Rounded Top Forming – Will XRP Hold the $2 Support Line?CRYPTOCAP:XRP is currently showing signs of weakness as it continues to drift lower beneath a rounded distribution arc. The price action indicates a potential rounded top pattern, which typically suggests a gradual shift from bullish to bearish sentiment.
The asset has broken below the mid S/R zone and is now trading near a crucial strong support area, just above the 200 EMA — which is acting as dynamic support at around $1.95. This level is a key battleground for bulls and bears.
DYR, NFA
Chartpattren
Gold (XAUUSD) Bullish Reversal Setup – FVG Entry to EMA 200 ResiThis chart shows a potential bullish setup for Gold (XAUUSD) on the 15-minute timeframe, with some key technical elements and a projected trade idea. Here's a breakdown of the analysis:
1. Current Market Overview
Price: Trading around $3,038.51.
Trend: Recent downtrend followed by a minor recovery.
Indicators:
EMA 200 (Blue): Currently at $3,090.41, acting as a dynamic resistance.
EMA 30 (Red): Positioned below the EMA 200, indicating a still bearish trend but with potential for a pullback.
2. Key Zones & Labels
Limit Entry Zone: Highlighted around $3,025.72 (bottom purple zone)
Labeled as “LIMIT ENTRY”, indicating a potential buy entry.
This area corresponds with a fair value gap (fvg) — often used in smart money concepts as a sign of institutional interest.
Target Zone: Around $3,082.22 (top purple zone)
Labeled as “target point EA”.
Lies just below the EMA 200 resistance level, which is a likely take-profit area for a bullish move.
3. Projected Price Action
A possible bullish retracement is anticipated:
Dip into the limit entry/fvg zone at ~$3,025.
Then, a rally targeting the $3,082 zone, possibly extending toward the EMA 200 at ~$3,090.
4. Trade Setup (Based on the Chart)
Entry: Around $3,025.72 (limit buy)
Target: Between $3,082.22 - $3,090.41
Risk: Likely below the FVG zone (~$3,015–$3,020), depending on risk appetite.
Conclusion
This is a smart money concept-based setup anticipating a liquidity grab or fair value gap fill before a bullish move. The trade aims for a reversal at a key demand zone, with confirmation from EMA confluence above as a profit target.
Would you like help plotting stop-loss levels or analyzing the risk/reward ratio?
EURUSD Bearish Correction Resistance Rejection Support TargeTTrading point update
This chart provides a technical analysis of EUR/USD on the 3-hour timeframe with key insights:
Analysis & Expectations
1. Overbought Condition & Rejection
Price reached a strong resistance zone (highlighted in yellow) around 1.11425 - 1.10751, leading to a sharp rejection.
The RSI is in the overbought zone (~68.43) and showing a downward slope, indicating a potential bearish correction.
Mr SMC Trading point
2. Expected Bearish Correction
A potential drop is expected toward the support level around 1.08501 - 1.07925, aligning with past price action.
The 200 EMA (1.07757) also serves as a significant support level, reinforcing a possible retracement.
3. Target Levels
Short-term Bearish Target: 1.08501 (Support level)
Key Support Zone: 1.07925 - 1.07757 (Near 200 EMA)
Conclusion
The analysis suggests a bearish retracement after the strong bullish move. Traders may look for short opportunities targeting the support level and 200 EMA while watching for confirmation signals before entering.
Pales support boost 🚀 analysis follow)
Gold (XAU/USD) Technical Analysis: SMC Trading point update
This chart is a technical analysis of Gold (XAU/USD) on a 4-hour timeframe. Here’s a breakdown
1. Ascending Channel:
The price is moving within an upward channel, showing a bullish trend.
Higher highs and higher lows confirm the uptrend.
2. Support and Resistance Zones:
Yellow Boxes: Key support zones where price previously consolidated before moving higher.
Red Arrows: Marking resistance zones where the price faced rejection.
Green Arrows: Indicating support levels where the price bounced.
3. Current Price Action:
Price recently dropped to a key support zone (around $3,050).
A bullish reaction is expected from this level.
If support holds, the price may continue the uptrend toward the target of $3,186.
4. Projected Move:
The black zigzag line suggests a potential bounce from support.
If the support level holds, price could move back up within the channel.
Mr SMC Trading point
Conclusion:
If price respects the support zone, there could be a good buying opportunity.
A break below the support zone would signal potential bearish movement.
Monitoring price action around the yellow zone is crucial for confirming direction.
Pales support boost 🚀 analysis follow )
DMart Charts showing strengthThe chart pattern assisted by all-time low valuations for DMart makes it worth studying.
The levels are marked clearly.
This isn't a recommendation. I intend to pass my knowledge of technical analysis through the published charts.
Conduct your own research before investing.
Trade analysis EURAUD 01.04.2025Hi,
very good patten /setup was form in EURAUD , this patten is very identical in forex/crypto/other market, usually built in TOP or bottom ..
comment if you find similar..
Do not ask for Buy or Sell tips.
I/We are not SEBI Registered Advisors. We don't provide any types of Buy/Sell signals. This is purely for educational and learning purposes. i/We shall not be responsible for your profit or loss. Please confirm with your financial advisor.
Gold (XAU/EUR) – Potential Sell Setup from Rising Wedge📉 Market Structure & Pattern:
The chart shows a broadening wedge pattern followed by a rising wedge formation.
Price has reached the upper boundary of the descending channel, where a potential sell-off could begin.
📉 Bearish Outlook:
The sell signal is indicated near 2,811 EUR, suggesting a possible reversal.
The target area is around 2,769 - 2,700 EUR, aligning with previous support zones.
If the price breaks below the wedge structure, further downside momentum is expected.
📌 Trading Plan:
Bears may look for short opportunities around resistance.
A break below 2,794 EUR could confirm further downside.
Bulls should monitor price action for any rejection near support zones for potential buying opportunities.
⚠️ Risk Management:
A break above 2,815 EUR could invalidate the bearish setup.
Stop-loss placement above resistance is advisable to minimize risk.
EUR/GBP 4H | Sell Opportunity After Resistance Rejection The EUR/GBP pair has been in a downtrend, with lower highs and lower lows forming. Recently, price rejected a key resistance zone and is now continuing its bearish momentum.
🔎 Key Observations:
✅ Resistance Levels: 0.83598 - 0.83910 acted as a strong rejection zone.
✅ Sell Confirmation: Price has broken below minor support and is now moving downward.
✅ Bearish Expectation: The next major support target is 0.82618.
📌 Trading Plan:
🔻 Sell on pullbacks near resistance levels (0.83598 - 0.83676).
🔻 Target: 0.82618 as the next key support.
🔻 Stop-loss: Above 0.83827 to minimize risk.
🚨 Risk Management Tip: Always maintain a good risk-reward ratio and wait for confirmations.
💬 What’s your take on this setup? Are you looking to sell or waiting for a better entry?
Gold (XAU/USD) Technical Analysis – Bearish Rejection Expected fThis chart represents an analysis of Gold (XAU/USD) on a 30-minute timeframe. Below is a breakdown of the key elements:
Key Observations:
Downtrend Formation
The price is trading within a downward channel, marked by two descending trendlines.
The overall trend appears bearish, indicating potential further declines.
Supply Zone (Resistance) Around $3,025 - $3,030
The price is approaching this key resistance area.
If the price fails to break above, it could lead to a rejection and continuation of the downtrend.
Demand Zone (Support) Around $3,000 - $3,006
This is the target area where buyers may step in to support the price.
A downward move towards this zone is anticipated.
Projected Price Movement
The blue arrows suggest a bearish scenario.
A rejection from the supply zone is expected to push the price downward.
The final target is the demand zone near $3,000.
Conclusion:
Bearish Bias: The price is currently in a downtrend, with the expectation of a rejection from resistance and a move toward the lower support zone.
Confirmation Needed: Watch for price action signals, such as rejection wicks or bearish candlesticks, to confirm the downward move
Bitcoin (BTC/USD) Bullish Momentum: Key Levels and Trade Setupuddy'S dear friend 👋 SMC Trading Signals Update 🗾 🗺️
Technical Analysis:
Timeframe: 4-hour chart
Current Price: $88,244
Trend: Uptrend within an ascending channel
Supply Resistance Zone: $92,721 (Potential reversal area)
Fair Value Gap (FVG) Support Zone: $87,200 - $87,600
200 MA Resistance: Price is approaching the 200 Moving Average, which could act as resistance.
Key Levels:
1. Support:
FVG Zone (~$87,200 - $87,600) – Potential buy zone
Major Support: $86,649
2. Resistance:
$92,721 (Supply Zone) – Key target level
$90,000 Psychological Resistance
3. RSI Indicator:
Currently at 76.37, indicating overbought conditions.
A potential pullback could occur before further upside.
Mr SMC Trading point
Risk Management Strategy:
Long Entry: Near FVG Zone (~$87,200 - $87,600) if price retraces.
Stop Loss: Below $86,649 to limit downside risk.
Take Profit: Around $92,721 for a risk-reward trade.
Market Outlook:
Bitcoin remains bullish, but the RSI suggests a possible pullback before continuation.
A retracement into the FVG Zone may provide a better buying opportunity before the next leg up.
If price breaks below the FVG zone, the uptrend could weaken.
Pales support boost 🚀 analysis follow)
Gold (XAU/USD) Bearish Outlook: Key Levels to WatchBuddy'S dear friend SMC Trading Signals Update 🗾 🗺️
This chart represents the price action of Gold (XAU/USD) on a 1-hour timeframe, showing potential areas of resistance, support, and liquidity zones. Here’s a breakdown of the analysis:
Analysis of the Chart:
1. Resistance Level (3,023-3,030 zone)
The price has reacted multiple times (red arrows), indicating strong selling pressure.
A fair value gap (FVG) is present, suggesting potential mitigation before further movement.
2. Current Price (3,011.76)
The price is trending downward after rejecting the resistance level.
It is approaching the diamond zone, a potential short-term support before continuation.
3. Key Support Levels:
Diamond Zone (~3,000 region)
Could cause a temporary bounce before further decline.
Order Block (~2,952-2,938 zone)
This is a strong demand zone and a potential target area for price action.
4. Target Levels:
The analyst expects a downward move toward 2,952, aligning with a liquidity grab scenario.
5. RSI Indicator:
RSI is at 44.27, suggesting bearish momentum, with the possibility of further downside.
A break below 40 RSI may confirm more selling pressure.
Mr SMC Trading point
Risk Management Considerations:
Entry: A possible short entry could be around the FVG level (~3,020-3,030) if price retraces.
Stop Loss: Above 3,035 to avoid being trapped in a fake breakout.
Take Profit: Around 2,952-2,938 as per the target point.
USD Update & Impact on Gold:
If USD strengthens, gold may drop further due to their inverse correlation.
Key upcoming economic data (interest rate decisions, inflation reports) could increase volatility.
Pales support boost 🚀 analysis follow)
USD/JPY Bullish Outlook – Targeting Key Resistance at 150.155USD/JPY Technical Analysis – Bullish Outlook Toward Resistance
Chart Insights:
The price is currently in a recovery phase after a significant drop.
A Fair Value Gap (FVG) zone has been identified, suggesting a potential pullback before further movement.
The target point aligns with the resistance level around 150.155, which acts as a key supply zone.
Potential Scenario:
Price may retrace into the FVG zone around 148.704 – 148.956.
A bullish rebound from this level could drive price toward the resistance at 150.155.
If price reaches the resistance level, further rejection or continuation will depend on market conditions.
Key Levels:
Support Zone: 148.167 – 148.315
FVG Area: 148.704 – 148.956
Resistance Zone: 150.007 – 150.155 (Target area)
Conclusion:
The current structure suggests a bullish bias if price respects the FVG zone for a push higher. However, a break below the FVG could signal further downside movement.
This chart represents a Bitcoin (BTC/USD) price analysis on a 30This chart represents a Bitcoin (BTC/USD) price analysis on a 30-minute timeframe. Here’s a breakdown of the key elements:
Supply Zone (Resistance) at ~$85,599
The price has approached this supply zone, which could act as a resistance level.
The expectation is that the price may struggle to break above this level and could reverse downward.
Demand Zone (Support) at ~$81,500 - $81,755
This is labeled as the "diamond zone," which could act as a strong support area where buying interest may emerge.
The price is anticipated to decline towards this level.
Projected Price Movement
The blue arrows suggest a bearish scenario.
The price might initially react to the supply zone, then break below the trendline, confirming a downtrend.
The target for this downward move is the demand zone around $81,500.
Trendline Break
A rising trendline is drawn, which currently acts as support.
If the price breaks below it, it would confirm a bearish momentum shift.
Conclusion
This chart suggests a short-selling opportunity near the supply zone, targeting the demand zone. However, traders should watch for confirmations such as a rejection from resistance and a break below the trendline before entering a trade.
#VANAUSDT is forming a confident bounce from key levels📉 LONG BYBIT:VANAUSDT.P from $8.180
🛡 Stop loss $8.000
1H timeframe
❗️Before entering the trade, closely monitor the levels. If the price consolidates above $8.180 with volume, this confirms the entry signal.
✅ Overview BYBIT:VANAUSDT.P :
➡️ On the chart, we can see that after a downward movement, the price formed a local bottom around $8.000, followed by an upward impulse.
➡️ A structure resembling a reversal pattern has appeared: the price broke through a slanted resistance (blue line) and consolidated above $8.180, indicating weakening sellers.
➡️ The price is now moving toward a resistance zone marked as POC (Point of Control) at $8.353, which could be the first target.
➡️ The entry is set at $8.180, aligning with the breakout level, supported by increasing volume and a short-term uptrend.
The volume profile on the left shows a low-liquidity zone above the current price (between $8.345 and $8.590), which may allow the price to quickly reach the TP levels.
🎯 TP Targets:
💎 TP 1: $8.345
💎 TP 2: $8.590
💎 TP 3: $8.775
⚡️ Plan:
➡️ Monitor the price reaction at TP1 ($8.345) — a pullback is possible. It’s recommended to close part of the position.
➡️ Wait for confirmation of the breakout above $8.180 (already happened, price is above).
➡️ Enter LONG after a retest (with volume) — in this case, the retest has already occurred, and the price is moving up.
➡️ Place the stop below the last low — at $8.000.
BYBIT:VANAUSDT.P is forming a confident bounce from key levels, and if it holds above the entry zone, we expect an upward movement!
BTCUSDT TRDAING POINT UPDATE > READ THE CHAPTIAN Buddy'S dear friend
SMC Trading Signals Update 🗾🗺️ crypto Traders SMC-Trading Point update you on New technical analysis setup for crypto BTC USDT list time post signals 💯 reached target 🎯✔️ New technical analysis Setup two said fisrt make close above ground that expect bullish trend 🚀 target point 88k 90k. Next patterns if close below 👇 ⬇️ 83k 80k strong 💪 support level up trand target point 88k 90k fisrt entry risk 🙏. Good luck 💯💯
Key Resistance level 87k + 80k + 90k
Key Support level 83k - 80k
Mr SMC Trading point
Pales support boost 🚀 analysis follow)
EUROUSD TRADING POINT UPDATE > READ THE CHAPTIAN Buddy'S dear friend
SMC Trading Signals Update 🗾🗺️ Euro USD Traders SMC-Trading Point update you on New technical analysis setup for Euro USD ) Euro USD Technical patterns support level pullback up trend 📈🚀 1.08254 strong 🪨 support level target 🎯 point Resistance level 1.09580 good luck 💯💯
Key Resistance level 1.09580
Key Support 1.08254
Mr SMC Trading point
Palee support boost 🚀 analysis follow)
GOLD TRADING POINT UPDATE > READ THE CHAPTIAN Buddy'S dear friend
SMC Trading Signals Update 🗾🗺️ Gold Traders SMC-Trading Point update you on New technical analysis setup for Gold 🪙 list time post signals 💯 reached target point 3059. ). Analysis update on gold. Gold look 👀 patterns chart 📉 sellers recover and strong 💪. 30M time frame 🖼️ looking short trend 📉 target 🎯 point 3001 that entry buying said good luck 💯
Key Resistance level 3042 + 3046
Key Support level 3006 - 3001
Mr SMC Trading point
Palee support boost 🚀 analysis follow)
Gold/EUR (XAU/EUR) – Bearish Reversal Zone IdentifiedThis Gold to Euro (XAU/EUR) 4-hour chart shows a breakout from a descending channel, followed by a strong bullish rally. The price has now reached a key resistance zone, where sellers might step in to push prices lower.
Key Observations:
Downtrend Channel Breakout: The price was previously moving in a downward sloping channel but has now broken out, signaling bullish momentum.
Resistance Zone: The price is currently testing a significant resistance level, indicated by the marked "Sell" area.
Potential Reversal: If selling pressure increases at this resistance, we could see a price decline toward the identified target support zones.
Key Support Levels:
First Target Zone: Around 2,750 EUR
Second Target Zone: Near 2,675 EUR
Trading Plan:
Sell Setup: Look for bearish confirmation (such as rejection wicks or a lower high formation) before entering a short position.
Stop Loss: Above the resistance zone to avoid false breakouts.
Take Profit: Based on the highlighted support areas.
If bulls continue pushing beyond resistance, it could invalidate the sell setup, leading to further upside movement. Traders should monitor price action closely for confirmation.
JPY/USD Breakout from Falling Channel – Bullish Trading SetupOverview of the Chart:
The Japanese Yen (JPY) against the U.S. Dollar (USD) 1-hour chart showcases a well-defined market structure, transitioning from a downtrend within a falling channel to a breakout with bullish momentum. The chart highlights critical support and resistance levels, a confirmed breakout, and a forecasted price movement that could indicate further bullish continuation.
This analysis will break down the chart patterns, technical indicators, and potential trade setups, providing a professional outlook on price action behavior.
Technical Breakdown of the Chart
1. Falling Channel Pattern – Downtrend Phase
The price had been trading within a descending channel, marked by two parallel trendlines (blue lines), indicating a controlled downtrend.
A falling channel is a bullish reversal pattern, as it signals that bearish momentum is weakening.
Within the channel, price action consistently created lower highs and lower lows, adhering to the structure of the pattern.
The red dashed trendline inside the channel acted as a dynamic resistance, rejecting price movements multiple times before the breakout.
📌 Key Observation: The falling channel pattern suggests accumulation, where selling pressure gradually diminishes, paving the way for a bullish reversal.
2. Support Zone & Bullish Breakout
The price eventually reached a strong horizontal support level (highlighted blue zone at the bottom), which acted as a critical demand area.
This support level had previously led to strong rebounds, making it a significant zone for potential reversals.
Bullish breakout confirmation:
A strong bullish candle closed above the upper boundary of the channel, breaking the trendline resistance.
The breakout suggests a shift in market structure from a downtrend to an uptrend, as buyers regained control.
The price has now moved above the previous resistance, confirming the bullish momentum.
📌 Key Takeaway: The breakout is a strong signal that sellers have lost control, and a potential bullish trend could emerge.
3. Resistance Zone – Key Barrier for Buyers
The next area of interest is the resistance level (highlighted in a blue rectangular zone).
This level has historically acted as a strong supply zone, where price previously struggled to break through.
If the price manages to sustain above this level, it would confirm bullish continuation toward higher price targets.
📌 Technical View: If buyers break past this resistance, it could lead to a strong bullish rally, reinforcing the new uptrend.
4. Target Projection & Forecasted Price Movement
The chart outlines a forecasted bullish path using a zigzag projection (black lines). Here’s the expected price action:
Short-Term Movement:
Price might face temporary resistance near the blue resistance zone.
A minor pullback or consolidation in this area is expected before further movement.
Retest of Support:
If price pulls back, it could retest the broken channel resistance or the support zone.
A successful retest and bounce would validate the strength of the breakout.
Bullish Continuation:
If the resistance zone is broken, price is likely to continue toward the target level of 0.006842, a previous swing high.
This level acts as the final upside target based on historical resistance levels.
📌 Key Insight: The market structure suggests that price will follow a higher-high, higher-low pattern, which is characteristic of an uptrend.