Technical Analysis

Ethereum Price Medium-term Trend: Ranging   Supply zones: $400, $450, $500 Demand zones: $150, $100, $50   ETH continues in the range in its medium-term outlook. The strong bearish pressure broke the $217.08 point twice in the lower demand area of the range, but the bull brought ETH back into the range – initially to […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This pair has become bearish, especially in the short-term. Last week, price went sideways from Monday to Wednesday and then dropped sharply on Thursday and Friday. The drop was 170 pips, and it was enough to bring about a near-term bearish outlook on the […]

BTCUSD Long-term Trend – Ranging   Distribution territories: $7,500, $8,500, $9,500. Accumulation territories: $6,000, $5,000, $4,000.   Earlier this week, on September 23, Bitcoin saw its value drop against the US dollar until September 25. The cryptocurrency then on September 27 saw its price surge, which changed its initial bearish conditions to enter a ranging […]

The rally paused, the S&P 500 is pulling back. The reason for the pullback could be due to the high oil price and rising bond yields. Trump said he wants a lower oil price and he has a good reason, high oil prices fuel inflation. Recently we have seen rising inflation in emerging markets, could […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bullish The current bias on the market is bullish, but the bullishness is not very strong. Price consolidated in the first few trading days of last week, and went higher on Thursday. The outlook on the market remains bullish for this week, and thus, buying […]

BTCUSD Long-term Trend – Bullish   Distribution territories: $7,500, $8,500, $9,500. Accumulation territories: $6,000, $5,000, $4,000.   Bitcoin suffered a considerable downturn against the US dollar within the first and the second trading day sessions of this week. The downturn that occurred on September 17, in the market price value of the crypto was so […]

Ethereum Price Medium-term Trend: Ranging   Supply zones: $400, $450, $500 Demand zones: $150, $100, $50   ETH continues in the range in its medium-term outlook. The bearish pressure within the range was strong as ETH dropped to $196.00 in the demand area despite the railroad formation that should have brought about a bullish rally. […]

BTCUSD Long-term Trend – Bullish   Distribution territories: $7,600, $8,600, $9,600. Accumulation territories: $6,000, $5,000, $4,000.   Bitcoin’s price went down to a low in the $6,100 territory on September 8. Earlier this week, on September 9, the cryptocurrency started seeing a series of lower highs towards the territory of $6,400, until September 12. The […]

Here’s the market outlook for the week: EURUSD Dominant bias: Neutral The bias on EUR/USD has essentially turned neutral, as price has not made any significant upwards or downwards movement in the last several trading days. There is a resistance line at 1.1750, and there is a support line at 1.1500. Either the resistance line […]

TIMELY EXIT “Successful Trading Is Not About Being Right.” – VTI What is your tolerance for pain? Consider the following scenario. You have 10% of your account balance on the line. For the past two days, prices have been going in the direction you had anticipated, but today, an announcement was made that caused a […]