How To Spot The Next Big Algorand Crypto Move!In the fast-paced world of crypto trading, many traders gravitate toward intraday and scalping strategies, chasing quick profits while often ignoring the powerful signals presented by higher timeframes. Yet, the smart money — institutional players, whales, and seasoned swing traders — operate differently. They focus on bigger timeframe supply and demand imbalances to enter high-probability trades with calculated risk and substantial reward potential. One such opportunity is currently setting up in Algorand ( BINANCE:ALGOUSDT ).
Why Higher Timeframes Matter in Crypto Trading
Most crypto traders operate on the 1-minute to 15-minute charts. While this can be effective, especially with crypto intraday strategies, it often leads to overtrading and emotional decision-making. In contrast, higher timeframes — such as the daily and weekly charts — provide clearer market structure, show major supply and demand imbalances, and are less noisy.
These timeframes reveal where whales and institutions place large orders, creating impulsive moves that leave behind clues for patient traders. Ignoring these clues is akin to trading blind.
The Weekly Demand Imbalance on BINANCE:ALGOUSDT
BINANCE:ALGOUSDT is currently showcasing a textbook example of a solid and strong weekly demand imbalance around the $0.1380 level. A few months ago, this zone sparked a massive bullish impulse — a series of consecutive large-bodied white candlesticks that broke through resistance with conviction.
Such moves don’t happen randomly. They’re often the result of institutional accumulation — smart money stepping in with size. These large players create imbalances where demand far outweighs supply, causing prices to rally aggressively. The key for retail traders is to identify the origin of these moves and wait patiently for the price to return.
Support and Resistance
BRENT outlook: Watching for a move toward the upper boundary (D)Price is currently trading within a broad range, and the main expectation is a move toward the upper boundary — but confirmation is key.
I'm watching the high of the May 22 bar as a key level, since it holds the highest traded volume in recent days.
If price breaks and holds above 64.987 ,
🎯 First target: 67.791
🎯 Second target: 68.619
CAKEUSDT Pump📊 On the 4H BINANCE:CAKEUSDT chart, price has broken above the mid-term channel resistance and is currently pulling back. If the support zone holds, there’s potential for continuation toward higher resistance levels. A bullish reaction from the 2.299 USDT area could validate the next leg up.
🔄 If the correction deepens, the highlighted pink zone offers a strong re-entry opportunity. Key targets on the upside include 2.570, 2.740, and potentially 2.940 USDT if momentum continues.
✅ Key Support Levels:
🟥 2.401 USDT
🟥 2.299 USDT
🟥 2.035 USDT
🟥 1.830 USDT
🚫 Key Resistance Levels:
🟩 2.570 USDT
🟩 2.740 USDT
🟩 2.940 USDT
BTC/USD – 1D Analysis
1️⃣ Market Structure
BTC remains ultra bullish. A new high was hit last week at 112K.
Since then, price is consolidating slightly around 110K with no major weakness showing.
2️⃣ Key Levels
📍 Main support: 108K (previous ATH)
🎯 Current resistance: 112K
🧭 Fibo extensions: targets projected at 130K–135K
3️⃣ Context & Momentum
🏦 Institutional interest remains strong
💵 Weakening USD = bullish for BTC
⚖️ Overall sentiment still favors upside despite market caution
4️⃣ Scenarios to watch
📈 Bullish: Break above 112K could trigger a run to 130K+
📉 Bearish: Break below 108K may open room for a retest of 103–100K
✅ Conclusion
BTC is gearing up for the next leg. As long as 108K holds, the bias stays bullish.
📆 This week could be the one that triggers the breakout.
GOLD → Correction before possible growthFX:XAUUSD entered a liquidation phase (rally) within the trading range at the opening of the session. The dollar's rise is to blame. The focus is on supporting consolidation...
Investors remain interested in gold as a safe haven asset amid geopolitical risks and declining demand for US assets.
The key drivers remain news about tax reform in the US, trade negotiations, and upcoming macro data.
Gold is consolidating, but since the opening of the session, the price has been heading towards support. Against the backdrop of an upward trend, a trigger for bearish liquidity is likely to form before growth.
Against the backdrop of the dollar's growth, gold is entering a correction phase. At the moment, all attention is on support and the liquidity zone of 3265. A false breakdown will trigger a price buyback.
Resistance levels: 3322
Support levels: 3282, 3265
Since the price is still within the range and a countertrend correction is forming in the market, in our case, it is worth considering an intraband trading strategy. A false breakdown of support could trigger growth to intermediate resistance or to the upper border of the channel.
Best regards, R. Linda!
BITCOIN → False breakout of 110K. Negative background???BINANCE:BTCUSDT.P hit a new all-time high of almost 112K on the back of improved economic and fundamental data, but the party didn't last long before Trump's next speech...
Yesterday, Trump spoke and announced new tariffs on the EU. The markets reacted quite aggressively to this news. Despite the fact that the market has practically bought back all the losses, the question itself remains open. The introduction of 50% tariffs on Europe will increase the risk background, which could trigger a fall in both the stock market and cryptocurrencies. In this case, money will flow into gold (a safe asset)...
Technically, Bitcoin is forming a false breakout of the global resistance level of 110K (previous ATH). The price is reacting and forming a bearish momentum (coinciding with the change in the fundamental background).
The area between 109.8 and 110.3 is a resistance and liquidity zone relative to the previous ATH. If the bears hold the resistance, Bitcoin may get stuck inside the 110K - 106.8K (105K) range.
Resistance levels: 109.8K, 110.3K, 112K
Support levels: 106.8K, 105K
Accordingly, if the 110K resistance holds amid the correction, consolidation below the resistance will confirm the formation of a false breakout, and in this case, Bitcoin may move to the 110K (112K) - 105K (102K) range. However, situations change daily, and if Bitcoin does break through 110K and manages to consolidate above its previous ATH, this will be a signal for growth...
Best regards, R. Linda!
What is Bitcoin Dominance, and When Can We Expect Altseason?What is Bitcoin Dominance, and When Can We Expect Altseason?
✅ In the fast-paced and ever-changing world of digital currencies, traders and investors are continually seeking signs and tools to aid them in making informed decisions. One key sign is Bitcoin Dominance (BTC.D).
Understanding this and examining its chart can provide us with important clues about what the market might do next, especially regarding when Altseason (the period of growth for altcoins) might begin.
CRYPTOCAP:BTC.D
What is Bitcoin Dominance (BTC.D)?
Simply put, Bitcoin Dominance indicates the percentage of the total value of all digital currencies that is held by Bitcoin. For example, if the total value of all digital currencies is $1 trillion and Bitcoin's value is $600 billion, then Bitcoin's Dominance is 60%.
This number is very important because:
It shows market feeling: When Bitcoin Dominance goes up, it usually means money is moving to Bitcoin as a safer option, and people are less willing to take risks. When Bitcoin Dominance goes down, it can mean people are more confident in altcoins and are ready to take more risks for bigger profits.
It shows money flow: Changes in BTC.D show how money is moving between Bitcoin and altcoins.
❓ What is Altseason?
Altseason is a time in the digital currency market when altcoins (digital currencies other than Bitcoin) do much better than Bitcoin, and their prices go up a lot.
During Altseason, money often flows from Bitcoin to altcoins, and many altcoins can see their prices increase many times over.
Looking at the Current Bitcoin Dominance Chart and forecasting Altseason
If we look at the provided chart for Bitcoin Dominance (BTC.D), we can see a few key things:
Long-term upward channel: The chart shows that Bitcoin Dominance has been in a long-term upward path. The bottom of this path is marked by a blue support line , and the top is marked by a red resistance line . This means that, in the bigger picture, Bitcoin's control over the market has been growing.
Broken short-term upward trend: There was a shorter-term upward trend line (shown in black on the image) that the price broke below on May 9th . This break could be an early warning sign that Bitcoin's dominance might be weakening in the short term, and its dominance might start to fall.
⚠️ But here is a very important point:
We cannot be sure that Altseason has definitely started until the price clearly breaks below the main support line of the channel (the blue line) and stays below it.
The break of the short-term upward trend line (black line) is an early signal. However, to confirm a change in the trend and the possible start of a significant Altseason, we need to see stronger support levels, like the blue support line on the chart, get broken.
⏳ So, When Should We Expect Altseason?
Based on the chart analysis and the points mentioned:
Early Sign: The break of the short-term upward trend line (black) on May 9th might make people pay more attention to altcoins, but it's not enough on its own.
Key Condition for Altseason: The most important signal for the start of a real Altseason would be if the Bitcoin Dominance price breaks below the blue support line of the long-term upward channel. As long as Bitcoin Dominance stays above this support line, Bitcoin will likely keep its relative strength in the market, and altcoins might only see limited growth or could even face selling pressure.
Conclusion:
Analyzing Bitcoin Dominance is a useful tool for understanding how the digital currency market works and for predicting possible trends. Right now, because the short-term trend line has been broken, the market is at a sensitive point. However, traders and investors should watch the BTC.D price movements very carefully and wait for stronger confirmations, especially a possible break of the blue support line, before announcing the start of Altseason.
Analysis of gold trend at night and how to arrange it🗞News side:
1. Trump's view on Russia is not optimistic
2. Trump boasted in a post that his threat to impose tariffs on the EU worked
📈Technical aspects:
Gold does not seem to have a strong rebound. After touching 3305, the rebound momentum has weakened and it has been hovering between 3300-3290. Judging from the hourly chart, I think it is still in a state of correction. Then we may see another drop in the evening to accumulate momentum. This is why I chose to manually close the position near 3300 while waiting for the rebound just now. In the evening, bros can pay attention to the support line of 3280-3270 below to look for entry trading opportunities.
If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices.
FOREXCOM:XAUUSD FXOPEN:XAUUSD TVC:GOLD FX:XAUUSD OANDA:XAUUSD
Fiverr International | FVRR | Long at $26.32If AI/AGI is really taking our jobs, the gig economy will prosper... right?
While Fiverr International's NYSE:FVRR market cap is just under a billion, the company has experienced significant revenue growth since 2019. Earnings grew by 395.7% over the past year and are forecast to grow 24.68% per year. Cash flow is also expected to rise. The company has a low float (30.4M) but a price-to-earnings of 52x (caution). While competition in the gig economy is tough (I see you NASDAQ:UPWK ), NYSE:FVRR may be gaining upward momentum as the stock starts to bottom in the near-term. The price gaps on the daily chart near $20 and $22 may be closed before a strong move up, but the price is now consolidating within my historical simple moving average. When this happens, often (but not always), the ticker will trade sideways for a while before reversing up.
Thus, at $26.32, NYSE:FVRR is in a personal buy zone.
Targets
$34.00
$40.00
Bitcoin Hits New All-Time Highs — Rally Targets $130K+Bullish Momentum Accelerates:
Bitcoin has reached new all-time highs, confirming a strongly bullish technical outlook. Accelerating upside momentum and growing investor confidence are driving the current rally.
Breakout Confirmation:
A decisive breakout from a broadening wedge pattern has unlocked potential targets in the $130,000–$135,000 range, signaling a likely continuation of the uptrend.
Key Support Levels:
With Bitcoin now trading well above $106,000, the previous resistance at $108,000 is expected to act as strong support during any pullbacks — providing a clear risk threshold for traders.
Favorable Risk-Reward Setup:
This alignment of:
Strong momentum
Completed consolidation
Successful breakout
...creates a compelling risk-reward scenario and reinforces the case for continued upside in the current bull cycle.
Bitcoin may just be getting started on its next leg higher. 🚀🔥
#Bitcoin #BTC #AllTimeHigh #Crypto #TechnicalAnalysis #Bullish #Breakout #MarketMomentum #CryptoTrading #CryptoMarket
How to Use Fixed Range Volume Profile on TradingView
1️⃣ Why Fixed Range Volume Profile Matters
✅ It helps you spot real price structure where traders were active, not just where price passed through.
Useful for:
Identifying Supply & Demand zones
Understanding nstitutional activity (volume concentration = likely smart money involvement)
Analyzing range-bound markets
Confirming pullbacks or entries in trending setups
There are two different tools: one is called Volume Profile, and the other is Fixed Range Volume Profile. To learn more about them, check out the link below.
Volume Profile Indicators: basic concepts: www.tradingview.com
Fixed Range Volume Profile: www.tradingview.com
2️⃣ What is Volume in Trading?
Volume refers to the total number of units (e.g., shares, contracts, coins) traded during a specific time period. It measures the market's participation.
✔️ High Volume = strong interest and confirmation of price moves.
❌ Low Volume = weak conviction, indecision, or potential false moves.
Volume is calculated by counting all completed trades in a candle both buying and selling.
Learn more about volume here: www.tradingview.com
3️⃣ What is Fixed Range Volume Profile?
Fixed Range Volume Profile is a tool you can draw on your chart to check how much trading happened at different price levels, but only within the range you select. You pick the start and end point, and the tool shows volume activity just in that area.
It shows three main levels:
🔴 Point of Control (POC): the price where the most trading happened
🟢 Value Area High (VAH): the highest price in the area where most trades occurred (about 70% of total volume)
🔵 Value Area Low (VAL): the lowest price in that same area
These three levels show the price range where most trading took place also called the value area.
4️⃣ Why Fixed Range Volume Profile Matters
It helps you spot real price structure where traders were active, not just where price passed through.
Useful for:
Identifying Supply & Demand zones
Understanding institutional activity (volume concentration = likely smart money involvement)
Analyzing **range-bound markets
Confirming pullbacks or entries in trending setups
5️⃣ How to Use Fixed Range Volume Profile on TradingView
Steps:
1. First, look for a clear range on your chart. A range is a sideways movement where price is mostly moving back and forth instead of trending.
2. I like to use the 4-hour chart for this, but you can use any timeframe. Using candles with clearer shapes can help you see the range more easily.
3. Once you see a range, go to the left-hand toolbar and select the Fixed Range Volume Profile tool.
4. Click at the beginning of the range, then drag your mouse to the end of the range.
5. Let go of the mouse, and the volume profile will appear on that section of the chart.
Analyze:
POC: Price may often return to this level because it's where most trading happened
VAH: Price could have a harder time moving higher if it reaches this level may act like resistance
VAL: Price may find support around here — traders bought more in this area
1. Find the Range
2. Draw your Profile
3. You should treat your volume range like a basic support and resistance level. What you want to see is a flip between support and resistance.
4. If the price breaks above the volume profile and keeps going higher, you want it to come back and retest that same range this time acting as support.
5. Your entry should be near the support. Your stop-loss should be placed above the high of the breakout or a logical structure. Of course, setting a stop-loss always depends on more context, like the overall market structure and your risk management plan.
6️⃣ Practical Scenarios
✔️ Use it during sideways or quiet market phases (called consolidation) to see where most of the trading happened before the market moved
✔️ Try it on pullbacks in trending markets to check if price is returning to an area of high volume
✔️ Draw profiles on different price swings to spot areas where volume keeps showing up again and again
Example:
⚠️ Limitations
Fixed Range Volume Profile might not work well when:
The asset has very little trading volume (like new coins or very small stocks)
There’s a big news event causing unexpected volume spikes
The market is moving fast in one direction, and the volume zones don’t hold
⚠️ A couple of common mistakes traders make when using Fixed Range Volume Profile:
They apply it in trending markets. This tool works best in sideways or ranging markets, not when price is trending strongly up or down.
They include breakout volume. Breakouts often include forced liquidations or trapped traders this can create misleading spikes in volume.
7️⃣ Summary
Fixed Range Volume Profile helps you see where most trades happened in a specific part of the chart. It highlights price zones where traders were most active, which can help you understand possible support, resistance, or value areas.
✅ Good for:
Markets that are going sideways
Double-checking volume around key levels
Spotting price zones where support or resistance might appear
Disclaimer: This is not financial advice. Always do your own research. This content may include enhancements made using AI.
OKLO eyes on $30.95: Golden Genesis fib that might cause a Dip OKLO getting a lift along with the nuclear sector.
We have just hit a Golden Genesis fib at $30.95.
Look for a Dip-to-Fib or Break-n-Retest for entry.
.
Previous Analysis that called last years TOP:
==========================================
.
TEM eyes on $58: Double Golden fibs and obviously STRONG zone TEM has fallen to a Double Golden fib zone.
$58.10 is a Golden ratio of Top down wave.
$58.38 is a Golden Genesis fib (bottom up).
Key level here and a Do-or-Die for bulls.
=====================================
Previous Analysis that caught a bottom nicely
========================================
.
This Hidden Altcoin Could Explode—But Only If THIS Level Holds!Yello Paradisers, have you seen what’s quietly brewing on REZUSDT? A high-probability bullish reversal setup is forming, and if this level holds, it could lead to one of the cleanest altcoin plays we’ve seen recently. This isn’t just about one signal—REZUSDT is showing a rare confluence of bullish indicators that deserve your full attention.
💎Currently, REZUSDT is moving within a descending channel while printing a bullish divergence on momentum indicators. At the same time, a textbook W-pattern has just formed, and what makes this even more significant is that it’s happening right at a support zone. This triple confluence—descending channel, bullish divergence, and W-pattern at support—is increasing the probability of a bullish breakout in the coming sessions.
💎From an entry perspective, those looking for more favorable risk-to-reward (RR) could benefit from a deeper pullback. That would offer a higher probability setup and tighter risk management. However, for aggressive or short-term traders, the current level still offers a 1:1 RR, which, while not optimal, is acceptable under strict trade management and position sizing.
💎That said, there’s a critical invalidation point that must be respected. If the price breaks down and closes a full candle below the support zone, it would invalidate the entire bullish structure. In such a case, the only professional move is to stay out and wait for cleaner confirmation or a better-developed setup. There is no room for hope in trading—only strategy and discipline.
🎖Strive for consistency, not quick profits. Trade smart, Paradisers. This setup could be a gift for the patient and a trap for the impulsive. The key is always the same—discipline, patience, and strategic execution. Stay sharp, stay focused, and keep protecting your capital.
MyCryptoParadise
iFeel the success🌴
EURAUD Swing Trade (Long)After seeing price come into the premium of the daily structure and a strong level of daily support we are now seeing an inverted head and shoulders pattern, which can be seen on the daily and 4h timeframes.
If we see a daily candle break and close above the orange resistance zone (which is also the neckline of the inverted head and shoulders pattern) then i will be looking for price to come back to retest the neckline to target the daily HH (1.8400)
Best Practice: Prepare, Assess, Plan Then TradeTraders are often eager to jump straight into the next trading session but this may not always be the best option to chose. It can be more beneficial to follow a regular pre-trading routine to note down important scheduled events, establish current trends, as well as meaningful support and resistance price levels, and importantly this doesn’t have to be time consuming.
This is not meant to be that trading ‘holy grail’ but more of an addition to your existing trading process or plan. Having a regular routine to establish important levels, indicator set-ups and price trends to be aware of during your trading day may help you make trading decisions in a more effective way.
This pre trading routine can also be helpful for traders that take longer term positions, as it’s still important to consider the longer-term weekly perspectives as well.
This routine can be carried out at the weekend and then monitored and, where necessary, modified during the week as price action develops for the particular CFD(s) you are trading.
1. Keep Informed of Important Data Releases
If there are several CFD’s you regularly trade and tend to stick with, make sure you have as much information about those assets as possible before you start trading.
Consider utilising the Pepperstone trading calendar to help keep you informed of any economic releases/company earnings data that might impact the CFD you are trading before the week/session starts.
Once you know the scheduled events ahead, you can ask yourself,
Could these impact my trading?
Could the market reaction to this new information increase the volatility of the CFD I am about to trade or already have a position in?
How may this impact my risk?
Knowing what it is expected by the market before a particular important economic data release, such as US Non-farm Payrolls, can help you assess positioning going into the release, gauge market reaction to the data, and then be prepared for any potential price sentiment change and/or increased volatility.
2. Be Aware of Potential Support and Resistance Levels
Ahead of your trading day, consider running through the Pepperstone charts of the CFD’s you are considering trading and make a note of 3 support and resistance levels, that you identify as being meaningful. To help you we have set out an example Trading Template below.
Daily: Level: Reason: Current Trend: Current Thoughts:
Support
1st:
2nd:
3rd
Resistance
1st
2nd
3rd
Keep this next to your trading screen, so you are aware of particular levels that may act as support and resistance, if prices move in that direction. This can help you to improve trade entry or assist you with the placement of a stop loss or take profit order.
If these levels are broken at any time, you can update the template with any new support/resistance levels during the trading period.
3. Be Aware of the Daily Trends – Focus on Bollinger Bands
Using the direction of the daily Bollinger mid-average can be helpful to gauge the direction of the daily trend.
If the,
Mid-average is moving up = price uptrend
Mid-average is moving down = price downtrend
Mid-average is flat = possible price sideways range
The daily and weekly perspectives are the most important to be aware of, so it can be beneficial to analyse the charts from the longest timeframe into the shortest as this allows you to build a better understanding of the dominant trends.
You can also note these trends on the Trading Template, so it’s available to you when you are trading.
4. Follow the Same Process for All Other Timeframes - 4 Hour, 1 Hour, Even Shorter if it Suits Your Trading.
You can carry out the routine outlined in point 3, for any timeframes you are trading.
Things to note,
Are there any new trends suggested within a shorter term perspective by the Bollinger mid-average?
If the direction of a shorter term mid-average has changed, it may be an indication of either a change or resumption of a longer term price trend.
If this trend change also looks to be resuming within the longer term perspectives, this could be a more important signal, as the resumption of an existing longer term trend may mean a more extended move in that direction.
Be aware, confirmation of a price trend change within a longer term perspective might mean it could take longer and offer less trading opportunities, as initially price moves may be less aggressive in nature.
5. Where, Within the Various Timeframes is Price in Relation to the Bollinger Bands?
As we have highlighted in a previous commentary (please take a look our past posts), Bollinger Bands can highlight increasing price volatility within a trend.
Things to note regarding Bollinger Bands,
Are the upper or lower bands being touched by prices within any of the timeframes?
Within a sideways range (flat mid-average) this might suggest price has reached either a support or resistance level, with potential for a reversal.
While being touched, are the upper and lower bands starting to widen which indicates increasing price volatility, or contract, which indicates decreasing price volatility?
Remember - widening bands within a confirmed trend highlight increasing volatility, suggesting the current price move might continue for longer than you may anticipate, while contracting bands, point to decreasing volatility, which may lead to a reduction in a particular CFDs price movement.
Do the timeframes align?
If they do it may suggest a stronger trading opportunity is evident. CFDs within trending markets seeing increasing volatility tend to offer greater potential than those that aren’t.
In this scenario it maybe worthwhile considering only trading with the trend, not trying to pick bottoms or tops of markets, or if you do, consider a more cautious approach to your trading by reducing the size of your position and risk.
The material provided here has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Whilst it is not subject to any prohibition on dealing ahead of the dissemination of investment research, we will not seek to take any advantage before providing it to our clients.
Pepperstone doesn’t represent that the material provided here is accurate, current or complete, and therefore shouldn’t be relied upon as such. The information, whether from a third party or not, isn’t to be considered as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product or instrument; or to participate in any particular trading strategy. It does not take into account readers’ financial situation or investment objectives. We advise any readers of this content to seek their own advice. Without the approval of Pepperstone, reproduction or redistribution of this information isn’t permitted.
Short Setup ActivatedNote: If price reaches the daily order block before hitting the entry zone, the probability of a successful trade decreases.
🔍 My Trading Approach:
My trading and analysis are primarily based on market liquidity and how price tends to move toward areas where liquidity is pooled.
I use two main concepts in my strategy:
Fair Value Gaps (FVGs) to identify setups and entry zones
Measured Moves (MMs) to define target levels
🎯 Profit-Taking Rule:
I usually secure profits once price has moved at least 1.5 times the initial stop-loss distance in my favor. FOREXCOM:EURUSD
Nifty Analysis EOD – May 27, 2025 – Tuesday🟢 Nifty Analysis EOD – May 27, 2025 – Tuesday 🔴
Another day, another 25K fight. Bulls tried hard, but bears had the final say — what about tomorrow?
📊 Nifty Summary:
The market opened with a slight gap-down of 38 points at 24,958. Within just 10 minutes, Nifty slid 207 points below the previous day’s low, diving into the 24,768–24,800 zone. It briefly halted around 24,737 — marking the first low of the day — and then suddenly reversed sentiment with a rapid 295-point rally within 45 minutes, breaking CPR, PDH, and even touching the previous week’s high. However, this strength didn’t last long. Gradually, Nifty fell back toward VWAP, broke below the current day low, and formed a new low at 24,704. It eventually closed at 24,826 — above the 24,768–24,800 support zone but below the PDL.
The rally between 24,768 and 25,062 was surprising in both speed and size. It didn't feel like short-covering or fresh buying, but it certainly caught many traders off-guard and likely led to position adjustments.
🛡 5 Min Chart with levels
📉 Intraday Walk:
🔻 Sharp fall within first 10 mins: 24,958 → 24,737
🔼 Sudden spike: 24,737 → 25,062 (rally of 295 points in 45 mins)
🔻 Gradual drop back to VWAP and beyond
🧭 Final dip: new low of 24,704 before recovery
✅ Closed at 24,826 — still above a key support zone
🧠 Key Observations:
Today's low (24,704) aligns near the 0.618 Fibonacci retracement from swing low to PDH — suggesting a potential end to the 3-day retracement phase if it holds.
Fair Value Gap (FVG) from May 22–26 is now filled, suggesting fresh buying interest may re-emerge.
But... closing below PDL (24,900) is a concern and hints at continued pressure.
It’s the fifth day of rejection from the 25,062–25,070 supply zone — a major wall to breach.
🕯 Daily Time Frame Chart
📉 Daily Candle Breakdown:
Open: 24,956.65
High: 25,062.90
Low: 24,704.10
Close: 24,826.20
Change: −174.95 (−0.70%)
🔍 Candle Structure
Real Body: Red (130.45 points) — signifies selling pressure
Upper Wick: 106.25 points — resistance near high
Lower Wick: 122.10 points — buyers tried to fight back➡️ Resembles an Inverted High-Wave Candle: signals indecision with bearish bias
Price volatility was intense. Bulls showed strength mid-day, but bears had better endurance. This candle may lead to further weakness unless buyers reclaim 25,063 quickly.
🛡 5 Min Intraday Chart
🥷 Gladiator Strategy Update
ATR: 314.6
IB Range: 178.7 (Medium)
Market Structure: Imbalanced
🎯 Trade Highlights:
🟥 9:20 Short Trigger → No trade (unfavourable R:R, System not Allow)
🟩 11:30 Long Trigger → SL Hit
🟥 14:20 Short Trigger → SL Hit
📉 Total Trades: 2 (Both hit SL)
Tough day for the system — range extremes and sudden reversals ruled the game.
📌 Support & Resistance Levels
📈 Resistance Zones:
• 24,882 ~ 24,895
• 24,920
• 24,980 ~ 25,000
• 25,062 ~ 25,070 (5th rejection!)
• 25,116 ~ 25,128
• 25,180 ~ 25,212
• 25,285 ~ 25,399
📉 Support Zones:
• 24,768 ~ 24,820
• 24,660
• 24,640 ~ 24,625
• 24,590
• 24,530 ~ 24,480
• 24,460
📌 What’s Next?
If 24,704 holds, bulls may attempt a bounce again.
A close above 25,063 would restore bullish sentiment.
But if 24,700 breaks, we may see deeper correction into lower support zones.
💬 Final Thoughts:
"Market will teach you humility every time you think you've figured it out."Today’s sudden rally followed by a deeper fall reminds us how quickly sentiment can shift. Trade with levels, respect zones, and keep adapting — that’s the only constant.
✏️ Disclaimer:
This is just my personal viewpoint. Always consult your financial advisor before taking any action.
CRWV eyes on $96.08: Golden Genesis fib Ends 60% trade now DIP? Our last plot (see below) gave a nice 66% gain.
Now looking for a decent dip to re-enter longs.
Each fib below is of interest, especially Goldens.
Previous trade that just closed with 66% gains
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GBPJPY: Will Price Touch a Major Psychological Point Of 200? The GBPJPY currency pair is currently struggling to break through the 194 region as the Japanese yen (JPY) consolidates, making the future price trajectory uncertain. This situation has significantly complicated trading JPY pairs.
Analysing historical price behaviour in similar circumstances can provide insights into potential future movements, but it’s crucial to conduct thorough research before engaging in trading. Past performance doesn’t guarantee adherence to chart trends.
The Japanese yen (JPY) also exhibits a negative correlation with the US dollar (USD). Given our bullish stance on the DXY index in the coming days, we anticipate substantial pressure on the JPY, potentially leading to a significant decline. It’s also worth considering the GBP, which has surged to prominence as one of the most sought-after currencies since the market opened earlier today.
In the meantime, we recommend setting two take-profit targets: one at 197 and another at 199. These levels are likely to witness substantial bearish volume entering the market.
We wish you successful trading and emphasise the importance of adhering to safety protocols.
We appreciate your unwavering support and encourage you to contribute by liking, commenting, or sharing our ideas.
Team Setupsfx_
❤️🚀
URNM eyes on $36.07: Golden Genesis to Mark Bottom or End BounceURNM trying to recover from a strong downtrend.
Currently testing a Golden Genesis fib at $36.07
Look for a Break-and-Retest to mark the Bottom.
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Last Plot that called the TOP:
Also a Golden Genesis that marked the top.
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