Gann Box
Gold 4H Gann Box LevelsGann Box is an awesome tool to spot key resistance and support areas with Fibonacci levels. As you can see, Gold has been respecting 68.1%, 50%, 38.2% levels several times in previous weeks and months.
This time as well, after facing severe resistance under 1833 level, bears have taken gold down again and the key test once again lies at 1800 level. However, it from the technical charts, it looks that the next target level is 1767 which can be reached anytime during the next week. If you have not short the gold yet, probably you should wait for minor correction up north level at 1823-25 early next week.
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ontusdt/1dDaily candle is shooting star (bearish) and according to chart we have strong resistance above of ONT. Always buy on strong support line and sell before strong resistance.
For holders it's not good time to opening long position but others will be able to opening long or short term base on dynamic and static lines ((check candles also)).
As for me, I always check important dates on chart for possible trend reverse ((you can see them on my chart)).
0.8426 , 1.1697 , 1.5992 , 2.3348 , 3.1127 are strong resistance for price and 0.4179 is strong support, also.
Good luck
1st Square Support BreaksPlease check my first PLTR analysis to understand how and where long entry was developed. 1st square support is still holding along with 2nd square support, but 3rd square (smallest square) has been broken today. Now watch for a break on the 2nd square (Quarter Square); If break then the same squares resistance (RED) applies to price action. If this occurs it just leads back to the 1 square support level, this is important to understand - especially if your call strikes are somewhere in this general area - at which case you may need to reassess your risk.
Made for Lil Beam
Monero on course for big bullish breakout!Chart: XMR/BTC (Daily)
Monero has been pushing up gradually and consistently, the 0.5 Gann Box price/time line has been hit. If Monero pushes past this convincingly, this line will turn from resistance to support and we can expect more bullish action.
Monero took a big hit from the recent crash and could be a very good time to buy back in.
Next resistance points include: (a) 0.011475 (b) 0.019546 (c) 0.027618 (d) 0.03569. Depending on how bullish you are would determine your targets.
Let me know in the comments what you think!
Disclaimer: NOT professional advice, invest at your own risk.