Link is still above a key support level , what's next ?Hello Traders 🐺
In this idea I'm goanna about to take a quick look on LINK because as you might already known I'm a big fan of LINK and I think it's about to do extremely well in this cycle ;
As you can see in the chart price is already above a key support level which is monthly support and created a lower low in the price but higher lows in the RSI value , which cause to this bullish divergence , also LINK/ETH is showing some strength again so that means we are about to see LINK out performing ETH in this Altcoin Season because LINK/ETH chart have a strong bullish pattern on the monthly chart , you can also check it here :
as you can see what we have here , is a double bottom formation on the monthly chart , my price target for it is somewhere around 0.5 or 0.618 fib level .
in the short term I expect a test to green resistance line ; act accordingly my friends also I posted a very important idea about BTC.D here , make sure to read it carefully because it's also even more important than this idea :
Chart Patterns
Gold Technical Outlook: Bounce Likely Before Deeper Drophello guys.
The recent price action on gold suggests a potential short-term upward move, followed by a possible continuation to lower levels based on key technical factors:
🔹 1. Channel Support Touched – Expecting a Bounce
Price has touched the bottom boundary of the ascending channel, which has acted as dynamic support throughout this trend.
This technical level often brings in buyers, suggesting we may see a relief rally or bounce from this area.
🔹 2. Targeting Upper Blue Zones
If this upward correction materializes, price could reach:
The first blue resistance area around 3,090 – 3,100.
Possibly the second zone near 3,120, which aligns with previous structure and minor volume resistance.
These zones offer ideal points for watching price reaction—either rejection for shorts or breakout confirmation.
🔹 3. Potential for Further Downside
If the price gets rejected from one of those resistance areas, we could see a move down to:
The low-volume zone below 3,000, specifically the support at 2,965.
The lack of volume profile in this area (as shown on the left) suggests that once price enters this zone, it can drop quickly due to thin liquidity.
📌 Conclusion
Short-term bullish: bounce from channel support targeting 3,090–3,120.
Mid-term bearish bias: If rejection occurs in resistance zones, anticipate a drop to 2,965 or even lower.
Watch for confirmations on lower timeframes to refine entry and exit points.
Gold falls, Bitcoin risesHello traders, I want share with you my opinion about Bitcoin. Previously, the price moved inside a triangle pattern, where it faced pressure from the resistance line while holding above the lower boundary. After the breakout from this formation, BTC began forming an upward channel, signaling a shift toward a bullish structure. Inside the channel, the price reacted multiple times to the support line, especially within the buyer zone between 79600–81000 points. Every touch of this zone triggered a rebound, indicating that buyers consistently protect it. Most recently, BTC bounced again from the 81000 support level, which aligns with the lower channel boundary. This rebound shows that bullish momentum is still present, and the structure remains intact. Now, the price is stabilizing and preparing for another upward move. I expect BTC to continue rising toward the 88500 resistance level, which is both the TP1 and the upper boundary of the current channel. This level also aligns with the lower edge of the seller zone, making it a natural target for the next wave. With the price holding above key support, the confirmed channel structure, and repeated bullish reactions from the lower zone, I remain bullish and anticipate a continued move upward toward 88500 points. Please share this idea with your friends and click Boost 🚀
Google - Fantastic Bullish Break And Retest!Google ( NASDAQ:GOOGL ) just looks amazing:
Click chart above to see the detailed analysis👆🏻
For more than a decade, Google has been trading in a rising channel formation, perfectly respecting all market structure. Now, Google is about to retest the previous all time high once again and with a sharp correction of about -25%, this offers a significant bullish reversal setup.
Levels to watch: $150
Keep your long term vision,
Philip (BasicTrading)
$ETH update, are we at the bottom?We’re getting close.
If you’re still holding AMEX:ETH , you might just need a bit more patience — in a month, we could be heading back up.
Let’s break down the chart, because this is a fascinating setup:
1️⃣ Two similar patterns with three tops and three MACD resets.
2️⃣ AMEX:ETH is in a consolidation zone between $1950 and $1075, right where past rallies have started.
3️⃣ MACD on the weekly is near reset — a bullish reversal could kick in within 2 weeks and last 6+ months.
4️⃣ RSI is at the bottom, aligning perfectly with the MACD: this often signals a bounce.
📉 Yes, one last dip is possible — maybe $1150–$1250 — but I personally think AMEX:ETH will bounce above the previous low.
🚫 Don’t sell the bottom. Capitulating now could mean missing out on the reversal.
📅 Timeline? January was the time to exit. If you’re still in, just hold tight — things might look very different by May and beyond.
⚠️ Disclaimer: This is a chart-based analysis. Macro factors (👋 tariffs!) can shift everything, so stay alert and manage risk.
Excellent Price-action for Profit opportunitiesTechnical analysis: Choppy Trading sessions so far as the Price-action (Xau-Usd Spot) managed to close above the Daily chart’s Support zone, still giving decent chance to Buyers and so far (throughout today’s session) Gold is Trading above the Support fractal (#2,952.80 - #2,957.80). Hourly 4 chart delivered Double Bottom structure and Technical setting became strongly Oversold as the sequence (#3 out of #3 cycles replicated) recovered the Hourly 4 chart’s #3,012.80 - #3,018.80 belt each time throughout Asian session and as soon as possible in order to revive Buyer’s intent to get back into Bullish phase (Bullish Short-term). However, there is an possibility for aggressive takedown if #3,000.80 benchmark gives away, however that outlook remains less possible as current Bottom is formed and the Price-action is getting rejected twice in a row Hourly 4 chart (both times delivering relief rally). Hourly 4 chart almost delivered strong Bearish formation however current sequence got rejected and now I am ready to pursue values above the current Price-action. Gold is delivering strong Bearish and Bullish formations which brings Lower High's and Higher High's zones in motion for both Sellers and Buyers to pursue both ways. I am consulting my Donchian Channel and Trading it for couple of sessions now and I am interested in both Buying and Selling opportunities.
My position: I have Sold Gold throughout yesterday' session twice from #3,035.80 - #3,042.80 (closed both on #3,015.80) and Bought Gold on #2,065.80 and kept order over-night / closing #3,011.80 few moments ago which is excellent Price-action to Profit on and I am looking forward for today's opportunities. I do expect Gold to remain in #2,952.80 - #3,052.80 range for a while where I will Buy and Sell respectively from my calculated re-Sell and re-Buy zones.
EURGBP rises despite no clear catalyst linked to EUR or GBPEURGBP rises despite no clear catalyst linked to EUR or GBP
The EUR/GBP trading scenario I shared months ago is finally showing clear movement. The weekly support zone around 0.8200 - 0.8300 has proven to be remarkably strong, holding the pair in place for an extended period.
What’s surprising is that the bullish wave has begun now—despite no clear catalyst directly tied to the Eurozone or the UK. Instead, the surge seems to be fueled by market turbulence caused by Trump’s tariff decisions, which have disrupted global sentiment. EUR/GBP had been undervalued, but lacked a trigger for upward movement—until now.
So far, the pair is rising steadily, increasing the likelihood that a major bullish wave is underway. If the Bank of England cuts interest rates in the upcoming meeting, it could further accelerate EUR/GBP’s climb.
You may find more details in the chart!
Thank you and Good Luck!
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USD/JPY M30 | Falling to overlap supportUSD/JPY is falling towards an overlap support and could potentially bounce off this level to climb higher.
Buy entry is at 146.62 which is an overlap support that aligns with the 38.2% Fibonacci retracement.
Stop loss is at 145.71 which is a level that lies underneath a swing-low support and the 61.8% Fibonacci retracement.
Take profit is at 148.09 which is a multi-swing-high resistance that aligns with the 61.8% Fibonacci retracement.
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POL PROBABLY IN WAVE 'A' OR '1'This is an update on our POL wave count shared earlier, we have modified the wave count looking at the formations and excluded the possibility of the current wave being a wave C.
If the wave count is correct then we are in 5 or Y of wave 1 or A.
With reference to my last idea of POL in which we got greedy and took a loss on 50% of our positions and are still holding 50% of the long positions for long term. Since are preferred wave count is still showing some downside which can reach 500-475 range and even further, It is not wise to just let our investment sit there and wait for the upward movement which can take months from now. Therefore we have decided to hedge our current position with a small portion of short sell in POL futures.
Will share the short sell trade setup tomorrow morning
Let see how this plays, Good Luck!
Disclaimer: The information presented in this wave analysis is intended solely for educational and informational purposes. It does not constitute financial or trading advice, nor should it be interpreted as a recommendation to buy or sell any securities.
Confluence at 65KBTC seems to be developing a bullish Gartley pattern, currently evolving within a potential bear flag.
The pattern would complete at point D, around $64,600–65,000, where multiple confluences meet:
- 78.6% retracement of XA
- 141.4% extension of BC
- Lower boundary of the flag
- Retest of former resistance trendline
- Saylor’s average entry price 😏
A key condition: we need to break below the current wedge to increase probabilities of reaching point C.
Until then, the pattern remains a setup in progress.
Letting it unfold, one leg at a time.
CHFJPY: Short Trade with Entry/SL/TP
CHFJPY
- Classic bearish formation
- Our team expects fall
SUGGESTED TRADE:
Swing Trade
Sell CHFJPY
Entry Level - 172.08
Sl - 172.94
Tp - 170.44
Our Risk - 1%
Start protection of your profits from lower levels
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Full analysis of gold operation strategiesTechnically, gold rebounded quickly in the Asian session and was under pressure from the 3055 level, then fell and fluctuated. In the afternoon European session and the evening US session, it was under pressure from the 3045 level, then fell and fluctuated downward, breaking the bottom. In the early morning, the price of gold accelerated downward, broke through the 2960 level and reached around 2957, where it stabilized and rebounded. The daily K-line closed at a high and then fell back to the hanging neck middle shadow. After the overall gold price reached the high point of 3167 last week, it was suppressed and fell downward for three consecutive trading days. The hourly moving average of gold was in a volatile operation, and the strength of gold shorts had not weakened. Gold rebounded or continued to be short, and gold was still weak overall. Gold was still under important pressure near 3055, and continued to be short after the rebound was blocked. Affected by trade tariffs, the global market encountered a "Black Monday". Gold had a big intraday shock on Monday, with an intraday amplitude of nearly $100, and finally broke down in the US session. Investors turned to the US dollar for risk aversion due to tariff concerns. The gold market showed a sharp decline, continuing the downward trend at the end of last week. The daily level has closed negative for three consecutive days.
At present, gold has fallen by $100 for three consecutive days. The daily price has hit the 30-day moving average support for three consecutive days. It is difficult for gold to hit a new low today. Gold is in the fourth trading day of decline and adjustment. Although there was a rebound in the morning, the 1-hour moving average still showed a short arrangement with a death cross downward, and the short volume has not decreased, indicating that the short-term short trend is still continuing. After the gold price fell, it is also trying to regain lost ground, but the rebound is weak. Now the bottom signal has not been confirmed. At present, given the obvious short trend, it is recommended to rebound short as the main, and callback long as the auxiliary, and pay close attention to the upper 3025-3030 resistance and the lower 2956-2950 support.
Operation strategy:
1. It is recommended to buy gold at 3025-3030 rebound, stop loss at 3040, target at 3000-2970, break at 2050.
2. It is recommended to buy gold at 3000-2994 pullback, stop loss at 2988, target at 3020-3030.
The price of gold will reverse!As predicted, we expected a 5-wave formation, which happened, and with the formation of a divergence between waves 3 and 5, the price of gold fell.
Now a small wave with 5 parts has formed, which could be wave A of a zigzag.
We expect the price to grow by 61.8% of the decline that occurred in the main wave B.
Now, considering the psychological support of $3,000, this price reversal may happen right now or it may fall to the $2,960 range and then the price will grow.
In general, we will have a growth in the main wave B and then another sharp decline in the main wave C.
Meanwhile, the RSI indicator has also reached the oversold limit.
Good luck and be profitable.
GOLD MARKET OUTLOOK – Investor Panic After Fake News🟡 GOLD MARKET OUTLOOK – Investor Panic After Fake News, Bearish Bias Remains
📉 Current Strategy: Focus on SELL setups at key resistance zones – short-term bearish outlook remains valid
📌 US Session Recap:
Gold saw a sharp sell-off after a fake news report circulated about the US delaying its planned tariff policy.
→ While the White House later confirmed it was misinformation, the damage was done — panic selling hit across global markets.
💥 As a result, gold dropped aggressively and reached the 295x zone, aligning perfectly with AD’s previous short bias.
Meanwhile, US equities also continued to bleed red.
🧠 Market Sentiment: “Cash is King” is Back
With global instability and fear on the rise:
🔹 Investors are hoarding cash
🔹 USD demand increases, along with inflows into US government bonds
🔹 Risk assets like gold, stocks, and crypto are being dumped
💡 This could be part of Trump’s larger play — forcing global capital to flow back into US Treasuries while applying pressure on speculative markets.
🔮 AD’s View:
Unless we see a clear shift in investor sentiment, the base case remains: → Sell rallies through midweek, then reassess.
🧭 Key Technical Zones to Watch:
🔺 Resistance: 3005 – 3016 – 3035 – 3056 – 3076
🔻 Support: 2980 – 2969 – 2956 – 2930 – 2912
🎯 TRADE PLAN:
🟢 BUY ZONE: 2930 – 2928
SL: 2924
TP: 2934 – 2938 – 2942 – 2946 – 2950
🔴 SELL ZONE: 3034 – 3036
SL: 3040
TP: 3030 – 3026 – 3022 – 3018 – 3014 – 3010 – ???
📌 Keep an Eye on DXY:
The US Dollar Index is currently testing a major 3-year support level.
→ If equities fail to recover and fear persists, DXY could bounce — and gold would likely continue its correction lower.
⚠️ Final Note:
We’re in a highly volatile and uncertain environment.
→ Stick to the plan. Respect your SL/TP levels. Avoid emotional decisions.
—
📣 Found this perspective useful? Follow for daily macro-backed trade ideas and real-time market structure breakdowns.
Clarity. Consistency. Risk Management.
— AD | Money Market Flow
Gold Rejects Channel Highs — Retracement to $3,000 Before HigherGold has printed another clean rejection at the upper boundary of a short-term ascending channel on the 6H timeframe. This latest rejection adds further validity to the structure, suggesting that we may now see a healthy technical pullback toward the equilibrium line of the channel — and potentially down to the lower support boundary near the $3,000 psychological level.
Technical Outlook:
Another rejection from channel resistance confirms structural validity.
1:4 risk-to-reward short opportunity with clear invalidation and confluence.
Targets:
– TP1: $3,005 — channel midline + psychological level
– TP2: $2,955 — previous swing high + dynamic quarterly support
$3,000 psychological levels are often retested before continuation.
Fundamentals & Geopolitical Context (as of April 1, 2025):
Gold's Macro Bull Trend Remains Intact
Despite this short-term setup, the broader macro backdrop continues to support gold:
– Central banks accumulating gold amid global de-dollarization
– Real yields remain negative across key regions
– Oil trading above $100 fuels inflationary pressure
Geopolitical Flashpoints Supporting Volatility
– Russia-Ukraine war shows no signs of easing
– Middle East tensions rising (Israel–Hezbollah conflict)
– Taiwan-U.S.-China escalation continues post-military exercises
Bitcoin Weakness = Gold Rotation Potential
– BTC struggling at $70K, showing early signs of distribution
– Miner pressure increasing ahead of halving
– Targeting possible correction to $50K = capital rotation into gold
Conclusion:
Technical rejection at resistance aligns with macro expectations of a short-term pullback.
$3,000 key psychological level likely to be retested before further upside.
Gold remains in a macro bull market; this move is likely corrective within a larger expansion leg.
Long Term Gold Bull Target $4,200:
Previous Long (Target hit and closed at $3,100):
Previous Intra Long (Target hit and closed at $3,100):
Bitcoin Bubble at $70K? Prepare for ImpactBitcoin recently faced strong rejection near the $81,000 level, forming a potential double top pattern on the higher timeframes. This classic bearish reversal setup is now playing out, as price action has begun to decline from the second peak.
Adding to the bearish confluence, the MACD has confirmed a bearish crossover, signaling weakening momentum and a potential trend reversal. The rejection at $81K aligns with historical resistance, and price has failed to break above it despite multiple attempts.
Going forward, there are two key scenarios to watch:
Retest of the $76,700 zone – A minor support area that could offer a bounce or consolidation before the next move.
Deeper pullback towards $70,000 – If bearish pressure continues, CRYPTOCAP:BTC could head lower to test this psychological and technical support level.
XAUUSD: Swaying for Momentum - Awaiting Bullish SignalAfter the sharp drop to the 2,968 zone, gold bounced back like a fighter who got knocked down but still has the strength to stand up. Currently, gold prices are "swaying" in the 2,998 - 3,057 range, with the EMA 34 and 89 acting like a cushion, preventing prices from falling freely once again.
The H4 chart shows prices struggling to find momentum within the accumulation zone, still undecided whether to move up or down. Keep an eye on the 3,116 resistance zone. If the price breaks through, it’s likely to continue climbing, but beware, this zone could easily become a "trap" for buyers.
And don’t forget the upcoming CPI news! If CPI data comes out higher than expected, the USD may strengthen, pushing gold down a bit. On the other hand, if the data is softer, gold might have the excuse to bounce back up.