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ADA/USDT Update: The silence before the storm?ADA shows a great V-like recovery back to 0.95$. And we are in a consolidation phase and expecting a break soon. But to which side? Since some major news are coming I guess it's upward and we finally break 1$. However, it is still possible to test the 0.7$ area again first. Enjoy the ride and don't be too greedy. If you like the content, please like, comment and give this channel a follow. Cheers ps. Chart explanation: Green lines are tested support lines. Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet. Cyan line is for volume trendline. Purple lines are trendlines we take a look at. Yellow lines are for visual help only.
Long
by tumbler55
LRC - Update- We Aren't Done Yet!Continuing my theme recently, if you followed my last LRC trade it was good for.... 244%... Yeah - I don't know how that happened either. Anyway, looking at the chart, we saw almost a 30% retrace in value since hitting ATH at .6 area, nicely bring us out of oversold. Uptrend appears to still be in tact on MACD, interestingly the weekly has a ways to go still on RSI, see below Think we're good for at least another 120% here.. Likely higher as this has seriously legs behind it seemingly.
Long
by cryptosince1963
7
Market Update...USD edges higher in quiet trade as markets consider US stimulus, Brexit, virus. CAD modestly softer versus the USD, but intraday technicals are supportive. EUR holds relatively firm above 1.22, German Consumer Confidence sours. GBP softer as EU rejects UK offer on fish, Brexit talks grind on. JPY little changed, CHF out-performs on soft risk mood. AUD slides despite better-than-forecast 7% rise in Nov Retail Sales. The Euro is attempting to consolidate on the 1.2200 handle vs the Greenback after yesterday’s swoon below the round number and through technical support, with decent option expiry interest adding more layers of support given 2.3 bn at the strike and a further 1.1 bn at 1.2150. Meanwhile, the Loonie is still keeping an eye on crude prices before more Canadian data, albeit rather stale today and tomorrow compared to Xmas Eve (October average earnings, monthly GDP and November building permits respectively). Elsewhere, the Pound has regained a bit more composure following its extremely volatile start to the week, with Cable back near 1.3400 and Eur/Gbp pivoting 0.9100 after UK PM Johnson’s fishing concession and talks between himself and French President Macron aimed at unblocking the cargo route between Britain and France. However, reports that the latest offer on fisheries will be rejected by the EU has sparked another bout of selling in Sterling, in contrast to the Franc that is sitting tight just under 0.8850 and 1.0800 vs the Euro, in similar vein to the Yen keeping its head above 103.50, but likely to meet resistance at 103.00 in the form of 1.2 bn expiries.
by FTUKcom
8
Bitcoin MAJOR UpdatePlease review the current price action of BTC. 1. Bitcoin is still in the Ascending Channel 2. Just broke out of a small bull flag looking to test higher levels 3. Top of the Channel (Red Line) is formed from the bottom support from Bitcoins lowest levels. 4. The top of the Channel is prices at 28-30K 5. Fear & Greed index is at an ATH. 6. Do NOT buy here 7. Expect a 20-40% Correction in the near future 8. Possible Alt Season During Correction - but not confirmed yet Forming another leg up but the trend will end soon.
COINBASE:BTCUSDLong
by GlobalHealthWealth