Bitcoin Breaks Key Resistance – Upside Targets in Focus...Bitcoin has been consolidating below the $113,000 resistance level over the past few sessions. On the hourly timeframe, price has now successfully broken above this barrier and is sustaining the breakout.
📈 Trading Outlook:
* A pullback towards $113,000 could offer a favorable long entry opportunity.
* Upside Targets:
* First target: $117,000
* Second target: $122,000
The breakout and successful close above resistance suggest strong bullish momentum, provided price holds above the $113,000 zone.
X-indicator
BITCOIN TRADE ALERT📢 NFX Trade Alert – Swing Setup
💹 Instrument: BITSTAMP:BTCUSD Bitcoin (BTCUSD.r)
🛒 Trade Type: Swing – Buy at Market
📍 Entry: $113,750
⛔ Stop Loss: $112,500
✅ Target Profit: $123,000
Analysis:
BTC has reclaimed bullish momentum after holding above key short-term support. Current price structure suggests strength, with buyers stepping in around the $113k zone. A break and hold above $114k increases the probability of continuation toward the $123k resistance level.
Risk is defined with a tight stop at $112,500 to protect capital if momentum fails. This setup offers a favorable risk-to-reward ratio for swing traders.
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QQQ Grind-Up, Not Power-UpA gap occurs when the price opens significantly higher or lower than the prior close, leaving an empty space on the chart
1. Common Gap
Small, often within a range
Usually filled quickly (price comes back to close the gap)
2. Breakaway Gap
Happens at the start of a new trend (up or down)
Price usually does not fill quickly because it’s breaking out of a consolidation zone
3. Runaway / Continuation Gap
Occurs in the middle of a strong trend
Reinforces momentum, shows buyers/sellers rushing in
4. Exhaustion Gap
Appears near the end of a move
Often followed by reversal once the last buyers/sellers have entered
Many gaps get “filled” (price trades back through the open-close range)
Notice the jump candles where price leaps higher without overlapping prior highs
Those are mini-breakaway gaps on smaller timeframes
Larger daily gaps (from overnight futures) show up around major inflection points (~$540 or ~$500 in past months) often get retested
Gap up into resistance - fade (short-term sell bias)
Gap up out of consolidation - trend continuation
Gap down into support - bounce potential
Gap down breaking major support - momentum short
A big distance between prior close and next open (think 2%+ in QQQ, which is large for an index ETF) suggests a strong imbalance between buyers/sellers (news, macro shock, earnings, Fed, etc) & are often trend-driving (market re-prices & continues in that direction - breakaway or exhaustion)
Traders treat wide gaps as structural levels (price can revisit them weeks/months later)
The big shaded area in April/May around $450–$500 are wide gaps that anchor market structure
Small difference between close & next open (<1% in QQQ) are common gaps that occur more often & tend to get filled quickly (1–5 sessions)
Momentum traders don’t put much weight on them since they’re more noise than regime change
The small shaded areas around $560–$565 are narrow gaps which often act like magnets for price (easy “gap-fill” trades)
1. Wide Gaps are macro anchor levels
They define “areas of importance” where institutions re-priced risk
If price revisits then expect strong reaction (support or resistance)
The wider gaps ($540s, $500s) are less likely to fill immediately, but if momentum cracks, they’re where the market would re-price
2. Narrow Gaps are short-term magnets
They get filled often and quickly.
More useful for tactical swing or intraday trading
The narrow gap at $560–$565 suggests that if bulls fail at $580, this is the first “magnet” downside target
QQQ grinding against ATHs while narrow gaps remain unfilled shows momentum strength
Market is ignoring short-term inefficiencies because buyers are in control
If $580–$581 rejection holds, sellers will target the nearest narrow gaps first ($560–$565)
Only if weakness compounds do we start eyeing the wider gaps lower ($540s to the $500s)
The curved trend line is the line in the sand
Above = momentum grind
Below = unwind toward gap fills
This symmetry is powerful since markets often move in measured waves
If history repeats, the next breakout could target another +35 pts from the last base ($560–$565)
That projects into $595–$600, aligning with psychological round-number resistance
Equal legs can also signal a completed measured move
If momentum fails at $580–$581, this may be a double top, meaning trend is stretched
In that case, downside would first target gap at $560–$565 & possibly the $532 wide gap if the trend breaks
QQQ has rallied in 2 near-perfect measured moves of ~35 pts
A third move could carry it to $595–$600, but failing here suggests exhaustion
The trend + gaps below tell us exactly where risk opens if $580 rejection plays out
1. March–May (early rally leg)
Strong expansion in volume on the breakout from the base
Classic sign of institutional accumulation
2. June–July (second impulse leg)
Price kept making higher highs, but volume gradually tapered off
That’s a hallmark of momentum continuation without fresh conviction
It doesn’t kill the trend, but it does mean rallies are carried more by buyers stepping in on dips; rather than, aggressive new buying
3. August–September (near ATHs)
Volume remains muted during the grind into $580–$581 resistance
Price has lifted, but not on strong participation
Suggests buyers are cautious & sellers haven’t pressed yet either ( a “low energy” standoff )
R ising price + rising volume = strong trend
Rising price + falling volume = weak trend (risk of stall)
Falling price + rising volume = strong distribution
Falling price + falling volume = normal pullback (trend intact)
The grind into $580 looks more like rising price + flat/weak volume
That tilts toward caution - bulls need a volume expansion to confirm breakout; otherwise, the market risks a “measured move exhaustion” & reverts to filling nearby gaps
The first leg (April–May) with big green volume spikes shows strong conviction, but the second leg (June–July) shows price rose on lighter, declining volume, continuation, but less conviction, while the current leg (August–September) shows muted volume while pressing ATHs
This is rising price + flat/weak volume, a classic “grind-up” pattern
It works until it doesn’t - meaning breakouts need fresh volume expansion to hold
QQQ’s last two impulse legs were ~35 pts - the current one is tracing the same path
Volume, however, is lighter than on the first rally (momentum continuation, but less conviction)
Breakout needs volume confirmation; otherwise, expect symmetry to mark exhaustion & pullback toward gaps
RSI pushed into overbought (70+) multiple times
RSI is trending upward again, but still below prior peaks (~65 vs 70+)
Shows positive momentum, but not full-strength
RSI holding above 50 is bullish, but failure to reach overbought on a breakout attempt would be a warning of exhaustion
Volume is muted & RSI is rising, but not overbought yet
It means the breakout is vulnerable without a volume surge & RSI follow-through
RSI confirms buyers are pushing, but momentum is weaker than in the first impulse
Breakout with RSI >70 is fuel to $595–$600; breakout with RSI divergence is likely a bull trap
Another upside breakout—can this rally continue?Bitcoin has broken upward again. However, for those who haven't entered the market yet, there's no need to rush into chasing the rally. Looking back at the characteristics of recent market trends, after the price made multiple breakout moves, it has been difficult to sustain the upward momentum, often followed by a rapid pullback. Blindly chasing high prices can easily leave you in a passive situation of being trapped in the short term.
As for those who have already established long positions near key support levels in line with the previous strategy, there's no need to adjust your positions frequently at present—just continue to hold firmly. From a technical perspective, if this breakout can effectively hold above the key resistance level, the subsequent upside potential of the market will be far beyond the current minor fluctuations. The short-term consolidation is more like a period of momentum accumulation before the trend begins. It is recommended that everyone stay patient, hold onto your positions well, and give the market sufficient time to develop—"let the bullets fly for a while."
I'm Matthew, an analyst focused on technical analysis. If you have any questions regarding specific operations or trend judgments, feel free to communicate and discuss with me at any time. Let's learn trading logic together and move forward steadily in the market!
return to proven sellers provides cheap entry 1->3 : proven sellers at number 2 (minor for sure )
next ?
* rejection and consolidation at number 4
* entry would have vpoc behind us
* hidden bear divergence, 2nd degree(layered)
* ossolate around vwap then reject down ( if entered)
*obv pierce BB upper extreme at number 4 ossolation
* price pierces bb upper border also
*obv trend broken to bottom
Gold Price Analysis (XAU/USD): Key Levels and Market OutlookThe price of Gold (XAU/USD) has shown strong upward momentum in recent sessions, crossing above the $3,600 mark and briefly touching the $3,674 level, which represents a strong bullish push supported by significant trading volume (over 581K at that peak).
Current Market Overview
Current Price: $3,646.74 (as of the latest 4H candle)
Resistance Level: $3,674 (recent swing high)
Support Level: $3,640 (recent pullback low)
RSI Indicator: Around mid-range (60), showing neither overbought nor oversold conditions.
The Zig Zag indicator highlights the recent correction after reaching $3,674, where the price retraced slightly to $3,640 before consolidating. The market now trades sideways between these two levels, indicating a short-term indecision.
1. Resistance Zone:
Gold needs to break and sustain above $3,674 to confirm the continuation of the bullish trend. If this happens, the next target could be around $3,700 – $3,750.
2. Support Zone:
On the downside, if the price fails to hold the $3,640 level, a deeper correction towards $3,600 – $3,550 cannot be ruled out.
3. Momentum Indicators:
The RSI is currently neutral, suggesting room for both upside and downside moves. Traders should watch for RSI crossing above 70 (bullish continuation) or dropping below 50 (bearish pressure).
Trading Strategy
Bullish Bias: If Gold holds above $3,640 and breaks $3,674, traders may look for long positions targeting $3,700 and above.
Bearish Bias: A break below $3,640 could trigger short positions, with downside targets near $3,600 and $3,550.
Conclusion
Gold remains in a bullish structure but faces short-term resistance at $3,674. Traders should watch closely for a breakout or breakdown from this consolidation range to determine the next major move.
EUR/USD Long Setup — NY Session 📈 EUR/USD Long Setup — NY Session
Entry: 1.1711
Stop Loss: 1.1681
Take Profit: 1.1767
Risk/Reward:~3:1
🔎 Trade Idea
EUR/USD is holding firm above the 1.1700 pivot zone , which has acted as strong intraday support. Buyers continue to defend dips into this area, lining up with higher-timeframe bullish momentum.
With today’s U.S. PPI release showing a softer headline (–0.1%) but sticky core (+0.3%) , the dollar looks less aggressive than last week. This gives EUR/USD room to push higher into resistance levels if New York flows support it.
🎯 Trade Plan
Entered long from 1.1711
Targeting a retest of 1.1765–1.1770 (NY liquidity target)
Risk managed below 1.1680 in case bulls fail to hold 1.1700
⚠️ Key Watchpoints
If price loses 1.1700 support cleanly, expect sellers to drag it toward 1.1670–1.1650 .
Tomorrow’s ECB meeting is the bigger mover → I’ll secure profits at target 1.1767 and avoid holding into high-risk headlines.
Textbook setup: Buy the dip at structure support, aim for clean liquidity grab above recent highs
#EURUSD #Forex #PriceAction #Tradebudz
TRAND HIGHGold is on an upward trend near the September 11 ceiling, followed by the Supercycle roof, which can be seen as a more powerful trend with the failure of the Supercycle roof.
Is something special going to happen in the world in the near future?
(Like the war in the Middle East or World War III)
The chart doesn't lie.
XAUUSD Long Opportunity Price is currently testing the Asian High as a support, looking to trade from $3648 to the $3656 level and potentially beyond depending how price reacts to the USD PPI release.
Confluences include 21/50 SMA region test and within the 45-55 region of the RSI with a Level of significance as a support level at $3548
BTCUSDT.P 1D Time frameMarket Overview
Current Price: ~$112,380
Daily Change: Slight dip (around –0.3%)
Volatility: At multi-month lows, meaning the market is consolidating before a possible breakout.
📈 Key Levels
Immediate Resistance: $112,800 → price needs to clear this for upside continuation.
Next Resistance Zones: $114,000 → $116,000, and further up around $128,000.
Immediate Support: $111,000 → first cushion below current price.
Deeper Support: $110,000, then $107,800–108,000.
🔎 Technical Indicators
RSI (14-day): ~43 → Neutral, showing neither overbought nor oversold conditions.
MACD: Bullish crossover → suggests upward momentum is building.
Stochastic Oscillator: Near oversold → possible short-term bounce.
🧭 Outlook
Bullish Case: A sustained breakout above $114,000 could open a rally toward $128,000.
Sideways Case: Holding between $111,000 and $113,000 keeps Bitcoin in consolidation.
Bearish Case: A break below $110,000 could trigger a move toward $108,000 or even $102,000.
Overall Bias: Moderately bullish, but the market is in a tight range and waiting for a breakout.
BABA 1D Time frame📊 Market Snapshot
Current Price: Around $146–147
Recent Trend: Strong upward momentum over the past weeks
Overall Technical Bias: Bullish, but nearing overbought
🔎 Technical Indicators
RSI (14-day): ~75 → Overbought zone, signals strong momentum but also risk of pullback.
MACD: Positive → Momentum remains bullish.
Stochastic & CCI: High readings → Also showing overbought conditions.
📈 Moving Averages
5-day MA: ~$146 → Bullish short-term support
10-day MA: ~$145 → Still bullish
20-day MA: ~$140 → Strong base level
50-day MA: ~$137 → Medium-term support
100-day MA: ~$130 → Long-term support
200-day MA: ~$125 → Major long-term support
All major moving averages are aligned bullishly.
🔧 Support & Resistance
Support Zone: ~$145–146
Resistance Zone: ~$147–150 (immediate), with potential toward $160 if breakout continues
📅 Outlook
Bullish Case: If price holds above ~$147, it could target $150+ and possibly $160.
Bearish Case: Overbought readings may trigger a pullback toward $145 or even $140.
Overall Bias: Bullish trend intact, but short-term consolidation or mild correction is possible.
AMD 1D Time frameMarket Snapshot
Current Price: ~$155.82
Daily Change: +2.9%
Recent Trend: Up more than 30% year-to-date, but momentum has slowed in the last few weeks.
🔎 Technical Indicators
RSI (14-day): ~54 → Neutral, neither overbought nor oversold.
MACD: Slightly negative → Mild selling pressure.
Moving Averages:
5-day MA: ~$154.6 → Supportive (bullish short-term).
50-day MA: ~$157.9 → Acting as resistance.
200-day MA: ~$168.3 → Major long-term resistance.
Summary: Short-term momentum is holding, but medium to long-term averages are pushing down on price.
📈 Support & Resistance
Immediate Support: ~$150 – $155 zone
Resistance Levels: ~$158 (50-day), then ~$168 (200-day)
📅 Outlook
Bullish Case: If AMD sustains above ~$158, upside targets near $170–175 open up.
Bearish Case: A break below ~$150 could drag it toward $140–145.
Bias: Neutral to mildly bearish in the near-term, with long-term upside still intact if it reclaims the 200-day MA.
PLTR 1D Time frameCurrent Price & Market Metrics
Current Price: $162.36 USD
Previous Close: $156.10 USD
Day Range: Not available
52-Week Range: Not available
Market Cap: Not available
P/E Ratio: Not available
EPS: Not available
🔎 Technical Indicators
Relative Strength Index (RSI): 41.18 — Neutral
Moving Averages:
5-day: $155.47 — Buy
10-day: $156.69 — Sell
20-day: $164.09 — Sell
50-day: $156.92 — Sell
100-day: $140.04 — Buy
200-day: $111.35 — Buy
Moving Average Convergence Divergence (MACD): -1.74 — Sell
Commodity Channel Index (CCI): -47.49 — Neutral
Price Rate of Change (ROC): -10.30 — Sell
Trend Strength Indicator (ADX): 24.55 — Neutral
📈 Support & Resistance Levels
Support: $152.80 – $154.27
Resistance: $164.77
📅 Outlook
Bullish Scenario: A breakout above $164.77 could signal a move toward higher levels.
Bearish Scenario: A drop below $152.80 may lead to further downside.
Overall Bias: Neutral, with mixed signals from momentum indicators and moving averages.
Tata MotorsTrade Setup (Positional Swing)
Buy Zone: ₹705–715 (near breakout level)
Target 1: ₹760
Target 2: ₹800
Target 3 (extended): ₹850
Stop Loss: ₹670 (below recent support & triangle lower trendline)
⚠️ Note: Since this is a weekly chart, the move can take a few weeks/months to play out. Keep trailing your stop loss higher if price sustains above targets.
BNBUSDT — Bullish consolidation ahead of resumed uptrendThe bullish consolidation in BNBUSDT that I’ve been watching has begun to resolve in the market’s favor. Price action is coiling after two consecutive white spinning-top candles, a pattern that signals indecision but also a readiness to resume the prior trend when confirmed. The move has occurred on heavier volume concentrated in the current price area, and the pair sits roughly halfway between two key Fibonacci retracement levels — a location that commonly precedes a corrective bounce rather than a full trend reversal. Trend Strength sits just above zero, suggesting a fragile bullish bias rather than conviction.
Viewed on a slightly wider timeframe, BNBUSDT is grinding inside a shallow range that resembles a consolidation brick; the path of least resistance still leans toward the upside provided the short-term structure holds. Conventionally, the presence of consecutive indecisive candles on increased volume near mid-Fibonacci territory combined with a mildly positive momentum indicator favors a corrective rebound rather than an extended sell-off.
Key short-term levels to monitor on the way up are the 38.2% Fibonacci retracement as the likeliest target for the initial bounce, with a secondary cap at the 50% retracement if buyers show enough follow-through. Beyond those, a return toward prior highs remains plausible, though that area will present a zone of elevated resistance and will need clear volume-backed breakout confirmation to be trusted.
RSI and other momentum readings are consistent with a measured recovery rather than an impulsive surge, so expect the move to unfold over the coming 2–3 weeks. If the market fails to sustain above the 38.2% level and momentum turns down, the alternate scenario would be a continuation of the consolidation or a deeper retracement toward the lower Fibonacci boundary.
Short summary:
Setup : consolidation with two white spinning-top candles, heavier volume locally, price midway between two Fibonacci levels, Trend Strength slightly > 0.
Base case : corrective bounce to 38.2% (primary) — up to 50% (maximum) — then continuation higher toward prior highs (resistance zone).
Timeframe : ~2–3 weeks.
XAU/USD) Bullish trend analysis Read The captionSMC Trading point update
Technical analysis of Gold (XAU/USD) 1H analysis:
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Technical Breakdown
1. Ascending Channel
Price is trending higher within a clear ascending channel, respecting both support and resistance trendlines.
The bullish structure remains intact as long as price holds above channel support.
2. Demand Zones (Yellow Boxes)
Price respected a Fair Value Gap (FVG) demand zone around $3,600 – $3,620, leading to bullish continuation.
Another demand area around $3,640 acted as a recent support after a market structure shift (MSS).
3. Market Structure
A bullish MSS confirms upside momentum.
Higher highs and higher lows support the ongoing bullish trend.
4. RSI (14)
RSI at 59.46, leaning bullish but not yet overbought — leaving room for continuation to the upside.
5. Target Point
Projection points towards $3,689 as the next target, aligning with channel resistance and Fibonacci extensions.
Mr SMC Trading point
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Summary Idea
Gold is trading strongly within an ascending bullish channel, bouncing off demand zones and maintaining upward structure. As long as price holds above $3,640, the bias remains bullish with a target at $3,689.
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MYX Finance Price Nears ATH Post 22% Rise But Reversal Is LikelyAt the time of writing, MYX trades at $18.22 after surging 30% in the past 24 hours. The token recently set a new ATH on Tuesday and is now just shy of reclaiming that milestone, with momentum favoring another upward push.
Still, the threat of reversal looms. Historically, tokens entering fresh ATH zones often transition from accumulation to profit-taking phases. If investors book profits aggressively, MYX could retreat toward $11.52 or even lower, erasing part of its recent gains.
Conversely, if holders remain resilient and resist selling pressure, MYX could breach its ATH of $18.91 and push past $20.00. Such a move would invalidate the bearish outlook, setting the stage for another leg higher.
BTCUSDT 2Hour Time frameBTC/USDT 2-Hour Snapshot
Current Price: $112,349.00
Change: -0.29% from the previous close
Intraday High: $112,891.00
Intraday Low: $110,812.00
🔎 Technical Indicators
Relative Strength Index (RSI): Neutral
Moving Averages:
7-period MA: $112,376 (short-term support)
25-period MA: $111,484 (medium-term support)
99-period MA: $113,049 (short-term resistance)
📈 Market Sentiment
Pivot Points:
Resistance: $113,650
Support: $108,666
📅 Outlook
Bullish Scenario: A breakout above $113,650 could signal a move toward $120,000.
Bearish Scenario: A drop below $108,666 may lead to further downside.
Overall Bias: Neutral, with mixed signals from moving averages and momentum indicators.
AVAX/USD – Momentum Cooling Below Resistance🔴 SHORT below $27.20 – target $25.80
Avalanche trades at $26.78, under resistance at $27.10–27.20. SMA200 is lower at $25.81. Support lies at $25.80. RSI easing at 55, showing fading strength after breakout. Risk of retrace toward SMA200.
📖 Keywords: #AVAXUSD #Avalanche #CryptoReversal #BearishSetup #AltcoinWatch