Get started

Chart Patterns

Bitcoin - Last stage of the pump! (sell here and wait 50% crash)Bitcoin is in the last stage of the bull run. Buying Bitcoin at 93,000 is not worth it for the long term because you will be able to buy it cheaper in 2025/2026 at the price around 60,000-50,000. The moon boys are back and everyone is very bullish; that is usually a sign of a cycle top. Bitcoin always moves in significant cycles and is highly volatile. New people don't know it, and their finances get completely ruined with each bearish cycle. Let's look at the technical analysis. Always start with simple trendlines. We can draw a very nice trendline starting from wave (1) -> wave (3). These 2 points are significant swing highs. This gives us a current profit target of 107,000 USD in December 2024. Next, what we want to do is look for the Fibonacci extension levels. As per Elliott Wave analysis, we are in the last wave (5), You want to draw the fibonacci extension from the start of wave (1) to the end of wave (3) and the second point will be the end of wave (4). This also gives us a profit target of 107,000 USD! This is not random; this is pure skill. 95% of retail traders don't use the Fibonacci extension tool, and among the 5% of users, 95% of them don't know how to use the tool properly. I know how to use it properly with the Elliott Wave theory, as I have been trading crypto for almost 10 years. Enter a short position at 94,500, first profit target 92,480, second 91,062. Write a comment with your altcoin, and I will make an analysis for you in response. Also, please hit boost and follow for more ideas. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!
Short
by Xanrox
37
GOLD ROUTE MAP UPDATEHey Everyone, A Piptastic day on the charts today once again hitting our targets and playing out, as analysed. After completing our targets this week yesterday we stated that we had a cross and lock above 2622 opening 2649 and as long as 2622 holds and we don't see a cross and lock below 2622, 2649 will remain open. - This played out perfectly, as 2622 held without ema5 crossing and gave the support for our Bullish target at 2649 to be hit, completing this target!! We will now look for ema5 to cross and lock above 2649 to open the range above or failure to lock above will see price test the lower Goldturns for support. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up and knowing we have gaps above, allows us to safely buy from dips. We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. BULLISH TARGET 2574 - DONE EMA5 CROSS AND LOCK ABOVE 2574 WILL OPEN THE FOLLOWING BULLISH TARGET 2599 - DONE EMA5 CROSS AND LOCK ABOVE 2599 WILL OPEN THE FOLLOWING BULLISH TARGET 2622 - DONE EMA5 CROSS AND LOCK ABOVE 2622 WILL OPEN THE FOLLOWING BULLISH TARGET 2649 - DONE EMA5 CROSS AND LOCK ABOVE 2649 WILL OPEN THE FOLLOWING BULLISH TARGET 2678 BEARISH TARGETS 2551 EMA5 CROSS AND LOCK BELOW 2551 WILL OPEN THE FOLLOWING BEARISH TARGET 2525 EMA5 CROSS AND LOCK BELOW 2525 WILL OPEN THE SWING RANGE SWING RANGE 2506 - 2484 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
17
DOGECOIN ( 0.55$ ) is uploading Hello and greetings to all the crypto enthusiasts, ✌ In several of my previous analyses, I have accurately identified and hit all of the gain targets. In this analysis, I aim to provide you with a comprehensive overview of the future price potential for Dogecoin, 📚💣 We are likely to witness a 37% rise in the coin’s price soon, though short-term bearish movements or consolidation phases could occur before the major uptrend. These patterns are often seen before a significant surge. 💡🙌 To better manage these fluctuations, I’ve highlighted key support levels using Fibonacci retracements. Recently, the coin surpassed several long-standing resistance levels, signaling an important shift. 💡📚 This is a key development, as the coin gains momentum with higher trading volumes and growing social media influence. 💡🎇 🧨 Our team's main opinion is The coin is poised for a 37% price increase, despite potential short-term fluctuations, as it gains momentum with key support levels and increasing market influence.🧨 Thank you for your attention. If you have any questions or comments, I’m here to respond to you. 🐋💡
Editors' picks
Long
by MadWhale
6
Hellena | Oil (4H): Short to 100% Fibo lvl 62.238.Colleagues! If we believe the wave pattern, the price is now in a strong impulsive downward movement. I believe that the price will renew the lows and rush to the area of 100% Fibonacci extension to the area of 62.238. Wave 3 lower wave should be completed there. But we should not forget that the price is in wave 3 of the higher and middle order, which means that there are more chances for a downward movement! There are 2 possible courses of action: 1) The riskier one is to open a short position on the market. 2) Conservative - wait for the price to rise, and enter with less risk. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
PEPPERSTONE:SPOTCRUDEShort
by Hellena_Trade
23
Bitcoin Dominance AnalysisBitcoin Dominance Analysis Bitcoin's market dominance is climbing steadily, currently at 59.4%, marking a 2.30% increase. This trend highlights Bitcoin's strengthening position in the crypto market. Here's a detailed look at the data: Bitcoin’s Dominance (BTC): Current Value: 59.4% – Bitcoin continues to outpace altcoins, with a solid upward trajectory. Historical Context: Yearly High: 60.0% (Nov 14, 2024). Yearly Low: 49.6% (Jan 19, 2024). Ethereum’s Market Share (ETH): Current Value: 12.1%, down 1.70%. Ethereum's share is declining, reflecting Bitcoin's growing dominance over the broader crypto ecosystem. Other Altcoins (Others): Current Value: 28.5%, a slight dip of 0.60%, indicating that altcoins are losing ground as investors focus on Bitcoin. Strength of BTC’s Rally: Bitcoin dominance is moving closer to the critical 60% threshold, signaling increased confidence among institutional and retail investors. Altcoin Season Delayed?: As Bitcoin dominance rises, funds may flow out of altcoins. This suggests a delay in a potential altcoin season until BTC stabilizes. When BTC dominance peaks, it often precedes significant moves in altcoins. A reversal of dominance could signal new opportunities in the altcoin market.
CRYPTOCAP:BTC.DLong
by VIPROSE
6
GOLD → Market confirms downtrendFX:XAUUSD is testing resistance of a key descending channel. Bears continue to resist based on important fundamental aspects of the global economy Fears of further geopolitical escalation between Russia and Ukraine are likely to subside a bit. In addition, the Fed speech will help determine the U.S. central bank's future path on interest rates. Attention is focused on the December rate meeting.... Technically, the gold confirms the downtrend channel, so we have a key trend to follow in our trading decisions. A false breakdown of the local resistance at 2627 is forming. Consolidation of the price below this zone may provoke further decline Resistance levels: 2627, 2643 Support levels: 2694, 2560 Another resistance retest is possible. It will be possible to talk about buying after the price will be able to break 2643 and consolidate above this zone (additional scenario). But in priority I consider further decline from 2627 or from the channel resistance Rate, share your opinion and questions, let's discuss what's going on with ★ FX:XAUUSD ;) Regards R. Linda!
FX:XAUUSDShort
by RLinda
7
Bitcoin Roadmap==>>BTC will touch $87,000!?After re-entering the Potential Reversal Zone(PRZ) , Bitcoin( BINANCE:BTCUSDT ) started to decline .The PRZ I drew ✅works fine✅. According to the Elliott wave theory , it seems that main wave 4 can continue . Most likely, its structure can be a Double Three Correction(WXY) , so Bitcoin is completing microwave Y of the main wave 4 . We can confirm this wave count after breaking the Support lines . Considering Bitcoin's downward momentum , I expect it to break the Support lines in the coming hours and at least decrease to the Support zone($86,700-$85,000) . Educational tip : We can confirm the descending channel if Bitcoin rises again from the Support zone($86,700-$85,000). ⚠️ Note: If Bitcoin touches $91,500 again , it could form a new All-Time High(ATH) .⚠️ ⚠️Note: If Bitcoin loses the Support zone($86,700-$85,000), we should expect a further decline in Bitcoin.⚠️ Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰. 🔔Be sure to follow the updated ideas.🔔 Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
45
XAU/USD : More Fall Ahead ? (READ THE CAPTION)Analyzing the #Gold chart on the 4-hour timeframe, we notice that today’s market opened with a positive price gap between $2563 and $2566 . These types of gaps often act as magnets for price action, as markets tend to fill such gaps over time. Based on the current bullish momentum, I expect a price correction in the near future to fill this gap. Looking deeper into the structure, we can see that gold’s recent rally has managed to fill the Fair Value Gap (FVG) from the previous bearish move to a significant extent. However, it still has room to climb and fully fill the gap at $2606. This level could serve as a critical zone where we might observe a strong price reaction . Keep this level on your radar—it could either confirm a continuation of the bullish trend or trigger a reversal. From a broader perspective, the ongoing geopolitical tensions in the Middle East and the Ukraine-Russia conflict continue to provide a safe-haven bid for gold. These factors have been instrumental in driving demand, even as the US dollar shows signs of consolidation after its recent strength. On the macroeconomic front, recent data showed strong US retail sales for October , indicating resilience in the economy. However, there’s growing uncertainty around the Federal Reserve's policy direction. Markets currently price in a 65% probability of a 25bps rate cut in December, which could weigh on the dollar further and provide support for gold in the medium term. From a technical standpoint: 1. Gold remains in a bullish structure, but short-term corrections are expected due to overbought conditions and the need to fill the gap at $2563-$2566. 2. The $2606 level acts as a magnet for price, as it marks the full closure of the previous FVG. Monitor this level closely for signs of rejection or continuation. 3. In case of a rejection at $2606, a retest of support levels near $2545-$2550 could be on the cards, aligning with the gap fill. Key Levels to Watch : - Support: $2563 (gap low), $2545 - Resistance: $2606 (FVG top), $2620 To summarize, while gold’s rally has been impressive, the presence of both the unfilled gap below and the remaining FVG above suggests that the market could be at a pivotal point. Watch these levels carefully, as they are likely to guide gold’s next move. Previous Analysis : Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
OANDA:XAUUSDShort
by ArmanShabanTrading
40
Bitcoin can exit from pennant and rise to new ATH (98K points)Hello traders, I want share with you my opinion about Bitcoin. By observing the chart, we can see that the price rose from 75750 points to 81000 points and then made a little correction. After this, the price made a strong impulse up to the 87700 support level. Also then price started to trades inside the pennant, where it later broke the 87700 level and then tried to grow more, but failed and some time traded between this level. Then BTC bounced from the buyer zone and rose to the resistance line of the pennant, after which at once turned around and made a correction back to the buyer zone. Next, prices not long time traded in this area and later continued to move up inside the pennant. Soon, the price reached the support line of this pattern, and continued to move up near this line and some time later BTC rebounded from this line to the resistance line. A not long time ago, the price turned around and made a small correction, after which in a short time, it backed up. At the moment, the price trades near the resistance line of the pennant. So, I think that BTC can fall to the support line and then rebound up higher than the resistance line, thereby exiting from the pennant pattern. Also, I expect that then price will continue to grow, therefore I set my TP at 98K points. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
4
+100/+200 pips gbpnzd m20 short from resistance short-term🔸Hello traders, let's review the 20 minute chart for GN today. Price contained withing sliding bear channel previously rejected multiple times from overhead resistance. 🔸Currently expecting price to pump into overhead resistance and complete a double top at 1610, that's the likely PRZ level. 🔸Previously rejected from overhead resistance, sequence of lower highs in progress and expecting yet another rejection into double top and also re-action with the bear channel. 🔸Recommended strategy for GN traders: short sell high at 1610 SL 50 TP1 +100 pips TP2 +200 pips final exit at 1400. good luck traders! 🎁Please hit the like button and 🎁Leave a comment to support our team! RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
Short
by ProjectSyndicate
10
DOGS more gain Hello and greetings to all the crypto enthusiasts, ✌ In this analysis, I aim to provide you with a comprehensive overview of the future price potential for Dogs, 📚💣 DOGS is a new type of token, similar to other recent projects like Homestar and Notcoin, which are part of the new generation of cryptocurrencies. These tokens are being launched and promoted in innovative ways, with heavy reliance on social media platforms from the very start. 📚💡 While other tokens often use social media for building communities and advertising, DOGS and similar tokens are essentially built around these platforms, making them more integrated with digital communities. Given their strong social media presence and unique approach, I’m personally optimistic about their future, especially for beginners exploring this new world of tokens. This trend represents a shift in how tokens are developed and marketed, offering fresh opportunities for newcomers in the space. 📚🙌 Based on the chart, we are witnessing a significant increase in trading volume, which suggests growing interest and activity around the token. Additionally, the price has broken through key resistance levels to the upside, indicating a potential upward trend. This breakout is a positive sign, as it often precedes further price gains. 📚✨ Given the combination of rising volume and the technical breakout, we can expect to see more upward movement and potentially greater profits in the near future. This technical analysis supports the optimistic outlook for the token's growth. 📚✌ 🧨 Our team's main opinion is DOGS is a new token, similar to Homestar and Notcoin, gaining popularity through innovative social media-driven promotion. With rising trading volume and a breakout above resistance levels, the token shows strong potential for future growth and increased profits. 🧨 Thank you for your attention. If you have any questions or comments, I’m here to respond to you. 🐋💡
Long
by MadWhale
3
Solana - Finally Initiating The Bullish Breakout!Solana ($CRYTO:SOLUSD) is finally breaking above the highs: Click chart above to see the detailed analysis👆🏻 In the end of 2023, Solana create a so called reversal triangle breakout and rallied more than +1.000% over the past couple of months. However looking at the current all time high breakout rally, this might still just be the beginning of the next massive Solana bullrun. Levels to watch: $200, $500 Keep your long term vision, Philip (BasicTrading)
CRYPTO:SOLUSDLong
by basictradingtv
2
GBPCAD H4 300 pips dump incoming short it🔸Hello traders, let's review the 4hour chart for GBPCAD today. Weak support breakdown in progress currently on H4 and I don't expect it to hold the sell side pressure. 🔸There is no strong S/R zones until 7440 currently we are trading at 7730 so I expect the price to slide through the weak s/r zone. S/R zone was tested multiple times recently and only produced a weak bounce therefore expecting breakdown and new dump. 🔸Recommended strategy for GBPCAD traders: short sell at market or short sell any weak bounces near market price, SL 60 pips TP1 +150 pips TP2 +300 pips. good luck traders! 🎁Please hit the like button and 🎁Leave a comment to support our team! RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
Short
by ProjectSyndicate
14
Hellena | GOLD (4H): Long to resistance area of 2646.Dear colleagues, I believe that the price will complete the correction very soon and the upward movement will start. I think that wave “C” is almost complete. The support area is quite wide (2512), because it is from these levels we should make a conservative entry into a long position. But there is a possibility that the price has completed wave “C” at 2537. In this case, the upward movement has already started. I am still inclined to the fact that the price will renew the minimum, but the target in any case is the resistance area of 2646. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
OANDA:XAUUSDLong
by Hellena_Trade
10
Bitcoin BULLRUN is melting facesBTC has confirmed the onset of a bull run, with price action now confined within a robust ascending channel, projected to guide movements throughout the remainder of the current market cycle. A sharp corrective move toward the immediate buy-back zone is anticipated, offering an optimal entry point for buyers. Key targets have been meticulously outlined on the chart, providing a clear roadmap for both short-term and extended projections. Congratulations to all who have been tracking our Bitcoin updates; achieving this milestone is a significant achievement for our community.
Long
by weslad
5
FETUSDT - promising chart with ,2 conditionsWeekly chart looks promising for longterm Actually fet already at the bottom As is clear, the previous rise Two important conditions are met to achieve more than 1400% in bullish rally (Fibonacci target 1.618) Breaking the 0.618 Fibonacci level and the falling wedge pattern on the weekly frame. The same thing is happening now! , as you can see It only needs a weekly close above the triangle pattern, 0.618 with a huge green candle, and its target is 600%. (1.618 Fibonacci) Do not forget that FET is a currency with a strong project and the leading currency in the field of AI Price now at the real bottom Best regards Ceciliones 🎯
Long
by ceciliones
3
Bitcoin Turns Bullish: The Start Of A New Cycle (Altcoins Boom!)November is the month that BTCUSDT (Bitcoin) starts growing above a 1,279 days long resistance range. This range, between $65,000 and $74,000, worked as resistance between April 2021 and October 2024. In November 2024, Bitcoin entered a new phase in its evolution. We are now in price discovery, anything is possible. Good evening my fellow supporter, I am happy to write for you again today. When in doubt, zoom-out! Are you feeling doubt? No doubt here so no need to zoom-out. To get a clear picture, focus on the long-term. For easy planning, focus on the long-term. For sure success, consider the long-term. For higher accuracy when reading a chart, focus on the long-term. Bitcoin monthly is going bullish now; it is bullish now; growing now and forging ahead. How are you feeling in this beautiful night and day? We have a full green candle this month and Bitcoin is growing like there is no resistance on the way up. Seven months of consolidation and this is what we get, long-term growth. Feeling good, feeling nice; feeling great. What choices to make to maximize profits and achieve success? What to expect? No guessing necessary. Focus on the price. We are going up! Thank you for reading. Altcoins Market Confirmed Opportunity We are in this great position right now where we know exactly what will happen next. We are in a situation that we've been in before. In the past, we knew of the upcoming bull-market beforehand but we were not as prepared as we are today. In the past we knew it was coming but we couldn't tell beforehand how strong was going to be the bullish wave. We are in this amazing position now where we know what will happen, with certainty beforehand. We know 2025 and beyond. We know the bull-market of 2025 and the Altcoins are still trading low. Seeing Bitcoin this high. Seeing this amazing growth, we know the Altcoins will follow. It happens all the time, like clockwork; tick, tick, tick... 2021, 2017, 2013... Remember? 2024 is ending, the next one is 2025; it will be massive, we know the top. In the past we would be uncertain because the market was young and the fight was still on. Just recently, the powers that be were fighting Crypto... Not anymore. We know what is coming but we can end up making the same mistake. We can underestimate the market. The final results can end up being many times beyond anything we expect. It has been always like this in the past. We prepare for 800% and the pair grows 5,000%. Next time we prepare for 2,500% and the pair grows 8,000%. How much are you prepared now for the bull-market that is sure to come? it is already confirmed, it is confirmed because Bitcoin is growing and what Bitcoin does, the Altcoins follow. Many Altcoins are still trading low... Read this, still, but not for much longer. Low prices will be something of the past; time is running out. Lucky we are, fortunate, to be able to be here knowing exactly what comes next. Are you looking for financial freedom? No need to look any further, Cryptocurrency, mainly the Altcoins... We will know based on the results. We are expecting a massive bull-market. We are going mainly with the classic, 1-2 main waves and some 300 days of sustained growth; but, remember, the world is changing, we don't know if some pairs will grow for decades just like the stock market did after it matured. Crypto is young but growing and evolving everyday. We are no longer in the dark days of Crypto. Cryptocurrency is now mainstream, the dynamics are changing and for the better; what to expect? Expect maximum growth. 2024, 2025, 2026, 2027, 2029 and beyond. Focus, plan and prepare for the long-term. This is my honest advice. Thank you for reading. Namaste.
Long
by AlanSantana
3