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GOLD'S BULLISH BREAKOUT FROM A PENNANT IS PROMISING .
Gold's bullish breakout from a pennant pattern is promising. A second retest forming a double bottom 'W' could signal a buy opportunity.
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Double scenarios are possible on XAUUSD
Happy New Month TradersMarket Opens in few Minutes timeAbove is the outlook on Gold for the week
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XAUUSD OUT LOOK
GOLD seems to have bounced on a strong zone, it has been trading inside a bullish flag which is a strong bullish signal. The overall bias is still bullish as there is no good sign of bear movement yet the trend is still up in 4hr and daily time frame .
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SOLUSD OUT LOOK
SOLUSD broke out of falling wedge in 1hr time frame. Meanwhile, it portrays a strong bullish bias. nice buy opportunity is possible if the analyzed scenario unfolds .
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POSSIBLE BULL SET UP ON ALGOUSDT
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POSSIPBLE BULL SET UP ON LINKUSDT
LINK broke out of consolidation phase . IT also broke out of downward counter channel and 15.27 resistance level signaling a potential upward movement. If price eventually break out of the main channel ,the bullish trend will hold.
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RIPPLE IS ABOUT TO FLY
Ripple is about to fly to 3000.00. strong bullish flag spotted
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A CLEAR SELL SET UP ON XAUUSD(GOLD)
XAUUSD IS currently trending down , uptrend is clearly broken .we are patiently waiting price to retest the trend and order blog for a potential sell opportunity.
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DOUBLE SCENARIO ARE POSSIBLE ON BITCOIN
Double scenarios are possible on bitcoin.If price eventually break above the trend-line, bull run will automatically be activated on BTC, But if bounced on the trend line and give a strong bearish signals , the down trend might continue.In general sense: BTC has a bullish outlook as it is trading inside a falling wedge. Double bottom happened on the support level accompanied by bullish engulfing candle , that’s a bullish signal.
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A POSSIBLE SELL SET UP ON BTCUSD
Hey traders !86,208,.80 is BTCUSD’s new resistance level, the pair remains bearish until price breaks the resistance level. We are looking for a sell opportunity around that level , let’s keep observing and monitoring price movements.
Disclaimer
Any content and materials included in Sahmeto's website and official communication channels are a compilation of personal opinions and analyses and are not binding. They do not constitute any recommendation for buying, selling, entering or exiting the stock market and cryptocurrency market. Also, all news and analyses included in the website and channels are merely republished information from official and unofficial domestic and foreign sources, and it is obvious that users of the said content are responsible for following up and ensuring the authenticity and accuracy of the materials. Therefore, while disclaiming responsibility, it is declared that the responsibility for any decision-making, action, and potential profit and loss in the capital market and cryptocurrency market lies with the trader.