Prolific fintech investor and QED Investors co-founder Frank Rotman said Friday that he will transition to a partner emeritus role by year’s end to focus on founding his own startups. But those startups won’t necessarily be financial technology companies. In a post on X, Rotman — who helped start QED in 2007 — declared that […]
March is nearly over, and what better way to spend the final days of the month than curled up at home and playing video games? Welcome to Kotaku’s weekend guide, where we give you a few suggestions of cool games you can play right now if you’re avoiding your backlog or just want to add another game to the pile. You’ve…Read more...
The analysis for ETHUSDT on the 4-hour timeframe indicates significant bearish pressure as the price approaches a well-defined support zone, where a potential bullish reversal reaction from buyers can be anticipated. Scenarios include either a bounce from the support level with subsequent growth towards the upper resistance zone or a breakdown below, which could signal further trend weakening.
- AMD reversed from pivotal resistance level 115.00 - Likely to fall to support level 100.00 AMD recently reversed down from the pivotal resistance level 115.00 (former support from January, acting as the resistance after it was broken in February) standing near the upper daily Bollinger Band and the 61.8% Fibonacci correction of the downward impulse from January. The downward reversal from the resistance level 115.00 created the daily Japanese candlesticks reversal pattern Evening Star. Given the predominant downtrend, AMD can be expected to fall to the next round support level 100.00 (former support from February).
- Google broke key support level 160.00 - Likely to fall to support level 147.30 Google recently broke the key support level 160.00 (which has been reversing the price from September, as can be seen from the daily Google chart below). The breakout of the support level 160.00 accelerated the active impulse waves iii and 1 – both of which belong to the extended downward impulse wave (1) from last month. Google can be expected to fall to the next support level 147.30 (a former multi-month low from last September).
- Gold broke resistance level 3050.00 - Likely to rise to resistance level 3100.00 Gold rising steadily after breaking above the key resistance level 3050.00 (which reversed the price earlier this month). The breakout of the resistance level 3050.00 accelerated the active impulse wave 5 of the higher impulse wave (3) from November. Given the clear daily uptrend, Gold can be expected to rise to the next resistance level 3100.00 (target for the completion of the active impulse wave (3)).
Bitcoin just tapped into a strong demand zone (highlighted in orange) after a sharp drop, and we’re seeing early signs of a potential bounce! ?? ? Key Levels to Watch: ? Support Zone: $83,900 - $84,000 (Strong buy area) ? Breakout Target: $85,994 (Key resistance) ? Supply Zone Above: $88,000 (Profit-taking area) If buyers step in, we could see a push towards $85,994 before testing the major supply zone at $88,000. A clean break above $86K could trigger a strong bullish continuation! ? Trading Plan: ✅ Long from demand zone with stops below $83,500 ✅ First target: $85,994 ? ✅ Final target: $88,000 ? ⚠️ Stay cautious! If price fails to hold above $83,900, a deeper drop may be in play. ? Will Bitcoin bounce or break down further? Drop your thoughts below! ??
- Ethereum reversed from the resistance level 2120.00 - Likely to fall to support level 1800.00 Ethereum cryptocurrency recently reversed down from the resistance level 2120.00 (former multi-month support from August and February) standing near the 38.2% Fibonacci correction of the downward impulse from February. The downward reversal from the resistance level 2120.00 stopped the previous ABC correction ii. Given the strong daily downtrend, Ethereum cryptocurrency can be expected to fall to the next support level 1800.00 (which stopped the previous impulse wave i).
Bitcoin ( CRYPTO:BTCUSD ) creates textbook market stucture: https://www.tradingview.com/x/9Kg4oXrF/ Click chart above to see the detailed analysis?? The entire stock market is selling off significantly but Bitcoin and most cryptocurrencies are still holding their strong levels. This is clearly a sign of bullish strength and even if we see a retest of the previous all time high, the overall uptrend remains perfectly valid over the next months. Levels to watch: $70.000 Keep your long term vision, Philip (BasicTrading)
Trade Plan: ? Sell Entry: 162.190 ? Stop Loss: 163.459 (Above recent highs) ? Take Profit: 156.301 (Targeting key support level) ? Price is rejecting resistance and showing possible weakness. ? Volume is increasing, indicating strong participation. ? If price fails to break higher, a drop to the target zone is likely.