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Consolidation

BITCOIN → High risk. Falling towards 70K or rising towards 100K?BINANCE:BTCUSD is forming a correction phase after Powell's speech last week. If the price goes beyond the accumulation boundaries, there will be a risk for a strong fall as the price is approaching the panic zone... Bitcoin is still in high demand, but private traders are going into a phase of profit taking after negative news, while institutional traders are taking advantage of the moment and buying the asset at a cheap price. But it doesn't mean anything. Fundamentally, Trump gives a big chance to the cryptocurrency market, but after winning the presidential election the excitement starts to fade and then the risk of revaluation increases. If the market does not get what it was promised, a deep correction may occur. Also, the Fed played a negative role last week: slowing down the rate cuts and negative tone about the strategic reserve and reluctance to have BTC on their balance sheet. Technically, despite the breakout of the ascending channel support, the price is still inside the 99K - 86K consolidation Resistance levels: 99300, 103600 Support levels: 91780, 86700, 82700 The price is approaching the support. If the market keeps the price in this zone, bitcoin will have a chance to recover to 100K. But, if the fight for 86-84K zone starts, then everything will depend on the general market background, a negative background can provoke a breakdown of strong support and the price will fall into the void zone... Regards R. Linda!
BINANCE:BTCUSDLong
by RLinda
15
GOLD → A reversal pattern for a further fallFX:XAUUSD is consolidating below the key point - 2620. Against the backdrop of a strong and growing dollar, gold has a chance to test local lows Gold price gains are likely to remain subdued as the US dollar continues to be supported by the hawkishness of the Federal Reserve at its December meeting. Trump's protectionist policies are fueling inflation expectations, setting the stage for higher interest rates. In addition, amid Christmas holidays and reduced trading volumes, market participants are inclined to maintain positions in the US currency. Thus, gold is still seen as an attractive instrument to sell in case of attempts of its recovery, except for cases of sudden geopolitical aggravations, for example, in the regions of the Middle East or Eastern Europe. Resistance levels: 2620 - 2622, 2633 Support levels: 2606, 2590 Emphasis on 2622. If the bears keep the price below this zone, it is worth looking at local support levels, as a breakdown of these levels will only strengthen the fall to 2600-2560. Regards R. Linda!
FX:XAUUSD
by RLinda
7
GOLD → Correction before further declineFX:XAUUSD is testing the zones of interest within the counter-trend correction after it managed to break a rather strong level earlier. The fundamental background is not very good, there is bearish pressure on the market. The negative impact on gold is built around the hawkish stance of the Fed (inflation, Trump's future policy and the economic data of the last two weeks). The cycle of interest rate cuts may slow to 2 rate cuts for 2025. Friday's correction is mainly due to PCE data, but I don't think it will change the global picture. Towards the end of the year, it is logical to reduce liquidity in the markets, which could increase mispriced volatility in the market. Be careful! The gold market is still supported by the conflict in the Middle East and Eastern Europe. Technically, price is forming a flag after a strong decline. At the moment the price is inside the pattern and for trading it is worth paying attention to the boundaries of the local channel. Resistance levels: 2620, 2631, 2640 Support levels: 2606, 2560 Emphasis on 2620. If the bears break the level and keep the defense below the level, it can generally increase the pressure, which will provoke the price drop. But I do not rule out an attempt to break the channel resistance and retest 2640-2650 before a further fall. Regards R. Linda!
FX:XAUUSDShort
by RLinda
2
EURUSD → Consolidation in the selling zone. FX:EURUSD is coming out of a prolonged consolidation. As part of counter-trend correction, the price is testing the previously broken support and trying to consolidate in the selling zone. The fundamental background has become sharply negative since last week, which generally determines the medium-term potential for the currency pair. The rate cuts in the US have slowed down, but in Europe they are going to continue to cut rates. Trump's policy with his tariff system will also put negative pressure on the EURO. Technically, against the background of a strong rallying dollar, the euro has almost no chance. If the bears keep the defense below 1.0448 and focus on breaking the support, the currency pair may head towards 1.022 in the medium term. Resistance levels: 1.0448, 1.053 Support levels: 1.033, 1.022 At the moment, the focus is on the two nearest resistances. It is possible to retest these zones and try to defend their borders from the buyer's side, but there are not many chances. A breakdown and fixing of the price in the selling zone will strengthen further decline. Regards R. Linda!
Short
by RLinda
1
GOLD → Short to medium term perspectiveFX:XAUUSD after breaking through the support and updating the local minimum is returning to the area of 2620-2625, fueling the hopes of the bulls for possible growth. But, the medium-term picture for gold is not stable. Let's understand The strong dollar, which soared to local highs is a threat to gold going forward, as the Fed's hints of halting the rate cut course and adopting a hawkish stance on monetary policy has affected the market quite aggressively. There are 2 rate cuts pledged for 2025. Not to forget Trump's policies in general - the impact on rising inflation.... There are two interesting charts online that should not be overlooked: Statistics play an important role in shaping prices, but it is worthwhile to base this on actual fundamental and technical data. You should not use these statistical charts as primary data, but you can take them into account. We will analyze the dollar in terms of cycles and possible reversal in the second half of January and further as Trump acts.... As for gold, technically, in the short and medium term, I expect the decline to continue for the following reasons: - the bearish structure is confirmed - a localized retest of the zone of interest and imbalance is forming before a further fall. - The bearish trend has not broken within the framework of the December 10-13 movement. - price updates local lows We continue to follow the zones: 2631-2636 and 2650 Regards R. Linda!
FOREXCOM:XAUUSDShort
by RLinda
14
PNUTUSDT → Double bottom. One step away from a rally BINANCE:PNUTUSDT.P accumulates good potential for possible growth by 30-50%. After a strong fall (Dump), a reversal pattern appears on the chart. Against the background of bitcoin standing still, pnut forms a double bottom and enters the rally phase. There is resistance at 0.75 ahead. If the coin can break this zone and keep the defense above the level, the coin can fly to 1.0 in the short to medium term. Resistance levels: 0.75, 1.0 Support levels: 0.6 If the bulls can overcome the strong resistance of 0.75 and can consolidate above this area, we have a great coin with good upside potential. Primary target is 1.0, next targets are 1.15, 1.35. Regards R. Linda!
Long
by RLinda
5
GOLD → Consolidation after the fall. Trading inside the rangeFX:XAUUSD is forming consolidation in a new bearish plane after a strong fall on Wednesday. The emphasis is on 2622 - 2581. The fundamental background is negative and technically the price is testing the lows. On Wednesday, the Fed adopted a more conservative approach to monetary policy, laying down only 2 rate cuts in 2025, which generally had a negative impact on the whole market except for the dollar, which is breaking through local highs. Today traders await the release of the PCE, which is the Fed's preferred measure of inflation. Any surprise in the PCE data or an escalation of political uncertainty could push metal prices up. From a technical point of view, the gold market remains in the previously mentioned consolidation, and prices fluctuate in wide ranges, which is generally logical for the end of the calendar year: reduced liquidity and increased volatility... Resistance levels: 2616, 2622 Support levels: 2589, 2581, 2560 Since the price is inside the consolidation, it is worth considering trading from the boundaries of this range. In the long term, I expect a retest of the key resistance 2616-2622 in the form of a false breakdown and a fall towards local lows Regards R. Linda!
FX:XAUUSDShort
by RLinda
6
GBPUSD → One step away from breaking support and falling awayFX:GBPUSD is facing difficulties. Negative fundamental background, strong dollar and price entry into the selling zone gives a bunch of preconditions hinting at the continuation of the fall Yesterday the UK GDP came out, which remained at the same level, there is no driver for GBP at the moment, but there is for USD, which is growing after interest rate cuts, but the growth is not because of this, but because of hints of stopping the cycle of further rate cuts and the change of officials' mood to hawkish, which in general, against the background of Trump's policy indicates medium-term potential. Technically, the currency pair is testing the risk zone, a false breakout will form a rebound reaction and I think it will be a short-term reaction. Resistance levels: 1.257, 1.2597, 1.2665 Support levels: 1.2488, 1.245 After the false breakdown, the currency pair may test the local resistance. But retest of the support within 1-3 days will play an important role. Formation of a pre-breakout base at 1.2488 will strengthen the potential for further decline With Respect R. Linda!
Short
by RLinda
2
GOLD → Interest rates are down, but why is gold falling?FX:XAUUSD falls to 2581. Yesterday's news had a negative impact on the market and it's not about rate cuts. Technically the price confirms the bearish nature of the market. The main reason for the decline in gold prices is the Federal Reserve's caution about lowering interest rates amid the latest economic data. The US central bank lowered the interest rate by 0.25% to the range of 4.25%-4.50% as expected, but for the next year it forecasts 2 rate cuts, which is much less than expected. The Fed's hawkishness has played its role: the dollar is rising, markets are falling. Today all eyes are on GDP and initial jobless claims. Technically, the price is out of the global channel, breaking the support, gold updates the low to 2581. Resistance levels: 2620, 2630, 2636 Support levels: 2616, 2612, 2603 After updating the low, a retest of the previously broken channel boundary and imbalance zones is formed. False breakdown of key resistance, for example 2620 or 2630 and subsequent consolidation of the price below these zones may lead to further decline. Regards R. Linda!
FX:XAUUSDShort
by RLinda
10
ETHEREUM → Consolidation after a bearish trend breakBINANCE:ETHUSD is consolidating within the flat boundaries of 4085 3530. In general, there is a bullish trend, the fundamental background is also favorable except for yesterday's news, which creates a small risk... The price is at a strong resistance between 4090 and 4100 and it will take a lot of energy to break this area. Yesterday's news was generally controversial but with a negative bias. Despite the decline in interest rates, there were strong hints of stopping the decline and taking a hawkish course. Bitcoin is giving a small correction against this backdrop, which is negative for altcoins. Ethereum technically did not break the bullish structure, a very strong support area of 3530 - 3440 is formed on the chart and with high probability a retest is possible, a liquidity grab with the aim of further growth. There are risks for further fall, they can be taken into account, but we can consider an attempt of growth as a priority. Resistance levels: 4086, 4100, 4372 Support levels: 3530, 3440, 3261 Since the price is inside the consolidation, our strategy is simple - trading from the channel boundaries. Accordingly, based on the current situation, we should consider a retest of support before further growth. Regards R. Linda!
Long
by RLinda
5
GOLD → Ahead is the Fed and the rate decision. What to do?FX:XAUUSD tested strong support on Tuesday at 2633 before traders moved into a buying phase, hoping a possible rate cut would support their intentions There is a 93% probability that the Fed may cut interest rates by 0.25%. But the thing to pay attention to here is the general backdrop - the Fed's stance. Hawkish hints about 2025 could have a much bigger impact than a rate cut, which is partially already factored in by the market. Any hint of fewer rate cuts next year could be a growth driver for the dollar. Powell's comments play an important role in assessing the situation for next year against the backdrop of Trump's policies Downside risks for gold are quite high due to the controversial situation in favor of the Fed's hawkish stance. Technically, the emphasis is on the local channel. A price exit beyond 2658 or 2633 will be accompanied by a strong impulse. Resistance levels: 2658, 2675 Support levels: 2645, 2633, 2620 The situation is very controversial and complicated, that's why several directions relative to the key zones are indicated on the chart. Everything depends not only on the actual rate numbers, but also on the Fed comments, namely we are interested in the tone and stance for next year. Recommendation - skip trading before the event and wait until volatility decreases to be able to adequately perceive the market position Regards R. Linda!
FX:XAUUSDShort
by RLinda
11
USDJPY → Consolidation of price in the sell zoneFX:USDJPY reaches a strong resistance at 153.87 within an uptrend. Will this direction continue, as the Fed rate meeting is ahead.... Fundamentally, today is a big day for the markets. At 19:00 GMT the Fed rate meeting, where with a 93% probability the decision to cut interest rates by 0.25% will be made, which will make the dollar less attractive, but for how long, given Trump's policy? Accordingly, the dollar is in a consolidation phase, traders are waiting. If the dollar starts a downward correction, it will affect the currency pair accordingly. But I do not exclude that on the background of high volatility the price may form a retest of resistance and a false breakout. Resistance levels: 154.95, 156.75 Support levels: 151.44, 159.69 At the moment, after the retest of 0.79 fibo and the key resistance at 153.877, the price is consolidating in the selling zone. The fundamental background may increase the pressure, which may lead to a fall. Regards R. Linda!
Short
by RLinda
5
XRP → Flag on the back of a strong rally. Going higher?BINANCE:XRPUSD after a strong rally forms consolidation in the format of a flag. According to technical aspects it is a prerequisite for continuation of the main movement. The price is testing the resistance of the figure... There is not much left to the key point - ATH. After a strong bullish growth the coin has been consolidating for two weeks, in general, on the background of a strong bull market this may be enough. Now we should wait until the price leaves the channel and the bulls keep the defense above the key zones, for example 2.658. In general, the potential of the project is quite positive, a lot of problems have been solved recently, which put enormous pressure on Ripple. Resistance levels: 2.6585, 2.8724, 3.063 Support levels: 2.473, 2.20 The coin is accumulating pre-breakout potential in the upper part of the local channel, which generally indicates which way the price is going to go. Breaking through resistance and consolidation of the price above 2.6585 will be a good confirmation of readiness for growth. Regards R. Linda!
BINANCE:XRPUSDLong
by RLinda
15
PEPSI to $182 - Up to 14% ROI PossibleNASDAQ:PEP stock is currently trading at a discount to its fair value. That's why traders and investors should have a look at this bluechip, especially given its low beta statistic. Of course, macroeconomic uncertainties, such as the University of Michigan's latest consumer sentiment survey (which projects inflation to rise to 2.90% from 2.60% next year), could have an impact on consumer spending, which could squeeze margins. Nevertheless, given the undervaluation, Pepsi has a safety net for things like that under current circumstances. When looking at the technical analysis we can se a big support zone at $158, where we are currently residing. The stock bounced multiple times from this zone in the past and could certainly do so again. Given the double bottom we have a good opportunity to get in the trade right now. Target one would be the descending trend line at $172 and target two would be the resistance zone at $183. That would give us a ROI of up to 14.24% in total. Closing below $156 on the daily would invalidate the trading idea. Target Zones $172.00 $183.00 Support Zones $156.00
NASDAQ:PEPLong
by LGNDRY-Capital
1
GOLD → Correction before a possible fall FX:XAUUSD is moving into the correction phase amid last week's economic data. The price is returning to the channel and in general confirms the bearish character on the market. Markets are ready for a 0.25% interest rate cut, but traders are waiting for hints on the Fed's stance: whether the Fed will continue to cut rates, go into a wait-and-see mode, or hint at a rate hike based on last week's economic data. Traders are eagerly awaiting the Fed's decision, which will be announced on December 18. The gold price is also receiving support from renewed tensions in the Middle East and political turmoil in South Korea. Technically, after the false breakout of 2721 a deep correction is forging, which generally develops into a localized downtrend. The price is approaching the panic zone 2615-2600. At the Asian session a correction is forming and it is worth paying attention to the key resistance zones Resistance levels: 2667, 2675, 2685 Support levels: 2646, 2633 The price is heading towards the imbalance zone within the correction. A quick approach and retest of resistance could trigger a rebound. Traders may enter the phase of profit taking before strong news Regards R. Linda!
FX:XAUUSDShort
by RLinda
4
EURUSD → Consolidation before Fed Interest Rate DecisionFX:EURUSD is in a consolidation phase, as is the dollar index. The outcome could be decided this week. Traders are waiting for the FED meeting on US interest rates Globally the trend is neutral, but the price is consolidating near the key support that has been holding the market for two years. Aggressive interest rate cuts in Europe are putting overall negative pressure on the currency pair. The dollar may go into a downward correction if the decision to cut interest rates is made on December 17-18. But any hint of hawkish policy on the part of the Fed may strengthen the dollar, which will intensify the decline in EURUSD Resistance levels: 1.0607, 1.065 Support levels: 1.045, 1.033 Based on interest, amid the downtrend, the price has not yet reached the key liquidity zone. Before important news, the market may reach 1.0607. But based on the technical and fundamental background, the fall may continue, and a breakdown of 1.0448 will strengthen this fall. Regards R. Linda!
Short
by RLinda
2
BITCOIN → Consolidation before the breakout. When do we go up?BINANCE:BTCUSD continues to consolidate, but within a strong bullish structure. The price is approaching the trigger, the breakout of which may provoke the formation of an upward impulse Globally, the coin is still in the phase of realizing a global " cup and handle ", which I reminded one of the first back in August: A good signal that hints that the growth is likely to continue is the fact that after a strong growth and testing 100K the price does not fall, but consolidates with gradually rising local lows, it is also worth paying attention to MA-50, which acts as a strong support. Within this consolidation we have clear zones, within which the price is trading and accumulating potential, and there is also a clear trigger, the breakout of which can provoke the continuation of growth (distribution). But next week is the Fed meeting on December 17-18, and there may be short-term market manipulative reactions. Be careful Resistance levels: 101.8K, 104.1K Support levels: 98.9K, 94.15K Technically, the focus is on 101.8 - 98.9. Consolidation is forming inside this channel. I do not exclude a chance of support retest in the format of a false breakdown before further growth. Another deep correction to the lower liquidity zone - 94.1K is also possible. But until the price breaks 101.8, bitcoin will not go up, and based on the chart, the event is close and the chance is high Rate, share your opinion and questions, let's discuss what's going on with ★ BINANCE:BTCUSDT ;) Regards R. Linda!
Long
by RLinda
33
HelenP. I Euro can reach trend line, break it, and continue riseHi folks today I'm prepared for you Euro analytics. Some time ago price traded between resistance 2, which coincided with the resistance zone, and then rose until to trend line, making a first gap. After this, EUR turned around and dropped below resistance 2, breaking it and then made a retest, after which dropped to resistance 1, which coincided with one more resistance zone. Next, the price broke this level and started to trades inside consolidation, where it soon fell to the support level, which coincided with the support zone and even made a movement down to 1.0330 points. Then in a short time, the EUR backed up to consolidation, making a second gap, and then rose to the trend line inside the range. After this movement, the price turned around and declined to the support level, where trades are near now. In my mind, EURUSD will rise to the trend line, and then make little correction movement. Then price can break this line and continue to move up to the 1.0630 resistance level. If you like my analytics you may support me with your like/comment ❤️
Long
by FirstNameHelen
3
HelenP. I Bitcoin can enter to resistance zone and then dropHi folks today I'm prepared for you Bitcoin analytics. A few moments ago, the price rebounded from the trend line and started to grow to the support level, and when the price reached this level it some time traded in the support zone. Later BTC broke the 90500 level and started to trades inside consolidation, where it little more time traded near the support level and then rebounded up to the resistance level. After this, the price rebounded from that level, which coincided with the top part of the range with the resistance zone, and made a correction to the support level. Then, BTC bounced from the support level and soon backed up to almost the 99500 resistance level. Next, the price repeated movement and later broke the resistance level, exiting from consolidation and even rising higher than the resistance zone. But soon, the price turned around and dropped to the trend line, breaking the resistance level one more time, after which at once rose back to this level. Now, the price continues to trades very close to the resistance level, so, I expect that BTCUSDT will enter to resistance zone and then drop to the trend line. That's why I set my goal at 94700 points, which coincides with this line. If you like my analytics you may support me with your like/comment ❤️
Short
by FirstNameHelen
12
BTC → Consolidation Before The Breakout When Do We Go Up?BINANCE:BNBUSDT continues to consolidate, but within a strong bullish structure. The price is approaching the trigger, the breakout of which may provoke the formation of an upward impulse A good signal that hints that the growth is likely to continue is the fact that after a strong growth and testing 100K the price does not fall, but consolidates with gradually rising local lows, it is also worth paying attention to MA-50, which acts as a strong support. Within this consolidation we have clear zones, within which the price is trading and accumulating potential, and there is also a clear trigger, the breakout of which can provoke the continuation of growth (distribution). But next week is the Fed meeting on December 17-18, and there may be short-term market manipulative reactions. Be careful Resistance levels: 101.8K, 104.1K Support levels: 98.9K, 94.15K Technically, the focus is on 101.8 - 98.9. Consolidation is forming inside this channel. I do not exclude a chance of support retest in the format of a false breakdown before further growth. Another deep correction to the lower liquidity zone - 94.1K is also possible. But until the price breaks 101.8, bitcoin will not go up, and based on the chart, the event is close and the chance is high
by MarketAnalyzar
GOLD → False Breakout And Negative Fundamental BackgroundBINANCE:BTCUSD is correcting after a false breakout of resistance. This is also supported by negative fundamentals. Will there be a pullback or will the decline continue? Optimism over China's economic stimulus is waning amid growing fears of a trade war between the US and China. Expectations of a hawkish Fed interest rate next week helped boost the US dollar, leading to a corrective decline in the gold price.Markets now believe the Fed may send a hawkish signal by signaling a pause in January after PPI came in higher than expected Technically gold is still inside the channel, consolidation continues. Focus on 2658-2660 support, below which there is a huge pool of liquidity that may not let the price down on the first try Resistance levels: 2675, 2682, 2699 Support levels: 2658, 2636 From the support 2658 may form a correction from which will depend on the further development of events: if the correction will be small and the price will quickly return to 2658, it will increase the chances of support breakout and further fall, for example, to 2636. But, if gold can consolidate above 2682 and consolidate above the local high, the price may head for a retest of the high
FX:XAUUSD
by MarketAnalyzar