The retest that i was waiting during the year of 2023 has just been met . Even though i expected that retest to occur during the may or june of 2023 at 40k level, bitcoins price has just hit 47k in cme whilst on other exchanges it remains at 46k level . I do believe this is bitcoins final push to the upside ,and this is a major sign for more downside to come . Now...
I think btc might go and close a cme gap 44.7k and then start reversing to the downside. I still think btc could go as low as 20k.
I think a drop at that region is a must , also 39.5k is a region where a gap has been formed in cme futures.
Targeting that lower level at 39200$. Also weekly closure is tonight , so trying to be careful at this region because manipulation is around the corner .
Trying to catch a nice and easy move from gold . Historically gold has always respected a 78.6 retracement from ATH in 5min or 15min timeframe. Waiting for the markets to open and then i am striking XAU/USD.
My target is 2025 and then gold might continue its way to all time highs.
Short from 38500 and targeting that lower limit of 37000$ region. Risk 1% .
Target 34100 -34400. There is a cme gap at that region. Patiently waiting for that target . I think tops and bottoms are the same , they never look like it is going to be a top or a bottom . When most people think 42k is next , i think the opposite.
Aiming for 38.2k region and then i will start executing short positions.
Nice bearish formation in 15min chart Waiting for 36300$ region . I think thats the level where btc should close this week so that it continues to go lower in a higher timeframe . Still think 20k is possible before th halving event occurs.
Short from 1915-1920 region. Shorts from this region are a gift. Hopefully gold will reach that level , and i will enter a big short position.
Wheat is forming a bottom , especially in daily a double bottom has already been formed , also a wedge formation is looking really good , waiting for bullish 2024 .
I guess now is the right time to short btc Euphoria is at ATH . Just shorting it because of twitter ,many people turned bullish now . Just gonna leave this here. See u at 20k
35k is more likely to hold , shorts from this region look good. Fake news pump will be forgotten after 2 or 3 weeks . Lets see. There is also a Cme gap at 20k region .
Another push in to that zone and we will catch a nice short. 30k is a strong resistance and it will be hard to break , i believe that will be the turning point . 20k and 18k are still in our cards.
Eur/usd is ready to break from the downtrend , using fib extension we can see how high it will go.
Retest the broken trendline at 27.9k where there is a cross interesection on 19th and 20th of october and then btc might fall at 25k area.
There is a nice retest of a broken trendline in daily timeframe which also indicates that btc could easily climb toward 27.8k. But for now my eyes are on lower timeframe and my next short term target is 27.2k