Bitcoin riding at 50k According to a recent 70-page Bitcoin ( BTC ) is the future of collateral in the finance industry. The report notes that Bitcoin is very similar to the internet, considering that it is a “blank canvas” on which developers can build creatively upon in any desired way. Originally, Bitcoin was intended to serve as a cryptographically-secure...
Managing Risk Efficiently in Six Steps Any analyst or trading guide will tell you how important it is to manage your risk. However, how does one go about managing that risk? And what exactly do they mean by managing risk? Here is a step-by-step guide to one of the most important concepts in financial trading. 1. Determine Your Risk Tolerance This is a personal...
EURCAD BUY MOVEMENT Starting in July 2020, the price has been falling in a descending channel, practically not going beyond it. In February, the price managed to break through the strong resistance line 1.543 during the fall. This line is one of the strongest on the chart - it was formed in August 2012. After the fall, the price moves to the support line - the...
GBPAUD future movements After a strong growth spurt from October 2019 to May 2020, the price returned to within the strong resistance level of 1.841. And the last few months it has been moving without growing above this mark. The fall in price is controlled by a strong support line - 2013. In January, the price bounced off this line at point 1.743 and now I...
AUCAD UP THEN DOWN TREND After in early February the price was able to break through the strong resistance zone of 0.973, where the trend line and the strong level crossed, it showed a steady growth. The price continues to grow even now, practically without making any corrections. It is located near the thorn resistance line. This line was formed in February...
EURUSD DONWTREND The price bounced off the strong support zone of 1.207. Now I expect it to rise to the 1.225 resistance line. After that, it will turn around and fall back to the support. The target is 1.207
XAUUSD SELL CONTINUES Having bounced off the strong support zone, the price will touch the resistance at 1828.76. And then it will fall back to the support. Target - 1776.03.
BITCOIN BTC USD BUY SIGNAL The price dropped to position 45099.7. The price has already bounced off the zone and started to grow. I expect her to return to resistance. Target - 61444.1
USDJPY BUY SIGNAL Right now the price is in the support zone of 105.73. The support area consists of a strong line from 2016 + a zone from 2018. I expect the price to rise from this area. The target is 110.54.
#USDCHF I expect the price: - will touch support 0.910 - will fall to the level of 0.903, fix there. - will continue to fall. The target is 0.895.
RIPPLE XRP SEC Files Amended Complaint Against Ripple, as Pretrial Begins The United States Securities and Exchange Commission (SEC) has filed an amended complaint towards Ripple, alleging that it willfully misled investors with XRP. The amended complaint got filed just a few days before the pretrial hearing between the SEC and Ripple, which began on February...
USDCHF Forex Chart I THINK AT THIS POINT USDCHF MIGHT MAKE A BIG REVERSAL USDCHF am really liking the set up am seeing on this pair Last week, the price bounced off the lower border of the ascending channel and broke through the strong support line at 0.894 during the rise. This line has been around since summer 2020 and now gives the price a strong base for...
BITCOIN BTCUSD Market Price Analysis: Bitcoin Market Valuation Drops Below $1.1 Trillion The “no boring days in crypto” trope appears to have gained more validation over the past 24 hours. Just a few hours after Bitcoin (BTC) recorded a new all-time high at $58,480 and seemed to be waxing stronger on its bullish momentum, the benchmark cryptocurrency got racked...
EURUSD SELL The price on resistance zone 1.215. WE expect the price to fall from this zone. She will come to the line of support (historically strong level). The target is 1.206. _____________________________ 8 last EURUSD forecasts hit TP
XAUUSD Now WE expect the price to be: 1.will touch the resistance of 1853.88 2.will start falling with corrections 3. will go down to support. Target - 1780.00
NZDUSD the price is at the strong resistance 0.734. This is the 2017 line. And this is a good position to sell. SL - 0.739. TP - 0.718.
EURJPY The last time the price touched resistance at 128.49 was last week. I expect that it: - touches support 127.27. - will rise to resistance The target is 128.94.
AUDCHF At the end of last week, the price came to resistance (the upper channel line). And now it is in the area of 0.7111. From this point, I expect a fall to support (level + channel line). The target is 0.6921