If we look at the daily gold chart of the ounce, we see very clearly a descending peak and Fibonacci peaks here. There is a Fibonacci channel at 2790, it makes a peak here. It falls to 2530 - 2570, that is, to the 89-day moving average, then jumps to 2721, this is a Fibonacci resistance. It makes each Fibonacci resistance resistance. When it comes to each peak of the three Fibonacci channels, it has seen resistance in each of them. The first resistance is at 2790, the second resistance is at 2721, now it is also making resistance, there is a loss of power here, but the trend continues. Now, if you ask which is valuable, the real thing is the trend. Therefore, the 2530 - 2580 region is still important, staying above it is still positive, but momentum and confirmed upward movement, the transaction discipline I call confirmed long will start above 2697. The result is the 2697 - 2590 band waiting zone, sleep zone, the relative balancing zone of the 2530 - 2720 exit. 2590 can be followed as intermediate support, 2530 as the main support again and again. I especially prioritize the possibility that all pullbacks towards the 2590 2530 regions may be a relatively eroded cost zone.

This means that if it gets pressure towards 2590 and 2530 without exceeding 2697, a stop control will be made there and the discipline of reading this chart as an opportunity will continue. Therefore, if it is above 2697, the correction formed by 2721 will end. Above 2697, the ounce goes hard to 2735. Then it will no longer stop at 2790 and go to 2833, the rising target of the channel. In fact, it will target the same Fibonacci channel, but since the curve is rising, the target will be 2833. Short note: All pullbacks towards 2590 - 2530 can be read as a feeding zone, balancing zone, relative cost zone with the dynamic of making 2697 and then 2735 as the short target and 2833 as the main target in the ounce of gold in the short term. In other words, if it drops to 2530s without passing 2697, the graph should be tickled. Below 2530s, the ounce turns into a downward discipline. In my opinion, the movement from 1800 to 2700 is over for me. A new opportunity process begins for a new medium-term exit, but it will be suppressed. If you ask whether you expect below 2530, it may be 2530, but I do not expect permanence below it.

There is a 1.5% increase in the ounce of silver, there are prices that almost pass the 31 dollar levels. It spoiled the squeeze it made from $31 to $26 by passing Fibonacci 78.6 and reaching Fibonacci 1.618. It settled down in the $31 to $29.80 region where the downward trend passed from $35. They make a double bottom on Fibonacci 61.8 and tilt the chart to the right. As a result, the decline from $35 to $29 is a risk for me at 28.50, we will read that as an additional cost region. Towards 29.80 - 28.50, this balancing and consolidation to the right here started a horizontal consolidation in a way that will target 31.80s shortly and then 33 and 35s again. This may remain in the 31 - 29.80 band for a while longer. I, who says it is dangerous to make this chart a new cost at $35, start the discipline of reading this daily chart upwards with a target of 31.80 - 33 as long as it remains above 29.80 28.50. Putting the risk of 29.80 28.50 in my pocket, I do not expect it, but in order not to be surprised if it decreases, to accept risk management, I especially wait for a movement in silver towards the levels of 31.80 - 33 as long as it remains above 29.80, the waiting period is 15 days.

Bitcoin weekly chart continues its strong image. It is going very strong, we have two Fibonacci. One is horizontal Fibonacci, one is impulse. In both of them, the spoiled phase continues at a terrible point towards the level of 1.618. There is a very serious spoiled. Here, the horizontal correction is 102000, which corresponds to 1.618 from Fibonacci, the target from impulse is 106000 and if you pay attention to the bars right now, it wants to go there. But while it is going there, we feel the pressure of those Fibonacci levels from above. They hit the heads of those magnets. Think of it like if you bring two same poles close to each other, they repel each other. The one below wants to go and the one above pushes it, saying don't come, I will come. Bitcoin's short targets continue in the 102000 - 106000s. The target area of ​​102008 - 106444 works dynamically and continues to stay at the target. Now, the target here is 102000 and 106000, but while reading this chart, the risk management and position management disciplines of those who have a position and those who want to take the position should not be the same.

Now if you are in the game, you put a stop in a region, you continue to wait for 102000 - 106444. But for a position that is wanted to be put on the field by the trainers, that is, to be put on the field in the direction of buying, it needs to be very controlled. The reason is that we have moved very far from the 8-week moving average. The price goes up because there is a trend. Let me explain with an example, it goes from 35000 to 69000 terribly, the weekly moving average remains below. First it takes it horizontally, but then the rhythms are disrupted within the horizontal, downward pressure begins. Now there may be that risk here too. The result is a very clear figure in terms of parabolic trend, 84500 for the medium term. Now, the investor should not say that we are at 96000 - 97000, you are saying 84500. I am aware of what I am saying. I am aware that I gave a price 10000 dollars below, I gave a support, but the price is spoiled, what can I do? The investor is making this mistake. You put a stop at 92000 - 94000, when it breaks it goes down to 84500, it returns without breaking here, you may be a wrong stop in a relative sense.

What I want to say here is that this movement that has been occurring since the needle at approximately 49000 is over. Correction is starting in Bitcoin. But a serious correction is starting, it will happen if we return to below 84500 with discipline. If the parabolic trend here in Bitcoin breaks 84500 under 84500, they will react occasionally and lower it in a zigzag manner and correct it. In this sense, let's continue to follow Bitcoin, which continues to stay above 84500, with targets of 102008 - 106444. Let me also give some advice to investors who will make new costs. They can either follow the 8 or 21-day moving averages as stops and wait for 102000 - 106000. If the 21-day moving average is broken, the pressure here will be aggressive. But if the investor sees a short-term major movement below 84,500 with the 8 or 21-day moving average, they can tie the main trend to a stop in risk management.

Ethereum fell behind Bitcoin. Ethereum investors are relatively unhappy right now. They fell far behind, so the balance between them has opened up. We have reached a critical level here. We have met the falling trend that was approved very seriously. As a result, Ethereum should jump the 3810 and 4041 range in order to put the trend that is narrowing towards 4869 - 5923 into the spoiled phase. If it jumps, it will get rid of the horizontal zone of about 2 - 3 years and a movement that we can talk about 4869 - 5923 or even 7000 will be triggered. The current positions can be held until a one or two-day close is seen above the 3810 - 4041 region, but it may be necessary to be controlled against the risk of remaining inside the triangle unless it is passed while making new costs. $ 3000 can be followed as short-term support, and 2480 as a medium-term and strong support. I read this weekly chart above 3810 - 4041 with an upward trading discipline of 3869 - 5923 by placing a stop. I can also read the declines to the 2480 region with $ 3000 without passing 3810 - 4041 as a relatively cost region.

Ripple is heading towards the gold rate. The wick did not reach the gold rate, it saw 2.87, the gold rate is at 2.99, that is, there is a gap of 0.12 cents. But it continues upwards. It has made quite a back and forth in the process between 0.30 and 070 cents. It has its court here, everything is in the price. A valuable crypto in terms of crypto for 3 years, it slept for a long time. Now I put you to sleep, wake up, I woke up, I put you to sleep there, I slept, I am giving the fruits to those who are waiting for me, he says. He did not leave many opportunities for those who wanted to buy. This is how things are in cryptos. Bear markets are long and spreading in time. They give you wherever you buy. Bears are horizontal and long, bulls are short and fast. There is an example of this, Ripple. I do not know where this will end, and no one should say I know. Possible targets are certain, but there is only one fact I know. This weekly chart will return with the angle it goes, this is a story I know. Let's put that aside. The result is 1.97, pay attention to its old peak. As long as it stays above 1.97, the chart can continue to be read relatively upwards as a discipline. As long as it stays above 1.97, $3 will continue to be the target.

But pay attention to the moving averages. 5 and 8, namely even the minor major moving averages, remained at $1.5, left behind. In other words, 100% moving averages remained below. Now, if this movement spoils 2.99s, it will come to approximately 1.90 - 2 region in the moving averages at 1.5 and 1.10. Here is what the investor will do; As long as it stays above 1.97, the spoiling can be followed upwards towards 2.99 and 4s. What I will advise here is that if it falls below its old peak, if it falls below 1.97, Ripple can probably be filled towards 1.5 and 1.10, 5 and 8-week moving averages. So what to do is, if it is above 1.97, continue towards threes, if it exceeds 3, pull the stop from 1.97 to 2.42. As long as it stays above 1.97 right now, continue upwards towards 3-4. If 2.99 was passed and it gave you 2 days above it, you can either pull the stop at 1.97 to 2.99 or pull it to 2.42 to save yourself from the risk of a decline. If it passes 3 dollars, it has the potential to go up to 4.66.

The information, comments and recommendations contained herein are not within the scope of investment consultancy. Investment consultancy services are provided within the framework of the investment consultancy agreement to be signed between brokerage firms, portfolio management companies, banks that do not accept deposits and customers. The comments in this article are only my personal comments and these comments may not be appropriate for your financial situation and risk return. For this reason, investments should not be made based on the information and comments in my articles.