Adsense

Monday, March 18, 2019

Litecoin Price Prediction Today: Daily (LTC) Value Forecast – March 18


LTC/USD Medium-term Trend: Bullish

·         Resistance Levels: $66, $68, $70
·         Support Levels: $40, $38, $36

Last week, the price of Litecoin was in a sideways trend. The price of Litecoin was ranging above the $56 in a range bound movement. The 12-day EMA and the 26-day EMA was trending horizontally indicating the sideways trend. On March 15, the bulls broke the EMAs as the price reached a high of $62.26. The bears made a downward correction to the low of $61.54. Today, the bulls are making another bullish movement to break the $64 resistance level but has fallen again

On the upside, if the bulls break the $64 resistance level and price is sustained above it, the price of Litecoin will reach a high of $70. On the other hand, if the bulls fail to sustain a price above the $64 price level, the crypto’s price will fall. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. Also, the crypto’s price is below the EMAs which indicate that price is in the bearish trend zone.


LTC/USD Short-term Trend: Bearish


On the 1-hour chart, the price of Litecoin is in the bullish trend zone. The crypto’s price is making a series of higher highs and higher lows. The LTC price is trading at $62.89 as at the time of writing. A trend line has been drawn to determine the price level and the duration of the trend. If price continues to test the trend line without breaking it, the trend is said to ongoing.

Meanwhile,the trend has been terminated as price breaks the trend line. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. The LTC price is below the EMAs which indicate that price is in the bearish trend zone.


The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.


Thursday, March 14, 2019

Bitcoin (BTC) Daily Price Forecast – March 14


BTC/USD Medium-term Trend: Ranging

·         Resistance Levels: $6,800, $6,900, $7,000
·         Support levels: $3,800, $3,700, $3, 600

Yesterday, March 13, the price of Bitcoin was in a sideways trend. The BTC price was ranging above the $3,900 price level. The 12-day EMA and the 26-day EMA also was trending horizontally indicating that the price is in a sideways trend. The crypto’s price is still below the EMAs while in a range bound movement. This indicates that the crypto’s price is likely to fall.

On the upside, if the bulls break above the EMAs, the crypto will be in the bullish trend zone. Probably, to retest the $4,000 resistance level. On the other hand, if the bulls fail to break the EMAs, the crypto will continue its downward trend. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal. The BTC price is below the 12-day EMA and the 26-day EMA which indicates that price is in the bearish trend zone.


BTC/USD Short-term Trend: Bearish


On the 1-hour chart, the BTC price is in a bearish trend.On March 13, the bulls broke above the EMAs, while the price is making a downward correction. The BTC price is trading at $3,939.0 as at the time of writing. Today, the crypto’s price is below the EMAs indicating that price is in a bearish trend. The MACD line and the signal line are below the zero line which indicates a sell signal.


The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research

Monday, March 11, 2019

Welcome the Idea of Breaking Even


No one enters a trade with the idea of breaking even as a goal. Rather, we set out with high hopes, excitement, and expectancy – the promise of big dreams. But then something odd happens with our trade – we break even. Our reaction is a feeling of annoyance, of let-down.

Breaking even happens. It is one of the possible outcomes of a trade. We must not see it as an unwelcome event. Distaste for breaking even can put us under pressure and induce over-trading or other wrongful activities. We have to become comfortable sitting quietly and patiently at the break even mark.



Breaking even happens very often to the best of traders - if they were not the best of traders these trades would often have resulted in a loss. Only if we accept the idea of breaking even are we able to focus on new trades without putting ourselves under additional pressure.

By Andy Jordan





Perfect Money/Payeer/Epay/Neteller/Skrill: www.ituglobalfx.com.ng


Sunday, March 10, 2019

Ethereum (ETH) Long Term Price Forecast- March 9


ETH/USD Long-term Trend: Bullish

·         Resistance Levels: $350, $370, $390
·         Support Levels: $140, $120, $100

The ETH/USD pair had been in a bullish trend in the last five days. On March 5, the bulls break above the 12-day EMA, the 26-day EMA and it reached a high of $140 price level. In the last four days, the bulls failed to break the $140 resistance level .
 The crypto’s price on the other hand is making a downward correction. On the upside, the ETH price will rise if the bulls sustain a price above the EMAs. The price of Ethereum is expected to rise to retest the $160 resistance level. The $160 resistance level has remained unbroken since January 2.

On the downside, if the bears break below the EMAs during the downward correction, the crypto’s price will be in the bearish trend zone. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. The crypto’s price is above the 12-day EMA and the 26-day EMA which indicates that price is in the bullish trend zone.



The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

Saturday, March 9, 2019

Annual Forecast for Verizon Communications (2019)


Verizon Communications shares (NYSE:VZ) do not enjoy a strong momentum at the present. The market seems to be consolidating, although the short-term trend is bullish.


The ADX period 14 is below the level 20, showing lack of momentum. The DM+ is not above the DM-, which emphasizes the current trendlessness in the market. The MACD default parameters, has its histogram and signal lines slightly above the zero line, which means there is some underlying forces in the market, which support bulls. Momentum will soon return to this market.

When momentum returns to the market, the most likely position is upside.

Azeez Mustapha

Market Analyst, Trading Signals Provider and Coach

Trading realities: Trading realities 
  

Buy and sell Perfect Money/Payeer/Epay; get funded quickly: www.ituglobalfx.com.ng