Bitcoin has a nice bull run during 4th quarter of 2020 , it may be due to weakening of Fiat currency like USD ,.. and other factors
Smart investors are pulling their capital to CRYPTOCURRENCIES while Bitcoin is the first choice
For now , it's late to chase BULL run , keep patient and we will get chance at cheaper level
(Still bullish on long term , 35000 will be...
Whenever we Analyze or Trade we need to pay attention to BIG Picture ; for me chance of Bouncing up for this stock is rather high
Fact 1 : Long term Uptrend line is still intact and already shows sign of Strength still persists
Fact 2 : Notice of 24 December , Market response extreme reaction with Ultra High Volume bar , it's major sign of Strength . Smart money...
OANDA:XAGUSD
During recent weeks we had seen Bearish pressure showing hands /
At the moment we can see the price is testing high volume clusters ( a place where strong holders are actively participating )
if this level holds we can see more bearishness of XAG soon
As you can see from the screen , Commodities like gold and silver they almost move along the way with each other from the start of the COMMODITIES EXCHANGE . At the moment Gold had been travelled so far even to historically high level ( Near 1800$ ) due to enormous buying of physical GOLD , SILVER had been lagged behind during recent years .
Will SILVER be rising...
After some minor downward retraces , I am start to seeing signs of Bullishness coming into the market
In near future it may retest nearest resistance zone in my opinion
I am bullish for this pair at the moment
Tesla has been in Strong bull mood for a number of days .. But now they are reaching strong overbought zone
which may now act as a Resistance for higher prices !!
As the price reach this Strong area again We can expect some Ranging movements for period and Bearishness may encounter
China Haidilao has been in Up mood during recent weeks .
I am in Bearish bias as long as the resistance zone is holding . I forsee 32-33 $ will be reach sooner or later
Let the bull take a rest
Aussie is moving steadily with higher high and higher low structure
Though market is weak at the moment but in long term it will go higher in my opinion
Wait for bullish Price action to shows up !!
Bitcoin has been in sideway mode for a time being , and they gonna test 9500 region sooner or later ;
$$ Keep in mind of 9500 region is a strong support and dominant trend is still bullish $$
I will turn my Bearish bias only when 9500 region is breakdown strongly /
at the moment i am slightly on bearish bias !!
The above is just my opinion only mind your own risk as well
At later part of last week we gonna see double pin which is testing to move higher but failed , even second candle also become inside bar of previous candle ;
Both EURO and USD are weakening at the moment there can be sideway for a time being ; but in longer term I am in bearish bias for this pair #
This is just my opinion for this pair and do your own risk...
I forsee around 13108 region gonna reach soon
Yuan is showing signs of weakness at the moment
but nothing is 100% guaranteed / we should have proper risk management /
