GOLD 1H CHART ROUTE MAP & TRADING PLAN FOR THE WEEKHey Everyone,
Please see our updated 1h chart levels and targets for the coming week.
We are seeing price play between two weighted levels with a gap above at 2872 and a gap below at 2851. We will need to see ema5 cross and lock on either weighted level to determine the next range.
We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next range.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.
We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
BULLISH TARGET
2872
EMA5 CROSS AND LOCK ABOVE 2807 WILL OPEN THE FOLLOWING BULLISH TARGET
2885
2898
EMA5 CROSS AND LOCK ABOVE 2898 WILL OPEN THE FOLLOWING BULLISH TARGET
2911
2923
BEARISH TARGETS
2851
EMA5 CROSS AND LOCK BELOW 2851 WILL OPEN THE RETRACEMENT RANGE
2841 - 2819
EMA5 CROSS AND LOCK BELOW 2819 WILL OPEN THE SWING RANGE
SWING RANGE
2807 - 2794
SECONDARY SWING RANGE
2782 - 2764
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
Community ideas
February Altcoin Requests Hey everyone,
Surviving the Bloodbath & Finding market Opportunities! As we know the market has been brutal with relentless drops, liquidations, and many portfolios deep in red. The current conditions are shaking out weak hands, and it’s frustrating watching investments get drained daily. But this is when smart traders prepare, adapt, and position for the inevitable turnaround.
That’s why we’re opening up our February Alt Requests! Let’s identify potential recovery setups and navigate this market with strategy and patience.
📅 Submission Deadline: February 12th, 2025
🔹 Request Guidelines:
✅ Each member may submit one altcoin for analysis.
✅ Use the format: ETHBTC, ETHUSDT, or ETHUSD.
✅ Ensure you include the coin’s ticker symbol or full name.
Despite the harsh conditions, we’re committed to analyzing at least 30 altcoins and providing clear, unbiased insights to help everyone make informed decisions.
⚠ Important Reminder:
All analyses are for informational purposes only and do not constitute financial advice. Always conduct your own research before making investment decisions.
💡 The market is ugly right now, but this is also where the biggest opportunities are born. Stay focused, stay disciplined, and let’s work through this together! 🚀
XAUUSDHello Traders! 👋
What are your thoughts on GOLD?
Gold remains in a strong uptrend, reflecting buyers' dominance in the market. However, at current levels, the risk of buying is high, and a price correction is likely.
The best approach in this situation is to wait for a pullback and enter at optimal levels for a better risk-reward ratio.
If the correction occurs and stabilizes at the identified level, the price is expected to rise at least to $3,000.
Don’t forget to like and share your thoughts in the comments! ❤️
GOLD 4H CHART ROUTE MAP & TRADING PLAN FOR THE WEEKHey Everyone,
Please see our updated 4h chart levels and targets for the coming week.
We are seeing ema5 and price play between two weighted levels with a gap above at 2867 and a gap below at 2833. We need ema5 to cross and lock above or below the weighted Goldturns to determine the next range.
We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next range.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.
We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
BULLISH TARGET
2867
EMA5 CROSS AND LOCK ABOVE 2867 WILL OPEN THE FOLLOWING BULLISH TARGET
2894
EMA5 CROSS AND LOCK ABOVE 2894 WILL OPEN THE FOLLOWING BULLISH TARGET
2924
EMA5 CROSS AND LOCK ABOVE 2924 WILL OPEN THE FOLLOWING BULLISH TARGET
2958
EMA5 CROSS AND LOCK ABOVE 2958 WILL OPEN THE FOLLOWING BULLISH TARGET
2979
BEARISH TARGETS
2833
EMA5 CROSS AND LOCK BELOW 2833 WILL OPEN THE FOLLOWING BEARISH TARGET
2800
EMA5 CROSS AND LOCK BELOW 2800 WILL OPEN THE SWING RANGE
SWING RANGE
2771 - 2743
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
GOLD WEEKLY CHART MID/LONG TERM ROUTE MAPHey Everyone,
Please see update on the weekly chart idea we have been tracking for over a month now and still playing out, as analysed.
After hitting and completing 2729 target 2 weeks ago, we then stated that we had a candle body close above 2729 opening long range/term gap at 2856 and will need ema5 lock to further confirm this.
- We got the ema5 lock to further confirm this and this was then hit perfectly last week completing this target. We now have a very small body close above 2856 leaving 2896 open and will need ema5 lock to further confirm this.
This is the beauty of our channels, which we draw in our unique way, using averages rather than price. This enables us to identify fake-outs and breakouts clearly, as minimal noise in the way our channels are drawn.
Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
Timing? Trump Set To Grow 1,000,000% By Next Week (Read Now!)Tell me something, do you think the timing is right?
Is this the right timing?
Good evening/morning my fellow Cryptocurrency trader, I hope you are having a very wonderful day.
What do we have here?
The greatest memecoin ever to be launched, ever, period.
Let's see if it can grow by 100, 200 or even 300% in the coming days.
Let's see what the chart has to say.
TRUMPUSDT went through the classic boom and bust.
When a new project is launched, it tend to be received with much hype. After some initial growth, it tends to enter a correction but, after this correction, a new cycle develops and it is possible TRUMP is entering this new cycle. Only time will tell.
This trading pair, from top to bottom, corrected by a massive 80%. That is, -80% from a peak price of 78 to a low price of 16. Normally, this much correction tend to be enough to produce a bottom low. Once the bottom is in, we tend to see growth and yes, the chart is saying that growth is possible and soon to follow.
After the initial bearish impulse we have some sideways consolidation. This sideways isn't much but considering how strong the down-wave was, sellers must be satisfied.
The chart shows multiple levels as targets for the short- to mid-term. This is expected to happen within 1-3 months. Do you agree? Hit follow.
So TRUMPUSDT is turning bullish but trading volume is still low.
These signals are early; not confirmed, it is really early to be honest but by the time the signals are confirmed prices will be trading high up.
As with anything, there is always risk involved when buying this or any other coin. Just know that prices can drop further down, but we are aiming up.
We are live, we are good, we are love and we are blessed.
Knowing this, we are going ALL-IN hoping for a big win. No stop-loss.
Let the market take care of the rest.
You do your thing and I'll do mine.
We are going to win big if the timing is right.
Thank you for reading.
Namaste.
Lingrid | GOLD Weekly Price Action AnalysisOANDA:XAUUSD market shows strong bullish momentum, with a streak of 6 consecutive weekly bullish closes and a +4% gain this week. The price is pushing higher, but has yet to reach the 2900 level, which may lead to a period of consolidation below this level or deep pullback. Markets often consolidate below or above strong levels before breaking through them.
On the daily timeframe, a pinbar has formed, indicating potential level rejection and a possible correction. The double top pattern suggests a pause in the bullish momentum, and the fake breakout of the previous resistance zone further supports this view. Given these signs of a pullback, it's likely that the market will form a trend continuation pattern, such as a triangle.
If a pullback occurs, the support area between the January high and last year's high would be a great spot to consider a long trade. This area provides a strong foundation for a potential bounce, making it an attractive entry point for a long position. Overall, I expect the market to pull back before potentially continuing its upward movement, as long as the price action supports this scenario.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
GOLD DAILY CHART MID/LONG TERM UPDATEHey Everyone,
Please see our new daily chart idea after completing our last daily chart idea last week.
We have now drawn a new channel in our unique way to establish the trend range and currently seeing price play between 2827, the channel half line support and 2904 axis resistance level.
We will need to see 2904 level broken for a continuation to test the channel top and we also have the channel half line below to establish floor to provide support for the range. A break below the half line will open the lower part of the channel to establish floor on the channel bottom.
]This is the beauty of our Goldturn channels, which we draw in our unique way, using averages rather than price. This enables us to identify fake-outs and breakouts clearly, as minimal noise in the way our channels are drawn.
We will use our smaller timeframe analysis on the 1H and 4H chart to buy dips from the weighted Goldturns for 30 to 40 pips clean. Ranging markets are perfectly suited for this type of trading, instead of trying to hold longer positions and getting chopped up in the swings up and down in the range.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up using our smaller timeframe ideas.
Our long term bias is Bullish and therefore we look forward to drops like this, which allows us to continue to use our smaller timeframes to buy dips using our levels and setups.
Buying dips allows us to safely manage any swings rather then chasing the bull from the top.
Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
"The Dragon's Wick Wars: Bitcoin's Fiery Battle for $100K" 🔥 **The Dragon Awakens: Bitcoin Battles Fire and Fury at Critical Levels!** 🔥
This isn’t just another candlestick chart—it’s a battlefield! The dragon has taken flight, spewing fire across the market as Bitcoin wages war at pivotal levels. With every move, the stakes grow higher, and the market burns brighter! 🐉🔥
📌 **Key Wicks, Key Clues**:
The arrows point to crucial wick action—these aren’t just random shadows; they’re the market’s battle scars! Each wick tells a story of intense rejection, fierce resistance, or bold support. The first wick ignites the firestorm, showing where buyers and sellers are clashing with brute force.
📊 **$100,701 Breakout Drama**:
The breakout at $103,308 was no quiet escape—it roared with intensity! A downward-sloping trendline marked the dragon’s fiery descent, dragging Bitcoin into a zone of uncertainty. Now, the $100,701 level stands as a battlefield, with $99,887 below as a critical fallback point. Can the dragon hold the skies, or will it be forced to retreat?
🚨 **The Zones of Fire**:
Highlighted zones show where the heat is strongest. Buyers are building their defenses around $95,665 and $94,197, while sellers rain fire from above. This is the heart of the action—the no-man’s-land of market chaos.
💥 **The Wicks That Speak**:
Every rejection wick blazes with meaning, every confirmation wick fuels the narrative. Will Bitcoin find support in the flames of $91,194, or is the dragon preparing for another fiery breakout?
**This is no ordinary market moment. This is the stuff of legends, where every candle burns with intensity and every wick reveals the story of survival. Buckle up, traders—this dragon isn’t done breathing fire yet.** 🐉🔥
GOLD MONTHLY CHART LONG TERM/RANGE ROUTE MAPHey Everyone,
Please see update on our monthly chart idea for our long term/range analysis.
Our Monthly chart idea is now finally complete from candle body close above 2702 leaving 2825 axis target open, which is now hit and complete.
Please review all the historical updates below to see how we have been tracking this chart over several months. We will share a new long range monthly chart idea from next month.
LAST UPDATES OVER THE PREVIOUS MONTHS
Previous month in December we stated that the month started with a detachment to ema5 below for a correction, which was highlighted with a small mini circle on the chart for visual purpose.
- This detachment to ema5 was completed perfectly.
We also stated last month in December that the area above 2589 is a strong level of support with ema5 providing dynamic support now for a bounce.
- This also played out perfectly with ema5 providing dynamic support and above our 2589 support level for the push up, perfectly hitting our axis target 2702.
We then stated that we had two days for month end and will need a body close above 2702 for confirmation for a further continuation or a body close below 2589 to confirm the channel top test below. We also stated that if price closes this month in this range without the body closes, then we are likely to see play between this range for another month with not much detachment on the next monthly candle to ema5, which means the likely dynamic support should be provided by ema5 from the beginning of the month.
- This played out perfectly in January as the the ema5 provided the dynamic support right from the start, which followed with a nice push up. We now also have a candle body close above 2702 leaving a gap to 2825 Axis our long term target that we have been tracking over the months.
We will continue to use all support structures, across all our multi time frame chart ideas to buy dips also keeping in mind our long term gaps above. Short term we may look bearish but looking at the monthly chart allows us to see the bigger picture and the overall long term Bullish trend.
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
Bitcoin Seasonality - Best Month (October) and Best Day (Monday)It's very important for every Bitcoin trader to know its seasonality because this will significantly increase the probability of successful trades. I have been trading Bitcoin for almost 10 years, and I successfully use seasonality patterns to predict Bitcoin price movements. For example, you don't want to go long on Bitcoin during August or September; that's probably a very bad idea. The biggest market crashes usually happen in September. But you definitely want to go long in October or April, as these months are the most promising. Knowledge of these patterns will give you an advantage over standard retail traders. Every trade matters.
Average return by Month (%)
January: +5.1%
February: +12.1%
March: +4.8%
April: ˇ+18.7%
May: +14.2%
June: +4.4%
July: +6.1%
August: -3.1%
September: -8.4%
October: +22.2%
November: +17.9%
December: +7.3%
Average return by Weekday (%)
Monday: +0.63%
Tuesday: +0.18%
Wednesday: +0.54%
Thursday: +0.40%
Friday: +0.37%
Saturday: +0.45%
Sunday: +0.10%
Currently I am bullish on Bitcoin as the price is in an uptrend and the bear market is not confirmed; I expect Bitcoin to hit 115k probably at the end of February. What I also expect is an alt season - alt season is starting right now! So it's time to buy some altcoins. Ethereum should outperform BTC in the next weeks as well.
Write a comment with your altcoin, and I will make an analysis for you in response. Also, please hit boost and follow for more ideas. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!
BITCOIN → Down to $90,000. Downside risks are risingBINANCE:BTCUSD feels the change of mood and continues to form set-ups hinting at a possible continuation of the correction. Another retest of the 90K risk zone is possible.
On the medium-term timeframe bitcoin failed to hold near ATH, in the upper consolidation range and entered the local selling zone, under the level of 99800. A negative note is felt in the cryptocurrency market, as well as a change in sentiment. Altcoins continue to break through bottom after bottom without any positive prospects. Bitcoin at this time is most likely resentful of the US governing apparatus due to the fact that no promises from Trump have been kept so far, and the price is moving into a protracted correction in the local perspective
Briefly, here's what's going on:
Expectations: Bitcoin reserve, cryptocurrency market support, transparent regulation, pumping the market ...
Reality: new scam coins created before the US election that sucked all liquidity, market manipulation, trade war with almost every country on the planet, dumping the market into the abyss.
Support levels: 95.8 (trigger), 91300, 90K
Resistance levels: 100.2, 102.67
Technically, the situation is that bitcoin may continue its decline and test 90K again, from which the risks around 90K will grow.
At the moment, the price is in consolidation between 95.8 - 100.2. A pre-breakdown consolidation is forming near the support, foreshadowing the support breakdown and further fall to 90K. But, due to the dependence of the asset before the actions of politicians in the U.S., the price may shake out to 100.2 before further falling
Regards R. Linda!
THE KOG REPORTTHE KOG REPORT:
In last week’s KOG Report we said we would be looking for the market to open, test the high and then give us the short trade into the lower red box levels. We gave the levels of 2775 and 2755-60 to traders for potential RIPs of which the 2775 region gave us the tap and bounce that we wanted to get that long trade.
We mentioned our target level of 2828 which was active and as we saw, it not only completed but was surpassed. During the week, we updated traders with the plans for pull backs and red box target levels, of which again, nearly all were completed. That along with another 8 Excalibur targets just on Gold!
An extremely decent week on the markets in Camelot, not only on gold but the numerous other pairs we trade and analyse.
So, what can we expect in the week ahead?
For this week we’re in a similar situation to the last two weeks, price has close high and it’s too risky for us to attempt long trades up here unless we’re scalping the red boxes. We have the immediate resistance level above of 2865-8 which is a potential opening target if they take this upside from the open. This is a key level and needs to be watched, if rejected this could be the first opportunity to short again into the lower levels of 2855-50 and below that 2830-35. If broken, we’ll look higher at the 2895-2902 (target region) level for another attempt.
On the flip, ideally we want to see this go down into the first region 2830-5 for the bounce, and then flip the resistance to continue the move downside into the lower support and red box levels which is where we will be waiting again to swing this long.
In summary, expect ranging first part of the week, potential for 2885 resistance and 2855 support which are the levels that need to break to determine the next move. Don’t get carried away with trading it to the moon or shorting it to the core of the earth. Trade it how you see it on the day, follow KOG’s bias of the day and the red box targets which are proven to be effective for day traders and scalpers.
KOG’s Bias for the week:
Bearish below 2875 with targets below 2855, 2850, 2845 and below that 2835
Bullish on break of 2875 with targets above 2890, 2897, 2899 and above that 2902
RED BOXES:
Break below 2850 for 2847, 2844, 2839, 2835 and 2826 in extension of the move
Break above 2860 for 2865, 2872, 2874, 2890 and 2902 in extension of the move
Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated.
As always, trade safe.
KOG
Are you ready for $180,000 Bitcoin?BTC remains firmly bullish, and the market structure continues to align with the Elliott Wave framework, despite short-term volatility. The rounding bottom formation is still in play, and its full potential has yet to unfold. Price has completed sub-wave 4, and we are now awaiting the final leg to complete this mini-cycle before the emergence of the larger macro waves.
The broader expectation remains a rally towards $180,000, a level that will likely be reached when market sentiment is at its weakest, as institutions and whales continue accumulating retail sell-offs.
Patience is key—stay ahead of the market and play smart.
Gold next move (weekly forecast)(10th Feb -- 14th Feb-2025)Go through the analysis carefully, and do trade accordingly.
Anup 'BIAS for the week (10th Feb -- 14th Feb-2025)
Current price- 2862
1st scenario (bearish move)
"if Price stays below 2875, then next target is 2851, 2840 and 2822 and above that 2890"
if price violates the 1st Scenario (i.e. close above 2875), then next target is 2885, 2890 and 2910.
-POSSIBILITY-1
Wait (as geopolitical situation are worsening )
-POSSIBILITY-2
Wait (as geopolitical situation are worsening)
Best of luck
Never risk more than 1% of principal to follow any position.
Support us by liking and sharing the post.
Bitcoin may drop to support line before reboundingHello traders, I want share with you my opinion about Bitcoin. We can observe how the price entered a range when analyzing the chart. It initially dropped to the support level, aligning with the buyer zone at the lower boundary of the range. After spending some time trading near this level, the price dipped further into the buyer zone but quickly rebounded, rising to the upper boundary of the range. Following this, the price reversed and fell back into the buyer zone, where it consolidated for a while before climbing back into the range. Shortly afterward, Bitcoin rallied to the resistance level, corresponding to the seller zone, breaking out of the range and eventually surpassing the 104600 level to reach a new all-time high (109000 points). However, BTC then began to decline within a downward channel, where it broke below the 104600 level again and dropped to the channel’s support line. Although the price attempted to recover, it failed and rebounded from the seller zone back to the buyer zone. Subsequently, the price moved back into the channel, creating a false breakout, and continued its downward movement within the channel. Given the current structure, I anticipate that BTC might drop to the channel's support line before initiating a new upward movement. Based on this outlook, I’ve set my target price (TP) at 101300 points. Please share this idea with your friends and click Boost 🚀
Bitcoin’s Fake Breakouts—Bears Taking Control!?Bitcoin ( BINANCE:BTCUSDT ) failed to defeat Resistance zone($100,520-$97,200) , the 50_SMA(Daily) , and the Monthly Pivot Point for the umpteenth time and even created a Fake Break .
It also seems that Bitcoin has been unable to break the Resistance lines .
According to the theory of Elliott waves , it seems that Bitcoin has succeeded in completing the corrective wave so that the structure of the main wave C is the Expanding Ending Diagonal .
I expect Bitcoin to break the Support zone($96,520-$95,720) and touch $95,500 this time, I told you about the importance of this price in the previous post .
Note: If Bitcoin can break the Resistance zone($100,520-$97,200) , the 50_SMA(Daily) , and the Monthly Pivot Point , we should expect an increase to Cumulative Short Liquidation Leverage($103,210-$102,454) .
It doesn't seem reasonable for Bitcoin these days to provide a long-term or even mid-term analysis, and we need to stick to a series of resistance and support levels in order to determine the next targets. Do you agree with me?
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Prepare yourself for a $17K ETH !
Hello, Traders 🐺
As I promised you, my dear friends, in my previous idea about BTC.D (link to BTC.D idea is below this post) , I’m here to share some amazing updates on ETH , which I’ve been wanting to share for a long time.
Honestly, guys, I’ve been waiting for the right time to do this because I’m a dedicated trader , and I believe that trading is all about perfect timing . In my humble opinion , this is the beginning of the ETH season , and you should definitely consider buying some.
(This is not financial advice! Do your own research.)
So, let's begin:
As you can see, every single time , we have had a final shakeout before the pump , and right after that , ETH has made a massive and explosive move .
I’ve tried to make it as clear as possible for you guys by highlighting all the necessary details on the charts . However, if you still have any questions, feel free to ask them below this idea.
Also, don’t forget to follow me and like this idea to show your support! 🚀🔥
"The Financial Convergence Star Points to $114K" Now, take a look at the star-like pattern formed by the intersecting lines (trend lines, resistance, and support levels). This is more than just a random drawing—it’s actually quite unique and meaningful.
Convergence of Trend Lines:
The star shape is formed where multiple trend lines intersect. This convergence represents a critical area where the market could make a decisive move—either a breakout (upward) or a breakdown (downward).
It’s like all the forces in the market are coming together at this point, creating pressure. Think of it like a spring being compressed—it’s ready to explode in one direction.
Central Point of Action:
The center of the star (near the Bear Zone boundary) is a high-tension area. When price approaches this point, it’s likely to react strongly—either bouncing away or breaking through.
This makes it a key spot to watch for reversals or trend shifts.
Balance Between Zones:
The star sits between the Bull Zone (green) and the Bear Zone (red), symbolizing the battle between buyers and sellers. This makes it a pivot point, where the market can decide its next major trend.
These zones help visualize sentiment changes in the market based on price movement. The Bull Zone indicates a potential area of upward price movement, where buyers dominate. The Bear Zone, on the other hand, reflects selling pressure and downward momentum.
Breakout Peak:
Above the Bull Zone, we see the Breakout Peak labeled at 110,044.37, which represents the highest point reached after a breakout.
This suggests strong bullish momentum led to that point, and it could act as a potential resistance level if the price revisits it.
Support and Resistance:
Resistance (red dashed lines): These are key levels where upward price movement has historically been capped or slowed down.
Support (green dashed lines): These levels show where price has found stability in the past, with buyers stepping in to prevent further declines.
These levels are critical for identifying breakout or breakdown zones and planning entries or exits.
Trend Lines and Patterns:
Several trend lines are drawn on the chart, representing both short-term and long-term trends.
The converging lines near the Bear Zone resemble a triangle or wedge pattern, which often precedes significant breakouts or breakdowns.
The lines connect support, resistance, and price trends into one focal area, visually guiding us to key decisions.
Price Levels:
Key price levels are marked, such as 102,599.85, 107,284.53, and 91,711.17.
For example, 102,599.85 and 107,284.53 are interim resistance levels within the Bull Zone, where price action may slow or reverse.
91,711.17 and 80,080.43, on the other hand, are below the Bear Zone, acting as potential downside targets if bearish momentum strengthens.
Wizard Illustration:
The wizard on the chart represents the "magic" or unpredictability of the market. It reminds us that while price action may seem random, tools like trend lines, zones, and support/resistance levels help us make sense of the chaos and plan accordingly.
Market Sentiment and Multi-Timeframe Analysis:
The chart divides sentiment into Bull and Bear Zones, balancing the analysis between breakout potential and retracement risks.
Judging by the clarity of the levels and zones, this is likely a higher timeframe view (e.g., weekly or biweekly), making it ideal for analyzing macro trends or planning swing trades.
Summary:
This chart serves as a roadmap for trading decisions:
Focus on the Breakout Peak as a critical resistance level.
Monitor how the price behaves near the Bull Zone and Bear Zone boundaries to anticipate market sentiment shifts.
Use the star pattern as a focal point for high-tension moves and breakout/breakdown signals.
Pay attention to the drawn support and resistance levels and their impact on future price movement.
In short, the chart ties everything together—zones, levels, patterns, and sentiment—to provide a detailed strategy for navigating the market while at the same time, institutions are the money movers who control the price movement.
Be careful with DOT !!!The price has formed a bullish wedge on the 1h time frame, and if it breaks out, it can drive the price up to around $5.
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
BRENT - Intraday forecast, Technical Analysis & Trading IdeasMidterm forecast:
While the price is above the support 68.485, beginning of uptrend is expected.
We make sure when the resistance at 81.651 breaks.
If the support at 68.485 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis:
A peak is formed in daily chart at 81.735 on 01/15/2025, so more losses to support(s) 73.868, 71.698, 70.505 and minimum to Major Support (68.485) is expected.
Take Profits:
75.270
77.558
79.049
81.651
84.161
87.271
91.613
95.108
98.908
103.260
106.431
115.785
123.265
131.000
__________________________________________
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