Sol forming higher lows in 1Hr TF What's your thoughts?
Hello Guys, A scalp position on gold: sell at market with a 0.5% risk, or a maximum of 1% risk on this trade. You should aim to move the trade to risk-free once you reach a 1:1 reward-to-risk ratio. https://www.tradingview.com/x/34VS5DiB/
In the current landscape, the gold market has been characterized by pronounced price volatility and retracements?. From a technical analysis perspective, an overbought correction has been anticipated for some time. Significantly, the Relative Strength Index (RSI) indicators on both the daily and weekly charts are displaying divergence⚠️, and the price has deviated considerably from its short - term moving average. This strongly indicates that a pullback is essential to restore technical equilibrium. It is important to highlight that the current pullback is not a simple, unidirectional decline. The numerous intraday rebounds are clear manifestations of the bulls' persistent strength?. In terms of fundamentals, the underlying support for gold remains robust. Geopolitical risks, especially the continuous intensification of the tariff impasse?, have maintained the market's strong demand for safe - haven assets. Consequently, this price adjustment should be viewed as a typical correction following the sharp rally in the previous period?. ??? XAUUSD??? ? Buy@3315 - 33325 ? TP 3340 - 3360 Traders, if you're fond of this perspective or have your own insights regarding it, feel free to share in the comments. I'm really looking forward to reading your thoughts! ? ?The accuracy rate of our daily signals has remained above 98% within a month! ? We sincerely welcome you to join our channel and share in the success with us! ?
Potential Head and Shoulders currently developing.
Gold targets the ABC pattern from the expected level of 1.618. II would like to share the idea with my friends. Have a nice day.
Bitcoin is now consolidating above $80,000. No bearish action is bullish action at this point in time. Sideways is bullish because there was strong buying and a confirmation of support after the last low. Bitcoin is consolidating before moving higher, additional growth. PancakeSwap Token hit bottom in early February and has been growing. This pair never moves on its on. It has been growing from its base, higher lows and an ascending triangle is present on the chart. PancakeSwap Token is bullish and building up strength for a bullish jump. The current price is trading above the November, September and August 2024 lows. What one does, the rest follows. PancakeSwap hit bottom a long time ago and a new All-Time High in late 2025 can put prices above $44, that's more than 2,300% potential for growth. This is do-able, you will be surprised if you think this is not possible because it will be done. Cryptocurrency is something amazing. It is highly predictable but at the same time it is hard to predict. We can easily get caught in the moment and forget that no matter what happens, the 4-year bull market is always something beyond expectations. The 4-years cycle culminates now, in 2025, but not early 2025 rather late 2025 and in this case there is the possibility of an extension into 2026. Even if the bull market extends beyond 2025, there will be very, very strong growth this year and really high prices late 2025. So the market will grow and do so with maximum strength. Regardless if the peak happens this year or next year, we are set to experience the biggest growth cycle in a decade... Are you prepared? Namaste.
Simple and yet effective. Price did retrace from upper pivot level yesterday. Today the upper trend should continue with bounce off lower pivot of 142.194, though most banks are on holiday
On April 13, MANTRA’s native token, OM, experienced a dramatic 92% drop in price, plummeting from over $7 to just $0.66. The sharp fall occurred around 18:28 UTC during a period of low market activity. This sudden crash erased most of OM’s recent gains, bringing the weekly loss to -89.73%. As of now, OM trades at $0.6591 with a daily decline of 9.68%. The token holds a market capitalization of $634.76 million, with 24-hour trading volume at $387.43 million, reflecting a 42.99% drop. MANTRA’s CEO, John Patrick Mullin, addressed the incident, clarifying that the collapse did not stem from any internal activity. He blamed the crash on “reckless forced closures” by centralized exchanges. Although no exchange was named, Mullin expressed concerns over the influence and decision-making power of these platforms, particularly during low liquidity windows such as Sunday evenings. In response to the unexpected decline, MANTRA launched an internal investigation to identify the root causes and verify the token’s current circulating supply. To restore investor confidence, the project also announced a token buyback and burn program. These actions aim to support holders and reinforce OM’s long-term stability. Technical Analysis The OM/USDT chart reveals aggressive selling pressure signaling panic selling. After peaking near $9.11, the price sharply reversed, erasing months of gains. The absence of any meaningful volume during the crash suggests that liquidity dried up rapidly, leading to cascading liquidations. The price now hovers around a potential psychological support zone, but sustained recovery will depend on renewed demand and market confidence.
Sometimes you just have to zoom out and look at which levels will produce the highest probability trade. if those levels do not get reached, then we should not trade them. Lets see if price gets to these levels tomorrow and if so we know how to position ourselves. Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade. Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit that thumbs up and share your thoughts below! This is not financial advice. This is for educational purposes only.
CRYPTOCAP:BTC forming a range and getting tight with lower than average volume, under a rising 150/200 MA (could be resistance). Shorter term MAs looking to cross 10/20. Will keep my eyes on NASDAQ:IBIT and CBOE:BITX if this range breaks in either direction