Investing Advice

Bahamas Petrol shares (LSE:BPC) has been going upwards since it broke upwards significantly in early May, 2018. Before then, price was in a tight consolidation, forming a strong base. In the context of a bullish movement, price ranged in June, only to begin to go further northwards seriously in July. 4 EMAs are used for […]

Gulf Keystone stock (LSE:GKP) is a bull market. Price has been going seriously upwards since March 2018, and that is just the beginning of what will turn out to be a long-term bull market. In effort to make new highs, price has recently broken the upper Trendline to the upside, going further and further upwards. […]

BTCUSD Long-term Trend – Bearish     Distribution territories: $8,000.00, $9,000.00, $10,000.00. Accumulation territories: $5,000.00, $4,000.00, $3,000.00.   Bitcoin’s market value was previously suffering a considerable against the US dollar, but this week it has been able to rebound. The rebounding effect notably started on June 29, last month. The bears have in the past...

Ethereum Medium-term Trend: Bullish     Supply zones: $550, $600, $650 Demand zones: $350, $300, $250-   Ethereum remains in a bullish trend in the medium-term outlook. The formation of bullish candles at the 50.0 fib level was good confirmation for the bulls as price was pushed up to $482.12 in the supply area.   […]

ETHUSD Long-term Trend – Bearish     Distribution territories: $700.00, $800.00, $900.00. Accumulation territories: $300.00, $200.00, $100.00.   Ethereum hasn’t been able to recover from the selling pressure it has been enduring in its pair with the US dollar. Throughout last week, the crypto asset was declining in a ranging format to the extent of […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish The market is bearish, but price was not able to go downwards seriously last week. Thus the market is bearish in the long-term, but neutral in the short-term. A strong opposition was particularly met at the support line at 1.1550, after which price bounced […]

BTCUSD Medium-term Trend: Ranging   Resistance Levels: $6,150, $6,200, $6,250 Support Levels: $6,000, $5,950, $ 5,900 Yesterday, June 27, price of Bitcoin was in a range bound movement. Today, the range-bound movement continued. The cryptoasset has been fluctuating above the $6,000 price level for four days. From the weekly chart, price of Bitcoin had fallen […]

BTCUSD Long-term Trend – Bearish     Distribution territories: $9,000.00, $10,000.00, $11,000.00. Accumulation territories: $5,000.00, $4,000.00, $3,000.00. The selling pressure against Bitcoin was as visible on June 22 this week. The cryptocurrency had previously seen its value go down over a week ago. Because of the strong selling pressure, the bears managed to pull its […]

Edenville stock (LSE:EDL) has experienced what can best be called a false breakout.. The major bias is bearish, and thus, the current bullish breakout could end up being a temporary rally in the context of a downtrend. Price is above the EMA 11 but it is yet to close above it. Should price close below […]

Greatland Gold shares (LSE:GGP) are currently soaring, following a frustrating and boring period of trendlessness (January – June 2018). Price soars, thus ending the long-term ranging movement. The ADX period 14 is above the level 40, showing a very strong momentum. The DM+ is above the DM-, meaning that bulls reign. The MACD default parameters […]