


Following previous analysis, GOLD price has been rising for the past few days and just as predicted, $2,638 level was hit today. GOLD price will probably continue this temporary uptrend for a few more days towards the possible target of $2,662 - $2,692 zone before continuing the major downtrend move. In fact by the end of Nov or early Dec, Gold is expected to...
Analysis on BTC shows that we can expect a short-term correction in the market. As price and volume divergences have appeared on the chart, it can be safe to assume that BTC can't probably proceed to higher levels without having some price or time correction. The blue trendline on the chart is the trigger line for a price correction. The first target of the drop...
Looking at TON's chart it seems a breakout is close. Ton has been consolidation for several months and as long as it is above the long term yellow trendline, higher targets of 6.97, 10 and 15 are available. The only problem that remains is BTC's possible dump to fill its CME gap.That's why the tight SL of 5.0 level is selected. If TON manages to thrust out of the...
In the previous analysis it was stated that Gold is heading for 2,770$ and 2,835$ as the final targets and more importantly it was clearly stated that the ongoing Gold rise would be the final one before we see a significant correction/drop in price. Just as the US elections was concluded, Gold reached the high of 2,790$ and then the heavy correction began. Gold...
USDT dominance is preparing for an upward move. Initial confluences have already appeared on the chart. Crossing above the blue trendline shall trigger an upward move towards 4.70% pivot zone. The possible upward move shall cause BTC to drop to lower levels to fill its CME gap that is identified in the previous posts. Market is highly dangerous for opening...
#BTC analysis (long term) BTC has been rising since 15,000 zone and after months of consolidation since March, it has reached 87,000 zone now. Considering the price range of the consolidation phase, BTC is currently in a tough resistance zone (82,500 - 88,000) where it will probably stop its recent parabolic rise for a while. Given the wide gap that has...
USDT dominance has almost reached the very important support zone of 4.72% and given its recent channelized behavior, it is safe to assume that USDT.D is probably going to have a good upward reaction which means market is probably going to dump.
Different tools and confluences including mid-term channel, price/volume divergence and also fibonacci tools suggest that the 76,000 - 77,000 zone is the local top for a while. In fact it is probably difficult for BTC to push through this zone as there are multiple resistances in this zone.
BTC followed analysis nicely and had a rather sharp drop towards lower levels in order to fill the gap in the 67,400 - 68,000 zone. Today's pump in BTC and the market is the reaction to gap area which acts as a support zone.
Gold is consolidating in a descending triangle pattern at the moment.We shall see a breakout within the next several hours. Strong 1H close above the blue trendline shall lead Gold to higher levels whereas strong 1H close below the 2,731.70 level shall take it towards 2,700 zone. Trader shall wait until the breakout occurs before opening any position.
BTC reached ATH and faced a strong rejection in the ATH supply zone. BTC's correction since March has become the most sophisticated one in the entire history of Bitcoin! So it's indeed difficult to predict moves in longer timeframes but if the chart's daily bearish divergence works, we'll probably see BTC heading for 62,000 zone within the next couple of weeks .
There's a gap in 67,400 - 68,070 zone which is probably going to be filled specially given the fact that yesterday's drop was a bit too strong. Gap filling is more possible as long as price is below 72,200 zone and the dotted trendline on the chart.
Following previous analysis, BTC dominance crossed above the long term descending trendline and the Oct candle closes at 60% in 3 hours indicating that BTC.D is possibly heading for 66% zone as its target. As long as BTC.D keeps rising, we can't expect an altseason.
Following previous analysis, TOTAL2 dumped and moved towards the lower trendline. Although the trendline got broken, 12H candles closed on the trendline so the mentioned trendline is still valid but 4H analysis suggests that TOTAL2 is probably gonna cross below it. TOTAL2 is facing the combined resistance of blue descending trendline and 0.618 Fib ret. of the...
USDT dominance is really close to its recent ascending trendline (blue) and an upward reaction is very likely during Monday and Tuesday. A rise in USDT.D means a dump in the market, so Sell/Short strategy is advised.
Just as anticipated, BTC CME chart almost reached 69,600 level and then dumped right away and filled the gap in the 66,640 - 66,800 area. looking at 8H timeframe, a bearish structure is visible, so market will probably continue to dump to lower levels
A gap is already visible on the chart in the 66,640 - 66,860 area and can be expected to be filled within the next few days from one of the indicated areas: either 69,600 level or the 70,960 - 71,600 zone. Since the gap is also visible on the 4H timeframe, it's considered an important gap.
It's clear that TOTAL2 faced resistance in 980B level so the dump in most altcoins is no surprise. Analysis suggests that TOTAL2 is heading for the lower trendline but if the trendline gets broken, intense sell pressure will probably appear in the market and coins will dump more. If the trendline holds well, it's possible to see some nice pump in the entire...