Get started

Consolidation

BNB → Big Accumulation. In Step With The DistributionBINANCE:BNBUSDT is trying to move into the realization phase after quite a long accumulation, thanks to which the coin can give a very good growth. The coin tested the strong support of 645 within the correction. False break of the support and quite aggressive buyout of the fall indicates buying potential. Bitcoin, which is testing the highs and ready to go even higher is a good driver for BNB Accordingly, the focus is on near-term levels. If the price can break the near-term resistance and consolidate above, the market will further go to break ATH and try to renew it. Resistance levels: 761, 793 Support levels: 691, 645 I don't exclude that the unexpected correction of bitcoin can provoke a correction in the cryptocurrency market, but in general the structure is bullish. High probability of resistance breakdown with the purpose of continuation of movement
by MarketAnalyzar
BTC → Consolidation Before The Breakout When Do We Go Up?BINANCE:BNBUSDT continues to consolidate, but within a strong bullish structure. The price is approaching the trigger, the breakout of which may provoke the formation of an upward impulse A good signal that hints that the growth is likely to continue is the fact that after a strong growth and testing 100K the price does not fall, but consolidates with gradually rising local lows, it is also worth paying attention to MA-50, which acts as a strong support. Within this consolidation we have clear zones, within which the price is trading and accumulating potential, and there is also a clear trigger, the breakout of which can provoke the continuation of growth (distribution). But next week is the Fed meeting on December 17-18, and there may be short-term market manipulative reactions. Be careful Resistance levels: 101.8K, 104.1K Support levels: 98.9K, 94.15K Technically, the focus is on 101.8 - 98.9. Consolidation is forming inside this channel. I do not exclude a chance of support retest in the format of a false breakdown before further growth. Another deep correction to the lower liquidity zone - 94.1K is also possible. But until the price breaks 101.8, bitcoin will not go up, and based on the chart, the event is close and the chance is high
by MarketAnalyzar
AVAX/USDT Weekly Symmetrical Triangle FormationThe chart illustrates a classic symmetrical triangle pattern on the weekly timeframe, suggesting a period of consolidation before a potential breakout. The price is holding above the 50-week moving average (MA50), reinforcing the bullish outlook. Key Observations The symmetrical triangle indicates indecision in the market, with buyers and sellers converging. Holding above the MA50 signals strong support and a likelihood of upward momentum. A confirmed breakout above the upper trendline will validate the bullish scenario and trigger significant upward movement. Targets Upon Breakout $61 - $149 Strategic Implications Patience is key. Monitor for a breakout with strong volume confirmation above the triangle's resistance. Failure to break out may result in continued consolidation within the pattern. This setup offers significant potential for medium to long-term gains if the breakout materializes.
Long
by wsaetos
XRP → Consolidation before the breakout and rally ↑BINANCE:XRPUSDT has been in consolidation for a little over a month after a strong rally and this is a good sign indicating that there is still strength in the market. And as we know, consolidation at some point turns into distribution The symmetrical triangle in our case has the character of a consolidation pattern, the purpose of which is the continuation of the trend. Buyers are aggressively defending the support zone, forming a cascade of levels. But more remarkable concerning the pattern is the consolidation 2.5 - 2.337, which is formed near the triangle resistance. Consequently, we can assume that the market is accumulating strength to break the resistance. Fundamentally, the project has very good prospects after a long and protracted winter. Trump's victory and the changes provoked by him have a favorable impact on Ripple. Resistance levels: 2.5, 2.73, 3.05 Support levels: 2.337, 2.2, 2.00 Accordingly, the realization phase will start after breaking the resistance of 2.5. Thus, we can assume that the exit from the accumulation will be upward, which can also be helped by a bullish and growing bitcoin. Regards R. Linda!
Long
by RLinda
2
BITCOIN → Consolidating before an important eventBINANCE:BTCUSD is consolidating between 99.5K and 91.8K as traders await action from politicians and Trump's inauguration as the main driver behind the rally. Fundamentally, things are still good. Trump promised a lot of positive actions towards bitcoin and the cryptocurrency market in general, but at the moment the main issue is the inclusion of bitcoin on the balance of the federal reserve. But everything depends more on the realization of the promises, if the community does not get what they were promised, a correction may be triggered. Technically bitcoin looks very strong. After a strong rally, there is no hint of a possible fall or deep correction, which means that someone is keeping the price in the specified range. Until important events, the price can still stand still, in the range between 100K and 90K. As for altcoins, they are getting a chance as bitcoin dominance continues to decline after the trendline break. A capital move could spark a rally in strong altcoins in the near term. Resistance levels: 99.5K, 102.5K, 103.5K Support levels: 95K, 91.7K Since the price is in neutral and trading between strong levels, I prioritize a false breakdown of resistance and correction inside the channel. Then further reaction may give hints. If there will be no fall and the price starts to consolidate in the resistance area, then we will have a chance to rise to 102-103K Regards R. Linda!
BINANCE:BTCUSDLong
by RLinda
21
GOLD → Pressure from the bears. Why are we falling?FX:XAUUSD does not react to strong support levels. The bulls, despite the positive background for them, could not keep the defense above the key structure. Weak structure on the D1 timeframe. A complex structure is forming on the D1 indicating that the uptrend support is under pressure. That is, if this area is broken, there could be momentum in the market through capitulation. Fundamentally, the market is not reacting to the escalated situation in the middle east and eastern Europe, accepting what is happening at the moment. China has promised increased financial support for the economy and this could attract new capital into the gold market. Markets are likely to trade cautiously as they prepare for a series of labor market data from the US later this week. Resistance levels: 2637, 2648, 2664 Support levels: 2615, 2606, 2600 Technically, the price is inside the local ascending channel, but in the selling zone. Due to bearish pressure, the price may head down and test the 2600 area. But where to go from here? The reaction to the 2600 area after the retest will tell us. Regards R. Linda!
FX:XAUUSDShort
by RLinda
12
USDJPY → Consolidation before continuing growthFX:USDJPY is consolidating after strong growth. A promising dollar and weak japanese central bank policy form a medium-term bullish potential in the currency pair The currency pair returns almost all of the strong fall associated with last year's course of rate cuts in the U.S., rate hikes in Japan and interventions that were actively conducted by the Central Bank of Japan. What was the outcome of all the actions? It was all in vain. The price turned around and almost approached 162.0. At the moment the emphasis is on consolidation, which has been forming for several weeks. We have clear boundaries, trend and strong levels to use in our trading. Resistance levels: 158.1 Support levels: 156.74, 155.88 The trigger for me is the resistance at 158.1. A breakout and price consolidation above this level will be a confirmation that we are ready to move further towards ATH. I do not exclude the fact that now the price may not be let in and the currency pair will form a correction to the consolidation support before further growth Regards R. Linda!
Long
by RLinda
2
HelenP. I Euro can reach resistance zone and then continue fallHi folks today I'm prepared for you Euro analytics. A few days ago price broke resistance level 2, which coincided with the resistance zone, and started to trades inside consolidation. In this pattern, the price rose to the top part and then at once made a correction movement to resistance 2. Then, the EUR some time traded near this level and then rebounded up to the trend line, which coincided with the top part of the range and then started to decline. In a short time, EURO declined to resistance 2, broke it, thereby exiting from consolidation as well and then some time traded between resistance 2. Later price dropped to resistance 1, which coincided with the resistance zone, and then started to grow to the trend line. Some time later it reached this line and then made impulse down to 1.0220 points, breaking resistance 1 too. Recently prices started to grow, so, in my opinion, EURUSD will reach the resistance zone and then continue to decline next. That's why I set my goal at 1.0240 points. If you like my analytics you may support me with your like/comment ❤️
Short
by FirstNameHelen
5
GOLD → Retest of the level after its breakoutFX:XAUUSD inside the new flat is looking for strong support. The fundamental backdrop is complex and amid high risks, buyers are looking for a safe haven Fundamentally, the situation is complex, the weakening of gold is influenced only by the hawkish stance of the Fed and the growth of the dollar. But the pressure for further growth is exerted by many other factors: the escalation of the conflict in the Middle East and Eastern Europe. Trump's protectionist policies toward europe, asia. Geopolitical risks in the world. Technically, the price is testing a strong support area after breaking through resistance. Below is the key Fibo level of 0.5 - 0.7, which may play the role of the lower boundary from which the bulls will start an aggressive game. Support levels: 2637, 2630, 2616 Resistance levels: 2649, 2665 In general, I am more inclined for a medium-term decline, but the local situation is quite tense and complicated. If the bulls hold 2630 - 2640, the gold will continue to rise If the bulls lose, the price will form a deeper correction with the possibility of further prolongation of the fall. Regards R. Linda!
FX:XAUUSDLong
by RLinda
15
VEDL long consolidation BOStock will start booming after a consolidation at a resistance before BO; otherwise, a reversal is likely from resistance if the supply is huge. For a successful breakout, we should ideally see a strong 1week candle on our chart—it’s crucial to use that timeframe. Following the breakout, the ideal entry point would be after a consecutive candle that breaks above the breakout candle As always, remember to do your own research before making any investment decisions!
NSE:VEDLLong
by ShivNetha
PANACEABIO long consolidation about to BOIt looks like the stock is gearing up for a breakout after a period of consolidation. There's a significant supply zone around the 500 psychological level. For a successful breakout, we should ideally see a strong 1Month candle on our chart—it’s crucial to use that timeframe. Following the breakout, the ideal entry point would be after a consecutive candle that breaks above the breakout candle As always, remember to do your own research before making any investment decisions!
NSE:PANACEABIOLong
by ShivNetha
EURUSD → The bears are stepping up the pressureFX:EURUSD continues to form a downtrend. The price updates the local minimum, reaching the target indicated last year :). What's next? Fundamentally, the situation is weak due to Trump's policy towards the euro zone. The strong dollar also increases the bearish pressure on the market. Technically, the priority figure is the downtrend and the previously broken consolidation boundary - 1.033. It is this zone that the price is currently aiming for as a zone of interest. Resistance levels: 1.033, 1.0448 Support levels: 1.022 Both technically and fundamentally the situation is weak, therefore, the emphasis on strong resistance levels from which the fall may resume. Regards R. Linda!
Short
by RLinda
1
BTC - Will Bitcoin Hold or Fold?Bitcoin has enjoyed a bullish 2024, reaching an all-time high (ATH) of 108K. However, the recent price action indicates a shift in momentum, with the market entering a phase of consolidation and correction. For the past 40 days, BTC has ranged between 90K and 108K, with the critical psychological level of 100K now acting as resistance. The structure of an ABC corrective pattern following a 5-wave downward impulse suggests the market is transitioning into a short-term bearish phase. Key Levels and Patterns: 1.) Head and Shoulders Pattern: A bearish Head and Shoulders pattern has formed, with 90K serving as the neckline. Once 90K is broken with significant volume, it will confirm the pattern, potentially accelerating the move downward. The target for this pattern aligns closely with the previously identified support zone at 84K–80K. 2.) Resistance at 100K: The psychological barrier of 100K has flipped to resistance, making it a critical level for bulls to reclaim. A sustained break above 100K with strong volume would indicate a possible trend reversal. 3.) Support Zone (84K to 80K): Multiple confluences align between 84K and 80K: Fibonacci Retracement (0.618): The 0.618 retracement level from the recent impulse low to the ATH is at $82,694.88. Trend-Based Fibonacci Extension: The 1:1 extension of the ABC correction points to 84K. Anchored VWAP: Calculated from the significant low at 52.5K, the anchored VWAP aligns near 81K. Fibonacci Speed Fan: The 0.618 speed fan from 52.5K to the ATH intersects around 80K, reinforcing this support zone. 4.) Liquidity Below 90K: The current range-bound movement has likely trapped many long positions above 100K, creating significant liquidity below 90K. A breakdown below 90K could trigger a liquidity sweep, driving prices rapidly toward the support zone at 84K–80K. Current Market Dynamics: Volume Analysis: Decreasing volume within the range highlights weakening bullish momentum. Confirmation of support at lower levels will require a substantial increase in buying volume. Bearish Momentum: The head and shoulders pattern, coupled with the ABC correction, signals bearish momentum that may persist into early to mid-January 2025. Neckline Support at 90K: A break below 90K would confirm the head and shoulders pattern, acting as a catalyst for further downside. Next Steps and Outlook: Short-Term Bearish Bias: Bitcoin is expected to continue its downward correction, with the head and shoulders neckline at 90K serving as a key pivot point. A confirmed break would likely drive BTC to the 84K–80K support zone. Long Opportunity at Support: Should BTC reach the identified support zone, it presents a high-probability long setup. Entry should be contingent on confirmation through: Increased buying volume. Bullish candlestick patterns (e.g., hammer, engulfing). Alignment with key moving averages and other technical indicators. Mid-Term Recovery Potential: After the correction, Bitcoin may resume its bullish trajectory. Key factors to monitor include: Reclaiming 100K as support. Overall market sentiment and macroeconomic conditions.
Short
by SiDec
ETH/BTC - Once in a lifetime opportunity#ETH/BTC #Analysis Description --------------------------------------------------------------- + ETH/BTC pattern looks exactly like the pattern we have seen before 2021 bull run. + There is some serious is consolidation that we have seen over the years and price is expecting to be bounced back any time now. + I'm expecting the price to move in a pattern which matches with 2020 ETH/BTC pattern. + I'm entering some position now to increase my BTC balance. --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
Long
by VectorAlgo
2
GOLD → A chance for growth or a trap?FX:XAUUSD continues to give hope to the bulls, trading inside a local rising channel resembling a flag on the background of a local bearish trend. Further upside for the gold price may remain limited as the US dollar remains underpinned by the Fed's hawkishness. This begs the question: what will happen to rates? Hold or rise? It is worth understanding that the rise in inflation expectations against the backdrop of Trump's protectionist policy requires an increase in interest rates. In addition, statistically, the dollar enjoys interest towards the end of the year, and because of the Christmas holidays Technically, I am still skeptical about a possible strong growth, as the fundamental background is weak. Technically, the price may bounce from any nearby strong level. Resistance levels: 2633, 2650 Support levels: sma, 2606 We may not expect strong moves at the end of the year, the market is already celebrating the end of 2024. But the probability is there. Emphasis on the nearest strong levels from which the fall may resume Regards R. Linda! Happy Holidays to all and a productive new year 2025!
FX:XAUUSDShort
by RLinda
12
USDJPY → Consolidation in the buying zone FX:USDJPY continues its bullish rally on the background of growing dollar. The fundamental background is on the side of the dollar, which is generally a negative factor for the yen. Technically, the price is still inside the uptrend. Moreover, the currency pair is breaking the flat resistance and after the correction and false breakout, it is consolidating above 156.75. If the bulls hold the defense above this level, the currency pair will head towards 160-162 in the medium term. The technical and fundamental background is on the side of the buyer. Resistance levels: 157.76, 160 Support levels: 155.88, 154.5 Price consolidation above 156.76 and further breakdown of the local maximum will provoke active purchases, which may lead the price to the targets indicated on the chart. Regards R. Linda! Happy Holidays and a productive 2025!
Long
by RLinda
2
GOLD → A reversal pattern for a further fallFX:XAUUSD is consolidating below the key point - 2620. Against the backdrop of a strong and growing dollar, gold has a chance to test local lows Gold price gains are likely to remain subdued as the US dollar continues to be supported by the hawkishness of the Federal Reserve at its December meeting. Trump's protectionist policies are fueling inflation expectations, setting the stage for higher interest rates. In addition, amid Christmas holidays and reduced trading volumes, market participants are inclined to maintain positions in the US currency. Thus, gold is still seen as an attractive instrument to sell in case of attempts of its recovery, except for cases of sudden geopolitical aggravations, for example, in the regions of the Middle East or Eastern Europe. Resistance levels: 2620 - 2622, 2633 Support levels: 2606, 2590 Emphasis on 2622. If the bears keep the price below this zone, it is worth looking at local support levels, as a breakdown of these levels will only strengthen the fall to 2600-2560. Regards R. Linda!
FX:XAUUSD
by RLinda
10
BITCOIN → High risk. Falling towards 70K or rising towards 100K?BINANCE:BTCUSD is forming a correction phase after Powell's speech last week. If the price goes beyond the accumulation boundaries, there will be a risk for a strong fall as the price is approaching the panic zone... Bitcoin is still in high demand, but private traders are going into a phase of profit taking after negative news, while institutional traders are taking advantage of the moment and buying the asset at a cheap price. But it doesn't mean anything. Fundamentally, Trump gives a big chance to the cryptocurrency market, but after winning the presidential election the excitement starts to fade and then the risk of revaluation increases. If the market does not get what it was promised, a deep correction may occur. Also, the Fed played a negative role last week: slowing down the rate cuts and negative tone about the strategic reserve and reluctance to have BTC on their balance sheet. Technically, despite the breakout of the ascending channel support, the price is still inside the 99K - 86K consolidation Resistance levels: 99300, 103600 Support levels: 91780, 86700, 82700 The price is approaching the support. If the market keeps the price in this zone, bitcoin will have a chance to recover to 100K. But, if the fight for 86-84K zone starts, then everything will depend on the general market background, a negative background can provoke a breakdown of strong support and the price will fall into the void zone... Regards R. Linda!
BINANCE:BTCUSDLong
by RLinda
24
GOLD → Correction before further declineFX:XAUUSD is testing the zones of interest within the counter-trend correction after it managed to break a rather strong level earlier. The fundamental background is not very good, there is bearish pressure on the market. The negative impact on gold is built around the hawkish stance of the Fed (inflation, Trump's future policy and the economic data of the last two weeks). The cycle of interest rate cuts may slow to 2 rate cuts for 2025. Friday's correction is mainly due to PCE data, but I don't think it will change the global picture. Towards the end of the year, it is logical to reduce liquidity in the markets, which could increase mispriced volatility in the market. Be careful! The gold market is still supported by the conflict in the Middle East and Eastern Europe. Technically, price is forming a flag after a strong decline. At the moment the price is inside the pattern and for trading it is worth paying attention to the boundaries of the local channel. Resistance levels: 2620, 2631, 2640 Support levels: 2606, 2560 Emphasis on 2620. If the bears break the level and keep the defense below the level, it can generally increase the pressure, which will provoke the price drop. But I do not rule out an attempt to break the channel resistance and retest 2640-2650 before a further fall. Regards R. Linda!
FX:XAUUSDShort
by RLinda
2
EURUSD → Consolidation in the selling zone. FX:EURUSD is coming out of a prolonged consolidation. As part of counter-trend correction, the price is testing the previously broken support and trying to consolidate in the selling zone. The fundamental background has become sharply negative since last week, which generally determines the medium-term potential for the currency pair. The rate cuts in the US have slowed down, but in Europe they are going to continue to cut rates. Trump's policy with his tariff system will also put negative pressure on the EURO. Technically, against the background of a strong rallying dollar, the euro has almost no chance. If the bears keep the defense below 1.0448 and focus on breaking the support, the currency pair may head towards 1.022 in the medium term. Resistance levels: 1.0448, 1.053 Support levels: 1.033, 1.022 At the moment, the focus is on the two nearest resistances. It is possible to retest these zones and try to defend their borders from the buyer's side, but there are not many chances. A breakdown and fixing of the price in the selling zone will strengthen further decline. Regards R. Linda!
Short
by RLinda
1
GOLD → Short to medium term perspectiveFX:XAUUSD after breaking through the support and updating the local minimum is returning to the area of 2620-2625, fueling the hopes of the bulls for possible growth. But, the medium-term picture for gold is not stable. Let's understand The strong dollar, which soared to local highs is a threat to gold going forward, as the Fed's hints of halting the rate cut course and adopting a hawkish stance on monetary policy has affected the market quite aggressively. There are 2 rate cuts pledged for 2025. Not to forget Trump's policies in general - the impact on rising inflation.... There are two interesting charts online that should not be overlooked: Statistics play an important role in shaping prices, but it is worthwhile to base this on actual fundamental and technical data. You should not use these statistical charts as primary data, but you can take them into account. We will analyze the dollar in terms of cycles and possible reversal in the second half of January and further as Trump acts.... As for gold, technically, in the short and medium term, I expect the decline to continue for the following reasons: - the bearish structure is confirmed - a localized retest of the zone of interest and imbalance is forming before a further fall. - The bearish trend has not broken within the framework of the December 10-13 movement. - price updates local lows We continue to follow the zones: 2631-2636 and 2650 Regards R. Linda!
FOREXCOM:XAUUSDShort
by RLinda
14