Investing Advice

The Southern Methodist University recently put out a research paper that found a couple of standout facts regarding the cryptocurrency industry. Most notable is the finding that tweet count and Google search trends can help predict when crypto prices are about to change.     Correlation is key That’s right. As reported by Bitcoinist, the […]

Amazon shares (NASDAQ:AMZN) have gapped up as a result on an ongoing strong buying pressure in the market. This is a trend that is supposed to continue for most of this year. Price reached a significant low in December 2018, and then rose up, only to trade sideways later. The sideways movement ended in March […]

Microsoft stock (NASDAQ:MSFT) has recently gapped up, while trending upwards slowly and steadily. Since December 2018 till date, the market has assumed a very strong bullish stance. The ADX period 14 is above the level 40, meaning the momentum in the market is currently strong. The DM+ is above the DM-, meaning the domination of […]

RPUSD Medium-term Trend: Bullish     • Resistance Levels: $0.56, $0.58, $ 0.60 • Support Levels: $0.29, $0.27, $0.25   Yesterday, April 29, the XRP price was in a range bound movement below the 12-day EMA and the 26-day EMA. On April 26, a bullish candlestick broke the bearish trend line signaling the end of […]

ETHUSD Long-term Trend – Bearish     • Distribution territories: $200, $220, $240 • Accumulation territories: $120, $100, $80   After going through a specific trading range for a few days, Ethereum’s price dropped on April 25, during a process that weakened the cryptocurrency to the point it went under the $160 mark. The crypto’s […]

XRPUSD Medium-term Trend: Bearish     • Resistance Levels: $0.56, $0.58, $ 0.60 • Support Levels: $0.31, $0.29, $0.27   On April 18, the XRPUSD pair was in a bullish trend. The bulls tested the $0.34 resistance level and were resisted. The bears broke the 12-day EMA and the 26-day EMA to reach the bearish […]

BTCUSD Long-term Trend – Ranging     • Distribution territories: $6,500, $7,000, $7,500 • Accumulation territories: $3,500, $3,000, $2,500   Bitcoin market valuation hasn’t been able to move strongly in the market as well as its counter currency i.e. the US dollar. Therefore, the cryptocurrency’s price value has continued to push around in range spots […]

Barclays shares (LSE:BARC) were recently not a good market, but things are now looking promising. There is a clear bullish signal in the market. Price broke the upper Trendline to the upside more than a few times, only to return below it. This time around, price has broken above the upper Trendline again, and it […]

HSBC Holdings stock (LSE:HSBA) has generated a clean, low-risk buy signal, following the recent discouraging conditions in the market. From November 2018 to February 2019, price consolidated seriously, and then fell lower in the following few months. Starting from the latter end of March 2019, a nice bullish trend has started. 4 EMAs are used […]

ETHUSD Medium-term Trend: Bearish   • Resistance Levels: $230, $240, $250 • Support Levels: $150, $140, $130   Ethereum’s price is in a bullish trend. On April 8, the bulls managed to bring ETH to a high of $187.98. The bulls faced resistance at the $184 level and as a result the price fell to […]