See for yourself. Since Apr 24 we had red UMVD and market went sideways. This is exactly what's happening right now. We have RED UMVD after a new high and now we just had first bounce from the bottom Green TrapZone. No Longs till we get fresh GREEN UMVD. Small size plays only till, buy the bottom and sell the tops with this red UMVD. Will post the hourly for close up next. Happy trading and stay safe, dear snowflakes!
BINANCE:BERAUSDT swing daily chart – As long as the area is still on track and there is no trendline rejection, it is still possible to hold a swing trade (spot/futures). The maximum take profit area is at 11,550.
This chart shows Silver (XAG/USD) on a 1-hour timeframe, with the price currently moving toward a target of 31.5373. After hitting resistance, the price began to decline and has reached a support level around 31.17. Traders may look for a potential bounce off the support or a further drop depending on price action. The target of 31.5373 indicates a possible recovery or reversal.
Here is we can observe the broadening out of the stock concentration we have observed for the past 4 years in the Mag7 which at its peak reached 35% of the market. To read this chart correctly. 1: This is ES/Mag 7 relative strength. It is full ES 500- MAG 7- Apple, Amazon, Google, Meta, Microsoft, Nividia Tesla. 2. When this chart goes up, it means concentration is broadening out i.e more investment into more of the SP500 other/ smaller companies and less into Mag 7. 2.1 When this chart goes Down, it ca signify A: Heavy selling in Mag 7 companies. OR B: Heavy buying in the broader set of S&P500 companies. OR Both at the same time.
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watch list and see if the rules of your strategy are satisfied. Dear Traders, If you like this idea, do not forget to support it with a like and follow. PLZ! LIKE COMMAND AND SUBSCRIBE
I just now opened a short position on vtho. I think the market is high and right now is about to dump back down. Also breaking structure , sign of weakness. Time sensitive
Last week closed at $94,265. The lowest close since Bitcoin broke above 90K on the 11-Nov. session happened at $93,563, the 26-Dec. 2024 week. The highest close happened at $104,447 on the 9-Dec. week. This is the trading range. Between $93,000 and $104,000 based on candle close. Bitcoin went sideways starting early December 2024 and continues sideways to this day. We are projecting an end to this pattern in the coming weeks and months. I can say it is over now but before it shows we need a weekly close above 104. It can take some time because we are set to experience slow and steady grow. Imagine Bitcoin's price growing daily by $500 on average, or maybe $800 or $1,000. It would take 20 days of +$500 daily for Bitcoin to reach $103,000. Just an example. 10 days at +$1,000 each day would add $10,000 to Bitcoin's price. So it would take 30 days to add $30,000. $30,000 would put Bitcoin at $123,000. So imagine Bitcoin trading at 120K in April 2025. It can go faster or slower but these examples can start to create a picture. With this picture we can build a map. Last week closed as a hammer. When the hammer shows up at the bottom of a move, it spells the end of such move. Bitcoin didn't produce a downtrend but the three months sideways, between November '24 and February '25 can count as a trend. If the same period had a downward bent, last week's drop and recovery would signal the end of such trend. Hold on. Let me try and speak clearly. I am saying that the bottom is in. The new week can start shy and speed up toward the end. The truth is that we have good news and this good news sealed the bottom but the market still has to go through its loading phase. I am talking about several months of bullish consolidation before a major rise takes place. The good news is that a portion of the market, many of the smaller Altcoins, will start to boom in response. Let's talk resistance and support. $90,000 is a strong support. There has never been a close below this level. A wick can always touch it or pierce it but this would be short-term. When undesirable action develops, we look for the weekly timeframe for confirmation. Last week is the best example of all. Six days red but the week ended up being neutral. The chart technicals and dynamics stayed the same. Actually, the long lower wick ended up producing a bullish signal. $90,000 followed by $85,000 are the immediate and main support. The immediate resistance is set at $97,444. Once Bitcoin moves and closes above $97,400 we can expect nice growth. While Bitcoin remains below this level, we are still mixed and within consolidation and accumulation. Bullish advance and higher gets confirmed once this resistance breaks. Once broken, we can consider higher prices, we aim directly at new All-Time Highs. All levels that have been challenged in the past we can ignore. So the main target would be $120,000 followed by $128. Then we have $159,000 and the rest can be consider for the long long-term. The in-between targets can be seen on the chart. Thank you for reading. Namaste.
Last week's gold market was basically a turning point. Both the daily and weekly lines showed long negative lines at high levels, and also showed short-term top signals. The weekly line closed with positive lines for 10 consecutive weeks, and the bulls are very strong. This wave of rise has not yet shown a peak signal in the overall structure, but only a short-term top has appeared. This week, our short-term gold thinking will follow the bears and we will be bearish first. Last week, it fell a lot, and today, Monday, needs a repair. Gold fell to a low of 2832. At present, 2832 is not the low point of this wave of adjustment. There is a possibility of continuing to refresh this week. Our adjustment target for this wave is 2800 first. This wave of adjustment is related to the strong rise of the US dollar. In addition, there are many positive signals in the situation between Russia and Ukraine that are suppressing gold. The 4H pattern of gold shows that today's Asian session suppression position is around 2877, and the daily suppression position is 2888. It is also the pattern pressure of the pattern support conversion. Today's gold will not break 2888. The general trend is bearish. The short-term Asian session focuses on the profit of the range of 2854-2877. You can go up in the short term. If you want to look far ahead, try to be bearish at a high altitude. Support 2854 and 2842, strong support 2832, pressure 2877, strong pressure 2888, and the strength and weakness watershed of the market is 2860. Operation suggestion Gold----Sell near 2873, target 2860-2840
gold open the market today with a gap up. AS I expected as a sign of 2835 as a strong support. will be expecting gold to making its retest close to 2835 or near 0ts swap zone 2840 area before confirming to buy.
Pairs on Watch - FX:USDJPY A short overview of the instruments I am looking at for today, multi-timeframe analysis down to what I will be looking at for an entry. Enjoy!