THORChain Prepares New Bullish Wave · Trades at Bottom PricesLook at the period between June 2022 and October 2023. This is literally what we call "bottom prices," and this is exactly what we have now.
In this case, RUNEUSDT, the period starts January 2025 until this present day. THORChain is trading at bottom prices. The best time to buy before a major bullish wave.
Look back to October 2023, after a very strong and prolonged sideways period, the market turned extremely bullish, this is the exact same pattern we will have again. After months and months of sideways, the market will recover and turn, producing a new trend, an uptrend.
In late 2020, also around October, there was another consolidation period at bottom prices before a major rise. So this happens all the time. THORChain goes up and then hits bottom. Once at the bottom it lingers there for a while finally to recover and become super bullish. Each bullish period lasts anywhere between 6-12 months. Can be more or less depending on when you start to come but the project has been proven to move wild and big when the bulls are in. Which is what comes next.
Do not be deceived by the low prices or the short-term, everything can change in an instant and you already saw the preview, you already saw what is possible and to this market phase we are getting close. We are getting close to the next bullish wave and this wave will produce marketwide growth. Many more pairs will move compared to previous cycles and the advance will last that much longer.
It is already happening. The low was hit in January, almost 8 months ago. We are about to move higher, the highest prices since 2021.
Namaste.
Trend Analysis
CHF_JPY RISKY LONG|
✅CHF_JPY has retested a key support level of 182.800
And as the pair is already making a bullish rebound
A move up to retest the supply level above at 183.700 is likely
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.
DOGEUSDT|Pullback Confluent Support -cup&handle next ext. +80%DOGE - retraced at the confluent support zone, high potential pullback buy position:
- SMA50 Dynamic support—often attracts mean-reversion buys.
- cup & handle support retest Price retested prior breakout zone—flips resistance to support.
- key 38% Fib “sweet spot” pullback level after corrective moves.
- Previous Change of Character marks shift from bearish to bullish structure—support confluence.
Potential Entry & Risk Management
Entry Zone
- Aggressive: immediate handle breakout support
- Conservative: Wait for liquidity pattern and re-bounce confirmation candle above SMA50
Stop-Loss
-Below Cup Handle low -10% larger position prior swing high RR:2.5/1
-Suggested SL: previous low -0.17 USDT - 5% below entry
Initial Targets
-Key resistance 61.8% Fib retracement — 0.217 USD
-100% Prior swing high — 0.26 USD
-162% Next extended target - 0.35 USD
Trade Rationale
-Mean-reversion into SMA50 and Fib 38.2% zone aligns multiple buyers.
-Pattern support: Cup & handle retest confirms breakout strength.
-Structure flip: CoCh zone indicates bullish regime shift.
Watch-Outs
-Rejection below 0.188 USD erodes support cluster—invalidates setup.
-Rising volume on bounce is crucial—low-volume lifts often fail.
-Beware broader market sell-offs impacting altcoins.
Next Steps:
-Monitor 4-hour candlestick close inside entry zone.
-Check volume spike on reversal candle.
-Adjust risk dynamically if price gravitates toward upper channel resistance.
Always trade with affordable risk and respect your stop..
EURGBP Will Collapse! SELL!
My dear subscribers,
EURGBP looks like it will make a good move, and here are the details:
The market is trading on 0.8667 pivot level.
Bias - Bearish
My Stop Loss - 0.8675
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 0.8650
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
THE KOG REPORT - NFPTHE KOG REPORT – NFP
This is our view for NFP, please do your own research and analysis to make an informed decision on the markets. It is not recommended you try to trade the event if you have less than 6 months trading experience and have a trusted risk strategy in place. The markets are extremely volatile, and these events can cause aggressive swings in price.
Following on from the FOMC KOG Report which worked quite well, we’ll stick with the same chart and for today suggest caution. It’s the first day of the month and the last day of the weekly candle. The close here for gold is important and will give us further clues to the next few months.
We’ve shared the red boxes and the red box targets are below. There is a key level above 3306-10 which will need to be breached to correct the move back up to the 3330-34 region for the weekly close. However, we now have an undercut low which is potential if there is more aggressive downside to come and that level is sitting around the 3240-50 region which for us may represent an opportunity for a swing low. We’re a bit low and stretched here to short and as we’ve already hit our target for the day so we’ll wait for the extreme levels and if hit and our indicators line up, we may take some scalps. Otherwise, as usual on these events, the ideal trade will come next week.
RED BOXES:
Break above 3290 for 3295, 3306, 3310 and 3320 in extension of the move
Break below 3275 for 3267, 3260, 3255 and 3250 in extension of the move
Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated.
As always, trade safe.
KOG
EUR/USD Elliott Wave Count Signals Downside TargetsThe EUR/USD chart is displaying a completed 5-wave Elliott impulse structure, suggesting the potential start of a larger corrective move to the downside. Wave 5 appears to have finished after a classic ending diagonal pattern, with price now breaking below the wave 4 support trendline — a strong confirmation of trend exhaustion.
Currently, price is retracing upward towards the 0.5–0.618 Fibonacci retracement zone of the last impulsive leg, around 1.15912–1.16383, which may serve as the final rejection zone for bears to re-enter. This area aligns perfectly with prior support-turned-resistance and is considered the potential reversal pocket.
If price holds below the 1.17869 invalidation level, the structure supports the beginning of an ABC correction or a larger bearish impulse.
Target 1 (T1): 1.14800
Target 2 (T2): 1.13915
Stop Loss (SL): 1.17869
This scenario remains valid as long as the price does not break above 1.17869. A clean break and close above this level would invalidate the bearish setup and suggest a possible wave extension.
S&P 500 Bullish Rounding Bottom in PlayS&P 500 continues its upward trajectory, supported by a clearly defined rounding bottom formation. Price has successfully broken above the neckline resistance, followed by a technical pullback which was met with a strong buy reaction, validating this zone as a key demand area.
This pullback area now acts as a critical structural base and the current bounce reinforces bullish continuation bias. The active plan is to accumulate within the buy-back zone and follow the path laid out in the chart towards the projected upside targets.
Drop your stock requests in the comments for a quick analysis, only US-listed stocks will be reviewed under this post.
USD/CAD Breaks Triangle: Bullish Target in SightHello guys!
USD/CAD has broken out of a clear triangle formation, signaling strong bullish momentum. The breakout above the top line of the triangle, supported by earlier bullish divergence, confirms that buyers are now in control.
Triangle breakout confirmed
Strong bullish impulse post-breakout
Retest of the broken trendline expected
Target: 1.38791
A clean retest of the breakout level could provide another entry opportunity before price reaches the target zone highlighted in blue.
USD/CAD Rises to 2-Month HighUSD/CAD Rises to 2-Month High
Today, the USD/CAD exchange rate briefly exceeded the 1.3870 mark – the highest level seen this summer. In less than ten days, the US dollar has strengthened by over 2% against the Canadian dollar.
Why Is USD/CAD Rising?
Given that both the Federal Reserve and the Bank of Canada left interest rates unchanged on Wednesday (as expected), the primary driver behind the pair’s recent rally appears to be US President Donald Trump's decision to impose tariffs on several countries – including Canada:
→ Despite efforts by Prime Minister of Canada Mark Carney to reach an agreement with Trump, no deal was achieved;
→ Canadian goods exported to the US will now be subject to a 35% tariff;
→ The tariffs take effect from 1 August;
→ Goods compliant with the United States-Mexico-Canada Agreement (USMCA) are exempt.
Media analysts note that the tariffs are likely to increase pressure on the Canadian economy, as approximately 75% of the country's exports are destined for the United States.
USD/CAD Technical Analysis
At the end of July, the price formed a steep ascending channel (A-B), with bullish momentum confirmed by a decisive breakout above the 1.3790 resistance level, as illustrated by the arrow:
→ the pullback before the breakout was relatively shallow;
→ the bullish breakout was marked by a long bullish candlestick with a close near the session high;
→ following the breakout, the price confidently consolidated above 1.3790.
Provided that the fundamental backdrop does not undergo a major shift, bulls might attempt to maintain control in the market. However, the likelihood of a correction is also increasing, as the RSI indicator has entered extreme overbought territory.
Should USD/CAD show signs of a correction after its steep ascent, support might be found at:
→ line C, drawn parallel to the A-B channel at a distance of its width;
→ the previously mentioned 1.3790 level, which now acts as a support following the breakout.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
ChainLink · Short-Term Correction (Retrace) · 2025 Bull MarketWe have evidence that ChainLink won't be moving much lower. There are mainly two reasons: 1) There aren't that many sellers and 2) we have strong support. We have an active support range between $14.5 and $15.95. This is the reversal point. Either current prices or this lower range which shows an intersection between two strong moving averages as well as Fib. retracement levels.
The rise between June and July has a stronger slope compared to the one before. The April-May rise was more spread out and so the correction lasts longer. The present one has a stronger slope, it is more steep, and thus a retrace will have a shorter duration because prices will continue growing.
Volume is extremely low on the drop and bearish momentum is not present. There can be one final flush reaching the levels mentioned above or lower on a wick and the market turns. The flush would make everything seen pretty bad and red but the truth is that this would be the end. When the major sell is in, the market turns around and moves the other way.
LINKUSDT is retracing within a bullish bias mid-term. Long-term growth is possible based on the bigger picture.
LINKUSDT is facing an intersection of multiple support zones, if these levels hold, we can see a resumption of the bullish move and prices grow. Each time a retrace is over, the bullish wave that follows will be many times stronger than the previous one until the bull market ends.
We are still looking at bottom prices. The best is yet to come.
Namaste.
DeGRAM | GBPUSD is forming the falling wedge📊 Technical Analysis
● GBPUSD is attempting a reversal from the lower boundary of a descending channel after forming a short-term double-bottom near 1.3138.
● Price is now climbing toward 1.3258 resistance, supported by bullish divergence and a break of the local falling wedge.
💡 Fundamental Analysis
● The USD is under pressure ahead of key NFP data, as ISM manufacturing misses weighed on Treasury yields.
● Positive UK PMI and consumer lending data have supported GBP, with BoE policy expectations firming above neutral.
✨ Summary
Long bias above 1.3138. Breakout targets 1.3258 ➜ 1.3423. Setup valid while price holds above 1.3110 support.
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Dip before the next run? Bitcoin has recently seen a significant dip from it's all-time highs, about 7% at the time of writing. The global M2 money supply is considered a strong indicator for predicting Bitcoin's price movements. Currently, it suggests that bitcoin may continue to decline before experiencing a reversal. According to this indicator, a bullish run could begin around August 10. But of course like all indicators nothing is certain. OKX:BTCUSD
Cosmos 365 · Proof of Bullish · Bull Market Wave NextCosmos (ATOMUSDT) has been sideways for an entire year now. The current trading range is a long-term support, buy and accumulation zone. This zone is already proven to be a bullish launchpad based on late 2024. The same levels were active in August-October-November 2024 leading to a mild bullish wave. This is only the start.
The same support range is activated again in Febraury-March-April-May-June-July-August 2025 and this will lead to a major bullish wave. Notice that the first period of consolidation lasted only three months and thus we had a mild wave only. With now six full months of consolidation the next bullish wave will be at least twice as big. But the market and how participants act and react doesn't work linearly. A six months consolidation period can lead to a bullish wave that is 3-5 times stronger than the previous one.
What you are seeing right now is actually pretty good. ATOMUSDT is red, yes. Notice weeks of bearish action yet no new lows, no significant challenge of support. More sideways which is as bullish as it gets. We already saw many examples of a downtrend and how the market goes lower and lower always producing new lows. This scenario is far from being what is present on the chart.
ATOM has been dropping for weeks but its price isn't affected that much negatively because this is only a minor retrace. An intermediary pause. The positive side of this type of market behavior is how it tends to unravel. It goes from quiet and shy to fast, surprising and unexpected. The market can change any day.
You can start seeing bullish action tomorrow just as it can start next week or the week above. The retrace has been going long enough and it lacks volume and momentum, sellers are running dry; when momentum dies down, the market turns.
Look at Bitcoin, it isn't dropping anymore. It stopped at the previous high and so far this is a strong support. Even if it moves lower, we continue bullish above $100K long-term. It is normal for a small pause before additional growth. $15 is an easy target, ATOM can grow much more in the coming months. Late 2025-early 2026 are the best dates for higher prices. Buy now and hold.
Namaste.
ADA Correction Nearing Completion — Is It Time to Load Up?After tagging the golden pocket resistance zone between $0.9208–$0.9527, ADA completed a clean 5-wave Elliott impulse right into a major resistance. Since then, price has corrected -25%, and we’re now likely nearing the end of an ABC correction — the final wave C.
🧩 Technical Breakdown
➡️ Wave A: 5-wave drop after the peak
➡️ Wave B: Bounce rejected at yearly open (yOpen) — that was a great short opportunity around $0.845
➡️ Wave C: Now working toward completion
🎯 C Wave Target Zone: $0.69–$0.65
This zone has strong confluence:
0.618 Fib retracement of the entire 5-wave move at $0.6732
1.0 TBFE (Trend-Based Fib Extension) aligns perfectly
Sell-side liquidity (SSL)
0.786 Fib Speed Fan support
Monthly 21 EMA/SMA adding a final confluence layer
🟢 Long Setup
Entry Zone: $0.69–$0.65 (ladder in)
Stop Loss: Below the monthly 21 EMA/SMA ($0.6)
Target 1: mOpen key resistance
Target 4: 0.666 Fib at ~$0.95
Risk:Reward: ~1:4+
💡 Educational Insight
After a 5-wave impulsive move, ABC corrections are common. Using the Trend-Based Fib Extension tool to project wave C, especially when paired with liquidity zones, VWAP, or moving averages, helps pinpoint high-probability reversal zones. It’s about confluence and reaction — not prediction.
🔍 Indicators
For this analysis, I’m using my own indicators
DriftLine – Pivot Open Zones and
MFT MA Support/Resistance Zones
both available for free. You can find them on my profile under “Scripts” and apply them directly to your charts for extra confluence when planning your trades.
_________________________________
💬 If you found this helpful, drop a like and comment!
XAUUSD H4 Outlook – August 4, 2025Structure is bullish — but supply is layered. Precision now matters more than bias.
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Gold is trading at 3362, sitting right inside the heart of a key structural zone. After a strong breakout from 3285–3260, price reclaimed imbalance, broke internal structure, and powered higher into premium. The trend is bullish — but we’ve just stepped into stacked supply.
Let’s break down every zone that matters now, from top to bottom:
🟥 3360–3375 – Valid H4 Supply Zone
This is the first active supply block — the origin of the last bearish leg. It holds a clean OB + imbalance and is currently being tested for mitigation.
We're inside it right now. This zone is critical:
→ If price breaks and holds above it, continuation is likely
→ If we reject here, it confirms sellers are defending their level
🟥 3385–3398 – Internal Supply Trap
A secondary supply zone built from previous order flow.
If bulls push through 3375 without rejection, this is the next area to watch for weakness.
This zone often creates fake breakouts, especially when momentum slows. RSI is already showing signs of exhaustion approaching this level.
🟥 3420–3440 – HTF Supply Trap
This is the top — the last unmitigated supply on the weekly.
It's not in play yet, but if bulls break above 3398 decisively, this is where the bigger trap could form.
Any long into this zone must be backed by strong structure and continuation candles — otherwise, it’s a liquidation magnet.
🟫 3322–3310 – Flip Reentry Zone
If we reject from current supply, this is the first high-probability reentry for bulls.
It’s where the last CHoCH confirmed, and it aligns with EMA confluence and minor imbalance.
Buy setups from here must be confirmed on M15/M30 — no blind longs.
🟦 3285–3260 – Breaker Demand Base
The true origin of the bullish move.
This zone caused the structural flip — clean OB, FVG stack, and liquidity sweep.
If price returns here, it becomes a must-hold for bullish continuation. One of the best sniper zones for longs.
🟦 3222–3205 – Final Demand Layer
Deep structure zone holding imbalance + previous HL base.
Only comes into play if 3260 fails. A break below this would shift bias to neutral or bearish on H4.
🎯 Bias Summary
✔️ H4 bias = bullish
✔️ Price is inside 3360–3375 supply
✔️ EMA 5/21/50 aligned, but RSI is elevated
⚠️ This is not a breakout — it’s a test zone
🔁 Execution Plan
📍 Rejection from 3360–3375 → sell scalp toward 3322
📍 Clean break of 3375 → watch for next short at 3385–3398
📍 Failure of 3398 → HTF draw toward 3430–3439
📍 Pullback toward 3322–3310 → potential long zone
📍 Clean drop to 3285 → high-RR buy area
📍 Break below 3260 → only valid demand left is 3222
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This is not the time to chase. It’s the time to stalk.
You’re in premium. Supply is active. Let structure decide — you just execute with clarity.
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Which zone are you watching for your next move?
Comment your bias below 👇🏼 Smash the ❤️ if this brought clarity, and follow GoldFxMinds to trade with precision every day.
Disclosure: Chart based on Trade Nation feed (TradingView).
GBPUSD: Bearish Momentum vs. Fundamental Repricing – Key LevelsGBPUSD is at a critical juncture, balancing a clear technical breakdown with a fundamental backdrop favoring near-term volatility. The pair has slipped from its rising wedge structure and is now testing key retracement zones while markets reprice expectations for Fed rate cuts after weak US jobs data. Traders are closely watching whether this bearish momentum will extend toward the 1.3128 support or if a rebound from oversold conditions could trigger a corrective bounce.
Technical Analysis (8H Chart)
Pattern: Clear breakdown from a rising wedge, confirming bearish bias.
Current Level: Price sits near 1.3278, struggling to reclaim the 1.3300 resistance zone.
Key Support Zones:
1.3128 (61.8% Fibonacci retracement) – main bearish target.
1.2945 (78.6% retracement) – extended downside target if selling pressure deepens.
Resistance Levels:
1.3300 (immediate resistance, prior support now flipped).
1.3380 (secondary resistance if a retracement rally occurs).
Projection: Likely bearish continuation toward 1.3128, with a potential retest of 1.3300 before continuation.
Fundamental Analysis
Bias: Bearish in the short term, but Fed policy and risk sentiment remain key drivers.
Key Fundamentals:
USD: Weak NFP (73K), higher unemployment (4.2%), and downward revisions boost Fed cut bets (~75% for September), typically a USD-negative factor.
GBP: BOE maintains a cautious stance due to sticky inflation but lacks clear hawkish conviction as growth slows.
Tariffs: US tariffs add a mild negative weight on GBP trade sentiment.
Risks:
Hot US CPI could slow Fed cut bets, supporting USD.
Hawkish BOE comments could limit GBP downside.
Global risk sentiment shifts could either favor USD (risk-off) or weaken it further (risk-on).
Key Events:
US CPI and PPI for USD direction.
BOE policy updates and UK CPI.
US jobless claims and Fed commentary.
Leader/Lagger Dynamics
GBP/USD is a lagger, mainly reacting to USD shifts. However, its moves directly influence GBP crosses such as GBP/JPY and GBP/CHF.
Summary: Bias and Watchpoints
GBP/USD remains in a bearish phase, targeting 1.3128 with a potential corrective bounce toward 1.3300 first. The primary driver is the technical breakdown, while fundamentals add volatility around US CPI and BOE policy. If CPI surprises lower, the bearish outlook could reverse into a short-term rebound; if CPI is hot, downside momentum could extend. You should monitor USD-driven events closely as GBP/USD sets the tone for broader GBP movements.