downtrendIt is expected that a trend change will form within the current support level and we will witness the beginning of the upward trend.
Otherwise, the continuation of the downward trend with the failure of the support level is likely.
Community ideas
correctionIt is expected that the corrective trend will form until the specified support levels. Then there is a possibility of a trend change and the upward trend will begin.
Bitcoin (BTC/USD) Technical Analysis – April 4, 2025Bitcoin (BTC/USD) Technical Analysis – April 4, 2025 📉
🔹 Current Price: $83,131.28
🔹 Timeframe: 15M
📌 Key Supply Zones (Resistance Levels):
🔴 $83,688.08 – Immediate resistance
🔴 $85,287.31 – Major supply zone
📌 Key Demand Zone (Support Level):
⚫ $81,523.24 – Potential downside target
📉 Bearish Scenario:
If BTC faces rejection at $83,688.08, it could trigger a sell-off towards $81,523.24, making it a crucial level for further movement.
📈 Bullish Scenario:
A breakout above $85,287.31 could lead to further bullish momentum and new highs.
⚡ Trading Tip:
✅ Wait for confirmation at $83,688.08 before entering short positions.
✅ Use proper risk management strategies.
✅ Keep an eye on $81,523.24 as a potential reversal zone.
#FXFOREVER #Bitcoin #BTCUSD #CryptoTrading #SmartMoney #PriceAction #TechnicalAnalysis
ATOM ANALYSIS📊 #ATOM Analysis
✅There is a formation of Falling Wedge Pattern on daily chart with a good breakout and currently retests from the major resistance zone and again trading around its major resistance zone 🧐
Pattern signals potential bullish movement incoming after a successful breakout of resistance zone
👀Current Price: $4.800
🚀 Target Price: $6.300
⚡️What to do ?
👀Keep an eye on #ATOM price action and volume. We can trade according to the chart and make some profits⚡️⚡️
#ATOM #Cryptocurrency #TechnicalAnalysis #DYOR
USD/JPY Technical Analysis – April 4, 2025 USD/JPY Technical Analysis – April 4, 2025 📉
🔹 Current Price: 145.998
🔹 Timeframe: 15M
📌 Key Supply Zones (Resistance Levels):
🔴 146.667 – 146.774 – Potential reversal zone
🔴 147.330 – 147.479 – Strong resistance
📌 Key Demand Zones (Support Levels):
⚫ 145.412 – Intermediate support
🟢 144.274 – Major Demand Zone (Potential Reversal Area)
📈 Bullish Scenario:
If the price breaks above 146.774, it may continue towards 147.330 – 147.479 before showing signs of reversal.
📉 Bearish Scenario:
A rejection from 146.667 – 146.774 could lead to a drop towards 145.412 and potentially to 144.274 demand zone.
⚡ Trading Tip:
✅ Look for price reaction at 146.667 – 146.774 for possible shorts.
✅ If price reaches 144.274, watch for bullish confirmations.
✅ Use stop-loss and risk management strategies.
#FXFOREVER #USDJPY #ForexTrading #TechnicalAnalysis #SmartMoney #PriceAction #Trading
NQ - Nasdaq's potential to reboundThe Median or Centerline:
The Median (Centerline) Line is the central element of the Pitchfork and acts as the equilibrium point. Price tends to oscillate around this line, and it often serves as a strong reference for potential reversals or price targets. A price move back toward the Median Line is common after significant moves away from it.
Pitchfork (Red):
The red Pitchfork, drawn through significant price points, provides the overall trend direction and shows the potential path to the downside. The red line indicates a bearish bias in the current setup, as it has been guiding the price lower.
Green Circles and Arrows:
These represent key areas of support.
The lower green circle and green arrows indicate price has found solid support in this region. The price has been bouncing from this support level, showing that it is reacting to the [ower boundary of the Pitchfork. This behavior aligns with the rule that the price tends to respect these boundaries, creating a foundation for a potential move back toward the Median Line.
Price Action Analysis:
The price recently tested the lower green circle and green arrows, bouncing off this support level, which is a typical reaction in a Pitchfork setup.
According to the Median Line theory , when the price moves too far away from the Median Line, it often returns toward it. Therefore, the bounce off the lower boundary suggests that price may now be setting up for a bullish reversal toward the RED Median Line .
Bottom Line:
The price action is following the general Pitchfork playbook . The bounce from the lower green circle suggests that the price is setting up for a potential bullish reversal toward the RED Median Line .
The next major test will be the upper resistance in the red Pitchfork , after the break of the Centerline. If the price can break through this resistance, a strong move higher is likely.
Keep an eye on this critical point!
GOLD SELL NOW!!!!!!!!XAUUSD completed my sell analysis target today we have the price making a making a strong rejections off the buyside liquidity for another sell rally down to 3,051 am in here on sell holding till price arrive at 3,051
US100 Bullish SideUS100 show clear bullish momentum and many indicators shows that US100 in uptrend which are given below:
RSI daily timeframe bullish divergence
Descending parallel channel which show that US100 in a strong uptrend
Strong support zone
All these indicator indicators shows us that US100 in a clear bullish momentum
Gold Market Sweeps to 3060, Eyes Mitigation at 3120Gold market recently made an imbalance sweep through the 3060’s, but now it’s on a pullback to mitigate the 3120 level. This could set the stage for the next big move, with market sentiment poised for a possible shift. follow for more insights , comment and boost idea .
Silver- sell on rallies (breaks major trend line support)
Trend line support- $31.95 (trend line joining $28.79 and $30.81)
Silver crashed more than 7% after Tariff announcement. It hit a intraday low of $31.40 and is currently trading around $31.65.
The gold/silver ratio climbed to 95.50, reflecting silver's relative weakness compared to gold.
Trading Strategy and Key Levels for Silver
The commodity is trading below short term (34 and 55 EMA) and long-term moving average (200- EMA) in the 4-hour chart. The near-term support is around $31.25 and any violation below will drag the commodity to $30.75/$30/$29.60/$29/$28.40. The immediate resistance is at $32.60 any breach above targets $33/$35/$36.
It is good to sell on rallies around $32 with a stop-loss at $32.60 for a TP of $30/$28.40.
SPY: Breaking Levels; TASPY broke down the Weekly demand line and now looking to break the Monthly demand.
Looking to possibly test the bottome weekly trendline.
Possibly a 530 price target and if weakness continues, possibly below more to 520 then 510.46 to fully retest that bottom trendline.
The market has bene crazy, people calling bottom, wanting to catch the reversal. I mean, I would want to catch this “V” up too, but have to see if it keeps trending down to the bottom trendline.
LMK what you think and if you have any TA, tag me!
*Not FA
BTCUSD hourly trend analysis for April 04, 2025It is in a bearish trend. Sell signal has confirmed the Stop Loss at 83382. This pair has a strong support at 82074 and 80900.
EURUSDEntry: 1.0951
Why we like it:
There is a pullback support level that aligns with the 50% Fibonacci retracement.
Stop loss: 1.0853
Why we like it:
There is a pullback support level that lines up with the 71% Fibonacci retracement.
Take profit: 1.1146
Why we like it:
There is a pullback resistance.
Dollar general - bottoming outNYSE:DG has confirmed its rounding bottom reversal and it has also broken above the downtrend line which started since March 2024. Furthermore, the breakout was supported by strong bullish candle and high volume, above the 20-period average. With the strong momentum, the stock may move to filled up the large bearish gap between 94-120 range.
Long-term MACD is looking at a strong long-term bullish momentum after the MACD/signal line is rising and histogram is positive.
Stochastic has been rising and is in a steady state, indicating strong bullish momentum in the mid-term.
23-period ROC is rising and staying above the zero line. Directional movement index is strong bullish.
Ichimoku is strong and has confirmed a three bullish golden cross
WIFUSDT 1WWIF ~ 1W Analysis
#WIF Buy back from here with a short-term target of at least 15%+.
This is a very strong support level for now.
Power Law, M2 and Converging WedgeIf we look at the Power Law chart we will see that BTC is sitting at the wave low within a converging wedge that started 20 JAN 2025. M2 global liquidity chart is showing that there is ample liquidity for BTC to track much higher. Based on previous cycle leg up volumes, it is within the realm of possibility to see BTC achieve 220k by the middle of SEP 2025.
Not Even Gold Escaped the Volatility of Liberation DayWe finally saw the shakeout on gold I was expecting around $3000. This clearly changes things for gold traders over the near-term, even though the fundamentals remain in place for bulls. I highlight key levels for gold and take a look at the devastation left across key assets on Thursday.
Matt Simpson, Market Analyst at City Index and Forex.com
EURUSD Bearish Measured MoveEURUSD has been overbought for about a week, maybe two. It's time for a meaningful correction.
SELLSLooking to take a sell here. I'm getting in a little early. my "Sells after closure" is due to taking out yesterdays lows. hoping for a push to take out to daily pivots
Bear I see gold going down right now, it has a engulfing bear at a key level on the 4hr , it broke my counter trend line . So I'm watching to see what it does when it breaks this consolidation.
OIL Today's strategyYesterday, after comprehensively studying the market data, I judged that the price of US Oil (USOIL) would enter a downward channel. According to my analysis, the oil price would experience a period of continuous decline. First, it would break through the key demarcation point, and then it was highly likely to consolidate near the previous low level. However, the market trend far exceeded expectations. Yesterday, the price of USOIL did not follow the regular pattern. After we exited the market with profits according to our strategy, it plummeted again and rapidly approached the previous low level.
Currently, all aspects of information point in a negative direction. From macroeconomic data to industry internal dynamics, there is nothing that provides favorable support for it. Based on this, I infer that today it is highly probable that the price will fall back to the previous low level.
OIL Today's strategy
sell@67.5-67
tp:66-65.5
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Countdown to the implementation of tariffs - long-short game1. Real-time market and core drivers
Core driving factors:
Countdown to tariff policy: The 10% base tariff signed by Trump on April 2 will take effect on April 5. Combined with the impact of automobile tariffs (25%) on the global supply chain, market concerns about inflation (expected to rise to 3.5%) and economic recession continue to ferment. The EU has launched a retaliatory tariff plan, which may further boost the safe-haven demand for gold.
Geopolitical escalation: The situation in the Middle East continues to be tense. The US military deployed 6 B-2 stealth bombers to the Diego Garcia base and formed a double aircraft carrier strike group in the Red Sea; the Shandong ship of mainland China confronted the USS Carl Vinson in the Taiwan Strait, and the geopolitical risk premium provided support for gold prices.
Central bank gold buying wave: Global central banks will net buy 1,045 tons of gold in 2024. SPDR Gold ETF holdings increased to 931.94 tons, a three-year high, indicating that institutional funds continued to inflow.
2. In-depth analysis of technical aspects
Trend and structure:
Monthly level: After gold price hit a record high of $3167, it formed a "head and shoulders bottom" pattern, and the measured increase pointed to $3200-3300. The Fibonacci extension level shows that $2250/2480/3200 constitutes a golden channel, and it is currently in the third wave of main rise.
Daily level: The Bollinger band opening expanded to $120 (upper rail 3175, lower rail 3055), the RSI indicator is overbought (72) but no top divergence has occurred, and the MACD green column continues to expand, indicating strong bullish momentum.
Key points:
Support level: $3050 (Daily Bollinger band middle rail + Fibonacci retracement level).
Resistance level: $3170 (historical high), $3200 (integer mark + weekly RSI critical value).
3. Long-short strategy and risk control
Swing trading strategy:
Entry: If the gold price breaks through $3170 and then falls back quickly, you can place a short order in the 3160-3150 range, with a target of $3130.
Stop loss: $3180 (admit the mistake and leave the market after breaking through the historical high).
Win-loss ratio: 4:1.
Entry: Relying on the support of $3050, build positions in batches, first position (US$3155) + additional position (US$3165), the total position does not exceed 40%.
Target: US$3130 (first stage), US$3150 (second stage).
Stop loss: $3,135
4. Institutional views and outlook
Goldman Sachs: Raised its gold price forecast for the end of 2025 to $3,300, emphasizing that central bank gold purchases (1,000 tons per year) and the Fed's rate cuts (58% probability in May) are the core driving forces.
UBS: Maintains a target price of $3,200, pointing out that gold ETF fund inflows (net inflows of $23 billion in the first quarter) and geopolitical risks (Taiwan Strait, Middle East) will push prices to break through historical highs.
Geopolitical risks: After the tariffs take effect on April 5, the EU may initiate retaliatory measures, coupled with the escalation of the situation in the Middle East, and the safe-haven demand for gold may further explode.
5. Key events
April 5: Tariffs take effect, pay attention to EU countermeasures;
April 7: US non-farm data (forecast to increase by 180,000);
April 10: Federal Reserve meeting minutes.
EUR-AUD Free Signal! Buy!
Hello,Traders!
EUR-AUD is trading in a
Strong uptrend and the
Pair made a bullish breakout
And a retest of the key
Horizontal level of 1.7420
And is going up now so
We can enter a long trade
On a local pullback with
The Take Profit of 1.7551
And the Stop Loss of 1.7362
Buy!
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