$LINK just broke the trendline! It's prob going to 40$Chainlink (LINK) offers compelling technical advantages by addressing the "oracle problem" with a decentralized and, its continuous focus on scalability and performance, evidenced by upgrades like Multistream, ensures its foundational role in the evolving Web3 ecosystem.
However, from a technical analysis perspective, CRYPTOCAP:LINK has recently faced selling pressure, struggling to reclaim key resistance levels around $18 and $17.61, and could see further downside towards the $10-$15 support zones if current bearish momentum persists, with the $15.00 mark being a crucial level to watch for invalidation of recent bullish patterns.
Beyond Technical Analysis
Market next move
1. Support Zone Validation
Observation: Price is reacting from a labeled “Support area.”
Disruption: The support zone is based on very recent price action with limited prior structure. No confirmed double bottom, bullish engulfing, or strong rejection candle is present to confirm it as strong support yet.
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2. Volume Context Ignored
Observation: Volume has declined during recent candles.
Disruption: A genuine reversal from support typically comes with a volume spike. The current volume profile shows weakening participation, which questions the strength of the bounce.
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3. Premature Long Target Projection
Observation: A bullish arrow targets the 1.134–1.135 zone.
Disruption: This target is overly optimistic given the lack of a trend change signal. Price is still in a clear lower-high and lower-low structure, suggesting bearish momentum remains intact unless a breakout above 1.1300 occurs.
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4. Bearish Scenario Underdeveloped
Observation: Only a single red arrow shows bearish rejection.
Disruption: There is no defined breakdown zone or bearish continuation pattern shown (e.g., flag or wedge). If support breaks, price could rapidly move to 1.1200, but this scenario is underrepresented.
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5. No Confirmation Candlestick for Bullish Entry
Observation: A bullish move is anticipated from current levels.
Disruption: The current candle structure does not confirm bullish control—no hammer, engulfing, or clear reversal pattern. Entering long here could be premature without that confirmation.
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6. Lack of EMA or RSI Confluence
Observation: Analysis is purely price-action based.
Disruption: No exponential moving averages (EMAs) or RSI are shown to validate trend change. These tools could help confirm divergence or trend reversal.
Market falls downward
1. Resistance Zone May Be Weak
Observation: A red rectangle marks a resistance area.
Disruption: This "resistance" level is based on a short-term bounce and may not have strong historical confluence. It lacks multiple rejections to establish it as a true resistance zone.
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2. Overemphasis on Bearish Bias
Observation: Two bearish paths (blue and yellow) dominate the projection, indicating an expected drop.
Disruption: This may be prematurely bearish. There's no confirmation of rejection yet—no strong bearish candlestick pattern (like a shooting star, engulfing, or evening star) is visible in that zone.
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3. Lack of Bullish Consideration
Observation: A small green arrow is shown but not given much weight.
Disruption: The recent candles show higher lows, indicating potential bullish pressure. If price breaks above the marked zone, it may trigger a short squeeze rally.
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4. Volume Misalignment
Observation: Volume spikes during the bounce, especially on the green candles.
Disruption: Rising volume on a recovery typically supports continuation upward. This analysis ignores the bullish volume context and instead forecasts reversal.
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5. No Higher Timeframe Confluence
Observation: 1-hour chart used in isolation.
Disruption: A strong bearish or bullish direction on the 4H or Daily chart would validate or invalidate this local setup. Without it, the trade thesis lacks broader context.
Tesla - Don't get confused right here!Tesla - NASDAQ:TSLA - is about to create the bullish reversal:
(click chart above to see the in depth analysis👆🏻)
2025 has been a rough year for Tesla so far. With a drop of about -50%, Tesla is clearly breaking the average retail trader. But the underlying trend is still quite bullish and if position strategy, risk execution and mindset control are all mastered, Tesla is a quite rewarding stock.
Levels to watch: $275, $400
Keep your long term vision!
Philip (BasicTrading)
Flying upward 1. Assumption of Support
Observation: The "Support" zone is marked around the 3,285–3,290 level.
Disruption: This area has only a few touches and lacks clear validation. Support should be confirmed with multiple bounces and strong volume reactions. Here, volume is present but inconclusive.
2. Overly Optimistic Target
Observation: The target area is set around 3,350, which assumes a clean breakout.
Disruption: This ignores potential resistance levels between 3,310–3,330 that could act as hurdles. The price might stall or reverse before reaching that far.
3. Breakout Path Assumptions
Observation: The blue arrows suggest a bullish breakout, possibly after a retest.
Disruption: There's a strong red rejection candle marked by a red arrow—suggesting bearish momentum. Without strong bullish confirmation (like a bullish engulfing or volume spike), this breakout path is speculative.
4. Lack of Broader Context
Observation: The chart is isolated to a 1-hour timeframe.
Disruption: No higher timeframe trend is considered. If the 4H or Daily chart shows a downtrend, this small support could be insignificant and might break.
5. Volume Analysis Gaps
Observation: Volume bars are visible but not integrated into the analysis.
Disruption: No divergence or volume support is identified. Rising prices without rising volume can indicate a weak move, increasing failure chances.
GOLD 3Days Chart | ViewGold, Silver, Platinum Outlook – Gold Eyes Breakout as Dollar Weakens
- Gold is gaining momentum and approaching a major breakout level near $3,350, supported by a weakening U.S. dollar, rising Treasury yields, and renewed safe-haven demand. A recent U.S. credit downgrade, driven by fiscal concerns, has added pressure on the dollar and boosted interest in hard assets like gold.
- After reclaiming its 20-day moving average, gold climbed to $3,321, showing improving bullish strength. This area is a key confluence of resistance, including the 78.6% Fibonacci retracement and intersecting trendlines. A sustained move above $3,375 would confirm a breakout, likely targeting $3,435 and possibly retesting the all-time high near $3,500.
However, if gold fails to hold above $3,375 and reverses, it could signal a false breakout. In that case, the downside scenario comes into play. Initial support sits around $3,277, and a break below that could see prices drop toward $3,184 (around the 50-day MA). If selling pressure intensifies, the next key level to watch is $3,121, the monthly low and a critical line for maintaining the broader bullish trend.
- Silver is also riding bullish momentum, reclaiming its 50-day moving average at $32.80 and testing resistance at $33.70. A breakout could drive prices toward $34.87, fueled by inflation fears and broad dollar weakness.
- Platinum has surged to a one-year high at $1,075.59, driven by tight supply and a spike in Chinese imports. With no immediate resistance, it is poised to challenge $1,100, supported by strong fundamentals and technicals.
MRVL .. a marvel move when you use TA like a childNot a fan of TA and think its just making excuses to draw lines and pretend that how life works....
but here are some doodles I came up with...it was too cluttered so I left the simplest one up and the rest follow just in a closer view...
Just top to bottom at the first two pivot peaks and then parallel channel to the bottom and use decimals for each line to replicate.
The others here are low to low bow connects with their equal reversal lines attached to their peaks, in between the bows.
And the dark blue is the same line from above but it is attached to every high peak thats important down the whole fall.
Blue lines:
Green lines:
Teal lines:
All together up close:
1hr chart....
but they are super secret
and the indicators I use with them
BTCUSDT✅ New Trade Opportunity on BTCUSDT
There’s a new trade opportunity on BTCUSDT.
Earlier this morning, I took a trade but chose not to share it due to higher risk — it ended up hitting take profit.
Now, I’m entering a new setup and wanted to share it with you.
Since BTC is currently trading near all-time highs, I’ve kept the **Risk-to-Reward Ratio conservative at 1:1 for now.
However, if I see strong bullish momentum, I may extend the take profit target to \$112,400 — which I believe is likely to be tested later today.
🔍 **Trade Details:**
✔️ Timeframe: 15-Minute
✔️ Risk-to-Reward Ratio: 1:1
✔️ Trade Direction: Buy
✔️ Entry Price: **111,034.51**
✔️ Take Profit: **111,712.33**
✔️ Stop Loss: **110,479.90**
🔔 **Disclaimer:** This is not financial advice. I'm simply sharing a trade I'm personally taking based on my own system, strictly for educational and illustrative purposes.
📌 **Interested in a systematic, data-driven approach to trading?**
💡 Follow the page and turn on notifications to stay informed on future trade ideas and professional market insights.
Gold Remains Under Pressure – Further Decline Likely Not OverGold has touched the key support level at $3290/oz as expected and is now hovering around $3295, indicating that the downward momentum remains intact. Recent U.S. economic data has been positive for the U.S. dollar, adding to short-term pressure on gold.
➡️ The strong data reinforces the Fed’s hawkish stance , increasing expectations that interest rates will remain elevated for longer. As a result, both the U.S. dollar and Treasury yields have risen, weighing heavily on gold prices.
🔍 Technical Analysis:
• Price is tracking below the EMA 09 , suggesting the downtrend is still in play.
• The $3290 support has been tested; a break below this level could open the door to the next target at $3225.
• A consistent bearish candlestick pattern shows no clear signs of reversal.
• Lack of strong buying interest at current levels suggests further downside is likely.
💡 Suggested Trade Strategy (Short-Term Bias: Bearish):
• SELL XAU/USD in the $3294 – $3297 zone
🎯 TP1: $3275
🎯 TP2: $3225
❌ SL: $3305
• BUY XAU/USD only if price pulls back to the $3225 zone with clear support signals
🎯 TP: $3260 – $3270
❌ SL: $3210
XAUUSD Predicted winnerPrice in the box, 4 hours ago I was discussing the price action with my cousin. He opened a buy trade after seeing a long bullish candle and sent it to me. But first I need the price to determine its position with the box. If it closes above it, it will be a buy trade and if it closes below it, it will be a sell trade. 2 hours ago the price closed below the box and issued a sell signal. We are waiting to see what the outcome will be.
QUBT Bullseye: $20 Taget in Sight! Welcome to Odins Trading Den!
QUBT Bullish Outlook: Targeting $20 in the Coming Weeks
QUBT is showing strong bullish potential on the daily chart, with a clear setup pointing to a move toward the $20 range in the next few weeks. My analysis highlights a bullseye target at $20, supported by key technical indicators and price action:
Breakout Momentum: QUBT has recently broken above key resistance levels, signaling strong buying interest and potential for continued upside.
Volume Surge: Increasing trading volume supports the bullish move, indicating growing market confidence.
Technical Patterns: The chart shows a bullish consolidation pattern, with price action tightening before an expected upward breakout.
Target Zone: The $20 level aligns with historical resistance and Fibonacci extension levels, making it a realistic target for this move.
Check the chart for the bullseye marking the $20 target. This setup suggests a strong risk-reward opportunity for traders. Always manage risk and stay updated with market conditions.
What are your thoughts on QUBT's potential? Let’s discuss below!
Gold at 100 Times its Price - A Psychological LevelGold has now risen to 100 times its previously fixed price of $35 per ounce.
Is this a psychological milestone signaling a correction ahead, or is there still more upside potential?
Under the Gold Reserve Act of 1934, gold was officially priced at $35, a rate maintained until 1971, when President Nixon suspended the dollar’s convertibility into gold, effectively ending the gold standard. This historic move, known as the “Nixon Shock,” allowed gold to trade freely in the market. By December the same year, the market price had already climbed to around $43–44 per ounce.
So why has gold risen from $35 to $3,500?
Micro Gold Futures & Options
Ticker: MGC
Minimum fluctuation:
0.10 per troy ounce = $1.00
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
Trading the Micro: www.cmegroup.com
www.cmegroup.com
RUNEUSDT | Long | Targeting POC | (May 22, 2025)RUNEUSDT | Long | Targeting POC & Volume High in Triangle Structure | (May 22, 2025)
1️⃣ Quick Take: RUNE is consolidating inside a triangle while respecting key support. Despite liquidation risks below, the broader structure points to potential upside targeting the top of the range.
2️⃣ Trade Parameters:
Bias: Long
Entry: $1.00–$1.10
Stop Loss: Below $0.98 (under key wick zone with high liquidation probability)
TP1: $1.86
TP2: $5.20
🪙 Final 5% to remain open beyond $5.20 if the trend continues
3️⃣ Key Notes:
Resistance has flipped into support on the chart—expecting it to hold.
Triangle pattern forming, with potential to break out toward Value Area High or POC from volume profile.
Limit sell orders are visible above—liquidity magnet if price starts moving fast.
Order flow shows spot selling slowly, possibly by a market-making bot, while open interest is stable and healthy.
Funding rate is around 0.017—slightly favoring longs, but not overheated.
Liquidation wick below $1.00 could occur, but structure suggests a higher high is more probable in the current setup.
4️⃣ Follow-up: Will reassess and potentially compound on dips or wick recoveries. Will update the trade if structure confirms breakout.
Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible.
Disclaimer: This is not a financial advise. Always conduct your own research. This content may include enhancements made using AI.
AUDCAD re-entry DocumentationRe-entry on my Monday trade as no confluence was broken;
Market structure bearish on HTFs DW
Entry at Both Daily and Weekly AOi
Weekly Rejection at AOi
Previous Structure point Weekly
Daily Rejection at AOi
Previous Structure point Daily
Around Psychological Level 0.89500
H4 EMA retest
H4 Candlestick rejection
Levels 5.21
Entry 100%
REMEMBER : Trading is a Game Of Probability : Manage Your Risk : Be Patient
: Every Moment Is Unique : Rinse, Wash, Repeat!
: Christ is King.
GOLD possible outcomesGold is now approaching 3275 area, which is probably the biggest make or break are right now
If we will see break, we gonna see some retest of previous resistance and we could see retest of ALL TIME HIGH again
If we hold this important 3275 area, we could see one more leg to the lower trendline (Daily TL) and possibly testing higher timeframe support of 3150 area... Possible retest of Daily trendline could lead us to even bigger decline all the way down to 2970 support area