Dear friends, Today, gold prices saw a modest increase, trading around $2,625 during the early Thursday session in Asia. The yellow metal continues to find support from uncertainties surrounding Donald Trump’s tariff policies, geopolitical risks, and central bank buying activities. However, as indicated in the chart analysis, prices must overcome the immediate resistance level to strengthen further towards higher targets. Conversely, if unable to breach resistance, prices are expected to decline to seek support before continuing the upward trend. This anticipated dip could potentially align with the $2,625 level, matching the support of the EMA 34.89. Following this correction, we can expect a bullish movement towards the psychological level of $2,650. What are your thoughts on this? Share your opinions in the comments below!
Our head of TA in NYC sent me a positive outlook this morning on COINBASE:PRIMEUSD which is showing some strength as a strong horse in the race today! Our camels here in Western Asia are jealous. We definitely see the potential in how PRIME powers TCG, now and in the future. Currently up 12.33% on the 1 day and 16.32% on the 1 week timelines. An exciting market to be in, we have a few at our trading desk stacking up margins right now with some crazy price action today. We have a positive outlook for continued growth here at Coinrabia Trading Co. and are looking forward to the next entry buy after the next dip which looks to be on schedule for an approaching downtrend. Travel with PRIME to outer space? Looks like they have the space station ready to go. --> https://echelon.io/ Definitely take a look at PRIME if you haven't before, and we don't mean the giant robot. Remember Habibi, don't look for financial advice in a camel's ass. The desert tests your will, not your strength.
EUR/USD Analysis (H4 Timeframe) Trend: Continuously moving in the selling zone. Next Technical Target: 1,250.00 Resistance Level: 1,400.00 Stay focused and follow this idea for a big victory!
Well wasn't January first refreshing? **THE FOLLOWING SHOULD NOT BE CONSIDERED FINANCIAL OR INVESTMENT ADVICE - DYOR** CRYPTOCAP:XRP is primed for take off! RSI is nice and cozy, right down the middle on the daily chart, along side that beautiful Bullish Pennant. I was upset I didn't get in at $2.07 this morning, but I wanted to super confirm the breakout before I got caught with my pants down. Volatility is REAL. Targets For beginnners, or less risk hungry 1 - $2.50 2- $2.65 3 - $2.80 Stop Loss wherever your risk tolerance is. XRP has been trading between $2.35 and $2.42 comfortably. My Targets and for those with a bigger appetite for risk 1 - $3.10 2 - $4.00 3 - $4.93 As always, Im human, not God, so I will never be perfect, always do your own research. Enjoy the bullrun, alt season is open ? Leave me your thoughts
DUSK/USDT NEW increase volume Depending on the study trend there is a high chance this coin is going to see the new volume https://www.tradingview.com/x/hMIjqbjU/
I think the price is over extended with strong evidence of Divergence on the daily chart. https://www.tradingview.com/x/JTkk61VP/ I have also overlayed one period higher RSI on each panel 4hr (with daily RSI) and Daily (with weekly RSI) to visualize how the rsi line is related to the 100sma bollinger bands. On the weekly you could notice that the RSI line is below the lower band and might see a pullback reaction. On the Price chart 4hour I have marked the ltf resistance and trend line to see if there will be a shift of Price action. Also notice there is a daily support at 2022 level which market might also test so we cannot ignore that. Overall price action is super bearish with price below the daily 200sma . Indicators Daily chart sma 50 BB 200sma RSI WITH 100SMA BB RSI (defaulted to weekly) with 100SMA BB
The SPX500USD on the 4-hour/6-hour timeframe is exhibiting significant bearish momentum, consistent with a short- to medium-term downtrend. However, longer-term indicators suggest that the index is approaching critical support levels that could provide a platform for a potential rebound. The SPX500USD remains in a short-term downtrend, presenting opportunities for bearish trades near resistance levels. However, long-term indicators suggest that the index is approaching a critical support zone that could provide a platform for a rebound. ***Traders should watch for confirmation of price action and volume at the 5,800–5,860 level before committing to long positions. OSCILLATORS The oscillators highlight a bearish sentiment with increasing selling pressure but suggest that the market is nearing oversold conditions, potentially setting up for a relief bounce. Relative Strength Index (RSI): 38.11 – Neutral, approaching oversold territory. Stochastic %K: 24.77 – Neutral, near oversold conditions. Commodity Channel Index (CCI): -102.47 – Neutral, signaling mild bearish momentum. Momentum (10): -75.92 – Sell, confirming bearish pressure. MACD: -29.63 – Sell, reflecting declining momentum and no imminent reversal signals. Williams Percent Range: -77.32 – Neutral, nearing oversold territory. MOVING AVERAGES Short-term moving averages confirm bearish momentum, while long-term averages signal potential support and a possible reversal point. Short-Term MAs (10, 20, 30, 50): All indicate “Sell” signals, confirming strong bearish momentum in the short to medium term. Long-Term MAs (200 EMA and SMA): Indicate “Buy” signals, reflecting the underlying bullish trend over the longer timeframe. Ichimoku Base Line: Neutral at 5,962.44. Volume Weighted Moving Average (VWMA): 5,959.81 – Sell, reinforcing short-term bearish sentiment. Hull Moving Average (HMA): 5,862.93 – Buy, indicating potential support near current price levels. SUPPORT & RESISTANCE LEVELS Immediate Resistance: 5,960–6,000 (aligned with short-term moving averages). Major Resistance: 6,100–6,160 (upper pivot zones and psychological barrier). Key Support: 5,860–5,800 (aligned with Hull Moving Average and 200 EMA/SMA). Critical Support: 5,760 and 5,658 (historical pivot lows). PRICE ACTION The index has recently tested its resistance levels near 5,960 but failed to break through, reinforcing the bearish sentiment. Strong selling pressure is evident in the price action, with lower highs and lower lows dominating the 4-hour chart. However, significant support is observed around 5,800, where the 200 EMA and SMA converge, offering potential for a bullish rebound if the level holds. BEARISH SETUP (Short Positions) Entry Zone: 5,960–6,000 (resistance levels and short-term MAs). Stop-Loss: Above 6,010 (next major resistance). Target: 5,860–5,800 (first support zone), and extend to 5,760 if bearish momentum persists. BULLISH SETUP (Long Positions) Entry Zone: 5,800–5,860 (key support area, aligned with 200 EMA/SMA). Stop-Loss: Below 5,780 (critical support break). Target: 5,960–6,000 (resistance levels), and extend to 6,100 if the rebound is strong. MARKET SENTIMENT Short-Term: Bearish – Downtrend persists, with strong resistance at 5,960 and 6,000. Medium-Term: Neutral – Oversold conditions may trigger a relief rally. Long-Term: Bullish – The 200 EMA and SMA indicate potential for a long-term uptrend if key support levels hold.
I love the 80/20 candle... I have a version of the fib retracement tool on my chart. In this case I am measuring the weekly candle VARA is in right now from top to bottom. As you can see the wick of the candle is almost 80% of the entire candle and the stick is almost 20% of the candle. This bullish signal doesn't have to be perfect but when I am hunting for wicks on the weekly chart, this my friends is the candle I want the most and the longer that wick is the prettier the reversal can be. I am not a financial advisor. Stay save my friends.
Team, first of all, Happy New Year My blessing is that 2025 will bring your family joy, success, and great health. we hardly trade Forex, but we do sometimes when there is an opportunity - we only trade AUSUSD, EURUSD AND sometimes USDCHF. we have been very successful trading these, but not often, only when the opportunity arises. we are entering long AUSUSD 0.6208-0.6210 First target at 0.6250-0.6265 2nd target at 0.6296-0.6315 3rd target at 0.6325-45
As illustrated, we see a strong bullish 1D candle break-out of the bullish pattern (consolidation phase), which could indicate the start of the continuation impulse to the upside to re-test previous highs and potentially breaking to create ATHs. Target area: AB = CD: It is calculated based on the measurement of the first bullish impulse; meaning it should be the same distance. That being said, the price target would be the $4.300 - $4.500 range. Fundamentals: A lot of expectation with Trump's take over and his plans for the crypto industry. As the date comes closer ( 20th of JAN ), there could be a hype into the general market; specially XRP since (apparently) there's talks about RLUSD replacing USDT + serving as a governmental stable coin which the US could start using. Another key event would be the potential BTC reserve that Trump might decide to create. This would increase demand of BTC tremendously, causing a chain reaction effect in most alt coins. It only makes sense to do this with how fast the industry is expanding and growing. -- GOOD LUCK.