After the November/December high it had looked like a coming correction. But then the February saw the price bounce back towards a new high, As the price had not been corrected for 10 months this may bee seen as an exhausting spike. The market is long and no new players may come in. The spike may have exhausted and a profit taking may set in within the next few weeks.
From the analysis of gold trend, we focus on the 2880-2870 first-line support below and the 2930-35 first-line suppression above. In terms of operation, we still focus on stepping back and doing long. In the short term, we can continue to do long around this range. Once a breakout of 2930-2935 occurs, gold will inevitably touch the previous high, or even reach 3000. The fluctuations in the gold market are like a long journey. It has not yet reached its peak, but please believe that every hibernation is for a more powerful take-off. Patiently hold, the harvest often belongs to those who can keep calm, hold on, and victory is ahead. You can read bottom signals, interpret daily market trends, and share real-time strategies, so you no longer blindly follow the trend.
The pair has shown sign of bearihsness on 1H TF. It formed bearish divergence on RSI and falling wedge chart pattern . A short position can be taken after the wedge is brojen by price and the last los is taken out.
Hello,Traders! BITCOIN keeps falling down In a strong correction move But the coin will soon hit a Massive key horizontal Demand level of 72,500$ From where a bullish Rebound and a move up Is likely to happen Buy!
Conclusion The NFT market is developing extremely fast, and the blockchain infrastructure has undergone significant changes over the past few years. However, today, there are still many questions about how the NFT market can function and in which areas non-fungible tokens can be used. For example, one potential application of NFT is the blockchain recording of unique documents. Due to the reliability of the blockchain, diplomas, certificates, and various documents can be issued in NFT format, potentially helping to eliminate the risk of forgery. NFTs are likely to have, and are already having, some impact on formats for creating and distributing content, and art objects. For now, however, it is primarily a trending investment tool for crypto enthusiasts around the world. The numerous possibilities of this technology will be revealed in the coming years.
Expansion has occured for the last 25yrs. Although Terry made it, its time to prepare for whats next. Fortunes will be made and lost but it is no longer our time. We must rebuild and prepare for what comes next. The future is about our youth and this reset must occur for HOPE and CHANGE!!!
Timeframe: W I assume the formation of a triangle. I consider the target around the round price level of 1.00. #CRO
Bros, today gold continued to fall to around 2880, but I still insist on going long on gold. Don't give up on gold because of its band decline. I think this fall in gold may be the last opportunity for gold to fall before it rises, so I won't feel pessimistic because of this fall in gold. Taking advantage of this decline opportunity, I have absorbed enough cheap chips. We can clearly see that although gold fell, it did not change its rising structure and did not break away from the rising trend; in addition, after gold rebounded from around 2832, there was not much room for correction, and this decline was obviously to cooperate with the low of 2832 to successfully build a "W" double bottom structure. This will form favorable conditions for breaking through the short-term resistance of 2930, and even lay the foundation for hitting the previous high near 2956. This is why I still insist on going long on gold even when it is falling. If you are really scared by this decline, then I think you have missed the opportunity to go long on gold at a low point. Bros, do you have the courage to go long on gold with me?Trading means that everything has results and everything has feedback. I have been committed to market trading and trading strategy sharing, striving to improve the winning rate of trading and maximize profits. If you want to copy trading signals to make a profit, or master independent trading skills and thinking, you can follow the channel at the bottom of the article to copy trading strategies and signals
ETH has tapped into the liquidity zone just as I anticipated. Now, I’m watching for a 15-minute confirmation before executing my high-risk trade with 400X leverage averaging. Let’s see how this plays out! ????????
How low can ya go? Can you go down low? All the way to tha floe (200 day ma)? BULLSEYE!