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NZDCAD: One More Bearish Forex Pair 🇳🇿🇨🇦 One more CAD pair that looks strongly bearish to me is NZDCAD. Price action analysis speaks out loud on a daily. The market was rallying nicely and started to slow down, approaching a key horizontal resistance. The price started to consolidate and dropped then violating multiple horizontal supports and a rising trend line. With a high probability, the market will drop even lower. Next support - 0.81 ❤️Please, support my work with like, thank you!❤️
Short
by VasilyTrader
1
Altcoins Market Cap: We on the Verge of a 5T Exposion!Hey crypto traders! Let’s dive into this monthly chart of the Altcoins Market Cap. You won’t believe what’s brewing! We’re currently approaching a critical channel support at 200B, a level that might act as a springboard for massive rally — check out the jumps from channel support in 2019 and 2023! Each time the market cap hit this support, it skyrocketed, and now we’re at that pivotal moment again. The chart projects a jaw-dropping target of $5T within the next 24 months if history repeats itself! The price action shows we’re testing the lower boundary of this ascending channel, with the market cap sitting around 239.65B. A bounce here could send altcoins on a parabolic run, potentially hitting 5T by mid-2026. But if support fails, we might see a dip toward 100B — let’s keep an eye out! Key Levels to Watch: Support: 175B (channel support) Resistance: 1.55T, 5T (projected target) Breakdown Risk: 100B Are altcoins about to explode to 5T, or will we see a deeper correction? Drop your thoughts below! PS take a look at others vs. btc price action here:
CRYPTOCAP:OTHERS
by ArShevelev
2
GOLD → Trend reversal, downward distribution, and new targetsFX:XAUUSD breaks through 3270 and enters a distribution phase amid a rising dollar. We are most likely at the beginning of a trend reversal... On Thursday, gold remains under pressure, trading at a two-week low, as the market reacts to Trump's statements about potential trade agreements with a number of countries, including China. Optimism surrounding the negotiations is boosting risk appetite, reducing interest in gold as a safe-haven asset. Even weak US GDP and inflation data failed to halt the rise in gold prices, as traders' attention is focused on the trade agenda and upcoming labour market statistics. Gold is changing its trend due to the rise of the dollar and a shift in the fundamental background. A breakout of the local low could reinforce the decline. The first target is 3190. There is a possibility of a retest of the previously broken consolidation support at 3268 before the decline continues. Resistance levels: 3245, 3270 Support levels: 3190, 3186, 3167 A breakout of the local low of 3221 could trigger a further decline. The first stop could be around 3190. From this level, a small correction or consolidation may follow before the decline continues. I do not rule out the possibility of a retest of 3245-3270 before the decline continues. Best regards, R. Linda!
FX:XAUUSDShort
by RLinda
12
FARTCOIN → Moving into the realisation phase. A rally?BINANCE:FARTCOINUSDT.P has entered the buying zone, or the realization phase, after breaking through the resistance of the ascending triangle. The altcoin is within an upward trend. Bitcoin continues to consolidate ahead of a possible rise. FARTCOIN has entered the buy zone at this time. The realization of Bitcoin could trigger continued growth in altcoins FARTCOIN is entering the realization phase after consolidating within an uptrend and an ascending triangle. The coin looks quite positive overall, but a retest of 1.2100 may form before growth. Resistance levels: 1.2933 Support levels: 1.0719, 1.0632 There is significant resistance ahead on D1, and a small correction to the nearest liquidity zone at 1.2097 may form. However, consolidation against 1.2933 is expected before a breakout and continued growth. Best regards, R. Linda!
Long
by RLinda
4
Bitcoin price according to the Bitcoin Liquidity IndexThe Bitcoin bull market from its low in January 2015 to its high in December 2017 lasted 1064 days and the price rose from $163.88 to $19,764.51. The Bitcoin bull market from its low in December 2018 to its high in November 2021 took 1064 days and the price rose from $3,211.19 to $68,944.62. If this is repeated, the Bitcoin bull market from its low of $15,804.43 in November 2022 will find its high of $500,000 or more in October 2025, which Bitcoin could easily do if you look at 2017, for example.
BNC:BLXLong
by FaustDick
Sony Wave Analysis – 30 April 2025- Sony broke resistance zone - Likely to rise to resistance level 27.00 Sony recently broke the resistance zone between the resistance level 25.60 (which stopped the previous waves (1) and B) intersecting with the resistance trendline of the daily up channel from January. The breakout of this resistance zone accelerated the active impulse waves 3 and (3). Given the clear daily uptrend, Sony can be expected to rise to the next resistance level 27.00, the target price for the completion of the active impulse wave 3.
NYSE:SONYLong
by FxProGlobal
2
GOLD → Consolidation. Traders are waiting for news...FX:XAUUSD remains in consolidation at 3370-3270. Traders are in no hurry to take any action, as there is a lot of important news ahead. Let's take a closer look at the situation... On Wednesday, gold is trading lower, remaining in a sideways range as traders await the release of US GDP data for the first quarter. A sharp slowdown in growth is expected, and a possible contraction in the economy could increase bets on a Fed rate cut and support gold. Meanwhile, the dollar is holding steady amid tariff news and expectations for key employment and inflation data. A retest of the range support is forming. The approach is quite sharp, and the pre-breakout potential has been exhausted. A false breakout of support could trigger an upward correction. Support levels: 3270, 3245 Resistance levels: 3314, 3329, 3352 If the dollar continues to fall after the news, this could support gold and the price could continue to trade between 3370 and 3270. Unpredictable news could trigger a breakout and a fall. Best regards, R. Linda!
FX:XAUUSDShort
by RLinda
12
Bank of America May Face a DowntrendBank of America has rebounded sharply in recent weeks, but some traders may expect a move to the downside. The first pattern on today’s chart is the series of lower highs since March 3. Combined with the low in early April, a falling channel may have formed. Second is the price zone between roughly $39 and $40, which represents a basing area March 10-13. BAC is now stalling at the same level, which may suggest old support has become new resistance. Third, stochastics on the megabank are turning down from an overbought condition. Next, the 50-day simple moving average (SMA) had a “death cross” below the 200-day SMA earlier this month. That may indicate the long-term trend has turned negative. Finally, BAC is a highly active underlier in the options market. That could help traders take positions with calls and puts. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. Options trading is not suitable for all investors. Your TradeStation Securities’ account application to trade options will be considered and approved or disapproved based on all relevant factors, including your trading experience. See www.TradeStation.com . Visit www.TradeStation.com for full details on the costs and fees associated with options. Margin trading involves risks, and it is important that you fully understand those risks before trading on margin. The Margin Disclosure Statement outlines many of those risks, including that you can lose more funds than you deposit in your margin account; your brokerage firm can force the sale of securities in your account; your brokerage firm can sell your securities without contacting you; and you are not entitled to an extension of time on a margin call. Review the Margin Disclosure Statement at www.TradeStation.com . TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
NYSE:BAC
by TradeStation
1
GOLD - Price can correct to support area and then bounce upHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 A few moments ago price entered to rising channel, where it at once broke $2885 level and reached resistance line of channel. Then it corrected and then continued to move up in channel, but later it dropped to support area. Price soon rose above $2885 level, making a fake breakout and after retesting this level, continued to grow. Later Gold reached resistance line of channel and then made correction movement, exiting from channel and entered to pennant. In pennant pattern, price made upward impulse, breaking $3275 level and at the moment it trades near $3275 level. I think that Gold can exit from pennant, decline to support area, and then bounce up to $3440 If this post is useful to you, you can support me with like/boost and advice in comments❤️
OANDA:XAUUSDLong
by WalterMoon
15
Netflix Wave Analysis – 29 April 2025 - Netflix broke key resistance level 1063.40 - Likely to rise to resistance level 1150.00 Netflix recently broke the key resistance level 1063.40 (former multi-month high from February, which stopped the B-wave of the previous ABC correction (B)). The price just broke the resistance trendline of the weekly up channel from October – which should accelerate the active impulse waves 3 and (5). Given the clear daily uptrend, Netflix can be expected to rise toward the next resistance level 1150.00, target price for the completion of the active impulse wave 3.
NASDAQ:NFLXLong
by FxProGlobal
Monero Wave Analysis – 29 April 2025 - Monero broke resistance area - Likely to rise to resistance level 300.00 Monero cryptocurrency recently broke the resistance area between the resistance level 240.40 (former multi month high from the start of this year) and the resistance trendline of the weekly up channel from the middle of 2024. The breakout of this resistance area accelerated the active short-term impulse wave 5, which belongs to wave (3) from the start of 2024. Given the clear weekly uptrend, Monero can be expected to rise toward the next round resistance level 300.00.
Long
by FxProGlobal
GOLD → Consolidation ahead of news. What to expect?FX:XAUUSD is consolidating. Focus on 3370 - 3269. Economic data is expected tomorrow, and gold is likely to trade within the consolidation range for several days. Optimism about US trade talks with key partners boosted risk appetite and supported the dollar. The US Treasury Secretary reported progress with India, while President Trump softened his rhetoric on China, which also strengthened the dollar. At the same time, traders took a wait-and-see stance ahead of the release of US GDP data for the first quarter. If the figures turn out to be weak, gold could rise sharply as a safe-haven asset. Thus, the gold market remains sensitive to trade news and macro data, especially against the backdrop of rebalancing at the end of April. At the moment, as part of the current momentum and correction, I expect prices to recover from the 0.5 - 0.7 Fibonacci zone. Gold may test 3323-3325 before resuming its correction within the consolidation. Resistance levels: 3323, 3352, 3370 Support levels: 3290, 3270 Traders are waiting for a resolution in the tariff dispute as well as economic data due tomorrow. However, while the price is consolidating, I expect a rebound from support. BUT! If the price continues to squeeze towards any boundary, with priority to support, then the chances of a breakout from the consolidation base may increase. Best regards, R. Linda!
FX:XAUUSD
by RLinda
14
GOLD (XAUUSD): Market Outlook & Short Update Regarding Gold. I received multiple requests to provide the update after the price bounced to a target level, as I predicted earlier on Sunday. At the moment, we see a perfect example of a consolidation. The price is trading within a horizontal parallel channel - range. As always, the market will most likely continue staying within that till the release of important high impact news. The closest ones we can find in the economic calendar. Tomorrow we are expecting US GDP and Personal Spending Data. For now, probabilities will be high that a consolidation will continue. Consider looking for trading opportunities from the boundaries of the range. After a news release, a breakout of the range will provide a strong confirmation and accurately indicate the future direction of the market. ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATION:XAUUSDLong
by VasilyTrader
1
BTC/USDT 1H Chart Analysis: Breakout Incoming?Hey traders! Let’s dive into this juicy BTCUSDT 1-hour chart. Bitcoin is teasing us with some serious action! We’ve got a textbook symmetrical triangle pattern forming, with price consolidating tightly between converging trendlines. This is a classic setup for a big move — Bitcoin is coiling up like a spring, ready to explode! The chart shows multiple phases of consolidation , with the latest triangle pushing BTC toward a critical decision point near the weekly high of $95,773.15 and the monthly high of $95,119.06. The price is currently hovering around $95,000, testing resistance. A breakout above the upper trendline could send BTC soaring past $96,600, potentially targeting $97,200 or higher! On the flip side, a rejection here might see it dip toward the daily low of $92,839.27 or even the lower trendline for support. Key Levels to Watch: Resistance: $95,773.15 (weekly high) Support: $92,839.27 (daily low) Breakout Target: $97,200+ Breakdown Target: $92,800 ✉ What do you think — bullish breakout or bearish? Drop your thoughts below!
CRYPTO:BTCUSD
by ArShevelev
8