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NOT A GOOD TIME TO BUY 4007If you have a look at the chart, you'll see that the price started going higher and higher since Dec 2024, grabbed the liquidities we have at 41.80 and 44.35, to give us a confirmation of a reversal right on the liquidity at 44.35. Today the price grabbed the LQ we have at 41.80, and it will keep pushing down to 37.90 before giving us an entry to take. For now, if you still haven't bought, you just wait. And if you already holding any shares, you can tell me in the comment section your entry so I can give you some help in your situation. Follow for more!
TADAWUL:4007Short
by YassineAnalysis
U.S. Tariffs Incoming: What’s Next for Gold?Trump's planned tariffs on imports from Mexico and Canada, set to take effect on March 4, along with an additional 10% levy on Chinese products, have heightened concerns about potential countermeasures and escalating trade tensions. As a result, during Monday’s Asian trading session, gold prices surged, as these policies strengthened demand for gold, which is traditionally seen as a hedge against rising costs. From a technical analysis perspective, the overall trend of the MARKETSCOM:GOLD has been bullish, as indicated by the formation of higher highs and higher lows. However, bearish pressure regained control last week, driving the price downward with significant bearish momentum. The previous candlestick experienced a liquidity sweep and rebounded, managed to close within the swap zone. Currently, the price is moving within the swap zone of 2854 - 2877. If it manages to close above this level, there is a high probability that the bullish trend will continue, leading to a retest of the previous high. Conversely, if the price fails to hold support within the swap zone, it will indicate that bearish forces have taken control, increasing the likelihood of further downward movement. Therefore, this is a critical level to monitor, as a breakout in either direction will likely determine the trend for the week.
MARKETSCOM:GOLD
by Marketscom
XRP/USD Short Trade Setup Analysis (9H Timeframe - Bitstamp)🔹 Current Setup: 📈 XRP experienced a strong move down from our previous entry at 2.84. Currently XRP has broken through and entered the middle parallel channels whilst respecting and testing their boundaries, verifying the channels validity as a true trading range thus far. At this moment we can see that XRP has broken down to the middle channel, breaking through the median/equilibrium line before now returning up to test the middle channels resistance level. 🔹Price appears to be respecting the level so far ($2.25), with early signs showing a potential break down from this level. 📉 Given our previous entry at 2.84 which remains open, we can now enter a new position here, upon touch of the middle channels upper resistance level. We want to use a tight stop loss, and a smaller amount of margin for this one, given that price is between higher timeframe support and resistance levels. We can see that the most recent high, formed via a candle wick sits at 2.361, so our stoploss should be placed just slightly above this level around 2.38 at which point if hit, would invalidate this trade. 🎯 This allows us to target our new level of 1.52, updated from Februarys 1.4 target identified by the -0.272 fib extension, and a monthly dynamic support.🎯 Previous Trade: Current Outlook: Risk/Reward = 1:6.6 📍 Key Resistance Levels (Potential Rejection Zones): - 🎯 $2.25 (Middle channels upper resistance) - 📍 Key Support Levels: - ❗ $2.10 (0.23 Fib retracement) - 🔻 $1.76 (100 Fib retracement) - 📉 Deeper Target: $1.52 - $1.40 XRP (Projected based on Fibonacci extensions, channel breakdown & monthly dynamic support) 📈 Bullish Scenario (Breakout Play) - 🟢 Entry: If price breaks above $2.38, our stop will be hit and we should also close our original short from 2.84. ✅ Justification: - 🔹 If price breaks and holds above $2.38, the bearish structure could be invalidated and price would find itself back within the higher parallel channels range. At this point it would be advised to close all positions and wait for confirmation in direction. 📉 Bearish Scenario (Primary Expectation) - ❌ Invalidation Level: Above $2.38 - 🔻 Downside Targets: - $2.10: 0.236 Fibonacci retracement - $1.76: 100 Fibonacci retracement - $1.52: Monthly dynamic support - $1.36 - $1.40 XRP: Final bearish target (0.272 Fib extension & channel bottom) ✅ Justification: - ❗ Price remains within a descending channel, signaling a continuation of the downtrend. - ❗ The ETF-driven pump appears to be a liquidity grab, leading to a likely reversal. - ❗ A rejection from $2.35 / the middle channels upper resistance, it would confirm bearish continuation, targeting the lower support zones. - ❗ Bitcoin still needs to come lower to test support, therefore, XRP is likely to fall further due to Bitcoins directing the broader market. ⚡ Key Takeaways: - 🔹 XRP is facing parallel channel resistance at $2.25, a likely rejection zone. - 🔹 A breakdown below $2.00 increases bearish pressure, targeting $1.52 XRP. - 🔹 Bearish bias remains unless price breaks & holds above $3.21. - 🔹 Expect price to follow the descending channel structure toward $1.52 - $1.40.
BITSTAMP:XRPUSDShort
by Who-Is-Caerus
This setup looks very bullish! This chart shows a bullish inverse head and shoulders pattern, which is a strong reversal signal. Here's a breakdown of the analysis: Key Observations: Inverse Head and Shoulders: The chart highlights an inverse head and shoulders pattern, a well-known bullish reversal pattern. The price is currently testing the neckline (resistance zone). A breakout above this level would confirm bullish momentum. Order Block (OB) and Invalid FVG: The price is currently at an order block (OB), a strong supply and demand zone. There is also an invalid fair value gap (FVG), which may act as additional support if a retest occurs. Bullish Path Projection: The red projected path suggests a pullback to the neckline (previous resistance turning into support) before a strong rally upward. The ultimate target looks to be around $100K+, based on the pattern breakout projection. Conclusion: If BTC breaks and holds above the neckline (~$86K), expect a strong bullish rally. A retest of the neckline before pushing higher is likely. If BTC fails to break out, there could be a temporary retracement before another attempt. Trade Idea: Entry: On a successful retest of the neckline (~$85.8K–$86K). Target: $100K+ (long-term). Invalidation: If BTC falls below $84K, the pattern is invalidated. This setup looks very bullish!
COINBASE:BTCUSDLong
by AndyFrenzy
#ALICE/USDT#ALICE The price is moving in a descending channel on the 1-hour frame and is adhering to it well and is heading to break it strongly upwards and retest it We have a bounce from the lower limit of the descending channel, this support is at a price of 0.615 We have a downtrend on the RSI indicator that is about to break and retest, which supports the rise We have a trend to stabilize above the moving average 100 Entry price 0635 First target 0.646 Second target 0.660 Third target 0.680
Long
by CryptoAnalystSignal
BTCUSD: Deep 4 or a shallow 2?The recent crash has everyone running for the hills. People forget Bitcoin is not up everyday and it also doesn't stay down forever. With the amount of selling, it is time for a bounce in the upcoming week or two. At that time, we need to see if the bounce happens in 3 waves or 5. If we see a 3 waves move, then the selling will most likely get more intense. For an intermediate degree wave 2, price needs to correct everything since Nov 2022 low at 15.6k. That is a massive distance to cover. Just minimum .764 retrace will take the price down to below 70 k and .618 retrace will take it at 50 k. At this price level, I am still not calling wave 2. Even it looks quite deep and steep for wave 4, it is not unheard of. So, until 73 k breaks, i am keeping my count, but the top target will come down between 118k - 136k. Let's see how things progress in the next few weeks.
BITSTAMP:BTCUSD
by mukit1
#PYR/USDT#PYR The price is moving in a descending channel on the 1-hour frame and is adhering to it well and is heading to break it upwards strongly and retest it We have a bounce from the lower limit of the descending channel, this support is at a price of 1.72 We have a downtrend on the RSI indicator that is about to be broken and retested, which supports the rise We have a trend to stabilize above the moving average 100 Entry price 1.73 First target 1.80 Second target 1.85 Third target 1.19
Long
by CryptoAnalystSignal
#GLMR/USDT#GLMR The price is moving in a descending channel on the 1-hour frame and is adhering to it well and is heading to break it strongly upwards and retest it We have a bounce from the lower limit of the descending channel, this support is at a price of 0.1130 We have a downtrend on the RSI indicator that is about to break and retest, which supports the rise We have a trend to stabilize above the moving average 100 Entry price 0.1152 First target 0.1180 Second target 0.1212 Third target 0.1244
Long
by CryptoAnalystSignal
GBP/USD March 2025 Technical Outlook: Bearish Pressure below 200What do you think about GBPUSD It has broke the trend and in my observation it will be more downward **Trend Direction (EMA 200):** - The price (1.25756) is trading **below** the 200-period Exponential Moving Average (EMA), suggesting a **bearish bias**. The EMA likely acts as dynamic resistance near 1.26131 or higher, reinforcing the downtrend. **Critical Levels:** - **Resistance Levels:** - Immediate: **1.26131** (likely the 200 EMA level). - Stronger: **1.2689** (key swing high). - **Support Levels:** - Near-term: **1.25000** (psychological round number). - Lower: **1.24215** and **1.24000** (next targets if bearish momentum continues).
Short
by KingProTrader
$RIOT to Lead Bitcoin Miners Higher in March ($11+ Price Target)Riot Platforms NASDAQ:RIOT is a stock that I've held common shares of since 2017, and as of now, it's also the largest call options position in the WAVE$ Portfolio. 🔥🥇 I think that NASDAQ:RIOT will re-test that line of broken support as new resistance (orange) by the 21st of March. My money is where my mouth is. 💰🎯 The macro economic backdrop favors CRYPTOCAP:BTC far more than equities at the moment (in my view), and I think that miners like NASDAQ:RIOT and NASDAQ:MARA can act as diamonds in the rough even if the major indices ( AMEX:SPY NASDAQ:QQQ ) struggle. 👑💎⛏️ Let's keep this momentum alive team! 🌊🌊🏆 -Royce
NASDAQ:RIOTLong
by roycejakob
2
EOSUSDT Buy opportunityEOSUSDT has completed Wave 2 within the current impulse wave cycle, positioning the market for a potential Wave 3 expansion, typically the strongest in an Elliott Wave sequence. The weekly timeframe RSI exhibits bullish divergence, indicating weakening bearish momentum and a possible shift in trend structure. Price is currently trading within a key accumulation zone, aligning with previous demand levels and Fibonacci retracement confluence. A sustained breakout from this region would confirm the initiation of Wave 3, targeting the projected Fibonacci extension levels. Profit-taking zones are outlined on the chart, with mid-term resistance areas acting as potential reaction points. A failure to hold the accumulation zone may signal further corrective movement before a larger expansion.
by weslad
2