Wave Analysis
SOLANA Short Position Update – June 11, 2025We are the SeoVereign Trading Team.
With sharp insight and precise analysis, we regularly share trading ideas on Bitcoin and other major assets—always guided by structure, sentiment, and momentum.
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Solana downside perspective shared.
The first target is set at 162.94.
The bearish outlook is based on the Elliott Wave structure and volume flow.
Currently, upward momentum appears to be exhausted, and decreasing volume is increasing the possibility of a trend reversal.
Additional analysis will be shared through an idea update once the first target is reached.
ETHEREUM Short Position Update – June 11, 2025We are the SeoVereign Trading Team.
With sharp insight and precise analysis, we regularly share trading ideas on Bitcoin and other major assets—always guided by structure, sentiment, and momentum.
🔔 Follow us to never miss a market update.
🚀 Boosts provide strong motivation and drive to the SeoVereign team.
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Ethereum downside perspective shared.
Recently, Ethereum has been continuously setting new highs, showing strong upward momentum. However, from a technical analysis standpoint, a breakdown below the lower trendline and an exit from a converging wedge pattern have been observed.
This suggests the potential for a short-term cooling-off phase, prompting the sharing of a bearish idea.
The first target is set at 2,771.
While Ethereum and the broader market continue to reach new highs, I personally believe a corrective phase may be approaching.
Detailed ratio analysis and further reasoning will be shared through an idea update once the first target is reached.
Flexible response according to market conditions is essential.
AUDCHF: Completed Consolidation 🇦🇺🇨🇭
AUDCHF completed a consolidation within a horizontal range
on a daily, breaking and closing above its resistance.
I believe that the pair may rise more and reach a historically
significant falling trend line.
Goal - 0.5386
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Bitcoin: Firm supports, play the breakout or dip ahead of CPI__________________________________________________________________________________
Technical Overview – Summary Points
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Structurally bullish momentum across all timeframes. No bearish divergence or signs of capitulation detected.
Major supports: 108,291.5; 106,743.9. Key resistances: 109,997.81; 111,949.
Normal volume, robust buying dynamics without climax, no excess in the flows.
Risk On / Risk Off Indicator : “ Strong Buy ” signal from 1D to 1H; only M15 is neutral (micro-consolidation).
No exhaustion or massive profit-taking behaviour. ISPD DIV neutral across all timeframes.
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Strategic Summary
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Overall bias: Structurally bullish, strong momentum, no imminent major reversal. Possible consolidation ahead of US CPI.
Risk zones: 109.9k–111.9k (historic resistance), key macro event June 11 (CPI).
Catalysts: US inflation figures (CPI), Fed speeches, low implied BTC option volatility.
Action plan: Buy on retracement towards 108.2k/106.7k, or confirmed breakout >111.9k; technical stops below 108.2k & 106.7k; trim risk before CPI if actively managing.
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Multi-Timeframe Analysis
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1D: Approaching historic resistance, “very strong” trend, no weakness detected.
12H/6H/4H: Strong buying pressure, full indicator alignment, close to a break/rejection at 110–111k.
2H/1H: Persistent intraday momentum, no bearish alert, moderate to dynamic volumes (notably 2H).
30min: Healthy trend, buying pressure, no sign of topping out. Squeeze scenario possible if broken.
15min: Neutral phase, micro-consolidation with supported volume, swift resumption possible post-break resolution.
Risk On / Risk Off Indicator: Strong Buy on all timeframes except 15min (neutral/short pause).
ISPD DIV: Neutral everywhere, environment supports bullish trend continuation.
Volumes: Normal to moderate, no distribution alert or bull trap detected.
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Strategic Recap
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Primary trend: Structurally bullish, strong multi-timeframe confluence.
Key signal: Accumulation on support, breakout/extension to be considered only on significant volume.
Opportunity: Entry on technical pullback (108.2k/106.7k) or confirmed breakout (>111.9k), swing target 115.4k
Critical risks: US CPI release, extended resistance, hidden volatility
Risk management: Stop below 108.2k/106.7k, reduce cash risk ahead of macro events as needed.
Summary: As long as 108.2k-106.7k support holds, pullbacks are buying opportunities. Strong conviction for upside if 111.9k is broken. Anticipate volatility around US CPI.
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USDJPY 1HThis chart illustrates a USD/JPY (U.S. Dollar / Japanese Yen) price action setup on the 1-hour timeframe with a potential bearish reversal pattern forming.
Key Observations:
1. Rising Wedge Pattern:
The price is moving within a narrowing range (highlighted by the two converging trendlines).
A series of higher highs and higher lows is visible, but momentum appears to be weakening.
2. Rejection at Resistance (Red Arrows):
Several attempts to break the upper resistance line failed.
Each red arrow indicates strong selling pressure at those peaks.
3. Support Zone (Green Arrows):
The lower trendline (acting as support) was tested multiple times and held—until now.
4. Breakdown Anticipated:
The orange path suggests a projected move downward if the wedge breaks.
The price has started to move below the wedge, signaling a possible breakdown.
5. Target TP (Take Profit):
Marked at around 143.600, based on the height of the wedge or past support zones.
This target aligns with prior swing lows, making it a reasonable objective.
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Interpretation:
The chart anticipates a bearish reversal from the rising wedge pattern.
A short position might be considered on confirmation of the breakdown with stops above the last swing high (~145.200).
Traders are targeting a move to the 143.600 area.
Let me know if you want help analyzing this trade idea further or need other timeframes or indicators added.
#AUCTION/USDT#AUCTION
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 seeing a bounce from the lower boundary of the descending channel, which is support at 11.26.
We have 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: 11.50
First target: 11.81
Second target: 12.26
Third target: 12.84
#PYR/USDT#PYR
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 1.05.
We are experiencing a downtrend on the RSI indicator that is about to break and retest, supporting the upward trend.
We are heading towards stability above the 100 Moving Average.
Entry price: 1.06
First target: 1.08
Second target: 1.09
Third target: 1.11
#ZRO/USDT#ZRO
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 2.10.
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: 2.16
First target: 2.21
Second target: 2.23
Third target: 2.26
#APT/USDT#APT
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 4.87.
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: 4.92
First target: 4.95
Second target: 5.02
Third target: 5.10
AKBNK - 1DMy previous post related to AKBNK was on 3rd of June, 2024 for the maked IV th wave correction.
17th of March, V wave completed and a correction phase has started, we are now heading to marked area to complete the last wave of the correction. Later on we will understand whether this is a simple or a complex correction.
FLOKI Technical Outlook: Trend, Patterns, and Trade PlanFloki (FLOKI) continues to demonstrate robust bullish momentum on the higher timeframes, with price action respecting the prevailing uptrend 📈. After continued retracements and expansion, the structure remains constructive, and my directional bias is firmly bullish.
While the emergence of a three-drive pattern warrants some caution ⚠️, the overall trend suggests that any corrective move could present a high-probability long opportunity. Wait for a retrace to key support zones before considering entries. My targets are set at previous swing highs visible on the 4H chart, with stops placed just below the most recent low for prudent risk management.
As always, this is not financial advice—trade safe and stick to your plan! 🚀
Gold Analysis – June 11Safe-haven demand increased after a U.S. appeals court upheld Trump-era tariffs, overshadowing optimism from a U.S.–China trade framework. While the agreement hinted at progress, the lack of details and looming tariff deadlines kept risk sentiment in check.
The market is now focused on today’s U.S. CPI release, expected to show sticky inflation in May. Strong inflation data could support the Fed’s stance on keeping rates elevated, which has kept the dollar firm and capped gains in metals — but for now, gold remains bid on geopolitical and inflation uncertainty.