Wednesday, 25 November 2020 16:07 PM WIB S&P500 This is interesting and having the personality chart pattern. Following the situation when a pandemic coronavirus hit the USA, the chart falling crash for a while and start moving up again in March 2020. Also with the election of the President of the USA, the fluctuating chart configuring a big formation. And...
Wednesday, 25 November 2020 13:28 PM WIB Now stop predicting about Gold will be moving higher to achieve an all-time high. The low trend and the movement also with the volumes to the top has been gone. Slidely will down to the base ground of the medium line channel. So, is there any correlation between Gold with Pfizer, The Election, Vaccine, USD Index, and many...
Wednesday, 25 November 2020 12:56 PM WIB Ethereum seems reached the top of resistance at $623 points. Now moving slowly to a lower trend with an evening star formation. IF this lower direction to forming head and shoulder, then Etherum will be at the medium line and at the lowest line of the parallel channel. And there is some correlation between Bitcoin's...
What Is Crude Oil? Crude oil is unrefined petroleum that occurs naturally and is mostly composed of hydrocarbon deposits. It’s a finite resource that can be refined to produce everyday products like gasoline, diesel fuel, and petrochemicals for plastics. Why Is Crude Oil So Valuable? Before the Industrial Revolution, agricultural staples like corn and wheat...
Price Point Bitcoin is trading above $18,500, having charted a minor pullback to $17,800 over the weekend. The cryptocurrency's one-month implied volatility metric has jumped to four-month highs, suggesting increased expectations for price turbulence over the next four weeks. "It's likely the week ahead is filled with volatility with the possibility of a trading...
What Is an Evening Star Pattern? An Evening Star is a stock-price chart pattern used by technical analysts to detect when a trend is about to reverse. It is a bearish candlestick pattern consisting of three candles: a large white candlestick, a small-bodied candle, and a red candle. Evening Star patterns are associated with the top of a price uptrend, signifying...
What is quantum computing? Quantum computing is a new method of processing data and solving problems, which differs from classical computing that is widely used in everyday devices. Quantum computers, which have at times been dismissed as a physical impossibility, have gone from the realm of "If" to the realm of "When" over the last decade. To put that into...
What Is Stellar? Stellar is an open-source payment technology that shares several similarities with Ripple. Its founder, Jed McCaleb, also co-founded Ripple. Much like Ripple, Stellar is also a payment technology that aims to connect financial institutions and drastically reduce the cost and time required for cross-border transfers. In fact, both payment...
What Is EOS? Calling itself the most powerful infrastructure for decentralized applications, EOS is a blockchain-based, decentralized system that enables the development, hosting, and execution of commercial-scale decentralized applications (dApps) on its platform. No official full form exists for EOS, and the creators have decided not to formally define it...
What Is NEO? NEO was founded as AntShares by Da Hongfei and Erik Zhan in China in 2014 and was rebranded "NEO" in June 2017. It is a blockchain-based platform that supports its own cryptocurrency and enables the development of digital assets and smart contracts. NEO aims to automate the management of digital assets through the use of smart contracts, with the...
Saturday, 21 November 2020 15.11 WIB Litecoin is on starting a new chapter book with support lines base at $80 points. This high movement will lead the Litecoin alongside a golden cross to a new chapter of the ascending channel lines.
Saturday, 21 November 2020 14.37 WIB Ethereum once more showing a direction into the new ascending channel as the next step movement. While empowering the movement, Ethereum needs to have a correction move before starts to moving higher again.
Saturday, 21 November 2020 04.41 WIB XRP at very top speed to go higher to the top of resistance. Golden cross needs attention to lead away XRP highest from now. Keep it notes and monitor.
Saturday, 21 November 2020 04.13 WIB USDCHF needs attention on the chart with huge downtrend movement. Focus on reaching the base ground support.
Saturday, 21 November 2020 03.59 WIB CADJPY needs attention on the low trend with death cross possibility. Keep it notes and monitor.
Saturday, 21 November 2020 03.50 WIB GBPJPY still on the track lines to move higher with direction from the golden cross legend. To make sure, please have attention to red pressure at the lines, because GBPJPY still in the lowest low lines of ascending channel, and triangle way waiting for sideways direction. High OR Low? Keep it notes.
Saturday, 03.39 WIB 21 November 2020 AUDUSD still looks perfect and running as expected. This time at retrace move and going to a higher way to reach point 0 FR. After this point, AUDUSD having 2 support at FR for strong higher movement.
It looks so hard to break out higher from the descending channel resistance for Crude Oil. It only a false break (at this moment still running). And if it is a broken outline, the higher price will meet with a Death Cross of Old Descending Channel. Personally, I doubt for Crude Oil to have a higher price at these periods, but the technical indicators supporting...