On Monday morning, the price of bitcoin fell sharply. As the chart shows, the BTC/USD rate fell below 42,000 on Monday during the Asian session. According to Coinglass, the decline resulted in about $400 million worth of positions being liquidated by about 100,000 traders on cryptocurrency exchanges. So far, the price has found support around […]
Nov 20, 2024
S&P 500 index Wave Analysis
S&P 500 index reversed from support zone Likely to rise to resistance level 6000.00 S&P 500 index recently reversed up from the pivotal support level 5850.00 (former multi-day resistance from October). The support level 5850.00 was further strengthened by the lower daily Bollinger Band, support trendline from August and the 50% Fibonacci correction of the […]
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