Major supply zones: $280, $320, $360 Major demand zones: $160, $140, $100 ETH/USD Long Term Bias : Ranging The ETH/USD pair had been in a range-bound move after the last bearish impulse in August. In the first instance, the price made an upward correction which was resisted at the $220. Consequent to that, the coin […]
Bitcoin has extended its bearishness to a new week, although the market has been stable since the price fell to $8400 during last week trading. Currently, Bitcoin is leaning on the $8400 support. If this support can hold well, we should expect a positive move in the coming days. As of now, BTC is consolidating […]
Key Resistance levels: $0.30, $0.35, $0.40 Key Support Levels: $0.20, $0.15,$0.10 ZRX/USD Price Long-term Trend: Bearish The ZRX/USD pair is in a downward move after the market retests the $0.30 price level. In October, the coin was in a bullish move and tested the $0.35 resistance level. The bulls tested the $0.35 price level again […]
GBPUSD Price Analysis – November 17 Cable advanced past the level at 1.29 handle on the lower dollar after economic release for the U.S and the recent Brexit Party news gave a boost to the pair while holding firmly over the moving average 5 and 13. Key Levels Resistance Levels: 1.3301, 1.3185, 1.3012 Support levels: […]
The Chief of the Criminal Investigation Department of the United States Internal Revenue Service, John Fort mentioned, in an interview with Bloomberg Law which held on the 15th of November, that the agency has started monitoring possible taxing problems from Bitcoin ATMs and kiosks. The executive told Bloomberg that the IRS is working together with […]
The trade war which had lingered for over 16 months between the US and China had spurred up a little glimpse of positivity in the past weeks when reports filtered in that both countries were about removing the tariffs slapped on their respective goods. In this light, it seemed as if investors had gotten at […]
Trading volatility has been shrinking for a while now as a result of recent capitulation in the crypto market, which appeared to have made the value of Bitcoin to depreciate by the day. Recording a daily low of $8400, Bitcoin is struggling around the $8500 at the moment. Meanwhile, the market scenario is causing a […]
The United States Department of Justice, on the 14th of November, has apprehended and arraigned two people (Eric Meiggs and Declan Harrington) for breaking into unsuspecting victims’ social media accounts and making away with cryptocurrency. The culprits were prosecuted with one count of conspiracy, eight counts of wire fraud, one count of computer fraud and […]
Just as we predicted earlier today, Bitcoin has sharply dropped to the $8400 support zone, hitting take profits provided in our crypto trading signals. If the price can close well below the $8500, Bitcoin may close on a weekly low of $8000. As of now, Bitcoin is trading at $8496 under a lot of bearish […]
