Bitcoin Breakdown: Bearish Retest or Further Crash to $60K?Bitcoin (BTC/USD) Daily Chart Analysis 🧐📉
Key Observations:
Major Breakdown Below Support 🚨
BTC has broken below a key support zone around $85,000 (which also aligns with the 200 EMA at $85,602).
This signals further downside potential if price fails to reclaim this level.
Bearish Retest Expected 🔄
The price may attempt to retest the broken support (~$85,000–$90,000) before continuing downward.
If rejected, BTC could drop to lower demand zones.
Next Major Support: $70,000 & $60,000 Zones 📉
The chart suggests a downside move toward $70,000, with a final target around $59,932.
These levels have historical significance as support zones.
RSI Shows Oversold Conditions 📊
The RSI is at 24.86, which is deep into oversold territory.
This could mean a temporary relief bounce, but overall momentum remains bearish.
Possible Scenario 📍
If BTC fails to reclaim $85,000, expect a move down to $70,000–$60,000.
A reclaim of $90,000+ would invalidate the bearish structure, leading to another attempt at $100,000+.
Conclusion: Bears in Control! 🐻⚠️
The trend remains bearish unless BTC reclaims key resistance zones.
Short-term bounce possible, but lower targets remain valid unless $85,000–$90,000 is reclaimed.
🔥 Trade Smart! Use Risk Management! 🔥 Let me know if you need specific trade setups! 🚀
Technical
Gold (XAUUSD) 4H Analysis: Bearish Breakdown with Potential PullGold (XAUUSD) 4H Chart Analysis 📉✨
1️⃣ Price Action
Gold is in a downtrend, recently breaking below a key support zone (purple).
It is trading below the 200 EMA (2,841.953), confirming bearish sentiment.
A minor pullback to the broken support zone is expected before further downside.
2️⃣ Support & Resistance
Resistance Zone: Around 2,875 - 2,900 (previous supply area).
Immediate Support: 2,800 - 2,810 (highlighted demand zone).
3️⃣ RSI (Relative Strength Index) 📊
Oversold at 19.98 ⚠️ → This suggests a potential short-term bounce, but trend remains weak.
32.46 level is a key resistance on RSI; breaking above could signal a recovery.
4️⃣ Bearish Bias 📉
If price retests the broken support and rejects, we could see a drop towards 2,800.
RSI suggests possible relief before further downside.
Trading Outlook 🔥
✅ Bearish Scenario: Sell on a rejection of the broken support, targeting 2,800.
🚨 Bullish Case: If Gold reclaims 2,850+, it might retest the 200 EMA and higher levels.
Would you like an updated analysis if the price action changes? 🚀📊
EUR/USD Rejection at Key Resistance – Bearish Drop Incoming?EUR/USD 4H Chart Analysis 📉🔥
Key Observations:
Resistance Zone (Supply Area) 🚨
Price has tested a strong resistance level (marked by the shaded box) near 1.0500.
Multiple rejections in this area suggest selling pressure is strong.
Potential Reversal Setup 🔄
The price has wicked into resistance and started showing weakness.
A lower high structure could be forming, indicating a possible trend shift.
Bearish Outlook 🐻📉
A break below recent support would confirm a sell-off targeting the lower price range.
The chart suggests a potential move towards 1.0350 - 1.0300 levels.
The 200 EMA (1.0425) is acting as dynamic support, but a break below it will accelerate the drop.
Liquidity Grab & Stop Hunt 🎯
Price action could have trapped buyers before reversing.
A potential stop-loss hunt above the previous highs before a drop.
Trading Plan 💡
✅ Sell Bias: Look for confirmations like bearish engulfing candles or break below 1.0450.
❌ Invalidation: A clean breakout above 1.0510 cancels the bearish setup.
🎯 Target Levels: 1.0350, 1.0300.
🔥 Final Verdict: Bearish setup forming. Watch for breakdown confirmation! 🚀
Silver (XAG/USD) Bearish Retest – Drop to $31 Incoming?Silver (XAG/USD) - 8H Chart Analysis
📉 Bearish Setup in Play
Breakout & Retest: Price broke down from a wedge pattern and is currently retesting the supply zone (highlighted in red).
EMA (200) Support: The 200 EMA (31.26) is acting as dynamic support. If price holds below, further downside is expected.
Bearish Target: A move towards the demand zone (30.80 - 31.00) (blue area) is anticipated.
Key Resistance: The rejected zone around 32.00 remains crucial for trend direction.
💡 Trade Idea:
If rejection is confirmed at the supply zone, short positions targeting 31.00 look promising.
A break above 32.00 could invalidate the bearish outlook.
🔥 Watch for confirmation! 🚀
XAUUSD strong down again 1. Potential for Reversal
The analysis assumes a clear bearish move toward the support area. However, price action may react differently to the resistance zone. If buyers step in, we could see a reversal rather than a continuation downward.
A false breakdown could trap sellers and push the price back up to retest resistance instead.
2. Market Structure Weakness
The chart suggests a Break of Structure (BOS) confirming a downtrend, but the momentum could weaken if volume decreases.
The weak low labeled on the chart could act as a temporary liquidity grab rather than a strong bearish continuation.
3. Economic and Fundamental Factors
Gold is sensitive to economic news, interest rate decisions, and geopolitical events. If a news event favors gold, this technical setup could be invalidated.
USD strength or weakness could shift demand for gold, affecting this price projection.
4. Liquidity Considerations
Support and resistance zones are often areas where liquidity is hunted. Market makers may manipulate price to take out stops before the actual move occurs
XAUUSD strong down opportunity soon 1. Trendline Validity
The current trendline is drawn as a downward channel. However, are there enough touches to validate it as a strong trendline? Sometimes, trendlines can be subjective and might not hold.
2. Support & Resistance Strength
The chart marks a "strong selling zone" at resistance, but does it have historical significance? If this level hasn’t been tested multiple times, it might not be as strong.
The support area is expected to hold, but gold is volatile. Is there a fundamental reason supporting a bounce from there?
3. Alternative Scenarios
What if gold breaks out of the downtrend instead of continuing lower? A breakout above resistance could invalidate the bearish expectation.
Instead of a clean bounce at support, price could consolidate sideways or even break below.
4. Fundamental Factors
Are there any upcoming economic events (such as FOMC meetings, CPI reports, or geopolitical tensions) that could disrupt this technical setup?
US PCE could be the catalyst for USDJPY to make a stronger moveMARKETSCOM:USDJPY is currently flirting with the area around the 149.00 hurdle. In order to shift our attention to some lower areas, a drop below the lowest point of December 2024 is needed. But what about the US PCEs? Let's dig in...
FX_IDC:USDJPY
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AUDUSD STRONG FALL SOON OPPORTUNITY 1. Breakout Above Resistance
The analysis assumes a rejection at the resistance zone, leading to a downtrend. However, if bullish momentum builds, the price could break above resistance, invalidating the sell-off expectation.
2. Support Might Not Hold
The marked support zone might be weak if there is strong bearish sentiment, leading to a potential breakdown rather than a reversal from that level.
3. Range-bound Market
Instead of a clear breakout or breakdown, AUD/USD might stay within a sideways range, consolidating between support and resistance rather than making a decisive move.
4. Fundamental Factors
Economic data releases, central bank policies, or geopolitical events could override this technical setup, causing unexpected price movements in either direction.
Btcusd strong analysis opportunity 1. Breakout Possibility Above Resistance
The analysis assumes a rejection at the resistance zone, but Bitcoin could break above it instead, leading to a bullish continuation rather than a reversal.
2. Stronger Support Holding
The projected drop might not occur if the support zone proves stronger than expected, leading to a bounce instead of a decline.
3. Market Volatility & Fundamentals
Bitcoin often moves based on macroeconomic factors, news, or liquidity shifts. A sudden surge in demand could invalidate this technical setup.
4. Inverse Head & Shoulders Formation
If price action forms a higher low, it could indicate accumulation rather than a sell-off, meaning a push toward new highs instead of a decline
SLIVER STRONG DOWN OPPORTUNITY 1. Resistance Breakout Possibility
The analysis assumes a rejection at resistance, leading to a drop. However, if bullish momentum increases and breaks the resistance, it could trigger a strong rally instead of a decline.
2. Support Weakness
The support area identified might not hold if there's strong bearish pressure. If the price falls sharply, it could break support instead of bouncing, leading to further downside.
3. False Breakout Risk
The projected downtrend might be a false move, where price briefly dips but then rebounds, trapping sellers before reversing to the upside.
4. Market News & Fundamentals
XAUUSD strong bullish analysis opportunity 1. Support May Not Hold – The chart assumes price will respect the support zone and reverse upwards. However, given the strong bearish momentum leading into this level, a breakdown is possible. A break below the support could trigger further declines instead of the expected rebound.
2. Resistance Might Not Be Reached – The analysis predicts a move towards the resistance zone around 2,940, but if selling pressure remains strong, price could stall at the intermediate resistance (around 2,910-2,920) before reversing downward again.
3. Trend Continuation Instead of Reversal – The market is currently in a downtrend, making a continuation of lower lows and lower highs more probable than an immediate bullish reversal. Any short-term bounce might be a liquidity grab before further decline
GBP/USD 4H Analysis – Bullish Momentum & Key Demand Zones📊 GBP/USD 4H Analysis – Smart Money Concepts (SMC) Perspective
Current Market Structure:
📈 Bullish Momentum: The price is currently trending upwards after breaking a short-term high (SH) and liquidity zone.
🔄 Change of Character (CH): Confirmed as the price broke previous resistance, signaling a possible trend continuation.
Key Zones & Levels:
🟣 H4 Block Order (Demand Zone): Marked in purple, this area aligns with a strong order block, indicating potential buying interest if the price retraces.
🟥 Daily Fair Value Gap (FVG): Above the demand zone, acting as a potential area for price rebalancing before resuming the uptrend.
🔴 200 EMA at 1.25179: Serving as dynamic support, aligning with the demand zone for potential buy setups.
Potential Scenarios:
📉 Retracement to Demand Zone (1.2500 - 1.2550)
Buyers may step in at the H4 Block Order & Fair Value Gap.
Price could form a higher low before continuation.
📈 Bullish Expansion to New Highs (1.2750 - 1.2800)
If demand holds, expect a strong push-up towards liquidity areas.
Breakout could trigger momentum buying.
Bias:
✅ Bullish (Higher Highs & Higher Lows Forming)
⚠️ Caution: If price breaks below 1.2500, sentiment may shift bearish.
Will DAX go for another all-time high?It seems that geopolitics are the key driving force of the MARKETSCOM:DE30 bulls. The current news on a possible end of the war in Ukraine is helping boost trader morale. Let's dig in!
XETR:DAX
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XAUUSD strong down opportunity to big falling 1. Resistance Zone Validity – The marked resistance zone appears strong due to multiple rejections. However, if the price breaks above this zone with strong bullish momentum, a further rally may occur instead of the expected drop.
2. Support Strength – The lower support around 2,890 is a key level. However, if buyers aggressively step in before reaching it, the price could consolidate or reverse prematurely, invalidating the expected bearish move.
3. Market Context – Fundamental factors like economic data, interest rates, or geopolitical events could impact gold prices, overriding this technical setup.
4. False Breakdown Risk – Price could briefly dip below intermediate support and then reverse sharply, trapping sellers in a bear trap
Us30 strong bullish opportunity 1. Overly Bullish Bias
The analysis assumes a clean breakout above support and a strong push to resistance.
However, Dow Jones is known for fakeouts—meaning:
A false breakout above resistance could trap buyers before reversing.
A liquidity grab below support might happen before the real move.
2. Weak Confirmation for the Uptrend
There's no clear volume confirmation—breakouts need high volume to be valid.
Price is consolidating near key Fibonacci levels, meaning a reversal is just as likely as a breakout.
A better approach would be waiting for a strong retest and breakout confirmation.
3. Ignoring Key Fibonacci Levels
The chart includes multiple Fibonacci levels but does not integrate them into the projection.
The 2.618 (43,535) and 3.618 (43,446) levels suggest possible retracements before an upward move
Instead of an instant push-up, a dip to test Fibonacci support is likely.
4. Resistance Might Hold Strong
The resistance area is broad, meaning:
A rejection at resistance could lead to a short-term bearish pullback.
The market might range between the two levels instead of moving in a straight line.
Alternative Scenario:
Instead of assuming an instant bullish move:
1. Bearish Trap First: A false breakout above resistance to trap buyers, followed by a drop.
2. Deeper Retest: Price could revisit support or a Fibonacci level before a true breakout.
3. Wait for Volume Confirmation: If resistance breaks with strong momentum, then an entry makes sense
XAU/USD Pullback or Reversal? Key Support Zone in Focus!📊 Gold (XAU/USD) Daily Chart Analysis – Feb 16, 2025
🔹 Current Price: $2,882.48 (-1.57%)
🔻 Recent High: $2,939.98
🔻 Recent Low: $2,877.03
🔴 200 EMA: $2,562.04 (Long-term support)
🧐 Key Observations:
✅ Strong Uptrend: Price has been in a bullish trend since late 2024.
✅ Support Zone: A key demand zone around $2,850 - $2,870 (highlighted in blue).
✅ Trendline Retest: The price is testing the trendline, which could act as support.
📉 Possible Scenarios:
🔹 Bullish Case: If buyers step in at the support zone, we could see a bounce towards $2,950 - $3,000 🚀.
🔹 Bearish Case: A breakdown below $2,850 may trigger a deeper pullback to $2,800 - $2,750 ❄️.
🎯 Trading Plan:
📌 Buy Setup: Look for bullish confirmation (e.g., reversal candles) in the support zone before entering long.
📌 Sell Setup: If the price closes below $2,850, short positions could be considered with targets near $2,750.
🔥 Final Thoughts: Despite today’s pullback, gold remains bullish unless key support levels break. Watching price action around the blue zone will be crucial!
📢 Traders, what’s your take? Are we bouncing or breaking down? Let’s discuss! 👇💬 #Gold #XAUUSD
Federal Bank Close To Fib LevelsAs of 25th Feb 2025, The Federal bank, on a monthly timeframe is heading towards its 50% fibonacci levels on monthly timeframe.
However, on daily and weekly timeframe, the stock might look bullish but the major timeframe is contrarian to both daily and weekly timeframe.
Disclaimer: I am an NISM XV Certified research analyst, I am not SEBI registered. Hence, kindly consider this as learning about fibonacci and not a recommendation.
Please consult your investment advisor before investing.
EURUSD - the upcoming US PCE & the ECB rate decisionAt the moment, we are seeing that the bulls are fighting hard to keep MARKETSCOM:EURUSD elevated. But they are struggling to overcome some key resistance barriers. But the upside doesn't look very promising, due to the upcoming US PCE numbers and the ECB rate decision. Let's dig into the possible near-term outcome scenarios for the $FX_IDC:EURUSD.
What are your thoughts on this?
74.2% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Past performance is not necessarily indicative of future results. The value of investments may fall as well as rise and the investor may not get back the amount initially invested. This content is not intended for nor applicable to residents of the UK. Cryptocurrency CFDs and spread bets are restricted in the UK for all retail clients.
JAUCTIONUSDT Falling Wedge Pattern – 200%-220% Gains JAUCTIONUSDT is currently forming a Falling Wedge pattern, which suggests a potential breakout to the upside in the near future. A Falling Wedge pattern is typically considered a bullish reversal pattern, often occurring after a downtrend, where the price gradually narrows between two converging trendlines. This pattern indicates that the sellers' momentum is weakening, and buyers are starting to take control. Once the price breaks above the upper trendline, it could trigger a sharp upward move. With strong volume supporting this pattern, JAUCTIONUSDT could experience significant gains in the range of 200% to 220%+.
The good volume accompanying this Falling Wedge pattern is an important factor in confirming the validity of a potential breakout. Volume is crucial in ensuring that the price movement is supported by strong market participation. A breakout from a Falling Wedge typically attracts momentum traders, which can lead to a powerful rally. The growing investor interest in JAUCTIONUSDT further supports the likelihood of an upward price movement, and many traders are positioning themselves for the anticipated breakout.
As the price of JAUCTIONUSDT consolidates within the Falling Wedge, the chances of a breakout increase as the market reaches an inflection point. If the price breaks above the upper trendline with significant volume, the projected gains of 200% to 220%+ could be realized. The narrowing range within the pattern suggests that the market is ready for a decisive move, and if the breakout is sustained, the price could rise rapidly toward new highs. This makes JAUCTIONUSDT an exciting opportunity for those looking for high-reward setups.
Traders should keep a close eye on JAUCTIONUSDT as it nears the breakout point. A successful breakout from the Falling Wedge pattern could initiate a powerful price surge, offering substantial returns. With the current pattern, good volume, and increasing investor interest, JAUCTIONUSDT has the potential to deliver impressive gains in the near future.
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MOVEUSDT: Falling Wedge Pattern – 130%-140% Gains ExpectedMOVEUSDT is currently forming a Falling Wedge pattern, a bullish chart formation that signals the potential for a significant breakout. The Falling Wedge is a consolidation pattern where the price gradually narrows between converging trendlines, indicating that the market is coiling up for a possible explosive move. Although the breakout has not yet occurred, the setup is promising, and traders are anticipating a strong upward move once the price breaks through the upper trendline. With good volume supporting the formation, the breakout could lead to substantial gains in the range of 130% to 140%+.
The Falling Wedge pattern is a reliable indicator of an impending trend reversal, and the good volume accompanying this formation increases the likelihood of a successful breakout. When a price breaks above the resistance trendline, it often triggers a surge in buying activity, pushing the price higher. The growing investor interest in MOVEUSDT highlights that many traders are positioning themselves ahead of the anticipated move, ready to take advantage of the potential upside. With expectations of 130% to 140%+ gains, MOVEUSDT presents an exciting opportunity for those looking for high-reward setups in the market.
Investor confidence in MOVEUSDT is building as more participants notice the bullish potential of this setup. The volume accompanying the Falling Wedge formation suggests that there is enough market interest to drive the price higher once the breakout happens. If the price breaks above the upper trendline, it could see a sharp rally toward the projected gains, as further resistance levels are taken out. The current market sentiment, coupled with strong technical signals, positions MOVEUSDT as a strong candidate for an upward price movement.
Traders should stay alert and monitor the breakout point closely. Once MOVEUSDT clears the upper trendline with good volume, the move could trigger a chain reaction of buying, pushing the price toward the expected gain range. The combination of a well-formed technical pattern, solid volume, and increasing investor interest makes MOVEUSDT a crypto pair to watch closely for potential significant returns in the near future.
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AUD/JPY 4H: Potential Reversal at Support Zone !!Price Action: The price is trading below the 200-period EMA, indicating that the general trend is bearish. However, there's a price bounce near the orange box (support zone), suggesting that a reversal could occur from this level.
Support and Resistance Zones:
The support zone is the orange box around 95.85–96.10. Price is near the lower bound of this zone, which could provide a buying opportunity if the price holds above it.
Resistance is at the higher level of around 97.55, and there's also a minor resistance around 96.70, which is likely a short-term obstacle.
EMA (200): The 200-period EMA (at 96.69) is acting as a dynamic resistance, contributing to the overall bearish bias. If price closes above it, there could be a shift in sentiment.
Potential Trade Setup: The analysis shows a possible buying opportunity if price holds above the orange box (95.85–96.10). A potential upside target would be around the 97.55 level, which aligns with previous price action resistance.
Overall, this chart is suggesting a bounce off the support zone with a possible move towards resistance. However, the trend remains bearish as long as the price stays below the 200 EMA.
BTC/USD Analysis: Bullish Momentum Faces Resistance at $110,000!Looking at this chart of BTC/USD on the 4-hour timeframe:
Current Price: The price of Bitcoin is currently around $98,468.88, with a slight increase of +0.24% for the session.
Key Levels:
The price is approaching a strong resistance zone near the $110,000 level, which is marked with a shaded area above the current price. This could act as a psychological barrier or a sell-off zone if the price reaches this level.
On the downside, there is support near the $94,000 level, indicated by a box in the lower part of the chart. The market has shown a tendency to bounce from this zone in the past.
200 EMA: The 200-period Exponential Moving Average (EMA) is currently around $98,193, and the price is trading slightly above it, which indicates that the trend may be leaning bullish, but a pullback to this level could be expected.
Price Action: The chart shows a series of upward movements after consolidation in the lower range, which suggests bullish momentum. However, the proximity to resistance means the price might face some challenges breaking through the $110,000 zone.
Overall, there’s potential for Bitcoin to test higher levels, especially if it can clear the resistance near $110,000. But a pullback or consolidation around the $94,000 region could also be on the cards. Keep an eye on volume and price behavior around these levels to confirm the next move.
EUR/JPY Bearish Setup | Rejection from 200 EMA & Supply ZoneEUR/JPY Analysis (Daily Timeframe) 📉🔥
Key Observations:
Price at 159.804 (-0.07%), showing minor bearish sentiment.
200 EMA Resistance (162.206) 🚧
Price previously rejected from this level, reinforcing it as a strong resistance zone.
Bearish Retest of Supply Zone (162.000 - 162.500) 🛑
Price attempted to break above but failed, leading to rejection and a move downward.
Breakout from Ascending Channel 📉
Price previously followed an upward trend but broke below, signaling a shift to bearish momentum.
Target at 155.732 (Next Support) 🎯
A blue arrow suggests an expected drop toward this key support.
Bias: Bearish 📉
Confirmation: If price fails to reclaim 160.500, further downside is likely.
Bearish Entry: Below 159.500 with a target at 155.732.
Invalidation: A daily close above 162.200 would shift bias to bullish.
🚨 Watch for rejection candles or strong bearish momentum for a sell setup! 🚨