Generative Data Intelligence

Tag: negative

Bitcoin Portfolio Insurance: Introductions, Basics And Bond Math

Describing the complex world of bonds with two distinct voices to set the stage for explaining why bitcoin is critical portfolio insurance.

South Korea’s Next President Vows to Reverse Crypto Crackdown and Deregulate Sector

South Korea President-Elect Yoon Suk-yeol is a potential ally for crypto community.

Bitcoin, The People And The Tragedy Of Afghanistan

The U.S. withdrawal from Afghanistan and its decision to seize the country’s assets demonstrates the importance of bitcoin as a sovereign asset.

SmartMetric Adopts A “Green” Rechargeable Battery For Its Biometric Self Powered Biometric Credit Cards

NEW YORK–(BUSINESS WIRE)–#americanexpress–SmartMetric, Inc. (OTCQB: SMME): The SmartMetric biometric credit card that has an inbuilt rechargeable battery to power the cards fingerprint recognition processor is powered by a green, environmentally safe miniature internal battery. “The battery we are using is what we call a non-volatile miniature battery that can even be cut with scissors without […]

The post SmartMetric Adopts A “Green” Rechargeable Battery For Its Biometric Self Powered Biometric Credit Cards appeared first on Fintech News.

Extract granular sentiment in text with Amazon Comprehend Targeted Sentiment

Amazon Comprehend is a natural language processing (NLP) service that uses machine learning (ML) to discover insights from text. As a fully managed service, Amazon Comprehend requires no ML expertise and can scale to large volumes of data. Amazon Comprehend provides several different APIs to easily integrate NLP into your applications. You can simply call […]

ATOM Technical Analysis: Positive Scenario Is A Test Of $44

ATOM Technical Analysis: Bullish Reversal Can Complete Double Bottom Pattern

The desire of buyers to return to the growth trend and continue the positive dynamics is clearly visible on the ATOM weekly chart. Although the ATOM price has not been fixed above the black trend line, some successes on the part of buyers are noticeable. First, sellers failed to update the local low of the weekly candle from 13 December. At around $19, there is a strong liquidity zone where ATOM buyers are willing to keep their prices. It was on the way to this liquidity zone that the trading volumes on the ATOM market increased and buyers were able to organize a counterattack. In fact, on 13 September 2021, the ATOM market began to consolidate in the global range of $19-$44. At the time of writing, the ATOM price is near the middle line of this consolidation. Therefore, in the absence of a trend, the importance of taking control of the trend line goes to 2nd place. Follow the $30 mark. If the trading week of 7 March ends above this mark, our main target is to test the mark of $44. Technical Analysis Of ATOM On The Daily Timeframe https://www.tradingview.com/x/uobhKOfY/ Analyzing the movement of the ATOM price on the daily timeframe, we can see the end of the local downward trend, which occurred on 24 February. The chart shows that high trading volumes did not help sellers even incorrectly update the local low from 15 December 2021. Also during the counterattack of buyers on 25 February the trading volumes increased significantly. This indicates a change of initiative in the ATOM market. The local price correction, which began on 4 March, has actually been completed. Looking at the ATOM market situation, the maximum problem that sellers can now cause is a $26 test mark. But, such a scenario requires a serious negative in the BTC market. Given the great potential for BTC growth to $46,000, we expect ATOM to continue to grow in price. You can confidently buy an ATOM after testing the $34 mark and keeping control of the $30 mark. The main target remains the same – $44. ATOMBTC Price Has A Prospect Of Falling By 10% https://www.tradingview.com/x/lgiMhaZ8/ The current uncertain ATOMUSDT price growth can be explained by a not very successful situation on the ATOMBTC chart. In fact, the ATOM price is growing only due to the aggressive BTC growth. At the moment, people are choosing to invest in Bitcoin over other cryptocurrencies. And this is clearly seen in the weekly chart of ATOMBTC. In recent weeks, trading volumes have fallen and there is a high probability that the ATOMBTC price will fall to 0.00064. If buyers keep this mark and at the same time the main growth trend – we will expect a strong growth impulse both in the pair to BTC and in the pair to USDT. Otherwise, a protracted correction of the global growth trend will begin, in which we will see a new ATOM price fall wave by 40%-50%.

The post ATOM Technical Analysis: Positive Scenario Is A Test Of $44 appeared first on Cryptoknowmics-Crypto News and Media Platform.

QTUM Technical Analysis: The Critical Mark Of $5.5 Still Under Buyers’ Control

QTUM Technical Analysis

The QTUM price have not played yet a negative role for investors outside the global growth channel. On the weekly timeframe, you can see a significant slowdown in the downward trend for 2 months. Buyers manage to keep the range of $5.5 and this is the main signal for the readiness to form a new growth wave. Starting with the weekly candle of 14 February, buyers have been trying to regain control of the global trend line of the growth channel. On the chart we see that this attempt ended with the closing of the weekly candle below the opening price and with the pin-down. However, such a signal of buyers’ weakness did not provoke sellers to form a new fall wave. Although each subsequent weekly candle closed below the opening price, but at low volumes. Volatility has dropped significantly and during the $5.5 range test, buyers have not experienced significant aggression from sellers. https://www.tradingview.com/x/UY9APeN0/ Therefore, at the moment the continuation of the fall wave is impossible due to insufficient forces of sellers. The main scenario at the moment is the beginning of QTUM price growth with the first target of $8.5. This is where the previous attempt of buyers to launch a medium-term counterattack stopped. The final target at the moment is the $11 mark range. It is from this price point that there is a great risk of starting a new fall wave of QTUM with the main target of $3.6. Technical Analysis Of QTUM On The Daily Timeframe https://www.tradingview.com/x/URvNSJKm/ Analyzing the price movement of QTUM on the daily timeframe, we see that after 24 February, trading volumes fell. We can assume that the set of buyers’ position to form a new growth wave is coming to an end. On the daily chart, we noted the main level, the position and liquidity zone are still gaining ground, where false breakdowns are allowed. Starting from 7 December 2021, sellers have been keeping the initiative in the QTUM market with a red trend line. But, their aggression dropped significantly. On 9 March, buyers began a local growth wave, the main target of which is $7. In this note, it will become clear how much power sellers have left to feed the consolidation in the QTUM market. Thus, while the $5.5 mark is under the control of buyers, we expect the QTUM price to increase in March. The QTUMBTC Price Calls Into Question The Positive In The Market https://www.tradingview.com/x/la9AANAN/ If in the pair to USDT the QTUM price looks encouraging for investors, then in the case of the pair QTUMBTC the opposite is true. Since December 2021, QTUMBTC trading volumes have fallen significantly. Now the QTUMBTC price is falling on a weekly timeframe at such low volumes that it becomes scary for the attractiveness of this cryptocurrency. Thus, the important liquidity volume of 0.00016 is no longer under the control of buyers. One thing is gratifying – that this price fall is very slow and with one weekly candle buyers can completely correct the situation. Therefore, while the price is below the mark of 0.00016 investing in the QTUM cryptocurrency is quite dangerous. And if you have made such a decision – be prepared to buy QTUMBTC at lower liquidity levels to form an attractive average investment price.

The post QTUM Technical Analysis: The Critical Mark Of $5.5 Still Under Buyers’ Control appeared first on Cryptoknowmics-Crypto News and Media Platform.

Asia’s modest relief rally

US bans all Russian energy imports The announcement by President Biden overnight of a unilateral ban on Russian energy imports had been well flagged to markets already. That limited the fallout from the announcement and although energy prices still finished higher overnight, equity markets in New York were only slightly lower. In Asia, a relief […]

For Patient Accumulators, Economic Liquidity Issues Present Massive Bitcoin Opportunity

For patient accumulators of bitcoin, the current and potential future price action of bitcoin should be viewed as a massive opportunity.

Market Wrap: Equities Seesaw as Ukraine Unpredictability Continues

Military vehicle in Ukraine

Investors are watching the developing conflict in Ukraine and await Biden's executive crypto order and new interest rates

The post Market Wrap: Equities Seesaw as Ukraine Unpredictability Continues appeared first on Blockworks.

Ukrainians Embrace Bitcoin For Daily Purchases: Report

NYDIG’s February report highlights how Ukrainian military support continues its influx by the millions as Russian Bitcoin transactions rise.

Price of Gold Spikes Over $2,060 per Ounce While Risk Assets Continue to Capitulate

Price of Gold Spikes Over $2,060 per Ounce While Risk Assets Continue to CapitulateOn Tuesday, the price of gold soared to new heights as an ounce of the precious metal surpassed $2K per ounce during the early morning trading sessions (EST). Hours later, gold tapped a high of $2,064.27 per ounce as the Russia-Ukraine war and global commodities surge has fueled demand. Gold’s Value Surges Higher Amid Commodities […]

Latest Intelligence

spot_img
spot_img
spot_img

Chat with us

Hi there! How can I help you?