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 […]
S&P 500 Price Analysis – February 9 The S & P 500 grew for most of the previous week, breaking through to a fresh high and again showing signs of strength. This is especially indicative of how much better the United States is managing its economy because of coronavirus and lack of growth in the […]
A China-based start-up, FUZAMEI, has launched a philanthropy-oriented blockchain platform to track and manage data. Title – Guide, Tips & Insights | Learn 2 Traded “33 Charity, ” the platform is developed to foster translucency and productivity in the internal systems of businesses, including humanitarian organizations, according to a news publication on the 7th of […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish Bitcoin makes a gradual push to the $10,300 as the price reaches a high of $10,050. The price pulled back on the 5th, 6th and 8th of February and made an upward move. BCH made a bigger […]
EURJPY Price Analysis – February 7 Demand for the safe-haven, Japanese yen is growing after the Chinese government announced that it would halve US import taxes of $ 75 billion. The United States had indicated its willingness to work with China to finally abandon all higher tariffs. The bit-level for sellers is 119.90 level. Key […]
XAUUSD Price Analysis – February 7 The increasing tension in the Coronavirus crisis could push gold upward, trying to reach the $ 1,575 level. The yellow metal strengthened despite stock market growth following the publication of economic data that exceeded expectations. However, the mood for assets at risk improved significantly as fears of coronavirus eased […]
