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BITCOIN - Price can little correct and then make impulse upHi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 Recently price broke through the $79500 zone after a long phase of flat consolidation and sharp shakeout. Once bulls reclaimed control, price formed a clean breakout and started building structure inside a wedge. Momentum carried the price upward, with buyers defending each local dip and creating a stair-step rise. Now BTC is moving steadily inside the wedge pattern, holding the lower trendline with no strong rejection. Price is slowly grinding toward the key resistance around $88500, where volatility might return. If this tempo holds, I expect BTC can grow higher and tag the $91000 points in the next impulsive leg. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
16
GOLD → Recovery after the FB of 0.5 fibo. What's next?FX:XAUUSD on Thursday tests 0.5 fibo, which I outlined to you on April 17, forms a false breakdown and recovers amid unstable geopolitical relations in the world. Price may continue its northward run. The dollar continues to fall. The fundamental background depends on the relationship between the US and China as well as economic data especially after Powell's speech. The weekly session closes close to support, the decline may continue. Gold after the shakeout is heading back north. Based on the fundamental background, the price may continue to rise. There are three days of downtime ahead as traders rest. Fundamentally, anything can happen over the weekend, however, technically, the emphasis is on intermediate levels. The trend is still strong and bullish Resistance levels: 3332, 3344, 3357 Support levels: 3313, 3288, 3284 If nothing supernatural happens over the weekend, gold in the Asian session may bounce off the nearest resistance and test trend support before continuing the uptrend. If there are any critical changes in the mood of countries/politicians then I will update the situation Regards R. Linda!
FX:XAUUSDLong
by RLinda
14
NEIROUSDT → Countertrend momentum. Is the reversal close?BINANCE:NEIROUSDT.P is one of not many coins that is growing. But the only disadvantage is that the coin is at the bottom. Most likely it is forming a set of liquidity before continuing to fall. NEIRO is strengthening and heading towards the resistance of the range while bitcoin continues its correction. Strong resistance and liquidity zone at 0.187 is ahead. Strong gains could be stopped by a false breakout and reversal Just because a coin is at the bottom doesn't mean it has nowhere to fall. Yes, there is. At the moment the price is in the range on the background of a strong downtrend, within which the price does not show signs of life. The previous buyback ended with a strong sell-off. Resistance levels: 0.000187, 0.0002045. Support levels: 0.000169, 0.000154 In the short term, we should expect a false breakout, reversal and price drop to the support of the range. I do not rule out a prolonged struggle in the resistance zone, within which the price may go higher and test the 0.00020 liquidity zone before continuing to fall, within which it may renew the bottom. Regards R. Linda!
Short
by RLinda
4
GOLD - Price can decline to support area and then start to growHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 Some time ago price traded inside a flat pattern, where it moved between support and resistance levels. Then gold made fake breakout to the downside, but soon returned back and started to grow strongly. It broke the upper line of the flat and entered a rising channel, forming a steady bullish movement. Later price touched $3160 resistance and bounced down, making correction to $3070 support area. Now gold trades inside rising channel and near $3070 level, showing signs of slowing the decline. In my opinion, gold can bounce from support and reach $3160 resistance as the next upward target. If this post is useful to you, you can support me with like/boost and advice in comments❤️
OLong
by WalterMoon
5
ALCHUSDT → Rally to the liquidity zone. False breakout?BINANCE:ALCHUSDT.P is one of not many coins that looks strong amid the bearish cryptocurrency market. But how long will this energy last? There is strong resistance ahead.... A local pre-breakdown consolidation relative to the intraday level is forming. In general, this is the state of the market, ready to continue its growth within the distribution. Thus, the breakout of 0.1590 resistance will provoke the continuation of growth up to the liquidity zone at 0.177. But already at 0.177, due to the fact that it is an important and strong intermediate resistance level, we should expect a false breakout and a pullback, for example, to 0.159 or 0.5 fibo. Resistance levels: 0.159, 0.177, 0.23 Support levels: 0.1516, 0.5 fibo The distribution is already 53% since the breakout of the consolidation resistance. By the time the resistance is approached, it will be 77% and the market may use up all the accumulated potential, so liquidity above 0.177 is likely to stop the upward rally and turn the coin down. Regards R. Linda!
Short
by RLinda
5
EURO - Price can drop to $1.1200 points, exiting from pennantHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Recently price traded inside a flat structure with weak movement and low volatility in a tight range. Then the Euro made a breakout and formed a strong impulse, reaching resistance and creating a new local high. After that, price entered a pennant and made a short correction, but then continued rising with momentum. Later, it touched resistance again and started forming a triangle pattern with a tightening structure. Now price is near the upper boundary of the triangle and trades above $1.1135 support without a clear breakout. In my opinion, Euro can reverse from resistance and decline to $1.1200 in the next move, thereby exiting from pennant. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Short
by WalterMoon
9
GOLD → Correction to support. What's next?FX:XAUUSD updates a new high to 3357. A correction is forming after Powell's speech. On the background of the bullish trend it is worth looking for stronger support levels Gold halted gains at $3,358 as traders take profits and assess the implications of Trump's tariff policy.Gold's gains on the week were driven by the escalating trade war between the US and China, fears of a US recession and a flight from risk assets. However, cautious rhetoric from Fed chief Powell and positive signals from trade talks with Japan temporarily curbed further gains in gold. But the level of risks and possible escalation of the conflict is still at a high level. It is too early to talk about the trend change. At the moment the correction to liquidity zones is forming on the background of the bullish trend. The focus is on 3296, 0.5 fibo. The price may bounce from these levels. Resistance levels: 3344, 3457 Support levels: 3320, 3296, 3275 The correction after Powell's speech may be quickly exhausted if the politicians from China and the US fuel the conflict. But any hints of negotiations and tariff cuts could be taken very positively by the market, which could lead to a reversal of the local trend. Regards R. Linda!
FX:XAUUSDLong
by RLinda
16
SOLANA → Pre-breakout consolidation relative to 136.00BINANCE:SOLUSDT relative to the range support forms a false breakdown. The market reacts quite positively and the price recovers, forming a consolidation in front of strong resistance Bitcoin is also in consolidation, as well as SOL, in general the movements coincide, but lately bitcoin is leading relative to the stock market. SOL is in consolidation in front of a strong resistance level at 136.00. The primary test may end with a small correction to 0.5 fibo, or consolidation near the level, but a breakout and price consolidation above the current consolidation will be a positive signal for continued growth. The global trend reversal is out of the question, we are aiming at local targets, such as 140, 147, 152. Resistance levels: 147,152 Support levels: 129, 123, 111 In general, the global market situation is bearish, the local situation is neutral as the price is in a sideways range. A false breakdown was formed against the support of the current range. Technically, due to liquidity imbalance (after the false breakdown) the price may head towards such zones as 147 - 152 Regards R. Linda!
Long
by RLinda
15
GOLD → Consolidation before the news. What to expect?FX:XAUUSD is not going to turn around. The level of economic risks is still at a high level and the price may continue to rise, but after the end of consolidation. Gold is back to a record $3,246 despite calm markets. Lower US bond yields and a pause in capital withdrawals are supporting demand for protective assets. Uncertainty around Trump's tariff policy and expectations of a Fed rate cut are driving prices higher. Additional support is provided by inflows into Chinese ETFs and expectations of Chinese GDP data. Further gold movement depends on headlines on tariffs and Fed rhetoric. Technically, the focus is on consolidation 3244 - 3187 and internal support level 3208. Resistance levels: 3244, 3270 Support levels: 3208, 3187 The market is likely to be in consolidation until tomorrow, when important economic reports will be published. But nevertheless, there could be strong movements intraday due to various factors. I expect to see a retest of support at 3208 or 3187 before further upside. But, consolidation near 3244, breakout and consolidation above the level may give a chance for growth Regards R. Linda!
FX:XAUUSDLong
by RLinda
8
GOLD → Countertrend correction. What to do in this case?FX:XAUUSD , after a bull run, bumps into strong limit resistance at 3244 and enters a correction phase, which is generally a logical maneuver amid strong gains. Gold corrects from Friday's record $3,245 and moves back to $3,200 amid improving market sentiment and progress in trade talks. The price pared gains after a strong weekly rally, reacting to U.S. concessions on tariffs on Chinese electronics and China's pledges to boost economic stimulus. Additional influences come from the dialog between the US and Iran, as well as the anticipation of China's GDP and trade data for March. Despite the pullback, downside may be limited due to ongoing uncertainty. Technically, it is worth looking at the 3187 - 3167 conglomerate of support, which can stop (temporarily or even turn the price upward) a strong and sharp decline, as the fundamental backdrop within the tariff war is still tense. Resistance levels: 3244, 3270 Support levels: 3187, 3174, 3167 The rally is temporarily halted, but there is no talk of a trend reversal, as the tariff war fire is still burning, Trump or Xi Jinping may add to the fire.... Within the framework of counter-trend correction, the emphasis is on the support of 3187, 3174, 3167 from which we can trade a false breakdown and catch the price rebound. Regards R. Linda!
FX:XAUUSDLong
by RLinda
15
NZDJPY → Back in range, there's a chance to strengthenFX:NZDJPY is forming a false break of the range support and within the reversal pattern confirms the break of the bearish structure The fundamental background has been extremely unstable lately and depends on any harsh statements of politicians, mainly related to the trade war. But, technically, the pair is returning to the range on the background of local market recovery. A false breakdown of the range support is formed. The break of the bearish structure, the formation of the reversal pattern and the return to the trading range give chances for strengthening of the price. If the bulls hold the defense above 83.7 - 84.2, the currency pair may strengthen to 85.15 - 87.4 Resistance levels: 84.196, 86.15 Support levels: 83.79, 83.31, 82.21 Consolidation above the key support zone may allow the bulls to strengthen the price to the local zone of interest. Global trend is neutral, local trend is upward. Regards R. Linda!
Long
by RLinda
2
GOLD → Price is consolidating, but to what end? Growth?FX:XAUUSD continues on its way as part of a strong rally. Price is testing strong resistance and there is a good chance of a new high as the trade war escalation intensifies. Against the backdrop of the bull run, there is no need to think about selling! Gold is trading near all-time highs above $3,200 on Friday, posting a weekly gain of about 5.5%. Rising prices are fueled by concerns over U.S. financial stability and the possible resignation of the Fed chief, adding to pressure on the dollar. Expectations of recession and Fed rate cuts are increasing amid escalating trade war with China, after the US imposed tariffs of 145% and Beijing retaliated - China raised tariffs to 125%. Inflation in March came in below expectations, reinforcing forecasts for a rate cut. Focus is on further trade talks and China's response Resistance levels: 3219.5 Support levels: 3197, 3187, 3167 Emphasis on the local range: 3219 - 3187. Breakdown and price consolidation above the resistance will provoke rally continuation. But I do not rule out a correction to accumulate energy before the continuation of growth. In this case gold may test 3197 (0.7f), or support of 3187 range. But we should be aware of the fact of unpredictability: If the US and China sit down for negotiations, the situation may change dramatically. Regards R. Linda!
FX:XAUUSDLong
by RLinda
10
GOLD → Global economic risk indicator consolidates ahead of CPIFX:XAUUSD , rather quickly changes the market structure to bullish and continues its aggressive rally. The economic risk indicator is working perfectly. Technically, the focus is on the range 3135 - 3099 Gold is consolidating around $3,100 in anticipation of US inflation data. The escalating trade war between the US and China keeps demand for defensive assets alive despite the pause in price gains. Trump imposed 125% tariffs on Chinese goods and China retaliated with duties of 84% on U.S. imports. Increased tariff tensions are raising recession expectations and encouraging bets on a Fed interest rate cut, which supports gold. However, a rise in March CPI inflation (expected 2.6% y/y) could trigger a downward correction, although the impact could be short-lived - tariff news remains the main driver Technically, the price failed to reach the 3135 liquidity zone and reversed, which attracted the crowd willing to sell (deceptive maneuver). But, after correction the price may return to the target quite quickly Resistance levels: 3135, 3167 Support levels: 3100, 3090, 3077 Emphasis on the range boundaries, possible retest of 3100-3090- 3075 before continuation of growth. On the news or before the opening of the American session there may be a long squeeze before the continuation of growth. Regards R. Linda!
FX:XAUUSDLong
by RLinda
10
USDCAD → Weak dollar provokes continuation of downtrendFX:USDCAD under the pressure of a weak dollar and downtrend may renew its lows. The fundamental background for the dollar is weak, the market reacts accordingly. The dollar continues to fall - a reaction to the tariff war. Besides, additional pressure is created by the issue of interest rates reduction. The currency pair is under the pressure of the downtrend. After a false resistance breakout, the price is consolidating in the selling zone. The trend change is confirmed by the cascade of resistances. Emphasis on the local range 1.4245 - 1.42018. The price exit from the consolidation will provoke the continuation of the fall Resistance levels: 1.4245, trend boundary Support levels: 1.4202, 1.415 Possible retest of resistance before further decline. But the price exit from the current range and consolidation of the price below 1.4202 - 1.4205 will provoke the growth of sales and further fall to 1.405 (zone of interest). Regards R. Linda!
Short
by RLinda
6
GOLD → Rising economic risks could push the price upwardFX:XAUUSD closed inside the range 2970 - 3060 and has all chances to strengthen as the situation between the USA and China is only getting hotter, which creates additional risks. Gold continues to rally from its recent low of $2,957, back above the $3,000 level amid a weaker dollar and a pause in rising US bond yields. The market is reacting to escalating trade tensions between the US and China, including the threat of new 50% tariffs and possible countermeasures by Beijing. Strengthening expectations of Fed rate cuts and recovering risk appetite also support gold's growth, but the instability of global trade policy keeps investors uncertain. At the moment the price is testing resistance at 3013 and after a small correction the assault may continue, and a break and consolidation above 3013 will open the way to 3033 - 3057. Resistance levels: 3013, 3033, 3057 Support levels: 2996, 2981 The trade war and the complex, politician-dependent fundamental backdrop allows us to strategize relative to economic risk. Technically, we are pushing off the strong levels I have outlined for you. The overall situation hints that China will not just give up and Trump will not lose face. An escalation of the conflict could send gold higher. The price may strengthen from 0.5 fibo, or from 3013 Regards R. Linda!
FX:XAUUSDLong
by RLinda
17
ADAUSDT → Correction to the liquidity zone before the fall ↓BINANCE:ADAUSDT is in a bear market, under pressure. An exit from consolidation and a pullback with the aim of retesting the resistance (liquidity zone) before further decline is formed The fundamental background for cryptocurrencies is extremely negative. Bitcoin on yesterday's manipulation related to the 90-day tariff break, which was later denied by the White House began to form “helicopters” and high volatility. As the market calms down, the price returns to the selling zone, which creates pressure for Cardano as well. Technically, a false breakdown of 0.5 fibo is formed and the price is consolidating near the local support at 0.5800. The breakdown and consolidation of the price below 0.58 will provoke the continuation of the fall. A retest of the previously broken consolidation support at 0.6300 is possible. Resistance levels: 0.63, 0.6661 Support levels: 0.581, 0.5092, 0.4564 The market structure is exclusively bearish. A False breakout of resistance or breakdown of 0.581 will provoke a further fall, but the level of 0.5092, if broken, will finally drive the coin into the zone of emptiness, which may lead the price to fall to 0.45- 0.42. Regards R. Linda!
Short
by RLinda
4
XRPUSDT → The bulls won't hold support. Falling to 1.9BINANCE:XRPUSDT is under pressure despite quite positive news. The coin, being in a downtrend, continues to test the key support. The chance of a breakdown is growing XRP continues to test a strong support zone on the weekly timeframe, relative to this zone, in the medium term, two scenarios can develop, which depend on the general mood in the market. If the current backdrop persists, the chance of a downside breakdown and further decline is quite high. At the moment, the focus is on the key support at 2.0637, relative to which the retests continue, and the reaction is getting weaker and weaker, which in general only increases the chances of a further fall to 1.9 - 1.63. Resistance levels: 2.265, 2.365, 2.509 Support levels: 2.0637, 1.9 The cryptocurrency market is going through bad times (Tariff War, high inflation, stock market decline, disappointment of the crypto community due to expectations) and until the situation starts to change, the technical picture will remain negative. XRP may continue its fall after a small correction. Regards R. Linda!
Short
by RLinda
23
CADJPY → Consolidation before the news. DowntrendFX:CADJPY continues to forge a downtrend, but within the current movement a symmetrical triangle of accumulative nature is forming The currency pair may continue its decline due to the strengthening of the Japanese Yen, while the Canadian is consolidating in a narrow range. The situation may be accelerated by today's news, namely Trump's speech, where he may announce new tariff measures. Technically, the price is correcting after the false break of 103.56, being below the previously broken upside support. Price is testing key resistance at 104.90, and against 0.5 Fibo is forming a false breakout. A consolidation below 104.69, a break of 104.525 could trigger further decline. Resistance levels: 104.900, 105.36, 105.74 Support levels: 104.525, 103.56 There are important news ahead, high volatility is possible, especially at the moment of Trump's speech, which may set a medium-term tone in the market. The currency pair is in consolidation on the background of the downtrend and the priority is to expect a continuation of the fall Regards R. Linda!
Short
by RLinda
2
EOSUSDT → False Breakeout of resistance (counter-trend )BINANCE:EOSUSDT.P within the consolidation distribution 0.54 - 0.6 reaches the key resistance and forms a false breakdown without the possibility of continued growth. The cryptocurrency market is showing weakness, especially after yesterday's Trump speech and the approval of new Tariffs, which creates risks and pressure on the cryptocurrency market. Bitcoin is back in the red zone after rallying, while altcoins will continue to look for a new bottom. EOS stands out in this list, which strengthened quite strongly and the purpose of this maneuver was countertrend accumulation and liquidity capture relative to the range of 0.7 - 0.8. The distribution is tempered by a false breakout of the level 0.82 - 0.86 Resistance levels: 0.82, 0.86 Support levels: 0.793, 0.666 If the bears hold the resistance 0.82 - 0.86 and the consolidation under the level will end with the breakout of the trigger 0.793 and price consolidation in the selling zone, it may provoke a reversal and fall to the zones of interest: fvg, 0.64, 0.541. Regards R. Linda!
Short
by RLinda
2
GBPUSD → False break of weekly support + DXY fallFX:GBPUSD is going through a shakeout phase relative to the trading range. Last week was very challenging in terms of unpredictable moves and volatility. A strong NFP report on Friday allowed the dollar to strengthen, but the reaction from the opening of the new trading week has already exhausted itself as traders are still watching the tariff war, which simply crashed the stock, futures markets. Technically, the currency pair on this background can win out, as the pound sterling within the ascending trend, the fall of the dollar can continue the growth phase. On the chart, the price forms a false breakdown of the support conglomerate, which in general may push the price up due to the imbalance of liquidity and interests of money moving away from the dollar Resistance levels: 1.2932, 1.3010 Support levels: 1.2828, 1.2811 If the bulls will keep the price above 1.2868 and will be able to consolidate above 1.2932, in the short term the market can show growth up to the next target - resistance 1.3010. Regards R. Linda!
Long
by RLinda
2
BITCOIN - Price can correct to support area and rise to $86000Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 Some days ago, the price moved inside rising channel and then made breakout, reaching upper resistance area. After that, Bitcoin dropped sharply and entered a flat pattern between support and resistance boundaries. It tested $82300 support level several times, bouncing from this zone without a clear downward breakout. Recently, the price again touched the support area between $82300 and $81500 and bounced from this demand zone. Now BTC trades near the middle of the flat and shows signs of strength after holding a support area. In my opinion, Bitcoin can rise from current range and reach $86000 resistance level in the next move. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
11
GOLD → It all depends on NFP and Powell....FX:XAUUSD got shaken by 600 pips on both sides. Technically, after such a move the price may go into consolidation, but the near-term outlook will depend on NFP and Powell. Gold hit a high of 3168 and went into correction. President Trump's imposed duties on imports from China (up to 54%) and other countries caused a sharp drop in the dollar and bond yields, reinforcing expectations of a Fed rate cut. Traders turned to profit-taking, which led to a correction. Now the market is waiting for the NFP report and Powell's speech. Weak data may return the upward momentum to gold, especially if the dovish rate expectations are confirmed. However, volatility may persist after the publication, given the impact of Friday's flows and Powell's speech Resistance levels: 3107, 3116, 3135 Support levels: 3086, 3067, 3055 Technically, it is difficult to determine a clear place from where to expect a move as there is news ahead (NFP, Powell's speech). But based on the falling dollar and high economic risks, we can bet on the continuation of the price growth from one of the mentioned support levels: 3086, 3067, 3055. Exit from the channel and consolidation of the price above 3110 - 3116 will again attract increased interest in buying Regards R. Linda!
FX:XAUUSDLong
by RLinda
26
EURGBP → False break of liquidity zone (resistance)FX:EURGBP within the distribution (news background) tests resistance 0.84616 and liquidity zone, but without the possibility of continued growth the price forms a false breakout The dollar index falls amid Trump's introduction of new tariffs, which generally provokes a rally in the whole market. But before NFP, the market shifts to profit-taking because of the growing risks. There are quite important news ahead, which may provoke high volatility. Technically, after a strong move, the currency pair forms a false resistance breakout and consolidates in the selling zone. If the bears keep the price below 0.84616, in the short term we should wait for a correction to 0.5 fibo or to the fvg zone. Resistance levels: 0.84600 Support levels: 0.8427, 0.8396 The situation is quite complicated due to unstable background, but technically we have a classic situation with a false breakout of strong resistance, and as we know, according to statistics, the strongest movements start after it (in relation to the trade of level breakout). Regards R. Linda!
Short
by RLinda
7