Bitcoin Still bulish



Technical Observation:

On the 4 hour chart above, Bitcoin has been contained above the three simple moving averages (14, 23, 50) and is still rallying above them. While the price is above these moving averages, I expect a surge higher and if the price breaks below the first moving average, (14), then I'll wait for a break below the lower moving average (50) to confirm a downward rally towards 10,000.00. As it is on the 4 hour chart above, this crypto is in an uptrend and therefore selling it may not be the best choice. Thus, I'm only into buy position. On the way upwards, the key lines to look for include 18,000.00, 20,000.00 and ultimately 30,000.00. If these are breached, then a rise towards 45,000.00 is expected by the end of 2020.

Trade Signal.

Buy Bitcoin now with your take profit at 30,000.00.

Lukoil Buy Signal



Technical Observation:

After failing to break below the support zone 3277.5-3261.4, Lukoil surged upwards and even broke out above the resistance zone 3384.2-3372.9. While the price is within this zone, I'm waiting for a rise above 3384.2 to buy Lukoil towards 3442.2 where I expect a to be a supply line. On the way upwards, the key lines to look for include 3407.5, and 3430.00. If these lines are breached, then I expect rise towards 3442.2. On the other side, if the price breaks below 3372.9, then a decline towards 3277.5 is expected. On the way downwards, the key support lines to look for include 3324.5 and 3277.5. If these lines are broken, then I'll wait for a breakout below 3261.4 to confirm a rally towards 3064.3 is expected.

Trade Signal.

Buy Lukoil now with your take profit at 3442.2.

Yandex Wekly Review



Technical Observation:

Since July this year, Russian multinational technology company specializing in Internet-related services and products, has been in a constant up trend and has been contained above the lower supportive trend line. In almost half year now, the price has been making higher lows, and is currently approaching the lower supportive trend line. This week, I expect a decline in value per share of this company but should not breakout below the lower trend line where I'll be looking to rebuy this share. In an event that the price clearly breach this trend line, then I expect a decline towards the weekly support zone 29.01-28.32.

Trade Signal.

Remain short, or wait and Rebuy upon a bounce from the lower trendline.

Get Bonus No Deposite in your Trading Account now and add this currency pair to your forex portfolio, enjoy your trading with us!

    
    

  

    Bonus 1000% Up To $100            WELCOME 30 USD

No comments:

Post a Comment