Technical Analysis

Boohoo Group Plc shares (LSE:BOO) are currently where they are not supposed to be. The price still showcases bearishness, instead of bullishness. For most past of this year, the market has trended downwards, generally. There were occasional rallies along the way, but they were followed by further bearish movements. 4 EMA as used for this […]

Caspian Sunrise Plc stock (LSE:CASP) has made a huge bullish movement. This has just happened as the price rose out of the consolidation it experienced throughout the last month. Price has technically recovered its loss since July 2022, having broken upwards from the upper Trendline. At the same time, the RSI period 14 has already […]

Key Highlights ETH/USD revisits the resistance at $1,600 The biggest altcoin will attempt previous highs Ethereum (ETH) Current Statistics The current price: $1,651.61 Market Capitalization: $202,113,400,940 Trading Volume: $20,914,587,930 Key Resistance Zones: $2,500, $3,300, $4,000 Key Support Zones: $2,000, $1,500, $1,000 Ethereum (ETH) Price Analysis November 4, 2022 Ethereum (ETH) trades...

Key Highlights BTC price overcomes resistance at $21,022 Bitcoin targets the high of $22,794 Bitcoin (BTC) Current Statistics The current price: $21,395.74 Market Capitalization: $449,573,134,553 Trading Volume: $66,701,560,473 Resistance Levels: $50,000, $55, 000, $60,000 Support Levels: $25,000, $20,000, $15,000 Bitcoin (BTC) Price Analysis November 4, 2022 Bitcoin (BTC) trades in the...

Since October, XRPUSD bulls have successfully defended the demand level at $0.440. There was a bearish fakeout represented with a shadow below $0.440. The bodies of the daily candles have formed above the demand level all through the month. A head-and-shoulders bearish reversal pattern has formed above the zone, revealing the will of the bears […]

BNBUSD has been on a downward trend since a significant high was formed at $689.0 in November. The market descended steadily below the moving averages (periods eighty-nine and two hundred). The market dipped as low as $186.9 this year. The ascent from the $186.0 demand level marked a breakout from the bearish channel in July. […]

BNBUSD had been ranging between $337.0 and $257.0 price levels until the recent breakout. Before the emergence of the range market, prices were rallying upwards in an ascending channel. Shortly after the bounce off the $186.0 demand zone, the price surged upward and began to respect the ascending channel. The current trading range of the […]

Key Highlights ETH/USD battles the resistance at $1,600 There is an imminent decline as Ether retests the resistance zone Ethereum (ETH) Current Statistics The current price: $1,580.53 Market Capitalization: $193,415,767,026 Trading Volume: $19,294,136,500 Key Resistance Zones: $2,500, $3,300, $4,000 Key Support Zones: $2,000, $1,500, $1,000 Ethereum (ETH) Price Analysis October 28, 2022...

Key Highlights BTC price resumes an uptrend as it revisits the resistance at $21,022 Bitcoin can reach the high of $22,238 Bitcoin (BTC) Current Statistics The current price: $20,734.23 Market Capitalization: $435,418,827,706 Trading Volume: $42,700,317,047 Resistance Levels: $50,000, $55, 000, $60,000 Support Levels: $25,000, $20,000, $15,000 Bitcoin (BTC) Price Analysis October 28, 2022...

The new UK government gave a boost to sterling, GBP/USD rallied to the main resistance line on the chart below.  This followed a steep decline when the budget was announced in September.  Markets don’t move in a straight line but they tend to folow the same path.  The path for GBP/USD is down, I believe […]