LULU - Updated analysis and what to look out forWe have a pretty clear HTF zone to look out for below - $130-$160 - in which we will need to see how price holds up. I cannot imagine a drop below there - that would make this completely undervalued - and I will be looking for long trades when we arrive there and see the LTF algorithms playing out.
Until then,
Happy Trading :)
Community ideas
$ETH/USDT Breakout Analysis 1W Chart: Ethereum $ETH/USDT Breakout Analysis 1W Chart:
ETH has successfully reached the $4,000 breakout level, completing our first major target from the accumulation zone ($1,500–$1,900). Price is currently testing the critical $4,000 resistance. If ETH can close a weekly candle above this level and hold, it will confirm a strong continuation structure — potentially targeting $5,000, $7,000, and up to $8,000 in the coming months.
🔸 Support LEVEL: $3,500 is now the key weekly support zone. This level aligns with previous resistance and structure, offering a strong base for bullish continuation. If ETH holds $4,000+ weekly, $3,500 becomes a high-conviction re-entry zone.
🔸 Upside Target: Upon confirmation above $4,000, ETH could rally toward $5,000 short-term, with extended targets at $7,000 and $8,000 if momentum continues.
🔸 Risk Level at $3,500: A weekly close below $4,000 followed by a drop under $3,500 would invalidate the breakout. This could signal a failed breakout and return to range. High risk zone opens below $3,200.
🔸 Watch for Retest ZONE: Look for a healthy retest of the $3,900–$4,000 zone. If ETH pulls back and holds this zone on weekly, it offers a strong entry with targets toward $5,000 and above.
EUR/USD Breaking Point! ALERT Price action is coiling up in a tight triangle and a breakout is imminent! See how the ABCDE pattern on the chart is setting up for a potential explosive move. Will EUR/USD surge higher or drop to key support?
I've mapped out BOTH scenarios with clear technical targets—don’t miss your chance to catch the next big wave!
💡 Tap "Boost" if you found this analysis helpful.
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👇 Drop your predictions in the comments below—are you bullish or bearish on EUR/USD this week?
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The Golden Wedge – Prelude to a Silent Collapse1. Chapter: The Plot Twist – The Traitorous Funnel (Rising Wedge)
A new and extremely sneaky pattern has emerged in the golden constellation.
My eyes are sharper than a hawk’s, and what I’ve spotted might just be the key to today’s entire story. This isn’t just technical analysis anymore—this is a psychological thriller.
Forget the comfortable parallel channel!
Gold has wandered into a rising wedge, one of the most deceptive traps in the world of chart patterns.
What’s a rising wedge?
Imagine the bulls charging up a narrowing mountain pass. At first, they’re full of energy, but as the walls close in, they lose momentum, get out of breath, and their excitement fades. Each new high is just slightly higher than the last. The power fades.
And that’s the trap: Even though the structure points upward, it’s a classic bearish reversal pattern.
It’s like a wolf in golden sheep’s clothing.
Statistically, it breaks down more often than up, and usually with a sharp move.
And it fits perfectly with the end of wave 5, just as I mentioned yesterday.
This is what we call an ending diagonal—the textbook sign of a fading trend. A final push... that’s not really a push anymore.
2. Chapter: The Evidence
A massive red neon sign is flashing on the trend strength and RSI indicators: BEARISH DIVERGENCE!
What does this mean? While the price keeps climbing to new highs, the indicator (RSI) has already started pointing downward.
And let’s not forget — on the 1-hour chart, there’s barely a trace of trend strength left.
The momentum has already left the building. To me, that’s a strong sign the bulls’ party might soon come to an end.
🔮 My Take – Place Your Bets on Collapse?
Opening a long position now?
That would be like buying a ticket for a sequel to the Titanic, called “Unsinkable 2 – This Time We Really Mean It.”
Sure, price might go a bit higher, but the iceberg (breakdown) is already visible on the horizon.
Opening a short position?
Logically, it’s the move that fits the script.
But a wise trader never shoots blindly.
The keyword here is: CONFIRMATION.
The Entry Command:
Don’t short until price breaks below the lower support line of the wedge. Wait for a candle to close below that rising support line—that’s your green light for entry!
Target: The first logical target after a breakdown would be the base of the wedge, around the Wave 4 low, which sits in the 3,340–3,350 zone.
Not financial advice, but that’s the setup I’m watching like a hawk.
From here on, the analysis continues in my native language – Hungarian
A csillagtérképen egy új, és rendkívül alattomos jelenséget fedeztem fel. A szemem élesebb, mint egy sólyomé, mert amit észrevettem az a kulcsa az egész mai történetnek. Ez a regény ma egy igazi pszicho-thriller lesz!
1. Fejezet: A Cselekmény Fordulata – Az Áruló Tölcsér (Az Emelkedő Ék)
Felejtsük el a biztonságos, párhuzamos csatornát! Az arany behajtott egy emelkedő ékbe, ami a technikai alakzatok egyik legalattomosabb csapdája.
Mi az az emelkedő ék? Képzeld el, hogy a bikák egy egyre szűkülő, meredek hegyi szurdokban rohannak felfelé. Az elején még nagy volt a lendület, de ahogy a falak közelednek, egyre jobban lelassulnak, elfogy a levegő, és a lelkesedésük is. Újabb és újabb csúcsokat érnek el, de minden egyes csúcs csak egy kicsivel van magasabban, mint az előző. A mozgásból lassan elfogy az erő.
A csapda természete: Bár az alakzat felfelé mutat, ez egy tipikus medvés (bearish) fordítós alakzat. Olyan, mint egy farkas báránybőrben. A statisztikák szerint az esetek többségében lefelé szokott kitörni, és gyakran heves esés követi.
Ez a jelenség tökéletesen illik az 5-ös hullám végére, amiről beszéltem tegnap. Ezt hívják "befejező diagonálnak", ami a trend kifulladásának klasszikus jele. Ez a végső-roham, ami már nem is igazi roham. Az idő majd megmondja mennyire gondoltam jól.
2. Fejezet: A Bizonyítékok
A Trend erő és RSI indikátoron is egy hatalmas, vörös neonfelirat villog: MEDVÉS DIVERGENCIA!
Mit jelent ez? Miközben az árfolyam még felfelé halad, újabb csúcsokra mászik, az indikátorok (az RSI) már rég lefelé tartanak. Arról nem is beszélve, hogy 1 órás charton Trenderőnek nyoma nincs.
Az erő már rég elhagyta a támadást. Ez egy erős bizonyíték arra, hogy a bikák partijának hamarosan vége.
Szerintem... – Fogadjunk az Összeomlásra?
Vételi (Long) pozíciót nyitni? Most longot nyitni olyan lenne, mint jegyet venni a Titanicot is gyártó cég legújabb, "Garantáltan Elsüllyeszthetetlen 2" nevű hajójára. Lehet, hogy megy még egy kicsit felfelé de a jéghegy (a lefelé kitörés) már ott van a láthatáron.
Eladási (Short) pozíciót nyitni? A forgatókönyv alapján ez a logikus lépés. De egy jó stratéga sosem lő vaktában. A kulcsszó a MEGERŐSÍTÉS!
A Belépési Parancs: Nem kezdünk el shortolni, amíg az árfolyam a biztonságot nyújtó ékben van. Megvárjuk, amíg egyértelműen és határozottan letöri az ék alsó, emelkedő vonalát. Az a gyertya, amelyik ez alatt a vonal alatt zár, az a mi belépési parancsunk!
Célpontok: A kitörés után az első logikus célár az ék kiindulási pontja, vagyis a 4-es hullám alja, a ~3,340-3,350-es zóna.
Nem bef. tanács, de én ezt fogom csinálni.
8/8: Continue to Focus on Selling, Watch Support at 3372–3366Good evening, everyone!
Today, after breaking above the 3400 level, gold experienced a pullback. The current structure shows dense support below, with previous resistance levels at 3378, 3372, and 3366 now turning into support.
On the daily chart (1D), price remains above the MA20, and the MA5 (~3382) serves as key short-term support. The candlestick formation still reflects a bullish structure for now.
However, the 4-hour chart (4H) reveals significant upward resistance, and unless the 4H structure is repaired, the market may favor a corrective or consolidation phase in the near term.
🔍 Trading Outlook:
For the remainder of today’s session and early next week, the strategy should primarily focus on selling into strength.
If the 4H chart corrects via a direct price retracement, gold could potentially test the 3348–3337 support zone.
Prior to that, closely monitor the 3372–3366 area as the primary short-term support and pivot zone.
My #3,400.80 Medium-term Target deliveredAs discussed throughout my yesterday's (and many other analysis) commentary: If you have been Buying every dip as per my suggestion you would be in excellent Profits now. I have been Buying Gold from my #3,357.80, #3,367.80, #3,372.80 and #3,378.80 key entry points (last batch of Buying orders closed with Target late U.S. - early Asian session last night).
Technical analysis: Gold is under unprecedented Volatility (however with Bullish underlying trend) with Gold (Xau-Usd Spot) and the Futures price on a tight spread. This is of course the product of heavy speculation in the Metals market, fuelled by the expectation that the Fed’s new talks will be accepted. Needless to mention, this environment is Gold friendly. Technically I do see current aggressive decline in form of a correction as not sustainable however I cannot approach current configuration Technically since these are Fundamentally driven sessions but I do expect a slight pullback back towards #3,352.80 - #3,357.80 only for Gold to soar even more, as the main Support and Higher High’s High’s / Low’s cluster is nearby (#3,357.80 - #3,367.80). Despite Bond Yields stabilization, the continuous Low’s on DX on parabolic decline are adding Buying pressure on Gold and limiting all Selling advance which I am utilizing to it's maximum with my set of Buying orders.
Technical analysis: Gold is Trading on my predicted values as I really don’t mind current consolidation candles within newly formed Hourly 1 chart's Neutral Rectangle. Price-action has made marginal High's on Hourly 4 chart with #3,409.80 (local High's I mentioned earlier that can stall the uptrend) showcasing strong durability. If #3,400.80 benchmark however gets invalidated on High Volume (the last #3-session horizon had been really strong however ahead of local Resistance zone test very anemic) then I can call a test of the #3,427.80 Higher High's extension which represents my next Short-term Target. Gold is extremely Overbought however there are no signs of uptrend exhaustion as I don’t see any firm reason why #3,400.80 benchmark wouldn’t be re-tested within #2-session horizon. Remember, Weekly chart (#1W) still needs a slightly Lower Price (mentioned on previous remarks) before further uptrend as I mentioned that Gold dips only to rise more (Buying accumulation). DX is testing my Higher Low’s heavy Resistance zone as I haven’t got any reservations or doubts regarding its correlation to Gold.
My position: I have re-Bought Gold from #3,382.80 many times throughout yesterday's session and did final aggressive set of Buying orders on #3,388.80 calling for #3,400.80 benchmark late U.S. session which was delivered. I have closed all on #3,400.80 benchmark utilizing current upside push to it's maximum however Gold extended the rise towards #3,409.80 even. I stayed awake and re-Bought #3,395.80 few times since I knew Price-action will be circling #3,400.80 mark and consolidate. I will call it for this week and take early weekend break as I am more than satisfied with my Profits.
ONDO/USDT 1H – Bullish Bias with OB & Bull Breaker SupportPrice is holding above the Bullish Bias zone after forming HHs and HLs. Current structure suggests a possible liquidity sweep before continuation.
📌 Scenarios:
1️⃣ Short-term drop into Bull Breaker zone → bullish reaction toward upper OB near 1.08–1.09.
2️⃣ Deeper liquidity grab into lower OB near 0.93 before reversal to upper OB.
🔹 Structure: BOS confirmation followed by steady higher highs/lows.
🔹 Key zones: Bull Breaker support, lower OB demand, and upper OB supply.
Bullish Outlook with Buying Opportunities Based on various factors, the outlook for gold prices in the medium and long term appears bullish.
- From a technical analysis perspective, gold has the potential to move toward $3,500 and beyond, although the momentum of the recent upward trend has slightly weakened, suggesting a possible short-term price correction. If a correction occurs in the short term, it could reach the $3,346–$3,300 range, but gold is unlikely to fall below $3,268. Any pullback to these support levels could present a buying opportunity, as previously mentioned.
- Economic reports and the likelihood of interest rate cuts by the Federal Reserve (expected 50 basis point reduction by the end of 2025) due to projected global inflation above 5% enhance gold’s appeal as a non-yielding asset. Geopolitical issues, including U.S.-China trade tensions, new tariffs (e.g., 25% tariffs on Indian imports due to oil purchases from Russia), and concerns about an economic recession, have bolstered demand for gold as a safe-haven asset. Forecasts such as Goldman Sachs’ ($3,700 by the end of 2025) and J.P. Morgan’s ($4,000 by mid-2026) further support this bullish outlook.
- In the long term, factors such as the declining value of the dollar, rising investment demand (ETFs saw a 98.54% inflow increase in February 2025), and consistent purchases by central banks make gold an attractive option for investors. Therefore, as previously noted, any price pullback can be considered an opportunity to enter the market, particularly given the potential for investors to flock to gold amid unstable economic and geopolitical conditions.
Note:
This analysis is a personal opinion and not investment advice.
Good luck
NEoWave Chart
DOGE Breakout?After a 13 day rally and a 12 day pullback, could DOGE be breaking out and confirming a new 4H trading range?
After a bounce off the bullish orderblock DOGE has broken out of the diagonal downtrend, then pulled back to retest the previous diagonal resistance level as new support. This is a textbook breakout play & retest but this doesn't 100% guarantee the breakout will be successful. Should it be a successful breakout Local Resistance is the first clear level of interest for the bears to fight back.
This type of setup does give a clear invalidation should price fall back into the downtrend with acceptance. A fakeout could also lead to a loss of the Major Support level, that would introduce a potential revisit of $0.166.
Snap Inc. — key weekly support area for long positionsSnap Inc.
Regularly Pays Cash as Salaries
Price is testing a strong support zone near 6.00–7.00 USD, held since 2022.
Bullish reversal signals are forming. First target: 10.30, second target: 13.16 to 17.43.
Potential upside exceeds 60 percent.
The area is attractive for mid-term investors if the support holds. If price dips lower, I will average the position at 5.50 USD within the extended support zone.
"simple deal that makes money"
BTCUSDT 111k first then UPHi fellow traders,
Here’s my current BTCUSDT view on the 4H chart, based on Elliott Wave principles.
After a corrective structure, we’ve seen a strong bounce, and price is now approaching a key area of interest. I’ve marked the zones I’m watching for potential buys and sells:
🟨 Lower box: Potential buy zone if price pulls back with a corrective structure.
🟨 Upper box: Area of interest for taking partials or looking for potential short setups, depending on how price reacts.
If momentum continues, we could see BTC pushing into the 125K region, which aligns with fib extensions from previous swings.
As always, I’m waiting for confirmation before making any entries.
Let me know what you see on your end!
U.S. Dollar Index (DXY) – 15M Chart Analysis | Aug 8, 20251. Market Structure:
DXY is trading in a short-term range between 98.471 resistance and 97.952 support, following a sharp downtrend from the 99.072 high.
2. Supply Zone Pressure:
The 98.471 level acts as a strong intraday supply, repeatedly rejecting price and limiting bullish momentum.
3. Demand Zone Cushion:
The 97.952 level is holding as immediate support. Below that, the yellow zone around 97.60–97.45 is a major demand area where buyers may step in.
4. Momentum Bias:
Lower highs from the recent peaks signal ongoing bearish pressure. Short-term rallies are getting sold into, suggesting sellers control the market.
5. Next Move:
Bullish: Break above 98.471 opens path to 98.829–99.072 .
Bearish: Break below 97.952 targets the 97.60–97.45 demand zone.
USDCHF Precision Heist Strategy – Buy Dips, Bag Pips💼💸 USDCHF "SWISSIE" – Bullish Vault Infiltration Plan 🕶️📈
"Plan the Layer. Stack the Cash. Escape Clean."
🧠 Mastermind Setup (Thief Trader Blueprint)
🔍 Asset: USDCHF – “The Swissie”
📊 Market Bias: Bullish
🎯 Method: Multi-limit Entry via GRID / Layering / DCA Strategy
🔓 Entry Point: Any live price – thief never waits for permission
🛑 Stop Loss: 0.80000 – the trapdoor in case of reversal
🎯 Target: 0.82400 – cash out before the sirens blare
🧰 Tactical Details:
🎯 Entry Strategy:
Layer entries like a precision bank job – DCA into support zones or pullback levels. Let price come to your ambush.
“A wise thief doesn't chase the vault – he waits in the shadow.”
🧠 Thief Psychology:
We're hunting liquidity pools. Every fake-out is a distraction. Our plan? Predict the move, then ambush it.
🔥 Fundamentals Fueling the Heist:
✅ USD Strengthening on macro pressure
✅ CHF weakening under global risk reset
✅ Institutional net long bias in USD
✅ Intermarket confluence supports USD/CHF upside
“Read the tape. Watch the flows. Follow the smart money.”
📛 Stop Loss Plan:
Set SL below 0.80000 – deeper than the market’s false traps.
Use dynamic SL with trade size + risk model.
SL = Exit plan, not an emotion control leash. Be tactical, not scared.
🎯 Take Profit Tactics:
Target zone at 0.82400 – near historical resistance vault.
Use trailing SL as price flies to protect the bag.
Partial exit if momentum wanes.
⚔️ Scalper's Mini Mission:
🕵️♂️ Focus ONLY on longs – counter moves are traps
💰 Fast fingers? Ride intraday pullbacks
📍 Secure profits fast – alarms ring quick in Forex banks
🚨 Risk Event Alert:
🗓️ Avoid execution during major USD/CHF economic reports
⚠️ Pause entries
⚠️ Use trail SLs if active
⚠️ Expect fakeouts – vault traps trigger easily during news bombs
🔊 Call to Thief Army – Boost This Plan 📣💥
If this setup lights up your chart like a vault scanner:
👍 Smash that LIKE
💬 Drop your entry below
🔁 Share with the crew
Every boost = another brick stacked in our empire 💼
“Pips build pyramids. But unity builds empires.”
#TradeLikeAThief #ForexHeist #SwissieSnatch
📌 Legal Escape Note:
This is not financial advice. It’s a battle plan.
Stay sharp. Manage risk. Execute with precision.
🕶️ Until next vault… Lock it. Load it. Loot it.
🔥 The Swissie won’t rob itself.
Bearish reversal off 127.2% Fibonacci resistance?The Bitcoin (BTC/USD) is rising towards the pivot and could reverse to the 1st support which acts as a pullback support.
Pivot: 118,505.46
1st Support: 115,747.36
1st Resistance: 120,26.61
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
$BTC New Cycle: It’s Hard Not to Notice the ShiftSince December 2024, CRYPTOCAP:BTC has been closely following the SPX500, forming three similar cycles—each decreasing in intensity and shorter in duration.
The similarities are striking, especially when analyzing the MACD and RSI.
Each cycle ends with a bearish divergence.
Each cycle sees a rebound or bottom during consolidation, often touching the top of the previous cycle.
Most importantly, the cycles are accelerating.
However, it’s difficult to draw a definitive conclusion. These patterns are new in Bitcoin’s history, and there's no past reference for such institutional-driven behavior.
I believe the entry of institutions is reshaping Bitcoin’s rhythm. Their strategy is accumulation, not speculation, which brings more stability but also alters traditional crypto cycles.
What do you think will be the consequences of this shift?
Drop your thoughts in the comments👇
LinkUsdt ready to outperform EtheriumHi Everyone,
Looking at chart, chainlink is looking primed to close above 20 dollar. if that happens i would anticipate strong upward pressure taking the prices high to 28 dollar and extended target of 38 dollar.
As chart is suggesting strong trendline holding very well as support.
On daily, Macd is above 0 and looking to crossover, indicating strong momemtum might come if than happens.
I have also looked at chainlink against Etherium and it is at longterm trendline support.
Everything points to the fact that if chainlink price close above 20 on daily, strong upward pressure would come.
I have given same price analysis on Xrp in the past and it has performed very well within 3 days of posting the chart
look into my chart history and find xrp if you would like to understand the impact of these closures.
Not financial advise
Best of luck
Like and subscribe for more analysis
Back to $4 - XRP weekly update August 7 - 13thXRP is currently advancing within a Minor Wave 3, which forms part of an Intermediate Wave 5 — itself completing a larger Primary Wave 1. This alignment across multiple degrees of trend suggests that XRP may be in the early stages of a broader bullish cycle with meaningful upside potential. The structure of the preceding Intermediate Wave 3 is clearly impulsive, which supports the idea of sustained continuation.
There is, however, some ambiguity in the early part of this current impulse — particularly in the development of Minor Wave 1. This leaves room for an alternative scenario that assumes a more complex correction may still be in progress. This would only be confirmed if the Wave 4 low is breached, thereby invalidating the current impulsive count.
Sentiment and market data currently favour the bullish outlook. Funding rates are positive, showing that the market is leaning long, and open interest is rising, indicating increased trader participation. Furthermore, the liquidity heatmap shows a notable cluster of liquidity above current price, which could serve as a magnet during a third wave — typically the most dynamic part of an impulsive move.
On a broader level, this anticipated momentum could also be fueled by macroeconomic developments. For much of the year, capital inflows into crypto were restricted by the Federal Reserve’s reluctance to lower interest rates. However, that could change soon: according to the CME Group’s FedWatch Tool, there’s a 93.6% probability of a rate cut at the upcoming FOMC meeting in September. Markets tend to front-run such events, and this expectation could trigger renewed retail buying — precisely the kind of sentiment shift that often fuels Wave 3 advances.
Importantly, institutional players appear to have already positioned themselves earlier, as evidenced by the formation of order blocks near the end of Wave 2. This suggests that what we’re witnessing now may be retail-driven momentum building on top of smart money accumulation — a classic dynamic in developing third waves.
As long as the current structure remains intact and the Wave 4 low holds, XRP is well-positioned for further upside — with the $3.50–$3.88 zone as a near-term target. The technicals, sentiment, liquidity positioning, and macro backdrop all point in the same direction: higher.
GJ|- Bullish Momentum Setup for Next Week4H – From the top-down, price has been respecting structure and just broke major highs with strong momentum to the upside.
30M – Price pulled back into structure, refined to the cleanest level. Before that, we had the professional sweep I mentioned in my last GJ post.
5M – I’m watching for a sweep of SSL into my refined zone before taking an entry. Once that happens, I’ll look for bullish follow-through.
Buy Zone: 196.264
SL: 195.925
Bias: Bullish continuation into next week — pending liquidity sweep confirmation.
XRP Settlement August 15th, 2025 $33.00 & $1,031 May 23, 2026XRP is positioned for a major move on August 15th, 2025
when XRP reaches $30.00 - $33.00, it has two algorithmic delivery paths:
Path 1 (blue): Targeting $300 by August 23, 2026.
Path 2 (red): Parabolic extension to $1,031 by May 23, 2026.
“By the time you hear about it, it’s already too late.”
"News is the excuse for the moves."