GDX Elliott Wave View: Showing Corrective Bounce
Short term Elliott wave view in GDX suggests that it is doing a recovery from March 03, 2021 low in a corrective structure. The internals of that bounce is unfolding… Read more »
Tag: Bounce
Massive Coinbase Outflows Suggest Bitcoin Price Is Ready To Bounce
Bitcoin price is reeling from a strong rejection from above $60,000 that has sent the leading cryptocurrency by market cap tumbling back down by more than $10,000 per coin. However,… Read more »
The Elon Musk bounce in bitcoin evaporates
Bitcoin at the lows of the day Bitcoin is down 2% at $53,335 after rising as high as $57,209 on Elon Musk announcing Tesla will accept bitcoin. That’s not exactly… Read more »
AUD/USD Possible Breakout After Bounce Today
Bullish is currently at 0.7741 after a bounce on a significant support and a break of slope resistance. We are looking for a move to the ATR Target at the… Read more »
Weak but Bounce Risk Rising
USD/CAD Technical Outlook USD/CAD stuck in a pervasive downtrend There is support running nearby that could induce a bounce USD/CAD Technical Overview: Weak but Bounce Risk Rising Just yesterday USD/CAD… Read more »
Bounce up Increases Speculative Ability and Danger
Cardano has jumped higher in the past day by over twenty percent in value and, intriguingly, this has occurred when other cryptocurrencies have been relatively quiet. Advertisement ADA/USD has produced… Read more »
Gold Price Forecast: Bounce Remains Unconvincing Ahead of Fed
Gold Price Outlook: Global bond yields are off their yearly highs, which have given gold prices a reason to trade higher in recent days. However, the inflation/reflation thematic back-and-forth takes… Read more »
Digital Silver: Why Litecoin Is Poised To Bounce Versus Bitcoin
Litecoin has had a brutal “bull market” if you can even call it that for the once popular cryptocurrency built on Bitcoin’s code. However, that all might soon turn around,… Read more »
Gold gets a reality check as the bounce this week begins to fizzle
Gold down 0.7% to $1,709 as the dollar comes back into favour As much as gold has shown some poise in recovering earlier this week, the recovery momentum is fizzling… Read more »
TA: Bitcoin Dips $2K, Why BTC Could Bounce Back From $45K
Bitcoin price extended its upward move towards $49,700 before correcting lower against the US Dollar. BTC dipped more than $2,000, but it is likely to remain stable above $45,000. Bitcoin… Read more »