Entered gmx short a while ago. I anticipate further selloff down to 13.6 area. Roughly 3RR Market reacting to supply zone- more supply coming in. DTT applied. Stop and target on chart Time sensitive
85% of the blockchain usage is in Solana, Currently setting very low realtively to BTC, Solana is the new Ethereum 3400$ should be coming !
This chart illustrates Bitcoin’s strong correlation with M2, often used as a proxy for global liquidity. The relationship typically exhibits a lag of approximately 86 days.
Local price action - the gap from 4/29 was filled in, but another was left on 4/30. During aftermarket hours the price jumped up to approach the weekly level above and dropped back down. We got a naked untapped pivot point below along with the range POC point of control, not a bad week of price action.
Waited for price to sweep lows before looking for areas to buy. We got that sweep and its now the end of the week. We have been bearish all week. I'm not sure if it will go full on bullish cause we are in a new month and its Friday. They might just move sideways and wait for next week to push. We will take what we can get.
As the US dollar is approaching the key middle track of the daily line, it is not far away. It is expected to end the rebound correction and continue to start a weak trend decline. Therefore, gold may also have a short-term bottom at any time; the gold weekly 5-day moving average support has been tested, and the daily middle track has also been pierced, which is considered to have completed the task indicators. The next step is to wait for a wave of pullback. At least the bottom low point of the previous convergence triangle of 3260-3270 will be tested and confirmed. It is a matter of time; and after the test is completed, if the pressure cannot stand, there may be a second bottom test, a secondary low point or a double bottom, and then finally start a unilateral rise; of course, if 3200 is not the low point of tonight, and the lower shadow of the daily closing is short, then it may be necessary to test the last 3175 position before determining the short-term bottom;
Makers holding this thing up...Long for next 2 weeks then, mid May after options expirations... very cautious. 21,720- 21,800 is pivot where one might want to consider taking profits or trying shorts, sfterwards market could go anywhere
Daily timeframe is showing buyer is starting to take control of this pair. I'm waiting at the support area to buy this pair. Do your own risk & reward calculation Good luck
Summary: Intraday sentiment remains bearish. The main strategy is to short on resistance retests. If you're planning to go long, only do so at clear key levels with favorable risk-reward setups. Protect capital: use Stop Losses, respect your trade plan, and cut quickly if it invalidates. Key Levels to Watch: 3260: Resistance 3250: Midpoint / psychological resistance 3245: Key intraday resistance 3233: Support 3210–3220: Volume cluster support 3200–3202: Intraday support zone 3187–3193: Final bullish defense zone 3175: Support Short-Term (15m) Trading Strategy: For Shorts: Enter a SELL if the price breaks below 3232. → Watch 3230, then 3227, 3221, and 3214 as potential targets. For Longs: Enter a BUY if the price holds above 3235. → Watch 3240 first, then 3242, 3250, and 3260 for extension targets. ? If my insights have been helpful to you, or if you traded based on my ideas, please consider giving a like — it’s a great encouragement for me! Thanks for your support! Disclaimer: This is my personal opinion and not financial advice. Please manage your risk accordingly.
EURUSD has broken out of the daily support proceeding to daily 20EMA to swing high to retest as support. As with a head and shoulder on 4h price breaks out of support ( Daily ) with multiple liquidity grab it is a high probability for the price to potentially drop to support. A sell trade is high probable