NASDAQ Correction 21% what happen? if this too late, making another asset distractions, volatility.
We already know what FED powell talked about on the 4th and trump's tariffs which have a very big effect on the global economy. exchanges have fallen, this pattern is very similar where during the crisis the price of gold also fell sharply because there was no demand from the world and they saw the USD as a safe heaven because the price of gold was also too high. Price between 3040 -3070 is a entry price to short Price rocketing above 3110 = bull resisting (very small chance, only below 5%) Good luck for your trade, lets win this trade.
Gold has been on a "roller coaster" this week. Spot gold continued to rise from Monday to Thursday, and hit a record high of $3,167.57/ounce on Thursday (April 3). However, it plunged more than $76 on Friday (April 4), a drop of 2.47%, and finally closed at $3,037/ounce, narrowing the weekly gain to 1.2%. This sharp fluctuation stems from two key events: Trump's tariff policy has caused global concerns to rise, and Fed Powell's unexpected turn to hawkish monetary policy. The market liquidity crisis has caused investors to sell gold to make up for stock market losses, and the US dollar index has strengthened by 0.9%, further suppressing gold prices. On Friday, global stock markets fell for the second consecutive day. The US stock market suffered an "epic" plunge. The three major US stock indexes all fell by more than 5.5%, all of which were the largest single-day declines since 2000. The Dow Jones Industrial Average plunged more than 2,000 points into the correction zone, and the Nasdaq fell into a bear market. Gold is often seen as a liquid asset that can be used for margin requirements on other assets, so it is not uncommon for gold to be sold off after such a risk event. "Gold's performance is consistent with historical trends." Powell's hawkish remarks pushed the dollar index up 0.9% on Friday. When the dollar appreciates, gold naturally becomes more expensive for buyers holding foreign currencies. I think the better-than-expected non-farm payrolls report released by the United States on Friday is another reason to hit gold prices. The U.S. Department of Labor reported that non-farm payrolls in March were 228,000 after seasonal adjustment, an increase higher than the market's expectation of 135,000. Non-farm payrolls data helped the Federal Reserve delay rate cuts. Gold usually performs well in a low-interest environment. Gold is still up 15.3% this year, relying on strong central bank buying and playing the role of a safe haven for funds amid economic and geopolitical uncertainties. Although gold prices fluctuate, it is still a safe haven for many investors. Analysis of gold market trends next Monday: Gold technical analysis: This week's Thursday and Friday gold market can be described as thrilling, with a rise and fall of more than 100 points in two days! The gold market suddenly changed, and there was an extremely violent sweep. First, it rose rapidly to 3136 without any signs, and then fell back quickly at lightning speed, and fell below the intraday low. After a series of large negative declines, gold is currently in a short-term trend. The daily line has a large negative downward trend, breaking the short-term moving average and piercing the middle track, leaving a lower shadow below. The pattern shows a negative engulfing positive engulfing bearish signal. In the short term, it may rely on the middle track support to confirm the 10ma resistance and fall again. The 4-hour Bollinger band opens downward, and the K-line continues to fall. The trend is already bearish and downward. The callback space is larger than the rising space. Falling below the previous day's starting low of 3054 is a short-term empty point, and the lowest retracement is around 3015. The daily line is in a partial adjustment in the short term. Combined with the falling wave space of the 4-hour chart. The 3000 integer mark is the support position of the golden section point 0.5. The 4-hour Bollinger Bands open downward, and the K-line continues to decline. The downward trend is obvious. The focus below is on the break of the 3000 mark. As long as the 3000 mark is held, the short-term bullish structure will not change. The market will continue to rise to new highs. If the 3000 mark is broken, the market will form a large-level adjustment structure. The short-term operation is mainly to buy on dips above 3000, supplemented by high shorts. The upper resistance is around 3054-3057-3072, and the lower support is 3015-3000. On the whole, the short-term operation of gold next Monday is mainly to buy on rebounds, supplemented by buying on pullbacks. The upper short-term focus is on the 3054-3057 resistance line, and the lower short-term focus is on the 3000-3015 support line. Friends must keep up with the rhythm. Reference for gold operation strategy next Monday: 1: Short (sell) gold rebounds to 3053-3055, target 3030-3015. 2: Long (buy) gold pullbacks to 3000-3003, target 3030-3040.
Yello, Paradisers! Is #ONDO setting up for a bullish explosion, or is this just the calm before another dump? Here's what the current price action is signaling, and why this zone could be the final opportunity before a major move… ?ONDOUSD has remained one of the strongest-performing altcoins, even amid broader market corrections. Since peaking in December, however, it has entered a healthy corrective phase. Currently, the price is forming a falling wedge pattern, and the ABC zigzag correction appears to have completed — an early sign of potential trend reversal. ?#ONDOUSDT is currently consolidating above a moderate support zone between 0.766 and 0.70, a level that has held firmly since early March. This repeated defense of support, along with the completed correction, is reinforcing the potential shift in market sentiment. ?If bullish momentum starts building, price is likely to aim towards the descending resistance around the 0.90 level. A confirmed breakout above this area would flip market structure bullish, potentially igniting a trend continuation toward the next resistance range between 1.10 and 1.20. ?Should this breakout sustain and strength remain, ONDO could target the strong resistance zone between 1.40 and 1.50, which also aligns with the 50% Fibonacci retracement — a critical level where sellers are likely to return. Paradisers, strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler. MyCryptoParadise iFeel the success?
there are a lot of resistance upside of the dxy , i wont be doing anything on it
? LONG MEXC:LAYERUSDT.P from $1.5722 ? Stop loss: $1.5440 ? Timeframe: 1H ✅ Market Overview: ➡️ The coin is showing "its own game" — price action is independent of #BTC and #ETH, reacting to internal volume dynamics. ➡️ Ascending triangle breakout with a confirmed close above the key $1.5440 zone. ➡️ Empty space ahead — no major resistance levels until $1.6060–$1.6210. ➡️ Accumulation is forming between $1.5440–$1.5700 — a breakout may follow. ➡️ Important: candles must close above $1.5440 to confirm the long scenario. ? TP Targets: ? TP1: $1.5880 ? TP2: $1.6060 ? TP3: $1.6210 (full measured move from triangle pattern) ? Recommendations: If volume MEXC:LAYERUSDT.P increases during a breakout above $1.5722 — expect a rapid move. If price pulls back — the $1.5254 area could offer a second entry opportunity. The coin looks strong but slightly overbought — partial take profit at TP1 is advised. ? A strong breakout above $1.5700 may lead to a sharp move due to lack of resistance. ? Avoid 1H candle close below $1.5440 — scenario invalidation. ? If the move occurs on weak volume — watch for a potential reversal near TP1. ? MEXC:LAYERUSDT.P setup remains active — holding the key level could lead to a move toward TP2–TP3!
I have been tracking the bearish decline for Bitcoin for about 7 months. We look to be entering into the fireworks moment where it really dumps. The buying opportunity awaits. Unfortunately tho, its only for those who were wise enough to sell the top. My most conservative target has remained $73,500. However, $68,500 - $61,500 now look well within reach. So saving powder for those pull backs seems prudent. Will update upon breaks of $73,500. Elliot Wave, Murrey Math, Kumar Wave being used for this and all of my forecasts. Happy Trading, comments and DMs always welcomed.
I've previously publish an idea for Cocoa long because of ending diagonal. But it should be clear to an EWer that the down move was a 5-wave structure and thus the long idea was a wave 2 or B idea. Now that we have completed 3-waves up for Cocoa, I think it's time that Cocoa resumes it's down move again. The conservative target is set at the previous support, but I certainly expect it to move way below that target.
VIB is preparing a new growth momentum today. As I wrote in previous reviews, finding a token below the 0.035 level is appropriate when the ether is below 1500, even if there is a monitoring tag. At the moment, the breakdown is more likely caused by panic sales on tag assignment. However, the assignment of the tag was obviously already worked out by the price when it fell below the 0.075 support. At the moment, I expect to enter the more appropriate 0.050-75 zone, corresponding to both the current market position and the tag. The opportunity for a refund will appear as soon as the indicators stop extinguishing sales, which has already happened on small timeframes. That is, today and tomorrow there is a high probability of a weekly candle reversal above the key support of 0.0350–375, and in the case of a daily or weekly candle opening higher, attempts to grow to 0.075-100 are likely, which is the main non-closed retest zone after the January impulse and is highly likely to be worked out. A retest of 0.035-50 from the current level will bring up to 100%+ profit.
we framed our bias from the monthly timeframe on the daily timeframe the daily rejects the daily bb and we have a sweep and a break of the market structure on the 4hr timeframe, hence on the 1hr we have our entry on the breaker close to the nearest liquidity. overall trend is bullish.