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XRP/USDT(12H)drop to 0.5/??/This is one of the currencies that I hate, because it has always challenged me AND I also welcome anything that challenges me. In the long run we have a static support area between the price of 0.54 / 0.64 which is very powerful. My view is that the price will probably drop to 0.63/////Existence of purchase demand at this point will be approved But sleeping the price below 0.5 is far from the mind, but seeing these points is not far from the mind. Of course, in the current situation, the whole market has a great impac t on the news Especially the news of the war In general, I do not expect the market to move upwards and this currency in these 15 days ///I mean the valid failure of dynamic resistance
by aliasadii
BTCUSDT Update - First $43000 then $26000?Hello trader, today we will talk about bitcoin Let's start with the fact that we warned about such a decline to 35000, we warned that there would be an impulse price decline and also that only a few guys can and can short this market. You can find these posts in our.... Now our team of analysts is disassembling this tool for one purpose Having analyzed Bitcoin on all timeframes, we assume (this is not financial advice) to open positions against the current of the market (open long positions) Why ? The Internet began to discuss the price drop to 20,000 Yes, this is logical - uh, this is a very likely scenario. But We broke the level of the Head and Shoulders pattern - where the price DON'T returned to the level of 43000 (did not happen) The second factor is that the cluster analysis indicates increased volumes in the delta. (buy) The third is psychology (Most traders and small speculators are already accustomed to falling) and set short stop losses at 1-2% of the entry into their short positions. Thus, the market can grow impulsively due to the same stop losses. The fourth factor is that the price has covered one of the big gap formations (in short, the price gap has been filled) The fifth factor is the narrow channel in which the price is located. The sixth factor is the fear in the market to miss the bottom of the market, everyone wants to buy cheaper. But lost profits will be bought at 43,000 - where the market will be lowered even lower. Given the non-recoiling fall, we expect the release of one good news where the entire market will be raised by several hundred billion dollars Also considering all target CMEs on the exchange our team expects this outcome.
by AzurTrade
UP Fintech Holding (NASDAQ: $TIGR): Strong Choice For 2022 💪UP Fintech Holding Limited provides online brokerage services focusing on Chinese investors. The company has developed a brokerage platform, which allows investor to trade stocks, options, warrants, and other financial instruments that can be accessed through its APP and website. It offers brokerage and value-added services, including investor education, community engagement, and IR platform; and account management services. The company also provides trade execution, margin financing, and securities lending services; asset management and wealth management; ESOP management; fund license application, product design, asset custody, transaction execution, and funding allocation; fund structuring and management; and IPO underwriting services. In addition, it offers market information, community engagement, investor education, and simulated trading services. UP Fintech Holding Limited was founded in 2014 and is based in Beijing, China.
NASDAQ:TIGRLong
by Bullishcharts
BTC Market Review 04.12.2021The first cryptocurrency again spent most of Friday in a narrow range of 56150-57600. After the publication of mixed data on the US labor market, the cue ball made an attempt to grow, but immediately encountered a wave of sales, and the bears quickly returned the price to its previous levels. Then the fall continued and demand was absorbed near the key mark of 53500, and then 52700. In the morning, the cue ball fell below 50,000 and a panic spill began. The minimum is set at 42,000. Almost all altos have lost about a quarter of their value in one day. The next support is in the 40,000-40900 range. Now quotes are around 47600. Market capitalization: $ 2092 billion Dominance Index: 41.5% Fear / Greed Index: 24 American stock indices closed in the red on Friday. The Dow Jones fell 0.17%, the S&P 500 fell 0.84%, the NASDAQ Composite fell 1.92%. The price of WTI oil is now $ 66.16. Gold quotes have grown slightly and now give $ 1,783 per troy ounce. The dollar index is equal to 96.15. The number of new jobs in the US industrial sector in November increased by only 210k, instead of the expected 550k. This is a very significant discrepancy. The hourly wage indicator also fell short of the forecast. However, the unemployment rate turned out to be better than forecasted - 4.2% instead of 4.5%. Immediately after the release of this data, the dollar index fell sharply, and the cue ball jumped to 57600, but then everything turned in the opposite direction. Market participants believed that this data is not so bad as to influence the plans of the head of the Federal Reserve to reduce stimulus at a faster pace than previously thought. Despite the fact that prior to the appearance of the first substantiated forecasts on the degree of influence of the new strain of the coronavirus Omicron on the global economy in general and the pace of stimulation curtailment in the United States in particular, all technically significant support levels up to 40,900 have been broken. My tanks are full of BTC because I redeem such straits as El Salvador does, which today bought another 150 BTC at a rate of $ 48670. (Not a financial advice) Forecast for today: Judging by the development of the situation at the moment, the minimum has already been set and we will not go lower in the near future. Panic is a poorly predictable thing, since it is based not on logic, but on emotions. It is impossible to exclude further attempts to approach the key support zone of 40,000-40900 at the moment. The lows were quickly bought off as prices became very attractive. It is likely that the entire panic impulse will be bought out and the price will return above 50,000 in the near future. ----------------------------------------------------------------------------------------------------------------------------------------------- RISK WARNING Trading involves substantial risk and is not for every investor. Risk capital is money that can be lost without jeopardizing ones’ financial security or lifestyle. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.
BITSTAMP:BTCUSDLong
by MoneyButton