In the short term we are seeing a reversal on the downtrend that started in 12 Aug 2019. After finding a very strong resistance on the 250 Ema daily the price is retracing to the 50 EMA daily wich is floating around the value 0.895. , very near a trend-line starting from the tops of the August 2018 and the tops of December 2018. The value 0.895 - 0.9 is on...
For a decade after the 2008 financial crises we saw the rise of the cryptocoins first as a bubble pumped up by the disbelief in the financial institutions than as a resurging force and a hedge against the new political instabilities of the world economy. The cryptoworld represents a technological revolution and as such an existential risk for the big players and...
In the monthly and the weekly chart we are in a continues uptrend. In the daily we are seeing a recovery from a short retracement to the 200 EMA. In the 4H chart the 100 Ema has surpassed the 250 ema confirming a strong short uptrend aswell. At the value of 0.99247 this pair finds a strong historical level that can serve as a strong support for the continuation...