After a brief downward movement starting from 218, there is an evident inverse head and shoulder pattern visible. Two shoulders at 180 range and head at 170 range. Potential upside is there for this stock and this can be predicted to cross 200 in the near future.
NOTE: This is only for educational purposes and do not constitute specific financial, trading or...
BTCUSD has started its downtrend from 60Ks from the first week of May, driven by various factors including tweets, crypto ban speculations, crypto mining energy concerns etc.
There is a strong bearish momentum and the price is trading below the current moving average. MACD also supports the downward momentum.
This sell off is forecasted to accelerate till...