I provide some indepth explanation of last week analysis and what made it invalid after seeing buying power based on institution data. Have a check to see this weekly outlook and hope you can monitor it to your own. Follow me to learn and Grow!!!
Bitcoin is on its way up since it last touched $9,400 on August 30. The critical level at $10,000 was broken thanks to the huge green candle formed on Monday, September 2. The coin continued its good performance on September 3 when it peaked around the important mid-$10k zone. Eventually, buyers went out of steam and started loosing their ground, even though the...
$SPY bouncing off of uptrend line from June 28. I expect the bounce to continue back to near highs over the next few days, but some big events coming up that could move the market in either direction this week.
Week 29 - Market Update Hello everyone, welcome to this weeks market update. As usual, let’s start with the weekly chart. WEEKLY Not much has changed on the weekly chart. Our outlook is still that we will break the support around 6000 and then rapidly fall to 5000, eventually going even lower. However at the moment we seem to be working on a correction of...
Hello traders litecoin is seeing a little bit of a selloff and we are approaching an important level. I will be looking to see if the price is able to bounce off of the 100SMA (the orange line) at the $255 level. if the price bounces and we get a reversal signal that price will be good for long term trades. However if the price falls below that 100day moving...