The US stock market late Monday rebound and gained more push on Tuesday with an impressive 389 point rally to gain back the psychological 24,000 level once again. An essential reason for yesterdays movement has been the recovery of the FANG (Facebook, Amazon, Netflix, and Google) stocks all adding close to positive 1.5%. Still, a great deal to play for this week...
IOTA is the 10th most crucial crypto currency regarding the market cap. While several cryptos in the top ten are trying to recover from their latest low levels, IOTA continuously is struggling. Despite having E-Krona headline news from respective Swedish authorities, IOTA could not gather more than enough strength to thrust prices higher. All there has been being...
From a technical standpoint, we can't deduce a lot from NEO. The coin is seeing a slight bounce after a brutal selloff while the coin remains elevated from its low created on April 1. Notice that as NEO’s net movement continue to fluctuate around newly created season low. As historical past demonstrates, any squeeze which forms close to the lower end is a build up...
We were expecting a T/P to be hit past few days. However, this was not to be. Despite that, the bulls have taken control momentarily and have bounced off the essential support 170.99 in the past few days. The immediate resistance on Monero is at $198.50. If this level does not hold, we are likely to see the rally extend to our Sell entry at $215.00. When the...
Ripple is trading weaker in the past few days. It has extended its slide following busting beneath the crucial support level of $0.53354. The next significant support is a lot lower which it stands at $0.14690. If the pair manages to scale to the $0.63550 level, it will trigger our short entry, with a Stop at $0.83600, and T/P at $0.25600.
Dash is heading up short-term, forming $291.00 key Support level. As a bullish sign, that coin is rallying to Trade Selector Signal new Sell which is flagged at $390.00, Stop at $495.00, and T/P at $225.00. With that being said, there's still no firm leadership to have a suitable rally in the coin, so traders should continue to the short side to the point where a...
Litecoin continues to be trading in a tight range within the last few days. The bears were not capable of a break below the critical March 30 low of $109.27. However, the T/P $121.00 was reached before fill at $174.00. The bulls were not able to drive a pullback either. Hence, we have the tight range. If the $109.27 level breaks, the next support is February low...
Ethereum Classic with clear catalysts driving higher, technicals are still dominating price action. However, the sentiment is continuous to reach negative extremes; a durable bottom has formed at $13.565. A new Sell signal is in place at $16.860, with a Stop at $20.570, existing T/P remaining at $11.000.
Ethereum continues to be struggling to find a foothold within the strong longer-term downtrend which took us close to projected T/P $655 (actual 650.00). As the coin is rebounding a new entry Sell signal is at $487.00, Stop at $640.00 and T/P at $217.00. With the key support at $285.00. The medium to long-term Sell signal is visibly in position, as the coin...
Bitcoin remained above its month of February low throughout the rout, even while numerous coins violated their respected season lows as the total price value of the cryptos fell just below $250 Billion, as trading and volatility volumes decreased through the Easter holiday weekend. Bitcoin is trading the developed short-term trading range of $6450-$7450. Stiff...
After heavy selling at the opening bell, Wall Street has experienced further downside throughout the course of the trading day on Monday. Trade Selector Signal T/P1 was hit early in the morning session.
On March 29 being an end of the week, month and a first quarter for most which means that this weekend numbers will be very carefully monitored. The Japan Nikkei225 recovered 0.6%. However, markets across the Asia region moved mostly lower during trading on Monday. With Nikkei225 Index dipped by 0.3 percent, and triggering Trade Selector Signal short signal 21582.
Gold is off $15 as of this writing triggering our 'Buy#1'. Promoting the notion that this was a stock rebalancing trade as opposed to anything else. Can physical Gold and Silver prices will ever get away from price suppression and manipulation? Not likely. My observation is that commercial and bullion banks will control them up until the very end up until you have...
The technology segment continues to be the primary talking point on Wall Street, a great deal of which started out earlier this week with the Facebook fallout. Many other technology companies are getting hit as many presume social media might have strayed into the mass media space and ponder whether laws and regulations might be forced to undertake a restricted...
The coin remained range bound from March 22, and it broke below to the downside on March 26 and slumping to its destination to our T/P 0.5325. Investors and traders should avoid bottom fishing if the virtual currency breaks down under 1.0. Reminder: After initially moving the stop to break-even as the trade progresses in your favor, you may leave it there until...
NEO has formed a bearish decline pattern since March 21 and approaching complete breakdown once hits the season low of $49.04 price. Next, if $49.04 level breaks, the pair can slide quickly to our T/P $40 level, and hit next T/P of 27.50. Reminder: After initially moving the stop to break-even as the trade progresses in your favor, you may leave it there until...
Monero prices are declining, have taken a significant dive overnight and things are looking bleak for the coin, and is heading towards crucial low of 170.99. Reminder: After initially moving the stop to break-even as the trade progresses in your favor, you may leave it there until the initial Take Profit target is hit, or close the trade if there will be a...
Ripple currency under heavy selling pressure yet again, with most of the other majors coins approaching critically low levels. Last week modest rally, failed to contact our entry price of 0.81500. As a result, we do currently have revised short trade play.