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Candlestick Analysis

How to Analyze Daily Time Frame on Gold. 5 Important Things There are 5 important things that you should analyze on Gold on a daily time frame to accurately predict long term, midterm and short term movements. In this article, I will share with you a step-by-step guide for daily time frame analysis that you can apply on Gold or any other financial instrument. 1 - Identify the market trend When you analyze a daily time frame, you should identify long term, midterm and short term market trends. Long-term trend is based on the analysis of one year long price action. In the example above, Gold is trading in a long term bullish trend because the price keeps setting new higher high and new higher lows during the year. Midterm trend is based on the analysis of a price action for the last 4–5 months. Above, we can clearly see that a mid-term trend is bullish because again, the price sets new higher highs and higher lows over time. Short-term trend is based on the analysis of price movements for the last 2 months. Short-term price action is also bullish on Gold, with a clear sequence of higher highs and higher lows. According to the trend analysis, long-term, mid-term and short-term trends are bullish. 2 - Identify the directional bias The directional bias defines a highly probable future direction on the market. In our example, we can anticipate that Gold will keep growing among all the dimensions: long-term, mid-term and short-term. 3 - Execute structure analysis Identify important historic horizontal and vertical structures. That will be the points from where you should look for trading opportunities. When you analyze key levels, identify the structures that are lying close to the current price levels. Make sure that all the structures that you spotted were respected by the market in the past. 4 - Look for price action patterns Price action patterns are the language of the market. Proper identification of the patters will help you correctly understand the intentions of the market participants. You can see that a bearish breakout of a rising channel triggered a correctional movement on the market. Gold started to fall steadily within a bullish flag pattern and after it tested a key support, the price violated the resistance of the flag. 5 - Analyze candlesticks Candlestick patterns can provide extra clues and confirmations. You can see that the market formed multiple rejections from key support, an inside bar formation and bullish engulfing candle. Violation of the inside bar to the upside with a strong bullish candle is an important bullish signal. Combining trend analysis, structure analysis, price action and candlestick analysis, and you can make predictions and look for trading opportunities. You can also make your analysis even more sophisticated, for example, analyzing fundamental analysis or applying technical indicators. ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATION:XAUUSDEducation
by VasilyTrader
7
They’re building the perfect trap, and you’re cheering for It.This idea is not active on publication. Are we clear? Great, read on.. The Story Markets have an uncanny ability to fool the largest number of participants at the most critical moments. Bitcoin is once again setting that stage. While the crowd celebrates new highs and “the strongest bull market ever,” the structure is quietly repeating the same pattern that preceded every major cycle top. At the same time influencers across social media continue to gaslight audiences on the promises of “Alt season” in quarter 4, even though the cycle top is ridiculously close the charts are signalling something is not quite right. Do the following charts suggest green months ahead? 
Each bull market, 2013, 2017, 2021 produced a sequence of consecutive green six-month candles before exhaustion: * 2012 – 2013 → 5 green six-month candles * 2015 – 2017 → 6 candles * 2020 – 2021 → 4 candles * 2023 – 2025 → now at 5 candles Six month candle count in each bull market It’s not the count that matters, it’s the context. Every cycle ends in euphoria, and euphoria is exactly what a 6-month Gravestone DOJI represents: a candle of rejection formed at the height of optimism. On shorter timeframes, that same behaviour repeats. The 1 month and 3 month charts both print hammers, powerful reversal setups when they appear at cycle extremes, not continuation zones. 1 month hammer 3 month hammer 6 month Gravestone DOJI What’s Next The combination of the 1-month hammer, 3-month hammer, and 6-month Gravestone DOJI forms what can only be described as a trap structure, a technical pattern that invites late buyers before liquidity vanishes. Historically, when Bitcoin posts a Gravestone DOJI on the higher timeframe following four to six green candles, it signals a pause or the beginning of distribution. The takeaway is simple: Momentum is slowing Structure is repeating Sentiment is euphoric If the 6-month candle confirms red in early 2026, the trap will have sprung and history will have rhymed again. Conclusions This isn’t the end of Bitcoin, but it may be the end of this particular cycle.
A Gravestone DOJI doesn’t kill a trend on its own, but at the tail of a multi-year rally, it’s the market whispering “take profit while you still can.” They’ve built the perfect trap, the market makers, and the majority are cheering it on. Until confirmation proves otherwise, caution is not bearish, it’s survival. Ww ======================================== Disclaimer This post is for educational purposes only and reflects personal opinion, not financial advice.
I hold no position in Bitcoin and have no vested interest in the outcome of this analysis. Cryptocurrency markets are volatile and unpredictable; always conduct your own research, manage your risk carefully, and base decisions on your own strategy and timeframe. Patience and confirmation always outlast emotion.
INDEX:BTCUSD
by without_worries
17
GOLD (XAUUSD): Bullish Market Opening?! We got a nice pullback on Gold on Friday and the price nicely retraced to a key intraday support. Analysing the market reaction to that, I spotted a cup & handle pattern and a confirmed violation of its neckline. With a high probability, the market will rise after the opening. The price will reach at least 4272 intraday resistance. ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATION:XAUUSDLong
by VasilyTrader
2
Has the gold price peaked? Not yet! Buy on dips to 4500Good afternoon, bros. On Friday, the gold market experienced a rare sharp intraday fluctuation. Many traders who blindly chased rising and falling prices suffered heavy losses that day. However, I believe that those who followed Allen's trading rhythm and executed order transactions throughout the process will all reap great rewards. As for Friday's market, although there has been a significant correction, we cannot blindly believe that gold has peaked in the short term. After all, the fundamentals do not present conditions conducive to a sharp drop in gold prices. The worsening geopolitical situation over the weekend, coupled with the ongoing US government shutdown and trade tensions, as well as expectations that the Federal Reserve will support two interest rate cuts this year, are all providing some support for the gold market. Therefore, the medium- and long-term bullish pattern has not been effectively changed, and the short-term pullback can be regarded as a technical correction. Combining the hourly and 4H charts, gold retreated to a low of around 4186 on Friday night and then rebounded again, indicating that there is still strong support from below in the short term and the market bulls still have a certain rebound potential. On Monday, we need to pay attention to the short-term resistance range of 4280-4300 above. If it cannot be broken through directly and effectively, gold may maintain a wide range of fluctuations after the opening, and then return to the bull market rhythm after digesting the short-term selling pressure. The support below can still continue to focus on 4200-4180. As long as this support range is not broken, our bullish attitude remains unchanged. If it falls back to the support range first, we can still consider arranging long orders in batches with light positions. For more real-time signals, please follow my updates. Thank you for your likes and support. Thank you to all users who read my strategy! OANDA:XAUUSD
OANDA:XAUUSDLong
by Perfect_Allen
2
Weekly NASDAQ Outlook (NQ!)Last Friday, NQ! closed at 23,998.6, after a strong decline into the weekly close. When the market reopened on Monday, it gapped up — likely due to weekend events and news. That gap has since been completely filled, and price has shown a solid push to the upside during the week. For the coming week, I’m expecting NQ! to take out the all-time high and possibly form a new high. However, before that happens, I’d like to see a retracement toward the 24,692.8 level, which could provide high-probability long setups. There’s also a possibility that price won’t revisit this level and instead continues pushing higher directly, but a clean pullback into 24,692.8 would offer a great entry opportunity for longs. 📊 Outlook Summary: - Expecting bullish continuation. - Ideal retracement zone: 24,692.8. - Main target: New all-time high above previous peak.
OANDA:NAS100USDLong
by GHOSTFX_GANG
Dollar index - Macro Bearish divergenceA lot of information in the above 6-month chart of the dollar index, could discuss for hours.. some highlights: 1) The bearish divergence currently printing shall confirm by July 2023 should 100 level collapse. It is the only time in history a bearish divergence of this strength has printed on the 6-month chart. 2) IF it confirms, the index will target the lower side of the channel around 60-70 level. 3) Notice the trend of the index, lower highs lower lows. It is remarkable how many are bullish on the dollar, in the macro sense. 4) Both the S&P 500 and the NASDAQ made considerable gains in the 10-year period that followed a rejection from the upper side of the channel. Many ‘experts’ now talk about the coming lost decade. Gold is the only option, they say. Is that what you see in this chart?! Not what I’m seeing.. Will return in July to see how this candle prints, however with 1.3 months to go it is not looking good for the dollar. Ww
INDEX:DXYShort
by without_worries
18
Is the bull market over for now? Monday's outlook analysis.#XAUUSD OANDA:XAUUSD Gold experienced significant fluctuations back and forth this Friday, which is relatively rare in the entire trading market. There are many traders in the market who are trapped after chasing high prices, or their accounts are blown up because they do not have a reasonable trading plan. This is when the importance of following a good mentor becomes even more apparent. After all, no one's money comes from the wind. On Friday, Trump said his plan to impose 100% tariffs on Chinese imports was "unsustainable". Subsequently, Wall Street stock index futures pared losses as Trump confirmed that the meeting with China "will still take place as scheduled", temporarily easing investors' concerns about global trade tensions. But concerns about the prolonged trade standoff remain one of the key drivers of gold's recent gains. This is accompanied by the continued shutdown of the US government and the market's expectation that the Federal Reserve will cut interest rates by 25 basis points twice in a row at its monetary policy meetings in October and December, which will continue to provide strong support for the rise in gold prices. From a technical perspective, Friday's volatility was very large, but it is obviously premature to blindly speculate that the market has reached its peak in the short term. After all, the fundamentals have not yet created the conditions for a major market crash. Combining the hourly chart and the 4H chart, the short-term support is around 4190-4180. If this position is not broken, it may be difficult to open up the downward space. Otherwise, the gold price will enter a correction rhythm. The upper range of 4275-4285 forms short-term suppression, which is also the watershed between the bulls and bears of gold. Only when gold stands above this range will it be possible to return to the bull market. As for the short-term trading rhythm, we can try to go long on gold if it directly falls back to the support level of 4190-4180, with SL, and the profit target will be 4225-4235. If gold continues to rebound on Monday and touches 4275-4285 for the first time without breaking through, you can short it with a light position. The target will be adjusted in real time according to the strength of the pullback. You can exit the market when you earn $10-30. If a second rebound breaks through resistance, we can look for opportunities to go long after the correction.
OANDA:XAUUSDLong
by FX_Gold-Hunter_Garrick
ETHEREUM (ETH/USD): Comeback? Eyes on $4300 Resistance.ETHEREUM appears to be showing some bullish signals following a test of a significant daily support level. The price formed an inverted head and shoulders pattern on that, succeeded by a bullish breakout above its neckline, which is serving as a minor resistance, thereby confirming a local change of character. Considering these factors, there is a possibility that the price of the coin could potentially rise to the $4300 level.
BINANCE:ETHUSDLong
by linofx1
Can USDT.D break its high ? | USDT.D 4H Analysis🥳 Hey everyone! Hope you’re doing great! Welcome to SatoshiFrame channel . ✨ Today we’re diving into the 4-Hour Ethereum analysis. Stay tuned and follow along! 💵 Can USDT.D break its high & cause crypto drop again ? Tether Dominance is hovering near the 5% zone after the Trump tariff rumors — a key resistance that perfectly aligns with the crypto market’s bottom. A breakout here could trigger another leg down across altcoins. 👀 4-hour timeframe of Tether Dominance and we can see that after breaking the 4.6% area, it gave us a confirmation for an uptrend, and in this area, it also formed a higher low compared to its previous low. It easily broke through several resistance levels and reached its top at the 5.16% area, where it is now rejected. Since we are in the holiday period, we have faced weak downward momentum, and now several breakout triggers have formed on the Tether dominance chart which, with Tether volume passing through these areas, the market can start its next move. Note that this top that has currently formed is the same as the bottom of the altcoins that we see on various charts, so breaking this top will not be easy. 🧮 The RSI oscillator can be a great help to us in this analysis, as it allows us to better identify the tops and bottoms of Tether dominance. If the oscillation passes through those desired areas, we can take positions on coins contrary to the direct supply and demand of the chart itself. The 74 oscillation zone is slightly above the overbought boundary, and crossing this area can increase the oscillation volume of Tether buy trades and cause the crypto market to lose its bottom. The next important area is the 50 zone, where a reaction to this area or passing the oscillation limit from this area can form a lower top for Tether dominance and then give us confirmation to start a bullish leg in the market. 🕯 The size of the Tether dominance candles during the rise was significantly smaller but closed with more strength, while during reactions and pullbacks, the size and number of candles increased, which informs us of the weakness of the Tether sellers' trend. A noteworthy point for Tether dominance is the rejection it received from the top and then moved downward, facing weak upward momentum. If the market bottom is in this area and the Tether dominance top is also in this area and this top does not break, the market can soon tend toward a trend change and a drop in dominance may occur. ❤️ Disclaimer : This analysis is purely based on my personal opinion and I only trade if the stated triggers are activated .
CRYPTOCAP:USDT.D
by Satoshimultiframe
ETH 4H Analysis | Ethereum price squeeze is reaching its limit🥳 Hey everyone! Hope you’re doing great! Welcome to SatoshiFrame channel . ✨ Today we’re diving into the 4-Hour Ethereum analysis. Stay tuned and follow along! 😅 Yesterday I didn’t get the chance to post Ethereum’s analysis the way I wanted to — but today, I’ve prepared a full 4-hour analysis of Ethereum, and I’d be glad to have you follow along. 👀 Looking at Ethereum on the 4-hour timeframe: after the recent flash crash, ETH formed a support zone around $3,747, then bounced with a strong +10% pump upward. It was later rejected near $4,268 and moved back down, creating a double-bottom structure aligned with the previous support zone — now forming our valid static support. A descending trendline has been drawn from the rejection points at $4,723 → $3,969, acting as our dynamic resistance. Ethereum is now nearing the apex of this triangle, and we’re waiting for a breakout. Note that this dynamic resistance overlaps with a static resistance zone at $3,969, so a confirmed breakout above that could serve as strong confirmation for a bullish reversal. 🧮 The RSI oscillator shows two key oscillation zones — around 50 and 30, acting as our momentum boundaries. A clean break beyond these zones could bring strong multi-timeframe momentum to Ethereum’s next move and trigger an earlier price breakout. 🕯 In terms of volume, ETH showed heavy selling pressure during the crash, but now, with the formation of a double bottom and clear compression in price, we’re waiting for a volume expansion to confirm direction. It’s important to note that Ethereum remains the most watched altcoin in the crypto market — if the broader market shifts bullish, ETH could attract significant new buyers and drive capital inflow. 🧠 Based on this analysis, we’ve outlined two high-probability trading scenarios to match Ethereum’s potential reactions: 🟢 Long Scenario: A breakout above both the dynamic resistance and the static resistance at $3,969, combined with rising buying volume and an RSI breakout above 50, would provide a strong signal for opening a long position on Ethereum. 🔴 Short Scenario: A breakdown below the $3,747 support zone, with a strong bearish candle (whale activity) confirming the break of the micro-buyer zone, and an RSI dip into oversold territory, could trigger another wave of selling, presenting a short opportunity on Ethereum. ❤️ Disclaimer : This analysis is purely based on my personal opinion and I only trade if the stated triggers are activated .
by Satoshimultiframe
Breakdown or Bounce Incoming? | BTC 4H Analysis D4🥳 Hey everyone! Hope you’re doing great! Welcome to SatoshiFrame channel . ✨ Today we’re diving into the 1-Day BITCOIN analysis. Stay tuned and follow along! 👀 Yesterday I shared Bitcoin’s daily analysis in the channel, and today we’re going to review the 4-hour timeframe, from its recent all-time high up to the present. 🔍 After setting its ATH, Bitcoin entered a descending channel (driven by profit-taking and reactivated whale activity). Each time price reached the top of this channel, it was rejected and moved toward the midline or bottom. The last touch of the channel’s top led to another drop toward the midline, and price failed to break above the channel. The major buy zone (micro buyer area) at the top of the channel was lost and has now turned into a key static resistance, overlapping with the dynamic channel resistance — creating a crucial pivot zone for Bitcoin’s potential trend reversal. The next key support lies below this zone at $105,634; a confirmed break and close below it could extend the downtrend further. 🧮 The RSI oscillator is currently fluctuating between 30 (support) and 50 (resistance). A breakout beyond either side — as highlighted in the chart — could add significant momentum to Bitcoin’s next move. These RSI levels are default static zones, which makes their reliability stronger. 🕯 After the massive flash crash that shook the crypto market, traders have shown a stronger inclination toward selling, keeping Bitcoin within this descending channel. As seen in the volume data, the flash crash was accompanied by extreme selling pressure, and whales broke the micro buyer zone with a large “whale candle.” Continued selling pressure could push Bitcoin toward lower supports, while renewed buying volume and whale re-entry could drive it back toward the channel top to test that resistance once more. 🧠 For those without open positions, here are two key scenarios to consider: 🟢 Long Setup: A breakout above the key static + dynamic resistance zone at $109,222, along with increasing buy volume and RSI crossing above 50, could be a solid long opportunity. 🔴 Short Setup: A confirmed breakdown below the nearest support at $105,634, accompanied by strong selling pressure and RSI falling below 30 into oversold territory, could present a strong short setup. ❤️ Disclaimer : This analysis is purely based on my personal opinion and I only trade if the stated triggers are activated .
by Satoshimultiframe
Bitcoin Market Analysis – October 18, 2025👀 Current Outlook: Price has found support around the 104,000 zone, and there’s a good chance we might start building a consolidation zone here. 📈 If that consolidation forms, a breakout above 107,000 could trigger a long position and signal renewed bullish momentum. 📉 On the flip side, if 104,000 breaks again, we may see a deeper drop, which could weaken the overall bullish structure and make it harder for the market to reach new all-time highs in the near future. ⚡️ In case of a sharp reversal and a V-pattern formation, it’s better to shift to a bullish bias and follow the momentum. 🕒 On the 15-minute timeframe, if we’re trading within the range, a break below 106,000 could provide a short setup. --- 💡 Conclusion: Stay patient and wait for clear confirmations before entering any trades. Let the market show its direction — then follow the trend with discipline For informational purposes only – not financial advice. © DIBAPRISM Larry D.Kohn
BITSTAMP:BTCUSD
by DibaPrism
Long trade 1Hr TF overview 📘 Trade Journal Entry Pair: MGC1! (Micro Gold Futures) Direction: Buyside Trade Date: Fri 10th Oct 2025 Time: 12:00 PM Session: LND to NY Session AM Timeframe: 1-Hour 🔹 Trade Details Entry: 3,998.3 Profit Target: 4,373.6 (+9.39%) Stop Loss: 3,972.4 (–0.63%) Risk-Reward Ratio (RR): 14.9 ⚙️ Model Context Model 010 – Sweep / Trigger / Entry Setup Sequence: Price swept the prior swing low and formed a liquidity grab near the breaker block and demand zone. Clear CHOCH (Change of Character) confirmed on 1H timeframe. Fib retracement alignment with the 0.618–0.705 zone, providing ideal re-entry confirmation. Volume expansion occurred at breakout, supported by sustained EMA/WMA alignment. Structure maintained a strong ascending trendline respecting 50EMA and 200WMA support. 🧭 Narrative Context Price consolidated in the mid-3,900s region following an extended accumulation phase, with multiple FVGs (Fair Value Gaps) and a high-volume zone below acting as structural support. Institutional order flow confirmed by consistent re-accumulation and sweep of internal liquidity pockets. Projection levels 4,259 → 4,373 (Fib 2.618–3.618) highlight continuation potential, targeting extended buyside liquidity above 4,300. 📊 Outcome (as of chart timestamp) Current price hovering near 4,260+, validating trajectory towards projected extension levels. Trade remains in the upside continuation phase with structural integrity intact above the 4,120 WMA. Trump’s “Trade War 2.0” rhetoric, combined with renewed geopolitical and tariff tensions, is reviving safe-haven demand. TSM earnings volatility and an anticipated Federal Reserve speech could amplify market uncertainty — typically, this may translate into accelerated gold inflows.
COMEX_MINI:MGC1!Long
by davidjulien369
5
I expect a BTC drawdown on the daily timeframe.In the coming days, I expect a BTC drawdown on the daily timeframe to values of $96,500 to $95,400 from a price action perspective. I would enter a short position immediately, setting my Stop Loss (SL) above $112,400 and Take Profit (TP) at $96,500, which would represent a 3.44 Risk-Reward Ratio (RRR). It is important to note that this is in no way financial advice, but merely my personal view on price action and my idea of where the price might go in the coming days.
Short
by AVEJA_Nostradamus
Xauusd outlookGold has had a 9 week bullish run based on historical data this has only occured 6 prior times . This is a strong indication that this might be the last leg of the run for gold . With China finding mines of gold and south Africa having a massive reseve in gold up to 1. Trillion , we might see the supply increase if these countries decide to utilize these reserves . Outlook gold closes previous week high creating the top wick for the coming week and selling off to follow , Gold can either continue with this run to month end breaking history where gold has only ever traded once for 10-12 consecutive bullish Weeks . With us still looming in a shutdown , and no economic data release yet such as NFP. causing more uncertainty.
OANDA:XAUUSD
by caylibhendricks007
Wait for price to SHOW ME WHERE TO MAKE MONEY!Hey Squad, Im going to keep this short and sweet but I want you to PEEP......lol the possible setups that are coming. This week we can not tell exactly what to look for since the market is giving us opposing call outs. For example, The Weekly looks like a double top has formed showing bears/selling favor but the 4/8h shows respecting of a low and shows the forming of a double bottom! so what does this mean? We are waiting for price to show us who to follow!! But if you were to ask me....I believe the USD will suffer this week due to shutdown and uncertainty so I believe we will be trending low! Good for gold and silver traders and those that see weakness in the $! If we can break below the 1.163 area and hold I think its clear we are moving down until we hit a high time frame FVG. Tell me your thoughts and comments on this Analysis! and like always! Gd look out there and TAKE PROFIT!
CME_MINI:M6E1!Short
by taylorgndo
LLY - Beware the MotherbarTaking a closer look at the Eli Lilly chart and noticed that there is a box setup forming on the daily time frame. Specifically this box is the product of a mother bar. If you take a look the last 4 daily candles have more or less traded within the body of the XXL green candle on the left. I would be mindful of this mother bar/box in the coming week. Don't get too bulllish at the top or two bearish at the bottom. I suggest also taking a look at SPY's chart as there is a similar pattern forming, albeit a much more defined motherbar. A look above and fail of $824 could make a great short, or a look below and fail of $763(A+) or $773(B+) is a great long. The trendline also sits near that low so if the LBAF plays out that is another supporting confluence for this trade.
NYSE:LLY
by The_Villain_777
BITCOIN From ATH to Breakdown | BTC 1D Analysis D3😎 Hey everyone! Hope you’re doing great! Welcome to SatoshiFrame channel . 👍 Today we’re diving into the 1-Day BITCOIN analysis. Stay tuned and follow along! 👀 Bitcoin has been trading within a strong ascending channel, recently hitting the upper boundary and setting a new all-time high (ATH) at $126,200. However, this was immediately followed by a flash crash that wiped out roughly $20 billion in futures positions. During the crash, the lower boundary of the ascending channel was also fake-broken, after which buyers temporarily pushed the price back inside the channel. Yet, due to extreme market fear and uncertainty, Bitcoin lost its key support zone at $110,613, continuing the downtrend that began with the flash crash. With yesterday’s daily candle close, Bitcoin officially broke down from its ascending channel, and price action is now heading toward lower support levels. The nearest support lies around $105,647, and if this zone fails to hold, Bitcoin could extend its decline toward the next support at $101,451. 🔍 Bitcoin currently faces two major resistance zones at $109,000 and $110,613. A confirmed breakout above these could signal the start of a reversal, but the main long trigger is located at $115,156. If Bitcoin breaks and holds above this zone with strong buying volume, it could mark the beginning of a powerful bullish leg, potentially leading to a new ATH. 🧮 The RSI oscillator is now sitting near its support region around 36. A daily close below this level would strengthen bearish momentum and could push RSI into oversold territory. The midline resistance sits near 48, and a breakout above this would indicate a possible trend reversal toward renewed bullish momentum. 🕯 Recent candlestick volume shows extremely high selling pressure, marking one of the most intense liquidation waves in recent crypto history. The number of red candles has surged in recent days, suggesting a continuation sell-off pattern, with traders increasingly favoring short positions. The market is currently in extreme fear, and for any bullish reversal to occur, Bitcoin would need massive buy-side volume and strong support to push prices back up. Without that, more long-term holders may start selling as well. 🧠 Current Scenarios (Daily Timeframe) — Patience is key. If you haven’t already entered a short based on previous analyses, consider these setups: 🟢 Long Scenario: Enter on a confirmed breakout and consolidation above $115,156, accompanied by a spike in buying volume and an RSI move above 48. 🔴 Short Scenario: Enter on a confirmed breakdown and close below $105,647, which could trigger a deeper correction toward lower levels. This move would likely coincide with continued selling pressure and RSI dropping below 36 into the oversold zone. ❤️ Disclaimer : This analysis is purely based on my personal opinion and I only trade if the stated triggers are activated .
by Satoshimultiframe