PLUS1
Currency
Bitcoin (BTC) Long-term Price Analysis – February 17
Feb 17 2019 @ 11:05
BTCUSD Long-term Trend – Ranging • Distribution territories: $4,500, $5,000, $5,500 • Accumulation territories: $2,500, $2,000, $1,500 Bitcoin’s price has been ranging in the last few trading sessions. The cryptocurrency has essentially been seeing various lower lows and lower highs, around the $3,500 mark, since January 11. The cryptocurrency’s 50-day SMA is […]
XRP Price Analysis – February 12
Feb 12 2019 @ 12:51
XRPUSD Medium-term Trend: Bearish • Resistance Levels: $0.56, $0.58, $ 0.60 • Support Levels: $0.29, $0.27, $0.25 On February 8, the XRP price made some bullish gains but thereafter the price pulled back to the low of $0.30. The downward correction has made the crypto’s price fall into the bearish trend zone. The […]
9 Things to Consider When Choosing a Forex Broker
Feb 12 2019 @ 05:59
If you want to trade currency, or foreign exchange, you need to find a Forex broker that will give you access to a trading platform on which you can buy and sell foreign currencies. There are plenty of Forex brokers out there (see a list on our Broker Listing page), so how do you pick […]
Understanding The Concept Of Lots In Forex
Feb 12 2019 @ 05:58
Until now, spot forex trading takes place in a definite amount known as “lots.” This means the number of currency units a trader will sell or buy. 100,000 units of currency are the standard size for a lot. Today, we have a nano, macro, and mini lot sizes ranging in 100, 1000, and 10,000 units respectively. […]
Bitcoin (BTC) Long-term Price Analysis – February 10
Feb 10 2019 @ 07:39
BTCUSD Long-term Trend – Ranging • Distribution territories: $4,500, $5,000, $5,500 • Accumulation territories: $2,500, $2,000, $1,500 The price of Bitcoin has been seeing the $3,500 support keep on holding its price since January 11. After it was breached southwards the cryptocurrency notably sprung up, an impact reflect in most cryptocurrencies on […]
XRP Price Analysis – February 7
Feb 07 2019 @ 07:42
XRPUSD Medium-term Trend: Bearish • Resistance Levels: $0.56, $0.58, $ 0.60 • Support Levels: $0.27, $0.25, $0.23 The XRP price is still in the bearish trend zone as the crypto closed at a price of $0.29. From the daily chart, we are waiting to see when the price action will tell us about […]
Bitcoin (BTC) Long-term Price Analysis – February 2
Feb 03 2019 @ 01:42
BTCUSD Long-term Trend – Ranging • Distribution territories: $4,500, $5,000, $5,500 • Accumulation territories: $2,500, $2,000, $1,500 On January 28, bitcoin’s price was dragged southwards past a low seen the past week, which saw it enter a new range. Bitcoin’s price is now trading between the $3,500 and $3,000 marks. The cryptocurrency’s […]
Bitcoin (BTC) Price Analysis – January 30
Jan 30 2019 @ 10:34
BTCUSD Medium-term Trend: Ranging • Resistance levels: $7,000, $7,200, $7,400 • Support levels: $3,500, $3,300, $3,100 The price of Bitcoin is in the bearish trend zone. On January 29, the crypto fell to the low of $3,430.10 and commenced a bullish movement. The bulls have broken the 12-day EMA but were yet to […]
Ethereum (ETH) Long-term Price Analysis – January 26
Jan 28 2019 @ 10:32
ETHUSD Long-term Trend – Ranging • Distribution territories: $160, $180, $200 • Accumulation territories: $90, $70, $50 Ethereum’s price this week has moved in an almost perfect way, compared to last week’s formation. The cryptocurrency has been consolidating around the $120 level, after a sudden decline that occurred on January 10. Currently, both […]
The FTSE Could Be Topping Out
Jan 24 2019 @ 02:34
The FTSE’s rebound has lagged its European and US counterparts, so with a reversal pattern forming below a resistance cluster, it could be a good contender to short if sentiment sours once again. We can see on the weekly chart that the FTSE is within a strong downtrend, although it’s produced a counter-trend rally over […]
