Trend Analysis
BTC | WHY Bitcoin is BULLISH | 2021 Fractal5 reasons why I say BTC is on it's way to a new ATH (All Time High) :
✅1️⃣ Support zone reclaimed
BTC has successfully reclaimed the support zone ABOVE the neckline resistance, a topic that I've been discussing over the past two weeks. If you'll recall, I pointed out either 70k or 90k. We have our answer:
✅2️⃣ Trendlines
Trendlines are BULLISH as BTC continues to make highger lows, a key indication of bullish sentiment even when a pullback is present:
✅3️⃣ Moving Averages
BTC has reclaimed ALL moving averages in the daily, a bullish indication:
✅4️⃣ Trend Based Indicators
A bullish flash in the weekly is a strong sign:
✅5️⃣ Fractal
It's possible that BTC plays out similarly to the previous ATH fractal from 2021:
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BINANCE:BTCUSDT
BITCOIN Support Ahead! Buy!
Hello,Traders!
BITCOIN is trading in an
Uptrend but is making a
Local bearish correction
However, a horizontal
Support level is ahead
Around 92,191$ so after
The retest we will be expecting
A local bullish rebound
And a move up
Buy!
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
GBPNZD Bias: Bullish on support confirmationPrice has now completed the deeper pullback to 2.22091, which was our lower-level support target. On the 4H chart, price is beginning to form support here, suggesting potential upside continuation.
If this level holds, I’ll be looking for staged buys from:
2.22091 (current support area)
2.23958 (previous key support/structure break)
2.24775 (resistance flip and clean structure)
Intraday target:
2.26228 — around 400 pips from the 2.22091 support area
Next steps: Wait for confirmation from current 4H candle. If support holds and bullish structure confirms, execute in layers toward 2.26228. If 2.22091 breaks, we reassess.
CHFJPY Analysis – Bearish Rejection at ResistanceCHFJPY pair is showing signs of exhaustion near a strong resistance zone just under 176.00. With price action printing multiple rejections and forming lower highs, the setup favors a bearish bias heading into mid-Q2 2025. With Japanese yen sentiment strengthening despite market doubts and Swiss inflation data showing stagnation, the technical picture is aligning with macro fundamentals for a potential drop.
📊 Technical Outlook (Daily Chart)
Key Resistance Rejected:
Price failed to sustain above 175.75–176.15 area, a strong historical resistance.
Multiple rejection wicks highlight bearish pressure at this level.
Bearish Structure:
Rising wedge and flag breakdowns have preceded the current move.
The chart shows a projected bearish leg forming, with three potential targets marked by green support zones.
Support Levels to Watch:
172.61 – Minor structure and neckline support.
171.00 – Key horizontal zone; likely the first major test.
168.50–166.50 – Final bearish targets based on previous structure and price consolidation.
Bearish Trade Plan (as indicated):
Entry zone: ~174.80–175.50 (after a confirmed lower high or breakdown).
Stop: Above 176.15 (structure invalidation).
TP1: 172.60
TP2: 171.00
TP3: 168.50
Final TP: 166.50
🌐 Fundamental Drivers
Swiss Inflation (April 2025):
Swiss CPI was flat MoM and YoY (0.0%), reflecting weak price momentum
Core inflation remained modest (+0.1%), reducing pressure on SNB to tighten policy.
JPY Sentiment & Positioning:
COT data shows record net-long JPY positions, suggesting strong speculative interest
Analysts warn of overbought sentiment, but dovish BoJ policy continues to suppress JPY bears for now.
Macro Context:
Risk-off sentiment or yield curve steepening could favor the yen further.
CHF may weaken if Swiss data continues to underwhelm.
✅ Summary
CHFJPY has rejected strong resistance, and both technical and macro indicators suggest a pullback is likely. A break below 172.60 could open the door to deeper declines toward 168.50–166.50 in the coming weeks.
BTC CONSOLIDATESBringing back the old chart to revisit levels we’ve had mapped for months.
Bitcoin is consolidating just below resistance after a massive breakout – currently hovering around $94K. The price is holding above the $91,271 level, which was previously a major zone of resistance and now appears to be acting as support. The 50-day moving average has turned upward and is accelerating, while the 200-day remains supportive below.
Each horizontal line on this chart represents an area of interest rather than precise support or resistance. Still, price action has respected these zones with near-perfect precision.
As long as BTC holds this $91K region, the structure remains bullish. A break below that would suggest a deeper retest, but for now, dips continue to be bought.
USDJPY Technical Outlook: SMC and Wyckoff Analysis 5 May 2025As of May 5, 2025, the USDJPY pair is trading around ¥144.30, reflecting a 0.40% decrease from the previous session. This movement follows the Bank of Japan's decision to maintain interest rates while revising growth forecasts downward, leading to a depreciation of the yen.
Technical Analysis:
Support and Resistance Levels: The pair is approaching a significant support zone near ¥143.00. A break below this level could expose the next support at ¥141.00, while resistance is observed around ¥148.00.
Relative Strength Index (RSI): The RSI is nearing oversold territory, suggesting potential for a short-term rebound.
Smart Money Concepts:
Order Blocks: A bullish order block is identified between ¥142.50 and ¥143.00, indicating potential institutional buying interest.
Liquidity Pools: Liquidity above the recent highs near ¥148.00 may attract price action if bullish momentum resumes.
Wyckoff Method Perspective:
Accumulation Phase: The recent price action suggests a possible accumulation phase, with the pair trading within a range between ¥140.00 and ¥146.00.
Spring Test: A false breakout below ¥143.00 could serve as a spring, leading to potentially high buying volume.
Fundamental Factors:
Bank of Japan (BOJ) Policy: The BOJ's decision to keep rates unchanged, despite lowering growth forecasts, has contributed to yen weakness.
Federal Reserve Outlook: Market participants are closely watching the ISM Services PMI later today and the upcoming FOMC meeting for signals on US monetary policy, which could impact USDJPY dynamics.
Conclusion:
The USDJPY pair is at a critical juncture, with technical indicators pointing to potential support near ¥143.00. Traders should monitor price action around this level for signs of accumulation or further downside. Fundamental developments, particularly central bank policies, will play a crucial role in determining the pair's direction in the near term.
Wipro Trend direction..Good for long term investmentWipro 242 has given a symmetrical triangle pattern which is indecisive . Resistance at 249 ad support at 238. it may move any ways. Volume suggests bulls over bears.
Fundamentally it is trading at 10 Years of P/E which is good for long term investment. Additionally FII's have the highest stake in this quarter of last 12 quarters.
Breakout trading point: 1861.57
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(ETHUSDT 1D chart)
The 1861.57 point is the HA-Low indicator point on the 1W chart.
The key is whether it can receive support and rise around the A section, that is, 1861.57.
Since the HA-Low indicator on the 1D chart is formed at the 1647.06 point, it is important whether it can receive support and rise in the 1647.06-1861.57 section.
If it shows support in the 1647.06-1861.57 section, it is a time to buy.
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If it falls from 1647.06, there is a possibility that a stepwise downtrend will continue, so you should also consider a response plan for this.
In the case of a decline, the Fibonacci ratio section of 0 (1190.57) ~ 0.786 (1259.39) is expected to be an important support and resistance section.
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Since the price is located below the M-Signal indicator on the 1M chart, it is recommended to conduct trading from a day trading or short-term trading perspective.
When it breaks through the 1861.57 point, a breakout trade is possible, but as I mentioned earlier, trading requires a short and quick response.
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If the StochRSI indicator is above the midpoint, it is recommended to focus on finding a time to sell, and if it is below the midpoint, it is recommended to focus on finding a time to buy.
When creating a trading strategy by referring to the movement of these auxiliary indicators, you must check whether there is support at the support and resistance points drawn on the 1M, 1W, and 1D charts.
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Thank you for reading to the end.
I hope you have a successful trade.
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- Here is an explanation of the big picture.
I used TradingView's INDEX chart to check the entire range of BTC.
I rewrote the previous chart to update it while touching the Fibonacci ratio range of 1.902 (101875.70) ~ 2 (106275.10).
(Previous BTCUSD 12M chart)
Looking at the big picture, it seems to have been maintaining an upward trend following a pattern since 2015.
In other words, it is a pattern that maintains a 3-year bull market and faces a 1-year bear market.
Accordingly, the upward trend is expected to continue until 2025.
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(Current BTCUSD 12M chart)
Based on the currently written Fibonacci ratio, it is displayed up to 3.618 (178910.15).
It is expected that it will not fall again below the Fibonacci ratio of 0.618 (44234.54).
(BTCUSDT 12M chart)
Based on the BTCUSDT chart, I think it is around 42283.58.
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I will explain it again with the BTCUSD chart.
The Fibonacci ratio ranges marked in the green boxes, 1.902 (101875.70) ~ 2 (106275.10) and 3 (151166.97) ~ 3.14 (157451.83), are expected to be important support and resistance ranges.
In other words, it seems likely that they will act as volume profile ranges.
Therefore, in order to break through these ranges upward, I think the point to watch is whether they can receive support and rise near the Fibonacci ratios of 1.618 (89126.41) and 2.618 (134018.28).
Therefore, the maximum rising range in 2025 is expected to be the 3 (151166.97) ~ 3.14 (157451.83) range.
In order to do that, we need to see if it is supported and rises near 2.618 (134018.28).
If it falls after the bull market in 2025, we don't know how far it will fall, but based on the previous decline, we expect it to fall by about -60% to -70%.
Therefore, if it starts to fall near the Fibonacci ratio 3.14 (157451.83), it seems likely that it will fall to around Fibonacci 0.618 (44234.54).
I will explain more details when the bear market starts.
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TSLA technically turntUP... so the stock pops on a sob story. there will be action. pullback possible, but doesn't have to. 2-3 week rallies expected while the getting is good.
*weekly bullish close (engulfing)
*pullbacks should not be lower than prev week high (270 good)
*it's big tech earnings, so running during other strong tech success while down is a TSLA thing
tootles
Silver – Bearish Move Toward Support🧠 Market Overview:
Instrument: Likely Silver (based on file name).
Chart Context: The price is currently trading below both the 50 EMA (red) and 200 EMA (blue), indicating bearish momentum and a possible shift in market structure.
📊 Key Technical Components:
🔹 Exponential Moving Averages (EMA):
50 EMA (32.614) is above the 200 EMA (32.526) but both are above the current price.
This crossover is recent and could indicate the beginning of a larger downtrend if confirmed by continued price action below both EMAs.
🔹 Market Structure:
POI (Point of Interest) marks a previous swing high where selling pressure emerged.
The chart shows internal liquidity (INT.LQ) sweeps both above and below consolidation areas, hinting at smart money manipulation to grab liquidity before making a move.
🔹 Resistance Zone:
Clearly defined between approx. 33.4–34.0, where price was rejected after a failed attempt to break higher.
Multiple rejections from this zone show strong selling pressure.
🔹 Support Zone:
Sitting between approx. 30.8–31.2.
Price previously consolidated here before a bullish move, making it a likely target for a return test or a potential bounce.
📉 Bearish Scenario & Projection:
The price broke below a short-term structure and failed to hold above EMAs.
The current price action shows a bearish pullback likely to form a Lower High (LH).
The projected path shows a pullback to previous support-turned-resistance, followed by a breakdown targeting the support zone.
✅ Bias:
Short-term bias: Bearish
Medium-term bias: Bearish, unless price reclaims the 200 EMA and consolidates above the resistance zone.
🔍 Confluences Supporting Bearish Outlook:
Price below EMAs (dynamic resistance).
Failed higher highs with liquidity sweeps (indicating smart money selling).
Clear market structure shift to the downside.
Anticipated retest of support zone around 30.8–31.2.
US30What is US30?
The US30, also known as the Dow Jones Industrial Average (DJIA) or simply the Dow 30, is a widely followed stock market index that tracks the performance of 30 large, publicly traded U.S. companies. These companies are considered some of the most important and influential in the U.S. economy, representing a diverse range of sectors such as technology, healthcare, finance, consumer goods, and industrials.
The index is price-weighted, meaning that stocks with higher share prices have a greater impact on the index’s value than those with lower prices. The DJIA is calculated by adding the prices of all 30 component stocks and dividing by a divisor that adjusts for stock splits and other corporate actions.
The US30 acts as a barometer of the U.S. stock market and overall economic health, though it only includes 30 companies and is not weighted by market capitalization like the S&P 500.
Companies That Make Up the US30 (As of 2025)
The 30 companies in the US30 include some of the largest and most influential U.S. corporations:
Apple Inc. (AAPL) – Technology
Microsoft Corporation (MSFT) – Technology
Nvidia Corporation (NVDA) – Technology
Visa Inc. (V) – Financial Services
Johnson & Johnson (JNJ) – Healthcare
Procter & Gamble Company (PG) – Consumer Goods
Walmart Inc. (WMT) – Retail
JPMorgan Chase & Co. (JPM) – Financial Services
The Coca-Cola Company (KO) – Consumer Goods
The Home Depot, Inc. (HD) – Retail
McDonald's Corporation (MCD) – Consumer Services
UnitedHealth Group Incorporated (UNH) – Healthcare
The Travelers Companies, Inc. (TRV) – Insurance
The Boeing Company (BA) – Aerospace & Defense
Amgen Inc. (AMGN) – Biotechnology
Goldman Sachs Group, Inc. (GS) – Financial Services
Caterpillar Inc. (CAT) – Machinery
Merck & Co., Inc. (MRK) – Pharmaceuticals
Salesforce, Inc. (CRM) – Technology
Chevron Corporation (CVX) – Energy
IBM Corporation (IBM) – Technology
Honeywell International Inc. (HON) – Industrials
Cisco Systems, Inc. (CSCO) – Technology
The Walt Disney Company (DIS) – Media & Entertainment
Nie, Inc. (NKE) – Consumer Goods
Verizon Communications Inc. (VZ) – Telecommunications
American Express Company (AXP) – Financial Services
3M Company (MMM) – Conglomerates
Walgreens Boots Alliance, Inc. (WBA) – Retail
Dow Inc. (DOW) – Chemicals
How Bond Yields and the US Dollar (DXY) Affect US30 Price Movement
Bond Yields Impact
Rising bond yields (especially U.S. Treasury yields) generally increase borrowing costs for companies, which can dampen corporate profits and weigh on stock prices, including those in the US30.
Higher yields can also make bonds more attractive relative to stocks, causing some investors to shift capital out of equities and into fixed income, putting downward pressure on the US30.
Conversely, falling bond yields reduce borrowing costs and can boost stock valuations, supporting gains in the US30.
US Dollar Index (DXY) Impact
The US Dollar Index (DXY) measures the strength of the dollar against a basket of major currencies.
A stronger dollar can hurt multinational companies in the US30 by making their exports more expensive and reducing the value of overseas earnings when converted back to USD, often leading to downward pressure on the index.
A weaker dollar tends to support US30 companies with significant international sales, potentially boosting the index.
Additionally, dollar strength often reflects risk-off sentiment, which can coincide with stock market declines, while dollar weakness often aligns with risk-on sentiment and rising equities.
Summary
Factor Effect on US30 Price Movement
Rising Bond Yields Negative: Higher borrowing costs, shift to bonds
Falling Bond Yields Positive: Lower borrowing costs, stocks more attractive
Stronger US Dollar Negative: Exporters hurt, overseas earnings worth less
Weaker US Dollar Positive: Boosts multinational earnings, supports stocks
In essence, the US30 reflects the performance of 30 major U.S. companies weighted by stock price. Its price movements are influenced by macroeconomic factors such as bond yields and the US dollar, which affect corporate profitability and investor risk appetite.
BAL ready for strong move upBAL is oversold with bullish divergence. It broke multi year diagonal resistance line and tested it from above, doing similar pattern to OM before it went for crazy bull run.
I am expecting bounce up and strong push toward May 2021 pivot (fibb 0.886/ATH range). If we manage to hold there, do a consolidation with series of higher lows, then expect breakout to new ATH with max potential target being fibb 1.618 extension triggering big correction - similar move to OM.
Analysis of gold operation strategy next week
The latest April non-farm payrolls report released by the U.S. Bureau of Labor Statistics (BLS) has attracted much attention from the market. The report shows that the U.S. economy added 177,000 jobs that month, higher than the market expectation of 130,000, indicating that the U.S. labor market still shows strong resilience. At the same time, the unemployment rate remained at 4.2%, in line with market expectations, while the previously released March data was revised down from 228,000 to 185,000. This data adjustment is an official routine operation. In terms of wages, the average hourly wage increased slightly lower than the market expectation of 0.2% month-on-month, and fell short of the expected 0.3%; however, the year-on-year growth rate remained at 3.8%, higher than the current inflation level, suggesting that real income is still showing an upward trend.
After the release of the non-farm data, the market reacted quickly but the trend was divided. Spot gold fell about $9 to $3,250/ounce within a minute after the data was released, but then quickly rebounded to $3,255/ounce, with an intraday increase of 0.56%. In the short term, the two price levels of 3,260 and 3,265 have become the resistance levels of market attention. Overall, the unexpected performance of the non-farm payrolls in April has boosted the market's short-term confidence. However, the downward revision of historical data and external uncertainties still keep investors cautious. Risk assets may still have some room for growth in the short term, but in the medium and long term, downside risks are gradually accumulating.
After the release of the non-farm payrolls, the price of gold fell as expected, but then quickly bottomed out and rebounded, continuing to fluctuate. The impact of recent non-farm payrolls on the gold market seems to be gradually weakening, and its volatility is even less than usual. The gold 1-hour moving average crosses the downward short position arrangement, and eventually continues to diverge downward. Gold is now under pressure to fall back at the 3270 line, so next week, around 3270 will still be the key turning point for gold bulls and bears. Although gold has rebounded, the decline is not large. If gold is under pressure at 3270 next week and does not break, it will be a shock at most. Gold bulls will not reverse easily for the time being.
Operation strategy:
1. It is recommended to short gold near 3260 next week, with a stop loss at 3270 and a target of 3240
Hello traders, if you have better ideas and suggestions, welcome to leave a message below, I will be very happy