Key Resistance Levels: $80.00, $84.00, $88.00Key Support Levels: $66.00,$62.200,$58.00 USOIL (WTI) Long-term Trend: BearishUSOIL price breaks below the moving average lines as it holds above $85. On August 29, the upward correction failed to break above the 50-day line SMA. WTI declined as price broke below the moving average lines. WTI will resume selling pressure […]
Key Resistance Levels: $80.00, $84.00, $88.00Key Support Levels: $66.00,$62.200,$58.00 USOIL (WTI) Long-term Trend: BearishUSOIL is in an upward correction as it holds above the $91.10 low. The index breaks above the 21-day line SMA but it is below the 50-day line SMA. On the upside, if price breaks above the 50-day line SMA, the uptrend […]
Key Resistance Levels: $80.00, $84.00, $88.00Key Support Levels: $66.00,$62.200,$58.00 USOIL (WTI) Long-term Trend: BearishUSOIL is in a downtrend as it revisits the previous low at $83.76.The index fell to the low of $85.74 and pulled back. The upward correction is facing resistance at the 21-day line SMA. The 21-day line SMA has been acting as […]
Lucky Block Price Forecast – August 15The Lucky Block price forecast shows that the coin will spring up at the slightest push it gets from the market influencers. As a result, the price is seeking to stabilize from support to spring up. LBLOCK/USD Long-Term Trend: Bullish (30-Minute Chart)Key Levels:Supply Zones: $0.0006213, $0.00097160Demand Zones: $0.00045370, $0.00036600 […]
Key Resistance Levels: $80.00, $84.00, $88.00Key Support Levels: $66.00,$62.200,$58.00 USOIL (WTI) Long-term Trend: BearishUSOIL is in a downtrend as it revisits the $87.60 low. The implication is that the selling pressure will resume retesting the current support at $87.60. The downtrend will resume when price breaks below the current support. Meanwhile, on June 22 downtrend, […]
Key Resistance Levels: $80.00, $84.00, $88.00Key Support Levels: $66.00,$62.200,$58.00 USOIL (WTI) Long-term Trend: BearishUSOIL is in a downtrend as it holds above $90.54. WTI price is making a series of lower highs and lower lows. Each lower high is higher than the previous high. Today, the index is making a lower high of $101.87. USOIL […]
Key Resistance Levels: $80.00, $84.00, $88.00Key Support Levels: $66.00,$62.200,$58.00 USOIL (WTI) Long-term Trend: BearishOn July 19, USOIL is in a downtrend as it declines to level $87.74. The downtrend will resume if the bears break below the current support at $95.38. Meanwhile, on June 22 downtrend; a retraced candle body tested the 61.8% Fibonacci retracement. […]
Key Resistance Levels: $80.00, $84.00, $88.00Key Support Levels: $66.00,$62.200,$58.00 USOIL (WTI) Long-term Trend: BearishUSOIL is in a downtrend but it may face rejection at level 111.42. Presently, the uptrend is reaching the overbought region of the market. Sellers will emerge in the overbought region of the market. Meanwhile, on June 22 downtrend; a retraced candle […]
Key Resistance Levels: $80.00, $84.00, $88.00Key Support Levels: $66.00,$62.200,$58.00 USOIL (WTI) Long-term Trend: BearishUSOIL is in a downtrend as it may decline to $89.23. In the meantime, the index is making an upward correction. The current uptrend may face resistance at a high of $111. Thereafter the selling pressure may resume to the downside. Meanwhile, […]
