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XAGUSD Boosts Gains From Weekly Lows, Further Advances Likely XAGUSD Price Analysis – May 16 At the end of the prior session, the white metal turned positive away from weekly lows of $26.72 and shot to two-day highs, around $27.48 level. XAGUSD trend appears to be stacked in favor of buyers, implying that further advances are likely. Following worse-than-expected US results, the dollar fell on Friday. Key Levels Resistance Levels: $30.13, $28.90, $27.92 Support Levels: $26.72, $25.50, $24.50 XAGUSD Long term Trend: Ranging In terms of the technical context, the XAGUSD has been trending higher along an upward sloping moving average (MA 13) extending from Apr.13 lows around the $25.00 level. The recent pullback from the $30.13 yearly high stalled near the ascending trendline. The low around the daily ascending trendline at $23.78 could provide immediate support in the event of an unexpected decline. Any further upward movement from current levels may face fierce opposition near the immediate horizontal level at $27.50. A valid breach beyond the $28.00 mark will drive the XAGUSD past the upside channel hurdle near the $28.32 supply zone, pressuring the prior tops. A steady step towards the February 1 highs may be possible if it breaks above the $27.50 mark. XAGUSD Short term Trend: Ranging Silver appears to be launching toward a significant technical barrier at the $27.50 mark, as seen on the 4-hour chart. If the barrier holds, XAGUSD is likely to find support near the $26.72 level thanks to a 4 hour moving average of 13 which seems to be a return to expand gains against the US Dollar in the short term. The upside range between $28.00 and $30.00 may be a potential upside target; in the meantime, bears are unlikely to win the market. A sustained break below, on the other hand, can be seen as the first signs of bullish fatigue, putting the pair at risk of testing the $25.00 region. Source: https://learn2.trade

GOLD (XAUUSD) REBOUNDS ABOVE $1,780 SUPPORT, RESUMES UPTRENDING Gold (XAUUSD) Rebounds above $1,780 Support, Resumes Uptrending Key Resistance Levels: $1,900, $1,950, $2000 Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: Bullish Gold price has resumed upward move after breaking the resistance at $1,780. The market pullback to retest the $1,780 support and then resumed upward. This signals the resumption of an upward move. Meanwhile, on April 22 uptrend, a retraced candle body tested the 61.8% Fibonacci retracement level. The retracement indicates that Gold is expected to rise to level 1.618 Fibonacci extension or the high of $1,840.25. XAUUSD – Daily Chart Daily Chart Indicators Reading: Gold price has risen to level 64 of the Relative Strength Index period 14. It indicates that Gold is in the uptrend zone and approaching the overbought region. The 21-day SMA and 50-day SMA are sloping upward indicating the uptrend. Gold (XAUUSD) Medium-term bias: Bullish On the 4 hour chart, the XAUUSD price is in an upward move. The market has resumed an upward move after breaking the initial resistance. On May 3 uptrend; a retraced candle body tested the 38.2% Fibonacci retracement level. The retracement indicates that Gold is expected to rise to level 2.618 Fibonacci extensions or the high of $1,850.16. XAUUSD – 4 Hour Chart 4-hour Chart Indicators Reading XAUUSD is above the 80% range of the daily stochastic. Gold is trading now in the overbought region. The 21-day SMA and the 50-day SMA are sloping upward indicating an uptrend. General Outlook for Gold (XAUUSD) XAUUSD price has resumed uptrend after breaking the resistance at $1,780. Gold price is retracing after reaching the high of $1,818. The upward move is doubtful because the market has reached the overbought region. Source: https://learn2.trade

Litecoin (LTC) Is in a Downward Move as the Altcoin May Find Support Above $340 Key Highlights Litecoin is in a downward move, approaching the $350 low It has a target price of $320 low Litcoin ( LTC) Current Statistics The current price: $359.37 Market Capitalization: $30,202,613,550 Trading Volume: $11,037,650,926 Major supply zones: $200, $220, $240 Major demand zones: $100, $80, $60 Litecoin (LTC) Price Analysis May 11, 2021 Litecoin has been in a downward move since May 10, after its rejection from the $420 resistance zone. The altcoin has declined to $350 low. As the market retraces, it may find support above the $340 low. The $340 low was the previous resistance level that was earlier broken. The market will find support above that level. Nevertheless, a Doji candlestick has appeared above the current support. The candlesticks describe the indecision between buyers and sellers about the direction of the market. LTC/USD – Daily Chart Litecoin (LTC) Technical Indicators Reading The crypto’s price is far above the moving averages which indicate a possible rise of the coin. The altcoin is at level 65 of the Relative Strength Index period 14. This implies that the crypto is in an uptrend zone and may resume an upward move. LTC/USD – 4 Hour Chart Conclusion On the 4–hour chart, Litecoin is in a downward move after the rejection at the recent high. On the 4 hour chart, the altcoin is likely to further decline. On May 10 downtrend; a retraced candle body tested the 38.2% Fibonacci retracement level. This retracement indicates that the market will rise to level 2.618 Fibonacci extension or the low of level $317.30 Source: https://learn2.trade

Cardano Price May Retest $1.87 Resistance Level ADA Price Analysis – May 11 When the bulls increase their momentum, the resistance level of $1.87 will be penetrated and the price may increase to the resistance level of $2.08 which may extend to $2.45 level. Should the sellers interrupt the bulls’ pressure and gain enough momentum, ADA/USD may decline to $1.64, $1.46 and $1.23. ADA/USD Market Key Levels: Resistance levels: $1.87, $2.08, $2.45 Support levels: $1.64, $1.46, $1.23 ADA/USD Long-term Trend: Bullish Cardano is bullish on daily chart. Cardano followed the bullish pattern (Head and Shoulder) formed two weeks ago. The price soared to the resistance level at $1.87 after it breaks up the former resistance levels of $1.46 and $1.64. On May 10, the coin pulls back at the resistance level of $1.87 to retest the $1.64 level. Today, the bulls are dominating the market, which means the price may increase further. ADAUSD Daily chart, <May 11 Cardano continue its trading above the 9 periods EMA and 21 periods EMA at a distance to the EMAs. When the bulls increase their momentum, the resistance level of $1.87 will be penetrated and the price may increase to the resistance level of $2.08 which may extend to $2.45 level. Should the sellers interrupt the bulls’ pressure and gain enough momentum, ADA/USD may decline to $1.64, $1.46 and $1.23. The technical indicator Relative Strength Index period 14 is at 75 levels with the signal line pointing upside which indicates a bullish signal. ADA/USD Medium-term Trend: Bullish Cardano is on the bullish movement on 4-hour chart. ADA approaches the high level of $1.87 last week. The breakup of the level is prevented by the pressure of the bears. The price pulled back to retest the support level of $1.46. The bulls defends the $1.46 level and the price is currently increasing towards the $1.87 for second touch. ADAUSD 4-hour chart, May 11 The price is trading above the 9 periods EMA and 21 periods EMA while the two EMAs are close to each other indicating low market volatility. The relative strength index period 14 is at 60 levels and the signal line pointing up to indicate buy signal. Source: https://learn2.trade

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USDCHF Buyers Smash Through Daily Resistance of 0.9150 on Wide Range Strengthening of US Dollar USDCHF Price Analysis – May 4 During the European session, the USDCHF brings the buyers’ interest to the test, with the possibility of a recovery from the downside pressure to crack the sellers’ grasp. As technicals reveal a dominant selling side, buyers smashed through the barrier at 0.9150. The dollar is being boosted by expectations of stronger economic growth in the United States. Key Levels Resistance Levels: 0.9472, 0.9300, 0.9160 Support Levels: 0.9080, 0.9045, 0.8998 USDCHF Long term Trend: Ranging The US dollar remains bullish against the Swiss franc at the beginning of the week, as the pair’s intra-day correction finds buyers at 0.9110 level, up from 0.9104. In a broader sense, the drop from 0.9472 medium-term high is considered the 2nd pattern period since the plunge from a recent high of 0.9901. For the time being, there is no sign that the range will be completed. In continuation, the next goal will be a 138.2 percent projection from 0.9901 to 0.8757 from 0.9472 at 0.9080 levels. A successful break of the 0.9200 resistance level, however, will be an early sign of trend reversal and a change of focus back to the 0.9300 key resistance level for confirmation. USDCHF Short term Trend: Bearish The short-term risk in the USDCHF market appears to be seeking to retain its downside in the 4-hour time frame, in addition, trend signals remain mixed for now, indicating that any price strength may be transitory. Overall, the outlook for USDCHF remains unchanged, and the intraday bias is initially neutral. The trading range starting at 0.9472 is widening. In the event of a steeper fall, the 38.2 percent retracement of 0.9080 to 0.9160 levels at 0.9127 could absorb the downside step and usher in a stronger recovery. Source: https://learn2.trade

USD/JPY Resumes Uptrend as Bulls Targets Level 111.00 Key Resistance Levels: 111.000, 112.000, 113.000 Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: Bullish Since April 26, the USD/JPY pair has resumed an upward move after falling to the low of level 108.00. Firstly, the Yen has broken above the moving averages which indicates a possible rise of the pair. The pair is currently above level 109.00 but it is consolidating above the current support. USD/JPY – Daily Chart Daily Chart Indicators Reading: The Yen is at level 57 of the Relative Strength Index period 14. This implies the market is in the uptrend zone and above the centerline 50. The pair is above the 21-day and 50-day SMAs which indicates that the currency will rise. The uptrend is currently facing resistance at level 110.00. USD/JPY Medium-term Trend: Bullish On the 4-hour chart, the Yen has risen to level 109.69 but pulled back to level 109.00. Since May 3, the market now fluctuates between levels 109.00 and 109.69. Meanwhile, on April 28 uptrend; a retraced candle body tested the 61.8% Fibonacci retracement level. It indicates that the market will rise to level 1.618 Fibonacci extension or level 110.07. USD/JPY – 4 Hour Chart 4-hour Chart Indicators Reading USD/JPY pair is above the 60% range of the daily stochastic. It indicates that the pair is in a bullish momentum. The 21-day and 50-day SMAs are sloping upward indicating the uptrend. General Outlook for USD/JPY The Yen is in an upward move. The uptrend is facing resistance at level 109.69. A rally above level 110.00 is expected if the current resistance is breached. Meanwhile, the Yen is trading at level 109.30 at the time of writing. Source: https://learn2.trade

Gold (XAUUSD) Faces Rejection at Level $1,760, May Resume Downward Key Resistance Levels: $1,900, $1,950, $2000 Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: Bearish Gold is presently in a downward move. The current downward move was a rejection from $1,950. On March 8 downtrend; a retraced candle body tested the 50% Fibonacci retracement level. The retracement indicates that Gold is expected to fall to level 2.0 Fibonacci extension. That is the low of level $ 1539.83. The price action has confirmed this low but the downtrend will resume it breaks below $1,700. XAUUSD – Daily Chart Daily Chart Indicators Reading: The price has fallen to level 41 of the Relative Strength Index period 14. It indicates that Gold is in the downtrend. The price has broken below SMAs which indicates that Gold is falling. The SMAs are sloping southward. Gold (XAUUSD) Medium-term bias: Bearish On the 4 hour chart, the XAUUSD is also in a downward move. On March 8, the XAUUSD fell to $1,680 support. Buyers push the price to retest level $1,760 high. The downtrend has resumed and if the bears break the previous support at $1,680, the selling pressure will resume. XAUUSD – 4 Hour Chart 4-hour Chart Indicators Reading XAUUSD is below the 80% range of the daily stochastic. The market has reached the overbought region. The price is in a bearish momentum. The SMAs are sloping downward indicating the downtrend. General Outlook for Gold (XAUUSD) XAUUSD is falling after rejection from level 1760. The price is at the point of breaking below the SMAs A successful breakdown will mean a further downward movement of prices. Source: https://learn2.trade

Silver Price: XAGUSD Reverses From Daily Highs, As Further Weakness Stays in Focus XAGUSD Price Analysis – April 25 After failing to consolidate the prior week’s high at $26.30, Silver (XAG) has dropped back towards the $26.00 level with Friday’s close of $25.85 level. A sharp rise in US Treasury bond yields appears to be putting pressure on the white metal. From the last session, the benchmark 10-year US T-bond yield stays at 1.567 percent, up nearly 2%. Key Levels Resistance Levels: $28.90, $27.50, $26.64 Support Levels: $25.50, $24.50, $23.50 XAGUSD Long term Trend: Ranging With prices consolidating beneath the $26.65 resistance zone, XAGUSD has held a tight grip near the moving average of 5. The resistance level near $26.64 remains within reach on the upside. However, only a good close above the prior day’s high at the $26.40 level can signal additional gains. In the white metal, the pair may open with a downside bias. If Silver loses the $26.00 round number, we foresee a drop to the $25.00 support band during the new week. The relative strength index is almost at its midpoint, which may indicate a weakness in price near the $26.00 support mark. XAGUSD Short term Trend: Ranging The XAGUSD price is expected to trade sideways in the near term before it flips moving averages 13 into support, which is located above the $26.00 mark. Bears would set their sights on $25.50 as an immediate target, with a breach risking a move towards a $25.00 support band. Bearish short-term analysis and negative sentiment aid bears, who are ignoring the recent bounce from $23.78 Mar.31 low for the time being, although some price adjustment may be anticipated. Downticks beneath key support are expected to provide better opportunities to re-join the bearish market in the coming session. Source: https://learn2.trade

Ethereum (ETH) Price Analysis: Ether Retraces But Stuck Below $2.360 Resistance Key Highlights Ethereum is stuck below $2,360 resistance The biggest altcoin fluctuates between $2,275 and $2,350 Ethereum ETH) Current Statistics The current price: $2,327.71 Market Capitalization: $269,505,078,336 Trading Volume: $38,035,086,526 Major supply zones: $2,000, $2,200, $2,400 Major demand zones: $1,800, $51,600, $1,400 Ethereum (ETH) Price Analysis April 21, 2021 Ethereum is in a downward correction as buyers push Ether on the upside. The upward move is facing rejection at the $2,350 high. Meanwhile, on April 6 uptrend; a retraced candle body tested the 78.6% Fibonacci retracement level. The retracement implies that ETH will rise to level 1.272 Fibonacci extensions or the high of $2299.62. At this price level, the altcoin will reverse to the 78.6 Fibonacci retracement level where it originated. ETH/USD – Daily Chart ETH Technical Indicators Reading Ethereum is at level 58 of the Relative Strength Index period 14. ETH is still in the uptrend zone and capable of rising. The 21-day SMA and 50-day SMA are sloping upward indicating the uptrend. ETH/USD – 1 Hour Chart Conclusion On the 4-hour chart, the Ethereum price is stuck below the $2360 resistance level. On April 21 uptrend, a retraced candle body tested the 78.6% Fibonacci retracement level. This retracement indicates that Ethereum will rise to level 1.272 Fibonacci extension or the high of $2,419.70. From the price action, the market is retracing from the recent high. Source: https://learn2.trade

Ripple Surges as CoinShare Launches Ripple-Based ETP Ripple (XRP) has spiked to a new three-year high to almost $2 as Europe’s largest cryptocurrency investment firm, CoinShare, launches an XRP-focused ETP. After releasing exchange-traded products (ETP) for Bitcoin, Ethereum, and Litecoin, CoinShares has trained its focus on an XRP ETP. The Europe-based crypto investment firm revealed that the XRP ETP would get listed on the regulated Six Swiss Exchange, and each unit will get backing from physical tokens, just like previous projects. Despite the ongoing legal issue with the SEC, Ripple continues to see widespread adoption across the globe. CoinShare noted that its decision to launch an XRP-based ETP got triggered by the recent performance of the XRP. The new ETP will get listed in the SIX Swiss Exchange bearing the ticker XRPL, which got developed by CoinShare’s very own CoinShare Physical. Each unit of the ETP, backed by the US dollar, will represent 40 tokens at launch and would have a base fee of 1.5% p.a. Townsend Lansing, Head of Product at Coin, noted that the launch of this product comes amid a frenzied adoption by retailers. That said, XRPL will be the eighth ETP released by CoinShare and the fourth since the beginning of the year. Key XRP Levels to Watch — April 14 Ripple is currently consolidating below the $1.9000 resistance level, following a surge to the $1.9637 high yesterday. The fourth-largest cryptocurrency is trading along an ascending channel, as the broader market mood picks up immense bullish steam ahead of the Coinbase IPO. XRPUSD – Hourly Chart That said, the cryptocurrency could continue to consolidate and even decline to the $1.7000 level in the run-up to today’s headlining event. Meanwhile, our resistance levels are at $1.9000, $2.0000, and $2.1000, and our support levels are at $1.7000, $1.6000, and $1.5000. Total Market Capitalization: $2.2 trillion Ripple Market Capitalization: $82 billion Ripple Dominance: 3.7%

GBP/USD Continues Downtrend After Rejection at Level 1.3900 Key Resistance Levels: 1.4200, 1.4400, 1.4600 Key Support Levels: 1.3400, 1.3200, 1.3000 GBP/USD Price Long-term Trend: Bearish GBP/USD has been in a downward move after its rejection from level 1.4200. After the initial fall, the Pound is making a series of lower highs and lower lows. On March 5, a retraced candle body tested the 61.8% Fibonacci retracement level. The retracement implies that the pound will fall to level 1.618 Fibonacci extensions or level 1.3493. GBP/USD – Daily Chart Daily Chart Indicators Reading: The 21-day and 50-SMAs are sloping horizontally. The pair has fallen to level 44 of the Relative Strength Index period 14. This indicates that the Pound is in the downtrend zone and capable of falling on the downside. GBP/USD Medium-term Trend: Bearish On the 4-hour chart, the pair has resumed a downward move. On April 8 downtrend; a retraced candle body tested the 61.8% Fibonacci retracement level. The retracement indicates that the pair is likely to fall to level 1.618 Fibonacci extension or level 1.3641. GBP/USD – 4 Hour Chart 4-hour Chart Indicators Reading The GBP/USD pair is currently below the 80% range of the daily stochastic. It indicates that the pair is in a bearish momentum. The SMAs are sloping southward indicating the downtrend. General Outlook for GBP/USD The GBP/USD is in a downward ward move. The recent downtrend was a result of rejection from level 1.3900. According to the Fibonacci tool, the Pound will fall to level 1.3493. Source: https://learn2.trade

EURUSD Upside Run Recedes Under 1.1900 Level, Dollar Begins the Week on a Strong Note EURUSD Price Analysis – April 12 From early session tops around the 1.1904 mark, the EURUSD has receded to approach mid 1.1800 level during Monday morning trading. The dollar started the week on a stronger note as Fed’s bullish remarks lent some support to the greenback. Key Levels Resistance Levels: 1.2190, 1.2050, 1.1952 Support Levels: 1.1800, 1.1693, 1.1422 EURUSD Long term Trend: Ranging The EURUSD is attempting to lower its price below the MA 5 at 1.1875, but it is running into horizontal support at $1.1870, and on break may lead to a bearish decline to the 1.1800 marks. A bounce from this zone, on the other hand, could lead to a retest of the 1.1900 level. A bullish breakout above the resistance level of 1.1952 could signal a sudden return to the upside. The rise from the 1.0635 level is seen as the third step of the pattern from the 1.0339 (low) level in the wider sense. Following a sustained rally, cluster resistance at 1.2050 could be seen. As long as the 1.1422 resistance level, which has now turned support, holds, this will be the preferred scenario. EURUSD Short term Trend: Ranging For the day’s start, the EURUSD struggles to alter the intraday bias from neutral, but with minor support at 1.1870 intact, a further rise is likely. Above 1.1952 level, the recovery from 1.1740 to 1.1927 minor resistance may continue. Resistance is at its April peak of 1.1927, with 1.1952 and 1.1989 levels seen in March. There may be a strong break there, indicating that the correction from the 1.2243 level has been completed at the 1.1740 level. A break of 1.1870 near-term support, on the other hand, would shift the bias back to the downside, with the 38.2 percent retracement of 1.0635 to 1.2243 at 1.1693 levels. Source: https://learn2.trade

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Silver Price: XAGUSD Sustains Upside Bias Past $25 as US Dollar Remains Pressured XAGUSD Price Analysis – April 5 The white metal managed to continue its rebound from lows of $23.78. Silver (XAGUSD) is building on Friday’s rebound above $25.00 as the US dollar remains pressured after Jobless Claims. Key Levels Resistance Levels: $27.50, $26.77, $26.00 Support Levels: $24.50, 23.50, $21.89 XAGUSD Long term Trend: Ranging The technical analysis on the daily chart shows that Silver (XAG) is advancing after breaching the $25 mark. If the buyers find a foothold above that level, the next powerful hurdle past the MA 13 could be put to test. The daily Relative Strength Index (RSI) holds well beneath the midline, suggesting that the consolidation outlook remains intact. However, a clear break of the MA 13 at the $25.25 level, comprising the next horizontal resistance line at $26 level becomes necessary for the bulls to step in. It should also be noted that the moving average 13 level of $25.22 level offers immediate resistance to the quote. XAGUSD Short term Trend: Ranging On the 4 hour chart, the latest XAGUSD advance may attack the top surrounding the $26 level before targeting the $28.90 horizontal resistance level. Though, the 4-hour channel resistance line at the $26.77 level will challenge the bulls, a break of which will quickly direct the quote towards the yearly high of $30.13 level. Meanwhile, a downside break of moving average 5, at $24.70 level now, will fetch the commodity prices to the channel support line, currently around $24.50 level. The preferred scenario would be a long position beyond the $25.00 level with targets at $26 & $26.77 levels in extension. Source: https://learn2.trade

Gold (XAUUSD) Breaks the $1,750 Resistance, Resumes Uptrend Key Resistance Levels: $1,900, $1,950, $2000 Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: Ranging Gold is making positive moves as price breaks the resistance at $1,750. XAUUSD will be out of the range-bound zone if the bullish momentum is sustained. The upward move may face resistance at $1,800 and $1,840. In the previous price action, Gold was rejected at those previous highs. XAUUSD – Daily Chart Daily Chart Indicators Reading: The gold price has broken the resistance of the horizontal channel. The uptrend will resume if price breaks the resistance level and closes above it. The 21-day SMA and 50-day SMA are sloping downward but are making a U-turn. Gold (XAUUSD) Medium-term bias: Bullish On the 4 hour chart, the XAUUSD has resumed an uptrend as price breaks the resistance at $1,750.On April 6 uptrend, a retraced candle body tested the 61.8% Fibonacci retracement. The retracement implies that Gold will rise to level 1.618 Fibonacci extension. That is the high of level $1,758.71. XAUUSD – 4 Hour Chart 4-hour Chart Indicators Reading XAUUSD is above the 80% range of the daily stochastic. The stochastic bands are sloping upward and approaching the overbought region of the market. Gold has a bullish crossover as the 21-day SMA crosses above the 50-day SMA. This bullish crossover indicates bullish signals. General Outlook for Gold (XAUUSD) XAUUSD price has broken the resistance at $1,750. The Gold price is expected to resume an uptrend as the market was earlier range bound between $1,720 and $1,750 since February. The present upward move will be short-lived as price reached the overbought region of the market. Source: https://learn2.trade

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GBP/JPY Sustains Recent Rallies, Continues To Push on the Upside Key Resistance Levels: 150.000, 152.000, 154.000 Key Support Levels: 146.000, 144.000, 142.000 GBP/JPY Price Long-term Trend: Bullish The GBP/JPY is in a smooth uptrend. The uptrend has been characterized by small body candlesticks. Yesterday, the price retraced to level 151.45 low as the market commenced the resumption of the uptrend. The pair is already in the overbought region of the market. The price movement is doubtful. GBP/JPY – Daily Chart Daily Chart Indicators Reading: The pair is at level 74 of the Relative Strength Index period 14. This indicates that the market has reached the overbought region. Sellers are likely to emerge in the overbought region of the market. GBP/JPY Medium-term Trend: Bearish On the 4-hour chart, the pair is in a downward move. On March 18 downtrend; a retraced candle body tested the 78.6% Fibonacci retracement level. The retracement level indicates that the Yen is likely to fall to level 1.272 Fibonacci extensions or level 151.15 and reverse. GBP/JPY – 4 Hour Chart 4-hour Chart Indicators Reading The GBP/JPY pair is below the 40% range of the daily stochastic. The market is in a bearish momentum. The SMAs are sloping upward indicating the previous uptrend. General Outlook for GBP/JPY The GBP/JPY is still rising on the upside. Yesterday, the pair retraced to resume the uptrend. The pair will continue to rise as long as the price is above the moving averages. However, the uptrend will be terminated if price breaks the trend line. Source: https://learn2.trade

AUD/USD Retraces To Level 0.7760, Resumes Upside Momentum Key Resistance Levels: 0.8000, 0.8100, 0.8200 Key Support Levels: 0.7700, 0.7600, 0.7500 AUD/USD Price Long-term Trend: Bullish The AUD/USD pair is in an uptrend. The uptrend is facing resistance at level 0.8000. On February 25 uptrend; a retraced candle body tested the 38.2% Fibonacci retracement level. The retracement indicates that the price will rise to level 2.618 Fibonacci extensions or level 0.8697 . AUD/USD – Daily Chart Daily Chart Indicators Reading: The pair is at level 52 of the Relative Strength Index period 14. This indicates that the pair is now in the uptrend zone and above the centerline 50. The pair has room to rally on the upside. AUD/USD Medium-term Trend: Bullish On the 4-hour chart, the pair fell to level 0.7700 and resumed a fresh uptrend. On March 17 uptrend; a retraced candle body tested the 61.8% Fibonacci retracement level. The retracement indicates that the Yen will rise to level 1.618 Fibonacci extensions or level 0.7942. AUD/USD – 4 Hour Chart 4-hour Chart Indicators Reading The AUD/USD pair is currently below the 80% range of the daily stochastic. It indicates that the pair is in the bearish momentum. The SMAs are sloping upward indicating an uptrend. General Outlook for AUD/USD The AUD/USD pair is in an uptrend. Presently, the pair is retracing on the downside. The uptrend will resume as soon as price finds support above the 21-day SMA. Source: https://learn2.trade

Ethereum (ETH) Price Analysis: Ether Resumes Uptrend After a Minor Retracement Key Highlights Ethereum faces rejection at the $1,880 high The crypto fell and found support above the 21-day SMA Ethereum ETH) Current Statistics The current price: $1,803.14 Market Capitalization: $207,394,211,073 Trading Volume: $23,213,843,998 Major supply zones: $2,000, $2,200, $2,400 Major demand zones: $1,800, $51,600, $1,400 Ethereum (ETH) Price Analysis March 10, 2021 Ethereum’s upward move faces rejection at the $1,880 high. Buyers intended to retest the $2,000 overhead resistance but were repelled. The bulls could not sustain the bullish momentum above $1,800 resistance. Buyers retested the resistance twice before they were overpowered by sellers. Today, Ethereum is retracing on the downside. If price retraces to the 21-day SMA and finds support, the biggest altcoin will begin the resumption of an upward move. Otherwise, the retracement will continue. ETH/USD – Daily Chart ETH Technical Indicators Reading Presently, the crypto’s price is above the 21-day SMA and the 50-day SMA which indicates that Ethereum is in the bullish trend zone. The coin is capable of a further upward move. However, if the price breaks below the SMAs, Ether will begin a downward move. The coin is at 57 of the Relative Strength Index. This indicates that Ether is above the centerline 50. ETH/USD – 4 hour Chart Conclusion Ethereum is still trading in the bullish trend zone despite the retracement. The coin will rise after a retracement. On March 9 uptrend; a retraced candle body tested the 78.6% Fibonacci retracement level. This retracement implies that ETH will rise to level 1.272 Fibonacci extensions or a high of $1,995. 89. The crypto is expected to reverse at the recent high. Source: https://learn2.trade

Noteworthy: Bitcoin Could Take On Physical Note Form Bitcoin (BTC) might leap from being a digital asset to a physical one. Noteworthy, a new US-based startup is working on creating the very first bitcoin-backed banknotes to give Bitcoin offline transaction features, which would make it more efficient and appealing for non-tech-savvy users. Noteworthy is a joint project by the former director of the US Department of the Treasury’s Bureau of Engraving and Printing (BEP), Larry Felix, and the founding chairman of the Bitcoin Foundation Peter Vessenes. The startup’s primary aim is to make Bitcoin a tangible entity in the real world. However, the team behind the idea is yet to explain how they intend to make this possible. Nonetheless, the combined credentials of the team lend a lot of weight to the initiative. The company noted that: Through the use of the proposed security measures, forgery, counterfeiting, or modification of the bills would be practically impossible. Noteworthy asserted that the cryptocurrency bills would have similar quality and security with official fiat banknotes. That said, the team did not rule out the possibility of creating bills representing other cryptocurrencies. BTCUSD – 4-Hour Chart Key BTC Levels to Watch — March 11 Just like we projected in a previous analysis, Bitcoin has now regained its bullish momentum following a break above the $51,400 pivot point. The benchmark cryptocurrency staged a bull run to the $57,400 area but got met with immense resistance. That said, BTC has fallen into a correction mode and is looking to find some support (and a rebound) around the $54,000 area. However, the possibility of lower declines for Bitcoin in the coming hours is still possible. In that case, the bottom of the current correction should be at the $52,500 support. Meanwhile, our key resistance levels are at $55,000, $56,000, and $56,700. While our key support levels are at $54,000, $52,500, and $51,400. Total Market Capitalization: $1.67 trillion Bitcoin Market Capitalization: $1.01 trillion Bitcoin Dominance: 61% Source: https://learn2.trade

Trying to maintain a Neteller account is futile. It is like fighting a losing war. Whatever you do. No matter what you do, Neteller will end up blocking your account. Neteller, as well as Skrill is an online company that I know, which takes pleasure in blocking customers’ accounts indiscriminately and for flimsy reasons. Another thing is that it is now difficult; very, very difficult, for you to withdraw your money, once they block you. Your money will remain dormant, so that they can cut administrative fees per month. Now if you happen to be a Neteller affiliate or ambassador, having access to their affiliate links which you can use, once they block your Neteller account, they also disable your affiliate account. All the money you have spent on advertising for them and all the effort, resources and time you have spent, bringing customers to them, would become wasted and totally futile. It doesn’t pay to be a partner of Neteller. The customers you bring to them will remain with them and they will block you and discard you forever. Neteller has many strange business practices, like making some Neteller useful only for Forex and binary Options, but not useful on betting sites, and vice versa. Some Neteller that you can use on betting sites cannot even be used on Forex or options site. This is very strange! A company that is doing all these nonsense ought to have gone under, but their current saving grace is that they are popular with betting sites, brokers and merchants. However, there are other forms of payments that are emerging and posing threats to Neteller, and if they don’t stop all these stupidity, things can backfire. Once again, don’t be a Neteller affiliate. They will block your account and ask you to apply to for a business account, and if you do, their business department will never give you a business account, no matter how much you try. Profits from games of knowledge: https://www.predictmag.com/

Ethereum Classic Price Analysis — March 1 Ethereum Classic (ETC) traded with a mild bullish momentum in the early trading hours on Monday, as the cryptocurrency market slowly recovers from last week’s crash. The crash caused Bitcoin (BTC) and other cryptocurrencies to fall by double-digits under a few hours. At press time, ETC is trading at $10.80, up by about 3.3% on the day. That said, the cryptocurrency market crash occurred in tandem with the entire legacy market. News reports show that Nasdaq 100 recorded its biggest slump since October last year, as US Treasury bond yields bolstered market mood. The cryptocurrency market’s correlation with traditional financial markets and some of the largest indices, including the NASDAQ Composite and the S&P 500, is becoming increasingly glaring. Nonetheless, the cryptocurrency market took a massive beating last week, as it saw more than $300 billion get shaved off its valuation. However, not all cryptocurrencies had a red weekend. Cardano (ADA) appeared to be unfazed by the bearish conditions surrounding the market and kept rising. Meanwhile, the recent market correction can be construed as a healthy and necessary one, considering that the market had been on a parabolic bull run for several weeks before now. Naturally, investors begin to take out profits as markets get overleveraged, like what we just witnessed. ETCUSD – 4-Hour Chart Key ETC Levels to Watch — March 1 ETC is currently recovering from last week’s battering, which sent the fifty-fifth-largest cryptocurrency near the $9 area. That said, the cryptocurrency is trading below a descending trendline and has to break above this line to continue on this bullish momentum. This trendline is coinciding with the $11 psychological level, making it a crucial resistance for ETC. Nonetheless, Ethereum Classic is currently deep in oversold conditions on our 4-hour chart, indicating that we could see a return to neutral levels (at least) on our MACD indicator in the coming days. This technical indication, coupled with the prevailing recovery mode across the crypto market, should boost the ETC in today’s session. Meanwhile, our key resistance levels are at $11.00, $12.00, and $12.46. While our key support levels are at $10.57, $10.00, and $9.00. Total Market Capitalization: $1.45 trillion Ethereum Classic Market Capitalization: $1.2 billion Ethereum Classic Dominance: 0.08% Source: https://learn2.trade

Bitcoin SV Price Forms Triple Bottom Chart Pattern; potential Bullish Reversal Level Bitcoin SV Price Analysis – March 01 The coin may bounce up from the support level of $171 provided the mentioned level holds and the price may increase towards the resistance levels of $185, $198, and $217. In case, the bears were able to penetrate the $171 downside, the support level of $152 and $134 may be tested. BSV/USD Market Key Levels: Resistance levels: $185, $198, $217 Support levels: $171, $152, $134 BSV/USD Long-term Trend: Bearish On the daily chart, BSV is bearish. The coin was under the bears’ pressure for more than two weeks; this led the price to decrease to the low of $171 after it breaks down the $198 and $185 price levels. The price tested the support level of $171 on February 23, it pulled back and retested the level on February 26. The support level holds the price, pulled back, and retested the level third time on 28 February. BSV daily chart, March 01 It seems the bearish momentum is getting weak. The price is trading below the 9 periods EMA and 21 periods EMA at a distance which indicates bearish momentum. The coin may bounce up from the support level of $171 provided the mentioned level holds and the price may increase towards the resistance levels of $185, $198, and $217. In case, the bears were able to penetrate the $171 downside, the support level of $152 and $134 may be tested. The relative strength index period 14 is not displaying a specific direction, parallel at 40 levels indicates consolidation is in progress. BSV/USD Medium-term Trend: Bearish BSVUSD is bearish in the 4-hour chart. The price is under the bears’ control and the price decline to the bottom at the $171 support level. The price has touched the $171 support level three times leading to a triple bottom chart pattern. There is the probability that the price may reverse at the $171 support level. BSV 4-hour chart, March 01 The price retains its trading below the 9 periods EMA and 21 periods EMA. The Relative Strength Indicator is parallel at 40 levels to indicate a ranging BSV market. Source: https://learn2.trade

Have you invested in an extremely rare opportunity of a lifetime? The Next “Buzz Word” Altcoins Last month, the Bloomberg Galaxy Crypto Index was at 1414.37, following a low of 217.82 in early March. BTC had made a new high yesterday at $51,630.86. Today (February 17) and the index was at 2,295.61. That’s a huge gain for one month. Let me put this into perspective. In late 2017, I said that cryptoassets were the biggest institution revolution since the Industrial Revolution and that they represented the investment of a lifetime. Institutions, however, were not ready or capable of participating in that revolution so they “pooh-poohed” it. The SEC decided that most altcoins were securities which precipitated a huge bear market. By the end of 2018, cryptos had undergone an 85% decline and BTC hit a low price of $3,236.76 on Dec 15, 2018. But then look what happened. BTC was up 92.71% in 2019 It was up 305.94% in 2020 And it’s up 75.42% in less than 50 days of 2021…. What did I say in 2018? There was actually a period from October through November last year when I made over $3 million in 7 weeks. Cryptos are the investment of a lifetime. While BTC could go up another 10 fold in the long run, I doubt that it will go much over $100,000 this year…. But the opportunity of a lifetime is not over because now the altcoins are starting to move. Here are a few examples, and this is just the movement in 2021. BNB 289% ETH 144% LINK 178% SNX 215% AAVE 397% CND 145% And remember those gains are just from the 48 days of 2021…. You can purchase crypto coins here. Update on Cryptoassets I think that there are a number of altcoins that could go up 10 times or more during the rest of 2021. Now we might have a decline of 40% or more during the year, but it probably will be short-lived with a very quick recovery… BTC was up 92.7% in 2019, 305.94% in 2020, and in the first six weeks of 2021, it’s up 74.22%. Let’s contrast that with the other hedge against the USD and disaster, gold. Gold was up 20.94% in 2019, up 18.32% in 2020, and it’s down 5.1% so far in 2021. The path of safety is now BTC. Gold has about 10 times more market cap than cryptos right now (even though cryptos are now over a trillion for the 1st time). If all of the money in gold went into BTC, BTC’s price would be about $370,000… People talk about BTC being volatile and risky. But where can you find something that has made over 1,000% in 3 of the last 11 years, over 100% in 8 of them, and had only two losing years? There is only one other place than BTC with anywhere near equal performance – other cryptoassets. If you had bought BTC at the beginning of 2012 (well, not at the very beginning), you would have turned $1,000 into more than $7.1 million (up $4.5M last month)… Remember these are 30-day percent gains. This is probably the easiest market possible to make a lot of money. You could, however, just as easily enter a position and immediately have a 25% drawdown – which could cause you to exit and then miss out on some nice gains. If you don’t have strong beliefs about cryptos like I do, crypto volatility will test you… This newsletter makes no recommendations about cryptos but is a free service… I personally own positions in most of the cryptos mentioned in this newsletter. Author: Van K. Tharp, PhD Source: https://learn2.trade