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1300

The reason why we're not going to fall bellow 6000Is this pitchfork that I've drawn to the downside. As you can clearly see we went through it. The last opportunity for the crash was on 1st of October. Just take a good look at it, it would be a perfect timing. A lot of people say explosive move is coming to the downside or upside, but I disagree with all of them. I think we're just gonna continue sideways and hold the 6500 support. When we break out of the triangle I suspect a move to the upside to 7400 (previous high) and an immediate drop back to 6500. We're in the accumulation zone, it's going to take a while for BTC to start setting new higher highs.
BITFINEX:BTCUSD
by supremetrejdr
2
The most insane outcomeMarket gets destroyed on 8th of October, last candle left on the daily chart before the breakdown. It goes past 5000 and 4300 because of the people panicking thinking it will go to zero. It bottoms at the most obvious support 2900 and bounces off all the way up to 5444 which will be used as a resistance point and then the horror movie begins all the way down to 1300 where the institutional money is waiting. In that case I'd expect some horifying news coming out, like: Tether and Bitfinex shuts down, Bitmex exit scams etc. Personally I don't believe this is going to happen. I'm just giving you the worst possible outcome to scare the s* out of you. Have a good day! :)
BITFINEX:BTCUSDShort
by supremetrejdr
2
GOLD BULL Since GOLD has cleared out most of the Bears along multiple time scales up to 4 hours (IntraDay). Its Left for DAILY RSI to hold support at 50. Which it has done for the whole week. The longer its held, the more legitimate it is. (Check yesterdays Buyers launching at this level) This is inspite of all the pressure from DOLLAR buyers who want the greenback to be strong. Technically, what brought GOLD down was Double resistance ( Down channel of 4 hours & larger Mid Channel resistance ) Theres an extreme vacuum of GOLD buyers, on this Strong support. I speculate an insurgence of GOLD BULLS will drive this market UP hard... Theres more room to move outside the previous resistances. Watch for Double support (Red Diagonal and Level ) Overall, the market wants another chuck at 1300 ... Its going to take every opportunity to get there #economicfreedomFX #worldofpmlani
TVC:GOLDLong
by PriceActionPmlani
XAUUSD : Profit booking for GoldThis is continuation of last post on XAUUSD. As expected Gold has risen up towards 1300 levels. We have mentioned earlier that 1150's will be buffer zone, as Gold went down till 1120's before getting bullish. Thats a very good move we have caught on medium term from 1150's to 1300's , so its advisable to book part of your profits and there can be a pullback again towards 1260's depending on what happens at 1300's zone , I will do separate post on XAUUSD, once it reaches there. Happy Trading !
FX_IDC:XAUUSD
by InsiderB
3