Bitcoin Market Auction Theory – Volume Levels & Market RotationHello Traders,
Bitcoin’s price action is currently respecting key volume levels, aligning with market auction theory. This concept suggests that price tends to rotate between value area high (VAH) and value area low (VAL), using the point of control (POC) as a midpoint. With price recently rejecting the VAH, the probability of a move lower has increased.
Key Technical Points:
• Market Auction Theory: Price typically rotates between VAH and VAL, with the POC acting as a key pivot.
• Current Price Structure: The VAH at $88,200 has seen rejection, increasing the likelihood of a move toward the POC at $67,200.
• Volume Profile Insight: Declining volume suggests consolidation is nearing its end, with an expected volume spike driving the next major move.
If Bitcoin loses the POC at $67,200, it significantly increases the probability of a full rotation down to the VAL at $49,500, completing the auction cycle. However, a bounce from POC could provide short-term support before the next major move develops.
For now, Bitcoin is consolidating, but the volume profile suggests a breakout is imminent. Traders should monitor key levels closely, as an influx in volume will likely dictate the next major directional move.
Harmonic Patterns
BTCUSDT: Signs of discounts are still noticeableBINANCE:BTCUSDT breaking below the support of the local rising wedge on the basis of a downtrend (falling wedge) has been formed. And now there is no reason for Bitcoin to move higher or to be honest:
"Just focus on selling because the risk of buying at this moment is high due to the newly announced reciprocal tariffs by President Trump, highlighting the increasing risk of Bitcoin in relation to macroeconomic uncertainties. I think we will drop much lower than 76,000 USD, as you may know from my previous analysis."
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3100 callback to go long3100 is a key support level, which always maintains strong support. From the hourly level, gold has risen strongly, with a big positive line rising from the ground, and a clear lower shadow at the bottom, indicating that the bulls are strong below and the moving average has begun to turn upward. There is a big non-agricultural data. The recent economic data has performed poorly, and this big non-agricultural data is likely to be bullish for gold. The sharp drop in gold is to better impact the high level. I hope everyone can understand this truth. The 3100 level is still valid at present. Today, the bullish thinking continues, and the decline is more!
Gold: more above 3100.
USD/CAD H4 | Overhead pressures remainUSD/CAD is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 1.4159 which is a pullback resistance that aligns with the 38.2% Fibonacci retracement.
Stop loss is at 1.4243 which is a level that sits above the 50.0% Fibonacci retracement and an overlap resistance.
Take profit is at 1.4024 which is a swing-low support.
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Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
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Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Bullish bounce?The Fiber (EUR/USD) is falling towards the pivot which lines up with the 50% Fibonacci retracement and could bounce to the 1st resistance.
Pivot: 1.0946
1st Support: 1.0836
1st Resistance: 1.1144
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
GBP/USD Bullish Momentum: Key Retracement Levels to WatchThe GBP/USD currency pair is exhibiting strong bullish momentum within an ascending channel. Recently, the pair established a consolidation range within this channel, with the upper boundary at 1.30149 and the lower boundary at 1.28710. Following the formation of a new high, no significant divergence has been observed, indicating the potential for a continuation of the prevailing trend.
Given the current price action, a retracement may occur, potentially providing an optimal entry opportunity around the 0.5 or 0.618 Fibonacci retracement levels. Traders should closely monitor price movements and key support levels for confirmation before entering a position.
WTI Oil H4 | Potential bearish breakoutWTI oil (USOIL) is falling towards a potential breakout level and it could drop lower from here.
Sell entry is at 66.44 which is a potential breakout level.
Stop loss is at 67.40 which is a level that sits above a pullback resistance.
Take profit is at 65.20 which is a multi-swing-low support.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Gold returns to a sharp decline?Dear friends!
Gold has a downward trend today, with the current price fluctuating around 3,097 dollars. The main reason is due to the tax measures of U.S. President Donald Trump, which help clarify the market trend but raise concerns about economic recession, thereby boosting the demand for USD, leading to an increase in its value, which affects gold.
From a technical perspective, it is not advisable to buy at this moment, as the risk is high, and for selling, we should wait for the price to establish a clear trend.
At present, it is most worth waiting for consolidation on the basis of a downward trend, as the market will sharply hit important milestones that you can build your trading strategy upon.
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Bullish bounce off overlap support?USD/CAD is falling towards the support level which is an overlap support that aligns with the 61.8% Fibonacci retracement and the 145% Fibonacci extension and could bounce from this level to our take profit.
Entry: 1.3953
Why we like it:
There is an overlap support level that aligns with the 61.8% Fibonacci retracement and the 145% Fibonacci extension.
Stop loss: 1.3743
Why we like it:
There is a pullback support level that lines up with the 78.6% Fibonacci retracement.
Take profit: 1.4169
Why we like it:
There is a pullback resistance level.
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Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Bearish drop?The Loonie (USD/CAD) has reacted off the pivot and could drop to the 1st support.
Pivot: 1.4274
1st Support: 1.4156
1st Resistance: 1.4325
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
The golden large-scale "roller coaster" has near misses and no dFrom the 4-hour analysis, pay attention to the short-term suppression at the 3130-35 line on the top, and the short-term support at the bottom is around 3100-3106, with a focus on the support at 3083-3087. Continue to maintain the rhythm of low-long positions above this position, and stick to the idea of buying more on pullbacks. Go long with the trend to hold the long space, and try not to go against the trend.
Gold operation strategy:
Gold retreats to the 3100-3106 line for more, and retreats to the 3083-3087 line to cover more positions, stop loss 3077, target the 3130-3135 line, and continue to hold if the position is broken;
GBPJPY• Key Support: 191.70 – A bounce from this level could push prices higher.
• Upside Targets: 194.00, 195.50, and 195.70 if the bullish trend continues.
• Bearish Scenario: A break below 191.70 could lead to further declines toward 190.90, 190.00, and 189.00.
Conclusion: The trend remains bullish unless GBP/JPY drops below 191.70, which would signal further downside risk.
Tron (TRX): Possible Double Top Pattern FormingTron coin is approaching approachingthe neckline zone where recently we formed a second top, which gave us a sign of a potential upcoming "double top" pattern. We are waiting for a breakdown to happen.
As soon as we get the breakdown, we will be looking for a short position where we might catch a good R:R position.
Swallow Team
EURUSD D1 | Bearish Reversal Based on the D1 chart, the price is approaching our sell entry level at 1.1007, a pullback resistance that aligns with the 78.6% Fibo retracement and the 127.2% Fibo extension. indicating a strong area of resistance.
Our take profit is set at 1.0792, a pullback support.
The stop loss is set at 1.1214, a swing high resistance.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (fxcm.com/uk):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (fxcm.com/eu):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (fxcm.com/au):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at fxcm.com/au
Stratos Global LLC (fxcm.com/markets):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
USDJPYHello Traders! 👋
What are your thoughts on USDJPY?
USDJPY is moving within a descending channel and has currently reached the top of the channel, just below a resistance zone.
We anticipate some consolidation in this area, followed by a potential drop toward the bottom of the channel.
For a safer sell entry, it’s better to wait for a break below the specified support level.
After the breakout, a pullback to the broken support could offer a good sell opportunity.
💡Will USD/JPY respect the channel and head lower, or break out to the upside? Share your view below! 👇
Don’t forget to like and share your thoughts in the comments! ❤️
ADA - Bearish Reversal Setup from Fair Value Gap🚀 ADAUSDT - 1H Chart Analysis 🚀
📊 Current Market Structure:
ADA is moving within a rising channel 📈, approaching a key resistance zone where a Fair Value Gap (FVG) is present. This area aligns with a significant Fibonacci retracement zone, making it a strong potential reversal point.
📌 Technical Insights:
🔹 Price is trading inside a well-defined bullish channel.
🔹 Approaching a major supply zone with previous reaction points.
🔹 Bearish rejection is expected in this area, leading to a potential drop.
📉 Trade Expectation:
A reaction from the FVG could lead to a downward move, as highlighted by the red arrows. If price confirms a rejection, a bearish shift in structure could occur, offering short opportunities.
⚠️ Risk Management Tip: Always wait for confirmation before acting on a setup. Managing risk effectively is key to long-term success!
📢 What do you think? Will ADA respect the FVG or push higher? Share your thoughts! 💬📉🚀
Gold fluctuates bearishly to welcome non-farm payrollsGold's 1-hour moving average continues to show signs of turning downward. If a death cross is formed downward in the 1-hour moving average, then the gold shorts will have a greater advantage. The 1-hour downward trend line also suppresses the rebound of gold. The rebound is still short. The trend suppression has now moved down to around 3110. Gold rebounds under pressure and continues to short at 3110. If the European market is strong in the afternoon, then give up the idea of shorting. Continue to wait for the market to stabilize.
Today's gold short-term operation ideas suggest that rebounding is the main focus, and callbacks are supplemented by longs. The top short-term focus is on the 3110-3115 first-line resistance, and the bottom short-term focus is on the 3054-3066 first-line support.
Short position strategy:
Strategy 1: Short 20% of the gold position in batches when it rebounds to around 3110-3112, stop loss 6 points, target around 3090-3075, and look at 3065 if it breaks;
Long position strategy:
Strategy 2: Long 20% of the gold position in batches when it pulls back to around 3065-3068, stop loss 6 points, target around 3090-3100, and look at 3110 if it breaks;