? Disclaimer: I'm just a lunatic with a keyboard. This is NOT financial advice. ? Trade at your own risk, and always use protection (stop losses, people). Overview Bitcoin is on a rampage, but I believe the party might be coming to an end (for now). Based on historical cycles, technical structures, and my sixth sense for market chaos, we might be looking at a brutal correction before BTC resumes its journey to the moon. Key Technical Insights Broadening Wedge of Doom BTC has been stuck in a broadening wedge formation and has some concerning bearish signs but hey, it’s Bitcoin, so who knows? If this plays out, we could see a nasty dip to the mid $30K ( hey i warned you i was crazy) range before liftoff. Critical Levels to Watch ? Moon Resistance: ~$100,000 - $108,000 ? Key Supports: Mid-range: $73,444 Panic Zone:
BTC is facing resistance around $87,500 and showing signs of rejection. A short-term drop towards $80,000 – $81,000 is likely, with mid-term targets at $70,000 – $74,000. ? Key Resistance: $87,500 – $89,000 ? Short-Term Support: $80,000 – $81,000 ? Mid-Term Target: $70,000 – $74,000 ? Invalidation: A breakout above $89,200 ? Market makers may create liquidity traps before the next move down. Watch for fake breakouts before confirmation!
Traders! We are starting again the new trading week! This week is looking good in terms of structure as the price seems like it has reached the potential zones! Today I have NZDJPY On my watch. This pair has reached the value area and we've seen a complete structure, What I only wait is the confirmational entry. Let's look at this with a close aye today!
AUD/CAD Reversal Trade Setup: Key Levels to Watch Market Overview The AUD/CAD currency pair has shown a strong historical support level around 0.89867, where price has consistently bounced in previous weeks. This suggests a potential bullish reversal in the short term. Trade Setup Entry: Buy at 0.90246 Stop Loss (SL): 0.89867 (below key support level) Take Profit (TP): 0.91212 (next major resistance level) Analysis & Rationale Technical Support Zone: The 0.89867 area has acted as a strong demand zone, reinforcing a possible price rebound. Risk-to-Reward Ratio: This setup offers a favorable risk-to-reward ratio, ensuring optimal risk management. Trend Confirmation: A confirmed bounce off support will provide further confidence in the bullish momentum. Trading Plan & Execution Wait for a clear bullish confirmation at 0.90246 before entering. If price action aligns with expectations, gradually add positions on pullbacks while maintaining stop-loss discipline. Close the trade at 0.91212 or trail stop to maximize gains if momentum remains strong. This trade idea aligns with technical analysis principles, leveraging key support and resistance levels. However, always monitor market conditions, and adjust accordingly to maximize profitability. ? Risk Warning: Always use proper risk management strategies, and trade according to your personal risk tolerance.
Symbol: QUBIC/USDT Higher Time Frame (HTF): 4-hour Entry Time Frame (ETF): 4-hour Strategy: 4-hour demand at ETF PBL Status: Open R: 0 Before I have been waiting for this moment to buy into QUBIC, as the technological offering is profound. I waited for price to form a base - and before I started buying, I wanted demnd to form, and I wanted to see supply begin to get consumed. This was key. This started to happen a few weeks ago, and this is when I wanted to begin to accumulate a long position. Narrative I started buying at market, as price began to accumulate. I also put a limit order in, which was recently filled. I am going to hold this position for some time, as I feel that this project has masive potential and utility. All orders are now filled and working, now it's just a waiting game. Emotions: None. Management: None. Notes: None.
All the information you need to find a high probability trade are in front of you on the charts so build your trading decisions on 'the facts' of the chart NOT what you think or what you want to happen or even what you heard will happen. If you have enough facts telling you to trade in a certain direction and therefore enough confluence to take a trade, then this is how you will gain consistency in you trading and build confidence. Check out my trade idea!! https://www.tradingview.com/?aff_id=109100
In the analysis, we identified a Swing High and Swing Low, and subsequently located the 4-hour CRT model. After marking the model, we analyzed the associated order block in the context of a buy setup, leveraging the PD Array to confirm the demand level. With the PO3 concept applied, we identified an additional entry point for the buy setup. To optimize the trade, the order block was marked, and the Take Profit (TP) level was set at the CRT high, while the Stop Loss (SL) was positioned at the low of the order block. This strategy aligns with both the demand zone and the overall market structure, ensuring a well-defined risk-to-reward ratio.
the very important resistance area is about 92k at the moment, which needs to break for bull run confirmation.
Based on Negative reversals occured on the RSI indicator in weekly timeframe....
Gold market analysis: Last week, gold kept rising, but suddenly turned around and began to give back on Friday. The position of 3020 was broken, and it was not so strong in the short term. Is the big top of gold coming? This is the focus of traders at present. Judging from the previous pattern and moving average indicators, its adjustment has not changed the weekly trend. The weekly line closed positive last week, but there was a relatively long upper shadow line. The big top requires time and space to exchange. At present, I think there are signs of building a top, but it has not reached the top. The long-term trend is still buying, and the short-term has begun to repair. This week, we should not keep bullish and should adjust. Today, we will first look at the range decline. The rhythm of the shock must be grasped to grab big profits. The above analysis chart of gold shows that a downward trend channel has been formed in 1H. The suppression position of the downward trend channel is around 3032. If this position is not broken, it is basically weak. The suppression position of the hourly pattern is 3026, which is also the high point of today's Asian session. Today's idea is to sell based on these two positions if it rebounds first, and pay attention to the long position around 3000. Support is 3000 and super support is 2982, suppression is 3026 and 3032, and the strength dividing line of the market is 3017. Operation suggestion: Gold----Sell near 3026, target 3000-2982