It has been two months since Bitcoin broke the downtrend going from $ 9000 to $ 12000 in just a couple of weeks. Since then we have consolidated in the range between $ 11,200 and $ 12,100 until the price suddenly plummeted 15% in what many thought could be a trend change to the downside.
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The 55 Day EMA has been a crucial indicator in forecasting large drops in the price of #BTC. Every time Bitcoin has dropped below the daily 55 EMA we have seen a large dump in price. For many reasons I think we have yet to make another higher low in price, and the 55 EMA
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Bitcoin price is facing a historically volatile quarter, that’s in the past taken the cryptocurrency to either its annual top or bottom the last few years in a row. But this quarterly close is especially pivotal, due to one important but likely overlooked resistance level. How the cryptocurrency closes in less than 48 hours could
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Collaborating with YouGov, the Royal United Services Institute, or RUSI, and the Association of Certified Anti-Money Laundering Specialists, or ACAMS, conducted a survey on authorities’ perception of the crypto industry. “The RUSI-ACAMS Cryptocurrency Risk & Compliance Survey provides unprecedented insight into how governments, the cryptocurrency industry, traditional financial institutions, and others view the use of
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💎Technical Analysis Summary💎 BINANCE: RENBTC -REN is rejected at the 100D Dynamic resistance area -If this small rally is over, it is likely to retest key support at the 1500s sat -From there, we will have to wait for any Bullish signs or pattern -But my recommendation is to enter only once the trendline resistance
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Welcome guys, CycleWave is the top author sharing trade ideas based on EW analysis since last four months on the global stocks, currency pairs, cryptos, future indices and commodities . LINKUSD – It is in B wave and may go little lower to end the B wave before reversing the price in to C wave
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As explained in detail in the weekly outlook , if you would like more information on how to get my free weekly outlook your more than welcome to send me a PM. My last H4 short idea did fall over but didn’t break the low, at worst BE trade so now I’m looking at a
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YENTS, an unusual stablecoin developed by the Kenya’s Young Entrepreneurs Network (YEN), has entered into testing under the local regulatory sandbox. YEN, which organizes golfing tournaments to facilitate networking opportunities for Kenyan entrepreneurs, plans on initially using the stablecoin as a means of payment for sporting events and training programs. The network’s CEO, Kamau Nyabwengi,
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uniswap might test its support at 3.80 today setting a double bottom but I feel like itll go lower then that, I think its movement only supports about 2.80 for a support. I guess well see if uni can gain enough support to make a push higher or not, I think uni is going to
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