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Investroy

XRPUSDT: RIPPLE BREAKDOWN 🧙‍♂️Let's take a closer look at XRPUSDT. Earlier, we had a nice bearish breakout after the symmetric pennant was complete. Right now, we're at the recovery stage. Here, we have 2 possible scenarios en route to 1.2$. The first scenario is where 0.9$ serves as a nice support zone to add some extra long positions after enough confirmation. However, in the case of some random news, we might see a spike right away without any micro corrections. Either way, we are going up, overall. For now... Will keep you updated as we proceed with this trade!
Long
by Investroy
4
ETHEREUM: AIMING 2000$ ONCE AGAIN 🧙‍♂️Currently, ETH's latest recovery is about to touch the descending trendline and eye 2000$. 2000$ is a major psychological zone, it's a midpoint of a current parallel descending channel and overall a spot a lot of traders are looking for. The minor drop further is inevitable and it's our choice to capitalize on it. You can hear everywhere - "Buy the dip", but how long will you be able to afford it if the dip keeps dipping? Be smarter, look for prices like that to add some positions to your portfolio. Good luck and manage your risks properly!
BITSTAMP:ETHUSDShort
by Investroy
18
GOLD: RISING WEDGE INDICATES MINOR REVERSAL 🧙‍♂️Here is a closer look at what's happening with GOLD. USD is expected to strengthen a bit this week, which coincides with a rising wedge pattern that may be an indication of a minor sell-off (approximately the size of the widest part of the wedge) till the closest support zone. We indicated with red trendlines what needs to happen in order to enter the trade. Moreover, we also indicated a potential entry point with the least risk. All the best!
OANDA:XAUUSDShort
by Investroy
24
BTCUSD: DESCENDING CHANNEL TO 30k$ 🧙‍♂️I have good news and bad news. The good news is that the fear index is currently at 14 (extreme fear), indicating that the crypto tourists are either leaving the market or holding long-term. The bad news is a sell-off associated with that process. Currently, we're in a descending channel and nothing indicates a potential reversal. The plan is to ride it to 30k$ one more time, create a triple bottom and take off from there. Be safe fellas!
BITSTAMP:BTCUSDShort
by Investroy
14
BERKSHIRE CORRECTION PENDING? 🧙‍♂️When we see these kinds of parabolas approaching an asymptote (usually in cryptos), we can tell right away that the correction is inevitable. Love to see Buffet's stock at all times high, but at this level, it's somewhat overpriced and as we're approaching that hashed vertical line we might see some 10%ish drop on this stock. This is not really a full technical analysis as always, but rather something worth considering overall in the market.
NYSE:BRK.BShort
by Investroy
14
GOLD IS BACK, BACK AGAIN? 🧙‍♂️It's nice to see a good old friend getting back to glorious levels. 1870 was a good rally; however, this is also a strong resistance zone holding for months. I don't think the momentum is strong enough to break it right away. Overall, I think gold is going to continue the upwards rally, but for the really short term, we shall see a correction leading to that. I don't think the correction will be that strong either and the indicated parallel channel should be respected.
OANDA:XAUUSDShort
by Investroy