Category: Zone
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Bitcoin Officially In Overheated MVRV Zone, Rally End Near?
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On-chain data shows that Bitcoin has recently surpassed the Market Value to Realized Value (MVRV) ratio level that has historically indicated overheated conditions. Bitcoin has crossed the highest MVRV deviation pricing range In its latest weekly report, the analytics company weighed in on the series Vitreous node We discussed what…
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Bitcoin Officially In Overheated MVRV Zone, Rally End Near?
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On-chain data shows that Bitcoin has recently surpassed the Market Value to Realized Value (MVRV) ratio level that has historically indicated overheated conditions. Bitcoin has crossed the highest MVRV deviation pricing range In its latest weekly report, the analytics company weighed in on the series Vitreous node We discussed what…
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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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Volunteers bring solar power to Hurricane Helene’s disaster zone
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Breadcrumb links PMN BMN Business Article writer: Associated Press Gabriela Aoun Angera Posted on October 13, 2024 • 4 minutes read You can save this article by registering for free here. Or log in if you have an account. Article content BAKERSVILLE, N.C. (AP) — Nearly two weeks after Hurricane…
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Chart Art: Potential Correction Zone on GBP/CAD
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Did you miss the GBP/CAD bullish breakout opportunity? It is best to keep your eyes on this area of interest in case a retest occurs and the trend resumes. Take a look at these turning points that I am watching on the 4-hour time frame: GBP/CAD currency pair on 4-hour…
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Chart Art: USD/CHF’s Triangle Resistance Zone
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The US dollar is struggling to extend its advance above the key resistance area. Will the pair continue its downward trend that has been ongoing for months? Or will this week’s events force the dollar higher? USD/CHF currency pair over 4 hours Chart by TradingView As you can see, the…
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Chart Art: USD/CHF’s Triangle Resistance Zone
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The US dollar is struggling to extend its advance above the key resistance area. Will the pair continue its downward trend that has been ongoing for months? Or will this week’s events force the dollar higher? USD/CHF currency pair over 4 hours Chart by TradingView As you can see, the…
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Bitcoin In ‘Neutral’ Zone: What This Means, According To Analyst
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Bitcoin, the leading cryptocurrency and the largest digital asset, is currently trading at $58,877 after a somewhat negligible price action in the last day. According to Data from CoinMarketCapThe leading cryptocurrency saw more declines than increases in August, resulting in a decline of 8.46% over the month. As September begins,…
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Bitcoin In ‘Neutral’ Zone: What This Means, According To Analyst
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Bitcoin, the leading cryptocurrency and the largest digital asset, is currently trading at $58,877 after a somewhat negligible price action in the last day. According to Data from CoinMarketCapThe leading cryptocurrency saw more declines than increases in August, resulting in a decline of 8.46% over the month. As September begins,…
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Euro and pound hold near 13-month highs, euro zone data in focus By Reuters
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By Kevin Buckland and Alun John TOKYO/LONDON (Reuters) – The euro held near its highest in more than a year against the dollar on Thursday after strong euro zone business activity data and ahead of euro zone wage figures that will shape the European Central Bank’s interest rate path. The…
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Chart Art: Bitcoin (BTC/USD) Retracing to Former Support Zone
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Did you miss the Bitcoin double top breakout? The price recently fell through the neckline of this reversal pattern, indicating that a long-term slide is in progress. The BTC/USD pair looks set for a quick retest of the area of interest, so keep your eyes peeled in case the trend…
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Hang Tight! Robert Kiyosaki Says Bitcoin Is Taking Off Into The Banana Zone
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In advice to his wide range of followers, Robert Kiyosaki, the famous financial guru and author, said, urge Investors should hang in as Bitcoin prepares for what he described as a trip into “banana territory.” This phrase refers to the sharp and sudden rise in the price of Bitcoin, which…
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Hang Tight! Robert Kiyosaki Says Bitcoin Is Taking Off Into The Banana Zone
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In advice to his wide range of followers, Robert Kiyosaki, the famous financial guru and author, said, urge Investors should hang in as Bitcoin prepares for what he described as a trip into “banana territory.” This phrase refers to the sharp and sudden rise in the price of Bitcoin, which…
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Bitcoin Price Reaches Rejection Zone: Can It Overcome the Resistance?
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Bitcoin price has recovered above the $62,000 resistance area. BTC must clear the $62,500 resistance area to continue higher in the near term. Bitcoin started a recovery wave above the $61,500 and $62,000 levels. The price is trading below the $63,000 level and the 100 hourly simple moving average. There…
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USD/JPY is on the highway to the danger zone
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USD/JPY bulls are playing with fire. The pair rose for the seventh straight day after the surprisingly strong US Services Purchasing Managers’ Index (PMI) was released. A reading of 55.1 is the highest level in 26 months and well above the consensus of 53.7. The report sparked widespread US dollar…
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Analyst Pinpoints Critical Support Zone For Bitcoin
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according to Data from CoinMarketCapBitcoin has had an unimpressive week with its market price falling by 4.65% over the past seven days. However, prominent cryptocurrency analyst Ali Martinez issued a price alert indicating that the market leader could suffer further losses if it fails to secure a certain support area.…
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Analyst Pinpoints Critical Support Zone For Bitcoin
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according to Data from CoinMarketCapBitcoin has had an unimpressive week with its market price falling by 4.65% over the past seven days. However, prominent cryptocurrency analyst Ali Martinez issued a price alert indicating that the market leader could suffer further losses if it fails to secure a certain support area.…
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Chart Art: GBP/CHF Bullish Trend Pullback Zone
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The British pound pair broke the resistance level at 1.1450 but is now stopping near 1.1650. Is it time for a big correction? Take a look at the area of interest I am watching on the 4 hour time frame. GBP/CHF Forex 4 Hours Chart by TradingView Did you miss…
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Market Expert Says Bitcoin Price Has Officially Left The Danger Zone, Can Price Strike $100,000?
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Cryptocurrency analyst Rekt Capital It was recently suggested that the worst may be over for Bitcoin. If so, the flagship cryptocurrency could be poised for a move to the upside, rising to AS Up to $100,000which is what some other cryptocurrency analysts expected. Bitcoin is out of the “danger zone”…