#DOGEUSDT: Targeting $2 By End Of The Year| Comment Your Views|DOGEUSDT stands as one of the most significant cryptocurrency pairs, yet its price has experienced substantial consolidation within a defined range, presenting challenges for trading and investment. However, we posit that the current price juncture holds the potential for a reversal, and we anticipate that by the end of the year, DOGEUSDT will reach approximately $2. In the interim, we recommend targeting smaller price ranges rather than aiming for $2, which may require months or even years to attain.
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Chart Patterns
GBPUSD Analysis Today: Technical and Order Flow !In this video I will be sharing my GBPUSD analysis today, by providing my complete technical and order flow analysis, so you can watch it to possibly improve your forex trading skillset. The video is structured in 3 parts, first I will be performing my complete technical analysis, then I will be moving to the COT data analysis, so how the big payers in market are moving their orders, and to do this I will be using my customized proprietary software and then I will be putting together these two different types of analysis.
ETH - Long Anyway, Short-term and Long-term!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈ETH has been overall bullish trading within the rising blue channel from a long-term perspective and within the rising red channel from a short-term perspective.
Moreover, the red and blue zones are strong support and structure!
🏹 Thus, the highlighted blue and red circles are strong areas to look for buy setups as it is the intersection of the lower zone(s) and trendline(s).
📚 As per my trading style:
As #ETH approaches one of the circles, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Bearish drop off pullback resistance?GBP/USD has rejected off the pivot and could drop to the 1st support, which aligns with the 127.2% Fibonacci extension.
Pivot: 0.6446
1st Support: 0.6358
1st Resistance: 0.6538
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Smart Trade Insight – XAU/USD Technical BreakdownKey Levels & Technical Zones:
🔹 Resistance Zone (🔼 SELL Area):
📌 3,315 – 3,340
This area has been tested and rejected multiple times, as highlighted by the strong bearish wicks. The recent price action failed to break above it, triggering short interest.
🔹 Minor Support Zone:
📌 Around 3,243
Acted as intraday bounce area previously, now likely to offer weak support in the coming move down.
🔹 Major Demand Zone (💚 BUY Interest Zone):
📌 3,120 – 3,140
Labelled as "BEST SUPPORT DEMANDING ZONE" – historical demand visible with strong bounce history. Ideal for monitoring bullish reversal opportunities.
📈 EMA Levels:
🔴 50 EMA: 3,299
🔵 200 EMA: 3,254
Current price action is hovering near the EMAs. The rejection at the resistance while below the 50 EMA indicates weakening bullish momentum.
🔍 Market Structure Overview:
The double-top formation near the resistance shows exhaustion in buying.
Lower highs forming → structure turning bearish short-term.
Solid rejection confirms that this is a valid zone to initiate short positions 🛑📉.
📉 Forecast Path:
🔮 Projected Move:
Price is expected to break below minor support at 3,243.
Intermediate target: 3,206, then 3,167 🟠.
Final destination: Demand Zone at 3,120 – 3,140 🟩 for potential bounce 📈.
💬 "Market not break the resistance level and rejected solid — this is a good entry for short-term sell trades." ✅
✅ Trade Idea Summary:
🟥 Bias: Short
🎯 TP Targets: 3,206 → 3,167 → 3,122
📉 SL Suggestion: Above 3,340 resistance zone
🧭 Risk-Reward Setup: Favorable for short-term traders
UNH: Why I Believe This Is a Dead Cat Bounce(Late posting)We’ve seen a quite the abounce in the market as of lately, but I believe it’s not a real recovery. To me, this looks like a classic dead cat bounce; a quick move up that happens during a downtrend before prices drop again. I’ll explain why I think this is the case, kind of a simple one.
First of all, the grand picture in the economy still looks fairly negative, especially respecting the TRUMP TARIFF new. Inflation hasn’t fully gone away, interest rates are still high, and consumer confidence is weak. There’s no major change in the news or the fundamentals that would support a strong comeback. It feels like people are just hoping things will improve, but the facts don’t really support that yet.
Second, the volume on this bounce has been low. In trading, volume tells you how strong a move is. If the price goes up but not many people are trading, it usually means there’s not much real buying happening. This bounce seems to be driven more by short sellers covering their positions, not by confident investors jumping in.
Third, we’re hitting key resistance levels—areas where the price dropped before—and we’re starting to see signs of rejection again. These levels are often hard to break through unless the market has strong momentum, and right now it doesn’t look like that’s the case.
Fourth, if you look at indicators like the RSI and MACD, they show that the price is already overbought. That means the recent move up may have gone too far, too fast. These kinds of readings usually lead to a pullback, especially when the bigger trend is still down.
Finally, the overall structure of the chart hasn’t changed. We’re still making lower highs and lower lows, which is what a downtrend looks like. Just because we’ve had a few green candles doesn’t mean the trend has reversed. Until we see the market start building a base and making new highs with strong support, I don’t think this bounce will last.
I n my opinion, this is one of those moments where people might get too excited too quickly. A lot of traders jump in thinking the bottom is in, only to get caught when the price turns back down. That’s why I’m staying cautious and watching for signs that the bounce is
failing.
I could be wrong, but right now, this feels more like a trap than a turning point.
BITCOIN Desperately needs that weekly closing!Bitcoin (BTCUSD) broke last week above its January Resistance, effectively making a new All Time High (ATH). Technically, within BTC's dominant 2.5-year Channel Up, that is not enough to generate a bullish extension on its own and the reason is that a 1W candle closing above the Resistance level is needed and not just a break.
At least that's what happened during the last two Bullish Legs, where it required a convincing 1W candle close considerably above the Resistance, to confirm the Bullish Extension. In fact the break-out candles on both previous Bullish Legs is fairly identical.
The minimum % rise on the pattern's three Bullish Legs has been +96.75% with the others not falling way off that range (+98.74% and +106.94%). As a result, the bare minimum Target we can be expecting, in the event of a 1W candle closing above the $109500 Resistance, is $147000.
Do you think that' within the market's immediate reach? Feel free to let us know in the comments section below!
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Bullish Altcoins: Bitcoin Dominance In Correction ModeHere BTC.D is still moving within a classic ABC correction. The peak happened 7-May. After 14-May there was a bounce but this bounce ended in a lower high. The correction is not over.
As this index moves lower, the Altcoins market will grow.
When Bitcoin turns sideways, retraces or consolidates, it is an opportunity for the smaller Altcoins to move forward. This is the scenario we are entering right now.
» Bitcoin sideways. Altcoins bullish. Long-term growth.
The 2025 bull market is only starting now. Prepare for growth until late 2025 or beyond (early 2026).
Namaste.
Gold Holding Pattern – Key Resistance AheadHey, friends
On the 4-hour time frame, TVC:XAU is forming a symmetrical triangle pattern, but we haven’t seen any breakout yet, we’re still trading inside the triangle.
If we look at the LTF, we’re currently at the 0.236 FIB level, which isn’t a very strong buying zone, but technically, we’ve broken out of a falling wedge and are now retesting it.
That looks pretty good, and if this setup plays out well, we could see an upward move toward $3,470.
However, there’s a strong resistance around $3,350 to $3,370 that we need to break first. If we break that, it will also confirm the breakout of the symmetrical triangle from the 4-hour chart.
So keep an eye on those areas!
#GOLD #forextrading
USDCAD Makes Retest At 200 EMA After Bull Trap BreakoutOANDA:USDCAD here on the 1Hr Chart has printed an Ascending Channel and Bears have made a Breakout!
Price currently looks to be on its way to retesting the Breakout of the Channel with the 200 EMA and Upper Bollinger Bands sitting at the Rising Support adding some heavy Bearish Pressure.
Fundamentally, BOC will be releasing GDP m/m ( Gross Domestic Product ) numbers tomorrow morning at 0730 AM CST with analysts forecasting a .3% Increase at .1% with Previous being -0.2%.
Gold volatility intensifies before PCE data is released!
On Friday (May 30), gold continued to fall to $3,293. The focus of the day is the US PCE data, which may cause large fluctuations. In the morning, gold prices were under pressure at the 3,300 mark as the US dollar rebounded slightly - gold is negatively correlated with the US dollar, and a stronger US dollar suppresses demand. However, gold prices are still above this week's low, showing strong support. Fed policy and trade uncertainty dominate the market. On Thursday, the US Court of Appeals restored Trump-era tariff measures, exacerbating trade concerns and supporting gold prices. Several Fed officials said that if inflation falls, interest rates may be cut twice this year. Although the FOMC minutes show a wait-and-see attitude, the market still expects a rate cut - this uncertainty provides medium- and long-term support for gold.
The 1-hour gold chart shows that today's monthly, weekly and daily lines closed at the same time, and market volatility may increase after the release of PCE data. From a technical perspective, the situation of fierce competition between long and short positions requires the risk of a correction. In terms of operation, it is recommended to adopt a long-on-dip strategy, focusing on buying opportunities after a correction. The resistance level is 3335-3345, and the support level is 3280-3270. The specific suggestion is to consider placing long orders when the callback reaches 3280-3285 and stabilizes. This range deserves special attention.
Operation strategy:
Gold is recommended to buy in the callback to 3280-3285 area, with the target at 3310-3330, and hold if it breaks
GOLD 4H CHART ROUTE MAP UPDATEHey Everyone,
Great way to wrap up the week! We saw quite a bit of sideways ranging movement between our levels, and our 1H chart idea played out nicely throughout the week, and now we end the week with our 4H chart update.
As anticipated, the 4H chart followed through perfectly with our bearish target at 3312 hit first, followed by EMA5 cross and lock, which opened the Retracement Range. This range was reached with precision, and the absence of any further cross and lock confirmed strong support, leading to a bounce back to 3312, just as we expected in our buy the dip strategy.
We’ll be back on Sunday with our multi-timeframe analysis and trading plans for the week ahead. Thanks again for all your likes, comments, and follows.
Wishing you all a fantastic weekend!!
MR GOLD
AUDCAD → Support retest. False breakdown?FX:AUDCAD is within the range. The price is heading towards support within the local distribution. There may not be enough potential for a breakdown of support...
Against the backdrop of the strengthening Canadian dollar, the currency pair is ready to test consolidation support. The price has no clear trend, consolidation is forming in the range of 0.891 - 0.885. The price is heading towards support, there is no pre-breakout base, the level is quite strong and the distribution may end with a false breakdown and a rebound...
Support levels: 0.8858
Resistance levels: 0.8878, 0.8897
Below the level of 0.8858, there is a fairly large liquidity reserve, and there is no global trend, which means a neutral situation. Retesting the support zone after a sharp decline may end in a false maneuver and growth.
Best regards, R. Linda!
Bitcoin – Entering a distribution phase after a bull trap?Since the second week of May, Bitcoin (BTC) has exhibited a textbook accumulation phase, with a well-defined trading range forming just below the previous all-time high. Beginning around May 12, price action became increasingly compressed, marked by a series of higher lows and relatively flat resistance, indicating growing demand and waning selling pressure. This consolidation structure persisted for more than a week, suggesting that larger players were accumulating positions in anticipation of a breakout. Now it could be making the Power of 3. Accumulation, manipulation and distribution.
Accumulation, manipulation and distribution
Eventually, this coiled energy resolved to the upside. BTC broke through the upper boundary of the accumulation zone with increasing volume and momentum, triggering a sharp rally and leading to the formation of a new all-time high. At that point, market sentiment turned decidedly bullish, with breakout traders entering the market, expecting continuation. However, the price failed to sustain above the previous ATH for long. Despite the breakout’s initial strength, Bitcoin was unable to establish a solid foothold above the critical psychological and technical level, which has now proven to be a key inflection point.
Soon after setting a new high, BTC began to reverse, shedding gains and retracing back below the former resistance level, which had temporarily acted as support. The breakdown below the $106,000 mark, previously the ceiling of the accumulation range, signaled a notable shift in market structure. What was initially viewed as a healthy continuation pattern evolved into what now appears to be a classic bull trap. This type of failed breakout often leaves market participants vulnerable, as late buyers are caught in drawdowns and early longs may be incentivized to exit positions.
Given this context, the recent price action carries the hallmarks of a Power of 3, where market makers and institutions may be offloading positions to less informed participants. This phase is often mistaken for continued accumulation by retail traders due to its structural similarity; however, the key difference lies in the failure to maintain new highs and the emergence of lower highs on any attempted bounce. The rejection above the ATH and the subsequent breakdown below $106K has introduced significant overhead supply, which may act as resistance in the near term.
Target levels
As BTC continues to trade below this critical level, the likelihood of a further retracement grows. The market appears to be transitioning into a phase of redistribution or distribution proper, where price is likely to be capped on rallies and pressured lower over time. It is reasonable to expect that Bitcoin could revisit $100.000 to mid-$90,000s, an area that may serve as a magnet for liquidity and a potential staging ground for the next major move. This region could represent a "Last Point of Supply" (LPSY) within the Wyckoff framework, typically the final area where smart money distributes before initiating a more decisive markdown phase.
Nevertheless, this potential pullback should not be viewed solely as a sign of weakness. In many bull cycles, such corrections and shakeouts serve to flush out over-leveraged positions and reset sentiment, ultimately laying the groundwork for renewed upward momentum. Should BTC find stability and demand re-emerge in the $95K–$100K range, it could mark the beginning of a new re-accumulation phase, leading to a healthier and more sustainable advance.
Conclusion
In summary, the recent breakout above ATH followed by a sharp reversal and loss of key support paints a cautionary picture in the short term. Bitcoin may currently be navigating a distribution zone, with downside pressure likely to persist as the market digests recent gains. However, such corrections are typical in broader uptrends and often present opportunities for strategic entries once the next accumulation structure becomes clear. Patience and disciplined observation will be essential as the market defines its next directional bias.
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BTC will rise!
On the daily chart, Bitcoin has maintained a bullish structure despite a pullback from the $112,000 level. The support range near $106,000 to $107,000 is solid, showing sustained buying pressure. The low volume of the latest red candle shows a lack of seller confidence, reinforcing the underlying bullish sentiment. The key resistance level remains at the local high of $112,000, and a break above this resistance level with significant volume would indicate the start of a new uptrend. The accumulation near $107,000, if sustained, could provide a favorable entry point for a long-term layout.
Bitcoin’s 1-hour chart shows a mixed range-bound environment with a slight upward bias. Price action has repeatedly found support near $108,000 and encountered resistance near $110,000, highlighting the market’s hesitation. Volume remains light, suggesting a potential pause before a larger directional move. There are scalping opportunities for day traders between $108,000 and $110,000. Closely monitoring the price action around these levels can inform short-term trading decisions.
Technical oscillators are providing mixed signals, reflecting the tentative posture of the market. Among these oscillators, the relative strength index (RSI) at 65, the stochastics at 73, the commodity channel index (CCI) at 79, the average directional index (ADX) at 31, and the Awesome oscillator are all showing neutral readings. However, the momentum at 2,545 and the moving average convergence/divergence (MACD) level at 3,510 both indicate selling pressure. These divergences indicate weakening upside momentum, reinforcing the importance of support holding.
On the contrary, the moving averages are showing mostly bullish conditions across the periods. The exponential moving averages (EMA) and simple moving averages (SMA) of 10, 20, 30, 50, 100, and 200 periods are all suggesting bullish conditions. For instance, the 10-period EMA and SMA at $108,082 and $108,561, respectively, are below the current price, providing immediate support. The long-term 200-period EMA at $90,251 and SMA at $94,466 further solidify the bullish foundation. As long as Bitcoin remains above its short-term moving averages, bullish sentiment is likely to prevail.
Bitcoin’s price structure remains solid above a critical support zone, with all moving averages pointing upwards and a sustained buying interest around $107,000. As long as $106,000 holds and the price reclaims $110,000 on volume, a bullish continuation towards or above $112,000 is likely.
BTCUSD zooming inUpon close analysis of BTC corrections, it appears that the price is moving in a series of three-wave structures to the downside. We may currently be near a bottom, possibly completing a WXY corrective pattern. However, there is still the potential for one more up-and-down movement before a breakout to the upside, marking the start of the final Wave 5 toward a new all-time high (ATH) in the 113–115 range.
These 4–5% corrective structures can be challenging to trade. It may be more prudent to wait for a clearer signal—such as a breakout above the top trendline or the completion of a five-wave decline within the current structure—before entering a position.
Monero completes 8-YEAR Wycoff Re-accumulation Range $XMR #XMRThis 8-year range for OMXSTO:XMR has followed the Wycoff re-accumulation pattern to a tee. Insane possibility heres for the log timeframe. Monero is quite a few years behind bitcoins chart, with a 1% yearly inflation rather than halvenings anymore; however, the fixed supply of Monero will experience the exponential growth that Bitcoin has seen, and monero has gotten a taste of. 4 digits soon enough, 5 digits someday.
GOLD GOLD ,gold trading is simple with demand and supply strategy, the scalper potential to scale is high and have more winnings than losses.
trade the direction of capital or liquidity instead of predicting it,mejority of my bad trades came from predicting the market.
since i started following the market is made simple.
NZDUSD poised to break out after 38 days stuckNZDUSD is forming a key pattern after 38 days of consolidation. Whether it’s an inverse head and shoulders or an ascending triangle, a break above 0.6030 could trigger a big move. Learn how to trade it.
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Market next move ⚠️ 1. Weak Bullish Continuation Signal
The current price action shows a rejection wick on a red candle, signaling selling pressure near the recent highs.
Despite the upward move earlier, this could be a short-term exhaustion rather than strength for further upside.
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📉 2. No Follow-Through After Bullish Spike
There was a strong bullish candle earlier, but:
No significant follow-up to break past that level convincingly.
Price appears to have stalled or even reversed after that spike — possibly forming a bull trap.
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🔄 3. Overhead Resistance at Target Area
The "TARGET" label sits near recent highs, which have already been rejected once.
Without clear breakout volume, this zone might act as resistance, not a logical next stop.