News
Type: Bearish Drop Key Levels:Resistance: 32606Pivot: 31864Support: 30405 Preferred Case:On the H4, with price breaking the ascending trendline and moving below the ichimoku indicator, ,we have a bearish bias that price will drop from pivot at 31864 where the pullback resistance and 61.8% fibonacci retracement are to the 1st support at 30405 where the pullback […]
South Korea’s ‘Blockchain’ city of Busan continues to establish partnerships to foster the growth of the cryptocurrency industry. 850 Total views 29 Total shares South Korea’s second-largest city Busan has announced a partnership with crypto trading platform FTX to build a local crypto exchange and foster blockchain development. Sam Bankman-Fried’s FTX will assist in creating […]
The BTC recovered to $20,195 on Wednesday. Yesterday, the major cryptocurrency didn’t break its familiar range despite the fact that investors were selling it. The intermediate resistance lies at $20,350, and if the asset secures above it, there might be a pause in sales and the price might even rise to reach $21,000. To make […]
EURUSD reached parity yesterday; investors are monitoring external background. The major currency pair is looking stable on Wednesday. The current quote for the instrument is 0.9984. So far, EURUSD has managed not to move far away from parity. Investors are keeping a close eye on the news. What is extremely important for the Euro is […]
• Gold broke support level 1725.00 • Likely to fall to support level 1700.00 Gold recently broke the support level 1725.00 intersecting with the 61.8% Fibonacci correction of the upward correction 2 from July. The breakout of the support level 1725.00 accelerated the active short-term impulse waves (iii) and 3, which belong to the intermediate […]
• WTI reversed from resistance level 95.00 • Likely to fall to support level 141.35 WTI crude oil recently reversed down with the Bearish Engulfing from the resistance level 95.00 (which has been reversing the pair from the start of August) intersecting with the upper daily Bollinger Band and the 38.2% Fibonacci correction of the […]