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XAUUSD 30 04 2021XAUUSD 30 04 2021 After the price bounced off the support level 1675.91 for the second time at the end of March, it continues to rise. At the same time, growth is accompanied by a large number of pullbacks and corrections. Nevertheless, the price has already managed to break through the support lines of 1737.06 and the level of 1763.79. Now it is in the resistance zone between the lines of March 2018 and August 2020. The price bounced off the resistance line in March 2018 from the point 1797.39. And now I expect it to be able to break through the August 2020 line at 1767.22. And the support level is 1763.79. After that, it will fix on the line in the area of 1757.53 and continue to fall. So my final target is support line 1715.51.
OANDA:XAUUSDShort
by fxpremiere
USDCHF 28 04 2021USDCHF 28 04 2021 At the end of March, the price touched a resistance zone consisting of April and January 2019 lines at point 0.946. After that, the price collapsed and a week ago made an important breakdown of the resistance level of 0.918. The price has already broken this level - during the fall in July 2020 and during the rise in March 2021. Now, after the breakdown of the level, the price tried to gain a foothold on it and grow. The price is supported by the strong line formed on the chart in June 2019. The price has already made two touches of this line and now bounced off it at the 0.910 point. Now the price is at the level and I expect it to be able to break through the 0.918 level, rise and come to the 0.930 resistance line. This will be our goal.
Long
by fxpremiere
XAUUSD 28 04 2021XAUUSD 28 04 2021 Although gold is not showing strong movement, it still continues to follow my predictions. First, the price reached the level of resistance and prepared for a fall. Then she turned around and began to fall. Then it stayed in the resistance zone of 1792.36 before starting to fall. Nevertheless, it reversed and began to fall, returning to the main downtrend that has existed since August 2020. Now the price is within the resistance line 1770.43 and I expect it to continue falling. The price will break the support line 1781.51. It will consolidate at the resistance of 1759.05 and fall to the support line at 1709.39. This will be our goal.
OANDA:XAUUSDShort
by fxpremiere
Ethereum (ETH) Ridiculously Undervalued Own at Least 1 Ethereum Everybody always ask me which cryptocurrency has the most potential and upside this cycle. My answer is if you're looking for performance start stacking Ethereum or if you don't have at least one Ethereum start making that a worthy goal before it's too late. When I look at the Ethereum / Bitcoin pairing chart we still have a long journey to reach the ETH/BTC all time highs of the previous 2017 cycle. It's crazy to even think at one point Ethereum was valued at 100,000,000 satoshis in April 2017 which is practically 1 Bitcoin . Ethereum is currently only 4.6 million satoshis. As of right now the average American does not have enough in savings to even afford 1 Ethereum at $2560. According to a GOBankingRates 2019 savings survey found that nearly 70% of Americans have less than $1000 in an emergency savings. It was only about a year ago when Ethereum was less than $300. I've been saying this for a while now that Ethereum is second evolution of the internet and the decentralized global internet. Also EIP 1559 is tentatively scheduled for July which essentially states every transaction on Ethereum will forever burn Ethereum. Meaning Ethereum will start to become scarce in the near future. Even at $2560 Ethereum is a still as it's primed to be a 5 digit cryptocurrency. Bitcoin is digital gold while Ethereum is digital oil. The ETH/BTC run-up will be epic and one for the history books this year. Please don't sleep on Ethereum before it's too late. Make it a goal to own at least 1 Ethereum. Remember I'm no financial advisor. Much peace, love, health, and wealth!
Long
by peacefuljustin
2
AUDCHF 26 04 2021AUDCHF 26 04 2021 The price has been moving in a confident upward turn. The only tangible channel breakdown occurred from February 2021 to March, when the price broke through the resistance line. However, in March of this year, it again broke through it already during the fall at the point 0.716 and returned to the growing channel. The price dropped in the channel and touched the support line at 0.703. Then it rebounded, but again reversed from the resistance line 0.715 - the line formed in the channel in October last year. After the reversal, the price touched the support line again at the 0.706 point and thus fixed on it. I expect that after fixing the price will continue to rise and come to the resistance line 0.721.
Long
by fxpremiere
BTC DROP LEVELS/ GRADUAL BTC/USD DERIORATION.I ll be brief. Rebounds as per chars are 42.000$ after retest of previous high which needs to start pumping B on the weekly candle expiry. Then as per levels we again and mechanism of the BTC price indicates that this is the end of the bullrun (at least temporary), but B already dropped after tripple top attempt in and overall behavior of the fractal is temporary bullish from 00:00 UTC on weekly. Fractal was formed from 10.000---->>>64750$. We haven't saw 42.000$ retest attempt, we just had a second rebound from 47770$ (47500$ on binance). We haven't saw 30k restest (which many condsider a " base" but, nor 20.000$ isn't retested as well and it will be retested later on (when BTC fails to breach 30.000$ from bottom 25.000$ drop). From now onwards as per fractal movement and overall BIG TIME overbought BTC (MACD WEEKLY IS SCARY). Drop will be gradial in a form LH from current price (i'd suggest not higher than 55.500$ as safe. (i marked 57211$ as top). Next rebounds B levels will be 57221$ which will be followed by drop towards 42.000$. Then we will se a rebound towrards 52500 and further deep drop towards 30.000$. Then long towards 42000 and further collision through 30.000 and restest of 25k or instant 20.0000$ drop. BTC dominance will decrease over time up to 32-33% (rest will be altcoins). ONCE AGAIN NEXT LONGS ARE : -(47700 ongoing)--->57211 at best -42.000$ -30.000$ -20.000$ (25.000 with s.l./2%) -12.000$ __________________________________ Don't use big leverages (not larger of 4-4,5X at most (since next drop will be nominal 20% plus (57200===>42.000$) B. therefore it would wipe your positions mercifully if you don't follow level mentioned above. Good luck everyone
Short
by milanjelic
3
BITCOIN | Full of Bearish Pressure!Hi, Over a year, we can say that the price of Bitcoin is in the bearish market. Do you want it or not but we have several confirmations from the price action which confirms that it is true. Bearish confirmations from the Daily timeframe: 1. The correction from the top is more than 26% (standard bearish market definition is 20% correction from the top) 2. Almost all the bullish trendlines are broken, the drawn white trendline needs a Daily candle close below of it and it will be confirmed - basically the key criterion. 3. We have a first lower low (LL) since Sept. of 2020 4. We have Daily candle closes below 50EMA. Haven't seen it since Oct. of 2020 These are major criteria that allow me to think that the bearish market has started. I don't know how long it will last but still, I want to point out some areas which can play important role in the further price action. The first important area comes around 40k, if the price falls lower than the current price then I think this price zone will stop it and even can produce reversals (if the price reaches there I will make an update). It depends on how today's candle will close. If it closes below the trendline the 50k retest and we are going approach 40k. I'll start to write a long post but I started to think that the whole concept of this will be ruined after today's candle closes above 50k and above the trendline. So, take this post as an alert and you have been worn ;) Stay healthy, Vaido
COINBASE:BTCUSD
by VaidoVeek
20
#GBPUSD 21 04 2021#GBPUSD 21 04 2021 At the end of February, the price reversed from the strong resistance zone 1.416 where the lines of June 2018 and March 2013 intersect. After that, the price began to fall and formed a downward channel. Falling in this channel, the price came to the support line 1.375. This line was formed in April 2020 and is quite strong despite breakouts. Its strength was enough for the price to start a strong growth after touching it. As a result, the price was able to break through the border of the 1.389 channel. However, it is already clear that she turned around and return to the channel. I expect that the breakout will be false, the price will break the 1.388 support line again, fall and come to the 1.377 support line. This will be our goal.
Short
by fxpremiere
#EURUSD 20 04 2021#EURUSD 20 04 2021 The price continues to stand at the resistance line in the area of 1.207 and therefore I extend my previous forecasts - I continue to expect a fall from the resistance. Let me remind you that since March last year, the price has been moving in an upward trend. In January of this year, it fell from the upper bound of the trend - 1.237 to its lower bound 1.171. The touch happened in April. After that, the price began to grow, broke through the support of August 2020 - 1.195 and touched the resistance line of October 2019 - 1.207. we expect the price to fall from this point and come to the 1.184 support line.
Short
by fxpremiere