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Type: Bearish MomentumKey Levels:Resistance: 814’4Pivot: 807’4Support: 795’4Preferred Case:We see the potential for a bearish dip from our pivot level at 807’4 in line with 38.2% Fibonacci retracement towards our 1st support level at 795’4 in line with 50% Fibonacci retracement, 61.8% Fibonacci projection and -27.2% Fibonacci expansion.Alternative Scenario:Alternatively, price might break our pivot structure and […]
Crypto investors from the United States realized nearly $47 billion in gains during 2021, outpacing the UK by a factor of six. 115 Total views 9 Total shares Crypto investors from the United States realized crypto gains nearly six times higher in total than the UK, the second highest country in terms of realized gains. […]
BTIG analysts surveyed 1,000 Starbucks Corp SBUX, -1.29% customers and found that only 4% planned to stop visiting the coffee purveyor if negotiations with unions fail to result in an agreement. More than two-thirds (68%) said the effort would have no effect on their visitation habits, 15% said they would visit less often and 13% […]
dYdX said that it is looking at full decentralization to offer its users advantages of DeFi that centralized services can’t. 688 Total views 69 Total shares Ethereum Layer 2-based crypto derivatives trading platform dYdX has vowed to become “100% decentralized by EOY” via the protocol’s V4 update. dYdX primarily offers perpetual contracts, which are derivatives […]
A stock-options strategy known as a “straddle” on Tesla Inc.’s stock TSLA, -4.96% is priced Wednesday for a one-day, post-earnings move of $66.56, according to data provided by Option Research & Technology Services (ORATS) Principal Matt Amberson. That’s slightly less than average price move over the past 12 quarters of $67.27, ORATS data show. A […]
Analysts from Insider Intelligence believe that crypto’s transactional value will increase by 70% in 2022. 1850 Total views 122 Total shares The number of adults in the United States who will use crypto to make purchases in 2022 will increase to 3.6 million, according to a research firm. A report published by Insider Intelligence shows […]