March 19, 2021 1:19 am
Bitcoin prices have rallied nicely through the month of March. However, the digital asset is struggling to maintain this monthly uptrend. Bitcoin Chart Analysis The uptrend beginning February 28 in bitcoin fits inside a really nice price trend channel. We can tell bitcoin prices respecting the support and resistance trend lines (blue highlights). Additionally, bitcoin […]
Read moreMarch 12, 2021 11:39 pm
Last week, I shared how NASDAQ was sitting at support and primed for a rally. Nasdaq (ticker: NDX) finished the week 2% higher almost recovering all of the losses in March. NASDAQ price analysis Beginning February 16, 2021, NDX has been contained within this downward sloping price channel. Earlier this week, NDX popped above the […]
Read moreMarch 5, 2021 10:10 pm
Silver finished this week lower by 4.5% as weakness continues for gold’s little brother. Dollar has flexed its muscle causing precious metals to falter. However, this weakness would be no surprise for Trading Price Newsletter subscribers. Silver Price Analysis for March 5, 2021 (click on image to enlarge) Last week, we said silver’s price […]
Read moreMarch 3, 2021 9:30 pm
The price chart for cryptocurrency ethereum displays bullish patterns despite the recent correction. Ethereum’s Price Chart Framed with Price Channels Going back to 2019, ethereum price has (for the most part) been contained within parallel price channels. Looking at the chart below, we can see price following the downward sloping price channel from June 2019 […]
Read moreFebruary 25, 2021 9:38 pm
Bitcoin’s price performance has started off the year with a bang and the price charts still look long-term bullish. At the time of this writing, Bitcoin’s YTD performance against the USD shows a 71% increase. As we approach the final days of February, it is shaping up to be a solid month too with a […]
Read moreFebruary 25, 2021 1:32 am
Silver price started off the month of February with a sparkle as traders tried to push a short squeeze to rail the large institutions. Since the February 1 high, silver prices have softened and seemed to have settled within a $26-28 price range. Silver Price Momentum At the time of this writing, silver prices have […]
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