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BTCUSD 4H: Bears Take ControlChart Overview: On the 4-hour timeframe, Bitcoin (BTC/USD) shows a clear shift in momentum. After a powerful bullish rally that saw prices surge from the late September lows to above 125,000 in early October, the market has entered a significant corrective phase, characterized by lower highs and lower lows. Recent Price Action: The strong uptrend, marked by consecutive green candles and rising swing highs and lows, peaked around the 125K to 126K Resistance zone. This level proved to be a strong ceiling, leading to a sharp reversal. Since then, price has consistently formed lower highs and lower lows, indicating strong bearish pressure. We observed a breakdown below the crucial 120K-121K Deciding Area, which previously served as a battleground for bulls and bears. The current candle is trading significantly below the 118K to 119K - Previous Breakout zone, suggesting that this level, once a strong support after a bullish breakout, has now flipped into potential resistance. The descending red channel clearly illustrates the current downtrend, with price repeatedly finding resistance along its upper boundary and making new lows. Key Resistance Levels to Watch: 118K to 119K (Previous Breakout Zone): This is the immediate hurdle for bulls. Reclaiming and holding this zone would be the first sign of a potential reversal or consolidation. 120K-121K Deciding Area: A crucial psychological and structural level. A sustained move above this area would indicate a more significant shift in momentum back to the bulls. 123K Flip Zone: This zone served as both support and resistance during the prior rally and could act as a strong area of contention for any significant recovery. 125K to 126K Resistance: The ultimate overhead resistance, where the prior rally topped out. Bulls would need a massive surge to challenge this zone again. Key Support Levels to Monitor: With the price currently trading around 117,590, the focus shifts to immediate and deeper support levels: 116.5K: The next immediate horizontal support level that could see some buying interest. 115K Good Support: As labeled on the chart, this level is expected to provide substantial support. Traders will be watching closely for reactions here. 112K-113K Important Level: This is the most critical support zone in the near term. A break below this level could trigger a more aggressive sell-off, indicating a deeper correction or a potential bear market continuation. Outlook & Scenarios: Bearish Scenario: If Bitcoin fails to reclaim the 118K-119K zone and breaks below the 116.5K and 115K support levels, we could see an accelerated move towards the 112K-113K Important Level. A decisive break below 112K-113K would open the door for significantly lower prices. Bullish Scenario: For bulls to regain control, BTC needs to first reclaim the 118K-119K zone and establish it as support. A subsequent push above the 120K-121K Deciding Area and a break of the descending red trend channel would be strong bullish signals, suggesting that the corrective phase might be over. Conclusion: Bitcoin is currently in a bearish corrective phase on the 4-hour chart. The market is testing critical support levels following a significant breakdown from prior consolidation zones. Traders should closely monitor the 115K and 112K-113K support levels for potential bounces or further breakdowns, and the 118K-119K and 120K-121K levels for signs of a bullish recovery. Disclaimer: The information provided in this chart is for educational and informational purposes only and should not be considered as investment advice. Trading and investing involve substantial risk and are not suitable for every investor. You should carefully consider your financial situation and consult with a financial advisor before making any investment decisions. The creator of this chart does not guarantee any specific outcome or profit and is not responsible for any losses incurred as a result of using this information. Past performance is not indicative of future results. Use this information at your own risk. This chart has been created for my own improvement in Trading and Investment Analysis. Please do your own analysis before any investments.
CRYPTO:BTCUSDShort
by ManiMarkets
Gold surges and then falls, and there is still room for declineGold Technical Analysis: Gold has finally seen its first pullback, falling from a high of 4058 to a low of 3944 yesterday, a drop of over 100 points. This marks the first pullback since the recent surge in gold prices. The main reasons for yesterday's sharp pullback were the strengthening US dollar and investors taking profits after the ceasefire agreement between Israel and Hamas. Gold prices continued to fall, ultimately failing to hold above 4000. The daily chart shows a dark cloud cover, with current resistance around 4000-4005, marking a turning point. Gold has formed a short-term double top. Technically, the daily chart showed a sharp decline, forming a typical "yin enveloping yang" candlestick pattern. This pattern clearly indicates that the short-term market has shifted from its previous strong performance to a corrective trend. Following yesterday's sharp drop, gold prices have effectively broken through the 5-day moving average, effectively negating the short-term support. After today's opening, gold prices are temporarily trading between the 5-day and 10-day moving averages, entering a transitional consolidation range within the short-term moving average. Focus on the continuation of this correction today. Key support lies near the 10-day moving average, currently around 3920. This level will be a crucial indicator of whether the short-term market can stabilize. For today's market, we believe continued decline is likely, with a subsequent break below 4000 becoming a key dividing line between bulls and bears. If the market rebounds and rises above 4000, the market could turn higher. Conversely, below 4000 remains bearish. Key support lies below 3930-3920. A break below this would signal a breakdown of the current upward trend, ushering in a further acceleration of the downward trend. Of course, a weak market won't offer ideal short-selling opportunities. Currently, 3995 represents the 38.2% resistance level, also acting as resistance against the 5-day moving average. Furthermore, bearish moves are often very rapid, so hesitation will lead to a futile attempt. Therefore, in terms of operation, we were shorting above 4050 yesterday. Today, we suggest to continue to short below 4000, with the target at 3930. Once it breaks, it is time to add more positions! Overall, today's short-term operation strategy for gold is to focus on rebound shorting and callback longing. The short-term focus on the upper side is the 4000-4010 line of resistance, and the short-term focus on the lower side is the 3950-3940 line of support.
OANDA:XAUUSDShort
by FXStrategist_Daniel
1
WTI Crude Oil (USOIL) Technical analysisWTI Crude Oil has now broken below the 59.869 support zone, extending the bearish trend that started after the rejection from the 64.576 area. The breakdown signals strong selling momentum, with the next major support zone now seen around 58.000, followed by 55.451 if weakness persists. Support at: 58.000 / 55.451 🔽 Resistance at: 59.869 / 61.717 / 63.090 🔼 🔎 Bias: 🔼 Bullish: A strong daily close back above 59.869 could indicate a false breakdown and open a retracement toward 61.717. 🔽 Bearish: Sustained trading below 59.869 keeps downside pressure intact toward 58.000 and possibly 55.451. 📛 Disclaimer: This is not financial advice. Trade at your own risk.
EASYMARKETS:OILUSD
by SPOT_FX
USDCAD ; Retracement And Short..?USDCAD have been scaling on a circle of uptrend with higher highs and lows, respecting the resistance as we can spot in the structure. we may encounter a movement below this zone with target towards the support area at 1.3783. Meanwhile a possible breakout above the resistance would trigger more rise resuming its bullish climb. At this point the availability chances of trade is to sell at the resistance and buy at the support. Like and follow Thanks for reading.
by Blaisefxacademy
Beware of false gold price drops and real gold price rises News： Although gold prices quickly stabilized and rebounded after the ceasefire agreement in Gaza, briefly approaching all-time highs, the easing of geopolitical tensions dampened safe-haven buying to some extent, leading some bulls to take profits. Meanwhile, the strong US dollar, which hit a two-month high, caused gold to fall sharply under short-term selling pressure. However, gold prices stabilized and recovered nearly half of their losses, indicating that market expectations of Fed rate cuts and the continued US government shutdown continue to attract bargain-hunting and safe-haven buying, providing support for gold prices. Looking ahead, despite a short-term pullback in gold prices due to easing tensions in the Middle East, the medium- to long-term bullish outlook remains clear. The Fed has begun its interest rate cut cycle, leading to lower real interest rates and reducing the opportunity cost of holding gold. Furthermore, the potential for resurgence in Middle Eastern tensions, the ongoing US government shutdown, continued central bank gold purchases, and high uncertainty in the global economy and trade are all factors that could support further price increases. Specifically: The four-hour lifeline is currently around 4000, serving as the dividing line between volume and rhythm. Below this level, focus on the range from the lifeline to the lower band (4000-3940). Above this level, focus on the range from the lifeline to the upper band (4000-4040). The upper double-line support on the hourly chart, in conjunction with the ascending channel, forms an upward trend. The upper double-line support is at 3995, and the channel range is 4040-3940. Yesterday, the price fell below 4000, falling back into the ascending channel, extending the decline. After breaking below the upper double-line support, the price confirmed resistance at the upper double-line support in the 3995-4000 range in early trading today, continuing to suppress the decline and searching for the 3975-65 range. The upper double-line support is currently at 3990, and the dividing line remains at 4000. The upper channel band is at 4045, and the lower channel band is at 3935. Trading strategy: Buy: 3975-3960, SL: 3945, TP: 4000-4030
TVC:GOLDLong
by TheodoreSilas
3
XAUUSD: Upward Trend will ContinueHello everyone, here is my breakdown of the current Gold setup. Market Analysis Gold has been in a very strong and well-defined Upward Channel. The trend has shown significant strength, breaking through multiple key resistance levels, such as the Support level 2 at 3630 and Support 1 at 3890, on its way up to new highs. Currently, after testing the resistance line of the channel, the price has entered a natural corrective phase. This pullback is guiding the price down towards the ascending support line, which has consistently acted as the floor and the main trend line for this entire uptrend. My Scenario & Strategy I'm looking for this correction to complete as the price tests the ascending support line of the channel. A confirmed and strong bounce from this dynamic support would be the key signal for me that the pullback is over and buyers are ready to resume the rally. Therefore, the strategy is to watch for this bounce. A successful defense of the channel's support would validate the long scenario. The primary target for the next impulsive wave higher is 4125, which aligns with the upper resistance area of the Upward Channel. That's the setup I'm tracking. Thank you for your attention, and always manage your risk.
FOREXCOM:XAUUSDLong
by Ratner
1
#XAUUSD: Price Is Likely To Hit $4200 Before Bearish CorrectionDear Traders, Gold is likely to reach $4200 before experiencing a significant decline. We anticipate a final push potentially exceeding $4000. The current market sentiment is strong and is likely to drive the price to our target region. However, we require confirmation in a shorter timeframe and recommend employing appropriate risk management. If you find our analysis valuable please engage with it. Follow us for further insights. Sincerely, Team Setupsfx
OANDA:XAUUSDLong
by Setupsfx_
4
ETH Correction Complete? Bullish Setup Reemerges As I mentioned in my previous ETH analysis, while my medium-term outlook remains bullish, I was anticipating a short-term correction. That’s exactly what unfolded. After retesting the 4750 resistance zone, Ethereum began to retrace, reaching the support area just below 4300 earlier today. Currently, the price is rebounding, and there’s a strong probability that the corrective phase has ended. I’m now looking to re-enter long, as even a move back to the recent highs could offer a 1:2.5 risk–reward setup — a solid short-term opportunity within the broader bullish structure.
COINBASE:ETHUSDLong
by Mihai_Iacob
7
DOGE near term TARGET $0,34Dogecoin is likely on it's way to more bullish prices. Since around 22 June, there's been a near "up-only" trend on DOGE, where the price is continuously making higher highs and the corrections are all still higher lows. In terms of technical indicators, we see strong bullish indication in the weekly timeframe as the price trade above all moving averages: The daily timeframe's price is trading above the moving averages as well. A good place to watch for SHORT term corrections is the first and second band of the moving averages here: OKX:DOGEUSDT BINANCE:DOGEUSDT
Long
by Crypto-Check-
6
US30 – Key Pivot Test at 46,400 Before Directional BreakoutUS30 – Overview | Key Levels in Focus Before Next Move The Dow Jones remains in a consolidation phase, awaiting a clear breakout signal as traders weigh broader U.S. market uncertainty. The price is holding around a key technical zone, with 46,400 acting as the short-term pivot between bullish and bearish momentum. Technical Outlook A 1H close below 46,400 would confirm a bearish continuation, targeting 46,120 → 46,000, and a sustained break below this zone could extend toward 45,680. On the other hand, if the price closes above 46,510, it would reinforce bullish momentum toward 46,630 → 46,810, with potential to test 47,090 if buying pressure strengthens. Pivot Line: 46,400 Resistance: 46,630 · 46,810 · 47,090 Support: 46,120 · 46,000 · 45,680
OANDA:US30USDShort
by SroshMayi
USNAS100 – Range Consolidation Before Breakout, Key Zone: 25,175USNAS100 – Overview | Range-Bound Ahead of Key Market Events The NASDAQ 100 rebounded from the support zone highlighted earlier, though market sentiment remains cautious ahead of upcoming U.S. data releases and the prolonged government shutdown. Price action shows consolidation near the upper range, with short-term traders watching for a breakout to define direction. Technical Outlook The index is currently capped below the 25,175 – 25,225 zone. As long as price trades beneath this resistance band, momentum favors a bearish correction toward 25,070 → 25,015, and a sustained move below 25015 could extend losses to 24900. Conversely, a 1-hour close above 25,220 would confirm a bullish breakout and open the path toward 25,300 → 25,390, with further upside potential if buyers remain in control. Pivot Line: 25 175 Resistance: 25 300 · 25 390 · 25 450 Support: 25 070 · 25 015 · 24 900 Summary: USNAS100 remains range-bound, trading between 25,070 and 25,225. A breakout on either side of this range will define the next intraday move—above 25,220 favors continuation toward 25,390, while below 25,015 signals deeper correction toward 24,900.
OANDA:NAS100USDLong
by SroshMayi