Chart Patterns
BTC DOMINANCE REACH 10 DAYS HIGHCRYPTOCAP:BTC dominance reached a 10-day high as the crypto market moves toward the Whitehouse summit, where speculation for a Bitcoin Reserve is very high and reflected in the BTC price.
BTC jumped $10,000 in the last 3 days and hit $92,000 during today's trading session.
Summit tomorrow, with BTC short-term resistance at $94k-$95k.
🚨FOLLOW FOR QUALITY CONTENT AND AVOID THE NOISE🚨
XAUUSD (Gold) daily market analysisThe momentum is still up and it looks like gold is poised to retest the 2950 levels again, unless we see some healthy candle closures towards the 2895 levels.
Join me, a CFA charterholder, as I breakdown the daily market scenario for XAUUSD (GOLD). Whether you're a beginner or an experienced trader, this video is packed with insights to help you improve your trading game. Don't forget to like, comment, and subscribe for more trading tips and strategies!
EURUSD H4 | Bearish Drop Based on the H4 chart analysis, we can see that the price is currently testing our sell entry at 1.0808 that aligns with the 61.8% Fibonacci retracement, which is a pullback resistance.
Our take profit will be at 1.0651, a pullback support that aligns with the 38.2% Fibonacci retracement.
The stop loss will be placed at 1.0933, which is a swing high resistance level.
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LOTCHEM Gearing Up for a Bullish Comeback? OTCHEM appears to be forming a potential bullish reversal after finding strong support near 18.50-19.00. The stock is attempting to break out of its consolidation phase, with RSI stabilizing near 50, signaling a possible shift in momentum. A decisive move above 20.50-21.00 with strong volume could trigger a rally toward 23.50-24.00, making it a key breakout zone for traders. With volume still on the lower side, a spike in buying interest could confirm the uptrend. Keep an eye on this level—LOTCHEM might just be setting up for its next big move!
Bullish bounce off pullback support?EUR/NOK is falling towards the pivot and could bounce to the 1st resistance.
Pivot: 11.7451
1st support: 11.6802
1st Resistance: 11.8215
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XAU/USD Weekly Outlook: Potential Pullback or Breakout?XAU/USD Weekly Chart Analysis 🏆📉📈
1️⃣ Current Price: $2,919.35
2️⃣ Key Observations:
Distribution on H4: Potential sign of a short-term reversal. 📉
Divergence: Suggests weakening momentum at the highs, increasing the probability of a pullback. ⚠️
Multiple Unfilled Mitigation Blocks (MB): Areas of interest where price may retrace for liquidity grabs. 🧐
Fair Volume Ranges: Notable levels around $2,700 - $2,500, where price might stabilize if a correction occurs. 🔄 3️⃣ Potential Scenarios:
If price breaks down from the H4 distribution, expect a retracement toward the nearest MB unfilled levels (~$2,700).
If bulls hold momentum, breaking above current resistance (~$3,000) could push prices into price discovery. 🚀
💡 Conclusion: Watch for price action around the unfilled MBs and fair volume ranges. A correction seems likely unless buyers step in aggressively.
🔥 Trade Wisely & Manage Risk! 🔥
EUR/USD 1-hour chart on Bullish setup,EUR/USD 1-hour chart,
Details:
1. Buy & Sell Prices:
• BUY: 1.06184
• SELL: 1.06177
2. Trading Plan:
• An ENTRY ZONE is marked on the chart (approximately between 1.05806 - 1.06139).
• Price is expected to bounce from this zone and move upward.
• First target: 1.06999
• Second target: 1.07682 - 1.07869
• Final target: 1.08851 - 1.09000
3. Trade Structure:
• Bullish momentum is present in the market, forming a Higher High, Higher Low pattern.
• Price is anticipated to reject from the ENTRY ZONE and continue upwards.
This analysis suggests potential buying opportunities in EUR/USD, but confirmation from market conditions is essential.
2025 Prediction: Cycle Low Theory and ATH PEAKThis should be fun to see how it plays out. The 30-week cycle low theory suggests that BTC has been forming significant lows roughly every 30 weeks throughout this upward cycle (since low of Nov 2022). So far, this pattern has remained intact. Further confluence would be the 50 week exponential moving average that has acted as strong support since breaking it in March 2023 (see purple line).
Looking ahead to 2025, if BTC does not establish a new weekly low below $78K next week (and barring any recession in the US which will cause panic selling and great buying opportunities), I expect BTC to continue trending upward within the rising channel, making new highs. Based on this structure, BTC could reach $180K by end of July/summer of 2025, which aligns with the top of the upward channel. This summer high would most likely align with previous 30 week cycles and peak in in the last 40% of the 30 weeks (so after June 25th), before experiencing a pullback in the summer 2025, marking the final low of the cycle year.
This summer pullback should align with the bottom of the up sloping channel and also a 30-week cycle low, with BTC dropping toward $125K—a level that also represents a 59% increase from the previous cycle low in late February. Historically, similar "trough to trough" growth patterns have occurred.
The anticipated $125K low should act as a final support level before retail momentum drives BTC into its final levels for this cycle. $250k would act as the target for the top of the channel and if this plays out as expected, BTC could see an overextension toward $352K, based on previous cycle trends. I will also share my idea on why $352k in another post.
I have also added on the chart a dotted yellow line tracking early 2024 BTC highs that connect through Dec 2024 highs that could also act as minor support and resistance in 2025. The first instance is most likely a breakout of BTC to a new all-time high that could wick up past $130k and sell off to close that week closer to $125k. Similar confluence appears for the summer sell off from $180k-$125k where the $160k range could act as short term support and resistance for those who are actively trading.
Regarding timing, I will also go further into detail in my next idea post, but channel range high of $250k could actually happen as soon as Sept 20th and the cycle top that could go as high as $352k could happen as late as December 19th. More to come on this. For now just wanted to share the data I have put together. DYOR, reduce risk, take profit!
BANUSDT CHART ANALYSİS - EDUCATIONAL POSTThe NFT Concept
You may already know that each unit of value in a blockchain is called a token. In an open blockchain, all tokens are equal and interchangeable. For example, one bitcoin can be easily replaced with another, and nothing will change.
Non-fungible tokens are a game-changer, which work differently. An NFT is a digital asset that cannot be replaced with another token without changing the value and basis of the object.
Like cryptocurrency, NFTs are created on a blockchain, which acts as a database to record all transactions. The blockchain guarantees the uniqueness, safety, and anonymity of non-fungible tokens. Thanks to this system, any user can verify the originality and transparency of the history of a particular NFT through the blockchain.
When you buy an NFT token, you are obtaining a certificate for a digital or real object. However, the work itself doesn’t move anywhere. You only use its digitized file or a certificate of ownership. Once created or purchased, the token sits in perpetual storage. This certificate is just lines of code that confirm it is the token owner who has the original copy of the object.
An NFT token can be compared to a painting, which may belong to a gallery, museum, or individual, but the audience can see it in a catalog or exhibition.
NFT tokens are sold in online marketplaces that operate like Amazon. The creators put them on marketplaces and wait for bids from buyers.
An NFT token can be created by you or by anyone for that matter. To do this, you need to take a digital object (picture, music, photo, etc.), register in a particular marketplace on a platform such as Rarible or OpenSea, and upload the object with a description and price. You will have to pay a fee for creating a blockchain entry on many platforms. However, the costs pay off in most cases, as NFTs are #1 in the crypto world today.
Review and plan for 6th March 2025 Nifty future and banknifty future analysis and intraday plan.
dxy, few stocks analysed.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
GBP/NZD Very Near Amazing Place To Buy , Ready For 250 Pips ?This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
SENSEX S/R for 6/2/25Support and Resistance Levels:
Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down.
Breakouts:
Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold.
Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying.
MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) :
Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum.
Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum.
Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set.
Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward.
Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop.
Disclaimer:
I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
CAC40 (FR40) Index outlookBullish Scenario:
The CAC (F40) index maintains a bullish outlook, supported by the prevailing longer-term uptrend. The recent intraday price action indicates a bullish breakout above a period of sideways consolidation. The key level to watch is 8100, which marks the breakout zone and aligns with the rising support trendline. A corrective pullback that finds support at 8100, followed by a bullish rebound, could trigger further upside movement towards 8265, with extended targets at 8308 and 8354 over a longer timeframe.
Bearish Scenario:
A confirmed breakdown below the 8100 level, particularly with a daily close beneath this support, would negate the bullish outlook. This would expose the index to a deeper retracement, with immediate support at 8017, followed by 7983 and 7928, indicating a potential shift towards a corrective phase.
Conclusion:
The broader trend remains bullish, but 8100 is a pivotal level. Holding above this zone reinforces upside potential, while a decisive break below it could lead to increased selling pressure. Traders should monitor price action around this key level to confirm the next directional move.
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XAUUSD GOLD Idea H2
Gold has shown a strong bullish reversal after breaking structure and retesting the key demand zone around 2880. The price has now flipped previous resistance into support, confirming bullish momentum. If we see a successful retest of the 2920 zone, we could expect a push towards 2955.
Key Levels:
✅ Support: 2880
✅ Resistance: 2920 → 2955
📈 Bullish bias as long as structure holds. Let’s see if buyers step in!
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