Blog

  • Bitcoin

    Bitcoin

    BTC has completed bearish shark and touched the upper line of megaphone, the target – 73300.

  • Bitcoin / Tether

    Bitcoin / Tether

    Sure it’s just two lines but they are lines that are repeatable and respected very well.
    Bitcoin dropping to these lows makes sense, the market wants it to happen,
    Entry is perfect currently at 104,000

  • Gold Spot / U.S. Dollar

    Gold Spot / U.S. Dollar

    Broken Channel:
    The price recently broke out of a rising channel, signaling a potential shift in trend. Following the breakout, it retested the broken channel boundary, indicating that this level now acts as resistance.
    Double Top Formation:
    A double-top pattern can be observed near the upper resistance zone around $2,710–$2,730, suggesting that the price struggled to maintain upward momentum. This is a bearish signal, implying a potential reversal in the near term.
    Middle Line of the Larger Channel:
    The price touched the middle line of the larger upward channel before retracing, highlighting the importance of this level as a key resistance zone.
    Potential Path:
    if the price fails to break above the resistance zone ($2,710–$2,730), it could decline sharply toward the next support levels around $2,580 and $2,540.

  • CFDs on WTI Crude Oil

    CFDs on WTI Crude Oil

    WTI Crude Oil is neutralizing the previously overbought 1D technical outlook (RSI = 69.520, MACD = 2.080, ADX = 64.888) as after crossing over the R1 level, it is pulling back under it. Technically this has been mirroring the March-August 2023 fractal and based on that, we should see this pull back almost reach the 1D MA50. A buy opportunity is waiting there and our target is the 1.618 Fibonacci level (TP = 86.00).