Hey Everyone, Please see our updated 1h chart levels and targets for the coming week. We are seeing price between two weighted levels. We have 2663 Goldturn resistance and 2654, as Goldturn support. We currently have a gap above on market open at 2663 and below at 2654 and will need ema5 cross and lock on either weighted level to determine the next range. We...
There was a very accurate pattern that revolved around Bitcoin's halving event where we would see massive growth after the halving. Cyclical patterns are valid and true until they are not. The halving pattern is now in question because the market is no longer the same. Some people are still following this pattern, this old map, but the pattern broke even before...
Currently, the price of gold is hovering around **$2656.99**. Recently, gold has seen a slight increase, driven by several factors such as inflation concerns, recent CPI and PPI reports, and geopolitical tensions. Key Influencing Factors: 1. Persistent Inflation: Recent CPI and PPI reports show that inflation remains slightly above expectations, keeping gold...
OANDA:XAUUSD market pulled back and tested the psychological level of 2600, but it quickly bounced back, regaining strength and forming a long-tailed bar on the weekly chart. This suggests the potential for continued upward movement. The buying pressure demonstrates that gold remains attractive to bulls, supported by central bank and ongoing geopolitical concerns...
Hey Everyone, Please see update on our weekly chart idea that we have been tracking and trading over the last 3 weeks. Last week we stated that we have a detachment to ema5 below, also inline with the channel top for a possible re-test for a correction and that we had some of this correction but not the full attachment to ema5. - This correction was now...
Hey Everyone, Please see our updated 4h chart levels and targets for the coming week. We are seeing price between two weighted levels. We have 2669 Goldturn resistance and 2640, as Goldturn support. We currently have a gap above on market open at 2669 and below at 2640 and will need ema5 cross and lock on either weighted level to determine the next range. We...
Hello traders, I want share with you my opinion about Bitcoin. By observing the chart, we can see that the price some days ago entered to wedge, where it at once rebounded from the resistance line and fell to the support line, breaking the support level. After this movement, BTC started to grow and soon reached 57600, which coincided with the support area, broke...
Hey Everyone, Please see update on our daily chart idea that we have been tracking for a while with the updated retracement and swing range. Last week we highlighted our long range gap above at 2690, as we had ema5 cross and lock above 2645 opening 2690. We also stated that the daily chart averages are lagging so sometimes gaps get filled before ema5...
As I had expected in the ✅ previous post ✅, Bitcoin started to pump after a Bear Trap . Bitcoin is currently moving in the Resistance zone($63,470-$62,340) and near the upper line of the Descending Channel , and 200_SMA(Daily) . I expect Bitcoin to drop to at least the Support zone($61,840-$61,450) . ⚠️Note: The probability of forming a Bull Trap...
THE KOG REPORT: In last week’s KOG Report we said we would be looking for price to push up and look for a reaction above, this came earlier than expected but we got the move as anticipated down into the lower regions completing KOG’s bias of the week and day. It’s at that lower level we got the perfect tap and bounce giving the long trade back upside allowing us...
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Recently price traded inside flat, where it declined to resistance area, which coincided with $1.1125 resistance level. Next, price bounced and tried to grow, but failed and started to decline inside falling channel, exiting from flat. In channel, EUR broke...
Bitcoin produced a small and short two days bounce and once more, like clockwork, finds resistance at MA200... Bearish bias confirmed. Good Sunday my fellow Cryptocurrency trader, how are you feeling today? What is happening? What is happening with the chart? What is happening with the market? What is happening with Bitcoin? What is happening is the...
Bitcoin continues to respect the support/resistance levels within the broader consolidation. These price areas have been relevant for months and will continue to be relevant UNTIL the market proves otherwise. To navigate this environment effectively requires the ability to anticipate price behavior at these key levels, confirm a reversal AND quantify the risk...
As I mentioned in my previous analysis, Bitcoin experienced a good rise after breaking out of the wedge and is now near the top of the megaphone. Currently, it is in an ascending triangle, but we can't be sure about it yet. Additionally, on the MACD, we have a hidden bullish divergence, which alone is a bullish signal. previous analysis ✨We spend hours...
hello guys. let's dive into Dogs analysis! Head and Shoulders Formation: A classic head-and-shoulders pattern formed at the top of this recent rally, indicating a potential trend reversal. Broken Ascending Channel: The price recently broke out of a minor ascending channel, further reinforcing the likelihood of a bearish continuation. Support Zones: The...
price is in the weekly range next in the other range. COT for the GBP is bullish and for the JPY also Im a buyer, but would like to see the liquidity trap first. Otherwise, I stay off. I will be looking to position myself with my students and followers as highlighted on the chart if we get the confirmation. Accumulation / Manipulation / Distribution - No...
Hi folks today I'm prepared for you Gold analytics. Some days ago price declined to support 2, which coincided with the support zone, and some time traded near this level, even falling to the support zone. Later XAU dropped to the trend line and then started to grow inside the pennant pattern, where it rebounded from the support zone and rose to support 1, which...
Imagine Bitcoin at $100,000 or $120,000. Say, Bitcoin starts growing now and by November 15 reaches a prices tag of $118,000, what now? In just two months Bitcoin moved from $42,000 to $74,000. After reaching $74,000 Bitcoin has been sideways with a downward bent now for 7 months, since 14-March. Exactly 7 months. Bitcoin hit a low in June 2022. It went below...