ETH - Another Take - When in Doubt, Zoom OutETH on the multi day time frame appears to have been respecting this ascending series of support / resistances since its inception.
If this resistance holds, this is a major breakdown of ETH’s last support - assuming the chart does work best on these ascending channels (certainly has historically).
Due to this I am shorting ETH at 2550 appx - and my targets are marked on the chart (3 purple levels).
I don’t see why any formation on the chart should be dismissed if it has a strong interaction historically.
Let’s see what happens.
Happy trading
Swingtrading
BTCUSDT: Pro Analysis, Major Swing Supports, Risk Focus__________________________________________________________________________________
Technical Overview – Summary Points
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Momentum & Trends : Short-term consolidation (<1H frames), dominant uptrend 2H–1W. BTC market structure is “Up” across all higher timeframes.
Supports/Resistances :
Major supports: 100,300 – 101,600 USDT (1D/4H/2H pivots)
Resistances: 109,000 – 111,500 USDT (1D/W/12H pivots)
Volume : Recent bearish climax absorbed, back to normal volumes, no current excess.
Multi-TF Behavioral Read : Behavioral indicators (ISPD DIV) are neutral; no extreme sentiment. Risk On / Risk Off Indicator confirms structural buy-side.
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Strategic Summary
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Global Bias : Bullish trend on high TFs, technical consolidation short term.
Opportunities : Swing entries on return ≥101.6k, TP at 109k/111.5k. Manage position sizes actively before Fed.
Risk Zones : Invalidation <100.3k daily; key area to monitor. Short-term stop-loss below 99.9k.
Macro Catalysts : FOMC (June 17–18) = expected volatility, no major macro risk now. Watch Mideast tensions. Rising tensions in the Middle East (Israel/Iran): volatile climate, potential risk-off sentiment on certain assets, but no widespread panic; to be monitored in case of rapid escalation (possible increased BTC volatility).
Action Plan : Favor gradual entries on major supports, reduce leverage pre-macro events, active volatility and stops monitoring.
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Multi-Timeframe Analysis
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1D / 12H: Key support at 100.3k–101.6k, major resistance 109–111.5k. Repeated rejections at resistance, mature range. Normal volume, consolidating momentum.
6H / 4H: Strong lateral structure, ISPD/Volume neutral. Technical play around 101.6k, gradual profit-taking below 109k.
2H / 1H: Start of institutional reaction (moderate to high volumes). Bearish climax absorbed, possible short-term rebound at local support 99.9k–101.6k.
30min / 15min: Micro-range, short-term consolidation, some volume spikes on corrections. Downtrend confirmed on lower TFs, despite macro/swing bullish confluence.
ISPD & Risk On / Risk Off Indicator Summary:
ISPD DIV = Neutral across all timeframes.
Risk On / Risk Off Indicator = STRONG BUY on all horizons (US tech strong).
Cross-timeframe Synthesis : BTC market is accumulating on supports under favorable tech sector influence. Short-term consolidation seen as post-shakeout setup for potential resumed uptrend.
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Final Synthesis & Operational Plan
__________________________________________________________________________________
BTC market remains in a dominant swing bullish bias, supported by tech sector momentum and on-chain inflows. Key support zones (100.3–101.6k) offer attractive technical swing entries, with targets at 109–111.5k. However, strict risk management is essential ahead of the upcoming FOMC, rising Middle East tensions (Israel/Iran), and the potential for sudden volatility spikes.
Strategy: Maintain bullish exposure with partial profit-taking and reduced leverage into macro/geopolitical events. Systematic stops remain below 99.9k.
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SUI — Trading with Geometry: Why Harmonics Work So WellSUI has been respecting technical levels with remarkable consistency. After bouncing from the $2.8467 low, it surged sharply — completing a clean Cypher Harmonic Pattern. This led to a high-probability short setup at the 0.786 Fibonacci retracement (Point D) around $3.5573.
🎯 Trade Setup Breakdown
Pattern: Cypher Harmonic
Entry (Point D): $3.5573 (0.786 retracement of XC)
Target: $3.1191 (0.618 retracement of CD)
Stop-Loss: Above Point X
The 0.618 fib retracement of the CD leg coincides with a significant key low from May 6, 2025, adding structural confluence. This is an ideal level to monitor for absorption, reaction, or potential reversal behaviour.
🧠 Educational Insight: How to Trade Harmonic Patterns Like a Pro
Harmonic patterns aren't just visually appealing — they represent high-probability setups based on market structure, Fibonacci geometry, and behavioural cycles. The most critical part of every harmonic pattern?
You enter at Point D.
Whether the pattern is bullish or bearish, Point D is your trigger:
In bearish patterns (like this Cypher), you short from Point D.
In bullish patterns, you long from Point D.
This works because Point D marks the exhaustion of the corrective leg, where trapped traders and liquidity often sit. The structure often aligns with supply or demand zones, order blocks, or FVGs (Fair Value Gaps).
💡 Important: Harmonic patterns are most effective on higher timeframes — 4H and above. On lower timeframes, noise increases and reliability drops significantly. For clean execution and meaningful structure, stay with mid to high timeframes.
Here’s how to trade it effectively:
✅ Wait for the full pattern to form — don’t front-run
✅ Use fib levels and structure confluence to validate Point D
✅ Use order flow tools (like Exocharts) to confirm absorption or volume shift
✅ Enter on Point D with your stop-loss just beyond X
✅ Take profits at common retracement levels like the 0.382 or 0.618 of the CD leg
Patience is key. Harmonic traders wait for the market to complete the cycle — then strike with a plan.
📌 Final Thoughts
SUI is delivering clean harmonic respect, and this setup is no exception. Whether you're already short or waiting for further confirmation, keep an eye on volume, liquidity zones, and reaction levels around $3.1191. If this zone holds, it may serve as a pivot for the next move.
Pattern. Precision. Patience. That's how you catch high-probability trades like this.
_________________________________
💬 If you found this helpful, drop a like and comment!
Want breakdowns of other charts? Leave your requests below.
ETH $700 SWING SHORT MUST SEENext Prediction
$2600 to $3000
$3009 to $2300
⸻
Since the full Wedge failed to play out fully so now if we go up and inside the wedge has a higher higher giving us a huge swing
Target:
$2,300 is the full measured move if the rising wedge pattern plays out cleanly and fully resolves.
Xrp - The expected rally of +50%!Xrp - CRYPTO:XRPUSD - is still clearly bullish:
(click chart above to see the in depth analysis👆🏻)
Ever since Xrp rallied more than +550% in the end of 2024, we have been witnessing a quite expected consolidation. However Xrp still remains rather bullish and can easily retest the previous all time highs again. Maybe, we will even see another parabolic triangle breakout.
Levels to watch: $3.0, $10.0
Keep your long term vision!
Philip (BasicTrading)
Nvidia - The breakout will eventually follow!Nvidia - NASDAQ:NVDA - will break out soon:
(click chart above to see the in depth analysis👆🏻)
Over the course of the past couple of days, we saw a quite strong rally of +50% on Nvidia. Considering the market cap of this company, such a move is quite impressive. Following this overall very strong bullish momentum, an all time high breakout is quite likely to happen soon.
Levels to watch: $150
Keep your long term vision!
Philip (BasicTrading)
Micron Technology - Starting the next +80% move!Micron Technology - NASDAQ:MU - perfectly respects structure:
(click chart above to see the in depth analysis👆🏻)
Starting back in mid 2024, Micron Technology created the expected long term top formation. We witnessed a correction of about -60%, which ultimately resulted in a retest of a confluence of support. So far, Micron Technology rallied about +60%, with another +80% to follow soon.
Levels to watch: $150, $180
Keep your long term vision!
Philip (BasicTrading)
Broadcom - This was just the first all time high!Broadcom - NASDAQ:AVGO - just created new highs:
(click chart above to see the in depth analysis👆🏻)
Over the course of the past three months, Broadcom has been rallying an impressive +80%. However looking at market structure, all of the previous "dump and pump" was not unexpected. Following this recent bullish strength, Broadcom is likely to channel a lot higher.
Levels to watch: $250, $400
Keep your long term vision!
Philip (BasicTrading)
Microsoft - This might be the ultimate breakout!Microsoft - NASDAQ:MSFT - will break the all time high:
(click chart above to see the in depth analysis👆🏻)
If you wonder why Microsoft has been rallying +15% this month, market structure will give you an answer. In fact, the recent bullish break and retest was totally expected, and if we take into account the recent quite strong bullish behaviour, an all time high breakout will follow soon.
Levels to watch: $450
Keep your long term vision!
Philip (BasicTrading)
Nasdaq - This starts the next +50% rally!Nasdaq - TVC:NDQ - might break out soon:
(click chart above to see the in depth analysis👆🏻)
Despite the quite harsh correction of about -25% which we saw in the beginning of 2025, the Nasdaq is clearly heading for new all time highs. It sounds almost incredible but if the Nasdaq breaks above the current confluence of resistance, a breakout rally of +50% will follow thereafter.
Levels to watch: $21.500, $33.000
Keep your long term vision!
Philip (BasicTrading)
Review and plan for 12th June 2025Nifty future and banknifty future analysis and intraday plan.
Positional/short term stock ideas.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
XAU/USD MMC Analysis – Structure Flip, Trendline + Target Zone📊 Market Sentiment and Price Structure Overview:
Gold has been navigating a highly structured range with multiple clear zones of support and resistance that have now started to break down in favor of a short-term bullish trend. The chart reflects a transition from a bearish descending channel to a potential bullish continuation pattern.
Today’s analysis is centered around three core ideas:
Market Structure Shift (Break of structure)
Support/Resistance Interchange (horizontal + channel)
Trendline Dynamics (bullish control)
Each of these plays a key role in shaping trade bias and decision-making.
🧱 1. Straight SR Interchange Zone (Key Historical Level):
Marked on the left side of the chart, this level has acted as both support and resistance over the last several days. Traders call this a “flip zone” — price often bounces off this area multiple times as buyers and sellers wrestle for dominance.
✅ Multiple touches indicate institutional interest.
🔄 This zone adds confluence to other structure zones, increasing its strength.
🧲 Price currently hovers near this level, suggesting indecision or a setup for a larger move.
📉 2. Descending Channel SR Flip – Confirmation of Shift:
The descending green channel served as a dynamic resistance over multiple sessions. Price remained below it during the previous downtrend. However, a breakout occurred, followed by a successful retest, turning it into support — a textbook bullish structure flip.
This move was also a signal of trend reversal, which was followed by higher lows and a shift in price behavior.
📈 3. Upward Trendline – Short-Term Bullish Control:
A diagonal ascending trendline is forming beneath price action, supported by multiple rejection wicks and higher lows (marked in blue). This shows that buyers are stepping in earlier, absorbing selling pressure.
🔁 Each touch confirms strength.
📉 A break below this line could signal weakness or trend exhaustion.
Watch closely — this line becomes your dynamic support and invalidation point for any long positions.
🔄 4. Major BOS (Break of Structure) – Trend Change Confirmed:
We’ve seen a clean break of structure above previous swing highs — this is key in market structure analysis. When a lower high is invalidated by a higher high, it often marks a trend reversal.
This BOS now acts as a major support area. As long as price remains above this zone, bullish continuation is favored.
🚨 5. Reversal Zone in Sight – Potential Resistance Ahead:
Highlighted as “Next Reversal” in the chart, this area around $3,360–$3,370 is a confluence of:
Past resistance
Mid-channel region
Psychological round numbers
Price is nearing this level, and we may see a temporary pullback or rejection before any further continuation.
🎯 Trading Plan:
🔵 BULLISH SCENARIO (Base Case):
🟢 Entry: On a retest of trendline or BOS zone ($3,330–$3,340)
🛡️ SL: Below $3,325
🎯 TP1: $3,360
🎯 TP2: $3,390
🧠 Reasoning: Structural shift confirmed, trendline respected, SR flip confluence.
🔴 BEARISH SCENARIO (Counter-Play):
🔴 Entry: At rejection from $3,365–$3,370 zone (reversal box)
🛡️ SL: Above $3,380
🎯 TP1: $3,345
🎯 TP2: $3,330
🧠 Reasoning: Reversal from resistance zone, potential trap setup, fading exhausted move.
📌 Summary:
Gold is in a key decision phase after a major structural flip. The battle between bulls and bears is now centered around the trendline and next resistance zone. As always, patience and confirmation will be key.
Trendline = dynamic support
BOS zone = structural support
Reversal area = possible short-term ceiling
💡 Best trades will come from reactions, not predictions.
🚀 Stay Updated:
Follow this idea for live updates as price reacts to these zones. If we break and hold above the reversal box, expect bullish continuation. Otherwise, watch for potential trap plays and short-term pullbacks.
KHC Monthly Support and Resistance Lines for June 2025KHC Monthly Support and Resistance Lines for June 2025, only valid till end of June.
Overview:
These purple lines act as Support and resistance lines when the price moves into these lines from the bottom or the top direction. Based on the direction of the price movement, one can take long or short entries.
Trading Timeframes
I usually use 30min candlesticks to swing trade options by holding 2-3 days max. Anyone can also use 3hr or 4hrs to do 2 weeks max swing trades for massive up or down movements.
I post these 1st week of every month and are valid till the end of the month.
NC HAMMER CRYPTO utoo bThis is just a quick insight on AIOZ.... looks good, if were looking at the fib retracement it has a long way to hit the 0.618 fib retracement which is a little over 100% retracement. This is a possibility when btc goes up, just keep it in mind, and good luck, have fun with it!
Amd - This is just the beginning!Amd - NASDAQ:AMD - perfectly plays out:
(click chart above to see the in depth analysis👆🏻)
Despite the harsh drop of about -65% which we have been witnessing starting back in 2024, Amd remains bullish. Just three months ago, Amd retested a textbook confluence of support. We saw bullish confirmation, the bottom is in and Amd will rally significantly from here.
Levels to watch: $200, $300
Keep your long term vision!
Philip (BasicTrading)
Review and plan for 11th June 2025 Nifty future and banknifty future analysis and intraday plan.
Positional ideas.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
Bitcoin - Here we have the all time high!Bitcoin - CRYPTO:BTCUSD - is just getting started:
(click chart above to see the in depth analysis👆🏻)
It was really just a matter of time until we see a new all time high on Bitcoin. Consindering that over the past two months alone, Bitcoin rose another +50%, this was a clear indication that bulls are taking over. But this all time high is clearly not the end of the bullrun.
Levels to watch: $300.000
Keep your long term vision!
Philip (BasicTrading)
Tesla - There's more after the +60% rally!Tesla - NASDAQ:TSLA - will blow even further:
(click chart above to see the in depth analysis👆🏻)
It is almost incredible to see such a large cap stock rally more than +60% in less than two months. But Tesla is clearly the exception and therefore we should expect the unexpected. What's quite likely is at least another rally of about 25% from here and a retest of the previous all time high.
Levels to watch: $250, $400
Keep your long term vision!
Philip (BasicTrading)
EURGBP forex rallying as expected off weekly demand levelWeekly uptrend. Weekly demand imbalance at 0.83 is still in control and trying to play out as expected. Any swing long positions should be managed. I hope you could take advantage of long positions using the smaller timeframes for those intraday and short-term forex traders.
Review and plan for 10th June 2025 Nifty future and banknifty future analysis and intraday plan.
Positional ideas.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT