1. Price tapped and got rejection around 14214 which is a strong Daily resistance area. 2. Price broke previous low and created a new low 3. Anticipating price to retrace and retest 13974. 4. After the retest I anticipate to price to continue bearish. 5. Anticipating price to continue creating lower lows and lower highs.
1. Price tapped and got rejection around 14214 which is a strong Daily resistance area. 2. Price broke previous low and created a new low 3. Anticipating price to retrace and retest 13974. 4. After the retest I anticipate to price to continue bearish. 5. Anticipating price to continue creating lower lows and lower highs.
> Price has been ranging for the whole week. > Price has broke above 160.6 which has been a strong level of resistance. > If price breaks above 162.2, I anticipate a wick fill towards 163.5-165.0 respectively
> The current D1 candle took out the previous D1 candle highs and got rejected at 155.200 > Price is currently consolidating. > With the bullish momentum on the W1 candle, I anticipating price to above 155.200. > If we break above 155.200 I anticipate price to tap 156.00 before we can continue bearish towards 153.00 and 151.00 respectively
With the huge USD news events in the next 2 days and as the Bais remains bullish. I anticipate price to fill the wick on D1 time frame and tap 1975 again.
The announcement of the new package of Sanctions on Russia are about to spike the #Bitcoin price as EU has just announced that they will cut out Russian participation in the financial sector. With Russia owning most bitcoins, the EU's sactions to exclude Russian banks on the financial markets could be the biggest driver for Bitcoin to move bullish. If $29700...
GOLD PRICE OUTLOOK: Gold price has been bullish since the beginning of February 2022, creating higher highs and higher lows while taking out previous highs that were created in January 2022 and price rallied towards November2021 highs and got rejected. Daily candle Got rejected at 1870 Retraced to retest 1847 and closed above 1850. While the longer-term...
If price breaks above 1834 after retracing towards 1830,then i will anticipate price to continue bullish as there is clear traffic on the left hand side.
Price broke and retested 156.00 causing price to continue creating higher highs. Price is currently at a strong resistance zone, however i anticipate price to tap 157.000-157-500 area and continue towards a huge sell area(158.00). With 158.000-158.200 as an area i am likely to look for sells