This idea is super concise! Bitcoins price appears to have found support on a 3M 0.618 retracement level. The logical next step would be a leap to the 0.786 retracement level at 102,000. Looks like BTC is loading its canon..
#MANTA is one of the Binance Launchpool coins listed in late 2023–early 2024, most of which dumped heavily post-launch, draining liquidity from beginner users. Despite that, OMXHEX:MANTA may have completed a major zigzag correction after a strong bounce from ATL. Holding above that low could spark a major bull-run, potentially recovering early investor losses. #MantaNetwork
Gold is in a correction pattern in the ABC pattern now, an upward wave to 0.618, the first stage, God willing.
Let's review the news that has affected the trend of gold in the past two days: Recently, with the easing of global trade tensions and the signing of a new policy by US President Trump to relax auto tariffs, global risk sentiment has risen, and the attractiveness of gold as a safe-haven asset has weakened. Although the expectation of further interest rate cuts by the Federal Reserve has limited the rise of the US dollar, gold has been under pressure for two consecutive days. After testing $3,300 several times, it broke through and successfully opened a downward gap. Non-agricultural data is coming. In the face of the early and sharp decline in gold, how should gold's next operation direction be treated? From the current stage, the short position of gold prices has shown a strong downward trend, which shows that the short position dominates the current market trend. Therefore, don't expect the rebound to go high. The high pressure moving average continues to move downward. At present, you can go short when you encounter pressure. Technical analysis of gold: From the prediction of a short-term adjustment at 3500, it is viewed as a correction of shock decline, and the final correction support is expected to be three: 3228, 3200, 3175; today we will test 3228 first, and there will be a short-term rise to 3243; then test 3201, and rise to 3233. As for whether the short-term bottom can be effectively established, it is necessary to wait for the daily K-line pattern to judge, that is, there must be at least a long lower shadow K; but the key position can be tested with a light position first. Every bottom speculation is very distressing and it is unlikely to start directly in one go, requiring enough patience and courage; and every top is a quick sell-off, which is established in one go. This is the difference in speed between the two; Since the US dollar is close to the key middle track of the daily line, it is not far away. It is expected to end the rebound correction in the next two days and continue to start a weak trend decline. Therefore, in the next two days Gold may also have a short-term bottom at any time; the weekly 5-day moving average support of gold 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, 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 pull-up; of course, if 3200 is not today's low point, 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; (personal advice, for reference only, the specific point is subject to the actual market) The 1-hour moving average of gold continues to cross downward to form a dead cross pattern, and the short space is further opened. Under the favorable data of the US rebound today, gold only rebounded to the line near 3233 and then fell directly. Gold rebounded below 3233 in the US market and continued to be short. The US market rebounded near 3230 and can continue to be short. It's light and airy with the trend, but it's a mess against the trend. Gold is still in a bearish trend now, and a rebound is an opportunity for shorts. On the whole, today's short-term operation strategy for gold is to short on rebounds as the main strategy, and to long on pullbacks as the auxiliary strategy. The short-term focus on the upper side is the 3255-3260 resistance line, and the short-term focus on the lower side is the 3200-3197 support line.
You Tell Me! Wishy Washy! dasdf gfasdf af adfasd fasd fw
It hasn't move since the last time I wrote about it. Notcoin (NOTUSDT). It is still at resistance. It is a bit higher but still at resistance. Let me tell you something; the next move will be huge and there is no downside projected here, it is going up. The RSI is now above 70. Have you been seeing the charts that I've been publishing lately? (Visit my profile @MasterAnanda) The Altcoins I've been looking at are in similar conditions but the RSI is at 50, 60 most. None are yet at 70. Notcoin is at 71 which is super strong. This means that a major advance will happen next. Today, NOTUSDT just pierced a little bit higher hitting the highest price since early March. The more a resistance level is challenged, the weaker it becomes. This resistance is getting weak and we know resistance is weak because Bitcoin is growing, the Altcoins are growing everything is moving up. Some pairs are growing slowly others are breaking up strong. Let me make a prediction, bullish momentum will only grow from now on. By the time we reach late May, wow!, everything will be awesome. Everything will be green and we are going to be celebrating with the market sentiment reading extreme greed. Let's trade together long-term. This is wonderful advice that can change your life for the better. Read and follow. Thanks a lot for your continued support. Namaste.
I look for 3pin head and shoulders on a chart, Optimism about a de-escalation in the global trade conflict helped the US Dollar (USD) despite disappointing data releases. US President Donald Trump reported undergoing trade talks with South Korea, Japan and India. He also claimed that there’s a “very good” chance of clinching a deal with China, yet added that any pact with Beijing has to be in US terms. At the same time, a Beijing-backed outlet said on Thursday that United States officials have contacted their Chinese counterparts for talks. Tensions between China and the US persist, but optimism led Thursday’s price action.
Although there was a positive close in the S&P 500 daily chart, sellers appeared at new highs. The broader structure is a neutral zone. This implies the possibility of a down day on Friday but not a large move lower. It will be very interesting to see how this market absorbs the Friday economic reports.
XRP is currently showing a weekly bull flag pattern, a technical consolidation phase that often precedes a significant upward price movement. This formation suggests strong underlying bullish momentum, and a breakout from this pattern could propel XRP to new yearly highs. Earlier in the year, in March 2025, the SEC dropped its appeal in the Ripple Labs lawsuit. Later in the year, in June 2025, decisions regarding an XRP ETF to be announced
Today's red Doji candle at the underside of the downtrend line is a high potential short entry point if not already. Despite the rally the past week or so, it is far from convincing...no real conviction to buy this market and who can blame them. The current wave 2 bounce will be followed by wave 3 down as the most likely scenario, or we are in a wave 4 to be followed by a wave 5 to complete, any firm close below the lows gives us our answer. Gold is selling off, our $3400 target was met and reversed in a now wave 4 down, this may approach the $3160 area, or a sideways move before another strong wave 5 up. This is a great opportunity to accumulate physical metals to protect yourself from the coming reset. Appreciate a thumbs up, Good Trading and God Bless you all!