Platinum Price Analysis

Expected Scenario

• Platinum price ended last Friday by breaking 50% Fibonacci correction level at 983.00$ clearly, confirming its surrender to the domination of the previously suggested bearish bias and notice reaching 963.00$.
• We expect to attack the MA55 at 958.00$ soon, assuring the importance of settling below it to ease the mission of reaching the additional negative stations that might start at 948.00$ and 920.00$.

Expected Trading Range

Between 985.00$ support and 920.00$ resistance.

Copper Price Analysis

Expected Scenario

• Copper price renewed the previously expected negative action by crawling below 4.5200$ and settling near 4.4400$ level, confirming its preparation to target new negative stations on the near-term and medium term basis.
• Stochastic continuous negative momentum will increase the chances of attacking the additional support at 4.3500$, and declining below it will push the price to 4.1500$ as a next main target.

Expected Trading Range

Between 4.5500$ support and 4.3500$ resistance.

Ethereum Price Analysis

Expected Scenario

• Ethereum price kept its consolidation above 3641.82$ after the negative pressure that it witnessed in the previous sessions, to keep the main bullish trend scenario valid and active for the upcoming period, waiting to resume the bullish wave that targets 3840.00$ followed by 4096.85$ levels as next main stations.
• Holding above 3641.82$ represents the major condition to the continuation of the expected rise, as breaking it will put the price under the correctional bearish pressure to head towards visiting 3360.00$ areas on the near-term basis.

Expected Trading Range

Between 3570.00$ support and 3800.00$ resistance.

Bitcoin Price Analysis

Expected Scenario

• Bitcoin price decline stopped at the breached resistance of the symmetrical triangle that appears on the chart, to rebound bullishly and head towards resuming the main bullish trend, waiting to target 71680.00$ followed by 73800.00$ levels as the next main stations.
• Stochastic current negativity might cause temporary sideways fluctuation before resuming the expected rise, which will remain valid conditioned by the price stability above 67815.00$.

Expected Trading Range

Between 68000.00$ support and 71600.00$ resistance.