Short-long
GOLD SHORT Gold has tested resistance twice in 4 hours, price is rejecting a bearish trend line. Expecting gold to show more bearish movement.
Bitcoin future 72K $ !?According to my future outlook, I expect Bitcoin to break the price of $50,640 in the next two months. I think it will be in May. I think 05/17/23. If it breaks it, it will continue to rise until November and December in 2022. It will touch $72,000 for the first time, after which it will reverse downward for about two years on 11/11. 2024 or 12/2024 in order to descend to 50640 and reverse its rise, perhaps its direction will be towards 90,000 dollars, so I advise that you take advantage of this period to invest your money in Bitcoin, especially when it touches the 39,320 dollars that I have already referred to.
XRP/USDT is in downtrend: accumulate and prepare for LONGThe live XRP price today is $0,90 USDT with a 24-hour trading volume of $4.008.592.011 USD, - 14,08% in the last 24 hours. Since the local top at 1.40$, price undergone a significant correction (-35%), which we were expecting after hitting multiple times upper level of Keltner channel.
The prognosis for the next days is still bearish as price has fallen under 20/50/100 days EMA and looks now ready to test the level of 200 EMA. Bearish fractal appeared, MACD is still bearish but RSI index seems approaching oversold area. Personally I expect the price to test 88-89 area as support (200 EMA) which could fail, determining a decrease up to 0.81-0.82 level, which represents the resistance oh 4h chart. This can be a good entry point for long positio n. Wait for confirmation of bullish fractal (red triangle) and a reversal in RSI trend.
POSITION: LONG
ENTRY PRICE: <0.83
TARGETS: 1.08 / 1.19 / 1.29 / 1.40 / 1.55 / 1.63
STOPPLOSS: 0.675
Keep in mind that altcoin markets are always strongly influenced by BTC performance, therefore after the BTc bearish divergence playing out we can expect another dump also for XRP, possibly TO $ 0.75 area.
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NOT FINANCIAL ADVICE
XAUUSD : SHORT POSITION COMING SOONThe pattern and analysis are completely clear on the chart. Traders who like risk and want to enter an emotional position can enter long and leave within the question mark range.
In general, the ascending signal is completely eliminated and there is a downward trend that the relevant signal has been placed in the chart for you.
My eyes are on USDCAD 22-30 March 2022The USDCAD could either rebound or break the trendline and so significantly dip in favour of the CAD.
The odds are in favour of the CAD, now that Brussels and Washington push for winding up most trade with Russia as to force it to reconsider its invasion of Ukraine.
BTC Moving Average SimilarityHello, the daily chart shows similarities of Bitcoin moving average price lines. In this case, I think we will enter a bull trend just like at the end of July. The only difference between July and the current situation is that the Stoch RSI lines are not exactly similar.(NOT INVESTMENT ADVICE)
Cenntro Motors Charting CENN has been on a very long down trend and have finally started to level off. It seems to have found support at $1.20 and resistance at $1.40. Now only that it have strong mac d cross on the 1-4 hour since the 15th. Ever since that sign of a reverse it has been testing the BOLL and IC on ever timeframe up to the daily. Right now it looks to be in price discovery. Will it go back into the pocket or will it trade to or through the resistance prices from the way down from $7. It looks super strong I’m the case that it will test those resistance areas and make test the previous floor of $7-$10. It is an EV that specializes in trucks and vans for companies. This type of products could lead to lot of sales as governments want to be fully electric predicted for the next decade.
US30 SHORT AND LONG FROM POINT OF INTERESTAs seen from the chart, the market showed a very impulsive move in the last week and it can be anticipated for it to move a bit more and break more structures and convert into short term sell bias, with this impulsive move there are many retail buyers who are willing to go with the momentum but that does not happen all the time, these moves are planned to catch smaller fish i.e. retail traders.
So, with the help of SMC, i can anticipate the market to go a bit more higher and then fall to the lower levels where more buy order can be placed.