ProTradingPoint

ProTradingPoint

WELL, after a long time. Gold was unable to hold resistance 1875-77 and fall down to support 1848 it bounce from there upto 1760 and now expected to go way down to next support 1834 and still expected to go down... Put your order now and have some good profits. Good luck. Like our idea, comment, share and follow

ProTradingPoint

Dogecoin has taken a great move it was moving in a parallel channel and today it break and went to resistance 0.265-0.27 Price is above 200MA shows market is bullish. Just wait for daily candle closing and if price is above 0.27 it will move to above resistance otherwise it will come to support, parallel channel. Buy at support 0.2250 or at 0.272 (recommended...

ProTradingPoint

Gold was strong bullish on 14th of Oct due to fcmo. It just crossed strong resistance and went upto 1800 and now it has came back to 1757 support. 1 Day timeframe it has formed a parallel channel and now according to that it should move above to 1809-15 and then push back down to 1757 and below. 50 MA is going to cross 200MA, it is also a sign of a bullish...

ProTradingPoint

BTC was unable to reach out target 59,500 and fall back down due to high sell pressure. Now it has fallen back to it’s previous consolidation zone. It is good as the price is consolidated, btc.dominance will fall and altcoin will rise. This weekend we should see price to 59,500 next resistance. FOLLOW, LIKE, COMMENT

ProTradingPoint

GOLD is struggling hard to break the support 1752. Based on my previous analysis it was going well on Friday 8th oct it showed rejection form 1780-85. Now there are 2 possibility for you all to open sell order. When price strike to above resistance 1780-85 OR goes below 1750. Still main trend is down so we are not going to place any buy order. Our target is...

ProTradingPoint

Recently you may have noticed while BTC price is surging, but altcoins have remained stagnant. The reason behind this can be found by looking at the Bitcoin dominance chart. The simple theory is Bitcoin dominance down altcoin go up Bitcoin dominance up altcoins go down I treat this chart like every other, as it always indicates when an altcoin season is more...

ProTradingPoint

I take this for long time because it's going to take time for breakout support. Once it touch to 1780-85 then it should reflect till that time we are not opening any order. Here scenario is bearish and we all need a best point to place order. Have patience’s don’t be hurry good time is yet to come. Remember one thing we are not going to place BUY order, next...

ProTradingPoint

ETC is consolidated at 50 and 55, now according to me it should move to 60 and further above. Double top has formed at 74-77, we might see another fall form that point by this month. You can buy when price moves up and daily candle closes above 54. Like out idea, comment and follow

ProTradingPoint

Bitcoin is moving good to it's target. As you all know that weekend are also called hai volatile and might be we achieve our target this weekend or berfore. Based on pervious analysis.

ProTradingPoint

It's another fall SETUP for GOLD Well this time it will move more down 1715, but before that it should touch resistance of 1772 and 1775. It will be good to place order blow 1770. Price shouldn't go above 1782, this will change the flow. Look at 4H chart and see for strong chandle that make sense. Our target is 1715 and 1668. If you like this just follow and...

ProTradingPoint

As you know Cryptocurrency is Train and Bitcoin is engine of that train, as it moves all other altcoin move accordingly. Sol was trading between 127(support) and 151(resistance), 20MA is above 50MA and it’s approaching to cross 200MA which shows sign of strong uptrend. Without doing retest price is moved up is good sign of further up movement and now it should...

ProTradingPoint

Great move of bitcoin to 48,300 after breaking descending triangle and retest, which was formed from 22nd Sep to 30th Sep. Now price is consolidated at price of 47,300 and 48,300, no I accept it to move further to 51,300 strong resistance. Technically here 20MA has crossed 50MA and 50MA is below 200MA which shows strong trend is still bearish. There will be a...

ProTradingPoint

As per previous analysis BTC performed blamelessly. There is a clear view of a descending triangle formed in chart and according to me if price moves through it then we may see a good fall in price further. Also above at price of 44.2k – 44.8k there is a strong resistance, even if price touches there then to we can see a good price dump if there is a no good...

ProTradingPoint

Since I have shared all about GOLD. It's main trend is down and still moving down, so you have to just follow a simple logic that price will go up and fall back, just see candlestick where it's forming a strong signal towards down just pull your trade. Still there is no such mark of uptrend in news or anywhere. I think it will take inverse in next month or...

ProTradingPoint

Bitcoin on it's high rally didn't continued and took reversal from 52,800 due to bitcoin adoption in El Salvador and now its moving on 42,200. Market tried to catch up price but due to aspects of El Salvador bitcoin adoption and now FUD like china against BTC. It is yet not clear tends to further fall in price tp 38,000 as china enforce on bitcoin. The market...

ProTradingPoint

Yesterday I missed to update. But it really took a good move as based on all previous analysis. It breached down to channel support 1736 yesterday, and now psychologically next level is 1717. Before that I am sure it will test 1767 resistance. If it moves ahead to 1882 - 1885 then it is a trend changing zone and price may go up further. Now our next target is...

ProTradingPoint

Gold vs. the US Dollar Today, while governments maintain hoards of this yellow metal, none uses it to back their paper money. Gold is usually denominated in U.S. dollars. Therefore, there is a relationship between the price of gold and the dollar, in that there can be an effect on gold prices as the value of the dollar rises and falls. While the relationship...

ProTradingPoint Updated 

As yesterday I gave update on GOLD that it is moving sideway and will have a strong move in middle of this week, might be tomorrow or day after tomorrow. Till that time a short sell setup has there where you can make a good profit. Although GOLD went high move 1766.91 in sideway. Place your order according to your risk. If it moves above 1768 then we may see...