BULLISH CLEAR — D1 up, H4 up, H1 mixed (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 70.3; H1 RSI 65.4. Major support 2433.8 (2.2 ATR) · was resistance · resistance no level above. no tested ceiling above — open ground overhead Near-term: 30-min move significant (1.61 ATR), structure mixed.
D1 trend (long) — D1 structure says up; EMA neutral or disagreeing
H4 trend (long) — H4 structure says up; EMA aligned with it
H1 trend (long) — H1 structure says mixed; EMA neutral or disagreeing
Momentum (H4/H1) — H4 RSI 70.3; H1 RSI 65.4
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support 2433.8 (2.2 ATR) · was resistance · resistance none above
SESSION PREP · US
What to watch in the US session
The US session (New York open · the afternoon drive) · updated 2026-08-24 12:03 UTC.
Good morning. The story from the last session continues in the corners that mattered: crypto regulation is still the marquee — the CLARITY Act is at a “binary stage” and the SEC’s first major crypto rule is out — and bitcoin and ether have followed through, not just held. BTC trades at 78,137.4 and ETH at 2,490.4, both in blue-sky territory with no tested ceiling above. Gold ticked higher to 4,653.53. Oil remains the reversal story, hovering near 84.94 after a soft stretch, while equity futures slip as the US and Canada appear headed for a trade war.
The scheduled calendar in this window is light: Canada’s corporate profits (low impact) and Treasury Secretary Bessent speaking (medium impact) are the only entries. With Jackson Hole looming, headlines will likely do the heavy lifting.
Watch crypto’s warm but elevated momentum — H4 RSI at 70.5 for BTC and 70.3 for ETH — and gold’s similarly firm 77.6, all with open ground overhead. Oil carries a divergence warning between 84.48 support and 85.72 resistance; a break of either gives the next clue. Blue-sky rallies are lovely until you remember the sky has gravity.