Greetings to all $BTC (Update) $PAXG
First of all, my view of the market trend has not changed in its downward path since 09/27/2024. I extended the downward pattern until next Friday 10/11/2024, with the same size of the decline listed on it from that date.
#الذهب In the formation of the daily candlestick movement last week, it was negative. The mathematical chart calculations actually give a negative and strong direction for correction after the peaks it achieved over 6 consecutive months.
#البيتكوين Its movement and hesitation the previous two days were hesitating as I mentioned to you in its last update on Friday, taking this upward path that is a correction to the decline that occurred last week, and until now it is not even considered a natural correction, but rather less than that, hesitating as if it is waiting for a friend whose movement is gold to take the same path and return to it with the opening of trading on global markets after hours ⏰.
‼️ ‼️ The important thing is that we need these two conditions for each of them to achieve the model:-
*** We need gold to close tomorrow, Monday, below the $2620 area to confirm the direction of the path for it.
*** Bitcoin opened a candle 🕯️ 4 hours 🕰️ just below the support area (green) $60300 Fast and strong trend towards the resistance of $56552
The market positivity mentioned to you for Bitcoin previously from last Friday, is the opening of a candle 🕯️ one day above the resistance of $63469
My friend, your understanding of the published content with awareness and perception, God willing, will be a reason for you to understand the market direction and make your decisions to enter and exit it safely
Good bye