the TONUSDT erpetual contract has taken serious damage in this correction so its time for a relief rally upwards, long position open now lest go for some sweet action
Stock Market Analysis | NASDAQ:QQQ & AMEX:SPY Mag 7 Analysis | NASDAQ:TSLA NASDAQ:NVDA AAPL AMZN MSFT GOOGL META
Gold price crashed over 2.8% as Powell turns hawkish on tariffs and inflation. But right now gold needs a upward correction. There is a bell curve area and market left multiple sps. Fundamental is also on gold side. Safe heaven movement is still on because of tariff and war situation.
In the worst case scenario Bitcoin can go back to 8k, making a huge collapse after the insane boom. Something similar to the dot com boom, mega reverse. Trump administration is killing the econoomy with trade war that can get much worse then we are seeing. In my view or trump leaves office or we are going to the biggest recession ever, literally all bankrupt
Index has declined more than 20% and we've failed RSI 40 on weekly, indicating a bear market has started. Best case scenario, I could see it bottoming around 16,666/15000 and recovering very quickly with a blow-off top +100% in less than a year, similar to 2000, topping around 30k-33k. Bear markets typically last 3M-3Y, with most ending in a year or less. This one topped mid Q1, so mid Q2, Mid-May, might be a great time to buy, if only for a few weeks. Bottoming there after 3M would fit close to orange pattern, or stretch it 3M to bottom mid Q3, October. Green pattern is the only 1:1 with 2022 top to present, with a bottom around 1Yr and then blue and green are steeper variation bottoming a little later, mid 3Y. Pink is more of a 2000 top with 3Y bear market, but would just be a recession. Red is worst case scenario; great depression followed by rapid hyperinflation that sends markets screaming with exponential gains just to outrun inflation. You can stretch the scales on idea to zoom in and out and see the patterns better, or try drawing your own. Linked are my ideas from 2022 top. There is more confirming TA, but removed for clarity on an already busy chart.
GBP/USD is showing strong bullish momentum, pushing toward the key resistance zone between 1.33000–1.36000. However, a short-term correction may occur before the next leg higher. Key Levels: Support Zone: 1.27983 Resistance Zone (Target): 1.33000–1.36000 Invalidation Level of Bullish Trend: 1.22544 Bearish Scenario: If 1.22544 breaks, eyes on 1.13843 The structure supports bullish continuation unless price breaks below 1.22544. Stay patient and look for clean entries post-correction.
S ~ 12H Analysis #S Buy gradually from here if you still have a Conviction on this coin with a short -term target of at least 10%+.
EUR/USD looks set for a bullish continuation as it moves into wave 5 of wave C. After completing wave 4, price is expected to rally toward the 1.18000–1.20000 zone. Wave Structure Outlook: Wave 3: Completed Wave 4: Correction in progress Wave 5 Target: 1.18000+ zone Invalidation Level: 1.04216 As long as price holds above the invalidation level, the bullish count remains valid. Watch for price action confirmation to join the rally.
Channels can be drawn in many ways because of fractal nature of markets. Every one could draw different channels and they all could be valid, So I prefer to draw a few likely ones some short term and others long term and find a cluster of convergence for high probability. No one is perfect So just presenting what I see in NDX, mot likely ones I expect Vix to reach 70, levels reached in 2008-GFC and 2020-covid. The tariff is a significant event in American history
Plotted from 4 hour candles looking for areas of interest along with 15 min candles. . My personal assumptions to see how my modeling will play out. Not financial advice.