823 Articles 3 Followers
7 Dec 2021 1 minute read 1 comment FX Empire
Crypto market is coming lower as we have been warning for a long time. And, with recent sharp decline and broken channel support line on Crypto total market cap chart, there’s a chance for more weakness within a five-wave cycle, but only...
6 Dec 2021 1 minute read 1 comment FX Empire
It’s been a choppy morning, with Bitcoin testing support levels early. A move back through to $50,000 would support a run at $52,000 levels. Bitcoin’s Morning Session At the time of writing, Bitcoin, was down by 1.44% to $48,762. A mixed sta...
5 Dec 2021 2 minute read 2 comments FX Empire
A change of character bar was observed on Black Friday, 26 Nov in S&P 500, Russell 2000 and Dow Jones, which essentially stopped the uptrend since 13 Oct. After the Black Friday selloff, there was increasing of supply last week to push t...
5 Dec 2021 1 minute read 0 comments FX Empire
A week after Black Friday a day of the year known for retail sales throughout American business’s we have another chance to get pricing discounts the likes of which may not be seen for the rest of 2021 and it’s in the crypto markets. Today the...
4 Dec 2021 1 minute read 0 comments FX Empire
The S&P 500 has had a tough week, initially trying to rally but gave back all of the gains to show a less than impressive candlestick for the week. The S&P 500 initially tried to rally during the course of the trading week but gave back the gains as...
3 Dec 2021 1 minute read 0 comments FX Empire
The 200-period simple moving average is also acting as a critical tough nut to crack for XRP buyers. XRP coin keeps extending the recovery from the lows of the end of November at $0.90 and now exchanges hands at $0.97. However, like other...
3 Dec 2021 1 minute read 1 comment FX Empire
We finally have enough data to look at detailed CME Bitcoin futures on a monthly timeframe. A clear cycle has emerged, possibly not on the scale of a supercycle but the current cycle at the very least. Luckily with spot market data going...
2 Dec 2021 2 minute read 2 comments FX Empire
As long as Black Friday’s low of $3925 holds, Ethereum can target $5500-6400. Two weeks ago, see here; using the Elliott Wave Principle (EWP), I was looking for Ethereum (ETH) “to bottom around $3800+/-200 before staging its next rally.”...
2 Dec 2021 2 minute read 0 comments FX Empire
Bitcoin price is facing a major hurdle near $58,500, while ether price could aim a new all-time high. SOL gained momentum and it might extend gains towards $250. Bitcoin price is facing a major hurdle near $58,500, while ether price coul...
1 Dec 2021 1 minute read 0 comments FX Empire
BNB Coin remains unstoppable on its bullish construction above the 200-period simple moving average at the H4 chart. Binance Coin (BNB) has been trapped in a stagnation phase across the board above the $600 handle, while the 200-period s...
