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Bearish Patterns

theta sell midterm "🌟 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! 📊💡"
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by Golden_candle
Binance Coin (BNB) Market AnalysisRecent Price Action & Breakdown BNB lost the key $600 support level due to strong selling pressure, dropping 12% over the past week, aligning with the broader market downturn. The break below $600 signals increased bearish momentum, but BNB has yet to form a lower low, indicating relative strength compared to most altcoins. Key Support Levels to Watch If the decline continues, buyers may step in between $550 and $500, with $500 being a historically strong support zone. Holding above $500 is crucial, as a sustained drop below this level could lead to further downside pressure. Potential Recovery Scenario If $500 holds, there remains potential for a recovery, especially if the overall crypto market stabilizes. A move back above $600 would be a bullish signal, confirming a potential rebound and resumption of BNB’s upward trend. Conclusion BNB is at a critical juncture. The $500 support level must hold to avoid a deeper correction. Despite the drop, BNB shows relative strength compared to most altcoins. Traders should watch for buying activity around the $500-$550 range, as this could indicate a recovery in the near term.
by Richtv_official
Ethereum Market Analysis–Bearish Breakdown Signals Further RiskKey Developments & Price Action: Ethereum lost its key support at $2,400 and has dropped 21% over the past week, following widespread crypto market declines. ETH is now in a vulnerable position, struggling to find stability after this sharp sell-off. Critical Support & Downside Risks: The $2,000 psychological level is crucial—if ETH fails to hold above it, further downside pressure is likely. The next major support is at $1,800, a level last seen during the 2023 bear market. A sustained move below $2,000 could confirm a bearish market structure, increasing the probability of continued selling pressure. Potential Scenarios: Bullish Case: ETH stabilizes above $2,000 and begins a relief bounce toward $2,200–$2,400, reclaiming lost support levels. Bearish Case: ETH breaks below $2,000, confirming a deeper correction, with $1,800 as the next downside target. Market Outlook: For now, Ethereum remains bearish and requires strong buyer support at $2,000 to avoid a deeper sell-off. A weekly close below $2,000 would signal further weakness, while a rebound above $2,400 would help regain bullish momentum. Caution is warranted until ETH confirms a clear bottom formation.
by Richtv_official
03/03/25 Weekly outlookLast weeks high: $96,500 Last weeks low: $78,297.13 Midpoint: $87,398.56 What a week! In my last weekly outlook I proposed the idea that BTC was coiling up for a big move, the question was "which direction will the move be?" Well we got our answer, after, multiple weeks hovering around the $96K level bitcoin sold off a massive 18% to a low of $78.2k. This sell-off broke the weekly support area of $91K after a full 3 months of holding. Now that we answered last weeks question I propose a new one, is $91K now a HTF resistance level? To answer that question a look at the weekly chart, despite such a severe sell-off this is not unusual in a bull market, 25-25% corrections happen multiple times during a large bullish trend. To add to that, the weekly close still managed to be above the $91K mini range floor, in essence a giant SFP on the weekly candle and therefore a continuation high would make sense from a TA point of view. For the bulls the worry would be the inevitable backfilling of the wick on the weekly, for me this comes into play if we have acceptance back below $91K, entirely possible. On Friday 7th March President Trump is holding a Cryptocurrency summit at the white house, this will include David Sacks (crypto & AI czar), Founders, CEOs and members of the digital assets group. This comes off the back of confirmation of the "Crypto Strategic Reserve" that will contain BTC, ETH, SOL, XRP & ADA and was announced yesterday. I do not believe in coincidences so the timing of this is very interesting to me, to announce this on a weekend with very thin orderbooks and low volume after such a big sell-off had to be done on purpose IMO. The timing would guarantee a swift rally, I also believe the sell-off could be related to this announcement too, if a market maker like the US government has the means to create a more optimal entry, they will do just that. I could see the market being very cautious up until Friday, the $91K is a key S/R level and will determine if bitcoin backfills the weekly wick or moves up to weekly high.
by ProR35
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Gold Price ActionHello Traders! It's time to focus on Gold . Over the past two months, Gold has been in a strong uptrend , consistently forming Rally Base Rally (RBR) patterns. However, we are now seeing a shift in market structure . The price has recently rejected a new RBR formation and is beginning to create a Drop Base Drop (DBD) pattern. Trading Strategy: Swing Traders: This is a good opportunity to open a sell position and hold it as the bearish trend develops. Day Traders: Follow the daily market direction , but maintain a bearish bias . Key Points to Remember: The market is currently bearish . Focus on sell trades only until the market structure changes. We've seen strong demand over the past two months, but now it's supply's turn . The USD is strengthening , which supports a bearish gold market . Tips for Consistent Trading: Keep your analysis simple . Avoid overcomplicating your charts. Use multi-timeframe analysis to align your trades with the overall trend . Avoid overtrading and strictly follow your risk management rules . Remember, market structures repeat themselves. Stick to the process and trust your strategy. Wishing you all the best of luck and happy trading! Stay disciplined and trade smart. Thank you!
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by SuvashishFx
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CHFJPY - Bearish Again!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈CHFJPY has been overall bearish trading within the falling wedge marked in red and it is currently in a correction phase approaching the upper bound. 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 structure and upper red trendline acting as a non-horizontal resistance. 📚 As per my trading style: As #CHFJPY approaches the red circle, 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 Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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by TheSignalyst
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BTC: Lost Key Support! What’s Next?🚀 Hey Traders! If you’re finding value in this analysis, smash that 👍 and hit Follow for high-accuracy trade setups that actually deliver! 💹🔥 🚨 BTC Breakdown Alert! BTC has lost the critical GETTEX:87K -$90K support in the daily timeframe—a level it held strong for over 3 months! Now, it's looking like a bearish retest, which could lead to another leg down. 📉 🔻 Next Major Support: $72K-$75K ✅ Bullish Reclaim? BTC must close above GETTEX:87K on the daily to confirm this as a fakeout—until then, the bias remains bearish. 🔥 What’s your take? Are we heading lower, or will BTC reclaim its lost ground? Drop your thoughts below! ⬇️🔥
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by CoreCrypto1
ETH has broken its 2 year ascending trendlineI have been busy working on our AI Super Aggregator so have not been as active in the market but look at this chart, it looks not good. We have broken a 2 year ascending trendline, the only goodish news is that it looks like we are trying to assume a nearly horizontal channel versus some steep descending channel. Since we are at the bottom of that new channel I would expect some reprieve from the current descent but a good chance its just enough to come up and prove our old ascending channel as resistance before potentially heading back down to retest the bottom of channel support. Really most the broad crypto market looks not so great but some assets have been trying to break their descent, and for some assets they are so oppressed right now you have to wonder, how much lower can it go? Be vigilant, the market has already been cruel and at the moment it looks like it still has more anger to blow off.
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by EncryptShawn
bch midterm 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! 📊💡"
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by Golden_candle