Wave Analysis
SHIB Accumulation Phase: Double Bottom Formation SHIB is currently trading sideways on the daily timeframe, showing signs of accumulation as price consolidates between well-defined support and resistance levels. The lack of directional breakout has kept the market in range, but recent structure suggests that buyers may soon gain control — if key support levels hold.
Price is revisiting the value area low and weekly support zone, where a potential double bottom formation is in progress. The first bounce from this region triggered a bullish reaction. If bulls step in again at the same level, the pattern will be technically confirmed — a strong reversal signal that often precedes upward continuation.
This setup also aligns with the broader accumulation narrative: sideways movement with strong support reactions and no major breakdowns, which typically builds the base for a breakout. However, without a decisive move above resistance and confirmation via volume expansion, SHIB may continue to chop within the current range.
For now, price remains in a constructive position, and dips into support are considered high-probability buy zones, as long as buyers continue defending key levels. A confirmed breakout above range resistance would shift momentum decisively in favor of the bulls.
Key Levels to Watch:
Support: 0.0000180 – 0.0000172 (Weekly + Value Area Low)
Resistance: 0.0000225
Confirmation: Breakout on increased volume
Bias remains neutral to bullish until the range is resolved.
Visa: Resistance ApproachingThe next key step for Visa should be overcoming resistance at $394.49 during magenta wave . However, if support at $339.61 fails to hold, our alternative scenario (33% probability) will be activated—suggesting the recent high already marked the end of the corrective wave alt. in magenta. In that case, a renewed decline below the $299 mark would be likely, aiming to complete the alternative turquoise wave alt.4 on a larger scale.
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Gold is unstoppable: 3400+Gold is unstoppable: 3400+
Currently: Gold price combined with news, finally challenged the 3400 pressure level again
Structurally: Head and shoulders bottom resonated and rose, with sufficient momentum, and there is a high possibility of setting a new high next week.
The next main point: Gold price continues to be long at low prices
In the past two days, gold prices have fluctuated sharply, and the back and forth wash also indicates that the trend of gold prices will eventually have a general direction.
So far, gold bulls are still strong and will break 3400 points today.
But we need to be alert to the big waterfall correction that may occur at any time.
At present, as long as the gold price has a big waterfall correction, it is a signal to buy and go long.
Unfortunately, today I set the buying point at 3330-3335, missed the buying point near 3340, and then there was no chance to enter the market. I watched the gold price rise all the way to around 3400 points and test the pressure near 3400 points.
Operation ideas:
1: Next, pay attention to the callback performance in the 3360-3380 range, go long at a low price, and set the stop loss at 3360.
2: As long as there is a large waterfall callback, it is a signal to go long.
3: It is not ruled out that the gold price will rise sharply this week to a new high of 3500+
BTC/USDT Analysis: Local Downtrend
Hello everyone! This is a daily analysis from a trader-analyst at CryptoRobotics.
Yesterday, despite a positive chart structure, Bitcoin broke out of the accumulation zone to the downside. This move was influenced by the escalation of the conflict in the Middle East and extreme FOMO among retail traders.
The main expectation is a decline toward the nearest buyer zone at $105,800–$104,500 (accumulated volumes), where we will look for long entry opportunities. This zone is very strong and is likely to hold with a 90% probability. An additional confirmation is the presence of predictive liquidations of long positions within this zone, which could serve as fuel for a reversal.
During the decline, two new resistance zones were formed. In the short term, short positions from these areas can be considered until the support is tested.
Sell Zones:
$107,900–$108,500 (strong seller activity)
$109,000–$110,000 (accumulated volumes)
Buy Zones:
$105,800–$104,500 (accumulated volumes)
$101,600–$100,000 (zone of previous pushing volumes + current buyer defense)
$98,000–$97,200 (local support)
Level at $93,000
$91,500–$90,000 (strong buying imbalance)
This publication is not financial advice.
S&P 500 Breaks Out — Trump, Tariffs & Bullish Island PatternDonald Trump has mentioned the US stock market in every meeting he has held in the past few days, which has caused the US stock market indices , including the S&P500 Index ( SP:SPX ), to rise:
"Better go out and buy stocks now".
President Donald Trump told a crowd in Saudi Arabia on Tuesday that the markets are just getting started. “It’s going to get a lot higher,” he said, right as the S&P 500 posted its first gain since late February.
But one of the main reasons for the increase in the S&P 500 Index and US stocks is The United States has dropped its tariffs on Chinese goods to 30% , down from a brutal 145% , while China is slashing its own duties on US imports to just 10% , temporarily, for the next 90 days .
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Now let's take a look at the S&P 500 Index chart on the daily time frame .
S&P500 Index managed to break the Resistance zone($5,737_$5,506) and 21_SMA(Weekly) by Breakaway Gap .
In terms of Classic Technical Analysis , the S&P500 Index has managed to form a Bullish Long Island Pattern , and this pattern is one of the continuing patterns and will be a sign of the continuation of the S&P500 Index's upward trend .
In terms of Elliott Wave theory , it seems that the S&P500 index has completed the corrective wave and is in new impulsive waves , which could cause a new All-Time High(ATH) to form.
I expect the S&P500 index to increase by at least +5% as it approaches the Uptrend line , and we will see the possibility of a new ATH .
Please respect each other's ideas and express them politely if you agree or disagree.
S&P 500 Index Analyze (SPX500USD), Daily 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.
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#ICP/USDT#ICP
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading towards a strong breakout and retest.
We are experiencing a rebound from the lower boundary of the descending channel, which is support at 5.85.
We are experiencing a downtrend on the RSI indicator that is about to be broken and retested, supporting the upward trend.
We are heading towards stability above the 100 Moving Average.
Entry price: 6.04
First target: 6.13
Second target: 6.28
Third target: 6.50
Gold Correction = Bearish Divergence + Wedge + Zigzag CompleteGold ( OANDA:XAUUSD ) attacked the Resistance zone($3,387-$3,357) today after the release of the US CPI indices . Although the figures seemed to be in gold's favor, traders still seem to be determined to continue the price correction.
In terms of Elliott Wave theory , it seems that Gold has managed to complete the Zigzag Correction. We should wait for the next 5 down waves .
Also, we can see the Regular Divergence(RD-) between Consecutive Peaks .
In terms of Classic Technical Analysis , Gold appears to have successfully formed a Rising Wedge Pattern .
I expect Gold to drop to at least $3,296 AFTER breaking the lower line of the Rising Wedge Pattern .
Note: Stop Loss(SL)= $3,380
Gold Analyze ( XAUUSD ), 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; this is just my idea, and I will gladly see your ideas in this post.
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USDCAD Hits Support as Fed-Hawkish & BoC Cuts! Big Bounce ComingUSDCAD ( OANDA:USDCAD ) is trading at the Potential Reversal Zone(PRZ) and near the important Support line and Support lines .
In terms of Elliott Wave theory , it seems that USDCAD has managed to complete 5 main down waves and we can expect more up waves .
Also, we can see the Regular Divergence(RD+) between Consecutive Valleys .
I expect USDCAD to rise to at least 1.37860 CAD.
Fundamental View:
The Bank of Canada initiated its rate-cutting cycle , while the Federal Reserve remains firm with no immediate plans to ease.
Strong NFP data on Friday reinforced USD ( TVC:DXY ) strength .
Oil prices( BLACKBULL:BRENT ) may offer temporary support to CAD , but macro divergences clearly favor the dollar .
Note: Stop Loss(SL)= 1.36110 CAD
U.S Dollar/Canadian Dollar Analyze (USDCAD), 4-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; 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.
#XRP/USDT#XRP
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading towards a strong breakout and retest.
We are experiencing a rebound from the lower boundary of the descending channel, which is support at 2.21.
We are experiencing a downtrend on the RSI indicator that is about to be broken and retested, supporting the upward trend.
We are heading for stability above the 100 Moving Average.
Entry price: 2.24
First target: 2.27
Second target: 2.30
Third target: 2.35
#UNI/USDT#UNI
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading toward a strong breakout and retest.
We are experiencing a rebound from the lower boundary of the descending channel, which is support at 7.78.
We are experiencing a downtrend on the RSI indicator that is about to be broken and retested, supporting the upward trend.
We are looking for stability above the 100 Moving Average.
Entry price: 7.85
First target: 8.19
Second target: 8.53
Third target: 8.85
RVN/USDT – Ascending Trendline Breakdown in Play
**Pair:** RVN/USDT 💱
**Timeframe:** 1H ⏱️
**Pattern:** Ascending Trendline Breakdown Attempt ⚠️
RVN is currently attempting to break below a key ascending trendline near **0.0209**. This level has held several times, but selling pressure is increasing 📉.
**Bearish Scenario ❌**
A confirmed 1H close below **0.0205** could trigger downside momentum:
🎯 Target 1: 0.0195
🎯 Target 2: 0.0180
📉 Breakdown may accelerate if volume increases.
**Bullish Defense ✅**
If bulls reclaim **0.0220** and defend the trendline again, upside continuation remains possible.
🛑 SL (for shorts): above 0.0225
🔍 Wait for confirmation — fakeouts are common near support zones.
#UNI/USDT#UNI
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.
We are experiencing a rebound from the lower boundary of the descending channel, which is support at 5.82.
We are experiencing a downtrend on the RSI indicator, which is about to break and retest, supporting the upward trend.
We are looking for stability above the 100 Moving Average.
Entry price: 6.15
First target: 6.53
Second target: 6.93
Third target: 7.33
SUTM LONG TRADE (TEXTILE SECTOR) 12-06-2025- SUTM was previously in a huge downtrend till May 2023, followed by an accumulation zone until April this year.
- The stock broke out of this accumulation zone in a powerful manner with strong volume, touching a high of 249.
- After the breakout, the stock entered a corrective channel (marked in yellow) and formed a bull flag.
- Today, the stock broke up from this bull flag, indicating a continuation of the uptrend.
🚨 TECHNICAL BUY CALL – SUTM🚨
- BUY1: 203.68
- BUY2: 196
- BUY3: 186
- BUY4: 176
Target Prices
- TP1: 222.21
- TP2: 236
- TP3: 252
- TP4: 261
Stop loss: 160 DAILY CLOSE
RISK: REWARD - 1:3.75
Caution: Close at least 50% position size at TP1 and then trail SL to avoid losing incurred profits in case of unforeseen market conditions.
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KSE-100 UPDATE 12-06-2025KSE 100 Index Technical Analysis
The KSE 100 index has been performing well after its breakout from the all-time high, achieving multiple targets as expected. Despite some retracement in the last 2-3 hours, the index remains mostly bullish. The small pullbacks are expected in any uptrend.
Current Market Situation
- The index is currently testing its EMA 20 of 1-hour timeframe.
- A rebound from this level is expected in the coming sessions.
Possible Scenarios
- If the index rebounds from the current level, it will likely continue its upward trend.
- If it fails to rebound, there's a possibility of a retest of the recent breakout level at 120,800.
Support Level
- The index is expected to find support at the EMA 20 of 1-hour timeframe and rebound from there.
Overall, the KSE 100 index is expected to remain bullish, and the current pullback is seen as a buying opportunity.
Great analysing from smart analysis This Wyckoff Accumulation scenario on Gold was like a blueprint—every stage played out almost exactly as anticipated. From the Selling Climax (SC) to the Spring and Test, it was as if the market followed the textbook. Watching this unfold live last night was both thrilling and affirming. Truly, it was a masterclass in market behavior.
Analysis : mohsen mozafari nejad 😎
XAU/USD – Bullish Breakout & Wave 3 Expansion Imminent?Gold appears to have completed a corrective Elliott Wave structure (A)-(B)-(C) within a contracting wedge pattern, followed by a bullish breakout signaling the beginning of a new impulsive wave cycle.
🔹 Wave Structure Overview
The corrective decline formed a clear ABC correction inside a falling wedge, marked in red.
Following the final touch on the wedge's lower boundary, we saw a 5-wave impulsive breakout—suggesting the end of correction and initiation of a larger degree impulse wave.
Subwaves (1)-(2) appear to have completed in the new uptrend, with Wave (3) currently in motion.
🔹 Fibonacci Extension Targets for Wave (3)
Using the Fibonacci extension from the base of Wave (1)-(2):
1.13 Extension = $3,517
1.272 Extension = $3,551
1.414 Extension = $3,585
1.618 Extension = $3,635 (Primary target for Wave (3))
These are key resistance levels to watch as price progresses higher.
🟢 Bullish Scenario
A sustained break above recent resistance (~$3,345) should trigger momentum toward Wave (3)’s target range.
Price action and structure support a move toward $3,550–$3,635 in the coming days.
Minor pullbacks (Wave 4) expected before the final move into Wave 5 completion.
🔴 Bearish Invalidations
If price breaks below the current Wave (2) low (~$3,240), the bullish impulsive count may be invalidated.
Invalidation of the impulsive structure would imply either a deeper correction or re-entry into range-bound consolidation.
📌 Conclusion:
Gold is showing strong bullish momentum post-correction with a potential extended Wave (3) in progress. Breakout traders can look for continuation setups above $3,345 with targets at the Fibonacci extensions noted. Risk should be managed below Wave (2) low.
#XAUUSD #GoldAnalysis #ElliottWave #TradingView #Wave3Breakout #FibonacciTargets #GoldOutlook
Gold Eyes New All-Time High as Bullish Trend StrengthensGold continues to push higher in a powerful uptrend, approaching a fresh all-time high with strong bullish momentum. Technical indicators and market structure remain supportive of further upside, with a key Fibonacci extension target at $4,144 now coming into focus.
Gold has maintained a robust weekly bullish trend, characterized by a clear sequence of higher highs and higher lows. Price action remains technically strong across all timeframes, and with price now pressing against previous all-time highs, the next move could either be a temporary consolidation or an explosive breakout into new territory.
Key Technical Points
- Trend Structure Remains Intact: Higher highs and higher lows dominate all major timeframes.
- Moving Averages in Full Bullish Alignment: All key moving averages remain beneath price
action, acting as dynamic support.
- Point of Control Reclaims: Previous consolidations at volume highs have led to continued
breakouts.
- Fibonacci Extension Target at $4,144: This level represents the next major technical upside
target if momentum persists.
From a market structure standpoint, gold is in a textbook uptrend. There have been no breakdowns of prior swing lows, and each move higher has been followed by a constructive consolidation or higher low formation. This consistency reinforces the overall strength of the bullish trend.
All major moving averages (MAs) — whether short-term (21 EMA), medium-term (50 SMA), or long-term (200 EMA) — are stacked beneath current price across all key timeframes. This configuration confirms strong trend alignment and dynamic support, giving buyers further confidence to hold or add on dips.
One of the most bullish technical characteristics has been the repeated reclaiming of key volume zones, particularly the point of control (POC) within high-volume nodes. Price has consistently consolidated around these zones before breaking higher, indicating strong accumulation and controlled trend continuation.
Additional Context: Fibonacci Target and Price Path:
A Fibonacci extension measured from the recent swing low to the swing high projects a technical upside target of $4,144. This is a natural continuation level based on prior market rhythm and trend extension. If gold breaks its all-time high with conviction, this extension becomes the next likely area for price to reach, assuming bullish momentum continues.
What to Expect in the Coming Price Action:
As gold approaches its all-time high, two key scenarios are in play: a minor pullback for a new higher low, or an impulsive breakout toward the $4,144 Fibonacci target. Given the strength in structure and momentum, the path of least resistance remains to the upside — but traders should monitor lower timeframes for confirmation.
Io trade planIO/USDT Long Trade Setup | Daily Timeframe
📉 Structure: ABC Correction Completed
🚀 Elliott Wave Count: Wave 1 and 2 completed — potential Wave 3 breakout incoming
🔹 Entry Zone: 0.750 – 0.770 USDT
🔻 Stop-Loss: 0.666 USDT (below 78.6% Fib retracement)
🎯 Target 1 (Wave 3): 2.782 USDT (1.618 extension of Wave 1)
🎯 Target 2 (Wave 5): 14.865 USDT (1.618 extension from Wave 3
AUDCHF The Target Is UP! BUY!
My dear friends,
Please, find my technical outlook for AUDCHF below:
The price is coiling around a solid key level - 0.5349
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 0.5357
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
GBPCHF Sellers In Panic! BUY!
My dear subscribers,
This is my opinion on the GBPCHF next move:
The instrument tests an important psychological level 1.1095
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.1111
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK