USD/JPY Eyes 151 Resistance After Bullish BreakoutLast week, USD/JPY reached my target at the 146 zone. After testing this support level, the pair began to reverse upward and broke above the falling wedge pattern, signaling a potential trend change.
On Friday, the pair formed a higher low, followed by another one today.
As of now, USD/JPY is trading at 147.75, just below a key horizontal resistance level. A breakout above this level could lead to further upside, with the next target around the 151 resistance zone.
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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.
EUR/JPY Trade Setup: Buying the Dip Toward 160 for a 1:2.5 R/RSince reaching a low around 155 at the beginning of August, EUR/JPY has been trading within a defined range.
Earlier this March, the pair once again tested the lower boundary of this range and, as before, rebounded strongly. A higher low was established at the start of this week, suggesting that 159 may now serve as a new base of support.
In my view, EUR/JPY is likely to continue its upward trajectory, and a move toward 165 could materialize in the near future.
Conclusion:
Pullbacks toward the 160 area should be considered potential buying opportunities. With a stop-loss set around 158 and a target at 165, this setup offers an attractive risk-to-reward ratio of approximately 1:2.5.
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Lingrid | GOLD Weekly MARKET AnalysisOANDA:XAUUSD market remains strongly bullish as we have now reached the psychological level at 3000. The price has broke and closed above the previous resistance zone around the 2955 level, indicating that this area holds significant importance for the market. This suggests that, should the price retest this zone, there is a high likelihood of a bounce.
However, on the daily timeframe, the picture becomes slightly concerning. The price tested the global upward trendline and then closed below it. Historically, after each test of this level, the price has formed a pullback, so we may see a correction in the market this time as well. Given the current strong interest in gold—mainly due to global geopolitical concerns and ongoing tariff wars—the market may only experience a minimal retracement. Overall, any pullback at this stage could present a buying opportunity in anticipation of trend continuation.
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Lingrid | EURUSD Bear-FREE Zone. Potential BUY OpportunityFX:EURUSD price is still consolidating following the significant bullish momentum in the market. Since Tuesday, it has mainly been moving sideways and is currently trading within that range. The market has reached a key resistance zone, but last week, we did not see any potential pullback. It appears that the price may continue to move sideways before making its next move. Notably, an ABC pullback is forming after the its completion, we might see a strong possibility of trend continuation. I expect the price to dip below last week's low, followed by a bullish move from the support level around 1.07800 and the upward trendline. My goal is resistance zone around 1.10000
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Bitcoin under 40k? Possible, but is this also probable?In life, anything is possible , and when it comes to crypto, everything is possible .
But, as I mentioned in my educational post yesterday, there’s a big difference between what is possible and what is probable.
In this article, I want to analyze the possibility of Bitcoin dropping below $40,000 and more importantly, what would need to happen for this scenario to shift from just possible to truly probable.
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BTC — From All-Time High to Distribution?
If we look at the Bitcoin chart, we notice that after the first all-time high very close to $100,000 at the end of November, the market began a consolidation phase.
Although we saw two more all-time highs — one around $108,000 in mid-December and another near $110,000 in January — the entire structure from late November to late February appears to be a distribution pattern rather than a healthy continuation.
Once Bitcoin broke below $90,000, we can consider this distribution phase complete, with a target for short positions around $75,000 — a level I’ve highlighted in my previous posts.
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Long-Term Logarithmic Chart — Diminishing Returns and the Bigger Picture
Looking at the long-term logarithmic chart, we can see a clear pattern of diminishing returns:
• The first major leg up, starting in late 2011, was approximately 600x and lasted about two years, followed by a correction.
• The next leg was 100x, spanning four years, followed by another correction.
• Then, a 20x rally, which lasted just over a year.
• Finally, the most recent leg up has been around 7x.
What’s crucial here is that returns are decreasing and, even more importantly, the last leg up looks more like an ascending channel than a parabolic move like in previous cycles.
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The Significance of the Ascending Channel
This ascending channel is not unusual — the market has matured, and big players are now involved, reducing volatility.
However, ascending channels on the long-term often signal potential reversals, rather than continuation.
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What Would Make $40,000 Probable?
Now, let’s address the real question: What would need to happen for Bitcoin to drop to $40,000?
Zooming in on the logarithmic chart, it becomes evident that the $72,000 - $75,000 zone is a major support confluence.
If this area is broken — meaning a weekly candle closes below this level — the scenario of BTC dropping toward $40,000 becomes probable.
The target zone I’m watching in this case is $32,000 - $36,000, a strong historical support that is clearly visible on higher timeframes.
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Conclusion — Watch the Key Levels, Not What you Hope
To conclude:
• Bitcoin dropping to those extreme levels is possible, but not yet probable.
• Probabilities will shift only if key support levels are broken — specifically $72k-$75k.
• The market has matured, cycles are changing, and returns are diminishing, so expecting a repeat of past parabolic runs may not be realistic.
• As traders and investors, we must focus on the charts and key levels, not on hopium and hype.
Gold Eyes $3,000 Breakout: Buy the Dip Strategy Remains in PlayYesterday, as expected, Gold reached a new all-time high, coming very close to the key $3,000 psychological level.
Currently, the price is undergoing a minor correction, consolidating the strong gains from yesterday — which may present traders with a fresh opportunity to join the prevailing bullish trend.
The $2,955 level, representing the previous ATH, now acts as a key support. However, in my view, Gold is unlikely to revisit this level, as it would be too obvious and heavily watched by the market. Instead, I expect a shallow pullback followed by a new impulsive leg higher, likely pushing the price above the $3,000 mark.
Conclusion:
The strategy remains unchanged — buy dips in anticipation of a breakout to new all-time highs beyond $3,000.
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Lingrid | PEPEUSDT anticipating a BEARISH Move after PullbackBINANCE:PEPEUSDT market declined to its August lows. Given that it has been in a bearish trend for over eight weeks, I anticipate that the price may now move sideways around this level to facilitate accumulation. Typically, following a period of strong momentum, markets tend to consolidate and trade in a horizontal pattern. Observing the price action, we can see that it is forming an ABC pullback, which often precedes a rollback. I expect the market to retest this support level, potentially establishing a range zone. Historically, if we look back, the price has previously formed a range zone before breaking through, and this pattern may repeat itself. My goal is support zone around 0.00000610
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Lingrid | GOLD climbs to 3000: Potential PULLBACK and LONG tradeThe price perfectly fulfilled my previous idea. It hit the target level. The price broke above the February high and is now testing the psychological level at 3000. I think it makes sense to expect some pullback from this key resistance zone. Considering the bullish momentum, the market may just continue moving higher toward the next levels. If we do see a pullback, we have an opportunity to go long at the support zonel and the upward trendline zone. Given that we have high-impact news on the horizon, it could push the price lower, however I expect the weekly candle to close strongly with minimal retracement. My goal is resistance zone around 3030
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Lingrid | USDCHF Corrective MOVEMENT and TREND ContinuationFX:USDCHF market is consolidating after the bearish momentum. We can see the price making lower lows and lower closes showing bearish dominance. The market bounced off the support level and is forming a corrective leg against the major bearish trend. I think the market may retest the resistance zone at 0.88700, which is a range zone that often acts as both support and resistance. If we see a rejection at this area, we can anticipate the continuation of the current trend toward the previous week low. My goal is support zone around 0.87750
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Lingrid | GOLD channel BREAKOUT: All-Time HIGH on the Horizon?The price perfectly fulfilled my previous idea. It hit the target zone. The price of OANDA:XAUUSD is currently at a critical level, as it faces resistance near the weekly high and the February high, where it may struggle to break above. However, the price broke and closed above the upward channel, which is a bullish sign. Overall, the price action is forming an ABC move, with point C expected to complete around the 2975 level. Additionally, the price has broken above a bullish flag pattern on the 1H timeframe. Given the high-impact today, there is a possibility that the price could make a false breakout above the February high before pulling back after the news release, so caution is warranted. I expect the market to complete the ABC move, although there is also a chance that the price may take liquidity above the key resistance before rolling back. My mid-term goal is resistance zone around 2975
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BNXUSDT(BinaryX) Updated till 13-03-25BNXUSDT(BinaryX) Daily timeframe range. despite market downtrend its still on its midrange. buyers are not giving up that easy. if market cools down it got potential. for that it needs to stay above 0.7158. local resistance at 1.2646.
Lingrid | NZDUSD long Trade SETUP in CONSOLIDATION ZoneThe price perfectly fulfilled my previous idea. It hit the target zone. FX:NZDUSD market is currently consolidating after a period of bullish momentum. It has been making false breakouts at previous support and resistance zones, indicating that it is in a sideways trend. The market is approaching the previous day's low, and I believe it may create a false breakout in this zone before moving higher, especially given the prevailing bullish momentum. My goal is resistance zone around 0.57270
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Lingrid | BNBUSDT capitalizing on the PULLBACK OpportunityThe price perfectly fulfilled my previous idea. It hit the target. BINANCE:BNBUSDT market is continuing to create lower lows and lower closes showing bearish dominance. It recently broke below the 600 level and has retested the area above the psychological level of 500. Currently, the price is forming an ABC pullback toward the trendline, with the next key resistance zone around the 600 level. I think the price might rebound from this level and continue to push lower, unless the market formes an impulse leg toward the resistance zone. My goal is support zone around 546.
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Lingrid | GOLD bullish TREND Continuation PotentialOANDA:XAUUSD market tested the 2880 level as I anticipated yesterday. It formed a false breakout from the consolidation zone and moved higher, breaking above the 2900 level and by taking liquidity from below the range zone. Currently, the price is testing the midpoint of the consolidation zone, which typically acts as both support and resistance. Therefore, there is a possibility that the price may roll back, especially if upcoming news proves to be negative for the market. However, this seems unlikely given the current bullish momentum. Since the price has tested the zone below the consolidation zone, I expect it to aim for the zone above the consolidation zone and previous week high. My goal is resistance zone around 2935
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Gold Breaks Out: Is a New All-Time High on the Horizon?Finally, after a week of range-bound trading and a false downside breakout, Gold has found direction and surged to the upside.
As expected, the inflation data served as the catalyst. With the reported figure coming in lower than anticipated, traders are now pricing in potential rate cuts.
Technically, as mentioned, the price broke above the 2930 resistance level and reached a high at 2947 just shy of the all-time high.
Currently, Gold is undergoing a normal correction, which should present traders with an opportunity to buy at lower levels. The ideal buy zone is between 2920 and 2930, with the bullish outlook negated if the price falls back into the previous range.
In terms of targets, the old ATH acts as resistance, but I wouldn’t be surprised if Gold pushes higher and sets a new record above the 2960 zone.
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GBPJPY BULLISH OR BEARISH? TRADE IDEAGBPJPY Trade Idea | 1H Timeframe
Price recently tapped into a key supply zone / resistance trendline confluence, showing signs of a potential rejection from the liquidity grab area marked in yellow.
🔹 Liquidity Sweep above recent highs observed.
🔹 Price is reacting from the supply zone, indicating bearish intent.
🔹 Sell-side liquidity range marked below as potential target zone.
🔹 Expecting price to drop further toward 191.500 – 191.300 range after this minor pullback.
🎯 Entry: Around 192.400
🛑 SL: Above 193.300
✅ TP: 191.300 – Risk-Reward ~3.5R
A clean rejection setup after liquidity manipulation – following smart money concept.
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