BTCUSD: Will the Bulls Defend Key Support Zones?The Bitcoin chart reveals a significant technical pattern that traders should be watching closely. After a strong run-up, we are seeing the asset face considerable resistance, forming what appears to be a double-top structure near the $124,000 level. 📈 This price action suggests a potential reversal or a substantial pullback before any further upward continuation.
Bitcoin is currently trading within a short-term Fib Golden Zone , a critical area for bulls to defend. 🛡️ This zone spans between the 61.8% ($116,730) and 78.6% ($114,500) Fibonacci retracement levels. A decisive break below this range could signal a deeper correction.
Beneath the short-term support, there is a key "Order Block" that could act as the next line of defense for the bulls. 🧱 This area, typically marked by institutional buying interest, is a high-probability reversal zone.
A more significant test for Bitcoin's strength lies in the "Major Fib Golden Zone" and the "Fair Value Gap" below the current price. 🎯 This area, roughly between $108,000 and $103,000, represents a confluence of strong technical support. A drop into this zone would be a healthy retracement to re-test prior support levels before attempting a new leg up.
Failure to hold the key support levels and a breakdown below the Major Fib Golden Zone could see the price seeking a deeper floor towards the "Ext Support" level, near the $96,000 mark. 📉 This would invalidate the recent bullish structure and open the door for a more prolonged bear market.
Disclaimer
The information provided in this chart is for educational and informational purposes only and should not be considered as investment advice. Trading and investing involve substantial risk and are not suitable for every investor. You should carefully consider your financial situation and consult with a financial advisor before making any investment decisions. The creator of this chart does not guarantee any specific outcome or profit and is not responsible for any losses incurred as a result of using this information. Past performance is not indicative of future results. Use this information at your own risk. This chart has been created for my own improvement in Trading and Investment Analysis. Please do your own analysis before any investments.
Double Top or Bottom
8/15: Watch Resistance at 3348–3358, Support at 3328–3323Good afternoon, everyone!
Yesterday, gold’s rebound was capped at 3352–3358, failing to turn resistance into support. As anticipated, price then moved into the 3332–3323 battleground.
On the 2H chart, bulls still hold a slight edge, with signs of a potential double bottom. However, if price continues to face resistance at 3348–3352 without breaking out, or loses the key 3328 support on a pullback, bullish momentum will weaken, and a bearish setup may re-emerge, increasing the likelihood of a retest near 3300.
With important US session data ahead, my strategy today differs from yesterday — focusing on buying dips as the main approach, with shorting near highs as a secondary option. Manage risk carefully and feel free to reach out if you need assistance.
USDT Dominance at crucial 3.8 percent support level !USDT dominance is hanging around the 4% mark, and history shows it doesn’t spend much time below here. The 3.8% zone has been a strong bounce point—think March 11, 2024, and again late December / late January, both forming a clean double-bottom.
Right now, we could be setting up for the same pattern. If 3.8% holds, a bounce is likely, and we could see dominance climb back toward the 6–6.5% zone before rolling over.
But if it breaks decisively below 3.8%, that would be a first in years and could trigger a larger market shift—possibly a super cycle where BTC runs toward 150–200K.
Historically, late August into September often brings corrections or dumps, so I’m watching closely over the next few weeks.
Bottom line:
3.8% holds → bounce likely.
3.8% breaks → game changes completely.
What’s your take—bounce or break?
NZDUSD: Pullback Trade From Support 🇳🇿🇺🇸
NZDUSD will rise from a key daily horizontal support.
I see a strong intraday bullish price action on an hourly time frame
with a formation of a tiny double bottom and multiple strong bullish candles.
Goal - 0.5937
❤️Please, support my work with like, thank you!❤️
Will FETUSDT Trap the Bulls Before a Brutal Drop?Yello Paradisers — is FETUSDT setting up the perfect bull trap before a sharp sell-off? The current market structure suggests danger ahead, and ignoring it could be costly.
💎FETUSDT remains in a clear bearish market structure. After taking inducement, price is now moving toward a key resistance zone while following an ascending channel — a combination that typically increases the probability of a downside reversal.
💎If price reaches this resistance zone and begins showing bearish reversal patterns — such as a double top or head-and-shoulders — the odds of a strong move down will rise significantly. For aggressive traders, an early entry could be taken on a confirmed breakdown of the ascending channel, but this is not the safest play, as the risk-to-reward would be poor.
💎However, if FETUSDT breaks and closes above the invalidation level, our bearish idea will be completely off the table. In that scenario, the smarter move is to wait patiently for a fresh setup with cleaner price action before committing capital.
🎖Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler.
MyCryptoParadise
iFeel the success🌴
Double Top (1h)TOTAL3ESBTC has formed and confirmed a textbook double top, with peaks near 0.347821 and a neckline at 0.336428 . The measured move projects a downside target of approximately 0.3250 , aligning closely with prior horizontal support.
Today’s hotter-than-expected PPI report adds macro pressure to an already bearish technical setup, potentially accelerating the move toward the target.
Key Points :
Pattern : Double top
Top : 0.347821
Neckline : 0.336428
Target : 0.3250 ( measured move )
Invalidation : if price reclaims and holds above 0.336428
Trade Considerations :
Aggressive traders may already be short from the breakdown
Conservative traders could wait for a neckline retest and rejection before entry
Monitor volume behavior to confirm momentum
Disclaimer :
This is not financial advice. Always do your own research before trading.
8/14: Watch Resistance at 3352–3358, Support at 3332–3323Good afternoon, everyone!
After entering the 3372–3378 resistance zone, gold attempted two breakouts but failed, forming a double-top pattern and breaking below the 3366 support. It then found temporary support at 3358–3352, but the rebound failed to reclaim 3366, leading to a further drop to test the 3343–3337 area. This is a textbook support-to-resistance shift, worth studying for those interested in technical analysis.
Currently, the structure favors the bears. In the coming moves, watch closely to see if the 3352–3358 area turns from support into resistance again. If selling pressure persists, 3332–3323 will be the next battleground. Should bulls fail to defend it, the 3300 level could be retested.
For the rest of the week, trading should remain focused on these key support and resistance zones. With data coming in during the US session today, risk management is crucial — favor short positions on rebounds, with long trades as a secondary option. If caught in a losing position, and your account is safe, consider averaging down or hedging. If you need assistance, feel free to message me.
Unity📈 UNITY PSX — Bullish Cypher + Double Bottom + Pullback Buy Zone 💎
🌀 Pattern:
X: 17.60 → A: 35.61 → B: 25.01 → C: 40.14 → D: 22.02
✅ Perfect Bullish Cypher completion at D
📊 Double bottom at D → neckline breakout
📍 Current Setup:
Hit 32.00 🎯 — now retracing to 28.00 🛡 (Fib breakout retest)
This zone is a buy-on-dip 28.50 to 25
🎯 Targets:
TP1: 32 🔁 (recent high)
TP2: 35 🚀 (A-point retest)
TP3: 39--40🌙 (C-point retest — extended move)
🛑 Stop-loss: Below Double Bottom
💼 Fundamentals — Power Boost:
1️⃣ Net Profit Rs 1.09 bn vs. Rs 1.21 bn loss last year 📈
2️⃣ EPS +0.92 vs. –1.01 previously 💰
3️⃣ Gross Profit +10.5% to Rs 7.41 bn (cost of sales down 12.6%) 🏭
4️⃣ Operating Profit +36% to Rs 6.80 bn; Other Income +202% to Rs 2.13 bn 💵
5️⃣ Dividend 75% cash declared 🏦
⚡ Summary:
Technicals + Fundamentals = High-confidence setup 📊
The Path to $30 XRP: Why This Bull Cycle Could Be DifferentIs a $30 XRP Price a Real Possibility for This Bull Cycle? A Deep Dive into the Perfect Storm Required
The cryptocurrency market is once again buzzing with audacious predictions, and at the heart of many speculative discussions is XRP, the digital asset native to the XRP Ledger. Following historical patterns of explosive, 10x or greater gains in previous bull markets, a vocal portion of the investment community is eyeing a monumental target: $30 per XRP by the end of the current cycle, potentially by mid-2026. This would represent an unprecedented surge, catapulting its market capitalization into the trillions and reshaping the hierarchy of the digital asset world.
While some market analyses project a climb toward the $34 mark, citing long-term technical patterns, the path to such a valuation is fraught with immense challenges and requires a "perfect storm" of legal, technological, and market-wide catalysts. This article will dissect the fervent bull case for a $30 XRP, weigh it against the significant bearish headwinds, and offer a balanced perspective on what it would take for such a dream to become a reality.
The Bull Case: Charting a Course to the Stratosphere
The optimism surrounding XRP is not unfounded but built on a combination of historical precedent, bullish technical setups, fundamental developments, and favorable macroeconomic tailwinds. The argument for a parabolic rise is multi-faceted, weaving together past performance with future potential.
Echoes of Bull Runs Past
History is a powerful psychological driver in financial markets, and for seasoned crypto investors, it often rhymes. XRP has a documented history of parabolic advances during bull cycles. In past market-wide rallies, the asset has demonstrated an ability to multiply its value in spectacular fashion, delivering gains that far outpace many of its peers. Proponents of a new all-time high believe these past performances are a prelude to future potential. They argue that the asset is coiled for another breakout and that a tenfold gain from its recent highs is not just possible, but consistent with its historical behavior during periods of market euphoria.
Technicals Flashing Green
Several technical analysts have laid out a roadmap that could, in theory, lead to astronomical prices. These analyses focus on long-term chart patterns that have been developing over several years.
One of the most cited bullish patterns is a massive, seven-year double-bottom structure. In technical analysis, a double-bottom is a classic reversal pattern that indicates a major shift from a downtrend to an uptrend. A breakout from such a long-term formation is often considered a powerful signal of sustained upward momentum. Some chart interpretations suggest that a confirmed breakout from this pattern, followed by a successful retest of the breakout level as new support, could launch the price on a trajectory toward the $30-$34 range.
Furthermore, other analytical frameworks like Elliott Wave theory are being applied to forecast XRP's potential path. This theory posits that markets move in predictable, repetitive wave patterns driven by investor psychology. According to some of these models, XRP may be in the midst of a powerful "Wave 3" surge, which is typically the longest and most powerful wave in an uptrend. These projections offer various potential price targets, with the most ambitious scenarios pointing to a price corridor between $27 and $30.
The End of a Legal Saga
Perhaps the most significant fundamental development has been the resolution of the nearly five-year-long legal battle with the U.S. Securities and Exchange Commission (SEC). For years, this lawsuit cast a long shadow over XRP, creating immense uncertainty and suppressing its price while the rest of the market soared.
The landmark court ruling, which determined that programmatic sales of XRP on public exchanges do not constitute securities transactions, provided crucial legal clarity. The subsequent finalization of this matter has removed a massive overhang, boosting investor confidence and, more importantly, paving the way for greater institutional adoption. With the legal ambiguity resolved in the United States, exchanges that had delisted the asset can relist it, and financial institutions that were hesitant to engage with XRP now have a clearer regulatory framework to operate within. This legal victory is widely seen as a foundational catalyst for the next phase of growth.
The Promise of a Spot ETF
Following the watershed moment of the successful launch of spot Bitcoin ETFs, the market is overwhelmingly optimistic about a spot XRP ETF. The precedent has been set, and many believe an XRP ETF is not a matter of if, but when. Market sentiment suggests a very high probability of approval by late 2025 or early 2026.
A spot ETF would be a game-changer for accessibility. It would allow traditional investors, wealth managers, and large institutions to gain exposure to XRP through their existing, regulated brokerage accounts, without the complexities of managing private keys or using cryptocurrency exchanges. The resulting inflows of capital could be substantial. If an XRP ETF were to capture even a fraction of the capital that flowed into Bitcoin ETFs, it would create immense buying pressure and could significantly propel the price. Some forecasts suggest an approved ETF alone could be the primary driver of a rally toward the high double-digits, a figure that aligns with the most bullish technical targets.
Ecosystem Growth and Utility
Beyond speculation and market structure, the XRP Ledger itself is evolving. Proponents argue that its underlying utility is growing, providing a fundamental basis for a higher valuation.
A key area of growth is the tokenization of Real-World Assets (RWAs). The XRPL is gaining traction as an efficient and low-cost platform for creating digital representations of tangible and financial assets. The value of tokenized assets on the ledger has seen explosive growth, driven by institutional interest in bringing assets like U.S. Treasuries, real estate, and private credit onto the blockchain.
Simultaneously, the Decentralized Finance (DeFi) ecosystem on the XRPL is expanding. While still nascent compared to competitors, its Total Value Locked (TVL) has been steadily increasing. The introduction of new stablecoins, including an upcoming offering from Ripple itself and the integration of established stablecoins, is expected to further enhance the ledger's utility for payments, trading, and other decentralized financial applications. This growing utility, bulls argue, will eventually be reflected in the price of the native asset, XRP.
The Bear Case: The Immense Hurdles on the Path to $30
While the bull case is compelling, the journey to $30 is littered with formidable obstacles. A sober analysis reveals that such a price target may be more of a dream than a realistic probability for this cycle, requiring a suspension of disbelief regarding market dynamics and valuation principles.
The Staggering Market Cap Requirement
The single greatest argument against a $30 XRP is the sheer market capitalization it would require. This is not a matter of opinion, but of simple mathematics. With a total supply of 100 billion tokens, a price of $30 per XRP translates to a market capitalization of $3 trillion.
To put this number into perspective:
• Bitcoin's all-time high market cap is approximately $1.4 trillion.
• The entire cryptocurrency market at its absolute peak valuation was around $3 trillion.
• Ethereum, the second-largest cryptocurrency, reached a peak market cap of roughly $550 billion.
For XRP to reach a $3 trillion valuation, it would need to become more than twice as valuable as Bitcoin has ever been. It would have to single-handedly equal the value of the entire crypto asset class during the peak of the last bull run. This would require an unprecedented and arguably unrealistic inflow of capital into a single altcoin within one market cycle, an event for which there is no historical precedent.
The Glaring Valuation Disparity
A major red flag for fundamentally-oriented investors is the massive disconnect between XRP's market capitalization and the actual economic activity occurring on its ledger. A common metric used to gauge this is the market-cap-to-TVL ratio. Even at more modest valuations, XRP's market cap has often been thousands of times greater than the Total Value Locked in its DeFi ecosystem.
This indicates that the valuation is overwhelmingly driven by speculation on future utility rather than current, tangible use. While the promise of RWA tokenization is exciting, the current on-chain metrics remain weak in comparison to the asset's valuation. Critics point out that daily trading volumes on the ledger's decentralized exchange can be surprisingly low, and nascent sidechain projects have yet to gain significant traction or attract substantial capital. This stark contrast with platforms like Ethereum, where a robust and multi-billion dollar DeFi ecosystem provides a much stronger fundamental underpinning for its valuation, suggests XRP may be significantly overvalued on a utility basis.
Intense Competition
Ripple and XRP do not operate in a vacuum. The problems they aim to solve are being tackled by a host of powerful and innovative competitors.
In the cross-border payments arena, where XRP was a pioneer, it now faces a crowded field. Traditional systems like SWIFT have not stood still, upgrading their services to improve speed and transparency. More importantly, the rise of stablecoins presents a formidable challenge, as they offer a stable unit of account for remittances and have seen massive adoption. Furthermore, a new wave of fintech solutions and central bank digital currencies are all vying for a piece of the global payments market.
As a smart contract platform, the XRP Ledger is competing in the brutal Layer 1 blockchain race. It is up against the entrenched network effects of Ethereum and the high-speed, rapidly growing ecosystems of alternatives like Solana, all of which are battling for developers, users, and capital.
Tokenomics and Sell Pressure
XRP's large total supply of 100 billion tokens is a persistent point of concern for some investors, as it creates a different price dynamic than scarcer assets like Bitcoin. Additionally, after a significant run-up in price, a very large percentage of the circulating supply is often held at a profit. This raises the risk of significant sell-offs as the price climbs. Long-term holders and early investors may be tempted to take substantial profits at key psychological levels, creating persistent headwinds that could challenge sustained upward momentum toward extreme targets like $30.
Conclusion: A Possible Dream, An Improbable Reality
So, is a $30 XRP a real possibility for this bull cycle? The answer is nuanced. While not mathematically impossible, it resides firmly in the realm of extreme optimism and would require a confluence of events so perfect it borders on miraculous.
For XRP to reach a $30 valuation, the following would likely need to happen:
1. Massive Institutional Inflows: A spot XRP ETF would need not only to be approved but also to attract hundreds of billions of dollars in a short period, dwarfing the initial success of the Bitcoin ETFs and signaling a seismic shift in institutional asset allocation.
2. Explosive Utility Growth: The XRP Ledger would need to see an exponential, near-vertical increase in real-world adoption for payments, DeFi, and RWA tokenization. Its on-chain economic activity would need to grow by orders of magnitude to begin to justify a multi-trillion-dollar valuation.
3. Unprecedented Market-Wide Euphoria: The entire cryptocurrency market would likely need to swell to a valuation of $10 trillion to $15 trillion or more, with XRP simultaneously capturing a disproportionately large share of that new capital.
4. Sustained Macroeconomic Tailwinds: A continued global economic environment of high liquidity and strong investor risk appetite would be necessary to fuel such a speculative rally across all risk assets.
More conservative, yet still very bullish, price targets tend to fall in the $5 to $13 range. These projections, while less sensational, represent substantial gains from recent levels and are grounded in more realistic assumptions about market growth and adoption.
Ultimately, while the dream of a $30 XRP fuels excitement and captures the imagination, investors should remain grounded. The journey ahead will be defined by tangible progress in the Ripple ecosystem, the real-world utility of the XRP Ledger, and the broader health of the global financial markets. The leap from its current standing to a $3 trillion asset is not a single jump but a vast chasm that is exceptionally unlikely to be crossed in a single bull cycle.
AVAX Analysis (1W)AVAX is currently attempting to form a double bottom pattern, which could signal a strong bullish reversal if confirmed. Earlier this week, AVAX made an effort to break down the key support/resistance zone, but it lacked the necessary volume to succeed.
If AVAX manages to reclaim the resistance area around $27 or higher, and confirms the breakout with a daily candle retest, the minimum target sits at $32.
However, if AVAX fails to break through resistance, there’s potentially an even better buying opportunity in the lower timeframes—a demand zone between $20 and $20.6.
I believe altcoins will offer another chance to catch up while prices are still far below their future valuations.
-S Wishes you the best in luck.
XAUUSD – Key Support Break TestGold has been consolidating after failing to reclaim the 3,358.25 resistance zone. Price is now testing the 3,340.00 support, with further downside pressure targeting 3,320.11 if sellers maintain momentum.
Support: 3,340.00 🔽, 3,320.11, 3,300.00, 3,270.00
Resistance: 3,358.25 🔼, 3,380.00, 3,400.00
🔎 Bias:
🔼 Bullish: If price holds above 3,340.00 and reclaims 3,358.25.
🔽 Bearish: If price closes below 3,340.00, opening the path to 3,320.11 or even lower to 3,300.00.
📛 Disclaimer: This is not financial advice. Trade at your own risk.
Gold (XAU/USD) - Trading Signals Post-Trend BreakoutIntroduction:
Analysis of Gold (XAU/USD) on lower timeframes, focusing on the breakout from an ascending trendline.
Technical Analysis:
Pattern: Breakout below $3,380.00, potential drop to $3,335.00 or $3,300.00.
Levels: Support at $3,335.00 and $3,300.00; resistance at $3,380.00.
Scenario 1:
If a strong bullish candle forms at $3,335.00, go long to $3,380.00 (stop loss behind bullish candle).
From $3,380.00 with candle confirmation, go short to $3,300.00 (stop loss at $3,412.00).
Scenario 2:
If price drops to $3,300.00 without rebounding, go long with a strong bullish candle to $3,400.00 (stop loss at $3,275.00).
Risk Management:
Risk-to-Reward: Scenario 1 (1:2), Scenario 2 (1:3).
Conclusion:
Breakout below $3,380.00 suggests a drop to $3,335.00 or $3,300.00. Await candle confirmation for long or short entries.
Disclaimer:
This analysis is for informational purposes only and not financial advice. Conduct your own research.
Tags: #Gold, #XAUUSD, #TradingSignal.
Time: Now (02:10 PM CEST, August 11, 2025).
Gold trapped between 3,400.00 and 3,380 zoneAfter bouncing from 3,268.42 zone, Gold have been showing strong bullish momentum until it found itself between resistance zone 3,400.00 and support zone 3,380.00.
Zones to watch:
Support zones:3,800.00⬇️, 3,500.00⬇️
Resistance Zone:3,400.00⬆️, 3,430.00⬆️
🔎BIAS:
🔼Bullish: Break and hold above 3,400.00 could extend gains towards 3,430.00
🔽Bearish: Break below 3,380.00 may lead to 3,350.00 and even deeper pullback towards 3,330.00.
📛 Disclaimer: This is not financial advice. Trade at your own risk.
Candle patterns that help you always WinHello everyone, if you are struggling to identify price zones, entry points, or simply want to predict the trend of any currency pair, then this article is for you.
I will divide it into several parts, and today we will cover some common patterns — so grab a pen and paper to take notes!
First pattern: ASCENDING TRIANGLE
The ascending triangle is considered a bullish continuation pattern. In order to locate it, we will observe more than one ascending peak. To draw this pattern, a horizontal line (the resistance line) must be placed above the resistance points, and an ascending line (the uptrend line) must be drawn along the support points.
Second pattern: FLAG
The flag pattern is used to identify the possible continuation of a previous trend from a point where the price has drifted against that same trend. If the trend resumes, the price rise could be rapid, making the timing of a trade advantageous when noting the flag pattern.
If you think you have seen a flag to trade, the most important thing is the fast and steep price trend. If the price slowly rises and falls below the flag, you'd better not trade at that time.
3. CUP AND HANDLE
The cup and handle pattern on the price chart resembles a cup with a handle, where the cup is u-shaped and the handle has a slight downward slope.
The cup forms after an upward move and looks like a bowl or rounded bottom. As the cup is completed, a narrow price range develops on the right side and the handle is formed. A subsequent breakout of the trading range that forms the handle indicates a continuation of the previous upward move.
4. DOUBLE BOTTOM
The trajectory of the asset price within the formation of the model resembles the letter "W". The last two price lows, located at approximately the same level, is an area of strong support, in which twice performs an upward price reversal.
When the market price breaks the resistance level of the pattern, the formation of the pattern is complete. The sell signal appears and a change in the trend direction is expected.
5. INVERSE HEAD AND SHOULDERS
This pattern is identified when the price action of a security meets the following characteristics: the price falls to a low and then rises; the price falls below the previous low and then rises again; finally, the price falls again, but not as much as the second low. Once the final low is reached, the price heads upward toward resistance near the top of the previous apexes.
6. ROUNDING BOTTOM
The rounding bottom pattern looks similar to the cup and handle pattern, but does not experience the temporary downward trend of the "handle" portion.
The initial downward slope of a rounding bottom indicates oversupply, which forces the stock price down.
The move to an uptrend occurs when buyers enter the market at a low price, which increases demand for the stock. Once the rounded bottom is completed, the stock breaks out and will continue in its new uptrend.
7. TRIPLE BOTTOM
The Triple Bottom pattern is similar in appearance to the Inverse Head and Shoulders pattern, in that it is represented by a series of three highs and lows.
The difference is that the three highs of the Triple Bottom will have approximately the same height, whereas in the Inverse Head and Shoulders pattern, the second low is lower than the first and third lows.
The appearance of the Triple Bottom indicates the existence of a downtrend, which is currently in the process of reversing into an uptrend.
And here are some classic bullish patterns. In the next parts, I will cover bearish patterns, how to read candlesticks, and technical indicators.
If you find this interesting and useful, please leave me a like and a comment to keep me motivated!
Now, are you ready to trade? Remember and practice these patterns — you’ll soon become a true professional.
Good luck!
Kevinn_Nguyen.
Gold & DXY Analysis 09/08/2025Support Zone: 3276
Resistance Zone: 3400
With CPI and PPI failing to meet forecasts repeatedly and Trump's direction to tariff 100-ounce gold bar imports, the US Dollar Index (DXY) will continue its bearish downtrend structure. We can confirm this through the 1-hour and 4-hour failed change of character to create new highs inside the bullish structure.
Gold formed higher lows (HL) and lower highs (LH) however, failed to break higher highs (HH) and lower lows (LL) while in a consolidation range in the lower timeframes. This gives me confidence that price has a high probability of continuing the bullish trend structure to the upside.
Added support to push past 3400 is through the daily timeframe where we can see a double top and bottom formed on 13 June to 31 July between our support and resistance zone creating higher highs but failing to break our lower lows.
This suggests that Spot Gold will move towards 3441 pips or 3499 pips through the week with the coming news and current chart patterns.