AndeWave

Gold has encountered strong resistance and excessive pressure from bears. Before continuing its growth, the price may test the local trend support or the support zone of 3371–3358. Scenario: bullish trend, but the price lacks the potential and consolidation to overcome resistance at 3400-3410. In this case, MM may form a trap to collect liquidity, such as a false breakdown of support, and only then move up.

The SOL structure is quite weak. The price previously broke the upward trend and entered the range of 170-157 as part of a downward movement. The market is reacting to Bitcoin's rebound, and in this case, SOL may test resistance at 169-170 before falling. The upward trend has been broken by a H&S reversal pattern. The potential is temporarily changing, and before the long-term bullish trend continues, the market may test deep areas of interest from the support side.

GOLD has reversed its upward trend and a local downward channel is forming. There is pressure from sellers on the market while the dollar is rising... NFP data will be released today. The market may form a short squeeze before declining within the local downward trend. There is a possibility that NFP data will be strong (needed by the presidential administration) to confirm the readiness to lower interest rates. Scenario: ahead lies a strong resistance zone at 3311.5 - 3324.85. The formation of a false breakout could intensify bearish pressure, leading to a decline in prices to 3255

The breakout of the downward channel resistance forms a strong distribution. However, the most important thing here is that after strong growth, the coin entered a consolidation phase. Strong resistance has been confirmed and the market is forming an ascending triangle. The coin's behavior is strong, as the entire cryptocurrency market has been red for the past two days and testing lows, while FORM has been consolidating for growth. The breakout of the 3.85 resistance level could be rapid due to the accumulation of liquidity above the level.

Gold is testing local resistance at 3325 with a touch. It is also touching the lower boundary of the channel. Thus, the price is stuck in the range between 3325 and 3320. A return of the price to the upward channel may attract buying activity. In this case, we can expect growth to 3375 or to the channel resistance. The trend is upward. If gold does not fall but returns to the channel, we will see a false breakdown of support. According to statistics, all the strongest movements begin after false breakdown

ADA failed to stay above 0.838. A false breakout has formed (liquidation has created momentum). The balance of forces has shifted, and MM may consider support at 0.7850 - 0.7773 as interesting before a possible rise. The trend is bullish, and a retest of support will allow large players to enter the market at a convenient price, while individual traders will have the opportunity to open trades at a low price.

The price breaks through the resistance of the local trend and consolidates in the range of 3320-3375. The price approaches the resistance smoothly through local consolidation zones. Before breaking through 3375, there may be a slight pullback or another consolidation. The market is bullish, with a strong cascade bottom forming and demand remaining fairly high. Against the backdrop of expectations of interest rate cuts, money is once again flowing into gold.

ETH is gathering liquidity ahead of a possible decline The gray square is the active buying zone. When the price returned below the 3040 level, a liquidation phase occurred. Against the backdrop of the news, a retest of resistance is forming, but not with the aim of breaking through the level, but with the aim of gathering liquidity for a move to 2960-2913. A false breakout of resistance could trigger another phase of liquidation (correction) to 2961. A halt should be expected in the 2900 zone.

Gold is in a global bullish trend. Locally, the market is beginning to restore its structure. During the European session, the price broke through the resistance of the local maximum of 3358. At the moment, buyers and sellers are fighting for the 3350-3360 range. Consolidation of the price above 3350-3360 could lead to continued growth, a breakout of 3374, and growth to 3393. Scenario: Consolidation of prices above 3350–3353 could trigger growth to 3375. Further, a slight correction may form from resistance before a retest to break through the level and grow to 3393.

The global trend is bullish, with gold undergoing a local correction. The price is attempting to avoid the liquidation zones located below. The fourth retest of the trend resistance over the past two weeks is forming. Regarding the current situation, gold is consolidating near the resistance level of 3329, a break of which could trigger growth. Buyers are interested in gold due to the current geopolitical circumstances... Scenario : If the bullish pattern remains intact and gold stays within the 3329-3315 range and continues to move towards resistance, another retest of 3329-3330 could lead to a breakout and growth.