BTCUSDT - Probable Short Opportunity Amidst Key Technical SignalResistance Rejection: Price rejected at a horizontal resistance zone, showing bearish pressure with wick formations indicating seller dominance.
Trendline Respect: Price respects a descending trendline, supporting bearish continuation probabilities.
EMA Confluence: Below the 50 EMA, signaling weakening bullish momentum.
Volume Decline: Reduced buying volume suggests fading demand, aligning with bearish sentiment.
Indicators Align Bearish:
RSI trending downward near midline.
MACD showing a potential bearish crossover.
Risk/Reward: Favorable 2.09 ratio, with clear invalidation above resistance and significant downside potential.
Cloud Base Test: A break below the Ichimoku Cloud base could accelerate bearish movement.
Probabilities:
Bearish Continuation: ~65%.
Bullish Recovery: ~35%.
Plan:
Entry: On a breakdown below horizontal support.
Stop Loss: Above resistance.
Target: Next support zone or lower trendline.
Multiple confirmations favor a short trade setup. Manage risk effectively.
Chart Patterns
IOTA is getting ready for the next bull run!Hey guys, Based on the chart a bullish channel has been identified and currently price have reached to the bottom line which can act as a supporting level. Also a bullish wedge is on the chart that can confirm our bias.
So with risk/reward of 1/3, it can be another good and low risk opportunity to buy.
Brent Oil - Correction in progressTrend : Uptrend
Current Wave : Wave 1 to Wave 2.
Note: If wave 1 completed, we want to see a retracement wave ABC/WXY/. I don’t which one will happen.
Plan : I want to see a reversal of wave A before join the wave to wave B and join the wave to wave C when reversal can be seen at wave B. Finally join the wave from wave 2 to wave 3.
This is my point of view only. Not a recommendation to buy or sell. Do your own TA for confirmation.
TAYOR.
ALGOUSDT - bullish pennanthi traders,
Recently we shared this idea where we expect the price of ALGO to rise:
There's not much changed but the price has been forming the bullish pennant.
Anyway, all the ways lead to 0,70$
Patience required. However, in March or April, ALGO should be traded around 0,70$.
GOOD luck
$XAUUSD: Gold firing on all cylindersSeems like OANDA:XAUUSD triggered a weekly up trend again, you can see it has been trending up strongly since I called the long term trend in Gold would take place a while back (see related ideas). Trump's ideas regarding inflation and rates might influence the Federal Reserve's actions going forward, perhaps the market is pricing this in now.
Historically, precious metals move in correlation to real interest rates, that is, inflation adjusted interest rates. At times, Gold might be affected by broad scale deleveraging at times of market stress, since it acts as collateral for many investors, or it might be bought as a hedge for geopolitical risk. In normal periods, real rates influence price the most.
Best of luck!
Cheers,
Ivan Labrie.
Will History Rhyme for Riot Platforms $RIOT (+120% Rally)?History doesn't always repeat itself, but it does tend to rhyme! The stars are aligning for Bitcoin CRYPTOCAP:BTC , and if the Crypto King officially enters the next WAVE of this bull market cycle, then I wouldn't be surprised to see NASDAQ:RIOT rally +120% in the month(s) ahead. We've seen it before... There's no reason we couldn't see it again! 😏🔮🚀
Also, I just posted a YouTube video covering CRYPTOCAP:BTC NASDAQ:RIOT NASDAQ:MARA and NASDAQ:COIN if you want to check it out. 🤙🏼🎬🎥
ETH - Super bullish inverse H&SCould we be looking at a super bullish scenario of an inverse head and shoulders for ETH? It looks ugly, but could work if the neckline is decisively breached. If it is, we could be looking at some serious gains for ETH. This isn't meant to be fake news or an attempt to gain followers, it's all on the pile of possibles until made improbable. So, we'll keep our fingers crossed and look for higher highs. Until then, follow for more.
XAUUSD Analysis: Potential Bearish Pullback Towards Key Support📉 XAUUSD Daily Analysis 🔍
🚨 Potential for a Bearish Pullback 🚨
Gold (XAUUSD) is showing signs of a potential downward move after rejecting a key resistance level. If this momentum continues, we could see the price heading towards the support zone at 2680/2670.
💡 Key Insights:
📌 Market rejection at resistance = possible bearish momentum.
📌 Target support area: 2680/2670.
📌 Risk Management: Stick to 1-2% risk on trades.
⚠️ Historical Note:
When the market last hit an all-time high, it saw a sharp one-day drop. Stay cautious!
💬 Disclaimer: This is for educational purposes only. Always trade responsibly and manage your risk effectively.
Is Ethereum set for more gains, with $4200 as the target?Hello and greetings to all the crypto enthusiasts, ✌
In several of my previous analyses, I have accurately identified and hit all of the gain targets. In this analysis, I aim to provide you with a comprehensive overview of the future price potential for Ethereum , 📚🎇
After a few days of moving outside its typical range, the price has now returned to the parallel channel it previously established. Given this, I expect additional upward momentum from the lower boundary of the channel, with higher targets ahead. This price action indicates the trend is likely to continue, supported by a clear trendline that outlines the ultimate target. The trendline provides a solid reference point for predicting the price's future movement. As a result, the outlook remains bullish, with an expectation of continued gains, potentially yielding at least a 23% profit. 📚💡
🧨 Our team's main opinion is: 🧨
After several days, the price has returned to its previous parallel channel, and I expect further upward movement from the lower boundary, with the final target confirmed by a clear trendline.
Give me some energy !!
✨We invest countless hours researching opportunities and crafting valuable ideas. Your support means the world to us! If you have any questions, feel free to drop them in the comment box.
Cheers, Mad Whale. 🐋
$SOL bullish on the 4 hour CRYPTOCAP:SOL looking bullish if we get a breakout and retest off this trend line on the 4 hour. Weekends usually have lower volume. Let’s keep an eye on this. 👀
We need BTC and overall crypto to stay bullish. There were additional filings for CRYPTOCAP:SOL ETFs this past week.
ETH preparation Anyone who is looking to go long on ETH just be a bit careful and consider this analysis as something which could play out.
The first reason why I think we don’t start going up quickly again until mid-late Feb is partly due to the technical analysis showing unmitigated areas of supply / significant imbalances /FVG’s- which typically slow the market down by causing some negative price action.
The second reason is because of the bitcoin miners and related equities like Coinbase and Microstrategy…they have just entered a significant area of supply after a 3 wave move up - this implies the more likely move is down for at least a couple of weeks. Also on the daily timeframe Coinbase and Microstrategy show Elliot Wave counts which imply wave C down has not come in yet depending on how you interpret the charts.
The third reason is because $3000 ETH is a psychological level resting in an untested demand zone which is nestled underneath a double bottom type structure which indicates it to be a likely area for price to head down to.
It is tricky to find a highly probable trade on ETH at the moment - so it’s a waiting game until something clearer develops.
Silver Charts Show Strength: What’s Next?Silver is maintaining a strong uptrend with higher highs and higher lows, supported by a rising trendline around $28-$30.
The upper trendline acts as resistance, and a breakout could drive further upside. However, a breakdown below the trendline may signal a potential correction.
More update are coming soon, Stay tuned!
Please support us with yours likes and comments.
THANK YOU
Unity Software $U to $30+ IF They Beat Earnings on January 30thIf, and this is a BIG if, Unity Software can impress with their earnings report on January 30th (which I'm personally betting on) then I think that NYSE:U can make it's way up to the line of "conservative" resistance on this ascending channel by mid-February ($30+). 💸🏆📈
Also, I recently posted a video on YouTube discussing NYSE:U and why I'm bullish on it in 2025 if you want to check it out. 🤙🏼🎬🎥
IWM is on a downtrendIWM is currently in a clear downtrend, forming lower highs and lower lows within a declining channel. A significant selloff could occur in the final week of January, potentially driving the price to establish another lower low. A solid trading strategy to capitalize on this trend would be selling call credit spreads or buying puts to align with the bearish momentum.
Gold: New All Time High AheadDisclaimer: This is not a trading advice but a personal analysis.
Greetings! what do you think about this analysis.
Current Price Now: 2770
Gold is ready to hit new "All Time High". Because market tested all lower positions but could not change the trend. USD's continuous devaluation and the crisis in the Middle East are the reason behind bullish trend in XAUUSD. Gold is currently working under bullish parallel pattern and trying both lower lows and higher highs but it has shown support to bulls. Now market's next move will be to break the last All Time High to give us a new All Time High.
Support Areas: 2760, 2745
Resistances: 2788, 2820
Demand Zone: New ATH 2820
Like, comment and support for more updates.
Thanks for support
Gold weekly swing trade buy and sell levels This weeks swing trade we are targeting a pullback to previous support before entering a buy.
Target for the sell entry first is enter at 2769 expecting to bounce at resistance at 2747 for a gain of 226 pips.
On the buy side looking at entering at 2745 expecting a push to 2799 for a swing of 543 pips.
Trade is based on higher time fram analasis of both support and resistance plus trend lines .
As always with these type of trades use reduced lot size so you can afford to stay in the trade with drawdown longer.
For the last week we have seen Gold make a new all time high and 2800 will be tested this week.
Last weeks trade never activated but the bullish direction was right.
Hope we all have a good week in trading this week , ill update as the week goes on
Trading Idea for EUR/USD with Confirmation from DXYThe DXY chart shows a QML (Quasimodo Level) already confirmed through a BOS (Break of Structure). The next step is a return to the OTE (Optimal Trade Entry) zone, where the daily order block (OB) is located. On DXY, we expect a reaction to the daily OB or the 4-hour GAP, signaling further index downside and confirming long entries on EUR/USD.
Scenario for EUR/USD:
DXY reacts to the daily OB or 4-hour GAP, confirming its decline.
This confirmation supports opening long positions on EUR/USD.
Entry on EUR/USD is made at the OTE zone from the daily OB.
An additional entry point is the 4-hour FVG on EUR/USD.
Strategy:
Confirmation: Reaction to the daily OB or 4-hour GAP on DXY.
Entry: Long EUR/USD from the daily OB or 4-hour FVG.
Stop-loss: Beyond the OB boundary.
Take-profit: At the true supply level.
Using DXY’s reaction as confirmation helps minimize risks and improves entry precision.
VIRTUAL - A Long Opportunity or More Pain Ahead?VIRTUAL has dropped over 50% from its all-time high of $5.14, now trading around $2.50. A head and shoulders pattern has formed, with price currently testing the neckline, a bearish sign that could signal further downside. Let’s break down potential targets and trade setups.
Key Levels and Support Zone:
1.) POC from December 2024 Range:
Located at $1.67, a significant level from previous trading activity
2.) Anchored VWAP:
Taken from the lows, currently around $1.62, reinforcing the $1.66 zone as strong support
3.) Fibonacci Retracement (Log Scale):
The 0.382 Fib from the recent wave sits at $1.77, providing additional confluence for the support area
4.) Trend-Based Fibonacci Extension:
The 0.786 Fib aligns at $1.71, further strengthening the $1.70–$1.80 range as a reliable support zone
Trade Setups:
Short Setup:
Entry: $2.836 (Fib retracement 0.618 from the current downtrend)
Target: around $1.80
Stop Loss: Above $3
Risk-to-Reward: 5:1
Potential Drop: 30–40% from the entry level
Long Setup:
Entry: $1.70–$1.80 range
Target: Depends on confirmation and take profit areas. A realistic initial target could be around $2-$2.30
Stop Loss: Below $1.52
Risk-to-Reward: 2:1 or better depending on take profit strategy