Bitcoin Retests $32,000, Why A Dips Still Remains Attractive For The Short Term
Bitcoin started a new rally and surpassed $31,000 against the US Dollar. BTC could correct gains but dips could remain well supported above $30,800. Key takeaways Bitcoin is gaining pace above the $30,500 and $31,000 resistance levels. The price is now trading above the $31,000 level and the 100 hourly simple moving average. There is […]
Polkadot Is Up More Than 4%, What Are The Technical Indicators Saying?
Polkadot has gained some momentum on its chart. Over the past 24 hours, the coin is up more than 4%. Last week, the altcoin didn’t see much price action. The altcoin painted a bullish picture today, with the technical outlook suggesting a change in price action. The coin has largely recovered its lost value while […]
Ethereum Tests The $2,000 Mark, Why ETH Could Extend Bull Run
Ethereum gained pace above the $1,940 resistance zone against the US Dollar. ETH even surged above $2,000 and could extend gains in the short-term. Key takeaways Ethereum started a rally above the $1,920 and $1,940 levels. The price is now trading above $1,920 and the 100 hourly simple moving average. There is a connecting uptrend […]
Bitcoin Hits $30,000, Is The Coin On The Way To Recovery?
Bitcoin was trading at $30,000 at the time of writing. The coin held its resistance at $28,000 as the bears came to the rescue. For the past 24 hours, Bitcoin has attempted to break out of its consolidation. For the consolidation to be invalid, it must trade above the $31,000 price level. As usual, sideways […]
Beginner’s Guide To Crypto Spot Trading On Binance
Spot trading involves the direct purchase or sale of financial instruments and assets such as cryptocurrencies, forex, stocks, or bonds. The delivery of the asset is usually immediate. Spot trading takes place on spot markets, which are either on-exchange or over-the-counter (directly between traders). When trading on cash markets, you can only use assets that […]