Technical Analysis

Last night FOMC statement did not have a significant influence on the markets, investors were struggling to find anything bullish or bearish in the statement. Basically the Fed is not sure whether to raise rates, do nothing or cut rates. The committee is not concerned about a significant slowdown in economic growth. That would be […]

BTCUSD Medium-term Trend: Bullish   • Resistance levels: $7,000, $7,200, $7,400 • Support levels: $5,000, $4,800, $4,600   Yesterday, April 9, the price of Bitcoin was in a bearish trend. The price fall was as a result of the $5,300 resistance level. The bulls could not make further progress as a result of this hurdle. […]

Learn what makes both approaches to financial analysis so unique and which one might be the right for you in this brief guide. What images does the phrase “financial analysis” evoke in your mind? If it’s a series of complex chart patterns and technical indicators, then you would be glimpsing into the daily life of […]

ETHUSD Long-term Trend – Bullish     Distribution territories: $190, $200, $210 Accumulation territories: $120, $110, $100     Ethereum’s price has been rising against the US dollar in the last few trading sessions of the week. The cryptocurrency is, however, still trading within the boundaries of a specific range.     On April 2, the […]

FTSE 250 stock (FTSE:MCX) has become ready for a strong bullish movement. The bullish attempts have particularly been made in recent times, as further pushes were rejected around the supply level at 20,000.0, followed by bearish corrections, followed by bullish effort. This time around, the bullish effort is going to succeed and price will break […]

Apple shares (NASDAQ:AAPL) are already in a bullish trend. The trend has been ongoing for about 3 months and it is supposed to continue for the next several months (though there may be pullbacks and pauses along the way). The market is moving above the EMA 21 and the Williams’s % Range period 20 is […]

BTCUSD Medium-term Trend: Bullish   • Resistance levels: $7,000, $7,200, $7,400 • Support levels: $4,900, $4,700, $4,500   Yesterday, April 4, the price of Bitcoin was in a bullish trend. The BTC price was ranging above the $4,900 price level as it encountered resistance at the $5,200 price level. On April 2, the BTC price […]

XRPUSD Medium-term Trend: Bullish   • Resistance Levels: $0.56, $0.58, $ 0.60 • Support Levels: $0.30, $0.28, $0.26   The XRPUSD pair is now in the bullish trend zone. Yesterday, it was assumed that a price breakout will enable the bulls to break the $0.32 and $0.33 resistance levels. Today, the crypto’s price encountered a […]

BTCUSD Medium-term Trend: Bullish   • Resistance levels: $7,000, $7,200, $7,400 • Support levels: $3,900, $3,700, $3,500   On February 25, the bulls broke the 12-day EMA, the 26-day EMA, and the $3,800 price level to reach the bullish trend zone. The BTC price had been trading between the levels of $$3,800 and $4,000 since […]

ETHUSD Long-term Trend – Ranging   • Distribution territories: $170, $190, $210 • Accumulation territories: $100, $80, $60   Ethereum’s price has in the long run seen its outlook remain ranging around the same zones. Currently, ETH is fluctuating around the $140 mark, and has been since the first few trading sessions of the week. […]