PLUS1
Technical Analysis
Gold (XAUUSD) Consolidates Above $1,720, Further Selling Pressure Is Likely
17 Aug 2021 @ 12:36
Key Resistance Levels: $1,900, $1,950, $2000 Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: Bearish Gold price is in a downward move. On August 9, the XAUUSD fell to $1,677 low and corrected upward. Today, the market has risen to a level $1,756 and a further upward correction. Meanwhile, on June 17 downtrend; a […]
XAGUSD Attempt at Further Recovery Stays Beneath $26.00
17 Aug 2021 @ 12:26
XAGUSD Price Analysis – August 17 Silver has made another attempt to climb higher and has recouped some of its previous losses, but the XAGUSD pair still has a long way to go before the buyers are secure. As buyers observe the gap between central banks and mixed greenback over its peers during times of heightened risk […]
Perfect Crypto Investment Strategies – Part 3
15 Aug 2021 @ 18:05
A NON-DIRECTIONAL (MARKET-NEUTRAL) CRYPTO TRADING METHODOLOGY It has been said often and often, that rule-based discretionary traders are the best traders on this planet. For you to be a winning trader, you need to abide by the Golden Rules of trading, which ensure your lasting success in the markets. Trading principles that work are timeless […]
Annual forecast for Ethereum (2021)
05 Aug 2021 @ 12:46
Ethereum market (COIN:ETHUSD) is currently bullish in the context of a medium-term uptrend. Price was bullish until the middle of May 2021 when it plummeted. But right now, buyers are pushing the price upwards again. 4 EMAs are used for this strategy and they are EMAs 10, 20, 50 and 200. The color that stands […]
Annual forecast for Bitcoin (2021)
05 Aug 2021 @ 12:33
Bitcoin price (COIN:BTCUSD) is bearish in the short-term, but bullish in the long-term. Price dropped massively in May 2021, and then consolidated until mid-July and then rose massively. The market is currently above the upper Trendline, and the RSI period 14 is also above the level 50, signifying a northwards propensity. The current bullish momentum […]
Investing in the Cryptocurrency Industry Based on Sectoral Divisions: A Complete Guide
03 Aug 2021 @ 22:04
With the growing boom in the cryptocurrency industry and the fear of missing out on a trending investment, many investors buy into crypto projects without knowing what they are or do. While cryptocurrencies are trendy and very profitable, it helps to know exactly what it is you are venturing into. In this article, we will […]
DeFi Coin (DEFC) Consolidates for a Stronger Hold Higher
03 Aug 2021 @ 21:46
DeFi Coin (DEFC) Price Analysis – August 2 After last month’s fall paused on the approach to daily cloud base and subsequent positive finish, the DEFC continues to consolidate its position in early August as recovery sustains, buyers are adding additional evidence to cement reversal. On July 31, the team said it will lock in […]
Annual forecast for Nasdaq 100 Index (2021)
29 Jul 2021 @ 12:50
Nasdaq 100 price (NASDAQI:NDX) is a clean bull market; a roaring bull market. The bullish bias has been existing since February 2021. This is a trend that is supposed to continue. Short selling is not recommended in this market as any pullbacks will eventually turn out to be opportunities to buy at lower rates, and […]
Annual forecast for Lloyds Banking Group (2021)
29 Jul 2021 @ 12:20
Lloyds stock (LSE:LLOY) was bullish from April 2021 till June 2021; when the price began to come downwards. The trend is bearish in the meantime and further downward movement is envisaged. Since June 2021, the market has been coming down gradually, and it has now formed a bearish bias. Although the ADX period 14 is […]
GBP/JPY Continues Downward Move, Trades at the Overbought Region at Level 152.00
27 Jul 2021 @ 23:02
Key Resistance Levels: 150.000, 152.000, 154.000 Key Support Levels: 146.000, 144.000, 142.000 GBP/JPY Price Long-term Trend: Bearish GBP/JPY pair is in a downtrend. The currency price is making a series of lower highs and lower lows. Today, the pair is approaching the overbought region at level 152.06. The selling pressure will resume in the overbought region. […]
