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Bitcoin (BTC) Breaches More Resistances, Attempts To Terminate Downtrend

11 Jan 2020 @ 11:50
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish Yesterday, the bulls made an impressive move as the bulls reach a high of $8,400. The coin was resisted and the price retraced to a low of $7,800. The support is holding which was previously a resistance […]
 

Annual Forecast for Facebook (FB) – 2020

01 Jan 2020 @ 17:45
Facebook shares (NASDAQ:FB) are a bull market despite the current short-term weakness. The current bullishness started in October 2019, as price grinds higher and higher, albeit with low momentum. ADX 14 is at the level 20 (low momentum), and DM- is intertwined with DM+ as one is not clearly above the other. The market is […]
 

Cosmos (ATOM) Bounces But Struggles At $4.50 Resistance

01 Jan 2020 @ 17:30
Key Resistance Levels: $5, $6, $7 Key Support Levels: $3, $2, $1 ATOM/USD Price Long-term Trend: Bullish Cosmos is now in a bull market. Currently, the coin is trading below the $4.50 resistance. In retrospect, the bear market was terminated at a low of $2 and the coin rebounded. The upward move was resisted at […]
 

EURUSD Rallies Maintain Upside Momentum Close To The Price Level At 1.1200

01 Jan 2020 @ 17:16
EURUSD Price Analysis – December 30 The EURUSD pair spiked to the highest level since mid-August at the price level of 1.1211 and entered the consolidation phase. At the time of writing, the pair was ranging near the price level of 1.1200, adding 0.2% per day. Key Levels Resistance Levels: 1.1515, 1.1450, 1.1280 Support Levels: […]
 

Stellar (XLM) Pullback Inconclusive, Further Selling Pressure Likely

25 Dec 2019 @ 20:52
Key Resistance Levels: $0.09, $0.10, $0.11 Key Support Levels: $0.06, $0.05,$0.04 XLM/USD Long-term Trend: Ranging Stellar has been relatively slow in price movement. On December 17, the coin fell to a low of $0.042. In defense of the current low, the price pulled back to a high of $0.046. The price movement has been insignificant as […]
 

Europa Oil and Gas Plc price analysis: EOG begins a rally that may culminate in a Golden Cross

19 Dec 2019 @ 13:49
Europa Oil and Gas shares (LSE:EOG) has started a strong rally in the context of an uptrend and that may result in a Golden Cross, i.e. when price crosses the EMA 200 to the upside. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50 and 200. The color that stands […]
 

XRP Price Deepens At The Oversold Region As Buyers Emerge

19 Dec 2019 @ 11:47
Key Resistance Levels: $0.30, $0.40, $0.45 Key Support Levels: $0.25, $0.20, $0.15 XRP/USD Long-term Trend: Bearish Ripple has depreciated further and it is now trading at $0.18 at the time of writing. The price was previous fluctuating between the levels of $20 and $0.23. It was assumed in the previous analysis that if the bears […]
 

GBPJPY Reverses To The Downside In A Corrective Move

19 Dec 2019 @ 11:36
GBPJPY Price Analysis – December 18 Since the trading session on Tuesday, the currency pair has fallen by almost 303 basis points against the Japanese yen. As for the near future, the GBPJPY exchange rate may recover on a cluster formed by the daily trend line at 143.07. If the cluster holds, a reversal is […]
 

Sterling Advances Barely Hours To UK Elections As Latest Poll Predicts Conservatives Win

11 Dec 2019 @ 22:40
In just hours from now, a major event that will set the trend for the currency market for the year 2020, the UK elections will be held. In the face of a Brexit extension, UK prime minister had pushed for an earlier election in the hopes of having a majority conservatives win in the parliament […]
 

Bitcoin Cash (BCH) Holds At The Bottom, Is The Consolidation Ongoing?

11 Dec 2019 @ 21:41
Key Resistance Levels: $275, $300, $325 Key Support Levels: $200, $160, $120   BCH/USD Price Long-term Trend: Ranging Bitcoin Cash had been trading in the large price range between the levels of $200 and $240. Presently, the coin is now fluctuating at the bottom of the chart. In retrospect, the bulls break the $240 resistance line and […]
 
 
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