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technical_analysis

BTCUSD bearish pressure | 13th Oct 2021
BTCUSD bearish pressure | 13th Oct 2021

TypeBearish ReversalSupport: 50325.71Pivot: 56587.69Resistance: 59188.33Preference:Price broke out of the ascending trendline support,signifying a bearish trend. We can expect price to drop from the...

BTCUSD bullish continuation | 12th Oct 2021
BTCUSD bullish continuation | 12th Oct 2021

TypeBullish RiseSupport:56040.5Resistance: 60498.50Pivot: 57380.25Preference:Price is on a ascending trendline support, signifying a bullish momentum. We can expect price to continue to ride the...

BTCUSD bullish continuation | 11th Oct 2021
BTCUSD bullish continuation | 11th Oct 2021

TypeBullish RiseSupport: 53380.39Pivot: 56458.20Resistance: 60496.15Preference:Price is showing a bullish continuation by holding above the ascending trendline support. We can expect price to push up...

BTCUSD bullish continuation | 8th Oct 2021
BTCUSD bullish continuation | 8th Oct 2021

TypeBullish BouncePivot: 52877.66Resistance: 60509.06Support: 50483.81Preference:Price is expected to push up higher if price pushes pass the intermediate resistance in line with 100% Fibonacci...

Using RSI To Trade Trending Markets
Using RSI To Trade Trending Markets

All Hail The RSIThe Relative Strength Index continues to be one of the most popular technical indicators. The RSI, which is a momentum indicator (measuring the strength of prices moves) is used by...

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Weekly Market Outlook 04-10-21

In this Weekly Market Outlook 04-10-21, our analyst looks into the trading week ahead, possible market moving data releases across the globe and the technical analysis to accompany it!...

BTCUSD bearish reversal | 4th Oct 2021
BTCUSD bearish reversal | 4th Oct 2021

TypeBearish DropSupport: 43684.39Resistance: 48772.24Pivot: 47607.65Preference:Price is expected to reverse back down from the pivot level in line with 23.6% Fibonacci retracement and push down...

NIKKEI potential bullish bounce | 4th Oct 2021
NIKKEI potential bullish bounce | 4th Oct 2021

TypeBullish BounceSupport: 27641.42Resistance: 29486.3Pivot:28362.81Preference:Price is approaching descending trendline resistance turn support and awaiting for a bounce. We can expect price to...

EURUSD H4 is at pivot, potential for bounce | 29 Sept 2021
EURUSD H4 is at pivot, potential for bounce | 29 Sept 2021

Type: Bullish BouncePivot: 1.16634Support: 1.15974Resistance: 1.17368Preference: Price is approaching the pivot where we may potentially see a bounce towards 1st resistance, in-line with 23.6%...