BTC - Short Setup at 0.702 Fibonacci & Fair Value GapMarket Context
Bitcoin recently rejected from a major resistance area and has since been retracing downward, finding temporary support inside a bullish Fair Value Gap. The market is currently in a corrective phase, with buyers attempting to defend lower levels while sellers look for optimal positions to reload shorts. This environment shows a classic tug-of-war between these two forces as price moves between supply and demand zones.
Consolidation and Current Phase
Although the prior consolidation has been broken, the current price action can still be described as corrective, with intraday structure forming lower highs. The bullish Fair Value Gap beneath price has been respected so far, creating a temporary base. However, the path remains complex, as the market has unfilled imbalances both above and below.
Bearish Retest Scenario
One key scenario involves a retracement toward the bearish Fair Value Gap near 117K, which also aligns with the 0.702 Fibonacci retracement level. This confluence makes it a high-probability area for sellers to step in again. A rejection from that zone would likely resume the downtrend, with the next logical target being the deeper unfilled bullish Fair Value Gap around 110K. This zone acts as a magnet for price due to the inefficiency left behind during the last rally.
Bullish Defense Scenario
For bulls to regain control, the current Fair Value Gap at 114K must hold, followed by a strong move that invalidates the lower-high structure. Such a move would need to break above the 117K bearish FVG with conviction. Only then could momentum shift back to the upside, opening the door for another challenge of the higher resistance zones.
Final Words
Patience and precision are key when dealing with setups like this. Let the market come to your level — and react with intent.
If you found this breakdown helpful, a like is much appreciated! Let me know in the comments what you think or if you’re watching the same zones.
Community ideas
GOLD 1H CHART ROUTE MAP UPDATE & TRADING PLAN FOR THE WEEKHey Everyone,
Please see our updated 1h chart levels and targets for the coming week.
We are seeing price play between two weighted levels with a gap above at 3370 and a gap below at 3348. We will need to see ema5 cross and lock on either weighted level to determine the next range.
We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next range.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.
We will continue to buy dips using our support levels taking 20 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
The swing range give bigger bounces then our weighted levels that's the difference between weighted levels and swing ranges.
BULLISH TARGET
3370
EMA5 CROSS AND LOCK ABOVE 3370 WILL OPEN THE FOLLOWING BULLISH TARGETS
3392
EMA5 CROSS AND LOCK ABOVE 3392 WILL OPEN THE FOLLOWING BULLISH TARGET
3416
EMA5 CROSS AND LOCK ABOVE 3416 WILL OPEN THE FOLLOWING BULLISH TARGET
3429
EMA5 CROSS AND LOCK ABOVE 3429 WILL OPEN THE FOLLOWING BULLISH TARGET
3439
BEARISH TARGETS
3348
EMA5 CROSS AND LOCK BELOW 3348 WILL OPEN THE FOLLOWING BEARISH TARGET
3328
EMA5 CROSS AND LOCK BELOW 3328 WILL OPEN THE FOLLOWING BEARISH TARGET
3313
EMA5 CROSS AND LOCK BELOW 3313 WILL OPEN THE SWING RANGE
3296
3281
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
Bitcoin Hits $40,000, It Will Recover —Name Your AltcoinSorry, there is a typo there on the title, I meant to say: Bitcoin hits $114,000, soon to recover.
As you can see from our trading range, Bitcoin just went beyond the lower boundary and hit a new low, the lowest since 10-July but there is good news. There isn't room for prices to move much lower, this is part of the consolidation phase.
The first low happened 25-July and notice the high (bear) volume. The second low happens today and we have lower volume compared to 25-July, but Bitcoin hit a lower low. This reveals that the bearish move is already weak and losing force. It also reveals the fact that Bitcoin is about to recover.
Also notice the RSI, 2H. It hit oversold recently and went the lowest in a long while. Reversals tend to happen when the RSI becomes oversold.
Bitcoin is testing the lower boundary of the trading range, when this happens, the action reverses and moves back up. Prepare to see Bitcoin back above $120,000. It is normal and it will happen... But it is wise to give the market a few days. 5-August was bad last year. It gets bad but it also marks the bottom. Once the bottom is hit, growth long-term.
— Name Your Altcoin
Leave a comment with the altcoins you are holding now and I will do an analysis for you. The altcoins will also recover and we are witnessing just a small retrace. Hold strong as this is the most important part. We will have a very strong new bullish wave develop within days.
As Bitcoin moves to test support, it will reverse to test resistance next. Which one is your top altcoins choice?
Thank you for reading.
Namaste.
Mastering bullish candlestick patterns - How to use it!In this guide, we will explore some of the most important bullish candlestick patterns used in technical analysis. These patterns are essential tools for traders and investors who want to better understand market sentiment and identify potential reversal points where prices may start moving upward.
What will be explained:
- What are bullish candlestick patterns?
- What is the hammer?
- What is the inverted hammer?
- What is the dragonfly doji?
- What is the bullish engulfing?
- What is the morning star?
- What is the three white soldiers?
- How to use bullish candlestick patterns in trading?
What are bullish candlestick patterns?
Bullish candlestick patterns are specific formations on a candlestick chart that signal a potential reversal from a downtrend to an uptrend. These patterns are used by traders and investors to identify moments when the market sentiment may be shifting from bearish to bullish. Recognizing these patterns can help traders time their entries and make more informed decisions based on price action and market psychology. While no single pattern guarantees success, they can provide valuable clues when combined with other forms of analysis such as support and resistance, trendlines, and volume.
What is the Hammer?
The Hammer is a single-candle bullish reversal pattern that typically appears at the bottom of a downtrend. It has a small real body located at the upper end of the trading range, with a long lower shadow and little to no upper shadow. The long lower wick indicates that sellers drove the price lower during the session, but buyers stepped in strongly and pushed the price back up near the opening level by the close. This shift in momentum suggests that the downtrend could be coming to an end, and a bullish move might follow.
What is the Inverted Hammer?
The Inverted Hammer is another single-candle bullish pattern that also appears after a downtrend. It has a small body near the lower end of the candle, a long upper shadow, and little to no lower shadow. This pattern shows that buyers attempted to push the price higher, but sellers managed to bring it back down before the close. Despite the failure to hold higher levels, the buying pressure indicates a possible reversal in momentum. Traders usually look for confirmation in the next candle, such as a strong bullish candle, before acting on the signal.
What is the Dragonfly Doji?
The Dragonfly Doji is a special type of candlestick that often indicates a potential bullish reversal when it appears at the bottom of a downtrend. It forms when the open, high, and close prices are all roughly the same, and there is a long lower shadow. This pattern shows that sellers dominated early in the session, pushing prices significantly lower, but buyers regained control and drove the price back up by the end of the session. The strong recovery within a single period suggests that the selling pressure may be exhausted and a bullish reversal could be imminent.
What is the Bullish Engulfing?
The Bullish Engulfing pattern consists of two candles and is a strong indication of a reversal. The first candle is bearish, and the second is a larger bullish candle that completely engulfs the body of the first one. This pattern appears after a downtrend and reflects a shift in control from sellers to buyers. The bullish candle’s large body shows strong buying interest that overpowers the previous session’s selling. A Bullish Engulfing pattern is even more significant if it occurs near a key support level, and it often signals the beginning of a potential upward move.
What is the Morning Star?
The Morning Star is a three-candle bullish reversal pattern that occurs after a downtrend. The first candle is a long bearish one, followed by a small-bodied candle (which can be bullish, bearish, or a doji), indicating indecision in the market. The third candle is a strong bullish candle that closes well into the body of the first candle. This formation shows a transition from selling pressure to buying interest. The Morning Star is a reliable signal of a shift in momentum, especially when confirmed by high volume or a breakout from a resistance level.
What is the Three White Soldiers?
The Three White Soldiers pattern is a powerful bullish reversal signal made up of three consecutive long-bodied bullish candles. Each candle opens within the previous candle’s real body and closes near or at its high, showing consistent buying pressure. This pattern often appears after a prolonged downtrend or a period of consolidation and reflects strong and sustained buying interest. The Three White Soldiers suggest that buyers are firmly in control, and the market may continue moving upward in the near term.
How to use bullish candlestick patterns in trading?
To effectively use bullish candlestick patterns in trading, it’s important not to rely on them in isolation. While these patterns can signal potential reversals, they work best when combined with other technical tools such as support and resistance levels, moving averages, trendlines, and volume analysis. Traders should also wait for confirmation after the pattern forms, such as a strong follow-through candle or a break above a resistance level, before entering a trade. Risk management is crucial—always use stop-loss orders to protect against false signals, and consider the broader market trend to increase the probability of success. By integrating candlestick analysis into a comprehensive trading strategy, traders can improve their timing and increase their chances of making profitable decisions.
Thanks for your support. If you enjoyed this analysis, make sure to follow me so you don't miss the next one. And if you found it helpful, feel free to drop a like 👍 and leave a comment 💬, I’d love to hear your thoughts!
EURUSDHello Traders! 👋
What are your thoughts on EURUSD?
After last week's sharp decline, EUR/USD rebounded slightly on Friday, initiating a corrective move to the upside.
We anticipate this retracement to extend over the next few days, likely reaching the broken trendline and former support zone, which now acts as resistance.
As long as the pair remains below this resistance area, the bearish outlook remains valid.
Once the pullback is complete, we expect renewed downside pressure toward the next support levels.
💬 Is this just a corrective move before another leg down? Let us know your thoughts below! 👇
Don’t forget to like and share your thoughts in the comments! ❤️
GOLD DAILY CHART ROUTE MAPHey Everyone,
Daily Chart Update – Another Clean Rejection: Structure Still Dominates
Following up on the recent price action last week after hitting the 3433 resistance level, we got exactly what the chart warned us about.
There was no confirmed break above 3433, which led to a clean rejection right back into 3272. Interestingly, the move aligned perfectly with the channel half-line, giving us another bounce right off that zone.
We remain in the same structured range, with price still rotating between 3262 and 3433, a 170+ pip zone that continues to deliver high probability trade setups.
Here’s where we are now:
🔹 Range Still Active
Price is respecting the 3272–3433 boundaries with precision. Until we get a decisive break and hold outside this range, range bound strategies remain in play.
🔹 No Breakout = Clean Rejection
The failure to sustain above 3433 confirms resistance is still valid. We're watching EMA5 for potential breakout confirmation, until then, the bias stays neutral within the range.
🔹 Channel Half-line Bounce
That rejection into 3272 also matched the channel half-line and the bounce there further cements this area as critical support.
Updated Key Levels
📉 Support – 3272
Still the major pivot. Buy zones remain valid here unless we see a confirmed breakdown.
📈 Resistance – 3433
Now clearly tested and rejected again. Any clean break and hold above could change the dynamic, but until then, it's solid resistance.
Thanks as always for your support.
Mr Gold
GoldViewFX
GOLD WEEKLY CHART MID/LONG TERM ROUTE MAPHey Everyone,
Weekly Chart Update – Another Clean Rejection + Bounce: Range Still in Play
Just a quick follow up on the ongoing weekly structure. We continue to see incredible respect for levels, with price action playing out exactly as mapped.
After the initial rejection at 3387, we got another test of support at 3281, and once again, the level held perfectly, delivering a clean rejection and bounce. Price is now rotating back upward, currently heading toward 3387, which remains the upside magnet and still open for a retest.
We remain firmly inside the 3281–3387 range, and as long as neither boundary breaks with confirmation, the structure remains our dominant guide.
Updated Structural Notes:
🔹 3281 Rejected Again
Support doing its job to the pip. This latest bounce further reinforces the strength of this level within the weekly channel.
🔹 Back Toward 3387
With 3281 holding once more, price is now tracking toward the 3387 resistance zone, which remains the key level to break for further upside continuation.
🔹 Channel Structure Unchanged
No breakdown below support, no confirmed breakout above resistance. The rising channel remains fully respected, and EMA5 still leans constructive.
Updated Levels to Watch:
📉 Support – 3281
Key weekly pivot tested and held again. Continues to offer solid dip buy opportunities unless decisively broken.
📈 Resistance – 3387
Still our major resistance. It’s been tested and rejected, but remains open for another challenge.
📈 Resistance 2 – 3482
Unfilled gap and broader weekly target. Only comes into focus if we get a proper breakout and hold above 3387.
Plan:
We stay range focused between 3281 and 3387 until proven otherwise. No breakout = no change. Watch for signs of momentum as we approach the top again a confirmed close above could shift the game toward 3482. Until then, structure is king.
Appreciate all the continued support.
Mr Gold
GoldViewFX
GOLD 4H CHART ROUTE MAP UPDATE & TRADING PLAN FOR THE WEEKHey Everyone,
Please see our updated 4h chart levels and targets for the coming week.
We are seeing price play between two weighted levels with a gap above at 3371 and a gap below at 3293. We will need to see ema5 cross and lock on either weighted level to determine the next range.
We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next range.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.
We will continue to buy dips using our support levels taking 20 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
The swing range give bigger bounces then our weighted levels that's the difference between weighted levels and swing ranges.
BULLISH TARGET
3371
EMA5 CROSS AND LOCK ABOVE 3371 WILL OPEN THE FOLLOWING BULLISH TARGETS
3424
EMA5 CROSS AND LOCK ABOVE 3424 WILL OPEN THE FOLLOWING BULLISH TARGET
3499
EMA5 CROSS AND LOCK ABOVE 3499 WILL OPEN THE FOLLOWING BULLISH TARGET
3561
BEARISH TARGETS
3293
EMA5 CROSS AND LOCK BELOW 3293 WILL OPEN THE SWING RANGE
3236
3171
EMA5 CROSS AND LOCK BELOW 3171 WILL OPEN THE SECONDARY SWING RANGE
3089
3001
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
EURUSD: Eu Looking to Make Gains Vs Weakened USDWelcome back to the Weekly Forex Forecast for the week of Aug 4 - 8th.
In this video, we will analyze the following FX market:
EURUSD
The USD pushed higher on keeping it's interest rate unchanged, but gave back those gains on weak job numbers. This allowed the EU to recover some of the previous weeks losses and show some resiliency.
Now analyst are betting there is a 66% chance for rate cuts in Sept by the Fed. This is negative for the USD, allowing the EURO to move higher.
It is worth mentioning, the EU inked a highly criticized tariff deal with the US, which was not at all positive for the currency.
The market is at a pivotal area that could go either way. Wait for a definitive break of structure before committing to a bias.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
BTC Breaks Down: Retest Could Lead to More LossesHello guys!
Bitcoin has officially broken below the descending channel it was stuck in for weeks. Right now, price is pulling back to retest the broken channel, which is now acting as resistance around the 114,700 zone.
What I'm watching:
Broken channel = bearish signal
Retest zone around 114,700
Downside target near 110,400
So far, it looks like a clean setup for further downside, unless bulls manage to reclaim that broken trendline. Until then, the pressure remains to the downside.
Let’s see how price reacts here... Rejection = short opportunity.
AUDUSD: Bearish Continuation from broken supportThe current setup is a clean example of a trend continuation play. Price recently broke decisively below a structure zone, this break and retest now flips the narrative, what once was a buy zone is now an opportunity for short entries.
Following the aggressive move down, price now began pulling back into that broken zone. The move appears corrective rather than impulsive, characterized by a slower, more rounded structure typical of pullback leg. This is classic behavior in continuation setups: fast drop, slow retrace, and then potential for the next leg lower.
The projected move targets a retest of the swing low at 0.63800. That level is significant, it's a level where prior demand reacted strongly and now it serves as the next probable magnet for price.
What makes this continuation trade high probability is the sharpness of the prior bearish impulse as it signals intent. The market seems to be in a controlled bearish sequence, where sellers dominate momentum and retracements offer fresh entries for trend followers.
The structure and zone alignment all point in the same direction continuation lower, not reversal.
Let me know in the comments what you think
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
GOLD → The rally following weak NFP data may continueFX:XAUUSD is moving into distribution (rally) on the back of unexpected NFP data released on Friday. The dollar is plummeting...
Fundamentally, the gold market is getting support from an influx of funds after the unexpectedly weak NFP report. Against this backdrop, Trump said that the employment data had been “rigged” to make him look bad...
I believe that the situation is somewhat different: the president's administration failed to control this moment, hoping to see positive dynamics. Powell now has a small trump card to control his actions. The reduction in interest rates will most likely be postponed until the fall.
Technically, on D1, gold is rebounding from the support of the global trading range, forming a local bullish trend that coincides with the global one.
Resistance levels: 3362.8, 3383, 3433
Support levels: 3345, 3334
Gold is exiting the local downward channel, breaking through resistance at 3334 and 3345. Consolidation is forming, and by the end of the session, the price will break through resistance at 3354.75. The market is quite strong. Focus on two levels: 3362.8 and 3354.7. At the opening of the session, the price may attempt to break through the resistance level of 3362.8. If gold consolidates above this level, growth may continue. If not, then before further growth, the market may test the support level...
Best regards, R. Linda!
BITCOIN → From consolidation to distribution. Market weaknessBINANCE:BTCUSDT.P is moving from consolidation to a correction phase. The price broke through the support zone of 114.5–115.5, closing within the Friday trading session in the sell zone...
Previous idea from July 22: BITCOIN → Consolidation and compression to 116K. Correction?
The fundamental background is shifting to neutral, the hype has temporarily ended, and there are no bullish drivers yet. And for the health of the market, a correction is needed. Bitcoin is breaking the neutral consolidation structure. The previous trading session closed below the support range, which generally indicates market weakness. Despite the global bullish trend, Bitcoin is moving from consolidation to a correction phase, with 112K - 110.5K serving as points of interest in this case. Before the fall, liquidity may be captured in the 114K - 114.800 zone.
Resistance levels: 114.05, 114.85, 115.67
Support levels: 112.03, 110.48
After a strong movement, the market may enter a correction or local consolidation, during which it may test the specified resistance zones before continuing its downward movement to the zone of interest and liquidity at 112 - 110.5.
Best regards, R. Linda!
SOL/USDT | SOL Drops 25% – Approaching Key Buy Zone at $136–$148By analyzing the Solana chart on the daily timeframe, we can see that, like the rest of the market, it's undergoing a correction — dropping over 25% from the $206 area so far. Solana is now approaching a highly attractive buy zone between $136–$148, so be sure to closely monitor the price reaction in this range. Bullish targets will be announced soon — stay tuned!
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
TradeCityPro | Bitcoin Daily Analysis #142👋 Welcome to TradeCity Pro!
Let's get into the Bitcoin analysis. Yesterday, Bitcoin continued its correction and we need to see what is going to happen in the market today.
📅 Daily Timeframe
First, let’s take a look at the higher timeframe. On the daily chart, that curved upward trendline we had was broken by yesterday's candle, and the breakout candle had high volume.
✔️ For now, I don’t consider this trendline as broken and I’m waiting to get confirmation of the break.
🔍 Currently, the price is in a correction phase, and this correction is quite natural since the price had very low volatility for a long time and was stuck below the 120000 zone.
💥 But no trend reversal has occurred yet. In my opinion, as long as the price is above the 110000 zone, the trend is bullish, and I will consider the trend reversal confirmed only if a lower high and a lower low below 110000 are formed.
⏳ 4-Hour Timeframe
Yesterday, the corrective movement of the price continued, and after a pause at the 0.5 Fibonacci level, another bearish leg formed down to the 0.618 zone.
🔔 The RSI oscillator also entered the oversold area and then exited it again. I believe there’s a high possibility that until the end of the week, Bitcoin will range in these areas and the probability of a bullish or bearish move is much lower.
🔽 However, if the 0.618 Fibonacci level breaks, the price can move to lower areas like the 111000 zone. I think the likelihood of this happening in the future is high because that zone is a strong PRZ, and at the same time, it counts as a pullback to the 110000 zone.
📈 In the bullish scenario, if the price is supported from this area and starts to move upward, since we currently have no highs below the 116000 zone, we need to wait until the first bullish leg is formed and then enter on the second leg after the new high is broken.
⚡️ For now, I’m not opening any short or long positions. I prefer the price to form more structure so I can make a more comfortable decision.
❌ Disclaimer ❌
Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel.
Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
GBPJPY: Strong Bullish Reversal from Demand ZoneGBPJPY has bounced sharply from a key demand zone, indicating renewed bullish momentum. The pair continues to follow the broader bullish bias in GBP crosses, with JPY weakness driven by the Bank of Japan's dovish policy stance.
Technical Analysis (4H Chart)
Pattern: Bullish rejection from the 195.30–195.50 demand zone.
Current Level: 195.58, rebounding from strong support, setting up for a potential upward leg.
Key Support Levels:
195.34 – immediate demand zone and critical support.
194.90 – deeper backup support if a pullback occurs.
Resistance Levels:
197.31 – near-term resistance and first upside target.
199.72 – extended target if bullish continuation strengthens.
Projection: As long as 195.34 holds, GBP/JPY could push toward 197.31, with potential for 199.72 if GBP strength persists.
Fundamental Analysis
Bias: Bullish.
Key Fundamentals:
GBP: Supported by the BOE’s cautious but tight stance due to persistent inflation pressures.
JPY: Remains fundamentally weak, with the BoJ avoiding major policy tightening while intervention threats only provide short-term support.
Risk Sentiment: Mild risk-on conditions favor GBP over safe-haven JPY.
Risks:
BoJ FX intervention could temporarily strengthen JPY.
A dovish BOE shift could slow GBP momentum.
Key Events:
BOE policy updates and UK CPI.
BoJ commentary and risk sentiment indicators.
Leader/Lagger Dynamics
GBP/JPY is a leader among JPY pairs due to GBP’s volatility and strength. It often outpaces EUR/JPY and CHF/JPY, making it a key pair for JPY sentiment shifts.
Summary: Bias and Watchpoints
GBP/JPY is bullish, with price rebounding from the 195.34 demand zone. Upside targets are 197.31 and 199.72. Watch for BOE communication, BoJ intervention signals, and global risk sentiment for confirmation of the move.
Yoga Pants, Tariffs, and Upside: The $LULU BetLululemon NASDAQ:LULU - My Investment Thesis 👖
Hey team,
I've been keeping an eye on NASDAQ:LULU for a while, and I'm finally going to pull the trigger.
In this market of overhyped MAG 7 stocks, Lululemon dropped 62% since its high in Dec. 2023 until now.
Here's why I'm into LULU:
Revenue has been growing every year for 5 years. Still, the stock is at its lowest in 5 years.
Growth has been slower in the US but good in Asia.
Net income has also been growing over the last 3 years.
P/E ratio is at 13, the lowest in many years.
Stock is also beat up because of the tariffs.
Analysts at Morningstar put its fair value at $305 (now $193, giving it an upside of 58%).
Product Innovation: New franchises like Daydrift, Shake It Out, and Align No Line have been well-received and will continue to drive sales.
Lululemon recently announced an expansion into India for 2026, with plans to open a physical store and a partnership with Tata CLiQ, the e-commerce arm of India’s largest business conglomerate, Tata Group. India can be a huge market for Lulu.
There's also intense competition and margin erosion.
Saying this, I kinda see people around me less excited about Lululemon products.
Technical Analysis:
My EVaR - Entropic Value at Risk - is in a low risk area.
RSI is oversold.
Price has been under the 200 MA for too long.
I'm going to proceed with caution on this one, and allocate approximately. 0.5% of my portfolio into it.
Quick note: I'm just sharing my journey - not financial advice! 😊
Bitcoin - 50% crash is starting! (2017 trendline, huge warning)Bitcoin is in the final stage of the bullish cycle, and we want to look for the best price to sell and prepare for the 2025/2026 bear market! The best price to sell Bitcoin is at the 1.618 FIB extension or at the main long-term 2017-2021-2025 trendline. This is exactly at 122,069, as we can see on the chart. And 2 weeks ago, Bitcoin hit both the Fibonacci level and trendline! So this is a strong sell signal.
Buying Bitcoin at the tipity top of a bullish cycle is not the best idea, because we will see 60,000 USD per Bitcoin in 2026! From the Elliott Wave perspective, there is probably only 1 high-probability scenario, and it's this ending diagonal pattern (rising wedge). I think we will see a final 2 waves on Bitcoin to form an ending diagonal wedge pattern (1-2-3-4-5). Bitcoin just finished wave 5 and is starting a brand new corrective pattern.
But you can be more conservative and wait for more confirmations, such as a break of the 50-week moving average. Waiting for such confirmations in general gives us a higher chance of success but a lower risk-to-reward ratio; in other words, you can't catch the top. I always recommend using simple moving averages with 20, 50, 100, and 200 periods because this is what the big players are using as well. These MAs are very popular among giant institutions, banks, and investors.
What's more, Bitcoin seasonality is telling us that August and September are the most bearish months for Bitcoin statistically. So you probably want to sell before a sell-off kicks in.
Write a comment with your altcoin + hit the like button, and I will make an analysis for you in response. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!
$XRP ENJOYERRRs see ya at $1.04-$1.20If we look at the chart of XRP, you can see that since the move in fall of 2024, we've had a massive lack of balance on the chart.
We ran up quickly without testing any levels as support.
That makes me think we're going to see the lack of balance get corrected and the same move is now going to happen in the opposite direction.
The $1.04-1.20 region looks like a good area of support to me.
ADA | Full AnalysisHere is the top-down analysis for CRYPTOCAP:ADA as requested 🫡
Weekly Timeframe:
We have one large potential sequence on the weekly chart that will be activated once we break the ATH at $3.1, with a target zone around $5.2. This is also my conservative target for this bull run, assuming we get the “altseason” everyone is hoping for.
We’ve also already completed a smaller sequence on the weekly chart and then corrected into the overall correction level.
If we break the November high at $1.3, we will also activate a new structure that could take us close to the ATH.
Daily Chart:
On the daily chart, we were rejected at the bearish reversal area (green) and corrected down into the B–C correction level, followed by a continuation into the target zone.
According to the rulebook, I expect a bounce from these regions and have positioned myself accordingly with 4 long orders — one at each level.
Local price action:
On the 4H chart, we have a bearish sequence that is counter to the primary scenario. Statistically, it’s less likely to play out, but it’s still worth noting.
The bearish reversal area (blue) is the next key level to watch if we get a bounce here.
If this area is broken, the follow-up move becomes very likely.
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Thats the my full Analysis for CRYPTOCAP:ADA , hope it was helpful if you want me to do another analysis for any other pair just comment down below.
Also, if anyone is interested in how my trading system works, let me know and I’ll post some educational content about it.
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