Technical Analysis

Key Resistance Levels: $275, $300, $325 Key Support Levels: $200, $160, $120   BCH/USD Price Long-term Trend: Ranging Bitcoin Cash had been trading in the large price range between the levels of $200 and $240. Presently, the coin is now fluctuating at the bottom of the chart. In retrospect, the bulls break the $240 resistance line and […]

Rockfire Resources Plc stock (LSE:ROCK) is in a very strong bullish trend, having broken out in November 2019, following a frustrating sideways movement. ADX period 14 is at the level 40, showing that the momentum in the market is very strong. DM+ is above DM-, showing that bulls have upper hands when compared to bears. […]

Canadian Overseas Petroleum Limited shares (LSE:COPL) are currently consolidating, in apparent weakness. A breakout is imminent. Looking at price more closely, it can be seen that the market is making weak attempts to rally, but that effort pales into insignificance when compared to the ongoing sideways movement. Bulls are intent on pushing price upwards but […]

GBPUSD Price Analysis – December 1 The pound had a positive prior week as traders anticipate to build the scenario for buyers to step in, and now it seems likely to continue on the upside. If we can exceed the crucial level on the level at 1.3012, it is likely that the pound sterling takes […]

USDCHF Price Analysis – November 26 The USDCHF reached a new daily high of the level at 0.9987 at the start of the European session but failed to maintain momentum as investors refrained from taking important positions pending further developments on the trade dispute between the United States and China. At the time of writing, […]

Key Resistance levels: $220, $240, $260 Key Support Levels: $160, $140,$120 BSV/USD Long-term Trend: Bullish Bitcoin SV is making a surprising upward move after surviving a downtrend from the overhead resistance at $150. The coin fell to a low of $92 and commenced a bullish move. The price upward move can be sustained if the […]

When we talk about cryptocurrency and Blockchain technology, we should be witnessing an infectious adoption on a global scale. These technologies can further enhance self-governance, thereby improving the security in the world. The obvious ensuing step that should be taken is a mainstream adoption of this technology. There are a good number of reasons why […]

Petrel Resources shares (LSE:PET) are in an uptrend, as price is trying to recover from its recent losses. The first target is the resistance level at 10.00 and the second target is at the resistance level of 20.00. Since the market moved above the upper Trendline in November 2019, the rally has become strong as […]

Investors have been handsomely rewarded as Eurasia Mining stock (LSE:EUA) records unbelievable profits, since it broke maniacally upwards in October 2019. The market was very flat and completely trendless, especially from June to October 2019, forming a base and frustrating investors. However, there has been a massive bullish breakout, making huge returns for investors. 4 […]

EURUSD Price Analysis – November 18 The bulls had full control today, moving the market up during the entire European session as the FX pair confirmed its breakout past the high of the prior session after trading up to 1.1068 above during the day. Key Levels Resistance Levels: 1.1501, 1.1412, 1.1278 Support Levels: 1.0989, 1.0879, […]