1. Entry Point: Level: Identify a strong resistance level or supply zone where the price has previously reversed. This could be a point where there’s significant selling pressure. Confirmation: Wait for confirmation, such as a bearish candlestick pattern (e.g., shooting star, engulfing pattern) or a reversal signal on a lower time frame (e.g., 1H or 4H chart)...
Golden Divergence: Exploring the Shifts in Gold Markets
Understanding the Technical Signal: The short signal from 2200 to 2150 suggests a potential decline in the price of gold within this specified range. Traders and technical analysts often rely on various indicators, trendlines, and historical patterns to identify potential entry and exit points. In this case, the signal indicates an anticipated downward movement in...
waiting MACD confirm, It will drop down to 2006 even fall more below 2000 but finally it will close around 2040-2050 by the end of the week.
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BITFINEX:BTCUSD Buy cheap, buy strong, hold'em long.
Bitcoin has dropped to its lowest level since February as the collapse in the world’s largest digital currency accelerates Read more : bloom.bg
This buy signal is based on a bullish divergence.