the markets again had a nice drop today. xrp is now at the level i was looking for a long, just for a small bounce to 2.27 in the next couple days or weeks. i dont believe its gonna loose this level yet. not yet. entry 1.87 stoploss 1.75 take profit 2.27
Costco has formed a clear Head and Shoulders pattern within an ascending channel that supported price action since late 2023. The recent break below the neckline suggests a potential trend reversal and opens the door for a deeper correction. Price has broken the lower boundary of the channel and is currently trading around $916.48. If bearish momentum continues, key support levels to watch are: ? $876.47 – first reaction zone after the breakdown. ? $788.38 – intermediate support. ? $713.76 – measured move target from the H&S pattern. The bearish outlook would be invalidated with a sustained recovery above the $1,000 area. ? Bearish bias remains as long as price stays below the neckline and inside the descending structure.
Short thesis for SPX500 ? Market Alert: SPX500 Approaching Critical Zone (April 6, 2025) Volatility (VIX) just surged to 45—markets are feeling significant fear. This creates high-quality swing-trading opportunities. ? Why this area is important: Key Support Flip: Previous strong weekly resistance could now act as critical support. High-Timeframe Imbalance: SPX500 is retesting the exact demand zone that launched the powerful rally from October 2022 → February 2024. 50% Fibonacci Level: Perfect retracement to the midpoint of the entire 2022–2024 bullish leg. ⚠️ What I'm watching for (No-Chase Method): ✅ Lower-timeframe liquidity sweeps + Break of Structure (BOS) as confirmation. ✅ Volume spikes indicating smart-money engagement. ✅ Signs of VIX easing (below ~35), reinforcing bullish reversal thesis.
This 'MIGHT' be the market how will go. Keypoints: - 2 Year consolidation after runs - The last run for alts seems poured out on SOL and meme coins and OG coins - Bearish divergences, looming recession, tariff, impending war threats and so on
Elliott Wave Pattern for BtC with Super Long Time Frame short term price finds support 67-62k. waiting for opportunity for new bull run
Silver (XAGUSD) is currently exhibiting signs of being overextended, as evidenced by its recent price action on the daily and 4-hour timeframes. The metal has traded into a critical support zone, marked by previous lows on the daily chart. This zone represents a significant area of interest, as it has historically acted as a key level for buyers to step in. However, the current price action has dipped below these lows, eating into sell-side liquidity in the form of stop-loss orders placed beneath this level. This liquidity grab is a classic move often seen in markets before a potential reversal. On the 15-minute timeframe, the price is consolidating within a range, suggesting a possible accumulation. A break above this range, accompanied by a bullish market structure shift, could signal the beginning of a reversal and provide a compelling buy opportunity. This aligns with the idea of a "spring" in Wyckoff theory, where price manipulates liquidity before reversing direction. Traders should remain patient and wait for confirmation of a bullish breakout on the lower timeframe before entering long positions. Key factors to monitor include strong bullish momentum, a clear break of the range, and the formation of higher highs and higher lows. Until these conditions are met, caution is advised, as the current downtrend could persist. ?➡️? Key Levels to Watch: Support Zone: Previous daily lows (now acting as a liquidity zone). Resistance Zone: The upper boundary of the current 15-minute range. Trading Plan: Wait for a break of the 15-minute range to the upside. ? Look for a bullish market structure shift (higher highs and higher lows). ? Enter long positions with a tight stop-loss below the range low. ?️ Target key resistance levels on the 4-hour and daily timeframes for potential take-profit zones. ? This analysis highlights the importance of patience and discipline in trading. While the current setup is promising, confirmation is key to avoid premature entries. As always, this is not financial advice, and traders should conduct their own due diligence before making any decisions. ⚠️
Is SOFI heading to 6.70ish price range? are we in the mark down phase of the Wyckoff Market Cycle? Hopefully not! we need some motivation to get back to the 14.00 price range for a fighting chance. Please see chart for visual reference.
Technical Analysis: The US30 has established a strong support base at 40500, with major support at 40000 serving as a safety net. Price action shows an upward channel formation on the 4-hour chart, indicating potential trend reversal. The risk-reward ratio of 1.60 (500 points risk for 800 points potential reward) provides favorable trading conditions. Recent price action demonstrates higher lows, suggesting accumulation phase and bullish momentum building. Sentiment Analysis: Market sentiment shows cautious optimism despite recent volatility. Institutional investors maintain bullish positions, particularly in technology and energy sectors. The AAII Investor Sentiment Survey indicates decreased bullish sentiment, which often serves as a contrarian indicator suggesting potential upside movement. Economic forecasts pointing toward a soft landing rather than hard recession support continued equity market strength. Support and Resistance Levels: Entry zone established around 40500, supported by historical price action and recent consolidation patterns. Major support at 40000 provides clear stop loss level, limiting downside risk. Target of 41300 aligns with previous resistance zone, offering realistic profit objective before encountering major resistance at 41500. Multiple tests of support levels have created strong foundation for upward movement. Trade Management: Entry: 40500 Stop Loss: 40000 (500 points risk) Target: 41300 (800 points reward) Risk/Reward: 1.60 Additional Considerations: Recent market correction has created oversold conditions, suggesting potential mean reversion toward higher levels. Institutional buying pressure remains strong, with increased volume on upward movements. Technical indicators suggest room for upside before reaching overbought conditions. The 2024 performance showing 12.88% gain supports continued bullish momentum. The combination of strong technical setup, positive institutional sentiment, and clearly defined support/resistance levels presents a compelling case for longing US30 with 41300 target. The favorable risk-reward ratio and multiple confirmation factors enhance the probability of successful trade execution.
Market Analysis: BTC Weekly and Daily Outlook Since BTC has closed its weekly (W) candle—let’s call it a tentative success—we’ll follow up with a view to reflect the market’s intent for the upcoming week. Here’s the breakdown: ------------------------------------------------------------- Weekly Candle Perspective Why isn’t BTC continuing to rise and instead dropping? BTC has hit a peak on its most recent upward slope. The current process is about BTC forming a bottom on the weekly timeframe. If the structure for this bottoming process isn’t fully complete, it must finalize, which means BTC has to decline. You can see two key price zones BTC will inevitably pass through: Zone 1: 72k–75k (pretty close already). Zone 2: 64k–68k (still about $10,000 away). Zone 3 (not yet visible, likely around May): 53,000 USD. Thus, BTC’s decline is a certainty—it’s already been hinted at before April, and as early as the start of April, I’ve detailed its bottoming roadmap in a few posts. For now, we leave open the question of whether BTC, after forming this weekly bottom, will return to its previous all-time high (ATH). We’ll get confirmation by mid-April or when the monthly candle closes. --------------------------------------------------------------- Daily Candle (D1) Perspective What will BTC do on D1 in the coming days (this week)? There’s one critical task D1 needs to execute thoroughly: push the price to the 72k or 70k zone as soon as possible and close a strong, decisive candle there. If that happens, we’ll see the price drop into the lower 6X range. If the candle closes weakly or indecisively, we’ll only dip below 76k—under the previous bottom—and that’ll still count as D1 completing its mission. Here’s how we assess D1: Previous bottom: 76k. A D1 close below this level is a success. 70k–72k: A D1 close below this zone allows us to expect a drop to 68k or lower. Conversely: If neither happens, consider taking profits on your swing short trades and waiting for the next signal, folks. Summary Weekly (W) Frame: BTC is forming a bottom right now, and this process will determine whether it rises again or keeps falling. Watch the bottoming price zones closely. BTC W and ATH: Whether it retests ATH depends on how this bottoming phase plays out. D1 This Week: Hold your swing SHORT positions and prepare to take profits. Where to exit? Monitor the D1 candle closes. Enjoy the analysis. Good luck!
WHR may actually benefit from the Trump Tariffs per the bounce. Value stocks have been dropping along with the market wide crash. Watch Blue Genesis fib at 85.57 then Golden Covid above at 87.86.