TRENDING:
Oil price
XAU/USD
EUR/USD
GBP/USD
Silver
Sponsored by
Login
|

Elliott Waves on BTC & MATIC continue to diverge [Video]

Elliott Waves on BTC & MATIC continue to diverge [Video]
Stavros TousiosStavros TousiosIndependent Analyst

Bitcoin's post-crash upside is not convincing at all, range and structure-wise, as it remains far from invalidating the bearish progression around 53,320. Matic on the other hand, its structure didn’t look much progressive in the short-to-medium term since out last video, but a running flat correction suggests sentiment remains bullish. Will the $2 support hold, is the question? Watch the video below now for more insights:

Author

Stavros Tousios

Stavros Tousios

Independent Analyst

Stavros is leading the Investment Research Team at a reputable Forex broker. He has been involved in the financial markets since 2014 and in cryptocurrencies trading since 2017.

More from Stavros Tousios
Share:

Editor's Picks

XRP slips near key support as geopolitical tensions re-escalate

XRP slips near key support as geopolitical tensions re-escalate

Ripple (XRP) continues to trim gains on Wednesday, trading around $1.32 at the time of writing. The remittance token came under pressure after a massive 72% rally from $1.00 to $1.70 in August stalled on profit-taking and the need to moderate in search of fresh liquidity.

Crypto Today: Bitcoin, Ethereum, XRP edge lower as renewed US-Iran tensions weigh

Crypto Today: Bitcoin, Ethereum, XRP edge lower as renewed US-Iran tensions weigh

The cryptocurrency market is pulling back broadly on Wednesday as investors adopt a cautious stance, with Bitcoin consolidating near its short-term support at $77,000. Ethereum remains under pressure, slipping toward $2,400. Ripple is also trending lower.

Bitcoin faces pressure as ETF outflows, Fed rate-hike bets weigh

Bitcoin faces pressure as ETF outflows, Fed rate-hike bets weigh

Bitcoin remains under pressure, trading around $77,600 on Wednesday after slipping 1.45% the previous day. Rising energy prices amid fresh US-Iran tensions alongside growing expectations for Fed interest rate hikes could weigh on BTC.

Shiba Inu Price Forecast: Faces downside risks as whale selling rises

Shiba Inu Price Forecast: Faces downside risks as whale selling rises

Shiba Inu (SHIB) trades around $0.00000516 on Wednesday following a rebound of nearly 4% earlier this week. Despite the price recovery, Santiment data shows certain whales offloading SHIB tokens.

Bitcoin: Billions in ETF inflows push BTC toward decisive breakout

Bitcoin: Billions in ETF inflows push BTC toward decisive breakout

Bitcoin (BTC) extends gains so far this week, trading near $80,000 after testing the 50-week Simple Moving Average (SMA) at $81,114 earlier. Strong institutional demand is supporting the rally, with spot BTC Exchange Traded Funds (ETFs) on track to record a second consecutive week of billion-dollar inflows.