LTCUSD - Weekly forecast, Technical Analysis & Trading IdeasMidterm forecast:
While the price is above the support 89.65, resumption of uptrend is expected.
We make sure when the resistance at 147.05 breaks.
If the support at 89.65 is broken, the short-term forecast -resumption of uptrend- will be invalid.
We will close our open trades, if the Midterm level 89.65 is broken.
Technical analysis:
A trough is formed in daily chart at 80.05 on 02/03/2025, so more gains to resistance(s) 117.47, 125.06, 133.99 and maximum to Major Resistance (147.05) is expected.
Take Profits:
117.47
125.06
133.99
147.05
167.24
189.79
232.63
281.63
334.75
388.93
413.50
__________________________________________
❤️ If you find this helpful and want more FREE forecasts in TradingView,
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 BOOST button,
. . . . . . . . . . . Drop some feedback below in the comment!
🙏 Your Support is appreciated!
Let us know how you see this opportunity and forecast.
Have a successful week,
ForecastCity Support Team
Pivot Points
EUR/AUD Hi guys we are taking a look into the EUR/AUD after a strong drop that we predicted previously , we are looking into a correction / formulating a short term ascending channel on 1H and 4H time frames.
Entry: 1.66232
Target 1.67200
As always my friends happy trading!
P.S. If you have questions or inquiries about one of my existing set-ups or personal questions / 1 on 1 sessions consider joining my community so you can follow up with me in private!
Start shorting gold before the marketGood morning, dear traders! A new trading week has begun!
Last week, I consistently emphasized in my trading strategy that gold still had the potential to rally towards 2900. Since the market opened today, gold has accelerated its upward move, approaching 2900, which suggests a short squeeze from a technical perspective. Additionally, in my trading outlook shared on Friday, I specifically pointed out that as gold approaches or tests the 2900 level, we must remain cautious of a potential pullback. If gold fails to decisively break through the 2895-2905 resistance zone, a short-term retracement to the 2880 zone, or even the 2860 level is possible.
In the short term, I will continue to look for short opportunities within the 2895-2905 range, anticipating that gold will pull back as expected, setting us up for a strong start to the trading week!
Bros, do you have the courage to try shorting gold with me? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
EUR/GBP - Bullish Bias🔹 4H Timeframe:
• Broke a major Higher High (HH) → Confirmed bullish structure.
• Engineered liquidity at an order block → Expecting a move higher.
🔹 30M Timeframe:
• CHoCH confirmed → Bullish intent established.
• Took out sell-side liquidity (SSL) and inducement (IDM) to mitigate a 30M order block.
• Plan: Looking for a bullish reaction from the 30M order block → Entry on confirmation for further upside continuation.
🎯 Target: Next major high.
🛑 Invalidation: If price breaks below internal structure lows.
XAU/USD (GOLD) - Bullish Continuation Expected 🔹 4H Timeframe:
• Market structure is bullish, showing signs of continuation.
• Watching for a potential retracement before price resumes its trend.
🔹 30M Timeframe:
• Looking for a sweep of IDM (Inducement) to mitigate order flow.
• Once liquidity is taken, watch for a CHoCH and order block retest for entry.
• Plan: If price mitigates the order block after the IDM sweep, expect bullish continuation.
🎯 Target: Previous highs or next liquidity zone.
🛑 Invalidation: If price breaks key bullish structure.
USD/JPY - Bullish Bias🔹 4H Timeframe:
• Broke major Higher High (HH) → External structure remains bullish.
• Took out inducement before retracing into an internal structure order block (demand zone).
• Expecting a continuation to the upside.
🔹 30M Timeframe:
• Liquidity sweep at the lows → Preparing for a potential reversal.
• Now waiting for CHoCH + break of major LH for confirmation.
• Plan: If CHoCH confirms, look for an order block retest entry to ride the trend higher.
🎯 Target: Next external high.
🛑 Invalidation: If price fails to reclaim previous structure and starts forming LHs & LLs.
AUD/USD - BULLISH Bias🔹 4H Timeframe:
• Price took out sell-side liquidity (SSL) before pushing up.
• Broke a major Lower High (LH) → Confirmed bullish intent.
• Targeting the previous high as the next liquidity point.
🔹 30M Timeframe:
• CHoCH (Change of Character) confirmed → Bullish intent.
• Price is now approaching inducement before mitigating order flow.
• Plan: Wait for price to sweep inducement, confirm a lower timeframe CHoCH, and enter off the order block for a continuation to the upside.
🎯 Target: Next major high.
🛑 Invalidation: If price breaks below previous swing low and structure shifts bearish.
Bless Trading!
Silver | iHnS Pattern $36Buyers aren't doing too bad as we approach the mean but it looks like it's time for sellers to show what they got for a nice pullback
With a similar inverted head and shoulders pattern to what we saw in August of last year I would expect a SMA/liquidity pullback to the $30.50 break, and then a continuation towards trendline resistance for a target of $36.
BRENT - Intraday forecast, Technical Analysis & Trading IdeasMidterm forecast:
While the price is above the support 68.485, beginning of uptrend is expected.
We make sure when the resistance at 81.651 breaks.
If the support at 68.485 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis:
A peak is formed in daily chart at 81.735 on 01/15/2025, so more losses to support(s) 73.868, 71.698, 70.505 and minimum to Major Support (68.485) is expected.
Take Profits:
75.270
77.558
79.049
81.651
84.161
87.271
91.613
95.108
98.908
103.260
106.431
115.785
123.265
131.000
__________________________________________
❤️ If you find this helpful and want more FREE forecasts in TradingView,
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 BOOST button,
. . . . . . . . . . . Drop some feedback below in the comment!
🙏 Your Support is appreciated!
Let us know how you see this opportunity and forecast.
Have a successful week,
ForecastCity Support Team
EURJPY - Intraday forecast, Technical Analysis & Trading Ideas💡 H4: ShortTerm Forecast:
Price rejected from Downtrend and Sell Zone.
Sell Zone: 163.18 ~ 164.84
Forecast:
1- Correction wave toward the Sell Zone
2- Another Downward Impulse wave toward Lower TPs
SL: Above 164.84
💡 H1: Intraday Forecast:
The Uptrend is broken, and the price could start an impulse wave.
Sell Zone: 162.71 ~ 163.18
Forecast:
1- Correction wave toward the Sell Zone
2- Another Downward Impulse wave toward Lower TPs
SL: Above 163.18
XRP Breaks Out of Downtrend Is a Big Rally About to Begin ?XRP is currently trading around 2.42 and has recently broken out of a descending channel formation. This breakout suggests a potential shift in momentum from bearish to bullish. The price is now consolidating just above the trendline, indicating that buyers are stepping in to support this level.
The descending channel was characterized by consistent lower highs and lower lows. However, the breakout above the upper boundary of the channel signals that the selling pressure may be weakening. If the price holds above this level, further upside movement is expected.
A key support level is now established around 2.40 to 2.42, which was previously resistance. If the price stays above this zone, the bullish case strengthens. Immediate resistance is found around 2.50 to 2.55, where price has faced rejection before. A decisive break above this area would confirm further upside movement.
Volume analysis shows that trading activity is still relatively low, which is common during consolidation phases. A strong increase in volume above 2.45 would provide additional confirmation of bullish strength. Monitoring this volume breakout is essential for validating the move.
Momentum indicators such as the RSI should also be observed. If RSI moves above 55 to 60, it would indicate growing buying pressure. A hidden bullish divergence, if present, would add further confidence to the breakout.
The first target for this breakout is 2.50 to 2.55, where resistance is expected. If price gains strength beyond this zone, the second target would be 2.65 to 2.70. These levels mark potential areas where price could face selling pressure or profit-taking.
To manage risk, a stop-loss should be placed below 2.38 to 2.40 to avoid potential fakeouts. If price falls back below this support, the breakout could be invalidated, leading to a potential retest of lower levels.
XRP is at a crucial turning point, with signs of bullish momentum building. If the price sustains above the breakout zone and breaks through 2.45 to 2.48 with strong volume, a larger upward move could follow. Traders should remain cautious but keep an eye on price action for confirmation of the next trend direction.
Sol setting up bullishSol has been in a pretty volatile range for a bit rejecting new ATH twice. We note a rising bottom that lead into this horizontal range, higher highs and lows. If this compression continues I believe we will see a breakout soon. BBWP daily needed to reset, it has. Stochastic is fully cooled off. My target here has moved up to 360$ by March 31st.
Ethereum Analysis Ethereum Analysis
Ethereum is currently exhibiting a pattern similar to the one observed in Shiba Inu, with a clear downtrend that has led to the breakdown of a key support level. As of now, it seems to be retesting this broken support, though confirmation will only be possible once the current candle closes.
In my opinion, patience is critical in this scenario, and it would be wise to wait for the candle to close before considering any short positions. The broader trend still appears to be bearish, suggesting that Ethereum may not have exhausted its downward momentum just yet. However, market dynamics can shift rapidly, and it is important to remain vigilant and adapt to new information as it unfolds.
I would appreciate your thoughts on Ethereum's current price action and whether you agree with the assessment of a potential continuation of the downtrend. As always, thorough analysis, risk management, and due diligence are essential before making any trading decisions.
Cheers!
Prepare yourself for a $17K ETH !
Hello, Traders 🐺
As I promised you, my dear friends, in my previous idea about BTC.D (link to BTC.D idea is below this post) , I’m here to share some amazing updates on ETH , which I’ve been wanting to share for a long time.
Honestly, guys, I’ve been waiting for the right time to do this because I’m a dedicated trader , and I believe that trading is all about perfect timing . In my humble opinion , this is the beginning of the ETH season , and you should definitely consider buying some.
(This is not financial advice! Do your own research.)
So, let's begin:
As you can see, every single time , we have had a final shakeout before the pump , and right after that , ETH has made a massive and explosive move .
I’ve tried to make it as clear as possible for you guys by highlighting all the necessary details on the charts . However, if you still have any questions, feel free to ask them below this idea.
Also, don’t forget to follow me and like this idea to show your support! 🚀🔥
SUIUSDT 1H Analysis Update✅ SUIUSDT 1H Analysis Update
🔹 Support Level: 2.7 USDT
🔹 Resistance Level: 4.3 USDT
📊 Key Insights:
In the short-term analysis, SUI has strong support at $2.7, indicating a potential 60% growth from this level. This movement is likely to occur with the reopening of global markets.
———————————————————
📥 For more analysis:
🔗 @MohsenHasanlu
📅 2025/02/10
Inverted Double Hammer with Doji (A RARE FORMATION) !!! BTCUSDFolks,
An ' Inverted Double Hammer with Doji ' pattern is potentially forming by the end of this week on the daily timeframe.
An Inverted Double Hammer with Doji consists of two inverted hammer candles followed by a doji and then fourth candle that closes green above the closing prices of the previous three candles.
On the weekly timeframe, a similar pattern appeared during August 2023. If an Inverted Double Hammer with Doji successfully forms, we may likely see a trend reversal for the BTCUSD pair.
BTCUSD has resistance at 10 D SMA & 50 D SMA and also has support at $95,500 which is very closer to 100 D SMA trend line, If the Sunday (February 9, 2025) candle closes above the closing value of the previous three candles, which is ~ $96,600, then I plan to initiate a long position with at least 10x leverage, targeting a close at the weekly highest closing value (~$104,400).
Let's see what happens this Monday. Wish me good luck. Play safe, b]#DisciplineWithStopLoss before you invest. 🤞
#ChartPatterns
#SwingTrading
#BTCUSD
#PatienceIsKey
#RektProofTrade
#ProtectYourCapital
USDCAD - Weekly forecast, Technical Analysis & Trading IdeasMidterm forecast:
1.39318 is a major support, while this level is not broken, the Midterm wave will be uptrend.
Technical analysis:
While the RSI support #1 at 47 is not broken, the probability of price decrease would be too low.
A trough is formed in daily chart at 1.34185 on 09/25/2024, so more gains to resistance(s) 1.44670, 1.46000, 1.46900 and more heights is expected.
Supports and Resistances:
1.46900
1.46000
1.38884
1.38168
1.37487
1.36876
1.36072
1.35404
1.34323
1.33664
1.31816
1.30929
__________________________________________
❤️ If you find this helpful and want more FREE forecasts in TradingView,
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 BOOST button,
. . . . . . . . . . . Drop some feedback below in the comment!
🙏 Your Support is appreciated!
Let us know how you see this opportunity and forecast.
Have a successful week,
ForecastCity Support Team
Bitcoin Dominance and DXY pattern correlation!Is the bitcoin dominance correlated to the DXY?
So far... I think so. Chart pattern wise anyway.
So, according to the DXY, if the Dominance follows this pattern we should be in the biggest altseason to date. But it could be the last one for a while as there could be a 90% to 95% flush out of alts coming.
This would crush all altcoin belief and get rid of all the shit coins. Lets be honest at this point it's needed to flush out all this garbage, it's too much.
Then knew cycle would start over and follow with a massive altseason bigger than anything ever. Don't get excited just yet, it not happen until 2033 or later.
Also according to this chart, dominace can go a bit higher to 72% before it starts to fall. lets see
That's all I have here, I just wanted to put it out here. If you want more analysis on this I have put out a comprehensive video on my tictik and youtube page.
Remember, this is not financial advice.
Kind regards,
Demetrios
What do you guys think about AMD next week?NASDAQ:AMD
This poor company has been caught in a Daily downtrend for months now! Currently we are approaching some areas I believe may be key. The 125.00 round number acted as a key area of resistance on multiple occasions. Using Fibs from the most recent leg down I was able to project a 2 deviation projection from the balance point at 0.50. This balance area also acted a key area of support in the previous triple bottom. We know levels of support when broken turn to resistance. This area is indicated by the 115.00 level on the chart.
I will keep my eyes put on signs of another leg down at the 0.50 and 0.618 level for a move to test 100.00. This area should act the most critical level because AMD has shown to show this is a very key psychological price target. It will be key to watch the SOX and other Semiconductor stocks next week. What do you guys think?
NZDUSD - 5 Feb 2025 SetupNZDUSD Market structure are making a bullish breakout with strong bullish rally. Spotted demand area (Green Rectangle). its a very good demand area structure after the price creating a higher high.
Entry Position : Long
Profit Target : 1:3 Shown on the chart image (Green Line)
Stop Loss : Slightly below demand area (Red Line)
Follow me if u guys making any gains from this idea.
Thanks
Coffee Trade Team