After CPI report released 2 days ago, we saw a crazy bearish move on gold and apparently selling pressure seems to be dieing down by the minute as we speak now.we are presently at a strong support zone of which past record shows bullish move occured repeatedly around this zone. hence we are yet again well suited for another pump on gold.
GBPCHF has been selling for quite some time now . observe how previouse support zones quickly became new resistant zones . we are expecting a trend change any time soon and buyers to take over. i won't be too quick to buy now. Rather i'll go in on bullish confirmation as indicated on the chart
eth harmonic channel suggest bullish continuation to the 2k zone is very achievable
www.tradingview.com BTC is currently consolidating this perfect bullish flag after the price made rejection around the 24k zone The price now sits at a weak suppot level. bulls are expected to defend this area so the bullish flag can perfectly pay with a tp ar the 26k zone. should in case bulls fail to come in , we should see a trend continuation to 20k
As per our last analysis, btc has broken out of the anticipated buy zone identified. this means assuming fear and panic keeps increasing in the market btc might touch 30k before buying. I WON'T try selling now as we are at a push phase in the market.i'll rather add more buy positions and or wait
dot is back to our last identified buy zone. you can use the partial profits booked to rebuy
the BTC market exhibits extreme fear which gives room for more sells coming. WE need a bullish trigger for trend to change. without that , down it goes
this short video explains how I arrived to the conclusion from technical perspective that the bearish market is not yet over. Let me get your thoughts in the comment section. I want to know what you think. thanks
www.tradingview.com SNS has consolidated to its original support and resistance trendline since Dec 2020, historical analysis suggest that a break out of this pattern will lead to a pump in price per SNX to around the $30 area. The current price if snx is 6.134. a pump to $30 will give and over 400% profits.IT MIGHT AS WELL PUMP TO $60 WE NEVER KNOW
www.tradingview.com GBPUSD is seen approaching a very strong support zone which hasn't been tested since Nov 2020. it obvious how tension in Ukraine and Russia has greatly affected pound. we should see a market correction any time soon withdrawal of troops commence
www.tradingview.com [/url as you can see form our chart, BTC has been gain all the attention with respect to eth. I think its a good time to scalp buy
as you can see from my identified descending trendline channel for ETNBTC , we are in an important key level any any break in price above the black line will indicate a strong bullish continuation will follow. see you at the top TP1 0.071467 btc per eth tp2 0.076 btc per eth tp3 0.088 btc per eth
ETN BTC IS AT A CRITICAL POINT FOR ANOTHER SPIKE.As you can see the identified previouse spikes from chart has always given a minimum of 50% rise. see you at the top
www.tradingview.com this is a continuation of my previous opinion on btc pattern analysis. bearish forecast anticipated
Russia Ukraine Conflict has made many traders resulting in buying gold tremendously. Today Ukrainian Armed Forces Fire Mortar Shells, Grenades on 4 LPR Localities which led to yet another spike in the value of this yellow metal. Right now we need to pay attention to Russia's response. But looking at technical data , our analysis suggest a pullback will be eminent...
Even though BTC looks bullish due to the recent correction up, my identified pattern suggests the bearish run down isn't over yet www.tradingview.com . unless there is a breakout of the price of BTC above $47500, the next bearish run down of btc will likely touch 29k. The best decision at this point is to either reduce your trading volume or exit