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Showing posts with label Technical Analysis. Show all posts
Showing posts with label Technical Analysis. Show all posts

Wednesday, May 19, 2021

#Bitcoin Falls Below $40'000, Red Alert on the Charts As It Breaks Through Critical Levels $BTCUSD $XBT


As far as #TechnicalAnalysis is concerned, Bad Omens All Around!

Bitcoin's price falls below the 200 Day Moving Average.  That's never good—especially when the 20 Day Moving Average breaks below the 100 Day Moving Average, signalling a "Death Cross".

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Tuesday, August 25, 2020

Bullish Pennant Formation on #Gold? Or will it break down? $GLD

Gold

#Gold trading in a tight range. Will the old high continue to serve as support and break out? Or will it break down, with a potential $100 drop in the cards?

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Gold or Silver?

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