$PLTR 50%+ decline ahead, $39-56 targetNASDAQ:PLTR looks like it's topping here and that it has a long road to the bottom.
If we continue to reject at this resistance, then it's likely that we'll at least see the $56 target on the downside, but I think the $44 target is the most likely area to see a bounce.
Bulls should enjoy a 50%+ drop from here. You've been warned.
Support and Resistance
4/23 Gold Trading StrategyGold saw a sharp decline from 3500 to around 3360 yesterday, and our selling strategy delivered significant returns.
Over the weekend, Trump stated he has no intention to fire Powell and hinted at easing trade tensions. This quickly dampened market risk aversion, causing gold to plunge at the open today to near 3320. The downward momentum remains strong.
In this kind of market, flexibility is key. A sharp drop is usually followed by a rebound, but the strength of that rebound is what matters. Technically, the potential bounce is estimated at around $50, but whether the price continues to rise or resumes its decline will depend on how the market digests the news.
Technical levels (excluding news impact):
Key resistance: 3410–3440
Key support: 3328–3303
Considering the news:
Key resistance: 3346-3372
Key support: 3298–3268
Trading Strategy for Today:
Sell between 3410–3440
Buy between 3297–3267
Trade flexibly within 3386–3332 / 3296–3328
Analysis of the latest gold trend and trading layoutThe uncertainty of the current tariff policy remains the focus of market attention. Gold has shown signs of easing recently, but a specific agreement has not yet been implemented, and market concerns about potential risks remain. This uncertainty puts pressure on the US dollar, and as a safe-haven asset, the price of gold may face correction pressure when risk appetite rebounds. From a technical point of view, the 4-hour trend of gold shows a volatile downward trend, and the price rebounded only after hitting the previous support level, indicating that short-term short forces are still dominant. In terms of hourly trend, the price of gold maintains a low and narrow range of fluctuations and lacks rebound momentum. The upper resistance is currently at 3295-3300, and the lower support is at 3250-3245. In terms of operation, it is recommended to do long callbacks in late trading, supplemented by rebounds from high altitudes.
Operation strategy 1: It is recommended to go long in the callback of 3233-3227, stop loss 3220, and the target is 3260-3285.
Operation strategy 2: It is recommended to go short in the rebound of 3315-3320, stop loss 3327, and the target is 3290-3260.
If you agree with this point of view, or you have a better idea, please leave a message in the comment area. I look forward to hearing different voices.
FX:XAUUSD FOREXCOM:XAUUSD CAPITALCOM:GOLD OANDA:XAUUSD
BTC must go to test $69K support before go to $140KI think you need to imagine the monthly chart, however it is all time high trend, but I think the BTC will need to go crash again to the $69 NYSE:K , since the RSI is over bought, and the Vwap is far from the actual price, the price needs to go touch the Vwap sooner or later, just remember that.
then we will see $140K
Bitwise Bitcoin ETF | BITB | Long at $46.25It definitely should get everyone's attention when a US Senator (David McCormick) is willing to dish out up to $600,000 in a Bitcoin ETF ( AMEX:BITB ):
Feb. 27: Bought $50,000 to $100,000
Feb. 28: Bought $15,000 to $50,000
March 3: Bought $50,000 to $100,000
March 5: Bought $15,000 to $50,000
March 10: Bought $50,000 to $100,000
March 11: Bought $15,000 to $50,000
March 13: Bought $15,000 to $50,000
March 20: Bought $50,000 to $100,000
Something may be brewing this year with the "U.S. crypto reserve" and I'll throw down a couple grand at $46.25 with a self-proclaimed wild prediction into 2026: Bitcoin to $120,000.
Bitwise ETF Targets:
$50.00
$55.00
$60.00
$65.00
$UVXY to $100+Unfortunately many of my charts were removed by a moderator for having private indicators on them (which I didn't realize was a thing), so I have to repost them.
If we look at the chart, we broke out of a bull flag and are now testing a very strong support level.
You can see we've bounced off of that level multiple times. I think we bounce off of this level again and continue higher from here.
I have no clue what the cause for this move will be, but it looks like we're set for a large move up to the $98-106 resistances with possibility for an extended move up to the top resistances.
Let's see how it plays out over the coming weeks. Key dates and levels on the chart.
LINK Trade Setup – Pullback to SupportLINK has made a solid move from ~$10 to $15 over the past couple of weeks. With that rally showing signs of slowing, a pullback into support presents a potential opportunity to catch the next leg up.
📍 Entry Zone:
$13.00 – $14.00
🎯 Take Profit Targets:
🥇 $15.00 – $16.00
🥈 $17.00 – $18.00
🥉 $19.50 – $20.50
🛑 Stop Loss:
Just below $12.00
$BTC cycle projection. Upside to $134k-$160k, then to sub $33kHere's a chart of my cycle projection of bitcoin. I think it's likely that we find support in the $62k region over the next couple of weeks and then continue the bull run up to $129k-$137k.
In terms of gains from here, I think BTC is only a ~2x, however, I think we're going to see our biggest altcoin run since bitcoin's inception.
After we hit the top $134k-160k, I think we'll make a very large correction back down to the $20-30k region (supports on the chart) before the next long term cycle begins.
This is the final wave of the first cycle of bitcoin.
Lots of money to be made.
$Total3 alts about to go on their biggest run yet to $2.2T+I know everyone's been extremely down on crypto because alts have been down, but the chart looks very bullish from the lows.
As you can see, we've been consolidating in a channel and it looks like we're set to fall to the $448B - $581B region. After we find support there, we'll start the biggest leg of the cycle thus far.
I think it's very likely that we'll make it up to the $2.2T region during the next run. For context, the entire crypto market is sitting at $2.5T right now. That means alts alone should nearly equal the entire crypto market by the end of this cycle.
However, there's a possibility that the cycle can extend higher to the upper resistances as well.
Let's see how it plays out over the coming years. Lots of money to be made on the upside here.
This run will be the equivalent to getting into bitcoin early.
$SQQQ - $68-103 targetIf we look at the chart of SQQQ, we can see that we're holding support here at the $34 level.
If we continue to hold here, we'll have a failed head and shoulders breakdown. I think if we can break the highs at $57, it is very likely that we'll see $68+.
Let's see how it plays out in the coming weeks.
$GLD short term top in $260-148 target on the downsideAMEX:GLD looks a bit extended here. I could see the possibility of GLD falling back to the $260 support at a minimum and maximum all the way down to $148
The $209 support would be the 50% retracement of the recent run. I like that as a level for a bounce.
Let's see where we end up.
XAU/USD - H1 Time Frame Trade Plan 23-04-2024⚙️ Gold (XAU/USD) – H1 Time Frame Trade Plan
🧭 Current Market Bias (H1)
Check if price is above or below 50 EMA and 200 EMA
Above both = bullish bias
Below both = bearish bias
Between = range / indecision
✅ Bullish Trade Setup (Buy the Dip)
Entry Zone: $2,340 – $2,350 (recent demand zone)
Entry Signal: Bullish engulfing / hammer / RSI bounce from 40
Stop Loss: $2,325 (below recent swing low)
Take Profit 1: $2,370
Take Profit 2: $2,390
Risk:Reward: At least 1:2
❌ Bearish Trade Setup (Sell the Rally)
Entry Zone: $2,390 – $2,400 (strong resistance)
Entry Signal: Bearish engulfing / shooting star / RSI rejection from 70
Stop Loss: $2,415 (above previous swing high)
Take Profit 1: $2,360
Take Profit 2: $2,340
📌 Extra Tips
Use MACD crossovers or RSI divergence for confirmation.
Avoid entering during high-impact news (e.g., FOMC, CPI, NFP).
Consider partial closes and trailing stops if price action moves in your favor.
BITCOIN (BTCUSD): Detailed Support & Resistance Analysis
Here is my latest structure analysis for Bitcoin.
Resistance 1: 94300 - 95600 area
Resistance 2: 98300 - 100200 area
Resistance 3: 101400 - 102600 area
Support 1: 90500 - 92800 area
Support 2: 85300 - 88900 area
Support 3: 82600 - 83700 area
Consider these structures for pullback/breakout trading.
❤️Please, support my work with like, thank you!❤️
$SLV pullback before the real bull trend starts?Silver looks to be trading in a large rising wedge, I could see the possibility of a pretty substantial pullback should price break down from the pattern.
We have the potential to fall between 30-60% from here should price break the pattern. The level to look for is a break of $22 on the downside, that will be the confirmation that we're moving lower.
I've marked off important support levels on the downside if we break down. A break of the upper resistance would invalidate the idea.
AAPL eyes on $208.xx: Key Resistance to Tariff Recovery wave AAPL trying to recover through the various tariff news.
Currently testing a key resistance zone at $208.26-208.68
Look for dips, with a must-hold support at $196.65-197.33
.
Previous analysis that called the TOP:
=====================================================
$DXY bullish from 96-98, massive bull flagDespite everyone calling for the death of the dollar, I think the dollar is in the process of bottoming and then will head higher.
Macron called for the Euro to replace the dollar (which is laughable) and likely marks a bottom.
Either we bounce here, or I could see the possibility of one more spike low down to the ~96 support level, but should we see a reaction there, it sets up a massive move higher in the dollar.
As you can see on the chart, we've been correcting inside of a bull flag, if we can form a low around $96-98, we will reverse and head higher to break the flag to the upside. Upside targets on the chart.
I think the bull market in the dollar is just starting, don't let the news scare you out of accumulating dollars over other fiat currencies.
GBPUSD → A false breakout can trigger a correction FX:GBPUSD is strengthening as part of the rally associated with the fall in the dollar index, but there is a technically strong resistance zone ahead that could trigger a correction...
The dollar index, due to US politics, desire for lower interest rates, tariff war, continues its decline, giving an advantage to the currency pairs of the main basket.
Against this background, the pound sterling is strengthening and is ready to test the key resistance at the moment: 1.343. The huge pool of liquidity, accumulated behind this area may not let the price up at the first time. The last test and confirmation of this level was half a year ago.
Resistance levels: 1.343
Support levels: 1.3292, 1.3207
A sharp approach to resistance, a false breakout without the possibility of growth continuation and consolidation below the resistance 1.3430 may provoke a correction in the imbalance zone or liquidity 1.3292.
Regards R. Linda!
XAU.usd watch the 22's: 3,322 then 3,222 likely targets for dip Gold may have topped, unless bulls can hold $3,322.95
Looking for minimum first Target zone $3258.64-3259.57
After a bounce we may see another leg down to $3222.15
It topped "for good" then we will quickly hit major support $3062.69-3082.58
.
Previous Analysis that caught the last Bounce at $2,964 EXACTLY:
===================================================================
Gold shorts are rampant! Can the 3300 mark be maintained?Yesterday, the international gold price fell from 3,500 USD/ounce to 130 USD, breaking through several important support levels. As of today, the lowest price reached 0.328, around 3291, which has given up all the gains this week. Focus on 0.382, 3291, within the day. If there is no break, the bulls will resist. After the break, the bears will continue to attack and look at around 3243-3228.
Spot gold today's operation strategy and key points analysis
Core view: The daily pressure adjustment continues, pay attention to the effectiveness of 3293 support in the short term, and the 3228-3240 area may become the end point of the adjustment;
The rebound is mainly high-altitude, pay attention to the 3340-3356 resistance area, and maintain a bearish outlook before stabilization;
1. Spot gold intraday operation plan
Resistance and short-selling area
Rebound: 3340-3356-3471 (4-hour middle track and MA5 daily resistance golden section 0.236)
Strategy: If the rebound is under pressure near 3340 (hourly chart K-line closes negative or stagflation signal), try shorting with a light position, stop loss above 3358, and target 3293-3280.
Aggressive short order: If the rebound is unable to break through 3335 (MA10 hourly moving average), you can enter the market in advance.
Support and potential bottom-picking area
First support: 3291 (Daily MA10 382 retracement)
Observation signal: If it rebounds and recovers 3291 after a rapid decline, you can short (light position), stop loss 3285, target 3340.
Strong support area: 3228-3240 (50% retracement, previous starting point)
Strategy: When it touches around 3228 for the first time, combined with bottom divergence or long lower shadow, try long with light position, stop loss 3210, target 3280-3300.
Breakthrough market response
Unexpectedly break through 3358: If the hourly chart closes at 3358, short orders will be temporarily exited, pay attention to the counter-pressure of 3380 (4-hour middle track), and short orders can still be tried.
Potential opportunities for bottom-picking in the market: focus on 3240-3228-3167
IV. Summary
Main idea: rebound high and high, focus on 3340-3356-3371*, if it does not break, continue to adjust;
Bottom-picking opportunity: wait for the stabilization signal in the 3228-3240-3167 area, and it is safer to trade on the right side;
Short-term trading depends on the system, and the market depends on the level. Short-term trading is high frequency, fast in and fast out. It is obviously impossible to pursue a high success rate in this model. Therefore, it can only rely on the system to win. There is a clear trading system, stop loss and stop profit system and risk control system. As long as these are done well, short-term trading can also make money. Moreover, short-term trading is a compulsory course for every trader. The market is the core of the real path to profitability, leapfrogging and successful trading, which requires considerable accumulation and precipitation, including the accumulation of mentality, funds, and technical level, and the market is also the path that every trader must reach and must eventually reach and move towards.