Seems the entire market was waiting on Trump to do his thing. Now that we have that news out the way on Tarrifs the market is much more likely to give up a direction. Grounds for much safter plays.
Hello traders, in today’s analysis we are going to discuss Solana on the monthly timeframe. Solana is approaching a key area of support where multiple technical factors align. This level could provide a strong base for a potential swing trade setup, targeting a move back toward the previous highs. If buyers step in and defend this zone, it may confirm a broader range formation on the high timeframe. Key Points: • Price is approaching a key support zone with strong technical confluence. • Confluence includes the value area low, high timeframe support, 0.618 Fibonacci, and key swing lows. • A hold at this level on a monthly closing basis could trigger a swing trade back towards the all-time high. Solana’s price action is currently testing a critical support area that could define the next major move. If this level holds, it increases the probability of a rotation back toward previous highs, forming a potential high timeframe range. Since this is a monthly analysis, patience is required, as each candle represents a full month. While price can take time to develop, as long as support holds, the structure favors a move higher in the long run.
Vision of gold and the development of its movement. I would like to share my idea, message me privately. The indicator applies to any asset and any timeframe.
Kinda expected that there will be an open gap after the break. Algos are trying desperately to bring futures back up, and much like I told you the other day, they're selling gold futures to do it. So much gold future that it's not tracking spot price, lol. I don't think I've ever seen that aside from when oil futures went negative during COVID. Probably gonna just stick with gold, RSI is not oversold yet, so it may drop further before rebounding to fill teh gap.
Nifty Last close as on 2 nd APril 2025 @23332.35 Initial estimated zone from bottom bounce back zone expected in nxt 20-45 trading sessions count from 3 rd April 2025 onwards after retesting bottom zone as marked in chart
The DXY extends its decline, maintaining a bearish sentiment as it sweeps imbalances toward 100.370. Meanwhile, the gold market remains bullish, benefiting from the weakening dollar. Traders should watch for further downside in DXY and potential strength in gold FOLLOW FOR MORE INSIGHTS , COMMENT AND BOOST IDEA
This represents an ideal parallel channel. If you secured it today at the $2.0000 level, you're extremely fortunate. Opportunities like this are rare—once it appears, hold on tight and ride it to the top. The target is set at $4.38 around April 25th, 2025. Wishing you great luck and success.
Hitting a key level here on a weekly timeframe Needs to cool off here to a level that has further support for gains or this will be a blow off top
Waiting for retracement and continue bullish Follow the trend, let the market bend Trade at your own risk.
Looks like a potential ABC correction is forming which lines up pretty well with my prior idea about a death cross happening late April. If that all plays out then we can see SPX going much lower and maybe even signaling bigger problems in the economy.