Bitcoin has taken a bearish formation in the four-hour time frame.
The first support zone is 29,880 and by breaking and stabilizing below this range, Bitcoin can experience the next support zone of 29,000.
Trading position
XAUUSD has started a bearish trend after breaking its channel.
According to the chart, you can see two trading positions
In the first position, we can enter a sell position with 0.5 or less of the balance, and in the second position, which is less risky, we can enter a sell position with a maximum of 1% of the balance.
The details related to the...
The S&P is moving in an uptrend price channel and due to the price reaching the top of the channel as well as signs of weakness in the price increase, there is a possibility of price correction to the specified levels.
The DXY is involved in the resistance of 103.420, and if this resistance is broken, it can have a short-term uptrend up to the range of 105.3.
If the resistance of 103.420 is not broken, the DXY can be support in the range of 102.7 and retest the resistance.
Considering the bullish guard of the dollar index, we can expect more price reductions in risky assets.
