BTC is currently at 96,565 and showing signs of potential downside; if it breaks below the key support level of 96,151, it could drop further toward 94,900 or even lower. Manage your risk. Thanks ?
Since 1861, silver and crude oil charts have trended together rather well. So, if you think there is a "cartel" which manipulates the silver, there must also be manipulating crude oil. Or, the more logical explanation is that capital flows are carving out these price charts.
Gold is currently sitting right at a major 4H demand zone (2627–2611), which also aligns with the third touch of a descending channel support — a classic potential reversal signal. Bulls may look for confirmation here, but if this zone fails, we could head lower toward the next demand zone
Alright guys, zones can be touched and react multiple times, but sooner or later structures get broken. after entering twice times on the second trade. I won’t use that zone BULLISH anymore, I’m done today. I use 3 take profit levels to catch more points and always hold some partials, but today all trades hit full Tp1-2-3-so that’s it for now. See you Tomorow morning on Pakistan session last day of the week
A weekly chart of DOGE/USDT on Binance, spanning from 2017 to early 2025 shows a clear descending triangle pattern that has formed over several years, characterized by a flat support base around $0.0030-$0.0040 (2017-2020) and a downward-sloping resistance trendline connecting lower highs over time. The price has recently broken out of this pattern and is showing signs of bullish momentum. Descending Triangle Pattern: - A descending triangle is typically a continuation pattern, but in this case, it acted as a reversal pattern after a prolonged downtrend. The flat base of the triangle (around $0.0030-$0.0040) served as strong support, with the price bouncing off this level multiple times between 2017 and 2020. - The upper trendline of the triangle, which slopes downward, connected key lower highs at approximately $0.069 (2018), $0.018 (2019), and $0.010 (2020). This trendline was tested multiple times, showing consistent selling pressure at these levels. - In early 2021, the price broke above this trendline with a strong bullish candle, accompanied by a significant spike in volume (visible at the bottom of the chart). This breakout confirmed the end of the consolidation phase and the start of a new uptrend. Post-Breakout Price Action: - After the breakout, DOGE/USDT surged dramatically, reaching a high of $0.737 in 2021, driven by market hype and increased adoption. However, the price then entered a corrective phase, pulling back to retest the breakout level around $0.169 in 2023. This retest is a common occurrence after a breakout, as it confirms the previous resistance as new support. - The price has since consolidated in a range between $0.130 and $0.237, forming a rectangular consolidation zone (highlighted in yellow on the chart). This range indicates indecision in the market, with buyers and sellers battling for control. - Recently, the price has approached the upper boundary of this range at $0.237, and the current candle (as of early 2025) shows a push towards this resistance. A breakout above this level would signal the continuation of the bullish trend. Key Levels to Watch: - Support Zone ($0.130-$0.150): This area has acted as a strong support during the consolidation phase. If the price fails to break above $0.237, it may pull back to this zone for another retest. A break below $0.130 would invalidate the bullish setup and could lead to a deeper correction towards $0.069. - Resistance Zone ($0.237): This is the immediate hurdle for DOGE/USDT. A confirmed break above this level, especially with strong volume, would confirm the continuation of the uptrend. - Next Resistance ($0.400-$0.450): The measured move of the descending triangle can be calculated by taking the height of the triangle (from the base at $0.003 to the highest point at $0.069, roughly $0.066) and adding it to the breakout point (around $0.169). This gives a target range of $0.235-$0.400. However, considering the momentum and historical price action, the price could extend towards $0.450 if bullish sentiment persists. Volume Analysis: - Volume spiked significantly during the breakout in 2021, confirming the strength of the move. However, during the consolidation phase (2023-2025), volume has been relatively low, indicating a lack of strong directional momentum. - For the breakout above $0.237 to be valid, we would ideally want to see an increase in volume, signaling renewed buying interest. Without this, the breakout could be a false move, leading to a rejection and pullback. Market Context and Risks: - DOGE/USDT is known for its volatility, often driven by market sentiment, social media hype, and news events. While the technical setup looks bullish, external factors could impact the price. For example, a broader market downturn or negative news could lead to a rejection at $0.237. - The weekly timeframe suggests a long-term perspective, so traders should be prepared for potential short-term volatility. Using a stop loss below $0.169 helps manage risk in case the setup fails.
This 4-hour chart of the US Dollar Index (DXY) shows price trading within an ascending channel, currently testing a resistance zone around 100.50–100.80. If the resistance holds, a pullback to the lower boundary of the channel or the highlighted retest zone near 99.50 is possible. However, a breakout above resistance may lead to further bullish continuation toward the marked 1st and 2nd target zones above 101. The chart also highlights recent change-of-character (ChoCH) signals, suggesting a shift toward bullish momentum. TP1 (1st Target): Around 100.85 – 101.00 — just above the current resistance zone. TP2 (2nd Target): Around 101.40 – 101.50 — the upper boundary of the ascending channel. Note: If the market does not retest and breaks directly above the resistance zone, we will enter a buy position on the breakout and aim for targets at 100.85 (TP1) and 101.50 (TP2).
M15 chart currently running in corrective mode. Because, 5 mins timeframe showing CHoCH & continuously making BOS in down trend. So, we will look for short sell opportunity. Now we have to wait for inducement(55230) or another it can make lower low again and then grab the last pullback to take the sell entry. So, now two levels are there to take the entry for short sell (1) above the liquidity ($$$) zone (>55273 level) (2) The best option to wait for coming back the price at supply zone.
Im Video zeige ich den Widerstand im Bereich von 0,5300 CHF gegen den AUD. Möglicherweise liegt eine gute Short-Gelegenheit vor.
Wie im Video gezeigt, hat der SPX das 61,8 % Fibonacci Korrekturniveau erreicht und es wurde das offene Gap vom 3. April 2025 geschlossen. Möglicherweise werden sich zunächst wieder die Bären am US-Aktienmarkt durchsetzen.
Coinbase will suspend trading of the MOVE token, the native asset of the Movement Network, on May 15, citing concerns over the token’s compliance with its listing standards. In a post on X, Coinbase said that trading for MOVE will be halted across all its platforms, including Coinbase Exchange, Prime, and both Simple and Advanced […]