BITCOIN → Consolidation. Shake-out before growth to 110KBINANCE:BTCUSD is consolidating both locally and globally. The market lacks drivers, but at the same time, big players continue to keep the coin from falling further
Bitcoin is in consolidation or in a localized correction due to Trump putting cryptocurrencies on the back burner. No supportive executive orders have been issued, except that there is a little noise around the federal reserve, but only from the states and that is in question what assets will fill this fund, confiscated or still politicians will start buying BTC. As for the global economy regarding bitcoin, a lull has been forming lately. Except for SOL and DOGE, for which the SEC has already started accepting applications to launch ETFs.
Technically, I'm keeping an eye on local consolidation: 94800 - 98400. A breakout of resistance could give hope to the market and in that case bitcoin could strengthen to 102 - 107K
Resistance levels: 98.4, 100.2, 102.7
Support levels: 94.8, 91.3
But, based on the general technical situation, there is a huge pool of liquidity in the 91-90K zone and before further growth the price may test this zone and form a false breakdown before the market returns to active buying.
Regards R. Linda!
Fibonacci Retracement
Bitcoin Seasonality - Best Month (October) and Best Day (Monday)It's very important for every Bitcoin trader to know its seasonality because this will significantly increase the probability of successful trades. I have been trading Bitcoin for almost 10 years, and I successfully use seasonality patterns to predict Bitcoin price movements. For example, you don't want to go long on Bitcoin during August or September; that's probably a very bad idea. The biggest market crashes usually happen in September. But you definitely want to go long in October or April, as these months are the most promising. Knowledge of these patterns will give you an advantage over standard retail traders. Every trade matters.
Average return by Month (%)
January: +5.1%
February: +12.1%
March: +4.8%
April: +18.7%
May: +14.2%
June: +4.4%
July: +6.1%
August: -3.1%
September: -8.4%
October: +22.2%
November: +17.9%
December: +7.3%
Average return by Weekday (%)
Monday: +0.63%
Tuesday: +0.18%
Wednesday: +0.54%
Thursday: +0.40%
Friday: +0.37%
Saturday: +0.45%
Sunday: +0.10%
Currently I am bullish on Bitcoin as the price is in an uptrend and the bear market is not confirmed; I expect Bitcoin to hit 115k probably at the end of February/March. What I also expect is an alt season - alt season is starting right now! So it's time to buy some altcoins. Ethereum should outperform BTC in the next weeks as well.
Write a comment with your altcoin, and I will make an analysis for you in response. Also, please hit boost and follow for more ideas. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!
GOLD → ATH retest - 2942. A step away from a breakoutFX:XAUUSD is testing ATH, which generally increases the chances of growth continuation. The 3000 target is getting closer and closer. Retail sales data is ahead
Metal is consolidating after the rally, remaining in an uptrend. Supported by Trump's tariff plans and expectations of Fed easing. PPI data reinforced dovish sentiment, weakening the dollar and bond yields.
Markets reacted to the delay in tariffs and comments from Trump and Powell on the need to cut interest rates (without specific dates), which supported gold. Ahead is possible profit taking and the impact of US retail sales data
Resistance levels: 2942.6, 2950
Support levels: 2929, 2922, 2908
Emphasis on key supports. There is a possibility of support retest before further growth. If this does not happen and the price heads towards ATH, the scenario for a pullback to the support at 2929-2922 before further growth will remain
Regards R. Linda!
BNX Breakdown: The Next Trade SetupBNX has recently been testing a key resistance zone around the $1 level. After hitting the 0.618 Fibonacci retracement at $1.10, the market shifted into a downtrend. Let's analyse where our next trade opportunity might arise.
Market Structure & Confluence Zones
$1 to $1.1: BNX encountered robust resistance between $1 and $1.1, where the 0.618 Fib retracement aligns perfectly with the fib speed fan (0.618-0.65). Additionally, the anchored VWAP taken from the high at $1.1 aligns beautifully with the $1 mark, adding another robust layer of resistance. This convergence reinforces the strength of this zone and signals potential continuation of the downtrend.
Recent price action shows that BNX has repeatedly bounced off the 0.618/0.666 levels during small downward corrections.
Moving Averages on the 1-Hour Chart: The 21 EMA/SMA on the 1-hour timeframe is clustering between $0.97 and $1, providing additional confirmation of the resistance and offering an ideal entry region for short trades.
Primary Short Trade Setup
Given the multiple confluences around the resistance zone, our main focus is a short trade with a well-defined laddering strategy:
Entry Strategy (Laddering): Initiate short positions with staggered entries between $0.97 and $1.019. This dollar-cost averaging (DCA) approach allows for flexibility and optimises your entry as price tests the resistance zone.
Stop Loss (SL): Place your stop loss around $1.0375, just above the Point of Control (POC) or the previous high in this range to effectively manage risk.
Target: Aim for a profit target at $0.8. This target is supported by multiple technical indicators.
Risk/Reward Ratio: With these levels, you are looking at an approximate risk/reward ratio of 4:1 or better, depending on your specific DCA weighting.
Confirmation: As always, await confirmation through order flow analysis and the appearance of rejection candles at key levels before entering the trade.
SOL/USDT 4H Chart ReviewHello everyone, let's look at the 4H SOL to USDT chart, in this situation we can see how the price has moved sideways from the downtrend line, while currently we see movement in the triangle marked with blue lines, in which we are also approaching the exit, and therefore the price should take the direction of movement.
Let's start by defining the goals for the near future that the price must face:
T1 = 206 USD
T2 = 224 USD
Т3 = 239 USD
Т4 = 255 USD
Now let's move on to the stop-loss in case the market continues to fall:
SL1 = 192 USD
SL2 = 174 USD
SL3 = 160 USD
SL4 = 146 USD
When we look at the RSI indicator, we can see how energy is approaching the lower limit of the range and here we can see that we often had descents significantly below the lower range, but we are approaching the zone where we could previously observe price rebounds.
GBPUSD → Attempting a trend change. 1.257 - triggerFX:GBPUSD is trying to take a chance for a trend change amid the dollar correction. The price is testing consolidation resistance for a breakout
On the daily timeframe, the price is consolidating above the previously broken trendline and the attempt to break the resistance is generally indicative of the market sentiment. A dollar correction could favor the pound if the index breaks 107 and heads towards 106-105.
Technically, the focus is on 1.257, a key resistance trigger. A break and price consolidation above this zone could trigger a rally.
Resistance levels: 1.2575, 1. 2718
Support levels: 1.250, 1.2377
I do not exclude the possibility of a retest of 1.250 support in order to accumulate liquidity before further growth. The dollar is likely to continue its correction after Trump's and Powell's comments on rate cuts
Regards R. Linda!
Best Fibonacci Retracement and Extension Levels for Trading
In this short article, you will learn the best Fibonacci extension and retracement levels for trading Forex and Gold.
I will share with you correct settings for Fibonacci tools and show you how to use & draw Fibonacci's properly on TradingView.
Best Fibonacci Retracement Levels
First, let's discuss Fibonacci retracement levels.
Here are the default settings for Fibonacci retracement tool on TradingView.
We will need to modify that a bit.
We should keep 0; 0,382; 0,5; 0,618; 0,786; 1 levels
0,382; 0,5; 0,618; 0,786 will be the best retracement levels for Forex & Gold trading.
How to Draw Fibonacci Retracement Levels Properly
In order to draw fib.retracement levels properly, you should correctly identify a price action leg.
You should underline that from its lowest low to its highest high, taking into consideration the wicks of the candlesticks.
Fibonacci Retracement of a bullish price action leg will be applied from its low to its high.
1.0 Fibonacci level should lie on the lowest lie, 0 - on the highest high.
Fibonacci Retracement of a bearish price action leg will be applied from its high to its low.
Best Fibonacci Extension Levels
Above, you can find default Fib.extension settings on TradingView.
We will need to remove all the retracement levels; 2,618; 3,618; 4,236 and add 1,272; 1,414 levels.
1,272; 1,414; 1,618 will be the best Fibonacci Extension levels for trading Gold and Forex.
How to Draw Fibonacci Extension Levels Properly
Start with correct identification of a price action leg.
Draw the Fib.Extension levels of a bearish price movement from its high to its low .
Draw the Fib.Extension levels of a bullish price movement from its low to its high.
I apply the fibonacci levels that we discussed for more than 9 years.
They proved its efficiency and strength in trading different financial markets. Learn to combine Fibonacci levels with other technical analysis tools to make nice money in trading.
❤️Please, support my work with like, thank you!❤️
BNB - will there be enough time for further growth in this cycleHello everyone, I invite you to review the current situation on BNB. When we enter the one-month interval, we can see how the price, after a long period of bearishness, turned into an upward trend in which it came out on top of the long-term downward trend line. Currently, we can see the movement along the upward trend line, which is also a support line for declines.
Here we can see how the price is currently based on support at $ 670, however, if this support is broken, we can then see the price quickly descending again to the area of a strong support zone from $ 540 to $ 460.
Looking the other way, we can see that when the trend reverses, we first have a resistance zone from $ 744 to $ 810, only when we come out on top of this zone can we see further movement towards $ 893, which may open the way towards another strong resistance in the area of $ 1134.
The RSI indicator shows that we are staying above the upper limit, which could potentially indicate an approaching larger rebound, but before that we may still see an attempt at growth so that the indicator reaches its previous highs.
GBPJPY | 15M | SELL LIMIT ORDER Don't forget to press like if you want to receive updates of this analysis. 🚀
SIGNAL ALERT
SELL LIMIT ORDER - GBPJPY ( OANDA:GBPJPY ) | 193,450 OR 192,146
🟢TP1: 192,000
🟢TP2: 191,840
🟢TP3: 190,753
🔴SL: 193,559
RISK REWARD - 1,51
Thanks to everyone who supports my analysis with likes.🫡
GOLD → The northbound train is ready to move onFX:XAUUSD is back in trend after a news (inflation) shakeout. The northbound train can continue its journey from station 2908. Initial Jobless Claims and PPI ahead
Prices are supported by uncertainty around Trump's tariffs and US economic data. The Fed remains hawkish due to rising inflation, which raised bond yields and briefly drove the gold price down to $2,865. However, buyers quickly returned, driving the price back up again. The market is waiting for PPI data that could influence Fed policy, but the decline in gold prices is likely to be limited due to trade risks
The price is consolidating in the buying zone relative to the important 2900 - 2908 point. If bulls hold their defenses above 2908, gold could update ATH in the medium term
Resistance levels: 2920, 2929, 2942
Support levels: 2908, 2902
Emphasis on key levels. Gold may test 2908 support before rising further. Also the emphasis is on 2918 - 2920. A price consolidation above this zone will also support the price
Regards R. Linda!
POPCATUSDT → False breakout of bearish trend resistanceBINANCE:POPCATUSDT.P is testing trend resistance on the 4H timeframe. A sharp approach and a false breakdown of the upper boundary of the channel may provoke a correction or continuation of the decline
The global trend is downtrend, the locational trend also coincides with the global trend. Bitcoin cannot become a bullish driver for altcoins yet. Yesterday's economic news also had a negative impact on the market. In addition, the cryptocurrency community was betting big on Trump, but he has put cryptocurrencies on the back burner.
Technically, POPCAT is testing the channel resistance with a false breakout within the downtrend. Consolidation of the price below 0.322 could trigger further selling.
Resistance levels: 0.322, correction resistance
Support levels: 0.2386, 0.1596
I do not exclude the possibility of retesting the resistance of the correction channel, but due to bearish pressure and weak market the decline may continue.
Regards R. Linda!
Is BTC approaching its upcoming price increases?Hello everyone, let's look at the 1D BTC to USDT chart, in this situation we can see how the price is moving in the local uptrend channel, as you can see we are holding at the lower border of the channel which may indicate that we are close to the return of the price growth.
What's more, on the RSI indicator we can see how we are moving below the lower border which may also indicate the upcoming growth.
Let's start by defining the targets for the near future that the price has to face:
T1 = 98944 USD
T2 = 101432 USD
Т3 = 103769 USD
Т4 = 107237 USD
Now let's move on to the stop-loss in case the market continues to fall:
SL1 = 94233 USD
SL2 = 90048 USD
SL3 = 84997 USD
GOLD → News ahead. Price is testing the risk zone 2881FX:XAUUSD within the correction is testing the key risk zone from which either a continuation of the trend or a deeper correction will take place.
In the center of attention is the US CPI data, which may give a new impetus to prices.
Markets remain in uncertainty over Trump's possible tariffs and Fed policy. According to WSJ, the president's administration is preparing new tariffs and this is another dose of risks for the global economy.
Powell said that the Fed is in no hurry to change course, which raised expectations of a single rate cut in July and strengthened bond yields. Gold's further movement depends on inflation data and Trump's tariffs. If CPI exceeds forecasts, the dollar will strengthen and gold will fall in price. Weak data, on the contrary, may support the metal's growth.
Resistance levels: 2898, 2910, 2929
Support levels: 2881, 2870, 2855
A false break of the support at 2881 would mean that the market is still bullish and quite aggressive. If the bulls keep the price above 2881 - 2885, then in the short and medium term we should expect a rise to 2930 - 2950.
If gold breaks 2881 and sticks below this zone, then liquidation may take place in the market and the price may decline to 2855, 2848.
The situation is stalemate, as there is news ahead and that is why we should consider 2 scenarios.
Regards R. Linda!
EURUSD → Pending a breakout of resistanceFX:EURUSD is trying to take a chance amid the dollar correction. The price is forming a retest of consolidation resistance for a breakout and further growth
After an attempt to break the downtrend resistance, the price moves into consolidation and forms a range of 1.053 - 1.021. Inside this set-up a local channel (consolidation) is formed and the price tests the resistance at 1.038. The market is still trying to confirm the change of trend and get stronger on the background of the dollar correction.
The fundamental background is complicated due to the tariff war and economic crisis....
Resistance levels: 1.038, 1.053
Support levels: 1.033, 1.021
A breakthrough of the resistance at 1.038 and price consolidation above this area may trigger further growth within the distribution of the accumulated potential
Regards R. Linda!
USDCAD → Consolidation before downward distributionFX:USDCAD is stuck in a range (consolidation) between 1.4486 and 1.428. The dollar has been showing negative momentum lately, but with NFP ahead, the data could both reinforce the correction and support the index...
All eyes are on today's economic news. If the actual NFP is below the forecast (169K), it will strengthen the expectations of the Fed rate cut.
At 15:00 the Fed's monetary policy report will be released, which may clarify the further course of the regulator.
If the NFP comes out weak, the dollar may sag and USDCAD may decline.
If the data is stronger than expected, the USD will strengthen, which will lift the USDCAD.
If the Fed hints at a rate cut, it may weaken the USD, supporting the CAD
Resistance levels: 1.4345, 1.4369
Support levels: 1.428
News is uncertainty, as it is impossible to determine the outcome of this situation in advance.
Technically, the currency pair looks weak due to the falling dollar. A break of the support at 1.428 may trigger further decline.
Regards R. Linda!
USDJPY → False break of support gives bulls a chanceFX:USDJPY bumps into support and forms a false breakdown of the lower boundary of the local trend. The dollar is strengthening at this time, which may give a chance for growth of the currency pair.
The price stops in the zone of strong support, the fundamental background has been unstable lately and depends more on the USA. Everyone has long forgotten about the growth of interest rates in Japan and follows the economic data from the West.
Technically, there are two triggers on the chart, one to buy and one to sell, but since the global and local trend is upward, the preference is to buy. If the currency pair is able to consolidate above 151.9 - 151.95, then in the short and medium term we should expect growth to the targets indicated on the chart.
Resistance levels: 151.94, 153.7, 153.97
Support levels: 150.95, 149.52
But, if the dollar continues the correction and the bulls fail to realize the false support breakdown, the price return to 150.95 may provoke the support breakout and fall to 148.64.
Regards R. Linda!
GOLD → Is $3000 still relevant? News aheadFX:XAUUSD has almost touched 2450 and without reaching the psychological target is smoothly flowing into correction with the purpose of respite and filling liquidity before the news and possible growth.
Gold is testing 2450 after Trump's new tariffs, keeping demand high. Investors are waiting for Powell's speech and U.S. inflation data, which may influence rate cut expectations and further dynamics of gold. Gold remains volatile on one side and bullish on the other side due to trade risks and Fed policy.
Technically, a correction is a logical scenario on the back of a strong market. The price cannot rise all the time, it needs energy, which is accumulated at the expense of sellers.
At the moment the emphasis is on such zones as: 2910, 0.5 fibo and 0.7 fibo.
Resistance levels: 2910, 2929
Support levels: 2898, 2882, 2870
Powell speaks tonight and tomorrow is the inflation data. High volatility is possible, but the general economic situation supports the metal.
Before further growth the price may test 2898, 2882. The target in the form of 2950 - 3000 remains relevant.
Regards R. Linda!
SOL → The coin may get a chance for growthBINANCE:SOLUSDT is testing trend support and at the same time bulls are trying to hold their defenses above the intermediate bottom and enter the buy zone.
SOL both fundamentally and technically has good potential. Bitcoin is consolidating at this time and it can give strong coins a chance.
Technically, solana tested the trend support with a touch and is trying to consolidate. I don't exclude the possibility of a false breakdown of the trend support before further growth, but at the moment the focus is on the resistance 200 - 203. If the bulls hold the defense above this area, the coin could strengthen to 245 - 270 - 290 in the medium term.
Resistance levels: 203, 200
Support levels: 188, trend
Emphasis on the local boundaries of the range. The market is struggling for the zone 200-205, bitcoin at this time is forming a local bullish momentum, which can also become a driver for the cryptocurrency market.
Regards R. Linda!
Todays Best Performer - DellNYSE:DELL
Scanning through the market today I found some good looking price action in the tech sector. Dell Computers along SMCI ,TSLA, and PLTR where also some big movers today. I look for what price action is the most clean for entry and exit points. Yes, other stocks may have returned more than Dell Computers today. However according to this chart, some great opportunities presented themselves.
NVDA, AMD, and others began to stall out coming into lunch. Out of my surprise DELL had some decent areas of high volume leading into the lunch hour. On the initial pullback after 10AM price setup beautifully at the 0.382 Fibonacci level. At Approximately 11:30 Dell gave you a confirmed breakout move back above the KMA and RSI.
Price Quickly closed above the 0.618 measurement of the most recent pull back indicating strong momentum to upside.
Price Topped out at the 3.00 Fib level from the initial morning pullback, closing the day just near by. A beautiful opportunity to add to a winning position also occurred after a secondary pullback, holding the moving average. Its all in the Fibs. Let the market show you what it wants to do!
Key Points
Use the Fibonacci levels on the Retrace
Scan Heat-maps for Volatility changes
Price will show you good opportunities to trade
Only trade whats best and fits your strategy
Paper trade your ideas, practice finding setups, than perfect them!
Will Dot break the barrier of the inheritance channel?Hello everyone, let's look at the 1D Dot chart to USDT, in this situation we can see how the price moves in a local strong tendu inheritance channel.
However, let's start by defining goals for the near future the price must face:
T1 = = $ 5.31
T2 = = $ 6.14
Т3 = 6.70 $.
T4 = $ 7.63
Let's go to Stop-Loss now in case of further declines on the market:
SL1 = $ 4.47
However, we still have a very strong support zone that has repeatedly maintained the price from a further correction zone from $ 3.95 to $ 3.56.
UNI is at a bottom!BINANCE:UNIUSDT
UNI is at a bottom right now! if we use Fibonacci retracement on the chart, we can understand that the price is at a great support. and we shall wait for it to ascend to the 61.80 line.
once a support,now becomes a resistance. the 61.80 was a support a few days back but now It's a Resistance.if the price breaks the line,It can become a support once again!
⚠️ Disclaimer:
This is not financial advice. Always manage your risks and trade responsibly.
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