On the 4-hour time frame, you can see that BTC is bouncing off the 200-period EMA. My target is 24330. Note: This is not financial advice. Always follow your own analysis. Thank you and good luck.
So I predict that there will be a bounce towards the price of 1880, after that whether immediately or slowing down, Gold will decline again. The profit target is at the price of 1776. Note: Remember, this is not financial advice. Always follow your own analysis. Thank you and good luck.
If you see from my analysis, Gold will bounce between prices 1747.663 - 1749. From there we can assume that we will buy with a target at 1800. Disclaimer: This is just an analysis and not a definite buy/sell signal. DYOR and please match it with your own analysis. Thank you and good luck with your trading.
I found that Gold has been in Overbought position, as indicated by the RSI indicator. Here Gold will experience a daily/weekly price correction, with a profit target of $1800 (Demand Zone) and at the point of position (approximately) the Daily Moving Average line (WMA-200).
Almost the same as what will happen with WTI (USOIL) , Brent (UKOIL) will experience a weekly price correction marked by the Overbought RSI indicator, and with a profit target of $73 in the Demand Zone.
It can be concluded from the analysis that I present, that there will be a weekly price correction for WTI Crude Oil. The RSI indicator is showing Overbought, and the price will drop to $72.17 based on the points of the daily Moving Average (WMA) indicator. Hopefully my analysis can help or complement your analysis. Thank you.
According to my analytical view, BTC is already in the Demand Zone position, with the Average Price at 38169, and has been rejected on the Daily Moving Average (WMA-1000) line. And also forming the Second Leg of the Wyckoff Pattern (H4 Timeframe). Thus, it’s expected that BTC will return to its main trend, which is going up.
What I can say is that AVAX is experiencing rejection in the $79.62 price range, currently in the Supply Zone and below the WMA-600 Moving Average line (4-hour timeframe).
So far as you can see from my chart analysis, SOL has retraced the price of $104.65 on the Fibonacci Retracement of 61.8% ratio. And there has also been a rejection at the price level of $101.19 at the WMA-100 line (Daily), after this we expect SOL to decline again in the near future. Indeed, in general, the movement of SOL and BTC is inversely proportional, so...
There has been a rejection at the WMA 600 (H4) line (blue) at 44500, below the WMA 500 line (Daily) (yellow) and the Ichimoku cloud is still red. So in conclusion BTC will decline again.
My analysis in a short time frame, BTC will go up to 47k-52k, and after that BTC will go down again continue its bear run.
Very clearly on the Weekly time frame, the Gold price is already below the cloud Ichimoku Kinko Hyo (Red), below the Supply Zone and this all indicates a strong decline, coupled with the RSI indicator which shows a decline as well. And my estimate Gold will continue to decline in the medium to long term.
The position of Gold is currently below the Weekly and 1 hour Supply Zone, and the projections will start to decline.
In some time, Gold will consolidate first, touch at 1754-1755, and after that it will go higher. Targeted profit at the price of 2065 (1.618 Fib Extension). Note: Please keep in mind that no one guarantees the analysis will be 100% as expected. It all comes back to your own analysis, money management and risk management.
From this analysis chart, it can be seen that there is a small correction of BTC . Jump into the market if the price has touched 36025 , and then buy with a profit target of 42180 (max) within the weekly top. Note: Please keep in mind that no one guarantees the analysis will be 100% as expected. It all comes back to your own analysis, money management and...
There have been rejections at the price of 1815 several times (light blue line), and my projection for Gold will fall to touch the price of 1766-1767. Note: Please keep in mind that no one guarantees the analysis will be 100% as expected. It all comes back to your own analysis, money management and risk management.
Next week, there is a possibility that Gold will have a correction first towards the price of 1780 (maximum), with the Fibonacci retracement at the level of 50% (more or less), and previously it will start touching 1821 before falling. Note: Please keep in mind that no one guarantees the analysis will be 100% as expected. It all comes back to your own analysis,...
It can be seen from the daily time frame chart that I show, AUDUSD has corrected at the 50% Fib ratio level, also in the strong demand zone at 0.74100, and has been followed through the oversold level 2 times (RSI indicator). Medium to long term targets, target 1 —> 0.83417 & target 2 —> 0.89213.