• Bitcoin remains under short-term bearish control but the bulls won’t give up • The sideways trend may resume if Bitcoin climbs well above $9200. After touching $9628 this week, Bitcoin saw a substantial price reduction with a slight break to around $9100 yesterday. This price area has provided a small rebound as Bitcoin climbs […]
USDCHF Price Analysis – February 4 The Forex pair exited the previous session with small gains and continued to rise towards the 0.9700 level on Tuesday, supported by optimistic market sentiment. At the time of writing, the pair is trading at 0.9692 level, adding 0.32% daily. Key Levels Resistance Levels: 1.0231, 1.0027, 0.9766 Support Levels: […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Ranging Originally, the market was range-bound between $9,200 and $9,600. BTC has been on a downward move since February 2. The bears have broken the lower price range of $9,200 and continued the downward move. Before this time, […]
S&P 500 Price Analysis – February 4 The S & P 500 rose strongly in a temporary pullback to a higher zone on Tuesday as the risk-on mood is dominating the market. Buyers have gathered significant momentum, and a breakout past 3300 could retest an all-time high near 3338.50 level. Key Levels Resistance Levels: 3400, […]
Key Resistance Levels: $0.30, $0.40, $0.45 Key Support Levels: $0.25, $0.20, $0.15 XRP/USD Long-term Trend: Bullish Ripple’s current upward move was a bounce from the low of $0.21 since January 25. The coin reaches a high of $0.24 and pullback to the low of $0.23. At the resistance of $0.24, the bulls made three other […]
A hacker group has successfully hacked into the systems of 5 United States law firms and are demanding two separate 100 Bitcoin compensation from each entity: the first compensation to redeem access to the data, the other to erase their copy rather than selling it off to the highest bidder. Based on a news report […]
• Bitcoin is poised for short-term sell but $9200 is suppressing bearish scenario • BTC continues to show weakness after losing $400 over the last 24-hours Since our previous crypto trading analysis, Bitcoin has remained in a very tight range of $9200-$9600 over the past five days. Meanwhile, BTC price had lost $400 from its […]
EURUSD Price Analysis – February 3 The beginning of the week saw the dollar regain its bullish tone, as it rose against most major currencies on the back of stronger-than-expected US data. At the moment, the market is reversing from the EUR rebound on Friday and testing the horizontal level at 1.1095. Key Levels Resistance […]
USDWTI Price Analysis – February 3 West Texas Intermediate barrel (WTI) lost nearly 16% in January and extened its decline on the first trading day in February as markets continue to price the impact of the Corona Virus outbreak on global oil demand with its lowest level since January 2019 at $ 49.88 in the […]
