Down
GOLD (XAUUSD): Still Bearish Outlook! Our Trade:
GOLD
- Classic local bearish trend
- Our team expects a bearish continuation
SUGGESTED TRADE:
Trend Following Trade
Sell Gold (XAUUSD)
Entry Level - 1788
Sl - 1798
Tp - 1770
Our Risk - 1%
Start protection of your profits from higher levels
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LINKUSDTIt seems that the price is being pulled back to the descending river line, which has been broken.
If the price can break the downtrend line upwards, the next price target will be $ 30.
But the more likely strategy is that after the end of the pullback to the downtrend line, the price will fall to the range of $ 24 to $ 25.
Bitcoin BearishAs what was expected in my last idea we went up from 30k to exactly hit my last target and now i think nothing is changed that means we are going down 30K again
at 30K lvl we have 2 choices :
1- we will have anogther xxz correction to end the wave 4 before going deeper to 20K lvls and it must be a triangle because we can not have 2kind of same correction in one wave i can not exactly say where the xx wave will end and the triangle will starts but i think it will be the 36k lvl or the 30k it depends on the price action at these levels
2- we do finished the wave 4 as my last Idea and now we are going down to around 20K to finish the wave A from the Main ABC corection we can decide when we see the price action at that lvls but it seems that we still need the xxz correctopn because untill now we did not see enough bearsh power
please see my last idea to understand what i mean
✅GOLD WILL GO DOWN FROM RESISTANCE|SHORT🔥
✅GOLD is trading in a range between the two levels
And, the pair retesting a strong supply area above
It is natural for us to think that the price will fall
Respecting the level and going down
To retest the previous retracement level
SHORT🔥
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nifty show bull but short covering very soon nifty show bullrun and maxmium tgt is that 16370- 16500 nifty after hit this level if possibel given short covering .... so i suggest sell nifty around 16370-16500 down level is 15800-15600 if nifty done this level next down fall reay in stock market crash
Bitcoin going down! 8k - 12k bottom Another one! Here we have the head and shoulders formed right after the Musk sell zone. The trend is your friend so follow it. I'm shorting down to target #1. Then Ill accumulate at the Bezzos buy zone!. I called this on another idea but it was stated as soon as the Wykoff distribution showed the BC (Buyers Climax) Phase. The time is now. Good luck everyone. Please like and comment. This is my analysis and idea. Do your research and due diligence before investing, trading, and leverage trading. This is not financial advice.
Bitcoin to 20kHello Traders and Investors,
Bitcoin is not looking great on the TA case. We broke under an uptrend and couldn't get back above it on the 4H time frame. This is a classic ABCD wave setup with a target at roughly 25k. Once we do hit 25k, we will most likely retest 30k and make our way lower to 20k.
I have made a post back in February suggesting Bitcoin will top out at 63-65k and a correction to 30k will happen. At the time, I was in favor that we will see Bitcoin at 120k after a correction to 30k. But taking a look at price action and Bitcoin's history; a move lower to 20k is most likely to happen at some time.
Unfortunately, many people will not take this lightly since majority of people bought this at higher prices and are on some hopium. But Bitcoin and Crypto as a space have grew very quickly, this correction is part of the crypto cycle. Also Bitcoin have always retested previous ATH before going higher.
Of course, there is a possibility for Bitcoin to continue higher, but odds are against it currently. We will want to see Bitcoin close above 42k or make higher high before we can flip bullish again.
Let me know your thoughts.
Bitcoin might drop by 93%The luck of electro power in China forced the government to start closing Bitcoin mining farms. In the long run, this should result in a substantial price decline for the BTC, before and if the price will manage to produce a new all-time high.
What do you think of the long-term Bitcoin price perspective, are we still in a bull market?
Bitcoin critical price levels / supportBitcoin has been in an uptrend on the past week, and is currently under pressure, backtesting a critical support level. It is at a critical decision point.
It is in the process of forming a head and shoulders pattern. A confirmation is needed, however. A break below the neckline would put the downside target at 21k, where it would meet other support zones including the 50 week EMA and volume profile resistance.
A break outside of the upper descending channel would put a price target of 41k.
Not to taken as financial advice, just for entertainment purposes only