Ohio Approves Bitcoin Tax Exemption Under $200
Ohio's Tax Exemption for Bitcoin: The Ohio House has passed a bill that exempts sales tax on Bitcoin transactions under $200, aiming to promote the use of cryptocurrency in everyday purchases.
Next Steps for Legislation: The bill requires Senate approval and the governor's signature before it can become law, potentially positioning Ohio among states that facilitate Bitcoin as a common payment method.
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Technical Analysis for CAT
Technical Sentiment Analysis for Simon's Cat (CAT) As of , Simon's Cat (CAT) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for CAT stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, CAT is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Simon's Cat (CAT) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.000000637 | 0.00000108 | 0.00000151 | 0.00000196 | 0.00000239 | 0.00000284 | 0.00000327 |
| Fibonacci | 0.00000108 | 0.00000142 | 0.00000162 | 0.00000196 | 0.0000023 | 0.0000025 | 0.00000284 |
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