The world’s largest cryptocurrency exchange, Binance, is reportedly under investigation by the US Commodity Futures Trading Commission (CFTC) for letting residents trade derivatives without having the necessary registration. Although the CEO of the company, Changpeng Zhao, has come out to call the accusation a “FUD,” it didn’t stop the cryptocurrency market from taking the news […]
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. In March, the price is making a series of higher highs and higher lows. On March 5 uptrend; a retraced candle body tested the 61.8% Fibonacci retracement level. The retracement indicates that the USOIL will rise to […]
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 pair is presently retracing because the market has reached the overbought region. However, the Yen has been trading in the overbought since February 5. The price has been fluctuating on the upside […]
EURJPY Price Analysis – March 12 EURJPY has declined rapidly after ascending to the high level at 130.34 level during the early European session on Friday. The currency pair breached the 130.00 psychological zones to hit a fresh intraday high at 130.34 marks. Investors were not convinced by the ECB’s report and are worried about […]
Bridge Oracle, a TRON-based public oracle, announced yesterday that it has finally launched its mainnet. The project, which has gotten described as the first-ever public oracle project on TRON’s blockchain, will enable users of the blockchain to deploy real-world dApps on TRON. A spokesperson from Bridge Oracle noted that “the mainnet launch will allow you […]
Key Resistance: 1.2570 Key Support: 1.2520 There`s no need for long term view on this trade other that we are trend following here on a massive bearish market. 15M Chart Analysis Pretty simple and slam dunk day trade on the USDCAD here if price breaks with the immediate structure (bull flag) Price has rallied to […]
Key Support: 69.00 Key Resistance: 69.90 – 70.90 Long Term View We´ve been looking at Brent for the past couple of weeks and looking for the opportunity to go long to ride this very bullish move. From the highs Brent retraced back 6.8% and bounced from the weekly pivot. 15M Chart Analysis During the Asian […]
BNBUSD Price Analysis – March 12 There is the possibility for the price increase if the bulls increase their pressure and the $311 level do not hold, then, the resistance level at $364 and $450 is likely to be tested. The breaking down of the $254 price level will expose the coin to $196 and […]
Key Resistance Levels: $40, $42, $44Key Support Levels: $30,$28,$26 Polkadot (DOT) Price Long-term Trend: RangingDOT price is presently stuck below $38 for the past two days. The coin is now fluctuating between $36 and $38. Buyers were able to push the crypto to the high of $40 but could not sustain the uptrend. The price […]
