Trend Lines
Bitcoin Nearing Long Term ResistanceAs Bitcoin is closing in on its all-time highs, some commentators have started upping their Bitcoin price targets for the year.
However, Bitcoin's also approaching a long term trendline that has acted as resistance in the past (currently around $113k).
Do you expect Bitcoin to breakdown or blast through this trendline?
It’s the right time to go shortLast week, gold came under pressure at the key resistance of 3356 and then fluctuated downwards. The market jumped short and opened low, directly breaking through the support to a low of 3259, and the daily line continued the downward trend. The current market is in the daily level adjustment stage, but the downward momentum is strong and the risk of breaking continues to accumulate. From a technical perspective, 3280 constitutes a short-term upward resistance. If the rebound is blocked, you can still choose to arrange short orders; there is strong support near 3240 below, and it is necessary to pay attention to whether this position can be effectively broken to confirm the accelerated decline. On the news side, the easing of the Sino-US tariff situation has weakened the market's risk aversion sentiment. In addition, the bullish momentum of gold has been exhausted after the previous consecutive rises, and the recent weak and volatile pattern has become prominent.
Gold recommendation: short near 3280-3290, target 3270-3260.
EURUSD InsightWelcome, dear subscribers.
Please feel free to share your personal opinions in the comments. Don’t forget to hit the booster and subscribe!
Key Points
- U.S. President Trump stated on the first day of talks held on May 10 in Geneva, Switzerland, that “many things were discussed and many agreements were reached.”
- U.S. Treasury Secretary Scott Bessent remarked that there was “substantial progress” in a critical trade negotiation between the U.S. and China. Chinese Vice Premier He Lifeng also stated that “both sides reached important agreements and a joint statement will be released on the 12th.”
- Isabel Schnabel, a key figure on the ECB Executive Board, emphasized that “in the medium term, the risks to Eurozone inflation are likely tilted to the upside” and that “a highly accommodative monetary policy stance would be inappropriate.”
Key Economic Events This Week
+ May 13: U.S. April Consumer Price Index (CPI)
+ May 14: Germany April Consumer Price Index (CPI)
+ May 15: U.K. Q1 GDP, U.S. April Retail Sales, U.S. April Producer Price Index (PPI), Speech by Fed Chair Powell
+ May 16: Japan Q1 GDP
EUR/USD Chart Analysis
A medium- to short-term downtrend continues from the resistance at recent highs, with the pair having broken below the support level at 1.12000. A further decline toward the 1.11000 level is expected. A medium- to long-term rebound toward the 1.16000 level is anticipated afterward. However, if the 1.11000 support is breached, the decline could extend to the 1.10000 level, making it important to keep a close eye on this support zone.
Welcome to ALT SEASON (Real) | BTC.D & ETH/BTCCRYPTOCAP:BTC.D is rejecting off 2021 POI and deviating this cycle's high having just closed the weekly under 64%. Coupled with CRYPTOCAP:ETH strength showing signs of a trend reversal after downtrending for 4-year against $BTC. Likely see CRYPTOCAP:ETH trade upwards of US$5000 this year as ETH outperforms BTC.
$TOTAL Crypto Market Cap Massive Weekly Close Above 20WMA Massive Weekly Close for the CRYPTOCAP:TOTAL Crypto Market Cap above the .618 Fib and previous cycle's ATH.
RSI still has room to push higher to retest this cycle's ATH.
Price also closed above the 20WMA, which was the signal for the +70% Nov '24 Trump Pump 🚀
UpOnly Season for every coin only happens when the TOTAL Market Cap goes HIGHER.
Otherwise we are stuck in a rotational cycle, where money from one narrative pumps then moves onto the next
ie RWA, DePin, AI, Memes etc
Gold opening rise and fall prediction?The current gold market is in a range of fluctuations, maintaining a wide range of fluctuations. Technically, the key support level below is still focused on the 3270 area, while the 3450 price level above constitutes a significant double-top structural resistance level. Although the conclusion of the US-UK tariff agreement has a phased negative effect on precious metals at the geopolitical level and may provide a demonstration effect for other regional trade negotiations, the overall technical structure still maintains a downward trend. At the daily level, the recent K-line combination has completed a deep retracement from the 3500 mark with two long negative lines, directly breaking through an important support platform. The current daily K-line continues to close the adjustment pattern with an upper shadow line, and the alternating yin and yang oscillation rhythm conforms to the technical correction characteristics. It is worth noting that the 50-period moving average continues a clear downward trajectory, forming a resonance suppression with the double-top structure in the 3450 area.
The 1-hour gold chart shows that the short-term price trend presents a clear downward channel feature, and the seller's power continues to dominate the market. Combined with the Fibonacci extension level calculation, the first target below can still focus on the 3300 area. If this support platform is lost, the price will have a technical demand to further explore the 3320 integer mark. The current volume and price coordination shows that the market is brewing a new wave of trending market conditions. It is necessary to pay close attention to the breakthrough direction of the 3300-3380 range, which will determine the continuation or reversal of the medium-term trend. Taken together, the short-term operation of gold is recommended to be mainly longs on callbacks, supplemented by shorts on rebounds. The top short-term focus is on the first-line resistance of 3360-3380, and the bottom short-term focus is on the first-line support of 3320-3300.
GBPAUD bullish breakout??with bullish divergence, the price is on the verge of breaking this pattern in an upward direction it seems that the trend will be bullish from here. traders who want to be long on this pair should take entry once the price breaks the drawn trendline and comes back to retest it as it will be a confirmation of bullish trend
The market is full of crises next week!📌Fundamentals:
This weekend, China and the United States held two days of negotiations as scheduled. It seems that there are many topics to discuss and the scope is wide, but they are still trying to reach a consensus. Otherwise, there is no need to spend two days of intensive talks. Some people think that after so long, there is no conclusion, which is bad news. I think the opposite. At this time, no bad news means good news. Based on the current "marathon" negotiation time, we need to be vigilant about the expected difference in the results of this round of negotiations. The second is the India-Pakistan conflict. After the talks led by the United States, India and Pakistan have agreed to a comprehensive and immediate ceasefire. Judging from this line alone, there will definitely be no risk of risk aversion rising when the market opens on Monday. The only thing is that the results of this round of negotiations between China and the United States are quite important, and there will definitely be results before the opening of Monday.
📊Technological aspects:
Even if the current round of China-US negotiations achieves an optimistic result, gold cannot fall below 3300. If it falls below 3300 and hits the low point below 3275 again, then the next step for gold is very likely to touch the high point of 3160-50 where the trade war started. On the contrary, if gold can hold 3300, then it is very likely to move like the previous wave, break the range, stand above 3360-70, then gold will continue to return to above 3400. Therefore, the most critical position for the opening of next week is the support position of 3300 below and the suppression position of 3360-70 above. If it breaks, the trend will almost move in that direction.
Wacker Neuson SE Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Wacker Neuson SE Stock Quote
- Double Formation
* (Anchored VWAP)) #1 - * Swing High | Completed Survey
* (Target Entry Or Gap Fill))
# Midrange Entry - * Ascending Structure | Subdivision 1
- Triple Formation
* (Anchored VWAP)) #2 - * Swing Low | Subdivision 2
* (TP1) | Subdivision 3
* Daily Time Frame | Trend Settings Condition
- (Hypothesis On Entry Bias)) | Indexed To 100
- Position On A 1.5RR
* Stop Loss At 84.00 EUR
* Entry At 95.00 EUR
* Take Profit At 113.00 EUR
* (Uptrend Argument)) & No Pattern Confirmation
* Ongoing Entry & (Neutral Area))
Active Sessions On Relevant Range & Elemented Probabilities;
European-Session(Upwards) - East Coast-Session(Downwards) - Asian-Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy
GBPUSD ANALYSISThe weekly candle rejected weekly resistance and closed as a doji for consecutive weeks, which could mean price could be transitioning to a bearish market. Overall price is still bullish, but it did form an H4 LH so I'd look for price to retrace to the H4 support. If price breaks & retest minor M15 support around 1.32970, I'd start looking for sells with my TP being 1.32100.
Will ceasefire result in another rally..?Following the agreements, we’ve agreed to ceasefire agreements which is both a win win situation for INDIA as it had both punished Pakistan and showed china levels of their air defence equipments hence we can expect NIFTY to strongly recover from here till the ceasefire is breached which could result in act of war and bloodshed of market so plan your trades accordingly.
BITCOIN → Consolidation before the rally. 106K - 110K?BINANCE:BTCUSDT , after breaking out of consolidation at 97,860 and distributing to 104,300, has returned to a consolidation phase, which is generally a positive sign for possible continued growth.
The growth of Bitcoin is linked to several reasons:
General improvement in the global market situation — easing of trade conflicts; Expectations of a US Fed rate cut; Influx of investment into Bitcoin ETFs
Technically , we see the price breaking out of its local downtrend and entering a strong distribution phase. The northern train continues to pick up passengers.
At this stage, I would like to draw your attention to the consolidation at 104300 - 102300. A rebound from resistance is currently forming, and we need to monitor the levels of 103300 - 102300 - 101700. These are quite important areas of interest. A false breakdown (liquidity capture) may form before further growth. A return to resistance and the formation of pre-breakout consolidation, for example between 104300 and 103300, will only increase the chances of a breakout of resistance and growth to 106-107K.
Resistance levels: 104300
Support levels: 103300, 102300, 101700
The trend is bullish, with Bitcoin consolidating. The coin is not going to fall (at the moment), but to build up potential, the price may form a false breakdown of support (a deceptive maneuver) before continuing to rise. Retesting the 104300 level could lead to a breakout and upward distribution.
Best regards, R. Linda!
GIGAUSDT: The Sleeping Giant Awakens! wait it guys
📊 Key Stats (Live Update - May 11, 2025)
- Current Price: $0.02545 (-2.19%)
- Volume: 472.36K (Low volume - accumulation phase)
📈 Critical Levels
- Strong Support: $0.025 (Today's low)
- Resistance: $0.03413 (ATH)
- Breakout Target: $0.050 (+96% potential)
🔥 Why GIGA Could Explode
1. Extreme Discount: Currently -25.4% from ATH
2. Consolidation Pattern: Forming bullish pennant on 4H chart
3. Low Float Potential: Small market cap = big move potential
🎯 Trading Plan
- Optimal Entry: $0.018-$0.020 zone
- Targets: 🚀
→ $0.030 (+20% short-term)
→ $0.034 (+34% to ATH)
→ $0.050 (+96.5% breakout)
- Risk Management:
→ Stop Loss: $0.016 (-4%) - 4H CLOSE BELOW
→ Position Size: 1-3% of portfolio
⚠️ Important Notes
1. Low liquidity - use limit orders
2. Watch for volume spikes above 1M
3. Correlate with BTC movement
💎 Unique Opportunity
GIGA presents a classic "buy low" setup with:
- Tight consolidation near support
- High volatility potential
- Clear technical levels
🔍 Key Indicators to Watch
1. RSI (4H): Currently 45 (neutral)
2. Volume: Needs confirmation above 1M
3. Order Book Depth: Check for large walls
---
📊 | Not financial advice 🖌️DYOR