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XRPUSD formed the Triangle pattern. The price may increase.XRPUSD formed the Triangle pattern. The price may increase.
XRPUSD has been declining since July 23, reaching the lowest mark at 2.72000 on August 3. Since then the price started to form the triangle pattern. It is not a reversal chart pattern, however, RSI indicator started to show some strength of the bullish momentum. In this case, if the price breaks through the SMA200 on hourly chart and holds above it and the level of 3.00000, the following rise towards 3.20000 is expected.
BTCUSD manages to hold the lower border of the – Rebound LikelyBTCUSD manages to hold the lower border of the descending channel, ready to rebound.
BTCUSD broke below 116,000.00 support level on August 1 and declined towards 112,000.00 support level. Afterwards, the asset successfully rebounded from it. Although, we noticed 2 false breakouts of the channel, in general the asset tries hold itself within the descending channel, still showing us the strength of this formation.
Here, the rebound towards 118,000.00 level is expected with intermediate consolidation slightly above the 116,000.00. In the long term, the asset still moves within the descending channel, so no new long-term bullish momentum is expected.
ETHUSD holds 3,550.00 support level and continues to grow.ETHUSD holds 3,550.00 support level and continues to grow.
Since August 1 the asset has been trading below the support level of 3,550.00. On Monday the asset broke through this level from below, establishing the false breakout of this level. A false breakout is when an asset’s price pops past a major support or resistance line but then flips back fast, not sticking with the move. It tricks traders into thinking a big trend’s kicking off, only to burn them when the price slides back to where it was.
On August 6 ETHUSD has successfully rebounded from the 3,550.00 support level and is currently developing short-term bullish momentum. The price is expected to grow towards 3,800.00 and 4,000.00 as a final target.
GBPUSD 4H: retest done - bearish continuation beginsOn the 4H chart, GBPUSD has completed a textbook head and shoulders pattern. The neckline has already been broken, and the price is now finalizing a retest around 1.3365–1.3380, where the 0.5 Fibo level also lies. This confirms a trend reversal, with the market preparing for the next leg down.
MA and EMA are above the current price, adding pressure to the downside. RSI remains neutral, and volume is shifting in favor of bears. The key resistance zone at 1.3365 has been tested from below, and the price is beginning to roll over - a classic bearish continuation signal.
Targets: 1.3240 first, then 1.3150 and potentially 1.2 870 if momentum builds. The invalidation point is a close above 1.3365, which is not likely at this stage.
Fundamentals support the move: the dollar remains strong as the Fed holds its hawkish stance, while the UK economy continues to show weakness across services and manufacturing.
Neckline broken ✅
Retest done ✅
Momentum building ✅
The setup is complete — time to follow the structure.
BTC 1H Analysis – Key Triggers Ahead | Day 2💀 Hey , how's it going ? Come over here — Satoshi got something for you !
⏰ We’re analyzing BTC on the 1-hour timeframe .
👀 After the strengthening of the US dollar , Bitcoin experienced a drop and formed a short-term support bottom around the $113,000 level . It is currently completing a pullback to the levels of this recent decline .
🎮 Our Fibonacci retracement is drawn from the breakout zone to the $112,200 bottom . Bitcoin broke below the 0.236 level and then found support . The best potential entry trigger, based on Fibonacci, is at the 0.382 level, or around $115,000 . If Bitcoin breaks above this level , it could form a higher high and a higher low in this timeframe .
⚙️ The RSI is showing a support level around 32 , which is currently preventing Bitcoin from entering the oversold zone . However , if this support is lost , Bitcoin could move into oversold territory .
📈 Our long position trigger is at the 0.382 Fibonacci level . A confirmed breakout of this level , combined with RSI overbuying and increased volume , would be our entry signal .
📉 Our short position trigger is around $113,000 . If this support breaks , we may open a short position . However, the main short trigger is at the 0 Fibonacci level ( support at $112,200 ) . If selling pressure increases and RSI enters the oversold zone , we will consider entering a short position with confirmation .
❤️ Disclaimer : This analysis is purely based on my personal opinion and I only trade if the stated triggers are activated .
TradeCityPro | Bitcoin Daily Analysis #145👋 Welcome to TradeCity Pro!
Let’s get into Bitcoin analysis. Yesterday, Bitcoin was rejected from the zone I had mentioned, and today it will probably begin its new downward move.
⏳ 4-Hour Timeframe
In yesterday’s analysis, I told you that a pullback to SMA25 and the 0.5 Fibonacci zone was possible. That happened, and now, given the current candle, the probability of a corrective scenario has increased.
✔️ I still won’t open any position on Bitcoin and am waiting for it to exit the box between 110000 and 116000. But if certain conditions occur in the market, I might open a position inside this box as well.
✨ First of all, Bitcoin is still above the 111747 support, which is a very important support zone. As the price reaches it, there’s a chance it gets stuck there again.
📊 On the other hand, seller strength is very high, and as you can see, the RSI has been rejected from the 50 ceiling, and a red engulfing candle with very high volume is forming — all of which indicate the power of sellers.
🔽 I still stand by my opinion that as long as the price is above 110000, I won’t open a short position. But for a long position, we can move to the 1-Hour timeframe to review the trigger that has formed.
⏳ 1-Hour Timeframe
Before reviewing the triggers, there’s a very important point that explains why I currently prefer to remain without a position.
💫 Bitcoin in the HWC and MWC cycles has a very strong upward trend. Right now, in the LWC, it’s moving downward. So this Fibonacci drawn on the bearish leg doesn’t really mean much and won’t give us very strong and accurate resistances.
🔍 On the other hand, the LWC is moving against the higher cycles — meaning the higher cycles are stronger. That’s why shorting doesn’t make sense, since it’s against the main market cycle.
🔑 But also, since LWC has gained downward momentum, long positions — if not set with wide stop-losses — will likely get stopped out, because this momentum may cause small downward legs that hit stop-losses.
👀 So opening a long position is also difficult right now, and that’s why I say it’s better to wait for the price to move out of the 110000 to 116000 range, and then enter a position more comfortably.
🎲 If the price goes below 110000, we’ll receive the first sign of a trend reversal in the MWC, and then we can open short positions. And if it goes above 116000, LWC becomes bullish again and the continuation of the uptrend can begin.
Let’s now go to the triggers:
📈 The trigger we have for a long position is 115327 — an important ceiling that overlaps with the 0.5 Fibonacci level and has been touched several times.
☘️ If we get another touch to this level, I myself will likely try to open a long position, and I think it’s a good entry point that’s worth the risk to anticipate a breakout of 116000.
🔽 For a short position, a break below the 112205 low will start the continuation of the correction. I won’t open this position myself, but if you believe Bitcoin wants to reverse its trend, this is a very good trigger in terms of price level and you can open the position.
❌ Disclaimer ❌
Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel.
Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
USOIL drops on rising supply and demand concernsUSOIL drops on rising supply and demand concerns
Oil prices fell Tuesday as OPEC+ planned a 547,000 bpd output increase for September, overshadowing potential Russian oil supply constraints from U.S. policies. Brent and WTI crude dropped to their lowest in a week, marking a fourth consecutive decline. OPEC+’s reversal of 2.5 million bpd cuts, combined with weak demand outlooks due to U.S. recession risks and China’s lack of new stimulus, pressured prices. Trump’s threatened 100% tariffs on Russian crude buyers like India, which imports 1.75 million bpd, heightened trade tensions but failed to lift oil prices. Analysts warn U.S. tariffs could further weaken global growth and fuel demand.
USOIL shows some in-moment strength on RSI on 1-h chart, the price may rebound towards sma200 at 6,700.00. However, in long-term perspective, low oil price is expected. Eventually, the price may decline towards level of 6,000.00.
XAUUSD shows bearish divergence. Minor correction or sign of a rXAUUSD shows bearish divergence. Minor correction or sign of a reversal?
On August 4 gold continued bullish momentum, started on August 1 after disappointing nonfarm payrolls report came out that heightened fears about the U.S. economy’s health. Investors now see a 94.4% likelihood of a Federal Reserve rate cut in September. Gold gained further support due to doubts about the Fed’s autonomy after Governor Adriana Kugler resigned on August 1, opening the door for President Trump to appoint a successor who may support his push for lower interest rates. The metal’s safe-haven status was also bolstered by trade tensions, as Trump’s new tariffs on exports from numerous trading partners are scheduled to begin on August 7.
Despite this, in short term gold looks bearish. The price has failed to break through the intermediate level of 3,380.00 and currently trades slightly below this level, showing bearish divergence. The decline towards the SMA50 with further rise towards 3,440.00 is expected here. Second option (less probable) is the price comes back to a level of 3,300.00.
XAUUSD – Decision Zone Between $3,395 & $3,362Gold continues to trade within a defined structure, now pulling back from local highs after rejecting near the open. Price is approaching key support just above $3,362, which now acts as the decision point for the next leg.
Buyers held this zone previously, but momentum has weakened and the next move will be critical:
→ $3,395.76 is the upside trigger; a confirmed 30m close above could open the door toward $3,407 and higher
→ A failure to hold $3,362.60 support would expose $3,358 and possibly accelerate a bearish continuation
→ The structure remains range bound, but compression is building beneath resistance
This is a pivotal zone for gold short term. Either bulls reclaim control with a strong breakout above $3,395 or sellers step in on a confirmed breakdown below $3,362 to reset structure lower.
#XAUUSD #GoldAnalysis #PriceAction #BreakoutLevels #SupportResistance
SOLUSDT 1D - Bulls back in control with Golden Cross and channelOn the daily chart, SOLUSDT is forming a bullish continuation structure. After the Golden Cross (MA50 crossing MA200), the price is now pulling back toward the midline of the ascending channel and the 0.5 Fibonacci level at 166.38. This confluence with the broken trendline and 200 EMA makes this zone a prime technical area of interest.
Support: 166.38 (0.5 Fibo), EMA200 (161.77), broken trendline
Resistance: 182.84–189.67 (Fibo 0.705–0.79), 206.54, target - 255.93 (Fibo 1.618)
This retracement looks healthy, supported by higher volume during the prior bullish leg. As long as the 166.38–161.77 zone holds, continuation toward 206.54 and potentially 255.93 is on the table.
Fundamentally, Solana remains a key L1 narrative with strong traction in DePIN and AI-linked dApps. The rising TVL and investor sentiment support the trend.
Watch price action around 166 for confirmation - this is the battleground.
FET on Fire: Volume-Backed V-Pattern Breakout in 4H Structure💀 Hey , how's it going ? Come over here — Satoshi got something for you !
⏰ We’re analyzing FET on the 4-hour timeframe .
👀 After breaking out of its range around $0.75, FET experienced a solid upward move , reaching $0.876 . However , it was rejected from that level and faced heavy selling pressure , eventually forming a consolidation box on the multi-timeframe .
The break of this box, accompanied by rising volume and a total market structure break , led to a move toward the $0.778 resistance , where the price dropped again — this time with significant sell volume .
🎮 The Fibonacci levels in this chart are drawn based on volume-based market activity — specifically from the candle where the sell-off began to the candle where selling pressure ended and a reversal candle formed .
It may sound a bit technical , but the 0.236 Fib level acted as a key V-pattern resistance , which was beautifully broken with a strong $2,571,800 volume, and the candle closed above it .
Following that , traders showed reactions to this level , and the liquidity absorption can be seen in the form of wicks .
🔑 The next important zone is the 0.382 Fibonacci level at $0.675, where we see two possible scenarios :
Reaction and pullback , followed by a breakout .
Breakout first , then a pullback .
You can also place a buy stop at this level — just make sure to use a wider stop-loss .
⚙️ The structure is looking relatively good . The 61.9 RSI region could cause some noise in lower timeframes , but the key area is RSI 70 , which is the entrance to the Overbought zone .
🔼 Volume has been decent , especially considering today is Saturday and a weekend session . This adds more confirmation to the breakout of the V-pattern and the potential end of the correction .
🖥 Summary :
FET is one of those coins with strong recovery potential , operating in the AI sector . It tends to respect classic price action patterns , and with well-drawn Fibonacci levels , volume confirmation , and RSI moving into Overbought , it often activates buy-stop positions cleanly .
💡 Disclaimer :!!! .
From Fakeout to Takeoff: How the V-Pattern REALLY WorksEver seen a support level break, only for the price to rocket back up in a V-shape? That’s the V-Pattern in action! In this post, Skeptic from Skeptic Lab breaks down the step-by-step mechanics of this powerful setup. From the fakeout that traps short sellers to the surge of buy orders from liquidations, you’ll learn exactly how buyers flip the script and create explosive reversals. Perfect for traders looking to spot high-probability setups. Join me to decode the markets—check out the steps and level up your trading game!
BTC Hourly Analysis – Day 1 | Trend Structure & Key Reactions⏱️ We’re analyzing Bitcoin on the 1-hour timeframe.
👀 After breaking below its support zone at 107,402, Bitcoin experienced a correction along with increasing sell pressure. The price then moved toward the 112,200 support area, where it formed a V-pattern — which has now been broken to the upside.
🎮 We’re using Fibonacci levels to identify key resistance zones and long-entry triggers. A higher low has formed above the 112,217 support and above the 0.382 Fib level, which could serve as a strong confirmation of the breakout .
⚙️ The RSI oscillator on the 1H chart is currently above 50. If buying volume increases, RSI may enter the Overbought zone. The critical level here is 70 — breaking above it can act as a confirmation for a long position .
☄️ A specific Fibonacci-based zone, linked to market maker sellers and supply pressure, was touched, triggering a reaction — around 177 BTC were sold following that touch .
🖥 Summary : As long as Bitcoin stays above its previous high, there’s no immediate concern for long positions. Based on the confirmations above, you may consider entering a long position upon a resistance breakout and taker-seller zone clearance .
📉 No short positions are planned until the 110,000 support level is clearly broken .
TradeCityPro | Bitcoin Daily Analysis #144👋 Welcome to TradeCity Pro!
Let’s dive into Bitcoin analysis. Today is the first day of the week and Bitcoin has made a bullish move.
⏳ 4-Hour Timeframe
After the weekly candle closed, Bitcoin made an upward move and pulled back up to the 0.5 Fibonacci zone.
✔️ The long trigger I provided yesterday in the 1-Hour timeframe has been activated. If you opened a short-term position, it has likely already hit the target. If it was a long-term position with a larger stop, then it should still be open for now.
💫 The current 4-Hour candle has wicked into the 0.5 Fibonacci zone, which indicates a strong rejection from this area. If the candle closes red, the probability of starting the next bearish wave will increase significantly.
📊 Besides the resistance from the Fibonacci level, the SMA25 is also overlapping with this zone, so this upward move could also be seen as a pullback to the SMA25 before another drop begins.
✨ However, the candle hasn't closed yet, so it's too early to decide anything. In my opinion, Bitcoin has re-entered a choppy and sideways phase that doesn’t provide good and clean positions — most trades like yesterday’s need to be scalps.
🔍 If a deeper correction happens, our lower support levels are already identified (with the most important one being the 110000 zone). For shorts, I’ll look for entries below 110000. As for longs, I’ll wait for confirmation and stabilization above 116000. For now, I’m only observing this box between 110000 and 116000.
❌ Disclaimer ❌
Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel.
Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
Will a Drop Below 4.12 Push BTC to New Highs ?👋 Hello, and welcome to Satoshi Frame .
📊 USDT Dominance , after a sharp move toward 6% , got rejected strongly from that level with a powerful candle .
🔻 Following that , it lost its key support and entered a deep corrective phase .
🚀 During this period, Bitcoin and altcoins experienced a strong upward trend , and 🟠 Bitcoin even recorded a new all-time high .
📉 The key support level for USDT Dominance is at 4.12% .
⚠️ If this level is broken, Bitcoin could potentially reach a new all-time high again .
📐 I’ve drawn my Fibonacci from the point where the support was lost , the structure broke , and the previous uptrend turned into a corrective or bearish trend .
🔽 The breakdown of that key support pushed USDT Dominance down to 4.12% , where we saw strong buying pressure in Bitcoin and altcoins, leading to a sharp upward movement.
🔄 Price then retraced to the 0.382 Fibonacci level (4.61%) , acting as a corrective pullback within the ongoing downtrend.
❌ However , this area triggered a rejection , and now we are witnessing another decline in USDT Dominance.
💡 Disclaimer : This analysis is for educational purposes only and should not be considered financial advice . Always do your own research and manage your risk before making any trading decisions .
Markets Eye Policy, Positioning, and PerformanceCME_MINI:NQ1! CME_MINI:ES1! CME_MINI:MNQ1! COMEX:GC1! FRED:FEDFUNDS
Happy 4th of August, Traders!
As we head into the new week, here’s a look at what’s on the calendar:
Key Economic Data Releases
Monday:
• Factory Orders (MoM) – June
• Supply: 3-Month Bill Auction, 6-Month Bill Auction
Tuesday:
• Trade Balance (June), Exports (June), Imports (June)
• S&P Services PMI (July), ISM Non-Manufacturing PMI (July)
• Atlanta Fed GDPNow (Q3) – Prelim
• Supply: 52-Week Bill Auction, 3-Year Note Auction
Wednesday:
• German Factory Orders (MoM) – June
• Crude Oil Inventories
• FOMC Member Daly speaks at 11:45 CT
• Fed Governor Cook speaks at 1:00 CT
• Supply: 17-Week Bill Auction, 10-Year Note Auction
Thursday:
• Bank of England Interest Rate Decision
• BoE MPC Meeting Minutes, Inflation Letter, MPC Vote
• BoE Governor Bailey speaks at 8:15 CT
• FOMC Member Bostic at 9:00 CT
• Supply: 30-Year Bond Auction
Crude Oil Update
OPEC+ V8 members have announced an additional 547K bpd unwinding of voluntary cuts. Notably, crude prices have not reacted significantly to the expected OPEC+ figures. As we’ve previously highlighted, the market's focus remains firmly on demand-side factors. Despite geopolitical shocks, trade tensions, and recession concerns, crude oil prices have remained relatively stable—trading within a consistent range for over two and a half years since August 2022. According to Amena Bakr at Kpler, the V8 will meet again on September 7th to potentially reassess the reinstatement of 1.65 million bpd of cuts, currently scheduled to remain in place until the end of 2026.
Earnings Recap
With over half of S&P 500 companies having reported Q2 earnings, YoY earnings growth is now projected at 9.8%, compared to the 5.8% estimate as of July 1, per LSEG data cited by Reuters. More than 80% of reporting companies have surpassed analyst profit expectations—well above the 76% average from the past four quarters.
Macro Outlook
Fed Vice Chair Williams provided further insight into the central bank’s posture ahead of the September FOMC meeting, stating he remains open-minded but continues to believe that modestly restrictive policy is warranted. Williams also emphasized that the notable downward revisions to May and June payrolls were the key takeaway from Friday’s jobs report, reinforcing the theme of softening labor market momentum.
In addition, the Fed announced on Friday that Governor Lisa Cook will resign from the Board effective August 8. A replacement is expected to be named in the coming days, though it is not anticipated to materially alter the policy outlook in the near term.
Looking ahead, if both inflation and unemployment tick higher between now and the September FOMC meeting, it would represent a worst-case scenario for the Fed. The August NFP report due on the first Friday of September and July and August 2025 inflation reports are key data points to monitor before the next FOMC Meeting on September 17th, 2025.
Although equity futures sold off on Friday following a disappointing jobs report, market pricing has adjusted notably. Participants now expect the Fed to deliver three rate cuts in 2025 and two cuts of 25bps each in 2026. This marks a shift from pre-NFP expectations of two cuts in 2025 and three cuts in 2026, per CME FedWatch Tool.
Market Implications:
On the back of rate cut expectations, in our analysis, this may help sustain upside in the equities complex. Although, it may be prudent to adjust portfolio and re-balance strategically according to sectors that may continue to outperform namely tech, AI, defense stocks, commodities and USD per our analysis.
SUI’s Next Big Move? Key Levels You Must WatchHey friends, it’s Skeptic 🩵
In this video, I’m diving into the current setup on SUI – whether to long or short, plus an update on market context and risk zones.
I broke down key levels, previous triggers, and what price action is hinting at next.
This one’s packed with insights, especially if you're in futures or looking for an entry on spot.
⚠️ Don’t forget about risk management – chasing pumps is a recipe for FOMO and mistakes.
💬 Let me know your thoughts on SUI in the comments, and let’s talk setups.
NeoWave Alert: BTC G-Wave Sets Up a Brutal Drop After $116K PumpAs anticipated in our previous NeoWave analysis, the market appears to be deep within Wave G of a Contracting Diametric structure (A–G), originating from the March 2025 high.
⸻
🔻 Key Developments:
• After rejecting from $119,000–119,500 (Wave F resistance), price dipped to $112,000, breaking below the previous channel’s lower bound, and now appears to be forming a steeper descending channel.
• This new channel’s resistance has shifted lower to $116,000, becoming a potential bull trap zone.
• The bounce from $112K is likely a liquidity sweep, preparing for one final upside to $116K, followed by aggressive distribution.
⸻
💡 Trading Thesis:
We’re likely seeing a trap-style rally within Wave G, aiming to:
• Attract liquidity up to $116K
• Induce late longs before initiating a more violent selloff toward $105K or lower
⸻
🔍 Smart Money Confluence (SMC / ICT)
• 🟥 Confirmed bearish structure on 1H (Lower Highs + BOS)
• 🟨 Liquidity above $120K already swept during Wave F
• 📉 Order blocks around 119.5K rejected
• 🔻 Price currently trades above $114K, but trapped inside a sharper descending range
• 🧲 Unfilled FVGs between $113K–$110K may serve as magnets
⸻
🧠 Wave G Structure (Diametric)
• Possibly unfolding as a Zigzag or Complex Combination
• Channel boundary now capped at $116K
• Wave G likely targets a breakdown below Wave E ($113K) and toward $105K
⸻
📌 Primary Scenario:
• Final push to $116K → strong rejection expected
• Bearish continuation targeting $110K → $105K
🧯 Invalidations:
• Clean breakout & daily close above $120.5K invalidates this diametric structure
• Watch for triangle or flat morphing if structure shifts
⸻
⚠️ Risk Management:
• $116K = key distribution zone
• Watch closely for rejection and breakdown confirmation
• Shorts valid below $114K with tight invalidation above $117K
⸻
📌 Conclusion:
Bitcoin is nearing the climax of a multi-month complex correction. The current setup favors a liquidity trap toward $116K, followed by continuation of Wave G toward major demand zones. Smart money bias remains bearish below $117K.
⸻
💬 Drop your alternate wave counts or SMC confirmations in the comments!