The trend line was held perfectly yesterday and another ATH was reached. Previous 2790 was broken and we shall see another push to 2858 soon.
Today I am looking to buy from 2785.
1st target 2827, ultimate target 2858.,# Cryptocurrency Market Update
## Key Points
– **Trend Line**: The trend line was successfully maintained, indicating a bullish market sentiment.
– **New All-Time High (ATH)**: A new ATH has been reached, surpassing the previous milestone of 2790.
– **Future Projections**: Expectations are set for the price to push towards the next target of 2858.
– **Buying Opportunity**: The suggested entry point for purchases is around the 2785 mark.
– **Target Goals**: Initial target set at 2827, with a longer-term goal of reaching 2858.
### Analysis
The current momentum in the cryptocurrency market indicates a strong upward trajectory, as evidenced by the recent ATH. Holding the trend line is a crucial signal for traders, suggesting that the bullish trend may continue. Investing near the 2785 mark could prove advantageous, especially with the outlined target levels providing structured exit strategies.
In my view, the current price action reflects a healthy market environment, but traders should remain vigilant of any potential volatility as we approach the 2858 target.
Disclaimer. The opinions expressed by our writers are their own and do not represent the views of JustInvestNews. The financial and market information provided on JustInvestNews is intended for informational purposes only. JustInvestNews is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Original article: https://www.tradingview.com/chart/GOLD/ylARopF8-Gold-Intraday-Trading-Plan-1-31-2025/
