Resistance at 1.3T: Is a Deeper Crypto Correction Coming?The long-awaited Trump inauguration, which was expected to trigger an altcoin season, had the exact opposite effect. This once again proves that when the majority of market participants expect one outcome, the market often does the opposite.
After several days of testing support, the "tax policy" announcement triggered a breakdown below the 1.3T level, causing Total 3 to drop around 30% to 1T.
The market is now experiencing a normal rebound, but I am not very optimistic in the medium term.
Technically, 1.3T has now turned into strong resistance. In my opinion, after this rebound, a new leg down is likely.
I expect a drop below 1T, potentially reaching around 900B in the near future.
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EURNZD Testing Key Demand Zone - Bullish Bounce ExpectedOANDA:EURNZD is approaching a significant demand zone, marked by prior price rejections and strong buying pressure. This area has historically acted as a key support zone, indicating the potential for a bullish bounce if buyers regain control.
The current market structure suggests that if the price confirms a rejection from this demand zone, there is a high likelihood of an upward move. I anticipate that if rejection occurs, the market may head higher toward the 1.83800 level, which represents a logical target within the current market structure.
If you agree with this analysis or have additional insights, feel free to share your thoughts in the comments!
Gold Hits New ATH – How Much Higher Can It Go?In yesterday's XAU/USD analysis, I mentioned that a correction could occur, potentially bringing Gold down to the 2770 zone.
I even opened a trade based on this idea.
However, after an initial drop to the 2810 zone, Gold reversed and surged to a new all-time high.
Fortunately, I had not entered a large-volume trade, and with active management throughout the day, I kept my losses minimal.
Now, the key question is: How much higher can Gold go?
Looking at the chart, as I previously explained, Gold has been steadily rising within an ascending channel.
Yesterday, it even broke above the channel’s resistance, and at the time of writing, it is trading at 2860.
In my opinion, buying at this price carries too much risk.
I prefer to wait for a blow-off top and signs of weakness before considering a sell trade.
For now, I am staying out of the Gold market.
NEAR ATH WILL GOLD BREAK ATH OR FALL?Our precious gold keep making new ATH and breaking it another day
So for today new ATH is 2845 and Market rejects our ATH and make resistance over there if the resistance breaks then we can see 2850 first then drop to 2820
otherwise it will drop now📉
Remember to follow money management and use small multiple lots and keep booking profit
GOOD LUCK💪😊
Gold could start a correctionYesterday, after an intraday correction during the Asian session, OANDA:XAUUSD bulls regained control and pushed the price to a new all-time high of 2830.
Since the start of the year, gold has been trading within a tight ascending channel.
Given that the price touched the upper boundary of this channel yesterday, a test of the lower boundary could be expected next.
At the time of writing, the price is hovering around minor support, and a break below this level could expose the 2770 zone.
Despite the strong uptrend, my strategy is to sell into rallies—though this approach carries significant risk.
A new all-time high would invalidate this scenario.
XAUUSD Gold: After correction, a new ATH?The XAUUSD rose to a high of 2786 on Friday, only 30 pip down than the previous all-time high (ATH).
Bulls may be able to enter the market at more advantageous times because the price is currently in a correction phase.
The area around 2740 is a key confluence support and may be a desirable entry point. The end of the correction and the possibility of a new ATH would be signaled by a reversal from this region and a break back above 2760.
However, the positive view would be halted and caution would be advised going forward if the daily close fell below 2740.
Gold remains bullish, but watch closely 2770 zoneLast week, gold reached a new all-time high of 2,815. However, profit-taking on Friday led to a weekly close below the key 2,800 level.
A few hours ago, as the new week opened, the correction continued, but the price is now starting to recover.
Despite this pullback, the overall trend remains bullish. The key support zone for buyers is between 2,765 and 2,770.
As long as this zone holds, the strategy remains to buy on dips.
Bitcoin- Something is Rotten in Denmark- Cause of Concern?In my previous BTC analysis, I mentioned that "it's about time for the price to do something" and highlighted that a breakout above 107k could trigger accelerated upward momentum, potentially leading to a significant new all-time high with a measured target in the 130K zone.
However, following days of low volatility, Bitcoin has started to decline instead of breaking through the resistance.
Overall, the situation is starting to look unfavorable. Despite the positive news surrounding crypto marklet, Bitcoin's inability to break resistance and reach a new ATH is anything but bullish.
From a technical perspective, as of now, the price is hovering just above a local support level.
If this level breaks, it could once again expose the 90K confluence support. Given the current conditions, this seems like the most likely scenario.
In my opinion, if you’re a speculator, the best approach right now is to stay on the sidelines and observe how the market develops.
Dogecoin: Trading What You See, Not What You Hope ForThe crypto world is buzzing about the acronym D.O.G.E., with many hoping this hype will ignite a massive price explosion for Dogecoin.
However, the market has repeatedly failed to deliver. In fact, every rally this year has been met with heavy selling.
As I often say, " trade what you see, not what you dream of ." And from a purely technical perspective, what I see for Dogecoin right now doesn’t look promising.
A Look Back: The Trump Pump and the Aftermath
Dogecoin experienced a massive pump last year, fueled by Trump’s presidential election win. But after the initial euphoria, the market cooled down, and Dogecoin entered a correction phase.
Leading up to Christmas, the price even temporarily dipped below the horizontal support level at $0.35. While the start of 2025 brought a recovery above this support, bulls have struggled to maintain their gains.
The Current State of Dogecoin
Even the brief spike two days ago, which initially looked promising, was quickly reversed. As of now, Dogecoin has returned to this critical $0.35 support line, showing continued weakness.
What’s Next?
Given the current price action, my expectation is that this support will eventually give way. If that happens, we could see Dogecoin drop to around $0.26, a level that might offer stronger support.
The Bottom Line
Dogecoin’s technicals suggest caution, not optimism. While the D.O.G.E. hype might tempt some into dreaming of another rally, the charts tell a different story. If you’re trading Dogecoin, stay focused on the reality of the price action and be prepared for potential downside.
As always, trade wisely and stick to the facts, not the fantasies.
Gold- New ATH after correction?On Friday, FOREXCOM:XAUUSD climbed to a high of 2786, just 30 pips below the previous all-time high (ATH).
Currently, the price is in a corrective phase, which could present an opportunity for bulls to enter the market at more favorable levels.
Key confluence support lies around the 2740 zone, which could serve as an attractive entry point. A reversal from this area, followed by a break back above 2760, would indicate the end of the correction and signal the potential for a new ATH.
However, a daily close below 2740 would halt the bullish outlook and suggest caution moving forward.
ORANGE JUICE Testing Key Support: Will Buyers Step In?FUSIONMARKETS:OJ has reached a significant demand area that has historically attracted buyers, leading to bullish momentum. This support level aligns with prior price reactions and represents a strong foundation for potential upward moves.
If the support holds and bullish confirmation appears, such as bullish engulfing candles or long lower wicks, I anticipate a move toward 502.70 level. Conversely, if the support is broken, the bullish outlook could weaken, paving the way for further declines.
This is not financial advice but rather how I approach support/resistance zones. Remember, always wait for confirmation, like a rejection candle or volume spike before jumping in.
Please boost this post, every like and comment drives me to bring you more ideas! I’d love to hear your perspective in the comments.
Best of luck , TrendDiva
Silver- Bulls need 30.50 breakAs I mentioned in my previous posts, I’m bullish on OANDA:XAGUSD and expect a rise to $32.
However, the price action lately has been choppy and constrained in a range between $31 and around $30.
The good thing is that bulls have defended the $30 zone well so far. At the time of writing, silver is trading just under the $30.50 median of the range. A break above this level should help clarify things and open the door to $31, with potential acceleration toward my $32 target.
I’ll remain bullish as long as the price stays above $30 on a daily close basis.
Gold Price Analysis: Bulls Regain Control After CorrectionGold started the week with a correction, dropping to a low of 2730 on Monday.
Following this pullback, bulls regained control, pushing the price back above the key 2760 resistance level yesterday.
At the time of writing, the price is hovering around this level.
Even if there is a dip below 2760, the overall trend remains bullish as long as the 2745-2750 support zone holds.
In conclusion, I remain bullish as long as support holds and will look to buy on dips. Bulls could aim for a new all-time high as their target, while a daily close below 2745 would shift the outlook to bearish.
EURGBP Testing Resistance – Pullback Toward 0.8407 ExpectedThe EURGBP pair is approaching a key resistance zone, where sellers are likely to step in. The current structure suggests a potential rejection at this level, with the price expected to pull back toward the 0.8407 level, which represents a logical target for this setup.
This setup aligns with the idea of a short-term correction from resistance, offering a potential short opportunity if rejection is confirmed.
SEKJPY at Major Resistance - Could it Reach 14.133?SAXO:SEKJPY is approaching a key resistance level that has previously triggered bearish reversals. While current bullish momentum has driven the price into this zone, it could present an opportunity for sellers to step in.
If bearish signals such as rejection wicks or bearish engulfing candles appear, a move toward 14.133 could follow. On the other hand, a breakout above this resistance would invalidate the bearish bias and signal potential for further upside.
Key Takeaway: Wait for clear rejection patterns before considering short positions.
PALLADIUM - In a significant resistance levelOANDA:XPDUSD is approaching a significant resistance level that has previously seen bullish momentum. This area aligns with a notable supply zone and could present a potential selling opportunity.
If bearish signals, such as rejection wicks or bearish candlestick patterns, appear, the price may decline toward 993,000. Crossing above this resistance zone would diminish the bearish perspective and indicate bullish continuation.
Key Takeaway: Monitor price action closely at this level and prioritize strong risk management. What’s your perspective on this setup? Share your thoughts in the comments!
Pepe’s Weak Price Action Signals Trouble AheadAs with many coins, Pepe saw a massive pump following Trump’s election, with the coin hitting a new all-time high (ATH).
However, the bullish momentum quickly faded. After a marginal new ATH at the beginning of December, the price dropped back to the old resistance level, which had turned into support.
In early 2025, bulls made two more attempts to push the price higher, but both efforts failed, sending the coin back to the support zone.
This kind of price action suggests growing weakness. I expect the current support zone to eventually break. If that happens, the coin could accelerate its decline, potentially targeting the 0.000007 area.
Solana- Two bullish targets (320 and 380)The launch of BINANCE:TRUMPUSDT gave a boost to BINANCE:SOLUSDT with the price breaking above 220 local resistance and soaring with more than 30% to 295.
As expected after such a rally, the price entered a correction phase, and at the time of writing, Solana is trading around $260.
Symmetrical Triangle Formation: A Bullish Sign?
During this consolidation period, a symmetrical triangle pattern has emerged on the charts. This formation is often a signal of a continuation of the prevailing trend. If Solana manages to break through the triangle's resistance, it could lead to an acceleration of the upward momentum.
Potential Targets for Solana
Based on classical technical analysis, the first target is calculated using the triangle's base. This suggests a potential rise to $320. However, if we consider the momentum from the previous leg up, the target could stretch as high as $380.
Outlook: Bullish Above $200
Regardless of which target is reached, Solana remains strongly bullish as long as it holds above the critical $200 support level.
Traders and investors will want to keep a close eye on price action, especially for a breakout of the current consolidation.
XAU/USD Analysis: Strong Bullish Outlook and Key Trading LevelsAs you know, my overall outlook on Gold (XAU/USD) is bullish, and I anticipate a new all-time high in the near future.
However, yesterday, I highlighted the potential for a short-term correction, identifying the 2725-2730 zone as possible support.
While the price did experience a pullback, it didn’t quite reach this level, but my pending sell order wasn’t activated either. As a result, I stayed out of the market.
Looking at price action since the start of the year, it’s evident that every dip has been aggressively bought.
This was especially clear yesterday, as after a significant rally and the test of a key resistance level, the price didn’t even manage to drop to the median line of the ascending channel.
The conclusion is simple: XAU/USD is strongly bullish.
Key Levels and Strategy:
In this context, the only viable strategy is to buy dips. The key levels of interest are:
• 2760 – a critical level to watch for potential entries.
• 2735 – yesterday’s low and another area of potential support.
The next target for a potential high could be set around 2840, based on the current market structure.
Final Thoughts
Given the strong bullish momentum, patience and precise entries will be essential for achieving good risk:reward. Look for pullbacks to the key levels mentioned above as opportunities to join the trend.
Happy trading, and let’s aim for that new all-time high!
AudUsd could rise to 0.65AUD/USD is another USD major pair that I’m bullish on.
As shown in the posted chart, AUD, like many other currencies, faced a challenging time during the final quarter of 2024.
However, after hitting a new low at the beginning of 2025, the pair has reversed course and broken back above the falling trendline.
Additionally, a combination of bullish reversal candles and the formation of an inverted head and shoulders pattern further supports the bullish outlook.
In this context, my strategy is to buy on dips, aligning with the positive technical setup.
NICKEL: Sell Setup at Key ResistanceCAPITALCOM:NICKEL is at a key resistance zone. This zone has consistently acted as a key area of interest where sellers regained control, leading to prior reversals. If the price confirms rejection through bearish price action, such as wicks signaling rejection or bearish engulfing candles, I anticipate a move downward toward the 15865.08 level.
However, if the price successfully breaks and holds above the zone, this would invalidate the bearish outlook and could open the door for further upside. Traders should monitor price action closely at this critical resistance area.
Proper risk management is essential, given the possibility of price breaking higher.
XAG/USD Analysis: Falling Wedge Breakout Signals More UpsideAs I mentioned in my previous analysis, I am bullish on OANDA:XAGUSD , in addition to Gold.
The price has now clearly broken above the falling wedge’s resistance.
Since Monday, this breakout has proven to be genuine, with dips being consistently bought by traders.
Currently, the price is facing minor resistance just below the 31.00 level.
If this resistance is broken, we could see an acceleration toward my target of 32.00.
As long as the 30.00 level remains intact, Silver maintains its bullish outlook, and buying dips should remain the preferred strategy.
Why I Like Chainlink: A Technical Perspective with 40$ targetAs I’ve mentioned before, one of the reasons I favor BINANCE:LINKUSDT is its strong adherence to technical patterns. This characteristic makes it a reliable asset for chart-based trading strategies.
Let’s break down the past:
• Accumulation Phase: From May 2022 to October 2023, LINK underwent a long, one-and-a-half-year accumulation phase. This created a solid foundation for future price action.
• Breakout and Corrections: After the accumulation ended, LINK experienced an upward move, followed by a correction that perfectly tested the resistance of the previous accumulation zone.
• New local Highs: A subsequent rally took the price to around $30, followed by another correction. This time, the correction confirmed a previously broken resistance level as new support, which acted as a springboard for another reversal upward.
The technical behavior of LINK stands out as methodical and predictable, with clear levels of support and resistance consistently respected.
Looking ahead, I anticipate that LINK will continue its upward trajectory, with a potential target of $40.
My strategy is buying dips.
However, a definitive break below recent support would force a reassessment of this outlook.
In conclusion, LINK’s well-structured price movements make it an excellent candidate for those who favor technical analysis in their trading approach.