Gold Oct short
Gold is facing strong resistance at 200 day EMA around 47600
Gap down opening
Sell at CMP- 47350
Target- 47150, 47030
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Charts and views are only for educational purpose.
First the factors against us
-Weak price strength based on 9 day SMA
-WEAK price direction based on 180 day SMA
-DOWNward tend line
So other than another shaky day in the overall market I think FCEL is consolidating to fill an old gap between 6.15 and 5.80. The lowest we've seen in the today (8/16/21) @ 5.94 then regaining some strength and holding support at...
*For entertainment purposes only. Not Financial Advice. Not Trade Advice. Not Miami Vice. DYOR
How low can she go?
Gaps in price action are filled approximately 90% of the time at some point in the asset's price discovery process. Daily Gaps are significant! Here is where 🦈I'm long MIR.
KUCOIN:MIRUSDT COINBASE:MIRUSD BINANCE:MIRUSDT
I wanted to point out there are 5 bearish CME gaps on the Bitcoin chart. These gaps are located around $23360, $18355, $9680, $7580 & $3570.
My opinion about this is that $23360, $18355,$9680 and MAYBE $7580 get filled. This is still possible and BTC could continuing keeping its uptrend on bigger timeframe.
If BTC breaks this uptrend, it will likely go even...
Market in last 24hrs
BTCUSD saw a downtrend with price moving sideways
Price volatility was low. The market moved ~2.47%, between $11.48k and $11.2k
Today’s Trend analysis
BTCUSD expected to see a slight downtrend as gap down was observed with Bollinger band expansion taking place
Price at time of publishing: $11,316
BTC’s market cap: $209 Billion