$ACS Analysis ACS Analysis 🚨
ACS is currently testing the red resistance zone. If a successful breakout occurs:
🎯 First Target: Green line level
Technical Analysis
Why I Believe Brent Crude Oil is Headed to $125 by 2026www.tradingview.com 1. Supply Constraints: Geopolitics & Trade Wars
One of the biggest drivers of higher oil prices is geopolitical instability and trade policy shifts. We're already seeing major disruptions that could tighten supply further:
Middle East Tensions – The ongoing conflicts in the Red Sea, Iran, and Israel continue to create uncertainty. Attacks on shipping routes and production facilities raise the cost of transporting oil and increase the risk of supply disruptions.
Russia-Ukraine War – With Russian oil facing sanctions and restrictions, global supply chains have had to adjust, making energy markets more fragile.
OPEC+ Output Cuts – OPEC has repeatedly restricted production to keep prices elevated, and there’s no indication they’ll reverse course anytime soon.
U.S.-China Trade War & Tariffs – With Trump leading in the 2024 election polls, there’s a growing possibility that tariffs on China will return. If this happens, energy trade flows could be further disrupted, and retaliatory tariffs could add to price pressures.
Strategic Petroleum Reserve (SPR) Depletion – The U.S. used a huge portion of its SPR to lower oil prices in 2022-2023, but refilling those reserves will create additional demand, pushing prices even higher.
With these factors at play, supply is becoming more constrained, making it easier for prices to rise with even small increases in demand.
2. Demand Boom: AI, Bitcoin Mining, and Agriculture
While supply is tightening, demand for energy is skyrocketing in unexpected ways.
AI Data Centers & Industrial Demand
AI computing is extremely energy-intensive, and as companies like Microsoft, Google, and Amazon continue to expand cloud computing infrastructure, demand for electricity is surging.
Many data centers still rely on fossil fuels for backup power and cooling systems, meaning oil and gas usage will continue to increase.
Bitcoin (BTC) Mining
Bitcoin mining requires massive amounts of electricity, and as BTC prices rise, mining activity expands in energy-dependent regions.
With the 2024 BTC halving, miners will have to run at full efficiency, which translates to higher global energy consumption.
Agriculture & Food Production
The world’s growing population and extreme weather events (like El Niño) are driving higher food production needs.
Fertilizer production, transportation, and machinery all require oil, meaning agricultural commodities are directly contributing to higher energy demand.
Together, these factors suggest that demand for oil is only going to increase, making it harder for supply to keep up.
3. Oil Price vs. Stock Market: The $100 Warning Zone
Historically, when oil prices get too high, the stock market struggles. Some key examples:
2008 Recession: Oil peaked at $147 per barrel, right before the financial crisis.
2018 Market Drop: When oil hit $80+, stocks sold off sharply.
2022 Inflation Shock: Oil reached $120+, leading to Fed rate hikes and market turmoil.
Why $100+ Oil is a Warning Sign for Stocks
Higher oil prices = higher inflation. This forces central banks like the Federal Reserve to keep interest rates high, making borrowing more expensive.
Energy costs impact corporate profits. Companies across multiple sectors will see shrinking profit margins as transportation and production costs rise.
Consumer spending takes a hit. Gasoline prices cut into disposable income, which weakens overall economic growth.
If Brent crude pushes above $100, expect increased market volatility and a potential selloff in equities.
4. Brent Crude Technicals: Price Targets for 2026
Current Setup
Price Holding Key Support (~$70-$74) – Brent is respecting major trendlines, signaling strong demand in this area.
Breakout Zone Around $80-$82 – If price moves above this level, it could trigger a rally to $100+.
Fibonacci Levels Align with $125 Target:
0.618 Fib retracement at $106 → First major resistance.
0.786 Fib extension at $119 → Likely next target.
1.272 Fib extension near $125 → Final upside target for 2026.
This technical setup aligns with macro fundamentals and historical oil cycles, making a move to $125 increasingly probable.
5. Investment & Trading Strategy
Long-Term Bullish Strategy
Accumulation Zone: $70-$74 (solid support).
Upside Targets: $106, $119, $125.
Stop Loss Consideration: Below $68 (invalidates thesis).
Hedging Against Market Risk
SPX Put Options / VIX Calls – If oil rises toward $100+, consider hedging against an equity downturn.
Energy Stocks (XLE, Exxon, Chevron) – These stocks tend to outperform during oil bull markets.
Gold & Commodities – Hard assets often rally when energy prices increase.
Conclusion: The Path to $125 Brent Oil
Geopolitical instability + supply cuts = higher prices.
AI, Bitcoin, and food production = rising demand.
If oil approaches $100, watch for an equities pullback.
While no forecast is perfect, all signs point to oil prices rising into 2026. If this trend plays out, investors should be prepared for higher inflation, tighter Fed policy, and increased market volatility.
Would love to hear your thoughts—do you think oil will hit $125, or are we headed lower? 🚀📊
Statistically Likely Bitcoin Has A Large Positive Move ComingThe Continuation Indicator by Apex Algo Systems has once again flashed a new buy signal just a few months ago, adding to its strong historical track record on the 1-month chart. Every previous buy signal has preceded a significant market rally before reaching the next major top. Could this be another pivotal moment in the market cycle?
Historically, the indicator has identified powerful trend continuation setups, signaling high-probability opportunities before explosive price movements. By analyzing volatility dynamics, momentum shifts, and long-term price trends, the indicator helps traders recognize statistically extreme conditions that have historically led to major market moves.
In the attached image, you can see how every past buy signal has been followed by a substantial market rally. Now, with a fresh signal printed just a few months ago, history may be repeating itself once again.
🔥 Could this be the start of another massive move? Or will this time be different?
📊 Let’s discuss! Are you bullish after this signal? Do you think the market is following historical trends? Share your thoughts in the comments below! 👇
📌 Disclaimer: This is not financial advice. Trading involves risk, and past performance does not guarantee future results. Always conduct your own research before making investment decisions.
TOSH/USD Long Setup: OTE + Fake Supply zone reclaimed I've spotted a great long opportunity on TOSH/USD using a combination of advanced market analysis techniques:
1️⃣ Liquidity grab below recent lows, clearing out impatient buyers.
2️⃣ Entry at the OTE zone (Optimal Trade Entry) between 61.8% and 78.6% Fibonacci retracement, a key area for strong rejections.
3️⃣ A fake supply zone has been reclaimed, signaling bullish intent.
🎯 Trade Details:
Entry: 0.0006900 (validated in the OTE zone).
Context: Liquidity sweep below support followed by a bullish re-entry.
Confirmation: Clean reclaim of the fake supply zone with momentum.
Stop Loss: Below the last swing low for proper risk management.
Take Profits:
TP1: Previous Higher High (HH). 🚀
📊 Plan:
I’m watching for strong confirmation in the OTE zone and increased volume as the fake supply zone is reclaimed. Risk management is key—position sizing is based on capital and stop-loss placement.
This is not financial advice, just my personal setup idea based on market structure. What’s your take? Let me know below! 👇"
Statistically Probable that Bitcoin Has Not ToppedBitcoin: No Statistical Evidence of a Top Yet 🚀
Based on the analysis using statistical extremes, there is no confirmation that Bitcoin has reached a market top at this time. This indicator is designed to identify historically extreme conditions, signaling when price action is statistically overextended.
🔍 Key Observation:
Unlike previous cycle tops, where extreme readings were clearly registered, the current market environment has not yet reached those levels. This suggests that Bitcoin may still have room to run before hitting an exhaustion point.
📊 What This Means for Traders & Investors:
✅ Momentum Still Intact – No statistical evidence of a peak.
✅ Potential for Further Upside – Historically, markets tend to top only after hitting extreme conditions.
✅ Caution & Confirmation Needed – While no extreme has been detected, market conditions can change, and risk management remains essential.
⚠️ Disclaimer: This is not financial advice. Historical probabilities do not guarantee future results. Always conduct your own research before making trading decisions.
What do you think? Could Bitcoin be headed higher? Let’s discuss! 👇 🚀
TradeCityPro | AVAXUSDT The Last Downtrend?👋 Welcome to TradeCityPro Channel!
Let's go together and analyze and review one of my favorite coins, which I trade a lot in futures and have a good win rate, and before that, let's remember an important point
🌐 Overview Bitcoin
Before starting the analysis, I want to remind you again that we moved the Bitcoin analysis section from the analysis section to a separate analysis at your request, so that we can discuss the status of Bitcoin in more detail every day and analyze its charts and dominances together.
This is the general analysis of Bitcoin dominance, which we promised you in the analysis to analyze separately and analyze it for you in longer time frames.
📊 Weekly Timeframe
On the weekly time frame, the avax chart is one of the best, smooth, and technical charts I've seen, and our support and resistance work beautifully. Events are somewhat recognizable.
After we were rejected from the important resistance of 53.62, which was a very important resistance from the past, the presence of sellers caused us to go into a deep correction, and on the other hand, the reason we didn't break it was because we were rejected and didn't enter the weekly overbuy.
For buying again, we are currently very bearish in the weekly and buying is not logical, but after breaking 53.82, our most reliable trigger will be to start an upward movement, and for cashing out and exiting, if we go below 21.02, I will exit myself, and if we return above this number again, I will buy again, this time with a smaller number of avax, but the same amount USDT.
📈 Daily Timeframe
In the daily timeframe, AX has had a deeper correction than other coins, and while coins like bnb, xrp, cake are at their upper support levels, AX has returned to the daily box it had previously formed
After the rejection we had from the level of 53.96, which was accompanied by a correction, it was likely that we would test this resistance again, and after the rejection we went again to break 44.21 and form a price range box.
This range box, which was in the form of a range in most altcoins, appeared in the form of a triangle in AX and caused the formation of lower lows and highs at the same level, and ultimately caused the important support of 35.02 to be broken and a pullback to it and another drop
For now, we need to form a structure to buy, and we can stay between the 22.71 to 29.10 boxes for the next few days and form a new structure for new trends. I also said sell, I will most likely exit below 19.70
⏱ 4-Hour Timeframe
We experienced a deep decline in the four-hour time frame, so much so that our RSI has reached 14, and after that and the re-entry, the price is forced and condemned to suffer, and now some of our triggers are clear
📈 Long Position Trigger
We have 2 triggers for long positions, which we can open after the 26.75 break and with the 28.47 break, and the difference between these two triggers is their riskiness, and the 28.47 level is likely to move sharply, and this 26.75 level may flatter you more!
📉 Short Position Trigger
you can open a short position when both resistance levels are faked and the trigger is 23.93. Since I feel that if we have a decline, it will be the end of the trend and we have been declining a lot so far, I suggest you save your profit quickly and exit!
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
#XRPUSDT is testing key resistance—expecting a correction!📉 LONG BYBIT:XRPUSDT.P from $2.8320
🛡 Stop Loss: $2.8025
⏱ Timeframe: 1H
✅ Overview:
➡️ BYBIT:XRPUSDT.P is showing strong bullish momentum after breaking out of the consolidation zone, supported by increasing volume and a breakout above 2.8301.
➡️ The price continues its upward movement, and the current accumulation suggests a possible further rally.
➡️ POC (Point of Control) at 2.4307 indicates a major liquidity level, making a deeper retracement unlikely in the short term.
⚡ Plan:
➡️ Long from 2.8320, considering the current trend and demand zone confirmation.
➡️ Stop Loss: 2.8025 to minimize risk in case of a false breakout.
🎯 TP Targets:
💎 TP1: 2.8720 – the first resistance level where partial profit-taking is recommended.
💎 TP2: 2.9220 – the next key level for securing the remaining position.
📢 BYBIT:XRPUSDT.P is showing strong buying interest, and as long as the trend remains bullish, further upside potential exists.
📢 Keep an eye on resistance reactions, as profit-taking by larger players could trigger local corrections.
📢 If 2.9220 is broken with confirmation, further movement toward 2.9670 is possible.
🚀 BYBIT:XRPUSDT.P remains in an uptrend — expecting TP targets to be reached!
Evaluating the Future of Midcaps: How Much Pain Is Left....?Midcap Correction: How Much More Pain is Left..?
The midcap sector has experienced a significant correction, currently down approximately 18% amid the broader market downturn. This raises an important question: how much more pain is left for midcaps?
Historical Context and Market Correction :
If we look at past trends, this 18% to 20% correction is not unprecedented. A similar downturn occurred in 2022, when the midcap index was corrected by around 23.3%. Therefore, it’s important to remember that such market fluctuations are a normal part of the cycle and not something entirely new.
Primary Causes of the Correction :
Two key factors have contributed to the current market correction. Firstly, the high valuations of midcap stocks coupled with slower-than-expected earnings growth over the past two quarters have created pressure on prices. While there are other contributing factors, these two stand out as the primary drivers behind the recent downturn.
However, this correction may not persist for long. Looking ahead, earnings are expected to pick up in the coming quarters, fueled by an anticipated boost in consumption due to the new income tax bill presented in the latest budget. As a result, a combination of market correction and improving earnings growth could lay the foundation for a potential recovery and a return of the bull run.
Technical Support Levels and Future Outlook :
From a technical analysis standpoint, the midcap index is currently hovering around the 49,650 mark, which is a significant support level. Additionally, this price point coincides with the 0.5 Fibonacci retracement level, reinforcing its importance as a key technical support area. The broader Fibonacci golden zone, which spans from 50,180 to 46,800, also suggests that this range will provide strong support for the midcap index in the near term.
Given these technical factors, it’s reasonable to anticipate that the downside could be limited to around 5% more from the current level of 49,650. Beyond this range, the market may stabilize, and with expected earnings growth, we could witness a market rebound in the upcoming quarters.
Risks to Consider :
While the outlook for midcaps appears optimistic, investors should remain cautious. One major risk is the ongoing trade war, which continues to create significant uncertainty in global markets. Any escalation in trade tensions could weigh on the broader market, including midcaps, and introduce additional volatility.
Conclusion :
In summary, while the midcap index has experienced an 18% correction, this level of decline is not unprecedented, and there is potential for recovery. With strong earnings growth expected in the coming quarters and key technical support levels in place, the midcap sector could see a return to positive momentum. However, caution is advised, especially considering the uncertainties surrounding the trade war. Investors should keep an eye on these developments to navigate the market with caution and opportunity in mind.
BATMAN Formation Gold has appread to be down to 2788 USDThis chart provides a 4-hour timeframe analysis of the Gold Spot / U.S. Dollar (XAUUSD) pair, indicating several technical aspects and current market conditions.
Price Action and Trend Analysis:
Current Trend: The chart shows a recent bearish movement as indicated by the sharp red candle that breaks below the previous consolidation area and moving average lines. This could suggest a potential reversal or pullback in an otherwise bullish context.
Key Support and Resistance Levels:
Resistance is potentially around $2,907 and $2,900, highlighted by the MA Ribbon lines.
Immediate support is near the $2,850 mark, as shown by the lower green zones and moving averages.
Technical Indicators:
Moving Average (MA) Ribbon:
The price has fallen below the MA Ribbon, suggesting a potential shift in momentum from bullish to bearish in the short term. Watch for these averages as dynamic resistance levels on potential pullbacks.
MACD (Moving Average Convergence Divergence):
The MACD line is below the signal line and moving into negative territory, indicating increased bearish momentum. The expanding histogram in the negative region further supports this view.
RSI (Relative Strength Index):
The RSI is near 41, which is below the midpoint of 50, suggesting bearish momentum. It is not yet in the oversold region (below 30), which indicates that there may still be room for further downside.
Volume:
There appears to be a notable volume spike associated with the recent price drop, which can be seen as validating the bearish move.
Market Sentiment and Potential Strategy:
Short-Term Bearish Signal: The break below key moving averages and the recent bearish candle supported by increased volume suggest that bears are currently in control. Traders might consider looking for short opportunities on pullbacks to resistance levels.
Watch for Potential Reversal: Keep an eye on the RSI and MACD for any signs of divergence or flattening that may suggest weakening bearish momentum. If the price stabilizes or rebounds at the $2,850 support, it could indicate a possible reversal or retracement back towards the moving averages.
Risk Management:
Ensure proper risk management strategies are in place, considering stop-loss orders above the recent swing high or around the MA Ribbon resistance levels. Adjust positions according to real-time market feedback and changes in technical indicators.
GOLD - Weekly forecast, Technical Analysis & Trading IdeasMidterm forecast:
2789.95 is a major support, while this level is not broken, the Midterm wave will be uptrend.
We will close our open trades, if the Midterm level 2789.95 is broken.
Technical analysis:
A peak is formed in daily chart at 2942.55 on 02/11/2025, so more losses to support(s) 2879.11, 2833.00 and minimum to Major Support (2789.95) is expected.
Supports and Resistances:
3000.00
2942.55
2879.11
2833.00
2726.10
__________________________________________________________________
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Next week Idea The rejection at 33.165 was massive. I saw it late that's why I didn't share in my insight before the massive drop form that point of interest.
Next wee might just be bearish for most of the days, probably Tuesday would be the weekly high, Thursday and Friday weekly low.
What's your insights on Silver?
Kindly boost of you find this insightful 🫴
#ONDOUSDT – Key Moment: Further Drop or Reversal?BYBIT:ONDOUSDT.P is showing a bearish trend, trading below key resistance levels. The price is consolidating under $1.3010, indicating a potential continuation downward. Volume is increasing, confirming market interest. If the asset breaks below $1.2890, it could decline towards $1.2760 – $1.2723.
📉 SHORT BYBIT:ONDOUSDT.P from $1.2890
🛡 Stop Loss: $1.3010
⏱ 1H Timeframe
✅ Overview:
➡️ BYBIT:ONDOUSDT.P is testing $1.2890, with potential for a breakdown.
➡️ Rising volume suggests increased trader activity.
➡️ A breakdown below $1.2890 could push price towards $1.2760 and lower.
⚡ Plan:
➡️ Breaking below $1.2890 opens room for further downside.
➡️ Entry at $1.2890, targets at $1.2845 – $1.2723.
➡️ Partial profit-taking recommended at $1.2845 – $1.2760.
➡️ If price moves above $1.3010, the setup is invalidated.
📍 Take Profit:
🎯 TP1: $1.2845 – first target.
💎 TP2: $1.2760 – strong support level.
🚀 TP3: $1.2723 – final profit target.
📢 Bearish confirmation requires a strong close below $1.2890.
📢 If price slows at $1.2845, partial profit-taking is recommended.
📢 A breakout above $1.3010 invalidates the setup.
🚀 BYBIT:ONDOUSDT.P is on the verge of a breakdown – expecting a move to $1.2723!
#GALAUSDT is breaking resistance – expecting a moveBYBIT:GALAUSDT.P is trading near the key $0.02490 level, forming a consolidation zone before a potential breakout. Volume is increasing, and price is holding above POC $0.02255, confirming strong buyer activity. A breakout above $0.02495 could trigger an accelerated move toward $0.02520 – $0.02565.
📈 LONG BYBIT:GALAUSDT.P from $0.02495
🛡 Stop Loss: $0.02460
⏱ 1H Timeframe
✅ Overview:
➡️ BYBIT:GALAUSDT.P is approaching $0.02495, a key resistance level.
➡️ Price remains above POC $0.02255, confirming strong buyer interest.
➡️ Increasing volume supports the potential bullish move.
⚡ Plan:
🔵 Holding above $0.02495 increases the chance of an uptrend.
🔵 Main support at $0.02460 – losing this level invalidates the setup.
🔵 Target zones – $0.02520, $0.02540, and $0.02565, where profit-taking is expected.
🎯 Take Profit:
💎TP1: $0.02520 – first profit-taking zone.
💎 TP2: $0.02540 – strong resistance level.
💎 TP3: $0.02565 – final upside target.
📢 Recommendations:
✅ Bullish confirmation requires a strong close above $0.02495.
✅ If price slows down at $0.02520, partial profit-taking is recommended.
✅ A drop below $0.02460 invalidates the setup.
🚀 BYBIT:GALAUSDT.P is breaking resistance – expecting a move to $0.02565!
📢 Holding above $0.02495 opens the door for further gains. Watch volume closely – if it weakens, price may consolidate.
📢 Entry above $0.02495, targets at $0.02520 – $0.02565.
📢 Partial profit-taking recommended at $0.02540.
📢 If price drops below $0.02460, the setup is invalidated.
📌 Strategy: Resistance Breakout + Profit Targeting at Key Levels.
ETH ANALYSIS🔮 #ETH Analysis - Update 🚀🚀
💲 WAs we can see that #ETH took a good support from its major support lime. We could expect a good move after it cross $3000. After that we could target for $4000.
💸Current Price -- $2700
📈Target Price -- $3000
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#ETH #Cryptocurrency #Breakout #DYOR
#TONUSDT is testing resistance – expecting a breakout!📈 LONG BYBIT:TONUSDT.P from $3.8920
🛡 Stop Loss: $3.8525
⏱️ 1H Timeframe
✅ Overview:
➡️ BYBIT:TONUSDT.P is testing $3.8880 resistance, and a breakout could lead to further upside.
➡️ Price remains above POC $3.81, confirming strong buyer interest.
➡️ Rising volume supports the potential bullish move.
⚡️ Plan:
➡️ Bullish confirmation requires a strong close above $3.8920.
➡️ If price slows down at $3.9400, partial profit-taking is recommended.
➡️ A drop below $3.8525 invalidates the setup.
🎯 Take Profit:
💎 TP1: $3.9400 – first profit-taking zone.
💎 TP2: $3.9800 – final upside target.
📢 BYBIT:TONUSDT.P Holding above $3.8920 opens the door for further gains. Watch volume closely – if it weakens, price may consolidate.
📢 Partial profit-taking recommended at $3.9400.
📢 If price drops below $3.8525, the setup is invalidated
🚀 BYBIT:TONUSDT.P is testing resistance – expecting a breakout!
BTC/USDT AnalysisI attempted a breakout trade on the descending channel, but unfortunately, I got stopped out. The price initially showed signs of breaking above the channel, but the resistance held, leading to a pullback. Despite the stop-loss hit, I’m still watching for a potential bullish move. If the price reclaims the breakout level with strong momentum, I’ll consider re-entering for a long position. Confirmation with volume and a higher high would strengthen the bullish case."
Let me know if you want any modifications! 🚀
NZDCAD - D, H4, H1 forecast, Technical Analysis & Trading IdeasMidterm forecast:
While the price is above the support 0.79427, beginning of uptrend is expected.
We make sure when the resistance at 0.82009 breaks.
If the support at 0.79427 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis:
A trough is formed in daily chart at 0.80285 on 02/12/2025, so more gains to resistance(s) 0.81380 and maximum to Major Resistance (0.82009) is expected.
__________________________________________
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NZDUSD Potential DownsidesHey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.57400 zone, NZDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.57400 support and resistance area.
Trade safe, Joe.
AUDUSD Is Close To The Daily ResistanceHey Traders, in today's trading session we are monitoring AUDUSD for a selling opportunity around 0.64000 zone, AUDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.64000 support and resistance area.
Trade safe, Joe.
BTC Dominance Drops: Is the Alt Season About to Begin?Hello, Traders!
After its recent rise to 64%, BTC.D started to decline slowly and currently dropped below 61%.
In order to resume alt season, BTC.D needs to drop at least below 57% and hold below that mark for a prolonged period of time.
Ideally, it should break below 54% to make a lower low and confirm a sustained downward trend.
Historically, when BTC.D enters a clear downtrend, liquidity flows into altcoins, leading to significant rallies across the board.
I don’t think that even if the alt season really takes off, we will see BTC.D much below 48%—perhaps 45%, but not lower.
At that level, the market typically starts rotating back into BTC, capping further dominance declines.
However, if BTC stagnates while liquidity continues flowing into alts, a deeper drop isn’t entirely out of the question.
One of the potential catalysts for a BTC.D decline and the start of the alt season is Ethereum’s upcoming Pectra upgrade.
Historically, ETH has shown strong performance ahead of major network upgrades, often doubling in price in anticipation.
If history repeats itself, we could see increased demand for ETH, driving capital into the broader altcoin market.
The Pectra upgrade is scheduled for April 8, meaning we might see altcoins gaining momentum in the next couple of weeks.
If BTC remains stable and ETH starts outpacing it, this could create the perfect conditions for the much-anticipated alt season.
Keep an eye on ETH/BTC as well—it could serve as an early indicator of the shift. 🚀
Please don’t forget to boost this idea and leave your comments below.
Are sugar futures ready to extend further up?Looking at the technical picture of sugar futures, we can see that we have approached a key area of resistance. In order to get comfortable with further upside, a break of that territory is required. However, if we see the price struggling to move above all the EMAs on our daily chart, maybe the upside might off the table, at least for now.
MARKETSCOM:SUGAR
ICEUS:SB1!
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.
RAYUSDT Double Bottom Pattern. Bullish Reversal in Play!RAYUSDT has recently formed a Double Bottom Pattern, a bullish reversal formation that signals the potential for a strong price move upwards. The Double Bottom is a classic chart pattern that typically marks the end of a downtrend, and the current setup in RAYUSDT suggests that the price may be on the verge of a significant upward breakout. The volume supporting this pattern is good, which enhances the reliability of this setup and indicates that there is solid investor interest behind the move. Traders are expecting a gain range of 50% to 55%+ if the breakout continues as expected.
The Double Bottom Pattern is characterized by two distinct troughs, which form at roughly the same price level, followed by a breakout above the resistance level. This pattern often indicates a shift in market sentiment from bearish to bullish, and the current setup in RAYUSDT is no exception. As the price starts to break above the neckline of the pattern, it is expected to see a significant rally, potentially reaching new highs in the process. The good volume accompanying this pattern confirms that the market is reacting positively, and there is a good chance for traders to profit from the expected upward momentum.
Investor interest in RAYUSDT is steadily increasing as more traders recognize the potential for strong returns. With the pattern well-formed and backed by solid market support, the coin is poised to make a move that could provide traders with notable gains. If RAYUSDT successfully breaks through the resistance level, it could set off a surge in buying pressure, pushing the price higher and opening the door for a 50% to 55%+ return for those who are positioned correctly. This pattern has the potential to deliver an exciting opportunity for traders looking to capitalize on a strong reversal in the market.
However, it’s important for traders to keep an eye on key levels of support and resistance to confirm the breakout's validity. The broader crypto market sentiment could also play a role in RAYUSDT’s movement, so staying updated on overall market trends will be crucial. Given the current technical indicators and the growing investor interest, RAYUSDT could be poised for an explosive move upward, and traders who time their entry correctly may stand to gain from this bullish setup.
GOLD--> Test ATH 2942. Are buyers ready to act ?OANDA:XAUUSD testing ATH levels which could trigger growth momentum. The target of 3000 is getting closer day by day. Imminent in the near future...
Metals are consolidating after the price surge, maintaining an upward trend. Supported by Trump's tax plan and Fed easing expectations.
Meanwhile, the US Dollar (USD) and US Dollar Index (DXY) are significantly weaker. Markets are reacting to the delay in tariff implementation and comments from Trump and Powell about the need for interest rate cuts (requiring weeks or months before implementation), which has supported gold. Ahead lies potential profit-taking and impact from US Retail Sales data for January to be released.
Resistance levels: 2942, 2950
Support levels: 2929, 2923, 2908
Emphasis on key support levels. From there, price will realize growth potential. I don't rule out the possibility of retesting 2929-2922 before buyers continue their action.
Best regards, Bentradegold!
