Bullish pennant formed on the 1hr chart, so we can possibly see BTC price rocket. However, I am slightly weary of a potential hidden bearish divergence forming on the 4hr chart. Will see how we get on. If we do break to the up side on the 1hr $12000 - $12500 is very likely, at least.
I have been watching this pair for a while now, I did actually sell when the price reached resistance on the 11th/12th of March and my positions are actually still open. I have marked out a few areas where I feel we may bounce from and these may be areas I will take profit and then look to re enter after seeing where the price moves to. I am annoyed at myself as I...
The gold weekly chart is setting up very nicely. Price has recently hit a resistance level where we can see consecutive lower highs formed. I feel the price will test the uptrend support line then make a break to the 1363 region.
I would personally say a buy is coming for the FTSE as you can see from my chart. The last few previous candles have been bullish signs so I am hoping we will break and firstly have confirmation over the monthky resistance line.