BITCOIN → Consolidation in a triangle amid a BULLISH TRENDBINANCE:BTCUSDT is consolidating. A symmetrical triangle is forming against the backdrop of a bullish trend. Given the current technical nuances, we can bet that this consolidation is forming with the aim of continuing growth...
Fundamental nuances have gradually improved over the past few weeks, and the cryptocurrency market has revived slightly. Technically, I like the market structure on D1. After strong growth, the price is not going to fall, consolidation is forming. The market is bullish, after 2-3 weeks of consolidation, a bullish distribution is forming. The cycle has repeated itself twice. On D1, you can see how long tails are forming downward within the consolidation, indicating that whales are buying up all attempts to fall, keeping the market away from risk zones. Accordingly, at the moment, I would say that consolidation may continue for some time, and I do not rule out an attempt to retest the triangle support before growth, or entry into a deeper zone to retest the distant liquidity zones of 101400 and 100700 before continuing growth.
Resistance levels: 103.6, 104.4, 105.0
Support levels: 102.5, 101.4, 100.6
A decline can be considered if the price breaks the triangle support and sticks to 101400, forming a pre-breakdown consolidation (if there is no upward rebound).
However, at the moment, intraday trading can be considered, i.e., from the consolidation boundaries. A signal to exit the consolidation upwards and continue growth will be consolidation between 103.5 and 105.0 and compression towards the upper boundary.
Best regards, R. Linda!
Trend Lines
EGX30 Trend Line AnalysisEGX30 stock is currently falling but rebounded at the support line 31,365.902. In case of taking an upward trend it is expected to breach the resistance line at 31,543.291, then reach the resistance line at 31,681.261. In case of falling it's expected to break the 1st support line 31,316.627 then the 2nd support line 31,227.932, then the 3rd support line 31,198.367
3235 line becomes short-term resistance? Golden layout at night!🗞News side:
1. Trump's dialogue with Russia and Ukraine on ceasefire
2. The seriousness of the situation in Israel
📈Technical aspects:
In the short term, the three key factors affecting the gold market are the certainty of tariff policies, geopolitical risks, and the pace of the Fed's interest rate cuts. The Russian-Ukrainian conflict is a tail risk that deserves attention. Its impact on the global order far exceeds other geopolitical conflicts. It is expected that the conflict may see a key turning point in May and June, and the Fed's interest rate cut is likely to be implemented in the third quarter. At that time, the gold and silver markets may face greater negative pressure, and prices may fall back to 3000-2800 or even lower. Technically, the double top pattern at the daily level has been established. Although there is a certain resistance at the 3235 line of gold in the short term, considering the tail risk, the possibility of evolving into a triple top cannot be ruled out, and we need to be vigilant against the inducement of multi-money rises and washes.
🎁BUY 3220-3215
🎁TP 3230-3240
🎁SELL 3250-3255
🎁TP 3235-3225
If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices.
OANDA:XAUUSD FX:XAUUSD TVC:GOLD FXOPEN:XAUUSD FOREXCOM:XAUUSD
AUDCHF: More Growth Ahead 🇦🇺🇨🇭
AUDCHF strongly reacted to a rising trend line on a daily.
The price formed an ascending triangle pattern on a 4H time frame
and is now breaking its horizontal neckline.
I expect a bullish continuation to 0.540 / 0.543 levels.
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USD/CAD Coiled for Breakout Ahead of Canada CPIThe USD/CAD rally failed into confluent uptrend resistance at the 200-day moving average last week with price breaking below the median-line today in early U.S. trade- threat for a deeper set-back here towards the 2022 high close / 2023 high at 1.3881/99 and the 61.8% retracement at 1.3852.
Losses would need to be limited to this slope IF price is heading higher on this stretch with a close above the 200DMA (currently ~1.4016) needed to fuel the next leg of the advance. Keep in mind we have Canada CPI on tap tomorrow.
-MB
Cup & Handle Pattern Breakout - ASTRALTechnical Analysis:
Current Price: ₹1419 (as per the image)
Target 1: ₹1600 (based on small Cup & Handle breakout, potential 200 point return)
Target 2: ₹1850 (after Super Trendline breakout)
Timeframe: 1 to 3 months (for targets to be achieved)
Integrated Analysis:
Bullish Technical Setup: You've identified a potential small Cup & Handle breakout, which, if confirmed with strong volume, could lead to the initial target of ₹1600. The subsequent Super Trendline breakout would further strengthen the bullish case and support the higher target of ₹1850.
High P/E: Astral trades at a significantly higher P/E (73.1) compared to the industry average (26.5). This suggests that the market has high growth expectations for the company.
Mixed EPS: While the latest quarter's EPS (₹4.25) is slightly higher than the previous quarter (₹4.09), the overall Profit Growth is negative (-7.52%). This indicates that while the company is profitable, its profitability has declined year-over-year.
Positive EPS Trend: The EPS of ₹19.6 is higher than the EPS preceding year of ₹17.0, and the EPS last year, which is ₹20.3.
Key Factors to Monitor:
Breakout Confirmation: As always, strong volume is crucial to confirm the validity of both the Cup & Handle and the Super Trendline breakouts.
Sustainability of Growth: The company needs to demonstrate that it can return to a positive profit growth trajectory to justify its high P/E ratio.
Future Earnings: Upcoming quarterly results will be critical to see if the company can maintain or improve its EPS.
Industry Dynamics: Any positive developments in the pipes and fittings sector could benefit Astral.
Conclusion:
The technical setup suggests a strong bullish potential for Astral, with targets of ₹1600 and ₹1850. However, the high P/E ratio and negative profit growth are important considerations. The market is likely pricing in future growth, and the company's ability to deliver on these expectations will determine whether it can reach these targets
USD Bulls Battle at SupportThe U.S. Dollar dropped into support early in the week at 99.95-100.15- a region defined by the 50% retracement of the late-April advance, the 2023 low-day close, and the 2024 low. Note that the 100% extension of the decline rests just lower at 99.55 and losses would need to be limited to this level IF Euro is heading higher on this stretch.
Initial resistance is at with the Friday close at 100.98 with a breach / close above the September high / high-day close (HDC) at 101.77/92 needed to fuel the next leg of the advance.
-MB
Beware of a sharp surge at the beginning of the week!🗞News side:
1. The India-Pakistan conflict has been eased, but India has increased its troops in Kashmir
2. The situation between Russia and Ukraine has escalated again
3. Trump has asked Walmart to absorb the impact of tariffs on its own
📈Technical aspects:
Gold jumped higher in the Asian session in the morning and once tested the 3250 resistance line. In the short term, the upward space is limited and there is a certain suppression. At present, gold is testing the 3210-3200 support level again. Judging from the 4H chart, if the gold price breaks through this short-term support level, it is likely to go to the 3170 level next, or even test the strong support level of 3150. If it gets effective support at 3210-3200, gold may test the resistance area again. Therefore, in the short-term trading in the Asia and Europe sessions, maintain the high-level short-selling and low-level long-selling cycle to participate. On the upside, focus on the 3250-3260 resistance area. If it breaks through, it is expected to look towards the 3300 line. On the downside, focus on the 3210-3200 support line. If it breaks through this support, look to the 3170-3150 important support.
If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices.
FOREXCOM:XAUUSD FXOPEN:XAUUSD TVC:GOLD FX:XAUUSD OANDA:XAUUSD
Buy gold, it is expected to hit 3280-3290Fundamentals:
1. Focus on the speeches of Fed officials;
2. Pay attention to Trump's calls with Putin, Zelensky and others;
Technical aspects:
Gold continued its rebound momentum today, but failed to break through the short-term resistance area of 3250-3260 many times. However, after multiple tests, it will become easier to break through this area.
According to the current structure, gold rebounded from around 3120, and then built a secondary low point structure around 3154. Today, during the Asian session, it built a structural retracement area around 3206 again. As the low point is continuously raised, an obvious bullish structure is formed in the short term. For short-term trading, we can start to try to go long on gold based on the structural form; if gold successfully breaks through the 3250-3260 area, gold will continue to the 3280-3290 area, or even the area around 3320.
Trading strategy:
Consider going long on gold after gold retreats to the 3225-3215 area, TP: 3250-3260
Bet on a short position near 3265!
On Monday, the international gold price rose again by more than 1%. Benefiting from the weaker US dollar and the boost of safe-haven demand, gold first fell to 3206 and then rebounded to 3250, reversing the decline in the early trading. Gold has been under pressure in recent weeks because the market has gradually digested the expectation of stagflation and repriced the expectation of interest rate cuts. The market currently expects the Federal Reserve to cut interest rates by about 58 basis points by the end of the year, while the expectation at the peak of panic in April was as high as 120 basis points.
Views on the trend of gold in the evening!
The market trend in the past few days is a little speechless for friends who like unilateralism. The market is nothing more than falling or rising first, but basically it rises as much as it falls, and it always fluctuates back and forth in a range. This is actually quite similar to the trend last week. It is nothing more than not as drastic as last week. Tonight, I still prefer to see shocks rather than breakthroughs! The upper resistance is at the previous high of 3265±3, and the lower support is to continue to look at the 3200 integer mark!
From the hourly chart, the step-by-step rise is quite obvious, but the first resistance is at 3251. Only after the rise can we continue to see the suppression of 3265. So for today, the position near 3251 is the first attempt at short positions, and the second is 3265. If the rebound is in place, we will continue to play a short position. It is not a big problem to see a profit of 20 to 30 points. If it falls directly below 3200, there will be more room for surprises!
Gold: Short when it rebounds near 3251, defend above 8 US dollars, and if you are prudent, just wait for 3265, and target the 3230-20 line!
ETH + ALTSEASON | NEW All Time Highs Soon ??This would have been the first time that BTC made a new ATH during a bullish cycle, but ETH didn't - are we too hasty?
Very interesting to compare the two side by side and see that ETH has much more to gain than BTC:
The BTC new ATH update can be found here:
______________________
BINANCE:BTCUSDT BINANCE:ETHUSDT
Cup & Handle pattern and Trendline Breakout - DELHIVERYTechnical Analysis:
Current Price: ₹351.25 (Note: Live prices can fluctuate. As of the market close today, Delhivery closed around ₹350.60 on the NSE).
Target: Your target of ₹410 suggests a potential upside.
Trendline Breakout: Breaking above a significant downtrend line can indicate a shift in momentum towards an uptrend.
Cup & Handle Pattern Breakout Confirmation: The confirmation of a breakout from a Cup & Handle pattern is a bullish continuation signal, suggesting a potential move higher.
Time Frame: A 1 to 3-month timeframe is reasonable for these patterns to play out if the breakouts are sustained.
Confirming the Breakouts:
Volume: It's crucial to assess if both the trendline and Cup & Handle breakouts were accompanied by a noticeable increase in trading volume. Strong volume adds conviction to the validity of the breakouts.
Sustainability: Monitor if the price holds above the breakout levels in the coming trading sessions.
Potential Upside:
Target (₹410): Represents a potential upside of approximately 16.7% from the ₹351.25 level (or around 17.0% from the ₹350.60 closing price).
Quarterly and Yearly Results & EPS Comparison:
Based on the information available up to the latest reported quarter (December 2024) and the previous fiscal year (FY24):
Latest Quarter Result (December 2024 - Q3FY25): Delhivery reported a consolidated net profit of ₹11.7 crore, compared to a loss of ₹102.9 crore in the same quarter last year. Revenue from operations increased by 19.8% YoY to ₹2,020.7 crore. This marked their second consecutive profitable quarter.
Yearly Result (FY24): For the full fiscal year ending March 2024, Delhivery reported a net loss of ₹1,007.4 crore on a revenue of ₹7,863.7 crore.
EPS Comparison:
Quarterly EPS (December 2024): ₹0.02 (positive), compared to ₹-1.41 in December 2023.
Yearly EPS (FY24): ₹-13.80.
We will need the results for the quarter ending March 2025 (Q4FY25) and the full fiscal year ending March 2025 (FY25) for the most up-to-date comparison. These are expected in the coming weeks. The recent profitability is a significant positive development.
P/E Comparison:
Given that Delhivery has only recently turned profitable, a traditional P/E ratio might not be the most meaningful metric right now. Investors will likely be focusing on the sustainability of their profitability and future growth prospects. As they continue to report profits, a P/E ratio will become more relevant for valuation comparison with peers in the logistics and e-commerce enablement space.
Corporate Action:
As of the latest information, there haven't been any recent significant corporate actions like dividends or stock splits announced by Delhivery. Investors should keep an eye on any future announcements from the company.
Latest News (as of May 19, 2025):
Recent news around Delhivery has been largely positive, focusing on:
Return to Profitability: The consecutive profitable quarters (September and December 2024) have been a major highlight, indicating a turnaround in their financial performance.
Focus on Efficiency and Cost Optimization: The company's efforts to improve operational efficiency and optimize costs are being recognized as key drivers for their profitability.
Growth in Key Business Segments: Reports often highlight the growth in their express parcel and supply chain services.
Analyst Upgrades: Following the positive results, some analysts have upgraded their ratings and price targets for Delhivery.
Partnerships and Expansions: Any news regarding new partnerships or expansion of their network and services is usually viewed positively.
Key Factors to Monitor:
Breakout Sustainability: Watch if the price holds above the breakout levels with good volume.
Upcoming Q4 & FY25 Results: These will be crucial to confirm the sustainability of their profitability and provide further direction for the stock. Look for the announcement dates.
Operational Efficiency: Continue to monitor the company's progress in improving efficiency and reducing costs.
Competition and Industry Trends: Keep an eye on the overall logistics and e-commerce landscape in India.
In conclusion, the potential Trendline and Cup & Handle breakouts on Delhivery, coupled with the recent return to profitability, suggest a bullish outlook with your target of ₹410 within a 1 to 3-month timeframe. However, it's important to monitor the sustainability of the breakouts, closely watch the upcoming full-year results, and consider the overall market sentiment and industry dynamics.
BTC 117K?Hello fellow chart enthusiast 👋
This is an idea that i had inside my head 🧠 :
Daily TF
Move down to 95K
Liquidity-rich Zone sat between 113K - 118K.
Connecting the 2 highest wicks you can see a trend line which is where I believe BTC might go to next.
This would absorb all of the short liquidity from the market and give BTC holders a false sense of confidence
Shortly followed by an aggressive move to the downside 📉
Long term target: Dec 2025 @ $125K (ish)
It’s the right time to shortUS President Trump recently criticized Fed Chairman Powell again, calling him "slow to act" and emphasizing that the Fed should cut interest rates as soon as possible to support the economy. Trump believes that delaying interest rate cuts may lead to the risk of recession in the US economy, but the Fed still takes inflation and employment data as the core of decision-making, and the two sides have obvious differences in policy positions.
At present, the Fed's interest rate cut expectations have been postponed and the magnitude has been reduced. Coupled with the expectation of rising US bond yields, the gold market sentiment has weakened. The world's largest gold ETF recently reduced its holdings by 8.98 tons to 918.73 tons, reflecting the cooling of institutions' short-term bullish enthusiasm for gold. Technically, gold prices continued to weaken after breaking through key support last week, and the weekly closing was negative, suggesting that shorts were dominant; the daily level was constrained by the 20-day moving average, and the volatile downward trend may continue in the short term. Focus on the 3250-3265 line resistance during the day. If it cannot break through, the $3,200 mark below may face a test.
Gold recommendation: short sell when it rebounds to 3245-3252 range. Target 3230-3220.
The current price of gold is 3230, so go short directly!
Gold began to fluctuate in a large range. Don't chase long positions easily at high levels. Gold opened under pressure and fell back at 2350. Then the double top of gold rebounded in 4 hours and continued to fall, and then fluctuated in a large range. The current price of gold is 3230 and it is directly short!
Gold did not form an upward breakthrough in 4 hours, so it is likely to be a volatile market. Since gold is fluctuating, if gold falls below 3200 again, it may weaken further. Then gold will start to fluctuate in a large range in 4 hours. Gold rebounded under pressure and went short first.
The market is changing rapidly, and gold is now experiencing great ups and downs. In the short term, we still need to pay attention to continued highs and falls. Gold should focus on the gains and losses of the 3200 line. If gold does not break 3200 for a long time, then gold may form support, and then gold bulls will have upward momentum.
European trading operation ideas:
Gold short at 3230, stop loss at 3240, target 3200-3180;
Wyckoff Distribution Unfolding: UTAD Confirmed, LPSY In ProgressThe 4H BTC/USDT chart presents a textbook Wyckoff Distribution structure nearing completion:
• Buying Climax (BC) defined the supply ceiling
• Secondary Test (ST) confirmed resistance zone
• Upthrust After Distribution (UTAD) swept above 106K, trapping late breakout buyers
• Price is now back at triangle support, potentially forming Last Point of Supply (LPSY)
Technical Snapshot (4H):
• Current Price: 102,540
• Bollinger Bands:
▸ Upper: 105,400
▸ Basis: 103,522
▸ Lower: 101,884
• 55 SMA: 103,642
• RSI: 44.85 (bearish momentum)
• Volume: Red bars rising, above 23.7K MA
What to Watch For:
A confirmed close below the triangle apex and lower Bollinger Band, with RSI below 45 and increased volume, would solidify the LPSY and trigger a likely markdown phase. Until then, the structure remains vulnerable but unconfirmed.
Bearish Targets (if breakdown confirms):
• TP1: 100,678 (horizontal + psychological)
• TP2: 99,595–98,115 (Fib retracement zone)
• TP3: Trail below breakdown with 1% callback logic
Wyckoff Perspective:
This appears to be Phase C, following a clear UTAD. If LPSY forms and support breaks, the market transitions into Phase D with accelerated markdown potential. Holding here may imply range extension or reaccumulation — next 1–2 candles are pivotal.
Chart spoke. We listened. See how price respected every level!"Great when BOS + supply/demand lines hit perfectly.
Most traders chased the bounce.
We waited in the shadows — right at the selling zone.
Wave 4? Textbook correction.
Wave 5? That’s where the money’s made.
Elliott Wave isn’t just theory — it’s a weapon.
Break of structure? Marked.
Zone tested? Clean.
Rejection? Savage.
This is how professionals trade — not with hope, but with precision.
DXY: playing checkers while we play chess.”**
XAU/USD 4H Chart Analysis – Wave 5 Setup in PlayHey traders! Just wanted to share this clean Elliott Wave setup I’m tracking on Gold (XAU/USD).
We’ve just completed what looks like a textbook Wave (4) correction, finding support right at the lower boundary of this long-term ascending channel. Price also respected the 38.2% Fibonacci retracement perfectly, lining up around the $3,090 level. That level is acting as a key demand zone right now.
🌀 According to the wave count:
Wave (3) topped out near $3,500
Wave (4) retraced sharply into the channel base
We are now potentially at the launch point for Wave (5) — the final impulse leg
💹 Wave (5) Projection:
Targeting the upper channel boundary, which aligns closely with $3,740–$3,750
This area also completes the measured move and matches key structural confluence
📈 Technical Confluence Supporting the Bullish Bias:
RSI bounced cleanly from oversold territory
Bullish EMA crossover (20/50) is happening right near the bounce zone
We’re also seeing a break of the corrective trend line, suggesting momentum is shifting back in favor of the bulls
📍 Key Levels to Watch:
$3,149: minor pullback area / possible retest
$3,283: Fib 23.6% resistance — needs to be cleared for confirmation
$3,500: Major resistance & previous high — breakout zone
$3,747: Wave 5 target
⚠️ Invalidation Zone:
If price breaks below $3,090, and especially $3,041, I’ll be reassessing the wave count. That would suggest a deeper Wave 4 or a breakdown in bullish structure.
📌 Conclusion:
I’m watching this setup closely. Gold looks poised for a strong upside leg if current levels hold. The structure is clean, momentum is turning, and we’ve got multiple confirmations in place. I’ll be scaling in with proper risk management and looking to ride this potential Wave 5 to new highs.
Drop your thoughts below — are you long on Gold? Let’s talk setups 👇
@WrightWayInvestments
@WrightWayInvestments
@WrightWayInvestments
EUR/USD Wave 5 Setup – The Calm Before the SurgeWe're tracking a potential Wave (5) extension on EUR/USD after a clean completion of Wave (4), which bounced right from the golden zone between the 0.382–0.5 fib levels.
🔍 Structure & Context:
Wave (4) bottomed at 1.1065, aligning with key fib confluence and RSI oversold bounce.
Price is now showing early signs of bullish momentum, currently trading just under 1.1200, above the 0.382 retracement.
If this count holds, we could be entering the early phase of a bullish impulse leg toward 1.1572 and possibly 1.1755 for Wave (5).
🧩 Technical Confluences:
✅ Fib retracement support (0.382–0.5) held strong
✅ Price reclaiming 20/50 EMAs; 200 EMA still overhead but flattening
✅ RSI recovering above 47, showing room for upside
✅ Minor resistance at 1.1272 → watch for breakout confirmation
🎯 Key Levels:
Entry Zone: 1.1150–1.1190
Wave 5 Target:
⚡ TP1: 1.1388 (0.618 ext)
⚡ TP2: 1.1572 (wave projection)
⚡ TP3: 1.1755 (extended target)
Invalidation: Break and close below 1.1045
📌 Plan: Looking for bullish continuation confirmation above 1.1225 with strong momentum. Tight risk with upside reward aligning beautifully with the wave structure 📈
💬 Let me know your thoughts on this count—bullish or premature?
📊 Drop a like if you're trading EUR/USD & follow for more wave-based setups!
@WrightWayInvestments
@WrightWayInvestments
@WrightWayInvestments
Bitcoin - Bitcoin is Fighting Its Previous High!Bitcoin is above the EMA50 and EMA200 on the four-hour timeframe and is in its medium-term ascending channel. A break of the drawn trend line will lead to a decline in Bitcoin. If Bitcoin moves downwards towards the specified demand zone, we can look for its next buying opportunities. If Bitcoin is above the resistance range, it will lead to it reaching Bitcoin's previous ATH.
It should be noted that there is a possibility of heavy fluctuations and shadows due to the movement of whales in the market and observing capital management in the cryptocurrency market will be more important. If the downward trend continues, we can buy within the demand range.
According to data from Bitwise, corporate purchases of Bitcoin in 2025 have exceeded newly mined Bitcoin by a factor of 3.3. This significant gap between supply and demand signals a rising interest from institutional players in acquiring Bitcoin.
After reclaiming its $2 trillion market cap, Bitcoin surpassed Amazon and reentered the top five global financial assets. Just a week ago, Bitcoin was ranked seventh and only a month prior, it had barely managed to edge past Meta to secure a spot on the list.
The surge in Bitcoin’s price during late 2024 coincided with a sharp increase in the number of new meme coins being launched. There appears to be a clear correlation between Bitcoin’s price action and the number of tokens launched via meme coin launchpads on the Solana network.
Interestingly, this uptick in meme coin activity began in late March—well before Bitcoin’s price began its upward movement in mid-April. This early momentum is largely attributed to the rising popularity of newer launchpads such as Believe, LetsBonk, and Boop, which are now emerging as serious competitors to the well-known Pumpfun platform.
TPLP Technical Analysis(Weekly): Potential Bullish SetupTPLP (TPL Properties Ltd) has recently bounced from a monthly support level, accompanied by a strong bullish closing on the weekly chart, indicating a good discount level for potential buyers. The price also took support from a downward trendline on the weekly timeframe. While we may or may not retest the Buy 2 level, there is a probability as it aligns with a daily gap-up level that price might look to fill. After Take Profit 2, there isn't significant major resistance, suggesting the potential for the price to reach Take Profit 3. It's truly a game of probabilities, and the odds here look compelling for upside!
Trading Recommendations:
Buy 1 (CMP): 9.14
Buy 2: 7.3
Stop-Loss Level: Closing below 6
Take Profit 1: 14.7
Take Profit 2: 20
Take Profit 3: 38.5
Happy trading!