Reasons I believe BTC/USDT will go up to 53.000 in today or next few days.
1. BTC/USDT is forming an expanding triangle with higher and higher top which indicate that the price is under pressure to bump.
2. The Key lever for Bullising is ranging from 48.500 - 49.100 (previous top) and already breakout to 49.500 yesterday and also retest again to increase.
Please...
DXY was getting out of last week with @ 92.890 and there are high possibility that it will go up even higher in mid-term thanks to
their positive economic performance recently as well as Delta Covid that makes investor keep USD. The news this week also expect to be positive which indicate the USD will rise even more.
If you're looking into the price chart, the 2...
After reaching the majoy Resistance level at 1.42000 and form a 3 bottoms, 3 tops model in 1W chart below, The model was expected to sideway and retest the 1.42000 level:
If we're looking at 4H or 1D chart, the price is also having the great potential to form a H&S model
Another deeper look at USD , the currency finish last week with 92.890 (higher than last...
XAUUSD has reached the Support level in the Fan chart since its lowest bottom. It is also form a Triangle Wedge stock in 1D model with a half H&S Model.
There are lots of signal showing that XAUUSD will Bull after this.
FOREXCOM:XAUUSD
GBPUSD today is forming a Cup and Handle model, which is projected to break the Resistance area 1.39000 and will be come the Support area. Then GU is expected to bear at 1.40000.
Looking at the 1D chart. GU already formed a 2 bottoms model and it is restesting at 1.39000 with a Cup and Handle Model, hence the posibility of Bulling is really high.
Looking at DXY...
GDPUSD - forming a trendline downward with a triple bottoms model (not break out) in 1M and triangle in short term.
It is expected for GDPUSD to break the Support @ 1.376xx to go even lower at 1.37000 (Sell Zone). Then, GDP USD is expected to reach the next bottom of the triple bottoms modela dn go back.
I am not sure what indicator I put next to decide this is...
