Hey so as we can see Bitcoin slipped outside the double yellow lines and was brought back in by quick wick which tends to indicate that the price point will likely come down to the lower band of the yellow lines in the short term near that 20,500 level.
This is not financial advice and please do your own research as this is simply my opinion
drop a boost and...
The pair has reach the H4 high or resistance. This pair is forming a double a top. Thie will push the price to 1.783202 being take profit
The pair has no news that affected the price movement of the pair.
Nice and simple view of BTC rn.
a nice pennant forming, and range remains unbroken.
lose this area though and 30k gulag time.
Markets all round are a bit all over the place, so very interested to see direction of market.
The markets, while particularly jostled and unstable, are also as equally unsure. We've seen MASSIVE gains for both crypto and the stock market through 2020 and 2021.
But what will happen in 2022? MANY predict a continued downtrend. Some predict a massive crash. Others, fueled by hope, think much higher highs are to be made.
Is inflation bad for markets after...
Taking a position for a two-day short with this rather simple concept. Broken near-term channel floor guides us to a bearish posture. The conjoining channel patterns indicate a target price at levels 40200 - 38800. An overextension to 38000 is possible in accordance with an underlying fib at that level and untested support between 40-38k area.
The timeframe is...
As you can see in the set up there is a symmetrical triangle which gold is respecting in the weekly and daily time frame.
The trendlines have been drawn in blue and the support and resistance is marked in red I believe gold will be bullish towards the 1840 area this area is where the trendline and resistance meets this is also a strong zone 0.786 fib zone