Investing Advice

Ethereum Price Medium-term Trend: Ranging     Supply zones: $600, $650, $700 Demand zones: $300, $250, $200   ETH is still in a ranging scenario in the medium-term outlook. Rejection to further downward movement occurred at the 50-day EMA. The formation of a spinning top a reversal candlestick pattern brought the bulls back. A large […]

BTCUSD Long-term Trend – Bullish     Distribution territories: $8,500.00, $9,500.00, $10,500.00. Accumulation territories: $6,000.00, $5,000.00, $4,000.00.   Bitcoin’s market value has seen a sharp and tremendous increase this week. The cryptocurrency made strong northbound movements after making corrections caused by the bears’ selling pressure. The bulls now seem to be in...

Ethereum Medium-term Trend: Ranging   Supply zones: $700, $750, $800 Demand zones: $350, $300, $250   Ethereum is ranging in the medium-term outlook. The bulls failure for further upward price push above the $506.65 in the supply area after retesting the broken support now demand zone at $491.74 returned the bears back to the market. […]

BTCUSD Long-term Trend – Bearish     Distribution territories: $7,500.00, $8,500.00, $9,500.00. Accumulation territories: $5,500.00, $4,500.00, $3,500.00.   Bitcoin’s price has been undervalued against the US dollar this week. The cryptocurrency saw its value rise last week The pair began falling on July 8 while it met some strong distribution territories that were difficult to...

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish In the long-term, the pair is bearish, and last week was bearish too. Price dropped by 140 pips, moved briefly below the support line at 1.1650, and then closed above it. This week, there could be a test of the support lines at 1.1650 […]

USDCHF generally ranged from May 2018 until last week, and owing to a sudden surge of stamina in USD, price skyrocketed, reaching the high of 1.0066. The test of that high is significant because the last time price reached that level was May 2017. What happen in May was followed by a protracted bearish movement. […]

Bahamas Petrol shares (LSE:BPC) has been going upwards since it broke upwards significantly in early May, 2018. Before then, price was in a tight consolidation, forming a strong base. In the context of a bullish movement, price ranged in June, only to begin to go further northwards seriously in July. 4 EMAs are used for […]

Gulf Keystone stock (LSE:GKP) is a bull market. Price has been going seriously upwards since March 2018, and that is just the beginning of what will turn out to be a long-term bull market. In effort to make new highs, price has recently broken the upper Trendline to the upside, going further and further upwards. […]

BTCUSD Long-term Trend – Bearish     Distribution territories: $8,000.00, $9,000.00, $10,000.00. Accumulation territories: $5,000.00, $4,000.00, $3,000.00.   Bitcoin’s market value was previously suffering a considerable against the US dollar, but this week it has been able to rebound. The rebounding effect notably started on June 29, last month. The bears have in the past...

Ethereum Medium-term Trend: Bullish     Supply zones: $550, $600, $650 Demand zones: $350, $300, $250-   Ethereum remains in a bullish trend in the medium-term outlook. The formation of bullish candles at the 50.0 fib level was good confirmation for the bulls as price was pushed up to $482.12 in the supply area.   […]