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Gold 4-hour resistance point fluctuates, shorts comeOn Thursday (July 10), the 4-hour resistance point of gold price was formed before the US market. The logic of shorting at the resistance point can be considered. Spot gold maintained a strong trend in the European session, trading around $3,330. Although US President Trump's remarks on imposing a new round of tariffs on many countries triggered safe-haven demand, the FOMC meeting minutes showed differences in the path of interest rate cuts within the year, making gold bulls still cautious. Spot gold continued to retreat after the previous high of $3,499.83, and has been blocked below $3,451.14 recently, forming a relatively obvious box consolidation structure. The current price is running below the middle track of the Bollinger Band at $3,343.69, indicating that the upward momentum of the bulls is weak. Analysts believe that the short-term key support level is at $3,250, which forms a resonance support with the previous low of $3,247.87. If it falls below, it may increase the downside risk.
TVC:GOLDShort
by AIan_Gold
1
PEPE Breaks Out After Triple Bottom – Retest Incoming?PEPEUSDT just printed a textbook 3-tap support rejection, followed by a Break of Structure (BOS) through the descending trendline — now bulls are watching for a retest entry opportunity. --Key Technical Highlights: 🔹 3 Rejections @ Support: Price respected the ~$0.00001000 level multiple times, building a strong base. 🔹 Break of Structure (BOS): Momentum shifted as PEPE broke the local highs and pierced descending resistance. 🔹 Wait for Retest: Ideal entry comes on a pullback to the previous resistance for a clean breakout confirmation. 🔹 Target: $0.00001351 – Based on prior swing highs and fib extension levels. **A failed retest could invalidate the setup — watch lower support (~$0.00000900) for last line of defense.
Long
by Quant_Trading_Pro
XRP consolidation close to done, 10$ next- update on this analysis, made more than half a year ago: - since then Ripple has been consolidating at a high level - history doesn´t repeat but it does rhyme is the famous saying - in case of XRP it looks like price action is literally repeating the 2017 playbook with an initial impulse - consolidation - followed by another impulse - target of the macro triangle pattern is north of 10$ per XRP, likely to get reached by the end of the year
BITSTAMP:XRPUSDLong
by Mansasuma
ETHFI/USDT – BREAKOUT ALERT! Descending Trendline Under Pressure After over a year of relentless bearish pressure, ETHFI is now approaching a critical technical juncture that could mark the beginning of a major trend reversal. The chart displays a long-term descending trendline, and bulls are now challenging it with growing strength. This setup could lead to a powerful breakout and a potential trend shift. 🧩 Technical Pattern Overview: 🔸 Descending Trendline Resistance – Established since April 2024, acting as a dominant resistance across multiple retests. 🔸 Base Accumulation – Price has formed a strong base between $0.80–$1.00, indicating declining selling pressure and potential accumulation. 🔸 Volatility Squeeze – Price action is tightening near the apex of the descending triangle, suggesting that a breakout (up or down) is imminent. 🔸 Breakout Watch – A confirmed breakout above $1.25 would be a major bullish signal. 🐂 Bullish Scenario (Confirmed Breakout): If the price breaks and closes above $1.25 with strong volume: 🎯 Potential Upside Targets: Target 1: $1.784 – Previous local resistance Target 2: $2.390 – Former consolidation zone Target 3: $2.959 – Key psychological resistance Extended Targets: $5.024 and $7.001 if a sustained rally unfolds Ultimate ATH: $8.660 – If the broader crypto market enters full bullish mode 💡 Catalysts to Watch: Altseason, project news, favorable macro sentiment, or exchange listings. 🐻 Bearish Scenario (Rejection at Resistance): If ETHFI fails to break out and gets rejected at the descending trendline: 🔻 Potential Downside Levels: $1.088 – Immediate support $0.88 – Minor support $0.70 – Historical support zone $0.50 to $0.35 – Deeper bearish targets if selling resumes ⚠️ Fakeouts are common during volatile phases — always wait for confirmation with volume. 📌 Conclusion & Strategy: ETHFI is at a make-or-break level. A confirmed breakout could trigger a strong upward rally with high risk/reward potential. However, failure to break resistance could lead to continued consolidation or even downside. 🔍 Traders should watch for a clean breakout above $1.25, preferably with high volume. Risk management is key — define your invalidation levels and stick to your plan. 🧠 Trading Recommendations: 🟢 Breakout traders: Wait for confirmation > $1.25 🟡 Accumulate: Between $0.90–$1.00 🔴 Stop-loss: Below $0.85 for conservative risk 📈 Risk/Reward after breakout: Attractive (1:3 or better) #ETHFI #ETHFIUSDT #CryptoBreakout #DescendingTrendline #AltcoinAnalysis #TechnicalAnalysis #BreakoutTrading #CryptoSignals #BullishReversal
Long
by CryptoNuclear
RDDT · 4H — Rising-Wedge Setup with Targets at $172 and $185Setup Summary Rising wedge structure forming since late June. Price recently pulled back to test support at ~$144–145, where the rising trendline intersects horizontal structure. Momentum remains bullish: The prior move from $110 to $165 was impulsive, and this consolidation appears corrective so far. Volume profile (VPVR) shows a thin liquidity zone between $150 and $172, suggesting a strong move is likely if the $150 level is reclaimed. --- 🎯 Target Zones Target Level Rationale 1st Target $169 Matches wedge breakout projection + aligns with prior IPO supply and volume gap resistance. 2nd Target $177 Psychological round number + coincides with IPO opening print and the highest rejection wick seen so far. --- 🛠️ Trade Plan Component Level Trigger Entry on bounce from $144 or breakout/reclaim of $150. Invalidation Close below $142 breaks wedge structure. TP-1 $172 – take 50–70% off, move stop to breakeven. TP-2 $185 – runner target; exit if price shows rejection. --- ⚠️ Risk Notes Wedge patterns can fake out — wait for confirmation (e.g. a 4H bullish engulfing or volume reclaim above $148–150). Earnings or lock-up expiration could introduce volatility (check calendar). If support at $143 fails, look for next demand at $134–135 (prior breakout base). --- ✅ Checklist Structure: Rising wedge in uptrend Support: Held above previous breakout zone Volume profile: Favorable thin zone toward $172 Risk defined below $142 > Disclaimer: This idea is for educational purposes only. Trade your own plan and always use proper risk management.
NYSE:RDDTLong
by VarghaVafa
EUR/USD Pulls Back from Yearly HighsThe EUR/USD pair has depreciated by nearly 0.5% over the past three trading sessions, favoring the U.S. dollar. At the moment, this appears to be the prevailing short-term trend, marking a new and steady bearish bias that has started to weigh on the euro. The current selling pressure has remained consistent, as the U.S. dollar shows renewed strength. The DXY index, which measures dollar performance, has been rising toward the 98 level, showing a solid recovery that could further intensify downward pressure on EUR/USD. Sustained Uptrend In recent weeks, the euro has shown consistent bullish momentum, maintaining a dominant uptrend on the long-term chart. So far, the recent bearish corrections haven’t been strong enough to break the structure, making it the key technical formation to watch in EUR/USD. However, the dollar’s current recovery appears to be gaining traction, and if that trend continues, it could put the existing uptrend at risk. Technical Indicators MACD: The MACD histogram is oscillating near the neutral zero line, suggesting that momentum from the moving averages remains balanced. If this continues, price action could consolidate into a more defined neutral range in upcoming sessions. ADX: The ADX line remains above the 20 threshold but is starting to slope downward, which, if sustained, may lead to a more neutral price structure in the near term. Key Levels to Watch: 1.18068 – Key resistance: This level marks the yearly high for EUR/USD. A breakout above this point could reinforce the current bullish trend. 1.15299 – Nearby support: A recent neutral zone. A breakdown here could trigger a stronger bearish bias and threaten the prevailing uptrend. 1.13177 – Distant support: Corresponds to a consolidation zone formed in May. If price drops to this level, it may activate a fresh and meaningful bearish trend. Written by Julian Pineda, CFA – Market Analyst
by FOREXcom
NVO: Trend Continuation With 4.74 R/R SetupNovo Nordisk ( NYSE:NVO ) is showing classic strength — bouncing off the cloud, reclaiming structure, and flashing early signs of momentum rotation. This is how you catch continuation trades without chasing. 📊 Technical Breakdown Ichimoku: Price reclaimed the top of the cloud and is now building above it. Kijun and Tenkan are aligned. This is the first real bullish structure since the March breakdown. MACD: Histogram curling upward. We’re not fully bullish yet, but the pressure is shifting back to buyers. R1 Pivot ($81.31) is the first big test. A clean break above that opens the path toward R2 and beyond. 🎯 Trade Specs Entry: $71.58 Target: $93.33 (+30.44%) Stop: $67.00 (–6.42%) Risk/Reward: 4.74 — elite-level skew for a high-quality name
NYSE:NVOLong
by aaronkaltman