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SHIB/USDT: Shiba Inu Setting Up for a Bullish Reversal?Shiba Inu (SHIB) is currently trading around $0.00001208, showing signs of stabilizing near a key support zone after a recent pullback. The market appears to be forming a rounded double bottom pattern, which could evolve into a strong W-shaped bullish reversal if confirmed with volume and breakout above short-term resistance (~$0.0000135). This level could be pivotal for long-term accumulation. What to Watch *Key Support Zone: $0.00001200 - price is holding this level firmly. *Short-Term Resistance: $0.0000135 - a breakout could confirm bullish continuation. *Indicators: RSI is cooling off after a high, which could provide momentum for a new leg up. SHIB may be quietly setting the stage for a powerful recovery. This support level looks like a gift for those with patience and vision. DCA smartly, monitor dips, and don’t panic, because when this pattern breaks out, you’ll wish you had loaded up earlier. This isn't about hype...it’s about positioning. Stay disciplined. Stick to your plan. SHIB might just surprise everyone again.
Long
by petermichalides
12
ETH BREAKOUT IMMINENT?Ethereum is currently trading around $3,726, holding just above key support levels, including the 50-day SMA and the psychological $3,700 zone. Despite a minor pullback, ETH continues to show signs of bullish strength and remains in a healthy uptrend. Momentum indicators like RSI and volume show signs of recovery, and ETH is forming a bullish continuation pattern near resistance. If Ethereum can break above the $3,820–$3,850 zone, we are likely to see a quick push toward higher levels. Ethereum is showing solid strength after consolidating above $3,700. The breakout attempt toward $3,850 will be critical. If bulls push through this level with volume confirmation, a move toward $3,900 and then $4000 becomes highly probable. The market structure is constructive, and the presence of ETF-driven institutional demand adds further bullish pressure. While short-term volatility may create minor pullbacks, the medium-term setup favors upward continuation.
COINBASE:ETHUSD
by petermichalides
8
GBPUSD: Bearish Momentum vs. Fundamental Repricing – Key LevelsGBPUSD is at a critical juncture, balancing a clear technical breakdown with a fundamental backdrop favoring near-term volatility. The pair has slipped from its rising wedge structure and is now testing key retracement zones while markets reprice expectations for Fed rate cuts after weak US jobs data. Traders are closely watching whether this bearish momentum will extend toward the 1.3128 support or if a rebound from oversold conditions could trigger a corrective bounce. Technical Analysis (8H Chart) Pattern: Clear breakdown from a rising wedge, confirming bearish bias. Current Level: Price sits near 1.3278, struggling to reclaim the 1.3300 resistance zone. Key Support Zones: 1.3128 (61.8% Fibonacci retracement) – main bearish target. 1.2945 (78.6% retracement) – extended downside target if selling pressure deepens. Resistance Levels: 1.3300 (immediate resistance, prior support now flipped). 1.3380 (secondary resistance if a retracement rally occurs). Projection: Likely bearish continuation toward 1.3128, with a potential retest of 1.3300 before continuation. Fundamental Analysis Bias: Bearish in the short term, but Fed policy and risk sentiment remain key drivers. Key Fundamentals: USD: Weak NFP (73K), higher unemployment (4.2%), and downward revisions boost Fed cut bets (~75% for September), typically a USD-negative factor. GBP: BOE maintains a cautious stance due to sticky inflation but lacks clear hawkish conviction as growth slows. Tariffs: US tariffs add a mild negative weight on GBP trade sentiment. Risks: Hot US CPI could slow Fed cut bets, supporting USD. Hawkish BOE comments could limit GBP downside. Global risk sentiment shifts could either favor USD (risk-off) or weaken it further (risk-on). Key Events: US CPI and PPI for USD direction. BOE policy updates and UK CPI. US jobless claims and Fed commentary. Leader/Lagger Dynamics GBP/USD is a lagger, mainly reacting to USD shifts. However, its moves directly influence GBP crosses such as GBP/JPY and GBP/CHF. Summary: Bias and Watchpoints GBP/USD remains in a bearish phase, targeting 1.3128 with a potential corrective bounce toward 1.3300 first. The primary driver is the technical breakdown, while fundamentals add volatility around US CPI and BOE policy. If CPI surprises lower, the bearish outlook could reverse into a short-term rebound; if CPI is hot, downside momentum could extend. You should monitor USD-driven events closely as GBP/USD sets the tone for broader GBP movements.
Short
by ultreosforex
GBPNZD Breakout from Consolidation Bullish Momentum BuildingGBPNZD has broken out of its recent consolidation pattern and is showing signs of bullish continuation. Strong GBP fundamentals combined with NZD weakness from global risk-off sentiment and tariffs support this technical move. Technical Analysis (4H Chart) Pattern: Breakout from a descending channel with bullish follow-through. Current Level: 2.2418, trading above the breakout level, confirming momentum shift. Key Support Levels: 2.2294 – recent breakout support and invalidation point for bulls. 2.2222 – secondary support if a deeper pullback occurs. Resistance Levels: 2.2500 – near-term resistance and potential target for the breakout. 2.2690 – extended bullish target if momentum continues. Projection: Likely to continue higher toward 2.2500, with room for 2.2690 if GBP strength persists. Fundamental Analysis Bias: Bullish. Key Fundamentals: GBP: Supported by BOE’s cautious stance on inflation and the relative resilience of the UK economy. NZD: Pressured by global tariffs, weaker risk sentiment, and limited domestic growth catalysts. USD Factor: Fed rate cut expectations indirectly support GBP crosses against risk currencies like NZD. Risks: Hawkish surprise from RBNZ could strengthen NZD. BOE dovish signals could stall GBP upside. Key Events: BOE meeting and UK CPI. RBNZ policy decision. Risk sentiment trends globally. Leader/Lagger Dynamics GBP/NZD is a leader among GBP crosses, with GBP strength and NZD weakness driving momentum. It also aligns with EUR/NZD upside moves, reinforcing the bearish NZD outlook. Summary: Bias and Watchpoints GBP/NZD is bullish, having broken consolidation with upside targets at 2.2500 and 2.2690. The main drivers are GBP’s policy support, NZD’s risk-off weakness, and global tariff concerns. Watch for BOE and RBNZ updates as potential volatility triggers.
Long
by ultreosforex
DAY UPDATE REI/USDT THE INCREASE CANDLE OF UP $0,03 - $0,05REI is an interesting coin since the update of Q4 We have seen that this coin was able to increase to $0,031 and until here $0,018 zone, a return to where we are now. There is a high chance that this coin can recover next 24H if this coin is able to confirm the confirmation $0,02 - $0,021 This coin, as before, was targeted at $ 0.02 and had low volume. We expect that if it comes back to $ 0.02, it will be confirmation of the volume, which can take the trend with a candle to up $0,03 REI CONFIRMATIONS ZONE Higher time frame When you look normally at this coin, then this coin is in a trend line of breakdown. This can change with the next confirmations. The question is, are we going to see again $0,02 the next 24h? If yes high chance of a break. We also have a cycle update 2025, check it here, expecting $0,90
Long
by SatochiTrader
Is the gold correction over?✏️Yesterday's D1 candle closed above the Breakout 3363 zone. This shows that the buyers in the US session are still strong. There is a possibility of a liquidity sweep in the Tokyo and London sessions, then in the New York session, Gold will recover and increase again. The uptrend is really broken when Gold confirms a close below 3345. In this case, we have to wait for 3320 to confirm the BUY point. The gold uptrend at this time also needs new momentum to be able to move towards ATH 3500. 📉 Key Levels Support: 3345-3320 Resistance: 3373-3418 Buy zone: 3345 (bullish wave structure maintained); BUY DCA break 3373 Buy zone: 3320 (Strong support zone) Target: 3417 Leave your comments on the idea. I am happy to read your views.
OANDA:XAUUSDLong
by VHT_Trader
6
GBPJPY starts corrective downtrend. Ready to SELL✏️ OANDA:GBPJPY has broken the trendline structure and broken the disputed zone. Price is heading towards the support zone ahead around 197.000. This is considered a breakout zone for DCA rather than BUYing at this zone. The downtrend of GBPJPY may extend to the bottom of last week. 📉 Key Levels SELL now GBPJPY 198.000 SELL trigger: Break support zone 197.000 Target 195.500 Leave your comments on the idea. I am happy to read your views.
Short
by VHT_Trader
10
Gold Price Analysis July 30Gold (XAUUSD) Consolidating in a Triangle Pattern – Preparing for a Big Breakout Currently, gold is moving within a triangle consolidation pattern, reflecting the market’s indecision as investors await a series of important economic data from the US this week. This hesitation suggests that a breakout from the triangle pattern could trigger a strong FOMO effect, creating a significant price movement in either direction. The current price action is similar to a “bull flag” or “pennant” pattern, where a breakout could lead to a clearer and more decisive trend. If the support zone in the pattern fails to hold, the possibility of a sell-off is high. Trading scenario: 🔻 Activate SELL order: When price breaks the triangle bottom around 3324 Downside target: 3285, further is the strong support zone at 3250 🔺 Activate BUY order: When price breaks and holds above the resistance zone 3333 Or: when there is a bearish rejection signal and candle confirmation at the area 3385
OANDA:XAUUSD
by TVS-Trader
Gold Price Analysis July 29📉 XAUUSD ANALYSIS – IS THE CORRECTION OFFICIALLY STARTING? Gold has officially broken out of the bullish wave structure and left the rising price channel – an important technical signal that the bearish correction trend has been activated. This development opens up the possibility of retests of the broken trendline, and if that happens in today's session, this could be a good opportunity to look for SELL entry points in the new trend. 📌 Short-term trading strategy: Potential selling zone: 3343 – 3345 Downside target: 3283 first, followed by the strong liquidity zone around 3250 Confirmation of bearish force: Price continues to maintain below the 3375 area – which will act as an important resistance level. Only when the daily candle closes back above this zone will the uptrend be re-established. ✅ Reverse buying strategy if there is a strong support signal: Buy trigger zone: Observe the price reaction around the 3285 area - there needs to be a clear bearish rejection signal (pin bar/bullish engulfing candle...) Deeper buying zone: 3251 - where liquidity is concentrated and there is a possibility of bottom-fishing demand appearing.
OANDA:XAUUSDShort
by TVS-Trader
NZDCHF – Bullish Breakout Sets Stage for ReversalNZDCHF has broken decisively out of a long-term descending channel, signaling a potential trend reversal. Price action confirmed multiple bullish flags within the falling structure, followed by a clean breakout and higher low retest, supporting a bullish continuation bias. Currently, the pair is stabilizing just above prior resistance turned support around 0.4760–0.4780, forming a potential launchpad for the next leg higher. Upside Targets: TP1: 0.48336 TP2: 0.48844 TP3: 0.49319 Invalidation Zone: A drop below 0.4720 would invalidate the breakout structure and expose the downside. Fundamental Drivers: 🇳🇿 NZD Strength: RBNZ remains relatively hawkish compared to other central banks, and the Kiwi may gain from improving risk sentiment and easing global recession fears. 🇨🇭 CHF Weakness: Swiss Franc is under mild pressure as safe-haven flows weaken amid improving tone on US-China-EU trade headlines and fading ECB rate cut bets. 🗓️ Macro Flow: Upcoming risk events (Fed comments, trade updates, and NZ economic prints) could inject momentum into the pair, especially if risk appetite improves. Bias: ✅ Bullish (Buy) Confidence: ★★★★☆ Watch for: Clean hold above 0.4770 zone + bullish momentum continuation.
Long
by ultreosforex
14
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 3348 and a gap below at 3328 . 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 3348 EMA5 CROSS AND LOCK ABOVE 3348 WILL OPEN THE FOLLOWING BULLISH TARGETS 3369 EMA5 CROSS AND LOCK ABOVE 3369 WILL OPEN THE FOLLOWING BULLISH TARGET 3397 EMA5 CROSS AND LOCK ABOVE 3397 WILL OPEN THE FOLLOWING BULLISH TARGET 3422 BEARISH TARGETS 3328 EMA5 CROSS AND LOCK BELOW 3328 WILL OPEN THE FOLLOWING BEARISH TARGET 3305 EMA5 CROSS AND LOCK BELOW 3305 WILL OPEN THE SWING RANGE 3289 3267 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
OANDA:XAUUSD
by Goldviewfx
17