If Silver is able to close with bullish engulfing candle, then more and more upside is more likely for the metal which is currently on correction. This could possibly send the price to the upper channel of the bullish wedge.
As we head into December, We can see that the major drops I had predicted since November 14th has occured. Bitcoin is currently fighting to stay above the major Support line that developed back in march of this year 2019 when Bitcoin had the golden cross and rallied to 13k zone. This support line is set to break as we are no where near the end of our...
Gold is now bearish. However, any daily price rejection at 1456 is expected to drive the metal price up to the upper channel of the bullish wedge at 1489. If 1456 is violated, then gold could fall further to 1430
Let's see!
Forming nice shape, look closely Just an idea, time will tell Good Luck!
For the past 4 years, every "alt season" depicted in this case as ETH/BTC has always begun either early or end of December. Will this market cycle continue in 2019?
If the new trend repeats the previous market cycle, we might see new ATH after the halving event which will happen in may 2020.
What if 2011 Bitcoin market cycle chart repeats.
The close of GBPCAD pair is not in favour of bullish trend , bears are in preparation to take control of the currency pair. Any form of rising price will be to attract bears attention.
With EURAUD market sentiment now bearish on H4 timeframe, any rally towards 1.62700 will be walloped by the bears
GBPUSD is in the corrective wave after the impulsive wave drove the pair from 1.22000 to the high of 1.30118. Now price is tending towards the lower channel. Expecting price to be rejected at 1.27300 there about for a reversal
The close of GBPCAD pair is not in favour of bullish trend, bears are in preparation to take control of the currency pair. Any form of rising price will be to attract bears attention.
With Dollar Index creating higher-high and higher-low, there is high probability of the swing high at 98.45 to be violated and the bulls will take the index to the next target at 99.05. From there, a major reversal could be witnessed
It's a good moment to buy XRP! BNBUSD will go up but XRPBNB will go up too! So, i prefer buy XRP than BNB. I'll change my small balance in binance for BNB though
Take a close look at pre halving Bitcoin price action in 2016 and RSI.