PLUS1
Technical Analysis
Annual forecast for Nasdaq 100 Index (2021)
Jul 28 2021 @ 22:50
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)
Jul 28 2021 @ 22:20
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
Jul 27 2021 @ 09:02
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. […]
EURJPY Hovers Past Mid 129.00 Level As EURO Limits Losses After ECB
Jul 27 2021 @ 08:54
EURJPY Price Analysis – July 27 The EURJPY cross stays on track to recover the prior day’s loss after a rebound from the mid 129.00 level during Friday’s European session. The selling pressure in the yen keeps the recovery in EURJPY well and sound at the FX market weekly close. The ECB meeting has helped investors maintain […]
Perfect Crypto Investment Strategies – Part 2
Jul 22 2021 @ 10:51
A POSITION TRADING STRATEGY FOR CRYPTOS As it has been said before, the best way to make money from viable cryptos is to buy and hold them forever, since investments that are worthwhile are also investments that appear in your will. Apart from a ‘buy and hold’ method of investing, there are other ways to make money […]
Bitcoin Whales Still Stacking Up Coins Despite Bear Market: Glassnode
Jul 22 2021 @ 10:40
Despite the recent crash below the critical $30k level by Bitcoin (BTC), on-chain metrics from Glassnode suggest that whales are still on binge acquisition mode. According to the analytics platform’s weekly report released yesterday, the benchmark cryptocurrency’s reserves on crypto exchanges are on a steady decline despite having turned bearish since its sustained drop below $36k. […]
Ripple (XRP) Plummets Amid Former Executive’s Selling Spree
Jul 15 2021 @ 01:37
Many Ripple (XRP) enthusiasts are familiar with the monthly XRP escrow release. The XRP escrow got designed to integrate predictability and stability to XRP. Meanwhile, a part of this monthly supply gets directed to former Ripple executive Jed McCaleb. However, instead of holding his newly-minted coins, McCaleb eagerly dumps his holdings into the market. Recent data shows […]
Ethereum (ETH) Price Analysis: Ether Recovers above $1,900, an Upward Move Likely
Jul 15 2021 @ 01:24
Key Highlights Ethereum reaches $1,863 low and pulled back The biggest altcoin has resumed an uptrend Ethereum ETH) Current Statistics The current price: $1,944.26 Market Capitalization:$226,595,023,679 Trading Volume: $17,616,407,906 Major supply zones: $2,800, $3,000, $3,200 Major demand zones: $2400,, $2,200, $2,000 Ethereum (ETH) Price Analysis July 14, 2021 Today, Ethereum reached the low...
Gold (XAUUSD) Recovers above Level $1,760 but Struggles to Break $1,800 High
Jul 10 2021 @ 13:47
Key Resistance Levels: $1,900, $1,950, $2000 Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: Bullish XAUUSD has resumed an upward move after falling to the low of level $1,760 on June 18. On June 29, the bears retested the support as Gold resumed upward. The implication is that the uptrend has resumed as price fails […]
Annual forecast for World Wrestling Entertainment (2021)
Jul 10 2021 @ 13:15
World Wrestling Entertainment stock (NYSE:WWE) gapped massively upwards in June 2021, but began to come down afterwards. A continuation of this downward movement can signal a clear bearish signal. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50, and 200. The color that stands for each EMA is shown at […]
