Key Resistance Levels: $66.00, $70.00, $74.00Key Support Levels: $48.00,$44.00,$40.00 USOIL (WTI) Long-term Trend: BullishUSOIL is in an upward move. Today, WTI is trading at $79.50 at the time of writing. USOIL has been in an upward move for the past three months. According to the price indicator, USOIL is reaching bullish exhaustion. The RSI has […]
Key Resistance Levels: $66.00, $70.00, $74.00Key Support Levels: $48.00,$44.00,$40.00 USOIL (WTI) Long-term Trend: BullishUSOIL is in an uptrend but the upward move is facing another rejection. The initial resistance at $70 has been breached as the altcoin reached the high of $75. Today, buyers are struggling to break above the $75 high. The new high […]
Key Resistance Levels: $66.00, $70.00, $74.00Key Support Levels: $48.00,$44.00,$40.00 USOIL (WTI) Long-term Trend: BullishUSOIL has been in an upward move. Buyers are pushing WTI to break the previous high of $76. The uptrend is making a series of higher highs and higher lows. Since July, buyers have not been able to push above the overhead […]
Key Resistance Levels: $66.00, $70.00, $74.00Key Support Levels: $48.00,$44.00,$40.00 USOIL (WTI) Long-term Trend: BullishUSOIL has been in an upward move. The index has reached the high of level $73.11 but faces resistance at the recent high. In the previous price action, WTI reached a high of $74 but faces stiff rejection. The market dropped sharply […]
Key Resistance Levels: $66.00, $70.00, $74.00Key Support Levels: $48.00,$44.00,$40.00 USOIL (WTI) Long-term Trend: BullishUSOIL is in an uptrend but the upward move is facing resistance at level $70. Since September 2, WTI has been in a sideways move as bulls fail to break above the $70 high. If buyers break above the resistance level, the […]
Key Resistance Levels: $66.00, $70.00, $74.00Key Support Levels: $48.00,$44.00,$40.00 USOIL (WTI) Long-term Trend: BullishUSOIL is in an uptrend. The uptrend was interrupted at the high of level $76. USOIL was compelled to resume a downward move. The downtrend has ended at level 2.618 Fibonacci extension or level $62. The market has since resumed upward. WTI’s […]
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 an upward move. The index has reached a high of $68.25. The index price has broken the 21-day SMA and it is approaching the 50-day SMA. A break above the moving averages will propel the index to reach the […]
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 as price reaches the low of $61.92. The downtrend has been ongoing since July 6. On August 9, the WTI made an upward correction to $69 high which was repelled. This correction signal another round of […]
Key Resistance Levels: $66.00, $70.00, $74.00Key Support Levels: $48.00,$44.00,$40.00 USOIL (WTI) Long-term Trend: BearishUSOIL has continued its downward move. WTI has earlier fallen to the low of $66 on two occasions but the price corrected upward. Following the correction to $69, on August 11, the selling pressure resumed in earnest. WTI fell to $66 lows […]
