Chart Patterns
XAUUSD RETEST UPSIDEhello trader what do you think about gold
current price; 2858
gold is ready to retest upside buy key is 2878;2882 this resistance breakout so gold pump upside and touching demand zone mind be possible monday gold little go down side and he taking support then he pump upside
support zone 2838.2830
demand zone 2907
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Bitcoin RSI Dips Below 30 Again!The above chart highlights Bitcoin's price action alongside the Relative Strength Index (RSI) on a daily timeframe. Historically, every time the RSI dropped below 30, indicating oversold conditions, Bitcoin experienced a price bounce shortly after. The chart marks these moments with blue circles and green arrows, showing clear upward reversals following each dip. Currently, Bitcoin's RSI has once again fallen below 30, with the price around $87,000 after a sharp 10% drop. If past patterns hold true, this could signal an upcoming bullish reversal.
#BTC Bearish Head and Shoulders📊#BTC Bearish Head and Shoulders📉
🧠From a structural perspective, we are currently in the blue resistance zone and have formed a bearish head and shoulders structure, so we need to be wary of the risk of a pullback.
➡️If the price breaks through the inflection point 86516 again, it means that the blue resistance has turned into a support zone. If we can stabilize in this area, a bullish cup and handle structure will be formed, and we can participate in some long trades according to this structure.
Let's see👀
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BITGET:BTCUSDT.P
GOLD may continue to fall after correction to 2876- Gold is trading in a phase of deep correction after reaching local highs.
- The price formed a false breakdown of the key support level, which may indicate the liquidation of weak positions before a possible corrective growth.
- The dollar index (DXY) shows growth, which puts additional pressure on gold.
Liquidation and reaction
- There was a longs liquidation after the double top formation, which triggered an impulsive decline.
- The price tested the liquidity zone near $2852 and formed a rebound.
- A return to 0.5 Fibo ($2876.8) is possible, after which big players may sell the price down again.
- The area of interest of market-makers can be seen around $2852.
- Potential zone for selling is $2876-$2890 area (local imbalance).
- Support: $2852 (liquidity zone), $2825 (next support level).
- Resistance: $2876 (0.5 Fibo), $2890-$2900 (key selling zone).
- Key formations: Double top → decline → false breakdown → formation of “W”-shaped structure.
Conclusion
- Short-term: a pullback to $2876 is possible.
- Long-term: if the price does not consolidate above $2876-$2890, the probability of the downside continuation remains high.
- SMC indicates bearish control until there is a break of the structure on the higher timeframe.
Long After Gap Reaction📌 Idea: The week started with a gap, and I expect a reaction in long. Entry after confirmation of rejection.
📊 Entry conditions:
Rejection from the gap
Confirmation on lower TFs (M15/H1)
Take Profit 1: First high
Take Profit 2: Slightly above the first high
🎯 Target: Gap fill and continuation upward
⚠️ This is not financial advice. Always consider risk management!
XAUUSD in on falling wedge Market is on bearish selling cycle after break of 2880 structural support, as we we had mentioned in our previous commantary and our 3 trades got impressive results.
What scanario we have?
▪️ currently on Shoter timeframe we have 2860 support to be break after it market with test 2852 D1 support ,if market invalidated the 2854-2852 area then will have liquidity sweep towards 2835 in first attempt and 2820 in extension.
▪️Furthermore, buying is limited if market remains below 2880.
Additionally we have holding our sell trades.
On longer period kindly read the previous commantary.
Not So Fast, Bitcoin – A Dip Before the Next RallyBitcoin is facing strong resistance at $94,000, making a short-term retracement to $82,000 increasingly likely. A realistic scenario would involve a rebound from GETTEX:82K , forming a W-shaped double bottom that could serve as a foundation for renewed bullish momentum—though this remains speculative.
NEW WEEK TARGET XAUUSD MARKETXAUUSD MARKET CURRENTLY on 2856 according to time frame H4 and my analysis on new week market is bullish trend support level 2836 resistance level 2959 MY TARGET IS 2865 KEEP SUPORT MY CHART
SUPPORT LEVEL .. 2836 If market break the support level then market go on 2800
MY TARGET ... 2865 if market keep go on my target then its go on in 2900 zone
BTC/USDT weekly chart displays an important pattern. Current Price Action: Bitcoin is trading around $92,766.71, a notable position just below the recent highs.
Resistance Area: A clear resistance level is represented by the horizontal line near $100,000. This level has proven difficult to break, and price action will soon determine if it can reclaim this area.
Cup and Handle Pattern: The chart shows a potential cup and handle formation, which could indicate bullish sentiment if the price breaks above resistance. This pattern has a rounded bottom formed in early 2022 and late 2023.
Volume Analysis: It is important to analyze volume alongside price moves. A breakout above resistance will ideally be supported by high volume to confirm strength.
Potential Support Level: If the price pulls back, the green highlighted area provides support, which traders could view as a buying opportunity.
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DYOR. NFA
XAUUSD 2/3/25For this week’s gold chart, we’ve seen a shift in bias, which was unexpected given our strong bullish outlook over the past few months. This could be a temporary pullback, but we will follow it nonetheless. We’re watching the highs for selling pressure—if it appears, we’ll look to sell down to the newly established low we’ve marked as our target.
Gold remains predominantly bullish, and price action tends to move counter to expectations with low pressure, so a return to bullish momentum is likely. However, unless Orion shifts its bias, we will follow the bearish move, potentially into new lows.
Stick to your plan and always follow Orion.
APT/USDT : Next Stop $20?BINANCE:APTUSDT
"In the weekly timeframe, the price is at a bottom and has shown a positive reaction. Considering the current conditions of Bitcoin and Ethereum—especially Ethereum, which has had a significant drop and is now at strong support—I believe this Symbol has strong potential for a substantial upward move. My price target, based on liquidity above key highs, is over $20."
QQQ - The Warning-Line Scenario For A ShortIt's simple a s that:
If price can't make it back into the Fork, then it's doomed to reach at least the Warning-Line.
This scenario likely happens if the current weeks bar close below the Warning line, and the open of the new Bar is also outside of the Fork.
Happy Short §8-)
Closing my Selling order with ProfitAs discussed throughout my Friday's session commentary: "My position: My Selling order has been closed automatically (#2,892.80 - #2,872.80) with Take Profit hit and left me without any orders. As Gold delivered decline in continuation throughout Asian session, I have missed #2,872.80 - #2,852.80 benchmark extension (currently #3-Week Low's test) however I don't mind since my returns for current weeks are excellent. I have stated potential of #2,892.80 - #2,900.80 Support now turned to Resistance zone, as long as it preserves Selling bias and reverses each Bullish reversal, Price-action within or below is Bearish. Keep in mind that as long as we Trade below the mentioned zone, #2,852.80 benchmark break-out has more chances to be delivered rather than #2,900.80 benchmark. Keep Selling every High's on Gold with #2,900.80 Top's however if #2,852.80 benchmark gives away, #2,827.80 is next contact point to monitor."
I have closed my Selling order (#2,852.80 - #2,835.80) throughout Friday's session delivering fine #17-point Profit, extending my results range to #142 Profits and #24 Stop-hits regarding December #2023 - March #2025.
Quick update: Gold is Trading within Neutral waters and it is question now which side will prevail. I am in excellent position currently, Highly satisfied with my Profits without urge to Risk more on ranging market. Either #2,892.80 - #2,900.80 gets tested, or #2,852.80 benchmark. If Resistance zone rejects the Price-action, I will Sell Gold there on spot Targeting #2,852.80 benchmark once again. If however #2,900.80 gets invalidated, Short-term Bullish bias is restored.