LTC bulls push prices to $222.82 levelToday Litecoin price analysis shows a bullish trend. Litecoin’s price is currently trading at $222.82 after bulls managed to push prices from an intraday low of $111.01. The market capitalization currently stands at $77 billion, with LTC’s dominance rate at 3.6%. Litecoin prices are seeking support at $109.77 but the immediate resistance is seen at $222.82.
Bulls managed to take control of the market yesterday, pushing prices from an intraday low of $111.01 to a high of $118.68. The market capitalization increased by more than $1 billion in 24 hours, with Litecoin’s dominance rate rising to 3.8%. Despite the bullish trend, LTC/USD prices are still facing some resistance at $222.82.
Prices
AVAX/USD set to spike higher todayTL;DR Breakdown
Avalanche price analysis is bullish today.
Support for AVAX/USD is present at $73.2.
Resistance for AVAX is found at $81.1.
The Avalanche price analysis is bullish today as the coin continues upside after rallying high yesterday. The price action is steadily upwards, and the coin price has broken above the resistance present at $77 level as this was a crucial resistance zone, and as a result, the coin price is touching $78.4 now.
As the bullish momentum has been quite steady since yesterday, we expect AVAX/USD to march further high later today and challenge the resistance present at $81.1 as there are imminent chances for bulls to continue their lead.
Bitcoin (BTC) Price Prediction: BTC/USD Holds above $39K SupportOn February 17, the bears succeeded in breaking below the $41,800 support as BTC price attempts a rebound. The breakdown signals the resumption of a downtrend. In retrospect, the largest cryptocurrency has been range-bound between $41,800 and $45,000 price levels. The bulls made several attempts but failed to break the $45,000 overhead resistance. Sellers have regained temporal control of prices as BTC/USD declines.
Resistance Levels: $70,000, $75,000, $80,000
Support Levels: $50,000, $45,000, $40,000
Bitcoin and Oil - Your gas prices are not going to get Lower.Today a small lesson in the harsh reality of this world.
Gas prices are on the rise as you know, same with oil, coffee, lumber, and many other things.
This may seem like "Not a big deal" however, oil prices could go parabolic over the next 8 years.
When Bitcoin broke out of its falling wedge it shot all the way up to $20,000 (starting at around $250)
Oil should see a similar move as bitcoin.
OIl moves slower than Bitcoin (much slower) but this move will still catch the world by surprise!
You must counter hyper inflation with proper investing.
If you don't play their game you get left behind in the dust.
Stay profitable.
- Dalin
Motion Lotion Futures Appear Suspiciously Soggy ⛽🏎️📉Put away those Oklahoma Credit Cards,
Gasoline Prices appears set to soften.
Rallies post 13th August have Bear Market characteristics.
Subtle though market is also making lower highs.
*Short ideas are SELL ideas only, don't support outright short selling.*
Peek the detailed breakdown notes
in the high def chart links below :
NYMEX:RB1!
AMEX:UGA
USOIL - BRENT - WTI : Will it ever pass 76$ this year? Maybe ...This is my idea for Oil Price movement until year end. Half way from Tech Analysis and Fundamental
WE WILL TAKE IN CONSIDERATION
Price History
Some Political / Economical rumors / idea
Weather incidence
General Market Stock Price
PRICE HISTORY
2019 Average prices between 50$ and 65$ (15$ movement)
2018 There was a small Pump but from September with Big Stock Drop also Oil dropped with from 75$ to 44$ (about 30$ lose)
2015 -2017 Average prices between 42$ and 52$ (10$ movement)
2015 Oil dropped from 107$ to 45$ (over 60$ movement within 6 month) (check EXPLANATION / GLOSSARY below)
2011-2014 Average prices between 85$ and 105$ (20$ movement) (Post SubPrime Real Estate Crisis)
1970-1980 Oil price peak from about 3$ (about 10$-15$ today) to 35$ (about 110$ today) (we analyze later why)
IN DEEP...
For your price prediction this news/rumors/idea must be taken in consideration
China and India says they will use SPRs Reserve to avoid Oil price to go Up any Further (reads : if Countries opens SPRs, OIL price drops )
Biden called China for "economical agree" (does it ask to wait to open SPRs reserve? Maybe)
Warehouse Shortage (stock supply, goods etc) where drained of by an hungry "buy everything frenzy" during Lockdown. To keep update with demand it is needed to accelerate production (isn't it quite impossible because of "bottle neck" everywhere??). If OIL price go up over reasonable area no-one will never be able to produce goods.
Biden asked to Opec to rise Oil Production on September. More OIL means drop in Oil Price.
Opec not responded clearly (are they trying to keep price high?)
There are some rumors about a law for a credit of 12500$ for people that will buy USA EV Cars within 10 years ( shift to Renewable Energy means less OIL request, more Oil stock available, price drop )
After 1970/1980 crisis, America know very well what means to not have Oil Reserve and to manage a real high price Oil Supply. If they aren't completely foolish, no one will permit price to rise over a reasonable prices. Too risky.
From September to November Hurricane risk is high. Usually a lot of traders bet for Oil price rise if some production area go down for some weeks.
MY IDEA
This is my idea, not a financial advice.
I believe that Gov will not let OIL price to rise over certain prices. We need to restart economy, to avoid collapse, and a low Oil price will let Industry to regain capacity.
If weather doesn't make damages, oil can stay low.
Industry cannot give another future Up Shot to Stock Market. There are few good to sell this year, expectation for very low gain. When there are drops on Stock Market, also Oil drops (check 2015 and 2018)
China & India (and maybe other countries) will for sure open SPRs, Oil prices will stay low until needed.
OPEC forecast is not so great for this year, so we can expect lower production but also less ask.
Likely price can go down to 60$ or even lower until (maybe) March 2021.
IDEA 1
Prices will stay in 60$-65$
IDEA 2
Price will follow an "likely" Stock Market downtrend Until December (see some historical drop similar to Covid, like 2018 drop)
IDEA 3
Price will drop on longer period until spring, when lower gains or losses will be revealed around a lot of sectors. Also I've insert a probability of prices rise for short period to 77$ (this happen on 2015 and 2018...15-30 days of delay from Stock Drop)
IDEA 4
Price will drop until Late December to 50$ area.
EXPLANATION / GLOSSARY
SPRs : Strategic petroleum reserves, crude oil inventories (or stockpiles) held by the governments of particular countries or private industry, for the purpose of providing economic and national security during an energy crisis. Those were created after 1970-1980 Oil crisis.
1970-1980 OIL CRISIS : Oil prices start to growth when American, Germany and other countries production capacity start to collapse. High demands for Oil Import rise the prices too much (from 3$ to 35$ is like 10$ to 110$ today ... wait... in 2020 prices go from 20$ to 77$...). This Oil supply request arrived at collapse...
2015 Oil dump : After SubPrime Real Estate crisis, Economic world start a run to rise everything to new levels. Ask for every type of goods was high, production same. Oil rise because of very high demand. Trend was so happy that Oil Supply reached the Over Supply. (every sector was saturated by extra good)... and OIL prices suddenly crashed from 107$ to 45$ (no more demand)
That's all folk. Remember this is not a financial advice.
Maybe I've missed out some ideas...but to write this article took about 1.5hr.
If you like it (and earned something with this ideas) you can consider to donate something to Paypal or Crypto Wallet. This will let me to write other consideration on stock market.
Thank you a lot
ZIL entry prices and target priceZIL x Y national art singapore comes in two weeks. Till then i dont expect ZIL to break through yet, so here are my entry prices based on the prolonged ascending triangle created.
Entry: .198 or .204
Target: .27 or .28
Hold duration: one to two weeks
Not a financial advise. Just a thought from a crypto neubie :)) Come and follow my journey in trading!
Bitcoin: Sell trade active, H&S on the hourly chartBitcoin fell below $10,800 on Monday, activating my sell trade on the top cryptocurrency.
Now the hourly chart has formed a head-and-shoulders pattern. The cryptocurrency is currently probing the neckline support, which if breached would strengthen the case for a decline to $10K.
here is the short trade I shared yesterday: Bitcoin: Sell below $10,800 (Bitstamp price)
Bitcoin: Sell below $10,800 (Bitstamp price)Bitcoin's weekly chart shows:
Downside break of bull market trendline
MACD has dropped below zero.
BTC charted a hanging man bearish candle last week.
5- and 10-week SMAs have produced a bear cross.
Trade: Sell below $10,800 target $10,000, $9,800 stop loss $11,200
ETH/USD: Major breakout on weekly, bear divergence on dailyWeekly chart shows a double bottom breakout.
Former resistance of $364 is now key support.
The broader trend looks bullish, but further gains could remain elusive for sometime as the daily chart shows a bearish divergence of the relative strength index.