BITCOIN → Consolidation before the rally. 106K - 110K?BINANCE:BTCUSDT , after breaking out of consolidation at 97,860 and distributing to 104,300, has returned to a consolidation phase, which is generally a positive sign for possible continued growth.
The growth of Bitcoin is linked to several reasons:
General improvement in the global market situation — easing of trade conflicts; Expectations of a US Fed rate cut; Influx of investment into Bitcoin ETFs
Technically , we see the price breaking out of its local downtrend and entering a strong distribution phase. The northern train continues to pick up passengers.
At this stage, I would like to draw your attention to the consolidation at 104300 - 102300. A rebound from resistance is currently forming, and we need to monitor the levels of 103300 - 102300 - 101700. These are quite important areas of interest. A false breakdown (liquidity capture) may form before further growth. A return to resistance and the formation of pre-breakout consolidation, for example between 104300 and 103300, will only increase the chances of a breakout of resistance and growth to 106-107K.
Resistance levels: 104300
Support levels: 103300, 102300, 101700
The trend is bullish, with Bitcoin consolidating. The coin is not going to fall (at the moment), but to build up potential, the price may form a false breakdown of support (a deceptive maneuver) before continuing to rise. Retesting the 104300 level could lead to a breakout and upward distribution.
Best regards, R. Linda!
Zigzag
EURJPY → Storming the resistance. Ready for the rallyFX:EURJPY is rising amid a stronger dollar and positive news about the de-escalation of the trade war. The currency pair is storming the resistance of the range.
The currency pair is forming a retest of resistance. A breakout and consolidation above 164.19 - 164.50 could support the market amid the dollar's growth.
The dollar is strengthening after positive news related to the de-escalation of the trade war. Against this backdrop, the Japanese yen is losing ground, which is generally affecting EURJPY.
A move above the key level will confirm a breakout of the resistance of consolidation, which could trigger a distribution phase...
Resistance levels: 164.19, 166.7
Support levels: 163.15, 162.38
The price has already entered the buying zone, meaning that resistance has been broken. All that remains is to wait for confirmation that the bulls are ready... Consolidation above 164.19 - 164.5 will confirm this, and in that case, we can expect distribution towards 166.7.
Best regards, R. Linda!
Chintai: Basic Chart PatternsThe first pattern (green) is an ascending channel which envelops an uptrend, rising prices. Higher highs and higher lows. Also, a perfect 1,2,3,4,5 sequence, a bullish impulse.
In-between the rising channel there is a period of consolidation, producing a bull flag (blue). The bull flag is a bullish continuation pattern, so prices continue rising.
The end of this uptrend starts an ABC correction (red) and within this correction we have also a double-top (red). Notice that the double-top doesn't necessarily have to be at the same resistance level but only close to be valid.
Wave A starts 17-December 2024 and ends 13-Jan. 2025.
Wave B starts where wave A ends, and ends 4-Feb. 2025.
Wave C starts 4-Feb. and ends either on the "left shoulder" of the next pattern or the "head." 10-March or 7-April. We take 7-April to be the end of wave C and the classic ABC correction.
Even before the correction ends, early reversal signals start the next pattern which ended up as an inverted head and shoulders (orange).
The neckline of the iH&S has already been broken giving us a strong bullish signal. This breakout is support by rising volume.
These are some of the most common patterns and can be used to read charts.
These patterns can be used in combination with other signals. Moving averages, oscillators, the volume indicator and candlestick reading. When coupled with the market cycle you can end up with a pretty accurate analysis.
Namaste.
GOLD → Correction before NFP. What are the chances of a decline?FX:XAUUSD strengthens amid dollar correction. The market is correcting ahead of NonFarm Payrolls, trying to accumulate potential before high volatility.
Gold recovers ahead of US employment report
On Friday, gold rebounded from a two-week low, recouping some of its losses ahead of the release of US labor market data (NFP), which could set the tone for prices going forward. Amid optimism over trade talks and a strong dollar, gold ended its worst week in two months, but geopolitical tensions and a potentially weak jobs report could boost demand for safe-haven assets again.
The correction in the dollar gives gold a small chance to strengthen. However, fundamentally, the overall trend has already set the tone and gold may continue to fall.
Resistance levels: 3268, 3285, 3295
Support levels: 3227, 3204
The correction may reach a local zone of interest (money pool) — liquidity above 3270, or the 0.7 Fibonacci zone, after which the price may continue its course along the new trend — down to 3193.
However, unpredictable and unexpected data could disrupt the structure and push the price up to 3320-3350.
Best regards, R. Linda!
Zignaly: Basic Technical AnalysisIn January 2024 ZIGUSDT turns bullish and starts to move within a rising channel, higher highs and higher lows.
In March 2025 this channel's lower boundary breaks for the first time and ZIGUSDT moves lower.
This week, ZIGUSDT moves "back into the rising channel." When this happens, from a technical analysis perspective, we can expect the action to continue as before the breakdown. So we can expect a higher high next compared to early December 2024.
The break of support between March and May this year can be considered a shakeout or stop-loss hunt event.
Currently, Zignaly has been green five consecutive weeks. This is the first time this happens and is happening with low volume. A recovery above support on low volume means that there is no sellers pressure. No sellers pressure lend additional strength to the assumption that ZIGUSDT can continue to grow in the coming weeks and months.
Of course, if the action were to move back below the blue trendline these signals would be invalidated. As long as the action is happening above, we can expect the continuation of the initial bullish trend.
Namaste.
Bitcoin Potential Continuation To The UpsidesHey Traders, in today's trading session we are monitoring BTCUSDT for a buying opportunity around 100,000 zone, Bitcoin is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 100,000 support and resistance area.
Trade safe, Joe.
SOLUSDT | 1 DAY | SWING TRADING Hey friends!
I’ve put together a detailed analysis on Solana just for you. The harmonic pattern has completed, and we’ve already seen some strong buying from that exact zone. 📈
Now, I’ve got two targets for you:
🎯 Target 1: 170.00
🎯 Target 2: 219.00
🔴 STOP: 75,81
"Just a heads-up — since this is a swing trade, the target might take some time to hit. Good to keep that in mind."
Remember, the more love and likes I get from you, the more motivated I am to keep sharing these analyses. All I ask is for a simple like to show your support. 💙
Huge thanks to everyone supporting with their likes — I truly appreciate it!
GOLD → Return to range. Fall from resistance...FX:XAUUSD is reacting to data related to the tariff war. The price is returning to the range and forming a false breakout of resistance. The level of 3370 and the zone of interest at 3387 play a key role.
On Thursday, gold rose to $3,400 amid a weaker dollar, increased demand for safe-haven assets, and continued uncertainty due to US trade policy and tensions in the Middle East and Ukraine. The Fed left rates unchanged and expressed caution in its assessment of the outlook, which also supports gold's rise.
However, in the European session, we are seeing gold react to the trade deal with Britain, most likely due to the easing of tariffs. Now the main focus is on the terms of the deal. We should not forget about China, where the situation remains tense, but everyone is waiting for a resolution.
Resistance levels: 3352, 3369, 3385
Support levels: 3319, 3269
The fundamental backdrop changes several times a day. At the moment, the situation is as follows: the rise of the dollar, the weakening of the tariff war, and the hawkish stance of the Fed may put pressure on gold. Therefore, I expect the decline to continue after a retest of 3370-3386. In this case, the target could be 3319.
Best regards, R. Linda!
SOLANA → Resistance level and free zone for growth up to 180.0BINANCE:SOLUSDT.P is holding steady and consolidating near the resistance level of the global price range of 152.85–111.85. Thus, the market has signaled that it is in a positive mood. A trigger is ahead...
SOL is forming a flag consolidation near the upper border of the trading range of 152 - 111, which indicates the accumulation of pre-breakout potential. A breakout from the flag, a break of resistance, and consolidation above 152.85 could provide support and growth. The cryptocurrency market is reviving after yesterday's news and relatively positive data in the tariff war. Countries are gradually beginning to agree, which is generally supportive for the crypto market.
Resistance levels: 152.85
Support levels: 144.6, 141.2
A breakout of the resistance range of 152.85 and consolidation of the price above this level will confirm the readiness for further growth. Further on, there is a free zone and the price can easily reach 180.00.
Best regards, R. Linda!
DOTUSDT Potential UpsidesDOTUSDT is currently trading within a broader uptrend and is in the midst of a correction. Price action is approaching the $4.60 zone, a key support and resistance level that aligns with the trend structure. This area may act as a pivot point for future movement, as the market continues to respect the prevailing bullish momentum.
Trade safe, Joe.
Why I'm Bullish on the DXY: A Fundamental Approach!Powell continues to take a cautious tone, emphasizing a wait-and-see approach while acknowledging rising inflation risks, which suggests there's no urgency to cut rates. This leans slightly hawkish, especially compared to the market’s more dovish expectations, and could support some near-term Dollar strength. However, a more sustained move in the USD likely hinges on progress in upcoming trade discussions—particularly with China. Today's FOMC outcome is just one part of the broader picture; the next key signal may come with developments in the coming days. For now, the bias remains USD bullish heading into the London session.
Technically, the DXY has broken its downtrend, signaling a potential shift in momentum. I’ll be watching for a possible retracement toward the 99.700 area, which could serve as a key support level before any further upside continuation.
GOLD → The rally has given way to a correction. News aheadFX:XAUUSD is rising amid a challenging geopolitical environment. During the Asian session, a correction to the zone of interest (0.5 Fibonacci) is forming. The situation is quite complex and tense.
On Tuesday, the metal strengthened to 3433 due to tensions in the Middle East, but during the Asian session, gold fell sharply due to optimism surrounding the upcoming US-China trade talks, the strengthening of the dollar, and profit-taking ahead of the Fed's decision.
Investors are waiting for Powell's speech, which will determine the future of interest rate policy.
Despite the decline, gold is supported by ongoing geopolitical risks in the Middle East, Eastern Europe, and South Asia.
Theoretically, if the bulls keep the price above 0.5 Fibonacci, the growth may continue to 3439, as the price has not yet reached the liquidity zone.
Resistance levels: 3439
Support levels: 3369, 3352
However, unpredictable data could trigger a return of the price to the range and a correction to 3323-3300. Risk is posed by upcoming news: FOMC, Powell's speech, and the rate meeting. The Fed's hawkish stance could put pressure on gold...
Best regards, R. Linda!
NZDCAD → Intra-range trading. Retest of resistanceFX:NZDCAD is strengthening within a neutral trading range. The currency pair is supported by the dollar's correction, but how long will this last? Ahead of us are the FOMC meeting and Powell's speech...
The focus is on the trading range within which the currency pair continues its local trend. Liquidity around the 0.8317 level is attracting the price. The correction of the dollar is having a positive effect on the NZD. However, news is ahead, and traders are expecting a hawkish stance from the Fed. Against this backdrop, a reversal may occur...
Since the currency pair is in a neutral range, there is a high probability of a false breakout and correction.
Resistance levels: 0.83175
Support levels: 0.82644, 0.8235, 0.8225
The liquidity zone is likely to stop the price (temporarily or reverse it). Further movement depends on fundamental sentiment, but based on rumors about the Fed's position, it is worth carefully analyzing what data the market will receive this evening. A tougher Fed policy or hints of one could strengthen the dollar and weaken currencies...
Best regards, R. Linda!
Ripple is Nearing The Main Trend!!Hey Traders, in today's trading session we are monitoring XRPUSDT for a selling opportunity around 2.16 zone, Ripple is trading in a downtrend and currently is in a correction phase in which it is approaching the trend 2.16 support and resistance area.
Trade safe, Joe.
Bitcoin is Showing a New Trend!!!Hey Traders, in today's trading session we are monitoring BTC/USDT for a selling opportunity around 95k, Bitcoin is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 95k support and resistance area.
Trade safe, Joe.
GOLD → An amazing recovery. Up to 3400?FX:XAUUSD continues to strengthen, testing resistance in the range, with buyers not giving up. The price breaks through the flat line and enters the buying zone; everything depends on the bulls...
Gold is rising for the second day in a row amid a weak dollar, increased demand for safe assets, and escalating conflicts in the Middle East and Eastern Europe.
Market nerves are being stoked by trade risks and instability in Asia, while investors await the Fed's decisions and Powell's speech.
GOLD is breaking out of its neutral range. Focus on 3369 and local resistance at 3381. The fundamental backdrop is favorable for gold. If buyers hold their ground above the indicated levels, the price may continue to rise.
Resistance levels: 3369, 3381, 3408
Support levels: 3352 (0.5f), 3330
I do not rule out the possibility of a retest of the local liquidity zone (long squeeze) at 3352 (0.5f) before continuing to rise. But at the moment, the focus is on 3369-3370, which are key levels (currently acting as support).
Best regards, R. Linda!
VIRTUALUSDT → Rebound from resistance. Trend break, U-turn?BINANCE:VIRTUALUSDT.P is pausing within an uptrend and forming a range within which signals of a possible reversal and decline are appearing.
Bitcoin is pausing its rally and moving into correction. This is a negative development for altcoins, which will not grow without the flagship.
VIRTUAL is consolidating, but pressure is building in the market (as can be seen from the cascade of resistance levels within the range). Another prerequisite for a breakdown of the market structure is a downward exit from the upward channel (a break of the trend support). Another retest of support at 1.581 could trigger a breakout and a fall. There is a fairly free zone below, and the nearest target is located in the 1.178 zone.
Resistance levels: 1.72, 1.829
Support levels: 1.581, 1.416, 1.178
Focus on the current range of 1.581 - 1.829. The chart shows that the price continues to storm and test support, which is an important signal against the backdrop of a broken uptrend. A break of support at 1.581 and consolidation below this level could trigger liquidation and a fall to the fvg zone or the liquidity zone at 1.178.
Best regards, R. Linda!
USDCAD → Storming the support level to break throughFX:USDCAD continues to storm support within the trading range amid a global downtrend
The currency pair is within the range, but the battle for support continues. The reaction to false breakouts is weakening and the price continues to attack the 1.378 level, which only increases the chances of a further decline
The dollar is rebounding from resistance and beginning to fall, which is having a corresponding effect on USDCAD. If the currency pair breaks 1.378 and consolidates below the level, this could trigger a continuation of the trend after consolidation...
Resistance levels: 1.381, 1.383
Support levels: 1.378, 1.374
Focus on the lower boundary of the trading range at 1.378. The role of the range is consolidation against the backdrop of a downtrend. Thus, a breakout of support will activate the distribution phase
Best regards, R. Linda!
GOLD → Gold not ready to fall? What's going on?FX:XAUUSD is forming a local bottom and is not ready to continue falling. The price is breaking through the downward resistance amid a weakening dollar and a complicated fundamental backdrop.
At the beginning of the week, the price of gold stabilized above $3,250 as investors returned to defensive assets due to ongoing uncertainty surrounding US trade agreements with China and Japan, as well as growing geopolitical tensions in the Middle East and Ukraine.
The weakness of the dollar ahead of the Fed meeting and declining expectations of a rate cut are also supporting demand for gold. The focus remains on US trade news and the possible hawkish tone of the Fed this week.
Technically, the price is testing the bottom of the range as resistance. If there is no reaction to the false breakout and the price continues to storm 3268, then a breakout and consolidation above the level will allow it to strengthen to 3292-3314.
Resistance levels: 3269, 3294, 3314
Support levels: 3243, 3222, 3204
The price is forming a second retest of 3269 since the session opened. Buyers are testing resistance for a breakout. If the bulls break 3269 and consolidate above 3270, the chances for growth will be good. I do not rule out the possibility of a retest of the liquidity zone at 3243 before growth.
Best regards, R. Linda!
EURJPY → False breakout of strong resistance at 164.FX:EURJPY rallies on news and reaches an important milestone. The liquidity pool formed above 164.00 may prevent the price from rising. There is a high chance of a false breakout.
Against the backdrop of the dollar's growth caused by PMI news, the currency pair is forming a retest of the key resistance level of 164.188 as part of a consolidation distribution and, with no possibility of continuing its growth, is making a false breakout.
Consolidation in the sell zone (below 164.188) will trigger a reversal and a fall.
Overall, the situation is neutral, with the market in a sideways range, and a false breakout could lead to a correction or reversal of the local trend.
Resistance levels: 164.188
Support levels: 163.17, 162.57
The formation of a reversal pattern relative to resistance and price consolidation below the level could give a good signal for a reversal.
Best regards, R. Linda!
BITCOIN → Correction to the risk zone. Rise or fall?BINANCE:BTCUSDT has updated its local maximum to 97,900, the market structure is quite positive, but still depends on the fundamental background and the behavior of the S&P 500.
The fundamental reasons that influenced the growth are the improvement in the tariff situation in the US and relations with China. Bitcoin's growth strengthened as the SP500 index rose, with which it has a fairly high correlation. In the second half of this week, the price broke out of the two-week consolidation, breaking through the resistance level of 95,500 and updating the local maximum. A correction is forming within the local upward channel.
95,000 is the liquidity and risk zone. That is, if the bulls hold their defense above 95K during the retest, Bitcoin will continue to grow in the short and medium term. Otherwise, a break of 95K could trigger a drop to 92K-88K.
Resistance levels: 97,425, 99,475
Support levels: 95,500, 92,000
All eyes are on the 95.5K support level, below which a huge liquidity pool has formed. Growth may be influenced by a retest (false breakout of support) and an imbalance of forces in the market. But we need to be careful, as the market will react to economic data. BUT! A return of prices to the selling zone (below 95000 - 95500) and the inability to continue growth could trigger a correction and liquidation.
Best regards, R. Linda!