by M. Khalid Rafi ( Senior Financial Analyst at Profitlio Trading ) What is EOS? The EOS coin went on sale (ICO) on 26th of June, 2017. EOS, in its white paper, is creating “a blockchain architecture that scales to millions of transactions per second, eliminate user fees, and allows for quick and easy deployment of decentralized applications.” EOS is a blockchain-based system which enables the development of commercial-scale decentralized applications, or d Apps on
7 May 2020
USOIL showed up some continued growth upto the resistance level held at $27 to $28 price level. Now the price showing up some rejection while it has created a very narrow and strong ascending channel which where it completed 5 impulses within the structure. Now Ill be waiting for a possible breakout to short the positions towards target around 50% fib level as highlighted. Why Oil Is Critical To U.S. Survival One more word on
Cryptocurrencies are the future of money. We all say it, and we all believe it. However, that does not make it easier for most people to start using or investing in them. The fact that there are over 2,000 cryptocurrencies currently available to traders and investors makes it even harder to know the best ones to bet your money on. Investors and traders, especially new market entrants, find it hard to choose the top crypto
https://www.tradingview.com/chart/XAUUSD/7JhZeDnK-Whats-Happening-with-XAU-Pump-Dump-Understanding-the-Pattern/ First of all take a look on D1 structure. It is a perfect retracement while I measure the fibs on this excellent D1 Elliot waves. We have a previous retracement done up to 61.8% fib. And the current retracement is sitting in the level of 61.8% too. Now in the 4h timeframe the Elliot wave is clearly identified. So We can see that Second wave has done its 61.8% retracement at 1722.79 Price level,
This is what I see on daily chart at the moment. I expect price will get failed to break through the resistance. And expecting a bearish impulse towards 6-5.8k price level.