Key Resistance Levels: 0.7000, 0.7200, 0.7400Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: BearishNZD/USD pair is making a series of lower highs and lower lows. On March 5 downtrend; a retraced candle body tested the 38.2% Fibonacci retracement level. The retracement indicates that the Kiwi will fall to level 2.618 Fibonacci extension . […]
Key Resistance Zones: 14000, 14100, 14200Key Support Zones: 13400, 13300, 13200 NASDAQ 100 (NAS100) Long-term Trend: BullishNAS100 index is in an uptrend but it is currently retracing. The index may further decline. On February 23 downtrend, a retraced candle body tested the 61.8 % Fibonacci retracement level. The retracement indicates that the NAS100 index will […]
Key HighlightsEther faces rejection from $1,880The crypto may further decline to $1,735 Ethereum ETH) Current StatisticsThe current price: $1,794.91Market Capitalization: $206,243,886,534Trading Volume: $25,415,069,409Major supply zones: $2,000, $2,200, $2,400Major demand zones: $1,800, $51,600, $1,400 Ethereum (ETH) Price Analysis March 21, 2021 Yesterday, the bulls retested the $1,880 resistance zone which caused Ether to decline to $1,777.20 […]
“However, it is pleasant to win over the long term. Contrary to popular opinion, losses are part of winning. Take sports for example.” – Markham Gross A drawdown is the peak-to-trough decline during a specific record period of an investment, fund or commodity. A drawdown is usually quoted as the percentage between the peak and […]
Key Resistance Levels: $66.00, $70.00, $74.00Key Support Levels: $48.00,$44.00,$40.00 USOIL (WTI) Long-term Trend: BearishUSOIL is in a downward move after the rejection from $68 high. The price has fallen to the low of $58.25. The price has broken the 21-day SMA and it is approaching the 50-day SMA. The selling pressure will persist if price […]
BNBUSD Price Analysis – March 19 There is a possibility for the price to break out at the support level of $254 which may lead to further price decrease to $196 and $142. In case the support level of $254 holds, continuation of upward movement is possible, resistance levels of $311, $364 and$450 will be […]
Key Resistance Levels: 150.000, 152.000, 154.000Key Support Levels: 146.000, 144.000, 142.000 GBP/JPY Price Long-term Trend: BullishThe GBP/JPY is in a smooth uptrend. The uptrend has been characterized by small body candlesticks. Yesterday, the price retraced to level 151.45 low as the market commenced the resumption of the uptrend. The pair is already in the overbought […]
Key Resistance Levels: $40, $42, $44Key Support Levels: $30,$28,$26 Polkadot (DOT) Price Long-term Trend: RangingFor the past month, DOT has been in range-bound movement because of rejection at the recent high. The cryptocurrency is facing rejection at the $40 high. The crypto is fluctuating between $28 and $40. DOT will resume an uptrend if the […]
Key Resistance levels: $0.065, $0.070, $0.075Key Support Levels: $0.045, $0.040, $0.035 TRX/USD Long-term Trend: Ranging TRON price is correcting upward after the breakdown on February 23. The upward move is facing resistance at $0.055. If price breaks the current resistance, the altcoin will rise to retest the high of $0.065. On the other, if the […]
