the price is near to make ATH and the PA shows that we will have more bull run in future. what can do that? WW3 or what? as you can see, the channels top and the previous ATH are our target for this bull run.
if the price reach to our SUUPLY area and make a bearish reaction in lower timeframe, we can go for short.
every thing are write at the chart. The SD zones are clear and we are looking for sell or buy at this zones.
Updated demand area in D1 time frame are shown in the chart, we can look for BUY if the price react this areas.
as you can see in the chart, the fresh supply area is around 33000$ to 34800$ if the price goes back to this area and we see reversal candle stick pattern in H1 we can go for Short. The stop is the breakout of 34900$ in H4.
Hello my dear friend, I believe that, soon or late, we will see this target in BTCUSD rate.
as you can see in the picture, these days the BTC is facing with its most important resistance area in weekly time frame. during this weeks if the price can breaks that, we will have a new long term buy signal! and if can't, we will encounter with the unbreakable support area at the blue zone.
there is no risk to go for short here, just look at the pink area and wait for a big crash in long term!
One thing that I thing is more important than other things in the Gold chart is that after 6 months, finally, the price breaks an important RES level up and started a bullish trend! which makes of every price fall, an opportunity to BUY.
an important support is broken and it is a good reason for expecting more downfall!
every thing is clear, we have new SELL signal in GOLD.
although we have had SELL signal, after a downward movement, the price facing a support area which is a cluster of fibo levels and downward channel bottom. I think, soon or late, the price goes back downward and go for new lows.
In previous analysis, we see that with the break of 1220.54 level, the SELL signal is being processed, now, that signal is already active and what is important is that we are facing an important resistance at 1223.33$.
this is simple, you can see the support and resistance area for today.
although the last signal of the previous week was BUY, with the break of 1220.70 during today movements, the SELL signal is valid and now, we are looking for SELL.