After touching a low of $60k, Bitcoin has now bounced back taking $61k as its new support zone. However, there is a resistance near $73.2k. A move above $73.2k would signal a price rally towards $80k followed by $100k. However, we expect the second target of $100k only to materialize towards the end of the second half (Nov-Dec) of 2024. A move below $61k would...
RSI is strong. MACD in the positive crossover. Three White Soldiers chart pattern in Daily Charts. Crossed a resistance.
The cryptocurrency might cross HKEX:3 now. Reaping benefits from a Shapella upgrade.
Ethereum has broken and sustained above the resistance of $1620. There was a stiff resistance at $1680, which failed to break on Feb 02, 2023, and Feb 04, 2023. It has crossed that level just now, but the chances of a false breakout are high now. Any move above $1685 today will clearly indicate a new uptrend.
The AI race has begun. Google has BARD and ANTHROPIC, while Microsoft has ChatGPT. Further AI Tops Blockchain as a preferred investment sector. Technical analysis, of RSI, and MACD shows SingularityNET, an AI marketplace will cross $1 by FEBRUARY.
RSI is at unsustainable levels of 90. Chances are ripe that there will be retracement. However, the upcoming FED Meet on November 1 and 2 with US Mid Term elections makes more room. If rate hikes are 1% or above, the markets will come crashing down.
Solana may cross $34 and reach $38 if interest rates are hiked by 0.75% or lower. This low rate hike seems to be the probable case because of upcoming mid term elections. The Democrats in the USA are sitting on wafer thin majority in the Senate where out of 100 seats, Republicans own 50, Democrats own 48, the independents who are supporting democrats own 2 seats....
Clear sell signal is seen. But trade with strict stoploss and wait for RBI Policy decision coming today eve.
MACD is above the Trend Line RSI is above 60 in a Bear Market
There is a huge trading opportunity in Cosmos(ATOM) as it crosses 200DMA with RSI above 60 and a positive MACD Crossover. Full Analysis Here:
Cup and Handle Pattern could push prices above $45, which is the 61.8% retracement level. Beyond $45 the next imminent target is $65.
Algorand has crossed above a critical resistance zone of $0.313 on daily charts and is expected to cross $0.37 if the market stays as usual for a week. Visit dasfinance.info for a detailed analysis.
61.8% is a Golden Retracement level, and ETH Classic has recovered much faster than the entire network and is on the cusp of a 61.8% Golden Reversal at $45. ETH Merge is the event that will push ETH Classic above this golden retracement level. Further, all indicators, whether short or long-term, indicate a buy. Read a thorough analysis on dasfinance.info. The...