Chart Analysis & Trade Setup: This XAU/USD (Gold/US Dollar) 4H chart illustrates a classic Wyckoff Distribution pattern, signaling a potential trend reversal. After reaching a buying climax, Gold has broken below key support, forming lower lows, which suggests further bearish pressure. Wyckoff Structure Breakdown: 1️⃣ Resistance Break – The initial bullish breakout created new highs. 2️⃣ Buying Climax (BC) – A strong move up exhausted buyers. 3️⃣ Automatic Rally (AR) – Price retraced but held above previous support. 4️⃣ Resistance Confirmation – Price tested resistance again, forming a double-top pattern. 5️⃣ Spring Formation – A false breakout attempt before distribution. 6️⃣ Lower Low Formation – The price has now broken below major support, signaling potential further downside. Trade Plan & Key Levels: ✅ Potential Long Entry: If price forms a bullish reversal pattern around 2,880 - 2,885 USD, traders may look for long positions targeting 2,920 - 2,940 USD. ? Bearish Continuation: If Gold fails to reclaim 2,900 USD, the next downside target is 2,850 USD. ? Target 1: 2,920 USD (Short-term resistance). ? Target 2: 2,940 USD (Key swing high). ? Stop Loss: Below 2,865 USD to manage risk.
? Welcome to TradeCityPro Channel! Let's go together to analyze and review Litecoin analysis, one of the oldest coins in the market, and let's go to update the triggers of the previous analysis! ? Overview Bitcoin Before starting today's altcoin analysis, let's look at Bitcoin on the 1-hour timeframe. Since yesterday, Bitcoin experienced a correction, which was necessary for the market, and it pulled back to the 102135 range. The next trigger for a long position will be a breakout above 104714. Yesterday's correction, coupled with an increase in Bitcoin dominance, caused noticeable declines in some altcoins. This highlights the importance of monitoring BTC pairs in your checklist these days. https://www.tradingview.com/chart/BTCUSDT/rbMn7vfd-TradeCityPro-Bitcoin-Daily-Analysis-18/ ? Weekly Timeframe On the weekly time frame, it is one of the coins that is in a good position compared to the coins and has had the least correction in recent declines and is in this position due to the possibility of ETF approval There is no need to complicate things in this time frame and after the break of 136.45, we will buy and be above 98.44. This trigger is valid and we do not have much of an exit trigger for the conditions of these days on this chart and for now it is better to continue holding https://www.tradingview.com/x/bpQyAwml/ ? Daily Timeframe On the daily time frame, we are also in a good position and we had a good return after the recent market decline due to the Bybit hack and Trump's tariffs and this is a good thing! After breaking the 75.01 level and exiting the daily box and breaking its ceiling, we moved up to the resistance of 136.45 and are now fluctuating between the 98.44 to 136.45 boxes. We also had a curve line in this time frame that was a good support for this event and every time we hit it, we made a good move upwards, but after its failure, it can be said that the upward trend moved into the range and went to form a new structure. To buy spot after the 136.45 trigger is broken, we can buy for spot with a stop loss of 98.44 and as long as we are above 114.38, the 136.45 trigger is very important for us and it shows us more the strength of buyers and in case of a 98.44 break, we will go for 89 and 80 and we will have a price correction. https://www.tradingview.com/x/MgXdbWqv/ ? Final Thoughts Stay calm, trade wisely, and let's capture the market's best opportunities! This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends!
With volatility increasing, the next move could set the tone for the coming weeks. Will BTC break out and push higher, or face rejection and retrace? Watch closely! ? What’s your bias? Bullish or bearish? Let me know in the comments!
2/27/25 :: VROCKSTAR :: NASDAQ:QQQ bottom. everyone thinks it's the beginning of the end i'm finally going long w/ leverage ST stuff this was the NVDA leverage flush we were looking for post EPS (see last QQQ note) V
Here's my full thought process: What I See : I'm looking at the GBPUSD daily timeframe, and I see a recent upward move. This makes me think we might be in a bullish trend or a recovery phase. Key Levels I've Marked: I've identified 1.2861 as a resistance level. I'm thinking this could be my target if the price moves upwards. I've also marked 1.2539 and 1.2433 as potential support levels. I think the price might pull back to these areas. My Retracement Idea: I'm expecting a pullback from the current price. It's a common pattern in trending markets, and I believe that it will happen here. I'm watching those support zones (1.2539 and 1.2433) closely. I think buyers might step in there. I've added Fibonacci retracement levels (0.382 and 0.618) to my chart. I'm using these to gauge how deep the retracement might be. My Potential Upward Move Prediction: I'm targeting 1.2861 as a potential resistance level. I feel that the price has the potential to move upwards to that area after the retracement. I'm thinking this pullback will be a continuation of the bullish trend. So, I'm looking for buying opportunities at those support levels. Tools I'm Using: I'm using a Supply & Demand Zone Indicator. It helps me see potential buying and selling pressure areas. I'm also using Fibonacci retracement levels to predict retracement depths and potential entry points.
I've spoken for a while about Ethereum's relative weakness. It continues to break down from long term uptrends. If price doesn't reverse this week's candle back to the upside soon, I think ETH is in danger of entering a longer term bear market, leading to sub-$1000 prices once again. More specifically, from a moving average and structure standpoint, I think ETH must reclaim the $3k level with confidence, or risk total free fall. I don't need to spell out all the reasons I think crypto is NOT going to change the world for the better or be "disruptive" in a meaningful way, but I've exhausted all of my writing steam on the matter. Some new environmental factors have emerged, however, which are much in line with what I've been concerned about over the last several years. We can clearly see from a Macro standpoint that growth is stalling. Local governments and isolationism are starting to gain preference over globalization, in a large see-saw effect. In addition, Trump has further tarnished whatever neutral reputation crypto had gained on the global stage. I think institutions are even less likely to take this market seriously now. There's pretty much air beneath here. https://www.tradingview.com/x/oqGPBY5j/ The crypto TOTAL market cap is now testing the highs from the previous bull market. It really should hold up here to avoid catastrophic damage: https://www.tradingview.com/x/fctCEEzu/ TOTAL2 (altcoins and stables) is well below its previous all-time high, showing the potential for a truly failed bull market if things don't bounce around these levels. https://www.tradingview.com/x/spZRylmJ/ ETH/BTC is already in free-fall mode. My guess is new lows for the ratio (below the 2019 levels) https://www.tradingview.com/x/gDJa9tKo/ Anyway, that's all from me. I won't be as long-winded as I used to be. Thanks for reading! As always, this is meant for speculation and entertainment only, and not as financial advice. -Victor Cobra
BTC must ladder up off the bounce to move higher it takes time. Overall still bearish check all previous post . Charts Matter if you chart correctly you grow confidence in your trades or investments.
Chart Analysis & Trade Setup: The XAU/EUR (Gold/Euro) 4H chart shows a strong uptrend, with price recently testing a critical support level after a significant bullish run. The market is currently forming a bullish breakout retest, presenting a potential buying opportunity. Technical Breakdown: ? Key Support Zone: 2,765 - 2,770 EUR (Previous resistance turned support). ? Bullish Trend: Price is holding above the structure support, suggesting buyers are stepping in. ? Retest Confirmation: If price respects this level, a continuation towards 2,820 - 2,850 EUR is expected. Trade Plan: ✅ Entry: Buy around 2,765 - 2,770 EUR if price confirms support. ? Target 1: 2,811 EUR (Recent high). ? Target 2: 2,850 EUR (Major resistance level). ? Stop Loss: Below 2,723 EUR, as a break below this zone would invalidate the bullish setup.
... for a 15.68 debit. Comments: Laddering out a smidge here, selling the -84 delta call against shares to emulate the delta metrics of a 16 delta short put, but with the built-in defense of the short call. Metrics: Buying Power Effect/Break Even: 15.68 Max Profit: 1.32 ROC at Max: 8.42% 50% Max: .66 ROC at 50% Max: 4.21% Will generally look to take profit at 50% max, add at intervals, assuming I can get in at strikes/break evens than what I currently have on, and/or roll out short call if my take profit is not hit.
Welcome to another Wolf of Blockstreet analysis where I take a look on ETH/USD! On the weekly timeframe, we can observe a significant market structure since the last low in September 2024. ETH in 2024 underwent an ABC correction into a strong support zone, followed by a massive wick up. This was followed by two bullish weeks, establishing a higher high, and then a wick fill down that set up a double bottom pattern. This could be happening again. Additionally, we see a long-term support trendline in play here, reinforcing the bullish setup. At the same time, the Fear and Greed Index is at a historically low level, signaling extreme fear in the market. As of February 27, 2025, the index stands at 10, which is even lower than the fear levels seen during the FTX crash in November 2022. Historically, extreme fear in the market has often represented one of the best times to buy, as it tends to be followed by a recovery and upward movement in prices. The double bottom pattern on ETH/USD, combined with the extreme fear indicated by the Fear and Greed Index, could signal a potential reversal to the upside. My key area to look for long-term buying opportunities lies in the $2000-$2200 range. This zone provides strong support and could serve as an ideal entry point for those looking to accumulate ETH for the long run. However, this idea would become invalid if we see a weekly candle close below this range, indicating a potential shift in market dynamics. While both the technical analysis and market sentiment suggest a bullish reversal could be on the horizon, we need to see confirmation here and the cryptocurrency market remains highly volatile. Investors should conduct thorough research and be aware of the inherent risks before making any trading decisions. For more updates you can follow me on X: @PuppyNakamoto