Chart Patterns
Eth back to 4k parabolic sar and macd upEth back to 4k parabolic sar and macd up
We are getting close to a break out to go back to 4k with resistance at 3700.
We just had the daily mac d and parabolic sar go long/ upward.
If we break this asymmetrical triangle ( 70% success rate) we should be on our way back up
NFLX: I will take this weekly breakoutOh well, maybe it's not a good idea to enter after so many successful bases, but the story NFLX brought to life during last earnings is not bad at all.
I am mostly trading it as a swing trade, but with the bias that I want to be gentle with the way I raise the SL.
Familiar Territory for SOL, pt. 2Same lines! The yellow horizontal lines in this chart are the same horizontals from my last post. This level is major, ands look at the spring loading. Beautiful pennant that I’m praying breaks to the upside. 📈
What do you think? Up or down from here? It iiiiis previous resistance, but what becomes support?
25/01/2025 XAUUSD 2 MONTH Bearish PLANThe Last Ending Diagonal is Done , Next Just Wait it Falling Down Like waterfall 2 Month AGO
Disclaimer (Always Use STOP LOSS❗️)
"Sharing a social trading opportunity. This is a personal opinion, not a recommendation or financial advice. Trade at your own risk.”
XRP is looking bearish right now Why? Let's look at the clues:
That gap down (FVG) See that empty space where the price dropped suddenly? That's a Fair Value Gap, and it often acts like a magnet, pulling the price back down to "fill" it. 🧲
Red candles: Those strong red candles show sellers are in control, pushing the price lower.
Bollinger Bands Breakout: The price has burst below the lower Bollinger Band, suggesting a strong move down.
Fibonacci Retracement : Looks like XRP tried to bounce back, but it's struggling below the 38.2% Fibonacci level. That's not a good sign for the bulls!
What's next? 🤔
Keep an eye on that FVG ! If XRP drops to fill it, we could see a further decline.
Watch those Fibonacci levels. A break below the 50% level could signal more downside.
Disclaimer: This is just my take on the chart, not financial advice! Always do your own research before making any trading decisions.
CRYPTOCAP:XRP #crypto #trading #technicalanalysis #FVG #bearish
Bitcoin struggles to break through Dec 17 daily close. In this video I discuss how Bitcoin could not break through the high from Dec 17 close ($106,187), and how that has been a significant resistance level even though Bitcoin has traded higher intraday, it has not been able to close above that level.
POTENTIAL SHORT TREND Looking at the daily we are generally in a bullish trend but with a coming pullback due to break of structure created from the head and shoulders pattern created, before further upward direction.
4H broke fib overbought trend line with potential pullback.
Hourly is within discount zone with a likely potential to break out below discount (63019).
Price will likely break out below 63019 and retest area for bearish momentum and fill the inefficiency down to 62549
GMX Update
I am now considering GMX is making a more complex pattern, with multiple ABCs. It could be the initial wave of a leading diagonal, but at this moment it's just guesswork.
In the shorter term, I'm waiting for a break of the descending wedge which could signal the end of black C.
Bullish RSI divergence is already present, but without a higher high, it will just sit on my watchlist for now.
Gold Market Update: Weekly Pullback in ProgressHedges on the gold market mitigate the daily sub-supply zone at $2780, initiating a weekly pullback projected to reach $2750. This retracement is expected to set the stage for a return to the prevailing bullish sentiment, maintaining the market's upward trajectory.Yall sit tight , follow for more insights ,comment , and boost ideas .
BITCOIN BEARS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
It makes sense for us to go short on BITCOIN right now from the resistance line above with the target of 96,962 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band.
✅LIKE AND COMMENT MY IDEAS✅
AXS Price Analysis: The Road to $10, $13, and Beyond 50$The cryptocurrency market is heating up, and Axie Infinity (AXS) is positioning itself as a potential breakout star. Currently trading around $5.70, AXS is showing signs of accumulation, setting the stage for a significant move.
🔎 Market Structure & Key Levels
📊 Support Zone: Strong support is forming around $5.00-$5.50, indicating that buyers are stepping in.
📊 Breakout Zone: A breakout above $7.00 could trigger bullish momentum.
📊 Short-Term Targets: $10 and $13, based on previous resistance and Fibonacci levels.
📊 Long-Term Potential: If momentum builds, AXS could revisit $50-$100, aligning with historical uptrends.
🔥 Why AXS Could Rally in This Bull Market
🚀 Bullish Market Cycle: With Bitcoin leading the way, altcoins like AXS often follow with explosive gains.
🚀 Token Unlock Events: While unlocks can create short-term supply pressure, they also increase liquidity and market participation.
🚀 Smart Money Moves: Institutional investors and whales may accumulate at these levels before the next rally.
🌍 Macro Factors Boosting Crypto
💡 Pro-Crypto Sentiment: The new U.S. administration is leaning towards clearer crypto regulations, which could fuel mainstream adoption.
💡 Institutional Interest: BlackRock’s CEO Larry Fink believes Bitcoin could reach $700,000, suggesting crypto still has massive upside potential.
💡 Growing Adoption: As Web3 gaming gains traction, AXS stands to benefit from increased utility and user engagement.
📌 Investor Takeaway
AXS is currently at a discounted price, making this a strategic entry point for investors eyeing the next bull run. A break above $7.00 could confirm a strong uptrend, paving the way for double-digit gains in the short term and exponential growth in the long run.
🔔 Stay ahead of the market – monitor AXS closely and position accordingly!
GBP/CAD BEARS ARE GAINING STRENGTH|SHORT
Hello, Friends!
GBP/CAD is trending down which is obvious from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a classical trend following opportunity for a short trade from the resistance line above towards the demand level of 1.779.
✅LIKE AND COMMENT MY IDEAS✅
Gold Weekly Summary and Forecast 1/25/2025
Gold did behave as predicted in my post on Jan 18. And it did touch 2780 and retraced.
However, the retracement is not strong enough and the weekly close is very positive.
Although gold faces a strong resistance at 2780-2790. Looking at 2D TF, gold forms acceleration upward trend. Only when it closes below 2700, the trend will be overturned.
Therefore, I am still expecting a positive upward candle for gold next week.
It could retrace to 2730 and rise to 2858.
Let's monitor the PA in lower TF in the coming week.