This is the reason it bottomed when it did at 24k. This channel guides the price to higher levels still...
Trend is maintained for now, however a retest of blue zone is imminent. After that it depends whether it can hold this support or not. It IS a strong support zone...and if it holds red zone will be the target. If not, there will be blood.
The way up is blocked, the way down is open. This concurs with weekly analysis
Loss of support is clear. Below targets are active.
Weekly chart. Price has broken below channel support and the RSI as well.
The support is clearly vital and we have RD+ as well. Well worth a buy with a short stop This is the same chart in Daily
These is the long-term weekly chart of WTI. We can see price is holding near a very strong support level but has not quite touched it. RSI analysis tells us we can have one more leg down, but if not and the price holds we can say we have hit the bottom and price will rise gradually.
While the momentum is bullish, clearly the resistance is too strong to break out from without minimal correction at least
Bulls should hold this line or else. Simple and deadly.
I don't know about the fundamentals but the technical prospect looks grim enough
This renko chart shows an interesting perspective I think. Strong resistance is noted
Clinging to support but it wont last I believe. Retrace is inevitable
At least 28.9 will be hit. 28.9 to 30 is an extremely strong zone.
Bitcoin Analysis-Weekly Update
Possible sharp down move before bouncing up and attacking 1948 in 12-15 hours
The boundaries of the playing field has been set... This week is crucial for Gold. Either we will see price hit 1890 or this week's low will be the bottom of the swing for the price. Tolerance= 1 week (candle) For the sellers, 1945-1948 will be of special importance.
A comprehensive look at Gold during NFP news
A comprehensive look at BTCUSD in higher time frames