Technical Analysis

Key Highlights Litecoin plunges to $51 low and corrected upward LTC risks further downward move as price reaches overbought region Litecoin (LTC) Current Statistics The current price: $52.49 Market Capitalization: $3,453,939,467 Trading Volume: $2,849,880,504 Major supply zones: $70, $80, $90 Major demand zones: $50, $30, $10 Litecoin (LTC) Price Analysis November 3, 2020 Litecoin has […]

Hello Traders: The 2020 United States presidential election is here and traders are expecting high volatility in the markets.   My Take Nothing unusual and nothing extraordinary will happen in the markets. The markets don’t surprise people when they’re looking out for such; surprises come only when people don’t expect them. An informational traffic sign […]

Tern Plc shares (LSE:TERN) have experienced a serious bullish breakout, and this is just the beginning of a long-term bullish movement. Price was trending downwards from June 2020, almost to the end of October 2020. However, there has been a significant bullish breakout at the end of October – something that is expected to continue […]

Optibiotix Health Plc stock (LSE:OPTI) has collapsed again and it is going further and further downwards. Price has tested another great demand level and it may even reach another all-time lows. In the last several months, the stock has swung high and low. Currently, it is collapsing, after trending higher in early October 2020. It […]

Key Resistance Levels: 1.0800, 1.0900, 1.1000 Key Support Levels: 1.0600, 1.0500, 1.0400 EUR/CHF Price Long-term Trend: Ranging EUR/CHF has been on a downward move since September 25. On October 15 downtrend; a retraced candle body tested 78.6 % Fibonacci retracement level. This indicates that the pair will fall and reach a low of 1.272 and later […]

EURUSD Price Analysis – October 26 Growing fears of a surge in Europe Covid-19 cases may slowdown economic recovery as new infections trigger stricter measures and prompt investors into safety. EURUSD risks a deeper decline at the 1.1800 level as buyers repeatedly failed to make a sustained break above the daily cloud top around the […]

Ever since Facebook publicized its plans to develop a digital currency called Libra, central banks across the globe have tried to counter it with their cryptocurrency. While Facebook’s Libra has come under heavy scrutiny and regulatory obstacles, more than 80% of the world’s central banks are working assiduously to develop a central bank digital currency […]

Key Highlights Ethereum battles resistance at level $420 high The coin is likely to reach another high of $434 Ethereum (ETH) Current Statistics The current price: $415.57 Market Capitalization: $47,020,287,242 Trading Volume: $12,506,980,622 Major supply zones: $280, $320, $360 Major demand zones: $160, $140, $100 Ethereum (ETH) Price Analysis October 25, 2020 Following the breaking of...

EURJPY Price Analysis – October 16 EURJPY is accelerating from a low of around 123.00 as upside potential prevails over sellers for another session on Friday. The cross has so far managed to hold above the 123.00 level. Given the uncertainty, it would be a mistake to set an end date for the response to […]

Veterans of the markets generally agree that trading is largely psychological. That is one of the reasons why a trader with suboptimal strategy will trade profitably and another trader with a good strategy will be making losses. The method one trader uses to trader their way to financial freedom is what another trader uses and […]