Bullish Divergence along with Marubuzo candle formed. High Probability for a bullish breakout What Do You Think
gold well drop down from 3180 to have some correction grear r:r take some risk
Yesterday’s impulse lit up the market and set a bullish tone. Short-term, I’d like to see continuation — 83,588 is the nearest resistance. Break above it, and bulls could easily push toward 88,500. On the downside, keep an eye on 77,649 and 74,508 — the origin of the impulse and weekly low. Key spots for bears to defend. Stay locked in. Big moves often follow clean structure.
Wen had a bull market in 2024. A 1,300% bullish wave that peaked in March. After this wave, the market went down and finally sideways. The bullish signal here comes from the volume indicator. The highest volume ever happened in late March 2025, just two weeks ago. This much buying at bottom prices can easily indicate that whales are starting to load on this coin. Whales buying is something to always consider because whales are in the know. They know when the top is in and when the bottom is in. When they start buying, the market is soon to change. When they start selling, it is the end of a bullish phase. Here we can see no volatility, no swings, no momentum and no volume until the market enters new All-Time Low territory. Once this new low levels are activated, there is a huge increase in trading activity, buying and selling. So participants had no interest in this pair, as soon as prices became low, we see a strong accumulation phase. This signal is quite revealing, it tells that whatever is happening now is about to change. WENUSDT went from going down to sideways and from sideways lower to a new All-Time Low. After this sideways and ATL period, we will experience a new wave of growth. That's based on market cycle, marketwide action, experience and the volume indicator. Prepare for massive growth. Imagine a bullish wave that starts to build up now and peaks after 3 months. 1-2 months with momentum building up and the last month a major wave of growth. After this wave, the classic correction. But this correction won't lead to a new low and consolidation phase. Instead, this will be a quick correction that will lead to a new session of growth, the last and final; the bull market bull-run phase. Thank you for reading. Namaste.
NZD/JPY has bounced off the pivot and could rise to the 1st resistance. Pivot: 82.77 1st Support: 81.64 1st Resistance: 84.43 1st Resistance: 1.1089 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Keith realized that Ether would fall and began to drain it too.
Visual Chart Analysis (SPY with Gamma and Volume Levels): ? Date & Timeframe: Date: April 10, 2025 Timeframe: 15 minutes ? Key Zones Marked on the Chart: ? Sell or Short Zones: Shorts at 525 or 5300 ES Shorts at 520 or 5250 ES These zones are highlighted as areas with a high concentration of options and volume confluence — likely an area of strong supply. ✍️ "In these zones, price has a higher probability of stalling or reversing if it approaches with momentum. You’d look for confirmation with footprint or negative Delta." ? Buy or Bounce Zones: Possible buy or target zone around 520 SPY We can clearly see that price reacted strongly from here, confirming institutional or defensive interest. ? SpotGamma Gamma Levels: Key Level Description 543 Resistance zone (Call Wall) 540 Put Wall (4) – strong resistance 530 Put Wall (2) – intermediate resistance 525 Midpoint key level (Buy Wall / 0.5 SpotGamma Fib) 520 Strong support – where price bounced 509 Current day low ? Price Flow Reading (Today’s Action): Strong initial drop with wide red candles right from the open. Rebound at 520, a zone acting as support + key SpotGamma level. Intraday reversal with strong green candles and growing volume up to the 528–530 range, entering potential short territory.
-Severly oversold -Very low price -High Volatility flowing into the stock -If tarrifs dropped on EU cars can start the new trend
We’ve identified a Head & Shoulders pattern, aligning with our Elliott Wave count showing a completed 5-wave move up ✅ This strongly suggests we’re due for an ABC correction to the downside ? ? Yellow boxes mark our high-probability targets. This bearish view is also supported by our broader outlook: A bullish move is expected in the U.S. market, which naturally points to UVXY moving lower. Everything lines up — let’s see how it unfolds ?
TVC:GOLD --- 1. **Price Action Overview** - **Current Price**: The chart shows the price of Gold at 3,169.770 USD/oz, with a decrease of -4.288 (-0.14%) for the session. - **Timeframe**: This is a 1-hour chart, meaning each candlestick represents one hour of trading activity. - **Trend**: - The chart shows a general uptrend starting around April 8, with the price rising from approximately 2,900 USD/oz to the current level of 3,169.770 USD/oz by April 10. - There are periods of consolidation (sideways movement) and minor pullbacks, but the overall direction is upward. - The most recent candlestick shows a slight decline, indicating a potential short-term correction or profit-taking after the strong upward move. --- 2. **Technical Indicators** The chart includes several indicators, which I’ll analyze: a) **Relative Strength Index (RSI)** - **RSI Value**: 82.54 - **Interpretation**: - RSI measures momentum and overbought/oversold conditions. A value above 70 typically indicates overbought conditions, while below 30 indicates oversold. - At 82.54, Gold is in **overbought territory**, suggesting that the price may be due for a pullback or consolidation. This aligns with the slight decline in the most recent candlestick. - However, in strong trends, RSI can remain overbought for extended periods, so this doesn’t necessarily mean an immediate reversal. b) **Moving Averages (EMA/SMA)** - The chart mentions "EMA-SMA" in the footer, which likely refers to Exponential Moving Averages (EMA) and Simple Moving Averages (SMA) being used. - While the chart doesn’t display the moving averages visually, the table at the top provides some insight: - **SMA10**: 3,169.834 (10-period SMA) - **SMA20**: 3,167.425 (20-period SMA) - **SMA30**: 3,164.279 (30-period SMA) - **SMA50**: 3,154.806 (50-period SMA) - **SMA100**: 3,127.341 (100-period SMA) - **SMA200**: 3,082.834 (200-period SMA) - **Interpretation**: - The shorter-term SMAs (10, 20, 30) are above the longer-term SMAs (50, 100, 200), which confirms the **bullish trend**. - The current price (3,169.770) is very close to the 10-period SMA (3,169.834), suggesting the price is trading near its short-term average. If the price dips below this level, it might indicate a short-term correction. c) **MACD (Moving Average Convergence Divergence)** - The chart mentions "MACD" in the footer, but the MACD lines are not visible. However, the purple histogram at the bottom likely represents the MACD histogram. - **Interpretation**: - The histogram shows the difference between the MACD line and the signal line. When the histogram is above the zero line, it indicates bullish momentum; below the zero line indicates bearish momentum. - The histogram is currently above the zero line, confirming the bullish trend. However, the bars appear to be shrinking, which could indicate that bullish momentum is slowing down, potentially signaling a pullback or consolidation. d) **Volume** - The chart mentions "Volume" in the footer, but the volume bars are not clearly visible. - **Interpretation**: - Volume is crucial for confirming trends. In an uptrend, increasing volume supports the strength of the move. If volume is decreasing as the price rises, it might suggest weakening momentum. - Without clear volume data, we can’t make a definitive judgment, but the slowing MACD histogram might hint at reduced buying pressure. e) **Fibonacci Levels** - The chart mentions "Trade with Fibonacci," and there are Fibonacci retracement levels visible on the right side of the chart: - **2.618**: 3,169.628 (very close to the current price) - **2.0**: 3,094.000 - **1.618**: 3,040.000 - **1.0**: 2,964.000 - **Interpretation**: - Fibonacci extensions are often used to identify potential price targets in a trending market. - The price has reached the 2.618 Fibonacci extension level (3,169.628), which is a common target for a strong trend. This level often acts as resistance, and the slight pullback in the latest candlestick might indicate that the market is reacting to this level. - If the price corrects, the next support levels to watch would be around the 2.0 (3,094) and 1.618 (3,040) Fibonacci levels. --- 3. **Price Levels and Key Data (Table at the Top)** - **Open Price**: 3,164.517 - **Close Price**: 3,174.279 - **Change**: -0.13% - **RSI**: 82.54 (as discussed) - **ATR (Average True Range)**: 21.241 (a measure of volatility) - A higher ATR indicates higher volatility. At 21.241, this suggests moderate volatility on the 1-hour chart, which is typical for Gold during trending periods. - **USD Value**: 3,400.000 (possibly a reference point or target, but unclear in this context). --- 4. **Sentiment and Footer Notes** - The footer mentions "PATIENCE | DISCIPLINE | FEARLESS," which are likely motivational words for traders, emphasizing the importance of a disciplined trading strategy. - "CryptoFibTrendsGroup TRADING™" suggests this chart might be part of a trading group’s analysis, possibly focusing on Fibonacci-based strategies. --- 5. **Overall Analysis and Potential Scenarios** a) **Bullish Perspective** - The overall trend is clearly bullish, with the price making higher highs and higher lows since April 8. - The price is above all major SMAs, and the MACD histogram is still in bullish territory. - The Fibonacci 2.618 level has been reached, which could be a target for bulls, but it also acts as resistance. b) **Bearish/Corrective Perspective** - The RSI at 82.54 indicates overbought conditions, suggesting a potential pullback or consolidation. - The MACD histogram is shrinking, indicating slowing momentum. - The price is testing the 2.618 Fibonacci level, which often acts as a reversal or consolidation point. c) **Key Levels to Watch** - **Resistance**: The current level around 3,169–3,170 (Fibonacci 2.618). A break above this could target 3,200 or higher. - **Support**: - First support around 3,094 (Fibonacci 2.0 level). - Deeper support around 3,040 (Fibonacci 1.618 level). - The 50-period SMA at 3,154.806 could also act as dynamic support. d) **Potential Scenarios** 1. **Continuation**: If the price breaks above 3,170 with strong volume, the uptrend could continue toward 3,200 or higher. However, the overbought RSI suggests caution. 2. **Pullback**: A more likely short-term scenario is a pullback to the 3,094–3,040 range, where buyers might step in to defend the trend. 3. **Consolidation**: The price could consolidate around the current level (3,160–3,170) as the RSI cools off, before deciding the next direction. --- 6. **Recommendations** - **For Bulls**: If you’re already in a long position, consider taking partial profits near the 3,169 level due to the overbought RSI and Fibonacci resistance. Watch for a break above 3,170 with strong volume to add to positions. - **For Bears**: A short-term short trade could be considered if the price breaks below the 10-period SMA (3,169.834) and shows bearish confirmation (e.g., a strong red candlestick or MACD crossing below the signal line). Target the 3,094 level. - **For Neutral Traders**: Wait for the price to pull back to a support level (e.g., 3,094 or 3,040) and look for bullish confirmation (e.g., a reversal candlestick pattern) before entering a long position.