NYSE:RGR tends to perform well in the presence of social unrest and in the face of regulatory restrictions on firearms (reflect upon the Obama years etc). The mainstream narrative of a landslide Biden victory with no election fraud seems to contradict the story playing out in the price action of $RGR. If confidence exists in a Biden victory, traders simply aren't...
After a long triangular consolidation period, IDEX reaches the moment of truth. From here we face either a bullish breakout or we drop like a rock.
Earlier this morning at 06:00 EDT, KRAKEN:XMRXBT bounced off of a flat support line at around 0.00702 XBT driven by a quick reduction in the bitcoin/fiat exchange rate. While the exchange rate of bitcoin to fiat is declining presently, the upcoming halving is still around eight days away (as of this current moment). As such, it is reasonable to expect that...
KRAKEN:WAVESXBT , which has recently been in a conservative upward trend, is moving down to test support for the third time. Given the bigger picture of the general trend, it is expected that WAVES/XBT will deflect upward after testing support. Keep in mind, however, that the cryptocurrency space as a whole is looking rather bearish, and this does have a real...
This morning at about 01:00 EDT, KRAKEN:PAXGXBT made a reasonable jump from about 0.232674 XBT to 0.25 XBT before tapering forward to a point (at which we now find ourselves). While the majority of the crypto-sphere is down this morning (with a few exceptions like KRAKEN:WAVESXBT ) the downward trend of KRAKEN:XBTUSD has been known to liberate altcoins to go...
Beginning on April 8th, 2020 at around 19:30 EDT, KRAKEN:ZECXBT began a major ascent from 0.00510 XBT that crested at 0.00576 XBT. Soon thereafter a selloff occurred which brought us back down to rest just above where the previous jump occurred. But is it just a " dead cat bounce " or is this the bottom of the selloff? We should find out before much longer. As...
After a historic run over the past few days (since April 6th, 2020 @ 09:00 EDT), KRAKEN:LINKXBT may finally be cooling off. Over the course of three days, LINK/XBT rose from around 0.0003345 XBT to a high of 0.00047499 XBT marking a solid 42% gain. Since that highest price point, LINK/XBT has started cooling off noticeably and has drifted lower and currently...