GOLD (XAUUSD): Classic Breakout TradeGold broke through and closed below an important intraday horizontal support level.
Following the breakout, the price retested the broken structure and began consolidating within a range.
A bearish breakout from this range is a significant intraday bearish signal.
The deep retest of the range increases the likelihood that the breakout is legitimate.
It is anticipated that the price will decline to at least 2850.
Trend Lines
BTC/USDT 30M Chart🔹 Asset: Bitcoin (BTC/USDT Perpetual Futures)
🔹 Timeframe: 30M (30-Minutes)
🔹 Exchange: MEXC
📊 Market Overview:
BTC remains in a strong downtrend, respecting a descending trendline. Recent price action suggests a potential short-term reversal or pullback, contingent on bullish confirmation at the marked reversal area.
📉 Key Technical Insights:
✅ Lower Highs & Trendline Resistance: BTC is struggling to break above a key diagonal resistance, reinforcing the bearish structure.
✅ Reversal Area: A key demand zone has been identified around $83,500 - $83,000, where buyers may step in.
✅ Candle Confirmation Needed: A bullish engulfing or hammer candlestick formation in the reversal area could signal a pullback towards $84,500 - $85,000.
📌 Potential Trade Scenarios:
🔻 Bearish Continuation: If BTC fails to hold the reversal area, further downside towards $82,500 or lower is likely.
🔺 Short-term Bullish Reversal: A confirmed bullish candlestick formation could push BTC back to $85,000, where sellers might re-enter.
📢 Final Thoughts:
BTC is in a downtrend, but a temporary relief rally is possible if strong bullish confirmation appears at the support zone. Traders should wait for price action signals before entering.
🔔 Stay alert and manage risk wisely! 🚀
The bears haven’t gone away, continuing to short gold!Bros, I want to say that 2868 is definitely not the lowest point at the current stage, and the bears have not stopped roaring. After gold falls below 2970, market panic will lead to deep selling, which will drive gold prices further down.
So the bears have not left yet, and any rebound is an opportunity to short gold. As the center of gravity of gold prices moves down, the current resistance has moved down to the 2895-2905 zone again. If gold remains below this area, I think gold is likely to move towards the 2840-2830 zone next!
Bros, profits are the ultimate goal in trading. Accumulating profits is what changes lives and destinies. Choosing wisely is far more important than just working hard. If you want to replicate trade signals and earn stable profits, or if you want to deeply learn the correct trading logic and techniques, you can consider joining the channel at the bottom of this article!
#CAKEUSDT – Bearish Scenario, Expecting a Breakdown📉 SHORT BYBIT:CAKEUSDT.P from $2.030
🛡 Stop Loss: $2.058
⏱ 1H Timeframe
⚡ Trade Plan:
✅ The BYBIT:CAKEUSDT.P price previously formed a Falling Wedge pattern and three bottoms (Bottom 1, Bottom 2, Bottom 3), followed by a bounce.
✅ However, the asset is trading below POC (Point of Control) at $2.504, which acts as strong resistance. If the price fails to hold above the current levels, a downward continuation is likely.
🎯 TP Targets:
💎 TP 1: $2.008
🔥 TP 2: $1.986
⚡ TP 3: $1.970
📢 A close below $2.030 would confirm further downside movement.
📢 POC at $2.504 is a key volume area acting as resistance.
📢 Increasing volume on the decline signals strong seller activity.
📢 Taking partial profits at TP1 ($2.008) is a smart risk-management strategy.
🚨 BYBIT:CAKEUSDT.P remains under selling pressure – monitoring for confirmation and securing profits at TP levels!
EURUSD BUY...hello friends
As you can see, the price is correcting and we have identified its important supports for you.
Each of the supports is very important and we expect a reaction from each of them...
So here we can give you two suggestions:
1_React on any trade support (buy in low time and get fast)
2- In the 4 specified support areas, open a purchase transaction step by step, which is the same way we suggest to you.
*Trade safely with us*
The JSE Top40 Medium-Term ViewThe JSE Top40 is at a point of a relief rally though the bigger picture is that of a yearly decline. So the expectation is that we can rally while expecting price to be capped by the black trendline, we either make it there or we turn down before reaching this point. Longer term I expect price to trend towards the green support line. Since we must breach this line, My interest will be on the grey horizontal line for support. A t the back of my mind is the COVID drop scenario, this is where we get extreme moves downwards representing a continuation of current cycle, otherwise without that scenario we would have a tough quarter one and two of 2025.
We have been in recession like conditions and so far, we could be going through a silent recession whereby conditions point that way but the economic measures do not confirm, does not help that US being leader in market sentiment has had war excursions to affect the indicators as well as constant revisions of the unemployment figures. The coming of Trump might cause war spend to decrease unraveling the dire state of the economy. It is best for traders to be aware of such a scenario and effect on the markets.
A BEAR TRAP coming up!!??As we can see NIFTY has formed more like an inverted flag-pole structure which signified bearish continuation but since it is trading around strong demand zone, it can potentially give false breakdown resulting in a TRAP and this trap could potentially change the overall structure of the market and can close inside the pattern hence we should wait for closing below the pattern to confirm the breakdown else the bear trap could trap us so plan your trades accordingly.
Short gold, Target: 2940-2930Bros, I want to say that 2868 is definitely not the lowest point at the current stage, and the bears have not stopped roaring. After gold falls below 2970, market panic will lead to deep selling, which will drive gold prices further down.
So the bears have not left yet, and any rebound is an opportunity to short gold. As the center of gravity of gold prices moves down, the current resistance has moved down to the 2895-2905 zone again. If gold remains below this area, I think gold is likely to move towards the 2940-2930 zone next!
Bros, profits are the ultimate goal in trading. Accumulating profits is what changes lives and destinies. Choosing wisely is far more important than just working hard. If you want to replicate trade signals and earn stable profits, or if you want to deeply learn the correct trading logic and techniques, you can consider joining the channel at the bottom of this article!
chasing $NLY. Can't help myselfI am buying some NYSE:NLY , even though the stock is very overbought in the short term (see Money Flow Indicator at bottom of chart). I like the breakout through the dotted line connecting the highs from Oct 10 and Nov 17. After breaking through this morning the stock pulled back underneath the dotted line, but has now recaptured the high.
I believe that the macro environment supports the idea that the lows may be in for the mortgage REITs. This one trades at roughly 1x book value, while offering a 14%+ dividend. The timing might not be ideal on short time scale (again, it's overbought) but this is intended to be a long-term hold and I don't want NYSE:NLY to completely get away from me.
GOLD – Bearish Momentum Below 2918, Eyes on 2895 BreakdownGOLD (XAUUSD) Analysis – February 26, 2025
🔸 Bearish Momentum Strengthens Below 2918
Gold remains under bearish pressure, having failed to hold above the pivot level of 2918, reinforcing downside momentum. The price is currently testing lower levels, with an initial target of 2905, followed by 2895.
📉 Bearish Outlook: A 4H or 1H candle close below 2918 will likely accelerate the bearish continuation toward 2905 and 2895, a critical support area where price action may stabilize or extend further downside.
📌 Bullish Recovery: If Gold reclaims 2918 on a 4H candle close, price volatility is expected within the 2918 - 2935 range before confirming the next move. A break and close above 2935 could trigger a push toward 2954 and 2974.
⚠️ Market Impact: With heightened market volatility and ongoing geopolitical uncertainties, investors should monitor key levels closely, as Gold tends to act as a safe-haven asset during economic instability.
Key Levels to Watch:
🔸 Resistance: 2935 | 2945 | 2954
🔹 Pivot Level: 2918
🔻 Support: 2906 | 2895 | 2880
📉 Bias: Bearish below 2918, with a key breakdown level at 2895 to confirm further downside.
UNIVERSOFSIGNALS | VET : a Layer 1 projectLet's quickly dive into VET, a Layer 1 project with a market cap of $2.37 billion, currently ranked 41st in coin market cap.
📊 In the 4-hour timeframe, you can see that a descending triangle has formed, and the floor of this triangle at $0.03068 has been broken, with the price now touching an important daily support at $0.02673.
⚡️ The RSI oscillator, following the triangle break, entered the oversell zone and, after concluding the downward leg, has rebounded above this zone, approaching the 50 area.
⭐ The volume aligns with the downward trend, and if the support at $0.02673 breaks, we could witness the next leg down. The next price support would be at $0.02406.
📈However, if the price moves back above $0.03068, it could indicate that the downward trend has ended. In this case, a risky long trigger would be at $0.03580, and the main long trigger would be at $0.03958. This reversal would suggest potential upward momentum, providing opportunities for long positions.
Price Reversal in Play: Key Levels and Targets to WatchAfter analyzing multiple timeframes, we can see that the price started trading within a large channel from Friday, 15th March 2024. The channel’s upper boundary acted as a strong resistance on Thursday, 31st October 2024, at 2790. Both the upper and lower boundaries of the channel have consistently functioned as key support and resistance levels.
The price reached an all-time high (ATH) of 2955, where it struggled to break through the channel’s upper boundary. Given the historical respect for these channel lines, we now anticipate a potential reversal. The price has already started to turn around, and to confirm this reversal, we need to see a break below both the trendline and the support level.
Once confirmed, your targets will be:
• 1st Target: 23.60% (2867)
• 2nd Target: 38.20% (2813)
• 3rd Target: 50.00% (2770)
• 4th Target: 61.80% (2726)
Make sure to follow proper risk management.
Happy Trading! Don’t forget to follow for more updates. 🚀
Reece Ltd Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Reece Ltd Stock Quote
- Double Formation
* Trendline 1&2 | (Wedge Structure)) | Completed Survey
* (Descending Triangle) | Entry Feature & Short Support | Subdivision 1
- Triple Formation
* (Downtrend Argument)) | Short Term Bias | Subdivision 2
* 0.786 Retracement Area | Valid Entry Feature | Subdivision 3
* Daily Time Frame | Trend Settings Condition
- (Hypothesis On Entry Bias))
* (Downtrend Argument))
* Ongoing Entry & (Neutral Area))
Active Sessions On Relevant Range & Elemented Probabilities;
European-Session(Upwards) - East Coast-Session(Downwards) - Asian-Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Sell
Genus PLC Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Genus PLC Stock Quote
- Double Formation
* (Midpoint) At Retracement Area | Completed Survey
* Pattern Confirmation | Entry Feature & Long Support | Subdivision 1
- Triple Formation
* 1.618 Retracement Area | Long Support | Subdivision 2
* 0.786 Retracement Area | Bias & Entry Settings | Subdivision 3
* Daily Time Frame | Trend Settings Condition
- (Hypothesis On Entry Bias))
* (Uptrend Argument))
* Ongoing Entry & (Neutral Area))
Active Sessions On Relevant Range & Elemented Probabilities;
European-Session(Upwards) - East Coast-Session(Downwards) - Asian-Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy
BTCUSD Bearish Breakdown – Key Support in Focus!BTCUSD Analysis – February 27, 2025
Bitcoin Sentiment Hits 2022 Lows as Fear & Greed Index Falls to 10
📉 Bearish Momentum Persists Below Key Resistance
Bitcoin continues its bearish movement after failing to hold above 91,586 and breaking below the key resistance zone. The price is now consolidating around 86,168, with potential for further downside.
Technical Outlook
🔻 Bearish Scenario:
BTC is trading below key resistance, with rejection expected near the descending trendline around 91,586.
If the price remains below 86230, further bearish momentum could push BTC toward 76,681, with a breakdown leading to 72,600 as the next support level.
📈 Bullish Reversal:
A breakout and 4H candle close above 91,586 would indicate a potential trend reversal.
Stability above this level could trigger a push toward 96,000, but BTC must break the descending trendline for confirmation.
⚠️ Market Sentiment & Impact:
Increased volatility due to economic uncertainty and investor concerns about liquidity.
The broader macroeconomic environment and risk-off sentiment are keeping BTC under pressure.
Key Levels to Watch
🔸 Resistance: 91,586 | 96,000 | 100,000
🔹 Pivot Zone: 87,200
🔻 Support: 82,500 | 76,681 | 72,600
📉 Directional Bias: Bearish below 91,586 – A rejection from this level would accelerate downside momentum.
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