PrimexCapital

PrimexCapital

Gold showed a strong downtrend earlier and still falling long term for now at least. Expecting a bounce from level 2600.83 and if broken may likely fall further to the 2,548.84 area. That's a strong support area and may less likely break further. For now we suggest you find sell entry zones until the sell bias is generally weakened.

PrimexCapital

BTC reached an all time high and looks like it's about to hit $100k before new year. I do not suggest buying the top and wait for some exhaustion. before buying. We will be posting analysis to help out with solid entries for long term holds.

PrimexCapital

Bullish pattern formed here but not convinced until a proper breakout happens at R2 (0.073357). For now we remain bearish. All bearish signals will be called.

PrimexCapital

Gold destroyed our previous analysis because of the insane bullish momentum from last week's news release. And this changed the bias totally. Gold hit an important level @2650 as there is no previous or historical resistance above level, price might keep going higher until a new resistance is formed. Currently we are expecting a pull back to give new buy...

PrimexCapital

Two possible play outs here. Expecting a breakout at the R1 & R2 Zone ($600.473 & $635). Or a possible rejection from the R2 zone down to $472 area. Either way, one of these scenerios will play out before hitting $800.

PrimexCapital

Gold hit one new ath to another due to the interest rate cut(50BPS). Although we anticipate a bearish movement this week. There is a bearish candle formation that might just begin the bearish movement. Possible long term targets are $2,602 and $2,589. This should happen before the bull continues.

PrimexCapital

This seem bullish ahead of the FOMC numbers. infact alot of pairs seem bullish because a negative number is expected for usd. All roads leads upwards whatever happens.

PrimexCapital

Marked out all important zones here. Today gold bounced off the strong support at $2,474.650 and almost at the next resistance zone. I expect a breakout longterm as today's NFP numbers were worse than expected.

PrimexCapital

TON turned bearish a long time even before the news concerning the arrest of telegrams founder PAVEL DUROV. Ofc the price chart very often determines events, or events determine the chart. Expecting a dip to the $4.7 area and possible bounce upwards. A breakout won't look so good, as price will most likely drop to the $2 zone.

PrimexCapital

Finally broke our Tend line after multiple scalps. First target at 0.00000888 a break there and we will be hitting the previous range at 0.00001131. Also alot of pressure picking up so great time to hold.

PrimexCapital

Been a while since i saw a chart this bullish. a trend line break out with Just two resistance in the way. A weak one and a stronger resistance. My long term bias is bullish unless a major news hits. Remember bias change all the time.

PrimexCapital

Gold rose above $2,500 for the first time ever on Friday, shattering resistance zones. The price topped at $2,508 and closed with a bullish candle, signaling a strong upward trend. This strong momentum suggests that further gains are likely for the upcoming week, Several catalysts that indicates gold rising up to $3,000: 1) With interest rates on a steady...

PrimexCapital

This is for sure Bullish long term. Although we can spot some bearish movements but will definitely be short lived given the current market volume. Expecting a pump to 0.5919 level and if a breakout occurs, a further move to $0.6743. Yes Arbitrum can still hit $1 this year if bullish momentum holds.

PrimexCapital

BTC respecting the resistance ($61,141). Which isn't looking too good if it further breaks $54,359 level we will be falling to the $40k zone. Hopefully there will be a resistance breakout at $61,141 to the upside.

PrimexCapital

BNB looking bullish for a long term buy. Strong rejection on a support and now price is headed for 560.45. A possible breakout should also make a double bottom formation strengthening the long term buy.

PrimexCapital

Gold is currently in a very strong uptrend. Any sell setup at the moment won’t be wise. Expecting a new high before a dump. NFP news should accelerate the pump depending on the numbers. Always wait for market to react to your bias before you act.

PrimexCapital

Still bullish! I see BTC hitting a new ATH as the bullish flag formation is now broken signifying strong bullish sentiment. This move is being supported by the CPI and PPI numbers released this week which was bad for fiat and of course good for crypto.

PrimexCapital

Still bullish long term here. Although i sense a possible exhaustion. I've marked out two possible scenarios, in the end the price will most definitely hit the 151.937 point. Let's see how this plays out.