MA3Trader

We expect the Bitcoin price to drop to the lowest channel line. This is due to the descending channel, and the price is repeatedly failing to break above the upper side of the channel line.Set Breakeven.

Gold has broken the previous trendline channel (blue channel) and is now retracing back to the trendline channel. We expect the price to go down after the retracement is complete. But where will the price stop and start to reverse? We think that the pattern will form a Quasimodo pattern, where the price will hover around 2330-2337 before dropping to the minimum target level of 2282. The stop loss is at 2342. Good Luck!This idea is still active. But unfortunately, our entry price is still not trigger.Our entry price triggered.Hit Stop Limit. Sorry guys. The price did not reach our target.

For BTCUSD, the price has broken the H4 trendline, and we expect that the price will retrace to the Fibonacci 0.382 level before continuing to drop to the Fibonacci 2.618 level.

It looks like the price will drop at the current resistance (area 2739), but the previous price trend seems to be accumulating, which will likely result in a small upward price manipulation. The probable sell zone would be at the upper level (area 2385-2387).Price starts to break the resistance.Hit Stop Loss.

Gold has bounced back to the all-time high (ATH) zone, and there is likely to be a bearish trend this week. The target zone for selling is around the colored block.This idea is only for the short term. The long-term outlook remains bullish.

It is probable for gold to touch the highest price zone again. Therefore, we predict that the price will bounce back to that area. The proposed buy zone is around 2344-2347.achieved.