Category: Bullish
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4 bullish signals are pointing to more stock gains ahead, according to Bank of America
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Spencer Platt/Getty Images Bank of America technical analyst Steven Suttmeyer says the stock market is likely to continue rising. In a note on Tuesday, Suttmeyer highlighted four positive signs that point to a healthy bull market. “The rotation, which is the lifeblood of a bull market, suggests that the S&P…
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Bitcoin Miner Capitulation Almost Over: Is This Bullish?
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On-chain data shows that Bitcoin mining revenue is approaching its annual average, a sign that the capitulation may be coming to an end for miners. Bitcoin mining revenue is now approaching its 365-day simple moving average. In new mail On the X show, analyst James Van Straten discusses what the…
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BOC rate decision and lower oil price help to push USDCAD higher. Technicals more bullish.
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As the market awaits tomorrow’s Bank of Canada interest rate decision, the USD/CAD pair has been rising in anticipation of a rate cut. The pair has also been helped by a sharp drop in oil prices, which have pushed the price down by about 8% from its highs last Wednesday…
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Chart Art: U.S. Dollar Index’s (DXY) Potential Bullish Reversal
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The US dollar may be ready for a sharp rally after seeing a bearish trend earlier this month. Do you think the US dollar is ready to rise? Take a look at the reversal pattern on the 4-hour chart! US Dollar Index (DXY) 4-hour Chart by TV Days after retesting…
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TA of the Day: EUR/JPY Near Major Support. Will the Bullish Trend Hold?
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The EUR/JPY The currency pair, which has been one of the best performing pairs for bulls since the beginning of the year, is now facing a major challenge. ? With the price approaching the edge of an important dynamic support level, the question now is: will the bulls continue their…
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Solana Price Could Skyrocket 900% As Analyst Identifies Bullish Chart Pattern
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Solana’s price has been on a spectacular rise in recent weeks, returning to over $170 to close out a positive seven-day period for the market. Interestingly, the altcoin looks set for an even bigger move, according to a popular crypto analyst on the X platform. SOL Price Could Soar 900%…
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Bitcoin’s bullish sentiment in ‘serious decline’
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Positive sentiment for Bitcoin has seen a “serious decline,” according to analysts at market intelligence platform Santiment. On Thursday, as Bitcoin (BTC) struggled to regain its recent bullish trajectory, Santiment noted that funding rates were indicating an increase in bearish bets. “The positive sentiment towards Bitcoin has declined despite the…
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Bitcoin Bullish Signal: NVT Golden Cross Suggests BTC Oversold
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On-chain data shows that the Bitcoin Network Value to Transactions (NVT) Golden Cross is currently at a level that may indicate that BTC is undervalued. Bitcoin NVT Golden Cross has been in the oversold zone recently. As one analyst at CryptoQuant Quicktake explained, mailAccording to the NVT Golden Cross reading,…
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New Zealand’s Inflation Slowed In Q2 But Caused A Bullish Reaction For NZD
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New Zealand just released inflation data for Q2 2024! The report showed consumer prices rose by 0.4%, which is less than the expected increase of 0.6%. In fact, it is the lowest reading since the second quarter of 2020! The annual reading of the Consumer Price Index also indicated a…
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Solana Bullish Run: SOL’s 5% Surge Brings $160 Within Reach
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Solana (SOL) price is currently in an uptrend, gaining over 5% in the last 24 hours with strong upward momentum towards the $160 resistance level. Solana’s rising momentum analysis reveals that it could be driven by recent active buyers in the market and optimism that the digital asset could be…
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Bitcoin Technical Analysis – The bias switched back to bullish
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Basic Overview Bitcoin surged in value over the weekend after a failed assassination attempt on former US President Trump. The market responded positively to the event because it was a supporter of the cryptocurrency industry and the odds of Trump winning the election increased. Furthermore, we received news that the…
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Rising Bullish Momentum, Will Prices Go Higher?
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Bitcoin price started to rise strongly and broke the resistance level of $62,000. Bitcoin is showing positive signs and may rise towards the level of $63,200. Bitcoin gained bullish momentum above the $60,500 resistance area. The price is trading above the $61,500 level and the 100-hour simple moving average. A…
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Rising Bullish Momentum, Will Prices Go Higher?
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Bitcoin price started to rise strongly and broke the resistance level of $62,000. Bitcoin is showing positive signs and may rise towards the level of $63,200. Bitcoin gained bullish momentum above the $60,500 resistance area. The price is trading above the $61,500 level and the 100-hour simple moving average. A…
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4 charts show why Wall Street’s most bullish strategist expects the stock market to triple by 2030
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Cindy Ord/Getty Images for Yahoo!; iStock; Rebecca Zisser/PA Fundstrat’s Tom Lee expects the S&P 500 to hit 15,000 by 2030. Demographic trends, millennial spending habits, and technological advancements will be key drivers. Here are four charts that illustrate why Lee is bullish on the stock market. Fundstrat CEO Tom Lee…
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Less Than Half Of All Investors Are Still Bullish
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According to a recent survey by CoinGecko, many cryptocurrency investors are feeling pessimistic about the recent performance of cryptocurrency market prices. The performance of Bitcoin and other cryptocurrencies has undoubtedly left many investors looking to buy in June and the first week of July. This lackluster performance is far from…
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Bitcoin Forms Bullish On-Chain Signal That Led To 200% Price Rally Last Time
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According to the latest on-chain note, losses incurred by Bitcoin traders have reached a level that has proven significant to the currency’s movement several times in recent years. This raises the question – has the price of Bitcoin bottomed out? Traders’ realized losses are less than -12 again – what…
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Bullish Bitcoin Indicator Which Led To A Reversal Has Returned, Is $70,000 Possible?
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Jimmy CoatesReal Vision’s chief crypto analyst has highlighted an indicator that paints a bullish picture for Bitcoin (BTC). Based on this indicator, Cryptographer He noted that a reversal may already be on the horizon for the leading cryptocurrency. Bitcoin hash rate slows down Coates is mentioned in the X (formerly…
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Bullish Bitcoin Indicator Which Led To A Reversal Has Returned, Is $70,000 Possible?
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Jimmy CoatesReal Vision’s chief crypto analyst has highlighted an indicator that paints a bullish picture for Bitcoin (BTC). Based on this indicator, Cryptographer He noted that a reversal may already be on the horizon for the leading cryptocurrency. Bitcoin hash rate slows down Coates is mentioned in the X (formerly…
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Only Half of Crypto Investors Remain Bullish: CoinGecko Survey
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According to a recent survey by CoinGecko, only about half of investors are actually optimistic about the current cryptocurrency market. The study, which included 2,558 people, was conducted over the past two weeks, from June 25 to July 8. Cryptocurrency Investors Lead Bullish Outlook quinjico a report The report highlights…