Bitcoin flies to the 72/000 channel Baa falls $ 8000The weekend market will be positive and with a jump again to the channel 64/000 then to 72/000 and 78/000.
This is the last conquest of the peak, after which the unprecedented fall will begin
I repeat, take advantage of the best time and get out of the market before it is too late
The fall to the 8000 channel on May 25, 2021 will be inevitable and after that I will not leave any analysis for the next 4 years .
Analytics
This is my price prediction for Gold.Gold and USD get week and strengthened together in the same direction these days, that's why the consolidation occurs.
beside technical analytics, when Bitcoin goes down, Gold gets a chance to blast and absorbs the assets.
Cryptos and altcoins have become an alternation as an investment for Gold.
Personally, when Cryptos go down, I never sell and I wait for the next bull run. in that period of time I focus on Forex.
How much Bitcoin is going to fall down?According to the Fibo levels and the support line that I have draw on this chart already as you can see, the next support level would be around 43000 area for BTC.
therefor I will look for a weekly candlestick pattern as a reversal signal to buy Bitcoin in that zone. you can also see the same pattern in weekly timeframe in my analytics that has caused the fall.
Stay safe.
Mastech Digital on board Its moving averages of 63, 126 and 252 periods have been closing.
It has strong support around $ 15.
It has resistance around $ 20.
It comes closing a triangle (bullish).
The long-term trend remains bullish.
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AMEX:MHH
SNOW over 293.19Elliott Wave analysis here indicates this will put in the third and most powerful impulsive wave soon with a first conservative target above. Count is invalidated below 279.10. Note that the projection here is the price level and the time this price is reached is not an exact part of the projection here.
The upward trend continuesDespite the recent fairly strong correction, the price is starting to move in an upward direction again. On a large timeframe, you can see how the price failed to overcome the main support zone and retested this accumulation zone. Buyer activity has also recovered again on the 1W timeframe. The picture looks good for continued growth. Therefore, in the coming weeks, the probability of continuing the uptrend is high.
The trend is still upwardAt the moment, the price is moving within the ascending channel and testing its lower border, where it is likely to show growth. The trend is still upward and there are no signs of a reversal. I will consider the bearish scenario only when the price exits and fixes under the ascending channel at an increased volume, but for now the ascending movement is in priority.
Possible false exit from the ascending channelOn the 1D timeframe, the recent downward movement can be considered as a false breakout of the ascending channel. The local picture is also quite bullish now, on the 4H timeframe. formed an inversed Head and Shoulders. Therefore, at the moment, while the price is within the boundaries of the ascending channel, an upward movement is most likely.
Price tests the main levelUnder the previous idea I wrote about the fact that the price is more likely to continue the upward movement. Now a bullish pennant has formed on the 4 o'clock timeframe, which confirms the bullish mood. Therefore, in the near future, we are likely to see another upward momentum.
The price goes upOn the 1D timeframe, an upward squeeze is formed, and a triangle with a flat top is formed. My priority is the upward movement as long as the price is kept within the triangle. If the price on the 1D timeframe is fixed below the lower border of the triangle, this will be a signal for correction, but for now the priority is ascending.