LiteFinance

2023-05-12 10:19:39 Short-term analysis for oil, gold, and EURUSD for 12.05.2023

I welcome my fellow traders! I have made a price forecast for US Crude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders.

Oil is being corrected in the short-term uptrend and is about to reach support (А) 70.89 – 70.60.



Oil price forecast for today: USCrude analysis

Oil is being corrected in the short-term uptrend and is about to reach support (А) 70.89 – 70.60. One could enter new purchases in the first support zone with a target at the high of May... Read full author’s opinion and review in blog of #LiteFinance https://bit.ly/42GTxhq Open / Comment

2023-05-12 09:39:44 Short-term forecast for BTCUSD, XRPUSD and ETHUSD 12.05.2023

I welcome my readers!

I have prepared a short-term cryptocurrency forecast based on the Elliott wave analysis of Bitcoin, Ripple, and Ethereum. I offer entry signals to trade each cryptocurrency.



Elliott wave Bitcoin analysis



Bitcoin continues to form a bearish correction B, inside which the last sub-wave [C] is unfolding. Wave [C] can take the shape of a simple impulse (1)-(2)-(3)-(4)-(5), as shown in the chart. Soon expect a price drop and development of sub-waves (3)-(4)-(5) to 25300.00. At this level, correction B will be 50% of impulse A.

Trading plan for BTCUSD today:

Sell 26595.77, Take profit: 25300.00


Elliott wave Ripple analysis



The... Read full author’s opinion and review in blog of #LiteFinance https://bit.ly/42zrRv1 Open / Comment

2023-05-11 16:59:07 https://bit.ly/3O15r1b

You know that bitcoin's halving is coming, right?

It's time to understand bitcoin trading Open / Comment

2023-05-11 16:51:43 What is paper trading

Paper trading is considered a throwback these days. Now there are already online terminals and forex testers, which help you significantly speed up market analysis and decision-making. On the other hand, paper trade helps the trader to discard the extra information flow from the indicators, news, and forecasts, typical for modern trading software, and focus on the main thing.

Currently, trading on paper is used to test a trading strategy. A trader writes down stock information and imitates making transactions but does not trade for real money. 



Paper Trading: Definition

Paper trading was widely used by advanced traders of the... Read full author’s opinion and review in blog of #LiteFinance https://bit.ly/3I13huO Open / Comment

2023-05-11 13:45:40 Deposits and withdrawals are available with Tron (TRX)

Dear client,

We are pleased to announce that a new method of depositing and withdrawing funds is available in the LiteFinance Client Profile. Deposits and withdrawals can now be made using the Tron (TRX) cryptocurrency.



Minimum deposit: $10.


Deposit commission: 0%.


The minimum withdrawal amount is 2 TRX, and the payment system commission is 1 TRX.



How can you top up a trading account with Tron (TRX)?



Go to the FINANCE section in your LiteFinance Client Profile. Open the Deposit tab, go to the Cryptocurrencies section, and click on the Tron (TRX) button.


Next, select a trading account to deposit... Read more https://bit.ly/3pl6SNI Open / Comment

2023-05-11 13:13:44 Pound burnt its wings. Forecast as of 11.05.2023

When you get close to the sun, you can burn your wings. This could be the case with the pound. It is still a G10 leader, but things could change soon. Unless the BoE supports the GBPUSD, the pair will be down. Let us discuss the Forex outlook and make up a trading plan.

Weekly fundamental pound forecast

The GBPUSD surge to yearly highs has attracted more bulls. Citigroup is revising its previous bearish forecasts for the pound, noting that the UK PMI turned out to be significantly better than expected. Indeed, the UK Economic Surprise Index rose to its... Read full author’s opinion and review in blog of #LiteFinance https://bit.ly/44TONa3 Open / Comment

2023-05-11 10:31:43 Dollar changed focus. Forecast as of 11.05.2023

After strong fluctuations caused by the release of US inflation data, EURUSD froze in place. Neither the supporters of the Fed's dovish reversal in 2023 nor their opponents received additional benefits. Let's discuss this topic and make up a trading plan.

Monthly US dollar fundamental forecast

How quickly the situation in Forex is changing! A few months ago, the release of US inflation data attracted the attention of financial markets. Now, investors have switched to other issues, including economic growth, the banking crisis, and the debt ceiling. As a result, after strong fluctuations, EURUSD stopped moving in anticipation of the PPI release.... Read full author’s opinion and review in blog of #LiteFinance https://bit.ly/3M2loSu Open / Comment

2023-05-11 09:55:39 Short-term analysis for oil, gold, and EURUSD for 11.05.2023

I welcome my fellow traders! I have made a price forecast for US Crude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders.

The oil short-term uptrend continues.



Oil price forecast for today: USCrude analysis

The oil short-term uptrend continues. The oil traders are trying to break out the Target Zone 73.53 – 72.66. If the price breaks out the TZ and consolidates above, the next upside target will be the Gold Zone 75.85 – 75.56.

It is relevant to enter new purchases at... Read full author’s opinion and review in blog of #LiteFinance https://bit.ly/3HWykbi Open / Comment

2023-05-11 09:39:35 Short-term forecast for BTCUSD, XRPUSD and ETHUSD 11.05.2023

I welcome my readers!

I have prepared a short-term cryptocurrency forecast based on the Elliott wave analysis of Bitcoin, Ripple, and Ethereum. I offer entry signals to trade each cryptocurrency.

All cryptocurrencies are developing according to forecasts.



Elliott wave Bitcoin analysis



Major bearish correction B is unfolding as of the standard zigzag [A]-[B]-[C]. Inside it, the last sub-wave [C] is under construction. Wave [C] can take the shape of a simple impulse (1)-(2)-(3)-(4)-(5). Soon expect price drop and development of sub-waves (3)-(4)-(5), approximately to 25300.00. At this level, correction B will be 50% of impulse A.

Trading plan for BTCUSD today:

Sell 27464.37,... Read full author’s opinion and review in blog of #LiteFinance https://bit.ly/42OMt2f Open / Comment

2023-05-10 18:09:03 Deposits and withdrawals are available with Tron (TRX)

Dear client,

We are pleased to announce that a new method of depositing and withdrawing funds is available in the LIteFinance Client Profile. Deposits and withdrawals can now be made using the Tron (TRX) cryptocurrency.



Minimum deposit: $10.


Deposit commission: 0%.


The minimum withdrawal amount is 2 TRX, and the payment system commission is 1 TRX.



How can you top up a trading account with Tron (TRX)?



Go to the FINANCE section in your LiteFinance Client Profile. Open the Deposit tab, go to the Cryptocurrencies section, and click on the Tron (TRX) button.


Next, select a trading account to deposit... Read more https://bit.ly/3pl6SNI Open / Comment