TRADING ANALYSIS OF BITCOIN The situation in the bitcoin market appears to be back under the control of sellers who are trying to encourage the price of bitcoin to move down. What I gathered from the situation of the bitcoin market in the H4...
Negative traders, often known as short sellers, have found a favorable environment due to the recent failure to maintain momentum above the 50-day Simple Moving Average (SMA) and the subsequent decline. The 50-day SMA is a widely observed technical...
USD/ JPY /H4 Let's talk about how the USD/ JPY currency pair's price has been behaving and what analysis can be drawn from it. The buyer's strength is reflected in the linear regression channel on the H4 chart, which is trending upward. The steeper...
The GBP/USD currency pair is currently exhibiting a triangle pattern on its hourly chart. This technical formation is characterized by converging trend lines that depict a narrowing trading range. The pair has been fluctuating within this triangular...
The NZDUSD currency pair has been experiencing a process of profit-taking for the second consecutive day. Yesterday, the influx of sellers' orders managed to bring the price back to the day's opening level. However, today, at least before the...