PI in Full Bear Control as Aroon Down Hits 100%PI continues to flash warning signs as technical indicators lean heavily bearish. Most notably, the Aroon Down Line on the daily chart has surged to a reading of 100%.
For context, the Aroon indicator is designed to identify the strength and duration of a trend, and when the Down Line reaches the 100% mark, it typically signals that a recent low was recorded very recently — often within the past day or two.
This kind of reading reflects an aggressive downtrend, where bearish momentum dominates and sellers are in full control.
Community ideas
GOLD BUYGold maintains its daily gains around $3,300
After retreating markedly on Wednesday, Gold rebounds moderately and remains positive at about $3,300 per troy ounce on Thursday. The precious metal’s rebound comes in response to the daily retracement in US yields across the curve and the so far irresolute price action in the Greenback
The US Federal Reserve kept its benchmark interest rate unchanged for the fifth consecutive meeting, in a range of 4.25% to 4.5%, despite intense pressure from US President Donald Trump and his allies to lower borrowing costs. The decision, however, met opposition from Fed Governors Michelle Bowman and Christopher Waller. This was the first time since 1993 that two governors had dissented on a rate decision.
In the accompanying monetary policy statement, the committee had a more optimistic view and noted that the economy continued to expand at a solid pace. Adding to this, Fed Chair Jerome Powell said during the post-meeting press conference that the central bank had made no decisions about whether to cut rates in September. This comes on top of the upbeat US macro data, and lifted the US Dollar to a two-month high.
Automatic Data Processing reported that private payrolls in the US rose by 104,000 jobs in July, following a revised 23,000 fall recorded in the previous month. Adding to this, the Advance US Gross Domestic Product (GDP) report published by the US Commerce Department showed that the economy expanded at a 3.0% annualized pace during the second quarter after contracting by 0.5% in the previous quarter
SUPPORT 3,346
SUPPORT 3,328
SUPPORT 3,309
RESISTANCE 3,283
RESISTANCE 3,273
ETH/USDT | ETH Under Pressure – Watch $3500 Support!By analyzing the Ethereum chart on the weekly timeframe, we can see that after reaching the $3940 zone, ETH faced selling pressure and is now trading around $3540. If the price fails to hold the key $3500 support, a deeper decline is likely, with potential targets at $3040 first and possibly $2680 as the second bearish target.
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
Smart Money Knows: ETH Is Gearing for a Supercycle...Hello Traders 🐺
In this idea, I wanna break down why $15K ETH isn't just a fantasy — it's a real, reachable target. So stay with me 'til the end, because this is just the beginning for Ethereum and the altcoin market.
If you’ve been following my ideas over the past year, you know I’ve been loudly calling for an incoming altseason — especially since ETH hit $1700. I kept saying: “Load up on ETH while you can,” because smart money was clearly rotating into it.
And now? We’re seeing the result.
Since then, Ethereum has nearly 2x’d, and ETH ETFs are pulling in massive inflows — but the price hasn’t exploded yet. Why? Let’s look closer.
Over the past 90 days, ETH has rallied around +180%, but in a quiet, steady climb — which is actually bullish. A strong move with low hype = accumulation. That’s how smart money moves.
📊 Monthly Chart Breakdown:
ETH is moving inside a perfect ascending channel, with clean touches on both support and resistance. Right now, price is forming a bullish flag pattern at the upper range — a classic continuation structure.
Volume has dropped during this flag, which is a textbook sign of accumulation. Add to that: RSI is sloping downward, signaling that large players are shaking out weak hands while loading up quietly.
So yes — ETH has already done +180% during this consolidation phase, which tells us something big is brewing.
🔁 The current pullback on the daily? In my opinion, it’s just a technical reaction to the flag resistance. RSI is also trying to break above its own trendline. If both confirm, the next wave begins.
🎯 Targets?
First target: All-Time High around $4870.
After that? There's nothing but air until we hit the top of the monthly channel near $15,000.
That breakout above ATH is where the real FOMO begins — not just for ETH, but for the entire altcoin market.
Let’s not miss what’s coming.
And as always, remember our golden rule:
🐺 Discipline is rarely enjoyable, but almost always profitable. 🐺
🐺 KIU_COIN 🐺
BTCUSDT: Trend in daily time frameThe color levels are very accurate levels of support and resistance in different time frames.
A strong move requires a correction to major support and we have to wait for their reaction in these areas.
So, Please pay special attention to the very accurate trend, colored levels, and you must know that SETUP is very sensitive.
BEST,
MT
OEX /SPX Bullish wave 5 pattern crossroads The chart posted is the sp 100 I am posting it as we are now at the crossroad for bull or bear count .We have rallied to .786 as I will show and have a wave a x 1.27 = c at the .786 High But if we break above 5922 in the Cash SP 500 There is NOTHING to stop it from reaching a target of 3005 in the OEX where wave A up or wave 1 x 1.618 = wave C Top or wave 3 in the SP 500 WAVE A or WAVE 1 up 5481 - 4835 = 646 x 1.618 =1045 plus wave B low or wave 2 5102low= 5102plus 1045 =6147.22 The exact high . This is the reason I took the loss and moved LONG .Best of trades WAVETIMER
GTLB | Triple Bottom ReversalGitLab (GTLB) is setting up for a potential trend reversal following a textbook triple bottom pattern and a clean breakout above the cloud. Here's the technical breakdown:
Why This Setup Matters
Triple Bottom Pattern: Reversal structure is clear with three defined lows at ~$38, ~$40, and ~$41. The most recent leg up confirms buyers defending that zone.
Ichimoku Cloud: Price has broken above the Kumo with bullish Tenkan-Kijun cross. The leading span A is pointing up, and the cloud ahead is flat and thin — ideal conditions for continuation.
MACD Momentum: Histogram flipped positive again with green signal line crossover — a momentum shift from accumulation to breakout phase.
Trade Parameters
Entry: $46.53
Stop: $43.63 (below Tenkan and the neckline zone)
Target: $53.33
Risk:Reward Ratio: 2.34
Projected Move: +14.59%
Additional Confluence
Daily closes above cloud show growing strength from buyers.
Each bottom was followed by increasing MACD strength — a bullish divergence over time.
Pivot zone at R1 ($53.49) aligns with the price target, adding structure to the exit plan.
Risk Notes
Failure to hold $46 with volume could invalidate the breakout — watch for a retest.
If price closes below Tenkan, reevaluate the setup for weakness.
Volume confirmation needed on the next daily candle for strong conviction.
This is a technical breakout aligned with pattern recognition and trend metrics. Ideal for swing setups with controlled downside.
EUR_USD POTENTIAL SHORT|
✅EUR_USD has been growing recently
And the pair seems locally overbought
So as the pair is approaching
A horizontal resistance of 1.1632
Price decline is to be expected
SHORT🔥
✅Like and subscribe to never miss a new idea!✅
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Dow Jones Triple Top & Critical Trendline Break - Buy The Dip?Potential Tripple Top formation spotted on the Dow. This would represent a full fibonacci retracement, which leads me to believe a 38.2 retest is likely. If this 23.6 level can hold support and price does not close below the fib band (orange channel), then the bullish continuation to new all time highs can still happen in Q3/Q4 of this year. The clear trendline break dating back to April is very concerning (white line), leading me to believe more downside in the coming weeks.
Let me know what you think in the comments!
Thanks
Gold next prediction Aug 4 onwardsAs you can see in this chart gold was moving in a downtrend channel and after a big breakout in Non-Farm Gold moves to 3362 so now it will make a new Bullish channel in which first hurdle will be 3374-3380 and then can retrace till 3H and 4H chock point and then can continue to bullish side overall move can be done upto 3452-3460 which is last resistance of the market as my analysis this can be plan A.I will update about Plan B in my next analysis.
AAPL BUY 1st target $223AAPL is forming a wedge and been lagging for 2 years. I was expecting $182 but we never saw that level, after weeks of $200 range consolidation it's clear this is basing, first target of resistance is $223 then we could be off to the races. I would expect to see this as soon as next week provided #donthecon can stop bullying American companies long enough to focus on important things
USD/JPY Bearish Setup - Breakout from Ascending ChannelUSD/JPY Bearish Setup – Breakout from Ascending Channel
Price action on USD/JPY has broken down from an ascending channel, signaling potential bearish momentum ahead. The breakdown suggests a possible continuation toward lower support levels.
1st Support Level: 144.800 – 144.200
2nd Support Level: 143.000 – 142.400
Watch for price consolidation or retests at the 1st support level. A clean break below this zone could open the path toward the 2nd support level.
Key Notes:
Bearish volume increase post-breakout
Ichimoku cloud starting to thin, showing weakening bullish momentum
Structure favors selling rallies below the channel
📉 Bias: Bearish
💡 Plan: Wait for confirmation on lower timeframes before entering short positions
SEI/USDT at a Critical Level Golden Pocket Reaction Will Define?🔍 Technical Analysis:
1. Market Structure:
SEI/USDT is in a recovery phase after a significant downtrend.
Price is currently testing a crucial area between the Fibonacci retracement levels of 0.5 (0.2778) and 0.618 (0.2515) — known as the Golden Pocket Zone.
2. Key Support & Resistance Levels:
Strong support lies within the highlighted yellow zone (0.2515 – 0.2778), a historical support-resistance flip level.
Key resistance levels to watch:
🔸 0.3521
🔸 0.4715
🔸 0.5936
🔸 0.7025
🔸 0.9407
🔸 1.1361
---
📈 Bullish Scenario:
If price holds above the golden pocket:
A strong rebound is likely, forming a higher low structure.
Bullish confirmation occurs if price breaks and closes above 0.3521 with strong volume.
Upside targets: 0.4715 → 0.5936 → 0.7025 in sequence.
🔹 Additional Confirmation: Bullish reversal patterns (e.g., bullish engulfing or pinbar) around 0.25–0.28 would strengthen the bullish outlook.
---
📉 Bearish Scenario:
If the price breaks below the 0.2515 level:
It could trigger a deeper move toward 0.22 – 0.18 support area.
Further breakdown may bring price below the psychological level of 0.15.
🔻 Bearish confirmation if the price gets rejected from the 0.30–0.35 region with strong bearish candles.
---
📊 Pattern Insight:
Potential Double Bottom formation near the golden pocket zone.
A break above the 0.3521 neckline would validate this bullish reversal pattern.
---
🔖 Conclusion:
This zone (0.25–0.28) is a make-or-break area for SEI. A strong reaction from this golden pocket will determine whether SEI is ready to rally further or fall to new lows.
#SEI #SEIUSDT #CryptoAnalysis #AltcoinUpdate #TechnicalAnalysis #Fibonacci #SupportResistance #GoldenPocket #CryptoTrading #SEIpriceprediction
Potential Roadmap for BTC/USD In the next 30-40 daysVolatility incoming. It seems like BTC/USD is heading down to sweep some liquidity range at around 107-110,000.
However, market will recover after that, we are still in the "buy the dip" scenario.
End of August, I can personally still bet that BTC will sit higher than the current level
Elliott Wave Analysis Points to Gold (XAUUSD) Support Near 3320Gold (XAUUSD) appears poised for a double correction from its 16 June 2025 high. A double three consists of two corrective patterns, typically zigzags. From the June peak, wave (W) concluded at 3246.55, and wave (X) rallied to 3438.58, as shown on the 1-hour chart. Wave (Y) is now unfolding lower with internal subdivision as a zigzag. From wave (X), wave ((i)) ended at 3351.17, and wave ((ii)) peaked at 3377.45. Wave ((iii)) declined to 3324.80, followed by a wave ((iv)) rally to 3340.34. The final wave ((v)) completed at 3311.62, forming wave A in a higher degree. A corrective wave B rally reached 3345.35 before gold resumed its downward move.
Within wave C, wave ((i)) finished at 3301.47, and wave ((ii)) rallied to 3334.08. Wave ((iii)) dropped to 3267.94, with wave ((iv)) ending at 3314.85. Gold should continue lower in wave ((v)) to complete wave C. The potential target lies within the 100%–161.8% Fibonacci extension from the 16 June high. This projects a support zone between 3104 and 3230, where a three-wave rally is anticipated. Traders should monitor this area for potential reversal signals, as it may offer support for a corrective bounce.
127-128k incoming ( altcoins round ? )Hi, Bitcoin seems to have completed its short term Elliott wave 4 correction and the price action analysis also confirms that this time Bitcoin will be able to break the 120-119 resistance, I predict Bitcoin to make a new high around 127-128. Altcoins have not grown that much yet and if the price can make a reliable consolidation above 120k, altcoins will start to rise.
Tesla - The all time high breakout!🚗Tesla ( NASDAQ:TSLA ) will break out soon:
🔎Analysis summary:
For the past five years Tesla has overall been consolidating between support and resistance. But following the recent bullish break and retest, bulls are slowly taking over control. It is actually quite likely that Tesla will soon break above the previous all time highs.
📝Levels to watch:
$400
🙏🏻#LONGTERMVISION
SwingTraderPhil