$ETH Is On Life-Support - RSI Shows More Pain AheadSaved by closing the month above $2200.
However, RSI still shows more pain to come.
If ETH cannot convincingly hold that $2100 level,
it will most likely retest the $1700 - $1850 range.
Moving Averages
$SOL Epic 18% Rally to End the Month!What an epic day for CRYPTOCAP:SOL today with an 18% rally!
Closed the month outside of that accumulation zone I mentioned in previous TA, which is very promising.
Looking for SOL to build a cluster this next week outside that range, and then make another leg up into the green zone to reclaim the EMA9.
Take it level by level 👍
$BTC Critical Support Retest at 50WMA - Must Read!50WMA is a CRITICAL SUPPORT to watch for ₿itcoin.
Historically, if CRYPTOCAP:BTC closes below it for more than one week, it signals the beginning of the BEAR MARKET.
We’ve only seen BTC close beneath the 50WMA once in its history during a Post-Halving year, and that was in 2021, but then rallied to a new ATH.
People often ask me what would invalidate my bull market thesis;
this is one of them.
I’ll be watching this support very closely, and if BTC closes below it for more than 2 weeks, i’m probably selling a good portion of my stack until we get more clarity in the market.
However, this could very well have been the bottom of this correction.
BTC is known to have a big Q1 drawdown in Post-Halving years.
2013 was a massive -82% correction over a week.
2017 gave us two.
January -34% over 7 days.
March -33% over 14 days.
January 2021 gave us -31% over 14 days.
The current correction we’ve seen with BTC has been the longest over 35 days with -28%.
$75k would be a -31% correction, which would line up perfectly with the previous cycle.
That’s the line in the sand for me.
If we did see the bottom with this 28% correction, that would line up with the diminishing return theory.
XAUUSD: Sell in advance and wait for a huge drop.On the eve of the opening of the New York market. The gold price has been fluctuating in a narrow range around 2983-2892. Combined with the current bearish sentiment, it is observed that the gold price will soon see a large decline after the opening of the New York market.
In terms of operation, it is still sold in the range of 2898-2892
tp2875
sl2905
With the successful completion of the previous short order. Whether this order can successfully achieve the goal, we will wait and see. If you don’t know how to trade, you can follow. If you want to pay attention to subsequent analysis and real-time trading opportunities. Remember to check the precise guidance in the analysis circle.
MCX:GOLD1! FOREXCOM:XAUUSD FX:USOIL COINBASE:BTCUSD
GOLD | Bearish Reversal Pattern – More Downside Ahead?### **Analysis & Description:**
This is a **1-hour chart of XAU/USD (Gold vs. U.S. Dollar)** from TradingView, highlighting a **bearish trend reversal pattern**. The price action forms a series of **lower highs and lower lows**, indicating a clear **downtrend formation**.
#### **Key Observations:**
1. **Lower Highs & Lower Lows:**
- The chart outlines a classic **bearish market structure** with multiple rejection points.
- Each bullish rally is met with strong selling pressure, leading to a downward continuation.
2. **Momentum Weakness (MACD Indicator):**
- The MACD at the bottom indicates **bearish momentum**, with both the MACD line and Signal line in negative territory.
- This suggests that selling pressure dominates and further downside movement is likely.
3. **Price Projection:**
- The final arrow suggests **further downside movement**, possibly breaking below key support zones.
- If price breaks below the **$2,807 support**, it could accelerate selling toward **$2,780 – $2,750 zones**.
4. **Possible Trading Strategy:**
- **Bearish Confirmation:** Traders should watch for a breakdown below **$2,807** for a short-selling opportunity.
- **Bullish Reversal?:** If price forms a strong support at **$2,807**, we may see a bounce before further downside.
### **Conclusion:**
Gold is currently in a **short-term downtrend**, and traders should be cautious of potential bearish continuation. However, **fundamental news events** could also impact price action, so it's essential to monitor economic data and market sentiment.
#### **Key Levels to Watch:**
- **Support:** $2,807 – $2,780
- **Resistance:** $2,846 – $2,880
📉 **What do you think? Will gold continue to drop, or will we see a reversal soon? Drop your thoughts below!** 🚀
How I Secured 100+ Pips on NZDUSD Sell This WeekHey Rich Friends,
Happy Friday. Today, I will dive deep into the NZDUSD sell I took this week. Fortunately, my analysis was correct, and with patience, I was able to secure 100+ pips. Here is what I did:
First, I used session breaks on the 1HR time frame to help me identify the previous days' high and low. This is important because based on how the market reacts in these areas, it will help me determine what to do. For example:
- rejection at PDH = SELL, break out above PDH = BUY
- support at PDL = BUY, break out below PDL = SELL
In this case, there was a break below the PDL which was my first indicator to go short.
Next, I used horizontal lines to mark additional lows for potential TPs since I was selling and I used a previous high for my SL.
The only indicator that I used was the stochastic. You can find a very detailed breakdown of how I use the Stochastic in my previous Editors' Pick video here: www.tradingview.com
I hope this was helpful. If you made it this far, comment a "7" and let me know what you've learned.
Peace and Profits,
Cha
xauusd:2800 is about to fallThe impact of the news is gradually fading from people's vision, so trading needs to rely on technical indicators and K-line charts.
The current trend has changed, mainly showing a downward trend.
Once the support of 2830 below is lost, 2800 is not far away. Next week is a very important node, because the weekly non-agricultural data is about to come, and this data plays a key role next week.
S&P 500 Drops Below 100-Day Moving Average The S&P 500 has broken below its 100-day simple moving average (SMA), a key technical level that many traders and institutions use to gauge trend strength. Historically, when the price falls below this moving average, it often signals a potential shift in market sentiment.
What This Means:
🔹 Potential Trend Reversal? If the index fails to recover above this level, we could see increased selling pressure, leading to further downside.
🔹 Bearish Confirmation: A sustained close below this moving average might attract more short sellers, reinforcing a downward move.
🔹 Buying Opportunity? If buyers step in and reclaim the 100-day SMA, this could be a temporary dip before resuming the uptrend.
Are we looking at the start of a deeper correction or just a pullback before new highs? Let’s see how the market reacts!
#SP500 #TechnicalAnalysis #MovingAverages #TradingStrategy
Bear Flag in Adobe?Adobe trended lower most of 2024, and now some traders may expect another push to the downside.
The first pattern on today’s chart is the series of higher lows since mid-January. The software company recently slid below that line, which may be viewed as a bear flag breakdown.
Second, bearish gaps after the last two earnings reports could reflect weak sentiment.
Third, ADBE has been unable to get above its falling 50-day simple moving average (SMA). That may indicate a negative intermediate-term trend.
Also notice how the 50-day SMA is under the 100-day SMA and both are below the 200-day SMA. That configuration, with faster SMAs below slower ones, may indicate a negative long-term trend.
Next, the 8-day exponential moving average (EMA) just crossed below the 21-day EMA. MACD is falling as well. Those patterns may be consistent with bearishness in the short term.
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BTC ——> LONG This is a normal correction , don’t panic too much, in the long term we will hit a new ATH
CHFJPY BUY until 168.40Hello guys,
Another trade to open. CHFJPY BUY until quote 168.40.
It has a risk/reward of 1:2. It.s not much but it's ok. You can see the support of the red area. I know we are in a downtrend at 4 hour chart but look at the daily chart which is a strong upward direction.
You can see the daily chart here :
So, let's hope to go with an upward correction at 4 hour chart.
What is your opinion ?
Btc cme gapBeen waiting for the Cme futures gap to be filled.For those who follow cme gaps know that they always get filled and price bounces from there. Also ma200 is below the gap which is a very good support and price should bounce from the ma200 lets see what happens 👀🚀
I think this looks logica. Am I crazy?NASDAQ:NVDA has always recovered strong after the earnings dip. I think the sell off has come to the end and the pump to $160 is ready
BTC At Critical Support on 200DMA + RSI Way Oversold₿itcoin testing critical support on the 200DMA 🚨
Last time it closed under on July 4, 2024 it ranged for 101 days.
RSI hasn't been this oversold since August, 2023.
Last time BTC was at this RSI level and closed under the 200DMA it ranged for 60 days.
HOWEVER, the only time BTC has ever closed under the 200DMA on a Post-Halving year was in May 2021, where it then went on to rally to another new ATH.
I'm personally buying here 💯
Nucor May Be StallingNucor has trended lower since April, and some traders may expect another push to the downside.
The first pattern on today’s chart is the November 6 gap after Donald Trump was reelected U.S. President. The steelmaker failed to hold that bounce and proceeded to a new 52-week low by early January. It then rebounded and may have made a lower high.
Next, prices are stalling at a low from October 2023 where NUE bounced several times in late 2024. Has old support become new resistance?
Third, the 50-day simple moving average (SMA) is below the 100-day SMA. Both are under the 200-day SMA. That may be consistent with a longer-term downtrend.
Finally, MACD just turned negative.
TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more.
Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors.
Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges.
TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
XAUUSD 1hr
The 5th Elliott wave has concluded. In the 1hr timeframe the 4hr ZLSMA (Length: 32) has broken the 200 EMA and 200 SMA and the chart has pulled itself back up to the EMA and SMA and then it's broken off the 4hr ascending channel. My opinion is that it will correct until the Fibonacci 0.5 mark ($2769).
Target 1: $2821 (Fibo 0.3618)
Target 2: $2769 (Fibo 0.5)
Stop Loss: $2921
This is not financial advice, I'm simply sharing my own analysis and opinions. Be cautious and conscious with your trades and don't take my word for it.
$SPY February 27, 2025AMEX:SPY February 27, 2025
60 Minutes.
The move to 598-599 and a retrace to 592-594 levels was completed yesterday.
Now for the fall 613.23 to 589.56 i expect a retracement around 598-600 levels being 38.2 and 50 percent retracement moves.
At the moment is trend is down.
Uptrend only above 608 levels.
601-604 levels should be a good level to short again.
In 60 minutes, we have 50,100,200 averages converging around 603-604 levels which is the next area of resistance.
Bitcoin at Key Support: Could We Be Nearing the Bottom?Bitcoin is at a critical support level, bouncing off the 200-day moving average. The Fear & Greed Index is at extreme lows, bearish sentiment is peaking, and Trump’s crypto policies could fuel a rebound. With strong technical and psychological factors aligning, is this the turning point? Watch for key insights and price levels to watch!
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GOLD Trendline Break ShortGold has just broken the upward trendline that has acted as support numerous times (At least 6). It has just been broken after a few failed attempts to rally further. We have also lost the 100 moving average (on the 4H time frame)
I believe that Gold is stalling out ahead of the psychological figure of $3000 as it has done previously at $2000 to give an example.
Stop Loss above the red downward trendline that has been formed from the highs that will act as my trailing stop loss.
Take Profit level is a confluence of Fibonacci retracement levels and the upward trendline that I believe could act as support if the red downward trendline doesn't get broken first.
Bitcoin on strong supportIf we check the daily 200MA (red momentum ) and we calculate the double top target, they give us 80 - 82k for bitcoin as the strong support. but we still need to close weekly candle above 92k
BTC DOWNTREND FOLLOWSThe cryptomarket is facing a sell-off pressure as Bitcoin, the world’s largest cryptocurrency, has fallen below the $85,000 mark to trade at $83,740 on Thursday during intra-day, which is over 20 per cent down from its January peak of $109,350. This is the largest sell-off in 2025. Experts said ETF outflows and US President Donald Trump’s EU tariff threats have pressured the market, and Bitcoin (BTC) might experience a potential drop to $74,000.
As of 10:38, the live price of Bitcoin stood at $84,916.18 per (BTC/USD) with a current market cap of $1,683.86B. The 24-hour trading volume is $67.37 billion. Bitcoin declined by 4.61 per cent in the last 24 hours with a circulating supply of 19.83 million, according to binance.com.
EXPECT TO 78,000 AND BELLOW
Weak SignalThe fear is big and we have reaxhed a supporting MA now.
Trying to stem against the fear.
