MTL just got impact of over 100 BTC within a very small period of time. Even though I can't see the reason for that from chart point of view (as it is not the best moment to buy), such an activity can't pass unnoticed. Probably these whales will keep on pushing it up. Volume visible at week timeframe is enormous! Next important density zones are at 530, 600 and...
This is a quick chart for Metal (MTLBTC) by the request of one of our amazing supporters... All the details are on the chart. Thanks a lot for the support. Namaste.
Time Frame: H4 Gold has reached to its support level already. Very much possibility to jump from here towards 1530.
I will not draw anything (just hidden my drawings actually), as I need you to look at the volume and nothing else. This is week chart. The visible volume range bar red line (maximum density) is located around 650. MOre, if you zoom in, at 500-530. These are targets for the pump. Good luck =)
Whales accumulating MTL again. Already invested a lot in pushing it up, but made only ~13% Certainly hard to push the coin while no one is interested in buying. But since they started, should push it to ~300 in any case. After that depends on market conditions. Safe entry below 250.
Fundamental: The main focus for gold traders remains the Chinese yuan mid-point fix because it seems to set in motion all the other events that have been driving the price action this week such as the direction of global bond yields and demand for risky assets.The People’s Bank of China fixed its midpoint for the yuan at 7.0136 against the dollar on Friday – the...
Hi, Gold has started to show a bearish price action on the strong area around $1,500 XAU/USD has reached into the pretty strong crossing area which consists of: 1. Parallel channel projection 2. Fibo Golden Ratio 625 3. The round number $1,500 4. Bearish candlestick pattern after the rejection on 4H 5. Different Fibo Extensions It has some room to go higher...
The lower (yellow) trendline coincides with the 100 EMA (gray) which indicates a strong area of support and this trendline also crosses with the next monthly Pivot-Point and also with this weeks Pivot-Point which makes this support zone super strong (I marked it with a yellow circle). Next up, we have a strong resistance where the price is right now because the...
now=0.000041 btc buy point=0.000037-0.000039 btc sell point : acording chart but i think big movement
buy mtl at 0.00002345 btc sell at 0.000085 btc macd have resistance line that force macd comeback to 30
I expect this to happen. Would be textbook behavior. It might go higher before executing the throwback, but probably not much.
Good day fellow traders! Daily time frame: Gold can be unfolding a higher degree wave C), as part of a bigger A)-B)-C) structure, out of a previous triangle correction. Wave C) is an impulse and may unfold five-waves to the upside, before resistance for wave C) may be seen, and a change in trend may follow. At the moment sub-wave IV of C) can be unfolding, and...
The IMF said the U.S. currency is overvalued by 6% to 12% based on near-term economic fundamentals. The dollar index, benchmarked against a basket of six currencies, fell 0.2% on that, boosting gold which is a contrarian trade to the dollar. In another hand, markets are currently pricing the odds of a quarter-point interest rate cut at 100% for the end of the...
Risk appetite in the market is changing. The decline in the precious metal reached support at the 1400 level. If it breaks the 1400 level, we can see a sharp decline towards to 1392 level. But if 1400 level holds downward price action, we will follow the 1414 dollar resistance.
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Gold is going to trade higher. Let's just make money out of this move. Use proper money management.