In my view BTC rebound will stop @ 36k then a short wave towards 23k
In my view SPX rebound will stop @ 4255/4260 where a new bearish leg will start to 3600 area
In my view gold rebound will stop under 1900$ a bearish leg could reverse to 1700$ area
I think that the rebound could stop @4100 , less than the previuso chart target. A new bearish leg could start towards 3600
First bearish wave i over, after the current rebound other two bearish legs towards my reverse price level 0,0000104
In my view after a rebound gold will continue falling to 1700$ where reverses to bullish trend to target 2480/2500$
In my view Brent will touch 158$ before big dump, I think that we retest 16$ area in 2023
In my view Brent will retest next 133$ , after a correction I see a probable finale tp of 157/158$ before dump to 86/87$ area
SHB is moving in a rising wedge , once broken I see a correction to 0,0000103 area where a bullish reverses price to 0,0000195/20
In my view current short term trend is bullish so I expect a retest of 35,4k area and then a new bearish leg towards 23k area
On 15 min timeframe I see a falling wedge that could be broken to restart bullish trend but on the long term I think that after a rebound bearish trend will resume as in the previous chart
Since the fibonacci 1.4 support level was broken in the last chart, I think that the correction is not over so I expect a retest of 0,00001082 area to restart bullish trend
After I rebound in my view a new bearish leg will move SHIB towards 0.000063 area
In my worst case scenario BTC will fall under 1k similar to wti oil that went under 0 some year ago Next weeks trade strategies : buy around 23-25 k then sell around 36-37 k
The broken rising wedge (blue lines) is not good for BTC since the target of the wedge is around 0 , is it possible?
We can see two scenarios: 1) The smaller rising wedge (black lines) was broken so I expect a retest of the broken wedge and a big fall to 25k area. 2) On the other hand we've a big rising wedge (blue lines) that is still active so if the price is supported by the lower trend line we could see a bull trend reversal with tp 72k area. #1 is my favourite scenario,...
On the 4hr chart I think the rebound will sto @3450 where a bearish leg could start to 3900 area that is my short term bearish target
In my short view on SPX next supports are 3900 then after a strong rebound next support is 3600