Chart Patterns
Bearish drop for the Gold?XAU/USD is rising towards the resistance level which is an overlap resistance that aligns with the 38.2% Fibonacci retracement and could drop from this level to our take profit.
Entry: 2,882.39
Why we like it:
There is an overlap resistance level which is an overlap resistance that aligns with the 38.2% Fibonacci retracement.
Stop loss: 2,924.57
Why we like it:
There is an overlap resistance level that is slightly below the 78.6% Fibonacci retracement.
Take profit: 2,830.85
Why we like it:
There is a pullback support level.
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Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Waining Bearish Momentum on DOGS (Bullish Reversal Incoming)I will use a classic signal to explain this one, because I can.
DOGS produced a double-bottom. Really high volume on the 3rd of February, much lower volume on the 25th. That's it. That's the classic signal and the entire analysis in summary.
Ok. You want to be entertained, correct?
Let's go further.
Look at the size of the candles, we are using the linear chart. It is necessary to have this setting to be able to spot this signal.
On the left side, the candles are really big. This big candles indicates momentum. To the right side, the candles are very small. This indicates a loss of momentum.
We have a down move with waining momentum. The loss of momentum means that the move is reaching its end. After a down move comes a bullish move, it is the only possible option because the market moves in only two ways, bearish and bullish, down and up. Wait, there is a third option, sideways...
So DOGS went down then sideways, down then sideways with waining bearish momentum.
DOGS will stop going down and soon will start to go up.
This is literally the message that is coming from this chart.
The chart is also saying, buy and hold.
Thanks a lot for your continued support.
Namaste.
Bitcoin at Critical Support: Technical Analysis and Trade Idea📊 Bitcoin (BTC) is currently trading at a critical support zone, offering potential opportunities for both counter-trend trades and short setups! 🚀 In this video, we break down Bitcoin's price action and market structure on the daily and four-hour timeframes, focusing on key areas such as liquidity zones, bearish imbalances, and Fibonacci retracement levels. Discover how to identify higher highs, higher lows, and potential trade setups for both long and short positions. 💹 Whether you're an experienced trader or just getting started, this analysis will give you the tools to navigate Bitcoin's current market dynamics with confidence. 🔄 As always, this content is for educational purposes only—trade wisely and stay safe! 💡
BTC sellHello, trader.
Shown in different colors to be more visual, but I recommend that you take and copy the pattern through Bars and overlay, maybe you will notice something for yourself. Also taking into account that this is a classical pattern, there were ideas earlier on this pattern. Now the situation is short, very
Aptos APT Will Reach $100 This CycleHello, Skyrexians!
Recently talked enough about the Bitcoin and Dominance, it's time to come back to altcoins with great potential. This is time for BINANCE:APTUSDT because it looks like to flash the insane long signal.
Let's take a look at the weekly time frame. We cannot define the Elliott waves, but we have the great performance in the past by the Bullish/Bearish Reversal Bar Indicator on this asset. Recently it flashed the green dot. You can see how it performed in the past. Moreover t is happening next to 0.61 Fibonacci zone. We can consider this move a a huge accumulation before the bull run. The target for the long term is $100.
Best regards,
Skyrexio Team
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USDZAR-SELL sgtrategy 6 hourly chartthe pair has indeed moved higher as expected, but more than I thought would be possible on a short-term basis. now we have reach near 18.7000 almost, and declined near 18.6000. We are trading above regression channel and this suggest caution, and since slightly overbought, think sell strategy might make sense at this moment in time.
Strategy SELL @ 18.6350-18.6975 and take profit near 18.4750 for now.
Disney Weekly Update : Bullish Disney Weekly Update: Technical Analysis (03/02/2025)
In this analysis of Disney's weekly chart ( NYSE:DIS ), we observe key technical developments:
Major Resistance Breach: The price has broken above a long-term descending trend-line, signaling potential bullish momentum.
Consolidation Zone: After the breakout, the price is consolidating in a tight range near $113. This indicates indecision, with a possible continuation if resistance at this level is cleared.
Ichimoku Cloud Support: The price is trading above the Ichimoku Cloud, which acts as a strong support zone around $101-$107. This suggests that the bullish trend remains intact unless the price falls back into the cloud.
RSI Divergence: The RSI shows a bullish divergence, with higher lows forming as price consolidates. This supports the case for further upward movement.
Key Levels to Watch:
Resistance: $121 (top of consolidation zone)
Support: $107 (cloud support) and $101 (cloud base)
Potential Scenarios:
A breakout above $121 could lead to a bullish continuation toward $135-$140.
A breakdown below $107 would invalidate the bullish setup and may signal further downside.
Breakout in Organogenesis Holdings Inc...Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. Please consult your financial advisor before taking any trade.
ADA and XRP Wave 2 correction?Wave and XRP are mirroring each other today. If the pump of this morning is the signal of W1 of a new cycle, we are now in a W2(correction). Based on the price movement from this afternoon, bulls are very strong, maintaining wave B of this correction in a range above 38.2%. It is clear that this correction will follow one of the rare Wave 2 patterns, but we must now observe to identify which. I can see an expanded flat pattern shaping up, but that will only be possible if the bulls let lose and sellers step in. If bulls maintain their strength, a running flat or flat correction might happen.
*I am not an analyst, this analyses is my Elliot Waves learning practice. Please correct me or give me advices on improving.*
On The Maco Level SPY is screaming a crash is comingAMEX:SPY is basically at every metric for being over-extended. From the Shiller PE ratio surpassing the all time highs to the buffet indicator at al time highs, take your pick, they all say the same thing. The Chart's trend is dying and the sell offs have been the initial weakness warning signs that retail traders are missing big time rn. Smart money is clearly selling the farm rn and the volume data on the chart backs it up. SPY is a clear sell in imo.
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!
XAGUSD H4 | Bearish ContinuationBased on the H4 chart, the price is approaching our sell entry level at 31.42–31.54, a pullback resistance.
A rejection at this level could drive prices lower toward our take profit at 30.87, an overlap support.
The stop loss is set at 32.00, a pullback resistance.
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Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
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Bearish drop?USD/JPY is rising towards the resistance level which is a pullback resistance that lines up with the 71% Fibonacci retracement and could drop from this level to our take profit.
Entry: 151.26
Why we like it:
There is a pullback resistance that lines up with the 71% Fibonacci retracement.
Stop loss: 152.20
Why we like it:
There is a pullback resistance that is slightly 61.8% Fibonacci retracement.
Take profit: 150.05
Why we like it:
There is a pullback support level.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
DigiByte Update & 2025 Bull-Market Dynamics (8 Months Bullish) DigiByte's bull-market can develop in a period of 8 months. DGBUSDT can produce 3 months of growing prices followed by a 2 months long correction, after the correction bottom ends as a higher low we get 3 additional months of bullish action and this produces the final peak in late 2025. This is a rough estimate.
Coming from this perspective, we can expect the initial wave to take some time to develop. Something like bullish consolidation. We would see slow and steady growth for 1-2 months and then a major burst forward. This is how the market normally tends to behave.
Right now we are seeing a small bullish breakout from a falling wedge pattern but it is easy to notice that the trading volume is low. This is a start but it can take a while for bullish momentum to grow.
If you would like to see the 2025 ATH targets and projections, just visit my profile and search for DGBUSDT using the search filter, this will give you several publications with long-term targets.
Thanks a lot for your continued support.
DGBUSDT is now trading within a long-term higher low. Higher lows since July 2024. Expect strong action to be present by May. There will be lots of growth, lots of fun and tons of profits.
Thank you for reading.
Namaste.