Profx001

Profx001

#BTC/USDT - (1W CHART) Technical Analysis Update Bitcoin has recently formed a well-defined cup and handle pattern, with the price currently in the final stage of the handle. A recent market dip, fueled by recession fears, briefly pushed Bitcoin's price below $50,000. However, it quickly rebounded and is now trading at around $59,000. If this reversal trend...

Profx001

#Bitcoin is showing a strong recovery from its support trendline, but it encounters resistance from the Ichimoku cloud, indicating ongoing bearish momentum. To confirm a bullish outlook, we need to see a breakout above the Ichimoku cloud and the horizontal supply zone. This breakout would suggest a potential shift in market sentiment, setting the stage for...

Profx001

In accordance with our predictions, we are now inclined to adopt an optimistic outlook towards achieving a growth of 73000.

Profx001

BTC OUTLOOK Price Movement Analysis: The recent price action aligns with our previous forecast. The following scenarios outline potential price movements for Bitcoin (BTC). Bullish Scenario: Sustained price levels above 64000 are indicative of a continuation of the bullish trend, with upward targets at 71000 and 75000. In the event of a pullback, a retest down...

Profx001

Just as predicted Per our forecast, we currently hold a bearish outlook on GOLD.

Profx001

GBPUSD - OUTLOOK 🕯The price has firmly settled in the bearish zone, consistently remaining below 1.28633. Accordingly, the target is confidently set at 1.26169. ➡️Bearish Scenario: As the price continues to trade below 1.28633, a continued descent to 1.26169 is anticipated. A further decline below this level could propel the price to 1.23200. ➡️Bullish...

Profx001

GBPUSD - OUTLOOK 🕯The price has firmly settled in the bearish zone, consistently remaining below 1.28633. Accordingly, the target is confidently set at 1.26169. ➡️Bearish Scenario: As the price continues to trade below 1.28633, a continued descent to 1.26169 is anticipated. A further decline below this level could propel the price to 1.23200. ➡️Bullish...

Profx001

Bitcoin surged to a crucial level and there are signals of an upcoming reversal! The cryptocurrency market made a strong recovery today, with Bitcoin climbing by 3% to reach the $60,000 mark. The rebound was widespread, with Solana, Filecoin, and Avalanche leading the gains in crypto market caps. Marcus Thelen, founder of 10X Research, stated that Bitcoin may...

Profx001

GBPUSD - OUTLOOK ➡️Bearish Scenario: As long as the price remains below 1.28632, it is anticipated to drop to 1.26165. A further decline below this level could see the price reaching 1.23177. ➡️Bullish Scenario: For a shift to a bullish trend, the price must reverse and stabilize above 1.29000, potentially targeting 1.30500. 💠Tendency: Bearish trend In summary,...

Profx001

Sell Limit @ 1.77302 TP 1.76851 SL 1.77564 BUY Limit @ 1.75465 SL 1.75150 TP 1.79500

Profx001

Expecting a drop to 1.14167 Full details on my chart

Profx001

It is crucial to keep a close watch on the 56K level in this 1D chart, as it holds significant importance in the long-term bullish outlook. The super trend point of invalidation rests at 56K, making it a critical level to maintain. A 1-day candle close below 56K could potentially signal a bearish reversal, similar to the pattern observed in December 2021. It is...

Profx001

- The EURUSD Outlook: Trend Analysis: The daily chart clearly indicates a persistent downtrend with stable bearish volume, suggesting unwavering bearish momentum. Recent price action reaffirms the continued downward movement, underscoring ongoing selling pressure. Current Outlook: As long as the price remains below 1.08856, the expectation is for the bearish...

Profx001

GBPUSD - OUTLOOK Bearish Scenario: Confidently expect a continued downward trend as long as the price remains below 1.28620, with a projected decline to 1.26175. Further downward movement below this level may lead to the price reaching 1.24679. Bullish Scenario: In order to signal a shift to a bullish trend, the price must decisively surpass and maintain...

Profx001

BTC UPDATE BTC closed the daily trading period at $58,216, slightly below the established resistance level. It is important to note that a 20-30% decline is considered typical within a bullish market. Effectively managing these downturns may pave the way for a significant upsurge shortly. It is vital, however, to overcome the crucial resistance levels at $58,300...

Profx001

Please remember the following information about the gold outlook: Bearish Scenario: As long as the price stays below 2423, the bearish trend is likely to persist, with targets at 2275 and potentially 2170. Bullish Scenario: A daily candle closing above 2454 will signal a potential move for gold to reach a new all-time high. Key Levels: - Resistance Levels:...

Profx001

Expecting a pump on btcusd But the overall trend is down . Take profit 63k and a massive drop to 53k is expected