Pepe’s Weak Price Action Signals Trouble AheadAs with many coins, Pepe saw a massive pump following Trump’s election, with the coin hitting a new all-time high (ATH).
However, the bullish momentum quickly faded. After a marginal new ATH at the beginning of December, the price dropped back to the old resistance level, which had turned into support.
In early 2025, bulls made two more attempts to push the price higher, but both efforts failed, sending the coin back to the support zone.
This kind of price action suggests growing weakness. I expect the current support zone to eventually break. If that happens, the coin could accelerate its decline, potentially targeting the 0.000007 area.
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Solana- Two bullish targets (320 and 380)The launch of BINANCE:TRUMPUSDT gave a boost to BINANCE:SOLUSDT with the price breaking above 220 local resistance and soaring with more than 30% to 295.
As expected after such a rally, the price entered a correction phase, and at the time of writing, Solana is trading around $260.
Symmetrical Triangle Formation: A Bullish Sign?
During this consolidation period, a symmetrical triangle pattern has emerged on the charts. This formation is often a signal of a continuation of the prevailing trend. If Solana manages to break through the triangle's resistance, it could lead to an acceleration of the upward momentum.
Potential Targets for Solana
Based on classical technical analysis, the first target is calculated using the triangle's base. This suggests a potential rise to $320. However, if we consider the momentum from the previous leg up, the target could stretch as high as $380.
Outlook: Bullish Above $200
Regardless of which target is reached, Solana remains strongly bullish as long as it holds above the critical $200 support level.
Traders and investors will want to keep a close eye on price action, especially for a breakout of the current consolidation.
XAU/USD Analysis: Strong Bullish Outlook and Key Trading LevelsAs you know, my overall outlook on Gold (XAU/USD) is bullish, and I anticipate a new all-time high in the near future.
However, yesterday, I highlighted the potential for a short-term correction, identifying the 2725-2730 zone as possible support.
While the price did experience a pullback, it didn’t quite reach this level, but my pending sell order wasn’t activated either. As a result, I stayed out of the market.
Looking at price action since the start of the year, it’s evident that every dip has been aggressively bought.
This was especially clear yesterday, as after a significant rally and the test of a key resistance level, the price didn’t even manage to drop to the median line of the ascending channel.
The conclusion is simple: XAU/USD is strongly bullish.
Key Levels and Strategy:
In this context, the only viable strategy is to buy dips. The key levels of interest are:
• 2760 – a critical level to watch for potential entries.
• 2735 – yesterday’s low and another area of potential support.
The next target for a potential high could be set around 2840, based on the current market structure.
Final Thoughts
Given the strong bullish momentum, patience and precise entries will be essential for achieving good risk:reward. Look for pullbacks to the key levels mentioned above as opportunities to join the trend.
Happy trading, and let’s aim for that new all-time high!
AudUsd could rise to 0.65AUD/USD is another USD major pair that I’m bullish on.
As shown in the posted chart, AUD, like many other currencies, faced a challenging time during the final quarter of 2024.
However, after hitting a new low at the beginning of 2025, the pair has reversed course and broken back above the falling trendline.
Additionally, a combination of bullish reversal candles and the formation of an inverted head and shoulders pattern further supports the bullish outlook.
In this context, my strategy is to buy on dips, aligning with the positive technical setup.
NICKEL: Sell Setup at Key ResistanceCAPITALCOM:NICKEL is at a key resistance zone. This zone has consistently acted as a key area of interest where sellers regained control, leading to prior reversals. If the price confirms rejection through bearish price action, such as wicks signaling rejection or bearish engulfing candles, I anticipate a move downward toward the 15865.08 level.
However, if the price successfully breaks and holds above the zone, this would invalidate the bearish outlook and could open the door for further upside. Traders should monitor price action closely at this critical resistance area.
Proper risk management is essential, given the possibility of price breaking higher.
XAG/USD Analysis: Falling Wedge Breakout Signals More UpsideAs I mentioned in my previous analysis, I am bullish on OANDA:XAGUSD , in addition to Gold.
The price has now clearly broken above the falling wedge’s resistance.
Since Monday, this breakout has proven to be genuine, with dips being consistently bought by traders.
Currently, the price is facing minor resistance just below the 31.00 level.
If this resistance is broken, we could see an acceleration toward my target of 32.00.
As long as the 30.00 level remains intact, Silver maintains its bullish outlook, and buying dips should remain the preferred strategy.
Why I Like Chainlink: A Technical Perspective with 40$ targetAs I’ve mentioned before, one of the reasons I favor BINANCE:LINKUSDT is its strong adherence to technical patterns. This characteristic makes it a reliable asset for chart-based trading strategies.
Let’s break down the past:
• Accumulation Phase: From May 2022 to October 2023, LINK underwent a long, one-and-a-half-year accumulation phase. This created a solid foundation for future price action.
• Breakout and Corrections: After the accumulation ended, LINK experienced an upward move, followed by a correction that perfectly tested the resistance of the previous accumulation zone.
• New local Highs: A subsequent rally took the price to around $30, followed by another correction. This time, the correction confirmed a previously broken resistance level as new support, which acted as a springboard for another reversal upward.
The technical behavior of LINK stands out as methodical and predictable, with clear levels of support and resistance consistently respected.
Looking ahead, I anticipate that LINK will continue its upward trajectory, with a potential target of $40.
My strategy is buying dips.
However, a definitive break below recent support would force a reassessment of this outlook.
In conclusion, LINK’s well-structured price movements make it an excellent candidate for those who favor technical analysis in their trading approach.
Gold- One step closer to new ATHYesterday, following a minor dip earlier in the day, Gold decisively broke above the 2720 resistance level and established a local high near the 2760 confluence resistance, formed by the horizontal level and the channel's resistance.
Currently, the price is undergoing a normal correction, which could provide traders with another opportunity to enter the market at more favorable levels.
The support zone begins around 2735 and extends to 2720, making this area an ideal spot for opening long trades.
In conclusion, the strategy remains unchanged: buying dips .
EurUsd- A nice bullish setup with 1.06 targetLike most major pairs, EUR/USD experienced a challenging final quarter of 2024, with the price dropping approximately 1,000 pips following the double top at 1.12.
The start of 2025 saw a further decline, breaking below the 1.0350 support level and reaching a low of 1.0180.
However, the market quickly reversed after this low.
On Monday, a strong Bullish Engulfing candlestick formed, reclaiming the 1.0350 support level.
Yesterday, this support was confirmed again, leaving a continuation Pin Bar on the daily chart. Adding to this bullish picture, the price also broke above the falling trend line, signaling a well-structured bullish setup.
Currently, the bulls have the upper hand. If the price manages to break above the horizontal resistance at 1.0440, the path should be clear for a rise toward the 1.06 zone.
In conclusion, buying on dips appears to be the ideal strategy, with invalidation of this setup occurring if the price falls below 1.03.
Gold- On its way to new ATH?In my post yesterday, I mentioned that Gold is trading within an ascending channel, which should give bulls added confidence. The suggested strategy remaining to buy on dips.
During Monday's session, price action was relatively quiet, with the market ranging.
However, there were signs of buying pressure, with the price steadily pressing against the resistance line.
Overnight, Gold finally broke above the confluence resistance zone between 2715 and 2720, and at the time of writing, it is trading at 2728, suggesting a genuine break.
Looking ahead, I expect this momentum to continue.
Key levels for bulls to watch are 2750 and 2765. Also, a successful break above 2765 could pave the way for a new all-time high and only a drop below 2690 would put a pause in this bullish scenario.
For now, the strategy remains to buy on dips.
EURCAD at Major Resistance – Short Opportunity Ahead?OANDA:EURCAD is currently testing a significant resistance zone. This area has seen strong selling pressure, leading to notable bearish moves. The recent bullish push into this resistance zone suggests a potential for sellers to regain control.
A bearish confirmation, such as rejection candles, bearish engulfing patterns, or long upper wicks, would increase the probability of a downward move. If this scenario unfolds, the price could head toward the 1.49017 level.
Traders should remain cautious and wait for clear signs of selling pressure before considering short positions. Proper risk management is essential, given the possibility of a break above the resistance zone.
DXY- Start of correction?In my previous analysis of the DXY, I mentioned that the index might begin a correction after more than three months of upward movement and a 10% increase.
Yesterday, the market opened with a downside gap and broke below the rising trendline that had been supporting the price since the 100 mark. This suggests that 110 could now serve as a local top. As long as the price remains below this level, shorting the USD currency could present a viable trading opportunity.
I am currently looking for buying opportunities in currency pairs such as EUR/USD, GBP/USD, AUD/USD, and NZD/USD.
Gold- Where to?Since the beginning of the year, XAU/USD has been trading in a well-defined ascending channel, which typically indicates continuation.
However, last week the price faced a strong ceiling at the old resistance around 2720, the level from which gold reversed sharply twice at the end of 2024.
At the time of writing, the price is 2707, and although I am bullish for the next period, I am currently out of the market, waiting for more confirmation.
Silver could rise above 32 (1500+ pips target)In my previous analysis on OANDA:XAGUSD , I noted that the lack of bearish continuation following the break below the 30 level suggested a high likelihood of a false breakout.
I anticipated that the price would most likely reverse to the upside, and this scenario has played out as expected.
After breaking back above the 30 level and successfully retesting it, XAG/USD is now holding steadily above this important support.
Additionally, the price has broken out of the falling wedge pattern by moving above the descending trendline.
The morning star candlestick formation observed two days ago further reinforces the bullish outlook.
Adding to the positive sentiment, a strong close today could result in a continuation pin bar on the weekly chart, further supporting upward momentum.
In conclusion, the strategy remains to buy on dips, with an ideal entry around 30.30 and a target at the technical resistance above 32.
CADCHF – Potential Short Opportunity on RetestCADCHF has broken below a key support zone, indicating a shift in momentum to the downside. This zone previously acted as support and may now turn into resistance, aligning with the break-and-retest strategy.
A bearish confirmation, such as rejection candles, a bearish engulfing pattern, or slowing bullish momentum, would strengthen the case for continued downside. Should this scenario play out, the next target for sellers would be around the 0.63387 level.
Traders should remain patient and wait for the price to revisit the resistance zone and provide clear rejection signals before considering short positions.
DXY could start correcting soonThe last quarter of 2024 was exceptionally bullish for the DXY, with the price climbing from 100 to a peak around 109—a substantial 9% increase in a relatively short period.
The bullish momentum has continued into the start of 2025.
However, since late December, the price action has become more overlapping, which could indicate the potential for a reversal.
At present, the price remains above the bullish trendline, so there are no clear reversal signals yet.
That said, it’s important to monitor for a downside break. If such a scenario occurs, the index could drop toward the 106 support level.
GbpUsd could correct from important supportLast week, GBP/USD saw a sharp decline, dropping over 400 pips from its recent high after briefly spiking above former support, which has now turned into resistance.
The pair is currently trading at 1.2150. Although the overall trend remains strongly bearish, a short-term correction and upward move is possible.
The 1.2070 level serves as key technical support, and with the psychological 1.2000 level nearby, short-term traders might find buying opportunities in this zone.
If a rebound occurs, the 1.2300 level could serve as a potential target for such a trade.
GOLD - Short Setup from Resistance ZoneThe XAUUSD pair has recently broken out of the bullish channel, signaling a shift in momentum toward bearish conditions. After this breakdown, the price is currently retesting the resistance zone. This retest is a critical point for the pair, as rejection from this resistance could confirm the bearish outlook. Traders should look for bearish confirmation signals such as rejection candles, bearish engulfing patterns, or a series of lower highs to validate further downside potential.
If the resistance holds, the next significant target for sellers is the $2,650.43 support level, which could act as a key demand zone. A break below this level would open the door to further declines, potentially extending the bearish trend.
This setup suggests a high-risk zone for buyers and presents an opportunity for short positions if bearish confirmations are observed. Careful monitoring of price action around the retest is essential for planning entries and exits.
What are your thoughts on this bearish scenario?
Gold Outlook: Higher Lows Signal Continued Upside PotentialYesterday was a pretty volatile day for gold, with the price briefly dropping to 2615.
However, bulls quickly regained control, pushing the price back above the 2635–2640 support zone and establishing a higher low in the broader trend.
Currently, the price is stable above this key support level and is challenging interim resistance at 2650.
A successful break above this resistance could open the door for a move toward 2680, with further upside targets at the significant 2700 level and the technical resistance at 2715.
I remain bullish as long as yesterday's low at 2615 remains unbroken.
Friday "NFP" Sell Signal Alert!The market has been following the trendline for the past 2-3 days. A daily price close with a Doji candle suggests indecision, while our daily bias remains bullish. However, today is Friday, and we have the NFP news event.
We anticipate the market to move up by 120-130 pips, following the trendline, toward my identified resistance zone. Wait for gold to reach this resistance area before taking any action.
For a bearish scenario, the target range is around 310+ pips. The market may first create a large wick during the news event before experiencing a significant drop.
i'll keep this idea updated.
Can Silver Maintain Momentum Above 28.70?In my previous OANDA:XAGUSD analysis, I mentioned that the price appeared to be forming a head-and-shoulders pattern, with confirmation if the price broke below the 30 level.
Indeed, just before Christmas, the price dropped below this critical milestone and reached a low near the 28.70 zone.
However, instead of continuing toward the technical 28 support level, the price found new support at 28.70, forming a double bottom at this level.
Similar to Gold, Silver began the year on a positive note, reversing upward and retesting the broken neckline level at 29.80 for the second time.
Currently, the price is trading below this level.
A decisive break above 30 could trigger bullish momentum, leading to a potential rally toward the 32 resistance zone.
For now, I'm bullish on Silver as long as the 28.70 support zone holds.
Ai16Z | From Meme to Money making machineai16z is the new star in the meme token galaxy, built on the lightning fast Solana blockchain and launched on the playful daos. fun platform. With AI backing it and a cheeky nod to the a16z VC fund, this token’s got serious meme mentum.
Today’s Price Check
-Current Price: $1.27 (+5% in the last 24 hours)
-All-Time High (ATH): $1.38 (hit on Dec 29, 2024) – just 5.86% below the peak.
-Circulating Supply: 1.10 billion tokens (max supply also 1.10 billion).
-24-Hour Trading Volume: A whopping $75.84 million.
Market Flex
ai16z is traded on 24 markets and 14 exchanges, with Gate.io leading the pack. It holds a cozy 0.04% share of the total crypto market, boasting a market cap of $1.43 billion. Oh, and word on the street? It’s on Binance’s radar for a potential listing
Riding the Meme Wave
Move over, SHIB, PEPE, and DOGE—ai16z is stealing the spotlight in the meme coin market rally. Its lowest price ever? A humble $0.01019 on Nov 3, 2024. Fast forward to now, and it’s up an insane 12,650% from that rock bottom price.
The Whale Tale
December 28 was a big day for ai16z, thanks to a crypto whale who made some serious moves. This savvy investor withdrew 10M USDC from Coinbase and snagged 13.16M ai16z tokens when they were undervalued on Dec 11.
The result? In just two weeks, their $10 million investment ballooned to a jaw-dropping $15.66 million, netting a sweet $5.66 million profit. That’s the kind of whale flex you all dream about.
ai16z is proving it’s more than just a meme, it’s a mover and shaker in the Solana ecosystem.