That support is the decision maker ,for buys wait for the market to close above our zone and target the next zone. For sell wait for the market to turn the support to a resistance and target the zone below
The market appears to be gaining bullish momentum, giving the impression that the bear market is over—but what if it’s just getting started? On this CRYPTOCAP:TOTAL chart, the current price action seems to mirror the 2021–2022 bear market cycle: a rally to new highs, a sharp drop, a deceptive recovery (bull trap), followed by a deeper correction and eventual accumulation. If this pattern plays out again, we could be in the bull trap phase—right before a significant and unexpected drop. What do you think? Will history repeat itself, or are we heading to new highs? Drop your thoughts in the comments! Please support this idea with a LIKE? if you find it useful? Happy Trading???
The trend in gold is higher and no doubt it can go higher still.. BUT There is a possible short setup because: A) It's very overbought relative to its weekly average B) A Weekly shooting star reveral pattern took place on the weekly chart C) The daily chart shows a possible breakdown Thoughts?
Trump’s tweet on April 9 regarding the moderation of tariff measures triggered a strong market rebound. Retail investors are buying the dip, contributing to this recovery, while institutional investors are actually net sellers. In April, capital flowed out of U.S. equities and mid- to long-term U.S. Treasury bonds. We anticipate that both the Nasdaq and S&P 500 will rebound to the Fibonacci 0.618 level or slightly above, recovering about 62% of the entire decline since December 2024. We believe this rebound will be temporary, followed by another decline. Currently, both indices are approaching the Fibonacci 0.618 level. While many people focus on tariffs and the trade war, the Trump administration is also facing an imminent national debt crisis. The total national debt stands at $36 trillion, with interest payments this year expected to be around $1 trillion—about one-fifth of the federal government's tax revenue. Additionally, $8 trillion will reach maturity this year, and $6 trillion will need to be rolled over in June. This is a significant amount, yet demand for mid- to long-term U.S. Treasury bonds remains weak. The Federal Funds Rate (short-term rate) is currently between 4.25% and 4.5%, while the yield on 10-year U.S. Treasuries is around 4.3%, both of which are high. Trump wants to see these rates much lower, but Powell must first assess the inflationary impact of the tariff measures before considering any rate cuts. If inflation resurges beyond expectations, the Fed may be reluctant to cut rates. Consequently, the U.S. stock market could experience a sharp and rapid decline amid these uncertainties. A recession is likely arriving.
Here is my EUR/CAD Chart and i have a short entry from the top which is gave me 100 pips , but now the price at important support and i want to add another entry but i need a clear closure below this support and then we can enter a new sell trade and targeting 250 pips , cuz the price can`t close below this support for more than 3 weeks , so if we have a good closure it will be a great confirmation to enter .
Bitcoin is still trading above the major resistance line but this does not mean that buyers took control over this zone. Nothing much has changed since yesterday; we had few liquidation hunts, but the price still remains close to the resistance. In order to get some more clarity, we need to see a proper breakout happen in the form of BOS or a strong selloff, which would lead the price back below the resistance zone. Honestly, seeing the struggle buyers have, we are looking more for that breakdown to happen! Swallow Academy
Just saw this pattern on the 4hr chart. wanted to share
Like it or not, Bitcoin is behaving like a risk on asset but with the seasonality of a commodity. so there are reasons to compare the pair with its rival Gold to peek into the future, much like people do with the dollar and its fake blockchain derivates. the implications of a brutal 2025 bear market could be really bad for crypto and I seriously doubt that market makers would ever allow that. however, it's clear that they are playing with retail emotions pretty hard since COVID happened. everything is permitted, also a great wealth transfer. especially when nationwide "blackouts" happens in first world countries like Spain and France.
https://www.tradingview.com/x/eOUjG5SM/ https://www.tradingview.com/x/eOUjG5SM/ Hello Traders, We have a good buy signal from the VPS (Volume Power System) in the gold market.
This is where our eyes currently are, there is a clear gap that the low energy movement is heading toward, challenging a weekly low, with a 4 hour unconfirmed bullish trend. We hope to see more unfold today, Happy Trading. Hit me Up.