Technical Analysis

A TRUTH ABOUT TRADING A couple of things in life that I really don’t look forward to are: 1. when they draw blood for my semi-annual health checkup and 2. when I have to go to the doctor. Yet, when I think about it, not going could be a lot worse than going. I don’t […]

Plexus Holdings Plc shares (LSE:POS) have been banned from the distribution territory at 10.00, so to speak. Price has been trending downwards since the past several months, and this is a scenario that will hold out for the long-term. The ADX period 14 is at the level 40 (signifying a serious momentum in the market), […]

Tern Plc stock (LSE:) stock (LSE:TERN) is a bear market. Buyers have constantly been whipsawed, while price remains treacherously downwards. TERN is currently trending below the EMA 21, while the William’s % Range period 20 is not far from the oversold territory. The market is very weak and we will continue to witness whipsaws to […]

Get Ready as Ethereum’s Merge Is Anticipated For Mid-September What to expect from Blockchain.com during the Ethereum merge What is this merge all about? It is an upgrade of the Ethereum blockchain network in a bid to change from the conventional system of proof of work (PoW) to proof of stake (PoS). The main idea […]

As cases coming from Crypto issuers in the US continues to flow in, SEC is making arrangements to establish offices that will offer a special kind of assistance to the already existing offices that are charged with the responsibility of looking into issuer cases. The Security Exchange Commission declared its plan of establishing two offices, […]

With the US Dollar Index trading at a multi-year high and the EURUSD currency pair now at parity, some question how much further the greenback can rise. We’ll consider the fundamental, technical and political factors that could shape the future direction of exchange rates. Fundamental factors Factors that could strengthen the Dollar In the near […]

Synairgen Plc stock (LSE:SNG) is not attractive at all. The market has long been in what can be called a frustrating equilibrium state. And this is not something that will end soon, as the sideways movement has been going on for several months. The ADX period 12 is around the level 20, which shows a […]

Avacta Group Plc shares (LSE:AVCT) are decidedly weak, and the current bearishness in the market, especially in the near-term, has really scuttled buyers’ effort. Their hope has been dashed, as explained below. Price is essentially below the EMA 21 and the William’s % Range period 20 is in the oversold region. This is a bearish […]

The massive ripple sell-off, recording more than 500 days, is nowhere near its end. The market’s fiery downtrend momentum is still very much intact. The bull’s last major attempt was on April 14 2021, when the XRP market hit a high of $1.83375, and from that point, the XRP price further declined by 80%. Fresh […]

Since BTC/USD falls below the $20,000 price resistance level on the 26th of August, it has been a struggle to get above the price level. The price pull between demand and supply has kept the market flat, ranging from around $19,700 until today. Bitcoin will likely consolidate at around $20,000 for a while before finding […]