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Alex E
Alex E
Good morning, everyone! Happy May 20th hope all your confessions get a yes and you find your special someone today! Let's dive into the markets. Last night was steady BTC and ETH followed our expected bounce after the correction. Our long entry at 76200 hit perfectly resistance aligned and we peaked at 77042 in the late hours. First target locked in at 700 profit no issues. Now holding base positions to protect capital and watch for more. Gold trade at 4485 hit 4515 we took profits or exited completely. Both calls were winners. BTC support at 73300 resistance target 79750 key levels remain 75475 and 78425. Range is tightening which means a breakout is coming soon. Staying above the lower key level keeps us bullish. Any deep dips are buying opportunities the closer we get to that major support. ETH support at 2000 and 1850 resistance target 2225. Key is breaking above 2100. If BTC holds ETH follows. Deep dips are opportunities. SOL support at 83 and 77 resistance target 89. SOL has corrected heavily consider accumulating some spot. Gold we took profits last night now its retesting lows to shake out weak hands. The volume on the drop is lighter suggesting this is a final washout. Reason the Fed rate hike probability for year end jumped to 80% strengthening USD. Plus gold has massive profit taking after 2 years of gains. Oil is getting more attention from regional conflicts. Gold is short term only avoid heavy positions. Today watch for BTC and ETH recovery opportunities. Protect your capital on every move. If a dip doesnt break your stop and recovery looks good base positions will bring nice profits. BTC ETH SOL XAU

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