Bitcoin is a decentralized digital currency that can be transferred on the peer-to-peer bitcoin network. Bitcoin transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain.
The SPDR S&P 500 trust is an exchange-traded fund which trades on the NYSE Arca under the symbol. SPDR is an acronym for the Standard & Poor's Depositary Receipts, the former name of the ETF. It is designed to track the S&P 500 stock market index. This fund is the largest and oldest ETF in the world.
The U.S. Dollar Index (USDX, DXY, DX, or, informally, the "Dixie") is an index (or measure) of the value of the United States dollar relative to a basket of foreign currencies, often referred to as a basket of U.S. trade partners' currencies.
Waiting EUR?USD to breakthrough the 50 MA to go long
Stop loss: $1.92 Take Profit: $3.45 Risk/Reward Ratio: 1.45 Price Target: + 35.69%
Long Trade: ADA | Date: 1/1/2022 Stop loss: $1.51 Take Profit: $1.73 Risk/Reward Ratio: 1.19 Price Target: + 16.82%
AVAX is testing critical support levels after completing a bearish move out of a head-shoulders pattern. AVAX is not holding up as well as well as expected during this correction.
BTC is forming a possible bullish "W" pattern with A short-term price target of $51,330. Failure to hold support could result in bearish price action towards the $40,500 price level.
BTC has broken the neckline of a large "W" pattern.
Sol has broken out to the upside. The current RSI level could support an explosive price action.
CRO is breaking out of a bullish continuation pattern. Waiting for a bounce off of the support trend line for the confirmation of a breakout. The price target for this break out is 40%.
Bitcoin is 2/3 of the way through a falling wedge. Break out to the upside could result in a price target of all-new time highs or potentially a breakdown to the $42,000 level.
MANA will break out of a consolidation pattern within the next few days. The upside price target is 37%. Something to watch.
FTM is forming a large symmetrical triangle on the 4-hour chart. The price target for this break out is 62% to the upside or 26% to the downside.
SHIB just broke out of a large symmetrical triangle to the upside. The price target for this breakout is 132%.
AVAX broke out of a large symmetrical triangle to the upside.
Watching ADA to see if it will bounce off the $1.50 level or break down to $1.03.
Watching to see if AVAX will break above the downward resistance for a 32% breakout to the upside.