Bitcoin price chart shows 'Elon Musk' pump was an outlier — So what happens now? By Cointelegraph - Investing.com
Bitcoin price chart shows 'Elon Musk' pump was an outlier — So what happens now? By Cointelegraph - Investing.com |
- Bitcoin price chart shows 'Elon Musk' pump was an outlier — So what happens now? By Cointelegraph - Investing.com
- (Video) Weekly Market Forecast for EURUSD, GBPUSD, AUDUSD, XAGUSD, ETHUSD (February 1 - 5, 2021) - Daily Price Action
- On Technical Charts, Bitcoin Really Is an Asset Like No Other - ForexTV.com
| Posted: 30 Jan 2021 10:20 AM PST  Bitcoin price chart shows 'Elon Musk' pump was an outlier — So what happens now?(BTC) has seen a very volatile week, as the price of Bitcoin jumped around from $32,000 to $38,500 and back toward $33,000 in a matter of 24 hours. The initial spike to $38,500 happened in minutes after Elon Musk added #Bitcoin to his Twitter profile. Continue Reading on Coin Telegraph Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data. Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.  Posted: 29 Jan 2021 12:00 AM PST In this weekly market forecast, I'm going to show you exactly how I'm trading EURUSD, GBPUSD, AUDUSD, XAGUSD, and ETHUSD through February 5, 2021. Watch the video below, and be sure to scroll down to see the charts and key levels for the week ahead.
EURUSD TechnicalsThe EURUSD still looks indecisive after testing 1.2330 resistance. However, the uptrend that began last May is intact, which means buyers are in control for now. Get FREE Access to Daily Price Action When You Open and Fund an Account With Blueberry Markets! That's the case as long as EURUSD is above 1.2000. Bullish price action from there could re-target 1.2330, and perhaps 1.2500. Alternatively, a close below 1.2000 would suggest weakness. Disclosure: The author of this article has a EURUSD long position. Want Me To Help You Become A Better Forex Trader? Get a Lifetime Membership Today and receive exclusive member-only content including one to two new videos every day. Save 40% in January!
GBPUSD TechnicalsGBPUSD continues to move sideways between 1.3480 support and 1.3700 resistance. It's been a pretty uneventful pairing of late. The pound has also been choppy against the USD. I haven't traded it for that reason alone. Buyers need to secure a weekly close above the 1.3700 area to expose higher levels, including 1.4350. Alternatively, a close below 1.3480 would suggest weakness.
AUDUSD TechnicalsThe AUDUSD has been choppy between 0.7630 and 0.7815. However, like the EURUSD, the uptrend is intact. Additionally, the recent consolidation may be carving a bull flag pattern. It's too soon to tell, but if this is a bullish continuation pattern, I'd expect AUDUSD buyers to defend the 0.7580 area. Key resistance comes in at 0.7740 and 0.7815. A daily close above both of those would expose 0.7925. Want FREE Lifetime Access to the Daily Price Action Member's Area? GET ACCESS Today!
XAGUSD TechnicalsI wrote about silver (XAGUSD) on Friday. As I mentioned then, silver looks ready to break higher, but only if buyers can clear the $27.60 area. Key resistance above that comes in at $30, followed by $35. Support for the week ahead is $26, followed by $24.50.
ETHUSD TechnicalsEthereum (ETH) is a cryptocurrency I've been discussing and buying since last June when it was $243. Fast forward to today, and ETH is trading just below its all-time high of $1,440. Needless to say, ETH has performed incredibly well. And I don't think it's anywhere close to done. Once ETHUSD closes above $1,440, the crypto is in price discovery. That's when we could see $2,000, $3,000, and perhaps even higher in a matter of weeks. But first, ETH bulls need to secure a daily close (at minimum) above $1,440. Disclosure: The author of this article owns Ethereum (ETH). Want Me To Help You Become A Better Forex Trader? Get a Lifetime Membership Today and receive exclusive member-only content including one to two new videos every day. Save 40% in January!
 On Technical Charts, Bitcoin Really Is an Asset Like No Other - ForexTV.com Posted: 11 Jan 2021 12:00 AM PST This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience. 
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