Weekly RSI shows really strong overbought... Gold needs a consolidation period before rising more. And this week showed that a break of this bull trend on the daily is more than likely. To see more detail check my previous post on this.
I will try to keep this one short.. Hi everyone, it has been some time (7 months) since I posted my first idea stating Gold's potential. Gold reached the target 2700$ last week. However, during this week or next week possibly, I am expecting a solid change in direction that will start a short-term consolidation phase. Don't get me wrong, Gold is extremely bullish...
This idea focuses on Gold's short-term potential based solely on technical analysis. If you have a different perspective, please share your thoughts in the comments. --Overview-- Gold has been on a bullish run since the beginning of July, successfully breaking through the $2,450 mark after multiple attempts. However, it is now encountering resistance around...
Hi everyone, this post is written to improve and update my previous idea on Gold. You can check my previous idea... but this post will cover it all anyways. To skip the long read, I've summarized the idea at the end. I'll start with a broad overview to keep things clear... And as time passes, and gold plays out, I will update the post to include more solid...
This is a long analysis I made both for myself and to share it with you, I have to say that, I don't usually trade Gold. And I won't be able to comment on the current state of world and news. So this analysis will be focusing only on the charts, please consider the market data and news before taking any position. I summarized everything at the end of the post... ...
Hi, It is not a detailed analysis so be sure to make your own before taking a position... with that said, I am looking for btc to retreat for couple days. It should bounce back up to 67,000$ - 67,100$ If it starts moving down after. Then a 1:2 short position is pretty reasonable to me. stay safe...
I am pretty certain XRP is heading towards 0.60 mark, this could take 1-2 weeks or a month. But on the way I will be taking small positions both up & down... My analysis is as below, ( Note that these are all my assumptions and not facts ) - as of today or tomorrow, XRP should drop to around 0.475, it may drop further. - after the drop it should start a bullish...
I've been keeping an eye on XRP for some time now.. and I expect it to be around $0.55 in 1 or 1.5 months, for a long-term buy. for a shorter-term approach (1-1.5weeks), I would be looking at $0.45. And in any case price shouldn't be falling below $0.33. As far as my analysis goes, I would say, it should start to act bullish just around this week. XRP bounced...
all that upward movement has to be followed by another, and around this spot looks reasonable for me to buy some. But if the coin loses momentum in the next couple of days, I would probably leave it. I hope this week to be the start of a long term bullish trend on ARPA.. Just my thoughts, not a financial advice.
ARPA has been going down for a while now, but It has to take a breath and this looks just like the spot to do. For a week or so I expect it to be bullish... I don't really have any optimal trades tho, I bought some and will keep an eye on it. I'm not an expert so, I don't recommend to take a position without checking it yourself.
looks promising to me just posting this to get your thoughts on ADA ... as a long term target I'm looking for 3.6, maybe not that high but definitely going somewhere still has to show more bullish behavior though Price is stuck in a narrow area, volume getting lower and lower.. getting ready for something big Not a financial advice at all do not listen to me
I expect 3 ways for Doge to follow, 1. It somehow manages to break above the 0.55 level in couple days, which will make it bullish than it gains more hype and eventually it rises to Fib levels 0.90. ( but I don't find this realistic at all ) 2. Doge goes into consolidation state, it stays somewhere near the bottom of the box ( box is not that accurately drawn )...
For few days doge was tired of going to the moon so it was taking a nap Today it broke out of it’s nap and getting ready for the launch. I expect, if doge closes above smthg around 0.73-0.74 with a good formation. And plus the SNL is finally coming people gonna be hyped imo. And with all the new things going up like, it has a huge market cap or some companies...
I will stay on doge but, it looks risky to me. Can y'all give your opinions on doge. When I look at the graph and the hourly RSI it lost lot of momentum. I think people who made enough profit should be selling it. However when Elon goes on SNL, and if he talks about doge it will skyrocket imo. Doge gained too much market value in last days ( market cap is almost...