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Euro bounce from buyer zone and start to move upHello traders, I want share with you my opinion about Euro. After a prolonged upward trend which formed a large rising wedge, the EURUSD faced a significant rejection from the seller zone near the 1.1685 resistance level. This failure to continue higher marked a key turning point, exhausting the bullish momentum and initiating a new bearish market phase. This new phase has since taken the form of a well-defined downward channel, within which the price has been undergoing a series of downward corrections and impulses. The most recent market action has been a sharp downward fall, accelerating the price's descent towards a critical area of historical significance. Currently, the pair is approaching the major support level at 1.1400, which also constitutes a strong buyer zone where demand has previously stepped in. The primary working hypothesis is a long, counter-trend scenario, which anticipates that the current bearish momentum will be absorbed by the strong demand within this buyer zone. A confirmed and strong rebound from this 1.1400 support area would signal a potential temporary bottom and the start of a significant upward correction. Therefore, the tp for this rebound is logically set at the 1.1600 level, a key psychological and technical point that represents a realistic first objective for a bounce of this nature. Please share this idea with your friends and click Boost 🚀 Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
Long
by LegionQ8
18
Crypto Market Slows Down For A Pullback Within A Bullish TrendGood morning Crypto traders! Cryptocurrencies are coming slightly lower on the intraday basis due to stock market decline yesterday, but we still see them approaching support, so still be aware of a bounce and recovery at the end of the week or maybe next week because of an upcoming weekend. Crypto TOTAL market cap chart can be trading in wave »y« of a complex w-x-y correction in wave 4, unless it's a flat correction, but support is the same at 3.6T – 3.5T area, from where we may see a bullish continuation within wave 5.
CRYPTOCAP:TOTALLong
by ew-forecast
1
HelenP. I After correction to support level, Gold start to growHi folks today I'm prepared for you Gold analytics. An examination of the chart highlights a well-established long-term uptrend, with the bullish structure being clearly defined by a major ascending trend line that has consistently provided dynamic support. Currently, the price is undergoing a healthy correction after being rejected from the major resistance zone around 3430. This pullback is now guiding the price towards a critical confluence of support, where the aforementioned ascending trend line intersects with a strong horizontal support zone at 3305 - 3285. My analysis for a long position is based on the high probability of a bullish reaction from this key area. I believe that as the price enters this support confluence, it will be met with strong buying pressure, as it represents a logical point for buyers to defend the trend. A confirmed bounce from this zone, demonstrated by a rejection of lower prices, would be the main condition to validate the continuation of the uptrend. Therefore, the primary goal for the subsequent rally is set at the 3430 resistance level, as a retest of the recent high is the most logical objective following a successful defense of the trend. If you like my analytics you may support me with your like/comment ❤️ Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
THINKMARKETS:XAUUSDLong
by FirstNameHelen
11
Bitcoin will continue to decline to support levelHello traders, I want share with you my opinion about Bitcoin. Following a period of a broad downward trend, bitcoin's price action has been channeled into a large downward wedge, a pattern that signifies converging volatility and a period of consolidation before an eventual decisive move. This market action is taking place between two critical, well-established zones: a major seller zone capping rallies around the 119500 resistance level and a significant buyer zone providing support near 116000. Recently, an upward rebound attempted to test the upper boundary of this wedge but was met with strong selling pressure from the seller zone, confirming its validity as a formidable barrier. The price is now correcting downwards after this rejection. The primary working hypothesis is a short scenario, anticipating that the bearish momentum from this recent failure will continue to drive the price lower. While a minor bounce or retest of local resistance is possible, the path of least resistance within the pattern's structure is now towards its lower boundary. Therefore, the TP is strategically set at the 116000 level. Please share this idea with your friends and click Boost 🚀 Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
Short
by LegionQ8
28
EURGBP Steps Into A Correction Within Ongoing RecoveryEURGBP is sharply down after reaching April highs for wave »v« of an impulse into wave A. As expected, the pair is now unfolding a three-wave abc corrective setback within higher-degree wave B. Currently, EURGBP is breaking below the channel support line in a sharp and impulsive projected wave »a«. A corrective recovery in wave »b« may follow, considering that RSI is already at the lower side of its range. Overall, we are still tracking this correction toward the 0.85x support area, which could act as a base before a potential bullish continuation higher into wave C.
Long
by ew-forecast
NIKE Confirms A Bullish Reversal With An Impulsive RecoveryWe talked about Nike on July 10 with our members, where we mentioned and highlighted a completed higher degree ABC correction in wave IV on the monthly and weekly charts. Today we want to represent a closer view, as we see a five-wave impulsive recovery away from the lows on a daily chart. It actually confirms the bottom and bullish reversal, but since it can be trading in 5th wave that can stop around 80-85 area, we should be aware of a three-wave corrective setback soon. It can slow down the price back to the open GAP, so ideal buy zone is in the 70-60 area. Invalidation level is at 52. Highlights: Direction: Up, but watch out for a correction Structure: Impulse, Wave 5 in final stages Support: 70 / 60
NYSE:NKELong
by ew-forecast
EURO - Price can continue to move up inside rising channelHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 The price action of price reversed its course after breaking out from a previous falling channel formation. Since then, the asset has been trading within the clear boundaries of a well-defined rising channel. The price has made several rotations within this structure, consistently finding support near the lower trendline. Most recently, the pair successfully tested the horizontal support area around $11600, which aligns with the channel's support. A clear upward bounce occurred from this confluence of support, and the price is currently consolidating from that move. I expect that after a minor pullback to re-test support, the price will continue its ascent within the channel structure towards the $11935 level. If this post is useful to you, you can support me with like/boost and advice in comments❤️ Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
Long
by WalterMoon
21
C / UsdtBINANCE:CUSDT ### **📊 Chart Overview – CUSDT (1H):** * **Current Price:** \$0.3225 * **Recent Trend:** Price is consolidating below a **descending trendline (red)** after a sharp decline from \$0.44–\$0.45. * **Key Levels:** * **Support:** \$0.31 – \$0.32 (highlighted zone). * **Resistance:** \$0.34 – \$0.35 (trendline breakout needed). * **Major Resistance:** \$0.4456. --- ### **🔍 Technical Breakdown:** 1. **Downtrend Continuation:** * Price is still below the **red descending trendline**, which acts as dynamic resistance. * As long as it stays below \$0.34, the bears remain in control. 2. **Bullish Scenario:** * A **clear breakout above \$0.34** with strong volume could lead to a push toward **\$0.37 – \$0.40**. 3. **Bearish Scenario:** * Failure to hold **\$0.31 – \$0.32 support** could open doors to a drop towards **\$0.30 or even \$0.28**. --- ### **📌 Summary:** CUSDT is in a **critical consolidation zone**. Watch the **\$0.32 support** and **\$0.34 resistance** closely — a breakout or breakdown could decide the next move. --- ⚠️ **Disclaimer:** *This analysis is for educational purposes only, not financial advice. Always do your own research and trade carefully.*
BINANCE:CUSDTLong
by Wolftrader1337
Euro will rise a little and then start to fall to support lineHello traders, I want share with you my opinion about Euro. After a prolonged consolidation period, a strong upward trend was initiated from the buyer zone around 1.1285, propelling the EUR significantly higher. This initial impulsive move has since transitioned into a more complex and mature phase, taking the shape of a large upward wedge formation, a pattern which often signals underlying exhaustion in the prevailing trend. Currently, the pair is operating within this defined market zone, characterized by a clear ascending support line and a corresponding resistance line. The price action inside the wedge has become corrective, with the most recent upward correction originating from the support area near 1.1575. The working hypothesis is centered on a short-term bearish scenario, which anticipates that this current rally will fail as it approaches the upper boundary of the wedge. A rejection from this resistance would confirm that selling pressure is increasing and that the bullish momentum is waning. This would likely trigger a significant downward rotation within the structure, with the immediate objective being a retest of the main ascending support line. For this reason, the TP is strategically and logically placed at the 1.1665 level, as this point lies directly on the trend line and serves as the most critical test for the existing uptrend's viability. Please share this idea with your friends and click Boost 🚀 Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
Short
by LegionQ8
7
META Slows Down For A Correction Within UptrendMeta has seen a strong recovery recently, but barely retested February highs around 740, from where we can see some nice pullback, but it appears corrective, since it’s unfolding in three waves, and forming a potential bull flag — likely wave 4. A breakout above the downward channel on a daily close could signal the start of wave 5 and a push to new highs. However, keep a close eye on the 666.1; a break below this level would invalidate the bullish view and suggest a deeper consolidation phase may follow. Highlights: Direction: Up (pending breakout) Structure: Wave 4 bull flag; wave 5 possible soon Support: 680 / 690
NASDAQ:METALong
by ew-forecast
HelenP I. Gold, after small correction, can continue to move upHi folks today I'm prepared for you Gold analytics. If we look at the chart, the dominant feature is a strong, sustained bullish trend defined by a major ascending trend line that has repeatedly served as a reliable foundation for the price, confirming that buyers currently maintain firm control. At present, the price action is consolidating above a crucial horizontal pivot area, the support zone between 3385 and 3400. The significance of this zone is high, as it's a classic polarity point where previous resistance has flipped to become support, suggesting a concentration of buying interest. My core analysis hinges on the scenario of a brief, healthy corrective move down to retest this support zone. I believe this retest is a key market dynamic to confirm buyers' commitment. If the price dips into the 3385-3400 area and is met with a decisive rejection of lower prices, it would provide a powerful signal that the underlying bullish sentiment remains fully intact. A successful defense of this zone would be the primary trigger, creating the momentum for the next upward leg. Therefore, I have set the primary goal for this move at the 3460 level. If you like my analytics you may support me with your like/comment.❤️ Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
THINKMARKETS:XAUUSDLong
by FirstNameHelen
6
GOLD - Price can rise to resistance line of wedgeHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 The price has been trading within a large ascending wedge for an extended period. The asset found significant support near the lower trendline of this formation, specifically in the 3205 - 3187 price area. From that support, the price initiated a sustained upward movement back towards the upper parts of the structure. Currently, XAU is facing a key horizontal resistance zone located between 3375 and 3390 points. The price is actively attempting to break through this area, which has historically served as a critical pivot point. I expect that once the price firmly breaks and consolidates above this resistance, it will continue its growth towards the upper boundary of the wedge, targeting the $3475 level. If this post is useful to you, you can support me with like/boost and advice in comments❤️ Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
THINKMARKETS:XAUUSDLong
by WalterMoon
21
Euro may correct a little and then continue to rise in channelHello traders, I want share with you my opinion about Euro. Observing the recent price action, we can map out a clear transition in market structure. Previously, the pair was contained within a well-defined downward channel, where the seller zone around the 1.1760 resistance level consistently capped rallies, leading to multiple breakdowns and correctional movements. However, after a final push lower, the dynamic shifted, with the price action showing a clear downtrend-to-uptrend reversal. Currently, the euro has established a new upward channel, finding solid ground in the buyer zone around the 1.1660 support level. The price is now engaged in a constructive upward movement within the boundaries of this new channel. The prevailing hypothesis is that after a potential minor correction towards the channel's support line, the pair will resume its ascent. Therefore, the take-profit target for this scenario, tp 1, is strategically placed at 1.1710, as this level directly corresponds with the resistance line of the current upward channel, representing a logical point for price to react. Please share this idea with your friends and click Boost 🚀 Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
Long
by LegionQ8
20
HelenP. I Acet Token may make correction and then continue growHi folks today I'm prepared for you Act Token analytics. If we look at the chart, we can observe a clear technical picture. For a considerable amount of time, the price was tightly compressed inside a large downward wedge, defined by a robust support zone at 0.0570 - 0.0550 and a descending trend line that put consistent pressure on the price. Such long consolidation periods often precede a powerful expansion. Recently, we have witnessed a decisive breakout from this wedge, confirmed by a strong impulse candle. This move signals a clear shift in market sentiment from neutral to bullish and invalidates the prior constraining structure. I believe that the momentum from this breakout will be sufficient to challenge the next major obstacle: the horizontal resistance zone at 0.0770 - 0.0790. This is a critical level to watch, as it has previously rejected price advances. My scenario implies that after potentially a small, healthy correction or retest, the price will continue its upward movement. A successful break above this critical area would confirm the newfound strength of the buyers and open up a clear path for further appreciation. For this reason, my primary goal, the logical target for this move, is set at the 0.0880 level. If you like my analytics you may support me with your like/comment ❤️
Long
by FirstNameHelen
7
EURO - Price can continue to decline in falling channelHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 For a long time, the price was moving within a large ascending wedge, showing a gradual upward trend. However, buyers failed to maintain momentum, and the price made a decisive breakout below the wedge's support line. Following the breakout, the instrument established a new structure, a local falling channel, and has been trading within its boundaries since. Currently, the price is in a corrective upward move, approaching the key resistance area of $1.1630 - $1.1660. This zone is significant as it aligns with a previous support level and the upper boundary of the current falling channel. I expect that the price will face rejection from this resistance area and will then continue its decline towards the channel's support line, targeting the $1.1465 level. If this post is useful to you, you can support me with like/boost and advice in comments❤️ Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
Short
by WalterMoon
17
Bitcoin may bounce up from support area to 122800 pointsHello traders, I want share with you my opinion about Bitcoin. Analyzing the broader market context on the BTC chart, the past price action has carved out two significant technical structures: a wide trading range and a larger upward wedge pattern. The formation of this wedge indicates a generally positive market sentiment, though the narrowing price swings suggest a decrease in upward momentum. The foundation of the current structure was established around the buyer zone of 105500 - 104500, a level that has historically proven to be a robust floor. This historical behavior provides a critical reference for our hypothesis. Currently, we are observing bitcoin's price action closely, interacting with the current support area, located between 116500 and 117300. The character of the movement here is largely corrective and consolidative, pointing to a state of temporary equilibrium. This consolidation near the lower boundary of the wedge is a pivotal point. My thinking is that a final, brief dip to thoroughly test the 116500 - 117300 support area is a high-probability scenario. Such a move would effectively absorb remaining sell-side liquidity before a reversal. We can then anticipate an impulsive move upwards across the range. Therefore, the logical take-profit for this long position is set at 122800 points, as this level marks the upper resistance of the range and a natural target. Please share this idea with your friends and click Boost 🚀 Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
THINKMARKETS:BTCUSDLong
by LegionQ8
22
Bitcoin Correction Unfolding — First Wave in MotionAfter successfully hitting the BITCOIN target and anticipating a major correction in my previous ideas, here’s how the first wave of that correction is shaping up on the daily chart: 1- At the recent high, a Shooting Star candle formed — a classic reversal signal. 2- Using Volunacci analysis, the price retraced exactly to the Golden Zone, validating the first leg of the pullback. 3- The next step? A breakdown of the blue trendline would likely send us toward the Volunacci target at $108,600. 4- For confirmation, we're watching the RSI trendline — if it breaks down as well, it would strongly support the bearish continuation. The setup is clean and developing as expected — it's all about following price and letting the chart guide the story.
CRYPTO:BTCUSDShort
by HEISENBERG_SayMyName
Euro may reach seller zone and then continue to fall in channelHello traders, I want share with you my opinion about Euro. The price pair has recently shifted its market structure, establishing a clear downward channel after breaking its previous uptrend. Before this breakdown, the price was consistently trading within an Upward Channel, repeatedly finding support in the buyer zone (1.1325–1.1350) and reversing upward. The bullish momentum eventually faded when the price failed to break the major horizontal resistance level at 1.1630. This failure triggered a strong bearish impulse, leading to a decisive breakout below the channel's support line and confirming a trend reversal. Currently, the price is making a corrective move up inside the newly formed downward channel, which appears to be a classic retest of the broken structure from below. I expect this upward move to stall as it approaches the heavy confluence of resistance formed by the channel's upper Resistance Line and the horizontal seller zone at 1.1630–1.1655. After testing this area, I anticipate a rejection and the beginning of a new bearish leg down. That's why I've set my TP at the 1.1500 level — it aligns perfectly with the support line of the current downward channel, making it a logical target for sellers. Please share this idea with your friends and click Boost 🚀 Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
Short
by LegionQ8
9
EURO - Price may drop to $1.1350 support level Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Euro began its journey by breaking into a rising channel off the swing low near $1.1080, establishing a clear uptrend. Within this channel, price carved out steady support along the lower trendline, touching $1.1350 before buyers stepped. Mid-channel, two breakout attempts at $1.1550 and $1.1725 highlighted bullish conviction, yet both retreated back below resistance. Simultaneously, two exit signals appeared near the upper trendline around $1.1765, showing that upward momentum was losing steam at key inflection points. Currently, EUR is holding just below the channel base after a minor bounce, consolidating as traders weigh the next move. I foresee a brief climb toward near $1.1670 before a renewed bearish thrust drives price back down to test $1.1350 level. If this post is useful to you, you can support me with like/boost and advice in comments❤️ Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
Short
by WalterMoon
13
Bitcoin Rally Losing Steam?Bitcoin might be approaching a Turning Point . Here’s what I’m seeing on the weekly chart: Price is moving inside an ascending Fibonacci channel. It’s getting close to the 1.60 (160%) extension level, which has acted as a reversal zone before. At the same time, the RSI is showing a clear negative divergence, suggesting that momentum is weakening. These signs combined could mean we’re not far from a significant correction. Nothing is confirmed yet, but it’s a setup worth keeping an eye on.
BINANCE:BTCUSDShort
by HEISENBERG_SayMyName