$U $20 support, flagging in ascension Interesting setup here. Looks pretty good IMO. Software is a great name to look at in this market environment. It has a nice support at $20, even at large volume here it’s holding nicely so it shows relative strength. This name is definitely bullish long term. I’m in $21.5c for 2 weeks out, this is a high IV% name. Can run 10% in a day, 20% in a week, etc. We will see how it plays out.
WSL.
Chartanalysis
Decantraland: Progress in wave [i]Following the renewed rise last week, we continue to locate the MANA coin at the beginning of the magenta wave . This movement should have the medium- to short-term potential to extend above the resistance levels at $0.59 and $0.85 before a countermovement should pick up again with wave . Nevertheless, there is a 33% chance for our alternative scenario: if weakness emerges in the near future, a new low of the green wave alt. might be reached. Ultimately, however, this would only imply a slight delay.
Risk Appetite Weighs on GoldGold hovers near $3,155, attempting to stabilize after falling more than 2% the previous day. The metal trades below $3,200, pressured by improved risk appetite following U.S.-China tariff reductions and upcoming U.S. data releases, including PPI and Retail Sales.
Fed Chair Powell’s speech is also in focus, as markets seek clues on interest rate policy. While the weaker Dollar has lent gold some support, traders remain cautious ahead of potential rate-cut signals.
Key resistance is seen at $3,235, followed by $3,300 and $3,350. On the downside, support begins at $3,120, then $3,030 and $2,956.
Japan Pushes Back on Auto TariffsThe Japanese Yen strengthened to around 146 per dollar, marking its third straight gain as global trade concerns weighed on the U.S. Dollar. Asian currencies broadly rose with speculation that the U.S. may be favoring a weaker Dollar to aid trade talks. Trump’s administration argues that undervalued Asian currencies create unfair competition for American exporters.
Meanwhile, Japan continues U.S. trade negotiations, with PM Shigeru Ishiba pushing for a deal that includes the auto sector and the removal of the 25% car tariff.
USD/JPY faces resistance at 148.60, with further levels at 149.80 and 151.20. Major support is seen at 139.70, then 137.00, and 135.00.
Apple: Wave [1] IntactDespite a significant setback, Apple managed to gather new momentum on the upside and continue its work on the green wave . The impulse structure remains intact, and we expect a new high imminently before the next countermovement with wave follows. The stock should not breach the support at $168 to enable wave to initiate the next upward phase. If the price does fall below the $168 mark, our 34% likely alternative scenario will allow for a new low of wave alt.(IV) in blue, though the rise would also continue after this lower low.
"Bearish Reversal Setup with Target at Key Support Zone (95,440 1. EMA Indicators:
50 EMA (red line): Currently at 103,112.73.
200 EMA (blue line): Currently at 98,739.46.
The price is above both EMAs, typically a bullish sign, but the analysis suggests a potential reversal.
2. Support Zone (Top Pink Box):
Around the 105,000–106,000 USD range.
Labeled as "support" but is likely being interpreted as a resistance now due to failure to break higher.
3. Target Zone (Bottom Pink Box):
Around the 95,000–96,000 USD range.
Marked as the "target point" for a potential drop.
4. Bearish Projection:
A curved arrow suggests a rejection from the current levels (~104,000 USD) leading down toward the target zone.
Large blue arrow emphasizes expected bearish momentum.
Interpretation:
The chart suggests a reversal from the recent highs and expects a decline toward the 95,440.94 USD support.
This could be driven by:
Rejection from resistance.
Overbought conditions.
Price losing momentum near the upper level.
Confirmation may be awaited via a break below the 50 EMA or loss of key support.
Strategy Implication:
Short bias if price fails to reclaim the resistance.
Take profit potentially near the 95,440 level.
Invalidation of the bearish scenario may occur on a strong breakout above the resistance zone (~105,700 USD).
PayPal: Upward PressurePYPL has remained under upward pressure, moving significantly closer to the important resistance at $78.86. If the price rises above this level directly, we will have to assume that it has already completed the beige wave alt.II —and thus the overarching corrective movement—with the last notable low. Consequently, in this 45% probable case, the stock would have already entered a new upward cycle, specifically the first wave alt.1 of a turquoise upward impulse. Primarily, however, we expect the stock to imminently reverse downward to complete the regular wave II below the support at $50.18. Only afterward should a new sustainable upward impulse begin—initially driving rises above $94.97.
Momentum Rising – $XRP Bulls Eyeing Next Leg UpCRYPTOCAP:XRP is waking up 🔥
Price has broken out of the long-term downtrend and is now testing the important horizontal resistance area
A clean break above this range might spark the next big move. Volume is on the increase, and the structure is all good
Time to keep an eye on this one 👀
eBay: Resistance Touched!EBAY has managed to fight its way upward as expected, reaching the resistance at $71.51. In the course of the ongoing (corrective) upward movement, the price has now touched this mark for the third time – and once again showed a pullback reaction. Primarily, the stock should rise above the $71.51 level in the next step to complete the beige wave b above it. However, there remains a 27% chance for a new interim low of the magenta wave alt.(X). In this case, the stock would take a detour below the support at $55.96 but would turn upward again above the lower $49.63 mark.
Breakout in Dave Inc...Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. Please consult your financial advisor before taking any trade.
Gold 8H – Probable Scenario Until the End of May 2025Briefly today!
Greetings, let’s take a look at the current situation for gold.
Technically, we can see a classic symmetrical triangle forming on the 8-hour chart, with a support zone established in the 3291–3300 range.
I'm expecting a move towards the 3440–3450 area, followed by a retest and an upward push toward the 3833 level.
Fundamentally, we take into account Trump's policy stance and the ongoing conflict between Pakistan and India.
$BNB Surprised $678 Price Mega Big pumping & Touch to $700+ ✨ CRYPTOCAP:BNB Surprised $678 Price Mega Big pumping & Trying to $700+ Milestone again.
💫 From Breaking News:
• BNB Eyes $700 as CZ Pushes 90% Binance Chain Fee Cut
•Bhutan Partners with Binance Pay and DK Bank to Launch the World’s First National Crypto-Based Tourism Payment System
BNB price surged over 10%, hitting $642.92 after CZ’s 90% BSC gas fee cut proposal.
RSI reached 78.42, confirming strong bullish momentum and overbought conditions.
BNB may test $700 if Binance validators approve the proposed BEP-336 transaction model.
On May 9, Binance Coin (BNB) climbed to $642.92, rising over 10% in 24 hours. The price rally followed a proposal from Binance founder Changpeng Zhao (CZ) to cut gas fees on Binance Smart Chain (BSC) by 90%.
#Write2Earn #bnb #BinanceSquareFamily #MarketRebound #SUBROOFFICIAL
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your own research before making any investment decisions. Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested.
$ETH Surprised $2.4K Price Mega Big pumping & touch to $3K ✨ CRYPTOCAP:ETH Surprised $2.4K Price Mega Big pumping & Trying to $3K Milestone again.
💫 From Breaking News:
• Ethereum Foundation Invests $32.65M in Ecosystem Growth
• Ethereum To Expand Network Capacity with Gas Limit Increase
Ethereum blockchain is preparing for a major upgrade that could make its network faster, cheaper, and more efficient. Developers have proposed raising the gas limit by 66% in a new development, from 36 million to 60 million units.
This change aims to improve the number of transactions the network can handle per block. This is to help users and developers enjoy smoother and more affordable activity on the blockchain.
Developer Says Testing Success Leads to Mainnet Rollout
Ethereum core developer Parithosh Jayanthi recently confirmed that the upgrade had passed early tests and is now ready for broader use. The new gas limit was successfully tested on the Sepolia and Holesky testnets. According to Jayanthi, the final rollout to Ethereum’s mainnet will begin shortly.
This is the second time Ethereum has raised its gas limit in 2025. The first increase happened in February, when the limit increased from 30 million to 36 million. These changes came after there hadn’t been any gas increase on the network since 2021.
#Write2Earn #ETH #BinanceSquareFamily #MarketRebound #SUBROOFFICIAL
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your own research before making any investment decisions. Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested.
XAIUSDT — profit protection, risk management, area of interestXai (XAI) - is a cryptocurrency designed to revolutionize the gaming industry by enabling real economies and open trade within video games. Developed by Offchain Labs, Xai operates on the Arbitrum platform, a layer-2 scaling solution for Ethereum, which enhances its efficiency and scalability.
One of the standout features of Xai is its integration of Explainable AI techniques. These techniques make automated trading bot systems more transparent and trustworthy, addressing a significant concern in the cryptocurrency space. This transparency is crucial for fostering trust among users, particularly in the context of in-game economies where players trade valuable items.
📍 CoinMarketCap: #373
📍 Twitter(X): 308.5K
___________________________________________
🛡️ Risk Management and Approach:
When trading low-liquidity coins , I allocate a specific portion of my portfolio in advance for such trades.
These funds are split across different projects , which allows for diversification and helps mitigate potential scams .
If one coin pair dies — it's not critical , as long as the portfolio is structured properly.
📉 Current Situation:
On the broader view, the price is moving within a large descending channel .
Right now, it's near the outer support of the inner channel.
Since I’ve already allocated funds for this coin, I’ve taken a small entry near the support of the inner channel , and I plan to add more in the lower marked zone .
There’s a high probability of price chop due to news (tariffs, rates, debt ceiling, refinancing), and I take that into account.
💭 General Thoughts:
Diversification is key. You can never rule out the possibility that any project might end up as a scam. But with proper portfolio structure, that’s not a major issue .
There’s nothing to fear if you have a clear plan and tactics for different scenarios.
Like many other coins right now, I see the current accumulation zones as solid .
🔁 Additional Observation:
The recent mass delistings on Binance mainly target projects listed during the 2021–2022 distribution phase.
There’s a chance the exchange is cleaning up future risks , while “fresh” coins listed under the new conditions may stay longer.
📌 This post is not financial advice. It reflects my observations, actions, and logic in managing the position.
1,700% in a day $NXTT from $0.31 to $5.67I've sent out buy alert at $1.50 as soon as I thought was safe enough to get in, even if I watched it before that but at that time volume was still too low and it was halting on both sides too much. It needed some extra time to get safer price action even if it meant missing some of the move, but at the end from $1.50 up to $5.50 is more than enough if you really wanted to milk it all the way.
NASDAQ:NXTT
Take-Two: Keep at It!Take-Two recently hit a new all-time high but quickly pulled back. While the stock tried to recover, it encountered renewed selling pressure. With that all-time high, it came close to the lower edge of our beige Target Zone between $241.59 and $257.87. In our primary scenario, we still expect this zone to be reached as part of the beige wave b. However, there’s a 33% chance the stock will fail to make it there and instead turn lower early—forming a premature corrective low for the blue wave alt.(II) within the blue Target Zone between $107.47 and $46.
Gold Slips Toward $3,290 on Trade OptimismGold extended losses for a third day, dropping toward $3,290 as market appetite for risk improved ahead of U.S.-China trade talks. The announcement of a U.S.-UK trade deal also contributed to reduced safe-haven demand. The Fed held rates steady as expected, warning of risks to inflation and jobs but avoiding any hint of preemptive cuts. Still, gold is poised for a weekly gain.
Resistance is seen at $3,360, $3,430, and $3,500, while support holds at $3,270, $3,200, and $3,165.
Pound Steadies with Trade Deal ReliefThe GBP/USD pair opened Thursday with gains following the Bank of England’s expected 25 basis point rate cut, but the pound’s momentum faded as attention turned to U.S. trade developments. By Friday morning, the pair was trading around 1.3240.
Sentiment shifted toward the U.S. dollar after the Trump administration announced an upcoming trade deal with the UK, helping Britain avoid steep reciprocal tariffs originally set to resume on July 9. While some relief came from Trump’s earlier ‘Liberation Day’ delay, a broad 10% tariff on all UK imports to the U.S. remains on track, potentially weighing on sentiment. Refined ethanol has been fully exempted, though U.S. import data shows none has been sourced from the UK in over 15 years.
If GBP/USD breaks above 1.3280, resistance levels come in at 1.3450 and 1.3550. Support lies at 1.3160, followed by 1.3000 and 1.2960.
Euro Nears 1.1230 on Cautious ECBEUR/USD edged up to 1.1230 in Friday’s Asian session, paring earlier losses caused by stronger U.S. data and easing trade tensions that supported the dollar. The euro remains under pressure as markets price in possible ECB rate cuts by June, though officials maintain confidence in inflation reaching the 2% target by year-end.
The pair faces resistance at 1.1260, with further upside capped near 1.1460 and 1.1580. On the downside, support is seen at 1.1150, followed by 1.1100 and 1.1050.
Yen Falls Past 145 as Dollar StrengthensThe Japanese yen weakened past 145 per dollar, hovering near a one-month low as the U.S. dollar strengthened with improving global trade sentiment and diminishing expectations of near-term U.S. rate cuts. The greenback gained momentum after President Trump announced a preliminary trade deal with the UK, the first since broad U.S. tariffs were introduced last month. He also signaled that tariffs on China could be eased, depending on the outcome of high-level trade talks set for this weekend in Switzerland.
Adding pressure on the yen, Fed Chair Powell dismissed the idea of a preemptive rate cut, citing persistent inflation risks and labor market concerns. In Japan, personal spending rose more than expected in March, suggesting resilience in consumption, though a third straight monthly drop in real wages highlighted broader economic challenges.
Resistance stands at 145.90, with further levels at 146.75 and 149.80. Support is found at 139.70, then 137.00 and 135.00.
Electronic Arts: Jump!Recently, EA has made a strong upward jump, coming very close to the significant resistance at $169.82. However, the price quickly fell again, providing us with sufficient confirmation to consider the magenta wave (2) as completed. The current wave (3) should extend below the support at $114.60, and the subsequent wave (4) countermovement should also occur below this mark. With the final wave (5) of the magenta downtrend impulse, the larger green wave should then be completed. On the other hand, we see a 40% chance that EA has already completed the green wave alt. at $114.60 and will directly rise above the resistance at $169.82 during the beige wave alt. V .
$BTC Finally $100K Surprised and Take Profit Done✨ CRYPTOCAP:BTC Surprise Finally Touch $100K Milestone again, All Take Profit and bonus Done.
💫 From Breaking News:
• Arizona Bitcoin Bill: Crucial SB 1373 Advances for State Bitcoin Reserve
• New Hampshire Becomes First to Approve Bitcoin Reserve—Will Other States Follow?
First introduced in January, HB 302, gives officials the ability to allocate state funds to both precious metals, and specific digital assets with a market capitalization of over $500 billion. That means Bitcoin, which, as of this writing, has a market cap of roughly $1.9 trillion per TradingView, is a prime candidate.
The newly enacted law states that any digital assets obtained must be kept using high security custody protocols. This can be done directly in a state managed multisignature wallet, via a qualified financial institution custody, or by investment in U.S. regulated exchange traded products (ETPs). Dennis Porter, CEO and Co-Founder of Satoshi Action, said:
“Satoshi Action drafted the model, New Hampshire engraved it into law, and now every treasurer nationwide can follow that roadmap. HB 302 proves you can protect taxpayer money, diversify reserves, and future-proof state treasuries all while embracing the most secure monetary network on Earth. New Hampshire didn’t just pass a bill; it sparked a movement.”
#Write2Earn #BTC #BinanceSquareFamily #MarketRebound #SUBROOFFICIAL
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your own research before making any investment decisions. Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested.