Bitcoin, BTC, You're not Bullish enough... $400k, $600k, $1.5mCan you feel that? the weight has been lifted...
With Trump winning the election expect BTC to rally. Hard. Garry Gensler? Day 1, gone. Elizabeth warren, powerless. Larry Fink - the CEO of the worlds largest asset manager is calling BTC a "flight to safety", saying "it's bigger than any government" & "its digital gold"...
The stars have aligned, we're all set for cryptos version of the .com rally...
Key Points
Trump won the election - extremely bullish for bitcoin
Trump has said the US Gov will not sell the BTC &
This will form the foundation of a BTC Strategic Reserve
Day 1 he will fire Gary Gensler
He wants to make America the global leader of crypto
Larry Fink - "flight to safety", "it's bigger than any government", "its digital gold"
2011 - 2015 Pitchfork still framing Bitcoins price almost 10 years later
1.618 pitchfork marked the 2017 top
First Algo target from 2015 - 2021 & second Algo target from 2011 - 2013 at $55,000 & $62,000 marked the 2021 double top
1.236 pitchfork boundary marked the first top in 2021
& the 1.0 pitchfork boundary marked the secondary high in 2021
First Algo target from 2020 - 2021 at about $126,000
Second Algo target from 2020 - 2021 at about $372,000
Second Algo target from 2015 - 2017 at about 395,000
1.382 Pitchfork boundary in confluence with algo targets for a November top
1st target for the 3rd wave comes in at $563,000
1:1 range expansion from 2011 - 2013 at $608,000
2.0 pitchfork boundary in confluence with algo target in September
2nd target for the 3rd wave at $1,500,000 by June 2026
The Trade?
Do everything you can to acquire as much spot Bitcoin as you can while we remain in this re-accumulation range, then diamond hand it as long as you can bare. A trade with big flashing neon signs like this doesn't come up every day.
Depending on your time horizon & personal objectives taking money off the table at key targets would be wise while leaving enough in for over performance.
Remember to self custody, "not your keys not your crypto".
D.Y.O.R. DO NOT BLINDLY TAKE THESE TRADES.
Never Trust. Verify. PLEASE DO YOUR OWN ANALYSIS.
This is not financial advice. These are just my observations.
Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key. Capital preservation above all else.
Fibbonachi
Gold Out LookPreviously from few weeks we were bullish over gold and still if we follow the major trend from monthly to weekly to Daily we are still bullish over the pair but from last week the pair has shown us a new ATH and done a retracment downwards now its has reached between 23.8 to 38.2 retracment level now as the price action is followed it will follow the bear trend from 4H to 1H to lower time frames and go towards price level of 2716 and then if bears will push it more down and price breaks the support level on 2716 it will be seen in 2698 level of support which is 50% of fibbonaci retracement level and then we can a see a upward rally
GEOPOLITICAL Factor
As we have seen earlier Iran and Israel Tension was on Peak and Investors tried to Invest in Safe heaven and the safe heaven performed well now the tension is weaken a little so that price is going down if some tension increases we will see a Rise in price
AMERICAN Elections
American elections are right on the edge and price 5th November is a crucial date and the coming week will be a busy week for safe heaven banks and big player so we will be watching price closely if we observe any bullish price action pattern we will be buying safe heaven otherwise we will enjoy the bearish move
fingers crossed next week will be very busy and crucial for the future of Bulls and bears
Gold Out LookAs we had a rally upward last week and got tons of Profits following Technicals as well as this week is concerned still bullish in GOLD
Confluences
Price is following a bullish channel and show some rejection from channel last week
50 SMA on H1 is also bullish
From Monthly to weekly to daily to H4 to H1 to M30 to M15 gold is all bullish
Geopolitical situations are also in favour of Gold price as Iran and Israel tension has escalated last week closing we can see a rally upwards
So gold is bullish and we are too bullish on Gold if Price breaks above 2752 level of previous ATH it will go bullish to its physiological level
Gold out lookOANDA:XAUUSD the drop was a honey trap 🪤 gold is always in buy trend
when it dropped it has taken support on 1H 50 SMA and after that its moving above that i am expecting 2750++ today the reason expecting 2750 is fibonachi extension has 1.786 level over that price other confluence being Bullish is because its in bull trend from Monthly to weekly to daily to H4 to H1 and lower TF's
DXY sellUS dollar had a blasting week this time now as we have traded its upward rally now its moving towards its resistance level where from it will be moving downward rally👇 from its resistance level on H1 we can see a Fair value gap under the price rallied so we will be bearish until it fills its GAP now if we talk about H4 and Daily price is bearish from Daily Time frame so we are bearish this time until fair value gap
Gold Buy price has not shown up all Buy side liquidity taken price has shown Sell side bais but as we know gold is Bullish over Monthly to weekly to daily to H4 and from yesterday Gold is stuck between buy and sell side trend also we have mentioned Inverse Head & shoulder pattern on H1 TF also Gold is forming a Rising wedge over H4 TF so we are bullish over Gold for even next week gold only palys with emotions
Gold BuyIn my previous anylisis i have seen that gold will touch its support level down there now as time passed it has gain its previous momentum back and moving towards its resistance level now as we can witness that gold has broke its Resistance which became support for now we have seen a retest now as being bullish we are moving towards it Ath resistance level so we are bullish to that level of resistance
Dollar index sellAs dollar index was bearish all the week and in my view it will remain bearish for the next week as Dxy is moving in a falling wedge in which it has completed its 4 waves over H4 to H1 TF and going to complete its last wave 🌊 E if this pattern is not a failed pattern then DXY will remian Bearish all the next week also we our team has observed that Dollar is Bearish on All timeframes from Monthly to weekly to Daily to H4 to H1 so we will be bearish for the next week as Geopolitics is concerned we can predict a downward move in dollar index
Hope for the good 👍😊
Gold Outlook Today we have experienced a new over purchase manager index PMI which has shown pretty much data that was the reason gold has moved up and USD has dropped now as the news is over and price is forming a resistance over 2630 physiological level also price is consolidating between 2615 to 2630 level which probably be making a flag pattern which is a bullish continuation pattern now we will wait for break above 2630 and break below 2615 then we will act accordingly
Thanks
Gold outlookPreviously Gold has made a new high in previous week now its all time high for the week is archived now in upcoming week gold can consolidate for the time being but as Feds rate cut is expected and gold can go for new high in upcoming week now as i am analyzing the pair we can expect a pull back to to its newly formed physiological support levels and can go further but as i said fed rate cut is expected gold can fly high and make new levels
EurUsd BuyThe pair has followed its bullish path as in my previous anylisis i have identified its crucial point from the pair has shot up and moving in its bullish path we have also witnessed a FVG over daily bullish move which has been mitigated by the pair in last week the weekend is over and back to the market we are ready to catch up a awaiting bullish move confluence for the bullish move is first FVG and 2nd is price has completed its retracement to the 50% of Fibbo level on daily TF so there are higher probabilities for price to go higher to its historical cum physiological resistance so we are monitoring price very closely so that we can save our capital and gain profits
Good for the week guys
GOLD SELLAs last we have witnessed a heavy news week as it was ending of month and quarter too but as the month starts and everything gets normalized Gold is following its direction and being directional means gold is following its bearish path as we have a rally downwards last week and gold has made a Fibonacci retracment of 68.1% on one Hourly time frame also gold is rejecting its Daily and 4H Resistance and getting accumulated over it so its high probability that gold will start its downward journey soon
so am keeping an eye and waiting for a price action so we can enter
Gold overviewGold has shown a rejection on sell today on american session opening but now it seem like gold is gonna follow its path to the sell side because gold has not broken its 4H trendline and has given a price action candle (Inverted hammer 🔨) over 4H TF which shows a sign of rejetion also 50 SMA also shows us gold is in sell trend in its higher Time frames also gold has achived its 38.2% level of Fibbo on sell side Drop which has broken the trendline previously to the downside also we are a having a major resistance level on this level so we are sell baised currently but if price breaks trendline and price sustains over it we will be buying the yellow mattle
detailed important chart tells u why to buy AVAXin weekly chart can notice a breaking out of falling wedge pattern finally after more than 6 months..
the price now moving in huge ascending channel going to making new ATH in next few weeks..
u can see elliot wave in the chart and It's clear that elliot wave correction done
one of the biggest coins in the market ... ranked 11th in terms of market cap (11.871B)
it's on good support and suitable place to buy ... long term target is 200$
best regards ceciliones🎯
[LINKUSDT] - potential targets in HTF10 million link pieces were purchased in the past two weeks alone, worth $120 million Great buying power in a short period of time makes the currency's TARGETS
great in the long term
on weekly chart there is a consolidaion of falling wedge pattern after a longtime
accumulation (526 days)
key level is 32$ zone.. price can visit 9$ again but i still see it's good area for buying
best regards ceciliones🎯
Seeing a huge drop coming for GOLD this weekGOLD may retest 2318 area and complete an inverted head and shoulders, and then head up to resistance level which lines up perfectly on trendline resistance AND lines up perfectly at the 61.8% Fibonacci level, this is a very interesting level for these 3 lining up this trendline has been valid for months and very strong trendline resistance that has been tested multiple times. I suspect GOLD will plummet down to 2300-2280 by the end of this week, probably during London session as from my personal experience I have seen this happen multiple times and have taken this opportunity to profit off this pattern
moreover the DXY has been making impulses to the upside and healthy retracements to continue with another impulse this week if the trend continues, keeping on eye on news to support this bias and watching these levels on particular the 2340-2350 area
huge waterfall coming for GOLD this week, Be ready!GOLD may retest 2318 area and complete an inverted head and shoulders, and then head up to resistance level which lines up perfectly on trendline resistance AND lines up perfectly at the 61.8% Fibonacci level, this is a very interesting level for these 3 lining up this trendline has been valid for months and very strong trendline resistance that has been tested multiple times. I suspect GOLD will plummet down to 2300-2280 by the end of this week, probably during London session as from my personal experience I have seen this happen multiple times and have taken this opportunity to profit off this pattern
moreover the DXY has been making impulses to the upside and healthy retracements to continue with another impulse this week if the trend continues, keeping on eye on news to support this bias and watching these levels on particular the 2340-2350 area
Huge waterfall coming this week for Gold be ready !!GOLD may retest 2318 area and complete an inverted head and shoulders, and then head up to resistance level which lines up perfectly on trendline resistance AND lines up perfectly at the 61.8% Fibonacci level, this is a very interesting level for these 3 lining up this trendline has been valid for months and very strong trendline resistance that has been tested multiple times. I suspect GOLD will plummet down to 2300-2280 by the end of this week, probably during London session as from my personal experience I have seen this happen multiple times and have taken this opportunity to profit off this pattern
moreover the DXY has been making impulses to the upside and healthy retracements to continue with another impulse this week if the trend continues, keeping on eye on news to support this bias and watching these levels on particular the 2340-2350 area
$PBIONot financial advice.
OTC:PBIO
Scenario 1:Will see if next week candle helps with the continuation of this impulsive move. if so we are on our way up on wave 3. Bulls need to step in.
Scenario 2: we are in a broadening formation and still will hit the top of the formation and possible get rejected.
Like and follow for more ideas.