Bitcoin now stop dumping on 74k area this is good enough as long as bitcoin can keep its price to close above that there is a possibility we will retest to the price of 80k again the worst case scenario if it breaks 74k maybe we will find the price of 68k or even 65k
Für den spannenden Sci-Fi-Thriller mit Tom Cruise, der heute im Fernsehen läuft, wurde eine der geschäftigsten Straßen der Welt geräumt – für nur eine Szene.
On the BINANCE:PEPEUSDT 1D chart, price is moving within a broad accumulation zone between 0.000000633 and 0.000000393, an area that has held as support multiple times in the past. The Ichimoku cloud (10, 20, 40, 10) still shows short term bearish momentum, but the repeated defense of this zone suggests that long term buyers may be positioning for a potential reversal. A strong signal for continuation would be a breakout above the last swing high followed by a successful retest of the 0.000000633 level acting as new support. If this scenario plays out and the level is respected, it may confirm a structural shift and offer a solid opportunity for long term gains. Disclaimer: This content is for educational and informational purposes only. It does not represent financial advice or a recommendation to buy or sell any financial instrument. Trading involves risk, and you should only trade with money you can afford to lose.
There is no macro narrative nor equity flows to support any story of CRYPTOCAP:BTC bouncing back north. It will hit the next support levels at 100week and 200week SMA, which also correspond to the bottom of this bullish long term channel. There needs to be a positive macro narrative to facilitate the volumes needed to make the price movement trend north but I see indication of that in US or European markets for the foreseeable future.
Hey traders and investors! In the Initiative Analysis (IA) concept, which I recently introduced (link in related posts), there's a key structure called the market block. On the chart, we see the current market block on the daily timeframe — it's a buyer’s market block. Inside a buyer’s market block, there are two types of key contextual zones where it's logical to look for trade entries: Dominant buyer initiatives — initiatives where the correction didn't reach 50% of the initiative’s range. It's reasonable to look for bullish patterns when the price returns below the correction point in these initiatives. Seller initiatives located at the base of the market block or at the base of a trend movement that led to the formation of the market block. In our case, there is a dominant buyer initiative. The correction low in that initiative is 85072 — a level from which buyers have tried to rebound for the third time, without success. That’s why the price may likely fall to contextual zones inside the seller initiative. There are 4 possible types of such zones: upper and lower boundaries of the seller initiative; extreme point (low) within the initiative; the seller’s target level that hasn’t yet been reached. All four levels are marked on the chart. ? If you want to understand how this works in practice — keep reading. To everyone else — I wish you profitable trades! ________________________________________ ? What is a Market Block? Buyer and seller initiatives create chart structures that include ranges, transitions, and trend phases. As one side gains momentum, it breaks the previous extreme — this signals a shift in the market balance. It’s important that the breakout happens not from simply expanding a range but as part of a structured directional move (trend). The sequence of initiatives that leads to such a breakout is called a market block or trading segment. A market block ends when the opposite side forms the first counter-initiative. A market block includes all initiatives starting from the maximum correction point after the previous market block up to the first counter-initiative following the breakout. The start and end of a market block usually coincide with consolidation phases. On lower timeframes, a market block may appear as a single initiative on a higher timeframe. • If the upper extreme is broken — it's a buyer’s block. • If the lower extreme is broken — it's a seller’s block. ? Visual examples: • Both blocks below start and end with ranges. Both are buyer blocks: https://www.tradingview.com/x/1AYI6mJi/ When we look at four buyer market blocks that pushed price toward 109,000, the structure of buyer and seller initiatives clearly shows how the strength of buyers gradually faded: • First two blocks: seller initiatives only at the base, dominant buyer initiatives where corrections didn’t reach 50%. https://www.tradingview.com/x/1AYI6mJi/ • Third block: seller initiatives not only at the base, and more of them. • Final buyer block: seller initiatives cover 75% of the block’s price range. https://www.tradingview.com/x/EhBAQZSg/ ________________________________________ ? Let’s move from history to the current chart: If every contextual zone worked perfectly, price would always move up. In reality, such zones only increase the probability of a good entry if supported by confirmation — but they do not guarantee results. Here’s the latest market block on the hourly chart — a seller’s block: https://www.tradingview.com/x/mQbWGItT/ The initiatives between the last buyer block and the seller block do not form a proper market block, because the breakout above and below happened as a result of sideways expansions, not trend structure: https://www.tradingview.com/x/tA1zvMtF/ The current seller block looks structurally similar to the third buyer block: https://www.tradingview.com/x/G94Oi7wI/ So the seller isn’t as strong as the buyer was in the first and second blocks — but there’s also no active buyer, since the last correction ended near resistance at 93388. https://www.tradingview.com/x/55xpfZUu/ A new seller block is now forming on the hourly chart. Once a buyer initiative appears, the block will be considered complete. For now, it structurally resembles the fourth buyer block: https://www.tradingview.com/x/mcFonwGR/ Will the buyer initiative in this new seller block take up ~75% of the range — like it did before the 109K reversal? If so, the maximum expected drop could be the lower edge of the rectangle (72800–72700). ? This is the power of IA: instead of random candles, you see a structured narrative of buyer and seller actions. Clarity on the Chart. Smart Trading Decisions ________________________________________ ✅ Try it Yourself You can test these models on charts of different assets, practice identifying structures — and only then consider using IA as part of your strategy. Start by: 1. Choosing an asset 2. Marking buyer and seller initiatives 3. Identifying dominant and counter-initiatives 4. Observing how often corrections pause at contextual zones ? The more you train your eye, the more clearly you'll see price logic through the lens of IA. If you enjoyed this post — like it, share it, and leave a comment with your thoughts or questions. And if you missed the original post introducing the Initiative Analysis method — check the link in related posts! I wish you profitable trades!
The Elliott Wave perspective indicates that GBPJPY has entered a bearish sequence from its October 30, 2024 high. It signals further downside potential. From that peak, wave (W) concluded at 187.05, followed by a wave (X) rally that terminated at 195.94, as illustrated in the accompanying 1-hour chart. Currently, wave (Y) is unfolding lower, exhibiting an internal zigzag structure. Breaking it down from the wave (X) high, wave ((i)) declined to 192.7. The subsequent wave ((ii)) rally peaked at 195.77. The pair then resumed its descent in wave ((iii)), reaching 187.51, before a wave ((iv)) bounce concluded at 190.29. The final leg, wave ((v)), completed at 186.05, marking the end of wave A in a higher degree. From there, wave B unfolded as a zigzag corrective pattern: wave ((a)) rose to 188.83, and wave ((b)) pulled back to 187.09. Wave ((c)) advanced to 190.08, completing wave B. The pair has since resumed its decline in wave C. In the near term, as long as the pivotal high at 195.94 remains intact, any rallies are expected to falter in a 3, 7, or 11 swing structure, reinforcing the outlook for further downside. Traders monitoring this setup should anticipate limited upside and watch for confirmation of this bearish continuation.
Here we are with another market analysis. This time, a bit late in the week on a Wednesday, but it is what it is! We have CPI today and PPI tomorrow, so this should be an interesting week. Overall, gut instinct tells me we would be pushing lower for the DXY, but again, i'm not betting anything on it. I trade the candles, I trade the structure, I don't trade guesses. I hope you find the video analysis useful. Take care this week! - R2F Trading
Hello everyone, let’s explore and build a strategy for gold prices today! As of now, gold has officially lost the psychological level of 3000 USD. This metal is currently moving around the 2980 USD mark and continues to drag its downtrend since last Friday. Accordingly, gold is trading in a negative environment as the USD continues to benefit. In the early days of the week, gold lacks momentum due to the absence of any new announcements, causing buyers to remain hesitant and unable to intervene deeply in the market. Looking at the technical picture, the descending channel remains strongly active and shows no signs of stopping. In the short term, the Bears are expected to stay dominant as the EMA 34 and 89 have issued reversal signals. The current defense level is set around 2965 USD. If this level is broken, selling should continue to be considered. On the other hand, the resistance level at 3020 USD should also be watched, as it represents an ideal selling point, aligning with the upper boundary of the trend channel. Wishing you all happy and profitable trading!
On the BINANCE:ADAUSDT 1W chart, the price has retraced to the 78.6 Fibonacci level after a strong bullish impulse and is now forming a higher low, keeping the overall market structure intact. The Ichimoku cloud (10, 20, 40, 10) remains far above the current price, confirming there is still bearish pressure in the short term, but this also creates space for a sharp move up if momentum shifts. The Trend Strength Index (20, 10) is deep in oversold territory, signaling weakness, while price action shows early signs of accumulation. The two recent lows have built up liquidity, suggesting a possible sweep before a continuation to the upside. Long positions below 0.52 with a stop under 0.32 and a target near 1.32 offer a favorable risk to reward setup, especially if lower timeframes confirm a shift in direction. This area may represent a key long term opportunity if the bullish scenario plays out. Disclaimer: This content is for educational and informational purposes only. It does not represent financial advice or a recommendation to buy or sell any financial instrument. Trading involves risk, and you should only trade with money you can afford to lose.