26 Oct 2020 @ 04:46
Ever since Facebook publicized its plans to develop a digital currency called Libra, central banks across the globe have tried to counter it with their cryptocurrency. While Facebook’s Libra has come under heavy scrutiny and regulatory obstacles, more than 80% of the world’s central banks are working assiduously to develop a central bank digital currency […]
26 Oct 2020 @ 04:33
Key Highlights Ethereum battles resistance at level $420 high The coin is likely to reach another high of $434 Ethereum (ETH) Current Statistics The current price: $415.57 Market Capitalization: $47,020,287,242 Trading Volume: $12,506,980,622 Major supply zones: $280, $320, $360 Major demand zones: $160, $140, $100 Ethereum (ETH) Price Analysis October 25, 2020 Following the breaking of...
17 Oct 2020 @ 20:57
Veterans of the markets generally agree that trading is largely psychological. That is one of the reasons why a trader with suboptimal strategy will trade profitably and another trader with a good strategy will be making losses. The method one trader uses to trader their way to financial freedom is what another trader uses and […]
11 Oct 2020 @ 03:46
THE TECHNICAL ANALYST HAS BECOME AN ENDANGERED SPECIES According to Investopedia.com, technical analysis is a trading discipline employed to evaluate investments and identify trading opportunities by analysing statistical trends gathered from trading activity, such as price movement and volume. Unlike fundamental analysts, who attempt to evaluate a security’s intrinsic value, technical...
25 Sep 2020 @ 16:51
Over recent days, Bitcoin (BTC) has been forging a strong correlation to the equities market once again and it has been observed that this occurs usually when global uncertainty is rife. Currently, investors are wracked with fears over the dwindling prospects of second domestic stimulus measures in the US, coupled with the weaning possibility of […]
25 Sep 2020 @ 16:41
Key Highlights Ethereum has a fresh target price of $420 The coin is still battling the resistance at $390 Ethereum (ETH) Current Statistics The current price: $381.78 Market Capitalization: $43,016,171,550 Trading Volume: $12,067,100,125 Major supply zones: $280, $320, $360 Major demand zones: $160, $140, $100 Ethereum (ETH) Price Analysis September 20, 2020 From the rejection at […]
20 Sep 2020 @ 08:48
We trade to make profits, and therefore we hate losses and like profits. However, when we put losses in proper perspective, we would see it as occasional blessings in disguise. Losses can be a good thing if they make you evolve into a better and more effective trader. You will then be able to trade […]
20 Sep 2020 @ 08:42
LINK price making a series of lower highs and lower lows The market may fall to $4 low if the support at $9.50 is breached Chainlink (LINK) Current Statistics The current price: $11.01 Market Capitalization: $3,853,295,393 Trading Volume: $1,244,310,906 Major supply zones: $18.00, $20.00,$22.00 Major demand zones: $8.00, $6.00, $4.00 Chainlink (LINK) Price Analysis September […]
14 Sep 2020 @ 16:53
Synairgen Plc shares (
LSE:SNG) are expected to generate a bearish signal as a result of the current price action, which favors bears. The market largely trended sideways from April to July 2020, when it rose steeply to test the distribution territory at 250.00. After that, price met a stiff resistance around the distribution territory and […]
02 Sep 2020 @ 23:46
Gold (XAU/USD) traded through yesterday’s North American session with a mild negative bias and was last spotted trading around the $1970 level. The mild negative bias from yesterday continued into the European session on Wednesday after extending its overnight correction slide from its two-week highs. The bearishness was induced by a combination of factors. A […]