The most popular cryptocurrency in the world has been massively undervalued since late 2021 owing to a number of contributing factors. But upon closer examination, the price action appears to be establishing a massive Head and Shoulders pattern which, if realised, would entail the development of an even bigger downtrend in the long run. Nevertheless, this may also entail bulls with an opportunity to go long [...]

Following a prolonged consolidation within the boundaries of a narrow range, the price action of the EURUSD is finally attempting a major breakout. If proved successful, this could entail the beginning of a new massive uptrend. Both currencies are affected by soaring inflation, with consumer prices in the U.S. topping a four-decade peak and headline inflation in the Eurozone reaching an all-time high. [...]

The price of Ethereum plummeted sharply earlier today following a sweeping selloff in the crypto market. Over the last couple of days, Bitcoin , the benchmark cryptocurrency, fell by over 6 per cent. There are multiple factors contributing to the selloff, with the most significant one being the temporary strengthening of the dollar. The greenback is currently advancing ahead of the release of the December [...]

The price action of Bitcoin, similarly to other prominent assets, has been consolidating around the Holidays owing to diminished trading activity. The cryptocurrency fell from the November peak and is currently threading just below the psychologically significant threshold at $50000.00. The majority of cryptocurrency enthusiasts expect the crypto flagship to resume appreciating shorty as trading activity [...]

The price action of EURUSD is currently establishing a bullish pullback within a broader downtrend, exhibiting a clearly discernible corrective behaviour. The underlying set-up thus entails the possibility of implementing contrarian trading strategies. Market liquidity remains quite subdued due to low trading activity, something that is not at all that surprising during the [...]

The price of Ethereum is due for a bearish correction owing to a combination of contributing factors. Chiefly, the low market liquidity that is observed at the end of each year - the consequence of market seasonality - is owing to diminished trading activity. Historically, this tendency entails probable selloffs of higher-risk assets, such as Ethereum. [...]

The price of Bitcoin managed to recover some of its substantial losses that were incurred last week, though the prevailing bearish pressure is still far from being exhausted. The pullback is currently drawing near the next Fibonacci threshold, though once it reaches it, the broader downtrend would likely continue to head lower. That is why the underlying setup can be utilised by bears looking to implement [...]

The recent downtrend on the EURUSD pair appears to have already bottomed out, as the greenback's rally is temporarily put on a halt. Given this waning bearish sentiment, the underlying setup looks suitable for the implementation of contrarian trading strategies at the new dip. Several crucial factors contribute to the depreciation of the greenback in the short term, the most significant one being the [...]

Investors' fears concerning the new coronavirus variant spur a selloff on higher-risk assets, including Bitcoin and Ethereum. The bearish reversal on ETHUSD is further bolstered by mounting geopolitical tensions and rising inflation concerns. Therefore, the current setup is suitable for the implementation of contrarian trading strategies by bears. [...]

The price of Bitcoin has been consolidating around the psychologically significant threshold of 60000.00 over the last several days, as bearish pressure keeps increasing. Our analysis examines all of the reasons why bears would likely retain control in the near term, and the price would continue to depreciate. Bitcoin's latest rally was mostly owing to heightened investors' optimism. The demand for the [...]