U.S. Hot temperature boosted natural gas prices. For how long?U.S. Hot temperature boosted natural gas prices. For how long?
U.S. natural gas futures rose ~2% August 6 due to near-record LNG export flows and forecasts of hotter-than-normal weather through late August, boosting air conditioning demand and gas use by power plants (over 40% of U.S. electricity). Despite a hot summer, record production has kept gas stockpiles ~6% above normal, with storage likely to grow further.
Technically, price seems to form bullish wedge since mid - August. Price successfully tested the level of 3.0000, still can go on a retest of this level soon once again before some mid-term bullish momentum occurs. Additionally, according to seasonals, since the second half of the august, natural gas prices go bullish due to the beginning of the shoulder season.
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GOLD: The diamond hasn’t sparkled yet - waiting for confirmationOn the 1-hour chart of gold, a diamond pattern is forming at the top of an ascending channel. The current price is 3378, and the asset remains within the structure, without confirming a reversal yet. The key area is the 0.705–0.79 Fibo zone (3361.5–3358), which aligns with the lower boundary of the diamond. At this stage, the pattern is not complete — there's no break of the base, so the move is still pending.
Technically , the market is showing signs of momentum fading and a possible transition into a correction, but it's too early to call it without a clear break and close below 3361, which represents the lower edge of the diamond. If the bearish scenario plays out, the next targets are 3333 and 3324, projected from the pattern itself.
Fundamentally , the picture remains mixed: the dollar has stabilized temporarily, and expectations around U.S. interest rates continue to create uncertainty. Gold is reacting to all of this, but without a clear macro trigger, the upside may remain limited.
Tactical plan: Watch how price behaves in the 3361.5–3358 zone. If a reversal pattern forms, followed by a break to the downside, a short opportunity may open after a retest.- with targets at 3333 and 3324. If that break doesn't happen, and price moves higher, the diamond structure breaks to the upside, and the bearish scenario is invalidated.
As they say until the base breaks, it’s just a shiny piece of the chart, not a diamond. Watch closely, act on confirmation, not assumptions.
TradeCityPro | SUIUSDT Is the best time to buy ?👋 Welcome to TradeCityPro Channel!
Let's analyze and review one of the most popular coins in the market, sui, and update our previous analysis and find new triggers
🌐 Overview of Bitcoin
Before starting the analysis, I want to remind you again that we moved the Bitcoin analysis section from the analysis section to a separate analysis at your request, so that we can discuss the status of Bitcoin in more detail every day and analyze its charts and dominances together.
This is the general analysis of Bitcoin dominance, which we promised you in the analysis to analyze separately and analyze it for you in longer time frames.
Very briefly, we are going to take a look at the SUI chart in a nutshell so that we don't miss the triggers
We are currently inside our 4-hour range box and are fluctuating between 3.31 and 3.59
After the 3.59 break or the 3.31 fake breakout, I will definitely try to open a long position and I also need volume confirmation for this.
For short positions, the 3.31 break is a very good trigger, but try to pay more attention to other charts. If you open with the failure of this trigger, try to save your profit very quickly.
📝 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! ❤️
PENDLE Breakout Watch – Red Resistance Being Tested! 🚨 CRYPTOCAP:PENDLE Breakout Watch – Red Resistance Being Tested! 🔴⏳
CRYPTOCAP:PENDLE is testing the red resistance zone.
📊 If breakout confirms, next move could target:
🎯 First Target → Green line levels
A breakout here could trigger buyer momentum and push price toward the next key resistance.
$PENDLE Breakout Watch – Retesting Red Resistance Zone!🚨 CRYPTOCAP:PENDLE Breakout Watch – Retesting Red Resistance Zone! 🔴⏳
CRYPTOCAP:PENDLE is once again testing the red resistance zone.
📊 If breakout confirms, price could move toward:
🎯 First Target → Green line level
A confirmed breakout would suggest buyers are regaining control — watching closely for momentum.
CRO Breakout Alert – Red Resistance Cleared! 🚨 GETTEX:CRO Breakout Alert – Red Resistance Cleared! 🔴✅
GETTEX:CRO has successfully broken out of the red resistance zone.
📈 Momentum is in play — next targets in focus:
🎯 First Target → Green line level 1
🎯 Second Target → Green line level 2
Strong breakout confirms buyer control — watching for continuation toward both targets.
PENGU Breakout Watch – Red Resistance Being Tested! CSECY:PENGU Breakout Watch – Red Resistance Being Tested! 🔴⏳
CSECY:PENGU is testing the red resistance zone.
📊 If breakout confirms, next move could target:
🎯 First Target → Green line levels
A confirmed breakout may signal bullish momentum and continuation higher.
TradeCityPro | Bitcoin Daily Analysis #146👋 Welcome to TradeCity Pro!
Let’s dive into Bitcoin analysis. In this analysis, I want to take a look at the higher timeframes since conditions in the lower timeframes haven't changed much compared to yesterday, and it’s a good idea to review the broader picture.
📅 Daily Timeframe
In this timeframe, after the completion of the previous corrective leg that extended to the 78,000 zone, Bitcoin started a new uptrend and has managed to climb up to the 122,000 area.
💥 The most important resistance during this move was 110,183, which, as you can see, has been broken, and Bitcoin is still holding above this level.
✔️ The curved trendline we've drawn in the higher timeframes has been broken in this timeframe, but in my view, confirmation of this trendline break comes only after the 110,183 level is broken again to the downside.
⚡️ Currently, the RSI oscillator is sitting on a support level around 38.21. This area is a very important momentum zone for Bitcoin, and if it breaks, the likelihood of downward momentum entering the market increases.
🧩 However, we still need more confirmations for a bearish scenario, and breaking this level on the RSI alone does not confirm a trend reversal.
🔽 If the correction continues, the main support we currently have is at 110,183. The SMA99 also acts as a dynamic support and, if it overlaps with 110,183, will form a very strong PRZ (Potential Reversal Zone).
📈 If the uptrend wants to resume from here, the first trigger confirming trend continuation is the 120,000 high — and breaking the range between 120,000 and 122,000 will start the next bullish leg.
❌ 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.
ZETA: when a wedge isn’t just a wedge — it’s a launchpadTechnically, this setup is textbook clean. Price completed the fifth wave within a falling wedge and instantly reacted with a bullish breakout. The expected breakdown didn’t happen — instead, buyers stepped in, confirmed by rising volume. All EMAs are compressed at the bottom of the structure, signaling a clear shift in momentum. The volume profile shows strong accumulation around $14, while the area above current levels is a vacuum — ideal conditions for acceleration.
The key resistance zone is $16.70–17.20 — former base highs and the 0.236 Fibonacci retracement. If price breaks this area with volume, the next stop is likely $24.48 (0.5 Fibo). Classical wedge targets land at $38.28 and $55.33 (1.272 and 1.618 extensions). If a trending leg begins, it could move fast — because there’s simply no supply overhead.
Fundamentals:
ZETA isn’t a profitable company yet, but it shows consistent revenue growth and aggressive expansion. Capitalization is rising, debt is manageable, and institutional interest has increased over recent quarters. In an environment where tech and AI are regaining momentum, ZETA could be a speculative second-tier breakout candidate.
Tactical plan:
— Entry: market or after a retest of $14.00–14.30
— First target: $17.20
— Main target: $24.48
— Continuation: $38.28+
— Stop: below $13.00 (bottom wedge boundary)
When the market prints a wedge like this and the crowd ignores it — that’s often the best trap setup. Only this time, it’s not for retail buyers. It’s for the shorts. Because when a falling wedge breaks to the upside with volume — it’s time to buckle up.
BTC 1H Analysis – Key Triggers Ahead | Day 3💀 Hey , how's it going ? Come over here — Satoshi got something for you !
⏰ We’re analyzing BTC on the 1-hour timeframe .
⏱ We’re analyzing Bitcoin on the 1-hour timeframe.
👀 After bouncing from the current $113,000 area, Bitcoin moved upward, indicating the presence of market maker buyers in this zone. A short-term support has formed at $113,000, and yesterday we saw a strong rejection from this level, which helped prevent further selling pressure.
Bitcoin now faces a resistance zone and a potential long entry trigger between $115,317 and $116,085. If long positions increase and short positions get squeezed, this resistance could be broken, potentially fueling a bullish move.
⚙️ On the RSI, our key level is the 50 range. A confirmed hold above this level could signal a higher low forming relative to the previous bottom at $112,933.
🕯 We’re seeing an increase in trading volume, and as the price moves closer to $110,499, there's a noticeable liquidity pull from long positions—more buyers are stepping in around this area.
📈 Our long position trigger lies within the resistance zone mentioned. A confirmed breakout and hold above this level, alongside RSI entering Overbought across multiple timeframes and volume expansion, would give us a solid entry for a long position.
📉 Our short position trigger is below $112,200. A sharp drop with strong selling pressure and RSI entering Oversold would justify a short entry—though I do not recommend taking this trade.
❤️ Disclaimer : This analysis is purely based on my personal opinion and I only trade if the stated triggers are activated .
Crude Oil: Equilibrium, Key Levels & Trade ScenariosNYMEX:CL1! NYMEX:MCL1!
Market Recap
In our prior crude oil commentary, we identified a bullish flag formation with key support anchored at the Q3 micro composite Value Area Low. Following a measured pullback, prices decisively reclaimed the Q3 micro composite Value Area High, subsequently advancing toward the $70 level. However, this upward momentum proved unsustainable, with prices unable to maintain higher ground. We have since retraced to the yearly open, where the market is now consolidating.
Current Market Structure
Crude oil is presently exhibiting a balanced profile. Notably, the composite Volume Points of Control (VPOC) for both the yearly and quarterly profiles are overlapping — a technical signal indicative of equilibrium in positioning.
Market Performance Assessment
Price action in recent sessions has been heavily influenced by shifts in the global demand outlook, which in turn remain sensitive to macroeconomic expectations, geopolitical events, and OPEC+ V8 members’ gradual unwinding of voluntary production cuts. Despite the prevailing headwinds — including tariff disputes, Russian sanctions, and broader trade tensions — crude oil has demonstrated resilience, consistently trading above the $65 threshold.
Forward Outlook
Attention will turn to today’s EIA release at 9:30 a.m. CT, which may serve as the primary catalyst for near-term directional bias.
Key Technical Levels
• Q3 mCVAH: 67.28
• Neutral Zone: 66.45 – 66.30
• Yearly Open: 66.34
• Intermediate Support: 65.80
• CVPOC / mCVPOC: 65.54
• Q3 mCVAL: 64.95
• Support Zone: 65.00 – 64.80
Trading Scenarios
• Scenario 1 — Yearly Open Rejection
Monitor the Yearly Open (66.34) as an initial resistance level. A rejection here could prompt a tactical pullback toward the Line in the Sand (LIS), offering long entry opportunities with a target above the yearly open.
• Scenario 2 — DOE-Driven Flush & Recovery
Should the DOE data trigger a downside push, watch for a swing failure at recent lows. A close back above prior levels would present a potential long setup, with conviction increasing on sustained price action above 65.80.
Pennant — Trend Is Your Best Friend 🚩 Pennant — Trend Is Your Best Friend 📈
drive.google.com
🔍 Introduction
The Pennant is a trend continuation pattern, resembling a small triangle that forms after a strong initial move (known as the “flagpole”). It is similar to the Flag pattern, but with one key difference: the body of the Pennant is formed by two converging trendlines, rather than parallel ones.
📐 Pattern Description
The Pennant forms after a strong, impulsive price move, indicating that the trend is likely to continue after a short pause.
Like the Flag, the Pennant consists of two main components:
The flagpole — a sharp, directional move (either bullish or bearish)
The Pennant body — a brief consolidation shaped like a symmetrical triangle 🔺
🟢 A bullish pennant forms after a strong upward move
🔴 A bearish pennant follows a strong downward move
🧠 Market psychology behind the pattern:
After a big move, many traders expect a reversal and begin taking counter-trend positions. But when the breakout occurs in the direction of the original trend, it triggers a wave of new orders, pushing price even further. That’s why the Pennant is often used to enter trades in the direction of the dominant trend.
📉 Volume behavior is also key:
High volume during the initial move
Low volume during the Pennant’s consolidation
Rising volume on the breakout
This volume pattern reflects renewed trader interest and often leads to a more explosive breakout compared to a Flag, due to the tightening nature of the consolidation.
⚠️ A weak or sloppy move before the Pennant weakens the signal and increases the risk of false breakouts.
🎯 Entry & Stop-Loss Strategy
📥 Entry: After a confirmed breakout above the Pennant’s resistance (or below it for bearish setups)
🛑 Stop-loss: Placed just below the last local low before breakout
💰 Profit Target:
Partial take profit at the top of the flagpole
Full target = the height of the flagpole projected from the breakout point (aka the Measured Move)
Always account for key support/resistance levels to define the potential range
💡 The Pennant often offers great risk/reward due to its tight structure and explosive potential.
💡 My Pro Tips for Trading Pennants
✅ Pennant Pattern Criteria
Trend continuation pattern
A strong, nearly vertical move preceding the Pennant
Triangle-shaped consolidation (two converging lines)
The Pennant body must be shorter than the flagpole
The lowest point of the Pennant should not exceed half the length of the flagpole
Breakouts should happen in the direction of the initial trend
Tight range before breakout increases accuracy
📈 What Strengthens the Signal
Sharp, clean, directional initial move (strong flagpole) ⚡
High volume on the initial move, and volume surge on breakout 💥
⚠️ What Weakens the Signal
Choppy or weak price action before the Pennant 🫤
Lack of volume during the flagpole or breakout 💤
✅ Examples of My Winning Pennant Setups
🔗 EURUSD Bearish Pennant — Ready to Drop
❌ Examples of My Losing Setups
🔗 XAUUSD Bullish Pennant — Failed Follow-through
💬 Do You Trade Pennants?
They’re one of the most powerful continuation patterns when paired with clean price action and volume confirmation. What’s your experience with Pennants? Share your wins — and fails — below 👇👇
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.















