Trend Analysis
BITCOIN - Price can turn around and start to move upHi guys, this is my overview for BTCUSD, feel free to check it and write your feedback in comments👊
The price reversed its prior downtrend with a decisive breakout from a falling channel.
This breakout triggered a strong upward impulse, which then began to consolidate into a large symmetrical pennant.
However, the price recently failed to hold the lower support trendline of this pennant and broke to the downside.
The asset is currently trading just below this broken trendline, in what appears to be a liquidity grab.
To continue upwards, buyers must now overcome the immediate resistance located at the $116300 level.
I expect that this breakdown was a fakeout, and the price will soon reverse, break through the $116300 resistance, and continue its rally toward the $121000 target.
AUDNZD Technical + Fundamental Align for DownsideToday I want to analyze a short position on the AUDNZD ( OANDA:AUDNZD ) pair, first, let's look at it from a fundamental analysis perspective .
Fundamental View on AUDNZD
Key reasons to short AUDNZD:
Australian weakness:
Recent data show weakening consumer sentiment and declining building approvals. The RBA seems hesitant to hike further, putting pressure on the Aussie.
New Zealand resilience:
The RBNZ maintains a relatively hawkish stance. Inflation is still a concern, and the central bank is committed to keeping rates high, supporting NZD strength.
Monetary policy divergence:
The divergence between RBA’s dovish stance and RBNZ’s hawkish approach supports further downside in AUDNZD.
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Now let's take a look at AUDNZD from a technical analysis perspective on the 4-hour timeframe .
AUDNZD is currently trading in a Heavy Resistance zone(1.0963 NZD-1.0870 NZD) near the upper line of the Range Channel , Potential Reversal Zone(PRZ) and Yearly Pivot Point .
In terms of Elliott Wave theory , AUDNZD appears to be completing microwave B of microwave Y of the main wave 4 .
I expect AUDNZD to drop to at least 1.0904 NZD(First Target) based on the above explanation .
Second Target: 1.0886 NZD
Note: Stop Loss(SL): 1.0963 NZD
Please respect each other's ideas and express them politely if you agree or disagree.
Australian Dollar/New Zealand Dollar Analyze (AUDNZD), 4-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
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#BTC Update #14 – Aug 02, 2025#BTC Update #14 – Aug 02, 2025
Unfortunately, Bitcoin has closed below its current channel and now appears to be retesting that level. If this retest confirms, I expect a pullback down to the $110,000 zone. However, if Bitcoin manages to re-enter the channel, its first target will be $118,800. Although it’s a descending channel, moving within it suggests a relatively stable market. Closing below it may not end well and could deepen the retracement. That's why I recommend caution with all coins right now.
Even though it seems like a distant possibility at the moment, don’t forget there’s also an imbalance zone around the $103,500 level. A sharp wick or a significant drop could bring Bitcoin back to revisit that area. The probability is currently low, but it can’t be ruled out completely. I don’t recommend rushing into any long or short positions at this stage.
BTCDOM : Near to breakout from trendline resistanceBitcoin dominance is nearing a breakout from trend line resistance. Keep a close watch as a breakout from here could lead to a short-term market correction, negatively affecting altcoins. Stay cautious with your long positions and use proper stop loss strategies.
KEEP A CLOSE WATCH ON IT
GOLD Short From Resistance! Sell!
Hello, Traders!
GOLD surged up sharply
On Friday and is already
Retesting the horizontal
Resistance of 3377$
From where we will be
Expecting a local pullback
On Monday as Gold
Is locally overbought
Sell!
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
AVAX - Trendline Break From Demand, But Can Bulls Push to $24?AVAX is showing signs of life after rebounding cleanly off a local demand zone near $21 and breaking its recent downtrend line. This structure opens the door to a possible short-term rally — with first resistance sitting near $23.80 and a secondary target at $26.60. However, Stoch RSI is already pushing into overbought, so momentum must sustain or risk another fade.
A retrace to retest the broken trendline and hold would add confluence for longs. If that fails, bulls may get trapped.
📌 Demand bounce
📌 Trendline break
📌 Eyes on follow-through to reclaim higher levels
This is early-stage structure shift — not confirmation yet, but worth watching.
RNDR/USDT at a Critical Turning Point: Golden Pocket as the Key?✨ Overview:
Render Token (RNDR) is currently testing a crucial support zone — the Golden Pocket Fibonacci Retracement between 0.5 (3.616) and 0.618 (3.385). This zone not only represents a significant retracement level but has historically acted as a strong demand area, often serving as a springboard for major price reversals.
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🧠 Detailed Technical Analysis:
🔸 Support Zone & Golden Pocket
Price has retraced back to the 0.5 – 0.618 Fibonacci zone, a high-probability reversal area.
This zone has acted as a demand base multiple times since February 2025.
How the price reacts here will likely define the next major trend direction.
🔸 Market Structure
The overall structure shows a mid-term downtrend, marked by lower highs and lower lows.
However, the current price action shows slowing bearish momentum, indicating potential hidden accumulation.
A potential double bottom pattern could be forming, hinting at a bullish reversal if confirmed.
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📈 Bullish Scenario:
1. Strong Rebound from the Golden Pocket
Watch for bullish candlestick patterns (e.g., pin bar, bullish engulfing) near $3.38–$3.61.
Initial resistance levels: $4.16 – $4.72
If broken, mid-term targets could extend to $5.47 – $6.68
2. Double Bottom Confirmation
A confirmed double bottom with a neckline breakout around $4.16 would greatly strengthen bullish momentum.
3. Increased Buying Volume
A spike in volume during the rebound would validate bullish sentiment and potential trend reversal.
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📉 Bearish Scenario:
1. Breakdown Below the Golden Pocket
If the price breaks below $3.385 with strong volume, we could see a move down toward $2.77, the next significant support.
2. Weak Bounce / Lower High
A failed breakout above $4.16 may indicate a bearish continuation after a temporary relief rally.
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📌 Summary:
RNDR is currently at a technically sensitive zone. The Golden Pocket between $3.38 and $3.61 is the key area to watch. A strong bullish reaction could signal the start of a trend reversal, while a breakdown could trigger further downside continuation. Traders are advised to wait for clear confirmation via price action before committing to any strong positions.
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🔖 Key Levels to Watch:
Level Description
3.38 – 3.61 Golden Pocket (Potential Buy Zone)
4.16 Minor Resistance
4.72 Bullish Breakout Trigger
5.47 – 6.68 Mid-Term Reversal Targets
2.77 Strong Support if Breakdown Occurs
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🧩 Chart Patterns Observed:
Potential Double Bottom – early bullish reversal signal.
Golden Pocket Reaction Setup
Descending Structure – still intact but weakening.
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🔍 Trade Ideas:
🔄 Wait-and-see approach: Wait for clear bullish confirmation on daily candles.
🎯 Aggressive Long Entry: Around 3.40–3.60 with a tight stop-loss.
⚠️ Short Opportunity: If a strong breakdown below 3.38 occurs with volume confirmation.
#RNDR #RenderToken #RNDRUSDT #CryptoAnalysis #GoldenPocket #FibonacciRetracement #DoubleBottom #PriceAction #SupportResistance #AltcoinSetup #CryptoSignals #TechnicalAnalysis
BTC Daily Elliott Wave CountAs mentioned in my analysis on youtube post on Total Market Cap short-term, the daily bullish case is now verified, canceling the bearish case with a break through the daily bearish invalidation level.
This past week price action suggests a move towards the completion of a blue wave x. Make sure to check out my latest analysis on short-term Crypto Total Market Cap.
The link to the chart:
Bullish Count
Coinbase Stock Chart Fibonacci Analysis 080125Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 310/61.80%
Chart time frame:C
A) 15 min(1W-3M)
B) 1 hr(3M-6M)
C) 4 hr(6M-1year)
D) 1 day(1-3years)
Stock progress:C
A) Keep rising over 61.80% resistance
B) 61.80% resistance
C) 61.80% support
D) Hit the bottom
E) Hit the top
Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern.
When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point.
As a great help, tradingview provides these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved.
If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks.
If want to prefer long term range trading, you can set the time frame to 1 hr or 1 day.
BTC | Swing Plan UpdatePrice failed to break out above 1D supply and sharply rejected, losing key 4H demand at $117,300.
HTF demand at $109,000 (1D FVG + BOS + S/R) is the next major area of interest—this is where I’ll look for fresh swing setups if the market flushes further.
No need to rush new positions until a clean setup prints or levels are reclaimed.
Plan:
Wait for price to test $109,000 zone before considering a swing long.
Only consider LTF scalp longs if we reclaim the 4H BOS at $118,300.
Stay flat until high-probability entry, let the market show its hand.
CADJPY Technical & Order Flow AnalysisOur analysis is based on a multi-timeframe top-down approach and fundamental analysis.
Based on our assessment, the price is expected to return to the monthly level.
DISCLAIMER: This analysis may change at any time without notice and is solely intended to assist traders in making independent investment decisions. Please note that this is a prediction, and I have no obligation to act on it, nor should you.
Please support our analysis with a boost or comment!
HBARUSDT 12H#HBAR has formed a Double Top pattern on the 12H timeframe and has now broken below the neckline.
If this candle and the next one close below the neckline, the pattern will be confirmed and we could see further downside toward the following support levels:
🎯 $0.21906
🎯 $0.19877
🎯 $0.18721
🎯 $0.16989
🎯 $0.15514
⚠️ As always, use a tight stop-loss and apply proper risk management.
BTC/USD 1D Chart 🔼 Resistance:
• USD 123,263 - local peak, strong resistance (green line)
• USD 119,120 - level tested several times, recent reflection
• 116,224 USD - zone of previous consolidations
🔽 support:
• 110,945 USD - SMA #2 (movable average), tested in the past
• 107,804 USD - local hole
• USD 103,542 - strong support from the past (historical retention of declines)
⸻
📊 Technical indicators
📉 Trend:
• The yellow upward trend line has been broken - a potential bull weakness signal.
• The candle pierces the trend line from the bottom - it is possible to change the direction to a side or downward trend.
📈 Medium walking (SMA):
• The red SMA #1 line acted as dynamic resistance.
• The price is currently testing SMA #2 as support.
• SMA #5 (blue, approx. 98,600 USD) is very strong long -term support.
📉 Macd:
• The MacD line is below the signal line → Bear signal (Bearish).
• Red histogram - inheritance impetus is growing.
📉 RSI:
• RSI has fallen below the level of 50 → the advantage of supply.
• Currently, it is approaching the supply of supply overload (<30), which can herald the technical reflection.
⸻
🔮 Scenarios
✅ Scenario Bycza (Bullish):
• Maintenance of a price above 110.945 USD (SMA #2).
• Return above the trend line or testing USD 116,224 and piercing up.
❌ Bear scenario (Bearish):
• Loss of support to 110.945 USD → decrease to USD 107,800.
• If this does not keep the course, the next strong level is USD 103,500.
⸻
🧠 Applications:
• Short -term: the market looks weak, the candle breaks the upward trend.
• Medium -term: still in the game, but if it does not reflect from the current levels, a greater correction is possible.
• Commercial decisions: It is worth waiting for confirmation of the direction (reflection from support or continuation of declines).
XAUUSD - Daily | More Consolidation??Gold is back in the upper range of this consolidation zone. You can see the high of the range is 3430, and the low is 3240 roughly.
Bulls:
Gold is pulling back into an Inverted FVG. If the price is bullish, then we should clear the gap with ease. Gold has just eliminated 4 days' worth of choppy bearish price action. Look for gold to give clear signs to enter a buy.
**A new daily candle should appear, creating a new FVG showing buyers are winning
Bears:
So with that said... If Gold fails to remain bullish after Friday's (Aug 1st) 700-pip jump, then the iFVG may have the price react bearishly. Watch for gold to give a clear sign of rejection before entering a sell
**Price may drop to cover Friday's gap. Doesn't mean it's bearish