Sterling Advances Barely Two Days To UK Elections As Latest Poll Predicts Conservatives Win

In just two days from now, a major event that will set the trend for the currency market for the year 2020, the UK elections will be held. In the face of a Brexit extension, UK prime minister had pushed for an earlier election in the hopes of having a majority conservatives win in the parliament which will make the Brexit deal pass through easily.

As the clock ticks, with barely less than 48 hours to this epochal event, the newest poll by Survation conducted for ITV’s good morning Britain show predicts a Boris Johnson win by 14 pts. ahead of Jeremy Corbyn‘s Labour party. The Brexit deal seemed to give the conservatives an edge as it accounted for 32% of the vote decision while NHS gave Labour party a slight edge. On the overall, a majority vote of 42% was predicted for the conservatives while Labour had 28%.

Market Reaction as the Clock Ticks
Optimism looms in the market as the prediction of a conservatives win will ease Britain’s exit from Europe by January 31 deadline.

The EUR/GBP pair continued to fall till the early hours of today breaking the 0.8411 trend line targeting the 0.8149 resistance level. GBP/USD pair rebounded to consolidate briefly targeting 1.3381 resistance levels. Technical analysis within a 4-hour MACD shows that both pairs may likely touch down. CAD edged slightly higher advanced by USMCA news but yet to consolidate gains.


The USD against a basket of five major currencies held steady awaiting FOMC’s minutes due out tomorrow.

Against a basket of currencies, NZD’s dominance is the highest. Sterling also gained momentum firmed up by approaching UK elections.

The safe-haven, the Japanese yen, and Swiss franc remain pressured as major events that will shape the market for 2020 are been anticipated.

On the Asia side, significant market activity wasn’t recorded as most currency pairs held steady within a day’s range.

In the Asian stock market, not so much activity was recorded being weakened by recently released Chinese PMI numbers.

Most of the indexes closed a little lower while US stocks rose swiftly after Friday’s release of US non-farm payroll reports. The outcome of the December 15 deadline set by the US for the signing of a preliminary trade pact will determine the week’s direction and even further into the year 2020.

Also due out later in the week is UK GDP figures and ZEW released out of Germany.

Source: https://learn2.trade

GBPJPY Reverses To The Downside In A Corrective Move

GBPJPY Price Analysis – December 18
Since the trading session on Tuesday, the currency pair has fallen by almost 303 basis points against the Japanese yen. As for the near future, the GBPJPY exchange rate may recover on a cluster formed by the daily trend line at 143.07. If the cluster holds, a reversal is possible during this session.

Key Levels
Resistance Levels: 148.66, 147.95, 146.57
Support levels: 142.47, 139.31, 126.54


GBPJPY Long term Trend: Bullish
In the longer term, an increase from the level of 126.54 may likely be a consolidation pattern from the level of 122.75 (low) or the beginning of a fresh uptrend. In any case, a more rally is anticipated, while the support level of 139.31 is held in the resistance zone of the level of 146.57 / 148.66.

The result from here may show the scenario it is supposed to be. Failure to do so may expand long-term range trend. A decisive breakout of the level at 148.66 may have long-term bullish consequences.


GBPJPY Short term Trend: Bullish
GBPJPY intraday bias remains neutral as the correction from the level of 147.95 expands. The downtrend is expected to be limited above the support level of 142.47, which may lead to continued growth.

On the other hand, above the level of 147.95, it can reach the level of structural resistance of 148.66 in the first place. A breakout may reach the next key resistance in the following. Nevertheless, a break of the level at 142.47 may indicate a short-term trend and lead to a further rollback to the support level of 139.31.

Instrument: GBPJPY
Order: Buy
Entry price: 142.47
Stop: 139.31
Target: 148.66

Source: https://learn2.trade

XRP Price Deepens At The Oversold Region As Buyers Emerge

Key Resistance Levels: $0.30, $0.40, $0.45
Key Support Levels: $0.25, $0.20, $0.15

XRP/USD Long-term Trend: Bearish
Ripple has depreciated further and it is now trading at $0.18 at the time of writing. The price was previous fluctuating between the levels of $20 and $0.23. It was assumed in the previous analysis that if the bears break the $0.20 low, the downtrend will resume. On December 17, the bears break the $0.20 support, and the downtrend resumed. The market has fallen to $0.18 which is the previous low in 2017. The coin will likely pause and rebound at this support level. On the other hand, selling pressure may continue.

XRP/USD - Daily Chart
Daily Chart Indicators Reading:
The Relative Strength Index period 14 level 21 indicates that Ripple is oversold as the market reaches the oversold region, buyers are likely to emerge. In the oversold region, buyers emerge to take control of price. The 21-day SMA and the 50-day SMA are pointing southward indicating the downward move.

XRP/USD Medium-term Prediction: Ranging
On the 4-hour chart, the bears have broken the support at $0.20 as the market falls to the low of $0.18. The bears have terminated the price range of $0.20 and $0.23. The price has fallen to a low of $0.18 as the market consolidates above it. Ripple may rebound if the bulls defend the current level. However, if the bears break the current level, Ripple will be in serious depreciation.

XRP/USD - 4 Hour Chart
4-hour Chart Indicators Reading
The stochastic is trading now below the 20% range of the oversold region. This indicates that the coin is in a bearish momentum. The blue and red lines of the daily stochastic are trending horizontally meaning that the bearish momentum has been weakened.

General Outlook for Ripple (XRP)
Ripple is now in a bear market as price breaks the support line of the horizontal channel. The bearish trend also terminates the sideways trend. Ripple is currently fluctuating above $0.18. A rebound is possible if the bulls defend the support level. Besides, the coin is in the oversold region suggesting buyers to take control of price.

Ripple (XRP) Trade Signal
Instrument: XRPUSD
Order: Buy
Entry price: $0.18
Stop: $0.10
Target: $0.23


Source: https://learn2.trade

USDCHF Market Activity Subdued Beneath 0.9833 Level Ahead Of Christmas Break

USDCHF Price Analysis – December 24
The USDCHF pair recorded a small daily gain on Monday and entered the consolidation phase on Tuesday, as the markets seem to be already in a festive mood. At the time of writing, the pair remained unchanged at 0.9817 level.

Key Levels
Resistance Levels: 1.0231, 1.0027, 0.9876
Support Levels: 0.9770, 0.9659, 0.9541


USDCHF Long term Trend: Ranging
In the long run, the long-term trend remains neutral, while the USDCHF is trending in the range of 0.9659 / 1.0231. In any case, a decisive breakthrough of the level at 1.0231 is necessary to indicate the resumption of an uptrend.

Otherwise, trading with a large range may be registered with the risk of another fall. Meanwhile, a break of the support level of 0.9695 may try to break through the support level of 0.9541.


USDCHF Short term Trend: Bearish
USDCHF remains in the range of the level at 0.9770 and its intraday bias remains neutral. An even greater fall is expected as long as the resistance level of 0.9876 holds.

On the other hand, below the level of 0.9770, a fall from level 1.0027 may again be activated and approach the minimum level of 0.9659. Although a breakthrough of the level at 0.9876 can change the bias back to the side of increasing the resistance level at 1.0027.

Instrument: USDCHF
Order: Sell
Entry price: 0.9833
Stop: 0.9876
Target: 0.9695

Source: https://learn2.trade

Stellar (XLM) Pullback Inconclusive, Further Selling Pressure Likely

Key Resistance Levels: $0.09, $0.10, $0.11
Key Support Levels: $0.06, $0.05,$0.04

XLM/USD Long-term Trend: Ranging
Stellar has been relatively slow in price movement. On December 17, the coin fell to a low of $0.042. In defense of the current low, the price pulled back to a high of $0.046. The price movement has been insignificant as the market commences consolidation above the current price level.

Consolidation at the oversold region implies that buyers and sellers have reached equilibrium at the current price level. Stellar lacks buying at a lower level as the bears may take undue advantage to sink XLM to the $0.036 low. Alternatively, if the bulls continue their hold above the $0.042, the market will continue the sideways trend.

XLMUSD -Daily Chart
Daily Chart Indicators Reading:
Stellar is making frantic efforts to rise, as the coin is trading above the 25% range of the daily stochastic. This implies that the market is also in a bullish momentum. The 21-day SMA and the 50-day SMA are trending horizontally indicating the price range.

XLM/USD Medium-term bias: Bearish
On the 4 hour chart, the bear market exhausted its bearish run at the $0.042 support level. The coin is in a bullish move but it is struggling above the $0.046 price level. The price action is characterized by small body candlesticks that are responsible for the range-bound movement.

XLMUSD - 4 Hour Chart
4-hour Chart Indicators Reading
The Relative Strength Index period 14 level 52 is above the centerline 50 which indicates that the price is rising. XLM may further depreciate if the support line of the channel is breached.

General Outlook for Stellar
Stellar is still in a downtrend. The coin is still at the bottom of the chart. Buyers are scarce at the lower price level to push Stellar upward. The market may depreciate further if the bulls fail to hold the $0.042 support.

Stellar Trade Signal
Instrument: XLM/USD
Order: Buy Limit
Entry price: $0.041
Stop: $0.035
Target: $0.08

Source: https://learn2.trade

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The USDCHF Is Weakening While Selling Continues Beneath 0.9695 Level

USDCHF Price Analysis – December 31
After the Asian session, moving sideways near the level of 0.9695, the USDCHF pair lost its movement in the last hour and touched the lowest level since early November at 0.9662. At the time of writing, the pair fell by 0.23% per day at 0.9660 level.

Key Levels
Resistance Levels: 1.0231, 0.9833, 0.9695
Support Levels: 0.9659, 0.9600, 0.9541


USDCHF Long term Trend: Bearish
In a broader context, the long-term outlook stays bearish, as USD / CHF is in the range of 0.9659 / 1.0231. In any case, a decisive breakthrough of 0.9659 level is required to indicate the resumption of a downtrend.

Otherwise, more side trading may be recorded with the risk of another rebound. Meanwhile, a breakthrough of the level at 0.9695 support may aim at the level at 0.9541 support.


USDCHF Short term Trend: Bearish
The intraday bias in USDCHF stays on the downside at this phase. At the moment, a plunge from the level of 1.0027 may break below the support level of 0.9659.

On the other hand, a slight break of resistance above the level at 0.9739 may change the neutrality of the intraday bias and lead to consolidation first, before starting another decline.

Instrument: USDCHF
Order: Sell
Entry price: 0.9659
Stop: 0.9739
Target: 0.9541

Note: Learn2Trade.com is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.

Source: https://learn2.trade

EURUSD Rallies Maintain Upside Momentum Close To The Price Level At 1.1200

EURUSD Price Analysis – December 30
The EURUSD pair spiked to the highest level since mid-August at the price level of 1.1211 and entered the consolidation phase. At the time of writing, the pair was ranging near the price level of 1.1200, adding 0.2% per day.

Key Levels
Resistance Levels: 1.1515, 1.1450, 1.1280
Support Levels: 1.1178, 1.0981, 1.0879


EURUSD Long term Trend: Ranging
In the larger trend, the rebound from the level at 1.0879 is considered as a corrective movement at this stage. While anticipating a further advance, the growth potential may be contained by the recovery from the level at 1.1450 to 1.0879 to 1.1515.

While the downtrend from the level at 1.1450 (high) may continue at a later time. Nevertheless, a steady breakthrough of the 1.1515 level may weaken this bearish look and lead to stronger growth past the upside level at 1.1515.


EURUSD Short term Trend: Bullish
EURUSD so far advances to the level at 1.1210 during today’s trading. Violation of resistance on the 1.200 level indicates the continuation of the entire rebound from the level at 1.0879.

The intraday bias is currently on the rise for a 100% forecast from the level at 1.0879 to 1.1178 from 1.0981 to 1.1280 in the following sequence. In any case, the short-term forecast will stay cautious as long as the support of the level at 1.1066 persists, howbeit a pullback occurs.

Instrument: EURUSD
Order: Buy
Entry price: 1.1178
Stop: 1.1066
Target: 1.1450

Note: Learn2Trade.com is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results

Source: https://learn2.trade

Cosmos (ATOM) Bounces But Struggles At $4.50 Resistance

Key Resistance Levels: $5, $6, $7
Key Support Levels: $3, $2, $1

ATOM/USD Price Long-term Trend: Bullish
Cosmos is now in a bull market. Currently, the coin is trading below the $4.50 resistance. In retrospect, the bear market was terminated at a low of $2 and the coin rebounded. The upward move was resisted at a $3.40 price level. The coin fell and retested the previous low at $2.

Cosmos is now in a bullish move as it broke the previous resistance at $3.40. The upward move was finally halted at the $4.50 resistance on November 11. Cosmos slumped to the low of $3 and resumed another bullish move to retest the overhead resistance. Presently the coin is facing price rejection at the overhead resistance.

ATOM/USD - Daily Chart
Daily Chart Indicators Reading:
The stochastic indicator is above the 50% range which indicates that the Cosmos is in a bullish momentum. The market is actually rising but the bulls are finding it difficult to penetrate the overhead resistance.

The simple moving averages are pointing northward indicating that the coin is rising. From the Fibonacci tool, it indicates that Cosmos is likely to reverse at the 1.272 extension level. Earlier a bullish candlestick body tested the 0.786 retracement level which gave a clue of the trend reversal.

ATOM/USD Medium-term bias: Bullish
On the 4-hour chart, the coin is also in a bullish move. The coin was facing resistance at $4 but after a retest, the resistance was broken. However, the bulls went up again but could not penetrate the overhead resistance. The market is in a sideways move below the $4.50 overhead resistance.

ATOM/USD - 4-Hour Chart
4-hour Chart Indicators Reading
The Relative Strength Index period 14 level 61 is above the centerline 50. This indicates the coin is in a bullish trend zone. The market is said to be in an uptrend. However, a bullish break at $4.50 resistance will catapult the coin to a high of $7.0.

General Outlook for Cosmos (ATOM)
Cosmos is in a bull market but yet to break the overhead resistance. Each time the bulls test the overhead resistance, the coin will fall or retrace to the next support. The coin is lacking buyers at the upper price levels. Possibly a bullish break at the overhead resistance will push the coin to higher price levels. Nevertheless, if the bulls fail to break the overhead resistance, the bears will take undue advantage to sink the coin below the support line. This will plunge the coin to its previous low.

Cosmos Trade Signal
Instrument: ATOM/USD
Order: Buy Limit
Entry price: $4
Stop: $3
Target: $7

Source: https://learn2.trade

Bitcoin (BTC) Breaches More Resistances, Attempts To Terminate Downtrend

Key Resistance Zones: $10,000, $11,000, $12,000
Key Support Zones: $7, 000, $6, 000, $5,000

BTC/USD Long-term Trend: Bullish
Yesterday, the bulls made an impressive move as the bulls reach a high of $8,400. The coin was resisted and the price retraced to a low of $7,800. The support is holding which was previously a resistance level. This is an advantage to the bulls. The bulls are making a fresh attempt to revisit the $8,400 resistance. Possibly, a break above the resistance will propel Bitcoin to reach a high of $9,200. Caution must be taken as the bears will not throw in the towel for the bulls to take control of price.

BTC/USD - Daily Chart
Daily Chart Indicators Reading:
The bulls are attempting to break the downtrend line. The first time the bulls break the downtrend line, the price could not be sustained above it. This resulted in the retracement of the coin. In the second attempt, if the downtrend line is breached and the price is closed above it. Bitcoin will resume its uptrend move.

BTC/USD Medium-term bias: Bullish
On the 4 hour chart, the bulls tested the resistance at $8,400 twice before falling to the low of $7,800. Bitcoin will need more buyers at this level to sustain the current momentum. On the upside, the bulls have to break above the resistance and the price is sustained above it.

BTC/USD - 4 Hour Chart
4-hour Chart Indicators Reading
Bitcoin is now trading above the 25% range of the daily stochastic. This indicates that Bitcoin is in bullish momentum. On the upside, if the price breaks above the resistance and it closes above it. The uptrend will resume. Conversely, if the price breaks below the support line and it closes below it, the selling pressure will resume.

General Outlook for Bitcoin (BTC)
Bitcoin is making a positive move in the recent highs. The pair is currently battling the resistance at $8,400. Buyers need to overwhelm the sellers at the current resistance, for the price to scale through to the higher price levels. Traders should adjust their parameters if a breakout occurs.

BTC Trade Signal
Instrument: BTC/USD
Order: Buy
Entry price: $8,000
Stop: $7,500
Target: $10,300

Source: https://learn2.trade

Gold Stays Constricted In A Restricted Trading Range Around $1550 Level

XAUUSD Price Analysis – January 10
Gold rose in price in response to the grim release of NFP in the US, although it lacked a strong follow-up from buyers and stayed within the trading range of the previous session. Over the past 24 hours, the yellow metal has been trading in a limited trading range near the level of $ 1,550.

Key Levels
Resistance Levels: $ 1640, $ 1625, $1611
Support Levels: $ 1557, $ 1540, $ 1517


XAUUSD Long term Trend: Bullish
The yellow metal is consolidating on the previous resistance, unfolded by a horizontal support line, and also indicates further weakness while a continued decline may lead to a fall in gold to the level of $ 1,540 shortly.

However, if this level does not hold, the price of gold may likely go down during the next trading session. In this case, the yellow metal may fall beneath the $ 1,517.


XAUUSD Short term Trend: Bullish
The recent fundamental surge managed to soon go to top the upper trend line of the pair, which reflects the jump in the yellow metal from 2017. However, the price immediately receded.

At present, we expect a push down to the price level of $ 1,517. A rebound from the level of $ 1,557.07 may cause the price to rise to the level of $ 1,575 and the level of $ 1,585.

Instrument: XAUUSD
Order: Buy
Entry price: $1557.07
Stop: $1517
Target: $1595

Source: https://learn2.trade

No Sign Of Recovery As USDCHF Stays On The Low Level At 0.9680

USDCHF Price Analysis – January 14
At the time of composing, the FX pair was trading at 0.9683 level, dropping 0.25% per day after discovering support around 0.9670 level. The USDCHF pair recovered its daily losses and was last seen trading at 0.9683 level, where it remained virtually unchanged during the day.

Key Levels
Resistance Levels: 1.0231, 0.9841, 0.9770
Support Levels: 0.9659, 0.9600, 0.9541


USDCHF Long term Trend: Ranging
The trend stays neutral because the USDCHF is actively in the trading range, starting at 1.0231 level(high). The fall from the level of 1.0126 is held inside the pattern and may approach the level of 0.9600 (low).

In case of another increase, a breakthrough of the level at 1.0231 is required to indicate the resumption of an uptrend. Otherwise, further trading by the range may be recorded with the risk of another fall.


USDCHF Short term Trend: Bearish
USDCHF today drops significantly but stays above the level of the temporary low of 0.9659 level. Its intraday bias stays neutral initially. Although at a resistance level of 0.9770 intact, this trend stays bearish and a steady decline is anticipated.

On the other hand, a breakthrough of the level at 0.9600 can continue the general decline from the level of 1.0231 and approach the 100% forecast of the level at 1.0231 to 0.9659 from 1.0027 to 0.9600. However, on the other hand, a break of 0.9770 level may indicate a short-term decline and a change in the upward bias.

Instrument: USDCHF
Order: Sell
Entry price: 0.9680
Stop: 0.9770
Target: 0.9600

Source: https://learn2.trade

Stellar (XLM) Bounces, Uptrend Uncertain

Key Resistance Levels: $0.09, $0.10, $0.11
Key Support Levels: $0.06, $0.05,$0.04

XLM/USD Long-term Trend: Ranging
Today, Stellar is making a positive move to come out of the oversold region. On December 17, the coin fell to the low $0.042 but has risen to a high of $0.050. The price movement had been rather slow because of indecision candlesticks. The market has been characterized by small body candlesticks like spinning tops and Doji candlesticks which have been responsible for the consolidation.

XLM/USD - Daily Chart
Daily Chart Indicators Reading:
In its upward move, the bulls have broken above the 21-day SMA. XLM is likely to rise if the bulls break above 50-day SMA. The coin will rise if the price bars are above the SMAs. The MACD line and the signal line are below the zero line which indicates a sell signal.
.

XLM/USD Medium-term bias: Bullish
On the 4 hour chart, Stellar bounces at the bottom of the chart. The coin is making a series of higher highs and higher lows. Stellar is facing resistance at $0.050 price level. A break above $0.050 will catapult the coin to a high of $0.052.

XLM/USD - 4 Hour Chart
4-hour Chart Indicators Reading
Stellar is in a bullish momentum as it trades above 40% range of the daily stochastic. The bullish momentum is fluctuating. On the ascending channel, if price breaks above the resistance line and closes, the stellar will be in an upward move. Conversely, a break below the support will attract selling pressure.

General Outlook for Stellar
Stellar is still in a bear market. To come out of the downtrend zone, the bulls have to break the resistance at $0.060. Meanwhile, the Fibonacci tool indicates that XLM ought to have reversed at the 1.272 extension level. Nonetheless, the selling pressure of Stellar has been overdone. Buyers ought to emerge as the coin is oversold.

Stellar Trade Signal
Instrument: XLM/USD
Order: Buy
Entry price: $0.050
Stop: $0.042
Target: $0.06

Source: https://learn2.trade

Your All-Round Guide To Security Token Offerings

Security token offerings (STOs) are one of the most revered investment options in the crypto space at the moment. It has even been termed the “future of fundraising”.

But what exactly are STOs and what is the rave all about?

This article aims to break down STOs, what it is all about, and how it can be beneficial to you.

What Exactly is a Security Token Offering?
STOs, simply put, provide a means of tokenizing fungible financial assets such as stocks, bonds, and REITs, and introduces the tokens to the public through regulated channels.

STOs are a lot like ICOs as they generally involve the same processes. However, the differentiating factor between STOs and ICOs is in the tokens being sold. With ICOs, the tokens are usually non-descriptive and could range from anything digital currencies to utility tokens. With STOs however, the token is a “security”, meaning that it is exchangeable and possesses a set monetary value.


Breakdown of Security Tokens
Security tokens function as digital versions of the assets they represent. Here’s a list of some popular security token representations:

1- Capital markets: Firms can convert their shares into tokens, allowing investors to own parts of the firm. In some cases, owners of tokens receive dividends and can execute votes on the affairs of the firm.

2- Equity funds: Equity funds can also tokenize their shares for sale.

3- Commodities: Commodities like gold, natural gas, coffee can be tokenized.

4- Real estate: The equity of this asset class can be tokenized, much like how REITs function.

STOs do not change the underlying securities, instead, it makes these assets more readily accessible on a digital platform.

Unlike other digital assets, security tokens can only be traded on certain regulated exchanges. Some exchanges require interested investors to meet some set qualifications.

Advantages of STOs
STOs are formulated with regulatory-compliance in mind, unlike ordinary token sales. Security tokens provide its owners with several legally binding rights. Some security tokens even bestow its owners with rights to dividends or other defined streams of income.

Security tokens are also beneficial to their issuers. From the onset, the entities issuing the tokens are aware that their tokens are being purchased by accredited and verified investors and so, they don’t have to worry about the credibility of their investors.

Other advantages of STOs include:

1- It is adequately regulated: Entities issuing security tokens must operate under the guidance of designated regulatory agencies in the region like SECs and FTCs.

2- You can rest assured that STOs won’t falter in the future: Unlike ICOs that cannot be guaranteed, STOs are sure to always deliver because it is properly regulated.

3- STOs offer great convenience: Procuring security tokens is easy, straightforward, and stress-free. All you need to do is to adhere to the STO requirement in your jurisdiction and you’re good to go.

4- It can be programmed: Security tokens are programmable and can be facilitated by smart contracts.

5- Automated dividend disbursement and voting: Some security tokens are structured to send dividends automatically through smart contracts. Also, some security tokens provide the bearer with exclusive voting rights in the affairs of the entity offering the tokens.

6- It is a globally accessible investment vehicle: Investors across the globe can procure security tokens regardless of their location.

7- It is not susceptible to manipulation: Considering the mode of operation STOs are run by, big players cannot manipulate its movements.

8- STOs are very liquid: It is a very promising investment option as it has an impressive liquidity quality and can be traded easily.

With benefits like these, STOs are for sure transforming the fundamentals of the financial sphere.

Disadvantages of STOs
As with every other form of investment, security tokens has its limitations and shortcomings. Some of these limits are:

1- It is considerably more costly than utility tokens: STOs, unlike ICOs, hosts many organizations in their fundraising campaigns. Also, regulatory fees are not cheap which makes it more capital-intensive to host STOs.

2- Investor Qualifications: Countries like the US have certain qualifications an investor has to scale before becoming eligible to engage STOs. According to the SEC to be an “Accredited investor”, you must have an annual income rate of $200k and above or a minimum of $1 million in the bank.

3- Specific trading conditions: STOs can only be traded on certain designated exchanges. Also, these tokens are time-bound meaning that you are allowed to trade these tokens between investors for a set period after the STO.

The Howey Test
Usually, tokens are said to be securities, by law, when they pass certain thresholds. One such way to identify a security instrument is by applying the “Howey Test”.

But first, let’s look at a piece of quick background information on how the Howey test came to be. In 1944, a citrus plantation called the Howey company of Florida leased out a large portion of its land to several investors in a bid to raise funds for much-needed developments.

The buyers of the land were not skilled or versed in citrus farming in any way and decided instead to just be “speculators” and let the experts do their jobs. The lease was made on the premise that profits would be generated for the investors by the lessor.


Not long after the business transaction the Howey company was sanctioned and accused by the United States SEC of failing to register the sale with the authority. The SEC maintained that the company was dealing with unregistered security. Howey denied the claims however, assuring that what it offered wasn’t a security.

After much debate, the case ended up in the Supreme Court, which later ruled in favor of the SEC that Howey’s land leasing were undoubtedly securities. It remarked that investors were purchasing land mainly because they saw an opportunity to make a profit off the deal. Howey was then ordered to register the sale.

This was the story of the enactment of the Howey test.

Today, per the Howey test, anything is deemed to be a security if it satisfies the following criteria:

1- The investment included money.

2- The investment was made on an enterprise.

3- Profit will be made from the efforts of the providers of the investment.

The Howey test has become a stronghold name in the crypto space. In 2017 and 2018 (during the “Heydey boom”), many ICO providers were completely consumed with scaling the Howey test as it was a major determinant used in ascertaining the legality of an ICO by the SEC. Failure to pass the test meant the offering was illegal and was sanctioned by the authorities.

Some ICOs even advertised their tokens as investment instruments that had no value, describing their tokens as “utilities” used only for interactions on the platform.

The Inception of STOs
The very first STO was released by Blockchain Capital on the 10th of April 2017. The release pooled about $10 million in one day.

Several STOs have been released following the first event including tZero, Sharespost, Aspen Coin, Quadrant Biosciences, and many more. STOs have since gained widespread acceptance and relevance in today’s market.

Understanding the Distinction Between Security Tokens and Tokenized Security
Confusing security token for tokenized securities is a common trap that people fall into. The main distinction between the two is that the former is usually a recently issued token that functions on a distributed ledger system while the latter is just a digital manifestation of pre-existing financial instruments.

Apart from similarities in appearance and nomenclature, security tokens have absolutely nothing in common with tokenized securities.

What Entities are Involved in an STO Issuance?
Assuming a business entity plans on issuing security tokens as an embodiment of equity in its establishment, the next necessary step for that business would be to involve certain players and follow certain directives.

It has to formally contact an issuance platform to serve as a medium for issuing the tokens. Popular issuance platforms include Polymath and Harbor, which consist of service providers like custodians, broker-dealers, and legal entities to carry out secure processes.

Who Can Invest in STOs?
STOs are available to the general public for the taking, regardless of location. However, as mentioned previously, the US has certain rules guiding STO investments.

In the US, it is mandatory to be an “accredited investor” before you can invest in this instrument. An accredited investor is an individual with an annual cash flow of $200k and above for at least 2 years or a net worth of $1 million and above.

More nations are starting to adopt the United States’ classification method and have begun restricting certain classes from investing in STOs.

It is advisable to always research on the STO rules and regulations of the jurisdiction you’re planning on investing with.

Final Word
STOs provide businesses with the prospect of raising funds in an easy and regulated setting. It gives both investors and issuers a good deal of benefits, while also ensuring insurances against fraudulent or malicious practices, unlike ICOs. Issuers are not limited to any industry, they can vary from several sectors including real estate, VC firms, and small and medium enterprises.

Moving forward, we will likely witness prominent firms venture into the STOs.

Source: https://learn2.trade

Bitcoin: Upcoming Halving And What To Expect

Bitcoin’s upcoming halving will be one of the most followed crypto-related occasions in the year 2020. Thousands of cryptocurrency enthusiasts will be observing the markets eagerly to witness what effect this year’s halving will have on the cryptocurrency.

Many believe that the occasion would have a positive effect on BTC’s price as has been observed in the past.

On the other hand, some are expecting the price to drop dramatically after the occasion.

Whatever the result may be, it is apparent that this occasion will be a defining juncture for Bitcoin.

In this review, we breakdown what the Bitcoin halving is all about, some effects of this occasion, historic occurrences, and what to anticipate from this year’s halving occurrence.

Bitcoin was built on a system that mandates regular halving (also known as Halvenings) to sustain its value. The halvings are programmed to happen every 4 years. Already, Bitcoin has witnessed two halving processes, the first in 2012, and the other in 2016. The next halving process is scheduled for the 20th of May 2020.

Bitcoin’s Value Preserving Strategy
Bitcoin runs on a deflationary economic model which ensures that over time, lesser and lesser Bitcoin tokens will be created until finally, the creation of new Bitcoin tokens will end.

BTC’s total supply is capped at 21 million, meaning that it is impossible to have more than that exact number of Bitcoin token in circulation at any point in time. It has been estimated that the very last Bitcoin token will be mined in the year 2140.

Bitcoin’s deflationary model predisposes it to scarcity which increases in demand, thereby causing its value to increase as well.

This model is different from traditional fiat which is based on an inflationary model, this means that banks can instruct for the printing of more banknotes at will. This is not an ideal practice per se as a boost in the volume of banknotes in circulation could result in the devaluation of that currency.


Bitcoin’s “Block Reward” System
New Bitcoin tokens are pumped into the market through a popular process known as cryptocurrency “mining”. Bitcoin miners get rewarded with a Bitcoin “block” allotment every time they successfully solve transactions. The blocks are allotted by the Bitcoin algorithm.

The block rewarding process happens every ten minutes. So in fact, ten minutes from this moment, new Bitcoin tokens will be created.

Mining is not an easy process. It requires a certain level of expertise, specific hardware, and a serious quantity of electricity.

After the inception of Bitcoin, the first mining reward was fifty Bitcoin. This meant that every ten minutes, a Bitcoin miner received fifty Bitcoin tokens for solving transactions.

That number has since been halved, twice, and is now at 12.5 Bitcoin token per block reward. By May this year, the halving will bring that figure down to 6.25 Bitcoin token per block reward.

This feature has been pre-programmed into Bitcoin’s system.

What This Could Mean for Mining
Lesser block rewards are not the only reason Bitcoin is scarce. It has gotten significantly harder to mine Bitcoin and receive rewards. This is because mining is now more difficult as more miners are entering the system thereby increasing competition.

Consequently, an increase in competition means miners require more sophisticated tools to solve cryptographic Algos.

Over the years, miners have created what is known as “mining pools” to better handle the rising competition of mining. Mining pools are a network of miners, collectively working towards achieving block rewards.

Block rewards in mining pools are distributed according to the percentage of effort put into earning a block.

Improved Stock-To-Flow Ratio
Halvings have several profitable impacts on Bitcoin. One such effect is that it boosts the Stock-To-Flow ratio of Bitcoin.

A commodity’s STF ratio is calculated by dividing the quantity of the asset held in reserves, by the quantity manufactured in a year. The greater the STF ratio, the lesser the annual inflation on that asset.

Commodities like gold possess a very impressive STF ratio as its available quantity is limited.

Presently, Bitcoin has a significantly lesser STF ratio, unlike gold. Regardless, more halving occasions will boost the Bitcoin’s STF ratio. It is even believed that someday, Bitcoin will surpass gold in the STF ratio rating and will be an even better store of value. This is probably why Bitcoin is dubbed “digital gold”.

After-Effects of Previous Halvenings
2012’s Halving
The first Bitcoin halving happened on the 28th of November. On that day, the cryptocurrency recorded a 6.5% trade range.

Regardless, to the surprise of many, the price remained at a consolidated state months after the occasion. This was partly because Bitcoin was still in its infancy and so, not many people were engaged with it. Also, media coverage at the time was not what it is today, which means many people were not informed of what was going on.


Based on the information on Bitcoin’s BNC Liquid Index, the price of BTC attained a high of about $32 on the 8th of June 2011.

The price of BTC never broke above the $32 mark until the 28th of February 2013 (4 months later), where price witnessed a climb to $260 after which a drop was experienced and the price stayed below that level for several months.

Fast forward to the 30th of November 2013 (close to a year after the 2012 halving), Bitcoin rallied dramatically and peaked at $1,167, which was a whopping 9,686% increase from the initial price of $11 on halving.

2016’s Halving
On the 9th of July 2016, the second halving, the price peaked at $664 but did not maintain that uptrend instead fell to $626 on the same day.
Subsequently, the price continued on that downward trajectory for about three months.

However, things started looking up for Bitcoin from the 27th of October 2016 when price closed above the previous halving’s high of $664.

Bitcoin later proceeded to smash its last all-time high of $1,167 on the 23rd of February 2017. This spike started the famous bull rally of 2017 through 2018, which witnessed a peak at $20,000 sometime in December 2017.

2016’s halving shot Bitcoin’s price from $664 to $20,000 which was a growth of 2,912%.

Possible Outcomes of this Year’s Halving?
In the crypto sector, the Bitcoin halving is undoubtedly among the most talked-about and anticipated occasions of the year.

Presently, there are mixed expectations as to what the outcome of the 2020 halving may be.

Many in the crypto sector are very optimistic and believe that, just as in the past, the price will soar dramatically either before or after the occasion.

Creator of Kraken, Jesse Powell expects the price of Bitcoin to rise close to $100k or 1 million after the halving.

The CTO of Morgan Creek Digital Assets also shares the belief of Jesse and expects Bitcoin to reach the $100,000 mark by 2021. He says that scarcity is a driving force for the demand of any commodity. He explains that the 2020 halving will cause Bitcoin to be more scarce.

Other crypto players believe that this year’s occasion will not have a similar trajectory with past occasions and would, instead, mar the price of Bitcoin.

Another possible scenario that has been observed over time is the “buy and dump” case. This scenario usually plays out when there is a highly anticipated occurrence. It works exceptionally well when the upcoming occasion is sure to have a quantifiable effect on supply and demand dynamics.

The price of the asset in question experiences a huge spike just days or a few weeks to the main event. This transpires because investors stock up on the asset towards the event. After the event, however, the price of the said asset drops significantly.

This kind of activity has transpired frequently in the cryptocurrency space. One such occasion was the Bitcoin futures trading releases for the CBOE and CME.

Just a few days to the CME’s release, the price of Bitcoin rallied from $6,400 and peaked close to its all-time high of $20,000 in a day. Not surprisingly, the price dropped considerably in the period that followed those releases.

Furthermore, some cryptocurrency experts believe that the aftermath of the halving has already been priced in. It has been observed that demand is “missing” in the Bitcoin market, this could be a clear indication that the halving has been priced in.

Usually, months before a halving, a boost in demand and price of Bitcoin is always noticeable. This time, however, no increase can be observed in neither of the stated areas.

In this case, it could lead to a lateral trading period which might be a good thing for traders.

At the moment, Bitcoin is still struggling to break above the $7,200 mark and there are no signs of a reversal happening soon.

Whatever the result may be one thing is for sure, the price of Bitcoin is set to experience drastic changes this year.

Source: https://learn2.trade

Bitcoin (BTC) Shows Strength, Sustains Hope On Uptrend

Key Resistance Zones: $10,000, $11,000, $12,000
Key Support Zones: $7, 000, $6, 000, $5,000

BTC/USD Long-term Trend: Ranging
After the rejection of price at $9,200, the downward move was extended to a low of $8,250. Analysts were of the opinion that Bitcoin will bounce if price falls and tests the low of $8,250. From every indication, Bitcoin is making a solid upward move as the coin approaches the overhead resistance.

Our bullish expectation is that the price will break the resistances of $8,800 and $9,200. Then the same momentum will be extended to the $10,000 price level. However, the bears may want to put up a fight to defend the $9,200 resistance. If the bears defend successfully, Bitcoin will be compelled to a sideways move.

BTC/USD - Daily Chart
Daily Chart Indicators Reading:
The 21-day SMA and the 50-day SMA are pointing northward indicating the upward move. The 21-day SMA acts as a support to Bitcoin. Meanwhile, MACD provides a buy signal for Bitcoin as the MACD line and the signal are above the zero lines.

BTC/USD Medium-term Trend: Bullish
On the 4-hour chart, the price breaks the support line of the horizontal channel. Later Bitcoin finds support at $8,250 low. The $8,250 low was well supported by the bulls as the coin makes a bullish move. The price is approaching the resistance at $8,800. If successful above $8,800, the price will rally above $9,200.

BTC/USD - 4 Hour Chart
4-hour Chart Indicators Reading
Bitcoin has risen to level 66 of the daily Relative Strength Index period 14. This signifies that the coin is in a bullish trend zone. However, if the RSI rises above level 70, Bitcoin will be said to have reached the overbought region of the market. Then we may experience a fall in BTC price.

General Outlook for Bitcoin (BTC)
The upward move in the last 24 hours is a positive development as Bitcoin bounces at a low of $8,250. All the indicators are in the positive direction of the coin. However, the RSI is level 68 indicating that the coin is approaching the overbought region. In other words, the upward move may soon be interrupted. After a retracement, the coin will resume its upward move.

BTC Trade Signal
Instrument: BTC/USD
Order: Buy
Entry price: $8,738
Stop: $8,500
Target: $9,200

Source: https://learn2.trade

GBPUSD Retreats Beneath The Level At 1.31 Amid Greenback’s Resilience

GBPUSD Price Analysis – January 26
GBPUSD is trading beneath the 1.31 level after reaching a new high of 1.3172, as the dollar’s resilience did not allow the pair to gain momentum. The US dollar is gaining strength in all directions.

Key Levels
Resistance Levels: 1.3600, 1.3514, 1.3280
Support Levels: 1.3000, 1.2582, 1.1958


GBPUSD Long term Trend: Bullish
GBPUSD recently recovered to the level of 1.3172 but has since lost momentum. This week’s initial bias is neutral. On the other hand, in the past, the level of 1.3172 may give way to the resistance level of 1.3280.

A breakdown there may approach the test at 1.3514 level. On the other hand, beneath the level of 1.3050, repeated testing of the recovery part of the level of 1.1958 to 1.3514 at 1.2900 levels may occur.


GBPUSD Short term Trend: Bullish
Estimated intraday bias in GBPUSD may initially become neutral with a temporary top already structured at 1.3172 level. Further growth is moderately favored, while the immediate support level of 1.3050 remains unchanged.

The Fx pair remains bullish, trading past the level of 1.3072, a critical barrier is found at levels of 1.3118 and 1.3172. Besides, the Fx pair remains bearish, trading past the 1.3050 level, critical support has been found at 1.3000 and 1.2970 level.

Note: Learn2Trade.com is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.

Source: https://learn2.trade

XAUUSD Price Analysis – February 7

The increasing tension in the Coronavirus crisis could push gold upward, trying to reach the $ 1,575 level. The yellow metal strengthened despite stock market growth following the publication of economic data that exceeded expectations. However, the mood for assets at risk improved significantly as fears of coronavirus eased slightly.

Key Levels
Resistance Levels: $ 1625, $ 1595, $ 1580
Support Levels: $ 1550, $ 1540, $ 1517


XAUUSD Long term Trend: Bullish
XAUUSD is trading in an uptrend after its main daily 5 and 13 moving averages. However, gold broke beneath the bear flag and then recovered slightly over the past three sessions.

The movement is unstable, which probably means that gold is about to consolidate. RSI has grown, but is in the middle of the neutral range and reflects consolidation.


XAUUSD Short term Trend: Ranging
After the breakdown of the January bearish flag, the bears see the current upward move as a correction that will lead to another potential bearish leg. However, a clear break past the resistance level of 1575/80 should nullify the bearish bias and restore the bullish momentum in the market.

Bears expect a breakdown of the support level of $ 1,563 with a break below the level of $ 1,550 and a potential fall to the level of $ 1,540 in the short term.

Instrument: XAUUSD
Order: Buy
Entry price: $1,567.50
Stop: $ 1,550
Target: $1,585

Source: https://learn2.trade

Bitcoin (BTC) Bounces As Uptrend Gains Ground

Key Resistance Zones: $10,000, $11,000, $12,000
Key Support Zones: $7, 000, $6, 000, $5,000

BTC/USD Long-term Trend: Bullish
In the last 24 hours, the bulls have held on the price above $9,700. The positive upward move was as a result of the rebound on February 4. Previously the coin was range-bound between $9,200 and $9,600. Buyers bought at the low of $9,100 and have pushed the price to the top of the range.

The bears could not continue with the downward movement at a low of $9,100. Presently, the price at the top of the range is $9,777. Nevertheless, if the price breaks above this current range, the coin can rally above $10,300.

BTC/USD -Daily Chart
Daily Chart Indicators Reading:
Bitcoin is currently trading above $9,700 and it is above 80% range of the daily stochastic. This explains that Bitcoin is in the overbought region of the market. It also means that BTC is in a strong bullish momentum. Meanwhile, the price action has not shown any reversal candlesticks of Bitcoin. It also means that the upward move may likely continue.

BTC/USD Medium-term Trend: Bullish
On the 4-hour chart, BTC is in a smooth uptrend. In its first bullish move, it was resisted at $8,400. The price pulled back and continued the upward move. In its second bullish move, it was resisted at $9,200 and the coin fell to the support of the trend line. At this support, the coin rebounded and the momentum extended the high of $9,500. The upward move is continuing as the price reaches a high of $9,700.

BTC/USD - 4 Hour Chart
4-hour Chart Indicators Reading
On the Relative Strength Index period, 14 levels 70 indicate that the coin is nearing the overbought region. In the overbought region, there will be sellers that will push the coin downward. However, buyers may not be on hand to push the coin upward.

General Outlook for Bitcoin (BTC)
Bitcoin is now trading above $9,700 at the time of writing. As the market reaches the overbought region, the coin is likely to fall to the previous support. Alternatively, the market will continue to move in a sideways trend.

BTC Trade Signal
Instrument: BTC/USD
Order: Buy
Entry price: $9,777
Stop: $9,600
Target: $10,300

Source: https://learn2.trade

Ripple (XRP) Starts New Uptrend, Battles Next Resistance At $0.34

Key Resistance Levels: $0.30, $0.40, $0.45
Key Support Levels: $0.25, $0.20, $0.15

XRP/USD Long-term Trend: Bullish
On February 11, Ripple slumped to the low of $0.26 and rebounded as the coin reached a new high of $0.32. Before this time, the bulls have been finding it difficult to break the resistance at $0.28. Analysts are of the view that a break above $0.28 will push XRP to a high of $0.31. Today the market has reached a high of $0.34 but has pulled back to the support of $0.32.

The upward move has been temporarily put on hold because of the minor resistance at $0.34. Nonetheless, the bulls have to make efforts to break the current resistance. From the price action, if the bulls succeed in breaking the resistance at $0.34, XRP will rally above $0.40. This is because there will be little or no resistance between $0.34 and $0.40. Therefore, we shall lookout for the next price between $40 and $0.45.

Marvin Steinberg und seine Sicht auf den STO-Markt: https://coincierge.de/2020/marvin-steinberg-und-seine-sicht-auf-den-sto-markt/

XRP/USD - Daily Chart
Daily Chart Indicators Reading:
As Ripple appreciated to a high of $0.32, the Relative Strength Index period 14 has risen to level 80. This implies that Ripple is in the overbought region of the market. The implication is that once the coin is overbought, sellers will be generated in the region to push the coin downward. Buyers are not available in the region to push the coin upward. However, in exceptional cases price will linger in the overbought region before the downward move.

XRP/USD Medium-term Trend: Bullish
On the 4-hour chart, the upward move was as a result of a bounce on the trend line. The rally reached a high of $0.34 but the price found support above $0.32. Thereafter the bulls made two attempts at the resistance without a success. The coin is fluctuating below the resistance.

XRP/USD - 4 Hour Chart
4-hour Chart Indicators Reading
Ripple is trading below 80% range of the daily stochastic. This means that XRP is in bearish momentum. The coin is likely to fall. Meanwhile, 21-day SMA and 50-day SMA are sloping upward indicating that uptrend is ongoing

General Outlook for Ripple (XRP)
Ripple is currently fluctuating above $0.32 support but below the $0.34 resistance. The bulls have one more hurdle at $0.34 resistance to jump over. Ripple will be out of the downtrend zone if the bulls are successful above the resistance. There is also the possibility of a new uptrend as soon as the resistance at $0.34 is breached.

Ripple (XRP) Trade Signal
Instrument: XRPUSD
Order: Buy
Entry price: $0.33
Stop: $0.32
Target: $0.45

Note: Learn2Trade.com is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results

Source: https://learn2.trade

Gold Is Trapped In A Narrowing Price Band Lacking In Directional Bias

XAUUSD Price Analysis – February 14
Gold did not have a strong directional inclination and traded in a limited exchanging band around the $ 1,575 level during the early European session on Friday. The blend of separating powers couldn’t give any new catalyst or support the valuable metal to build up a positive shift of the previous session to the tops in a week.

Marvin Steinberg und seine Sicht auf den STO-Markt: https://coincierge.de/2020/marvin-steinberg-und-seine-sicht-auf-den-sto-markt/

Key Levels
Resistance Levels: $ 1611, $ 1595, $ 1585
Support Levels: $ 1550, $ 1540, $ 1517


XAUUSD Long term Trend: Bullish
The metal has printed lower highs and higher lows since it reached $ 1,611.49 level in early January. This took the form of a tapering price band or a declining triangle.

Admitting past the upper limit may mean the resumption of the uptrend from November lows of about $ 1455.70 level and may lead to a move past the recent high of $ 1611.49 level.


XAUUSD Short term Trend: Ranging
The day after a slight decrease in price, gold came back to the resistance region of $1575 – $1578 levels. With the RSI indicating a potential move higher, we could see some expansion in force.

However, gold requires to get through the barrier zone to affirm further advancement and besides, it additionally needs to break past the recent highs to keep up an upswing.

Instrument: XAUUSD
Order: Buy
Entry price: $1,575
Stop: $ 1,563
Target: $1,580

Note: Learn2Trade.com is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results

Source: https://learn2.trade

The Sharp Recovery In EURJPY Lose Momentum, Falters Beneath The Level At 121.00

EURJPY Price Analysis – February 21
The single European currency rose 88 basis points or 0.73% against the Japanese yen in the previous session. After two consecutive sessions showing strong growth, EURJPY is now losing some momentum amid JPY bulls.

Key Levels
Resistance Levels: 122.37, 122.87, 121.00
Support Levels: 119.99, 117.08, 115.83


EURJPY Long term Trend: Ranging
The EURJPY rebound from the level of 118.46 continues to advance from the previous session, but today it has stalled. Super-speed acceleration claims that a decline from 122.87 level could have ended in three waves to 118.46 level.

However, the support level formed by the intersection of the moving average of 5 and 13 at 119.90 level can support the exchange rate during the trading session on Friday, while greater advance can continue from the level of 115.83.


EURJPY Short term Trend: Ranging
From an analysis of the 4-hour time frame, the intraday bias is now on the rise for a resistance level of 121.15 at first. The breakthrough will be aimed at 122.87 high levels.

On the other hand, a breakdown of the secondary support levels of 119.99 could change the bias towards lower testing to retest the low level of 118.46 instead.

Instrument: EURJPY
Order: Sell
Entry price: 121.00
Stop: 119.66
Target: 121.47

Note: Learn2Trade.com is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results

Source: https://learn2.trade

Bitcoin (BTC) Consolidates As Bears And Bulls Tussle Above $9,400 Support

Key Resistance Zones: $10,000, $11,000, $12,000
Key Support Zones: $7, 000, $6, 000, $5,000

BTC/USD Long-term Trend: Ranging
Bitcoin has failed to break above $10,400 overhead resistance. The bulls made two unsuccessful attempts at the resistance. In the recent one, the bears took the price to a low of $9,290 and then pulled back above $9,400. In the interim, the price is fluctuating above $9,400 and approaching the high of $9,800.

As the bulls have failed to push above the overhead resistance, the pair may commence a range movement. Nonetheless, it is anticipated that if the bears break below the $9,400 support, selling pressure may resume. Meanwhile, BTC may continue the range-bound movement.


BTC/USD – Daily Chart
Daily Chart Indicators Reading:
After the downward move of Bitcoin, the Relative Strength Index has also fallen to level 52. This simply means the coin is above the centerline 50. In other words, BTC is in an uptrend and it is likely to rise. Price broke the support line of the ascending channel. The uptrend will be in proper perspective only when the bulls break into the ascending channel.

BTC/USD Medium-term Trend: Bearish
On the 4- hour chart, Bitcoin now trades between $9,400 and $10,200 after the first breakdown at the $10,400 overhead resistance. The bulls tested the resistance at $10,200 twice , before the downward move. The large bearish candlesticks tested a low of $9,290. However, the small body candlesticks that follow are called indecisive candlesticks.


BTC/USD – 4 Hour Chart
4-hour Chart Indicators Reading
Presently, BTC is trading above a 25% range of the daily stochastic. That is the coin is in the bullish trend zone. The 21-day SMA and the 50-day SMA are sloping horizontally indicating a sideways trend.

General Outlook for Bitcoin (BTC)
From every indication, if the bulls fail to push above the overhead resistance, the price action in October and November will repeat itself. For the past three days, BTC is still fluctuating above $9,400.

Instrument: BTC/USD
Order: Sell
Entry price: $9,700
Stop: $9,900
Target: $8,400

Note: Learn2Trade.com is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results

Source: https://learn2.trade

Australia 200 (AU200AUD) Plummets Heavily, But May Bounce Upwards Soon

Key Resistance Zones: 7000, 7100, 7200
Key Support Zones: 6100, 6000, 5900

Australia 200 (AU200AUD) Long-term Trend: Bullish
The index is in an uptrend. It has been making a series of higher highs and higher lows. On July 29, 2019, the market reached its high of 6800. It was said to be in the overbought region. Sellers emerge as price drops to a low of 6400.

The upward move resumes as the market reaches a high of 7155 but was resisted. Price plummets to a low of 6900. Bulls took the price to the high of 7167, thereby forming a bearish double top. The market fell because of the formation of a bearish double top. It fell to the low of 6615.


AU200AUD – Daily Chart
Daily Chart Indicators Reading:
Australia 200 has fallen to level 26 of the daily Relative Strength index period 14. It indicates that price has reached the oversold region of the market. That is selling has overdone. Buyers are likely to emerge to push the index upward.

Australia 200 (AU200AUD) Medium-term Trend: Bearish
On the 4- hour chart, Australia 200 is also in an uptrend. A bullish trend line is drawn showing support levels of the index. AU200AUD rebounded at the support of the trend line on January 6 and reached a high of 7154. At this high of 7154, the market was in an overbought region as it fell to a low of 6900.


AU200AUD – 4 Hour Chart
4-hour Chart Indicators Reading
On February 19, price reached the peak price of 7200 but was resisted. The market fell to a low of 6615. This was the previous low of December 32019. Meanwhile, The market is below 20% range of the daily stochastic. At this moment, the market is in the oversold region. In other words, AU200AUD is in a strong bearish momentum. The momentum will remain until buyers emerge to push the indices upward.

General Outlook for Australia 200 (AU200AUD)
Australia 200 makes an impressive upward move, it soon reaches the overbought region of the market. This is done by suggesting sellers take control of price. The bears pushed the indices to the oversold region at 6615. The market is likely to go up once buyers emerge.

Instrument: Australia 200 (AU200AUD)
Order: Buy
Entry price: 6586
Stop: 6300
Target: 7200

Source: https://learn2.trade

S&P 500 Unexpected Crash Resumes Its Decline, Dropping To Fresh 2020 Lows

S&P 500 Price Analysis – February 28
The S & P 500 has a deep pullback beneath Simple Moving Averages (SMAs) while selling pressure hit past 3100 levels downwards at new lows in 2020. The spread of Coronavirus makes investors fear global growth. Continuous stays beneath the stated level may increase further selling expanding down to 2800 level.

Key levels
Resistance levels: 3400, 3220, 3000
Support level: 2853, 2772, 2600


S&P 500 Long term Trend: Bearish
The S & P 500 received another blow in the previous session: the opening price gap plunged beneath the critical support at 3000.00 level, and now it has entered the second phase of selling at today’s session towards the next support level at 2853.00, currently, it is trading near the level of 2950.00.

Currently, the index is trading at 2947.00 level, after an attempt to close the price gap failed and fell before returning to the level of 3000.00. We can see attempts to stay past 2900.00 level, however, if this fails, the next two supports are estimated at 2853.00 and 2772.9 levels.


S&P 500 Short term Trend: Bearish
The S & P 500 is experiencing a deep downward correction and is currently challenging its moving average of 5, trying to rebound since the bears broke beneath 3000 levels, reaching new lows in 2020.

The spread of Coronavirus causes traders to panic. The lack of an upward momentum of the S & P 500 may lead to further selling with a further decline to the level of 2853.00.

Instrument: S&P 500
Order: Sell
Entry price: 3000
Stop: 3069
Target: 2853

Source: https://learn2.trade

USDCHF Remains Beneath The 0.9600 Level Despite The Greenbacks Rebounding Bond Yields

USDCHF Price Analysis – March 3
The Fx pair stays on the defensive through Tuesday’s early European session into American session and is currently positioned close to the lower end of its daily trading range, around the low-level area of 0.9515. The risk-on flow helped the bond yields from the U.S. Treasury to stage a good recovery from all-time lows. It eventually helped alleviate the US dollar’s recent bearish pressure but unable to lift the pair.

Key Levels
Resistance Levels: 1.0231, 1.0027, 0.9845
Support Levels: 0.9500, 0.9438, 0.9370


USDCHF Long term Trend: Bearish
After a strong collapse over the last few days, the bears are likely to wait for a regular closing beneath the low price level of September 2018 close to 0.9541 level, thus targeting 0.9500 levels during the further declines.

Nonetheless, it may recall the buyers targeting 0.9700 marks on the off-chance the pair’s recovery moves past-0.9629 price levels including lows marked on January 31.


USDCHF Short term Trend: Bearish
Technically with a low resistance level of 0.9654, the intraday bias in USDCHF stays on the downside as the current fall from 1.0231 may aim a forecast of 100 percent from 0.9845 to 0.9438 levels.

On the upside, breakage of 0.9654 minor resistance level may first alter the neutral intraday bias and recovery may be well beneath the resistance level of 0.9845 to usher in continuation of fall resumption.

Instrument: USDCHF
Order: Sell
Entry price: 0.9541
Stop: 0.9613
Target: 0.9438

Source: https://learn2.trade

Germany 30 (DE30EUR) Consolidates After An Incredible Fall

Key Resistance Zones: 12800, 13200, 13600
Key Support Zones: 11600, 11200, 10800

Germany 30 (DE30EUR) Long-term Trend: Bearish
DE30EUR index was in an uptrend since January 2019 but was ended in February 2020. The stoppage of the uptrend was that the market reached the overbought region. DE30EUR reached a high of 13800 and was overbought.

The upward move becomes impossible because buying has been overdone. In the overbought region, sellers are on hand to push DE30EUR downward. The market fell to a low of 11800. Nonetheless, the index fell to a low of 11800 and was oversold. The current support is likely to hold as we expect buyers at the oversold region to push the price upward.


DE30EUR – Daily Chart
Daily Chart Indicators Reading:
The downtrend of the index has resulted in the DE30EUR to be in an oversold region. DE30EUR fell below a 20% range of the daily stochastic. This also means that DE30EUR is in a strong bearish momentum. It is expected that buyers will be on hand to push the index upward. DE30EUR will remain in the oversold region as long as buyers delay to emerge.

Germany 30 (DE30EUR) Medium-term Trend: Bearish
On the 4- hour chart, the index has been in a sideways trend before the downward move. DE30EUR has been fluctuating between 13000 and 13600 for sometimes. The bulls and the bears have earlier been testing the lower and the upper price range to break it. However, the market fell after the bulls tested 13800 resistance level.


DE30EUR – 4 Hour Chart
4-hour Chart Indicators Reading
The index is currently at level 36 of the Relative Strength Index period 14. The index is likely to fall because it is below the centerline 50. The 21-day SMA and the 50-day SMA are sloping southward indicating the downtrend. Buyers will emerge in the oversold region to push the index upward.

General Outlook for Germany 30 (DE30EUR)
DE30EUR is consolidating after a price breakdown. After a period of consolidation, the market will either fall or rise. The index may move up after a period of consolidation. This is because Germany 30 is in the oversold region of the market. Buyers are likely to push the index upward.

Instrument: Germany 30 (DE30EUR)
Order: Buy
Entry price: 11940
Stop: 11700
Target: 13600

Source: https://learn2.trade

Crude Oil: WTI Price Tumbles As Market Bearish Trend Extends Lower To $27.40 Level

USDWTI Price Analysis – March 9
WTI oil futures for April delivery is in free fall mode on Monday after a price war between Saudi Arabia and Russia caused by last week’s OPEC+ meeting. On Monday, the oil price opened 11 percent lower and trading at a $27.40 level multi-year low, though not far from the 2016 troughs.

Key Levels
Resistance Levels: $54.40, $50.88, $46.00
Support Levels: $27.40, $25.00, $20.00


USDWTI Long term Trend: Bearish
In the larger structure, the market mood turned to bearish after the drop beneath the $43.83 level of 2018 low and only a bounce back past that level could restore the optimistic outlook.

If recovery occurs, with the price closing past today’s high of $41.51 level, resistance could arise within the former support area of $41.09-$43.83 levels, a break from which could see the $46.00 level re-test.


USDWTI Short term Trend: Bearish
WTI crude oil prices dropped more than 10 percent today as prices reached a $27.40-level multi-year low, although this coincides with multi-year support turned resistance point at $41.09 level. If the price returns past this level, we might see some consolidation happen.

The restructuring would most likely stay between ranges of $41.09 and $46.00 levels. We’d be on the lookout for any initial signs of higher low formation that could indicate a rebound.

Instrument: USDWTI
Order: Buy
Entry price: $27.40
Stop: $25.00
Target: $41.09

Source: https://learn2.trade

Ethereum (ETH) Fails To Hold Above $240, Encounters Further Selling

Key Resistance Levels: $225, $250, $275
Key Support Levels: $150, $125, $100

ETH/USD Long-term Trend: Bullish
Ethereum’s recent fall was caused by the bulls’ inability to sustain above $240 price level. Since on February 25, the market has been fluctuating above $220 before its upward move to the high of $246. As the price breaks above $240, it was expected of the coin to revisit the previous high above $286.

The bulls could not sustain the upward move and they were repelled. The price dropped from a high of $252 to $199. There is possibly of another downward move of the coin. Ethereum may further depreciation to the low of $180 or $197 if the selling pressure continues.


ETH/USD – Daily Chart
Daily Chart Indicators Reading:
Ethereum is now in bearish momentum. The previous bullish momentum was interrupted because the bulls failed to push the price upward. Currently, the market is below 25% range of the stochastic. The market is now in a bearish momentum approaching the oversold region.

ETH/USD Medium-term Trend: Ranging
On the 4 hour chart, the coin has been in a sideways trend. The sideways trend is ongoing as ETH makes a downward move. The third attempt was unsuccessful as price fell to the low of $210 but move up to make a retest at $250. The retest at $250 catapults the coin to further depreciation. Ether has reached a low of $190’.


ETH/USD – 4 Hour Chart
4-hour Chart Indicators Reading
The 21-day SMA and 50-day SMA are sloping horizontally indicating that the coin is in a sideways trend. The Relative Strength index period 14 is level 31 indicates that the coin is approaching the oversold region of the coin. It is also below the centerline 50.

General Outlook for ETH
Ethereum is bound is still under bear control. It was assumed that Ether will fall but will rebound at a low of $197. Nevertheless, if the price fails to rebound but drops below $180, it will portend negatively for the coin. Besides, since the low at $200 is broken, the price is likely to fall to the $180 low

ETH Trade Signal
Instrument: ETHUSD
Order: Sell
Entry price: $194
Stop: $200
Target: $180

Source: https://learn2.trade

AUDUSD Rebounds After Plummeting To 0.5506 Levels

AUDUSD Price Analysis – March 19
The Australian dollar has sunk to the lowest since Thursday, October 2002, after Australia’s central bank lowered interest rates to 0.25%. Despite plummeting to 0.5506 level, AUDUSD pair spiked to fresh session tops in the last hour to about mid-0.5800s level but then stabilized after about 50 pips move quickly.

Key Levels
Resistance Levels: 0.7031, 0.6684, 6434
Support Levels: 0.5506, 0.5118, 0.4773


AUDUSD Long term Trend: Bearish
AUDUSD’s decline from 0.7031 (high) level is still on the way in the larger structure. It is part of the greater downward trend from 1.1079 (high) level. The estimate of 61.8 percent from 0.7031 to 0.6878 at 0.5506 level is already achieved. There could be continuous breaks paving the way to 0.4773 (low) level.

On the upside, it needs a break of 0.6684 resistance level to suggest short-term bottoming, on the other hand, even in case of a fast rebound, the trend may stay bearish.


AUDUSD Short term Trend: Bearish
AUDUSD’s fall has so far accelerated to a level of 0.5506. There may be some support from the medium-term projection level of 0.5506. But to confirm short term bottoming, breakage of 0.6028 minor resistance level is required.

On the other hand, more decline is still predicted from 0.6684 at 0.5118 level for the next target of 261.8 percent projection of 0.7031 to 0.6434 level.

Instrument: AUDUSD
Order: Buy
Entry price: 0.5701
Stop: 0.5506
Target: 0.6028


Source: https://learn2.trade

Bitcoin Cash Makes An Upward Move As Bulls Buy At Lower Levels Of The Market

Key Resistance Levels: $275, $300, $350
Key Support Levels: $200, $160, $120

BCH/USD Price Long-term Trend: Bearish
On March 16, BCH fell to the low of $164 and the bulls buy at the lower levels of the market. The coin made an upward move as a result of the purchase. BCH has risen to $191 and it is approaching the high of $200. On the upside, if the bulls break the resistance at $200, the market will rise to a high of $265. Presently, BCH is trading at $191 as at the time of writing. BCH may fall to a low of $169 if it fails to break the $200 resistance.


BCH/USD – Daily Chart
Daily Chart Indicators Reading:
Currently, BCH is rising as it is above 20% range of the daily stochastic. This indicates that Bitcoin cash is in bullish momentum. The coin was previously in an oversold region. The bulls are emerging as the coin makes an upward move.

BCH/USD Medium-term Trend: Bearish
On the 4-Hour chart, BCH is in a descending channel. On March 12, BCH fell to the low of $141 and resume a range-bound movement. The coin is currently approaching the high of $200.


BCH/USD – 4 Hour Chart
4-hour Chart Indicators Reading
BCH has risen to level 56 of the daily Relative Strength Index period 14. BCH is above the centerline 50 which means that it is in an uptrend zone. BCH is currently rising, and if it breaks the resistance line of the descending channel and closes above, it is an indication of an uptrend.

General Outlook for Bitcoin Cash (BCH)
Bitcoin Cash is currently trading above $160. The bulls buy at a lower level on March 16, compelling BCH to rise to the previous highs. However, the actual test comes as it faces the resistance at $200. The upward movement will continue if it breaks above $200 resistance. Conversely, it may fall if the bulls fail to break above it.

Bitcoin Cash Trade Signal
Instrument: BCH/USD
Order: Sell
Entry price: $191
Stop: $240
Target: $120

Source: https://learn2.trade

EURJPY Extends The Sell-Off From The Weekly Highs Towards The Sub-118.87 Region

EURJPY Price Analysis – March 27
EURJPY fell under market pressure and tumbled to sub-118.87 levels at the time of writing. Japan’s anti-risk yen attained significant ground in the US session, driving the cross to session lows near 118.87 level amid the wide-spread vulnerability of the US dollar and the fall in US stock futures.

Key Levels
Resistance Levels: 123.37, 122.87, 121.15
Support Levels: 117.08, 115.83, 114.84


EURJPY Long term Trend: Bearish
In the larger structure, the trend stays bearish as the cross returned still within the falling channel formed since 123.37 (high). As long as the resistance level is 122.87, the downward trend may proceed in the next session towards the support level of 114.84.

Even so, a continuous break of 122.87 may achieve a double bottom level (115.83, 117.08) which may suggest a long-term bullish reversal.


EURJPY Short term Trend: Ranging
Initially, the EURJPY trend barely changed. Consolidation from a level of 115.83 can be increased through further rises. On the contrary, a break of 121.15 level will approach a resistance level of 122.87. On the downside, a continuous break of 115.83 level may suggest a greater resumption of the downward trend.

The price is testing the 119.99 resistance level even though the cross may have a retest of the 120.17 and 121.15 price levels. Support is seen at levels of 119.24, 118.87 and 118.37.

Instrument: EURJPY
Order: Sell
Entry price: 120.17
Stop: 120.67
Target: 119.24


Source: https://learn2.trade