After latest economic news, gold double tested the new all time high at 2942, and reversed sharply at the previous resistance zone at 2874. if the price managed to maintain the support at 2850, we would see a reversal to retest the all time high at 2942, and we would see a test to new high at 2968. whereas, if the price couldn't maintain the area at 2850, we would see a continuation to the downtrend and we may see a drop to 2830 zone then 2800 - 2796 zone
ST has came all the way down to higher interval (1D, 1W) buy zone. Price is currently above the (78.6 retracement level) holding buys
? **Bitcoin Price Prediction & Key Levels to Watch** ? **Current Support Zone**: - Critical: FWB:73K – $76K [weak support at GETTEX:89K – $94K] ⚠️ *Price consolidation here could fuel the next leg up!* **Current Cycle Target**: - **$112K – $125.5K** ? *Aligns with cluster projections from historical swing extensions* . **Next Cycle Buy Zones**: 1️⃣ **$43K – GETTEX:59K ** (Near **200-Week MA**) ? *Historically, the 200WMA acts as a magnet during corrections* . 2️⃣ ** GETTEX:25K – $32K** (10%–30% below 200WMA) ? *Aggressive accumulation zone if macro conditions shift* . **Why This Matters**: - Weak support at GETTEX:89K –$94K leaves room for volatility, but a clean break above $100K could ignite FOMO . - Long-term bullish targets (e.g., $122K+) align with Fibonacci extensions and cycle speed-up patterns . - Whale activity and on-chain metrics hint at resilience, but prepare for cooling phases en route to six figures . ⚡️ **Strategy**: Scale into weakness, watch the 200WMA, and capitalize on parabolic moves!** ?? #Bitcoin #TradingView #Crypto #BTC #TechnicalAnalysis *(Ideas based on technical indicators & historical patterns. Always DYOR!)* ?
? XAUUSD Price Forecast ? Gold is at the top of an uptrend and has formed a Double Top reversal pattern. This indicates a potential bearish move, especially as the market is nearing a breakdown of the 200EMA and neckline of the pattern. ? Technical Analysis: Bearish Order Blocks: ?2880 – After the neckline breakdown ?2910 – After a retracement to resistance ✅ Target Range: From the pattern height, the expected drop is 500+ pips. ? Technical Target Levels: 〽️2862 – First support 〽️2842 – Second support 〽️2831 – Key level 〽️2812 – Critical breakdown point 〽️2774 – Final target after trendline breakdown ? Trading Insight: Gold is showing strong bearish momentum, and after confirmation of the breakdown, holding short positions could yield high returns. Stay patient and follow the structure. ? Like, Comment & Follow for More Updates! Kind Regards, TrendLogic1 ?
? ? Asset: WIF/USDT ? Timeframe: 30-Min Chart ? Setup Type: Bullish Breakout from Descending Triangle ? Trade Plan (Long Position): ✅ Entry Zone: ~0.670 USDT (Breakout Confirmation) ✅ Stop-Loss (SL): ~0.618 USDT (Below Key Support) ? Take Profit Targets: ? TP1: ~0.729 USDT (First Resistance Level) ? TP2: ~0.798 USDT (Extended Bullish Target) ? Risk-Reward Ratio Calculation: ? Risk (Stop-Loss Distance): 0.670 - 0.618 = 0.052 USDT ? Reward to TP1: 0.729 - 0.670 = 0.059 USDT ? Risk-Reward Ratio to TP1: 1:1.13 ? Reward to TP2: 0.798 - 0.670 = 0.128 USDT ? Risk-Reward Ratio to TP2: 1:2.46 ? Technical Analysis & Strategy: ? Breakout Confirmation: A strong push above 0.670 USDT signals bullish momentum. ? Pattern Formation: Bullish Descending Triangle Breakout, indicating potential upside continuation. ? Key Support & Resistance Levels: ? 0.618 USDT - Strong Support / Stop-Loss Level ? 0.670 USDT - Breakout Zone / Entry Level ? 0.729 USDT - First Profit Target / Resistance ? 0.798 USDT - Final Target for Momentum Extension ? Momentum Shift Expected: If price stays above 0.670 USDT, it could rally towards 0.729 USDT and 0.798 USDT. A high-volume breakout would strengthen the trend continuation. ? Trade Execution & Risk Management: ? Volume Confirmation: Ensure strong buying volume above 0.670 USDT before entering. ? Trailing Stop Strategy: Move SL to entry (0.670 USDT) after TP1 (0.729 USDT) is hit. ? Partial Profit Booking Strategy: ✔ Take 50% profits at 0.729 USDT, let the rest run to 0.798 USDT. ✔ Adjust Stop-Loss to Break-even (0.670 USDT) after TP1 is reached. ⚠️ Fake Breakout Risk: If price falls below 0.670 USDT, wait for a retest before considering re-entry. ? Final Thoughts: ✔ Bullish Setup – Holding above 0.670 USDT could lead to higher targets. ✔ Momentum Shift Possible – Watch for volume confirmation. ✔ Favorable Risk-Reward Ratio – 1:1.13 to TP1, 1:2.46 to TP2. ? Stick to the plan, manage risk, and trade smart! ?? ? #CryptoTrading #WIFUSDT #BreakoutTrade #TechnicalAnalysis #MarketTrends #ProfittoPath @vibes12
The falling wedge is a classic and highly accurate chart pattern. It is a bullish pattern and can be found on many, many charts. Looking at Moonray, MNRYUSDT, the pattern is present on the daily timeframe. Price action broke sideways out of the channel and it seems like almost a none event. But once the pattern is broken it is only a matter of time before things change. The latter part of my statement above is already confirmed. After going sideways for only 11 days outside the falling wedge pattern, a strong bullish breakout is now happening. Very rapid growth and this is only the beginning. The candle/session 3-Feb. is a classic reversal signal. It is a big Doji. To cement the bottom of the down-wave, there was strong selling but all the selling was bought before the end of the trading session. The day producing a new All-Time Low but closing green is a major reversal signal. This signal is supported because the following days volume increases. I saw this chart earlier, just hours ago. By the time I shared this article, MNRYUSDT was already trading 50% higher. That's how much the market is starting to heat up. This is only the beginning. This heat and bullish momentum will continue to spread. Project after project, pair after pair, over and over, again and again, will break bullish producing massive growth. This will be repeated for many months. That's the bull-market in a nutshell. Are you in or are you out? Are you ready to trade? Buy and hold. We are blessed. This is the opportunity of a LIFETIME. Many lives can be changed for the better. Cryptocurrency is awesome. Thank you Satoshi and all the genius developers for this innovation. Cryptocurrency will do for a better world. The unbanked can now also enter the world economy. We can transfer money instantly at a low cost with no middleman involved. Discrimination is not possible anymore. Cryptocurrency is freedom. Thanks a lot for your support. Namaste.
Gold is currently making a small correction and looking at how the price is behaved. We are expecting how the price is likely to develop next. Use accurate risk management.
Support and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. 20 EMA (Exponential Moving Average): Above 20 EMA(50 EMA): If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum. Below 20 EMA: If the stock price is below the 20 EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
.Making New LH or LL .No indications of any bullish divergence. .Entry is Exact On 0.382 Ratio of Fibonacchi.
While ethereum bitcoin parity is in a local bottom region in HTF, Bitcoin dominance is in the local peak region.