BTCUSDT BEARISH BUTTERFLY IN 1H I go short it's only and a idea it's not a obligation to invest Disclaimer: This is my personal opinion and not financial advice. Please manage your risk accordingly.
A few of high impact news tomorrow and it will determine if XAUUSD will continue its trend or break further correct itself tomorrow. If it breaks 3300, the probability it will drop further for correction is highly probable. If not then it will continue its trend to the upside.
Dow Jones is currently struggling to reach 40,872. The index has been rising slowly daily, but the bullish move might decline if it cannot surpass the 40,872 barrier. The bearish move will be fulfilled if price action manages to remain under 40,800, stabilise below the 40,232 and 40,000. This is because of breaking out of the bullish trend and remaining outside and under the mentioned barriers, which will spearhead the likelihood of a downward trajectory. The potential fall may target 39200 and 38900, which may also lead to the development of the right shoulder of the inverse head and shoulder pattern, potentially for a bullish rise. However, if price action fails to go down and also stabilises above the 40872, the index will likely continue rising into the 41,000 and 42,000s.
Despite uncertainty still looming over the current global tariff based environment, TSLA price still seems to exhibit signs of a potential Bullish breakout as the price action may form a prominent Higher Low on the longer timeframes with multiple confluences through key Fibonacci and Support levels which presents us with a potential Non-Leverage hold opportunity. Entry: CMP 292 Stop Loss: 90 or 0 (depends on trading style as Non-Leverage Buy & Hold is recommended) Potential Range for Targets: 470 - 550
Natural Gas is showing early signs of completing a multi-year bottom and entering a potential new bullish impulse cycle. ? Key Technical Highlights: ✅ A-B-C correction ended at $1.50 (Feb 2024); impulse to $4.90 may be Wave 1. ? Current pullback looks like Wave 2, potentially bottoming near $2.85–3.00. ? Golden Cross (50 > 200 DMA) occurred in Oct 2024 — rare long-term bullish signal. ? RSI & MACD momentum are rebounding from deeply oversold zones. ? Volume shows signs of capitulation and early accumulation near $3.00. ? Chart patterns: Triangle + falling wedge breakout (on 4 hr charts) = bottoming structure. ? Seasonal cycles suggest spring weakness may be ending — summer upside risk rising. ? COT positioning: Specs remain extremely short, while commercials are net long — a classic contrarian buy setup. ⚖️ Gold/NG Ratio has peaked and is declining — historically a bullish signal for NG heading into 2026. ? Directional Bias: Cautiously Bullish Majority of signals are now aligned or turning bullish. A sustained breakout above $3.75–4.00 would confirm a broader trend shift. ? Trade Setups: ? Short-Term (1–2 weeks) Entry: $3.00–3.20 | Target: $3.75 | Stop:
Gold fell back after hitting the 3500 mark, and the current low is temporarily stable around 3260. The daily cycle shows that the gold price has failed to test the support level for three consecutive trading days, and the pattern shows a wide range of fluctuations with alternating Yin and Yang lines. In this market, blindly chasing orders is risky because the price lacks sustainability and the long and short forces frequently switch. On the 4-hour chart, gold showed a small range consolidation, and the Bollinger Bands contracted, further confirming the oscillating pattern. The current trend is waiting for external factors to stimulate it, and the fluctuation of the US dollar index and the change of risk aversion will become the key drivers.
Netflix - NASDAQ:NFLX - is insanely bullish now: https://www.tradingview.com/x/J0yXSfmU/ (click chart above to see the in depth analysis??) The entire stock market basically collapsed during April. Meanwhile, Netflix is creating new all time highs with a +20% parabolic bullish candle. Looking at the chart, this strength is very likely to continue even more until Netflix will (again) retest the upper resistance trendline. Levels to watch: $1.400 Keep your long term vision! Philip (BasicTrading)
Cipher Mining is bouncing from a well-defined historical demand zone (1.70-2.30) — a level that has consistently marked the start of powerful upside cycles. ? Technical Highlights: ✅ Major demand zone tested and respected — clear accumulation area ✅ MACD bullish crossover and histogram turning green ✅ RSI reversal from deep oversold — momentum shifting early ✅ Strong historical pattern: Each prior touch of this zone led to +100% moves ? Targets for Partial Profit-Taking: ✔️ TP1: $4.21 ✔️ TP2: $5.29 ✔️ TP3: $7.76+ (matches analyst avg. target of ~$7.84) No hard stop — this is a mid- to long-term investment setup ? Investor Context: ✅Analysts maintain a Strong Buy rating (avg PT: ~$8) ✅Cipher turned profitable in Q4 2024 and is expanding rapidly ✅Black Pearl (150MW) site goes live in Q2 → +70% hashrate growth ✅High exposure to Bitcoin upside, plus future HPC potential ✅Ideal setup for those building exposure to crypto infrastructure at cycle lows ? Note: Not a short-term trade. This is a high-conviction equity idea built on technical structure and strong fundamentals. Treat it as a long-hold with scaling opportunities. We’ll provide updates on earnings, expansion news, and macro signals as this plays out. ??
NASDAQ:QQQ We’ve spotted an Inverse Head & Shoulders breakout on the 1-hour chart, and we’re currently in the retest phase. - Measured Move (MM): $483.55 - Measured Timeframe (MT): May 1st @ 7 PM Let’s see if we can maintain momentum tomorrow and steer clear of any unexpected news or market shocks tonight. Not financial advice
As many of my loyal followers know, my analysis toolkit goes beyond just the standard fare of CME options data and COT reports. I dive deeper, utilizing additional filters like the average long and short positions of retail traders. These insights are publicly available, and while I won’t name specific sources to avoid any hint of hidden promotion, I’ll give you a clue: look for a website with the word "book" in its title. ? For years, I’ve relied on this data, and it has proven to be both reliable and insightful. The average positions of market participants serve as both filters and indicators. But what do I mean by indicators? Let’s break it down. When the price interacts with these levels, it reveals the market sentiment. For instance, if the price is below the average long position and breaks through easily, it’s a bullish sentiment. Conversely, if it hovers below the level and struggles to break through, that’s still bullish, as it indicates buyers are being drawn into profitable territory. Now, let’s flip the script for the bears: if the price breaks down from above or struggles below the average short position, that’s a bearish sentiment. The price isn’t responding to sellers, dragging them into a profit land. There’s more. Often, you’ll notice different behaviors near these key levels, allowing you to enter positions with an incredible risk/reward ratio of 3:1, 5:1, or even better! This clarity gives you insight into the current market mood—who’s being punished and who’s favored at that moment. Now, let’s take a look at the screenshot of the British Pound futures chart. Here’s what you’ll see: - A green line representing the average long position of retail traders. - A red line for the average short position. - The breakeven point of a put option contract for the June futures expiring on May 22, with 1,320 contracts at a strike of 1.295. Take a moment to study the chart. What do you observe? ? Ok, breathe in, breathe out. Tomorrow, we’ll dive deeper into this analysis. Don’t forget to subscribe so you won’t miss the continuation of this story! The insights I’ll share are definitely worth your time, as I aim to shift your perspective on the market by demonstrating a clear methodology without relying on indicators or technical patterns. Stay tuned; it’s going to be incredibly valuable! ?✨