Golden Flag ( big DROOP )be carefull gold we drop significantly soon, its a matter of time and all the money will go digital
Fundamental Analysis
LMT sky high rocket stock LMT has been experiencing some intense changes in geopolitical conflict for next week. Leading analysts to observe closely LMT price behavior according to avg volume. We’re al expecting LMT to rise just above $520 by next week in order to accommodate some liquidity. Keep buying if not yet more.
EURUSD LONGDolllar strength will come but not now the euro is still strong right now we saw the rejection to the downside and have clear choch to the upside . We could now see a little fall to the downside before price rallies creating higher highs . I’ve marked out where sellers would typically sell from and out the stop losses so we will should see a little drop (fakeout) then price retracing taking the sellers out and continuing up .
SELL EURJPYThe pair is moving in uptrend.
Liq swept, choch created, retest is there.
There is more than three confluences to make decision for entry.
Let us see the way price goes
XAUUSD (Gold) Technical Analysis – June 13, 2025🔍 Key Observations
Uptrend Structure:
Gold remains in a rising channel (higher highs, higher lows).
$3265 flipped from support to springboard for continued upside.
$3365–$3375 has held as a solid support zone.
Resistance Levels:
💠 $3400 – psychological barrier and channel resistance.
💠 $3480 – upper channel boundary, long-term target.
💠 $3490 – historical ATH, may trigger pullbacks.
Macro/Geopolitical Drivers:
Israel–Iran tensions and soft U.S. data boost safe-haven demand.
Central bank accumulation reinforces bullish case.
Bearish Contingency:
Failure to break $3432.57 (double top) could pull price down to:
🔻 $3384.83 – intermediate support
🔻 $3270.06 – final downside target
📈 Trade Setup – Bullish Continuation
📥 Entry Zones:
$3377–$3380 support area (pullback entry)
OR $3400 breakout confirmation (high-volume thrust)
⛔ Stop-Loss:
Below $3350 to guard against fakeouts
🎯 Take-Profit Targets:
TP1: $3444.75
TP2: $34458.44
TP3: $3472.14
TP4: $3490 (ATH zone)
📊 Risk/Reward:
Favorable 3:1 (e.g., risking $25 to gain $75 from $3375 entry)
🔑 Key Levels to Watch
Resistance: $3400, $3432.57, $3456, $3480, $3490
Support: $3384.83, $3375, $3340, $3319
🧭 Sentiment & Volume Cues
Bullish Confirmation:
Volume spike above $3365–$3400
Continued soft US data / geopolitical fear
Bearish Signals:
Weak breakout at $3432.57
Breakdown below $3384.83 with low volume
✅ Summary
Gold maintains bullish structure. Look for long entries around $3375–$3384.83 or wait for a strong breakout above $3400. Use tight stops and monitor both technical levels and macro triggers.
🛑 Disclaimer: Trade with proper risk management. This analysis reflects technical outlooks and may change based on real-time events.
ETH: Next ATH on the Horizon? My Elliott Wave Analysis Says YESMy latest Elliott Wave count on TradingView points to a significant bullish impulse for ETH, suggesting we're gearing up for a fresh All-Time High! The wave structure looks clean, indicating strong momentum ahead.
Check out my chart and let me know your thoughts on this potential move!
#ETH #ElliottWave #TradingView #ATH #Crypto #MarketAnalysis #Bullish
EURUSD Gearing Up for Next Leg Up – DXY Weakens After PPI MissToday, key U.S. economic indexes were released, providing fresh insights into inflationary pressures and the state of the labor market:
Core PPI m/m:
Actual: 0.1% | Forecast: 0.3% | Previous: -0.4%
Lower than expected – suggests weaker underlying producer inflation.
PPI m/m:
Actual: 0.1% | Forecast: 0.2% | Previous: -0.5%
Slight miss – overall inflation at the producer level remains soft.
Unemployment Claims:
Actual: 248K | Forecast: 242K | Previous: 247K
Slightly higher than forecast – signaling some cooling in the labor market.
Market Outlook :
These data releases point toward cooling inflation and softness in job growth, which may strengthen the dovish narrative around the Fed’s next move.
DXY Index ( TVC:DXY ) is under pressure, and EURUSD ( FX:EURUSD ) is showing signs of bullish momentum .
-----------------------------------------------------------
Now let's take a look at the EURUSD chart on the 1-hour time frame .
EURUSD is trading near the Heavy Resistance zone($1.182-$1.160) and Monthly Resistance(2) .
In terms of Elliott Wave theory , EURUSD appears to be completing microwave 4 . Microwave 4 could be completed at one of the Fibonacci levels .
I expect EURUSD to attack the Heavy Resistance zone($1.182-$1.160) at least once more after completing microwave 4 and could even rise to the Potential Reversal Zone(PRZ) .
Note: If EURUSD touches $1.1446 , we can expect more dump.
Please respect each other's ideas and express them politely if you agree or disagree.
Euro/U.S. Dollar Analyze (EURUSD), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Cisco’s Charts Are Painting a Conflicting PictureCisco Systems NASDAQ:CSCO lost some ground in recent days even as the tech giant kicked off its Cisco Live 2025 event this week in San Diego, and the stock’s charts are flashing some conflicting signals. Let’s take a look.
Cisco’s Fundamental Analysis
CSCO’s three-day Cisco Live event began Monday and has seen some new-product announcements, but the stock has nonetheless struggled -- not surprising given that shares are trading very close to a key technical level.
On one hand, Cisco used the conference to announce a number of innovations, such as a Hybrid Mesh Firewall and Zero-Trust Network Access. The latter is a service that would simplify policy management for clients, as well as enhance visibility and securely scale while not adding complexity to a security stack.
CSCO also unveiled increased integration of the Splunk platform to unify data across all of the firm's services. That should help security teams automate workflows and respond more quickly to perceived threats.
As for earnings, Cisco will report its fiscal Q4 results some time in August.
The firm unveiled fiscal Q3 numbers last month, beating analyst expectations for both top- and bottom-line performance while growing sales 11.4% on a year-over-year basis.
Wall Street seems to think the current quarter will look good as well. Of the 18 analysts I found that cover Cisco, all of them have revised their fiscal-Q4 earnings projections higher over the past few months.
Cisco’s Technical Analysis
While all of that would typically help a stock, different Cisco charts tell very different tales about the stock’s technical picture.
First, here’s CSCO’s chart going back to January:
This chart appears to show that Cisco has developed a “cup-with-handle” pattern stretching from mid-February into June, as denoted with the purple curving line above. That’s historically a bullish pattern.
Cisco then rallied out of the pattern’s “handle” (the short purple diagonal line at right) until shares hit resistance at a $66 pivot point. (CSCO was trading at $64.70 Friday afternoon.)
But pivots are doors that can swing two ways. They can act as a trend accelerant -- kind of like a slingshot -- or they can stop a trend in its tracks. That's why investors keep an eye on them.
Looking at other technical points in the chart above, Cisco is currently riding above both its 200-day Simple Moving Average (or “SMA,” marked with a red line) and its 50-day SMA (denoted with a blue line). That traditionally helps keep portfolio managers invested in a stock.
Cisco is also well above its 21-day Exponential Moving Average (or “EMA,” marked with a green line above). That tends to keep the swing crowd on board.
Meanwhile, Cisco’s Relative Strength Index (the gray line at the chart’s top) looks very strong but is flirting with a technically overbought condition.
And lastly, the stock’s daily Moving Average Convergence Divergence indicator (or “MACD,” marked with gold and block lines and blue bars at the chart’s bottom) looks bullish as well.
The histogram of Cisco’s 9-day EMA (marked with blue bars) is above zero, which tends to be bullish. Similarly, the stock’s 12-day EMA (the black line) is above its 26-day EMA (the gold line), with both in positive territory. That set-up is also typically bullish.
But what if Cisco never takes and holds that upside pivot? Then the stock might have a problem.
Take a look at this chart covering the same time period:
Because Cisco’s pivot is located at roughly the same price level as the left-side apex of the cup-with-handle pattern’s cup, this chart shows a potential bearish pattern brewing for the stock.
Should Cisco stop rising from its current levels of about $64, then the cup-with-handle pattern will suddenly look more like a so-called “double-top” pattern of bearish reversal.
This double-top pattern (marked with “Top 1” and “Top 2” boxes above) would have a downside pivot of $52, the low point between the two tops.
The RSI and MACD in this second chart still lean bullish, but the potentially bearish double-top pattern should be a serious consideration for Cisco investors.
Add it all up and some investors might decide to take a wait-and-see attitude here and watch whether Cisco takes out its $66 upside pivot or not.
(Moomoo Technologies Inc. Markets Commentator Stephen “Sarge” Guilfoyle had no position in CSCO at the time of writing this column.)
This article discusses technical analysis, other approaches, including fundamental analysis, may offer very different views. The examples provided are for illustrative purposes only and are not intended to be reflective of the results you can expect to achieve. Specific security charts used are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. This content is also not a research report and is not intended to serve as the basis for any investment decision. The information contained in this article does not purport to be a complete description of the securities, markets, or developments referred to in this material. Moomoo and its affiliates make no representation or warranty as to the article's adequacy, completeness, accuracy or timeliness for any particular purpose of the above content. Furthermore, there is no guarantee that any statements, estimates, price targets, opinions or forecasts provided herein will prove to be correct.
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Meta Platforms - This stock tastes sooo good!Meta Platforms - NASDAQ:META - will print a new all time high:
(click chart above to see the in depth analysis👆🏻)
Over the course of the past two months, Meta has been rallying +40%. This recent behaviour was not unexpected at all but rather the consequence of the all time high break and retest. Now - back at the previous all time high - Meta will most likely break out higher again.
Levels to watch: $700, $900
Keep your long term vision!
Philip (BasicTrading)
Gold Testing Channel Resistance – Bearish Reversal Expected Gold (XAU/USD) – 4-Hour Time Frame Analysis
Gold is trading within an upward parallel channel on the 4-hour chart, with price action consistently respecting both the support and resistance boundaries of the formation.
At present, Gold is approaching the upper boundary of the channel, currently trading around 3425, indicating a key resistance zone. A rejection from this level is anticipated, which could initiate a corrective move to the downside.
Entry 3425 (Resistance Zone)
Target 3340 (Support Zone)
Stop-Loss 3451
The technical setup favors a short position, with a favorable risk-to-reward ratio if the resistance holds. Traders are advised to monitor for confirmation signals before entry.
Bearish bias below 3451, with potential downside toward 3340.
GE Vernova Inc. (GEV) – Powering the Global Energy TransitionCompany Overview:
GE Vernova NYSE:GEV is becoming a cornerstone of the global clean energy shift, providing advanced power generation, transmission, and renewable energy technologies that are now mission-critical for national energy strategies.
Key Catalysts:
Explosive Electrification Growth ⚡
Grid Solutions backlog tripled YoY, driven by demand for modern, resilient, and clean grids.
HVDC & FACTS technologies place GEV at the forefront of a global multi-decade grid overhaul.
Recurring Revenue from Wind Repowering 🌬️
1 GW of upgraded capacity in 2024 under the Repower program.
GEV operates the most widely installed wind platform in the U.S., giving it dominance in the high-margin retrofit market.
Strategic Manufacturing Expansion 🏭
$600M+ in investments across Florida and India expand capacity and de-risk the supply chain.
Supports global demand from infrastructure stimulus and decarbonization mandates.
Investment Outlook:
Bullish Case: We are bullish on GEV above $410.00–$415.00, as clean energy investment accelerates.
Upside Potential: Price target of $600.00–$610.00, backed by order momentum, retrofit leadership, and global energy reform.
🔋 GE Vernova – Electrifying the Future. #GEV #CleanEnergy #GridModernization #WindPower
XAUUSD H4 Outlook – CHoCH Confirmed & Discount Pullback in Motio👋 Hey traders!
Here’s your fresh H4 XAUUSD Outlook for June 9, 2025 — real-time structure, sniper zones, and bias clarity, right where price is sitting. Let’s dive in 👇
📍 Bias: Bearish short-term → clean CHoCH & liquidity sweep, targeting discount retracement
🔹 1. 🔍 H4 Structure Summary
CHoCH (Lower) confirmed after recent LH at 3384.
Price failed to reclaim supply → now trading back below the 3350 level.
Multiple internal CHoCHs + bearish OB at 3368 showing clear short-term rejection.
Market is shifting from a bullish continuation into a retracement leg.
🔹 2. 🧭 Key H4 Structure Zones
Zone Type Price Range Structure Notes
🔼 Supply Zone (Flip Trap) 3360 – 3384 Clean CHoCH, FVG, + OB rejection area — major sell trigger
🔽 Mid-Demand Range 3272 – 3252 Retest OB + FVG cluster, ideal reaction zone for possible bounce
🔽 Deep Discount Zone 3174 – 3145 Last major accumulation + bullish origin block
🔹 3. 📐 Price Action Flow
Previous HH → LH → CHoCH confirms internal structure break.
Liquidity swept above LH at 3384, trapping late bulls.
Now targeting equilibrium zone around 3260–3280 as next H4 liquidity base.
🔹 4. 📊 EMA Alignment (5/21/50/100/200)
EMA5 and EMA21 are starting to cross down.
Price has lost momentum above EMA50 → retracement expected into EMA100/200 territory (sub-3280).
Full bullish EMA stack remains — but this is a controlled correction inside trend.
🔹 5. 🧠 RSI + Momentum View
RSI has dropped below 50 → bearish control short-term.
Momentum flow fading after multiple rejection wicks from premium zones.
📌 Scenarios
🔽 Retracement Flow in Progress
Price likely heading to 3272–3252 demand block for reaction
If this zone fails → we open door to 3174–3145 clean swing zone
🔼 Invalidation
Bullish pressure only regains control on break + hold above 3384
Until then: favor selling the supply + letting price reach discount
✅ GoldFxMinds Final Note
We’ve officially shifted into retracement mode on H4. The game now is to either:
Sell retests into supply, or
Wait for clean confirmations at demand for new longs
Let price come to your zone. No emotion — just structure.
💬 Drop your chart view below or ask if you’re unsure where to position next.
Locked in for next move,
— GoldFxMinds 💡
CVNA Swing Trade Plan – Bearish Breakdown (June 13, 2025)🛑 CVNA Swing Trade Plan – Bearish Breakdown (June 13, 2025)
📉 Setup Summary:
CVNA is flashing strong bearish momentum across 15-minute and daily charts, confirmed by multiple AI models. Although slightly oversold in the short term, the overall directional thesis remains intact: downside toward $293–$295 seems likely in the coming sessions.
🔍 Multi-Model Technical Consensus
Trend: Bearish across 15-min and daily; weakening on weekly
Momentum: MACD bearish, RSI near oversold but no bullish divergence
Volume: Spike on red candles confirms seller strength
Support/Resistance Zones:
• Resistance: $310–$320
• Support: $292–$295
Max Pain: $320 (may act as a temporary gravitational pull on bounce)
🧠 AI Model Signals
✅ Grok/xAI: $310 PUT — bearish, aligns with max pain retrace
✅ Llama/Meta: $300 PUT — short-term continuation
✅ Gemini/Google: $280 PUT — deep OTM swing toward structural support
✅ DeepSeek: $305 PUT — best balance between liquidity, risk/reward, and chart structure
🧩 Conclusion: Slight preference for the $305 PUT for its technical alignment and capital efficiency.
📈 Trade Recommendation
🔻 Strategy: Buy Naked PUT
Ticker: CVNA
Strike: $305
Expiry: 2025-06-27
Entry: At market open
Target Entry Price: $10.50
Profit Target: $15.75 (+50%)
Stop-Loss: $7.35 (–30%)
Confidence: 75%
⚠️ Risk Considerations
Short-Term Bounce Risk: Extremely oversold 15m RSI might trigger intraday upticks
Macro Reversal: Broader market rally or surprise CVNA news could invalidate the bearish thesis
Premium Sensitivity: CVNA is volatile; strict stop-loss adherence is key
Max Pain Risk: Reversion to $320 could neutralize gains quickly
💬 Swing traders — what’s your play here?
Do you ride the momentum lower, or is this oversold enough to fade?
Drop your take 👇 and follow for daily AI-backed trade setups.
VIX Call Trade Setup – Volatility Spike or Mean Reversion? (202⚡️ VIX Call Trade Setup – Volatility Spike or Mean Reversion? (2025-06-13)
Ticker: TVC:VIX | Strategy: 🔼 Weekly CALL Option
Bias: Moderately Bullish | Confidence: 65%
Expiration: June 18, 2025 | Entry Timing: Market Open
🔍 Technical & Sentiment Snapshot
• Current Level: ~20.96
• Short-Term Trend: Strong — Price above all EMAs (5m, 30m, Daily)
• Momentum: MACD bullish, 5m RSI >90 (overbought)
• Resistance Zone: $22.00 – $22.56
• Max Pain: $20.00 → potential magnet if reversal kicks in
• Sector Sentiment: S&P downtrend + macro risk keeping VIX supported
• OI Clusters:
– Puts: Heavy at $20.00
– Calls: Building interest at $22.00 and $23.00
🧠 AI Model Summary
✅ Grok + Gemini:
• Bullish bias, expect continued upside
• Favor calls: $22–$23 strikes
• Trade VIX strength on S&P weakness
⚠️ Llama + DeepSeek:
• Mean-reversion view → overbought conditions
• Suggest puts at $20.00 for reversion to max pain
📊 Consensus: Moderately Bullish
→ Ride momentum with tight risk controls
✅ Recommended Trade Plan
🎯 Direction: CALL
📍 Strike: 22.00
📅 Expiry: June 18, 2025 (Weekly)
💵 Entry Price: $0.97
🎯 Profit Target: $1.45 (+50%)
🛑 Stop Loss: $0.73 (–25%)
📏 Size: 1 contract
📈 Confidence: 65%
⏰ Entry Timing: Market Open
⚠️ Risks & Considerations
• RSI >90 → short-term pullback possible
• $22.00 resistance could cap the move
• VIX mean-reverting nature may drag it toward $20.00
• Equity stabilization (e.g. SPY bounce) = bearish for this call trade
• Manage size — weekly VIX options are very volatile
🔥 Volatility trades are fast and furious.
📣 Will VIX explode higher… or revert hard back to $20? Drop your setup below 👇
📲 Follow for daily AI-backed trading plans + option signals.
Nucor | NUE | Long at $120.17Nucor NYSE:NUE , a US manufacture of steel and steel products, will likely capitalize on reduced foreign competition as tariffs become reality. The CEO also recently stated that the steelmaker's order backlog is the largest in its history and is increasing prices. So, while there is a potential for short-term downside as tariff "unknowns" are negotiated, the longer-term upside may be there for those who are patient... but time will tell.
Basic Fundamentals:
Current P/E: 21x
Forward P/E: 15-16x
Earnings are forecast to grow 29.6% per year
Projected Revenue in 2025: $32.3 billion
[*} Projected Revenue in 2028: $39.4 billion
Debt-to-Equity: 0.4x (healthy)
Dividend Yield: 1.8%
Technical Analysis:
Riding below the historical simple moving average and there is risk the daily price gap near $109 will close before moving higher. If there is a "crash" in price, $70s is absolutely possible which will be a "steel" if fundamentals do not change.
Targets in 2027:
$142.00 (+18.2%)
$187.00 (+55.6%)
ADM 1D: 10-Month Channel Says Goodbye?Since July 18, 2024, ADM had been locked in a clean downward channel — well-behaved, well-respected. But in May 2025, the structure finally cracked: price broke out, crossed above the 50-day MA, and pulled back for a textbook retest right on the channel’s upper edge. So far, the breakout is holding. The next targets sit at 50.6 (0.618), 53.5 (0.5), and 56.5 (0.382). As long as price stays outside the channel, the bullish structure remains intact.
Connor’s RSI down below is quietly doing its job — already bounced from deep oversold, now curling up with momentum. It’s not flashy, but in this context it signals early strength before the crowd notices.
Fundamentally, ADM is still cleaning up after the early-2024 accounting scandal that nuked investor trust. But management moved fast: reinstated buybacks, tightened guidance, and Q1 2025 came in strong — $22.6B revenue, $0.88 EPS, both beating expectations. ADM remains a pillar of the U.S. ag sector, and in an era of global food anxiety, that means structural demand isn’t going anywhere.
Вот адаптированный перевод финального блока под **английский пост**, в том же живом и профессиональном стиле:
Enjoyed the idea? Like, share, and drop your thoughts in the comments.
It helps keep the content visible, free, and accessible to everyone.
Got your own charts or takes? Let’s discuss them below.
Rising Geopolitical Risk Could Pressure EURUSDEURUSD attempted to break the upper line of the trend channel yesterday, but with the start of the Israeli attack, a quick selloff followed. Rising geopolitical risks typically increase demand for U.S. debt and the dollar. As a result, EURUSD’s rally is facing short-term bearish pressure. The first key support level at 1.1495 is being tested. If it holds, there is a chance for another attempt at the upper line. However, if it breaks, 1.1440 and 1.1370 are the next support levels to watch in the short term.
Hit the target with one strike! Gold perfectly cashed in 3435Gold closed sideways at a high level yesterday, and closed positive again overnight. It opened back to 3379 and pulled up strongly, breaking through the 3400 mark and then increasing in volume. The recent low-multiple bullish ideas have been realized. There is no doubt that it will continue to be bullish and long today. The market has turned from the previous sweeping upward to a strong unilateral trend. The upper side will first look at the previous high pressure of 3435. Continued breakthrough will further open up the upper space, or it will hit 3500 or even a new high again. The lower support focuses on the top and bottom conversion position of 3395-3405, and then pay attention to the 1H cycle support near 3410. The intraday operation is mainly long on the decline.
Operation suggestion: Go long on gold when it falls back to 3395-3345, and look at 3434 and 3450. If it is strong, continue to go long with the support of 3415-3410.
When operating, be sure to strictly set stop loss, strictly control risks, and respond to market fluctuations steadily.
Venta en Nasdaq impulsada por volatilidad macroeconómicaThe Nasdaq presents a technical short opportunity following a strong reaction to volatility triggered by recent macroeconomic events. This pressure has activated a risk-off environment, with capital flowing out of tech assets into safe havens like the dollar or bonds.
The price is respecting a bearish structure on higher timeframes and, after a technical pullback into supply zones, rejection is confirmed with volume and reversal candlesticks. I expect bearish continuation as long as key levels remain intact and macro uncertainty persists.
📍 Trade based on price action and fundamental context.
⚠️ Risk is managed according to the trading plan, adjustable based on macro developments.
Gold Price Analysis June 13Yesterday's D1 candlestick increased, confirming the continuation of the uptrend. Following that uptrend, the Asian session saw a strong increase in price to the highest peak of 3443. If there is still confirmation from the h4 candlestick above 3395, today will still be a bullish candlestick with a large amplitude at the end of the day.
After reaching the highest peak of the month, Gold is having a downward correction at the end of the Asian session. This correction lasts until the support of 3397 to have a good BUY signal. In case you want to SELL, you must wait for a 50% test of the previous full-force downtrend H1 candle (around 3434) and the continuation of the Selling side.
If the 50% test does not appear, you must reverse to find a BUY Breakout point. Note that the False break at the peak of 3343 should wait for confirmation of the small-frame DOW wave to enter the order, which will be safer for this morning's break.
If you get a BUY order, the target will be 3364 and this area will have a profit-taking reaction from the Buyers, causing the price to decrease. Gold may touch the threshold before ATH 3394 and there will be a reaction.
In the opposite direction, there is a sweep to 3376, which is considered the daily support zone and you can buy in this area.
All SELL signals are considered obstacles, so set a short target and a new BUY signal sets a long expectation.
Gold loves chaos....With the current frantic event in the Mid-East, Gold gets a booster to push higher after a lackluster week with so much manipulations to purge both side of the market. On Sunday opening bell in Asia, the key level support (Previous Week Low) was purged and price went to gently retest it then reprice higher to take out the PWH and today the PMH. Basically, Sunday gave the price to seek into Discount and now it's holding some strength into a buy program. Watch out for another ATH to be taken and price discovery beyond.
GBPAUD Trading SignalsGBPAUD is reacting at the resistance zone with this force, the downtrend will continue at 2.08000. If you want to BUY at 2.0800, you have to wait for the price reaction of the candle. If you break 2.080, you have to wait at 2.06900 for BUY strategies. In the opposite direction, the peak of 2.101 is still an important peak where you can execute the SELL strategy with the GBPAUD currency pair.
BTC - Update on Suspected Flash Crash ScenarioFor those of you who have been following my ideas, and I don’t think that would be many - understandably so, because these ideas seem so outrageous and out of the norm - I feel obligated to provide updated numbers per my own personal trade ideas.
I expect BTC to flash crash. In summary, here is why:
1. DXY is breaking down and retesting a major bearish trendline on the monthly. This alongside geopolitical events and sentiment, I expect the dollar to fall rapidly and store of value assets such as BTC to see a multi year bull run.
2. The market has been steadily bringing BTC up since late 2022. This leaves a trail of long position stop losses below the price, leaving a massive chain reaction of sell orders ready to set off one into the next. In other words, the orders required to make the drop are already in the chart.
3. It’s a question of when - BTC is under 3 intersecting bearish trendlines, and we can see how price breaks above and below these support / resistance levels historically. Eventually they will hold and play out, estimating when is tricky - that’s why I use DXY to predict it.
It’s difficult to pinpoint where the upper resistance is - but a pretty solid pick is around 105,200. I’ve used various numbers in the past for this idea, but it’s always refining and evolving based on what I see price doing.
I’m proposing two movements for a massive liquidation sweep of the lows prior to a 3-5 year bull run where BTC sees those quarter million dollar prices.
Scenario 1:
105,200 to 35,000
35,000 retrace to 77,000 ( although this doesn’t have to happen, I just anticipate a 3 wave corrective move)
77,000 to 10,000 (could be as low as 7,000)
7,000 and upwards of 200,000 (after all liquidity is absorbed and reclaimed)
Scenario 2:
105,200 straight down (for the most part) to 17,000 to 20,000
17-20,000 and upwards to 200,000 plus
Personally I feel scenario one is most likely. I’ve been trading this market since 2017 and the newfound “ stability “ of Bitcoin during the last 2 years cannot be trusted. This upwards move IS NOT a bull run. It’s a BEARISH RETEST.
Bearish retests typically move straight up, exactly as what’s been happening - following by a drop roughly 10 times as fast.
Same ideas on the larger time frames as smaller time frames.
WHEN DO I EXPECT THIS TO HAPPEN?
Starting any minute and spanning over the next several days to week.
Anyway - that’s my update for those of you who are interested.
Understand this stuff gets laughed at - but I experienced the same treatment when I told my group to long BTC at 16,500 in Jan 2023 to a target of 90,000. It’s not new to me and I expect it.
Doing my best to help advise and open your minds to alternative ideas.
