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Bearish Patterns

ETH Rejected at POC – Bears Eye $3000 againOver the past two days, Ethereum struggled to maintain momentum above the Point of Control (POC) of the current range. Price action formed wicks above the POC but closed below, signaling clear rejection at this level. Key Support Zone The $3000 area holds significant support, bolstered by several confluences: Fibonacci Levels: The 0.786 fib retracement ($3045) aligns with the old 0.618 fib retracement ($3025) 4H Bullish Block: A strong demand zone on the 4-hour timeframe supports this level Trend-Based Fibonacci Extension: 1:1 extension lines up perfectly with the 0.618 fib retracement Psychological Level: The round number at $3000 adds psychological strength to this support Short Setup: Entry: POC of the range Stop Loss: Above the recent high Take Profit: $3000 zone Risk-Reward: 3:1, offering a solid trade opportunity Long Setup (Confirmation Needed): Entry: Between $3025–$3000, upon bullish confirmation Stop Loss: Below $2900 Take Profit: open
COINBASE:ETHUSDShort
by SiDec
Duo-Reversal Patterns Show USDCAD Rally "Hanging By A Thread"Price has rallied quite a bit for OANDA:USDCAD since its last visit of the Rising Support @ 1.34189 and we currently see Price showing quite a bit of exhaustion at the March 2020 Highs @ 1.44664! This exhaustion comes in two Reversal Patterns: Advance Block - 3 Candlestick Reversal Pattern + (Bearish Confirmation Candle) Hanging Man - Single Doji Reversal Candlestick Pattern Both these Reversal Candlestick Patterns and RSI in Oversold territory, spell possible trouble for Bulls in which signaling Bears could potentially overcome and Push Price Down! This suspected drop in Price could be a Retracement to Previous Structure of Past Resistance @ (1.39775 - 1.38784 ) which happens to land right in the 50% - Golden Ratio Fibonacci Zone. Fundamentally, USD and CAD both last week showed flying colors when it came to their Employment and Unemployment Results both showing an Increase in Work and Lowering in Jobless. This week will be news heavy for USD with: Core PPI/PPI - Tuesday Core CPI/CPI - Wednesday Core Retail Sales/Retail Sales/ Unemployment Claims - Thursday If overall week results are negative, we could see USD lose all strength and CAD take the stage!
Short
by Novi_Fibonacci
5
Could Cardano Bulls Push Past Pennant To $2 Resistance?!Cardano made an impressive 315% gain from the Low on Nov. 4th/5th @ .32 to the High on Dec. 3rd @ $1.32 following the Pro-Crypto Republican won Presidential Debate with not only BINANCE:ADAUSD seeing this kind of Rally but across the entire Crypto Market! Since that High, Price on Cardano has slipped into a Consolidation of what seems to be a Pennant Pattern with Lower Highs working into Higher Lows. Both Legs of this Triangle still need a 3rd Touch to Validate the Integrity and Existence of both Trend-lines. I would like to see Price make a 3rd Touch of the Rising Support around the ( .95 - .93 ) Range before moving back up to test the Falling Resistance. If Bulls are able to gain enough Support from the Rising Support, it could be enough to give them momentum to make a Bullish Break to the Falling Resistance and based from the Pattern Statistics: - Generate an Extension of the same size of Trend move that came prior to the formation of the Pattern called the "Flagpole" putting the Potential Extension of Price into the $2 Resistance Zone! **Caution: Triangle Patterns are known to fail 1/3 of the time so a Bearish Breakdown of this pattern is still possible. Watch for False Breaks/Breakouts!
COINBASE:ADAUSDLong
by Novi_Fibonacci
1
VINE LOOKS BEARISH THEN 90% OR 300% INCOMINGAfter a failed breakout of the all time highs, we have broken the uptrend and look to aim lower. Unless the highs are claimed I'm currently bearish and looking for range lows to be tested for a long entry to back to the highs which can print 90% returns. Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade. Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit that thumbs up and share your thoughts below! This is not financial advice. This is for educational purposes only.
Short
by Navitility
2
Why does hegemony andsupremacy work? Trumpian economics ushers…Why does hegemony and supremacy work? Trumpian economics ushers The Neo Titanic era of late-stage capitalism. Blessings. Good? I’m just easing back into the site myself. An easy basic plain chart for your head tops!! you’re welcome. entered the premarket with the hands-off approach and a wide stop. Targeting 250 points of the US 3 to close out and historic week I may also use a scalping strategy between the LSE and NYE opens The pips are falling out of the sky. The bulls 🦬can smell the blood. Even the bears 🐻 like me can't resist the fresh meat in the woods tonight. As always on the menu is the working class, as the new deconstructionists position their chairs on the reality TV show Neo-Titanic. It’s a good year to get rich.
BLACKBULL:US30Long
by CharlesSankara
1
theta long sell limit"🌟 Welcome to Golden Candle! 🌟 We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎 Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫 Instead, they reflect our own 💭 personal attitudes and thoughts. 💭 Follow along and 📚 learn 📚 from our analyses! 📊💡"
Long
by Golden_candle
NZDCAD - Follow the Bears!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈NZDCAD has been bearish trading within the falling wedge pattern in red. Currently, NZDCAD is approaching the upper bound of the wedge. Moreover, the green zone is a strong structure. 🏹 Thus, the highlighted red circle is a strong area to look for sell setups as it is the intersection of the green structure and upper red trendline. 📚 As per my trading style: As #NZDCAD is around the red circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Short
by TheSignalyst
4