Short-term Bear Case for CRCLHello Traders!
As part of my weekly equity trade analysis, I will be uploading my recordings of what I am seeing and intending to trade for the week. A quick summary of what's in the video is as follows:
- CRCL is a high beta stock that seems to not be moving in tandem with its peers as of late
- I am expecting volatility due to market data and monthly options expiration
- CRCL has formed a new bearish order block below another bearish order block and is wedged with a weekly bearish setup. We are anticipating expansion out of this range to the downside
- I am waiting for a re-test of $199-$205 for a full move to $155-$145
Cheers,
DTD
Fibonacci
Pudgy Penguins PENGU price analysis🪙 It seems that #PENGU is being sold off, and the price of OKX:PENGUUSDT has been stuck in consolidation at conditional highs for several days now, where positions are likely being redistributed.
Nevertheless, if at the beginning of the year, after listing, the price of the #PudgyPenguins token was released into not even “free float,” but simply into “free fall,” now, for several months, it has been “held” in a controlled manner.
🐻 If our assumption is correct, then the price of #PENGUUSDT should adjust to $0.01 or, in the worst case, to $0.0065-0.0070
📈 And if we are wrong, then the price of #PENGU has every chance of breaking out through to $0.02 in the coming days. With a global target of $0.03
⁉️ What is your opinion
Is this a fundamental project that is doomed to grow, or just a manipulative memecoin toy?
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Bitcoin BTC price analysis📈 Two weeks have passed since the previous analysis of the OKX:BTCUSDT chart, and the market has decided to go with the 1️⃣ scenario.
Less than 3% remains to reach $125,000, and the price could easily get there by inertia, but that's a minor detail.
CRYPTOCAP:BTC is updating its ATH, and total liquidations on the crypto market over the past 24 hours are “only” $750 million, of which almost $450 million is accounted for by #Bitcoin.
Weak, very weak... Previously, longs were liquidated for $2+ billion, and it was reported that the actual amount of liquidations was significantly higher due to the fact that the exchanges' data was not fully disclosed. (For the sake of objectivity, at that time, the lion's share of liquidations was accounted for by altcoins, but now this is not the case).
◆ During this time, Trump introduced new tariffs — the market was “on a roll” — it swallowed it and didn't even notice the news.
◆ Tomorrow, July 15, the US CPI will be announced — the forecast is for inflation to rise from 2.4% to 2.6% (although there are rumors that the situation in the US economy is much worse and this may "come to light" tomorrow).
◆ July 16 - PII announcement - these indicators may act as a “cold shower” to bring the market out of its euphoria.
◆ From July 14 to July 18, the US Congress is considering three key crypto laws, including the GENIUS Act. Major players consider this a powerful driver. Perhaps the current growth has already “played out” and priced in expectations for news.
🪐 And this trading week will end on 18.07 with the start of Mercury retrograde, even the US Congress is postponing all important matters, and you still don't believe in it ))
🖐 Long positions are certainly beneficial, appropriate, and in line with the trend at present, but it is advisable to hedge them with stops, because as mentioned above: the price is rising, and there are few liquidations. During the previous decline in the cryptocurrency market, there were significantly more liquidations of long positions, and they may wish to repeat this.
And with the #BTCUSD price correction, there will be a fixation: some will have profits, and some will have losses in stablecoins, which would then be logical to reinvest as capital in altcoins. First in something more voluminous and less risky, and in the last stage, they will pump everything in a row)
But until then, we still need to survive and preserve our deposits.
So, in your opinion: correction to one of the levels:
1️⃣-$110k 2️⃣-$97k 3️⃣-$90k
or
is everything written above complete nonsense, and the market growth has only just begun to “take off”?
TURBO: Next Leg Higher in Progress📈 CRYPTO:TURBOUSD is building momentum after holding key support levels, with Elliott Wave projections pointing toward the equal legs target zone at $0.008–$0.011. The recent bullish structure suggests continuation, especially following its Binance US listing and strong community backing.
Gold still has room to pull back, be brave and short gold!Gold continued to rebound today, and we also successfully gained 150pips profit in long gold trading. However, although gold is currently maintaining its upward trend, the rebound strength of gold is not strong during the European session, and it has repeatedly touched 3375 and then fell back, proving that there is still some resistance above. In my previous trading point of view, I also emphasized that gold is under pressure near 3380 in the short term. In addition, from a technical perspective, today's intraday high is limited to 3395.
So in order to dump the bullish momentum so that it can break through 3380 more smoothly, or even continue to above 3340, gold will inevitably have a retracement in the short term. So when most people in the market are still waiting for a retracement to go long on gold, I will definitely not waste the opportunity of gold retracement in vain.
So for short-term trading, I will consider shorting gold appropriately in the 3375-3395 area, with the target looking at 3360-3350. After gold falls back as expected, we might as well consider going long on gold at a low level.
Bittensor TAO Eyes Next Upside Target📈 BINANCE:TAOUSD attracted strong demand in the Blue Box buying zone at $302–$214, triggering the next bullish leg.
Elliott Wave projections now point toward a move into the $608–$684 target area, supported by impulsive structure and rising momentum.
As long as price holds above the recent low, the bullish sequence remains intact.
QQQ watch $556.31 above 552.96 below: Break of either should RUNQQQ (Nasdaq) has flown off the bottom like a rocket.
Now up against a Golden Genesis fib at $556.31.
Local support fib from bottom is below at $552.96.
Break of either should result in a strong next leg.
Next decent support below is at $54.51-541.58
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DRIV eyes on $24.00: Golden Genesis fib holding orbit over 3 yrsDRIV is once again testing the Golden Genesis at $24.00
Ultra High Gravity fib has held it in orbit for over 3 years.
Break and Retest should start the next Leg with vigor.
Looking for a Retest entry to pop to $26.13 minimum.
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XAU/USD (GOLD) – Potential Bullish Continuation After ConvergenOn the 1H chart, we are currently observing a potential bullish continuation setup forming on XAU/USD. Here’s a detailed breakdown:
🔍 1. AO Bullish Convergence
The Awesome Oscillator (AO) shows a clear bullish convergence, suggesting momentum is building in favor of the bulls. This typically signals a potential continuation of the uptrend, especially when paired with structural confirmations.
🌀 2. Elliott Wave Count
Wave 1, 2, and 3 are already established on the chart.
Price is currently retracing, potentially forming Wave 4, with Wave 5 yet to be completed.
The retracement aligns with classic Fibonacci levels, with a potential bounce zone forming at the 1.618 fib extension near 3330–3327, which also acts as a strong SNR zone (support now after previous resistance).
📊 3. Break of Structure (BOS)
A clear Break of Structure (3351) confirms bullish intent after wave 3.
Price retracement toward the 1.618 zone could present a buying opportunity, as long as this level holds.
🧭 4. Entry Strategy
✅ Buy Bias:
Watching for price to enter 3330–3327 zone (1.618 fib + SNR zone).
Confirmation needed: Look for another BOS within this zone before entering long.
If BOS forms inside this area, we can anticipate a continuation into Wave 5 toward the 3,375 and beyond.
❌ Invalidation:
Setup will be considered invalid if price breaks and closes below the 1.618 zone (3327).
This would invalidate Wave 4 support and could signal a deeper correction or trend reversal.
🎯 Target Projection:
If the setup holds, potential Wave 5 target is projected toward the top zone near 3,410–3,420, based on fib extension and previous price action.
📌 Conclusion:
This is a classic bullish Elliott Wave continuation setup backed by AO convergence and structural confluences. Patience is key—wait for BOS confirmation at the 1.618 zone before entering. Always manage risk, especially near fib extension zones.
📅 Published on: July 14, 2025
📍 Timeframe: 1H
💬 Feel free to share your thoughts or setups below. Trade safe!