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Why Technical Analysis (TA) Works Using Bitcoin As An Example
Article By: Mish Shedlock
Tuesday, January 23, 2024 4:51 PM EDT
Bitcoin support broke. What’s Next? Let’s discuss the Bitcoin picture and more importantly, technical analysis (TA) in general.
In this article: BITCOMP
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BTCUSD Is Testing The 50-SMA
Article By: Alpari
Tuesday, January 23, 2024 8:27 AM EDT
Bitcoin has breached below the psychologically important $40000 for the first time since the beginning of December 2023.
In this article: BITCOMP
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Solana And Cardano: Solana Fell Below 80.00 This Morning
Article By: Finance Brokerage
Tuesday, January 23, 2024 6:48 AM EDT
Last Thursday, the price of Solana fell below the EMA200, which was a hint of its weakness. Cardano’s price is on the pullback after Sunday’s resistance at 0.520.
In this article: SOL-X, ADA-X
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Ripple: Strategic Whale Activities Highlight Potential Recoveries
Article By: Invezz
Tuesday, January 23, 2024 6:36 AM EDT
XRP price explores lows seen on 13 November 2023 after significant dips. Large-scale investors capitalize on the discounted prices with massive purchases. Whale actions and development activity suggest possible rallies for the remittance token.
In this article: XRP-X
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BTC/USD Signal: Bitcoin Gets Extremely Oversold
Article By: Daily Forex
Tuesday, January 23, 2024 5:48 AM EDT
Bitcoin moved below the important support at $40,000 and reached its lowest point since December 4th. It also crashed below the key support at $40,548, its lowest point on January 3rd and December 18th.
In this article: UUP, BITCOMP
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Bitcoin And Ethereum: Bitcoin Pulls Back Below $40,000
Article By: Finance Brokerage
Tuesday, January 23, 2024 5:15 AM EDT
Yesterday afternoon, we saw a strong bearish impulse and a fall in the price of Bitcoin to the $39437 level. Ethereum’s price drop continued last night with a retreat to the $2299 level.
In this article: BITCOMP, ETH-X
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Daily Market Outlook - Tuesday, Jan. 23
Article By: Patrick Munnelly
Tuesday, January 23, 2024 3:55 AM EDT
Asian stocks mostly rose after Wall St's fresh record levels, but gains were limited ahead of risk events.
In this article: SPX, BITCOMP, FXE, FXA, FXB, FXY
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Next BTC Buy-Point?
Article By: Tim Knight
Tuesday, January 23, 2024 3:10 AM EDT
As I suspected, the BTC ETF was a great sell-the-news event. I think crypto is going to sell off for weeks, and maybe even months, to com
In this article: BITCOMP
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Elliott Wave Technical Analysis: DOTUSD - Tuesday, January 23
Article By: Peter Mathers
Monday, January 22, 2024 10:10 PM EDT
Polkadot's ascent seems to have concluded at the 9.585 level, marking the completion of a five-wave Impulse rally in Wave 1. Anticipate a Wave 2 correction with a retracement level of 61.8%
In this article: UUP, DOT-X
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Financial Markets Report For Monday, January 22
Video By: Ira Epstein
Monday, January 22, 2024 9:50 PM EDT
In this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Monday, January 22.
In this video: BNO, FXE, DIA, FXB, IEF, IWM, OIL, SPY, UCO, UNG, USO, UUP, NDX, SPX, BITCOMP
Watch
Bitcoin U-Turn? Reversal From Important Fibonacci Level Sends Bearish Signal
Article By: Chris Kimble
Monday, January 22, 2024 5:38 PM EDT
Last week, Bitcoin created a bearish reversal at its 61% Fibonacci retracement level. And continued weakness is taking place this week.
In this article: BITCOMP
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Stocks Finish Higher As Bitcoin Slumps
Article By: Michael J. Kramer
Monday, January 22, 2024 5:27 PM EDT
It was a slow day for stocks following the January options expiration date.
In this article: NDX, SPX, BITCOMP
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Daily Market Outlook - Monday, Jan. 22
Article By: Patrick Munnelly
Monday, January 22, 2024 8:52 AM EDT
Asian stocks were mixed as Chinese stocks weakened, despite last week's record levels on Wall Street.
In this article: SPX, BITCOMP, FXE, FXA, FXB, FXY
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Grayscale Could Lose All Its Holdings Within The Next Two Months
Article By: Invezz
Monday, January 22, 2024 8:28 AM EDT
Grayscale, a leading crypto asset management firm based in New York, finds itself at the center of a financial storm as its Bitcoin Trust experiences a rapid outflow of funds.
In this article: GBTC Also: BITCOMP
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The SEC Just Approved 11 Exciting New Ways To Lose Money
Article By: Tim Plaehn
Monday, January 22, 2024 7:18 AM EDT
Much of the financial world has been waiting (for almost a decade) for the SEC to approve spot Bitcoin ETFs. On January 10, it finally happened. And now we have 11 exciting new ways to lose a bunch of money.
In this article: IBIT Also: GLD
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Elliott Wave Technical Analysis: Uniswap/U.S. Dollar - Monday, Jan. 22
Article By: Peter Mathers
Monday, January 22, 2024 7:00 AM EDT
Uniswap's rise appears to have ended at the 8.4288 level, which was a five-wave Impulse rally in Wave 1.
In this article: UNI-X
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