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#XAUUSD #GOLD⭐️👌analysis: -on 4H time frame we show a bullish channel If the channel is broken from below, it is a good opportunity to sell. -on 1H time frame we show a a “difference” divergence on the “RSI” indicator, and the MACD to give us a sell signal. -Also, the price is at a very strong resistance area that must be respected. -If we break the resistance area at 1832 and return to the broken ascending channel, we may witness levels like 1860, 1907. For confirmation : -Wait for the insurance of technical patterns on small frames , such as Double Bottom , Head and Shoulders , and others. -You must follow the fundamental analysis (news) For more analyzes and our encouragement do not forget: -Follow us -Support us with the like button 👍 -Write a comment
OANDA:XAUUSD
by mohamed_Abdullah7
2
Bitcoin heading to mid 8.5kSince our last buy in it’s been killer and hitting both the support and heading straight up, will link last post. Is bitcoin really heading too mid 8k before halving? There’s some outside factors we need to take into account. 1. After halving we will be at a break even, yet at the same time we are experiencing low prices of goods. If United States reopening is successful than after the halving we could shoot up higher, yet if we don’t could see sideways or a downturn since it would be cheap. 2. GrayScale has raised over 500million dollars, yet the market is focus on Binance take over the crypto space, which imo it won’t be good for them in 2021. Along with at GrayScale graph is actually gone up forming a bowl, which while we going down institution ARE BUYING. Now on too the TA. Atm we are above the support of 7231 with next resistance at 7379 than we head too low 8k. High buy volume on the hourly is good along with overbought but trending up expecting a another massive move before halving, most likely mid next week or in May, yet we could always go higher sooner. MACD is still bullish unless we get a massive move down. I’ll remain long and also bought some GBTC in my Roth Friday.
COINBASE:BTCUSDLong
by nathanielx9
2
rai inverse head and shoulder breakouthigher timeframe showing strong uptrend and excellent trend strength intermediate timeframe showing trend alignment and showed the breakout of resistance area 67.0x area after completing inverse h and s pattern with strong positive volume pressure measured move from head of pattern to neckline is a .55 move which should give projected target of 67.55 and extension level .618 at 67.8x area consolidation in this previous range should provide enough momentum and relative strength has room to run setting stop underneath breakout candle in case of a false breakout move
RLong
by inco1