princekumar909728

princekumar909728

I have been bearish on gold for the past 10 days, primarily due to several reasons, with the main one being the price action on the chart. If you examine the chart, you'll notice a significant pattern: when the price reached its all-time high and then declined, strong buyers quickly pushed the price back to the all-time high within just 20 days. This rapid...

princekumar909728

The chart shows an uptrend, but the volume and RSI indicators suggest bearish signs. Buyers seem hesitant to purchase at the current level, likely because BTC has been in an uptrend for a while. They are waiting for a pullback before entering the market. Therefore, I believe BTC might undergo a short-term correction.

princekumar909728

The chart is looking bullish for several reasons. Firstly, the RSI (Relative Strength Index) is rising quickly, indicating increasing momentum. Secondly, there's a noticeable uptick in volume, which supports the price movement. The main reason for my bullish outlook is a simple price action pattern I've observed repeatedly. When the price hits a support level...

princekumar909728

The chart is looking bullish for several reasons. Firstly, the RSI (Relative Strength Index) is rising quickly, indicating increasing momentum. Secondly, there's a noticeable uptick in volume, which supports the price movement. The main reason for my bullish outlook is a simple price action pattern I've observed repeatedly. When the price hits a support level 3-4...

princekumar909728

Current market indicators suggest a bearish trend for Bitcoin, with technical analysis pointing to a potential correction of approximately 20% from current price levels. Historical Context: Examining the cryptocurrency market's performance over the past seven years reveals a notable seasonal pattern. During summer periods, the market has exhibited a bearish trend...