News
Type: Bullish Rise Key Levels:Resistance: 13814Pivot: 13348Support: 13004 Preferred Case:On the H4, with price moving along an ascending trendline and above the ichimoku indicator, we have a bullish bias that price will rise from our pivot at 13348 in line with overlap support to the 1st resistance at 13814 where the 61.8% fibonacci retracement , […]
United States Senate Agriculture Committee chair Debbie Stabenow and ranking member John Boozman introduced the Digital Commodities Consumer Protection Act bill on Wednesday. The bill has been expected for several months. Like the Digital Commodities Exchange Act (DCEA) introduced into the House of Representatives by members of the House Agriculture Committee in April, the new […]
U.S. stocks booked powerful gains Wednesday, with the Dow sweeping to its best day in a week, as investors focus on bright spots in second-quarter corporate earnings. The blue-chip Dow Jones Industrial Average DJIA, +1.29% powered almost 500 points higher, or 1.5%, ending near 32,888, which was its best daily percentage gain since July 27, […]
Fifty-one days have passed since Bitcoin (BTC) last closed above $24,000, causing even the most bullish trader to question whether a sustainable recovery is feasible. However, despite the lackluster price action, bulls have the upper hand on Friday’s $510 million BTC options expiry. Bitcoin index/USD 1-day price. Source: TradingView Investors have been reducing their risk […]
Gold prices finished lower on Wednesday, ending the longest streak of gains for the precious metal since April, as some traders reconsidered the odds of a pivot by the Federal Reserve away from its aggressive rate-hiking stance. December gold GCZ22, -0.69% GC00, -0.69% fell $13.30, or 0.7%, to settle at $1,776.40 an ounce on Comex, […]
After five trading sessions of declining, the BTC managed to reach stability and is even trying to grow a bit. The asset is mostly fluctuating at $23,412. There isn’t too much activity in the cryptocurrency. It could be explained by controversial external background, investors’ concerns about geopolitics, and so on. However, the fact is: the […]