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.
Resistance Level: 7500, 7600, 7700
Support Level: 7300, 7200, 7100
FTSE 100 (UKX) Long-term Trend: Ranging
FTSE 100 is in a sideways trend as it approaches the high of 7423.42. The index price has broken above the moving average lines. Buyers intend to push UKX to retest the overhead resistance at level 7600. Since January 2022, FTSE 100 has been in a sideways trend. Buyers have failed to break above the overhead resistance at level 7600. Today, UKX is trading at level 7423.42 at the time of writing.
Daily Chart Indicators Reading:
UKX is at level 61 of the Relative Strength Index for 14. It indicates that the index is in the bullish trend zone and may further rise. The 21-day SMA and 50-day SMA are sloping horizontally indicating a sideways trend. UK’s price bars are above the moving average lines indicating a further upward movement of the coin.
FTSE 100 (UKX) Medium-term Trend: Bullish
On the 4-hour chart, UKX is in an upward move as price breaks above the moving average lines. The uptrend has risen to the overbought region of the market. The current trend may face rejection at the high of level 7600.
4-hour Chart Indicators Reading
The index is above the 80% range of the daily stochastic. It indicates that the market has reached the overbought region. The current trend has reached bullish exhaustion. Sellers are likely to emerge in the overbought region. The 21-day and 50-day SMAs are sloping upward indicating the uptrend.
General Outlook for FTSE 100 (UKX)
FTSE 100 (UKX) is in an uptrend as it approaches the high of 7423.42. The overhead resistance at level 7600 has not been broken since January.
You can purchase crypto coins here: Buy LBlock
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
- Min Deposit
- 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
- The Lowest Trading Costs
- 50% Welcome Bonus
- Award-winning 24 Hour Support
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus