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Trade Ideas

Trade Ideas

Polkadot (DOT) Price Rebounds, Aiming for Higher Breakout

DOTUSD Price Analysis – February 25 With the Polkadot (DOT) price up to around 10% in 7 days and 0.24% in 24hrs, all eyes are on the coin to deliver further gains. After DOTUSD recovered from the weekly low of $25.82 level the pair looks to sustain the advance beyond the $35.54 daily high. At […]

9 hs

AUDUSD Bulls Stay Focused Beyond 0.8000 Thresholds on Upbeat Aussie Data

AUDUSD Price Analysis – February 25 The AUDUSD pair trades firm with a positive bias through the early European session on Thursday past the 0.8000 level. AUDUSD buyers stay focused beyond the 0.8000 thresholds confirming a 3 year high. The Aussie pair is boosted by upbeat data from Australia’s Private Capital Expenditure (Capex) data for […]

12 hs

Uniswap (UNIUSD) Price: Will There Be a Further Price Declination?

Uniswap Price Analysis – February 25 In case the bears were able to push the price down below the $23 price level, and the daily candle closes below the support level, then, the support level at $19 and $13 may be reached. Failure to break down the support level at $23, the price may continue […]

16 hs

FTSE 100 (UKX) Is in a Sideways Move, Unable to Break Level 6800

Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BullishFTSE 100 is making an upward move. The bulls have attempted to break the resistance at level 6800. Each time the UKX retests the recent high, the price will fall. Since January, the market has been in a range-bound move below […]

1 d

USDJPY Regains Positive Traction for the 2nd Day in a Row

USDJPY Price Analysis – February 24 USDJPY pair is trading at daily highs past the 106.00 level while extending its upside bias further. After Fed Chair Jerome Powell on Tuesday reiterated a very dovish policy stance on the economy, the USD downside risk has more or less dissipated and the current movement is viewed as […]

1 d

DOGE Struggles To Sustain Upside Bias Beyond the $0.050 Confluence Zone

DOGEUSD Price Analysis – February 24 The ‘Meme Coin’, Dogecoin (DOGE) price rebounded from the recent dip to $0.0408 in the prior day. Despite the recovery, DOGE is not out of the woods yet, especially with technical and on-chain barriers insight. At press time, DOGE is sitting at $0.0536 on the Binance exchange, the TradingView […]

1 d

Stellar Price Is Declining Towards $0.22, Pullback Is Inevitable

STELLAR Price Analysis – February 24 The price will reach $0.22 and $0.16 provided the support level of $0.33 does not hold. In case the $0.33 holds, the price may increase to the resistance level at $0.50 and $0.57 if the $0.42 level permits. Meanwhile, the relative strength index period 14 is at 40 levels […]

1 d

Ethereum (ETH) Price Analysis: Ether Recovers Above $1,400, Resumes Up trending

Key HighlightsEthereum slumps to $1,386.36 low and resumes upwardThe crypto has resumed upward and targets the $2,000 Ethereum ETH) Current StatisticsThe current price: $1,629.44Market Capitalization: $187,011,986,101Trading Volume: $50,431,709,770Major supply zones: $2,000, $2,200, $2,400Major demand zones: $1,800, $51,600, $1,400 Ethereum (ETH) Price Analysis February 24, 2021 Following the recent breakdown on February 20, the biggest altcoin […]

1 d

US Wall Street 30 (US30USD) Retraces After Rejection From Level 31650

Key Resistance Zones: 33000, 33500, 34000Key Support Zones: 26000, 25500, 25000 US Wall Street 30 (US30USD) Long-term Trend: BearishUS Wall Street 30 is in an uptrend. The uptrend is being interrupted at level 31600. The index is presently retracing from the recent high. The price is now testing the 21-day SMA. The upward move will […]

2 ds

USDCHF Sustains Upside Run Past 0.9000 Level as US Dollar Index Falls for the 3rd Day in a Row

USDCHF Price Analysis – February 23 USDCHF has been outperforming during the European session breaking the above-known barriers. The pair emerges from lows at 0.8949 level while sustaining its upside run past the 0.9000 level. At the moment, US Dollar Index (DXY), is down 0.1% on the day after it rose to a daily high […]

2 ds
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Author : Michael Fasogbon

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Michael Fasogbon is a professional Forex trader and cryptocurrency technical analyst with over five years of trading experience. Years back, he became passionate about blockchain technology and cryptocurrency through his sister and has since been following the market wave.