EPIC/USDT Futures: Descending Triangle Breakout or Breakdown?Crypto Futures Technical Analysis (EPIC/USDT - 15m Chart)
1. Trend Direction:
The price is forming a descending triangle, indicated by the downward-sloping yellow trendline.
The trend is bearish, with lower highs being formed, suggesting strong selling pressure.
2. Key Support & Resistance Levels:
Support: Around $1.652 - $1.683 (highlighted in purple), where price recently bounced.
Resistance: At $1.819 - $1.85, near the descending trendline.
3. Potential Breakout or Reversal Points:
If the price breaks below the $1.652 support level with strong volume, a further drop is likely.**
If the price bounces and breaks above $1.819, it could confirm a bullish breakout.
4. Entry & Exit Points:
Long Entry: If price bounces off $1.652 - $1.683 with bullish confirmation.
Take Profit (TP): Near $1.819 - $1.85.
Stop Loss (SL): Below $1.652 (around $1.630).
Short Entry: If price fails to break $1.819 and rejects the descending trendline.
TP: Near $1.652 or lower.
SL: Above $1.85.
5. Risk-Reward Assessment:
The chart shows a risk-reward ratio greater than 1:2, making the long trade attractive if price holds support.
Watch volume spikes for confirmation—high volume on a breakout confirms strength.
Final Thoughts:
Bullish scenario: A break and close above $1.819 could trigger an uptrend.
Bearish scenario: A breakdown below $1.652 could push the price lower.
Monitor for candlestick confirmation (e.g., bullish engulfing, doji, or hammer at support).
Would you like a more detailed breakdown or strategy suggestions? 🚀
Longposition
The Big ReloadI anticipate a significant pullback on the daily timeframe, targeting the $15,000 level before resuming the upward trend.
Following a substantial break in the bullish trend, a robust retracement is expected. This correction should trigger considerable buying momentum around the $15,000 to $16,000 range, presenting opportunities for long-term positions to the upside.
BTC Warning Time .As of now according to weekly chart i can see that the Market is on that resistance level of its channel, so what i think here is that the Market will goes according to its history, probability is market will retest 50 MA and will show the new high, after that it will move towards channel's support level.
So According to me, its the best time to be Bullish, or have some spot in portfolio.
Double Bottom pattern: A bullish reversal signal The Double Bottom pattern is a classic reversal formation that signals a potential trend change from bearish to bullish. It occurs after a prolonged downtrend when price forms two distinct lows at a similar level, indicating strong support.
How to Identify:
✔️ Two Lows: Price touches the same support level twice, forming a "W" shape.
✔️ Resistance Breakout: The neckline (resistance level) marks the breakout zone.
✔️ Trend Reversal Confirmation: Once price breaks above resistance, momentum shifts bullish.
Interpretation:
In this chart, we see a clear bearish trend, followed by two attempts to break below the same support level.
After failing to break lower, buyers regained strength, pushing price above resistance, confirming the bullish reversal.
Once resistance turns into support, traders often enter long positions, targeting higher levels.
What’s Next?
A sustained breakout could fuel further upside momentum. However, watch for potential false breakouts and retracements back to support before continuation.
Google Update - Trade this range and new ATH Identified Update video on the google Long that has been planned since early FEB. The level has now been hit and we got a nice reaction off that level . In this video I look into where I think we go next and how price plays out .
In the video I use the following tools TR Pocket FIB , 0.618 FIB , Pivots , Parallel Channel and the Fixed range Vol Profile.
If we stay range bound inside the channel then we have the potential to see a new high on google at the top of the channel in confluence with 1-1 ext + tr pocket expansion .
Watch the video and mark the levels on your chart and ensure to set your alerts .
Dont forget to Boost the chart Please and i welcome any questions TY
XRP Weekly-Monthly Analysis / Retracement Levels for BuyWeekly - Monthly trend: Bearish
Chart Pattern: Head & Shoulders (H&S) - Continuation Pattern
Retracement Fib Price Levels:
0.00% (3.4000)
23.60% (2.6879)
38.20% (2.2474)
50.00% (1.8914)
61.80% (1.5353)
78.60% (1.0284)
100.00% (0.3827)
Good prices for buy:
61.80% (1.5353) – Golden Zone / Golden Pocket
78.60% (1.0284) – Entry Zone
Between 78.60% (1.0284) and 100.00% (0.3827) is the Risk Zone, which we have the Neckline of the ‘’ Quadruple Bottom Pattern ‘’ at the price range ‘’ 0.6291 – 0.7850 ‘’
How to develop a simple Buy&Sell strategy using Pine ScriptIn this article, will explain how to develop a simple backtesting for a Buy&Sell trading strategy using Pine Script language and simple moving average (SMA).
Strategy description
The strategy illustrated works on price movements around the 200-period simple moving average (SMA). Open long positions when the price crossing-down and moves below the average. Close position when the price crossing-up and moves above the average. A single trade is opened at a time, using 5% of the total capital.
Behind the code
Now let's try to break down the logic behind the strategy to provide a method for properly organizing the source code. In this specific example, we can identify three main actions:
1) Data extrapolation
2) Researching condition and data filtering
3) Trading execution
1. GENERAL PARAMETERS OF THE STRATEGY
First define the general parameters of the script.
Let's define the name.
"Buy&Sell Strategy Template "
Select whether to show the output on the chart or within a dashboard. In this example will show the output on the chart.
overlay = true
Specify that a percentage of the equity will be used for each trade.
default_qty_type = strategy.percent_of_equity
Specify percentage quantity to be used for each trade. Will be 5%.
default_qty_value = 5
Choose the backtesting currency.
currency = currency.EUR
Choose the capital portfolio amount.
initial_capital = 10000
Let's define percentage commissions.
commission_type = strategy.commission.percent
Let's set the commission at 0.07%.
commission_value = 0.07
Let's define a slippage of 3.
slippage = 3
Calculate data only when the price is closed, for more accurate output.
process_orders_on_close = true
2. DATA EXTRAPOLATION
In this second step we extrapolate data from the historical series. Call the calculation of the simple moving average using close price and 200 period bars.
sma = ta.sma(close, 200)
3. DEFINITION OF TRADING CONDITIONS
Now define the trading conditions.
entry_condition = ta.crossunder(close, sma)
The close condition involves a bullish crossing of the closing price with the average.
exit_condition = ta.crossover(close, sma)
4. TRADING EXECUTION
At this step, our script will execute trades using the conditions described above.
if (entry_condition==true and strategy.opentrades==0)
strategy.entry(id = "Buy", direction = strategy.long, limit = close)
if (exit_condition==true)
strategy.exit(id = "Sell", from_entry = "Buy", limit = close)
5. DESIGN
In this last step will draw the SMA indicator, representing it with a red line.
plot(sma, title = "SMA", color = color.red)
Complete code below.
//@version=6
strategy(
"Buy&Sell Strategy Template ",
overlay = true,
default_qty_type = strategy.percent_of_equity,
default_qty_value = 5,
currency = currency.EUR,
initial_capital = 10000,
commission_type = strategy.commission.percent,
commission_value = 0.07,
slippage = 3,
process_orders_on_close = true
)
sma = ta.sma(close, 200)
entry_condition = ta.crossunder(close, sma)
exit_condition = ta.crossover(close, sma)
if (entry_condition==true and strategy.opentrades==0)
strategy.entry(id = "Buy", direction = strategy.long, limit = close)
if (exit_condition==true)
strategy.exit(id = "Sell", from_entry = "Buy", limit = close)
plot(sma, title = "SMA", color = color.red)
The completed script will display the moving average with open and close trading signals.
IMPORTANT! Remember, this strategy was created for educational purposes only. Not use it in real trading.
#VRUSDT continues its uptrend📈 LONG BYBIT:VRUSDT.P from $0.011718
🛡 Stop Loss: $0.011470
⏱ 1H Timeframe
⚡ Action Plan:
✅ BYBIT:VRUSDT.P price broke the resistance level and is consolidating above it, confirming a bullish scenario.
✅ The asset is trading above the POC (Point of Control) at $0.00862, indicating buyer dominance.
✅ Increasing volume on the breakout confirms the strength of the upward movement.
🎯 Target TP Levels:
💎 TP 1: $0.012110
📢 A breakout above $0.011718 will confirm the continuation of the uptrend.
📢 POC $0.00862 remains a key support zone.
📢 Rising volume at the breakout suggests a high probability of reaching target levels.
📢 Partial take-profit at TP1 ($0.012110) helps minimize risks in case of a pullback.
🚀 BYBIT:VRUSDT.P continues its uptrend – watch for upward movement and secure profits at TP!
GBP/USD Trade Recap – A Perfect Long Setup 1️⃣ Trade Execution – Why I Took the Long Position
Today’s GBP/USD trade was a textbook example of combining Fibonacci retracements, smart money positioning, and seasonality trends to catch a high-probability long setup.
💡 Entry Details:
✅ Entry: 1.2600 (Fibonacci golden zone)
✅ Stop Loss: 1.2587 (Below structure)
✅ Take Profit: 1.2635 (Key resistance zone)
✅ Risk-Reward Ratio: 3:1
🎯 Result: Hit TP at 1.2635 for a solid profit! ✅
2️⃣ Why This Trade Worked – A Breakdown of the Confluences
📊 Fibonacci Retracement – Perfect Pullback & Reversal
Price retraced to the 61.8%-78.6% Fibonacci zone (1.2600 - 1.2593) before reversing.
The bullish move was expected after a strong impulse leg, following smart money positioning.
📈 Smart Money & Retail Sentiment – Trading Against the Herd
🔹 62% of retail traders were SHORT on GBP/USD (as per DMX data).
🔹 Since I trade against retail sentiment, this provided a strong bullish confirmation.
🔹 Institutional COT data showed big players increasing long positions, further supporting a bullish bias.
🕵️♂️ Seasonality & Historical Trends Supported the Long
📊 15-year seasonality data indicated GBP/USD typically rallies in late February and early March.
📅 The next 3-5 day forecast showed a bullish probability, adding further conviction.
📉 Technical Confirmation – Momentum Indicators & Structure
✅ SuperTrend flipped bullish on the 4H chart
✅ Price was trading above key moving averages (EMA 6, 24, 72, 288)
✅ Broke above short-term trendline resistance, confirming upward momentum
3️⃣ Key Takeaways from This Trade
🔹 Trading with smart money & against retail sentiment = High probability setups
🔹 Seasonality provided extra confidence in taking the long trade
🔹 Using Fibonacci and EMAs for confluence led to a precise entry
🔹 Patience and risk management were key to securing profits
📌 Final Thoughts – What’s Next for GBP/USD?
🚀 With this bullish breakout, I will look for further longs on dips, targeting the next key resistance at 1.2680 - 1.2700.
👀 Are you bullish or bearish on GBP/USD? Let’s discuss in the comments!
DEVIATON INJIt looks like we have a deviation below the demand zone and the $13.8 support, which could present a buying opportunity.
I’m waiting to see if the price finds support around $14.4.
If the price drops below $14 and stays there for an extended period, I’ll reassess the trade, as we could see another leg down toward the $8-$11 zone, where stronger support is likely.
For now, the weekly oscillators look decent—Stoch RSI is close to a bullish cross, and RSI has found support at 40.
Long on Nikkei 225For now, I am long on Nikkei 225. We have a bottom, currently looking for a retest of broken support and a higher low. Once confirmed this is an easy long to the golden zone between 0.5 and 0.618 Fibonacci retracement levels.
Target 1 - 39,400
Target 2 - 40,300
For mid term I will be looking for a significant pullback from the nikkei 225. However, there is still potential for bullish price action in the short term.
#TRBUSDT remains bullish📈 LONG BYBIT:TRBUSDT.P from $38.35
🛡 Stop Loss: $38.00
⏱ 1H Timeframe
✅ Overview:
➡️ BYBIT:TRBUSDT.P is in a strong uptrend, breaking the key $38.35 resistance level.
➡️ POC (Point of Control) at $34.47 indicates the highest liquidity zone far below the current price, confirming strong buyer support.
➡️ The price has broken through the $38.30 area and is consolidating above, opening potential upside toward $39.30.
➡️ If the price holds above $38.35, bulls may continue pushing towards target levels.
⚡ Plan:
➡️ Enter long after confirmation above $38.35, signaling a bullish continuation.
➡️ Risk management via Stop-Loss at $38.00, placed below the support zone.
➡️ Primary upside targets:
🎯 TP Targets:
💎 TP1: $38.90
🔥 TP2: $39.30
🚀 BYBIT:TRBUSDT.P remains bullish—expecting further upside!
📢 BYBIT:TRBUSDT.P shows strong buying momentum, breaking key resistance levels.
📢 If $38.35 holds as support, the probability of reaching $39.30 increases.
📢 However, if the price drops below $38.00, a pullback to lower levels may occur.
#SWELLUSDT longsignal📉 LONG BYBIT:SWELLUSDT.P from $0.01928
🛡 Stop Loss: $0.01890
⏱ 1H Timeframe
✅ Overview:
➡️ BYBIT:SWELLUSDT.P is showing a strong upward movement after breaking out of consolidation. The price has broken key resistance levels and is now forming a retest zone, confirming bullish strength.
➡️ POC (Point of Control) is located at $0.01175, far below the current price, indicating a shift to a new accumulation phase.
➡️ Trading volumes have increased significantly, which could further strengthen the upward impulse.
⚡ Plan:
➡️ Enter LONG at $0.01928 after confirming the breakout level.
➡️ Stop-Loss set at $0.01890 to protect against false breakouts.
➡️ Primary targets – $0.01967, $0.02013, and $0.02065, where partial profit-taking is possible.
🎯 TP Targets:
💎 TP1: $0.01967
🔥 TP2: $0.02013
⚡ TP3: $0.02065
🚀 Expectation: If the current trend holds, BYBIT:SWELLUSDT.P may continue its upward movement towards $0.02065 and beyond.
#BNXUSDT further bullish movement📈 LONG BYBIT:BNXUSDT.P from $0.6836
🛡 Stop Loss: $0.6436
⏱ 1H Timeframe
✅ Overview:
➡️ BYBIT:BNXUSDT.P broke through a key resistance at $0.6791, confirming buyer strength and signaling further bullish continuation.
➡️ Volume is increasing, indicating strong market interest in the uptrend.
➡️ POC at $0.4528 suggests that major liquidity was accumulated significantly lower, reinforcing the bullish trend.
➡️ The next upside target is $0.7396 , followed by $0.7873 if momentum continues.
⚡ Plan:
📈 Bullish Scenario:
➡️ Enter LONG from $0.6836 if the price maintains support above this level.
➡️ Manage risk with Stop-Loss at $0.6436 to protect against downside moves.
🎯 TP Targets:
💎 TP1: $0.7396 — first resistance level, potential profit-taking zone.
🔥 TP2: $0.7873 — strong level where buyers may exit.
🚀 BYBIT:BNXUSDT.P Expecting further bullish movement!
📢 If the price BYBIT:BNXUSDT.P holds above $0.6836, further upside toward $0.7396 and $0.7873 is likely.
📢 However, if it drops below $0.6436, the bullish setup may be invalidated.
GSAT - Split and Move to NASDAQ Monday at CloseI closed all my options except some short dated cheap OTM calls and puts in lots of 15 to hold as standard options post split, more as a lotto and protection for shares. I exercised all the 0.5c calls, the profit wasn't that high and it brought my average price down quite a bit.
I have no idea how its going to move post split. Sized for sideways or down. If it does drop farther I'll add after it stabilizes. Long play for me.
Bullish Opportunity on CADCHFCADCHF has been moving sideways for some time now and it seems ready for a breakout, the overall look is an upward breakout movement, it might have a short retest in key support zones as marked on the chart above or just breakout upward instantly without retesting the support zones
let's watch the market these coming weeks
comment, share and like
#BNBUSDT forecast for a long move📉 LONG BYBIT:BNBUSDT.P $589.70
🛡 Stop Loss: $588.50
⏱ 1H Timeframe
📍 Overview:
➡️ BYBIT:BNBUSDT.P continues to move within an ascending channel, gradually recovering after a local correction.
➡️ P OC (Point of Control) at $588.10 indicates a high-interest zone, from which price has rebounded multiple times.
➡️ The key resistance zone is around $592.45 , where the first profit target is set.
➡️ Holding above the current level could trigger further upside movement towards $596.00, strengthening the bullish momentum.
⚡ Plan:
➡️ Considering a LONG entry at $589.70, with a Stop Loss at $588.50 .
➡️ A breakout above $592.45 will confirm buyer strength and pave the way for $596.00.
➡️ Increased volume at the current level suggests institutional interest, increasing the probability of scenario execution.
🎯 TP Targets:
💎 TP 1: $592.45
💎 TP 2: $596.00
📢 BYBIT:BNBUSDT.P maintains a bullish structure despite temporary pullbacks.
📢 Key focus should be on price action at $592.45 – a breakout here will solidify the bullish case.
📢 Monitoring volume dynamics is crucial – increased buying activity will reinforce the uptrend.
🚀 BYBIT:BNBUSDT.P remains strong – expecting a move towards $596.00 upon breakout of key levels!
ENA/USDT LONG TERM🚀 Position: Long ENA/USDT
🎯 Strategy: Buy the Dip, Sell the Peak!
📈 Entry Targets:
Buy at 0.52 USDT (Initial Entry)
Accumulate at 0.39 USDT (Support Level)
💰 Take Profit Targets (Based on Fibonacci Levels):
TP1: 2.5 USDT
TP2: 3.88 USDT
TP3: 7.1 USDT Very risky... consider it as a top peak bonus.
🎢 Market Overview:
We aim to catch the retracement dip at strong support and ride the recovery towards Fibonacci extension levels.
⚠️ Risk Management:
Stop-Loss: Place your stop below 0.35 USDT for capital protection.
Adjust your take profit levels to secure gains as the price climbs.
📌 Reminder: "Buy the dip, sell the peak!" Stay disciplined and avoid chasing the pump.