Bitcoin Eyes $107K: Key Levels to WatchBitcoin is showing bullish momentum, breaking through the key intraday resistance around $102,000. However, given the weekend, I am keeping my expectations realistic.
1. Ideally, I’d like to see either (A) a quick dip below $101,662 followed by a prompt recovery, or (B) sustained price action above $101,662. Both scenarios would significantly increase the likelihood of a bullish move toward the critical resistance at $107,000 in the coming days (as per the green projections).
2. Conversely, a drop below $98,984 could lead to choppy price action, a considerable slowdown in momentum, and a high probability of retesting the $94,650 level.
Beyond Technical Analysis
xlm long!"🌟 Welcome to Golden Candle! 🌟
We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎
Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫
Instead, they reflect our own 💭 personal attitudes and thoughts. 💭
Follow along and 📚 learn 📚 from our analyses! 📊💡"
op idea"🌟 Welcome to Golden Candle! 🌟
We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎
Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫
Instead, they reflect our own 💭 personal attitudes and thoughts. 💭
Follow along and 📚 learn 📚 from our analyses! 📊💡"
atomusdt update"🌟 Welcome to Golden Candle! 🌟
We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎
Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫
Instead, they reflect our own 💭 personal attitudes and thoughts. 💭
Follow along and 📚 learn 📚 from our analyses! 📊💡"
U.S. Dollar IndexHello dear traders,
In the past week, we witnessed the release of numerous economic news that had significant impacts on the market. These reports, especially concerning the U.S. economy, greatly influenced the price trends of the U.S. dollar (DXY) and other currencies.
Analysis of Economic News from Last Week
Various reputable economic organizations published reports including employment data, unemployment rates, and changes in Gross Domestic Product (GDP). Notably, the non-farm payroll (NFP) report, which was expected to indicate an increase in new jobs, turned out to be below expectations. This created heightened concerns about the strength and stability of the U.S. economy, which in turn pressured the dollar.
Additionally, the announcement of high inflation rates and interest rates had compounded effects on market trends. While an increase in interest rates was anticipated, the negative news regarding economic growth raised concerns that future Federal Reserve meetings might be affected. Consequently, these combined factors led traders to adopt a cautious outlook on the market, resulting in price declines in the currency markets.
Technical Impacts on the Market
From a technical perspective, the U.S. dollar (DXY) chart has been showing bearish signals, and as previously mentioned, we expect a downward correction in the coming weeks. Price trends in the DXY align well with the recent economic news, as the breakdown of key support levels, such as 107.243 , and the formation of bearish patterns indicate weakness in this currency against others.
Given the technical analysis, we can point out that if the downward trend in DXY continues, the charts of the euro (EUR), British pound (GBP), Australian dollar (AUD), and New Zealand dollar (NZD) will offer suitable buying opportunities. Particularly if corrections in DXY persist, we can expect further appreciation in these currencies.
Conclusion
Considering the detailed analysis of economic news and the technical conditions, it is recommended to keep in mind that rapid and significant changes in the market may occur following new announcements. With careful attention and appropriate risk management, you can take advantage of the upcoming opportunities.
Thank you for your support and trust, and I hope the insights provided are beneficial for you.
Fereydoon Bahrami
"A retail trader in the Wall Street trading center (Forex)."
Wishing you success!
Lets look at Gaming Tokens Hi everyone
I wish u may all have good days.
I was looking around and searching the blockchain like most of us these days i,m looking for the best tokens to get in probable bullish market so gaming might be the next big thing. here is the 2 tokens I looked in gaming category.
1.GALA
2.BORA
Flag It or Miss It...ChatGPT
🚩 Flags Don’t Lie 🚩
🔥 Traders, here’s the deal: The market loves patterns, and this chart is waving more flags than the Olympics. Bullish, bearish, they’re all here—clear as day if you know where to look. Let me break it down George-style:
1️⃣ The Bullish Flags:
See those upward rockets followed by tiny breathers? That’s the market catching its breath before sprinting again. Every breakout screams, “Get on or get left behind.” Smart traders saw these setups and printed their wins. Did you?
2️⃣ The Bearish Flags:
Now for the nosedives. The market didn’t just fall; it crashed, paused, and said, “Hang on, let me make it even worse.” Those bear flags aren’t just patterns—they’re market whispers, saying, “The pain’s not over yet.”
3️⃣ The Current Breakout:
This isn’t just any breakout; this is the market screaming, “Up, up, and away!” That bullish flag just snapped, and if you’re not riding this move, you’re watching history from the sidelines.
⚠️ Lesson? Flags are your friends, but only if you know how to read them. They’re the market’s way of leaving breadcrumbs for the pros and traps for the tourists.
💡 Stop guessing. Start seeing. Because while you’re overthinking, someone else is cashing in.
🎯 Ready to master these setups? Join the ‘Road to a Million’ and stop trading like a tourist. Snipers only. Link in bio.
P.S.: Next time you see a flag, ask yourself: Am I waving it or winning with it? 💥
EURUSDHello Traders! 👋
What are your thoughts on EURUSD?
In recent weeks, the EUR/USD pair has been in a downward trend and is currently trading below a significant resistance zone.
As long as the price remains below this resistance, the bearish movement is expected to continue. However, if the price breaks above the identified resistance zone, this analysis will be invalidated, and a potential trend reversal may occur.
Don’t forget to like and share your thoughts in the comments! ❤️
EURJPY Potential DownsidesHey Traders, in today's trading session we are monitoring EURJPY for a selling opportunity around 162.300 zone, EURJPY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 162.300 support and resistance area.
Trade safe, Joe.
Gold Is Approaching An Important SupportHey Traders, in today's trading session we are monitoring XAUUSD for a buying opportunity around 2635 zone, Gold is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 2635 support and resistance area.
Trade safe, Joe.
AUD/JPY Analysis (1-Hour Timeframe)We are currently observing the formation of a Cup and Handle pattern, which is still in progress. The key levels to monitor:
Handle Resistance: First, we need a breakout of the handle pattern to confirm the bullish setup.
Pink Resistance Zone: If the price breaks out of this key level, it will confirm the full Cup and Handle pattern, signaling a strong bullish move.
Target Projection:
Based on the Cup and Handle formation, the Green Zone represents the projected target for this setup.
This is a pattern to watch closely for confirmation and breakout strength. Patience is key to avoid premature entries.
More SOLANA = More Gain, 300$ is the next targetHello and greetings to all the crypto enthusiasts, ✌
In several of my previous analyses, I have accurately identified and hit all of the gain targets. In this analysis, I aim to provide you with a comprehensive overview of the future price potential for SOLANA , 📚💡
Solana has consistently surpassed Ethereum in key performance indicators over the past few months. This success is largely driven by its talented development team, which has implemented a range of strategic updates, reinforcing Solana’s status as a frontrunner in blockchain innovation. 📚✌
Given its robust foundation, a price target of $300—representing a potential 28% increase—appears entirely achievable. Moreover, technical analysis aligns with this positive forecast, indicating that the upward momentum is expected to persist. 📚🙌
🧨 Our team's main opinion is: 🧨
Solana has outperformed Ethereum in key metrics, backed by a skilled development team and strategic updates. With a solid foundation, a $300 price target (28% gain) is achievable, supported by positive technical analysis. 📚👌
Thank you for your attention. If you have any questions or comments, I’m here to respond to you. 🐋💡
BTC Miner "Valuation" ChartThis is not advice on who to invest in, or what, do your own due diligence in checking through the total overall hashrate, the future plans of these companies and how diversified they are in their business operations. IE do they outsource some compute for data centers etc. Hint: Data center usage will be gigantic since it's already built and ready to plug and play so to say.
This is just a super simple analysis of the YTD of some miners I think are pretty decent. This is an incredibly risky "sector" but the larger guys with tons of built or in process of being built Megawatts available are not only positioned to benefit from the rise of bitcoin, and the potential for larger companies to scoop them up for their own ai / data center needs. Just my two cents. As always feel free to reach out for questions or leave a question in the comments. GL