DXY simple Analysis / Prediction Bearish TVC:DXY Stop Lost: 103.25
What does the bullish future hold for gold in the upcoming months? Will Gold just continue to go higher and higher due to inflation or will Gold have 1 last good pullback before we see Gold taking off 🚀 🚀 🚀... Scenario 1: Gold will continue to push higher and test resistance's and supports while having slight pullbacks throughout its run. OR Scenario 2: Is a...
DXY is at a critical point right now at the end of May, The fact the United States is continuing to print cash non-stop and the fact our economy is slowly dying due to Cov-19, I believe the DXY is about to go on a harsh downtrend and maybe even revisit 2008 lows drastically affecting the strength of the USD and the economy as a whole. For sure gold and silver...
I had my fun, stop being delusional, and come back to reality. on all large timeframe, BTC looks bearish and BTC already had a good run from 3.3k all the way to 64k sorry if you missed out. Also, I don't care if the instantiations are in, those are going to be the same guys who dump on you and make you all bagholders. Play it smart and don't FOMO at the top. Here...
The next couple of days is critical for Bitcoin and for the entire Cryptocurrency market. Bitcoin has a chance to rebound to previous levels or collapse under the support causing the entire market to crash in value. As we can see BTC is testing historical support around the same area a golden Fibonacci line is present based on the start of the entire bull run....
At the moment BTC is losing a very important historical support line, If BTC does not get back above the support then trouble is near. BTC is retesting the historical line but now it seems like the loss of the support became resistance which is very bad for the bulls. (Basic Analysis update for my previous post which is based upon the 1day chart) Overall...
Neutral TA Analysis on QCOM showing the best support lines to buy when an opportunity is available...
Sorry to say this bulls but right now through a momentum POV, Bitcoin looks bearish and is most likely going to be a dead cat bounce Intill we can find a new bottom to build up from. When looking at the data BTC is below all key MA's and support lines and it's unrealistic to think that BTC is going back to 64k in a couple of weeks In my opinion. 27K area could be...
Here is a simple chart HODL/Longterm traders can use to find the best buying zones. Hopefully you can use this to help you find the best buying opportunities possible.
Bitcoin on a 3w chart analysis, like I said before on my 3D chart analysis be careful and make sure to set up you stop losses. Don't act dumb and just think Bitcoin was at 3,300$ bottom in early 2020 and now it hit a high of 6,400$ in mid-2021, All I am saying is don't be bull high and the last chance for Bitcoin to remain bullish is for it to retest the 42k...
Bitcoin could breakout short-term if it bounces off the 20 day MA or off the Fibonacci support line....
ADA's possible bullish Scenario based on the upcoming ADA news, What are your thoughts?