Azeez Mustapha

Ethereum Price Medium-term Trend: Ranging     Supply zones: $400, $450, $500 Demand zones: $150, $100, $50   ETH is ranging in the medium-term outlook. The strong bullish pressure was sustained at the 61.8 fib level, then the cryptocurrency saw upward price movement to $304.99 in the supply area. The formation of a bearish hammer […]

BTCUSD Medium-term Trend: Bullish   Resistance levels: $6,500, $6,600, $6,700 Support levels: $6,300, $6,200, $6,100   The BTC price was in a bullish trend yesterday and the price reached the high of $6,484.60 but was resisted by the bears.   On August 9th, the BTC price had attempted to break the resistance level at $6,585.60 […]

BTCUSD Medium-term Trend: Ranging Resistance levels: $6,400, $6,500, $6,600 Support levels: $6,400, $6,300, $6,200   Yesterday, August 9th, the BTCUSD pair was in a bearish trend. Yesterday, the price was approaching the $6,000 price and it was assumed that the bulls would defend the support level at $6,000. This was based on the fact that […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish After consolidating in the months of June and July, 2018, the market has resumed its bearish journey, which it started in April 2018. Last week, price dropped roughly 200 pips, and it has dropped more than 1000 pips since April. This is a bear […]

Ethereum Price Medium-term Trend: Ranging     Supply zones: $500, $550, $600 Demand zones: $200, $150, $100   ETH returns to the range in the medium-term outlook. The bearish momentum was sustained until the price was down to $346.35 in the demand area.   The opening 4-hour candle at $355.63 was bullish and the cryptocurrency […]

ETHUSD Long-term Trend – Bearish Distribution territories: $600, $650, $700. Accumulation territories: $350, $300, $250.   Ethereum lost a considerable amount of value against the US dollar last week. The cryptocurrency, in its first trading day, got weakened to a bit above the accumulation territory of $450 and the bears took that advantage of it […]

GOLD (XAUUSD) Dominant Bias: Bearish Gold has ended its recent short-term neutrality by dropping 5000 pips in July. In fact, the current dominant bearish bias started on April 11 (following a long period of a boring, choppy market), and price has dropped over 15,000 pips since then, resulting in a Bearish Confirmation Pattern in the […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish As the beginning of last week, the pair saw a considerable increase throughout its first and second days of trading. Price later dropped below the resistance line at 1.1600, closing below it (and that signified a drop of more than 170 pips from last […]

Bitcoin Price Medium-term Trend: Bearish   Resistance levels: $7,600, $7,700, $7,800 Support levels: $7,400, $7,300, $7,200   Yesterday, August 1, the BTC price was in a downward trend. Today, the price of the cryptocurrency has reached the support level.   It is not likely price will break the support level of $7,400. If price did […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish The currency pair opened up the market with a bullish candlestick but after its four-hour formation started falling to the support price line at around 1.1654. After a while, price strived to push upwards towards the first immediate resistance found at 1.1750. Soon afterward, […]