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BTC/USDT 4H chart๐Ÿ“‰ Trend and Structure H4 Trend: Downtrend / Downtrend Consolidation Sequence of lower highs + lower lows from around 95k Currently, the price is below key resistance levels; the market has not regained its upward structure. ๐ŸŸฉ Key Chart Levels Resistance 94,596 โ€“ Very strong resistance (upper range zone) 91,600 โ€“ Local resistance / consolidation center 90,748 โ€“ Flip level (former support โ†’ resistance) Support 88,385 โ€“ Short-term support (already tested) 85,226 โ€“ Current price reaction zone 83,596 โ€“ Key structural support 80,646 โ€“ Last line of defense (if 83.6k falls) ๐Ÿ“Š RSI (14) RSI ~40โ€“45 โ†’ Lack of strength Buyers No bullish divergence RSI has not returned above 50 โ†’ trend remains bearish ๐Ÿ“‰ Stochastic RSI Recently in the overbought zone โ†’ downward trend This confirms a correction/further weakness No confirmation of an upward impulse ๐Ÿง  What does price action say? Last candle: strong upward rejection No follow-through after bounces Any upward breakout is sold ๐Ÿ“Œ Scenarios ๐Ÿ”ด Baseline scenario (more likely) Consolidation / further decline to: 83,600 and with market weakness even 80,600 Shorts have an advantage below 88,400 ๐ŸŸข Alternative scenario (bullish) Conditions: H4 close above 88,400 Then breakout and hold at 90,700 Only then: Targets: 91,600 โ†’ 94,600 Without this = only corrections in a downtrend
by cryptodailyuk
1
Looking forward to the important news releases on December 181๏ธโƒฃ Trend & Trendline Main trend: Medium-term uptrend remains intact. Rising trendline (solid): Price is holding above it โ†’ a key dynamic support. Rising trendline (dashed): Secondary support below, used to confirm a breakdown if the main trendline is lost. Price structure: Higher Lows are still being maintained โ†’ no trend reversal signal yet. 2๏ธโƒฃ Key Support Levels 4,305: Dynamic support + EMA โ†’ losing this level would weaken bullish momentum. 4,260: Strong confluence zone (Fibo + demand zone) โ†’ critical support. 3๏ธโƒฃ Key Resistance Levels 4,350: Short-term resistance โ€“ price is reacting strongly here. 4,373 (Fibo 3.618): Intermediate technical barrier. 4,400: Major resistance / extension target โ€“ strong profit-taking zone. ๐ŸŽฏ Scenarios Holding above the trendline + 4,300: โ†’ Favor BUY following the trend, targets at 4,350 โ†’ 4,400. Trendline break & loss of 4,260: โ†’ Trend weakens โ†’ look for SELL on pullbacks, targets 4,220 โ€“ 4,200. ๐Ÿ“Œ Trade Setup BUY GOLD: 4260 โ€“ 4258 Stop Loss: 4248 Take Profit: 100 โ€“ 300 โ€“ 500 pips SELL GOLD: 4400 โ€“ 4402 Stop Loss: 4412 Take Profit: 100 โ€“ 300 โ€“ 500 pips
OANDA:XAUUSDLong
by AstronautPioneer
Gold price movements following the NF report on December 17th.1๏ธโƒฃ Trend Structure & Trendline ๐Ÿ”น Main Trend The market is currently in a medium-term uptrend: Higher Lows are being formed Highs are approaching or exceeding previous highs (potential Higher High) The ascending trendline (below) is still intact โ†’ acting as the backbone of the current trend ๐Ÿ‘‰ Only a decisive break below this rising trendline would invalidate the medium-term uptrend. ๐Ÿ”น Short-term Descending Trendline (Upper) The descending trendline above is pressuring price in the short term It acts as a dynamic resistance, where selling pressure appears on rallies Price is currently compressing between the descending trendline (above) and support (below) โ†’ a consolidation phase before a strong move ๐Ÿ“Œ A clear breakout above the descending trendline = confirmation of trend continuation to the upside. 2๏ธโƒฃ Key Resistance ๐Ÿ”ด Major Resistance Zone: 4,380 This zone represents: A previous high A clear supply zone If price breaks into this area: Strong profit-taking and volatility are likely Confirmation is required (strong close, good volume) for continuation ๐Ÿ‘‰ A sustainable bullish move is only confirmed when price breaks and holds above 4,379. 3๏ธโƒฃ Key Support ๐ŸŸข Near-term Support: 4,277 This zone includes: Confluence with moving averages A price level with multiple reactions Role: Healthy pullback support ๐Ÿ‘‰ Holding above this level keeps the short-term uptrend intact. ๐ŸŸข Deeper Support: 4,258 A structural support level If price breaks below 4,277: A retest of 4,258 is highly likely This is a trend-decision zone ๐Ÿ“Œ A breakdown below 4,258 significantly increases the probability of price returning to the major ascending trendline below. 4๏ธโƒฃ Trading Plan ๐ŸŸข BUY GOLD: 4258 โ€“ 4256 Stop Loss: 4246 Take Profit: 100 โ€“ 300 โ€“ 500 pips ๐Ÿ”ด SELL GOLD: 4379 โ€“ 4381 Stop Loss: 4391 Take Profit: 100 โ€“ 300 โ€“ 500 pips
OANDA:XAUUSDShort
by AstronautPioneer
ATOM/USDT short-term๐Ÿ” Market Structure Clear downtrend โ€“ price is moving within a descending channel (lower highs and lows). Each bounce is sold at the upper band of the channel. No signal of a change in structure yet (no HH + HL). ๐Ÿ“‰ Current Price Status Price is at the lower end of the channel. Consolidation after a downward impulse โ†’ typical bearish continuation or short technical rebound. Current Zone: ~2.02โ€“2.05 USDT โ€“ local support + demand reactions. ๐ŸŸข Key Levels Support 2.049 โ€“ local support (current reaction) 1.999 โ€“ strong psychological support 1.951 1.878 โ€“ lower demand zone (important!) Resistance 2.099 2.125 2.201 โ€“ key resistance / Sโ†’R flip. Upper channel line (~2.20โ€“2.23) ๐Ÿ“Š Stochastic RSI Oscillator often in oversold territory. Currently recovering from the low โ†’ possible short rebound. BUT: in a downtrend. The Stoch RSI is not a long-term signal. โžก๏ธ More likely a pullback, not a trend change. ๐Ÿง  Scenarios ๐Ÿ”ด Baseline scenario (most likely) Bounce to: 2.09 โ†’ 2.12 Rejection + further decline: 1.99 then 1.95 / 1.88 โžก๏ธ Short at resistance levels in line with the trend. ๐ŸŸข Alternative scenario (less likely) Breakout of 2.20 + close of the 1H candle above the channel Retest from above Then targets: 2.28 2.35โ€“2.40 โžก๏ธ Only then can we talk about a change in structure.
by cryptodailyuk
1
How will gold prices fluctuate before major news is released? 1๏ธโƒฃ Trend & Trendline Price is moving within a medium-term ascending channel (two black trendlines). After a strong breakout, price is pulling back toward the upper trendline of the channel โ†’ this is a key decision zone for the short-term trend. The overall structure remains Higher High โ€“ Higher Low, indicating that the main trend is still intact. 2๏ธโƒฃ Key Support 4,257: Confluence support zone (trendline + previous price structure). โ†’ Holding above this level: favor a recovery in line with the bullish trend. โ†’ Losing this level: price may slide toward the lower boundary of the ascending channel. 3๏ธโƒฃ Resistance / Targets 4,352: Near-term resistance โ€“ previous high; a clear breakout is needed to confirm continuation. 4,379: Higher resistance at the previous ATH โ€“ next target if 4,352 is broken successfully. 4๏ธโƒฃ Main Scenarios Bullish scenario: Hold above 4,257 โ†’ rebound toward 4,352 โ†’ extend to 4,379. Short-term bearish scenario: Break below 4,257 โ†’ deeper correction toward the lower trendline of the ascending channel before new buying interest appears. Trading Plan BUY GOLD: 4,257 โ€“ 4,255 Stop Loss: 4,245 Take Profit: 100 โ€“ 300 โ€“ 500 pips SELL GOLD: 4,379 โ€“ 4,381 Stop Loss: 4,391 Take Profit: 100 โ€“ 300 โ€“ 500 pips
OANDA:XAUUSD
by AstronautPioneer
BTC/USD 4H Chart๐Ÿ”Ž Market Structure (4H) Medium-term trend: still up, but clearly weakening Price has broken out of the local uptrend channel (black line broken) Currently, we have a downward impulse + attempted demand reaction This looks like a distribution โ†’ SL breakout โ†’ seeking demand lower ๐Ÿงฑ Key Levels (from your chart) ๐ŸŸข Resistance (now selling) 89,255 โ€“ first local resistance (now S/R flip) 91,857 โ€“ strong resistance, previous consolidation 93,713 โ€“ supply zone / last LH 94,700โ€“95,000 โ€“ very strong resistance (high range) ๐Ÿ‘‰ Until we return and close the 4H period above 91.8k, longs are counter-trend ๐Ÿ”ด Support (most important) 87,621 โ€“ currently being tested / very important 84,216 โ€“ key HTF support (must-hold for bulls) 81,308 77,820 โ€“ deep range low ๐Ÿ“‰ Momentum & price action Last candle: strong decline + long lower wick = demand reaction, but no confirmation No 4H HH/HL structure yet This looks like a dead cat bounce or a retest of the breakout ๐Ÿ“Š Stoch RSI Was heavily oversold Now a sharp upward move โš ๏ธ But: In downtrends, the Stoch RSI often gives false long signals Price confirmation is needed, not just an oscillator ๐Ÿง  Scenarios (specific) ๐ŸŸก Scenario 1 โ€“ Base case (most likely) Pullback โ†’ further decline Bounce to 89.2k โ€“ 90k Rejection Down to 84.2k Market decision there ๐Ÿ‘‰ This is a textbook retest of a broken structure ๐ŸŸข Scenario 2 โ€“ Bullish (less likely, but possible) Conditions: 4-Hour Close > 91,857 Then a retest of the high-low Then targets: 93.7k 94.7โ€“95k Only above 95k does the full uptrend resume ๐Ÿ”ด Scenario 3 โ€“ Bearish (if demand breaks) If: 4-Hour Close < 87.6k Then: A quick move to 84.2k Breakout = 81.3k Extreme: 77.8k
COINBASE:BTCUSD
by cryptodailyuk
1
ETH/USDT 1D CHart Long-Term. ๐Ÿ” Market Structure (Price Action) 1๏ธโƒฃ Trend Long-term: The uptrend has been broken (a downward breakout from the black trend line). Medium-term: A sequence of lower highs and lower lows โ†’ a downtrend. The current rebound is a correction in the downtrend, not a confirmed reversal. ๐Ÿ“ Key Levels (very well marked) ๐Ÿ”ด Support 2768 USDT โ€“ key support (current local bottom). 2157 USDT โ€“ final support from the previous structure (if 2768 breaks โ†’ a very real pullback). ๐ŸŸข Resistance 3506 USDT โ€“ current nearest resistance (retest after a downward breakout). 4101 USDT โ€“ strong supply zone + former support. 4477 USDT โ€“ main structural resistance (region of previous highs). ๐Ÿ‘‰ Price is now exactly in the decision zone between 2768 and 3506. ๐Ÿ“‰ Trendline Breaked and rejected (retest ended with a decline). This is a classic signal of a downtrend continuation. Until the price returns above 3506 and sustains, there is no uptrend. ๐Ÿ“Š Stochastic RSI The oscillator frequently reaches the 80โ€“100 zone. Currently: Moving out of overbought โ†’ signal of weakening upward momentum. No bullish divergence โ†’ no confirmation of a trend change. ๐Ÿง  Scenarios ๐Ÿป Baseline scenario (more likely) Rejection of 3506 Return to around 3000 โ†’ 2768 Breakthrough of 2768 = open path to ~2150 ๐Ÿ‚ Alternative (conditional) scenario Daily close above 3506 Retest of 3506 as support Only then is a move towards 4100 possible ๐ŸŽฏ Final conclusions This is not a market for longs without confirmation. The current rebound looks like a pullback in a downtrend. Safeest: Short at resistance (3506 / 4101) Long only after a breakout and holding of 3506
by cryptodailyuk
TECHNICAL ANALYSIS BNB/USDT1๏ธโƒฃ Market Structure and Trend The chart shows a long-term uptrend, confirmed by a very clean ascending trendline (orange), which has been acting as dynamic support for over a year. After a strong breakout to ~1380, the price began a correction but still hasn't broken the higher low structure โ†’ the uptrend is intact. 2๏ธโƒฃ Key Levels (exactly from your chart) ๐ŸŸข Resistance Levels (green): ~1018 USDT ~1150 USDT ~1249 USDT These are potential targets for a renewed uptrend. ๐Ÿ”ด Support Levels (red): ~879 USDT โ€“ the closest important support ~838 USDT โ€“ a key defensive level ~683 USDT โ€“ deep support / last HTF trendline The price is currently trading directly above the first support level. 3๏ธโƒฃ Trendline (orange) Your trendline is: strong, multi-point drawn on the D1 timeframe currently around 850โ€“880 USDT โžก๏ธ If the price falls, the trendline perfectly aligns with the 838โ€“879 zone, strengthening this zone as a "must defend." 4๏ธโƒฃ Oscillators โ€“ Stoch RSI (bottom) Currently: The oscillator is in a high zone (above 80) โ†’ indicating local overbought However, there is no clear downward crossover yet. Meaning: ๐Ÿ‘‰ Upward momentum is still active, but we are closer to a local high than a low. 5๏ธโƒฃ Scenarios ๐ŸŸข Upside scenario (more likely as long as the trendline holds) Condition: Maintaining the 879/838 levels and the trendline. Targets: 1018 USDT โ€“ first resistance 1150 USDT โ€“ important medium-term resistance 1249 USDT โ€“ main HTF target The longer the price consolidates above the orange trendline, the greater the chance of a renewed attack on 1150โ€“1249. ๐Ÿ”ด Downside scenario (less likely, but crucial) Condition: Downside breakout of 838 USDT and closing of the D1 candle below the trendline. Then: the market could enter a deeper correction phase the target would be the 683 USDT level โ€“ this is also the main support level, where reactions were previously strong This is a "capitulation" scenario, but it doesn't seem to be dominant given the current price action. 6๏ธโƒฃ What can we see on the chart "here and now"? โœ”๏ธ The price has rebounded from the local low โœ”๏ธ It is still between support at 879 and resistance at 1018 โœ”๏ธ The uptrend is intact โœ”๏ธ A potential HTF higher low has formed โœ”๏ธ The Stoch RSI shows momentum, but caution is warranted โžก๏ธ The market is consolidating within the uptrend, with a high chance of a breakout upwards โ€“ provided support is maintained.
by cryptodailyuk
1
TECHNICAL ANALYSIS โ€“ BTCUSD (4H)1. Market Structure: Ascending Channel (Orange) The chart clearly shows an ascending trend channel โ€“ the upper and lower orange lines. Lower Channel Support: ~$87,000 Upper Channel Resistance: ~$96,000 Medium-term trend = uptrend as long as the price remains within this channel. 2. Key Levels You Have Marked Resistance $94,133 โ€“ local resistance from which the price recently rejected. $95,866 โ€“ upper boundary of the resistance zone + near-upper channel line. $99,067 โ€“ high target upon channel breakout. Support $92,190 โ€“ price is currently within this zone, struggling to maintain it. $90,757 โ€“ important intraday support; a breakout opens the way lower. USD 88,203 โ€“ strong support, converging with the lower part of the channel. 3. Price action Currently, I see: Rejection from the 94.1k level, which is resistance. Attempt to return to the center of the structure, but the candlestick is rejected from above. The market is making a short-term lower high โ†’ slight weakening of momentum. 4. Stoch RSI Stoch RSI (4h): The lines are in a downward trend from the upper levels, meaning a short-term correction is just beginning. There is no signal for an upward reversal yet โ†’ momentum favors a move to lower support levels. โญ 5. Scenarios for the next hours/1โ€“2 days BULLISH (if BTC maintains 92kโ€“90.7k) Condition: No break below $90,757 Potential moves: Consolidation at 92kโ€“91k Stoch RSI begins to curve upward Attack: $94,133 $95,866 (upper channel resistance) Target: โ†’ $96,000 โ†’ possible test of $99,000 with a strong breakout BEARISH (if BTC breaks $90,757 down) This is a key level. If it breaks: A quick decline to $88,203 High probability of a retest of the lower channel line (~87k) This still won't destroy the uptrend, but it will open the door to buying lower.
COINBASE:BTCUSD
by cryptodailyuk
ETH ANALYSIS โ€“ 1h๐Ÿ“Š ETH ANALYSIS โ€“ 1h ๐Ÿ”ฅ 1. Key Fact on the Chart We have a very strong upward impulse that: Breaked the upper band of the descending channel (blue) Touched the upper line of the ascending channel (orange) Was immediately rejected (long wick) The MACD shows extreme overbought + potential divergence in the making Such a move usually indicates a short squeeze + profit-taking โ†’ i.e., a temporary weakening and a retest of the breakout. ๐ŸŽฏ 2. Price areas I see on your chart Green (resistance/TP for longs): 3479โ€“3490 โ€“ structural highs, strong resistance 3420 โ€“ local resistance 3375 โ€“ first real resistance after the breakout Red (support/defense levels of the structure): 3338โ€“3348 โ€“ first test zone after the breakout 3293 โ€“ key level โ€” sustain = trend continuation 3180โ€“3200 โ€“ consolidation zone broken (likely retest) ๐Ÿ“‰ 3. What does the current wick mean? This giant wick signals: short liquidations lack of demand for a continuation after the first resistance breakout high probability of a return to the range possibility of a retest of the breakout (around 3185โ€“3210) This doesn't look like a classic breakout with a continuation, but rather a fakeout and the need for a correction. ๐Ÿ“ˆ 4. Scenarios โžก๏ธ Bullish (more likely if 3293 holds) Price falls to the 3338โ€“3293 zone Builds a local HH/HL Starts a move to 3375, then 3420 If 3420 breaks โ†’ target 3480โ€“3500 โžก๏ธ Bearish (if price loses 3293) Retest from the bottom of 3293 Return to the blue channel Target: 3185โ€“3200 If this level breaks โ†’ 3050โ€“3080 (lower band of the channel) ๐Ÿ“Ÿ 5. MACD MACD is: extremely stretched signal line begins to collapse histogram decreases after Explosion โ†’ This almost always means a local intraday high + a drop to support.
by cryptodailyuk
1
Gold is still compressed and waiting for a breakout1๏ธโƒฃ Trendline Main ascending trendline (lower): Still holding firmly โ†’ the medium-term bullish structure remains intact. Every pullback continues to react positively at this trendline. Short-term ascending trendline (upper โ€“ mild slope): Price is moving very close to this line โ†’ showing signs of consolidation / price compression before the next directional move. 2๏ธโƒฃ Resistance 4,240 โ€“ 4,245 (blue zone): Strong resistance. Price has tested this area multiple times without a clear breakout โ†’ selling pressure is still present. 4,380: Distant resistance / extended target if price successfully breaks above the resistance zone. 3๏ธโƒฃ Support 4,210 โ€“ 4,215 (Fibo 0.618): Key short-term support, aligned with the short-term uptrend โ†’ a decisive zone for near-term direction. 4,135 โ€“ 4,130 (Fibo 0.5 + main ascending trendline): Strong structural support. A breakdown below this area would significantly weaken the bullish trend. 4๏ธโƒฃ Primary scenarios Holding above 4,210 โ€“ 4,215: Continued consolidation โ†’ wait for a breakout above 4,270 to confirm bullish continuation. Break below 4,165: Price may pull back toward 4,135 โ€“ 4,140 to test demand. ๐Ÿ‘‰ Overall trend: Bullish, but currently at a sensitive zone. A resistance breakout is needed to confirm continuation. ๐Ÿ“ˆ Trading Plan BUY GOLD: 4,130 โ€“ 4,132 Stop Loss: 4,122 Take Profit: 100 โ€“ 300 โ€“ 500 pips SELL GOLD: 4,213 โ€“ 4,215 Stop Loss: 4,223 Take Profit: 100 โ€“ 300 โ€“ 500 pips
OANDA:XAUUSD
by AstronautPioneer
ETHUSD 1D chart1๏ธโƒฃ Trend and key levels Trend โ€ข The overall neutral-growth trend, but with clear consolidation. โ€ข The price rebounded dynamically from the bottom (approx. USD 2,850), which creates the first higher low structure โ†’ the potential beginning of an upward impulse. Support โ€ข $2,973-$3,000 โ€“ SMA #1 + local support. โ€ข USD 2,851 โ€“ strong support from which the candle made a very large wick upwards. Resistances โ€ข USD 3,169 โ€“ the first strong resistance, several candles bounced from this level. โ€ข $3,236 โ€“ key daily resistance. Breakout = signal of strong momentum and opening the way to USD 3,300-3,430. โธป 2๏ธโƒฃ Candle formation and behavior โ€ข A bullish candle with a long lower wick appeared โ†’ this is a signal of buyers. โ€ข The price is making a series of higher lows, but no higher high yet โ†’ the market is waiting for a breakout of USD 3,236 to confirm the uptrend. โธป 3๏ธโƒฃ SMA (moving averages) ๐Ÿ”ด SMA #1 (short-term) โ€ข Price is just above it โ†’ acts as support. โ€ข If the daily candle closes below $3,000, the downside momentum returns. ๐ŸŸข SMA #2 (long term, ~$3,430) โ€ข Is high above the price โ†’ long-term bearish pressure until the price returns to the price area. โธป 4๏ธโƒฃ RSI (momentum) RSI around 45โ€“50 โ€ข Neutral territory. โ€ข Zero overbought/oversold. โ€ข Slight upward trend in RSI โ†’ buyer momentum is growing, but without an overheating signal. Conclusion: The market has room to move higher before the RSI becomes high. โธป 5๏ธโƒฃ MACD โ€ข MACD is above the signal line โ†’ slight, early bullish signal. โ€ข The histogram increases, but there is no significant acceleration. Interpretation: increases are possible, but without strong momentum yet.
INDEX:ETHUSD
by cryptodailyuk
Gold is trending sideways ahead of major news.1๏ธโƒฃ Trendline Short-term rising trendline (black dotted): Price is still moving above the trendline โ†’ the uptrend remains valid. Every pullback continues to find support. Long-term rising trendline (below): This is the major structural support, crucial for determining the medium-term trend if it gets broken. 2๏ธโƒฃ Resistance 4,260 โ€“ 4,265: A strong resistance zone where price has been rejected multiple times โ†’ strong selling pressure. โžœ Break and close above this zone: opens a new upside expansion. โžœ Failure to break out: likely leads to a corrective move. 3๏ธโƒฃ Support 4,165 โ€“ 4,170: Short-term support, a confluence of the rising trendline and a previous demand zone. Below 4,165: Price may slide quickly toward a lower rising trendline โ†’ higher risk of a deeper correction. 4๏ธโƒฃ Main scenarios Primary scenario: Sideways consolidation below resistance โ†’ pullback toward 4,165, then watch for price reaction. Strong bullish scenario: Only valid if price decisively breaks above 4,265 with volume confirmation. ๐Ÿ‘‰ Strategy: Avoid FOMO at resistance. Focus on price reaction at support or clear, confirmed breakouts. Trading Plan BUY GOLD: 4,169 โ€“ 4,067 Stop Loss: 4,159 Take Profit: 100 โ€“ 300 โ€“ 500 pips SELL GOLD: 4,263 โ€“ 4,265 Stop Loss: 4,275 Take Profit: 100 โ€“ 300 โ€“ 500 pips
OANDA:XAUUSD
by AstronautPioneer
BTC/USDT 4H Chart ๐Ÿ” MARKET STRUCTURE The chart shows a broad ascending channel in which BTC has been moving for several days: Lower trend support: ~$87,500 โ€“ $88,000 Upper trend line: ~$94,500 โ€“ $95,000 The price has clearly rebounded from around $89,200, an important demand level. ๐Ÿ“ˆ KEY LEVELS Support USD 89,284 โ€“ local support from which a rebound occurred USD 87,804 โ€“ the next, much stronger support level consistent with the trendline Resistance USD 91,466 โ€“ currently being tested USD 94,141 โ€“ key resistance and the upper band of the channel ๐Ÿ“Š CHART SITUATION (4 hours) 1. Price action The price has made a strong upward impulse from support at USD 89,280. It is currently reaching local resistance at USD 91,450 โ€“ USD 91,700. If this level is broken, the target is USD 94,000 โ€“ USD 94,500. If it fails, a pullback to USD 90,200/USD 89,300 can be expected. ๐Ÿ“‰ MACD Your MACD shows: Bullish crossover โ€“ buy signal. The histogram changes from red to green โ†’ momentum is increasing. The curves are diverging, confirming the strength of the move. This indicates that the short-term trend is turning bullish. ๐Ÿ“Œ TWO TRADING SCENARIOS ๐ŸŸข BULLISH Scenario (more likely) Condition: H4 candle breakout and close above USD 91,700. Targets: TP1 โ†’ USD 92,800 โ€“ USD 93,200 TP2 โ†’ USD 94,000 โ€“ USD 94,500 (upper channel) Stop-loss (if you were going long): below USD 90,500 Safer below USD 89,280 MACD confirms this scenario. ๐Ÿ”ด BEARISH Scenario Condition: rejection of USD 91,700 and a close below USD 90,500. Targets: TP1 โ†’ USD 89,300 TP2 โ†’ USD 87,800 (key trendline) A drop to USD 87,800 would be an ideal place for large players to buy again.
by cryptodailyuk
Gold price developments at the end of the week of December 51๏ธโƒฃ Trend Line Descent trend line (above โ€“ dashed line) Price has been touched and rejected several times โ†’ becomes strong dynamic resistance. The 4,225โ€“4,230 price zone is a key area: โ†’ Valid breakout = opens upward momentum towards 4,260. โ†’ Failed breakout = price returns down following the previous trend. Ascending trend line (below โ€“ dashed line) This is dynamic support that maintains the short-term upward structure. If price breaks through this trend line, a downtrend will activate. 2๏ธโƒฃ Support Area โ€“ Key Resistance 4,225 โ€“ 4,230: Confluence of the descending trend line + the previous supply zone โ†’ a designated area for buyers. 4,260 โ€“ 4,265: Strongest resistance. When price touches this area, a downward reaction is likely. Support 4,190 โ€“ 4,195: The first area to be tested if the trend line is broken. 4,140 โ€“ 4,135 (lower green zone): Very strong support โ€“ the main target if the downtrend is confirmed. ๐Ÿ“Œ Trading Signals BUY GOLD: 4,140 โ€“ 4,138 Stop Loss: 4,130 Take Profit: 100 โ€“ 300 โ€“ 500 pips SELL GOLD: 4,260 โ€“ 4,262 Stop Loss: 4,270 Take Profit: 100 โ€“ 300 โ€“ 500 pips
OANDA:XAUUSDShort
by AstronautPioneer
BTC 4H Chart Review1. Market Structure: Rising Channel (Upward Wedge / Rising Channel) The chart clearly shows that BTC is moving within an ascending channel, with: the upper boundary around USD 95,000โ€“95,500, the lower boundary currently reaching USD 86,500โ€“87,000. This is a potentially exhausting formation, and lower breakouts are often dynamic. 2. Current Situation: Rebound from the upper band and Stoch RSI overbought โ†’ decline The price has stopped exactly at the upper resistance of the channel and has begun a correction. This is typical behavior โ€“ the market usually returns to the middle or lower edge of the channel. Stoch RSI on 4H โ€“ has made a strong reversal from the overbought zone โ†’ a signal for a short-term correction has already been generated. 3. Support Levels (most important): ๐Ÿ”ด USD 90,500โ€“90,000 A very important zone โ€“ previous resistance โ‡’ now support. Breakout = increased risk of a deeper breakout. ๐Ÿ”ด USD 88,500โ€“88,000 A strong demand level for the 4-hour period, also aligned with the MA and local lows. ๐Ÿ”ด USD 86,500โ€“87,000 The lower band of the channel โ€“ the most likely place for buyers to become active. 4. Resistance Levels: ๐ŸŸข USD 94,800 Previous local high โ€“ a breakout will be bullish. ๐ŸŸข USD 98,000โ€“98,900 Strong resistance on the chart, likely target after a breakout of the channel to the upside. 5. Scenarios for the coming hours: ๐Ÿ“‰ Correction scenario (more likely based on the Stoch RSI) The price could fall to one of the following zones: 92,000 โ†’ test in progress 90,500โ€“90,000 USD โ†’ main market decision level If it loses 90,000 โ†’ a move to 88,500โ€“88,000 is natural. Deeper correction: test of the lower channel line โ€“ ~86,500 USD. In this scenario, we remain in an uptrend unless the channel breaks below. ๐Ÿ“ˆ Uptrend scenario The current decline could only be: a local correction, a retest of the previous demand zone. Uptrend condition: โžก๏ธ 4-hour candlestick retracement and close above ~94,000 USD. Then the target: 94,800 95,500 and after the channel breakout โ†’ $98,000โ€“$99,000
by cryptodailyuk
1
Gold plans in Asian and European trading sessions1๏ธโƒฃ Trend Lines โ€ข Descending Trend Line (Key Dynamic Resistance) Price has touched this trend line several times but has not broken through, confirming that selling pressure remains dominant. This is a crucial area: if a breakout does not occur, the price could potentially reverse sharply lower. โ€ข Long-Term Ascending Trend Line This is the main bullish structure in the market. A larger decline will likely break through this trend line before the price reacts. 2๏ธโƒฃ Resistance (Red Zone Above) This is the intersection of: โœ“ Descending Trend Line โœ“ Nearest Local Peak (High) This is the best sell zone under current market conditions. Only if the price is able to close the candle with a strong breakout can a bullish reversal be confirmed. 3๏ธโƒฃ Support (Green zone below) This zone has been a recurring price reaction area, serving as important short-term support. If the price breaks through this support zone, the downtrend will likely continue towards the long-term uptrend line. ๐Ÿ“ˆ BUY GOLD: 4167 โ€“ 4165 Stop Loss: 4155 Take Profit: 100 โ€“ 300 โ€“ 500 pips ๐Ÿ“‰ SELL GOLD: 4264 โ€“ 4266 Stop Loss: 4276 Take Profit: 100 โ€“ 300 โ€“ 500 pips
OANDA:XAUUSDShort
by AstronautPioneer
Gold price trend ahead of ADP news release on December 31๏ธโƒฃ Trendline โ–ช Rising Trendline (red / upward slope) Price is moving within a bullish structure, continuously forming Higher Lows. โ†’ This acts as the main dynamic support guiding the uptrend. Price is likely to retest this trendline around 4,145 before continuing upward. โ–ช Falling Trendline (black / downward slope) This is the major dynamic resistance, also overlapping with the extended Fibonacci zone. โ†’ The next potential touchpoint lies near the strong resistance area 4,300โ€“4,340. 2๏ธโƒฃ Key Support โ€“ Resistance Zones โ–ช SUPPORT: 4,145 โ€“ 4,150 Confluence with EMA + trendline. This is a high-probability zone where buyers are expected to defend the price. โ–ช RESISTANCE: 4,335 โ€“ 4,340 Overlaps with the descending trendline. Matches the 2.618 Fibonacci extension. This is the main target of the current bullish structure. โ†’ A reaction or correction is expected when price reaches this area. Trading Plan BUY GOLD: 4145 โ€“ 4148 Stop Loss: 4135 Take Profit: 100 โ€“ 300 โ€“ 500 pips SELL GOLD: 4260 โ€“ 4263 Stop Loss: 4270 Take Profit: 100 โ€“ 300 โ€“ 500 pips
OANDA:XAUUSD
by AstronautPioneer
BTC Short-Term Chart 1H๐Ÿ” 1. Current Market Situation BTC has made a very strong rebound from around ~87,000 and reached the key resistance zone of 92,700โ€“93,200, where the first signs of a slowdown are currently visible. The Stoch RSI on the 1-hour timeframe is heavily overbought, which usually suggests a local correction or at least consolidation. ๐Ÿ”ด 2. Key Resistance Levels (Short-Term) 92,726 โ†’ current resistance; the price has rebounded precisely from this zone. 94,057 โ†’ next strong resistance if BTC breaks above 92.7k. 96,018โ€“96,866 โ†’ strong supply zone; only after breaking this zone will the uptrend resume in full force. ๐ŸŸข 3. Major Supports (Short-Term) 90,379 โ€“ 90,990 โ†’ nearest intraday support zone 89,082 โ†’ strong support that halted the previous decline 87,726 โ†’ key to the upward structure 85,790 โ†’ critical level, a breakout opens the door to a deeper correction ๐Ÿ“‰ 4. Short-Term Baseline Scenario Most likely in the coming hours: โœ” Scenario A โ€“ correction from the current level (preferred) Stoch RSI overbought Price rejected from the 92.7k resistance Large vertical move โ†’ market needs to cool down Correction Targets: 90,900โ€“90,300 โ†’ first TP/buy zone 89,100 โ†’ deeper correction but still healthy. Long signal: Return of h1 candle closes > 91.3k after a pullback. โœ” Scenario B โ€“ breakout of 92.7k and continued growth If BTC breaks and holds above 93,200, upward momentum resumes. Targets: 94,057 96,000โ€“96,800 (strong supply zone โ€“ take profit area)
by cryptodailyuk
1
Scenario after the speech of the FED chairman on December 21๏ธโƒฃ Trendline Ascending trendline (lower black line) This is the main dynamic support of the current trend. Price is retesting the trendline after a strong bounce โ†’ holding above it keeps the bullish structure intact. Descending trendline (upper black line) A strong dynamic resistance from the higher timeframe, aligning with the 2.618 Fibonacci extension. Price reacted and weakened when touching it โ†’ indicating selling pressure emerging. 2๏ธโƒฃ Key Support & Resistance Zones Resistance 4,300 โ€“ 4,315: Confluence of โœ” 3.618 Fibonacci extension โœ” Descending trendline โœ” Previous supply zone โ†’ This is the strongest reversal area. Upside target if broken: โ†’ 4,375 โ€“ 4,380 (Fibo 4.236 + higher-timeframe supply zone). Support 4,192 โ€“ 4,200: โœ” Demand zone โœ” Confluence with EMA + retest of ascending trendline โ†’ This is the short-term support. 4,125 โ€“ 4,130: โœ” Confluence with major ascending trendline โœ” 1.618 Fibonacci extension โ†’ This is the strong support โ€“ target if breakdown occurs. 3๏ธโƒฃ Fibonacci Structure The previous bullish wave completed a classic Fib extension pattern: โœ” 1.618 โ†’ 4,127 โœ” 2.618 โ†’ 4,219 โœ” 3.618 โ†’ 4,310 โ†’ This reflects a fully extended wave, increasing the probability of a correction. 4๏ธโƒฃ Price Scenarios Scenario 1 (primary โ€“ correction expected) Price rejects strongly at 4,300 โ†’ ๐Ÿ”ป Drops to 4,192 โ†’ if broken โ†’ moves toward 4,125 (major bounce zone). Scenario 2 (bullish breakout) If an H4 candle closes above 4,310, the move may extend toward 4,375 โ€“ 4,380. Trade Ideas BUY GOLD : 4193 โ€“ 4191 Stoploss: 4183 Take Profit: 100 โ€“ 300 โ€“ 500 pips SELL GOLD : 4300 โ€“ 4303 Stoploss: 4313 Take Profit: 100 โ€“ 300 โ€“ 500 pips
OANDA:XAUUSD
by AstronautPioneer
BTC/USDT 4H Chart Review๐Ÿงญ 1. Main Market Structure The chart shows: A broad downward channel that has been in place since the end of October. The price bounced off the upper line of the channel, made a local upward impulse (orange trend line), and then broke it, returning back towards the lower regions of the channel. โžก๏ธ This means that the dominant trend is still downward, and upward bounces are corrections. ๐Ÿงจ 2. Current Chart Situation BTC has broken through: the local uptrend (orange line) fell below the 88,500โ€“89,000 zone (green) is heading towards further support levels Currently, the price looks like a typical retest of the broken structure and a continuation of the decline. ๐ŸŸฉ 3. Key Price Levels (S/R) Resistance (upper โ€“ green): 91,600 โ€“ 92,000 โ€“ key level, a breakout would negate the local downtrend 95,000 โ€“ 97,500 โ€“ upper range of the descending channel Support (lower โ€“ red): 85,300 โ€“ 85,800 โ€“ local support (price is currently reacting here) 83,000 โ€“ 83,100 โ€“ strong horizontal support 79,800 โ€“ strong support, historically strong in this timeframe 76,600 75,000 โ€“ lower band of a potential drop + near the lower boundary of the channel โžก๏ธ The most logical downside targets are 83,000 and 79,800. ๐Ÿ“‰ 4. Descending Channel (black) (lines) The price has rebounded from the upper range of the channel and is heading towards the lower range. The middle line of the channel has been broken down โ†’ a signal of trend continuation. The lower boundary of the channel indicates a potential low around 75,000โ€“78,000. ๐Ÿ”„ 5. Stoch RSI Currently oversold in the oversold zone, it is starting to curve upwards. In a downtrend, long signals are weaker, but a short-term rebound is possible. ๐Ÿงญ 6. Scenarios ๐Ÿ“‰ Bearish scenario (more likely) Technical rebound to 88,500 โ€“ 89,000 Rejection from this zone โ†’ continued decline Targets: 83,000 79,800 Extremes: 76,000 โ€“ 75,000 โžก๏ธ This scenario is consistent with the trend and a rebound from the upper channel.
by cryptodailyuk
1
How did gold move in the first week of December? CONCISE & COMPREHENSIVE TECHNICAL ANALYSIS 1. Trend Lines Ascending trend line (lower black line) This is the main dynamic support of the current uptrend structure. The price has bounced off this trend line several times โ†’ the short-term trend remains bullish as long as this line is not broken. Major descending trend line (upper black line) This is strong dynamic resistance on larger time frames, and the price recently touched this area. This is an area where selling pressure frequently arises. 2. Support โ€“ Resistance Resistance 4,243โ€“4,245 (red zone): This is the confluence of the previous peak and the descending trend line โ†’ selling pressure appears right in this area. 4,315โ€“4,320 (next major resistance): If this area is broken, the price will likely head towards 4,375โ€“4,380. Support 4.147โ€“4.150 (green zone confluence): Confluence of moving averages, the nearest swing low, and Fibonacci levels โ†’ important support that maintains the bullish structure. 4.105โ€“4.120 (lower trendline): If the price breaks through this area โ†’ the short-term trend has the potential to turn bearish. 3. Fibonacci Fibonacci 0.618 = 4.194 โ†’ Area with a high probability of a rebound if the price corrects. Fibonacci 0.5 = 4.135 โ†’ Confluence with strong support + trendline โ†’ potential buy zone if a deeper pullback occurs. 4. Price Scenarios Scenario 1 โ€“ Continue Upward (Priority) If the price remains above 4,200โ€“4,215, there is potential for a retest: โžก๏ธ 4,230 โ†’ 4,315 โ†’ 4,375 Scenario 2 โ€“ Downward Correction If the price breaks through 4,190 and breaks through the green zone of 4,144โ€“4,150, then: โžก๏ธ Risk of a downward movement towards the 4,105โ€“4,120 trend line ๐Ÿ“Œ Trading Plan BUY GOLD: 4,148 โ€“ 4,250 Stop Loss: 4,138 Take Profit: 100โ€“300โ€“500 pips SELL GOLD: 4,313 โ€“ 4,315 Stop Loss: 4,325 Take Profit: 100โ€“300โ€“500 pip
OANDA:XAUUSD
by AstronautPioneer