Latest Market News
“It’s time to move the crypto policy debate from “we need regulation” to ‘what are the impacts of specific regulatory proposals?’” said Chamber of Progress. 325 Total views 5 Total shares The tech trade group Chamber of Progress called on members of the United States Senate and House of Representatives for regulatory clarity in the […]
Tesla TSLA, +0.80% disposed of 75% of its bitcoin BTCUSD, +0.09% holdings in the second quarter, as the crypto traded 65% lower from its record high in November. The company sold the coins for $936 million, according to the electric car marker’s earnings report released Wednesday. Tesla said it invested $1.5 billion in bitcoin early […]
Type: Bearish Momentum Key Levels:Resistance: 104.47Pivot: 101.56Support: 95.17 Preferred Case:On the H4, with price moving within a descending channel and RSI moving along a descending trendline, we have a bearish bias that price will drop from the pivot at 101.56 where the pullback resistance and 78.6% fibonacci retracement are to 1st support at 95.17 in […]
Type: Bullish Rise Key Levels:Resistance: 138.73Pivot: 137.22Support: 136.38 Preferred Case:On the H4, with prices moving above the ichimoku indicator and along the ascending trendline, we have a bullish bias that price will rise from the pivot at 137.22 in line with the pullback support to the 1st resistance at 138.73 where the swing high resistance […]
• Nasdaq 100 broke resistance level 12180.00 • Likely to rise to resistance level 12920.00 Nasdaq 100 index recently broke the resistance area located at the intersection of the resistance level 12180.00 (which stopped the previous waves (a) and (i), as can be seen below) and the 61.8% Fibonacci correction of the downward impulse from […]
• GBPNZD reversed from support level 1.9135 • Likely to rise to resistance level 1.9400 GBPNZD recently reversed up from the pivotal support level 1.9135 (which has been reversing the pair from the middle of April), strengthened by the lower daily Bollinger Band and the 50% Fibonacci correction of the upward move from April. The […]