With the recent news of Trump backing off of Tariff enforcement and his decision to not fire the FED chair, the the EURO waterfalls back down fast as the bears takeover! I'm holding off until I can find reliable support and looking at a price target around 1.26'ish.
? Chart Analysis Summary ? Timeframe: Likely a short-term (H1 or H4) chart. ? Asset: Most probably XAU/USD (Gold) or a similar asset. ? Trend Breakdown ? Previous Trend: ✅ Strong bullish momentum ? pushing price into a resistance zone. ? Current Price Action: ? Bearish rejection from resistance ? Price got rejected exactly at the resistance zone (gray box) and the EMA 50 line ? — a classic setup for a reversal ⚠️ ? Key Technical Levels ? Resistance Zone: ? Between 3,385 – 3,400 USD ? This zone rejected price strongly (see red candles) ? Also aligned with EMA 50 (3,400.837) — confluence adds strength ? ? Support Zones: First Support Zone – ~3,285 ? ? In line with the EMA 200 (3,285.687) ?️ Might cause a temporary bounce ? Second Support Zone – ~3,240 ? Marked as the deeper support in the bear case ?️ ? If the first support breaks, this becomes the next target ? ? Indicator Insights EMA 50 (? Red): 3,400.837 – acting as dynamic resistance ? EMA 200 (? Blue): 3,285.687 – acting as dynamic support ?️ ? Price breaking below EMA 50 = first bearish sign ? Approaching EMA 200 = watch for either a bounce ? or a breakdown ? ? Bearish Setup Forecast ? Here's what the arrows show (strategy logic): ? Breakdown below resistance → strong bearish move ? Target 1: First support (EMA 200 / ~3,285) ? Minor pullback possible (fake bounce ?) ? Continuation lower toward next support (~3,240) ? Critical Zone to Watch ? ⚫️ The circle marked “FOCUS ON THIS POINT” is key: ? Failed retest = confirmation of resistance ? Price rejected this level + closed below = strong bearish signal ? ? Professional Insights Element Observation Emoji Trend Shift Bullish ➡️ Bearish reversal ?? Momentum Bearish pressure increasing ?? Risk Point Resistance near EMA 50 ⚠️? Trade Idea Short toward supports ?? Confirmation Rejection candle after retest ?️? Focus Level EMA confluence near resistance ?? ?️ Possible Trade Plan (for educational purposes only) Short Entry: Below 3,385 (after rejection ?) Stop-Loss: Above 3,405 (above EMA 50 ?) Target 1: 3,285 ? Target 2: 3,240 ?
pretty textbook if you ask me. Seems like they want some more noob moonboi liquidity before they REK you next month.
Look at this, the bottom is in. I draw a black line on the chart that matches the wick low from the 3-April candle. Today, the action is back above this low. All the action below this line is the bottom pattern. It takes time for a bottom to form and this bottom is now confirmed. Once the bottom is in, nothing else can happen other that sustained long-term growth. If the action wasn't sustained long-term, then this wouldn't be the bottom, just another low in place. This is it, feel free to go All-In with 100X... I am just kidding of course, leveraged trading is for experts and experts will never gamble their money away. We trade with 2-3X maximum when we are doing our daily work and we go to higher leverage when the market is trading at its lowest prices possible and this happens only once every 6-8 months. So, no 100X. On top of the bottom pattern there is also a falling wedge. The falling wedge has been broken and this means a broken downtrend. What happened with the token unlock? People were saying that prices were to drop because there was going to be a token unlock, but the market cycle does not care about these things. When prices are low we buy and hold, we sell when prices are high and green. The targets on the chart are just easy targets, it can go much higher... Much, much higher than what is shown on this chart. As prices grow, I will publish updates. If you are interested, make sure to boost and follow to show your support. More comments and boosts, more updates. Just let me know and I'll get it done. Namaste.
Key Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Hershey Stock Quote - Double Formation * Start Of (Diagonal) At 93.00 USD | Completed Survey * (Reversal Argument)) & Short Set Up Entry | Subdivision 1 - Triple Formation * Wave Feature On Downtrend Bias | Subdivision 2 * (TP1) | Subdivision 3 * Daily Time Frame | Trend Settings Condition - (Hypothesis On Entry Bias)) | Indexed To 100 - Position On A 1.5RR * Stop Loss At 182.00 USD * Entry At 154.00 USD * Take Profit At 113.00 USD * (Downtrend Argument)) & Pattern Confirmation (Flag Structure) * Ongoing Entry & (Neutral Area)) Active Sessions On Relevant Range & Elemented Probabilities; European-Session(Upwards) - East Coast-Session(Downwards) - Asian-Session(Ranging) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Sell
** April 22st Trade Journal & Stock Market Analysis** EOD accountability report: +325 Sleep: 3 hour, Overall health: tired **Daily Trade Signals based on VX Algo System** — 9:00 AM Market Structure flipped bullish on VX Algo X3! 10:20 AM VXAlgo NQ X1 Sell Signal 10:30 AM VXAlgo ES X1 Sell Signal 10:51 AM VXAlgo ES X1 Sell Signal 11:20 AMVXAlgo ES X1 Sell Signal (Triple signal) C+ set up 1:12 PM VXAlgo NQ X3 Sell Signal (Double X3 signal) 1:30 PM Market Structure flipped bearish on VX Algo X3! 3:00 PM Market Structure flipped bullish on VX Algo X3! 3:10 PM VXAlgo ES X1 Sell Signal (Triple signal) C+ set up
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Bitcoin's Great Decoupling: Why It Ignores Tariffs and Earnings, Fueled by Fundamentals and ETF Billions In the complex tapestry of global finance, assets typically dance to the tune of macroeconomic news, central bank policies, corporate earnings reports, and geopolitical tensions like trade tariffs. Stocks rise on strong profits, bonds react to interest rate shifts, and currencies fluctuate with trade balances. Bitcoin, however, increasingly appears to be charting its own course, seemingly indifferent to the traditional market drivers that dictate the movements of legacy assets. This phenomenon, often termed "decoupling," isn't just a statistical anomaly; it's rooted in Bitcoin's fundamental nature and is gaining significant validation through the burgeoning success of US-listed Bitcoin Exchange Traded Funds (ETFs). The core argument, as highlighted in recent market commentary, is compelling: Bitcoin's value proposition isn't tied to quarterly earnings calls, CEO performance, or the potential impact of import tariffs. It has no central bank adjusting its supply or setting its interest rate. Instead, its perceived value stems from a unique set of characteristics: verifiable digital scarcity capped at 21 million coins, a decentralized network resistant to single points of failure or control, and an emerging role as a neutral, global reserve asset in an increasingly politicized and fragmented world. Fundamentals Over Fleeting News Cycles Traditional assets are intrinsically linked to the health of economies and corporations. A weak earnings report can send a stock tumbling, while fears of a trade war can ripple through entire sectors. Bitcoin exists outside this framework. Its "earnings" are the security and finality provided by its blockchain; its "management" is the distributed network of miners and nodes enforcing consensus rules; its "monetary policy" is embedded in its immutable code. This inherent separation means that while traditional markets might gyrate based on the latest Federal Reserve announcement or geopolitical flare-up, Bitcoin's trajectory is often more influenced by factors specific to its own ecosystem: adoption rates, network upgrades, regulatory clarity (or lack thereof), halving events that reduce new supply issuance, and, crucially, capital flows into vehicles that provide access to it. The narrative suggests Bitcoin is maturing into something akin to a digital version of gold – an asset valued for its scarcity and neutrality, acting as a potential hedge against inflation, currency debasement, and systemic risks within the traditional financial system. In a world grappling with high debt levels, persistent inflation, and geopolitical instability (like the mentioned US trade war volatility), the appeal of a non-sovereign, mathematically scarce asset grows. ETF Inflows: A Roaring Stamp of Approval The most potent evidence supporting this decoupling narrative and Bitcoin's growing acceptance comes from the recent performance of US spot Bitcoin ETFs. Launched earlier in the year, these products represented a watershed moment, providing regulated, accessible exposure for institutional and retail investors alike through traditional brokerage accounts. Recent data underscores their impact. On April 21st, these ETFs collectively witnessed their largest single-day net inflows since the initial launch frenzy in January, pulling in a remarkable $381.3 million. This surge in demand, with notable contributions like the $116.1 million flowing into the RK 21Shares Bitcoin ETF (ARKB), coincided directly with significant positive price action. Bitcoin decisively broke through previous resistance levels, reclaiming the $91,000 mark after a seven-week consolidation period. These inflows are more than just numbers; they represent a tangible shift in capital allocation. They signal growing institutional comfort and strategic positioning in Bitcoin. Unlike speculative futures-driven rallies, inflows into spot ETFs reflect direct demand for the underlying asset, potentially building a more stable foundation for price appreciation. This influx suggests investors aren't just chasing momentum but are making longer-term allocations, viewing Bitcoin as a legitimate component of a diversified portfolio, independent of its correlation (or lack thereof) to other asset classes. Price Action, Leverage, and the Path Ahead The technical picture for Bitcoin has brightened considerably alongside these fundamental drivers. The recent surge saw Bitcoin break key bearish structures, establishing a higher low that many traders see as a potential launchpad for challenging previous all-time highs. The reclaiming of the $91,000 level was a significant psychological victory for bulls, reinforcing the positive sentiment fueled by the ETF flows. Market participants are now eyeing levels like the yearly open around $93,000 as the next major hurdle. However, caution remains warranted. Analysts note that recent price surges have often been accompanied by significant leverage in the derivatives market. While leverage can amplify gains and accelerate upward moves, it also increases volatility and the risk of sharp liquidations if the market turns. The critical question is whether the consistent spot buying, particularly through ETFs, can absorb selling pressure and provide the underlying support needed to sustain these higher price levels. A rally built predominantly on leverage without corresponding spot demand is often viewed as less stable. The comparison to gold's comeback potential amidst trade tensions is intriguing, but Bitcoin still needs to prove its resilience. While it has demonstrated periods of acting as a safe-haven asset, its correlation to risk assets like tech stocks can reappear, especially during broad market liquidity crises. The "decoupling" is not absolute, but rather a dominant trend driven by its unique value proposition gaining traction. Conclusion: A Maturing Asset Forging Its Own Path Bitcoin's recent performance, marked by significant ETF inflows and a price surge seemingly disconnected from traditional market anxieties like tariffs and earnings reports, lends strong support to the decoupling narrative. Its fundamental characteristics – scarcity, decentralization, and neutrality – are increasingly resonating in a complex global environment. The success of spot Bitcoin ETFs provides a regulated gateway for broader adoption and serves as tangible proof of growing institutional and retail demand, validating Bitcoin's role as an emerging reserve asset. While challenges remain, including inherent volatility, regulatory uncertainties, and the need for spot demand to underpin leverage-driven moves, the trend is undeniable. Bitcoin is increasingly trading based on its own unique supply/demand dynamics and its perceived role in the future financial landscape, rather than simply mirroring the movements of traditional markets. It doesn't care about Q3 earnings or new import duties because its value proposition exists on a different plane. As capital continues to flow in via accessible vehicles like ETFs, recognizing its distinct properties, Bitcoin's journey towards becoming a truly independent, globally significant asset class continues, one block at a time.