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Beyond Technical Analysis

Bitcoin's Trend Trap: The Shoe Has Spoken Why This Bounce Won't Stick & Where Price is Headed Next Bitcoin's recent price action is fooling a lot of people into thinking that the worst is over—but the charts are telling a different story. This latest analysis focuses on trend caps, resistance confirmations, and why Bitcoin is more likely to fail its recovery attempt rather than sustain a new rally. The video dives into chart physics and explains how trend lines aren't just drawn arbitrarily—they reveal how price interacts with past levels of support and resistance. Using a line of closings and crossings, Hollywood demonstrates how price will tend to respect these self-reinforcing levels. Bitcoin’s recent attempt to push upward is running into trouble because it's failing to break key levels that would indicate actual bullish momentum. Instead, the market is setting up for a return to test the lower support. Even if price manages a small push higher, it won’t change the overall structure—it's still heading toward the inevitable retest of lower levels, and this time, the failure will be decisive. Know Thy Shoe. Trust Thy Shoe. This isn’t just about Bitcoin’s price—it’s about the psychology of the market. Traders don’t want to believe a deeper drop is coming. There’s an unspoken desperation to keep Bitcoin in the $90K range, but the reality is that there’s nothing but clear air below. No real support, just a big empty space where the price should have built a foundation—but didn’t. Hollywood’s message? Watch the trend cap. Watch the test of the floor. And when the shoe fits, wear it. (wow, thank you ChatGPT for really good video summary from nothing but a transcript .... Yeah, ladies and gentlemen, I didn't write all that, if this was me writing all this all the time you wouldn't get this till tomorrow or maybe next Wednesday)
BITSTAMP:BTCUSDShort
by Hollywood260AB
Gold (XAU/USD) 1H – Key Levels & Trend Reversal? Gold is attempting to recover after bouncing from the $2,891-$2,895 support area (green arrow). The recent breakdown led to a retest of the major demand zone, which has historically provided strong buying interest. 🔹 Support & Resistance Levels: Support: $2,891-$2,895 (blue line & previous demand). Resistance: $2,939-$2,945 (red arrow) – a key supply zone that must be cleared for further upside. 🔹 Bullish Case: If price breaks above $2,939-$2,945, we could see a push toward $2,956+ (previous highs). The bounce from the lower Bollinger Band and VWAP support signals potential upside momentum. 🔹 Bearish Case: If price fails to break above $2,939, another drop to $2,891 or lower is possible. A rejection from resistance could confirm a lower high, signaling continued weakness. ⚠️ Key Level to Watch: $2,939-$2,945 – Breakout or Rejection?
TVC:GOLD
by zakalj
Journal on NQ1!This morning I decided to try out a new symbol, even though it was a lost I still learned today, overall price action was ranging, but because Im a fundamental, technical trader I was able to see how each played a part in trades today. When trading this pair I know that I need to focus more on candle closures, unless its an impulsive move, today I learned to focus on candle closures, although I had a breakout from a consolidation, I entered impulsivly when all I had to do was wait on the candle to close below the last low and either wait on a retest or just place the trade, because I didnt over leverage I didnt have to worry about blowing my account, moving forward I will set alerts and be patient. I won today mentally!!
CME_MINI:NQ1!Short
by FuturesBaddie
$69,000 Bitcoin incoming. It is. And it is natural.Heed me. Allow me to share an axiom I came up with a long time ago: If it were going up, it would be going up. I read charts. Charts record sentiment. Sentiment is what people trade on. The chart records those trades. It tracks the evolution of sentiment. It creates more sentiment, it influences more trades. Like the game of life, from just two or three simple rules, emerge complex, and dynamic patterns. It is feedback. It can become very complex, but it always has structure, and it always repeats - and a very large, very significant portion of it can be predicted, even with relative ease, because the complex must be supported by the simple. This can be followed until a system becomes too complex to be supported by the simple structure, and it reaches a barrier, or it breaks down. We're talking about human emotion, undergone a transformation and represented in the chart space. The energy of the crowd ebbs and flows like a tide… People are excitable, and people become exhausted. This is what you're looking at when you look at a chart. Pseudoscience? No. Esoteric, maybe. Esoteric... but nonetheless, real. The chart simply seeks a kind of balance. The trick is seeing what balance means in a time dependent space... and perhaps in the collective mind. I'll have more to say on this. (Be wary of the false reversal happening right now.)
BITSTAMP:BTCUSDShort
by Hollywood260AB
NVDA earnings bullish I do dowsing with a pendulum & it's a good test to try it for earnings since there are big moves. It's kind of hit or miss, but really interesting & everyone follows NVDA still, so let's see what energy it has! I get nervous when there's bullish energy & the stock moves as I'm doing my reading, but this is pretty bullish info I have. Watch for a move up maybe 12%, which takes it to around $145. I also got the number 47, so that's a possibility also. I did have a little bearishness in saying to sell rallies. I'd be watching the date 3/3 for a possible retracement back down if it does, in fact, go up. It pretty bullish short term though. I have positive energy in indexes too, so I thought it may be in part because NVDA could influence things, so we'll see.
NASDAQ:NVDALong
by JenRz
Bottom in $AMDDowsing went to AMD this morning and suggested a low in the $108 vicinity, which it gapped down to and ripped higher. I expect a somewhat extended move higher & possibly to $144. This is all based on my dowsing (as in with a pendulum) and is always interesting to see what plays out. I did get that there could be news today or tomorrow. The consolidating at these lows has been good, and actually, I have an old target around the 103-105/6 area based on 3 alerts that never quite got hit. So this is definitely a support as my levels are often pretty good, tho maybe not exact.
NASDAQ:AMDLong
by JenRz
4
MIRM expecting something bigThis stock was a pendulum pick (as in from dowsing) from around August. I posted an idea at the time, and it's gone up, but been consolidating. Last week or so, I decided to let my dowsing choose a stock from the fi viz screener from ALL exchanges. There were over 9500 stock tickers & you know which one I landed on??? Yeah, MIRM again. This is virtually impossible, & really got me fired up. I decided to check the option and that day (early last week I think) there were 1900 calls bought for next months $45 strike. MIRM trades NO options, so this is extra interesting. And I happened to look on the day they were all purchase at once, or at least on the same day. I will still expect the original target, though I do need to verify this still. I just can't help think something is brewing here.
NASDAQ:MIRMLong
by JenRz
EUR/USD 1HOUR CHART TECHNICAL ANALYSIS NEXT MOVE POSSIBLE This chart represents the EUR/USD currency pair on a 1-hour timeframe, showing key technical analysis elements: 1. Sell Zones (Highlighted in Red Boxes): These are areas of strong resistance where price previously reversed downward, indicating potential selling opportunities. 2. Trendlines (Blue Lines): The first blue trendline represents a downtrend, which was eventually broken to the upside. The second blue trendline shows an uptrend, which also appears to have been broken, suggesting potential weakness. 3. Price Action & Projection: The price recently touched a sell zone around 1.0520 and started rejecting it. The chart suggests a possible downward movement, with a blue arrow pointing toward the lower support levels. Support levels are marked at 1.04544 and 1.04054, where price might find some buying interest. Conclusion: This analysis indicates a bearish outlook after price rejected the sell zone. If the price stays below the resistance, it could move toward the lower support levels. Traders might consider short positions if the price confirms the breakdown.
Short
by afzalforex110
$BTC bearish outlook: $2B selling pressure incomingI am bearish on CRYPTOCAP:BTC for the following reasons: 1️⃣ The $Bybit hack resulted in a loss of $1.4B worth of $ETH. To continue trading, Bybit is currently bridging liquidity with Binance. However, this is only a temporary solution. Eventually, they will need to buy back $1.4B in ETH, and the only reserve asset large enough to cover this is Bitcoin. I expect at least SEED_TVCODER77_ETHBTCDATA:1B of BTC to be sold on the market to acquire the necessary ETH. 2️⃣ The hackers are liquidating their $1.4B in stolen ETH. Since smart contract-based assets can be traced and frozen, their best option is to swap to CRYPTOCAP:BTC , which is harder to track and cannot be frozen. In total, Bitcoin faces a potential selling pressure of over SEED_TVCODER77_ETHBTCDATA:2B , which is enough to significantly impact its price. 📉 Given that Bitcoin is already in a consolidation phase, this pressure could push the price down to $93K or even $91K. 📊 Expect dead cat bounces, where traders can profit, but be cautious—this selling pressure is real. Bybit needs to resolve its liquidity issues quickly, and the hackers are racing to cash out ASAP. ⚠️ DYOR (Do Your Own Research).
Short
by CryptoNikkoid
23