GOLD → Is $3000 still relevant? News aheadFX:XAUUSD has almost touched 2450 and without reaching the psychological target is smoothly flowing into correction with the purpose of respite and filling liquidity before the news and possible growth.
Gold is testing 2450 after Trump's new tariffs, keeping demand high. Investors are waiting for Powell's speech and U.S. inflation data, which may influence rate cut expectations and further dynamics of gold. Gold remains volatile on one side and bullish on the other side due to trade risks and Fed policy.
Technically, a correction is a logical scenario on the back of a strong market. The price cannot rise all the time, it needs energy, which is accumulated at the expense of sellers.
At the moment the emphasis is on such zones as: 2910, 0.5 fibo and 0.7 fibo.
Resistance levels: 2910, 2929
Support levels: 2898, 2882, 2870
Powell speaks tonight and tomorrow is the inflation data. High volatility is possible, but the general economic situation supports the metal.
Before further growth the price may test 2898, 2882. The target in the form of 2950 - 3000 remains relevant.
Regards R. Linda!
Triangle
LTC soars, but here’s why I wouldn’t get too excitedLitecoin is pushing almost at key resistance, potentially setting up for a move higher in the next few days. However, there are key technical factors to consider. Where would a stop-loss be placed if a breakout happened today? What kind of risk-reward ratio would we have compared to waiting for the market to turn lower from resistance, trade sideways for a few days, and then move higher? That’s what we’ll explore in this market update.
This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
HelenP. I Bitcoin will exit from triangle and reach $101K pointsHi folks today I'm prepared for you Bitcoin analytics. Looking at this chart, we can see that the price reached a resistance level aligned with the resistance zone and broke through it. Afterward, BTC continued its upward movement but eventually corrected, dropping below the 102600 level. However, it quickly reversed direction and made a strong upward impulse, breaking through the 102600 level once again. The price hovered around the 102600 level for some time before breaking below it and continuing to fall. Following this move, BTC reversed direction and, in a short period, rallied to the trend line, breaking the 102600 level yet again. After that, the price began to decline within a triangle pattern and soon dropped through the 102600 level, reaching the support zone, which coincided with a key support level. From there, BTC made a sharp upward move to the resistance level but immediately corrected again. Bitcoin fell to the support level and then rebounded upward. At the moment, it’s trading near the trend line. I expect that BTCUSDT will make a minor correction before rebounding to 101K, breaking through the trend line, and exiting the triangle formation. If you like my analytics you may support me with your like/comment ❤️
Beginning of the altseason or the last shakeout?Hello Traders 🐺,
In my last idea about BTC.D, I mentioned that this huge wick to the upside indicates that the BTC season is nearing its end , and we are now on the verge of entering the Altcoin season . But what makes me so confident about this?
As you can see in the chart above , we’re currently facing a strong weekly resistance at the 64% level, which has been a key point in the past. After the market’s most recent capitulation, we saw a massive dump in Altcoins , while BTC only corrected by 10% —a normal and expected move. But here’s the critical takeaway:
🔑 This means that Altcoins are now being traded at extremely undervalued levels.
So, why am I saying this with such confidence? Keep reading to find out why these levels present a major opportunity for the upcoming Altcoin season!
The Final Phase of BTC Season? The Big Altcoin Opportunity!
Currently, the chart is shaping something very similar to an ascending triangle—a pattern that’s typically bullish, especially when the overall trend for BTC.D is strong. But here’s the catch: a trend is our friend… until it ends!
🔥 And the key part? " Until it ends !" Yes, we are very close to that moment!
Why? The answer lies within the ALTCOIN/BTC charts . Right now, almost every single altcoin you can think of is down by a massive 90% from its all-time high against BTC ! This is not just a number—it’s a huge signal that there’s barely any room left for altcoins to go lower compared to BTC.
All the pieces of the puzzle are falling into place, and they’re spelling out one clear message:
💡 BTC dominance is nearing its peak, and we are extremely close to the bottom for altcoins—if we’re not already there!
The real question is: Are you ready for what’s coming next? Stay sharp, stay informed, and make sure you don’t miss what could be the biggest opportunity of the cycle!
BTC H4 Liquidity Valid Area! Read ChartHello Traders!
BTC is trading in triangle and also respecting to support area, in H4 there is liquidity to my marked level, BTC CRYPTOCAP:BTC definitely would sweep it. but first need rectangle breakout confirmation.
Support: 92600-91700
Resistance: 107000
Liquidity: 104450
Like my idea if you like it
Communist Land Expropriation Fun IncomingThe idiot Ramaphosa and his stalwart of Cadre's fail to understand that land was not gridded off before the West came. Not one fence. Not one road. Land was not "Land" in the same way it's being categorized in the redistribution laws (lately approved).
There was not a phone in sight. Not a map. Just teritorial p***sing ground for warring tribes. Territories would shift according to whichever tribe was more aggressive. One day it was Chief Ngqika ka Mlawu of the Xhosa's land. The next it was Shaka Zulu. And so it had been for hundreds of years with Khoi San having been invaded before then.
Hence the idea is idiotic from the start. But that won't stop him from juicing the last stores of wealth out of the country to preserve his power.
When the US inherets western skill-forces, the Dollar will further appreciate. White South Africans being among the most skilled people in the world - Musk being the prime example, but many others:
1. Mark Shuttleworth
An entrepreneur and philanthropist, Shuttleworth founded Thawte, a company specializing in digital certificates and internet security, which he sold to VeriSign in 1999. He later established Canonical Ltd., the company behind the Ubuntu operating system. In 2002, Shuttleworth became the first South African in space as a space tourist aboard a Russian Soyuz mission.
(BRITANNICA.COM)
2. Roelof Botha
A venture capitalist and company director, Botha has been influential in Silicon Valley. He played a significant role in the early stages of companies like YouTube and is a partner at Sequoia Capital, a leading venture capital firm.
(MG.CO.ZA)
3. Vinny Lingham
An internet entrepreneur, Lingham co-founded and served as CEO of Gyft, a mobile gift card company acquired by First Data Corporation in 2014. He is also the co-founder and CEO of Civic, a startup focusing on identity protection and management.
EN.WIKIPEDIA.ORG
4. Lyndon and Peter Rive
Brothers Lyndon and Peter Rive co-founded SolarCity, which became the largest provider of residential solar energy services in the U.S. Their efforts have significantly contributed to the adoption of clean energy solutions across the country.
MG.CO.ZA
5. Paul Maritz
Originally from KwaZulu-Natal, Maritz became the CEO of VMware, a global leader in cloud computing and virtualization technology. His leadership has been pivotal in advancing enterprise software solutions.
(MG.CO.ZA)
These individuals exemplify the diverse contributions of South African-born professionals to various industries in the United States.
This is not a race-baiting post. But the numbers are clear. And the situation seems unavoidable at this point. Ramaphosa is an idiot, and so are his crew of Zimbabwe-style know-nothings.
Learn why the Nasdaq 100 could be about to soarThe Nasdaq 100 is showing an ascending triangle pattern, suggesting a breakout toward 23,100. Trade war concerns with Mexico and Canada have eased, while China has worked around tariffs by shifting production to other countries. A break above 21,962 could push prices up 5.3%, but rising inflation near 2.9% might force the Fed to consider rate hikes. Jerome Powell’s testimony tomorrow will give us a better idea of what’s next for markets.
This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
GBPJPY: Bearish Continuation Ahead 🇬🇧🇯🇵
GBPJPY will most likely continue trading in a bearish trend
after a confirmed bearish breakout of a key horizontal support.
The broken structure and a falling trend line compose
the contracting supply zone now.
Chances are high that a bearish movement will follow from that.
Next goal - 186.0
❤️Please, support my work with like, thank you!❤️
Breakout! The start of a major downside breakout? CADNOK has been consolidating since mid-2023. Price action has formed a clear symmetrical triangle on the weekly chart. The breakout is imminent.
With the CAD's future looking gloomy, the price may finally have the momentum it needs to break the consolidation. From a technical perspective, the price is coming off daily and 4-hourly moving averages.
GOLD → The northbound train continues to make its way to 3KFX:XAUUSD continues its aggressive rally. The reasons for growth are the same as before - high economic risks. The price is getting closer and closer to the cherished goal of $3000.
Gold exceeded $2,850 at the beginning of the week in the U.S., but its growth is limited by the strengthening of the dollar due to increased trade risks.Trump announced new 25% tariffs on imports of steel and aluminum.
Gold is further supported by rising PBOC reserves and expectations of stimulus from China. However, the dollar may continue to strengthen ahead of US inflation data, limiting gold gains. Expectations of a dovish Fed and trade risks will help contain gold's decline.
Technically, the next two levels are important for us: the psychological level of 2900 and the key support of 2882.
Resistance levels: 2900 (not confirmed)
Support levels: 2882, 2870, 2855
The bulls can consolidate above 2900 without a pullback and continue the rally, but the most likely scenario is a false break of 2900, correction to 2882 to accumulate liquidity before continuing the rally northward
Regards R. Linda!
Contracting triangle on XAUHi everyone
what are you doing this days?
After a strong bullish trend from 2780 to 2880 and completing two upward legs, we are now trapped in a contracting triangle.
The scenario I anticipate for the market's next move is marked in red: an upward push toward the identified resistance zone, followed by a drop to the lower trendline.
What do you think ? comment below
I hope you capture the best profits from the market!
BITCOIN → Down to $90,000. Downside risks are risingBINANCE:BTCUSD feels the change of mood and continues to form set-ups hinting at a possible continuation of the correction. Another retest of the 90K risk zone is possible.
On the medium-term timeframe bitcoin failed to hold near ATH, in the upper consolidation range and entered the local selling zone, under the level of 99800. A negative note is felt in the cryptocurrency market, as well as a change in sentiment. Altcoins continue to break through bottom after bottom without any positive prospects. Bitcoin at this time is most likely resentful of the US governing apparatus due to the fact that no promises from Trump have been kept so far, and the price is moving into a protracted correction in the local perspective
Briefly, here's what's going on:
Expectations: Bitcoin reserve, cryptocurrency market support, transparent regulation, pumping the market ...
Reality: new scam coins created before the US election that sucked all liquidity, market manipulation, trade war with almost every country on the planet, dumping the market into the abyss.
Support levels: 95.8 (trigger), 91300, 90K
Resistance levels: 100.2, 102.67
Technically, the situation is that bitcoin may continue its decline and test 90K again, from which the risks around 90K will grow.
At the moment, the price is in consolidation between 95.8 - 100.2. A pre-breakdown consolidation is forming near the support, foreshadowing the support breakdown and further fall to 90K. But, due to the dependence of the asset before the actions of politicians in the U.S., the price may shake out to 100.2 before further falling
Regards R. Linda!
SBUX - 6 months SYMMETRICAL TRIANGLE══════════════════════════════
Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
🤝Let’s learn and grow together 🤝
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Hello Traders ✌
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment;
- since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant;
- the information that I think is important is very simple and can easily be understood just by looking at charts;
For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart.
Thank you all for your support
🔎🔎🔎 ALWAYS REMEMBER
"A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist"
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⚠ DISCLAIMER ⚠
Breakout Area, Target, Levels, each line drawn on this chart and any other content represent just The Art Of Charting’s personal opinion and it is posted purely for educational purposes. Therefore it must not be taken as a direct or indirect investing recommendations or advices. Entry Point, Initial Stop Loss and Targets depend on your personal and unique Trading Plan Tactics and Money Management rules, Any action taken upon these information is at your own risk.
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Bitcoin Seasonality - Best Month (October) and Best Day (Monday)It's very important for every Bitcoin trader to know its seasonality because this will significantly increase the probability of successful trades. I have been trading Bitcoin for almost 10 years, and I successfully use seasonality patterns to predict Bitcoin price movements. For example, you don't want to go long on Bitcoin during August or September; that's probably a very bad idea. The biggest market crashes usually happen in September. But you definitely want to go long in October or April, as these months are the most promising. Knowledge of these patterns will give you an advantage over standard retail traders. Every trade matters.
Average return by Month (%)
January: +5.1%
February: +12.1%
March: +4.8%
April: ˇ+18.7%
May: +14.2%
June: +4.4%
July: +6.1%
August: -3.1%
September: -8.4%
October: +22.2%
November: +17.9%
December: +7.3%
Average return by Weekday (%)
Monday: +0.63%
Tuesday: +0.18%
Wednesday: +0.54%
Thursday: +0.40%
Friday: +0.37%
Saturday: +0.45%
Sunday: +0.10%
Currently I am bullish on Bitcoin as the price is in an uptrend and the bear market is not confirmed; I expect Bitcoin to hit 115k probably at the end of February. What I also expect is an alt season - alt season is starting right now! So it's time to buy some altcoins. Ethereum should outperform BTC in the next weeks as well.
Write a comment with your altcoin, and I will make an analysis for you in response. Also, please hit boost and follow for more ideas. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!
EURO - Price can bounce up from triangle to $1.0430 pointsHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
Some days ago price rose to the resistance area, after which it dropped to support area inside wedge.
Euro turned around and started to grow near support line of wedge and later it reached $1.0390 level and broke it.
Next, price rose to resistance line of wedge and then made a correction movement to $1.0390 level and exited from wedge.
After this, price broke $1.0390 level and made a strong gap, after which it started to grow inside a triangle.
In this pattern, Euro rose to resistance line, some time traded near, and then in a short time fell back to support line.
In my mind, Euro can bounce up from support line to $1.0430, exiting from a triangle and breaking resistance level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
PEPE Deep dive before pumping? To what price?CRYPTOCAP:PEPE Script: A potential deep dive might be on the horizon before the next pump.
Right now, it’s forming a structure that looks a lot like the pattern we saw from March to May, which I’ve marked as points 1 to 7.
Both of these structures showed up after breaking out from the near-end of a symmetrical triangle.
Currently, we’re sitting at point 6.
Using Fibonacci retracement, we can estimate how deep the dip might go.
Last time, it reached Fib 1.618. If history repeats itself, PEPE could pull back to around 0.00009485.
This potential drawback would also break the uptrend line, which could shake market confidence and flush out weaker hands—perfect for accumulating liquidity to fuel a future price surge.
I’ve already set a buy order at this level, just in case this scenario plays out.
Of course, this is just one potential script among many. I’ll share more as they unfold.
Follow me for more insights and updates! 😊
100 SMA REBOUND (?) - $135,000 / $140,000 As illustrated, I'm trying to visualize a potential rebound off of the 100SMA that matches the resistance line of what looks to be an ascending triangle that has been broken and retested.
Price is showing support at such line that happens to overlap with the 100SMA.
I might be "wanting to see" bullishness in the market, but you be the judge of these observations.
The long rejection wicks at the bottom seem manipulative... almost as if there was selling pressure to shake off HODLERS and new investors (?) ...
Will the US approve the famous BTC reserve? ...
--
LET'S SEE WHAT HAPPENS!
what is happening to BTC right now ?! 🐺 "Hello, KIUCOIN family . I hope you're doing well. 🐺
In this analysis, I've decided to explain what's likely to happen to the BTC price in the immediate short term and the long term. Be sure to stay tuned with me until the end, as it's going to be mind-blowing." 🤯
"First of all, let's examine the monthly chart. In my opinion, this is one of the best timeframes, especially for this analysis, because it reveals extraordinary price targets. Let's dive into it :
As you can see on the monthly chart , BTC is between two uptrend curves that have acted as support and resistance since 2015 . These curves are fairly strong, justifying their classification as strong support and resistance lines on the monthly timeframe.
As you may already know, the higher the timeframe we examine, the more accurate results we can achieve. Therefore, the patterns on the monthly timeframe are much more accurate than those formed on the daily or even the weekly timeframe. In this case, we have a clear and perfect bullish flag pattern . This is a bullish pattern, and its main target, which aligns with our resistance line, is around $165,000. 🔥🐺🚀
So let's reveals more details for you dear 🐺KIUCOIN🐺 family :
In the chart above, on the weekly timeframe, we have a clear AB=CD pattern . This is a well-known pattern in harmonic trading and, in my opinion, is quite accurate. Seven out of ten times, these patterns reach their targets, making them a valuable tool for traders .
So I think there is another secret reason for us to pay attention to it :
BTC.D
As you can see in the chart above, BTC.D is currently within a symmetrical triangle, which could also be considered an ascending triangle in this case. It appears to be on the verge of breaking out. In my opinion, if BTC.D breaks through this resistance level, it could be incredibly beneficial for the BTC price , potentially leading to a significant rally up to $165,000. However, this could also be challenging for altcoins and ETH . While they might also experience pumps alongside BTC, these pumps are likely to be less substantial. After such a BTC-led rally, we could expect a massive altcoin and ETH season. So, stay tuned with me until that time, as we could potentially make life-changing money together during this market cycle.
Now finally it's time to take look at the lower time frame :
As you can see on the daily timeframe , if BTC breaks through the orange resistance line , we could consider entering a long position with a target of the previous all-time high. You could also take some profits at a predetermined level and set your stop at the entry point to protect your initial investment. The remaining position could then potentially continue to generate profits, leading to a higher target of $165,000.
I hope you enjoy this idea dear KIUCOIN family , also always remember :
🐺 Discipline is rarely enjoyable , But almost always profitable 🐺