its is clear, because of positive effect of winning presidency by trump, USD in all pairs will be bullish, but even in this situation don't forget to set stop loss and money management
with or without pullback, gold will reach these new prices, but if u aren't already at this trade, wait for its pullback(if happened) to test the support area, then enter long position
In my view, BTC is going to meet lower prices, but its better to wait for a potential breakout from this triangle pattern. by the way, even by having further correction to 0.382 or 0.50 fibo levels, there is a higher chance to go down again and reach those 3 targets which are mentioned.
u can use buy stop for this short term entry, and the next sell target is the red line which is mentioned
just wait for a breakout of upside the right shoulder. but, if it breaks below the right one u can enter to a sell position
just wait for a second breakout to upside. in contrast, if it breaks below the right shoulder u can enter to a sell position
BTC already broke its support area and it will meet that 30-28k target again but there is a good chanse to buy it if it back strongly form this strong support ,so be wise and wait for a bull confirmation form 28-30k
xauusd is in the neutral stage but in the bigger picture gold is in the long position and more likely to retest its all time high then if there is a breakout, the long term target is as big as the dept of the rectangle pattern. If gold lose its supply which it is shown on the chart, it will be back to the bottom of this rectangle pattern.
Bitcoin is like having a retreat and then continuing its uptrend to reach a steady peak, to confirm this action it is better to wait for a strong uptrend reversal candel stick pattern, as you can see there are a higher peaks and higher lows in both RSI and priceaction .
here Btcusdt is forming a reversal Head and shoulder pattern,but for confirmation it has to break above 46K, by this movement there is a high chance for bitcoin to retest its all time high again, but if we see a strong bearish candlestick pattern from here or around 53K, it might be back to around 30k . in all,in my opinion the chance for going up is more likely to happen
Litecoin is going to meet lower prices , then it can move as i showed. second scenario is to have a strong break below $72, after that it will be at the bottom of the green channel
BNB has already break the short time trend line and it seems to reach around 220 once again to maybe make double or triple bottom, then back to its ATH. but if we have a high sell pressure and confirmation below of its 220 supply, it will fall to marked areas in the chart
it seems to making a rectangle pattern when it reaches to 30k but if the sell pressure continue (also bc of bearish divergence in RSI), the next target would be between 20k to 15k . based on this reasons, btc uptrend will take much more longer maybe about 1-2 year
Based on the downtrend as well as the selling pressure, the downside is more likely, if it loses the second red support, it means that the uptrend is over, so it will be in the range for a long time.
I think ADA will have a good chance of breaking out to the up side as like as BTC and other good cryptocurrencies in the market. targets are shown
as we are approaching to the end of 2021 , i think btc will meet those targets which are mentioned in the chart, also it can reach to even 130k to 180k in first half of 2022 or even maybe sonner with a huge parabulic move
if u are looking to sell on this pair ,wait for a break below 1.40 area, and if u are in buy position ,wait for a clean 4 hour pullback from the bottom of the channel or wait for a breakout of its top at the 1.42500
we should wait for the breakout, then retest to look for a buy or sell setup