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.
Key Resistance Levels: $66.00, $70.00, $74.00
Key Support Levels: $48.00,$44.00,$40.00
USOIL (WTI) Long-term Trend: Bullish
USOIL is in a smooth uptrend. The crude oil has risen a high of $64 and was resisted. The price retraced to $60 and resumed the upward move. The resistance at $64 was broken as the market continues its upside momentum. USOIL is likely to reach the high of $68 but the price is likely to reach the overbought region.
Daily Chart Indicators Reading:
USOIL (WTI) is at level 68 of Relative Strength Index period 14. It indicates that price is approaching the overbought region. The 21-day and 50-day SMAs are sloping northward indicating the uptrend.
USOIL (WTI) Medium-term bias: Bullish
On the 4 hour chart, the USOIL is in an upward move but the price has reached the overbought region of the market. On March 4 uptrend; a retraced candle body tested the 78.6% Fibonacci retracement level. The retracement indicates that the market will rise to level 1.272 Fibonacci extension. That is the high of level $66.00. The USOIL is expected to reverse at that price level.
4-hour Chart Indicators Reading
USOIL (WTI) is above the 80% range of the daily stochastic. The price has reached the overbought region of the market. The SMAs are sloping upward indicating the uptrend.
General Outlook for USOIL (WTI)
USOIL (WTI) upward move is reaching bullish exhaustion. The daily stochastic and the RSI that price has reached the overbought region of the market. According to the Fibonacci tool, the market will rise and reverse at level 1.272 or $66 high.
You can purchase crypto coins here: Buy Coins
Note: Learn2Trade.com 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
- 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
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus