Trend Analysis
S&P500: Very bullish after Trump's win! But...Market is still bullish, but momentum is weakening.
There's a clear support zone at between 5910 to 5950. This is where I forecast it will drop to if profit taking were to happen.
If you want to be trading short term, then make sure you see signs of reversal at the 4H chart...like bearish engulfing, tweezer top or double/triple top / H&S at the lower timeframes (1H or 15min).
Then move down to 5min to look for divergences or lower highs for entry.
EUR/GBP Support ZoneEUR/GBP is currently trading at a strong weekly support level. This area has historically acted as a key turning point, providing solid buying opportunities. The pair shows signs of potential reversal, with buyers stepping in to defend this level. Target the next resistance level for profit, with a stop-loss set just below the support to manage risk.
BTC to $77,563This weekend, I'm sharing my BTC outlook on TradingView. The thesis: retail FOMO is still strong, with traders buying near the top ahead of a likely correction to the $70K-$74K range. Following Trump's recent election victory, BTC is seeing a bullish surge as traders anticipate economic promises he made during his campaign. However, while optimism is high, any fundamental policy changes will take time to materialize, and the initial market reaction is likely more sentiment-driven than sustainable.
I project that BTC will reach the $77K level, creating a new high while preserving bearish divergence—a crucial point to watch. I’m trading on the one-hour chart, where the current pattern appears primed to repeat until proven otherwise. My stop loss is set below the green support line at $76,218 in case momentum shifts.
As this is my first TradingView post, I hope my insights resonate with you. Wishing you success this weekend as the U.S. market buys into the bullish trend. Good luck, and I hope you find my perspective useful.
Gold short term analysisDue to the American election conditions, the price of gold will decrease over time, which will eventually return to its original state with successive price increases.
Considering the geopolitical conditions, we can expect a new price record for gold
In this analysis, we marked the strong increases with blue color, and the pale blue color in this change indicates the possibility of increase.
Sasha Charkhchian
BTCUSDT 📉 BTC/USDT Analysis Update 📉
The market is currently forming an ending diagonal pattern, which has yet to complete, creating a sense of tension and uncertainty. Given the current setup, I have two possible counts for BTC's next move, and it's unclear which direction will prevail. Therefore, I’m holding off on opening a short position until I see a clear breakdown.
🟠 Bearish Scenario - Red Path
The first scenario involves BTC breaking down from its current level. A move below $75,600 would confirm this breakdown, signaling the start of a correction. In this case, the target zones would be between $71,000 - $72,000.
🔵 Alternate Scenario - Blue Path
Alternatively, BTC might make one more push higher into the $77,200 - $78,200 range before starting its downward correction. This would allow for a deeper, more complete pattern before a potential reversal.
📉 Risk Assessment
Right now, the setup is like a double-edged sword—taking a short position with a stop-loss at the recent high carries significant risk. There's a 50% chance of getting stopped out by a quick spike above the current level before a reversal happens. The declining volume and numerous bearish divergences on multiple timeframes (15m, 1H, 4H) support the idea of an imminent correction, but this doesn’t rule out the possibility of a quick 2-3% rally before the correction takes hold.
📝 Plan
I’m waiting for a breakdown confirmation below $75,600 to confidently enter a short position. Until then, I'll be cautious, as BTC could still make a final upward move, driven by low volume and divergences.
Disclaimer:
⚠️ This is not financial advice! All information provided is for educational purposes only. Always conduct your own research before making any investment decisions. Trading carries a high risk and may result in the loss of capital
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EURUSD Trade EURUSD Trade
Macro NY 9:50
In London Price takes out buy side. Price heavy after 6 30am seeking lower prices.
Price comes to .618 and swings back up to make equal highs. Breaks back down at 930 and 10 am breaks structure also hitting the .70 level. Another swing up and by 11 am full drop to the sell side liquidity.
Enter at 10 am and exit at 12pm
Logic sound trade!
BITCOIN Correction Is Done🔥 And Finally The BITCOIN Price Break The Important 74k Resistance Area By The Strong Green Candle And Now I Can Say BTC Correction Is Done
👉 During Last 5 Days I Was Waiting To Get a Strong Market Entry Confirmation From The Market After USA Election And Today I Got It
📊 Don’t Forget More Than 90% Of Coins Are Under Their 2 Months Ago Highs So There Are Lots Of Great Buy Opportunity All Over The Market, New Alts Signals Are Coming
HelenP. I Bitcoin will correct to support zone and continue riseHi folks today I'm prepared for you Bitcoin analytics. Some time ago, the price declined to the trend line and then at once rebounded up and rose to support 2, which coincided with the support zone. Soon, the price broke this level, made a retest, and continued to grow, but later turned around and made a correction movement to support 2. Then, BTC tried to grow again but made a correction one more time to the trend line, and then it finally started to rise. In a short time, BTC grew to support 1, which coincided with one more support zone, some time traded near and then dropped to the trend line. Price some time traded between this line and later made a strong impulse up, breaking support 1 and even rising higher than the support zone. At the moment, the price continues to move up and I expect that BTCUSDt will correct to the support zone and then continue to move up. For this reason, I set my goal at 77400 points. If you like my analytics you may support me with your like/comment ❤️
XAU/USD : Bullish Movement Ahead ? (READ THE CAPTION)Analyzing the #Gold chart on the 4-hour timeframe, we see that yesterday’s bearish trend played out as expected, hitting all downside targets at $2717, $2700, and $2686, even extending further to $2643. This aggressive decline resulted in over 1000 pips of movement within a single day.
Currently trading around $2670, gold faces a significant liquidity gap, and with the interest rate decision due tonight, I expect the price to recover and potentially fill this gap. Expect heavy market volatility—trade cautiously!
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
PEPEUSDT Pennant Breakout: Ready for Lift-Off? BINANCE:PEPEUSDT has just broken out of a bullish pennant formation, hinting at a potential strong upmove. Recently, it formed an inverse head and shoulders pattern that led to impressive gains, and now, with this breakout, we could see a similar rally. This setup mirrors BINANCE:DOGEUSDT ’s previous path, suggesting a possible bullish follow-through.
As always, trade with caution. Set your stop loss to manage risk and make the most of this opportunity safely. Trade smart, and let’s see where BINANCE:PEPEUSDT takes us!
OKX:PEPEUSDT.P trading at $0.000011
Buy level: Above $0.00001
Stop loss: Below $0.0000077
TP1: $0.000013
TP2: $0.000017
TP3: $0.000025
TP4: $0.00005
Max Leverage 2x
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Spy now at 800% or 8x the 20 day Turtle Channel.Measured off the bottom of October 2023. SPY hit the 800% or 8x the 20 day price channel. For the back testers out there, the 2023 market correction was 400% or 4x of the 55 day price channel. I think the market will be ready for a pause soon. Spy is also at 1.618 extension off of the 55 day breakout
NEW IDEA FOR ETHUSD
Ethereum needs a price correction after the rise caused by Trump's victory
Looking at the trend in the 1-hour time frame, Ethereum is swinging in a bullish corner pattern and now it is a likely scenario that the rate could drop to the $5,708 support after breaking the bottom support of the pattern.
Altcoin Rally on the Horizon? Watch This Level!The total crypto market cap excluding BTC (Total 2), currently in a downtrend within a descending channel. It recently broke through a key resistance zone Blue at 962.013B - 976.72B mark. The green projection suggests a potential breakout from this channel, with a bullish target near 1.271T. If the breakout holds, it could signal a strong uptrend and potential alt season ahead.
Expecting a possible retracement in the 73.7k-71.5k zoneExpecting a possible retracement in the 73.7k-71.5k zone, which could present both long and short opportunities. 🔄
• A pullback is healthy for continuation – buy the dip or take profits on short positions before the next surge. 💰
Stay updated for more insights. Trade wisely and safe! 🔐
DYOR NFA