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Wave Analysis

XRP Approaching Key Support – Critical Level to HoldXRP is nearing a significant support zone, marked by the monthly level at $2.09. This level has considerable structural importance and has acted as a pivotal point in the past. Holding this area is essential for maintaining the broader bullish market structure, which remains intact despite the recent correction From a technical standpoint, the current move appears to be a corrective phase rather than a structural breakdown. A bullish retest of the $2.09 level is expected to attract demand, potentially serving as a launching point for a renewed upward move. Adding to the strength of this zone is the presence of the value area low, which provides further confluence and supports the argument for a strong demand zone. Should XRP successfully defend this level, attention will shift to the next major resistance at $2.40, which represents a key weekly support/resistance (SR) flip. This level has served as an inflection point in the past and now stands as the most immediate hurdle for bulls. A clean break and close above $2.40 would confirm the continuation of the bullish trend and likely bring the all-time high back into play as the next major upside target. In summary, XRP’s technical outlook remains bullish as long as it holds above the $2.09 monthly support. The confluence with the value area low enhances the probability of a bounce from this zone. A successful defense here and a push through the $2.40 weekly SR could trigger a renewed rally, targeting higher levels. This area marks a buy-the-dip opportunity for traders aligning with the macro trend, provided support holds firmly.
by The_Alchemist_Trader_
Operation suggestions after the Fed's hawkish minutes! The news that the US federal court ruled to prevent the implementation of tariffs boosted market risk sentiment, and the safe-haven demand weakened accordingly. The gold price fell for the fourth consecutive trading day, hitting a new low in a week and a half. At the same time, multiple factors such as the hawkish signal released by the Fed's meeting minutes, the upward trend of US Treasury yields and the return of the US dollar index to the 100 mark jointly put pressure on the gold price. The recent continued weakness of gold is mainly affected by the dual impact of the rebound of the US dollar and the decline in safe-haven demand, but the medium- and long-term support factors are still accumulating, especially against the background of the Fed's maintenance of a high interest rate policy and the escalation of geopolitical tensions in the Middle East. It is necessary to pay attention to the release of the US PCE price index this week. This data will become an important reference node for judging the direction of the Fed's monetary policy and the trend of gold prices. The 4-hour chart of gold shows that the short-term trend is obviously weak. From the perspective of the moving average system, the short-term moving average is in a long arrangement, which continues to suppress the gold price, and the upward trend is further confirmed. In terms of operation, it is recommended to maintain a low-long strategy and focus on the long opportunities after the correction. The short-term trading strategy for the day is mainly to buy on dips. The upper resistance level is 3215-3220, and the lower support level is 3250-3245. The specific operation suggestion is to buy when the callback reaches 3388-3393, and this range needs to be paid special attention. Gold recommends buying when the callback reaches 3288-3293, with a target of 3305-3320, and hold when it breaks
OANDA:XAUUSD
by FredericaCrichton
Bitcoin faces increasing selling pressure! Bitcoin surged to a new all-time high this week, marking the third all-time high (ATH) of this cycle, sparking widespread market activity. Glassnode data shows Bitcoin profit-taking surges at record highs According to analysis by Glassnode researchers Cryptovizart and Ukuria OC, the breakout indicates accelerated investor participation in exchanges, derivatives, and exchange-traded funds (ETFs), though the $120,000 region could trigger heightened selling pressure. Glassnode’s latest “Heating Up” report details how Bitcoin’s rise has pushed unrealized profits to “ecstasy phase” levels, with the relative unrealized profit indicator exceeding its +2σ band. Still, profit-taking remains below historical extremes, with the firm noting that only 14.4% of days saw higher realized profits. Analysis by Cryptovizart and Ukuria OC highlights that current spending behavior is “dominated by profit-taking,” as coins deposited to exchanges have realized an average gain of $9,300 — 12 times the losses. Glassnode has observed a significant uptick in exchange activity. Centralized platforms now handle 33% of Bitcoin’s on-chain volume, a significant rise in line with price discovery. Researchers link this to increased trading demand, with exchanges seeing daily inflows/outflows of $4 billion to $8 billion. The enthusiasm is also reflected in the derivatives market, Glassnode reports. Futures open interest has surged 51% since April to $55.6 billion, while options have reached an all-time high of $46.2 billion. The report further highlights that this reflects a “sophisticated investor base” using complex strategies. Spot ETF inflows have exceeded $300 million per day, maintaining buy-side pressure since late April. Glassnode sees this as a “meaningful tailwind” for the recent breakout of all-time highs from institutional and retail demand. Technically, Bitcoin is trading above key momentum indicators (111DMA: $91.8K; 200DMA: $94.3K; STH cost basis: $95.9K). However, Glassnode’s MVRV ratio positions the price in the area between +0.5σ ($100.2K) and +1σ ($119.4K) — a region historically associated with overheating. The researchers warn that the $120,000 level is consistent with the STH cost base +0.5σ and could accelerate seller pressure. Glassnode concludes that while accumulation and leverage trends indicate bullish momentum, consistent behavior around psychological resistance levels such as $120,000 calls for caution, echoing previous cycle patterns.
Short
by MartinaPritt
1
BTCUSDT Hello everyone. I’ve spotted a sell opportunity on BTCUSDT and have already activated the trade. I wanted to share the same setup with you as well. 🔍 Trade Details: ✔️ Timeframe: 15-Minute ✔️ Risk-to-Reward Ratio: 1:1 / 1:1.50 ✔️ Trade Direction: Sell ✔️ Entry Price: 106155.39 ✔️ Take Profit: 105560.48 ✔️ Stop Loss: 106550.09 🔔 Disclaimer: This is not financial advice. I’m simply sharing a trade I’ve taken based on my personal trading system, strictly for educational and illustrative purposes. 📌 Interested in a systematic, data-driven trading approach? 💡 Follow the page and turn on notifications to stay updated on future trade setups and advanced market insights.
Short
by Nurlan_PT
BNL LONG TRADE (SECOND STRIKE)BNL has recently completed second SPIKE Phase of its splendid uptrend with – it gave an optimum Pullback with befitting Volume Distribution. It is ready to resume its uptrend. 🚨 TECHNICAL BUY CALL –BNL 🚨 🎯BUY1: Rs. 34-35.5 📈 TP1 : Rs. 43.5 📈 TP2 : Rs. 48.11 📈 TP3 : Rs. 57.1 🛑 STOP LOSS: BELOW Rs. 30.5 (Daily Close) 📊 RISK-REWARD: 1:8.5 Caution: Please buy on levels in 3 parts. Close at least 50% position size at TP1 and then trail SL to avoid losing incurred profits in case of unforeseen market conditions.
PSX:BNLLong
by Mushtaque77
Bitcoin ETF ends 10-day inflow record! After 10 consecutive days of strong inflows, Bitcoin exchange-traded funds (ETFs) suffered a setback. The record ended with a net outflow of $358.65 million, stemming from the general withdrawal of eight major funds. Fidelity's FBTC took the lead in withdrawals, withdrawing $166.32 million, followed by Grayscale's GBTC ($107.53 million) and Ark 21Shares' ARKB ($89.22 million). In addition, there were red book figures for Bitwise's BITB ($70.85 million), Invesco's BTCO ($20.05 million), Vaneck's HODL ($11.98 million), Valkyrie's BRRR ($11.67 million), and Franklin's EZBC ($6.13 million). The only green light came from Blackrock's IBIT, with a net inflow of $125.09 million. Despite the heavy outflows, trading activity reached a significant $5.39 billion, and net assets fell slightly to $128.13 billion. Currently, Bitcoin needs to wait for the right window to reorganize!
Short
by FredericaCrichton
Gold Breakdown Setup | Key Support Test IncomingThe market recently broke below a rising trendline and exited a consolidation zone, signaling potential weakness. 📉 After the breakdown, price formed a lower high and is now retesting the 3,290–3,300 zone. If this minor resistance holds, we could see further bearish continuation. 🔷 Key Level to Watch: Support around 3,212 — this is a major area where price previously reacted. 📉 Scenario: Expecting a rejection from current levels, leading to a potential move toward the support zone. If 3,212 breaks, it may open doors to even lower targets. 💡 Trade Idea: Wait for a confirmation (bearish structure) near the retest area. If confirmed, consider short setups with target around the support level. ✅ Always use proper risk management and confirm with your own analysis
TVC:GOLDShort
by James-Pipstr
Bitcoin is bearish | stay cautious (1H)This analysis is an update of the analysis you see in the "Related publications" section We have been warning about a potential Bitcoin correction for some time. It appears that wave G has ended, and key levels have been lost. If the price reaches the red box, it is expected to be rejected downward. The green zone is a relatively strong support area for Bitcoin, and we should closely watch this level. A daily candle closing above the invalidation level would invalidate this analysis. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
by behdark
Gold repeatedly goes down and up! Who will win? At the beginning of the week, gold was under pressure around the downward trend line of 3360. Yesterday, it was consolidated below the trend line and broke through the previous day's low of 3290 to further open up space. It was basically the same as yesterday's idea. Yesterday, 3323-3325 was given as the highest point of the day. After breaking through 3290, it followed the trend to increase positions and follow up with shorts. As the pattern broke, it closed lower. The space is further opened. The daily and weekly lines show signs of further closing down and falling. Today, it will re-test the 3200-3190 area. The 4-hour chart of gold shows that the Bollinger channel is opening upward, and the short-term trend is obviously weak. From the perspective of the moving average system, the short-term moving average is in a long arrangement, which continues to suppress the gold price, and the upward trend is further confirmed. In terms of operation, it is recommended to maintain a low-long strategy and focus on the long opportunities after the callback. The main idea for intraday short-term trading is to buy on dips. The upper resistance level is 3220-3225 area, and the lower support is 3250-3245. The specific operation suggestion is to consider buying when it pulls back to 3288-3293 area.
OANDA:XAUUSD
by MartinaPritt
Cocoa Bull Run over?There’s something brewing in the charts here, and it’s not a hot cup of cocoa. We had a clear rejection at the 0.382 Fibonacci and potentially the start of a C leg in a corrective pattern. This is lower high after the bull flag breakout pattern. If we lose support here we could break the neckline and confirm the head and shoulders pattern, which is very bearish. There’s a lot of moving parts to consider here. If you follow my trades you will know I already anticipated this as I am long a stock that behaves in an inverse manner to cocoa. Not financial advice, do what’s best for you
PEPPERSTONE:COCOAShort
by NoFOMO_
Dollar Index (DXY) Completes Correction, Resumes DowntrendThe short-term Elliott Wave analysis for the Dollar Index (DXY) indicates that the cycle from the January 13, 2025 high is unfolding as an impulse pattern, characterized by a five-wave structure moving in the direction of the larger trend. The decline from the January 13, 2025 high began with wave (1), which concluded at 106.96. This was followed by a corrective rally in wave (2), peaking at 109.88. The Index then resumed its downward trajectory in wave (3), reaching 97.92, before a corrective wave (4) rally ended at 101.99, as illustrated in the 1-hour chart below. Currently, wave (5) is in progress, unfolding as another impulse in a lesser degree. From the wave (4) high, wave (i) concluded at 100.27, followed by a corrective wave (ii) rally ending at 101.259. The Index continued lower in wave (iii) to 99.33, with a subsequent wave (iv) rally peaking at 100.118. The final leg, wave (v), completed at 98.69, finalizing wave ((i)). The corrective wave ((ii)) unfolded as a double three Elliott Wave structure, with wave (w) reaching 99.87. Index then pullback in wave (x) to 99.48, before concluding wave (y) at 100.54. The Index has now turned lower in wave ((iii)). In the near term, as long as the pivot at 101.99 remains intact, the Dollar Index should extend its decline, potentially reaching new lows as the impulse wave continues.
TVC:DXY
by Elliottwave-Forecast
Elliott Wave Analysis – XAUUSD H1 30/05/2025 🔍 Wave Structure Update As of now, price has broken above the X wave high and is undergoing a retracement. This is a positive signal, suggesting that Wave 1 (black) of the larger green impulsive wave may have completed. Currently, price is likely in Wave 2 (black) – offering a good opportunity to position for the upcoming Wave iii (green). Within Wave 2, we expect classic corrective structures such as zigzag or flat to form. Based on current price action, a short-term bounce followed by another leg down is anticipated to complete the corrective phase. 🎯 Potential Wave 2 Target Zones • Target 1: 3290 • Target 2: 3272 ❗ If price drops further to 3245, the assumption that Wave 2 has ended may be invalid. In that case, the broader correction could continue toward 3215 (Wave Y target). 📈 Momentum Outlook D1 Chart: Momentum shows signs of reversal to the upside – supporting a bullish bias for the coming week. H4 Chart: Momentum is weakening, suggesting price may move sideways or pull back today as part of Wave 2 development. H1 Chart: Currently oversold, indicating a likely short-term bounce or sideways movement to maintain this oversold condition until H4 also reaches oversold. 🧭 Trading Plan 🔹 Scalp Buy • Entry: 3291 – 3289 • SL: 3286 • TP1: 3306 • TP2: 3324 • TP3: 3346 🔹 Main Buy Zone • Entry: 3272 – 3269 • SL: 3262 • TP1: 3290 • TP2: 3324 • TP3: 3373
OANDA:XAUUSDLong
by WavePoint_FX
Analysis and layout of gold on May 30 Focus on key breakthroughs after violent fluctuations in gold Yesterday, gold staged a "V-shaped" reversal. In the early trading, affected by the US International Court of Justice's overturning of tariff policies, it plummeted from 3295 to 3245; then, due to Trump's request for the Supreme Court to veto the ruling, the price rebounded strongly to 3330, and the daily line closed with a big positive line. Despite frequent disturbances on the news side, there are obvious signs of control by the main funds, and the market is still in a wide range of fluctuations. Technical analysis Daily level The positive line of the bottoming line stands above the 3300 mark, which is strong in the short term, but the moving average is entangled with the middle track (3300-3310), and no unilateral trend has been formed. Key resistance: 3371 (neckline of the head and shoulders bottom pattern); support: 3280, 3265-3250. 4-hour level MACD is golden near the zero axis, but the Bollinger band is narrowed, and the oscillation characteristics are significant. Short pressure: 3325 (up to 3337 if broken); short support: 3291 (down to 3280-3268 if broken). Hourly line Bollinger band narrowed, MACD turned dead cross at high level, continued to fall in Asian session, pay attention to the direction of European session. Trading strategy Short order: 3300-3305 light position short, stop loss 3315, target 3285-3290. Long order: 3278-3264 batch layout, stop loss 10 US dollars, target 3290-3300. Breakthrough strategy: If the European session stands at 3325, step back to 3320 and follow the long, target 3337; otherwise, 3337 can be shorted. Risk warning The recent market has been repeatedly swept, strict risk control, avoid chasing up and selling down.
FX_IDC:XAUUSD
by fdvdfvfddffdgfdg
USOIL – Reclaiming the Energy Narrative | WaverVanir Macro Rever📉 Chart Thesis: After nearly three years of structural decline from the $129 peak, crude oil (USOIL) is approaching a confluence zone of historic Fibonacci support ($56–$60) and a multi-year descending trendline. This zone may mark the bottom of a long-term accumulation phase. 🧠 Strategic Perspective (WaverVanir View): “It’s time to take back our resource. Not just politically—but economically, institutionally, and structurally.” WaverVanir International LLC sees this setup as a rare macro pivot. This isn’t about short-term fluctuations—it’s about the global realignment of resource value in a world where: Central banks are overleveraged Strategic petroleum reserves are drawn down War premium is mispriced Real assets are undervalued 📊 Key Levels: Support Zone: $56.04 (historical institutional buy zone) Breakout Trigger: Trendline above $67.00 Target 1: $101.35 (0.786 Fib) Target 2: $129.42 (1.0 Fib) Target 3: $160.58 (1.236 Fib projection) ⚠️ Risk Disclosure: We are not yet capitalized but actively building a legally compliant funding vehicle. No capital is currently allocated. This post is part of our vision publication cycle to build trust and transparency in WaverVanir’s thesis. 📌 Follow WaverVanir International LLC for conviction-based macro trade ideas at the intersection of data science, price action, and risk strategy. #USOIL #MacroTrading #Commodities #WaverVanir #TradingView #QuantMacro #EnergyRevolution #FibonacciAnalysis #MarketStructure #EmergingFund
TVC:USOILLong
by Wavervanir_International_LLC
Bitcoin 4H Analysis – Potential Breakdown Alert Bitcoin is forming a classic Head & Shoulders pattern on the 4H chart — a sign of potential bearish reversal. Price is currently testing the neckline support zone around $106,800. 🔴 A breakdown below this level could trigger a move toward the next support zones: 📉 Target 1: $103,557 📉 Target 2: $102,261 ⚠️ Keep an eye on how BTC reacts around the neckline. A confirmed breakdown with strong volume may lead to short-term downside.
Long
by VIPROSE
1