• Bitcoin’s major level for a rebound lies at $9600 support • If the buyers fail to regroup at this support, Bitcoin would be doomed for short-term bearish After facing rejection around $10200 yesterday, Bitcoin has further dropped to the $9700 area we mentioned in our previous crypto trading signals. This hourly support has seen […]
Following the dispatch of a re-election futures contract for Donald Trump a week ago, the FTX crypto derivatives exchange included five additional futures contracts for different US presidential candidates. The latest contracts include Bernie Sanders (BERNIE), Joe (BIDEN), Mike (BLOOMBERG), Pete Buttigieg (PETE) and Elizabeth (WARREN), FTX reported on Monday. This implies clients would now […]
EURUSD Price Analysis – February 10 EURUSD widened its decline to a new low of 2020 at 1.0910 level, ending the US session not much higher than the level. The week began, as usual, in slow motion, the market is still focused on the outbreak of the Chinese coronavirus and on how this can impact […]
The Australian government announced on the 7th of February that it has intentions of ramping-up innovations in the country through the use of blockchain technology with a revised nationwide road map. The Ministry for Industry, Science, Energy, and Resources has developed a unique nationwide strategy that aims at capturing the potential value produced through business-related […]
Key Resistance Levels: $225, $250, $275 Key Support Levels: $150, $125, $100 ETH/USD Long-term Trend: Bullish Yesterday, Ethereum was in an uptrend and it reached a high of $230. Immediately, the bulls were resisted and the price fell to the low of $216. Incidentally, if the bulls succeeded in breaking above the $230 resistance and […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish Yesterday, Bitcoin traded and climbed above the $10,000 price level. The upward move to the new high was short-lived as the bulls were resisted. The bulls were resisted at a high of $10,165 and the coin fell […]
• If Bitcoin fails to reclaim $10000 price level, short-term bearish is likely to play out • Bitcoin flashes drop to $9700 after losing 6% from a 3-month high. A few hours ago, we saw Bitcoin losing about 6% after opening short around $10190 today. This sharp drop in price has led most correlating altcoins […]
GBPUSD Price Analysis – February 9 The currency pair fell for the third day in a row, closing the week at 1.2885, the lowest since November last year. The pound surrendered to the demand of the dollar, even though data on the UK provided encouraging signs. Key Levels Resistance Levels: 1.3700, 1.3514, 1.3172 Support Levels: […]
Resistance Level: 7,500, 7, 600, 7,700 Support Level: 7,300, 7,200, 7,100 FTSE 100 (UKX) Long-term Trend: Ranging In the last 48 hours, FTSE 100 share prices have remained the same. That is from February 7 to February 9. At the beginning of 2020, the share was in a downtrend from the highs of 7,700 to […]
