Analysing Bitcoin’s price on 6th December, we: → noted that more likely Trump’s victory in the presidential election and his plans to create a strategic reserve dedicated to Bitcoin were the primary driver of BTC/USD’s growth in November. → Identified two ascending channels (highlighted in blue and orange) that mapped the fluctuations within the upward […]
May 24, 2024
EURGBP Wave Analysis
EURGBP reversed from long-term support level 0.8500 Likely to test resistance level 0.8550 EURGBP currency pair today reversed up from the major long-term support level 0.8500 (which has been steadily reversing all downward impulse of this pair from July of 2023) intersecting with the lower daily Bollinger Band. The upward reversal from the support level […]
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