Its given knowledge at XRP is due to bounce with all the news around, so we have hit the resistance for the trend in 4H and now is the time to bounce
? Key Support Zone at $6 - $9: INJ is consolidating in a strong accumulation zone between $6 and $9, indicating a potential reversal. ? Upside Target: $50+ If INJ breaks out from this zone and gains momentum, it could target $20, $30, and potentially $50 in the long run. ? Risk Level at $5.80: A breakdown below $6 could invalidate the bullish outlook, signaling further downside risk. ? Action Plan: Ideal accumulation range: $6 - $9 First confirmation: Break above $12 Strong bullish confirmation: Break above $20 Monitor volume and price action near the resistance levels. This setup suggests a high reward potential if INJ sustains above support and follows the projected path.
{ "analysis": { "trend": "bearish", "current_price": 3023.03, "key_levels": { "support": { "S1": { "level": 2999.11, "strength": "minor" }, "S2": { "level": 2982.87, "strength": "major" } }, "resistance": { "R1": { "level": 3035.15, "strength": "minor" }, "R2": { "level": 3044.94, "strength": "moderate" }, "R3": { "level": 3057.42, "strength": "major" } } }, "technical_indicators": { "Fibonacci_retracement": { "0.382": 3021.38, "0.5": 3028.27, "0.618": 3035.15, "0.786": 3044.94, "1.0": 3057.42 }, "ABC_correction_pattern": { "A": 3028.27, "B": 3035.15, "C": 2999.11 } } }, "trade_plans": [ { "strategy": "sell_on_retracement", "entry_zone": "3028 - 3035", "stop_loss": 3046, "take_profits": , "risk_reward_ratio": "1:2" }, { "strategy": "buy_on_support_bounce", "entry_zone": "2982 - 2999", "stop_loss": 2970, "take_profits": , "risk_reward_ratio": "1:2" } ], "risk_management": { "account_size": 10000, "risk_percentage": 1, "risk_amount": 100, "lot_size_calculation": "based on stop loss and volatility" } }
Gold fell on Friday, falling to the lowest level of 2999 and then began to rebound strongly. Overall, if we say that gold has peaked now, it is too early, because there are still many uncertainties to stimulate the increase in risk aversion, so it is possible that gold will rise again. However, the impact of the news is only one aspect of our reference. However, the impact of news is only one aspect for our reference. After all, a lot of information cannot be known in time. We can only say that we should pay attention to the existence of this risk factor, so we still start from the technical level. There is still room for gold to rebound next week. We will first focus on the short-term suppression of 3025-30. From the hourly analysis, pay attention to the support of 3005-3000 below. If it does not break after the retracement, continue to be bullish. Pay attention to the short-term suppression of 3025-3030 above, and focus on the suppression of 3045-57 above. The operation still maintains the same rhythm of the main multi-trend. If you don’t know when to enter the market, you can pay attention to me. I will release specific signals in real time and pay attention to it in time. Gold operation strategy for next week: Gold will go long after stepping back from 3005-3000, and the target is 3025-3030.
Lower Highs & Lower Lows: The price consistently prints lower highs and lower lows, confirming a bearish structure. The price is moving along the lower band, indicating persistent bearish pressure. The middle band (moving average) is acting as a resistance level. Support: Around $0.20 - $0.21 (current price zone), as it appears to be stabilizing near the lower Bollinger Band. Resistance: Near $0.28 - $0.30 (middle Bollinger Band) and a stronger resistance at $0.35. Volume has been relatively low, suggesting weak buying interest. If $0.20 breaks down, the next strong support might be around $0.15.
Rsi- Bullish Reading TTM - Squeezing ADX- Curling higher MacD- Bullish momentum As we’re building a flag the break could be strong for a gap fill on the 4HR regular trading hours NYSE:U
Bullish Daily TIME Cycle is almost completed and Bitcoin still playing lazy it hasn't even been able to stay afloat above the $85500 mark and TIME is running out . Needs to print a higher high above the GETTEX:92K line to break the downtrend direction and retake the Weekly uptrend that paused on 2nd week of December 2024 . bulls need to come out and pump hard and I mean HARD with a big green daily candle all the way to GETTEX:92K to print that much needed higher high otherwise prepare for a hard landing. Buckle up ladies and gentlemen and grab your popcorns.
Gold has been bullish for quite a few months. And past week also finished with a bullish candle. I am still bullish on it next week. However, in smaller timeframes, there are some short term bearish signals. Therefore, I would expect at the beginning of next week, gold will drop first and pick up the buying momentum at later stage of the week. I have drawn the weekly trendline. Gold may drop to the trendline and rise from there. Let's see smaller timeframe price actions for better decision next week. Stage tune for my daily intraday analysis.
Support: Around $1,100 (recent swing low). Resistance: Around $1,400 (recent swing high). If the price falls below the middle band, the lower band could act as support. A drop below $1,100 could lead to further downside towards $900.
TVC:PLATINUM CAPITALCOM:PLATINUM Platinum is absolutely undervalued and is currently trading at only $975 USD. The Gold to Platinum Ratio just hit a new all time high with the Current Ratio being 3,09 even though Platinum has traded since the 1970s till 2016 at a consistent average of 1:1. Gold's all time low against Platinum was at 0,42 in June 2008; AKA the 'Great Financial Crisis'. Every single indicator shows that right now is the perfect time to buy Platinum especially because the 'Gold rush' is in its absolute final stages. Keep in mind that Platinum is around 15 times rarer than Gold on Planet Earth. May fortune favor the bold, and as always - DYOR NFA ! ;) CYANE