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United Health - Losing $60bln in one day!📢United Health ( NYSE:UNH ) still overall remains bullish: 🔎Analysis summary: Just within a couple of hours, United Health wiped out $60bln. And despite this massive -20% drop, United Health is approaching a major confluence of support. After we see bullish confirmation, a rejection higher is very likely to follow in the future. 📝Levels to watch: $250 SwingTraderPhil SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION
NYSE:UNHLong
by SwingTraderPhil
18
BTCUSDT: Recovery From Support Within a Uptrend Toward $92,300Hello everyone, here is my breakdown of the current BTCUSDT setup. Market Analysis BTCUSDT is trading within a broader bullish market structure, previously supported by a well-defined upward channel. Inside this channel, price consistently printed higher highs and higher lows, confirming strong buyer dominance. During the advance, BTC reached the upper boundary of the channel, where a fake breakout occurred. This failure to hold above the channel top signaled temporary exhaustion and triggered a sharp corrective move to the downside. Following the rejection, price broke below the mid-channel structure and dropped aggressively into a clearly defined Support Zone around 88,500–89,000. This zone acted as a key reaction area, where selling pressure weakened and buyers began to absorb liquidity. The initial breakdown below support resulted in a fake breakout to the downside, after which BTC quickly reclaimed the level, indicating seller trap behavior. Currently, after the fake breakdown, price entered a consolidation range, showing balance and compression rather than continuation selling. This range reflects a corrective phase after the impulsive drop, not a trend reversal. Recently, BTC broke out of this range to the upside and is now respecting a rising triangle support line, which suggests growing buyer strength and improving short-term structure. My Scenario & Strategy My primary scenario is bullish continuation as long as BTCUSDT holds above the 88,500–89,000 Support Zone and respects the ascending triangle support line. The recent breakout from the consolidation range strengthens the probability of a corrective recovery turning into a continuation move. I expect buyers to push price higher toward the 92,300 Resistance Zone (TP1), which represents previous resistance and a key reaction level. A clean breakout and acceptance above this resistance would confirm bullish continuation and open the door for a move back toward the upper boundary of the larger bullish structure. However, if price fails to hold above support and shows strong bearish acceptance below the 88,500 zone, this long scenario would be invalidated and increase the probability of deeper downside continuation. For now, structure favors buyers, and the current move appears to be a healthy recovery after a corrective shakeout. That’s the setup I’m tracking. Thank you for your attention, and always manage your risk.
Long
by Ratner
5
Gold Outlook (GC / COMEX, 1D)Gold just broke above a multi-month resistance line and followed through hard into the 5,300 area. The move is steep, but it’s coming after a long grind up and repeated higher lows, not a single one-off spike. What I’m watching Price is extended and momentum is elevated on the daily. That usually leads to one of two things: a sideways base to cool off, or a pullback into the breakout area. Key levels 5,300 is the current high and obvious overhead reference. 5,000 is the first big psychological level below. 4,700 to 4,650 is the breakout zone from the prior resistance line. If this is a real trend continuation, this area is where buyers should show up on a pullback. 4,400 is the last major swing area below that. Losing that would change the structure. Scenarios 1) Continuation (most likely while trend holds) A brief consolidation under/around 5,300, then another push higher. This is typical after a clean breakout when dips stay shallow. 2) Pullback and retest (healthy) A retrace back toward 5,000 and potentially into 4,700–4,650. If price holds there and bounces, that’s still a long trend, just with better entries. 3) Failed breakout (low probability but important) Acceptance back below the breakout zone (4,650 area) and continued weakness. That’s the first sign this was exhaustion rather than trend continuation. Invalidation for the long bias Long bias stays intact as long as price holds above the breakout zone (roughly 4,650–4,700). A clean break and acceptance below it is where I stop treating this as a trending market. This lines up with the “institutional hedge” angle too. The chart looks like steady accumulation that turned into an upside expansion, not a retail chase.
COMEX:GC1!Long
by tomas_jntx
5
XAUUSD – Brian | M45 Technical Outlook — Buyers Still in Control Above 5,200 Gold continues to trade firmly above the 5,000 milestone, with price action confirming strong bullish acceptance at higher levels. On the M45 timeframe, the market remains in an expansion phase, supported by aggressive buying volume and well-defended value areas. Current conditions suggest that buyers are still in control, with pullbacks being absorbed rather than sold into. This behavior typically characterises a strong trending environment rather than a distribution phase. Macro Context (Brief Overview) From a fundamental perspective, institutional positioning remains stable, with no signs of defensive de-risking despite gold trading at record highs. At the same time, the market remains sensitive to upcoming macro events, which may introduce short-term volatility but have not altered the broader bullish bias so far. As long as uncertainty persists and risk appetite fluctuates, gold continues to benefit from its role as a strategic hedge. Market Structure & Volume Context (M45) The current structure on M45 remains constructive: Price is holding above the rising trendline. Buying volume remains elevated, indicating strong demand and reduced willingness to sell. Pullbacks continue to develop in a corrective manner rather than impulsive declines. In strong trends, high volume combined with shallow retracements often signals continuation rather than exhaustion. Key Technical Zones to Watch Based on the chart structure and volume profile, several zones stand out: Upside Reaction Zone 5,385: A major resistance and extension area where price may pause, consolidate, or react before deciding the next directional leg. Primary Value Support POC + VAH: 5,243 – 5,347 This is the most critical zone for continuation. Acceptance and holding within this range would reinforce the bullish structure. Secondary Support VAL: 5,163 – 5,168 A deeper pullback into this zone would still be considered corrective as long as price stabilises and reclaims value. Deeper Structural Support POC: 5,086 – 5,091 This level represents broader value and would likely come into play only during heightened volatility. Forward Expectations & Bias Primary bias: Bullish continuation while price holds above value zones Pullbacks are currently viewed as opportunities for re-accumulation rather than trend reversal. Short-term volatility is expected, but structure remains the key reference point rather than individual candles. Strong trends rarely move in straight lines. The ability of gold to hold value during pauses continues to support the case for further upside. Refer to the accompanying chart for a detailed view of value areas, trend structure, and projected paths. Follow the TradingView channel to get early structure updates and join the discussion on key market levels.
OANDA:XAUUSDLong
by BrianLionCapital
6
EURUSDHello Traders! 👋 What are your thoughts on EURUSD? EUR/USD has successfully broken above the descending trendline as well as a key resistance zone, confirming a bullish breakout on the daily timeframe. At current levels, price is approaching a resistance area. Therefore, a short-term correction is likely, with a potential pullback toward the broken trendline and former resistance zone. As long as price holds above this reclaimed area, the pullback can be considered corrective, and bullish continuation toward higher targets remains the preferred scenario. Don’t forget to like and share your thoughts in the comments! ❤️
Long
by HAMED_AZ
32
Gold Pulls Back After Impulse – Trend Still IntactQuick Context Recent geopolitical uncertainty continues to support safe-haven flows. Gold has already delivered a strong bullish impulse, and the current move looks like a healthy correction, not a reversal. Technical Snapshot (H1–H4) Strong bullish impulse already completed Current price action = controlled retracement No bearish CHoCH, no structural breakdown Market is resetting momentum after expansion This is typical impulse → retrace → continuation behavior. Key Levels to Watch Buy Zone: 5,180 – 5,160 Invalidation: H1 close below 5,120 Upside continuation targets: 5,300 5,360 Extension toward 5,440+ If – Then Logic If price holds above 5,160 → expect continuation higher If price sweeps into 5,180–5,160 and reacts → buy-the-dip opportunity Only if H1 closes below 5,120 → bullish bias weakens Bottom Line Gold is not reversing — it is reloading. Pullbacks are part of trend strength. Wait for reaction, not confirmation at the highs.
OANDA:XAUUSDLong
by Jeremy_NPC
4
BTCUSD – 30M – Bullish Continuation From SupportBITSTAMP:BTCUSD After sweeping liquidity from the lower demand zone, BTC shifted momentum bullish and pushed toward the 90,700–91,000 resistance zone. Price is now retracing into prior support, suggesting a potential continuation if buyers defend the level. Key Scenarios ✅ Bullish Case 🚀 → Hold above 88,500 with bullish reaction 🎯 Target 1: 90,700 – 91,000 🎯 Target 2: 91,800 – 92,200 ❌ Bearish Case 📉 → Clean breakdown below 88,500 A loss of structure opens downside toward 86,300 demand, invalidating the bullish setup. Current Levels to Watch Resistance 🔴: 90,700 – 91,000 Support 🟢: 88,500 / 86,300 ⚠️ Disclaimer: This analysis is for educational purposes only. It is not financial advice. Please do your own research before trading.
BITSTAMP:BTCUSDLong
by Elise-Golden-Sparks
7
Bitcoin - Must see, bear flag target 42k in 2026!Bitcoin is forming a huge bearish flag on the daily/weekly chart! This is an extremely good pattern for all bears around, but for the bulls, it's indeed not that good because the classic profit target of this pattern is 42k (by classical technical analysis of a bear flag pattern). How to measure the profit target? I did it for you on the chart, but you take the flagpole, copy it, and move it to the breakout point of the flag. But of course we are not going to go down in a straight line! There is a minor support of 71k that can temporarily hold the price, so if you want to trade, really take profit after a few days. 42k is the main target of this bear flag, and I expect that bitcoin can reach this level at around September to October 2026. This should be the ultimate bottom for Bitcoin, so if you want to buy very cheap Bitcoin, this is pretty much your chance. But for now we are waiting for Bitcoin to hit this level. In order to understand why in September or October, please take a look at my previous important analysis: What about price action in the short term? Bitcoin can go up in the short term because there is some interesting price action on the 1h chart, but this is really not the point of this analysis. This is an analysis on the daily chart, and in this timeframe, I am of course bearish. But in the short term, Bitcoin can test levels of 91k - 93k before dropping down! Write a comment with your altcoin + hit the like button, and I will make an analysis for you in response. Trading is not hard if you have a good coach! I am very transparent with my trades. Thank you, and I wish you successful trades!
Short
by Xanrox
11
Elise | XAUUSD – 30M | Bullish ContinuationOANDA:XAUUSD After the impulsive upside move, XAUUSD entered a healthy consolidation phase. The pullback into demand was met with support, suggesting this move is corrective rather than distributive. As long as price holds above the demand zone, the bullish continuation scenario remains valid. Key Scenarios ✅ Bullish Case 🚀 → Hold above 4,995 🎯 Target 1: 5,135 🎯 Target 2: 5,220 ❌ Bearish Invalidation 📉 → Sustained breakdown below 4,995 would weaken bullish structure. Current Levels to Watch Resistance 🔴: 5,135 – 5,160 Support 🟢: 4,995 – 5,015 ⚠️ Disclaimer: This analysis is for educational and informational purposes only. It is not financial advice. Please conduct your own research before trading.
OANDA:XAUUSDLong
by Elise-Golden-Sparks
9
Gold at Key Resistance – Pullback or Breakout? • XAUUSD ApproachGold (XAUUSD) shows a strong short-term bullish structure after an impulsive move up, with price currently testing a marked resistance zone near 5,290–5,300. Price is trading above the moving averages, reflecting bullish momentum but also slightly extended conditions. A rejection from resistance could lead to a pullback toward the 5,235–5,215 support area as the first reaction zone. A deeper correction could reach the 5,110–5,100 area, which aligns with a prior consolidation zone. Holding above support keeps the short-term uptrend intact; a break below would suggest a broader corrective phase. Technical perspective based on price action and key levels, not financial advice.
TVC:GOLDShort
by FOREX_TECHNICAL_WORLD
8
USDJPY 30-Min — Volume Buy Reversal Triggered⚡Base : Hanzo Trading Alpha Algorithm The algorithm calculates volatility displacement vs liquidity recovery, identifying where probability meets imbalance. It trades only where precision, volume, and manipulation intersect —only logic. Technical Reasons / Direction — LONG / Reversal 153.920 Area ☄️Bullish momentum confirmed through strong candle body. ☄️Structure shifted with higher-low near key demand base. ☄️Volume expanding confirms order-flow alignment upward. ☄️Buyers reclaimed imbalance with sustained clean break. ☄️Algorithm detects rising momentum under low liquidity. ⚙️ Hanzo Alpha Trading Protocol The Alpha Candle defines the day’s real control zone — the first battle of momentum. From this origin, the Volume Window reveals where the next precision strike begins. ⚙️ Hanzo Volume Window / Map Window tracked from 10:30 — mapping true market behavior. POC alignment exposes institutional bias and breakout potential zones. ⚙️ Hanzo Delta Window / Pulse Delta window monitors real buying vs. selling power behind each move. Tracks volume aggression to expose who controls the candle — buyers or sellers. When Delta aligns with Volume Map, momentum becomes undeniable.
Long
by Path_Of_Hanzo
10
EURUSD Monthly Rejection ZoneQuick Summary After the strong rally on EURUSD price appears to have targeted the monthly FVG This aligns with equal highs located within that zone and This area may support a bearish reaction and continuation of the broader downtrend The expected move would aim to fill the liquidity void left over the past 10 days Full Analysis Following the significant upside move on EURUSD price action suggests that the market was targeting the monthly fair value gap This scenario is logical as the FVG aligns with equal highs which often acts as a strong liquidity zone The presence of equal highs within this higher timeframe imbalance increases the probability of a bearish reaction Such areas commonly attract price before initiating a move in the opposite direction If price begins to react from this zone the resulting move would form a clear orderflow structure This orderflow could serve as a strong base for continuation of the broader bearish trend The main downside objective in this scenario is the liquidity void that EURUSD has left behind over the past 10 consecutive days That imbalance represents a significant magnet for price and supports the idea of a deeper corrective or trend continuation move As long as price remains below the monthly reaction zone the bearish outlook remains valid The focus now is on monitoring price behavior for confirmation that the higher timeframe rejection is holding
Short
by Mr_Liquidity1
4
Gold Isn’t Weak — It’s Structuring for the Next ExpansionHello traders, Louna here. Gold started the week around $5,075, up approximately 1.76%. After an aggressive bullish expansion, price has naturally shifted into a slowdown and technical consolidation. This is not weakness — it is healthy trend behavior. Strong trends pause, they don’t collapse. From a macro standpoint, the backdrop remains supportive. Geopolitical tensions have not eased, and global policy uncertainty continues to favor safe-haven demand. Meanwhile, the US dollar lacks the momentum required to suppress gold meaningfully. As a result, capital rotation away from gold is limited — institutions still have reasons to stay positioned. On the technical side, structure remains exceptionally clean. Price is respecting an ascending channel, with each pullback remaining corrective rather than impulsive. The unfilled gap below stands out as a potential liquidity magnet, though no confirmation has appeared yet. This keeps the market in a “wait and react” phase rather than a “predict” phase. Primary scenario: If price retraces into the gap while preserving the ascending channel, bullish continuation remains the dominant path, with $5,208 aligning as the next expansion target near the upper boundary of the channel. Invalidation: Only a decisive close below the rising channel would force a reassessment of the short-term bullish bias. Until then, the message is simple: Structure intact. Trend respected. Patience rewarded. Trade with clarity, not emotion — and let the chart do the talking.
OANDA:XAUUSDLong
by Lounaa_
25
SILVER | Pullback as Precious Metals Rally PausesPRECIOUS METALS MINERS | Pullback as SILVER Rally Pauses European precious metals miners opened lower as investors took profits after the recent strong rally in TVC:GOLD and TVC:SILVER . The pause in bullion momentum weighed on mining equities, which tend to amplify moves in underlying metal prices. In early London trade, Fresnillo and Hochschild fell around 3.2% and 2.5%, respectively, while losses extended beyond precious-metals-focused miners, reflecting a broader risk-off tone at the open. Technical Outlook The price maintains a bearish structure while trading below the 112.91 pivot. As long as price remains below 112.91, downside pressure is expected toward 110.40. A confirmed 1H close below 110.40 would strengthen bearish continuation toward 107.46, followed by 103.35. On the upside, bullish momentum would only be activated with a 1H close above 112.91, opening the way toward 117.19 and 119.83. Key Levels • Pivot: 112.91 • Support: 109.41 – 107.47 – 103.40 • Resistance: 115.00 – 117.20 – 119.84
OANDA:XAGUSDShort
by SroshMayi
7
GOLD 4H CHART ROUTE MAP UPDATE & TRADING PLAN FOR THE WEEKHey Everyone, Please see our 4h chart route map and trading plan for the week ahead. We are now seeing price play between two weighted levels with a gap above at 4999 and a gap below at 4923. 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 20 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. The swing range give bigger bounces then our weighted levels that's the difference between weighted levels and swing ranges. BULLISH TARGET 4999 EMA5 CROSS AND LOCK ABOVE 4999 WILL OPEN THE FOLLOWING BULLISH TARGET 5082 EMA5 CROSS AND LOCK ABOVE 5082 WILL OPEN THE FOLLOWING BULLISH TARGET 5156 EMA5 CROSS AND LOCK ABOVE 5156 WILL OPEN THE FOLLOWING BULLISH TARGET 5228 BEARISH TARGET 4923 EMA5 CROSS AND LOCK BELOW 4923 WILL OPEN THE FOLLOWING BEARISH TARGET 4842 EMA5 CROSS AND LOCK BELOW 4842 WILL OPEN THE SWING RANGE 4740 4665 EMA5 CROSS AND LOCK BELOW 4665 WILL OPEN THE SECONDARY SWING RANGE 4596 4519 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
OANDA:XAUUSD
by Goldviewfx
10
ETH : Bulls Regaining Control?ETH : Bulls Regaining Control? Ethereum experienced a strong bullish impulse, followed by a small correction. This structure looks like a classic bullish reversal pattern, and ETH is likely to resume the bullish trend again. Price has now broken above the pattern, which is an important bullish signal. As long as ETH holds above this breakout area, the probability increases for a continuation to the upside. The first upside target is the 3,160 area, which previously acted as a key structure zone. If bullish momentum continues, ETH could extend higher toward the 3,350 level, where strong resistance is expected. Key Levels: 3,160 3,350 You may find more details in the chart. Thank you and good luck! 🍀 ❤️ If this analysis helps your trading day, please support it with a like or comment ❤️
Long
by KlejdiCuni
3
BTC Faces Major Resistance Before FOMC – Breakdown or Breakout?As I expected in the previous idea , Bitcoin( BINANCE:BTCUSDT ) has followed the anticipated bullish and bearish trends and has reached all of its targets (full target). Now, the question is whether Bitcoin can sustain above the $90,000 level. Stay tuned! At the moment, Bitcoin is moving near the resistance zone($90,600-$89,300) and around the 50_SMA(Daily), and the resistance line. From an Elliott Wave perspective, it seems that Bitcoin is completing a Double Three Correction(WXY) within the ascending channel. I expect that Bitcoin might not break through this resistance zone($90,600-$89,300) on the first attempt and could start to decline, potentially dropping to around $88,133. If the bearish momentum continues, we might see even lower targets. First Target: $88,133 Second Target: Cumulative Long Liquidation Leverage: $87,000-$85,630 Stop Loss(SL): $91,823(Worst) Cumulative Short Liquidation Leverage: $92,000-$91,000 CME Gap: $93,060-$92,940 In the coming hours, markets face the Fed Funds Rate decision and Powell’s press conference, which typically bring elevated volatility. If the Fed holds rates at 3.75% as expected, the initial reaction may be muted, but real movement will depend on forward guidance. Historically, when outcomes align with expectations, gold tends to stay supported amid uncertainty, especially with U.S. government shutdown risks in the background, while Bitcoin remains sensitive to liquidity signals and risk sentiment. Any shift in Powell’s tone — whether more cautious or more hawkish — can quickly drive sharp moves. ⚠️ Traders should expect volatility both at the release and during the press conference, avoid impulsive entries, and prioritize risk management. Note: Rising tensions in the Middle East could quickly intensify Bitcoin's downward trend 💡 Please respect each other's opinions and express agreement or disagreement politely. 📌Bitcoin Analysis (BTCUSDT), 1-hour time frame. 🛑 Always set a Stop Loss(SL) for every position you open. ✅ This is just my idea; I’d love to see your thoughts too! 🔥 If you find it helpful, please BOOST this post and share it with your friends.
Short
by pejman_zwin
4
Gold to crash 60% in 2026? - January 2026Fort the 2nd time in history the Relative Strength Index (RSI) has touched 95 as shown on the above 6 week chart. The previous time was back in 1968, or 57 years ago. After 1968 the highest RSI was 94, back in January 1980. Not long after the dollar came off the Gold standard. A -63% crash followed. The 2011 a -45% crash printed with an RSI at 84. The Relative Strength Index (RSI) is a popular momentum oscillator used in technical analysis to measure the speed and magnitude of recent price changes. It helps traders identify overbought or oversold conditions in a stock or asset. Range: 0 to 100. Common Thresholds: Above 70: Overbought (potential sell signal). Below 30: Oversold (potential buy signal). Should a value of 95 be considered a buying opportunity like many Gold bugs are calling for? Short answer: No. An RSI of 95 is extremely rare and almost never a buying opportunity based on the standard RSI rule. In fact, it's a strong warning signal for a potential pullback or reversal. Here’s a detailed breakdown of why buying at RSI 95 is typically a bad idea: 1. Extreme Overbought Condition RSI above 70 is considered overbought. At 95, the asset is in an extreme parabolic state. This often indicates a buying frenzy or a "blow-off top," which is unsustainable. A sharp correction is highly probable. 2. Momentum exhaustion The Stochastic RSI measures momentum. A stochastic RSI reading of 80 and above is overbought. 90 is Apollo VI on launch, 99 where we are now, is the bit where mission control’s gone quiet, the monkey’s pressed all the buttons, and everyone’s pretending this was always part of the plan while gravity waits patiently to do what it does best. For the 1st time ever momentum has just past 800 days over 80. The previous record was around 500 days. 3. High risk of mean reversion The core principle behind RSI is mean reversion prices tend to return to their average. The farther the RSI moves from 50, the stronger the gravitational pull back toward it. An RSI of 95 is like a stretched rubber band ready to snap back violently. The mean price is currently around $3000 4. Potential for false signals in strong trends While it's true that in a very strong bullish trend, the RSI can remain "overbought" (above 70) for extended periods, a reading of 95 is almost never sustainable. Even in a powerful uptrend, this level suggests a short-term peak is imminent. Is Bitcoin a good rotation? Short answer: No In fact, there’s strong evidence Bitcoin will collapse as hard and as fast as Gold during 2026. Don’t fall for this super cycle nonsense influencers are pumping out. Is this time different? No. It’s still people reaching for the "emergency exit." when all hell breaks, and that is understandable. Look at the headlines around the world today. The United States government has never seemed more chaotic for us outsiders, policy determined via truth social posts, Allies threatened with economic penalties if they don’t take the knee, ICE agents with judicial executions if citizens if they look the wrong way, tariffs handed out like flyers, cost of everyday food stuffs exploding in price.. what a legacy. Will I short gold? No. I never short any market, there’s never any need to do that. Only long what is oversold and beaten down. Ww ================================================================= Disclaimer Right. Before anyone starts screaming, crying, or remortgaging their house based on this, calm down. This isn’t financial advice. It’s not advice at all. It’s numbers, history, and a bit of common sense, laid out by someone who can still remember what happened the last time people said “this time is different.” If you choose to ignore it because a bloke on YouTube with a laser-eyed thumbnail says gold (or Bitcoin, or tulips, or Beanie Babies) is going to the moon, fine. Crack on. That’s natural selection with candlesticks. Markets don’t care about your fear, your politics, your hashtags, or your “emergency exit” fantasies. Gravity still works. Rubber bands still snap. And charts don’t suddenly develop feelings because the world’s gone a bit mad. So read it, don’t worship it. Think for yourself. And if it all goes wrong, don’t email me. I’ll be busy not saying “I told you so,” while very much thinking it.
OANDA:XAUUSD
by without_worries
8
CADJPY: Swing Sell at the liquidity void area! Target 105! Dear traders, I hope you’re doing well. We have a fantastic selling opportunity with the CADJPY pair. The price is approaching the liquidity gap and is likely to fill it. Once filled, we could see a reversal from that point. Our target is set at 105, but feel free to adjust your take profit based on your analysis and strict risk management. Good luck and trade safely. If you like our idea, please like, comment and follow for more. Team Setupsfx_
Short
by Setupsfx_
4
Bitcoin at Key Support – Correction Complete or Another Drop!?Bitcoin( BINANCE:BTCUSDT ) has continued its correction in recent days due to the following key reasons: 1. U.S. Government Shutdown Risk: Political deadlock over the federal budget deadline (January 30) has triggered a "risk-off" sentiment in global markets, pushing investors away from volatile assets like Bitcoin. 2. Trade Tensions and Tariff Threats: Trump's threats of 100% tariffs on Canadian imports have strengthened the U.S. dollar ( TVC:DXY DXY), acting as a headwind for Bitcoin and contributing to broader market declines. 3. ETF Outflows and Market Fundamentals: Net outflows of about $6.1B from Bitcoin spot ETFs over the past three months, combined with on-chain realized losses for holders and leveraged position liquidations, have intensified selling pressure. 4. Geopolitical Tensions in the Middle East: Escalating conflicts, including risks around Iran and oil( FX_IDC:USDBRO ) supply disruptions, have amplified global uncertainty and risk aversion, leading to further sell-offs in cryptocurrencies as investors seek safer assets. Let’s dive into the technical analysis of Bitcoin on the 1-hour timeframe to see how it’s performing. Stay tuned! As I expected in the previous idea , Bitcoin followed the anticipated bullish and bearish movements, reaching its targets (Targets Done). Currently, Bitcoin is moving near a support zone($86,420-$83,820) and has also created a new CME Gap($89,205-$88,385) with the start of this trading week. From an Elliott Wave perspective, it appears that Bitcoin has completed its main wave 5 near the support zone($86,420-$83,820) and support line, so we can now expect a corrective wave. Additionally, we can observe a negative Regular Divergence (RD-) between two consecutive valleys. I expect that after a correction, Bitcoin will resume its upward movement and potentially reach the first target of $88,667. With strong bullish momentum, we could see Bitcoin move even higher in the short term. Note: Bitcoin, like other dollar-denominated assets, is influenced by various factors, including political statements and news. Therefore, it’s crucial to manage risk carefully and stay prepared for any scenario. Make sure to keep an eye on updates. I’d love to hear your thoughts on Bitcoin. Do you think the downward trend will persist, and how far do you expect it to drop? First Target: $88,667 Second Target: $89,401 Third Target: $90,231 Stop Loss(SL): $85,527(Worst) Cumulative Long Liquidation Leverage: $86,450-$85,600 Cumulative Short Liquidation Leverage: $88,890-$88,400 💡 Please respect each other's opinions and express agreement or disagreement politely. 📌Bitcoin Analysis (BTCUSDT), 1-hour time frame. 🛑 Always set a Stop Loss(SL) for every position you open. ✅ This is just my idea; I’d love to see your thoughts too! 🔥 If you find it helpful, please BOOST this post and share it with your friends.
Long
by pejman_zwin
12