Technical Analysis

Chevron stock (NYSE:CVX) has started a downturn following the recent bullish effort. The bearish downturn began in the middle of April 2019, and it has led to a “sell” signal. Price is now under the EMA 21, while the Williams% Range period 20 has moved into the oversold territory. That is a bearish signal which […]

LTC/USD Long-term Trend: Bullish   • Resistance Levels: $105, $110, $115 • Support levels: $100, $90, $80   The LTC/USD pair is in the bullish trend zone. On April 3, the LTC market had been trading below the $100 resistance level before it was broken. During the month of April, the LTC market fell to […]

The short-term outlook is in a bearish trend while the medium-term outlook is in a range-bound market. A breakout or a breakdown may occur, hence patience must be exercised trading the consolidation. XLM/USD Medium-term Trend: Ranging Supply zone: $0.2000, $0.2500, $0.3000 Demand zone: $0.0800, $0.0600, $0.0400 XLM remains in a range-bound market in its medium-term […]

Markets are plunging this morning after Trump imposed tariffs on all goods from Mexico. At the same time China released some economic news, the Chinese manufacturing PMI came in lower than expected. So global growth is the main concern this morning, shares are falling and bonds are rallying. US yields are making new lows, which […]

Peer-to-peer (P2P) networking is based on the principle of all participants being equal and it is on the basis of their digital crypto exchange, that Bitcoin in South Korea has soared to such great heights. These new levels were revealed on the charts of Coin Dance, a similar platform that provides statistics on Bitcoin and […]

Ripple (XRP) Price Analysis – May 25   In the past few days of trading, XRP/BTC market has remained to trade in a downward wave as the XRP/USD market follows a side-way movement. Meanwhile, the third largest cryptocurrency has a market cap valuation of $16.23 billion with a trading volume of $1.4 billion, as price […]

Recently, Binance announced on its Twitter page with a post that showed 2.0 graphic. There were no words with the post, just an image that was accompanied by a section of the logo of Binance. Now the question that many are asking is that precisely what does the graphics mean if it has any meaning […]

Exxon Mobil shares (NYSE:XOM) have started a bearish movement, which follows the recent bullish effort. The bearish movement is expected to become more and more significant over time. After the dip of December 2018, price rose significantly, moving towards the resistance level at 90.00. Price reached the peak in April 2019, and then began to […]

Alibaba Group stock (NYSE:BABA) is now in a precarious situation. The stock really made genuine bullish effort in recent times, but bear has come in to overpower bull, and things are now experiencing some downturn. From January 2019 to early May, price was going northwards; but further northwards movement has been rejected as price has […]

BCOUSD Price Analysis – May 19   The last weekly candle closed bullish; which implies that Brent crude Oil may further increase in price and target supply level of $79 as long as the Bulls increase their pressure.     BCO/USD Market Key levels: Supply levels: $79, $87, $98 Demand levels: $70, $64, $58, $49 […]