CapitalPrecision

CapitalPrecision

FTX:EURUSD Forex market seems like an interesting to trade ecosystem now that we have seen stock market crashes and cryptocurrency crash. Evergreen forex market which can be traded on any direction long or short where trillions of dollars are average turn over each day. EURUSD weekly chart shows an interesting story and path to follow. It seems resisting the down...

CapitalPrecision

Polkadot has been playing a inverse relationship with Cordano when it comes to pure technical analysis. As the Cordano price started to retrace and went into Short Swing down its support at $1.18 , Polkadot started a bullish. It has now retraced to an ascending channel support and is near Fibonacci Retracement of 50% at $36.00. I reckon this is real good long...

CapitalPrecision

Cordano $ADA has surprised it's rival cryptocurrencies. Since the listing news and commencing trading at Coinbase Pro Cordano wnet up from $0.99 to $1.46 in just only 48 hours and crashed down to 1.16 yesterday. Since then it has been going up in ascending channel which is highly respected. Good for both swing traders and trend traders.

CapitalPrecision

Cordano $ADA had strong pull back on the first day of trading at Coinbase Pro. As expected the price crashed to $1.16 however bounced back to previous support level It has been going sideways in the support area and started to form an ascending channel. The volumes have diminished on pullback. Next leg up may not reach $1.48. Be ready to take profits and wait for...

CapitalPrecision

$ADA has been in the backfoot since last week, although bounced back on Saturday. Retracement took 48 hours now seem to have retraced well done to $1.0. The bottom of ascending channel serves as strong support for the near term expect a decent bounce back to $1.20 in next 12- 24 hour time. There has been strong news on the Cordano front in addition BTC and ETH...

CapitalPrecision

Polkadot(DOT) dropped to 15% today and holding support at 32.345 firmly. This also coincides with ascending channel support. Given there was a decent pull back today while the Dollar Index has been in the bull territory this week, as the week braces to end wait for NFP today. There is high probability that DOTUSDT will take a long ride to 42 in the next coming days.