In this analysis I want to take a look at the BTC_ATHDRAWDOWN indicator, which tells us how much percent BTC is trading under the current all-time high. Every time that BTC makes a new all-time high this indicator reaches a value of 1.
As seen on the chart, BTC has seen a lot of big drops during bull-markets. Most of these drops have reached the yellow area...
In this analysis I want to come back to an analysis I made back in March and June this year. I talked about my Logarithmic Price Bands indicator and how it has successfully predicted a BTC top around in the yellow band.
Over two months after the analysis, the price has fallen through the yellow price band again.
It's looking like BTC is losing upward...
In previous ETH analyses I talked about this huge 8 year wedge pattern on the ETH chart. Where my initial takes were bullish, we've seen a bearish break out as of last week.
From a neutral point of view, this is 100% bad news. ETH will likely fall more and move towards the 1000$-1500$ area (yellow).
Might be a hot take, but most alts have been performing...
Hello,Traders!
GBP-JPY is trading in an
Uptrend and the pair has
Formed a bullish triangle
Pattern so IF we see a
Confirmed bullish breakout
Then a further bullish
Continuation is to be expected
Buy!
Like, comment and subscribe to help us grow!
Check out other forecasts below too!
BYBIT:DOP1USDT
Dop1 is currently trading at $0.003317 and is forming an inverted head and shoulders pattern, which is often interpreted as a bullish reversal signal. In this pattern, the current price is at a critical resistance zone. If the price successfully holds at this level and breaks through, the next resistance targets to watch are $0.00399 and...
SOL has been trading inside this triangle pattern since practically forever. I'm not calling for a bearish move here, I'm only sharing my view from where I will enter if we continue to go down.
The bottom support has been holding on 4 seperate ocassions, my assumption is that it requires a lot of power to fall through, since bulls will be buying from...
Gold is trading at KEY AREAS.
It is currently in a key RESISTANCE box/level with an ascending trend line supporting the bottom of the candles, which helps to present LONG opportunities.
For LONG opportunities i'd like to see XAUUSD break the key RESISTANCE LEVEL, or bounce on the ascending trend line where it would then look to retest the resistance zone.
For...
ETH has been trading inside this channel for over two years now. After the recent touch of the support, the support has solidified itself even further. Note that the support is a more clear-cut line, while the resistance is more an area.
Another touch of the bottom support would potentially be great news for the bulls, hence the signal on the chart. Seeing that...
In this analysis I want to take a look at the bullish channel that BTC has been trading in for around 3 weeks. The bottom support and top resistance are perfectly matchin price action, so my guess is that a lot of traders are looking at this set-up.
I anticipate that BTC will reverse from this point. Unless the stock markets break down, the chart is clearly...
In this analysis I want to take a closer look at Bitcoin's current bull-cycle and compare it with the previous cycles. I count from December 2011 onwards.
As seen on the chart, the first cycle (yellow) is an outlier in both duration and growth. We will likely never experience something like that again.
The most interesting cycles to compare the current cycle to...
All timeframes are massively overbought
There is a pattern on H4 and H1
This is a weekly high where there is a lot of resistance
Since it is against the trend I would normally not go for such a trade but stocks look like they need to come down so this could be a trade
tight stop loss and take profit when it hits the H4 trend as this is still very uptrend
ID has been trading inside a parallel channel for well over a year. The channel got confirmed after the price bounced from the lower support at the start of August.
With a stop just below the August lows and a target at 2.50 we can construct a very strong trade with a high risk-reward. Naturally, this trade assumes that the bottom is in for now.
Risky, but the...
1. Daily Chart (D1)
Pattern Observed: There is a noticeable ascending channel forming. The upper boundary is marked by a series of higher highs (HH), and the lower boundary is marked by higher lows (HL).
Resistance Zone: The chart indicates a key resistance around the 2,540–2,560 level, highlighted by the upper trendline of the ascending channel.
Support Levels:...
These charts depict an evolving market structure for XAU/USD (Gold Spot) and highlight significant zones and patterns across multiple timeframes.
1. Key Patterns and Channels:
Ascending Channel:
A dominant ascending channel is visible on multiple timeframes. This is a classic continuation pattern, suggesting that as long as price remains within this channel,...
REC Ltd NSE:RECLTD shows a breakout-pullback. You can buy at current Price 600.
1st Target would be 800 and 2nd Target would be 945( which you can try achieving using GTT)
