MARKET UPDATE — OCTOBER 14
BTC RECLAIMS THE 83K ZONE
BTC:
+ Daily timeframe: Yesterday, October 13, after BTC was pushed down to a low of 80.985k, buyers stepped in at that level and drove the price back up to 84.134k. BTC closed the day at 83.125k, right at the upper edge of the SonicR cluster, recording a daily gain of +1.6%, equivalent to +1,312 points.
- RSI: Has reclaimed and is hovering around the 52 level.
- MACD: Remains weak, while the histogram is becoming less negative.
BTC TRADING SCENARIOS FOR OCTOBER 14
- Scenario 1: Consider going LONG if the price retests the 82.5k–82.7k zone; target: 84k–84.5k.
- Scenario 2: Consider going SHORT in the 84.6k–84.8k zone; target: 83.4k–83.6k.
* Gold (XAU): Continued to correct after approaching the 4,200 zone, closing the day around 4,160, down -0.26%.
* Oil: Escalating geopolitical tensions continue to support oil prices, pushing them up to 94.151U. Oil closed at 93.885, up +1.62%. It could rise to the 95–97U zone before the next trend emerges.
GOLD TRADING SCENARIOS FOR OCTOBER 14
• Look for LONG entries on gold if it reaches the 4070–4085 zone, with a target of 4160–4180; otherwise, continue looking for SHORT entries in the 4180–4200 zone, targeting lower levels. >> BTC scenarios: SL 500–700 points from entry (depending on position and leverage).
“Prices are most suitable based on current market conditions.”
“This bulletin is based on the Team’s current data and is intended to provide information for reference only—it is not investment advice.”
Wishing everyone an energetic week. Trade calmly, safely, and with discipline!!! @All
BTC RECLAIMS THE 83K ZONE
BTC:
+ Daily timeframe: Yesterday, October 13, after BTC was pushed down to a low of 80.985k, buyers stepped in at that level and drove the price back up to 84.134k. BTC closed the day at 83.125k, right at the upper edge of the SonicR cluster, recording a daily gain of +1.6%, equivalent to +1,312 points.
- RSI: Has reclaimed and is hovering around the 52 level.
- MACD: Remains weak, while the histogram is becoming less negative.
BTC TRADING SCENARIOS FOR OCTOBER 14
- Scenario 1: Consider going LONG if the price retests the 82.5k–82.7k zone; target: 84k–84.5k.
- Scenario 2: Consider going SHORT in the 84.6k–84.8k zone; target: 83.4k–83.6k.
* Gold (XAU): Continued to correct after approaching the 4,200 zone, closing the day around 4,160, down -0.26%.
* Oil: Escalating geopolitical tensions continue to support oil prices, pushing them up to 94.151U. Oil closed at 93.885, up +1.62%. It could rise to the 95–97U zone before the next trend emerges.
GOLD TRADING SCENARIOS FOR OCTOBER 14
• Look for LONG entries on gold if it reaches the 4070–4085 zone, with a target of 4160–4180; otherwise, continue looking for SHORT entries in the 4180–4200 zone, targeting lower levels. >> BTC scenarios: SL 500–700 points from entry (depending on position and leverage).
“Prices are most suitable based on current market conditions.”
“This bulletin is based on the Team’s current data and is intended to provide information for reference only—it is not investment advice.”
Wishing everyone an energetic week. Trade calmly, safely, and with discipline!!! @All