Hello, fellow traders. In this technical article, we’ll take a quick look at the Elliott Wave charts for the EURGBP forex pair, published in the members’ area of the website. As our members know, EURGBP is showing incomplete bearish sequences, suggesting further decline. The pair recently gave us a bounce in a 3-wave pattern, with…
Categoria: Uncategorized
Uranium Miners ETF (URA) Correction Should Find Support
The Global X Uranium ETF (URA) is an exchange-traded fund (ETF) that seeks to provide investment results that correspond generally to the price and yield performance of the Solactive Global Uranium & Nuclear Components Total Return Index. In this article, we will look at the long term technical outlook using Elliott Wave method. $URA Elliott…
IONQ Soon Should Be Entering Into Wave IV pullback
IONQ, Inc. develops and manufactures quantum computers. The firm specializes in quantum computing and quantum information processing. The company was founded by Christopher Monroe and Jung Sang Kim in 2015 and is headquartered in College Park, MD. In this blog we are going to take a look at the technical analysis for IONQ ticker symbol:…
Top 104 Ethereum Whales Now Control 57% of All ETH, New High in Whale Dominance
Ethereum’s largest whale wallets now hold 57% of the total Ether (ETH) supply, marking an all-time high for whale dominance in the Ethereum ecosystem. According to blockchain analytics platform Santiment, the top 104 whale wallets, each holding over 100,000 ETH, collectively control around $333 billion worth of Ether. The accumulation trend among these large holders…
Analysts Eye $160K Bitcoin as Global Monetary Policies Ease: Could a ‘Santa Rally’ be the Trigger?
The U.S. Fed rate cuts have bolstered bullish end-of-year projections for Bitcoin, with analysts eyeing a Bitcoin Santa rally poised to send the asset to a $160K valuation. Most recently, on December 12th, the European Central Bank (ECB) lowered its key interest rates by 25 basis points to 3% in an effort to increase investment…
ETH ETFs Gain Momentum, BlackRock Sees Inflows of $30.7M
On Monday, Ethereum spot exchange-traded funds (ETFs) experienced momentum, recording a total net inflow of $51 million, according to data from Sosovalue. This marked the 16th consecutive day of net inflows, showing increased investor interest in Ethereum-based investment products. BlackRock’s Ethereum spot ETF trading under the ticker “ETHA” led the pack with the largest single-day…
Broadcom (AVGO) Favors Bullish Sequence Towards $273
Broadcom Inc., (AVGO) designs, develops & supplies various semiconductor devices with focus on complex digital & mixed signal complementary metal oxide semiconductor. The company operates in two segments, Semiconductor Solutions & Infrastructure Software. It is based in Palo Alto, CA, comes under Technology Sector & trades as “AVGO” ticker at Nasdaq. AVGO is trading at…
Mt. Gox Transfers $172M Bitcoin as Market Hits ATH
The now-defunct crypto exchange Mt. Gox moved $172.54 million Bitcoin to an unknown wallet as the market continues to gain momentum. Data from Arkham Intelligence shows the account transferred 1,619.6 Bitcoin earlier today. The transfer coincided with Bitcoin’s unprecedented surge past the $106,000 mark, a historic milestone for the cryptocurrency. Source: Arkham Intelligence The Mt….
LastPass Hackers Drain $5.36M From Over 40 Addresses: ZachXBT
LastPass threat actors have allegedly stolen $5.36 million from more than 40 victim addresses, blockchain sleuth ZachXBT reported. The stolen funds were swapped for Ethereum (ETH) and transferred to various instant exchanges from Ethereum to Bitcoin (BTC), ZachXBT wrote on Telegram. The LastPass security breach originated in December 2022, when attackers stole vast data, including…
Elliott Wave View: DAX Pullback Should Find Buyers
Short Term Elliott Wave View in DAX suggests cycle from 8.5.2024 low is in progress as a 5 waves impulse structure. Up from 8.5.2024 low, wave 1 ended at 19674.68 and pullback in wave 2 ended at 18812.53. Index has resumed higher in wave 3. Up from wave 2, wave ((i)) ended at 19198.74 and…