Bitcoin (BTC) has been trading in a narrow range of around $63,100 for the past week, despite increasing transfer volumes and panic selling from smaller investors. This selling pressure has driven the average daily trading transfer volume up from...
On Saturday, ETH/USD experienced a slight gain of 0.59%, reaching approximately $2,470. This increase occurred even as Glassnode reported a drop in Ethereum's market cap dominance relative to Bitcoin. Despite the overall negative trend in Ethereum...
BIG RESISTANCE AT FOREX MARKET _Big Resistance at Forex Market: Understanding and Trading_ _Introduction_ Big resistance levels are critical price zones that act as barriers to further price movement in the Forex market. Understanding and trading...
EUR/USD technical analysis Currently, EURUSD is trading at 1.0935. Since the morning, the price has shown a joyous sluggish moment, and we tested the daily SMA-50 at 1.0955. Prices are moving downward as the SMAs of 150, 200, and 50 fail, but buyers...
The 50% Fibonacci retracement level is a widely used but technically unofficial Fibonacci level in trading. While the official Fibonacci retracement levels are derived from the Fibonacci sequence (23.6%, 38.2%, 61.8%, 78.6%, etc.), the 50% level is...
