GOLD The Target Is UP! BUY!
My dear friends,
GOLD looks like it will make a good move, and here are the details:
The market is trading on 2741.6 pivot level.
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 2748.8
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
Chart Patterns
AIXBT/USDT 1H: Bulls Poised for a Move Toward $0.80 !AIXBT/USDT 1H Chart Analysis (SMC Methodology)
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Current Price: $0.71-$0.72
Market Structure:
Consolidating in a tight range.
RSI: Neutral momentum at 50.73, indicating balance with potential for upward breakout.
Discount Zone: Established at $0.60-$0.62.
Smart Money Analysis:
Multiple Order Blocks (OB): Visible around $0.74-$0.76.
Fair Value Gap (FVG): Present at $0.78-$0.80, acting as a target zone.
No clear divergences currently, but accumulation is evident.
Trade Setup (Confidence Level: 7.5/10):
Entry Zone: $0.70-$0.71 (current range low).
Targets:
T1: $0.76 (Order Block).
T2: $0.80 (FVG fill).
Stop Loss: Below $0.68 (recent swing low).
Risk/Reward Ratio: Favorable at 1:3.
Market Maker Intent:
Accumulation pattern with higher lows indicates preparation for upward movement.
Liquidity likely targeted above $0.80, aligning with FVG zone.
Transition from distribution to accumulation phase observed.
Recommendation:
Long position recommended within $0.70-$0.71, but wait for confirmation of bounce from support.
Monitor volume for breakout strength toward $0.76 and $0.80.
Maintain tight risk management due to consolidation phase.
Confidence Level: 7.5/10 for bullish breakout.
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Could Solana break $250 and bring massive returns now?Hello and greetings to all the crypto enthusiasts, ✌
In several of my previous analyses, I have accurately identified and hit all of the gain targets. In this analysis, I aim to provide you with a comprehensive overview of the future price potential for Solana , 📚🎇
We are currently navigating through a descending trend, and to unlock further upward potential, we will need to see an influx of new volume. Our primary objective remains to drive the price higher, with an expected minimum increase of 34% for Solana. However, prior to this upward move, we are likely to witness several red candles, indicating continued downward pressure. 📚💡
These corrective movements are expected to persist until they reach our key daily support level. Once this support is tested and confirmed, we anticipate a shift in momentum. This will provide the foundation for a potential price surge. In essence, while some bearish action is expected, the longer-term outlook remains bullish. 📚🙌
🧨 Our team's main opinion is: 🧨
We’re in a downtrend for now, but need more volume for a 34% rise in Solana, though we’ll see some red candles until the daily support level holds.
Give me some energy !!
✨We invest countless hours researching opportunities and crafting valuable ideas. Your support means the world to us! If you have any questions, feel free to drop them in the comment box.
Cheers, Mad Whale. 🐋
DXY Possible Daily Formation?This may just be a massive rationalization but let me know what your thoughts are please.
I feel that maybe this is a very sideways H&S, with NFP data earlier today price shot higher into a big daily resistance, thus making me feel it will reject and complete this pattern. Unless of course it continues to break ceilings, then we can give the dollar a new name. Bitcoin.
This is not an idea for marking TPs and SLs i am just curious if fellow traders could see this as a possibility.
Feedback greatly appreciated. Preferably kind feedback lol. Ive noticed trading view minds and ideas are quite aggressive and condescending at times in the replies to others ideas.
Closing my Selling orders at 120 pipsXAUUSD Closing my sell orders at 130 pips profit at weekly candle closing.
As discussed throughout my yesterday's and Today's commentary.
I have engaged selling order at 2782 and my optimal Target was 2768 and in extension 2763 as i closed my first attempt at 2774
Also i have closed my re-sell order ($2783-2782) on a fine 70 pips at 2774.
New Rally Will Come Earlier in Feb ! Lets Begin our New Journey As you heard about Trump's New Commands about Crypto Market and if BTC point of view goes as a Gold for treasury, LTC will Gain So much for transferring BTCs of ETF and Governments, cause it is one of chippiest network for transferring Bitcoin in least amount of time.
Sperax — Bullish Since Late 2023: 1860% Growth PotentialSPAUSDT (Sperax) produced an All-Time Low in September 2023, it has been growing since.
The latest low was a higher low and this one came in August 2024, almost a year after the ATL. This is a strong higher low and we currently have a resumption of the bullish trend.
We have a widening rising channel, all signals are green.
This is a pair that already moved strong but has more to give.
SPAUSDT has grown by 975% since its September 2023 low. In the coming months, this pair can enter full-blown bullish mode. This means a new bullish wave, a strong advance, and this advance can produce easily 650% profits or even 1,860% or more.
This is another hidden gem. I will continue to share more.
Namaste.
XAU/USD Gold Spot Analysis In My Analysis of XAU/USD (Gold Spot vs. U.S. Dollar) on a 4-hour timeframe, The trend is with a series of higher highs and higher lows,a strong upward trend in the market.
Current Price 2777
Date/23/Jan/2025
Key features:
1. Higher Highs : These are marked along the price peaks, showing consistent upward momentum.
2. Higher Lows: These confirm a bullish trend as the retracement points are progressively higher.
3. Support Levels: Multiple red zones indicate areas where the price has historically found support during pullbacks.
4. All-Time High: The chart identifies the current price nearing or reaching an all-time high.
5. Trend Channel: A diagonal upward channel shows the overall bullish structure.
Must use risk-reward tool (green and red zones) to indicate potential profit and loss scenarios for trades aligned with the trend.
NOTE: This Analysis For Educational Purposes Only don't Consider it trading Advice
Guy's Support Me And Share Your Thoughts In Comments Section
Shiro Neko: Possible to Reach 5B in FebruaryShiro Neko is about to cut two zeros soon! On the MEXC chart, we can see the token approaching the next structure within the Keltner channel. In the coming days, we might witness the highly anticipated surge of Shiro, with the potential to reach a $2 billion market cap, as outlined in the project's plan, and progress toward the $10 billion milestone.
While this is not financial advice, Shiro Neko shows extraordinary potential, with projections of over 10,000x gains in the future, supported by an active community and a seasoned team. Being developed by the same creator and team behind Shiba Inu, we can trust they know the path to success.
My targets are above $3 billion market cap, so we’ll keep a close eye on Shiro's movements in the coming days. With more exchange listings on the horizon, the future looks bright.
Happy trading, everyone! 🚀 MEXC:SHIROUSDT BINANCE:SHIBUSDT COINBASE:ETHUSD
ENA/USDT - Potential Breakout in Long-Term DowntrendHello traders!
Let's take a look at the ENA/USDT price chart. As you can observe, the price has been locked in a long-term downtrend , contained within a descending macro channel .
Recent Price Action:
Over the past 24 hours, ENA has shown signs of a potential reversal. The price has entered a mini-uptrend channel and is currently approaching the upper boundary (ceiling) of the larger, descending macro channel. This creates the possibility of a breakout from the long-term downtrend.
Potential Breakout Scenario:
Given the potential increase in altcoin trading volume, I believe there's a strong likelihood that ENA could break through the macro channel's resistance level, located around $1.060 . If this breakout occurs, I anticipate a continued upward movement towards the following targets:
First targets:
Target 1: $0.9875
Target 2: $1.0500
Then:
Target 1: $1.20
Target 2: $1.35
Target 3: $1.52
mportant Note on Price Correction:
It's crucial to acknowledge that after a potential breakout above the macro channel's ceiling, a price correction is likely to follow. This is a normal market behavior after a significant upward move and should be anticipated.
Disclaimer:
This analysis represents my personal perspective and should not be considered financial advice. The cryptocurrency market is inherently volatile, and past performance is not a guarantee of future results. Always conduct your own research and manage your risk accordingly before making any trading decisions.
Good luck with your trades!
$BITO ProShares Bitcoin ETFReal clean 3 rising valleys Bito will confirm with a retest of the top of the range / neckline.
The measured move of this pattern is a 1.618 extension, suggesting the potential for a price appreciation of 300%.
This would have some pretty serious implications for Bitcoin of course, as the underlying asset here. Ive also added the measured move of the range itself, but will personally be happy with the logarithmic 1.618.
GBP_USD SHORT FROM RESISTANCE|
✅GBP_USD is set to retest a
Strong resistance level above at 1.2574
After trading in a local uptrend for some time
Which makes a bearish pullback a likely scenario
With the target being a local support below at 1.2400
SHORT🔥
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EURGBP - Weak Again!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 EURGBP has been bearish trading within the falling wedge pattern in blue.
Currently, EURGBP is approaching the upper bound of the wedge.
Moreover, the orange zone is a strong structure.
🏹 Thus, the highlighted red circle is a strong area to look for sell setups as it is the intersection of the orange structure and upper blue trendline.
📚 As per my trading style:
As #EURGBP is around the red circle zone, I will be looking for bearish reversal setups (like a double top 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
Apple: As Expected…Apple has made progress as part of our primary scenario, gradually edging lower toward our magenta Target Zone between $209.57 and $196.05. In this price range, we anticipate the low of the magenta wave (2) and, subsequently, a reversal to the upside. On the other hand, we consider it 37% (previously 40%) likely that AAPL will stage an immediate breakout above the resistance at $260.10 without first reaching our Target Zone.
Avalanche (AVAX): Seeing Some Signs of WeaknessAvalanche is pressured by sellers where price seems to find it hard to show any bullish signs or market structure breaks (trend break).
Despite us having the CME gap on the upper sides, we are seeing a possible further drop here, which would be possible only once we see a proper breakdown from current zones!
On the other hand, if we see MSB, then most likely we will see a fill of the first CME gap!
Swallow Team