Alright, based on the historical price action displayed in the image, I'll provide a technical analysis of Ethereum's chart. However, remember that past performance is not indicative of future results, and this analysis is hypothetical, based on the static information provided in the screenshot. From the chart, here are a few observations: Trend Identification:...
If you haven`t bought MSFT here: Then you should know that in a rapidly evolving digital landscape, Microsoft's strategic acquisition of a 49% stake in OpenAI, the developer of the powerful language model ChatGPT, has positioned the tech giant to potentially challenge market leaders Google (GOOGL) and Amazon (AMZN). With ChatGPT's advanced natural language...
On April 11th, 2023, the COT report indicated a significant increase in the number of futures contracts held by large speculators, which indicated a bullish sentiment towards Bitcoin in the futures markets. The net long positions held by large speculators increased by 5,000 contracts from the previous week, and the net long positions held by small speculators...
🌞 Good news for investors! Based on the chart index, it seems like the weather in the bitcoin world will be sunny ☀️. With a confidence level of 1.0, which is higher than the baseline of 0.864, it's a positive sign for the future of Bitcoin. The current price of Bitcoin has been consistently high, with a low of 28890 and a high of 29146. The volume of Bitcoin...
From technical analysis wise, a clear breakout from a falling wedge on W & 3D frames, it is retesting, I think it will make 10x from here. According to INTchain twitter account: “The INT Chain Foundation officially announced that it will conduct in-depth research and expansion on AIGC and ChatGPT related technologies, with an ever-changing pace, profoundly,...
Microsoft has been a big player in the AI industry recently and has been making a lot of buzz lately. Their acquisition of ChatGPT was an strategic play against GOOGLE to position themselves better as a search engine. GOOGLE has been the leader as a search engine but things look like they are changing soon. Other than that, MSFT has a couple good reasons why it...
- AI has broken through the ceiling of a falling trend channel in the medium long term. - AI has given a positive signal from the rectangle formation by a break up through the resistance at 21. - Further rise to 28 or more is signaled. - AI has marginally broken down through support at 23. - An established break predicts a further decline. - Volume has previously...
Looks like a cup and handle pattern to me in a longer timeframe. If so and respected, we may see ATH at $1.5 as first target.