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Bitcoin May test June lows 29k-20k Support Zone: Elliott Wave Analysis

14 Dec 2021 1 minute read 0 comments FX Empire $0.53

Crypto market was slow over the weekend, so our view remains unchanged.   We are still looking for more weakness after recent sideways and corrective wave structures. If we take a look at Crypto total market cap chart, we are still tracking wav...

Bitcoin Payments: Why and How to Accept BTC on Your Website

12 Dec 2021 3 minute read 1 comment FX Empire $0.37

Over 18,000 businesses already accept Bitcoin payments, enjoying savings up to 80% in transaction costs, higher profit margins, and access to an audience of 300+ million crypto holders. Read our guide and find out how to accept crypto in a few...

Shiba Inu Coin – Move Back to $0.000035 Needed to Avoid Pullback

12 Dec 2021 1 minute read 0 comments FX Empire $0.45

Following Saturday’s relatively modest gain, a move back through to $0.000035 levels would be needed to avoid a day in the deep red.   This is the tech analysis for Shiba Inu Coin. We will be looking at movements from the day prior and today’s su...

ETH, LTC, and XRP – Indicators Suggest Bearish Day ahead

11 Dec 2021 1 minute read 1 comment FX Empire $0.36

Following Friday’s pullback, the majors will need to move through the day’s pivot levels else face another day in the red. This is the technical analysis for Ethereum (ETH), Litecoin (LTC), and Ripple’s XRP. We will be looking at previou...

DASH and BCH Elliott Wave Cycles Point More Downside

11 Dec 2021 1 minute read 1 comment FX Empire $0.44

DSHUSD remains nicely bearish as expected after we noticed a completed bearish triangle in wave B on a daily chart. Well, now that is accelerating even lower, seems like a higher degree wave C is in progress, which should be completed by a five-wave...

ETH Bounces At $4,000 Again, Eyes Return To $4,500

10 Dec 2021 1 minute read 0 comments FX Empire $0.14

The short-term technicals have improved for Ethereum and a move back to weekly highs at $4500 appears on the cards. Ethereum (ETH/USD) continues to find solid support in the $4000 area, as has been the case on so many occasions since the...

DOGE Ranges Below Key Support, on Brink of Further 50% Drop?

9 Dec 2021 2 minute read 1 comment FX Empire $0.26

DOGE has consolidated this week above last Saturday’s lows, but the long-term bear trend remains intact and further selling pressure likely. The last two days have been unusually subdued for Dogecoin (DOGE/USD), as the meme consolidates...

Cardano Bear-Trend Intact, ADA Headed for $1?

9 Dec 2021 2 minute read 2 comments FX Empire $0.64

ADA has been stuck in a bear trend since early November, however, after a recent sell-off, short-term technicals have improved.   Cardano’s cryptocurrency ADA (ADA/USD) has been in a bear-trend since early November, a trend that was reinforced last...

Bitcoin Bulls Fumbled the Ball: Is $90k Still Attainable?

8 Dec 2021 3 minute read 0 comments FX Empire $0.59

The current correction is longer in time and more profound in price than the preferred Elliott Wave Principle count I was tracking and even more than the alternative count displayed in Figure 1 of my previous update.   In my last several up...

What Next for LINK After Weekend Rout?

7 Dec 2021 2 minute read 0 comments FX Empire $0.79

LINK/USD tumbled in line with the broader crypto market crash over the weekend and has since struggled to recover ground. Cryptocurrency markets suffered from a significant blowout over the weekend and Chainlink (LINK/USD) was no excepti...