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Bitcoin soars by 16% - and again Elon Musk

Bitcoin/USD, cryptocurrency, Bitcoin soars by 16% - and again Elon Musk

Bitcoin jumped almost 16% on Monday, coming close to the $40,000 mark.

Altcoins rose in price even more, the total capitalization of the crypto market soared by 24%.

Cryptocurrencies rose in price on the background of news about the meeting of Elon Musk with miners.

The CEO of Tesla has repeatedly exerted a strong influence on the crypto market. This time, Elon Musk announced a meeting with Bitcoin miners on the topic of using renewable energy sources.

"I talked to North American Bitcoin miners. They intend to report on the current and planned use of renewable sources and will ask miners around the world to do the same. Potentially promising," Musk wrote on Twitter.

The meeting was held in a closed format at the end of last week, and was organized by MicroStrategy CEO Michael Saylor. According to him, the meeting was attended by representatives of such companies as Argo, BLOCKCAP, Core Scientific, Galaxy Digital, HIVE, Hut 8, Marathon and Riot.

"The miners have agreed to form a Bitcoin Mining Council to promote transparency in energy use and accelerate sustainability initiatives around the world," Saylor wrote.

Well-known cryptocurrency enthusiast and founder of Morgan Creek Digital, Anthony Pompliano, said that during the panic in the market, Bitcoin whales bought up more than 122 thousand BTC. For the analysis, Glassnode data was used.

The cryptocurrency hedge funds surveyed by Bloomberg also confirmed that they bought the asset on the fall of the exchange rate. London-based MVPQ Capital and ByteTree Asset Management, as well as Singapore-based Three Arrows Capital, took advantage of the market's decline to make purchases.

"Every time there is a significant liquidation of margin positions, there is a good chance to buy. I would not be surprised if BTC and ETH recover what they lost in the fall in a week, " said Kyle Davis, co-founder of Three Arrows Capital.

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Symbols Bitcoin/USD

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Forex Signals for EUR/USD, GBP/USD and USD/CAD on 29/09/2022
EUR/USD, currency, GBP/USD, currency, USD/CAD, currency, Forex Signals for EUR/USD, GBP/USD and USD/CAD on 29/09/2022 EUR/USDThe pair EUR/USD is trading within the ascending price channel on the hourly chart. I recommend opening long positions in case of breakdown of resistance at 0.9700 with the aim of going up to resistance at 0.9747-0.9800. Stop below 0.9640.I recommend opening short positions after breakdown of support at the level of 0.9648 with the aim to go down to the support at 0.9596-0.9546. Stop above 0.9710.GBP/USDOn the basis of technical modeling on pair pound/dollar the forecast of the further movement was formed and the average urgent predisposition to decrease.In this technical situation, the pound can be sold from the level of 1.0909, you can also put a pending sell order at 1.1075 for the purpose of reducing to the support area at 1.0266-1.0104, a stop in this strategy can be placed at 1.1225.If we gain a profit of 30 pips or more, we fix 50% of the position, and place the rest of the profit at no-loss. If this forecast for GBP/USD coincides with your opinion, then you should feel free to use this strategy.USD/CADUSD/CAD is trading in an uptrend on the 4-hour chart. It shows that the USD/CAD is trading above the 55 moving average on the hourly chart (level 1.3688), which generally contributes to the price increase in the short term. I recommend to work on this pair from the sales on the basis of the existing wave model.The signal for long position opening will be a break-down of resistance at 1.3734 with the aim to go up to the resistance level of 1.3807 and in case of its break-down at the end of the hour to 1.3877. Stolploss may be placed at the level of 1.3590.The signal for the opening of a short position is a breakdown of support at 1.3596 and the aim of downward movement to 1.3512, in case it is broken through 1.3442. Stolploss for this strategy may be placed at the level of 1.3745.Considering that the moving average and the location of the boundaries of technical figures move over time, it is necessary to make corrections in their positions on the hourly chart. I also recommend opening positions by the end of the hour to avoid false breakouts. More about USD/CAD tradingIf you are interested in USD/CAD analytics, we recommend you to visit the analytics page, where you can find the latest analytics on Forex from top traders from all over the world. These analytics will be useful both for beginners and professional traders. The Forex signals service makes it much easier for beginners to make their first steps in trading on the financial markets. The latest USD/CAD forecasts and signals contain support and resistance levels, as well as stop-loss levels. 
Sep 29, 2022 Read
Forex Signals for EUR/USD, GBP/USD and USD/CAD on 28/09/2022
EUR/USD, currency, GBP/USD, currency, USD/CAD, currency, Forex Signals for EUR/USD, GBP/USD and USD/CAD on 28/09/2022 EUR/USDThe pair EUR/USD is trading within the descending price channel on the hourly chart. I recommend opening long positions in case of breakdown of resistance at 0.9570 with the aim of going up to resistance at 0.9605-0.9643. Stop below 0.9530.I recommend to open short positions after breakdown of support at the level of 0.9534 with the aim to go down to the support level of 0.9496-0.9459. Stop above 0.9580.GBP/USDOn the basis of technical modeling on pair pound/dollar the forecast of the further movement was formed and the average urgent predisposition to decrease.In the given technical situation pound can be sold from the level of 1.0687, you can also put a pending sell order at 1.0801 with the aim of decreasing to the support area at the level of 1.0266-1.0104, a stop at this strategy can be placed at the level of 1.0955.If we gain a profit of 30 pips or more, we fix 50% of the position, and place the rest of the profit at no-loss. If this forecast for GBP/USD coincides with your opinion, then you should feel free to use this strategy.USD/CADUSD/CAD is trading in an uptrend on the 4-hour chart. It shows that the USD/CAD is trading above the 55 moving average on the hourly chart (level of 1.3693), which generally contributes to the price increase in the short term. I recommend to work on this pair from the sales on the basis of the existing wave model.Breaking through resistance at 1.3807 with the aim to go up to resistance at 1.3876 and if it is broken through to 1.3946 will be a signal to open a long position. Stolploss may be placed at the level of 1.3635.The signal for the opening of a short position is a breakdown of support at 1.3662 to 1.3596, in case it is broken through 1.3512. Stolploss for this strategy may be placed at the level of 1.3815.Considering that the moving average and the location of the boundaries of the technical figures moves over time, it is necessary to correct their position on the hourly chart. I also recommend opening positions by the end of the hour to avoid false breakouts.  More about USD/CAD tradingIf you are interested in USD/CAD analytics, we recommend you to visit the analytics page, where you can find the latest analytics on Forex from top traders from all over the world. These analytics will be useful both for beginners and professional traders. The Forex signals service makes it much easier for beginners to make their first steps in trading on the financial markets. The latest USD/CAD forecasts and signals contain support and resistance levels, as well as stop-loss levels. 
Sep 28, 2022 Read
Forex signals for EUR/USD, GBP/USD and USD/CAD on 27/09/2022
EUR/USD, currency, GBP/USD, currency, USD/CAD, currency, Forex signals for EUR/USD, GBP/USD and USD/CAD on 27/09/2022 EUR/USDThe EUR/USD pair is trading within the descending price channel on the hourly chart. I recommend opening long positions in case of a breakdown at the end of the resistance hour at the level of 0.9705 in order to increase to the resistance at the level of 0.9744-0.9783. Stop below 0.9620.I recommend opening short positions after the breakdown at the end of the support hour at the level of 0.9624 in order to reduce to support at the level of 0.9584-0.9546. Stop above 0.9725.Based on technical modeling for the pound/dollar pair, a forecast of further movement has been formed and the average is urgently predisposed to decline.GBP/USDIn this technical situation, the pound can be sold from the level of 1.0828, you can also place a pending sell order at the level of 1.0915 in order to reduce to the support area at the level of 1.0473-1.0297, with this strategy, you can place a stop at the level of 1.0955.In the case of a profit of 30 points or more, we fix 50% of the position, and put the rest at no loss. If this forecast for the GBP/USD pair coincides with your opinion, then you can safely use this strategy.USD/CADThe USD/CAD pair is trading within an uptrend on a 4-hour chart. It shows that the USD/CAD exchange rate is trading above the moving average with a period of 55 on the hourly chart (level 1.3620), which generally contributes to the price increase in the short term. I recommend working on this pair from sales based on the established wave model.The signal to open a long position will be a breakdown at the end of the resistance hour at the level of 1.3751 in order to increase to the resistance at the level of 1.3807 and in case of its breakdown at the end of the hour to 1.3876.  The stop loss with this strategy can be placed at the level of 1.3610.The signal to open a short position will be a breakdown at the end of the support hour at the level of 1.3596 with the aim of reducing to support at the level of 1.3512 in case of its breakdown at the end of the hour 1.3442. The stop loss with this strategy can be placed at the level of 1.3705.Given that the moving average and the location of the boundaries of technical figures are moving over time, it is necessary to adjust their position on the hourly chart. I also recommend opening positions at the end of the hour to avoid false breakouts. If you are interested in USD/CAD analytics, we recommend you to visit the analytics page, where you can find the latest analytics on Forex from top traders from all over the world. These analytics will be useful both for beginners and professional traders. The Forex signals service makes it much easier for beginners to make their first steps in trading on the financial markets. The latest USD/CAD forecasts and signals contain support and resistance levels, as well as stop-loss levels. 
Sep 27, 2022 Read
Forex signals for EUR/USD, GBP/USD and USD/CAD on 26/09/2022
EUR/USD, currency, GBP/USD, currency, USD/CAD, currency, Forex signals for EUR/USD, GBP/USD and USD/CAD on 26/09/2022 EUR USDThe EUR/USD pair is trading within the descending price channel on the hourly chart. I recommend opening long positions in case of breakdown of resistance at 0.9665 by the end of the hour with the aim of increasing to resistance at 0.9704-0.9744. Stop below 0.9610.I recommend opening short positions after breakdown of support at 0.9624 with the aim to go down to support at 0.9584-0.9546. Stop above 0.9675.GBP USDOn the basis of technical modeling on pair pound/dollar the forecast of the further movement was formed and the average urgency predisposes to decrease.In the given technical situation pound can be sold from the level of 1.0828, you can also put a pending sell order at 1.0915 with the aim of decreasing to the support area at the level of 1.0473-1.0297, a stop in this strategy can be placed at the level of 1.0955.If we gain a profit of 30 pips or more, we fix 50% of the position, and reduce the rest to a lossless position. If this forecast for the GBP/USD pair coincides with your opinion, then you should feel free to use this strategy.USD CADUSD/CAD is trading in an uptrend on the 4-hour chart. The USD CAD is trading above the 55 SMA on the 4h chart (1.3525 level) and that should push the price up in the short term. I recommend to work on this pair from purchases on the basis of the existing wave model.The signal for long position opening will be a break-down of resistance at 1.3525 with the aim to go up to the resistance level of 1.3733 and in case of its break-down at the end of the hour to 1.3807.  Stolploss may be placed at the level of 1.3520.The signal for the opening of a short position is a breakdown of support at 1.3525 with the aim of going down to 1.3442, in case it is broken through 1.3372. Stolploss in this strategy can be placed at the level of 1.3665.Considering that the moving average and the location of the technical figure boundaries move over time, it is necessary to make corrections in their positions on the hourly chart. I also recommend opening positions by the end of the hour to avoid false breakouts. 
Sep 26, 2022 Read
Forex signals for EURUSD, GBPUSD and USDCAD on 23/09/2022
EUR/USD, currency, GBP/USD, currency, USD/CAD, currency, Forex signals for EURUSD, GBPUSD and USDCAD on 23/09/2022 EUR/USDThe EUR/USD pair is trading within the descending price channel on the hourly chart. I recommend opening long positions in case of breakdown of resistance at 0.9844 with the aim of going up to resistance at 0.9878-0.9912. Stop below 0.9800.I recommend opening short positions after breakdown of support at 0.9808 with the aim to go down to support at 0.9776-0.9740. Stop above 0.9865.GBP/USDOn the basis of technical modeling on pair GBP/USD the forecast of the further movement was formed and the average urgent is predisposed to decrease.In the given technical situation pound can be sold from the level of 1.1267 and also it is possible to expose the pending sell order at the level of 1.1389 with the purpose of decrease in the support area at the level of 1.1016-1.0932, the stop at this strategy can be placed at the level of 1.1505.If we gain a profit of 30 pips or more, we fix 50% of the position, and place the rest at no-loss. If this forecast for GBP/USD coincides with your opinion, then you should feel free to use this strategy.USD/CADUSD/CAD is trading in an uptrend on the 4-hour chart. It shows that the USD/CAD is trading above the 55-period moving average on the hourly chart (level of 1.3394), which generally contributes to the price increase in the short term. I recommend to work on this pair from purchases on the basis of the existing wave model.The signal for long position opening will be a break-down of resistance at 1.3525 with the aim to go up to the resistance level of 1.3599 and in case of its break-down at the end of the hour to 1.3666.  Stolploss may be placed at the level of 1.3400.The signal for the opening of a short position is a breakdown of support at 1.3372, with the aim of going down to 1.3321 if it is broken through 1.3259. Stolploss in this strategy can be placed at the level of 1.3455.Considering that the moving average and the location of the boundaries of technical figures moves over time, it is necessary to make corrections in their positions on the hourly chart. I also recommend opening positions by the end of the hour to avoid false breakouts.  If you are interested in USDCAD analytics, we recommend you to visit the analytics page, where you can find the latest analytics on Forex from top traders from all over the world. These analytics will be useful both for beginners and professional traders. The Forex signals service makes it much easier for beginners to make their first steps in trading on the financial markets. The latest USD/CAD forecasts and signals contain support and resistance levels, as well as stop-loss levels. 
Sep 23, 2022 Read
Forex Signals for EURUSD, GBPUSD and USDCAD on 22/09/2022
EUR/USD, currency, GBP/USD, currency, USD/CAD, currency, Forex Signals for EURUSD, GBPUSD and USDCAD on 22/09/2022 EUR/USDThe pair EUR/USD is trading within the descending price channel on the hourly chart. I recommend opening long positions in case of breakdown of resistance at 0.9842 with the aim of going up to resistance at 0.9873-0.9897. Stop below 0.9800.I recommend opening short positions after breakdown of support at 0.9808 with the aim to go down to support at 0.9784-0.9757. Stop above 0.9855.GBP/USDOn the basis of technical modeling on pair GBP/USD the forecast of the further movement was formed and the average urgent is predisposed to the decrease.In the given technical situation pound can be sold from the level of 1.1267 and also it is possible to expose the pending sell order at the level of 1.1389 with the purpose of decrease in the support area at the level of 1.1016-1.0932, the stop at this strategy can be placed at the level of 1.1505.If we gain a profit of 30 pips or more, we fix 50% of the position, and place the rest at no-loss. If this forecast for GBP/USD coincides with your opinion, then you should feel free to use this strategy.USD/CADUSD/CAD is trading in an uptrend on the 4-hour chart. It shows that the USD/CAD is trading above the 55 moving average on the hourly chart (level 1.3321), which generally contributes to the price increase in the short term. I recommend to work on this pair from purchases on the basis of the existing wave model.The signal for long position opening will be a break-down of resistance at 1.3535 with the aim to go up to the resistance level of 1.3586 and in case of its break-down at the end of the hour to 1.3645.  Stolploss may be placed at the level of 1.3470.The signal for the opening of a short position is a breakdown of support at 1.3481 with the aim of going down to 1.3430, in case it is broken through 1.3372. Stolploss in this strategy can be placed at the level of 1.3555.Considering that the moving average and the location of the boundaries of technical figures moves over time, it is necessary to make corrections in their positions on the hourly chart. I also recommend opening positions by the end of the hour to avoid false breakouts.  If you are interested in USDCAD analytics, we recommend you to visit the analytics page, where you can find the latest analytics on Forex from top traders from all over the world. These analytics will be useful both for beginners and professional traders. The Forex signals service makes it much easier for beginners to make their first steps in trading on the financial markets. The latest USD/CAD forecasts and signals contain support and resistance levels, as well as stop-loss levels.
Sep 22, 2022 Read
Forex Signals for EURUSD, GBPUSD and USDCAD on 21/09/2022
EUR/USD, currency, GBP/USD, currency, USD/CAD, currency, Forex Signals for EURUSD, GBPUSD and USDCAD on 21/09/2022 EUR/USDThe pair EUR/USD is trading within the descending price channel on the hourly chart. I recommend opening long positions in case of breakdown of resistance at 0.9940 with the aim of going up to resistance at 0.9969-0.9998. Stop below 0.9870.I recommend to open short positions after breakdown of support at the level of 0.9892 with the aim to go down to support at the level of 0.9867-0.9842. Stop above 0.9955.GBP/USDOn the basis of the technical modeling on pair GBP/USD the forecast of the further movement was formed and the average urgency predisposes to decrease.In the given technical situation pound can be sold from the level of 1.1388 and also it is possible to expose the pending sell order at the level of 1.1526 with the purpose of decrease in the area of support at the level of 1.1215-1.1103, the stop at this strategy can be placed at the level of 1.1635.If we gain a profit of 30 pips or more, we fix 50% of the position, and place the rest at no-loss. If this forecast for the GBP/USD pair coincides with your opinion, then you can safely use this strategy.USD/CADUSD/CAD is trading in an uptrend on the 4-hour chart. It shows that the USD/CAD is trading above the 55 moving average on the hourly chart (level 1.3179), which generally contributes to the price increase in the short term. I recommend to work on this pair from purchases on the basis of the existing wave model.The signal for long position opening will be a break-down of resistance at 1.3373 with the aim to go up to the resistance level of 1.3430 and in case of its break-down to 1.3481. Stolploss may be placed at the level of 1.3310.The signal for the opening of a short position is a breakdown of support at 1.3321 with the aim of going down to 1.3259 in case it is broken through 1.3210. Stolploss in this strategy can be placed at the level of 1.3405.Taking into account that the moving average and the location of the technical figure boundaries move over time, it is necessary to make corrections in their positions on the hourly chart. I also recommend opening positions by the end of the hour to avoid false breakouts.  If you are interested in EURUSD analytics, we recommend you to visit the analytics page, where you can find the latest analytics on Forex from top traders from all over the world. These analytics will be useful both for beginners and professional traders. The Forex signals service makes it much easier for beginners to make their first steps in trading on the financial markets. The latest EUR/USD forecasts and signals contain support and resistance levels, as well as stop-loss levels.
Sep 21, 2022 Read
Forex Signals for EURUSD, GBPUSD and USDCAD on 20/09/2022
EUR/USD, currency, GBP/USD, currency, USD/CAD, currency, Forex Signals for EURUSD, GBPUSD and USDCAD on 20/09/2022 EUR/USDThe EUR/USD pair is trading within the ascending price channel on the hourly chart. I recommend opening long positions in case of breakdown of the resistance at 1.0040 with the aim of going up to the resistance at 1.0064-1.0090. Stop below 0.9990.I recommend to open short positions after breakdown of support at the level of 1.0001 with the aim to go down to support at the level of 0.9978-0.9951. Stop above 1.0060.GBP/USDOn the basis of technical modeling on pair pound/dollar the forecast of the further movement was formed and the average urgent predisposition to decrease.In the given technical situation pound can be sold from the level of 1.1460 it is also possible to expose the pending sell order at the level of 1.1545 with the purpose of decrease in the area of support at the level of 1.1215-1.1076, the stop at this strategy can be placed at the level of 1.1645.If we gain a profit of 30 pips or more, we fix 50% of the position, and reduce the rest to a lossless position. If this forecast for GBP/USD coincides with your opinion, then you should feel free to use this strategy.USD/CADUSD/CAD is trading in an uptrend on the 4-hour chart. It shows that the USD/CAD is trading above the 55 moving average on the hourly chart (level 1.3132), which generally contributes to the price increase in the short term. I recommend to work on this pair from purchases on the basis of the existing wave model.The signal for long position opening will be a break-down of resistance at 1.3321 with the aim to go up to the resistance level of 1.3372 and in case of its break-down to 1.3430.  Stolploss may be placed at the level of 1.3200.The signal for the opening of a short position is a breakdown of support at 1.3210 with the aim of going down to 1.3153, in case it is broken through 1.3087. Stolploss in this strategy can be placed at the level of 1.3265.Taking into account that the moving average and the location of the technical figure boundaries move over time, it is necessary to make corrections in their positions on the hourly chart. I also recommend opening positions by the end of the hour to avoid false breakouts. If you are interested in EURUSD analytics, we recommend you to visit the analytics page, where you can find the latest analytics on Forex from top traders from all over the world. These analytics will be useful both for beginners and professional traders. The Forex signals service makes it much easier for beginners to make their first steps in trading on the market. The latest EUR/USD forecasts and signals contain support and resistance levels, as well as stop-loss levels.
Sep 20, 2022 Read
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