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.
Market Analysis: August 23rd
FTSE 100 sees sellers step out as buyers approach. The price is witnessing sellers step out of the race. This, therefore, is allowing buyers to make their way back into the market. The Bulls are showcasing their strength as they aim to reenter the game.
Technically, the key level of 7226.10 has remained unbroken for a considerable period. From this level, the bulls led the price up to a significant level of 7925.80. However, sellers gained dominance and pushed the market lower. In July, buyers regained control around the marked level below 7226.10.
FTSE 100:Key Levels
Resistance Levels: 7925.80, 7717.60
Support Levels: 7407.60, 7226.10
FTSE Long-Term Trend: Bullish
In August, buyers once again established a bottom near the 7226.10 level, indicating their intent to rise. As traders settle in, the bulls may attempt to reclaim their position. The Stochastic Oscillator indicates that buyers are building strength in the market. The MACD (Moving Average Convergence Divergence) is close to signaling the departure of the bears.
Traders should remain observant as sellers step out of the game. The Parabolic SAR indicator has yet to change direction as buyers make headway. On the daily chart, buyers should prepare for a bullish ride as the price trades above the significant level of 7407.60.
FTSE 100 Short-Term Trend: Bullish
Buyers are currently pushing for a breakthrough in the market. The Parabolic SAR indicator indicates a reversal in price as buyers take over. Traders should keep an eye out for a bullish trend as the trade progresses.
You can purchase Lucky Block 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.
- Broker
- Min Deposit
- Score
- Visit Broker
- 20% welcome bonus of upto $10,000
- Minimum deposit $100
- Verify your account before the bonus is credited
- Award-winning Cryptocurrency trading platform
- 14 Cryptoassets available to invest in
- FCA & Cysec regulated
Highly volatile unregulated investment products. No EU investor protection.
- Over 100 different financial products
- Invest from as little as $10
- Same-day withdrawal is possible
- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
- FCA & Cysec regulated
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus
