GoldCartel

I currently see a large Ascending Broadening Wedge pattern on the H1 Time-frame and a small potential channel. Based on the pattern, I reckon Ninja will potentially retest the bottom wedge line as long as it stays inside the white channel. This week, we need hints from the high-impact incoming US data to decide whether we will buy at the bottom wedge line targeting 147 or keep selling if the price breakout below the wedge line until 139. If we see DXY , It seems to have already reached the "TOP" chart attached below But unfortunately, JPYX is still crashing badly

Finally, DXY reached the 17 Years Resistance. This resistance was tested in November 2005, December 2016, and September 2022. Powell will speak this week, and many incoming high-impact US data this month. The question is whether DXY will break or rejects the resistance ? If DXY rejects this resistance, I reckon it will fall deep to 102, and if DXY breakout above, the potential target will be 120. Currently, I reckon DXY will rejects, but time will tell. Invalidation: - This short sentiment analysis fails if the price breaks above the resistance.

My chart shows that potentially there will be incoming big news, either from the US or Europe. What news? I don't know. EURUSD has been crashing since May 2021, approximately 17 months. A potential substantial falling wedge pattern is forming on the weekly time frame (Chart attached below). If the price rejects the bottom falling wedge line, I reckon EURUSD will climb to at least the upper weekly falling wedge line. Invalidation: - This analysis fails if the price breakout and close below the weekly falling wedge line PS: - Keep in mind that this analysis is based on the weekly time-frame

Currently, I see a potential channel, and the price right now is precisely at the upper channel line. If the market needs a retracement or maybe a reversal while waiting for the NFP data this week, I reckon USDJPY at least has to fall to the Moving Average 50. I don't know if the price will break above the upper channel line; what I know is this price zone has the best risk-reward ratio since it is precisely on the upper channel line. The NFP data might change the outcome of this analysis, maybe USDJPY will break the upper channel line, or perhaps it will keep falling to retest the bottom channel line; time will tell. Invalidation: - This analysis fails if the price breaks above the upper channel line.

Will Bitcoin fall to zero ? This analysis is only based on the technical analysis of the daily and weekly time frame If you have been following me since years ago, you know that I predicted the September 2020 Rally (chart attached below, and the complete analysis attached link) The incredible rally started on September 2020 and continued until November 2021. It started at 9800 and reached its summit at 69000. It was a double the top at 65000 and 69000. What led to Bitcoin crashing is partly due to the greater economic downturn. And then secondarily, you've seen several crypto companies that have recently filed for bankruptcy; many of these crypto companies took on too much risk, which led to them imploding as the price went down. Based on my daily time frame, Bitcoin Broke the first Down trendline on September 2020 (See the red line on the chart). That red down trendline hasn't been retested yet. As you know, all the breakouts need a retest. So when is the retest? And at what price will the retest potentially be? My chart shows that potentially the retest will be on March 2023, and the retest price at ZERO. Right now, we can see a bear flag forming, and the price is precisely at the bottom of the bear flag . We also can see the Neckline at 30k area. So the question is, is Bitcoin ready to break below the bear flag? Or will Bitcoin go up to retest the Neckline? Valid: - This analysis is Valid as long as the price stays below the Neckline, and this analysis confirms if the price can break out below the bear flag . Invalid: - This analysis fail if the price breakout above the Neckline