Hi guys! 👋🏻 🔔 I was sceptical on the completion of the staking, it went as planned and 524 288 ETH were staked at the Ethereum 2.0 contract. The official launch of the Ethereum 2.0 is planned on December 1, which is another date to watch for Ethereum investors and traders. 🔔 Ethereum’s token ETH still has a lot of room for growth. The bullish sentiment of...
Hi guys! 👋🏻 🔔 USDCAD continues the correction after a substantial growth on November 9. The pair is consolidating between $1.30900 and $1.30494. 🔔 On a 4-Hour chart USD/CAD has formed a bullish flag pattern, breakout from which will signal a bullish continuation. And the triangle on RSI is getting smaller and smaller, leaving little space for fluctiation and...
Hi guys! 👋🏻 🔔 While Cardano is working on it’s complete transition to DeFi, ADA/USD made a significant breakout. Yesterday cardano was trapped between two Moving Averages, MA100 and MA200, today it’s traded at $0.10800, above MA100. 🔔 ADA/USD is still in a correction phase and deeper downtrends may continue, especially when Bitcoin dominance rises higher....
Hi guys! 👋🏻 🔔 The Pound looks strong and is looking to break the resistance and climb higher, though there are resistances and patterns that signal a correction. 🔔 First and the foremost is the dynamic resistance (upper threshold of the ascending channel) on a 4H chart. The pair penetrated the resistance and was sent back yesterday. The pattern on the same 4H is...
Hi guys! 👋🏻 🔔 Japan has been showing a steady recovery from the pandemic today’s Trade Balance and Exports data testifies. Battered US Dollar Index also supports the downtrend of the USD/JPY. 🔔 Yesterday’s US Retail Sales, import and export price indexes data announced were below the forecasted, more importantly Core Retails sales (MoM) was 1 bp lower than the...
Hi guys! 🔔 Markets were shaken today after the vaccine updates announcements from Pfizer reporting that their vaccine is 90% effective. 🔔 The news supported the surge of crude and US Indices and the plummet of Gold, Silver and Bitcoin as end-of-pandemy hopes enveiled global markets. 🔔 There are two possible scenarios for Bitcoin here. The first sounds more...
Hi guys! 👋🏻 🔔 Litecoin is about to break the resistance at $64, no success so far. 🔔 There are two patterns I'm currently tracking - Cup and Handle and Inverted H&S. 🔔 There are no significant updates and news related to Litecoin, except listing on Paypal, hence the price action is mainly related to speculation by traders and general crypto market sentiment....
Hi guys! 👋🏻 🔔 Ethereum is ongoing a historical metamorphosis of it’s network transitioning from the PoW to the PoS consensus. To start the chain, the deposit contract should receive a total number of 524,288 ETH from validators, total 16,384 deposits (32 Eth each) by November 24. 🔔 So far the deposit contract address on a popular transaction scanner shows that...
Hi guys! 👋🏻 🔔 There is a great opportunity for a profit on XAGUSD as Silver is about breakout from the neckline of the Inverted Head and Shoulders pattern. 🔔 I'd target 24.4200 as it bears a dynamic and static resistances ✊🏻 Good luck with your trades! ✊🏻 If you like the idea hit the 👍🏻 button, follow me for more ideas.
Hi guys! 🔔 Ethereum bounced back after testing of the dynamic resistance (upper threshold of the descending channel). 🔔 Bulls are not giving up and ETHUSD remains inside the channel which is a good sign. The wick of the last red candle shows increasing volumes of buy orders at these levels. 🔔 If you look at previous jumps on the chart, they all were preceding a...
Hi guys! 👋🏻 🔔 Australia projects a recovery from the pandemic footprints on the economy. The third quarter CPI announced 1.6% growth was beyond the expected 1.5% and more importantly the YoY CPI of 0.7% signalled an economic recovery of the state. 🔔 Despite the growing numbers, AUD was not able to overtake the US Dollar and continued the down slide this week and...
Hi guys! Netflix and Ubisoft have partnered to produce the Assassins Creed series. Ubisoft has more than 140M copies of AC games sold, 95M of which are unique. Ubisoft also reported that 3 of the top games that have over 10 million copies sold out Worldwide are AC Series - Assassins Creed: Origins, Assassins Creed: Odyssey, Assassins Creed: Unity. For Netflix...
Hi guys! 👋🏻 🔔 I expect the continuation of the movements within the Bitcoin parallel channel. My mid-term target is 14600, but the dynamic resistance here might halt the uptrend for some time. 🔔 The price is above MA100 and tested it as a support - good sign, RSI is almost overbought - not a good sign, MACD blue MA over the orange MA - good sign. 🔔 13200 is...
Hi guys! 👋🏻 🔔 EURUSD continues to move within the uptrend channel. The movement from October 15 was impulsive, therefore it makes sense to wait for a further upward movement. 🔔 At this stage, in my opinion, one should wait for the break out from the symmetrical triangle, which in turn foreshadows the end of the correction, and open a long. 🔔 If the price breaks...
Hi guys! 👋🏻 Bitcoin is about to complete the formation of the Head and Shoulders pattern, so I highly recommend you to keep an eye on a possible sell-off. 🔔 The neckline is at 11250, if the price drops below the neckline, then we might witness a drop down to $11 120 and probably $10 910. 🔔 See examples of the latest H&S pattern below and why I think BTC will...
Hi guys! 👋🏻 UK PM Mr. Johson wants to protect the UK fish from the cruel French and Dutch trawlers and EU vessels in general. Trump said that he wants the stimulus bill talks to resume asap, and is now the steroid he is taking "dexamethasone" is questioned in relation to his shifting positions on stimulus bill. EU wants to keep the fishery deal as is, whereas the...
Hi guys! 👋🏻 🔔 Silver mostly outperforms Gold whenever the DXY weakens, as a cheaper alternative of the safe-haven, similar to Bitcoin - Ethereum relation. 🔔 The daily chart demonstrates an end to the correction and an upcoming bullish run, Fibo 0.618 test, MACD and RSI. 🔔 Silver will continue bullish as global pandemic and money pumping into the economy...
Hi guys! 👋🏻 Regulators heat up the pressure on crypto after the two Iranian flagships reached the Venezuelan cost. It is assumed that the Venezuelan government paid the Iranian for the delivered gasoline in crypto. CFTC fined BitMex for operating an unregistered platform in the US and violating the Anti-Money Laundering regulations. The regulator also charged...