EURJPY IDEA After seeing the previous day close with bullish momentum we could expect continued push to the upside but since the 4hr is trading at a HH area a slight retrace could occur before the next bullish move to the upside
Fibonacci Retracement
BTC/USD 1H ShortTerm🔍 Trend:
The short-term uptrend remains in effect, supported by the orange trendline.
The price has tested dynamic support but has not yet broken it.
🟥 Supports (Important Levels):
🔻 1. 119.550
Key support.
The price is currently testing it. Holding = potential upside rebound.
Breaking = greater downside risk.
🔻 2. 117.260–118.040 USD
Clear demand zone (reinforced by prior consolidation).
If the price breaks below current support, this is the next logical stopping point.
🔻 3. 115.237–115.500 USD
Strong weekly support – very important in the event of a stronger correction.
Historically, it has responded many times.
🟩 Resistance:
🔼 1. USD 121.673
The nearest local resistance – this could pose a problem for further growth.
🔼 2. USD 123.961
The last local high. Breaking it confirms the continuation of the uptrend.
🔼 3. USD 125.785
The next resistance – a potential target after a breakout to the upside.
📈 Technical Indicators:
RSI (classic):
Still below 50, but starting to reverse slightly upward – neutral with a slight potential for a rebound.
Stochastic RSI:
Gives a long signal – the lines have crossed in the oversold zone and are pointing upward.
📊 Scenarios:
🟢 Bullish:
Maintaining the current support zone (119.5–120k).
Breakout above 121.673 → target: 123.961.
Breakout of 123.961 = trend confirmation and target: 125.8k+
🔴 Bearish:
Break of the trend line and support at 119.550 → possible quick decline to 117.2k–118k.
If this doesn't hold, target: 115.2k
✅ Summary:
Decisive moment – tested trend line + support = rebound or breakout point.
The Stochastic RSI indicates a potential upside breakout, but the RSI needs confirmation.
Careful monitoring of volume and reaction to 120k in the coming hours.
LINK has FINALLY Broken out of a 207D DowntrendReclaimed the .236 Fib 🔥
Volume to confirm ✅
Bullish crossover on the 20 / 50MA
It’s about time!!!
CRYPTOCAP:LINK Marines Unite 🪖
NASDAQ Potential DownsidesHey Traders, in today's trading we are monitoring NAS100 for a selling opportunity around 22,800 zone, NASDAQ is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 22,800 support and resistance area.
Trade safe, Joe.
GBPUSD → Correction amid a global bullish trend...FX:GBPUSD is testing the 1.345 - 1.35 area as part of a correction. The price is closing the imbalance zone and testing support, which may trigger a reaction. Further developments will largely depend on the dollar, which is testing resistance.
The daily market structure is quite strong. The correction against the backdrop of a strong trend is within acceptable limits, and bulls should fight to keep the price away from risk zones. GBPUSD, as part of the correction, closes the imbalance zone of 1.34 - 1.35 (0.7 - 0.79f) and forms a false breakdown of the intermediate support level of 1.3476. If buyers hold their ground in the 1.347-1.35 zone, the currency pair will be able to return to the global trend.
Support levels: 1.3476, 1.345, 1.3382
Resistance levels: 1.3511, 1.359, 1.375
Price consolidation above 1.349 - 1.350 will confirm the market's intentions. In this case, we can expect growth to 1.36 - 1.374.
Best regards, R. Linda!
Volatile Times for GBPJPY: What’s Going On Behind the Moves?Good morning, Guys,
I’m anticipating a new short opportunity on GBPJPY once the pair reaches my sell zone level. From there, my target is set at 197.934.
Every like from you is what truly motivates me to keep sharing these insights.
Massive thanks to everyone who shows love and support!
BITCOIN → Stopping after the rally? What next? 125K or 110K?BINANCE:BTCUSDT rose and updated its historical maximum to a new record of 118K with “kopecks” (different prices on different exchanges). Now the price has supposedly stopped and entered a consolidation phase, but it is too early to draw any conclusions based on this alone...
Fundamentally, Bitcoin rose following the SP500 and NQ100 indices. The reasons are clearly geopolitical. The correlation level is not high, but the flagship is following the stock indices, which are also updating their historical highs.
Technically, Bitcoin has emerged from a two-month consolidation and entered a realization phase. So what's next? Continuation of the phase or correction? Let's take a look.
On the daily chart, I would highlight two zones. The risk and sell zone is below 117,500. If the price closes below this zone today/tomorrow, we will most likely be able to look for signals for a possible correction. As part of the correction, we can expect a decline to 115,500, 114,300, or even to the old ATH of 112K.
The second zone is the buying zone. A closing price above 118,400–118,900 and consolidation with the gradual formation of a breakout of structure may hint at a possible continuation of growth toward psychological targets.
Resistance levels: 118,400, 118900
Support levels: 117100, 116700, 115500
In the chart above, I have highlighted the situations, levels, and zones that interest me more precisely.
Now I am waiting for Bitcoin to retest resistance or support and confirm certain levels, based on which decisions can be made. I think that in the near future, Bitcoin will show us where it is headed. Updates will be published as something interesting emerges...
Best regards, R. Linda!
Perfect Retracement till 30.90Hidden Bullish Divergence on Bigger tf.
Perfect Retracement till 30.90
Now Sustaining 43 may lead it towards
47 & then 53 - 54.
Should not break 30.80 now.
It has the potential to touch 70 - 71 if 63
is Crossed & Sustained with Good Volumes.
$TOTAL CRYPTO MARKET CAP BREAKOUT CONFIRMEDWhat a FILTHY Weekly Close back within the POI 🚀
Bulls are back in biz, for at least the next few weeks.
I’m expecting a bit of sideways chop here, and the next leg up the first or second week of August.
This is in no way, shape or form a call for “ALT SEASON”, yet.
Still need to see what happens in the next few weeks,
BUT IT LOOKS PROMISING 🙏
SOLUSDT → Countertrend correction and hunt for liquidityBINANCE:SOLUSDT looks quite promising on the bullish side. The price is testing one of the key resistance levels within the local trend rally. A correction is forming. Is it beneficial for us?
On the higher timeframe, we see a change in character, a breakout of the trend resistance, and the formation of an upward trend support line. Bitcoin is still bullish (locally) at this time, but it is consolidating, which generally provokes a correction in SOL as well. Focus on the 150-149 area. If the bulls are able to keep the price above this zone after the retest, followed by the formation of momentum, this can be considered a positive medium-term sign.
Locally, the price within the trading range of 149.36 - 158 is heading towards the area of interest and liquidity (eql) at 149.36. The current sell-off is most likely triggered by a large player seeking a more favorable entry into the market.
Resistance levels: 154.75, 156.8
Support levels: 149.36, 147.93
In the current situation, it makes the most sense to consider an intraday trading strategy. A countertrend correction and a retest of support could attract buyers...
Best regards, R. Linda!
GOLD → Retest of consolidation resistance. Breakout?FX:XAUUSD is consolidating in a symmetrical triangle pattern. The price is stabilizing amid a falling dollar and uncertainty...
Gold is recovering after falling to $3,283 thanks to a weaker dollar and lower bond yields amid concerns over Trump's new tariff threats. The announced tariffs against seven countries, including Brazil and the Philippines, have heightened tensions, partially offsetting the Fed's hawkish signals. Markets are now awaiting new data from the US and speeches by Fed officials, which could influence the further dynamics of gold.
Technically, gold is squeezed between the resistance and support of a symmetrical triangle. The price is being aggressively pushed away from support within a bullish trend, but at the same time, gold is testing resistance for the fifth time, which only increases the chances of a breakout.
Resistance levels: 3330, 3345, 3358
Support levels: 3308, 3295
If gold continues to storm the local resistance at 3330 and the triangle resistance during consolidation, we will have a good chance of catching the breakout and growth. An additional scenario could be growth after a shake-up of the triangle support and the global trend.
Best regards, R. Linda!
$UNI - $10 from here?Hi guys! 👋🏻
🔔I'll be trying this setup for Uniswap
🔔 We have bounced from the strong support at $4.80, which we retested in April 25 and May 7 forming a pattern impersonating a double bottom
🔔 With the current chart pattern and levels, I'll be expecting a jump with a target on $10.
🔔 Might drop to $5.70 before another move upwards.
✊🏻 Good luck with your trades! ✊🏻
If you like the idea hit the 👍🏻 button, follow me for more ideas.
Gold Potential UpsidesHey Traders, in today's trading session we are monitoring XAUUSD for a buying opportunity around 3,330 zone, Gold is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 3,330 support and resistance area.
Trade safe, Joe.
GOLD → Distribution. There is potential for growth to 3450–3500FX:XAUUSD breaks through consolidation resistance and forms a distribution pattern. A breakout of 3345-3358 could lead to another rally amid high economic risks...
Gold is rising for the third day in a row amid growing concerns about new tariffs announced by Trump. He threatened to impose tariffs on Canada and most of its trading partners, as well as the EU. Despite the strengthening of the dollar, demand for gold remains strong due to uncertainty and expectations for US inflation data next week. Investors are cautious ahead of CPI and the Fed's possible response
The correlation between gold and the dollar is declining, with gold rising due to geopolitical reasons amid high economic risks.
If the bulls keep the price above 3300-3345, the market could be extremely positive for 3400-3500.
Resistance levels: 3345, 3358
Support levels: 3330, 3308
Gold has broken through the resistance of the “triangle” consolidation pattern and is forming a distribution phase towards the zone of interest 3345 - 3358, from which a small correction may form before growth. Since 3345 is an intermediate level, the focus is on 3358. I do not rule out the possibility of a long squeeze of the support levels 3330, the triangle support, and 3310 before the growth continues.
Best regards, R. Linda!
USDCAD's Opportunity Bell Is Ringing — Don’t Miss Out!Hey there, my valued friends!
I’ve prepared a fresh USDCAD analysis just for you.
📌 If the 1.37245 level breaks, the next target will be 1.38000.
Every single like you send my way is the biggest motivation behind sharing these analyses.
🙌 Huge thanks to each and every one of you who supports me!
Would you like to add a visual or a catchy headline to boost engagement even more? I can help with that too.
Balrampur Chini: Eyeing All-Time High! 🚀 Balrampur Chini: Eyeing All-Time High! 🚀
📉 CMP: ₹619
🔒 Stop Loss: ₹575
🎯 Target: ₹700
🔍 Why Balrampur Chini Looks Promising?
✅ Technical Strength: Trading above 61.8% Fibonacci level post-correction, indicating strong support
✅ Consolidation Base: Tight range between ₹615–₹580 signals accumulation before a potential breakout
✅ Upside Potential: Breakout from current range could take the stock to all-time high levels
💡 Strategy & Risk Management:
📈 Staggered Entry: Accumulate in phases as the market remains sideways; avoid expecting sharp moves
🔒 Strict SL: Maintain stop loss at ₹575 to manage risk effectively
📍 Outlook: Strong base formation with Fibonacci support makes Balrampur Chini an attractive swing opportunity towards ₹700.
📉 Disclaimer: Not SEBI-registered. Please do your own research or consult a financial advisor before investing.
#BalrampurChini #SugarStocks #TechnicalAnalysis #BreakoutTrade #SwingTrading #StockMarketIndia #InvestmentOpportunities
Understanding Elliott Wave Theory with BTC/USDIntroduction to Elliott Wave Theory:
Elliott Wave Theory is a popular method of technical analysis that seeks to predict the future price movement of financial markets. Developed by Ralph Nelson Elliott in the 1930s, the theory is based on the idea that market movements follow a repetitive pattern, driven by investor psychology.
At the core of Elliott’s theory is the idea that markets move in a 5-wave pattern in the direction of the trend, followed by a 3-wave corrective pattern. These waves can be seen on all timeframes and help traders identify potential entry and exit points in the market.
Key Concepts of Elliott Wave Theory:
1. Impulse Waves (The Trend)
2. These are the waves that move in the direction of the overall trend. They are labeled 1, 2, 3, 4, 5 and represent the price movement in the main direction of the market.
* Wave 1: The initial move up (or down in a bearish market). I like to mark up the first wave how I do my Fibs, from the point where price showed a major impulse.
* Wave 2: A correction of Wave 1 (it doesn’t go lower than the starting point of Wave 1).
* Wave 3: The longest and most powerful wave in the trend.
* Wave 4: A smaller correction in the direction of the trend.
* Wave 5: The final push in the direction of the trend, which can be shorter and weaker than Wave 3.
3. Corrective Waves (The Pullbacks)
4. After the five-wave impulse, the market enters a corrective phase, moving against the trend. This corrective phase is generally a 3-wave pattern, labeled A, B, C:
* Wave A: The initial correction, typically smaller than Wave 3.
* Wave B: A temporary move against the correction (it often confuses traders who think the trend has resumed).
* Wave C: The final move against the trend, usually the strongest and most aggressive.
How to Implement Elliott Wave on BTC/USD:
Let’s break down how you can apply the Elliott Wave Theory to BTC/USD using a simple example.
1. Identify the Trend
2. Start by identifying the current market trend for BTC/USD. Are we in an uptrend or downtrend? This will determine whether you’re looking for a 5-wave impulse up (bullish) or down (bearish).
3. Locate the Waves
4. Look for the five-wave structure in the trend direction. Once you identify a potential impulse move, label the waves accordingly:
* Wave 1: A new uptrend starts.
* Wave 2: A small pullback (usually less than the size of Wave 1).
* Wave 3: A significant surge in price, often the most volatile.
* Wave 4: A smaller pullback or consolidation.
* Wave 5: The final push higher, which might show signs of exhaustion.
5. Corrective Phase
6. After completing the 5-wave impulse, expect a corrective 3-wave pattern (A, B, C). These corrections typically last longer than expected and can often confuse traders.
* Wave A: Price starts to reverse.
* Wave B: A retracement that may confuse traders into thinking the trend is resuming.
* Wave C: A strong pullback that brings the price even lower.
7. Use Fibonacci Levels as confluence
8. One of the most powerful tools in Elliott Wave analysis is Fibonacci retracement levels. You can use these to predict potential levels where Wave 2 and Wave 4 could end, or where Wave C might complete the correction. Common retracement levels are 38.2%-50% for Wave 4, and 50-61.8% For Waves 2 and B but keep in mind, these wave can retrace up to 100% before the wave analysis becomes invalid. But ideally these points are where you look to make an entry.
Wave 2 Example:
This one hit the golden spot (0.5-0.618) perfectly and continued to push upward.
Wave B and C Example:
This example hit closer to the 0.786 level which is also a key level for retracement.
Wave 4 Example:
This one hit the golden spot (0.382-0.5) for Wave 4 perfectly before continue the bullish momentum.
I try to use the RED levels below (1.1 and 1.2) as my invalidation (Stop Loss) levels and the GREEN levels (-0.27 and -0.618) as my Take Profit levels. Depending on your goals you can also use Fib Levels 0.236 and 0 as partial Take Profit levels.
9. Confirm with Indicators
10. To validate your Elliott Wave counts, use other indicators like the RSI (Relative Strength Index), MACD, or Moving Averages. For example, a Wave 3 might occur when the RSI is above 50, indicating strength in the trend.
In this example you can see the RSI cross the 50 threshold and the 3rd Wave form.
Continuation after the Wave is complete:
Tips for Trading with Elliott Wave Theory:
* Stay Flexible: Elliott Wave Theory is not set in stone. If the market doesn’t follow the expected pattern, adjust your wave counts accordingly.
* Don’t Rely on One Timeframe: A 5-wave structure on one timeframe may be part of a larger wave pattern on a higher timeframe. Always analyze multiple timeframes.
* Wave Personality: Waves don’t always look the same as stated earlier. Wave 2 can retrace up to 100% of Wave 1 and Wave 4 should generally not overlap Wave 1 or this may invalidate the Wave structure.
* Risk Management: Always use proper risk management techniques. No theory is perfect, so make sure you have a stop-loss in place to manage your risk.
Conclusion: Using Elliott Wave Theory on BTC/USD:
The Elliott Wave Theory can be a powerful tool for analyzing and forecasting price movements. By identifying the 5-wave impulse and 3-wave corrective patterns, you can gain insights into potential market direction. Just remember to use it alongside other tools and indicators for confirmation, and don’t forget to manage your risk.
As you apply it to BTC/USD or any other asset, remember that the market doesn’t always follow the "ideal" patterns, and flexibility is key. Practice on different timeframes, refine your skills, and use the theory as a part of your overall trading strategy.
Final Thoughts:
If you're just starting, don't get discouraged if you miss a wave or two. Trading is a journey, and with patience and practice, you'll begin to spot these patterns more naturally. Whether you’re analyzing Bitcoin's price action or any other asset, Elliott Wave Theory can give you a deeper understanding of market psychology.
Good Luck and Happy Trading!
MKR/USDT 4H Chart🔍 1. Technical Pattern:
The chart shows a descending wedge (orange lines) that has broken out upward.
The breakout occurred on increasing volume (a signal of bullish strength).
The price is currently trading above a resistance line, which is now acting as support (~1980 USDT).
📊 2. Support and Resistance Levels:
Support (red lines):
1903 USDT – local consolidation support.
1801 USDT – strong support at the previous bottom.
1727 and 1632 USDT – fallback zones in case of strong declines.
Resistance (green and blue lines):
2120 USDT – first target after the breakout.
2168 USDT – another strong resistance from the previous consolidation.
2312 USDT – high resistance, potential target if the uptrend continues.
📈 3. Indicators:
🔹 Stochastic RSI:
Close to the overbought zone, but not yet giving a sell signal.
A short consolidation or correction may occur in the coming hours.
🔹 MACD:
The MACD line is above the signal and the histogram is still rising – a buy signal.
No signs of weakening momentum.
🔹 RSI:
The RSI is rising, but not yet in the overbought zone (>70).
Shows the strength of the trend, but there is room for further upward movement.
🧠 Summary and scenarios:
✅ Bullish scenario:
If the price remains above 1980 USDT, the next targets are:
2120 USDT
2168 USDT
Potentially 2312 USDT with continued demand
⚠️ Bearish scenario (less likely at this time):
If the price returns below 1980 USDT and does not regain this level:
Possible return to 1903 or lower (1801 USDT).
XRPUSDT → Resistance ahead. Correction before growthBINANCE:XRPUSDT is rising after breaking through consolidation resistance. Bitcoin's rally supported the overall market momentum, but a new resistance zone lies ahead...
Bitcoin is testing its ATH and updating it, but is facing pressure and forming a false breakout. A correction in the flagship coin could trigger a correction in XRP, but if Bitcoin continues to storm the 112K area without a pullback, followed by a breakout, the market could find support and continue to rise.
After XRP broke through resistance, the coin entered a distribution phase and is testing an important resistance zone of 2.4488 - 2.4772. The inability to continue growth, a false breakout, and price consolidation in the selling zone could trigger a correction.
Resistance levels: 2.4488, 2.4772, 2.6524
Support levels: 2.3587, 2.3375, 2.2455
Despite breaking through resistance, XRP is still in a local downtrend. Pressure on the market is still present. The formation of a false breakout will indicate that growth is limited for now. However, if the price consolidates above 2.4772 and begins to break out of the local structure, we can expect growth to continue.
Best regards, R. Linda!
LINK/USDT (Chainlink to Tether) from the 4H interval⚡️ Technical situation – quick overview
✅ Breakout from the descending channel (purple lines)
✅ Resistance zone 14.42 – currently being tested
✅ Target within the breakout range – around 17.73 USDT
⚠️ Stochastic RSI in the overbought zone – local correction possible
🟪 Descending channel – broken!
The descending channel that has been in place since mid-May has been broken upwards.
Such breakouts often signal a change in the local trend.
Theoretical range of movement = channel height (~3.30 USDT) added to the breakout point (around 14.42) = ~17.73 USDT – perfectly aligned with your resistance level.
🟢 Key Resistance Levels (green):
Level Meaning
14.42 USDT Current tested resistance – psychologically significant
15.65 USDT Local high + June price gap
17.73 USDT Potential target after a breakout – range from the formation
🔴 Support Levels (red):
Level Meaning
12.73 USDT Support from the pre-breakout consolidation
11.91 USDT Key defensive level of the uptrend
11.07 / 10.12 USDT Historical support with strong demand reactions
📉 Stochastic RSI (oscillator):
Currently deep in the overbought zone (above 80).
This may indicate local exhaustion of momentum and a short correction before further upward movement.
However: in strong trends, the RSI may remain high for an extended period – it does not automatically provide a sell signal.
📈 Bullish scenario:
Retest of the 14.42 level as support → confirmation of the breakout
Then a move towards:
15.65 – local stop
17.73 – final target from the channel breakout
🟩 Stop-loss: e.g., below 12.73 USDT (loss of key support)
📉 Bearish scenario:
False breakout and decline below 14.42
Loss of the 12.73 level → possible quick decline to 11.91–11.07
🔴 In this case, a new swing low could open the way to 10.12 USDT.
📌 Summary:
Element Rating
Technical Pattern ✅ Breakout from a descending channel (bullish signal)
Current Level ❗ Test of Key Resistance – Decision Point
RSI (Momentum) ⚠️ Overbought – Correction Possible
Upside Potential (Target) 📈 17.73 USDT
Threat ❌ False breakout and return to below 12.73 USDT
🧠 My suggestion (not investment advice):
Observe the price reaction at 14.42 – if it holds above and consolidation forms → a signal to continue.
If the 4H/1D candle closes below, consider caution, as this could be a bull trap.
USDCAD Potential DownsidesHey Traders, in today's trading session we are monitoring USDCAD for a selling opportunity around 1.36900 zone, USDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.36900 support and resistance area.
Trade safe, Joe.
BITCOIN → Market manipulation. Chance for growth to 110KBINANCE:BTCUSDT , as part of a correction triggered by negative news from the US regarding tariffs, is testing liquidity in the support zone. There is a chance of recovery to 110K.
Bitcoin is reacting with a decline to fundamentally negative data on tariffs from Trump. Technically, the price is facing support and forming a false breakdown, the purpose of which was to capture liquidity. This could lead to a recovery within consolidation in an uptrend, but again, there are conditions...
Countries that have received notification of tariffs are responding positively to cooperation (if this trend continues, Bitcoin could receive a local bullish driver).
The market perceives this as positive, and after liquidity is captured, the price could recover to the resistance of the trading range.
Resistance levels: 108230, 109690
Support levels: 107500, 106500
Bulls are trying to hold the local interim bottom at 107500. There is a reaction to the false breakdown of support. The focus is on 108230; if the market can break through this level, we will have a chance to grow to 110K.
Best regards, R. Linda!
AUDUSD 4H: Sell Zone Confirmed📉 AUDUSD Analysis – Current Trend & Trade Opportunity
Hello Traders,
I’ve prepared an updated analysis for the AUDUSD pair.
At the moment, AUDUSD has shifted out of its previous bullish structure and has now entered a bearish trend. Based on this shift, I’m planning to enter a limit sell trade at the level shared below:
🔹 Limit Sell Entry: 0.65232
🔹 Stop Loss: 0.65576
🔹 Targets:
• TP1: 0.64591
• TP2: 0.64591
• TP3: 0.63738
🔸 Risk/Reward Ratio: 4.27
Considering the trend reversal, I’m looking to open a position from these levels.
I meticulously prepare these analyses for you, and I sincerely appreciate your support through likes. Every like from you is my biggest motivation to continue sharing my analyses.
I’m truly grateful for each of you—love to all my followers💙💙💙
