vagada

Gold Daily – Holding Support, Eyes on the Next Leg Gold’s run from the 50MA support that started in the second half of August has been nothing short of spectacular. After such a sharp move, it’s natural to look for where price might pause or recharge. Based on historical price action and key Fibonacci levels, several zones stand out. The 0.5 Fib level at $4,096 acted as resistance on October 8, marking the local high of this move. Below, the green support line around $3,945 is now being tested, a zone that also aligns closely with the BBcenter, creating a confluence of potential support. So far, this level has held for two sessions, but confirmation will depend on today’s daily close, roughly 12 hours from now. With inflation concerns resurfacing and central banks showing renewed interest in gold reserves, the macro backdrop still favours strength in the long term. Many are calling for a top in gold after this explosive rally, but as history shows, tops are rarely that obvious. If this support zone, defined by the BBcenter and green line, manages to hold, price could push again toward $4,096, and possibly even extend to the projected “Next Move Beyond 161.8%” level around $4,446. Bias: Cautiously bullish, support cluster holding, watching daily close for confirmation of continuation. Always take profits and manage risk. Interaction is welcome.

XRP Daily – Testing Support at the 0.236 Fib Level XRP is once again trading in the green support area that has held since the beginning of August. This zone aligns with the 0.236 Fibonacci level and forms the base of a descending triangle, with the series of lower highs creating its upper boundary. Price has also lost the 50MA, and from a system perspective, the structure confirms a short-term downtrend, with Price < MLR < SMA < BBcenter. If this triangle breaks to the downside, the next significant support sits at the 200MA at $2.60. Momentum indicators remain weak: RSI is below its moving average and trending downward, while MACD has already turned red, showing fading strength. With the broader market showing signs of consolidation after BTC ATH, XRP reaction here could reveal how altcoins handle pressure at key supports. For now, this support zone remains key; losing it would confirm a bearish breakout from the triangle pattern. Bias: Short-term bearish, watching the 0.236 Fib and 200MA as critical levels for reaction. Always take profits and manage risk. Interaction is welcome.

BNB Daily – After the Run, Testing Its Range Since July, BNB has delivered an impressive rally. Back then, price was sitting near the 61.8% Fibonacci level, and from there it climbed all the way to a new all-time high at the 161.8% Fib extension, which is now acting as resistance. On October 7 and 8, intraday moves briefly pushed above this level, but both sessions failed to close above it, leading to a clear rejection on October 9, confirmed by a large downside volume bar. From a system perspective, the structure remains in an uptrend, with MLR > SMA > Price > BBc indicating that despite the pullback, the broader bullish structure is still valid. Key levels to watch: Resistance: 161.8% Fib at $1310 Support: BB Center (orange) at $1198 If BNB can hold above the BB Center, it keeps the upper hand and could attempt another move toward its ATH. However, a daily close below the BB Center would shift the short-term momentum bearish, opening room for further downside. Periods like this often decide whether a move becomes continuation or distribution: patience around key levels pays off. Bias: Neutral-bullish — uptrend intact, but watching the BB Center closely for confirmation. Always take profits and manage risk. Interaction is welcome.

ETH Daily – Rejected at the Highs, Searching for Support ETH was once again rejected from the ATH zone on Monday, October 6, failing to establish a breakout above resistance. After losing the 50MA, price is now approaching the 0.5 Fibonacci retracement level at $4321, which could serve as the next key support area. From a system perspective, the structure reads: Price < SMA < MLR < BB Center — confirming a short-term bearish trend. Momentum indicators also point to weakness: RSI has crossed below its moving average, and MACD is starting to turn red. This pullback mirrors broader market consolidation after BTC’s ATH, showing that ETH remains sensitive to overall liquidity flows. For now, the short-term bias remains bearish unless price manages to hold the 0.5 Fib support and stabilize around it. A close above that level would be the first sign of potential recovery. Always take profits and manage risk. Interaction is welcome.

BTC tapped the 161.8% Fib. level, setting a new all-time high of 126K on Monday, October 6. Since then, price has retraced to the BB Center and today’s candle opened below it. If today’s close remains under the BB Center, there’s a strong chance for another leg down in the short term. From a system perspective, momentum is tilting bearish: Price < BB Center < SMA < MLR, confirming short-term weakness. RSI has crossed below its moving average, and MACD is about to turn red. All signs point to a cooling phase after the run to new highs, a normal reset within a larger cycle. Bias: Short-term bearish, healthy pullback after overextension. Always take profits and manage risk. Interaction is welcome.

BTC on the daily was rejected at the 161.8% Fibonacci level but managed to form a higher high after breaking out from the double bottom green zone. That higher high following a DB breakout gives confidence that the bullish structure remains valid and intact. Currently, price is sitting on the BB Center, and from a system perspective, the trend remains bullish, as PSAR is active on the upside, and MLR > SMA > BB Center. As long as BTC holds above this zone, the uptrend continues to show resilience despite short-term pullbacks. With Q4 now underway, and macro conditions across major economies turning more favourable toward crypto, the current consolidation could act as the foundation for the next leg higher. Bias: Bullish: healthy consolidation after extension, structure still points upward. Always take profits and manage risk. Interaction is welcome.

LINK Daily – Watching the Retrace LINK on the daily just got rejected from the 50MA, confirming it as short-term resistance. The next key support sits around the 0.618 Fibonacci level, which also marks the origin of the last bounce that was rejected at the 50MA. From a system perspective, the current structure reads: Price < BB Center (orange) < SMA < MLR10 — indicating a short-term downtrend. However, on the long-term view, price remains above the 200MA, meaning the broader uptrend is still intact. At this stage, LINK needs a daily close above the BB Center to regain short-term momentum and open the path for recovery. With Q4 underway and the narrative in the US shifting in favor of crypto, LINK could soon find conditions for continuation once the local structure stabilizes. Bias: Neutral-bullish: short-term pressure within a long-term bullish structure. Always take profits and manage risk. Interaction is welcome.

TOTAL2 & ETH – The Next in Line for Price Discovery Today, TOTAL2 has officially broken above its previous all-time high, while ETH is still just below it, getting closer with each daily candle. This tells an interesting story: altcoins as a whole have already entered price discovery, but ETH being the largest component of TOTAL2, hasn’t quite joined yet. This usually means one of two things: either smaller-cap altcoins are currently outperforming ETH, or ETH is simply building strength for a delayed breakout, a move that often pulls the entire market even higher once it happens. Still, confirmation matters: TOTAL2 needs a daily close above its ATH, while ETH’s reaction around its own ATH in the coming days will likely decide whether it joins the move. And let’s not forget: we’ve just entered Q4, and this one might be the strongest Q4 the crypto market has ever seen. Everything that once stood against crypto, from regulation to sentiment, is now turning in its favour, across the US, Asia, and even Europe. That’s why I believe ETH will soon follow TOTAL2 into price discovery, potentially marking the start of the next major leg up for the entire market. Bias: Bullish! TOTAL2 confirmed breakout, ETH close behind. Q4 momentum could be the catalyst that sends both into new territory. Always take profits and manage risk. Interaction is welcome.

DOGE on the 1H looks similar to LINK and ETH: price is hovering around the 50MA, with the 200MA sitting just below as the next line of defense. If DOGE manages to hold this cluster of support, a rebound toward the previous highs is on the table. This structure shows tightening momentum, and the next few candles could define the next week`s direction. Key notes: DOGE testing 50MA on 1H 200MA close below as backup support 0.618 Fib as confluence zone Setup mirrors LINK and ETH Bias: Neutral-bullish — structure intact while 50MA holds. Losing it could open a deeper retrace. Always take profits and manage risk.

LINK 1H – Sitting on a Cluster of Support LINK on the 1H looks quite similar to ETH, but with one key difference: the 200MA is much closer. Price is now testing a tight cluster of support, where multiple technical factors align. If this area holds, LINK could rebound with strength. However, if it breaks down, the 0.618 Fib sits below as the next potential shelter for price. The next few candles will likely decide if bulls can defend this zone or if another leg lower is needed. Key notes: 200MA nearby, acting as dynamic support Local cluster of support being tested 0.618 Fib as next confluence level Short-term structure mirrors ETH Bias: Neutral-bullish — holding this zone keeps the uptrend intact, but losing it could invite deeper retracement. Always take profits and manage risk. Interaction is welcome.