PersaGold

PersaGold

As illustrated, Im trying to visualize what could have been a bear trap. Price actually consolidated at the ATH level, instead of selling off like it has done in the past when liquidating massively... That behavior goes against "usual" patterns of selling, which leads me to believe that the obvious won't be that easy. Until the market proofs otherwise, I...

PersaGold

As illustrated, Im trying to visualize a falling wedge pattern into the 50% retracement of Monday's impulsive push, for what could be a potential buy point to continue the uptrend. Nothing to get fancy about. This is just a chart analysis based on a potential corrective pattern that could take place within the next 24 hours and into tomorrow's NY session. It...

PersaGold

As illustrated, I'm trying to visualize a potential rebound off of the 100SMA that matches the resistance line of what looks to be an ascending triangle that has been broken and retested. Price is showing support at such line that happens to overlap with the 100SMA. I might be "wanting to see" bullishness in the market, but you be the judge of these...

PersaGold

As illustrated, Im visualizing the continuation impulsive move, where price respects SYDNEY'S range as a PIVOT AREA for entry to a new expansive cycle. 1H candles must respect the major support where market has grabbed liquidity. And also close bullish with strength during ASIA's session, indicating their intentions of buying. London would and should follow...

PersaGold

As illustrated, im trying to visualize a bullish classic buy day, where price manipulates under consolidation area that is formed during SYDNEY . The manipulation should occur between 02:00 AM and 03:00 AM NY , during ASIA'S algorithmic price delivery macros. Should there be a "V" SHAPE formed between that time window , that would indicate that a...

PersaGold

As illustrated, I'm trying yo visualize the first couple of weeks of FEB. If things go according to plan, the market should hold its uptrend as it has shown in a healthy and appropriate manner; in other words, respecting key pivot areas, major trendline, demand areas, and so on. The market structure we are seeing, brings back memories of last year's SEP + OCT...

PersaGold

As illustrated, I'm visualizing what could be the breakout of a symmetrical triangle. Because this structure formed above key pivot areas and psychological price level of $100K, there is reasons to believe it indicates a healthy and adequate uptrend, being such pattern a continuation with a potential new bullish impulse that could drive price to new ATH at...

PersaGold

As illustrated, I'm trying to visualize a potential path to ATHs between $4.250 and $4.400 price range. Once there, we could see a sell-off of short term traders liquidating their long positions near the $4.500 psychological price level + long term holders closing a small amount of their profits to secure some cash. That being said, keep an eye for a...

PersaGold

As illustrated, I'm trying to visualize the possible outcome for the next couple of days. Anything could happen, but the more "obvious" sentiment is bullish to "very" bullish. The targets of $110,000 - $120,000 are very realistic within just a few hours into Trump's inauguration. Now, one must expect anything during the most volatile conditions, and a...

PersaGold

As illustrated, im visualizing what could be an AB=CD Pattern as a continuation structure. We saw a strong bullish weekly candle that shows momentum and strength to the upside, and this might be our clue. Keep in mind inflation data is likely to come in hot during JAN, which might lead the yellow metal to re-test its ATH within the next couple of weeks....

PersaGold

As illustrated, im visualizing price to fall after showing rejection just below the psychological price o 2680. Let's see how far it could during CPI news tomorrow WED 15. -- GOOD LUCK!

PersaGold

As illustrated, we see a strong bullish 1D candle break-out of the bullish pattern (consolidation phase), which could indicate the start of the continuation impulse to the upside to re-test previous highs and potentially breaking to create ATHs. Target area: AB = CD: It is calculated based on the measurement of the first bullish impulse; meaning it...

PersaGold

Happy New Year to all of you! :) As illustrated, we can see BTC hanging on the edge of a cliff. Apparently , Black Rock and other financial institutions involved are manipulating price; however, that's only rumors until a major media source proves otherwise. Technically speaking , the key support area is the $90,000 - $91,000 price range where we've seen...

PersaGold

As illustrated, we see price looking to dance with the 100SMA line in the 4H timeframe. Should price close above it, it would have to hold as support in order to maintain the uptrend and make this a potential continuation impulse to break ATH. It is key to see price hold at or above the 100SMA in order for this idea to be valid, and if it retraces back...

PersaGold

As illustrated, I am trying to visualize what COULD be an inverted head & shoulders pattern, THAT HAS NOT BEEN FORMED YET! I REPEAT: IT HAS NOT BEEN FORMED YET The only reason I share this idea, is because tomorrow, WED 18th, the FED has to decide for the last time this year if to lower rates or keep them at 4.75% basis points. Should the FED decide to ...

PersaGold

As illustrated, price has respected the HODL area after breaking out of the bullish flag. BTC's break to ATH has helped the general uptrend in the industry, and XRP continues to follow. It was necessary to have had an accumulation phase the last couple of weeks. It comes to show that the market just made a stop in the uptrend. Unless there's a break to the...

PersaGold

As illustrated, market has grabbed liquidity above a mid-term high just above $2720. The market is selling all of that liquidity toward the lower side of the internal range, where there is a lot of sell-side liquidity below $2612 (near $2600) and below $2580 (near $2570 in extension). Should those areas hold as support, the yellow metal should see a strong...

PersaGold

As illustrated, the potential move of the flag's breakout. AB = CD (first impulse distance = continuation impulse distance). Should the HODL area hold the front line of battle, XRP could be on its way to ATHs near the $4.500 price range. Should the crypto industry continue to get to the hands of more and more people, and more governments and businesses adopt...