This is based on descending triangles being bearish setup. So I would think that there are 2 entry points: 1. When it touches the upper trendline, or better yet, 2. When it breaks down from the lower trendline.
At 4H & 1H price more bullish leaving demand zone with huge imbalance. I will waiting or buy limit at 1HR zone and targeted previous high for TP. Above demand zone, we can see there are significant support formed. Price probably breaks those sig support and test the demand zone before continue uptrend.
Everybody sees more drops which is crash and collapse.. for me i see a recovery. Another leg and back the support and dip inside 1860 key support zone. Ethereum need to keep the bulls momentum and break way pass 2,050 area and 2,100 so the recovery is back healthy for the bulls to break the high. So now baby steps first and lets see how this plays out
A LT Supply Zone (Long-Term Supply Zone) in trading refers to a significant price level on a chart where sellers have previously overwhelmed buyers, leading to a strong downward price movement. These zones are identified by areas where price has made a sharp drop after a period of consolidation, indicating a concentration of selling pressure. Traders often watch these zones for potential reversals or breakouts, as they can act as key resistance levels in the future. The concept is commonly used in supply and demand trading strategies.
Seems like gold is gonna give us a little pullback after a long bullish momentum,
A clear pattern emerged as liquidity exited cryptocurrencies, equities, and indexes, redirecting into gold amid significant institutional short positioning ahead of its break above $3,000. This capital rotation indicated a well-orchestrated move, aligning with broader macroeconomic and geopolitical interests. Given this dynamic, there is reason to believe the Trump administration may favor a stronger gold market, potentially as a strategic measure to ease geopolitical tensions with Russian President Vladimir Putin. Putin has previously expressed dissatisfaction with gold’s position relative to digital assets in global markets, making this shift particularly noteworthy. I am requesting reputation points to contribute further insights. Engage with this post—like, follow, and comment to continue the discussion.
BTCUSD makes bullish divergence after break of hh put buy stop
Last Friday, after consolidating around the 2980 level, bullish momentum finally broke higher, driving prices to accelerate during European trading hours. Gold pierced the psychological 3000 resistance level but was rejected and pulled back into a choppy consolidation phase. The session closed near 2985 with a doji candlestick, maintaining the strong bullish trend with unidirectional momentum. From a 4-hour technical perspective, today's downside support levels are focused on the vicinity of 2975-80. Particular attention should be paid to the critical bull-bear dividing line support at 2960-2963. Intraday pullbacks should maintain a bullish bias initially while holding above the 2975-80 support zone. Upside targets remain focused on breaking above recent highs. Gold trading strategy： sell @：3000-3005 buy @：2975-2980 , 2960-2963 If you are currently not satisfied with your gold trading performance, and if you also need to obtain accurate trading signals every day, you can check the information in my profile. I hope it can be of some help to you.
With the new administration in the office I still have NQ bearish. We are at a key level that has been tested multiple times. I believe there is still selling pressure. Price is still under the 50EMA, bearish engulf and key level, and 4h also in a downtrend.
Nachdem der Goldpreis in der vergangenen Woche seitwärts tendierte, brach der Trend aus und stieg aufgrund der Nachrichtenimpulse. Der Preis stieg weiter auf die 3.000-Marke. Das Muster änderte sich außerdem von einem weiten Bereich zu einem Durchbruch der dreieckigen Konvergenz. Der aktuelle Trend ist eine kurzfristige Hochanpassung, und die Stundenlinie zieht wiederholt mit 2990-2980, und der obere 3000-Punkte-Widerstand steht unter Druck. Kurzfristig bildet sich vage ein Kopf-Schulter-Muster. Wenn die Linie 2980-2976 unten durchbrochen wird, wird die regionale Unterstützung 2960-2956 unten getestet. Kurzfristiger Widerstand über 2995-3000 Kurzfristige Unterstützung unter 2980-2976 Insgesamt steigt der Goldpreis und es besteht Bedarf für kurzfristige Preisanpassungen. Der Trend bleibt stark. In Bezug auf die Funktionsweise werden ergänzend kurzfristige Leerverkäufe auf hohem Niveau und ergänzend Long-Verkäufe auf niedrigem Niveau bei starken Kursrückgängen empfohlen. Heutige Operationsvorschläge: Die Bullen schlagen vor, dass wir, wenn der Goldpreis wieder in den Bereich von 2960-2956 fällt, Low-Long-Arrangements treffen sollten. Der Trend fällt unter 2950 und stabilisiert sich unter diesem Wert als Grundlage für den Stop-Loss. Die Aufwärtsziele sind 2980, 3000 und 3020. Vorschlag für Leerverkäufe: Gold steht im Bereich 2990-2995 unter Druck und sollte mit einer leichten Position einen Leerverkauf mit einem Stop-Loss bei 3005 versuchen. Das Abwärtsziel liegt bei einem Durchbruch von 2980 und anschließendem allmählichen Anstieg auf die Linie 2960.