Technical Analysis

The new UK government gave a boost to sterling, GBP/USD rallied to the main resistance line on the chart below.  This followed a steep decline when the budget was announced in September.  Markets don’t move in a straight line but they tend to folow the same path.  The path for GBP/USD is down, I believe […]

XRPUSD bears drove the market rapidly to $0.420 from the 4th of May till the 11th of May. The supply level at $0.560 gave Bears the opportunity to drive the market impulsively. The rapid and consistent fall of the daily candles created a market inefficiency just below $0.560. After the impulsive run, the market experienced […]

Solana started the bearish market on the 5th of October after the market formed a resistance price of $34.25. As the bears push the price to the downside, they drag the bulls along with them. At some point in the bearish market, we notice bullish activities. For instance, on the 16th and the 17th of […]

Key Highlights ETH/USD resumes consolidation Ether holds above $1,300 support Ethereum (ETH) Current Statistics The current price: $1,312.89 Market Capitalization: $160,742,647,053 Trading Volume: $6,943,790,222 Key Resistance Zones: $2,500, $3,300, $4,000 Key Support Zones: $2,000, $1,500, $1,000 Ethereum (ETH) Price Analysis October 22, 2021 Ethereum (ETH) is in a sideways trend as the...

Key Highlights BTC price is confined between $18,800 and $19,900 price levels A price rebound or  breakdown is imminent Bitcoin (BTC) Current Statistics The current price: $19,201.89 Market Capitalization: $403,328,050,500 Trading Volume: $15,724,931,862 Resistance Levels: $50,000, $55, 000, $60,000 Support Levels: $25,000, $20,000, $15,000 Bitcoin (BTC) Price Analysis October 22, 2021 Bitcoin...

The basic definition of a cryptocurrency—a fluctuating internet asset—is known to the majority of people. Some people, though, are still in a tohu-bohu state. Many of the questions that have remained for years are related to the creation or distribution of Bitcoin, the person or people who invented it, or even the lexicon it uses. […]

XRPUSD seems to be recovering from the bearish trend in the market. There was a long struggle between the bears and bulls between $0.450 and $0.030. The demand for XRP rose significantly at the $0.300 demand level, leading to a rally. The market has ascended past $0.450. The market has retraced back to the major […]

Successful traders may differ in their trading strategy, but they do have one thing in common. Pro traders have learned to manage key emotions that affect their results. Here’s how you can do the same. Finding and properly following a proven trading strategy is one of the most important steps to becoming a successful stock […]

Plexus Holdings Plc shares (LSE:POS) have gone haywire, causing chaos and panic as bulls become more hopeless and bears rake in more and more profits. The current bearishness in the market is expected to continue for the next several months. The ADX period 14 is around level 60, which shows that there is a huge […]

Scancell Holdings Plc stock (LSE:SCLP) has shown a clear willingness to break the resistance zone at 14.00, and after that will skyrocket. This is good news for investors. In the short-term, the EMA 21 is sloping upwards and price is making effort to remain above it. There is an immediate resistance level at 14.00, which […]