The downward trendline of Bitcoin's 1D chart has been broken and the 50 SMA dynamic resistance of the daily time period has also been broken. And in the 4 Hours period, the supply zone of the consolidation pattern has been successfully broken. More than that, the golden crossover theory has also happened.
The rise in market prices is temporary, so if you're already making a profit, it's time to take them out of the market. This is because the photo to your right shows the correction wave of USDT.S dominance. Its correction target could be as high as 0.618 golden ratio. Nearly 50 & 200 SMA dynamic support is active on USDT.D. Therefore, a very strong bull wave...
nokjpy short shorrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrt
NZDJPY currently has a wedge format and its lower arm is broken and the price is now falling .. indicating a death cross to happen in the future. The bearish condition is identified by the ichimiko cloud span b.
EUR / SEK has a clear accumation status. Now the supply in the accumulating zone is broken.
GBPNZD CLEAR LONG HERE GBPnzd buy xxxxxxxxxxx , GBPnzd buy xxxxxxxxxxx
NZDUSD SHORT - CLEAR BREAKOT SHORT IT nzdusd sell here SHORT IT
A clear acclumation condition in the REN is seen in an inverted head & shoulder pattern - so I expect an impulsive wave
The US dollar has broken a strong acclumation zone. Due to this I expect the dxy to go up to 100.369
A clear inverted head and shoulder pattern is created in USD / ZAR. Only make a long trade if you break the neckline
The reason for the collapse of the EUR was the collapse of the DE30. It created a consolidation zone for months. The demand in the consolidation zone was broken, confirming the post-distribution status. Now that demand has become a supply, I expect prices to fall again
This shows that the market is very complex. Taken together, XAUUSD is one of the strongest dynamic support in the daily time period, within 50 SMA and in daily demand. But within 4 hours it is in a bearish flag model. Avoid trading in such formats
DXY previously created a bullish structure but failed. Now a side way structure is being redesigned and consolidated
USD / CHF has now broken the falling wedge pattern. It is also up by 0.618 golden ratio.
Keep in mind that due to the strength of DXY, eur / usd may crash sharply under the current circumstances.
USD / CAD has now shown a clear gartley pattern. And at the moment the price is in strong demand