The price action of Ethereum is currently attempting to strengthen above the psychologically significant threshold at 2500.00, in what can be considered as an early bullish signal. The cryptocurrency collapsed last week following the sudden Russian invasion of Ukraine, as traders and investors dumped high-risk assets in the search for lower-risk securities. Despite these tribulations, however, Ethereum was [...]
Read full analysisThe price action of Bitcoin is once again tanking as bearish bias is ramping up. This is being prompted by several contributing factors, the main one amongst which is increasing overall uncertainty. Markets are shuddering from the looming prospects of a Russian invasion of Ukraine, which stymies investors ' demand for higher-risk assets. [...]
Read full analysisThe price action of the EURUSD is currently consolidating near the dip of the previous downtrend as bullish pressure is once again accumulating. This may represent a very early stage in the development of a new uptrend, which may allow bulls the opportunity to utilise contrarian trading strategies on the expectations for such a trend reversal. [...]
Read full analysisThe price action of one of the most popular cryptocurrencies in the world continues to behave exactly as per the expectations of the Elliott Wave theory, twisting and turning in a manner that is demonstrative of its fractality and scalability. What that means is that each subsequent wave represents a proportionate leg - whether impulse or retracement - of a broader structure, transcending across multiple [...]
Read full analysisThe price action of Bitcoin looks poised to continue sinking lower in the coming weeks as the underlying bearish pressure keeps on mounting. This is exemplified by the recent upsurge in selling volume, which led to the completion of the bullish pullback. That is why bears could seek to implement trend-continuation trading strategies on the current set-up. [...]
Read full analysisFollowing the latest economic developments globally, significant bearish sentiment is currently being observed on the EURUSD pair. This drastic change in the underlying supply and demand equilibrium is likely to drive the price action even lower in the foreseeable future. Most importantly, FED's recent hint at a very probable rate hike as early as March strengthened the dollar. This decision was motivated [...]
Read full analysisThe price action of the second most popular cryptocurrency in the world is currently behaving as per the expectations of the Elliott Wave Cycle Theory, amidst the general selloff in the market. This behaviour elucidates the possibility for the implementation of trend-continuation trading strategies. Namely, bulls and bears alike may try to pick tops and bottoms as the Elliott cycle continues to evolve. [...]
Read full analysisThe most popular cryptocurrency in the world has been massively undervalued since late 2021 owing to a number of contributing factors. But upon closer examination, the price action appears to be establishing a massive Head and Shoulders pattern which, if realised, would entail the development of an even bigger downtrend in the long run. Nevertheless, this may also entail bulls with an opportunity to go long [...]
Read full analysisFollowing a prolonged consolidation within the boundaries of a narrow range, the price action of the EURUSD is finally attempting a major breakout. If proved successful, this could entail the beginning of a new massive uptrend. Both currencies are affected by soaring inflation, with consumer prices in the U.S. topping a four-decade peak and headline inflation in the Eurozone reaching an all-time high. [...]
Read full analysisThe price of Ethereum plummeted sharply earlier today following a sweeping selloff in the crypto market. Over the last couple of days, Bitcoin , the benchmark cryptocurrency, fell by over 6 per cent. There are multiple factors contributing to the selloff, with the most significant one being the temporary strengthening of the dollar. The greenback is currently advancing ahead of the release of the December [...]
Read full analysisThe price action of Ethereum is currently attempting to strengthen above the psychologically significant threshold at 2500.00, in what can be considered as an early bullish signal. The cryptocurrency collapsed last week following the sudden Russian invasion of Ukraine, as traders and investors dumped high-risk assets in the search for lower-risk securities. Despite these tribulations, however, Ethereum was [...]
The price action of Bitcoin is once again tanking as bearish bias is ramping up. This is being prompted by several contributing factors, the main one amongst which is increasing overall uncertainty. Markets are shuddering from the looming prospects of a Russian invasion of Ukraine, which stymies investors ' demand for higher-risk assets. [...]
The price action of the EURUSD is currently consolidating near the dip of the previous downtrend as bullish pressure is once again accumulating. This may represent a very early stage in the development of a new uptrend, which may allow bulls the opportunity to utilise contrarian trading strategies on the expectations for such a trend reversal. [...]
The price action of one of the most popular cryptocurrencies in the world continues to behave exactly as per the expectations of the Elliott Wave theory, twisting and turning in a manner that is demonstrative of its fractality and scalability. What that means is that each subsequent wave represents a proportionate leg - whether impulse or retracement - of a broader structure, transcending across multiple [...]
The price action of Bitcoin looks poised to continue sinking lower in the coming weeks as the underlying bearish pressure keeps on mounting. This is exemplified by the recent upsurge in selling volume, which led to the completion of the bullish pullback. That is why bears could seek to implement trend-continuation trading strategies on the current set-up. [...]
Following the latest economic developments globally, significant bearish sentiment is currently being observed on the EURUSD pair. This drastic change in the underlying supply and demand equilibrium is likely to drive the price action even lower in the foreseeable future. Most importantly, FED's recent hint at a very probable rate hike as early as March strengthened the dollar. This decision was motivated [...]
The price action of the second most popular cryptocurrency in the world is currently behaving as per the expectations of the Elliott Wave Cycle Theory, amidst the general selloff in the market. This behaviour elucidates the possibility for the implementation of trend-continuation trading strategies. Namely, bulls and bears alike may try to pick tops and bottoms as the Elliott cycle continues to evolve. [...]
The most popular cryptocurrency in the world has been massively undervalued since late 2021 owing to a number of contributing factors. But upon closer examination, the price action appears to be establishing a massive Head and Shoulders pattern which, if realised, would entail the development of an even bigger downtrend in the long run. Nevertheless, this may also entail bulls with an opportunity to go long [...]
Following a prolonged consolidation within the boundaries of a narrow range, the price action of the EURUSD is finally attempting a major breakout. If proved successful, this could entail the beginning of a new massive uptrend. Both currencies are affected by soaring inflation, with consumer prices in the U.S. topping a four-decade peak and headline inflation in the Eurozone reaching an all-time high. [...]
The price of Ethereum plummeted sharply earlier today following a sweeping selloff in the crypto market. Over the last couple of days, Bitcoin , the benchmark cryptocurrency, fell by over 6 per cent. There are multiple factors contributing to the selloff, with the most significant one being the temporary strengthening of the dollar. The greenback is currently advancing ahead of the release of the December [...]