BTC failed to break the 60,000 area. Most likely there will be a drop to the demand area at 46,000 to 48,000.
For the short term, we can short BTCUSD to the level of demand
Bitcoin just show us a good performance, it's a good time to buy for daily range
Open entry : 4080 price level area
Stop Loss : 4010 price level area
Take profit : 4220 price level area
Gold just performed well, it goes up since late 2018. But, now gold price needs some correction before going higher.
There are some support level: 1305, 1277, 1253. After touch that support area
I think gold price can rally up to 1366 even more 1400 price level.
For several days, we will see some selling pressure on gold, which can become potential entry level...
On January 17 I just called for cheaper oil price.
It still doesn't happen yet, but potentially lower price continues as more signal for lower price.
We see a bearish divergence (daily chart and 5,3,3 stochastic) between Jan 9 2019 until Feb 1 2019
There are some resistance and support level:
53.50, 58.00, and 63.00 are resistance level (USOIL still can't...
Oil price just goes lower and lower, global uncertainty and slowdown economics drag the black gold price down
We see some key point here, we see a hidden bearish divergence between Oct 3 2018 until Jan 11 2019
There are some resistance and support level. 53.50 and 58.00 are resistance level. 45.20, 42.30, 38.75 and 36.00 are support level.
If we look at past...
If we look at SPX chart, we can see the bear market just interrupted by some up movement
For the intermediate term, we can see 2690 price area as potential resistance level
If the SPX price can't break that level, the bear market continues
Next support possibilities are 2540, 2420, 2280 price level
Furthermore, it's possible for SPX down into deep level, such...
We see a hidden bearish divergence on GBPJPY 4-Hourly.
So, it can be continued for downtrend with 142.60 as entry level
And 141.50 or 140.37 as take profit level
Yeah, somebody says it's bear market, somebody says it's just retracement
We have just seen some down movement on the stock market, but I think that's not the end of down movement
We need some retrace to continue bear market, so it will be move up in the stock market
While I see bullish divergence on the daily NASDAQ chart, it makes sense to say retracement...
We see a hidden bullish divergence on EURCAD 4-Hourly.
So, it can be continued for EURCAD to move up with
1.5130, 1.5180, and 1.5270 as resistances
Also 1.5080 as support level
BTCUSD is falling from $20.000 / coin mark to $5.000 - $6.000 / coin since December 2017.
Will Bitcoin price rise on winter season this year?
BTCUSD has resistance at $7.420 and $8.460 price mark,
If that level broke before the end of this year It's possible to rally again early next year.
But, if it doesn't happen BTCUSD will retest its support at $5.800 and $4.970.
XRPUSD has resistance at $0.5737 and $0.7917 price mark,
If that level broke before the end of this year It's possible to rally again early next year.
But, if it doesn't happen XRPUSD will retest its support at $0.3811
Now, GBPNZD is in neutral movement. A major movement to break 1.9762 levels or
Touch 1.8924 levels again will be determined the next trend. Hopefully, some fundamental
News can bring us to that level.
GBPUSD still retest its resistant,
a major movement needed to break 1.3375 level.
(sorry for typo on chart)
a sign of bullishness with target at 1.3557
USDJPY moved up recently, but potentially retrace to some lower support price.
If the double top pattern is formed.
There some potential support area: 110.70, 110.30, and 109.80
