The Crypto market usually also has a rough time in September. Bitcoin lost 12.7% in September 2021, 17.4% in 2020, 17.5% in 2018, 21.4% in 2017 and 45.4% in 2015. The main cryptocurrency increased by 13.3% and 3.95% in 2016 and 2019, respectively.
EUR/USD: wave 2 is almost complete
2019-11-11 • Updated
It seems like wave 2 is taking form of a zigzag. So, there’s an impulse in wave [c] of 2. Wave (v) of [c] is likely going to end soon, so there’s an opportunity to have a downward correction in the short term.
As we can see on the one-hour chart, there’s a bullish impulse in wave (v) of [c]. The main intraday target is 7/8 MM Level, which could be a departure point for a bearish correction.
Warren Buffett, the American businessman and philanthropist, has put most of Berkshire Hathaway’s cash in short-term United States Treasury bills since they offer as much as 3.43% in yields.
Ford stock probably isn’t the first thing that comes to your mind when you’re looking for trade ideas…
For those who may be unfamiliar with Price Action trading, the horizontal arrows represent areas where the market structure was broken. As you can see in the scenario above, price broke below the previous low at the two marked instances
Let's start off with a look at the Daily timeframe on Bitcoin. We currently see price reacting to the rally-base-rally demand zone between the 15,600 - 14,300 price area. Price also seems to have found support off the trendline support as marked in the image above. Interestingly, this means the overall bias on BTCUSD is Bullish.
Central Bank Digital Currencies (CBDCs) are virtual national money. The idea of creating such currencies came to the authorities after the success of cryptocurrencies, which also exist only in digital form.