On the above 13hr chart price action has dropped 80% in the last 50 days. Now is a opportunity to scoop up some magic beans from desperate sellers. Buy why? 1) Price action and RSI resistance breakouts. 2) RSI trend reversal. 3) Regular bullish divergence. Is it possible price continues down? Sure. Is it probable? No. Ww
BBRI is now probably trade in the end of its deep correction, as on the technical view, by the Elliot Waves count, it is now completing the WAVE 5 of C (it confirmed by the Bullish Divergence on MACD). The price could be be a little lower on the next 1-5 trading days to the 3050-3150, which is the 78.6% fibonacci retracement from broken uptrend. It is really strong support and i believe i would not be broken. For about 6-12 months ahead, aim for minimum target of 30% return from this level. Are you going with me??? CHEEERRRSSS...
Tracking a Wyckoff Re-accumulation Pattern on BTC Daily Chart. This concept outlines how smart money "moneypulate" the market to fill their bags at a lower price by hunting liquidity and trapping other traders. If this pattern plays out there's a +25%climb back to ATH over the coming weeks, BTC Got a nice bounce right in a Fair Value Gap identified on the 4-hour chart, which also lies within a daily Fair value gap, It hit exactly! This is the potential spring of the Wyckoff re-accumulation pattern playing out where there is a lot of liquidity and support, just below is the neckline of the massive weekly reverse head and shoulder pattern, so a retest of the neckline - AKA this "Crash" is a normal move as price regularly(not always) will retest the breakout. Stochastic RSI was nicely reset on the bottom and oversold, and its possible there is a strong bounce from this area back to ATH and beyond. I Will continue to track this almost textbook looking pattern, Would love to know your thoughts on this!
The recently launched BIST:BERA token, built on the Berachain blockchain, has caught the attention of traders and investors after surging 8% today, defying market odds. With a well-formed bullish flag pattern, technical indicators suggest a potential rally of 30% or more if key levels hold. Technical Analysis BIST:BERA has been consolidating within a bullish flag pattern, a continuation signal that often precedes a significant breakout. The Relative Strength Index (RSI) is at 65, indicating strong momentum without being overbought, allowing room for further upside. The 38.2% Fibonacci retracement level serves as key support. A break below this level could invalidate the bullish outlook and lead to a potential trend reversal. With these factors in play, a breakout above resistance could send BIST:BERA soaring toward the anticipated 30% upside target. Berachain's Explosive Growth Beyond the technical setup, Berachain boasts impressive fundamentals that add to its bullish case: - $3.212 Billion TVL: Data from DeFiLlama reveals that the Berachain ecosystem holds an astonishing $3.212 billion in Total Value Locked (TVL), an extraordinary achievement for a blockchain launched just months ago. - $798.24 Million in Stablecoins: The ecosystem also has $798.24 million locked in stablecoins, further demonstrating the network’s credibility and adoption. Berachain Price Live Data As of now, BIST:BERA is trading at $8.28, with a 24-hour trading volume of $492,482,647. It has climbed 8.17% in the last 24 hours with a market cap of $890,051,046*and a circulating supply of 107,480,000 BERA. Conclusion With strong technical indicators and robust fundamentals, BIST:BERA is positioned for a potential rally. If it breaks out from its bullish flag pattern while maintaining key Fibonacci support, a 30% surge could be on the horizon. However, a drop below support might trigger a pullback, so traders should stay vigilant.
https://www.tradingview.com/x/XBOzy2x8/ ✅AUD_CAD has been falling recently And the pair seems locally oversold So as the pair is approaching a horizontal support of 0.8934 Price growth is to be expected LONG? ✅Like and subscribe to never miss a new idea!✅
### **Analysis & Description:** This 1-hour chart of **Gold (XAU/USD)** from **OANDA** presents a strong **bearish move** following a key **liquidity grab and rejection** from the 2,942–2,950 resistance zone. #### **Key Observations:** - **Fair Value Gap (FGV 4H)**: The price initially tapped into the imbalance before facing a strong rejection. - **Liquidity Sweep**: The sharp move up prior to the decline suggests that smart money may have induced liquidity before the major bearish move. - **Bearish Break & Retest**: The price has broken through significant **support levels** around 2,892 and 2,878 and is now approaching the next support at **2,834**. - **Fibonacci & Structure**: The Fibonacci retracement aligns with a deeper correction, with the price possibly targeting **2,820–2,800** if bearish momentum continues. - **Risk-Reward Setup**: The risk-to-reward ratio in this trade setup suggests a well-executed short position, capturing nearly **3.70% downward movement** (approx. **-108 points**). ### **Potential Scenarios:** ? **Bearish Case:** If the price sustains below 2,844 and fails to reclaim key resistance zones, further downside is likely toward **2,820–2,800**. ? **Bullish Case:** A strong bounce from current levels (2,834) could trigger a short-term retracement before resuming downward momentum. #### **Final Thought:** Gold remains in a **strong downtrend**, and traders should watch for price action confirmation around support levels before considering further positions.
Over the past seven days, Bitcoin experienced a significant decline, dropping 2,440 pips before finding support around the 78,261 level. This area acted as a key zone of interest due to multiple technical confluences aligning, ultimately halting further downside movement. As a result, we are now witnessing a reaction at this level. Looking ahead, I anticipate two potential scenarios. Bitcoin could revisit this support level, forming a double-bottom structure before initiating an upward push toward 91,500. Alternatively, it may first rally toward 91,500 before facing a rejection, leading to a corrective move down to approximately 71,500. If this pullback materializes and establishes a strong base, I expect Bitcoin to gain bullish momentum, eventually setting a new all-time high in the coming months. Daily Chart Total Crypto Cap There were multiple confluences to see an reaction at 2.6T. https://www.tradingview.com/x/8vsYSVN3/
### **Title: GOLD | Bearish Retest at Key Resistance – More Downside Ahead?** ### **Analysis & Description:** This **1-hour chart of XAU/USD (Gold vs. U.S. Dollar)** presents a clear **bearish structure**, with price currently testing a key **support-turned-resistance zone**. The downward trajectory suggests a **potential continuation to the downside** after a minor pullback. #### **Key Observations:** 1. **Break and Retest Pattern:** - Price has **broken below** a critical support level and is now **retesting it as resistance** (marked by horizontal lines). - This classic **bearish retest** setup suggests that sellers may step in to push prices lower. 2. **Two Possible Scenarios:** - **Scenario 1 (Primary Bearish Case):** - If price rejects this resistance, we could see **a strong continuation downward**, targeting **$2,820 – $2,780 levels**. - This aligns with the **trend structure of lower highs and lower lows**. - **Scenario 2 (Less Likely Bullish Case):** - If bulls manage to reclaim and break above **$2,860**, we may see a short-term reversal, with the next resistance near **$2,880 – $2,900**. 3. **Trading Strategy:** - **Short Setup:** - Look for rejection signals at resistance (**$2,850 – $2,860**), such as bearish engulfing candles or wicks. - Enter short positions with **stop-loss above $2,865**. - Target price zones around **$2,820 – $2,780** for profit-taking. - **Alternative Bullish Setup:** - A confirmed breakout above **$2,860** could open the way for a short-term rally. ### **Conclusion:** Gold remains **bearish**, and this current pullback into resistance could provide a **selling opportunity** if rejection confirms. However, traders should monitor key **economic news events** that could impact gold’s movement. ? **Do you think gold will continue dropping, or will bulls take control? Let me know in the comments!** ?
I believe last drop has just accomplished the end of wave C. We are ready to go to the next impulse wave up! LET'S GO ADAUSD.. CHEEERRRSSS...!!!
This chart shows a clear correlation between the global M2 liquidity and bitcoin. Suggesting the possibility of a swift recovery.