TRX Approaching Cup Breakout – Market Decision Imminent
TRX/USDT – Daily Chart Analysis
TRX is shaping a textbook Cup Pattern on the daily timeframe — a strong bullish continuation signal if confirmed. Price has gradually curved upward, and we are now testing the key resistance area at 0.29–0.30.
📌 Key Scenarios:
🔹 Bullish Breakout Scenario:
A confirmed breakout and daily close above 0.30 would validate the cup formation and set the stage for a rally toward the next target zones at 0.35 and 0.45 — measured based on the cup’s depth.
🔹 Bearish Rejection Scenario:
If the resistance holds, expect a pullback toward the midline (~0.24) for potential accumulation and base-building before the next move.
💡 Volume confirmation and breakout momentum are critical to watch here. The market is approaching a decision point.
🟢 Our directional bias remains bullish — we anticipate the breakout to occur, leading to an upward continuation. However, we’ll wait for confirmation of the breakout and completion of the pattern before entering a long position.
Chart Patterns
SOL/USDT Technical Outlook – Breakout Holding, Eyes on 175+Solana has successfully broken above the key resistance zone at $155–157 and is currently testing it as new support. If the level holds, this breakout could extend toward the next major target around $175–178.
📌 Key Insights:
Clean breakout followed by a potential SR flip
Watch for confirmation of support before continuation
Target aligns with previous swing high
Invalidated on breakdown below reclaimed level
🟢 Bias remains bullish as long as price holds above the breakout zone. A confirmed retest could provide a high-probability long setup.
KSMUSDT D – Start of Wave 3? After a clear 5-wave impulsive move up, KSMUSDT seems to have completed a deep ABC correction, potentially marking the end of Wave 2.
📉 Wave 1: We had a clean five-wave move from the bottom, which fits classic Elliott Wave structure.
📉 Wave 2: The correction that followed was much deeper than the ideal Fibonacci retracement zone. However, crucially, it never violated the low of Wave 1, which means it still holds valid under Elliott Wave rules. The correction unfolded as a textbook ABC pattern, with Wave C digging deep into the previous structure — showing panic selloff and possibly a final capitulation.
🔄 Key Development Now:
The resistance trendline of the correction has just been broken, suggesting potential momentum shift. This could mark the beginning of Wave 3, which is typically the strongest and most impulsive wave in Elliott Wave theory.
📈 Potential Target for Wave 3: Around the 39.5.80–42.00 area based on Fibonacci projections, but this is an early assumption and requires confirmation by price action and volume.
⚠️ Important Risk Note:
Despite this bullish technical setup, the current market remains risky. The bounce is fresh, and confirmation is still lacking. There's still the possibility of a deeper retest or invalidation of this count if price closes below the base of Wave 1.
🧠 Trade Plan:
- Wait for follow-through confirmation.
- Manage risk carefully — this is an early entry scenario.
- A stop below the recent low (~11.30) would be logical for this wave count.
📊 What do you think? Is this the beginning of a powerful Wave 3, or just another fakeout?
💬 Drop your thoughts or alternate wave counts in the comments!
Bitcoin Breaks All-Time High: What’s Next?Bitcoin (BTC) has once again captured the world’s attention by smashing through its previous all-time high (ATH). This milestone has sparked excitement and speculation across the crypto community and beyond. But the key question remains: Will BTC continue its upward trajectory, or is a correction on the horizon?
Long-Term Outlook: The Bullish Case
In the long run, the fundamentals for Bitcoin remain strong. Several factors support a positive outlook:
Institutional Adoption: More institutional investors are entering the market, providing greater liquidity and legitimacy.
Scarcity and Halving Cycles: Bitcoin’s fixed supply and periodic halving events historically drive long-term price appreciation.
Macro Trends: Ongoing concerns about inflation and fiat currency devaluation continue to make BTC an attractive hedge.
Given these dynamics, we believe Bitcoin’s long-term trajectory remains upward.
Short-Term Caution: A Correction May Be Coming
While the long-term view is optimistic, the short-term picture may be less rosy:
Overheated Market Indicators: Rapid price surges often lead to overbought conditions, increasing the likelihood of a pullback.
Profit-Taking: After breaking ATH, some investors may lock in gains, adding selling pressure.
Technical Resistance: Historical patterns suggest that corrections often follow major breakouts.
We anticipate a potential correction, possibly pulling BTC back to the $90,000 range. This adjustment could unfold in the coming week or weeks as the market digests recent gains.
What Should Investors Do?
Stay Calm: Volatility is part of the crypto landscape. Corrections are healthy for sustainable growth.
Focus on Fundamentals: Remember why you invested in BTC in the first place.
Consider Dollar-Cost Averaging: Spreading out purchases can help mitigate the impact of short-term swings.
Conclusion
Bitcoin’s break above its all-time high is a testament to its enduring appeal and the growing confidence of investors. While a short-term correction may be likely, the long-term case for BTC remains compelling. As always, prudent risk management and a focus on fundamentals are key to navigating the exciting—and sometimes turbulent—world of crypto.
Do not consider it as investment advice.
#crypto #bitcoin #analysis
GBPAUD: Long Trade Explained
GBPAUD
- Classic bullish formation
- Our team expects growth
SUGGESTED TRADE:
Swing Trade
Buy GBPAUD
Entry Level - 2.0672
Sl - 2.0608
Tp - 2.0802
Our Risk - 1%
Start protection of your profits from lower levels
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
❤️ Please, support our work with like & comment! ❤️
GOLD SELL M15 XAU/USD (Gold) 15-Min Chart Analysis – July 10, 2025
The chart shows that price is currently trading around 3323.98, approaching a key supply zone marked in purple. This area is expected to act as resistance, where price may reverse.
Multiple Break of Structure (BOS) levels have been marked, confirming bullish momentum earlier. However, the chart now suggests a potential bearish reversal from the supply zone.
Trade Idea:
Entry Zone: Near the top of the purple resistance area (~3324)
Stop Loss (SL): 3332
Target: 3309 zone (highlighted in blue), which aligns with the demand zone and previous structure
Key Levels:
Resistance Zone: 3324–3332
Support Zones:
First Support: 3319.19
Second Support: 3314.18
Final Target Zone: 3309.84 – 3309.61
The expected move is a sell from the supply zone down to the 3309 target. Price is projected to form lower highs and lower lows as shown by the blue arrow path.
XAUUSD on spike needs to flip 3345Gold is currently holding Rangebound 3330-3345.
What's possible scanarios we have?
▪️looking for Buying if candle flips Above 3345 then keep buy set targets at 3365 then 3375.
Additional TIP:
Below 3330 I will Activate my resell and hold till 3315 then 3305.
All the entries should be taken if all the rules are applied
#XAUUSD
Are you falling for 141k?The bull run on BTCUSD was not sudden, it corrected properly making a flat from 98K and breaking out the structure. this upward impulse looks too sharp to peirce 120-122k range its 1.618 fib extension of the broken structure.
Be cautious with the sell though, any rejection followed by a bear flag could be a great short with Stop above the top.
Good luck.
#AltSeason #Coming #Crypto #Pump #Soon#AltSeason #Coming #Crypto #Pump #Soon
According to the Bitcoin chart and Bitcoin dominance, as well as the Tether index and the position of altcoins, a new altcoin season is expected to begin.
Depending on your style and strategy, you can purchase altcoins in steps for your spot basket. The best time to buy a new step is now.
We will soon see 100% growth in altcoins ranked 1 to 10 in coin market cap, and altcoins in the following ranks can also pump 300%, 500%, and 800% and experience attractive growth.
Based on your strategy and style, get the necessary confirmations for this analysis to enter the trade.
Don't forget about risk and capital management.
The responsibility for the transaction is yours and I have no responsibility for your failure to comply with your risk and capital management.
💬 Note: Note that this analysis will only be fully confirmed if Bitcoin continues to grow and Bitcoin dominance continues to decline, in which case altcoins will start their main growth and get pumped. Otherwise, the previous scenario could repeat itself, with a correction to remove liquidity, liquidate long positions, and throw out traders, and the main rise will begin. Anyway, the new altcoin season is coming and will begin soon. Hunt down the crypto market pump by obtaining the necessary approvals.
If you are not an analyst and are not familiar with step buying, ignore this analysis.
US30 - Short SellThe Dow Jones aka US30
* Overall trend is bullish
* Currently trading the retracement with the following points.
1. Valid OB
2. Liquidity to the sell side
3. Imbalance to the sell side
4. Price failed to break the previous HH activating the Bear positions, the question is How Deep The Retracement Will Be ? So we are closely monitoring the price action to adjust at any changes that the market might face.
AUDUSD – The Spring Is Loading!AUDUSD has just pulled off an impressive rebound from the 0.6460 support zone, bouncing cleanly off the ascending trendline — like a compressed spring ready to launch. The repeated appearance of Fair Value Gaps after recent upward moves reveals a critical clue: smart money is stepping back in, and this time, they want control.
The price is now testing the familiar resistance at 0.6616 — a zone that has previously rejected several bullish attempts. But this time feels different. The US dollar is clearly losing steam after softer CPI data, pushing bond yields lower and giving AUD a tactical edge.
If the 0.6520 support holds strong, the next breakout won’t just be about overcoming resistance — it could be the spark for a new bullish wave. And when that wave hits... it won’t go unnoticed.
AUDUSD SHORT & LONG FORECAST Q3 D11 W28 Y25AUDUSD SHORT & LONG FORECAST Q3 D11 W28 Y25
It’s Fun Coupon Friday! 💸🔥
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today! 👀
💡Here are some trade confluences📝
✅Daily Order block identified
✅4H Order Block identified
✅1H Order Block identified
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
Phemex Analysis #96: Pro Tips for Trading Ripple (XRP)Since our previous analysis on XRP , Ripple’s native token [ PHEMEX:XRPUSDT.P ] successfully broke above the significant $2.45 resistance level, subsequently establishing a higher low around $1.90 on June 22nd. Encouragingly, XRP has surged 10% over the past two days, once again decisively breaking the $2.45 barrier, and is currently trading at around $2.57.
Given XRP’s recent bullish performance and evolving market dynamics, let's explore several potential scenarios that traders should closely monitor.
Possible Scenarios
1. Continued Bullish Momentum (Breakout Scenario)
If XRP maintains its current bullish strength, it’s likely to break above its recent high at $2.65. Such a breakout would signal strong buying interest and may push the price further toward the resistance zones at $2.96 and $3.12.
Pro Tips:
Entry Strategy: Consider entering or scaling positions upon confirmation of a breakout above $2.65, supported by increased trading volume.
Profit-Taking: Strategically take partial profits as XRP approaches the next resistance levels at $2.96 and especially $3.12 to secure gains effectively.
2. Rejected by Strong Resistance Levels (Pullback Scenario)
While the recent rally is promising, broader market conditions currently exhibit limited bullish momentum, indicating caution. XRP may face strong selling pressure at resistance levels like $3.12, leading to a potential price rejection.
In this scenario, XRP could retreat to establish a higher low above the important support at $2.15.
Pro Tips:
Buying Opportunities: Long-term investors might consider gradually accumulating positions if XRP forms a confirmed higher low above the critical support zone around $2.15.
Patience: Wait for clear stabilization signs at support before increasing positions, rather than rushing entries during active retracements.
3. Consolidation within Defined Range (Neutral Scenario)
XRP might enter a period of price consolidation, oscillating between support at $1.91 and resistance at $2.65. This scenario is common when market sentiment is uncertain or awaiting clearer directional cues.
Pro Tips:
Grid Trading Strategy: Utilize grid trading bots to profit systematically from predictable range-bound price movements. Initiate Long Grid bots near support at $1.91 and Short Grid bots near resistance around $2.65.
Stop-Loss: Always set clear stop-losses outside the consolidation range, ensuring protection against unexpected breakouts or breakdowns.
Conclusion
Ripple (XRP) currently offers compelling trade opportunities across different market scenarios. By closely monitoring bullish breakout signals above $2.65, potential pullbacks toward $2.15, and consolidation opportunities within $1.91–$2.65, traders can strategically position themselves to capitalize effectively while managing risks prudently. Always maintain a disciplined approach, pay close attention to broader market trends, and carefully execute trades based on well-defined scenarios.
🔥 Tips:
Armed Your Trading Arsenal with advanced tools like multiple watchlists, basket orders, and real-time strategy adjustments at Phemex. Our USDT-based scaled orders give you precise control over your risk, while iceberg orders provide stealthy execution.
Disclaimer: This is NOT financial or investment advice. Please conduct your own research (DYOR). Phemex is not responsible, directly or indirectly, for any damage or loss incurred or claimed to be caused by or in association with the use of or reliance on any content, goods, or services mentioned in this article.
Gold – July 11 | H4 & M15 Aligned, Higher Highs in Sight🟡 Gold – Higher Highs in Sight | July 11 Analysis
As outlined in our July 10 analysis
( Gold – H4 OB Held, BoS Confirmed ),
price retested the 3313–3310.5 POI and continued upward in alignment with the broader bullish structure.
Gold is now trading around 3330–3335 , and both H4 and M15 remain in clear uptrends — forming a consistent sequence of higher highs and higher lows .
This post is intended purely for educational and structural observation —
not as trading advice or encouragement to enter trades.
Please use your own strategy, confirmation methods, and risk assessment before taking any action.
🔄 Structure Alignment
✅ H4: Bullish continuation
✅ M15: Trend aligned, forming HH–HL structure
🟢 Bias: Long-only setups (based on structure)
🔍 Key Supply & POI Zones
📌 3345–3346:
→ Strong supply zone
→ If price breaks above, we expect a new higher high
📍 If retracement occurs before breaking 3346:
→ Watch 3319.5–3321.5 (M15 POI)
→ Valid only if respected with M1 confirmation (ChoCh + BoS)
🎯 Trade Plan (Educational Observation)
🛑 No shorts — structure does not support counter-trading
🕒 Monitor: For price to revisit the 3319.5–3321.5 zone
✅ If respected + M1 confirms → structure favors long
🎯 Target: Move above 3346 , continuing the bullish sequence
🧠 Final Thoughts
Price structure remains in strong alignment — but the key is confirmation, not prediction.
Wait, observe, and only act within your own defined process.
📖 Trade the structure, not the emotion.
When the trend aligns, hesitation costs more than waiting.
📘 Shared by @ChartIsMirror