When the Market MovesGains are made only when price moves. No price movement; no gains. While we cannot be sure of the next market volume and volatility, there are principles that can help us achieve our goals, no matter what the market does. Pay attention to buying and selling pressure, relative to price movements and […]
Bitcoin SV Price Analysis – April 13 An increase in the bulls’ momentum may push up the coin to $311 level, which may increase the price to $364 and $410 resistance level. In case the bears exert more pressure and the price close below the support level at $259, then, the price may decrease further […]
The sudden rise in the pair came after the UK economy partially reopened today. This includes open areas in pubs and restaurants, barbershops, gyms, and minor stores that have opened for the first time in months. Investors have taken note of the sustainability of economic growth as the country entered the next phase of its […]
The race by companies in the US to attain approval to launch a Bitcoin (BTC) exchange-traded fund (ETF) continues to intensify, as Mike Novogratz’s Galaxy Digital files with the US SEC. If it gains approval from the regulator, the Galaxy Bitcoin ETF will trade on the NYSE Arca exchange. Galaxy Digital, which is based in […]
Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 GBP/USD Price Long-term Trend: BearishGBP/USD has been in a downward move after its rejection from level 1.4200. After the initial fall, the Pound is making a series of lower highs and lower lows. On March 5, a retraced candle body tested the 61.8% Fibonacci […]
US Oil rallies today and it seems determined to come back higher. It’s traded at 60.61 at the time of writing and it could hit new highs soon. As you already know, the price was into a corrective phase after reaching the 67.94 level. Technically, the price of oil ended its short-term corrective phase and […]
Ethereum Classic (ETC) appears to be taking a break from its recent rally to the $21.53 all-time high and is trading down at -2% at press time. On the year-to-date scape, the ETC is currently trading up by +260%, significantly more than Bitcoin (110%) and Ethereum (190%). At the end of March, the Ethereum Classic […]
Key Support: 149.50 Key Resistance: 153.00 The British Pound has been vey strong since it retested the 133 level back in September 2020, rallying more than 15.30% from the lows to the highs of last week without having enormous pullback. The biggest one was back at the beginning of March when the GBPJPY retraced 2.70%. […]
Key Support: 1736 Key Resistance: 1756 I´m very bullish precious metals at the moment since Gold dipped to retest the 1675 level where I got my first buy. Right now Gold is retesting the 1736 level that was broken last week. This level is KEY because it´s capping the downside in Gold in the short […]
