linofx1

📈Ethereum has successfully broke above an important daily resistance level today. The next major resistance is base on the All Time High. I anticipate the market will continue to rise towards the 4800 level, but I prefer to wait for a pullback to buy on a retest of the broken structure.

Following a breakout of a significant horizontal resistance, 📈Gold retested this level and formed an ascending triangle on the 4-hour chart. A bullish breakout above its neckline serves as a crucial intraday confirmation of strength of the buyers, suggesting a potential rise to at least 3430 support level.

Gold experienced strong bullish momentum on Friday, breaking above a minor daily resistance with a confirmed Change of Character (CHoCH), suggesting a potential continuation of bullish trend. Retesting the broken structure, the price formed a rising triangle on an hourly timeframe, with a breakout of its neckline serving as a strong intraday bullish signal. I anticipate that the bullish trend will persist, targeting 3400.

I spotted 2 important price action confirmations on 📈ETHEREUM: The price has surpassed a resistance line of a bullish flag and established a confirmed change of character (CHoCH) on the 4-hour chart. I believe the market will maintain a bullish trend, with the next resistance at the 4000 level.

GOLD has fallen significantly and closed below an important support level. The broken structure has now become a strong resistance. I anticipate further downward movement, with the next support level at 3262.

I've identified two significant breakouts on 📉GOLD. The price violated a crucial intraday horizontal support and a major rising trend line. These broken levels now form a contracting supply zone, suggesting that the price could continue to decline. Target levels are 3314 and 3289.

It looks like Ethereum has completed its bearish correctional movement. Analyzing the price movement on a 4H timeframe, the market formed an inverted head and shoulders pattern on a retest of a horizontal support. The neckline of this pattern is broken, which suggests a strong likelihood of a bullish trend resuming, with the price expected to reach the psychological level of 4000 soon.

GOLD could retreat from the highlighted resistance level. I observed a horizontal trading range pattern following a test of significant intraday resistance, along with a breach of its support level marked by a strong bearish candle. Target - 3400.

I spotted a clear ascending triangle pattern on a daily time frame. To validate a bullish continuation, we need a breakout above the neckline. A daily candle close above 3370 will serve as a strong confirmation, and we can expect a move up to at least the 3440 resistance level.

📈 GOLD shows several bullish signals on the 4H chart. Initially, the price surpassed and closed above a resistance line of a bullish flag pattern. Following that, a confirmed Change of Character (CHoCH) took place. The price appears poised for further growth, with the next resistance level at 3360.