Bitcoin Bullish Confirmation Above $119500 | Watch November MoveBitcoin is currently trading below a key resistance level of **$114,500**, and a **strong Monday closing on 13 October above this level** is crucial for confirming a short-term bullish recovery.
If BTC successfully closes above **$114,500**, the next important resistance will be around **$119,500**.
A **Monday closing on 20 October above $119,500** would confirm a temporary bullish structure, giving Bitcoin the strength to test higher levels toward the **$127,600 liquidity zone** in November.
Currently, major liquidity is sitting near **$124,600 and $127,600**, which might attract price movement before any major reversal begins.
The market has already taken liquidity around **$101,000**, trapping retail sellers — and now, it may move up to grab the **short-side liquidity** before the next larger downtrend begins.
⚠️ **Be patient and stay disciplined. Avoid long positions for now.**
Focus on the market’s move toward the top, and prepare for **short positions near the highs** to capture the **2026 bear market** — which is expected to last from **September to November 2026**.
📊 The market often manipulates both sides before showing the real direction. Watch levels carefully and trade with confirmation.
💬 **Follow me on TradingView** for more Bitcoin and Ethereum updates — and comment below which coin you’d like me to analyze next!
Technical Analysis
AUDUSD Eyes 0.64800 Support as Bullish Structure Holds FirmHey Traders,
In today’s session, we’re closely monitoring AUDUSD for a potential buying opportunity around the 0.64800 zone. The pair continues to trade within a broader uptrend, and the current pullback appears to be a healthy correction toward a key support and resistance confluence near 0.64800.
A sustained reaction from this level could reaffirm the bullish structure, opening the door for a continuation toward recent highs if momentum aligns with a weaker USD backdrop.
Trade safe,
Joe.
YTHUSDT Analysis – The Biggest Market Crash Yet!👋 Welcome to TradeCityPro Channel!
🌐 Overview of Bitcoin
Before we begin, let me remind you that we’ve moved the Bitcoin analysis section to a separate daily report at your request, so we can go into more detail about Bitcoin’s condition, price action, and dominance:
🌙 Last night, the crypto market witnessed a massive liquidation of nearly $19 billion, marking one of the biggest crashes in the history of digital assets.
📈 At this point, trading or buying in these zones isn’t logical it’s better to stay out of the market for a few days, watch the price action, and let volatility settle before making any moves.
🔥 Weekly Time Frame
After a 92% drop from its all-time high, PYTH is currently consolidating below the resistance level at $0.1851.
This area is crucial it’s acting as both a psychological and technical barrier where the next trend direction will be defined.
🟢 Spot & Long Entry Setup
⛏ If this weekly candle turns green and we see confirmation, that could become one of the best bullish triggers for accumulation.
However, the main confirmation will be the breakout above $0.1851, which would give us a solid long entry setup.
✍️ Personally, I’m planning to open a long futures position once $0.1851 breaks, and if we later break above $0.2532, I’ll use my futures profits to buy PYTH in spot and hold for a potential longer-term recovery.
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Support and Resistance VS Supply and Demand Explained
In the today's post, I will compare support and resistance levels with supply and demand zones.
I will explain to you the difference between them and share important tips and examples.
What are support and resistance levels?
We also call them key levels. These are particular levels on a price chart from where in the past we saw significant bullish or bearish movements.
Key support will be a one single level, that has a historical significance and from where a bullish reaction will be anticipated.
The all-time low on USDCHF will be a perfect example of a key support.
It is one single level that was respected one time in the past and from where a bullish reversal initiated.
Key resistance will be a one single level on a price chart that has a historical significance and from where a bearish movement will be expected.
The all-time high on Gold will represent a key horizontal resistance.
That level was respected one time in the past and from that level exactly the market dropped heavily.
What are supply and demand zones?
In comparison to support and resistance levels, supply and demand zones are the areas on a price chart. The zones that are based on multiple touches and consequent strong bullish or bearish reactions.
Demand zone will be the area that was tested at least 2 times in the past, and the price should strictly respect different price levels within that area.
A similar reaction will be anticipated from the demand zone in the future.
The yellow area above will a good example of a demand zone.
You can see that the price tested that area 3 times, and each time the market respected different levels lying within that.
These 3 tests compose the demand area.
Supply zone will be the area that was tested at least 2 times in the past and the price should strictly respect different price levels within that area.
A similar reaction will be anticipated from the demand zone in the future.
In this example, a supply area on EURUSD is based on 2 touches of key levels, lying very close to each other.
On the chart above, I underlined 2 horizontal support levels - the single levels that were respected by the market multiple times, and a supply zone - the area that is based on tests of multiple levels lying close to each other.
Support and resistance levels give you SINGLE levels from where you can look for trading opportunities. While supply and demand zones represent the areas . After a test of a supply and demand zone, the market may react to a RANDOM level within that.
For newbie traders, it is highly recommendable to trade single key levels, while experienced traders can broaden their strategies and trade supply and demand zones as well.
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
BTCToday, BINANCE:BTCUSDT.P dropped by around 17%. It may fall further, or it may not — but one thing I know for sure: market panic has always been my most profitable time. When fear dominates and the entire market is crashing, that’s when the best opportunities appear.
If you panic — you’re far from professionalism. If you enter, take your profit, and calmly move on — that’s a sign of skill. In trading, professionalism isn’t optional; without it, you won’t survive — and sometimes that’s quite literal.
So, in times like these — when some made quick profits, others took heavy losses, and only a few truly gained — I’ll share a thought that changed my mindset years ago. After losing a significant amount, I realized that was the true cost of the trading education I once wanted to buy.
Trade with minimal risk and invest the rest in your learning — it’s always the right investment.
And just to be clear — I don’t sell courses, and this message isn’t for profit.
It’s genuine advice. Have a great day.
TradeCityPro | NEARUSDT Ready for a Spot Buy!👋 Welcome to TradeCityPro Channel!
Let’s take a look at NEAR, which is currently moving nicely within a strong daily box, and it seems like a breakout could happen any moment!
🌐 Overview of Bitcoin
Before we begin, let me remind you that we’ve moved the Bitcoin analysis section to a separate daily report at your request, so we can go into more detail about Bitcoin’s condition, price action, and dominance:
📆 Daily Time Frame
Keep in mind that weekly and daily boxes in crypto charts are very important, because the breakout from these zones usually defines the start of a major trend.
Typically, the target range after a breakout is about the same size as the box itself for example, if the box is 10%, we might expect a similar 10% move after the breakout.
Currently, in the daily time frame, NEAR is moving inside a large box between $1.891 and $3.172, while forming higher lows, which is a bullish sign.
Recently, it also found support at the box midline, which is another strong signal of buyer activity, and the price is following a parabolic curve pattern, showing building momentum.
🚀 Spot & Long Position Setup
If NEAR breaks above $3.172, that’s our main trigger to enter a spot buy and even open a long futures position this breakout could mark the start of a strong bullish leg.
🔻 Short Position Setup
However, if the parabolic curve breaks and the price forms a lower high, then a break below $2.616 in lower time frames could trigger a short position opportunity, signaling a potential pullback phase.
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
BTC/USD Bullish Reversal Setup from Demand Zonea potential bullish retracement setup on Bitcoin (BTC/USD) in the 1-hour timeframe. After a strong bearish move, price entered a highlighted demand zone, suggesting a possible short-term reversal. The projection shows a rebound from this support area toward Target 1 (118,472) and Target 2 (119,404), with a Stop Loss positioned below the recent swing low at 115,628.
SOL | Network Strength Meets Market MomentumSolana (SOLUSDT) continues to show resilience as both technical and fundamental factors align for potential upside. On the technical side, the market has completed a controlled correction phase, suggesting liquidity buildup below recent lows. The structure remains bullish, with increasing volume and price stability hinting that buyers are regaining control. Fundamentally, Solana’s network growth and strong developer activity have reinforced investor confidence, supported by rising on-chain activity and ecosystem expansion in DeFi and NFTs. This combination of solid fundamentals and technical structure indicates the possibility of another bullish leg, with SOL positioning itself for a gradual climb toward the $240–$250 range in the near term.
SPY Reaches 2-year Final Target #3 (670) and DropsTrading Fam,
I promised a video update this week. However, due to unforeseen issues with my streaming app, I have opted for a static post instead. Apologies but I'll go through updates on our chart, explaining where we are, and where we might be headed next.
We'll start here with the weekly. I want you to focus in on the yellow Elliot Wave pattern. All along I have stated that I am no Elliot Wave expert. However, I seem to have gotten it right this time ...at least so far.
The first wave starts around Dec. of 2018. We dipped harshly during COVID and that completed our wave (2). The third wave is often long and extended and we hit our top in Jan. 2022. Wave (4) then gave us our dip and the start of our Cup and Handle seen in pink. I don't know much but I do know wave (5) is often equal or greater than (3). I started looking for a final target for wave (5). My Cup and Handle soon offered that target to me.
So now let's zoom into the daily:
You can see Target #1 was nearly hit. You'll remember I sold here due to nearly touching that white uptrend. I waited for the dip back into support (RED) and re-entered focusing in on Target #2 which also coincided with price hitting that white trendline and being rejected. We bounced on that red support again and double-topped. This time we broke through our red support and came all the way down to another support which I expected to hold (white). It did. I then knew we were on our way to Target #3. But I've stated all along that I did not think we'd break back above that previous red support which now has become massive resistance. So far, I have been right. The Cup and Handle pattern also gave me that 670-700 target. Nailed that as well.
Could we go higher? Absolutely. That's what blow-off tops do. They often surprise the market with one final wild ride. Everyone piles in out of FOMO. And I have expected a final price of up to $700 SPY all along. Will this happen? Remains to be seen. But my experience has taught me that we are near the top. And since, I am satisfied with a price of $670 being that this is the beginning of my third and final target box, I pulled most of my personal money out a few days ago. My main goal now is to avoid greed and preserve capital. That is what I will do until the market tells me otherwise.
I want to take one final look at our monthly chart:
See that thick white trendline that starts in 2009? That is the beginning of our secular bull market. This next part is going to sound insane but that is often the case when you read what I write, we could technically drop all the way down to SPY 300, over 55% from where we are right now, and STILL be in a bull market! Can you imagine how many traders will start to scream that the world is ending? And yet, technically the market will remain bullish. Crazy to think about, but definitely worth noting.
✌️Stew
DXY Ready for Next Bullish Leg After Liquidity SweepDollar Index maintaining bullish structure after recent BOS on 3H timeframe.Market formed consolidation phase early October before expansion.Buyers showing control pushing price towards 100.57 objective.Current retracement indicates liquidity grab before next bullish impulse.Demand zone 98.50–98.80 remains key area for continuation.Technical sentiment stays positive as long as price holds above 98.50.Fundamentally, dollar supported by strong U.S. data and cautious global tone favoring safe-haven demand.Momentum outlook remains bullish with potential continuation toward 100.50+ zone.
XAU/USD | Gold Recovers After Sharp Selloff (READ THE CAPTION)By analyzing the Gold (XAUUSD) chart on the 30-minute timeframe, we can see that yesterday, following the announcement of peace between Hamas and Israel, gold experienced a sharp drop — falling from $4029 to $3943, which means a decline of over 850 pips (and about 1140 pips from the $4058 level!).
After reaching the demand zone between $3941 and $3951, buyers stepped in, pushing the price back up to around $4022. Following this strong rebound, gold has started a short-term correction back toward the $4000 level.
Now, the key question is whether the price can hold above $3994 — if it does, we could see another bullish move.
The next upside targets are $4006, $4016, and $4028.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
Rising Diagonal Pattern Near CompletionAUD/USD Elliott Wave Analysis – Rising Diagonal Pattern Near Completion
Overview
The AUD/USD pair has formed a clear ending diagonal pattern, signaling potential exhaustion of the current bullish trend. This structure, often seen at the final stage of an impulse wave, suggests that a corrective phase may soon follow. The diagonal appears complete with all five internal waves labeled (I-V), indicating that the market might be preparing for a deeper pullback.
Technical Analysis
According to the Elliott Wave structure visible on the 6-hour chart, AUD/USD completed its fifth and final wave near the 0.67 region. The wedge pattern is now narrowing, with bearish divergence hinting at weakening bullish momentum.
Wave Structure:
Wave I started the diagonal formation, initiating the rising trend.
Waves II and IV acted as corrections, forming higher lows.
Wave V extended slightly but failed to make a strong breakout, suggesting exhaustion.
The price currently trades near 0.6560, with a potential retracement zone between 0.6450 and 0.6500. This range coincides with a strong demand zone and the lower boundary of the diagonal pattern. A pullback into this area could complete the corrective (A)-(B)-(C) structure before the next major directional move.
Key Levels
Support Zone: 0.6450 – 0.6500
Immediate Resistance: 0.6650 – 0.6680
Breakout Confirmation: A sustained break below 0.6450 could confirm the end of the diagonal and open the door toward 0.63 in the medium term.
Invalidation: A breakout above 0.67 would invalidate the bearish correction scenario.
Market Outlook
The diagonal’s completion suggests that the pair may enter a short-term correction phase. However, traders should monitor price action near the support area before confirming the next trend direction. If buyers defend the 0.6450 zone, a rebound toward 0.6650 is likely. Conversely, a clear break below the wedge would strengthen bearish momentum.
Given the overall wave count, the market is likely in transition between an impulsive and a corrective phase. Patience is crucial at this stage, as the next few sessions will determine whether the larger uptrend resumes or a deeper retracement unfolds.
Dash Is Waking Up Strongly As AnticipatedWe talked about the bottom formation on Dash back on August 11, where we mentioned and highlighted that it's recovering from June lows out of the downtrend channel, which suggested that the impulsive decline from the 2024 highs has ended.
Dash is now in a massive rally, waking up strongly, so it's most likely in wave 3 of a five-wave bullish impulse that can extend the price even up to 70 area, we will just have to be aware of wave 4 pullback around 50-55 area. ALTseason can be here. Can other ALTcoins follow soon?
Dash is a cryptocurrency launched in 2014 that focuses on fast, low-cost payments and privacy. It uses a two-tier network with miners and “masternodes” to enable features like InstantSend (near-instant transactions) and PrivateSend (optional privacy). It started as a fork of Bitcoin.
Dollar Index (DXY): More Growth is Coming
Dollar Index keeps recovering.
The market managed to violate a significant resistance cluster yesterday
and closed above that.
It opens a potential for more rise.
The next historic structure is 100.0.
The index will aim at that next week.
❤️Please, support my work with like, thank you!❤️
$ETH Update !!CRYPTOCAP:ETH Update
#Ethereum is facing significant resistance between $4,450 and $4,550. After rejecting the recent local highs, it’s currently holding the 55 EMA (green) as short-term support. However, it’s getting squeezed between the 21 EMA (yellow) above and a high-volume node on the Volume Profile, which acts as a heavy liquidity zone.
If ETH fails to reclaim the high-volume node and starts closing below the 55 EMA, we might see further downside towards the $4,200 support area.
ETH has already broken structure to the downside, showing weakness. If price closes below $4,397 (Value Area Low of the current range), we could see a continuation toward the $4,200 bullish FVG zone.
Key Levels to Watch:
Resistance: $4,450–$4,550
Support: $4,250
A break below $4,397 confirms more downside toward $4,200.
CRYPTOCAP:ETH BITSTAMP:ETHUSD BINANCE:ETHUSDT
GOLD (XAUUSD): Correction is Over?!
Looks like Gold has completed a correctional movement
that it initiated yesterday.
A confirmed bullish Change of Character on a 4h time frame
that happened after a test of a strong intraday support suggests
a strong bullish pressure.
I expect a rise to 4039
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
S&P 500 Watching 6,700 Support as Seasonal Tailwinds Strengthen.Hey Traders,
In today’s session, we’re keeping a close eye on US500 for a potential buying opportunity around the 6,700 zone. The S&P 500 remains firmly in an uptrend, with price currently in a healthy correction phase approaching a key support and trend confluence near 6,700.
Beyond the technical setup, seasonality adds a bullish layer — over the past 15 years, the S&P 500 has advanced 14 times in October to early November, averaging significant gain during this window.
If history rhymes, the current pullback could offer a compelling buy-the-dip opportunity into one of the market’s strongest seasonal periods.
Trade safe,
Joe.
US30 Eyes 46,200 Support as Bulls Prepare for Next Leg Higher!Hey Traders,
In today’s session, we’re monitoring US30 for a potential buying opportunity around the 46,200 zone. The Dow Jones remains within a clear uptrend, and price is currently in a healthy correction phase, approaching a key confluence of support and trendline structure near 46,200.
A sustained reaction from this level could signal a continuation of bullish momentum in the broader equity market.
Trade safe,
Joe.
USDCHF: Overbought Market & Pullback 🇺🇸🇨🇭
There is a high chance that USDCHF will retrace from the underlined
horizontal daily resistance.
A cup & handle pattern formation on that on an hourly time frame
suggest an overbought state of the pair.
Goal - 0.8037
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
XAUUSD – Breakdown After Ceasefire & Fed Comments📉 Market Overview
Gold (XAUUSD) dropped over 2%, sliding from $4,012/oz to $3,945/oz, marking a sharp $67 decline overnight.
The selloff came as two key catalysts hit the market:
🕊 Israel–Hamas ceasefire agreement cooled down geopolitical tensions.
💬 Fed’s Barr pushed back against October rate cuts, sending USD higher and pressuring gold.
Despite the drop, price action suggests a temporary corrective phase, with gold now stabilising near a short-term support zone.
📊 Technical Structure (MMFLOW View)
Gold has confirmed a Head & Shoulders (H&S) breakdown pattern, with a neckline retest around $4,014 – $4,033 acting as resistance.
After the breakdown, price rebounded slightly but continues to trade below the structure, showing that bears remain in control short-term.
The short-term support zone sits around $3,945, and if broken, could accelerate the decline towards $3,912 – $3,885, aligning with deeper liquidity areas.
🔑 Key Zones to Watch
Resistance (Breakdown Zone): 4,014 – 4,033
Support (Short-term): 3,945 – 3,912
Liquidity/Buy Zone: 3,885 – 3,878
💡 MMFLOW Trading Scenarios
🔵 BUY SCALP Zone: 3,912 – 3,910
🔴 Stop Loss: 3,905
✅ Take Profit: 3,916 – 3,920 – 3,925 – 3,930 – 3,940 – 3,950 – ???
Trading View:
The market is still digesting recent fundamentals; volatility remains high.
A short-term rebound from 3,910 is possible as liquidity builds up near this demand zone.
However, unless price reclaims 4,014, any bounce may only be corrective before further downside continuation.
🧭 MMFLOW Insight
Even though gold faces bearish momentum, macro risks still support a long-term bullish narrative:
U.S. government shutdown risks remain unresolved.
Fed may turn dovish later in Q4 if labour data weakens.
Liquidity gaps below $3,900 could attract smart money accumulation zones.
⚠️ Trading Notes
✅ Always set Stop Loss – NFP-style volatility can occur post-Fed comments.
✅ Avoid chasing after breakdown candles. Wait for pullback entries at key levels.
✅ Be patient — the best setups form when liquidity is fully absorbed.
📍 Summary
Gold continues to trade under pressure after geopolitical easing and hawkish Fed tones.
Watch for price action around $3,910 – $3,945; this range will likely define the next major impulse.
Stay alert — once liquidity clears, MMFlow will be watching for smart-money reentry signals from key OB/CP zones.
$SPY / $SPX Scenarios — Friday, Oct 10, 2025🔮 AMEX:SPY / SP:SPX Scenarios — Friday, Oct 10, 2025 🔮
🌍 Market-Moving Headlines
🚩 Consumer pulse check: UMich prelim sentiment drops back into focus — inflation expectations will steer bond yields & risk tone.
📉 Shutdown drag: Budget data may stay delayed — leaving traders to anchor on Fed commentary & macro positioning.
💬 Fed watch: Goolsbee’s remarks could frame how policymakers interpret slowing sentiment versus resilient inflation.
💻 End-week flows: Re-balancing pressure + light liquidity could magnify afternoon swings in AMEX:SPY and $QQQ.
📊 Key Data & Events (ET)
⏰ 9:45 AM — Austan Goolsbee (Chicago Fed) opening remarks
⏰ 🚩 10:00 AM — UMich Consumer Sentiment (Prelim, Oct) — Forecast 60.4 | Prior 53.5
⏰ 2:00 PM — Monthly U.S. Federal Budget (Sept) subject to delay due to shutdown
⚠️ Disclaimer: Educational / informational only — not financial advice.
📌 #trading #stockmarket #SPY #SPX #Fed #Goolsbee #UMich #sentiment #budget #shutdown #bonds #Dollar #economy #megacaps






















