Here is the both side of story market may show, 93,000-91,800 is the most important support level here... Not lets see if market breaks it or respects it.
Here i can see 91,800 as a strong Support level, if market breaks it, support level will work as a Neck line of H&S structure and after the clear retest of 91,800 market may show 73,000.
Here i can see the formation of corrective wave after an impulsive wave. BTC may restest its support level that's 76,000
This time BTC is little confusing... It has to complete its weekly bull flag pattern target, but now its performing bearish flag pattern on 4hr chart. This thows that soon BTC will come to retest its support level of 72,000. Right now there are two possiblity that it can break the channel or it will continue the channel.
If BTC respects its 95,000-92,500 area which is its resistance area then it may perform double top pattern. 1st Tp:85,000 2nd Tp: 81,500 3rd Tp: 76,800 4th Tp: 73,200 Stop Loss will be at 94,500
If BTC break its support level (89,800) it may perform double top tactically. If it perform double top then it's targets will be: 1st Tp: 81,800 2nd Tp: 77,000 3rd Tp: 72,800
As highlighted in last "Idea" This candle looks good for long position.
This may look positive, but the time is really sensitive, current situation of Market depends on current weekly candle.
This may looks positive, but little risky. Halving may help in a positive way, Current Weekly Candle is very much Important to predict the next move of market.
If don't respect its support, we may see a huge crash again, but if it respected this support which is “65,500-60,000". it may show us a new or GREAT high. (Halving may Help)
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1 weekly view of XAU/USD reversal trend has been started as i hilighted the support levels, that wil help you..
if closes over 1.505, its long.... BINANCE:C98USDT