I see BTCUSD currently trapped in down trend channel... I think it will drop at least one more time due to the high volume that has smashed the price down through the 45k mark on the 7. September when BTC become an official tender in El Salvador. Since then the volume that has been traded is quite low despite the big tweets of buying the dip. This shows me that...
Currently on the 1D chart of GBPUSD we can see that GBP is back to an obvious support/resistance level at 1.4241 that area has first formed in 2010. The support and resistance has proven itself 4 times since 2010. The strange strange part is that the volume traded at this area isn’t that much for such a obvious support and resistance level… The resistance level...
Looking at the crazy sell-ff in the Crypto market on the wonderful Sunday. Since the crypto market easily surged by almost 5x since 1st of January 2021. It was not a surprise that the price has came down. This being said on the hindsight I also did't expected the crypto will destroy around 1 trillion within a few weeks. But looking at the ETHUSD chart today. I...