Get started

Chart Patterns

Ethereum Danger Zone —Protection, Correction or Continuation?Ethereum can be seen trading below EMA55 on the 4H timeframe. The biggest volume session happened 9-May and it was red. This tells us that there is correction potential after a very strong 101.1% bullish growth wave. There are mainly three levels to consider for the correction potential after ~100% growth. 0.382, 0.618 & 0.786 Fib. retracement levels. After the test of these levels, whichever one comes last, we can read the chart again and see if Ethereum will continue lower or produce a bullish wave. One thing is very certain though, after strong growth, there is always a correction/retrace. This is what you are seeing now in this chart. The start of the drop. Taking action is best. The market moves in waves and will never stop this pattern, it fluctuates. To trade, one buy lows near support; sells high when resistance hit. 100% growth is very strong for the second biggest Cryptocurrency project, the #1 Altcoin. After a strong bullish wave there is always a correction. After the correction there can be more correction but at some point the market turns. Each chart/pair needs to be considered individually on multiple timeframes to have a better understanding as to what will happen next. In a single day, based on the news, market conditions can always change. Stay alert! Namaste.
Short
by MasterAnanda
1
Oil Price Stuck Near $60 Amid Geopolitical TensionsOil Price Stuck Near $60 Amid Geopolitical Tensions Oil prices remain near $60, driven by global uncertainty. In the Middle East, tensions persist as Israel continues its military actions in Gaza. Meanwhile, the war between Ukraine and Russia continues despite U.S. efforts to mediate. Reports indicate that Russia has used North Korean weapons to intensify missile strikes on Ukrainian infrastructure, raising concerns about Moscow’s reliance on Pyongyang. Adding to the uncertainty, Trump’s tariff policies are creating instability for major economies. However, OPEC+ has pledged to increase oil production in July, which could push prices lower. For now, $60 remains a strong support level. If the price breaks below this barrier, further declines could follow, as indicated on the chart. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
TVC:USOILShort
by KlejdiCuni
1
USDCAD: Bearish After the News 🇺🇸🇨🇦 USDCAD looks bearish after a release of today's fundamental news. A bearish breakout of a rising channel on a 4h time frame and a strong selling reaction after its retest provide a reliable bearish continuation. I think that the price may drop to 1.3743 support. ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Short
by VasilyTrader
1
Operation suggestions after the Fed's hawkish minutes! The news that the US federal court ruled to prevent the implementation of tariffs boosted market risk sentiment, and the safe-haven demand weakened accordingly. The gold price fell for the fourth consecutive trading day, hitting a new low in a week and a half. At the same time, multiple factors such as the hawkish signal released by the Fed's meeting minutes, the upward trend of US Treasury yields and the return of the US dollar index to the 100 mark jointly put pressure on the gold price. The recent continued weakness of gold is mainly affected by the dual impact of the rebound of the US dollar and the decline in safe-haven demand, but the medium- and long-term support factors are still accumulating, especially against the background of the Fed's maintenance of a high interest rate policy and the escalation of geopolitical tensions in the Middle East. It is necessary to pay attention to the release of the US PCE price index this week. This data will become an important reference node for judging the direction of the Fed's monetary policy and the trend of gold prices. The 4-hour chart of gold shows that the short-term trend is obviously weak. From the perspective of the moving average system, the short-term moving average is in a long arrangement, which continues to suppress the gold price, and the upward trend is further confirmed. In terms of operation, it is recommended to maintain a low-long strategy and focus on the long opportunities after the correction. The short-term trading strategy for the day is mainly to buy on dips. The upper resistance level is 3215-3220, and the lower support level is 3250-3245. The specific operation suggestion is to buy when the callback reaches 3388-3393, and this range needs to be paid special attention. Gold recommends buying when the callback reaches 3288-3293, with a target of 3305-3320, and hold when it breaks
OANDA:XAUUSD
by FredericaCrichton
BTC LONG TP:110,000 29-05-2025📈 TradingView Post: 🚀 LONG Setup Activated Entry between 105,400 and 106,000, targeting 109,500–110,500 on the 2H timeframe. Estimated duration: 30 hours ⏳ We’re looking at a fake Head and Shoulders — a trap setup with bullish reversal potential. This kind of move shakes weak hands before launching. If the price doesn’t play out within the timeframe, the setup is invalid. We don’t use indicators, we’re not out here drawing lines or cute little shapes — I just give you a clean trade. #BTC #PriceAction #Reydragon21
CRYPTO:BTCUSDLong
by ReyDragon21
eurusd 20 short-term market update short it exit 1160🏆 EURUSD Market Update m20 short-term trade 📊 Technical Outlook 🔸Short-term: BEARS 1160 🔸5 waves impulse completed 🔸1090/1240/1140/1350/1270/1410 🔸a/b/c/ correction 1160 🔸short sell and exit at 1160 🔸Price Target Bears: 1160 Key recent developments in EURUSD 📉 The U.S. dollar weakened as investors grew concerned over President Trump's proposed tax and spending bill, which could significantly increase the national debt 📈 The euro reached a one-month high after President Trump delayed the implementation of 50% tariffs on European Union imports, providing a temporary boost to investor confidence 🗣️ European Central Bank President Christine Lagarde suggested that the euro could become a global alternative to the U.S. dollar, contingent on strengthening the EU's financial and security infrastructure 📊 Technical analysis indicates that the EUR/USD pair may edge higher within a range of 1.1360 to 1.1420, though upward momentum is slowing 📉 Soft inflation data from France has increased selling pressure on the euro, as markets anticipate a stronger divergence between the Federal Reserve and the European Central Bank 📉 The EUR/USD pair is under bearish pressure, trading near 1.1350, as the U.S. dollar finds demand ahead of upcoming economic data and ongoing Senate tax debates
Short
by ProjectSyndicate
42
EURUSD | Bearish Divergence | Bearish MomentumCurrently, EURUSD is clearly in a downtrend, consistently forming lower lows and lower highs, confirming a bearish market structure. According to Dow Theory, the recent bullish momentum has now shifted into a confirmed downtrend. Additionally, the 1-hour trendline support has been broken, signaling weakness in the previous bullish leg. We now anticipate a pullback toward the recently broken structure or resistance zone, where further bearish continuation is likely. On the 1-hour timeframe, a well-formed bearish divergence on the RSI adds confluence to our bias, indicating weakening bullish momentum and a potential trend continuation to the downside. Since our initial entry was slightly late, we’ve strategically placed a limit order near the retest zone and executed a partial position at the current market price to secure early exposure. Overall, structure and momentum both align with short-term bearish sentiment.
Short
by awaisulabdeen
GOLD (XAUUSD): Detailed Daily Time Frame Analysis Gold is officially in correction now. Analysing a price action on a daily time frame, we can see a valid bullish flag pattern. A minor trend that we see within the boundaries of the flag reflects a global overbought state of the market. The upper boundary of the flag is a strong vertical resistance that concentrates a selling interest. An accurate signal of a resumption of a bullish trend will be a breakout and a candle close above that. A bullish wave will be expected at least to 3420 then. Remember that we can not predict how long the market will keep trading within the flag. Also, the market may easily drop lower within that, updating the low. If a correction continues below the low of a flag pole, that may signify a global bearish reversal. Of course, from a current geopolitical and economic perspective it is a low-probability scenario. ❤️Please, support my work with like, thank you!❤️
FOREXCOM:XAUUSDLong
by VasilyTrader
1
"PEPE 1H Analysis - Breakout Incoming? 📊 *PEPE/USDT – 1H Technical Analysis* An ascending triangle pattern is developing on the 1-hour timeframe, which often indicates potential bullish momentum. 🟢 Price is approaching a key resistance near *0.00001516*. 🟡 A clean breakout above this level with strong volume may open the door for further upside. 🔴 Watch for *confirmation* before considering any move. 🔍 This chart is purely for educational and analytical purposes. No financial advice. Do your own research before making any trading decisions. #PEPE #PEPEUSDT #Crypto #TechnicalAnalysis #TradingView #Altcoins
by Smart_Trading_Strategy
ETHEREUM Break above this level and things get real interesting!Ethereum (ETHUSD) broke above its 1W MA50 (blue trend-line) this week and will attempt to close the week above it to confirm the official restoration of the long-term bullish trend. Regardless of that, there is another hidden trend-line that may dictate the pace of that potential bullish break-out and is no other than the underlying Pivot trend-line that started on the June 13 2022 market bottom and acted as Higher Lows up until February's Tariff fueled correction. As a result, this is now posing as a Resistance and a break above it should technically deliver rallies similar to the Bullish Legs of 2023 - 2024. Our 4100 Target remains intact. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:ETHUSDLong
by TradingShot
1
NVIDIA Massive Cup and Handle targets $200.NVIDIA Corporation (NVDA) is pulling back aggressively following yet another positive Earnings report, where they beat the estimates again but the market is reacting with selling. That has been a 'norm' in the past 12 months but even from a technical standpoint, the price reached the 143.60 Resistance level (made of the February 18 High), so profit taking is technically normal market behavior here. On the longer term however, this Resistance test potentially forms the top f a very powerful pattern, the Cup and Handle (C&H). At the moment, the market has the support of both the 1D MA200 (orange trend-line) and 1D MA50 (blue trend-line) and the Handle, which has just started, has some room to safely consolidate for a while before the pattern break-out upwards. Technically, C&H patterns reach their 2.0 Fibonacci extensions after the break-out, so our medium-term Target is set at $200. Notice also the Bearish Divergence on the 1D RSI, which is similar to that of late October 2024. A break below the 1D MA50 risks the bullish structure on this pattern. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:NVDALong
by TradingShot
Gold Trade Plan 30/05/2025Dear Traders, The market is currently ranging between 3250 and 3330. The midline zone of the range box, around 3285–3290, is a key area for the continuation of the bullish trend. Price has bounced upward several times after touching this zone. If the 3285–3290 area is broken, the price is likely to drop first toward the 3250 level. if you enjoyed this forecast, please show your support with a like and comment. Your feedback is what drives me to keep creating valuable content." Regards, Alireza!
OANDA:XAUUSDLong
by alirezak
XRPUSD at weekly support, ready to aim for 3$XRPUSDT is currently sandwiched between weekly support WS1 and weekly resistance WR1. The price is currently trading inside weekly support WS1. This is the place from where it should find support and gather necessary momentum for a bounce. The bounce from WS1 shall lead the price to the daily resistance around 2.57 marked with horzontal blue line on the chart. There the price is likely to face some pullback towards 2..36 only to come back again with force to go beyond this daily resistance zone. This next move upward after the pullback from daily resistance around 2.57, shall lead the price to weekly resistance WR1 around 3$.
BINANCE:XRPUSDLong
by angela_altair
Bitcoin faces increasing selling pressure! Bitcoin surged to a new all-time high this week, marking the third all-time high (ATH) of this cycle, sparking widespread market activity. Glassnode data shows Bitcoin profit-taking surges at record highs According to analysis by Glassnode researchers Cryptovizart and Ukuria OC, the breakout indicates accelerated investor participation in exchanges, derivatives, and exchange-traded funds (ETFs), though the $120,000 region could trigger heightened selling pressure. Glassnode’s latest “Heating Up” report details how Bitcoin’s rise has pushed unrealized profits to “ecstasy phase” levels, with the relative unrealized profit indicator exceeding its +2σ band. Still, profit-taking remains below historical extremes, with the firm noting that only 14.4% of days saw higher realized profits. Analysis by Cryptovizart and Ukuria OC highlights that current spending behavior is “dominated by profit-taking,” as coins deposited to exchanges have realized an average gain of $9,300 — 12 times the losses. Glassnode has observed a significant uptick in exchange activity. Centralized platforms now handle 33% of Bitcoin’s on-chain volume, a significant rise in line with price discovery. Researchers link this to increased trading demand, with exchanges seeing daily inflows/outflows of $4 billion to $8 billion. The enthusiasm is also reflected in the derivatives market, Glassnode reports. Futures open interest has surged 51% since April to $55.6 billion, while options have reached an all-time high of $46.2 billion. The report further highlights that this reflects a “sophisticated investor base” using complex strategies. Spot ETF inflows have exceeded $300 million per day, maintaining buy-side pressure since late April. Glassnode sees this as a “meaningful tailwind” for the recent breakout of all-time highs from institutional and retail demand. Technically, Bitcoin is trading above key momentum indicators (111DMA: $91.8K; 200DMA: $94.3K; STH cost basis: $95.9K). However, Glassnode’s MVRV ratio positions the price in the area between +0.5σ ($100.2K) and +1σ ($119.4K) — a region historically associated with overheating. The researchers warn that the $120,000 level is consistent with the STH cost base +0.5σ and could accelerate seller pressure. Glassnode concludes that while accumulation and leverage trends indicate bullish momentum, consistent behavior around psychological resistance levels such as $120,000 calls for caution, echoing previous cycle patterns.
Short
by MartinaPritt
1
NTPC GREENEntry-Exit Strategy (Bullish Harmonic + W Pattern) Entry (Buy Zone): Price Range: ₹110 - ₹114 The stock has broken out above the neckline (around 110) and is currently trading at 112.83. This zone is ideal for a breakout pullback entry. Stop Loss (Risk Control): Stop Loss: ₹98 This is just below the recent bottom (Point C). If the price closes below ₹98, the pattern becomes invalid. Target Levels (Profit Booking): Target Price Level Reason Target 1--125 First resistance / Fibonacci level Target 2--138 Previous major swing high Target 3--150 Harmonic pattern completion If you find this helpful and want more FREE forecasts in TradingView, Hit the 'BOOST' button Drop some feedback in the comments below! (e.g., What did you find most useful? How can we improve?) Your support is appreciated! Now, it's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Have a successful week DISCLAIMER: I am NOT a SEBI registered advisor or a financial adviser. All the views are for educational purpose only
NSE:NTPCGREENLong
by milanpatel007
BTCUSD: About to explode to 135k by July.Bitcoin is about to turn neutral again on its 1D technical outlook (RSI = 57.730, MACD = 3423.900, ADX = 23.501) as it is expreriencing the strongest pullback since the start of its April bottom. Having completed a 1D Golden Cross like on October 27th 2024, this pullback seems a lot like the one that suceeded that Cross, which tested the LH trendline and marginally crossed under it and as it held the 1D MA50, resumed the uptrend and exploded to the 3.382 Fibonacci extension. That is our target on a July horizon (TP = 135,000). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:BTCUSDLong
by InvestingScope