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Gann

WIF - Waking up from the dead?Hey traders! 🚀 Looks like WIF is testing a major support near 0.627 USDT, a critical Gann level. 🔹 Holding above could trigger a reversal towards 0.869 - 1.191 USDT 📈 🔹 A breakdown might lead to further weakness – watch for confirmations! -Seems like the chance to buy the hat at such cheap prices ^^ -Imho ^^, the worse is likely in and even if we get a pullback, we'll chop around near the lows. Price at a Strong Support Zone: The price is testing the 0.627 USDT level, which appears to be a key support in the Gann structure. This level could act as a potential reversal zone if buyers step in. 2️⃣ Bullish Scenario (Bounce from Support) If the price respects this support and starts forming bullish candles, we could see an upward move toward: 0.869 USDT (First resistance level) 1.191 USDT (A stronger resistance level and possible target) 3️⃣ Bearish Scenario (Breaking Support) If 0.627 USDT is broken to the downside, the price might continue dropping toward lower levels such as: 0.400 USDT or lower, based on the Gann structure's projections. 4️⃣ How to Confirm the Direction? Watch price action at this support level—if bullish reversal candles appear (like a hammer or bullish engulfing), it could signal a potential buy entry. If the price closes below the support with strong bearish momentum, it could confirm further downside movement. Watch for price action around the Gann grid lines works as your regular trend lines it gets better when u recheck the chart after a few weeks too! 💡 Conclusion: The price is at a critical level, so we need to monitor how it reacts here before deciding on the next move! 👀📉📈 🎯 What do you think? Are we going to see a bounce or more downside? 🤔💬
by Magic_xD
Gold trend analysis and top and bottom signal sharingGold has risen for the seventh consecutive week. The RSI indicator is at a high level close to 80. The price is at the upper track of the Bollinger Band and exceeds the line. The price deviates from the MA10 daily moving average. Once the weekly RSI indicator forms an overbought or top divergence, and considering that the 7-week rise has reached a critical time window, we need to be careful of short-term peaks! From a technical perspective, the short-term trend structure of the daily chart remains intact, but the price indicator has reached the end. We need to pay further attention to the subsequent policy impact of Trump's new policy. Once the top divergence is established, it will usher in a short-term wide-range downward shock and trend reversal! The bullish upside space exceeds 330 $, and we need to start considering the bulls entering the end. At present, the transaction is still in the trend of participating in the short-term transaction of buying at a low price. The key resistance or historical high pays attention to the mid-term short opportunity of the band! The gold market came a little late last Friday night. NFP bottomed out and rebounded directly to break through the new high, breaking the shock pattern! Gold hits a new high in the short term, and the bullish energy is very strong. The first wave of piercing is just a test, and there may be another pull-up and breakthrough in the future! Gold fell after the short-term piercing, but the current gold price has begun to weaken its downward energy near 2855, and this intraday trend also shows that there is a strong support effect at the 2850 line. In the short term, gold is supported by 2850 and has not fallen below the NFP market low of 2852. It is easy to bottom out and pull up again, so the later short-term layout should first refer to the purchase above 2850! Key points: First support: 2853, second support: 2845, third support: 2830 First resistance: 2878, second resistance: 2888, third resistance: 2906 Operation ideas: BUY: 2855-2858, SL: 2847, TP: 2870-2880; SELL: 2890-2893, SL: 2902, TP: 2870-2860;
OANDA:XAUUSDLong
by Jun-GoldAnalyst
February 7 Bitcoin Bybit chart analysisHello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, Please would like one booster button at the bottom. Here is the Bitcoin 30-minute chart. The Nasdaq indicator will be released at 10:30. (Non-farm index) Since it is a sideways section and there are so many variables in the Nasdaq, I proceeded as safely as possible. Also, the sideways section is difficult and complicated to explain, but today, the participation rate was good, so I proceeded simply and mildly. *Red finger movement path Long position strategy (final short) 1. 96,727 dollars long position entry section / cut-off price when the green support line is broken 2. 100,445.5 dollars long position 1st target -> Top 2nd target until the weekend After reaching the top section, switch to a short position Check the live support line and price range The first section at the top is a sideways market From the first section breakout, an upward trend can be connected. If you don't touch the first section and come down right away, the second section becomes the final long position, and the MACD dead cross imprint on the weekly chart during the weekend is the main key point. Even if it breaks through the top section and continues to rise, the dead cross may continue to press down next week, so it could be a headache. If you look at the bottom, from the current position to the sky blue support line of $98,912.5 (safe zone) and maintain it without breaking away from the bright sky blue of $92,796 at the bottom (danger zone), it would be good. You may have been surprised by the sudden decline last week due to Nasdaq and Trump, but as I explained last time, since the movement is within the expected range, it seems that the direction will be revealed to some extent after this week. I ask that you simply refer to and use my analysis so far, and I hope that you operate safely with principle trading and stop loss prices. You worked hard this week too. Thank you.
BYBIT:BTCUSD.PLong
by BitCoinGuide
BTCUSD Swing Analysis Hello Traders Swing Structure is Bullish on HTF Price made a retracement to form a HL, on a HTF-POI and resulted into a MSS which is more clear on internal structure. Internal Structure is Bullish After the recent bullish BOS, I was able to identify Discounted prices for possible long positions targeting the newly created swing high. Detailed (Focusing on recent price action, Price has reacted to LTF POI identified and now I am waiting for MSS and a pull back to the market LTF-POI targeting the most recent internal swing high)
Long
by Ocean98