Following last Friday’s massive buy from $47, Litecoin is now consolidating at $57.8 after recording $64 as the monthly high. The current squeeze was resulted by a low amount of trading volume. Meanwhile, Litecoin is bearish on a long-term but the last seven days of trading has allowed the price to trade above $55. However, […]
GBPJPY Price Analysis – October 30 The FX pair is seeing a slight upward momentum at the beginning of the European session with the GBPJPY inching towards the upper zone to test the horizontal line on the level at 141.50. Currently, the pair is attempting to break out from its tight trading range to the […]
Since our previous analysis, Bitcoin has remained quiet and indecisive in a symmetrical triangle formation on the 4-hour and hourly chart. The trading volume has seriously dropped but the bullish trajectory remains as Bitcoin continues to form a flag pattern. The crypto trading signals that something big is coming up for BTC sooner or later. […]
It was not that long ago that European financial regulator ESMA (European and Markets Authority) imposed a restriction for brokers to give out bonuses for deposits. That happened after some of the EU countries, like Belgium, decided to ban any promotion of binary options. Not only it affected the ability of traders to get any […]
USDCHF Price Analysis – October 29 The USDCHF pair in the prior session advanced to fresh session highs, around the level at 0.9970 zone but retreated again, however earlier today with buyers making a fresh attempt to build on the prior momentum had moved further but stalled on the level at 0.9963 to retreat again […]
Bitcoin’s price continues to hover around $9350 after falling sharply from the $10500 area during last weekend’s trading, although held support at the $9000. BTC is keeping a bullish momentum as the price may also fall seriously if a bearish step-back occurs. However, BTC seemed to have made a reversal as more upward movement is […]
The China Electronic Information Development (CCID) made an announcement on the 27th of October stating that the number of blockchain corporations in China is over 700. A survey carried out by the Committee of the Political Bureau of the Communist Party of China on the 24th of October has shown that amongst the aforesaid 700 […]
Toplines: FDI, U.S.-CHINA TRADE DISPUTES *Lately, assets that are sensitive to growth have gained and improved in October as positive expectations on trades persevere *In any case, another release records international investment crumbling, in just the most recent indication of trade dispute aftermath *The scenario is probably going to stay unpredictable for more risky settings […]
Following the last few days of the positive move, Ethereum is now trading above the 4-months descending wedge on the daily chart but the price has reached breakpoint on the hourly chart as the market carves a triangle pattern. Meanwhile, ETH is following a short-term bullish sentiment as it may become stronger in the […]
