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Bitcoin En Route to $70,000 + Ethereum Trade in Deep Profits
Forex Trading Analysis, Live Trading Room, Technical AnalysisBitcoin bulls are gaining momentum again as the price comes inches away from the all-time high. Ethereum bulls have pushed past this year's high and have officially created a new all-time high.
After spending the last three weeks in consolidation,…
Bitcoin to $65,000 + EURUSD Swing Shorts in Profit
Forex Trading Analysis, Live Trading Room, Technical AnalysisBitcoin bulls are back with momentum as price initiates another bull rally. Meanwhile, EURUSD swing shorts have entered profit after a brief period of consolidation.
It was a fairly gloomy summer as Bitcoin went as low as $30,000 for a brief…
Bitcoin and Ethereum Set to Move Higher as Dollar Moves Lower
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe Dollar had one more retracement left in its tank as the price was able to stay above 90.850. Further downside is expected, however, and both Bitcoin and Ethereum look to resume their uptrends.
After yesterday's rejection of 90.850, it…
Coinbase Went Public - What Does this Mean for the Market?
News, Technical AnalysisEarlier this week Coinbase, one of the largest cryptocurrency platforms, went public on the Nasdaq. The company will be directly listed as $COIN and has an estimated valuation of $100 billion on the first trading day.
This can only be perceived…
Dollar to Visit 91.400 + ETH Longs Entered
Forex Trading Analysis, Live Trading Room, Technical AnalysisAs expected, the Dollar is set to continue the downtrend that was started at the end of March. While Forex pairs wait to start moving, Ethereum is ready to reach new highs.
Price action analysis completed yesterday indicated that the US Dollar…
DXY Bulls Back on Table + BTC Longs!
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter a bearish week last week and starting this week on the same note, US Dollar bulls are showing some fight. Bitcoin is also set to push higher after creating the latest higher low.
Despite Powell's harsh comments about the US economy,…