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Bollinger Bands creator John Bollinger recently tweeted that Ether looked to be in a good spot to be added to his existing long positions. The Purpose Bitcoin exchange-traded fund also witnessed its third-largest inflow on Feb. This suggests that traders may have started accumulating Bitcoin at lower levels. Even though crypto are reeling under a bear phase, investor interest remains strong.



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First Mover Asia: Bitcoin Is Flat in Muted Trading; Ether Declines


Bollinger Bands creator John Bollinger recently tweeted that Ether appears to be in a good position to be added to his existing long positions. Exchange-traded fund Purpose Bitcoin also saw its third inflow on Feb.

This suggests that traders may have started accumulating Bitcoin at lower levels. Even though the crypto markets are reeling from a bearish phase, investor interest remains strong. Popular social media platform Stocktwits said it has partnered with FTX. US to launch its crypto trading next quarter. The platform has 5 million monthly active users. This could lead to several new investors starting their crypto investing journey. Does the strong movement of Bitcoin and some altcoins indicate the start of a new uptrend?

Bulls will need to cross this hurdle to signal a possible change in trend. Contrary to this assumption, if the price declines from the current level, it will suggest that the bears continue to sell on the rallies. If the bulls hold the price above the day EMA, the pair could reach the resistance line of the channel. A breakout and close above this resistance will signal a possible trend change. Conversely, if the price is falling from the day EMA, it will suggest that sentiment remains negative and traders are selling on rallies.

This narrow range trading should soon result in a directional move. A break and close above the day EMA will be the first sign that the buyers are back in the reckoning. If the bulls overcome this hurdle, the pair could signal a change in trend. Contrary to this assumption, if the price is falling from the moving averages, it will suggest that traders are selling on rallies. A breakout and close above the channel will signal a possible change in trend.

Alternatively, if the price drops from the resistance line, the pair could continue trading inside the descending channel. A breakout and close above this resistance will be the first sign of a possible trend change. Bulls will need to break through this hurdle to indicate a possible short-term trend change. The pair could then rally to the downtrend line of the channel. This indicates that bulls and bears are not making big bets and are playing it safe. The moving averages are down and the RSI is in negative territory, suggesting that the bears still hold a slight edge.

The weak bounce off strong support and the inability to break above the day EMA indicates a lack of aggressive buying by the bulls. Although the RSI has increased slightly, it is still in negative territory. The moving averages also continue to decline, indicating that the bears are in control.

This suggests that the bears could once again attempt to defend the day EMA with vigor. If successful, the downtrend could resume. This negative view will be invalidated in the short term if the bulls push the price above the day EMA. This indicates that sentiment is improving and traders are buying on minor dips. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.

Every investment and trading move involves risk. You should conduct your own research before making a decision. How could traders benefit? Home Altcoin News. February 4, Share on Facebook Share on Twitter.

Daily performance of the cryptocurrency market. Source: Coin Even though the crypto markets are reeling from a bearish phase, investor interest remains strong. Source: Trading View A break and close above the day EMA will be the first sign that the buyers are back in the reckoning. Source: Trading View The moving averages are down and the RSI is in negative territory, suggesting that the bears still hold a slight edge. Market data is provided by HitBTC exchange.

Share 76 Tweet Related Posts. Altcoin News. Indian couple celebrates blockchain wedding with NFT vows, digital priest February 5, Winter is coming! Here are 5 ways to survive a crypto bear market February 4, These tokens saw the biggest trading volume pumps last week. Legel Information.



Price analysis 2/4: BTC, ETH, BNB, ADA, SOL, XRP, LUNA, DOGE, DOT, AVAX

Bollinger Bands creator John Bollinger recently tweeted that Ether appears to be in a good position to be added to his existing long positions. Exchange-traded fund Purpose Bitcoin also saw its third inflow on Feb. This suggests that traders may have started accumulating Bitcoin at lower levels. Even though the crypto markets are reeling from a bearish phase, investor interest remains strong. Popular social media platform Stocktwits said it has partnered with FTX. US to launch its crypto trading next quarter.

View SafeDot crypto price and chart live, SDOT market cap, hour trading Safedot has a locked LP, RFI rewards system, industry standard security and.

Social-media platform Stocktwits takes cue from brokerages, adds crypto trading

Bollinger Bands creator John Bollinger recently tweeted that Ether appears to be in a good position to be added to his existing long positions. Exchange-traded fund Purpose Bitcoin also saw its third inflow on Feb. This suggests that traders may have started accumulating Bitcoin at lower levels. Even though the crypto markets are reeling from a bearish phase, investor interest remains strong. Popular social media platform Stocktwits said it has partnered with FTX. US to launch its crypto trading next quarter. The platform has 5 million monthly active users. This could lead to several new investors starting their crypto investing journey. Does the strong movement of Bitcoin and some altcoins indicate the start of a new uptrend? Bulls will need to cross this hurdle to signal a possible change in trend.


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Latest Information About Polka Dot Crypto Stock

Gsx stocktwits Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Get 2. The 20 analysts offering month price forecasts for NIO Inc have a median target of It is possible that this date will be updated in the future, once the company announces Investors may trade in the Pre-Market a. The current CoinMarketCap ranking is , with a live market cap of not available. Zobacz najlepsze znaleziska i wpisy z tagiem stocktwits.


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Bollinger Bands creator John Bollinger recently tweeted that Ether seemed to be in a good place to add to his existing long positions. The Purpose Bitcoin exchange-traded fund also witnessed its third largest inflow on Feb. This suggests that traders may have started to accumulate Bitcoin at lower levels. Although crypto markets are teetering on a bearish phase, investor interest remains strong. Popular social media platform Stocktwits said it has partnered with FTX.

Coinbase launched a direct deposit program that will allow users to convert US dollars into crypto with no trading fees. Social media platform StockTwits is.

Polkadot ETH (DOT-ETH)

Bollinger Bands creator John Bollinger recently tweeted that Ether appears to be in a good position to be added to his existing long positions. Exchange-traded fund Purpose Bitcoin also saw its third inflow on Feb. This suggests that traders may have started accumulating Bitcoin at lower levels. Even though the crypto markets are reeling from a bearish phase, investor interest remains strong.


3 Predictions for the Crypto Market in 2022

Coinbase stock today. Subscribe for free and invest smarter today. Impossible Stock News 2 weeks ago. Coinbase Stock: Ready to Outperform. COIN price is down

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The exchange FTX will be providing the infrastructure for trading. Stocktwits, the social-media service for retail investors, is adding live trading as an option for its users within the platform. The first assets Stocktwits users will be able to trade are cryptocurrencies. The platform plans to expand into equities trading later this quarter. Brokerages such as Robinhood Markets Inc. The payment app, Venmo, also gained ground because of its social feeds and emoji.

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