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AI for Investment Risk Management ✌️【Work-Life Balance】✌️Invest ₹500 and earn up to 100% returns every month. Start now! election rally from $70,000 to over $100,000, and each of these dips has ended with a bearish crossover of the 50- and 200-hour SMAs.The latest crossover, therefore, offers hope to bulls expecting a renewed move into six figures above $100,000.A potential bounce could face resistance near $10,600, a level identified by the descending trendline, representing the recent price drop.
AI for Investment Risk Management ✌️【Work-Life Balance】✌️Invest ₹500 and earn up to 100% returns every month. Start now!A violation there would open doors for record highs.It's important to remember that patterns don't always play out as expected, and the contrary indicator discussed above may fail, potentially leading to a deeper drop.
AI for Investment Risk Management ✌️【Work-Life Balance】✌️Start with ₹500 and earn reliable, high returns each and every month!The first sign of trouble will be if prices move below the overnight low of $96,000, which could expose the swing low of around $91,000 recorded on Dec.
5.Omkar Godbole is a Co-Managing Editor on CoinDesk's Markets team based in Mumbai, holds a masters degree in Finance and a Chartered Market Technician (CMT) member.
AI for Investment Risk Management ✌️【Work-Life Balance】✌️Invest ₹500 and earn up to 100% returns every month. Start now!Omkar previously worked at FXStreet, writing research on currency markets and as fundamental analyst at currency and commodities desk at Mumbai-based brokerage houses.
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