BINANCE:ORDIUSDT :
Ordi has been trading within a range for the past months now without making any significant moves either to the upside or to the down side. Looking at the price action of ordi we can see that it has been trading within the price area of $48 to the $96 area without creating any significant high or low.
Also if we take a close look at the...
Looking at the price action of BITCOIN, we can clearly see the finding some difficulties breaking the 61.5k support levels. Also if we look closely to the price action, we can see that Bitcoin is forming a bullish triangular pattern which us a clear sentiment for a price continuation to the upside. Nevertheless, we can the price of Bitcoin retracing around the...
Looking at the price of GOLD from the previous weeks we can see that Gold has been trading with a rising wedge pattern which indicates bearish signal. Also looking at price movement we can also see that the price of Gold got rejected at the 2080 area and price dropped to the 2025 area giving us a third touch of the the rising wedge pattern and price also got...
If price breaks above this resistance area we should see the move of to the 1.31 to 1.42 areas which also a significant supply area for the market .
From my expectation right now am expecting the price to move down toward the 1.24 area to fill the monthly price imbalance (fear value gap)
