Ada strategic reserve idea Trump has single handedly turned Ada into a desirable digital asset, as he looks to add it to the U.S strategic reserve along side Bitcoin. Now if it actually happens I believe these fib levels and trend line are good targets. It's crazy how one man can turn vaporware into a desirable digital asset. All bets are off however if the strategic reserve does not get passed. Ada will most likely die then.
Fundamental Analysis
Gold Move to fresh multi-week lows below $2,840Gold stays under bearish pressure and trades at its lowest level in three weeks below $2,840.
Gold (XAU/USD) reversed its direction after touching a new record high on Monday and snapped an eight-week winning streak. The near-term technical outlook highlights a buildup of bearish momentum as markets keep a close eye on headlines surrounding the United States (US) President Donald Trump administration’s trade policy ahead of Friday’s highly-anticipated US employment report.
XRP Breakout Setup – Perfect Harmonic Pattern#XRP is setting up for a massive move!
✅ Harmonic Pattern in Play – Harmonic pattern is forming, signaling a potential reversal.
✅ Bullish Divergence – RSI/MACD is showing strength, indicating momentum shift.
✅ Key Resistance Level – A breakout above could trigger a strong rally.
Trading Plan:
Wait for a confirmed break and retest of the resistance.
Enter a long trade with stop-loss at 2.31 and target 2.6 to 2.7.
Risk Management: Using a 1:2 or higher risk-reward ratio.
Will #XRP break out or fake out? Drop your thoughts below!
AUD/CAD: Short-term Bearish Trend Remains IntactAUD/CAD: Short-term Bearish Trend Remains Intact
In our previous analysis, AUD/CAD showed a transformation and tested the resistance zone near the top again. Today, the price has confirmed another larger pattern, indicating a further price decline.
From a fundamental perspective, AUD/CAD was also supported by the fact that President Trump extended the Canada and Mexico tariff deadline to April 2. Tariffs were initially supposed to be applied on March 4. This extension provided short-term strength to the CAD.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
BULL LOOKS PRETTY OVERAfter we had the gap at 78k, it closed as expected, and we saw a significant bounce. However, the bounce brought the price exactly to the gap at 93k xD. By the time CME opens tonight, the current price will have Bitcoin at 93k, creating a new, fairly large gap that will need to be closed between 84-93k.
Brenker block or Order Block + Inducement = Profits EverywhereHello everyone, happy new week and a happy new month of March to you all !!!
First of, fundamentals are heavy on EURUSD this week, like really heavy. Coupled with the fact that this is non-farm payrolls week. (Fundamentals).
Secondly, there was a market Structure shift last week which is signaling shorts.
This setup overall has a stop loss of less than 35 pips from the breaker block but if you need a tighter Stop loss then you can use the other point of interest which is the order block i marked out.
Use proper risk and money management and do not over-leverage your account.
Most especially, do your own analysis !
BTC/USDT 1D chart reviewHello everyone, let's look at the 1D BTC chart for USDT, in this situation we can see how the price moves in the local channel of the downward tendu in which we currently see a strong reflection and a quick return price around the upper border of the channel. However, let's start by defining goals for the near future the price must face:
T1 = 94020 $
T2 = 97698 $
Т3 = 102865 $
T4 = 109520 $
Let's go to Stop-Loss now in case of further declines on the market:
SL1 = 91130 $
SL2 = 88503 $
SL3 = 84723 $
SL4 = 81673 $
Looking at the MacD indicator, you can see that despite S
Gold prices are said to be negative in the short termWorld gold prices recovered slightly amid a decline in the US dollar. At 9:45 a.m. on March 3, the US Dollar Index, which measures the greenback's fluctuations against six major currencies, stood at 107.130 points (down 0.4%).
Gold prices will continue to decrease. “There is no reason to think that this profit-taking correction will not last for a while longer. But we need to remember that so far gold has only fallen less than 4% from its peak, after rising 12% this year.”
The fundamentals that drove gold demand over the past two years remain intact, so any possible decline to as low as $2,600 an ounce would be short-lived.”
In addition to strong demand from central banks, I also expect capital flows into gold ETFs to increase as interest rates fall, making gold more attractive to investors.
“However, this factor may be somewhat affected by speculators reducing their net buying positions in the gold futures market. Currently, the net buying position remains very high as concerns about lingering tariffs from the administration of US President Donald Trump cause investors to seek safe haven assets such as gold."
XAU/USD - Gold Weekly Analysis(3rd. Mar. 2025 to 7th Mar. 2025)XAU/USD - Gold Weekly Analysis(3rd. Mar. 2025 to 7th Mar. 2025)
Weekly recap:
Even though Gold is MACRO bullish on the HTF. We did a fantastic job last week adapting to sells from ATHs, and back below 2930s. We anticipated we can at least retest into near demand zone around 2880s BUT we extended the bearish profit taking move printing an unexpected LL at 2840s. This is lining up with EOM and new business month prices setting up around the corner.
Reminder on Gold:
Even though Gold is MACRO bullish on the HTF, the asset class sees very large retracement / pullback as markets moves in waves. Keep in mind we are starting a new business month. We have to be careful where if Gold buyers do no reclaims price above 2880-2890 we can instead see extension of retracement into Trump trade Nov 2024 prices of 2750-2760s. With no NEW trade war tensions events, geopolitical risk on the back burner, Feds slow approach to rate cuts, USD starting to find a support/ bullish steam and on Gold specifically profit taking from record break highs requires adaption.
Something to look out for on the Macro.
Trade ideas for upcoming week:
Since Gold is currently in a secondary phase of MS i will be playing sells into better demanded prices
Bullish bias:
1 - Gold comes down into first 2760 AOI
Bearish bias:
1 - Holds below 2880s
2 - Breaks and holds below current lows at 2845 KL
Economic outlook:
In terms of economic events this week, we have a lot to unfold as we are in a new business month. To begin this week, We have United States ISM Manufacturing PMI and during the second half of the week will be our main focus as we have United States ISM PMI Services data, Initial Jobless Claims, NFP and Unemployment rate.
1 - Monday : ISM Manufacturing PMI
2 - Wednesday : ISM PMI Services
3 - Thursday : Initial Jobless Claims
4 - Friday : NFP, Unemployment Rate
Daily Reminder:
-Caution-
Stay Smart, Trade safe, follow your trading plan, follow your risk management plan, focus on long term vision, keep emotions out and avoid crashing your account.
Bitcoin: final breakAs BTC entered into the mainstream markets, it was expected that the coin would start to react to all the news which affected the mainstream markets. As geopolitical risks arose again during the previous week, the price of BTC finally broke the side trading during the past period, and followed the market sentiment toward the downside. The first part of the week, BTC was traded with a strong downtrend, reaching the lowest weekly level at $79K. This was the level from where buyers started to act, returning the price of BTC toward the $85K, the resistance line.
Technical indicators were reacting to such strong movements of BTC. The RSI reached the clearly oversold market side, while it is ending the week at the level of 30. The MA50 started a clear convergence toward the MA200, but as there is a high distance between two lines, the potential cross is still not in the store.
For the week ahead, it could be expected a short term consolidation for BTC. The coin is currently testing the $85K resistance line, which will continue to test at the start of the week ahead. As per current charts, there is some probability that the next resistance level at $90K could be shortly tested. On the opposite side, charts are indicating levels between $ 82K and $83K. It should be also considered that NFP data are scheduled for the release in the week ahead, in which sense, some volatility might be back during the release of data.
NASDAQ 100: Bullish Trend Reversal and Monthly High Target on 4-The NASDAQ 100 (NAS100) on the 4-hour chart is currently experiencing a correction, but the overall trend is showing signs of a bullish reversal. The 15-minute timeframe reveals a change in trend, as the market has shifted from a bearish to a bullish bias. This transition is becoming more evident with higher lows and the formation of bullish candlestick patterns.
As the price continues to gain momentum, it appears to be targeting the previous monthly high, which could act as a key resistance level. Traders should closely monitor this level for potential breakout opportunities or a rejection that may indicate a continuation of the correction.
A successful push above the previous monthly high could signal a strong bullish trend continuation. However, a failure to break through could lead to consolidation or a deeper pullback. Keep an eye on short-term support levels and the broader trend on the 4-hour chart to gauge the next likely move in the market.
Overall, NAS100 seems to be aligning with a bullish outlook in the near term, but careful attention to price action at these critical levels is essential for determining the next steps.
Tariffs and Unlock Continue Bearish Pressure? Thoughts?Thoughts on these entries for long-term ?
Uncertainty of tariff's effect on risk assets and recent token unlock have me feeling bearish, could see a little more to the downside I think before upper move. Or is the corrective move done with? Thoughts?
Market Insights with Gary Thomson: 3 - 7 MarchMarket Insights with Gary Thomson: ECB Rates, US NFP, Canada’s Unemployment Rate, Earnings Reports
In this video, we’ll explore the key economic events, market trends, and corporate news shaping the financial landscape. Get ready for expert insights into forex, commodities, and stocks to help you navigate the week ahead. Let’s dive in!
In this episode, we discuss:
- ECB Interest Rate Decision
- US Nonfarm Payrolls and Unemployment Rate
- Unemployment Rate in Canada
- Corporate Earnings Statements
Don’t miss out—gain insights to stay ahead in your trading journey.
🌐 FXOpen official website: www.fxopen.com
CFDs are complex instruments and come with a high risk of losing your money.
$Algo Has PotentialAlgorand has been a major laggard so far during this cycle, I believe this is due to the major interest in other tokens like SOL.
However, while investors and traders have been focusing on meme coin pump & dumps, the Algorand Community has been building. Focusing on Utility as a long term goal.
Transaction Speed
Algorand managed to handle 34,008 transactions in a single block in less than three seconds. This achievement is notable not only for its speed but also for its flawless execution, as it boasted a 100% success rate. This milestone highlights the blockchain’s robust capabilities, making it an attractive option for both developers and investors.
Algorand Staking
1. Pure Proof-of-Stake (PPoS) vs. Traditional Proof-of-Stake
Algorand uses a Pure Proof-of-Stake (PPoS) model, unlike Delegated PoS (DPoS) or Nominated PoS (NPoS) used by networks like Solana, Polkadot, and Cardano.
In Algorand’s system , every ALGO holder automatically participates in securing the network, while in other PoS systems, users must delegate to validators or run their own nodes.
2. No Slashing
Many PoS chains (Ethereum, Polkadot, Cosmos) slash a portion of a validator’s stake if they act maliciously or go offline.
Algorand does not have slashing, meaning users don’t risk losing their ALGO due to validator misbehavior.
3. Low Entry Barrier
On Algorand, anyone with ALGO can participate in consensus; there's no need for delegation or minimum staking requirements like on Ethereum (32 ETH) or Solana.
In contrast, other PoS chains require significant amounts of tokens to run a node or be selected as a validator.
4. Staking Rewards Have Changed
Algorand used to offer automatic staking rewards just by holding ALGO in a wallet, similar to Cardano’s model.
However, as of 2022, the automatic staking rewards were phased out, and instead, staking incentives now come through governance participation and DeFi protocols.
5. Governance Staking Model
Instead of passive staking, Algorand introduced governance staking, where users commit ALGO to governance for a fixed period and vote on protocol decisions.
This model is similar to lock-up staking on chains like Polkadot but focuses more on decentralized governance rather than securing the network.
6. Instant Finality & Faster Block Production
Algorand’s PPoS achieves instant finality (blocks are final once added) compared to Ethereum or Cosmos, which rely on probabilistic finality and can be reverted in rare cases.
This ensures faster transaction confirmation and higher security.
7. Staking via Liquid Staking & DeFi
Since traditional staking was removed, ALGO holders now stake through DeFi protocols like Folks Finance or AlgoFi (before its shutdown).
Liquid staking options allow users to stake while still using their ALGO in DeFi, similar to Ethereum’s Lido (stETH).
In conclusion, the future of $ALGORAND looks bright in the long-term. Although I do believe we do see ATH this cycle, It seems we are currently in last point of support of the wycoff accumulation cycle , only time will tell.
This is not financial advice, just an observation of a digital asset with long term potential.
GOLD MARKET ANALYSIS AND COMMENTARY - [March 03 - March 07]OANDA:XAUUSD this week were under pressure to take profits. After opening this week at 2,934 USD/oz, gold prices rose to 2,956 USD/oz, but then continuously dropped to 2,832 USD/oz and closed the week at 2,858 USD/oz. Thus, gold prices this week dropped sharply after 8 consecutive weeks of increases.
The reason why gold prices dropped sharply this week is because the USD continued to increase strongly compared to many other major currencies. Market sentiment changed slightly after the US announced the Personal Consumption Expenditure Index (PCE) for January 2025. Accordingly, PCE increased by 2.5% over the same period last year, thus down from 2.6% in December 2024 and in line with market expectations. Meanwhile, core PCE, excluding fluctuating food and energy prices, also increased 2.6% year-on-year, but down from 2.9% in December 2024 and in line with forecasts.
Notably, in the recent meeting, US President Donald Trump and Ukrainian President Volodymyr Zelensky had many disagreements and could not reach any agreement to contribute to an early end to the war between Russia and Ukraine. This is a factor that may increase gold's role as a haven, but it is unlikely to push gold prices up sharply next week, perhaps just a slight recovery before adjusting again.
There will be a lot of data released next week, but the US February non-farm payrolls (NFP) report will be of particular interest to investors. According to forecasts, NFP is expected to reach 156,000 jobs, compared to 143,000 jobs in January. If NFP reaches the forecast level, it will not affect the Fed's interest rate policy direction, unless NFP increases far beyond the threshold of 200,000 jobs. Therefore, NFP news is likely to have little impact on gold prices next week.
In addition, investors will also pay attention to the European Central Bank's (ECB) monetary policy decision, which could have an impact on gold prices next week. The ECB is expected to cut interest rates again next week, which could partially support the USD, thereby negatively impacting gold prices next week.
🕹SOME DATA THAT MAY AFFECT GOLD PRICES NEXT WEEK:
Next week, the market will focus on jobs data, with the US February non-farm payrolls report released on Friday morning.
Other key economic events include the Eurozone FMCG and US ISM manufacturing PMI on Monday, the ADP jobs report and US ISM services PMI on Wednesday, and weekly unemployment data on Thursday.
The other big event of the week is the European Central Bank's (ECB) monetary policy decision on Thursday, with many experts expecting the ECB to make another interest rate cut.
📌Technically, gold prices next week may continue to adjust, with the level of 2,790 USD/oz being an important support level. If next week's gold price stays above this level, it will increase slightly to 2,900 USD/oz. On the contrary, if gold prices fall below 2,790 USD/oz next week, there is a risk of a deeper correction.
Notable technical levels are listed below.
Support: 2,814 – 2,835USD
Resistance: 2,900 – 2,868USD
SELL XAUUSD PRICE 2951 - 2949⚡️
↠↠ Stoploss 2955
BUY XAUUSD PRICE 2739 - 2741⚡️
↠↠ Stoploss 2735
BTCUSD 1HOUR CHART TECHNICAL ANALYSIS NEXT MOVE POSSIBLE This is a Bitcoin (BTC/USD) price chart on a 1-hour timeframe from TradingView, published by the user "afzalforex110." Here’s what it indicates:
1. Support & Resistance Levels:
A resistance level is marked at 93,375, which could act as a target if the price rises.
A support level is drawn at 84,120, which is crucial for determining price reactions.
2. Buy Zone:
The pink-shaded "BUY ZOON" (likely meant as "BUY ZONE") is located around the $78,000 - $80,000 range.
This suggests that the trader expects strong buying interest in this area.
3. Potential Price Movement (Blue Arrows):
If the price retraces to the 84,120 support and holds, it could push higher.
A potential breakout above 85,892 may trigger further upside.
If the price drops below 84,120, a deeper pullback towards the buy zone is expected before a possible rebound.
Trading Strategy Implication:
Bullish Bias: The trader anticipates a potential move up if key support levels hold.
Entry & Exit Points: Traders might consider buying near support or in the buy zone and targeting higher resistance levels.
Risk Management: A break below the buy zone could invalidate the bullish outlook.
Would you like any refinements or additional insights?
BTC , road map
"Hello traders, when considering BTC, the decision-making process should align with your strategy as either a holder or trader. In high time frames, based on the (FVG) concept, BTC's price could potentially reach $180,000. However, for short-term traders, the price might dip to the $70,000 zone initially. I anticipate a pullback to $92,000, after which I will evaluate candle formations to determine a selling position.
Please note that this analysis is subject to updates over time."
If you have any specific questions or need further assistance with your message, feel free to let me know!
Clear Sign for short-tradeThe price chart has clearly established a robust resistance level, showing no signs of breaking through again. As a result, the price is likely to breach the first trendline in the near term, entering an accumulation phase. During this phase, the price is expected to consolidate for some time before eventually breaking the second trendline. This breakout will likely trigger a downward movement, potentially driving the price toward the 1.013 level by mid-March.