??? Altcoin Breakout or Breakdown? Key Levels Ahead ?? Hey Traders! Let’s talk about what’s really going on in the altcoin scene ? We’re still in a heavy Bitcoin-dominated market (BTC.D at 64%), but TOTAL3—the market cap for altcoins excluding BTC and ETH—is setting up for something big. ? We’re currently trading in a tight range between $740B support and $779B resistance—both key Fibonacci levels. Sound familiar? That’s because we were in the exact same range back on Nov 24, right before a major move! ? ➡️ A confirmed breakout above $780B could send TOTAL3 surging toward the next major resistance at $929B. ⬅️ But if $740B breaks, we’re eyeing a move down to $641B, where crucial trendline support comes into play. Zooming out, altcoins are still licking their wounds from the trillion-dollar highs. The space has been wild: Trump tokens, meme coin madness, the OM token collapse—volatility is the name of the game. But are you still bullish on real, utility-driven projects? ? Let’s discuss: Are you riding this altcoin wave, or sitting on the sidelines until the storm passes? Do you have faith in 'Crypto' and can the good projects make history, or will the market suffer indefinitely from Presidents launching meme tokens, Fartcoins and Pumpfuns dominating a space with no ethics or loyalty? ? Check the chart and share your thoughts below. One Love, The FXPROFESSOR ?
**USOIL M30 Trading Idea (April 16, 2025)** **Setup Type:** Short (Sell) Setup **Market Outlook:** The price is currently trading around **61.76**. Based on the structure and expected movement, the chart indicates a potential bearish reversal after a short-term rally. **Planned Strategy:** - **Entry Point:** Around **62.28 - 62.47** Price is expected to rise into this resistance zone. This area can be used to enter short positions. - **Target Point:** Around **60.25 - 60.02** This is the projected support zone where the price may find buying interest again, hence ideal for profit-taking. **Trade Idea:** Wait for the price to rise into the resistance zone (entry area). Look for rejection signals or bearish candlestick patterns (like a bearish engulfing, pin bar, or double top) to confirm the short entry. If confirmation appears, enter a **sell position** targeting the lower blue zone as the take-profit area. **Key Levels:** - **Resistance Zone (Entry Area):** 62.28 – 62.47 - **Support Zone (Target Area):** 60.25 – 60.02 **Risk Management Tip:** Place stop-loss just above 62.50 to protect against a breakout above resistance.
In this video I discuss my view on gold and GU be mindful of everything when trading these markets
Ray is currently moving up longer-term. A trade could be caught on the zones shown
HI Dears, my own setup for buy opportunity #THEUSDT #theusdt Entry 1 : 0.2182 Entry 2: 0.2114 you can see partial exit points if you will see pullback patterns with 5TPs. stop loss: 0.2071 (3.49%)
Market Analysis Update: The Current Imbalance: A Pivotal Moment The market is at a critical juncture, poised between two potential trajectories. The current imbalance between supply and demand has set the stage for a significant move, either to the upside or downside. Key Level to Watch: $154.72 (4-Hour Candle Close) The $154.72 level is the make-or-break point that will determine the market's next direction. A decisive 4-hour candle close above this threshold could signal a strong bullish momentum, potentially driving prices towards the Daily Volume Imbalance zone. Upside Potential: Daily Volume Imbalance If the market breaks above $154.72 and sustains the momentum, we can expect to see prices move towards the Daily Volume Imbalance area. This could be a key target for bulls, with potential for further upside. Downside Risk: Engulfing Buy Level & 1W FVG Area However, if the market fails to breach the $154.72 level, we may witness a decline towards the Engulfing Buy Level, which conveniently overlaps with the 1-Week Fair Value Gap (FVG) Area. Additionally, there's minor Sell-side liquidity nearby, which could influence price action. What to Expect Next? The market's next move hinges on its ability to break above or reject the $154.72 level. As we monitor this crucial threshold, we'll be watching for signs of strength or weakness that will inform our next steps. Stay tuned for further updates and analysis!
Elliott wave+ SMC concept analysis Summary for Everyone: GBP/USD is going up right now. Target zone: 1.55–1.60 Then a big drop is possible
**USOIL M30 Trading Idea (April 16, 2025)** **Setup Type:** Short (Sell) Setup **Market Outlook:** The price is currently trading around **61.76**. Based on the structure and expected movement, the chart indicates a potential bearish reversal after a short-term rally. **Planned Strategy:** - **Entry Point:** Around **62.28 - 62.47** Price is expected to rise into this resistance zone. This area can be used to enter short positions. - **Target Point:** Around **60.25 - 60.02** This is the projected support zone where the price may find buying interest again, hence ideal for profit-taking. **Trade Idea:** Wait for the price to rise into the resistance zone (entry area). Look for rejection signals or bearish candlestick patterns (like a bearish engulfing, pin bar, or double top) to confirm the short entry. If confirmation appears, enter a **sell position** targeting the lower blue zone as the take-profit area. **Key Levels:** - **Resistance Zone (Entry Area):** 62.28 – 62.47 - **Support Zone (Target Area):** 60.25 – 60.02 **Risk Management Tip:** Place stop-loss just above 62.50 to protect against a breakout above resistance
The sell off analysis from April 14th is currently up by 558 pips at the moment as I type this out. I currently have 3 entries in this sell to bull support off the 2nd low on April 10th.
Gold will continue to surge higher as investors surce for safe haven, due to the Trump Tarrif war. A slight drop before the boom is likely as seen in the chart.