Tag: Formation

When Will the Market Peak? 4 Key Indicators to Spot a Potential High Formation

As we step into February, a historically difficult interval for shares, it is prudent to discover key ratios that might trace at adjustments in market sentiment. The strengthening US greenback, surpassing the essential 102...

Blast from The Previous: Bitcoin Formation Echoes Livermore’s Speculative Chart

Bitcoin value has been locked in a largely sideways sample, sloping ever so barely upward. The value motion seems to resemble the start of Jesse Livermore’s well-known “Speculative Chart” additionally known as an...

Oil Price Breaks Out of Bull Flag Formation to Eye Monthly High

Crude Oil Price Talking PointsThe price of oil trades back above the 50-Day SMA ($86.68) after defending the monthly low ($80.87), and crude may continue to retrace the decline from the monthly high...

Oil Price Reverses Ahead of Monthly Low to Keep Bull Flag Formation Intact

Crude Oil Price Talking PointsThe price of oil trades in a narrow range despite an unexpected decline in US inventories, but a bull-flag formation may unfold over the coming days as crude appears...

Bull Flag Formation Takes Shape

Crude Oil Price Talking PointsThe price of oil halts a three-day selloff despite a larger-than-expected rise in US inventories, and crude may continue to hold above the 50-Day SMA ($87.58) as a bull-flag...

Potential Descending Move Toward $21,000 On This Bearish Formation

Bitcoin’s (BTC) price is trading lower amid overall bearish sentiment. The price is still consolidating near the $22,000 level. This trading level also coincides with the short-term support-turned-resistance level. Thus, a crucial level...

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