2890 Is CallingHello everybody, I hope you are doing well and you have a profitable day.
I'm back with new idea for gold.
Im expecting that gold will fall because there are multiple reasons, Gold has liquidate the sellers stop losses and now gold is about to falling, After falling gold will fly my target is gold will touch 2890-2880 and then fly to the 2930.
Reasons :
H4 Bearish Eng + Supply
H1 Liquidity + sell pattern + Supply
M30 Supply + Sell confirmation
Kindly share thoughts here
Analysis
Bitcoin may rebound up from buyer zone check out and read BTC/USD Bullish Outlook: Potential Rebound from Buyer Zone"
Bitcoin is showing signs of strength as it approaches a key buyer zone. Holding above this level could trigger a strong rebound, with upside targets at key resistance levels. A breakout above confirms bullish momentum, supporting further gains.
Fundamental Market Analysis for March 5, 2025 EURUSDEUR/USD pressed the gas pedal and rose 1.4% on Tuesday, climbing 140 pips in a single session as markets sold off the US dollar and bet that US President Donald Trump will find a reason to backtrack on his tariff threats. Key data for both Europe and the US is due out later this week, but trade war rhetoric will rule the roost in the middle of the week.
US President Donald Trump, staying true to form, is already laying the groundwork for a U-turn on his own tariff threats. At midnight Eastern Time, a package of stiff tariffs of 25% on imported goods from Canada and Mexico went into effect. However, despite a brief bout of risk aversion early in the U.S. session, currency markets quickly regained their footing and placed a big bet on another retraction or postponement of tariff policy from the Trump administration.
Economic data will be sparse in the European market mid-week as traders in the vols are wringing their hands in anticipation of two beats - the European Central Bank's (ECB) March rate meeting on Thursday, and the latest iteration of U.S. non-farm payrolls (NFP) data scheduled for Friday. This week's NFP data is likely to attract even more attention than usual as investors will begin to watch for any signs of economic weakness as consumers and businesses begin to crack under the weight of President Trump's global trade war threats.
The ECB is expected to cut interest rates by another quarter of a percent on Thursday, bringing the main discount rate to 2.65% from 2.9%, while the deposit rate is expected to fall by a similar amount to 2.5% from 2.75% as the ECB tries to get ahead of rising recession risks and support the EU's broad and diverse domestic economy.
Trading recommendation: BUY 1.06100, SL 1.05700, TP 1.06800
$DOGE Market Update📊 $DOGE/USDT Market Update
Welcome to today's analysis! Let’s break down the current price action on CRYPTOCAP:DOGE and its potential movement.
🌐 Overview: CRYPTOCAP:DOGE Testing Key Resistance & Double Bottom Formation
📉 CRYPTOCAP:DOGE was in a downtrend, but now it's showing signs of potential reversal, as price has formed a double bottom pattern.
🔄 Current Scenario:
CRYPTOCAP:DOGE is testing the red resistance zone, which is a critical level that needs to be broken for further bullish confirmation.
If DOGE successfully breaks out, the target will be the blue line level, which was the previous lower low (LL).
However, if the price gets rejected, we could see another pullback before another breakout attempt.
🔑 Key Levels to Watch
🔴 Resistance Zone: Red Level (Needs breakout for bullish continuation)
🔵 Target Level: Blue Line (If breakout is successful, price may reach previous LL)
🛠️ Trade Scenarios
📌 Bullish Scenario (Breakout Above Red Resistance & Double Bottom Confirmation)
If CRYPTOCAP:DOGE breaks and holds above the red resistance zone, this would confirm bullish momentum, with a potential move to the blue target level.
The double bottom pattern would also signal a strong reversal if confirmed.
📌 Bearish Scenario (Rejection at Resistance)
If CRYPTOCAP:DOGE fails to break out, the price may pull back, potentially forming a higher low before another breakout attempt.
📌 Conclusion
CRYPTOCAP:DOGE is at a critical resistance zone, testing a double bottom breakout level. A successful breakout would confirm bullish momentum, targeting the blue line level. However, a rejection may lead to a pullback before another attempt.
$TRUMP Market Update📊 $TRUMP/USDT Market Update
Welcome to today's analysis! Let’s break down the current price action on $TRUMP and what to expect next.
🌐 Overview: $TRUMP Approaching Key Resistance
📉 $TRUMP was in a downtrend after breaking a key support level. Now, the price is approaching the red resistance zone, which was previously a support level before the strong breakdown.
🔄 Current Scenario:
The red resistance zone is a critical level that needs to be broken for a trend shift to bullish.
If $TRUMP successfully breaks above this resistance, it could confirm a bullish trend, with the next target being the blue line level.
However, if price gets rejected, we could see another pullback or consolidation before another breakout attempt.
🔑 Key Levels to Watch
🔴 Resistance Zone: Red Level (Needs breakout to confirm bullish momentum)
🔵 Target Level: Blue Line (If breakout is successful)
🛠️ Trade Scenarios
📌 Bullish Scenario (Breakout Above Red Resistance)
If $TRUMP breaks and holds above the red resistance zone, this would confirm bullish momentum and a potential move toward the blue line target.
📌 Bearish Scenario (Rejection at Resistance)
If $TRUMP fails to break out, we could see a pullback or consolidation, meaning the downtrend could still continue.
📌 Conclusion
$TRUMP is at a key resistance zone—a breakout could confirm a bullish trend, targeting the blue line level, while a rejection may lead to further downside movement. Traders should watch for confirmation before making a move.
EUR/CAD Buy @ Support ZoneThe EUR/CAD pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent Formation of a AB=CD Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours.
Possible Long Trade:
Entry: Consider Entering A Long Position around Trendline Of The Pattern.
Target Levels:
1st Resistance – 1.5128
2nd Resistance – 1.5185
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Trump's Bombshell Strategic Reserve Announcement.Let's summarize the situation.
We were on the edge of slipping into a bear market, with CRYPTOCAP:BTC under heavy selling pressure and looking bearish on daily, hourly, and weekly timeframes.
A lot of people were caught off guard, selling their crypto to prepare for shorts and ending up sidelined—I was one of them, and I’m pissed. Since I live in Asia, I was asleep when it happened, and so was the entire Asian market.
Then, conveniently, Trump announced the strategic crypto reserve, which was originally scheduled for Friday to coincide with the White House crypto summit. Meanwhile, the tariffs are set to take effect on Tuesday.
On the global stage:
- The rejection of Zelensky has pushed Europe to react, with some leaders now considering sending troops to Ukraine. This could seriously complicate things for the Trump administration and potentially escalate into WWIII. No joke, this is a serious situation.
- Israel has decided to destroy Gaza completely and is now enforcing a full-scale siege, which will cause massive international backlash. The situation there never been so bad.
- Recession fears are mounting, and we can see markets starting to shake and correct.
And then Trump drops his crypto reserve announcement…
- This was a sloppy reveal—posted only on his own platform, not on X—which caused panic, as people scrambled to verify the source, thinking it was fake news.
- Even worse, the initial announcement didn’t mention Bitcoin or Ethereum! Instead, they listed CRYPTOCAP:XRP , Cardano, and Solana as part of the reserve, which made people think their accounts were hacked. Later, they corrected it, clarifying that CRYPTOCAP:BTC and CRYPTOCAP:ETH are at the "heart" of the reserve.
So yeah… Sunday night, completely unexpected, and poorly executed.
What does this mean for CRYPTOCAP:BTC ?
- Weekly timeframe: Nothing has changed—it’s still in a serious correction, and a 10% daily pump isn’t enough to reverse the trend. My previous analysis is still valid.
- Daily timeframe: The MACD has reset, and RSI is now in a neutral zone. This suggests a potential short-term pump over the next few days.
- Key levels: Supports at $91k and $80k are back, but $99k remains a major resistance and could reject $BTC.
- Leverage & liquidity: A massive $4.3 billion in longs has been built up, meaning we’re likely to retest the downside to liquidate them.
- CME gap: We just created a 10%+ CME gap, which will most likely be filled.
Conclusion:
Optimism is back, and we could see a short altseason as capital flows into altcoins, now that some are officially part of the U.S. national reserve.
BUT the global situation remains extremely concerning:
- War tensions in Europe and the Middle East
- Recession risks still on the table
- Uncertainty about how this crypto reserve will actually work
This is great news, but going all-in on longs at this point seems risky. How long will this momentum last? More than a week? I’m not sure.
Technically, the correction isn’t over. Unlike December 2024—when Trump’s election happened at the end of a correction, with a bullish MACD crossover—we are now at the START of a weekly correction, which could last until May 2025.
So yeah, fundamentally bullish, but technically, the correction still has room to go.
Is the ZIP DIP OVER? Is it a suitable time to Buy?Is the Base solid enough to drive the price to 3 OR will it require a manipulation below the base to test key support "2"?
THIS IS ONLY AN IDEA AND COULD BE RIGHT...
For the Fundamental lovers:
Also keep in mind:
Dow Jones Newswires:
"Zip Price Target Raised 5.9% to A$3.60/Share by Ord Minnett"
Fundamental Market Analysis for March 3, 2025 GBPUSDThe US Dollar Index (DXY), which tracks the dollar against a basket of currencies, started the new week on a weak note and has already cancelled out most of Friday's gains to more than a one-week high.
The British Pound (GBP), on the other hand, continues to post relative gains amid expectations of a less aggressive easing policy from the Bank of England (BoE). That said, concerns over US President Donald Trump's retaliatory tariffs and their impact on the UK economy may keep GBP bulls away from new bets. In addition, geopolitical risks could limit deeper USD losses and limit GBP/USD gains.
Meanwhile, signs that the disinflation process in the US has stalled, reinforcing the case for the Fed to take a wait-and-see approach to future interest rate cuts, could also serve as a tailwind for the USD. This could help to further contain GBP/USD and warrant some caution before positioning for a resumption of the recent uptrend from levels below 1.2100, or the yearly low reached on 13 January.
The main focus will be on the closely watched monthly US employment data on Friday. The widely-reported Nonfarm Payrolls (NFP) figure will shape expectations on the path of the Fed rate cut and drive demand for the dollar in the near term.
Trading recommendation: BUY 1.2610, SL 1.2560, TP 1.2690
How to pick a benchmark for you portfolio and beat the market What is a benchmark?
A benchmark is an index or a basket of assets used to evaluate the performance of an investment portfolio In the context of portfolio analysis the benchmark serves as a point of comparison to determine whether a fund a strategy or an investment is performing better worse or in line with the reference market.
In the current chart, Bitcoin ( BINANCE:BTCUSDT ) is displayed with a solid and larger blue line in relation to other cryptocurrencies for the current period.
Benchmarks are essential tools for institutional and private investors as they allow measuring the effectiveness of asset allocation choices and risk management Additionally they help determine the added value of an active manager compared to a passive market replication strategy.
Benchmark analysis example: NASDAQ:TSLA - NASDAQ:NDX
Benchmark analysis example: NASDAQ:TSLA - NASDAQ:AAPL - NASDAQ:NDX
What is the purpose of a benchmark
The use of a benchmark in portfolio analysis has several objectives
1) Performance Evaluation: Provides a parameter to compare the portfolio's return against the market or other funds
2) Risk Analysis: Allows comparing the volatility of the portfolio against that of the benchmark offering a measure of risk management
3) Performance Attribution: Helps distinguish between returns derived from asset selection and those linked to market factors
4) Expectation Management: Supports investors and managers in assessing whether a portfolio is meeting expected return objectives
5) Strategy Control: If a portfolio deviates excessively from the benchmark it may signal the need to review the investment strategy
How to select an appropriate benchmark?
The choice of the correct benchmark depends on several factors:
1) Consistency with Portfolio Objective: The benchmark should reflect the market or sector in which the portfolio operates
2) Representativeness of Portfolio Assets: The benchmark should have a composition similar to that of the portfolio to ensure a fair comparison
3) Transparency and Data Availability: It must be easily accessible and calculated with clear and public methodologies
4) Stability Over Time: A good benchmark should not be subject to frequent modifications to ensure reliable historical comparison
5) Compatible Risk and Return: The benchmark should have a risk and return profile similar to that of the portfolio
Most used benchmarks
There are different benchmarks based on asset type and reference market Here are some of the most common.
Equity
FRED:SP500 Representative index of the 500 largest US companies.
NYSE:MSCI World Includes companies from various developed countries ideal for global strategies
FTSE:FTSEMIB Benchmark for the Italian stock market
NASDAQ:NDX Represents the largest technology and growth companies
Bonds
Barclays Global Aggregate Bond Index Broad benchmark for the global bond market
JP Morgan Emerging Market Bond Index EMBI Benchmark for emerging market debt
[* ]BofA Merrill Lynch US High Yield Index Representative of the high-yield bond market junk bonds
Mixed or Balanced
6040 Portfolio Benchmark 60 equities SP 500 and 40 bonds Bloomberg US Aggregate used to evaluate balanced portfolios
Morningstar Moderate Allocation Index Suitable for moderate-risk investment strategies
Alternative
HFRI Fund Weighted Composite Index Benchmark for hedge funds
Goldman Sachs Commodity Index GSCI Used for commodity-related strategies
Bitcoin Index CoinDesk BPI Benchmark for cryptocurrencies
A reference benchmark is essential in portfolio analysis to measure performance manage risk and evaluate investment strategies The selection of an appropriate benchmark must be consistent with the strategy and market of the portfolio to ensure meaningful comparison.
Understanding and correctly selecting the benchmark allows investors to optimize their decisions and improve long-term results.
ETHUSD WEEKLY CHARTS (ETHUSD)Alternative (Bullish) Analysis
1. Potential Breakout Above 2835 Resistance
The current analysis assumes Ethereum will reject from the 2835 resistance and drop back to 2146.
However, given the strong upward momentum (+13.46%), ETH could break above 2835 instead of reversing.
A daily close above 2835 could trigger a rally toward 3000+.
2. Support Holding at Higher Levels
Instead of expecting a drop to 2146, ETH may form a higher low around 2400 – 2500, which would confirm bullish continuation.
If it retests 2500 and holds, it could bounce back up toward the resistance and push higher.
3. Volume & Momentum Confirmation
The sharp breakout suggests strong buying pressure.
If volume remains high, ETH could invalidate the resistance level and start a new uptrend.
4. Market Sentiment & Macro Factors
If Bitcoin remains bullish, Ethereum will likely follow suit, pushing above resistance levels.
The broader crypto market’s strength could support a continuation rather than a rejection.
Conclusion
Instead of expecting a double-top rejection at 2835, traders should watch for a potential breakout. If ETH stabilizes above 2500, it could lead to a move toward 3000, rather than a drop to 2146
Btcusd weekly chart (btcusd)Alternative (Bullish) Analysis
1. Potential Continuation Above Resistance (95,300)
The current analysis assumes rejection at 95,300 and a drop toward 78,118. However, a strong breakout above 95,300 could trigger a rally toward 100,000 or higher.
If Bitcoin consolidates above 95,300, it may act as a new support, rather than a rejection zone.
2. Volume Confirmation on the Breakout
The price surged significantly (+9.09%), suggesting strong bullish momentum.
Instead of expecting an immediate rejection, watch for high volume confirming a potential continuation upward.
3. Higher Low Formation Instead of a Drop
The chart expects a fall back to 78,118, but the price may form a higher low around 85,000 – 88,000 before resuming the uptrend.
A retracement to this range (not all the way down to 78,118) would still be healthy in a bull market.
4. Market Sentiment Shift
The sharp upward movement suggests buying pressure rather than an exhaustion move.
If 95,300 is tested again and breaks, it could lead to a parabolic move instead of a reversal
GBPJPY weekly analysis (Gbpjpy)Alternative (Bullish) Analysis
1. Breakout Above Resistance at 190.070
The chart suggests rejection from 190.070, but if price breaks and holds above this level, it could signal further upside momentum.
Instead of a bearish move, price could consolidate above 190.165 and push toward 191.003 or higher.
2. Strong Accumulation in the Support Zone (187.800)
The support area at 187.800 has already been tested multiple times, and each time, price has rebounded.
This could indicate a strong demand zone, meaning buyers are stepping in aggressively.
If buyers push price back to resistance and break through, a new bullish trend may emerge.
3. Liquidity Grab Below 188.000
The previous dip below 188.000 may have been a liquidity grab to stop out weak hands before a bullish reversal.
If this assumption holds, price may now aim for higher highs rather than another rejection from resistance.
4. Market Structure Shift
Instead of forming a lower high at resistance, a higher low formation could suggest an uptrend.
If price finds support around 189.000 instead of dropping to 187.800, a bullish continuation pattern would be confirmed
Xauusd weekly charts gold big fall soon opportunity (XAUUSD) Alternative (Bullish) Analysis
1. Support Strength at 2820
The chart suggests that price may drop to 2820, but this area has shown strong support historically
Instead of further breakdown, a strong bounce from this level could lead to a bullish reversal.
2. Potential False Breakdown
The resistance at 2864 is marked as a selling zone, but if price breaks above it, it could trigger stop-losses for short positions, fueling a rally.
If price consolidates above 2864, it could invalidate the bearish projection.
3. Trend Line Reversal
The chart shows a downtrend, but if price breaks above the descending trend line, it would signal a trend reversal rather than continuation.
A bullish breakout above 2864 could target 2900+ levels.
4. Economic Events Impact
The economic events marked (likely U.S. data releases) could trigger volatility.
If these reports are weaker than expected, gold could rally as investors seek safe-haven assets.
Conclusion
While the original chart suggests a bearish move, there's a strong case for a bullish reversal if the support at 2820 holds and price breaches the 2864 resistance. Instead of shorting aggressively, traders should watch for confirmation signals before committing to a bearish or bullish bias
GBP/USD Trendline Breakout (Weekly Forecast Mar 3 - 7)The GBP/USD Pair on the H2 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Trendline Breakout Pattern. This suggests a shift in momentum towards the downside in the coming hours.
Possible Short Trade:
Entry: Consider Entering A Short Position around Trendline Of The Pattern.
Target Levels:
1st Support – 1.2425
2nd Support – 1.2316
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USD/JPY Channel Breakout (Weekly Forecast Mar 3-7)The USD/JPY pair on the H2 timeframe presents a Potential Buying Opportunity due to a recent Formation of a Channel Breakout Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours.
Possible Long Trade:
Entry: Consider Entering A Long Position around Trendline Of The Pattern.
Target Levels:
1st Resistance – 153.90
2nd Resistance – 155.60
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USD/CHF Wedge Breakout (Weekly Forecast Mar 3-7)The USD/CHF pair on the H2 timeframe presents a Potential Buying Opportunity due to a recent Formation of a Wedge Breakout Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours.
Possible Long Trade:
Entry: Consider Entering A Long Position around Trendline Of The Pattern.
Target Levels:
1st Resistance – 0.9138
2nd Resistance – 0.9221
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Bitcoin Cash at Critical Trendline – Next Big Move?Bitcoin Cash (BCH/USDT) is currently showing signs of a strong reversal after testing a key support zone and the ascending trendline. This level has acted as critical support in previous price cycles, making it an important area to watch.
The price has rebounded from the strong support line, which aligns with the accumulation zone from early 2023. Additionally, BCH remains within a long-term descending channel, with the upper resistance line acting as a ceiling for previous bullish moves.