the price might go to the moon as it broken and retested the resistance trendline
yet Sellers are in control after a big crush occurred in all crypto coins and its yet signaling that its expected to retest the broken resistances 41500 or 49000 if exended the short bulish, however the price seems that it is called at supports of 20k or 17800 where more buyers are waiting for liquidity which may cause its bullish to take long way to reach 100k...
according to fib retracement levels for Daily time frame from highest price of where gold price reached as Hight of 2070, it indicating that yellow gold yet needed to visit the fib retracement level 61.8 where market is required to bounce
BTC Vs TETHER US is falling down for the last 72 hours after making a reversal pattern shaped which has blooded the market,
As per my previous analysis bearish strongly active and also there might be possibility that market continue shorting to where uptrend initiated around 10 k where it is a possibility that market may bounce at 29500 where fib retracement level 61 is there however let us be patient and get clear bullish signal if your a not yet investing
THE GATE.IO COIN HAS MA A CLEAR RETEST AFTER IT BROKEN HAS BROKEN THE RESISITANCE LINE AND ALSO IT IS AT STRONG ZONE WHERE BUYERS ALWAYS START TO TRIP TO THE SKY AS IT HAS MADE A DOUBLE BOTTOM TO LUNCH IT IN TO UP .
PRICE BROKEN OUT THE TRENDLINE AND ITS NOT IN THE PROCESS OF RETRACEMENT THEREFORE ITS EXPECTED TO GO FOR LONG
THE CRYPTO CURRENCE HAS FORMED A REVARSEL PATTERN AT 1 TF
GTUSDT|BULISH DUETO FORMATION OF DOUBLE BOTTOM AIMED TO BOUNCE AT THISE AREA
Bitcoin Versus US Dollar is in reversal situation as it formed Head and shoulder pattern and also seems it has broken the neckline as it to initiate the big short for the legs of Head and shorts, the pair may expected to take time for shorting as targeting Tp1 @ 41700 and Tp2 @ 29400 # NEED YOUR OBSERVATIONS IN THE BELOW COMMENTS AND ALSO FOLOW ME FOR MORE UPDATE
Yellow metal came to the end of buying as it now at supply @1843 zone which was sold the price on 10th Feb 21 as of Double top is one of reversal pattern s showing in the daily time frame, also its at the trendline resistance, price may be expected to to take breath of bullish for reaching out t he GOLDEN zone of fib retracement level (0.618) priced 1852 and...
both Fibonacci retracement and Fibonacci base extension are indicating the price yet reached its golden zone of retracement level where the market can bounce into bearish, its expected to bounce at 1854 where shorts (Sellers or suppliers as at the stage or waiting it as to overthrow the market control. as we already mentioned ,market is in a bearish sitiuntion...
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