hectordsd

hectordsd

The Gold party is still healty? 15 days are left for this 3M session to close and still has not found Its ATH high. lets see where this candle close. Taking a look at this giant timeframe trying to give some insightful notations. The big bullflag breakout has been impressive, since it broke the last all time high in Friday 07 August 20' at $2,075 price has not...

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Considering the history of this chart after 2017, there has been only four swing patterns called higher low. Is 49,050 the fifth? I will be monitoring this pattern using lower time frames to find clues. Using this 3M timeframe, we can only expect price to remain above this low swingpoint (49,050) for the rest of the year. Prices below the current session low...

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A daily lower high at 58,120 has been found by the current session by reaching a lower price compared to the previous session, starting daily consolidation. After bouncing from levels not seen since 30 days ago (52,530) the price has managed to retrace significantly (between 61 and 78 fib) giving bulls confidence for a possible daily uptrend. Looks like a weekly...

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It looks like this chart is about to make new all time highs. Price has failed to make new highs since 2531 but still looking healthy and the weekly retracement above 38% favors the bulls but after trying 2 times to break resistance, a false breakout is possible. The possible weekly higher low at 2472 looks solid and further consolidation seems unlikely with...

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Can this daily downtrend continue? Today, a daily downtrend was confirmed by todays close below previous swing low. Answering this question is difficult because support was broken with a tiny margin. There is plenty of room for bulls in the weekly timeframe, with the fast ema still above price which could act as support for a possible weekly higher low. If...

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Price abruptly started weekly consolidation after failing the bull flag. I expect the price to continue bouncing until we find a daily lower high. For the bounce to start, surpassing the previous day high at 5,487 is a must. Can we hold the last week low at 5,386? otherwise weekly consolidation will continue.

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15m downtrend

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Possible 1D descending channel.

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Possible bear break of 1h bull flag. The price is rejecting the top of a possible daily descending channel.

hectordsd Updated 

Bulls hopes on a 1D higher low Considering that the fast ema is above the slow ema I think its the most possible scenario in the short term. Closes below recent supports would negate this idea.

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trend continuation

hectordsd

Soporte 1 en 0.6425 para continuación posible de tendencia lateral. Proyeccion de cambio de tendencia hasta 0.6200