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Cryptocurrency News & Commentary

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Tue, Jul 9th, 2024
Elliott Wave Live: Can Dollar Weakness Resume, and Cryptos Bounce Back?

The US dollar has seen a significant turn to the downside last week followed by a lower US yields, which can be supportive for Bitcoin and other cryptocurrencies.

Is ETHBTC Pair Turning Bullish?

ETHBTC pair can be turning bullish, as we see strong rebound after a completed corrective decline by Elliott wave theory.

BEAMX Buyers Getting Ready for The Next Extreme Area

BEAMX token is a Confidential Asset issued on top of the Beam blockchain. In today’s article, we’ll dive into the Elliott Wave structure taking place and we’ll explore the potential path based on...

Gold And Bitcoin May Resume Their Uptrend Soon; Can Bitcoin Catch Up Gold?

Gold And Bitcoin May Resume Their Uptrend soon, as we see them finishing a corrective consolidation by Elliott wave theory.

Bitcoin Is Still In A Corrective Phase

Bitcoin Is Still In A Corrective Phase from technical point of view and from Elliott wave perspective.

Bitcoin Price: Is This the Beginning of a Bear Market, Or Are We Just In A Bullishly Choppy Phase?

Since the Bitcoin halving event, Bitcoin traders have been regularly scratching their heads about the future direction of the so-called digital gold. Over the past few days, the bitcoin price has experienced...

Gold to Rebound, but Then…

Gold is likely to rally this week (it's already underway), but what's likely next can surprise you.

Bitcoin Cash Is Coming Lower Out Of A Triangle As Expected

Bitcoin Cash Is Coming Lower Out Of A Triangle, which indicates for the final leg before a reversal from technical and Elliott wave perspective.

99Bitcoins Hits $2 Million In Presale, While PlayDoge Nears $5 Million

With news this week that both 99Bitcoins and PlayDoge have achieved significant milestones in their presales, there might be a shift in investor focus towards these new cryptocurrencies.

AIOZ Network Looking to End A corrective Decline

AIOZ is an Ethereum token that powers Aioz Network, a (dCDN) Layer 1 blockchain: Decentralized Content Delivery Network . It powers AI computation, data storage, and seamless media streaming for decentralized...

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McDonald's $MCD closes at lowest price since October 2022 https://t.co/s3RmGwbn4c
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Tesla $TSLA hits most overbought level since June 2023 https://t.co/dlFkQFQGl2
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Arabica Coffee (i.e. the good stuff) is approaching a 13-year high https://t.co/rWUvsByyFd
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Lumber falls to lowest price since January 2023 🚨 https://t.co/D2dzX14NVK
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Equity Put/Call ratio drops to lowest level in 12 months https://t.co/XIcZM7KXIV
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France's New Popular Front party, which secured the most seats in last weekend's election, plans to introduce a 90% tax on those making over 400,000 euros https://t.co/l15RlLADYG
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Walgreens $WBA does it again, a new 27-year low. The stock has now traded red in 10 of the last 11 days. Horrendous! https://t.co/wArNoyVx8z
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Nvidia Insider Trading Alert 🚨 CEO Jensen Huang just sold $30.7 million worth of $NVDA shares bringing his total sales over the last month to just under $250 million. https://t.co/5foSggacui https://t.co/xnphzgKCOV
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Tesla $TSLA, the unstoppable machine, has now posted its 10th consecutive green day, its longest winning streak since June 2023 https://t.co/jXN8nCsG8V

Chart of the Day

National Healthcare Corp (NHC)

The Chart of the Day belongs to the skilled nursing facilities company National HealthCare (NHC) . I found the stock by using Barchart's powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum and having a Trend Seeker buy signal then used...
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