After all the news that has been going on with the Coronavirus, it has set the market into an emotional roller coaster. Gold was highly affected by a push to the upside. I still see another push to the upside but I would like to see a retest first. The price of $1571 holds as somewhat of support on a 1HR timeframe. I hope this plays out but if it doesn't, we can...
After a nice push to the upside, its time to see a retest all the way to the $28 level in my opinion. We have earnings coming in April so this could perhaps be a good set up. Entry: $28 TP: $35 SL: $27.50
I'm in Tron from the entry point "0.01974" and my Sl is at "0.01830". Looking to take profits between ".23 and .25".
After a nice leg to the upside, I feel that BTC is ready for the final push down. I'm looking at entries between $9,700-$10,400 and take profit to be at the levels of $5,000. This is a stretch but it could potentially play out.
I would like to see a retest of the $67 area before falling to the area of $56 to execute longs. Lines perfectly with a support level.
I would like to see a retest of the $6 trend again to optimize a better long opportunity. Would be a better double bottom at a daily time frame.