Silver Wave Analysis – 2 April 2025- Silver reversed from the support area
- Likely to rise to the resistance level 34.50
Silver recently reversed up from the support zone between the support level 33.50 (former monthly high from February), 20-day moving average, support trendline from February and the 50% Fibonacci correction of the upward impulse from March.
The upward reversal from this support area continues the active impulse waves iii, 3 and (C) – inside which Silver has been moving since December.
Given the strong daily uptrend, Silver can be expected to rise to the next resistance level 34.50 (the former monthly high from last month).
Fibonacci
SOL - Breakout Retest & FVG Target This 4-hour SOL/USDT chart shows a breakout retest at a key support level, with a potential move toward the Fair Value Gap (FVG).
Key Observations:
🔹 Breakout & Retest: Price has broken below the trendline and is now stabilizing near support.
🔹 FVG Target: A bullish reaction from this level could send SOL toward the FVG before further continuation.
🔹 Potential Bullish Structure: A strong bounce could lead to higher highs, while failure to hold may invalidate the setup.
Will SOL confirm this bullish scenario? Let’s watch how it reacts! 📈🔥
[ TimeLine ] Gold 4 April 2025Hello everyone,
📅 Today is Wednesday, April 2, 2025.
I will be using the high and low price levels formed on the following dates as key entry points for my trades:
📌 April 4, 2025 (Friday), or
📌 April 4 & April 7, 2025 (Friday & Monday).
Trading Plan:
✅ Wait for the price range from these candles to form (indicated by the green lines).
✅ Trade entry will be triggered if the price breaks out of this range , with a 60-pip buffer .
✅ If the price moves against the initial position and hits the stop loss (SL) , we will cut/switch the trade and double the position size to recover losses.
📉📈 Below is the chart with the estimated Hi-Lo range of April 4 & 7, 2025.
You can copy the unique code and add it to the TradingView URL .
🔗 TV/x/ikMJV8NH/
Bitcoin - Bulls Take Control: Short term rally to $86K?Bitcoin has once again reacted to the $81,000 support level, bouncing from this key demand zone and showing signs of bullish momentum. The price is currently moving upwards, and the next logical target appears to be the $85,500 – $86,000 zone, where a Fair Value Gap (FVG) and the Fibonacci golden pocket align. This area is expected to act as a significant resistance level, meaning we could see a rejection from there, leading to another move back toward support.
The plan is to monitor the price as it approaches $86,000, watching for signs of a reversal or continued strength. If a rejection occurs, Bitcoin could make its way back toward $81,000 or lower, providing another potential buying opportunity.
Bitcoin’s Reaction to $81,000 – A Strong Demand Zone
Bitcoin has consistently found support at $81,000, and this level once again played a crucial role in preventing further downside. This area has been tested multiple times, reinforcing its importance in the current price action. Each time the price has dropped to this level, buyers have stepped in aggressively, causing strong rejections to the upside.
The latest bounce from this support level suggests that there is still demand in the market, at least for now. The presence of long wicks at this level indicates that sellers attempted to push the price lower, but buyers quickly absorbed the selling pressure, resulting in a reversal. This move aligns with the broader market structure, which suggests that Bitcoin is still ranging between support at $81,000 and resistance near $86,000.
Short-Term Target: Fair Value Gap (FVG) & Golden Pocket at $86,000
Now that Bitcoin has rebounded from support, the next major area of interest is the Fair Value Gap (FVG) and the golden pocket retracement zone around $85,500 – $86,000. This level is important for several reasons.
First, the golden pocket (0.618 – 0.65 Fibonacci retracement) is a common area where price reversals occur, especially after a significant move. It acts as a magnet for price action, drawing the market toward it before a potential rejection.
Second, the Fair Value Gap (FVG) represents an imbalance in price, meaning Bitcoin could aim to "fill" this gap before making its next major move. Gaps like these often get revisited before the market decides on a new trend direction.
Finally, liquidity is likely concentrated above $85,000, meaning stop losses from short positions could be triggered in this zone, leading to increased volatility. If Bitcoin reaches this level, traders should closely monitor how price reacts. A strong rejection could signal a move back down, while a clean breakthrough could indicate further upside potential.
Potential Rejection and Move Back to Support
Despite the short-term bullish outlook, there is a high probability that Bitcoin will face resistance near $86,000, leading to a pullback. If this rejection occurs, the price could once again retest the $81,000 support level. This would keep Bitcoin within a broader trading range and present another opportunity for buyers to step in.
A failure to hold $81,000 on the next test could open the door for a deeper correction toward $78,000 – $76,000, where more buyers might be waiting. However, as long as Bitcoin remains above the $81,000 mark, the market structure remains relatively stable.
Final Thoughts
Bitcoin is currently in a short-term bullish phase, with price targeting the $86,000 resistance zone. However, traders should be cautious as this level aligns with key technical factors such as the golden pocket, Fair Value Gap, and potential liquidity grab. A rejection from this area could lead to another move back down to support.
For now, the key levels to watch are $86,000 for a potential rejection and $81,000 for a potential retest. If Bitcoin breaks through resistance convincingly, we could see a more extended rally, but until then, the market remains within a defined range.
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Thanks for your support!
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Apple May Have PeakedApple has tried to bounce recently, but some traders may think the tech giant has peaked.
The first pattern on today’s chart is the February low of $225.70. AAPL broke under the level on March 11 and has stayed there since. That may suggest old support is new resistance.
The stock has also remained below a 50 percent retracement of last month’s slide, which may confirm downward price action.
Third, the bounce in the last 2-3 weeks may be viewed as a potential bearish flag. Would a move under the line represent a breakdown?
Next, stochastics are nearing an overbought condition. A dip from here may suggest the recent strength is fading.
Finally, AAPL is one of the most active underliers in the options market. (Its average daily volume of 897,000 contracts in the last month ranks third in the S&P 500, according to TradeStation data.) That may help traders take positions with calls and puts.
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BTC - Rejection from Fair Value Gap (FVG) Incoming?This 4-hour BTC/USDT chart highlights a key resistance zone where Bitcoin is approaching a Fair Value Gap (FVG) near the 0.618-0.65 Fibonacci retracement level.
Key Observations:
🔹 FVG Resistance: Price is nearing an area of unfilled liquidity, a common reversal zone.
🔹 Potential Rejection: A move into the FVG could trigger sell orders, leading to a downturn.
🔹 Bearish Outlook: If resistance holds, BTC may resume its downward movement, possibly targeting lower support levels.
Will Bitcoin push through or face rejection? Let me know your thoughts! 🚀📉
ADA - Bearish Rejection from Fair Value Gap (FVG)?This 4-hour chart of ADA/USDT shows price making a strong recovery after a significant drop. However, it is now approaching a key resistance area—a Fair Value Gap (FVG) near the 0.618-0.65 Fibonacci retracement levels.
Here’s the potential setup:
🔹 FVG Resistance: Price is entering a liquidity zone where sellers might step in.
🔹 Possible Double Top Formation: A rejection at this level could lead to a bearish reversal, forming a distribution pattern before dropping.
🔹 Bearish Continuation? If the FVG acts as resistance, ADA could resume its downtrend, targeting lower support zones.
Will this resistance hold, or will ADA break through and continue higher? Drop your thoughts below! 🔥📉
cat in a dogs world #MEW price analysis🍿 Despite all the "trash" that has been happening on the crypto market lately and will continue at least today, someone decided to try their luck or has a clearly calculated plan!?)
1️⃣ Trading volumes of OKX:MEWUSDT are growing smoothly but steadily and now the price is at a critical point, so buying is dangerous.
2️⃣ But it is most likely worthwhile to “take a pencil” and monitor the future behavior of the $MEW price.
3️⃣ If the #MEW price manages to stay above $0.0030-0.0031 in the next few days, you can try buying with a growth prospect of x2 to 0.0056-0.0058.
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Reversal in Godrej Properties.On monthly Time frame, Godrej Properties is taking support at golden zone of Fibonacci retracement. Weekly closing above 2203 will the entry and closing below 1950 will be the SL. Expecting new high in coming months.
Please note: This a Monthly setup so it will be long term Investment. Will keep on adding quantity and weekly basis.