After this week continuing its correction to 3202, at the end of the week gold found its support. This has the opportunity as a reversal area to continue its bullish trend. If Monday could break 3270, it has a strong posibility to reverse. Goodluck !
Waiting for breakout this resistant line You can buy some after breakout with a short -term target of at least 10%+.
CoreWeave is showing classic IPO 'honeymoon phase' price action, with early liquidity swept and bullish structure forming. ? Price swept the daily sell-side liquidity at $35.70 ? Now pushing higher — next major buyside targets at $55.04 and $65.22 ? Backed by NVIDIA, adding serious momentum and credibility ? Expecting strong continuation as institutions begin to build exposure If price maintains structure, this could be one of the strongest IPO moves of 2025.
Here is a chart of probably my favorite swing trade for the year. I am keeping it simple with this chart though. I am a firm believer in simple when it comes to trading. I think the previous descension and breakout is playing out very similarly to the current one. Both had a double top rejecting from their respective trendlines following the initial breaks of structure. BITX is currently making its second tap of the the trendline. If it plays out like the previous structure did that would suggest w could see one more low in store. I don't believe this to be the case but if it is this run could be postponed until the end summer/beginning of fall. I think it is more important to point out the relative strength in Bitcoin as of late, the weakness in the US dollar, as well as global liquidity having broke out months ago. I think the most likely scenario is a pullback from this point which will be followed by a higher low printing. I will say I also expect this pullback to be steeper than the one from the previous descension. Bitcoin and Indices are a lot more overextended than they were last time around and the structure in indices is a lot weaker than before. All this being said I am expecting a breakout to occur over the next several weeks just based off probabilities. It all depends on if BTC and indices and hold their respective demand/support levels. Bitcoin needs to hold 85k in order for a summer breakout to occur. For the S&P equivalent level this could be somewhere around 5200-5300. If these assets are not able to hold these levels my confidence will shift pretty dramatically. I would still expect a major rally to take place around the Q4 timeframe but I would be expecting a lot less upside. Price would likely have to chop around for a while before deciding if it wants to continue to the upside. I am basing this off market structure/Dow theory. It is important to take all possibilities into account and ultimately let the charts do the talking.
Price cleared buyside liquidity on the daily and is currently heading for the bottom of the range. Below the bottom sell side liquidity is a 5 minute institutional candle which caused the previous weeks rally. Price to bounce of 96k and head towards 98k in the coming days. Trade carefully
"ETH is at a critical level — next stop $3K or major rejection incoming? ? What's your take — breakout or breakdown? Share your charts and thoughts below ?"
heads and shoulder forming, bullish/bearish depending if your a day trader or a hedge funder. Similarities to Jan 11 2021 Heads and shoulder, Short term bearish, long term bullish
upcoming potential scalp limit order based on several patterns and price action.
This week in global finance and fintech: new leadership at INFINOX, expanded crypto access from Morgan Stanley to Bunq, record-breaking results from brokers like Robinhood and XTB, and fresh regulatory crackdowns from the SEC. Here’s your roundup of the biggest moves and headlines INFINOX Capital Appoints Lee Holmes as CEO INFINOX Capital Ltd, regulated by […]
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! Your usual host Kirsten has passed the reins to me, Rebecca Bellan, for the day, and I want to talk about Aurora Innovation and its last-minute save.  […]