PhoebeBryce
@t_PhoebeBryce
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PhoebeBryce
BTC has broken out of a falling wedge and is now consolidating above the key $91K support zone.- Eyes are now on the All-Time High at $ 109 K.- Once that breaks, a price discovery rally toward $ 120k+Trading active
PhoebeBryce
- Falling Wedge in Long Time Frame- Completed " 12345 " Impulsive Waves and " ABC " Corrective Waves- Break of Structure- Symmetrical Triangle as an Corrective Pattern in Short Time Frame- Demand ZoneDon't trade emotionally, respect market uncertainty, and accept stop losses.I interpret world economic news, understand global investment trends, have in-depth research on gold, cryptocurrency, and foreign exchange, and give real-time ideas and current prices. If you are not doing well in trading or your investment is often shrinking, I can help you solve all these problems.
PhoebeBryce
Gold 4-hour chart shows a WXY correction pattern, a classic double zigzag (W)-(X)-(Y) correction pattern formed after a strong impulsive move.Wave (W) has peaked, marking the end of the first round of correction.Wave (X) has corrected deeply to the 0.5 Fibonacci retracement level and formed a potential higher low in the demand area.Now, wave (Y) is expected to appear, which is usually the same or slightly longer than wave (W), but more corrective.Target 1: 3291.258Target 2: 3371.405Stop loss: 3224.795Trading activeTrading active
PhoebeBryce
- Completed " 12345 " Impulsive Waves and " AB " Corrective Waves- Break of Structure- Descending Triangle as an corrective pattern in Short Time Frame- Support Level- Fibonacci Level - 50.0% / 61.80%Trading active
PhoebeBryce
We are keeping a close eye on the resistance level of 3260. If the market breaks above 3260, we will look for buying opportunities with a target of 3386.However, if the market fails to break above 3260 and shows signs of a correction, we will consider selling and may move down to the next support level of 3200.Trading active
PhoebeBryce
Price is currently testing the major descending trendline.A breakout and weekly close above the trendline would confirm a strong bullish continuation and mark the beginning of a new upward wave.Breaking the trendline = bullish confirmation.Failure to break = possible short-term pullback before another attempt.Next Target Levels After Breakout:1 : $118,4762 : $136,7533 : $161,132Don't trade emotionally, respect market uncertainty, and accept stop losses.I interpret world economic news, understand global investment trends, have in-depth research on gold, cryptocurrency, and foreign exchange, and give real-time ideas and current prices. If you are not doing well in trading or your investment is often shrinking, I can help you solve all these problems.
PhoebeBryce
- Symmetrical Triangle as an corrective pattern in Short Time Frame- Break of Structure- Completed " 12345 " Impulsive Waves and " A " Corrective Wave- Demand Zone- Change of CharacteristicsTrading active
PhoebeBryce
If the price does not break the 3270 area then I expect the price to enter the 3300 area and above... If the price breaks the 3270 area downwards, I expect the 3240-3160 area this week.
PhoebeBryce
In this analysis we're focusing on 1H time frame for Gold. Today I'm expecting bullish momentum and my bias was bullish. On the basis of SMC concept and price action when price reach my zone and give any bullish confirmation, after observing strong confirmation. I'll trigger my trades. Let's see what happens and which opportunity market will give us.This is a higher time frame outlook. Let's analyze more deeply in smaller time frame for finding ideal and crucial entry point. Confirmation is very important.Trading activeDon't trade emotionally, respect market uncertainty, and accept stop losses.I interpret world economic news, understand global investment trends, have in-depth research on gold, cryptocurrency, and foreign exchange, and give real-time ideas and current prices. If you are not doing well in trading or your investment is often shrinking, I can help you solve all these problems.
PhoebeBryce
Bitcoin is still struggling within the supply area identified in the analysis. It has not yet been able to gain a foothold above this supply area.A small pullback is expected, with support expected from the green box.Trading active
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