GOLD 1H CHART ROUTE MAP & TRADING PLAN FOR THE WEEKHey Everyone,
Please see our updated 1h chart levels and targets for the coming week.
We are seeing price play between two weighted levels with a gap above at 2993 and a gap below at 2968. We will need to see ema5 cross and lock on either weighted level to determine the next range.
We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next range.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.
We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
BULLISH TARGET
2993
EMA5 CROSS AND LOCK ABOVE 2993 WILL OPEN THE FOLLOWING BULLISH TARGET
3011
EMA5 CROSS AND LOCK ABOVE 3011 WILL OPEN THE FOLLOWING BULLISH TARGET
3039
EMA5 CROSS AND LOCK ABOVE 3039 WILL OPEN THE FOLLOWING BULLISH TARGET
3049
EMA5 CROSS AND LOCK ABOVE 3049 WILL OPEN THE FOLLOWING BULLISH TARGET
3068
BEARISH TARGETS
2968
EMA5 CROSS AND LOCK BELOW 2968 WILL OPEN THE FOLLOWING BEARISH TARGET
2942
EMA5 CROSS AND LOCK BELOW 2942 WILL OPEN THE FOLLOWING BEARISH TARGET
2922
EMA5 CROSS AND LOCK BELOW 2922 WILL OPEN THE SWING RANGE
SWING RANGE
2906 - 2886
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
Chart Patterns
GOLD 4H CHART ROUTE MAP & TRADING PLAN FOR THE WEEKHey Everyone,
Please see our updated 4h chart levels and targets for the coming week.
We are seeing price play between two weighted levels with a gap above at 3005 and a gap below at 2972. We will need to see ema5 cross and lock on either weighted level to determine the next range.
We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next range.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.
We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
BULLISH TARGET
3005
EMA5 CROSS AND LOCK ABOVE 3005 WILL OPEN THE FOLLOWING BULLISH TARGET
3033
EMA5 CROSS AND LOCK ABOVE 3033 WILL OPEN THE FOLLOWING BULLISH TARGET
3059
EMA5 CROSS AND LOCK ABOVE 3059 WILL OPEN THE FOLLOWING BULLISH TARGET
3090
EMA5 CROSS AND LOCK ABOVE 3090 WILL OPEN THE FOLLOWING BULLISH TARGET
3117
BEARISH TARGETS
2972
EMA5 CROSS AND LOCK BELOW 2972 WILL OPEN THE FOLLOWING BEARISH TARGET
2947
EMA5 CROSS AND LOCK BELOW 2947 WILL OPEN THE FOLLOWING BEARISH TARGET
2918
EMA5 CROSS AND LOCK BELOW 2918 WILL OPEN THE SWING RANGE
SWING RANGE
2889 - 2857
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
Bitcoin Correction & Accumulation Phase!#Bitcoin is in a correction and accumulation phase, something we’ve seen multiple times in this cycle.
As long as we don’t see any bearish confirmation on the higher time frame, this remains a normal correction within the bull run
We’re near the range's lower bound, which could be a good spot for short-term long setups on lower timeframes.
The next bullish breakout requires a weekly close above $110,000 🚀
History repeats itself—stay patient, accumulate smartly
What’s your strategy during these corrections? Let’s discuss it! 👇
DYOR, NFA
GOLD DAILY CHART MID/LONG TERM UPDATEHey Everyone,
This is an update on our daily chart idea that we are now tracking for a while now. If you have only started following us, please read the updates below from previous weeks.
Last week we stated that we had a candle body close above 2904 opening 2959 with ema5 lock to further confirm this. This played out perfectly completing this target and also perfectly inline with the channel top. We will now expect some resistance here on the channel top to then provide support on the lower levels and slowly ascend up the channel over a longer term. However, if we see ema5 lock outside the channel then we will look for support outside the channel on the channel top for a continuation.
This is the beauty of our Goldturn channels, which we draw in our unique way, using averages rather than price. This enables us to identify fake-outs and breakouts clearly, as minimal noise in the way our channels are drawn.
We will use our smaller timeframe analysis on the 1H and 4H chart to buy dips from the weighted Goldturns for 30 to 40 pips clean. Ranging markets are perfectly suited for this type of trading, instead of trying to hold longer positions and getting chopped up in the swings up and down in the range.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up using our smaller timeframe ideas.
Our long term bias is Bullish and therefore we look forward to drops from rejections, which allows us to continue to use our smaller timeframes to buy dips using our levels and setups.
Buying dips allows us to safely manage any swings rather then chasing the bull from the top.
Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
LAST WEEK UPDATE
The half line of our unique channel gave the perfect bounce into the next axis target at 2904, inline with our plans to buy dips just like we stated. We now have a body close once again with ema5 cross and lock above 2904 leaving the range above open. We will continue to look for support at the ascending half-line of the channel, as we climb into the range.
PREVIOUS WEEKS UPDATE
After completing our Bullish targets we stated that the channel top will act as resistance confirmed with ema5 rejection. A break of the channel top with ema5 would confirm a continuation and failure would confirm rejection. This allowed us to identify true breakouts against fake outs.
We also stated that we need to keep in mind the channel half line below to establish floor to provide support for the range, should we continue to track further up. A break below the half line will open the lower part of the channel to establish floor on the channel bottom. The safest way to track this movement is by buying dips.
- Once again this played out perfectly as we got the rejection on the channel top followed with the channel half line test, which gave the perfect bounce like we stated. We will now either look for a continuation from this bounce or a cross and lock below the half line for a break into the lower channel floor.
Inverse Head & Shoulders in Play – Bitcoin’s Bullish Setup!!!Bitcoin ( BINANCE:BTCUSDT ) touched $84,500 as I expected in my previous post (even higher).
Right now it seems like Bitcoin has managed to break the Resistance zone($84,130_$81,500) and the 200_SMA(Daily) . The formation of the classic pattern , the Inverse Head and Shoulders Pattern , could be a sign that Bitcoin is preparing to break the Resistance zone($84,130_$81,500) .
Another Classic Pattern that we can see on the one-hour Bitcoin chart and hope for an increase in Bitcoin is the Fan Principle at the Bottom Pattern .
Educational tip : The Fan Principle at the Bottom is a bullish reversal pattern where the price forms a series of downward trendline breaks, signaling weakening bearish momentum. As each trendline is broken, buying pressure increases, leading to a potential uptrend.
According to Elliott Wave theory , with the resistance zone broken, we can expect Bitcoin to enter the next impulsive wave , which will likely continue to at least $86,300 .
Also, Today's U.S. economic data release could significantly impact financial markets, including Bitcoin :
UoM Consumer Sentiment : 57.9 (Forecast: 63.1 | Previous: 64.7) – A sharp decline, indicating consumer pessimism about the economy.
UoM Inflation Expectations : 4.9% (Previous: 4.3%) – A worrying increase, which could push the Fed toward a more hawkish stance.
Declining consumer sentiment may pressure the Fed to adopt a more accommodative stance, which is positive for risk assets like Bitcoin.
Rising inflation expectations could increase demand for inflation-hedge assets like Bitcoin.
However, if the Fed sees inflation rising as a concern, they may maintain a tighter policy, which could weigh on markets.
Today's data presents mixed signals, but falling consumer confidence and rising inflation expectations could ultimately fuel Bitcoin's next leg up.
Based on the above explanation , I expect Bitcoin to rise to at least the upper resistance zone($87,000_$85,820) after completing its pullback and complete the mission of filling the CME Gap($86,400_$85,595) . Of course, a CME Gap($80,760_$80,380) has also formed.
In your opinion, has Bitcoin finished its correction or created an opportunity for us to escape again?
Note: If Bitcoin falls below $81,300, we should expect further declines.
Note: If Bitcoin goes above $87,800, we should expect further increases.
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
GOLD WEEKLY CHART MID/LONG TERM ROUTE MAPHey Everyone,
Please see update on the weekly chart idea that we have been tracking for over a while now and now fully complete.
After completing 2856 target, we were left with candle body close above 2856 leaving a gap to 2976 but needed ema5 lock to further confirm this. We then had the ema5 lock last week to further confirm the long range gap above. This gap was completed last week completing this chart idea and with plenty of time for us to get in for the action, just perfect!!!
This is the beauty of our channels, which we draw in our unique way, using averages rather than price. This enables us to identify fake-outs and breakouts clearly, as minimal noise in the way our channels are drawn.
We will now update a new weekly chart idea for our long term analysis, targets and gaps next week. Please keep an eye out for it.
Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
Bitcoin Ending diagonal formationBitcoin's macrostructure exhibits a well-defined impulsive motive wave sequence, currently progressing within a terminal Wave 5, forming a potential Ending Diagonal pattern.
The ascending trendline serves as a key structural support level, sustaining the broader bullish trajectory. Price action has confirmed a series of higher highs and higher lows, characteristic of a strong bullish market structure.
The critical resistance level around $73,500 aligns with prior wave peaks. The projected completion of the motive wave structure targets approximately $166,800-$180,000, where a major corrective wave sequence (ABC Zigzag or Flat) is anticipated.
The confluence of dynamic support levels, including the ascending trendline and previous structural highs, suggests a corrective retracement toward the $70,000–$75,000 region before potential re-accumulation.
Failure to maintain this immediate support as shown on the chart could expose deeper retracement zones near the secondary demand zone. Do let us know what you think of Bitcoin in the comment section.
EURUSD UPDATED Strategic Outlook 2025: 0.9000 PT BEARS 📉 **EUR/USD Weekly Outlook Update**
🔹 **Downtrend Intact**: The **EUR/USD** downtrend has been well-defined since **2009**, and a recent **strong rejection** after a period of distribution confirms bearish momentum.
🔹 **Technical Target 🎯**:
- **Short-term Outlook**: EUR/USD is set to hit **0.95** by **summer 2025**.
- **Year-End Projection**: Expected to end **2025 at 0.9000**.
- **Upside Cap**: Limited to **1.13** at most in 2025.
🔹 **Key Reasons for Further Decline** 📉:
- **Strong USD (DXY Strength) 💪**
- **Firm U.S. Political Leadership 🇺🇸** vs. **Weak EU Leadership 🇪🇺**
- **Fragile Eurozone Economy 🏦**
## 📊 **Why the Eurozone is Set for Further Decline**
🔻 **Slow Economic Growth ⏳**
- The **Eurozone's economy** is growing at a sluggish pace compared to other regions.
- **Weak domestic demand**, **low productivity growth**, and **high export dependency** on slower-growing markets (e.g., China 🇨🇳) weigh on investor confidence and euro demand.
🔻 **Demographic Challenges 👴📉**
- Aging populations in **Germany, Italy, and Spain** reduce the labor force.
- Higher pressure on **social services & pension systems** slows long-term growth potential.
🔻 **High Energy Prices & Inflation 🔥📊**
- The **energy crisis** (exacerbated by the Russia-Ukraine war 🇷🇺🇺🇦) raises business costs.
- **Inflation remains high**, limiting the **ECB’s ability** to stimulate growth without worsening price pressures.
🔻 **Geopolitical Tensions & Economic Risks ⚠️🌍**
- The **Ukraine war & energy disruptions** hit Europe harder than other regions.
- **Reliance on Russian energy** led to severe **supply shocks**, further weakening the eurozone economy.
🔻 **Eurozone Structural Issues 🏗️❌**
- Economic **imbalances between member states** (Germany & France strong, Italy & Greece weak).
- **Common monetary policy** limits individual governments’ ability to react to crises.
- **High debt burdens** in weaker economies drag down overall performance.
🔻 **Tight Fiscal Policies 💰🚫**
- **EU fiscal rules** restrict deficit spending, limiting government stimulus efforts.
- **Lack of fiscal unity** prevents stronger coordinated responses to economic downturns.
📌 **Bottom Line for EUR/USD Traders**
✅ The **downtrend remains dominant** 📉.
✅ **Technical & fundamental** factors favor a **weaker euro**.
✅ Expect further declines **toward 0.95 by summer & 0.90 by year-end**.
✅ Limited upside beyond **1.05** in 2025.
🚀 **Stay updated & trade wisely!** 💹
Name Your Coin and We’ll Do an Analysis!Got a coin you’re curious about? Drop its name in the comments (e.g., BTC, ETH, SOL), and we’ll dive in to give you a full analysis. Whether it’s a big hitter or an under-the-radar pick, we’ve got you covered. Tell us your coin, let’s get started!
How it works:
Tell us the coin’s name.
We’ll pick the most popular ones and break them down for you.
Bitcoin can rebound from triangle pattern to 90K pointsHello traders, I want share with you my opinion about Bitcoin. Not long ago, the price was trading within a range, where it quickly entered the seller zone and remained near this area for quite some time. BTC attempted to rise but failed, and after nearly reaching the upper boundary of the range, it dropped sharply. The price broke through the 94000 level, exiting the range as well, and then fell to the support level, which aligned with the buyer zone. Shortly after, the price made a strong upward impulse toward the resistance level before starting a decline within a downward triangle. Inside this pattern, BTC initially made a correction, climbed back to the resistance line of the triangle, and then resumed its decline. Eventually, the price dropped to the 78900 support level, where it touched the triangle’s support line and then began to rise. At the moment, BTC continues to climb near this level, and I expect it to rebound from the support line of the triangle and break above the resistance, signaling an exit from the pattern. If this happens, I anticipate further growth, so my target is set at 90000 points. Please share this idea with your friends and click Boost 🚀
BITCOIN → Short-squeeze 86-89K before falling further to 75KBINANCE:BTCUSD continues to form a downtrend after breaking the bullish structure on the weekly timeframe. There is no bullish driver yet, and technically, the price is heading to the global imbalance zone of 75-73K
The past crypto summit and any other talk of cryptovalt support cannot support the market. Such events end with further market decline.
Technically, the market continues to form a downtrend (global counter-trend), based on this alone, we can say that the price is now going against the crowd and this is generally logical behavior. Globally, the zone of interest is located in the following zones - 75K, 73K and order block 69-66K
Locally, I would emphasize the nearest liquidity zones, located at the top, which can be tested before the further fall: 86697, 89.397
Resistance levels: 85135, 86678, 89397
Support levels: 79987, 78173, 73512
After the false break of 78K support there is no strong reaction, the market is forming a struggle for 84-85K zone, which generally indicates buying weakness. Before the further fall there may be a short-squeeze relative to the above mentioned zones of liquidity, which may lead to a further fall
Regards R. Linda!
HelenP. I Gold will continue to move up in upward channelHi folks today I'm prepared for you Gold analytics. Looking at the chart, we can see that the price entered the channel and began moving higher along the trend line. Soon, it climbed to Support 2, which aligned with the support zone, broke this level, retested it, and then continued its upward movement. Later, Gold reached Support 1, which also coincided with a support zone. Shortly after, it broke this level as well, reaching the resistance line of the channel before making a correction to another support zone. The price traded around this area for some time before making a corrective move below Support 1, even briefly breaking the trend line in a false breakout. However, it quickly resumed its upward movement within the channel. Gold then broke through Support 1 again, retested it, and rebounded from the support zone. Based on the current structure, I expect XAU/USD to make a corrective move toward the trend line before continuing its growth inside the upward channel. Given this scenario, my goal is set at 3070 points. If you like my analytics you may support me with your like/comment ❤️
LTC Ready for PUMP or what ?The price can encounter a strong pump after declining to the bottom of the triangle, and after breaking the triangle, it can reach the desired targets.
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
AltSeason Begins If/When...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
🔹 Let’s keep it simple and straightforward:
📈 Altseason begins if/when ETH breaks above its falling channel (in red) 📉 and the $2,000 round number.
⚠️ Meanwhile, further downside is expected.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
GBPJPY: Both Moves Are Possible But It Has Higher Odds To RiseGBPJPY: Both Moves Are Possible But It Has Higher Odds To Rise
19 March - Bank of Japan (BOJ) Rate Decision The BOJ is expected to maintain its interest rate at 0.5%, with no hike anticipated. While the rate decision itself seems predictable, the real market mover will likely be the press conference. If the BOJ avoids providing clear guidance on its monetary policy and leaves room for interpretation, the Japanese yen (JPY) may weaken further.
20 March - Bank of England (BOE) Rate Decision The BOE is also expected to hold its interest rate steady at 4.5%, with no cuts or hikes on the horizon. This aligns with market expectations.
You may watch the analysis for further details!
Thank you:)
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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.
Bull Trap Confirmed: HOOD's 8% Rally Faces ExhaustionHey Traders after the success of our last month trade on Tesla hitting all targets more than 35%+
With a Similar Trade setup I bring you today the NASDAQ:HOOD
Short opportunity on Hood
Based on Technical + Fundamental View
-Market structure
-Head and shoulder pattern
-Currently will be trading at supply zone which was a recent support and now an ideal place for a reversal to create the right shoulder of the bigger head and shoulder pattern - Daily time frame.
1. Declining User Growth and Transaction-Based Revenue
2. Regulatory and Legal Challenges
3. Rising Costs and Profitability Pressures
4. Intense Industry Competition
5. Macroeconomic and Market Volatility
Technical View
Head and shoulder pattern - Pretty visible. Right shoulder is yet to be formed, Which makes an ideal place to SELL with a great Risk Reward ratio.
Pro Tip
Wait for a bearish candle stick pattern to execute trades on end of the day keeping stop loss somewhere above the supply zone.
Target 1 - 35.52$
Target 2 - 30.81$
Target 3 - 26.26$
Stop Loss - 44.72$
Fundamental View
1. Declining User Growth and Transaction-Based Revenue
Robinhood’s revenue model relies heavily on Payment for Order Flow (PFOF), which makes it vulnerable to fluctuations in trading activity. After a pandemic-driven surge in 2020–2021, user growth stalled, with monthly active users dropping 34% YoY to 14 million by mid-2022. Transaction revenue fell 55% in Q2 2022, and while assets under custody grew to $140 billion by Q2 2024, the platform’s dependence on volatile crypto and meme-stock trading amplified revenue instability.
2. Regulatory and Legal Challenges
The SEC’s scrutiny of PFOF and proposed trading rule changes threaten Robinhood’s core revenue source. In 2022, New York regulators fined Robinhood’s crypto unit $30 million for anti-money laundering violations. Ongoing legal risks, including backlash from the 2021 GameStop trading restrictions, have further eroded institutional trust.
3. Rising Costs and Profitability Pressures
Operating expenses surged due to aggressive marketing, technology upgrades, and compliance investments. Despite workforce reductions (23% layoffs in 2022), profitability remains strained. The company’s shift toward diversified products like retirement accounts and credit cards has yet to offset these costs.
4. Intense Industry Competition
Traditional brokers like Fidelity and Charles Schwab adopted zero-commission trading, neutralizing Robinhood’s initial edge. Newer platforms like Webull and Public.com also captured younger investors with advanced features, while Robinhood’s limited product range (e.g., lack of wealth management services) hindered retention of high-net-worth clients.
5. Macroeconomic and Market Volatility
- Interest Rate Sensitivity: As a growth stock, HOOD declined amid rising rates in 2022–2023 and broader tech-sector sell-offs.
- Recent Market Turmoil: On March 10, 2025, HOOD dropped 18% alongside crypto-linked stocks like Coinbase due to Bitcoin’s price volatility and fears of inflationary tariffs under new U.S. policies.
- Retail Investor Pullback: Reduced discretionary investing and crypto crashes (e.g., Bitcoin’s 71% plunge in 2022) dampened trading activity.
NOT AN INVESTMENT ADVISE
Ethereum – The Never Ending Bear Trend? Current Market Structure – Bearish Trend Dominates
Ethereum (ETH) is currently in a well-defined downtrend, consistently rejecting imbalance zones (highlighted in blue on the chart). Each time price reaches one of these zones, we see a rejection followed by a move lower. This has been a repeated pattern, confirming that sellers remain in control and that ETH is struggling to gain any meaningful bullish momentum.
The presence of a clear descending trendline further supports this bearish structure, as ETH continues to respect this resistance and fails to break higher. Until we see a strong shift in price action, the trend remains intact, and lower prices are likely.
Rejection of Imbalance Zones – No Bullish Confirmation Yet
The imbalance zones act as strong resistance, and so far, every attempt to push above them has resulted in rejection. This means that until one of these imbalance zones is invalidated (i.e., price breaks and holds above one), we cannot consider any bullish scenario.
Each rejection strengthens the bearish case, reinforcing the idea that ETH is likely to continue making lower lows and lower highs. Unless buyers step in with significant strength and push ETH beyond a key resistance level, the safest approach is to assume that the downtrend will continue.
When Can We Consider a Bullish Scenario?
For ETH to turn bullish, we need to see at least one of the following:
Breakout above an imbalance zone – This would indicate a shift in market structure and potential strength from buyers.
Higher highs and higher lows forming – A sign that momentum is shifting away from the current bearish trend.
Price reclaiming key resistance levels – If ETH can reclaim lost ground and sustain above it, it may indicate a potential reversal.
Until one of these conditions is met, there is no reason to be bullish. Any upside move that fails to break a key resistance should be considered a shorting opportunity rather than a bullish reversal.
Key Bearish Confirmation – Lower Prices Expected
As long as ETH keeps rejecting imbalance zones and making lower highs, the market structure remains bearish. The next downside targets are likely to be the previous support levels, with price potentially dropping towards the $1,600-$1,500 range if selling pressure continues.
The projected red price movement on the chart suggests that ETH could consolidate for a bit before continuing its descent. This aligns with the current trend and price behavior.
Historical Context – ETH at 2-Year Lows
ETH is currently trading at a price level last seen two years ago, reflecting significant weakness. Despite temporary rebounds, price action remains suppressed, and we are not seeing the kind of momentum that would indicate a strong recovery.
While some may view this as a “cheap” buying opportunity, the reality is that ETH is showing no bullish strength in its current price action. Without a confirmed trend reversal, simply being at a low price does not make it a good buy. Catching a falling knife is risky, and it is better to wait for confirmation before considering long positions.
Here is the zoomed out chart:
Final Thoughts – Patience is Key
ETH remains in a strong bearish trend, and every rejection confirms lower prices.
No bullish confirmation yet – price needs to break a key level before we consider upside potential.
Expect further downside unless market structure changes.
ETH is at historical low levels, but low prices alone do not mean bullish momentum is coming.
As traders, the best approach is to wait for confirmation and trade with the trend. Until ETH proves otherwise, the bearish structure remains dominant, and downside targets remain in play.
__________________________________________
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GOLD will dump to 2800$ and then 2600$ which is 0.38Fib supportsoon we are looking for correction and dump for gold after months of being bullish and this fall or dump can be short-term and end near 2800$ or it can continue to hit targets like 2600$ even.
DISCLAIMER: ((trade based on your own decision))
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XRPUSDT after more range here more fall is ahead XRPUSDT is long-term still super bullish and we are looking for targets like 5$ and 10$ too but if the major resistance zone which is 3.1$ break to the upside else we are looking for more range here and even breakout of 2$ support zone to the downside and targets like 1.5$ and less and then we will update with long positions near that support zones mentioned on the chart too.
DISCLAIMER: ((trade based on your own decision))
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GOLD (XAUUSD): Correctional Movement Ahead?
After a test of 3000 psychological level, Gold looks overbought.
Analysing a 4H time frame, we can spot a completed head & shoulders pattern.
A bearish movement will be confirmed with a breakout of its horizontal neckline.
If a 4H candle closes below 2978, we can expect a retracement much lower
at least to 2955.
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