Category Archive: Finance, No picture
Elliott Wave Technical Analysis: Texas Instruments Inc. – Friday, May 17
Image Source: Unsplash TXN Elliott Wave Analysis Trading Lounge Daily Chart,Texas Instruments Inc., (TXN) Daily ChartTXN Elliott Wave Technical AnalysisFUNCTION: TrendMODE: ImpulsiveSTRUCTURE: MotivePOSITION: Minute {iii} or 3.DIRECTION: Upside in {iii}.DETAILS: Moving as expected, looking for at least equality of 3 vs 1, as we could turn into an ABC and many times equality of C vs. A is a […]
Pink Drainer shuts down after dealing over $85 million in damage
Pink Drainer, the wallet-draining service responsible for over $85 million in stolen crypto, is shutting down. The shutdown was disclosed by ZachXBT through a Telegram post.At its height, the scam service impacted over 21,000 victims, according to a Dune analytics dashboaranalytics dashboar shared by Web3 anti-scam firm Scam Sniffer. “It is very likely that our […]
Elliott Wave Technical Forecast: Unlocking ASX Trading Success: Fortescue Ltd.
Image Source: Unsplash ASX: Fortescue Ltd. – FMG Elliott Elliott Wave Technical Analysis TradingLounge (1D Chart)Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with FORTESCUE LTD – FMG. We’ve identified that wave ((ii)) in green has recently bottomed out, and wave ((iii)) in green is now unfolding to push significantly higher.ASX: Fortescue Ltd. – FMG Elliott Wave Technical […]
Common Pitfalls In Short-Term Trading And How To Avoid Them
Image Source: Pexels When I first ventured into short-term trading, I was drawn by the prospect of quick profits and the excitement of fast-paced market movements. However, the initial thrill soon gave way to a series of challenges that I hadn’t anticipated. Here, I share some common mistakes that many novice traders, including myself, often make […]
Shiba Inu Whale Nets $3.2m, New Telegram Bot Token Offers Another Opportunity
A Shiba Inu (SHIB) whale is making headlines after making a staggering $3.2 million profit after holding onto their SHIB investment for 2.6 years.While crypto enthusiasts envy the whale’s profits, emerging opportunities like the ongoing Bitbot (BITBOT) presale present a fresh avenue for those seeking profitable ventures in the digital asset realm. The Shiba Inu whale success storyThe whale bought […]
Marvel Technologies Emerges Bullish Patterns
Image Source: Unsplash Marvell Technology, Inc. (MRVL) faces formidable challenges and promising opportunities in the rapidly evolving tech industry. This article examines the financial health based on the Q3 and Q4 2024 earnings reports and offers technical analysis to identify long-term investment prospects. Observation reveals that the stock price has established a robust price floor and […]
Binance partners with Taiwan authorities in $6.2M money laundering crackdown
Binance’s Financial Crimes Compliance (FCC) department has recently joined forces with Taiwan’s Ministry of Justice Investigation Bureau and the Taipei District Prosecutors Office to take down an NT$200 million ($6.2 million) money laundering operation, said Binance in a press release published today.As reported, the suspects in the case were involved in sophisticated money laundering activities […]
Gold Price Projections For June
Image Source: Unsplash In today’s episode, me and Chris Vermeulen discuss the seasonality of markets, historical market patterns, and how the U.S. election year might influence market dynamics. We also cover:Outlook for General Equities Markets: What is the current state of the stock market?Sentiment Analysis and Market Psychology: Why does Chris emphasize the importance of gauging […]
FX Daily: Calm Waters Ahead
Image Source: Unsplash In the two weeks leading to the 31 May US core PCE release, markets may experience reduced volatility. This is not necessarily bad news for the high-yielding USD, but the yen looks more fragile. A stabilization in EUR/USD around 1.08/1.09 or some modest downside pressure is our expectation for the near term. USD: […]
Solana leads as the fastest among large-scale blockchains — CoinGecko
Research from CoinGecko says that Solana is the fastest among large-scale blockchains, with its actual daily average transactions per second (TPS) reaching a record high of 1,504 on April 6, 2023 as the meme coin mania took off. Such a statistic makes Solana roughly 46 times faster than Ethereum, and 5 times faster than Polygon.To […]
