continue downtrend , GOLD⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) holds steady above the key $3,000 level for the second consecutive day on Wednesday, though it struggles to reclaim the previous session’s peak. Ongoing uncertainty surrounding US President Donald Trump’s proposed reciprocal tariffs set for next week continues to bolster demand for the safe-haven metal. At the same time, the US Dollar (USD) remains under pressure following Tuesday’s weaker-than-expected macroeconomic data, providing additional support for gold’s upward momentum.
⭐️Personal comments NOVA:
Gold price continues to decrease, around 2990 - 3000
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $3039 - $3041 SL $3046
TP1: $3030
TP2: $3020
TP3: $3010
🔥BUY GOLD zone: $2992 - $2990 SL $2985
TP1: $3000
TP2: $3008
TP3: $3018
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order.
⭐️NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
Shortsetup
#ARCUSDT is showing signs of reversal📉 Short BYBIT:ARCUSDT.P from $0.06780
🛡 Stop loss $0.07117
🕒 1H Timeframe
⚡️ Overview:
➡️ The main POC (Point of Control) is at 0.05873, indicating the area with the highest trading volume.
➡️ The 0.07117 level acts as strong resistance where the price previously reversed.
➡️ The chart shows a potential topping structure followed by a decline.
➡️ Volume concentration between $0.065 and $0.06210 suggests key zones for potential profit-taking.
🎯 TP Targets:
💎 TP 1: $0.06510
💎 TP 2: $0.06210
💎 TP 3: $0.06050
📢 Watch the key levels and enter after confirmation!
📢 The price has already started to move down — downside momentum remains strong.
📢 The TP levels are near a previous consolidation zone, allowing quick target execution.
BYBIT:ARCUSDT.P is showing signs of reversal — considering shorts with clear downside targets!
BTCUSD 1H | POI Reaction Setup After Sweep – Short Flow by CelesBTC tapped into a clean POI zone after sweeping highs.
A market structure shift (MSS) formed, showing early signs of bearish intent.
Price is now reacting from the zone, and we’ve mapped the clean flow toward the 2H demand base.
Invalidation is clearly marked — a clean break above 88,005 would flip the bias.
Precise POI, projection, and target laid out.
— CelestiaPips
Gold declines, accumulate and wait for April news⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) continues its pullback, slipping toward $3,025 in early Asian trading on Monday. The metal retreats from Thursday’s record high, driven by renewed optimism over a potential Ukraine peace deal. However, expectations of Federal Reserve (Fed) rate cuts and lingering economic uncertainties could provide support, limiting further downside for the yellow metal.
⭐️Personal comments NOVA:
Gold is under pressure to sell and take profits in the short term. There is still a lot of liquidity in the 3000 price zone. The price will continue to accumulate around $3000.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $3031 - $3033 SL $3038
TP1: $3020
TP2: $3010
TP3: $3000
🔥BUY GOLD zone: $2991 - $2993 SL $2986
TP1: $3000
TP2: $3008
TP3: $3017
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order.
⭐️NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
Silver (XAG/USD) – Rising Wedge Breakdown & Bearish Setup📊 Overview of the Chart
This 4-hour chart of Silver (XAG/USD) provides a classic example of a Rising Wedge Breakdown, a bearish reversal pattern. The price initially followed a strong uptrend, forming a series of higher highs and higher lows, but failed to sustain momentum at the key resistance zone (~$34.00 - $34.50). This led to a breakout to the downside, which has now confirmed a shift in market sentiment from bullish to bearish.
This analysis will break down each key level, the technical indicators supporting this trade setup, and how traders can approach it effectively.
🛠️ Breakdown of the Chart Components
1️⃣ Rising Wedge Formation (Bearish Pattern Identified)
The price action created a Rising Wedge, which is a bearish pattern characterized by an uptrend where the higher highs and higher lows start converging into a narrowing range.
This shows that while buyers were pushing prices higher, their strength was gradually fading.
The breakdown of this structure signaled a loss of bullish momentum, leading to a shift in trend.
2️⃣ Resistance Level & Sell Zone Identified
The resistance level at $34.00 - $34.50 has acted as a supply zone where sellers stepped in, preventing further upside.
A bearish rejection at this zone confirms that sellers are still dominant.
3️⃣ Retest of the Broken Support (Key Confirmation)
After the breakout from the wedge, the price made a retest of the broken trendline, a classic move before further downside.
Retesting this area confirms that it is now acting as resistance rather than support, further strengthening the bearish case.
4️⃣ Trendline Breakout – Shift in Market Structure
The dashed trendline was previously supportive, but now that the price has broken below it, it has turned into a resistance level.
This shift in market structure is a strong bearish signal.
5️⃣ Key Support Levels & Target Projection
The next major support level is at $32.00, a level where price previously found demand.
The ultimate target price is around $31.18, which aligns with historical support and Fibonacci retracement levels.
📉 Trading Strategy – How to Trade This Setup?
✅ Entry Point (Short/Sell Setup)
A good shorting opportunity arises if the price retests the resistance at $33.50 - $34.00 and shows bearish confirmation (like a rejection candlestick or a bearish engulfing pattern).
📍 Stop Loss (SL) Placement
SL should be above $34.20 to avoid getting stopped out by potential fakeouts.
🎯 Take Profit (TP) Levels
TP1: $32.00 (First support level)
TP2: $31.18 (Final bearish target)
📊 Risk-Reward Ratio
Entry at $33.50 - $34.00 with SL at $34.20 and TP at $31.18 provides an excellent risk-to-reward ratio (~1:4).
📌 Market Sentiment & Conclusion
🔴 Bearish signals are dominant, suggesting further downside potential.
📉 A strong bearish move is expected if the price fails to reclaim $34.00.
🎯 Targeting $31.18 in the upcoming sessions.
📢 Final Advice: Traders should watch for confirmation before entering trades. A successful retest and rejection at $33.50 - $34.00 will be a high-probability short setup. 🚀
🔥 Follow price action and risk management principles for a successful trade! 🔥
BTC - ABC Correction to Absorb Long Liquidity Further to my previous recent post, I wanted to highlight two indicators that accurately present us with liquidity on the BTC chart.
Connecting the pieces of the puzzle of this prediction - this ABC correction pattern allows the market to absorb the Long position liquidity left in tact on the chart.
Since these long positions leave a trail of leveraged sell orders (stop losses) - we should expect a mass chain reaction of these orders setting off one into the next, with increasing speed and momentum of the drop.
We do not need a black swan event for this to occur. The orders are already in the chart to allow it to happen, as an adverse consequence to open interest and open traders positions during the last 2 years.
There is many confluences to support this correction pattern, if interested in learning more, see my previous posts on Trading View.
Enjoy!
Reminder - Bitcoin back below these trendlinesI encourage you guys to draw these trendlines on your chart and experiment by doing some exercises.
1. Draw the main two trendlines.
2. Spend time on each by duplicating it, keeping the angle the same, and moving it to different spots on the chart. Notice how Bitcoin works on this ascending diagonal support resistance structure. You’ll find that the correct trendline can be duplicated infinitely and the price respects it at any point you place it.
3. Notice that price consolidates on these ascending lines. We see breaks above or below depending on the stop losses from futures positions and liquidity that’s collected. In other words, a break above doesn’t invalidate it.
4. Notice that Bitcoin moves above and below these trendlines.
5. It’s in my opinion that THIS is the structure that explains why Bitcoin isn’t moving higher, telling me the market wants to keep price below these trendlines and take back the liquidity in these zones (look at my previous posts for liquidity maps)
Personally this is still my trade.
God bless and may you live to trade another day!
Gold price start to adjust yet?⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) face renewed selling pressure during the Asian session on Friday, retreating toward the $3,030 level in recent trading, inching closer to the previous session’s low. The US Dollar (USD) maintains its upward trajectory for the third consecutive day, prompting some profit-taking on the precious metal ahead of the weekend. However, a confluence of supportive factors is likely to keep bullion resilient, positioning it for a third consecutive week of gains.
⭐️Personal comments NOVA:
Breaking the trend, has gold price really been in the weekend price adjustment rhythm? According to NOVA, it has started. Before the tax policies in early April, the market needs a little balance in terms of liquidity on the selling side.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $3040 - $3042 SL $3047
TP1: $3030
TP2: $3020
TP3: $3010
🔥BUY GOLD zone: $3019 - $3017 SL $3014 scalping
TP1: $3023
TP2: $3030
TP3: $3040
🔥BUY GOLD zone: $3000 - $3002 SL $2995
TP1: $3010
TP2: $3020
TP3: $3030
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order.
⭐️NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
Auction - bearish divergence!Dear My Friends,
The Auction is making a very strong impression on me, as it is going against the current market trend. So, I decided to observe Auction’s chart across different timeframes. On the monthly timeframe, it didn’t give me a clear perspective, as the indicators provided conflicting conclusions.
I then switched to a smaller timeframe, the weekly chart. And everything became very clear here: a bearish divergence is very evident, and the indicators are all in agreement. As you can see, the price is still rising sharply. However, the trading volume is decreasing. The RSI indicator also shows a divergence compared to the price index.
The RSI is currently above 80. Therefore, I will place a Short order and take profits at three price levels as shown on the chart.
I hope my analysis will support my friends. Please manage your risks carefully before entering any trades.
Best Regards,
#BROCCOLIUSDT is showing bearish potential SHORT BYBIT:BROCCOLIUSDT.P from $0.04545
🛡 Stop Loss: $0.04737
🕒 Timeframe: 1H
⚡️ Overview:
➡️ BYBIT:BROCCOLIUSDT.P is showing bearish momentum on the 1-hour timeframe after a significant drop from $0.06000 to the current consolidation zone of $0.4203–$0.4885.
➡️ The price recently tested the $0.04545 level (a possible retest of a broken support, now acting as resistance), which could serve as an entry point for a short.
➡️ The volume profile on the left shows strong buyer interest at $0.0325 (POC), which acts as a key support level. However, the lack of significant buying volume at current levels suggests potential for further downside.
➡️ The price structure remains bearish: lower highs and lows are forming after the drop.
➡️ The RSI (14) indicator on the 1H timeframe is presumably around 45 (based on price action), indicating neutral momentum with room for a downward move.
🎯 Take Profit Targets:
💎 TP 1: $0.04400
💎 TP 2: $0.04290
💎 TP 3: $0.04203
⚡️Plan:
➡️ Entry: Sell below $0.04545 after the 1-hour candle closes below this level to confirm the rejection from resistance.
➡️ Stop Loss: Set at $0.04737, which provides a 7% risk from the entry point and protects against a potential breakout.
➡️ Risk/Reward Ratio: From 1:2 (for TP1) to 1:5 (for TP3), making this trade attractive from a risk management perspective.
➡️ After the drop, the price has stabilized, indicating possible consolidation or accumulation.
➡️ Resistance zone: $0.04885 (upper boundary of the current range).
Technical Indicators:
➡️ The chart shows candles in red and green, reflecting bearish and bullish movements.
➡️ After the sharp decline, the price has formed lower highs and lows, but in recent hours, there’s an attempt at recovery.
📢 A price rejection below $0.04545 with increasing selling volume increases the likelihood of reaching the targets.
📢 The $0.04400 and $0.04290 levels may act as areas for partial profit-taking, so monitor price action in these zones.
📢 Risks: If the price breaks above $0.04885, it could signal a false breakdown and a potential reversal to the upside. In this case, consider reassessing the position.
📊 The decline in BYBIT:BROCCOLIUSDT.P aligns with cautious sentiment in the crypto market.
📊 As of March 20, 2025, BYBIT:BTCUSDT.P is trading around $90,000, showing signs of consolidation, which may pressure altcoins like BYBIT:BROCCOLIUSDT.P
BYBIT:BROCCOLIUSDT.P is showing bearish potential on the 1H timeframe.
⚡️A confirmed rejection below $0.04545 is your signal to act!
BTC FOMC FLASH CRASH / LIQUIDATION IDEAThe FOMC data this week could be a conduit that sticks the price to play down these two trend lines.
We can see the mass liquidity on the chart in these low zones.
Bitcoins consistent rise since late 2022 has been leaving a train of long stop loss orders (leveraged sell orders) underneath - think of the mechanics of “why it’s possible” as a massive chain reaction of stop losses getting fired off and creating mania and hysteria for further fear based selling.
If we see drops to these low zones, I’m presenting the TA evidence of it so that we know it’s not the bottom - but a liquidation move.
The worst thing people could do is sell at massive losses thinking BTC is going to zero.
I see this move occurring and following that over the next years, a BTC pushing upwards of those $140-$200k zones.
The market is interested in reclaiming this liquidity - we are awaiting the conduit or event to justify it.
This is my personal trading plan.
Happy trading to all and be safe out there.
#AVLUSDT continues its downtrend 📉 Short BYBIT:AVLUSDT.P from $0,4060
🛡 Stop loss $0,4136
🕒 1H Timeframe
⚡️ Overview:
➡️ The main POC (Point of Control) is 0,4201
🎯 TP Targets:
💎 TP 1: $0,4015
💎 TP 2: $0,3975
💎 TP 3: $0,3945
📢 Monitor key levels before entering the trade!
BYBIT:AVLUSDT.P continues its downtrend — watching for further movement!
#MUBARAKUSDT continues its downtrend📉 Short BYBIT:MUBARAKUSDT.P from $0,14040
🛡 Stop loss $0,15196
🕒 1H Timeframe
⚡️ Overview:
➡️ The main POC (Point of Control) is Nan
🎯 TP Targets:
💎 TP 1: $0,12395
💎 TP 2: $0,10611
💎 TP 3: $0,09178
📢 Monitor key levels before entering the trade!
BYBIT:MUBARAKUSDT.P continues its downtrend — watching for further movement!
USD/CHF: Selling the Head & Shoulders BreakdownSpotted a clear H&S pattern on USD/CHF 15m chart!
Selling at 0.8826 with stop above 0.8844.
Target: First 0.8815, then possibly lower to the -0.27 Fib level.
The neckline break looks solid and we're still in the channel. Risk-reward looks good here.
What do you think? Are you bearish on USD/CHF too?
#USDCHF #Forex #TradingIdea
Bitcoin’s Battlefield: Support, Resistance and Trade SetupsBitcoin’s price has been showing signs of a sustained downtrend after forming a double top pattern. The recent action, combined with low volume and failure to breach key resistance zones, points to a likely retest of lower levels. Over the weekend, the price couldn’t break past the 85K resistance, and the low trading volume around this level suggests that buyer interest is waning.
6H TF Chart:
Big Picture vs. Short-Term Action
On a higher timeframe (6H), my indicator neatly outlines the bear market of 2022 and the bull market that started in early 2023—when the “cloud” turned green, signaling a shift in momentum. The cloud's lower boundary is currently at $73,364, which is key. Imo, holding above 70K is critical for keeping that bullish vibe alive.
1H TF Chart:
Switching over to the 1H chart, the picture shows a bearish structure. The upper resistance around 95K (which aligns with the yearly open near $93,455.85) is proving a solid resistance. The anchored VWAP from the all-time high also sits right at this level, adding more weight to the resistance. Bulls need to clear this yearly open to signal a true recovery.
Key Levels & Confluence Zones
1.) Upper Resistance – 93K to 95K:
The 95K zone aligns closely with the yearly open ($93,455.85) and the anchored VWAP from the all-time high, both acting as resistance.
Daily moving averages (62 EMA at ~$91,316 and 62 SMA at ~$94,900) provide further confluence.
Additional resistance between 85K-86K.
2.) Critical Support – 73K to 70K Zone:
The lower edge of the cloud on the 6H timeframe sits around 73K.
The 0.382 Fibonacci retracement (from the low at $15,473.78 to the all-time high at $109,354) is at $73,492, while the 0.618 retracement (from $49,217 to the all-time high) is around $72,205.
Moving Averages on Weekly Chart: The weekly 62 EMA ($72,919) and 62 SMA ($71,590) align well with this support region.
Additional Support: A bullish monthly order block at $71,320 adds another layer of confluence.
Psychological Importance: A hold above 70K is critical to maintaining bullish momentum.
3.) Monthly Open – $83,385.74:
This level serves as a pivot: price is currently hovering below it. A reclaim by bulls would be a positive sign for higher price action, while a rejection reinforces the bearish setup.
Trade Setups
Long Trade Setup:
Entry: Consider laddering in between 75K and 70K as the price retests support.
Take Profit: Aim for the monthly open (~84K) initially, and if support holds and flips, a move toward 90K could be considered.
Stop Loss: Set below 70K to protect against a further downturn.
Short Trade Setup:
Entry: A short setup can start at the monthly open, using a laddering approach between 84K and about 86.9K.
Take Profit: Target the previous low or 74K.
Stop Loss: Place just above 87K to keep risk in check.
Thank you for taking the time to read through this technical analysis. I hope it provides valuable insights for your trading decisions. Happy trading!
USDJPY Setup: SHORT on 200 EMA Rejection📉 Best Risk/Reward Setup: SHORT on 200 EMA Rejection
🔻 Entry: Sell in the 148.50 - 148.80 zone after rejecting the 200 EMA (⚪)
🎯 Take-Profit (TP1): 146.50 (RRR: 5:1)
🎯 Take-Profit (TP2): 145.00 (RRR: 9:1)
🛑 Stop-Loss (SL): 149.20
📊 Market Overview & Bias
🟥 Bearish Outlook (Macro Trend - Daily & 4H)
✅ USD/JPY remains in a clear downtrend, trading below the 200 EMA (⚪).
✅ Price has consistently rejected the 100 EMA (🟡) as resistance.
✅ Lower highs and lower lows are forming on the daily & 4H charts.
✅ If 146.50 breaks, next downside targets are 145.00 and 143.50.
🟩 Short-Term Bullish Retracement (1H & 30M)
🔹 USD/JPY has found temporary support at 146.50.
🔹 RSI shows bullish divergence, suggesting a possible short-term bounce.
🔹 If price breaks 148.00, we could see a move toward 149.00 – but this remains a counter-trend move within a larger downtrend.
📉 Why This Trade?
🔻 Major resistance at the 200 EMA (⚪) and previous swing highs.
🔻 The macro trend is bearish, so selling rallies is safer than counter-trend longs.
🔻 RSI may enter the overbought zone, signaling a sell opportunity.
🔻 If price struggles at 148.50, expect another bearish impulse.
⚠️ Trading carries a high level of risk, and past performance is not indicative of future results. Always manage your risk carefully and never trade with money you cannot afford to lose. This is for educational purposes only and not financial advice.
💬 Do you think USD/JPY will respect the 200 EMA or break through? Drop your thoughts below! 👇🔥
XAUUSD - Short Trade after Resistance Test ($3,005 - $3,010)Short after Resistance Test ($3,005 - $3,010)
📌 Entry: Sell within the $3,005 - $3,010 range if there is a clear rejection and price weakness.
🎯 Take-Profit 1: $2,985 (immediate support)
🎯 Take-Profit 2: $2,970 (recent lows)
🛑 Stop-Loss: $3,015 (above resistance)
🔹 Probability: High – Confirmed by weak volume on rallies and strong resistance.
Trade Rationale:
Key Resistance Zone ($3,005 - $3,010): This level has historically acted as a supply zone, where sellers step in to push prices lower. If price action shows rejection (e.g., wicks or bearish engulfing candles), it confirms a high-probability short setup.
Weak Volume on Rallies: Volume analysis suggests that bullish momentum lacks strong participation. A rising price with decreasing volume often signals an exhaustion of buyers, increasing the probability of a reversal.
Technical Indicators Align:
RSI (Relative Strength Index): Overbought or showing bearish divergence, signaling potential downside pressure.
MACD (Moving Average Convergence Divergence): Losing bullish momentum or forming a bearish crossover, indicating potential for a pullback.
Donchian Trend & Moving Averages : Price is testing upper Donchian bands and key moving averages are suggesting overextension.
Risk-Reward Ratio:
> The stop-loss at $3,015 ensures protection against false breakouts.
> The first take-profit ($2,985) targets the nearest support, locking in quick profits.
> The second take-profit ($2,970) aligns with recent swing lows, maximizing the downside potential.
Final RRR (TP2) is 1 : 3,4
Conclusion:
A rejection from the $3,005 - $3,010 resistance zone presents a solid short opportunity, backed by weak bullish momentum, technical confluence, and favorable risk-reward. If the price fails to break higher and shows signs of rejection, this trade setup has a strong probability of success.
⚠️ Final Warning: Trading involves significant risk, and past performance does not guarantee future results. Always use proper risk management and never trade with money you can't afford to lose. This analysis is for educational purposes only and not financial advice.
What do you think about this setup? Would you take this trade? Drop your thoughts in the comments! 👇
#REDUSDT continues its downtrend📉 Short BYBIT:REDUSDT.P from $0,7814
🛡 Stop loss $0,8061
🕒 1H Timeframe
⚡️ Overview:
➡️ The main POC (Point of Control) is 0,5802
🎯 TP Targets:
💎 TP 1: $0,7600
💎 TP 2: $0,7330
💎 TP 3: $0,7112
📢 Monitor key levels before entering the trade!
BYBIT:REDUSDT.P continues its downtrend — watching for further movement!