Harmonic Patterns
New Long Position Opened! AIX/USDT (1H)🚀 New Long Position Opened!
📈 Pair: AIX/USDT (1H)
🔹 Entry: $0.2230
🔹 Target: $0.2485
🔹 Stop Loss: Below $0.2115
I'm currently long on AIX/USDT as price is trending inside an ascending channel.
Why This Trade?
✅ Price is respecting the lower trendline of the channel.
✅ MACD is still bullish – momentum is on my side.
✅ RSI is bouncing from mid-levels, showing buyers are stepping in.
✅ Volume is picking up, confirming the move.
📌 What I'm Watching:
🔸 If price holds above support, I expect continuation towards my target.
🔸 If we see a break below the trendline, I'll be ready to cut the trade early.
Risk is managed, now let's see how this plays out! Let me know if you're in too. 🚀📊
#Crypto #Trading #TechnicalAnalysis #LongSetup #CryptoTrading
XAUUSD: Short-selling strategy preferred!Dear traders!
Gold prices are currently consolidating their recovery from the three-week low of $2,833, reached on Monday morning, as the market braces for a volatile week amid upcoming U.S. tariffs and ceasefire talks with Ukraine.
From a technical perspective, based on the EMA 34 and 89, along with the recent drop below $2,900, we continue to favor a short-selling strategy.
USOIL Short Idea - 4H ChartWTI Crude Oil (USOIL) is currently facing strong resistance at the 70.50 - 71.00 supply zone, aligning with the 200 EMA rejection and previous structural resistance. The price has failed to break above this level and is showing signs of bearish momentum.
Trade Setup:
🔹 Entry: Look for bearish confirmation near the 70.50 - 71.00 supply zone.
🔹 Stop Loss: Above 71.20, beyond recent highs to avoid stop hunts.
🔹 Target: The next major support zone near 66.00 - 66.50, a key demand area.
The trend remains bearish below the 200 EMA, and the recent pullback into resistance presents a potential continuation of the downtrend. If price holds below the resistance zone, expect a further decline towards lower support levels.
📉 Watch for: Bearish rejections, engulfing candles, or lower timeframe confirmations before entering a short position.
🔔 Stay patient and follow risk management! 🚀
OIL UPWARD BEFORE & AFTER READ IN CAPTIONSThis chart shows WTI Crude Oil (CFDs) on a 4-hour timeframe. The price is currently moving within a channel, with key support in the buy zone around 68.59 and resistance at 70.00. After a rise toward the resistance level, the price reached a high of 70.36 before pulling back. Traders may watch for another attempt to reach the target of 70.00 or monitor for a breakout above this resistance.
ONDO DAILY TIMEFRAME UPDATE (ON DEMAND) ❤️ THIS POST AND I WILL SHARE NEXT pair
ONDO token holders are entrusted with shaping the future of the Ondo DAO so that it continues to pursue its mission to democratize access to institutional-grade finance. The Ondo DAO gives ONDO holders specific rights pertaining to Flux Finance, which is currently governed by the Ondo DAO
ANY THOUGHTS ON LSE:ONDO ?
Velas (VLX) Technical Analysis & Market Outlook – March 2025🚀 Velas (VLX) Technical Analysis & Market Outlook – March 2025 🚀
📊 Current Market Structure & Technical Indicators
🔹 Trend Overview: Velas has been in a prolonged descending trading channel, reaching its lowest price of 2025, making this a potential accumulation zone.
🔹 Key Support & Resistance Levels:
Support: 🟠 $0.00399 (historical low) and $0.00526 (current price level).
Resistance: 🔵 $0.00749 (major breakout target) and $0.00900 (mid-term bullish target).
🔹 Indicators Analysis:
WMC Cipher B Divergences: Strong bullish divergence detected, suggesting upward momentum.
RSI (14): Currently at 56.50, breaking above the neutral zone, indicating a reversal trend.
Money Flow Index (MFI): Positive inflow, signaling increasing interest and potential accumulation.
Stochastic (14,3,1): Overbought but still showing strength in the recovery phase.
📌 Conclusion: VLX has reached its lowest point and is forming a potential breakout from the descending channel. A break above $0.00749 will confirm a bullish trend.
🔥 Velas Ecosystem Updates & Growth Potential 🔥
💡 Major Developments in the Velas Ecosystem
✅ 1M VLX Tokens for Staking Rewards!
Just last week, in collaboration with @AccumulatedFi, 1 million VLX tokens were allocated and distributed among $stVLX stakers, further boosting incentives for long-term holders.
✅ Subchains & Advanced Smart Contract Features
Two weeks ago, Velas introduced a powerful devnet update, significantly improving scalability and efficiency:
Hosting Subchains: New architecture supports subchains with an updated configuration (semi-compatible with geth init).
Improved Subchain Management: More efficient program instructions, leading to faster and smoother blockchain operations.
Mint/Burn Token Mechanism: Subchains now support a dynamic mint/burn token system, enabling more advanced DeFi applications and scalability solutions.
✅ New Devnet Release! 🚀
The Velas team isn't slowing down! They will release another devnet update, introducing:
Internal Transaction Explorer: Users will be able to track internal blockchain transactions, enhancing transparency.
Refined Documentation: Continuous improvements to the Velas Docs ensure seamless onboarding for developers.
🌟 The Road to Velas' Glory – ALEX ALEXANDROW & THE TEAM ARE DELIVERING! 🌟
The Velas team, led by Alex Alexandrow, is on a mission to bring Velas back to its well-deserved glory. With continuous groundbreaking updates, strategic partnerships, and enhanced scalability, Velas is proving itself as a top-tier blockchain project with unmatched potential.
🔥 With major innovations, growing adoption, and a rebounding market, Velas is positioned for a massive breakout! 🔥
#Velas #VLX #Crypto #Blockchain #DeFi #Web3 #Staking #Innovation #Trading #HODL 🚀
USUAL/USDT Rising Wedge – Bulls in Control, But Can It Hold?🚀 Rising Wedge – Bulls in Control, But Can It Hold?
I'm currently long on USUAL/USDT as price moves within this rising wedge on the 1H chart. While this pattern often signals a potential breakdown, momentum is still strong for now.
📊 Key Observations:
🔹 Rising wedge pattern forming – typically bearish, but breakouts can happen.
🔹 MACD is bullish, showing momentum still favors the upside.
🔹 RSI is climbing, approaching overbought territory – watching for signs of weakness.
🔹 Volume increasing, signaling strong participation from buyers.
🎯 Trade Plan:
✅ Current long position targeting $0.2497 (potential breakout zone).
✅ If price breaks above resistance, we could see further upside towards $0.27+.
⚠️ However, if the wedge breaks down, key support sits at $0.22, with the measured move potentially dropping to $0.20 or lower.
🔥 Watching closely – will bulls hold, or is a reversal coming? Stop-loss in place to manage risk. Let’s see how this plays out!
Drop your thoughts below! 👇 Are you long or short on this move?
#Crypto #USUAL #Trading #PriceAction #TechnicalAnalysis #CryptoTrading #LongPosition
USDCHF H1 | Bearish BreakoutBased on the H1 chart analysis, we can see that the price is currently testing our sell entry at 0.9016. A bearish breakout from this level could drop toward our take profit, which will be at 0.8973, an overlap support that aligns close to the 61.8% Fibo retracement.
The stop loss will be placed at 0.9054, which is a swing-high resistance.
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XAUUSD on Drop As Market is on bearish cycle after break of 2880 structural support & gives closing of weekly below the previous week candle.
What scanario we have?
▪️ if H4 candle remains below the structure support at 2880 then Market will reamin on selling side towards 2850 and 2842 in extension.
▪️on the other hand, at moment all concerns about closing of H4 candles at 2880.if 2880 suffer and invalidated and closes above 2881-83 this chart will be invalid and wait the correction to buy.