Alibaba recently broke above the key resistance level 187.27 (which stopped the previous impulse wave (i) at the start of October).
The breakout of the resistance level 187.27 continues the active impulse wave 3, which belongs to the intermediate impulse sequence (C) from May.
Alibaba is expected to rise further toward the next resistance level 195.00 (top of the previous wave (A) and the target for the completion of wave 3).
Market picture The crypto market has lost 3.3% in the last 24 hours to $2.3…
- USDJPY broke key resistance level 155.00 - Likely to rise to resistance level 160.00…
- Ebay reversed from support level 49.35 - Likely to rise to resistance level 52.55…
Even though the Bank of Japan left the key rate and parameters of the QE…
Market picture Market Dynamics: The cryptocurrency market stabilised, losing just 0.1% of capitalisation and dropping to…
- GBPCAD reversed from key support level 1.6910 - Likely to rise to resistance level…
This website uses cookies
