Cryptocurrencies

Cryptocurrency Elliott Wave Blog!
BTC, ETH, BNB, XRP, ADA, DOT, AAVE, LINK, DOGE, XMR, NEO, THETA, TRX, UNI, VET

February 2023

09Feb

Banking Challenges for the Crypto Industry: Heightened Regulatory Scrutiny Behind Bank's Reluctance to Partner with Digital Asset Companies

TradingLounge Support | 09 Feb, 2023 | Banking, Challenges, Crypto Industry, Regulatory Scrutiny, Digital Asset Companies, Money Transfers, Binance, Reluctance, Financial Institutions, Wire Transfers, Risk, Warnings | 0 Comments |

The crypto industry faces a significant challenge in finding banking partners to facilitate money transfers for buying and selling digital assets. As regulatory bodies increase warnings to banks about the risks associated with doing business with crypto firms, the number of banks willing to process wire transfers for the crypto industry has declined. Binance, the world's largest crypto exchange, recently announced a temporary halt of US dollar deposits and withdrawals through bank accounts, ...

08Feb

DOTUSD Elliott Wave Technical Analysis February 09 2023

Kittiampon Samboonsod | 08 Feb, 2023 | 0 Comments |

Kittiampon Somboonsod's Elliott Wave analysis of Polkadot (DOT, DOTUSD) predicts a correction or trend change as signaled by the fifth wave on the 4-hour chart. It is advised to wait for a correction before entering the trend. The daily chart indicates the end of the downtrend and start of an uptrend with a price rise from 4.2366, but this is only the beginning of the first wave.

07Feb

UNIUSD Elliott Wave Technical Analysis February 08 2023

Kittiampon Samboonsod | 07 Feb, 2023 | 0 Comments |

Kittiampon Somboonsod's Elliott Wave charts and technical analysis predict a strong recovery trend for Uniswap (UNI, UNIUSD) as indicated by the breaking of the MA50 and MA200 levels on the 4-hour chart. Although the price is currently in a retracement phase in wave (2), it is expected to resume its upward trend once this phase is complete. According to the daily chart, the bullish signals of breaking MA50 and MA200 suggest that Uniswap is likely to recover well. Get the latest Uniswap predi...

06Feb

BTCUSD Elliott Wave Technical Analysis February 07 2023

Kittiampon Samboonsod | 06 Feb, 2023 | 0 Comments |

Kittiampon Somboonsod's Elliott Wave charts and technical analysis predict a correction for Bitcoin (BTC, BTCUSD) in the daily chart after reaching the 2.618 wave target ((1)). There is a potential for the price to retest the MA200 line and the same level as the wave retracement ((4)) if the correction is sustained. This correction is seen as a good signal to start another upward trend in waves ((5)). Get the latest Bitcoin prediction, BTC prediction, and cryptocurrency prediction with the h...

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