If dominance of ETH can't handle 10% we will see dominance around 7% because double top pattern on monthly - weekly timeframe But if not break we will see some consolidation here and waiting for other news
Hello everyone, let's analyze today's gold price with Victor! Currently, gold is trading around $2,861, showing a slight increase of 0.16% for the day. On Friday, gold experienced a slight decline, dropping to nearly $2,860 per ounce following the release of the U.S. labor market report for January. Meanwhile, the U.S. Dollar (USD) is struggling to gain any meaningful traction amid expectations that the Federal Reserve (Fed) will cut borrowing costs twice this year. This expectation has led to a sharp recent decline in U.S. Treasury yields, which, in turn, has acted as a bullish catalyst for gold, a non-yielding asset, ahead of the critical U.S. Non-Farm Payrolls (NFP) report. As observed on the 1-hour chart, gold prices are reacting around the 34-EMA, with the formation of a harmonic pattern, suggesting that the uptrend is not over as long as prices hold above the $2,852 support level. The immediate focus is on the $2,879 resistance level. If gold manages to break and consolidate above this key level, it could pave the way for the next bullish rally. This upward move could potentially drive prices toward the $3,000 mark.
Entry conditions: (i) higher share price for ASX:AMI above the level of the potential outside week noted on 30th/31st January (i.e.: above the level of $0.20). Stop loss for the trade would be: (i) below the low of the outside week on 29th January (i.e.: below $0.17), should the trade activate.
Coverage of the chart as a reflexion of reality without TA bias because the chart is already a self-referential source. Visualizing the relativistic structure of price movements using Fibonacci Channels, mapping historical significance onto a probabilistic framework. The intersections of these channels define areas of probability density, highlighting potential attractors and repellers for price. This structured projection offers a fractal-based roadmap of price behavior, where past cyclical relationships guide future targets. Frames of Reference: HH 2021 × LL 2023 → LL 2024 https://www.tradingview.com/x/vHy5MVlb/ Regressive HH 2021 → LL 2024 https://www.tradingview.com/x/iR54jwmJ/ Regressive LL 2023 → HH 2024 https://www.tradingview.com/x/OzEj5Ozu/ Interconnected historic prices project probabilistic levels at intersections (Interference Pattern in QM). Use them to evaluate your own targets.
Last night, the international gold market experienced significant volatility. At one point, gold prices surged by $35, rising from $2,851 to $2,886 per ounce. However, at this level, profit-taking activities emerged, leading to a pullback. As a result, gold prices declined and closed at $2,861 per ounce early on February 8, still up $5 compared to the previous day's level of $2,856. Analysts suggest that global gold prices continue to heat up due to persistent safe-haven demand. Investors remain anxious about rapid policy shifts in the U.S., fueling a continuous flight to precious metals. Another contributing factor was the sell-off in the stock market overnight, driven by growing concerns over economic instability. As a result, many investors shifted their capital into gold, making its strong rally unsurprising.
I closed all my options except some short dated cheap OTM calls and puts in lots of 15 to hold as standard options post split, more as a lotto and protection for shares. I exercised all the 0.5c calls, the profit wasn't that high and it brought my average price down quite a bit. I have no idea how its going to move post split. Sized for sideways or down. If it does drop farther I'll add after it stabilizes. Long play for me.
Hey! Currently, MSTX is exhibiting bullish structural development, aligning with what could be a textbook re-accumulation phase ahead of a major move to the upside. Looking for price to break above $64.40 with Volume and Strength. All up to BTC of course. Key Technical Signals: The bottom of the current structure exhibits a converging IHS (Inverse Head & Shoulders) and Double Bottom—a powerful bullish reversal pattern. Bullish Continuation Divergence confirms hidden strength as price action builds momentum for a breakout. The macro trend aligns with MSTR and BTC correlations, historically leading to explosive price action when BTC enters an expansion phase. BTC, MSTR & MSTX Projections Based on Historical Relativity BTC currently: $96,750 MSTR currently: $327 MSTX currently: $41 If BTC Rises 20% to $116,000 Historically, MSTR moves 3x BTC, meaning MSTR could rise to ~$522. MSTX, as a 2x leveraged ETF on MSTR, could reach ~$90. If BTC Reaches $180,000 (~86% Gain) MSTR, moving 3x BTC, would explode to ~$1,171. MSTX, moving 2x MSTR, could reach $252. Factoring in MSTR Share Dilution MSTR’s ongoing share issuance to buy BTC may introduce slight dilution. MSTR sells shares and uses the capital to buy more BTC. However, historically, BTC's price appreciation has vastly outpaced dilution effects, making MSTR's BTC holdings per share continue to rise significantly over time. Why This Setup is High Conviction MSTX provides leveraged exposure, amplifying potential returns. BTC is already trending towards new highs, increasing probabilities of continuation. This trade setup has the potential for a 5x move or more if BTC continues its cycle. Mute the noise. There is technical bullishness in this chart. Set alerts and stick to a plan. Thank you for your time and happy trading! OnePath
This a big short! I just hopped into this toncoin short. On top of my trading plan and strategy I also identified what looks to be a falling wedge type of pattern, am already bearish so my bias is that it will break to the downside. Its measured target is $3.2939 but am looking to scale out most of the position around $3.4955. That be roughly 3.7RR from my entry ...alts are capitulating!
AMEX:SPY CME_MINI:ES1! SP:SPX January Barometer: The month of January has already closed with a net gain over December. Therefore, in accordance with the January Barometer this suggests a positive year. First Five Days Indicator: The first five trading days being positive further supports this outlook. Although they were barely positive at +0.6% it still counts. December Low Indicator: This indicator is bearish if the December low is taken out in Q1 of the year. Unfortunately, the December low was already breached in January, which adds a note of caution. We now have two bullish indicators and one negative indicator. Presidential Cycle: With 2025 being the first year of a presidential term, historically this has been bearish for the stock market. It brings uncertainty, which may temper expectations. This is the year where presidents typically enact changes and tough fiscal measures, although president Trump may prove to be atypical here; especially if he enacts any of his tax policies, rate cuts or large government spending programs this year. So, while this indicator is bearish, it has a caveat given how unorthodox Trump is as a president. For example, in 2016 the stock market was very volatile but still gained 10% under Trump’s first term year. Outlook: Combining these factors, the outlook for 2025 is cautiously optimistic. While the January barometer and the first 5 days indicator point to a positive year, the breach of the December low coupled with this being the first-year of a presidential cycle suggests a volatile to bearish year. When combining all indicators we arrive at the conclusion that we are in for a volatile RANGE year. The bulls and bears will battle it out in a tug of war. While January-April tend to be seasonally bullish, May-October tend to be bearish. November and December are seasonally bullish too. So whether the year closes with a slight gain or slight loss isn’t the focus. The best approach for this year is to capitalize on the swings. Therefore, mean reversion strategies (buy low, sell high) are ideal. Momentum and breakout strategies should be avoided. Finally, avoid being caught in a drawdown in the May-October period and position yourself to capitalize on the Nov-Dec seasonally bullish period.
the coin seems to be flipping up out of the riddlers hand, batman sees a big w in the sky.