Alibaba continues to rise inside the sharp impulse wave C, which recently broke above the resistance level 220.00 (which reversed the price at the start of January) and the resistance trendline of the daily up channel from October.
The active impulse wave C belongs to the medium-term upward ABC correction from the middle of last year.
Alibaba is likely to rise further toward the next resistance level 240.00 (likely price for the completion of the active impulse wave C).
The dollar has paused its strengthening, as weaker-than-expected inflation data reduces fear of future Fed…
Bitcoin finds support near the 50-day moving average, but further declines in the stock market…
- EURCHF falling inside minor impulse wave 5 - Likely to fall to support level…
- USDCHF reversed from resistance zone - Likely to fall to support level 0.8860 USDCHF…
The US dollar is at two-year highs. Factors such as changes in the Fed's monetary…
The crypto market is experiencing a decline, with a potential further drop in value. Bitcoin…
This website uses cookies
