STRONG REVERSAL COMMING FROM NEW ATH ALERT!📈 Description:
This is a 2-hour timeframe analysis of Gold, the market is currently consolidating between a strong support zone 📉 and a weekly high resistance level 📈. Two possible breakout scenarios can be expected:
✅ Bullish Scenario: If the price holds the strong zone at 3028 and gains momentum, it may break out above the weekly high 🚀.
❌ Bearish Scenario: If the price breaks below this strong support zone i.e 3028, it could trigger a downward move toward a lower support level 📉.
👀 Traders should watch for breakout confirmations before entering trades! 📊📉📈
follow risk management
Bullish Pennant
The THETA chart sure has a story to tell!*"Here is a copy of my latest THETA chart, which I recently covered. There is a lot of information to be discovered simply by looking at it and drawing the proper conclusions. This will be one to watch as we move forward into the 'April flash crash' thesis I have been widely discussing.
Even if it doesn't materialize as I've theorized, there are still some interesting developments that could be coming regarding the future of this asset.
Good luck, and always use a stop loss!
Another look at the wedge/pennant I just postedI decided to do a second chart idea on the pennant I posted in the last chart, this tme including the super pivotal support trendline and moving the emasured move line to the point that support line crosses over the top trendline of the wedge. Will be interesting to see if either of these measured move line projections from this dea and the last one play out. *not financial advice*
Falling Wedge/Pennant on BitcoinThe full wedge extends all the way into August. I certainly hope we break up from it well before then. I place the measured move line around where I think we old break upward from if we can flip the 200ma back to solidified support. It of course could actually take much longer to break up from the wedge but even if it did the lowest price of the wedge is really not that terrifying in my opinion and would instead just be a phenomenal buying opportunity if we were allowed to accumulate mote that cheap. Because of other major supports not shown here however going below 70k for anything but an extremely brief wick seems an incredibly low probability. *not financial advice*
#1000CHEEMSUSDT is setting up for a breakout Long BINANCE:1000CHEEMSUSDT.P from $0,0014000
🛡 Stop loss $0,0013740
1h Timeframe
⚡ Plan:
➡️ POC is 0,0013254
➡️ Waiting for consolidation near resistance and increased buying activity before the breakout.
➡️ Expecting an impulsive upward move as buy orders accumulate.
🎯 TP Targets:
💎 TP 1: $0.0014380
💎 TP 2: $0.0014700
🚀 BINANCE:1000CHEEMSUSDT.P is setting up for a breakout—preparing for an upward move!
WELCOME 3000 GOLD WILL GOLD MARK NEW ATH AGAIN!🔥 Attention Traders! 🔥
XAUUSD is heating up! Here's the latest analysis:
🔻 Bearish Setup: Watch for a potential decline if the price breaks below 2979-3003. Key targets: 2960 & 2945.
🔺 Bullish Setup: A breakout above 2911 could signal buying opportunities! Keep an eye on these targets: 3015 & 3030.
📉 Risk Management: Always protect your capital by setting stop-losses and adjusting position sizes based on your risk tolerance. Trading with discipline is key to success!
📊 Stay Engaged: Share your thoughts and strategies as we navigate through this volatile market. Let’s aim for new highs while managing risk effectively! 💵🚀
NEWS MOVE ALERT PPI AND UNEMPLOYEEMENT CLAIM.🚨 Gold Trading Update 🚨
Hey Traders! 👋
Here's the current scenario: Gold is heading towards the 2950-2955 level. Expect a possible fake-out, followed by a sharp drop. 📉
🔍 Key Insight: There’s an FVG on the H1 chart, signaling a potential sell-off before we see another GOLD rally. 🚀
Today’s News: PPI report 📊 drops, so expect a significant market move! Gold might respect the FVG and target these levels for a potential buy:
👉 2970
👉 2980
👉 3000
⚠️ Tip: Follow my strategy and always use proper risk management with a 1:2 risk-to-reward ratio. 💡
Happy Trading! 💰📈
Bitcoin in a falling wedge / bull pennant It’s hard to say where it will. Break up from ths pennant, I put the dotted measured line in an arbitrary spot which will almost certainly have to be readjusted and most likely further down than where I placed it but if it were to somehow break up from the wedge by then and confirm that breakout the target would be in the 145k zone. *not financial advice*
Gold (XAUUSD) Breakout Setup – Targeting $3,014Gold is showing strong bullish momentum on the 1H timeframe, forming a breakout structure with a well-defined resistance and support zone.
Key Levels:
📌 Resistance: Around $2,940 (previous rejection zone)
📌 Support: Around $2,900 (previous consolidation zone)
📌 Target: $3,014 (+3.16% move)
Technical Analysis:
🔹 Gold recently broke out of a bullish flag pattern after a strong uptrend.
🔹 Price successfully retested the support zone and is now pushing higher.
🔹 A breakout above $2,940 could trigger a sharp rally towards the $3,014 target.
🔹 Volume confirmation and strong momentum support further upside potential.
Trade Plan:
✅ Long above $2,940 with a target of $3,014
❌ Stop-loss below $2,900 to protect against fake breakouts
Gold remains bullish, and if the price holds above the breakout zone, we could see a strong move higher! 🚀
$OM Bullish pennantBINANCE:OMUSDT is currently doing a bullish pennant pattern after an explosive move from 1.67 area. A break of this pennant could send BINANCE:OMUSDT price parabolically to around 6.40 - 6.80 area, measured using the length of the pole in confluence with 2.618 fib level.
In a typical retrace on a continuation move towards the upside, volume tends to dry out, signalling that a move may be due sooner than later. In futures, BINANCE:OMUSDT.P O/I continue to hover around $14M which is a good sign given the sentiment of the market towards premium RWA projects, with a positive L/S ratio.
On the flipside, a break of the lower level will only continue the current ranging move of BINANCE:OMUSDT towards 3.30 - 3.50 area.
Given that the market is still focusing on BTC, BINANCE:OMUSDT will continue to move in a laggard fashion, therefore there is still time to find a long entry near 3.55 - 3.63 area. Once money shifts towards alts, this will propel BINANCE:OMUSDT to new ATHs.
As always, manage your risks.
GL!
- JD
XCN has serious breakout potential on the 5th wave count.XCN went on a massive run over the past few months, followed by a significant decline along with the overall crypto market. The chart, however, is telling a story of what could become a massive move to the upside on the 5th wave of the wedge pattern's internal wave count.
I wouldn't count XCN out just yet. I think good things are coming to XCN in the future, even if the 5th wave ends up failing this time around.
Good luck, and always use a stop loss!
The SECRET to BULLISH CHART PATTERNS | EducationBullish chart patterns play out towards the upside... atleast most of the time.
In some cases, a bullish pattern forms - seemingly strong- but ends up going the complete opposite direction. There is a way to navigate this very frustrating outcome - by waiting for confirmation.
Through waiting a little longer, you will surely reduce the profits - but this greatly reduces the risk of playing a "failed" pattern.
Keep a close eye on this bullish chart pattern forming on SUI:
__________________________
Is History Repeating? XAUUSD on the Verge of a Breakout!📌 Description:
Gold's price action is aligning with a familiar historical pattern, hinting at a potential breakout. Let’s break it down:
1️⃣ Historical Precedent – Looking back, a similar market structure led to a significant bullish move. Recognizing these patterns can provide an edge in anticipating market behavior.
2️⃣ Recurring Structure – Once again, the chart is shaping up in a way that mirrors past price action. If history is any guide, this could be a pivotal moment.
3️⃣ Bullish Pennant Formation – The current price action suggests the formation of a bullish pennant, a classic continuation pattern. When combined with historical context, the probability of a breakout strengthens.
🔍 Fundamental Factors:
- Geopolitical Uncertainty: Rising tensions and macroeconomic instability continue to drive demand for gold as a safe-haven asset.
- Interest Rate Expectations: With potential shifts in central bank policies, any dovish signals could fuel further upside in XAUUSD.
- Inflation & USD Strength: Any weakness in the dollar or persistent inflation could further support gold’s bullish case.
⚡ Is this the next major move for gold? Let’s discuss! Drop your thoughts below! 👇
XAUUSD BULLISH PATTERN CHARTHEY,
all my trader friends if you see m30 there is strong support at 2895 to 2899 so posible to gold fall and retest the area of this level and pull back to 2915.
if powell speaks is good for currency that time so we see gold fall wanna gold again buy from 2895.
BUY scenerio target 2916 this position all trader booked their 50% profit and half for continue to 2940
Breaking: $FLARE Soars 16.71% Amidst Bullish Flag PatternThe cryptocurrency market is no stranger to volatility, but Flare Network’s native token, NYSE:FLR , is making waves with a remarkable 16.71% surge today. Despite the broader crypto landscape remaining bearish, NYSE:FLR is defying the odds, showcasing strong technical and fundamental indicators that suggest further upside potential. Let’s dive into the details of what’s driving this surge and why NYSE:FLR could be poised for a breakout.
Technical Analysis
NYSE:FLR is currently forming a bullish flag pattern, a continuation signal that often precedes a significant upward move. The pattern is characterized by a sharp rise (the flagpole) followed by a period of consolidation (the flag). For NYSE:FLR , the flagpole was the recent surge, and the consolidation phase is now underway.
A breakout above the flag’s ceiling could trigger a 70% surge, targeting the psychological resistance level of $0.038. This would mark a decisive move for NYSE:FLR , potentially attracting more buyers and fueling further gains.
The Relative Strength Index (RSI) for NYSE:FLR is currently at 44.98, which is neither overbought nor oversold. This suggests that there is ample room for upward momentum before the token enters overbought territory. A rising RSI could accompany the breakout, confirming the strength of the move.
The 24-hour trading volume of $35.9 million and a market cap of $1.33 billion indicate strong liquidity and investor interest. The recent price surge has likely caught the attention of traders, further boosting momentum.
Flare Network’s Unique Value Proposition
Flare is an Ethereum Virtual Machine (EVM)-compatible Layer 1 blockchain designed to enhance blockchain utility. Its unique architecture allows developers to access high-integrity data from other chains and the internet, enabling new use cases and monetization models.
One of Flare’s standout features is its ability to provide decentralized access to data from external sources. Flare allows dApps to serve multiple blockchains through a single deployment, reducing fragmentation and increasing efficiency.
With a market cap exceeding $1 billion, Flare has firmly established itself as a significant player in the crypto market.
Conclusion: A Breakout in the Making?
NYSE:FLR ’s recent surge and technical setup indicate that the token could be on the verge of a major breakout. The bullish flag pattern, combined with strong fundamentals, makes NYSE:FLR a compelling asset in the current market environment.
As always, it’s essential to conduct your own research and consider your risk tolerance before investing. But one thing is clear: NYSE:FLR is a token to watch as it continues to defy market trends and carve out its niche in the crypto ecosystem.
TON/USDT: How to Act in the Market When Panic Takes Over?Crypto Panic or Manipulation? A Deep Market Breakdown
🔥 Hello everyone, this is Ronin!
The last two trading days have been a real test for investors and traders in the cryptocurrency market. 📉 We witnessed a massive wave of liquidations, which literally crashed altcoins. Looking at the numbers:
Most assets dropped by 10–30%.
Some coins lost 50% of their value.
The total crypto market capitalization shrank by more than 10% in just a few days.
We haven’t seen a crash like this in a long time. 📉💥
What Are Analysts Saying?
According to most experts, the main reason for this decline was the new trade sanctions imposed by Donald Trump against Canada and Mexico. These sanctions allegedly led to an overall deterioration of the economic climate, causing capital to flow out of risk assets, including cryptocurrencies.
But is that really the case?
My Perspective: What Really Happened?
I can’t say with 100% certainty, but my decade of experience tells me otherwise. What we saw over the weekend was nothing more than crypto panic and large-scale market manipulation.
🔹 Why do I believe this?
The sanctions have no direct or indirect impact on the crypto market.
The key factor was the psychological state of market participants.
Friday was extremely positive: the Fear and Greed Index was in the "greed" zone, and ETF funds recorded record capital inflows.
The Fed left interest rates unchanged, which the market viewed more positively than negatively.
However, by the weekend, we saw massive sell-offs. The logic is simple: big players took advantage of the news cycle to wipe out market liquidity. 💸
The Hardest Hit: TON
💎 TON (The Open Network) is one of the most promising blockchain projects, closely tied to the Telegram ecosystem.
And here’s the question: Is there any real reason for TON to be this undervalued?
❌ The answer is a definite NO!
For comparison:
Even when Telegram’s founder, Pavel Durov, was arrested in France, the risks for the project were much higher, yet the price never dropped below $4.
However, on Sunday night, the price plummeted to $3 – with no real fundamental reason behind it.
📌 If that’s not manipulation, then what is?
What Do the Stats Say?
📊 More than $2 billion in liquidations occurred in a single trading day.
💥 This was one of the largest liquidation events in the history of the crypto market.
If you check CoinGlass, you’ll see a massive imbalance in liquidations between buyers and sellers. Big players literally wiped out everyone who was leveraged long.
What’s Next? Where Is the Market Headed?
As the saying goes: "Buy when everyone is selling, and sell when everyone is buying."
Right now:
✅ Everyone is selling.
✅ The market is in panic mode.
✅ Big players have wiped out overleveraged long positions.
What should you do in this situation? 🤔
Personally, my average entry on TON is $5. I bought 40,000 tokens, and yes – the drawdown is significant.
I had the temptation to close my position, wait for the bottom, and re-enter, but then I remembered one of the golden rules of the market:
💡 If everyone is selling, it’s time to buy!
So not only did I NOT close my position, but I increased it.
Conclusion: What to Expect Next?
📌 This was an artificial correction – a manipulation aimed at liquidating overloaded positions.
📌 The coming days will show a recovery, especially if volumes begin to rise.
📌 Market psychology is a key factor. When the market is in panic mode, big players are accumulating assets at low prices.
I will continue to publish updates on my TON position and other cryptocurrencies. If you’re interested in my strategy for recovering from this deep drawdown, follow my profile on TradingView.
🚀 In upcoming articles, we’ll analyze other coins and provide a microeconomic breakdown of projects in similar situations.
This has been Ronin – stay tuned for updates! There's a lot more to come. 🎯
XCN is likely to pullback upwards of 40% in the short-term.XCN has been on an absolute tear as of late. Although price action has been incredibly bullish, it is very likely to pull back by upwards of 40% in the short term on the wave four count, reaching the bottom of the bullish wedge pattern before making a significant move to the upside. These bullish moves generally—but not always—comprise a five-wave count within these wedge patterns before making big upside moves, and XCN is currently at or near the top of wave three.
As with anything in trading, this isn't guaranteed, but it is probably more likely than continuing up and breaking out on the wave three count. Therefore, there may be an opportunity for lower-priced entries in the coming days or weeks.
Overall, I'm bullish on XCN, but this perspective is just something to consider.
Good luck, and always use a stop-loss!
XPR looks to be setting up for a big move to the upside soon!The XPR chart (not to be confused with XRP) is looking fantastic right now, and the upper wedge that the price is currently trading in closely resembles the lower wedge from the initial breakout. The Gaussian channel is cinching up as the wedge runs out of real estate. As a speculative play, XPR could very well make a move similar to the one XCN recently made, generating a 5X return—or perhaps even a 10X if enough momentum rolls in.
Good luck, and always use a stop-loss!
MATIC returning to equilibrium would be a 128% gain from here!MATIC is looking extremely undervalued at current levels. The price has pulled back considerably since the "Trump election pump" and is forming a nice wedge on the 4-hour chart, which is currently on a four-count. A price move back to equilibrium from the wedge's bottom trendline would, by itself, result in approximately a 128% gain.
Longer term, if the price breaks out of the monthly chart wedge pattern (see comments below for the chart), which is also currently trading at a four-count, we could see some incredible price appreciation over the next 6 to 9 months.
Good luck, and always use a stop-loss!
XRP is holding its own in the equilibrium zone.XRP has been holding its own in the wedge pattern that it is currently trading in. Although it has the potential to form a bearish divergence on the weekly RSI, it appears that XRP is getting ready for another leg to the upside.
Good luck, and always use a stop loss!
POLYX Buy Signal Given!Trading Fam,
It’s been a bit slow recently so I thought I’d throw out a free alert just to keep you all in the game. We’re getting close to another run here soon. I know, it feels like I have been saying this for weeks. I have. Trading often involves extreme patience. In our case above, POLYX has given us not one but two green dots from my Dots and Blocks indicator inside the liquidity block. This gives me a special confidence that this coin is going to run soon. I would target that double-top at .435, take some off, and let the rest ride.
Best of luck. Hey, if you do enter this trade and make some cash, be sure to come back here and let me know in the comments. I love it when my followers find profits.
✌️Stew
ALGO looks to be setting up nicely for another spectacular move.Algorand is setting up nicely within the bull flag pattern it's currently trading in. Compared to many other coveted cryptos, ALGO's gains have been very reserved compared to its structure (maximum supply). I do believe that we are going to see ALGO outperform on the next leg, as it has some catching up to do, especially when compared to what it has done in past bull run cycles.
Good luck, and always use a stop loss!