Service for copy trading. Our Algo automatically opens and closes trades.
The L2T Algo provides highly profitable signals with minimal risk.
24/7 cryptocurrency trading. While you sleep, we trade.
10 minute setup with substantial advantages. The manual is provided with the purchase.
79% Success rate. Our outcomes will excite you.
Up to 70 trades per month. There are more than 5 pairs available.
Monthly subscriptions begin at £58.
Key Resistance Zones: 3300, 3400, 3500
Key Support Zones: 2800, 2700, 2600
Shanghai SE Composite Index (SHCOMP) Long-term Trend: Ranging
SHCOMP has been fluctuating between levels 3200 and 3400 since July. In September, the price is trading above the support line to break it. The index will trend if price breaks below it. Otherwise, the price fluctuation will linger on.
Daily Chart Indicators Reading:
SHCOMP is at level 39 of the Relative Strength Index. The index is in the downtrend zone and below the centerline. The 21-day SMA and 50-day SMA are sloping sideways indicating the sideways trend.
Shanghai SE Composite Index (SHCOMP) Medium-term Trend: Ranging
On the 4- hour chart, the index is in a sideways move. The price is also fluctuating between levels 3200 and 3400.The small body candlesticks describe the indecision between buyers and sellers.
4-hour Chart Indicators Reading
SHCOMP is below the 20 % range of the daily stochastic. It indicates that the market is in a strong bearish momentum. Besides, the price has fallen into the oversold region of the market. The 21-day SMA and the 50-day SMA are sloping sideways indicating the sideways trend.
General Outlook for Shanghai SE Composite Index (SHCOMP)
SHCOMP is still trading between levels 3200 and 3400. It is yet to trend as the market continues to fluctuate within a confined range. The price action is characterized by small body candlesticks. One reason why the index is not trending.
Note: Learn2.Trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results
- Broker
- Min Deposit
- Score
- Visit Broker
- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
- FCA & Cysec regulated
- 20% welcome bonus of upto $10,000
- Minimum deposit $100
- Verify your account before the bonus is credited
- Over 100 different financial products
- Invest from as little as $10
- Same-day withdrawal is possible
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus