Category: sellers

  • Bitcoin Number Of Sellers Drops To A Minimum At Current Levels – Time For BTC To ‘Move On’

    The direction of the price is in the short term of Bitcoin is uncertain, as analysts and investors are divided on whether BTC will achieve the highest new level ever (ATH) or low prices for low prices. The price has been held in a tight range over the past twelve…

  • Ethereum Faces Aggressive Shorting As Taker Sellers Outpace Buyers By $350M Daily – Analyst

    This article is also available in Spanish. Ethereum, the second-largest cryptocurrency by market cap, has had a lackluster performance in 2024, underperforming against Bitcoin and several altcoins throughout the year. However, at the beginning of 2025, Ethereum began to show signs of recovery, rising more than 10% in less than…

  • Warning Signs For Bitcoin? Binance Trading Volume Drops As Sellers Take Control

    Meet Samuel Edem, nickname – HIM-buktu. Web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and an understanding of trends, he has written articles for numerous industry players, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the…

  • Online traders face crucial HMRC deadline as eBay sellers risk large tax bills

    Leading audit, tax and business advisory firm Blick Rothenberg has warned that eBay sellers and other online traders could face significant tax demands if they fail to register for self-assessment by the end of the year. Under new reporting rules, platforms such as eBay must provide HMRC with details of…

  • AUDUSD is lower on the week, but sellers had their shot and missed below key retracement.

    The Australian dollar fell against the US dollar a week ago as a result of the stronger-than-expected US jobs report. However, the price remained above the 200-bar moving average on the 4-hour chart (green line on the chart below). It wasn’t until Monday when the price broke below this level…

  • Online sellers on Walmart’s Flipkart sue India watchdog over antitrust probe By Reuters

    By Aditya Kalra NEW DELHI (Reuters) – Three online sellers working for Walmart-owned Flipkart have sued India’s antitrust watchdog over an investigation that found they, Flipkart and rival Amazon (NASDAQ:) violated competition laws, according to court filings seen by Reuters. The filings come after antitrust investigations that concluded in August…

  • Bitcoin Stalls Below $65,000 Despite Sellers Losing Momentum: What’s Going On?

    Bitcoin is still strong, up about 30% from a low of $49,000 in early August. With bulls gaining strength and fundamentals swinging in favor of the world’s most valuable cryptocurrency, prices are holding below $65,000. Looking at the daily chart, this reaction level coincides with the August highs. Technically, if…

  • Bitcoin Stalls Below $65,000 Despite Sellers Losing Momentum: What’s Going On?

    Bitcoin is still strong, up about 30% from a low of $49,000 in early August. With bulls gaining strength and fundamentals swinging in favor of the world’s most valuable cryptocurrency, prices are holding below $65,000. Looking at the daily chart, this reaction level coincides with the August highs. Technically, if…

  • USDJPY moves lower after PPI data. Sellers in control.

    US producer price index data came in largely in line with expectations, and did not change expectations for the Federal Reserve’s monetary policy decision next week, which is focused on cutting interest rates by 25 basis points. However, the USD/JPY pair has returned to the downside. This bias is contributed…

  • Can gold sellers gather some traction?

    Gold has gone up dramatically. Adam explained a “very simple case for buying gold” in his post here. It makes perfect sense. However, there are times when momentum fades and a corrective move occurs, or the “condition” changes and the market reverses. Technical analysis helps tell this story. Looking at…

  • NZDUSD finds willing sellers against the 100 day MA this week

    The NZD/USD pair fell to its lowest level this year on Monday on the back of a sharp decline in the Nikkei 225 (-12.4%). However, this new low was only a few pips above the April 2024 low, and the price rose sharply. The momentum stalled near last week’s highs…

  • EURJPY sellers have been leaning. That is staying below the 100 day MA, & the 100 hour MA

    When technical levels overlap and you find sellers (or buyers) leaning towards that level, this should give traders the impression that it is a “key risk-focused level.” This means that if the price cannot get back above that level, sellers (or buyers) are in control of the market. Furthermore, if…

  • USDJPY touches 100-hour MA target at 157.16, time for sellers to act

    In the introductory video, I explained how if the USD/JPY pair continues to move higher, the 100-hour moving average needs to hold resistance. Looking at the price action on Friday and again today, the highs and lows ignored the moving average line. With today’s decline, more selling momentum was found.…

  • USDCHF sellers push the price to the low for the week. Price back below the 100 day MA.

    The USD/CHF pair is trading at fresh weekly lows today after hitting resistance at the start of the trading week (Monday). This upside resistance came in the swing zone between 0.9044 and 0.90565. The subsequent move to the downside tried to find support against its 100-day moving average mid-week but…

  • June sales drop 47% but there are more buyers and sellers

    The non-fungible token (NFT) market has seen a significant decline in activity over the past month, with significant declines across various metrics. According to Crypto Slam Data: Global NFT sales volume reached $476.3 million in June, registering a 47.22% decline. The number of NFT buyers has risen to 1.259 million…

  • June sales drop 47% but there are more buyers and sellers

    The non-fungible token (NFT) market has seen a significant decline in activity over the past month, with significant declines across various metrics. According to Crypto Slam Data: Global NFT sales volume reached $476.3 million in June, registering a 47.22% decline. The number of NFT buyers has risen to 1.259 million…

  • AUDUSD buyers & sellers had their shot at breaking this week. Both shot and missed.

    AUDUSD started the week by testing the bottom of the swing zone (going back to early May) near 0.6579 and also the 38.2% retracement of the upward move from the April 2024 low to the May high near the same level. Sellers pushed the price below this level early on…

  • EURUSD sellers make a play on a move below the 100 hour MA. Can the 200 hour MA be broken?

    EUR/USD fell after stronger than expected ISM non-manufacturing data. After holding support against the 100 hourly moving average at 1.08627, sellers have now pushed the price below this moving average. The 200 hourly moving average is now the next target at 1.08535. The 50% move up from the end of…

  • EURUSD sellers push the pair down to the 100/200 hour converged MAs. Stalls the fall.

    EUR/USD rose yesterday until it reached its 100 and 200 hour moving averages. Sellers took hold of this level and pushed the price lower during the Asian session as buyers came in support against its 100-day moving average (blue line at 1.08074). The price then started to move to the…

  • USDCAD bounces back higher after sellers had their shot and missed after the softer jobs.

    USDCAD bounces back higher after sellers had their shot and missed after the softer jobs.

    The US dollar fell against the Canadian dollar after a weaker than expected US jobs report. That downward movement stopped against the old ceiling area between 1.36049 and 1.36154. The price started to bounce back to the upside. The move to the upside was able to expand back above the…