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Candlestick Analysis

Unswervingly short goldRecently, gold was rejected at 2930, then rejected near 2925, and today gold was rejected again near 2920. From this point of view, the resistance area of ​​gold moves down, and the high point drops accordingly. If gold is repeatedly rejected near 2915 next, then gold will have more room to fall. This is also the reason why I advocate shorting gold recently. At present, I still hold a short position in gold and look forward to the performance of gold and its fall back to the 2880-2870 area, or even 2860. Bros, only by following the right people can you execute the right transactions and master the skills to make money. If you want to master independent trading skills and thinking while copying trading signals and making stable profits, you can join the channel at the bottom of this article to liberate your trading talent!
OANDA:XAUUSDShort
by Trader_Marvin
Bitcoin: Navigating Market Volatility and Future PredictionsBitcoin, the pioneering cryptocurrency, continues to dominate headlines with its characteristic volatility and the ever-present speculation surrounding its future trajectory. Recent market activity and expert analyses paint a complex picture, one where potential for significant growth is tempered by inherent risks and external economic factors. Several key themes emerge from recent news and analysis, offering a glimpse into the current state of Bitcoin and the factors influencing its price. The Potential for a US Crypto Reserve and its Impact One of the most significant potential catalysts for Bitcoin's price is the possibility of the United States government establishing a strategic cryptocurrency reserve. This concept, championed by figures like MicroStrategy founder Michael Saylor and gaining traction within political circles, could have a profound impact on the market. Saylor has publicly suggested that the US government should acquire one million Bitcoin for its strategic reserves. He argues that this would legitimize Bitcoin as "digital property" and instill greater confidence in the cryptocurrency. Saylor pointed out that MicroStrategy already holds approximately 500,000 Bitcoins, which accounts for about 2.4% of the worldwide supply. He also suggested that the government could finance such a large crypto reserve through a deliberate, multi-year timeline, referencing a "six-month process" set out by a recent executive order. There is research that supports this view, estimating that a US crypto reserve could boost Bitcoin's market capitalization by roughly 25%, or approximately $460 billion. This potential surge is attributed to Bitcoin's limited liquid supply, meaning that large inflows from a government purchase could trigger upward price shocks. Furthermore, such a move could incentivize institutional investors and other countries' governments to allocate funds to Bitcoin, creating a positive feedback loop. While the idea has gained traction, particularly with endorsements from figures like Donald Trump, the path to establishing a national crypto reserve is not without its hurdles. Confusing messaging, legal challenges, and uneven progress across different states contribute to market uncertainty. The market currently views the probability of a national Bitcoin stockpile as relatively low due to challenges like confusing messaging and legal hurdles. Market Sentiment and Price Predictions Despite the potential for significant growth, market sentiment surrounding Bitcoin remains cautious. The Crypto Fear & Greed Index, a measure of overall market sentiment, consistently hovers in "Extreme Fear," even amidst price spikes. This suggests that while investors are drawn to potential gains, underlying anxieties about volatility and external economic pressures persist. Predicting Bitcoin's price with certainty remains an elusive task, but analysts offer varying perspectives. Master Ananda, for example, believes that Bitcoin's price bottom is in, following a recent dip below $80,000. However, other analysts urge caution. The recent rebound of Bitcoin to over $90,000 was short-lived, with the price retreating due to concerns about a potential recession, geopolitical tensions in Ukraine, and uncertainty surrounding the US crypto reserve. This highlights the sensitivity of Bitcoin to broader economic factors and geopolitical events. Technical Analysis and Market Dynamics Technical analysis of Bitcoin's price charts provides further insights into its current state. The recent formation of back-to-back weekly "hammer candles," a pattern seen only a handful of times in Bitcoin's history, suggests potential bullish momentum. However, the failure of a recent price rebound to break through key resistance levels indicates that the path to higher prices may not be straightforward. The relationship between Bitcoin and traditional financial markets, particularly the S&P 500, also plays a crucial role. Historically, Bitcoin has struggled during periods of high volatility in the S&P 500, as measured by the VIX. This correlation suggests that broader economic anxieties can negatively impact Bitcoin's price. The Influence of Global Liquidity and External Factors Beyond specific events and technical indicators, broader macroeconomic factors influence Bitcoin's trajectory. Analyses suggest that global liquidity trends favor crypto and risk assets. The global money supply is expected to reach new all-time highs, potentially boosting Bitcoin's price. A dropping US Dollar Index (DXY) also signals a shift in favor of crypto. The upcoming US Crypto Summit, organized by the Trump administration, is anticipated to be a key event that could provide clarity and potentially influence Bitcoin's future trajectory. Market participants are eagerly awaiting the summit's outcomes, as they could provide crucial insights into the regulatory landscape and government's stance on cryptocurrencies. Conclusion Bitcoin's current landscape is a complex interplay of potential catalysts, market sentiment, technical indicators, and macroeconomic forces. The possibility of a US crypto reserve offers a significant upside potential, but market anxieties and external economic pressures create a degree of uncertainty. While some analysts predict a rapid surge in price, others emphasize the need for caution and highlight the importance of monitoring broader market dynamics. As Bitcoin continues to evolve, its price will likely remain sensitive to both internal developments within the cryptocurrency ecosystem and external factors shaping the global economy. The upcoming US Crypto Summit and future policy decisions will be critical in shaping Bitcoin's future direction.
BITSTAMP:BTCUSD
by bryandowningqln
ANALYSIS ON THE USD/JPY PAIR (1D & 1H TF)On the Monthly TF, this pair has slowly been on an uptrend while taking impulsive moves and pullbacks along the way. Despite retesting the last temporary support zone around the 140 price level (in Sept 2024), recent events are showing that it may break below that region as we have seen a strong resistance around the 160 region. If it breaks below 139 we might see it dropping below to the 120. If it doesn't, then it will continue its Impulsive move and pullback pattern to a new ATH. Let's see how it plays out. PS: Don't forget that FA often affects TA (positively or negatively - depending on your analysis). #UseRiskManagement
by cryptossential
BTCUSDT 30-Min Chart – Bearish Breakdown & Key Reversal ZonesBTC has broken below a key trendline support, confirming a bearish bias. The next price targets are the Mini Reversal Area ($86K - $85K) and the Major Reversal Area ( FWB:83K - GETTEX:82K ). 📍 Technical Breakdown: The price is trending downward after a failed support retest. A lower high formation suggests a continuation to lower levels. If the Mini Reversal Area fails to hold, BTC could drop to the $82,000 - $83,000 range, where stronger buying interest may appear. 📊 Trade Outlook: 🔴 Bearish Scenario: Breakdown of $85,000 → Short target $82,500 Rejection at $90,500 → Sell opportunity 🟢 Bullish Scenario: Recovery above $90,500 → Possible bullish reversal Break above $92,000 → Trend shift ⚠ Risk Management: Stop-loss for shorts: Above $90,500 Stop-loss for longs: Below $82,000 📌 Final Thoughts: BTC remains in a downtrend for now. Traders should watch reversal zones closely before making major decisions. A bounce from $85K could offer a relief rally, while a breakdown below GETTEX:82K may trigger deeper losses. 🚀 Like & Comment if you found this analysis helpful!
Short
by MangoMan4
Good closing by Nifty, Now all eyes on tomorrow's weekly closingAnother fantastic day of recovery by Nifty which closed 207 points up today. From the lows of the day recovery was 310.6 from the lows of the day. Thus last 2 days have seen a significant up moves. The resistances now for Nifty remain at 22556, 22800 and 22981 before we reach the major resistance zone of 23139 to 23467. This zone includes a Mother line, Father line and Trend line resistance. It will take some major good news or significant buying by FII to take us into Bull zone which awaits us above this zone. Supports for Nifty remain at 22240, 21954, 21782 and 21281. Below 21281 there can be a bear mayhem which can see Nifty slipping into recession mode. For now that zone is far away and shadow of the candle currently looks neutral to positive. Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock or index. The Techno-Funda analysis is based on data that is more than 3 months old. Supports and Resistances are determined by historic past peaks and Valley in the chart. Many other indicators and patterns like EMA, RSI, MACD, Volumes, Fibonacci, parallel channel etc. use historic data which is 3 months or older cyclical points. There is no guarantee they will work in future as markets are highly volatile and swings in prices are also due to macro and micro factors based on actions taken by the company as well as region and global events. Equity investment is subject to risks. I or my clients or family members might have positions in the stocks that we mention in our educational posts. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message. Do consult your investment advisor before taking any financial decisions. Stop losses should be an important part of any investment in equity.
NSE:NIFTYLong
by Happy_Candles_Investment
Go long gold first, then go short gold!!!Go long first and then go short At present, gold has fallen back from around 2926 and touched around 2900. Although it has been slightly punctured, it has not effectively fallen below 2900. The support area of ​​2900-2890 that I suggested is still valid; and in the process of gold falling back, it is more conducive to long funds waiting for opportunities to enter the market to increase liquidity, and it is more conducive to gold continuing to rise or even breaking through the resistance area near 2930 after technical adjustments and accumulating momentum. So in short-term trading, I advocate going long gold. We can go long gold in the 2905-2895 area, and I have executed this trading plan, expecting gold to rise and bring us huge profits. I always believe that profitability is the criterion for measuring strength. I want to tell you that I never talk in vain. Everything is based on transaction data. Brothers, profit is the ultimate goal of trading. Accumulating profits is what changes life and destiny. Wise choices are far more important than hard work. If you want to copy trading signals and earn stable profits, or want to learn in depth about correct trading logic and techniques, you can consider joining the channel at the bottom of this article.
OANDA:XAUUSDLong
by GoldKing_Allen
Shorting gold, a precise hit yielded a handsome profitBrothers, as a professional trader, my rich trading concepts and strategies have been widely praised by my friends. Have you followed my trading strategies and ideas to short gold? As I wrote in my previous post, I shorted gold as soon as the price hit the 2925-2930 area and made a profit of more than 200pips. Presumably, as long as the brothers who follow my strategy to short gold, they will definitely gain a lot of profits. I always believe that profit is the standard for measuring strength. I want to tell you that I never talk in vain. Everything is based on trading data. The cake is only so big. When others have started to taste it with me, are you still hesitating? Remember, as long as you follow my trading strategy and ideas, wealth will inevitably come to you. There is still a lot of time today. Let's keep working hard. I believe we will gain more profits. Brothers, profit is the ultimate goal of trading, and accumulating profits is what changes your life and destiny. Wise choices are far more important than hard work. If you want to copy trading signals, make stable profits, or want to learn the correct trading logic and skills in depth, you can consider joining the channel at the bottom of this article.
OANDA:XAUUSDShort
by GoldKing_Allen