Key Resistance Levels: $225, $250, $275 Key Support Levels: $150, $125, $100 ETH/USD Long-term Trend: Bearish Today, Ethereum is consolidating between levels of $100 and $140 after the last bearish impulse. The bulls pulled back price but could not push ETH above $140. Ether lacks buying at a higher price level. Meanwhile, the bulls defended […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bearish Today, Bitcoin has been trading in a confined range of $4,500 and $5,500. The bears took the price to a low of $4,500 and were repelled. The bulls have earlier been resisted at the $5,500 and $6,000 […]
In the cryptocurrency sector, last Thursday was chaos. Despite Bitcoin values plummeting at their lowest point about 50 percent, and other digital assets deteriorating, the latest nose dive is arguably the worst in cryptocurrency history. In reality, as Brian Norgard pointed out, as an investor and former Tinder CPO, the speed of the fall make […]
GBPUSD Price Analysis – March 16 With the Fed’s surprise activity reminiscent of the US dollar bears, GBPUSD bounces off lows in an early attempt to rebound past the level of 1.2300 to 1.2412 and higher than 0.50 percent on Monday as it heads into open European and American session. During the early Asian session, […]
Following yesterday’s $800 gains, Bitcoin trapped buyers and resumes selling pressure towards $4000 There’s hope for buyers if Bitcoin can climb back to $6000 resistance as $5000 remains an important level Since the March 12 crash to $4000 (Bitfinex), Bitcoin saw a small recovery near $6000 but failed after rejecting twice. Following a quick $800 […]
S&P 500 Price Analysis – March 16 Today, it seems that market selling may continue as the S&P 500 furthers its decline again. The unexpected move by the US Federal Reserve to cut rates by 100 bp from 1% -1.25% to 0% -0.25% and the announcement of a quantitative easing program, it seems, has not […]
Key Resistance Zones: 28500, 29000, 29500 Key Support Zones: 26000, 25500, 25000 US Wall Street 30 (US30USD) Long-term Trends: Bearish US Wall Street 30 index is on a bear market. On March 12, the index fell to the low of 21000 and resumed fluctuations. The price is fluctuating between 21000 and 23000 price levels. At […]
Resistance Level: 7500, 7600, 7700 Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: Bearish FTSE 100 was previously fluctuating between 7000 and 7600 but the bears have broken the range-bound movement. The bears have broken the lower price range and the market dropped to a low of 5366. The downward move is likely […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bearish After the last breakdown on March 12, the coin dropped from the high of $8,000 to the low of $4,600 and then resumed consolidation. Bitcoin has continued to fluctuate between $4,500 and $5,500. The bulls are currently […]
