GOLD is in an ascending channel between the trend lines. The price has already reached the lower boundary of the channel. The chart is forming a descending structure and is holding under the 50% retracement level. We expect the decline to continue. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
Lesson 15 Methodology; 1.Support Level 2. Largest Down wave after a while (Buyers possible entering) 3. Placed AVWAP and wait to cross upwards and pullback 4. Enter on Plutus signal Long in this case PL
As we mentioned that before major daily support which was 92K$ break and also double top formed also red trendline which is now strong resistance is dumping price once again so soon price can fall more and hit targets like 80K$ and 75K$ and less. DISCLAIMER: ((trade based on your own decision))
As we can see two major possible resistance here now can dump price to the 2800$ support in next weeks because market need some rest and range here for a while unless the war starts. DISCLAIMER: ((trade based on your own decision))
As we can see two major daily supports now are ahead: A. 0.135$ B. 0.090$ We are looking for rise and pump from these supports so we set our buy pending and still watching chart also remember because of breakout to the upside here pump may start sooner. DISCLAIMER: ((trade based on your own decision))
We are looking for buy on this chart but price here near 10$ is not that much interesting and i think it can dump more and be range near 5$ for a months and then start of rise so one of the best buy zone for me would be after next phase of dump. DISCLAIMER: ((trade based on your own decision))
Based on 4h frame it's on the lower edge of down trend. So it have a little chance to move up for few hours but knowing that today have 2 major events NFP and fed chairperson speak so it's better to avoid this day or at least wait till these events ends.
Stocks had their worst one day drop in 4 years - and Bitcoin actually printed a green candle, showing incredible relative strength. On a day where tech dropped over 5%, you would have expected a 10%+ drop from Bitcoin, but it did not happen. Is Bitcoin finally decoupling? As for the technicals… Bitcoin continues to coil tightly inside a large symmetrical triangle on the daily chart, printing higher lows and lower highs as volatility compresses. After a strong rejection from both the 50-day and 200-day moving averages earlier this week, price found support once again on the ascending trendline – buyers are clearly defending that level. Volume has remained muted during this consolidation, which is typical for a pattern like this. But remember: triangles are neutral until they break. This setup is approaching its apex, meaning a decisive move is likely coming soon. Watch for a break above $88,000 to signal a potential bullish breakout – or a drop below the rising trendline to flip the script. Until then, it’s all about patience.
Qtum has formed a rectangle in weekly time period. Whenever it reachs the bottom, always turned back to gather upside liquidty till now. The other interesting thing is, when Qtum first went upwards for liquidty, it took over 2 years to gather all remaining short liqudations. When it did again, it took less than a year. So the scale of time for gathering liquidty is squezing. If Qtum can stay above the bottom of the rectangle, I believe there is a chance for %160 profit in long term. There is not even need for a leverage. -%20 down here means that this coin is set for going hell and no way for recover. But, there is %160 profit chance. The question is, are you willing to take that risk? Cause I will. Thanks for reading.
EMA 50 Looks good and Head and shoulder waiting for restest to enrty