Sia has been one of our second quarter (Q2) picks and it is proving us right. The project's fundamentals are strong, the potential is huge and all that is left is a confirmation from our technical analysis: Price on support (previous resistance), thus technically we are good to Buy again (more). - check our 2 previous posts for additional info One love, the...
This is my updated Bitcoin chart. Price is in the middle of the ascending channel (it has been in this fantastic channel for 2 months now). As you can see I have drawn 4 occasions where the price did not need to check the support and every time it would rise from there. Again this time it looks like it is time to Buy again. In the previous 3 times the rise was...
Hi guys, my thoughts on XRP Ripple breaking my 'resistance level' twice. Listen to my thoughts in the video, it could be a nice educational one hearing it from an experienced trader and how to adopt when an asset is just not 'listening' to what what we see on the chart. One Love, the FXPROFESSOR
Further to our previous idea, here is the video with more explanation as well as what happened the last time the price hit this level
Our chart shows that Ripple is at all time trend line resistance. Most likely will be a hard level to break but IF it manages to break over it we could expect a new flight now. A video will follow with further analysis
Good news Bad news Good news: Didn't break under support, again.Same level been agreat support since beginning of February. Bad news: Didn't fly yet, Hotskinson being Hotksinson on twitter, no big good news about eny new Cardano deals. What's next? I expect to see a rise, finally.
Enjin has been great trade for us this year as you can see from our posts below. Well, it's time to get back on this now: technically and fundamentally Chart shows that the price is on Support ✔️✔️✔️ Fundamentally the news are even greater with Jumpnet coming up . This solution is designed to remove gas prices and support cross-platform Non-Fungible Tokens...
On our main Futures trade, Cotton has indeed gone in our direction by a massive 12%. We told you guys, some might consider it a 'boring' trade, more excitement in trading cryptos and indices or forex but as we stated before 'Cotton is Soft and Predictable', an asset worth your attention. Cotton stands for seasonality and this makes trading CT1 a rather...
ADA has broken over the boring sideways formation of the past few weeks and could be ready to rise higher. The project has been very quiet after it's listing in Coinbase and we have seen no significant rise ever since but technically speaking the chart shows that we could now expect some volatility. Hopefully towards the North.
What's next? Watch the video and find out! We are in the middle of a massive channel and things cannot be clear at this stage. One thing is for sure: News will dicatet the price now. Good news like new Big Buyers, or bad news like Big bad sellers like we had today. Let's see what happens next and remember to trade/invest carefully these days. ps. Today even I...
Our updated chart on CADJPY Looks bullish and off the demand zone with potential to rise higher. Good news from Canada today (positive GDP and inflation data) as well as rising Oil prices. 92,4 is our target profit level.
Our updated small chart on Bitcoin. Bitcoin has dropped today, below support (middle of the ascending channel). Price is right now on minor resistance and will most likely to drop to support level of 55,100 whereas 56500 has the potential to act as a demand zone and offer support. 58600 will be a major resistance if the price just rises from here
Hi everyone, Let's take a look at our updated chart on Ethereum. A wide consolidation (in range and timeframe) has been ongoing for the last weeks. Fundamentaly Ethereum is trying to fight back against it's growing competition and the proclaimed Éthereum killers''. The deal with Visa has boosted confidence on Ethereum Can ETH remain the Queen after the...
Cardano has been quiet but is finally attemptin to break over resistance and our Buy Stop orders are about to kick in. Let's see if it's time for ADA to aim higher now
Bitcoin found the resistance yesterday but decided to make the resistance support for breakfast! The trend is our friend and Bitcoin is simply THE TREND at this time in history. May the force be with you. the FXPROFESSOR
ADA Cardano is slow and boring these days but we don't want to miss the next good run. Take a look at my video and see if you agree with my analysis. Obviously the asset is 'snoozing' but thankfully the support level seems very strong (that's the good news). What are your thoughts? We wait for it or we allocate some funds to chase other oppoortunities? One...
Hi guys, there are a lot of assets we monitor but we constantly are looking to buy (or sell) on support (or resistance). Kusama has been a great example and a huge success for us. Hope you like what you see on the video. All the best, the FX PROFESSOR
The price is in the middle of the channel which has clearly acted as resistance before. The price has ahas a great run after our last post but now might be time to re-arrange our positions (buy in higher/ go short to lower support levels)