Bitcoin – Medium-Term OutlookBitcoin – Medium-Term Outlook
Hello traders,
BTC recently made a strong breakout move, reacting precisely at the 117k level as expected. Currently, price is in a corrective phase, clearing the liquidity from last Friday’s bullish candle. The sharp rejection at 117k suggests we need to reassess the medium-term outlook.
The primary scenario remains bullish. The 113.4k zone is a key area to look for long entries, as buyers dominated this level earlier and liquidity from short traders still sits here. From a psychological perspective, we could see shorts exiting the market, fuelling a rally towards 115.7k. A confirmed break above 117k would strengthen the long-term bullish trend, opening the door for further long opportunities.
On the flip side, a reaction lower from 115.7k could present a short entry for the medium term. If support at 111.7k breaks, BTC may extend down to 110k, where strong historical rejections suggest a solid zone for fresh long positions in both medium and long-term outlooks.
This outlook is based on key support/resistance levels and major liquidity zones. Always trade with discipline and manage risk carefully to protect your account.
What’s your view on BTC here? Share your thoughts in the comments so we can trade smarter together.
Techincalanalysis
Gold Daily Chart – Final Week of AugustGold Daily Chart – Final Week of August
Hello traders, let’s discuss the gold outlook for the coming week.
Gold has continued its strong bounce after touching the ascending trendline on the D1 chart, in line with the outlook shared earlier. This move also makes the triangle pattern more valid. For the week ahead, price is likely to trade within the 3330–3410 range, about 80 dollars of movement.
While the long-term expectation is for gold to push towards new ATH levels, a confirmed breakout from this triangle is required first. After such a breakout, a short pullback is possible before the next leg higher (as shown on my chart).
On the H4 chart, Friday’s rally allows us to draw a Fibonacci Extension, pointing towards 3390 and 3430 as higher levels to watch. These zones could act as short-term selling opportunities, based on profit-taking sentiment from buyers.
On the daily timeframe, if the breakout from the triangle plays out, gold could extend as high as 3540, creating a new ATH – this is the long-term scenario. On the downside, if price pulls back, the ascending trendline around 3341 remains a key area to look for new buying opportunities.
Also note, this is the last week of August. On Friday, there could be a liquidity grab to rebalance gold’s value and settle large institutional flows, so caution is advised.
This is my personal outlook for XAUUSD for the week ahead. I hope it helps in building your own trading plan.
Share your thoughts in the comments so we can learn from each other.
Bitcoin Trend – Breakout from the Downward ChannelBitcoin Trend – Breakout from the Downward Channel
Hello traders,
BTC has broken out of its descending channel with a very strong candle, moving exactly as expected in the corrective rally. At present, price is reacting around 117k, which confirms a shift in structure. For the medium term, the primary trend should now be considered bullish. Traders can look for pullbacks around 114.5k – 113k to add fresh long positions.
From an Elliott Wave perspective, BTC is moving within the final ABC structure. The current move is wave B, and we will be looking to position long once wave C completes.
Target for this long scenario: 120k – 121k, where a mild correction may occur as liquidity is taken.
This is my personal outlook on Bitcoin. Always follow price closely and manage your account carefully to stay safe.
What’s your view on BTC’s breakout? Share your thoughts in the comments so we can trade better together.
Bitcoin – Medium-Term Outlook for Long/Short TradersBitcoin – Medium-Term Outlook for Long/Short Traders
Hello traders,
BTC continues to move within the descending channel – something we can all clearly see. Recently, price bounced strongly after touching the solid support zone near 112k, and now it is only about 2k away from the target level for a potential swing long entry.
If BTC manages to break above the 114.8k resistance, it could signal a short-term reversal, pushing towards 117.5k before resuming the broader downtrend. This scenario could act as a potential trap for those holding long-term short positions.
We also see early signs of structure changing: the trendline has already shown signs of breaking, with price trading above the descending channel. At the same time, MACD is showing rising volume and its averages are starting to curve upward. Together, these factors support the case for a short-term corrective rally.
Strategy: Consider long entries near the current zone, with the option to DCA if price breaks above 114.8k.
Please note this is my personal view — always manage risk and follow your own plan.
What’s your take on this setup? Share your thoughts in the comments so we can discuss further.
Gold – Medium-Term Buy StrategyGold – Medium-Term Buy Strategy
Hello traders,
Gold continues to move within wave B under Elliott Wave structure. I expect price to retest the trendline once more, with the strong support around 3325 — which already triggered a sharp bounce yesterday — likely to play a key role before wave C begins.
According to Elliott theory, wave C is often the strongest, and in this case, it could extend towards the 339x region. This offers a swing buy opportunity with a reasonable target of 30–40 dollars.
The MACD also supports this outlook, with volume holding above the average line and the MACD (green) remaining on top.
Key Resistance: 3348–3352, must be broken to open the way towards 339x.
Key Support: 3313, if broken, the scenario shifts and longer-term selling pressure could return.
Buy Zone: Around 3327, with profit potential of 40–60 dollars.
This is my personal outlook for gold this week. I hope it helps you align your trading plan.
What do you think about gold’s direction here? Share your views in the comments below.
Bearish Setup on SOLUSD (1-Hour Time Frame)Entry Price: 181.1860
Target: 168.6490
Stop Loss (SL): 189.8636
1. Chart Analysis
We are observing a descending triangle pattern formation, which generally signals a bearish continuation once the price breaks downward.
The price action has already shown signs of rejection at the upper boundary of the pattern, reinforcing the possibility of a breakout to the downside.
2. Indicators & Confirmation
Volume Analysis: Noticeable spike in volume during the recent downward movement, which indicates strong selling pressure. This is crucial for confirming the potential bearish trend.
EMA Confluence: The price is below the 9 and 20 EMAs, which are crucial indicators of the current market trend. The EMAs are acting as dynamic resistance, further supporting the bearish scenario.
3. Risk Management
The stop loss is placed above the most recent significant high at 189.8636. This placement ensures that we protect against any false breakouts or short-term price reversals.
The target at 168.6490 is derived based on previous support levels and a measured move from the triangle pattern. This target is realistic given the market structure.
4. Price Action
The price action shows lower highs and lower lows, a typical characteristic of a downtrend. If this pattern holds, the next logical price move is to break downward through the support of the triangle.
5. Conclusion
Overall, this setup provides a solid bearish opportunity, backed by technical patterns and strong momentum indicators. The risk-to-reward ratio is favorable, making it a well-structured trade.
Gold Outlook After FOMC NewsGold Outlook After FOMC News
The recent FOMC meeting did not bring any new policy measures to support the economy. Chair Powell stated that conditions remain stable, and interest rates were kept unchanged. As a result, markets stayed quiet, with expectations now shifting towards September for potential updates.
On the charts, gold completed wave A after reacting strongly to the trendline on the daily timeframe. I expect the market to now form an ABC corrective structure, which would complete a medium-term Elliott cycle. The recent rally also broke above the descending trendline on H4, confirming that the bullish momentum could be more sustainable.
Currently, price is showing a mild pullback since the Asian session. A retracement of around 40–50% on the recent H4 candle would be a healthy move, and it could retest the broken descending trendline. If confirmed, this would establish a stronger bullish Dow structure, opening room for a longer cycle, at least until wave C completes.
The H4 chart also supports this view, with MACD averages pointing upward and trading volume showing steady growth.
Buy Zone: Around 3334 on the H4 candle, in line with the trend for holding medium- to long-term positions.
Sell Zone: Around 3365, once wave C completes and a new cycle begins.
Gold is now showing clearer technical direction. I hope this scenario helps traders align with the market trend. Wishing you all successful trades.
#XAUUSD #Gold #TechnicalAnalysis #PriceAction #ElliottWave #Fibonacci #MACD #CommodityTrading #FOMC
Bitcoin – Continuing to Follow the Bearish StructureBitcoin – Continuing to Follow the Bearish Structure
BTC has continued to follow the earlier analysis, with price moving back towards the 115,000 zone and resuming its downward waves. The descending channel remains intact and is guiding price action, with the next target area expected near 110,000.
To reach this level, BTC may form another Dow-style downward leg, closely tracking the trendline within the channel. That said, traders should be cautious — MACD is showing rising volume and the moving average is beginning to turn upward, which could be an early warning sign against aggressive short positions.
In trading, following the main trend is always the priority. Going against the market should only be considered when there is clear evidence of large liquidity zones or strong trader sentiment at key levels. Otherwise, trading in line with the prevailing trend remains the safer approach.
For BTC, the strategy is to keep following the descending channel and look for entries at trendline touches. Short-term scalping opportunities may arise around 112,600 and 111,800. The medium-term short entered near 115,000 remains active, with targets set towards 110,000. This zone will also be watched closely as a potential buying area, and decisions can then be made on whether to hold positions for the longer term.
This is my trading outlook for BTC. I hope the scenarios are useful, and I’d love to hear your views in the comments.
#BTCUSD #Bitcoin #CryptoAnalysis #TechnicalAnalysis #PriceAction #Trendline #DowTheory #MACD #CryptoTrading #SwingTrading
Multi-Timeframe Study: Consolidations and Patterns📝 Description:
1️⃣ MTF (Monthly) – Displays a broad consolidation structure with a hidden broadening formation and notable volume clusters marked in recent candles.
2️⃣ DTF (Daily) – Highlights an ascending triangle structure, with clear range boundaries and price compression before expansion.
3️⃣ 15MIN (Intraday) – Shows that the maximum price movement and volume activity occurred on a single candle, illustrating how momentum often concentrates in short bursts.
This chart setup serves as an educational view across multiple timeframes, showing how higher- and lower-TF structures can align.
⚠️ Disclaimer:
This post is purely for educational and structural analysis purposes. Not financial advice.
Bitcoin Update – Price Action Still on TrackBitcoin Update – Price Action Still on Track
Yesterday’s scenario has played out accurately, with BTC continuing to respect the descending channel. Each time price touched the upper trendline, it quickly turned lower, and now it is reacting around the midline of the channel, near the 113,000 zone — exactly the level highlighted earlier as an area to watch.
With this corrective move, I expect BTC could retest the 115,000 area before resuming its broader downtrend. The next downside target remains around 110,000, as larger timeframe structures usually require a corrective pullback before continuing the main trend — something Dow Theory traders will clearly recognise.
Today also coincides with discussions on interest rate policy, which could bring higher volatility as investors take a more cautious stance across global financial markets. However, FOMC outcomes often have limited impact on Bitcoin, given its relative independence from traditional macroeconomic drivers compared to gold or forex markets.
In the short term, traders may consider long opportunities near the 113,000 area with a tight stop just below the recent support, aiming for a corrective move towards 115,000 before the main downtrend resumes.
Strong trading comes from patience and discipline. Stick with the defined scenario rather than reacting emotionally to intraday swings.
Wishing you successful trades. What’s your view on Bitcoin’s price action here? Share your thoughts below.
#BTCUSD #Bitcoin #CryptoAnalysis #TechnicalAnalysis #PriceAction #Trendline #CryptoTrading #SwingTrading
Gold Update – Asian Session Ahead of FOMCGold Update – Asian Session Ahead of FOMC
After yesterday’s sharp decline below 3312, gold found strong support and is now consolidating sideways, building liquidity for the next move. From the current outlook, a short-term rebound is likely before the broader downtrend continues.
Looking at structure, the descending channel remains intact with price respecting the trendline, and yesterday’s break out of the triangle formation reinforced the bearish bias.
From an Elliott Wave perspective, the market may now be forming wave 4. If this rebound carries price back towards the 3325–3330 zone, it will retest a strong resistance area that has repeatedly capped price before. Should that happen, wave 5 could begin — and by theory, it is often the strongest leg.
Fibonacci projections highlight the next support near 3295. If tonight’s FOMC meeting delivers a hawkish outcome in favour of the US dollar, gold could even extend lower towards 3280.
For short-term trading, buyers may consider positions near 3316 with a tight stop just below the recent low, aiming to capture the corrective move of wave 4. On the flip side, if price reacts around 3325–3330, this may provide an opportunity to sell into the expected wave 5, with potential targets extending 40–50 dollars lower if momentum strengthens.
A sustainable trend always alternates between retracements and impulses. Patience in waiting for the right wave often leads to more effective trades than rushing to pick tops or bottoms.
Do you think the FOMC this month will announce a positive interest rate outlook? Share your thoughts in the comments.
#XAUUSD #Gold #TechnicalAnalysis #PriceAction #Fibonacci #ElliottWave #MACD #ForexIndia #CommodityTrading #FOMC
🇮🇳 Gold Under Pressure | Key Levels to Watch TodayGold continues to move in line with our weekly outlook. Despite strong rebounds from liquidity zones, the market still faces heavy selling pressure, unable to break out of the 335x – 336x resistance area.
With no major news events scheduled today, price action is expected to remain within range, making KeyLevels the most important zones to trade from.
📌 Trading Bias Today
Priority remains on SELL setups at upper resistance zones. Adjust entries slightly for better risk–reward.
For BUY positions, wait for deeper entries to avoid liquidity sweeps around 333x – 332x, which have been tested multiple times recently.
🔑 Key Market Levels
Resistance: 3346 – 3357 – 3370 – 3383
Support: 3324 – 3316 – 3309
📌 Trading Plan for India Traders
✅ BUY Zone: 3316 – 3314
SL: 3310
TP: 3320 – 3324 – 3328 – 3332 – 3336 – 3340 – 3350 – 3360+
✅ SELL Zone: 3356 – 3358
SL: 3362
TP: 3352 – 3348 – 3344 – 3340 – 3330 – 3320
⚠️ Summary
Gold remains inside a bearish channel, waiting for a clear breakout. Until major news like the FOMC hits, expect sideways price action within today’s KeyLevels.
👉 Watch reactions closely around 333x – 336x for the next potential move.
Stay disciplined, trade the levels, and let the market show its hand.
ELGIEQUIP (ELGI EQUIPMENTS)ELGIEUIP has re-tested the breakout and looking good, moving above 20-50ema.
Keep an eye on it.
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📌 For learning and educational purposes only, not a recommendation. Please consult your financial advisor before investing.
Bitcoin – Updated Trading ScenarioBitcoin – Updated Trading Scenario
BTC followed the expected move by testing the 117,000 zone before turning lower, but it did not align with the anticipated ABC correction under Elliott Wave. At present, price is showing signs of slipping below the 114,700 support, suggesting that the corrective phase may not have ended at the previous wave 5 low.
Based on Dow Theory, the ongoing decline could extend towards the 113,000 area before the market sees a stronger rebound. A descending channel has now formed, and price is reacting well to the upper trendlines, reflecting that short-side pressure remains dominant.
In this context, prioritising short positions in line with the prevailing downtrend may improve the probability of success. The next major target lies near 110,000, where strong resistance clusters from higher timeframes converge.
For short-term traders, it is possible to take advantage of pullbacks towards the channel trendlines to look for quick entries following the main direction. Risk management is key here, and traders should avoid rushing into longs while the corrective leg is still in play.
A downtrend often lasts longer than expected, but once selling pressure fades, the recovery phase can be sharp. Patience and discipline are essential to capture the right opportunity rather than fighting against the flow.
#BTCUSD #Bitcoin #CryptoAnalysis #TechnicalAnalysis #PriceAction #ElliottWave #MACD #CryptoTrading #ForexIndia
Gold Outlook – Buying as the Main ThemeGold Outlook – Buying as the Main Theme
Gold continues to move in line with previous analyses. Earlier today in the Asian session, the market saw a quick dip due to liquidity being cleared during the daily one-hour break. However, price quickly recovered, broke through the 3339 resistance, and confirmed that buying momentum has returned, strengthening the short-term bullish trend.
Expectations for a new Elliott wave cycle are gradually taking shape. At this point, wave 3 is considered to have begun — typically the strongest phase with greater momentum and wider price swings. This supports the scenario of a medium-term bullish outlook.
Price remains above the key EMA levels, confirming that the long-term trend is intact. The breakout above 3339 reinforces buyer strength and opens the way towards Fibonacci extension targets at 2.618 and 3.618. MACD also maintains positive momentum, while Elliott structure suggests that wave 3 still has room to extend further.
As long as gold holds above the 3336–3338 zone, this remains a reasonable area to consider buying. A minor pullback around this level would offer an even better opportunity to join the trend, with a stop-loss of about 6 dollars to manage risk effectively.
When price approaches Fibonacci extension targets, traders may consider partial profit-taking or look for short-term selling opportunities. This approach will be suitable given how far wave 3 has already extended.
It is important to monitor price reactions around the extension zones. Higher timeframes such as H1–H4 should be prioritised to capture the broader structure and avoid market noise.
A strong trend never moves in a straight line; it always comes with pauses and retracements. Staying patient and riding with the main trend is often the best way to maximise profits in the medium term.
#XAUUSD #Gold #TechnicalAnalysis #PriceAction #Fibonacci #ElliottWave #MACD #Forex #IndiaTrading
Vodafone Idea (VI) chart pattern analysis + fundamentals + peer Vodafone Idea (VI) chart pattern analysis + fundamentals + peer comparison + learnings
-Technical Chart Analysis – Vodafone Idea (Weekly)
-CMP (Current Market Price): 6.46 (+5.04%)
-Trend: Stock has been in a long-term downtrend since 2018.
👉Key Support Levels:
5.70 (immediate)
4.20 (medium-term)
2.40 (long-term bottom)
👉Resistance Levels:
8.50 (immediate)
12.20 (medium-term)
16.80, then 29.3 & 39.7 (long-term hurdles)
👉Pattern Observation:
Price is struggling near a channel support line.
Stock is in a make-or-break zone – either bounces back from current support or risks sliding further.
Any weekly close above 8.5 will confirm strength and may lead to 12–16 zone.
👉 Fundamental Comparison (Vodafone Idea vs Competitors)
(FY24 / recent data approx)
Company Revenue ( Cr) Net Profit Debt ( Cr) Market Share (Telecom) P/E Ratio ARPU (Avg Revenue/User)
Vodafone Idea - 42,000 Loss (-29,000 Cr) - 2.1 lakh Cr - 19% NA (Loss-making) - 145
Bharti Airtel - 1.4 lakh Cr Profit (- 8,300 Cr) - 1.6 lakh Cr - 33% - 68x - 208
Reliance Jio - 98,000 Cr Profit (- 20,000 Cr) - 1.1 lakh Cr - 38% - 22x - 182
🔑 Key Observations:
-VI is the only loss-making player in top 3.
-Heavy debt (- 2.1 lakh Cr) makes survival tough without tariff hikes or govt. relief.
-ARPU (revenue per customer) is lowest among peers, which shows weak monetization.
-Airtel & Jio are fundamentally stronger with consistent profits.
👉 Basic Learnings for Students / New Investors
1. Chart Patterns Reflect History – A stock in downtrend for years (like VI) shows structural weakness; don’t catch falling knives without reason.
2. Support & Resistance Levels – Help in risk management; always watch where the stock can bounce or fall.
3. Debt is a Red Flag – Too much borrowing restricts growth; fundamentals matter more than temporary price spikes.
4. Compare with Competitors – If peers are profitable (Airtel, Jio) and one is struggling (VI), investors must be cautious.
5. Turnaround Bets are Risky – Such stocks may give multi-bagger returns if revived, or wipe out wealth if debt crushes survival.
Disclaimer👉
This analysis is for educational purposes only. It is not financial advice or stock recommendation. Always consult a SEBI-registered advisor before investing. Market investments carry risk.
#VodafoneIdea #StockMarketIndia #TechnicalAnalysis #FundamentalAnalysis #Airtel #RelianceJio #TelecomSector #StockMarketForBeginners #InvestmentLearning #SupportResistance #ChartAnalysis
POLICYBZR (PB FINTECH LTD.)POLICYBZR gave BO of an old resistance, then re-tested and now seems to be getting ready.
It made VCP pattern. Making Hammer candles, decent volume, above 20-50ema, crossing the resistance again, there is probability of an upside move.
Keep eyes on it 👀
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For learning and educational purposes only, not trading advice. Please consult your financial advisor before investing.
Fed Set to Cut 50bps: Gold Gains as the Bullish Wave Forms Again📌 Macro Overview
US Treasury Secretary Bessent gives the green light for a potential 50-basis-point rate cut by the Fed in September.
July CPI remains soft → USD weakens, bond yields fall, boosting gold’s bullish outlook.
Gold briefly touched $3,370/oz, closing at $3,355.9/oz (+0.24%).
Gains capped as US equities continue to break records and geopolitical tensions ease.
Market focus now shifts to PPI data, jobless claims, and the anticipated Trump–Putin meeting for the next directional cues.
🧐 Technical Outlook – MMFLOW Analysis
The bullish recovery wave is clearly re-emerging after a corrective phase, with price hunting liquidity zones left behind in the recent retracement.
Preferred strategy: Trade around key liquidity levels or continuation zones for SELL opportunities; BUY entries will be taken earlier to catch the recovery wave within the current price channel.
Price Structure & Observation Zones:
Short-term uptrend channel intact, primary support at 3336 – 3334 (Liquidity – OBS BUY Zone).
Major resistance at 3394 – 3396 (Liquidity Grab Zone + H1 Supply).
🎯 MMFLOW Trading Plan
🔹 BUY SCALP – Catch the recovery wave
Entry: 3336 – 3334
SL: 3330
TP: 3340 – 3345 – 3350 – 3355 – 3360 – 3365 – 3370 – 3380 – ???
🔹 SELL SCALP – Counter-trend at resistance
Entry: 3394 – 3396
SL: 3400
TP: 3390 – 3385 – 3380 – 3370 – 3360
📊 Key Levels
Resistance: 3365 – 3370 – 3395
Support: 3340 – 3336 – 3330
💡 MMFLOW Strategy Tip:
Wait for price to retest the 3336 – 3334 BUY ZONE for trend-following BUY positions.
Watch for liquidity absorption signals at 339x – a potential SELL reversal zone.
JIOFINJIOFIN is looking good, breakout from here may give a good upside move.
EMAs are aligned, keep eyes on it.
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📌 For learning and educational purposes only, not a recommendation. Please consult your financial advisor before investing.
Bank Nifty spot 56528.90 by Daily Chart view - Weekly updateBank Nifty spot 56528.90 by Daily Chart view - Weekly update
- Resistance Zone seen at 56850 to 57250 and then ATH Level 57628.40
- Updated Rising Support Channel indicates Index Spot hopefully sustains
- Support Zone seen at 59550 to 56285 of Bank Nifty Index yet seems sustained
- Next fairly decent Support Zone seen at 55050 to 55450 of Bank Nifty Index Levels
- *Multiple reasons attribute for weakness and breakdown and that is how Markets show their Supremacy*
MARKSANSMARKSANS looks good, it's been facing resistance for a long time, and now constantly making HL and Equal highs.
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INTERARCHINTERARCH is looking strong, there is probability of an upside move.
Keep eyes on this.
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