Gold tested resistance near 3060 yesterday after the Fed rate decision, and this test of resistance was effective. However, gold's uptrend is not over. Watch the 3020 to 3030 range below support, and continue to go long when prices reach this area. ??? XAUUSD ??? ? Buy@3020 - 3025 ? TP 3040 3050 3060 ? Sell@3050 - 3060 ? TP 3040 3030 3020 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad If you also aspire to achieve financial freedom，Follow the link below to get my daily strategy updates
### **Bitcoin (BTC/USD) Price Action Analysis – March 20, 2025** #### **Chart Overview:** - This chart represents the **15-minute timeframe** for **Bitcoin (BTC/USD)** on the **Bitstamp exchange**. - The background is orange, with key price levels marked by **purple and blue horizontal zones**. #### **Key Observations:** 1. **Resistance Zone (~86,500 - 87,000):** - Marked by a **purple box**, this area acted as a **strong supply zone**, causing price rejection. - Price tested this zone and failed to break above, leading to a bearish move. 2. **Support Zone (~83,500 - 83,800):** - Another **purple box** marks a **demand zone**, where price is currently testing. - If this support holds, we might see a **bullish rebound**. 3. **Mid-Level (~85,143):** - A **blue horizontal line** represents an intermediate support/resistance level. - It previously acted as a consolidation area before the drop. 4. **Current Market Behavior:** - The price is in a **downtrend**, with a recent **strong sell-off**. - The green and red shaded area suggests a **potential retracement zone** for a pullback before further movement. - If support holds, a bounce towards **85,143 or higher** is possible. - If support breaks, price may drop **below 83,500**, extending the bearish trend. ### **Conclusion:** - **Bullish Case:** Price rebounds from the support zone and heads back towards **85,143+**. - **Bearish Case:** If Bitcoin fails to hold above **83,500**, further downside is likely.
Bitcoin will probably make a new local high before testing the strong global support.
Personal Analysis: ?Because it is being sold off after failing to break above 3040 to maintain its strong upward momentum. It is currently moving sideways in the 3034-3040 zone. If there is any break, the nearest short-term support zone will be 3027 and further 3016 ?Based on trend lines and resistance - support levels to come up with suitable strategies Plan: ? Price Zone Setup: ?Sell Gold 3040 - 3042 ❌SL: 3046 | ✅TP: 3035 – 3030 - 3023 FM wishes you a successful trading day ???
SPY Resistance at 570. The 570 level in SPY likely corresponds to a high gamma concentration for 0DTE (zero days to expiration) options. At this strike, market makers short gamma (i.e., net sellers of options) at this level would dynamically delta-hedge by selling SPY as the price approaches 570, creating selling pressure and resistance. Next resistance level 575. For VXX , the 48 level likely represents a put-dominated gamma zone: If market makers are net long puts, they would buy VXX as prices decline toward 48 to hedge against further downside, creating support. Next support level 46.50
Bitcoin's recent price action has ignited a renewed sense of optimism within the crypto community. A confluence of factors, ranging from whale activity and political pronouncements to macroeconomic indicators and regulatory developments, is shaping the current market narrative. Whale Activity: A Harbinger of Bullish Momentum? The resurgence of Bitcoin whale activity is a significant indicator that has captured the attention of traders and analysts. Large-scale Bitcoin holders, often referred to as "whales," possess the capacity to significantly influence market dynamics.1 Their accumulation of Bitcoin can signal strong conviction and potentially trigger broader market rallies. The recent uptick in whale activity suggests a renewed interest in Bitcoin among these major players, potentially laying the foundation for a sustained upward trend. This can be viewed as the building of a strong base of long positions. Political Winds: Trump's Crypto Pronouncements and Market Sentiment Political discourse has increasingly intersected with the cryptocurrency market, with recent statements from a prominent political figure influencing market sentiment. Rhetoric emphasizing the United States as a "Bitcoin superpower" has undeniably contributed to bullish momentum. This political articulation of a crypto-friendly approach signals potential policy shifts and improved regulatory clarity, both crucial factors in attracting institutional investment. Market participants are interpreting this as a sign of acceptance, if not outright endorsement, of digital assets at the highest levels. It is worth noting that consistent pronouncements regarding the US becoming the "crypto capital of the world," while driving short term volatility, need to be followed with legislative action for long term impact. Macroeconomic Factors: Fed Policies and Inflationary Concerns The Federal Reserve's monetary policy and the evolving narrative surrounding inflation play a pivotal role in shaping Bitcoin's trajectory. Recent indications from the Fed regarding continued rate cuts, despite persistent inflationary pressures, have boosted investor confidence. This stance, coupled with Powell's assessment of certain inflationary factors, such as tariffs, as "transitory," has provided much-needed relief to risk assets, including Bitcoin. This monetary policy creates a favorable environment for investment. The combination of Fed policy confirmation and rumors of "significant updates" to US crypto plans have driven Bitcoin to new two-week highs. Technical Analysis: The $85,000 Threshold and Beyond From a technical perspective, Bitcoin's ability to reclaim the $85,000 level is considered a crucial milestone. Surpassing this threshold would validate the current bullish momentum and potentially pave the way for further gains. Analysts are closely monitoring key support and resistance levels to gauge the strength of the ongoing rally. The return of significant volume combined with the price retaking old highs lends to an increasingly bullish sentiment. BlackRock's prediction of a price shift ahead indicates a growing acceptance of Bitcoin as a mainstream asset, potentially aligning it with traditional Wall Street investments.2 These kinds of comments indicate an institutional bullish long-term perspective. Regulatory Clarity: Ripple's Resolution and Its Impact on Bitcoin The resolution of Ripple's legal battle with the SEC has sent ripples (pun intended) throughout the cryptocurrency market. This development has provided much-needed regulatory clarity, bolstering investor confidence and fostering a more favorable environment for digital assets. The jump in XRP's price after confirmation of the case coming to an end further exemplifies the markets sensitivity to regulatory action. This resolution will influence Bitcoin’s adoption rates, as investors now know the US regulatory stance may be moderating. Options Market Sentiment: A Shift Towards Bullishness The Bitcoin options market has exhibited a noticeable shift towards bullishness, particularly after Powell's "transitory inflation" remarks. This sentiment reflects increased optimism among traders and investors, potentially signaling a sustained uptrend. An increased amount of bullish options being written displays further faith in the rise of Bitcoin’s price. Bitcoin's Volatility: Navigating the Uncertainty Despite the positive developments, Bitcoin remains inherently volatile. Price swings, driven by a combination of market sentiment, news events, and technical factors, are to be expected. Investors should remain vigilant and exercise prudent risk management strategies. While large volume and long term political promises are strong positive indicators, there are still volatile short term swings to consider. Looking Ahead: The Potential for a Sustained Rally The convergence of positive catalysts, including whale activity, political support, macroeconomic factors, and regulatory clarity, paints a potentially bullish picture for Bitcoin. However, the cryptocurrency market is subject to rapid shifts, and unforeseen events can significantly impact price movements. To conclude, the present environment is ripe for sustained Bitcoin price discovery. The political and macroeconomic climates are aligning, coupled with increased whale activity and regulatory clarity. While markets will remain volatile, the trend is looking increasingly bullish.
Currently, USOIL is trading around $67 per barrel. On the supply side, while OPEC+ plans to increase production, ongoing geopolitical tensions in the Middle East are adding supply uncertainties. On the demand side, U.S. fuel demand remains resilient, but the subdued global economic outlook may limit crude oil demand growth. Technically, the daily chart shows moving averages in a bearish alignment, though the short - term RSI suggests relative market strength. If the price rebounds and faces resistance near $67.9, consider a light short with a target of $66. If the price stabilizes around $66, a long could be considered, with a target of $67. USOIL Trading Strategy sell@67.5-68 tp:66 buy@66 tp:67 I will share trading signals daily. All signals have been consistently accurate for an entire month. If you need them, you can check my profile for more information.
12M in 10 years. It will top between 180k and 300k. November is the top.
⚠️ RISK TRADE ⚠️ ? #LTC/USDT BUY ? Entry price: 91 ? Targets: 1️⃣ 97? 2️⃣100? 3️⃣106? 4️⃣109?
The EUR/GBP pair has shown a significant shift in market structure, breaking below a critical support level and signaling further downside potential. After facing strong resistance near the 0.84400 region, the price struggled to maintain bullish momentum and started forming lower highs, indicating selling pressure. Technical Breakdown: Resistance Zone: The upper boundary near 0.84400 acted as a supply area where sellers gained control. Multiple rejection candles at this level confirmed that buyers were losing strength. Support Breakdown: The price recently broke below a key support zone, which had previously acted as a demand area. This breakdown suggests a shift in market sentiment from bullish to bearish. Bearish Continuation Pattern: The chart displays a clear lower high and lower low formation, reinforcing the bearish trend. The price is now retesting the breakdown zone, which could serve as a new resistance level before further declines. Target Projection: The next major support lies at 0.82508, which aligns with a previous consolidation zone. If the bearish momentum persists, we may see a test of this level in the coming sessions. Trading Considerations: ? Bearish Bias: Traders may look for sell opportunities on pullbacks toward resistance levels. ? Confirmation: A retest of the breakdown level with rejection signals could provide a strong entry point. ? Risk Management: Stop-loss placements above 0.83800 could help manage risk in case of an unexpected bullish reversal. ? Final Thoughts: With the prevailing bearish momentum, EUR/GBP is likely to continue downward unless buyers regain control at key levels. Traders should watch for price action signals near support and resistance zones to confirm trade setups.