Short gold, target 2303
The market is changing rapidly. Gold bulls are just a flash in the pan. Rebounds are a better opportunity to short. The gold short trend has not changed. We continue to wait for the bears to exert their strength. Will gold hit a new low today? Let's wait and see.
At present, the short-term rebound has not reached 2320, so short below 2320.
Target 2303-2300
Daily free strategies have been updated. If you agree with my suggestions, please pay attention
Signalsprovider
Lingrid | LINKUSDT approaching BUYING areaBINANCE:LINKUSDT price plummeted in tandem with the BTC price action, before pulling back towards its support level following a bullish extension. As we can see, the price is approaching the buying area between $13.00 and $15.00, where it's currently trading sideways. I think it's likely that the price will retest the local lows, potentially forming a double bottom pattern, which would be a bullish sign. There appears to be accumulation taking place in the $13.00-$15.00 price zone. I expect the price to react to the lower border of the channel by bouncing off and initiating an upward move.
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Lingrid | BITCOIN fake BREAKOUT of the SUPPORT levelBINANCE:BTCUSDT market surprised by making a sudden plunge downwards, taking liquidity below the crucial 67,000 support level. On the daily chart, the price formed a candle with a significant wick, indicating a clear rejection of this support level. I believe that the market will likely continue to move sideways, as it has been stuck in a consolidation zone since mid-May. However, I expect the market to form a double bottom or an engulfing candle pattern that will indicate the dominance of a new trend. My goal is resistance zone at 69500
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Lingrid | GOLD Weekly Price ACTION AnalysisAs I discussed in my previous weekly outlook on OANDA:XAUUSD , the market took a significant hit after the NFP release in the NY session. The stronger-than-expected jobs report has sparked speculation that the Federal Reserve may not cut interest rates as soon as expected, leading to a pullback in many markets - including Bitcoin. Initially, the gold market ralled, but it struggled to break through the psychological level of 2,400 and subsequently fell below 2,300. On the weekly timeframe, the price action formed a bearish long tail, indicating potential bearish momentum. This pattern is reminiscent of a similar price action we saw last year, where the market declined for several months.
On the daily timeframe, the market appears to have formed a head and shoulders pattern. The neckline of this pattern has recently been broken, coinciding with the 2,300 level. Furthermore, this breakout also occurred on the 4H timeframe, where it marks a breakout of the upward channel. This convergence suggests that the market may be poised for further momentum in the direction of the breakout. If it breaks below 2,280, which is previous month's low; we could see a deeper correction. However, as long as we stay above 2,300, the market is in a consolidation phase between 2,300 and 2,400. A pullback could be acceptable, with a potential target of 2,200. Pay attention to interest rates, which could impact gold prices.
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VIBUSDT(Viberate) Daily tf Range Updated till 12-06-24VIBUSDT(Viberate) Daily timeframe range. holders for this one looks like not giving up as even through market dump its being solid above its local support. but PA is not very stable as wicks here and there. 0.08778 needs to hold or it will fall back to 0.06694.
Lingrid | USDJPY Potential long TRADE from SUPPORT levelThe daily chart is displaying a strong uptrend, with the FX:USDJPY having recently broken and closed above a previously tested level. This significant breach was marked by a large bullish candle, indicating that the level has gained importance. The price action had earlier formed a triangle pattern, which was eventually broken through. On the daily chart, the market is now approaching a strong resistance zone where we witnessed a massive sell-off. I'm anticipating a retest of the support level and confirmation of buying momentum before making any further moves. My target is resistance zone at 158.450
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GBPAUD Sell/ShortLooking at a new rejection that seems to have been struggling to break past 1.93100 I can confirm to say this seems like a bearish downtrend that is occurring. I will take my entry now at 1.93072 with all inputs for TP and SL below. Please use proper risk management as always.
GBPAUD Sell/Short
ENTRY: 1.93072
TAKE PROFIT:
TP 1: 1.89317
TP 2: 1.86379
SL: 1.94623
Please use proper risk management upon entering this trade.
Lingrid | BITCOIN double TOPPED. What's NEXT ? The sudden plunge of BINANCE:BTCUSDT triggered a widespread panic sell-off across the crypto market, causing a ripple effect that sent prices tumbling. As we can see, the price has formed a consolidation zone, characterized by higher lows and equal highs, indicating a potential stabilization in the market. The trend is now heading towards the support level and potentially June's month lows, setting the stage for a critical test. A fake breakout of this support level would be a strong indication of a liquidity grab, which could be a key confirmation of the market's next move. In my opinion, the price is likely to continue trading sideways, updating higher lows. I expect the market to retest the resistance level in an effort to form a third top, which would provide further insight into the direction of the market's trajectory. My goal is a resistance zone at 72000.00
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LEVERUSDT(LeverFi) Daily tf Range Updated till 11-06-24LEVERUSDT(LeverFi) Daily timeframe range. while market is having hard time today compare to that its holding nicely till now. trying to get out of 0.003990 but its a strong resistance. and not very far away from price discovery, good trade opportunity their if that happens. recent retrace point at 0.003007.
Lingrid | NOTUSDT buying OPPORTUNITYBINANCE:NOTUSDT has pulled back to the support level, forming a descending triangle. As we can see, the price is currently testing the bottom of this downward channel and support level at $0.015. On the daily chart, we observe that price action has created a buying zone between $0.0130 and $0.0150. I believe that the price may dip slightly before creating new higher highs. My expectation is that the price will retest the swap zone, which has been consistently respected in the past. My goal is the resistance zone around 0.02048
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Lingrid | NZDUSD strong RESISTANCE rejectionThe price perfectly fulfilled my previous idea. It hit the target level. After an initial impulsive movement, FX:NZDUSD is now consolidating and gradually retracing back to the resistance zone. However, price action has failed to break and close above the key level of 0.62000, which suggests that a more substantial pullback is likely to occur. The weekly chart shows a strong rejection of the resistance level, as indicated by the formation of a long-tailed bar. Given this resistance, I anticipate a 50% retracement of the current price action, followed by a resumption of the trend towards the lower boundary of the upward channel. My goal is the support level at 0.60830
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Lingrid | ADAUSDT byuing OPPORTUNUTY at LOWER pricesThe price perfectly fulfilled my previous idea. It bounced off the resistance zone. BINANCE:ADAUSDT plummeted downwards, shattering support levels in its wake. Failing to break and close below the crucial 0.50 level, was merely a precursor to a more significant correction, which has recently unfolded. I believe the market may now be poised to revisit its recent support levels and channel boundary, potentially offering a chance to re-enter the market at more attractive prices. On the daily timeframe, the market remains within a developing range zone, which is taking shape as a triangle pattern. In my opinion, this presents a compelling opportunity to capitalize on lower prices by buying into the market. My goal is the resistance zone 0.4700
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Lingrid | EURUSD GAP down MONDAY openingIn the aftermath of high-impact news, FX:EURUSD has rebounded off the resistance level, triggering a significant impulsive move. On the weekly chart, a long-tailed bar suggests that price may be poised to break below the psychologically significant level of 1.07000. The morning's gap opening has led to anticipate a pullback to this gap, which will likely be followed by a further downward correction. As the market typically fills gaps, which serve as both support and resistance zones, I expect this gap to act as a key area of convergence. On the 4H timeframe, price action has broken and closed below the upward channel, signaling a potential bearish momentum shift. Based on this development, I expect this bearish momentum to continue. My goal is the support level at 1.07000
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
PEOPLEUSDT(ConstitutionDAO) Daily tf Range Updated till 09-06-24PEOPLEUSDT(ConstitutionDAO) Daily timeframe range. while many things down this thing absolutely ruling. i had one position from 0.05401 bagging good profits their. now its trying to break 0.14054 if it does 0.18880 got chance to visit. recent retrace point is at 0.10456.
Lingrid | BNBUSDT in CORRECTION phaseThe price perfectly fulfilled my last idea. BINANCE:BNBUSDT has reached an all-time high, riding a wave of momentum as it continues to make higher highs on the daily chart. The recent breakout and close above the massive range zone has been a significant development. Meanwhile, on the 4H timeframe, the market is showing a typical pullback after an impulse move, which is a natural corrective process. It's essential to pay attention to the weekly candle's close, as this will provide valuable insights into the market's future direction. Based on the current trend, I expect the market to experience a squeeze before extending its upward trajectory, potentially forming another compression channel in the process. My goal is recent highs around 730.00
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Alikze »» CELR | Wave 3 or C ascending super cycle scenarioIn the weekly period, in its growth period, it went through a complete upward cycle up to the range of 0.19870, after which it entered a correction that occurred in the form of a three-wave in the weekly period of this correction. Currently, after exiting the density and a pullback to the bullish dynamic trigger, it has entered the continuation of the upward trend. In the short-term cycle, there was an upward wave, which can be called the current correction wave 2 out of 3 ascending wave, which can continue this correction in the range of the green box or trigger, and after that it enters wave 3 out of 3, which has the ability to grow up to the range of 1.618 will have But in the super cycle itself, the specified goals will be accessible with the invalidity limit of the analysis of the range of 0.1047
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