Upwork & Fiverr – Freelance Giants

Upwork, formerly Elance-oDesk, is a global freelancing platform where businesses and independent professionals connect and collaborate remotely. In 2015, Elance-oDesk was rebranded as Upwork. It is based in Santa Clara and San Francisco, California. The full name is Upwork Global Inc

Demand of freelancers will going to increase eventually , Upwork we can see high accumulation in the volumes even though price are continuously dropping

Take a look at the closer picture

Price is still dropping and it might try to make a new low and if price rejects from that area shown , It will give us an opportunity to go long

Fiverr is an Israeli online marketplace for freelance services. Founded in 2010 and based in Tel Aviv, Israel, the company provides a platform for freelancers to offer services to customers worldwide.

which is very similar to Upwork

Looks like the strength of the down move is high , We might see one more leg down before it starts to pick up

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