An introduction to Rick Ackerman's Hidden Pivot Method, a form of technical analysis for predicting price movements of stocks, indexes and commodities.
Author
Rick Ackerman
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Barron’s once labeled Rick Ackerman an “intrepid trader” in a headline that alluded to his key role in solving a notorious pill-tampering case.
Ripple edges higher, trading around $1.54 at the time of writing on Friday as bullish pressure intensifies across the crypto market. This recovery from weekly lows of $1.47 underscores growing appetite for crypto assets and the shift in market sentiment.
Dogecoin is up 3% on Friday, hovering above $0.097, with bulls aiming for a breakout above $0.10. DOGE futures Open Interest rises 4% over the past 24 hours, pointing to increased position buildup.
Cryptocurrency prices are broadly recovering on Friday, led by Bitcoin moving above $86,000. Ethereum has reaffirmed its bullish outlook, rising above $2,700 while the immediate area at $2,800 caps upside. Meanwhile, Ripple hovers near $1.54.
Bitcoin (BTC) extends its gains, trading near $86,000 at the time of writing on Friday after closing September 6.33% up, reversing its seasonal weakness. Historical data suggest October could be a strong month for BTC, especially after a positive September.
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