The recent Bitcoin (BTC) price action suggests a bearish sentiment despite the broader long-term uptrend. The market reached an all-time high of $109,000 on January 20, 2025, before reversing, signalling potential downside risks. Formation of a Double-Top Reversal Pattern BTC has formed a double-top pattern, a classic bearish reversal setup. The critical...
Gold is starting to bounce back after a long period of decline. There is a clear indication of buyers gaining strength with a breakout of a key resistance level. Additionally, there is a bullish breakout of an ascending triangle formation, further supporting an upward trend. The next potential resistance level to watch for is at 2930.
Technical Breakdown: #BTC is forming a harmonic pattern on the 30-minute time frame, signaling a potential bullish reversal. Bullish divergence is developing, which strengthens the case for an upward move. The key resistance level is acting as a barrier. A break and close above this level will confirm a bullish breakout. Trading Plan: 🔹 Wait for bullish...
GOLD 4H NEW FORECAST 📈 Bullish (Uptrend) Scenario: Current Price: Around $2920 If gold stabilizes above $2918, the trend remains bullish. Next targets for a rise: $2931- $2955(Resistance Zone - GOLDTURN) $2,970 (Major Resistance Level) A break above 2931could signal further upside toward $2970. 💡 Key Takeaway: Stability above $2931 confirms a potential move...
It's Monday 03-03-2025, current price 2888 something. Im expecting that gold will follow the same direction bullish as it has flown today it will pump and can touch 2920. If gold pullback it can touch the price 2875 - 2860, If gold can't pullback it will continue the trend until 2920. Low : 2833 High : 2921 ATH : 2956 Time Frame : H4 Bullish Eng H1 Bullish Eng...
Last week, the EUR/USD experienced a significant breakout from a long-term bullish trendline, suggesting a potential trend reversal. The price is currently approaching the resistance level at 1.05150, which closely aligns with the broken bearish trendline. I expect a reversal in the trend and a significant drop. The price may reach at least the support level of...