A black upward trendline shows a strong bullish trend from mid-2022 through early 2025. Recently, there’s been a significant breakdown below this trendline, which signals a substantial change in trend from bullish to bearish. On Friday, we tested and rejected this trendline, which at the same time tested a 65% retracement of the recent move, indicating a possible resistance area after a strong rebound. I expect the price not to break this level any further. The target remains 14k and below.
? Welcome to TradeCity Pro! In this analysis, I’m going to review the LDO coin — one of the well-known DeFi projects within the Ethereum ecosystem with a significantly high TVL. ✔️ This project’s token currently has a market cap of $748 million, placing it at rank 86 on CoinMarketCap. ⏳ 4-Hour Timeframe As you can see on the 4-hour chart, after a downtrend, LDO formed a bottom around the 0.676 zone and managed to rally up to 0.868. ? Currently, the price is consolidating below that resistance in a ranging box. A breakout from either direction of the box could determine the next trend. ⭐ If the box breaks upward and the 0.868 level is breached, we can consider the prior downtrend over, and the price would be forming a new bullish structure. However, there is another resistance at 0.904 right above, and there’s a possibility of rejection from that level after the 0.868 breakout. ? For a long position, I personally plan to enter upon the breakout of 0.868. While it’s possible that the price might reverse from 0.904, I prefer having an earlier entry and using a more accessible trigger. ? On the other hand, if the box breaks to the downside, the price might revisit the 0.676 support and potentially start a new bearish leg in line with the longer-term downtrend. ? The first short trigger is the break of 0.818 (the lower boundary of the box), but there’s another minor support at 0.795, which may cause a bounce. ? I personally prefer to wait for the 0.795 level to break for a short entry, given that market momentum is currently bullish, and I prefer a more reliable trigger for shorts. ? Volume within this range has been decreasing, which is normal in such consolidation phases. The longer the price stays in this range, the lower the volume tends to be — and typically, a breakout will lead to a sharper move. The RSI oscillator also has a support zone at 43.17. If this level is broken, it could signal incoming bearish momentum and increase the probability of a downside breakout. ? Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
The overall market direction is bearish with sellers in control. However, with a triple rejection of circa 0.58500, we have seen a bottom formed and buyers now in play. There is a potential for price to continue bullish towards the trendline. This is an idea of what MAY happen. Always trade with a profitable strategy and good risk management.
LISTAUSDT Technical Setup Pattern: Falling Wedge Breakout Current Price: $0.1893 Target Price: $0.30 Target % Gain: 60.04% Technical Analysis: LISTA has broken out of a falling wedge pattern on the 12H chart with increasing momentum. Price is holding above the breakout trendline, suggesting bullish continuation. A confirmed breakout with volume could push price to the projected target. Time Frame: 12H Risk Management Tip: Always use proper risk management.
IOTA Technical Setup Pattern: Falling Wedge Breakout Current Price: $0.2097 Target Price: $0.38 Target % Gain: 90.97% Technical Analysis: IOTA has broken out of a falling wedge on the 1D chart, confirming bullish momentum with a strong price surge and volume spike. A retest of the breakout zone appears to be holding well. Time Frame: 1D Risk Management Tip: Always use proper risk management.
The Dollar’s Throne—Shaky or Rock-Solid? Picture this: a gang of economic rebels—Brazil, Russia, India, China, South Africa, and their new BRICS+ pals—plotting to topple King Dollar from its global throne. The headlines scream “De-Dollarization!” as if the U.S. dollar is about to be dethroned by a shiny new BRICS currency, backed by gold, blockchain, or sheer ambition. Sounds like a blockbuster, right? Except, here’s the twist: the dollar’s throne isn’t just solid—it’s practically welded to the global economy. So, why does the BRICS crew think they can pull off this heist? And why are they doomed to trip over their own ambitions? Buckle up for a 5,000-word joyride through the wild world of global finance, where the dollar reigns supreme, BRICS dreams big, and the numbers tell a story funnier than a sitcom. Act 1: The Dollar’s Superpower—Why It’s Still King Let’s start with a jaw-dropping stat: the U.S. dollar accounts for 88% of international transactions through the SWIFT system and 59% of global central bank reserves as of 2024. That’s not just dominance; it’s the financial equivalent of the dollar flexing its biceps while other currencies watch from the sidelines. The euro? A distant second at 20% of reserves. China’s yuan? A measly 2.3%. The dollar’s grip is so tight, it’s practically giving the global economy a bear hug. Why does the dollar rule? It’s not just because Uncle Sam prints greenbacks like they’re going out of style (though the U.S. debt is a whopping $34 trillion in 2025). The dollar’s superpower lies in trust, liquidity, and infrastructure. The U.S. has deep, liquid financial markets, a stable (ish) legal system, and no capital controls—things no BRICS nation can match. Want to trade oil? Dollars. Settle a cross-border deal? Dollars. Hide your cash from your dictator boss? You guessed it—dollars. The greenback is the world’s financial comfort food, and everyone’s got a craving. But here’s where it gets juicy: BRICS thinks they can crash this party. At the 2024 Kazan Summit, Russia’s Vladimir Putin called the dollar a “weapon,” while China’s Xi Jinping pushed for a BRICS “Unit” currency. Sounds spicy, but let’s unpack why this plan is less Ocean’s Eleven and more Three Stooges. Act 2: BRICS’ Big Dream—And Bigger Problems The BRICS Fantasy: A Currency to Rule Them All BRICS (Brazil, Russia, India, China, South Africa, plus newbies like Iran, Saudi Arabia, and the UAE) wants to ditch the dollar for a new currency or a basket of their own—maybe even a gold-backed “Unit.” The pitch? Reduce reliance on the dollar, dodge U.S. sanctions, and flex their collective muscle (they represent 28% of global GDP and 44% of crude oil production). In 2023, one-fifth of oil trades sidestepped the dollar, a shift driven by Russia and China settling in rubles and yuan. That’s a bold move, right? Except, here’s the punchline: creating a BRICS currency is like herding cats while riding a unicycle and juggling flaming torches. Let’s break down why their dream is a logistical nightmare. Problem #1: No Trust, No Party BRICS nations don’t exactly exchange friendship bracelets. India and China? They’ve got border disputes so tense, their soldiers once threw rocks at each other. Russia and China might cozy up to dodge sanctions, but Brazil and India aren’t thrilled about Beijing calling the shots. A common currency needs trust—think the eurozone, where Germany and France (mostly) play nice. BRICS? It’s more like a reality show where everyone’s secretly voting each other off the island. X posts sum it up: “BRICS replacing the dollar? Mutual distrust and weak legal systems will kill any shared currency initiative.” Without trust, no one’s pooling their reserves or agreeing on who controls the money printer. Problem #2: The Yuan’s Not Ready for Prime Time China’s yuan is the closest BRICS has to a dollar rival, but it’s got stage fright. Only 7% of foreign exchange trading involves the yuan, and China’s capital controls keep it on a tight leash. Want to invest your yuan globally? Good luck—Beijing’s not keen on letting cash flow freely. Morgan Stanley’s strategists put it bluntly: “China would need to relax control of its currency and open the capital account. That’s not happening soon.” Plus, China’s economy isn’t exactly inspiring confidence. Consumer demand is sagging, and the property crisis is dragging on like a bad soap opera. The yuan’s share in global payments via SWIFT is up to 6.4% in 2024, but that’s still pocket change compared to the dollar’s dominance. Problem #3: Oil’s Not Enough BRICS+ produces 44% of global crude oil, so why not price it in their currencies? Saudi Arabia’s riyal is pegged to the dollar, and even their flirtation with yuan-based oil deals hasn’t gone far. Why? Oil is only 15% of global trade, and the dollar’s used for everything else—tech, cars, coffee, you name it. Even if BRICS prices oil in rubles or rupees, the rest of the world’s still paying for iPhones in dollars. And here’s a kicker: at the 2024 BRICS Summit, Russia advised attendees to bring dollars and euros because local banks preferred them over rubles. Talk about an own goal Act 3: The Dollar’s Kryptonite—Does It Exist? Let’s play devil’s advocate. Could BRICS pull off a miracle? They’ve got some tricks up their sleeves: blockchain-based payment systems like BRICS Bridge, gold-backed reserves (BRICS+ holds 42% of global FX reserves), and a push for local currency trade. Russia and China already settle 95% of their trade in rubles and yuan. That’s not nothing. But here’s the reality check: these moves are like bringing a water gun to a tank fight. The dollar’s dominance isn’t just about transactions; it’s about network effects. The greenback’s infrastructure—SWIFT, Wall Street, Treasury bonds—is a fortress. BRICS’ alternative, like the mBridge CBDC platform, is promising but embryonic. It connects China, Hong Kong, Thailand, the UAE, and Saudi Arabia, but it’s nowhere near replacing SWIFT’s global reach. And gold? BRICS loves it—gold’s 10% of their reserves, half the global average—but it’s not a currency. You can’t pay for Netflix with gold bars, and central banks aren’t keen on lugging bullion around. The Atlantic Council’s 2024 “Dollar Dominance Monitor” says it best: “The dollar’s role as the primary global reserve currency is secure in the near and medium term.” Act 4: Trump’s Tariffs and the De-Dollarization Drama Enter Donald Trump, stage right, with a megaphone and a tariff hammer. In 2025, he’s threatening 100% tariffs on BRICS nations if they push de-dollarization. “Any BRICS state that mentions the destruction of the dollar will lose access to America’s markets,” he thundered. Sounds like a plan to keep the dollar king, right? Wrong. Here’s the irony: Trump’s aggressive tactics might accelerate de-dollarization. Sanctions and tariffs make BRICS nations double down on alternatives. China’s been diversifying reserves and pushing yuan trade for years, partly because of U.S. pressure. As one analyst put it, “Trump’s threats are a rallying cry for BRICS to act.” But don’t hold your breath. Tariffs hurt BRICS economies (China’s exports to the U.S. are 15% of its total), but they don’t solve BRICS’ internal chaos. India’s External Affairs Minister S. Jaishankar said it plainly: “India has never been for de-dollarization.” Brazil’s also lukewarm, fearing a China-dominated BRICS. Without unity, their currency dreams are just hot air. Act 5: The Numbers Don’t Lie—Dollar’s Here to Stay Let’s crunch some numbers to seal the deal: SWIFT Transactions: Dollar: 88%. Euro: 20%. Yuan: 7%. Global Reserves: Dollar: 59%. Euro: 20%. Yuan: 2.3%. Oil Trade: 80% in dollars in 2023, down from 100%. Global Trade: 50% dollar-denominated. BRICS GDP: $28.5 trillion (28% of global). U.S.: $25.5 trillion (24%). The dollar’s share is slipping—reserves dropped from 72% post-WWII to 59%—but it’s still laps ahead. BRICS’ push for local currencies is gaining traction (Russia-China trade is 80% non-dollar), but scaling that globally is a pipe dream. The euro flopped as a dollar rival; the yuan’s too controlled; and a BRICS “Unit”? It’s a concept, not a currency. Act 6: Thought-Provoking Twist—What If BRICS Succeeds? Let’s indulge in a wild “what if.” Imagine BRICS pulls it off: a gold-backed Unit currency, blockchain payments, and oil priced in yuan. The dollar crashes, inflation spikes, and Americans pay $10 for a coffee. Scary, right? Former White House economist Joe Sullivan warned BRICS could swing an “economic wrecking ball” at the dollar. But here’s the catch: a BRICS win hurts BRICS too. Their economies rely on dollar-based trade—China holds $3 trillion in U.S. Treasury bonds. A dollar collapse tanks their assets. Plus, who trusts a BRICS currency when China’s calling the shots? As Ray Dalio noted, de-dollarization is “financial risk management,” not a revolution. BRICS wants options, not chaos. Act 7: The Funny Finale—BRICS’ Comedy of Errors Picture BRICS at a poker table, bluffing with a bad hand. Russia’s got rubles nobody wants. China’s yuan is chained to Beijing’s whims. India’s like, “I’m just here for the snacks.” Brazil’s dreaming of free trade, and South Africa’s wondering why they RSVP’d. Meanwhile, the dollar’s dealing cards, smirking, “You sure you wanna bet against me?” The de-dollarization saga is a comedy of errors—big talk, small results. BRICS’ heart is in it, but their heads are in the clouds. The dollar’s not perfect (hello, $34 trillion debt), but it’s the only game in town. As Morgan Stanley’s James Lord said, “When global markets fall, you want dollars.” Epilogue: Keep Your Eyes on the Dollar So, what’s the takeaway? De-dollarization is a catchy buzzword, but BRICS can’t dethrone the dollar anytime soon. The greenback’s too entrenched, BRICS too divided, and the world too hooked on dollar-based trade. Will BRICS chip away at the edges? Sure—expect more yuan trades and blockchain experiments. But a dollar-free world? That’s science fiction, not finance. For traders, here’s a tip: watch DXY’s inverted head-and-shoulders pattern. A breakout above 100 could signal another dollar rally. For everyone else, laugh at the BRICS hype, stash some dollars under your mattress, and enjoy the show. The dollar’s throne isn’t going anywhere—yet.
Lesson 15 Methodology Chart Reading: 1. Highest up volume wave (sellers could be there) 2. Placed AVWAP lines at the beginning of the wave 3. Wait for price to cross downward AVWAP line 4. Pull back with an Abnormal Speed Index of 24.1S , that's a hard to move up, meaning sellers are absorbing on the up move 5. Enter Short on a Plutus signal which in this case is a double signal WS (Wyckoff Spring) and PRS (Plutus Reversal Short) Enjoy!!!
With the large bearish master candle formed at the top, the structure has turned bearish. The green zone is the best and lowest-risk area for long positions or rebuys. Reaching this zone may take some time, but you can already add this symbol to your watchlist and wait for it to reach the area before entering a position. A 25%–45% return can be expected from this zone. A daily candle closing below the invalidation level will invalidate this analysis. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
BTC idea For 4H Bearish Trade !! Wait CF for Entry .
This week, the crude oil market witnessed a significant decline. Brent crude oil dropped by a cumulative 8.3%, and WTI crude oil fell by 7.5%. Both recorded their largest single-week declines since the end of March.??? OPEC+ convened a production meeting ahead of schedule and planned to discuss the production increase plan for June. The market bets that the probability of a production increase is as high as 70%. Previously, OPEC+ unexpectedly announced in April that it would increase daily production by 411,000 barrels starting from May, which is three times the original planned increase. This move aimed to punish member states that had overproduced oil. If production is further increased in June, it will further intensify the supply pressure on the market. Although the geopolitical tensions in the Middle East region have intensified, such as the postponement of the fourth round of nuclear negotiations between the United States and Iran, which has, to a certain extent, provided support for oil prices, judging from the overall market situation this week, this supporting effect has failed to offset the impact of increased supply and decreased demand. Overall, this week, under the intertwined influence of factors such as increased supply, uncertain demand prospects, and changes in the geopolitical situation, the crude oil market showed a significant downward trend. The market's expectations for crude oil prices are rather pessimistic, and it is expected that crude oil prices will still face certain downward pressure in the coming period. However, if OPEC+ changes its production increase plan, or if there is an unexpected improvement in the global economy, crude oil prices may rebound.