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BITCOIN – To buy or not to buy?

BITCOIN – To buy or not to buy?

The Bitcoin price in USD appears somewhat overextended. On the daily chart it is be stalling below a slightly descending resistance line. Should the price break above the historical price peak at 4,485 BTC/USD then an new impulsive leg higher should be expected. Should on the contrary a price correction take place then  there appears […]

Litecoin – Another breakout higher

Litecoin – Another breakout higher

As posted on Twitter yesterday it was anticipated for #Litecoin ($LTC) to break out higher again: The wait was not too long as the breakout happened shortly thereafter: As the uptrend should extend higher any position can now be protected with a stop-loss below the thick blue line (high risk) or below the lower triangle […]

EXXON MOBIL CORP. – Digging deeper into the ground

EXXON MOBIL CORP. – Digging deeper into the ground

EXXON MOBIL CORP.  (NYSE : $XOM) is in a very week configuration. On the yearly trend (lower left price chart) the historical bullish trend appears to have topped in 2014 and has since then stalled inside a contracting triangle. On the weekly chart the stock price has been capped by a descending resistance since mid-2016 […]