BNHAgain that is the great time to consider bnh just believe the chart.
Chart never lie
RSI up
BB open
Macd crossover
And etc
1400
ETHUSD long viewEthereum is moving inside a triangle with support from the lower side, and now we need a break above the upper line of the triangle to continue to the bullish side.
GOLD to 1400???"The Bank of Russia, the country’s central bank, has surprisingly announced a fixed price for buying gold with roubles" - The Conversation 05/04/2022
Announcement: 5000 Rubles per gram tied to Gold! - As of March 28 2022
Just an insight of how this may impact the price of Gold:
There are 28 grams in each ounce. 28 grams for 5,000 rubles per gram is 140,000 rubles.
When we analyse the conversion rate of rubles into US dollar; 100 rubles, 90 pounds, for each US dollar.
If the rubles are tied to gold at 5000 rubles per gram, and there are 28 grams per ounce, which means that an ounce of gold would cost 140,000 rubles, then the conversion into US dollars means that gold costs 1400 dollars per ounce when used the rubles, instead of 1,928 dollars by ounce using the dollars.
Russia just wiped out about 30 percent (30%) of the US dollar worldwide when it comes to gold ingots.
People all over the world are literally throwing their money on the ruble and throwing away dollars and euros to do it.
Now, when we look at price we can see key reversal signals with strong Demand zones around 1550 and 1400. Personally, I believe these levels will be met!
SLP, 1400% gain?People said me 2 months ago that I'm wrong on SLP. It does not matter who is right or wrong right now. Let's look at SLP neutrally even though it's called as "shitcoin". Chart reading and indicator shows that it could go up. Possible max gain would be: 1400% from the red support line. Good luck in trades, buddy.
Tesla breakout in mid august?If tesla is in a triangle and breaksout in mid August between 10-12 (note that last years stocksplit announcement was in 11 August.) then I would say Tesla would rapidly go up until the beginning of September and then drop again just like last year. That would mean my projection of $1400+ would be reached in 2 weeks which Tesla is know for having done before. Tesla follows the wyckoff pattern and has done a massive accumulation for many months now and will cause an even greater markup to distribute the bought shares by smart money at the top. Elon musk said that the company would perhaps have their company meeting in late July or early August which means that something could be decided then which could spark a move up.
This is not Financial advice only speculations.
Please comment any thoughts
XAUUSDDear professors.
I think gold will have the fate of oil
A sharp drop like oil
Please give your comments ????
thanks a lot.
ETH broke channel and confirmed support, next $195 then $365?Ethereum has had a 2 year+ descending trend line of resistance which formed into a descending channel after June 2019 highs. The 6-7 month descending channel of sadness. But recently, along side BTC, Ethereum broke out of its channel and unlike the previous break which came back down into channel, this time we came back and confirmed top of channel as support. This is very bullish and suggests the next ETH run is about to happen.
Last June we saw a high of $365 so anything higher than that should be considered quite bullish. To establish a definite long term bull trend we need to break above the previous high of $1400. There is a chance we will see a top around $195 making this a 3rd smaller wave however, it feels more like we are about to test last June's highs on this run.
Calling for ETH run with notable resistance at $195 & $365 with breaking $365 seen as quite bullish with potential for continued run. Breaking $1400 indicates ETH could see a 5 digit face value in some years. I started buying ETH long at $.88cents. I sold the last of my ETH @ $1400 and then $900. I have started picking up a small long holding again. Its already a big market cap but it is the most utilized blockchain by the corporate world by far and they have a lot of great enhancements in the hopper. I dont see any other BAAS platform displacing Ethereum any time soon, same as no cash alternative coin will displace Bitcoin any time soon.
ETH correlates strongly with BTC so if BTC pulls back, expect similar of ETH. Always TA BTC when trading alts to have SA, its the most important indicator. If the market turns sour, consider re-entering position when ETH drops to bottom of that 6 month channel which right now is around $100. The market seems bullish as we prepare to make a major run across most crypto charts, many which have already started.
Also please consider looking at order book action for short and medium term trading, its especially helpful for swing trading and scalping. We have TV charts enabled at the moment though still working out some kinks.
vcdepth.io
This is not investment advice, you should always DYOR!
XAUUSD to 1400Fakeout here, buy retrace. Expecting two scenarios: chop on the first resistance, then dump, or pump up to the 2nd resistance and dump.
Gold after a small callback, continue to impact 1380-1400Face critical pressure position,
There should be a 20-30 US dollar callback,
It is estimated that gold will fall in Asia on Monday
1380 is a good point to sell
Each RSI more than 70, will face a certain degree of callback
xauusdwe will see more up to gold .
we are now breakout channel in weekly chart :) .
we are breakout downtrend .
