Wave Analysis
Solana (SOL) – Chart AnalysisToday, I would like to share my current view of the Solana chart with you. I am currently tracking three possible scenarios:
Scenario 1 – Preferred: ABC correction to wave 2
In this scenario, I assume that Solana has not yet found its final bottom at around $95 on April 7, 2025.
In my opinion, wave A was only completed at that point.
We are currently moving correctively in wave B before a larger sell-off begins in wave 2.
For wave B, I expect targets in the range of $276–300.
If this range is clearly exceeded, a wave B extension to around $419 is also possible (regular chart).
Variant 2 – Long wave 4 (less preferred)
In this case, wave 4 would be completed on April 7, 2025, after an extended correction (ABC with overshooting wave B).
We would now already be in the final wave 5.
This would have potential up to the 0.618 level at around USD 516 or higher.
Important: I am looking at this variant in the logarithmic chart, as otherwise the levels do not fit neatly.
Nevertheless, this scenario is not my preferred assumption at present.
Variant 3 – very bullish scenario
Another possibility would be that wave 2 was already completed on April 7, 2025.
In this case, we would already be in a new uptrend with several 1/2 structures, which would make the chart look very bullish.
Confirmation would come if the $300 mark were to be sustainably exceeded – then this scenario could quickly become the primary one.
However, as the structure is not yet convincing, I remain cautious and continue to favor the ABC correction (scenario 1).
📌 Summary
My main scenario remains an ABC correction to wave 2 with a possible bottom between $50 and $30 (this is also where my long-term risk management lies).
Nevertheless, the various variants present exciting opportunities for traders, both in the short and medium term.
Solana therefore remains a coin that I continue to monitor very closely – especially in conjunction with the Bitcoin chart. This could also still be in a wave 4 correction before the final upward move takes place.
Latest Gold Market Trend Analysis and Strategy:
I. Core Viewpoint
Gold has entered a period of high-level volatility after reaching a new all-time high. The bullish trend remains intact, but it faces a dual challenge in the short term from technical corrections and fundamental events (US inflation data). Market sentiment has become cautious, and trading strategies should prioritize a cautious bullish outlook and be wary of pullbacks.
II. News Analysis:
Reasons for the Roller Coaster Market:
Record-breaking Momentum: Revised US employment data, worse than expected, reinforced market expectations that the Federal Reserve may slow its tightening pace, which was the core driver of gold's new highs.
Profit-taking Pressure: After gold prices continued to rise and hit new all-time highs, a large number of long positions were liquidated at high levels, which was the main reason for the rapid price decline. This is a healthy technical correction, not a trend reversal.
The rebound in the US dollar and US Treasuries: The US dollar index rebounded from a seven-week low, and US Treasury yields rose from a five-month low. This increased the opportunity cost of holding non-interest-bearing gold, exerting short-term pressure on gold prices.
Future Focus: US CPI Data:
This week's focus: All eyes are on the upcoming release of the US August CPI (Consumer Price Index) and PPI (Producer Price Index) data. These data are the most important reference indicators before the Federal Reserve’s September interest rate decision.
III. In-depth Technical Analysis
Trend Positioning: The daily bullish trend is undeniable. The market closed with a big bullish candlestick last week and continued to be strong at the beginning of this week. All moving average systems are in a bullish arrangement, providing support for prices.
Key Level Analysis:
Upper Resistance:
Short-term Resistance: 3645-3655 (Yesterday's high conversion and psychological barrier)
Core Resistance: 3665-3680 (historical high area)
Ultimate Target: 3700 (major psychological and technical barrier)
Lower Support:
First Support: 3630-3628 (top of yesterday's Asia-Europe trading range, turning into a watershed for intraday strength and weakness)
Second Support: 3610-3600 (psychological barrier and concentrated trading area)
Bull Lifeline: 3580 (last wave starting point & 4-hour top and bottom conversion level). If it falls below this level, it means that this round of strong rise may come to an end, and the market will enter a deeper adjustment or turn bearish.
Trading Strategy and Thinking:
Long Strategy (Buy Low):
Aggressive Buy: When the 3630-3628 support area stabilizes (e.g., a bullish candlestick pattern appears), try a small buy position with a stop-loss below 3620, targeting 3645-3655.
Steady long buy: wait for a pullback to the key support area of 3610-3600 or even 3580 before placing long orders in batches, with the stop loss set below 3570 and the target to return to above 3630. Short-selling strategy (selling at high levels):
Blindly chasing high prices is not recommended at this time. If the price rebounds to the strong resistance area of 3645-3655, try a small short position with a stop-loss above 3665, targeting 3630-3620.
If the gold price unexpectedly falls below the key support of 3628, you can follow the trend and enter a short position, with the target at 3610-3600.
IV. Summary and Today's Trading Recommendations
Overall Strategy: Before the release of major data, the market is likely to remain volatile at high levels. Operators should reduce their positions and set strict stop-loss orders to avoid the risk of sharp fluctuations caused by data fluctuations.
Intraday Short-Term:
Short if the market breaks through the 3645-3655 area, with a stop-loss at 3660 and a target of 3635-3625.
Long if the market retraces below the 3615-3605 area, with a stop-loss at 3598 and a target of 3625-3635.
Trend Following:
Hold the 3580 bullish support level, maintain a bullish outlook above this level, and view all pullbacks as buying opportunities.
If it effectively breaks below 3580, we will need to turn bearish or wait and see, waiting for a new direction to be chosen.
Risk Warning: The above analysis is based on current market information; trading decisions should be considered in conjunction with real-time market conditions. The key focus this week is the US CPI data. It is recommended to liquidate positions or maintain a very light position before the data is released, and then trade accordingly once the data direction becomes clear.
Revision to Prior Idea. Range Bound SellsI want to scratch my prior idea as the market is showing me it is in a distribution phase in this range.
I am confident that the all time high will hold until price pulls back down to the prior low of 43,400 and then take out the all time high.
Does this look familiar?
The exhaustion bar with ZERO follow through is what is telling me this range will break bearish. Price is bumping its head on that weekly close
Another clue is on the Weekly chart. Price closed above barely with a peek a boo. High chance of a false break reversal.
On the weekly chart, you don't want to see a break and close above with no follow through. It is not a sign of continuation. It is a sign of a false break reversal. When it false breaks, it reverses back to the other side of the range.
The Golden Trinity: Triple Divergence Confluence at Volume Void # Micro Gold Futures: Multi-Confluence Bullish Setup at Critical Juncture
## Market Structure Evolution (Points 1→3)
The price action reveals a compelling narrative as buyers reassert control within a constructive sideways consolidation pattern. This accumulation phase, characterized by ascending support levels, suggests underlying strength despite the range-bound behavior.
## Technical Confluence Matrix at Current Position
### **Structural Confirmation**
- **Higher High Formation**: The market has established a decisive higher high on the bar-level structure at this precise technical junction, confirming the shift in short-term momentum dynamics.
### **Volume-Weighted Analysis**
- **VWAP Touch Point**: Price has precisely tested the Volume Weighted Average Price anchored from the local market low, providing institutional-level support validation at this critical level.
### **Divergence Trinity Setup**
A rare triple-layered divergence configuration has emerged:
- **Hidden Bullish Divergence**: Suggesting continuation of the underlying uptrend
- **Classical Bullish Divergence**: Indicating potential reversal from oversold conditions
- Both divergences align on the bar-level timeframe, amplifying the signal strength
### **Volume Profile Dynamics**
- **OBV Breakout**: The On-Balance Volume indicator has decisively broken above its downtrend line, signaling a shift in accumulation patterns and renewed buying interest from smart money participants.
- **Low Volume Node Rejection**: Point 3 marks a textbook rejection from a low volume area (LVN), a high-probability reversal zone where price typically finds little acceptance, creating a spring-loaded setup for directional movement.
## Trading Implications
This confluence of technical factors creates a high-probability setup where multiple timeframes and indicators align. The rejection from the low volume node, combined with the structural higher high and triple divergence setup, presents an asymmetric risk-reward opportunity for positioned traders.
## Risk Considerations
While the technical picture appears constructive, traders should monitor the sustainability of the OBV breakout and watch for volume confirmation on any upside continuation. The sideways market structure suggests patience may be required as the accumulation phase completes.
GBPCHF Massive Bullish Breakout!
HI,Traders !
#GBPCHF is trading in a strong
Uptrend and the price just
Made a massive bullish
Breakout of the falling
Resistance line and the
Breakout is confirmed
So after a potential pullback
We will be expecting a
Further bullish continuation !
Comment and subscribe to help us grow !
BakeryToken Bake Coin Price Prediction and Technical AnalysisBAKE/USDT just made a massive spike from the 0.0457 demand base, reclaiming lost ground after weeks of decline. Price has now surged into the 0.1137–0.1150 resistance zone, where sellers are showing signs of pressure. If bulls manage to hold above this reclaimed level, continuation toward 0.1820 looks possible. However, if price fails here, a healthy pullback toward 0.0823 support could unfold before another attempt higher.
📈 Key Levels:
Buy trigger: Retest/hold above 0.1137 support-turned-demand
Buy zone: 0.0823 – 0.1137 region
Target 1: 0.1820 resistance
Target 2: Extension toward 0.20+ if momentum continues
Invalidation: Daily close below 0.0457 (would negate the bullish recovery)
👉 Follow me for More Real Time Opportunities.
Share your Thoughts if you have any?
GOLD → Consolidation before continued growth FX:XAUUSD is undergoing a correction amid revised unemployment data, but this has not disrupted the overall technical situation. The market is still anticipating an aggressive reduction in interest rates...
The price resumed its growth on Wednesday amid escalating geopolitical tensions and a weakening dollar ahead of the release of US inflation data (PPI). The price is correcting after a record high of $3675, but retains the potential for further growth.
The escalation of the situation in Eastern Europe and the Middle East is increasing demand for safe assets. Expectations of Fed policy easing and a revision of employment data are weighing on the USD.
PPI inflation data: Today's release may temporarily support the USD if the figures exceed forecasts, but the overall trend remains bearish for the dollar.
PPI data is ahead, which may cause short-term volatility, but the long-term bullish trend remains intact.
Support levels: 3640, 3628
Resistance levels: 3657, 3675
Technically, I expect to see a correction from local resistance to the 3645-3640 area, from which growth may continue. A breakout of 3657 could trigger a continuation of the momentum.
Best regards, R. Linda!
EURUSD → Breakthrough of consolidation resistance. Rally?FX:EURUSD ends correction with a breakout of consolidation resistance. The market is waiting for a positive driver in the form of economic news that could support the growth of the euro...
A breakout of the correction (consolidation) resistance has formed. However, the momentum is being replaced by a correction aimed at consolidating in the bullish plane, which could trigger continued growth in the medium term.
The dollar looks weak, and expectations of interest rate cuts are supporting the euro. If the bulls keep the price above 1.17 - 1.172 within the current correction, the price may start to rally to highs...
Support levels: 1.173, 1.1703
Resistance levels: 1.178, 1.183, 1.190
Before continuing to grow, liquidity may be captured relative to the previously broken consolidation resistance. A false breakdown of support at 1.173-1.170 could trigger a resumption of growth towards 1.190.
Best regards, R. Linda!
Get Ready For a Bond Market CrisisThe yields on the US 10 Year Treasury are showing a really clear elliot wave outline that sugggests a big crisis may be coming.
If we take a standard set of projection ratios relative to primary wave 1 (in green) then yields should easily break the 7.5 mark.
This is going to crush risk premium, potentially lead to a crisis in the US, and could have far reaching consequences.
Of course, if this is a wave 5 we're seeing into 2026 then yields could drop sharply - potentially in a 100% retracement of the move since 2020 - and theres only one reason why this might happen.
Quite simply, a recession.
So watch for the crisis in yields caused by a moonshot in the US 10 Year Yield, and then watch for the recession it causes when people actually start to buy percieved safe assets - bonds - and dump their risk assets.
GOLD - BEARISH TO $3,588 (1H UPDATE)Like I said on yesterday’s update, we’re yet to see ‘Minor Wave 4’ correction on Gold, as part of the bigger Wave 3 bullish cycle.
We’ve seen a ‘Break of Structure’ as price broke below previous ‘Wave IV’ yesterday. I’ve placed a ‘Sell Stop’ order at $3,629. If this activates, I’ll be targeting $3,588📉
If this doesn’t activate, then our buy positions keep pushing higher into profit!
SPX 1D Close Up Corrective to (4) and finishing the year STRONG!Based on this count I believe that the markets will begin to go corrective starting this next week into October and finishing the year at higher highs. As always trade responsibly and wait for your confirmation bias (whatever that might be)...
AVAX T1 Incoming!
Bullish reversal confirmed from long-term support zone 🔥
Breakout from descending structure + clean higher low ➡️ momentum shift is ON 📈
Now pushing toward the first major resistance level 👀
🎯 Targets Ahead:
• $31.15 (T1 — loading...)
• $38.70
• $47.94
Time to pay attention! AVAX heating up 🔥
ENS Potential Bullish ABCD Pattern Forming!
Price just tapped the 0.618 golden zone + support trendline 📉💥
We’re at point C, prepping for a potential move toward point D 👀
Pattern: ABCD Harmonic inside a bullish channel 🧠
• Fib levels aligning perfectly ✅
• Weekly structure still intact ✅
🎯 Watching next leg toward D @ 1.569 Fib extension
Stay sharp — this could be the beginning of a strong trend reversal! 📈
$ONDO: Ondo Finance – Tokenizing the Future or Facing Roadblocks
(1/9)
Good morning, champs! ☀️ LSE:ONDO : Ondo Finance – Tokenizing the Future or Facing RWA Roadblocks?
Ondo Finance just joined Mastercard’s Multi-Token Network, aiming to tokenize U.S. Treasuries! But with market volatility, is this RWA gem a buy or a wait? Let’s dive in! 🔍
(2/9) – PRICE PERFORMANCE 📊
• Recent Trend: Transaction volume spiked to 400M in Jan 2025, now ~300M 💰
• Market Insight: Up 1.6% recently (Daily Hodl, Feb 2025) 📏
• Sector: RWA tokenization surging with TradFi interest 🌟
It’s buzzing in the DeFi space! ⚙️
(3/9) – MARKET POSITION 📈
• Market Cap: Not specified; holds 40% of tokenized securities market 🏆
• Holdings: U.S. Treasuries, bonds via USDY, OUSG tokens ⏰
• Trend: Whales hold 88% of tokens, per IntoTheBlock 🎯
Firm, leading RWA tokenization! 🚀
(4/9) – KEY DEVELOPMENTS 🔑
• Partnership: Joined Mastercard MTN as first RWA provider (Feb 26, 2025) 🔄
• Expansion: Teamed with World Liberty Financial for RWAs 🌍
• Market Reaction: Steady growth in transaction volume 📋
Adapting, bridging TradFi and DeFi! 💡
(5/9) – RISKS IN FOCUS ⚡
• Volatility: Crypto market swings could hit token value 🔍
• Regulation: Compliance hurdles in tokenized assets 📉
• Concentration: High whale ownership (88%) risks dumps ❄️
Tough, but risks loom! 🛑
(6/9) – SWOT: STRENGTHS 💪
• RWA Leader: 40% tokenized securities market share 🥇
• Big Backers: BlackRock, Coinbase Ventures support 📊
• Tech Edge: Tokenizing U.S. Treasuries for DeFi 🔧
Got fuel in the tank! 🏦
(7/9) – SWOT: WEAKNESSES & OPPORTUNITIES ⚖️
• Weaknesses: High whale concentration, market volatility 📉
• Opportunities: TradFi integration, DeFi yield growth 📈
Can it tokenize to the moon? 🤔
(8/9) – 📢Transaction volume at 300M, Mastercard partnership live, your take? 🗳️
• Bullish: $2 soon, TradFi loves it 🐂
• Neutral: Steady, risks balance ⚖️
• Bearish: $0.90 looms, whales dump 🐻
Chime in below! 👇
(9/9) – FINAL TAKEAWAY 🎯
SMCI’s transaction volume and TradFi ties scream potential 📈, but whale concentration adds caution 🌿. Volatility’s our buddy—dips are DCA gold 💰. Grab ‘em low, climb like pros! Gem or bust?