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Sunday, June 30, 2019

Ethereum Price Prediction Today: Daily (ETH) Value Forecast – June 29


ETH/USD Long-term Trend: Bullish
·         Resistance Levels: $320, $340, $360
·         Support Levels: $300, $280, $260

The ETH/USD pair is now in a bullish trend. In retrospect, the price of Ethereum had been in a sideways trend trading between the levels of $220 and $280 for a month. On June 21, the bulls broke the $280 overhead resistance and reached the high of $315. From the chart, on June 26, the bulls tested the $360 price level and were resisted.

The ETH market was on a downward correction to the support of the 12-day EMA. The 12-day EMA support level was holding as the bulls make an upward move to the previous highs. The ETH price is above the 12-day EMA and the 26-day EMA which indicates that price is likely to rise.

On the other hand, if the bears break below the EMAs, the crypto’s price will fall to the low of $240 price level. On June 1, the ETH price has an opening balance of $267 and closing balance of $308 as at June 28. The price of Ethereum appreciated by 15% of its capilisazation in the month of June 2019. From the Fibonacci tool, the ETH price is in the downtrend zone of 0.50 Fib retracement level. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy 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.

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Friday, June 28, 2019

Litecoin Price Prediction Today: Daily (LTC) Value Forecast – June 27


LTC/USD Medium-term Trend: Bullish

·         Resistance Levels: $140, $150, $160
·         Support levels: $120, $110, $100

Yesterday, June 26, the LTC price was falling as the bulls fail to break the $140 overhead resistance level. The bulls have failed to break the $140 overhead resistance since June 11. On June 22, the bulls made their final attempt to break the $140 price level but were resisted. The bears have broken below the 12-day EMA and the 26-day EMAs which suggest that there is a likelihood of price continuous fall.

From the Fibonacci tool, the LTC price has broken the 0.236 and it is approaching the 0.382 Fib. retracement level. On the downside, if the bears break the 0.382 Fib, retracement level, the LTC price will be in the downtrend zone, trading at the $100, or $110 support level. The MACD line and the signal line are above the zero line which indicates a buy signal.


LTC/USD Short-term Trend: Bearish


On the 1-hour chart, the LTC price is in a bearish trend. On June 25 and 26, the bulls were resisted at the $137 resistance zone. The crypto’s price fell to a low at $115 as the bulls pulled back price to the EMAs. The price  of Litecoin may further depreciate as price is below the EMAs. 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.


Sunday, June 23, 2019

Ethereum Price Prediction: Long-term (ETH) Value Forecast – June 22


ETH/USD Long-term Trend: Ranging
·         Resistance Levels: $300, $320, $340
·         Support Levels: $280, $260, $240

The ETH/USD pair is now in a bullish trend. In the last one month, the price of Ethereum had been trading between the levels of $220 and $280. The bulls had made several attempts to break out this range but to no avail. On June 21, the bulls broke the $280 upper price range and reached the previous high of $315 price level.

The 12-day EMA and the 26-day EMA are trending  northward indicating an uptrend. A trend line has been drawn to determine the duration of the bullish trend. If a bullish trend is ongoing, the candlestick will test the trend line and make an upward move to the previous highs or new highs.

eETH/USD pair is still in a bullish trend. However, if price breaks the trend line and another candlestick closes on the opposite of it; the bullish trend is said to be terminated. The ETH price is expected to reach a high of $340 price level. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy 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.

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Source: www.bitcoinexchangeguide.com     

Friday, June 21, 2019

The problems of rich people


 What are the dark sides of being financially well off that people overlook?

I’ve met a few mega-rich people in my time. Not one of them was happy. The best example was a guy I knew in Chicago. Worth about half a billion bucks, he had the penthouse suite in the apartment block in Chicago which he owned and a huge house on the water’s edge in Miami. Each location had a Porsche, a Mercedes and a super muscle car in its garage. Winters were spent in Miami, summers in Chicago. At the Miami house, the boat ramp had a 40 foot fast craft and a few water bikes.

He was built on my lines, short, stocky, a few years younger than I but going bald. When I went out to lunch with him one day, he expressed his deep worries and decisions to be made:

He was always upset at having missed a couple of deals that would have made him another $80M. I asked him what he would do with that money that he couldn’t do now and he was confused by the question;



He was worrying about whether he should get hair transplants;

He was worried that the Playboy models and centrefolds who came to stay at his house and share his bed were really attracted to him or his money; I was there when a couple of these women were there and I saw no signs that they particularly liked him, so he may have had a point;

He was equally worried that the sports superstars who were his friends really liked him or were they laughing behind their backs at his short stature;


What are the dark sides of being financially well off that people overlook?




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





Do the United States have the right to attack other countries?



What gives America the right to invade foreign nations, and change their governments? Should this be allowed?

Dude, I thought we settled the question 2,400 years ago, during the Peloponnesian wars: “we shall not trouble you with specious pretenses … since you know as well as we do that right, as the world goes, is only in question between equals in power, while the strong do what they can and the weak suffer what they must.”

According to Thucydides, that is what a certain Democratic Empire, Athens, told the citizens of another state in response to their refusal to support Athenian “interests” in the region. Shortly after, Athenian soldiers invaded Melos, massacred countless innocent men and sold their wives and children into slavery.



Your mistake here is the attention paid to post-hoc explanations which invoke imaginary “rights” to justify brutal invasions or subjugation of weaker peoples. America is strong. That’s the end of it.

And like all Empires, America is more than happy to crush anyone who challenges its power. And the goodies the position of strength affords those in power to keep citizens relatively satisfied. At least enough that they will not revolt. As always, there is no shortage of philosophers to justify the endeavor and politicians to sucker the public into supporting war.

It’s really quite simple. Politics is about power. In order to stay in power, one must make certain sacrifices. A war will do wonderful things to shore up the support of those you need to stay in power, whether they be private business interests or just a good old leech on the misguided patriotism of the masses. When an invasion can help the big guy remain in power, or otherwise promote his influence (or at least gives him good reason to think it will) we go to war. Sometimes, it doesn’t even blow up in our faces. At least not yet. Think about Germany, Japan and South-Korea. More often, it’s the same spectacle of immoral barbarity Empires have always engaged in. Iraq, the Gulf, Vietnam, Latin America and coming to a place near you: Iran.

Of course, when the big guy has no reason to think that a war will serve his power, we are principled isolationists. We can even stand by, refrain from the urge to spread Democracy and Freedom, as 800,000 people are slaughtered in the span of a few weeks.




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Thursday, June 20, 2019

Bitcoin Price Prediction Today: Daily (BTC) Value Forecast – June 20


BTC/USD Medium-term Trend: Bullish
·         Resistance Levels: $9,000, $9,200, $9,400
·         Support levels: $8,800, $8,600, $8, 400

Yesterday, June 19, the BTC price was in the bullish trend zone. The hurdle to jump over is the $9,400 overhead resistance. The bulls have been battling to jump over the $9,400 resistance since June 17. Today, the BTC price was trading at $9,277 as at the time of writing. The crypto is trading and ranging below the overhead resistance levels.

From the Fibonacci retracement level, the market is trading above the 0.236 and 0.382 Fib. retracement levels. These are continuation zones for a trending market. The BTC coin is expected to break the $9,400 resistance level. On the upside, the bulls will overcome the $9,400 resistance, if more buyers are introduced at the upper price levels. Meanwhile, the MACD line and the signal line are above the zero line which indicates is a buy signal.

BTC/USD Short-term Trend: Ranging

On the 1-hour chart, the BTC price is in a bullish trend. From the chart, the bulls have tested the  $9,400 resistance level on more than three occasions . Three attempts had been made to break the overhead resistance but to no avail.

On the upside, if the bulls break $9,400 overhead resistance, the crypto’s price will reach the $10,000 price level. Meanwhile, the MACD line and the signal line are above the zero line which indicates is a buy 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


Tuesday, June 18, 2019

Premier African Minerals - a weak stock


Premier African Minerals shares (LSE:PREM) is a weak stock and it can remain so for a long time. The market has been forming a series of lower highs and lower lows for the past several months, proffering sellers with ample opportunities to go short at better prices.

4 EMAs are used for this analysis and they are EMAs 10, 20, 50 and 200. The color that stands for each EMA is shown at the top left part of the chart.

All the EMAs are sloping downwards and, price, though choppy, is below the EMA 10. This shows a strong “sell” signal.

Further lower highs and lower lows are expected in the market within the next several months. You may want to take rally attempts on PREM as short-selling opportunities.


Azeez Mustapha

Market Analyst, Trading Signals Provider and Coach

Trading realities: Trading realities


BP begins a downwards movement


BP stock (NYSE:BP) has begun a clear downward movement. The sell signal is still fresh and the market has much more room to go downwards.

Last month, price moved briefly below the lower Trendline, moved above it, and eventually moved below it this month (as price could not reach the upper Trendline, not to mention breaking it to the upside).

The RSI period 14 is also currently below the level 40, pointing towards the level 30. The signal in the market is very bearish.

BP is expected to continue sliding downwards towards the support levels at 35.00, 30.00 and 25.00 within the next several months.

Azeez Mustapha

Market Analyst, Trading Signals Provider and Coach

Trading realities: Trading realities 
  

Sunday, June 16, 2019

Litecoin Price Prediction: Long-term (LTC) Value Forecast – June 15


LTC/USD Long-term Trend: Bullish

·         Resistance Levels: $120, $140, $160
·         Support levels: $110, $80, $60

The LTC/USD pair is in the bullish trend zone. The LTC market had earlier traded in a sideways trend. On April 3, the LTC made an upward move but were resisted at the upper price level. The price retraced to the support of the $80 price level and commenced a sideways trend. On May 11, the LTC market resumed a bullish trend.

The crypto’s price is making a series of higher highs and higher lows. The crypto’s price retraced to the support of 12-day EMA at the $100 and $120 price levels but the bulls continue their upward move to the higher price levels. Presently, the crypto’s price is facing resistance at the $135 price level. From the Fibonacci retracement level, the price is at the 0.236 (23.6%) Fib. retracement.

On the upside, the LTC price is likely to rise because the price is in the continuation zone of the 0.236 (23.6%) and 0.382 (38.2%) Fib. retracement levels. In addition, if the bulls overcome the $135 resistance level, the price would reach a high of $150 or $160 price level. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy 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.

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Sunday, June 9, 2019

Ethereum Price Prediction: Long-term (ETH) Value Forecast – June 8


ETH/USD Long-term Trend: Ranging
·         Resistance Levels: $280, $300, $320
·         Support Levels: $240, $220, $200

The ETH/USD pair is trading in a range-bound zone. The ETH market is trading between the levels of $240 and $280. In the last three weeks, the bulls and the bears were yet to break their respective levels. On June 3, the bulls were resisted and the price fell to the $240 support level.

The lower price range was holding as the bulls took another initiative to resume the range bound move. However, the appearance of small body candlesticks provides indecision between the buyers and sellers at the current market price. Nevertheless, if the crypto continues its range-bound movement, the price of Ethereum is likely to face a bullish breakout or a bearish breakout.

At the upper price level, if there is a bullish breakout at the $280 resistance level, the ETH price will rally above the $320 price level. On the other hand, if there is a bearish breakout at the $240 price level, the coin will depreciate to a low at $160 price level. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy 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.

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Source: www.bitcoinexchangeguide.com     

Friday, June 7, 2019

When a trader reaches 50 years of age…


SIGNIFICANT BIRTHDAYS HAVE a way of making you look backward... and forward.

I've just reached a milestone birthday. Five decades. I can't help but reflect. If we're to go on averages, the days ahead will be fewer than those I have already lived.

With the days I've left behind, I feel content.

Now, I find myself wondering what the next decade will hold for my life. It will see my children complete school and University, and maybe even meet their life partners (How can that be? It feels like only yesterday when I was finishing high school. Time concertinas and expands in the oddest of ways).



In the next decade, I'm likely to see the passing of other friends, no matter how tightly I want to hold onto them.

I'm also 100% sure I'll see new traders come into the market and flourish beyond that which they ever believed would be possible, because of their hard work and my belief in them.

It's such a shame we can't live our lives backwards, instead of forwards - so we'd know what is to come.

And for you... what's to come for you? Are you content with where you've come to so far?

It's not too late if you haven't achieved what's in your heart.

If you're like me - your identity... your essence, is that you're a trader. You can feel it in your gut.

We don't get another smack at this life. If you're on the brink of a decision to be an exceptional trader... what's stopping you?

There might be less time available than you think.

Author: Louise Bedford

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

Monday, June 3, 2019

Standard Chartered to reach new highs



Standard Chartered shares (LSE:STAN) are supposed to reach new highs, given the current bullish effort that is being made in the market.

The ADX period 14 is around the level 20; which means a lack of momentum in the market. The DM+ and the DM- are intertwined, they would move apart from each other when momentum returns to the market (which would probably favor bulls).


The MACD default parameters, has its signal lines above the zero line, while its histogram is below the zero line. However, given the real price action in the chart, the market has a higher probability of moving upwards than moving downwards.

When the ADXI period 14 moves above the level 30, and the DM+ moves above the DM-; when MACD default parameters, has both its signal lines and histogram above the zero line, then there would be a Bullish Confirmation Pattern in the chart, meaning price may go further upwards.

Anything short of the conditions in the preceding paragraph would hinder a clean bullish signal to form. Should in case the indicators fully support the expected bullish breakout, STAN may reach the resistance lines at 750.00, 800.00 and 850.00.  

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

Chevron begins to slide downwards


Chevron stock (NYSE:CVX) has started a downturn following the recent bullish effort. The bearish downturn began in the middle of April 2019, and it has led to a “sell” signal.

Price is now under the EMA 21, while the Williams% Range period 20 has moved into the oversold territory. That is a bearish signal which would be valid for the next several months.


Chevron is supposed to reach the demand levels at 110.00, 100.00 and 90.00 very soon.

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

                                               

Sunday, June 2, 2019

Litecoin Price Prediction: Long-term (LTC) Value Forecast – June 1


LTC/USD Long-term Trend: Bullish
·         Resistance Levels: $105, $110, $115
·         Support levels: $100, $90, $80

The LTC/USD pair is in the bullish trend zone. On April 3, the LTC market had been trading below the $100 resistance level before it was broken. During the month of April, the LTC market fell to a low at $70 support level. In the month of May, the bulls made an upward move and tested the $100 resistance twice before breaking it.

On May 24, the bulls broke the $100 resistance level to reach a high of $120 price level. The bulls were resisted at the $120 price level and price retraced to the support of the 12-day EMA. On the upside, if the 12-day EMA is holding, the crypto's price is likely to rise to retest or break the $120 resistance level.

On the downside, if the bears break below the EMAs or below the $100 price, the crypto's price will fall to either a low at $70 or $90 price level. Meanwhile, the coin has an opening balance of $78 in the month of May 2019. The crypto has a closing price of $114 as at May 31. This indicates that the LTC market appreciated by 46% of its capitalization in the month of May 2019. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy 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.