Micron Technology - Fully Resisting The Stock Market Crash!Micron Technology ( NASDAQ:MU ) is one of the few bullish stocks:
Click chart above to see the detailed analysis👆🏻
Despite the stock market kind of "crashing" lately, Micron Technology is one of the few stocks which remains in a rather bullish environment. Following the uptrend, the bullish break and retest and the beautiful cycles on Micron Technology, this strength will soon become reality.
Levels to watch: $90, $180
Keep your long term vision,
Philip (BasicTrading)
Channeltrend
Bitcoin - Please Just Listen To The Charts!Bitcoin ( CRYPTO:BTCUSD ) remains in a bullish market:
Click chart above to see the detailed analysis👆🏻
Despite literally everybody freaking out about cryptos lately, big brother Bitcoin is still creating bullish market structure. During every past cycle we witnessed a correction of at least -20% before we then saw a parabolic rally. So far, Bitcoin is just doing its normal "volatility thing".
Levels to watch: 70.000, $300.000
Keep your long term vision,
Philip (BasicTrading)
Nvidia - That's Officially The Brutal End!Nvidia ( NASDAQ:NVDA ) is breaking all structure:
Click chart above to see the detailed analysis👆🏻
Following previous cycles, Nvidia has been rallying for more than 2 years, creating an overall pump of approximately +1.000%. But now, everything is literally pointing to a significant towards the downside and with a potential drop of -30%, bears are totally taking over Nvidia now.
Levels to watch: $70
Keep your long term vision,
Philip (BasicTrading)
S&P500 - Donald Trump Is Crashing Markets!S&P500 ( TVC:SPX ) is starting a correction:
Click chart above to see the detailed analysis👆🏻
Since Donald Trump was elected the markets have been super volatile and clearly not too easy to trade. But now it seems like bears are slowly taking over the entire U.S. stock market after we just saw a drop of -10% within a couple of days and a correction becomes more and more likely.
Levels to watch: $6.100, $4.800
Keep your long term vision,
Philip (BasicTrading)
Bitcoin (BTC/USD) Potential Breakout from the Downtrend Channel!Bitcoin is currently trading inside a descending channel, with price consolidating in a small range. A breakout from this zone could trigger a strong bullish move toward the upper boundary of the channel.
🔹 Key Observations:
BTC is trading within a well-defined downward channel.
Current Consolidation: A small range has formed, suggesting a potential buildup before a breakout.
Target Projection: If price breaks out, we could see a move toward the 90,790 level, aligning with the upper trendline.
📈 Bullish Scenario:
A breakout above the consolidation area may lead to a push toward 90,790.
Confirmation of strength will be needed above resistance levels.
🔻 Bearish Risk:
If rejection happens at resistance, BTC may continue downward within the channel.
💡 Key Levels to Watch:
Resistance Target: 90,790
Current Support: 82,500
Will BTC break out of the downtrend, or will the channel continue to hold? Let’s discuss below! 📊🔥
Microsoft - A Little Lower And Much Higher!Microsoft ( NASDAQ:MSFT ) is about to retest strong support:
Click chart above to see the detailed analysis👆🏻
In mid 2024 Microsoft perfectly retested the previous channel resistance trendline and the recent weakness has not been unexpected at all. However the overall trend still remains rather bullish and if Microsoft retests the previous all time high, a significant move will most likely follow.
Levels to watch: $350
Keep your long term vision!
Philip (BasicTrading)
Bitcoin - Just Objectively Look At The Chart.Bitcoin ( CRYPTO:BTCUSD ) remains very bullish lately:
Click chart above to see the detailed analysis👆🏻
Many traders are actually calling the top on Bitcoin but if we objectively look at the chart, situation is entirely different. First, Bitcoin just broke above the previous cycle high with a massive candle and second, we still have a valid rising channel acting as a major support.
Levels to watch: $70.000, $300.000
Keep your long term vision,
Philip (BasicTrading)
BITCOIN | 1 DAY | '' Bitcoin will fall to $72,000 ''Hey everyone 💙
In the long run, I expect BINANCE:BTCUSD to drop to around $72,000. But don’t worry—this could actually be a sign of a massive rally ahead. If you're holding spot positions, there's no need to panic!
Big moves up often come after strong corrections. In my opinion, this dip is just a profit-taking phase, and the whales are setting the stage to push Bitcoin above $100K in the long term.
If you enjoy these insights, don’t forget to hit that like button🚀
S&P500 - The 2025 Bullrun Just Started!S&P500 ( TVC:SPX ) will rally massively during 2025:
Click chart above to see the detailed analysis👆🏻
Over the past couple of years, the S&P500 has perfectly been respecting the trendlines of a rising channel formation. After the recent rally of +70%, it is quite likely that - following the 2020 cycle - we will see another final rally of about +20% before the S&P500 will correct itself.
Levels to watch: $7.000
Keep your long term vision,
Philip (BasicTrading)
GBP/USD - Fair Value Gap (FVG) Short SetupOverview:
A bearish reversal setup based on Fair Value Gaps (FVGs), a concept used in Smart Money trading strategies.
Key Technical Insights:
🔹 Fair Value Gap (FVG) Zones:
The price is approaching an FVG entry zone around 1.2700, which may act as resistance.
A second FVG zone is located around 1.2850 - 1.2900, offering a secondary entry for shorts.
🔹 Bearish Trade Setup:
The plan anticipates a reaction at the first FVG zone, leading to a downside move.
If price continues higher, the second FVG zone provides another opportunity to enter shorts.
🔹 Stop Loss & Target:
Stop Loss: Placed above 1.2928 to protect against invalidation.
Target: 1.2350 - 1.2400, aligning with previous demand zones and imbalance filling.
Trade Plan:
📌 Entry Strategy:
Watch for bearish confirmation (e.g., rejection candles, lower time frame structure shift) at the FVG entry zone.
If price moves beyond the first FVG, consider a second entry at 1.2850 - 1.2900.
📌 Exit Strategy:
Take Profit: At the 1.2350 - 1.2400 target zone for a favorable risk-to-reward trade.
Stop Loss: Above 1.2928 to mitigate risk.
Final Thoughts:
✅ Bearish bias unless price breaks above 1.2928.
✅ Look for rejection at FVG zones for ideal entries.
✅ Potential downside move towards 1.2350 target.
📉 Patience is key—wait for confirmation before entering! 🚀
Gold (XAU/USD) Trade Setup – Bullish BiasChart Overview:
This 15-minute XAU/USD chart from OANDA shows a potential bullish setup with clearly defined support, resistance, and trade levels. The price is currently in an upward trend, with a possible pullback before further continuation.
Key Trading Zones:
🔹 Strong Support Level: Around 2,921 - 2,930 USD, where buyers previously stepped in.
🔹 Resistance Area: 2,946 - 2,950 USD, acting as a breakout level.
Trade Plan:
📌 Entry Strategy:
A potential pullback toward the 2,935 - 2,940 USD zone could provide a good buying opportunity.
If price respects the support, it could trigger a bullish push.
📌 Take Profit Targets:
1st TP: Near 2,950 USD, a short-term resistance level.
2nd TP: 2,971 USD, marking a higher target for extended bullish movement.
📌 Stop Loss:
Positioned near 2,915 USD, below the strong support zone, to limit downside risk.
Market Structure Analysis:
✅ Volume Analysis: Increasing volume at key levels suggests strong buying interest.
✅ Trend Direction: The market is attempting a higher low formation, indicating a potential bullish continuation.
✅ Risk-to-Reward Ratio: The setup shows a favorable risk-reward ratio for buyers.
Final Thoughts:
Watch for a pullback before entering long positions.
A break above the resistance zone could push the price toward the second TP.
Manage risk properly with a well-placed stop loss.
📈 Trade wisely and monitor price action for confirmation! 🚀
Gold Price Analysis (1H Timeframe)Gold (XAU/USD) is currently trading inside an ascending channel, showing a bullish trend. However, a key trigger line at $2,936 will determine the next move.
🔹 Bullish Scenario:
If price stays above $2,936, we can expect a push toward $3,028 and potentially $3,085.
A breakout above $3,085 would confirm strong bullish momentum, targeting new highs.
🔻 Bearish Scenario:
A break below $2,936 could signal weakness, leading to a drop to $2,880.
If selling pressure continues, the next major support is at $2,803.
📌 Trading Plan:
🔸 Long Entry: If price holds above $2,936, with a target of $3,028 - $3,085.
🔸 Short Entry: If price breaks below $2,936, targeting $2,880 - $2,803.
🔸 Risk Management: Use stop-losses near key levels to minimize risk.
📊 Watch Volume & Price Action!
A breakout with strong volume confirms the trend direction.
Low volume means potential fakeouts—wait for confirmation before entering trades.
📢 What do you think? Share your views in the comments! 🚀
Google - This Can Be A Major Opportunity!Google ( NASDAQ:GOOGL ) is rejecting the resistance:
Click chart above to see the detailed analysis👆🏻
Over the past couple of years, Google has actually always been rejecting the upper channel resistance trendline with the only exception being the 2021 breakout. Following this previous behaviour, another bearish rejection is probable although bulls remain overall in control.
Levels to watch: $200, $150
Keep your long term vision,
Philip (BasicTrading)
XAUUSD - 1H update bullish trend with targetOverview:
Gold (XAU/USD) is showing strong bullish momentum after breaking out of an ascending triangle pattern. This breakout is supported by multiple CHoCH (Change of Character) signals, confirming a shift in market structure.
Key Observations:
✅ Ascending Triangle Breakout – Price has successfully broken above resistance, signaling bullish strength.
✅ CHoCH Confirmation – Multiple CHoCH patterns indicate trend continuation.
✅ Fair Value Gap (FVG) Support – A potential retracement zone that could act as a demand area.
✅ Price Target: $3,048 – Measured move projection suggests a potential 3.60% upside.
Trading Plan:
📌 Bullish Scenario:
A confirmed retest of $2,940-$2,947 (previous resistance turned support) could offer a strong entry point.
Next target: $3,048 📈
📌 Bearish Scenario (Invalidation):
A breakdown below $2,924 may indicate a failed breakout, potentially leading to lower levels.
Bitcoin - This Cycle Is Pretty Clear!Bitcoin ( CRYPTO:BTCUSD ) is still 100% bullish:
Click chart above to see the detailed analysis👆🏻
It is actually quite a surprise that we did not see new all time highs on Bitcoin for the past two months. However we had the same thing happening back in 2017 before Bitcoin actually finished the cycle with a parabolic blow off top. So we all know what is very likely to happen next.
Levels to watch: $70.000, $300.000
Keep your long term vision,
Philip (BasicTrading)
Gold - Trend continuation after deep correctionParallel Channel: A clear upward-trending channel indicating long-term bullish movement.
Consolidation Pattern: A triangular consolidation phase before a breakout.
Strong Support Level: Marked around 2,861.843, serving as a key price level.
Price Projections: Two significant measured moves showing price increases of 14.10% and 12.27%, with the latest target reaching approximately 3,037.055.
Current Price Action: The price is around 2,882.482, experiencing a slight pullback (-1.57%).
Key Elements of the Chart:
1. Overall Trend: Bullish Momentum
The chart showcases an upward trend in gold prices over the past several months.
A parallel ascending channel is drawn, marking higher highs and higher lows, indicating a sustained bullish trajectory.
2. Parallel Channel Formation
A parallel channel (black trendlines) has been plotted, highlighting a structured uptrend.
The price has consistently moved within this channel, bouncing off support and resistance levels.
3. Consolidation & Breakout Phase
A green triangular pattern is visible in the middle section of the chart.
This pattern represents a period of price consolidation, where gold traded in a tightening range before a breakout.
After breaking out of this consolidation phase, the price resumed its uptrend, confirming a bullish breakout.
4. Support and Resistance Levels
A strong support level is identified at 2,861.843, providing a key price floor.
The price has recently retraced and is testing this support zone around 2,882.482.
Resistance lies near the upper boundary of the parallel channel, with a target projection of 3,037.055.
5. Measured Price Moves (Projection Targets)
The chart includes two price projections using vertical arrows:
First measured move: A rally of 333.699 points (14.10%), suggesting a significant bullish leg.
Second measured move: Another 331.092 points (12.27%), confirming continued bullish strength.
The next target price level is around 3,037.055 USD, indicating further upside potential.
6. Current Market Conditions
The current price is around 2,882.482, reflecting a -1.57% daily decline.
The recent pullback suggests either a minor correction or a potential support test before the next leg upward.
Technical Summary:
Trend: Strong bullish uptrend within a well-defined parallel channel.
Support Level: 2,861.843 (marked as a strong area of buying interest).
Resistance Level: Around 3,037.055.
Breakout Confirmation: After a consolidation phase, gold has resumed its uptrend.
Market Outlook: The chart indicates the potential for further upside, but short-term corrections may occur.
The price remains within the parallel channel, gold could continue its upward trajectory, with 3,037.055 USD as the next key resistance level. However, if the support level (2,861.843) fails, a deeper correction may follow.
Microsoft - This Will Lead To Trouble!Microsoft ( NASDAQ:MSFT ) shows some clear weakness:
Click chart above to see the detailed analysis👆🏻
Back in mid 2024 Microsoft created another new all time high and in doing so also retested the major upper resistance trendline of the longer term rising channel formation. Following this bearish retest, a correction is very expected before we then see the bullish trend continuation.
Levels to watch: $350
Keep your long term vision,
Philip (BasicTrading)
GBPJPY | 15M | SELL LIMIT ORDER Don't forget to press like if you want to receive updates of this analysis. 🚀
SIGNAL ALERT
SELL LIMIT ORDER - GBPJPY ( OANDA:GBPJPY ) | 193,450 OR 192,146
🟢TP1: 192,000
🟢TP2: 191,840
🟢TP3: 190,753
🔴SL: 193,559
RISK REWARD - 1,51
Thanks to everyone who supports my analysis with likes.🫡
Nvidia - This Will Change Everything!Nvidia ( NASDAQ:NVDA ) is creating a massive breakdown:
Click chart above to see the detailed analysis👆🏻
For the past decade, Nvidia has been trading in a rising channel formation, perfectly following major rally and retracement cycles. But now we are starting to see some weakness on Nvidia and a break below the smaller timeframe support trendline will lead to a massive move lower.
Levels to watch: $110, $60
Keep your long term vision,
Philip (BasicTrading)