Dear All, Hope you have a good day! According to chart, you can see that I understand bitcoin is going to complete last upward moving for grabbing enough liquidity for its next falling down wedge if price could not break the 52K - 55K. Anyway, I just want to warn you that maybe it is not so that fancy and good time now to have long positions for long term or...
As you see on weekly basis chart; we broke the resistance and we will have potential to move on long position with 50K target for BTCUSDT and then maybe the skyfall down to 30K again. Wise simplicity is a key of complex success, maybe ! :)) I wish Mr. Market also want what I have mentioned in my technical analysis .... Not a financial advise, take your own...
According to classical analysis we reached the bottom of ascending channel and we should look for upward run! But as you see in chart, my own developed indicator based on blocks, support and resistance and some other data which is showing the probability of next movement ; indicates that we should face downward for future prices and I believe in what I was...
As we can see on chart long term dynamic trend line broke and after a short correction on US10Y, we should be ready to bull run up to 5% and that is a top range of long time coverage for US10Y, Hope not to see more up and I think we will start another range time box as shown. Boxes 1 and 2; some how have same time range but most of time the chart fluctuated in...
As it shows white trend line is strong support from early days 1860 and I do not think it will break another time (except new COVID disaster) , so we should face a bit move up trend maybe to make double top and then come back to support trend line for another confirmation not to far ( maybe less than 1 year ) and then how knows a huge pump up with strong break on...
I think it is time for DXY to perform another top and confirm it’s double top for a mid term correction, if It falls more than it supply area around 89 then we should see more falling down. But according to overall fundamentals and technical analysis it is not something that we would like to see. Anyway, I think another bull move to 111 is necessary and maybe a...
Maybe you hear about the 2008 market crash and none of us have good reputation of it but now in 2023 maybe we will go to face another same bearish signals and some how we should ready for another crash!!
According to what it is shown in BTCUSDT chart, we see double top pattern which its maximum classical bottom is around 10K and fibonacci level 38.2% around 10K, also and finally a very strong support and demand block around 10K. So we should see continues falling down to 10K for next 4 to 6 months at least!!!
Long term movement of XAUUSD as its last wave cycle of seems to be start soon and we can face prices around 6K to 7K for over 10 years later!!! Not so great move but still about 5 times growth investment is not so bad, but more important thing than investing money in GOLD for about 10 years and counting its beneficial statement, It is about how economical...
We have a very bad political issue in Iran and it seems the technical chart of USDT/IRR show something in long term pattern. According to chart we see a long term ascending wedge in chart which is combined with negative regular divergence which lead to a bearish market. Maybe something must happen to see this collapse and such a power for IRR. Think about 6 to...