
XAUT (Gold) shows its bullish potential as a safe haven amidst global uncertainty. Technically, gold is currently testing its support level around $4,770.
A bullish confirmation with the breakout of the 21 EMA of the 1-hour timeframe will potentially take gold up to the $4,870 level and close to $5,000.

Potential Buy/Long Setup XAUT:
Important Notes:
Always apply risk management and capital management with discipline. For trading, especially those using leverage, we recommend using a risk per transaction of: 1% of total capital.
Bitcoin is showing rejection from its key resistance area at $76,000, coupled with the breakdown of the 21 EMA on the 1-hour timeframe. While the structure on the 1-day timeframe still shows upside potential, there is a potential correction on the smaller timeframes that could result in a drop for Bitcoin to levels around $73,000 and $70,000.

Bitcoin Sell/Short Potential Setup:
Important Notes:
Always apply risk management and capital management with discipline. For trading, especially those using leverage, we recommend using a risk per transaction of: 1% of total capital.
ETH showed rejection from the resistance level at $2,386 plus the formation of a lower high and the breaking of the 21 EMA on the 1-hour timeframe signaling further downside potential for ETH.
If the decline continues, ETH is predicted to drop to test its support at $2,180.

ETH Sell/Short Potential Setup:
Important Notes:
Always apply risk management and capital management with discipline. For trading, especially those using leverage, we recommend using a risk per transaction of: 1% of total capital.
Share
See Assets in This Article
BTC Price (24 Hours)
Market Capitalization
-
Global Volume (24 Hours)
-
Circulating Supply
-