Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bearish Bitcoin’s upward move was interrupted because there was heavy selling above $9,500. The bulls buying power could not sustain higher price levels. The bulls were resisted at $9,200 as the downward movement continues. The price breakdown extended […]
Key Resistance Levels: $225, $250, $275 Key Support Levels: $150, $125, $100 ETH/USD Long-term Trend: Bullish Ethereum’s recent fall was caused by the bulls’ inability to sustain above $240 price level. Since on February 25, the market has been fluctuating above $220 before its upward move to the high of $246. As the price breaks […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bearish Bitcoin at present is approaching the low of $7,800. The current downtrend broke the critical support levels of $8,400, $8,200 and it is approaching the low of $7,800. The current selling pressure was as a result of […]
Confiscated Bitcoins and Bitcoin forks worth about $125,000 will be sold through Wilsons Auctions, an Irish auction house. The auction house is located in Ireland. Belgium will announce the sale of its confiscated cryptocurrency at noon on March 24 without a reserve of GMT, according to an announcement at Wilson auctions, which means that a […]
EURUSD Price Analysis – March 9 Overall, the coronavirus headlines are set at EURUSD, ranging from the number of cases, steps to avoid the disease, and fluctuations in correlated assets such as yields. Another increase in buying on EURUSD moved the market past the level of 1.1410/1.1450 for an intraday step to its highest level […]
USDWTI Price Analysis – March 9 WTI oil futures for April delivery is in free fall mode on Monday after a price war between Saudi Arabia and Russia caused by last week’s OPEC+ meeting. On Monday, the oil price opened 11 percent lower and trading at a $27.40 level multi-year low, though not far from […]
• Bitcoin resumes short-term correction after failing to advance above $9200. • If Bitcoin continues to drop, the next selling target would be $7500 Since our previous crypto trading signals, Bitcoin has seen a huge price movement to the downside following a small bounce to $9200 last week. This time, BTC lost 18% in three […]
Chinese mining equipment giants are accused of misinforming investors about the status and safety of the company before their IPO. Canaan underwriters such as Galaxy Digital and Huatai Financial Holdings are also named in the lawsuit. One of Canaan’s shareholders sued the company for violating US securities laws. Canaan is a very popular manufacturer of […]
GBPUSD Price Analysis – March 8 GBPUSD rose one more time in the prior session while rallying towards the 1.3050 level, thanks to a weak US dollar. The greenback dropped further against G10 currencies even though the US data were better than anticipated. Key Levels Resistance Levels: 1.3514, 1.3172, 1.3080 Support Levels: 1.2900, 1.2582, 1.1958 […]
