Reisstance
COTI Awoken: Back to All-Time-HighAfter a small slumber, COTI seems to be regaining value fast. Will we see a V-shaped recovery?
Price action suggests that there's a lot of investing and volatility around this coin. With Crypto in the news all over the world, quick gainers like COTI will experience ample publicity, leading to even more gains and so on.
Watch out around the marked resistance areas. I expect a lot of selling pressure around there.
Gold Soon Hitting Channel Resistance: Next Step?Since Gold's low Nov 30th, Gold has seen some strong growth. However, soon it will hit the upper resistance of the descending channel. Where too next?
Gold will see another 1%-1.5% growth in the coming week. What will happen after depends totally on investor's risk appetite. Before entering a trade, I'd advise waiting for trend confirmation. I'll make another post when the time is there.
For now, have some patience and let Gold do its thing until it's close to the channel resistance.
AUD/CHF Broke Out of the Channel: Sky is the LimitAUD/CHF broke through the channel since it has been inside in since the corona recovery. Today, it finally broke out of it, launching itself upward.
Today's price action is such volatile that it makes me believe we will see more of this bullish behaviour in the near future, the sky is the limit.
Consider Resistance 1 and Resistance 2 as potential exits, but feel free to do your own DD.