🚨 Technical analysis for $XAUT | 4-hour timeframe
🔹 Current price: 4,396$ 📈 (+1.00% in 24h)
– It moves within a clear upward trend, with continued formation of higher highs and higher lows, confirming buyers’ control over the overall trend.
– A clear breakout above previous resistance zones with increased positive momentum, reflecting the strength of the uptrend.
– The 4,088$ – 3,720$ area represents a major support / demand zone.
– Moving above the 50 level at 60.89 supports the continuation of positive momentum.
🔼 Bullish scenario (uptrend):
If it holds steady and breaks above 4,472$
🎯 4,659$ – 5,032$ – 5,535$
🔽 Bearish scenario (downtrend):
If it breaks 4,376$ with a 4-hour close
❌ 4,088$ – 3,720$ – 3,274$
📌 Note: Any pullback toward support zones is a potential opportunity within the uptrend.
⚠️ Disclaimer: This analysis is for educational purposes only and does not represent financial advice.
For exclusive crypto news and updates on other markets, follow us
@AR_cryptonews
🔹 Current price: 4,396$ 📈 (+1.00% in 24h)
– It moves within a clear upward trend, with continued formation of higher highs and higher lows, confirming buyers’ control over the overall trend.
– A clear breakout above previous resistance zones with increased positive momentum, reflecting the strength of the uptrend.
– The 4,088$ – 3,720$ area represents a major support / demand zone.
– Moving above the 50 level at 60.89 supports the continuation of positive momentum.
🔼 Bullish scenario (uptrend):
If it holds steady and breaks above 4,472$
🎯 4,659$ – 5,032$ – 5,535$
🔽 Bearish scenario (downtrend):
If it breaks 4,376$ with a 4-hour close
❌ 4,088$ – 3,720$ – 3,274$
📌 Note: Any pullback toward support zones is a potential opportunity within the uptrend.
⚠️ Disclaimer: This analysis is for educational purposes only and does not represent financial advice.
For exclusive crypto news and updates on other markets, follow us
@AR_cryptonews