Look at the previous chart shared here Risk free running – Target almost achieved
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As per the earlier post , It did not break the 10K mark and fell down This could lead to some more correction 8400 area
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Key technical reasons 1. Price was in uptrend 2. Long corrective channel 3. Price not breaking the support 4. Price rejected the key area and took a strong up move until the strong support is not broken the long bias stays alive
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Let me explain Bitcoin from scratch. So consider BITCOIN = Ledger – Trust + Cryptography For using cryptocurrency or bitcoin you do not have to actually know how it works in back end. Similarly, when you transfer money or use your visa or master card you do not know how the transaction works in the […]
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New BTC are given to Bitcoin miners as their Bitcoin block reward when they verify blocks of transactions. To begin with, the reward stood at 50 BTC per block. This would have been worth under a dollar back in 2009 — but at today’s rates (April 28), the price of Bitcoin would’ve gotten you a […]
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After seeing negative prices in Crude Oil futures, will oil prices stay depressed, or will they recover any time soon? With stock markets unclear, and the US dollar fluctuating wildly, is Gold and bitcoin are good long-term investment now? The most bearish pairs are Brent (BCOUSD) and Crude Oil (WTIUSD) Look at Brent Oil below […]
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eBay Inc. is an American multinational e-commerce corporation based in San Jose, California, that facilitates consumer-to-consumer and business-to-consumer sales through its website. eBay was founded by Pierre Omidyar in the Fall of 1995, and became a notable success story of the dot-com bubble Looking at the monthly chart , ebay recovered beautifully after the crash […]
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The S&P 500 is widely regarded as the best single gauge of large-cap U.S. equities. There is over USD 9.9 trillion indexed or benchmarked to the index, with indexed assets comprising approximately USD 3.4 trillion of this total Have a look at the possible Elliot wave count for S&P 500 at 10 Year chart – looks like more correction ahead […]
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