May 30 2018 @ 09:56
BTCUSD Medium-term Trend: Bullish Resistance: $7,800, $7,700, $7,600 Support: $7,200, $7,300, $7,400 On 24 May, the Bitcoin price broke the support level at $7,500 after several days of fluctuating below and above that level. The asset fell to $7,127 and resumed a range-bound movement. The range-bound movement resulted in a bullish breakout above $7,500. […]
May 30 2018 @ 00:39
A “buy” signal has been generated on Versarien stock (
LSE:VRS) as there has been a bullish breakout in the market. The market was bullish in December 2017 and January 2018. Then it became bearish from February 2018 until May 2018. However, this May, there has been a rally that brings about a bullish bias on […]
May 30 2018 @ 00:29
Immupharma shares (
LSE:IMM) gapped downwards massively in April 2018, and it has moved sideways since then. The ADX period 14 is at the level 40, showing the seriousness of the ongoing bearishness in the market. DM- is below DM+, meaning bears really have upper hands now. The MACD default parameters, has its histogram and signal […]
May 29 2018 @ 15:41
ETHUSD Daily Trend – Bullish Distribution territories: $570.00, $580.00, $590.00. Accumulation territories: $550.00, $540.00, $530.00. Ethereum had been significantly suffering from the strength of the US dollar. ETHUSD yesterday declined sharply in value up to the point of touching the accumulation territory of $500.00. The buyers managed to stage a good come-back into the market […]
May 27 2018 @ 19:35
BTCUSD Long-term Trend – Bearish Distribution territories: $11,000.00, $12,000.00, $13,000.00. Accumulation territories: $6,000.00, $5,000.00, $4,000.00. Bitcoin has been continuously witnessing a downward slide against the US dollar this week. The last time that the pair made a slight high was on May 20. The bears have had a greater advantage on the market over […]
May 27 2018 @ 00:14
ETHUSD Medium-term Trend: Bullish Resistance: $435, $430, $425 Support: $405, $410, $415 The ETHUSD pair had a bearish outlook yesterday. The MACD line and the signal line were below the zero line. From the price action, Ethereum had a bearish view but it commenced a range bound movement. Today, price of Ethereum is in a […]
May 26 2018 @ 00:47
Tlou Energy shares (
LSE:TLOU) are a ranging market, which would preferably be called a lone ranger. The sideways movement will continue for some time, and it would eventually result in a serious breakout. Price made a bullish effort in January 2018, dropped precipitously in February, and began to consolidate. The market has been ranging since […]
May 26 2018 @ 00:08
Forbidden Technologies shares (
LSE:FBT) are currently weak, at least in the short-term. Price went upwards considerably in March and April 2018, and then began to come down at the end of April, and it is currently ranging. The ranging action is a very short-term thing, because a “sell” signal has already been generated in the […]
May 16 2018 @ 12:40
Petrel Resources stock (
LSE:PET) is not an attractive market at all, and investors are advised to stay away until there is a clear directional movement. The market is quite rough and choppy, having zigzagged so far (in the past few months). Price is currently above the EMA 21 (a false signal), and will go below […]
May 16 2018 @ 12:21
BT Group shares (
LSE:BT.A) has already failed to sustained its recent bullish effort. The market, which was bearish from January 2018 to March 2018, made desperate bullish effort in April, only to give way to bearish pulls. ADX period 14 is above the level 30, showing a strong momentum. DM- is above DM+, meaning that […]