BTC BREAKS DOWN... AND BOUNCESThe Bitcoin daily chart is presenting a technically rich picture, with clear structure and key moving average interactions. Most notably, we’ve seen a breakdown from a classic head and shoulders pattern. The neckline has been broken decisively and is now being retested from below – a common behavior when former support becomes resistance. Traders often watch this level closely for rejection or reclamation.
Despite the breakdown, price is currently finding support at the 50-day moving average, which is rising and suggests underlying trend strength. This bounce has brought Bitcoin back to retest the neckline zone, offering a potential inflection point. A reclaim above the neckline could invalidate the bearish pattern and reignite momentum. Conversely, if price is rejected here, the head and shoulders may play out further, with targets aligning near the $92K level.
Momentum is still neutral to slightly bullish, and volume has picked up on the bounce – which is a positive sign. All in all, this is a key moment for Bitcoin. Holding above the 50 MA and reclaiming the neckline would shift the bias back toward the bulls.
Losing the 50 MA could invite further downside.
Trend Analysis
SOL/USDT Technical Breakdown: $125 Support in Sight?Key Observations:
1. Bearish Momentum Intensifying
SOL has been in a steady downtrend since its recent local high near $190, forming lower highs and lower lows on the 4H timeframe.
The current price sits around $147.63, having broken below a minor support level near $149.81.
2. Key Support Level: $124.50
The green horizontal line at $124.50 marks a critical demand zone, which acted as a launchpad during the April rally.
A clear blue arrow on the chart suggests a potential bearish continuation into that zone.
3. Structure and Price Action
The market is forming a descending channel, respecting key horizontal levels.
If the current downward pressure persists, a retest of the $124.50–$125 area looks likely.
Levels to Watch
Immediate Resistance: $149.80 – previous support now flipped
Support Zone: $124.50 – demand-based with prior reaction history
Trend: Bearish in short-to-mid term
Trade Setup Idea (Not Financial Advice)
Entry: $147–$149
Target: $125
Stop Loss: $155 (above minor structure)
Note to Traders
This setup leverages classic support-flip mechanics and momentum-based sell-offs. Watch for confirmation via volume spikes or sharp candle closes. As always, adjust sizing based on your risk tolerance.
GOLD/USD indicating strong selling pressure.1. Resistance Zone:
A horizontal resistance line is clearly marked, acting as a significant barrier near the current price level.
Price has tested this level multiple times, indicating strong selling pressure.
2. Entry & Sell Setup:
An entry point is labeled just below the resistance line.
A short (sell) setup appears to be in play, with the current candle rejecting the resistance zone.
3. Fibonacci Retracement Targets:
Multiple Fibonacci levels are drawn from a recent swing low to a high.
Retracement levels visible: 0.382, 0.5, 0.618, 0.786, 0.886 (commonly used in price correction analysis).
These levels are labeled as target zones for a potential price decline.
4. Bearish Bias:
The chart suggests a bearish outlook, expecting a reversal from resistance.
Arrows and labeling indicate a downward price movement toward the target zones.
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🔧 Technical Indicators & Tools
Replay Tool: Visible, possibly used for backtesting.
Drawing Tools: Trendlines, rectangles, Fibonacci tools.
Strategy Tester: Appears enabled.
No visible moving averages, RSI, MACD, or volume indicators—this is likely a price-action-focused setup.
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🧠 Interpretation
The trader is likely planning a short position at or just below the resistance zone.
The take-profit (TP) levels are aligned with Fibonacci retracement levels.
The setup assumes the resistance will hold and lead to a retracement of the prior bullish move.
Risk/Reward seems calculated based on price structure and retracement confluence.
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✅ Conclusion
This chart demonstrates a clean, professional price action and Fibonacci-based sell setup on GOLD/USD, with strong technical reasoning behind the entry and target zones. The resistance level is a key pivot, and the retracement targets are technically aligned for potential profits on a bearish move.
Non-agricultural data is coming. Disrupt the market?Market analysis:
The market once again staged a long-short trend yesterday. Due to the intensification of geopolitical risks, gold has been advancing all the way. Because of the easing of Sino-US trade relations, prices have fallen sharply. From the current market point of view, non-agricultural data is the key today. After a sharp drop in the early morning, it fluctuated sideways and maintained a small rebound.
According to the ADP data on Wednesday, there is a high probability that the data will be bullish today. The support in the early trading will focus on around 3345. Under the condition that the upward trend remains unchanged, the current market prompts a risk of retracement, but it will not prompt shorts to enter the market; before the non-agricultural data, it is still a low-multiple idea.
Non-agricultural data analysis:
Non-agricultural, recently affected by tariff conflicts, employment is very bad, especially Wednesday's ADP data, which is far below expectations, and this month's non-agricultural is expected to be 130,000. Although the expectation is lower than 177,000 last month, this number is still relatively high compared to ADP.
If the data released is higher than 177,000, it will be bearish for gold, but in terms of tariffs and ADP, this possibility is extremely small. The data is higher than 130,000 and lower than 177,000, which is also likely to be bearish for gold.
If it is lower than 130,000, gold may take this opportunity to rise sharply.
I think according to Wednesday's ADP, today's non-agricultural data is likely to be lower than 130,000, and the market will rise.
Positions to pay attention to today:
First support level: 3345, second support level: 3330, third support level: 3300
First resistance level: 3375, second resistance level: 3390, third resistance level: 3410
Operation strategy:
Aggressive trading-currently long at 3370, after the release of non-agricultural data, the gold price is likely to rise above 3400 points, which is also our profit range.
Steady trading-long at around 3350, the profit range is still at 3400 points after the release of non-agricultural data.
BNL LONG TRADE (SECOND STRIKE)BNL has recently completed second SPIKE Phase of its splendid uptrend with – it gave an optimum Pullback with befitting Volume Distribution. It is ready to resume its uptrend.
🚨 TECHNICAL BUY CALL –BNL 🚨
🎯BUY1: Rs. 34-35.5
📈 TP1 : Rs. 43.5
📈 TP2 : Rs. 48.11
📈 TP3 : Rs. 57.1
🛑 STOP LOSS: BELOW Rs. 30.5 (Daily Close)
📊 RISK-REWARD: 1:8.5
Caution: Please buy on levels in 3 parts. Close at least 50% position size at TP1 and then trail SL to avoid losing incurred profits in case of unforeseen market conditions.
EURUSD(20250606) Today's AnalysisMarket news:
The European Central Bank cut three key interest rates by 25 basis points. Lagarde hinted that the rate cut cycle will end, and the market is no longer fully pricing in another 25 basis point rate cut this year.
Technical analysis:
Today's buying and selling boundaries:
1.1447
Support and resistance levels
1.1537
1.1503
1.1481
1.1412
1.1391
1.1357
Trading strategy:
If the price breaks through 1.1447, consider buying, and the first target price is 1.1481
If the price breaks through 1.1412, consider selling, and the first target price is 1.1391
Downside Risk Ahead: ETH Drops Below 20-Day MA
The last few candles show strong red bodies, suggesting selling pressure.
Price has closed below the middle Bollinger Band (20-day moving average), often a trigger point for downside momentum. This suggests a transition from neutral/bullish to bearish momentum.
Recent highs failed to break the previous peak near $2,900. This forms a lower high, indicating weakening buying strength.
Good Stock for Medium to Long TermClosed at 181.52 (05-06-2025)
Printed HH on Daily tf.
Should retrace towards 177 - 178
& then may be around 165 -166 to print
HL.
188 - 195 is the resistance for now that
needs to be sustained.
Crossing this may move the price towards
235 - 236.
Medium to Long term target can be around
290 - 300 if 260 is crossed with Good Volumes.
SILVER MASSIVE BULLISH BREAKOUT|LONG|
✅SILVER is trading in an uptrend
And the price made a massive
Bullish breakout of the key horizontal
Level of 34.80$ and the breakout
Is confirmed which reinforces
Our bullish bias and we will
Be expecting a further
Bullish move up
LONG🚀
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
AUD_JPY LOCAL SHORT|
✅The retest of the strong resistance level of 93.874 on AUD_JPY pair
Has happened after trading in a local uptrend from some time
Which makes price decrease a likely scenario
With the target being a local support below at 93.300
SHORT🔥
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
BTC bearish in Short termBTC has broken the 31 May low, so the short-term view is bearish.
It also made a head and shoulder pattern, which supports the view on the short side.
As gold and silver are bullish and DXY (dollar index) bearish, then a flat pattern (5 wave up) mentioned in the chart is also possible
In both cases, BTC is short-term bearish
Plz Follow me on X for more updates
PIAHCLA LONG TRADE 05-06-2025PIAHCLA LONG TRADE
PIAHCLA has been trading in a converging channel since June 2024. Recently, the stock gave a breakout from this channel, preceded by a selling climax and a strong upward reversal (spring-like motion) supported by good volume gradient.
The breakout has also created an IFDZ, which will act as a barrier against downward movements. Considering these factors, we believe this trade setup has high probability and is relatively safe.
🚨 TECHNICAL BUY CALL – PIAHCLA🚨
- BUY1: 19.5 (current level)
- BUY2: 18.9
- BUY3: 18.3
- TP1: 21.6
- TP2: 23.7
🛑 STOP LOSS: BELOW 17.1 DAILY CLOSE
📊 RISK-REWARD: 1:4.5
Caution: Close at least 50% position size at TP1 and then trail SL to avoid losing incurred profits in case of unforeseen market conditions.
PLEASE BOOST AND SHARE THE IDEA IF YOU FIND IT HELPFUL.
BTC/USD 15MThe chart you've shared is a 15-minute Bitcoin (BTC/USD) chart with technical analysis markings. Here's a breakdown of the analysis and what it might suggest:
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Key Elements on the Chart:
1. Descending Trendline (Yellow Line):
This indicates a bearish trend or resistance line where price has consistently failed to break higher.
2. Register Point (Horizontal Maroon Line):
This appears to mark a key support level that was previously tested multiple times.
It's labeled as "REGISTER POINT," suggesting it's a significant level for price action decision-making.
3. Target Hit Zone (Lower Maroon Box):
This is the projected target zone after price breaks below the support line.
4. Price Movement Arrows (Black and Green):
Black arrows depict a likely retracement or consolidation after the breakdown.
The large green arrow indicates a bearish continuation expected after a possible retest of the register point.
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Interpretation:
The chart seems to imply a bearish outlook:
Price broke below the "Register Point" support.
There may be a retest of the support as resistance, which is a common bearish confirmation.
The final expected move is a drop toward or past the "TARGET HIT" zone (around 103,750).
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Potential Strategy Implied:
Short Entry: On rejection from the "Register Point" (now acting as resistance).
Target: The maroon box labeled "TARGET HIT."
Stop Loss: Likely above the descending yellow trendline or recent swing high.
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Would you like a deeper technical breakdown (e.g., risk-reward, entry zone, or stop-loss suggestions) or for me to track this live chart setup further?
Is there still a chance for a bull market in gold's decline?📰 Impact of news:
1. European Central Bank deposit facility rate in the eurozone as of June 5
2. Initial jobless claims data
3. Non-farm payroll data
4. Worsening geopolitical situation
5. Watch the impact of the dialogue between Trump and Xi Jinping on gold
📈 Market analysis:
This round of geopolitical conflict caused an upward breakthrough, but the price has cooled down due to the negotiations between China and the United States. The current market is swaying at 3374. In fact, gold has not yet taken a more obvious direction. After all, tomorrow, Friday, is a key node in the data market game. At the 4H level, today's European session has reached the 3404 line, and encountered resistance and pressure here. The current retracement is in line with our expectations, and we expect to go long. As long as the key position of the middle track is maintained, it will continue to rise after being pulled down. At present, I still hold long orders.
🏅 Trading strategies:
BUY 3390-3385-3375
TP 3400-3410
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.
TVC:GOLD FXOPEN:XAUUSD FOREXCOM:XAUUSD FX:XAUUSD OANDA:XAUUSD
EUR/USD Bullish Breakout from Key Demand ZoneStrong bullish reaction from a well-defined demand zone ('zona buy') on EUR/USD. Price broke above resistance with momentum, confirming buyer interest. The RSI shows bullish strength, supporting further upside potential. Watching for continuation towards the 1.1578 target while managing risk below 1.1399 support.
AAPL CallsHypophysis: AAPL has been trending in a wedge pattern on the weekly and daily time frame since mid-April. I am considering a monthly or weekly call option.
Additional arguments: I am thinking Long because of the yearly trend on AAPL, the Tariff pausing, and the large "buy of the dip" that happened in the first week of April.
Conditions: I need more data points on the daily timeframe to see how the price action reacts towards the tip of the wedge. I plan to re-evaluate my entry/exit points for the long call position around WED-Fri (5/11-5/13).
Conclusion: If anyone wants to chime in here and maybe share how option prices would potentially increase closer to the wedge tip, that would be great! I would only consider an early entry if option prices would be a bargain at an early entry point, but this would sacrifice confirmation by having a looser trade plan.
Crude oil pullback bullish trend
💡Message Strategy
Saudi price cuts and OPEC+ supply adjustments affect market sentiment
Crude oil came under pressure in the middle of the week after Saudi Arabia cut its July sales price to Asia to the lowest level in nearly two months. This follows OPEC+'s decision to increase production by 411,000 barrels per day in July, indicating that major oil producers are still prioritizing market share even amid volatile demand signals. This coordinated move by Saudi Arabia and Russia is seen as an attempt to constrain overproducers and strengthen control over global supply dynamics.
Refineries drive crude stock draw, but fuel demand lacks
Weekly data from the U.S. Energy Information Administration (EIA) delivered mixed messages. U.S. crude stockpiles fell by 4.3 million barrels to 436.1 million barrels, driven by a sharp increase in refinery runs, exceeding expectations. Utilization rose to 93.4%, indicating that refineries are preparing for a seasonal peak in demand. Adding to the bullish signal from the crude stock draw.
📊Technical aspects
On the technical side, the daily chart of WTI crude oil shows that oil prices have been under pressure for three consecutive trading days and are currently trading above the 20-day and 50-day moving averages, reflecting the dominance of short-term bullish sentiment. The MACD indicator shows a dead cross and the momentum column is enlarged, indicating that the upward trend is still continuing.
In the previous post, we have pointed out that the upward target and trend of crude oil have been reached. The main theme of crude oil in the future will still be a bullish correction.
💰 Strategy Package
Long Position: 62.50-63.00
GOLD Ready to Explode? Breaking ATH Resistance – 3800 Next?!Gold is heating up! 🔥 Price just broke the daily resistance trendline and is now testing the top of the range 👀
📈 A confirmed breakout could send us flying to 3523, 3628, and even 3800+ USD!
💡 Watch for strong bullish momentum above ATH resistance.
📊 Targets marked – Risk/Reward is 🔥
💬 What’s your bias – breakout or fakeout? Drop your thoughts below!
#Gold #XAUUSD #Breakout #TradingView #PriceAction #SmartMoney #TrendlineBreak