Gold its on cycle turnDear traders.
After 5 years of the cycle , Now it's time to repeat the cycle in the 6th year. Supply gold against demand on better price.
From the formation of their angles and collision with the 6 year cycle, it can be concluded that gold would return back from the 1237 range.
On December 12, 2018 , a better price could be bullish. So, based on this analysis, the range of buy is around 1160~1180 .
Here, more details are available on the latest wave...
Have a good day,
Pooya Salehipour
Cycleofpower
Bitcoin Daily - Inverse H&S + signs of reversal? [BTFD]lots going on with this chart so please ask questions, this was a new personal chart and] im happy to start sharing....
As in previous charts on bitcoin we got above 6600 and 6800 which is looking to be support now, these are key levels for bulls to take control
pretty obvious inverse H&S with the right shoulder about to form meeting the grey 55MA line after support from the 500MA from the previous day
Was hoping to get a green bar on the Vix Fix indicator this may come in the next few days if we get some momentum and solid buying over 6800+
Also with the new LT CoP indicator, we want to see it the purple line go grey and move up into the green bullish area
gann fan levels if broken up, we go into the 3/1 area and targeting the red trendline for targets.
Bitcoin's Bear and Bull Fight 10th July 2018 [BTFD]Quick fib levels for retracement on the 4hr chart
So far in the FREE Telegram chart we have got bitcoins direction and levels almost with 100% accuracy, thanks to Tom, Tech, Trassos and Stefano all helping being a guiding light to many traders over the course of 2018 and before, we got big things planned for this year so sign up at the website www.buythefuckingdips.com
We have a new indicator called "Cycle of Power" and will do a video on this soon, currently with this snapshot its in the red showing us the bear situation and needs to come up into the green before we make any longs or bullish moves, lets see how it gets on in this timeframe
After numerous squeezes creating some ranging volume gave some good plays
BTC bounced at the 50% fib level and expecting to come down to test further low levels from june and poss april
It does not look like $5800 will break soon but if some really hyped up news at that level we could see a big break down
If we reach up and over 6660 and we could see some slightly bullish moves as we go into the weekend, gotta feeling the MM's will butter up bitcoin for a bulltrap and long squeeze weekend....
**ALSO remember many people will be cashing out BTC for the summer holidays in the Northern Hemisphere - $22bn went out today alone**
keep stops tight and BTFD!