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BTCUSD → False breakdown inside the historical range BINANCE:BTCUSD continues to form a global ascending price channel. After the retest of one of the important support levels, a new bullish potential appears On the chart I have marked the range 31400 - 25400. Earlier we saw a correction to the support area and a false breakout of the level, which gives the market a new potential. The indicated range plays a key role for pricing. The boundaries of the range appeared back in the cryptozyme - from May to July, in times of strong decline, now these boundaries are confirmed. In fact, only the resistance of the specified range 31400 separates us from a strong further growth to 35000-40000. At the moment, the price is testing the 28500 area and forming a correction to 26700, the local correction wave at its end may give a reversal and growth to 31400 for another retest of the key resistance. From the fundamental point of view, a strong push for strengthening will be given by the SEC approval of BTC-ETF, but they are not in a hurry yet. The moving averages have recently formed a bearish signal, but within a consolidation formation, in which case the strength of the signal is not so obvious. The market is waiting for something strong and continues to consolidate. Support levels: 26700, 25400 Resistance levels: 28500, 30200, 31400 At the same time bitcoin feels more confident than the same SP500 ( AMEX:SPY ) , whose correlation has been quite strong lately. At the same time, on the background of strengthening of the TVC:DXY , the value of the asset is also growing COINBASE:BTCUSD BINANCE:BTCUSD COINBASE:ETHUSD BINANCE:ETHUSD TVC:DXY VANTAGE:SP500 TVC:SPX Regards R. Linda!
BITSTAMP:BTCUSDLong
by RLinda
11
Bitcoin is extremely bullish and left people in disbelief! Bitcoin continues to rally from the bottom of 24920 to 27137 and is heading towards 28650! This is going to happen; the bull market is absolutely awesome, and profits are huge! If you are following me, I have been bullish almost from the bottom of the last big dump while the majority is still shorting Bitcoin on futures, which can also be seen in the negative funding rate on exchanges. I hope you guys are enjoying this bullishness as much as I do, and I wish you massive profits! From a technical perspective, the price of Bitcoin is moving in the ascending parallel channel on the 4H chart and will touch the trendline in the first week of October! This is also a strong resistance because of the 1:1 Fibonacci extension from wave (1) -> wave (2). October, November, and December are statistically bullish months for Bitcoin, so we should expect an uptrend this season. Summer is usually boring, and September is usually bearish. I see bullishness on Ethereum and altcoins, which is another good sign for the crypto market. DXY is pretty bullish, while Bitcoin is bullish as well, another strong sign! What about gold and silver? These assets are going down, while Bitcoin is also rising, making a bullish divergence another good sign! This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I share my trades transparently and privately. Thank you, and for more ideas, hit "Like" and "Follow"!
BITSTAMP:BTCUSDLong
by UnknownUnicorn2537518
133
Ethereum is starting a new bull market! (after 2 years) After almost 2 years, ETH is starting a new bull market. It's still a great time to buy before ETH reaches 10,000–20,000 USDT per coin! So why is ETH bullish? To answer this question, we need to use the Elliott Wave theory and chart patterns on the weekly chart. As we can see, we have a strong Elliott Wave nest (1-2-1-2) with a combination of the previous ABC Zig Zag (3-3-3). This combo is indeed powerful! What's more, we can see an ascending triangle at the bottom of the trend, which is an even stronger bullish sign! You want to buy Ethereum and Bitcoin as soon as possible to earn a lot of money, as the price is still very cheap. Profits are already insane, so be greedy and enjoy the ride! What is the profit target? You do not want to sell ETH for less than 10,000 USD per coin, that's for sure. As per my analysis, ETH could reach 20,000 USD in 2025, which you will see in one of my next analyses, so make sure you are following me! But of course, in the short term, we have some strong resistances, such as the 0.618 FIB at 2534 USD. Definitely a good profit target for swing traders. I really look forward to 2024 and 2025, which will be bullish months! At this moment, probably 95% of traders are gone; they left the crypto space because, of course, they lost money during the previous bear market and were forced to sell their holdings. Some people may say that people should hold strongly and never sell, but if someone has to pay the bills, they are forced to sell it. So it's easy to say, right? This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I share my trades transparently and privately. That's my outlook; be bullish and have a nice day! Thank you, and for more ideas, hit "Like" and "Follow"!
Long
by UnknownUnicorn2537518
57
Bitcoin - Ready to reach 30k! (watch this trendline) Bitcoin is bullish and is ready to reach 29167 in the next few days or at the start of October. Of course, 30k will follow, but 29k is a strong resistance, and we should see a pullback from it! Watch this yellow trendline, which is a gateway to the ultra-huge bull market. Once it breaks, I expect a massive uptrend, but be aware of a possible retest first. Your stop-loss needs to be safe! So why is the 29167 level of resistance strong? We have the 0.618 Fibonacci retracement of the previous downtrend, and we also have a point of control on the volume profile. What's more, it's the start of the fair value gap. I am definitely expecting a pullback from it! It's always important to do an Elliott Wave analysis because it gives us an outlook on the overall trend and market structure. In the downtrend from 31k to 25k, I see a complex correction—the triple-three pattern WXYXZ. This is a corrective move and shows a lot of weakness. That's why I am bullish! 26k is still a good price for Bitcoin to buy in the long term because I expect 120k in 2025. Why 125? Check out my profile or my previous analyses! It's also important to watch altcoins and how they are doing because it gives us another good indicator for Bitcoin. Of course, altcoins such as ETH, XRP, and DOGE are bullish. This was a quick update on the local price of Bitcoin. This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I share my trades transparently and privately. Thank you, and for more ideas, hit "Like" and "Follow"!
Long
by UnknownUnicorn2537518
162
💱CADJPY - A retest of uptrend support. But there's a but!CADJPY is forming an uptrend. On the background of this movement, the market forms a support retest, it seems to be predictable, but the situation may get out of control, as a decrease in volatility is formed. TA on the high timeframe: 1) The market is at its maximum values. A small correction may form before further gains are made 2) The liquidity area that MM might be interested in is below 109.45. If the price breaks one of the supports, it will direct its movement towards this area. TA on the low timeframe: 1) A support retest is formed and volatility decreases to the minimum values 2) A consolidation is formed. This consolidation can both send the price up after the support retest 3) or it can break the trend support and send the price down. In this case, there are two scenarios: 3.1) Trading a bounce from support. The signal will be a prolonged consolidation above the support 3.2) Trading a breakout of support - either open a trade immediately for a breakout or wait for consolidation below the level. Key support📉: 110.15 Key resistance📈: 110.37
Long
by AndeWave
20
GOLD → Price continues to form a downtrendOANDA:XAUUSD is breaking another support line again. Bearish prerequisites, which I previously wrote about, putting the market in the phase of realization of accumulation, a high chance of continuation of the fall On the chart we see the formation of a global consolidation range. The price breaks the support at 1915.3. The correction after the breakout is formed, which flows into the consolidation phase. Price consolidation under the flat support will form a bearish potential and a convenient entry point for further sales. Earlier I wrote about strong sell-offs, all the resistance, retest, all this was the formation of a large bearish position. Last week we met Powell's speech, who did not give any specifics, but at the same time made it clear that the dollar will continue its strengthening. The index has discovered a new corridor that could cause gold to fall lower. The moving averages are forming another bearish signal. Resistance levels: 1915.3, 1922.4. Support levels: 1910, 1908 I expect the decline to continue after consolidation below 1915. A false breakout is possible, but the prospect is 1910, 1901 OANDA:XAUUSD COMEX:GC1! CAPITALCOM:GOLD TVC:DXY CAPITALCOM:SILVER COMEX:SI1! OANDA:XAGUSD Regards R. Linda!
OANDA:XAUUSDShort
by RLinda
26
KNCUSDT → Coin shows strength in a weak market BINANCE:KNCUSDT stops its decline in late 2022 at 0.495-0.500, thus forming a bottom. The market holds this area quite confidently. And at some point, on the background of weak BINANCE:BTCUSD , KNC forms a resistance breakout, which could be the first bell On the chart we can compare the behavior of the last few days of BTC and KNC. The second one feels confident and is ready to strengthen further. While BTC has been in a falling phase for the last 7 days, Kyber network / TetherUs is strengthening already by 28%. Altcoins have been receiving more attention from speculators lately as they are livelier and more active. The latest retest of the 0.495 bottom on September 12 leads to the formation of a bullish momentum, within which the price makes an attempt to exit the descending range. After the breakout and correction, consolidation is formed above the resistance. If the bulls can finally keep the price above this line, we will be able not only to observe, but also to participate in the price growth to the targets indicated on the chart. The area above 0.955 is quite loose and price could quickly reach 1.200-1.400, but for this to happen we need to get momentum from the previously broken resistance. Support levels: 0.630, MA200, MA50 Resistance levels: 0.710, 0.834 I expect an active phase from the bulls' side. The first phase is consolidation. After which I will wait for growth to the mentioned areas. Regards R. Linda!
Long
by RLinda
17
USDCAD → The bull market could provide momentum FX:USDCAD is forming a support retest amid the strengthening of the dollar index. A break of the local resistance, against the background of the uptrend, will give us an excellent bullish potential. The market is preparing to rise further. We have an uptrend and support from the strengthening of the dollar index. On the back of positive fundamental data, the TVC:DXY continues to strengthen, which will make the Canadian dollar weaker against the US dollar. On the chart we see the retest of the support of the ascending price channel and the formation of a bullish impulse. The resistance at 1.3502 plays an important role for us. If this area is broken through, the market may form a strong bullish impulse in which, in the medium term, the price may quickly reach 1.3640 and even 1.38000. The moving averages are forming a signal, but it may not mean anything on the fundamental background. Support levels: 1.3424 Resistance levels: 1.3502, 1.3542 I expect the continuation of growth on the background of strengthening of the dollar and on the background of the bullish trend. Regards R. Linda!
Long
by RLinda
12
🥇GOLD - Resistance Retest. (To breakout or to fall?)Gold is forming a resistance retest. Against the background of the global descending channel, the price may form a false breakout, but against the background of consolidation near resistance, the chances of a breakout increase. TA on high timeframe: 1) We have the formation of the 1934-1907 range. There is a false breakout and pin-bar formed against resistance. 2) Price is likely to form a retest now before further breakout TA on the low timeframe: 1) a sideways range is still forming in the market 2) The dollar continues to strengthen and surprisingly, so does gold. But the dollar has a positive fundamental background. And gold, most likely, the market is pulling up to the liquidity area 3) We watch the price reaction. If there is a breakout of resistance, we should wait for consolidation above 1928-1930 to buy. 4) False breakout will form a consolidation below resistance. Only after confirmation of one or the other should we sell or buy Key resistance📈: 1928.5, 1930 Key support📉: 1915, 1908
OANDA:XAUUSDShort
by AndeWave
11
💱EURUSD - Consolidation is being formed for support breakout EURUSD on the background of a quick retest breaks the key support and forms consolidation. A potential is formed, within the framework of the realization of which the price can quickly reach 1.0536 TA on the high timeframe: 1) Strong bearish trend continues 2) A retest of the support at 1.0635 breaks the level 3) Price opens a corridor to fall to 1.0536 TA on low timeframe: 1) Pre-breakdown consolidation is formed 2) The market enters the phase of realization of accumulation after breaking the support at 1.0635. 3) Consolidation of the price below the level will form a sell entry point 4) After the FED news, the currency pair may fall to 1.0536 after breaking 1.06350. Key support📉: 1.06350, 1.0617 Key resistance📈: 1.0642, 1.0664
Short
by AndeWave
6
GOLD → A retest of support is expected in a weak market Gold has been declining since the opening of the trading session. The market continues to form a sideways flat. Purchases after strong sell-offs bring the price only to the retest of the strong resistance area, after which the metal weakens again On the chart we see the current set-up - flat. The price is declining after the resistance retest and breaks through the local support at 1922.4. The price fixing below this area will form a signal for selling. In this case, I expect that the price may reach 1915 in the short term and 1900 in the medium term. The fundamental background of gold is weak, but technically the price feels quite confident against the background of what is happening, most likely the reason for this is the huge interest from the world's major central banks. As soon as gold gets a little bullish potential from the fundamentals, it will give a huge jump up, but it is too early to tell. The moving averages indicate that a consolidation is forming. Support levels: 1915, 1902 Resistance levels: 1922, 1928 I expect the continuation of the decline on the background of technical and fundamental analysis. Market Maker is interested in lower liquidity areas OANDA:XAUUSD FOREXCOM:XAUUSD COMEX:GC1! FOREXCOM:XAGUSD CAPITALCOM:DXY Regards R. Linda!
OANDA:XAUUSDShort
by RLinda
42
Bitcoin - Price in 2025 revealed! (Take profits here) The price of Bitcoin will be 120,000–130,000 USD in Q2 2025, according to my technical analysis! There is a strong confluence to sell Bitcoin here, and a lot of people will do it, so make sure you take profit in the next bull run. First of all, this is an analysis of the weekly chart on a linear scale, not a log scale. If we take the Fibonacci extension from the end of the previous bear market in 2018 to the end of the previous bull market in 2021 to the end of the previous bear market in 2022 (dashed white line on the chart), we get really interesting numbers! The most likely is the 1.618 FIB extension, which is 122,011 USD! But we also need to take the 1:1 FIB extension into consideration because this is also a strong resistance, but only for a short-term bounce. We also need to take a look at trendlines. In this case, the trendline from 2017 to 2021 gives us a projection for the next possible touch. It should be in 2025, and it's also around 125,000 USD! If you find this analysis helpful, hit the like / boost button right now! There is not too much place on the chart anymore, so let's do more data in one of my next analyses! But what I also want to mention is the time variable. 1428 days +/- was the duration of the bear cycle and bull cycle between 2017 - 2021. If history repeats itself, then the bull market should end in October 2025. And I cannot forget to also take the Elliott Wave analysis into consideration. It works really well on Bitcoin, and wave (1) + wave (2) should be completed. We already started wave (3), which is usually the strongest! So I hope you look forward to the upcoming price action. This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I share my trades transparently and privately. Thank you, and for more ideas, hit "Like" and "Follow"!
Long
by UnknownUnicorn2537518
158
🥇GOLD - Correction before further decline Gold bounces off the local support at 1915 and the price returns to retest the key resistance. Price is in a range and we are now interested in flat resistance. TA on the high timeframe: 1) Pin bar resistance 1934. 2) Price does not reach one of the key resistances 1949 for a few pips, indicating strong pressure from the resistance 3) At the same time, active sell-offs are forming and a pin-bar is forming on the chart TA on the low timeframe: 1) Price is forming a rebound and heading towards 1928.5 2) The resistance area may be tested soon before further decline 3) The market is bearish now and we should look for strong resistance levels for further selling Key resistance📈: 1928.5, 1934.8 Key support📉: 1922. 1915. 1908
OANDA:XAUUSDShort
by AndeWave
13
GOLD → Friday is trading inside a range OANDA:XAUUSD is recovering after strong sell-offs and a false break of the 1915 sideways range support. Within the flat we expected this movement, but in the medium term gold has a negative fundamental background On Friday, gold will continue to stay inside this range, consolidation will continue. The price may test one of the nearest resistances before falling to 1922 and 1915. At the same time, TVC:DXY is overcoming the strong resistance at 105.00, which I wrote about earlier. A dollar fixing above this boundary will open the way to 107.5, which will be a good reason for gold to weaken to 1915 and even 1900. On the senior timeframe, where we can determine the medium and long term, the chart shows us targets such as 1850 and 1800, but by then there will be a lot of fundamental news that can change a lot of things. From a local analysis point of view, I expect a fall to 1922, 1915 and even 1900, but not in one day. Resistance levels: 1928.5, 1930.7, 1935. Support levels: 1922, 1915 I expect that today the market will sell out again what it bought in the second half of Thursday and the first half of Friday. And, we will see the price close near the 1915 support, which will give a signal for next week OANDA:XAUUSD OANDA:XAGUSD COMEX:GC1! COMEX_MINI:MGC1! TVC:DXY COMEX:SI1! Regards R. linda!
OANDA:XAUUSDShort
by RLinda
22
AAVEUSDT → Breakout of descending triangle resistance BINANCE:AAVEUSDT is forming a breakout of the descending triangle resistance. Buyers are confidently holding the bottom, keeping the price below 55.00, but at the same time testing a trend change attempt AAVE follows BINANCE:BTCUSD . A momentum and a small pullback is forming. This is partly a bad thing. Until bitcoin gets momentum and a breakout of local resistance, the pegged coin will also stand still. If the market doesn't acquire a buyer while the coin consolidates above the broken resistance, the flat formation will continue. Bitcoin is strengthening as it receives fundamentally positive data, mostly related to ETFs. From a technical analysis perspective, AAVE has good upside potential. A prolonged consolidation for 15 months is forming and the price moving beyond resistance is signaling possible upside. The price is testing the MA-200, if the moving average is broken, there will be a chance for growth to 91.3 Support levels: previously broken resistance, MA50, 55.2. Resistance levels: MA-200, 69.56. I expect consolidation above the previously broken trend line with subsequent retest and breakout through MA-200. Regards R. Linda!
Long
by RLinda
16
Bitcoin - 202% profit, next target 79959 USD! Bitcoin is absolutely ready for a massive uptrend to my profit target of 79959 USD! In this analysis, I will tell you why Bitcoin is bullish. First of all, we need to take a look at the weekly candles. The last weekly candle is a bullish engulfing candle. It means that the body of the candle engulfed the previous candle. Strong reversal signal, especially on the weekly chart! From the Elliott Wave perspective, we have completed the major wave (2) with a WXYXZ corrective pattern (triple three). Bitcoin is starting a new impulse wave (3)! Usually waves 3 are the strongest waves, and in this case, I expect the target to be at the 1.618 FIB extension of wave (1) => wave (2). The next bullish signal is the 200-week exponential moving average (EMA). As we can see, the price is holding this key dynamic support, and the bulls successfully defended it! This EMA is considered to have strong support or resistance by huge institutions and hedge funds. Now for a pretty important question: what are the resistances on the way up to 80k? It's definitely the 0.618 FIB + POC of the previous market structure, which is at 38984. Then 48234 as a previous swing high, and of course the previous all-time high at 69000. You can use these levels for a potential quick short trade on the futures market with leverage! The downtrend basically ended in January 2023 after breaking the major blue trendline. We also had a retest of this trendline in March 2023. The price in March was around 25k and now in September, the price is around 26k after 6 months of sideways price action. This is a great opportunity to buy/long Bitcoin, so you don't need to wait 6 months for boring price action! What do you think, guys? Are you ready for a massive bull market? Let me know in the comment section down below! I must know your opinion. This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I share my trades transparently and post trade setups privately. Thank you, and for more ideas, hit "Like" and "Follow"!
BITSTAMP:BTCUSDLong
by UnknownUnicorn2537518
242
GOLD → The market is waiting for the FOMC. What to expect? OANDA:XAUUSD is reducing volatility amid expectations of FOMC data release. Earlier we saw an attempt to break the strong trend resistance, but now there are nuances appearing The Federal Reserve is not going to raise or lower rates (at the level of rumors). In any case, this is positive-neutral news for the dollar. That is, if the situation does not change, the negative background for the gold market will be confirmed, and an attempt to break the trend resistance will be a trap on the part of the market maker. A false breakout will increase the liquidity volume and may form a strong red impulse. At the moment the level of 1928 separates us from the fall. And in general, the resistance of 1938.9 is important for the market - the level has not been tested yet, and it may happen at the moment of reporting publication due to the increased volatility. But, if TVC:DXY happens to get a weak (negative) fundamental background, gold may confirm the breakout of trend resistance and head towards 1950. Price is trading inside the moving averages range, the market is giving us a false breakout of MA-50 Resistance levels: 1932, 1935, 1939 Support levels: 1928, 1922 The medium-term outlook for XAU depends partly on today's FOMC press release, which comes out at 18:00 GMT. Strong data for $ will negatively impact XAU pricing and vice versa Regards R. Linda!
OANDA:XAUUSDShort
by RLinda
30
🥇GOLD - False breakdown forms a double top Gold on Friday forms a false breakdown of flat resistance (indicated on the chart). On Monday, the market forms a retest of the upper boundary and forms a false breakout again. TA on the high timeframe: 1) The market is still continuing to form a bearish trend 2) A retest of the liquidity area forms a false breakout, indicating buyer weakness at the moment. TA on the low timeframe: 1) Consolidation under resistance is forming. The market is preparing to fall 2) Within the flat we have the following targets: 1916.7 and 1907.6, which can be reached in the near future 3) Ahead is the local support at 1922 which may push the price away. At this point, the market may retest the resistance 4) We care about the dollar's reaction to the news. If the dollar starts to rise and overcomes the resistance, gold will head towards 1900. Key resistance📈: 1928.5 Key support📉: 1922, 1916 and 1907
OANDA:XAUUSDShort
by AndeWave
15
GOLD → The certainty of a strong market or the trap of MM?OANDA:XAUUSD is strengthening at the end of the week and closed above Monday's open. BUT! The dollar is also strengthening and on the chart we see several key elements forming and an important zone that can give us strong signals. In the coming week, the following news is worth paying attention to: 09.19 CPI (YoY) EUR 09.20 CPI (YoY) USD FOMC FED 09.21 Initial Jobless Claims FED 09.22 S&P Global Services PMI It is worth paying attention to the W1 dollar chart and the XAU 1D. A bearish wedge is forming on the chart, but a large candle was formed on Friday, within which gold has little chance of breaking through this area yes and in tandem with a rising dollar. There is a high chance of a correction beginning as we see a false break of a strong resistance zone on the hourly timeframe. The price is forming a fljt 1928 - 1903. The upper boundary is being tested and at the same time price is forming a false breakdown of a key liquidity and resistance area and most likely we may see a correction to 1916 or even 1903 on Monday. BUT! If the dollar, which is giving a strong signal to break resistance, fails to go up and starts a correction, then gold may well be able to break the above upper zone and start rising towards 1950, as the price is now looking more correct than expected on the back of TVC:DXY strengthening. Regards R. Linda!
OANDA:XAUUSDShort
by RLinda
20