Bitcoin - Please Look At This Timeframe!Bitcoin ( CRYPTO:BTCUSD ) is still totally bullish:
Click chart above to see the detailed analysis👆🏻
Please just make sure, that you don't trust Bitcoin with its daily swings of more than -5%. Looking at the overall picture, Bitcoin is still incredibly bullish and almost trading at its all time high. Bulls are 100% in control of everything and some profit taking along the way is just normal.
Levels to watch: $70.000, $100.000, $300.000
Keep your long term vision,
Philip (BasicTrading)
Trend Analysis
HelenP. I Bitcoin can make correction and then continue growHi folks today I'm prepared for you Bitcoin analytics. In the chart, we can see how the price fell to the support level and some time traded near it and later broke this level and continued to decline to the trend line. After this movement, the price turned around and made impulse up, thereby reaching the 99500 level one more time and soon broke it again. Later, the price some time traded near this level and then continued to move up to the resistance level, which coincided with the resistance zone. When the price reached this level, it first made the correction and then made an impulse up, breaking the resistance level. After this, the price reached a new ATH (108K points) and then dropped to the trend line, breaking the resistance level again. Soon, BTC broke the trend line and fell to the support level, but a not long time ago it rebounded and started to move up. For this case, I expect that BTCUSDT will make small corrections and then continue to move up to the resistance level. That's why I set my goal at 105000 level. If you like my analytics you may support me with your like/comment ❤️
Gold Spot Analysis: Crown Pattern Signals Potential ReversalGold's recent price action on the 4-hour chart has unfolded into a fascinating Crown Pattern, hinting at a potential bearish continuation. This pattern, often associated with trend reversals, presents a compelling opportunity for traders to position themselves for the next move. Currently trading at $2,614, gold appears to be forming a consolidation phase within a descending triangle, signaling growing bearish momentum.
Key Observations:
Crown Pattern Formation:
The clearly defined Crown Pattern suggests the exhaustion of the recent bullish wave. The structure follows classic measurements, with XA and DG ratios aligning closely with textbook values.
The neckline at $2,630 has already been breached, solidifying the bearish outlook.
Descending Triangle:
Gold is consolidating within a descending triangle just below the neckline, with lower highs and a flat support line. A decisive break below $2,596 could trigger further declines.
Key Support Zone:
Immediate support lies at $2,554.55, coinciding with the Crown Pattern's projection target. This level will be crucial for bears to maintain their dominance.
Bearish Momentum:
Momentum indicators, combined with volume analysis, show waning buying pressure, further reinforcing the likelihood of a downward move.
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Expected Scenarios:
Bearish Continuation: A breakdown below the descending triangle at $2,596 could pave the way for a decline toward $2,554 and potentially lower.
Bullish Reversal Invalidated: If gold manages to break above $2,630 and sustain above this key level, the bearish outlook will be invalidated, opening the door for a retest of $2,670.
Xrp - The New +400% Bullish Triangle!Xrp ( CRYPTO:XRPUSD ) is creating another bullish triangle:
Click chart above to see the detailed analysis👆🏻
Despite the recent rally of +300% on Xrp, this crypto coin is still totally bullish. However at the moment, Xrp is starting to reject a quite significant all time high resistance level. We could see another drop lower from here before bulls will take over again and eventually create new highs.
Levels to watch: $2.0, $10.0
Keep your long term vision,
Philip (BasicTrading)
ETH Bullish and Bearish scenariosETH Support and Resistance Analysis
The support level for ETH is currently between 3082.97 and 2941.77. A weekly candle close below 2941.77 would be considered bearish. Ideally, we want to see a bounce off this support level, which could then lead to another attempt to break through the resistance of 3971.58.
THIS IS A FAKE OUT IMO! BUY THE DIPNASDAQ:QQQ AMEX:SPY AMEX:IWM
THIS IS A FAKE OUT! BUY THE DIP 👇
-Strong Economic Fundamentals
-Hawkish FED spreading FUD
-Same Government shutdown scares every year
-2T+ in options (mostly call) expiring today
-Gains being pressured to be sold for 24 taxes
-Scare meme coin & gambler bro's out the markets
-Incoming party is for business & the stock market
-VIX spiked faster than Japanese trade crisis
-Inflation still coming down
-AI is still strong and a catalyst
-Company earnings are still hefty
-Global markets are curling up not down
All of these reasons explain my point of this being a FAKE OUT. I will be buying this DIP because I see nothing CONCRETE! All I see is that the market maker and FED Chair Powell teamed up to be the GRINCH & SCROOGE this Holiday season. Not financial advice.
NAS100USD: Targeting Low-Resistance Liquidity ZonesGreetings Traders!
In today’s analysis of NAS100USD, we observe a recent bullish shift in price action, presenting opportunities to capitalize on buying setups. Wednesday’s volatile move to the downside, triggered by the FOMC announcement, created a liquidity void—an inefficiency in price delivery where only sell-side action was present. The market tends to revisit these zones to rebalance, making them key areas of interest.
This liquidity void also qualifies as a low-resistance liquidity zone, where minimal obstacles exist to impede price movement. Consequently, we aim to target price progression through this zone until reaching the high-resistance liquidity zone, the last area where significant price resistance occurred.
Key Observations:
Institutional Perspective: Price moved from a discount zone, where institutions order-paired against sell stops, indicating they are now running their trades toward fair value.
Fair Value Areas: Liquidity voids and fair value gaps are prime zones for institutions to scale out of their positions, making them strategic targets for our trades.
Trading Strategy:
We will look for confirmation to align with bullish institutional order flow and target the liquidity void as a fair value zone. The FOMC-induced displacement provides a clear inefficiency that institutions are likely to use to balance their positions.
Let’s analyze the price action carefully and adapt as the market develops. Share your thoughts or questions in the comments, and let’s navigate the markets together!
Kind Regards,
The Architect
USDJPY Buyers In Panic! SELL!
My dear friends,
USDJPY looks like it will make a good move, and here are the details:
The market is trading on 156.76 pivot level.
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 154.65
Recommended Stop Loss - 157.90
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
———————————
WISH YOU ALL LUCK
Bearish drop?USD/JPY is falling towards the pivot which acts as a pullback support and could bounce to the 1st resistance.
Pivot: 155.72
1st Support: 154.28
1st Resistance: 157.72
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Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
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BTC/USDT Analysis: Is a Key Reversal Brewing?Bitcoin's price action continues to intrigue traders as it consolidates within an ascending channel on the 4-hour timeframe. The recent rejection from the channel's upper boundary at $108,000 indicates that bearish pressure might dominate the short term. Currently, BTC trades around $101,450, testing a critical support level near $102,000.
Key Observations:
Ascending Channel in Play: The structure highlights an upward trend, with BTC respecting both the upper and lower boundaries of the channel. The dotted midline has acted as a dynamic pivot, influencing price movement over recent weeks.
Bearish Breakdown Potential: A clear break below $102,000 could lead BTC toward the next significant horizontal support at $98,236. This level aligns closely with the channel's lower boundary, making it a crucial zone for bulls to defend.
Key Resistance Zone: If bulls manage to reclaim $103,000, BTC could retest the midline or even the $106,000 level. However, failure to sustain above the $102,000 support could accelerate a bearish trend.
RSI Divergence: Hidden bearish divergence on the RSI suggests weakening bullish momentum, supporting the case for a deeper correction.
Expected Scenarios:
A retest of $98,000 would provide an excellent opportunity for bullish accumulation within the channel structure.
If the price rebounds from the lower boundary, bulls may aim for $106,000-$108,000 in the medium term.
A confirmed breakdown below $98,000 might invalidate the channel, opening doors for further downside to $94,000.
BTCUSD BUY ANALYSIS (READ CAPTION)hello my fellow traders! what do you think about btcusd. comment your opinion.
current price: 94500
btcusd is working above its support zone and from this position retracement is possible. i think its an ideal position for bulls to enter. currently market's target is to cross the 100000 range then its target will be 103000 today.
key points:
resistance area: 96500, 102000
demand zone: 98000, 103000
Note:
first target: 98000
second target: 103000
kindly like, comment and follow. thanks for your support
SPX 2025 Strategic Outlook 7150 points Wave Five Bull Market🔸Time to update the SPX outlook, this is 2D price chart, we are
currently entering overpriced zone and limited upside in SPX
going forward next few weeks correction / pullback.
🔸SPX price structure since 2023 is defined by a five wave impulse wave 3 completed already and currently we are in wave 4 pullback/correction until 5415 points. expecting wave four pullback to complete in January 2025.
🔸Wave 1 is 3600 to 4625, wave two 4625 to 4125, wave three 4125 to 6100,wave 4 pullback/correction now is 6100 to 5416, final bullish wave five is expected to start from 5415 to 7150 points (30% bull run). Wave 5 expected to start in January 2025 and complete sometime in Q4 2025. A/B/C 40% correction will follow as the market will enter extremely overbought zone.
🔸Recommended strategy position traders: wait for the wave 4 correction to complete at/near 5415 points in January 2025 and then BUY/HOLD into wave 5 final target is 7150 points in Q4 2025. Obviously, this is a longer BUY/HOLD trade setup and patience is required with this trade. good luck!
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Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
Will ETH Rebound from $3200?ETHUSDT technical analysis update
ETH price has dropped 20% from its peak to the $3100-$3200 level. The 100 and 200 EMA are expected to provide strong support, with the volume profile also indicating good support at this range. Additionally, the Fib 0.5 retracement at $3200 aligns with this level. We see strong support at $3100-$3200, and the price is likely to bounce strongly from this level.
Regards
Hexa
Buy OpportunityObservations:
Current Price: Around $28.825.
Stop-Loss: $28.7218, just below the support level.
Target Price: $29.3478, above a key resistance.
Risk-Reward Ratio: 4.21, which indicates a favorable risk-to-reward setup.
Volume Profile: A significant level of interest is visible at the price range between $28.80 and $28.90.
Signal:
Entry Point: Enter a long position at the current level, near $28.825, assuming confirmation of support.
Stop-Loss: Place your stop-loss at $28.7218 to limit downside risk.
Take Profit: Set your target at $29.3478 to capture the upward move.
Additional Confirmation:
Look for bullish candlestick patterns or higher volume around the support area.
Consider the behavior of the moving averages (EMA) and ensure there’s no immediate downward pressure before entering.
$TSLA Trade Analysis DarkPoolsOverview of Chart
The updated chart for TSLA shows additional volume information, key pivot levels (R1, R2, R3, P, and S1), and dark pool prints, which provide a clearer picture of institutional activity and support/resistance zones. The chart continues to reflect the stock's bullish trend but highlights a potential consolidation phase around critical resistance.
Key Observations
Trend Continuation with Consolidation:
TSLA remains in an uptrend, with the price still above the 8 EMA (white line), which acts as a short-term dynamic support.
However, the current candles indicate consolidation near the R2 pivot level ($443.60), where selling pressure is evident.
Dark Pool Prints and Institutional Activity:
The dark pool print at $436.17 (1.6M shares) remains a critical support level. This suggests institutional interest in this price area, likely acting as a floor for further pullbacks.
Holding above this level confirms bullish sentiment. A failure to hold this level could accelerate a bearish pullback toward lower pivot levels.
Volume Analysis:
The chart now shows elevated volume on recent red candles, which suggests increased selling pressure near resistance levels.
Notably, the volume spike is not overwhelmingly bearish, indicating potential profit-taking rather than a complete reversal of the trend.
Pivot Levels and Support/Resistance Zones:
Immediate Resistance: The R2 pivot ($443.60) is acting as a ceiling for TSLA's recent upward momentum. Breaking this level could result in a move toward R3 ($514.82).
Immediate Support: The dark pool level ($436.17) and the 8 EMA align as immediate support levels. Below this, the R1 pivot ($391.77) and 21 EMA ($393.86) represent the next significant supports.
Bearish Divergence Risk:
While the overall trend is bullish, the consolidation near R2 and elevated selling volume suggest a potential pullback if support levels fail to hold.
Trade Plan
Bullish Scenario:
Entry: A confirmed breakout above the R2 pivot ($443.60) with increasing volume. Ideally, a daily close above this level will confirm the breakout.
Targets:
First Target (T1): $456 (recent swing high).
Second Target (T2): $514.82 (R3 pivot).
Stop Loss: Below the dark pool level ($436.17).
Bearish Scenario:
Entry: If TSLA closes below $436.17 and the 8 EMA, indicating a loss of short-term bullish momentum.
Targets:
First Target (T1): $413 (pivot support).
Second Target (T2): $393.86 (21 EMA).
Stop Loss: Above the R2 pivot ($443.60).
Additional Considerations
Risk Management:
TSLA is volatile, and trades should consider position sizing and stop-loss placement to manage risk effectively.
Monitor the overall market sentiment (e.g., SPY, QQQ) for confirmation of broader trends.
Institutional Influence:
Keep an eye on how the price reacts to the dark pool print at $436.17. Institutional support or rejection here will guide the next move.
Broader Market Factors:
Tesla's price can be influenced by sector-wide news (e.g., EV market trends) and macroeconomic factors (e.g., interest rates or broader tech sentiment).
XAU/USD : Bull or Bear? (READ THE CAPTION)Analyzing the #Gold chart in the 4-hour timeframe, we can see that after collecting liquidity below $2635, the price faced renewed demand and successfully climbed above $2641. As a result, gold managed to rise to $2651, delivering a 100-pip return.
Today, we have the US interest rate decision, which could bring significant volatility to the market, with both bull traps and bear traps likely. If you are not a professional trader, it’s better to stay away from the market and wait for stabilization, especially during Jerome Powell’s speech.
The previous analysis remains valid: as long as the price holds above $2641, we can expect further upward movement. However, if the price drops below $2641 and closes a candle underneath, we will likely see a sharp decline.
Keep these scenarios in mind and be patient to find the best trigger.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
HelenP. I Euro can reach resistance level and then continue fallHi folks today I'm prepared for you Euro analytics. If we look at the chart we can see how the price reached the trend line, making a first gap as well and then starting to decline. EUR dropped to the resistance level, which coincided with the resistance zone and soon broke resistance 2. Then it started to trades inside consolidation, where it declined to resistance 1, which coincided with the bottom part of the range with the support zone. After this movement, the EUR rebounded up, making a second gap, and later almost reached the trend line. Then the price little declined and later rebounded up to resistance 2, breaking the trend line, after which it turned around and started to decline. In a short time, Ethe uro declined to resistance 1, broke it, thereby exiting from consolidation, and then fell to the trend line. A not long time ago, the price bounced and started to grow. So, I expect that EURUSD will reach a resistance level and then continue to decline next. For this case, I set my goal at 1.0270 points, which coincided with the trend line. If you like my analytics you may support me with your like/comment ❤️
GBPUSD SELL | Idea Trading AnalysisGBPUSD is moving on support zone and and made a head & shoulder pattern
The chart is above the support level, which has already become a reversal point twice.
We expect a decline in the channel after testing the current level.
We expect a decline in the channel after testing the current level
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity GBPUSD
I still did my best and this is the most likely count for me at the moment.
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Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad ⚜️
BTC a BUY after FOMC selloff The recent price action shows bitcoin has hit a key resistance around 95,500 but faced a strong sell-off, now hovering near 95,300. support is forming around 92,000. volume has been moderate, suggesting indecision.
The market structure hints at a potential retracement, but a bounce off support could set up for another test of that resistance. keep an eye on the 92,000 level; a hold there could lead to a rally. i’d rate this a cautious buy for those willing to ride the volatility. stay grounded, it’s a wild ride.
Vaxart, Inc. to print 5000% impulsive wave ?? ** The months ahead **
On the above 6 day chart price action has corrected over 96% since February 2021. A number of reasons now exist for a bullish outlook, they include:
1) Price action and RSI resistance breakouts.
2) Confirmation of support on past resistance.
3) Regular positive divergence. The divergence prints at a time price action breaks out after 4 years of active resistance.
4) The forecast is determined from a 2nd impulsive move as measured from the first.
Is it possible price action continues to correct? Sure.
Is it probable? No
Ww
Type: Trade
Risk: You decide
Timeframe for long: Remainder of the year.
Return: 4000-5000%
Stop loss: Will say elsewhere
Gold is Ready to Break Resistance lines!!!Gold attacked a Heavy Support zone($2,605-$2,584) yesterday, as I expected .
Gold is starting to rise from the Heavy Support zone($2,605-$2,584) and breaking the First Resistance lines .
According to the theory of Elliott waves , Gold managed to complete wave 5 so that wave 5 was Truncated .
I expect Gold to attack the Downtrend line and the Resistance zone($2,642-$2,620) after breaking the First resistance lines .
⚠️Note: If Gold goes below $2,600, we should expect more Dumps⚠️.
🔔Be sure to follow the updated ideas.🔔
Gold Analyze ( XAUUSD ), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
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