Short term Long entry Entry: 1958 TP: 1975 SL:1955
Price could push higher in the area of the resistance level. As of now, the market remains hesitant due to a lack of massive movement to break the ranging phase.
As previously forecasted, price may fall as a result of decreasing buyer demand. Price is currently in a channel up movement and if it can hold 1575 - 1580, it may retest 1600 (short term recovery). However, if the price falls below 1575, there's a high possibility it will plummet to 1557 area.
Buyer slowing down to push the price higher as it is in the supply area that haven’t be broken previously. To expect price will move lower for the next few weeks ahead.
Price broken the ranging phase and no demand for Sellers to push the price lower. I’m expecting the price will move to the upside in order to reach the next supply area.
BTC is continuing in a downtrend and the price is currently in a range phase, which I predict will lead to further price declines.
The selling momentum and volume are quite high, and the buyer's momentum to push the price higher has faded. Sellers are currently in control of the short-term movement, so why not join them on this journey?
I still don't see any buying opportunities in this stock because the price is still in a downtrend channel. In the most recent Q2 earnings report, we realised that this company is still making a loss in terms of net income. The good news is, they have won few projects which may be a good catalyst for an investor. As of now, if the price breaks above 0.125, Buyers...
Price is currently squeezing, with a 50/50 chance of breaking above or below. So, all we have to do now is wait for a bullish candle to appear and break above USD4.50 with strong bullish momentum as a final confirmation.
Expecting a short-term price recovery before continuing to take off.
We've seen buyers' momentum begin to decline, making it difficult to push the price higher and break the recent high. Sellers remain in control, and I predicted that the price would fall to 1800 (significant support level).
Since the price has already broken the channel up momentum with a strong bearish pressure, I've seen 2 opportunities to short BTC. Buyers currently lack the strength to push and take over the Sellers as the price compresses to the upside. As a result, I expect the price to fall in a short period of time.
Very obvious strong selling momentum and no new Highs created. I forecasted price might retest nearest resistance and continues to drop to the demand area.
BTC has fallen almost less than USD 30k this week. However, price starting to recover to the upside as short term buyer already challenged the last seller. Based on my POV, this is just a short term entry as we can see big movement still in a downside and very risky entry. I'm only interested to take the risk if price retrace back to the previous breakout point...
As expected in my previous analysis, BTC moves to the downside and as of now price slide almost 40% below. My forecast still on bearish bias because the price keep making Lower Lows and there's no buying momentum to go long on Bitcoin. Price possible to land once again at USD 30k area since that area already tested before this and it is in line with support area....
Price struggling to move in bullish momentum as we can see price does not break above recent high USD 65k. I predict price might splash to supply area and hold on that area before it moves to the downside. I will monitor and take advantage to entry short if price could hold or retest at red zone area.
For the past few days, Gold price quite choppy and ranging thus failed to create any new highs. I'm expecting price might retest around minor key level area around 1759-1767. We have seen price hold at breakout area for a few times and it shows that we are still in trending bullish momentum. Let's monitor price reaction on our key level.
Price showing positive momentum to the upside as we can see selling momentum slowing down and buyer starts making a move. As for now, there's no Lower Low created to break below Buyer's Territory. Recently, price keep squeezing and we are still in indecisive phase where 50/50 chances price might go up or vice versa. Personally from my perspective, price possible...