ETH Analysis: Deeper Pullback in PlayETH is still trading within a broader uptrend channel, but recently, the price has started to pull back after a significant rally. After pushing up too far, the market is now taking a breather and recalibrating.
From a technical standpoint, this pullback is completely normal and healthy after such a strong move. Pullbacks like this are part of any bullish trend, providing the market a chance to reset. If the pullback continues, the next target could be the 3,600 support area, where multiple key factors converge: horizontal support, trendline support, and the 0.618 Fibonacci retracement level.
The 3,600 level is crucial. If ETH holds strong here and shows signs of a reversal, it could be a solid entry point for the next leg up. However, if the price breaks below this level, we may see deeper downside, and the current bullish structure could start to break down.
As always, confirm your setups before entering and make sure your risk management is solid. Stay alert for the next opportunities!
Long-short
SOLUSDT Strong Rejection at Key Support – 230.00 Incoming!Hey everyone, Ken here!
SOLUSDT has been quite interesting lately. After a sharp decline from the channel’s top, the price broke through the support zone, often referred to as the neckline, and reached a key support area below. Here, we saw a strong rejection wick, which clearly indicates that buyers have stepped in and are ready to take control of the market.
With this setup, I predict that the 230.00 level will be a reasonable target in the short term. The strong rejection at this support zone suggests a high potential for a reversal.
Feel free to leave a comment if you agree with this prediction, or if you have a different perspective. Let’s discuss and share our ideas!
BTCUSD - Nothing broken - so farUp where the 0 (zero) is, at the white Centerline, BTC was trying to re-test it, when it came from the white 1/4 line. So a larger Hagopian kicked in, projecting price to go further down than from where it originally came.
Price did what was projected by the Hagopian and cracked the low of 111'920.
Then from Point 1, Bitcoin made it up to the red U-MLH.
It was just natural resistance up there.
Now we see a pullback to the south, which I had not expected last week.
Even if we stop in the buyers zone, chances that BTC is trading down to the Centerline are around 80%.
And down there we will find out if the white L-MLH will hold or not.
If not, then we are in a 0 to 5 count to the south and we will see much lower prices.
But as long as price can stay within the white Fork, we are still projecting it's most probable path to the upside in the long term timeframe.
Happy new week and stay tuned for the news §8-)
BTCUSD Short Setup After Trendline BreakBTCUSD just made a decisive break below the main trendline, a clear signal that bearish momentum is building. Sellers have stepped up, and the tone of the market has shifted — control is now in their hands.
In the short term, I’m watching for a retest of the broken level. What used to be support may now act as resistance. If buyers can’t push price back above that zone, it confirms weakness and opens the door for continuation lower, with 112,000 as the next key target.
Traders should keep an eye on bearish signals like rejection wicks, bearish engulfing candles, or strong sell volume. A clean reclaim above resistance would invalidate the bearish bias, but until then, sellers remain in control. Let’s see how this unfolds.
Bitcoin Has Potential to Continue – Don’t Miss Out!Hello everyone, Ken here!
Let’s dive deeper into the current price action of Bitcoin.
As you can see, price is moving within a clear upward channel, signaling strong bullish momentum. After a sharp rise, the price has slightly pulled back to retest the broken resistance. This is a classic break and retest setup within a larger channel, a popular trading pattern I often use.
The key point here is that if this level holds as support, buyer confidence will be further solidified. And we’re already seeing that happen!
With this momentum, I believe 118,850 USDT is the next target, where the price could reverse depending on market reactions at that point.
Wishing you successful trades and a disciplined strategy!
HBARUSDT: Ready for the Next Bull Run to 0.27430!The HBARUSDT market is looking incredibly bullish! We've just seen a strong shift from a downtrend to an uptrend, creating a perfect opportunity to go long.
The price has broken through a key resistance level, then pulled back to retest it – a textbook breakout & retest setup. This highlights the strength of the bullish momentum.
Now, with the price rejecting that level and turning it into new support, this is a strong long signal with the next target in sight!
My target is 0.27430. Let’s get ready for the next move!
BTC End of Q3 Setup Now that FOMC is over and the FED finally cut interest rates by 25bps, what does this mean for BTC in the short term future and beyond?
It has been known for a while that the September FOMC would bring a cut to interest rates and that is what we got, generally this was priced into the market and despite some low time frame volatility not much has changed in terms of % move in the last day.
However, the macro does look bullish from here. Flipping $117,500 opens up the possibility of a range high test. For me this is the direction I'm leaning towards given the macro and how seasonality suggests a stronger end to the year especially after a rate cut.
Should BTC fail to break above the grey box BTC stays within the same constraints it's had for the last month.
Gold - Everything is Possible, as Always🚀 FX_IDC:XAUUSD Gold's Wild Ride: What's Brewing After the $3674 High? 🤯
Hey Goldbugs! 🤩 Our shiny friend, XAUUSD, has been on an absolute tear lately. Market makers did their magic, nudging Gold to a comfy spot around $3640, just shy of its ALL-TIME HIGH of $3674! 🚀 But now... crickets. What's next for our "always up" precious metal? Let's decode this mystery in a flash! 👇
The Lowdown: Why Gold's Taking a Breather 😴
1. The "Less Bad" News Effect:
Recent U.S. data has been... well, "less bad". Inflation/deflation drama is cooling off, and markets are starting to think things aren't as grim as they were. This makes some traders less keen on Gold, but don't forget the big players (institutions!) still need their fix. So, a tug-of-war begins! ⚔️
2. Overheated Engine Syndrome! 🌡️
Gold's run from $3321 to $3674 was a whopping +10.5% ($353!) at an almost 45-degree angle! That's impressive, but even the best engines need to cool down. Our daily RSI values have been chilling above 75% – that's "overheated" territory! 🔥 A correction is basically Gold taking a well-deserved nap.
The "C" Word: What Correction Looks Like 📉
Forget complicated math! A correction is usually a 10-20% price dip. Given Gold's recent sprint, we could be looking at a 20-30% pullback from that $353 gain, meaning a possible $70-$105 drop. 📉
Target Zones?
Many eyes are on $3580. But hey, Gold likes surprises! It could go lower, perhaps even test $3550 or more!
Your Trader's Toolkit:
Don't Get Caught Napping! 🛠️
Want to predict Gold's next move? Here's your cheat sheet:
Candlestick Clues: Watch for Shooting Stars 🌠, Hanging Men 🕯️, Spinning Tops, and Dojis. These are like little whispers telling you the trend might be tired.
EMA Lines: These are your trend compasses!
Fibonacci, Baby! 💫 Seriously, if you haven't, dive into Fibonacci Channels and Circles. They're like a crystal ball for price moves!
Economic Calendar: 🗓️ CPI, PPI, NFP, and U.S. Inflation Data are Gold's daily bread and butter. Know them!
🧠 ICT Insights: What the Pros Are Seeing 📊
Market Structure Shift (MSS): After hitting $3674, Gold's current wiggles (Lower Highs & Lower Lows) within this consolidation hint at a short-term shift in order flow. It's not a full reversal, but a pause for thought. If you look closely, you can see a Bull Flag Pole exists and the Flag is forming, currently a triangle, a good sign before the liquidity needs to get taken out from the bottom.
Liquidity Magnets:
Buy-Side Liquidity (BSL): Loads of orders (and stop losses!) waiting above $3674. That's a juicy target if Gold decides to moon again!
Sell-Side Liquidity (SSL): Plenty below the recent low around $3590-$3600. A dip here could be a "stop hunt" before bouncing.
Fair Value Gaps (FVG) & Order Blocks (OB): Those rapid green candles left "gaps" and "blocks" during the ascent. Gold loves to retrace and "fill" these gaps or retest these blocks ($3590-$3600 is a key OB zone!) before its next big move.
The Verdict? Gold's Not Done Yet! ✨
Is Gold heading for $3700+? YES! But probably not right now. A little cooldown, a bit of retracement to those key support levels and ICT zones, seems inevitable.
So, what to do? Be patient, be responsible with your capital, and keep your eyes peeled for those technical clues. Gold's next big move could be around the corner!
Next Week's Radar (ignoring the news for a sec):
Bullish Target: $3800 🚀
Bearish Target: $3550 🐻
Significant large orders are on
Sell Stop: 3611
Sell Limit_ 3657, 3659
Buy Limit: 3600, 3580, 3500
Buy Stop: 4497
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This is just my personal market idea and not financial advice! 📢 Trading gold and other financial instruments carries risks – only invest what you can afford to lose. Always do your own analysis, use solid risk management, and trade responsibly.
Good luck and safe trading! 🚀📊
DOGUSDT: Potential Reversal at Key Level in Rising ChannelHey everyone, Ken here!
Right now, I'm closely watching DOGUSDT and it seems like it might be going through a correction phase as the price tests the lower boundary of the rising channel. This is a key level, and if the price bounces from here, I believe it could continue towards the next target around 0.3200.
However, if the price breaks below this support, the bullish outlook would weaken, and we could see further declines. That’s why I always pay close attention to price action and trading volume to identify solid buying opportunities.
Risk management is essential in trading, so I always make sure to carefully confirm setups and trade with caution. What do you think about the current situation? Feel free to share your thoughts in the comments!
EURUSD - 15-Minute Opportunity – Risk/Reward 2.22Guys, greetings
I’ve prepared an EURUSD analysis for you.
On my 15-minute chart:
🟢 Buy entry level: 1.17152
🔴 Stop level: 1.17002
🎯 TP1: 1.17206
🎯 TP2: 1.17287
🎯 TP3: 1.17480
Risk/reward ratio for this trade: 2.22
Guys, every single like you give is my biggest motivation to keep sharing these analyses.
Thank you to all my friends who support me with their likes and stand by my side.
SOL Parabolic Run Despite the recent chop, when you zoom out to the 1D timeframe there is a clear pattern being followed since the April crash.
From the sub $100 low Solana has posted progressively higher lows in a parabolic fashion. The highs on the other hand are in more of a linear fashion as shown by the diagonal S/R level, at first it provided support and now since March it has been resistance.
So for me there are two possible actionable trades:
- Continuation of the parabolic move, this would include flipping the Diagonal S/R level, currently at time of writing this resistance level is being tested, a close above gives a better possibility of the rally continuing.
- The rally becomes exhausted and fails to flip the Diagonal S/R and loses the parabolic support level. Should this support break $185 is the first target (light green zone), $160 as the second target (dark green zone).
Important to remember we have CPI & FOMC rapidly approaching that could provide the volatility to trigger either of these moves, lets see what happens next.
Tesla Breakout? For the majority of the calendar year TESLA has been in a range between $220 - $365 with a clear midpoint of $295.
From March to the beginning of May TESLA bounced between range low and the midpoint until finally breaking through into the upper half of the range where it has stayed ever since. However, there is a clear diagonal resistance level that is preventing higher highs.
So will TESLA breakout, or will it lose the midpoint? Structurally it is clear that the bulls have a set level they are happy to buy at (Midpoint) but the bears are getting more aggressive with their selling, hence the lower highs. This compression inevitably leads to an impulse move but the direction is not so clear.
Bullish scenario: A clean breakout with volume that makes a new higher high, signaling a shift in structure. A pullback and retest of the breakout would be an ideal opportunity to go long and aim for that range high before expecting resistance.
Bearish scenario: The lower highs keep printing until the midpoint is lost and price accepts below it, that would then signify to me the new trading range is between Range Low and Midpoint.
The fakeout scenario is a risk but with price so close to the midpoint already it follows the same invalidation criteria as the bullish scenario, the midpoint is vital to both sides.
XAUUSD BreakoutAfter a strong rally up since the beginning of the year, Spot Gold struggled to breakthrough $3,425 for the last 129 days. However, since the beginning of the week Gold broke through that level surging +4.3%.
Seeing Gold continue to rally alongside the stock market, both of which at all time highs despite typically having an inverse relationship.
With M2 money supply ever growing, rate cuts continuing and acceptance of higher levels of inflation there is plenty of fuel to keep this move going no matter how unnatural it feels. Gold typically thrives in risk-off environments but this year has seen huge progress.
Now Gold has entered price discovery it's about riding the wave of momentum caused by the breakout. Should Gold turn around and get back below $3,425 there is potential for worry, a SFP confirmation is bearish. A retest of $3,425 as support with bullish continuation is a more comfortable hold.
XRP 4H Breakout?XRP has been forming a triangle pattern with a flat low and lower highs compressing into a point.
Generally this suggests that the bulls are willing to buy at a strong level but with declining strength, the bears on the other hand are repeatedly pushing price back down from lower points each time which leaves two possible scenarios that are actionable:
Bullish - A breakout above the downtrend line with significant volume, I think BTC will have a large part to play in this. Following the breakout a flip in structure with new highs and new lows would give the signal XRP is ready to go higher.
Bearish - This chart pattern generally does lead to continuation of selling off, the trigger would be a loss of the green box/equal lows. Should price break below a lot of the previous rally would look to be infilled, target price would be $2.35
Two good triggers and plans for each, anything in between is not actionable to me as I have no strategy that I am confident could produce a profitable outcome in the mean time, I'll be patient instead.
Ethereum 4H Range As we approach nearly a month in the range from $4000-4800 it looks like ETH is making a move once again.
Previously once hitting $4800 price gradually sold off back towards range low creating a bearish trendline, once the price broken above that level a rapid move up to range high within two candles.
Now looking at the chart we have a similar setup, strong breakout from the bearish trendline up into midpoint. Bitcoin currently retesting a key level of $112,000, should BTC flip this level I could see alts getting the greenlight to move up and Ethereum up to the highs.
Should BTC reject from $112,000 it makes sense that ETH range midpoint would be strong resistance, rejection could lead to a range low retest. Anything else that isn't either range high, range low or midpoint is noise and for me no action required, no need to over complicate it.
01/09/25 Weekly OutlookLast weeks high: $113,692.97
Last weeks low: $107,357.75
Midpoint: $110,525.36
Despite continuing the short term bearish trend, BTC saw a net inflow of $441m via ETFs last week and $1.08B for Ethereum ETFs. Continuing high demand has capped this drawdown for now at weekly low (~$107,500) with three separate drives into the level and a bounce each time there is a clear line in the sand to monitor this week, for now it is advantage bulls.
In terms of data releases there isn't much big news on the way apart from Unemployment data later in the week. I don't expect this data to influence the decision to cut interest rates later this month, as it stands a cut is going to happen. We've just started a new month and so as always bigger players who de-risked for month end can begin deploying capital once again during a period that will be pricing in a rate cut. These factors look good for the bulls after a 14% drawdown from ATHs, could the local low be in?
For me I'm still mindful of the previous poor performances each year around September, the difference being this time a rate cut is on the way which changes the dynamics slightly. IF Bitcoin were to retest the $100k mark the R:R on a long there would be huge, a -20% move down, quite normal in bull market situations.
IF the 0.25 line (~$109,000) hold/reclaim a LTF change in structure would be bullish with an invalidation below weekly low. The target from there would be weekly high for the bulls.
25/08/25 Weekly OutlookLast weeks high: $117,955
Last weeks low: $110,678.07
Midpoint: $114,316.53
This weekly outlook is a day late due to a public holiday but what happened last week is clear. A sell-off from Monday all the way until Sunday and as suggested in the last weeks outlook the $108,000-$111,000 level did provide the support BTC bulls were looking for, after a 6.2% drop from high to low despite a Friday rally thanks to the FED chairs speech.
Looking at the chart it is in my opinion not ideal for the bulls, my reasoning for this:
August/September seasonality coming into play. Historically a poor return in this period of the year.
Heavy sell-off despite good macro news implies exhaustion on the buy side.
Monthly close towards the end of this week, window dressing/de-risking takes place and increases the sell-side pressure.
Daily bearish structure confirmed with new lower high and lower low set.
So what does this mean for this week? Locating an area on the chart I'd like to see BTC strength from,. For me that would be 1D 200 EMA level at ~$103,000. Since September 2023 BTC has used the 1D 200 EMA as a springboard for each of its rallies and so for this bullrun to continue price must continue to respond positively off the level. The RSI would have likely reached oversold adding confluence to potential Long entries.
In a bullish scenario we could see the weekly low get reclaimed, this has routinely happened in the past and often leads to a test of the midpoint, this would be a good short term play but my gut says the overall higher timeframe (next month) is continued sell-off.
BTC Long (short term high risk)Hi,
I just entered a BTC long, expecting a further upwards move after the indication and pullback.
Hopefully it will short term go to around 119k, but can be a further continuation of the bull trend longterm. But thinking short term in this one, I set a stop loss just below this weekend's pullback low.
Lucky trading!
David.
SOL - Breakout or Rangebound?For me this chart is quite simple with two options, a bullish and bearish scenario. SOL is currently rangebound but the massive momentum in the broader market has opened the door to a potential breakout of this trading environment.
To look at the context of the chart we has a clear push from the midpoint up to range high, very little in the way of pullbacks until price breaks up above the old local high. We know that generally stop losses hide behind a key high or low and so price trading into it with such momentum is something to note when entering a trade at this level.
Liquidations for SOL are currently 50:50 long and short and so this balance shows no clear liquidation event in one particular way, at least not yet.
Bullish scenario -
SOL continues the rally above the range, strong volume to confirm that price is ready to expand beyond the area that failed in the past. A retest of $206 with a strong bounce gives this move a higher probability and proof buyers are still willing to buy at the level. Idea is invalid should price accept back below the range high, signifying buyers are not ready to sustain rally continuation.
Bearish scenario -
Price accepts below range high and shows that buyers are not willing to expend beyond the range. Naturally a retreat would then follow as the bears defend the same point that they successfully defended in the past (range high). Any price action that resembles chop within the red box would be a non action area as there is an area of balance giving no clear clue of direction either way.
TOTAL2 - Breakout or Rangebound?The altcoin market as a whole has reached a critical point in the cycle. With all time highs in sight the question of what happens next is an important one.
Bullish scenario -
Accumulation under the Range high and a strong break above with volume, that would put TOTAL2 into price discovery and from there just riding the wave until there is a reason not too. Invalidation on the loss of range high.
Bearish scenario -
Clear rejection off the Range high and a break in bullish structure e.g a lower high and lower low on the 4H/1D time frame. This does not include bullish accumulation under the high as that shows coiling for a breakout instead of a loss of momentum.
Paying close attention to the context of the trading environment is key to the execution of the trade as well. Anecdotally the crypto sphere is euphoric with many calling for astronomical gains, posting their trade gain screenshots etc, google searches for coins like Ethereum have sky rocketed. These are all warning signs for me that at least as of now we are due a correction going off of previous cycles. I am by no means bearish on the larger time frame but coming into range high resistance with the market environment the way that it is this needs to be considered in trade execution.
From FOMO to Game Over: The Witch’s Market ProphecyPolitics and market forces are cooking the soup too hot, and greed is on the menu. Investors, funds, and retail traders are ignoring the signs — and just like in the Wild West, only the weapons have changed: stocks, futures, and options. Today, we’ll peek over the witch’s shoulder to see what she sees in the chart’s shadows.
The Setup
This chart shows the market reaching the U-MLH (Upper Median Line Parallel) for the third time. Even this week, the greedy market is nibbling at that level, trying to chew its way higher. The question: does it break through — or break down?
Scenarios
(0) → Price touches the U-MLH for the third time.
Historically, repeated touches can lead to either an explosive breakout or a sharp reversal.
(2) → A momentum kick, driven by FOMO, could push price up to the Warning 1/4 line.
This would be the bulls’ dream run.
(3) → The market reaches the next pitchfork line/deviation — because that’s what markets do.
After that? Only the market gods know.
(4) → Price fails to reach WL1 (Warning Line 1), triggering a Hagopian.
This typically signals a failed breakout and a likely pullback.
Key question: Will U-MLH hold as support?
If not, expect a quick test/retest from below… then it’s Game Over.
(5) → In 80% of cases, the centerline gets tagged as Profit Target 1.
That could be the “logical” next stop.
(6) → L-MLH (Lower Median Line Parallel) — the panic zone.
This is when fear takes over, selling accelerates, and the market feels like the fan just got hit.
Final Word
Whatever happens next, the witch doesn’t care — she’ll be riding her broom into the moonrise, leaving the rest of us to trade the chaos.
#SPX500 #NASDAQ100 #TechnicalAnalysis #Pitchfork #Futures #Options #MarketOutlook #SwingTrading #FOMO
Latest BTCUSDT Update TodayBitcoin surged to an incredible $122,056 by the close of trading on August 11, once again challenging the key resistance level of the world’s leading cryptocurrency. But this isn’t just any number—this is the Fibonacci 1.618% extension, known as the "golden ratio" in technical analysis.
The golden ratio originates from two major market bottoms: the 2018 bear market low and the 2022 bear market low. For those who have tracked Bitcoin through various cycles, these timeframes mark the darkest periods in the history of the cryptocurrency market.
In my view, Bitcoin surpassing new highs is just a matter of time after a month of accumulation. I’ve witnessed strong ETF inflows, more companies buying Bitcoin, and positive remarks from the White House.
While Bitcoin struggles with resistance, Ethereum is on a completely different trajectory. According to TradingView data, ETH has tripled from $1,435 in April to its current price of $4,315.
Bitcoin’s volatility is still near all-time lows, while Ethereum has seen a significant increase. Just a month ago, the market predicted a 5% chance for Ethereum to reach $4,500 in August, but now everything has changed.
Many traders are betting on ETH revisiting its all-time high.
The simultaneous price surge of Bitcoin and Ethereum has pushed the total cryptocurrency market cap to a new record high of $4.14 trillion. This number reflects the strong recovery of the entire blockchain industry after a challenging phase.
With the strong rally this weekend, we expect Bitcoin and Ethereum prices to continue rising, unless there are any tariff shocks.
Will Bitcoin break through and challenge its all-time high? Stay tuned!