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London open: Stocks nudge up ahead of Nvidia earnings London stocks nudged higher in early trade on Wednesday following a positive close on Wall Street, as investors eyed results from US chip maker Nvidia. At 0820 BST, the FTSE 100 was up 0.1% at 8,356.95. Susannah Streeter, head of money and markets at Hargreaves Lansdown, said: “Investors […]

In 1994, Charlie Munger addressed an audience at the University of Southern California, sharing insights from his two decades of collaboration with Warren Buffett in building Berkshire Hathaway into a billion-dollar empire. During his talk, titled “A Lesson on Elementary Worldly Wisdom,” Munger revealed a powerful strategy employed by Buffett with remarkable success. Warren Buffett’s […]

BTCUSD rally faces resistance and consolidation, signaling an impending downside. The second bounce off the rising trendline sparked a considerable rally, driving BTCUSD to the notable price level of $35000.00. Prior to the attainment of $35000.00, BTCUSD had formed a bullish order block around the $30000.00 psychological level. The impulsive momentum witnessed a decline as […]

ETHUSD is set to begin its reversal to the downside as the distribution phase ends. Following the formation of the $2030.00 high, ETHUSD was immersed in the discount as the bulls exited the market. The downtrend that emerged as a result of the crash from the $2030.00 high ended as the price approached $1530.00. Owing […]

BTCUSD declines as the market leaves the overbought region, as indicated by the RSI (Relative Strength Index). Following the retraction at $24900.00 of substantial support, a subsequent rally emerged. This gave rise to the formation of a bullish order block on the 28th of September, 2023. The consequential bullish order block played a pivotal role […]

BTCUSD faces resistance at $37400.00 after the October 2023 surge. Following the October 2023 financial landscape shift, a notable surge in buying momentum is evident, marked by a significant increase. However, this upward trend faced a hurdle as market conditions pushed prices to a critical supply zone at $37400.00. This shift impacted market dynamics. The […]

ETHUSD has begun a retracement to the downside as the market becomes overbought. This came after a rapid increase in the price of Ethereum over the past few weeks. After a bounce off the $2137.00 resistance, the bears stormed the market, causing a clear pullback. Prior to the current uptrend, the previous uptrend occurred about […]

ETHUSD keeps breaking through major resistance levels as more bulls storm the market. The price had initially experienced a massive decline following the formation of the swing high at $2140.00. The swing high formed in May 2023, after which the price of Ethereum massively crashed into the discount zone. ETHUSD declined algorithmically in fractals until […]

Bitcoin’s value fluctuation highlights a possible correction, evident in the ongoing consolidation. Presently, BTCUSD struggles beneath the crucial $36,000 level, facing resistance-induced selling pressure. It suggests a potential dip into the discount zone, creating a liquidity void, before the uptrend resumes. This pattern signifies a temporary setback, a natural occurrence in market...

ETHUSD is set to commence a short-term retracement to the downside. ETHUSD approached a significant demand area during its upward retracement. After ETHUSD rapidly surged in June and July 2023, the market’s sentiment turned bearish. The price reached a new high at $2030.00, forming a prominent resistance level. The bearish shift occurred after a successful […]