As illustrated, I'm trying to visualize a potential rebound off of the 100SMA that matches the resistance line of what looks to be an ascending triangle that has been broken and retested. Price is showing support at such line that happens to overlap with the 100SMA. I might be "wanting to see" bullishness in the market, but you be the judge of these observations. The long rejection wicks at the bottom seem manipulative... almost as if there was selling pressure to shake off HODLERS and new investors (?) ... Will the US approve the famous BTC reserve? ...
Btc bitcoin Trend lines can be drawn from significant peaks and troughs to emphasize these movements, outlining a potential resistance line around the *109,358.01* level and support at *91,381.35*. Support and Resistance Levels: - *Resistance Levels*: - * 109,358.01*: This level has been tested multiple times, indicating a strong resistance. - *Support Levels*: - *91,381.35*: This level has been a turning point for the price to bounce back upwards in previous instances, highlighting its importance. These levels matter as they often dictate potential reversal points in price movement, where traders might enter or exit positions. Gradual Buy and Sell Points: For long-term investors: - *Buy Levels*: - At *91,381.35*, where support is observed, could consider additional buys here. - *Sell Levels*: - Near *109,358.01*, where resistance is strong, may be suitable for taking profits. Investors should adopt a *dollar-cost averaging strategy* by gradually buying as prices approach the support level and selling incrementally as they approach resistance. - *Stop-Loss (SL) **: Set below the support level, approximately at * *90,000* to limit potential losses. Assess the *risk/reward ratio* as follows: The potential profit is about *18,000* points (from 91,381.35 to 109,358.01) with a stop loss risk of around *1,381.35* points, resulting in a favorable ratio of approximately **13:1 Indicator Analysis: The chart potentially shows *buy/sell signals* indicated by strong market moves, suggesting a *momentum-based* trading strategy. Without specific indicators visible in the chart, the signals alone suggest: - A *buy* signal when price is nearing the support level, expecting upward movement. - - A *sell* signal when approaching the resistance, anticipating a downward trend. ❤? chiefs or eagles ?
Here's an analysis of XAU/USD at 2,861 as of February 10, 2025, incorporating technical and fundamental insights from the search results: Current Context Gold (XAU/USD) is trading near 2,861, a critical juncture given recent market dynamics. This level aligns with forecasts and technical patterns discussed in the search results, offering insights into potential bullish or bearish scenarios. Key Technical Levels Immediate Support: 2,861: Coincides with the lower bound of February 2025’s forecasted range (2,861.25–2,991.30). A hold here could signal bullish resilience. 2,746–2,695: Deeper support zones if a correction occurs, based on Fibonacci retracement levels and trendline analysis . Resistance Levels: 2,868–2,900: The next psychological and technical hurdles, with 2,868.56 (R2) noted as a swing high target . 2,991–3,000: Upper bound of February’s projected range and a key breakout target . Long-Term Trend: Gold remains in an ascending channel (up ~27% since 2024), supported by geopolitical uncertainty and central bank demand . The 100 SMA is above the 200 SMA on the 4-hour chart, indicating underlying bullish momentum . Bullish Scenario Triggers: Fed Policy & Inflation: Continued dovish signals from the Fed (e.g., rate cuts) and persistent inflation could drive gold higher . Geopolitical Risks: Escalating tensions (e.g., Middle East conflicts, U.S.-China trade policies) may boost safe-haven demand . ETF Inflows: Positive gold ETF flows, as seen in late 2024, could reignite upward momentum 3. Technical Outlook: A bounce from 2,861 could target 2,900–2,991, aligning with February’s forecast . A break above 2,991 opens the path to 3,000+, with institutions like JPMorgan forecasting $3,150 by year-end . Bearish Risks Triggers: USD Strength: A stronger dollar (e.g., from robust U.S. data or hawkish Fed rhetoric) may pressure gold . Profit-Taking: Overbought signals (RSI at 57) and resistance at 2,868 could trigger short-term pullbacks . Reduced Safe-Haven Demand: Easing geopolitical tensions or risk-on sentiment might reduce gold’s appeal . Technical Outlook: A breakdown below 2,861 could test 2,746–2,695 (Fibonacci and trendline support) . Sustained selling might invalidate the uptrend, risking a drop toward 2,625 (critical 100-day SMA). Macro Drivers to Watch U.S. Economic Data: Non-Farm Payrolls (NFP), CPI, and Fed rate decisions will influence USD and gold . Geopolitical Events: Developments in Ukraine, Middle East, and U.S. trade policies under Trump . Central Bank Activity: Continued gold purchases by central banks (e.g., China, India) may stabilize prices Short-Term Forecast Base Case: Consolidation near 2,861–2,900 as markets digest recent gains and await catalysts. Upside Bias: Favored if gold holds above 2,861, targeting 2,991–3,000 . Downside Risk: A close below 2,861 could trigger profit-taking toward 2,746 Conclusion At 2,861, XAU/USD is at a pivotal level. While the broader trend remains bullish (supported by inflation, geopolitics, and central bank demand), short-term volatility from USD fluctuations and technical resistance could dominate. Traders should monitor 2,861 as a key support and watch for breaks above 2,900 or below 2,746 to confirm directional bias. support and resistance for short term: Resistance: 2872 2885 2894 2900 2911 2920 these resistance points can be used as bullish targets Support: 2855 2851 2841 2833 2830 2819 2800 2782 these support points can act as bearish targets LIKE BOOST AND SHARE US SUPPORT US
Go through the analysis carefully, and do trade accordingly. Anup 'BIAS for the week (10th Feb -- 14th Feb-2025) Current price- 2862 1st scenario (bearish move) "if Price stays below 2875, then next target is 2851, 2840 and 2822 and above that 2890" if price violates the 1st Scenario (i.e. close above 2875), then next target is 2885, 2890 and 2910. -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of luck Never risk more than 1% of principal to follow any position. Support us by liking and sharing the post.
The previous analysis was highly accurate and has played out as expected. The bullish movement of gold continues, but it won’t be without corrections. A move towards 2823.6 is expected, and beyond that, further analysis will be required. The next targets are 2930, 2960, and 3005. Ultimately, the long-term target is 3102. For now, I will continue following the path to 2930, and the analysis will be updated accordingly.
? Welcome to TradeCityPro Channel! As the global market opens, let's analyze VETUSDT and prepare for the upcoming trading week. ? Overview Bitcoin Before diving into VET, let's check Bitcoin’s 1-hour timeframe. The market was expectedly quiet on Saturday, given the lack of trading activity. My plan remains the same: If $95,747 breaks, I will open a short position. If Bitcoin dominance is rising at the time of the breakdown, I will short both BTC and an altcoin that is weak against Bitcoin since it has a higher chance of dropping. https://www.tradingview.com/x/mNMged5t/ ? Weekly Timeframe VET is one of the older altcoins in the market, and its current situation is relatively better than many others. After breaking $0.03147, it had a sharp bullish move up to $0.06672, but it's now in a correction phase and has settled back on the $0.03147 support. A positive sign is that VET has formed a higher low in 2024 compared to 2023, which suggests potential strength. For a spot entry, we need to see a new structure forming, and my current buy trigger is a break above $0.06622. Until then, I see no buying opportunity. For selling, if we drop below $0.01470, it's best to exit and go to cash. https://www.tradingview.com/x/QCyI9nkV/ ? Daily Timeframe On the daily chart, VET initially broke above the $0.02679 range high and rallied sharply to $0.06828. However, we saw a fake breakout, leading to a heavy rejection and correction. During this drop, a midway range (box) between $0.04214 - $0.05288 formed. Buyers tried but failed to break above the box, resulting in another fake breakout, increasing the likelihood of breaking the range low. After another rejection from the mid-range, $0.04214 (our spot exit trigger) was broken, leading to a sharp decline. The RSI is now oversold, indicating a potential slowdown before further downside into the previous daily range. https://www.tradingview.com/x/qghdPv25/ ⏱ 4-Hour Timeframe On the 4-hour chart, we have formed a key level that is currently breaking down, creating a short opportunity. ? Short Position Trigger we can place a stop-sell order with the current 4-hour candle as confirmation. I have already entered a short trade on the previous level breakdown and will re-enter with lower risk on this one. ? Long Position Trigger there is no buy trigger yet. Even if VET pumps 20% suddenly, I won’t regret missing it because momentum will bring better opportunities for long entries later. https://www.tradingview.com/x/3eMdkHKQ/ ? 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! ❤️
This now new ATH created from old one to new one , so price formed beautiful bearish setup on 4 hours time we will see price sharply decrease towards support 2743.76 area before any further action to upside
Weekly Analysis: Swing Structure -> Bullish. Internal Structure -> Bullish. Price has printed a further bullish iBOS. Price is currently trading within an internal low and fractal high. CHoCH positioning is denoted with a blue dashed line. Price Action Analysis: In my analysis dated 27 October 2024, it was noted that the first sign of a pullback would be a bearish Change of Character (CHoCH), indicated by a blue dotted line. Price's consistent upward momentum had repositioned previous CHoCH much closer to recent price levels as expected for weeks. Current CHoCH positioning is quite a distance away from price, therefore, it would be viable if price continued bullish to reposition ChOCH. Note: It is highly unlikely price will "crash" as many analysts are predicting. My view is this is merely a corrective wave of the primary trend. Given the Federal Reserve's dovish policy stance alongside heightened geopolitical risks, market volatility is likely to remain elevated, influencing intraday price swings. Price could also be driven by President Trump's policies, geopolitical moves and economic decisions which are sparking uncertainty. Weekly Chart: https://www.tradingview.com/x/TPPWY389/ Daily Analysis: Swing -> Bullish. Internal -> Bullish. Since my last weekly analysis price has printed a bullish iBOS. Bias and analysis has been accurate over the last few months. Price is now trading within a fractal high and internal low. Bearish ChOCH positioning is denoted with a blue shorter dotted line and is very well positioned to print bearish CHoCH which is the very first indication, but not confirmation of bearish pullback phase initiation Note: With the Fed maintaining a dovish policy stance and the continued rise in geopolitical tensions, we should anticipate elevated market volatility, which may impact both intraday and longer-term price action. Price could also be driven by President Trump's policies, geopolitical moves and economic decisions which are sparking uncertainty. Daily Chart: https://www.tradingview.com/x/W0Fw93Ox/ H4 Analysis: -> Swing: Bullish. -> Internal: Bullish. As mentioned in analysis dated 04 February 2025 that price could continue bullish to bring CHoCH positioning closer to recent price action. This is how price printed. Price proceeded to print a bearish CHoCH which is in-line with previous intraday expectation. Price is now trading within a confirmed internal range, however, I will be closely monitoring this. You will note price has targeted weak internal high but failed to close above. This is potential liquidity grab to fuel the bearish pullback phase to facilitate HTF bearish pullback phase initiation. Intraday Expectation: Price to continue bearish and react at either discount of internal 50%, or H4 demand zone, before targeting weak internal high, priced at 2,882.310. Alternative scenario: Given HTF (Daily and Weekly) have also printed iBOS' it would not come as a surprise if price printed a bearish iBOS. Note: With the Federal Reserve's dovish stance and persisting geopolitical uncertainties, heightened volatility in Gold is expected to continue. Traders should proceed with caution and adjust risk management strategies in this high-volatility environment. Price could also be driven by President Trump's policies, geopolitical moves and economic decisions which are sparking uncertainty. H4 Chart: https://www.tradingview.com/x/IGFdslW2/
ETH Boden drin ? sehr wahrscheinlich der Boden in der welle 2 ausgebaut der weg ist frei für die welle 3 Richtung 7000$
Well defined for the EurUsd pair, expecting the continue of downward moment to complete the range bound move.