BTC PULLS BACKBitcoin has pulled back slightly after the recent surge, currently holding above the $105,500 area, which was previously resistance. This level could now act as support, though it’s early to call. The overall market structure remains bullish, with price trading above both the 50-day and 200-day moving averages, and the moving averages themselves still aligned in a bullish formation.
Volume has tapered a bit on the pullback, suggesting this might just be a healthy retracement rather than a reversal. If Bitcoin can hold this level and continue consolidating, it could set the stage for another move higher. However, a break below $105,500 could open the door for a deeper pullback, with $99,500 as the next key level to watch.
Always proceed with caution, especially after strong rallies.
Trend Analysis
SPX - June ProjectionsMay showed price heading back up to the high. This is four months now from the previous top. Generally for a major top to exhibit itself, it might take only three months to test. Four months is also not uncommon so it is possible that today's close will be last positive monthly close in a while.
I expect that the price will continue to rise, probably above the 6010 level of the last monthly closing high. If price surpasses the previous monthly close high, I will be watching for a turnaround, with prices eventually closing out June to the downside.
To me, based on the 40-month moving average. I have noticed that usually waves 2 and 4 have strong support at the 40 month moving average, where more major corrections will see price go below it. As price just came down to that level and didn't break it, we are in or have finished a wave 4. I'm still looking for lower prices assuming that this wave 4 to be a Flat with more sideways action ahead.
Currently short SP
Gold Forming a Bulllish Flag- Wacthing for Breakout ConfirmationThis chart shows a potential bullish flag pattern forming on the daily timeframe for Gold Spot (XAU/USD). The pattern is composed of a strong flagpole (an impulsive upward move), followed by a descending consolidation channel, which represents a correction phase.
The price is currently moving within the flag’s range. A breakout above the flag’s resistance trendline would confirm the bullish continuation pattern, potentially targeting levels above 3,500 USD. Until a confirmed breakout occurs, price action may continue to consolidate within the flag structure.
Flagpole: Sharp upward rally from mid-March to mid-April 2025
Correction: Downward sloping parallel channel
Breakout Level: Around 3,300–3,320 USD
Volume: Decreasing during the correction, which aligns with bullish flag behavior
Suggested Action: Monitor for breakout confirmation before entering long positions
This chart is for educational and technical analysis purposes only. Always use proper risk management.
Short trade
Entry: Day TF
Trade Type: Sell-side Trade — SOL/USDT
Date: Friday, May 30, 2025
Time: 4:36 PM — London Session PM
Observed Timeframe: 15min
Entry: 163.099
Take Profit (TP): 147.229 (−9.73%)
Stop Loss (SL): 164.373 (+0.78%)
Risk-Reward Ratio (RR): 12.46
Entry Rationale: The entry at 163.099 was based on a confirmed breakdown below a key support level, signalling potential for further downside movement. The take profit level at 147.229 was determined based on the next significant support zone, aligning with a previous consolidation area.
VUZI Bullish Wedge Breakout – Targeting $3.56! 🚀
📊 Trade Setup:
Ticker: NASDAQ:VUZI (Vuzix Corp)
Chart: 15-min
Pattern: Wedge breakout + ascending support
Entry: $3.05 (breakout confirmation)
Stop Loss: $2.90 (below trendline)
Target 1: $3.28 (resistance)
Target 2: $3.56 (breakout measured move)
🧠 Why It’s Valid:
Strong uptrend with healthy pullback
Wedge breakout with volume support
Price action respecting both trendline and horizontal levels
🗣️ Social Media Caption (Post This):
⚡ NASDAQ:VUZI Breakout Trade Setup!
Clean wedge + trendline bounce — eyes on $3.56 🎯
🔹 Entry: $3.05
🔻 SL: $2.90
🎯 Targets: $3.28 → $3.56
Momentum + setup = low-risk high-reward.
#VUZI #SmallCapBreakout #TechnicalAnalysis #ProfittoPath #ChartOfTheDay #StockSetup
BBW: One of the Great Wealth Transfer BeneficiariesHey, all. Wanted to get a video made for the first time in a few weeks. I have a position in NYSE:BBW that has been doing well. In my opinion, this is a stock that is geared for further upside. Earnings have been coming in consistent and they have done a good job with their product offerings as I found out when visiting their website recently.
I do think NYSE:BBW can continue the growth, especially as more Millenials and Gen-Z have kids. The Baby Boomer generation will want to spend money on their grandkids and that should drive up cute stuffed animal sales. At any rate, please do your own research and invest carefully and wisely!
Hope you enjoy the video, and best of luck out there!
EURO - Price can make movement up and then drop to $1.1100 levelHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
Some time ago price declined inside a falling channel, where it fell to $1.0735 points and then made an upward impulse.
Price exited from channel and reached $1.1100 level, which it soon broke it and continued to move up.
Later Euro rose to $1.1425 points, and then made a correction, after which, in a short time, price rose higher this level.
After this movement, price turned around and started to decline, breaking $1.1425 level again and entered to flat.
In flat, Euro bounced from $1.1100 level and started to grow inside a flat, and later rose to resistance level.
Recently price started to decline, so I expect that Euro can rise a little and then continue to decline to $1.1100 level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
Bullish Breakout in EUR/USD: Key Levels to Watch This WeekHi everyone,
EUR/USD had a strong week, climbing higher from the May 12 low and further reinforcing our view of a potential long-term bullish trend.
We anticipate further upside towards the 1.13768–1.13940 zone, followed by a possible pullback toward the 1.1200 area. We’ll share more updates on the expected path for EUR/USD if and when price reaches that zone.
The longer-term outlook remains bullish, and we expect the rally to extend towards the 1.2000 level, as long as price holds above the 1.10649 support.
We’ll be keeping you updated throughout the week with how we’re managing our active ideas. Thanks again for all the likes/boosts, comments and follows — we appreciate the support!
All the best for the week ahead. Trade safe.
BluetonaFX
Euro may grow to resistance level and then drop to 1.1275 pointsHello traders, I want share with you my opinion about Euro. After forming a strong upward move from the buyer zone (1.11850–1.1210), the price rose sharply, broke the mid-range resistance, and entered the seller zone between 1.1380 and 1.1400. Once it reached the upper boundary of the broadening wedge, the price bounced down from resistance at 1.1380. Now the price is trading inside a broadening wedge, showing signs of a potential reversal. After failing to hold above resistance, the Euro started to decline from the seller zone, confirming selling pressure. The current movement points to a correction within the wedge structure. I expect the Euro will continue falling toward 1.1275, my TP 1, where the support line of the wedge coincides with the upper boundary of the previous buyer zone. This zone has already shown strong reactions before and could act as a short-term reversal area. Given the recent rejection from resistance, the broadening wedge formation, and return from the seller zone, I remain bearish and anticipate further decline. Please share this idea with your friends and click Boost 🚀
Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
CLSK / 2hAs anticipated NASDAQ:CLSK continued to decline of 21%, since the May high >> 11.04 so far.
It would be considered just as an initial development of correcting down in Minute degree wave ii (circled).
Wave Analysis >> Exceeding and closing the day under the boundary line of the leading diagonal confirms that the correction in wave ii (circled) is quite well underway. It will take a few weeks ahead.
The first retracement target >> 7.93
#CryptoStocks #CLSK #BTCMining #Bitcoin #BTC
Gold Pump then Dump (Sell Opportunities)Keeping it very simple, wait for China Session to lock-in its Hi of Session. It will drop for quick sells so take your money off the table as time moves along because price will return to work the Hi for London Session. London will either take China's Hi of Day/Session or work into it, trapping. (Shake out winners/ setting in London's position.) Then NY will repeat the process and either take London's Hi or work into it then get ready for the big fall traders. Friday = Closing price/Week. Please just be patience is the key, enjoy.
BTC Dominance – Round Top Pattern Brewing on 4H🔶 BTC Dominance is forming a Round Top pattern on the 4-hour chart, signaling potential reversal pressure.
🛑 Watch the key level at 63.5% dominance — a break below this could pave the way for altcoins to rally hard.
👀 This zone is critical for alt momentum shifts. Stay alert for decisive moves!
GBP/USD – Correction in Progress - Where to buy?A few days ago, I pointed out that GBP/USD broke above key resistance from above 1.34, and even cleared the psychological barrier at 1.35.
That breakout opened the door for a potential move toward 1.4000, and I suggested that traders should look for buying opportunities on pullbacks.
Well — we’re in that pullback now.
So, where do we buy?
📍 The most obvious area is the old resistance around 1.3430. But here’s the catch:
GBP/USD is notorious for fakeouts and spikes.
If price tests that level, it could easily dip under 1.34, take out stops, and only then reverse to the upside.
🛡️ Bottom line: If you’re buying the dip, set your stop-loss wisely
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
EURUSD My Opinion! BUY!
My dear friends,
Please, find my technical outlook for EURUSD below:
The price is coiling around a solid key level - 1.1282
Bias - Bullish
Technical Indicators: Pivot Points Lowanticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 1.1325
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
———————————
WISH YOU ALL LUCK