gold has been ranging for the past few days in this area. breakout structure will define its true directions.
Bitcoin price has been consolidating between $94,000 and $100,000 since early February, hovering around $98,000 at the time of writing on Friday. Despite this consolidation, US Bitcoin spot ETFs data recorded a total net outflow of $489.60 million until Thursday, hinting signs of weakness among institutional investors.
?#MCX Spot Buy Setup Last Close : 5541 , Buy Dip Till 5401 For The Target 5876—6244
It seems time and time again with BTC we are looking at either accumulation or a distribution pattern, make of it what you will but remember that markets never i repeat NEVER lie
Based on the H1 chart analysis, the price is falling our buy entry level at 189.11, a pullback support. Our take profit is set at 189.99, a pullback resistance that aligns with the 61.8% Fibo retracement. The stop loss is placed at 188.20, a swing low support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (fxcm.com/uk): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (fxcm.com/eu): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (fxcm.com/au): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at fxcm.com/au Stratos Global LLC (fxcm.com/markets): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
The pair is locked in within a tight range, and also within a wider range, that lies between 18.1350 and 18.6000. The 6 hourly is somewhat positive as a note, but the shorter time frames show potential pressure downward. I am non committed as i do not see the need, as it is not very clear picture. However, my viewpoint is of a slightly weaker pair in coming sessions. Strategy SELL near 18.3850 - 18.4350 range and take profit near 18.2750 for now. Near the lower end of the channel, BUY strategies may be the way to go.
COQUSDT at a Turning Point: Is the Bottom in? COQUSDT is sitting at a critical juncture, hovering near $0.007427, a level that’s still 56% above its all-time low but nearly 89% off its peak. After weeks of sideways action, buy volumes have surged at key points, hinting at possible accumulation. But with RSI (14) at 35.6, are we witnessing the final stages of oversold conditions, or is there more downside ahead? The 200-day MA looms at $0.010096, far above the current price, showing just how deeply this asset has been discounted. Momentum indicators suggest that COQUSDT is battling heavy resistance at $0.008245, a level that could determine the next leg of movement. The question is: Are bulls strong enough to flip this level into support, or will bears force a retest of the lower range? With a mix of increased buy-side activity and lingering bearish pressure, the market is at a crucial decision point. Will we see a breakout to test the 100-day MA at $0.009132, or is another sell-off lurking around the corner? Buckle up—this could be the moment traders have been waiting for. Roadmap: COQUSDT’s Recent Patterns – Are We Seeing a Reversal? The market never lies—price action is the ultimate storyteller. Over the past few sessions, COQUSDT has been flashing some intriguing signals. Let's break down the key patterns that played out, separating the noise from the real moves. February 21, 20:00 UTC – Buy Volumes Surge A major Buy Volumes pattern kicked in as COQUSDT opened at $0.008589 and closed higher at $0.008975, testing resistance near $0.009193. The setup suggested an upward continuation, but was it enough? February 21, 21:00 UTC – Confirmation of Strength Bulls doubled down with another Increased Buy Volumes pattern, pushing the close up to $0.009475, hitting a session high of $0.009639. This confirmed the previous signal—buyers were stepping in aggressively. February 22, 08:00 UTC – VSA Buy Pattern 4 Appears The formation of a VSA Manipulation Buy Pattern 4th hinted at accumulation. The price action showed a minor retrace before stabilizing at $0.009158. However, the real test was ahead: Would buyers maintain control? February 23, 13:00 UTC – A Battle at Resistance A powerful VSA Manipulation Buy Pattern 3rd formed, keeping the buy-side momentum alive. The asset climbed further, closing at $0.009186—almost a direct follow-through from the prior pattern. February 23, 16:00 UTC – Bears Strike Back A major shift came as a Sell Volumes Max pattern emerged. The price reversed hard, closing down at $0.008515, marking the first sign of bearish dominance since the rally began. February 24, 15:00 UTC – Sell Pressure Increases Following the sell-off, the next candle confirmed more downside pressure with an Increased Sell Volumes pattern. The close at $0.007824 meant the bulls had officially lost their grip—momentum had shifted. February 24, 16:00 UTC – Buyers Attempt a Comeback Just when things looked bleak, a Buy Volumes Max pattern emerged. The asset rebounded slightly, closing at $0.007895, attempting to reclaim lost ground. The takeaway? The buy-side momentum played out correctly up until February 23, proving that the earlier bullish patterns were accurate indicators of the rally. However, the sell signals on February 23-24 completely flipped the script, showing how fast sentiment can shift. What’s Next? If buy volumes continue to build, we could see another attempt at breaking resistance around $0.008245. But if the sellers maintain control, expect further downside pressure. Stay sharp—this market is moving fast. Technical & Price Action Analysis: Key Levels to Watch Levels don’t lie—price respects structure, and smart money knows where liquidity is stacked. Here’s the real deal on support and resistance for COQUSDT. If a level doesn’t hold, expect it to flip into a new battlefield for bulls and bears. Support Levels: $0.005691 – First line of defense. If buyers don’t step in, we could see a deeper dive. $0.00551 – The last standard support before things get ugly. A break below could open up a liquidity grab. Resistance Levels: $0.008245 – Immediate ceiling. Needs a strong push to flip bullish. $0.009099 – A key decision point. Rejection here and sellers will pile in. $0.010465 – A major pivot area. Break and hold above? We’re talking trend shift. $0.011432 – Bulls need to own this level for sustained momentum. $0.012347 – The breakout zone. If we see clean closes above, the game changes. Powerful Support Levels: $0.01302 – The fortress. If COQUSDT ever gets back above this, it’s game on for bulls. Remember: If these supports fail, they become resistance. That’s how price action works—liquidity zones shift, and traders reposition. Watch the reactions, manage risk, and don’t get caught on the wrong side of the play. Trading Strategies Using Fibonacci Rays Understanding price action means reacting to movement, not predicting levels. My proprietary Fibonacci Rays method helps identify dynamic zones where price interacts before making its next big move. Each ray serves as a pivot, defining whether price rejects or continues. These rays are already drawn on your chart, intersecting with VSA patterns and Moving Averages, giving you a structured roadmap for trades. Let’s break down the possible scenarios: Optimistic Scenario: Breakout & Trend Continuation If COQUSDT interacts with a key ray and confirms bullish movement, we ride the trend from one ray to the next, securing targets along the way. Long Entry: Above $0.008245 (First Resistance) Target 1: $0.009099 Target 2: $0.010465 Target 3: $0.011432 (Major trend shift) Invalidation: Below $0.008000 (Rejection from ray) Aggressive Long: If price reclaims MA50 ($0.008452) Target 1: $0.009132 (MA100) Target 2: $0.010096 (MA200) Invalidation: Close below MA50 with volume spike Pessimistic Scenario: Rejection & Trend Weakness If price interacts with a ray but fails to confirm strength, we look for short opportunities targeting the next dynamic level. Short Entry: Below $0.008245 (Failed breakout) Target 1: $0.007427 (Current support) Target 2: $0.005691 (Deeper correction zone) Invalidation: Close above $0.008500 with strong momentum Breakdown Short: If price loses MA50 and MA100 together Target 1: $0.00551 (Final major support) Invalidation: Price reclaims MA100 & MA50 with buy volume ? Key Takeaway: Positions should be taken only after price interacts with a ray and confirms movement. No blind entries—wait for market structure to guide you. Every ray crossover is a checkpoint, where price moves from one level to the next, giving traders a clear trade flow. What’s Next? Let’s Talk Strategy! Trading is all about understanding key reaction zones—that’s why I lay everything out before price makes its move. If you found this breakdown useful, make sure to Boost this idea and save it—check back later and see how price respects the levels. That’s how you sharpen your edge in the market. Got questions? Drop them in the comments! I always check and reply when I can. Let’s discuss setups, levels, or anything that needs clarification. My Fibonacci Rays indicator does all the heavy lifting—mapping levels and rays automatically. It’s Private, but if you’re interested in using it, shoot me a DM. Want a breakdown for your favorite asset? I can analyze any chart—some ideas I post for free, while others we can discuss privately. If you have something specific in mind, let’s talk! And remember—these rays work on ANY asset. If you want me to chart a specific one, hit Boost and drop a comment—I’ll get to it when I can. If you’re not following me yet, now’s the time. Stay ahead of the market with my latest updates right here on TradingView. ?
Based on the H1 chart analysis, the price is approaching our buy entry level at 149.76, a pullback support that aligns with the 38.2% Fibonacci retracement. Our take profit is set at 151.16, a pullback resistance that aligns with the 38.2% Fibo retracement and the 127.2% Fibo extension, forming a Fibonacci confluence that could act as a key resistance level. The stop loss is placed at 148.83, a swing low support. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (fxcm.com/uk): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (fxcm.com/eu): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (fxcm.com/au): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at fxcm.com/au Stratos Global LLC (fxcm.com/markets): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Not much to say here. All running to plan! I’m looking to see a rush into $2969 from here before ranging and taking targets at $2980. Thanks For Playing ??
BITCOIN 1 DAY SCENARIO A (Yellow) is playing out but can still bounce for SCENARIO B1, 80 BB MEdian is quite a dip, but perhaps be the Buy-the-dip situation if it bounces higher,. SCENARIO C will cause a panic! Entry levels 73k (best scenario for me )