Current Price: 29710 Upside: 32277.50, 32946.88 and 33616.25 Downside: 28707.50, 28038.13 and 27368.75
Yello Paradisers! Is #NEAR about to trap thousands of traders chasing this last move up, only to reverse and flush hard? Let’s take a closer look at the #NearProtocol setup: ?#NEARUSD is trading at $2.585, slowly grinding higher within a clearly defined Ending Diagonal structure. This textbook formation often tricks even experienced traders into entering too early. The current wave count suggests we’re in the final leg, Wave 5 is still in play, but it’s unfolding suspiciously close to a heavy resistance zone, one that previously acted as strong resistance and rejected it. ?This zone, sitting around the $2.80–$2.90 area, is the key pivot for this entire setup. The bearish structure would be invalidated if #NEAR manages to break and close above this resistance with conviction, especially backed by strong volume. That kind of breakout would suggest the market still has bullish momentum and could drive the price toward the $3.00 region or higher. However, without a convincing breakout, the odds are still skewed to the downside. ?As long as the price remains under this critical resistance zone, the Ending Diagonal pattern remains valid, and history has shown how brutal the reversal from this structure can be. A failure to break out cleanly is likely to lead to a sharp and rapid decline. The first area of interest on the way down would be the $2.153 level, an important support that the price has reacted to in the past. ?Should this level break, the door opens to a deeper correction targeting $1.819, where the Volume Profile begins to rise again and buyers have previously stepped in. Momentum indicators are also not aligning with the bullish case. The RSI is showing clear signs of weakening strength, failing to keep up with the price as the move extends into the final wave. Play it safe, respect the structure, and let the market come to you! MyCryptoParadise iFeel the success?
Gold has dropped over 700 pips since yesterday evening, suggesting further price correction. This is primarily due to strong US dollar data indicating potential correction in DXY Index prices. Additionally, there are speculations that the US has reached out to China for trade talks, although this has not been confirmed. Today and tomorrow are major trading days, with significant news expected to shape gold prices. For now, you can monitor the prices or take entry if they reach your chosen risk management area. The decision to enter or exit is entirely up to your analysis. Good luck and trade safely! Thank you for your unwavering support! ? If you’d like to contribute, here are a few ways you can help us: - Like our ideas - Comment on our ideas - Share our ideas Team Setupsfx_ ❤️?
Btcusdt hedefim long yönlüydü ama kısa stopla short denedik şimdi longa devam.ytd.
? Technical Analysis ● Price exited a 3-month descending channel and is climbing inside a new rising channel; $91 500 support keeps bulls in control. ● Price just under the $95k supply zone; a break unlocks the upper rail near GETTEX:98K and the next objective at $106k. ? Fundamental Analysis ● Spot-BTC ETFs hauled in ≈ $3.4 B last week, underscoring persistent institutional demand. ● US JOLTS openings fell to a four-year low, boosting Fed rate-cut odds and softening the USD—both tail-winds for Bitcoin. ✨ Summary Rising-channel structure, hefty ETF inflows, and softer U.S. data favor a push above $95 K toward $98 K–106 K; bias invalidated below $91 500. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
Just price, structure, and volume — tracked in real time. ? Chart Breakdown: ✅ Early Short Trap / Failed Breakdown — Sellers tried to press lower early, but price held key levels and reversed. That shift became the foundation for the entire move that followed. ✅ Breakout Long Trigger — After reclaiming structure, price drove into new highs with strong follow-through. Volume confirmed the breakout. ⛔ Top Rejection — Price pushed into resistance but couldn’t hold. Momentum faded, candles hesitated, and sellers stepped in. ✅ Fib-Based Bounce — After the pullback, price responded cleanly off fib-based support. The bounce was sharp, and volume backed it. ✅ Steady Uptrend Structure — Price moved in an orderly fashion. Small pullbacks held structure, and volume stayed supportive — a textbook controlled climb. ⛔ Range Resistance — Price returned to a previously rejected zone. Wicks and hesitation reappeared. ? Current Breakout Watch — Price is testing that resistance again. A reclaim with strength signals continuation. Another fade? Let it go. Always happy to be helpful.
US100 successfully breaks a neckline of a double buttom like structure! We may continue to see a continuous movement in price to the upside. Next resistance level could be the area of 20,267 (pullback resistance) A buy opportunity is envisaged from the current market price
Weekly we are bearish to go and purched some SLs? Mainly we are Bullish Just need a lil jump start from lower price Lets see how this plays out
Given the strength of the active c-wave, Gold can be expected to fall to the next support level 3172.00 (former top of wave iii from the start of April and the target price for the completion of the active ABC correction 4).
Crypto exchange Kraken has launched derivatives trading in the United Kingdom, expanding access to a product that now accounts for a growing share of the platform’s volume. The service is available exclusively to clients who qualify as “Professional Clients” under the UK’s Financial Conduct Authority (FCA) rules. The rollout was initially limited to a select […]