US Wall Street 30 in a Minor Retracement, Targets Level 38200

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.

L2T Algo

TELEGRAM

RESULTS

Key Resistance Zones: 35000, 35500, 36000
Key Support Zones: 27000, 26500, 26000

US Wall Street 30 (US30USD) Long-term Trend: Bullish
US30USD is in an uptrend as price bars are above the moving averages which targets level 38200 . For the past week, the index has been retracing after rejection from the high of level 36800. US30USD has resumed a fresh uptrend after rebounding above the 50-day line moving average. Meanwhile, on December 16 uptrend; a retraced candle body tested the 50% Fibonacci retracement level. The retracement indicates the index will rise to level 2.0 Fibonacci extension or level 38258.60.

US Wall Street 30 Daily Chart Indicators Reading:
US30USD is at level 54 of the Relative Strength Index period 14. The index is in an uptrend zone and capable of a further upward move. The index price bars are above the moving averages which indicate further upward movement of the index. The 21-day and 50 –day SMAs are sloping upward indicating the uptrend.

US Wall Street 30 (US30USD) Medium-term Trend: Bullish
On the 4-hour chart, US30USD is in an uptrend as price breaks above the 21-day line moving average. Meanwhile, on January 11 uptrend; a retraced candle body tested the 61.8% Fibonacci retracement level. The retracement indicates the index will rise to level 1.618 Fibonacci extension or level 36571.11.

4-hour Chart Indicators Reading
US30USD is above the 80% range of the daily stochastic. US Wall Street 30 has fallen into the overbought region. The uptrend is likely to face resistance at the recent high as price reaches an overbought region. 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 US Wall Street 30 (US30USD)
US Wall Street 30 is in an uptrend as it targets level 38200. Buyers are intending to break the overhead resistance at level 36800. The uptrend will resume if the current resistance is breached.

You can purchase crypto coins here: Buy Tokens

Note: Learn2Trade 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