Tag: Breakdown

Prices Under Correction Threat With $8 Breakdown

Published 1 hour ago Over the past three months, the Filecoin (FIL) price action has shaped into a cup and handle pattern. The $5 psychological level formed the bottom support for this pattern...

Ethereum Breakdown Looks like the Real Deal, $1K Is The Key

Ethereum gained pace and traded below $1,150 against the US Dollar. ETH could decline heavily if there is a close below $1,000. Ethereum started a fresh decline below the $1,200 and $1,150 levels. The price...

CPI Breakdown: Defend Your Money

It’s CPI Day and, possibly, mea culpa day. Last month I, and almost everyone else, said the peak was behind us as it dropped from 8.5% to 8.3%. In fact, I went out...

Seller Ready To Crack Another Bearish Breakdown

Published 5 hours ago Following the April-May downfall, the GALA price witnessed a short consolidation above the $0.6 level. The consolidation formed a symmetrical triangle pattern which should bolster the upcoming rally. However,...

When Does a Breakdown in Market Correlations Mean Something?

What if something that most traders and investors accept as fact, actually was not true? The vast majority of people believe the four benchmark indexes are positively correlated to a value of 1....

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