XAG/USD (IS IT SMART TO BUY SILVER?)OANDA:XAGUSD
HI , TRADER'S ..As you can see Silver is trading in Falling wedge
Falling Wedge is a bearish reversal pattern
Market is making lower low's , breakout of wedge will make silver bullish
Entry Level for buy is near , Next week market can retest 20.50 ema
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Entrylevels
$DOCU -76% DISCOUNT (52-WK) -81% (ATH)!DocuSign is good stock if you are thinking about adding an AI & Software stock to your watchlist/portfolio. It is currently showing a good buying pressure with the last 2 months being green, but I think it has a way to go down! The original Heavy buying positions from IPO '18 to Aug. '18 is the $52.30 area! The next set of buyers from Oct. '19 to now are @$62.50 area! Which is good entry to swing to the $315 ATH, but the $52 entry area is a SNIPER! anything in between those two are good entries for long-term.
LUNA do not buy now!Hello everyone.
LUNA is currently trying to make a higher high, the buying volume is increasing and green candles are appearing one after another.
However, I believe the altcoins are not going to succeed, which means that a lower high is going to appear soon.
Entry level for LUNA is going to be on major level of support around $97.
Have a nice trading week!
Cyber Security and BeyondLSE ISPY ETF
London Stock Exchange - L&G Cyber Security - Exchange-traded fund - Weekly view
In the post-COVID-19 scenario, the global cybersecurity market size is projected to grow from USD 217.9 Billion (£159.3 billion) in 2021 to USD 345.4 Billion / £252.5 billion by 2026, recording a Compound Annual Growth Rate (CAGR) of 9.7% from 2021 to 2026. The market's growth can be attributed to the increasing awareness and rising investments in cybersecurity infrastructure across global organisations operating across verticals.
Source: www.globenewswire.com
- ISPY ETF on the LSE since the start of 2020 (644 days) has grown by 85%.
- Time for profit has decreased across this year from 133 days to 63 days (blue) with time of consolidation remaining fairly level (red).
- 50 simple moving average & 200 simple moving average remain very healthy.
- Oscillator is in a flat top ascending triangle (bullish indicator).
- Buy and Sell cloud remains equal with no changes to ATH and lows.
Conclusion
Cyber security is a growing profession and market, as technology progresses so will online trading (stocks, index, futures crypto etc).
With development comes stability, with stability comes confidence, with confidence comes economical enhancement.
Value of ISPY is still very low (less than £20 / $27.36 (as of 15.10.21 at 0723). Whether you are a new to trading or a grounded professional. ISPY would be worth adding to your portfolio.
LSE requires full purchase of stocks.
US/Forex allows for fractional stocks.
Bitcoin Consolidation Guide for Dec 2020 Context
In November 2020, Bitcoin rose to a local high of $19.5k USD, challenging the all-time high set in December 2017. The run to $19.5k in 2020 occurred after a March low of $3.5k, and was highlighted by an impressive jump from around $10k-$19.5k in the Sept-Nov months.
Summary
Look for these ranges listed below. Support ranges 2-3 will put this period of consolidation, right where it expected, relative to 2016-2017 runs up to the contested ATH of $19.5k (30% consolidations were norm in that period).
Support Range 1
$17.2k
Support Range 2
$14.5-$14.7k
Support Range 3
$14.0-$14.3k
Support Range 4
$13.2-$13.3k
Stop Loss for Support Ranges
$12.5-$12.7k where we see risk outweigh potential gains
Bulls in Trouble/Trend in Jeopardy
Lower kelt on the 1wk chart. A line where I'd recommend having a stop set incase its reached.
REKT Line - Bears have full control
Self Explanatory, a break below this line will look terrible for bulls and crypto alike. 40-50% drop.