Category: Art
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Justin Sun To Buy 100,000 Bananas In New York After $6.2 Million Art Purchase
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In a November 28 post on Twitter/X, Tron’s Justin Sun shared that he intends to do so Buy up to 100,000 bananas From the same fruit stand that produced the famous bananas. The now famous fruit stand is owned and operated by Shah Alam, and is located on the Upper…
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Kraken Bids Farewell to NFTs – Is the Digital Art Boom Over?
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The cryptocurrency company plans to do just that Decommissioning its NFT marketplace Early next year, a decision that could have a major impact on the NFT space. Analysts find this move by Kraken somewhat unexpected, raising questions about what the future holds for NFTs considering Kraken is a major player…
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Chart Art: Time for a Trend Correction on the S&P 500 (SP500) Index?
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US stock markets have been on the rise lately, but are we finally seeing signs of a correction to the rally in the S&P 500? Check out these nearby turning points! S&P 500 Index (SP500) 4 Hours Chart by TradingView Optimism for business-friendly policies under another Trump administration has allowed…
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Chart Art: EUR/GBP’s Potential Pullback After A Breakout
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EUR/GBP extended its November decline to break the range pattern from last week. Will we witness a decline during the coming trading sessions? Or will the bears keep calm and continue their momentum? We take a closer look at potential pullback levels for EUR/GBP! EUR/GBP Forex 4 Hours Chart by…
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Chart Art: WTI Crude Oil (USOIL) Testing Mid-Range Area of Interest
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WTI prices appear to be stuck around the middle of their range at the moment! Is it about to bounce back to support soon or is it about to continue its climb to the top? Take a look at the near-term turning points I’m watching on the 4-hour time frame:…
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Chart Art: Gold (XAU/USD) Pulling Back to Support-Turned-Resistance Zone?
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Did you miss the head and shoulders collapse we were seeing on gold prices a few days ago? The precious metal is in the middle of a correction in this area of interest! Take a look at the near-term turning points I’m watching on the 4-hour time frame: Gold (XAU/USD)…
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Chart Art: Potential Pullback Points After Bitcoin (BTC/USD) Hit Fresh Record Highs
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Bitcoin (BTC/USD) was one of the biggest movers yesterday after Trump’s election win raised the prospect of crypto-friendly policies. We are looking at potential support levels after the BTC/USD price fell from new record highs! Bitcoin (BTC/USD) for 4 hours Chart by TradingView What is dollar dominance? Bitcoin was one…
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Chart Art: Can EUR/GBP Stay Inside Its Range?
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The EUR/GBP pair is moving back and forth between the support level at 0.8300 and the resistance level at 0.8450. Is it preparing for a breakthrough soon? Or are we about to see another bounce off these inflection points? EUR/GBP 4 hours Chart by TradingView The ECB’s dovish rhetoric appears…
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Chart Art: Gold (XAU/USD) Potential Reversal Looming?
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Can gold prices rise from here? I see some signs of bullish exhaustion on the 4-hour time frame and a possible reversal chart pattern as well! Check these inflection points to gauge if the trend is still likely to continue: Gold (XAU/USD) 4-Hour Frame Chart by TradingView It seems that…
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Chart Art: WTI Crude Oil (USOIL) Just Bounced From a Range Support. Now What?
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A rebound in crude oil prices has pushed West Texas Intermediate (USOIL) crude higher from a key technical support area. Will this cause USOIL to reconsider areas of highest interest? Let’s check the 4-hour time frame: West Texas Intermediate (USOIL) 4 hours Chart by TradingView If you read Thursday’s market…
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Chart Art: Is The U.S. Dollar Index Ready To Bounce Higher?
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The US dollar retreated from some of its weekly gains after an advanced GDP reading disappointed market expectations. Are we looking at an opportunity to buy the dollar at lower levels? We zoom in on the 4-hour chart to check the range setting: US Dollar Index (DXY) 4 Hour Forex…
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Chart Art: USD/CHF Is Facing A Major Resistance At .8700!
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USD/CHF does not appear to be breaking through the major technical resistance area! Is it time to short the dollar against its safe-haven counterpart? We take a closer look at the daily chart! USD/CHF 1 Hour Forex Chart by TradingView The US dollar does not appear to be maintaining its…
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Chart Art: QQQ (Nasdaq 100 ETF) Rising Wedge Pattern In Focus
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The high-tech Nasdaq 100 ETF (QQQ) finds itself at a critical technical juncture just as the tech giants prepare to release earnings! Will strong tech gains fuel a sustained break above the rising wedge, or could any disappointments trigger a pullback to test buyer commitment? Check out the turning points…
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Chart Art: GBP/USD’s Potential Trend Pullback Levels
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The British pound has just stopped the downtrend around a potential technical support area. Will GBP/USD find enough demand at this level to extend the long-term trend? We check the daily chart! GBP/USD 1 Hour Forex Chart by TradingView In case you missed the latest weekly forex market summary, you…
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Chart Art: Bitcoin (BTC/USD) Triangle Breakout and Pullback
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Bitcoin has broken out of a long-term triangle pattern to indicate that a major trend is underway. Where could BTC/USD go next? Take a look at these potential targets I see on the daily time frame! Bitcoin (BTC/USD) Chart by TradingView A combination of risk-on and anti-USD action on election-related…
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Chart Art: Can AUD/JPY Sustain Its Breakout Momentum?
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Did you miss this triangle breakout on AUD/JPY? It is possible that the pair is in a rapid decline before gaining momentum during its ascent! Or is the momentum already fading? Either way, check out the inflection points I’m seeing on the hourly chart: AUD/JPY 1 Hour Forex Chart by…
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Chart Art: WTI Crude Oil (USOIL) Triangle Pattern Forming!
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WTI bulls appear to be ready for another rally, as the energy commodity found support at the bottom of a newly formed triangle pattern. Can you go north from here? Here are the upside targets I see on the 4-hour time frame: West Texas Intermediate (USOIL) Chart by TradingView Is…
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Chart Art: Is Gold (XAU/USD) Gearing Up for a Correction?
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Gold prices have been on a tear these days thanks to all the uncertainty in the market. Is it time for a correction soon? Better keep an eye on these potential support areas in case the precious metal declines! Gold (XAU/USD) 4-Hour Frame Chart by TradingView Flows into safe havens…
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Chart Art: EUR/JPY Testing Long-Term Range Resistance
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This EUR pair is at the top of its range on the four-hour time frame, and is still deciding whether to bounce or break. Check out these inflection points on my radar! EUR/JPY for 4 hours Chart by TradingView After rallying early this month, the EUR/JPY pair is stuck in…
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Chart Art: Potential Trend Support Area For WTI Crude Oil (USOIL)
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Remember the support zone we talked about a few days ago? Well, it turns out the bears had more fuel in the tank than we thought! Now, USOIL may get a bid from the trend line support that has been holding since early September. What do you think of this…