BTC showed the faking pattern thesedays to fool all of you. The major could make this wave more and more but the final goal is down to 20,000. Even few famous traders have been punished with this foolish bull pattern. Let's keep waiting.
crude oil was in very much danger this week from the beginning. However it reached to the safe zone. Which means next week will be very bullish to crude oil. EU couldn't make deal to ban russian oil. But eventually they will succeed to ban russian oil by negotiate with Hungary.
There is no chance for BTC to grow power back. This is serious momentum that traders won't have hope for cryptocurrency anymore. 20000 dollar is my target. Good luck traders. I will update more when it reaches to my target
EU failed to do sanction on russian oil. FED's raising interest rate would push the commodity price to go down further more. MACD already lost it's power. WTI would need more time to grow back again. 85-87 is my tareget from now on. I will update more when it reaches to my target once again.
BTC used a lot of energy to go upside this time. Exhaustion of force will make to short BTC. This time the downside trend will be very hardcore. I will be fearful and stronger . 45000 will be the strongest resistance point.
WTI is considering to be bearish in short term. I don't mean this momentum will create bearish cycle to crude oil. EU is dealing with Hungarian government to do sanction for russian oil. Only matter of time to close the deal. But it will go down until it makes perfect negotiation. MACD is also decreasing. Target to 97-98 around. I will analyze again as...
War is about to face agressive momentum soon. This momentum would disturb the entire market shaky. Target price has extended from now on. More down forecasting. Bollingerband switched to the falling trends already.
There's rumor that EU is planning to ban russian oil until year 2027 gradually to zero. MACD is forming to a right line. As soon as 5 days MACD goes to the top level again. it's time to see another rally of WTI US oil. Price will continue to grow and it could create oil crisis sooner or later. Shanghai and Beijing is trouble with lockdown also, Chinese...
34000 is my target. This is very difficult market. MACD is keep changing and FED is talking about crypto currency a lot. This would make a lot of noise for the BTC. I would not recommend you to trade at this point.
Banning russian oil will create powerful price momentum for the WTI. This banning is very dangerous to our economy but president Macron has the key. I think Macron is going to be a next president of France again.
I made a bearish analysis last time. I am still bearish in general but Chinese bank's RRR decreasing would create bullish move. MACD and stochastic energy is creating some force also. 50,000 is my short term target
I predicted upside and I was right for now. But I see some major correction coming from now on. The reason is ECB's move and asain markets are hawkish with interest rate. This will press the oil price shortly. But it will go back to upside again.
ABC pattern is finished. Elliot wave will create new powerful upside. Long investors gave up a lot also. The major group can develop to next level of price this time.
MACD's power is losing very much. I wish to see more upside even I think it would crash. However, BTC will fall again.
I see some great buying opportunity for the BTC. The trend of BTC is falling trend. However it reached to the over sell period and BTC will go upside until end of March. Let's buy some dip. it will be good buying point aroudn 40,000 to 39,500. Do not hold more than 45,000. Takeover your greed and take it until 45,000. This is the final opportunity before...
This time analyzed with 1hour candles. MACD is getting more supportive and stronger. This bouncy pattern will lead us to 45000 until the end of March. Good luck traders.
Biden's new policy of releasing preserved oil could be effective if the war finishes earlier. but it seems to be long run. Also the monthly candle is pointing out the edge high to upperside. This energy and circumstances will create new high for the WTI oil.
WTI made remarkable pulling back to gain some powerful energy to create enormous volume again. This will create another energy crisis this year.