XRP — Mapping Out the Next High-Probability Long SetupXRP continues to respect key levels, delivering clean setups and strong technical reactions.
📉 Recent Price Action Recap
After the flush from $3.65 into the $3.00 support zone, XRP printed a solid bounce back toward the $3.30 resistance area, forming a clean short setup between $3.30–$3.35.
Price is now trading mid-range within the 6-day consolidation.
🟢 Next High-Probability Long Setup
A prime long opportunity lies between $2.96 and $2.9175 sitting within a key daily order block.
Confluence at this zone includes:
Liquidity pool just below the $2.9555 swing low
Anchored VWAP from the $1.9083 swing low resting just under the block
0.618 Fib Speed Fan lining up as dynamic support (July 30 – Aug 2)
2.272 Trend-Based Fib Extension at $2.9297
📈 Long Trade Setup
Entry Zone: $2.96 – $2.9175
Stop Loss: Below anchored VWAP (clear invalidation)
Target: $3.1/$3.13+
R:R: ~1:3+
💡 Educational Insight
This setup is a great example of how multiple tools layered together (like Fibonacci levels, VWAPs, order blocks and liquidity zones) can significantly increase the probability of a trade playing out.
When structure, volume-based tools and time alignment all point to the same area, it creates a high-confluence trade zone. These are the areas where risk is most defined and reward is most favourable, a principle every technical trader should anchor their strategy around.
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Precisiontrading
ZORA 5-Wave Completion — 30% Crash Incoming?After exploding +1150% in just 20 days and completing all 5 waves, ZORA is now consolidating — trading sideways just under the $0.10 psychological level for the past 4 days.
📉 Current Market Structure
The current structure shows signs of a developing Head & Shoulders pattern, with price:
Trading below the daily open (dOpen) and weekly open (wOpen) → Bearish signs
Hovering near the prior daily open (pdOpen) → a breakdown here would confirm bearish continuation
🔴 Short Setup - Bearish Scenario
If ZORA breaks below pdOpen, we’re likely heading for:
0.618 Fib retracement at $0.06137 of the final wave 5
Confluence with 1.272 Trend-Based Fib Extension (TBFE) at $0.06148
This zone marks the next high-probability reaction point and a potential long opportunity if price shows a bounce or reversal.
📉 Overall Short Trade Target
The full retracement target sits between $0.0529 and $0.0514, offering multiple layers of confluence:
0.5 Fib retracement of the full 1150% move
0.786 Fib retracement of the final wave 5
Aligned with an old trading range and daily level
This makes it an ideal demand zone for patient bulls but only once price confirms.
💡 Educational Insight
This setup highlights an example of Elliott Wave Theory in action — after a strong 5-wave impulse move, markets often enter a corrective phase. The completion of wave 5, especially near key psychological levels like $0.10, often marks a local top, where price corrects toward key Fibonacci retracement zones.
Combining wave structure with confluence factors like Fib levels, VWAP, and prior trading ranges helps traders identify high-probability reversal zones — allowing for better timing, risk management, and trade planning. Always wait for confirmation before jumping into any trades.
Summary
Bearish continuation confirmed on pdOpen breakdown
First support zone: $0.0613–$0.0614
Final downside target: $0.0529–$0.0514
Look for long opportunities only on reaction + confirmation
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ZORA — Parabolic Rally Nearing ExhaustionZORA has been on an explosive run, pumping +1239% in just 20 days. But after such a vertical move, the question is:
Is this rally nearing exhaustion?
Let’s dive into the technicals 👇
🧩 Elliott Wave Structure
Looking at price action through the lens of Elliott Wave Theory, ZORA appears to be completing its 5th wave:
➡️ Wave 3–4 zone: Held around the $0.05 trading range
➡️ Wave 5: Now pushing into the $0.097–$0.103 zone
This area aligns with:
The 1.618–2.0 Fib extension pocket — a typical exhaustion zone for wave 5s
The $0.10 psychological level
🔴 Short Trade Setup
This zone between $0.097–$0.103 is the ideal reversal area to consider shorting, with clearly defined targets and confluence:
Entry: $0.097 – $0.103
Stop-Loss: Above the 2.0 Fib Extension
TP1: Around $0.08
TP2: Around $0.064
Confluence: TP1
Daily Open (dOpen)
0.786 Fib of the local move
0.382 Fib of the 5-wave structure
TP2 (Lower Target):
0.618 Fib retracement of the 5-wave move at $0.064
Risk-to-Reward:
TP1 gives an R:R of 1:8
TP2 offers potential 1:13+
Watch for signs of weakness.
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SUI — Structured Dip Buy Zone You Shouldn't IgnoreSUI has been technically clean, with well-respected Elliott Wave counts and fib levels.
As the broader market dips, it's time to look for sniper long entries and SUI is setting up beautifully for one around the $3.50 zone.
🧩 Key Confluence Zone: $3.50
This level offers a high-probability buy zone, backed by multiple layers of technical confluence:
0.786 Fib Retracement: $3.5029
1.0 Trend-Based Fib Extension: $3.5036
Previous Trading Range POC: $3.4675
Previous Weekly Open (pwOpen): $3.494
🟢 Long Trade Setup
Entry: ~$3.500
Stop-loss: $3.4675
Target (TP): $3.85+
R:R: ~1:3
🛠 Indicator Note
In this analysis I'm using my own indicator:
➡️ DriftLine — Pivot Open Zones
It helps identify key market opens (daily, weekly, prior), which often act as magnet levels and reaction zones.
➡️ You can use it for free — just check out my profile under “Scripts” and apply it to your charts.
💡 Pro Insight: Build Trades Where Tools Agree
A single level is just noise. But when fib retracements, extensions, POCs, opens, and price structure all line up — that’s where conviction trades are made.
The more overlap, the more likely the market reacts — this setup shows just that.
Final Thoughts
SUI is approaching a technically rich zone around $3.50, and this could be one of those low-risk, high-reward long entries if confirmed by price action.
With a clean invalidation and 1:3 R:R, this is the kind of setup you want to plan — not chase.
Set your alerts, stay patient, and trade with structure. 🚀✍️
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SOL — Bullish Retest in Motion: Time to Strike?SOL has finally broken through the $180 barrier decisively — a key zone it failed to clear back in May.
Now we’re seeing a retest, which may offer one final dip before continuation. Let’s break down the next high-conviction long opportunity.
🧩 Key Retest Zone: $182–$180
➡️ Retesting Prior Resistance as Support
SOL broke above $180 with conviction and is now pulling back.
➡️ First Reaction at $184
A clean bounce occurred at the anchored VWAP, but this might not be the final low.
➡️ Strong Confluence at $180–$182 Zone
This zone is packed with support elements:
Weekly Open (wOpen): $181.44
nPOC: $180.85
Anchored VWAP: ~$179.90
0.5 Fib retracement (of the larger wave)
0.786 Fib retracement (of the smaller wave)
0.618 Fib Speed Fan — projected for tomorrow’s price path
1H 200 & 233 SMAs supporting from below
SOL is currently trading at yOpen — another key pivot level to watch
🟢 Long Trade Setup
Entry: Laddered between $182–$180 (ideal long entry would be at wOpen)
Stop-loss: Invalidation at $173.35
Target (TP): TBFE 1.0: $218.45 / 0.618 Fib retracement: $219.21
R:R: ~1:4.5
Potential Move: ~+20%
🛠 Indicator Used: DriftLine — Pivot Open Zones
For this analysis, I’m using my own published indicator called "DriftLine – Pivot Open Zones " feel free to check it out on my profile.
It helps identify and visualise critical opens (daily, weekly, previous days), providing real-time support/resistance zones.
➡️ You can use it for free — just check my profile under “Scripts” and add it to your chart.
💡 Pro Tip: Support Zones Are Stronger with Confluence
Don’t rely on a single fib or level. When opens, VWAPs, SMAs, and fibs cluster, the probability of a strong reaction increases.
This is how smart traders define clear entries and invalidation.
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BTC Buy Setup | Sniper Trading System - Reverse Play🚨 BTC Buy Setup | Sniper Trading System™️ Reverse Play Activated
What you’re looking at isn’t luck — it’s Sniper-level execution.
This BTC reversal trade was triggered by my Sniper Trading System™️, which identifies institutional-level liquidity traps, dealer ranges, and timing zones with precision.
🧠 Setup Highlights:
— Liquidity sweep below key support
— RSI confirming reversal from the Fade Zone
— Dealer Range low respected
— Reversal candle + structure shift = high-probability sniper entry
📍 Chart:
This is powered by my Jesus Saves™️ + Fade Reversal Combo, built into the Sniper Trading System Suite™️.
GBPUSDThe last day of the week presents a very interesting day at a technical level and at a fundamental level for London time. According to my analysis, there is a bullish London with a reversal in NY.
My main premise is: "I'm not predicting what the price will do, but rather what the reaction will be to what it shows me."
GBPUSDIn general terms, I can see that the price is in a bearish channel, accumulating a large part of the supply and inducing it to continue selling. I stick with my plan to sell until my psychological point of 1.27772 since in a week that is my breakout of the BOS. Once I get that liquidity point I will be very attentive since it is a greater induction therefore I will take advantage of all that offer and I will join the sharks to buy and take my part. But since the market is present today, it is giving me a beautiful sales opportunity.
DXY Analysis Sunday 5/10/2020US Dollar Index could possibly play off the zone of Interest (Box Area); I use the Dollar Index as an indicator for my entries on Forex pairs; Positive and Negative correlation relationships. If DXY confirms on to the upside on lower time frame fractal the AUDUSD-NZDUSD will confirm to the downside at the same TIME on lower time frame Fractals. Which in part have a Negative Correlation with GBPNZD-GBPAUD. Inter-Market Arbitrage.