LINKUSDT → Consolidation. One step away from a rally?BINANCE:LINKUSDT entered a consolidation phase after breaking out of a downward channel. This is a fairly positive sign that buyers are building up momentum ahead of a possible breakout of resistance.
Exit from the downward price channel, distribution, and transition of the market to a consolidation phase: 15.275 - 14.400. Bitcoin is forming positive dynamics, which supports altcoins. The local alt season may continue if Bitcoin continues to grow after breaking through 95K. If LINK breaks through the resistance level of 15.275, this move could trigger further growth
Resistance levels: 15.275, 15.942
Support levels: 14.400, 14.266
At the moment, the mood of altcoins depends on Bitcoin, as it is receiving support amid positive fundamental data in the US and the global economy. However, for LINK, the focus is on the current consolidation. If the resistance level is not broken on the first attempt, it may happen during the next retest. Before that, the price may test the consolidation support with a false breakdown, which could create an imbalance in favor of buyers, only increasing the chances of growth and a breakout of resistance, provided, of course, that the overall bullish trend continues.
Best regards, R. Linda!
Wave Analysis
EUR/CAD BEST PLACE TO SELL FROM|SHORT
EUR/CAD SIGNAL
Trade Direction: short
Entry Level: 1.575
Target Level: 1.525
Stop Loss: 1.608
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 1D
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅LIKE AND COMMENT MY IDEAS✅
EUR/JPY BEARS ARE STRONG HERE|SHORT
Hello, Friends!
We are going short on the EUR/JPY with the target of 159.106 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band. However, we should use low risk here because the 1W TF is green and gives us a counter-signal.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅LIKE AND COMMENT MY IDEAS✅
Pound Pressured by BOE Cut ExpectationsGBP/USD dipped to approximately 1.3425 during early Asian trading on Tuesday, as a slight rebound in the U.S. dollar put pressure on the pair. The dollar was supported by easing U.S.-China trade tensions, following China’s decision to exempt certain U.S. imports from tariffs, despite its denial of ongoing negotiations.
Meanwhile, expectations of a 25 basis point rate cut by the Bank of England in May continue to weigh on the pound. Markets are now focused on an upcoming speech by BoE Deputy Governor Dave Ramsden, with any dovish remarks likely to add further downside pressure on the GBP.
If GBP/USD breaks above 1.3430, resistance levels are at 1.3500 and 1.3550. Support is at 1.3200, followed by 1.3050 and 1.2960.
EUR/GBP LONG FROM SUPPORT
Hello, Friends!
We are now examining the EUR/GBP pair and we can see that the pair is going down locally while also being in a downtrend on the 1W TF. But there is also a powerful signal from the BB lower band being nearby indicating that the pair is oversold so we can go long from the support line below and a target at 0.860 level.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅LIKE AND COMMENT MY IDEAS✅
0429 4H TRADING OPPORTUNITY FOR GOLDHello traders,
The seven major U.S. stock markets are no longer in the limelight, and the market is facing a major test
Even after the past week's rally, the Big Seven have had their worst first quarter since 2022!
Over the past two years, seven major tech companies--Alphabet, Amazon, Apple, Meta Platforms, Microsoft, Nvidia and Tesla--have driven a strong rally that pulled stocks out of the 2022 bear market, setting dozens of all-time highs.
Today, even after the past week's rally, the seven major U.S. stocks have had their worst start to a year since 2022, according to Dow Jones Market Data. All seven stocks are down more than 6.5%, wiping out a total of $2.5 trillion in market value. [
1. Core earnings focus: Can tech giants continue their growth myth?
Earnings schedule and market expectations
Meta (after the close on April 30)
Microsoft (after the close of trading on May 1)
Apple (after the close on May 2)
Amazon (after the close of trading on May 3)
Risk warning signals
Nvidia showed weakness ahead of time: fell 2.1% on Monday.
Divergence in the Nasdaq: The Dow's fifth straight gain contrasts with a slight drop in the Nasdaq, which could trigger a broader sell-off if it falls below its 15,000 support level after earnings.
II. Interpretation of the latest market data
Changes in liquidity environment
US Treasury yields fell: The yield on the 10-year Treasury note fell to 4.213% (from 4.267%), a low interest rate environment is positive for tech valuations, but the US Treasury's new $514 billion borrowing program could drain liquidity from the market, so watch for changes in funding.
Dollar index weakens: The Wall Street Journal dollar index fell to 95.78 (from 96.34) and a weaker dollar is usually good for foreign earnings conversion for multinational companies, but if the debt ceiling crisis heats up, the dollar could rebound quickly.
Commodity market feedback
Gold rallied back: Spot gold closed at its third-highest level in history ($3,332.50 an ounce), as risk aversion rose. If earnings fall short of expectations, gold could test the $3,400 mark again.
Crude oil demand concerns: WTI crude fell to $62.05 / barrel, Brent to $65.86. Weak tech stocks could exacerbate the deterioration in economic expectations, further weighing on the outlook for crude oil demand.
3. Analysis of key linkage effects
Negative correlation between tech stocks and gold: If the earnings blow leads to a sharp drop in the Nasdaq, gold's safe-haven nature will be highlighted, and capital may accelerate into the precious metals market.
Crude oil as an economic barometer: Weak tech giant earnings-> Downgraded global economic outlook-> Dismal outlook for crude oil demand, WTI may test psychological support at $60.
Weekly circle prompt:
[At the beginning of this week, new warehouses entered to short gold, and need to wait for a new one-hour reversal signal in the European and American sessions before continuing to enter to short gold,
aim to do
TP1:3265
TP2: 3240
TP3:3225
TP4: 3205】
On Monday, during the European session of gold, there was a reversal signal at the support structure position on the 1-hour chart, and the long plan was put on hold.
Daily chart, gold has been trading above the EMA in a volatile market, and the bearish force is not strong enough to reverse the gold rally.
The data on Tuesday was light, so we changed our thinking and continued the upward direction on Monday to go long on gold. Using the FIBO calculation of last week's downtrend, the target for going long on gold is:
TP1: 3380
TP2: 3408
TP3: 3447
GOOD LUCK!
LESS IS MORE!
#HOT/USDT#HOT
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is on its way to breaking it strongly upwards and retesting it.
We are seeing a bounce from the lower boundary of the descending channel, this support at 0.01018.
We have a downtrend on the RSI indicator that is about to break and retest, supporting the upward trend.
We are looking for stability above the 100 moving average.
Entry price: 0.01086
First target: 0.001118
Second target: 0.001155
Third target: 0.001200
GOLD BULLS WILL DOMINATE THE MARKET|LONG
GOLD SIGNAL
Trade Direction: long
Entry Level: 3,281.65
Target Level: 3,346.60
Stop Loss: 3,238.35
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 2h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅LIKE AND COMMENT MY IDEAS✅
BTCUSDT Roadmap From Demand to Potential Sell-Off ZoneBitcoin has successfully broken the descending trendline resistance, confirming a bullish continuation toward the upper levels. Price is currently supported by the Immediate Demand Zone between 90,970 and 92,917. Below that, a stronger support lies around the Strong Demand Zone between 84,011 and 86,374.
If momentum holds, Bitcoin is poised to test the 103,898 - 107,211 region, identified as a Dangerous Supply Zone where potential heavy sell-offs could occur. An extended push could aim for the projected high at 105,428.
Invalidation would occur if price sharply falls below 84,000, returning pressure to the downside. Structure remains bullish as long as higher demand zones continue to hold.
AUDNZD Hits Key Resistance at 1.0787 – A Bearish Move Ahead? AUDNZD Hits Key Resistance at 1.0787 – A Bearish Move Ahead?
AUDNZD recently tested a significant resistance zone at 1.0787, an area of historical importance.
The price has previously spent time around this level, reinforcing its relevance.
Given the ongoing bearish trend, AUDNZD could decline toward 1.0717 and 1.0680 in the coming days.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Drift Analysis (1D)It seems that DRIFT is completing wave C of a larger triangle, and wave C itself has also formed a triangle.
We are currently in wave d of C. This wave is expected to complete within the green zone, after which we anticipate moving towards the targets for wave e of C.
A daily candle closing below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
USD/JPY Trade Recap, AUD/JPY Long, AUD/USD Short & CAD/JPY ShortAUD/JPY Long
Minimum entry requirements:
• 1H impulse up above area of interest.
• If tight non-structured 15 min continuation follows, 5 min risk entry within it if the continuation is structured on the 5 min chart or reduced risk entry on the break of it.
• If tight structured 15 min continuation follows, reduced risk entry on the break of it or 15 min risk entry within it.
AUD/USD Short
Minimum entry requirements:
• If tight non-structured 1H continuation forms, 15 min risk entry within it if the continuation is structured on the 15 min chart.
• If tight structured 1H continuation follows, 1H risk entry within it.
CAD/JPY Short
Minimum entry requirements:
• If structured 1H continuation forms, 1H risk entry within it.
#HBAR/USDT#HBAR
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.
We are seeing a bounce from the lower boundary of the descending channel, which is support at 0.1870.
We have a downtrend on the RSI indicator that is about to be broken and retested, supporting the upward trend.
We are looking for stability above the 100 Moving Average.
Entry price: 0.19000
First target: 0.1935
Second target: 0.1970
Third target: 0.2001
XAU/USD 29 April 2025 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Analysis and bias remains the same as analysis dated 23 April 2025
Price has now printed a bearish CHoCH according to my analysis yesterday.
Price is now trading within an established internal range.
Intraday Expectation:
Price to trade down to either discount of internal 50% EQ, or H4 demand zone before targeting weak internal high priced at 3,500.200.
Note:
With the Federal Reserve's dovish stance and persisting geopolitical uncertainties, heightened volatility in Gold is expected to continue. Traders should proceed with caution and adjust risk management strategies in this high-volatility environment.
Price could also be driven by President Trump's policies, geopolitical moves and economic decisions which are sparking uncertainty.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bearish.
Analysis and Bias remains the same as analysis dated 24 April 2025.
Price printed as per my note yesterday whereby I mentioned that we should be surprised if price printed a bearish iBOS as all HTF's require a pullback.
Price subsequently printed a bearish iBOS which confirms internal structure.
Intraday Expectation:
Price has traded up to just short of premium of internal 50% EQ where we are seeing a reaction. Price could potentially trade further into premium of 50%, or H4/M15 nested supply zone before targeting weak internal low priced at 3,260.190.
Note:
With the Federal Reserve maintaining a dovish stance and ongoing geopolitical tensions, volatility in Gold prices is expected to remain elevated. Traders should exercise caution, adjust risk management strategies, and stay prepared for potential price whipsaws in this high-volatility environment.
Trump's tariff announcement will most likely cause considerably increased volatility and whipsaws.
M15 Chart:
#GRT/USDT#GRT
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is on its way to breaking it strongly upwards and retesting it.
We are seeing a bounce from the lower boundary of the descending channel, which is support at 0.0956.
We have a downtrend on the RSI indicator that is about to break and retest, supporting the upward trend.
We are looking for stability above the 100 moving average.
Entry price: 0.1010
First target: 0.1033
Second target: 0.1065
Third target: 0.1110
Leaving Breadcrumbs For A Swing Or Setting A Trap?In my previous idea, I explained why I think the price could rise to the $580s and just wanted to provide a brief update on what I’m watching for this week. The market has felt lethargic recently despite rising roughly 8.25% over the last five sessions. The days of fretting over incremental movements feels like a distant memory. Fortunately, major data releases and large cap earnings should energize the market. While “C” waves are not required to meet specific sub-wave retracements, and can go straight to their targets without a significant pullback, we should still be prepared for the possibility of being faced with market whiplash. Taking all of this into account, I think there could be a pullback - especially after noticing an important clue right in front of me.
AMEX:SPY has been rising higher for the last five sessions in a jerky uptrend from last week’s lows and is close to filling a gap/imbalance at the $555 level on the daily chart. There is also a gap from $529-$534, however the price is much closer to filling the upper gap.
Other things I’m taking note of on the daily chart are the declining volume and a MA cross confirmation. The moving averages I’m using here are HMA (13; pink) EMA (34; yellow) and SMA (200; green), and I have found the Hull Moving Average crossing the Exponential Moving Average to be a fairly reliable indicator of a reversal. HMA will cross up on Tuesday if the price stays above the EMA.
For a different perspective, the 1000R ($10) chart shows the price action a little more smoothly. I noticed that for the month of April, each time the price swung lower, it did so by around $35. If it is assumed that this pattern continues for one more swing lower in what would be wave (b) of C, the next question would be: to which retracement level it would go?
There are a lot of people on the boards who think the price will move lower on Tuesday. If the price were to fall from around Monday’s close of $550, a $35 drop would take the price back to around $515, which would result in an approximately 80% retracement of wave (a). There is nothing wrong with this, and the price could reverse and extend to $580 from there, however I think such a deep retracement into wave (a) is the less likely scenario since the goal of this larger corrective wave is to keep the momentum moving higher to sell before the market tanks. I still charted it above to show what that would look like.
Alternatively, I am expecting SPY to move higher on Tuesday and pull back Wednesday and Thursday to continue printing what appears to be clean and proportional movements here in the first major corrective wave of the bear market.
The week ahead will have several events that could determine the market’s direction. The most important news should come from GDP and Core PCE data being released before the open on Wednesday. Regardless of how the market reacts, we can assume with relative confidence that the news will contribute to a large movement in price. Since I’m suggesting a $35 move down will happen at some point, I am anticipating Wednesday will start this movement.
Above the $555 gap there is an order block that the price should be gravitating towards. This would be an ideal area to absorb buy orders before SPY gets sent down. Taking an educated guess, $565 could be a key level that marks the end of wave (a). A $35 reduction from there would see the price retrace 61.8% (0.382 level on the chart) to $530. Since there is another gap around this level, it should be a logical area for the price to move next before beginning its final rise to around $580.
…
This idea makes more assumptions than my last one, so please trust your own instincts and form your own opinions. The market can be unpredictable, so patterns can fail at any time. This is why it is important to stay vigilant.
With that being said, I expect Tuesday to be another low volume day that could take the price in any direction; including sideways. Since Wednesday’s data should be a major driving force for price activity this week, it is important to assess which level the market is targeting just before the news comes out. We’ll see what happens, but I think institutions are going to look to prolong this corrective wave while they still can and offload shares at a good price, because the next time this sells off it will go much lower.
I appreciate all of the feedback I received on my last post, and if you enjoyed this one I’d love to know what you think. Good luck to all.
#SNX/USDT#SNX
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.
We are seeing a bounce from the lower boundary of the descending channel, which is support at 0.711.
We are seeing a downtrend on the RSI indicator that is about to break and retest, supporting the upward trend.
We are looking for stability above the 100 Moving Average.
Entry price: 0.744
First target: 0.765
Second target: 0.785
Third target: 0.811
#QUICK/USDT#QUICK
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.
We are seeing a bounce from the lower boundary of the descending channel. This support is at 0.02317.
We have a downtrend on the RSI indicator that is about to be broken and retested, supporting the upward trend.
We are looking for stability above the 100 Moving Average.
Entry price: 0.02446
First target: 0.02546
Second target: 0.02673
Third target: 0.02820