Get started

Parallel Channel

OMUSDT → Paranormal behavior. Rally readinessBINANCE:OMUSDT as a whole looks stronger than the market. After a strong rally a correction in the format of a bearish wedge is formed, subsequently the price broke the resistance and is trying to consolidate above the key support Against the background of a weak market OM coin has good prospects as technically someone is interested in this project and the coin as a whole behaves strongly and looks stronger than the market. A breakout of the bearish wedge (consolidation pattern within the correction) is forming. If the bulls keep the coin above the previously broken figure resistance and above the base of the 6.752 reversal pattern, the growth may continue in the short to medium term Resistance levels: 7.39, 7.98 Support levels: 6.752, 6.51 One of the few coins that is rising while bitcoin is falling. Focus on the previously mentioned support levels, as well as on the local resistance 7.05, the break of which may provoke a prolongation of growth Regards R. Linda!
Long
by RLinda
3
GBPUSD → Consolidation after a trend breakout. Long-Squeeze?FX:GBPUSD may test the local support amid the pre-news correction of the DOLLAR. Traders are waiting for inflation data, high volatility is possible The fundamnetal situation is predisposed in favor of the pound sterling, which has an advantage on the back of the falling dollar, which is likely to take a medium-term position on the back of the Trump administration. Technically, GBPUSD is consolidating above the key support zone of 1.286 - 1.280 below which a huge pool of liquidity has formed which could be tested before the trend continues. Important news ahead. Traders are waiting for CPI data. High volatility is possible Resistance levels: 1.2938 (trigger) Support levels: 1.2868, 1.281, 1.2728 Bulls may be aggressive and keep the price from correcting downwards. In this case, price consolidation above 1.2938 could be a good entry point for the continuation of growth. But because of the upcoming news, I would prefer to wait for a retest of the liquidity zone 1.2868 - 1.281 before taking action to open a position. Regards R. Linda!
Long
by RLinda
3
NZDJPY → Attempting to change the downtrendFX:NZDJPY is trying to get out of the downtrend by breaking the channel resistance. Against the background of local strengthening of the dollar, the currency pair has all chances. Technically, buyers are starting to gain momentum and support the market, it can be seen on the background of locally growing minmiums, which gradually leads to the breakout of the channel resistance. The trigger in our case is the resistance 85.240 - a key level that divides the market into 2 planes. If the bulls are able to consolidate above 85.240, an impulse to 86.13, then 86.88 may be formed in the short-term. Support levels: 84.500, 84.00 Resistance levels: 85.240, 86.13 Initial testing of the trigger may end in a small pullback due to liquidity formed above. The pullback may be directed towards the previously broken channel resistance. But the emphasis is on price consolidation above 85.240, as this will be a prerequisite that the bulls are holding the market in the moment and are ready to keep going up. Regards R. Linda!
Long
by RLinda
3
Gold's Crazy Run: New All-Time High of 2994 - Reaching the TopFirst off, congratulations to those who entered a Buy order following yesterday's plan that I posted earlier. Gold is currently forming a small sideways range around the 2980-2990 area, and I believe there will be another upward push to grab liquidity from those entering SELL orders around this zone. This will create market panic, reaching a peak where no one dares to participate anymore. At that point, Gold will experience a strong correction. Therefore, today's Asian and European sessions will likely see a sideways range between 2980-2990, and the beginning of the US session will see an upward push to grab liquidity above the 3000 USD/oz level. The US session will then conclude with a price drop. If Gold's scenario plays out as expected, we can anticipate a profit-taking day from investors next Monday Thank you for your review, and I hope you'll stay longer by pressing Follow.
OANDA:XAUUSDLong
by RioNguyenCFD
Gold (XAU/USD) - Potential Liquidity Sweep Before ReversalGold has been in a strong uptrend, forming a rounded bottom pattern, which led to a breakout above key resistance. Currently, price is consolidating near the all-time high (ATH) around $3,005, suggesting a potential liquidity sweep before a larger move. 📌 Key Observations: Rounded Bottom Formation: A bullish reversal pattern led to a breakout. Consolidation Zone: Price is ranging just below the ATH, likely gathering liquidity. Liquidity Sweep & Weak Highs: The chart suggests a push above the ATH to trigger stops before a potential reversal. Projected Bearish Move: A break lower could lead to a corrective move towards $2,920 - $2,800 in the coming sessions. ⚠️ Trading Plan: Bullish Scenario: A clean breakout above ATH with strong volume could invalidate the bearish setup. Bearish Scenario: If the liquidity sweep occurs and price fails to hold above ATH, a strong sell-off could follow. Traders should watch for confirmation signals before entering any positions. Stay cautious and manage risk effectively! 📊 What are your thoughts? Will gold continue higher or reverse? Share your views below! #XAUUSD #Gold #Trading #Forex #LiquiditySweep #ATH
OANDA:XAUUSDLong
by PIPsOptimizer
2
BITCOIN → Short-squeeze 86-89K before falling further to 75KBINANCE:BTCUSD continues to form a downtrend after breaking the bullish structure on the weekly timeframe. There is no bullish driver yet, and technically, the price is heading to the global imbalance zone of 75-73K The past crypto summit and any other talk of cryptovalt support cannot support the market. Such events end with further market decline. Technically, the market continues to form a downtrend (global counter-trend), based on this alone, we can say that the price is now going against the crowd and this is generally logical behavior. Globally, the zone of interest is located in the following zones - 75K, 73K and order block 69-66K Locally, I would emphasize the nearest liquidity zones, located at the top, which can be tested before the further fall: 86697, 89.397 Resistance levels: 85135, 86678, 89397 Support levels: 79987, 78173, 73512 After the false break of 78K support there is no strong reaction, the market is forming a struggle for 84-85K zone, which generally indicates buying weakness. Before the further fall there may be a short-squeeze relative to the above mentioned zones of liquidity, which may lead to a further fall Regards R. Linda!
BINANCE:BTCUSDShort
by RLinda
33
Bitcoin Rejection at Resistance – More Downside Ahead?BTC/USD is trading within a descending channel, and price is now testing a key resistance zone near $84,500. If sellers step in, we could see a strong rejection leading to a further drop. 📍 Trade Setup: Short Entry: Near $84,500 - $85,000 (resistance zone) Stop Loss: Above $87,400 (to invalidate bearish setup) Target: $71,700 - $71,500 (lower boundary of the channel) 🔍 Technical Factors: ✔️ Bearish market structure with lower highs and lower lows ✔️ Resistance zone acting as a strong supply area ✔️ Descending channel guiding price lower 💡 Trading Plan: Look for rejection signs (bearish wicks, engulfing candles, or trendline rejections) before confirming a short position. A break above $87,400 could invalidate this setup and signal a potential reversal. 📢 What’s your view? Will Bitcoin break down, or are the bulls ready to take control? Let’s discuss! 🚀👇
BINANCE:BTCUSDShort
by ForexOptimizer
XAU/USD Reversal Setup – Potential Drop Incoming!Gold (XAU/USD) has recently tested a key resistance zone around $2,990, where price action is showing signs of rejection. The market made a strong bullish push, but the momentum appears to be fading near this supply zone. 📉 Possible Scenario: A bearish reaction from this resistance level could lead to a retracement towards the next key demand zone between $2,860 - $2,840. If selling pressure continues, we might even see a retest of the $2,822 support level. 🔍 Technical Outlook: Price is currently at a resistance zone, making it a high-probability short setup. Confirmation with bearish candles or trendline breaks could provide more confidence for sell entries. Targets for shorts are set at $2,860 and potentially $2,822. 💡 Trading Plan: Look for bearish confirmations (rejections, engulfing patterns, trendline breaks) before entering short trades. A daily close above $3,000 would invalidate this setup and could signal further bullish movement. What do you think? Are you bearish or bullish on Gold? Drop your thoughts in the comments! 📊🔥
OANDA:XAUUSDShort
by ForexOptimizer
BTC Speculative Elliot Wave Count (Diagonal as C)This sketch is based on the channels generated by my automated custom indicator, "Seer Tee," designed to replicate Candle Range Theory (CRT) by @Romeotpt. **Assumptions:** 1. We are in a corrective zigzag wave's final progressive wave, C. 2. Wave C is a diagonal. 3. The second internal wave of the diagonal forms an expanded or running flat. 4. The flat includes a diagonal C. Any invalidation of these assumptions will necessitate a revision of the entire count. Therefore, this sketch is a hypothetical, fragile, and speculative representation of the count.
INDEX:BTCUSDLong
by jackrabbitrage
Gold can exit from wedge and then continue grow to 3100 pointsHello traders, I want share with you my opinion about Gold. This chart shows how the price moved upward within a rising channel, reaching the 2665 level, which aligned with the buyer zone, and breaking through it. After that, the price retested this level and continued to rise within the channel. It then touched the support line, rebounded to the current support level, and broke through that as well. Following this, Gold made another retest and climbed to the resistance line of the channel before starting to decline. In a short time, the price dropped to the channel’s support line, then broke out of the pattern and continued falling within an ascending wedge. Eventually, it reached the 2835 support level, which coincided with the wedge’s support line and a broader support area, before beginning to recover. For some time, Gold traded near the wedge’s support line, and recently, it rebounded and reached the resistance line. Given this structure, I believe Gold may first make a corrective move before breaking out of the wedge by surpassing the resistance line. If that happens, I expect further growth, which is why my TP is set at 3100. Please share this idea with your friends and click Boost 🚀
FOREXCOM:XAUUSDLong
by LegionQ8
11
BITCOIN - Price can reach resistance line of wedge and then dropHi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 Some time ago price started to decline inside falling channel, where it aat once boucned from support line and rose to resistance line. Then it continued to fall and reached $91300 level, broke it soon, and continued to decline next. Price exited from channel and started to trades inside wedge, where it at once made upward impulse to $91300 level. After this, price some time traded near $91300 level and then in a short time declined to support area. But soon, BTC bounced from this area and recently it started to grow from $80000 support level. In my mind, Bitcoin can rise to resistance line and then drop to $77850 support line of wedge pattern. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Short
by WalterMoon
7
MDT ANALYSIS📊 #MDT Analysis ✅There is a formation of Descending Channel Pattern in daily chart. Currently #MDT is in bearish way. After a breakout of the pattern and major resistance level we would see a bullish momentum otherwise the price will drop more 🧐 👀Current Price:  $0.02980 ⚡️What to do ? 👀Keep an eye on #MDT price action and volume. We can trade according to the chart and make some profits⚡️⚡️ #MDT  #Cryptocurrency #Breakout #TechnicalAnalysis  #DYOR
by ZEUS_Market_Alerts
DEGOUSDT → An attempt to change the trend will end in a fallBINANCE:DEGOUSDT.P tried to break the trend, but faced strong resistance and a weak cryptocurrency market. The fall may continue... After breaking through the resistance of the descending channel, a bullish momentum (distribution) of 45% is formed, but the price bumps into a strong resistance of 2.11 - 2.18, which forms a trading range. Bears are not ready to give this zone to buyers and put pressure, a false breakout of resistance is formed after a long struggle for this zone and liquidation is formed when the base of 2.0 is broken. Buyers are in the panic zone. If the price fixes below 2.11 - 2.18, the fall in the short or medium term may continue. Resistance levels: 2.00, 2.18, 2.274 Support levels: 1.75, 1.584, 1.359 The market is generally weak and altcoins are reacting aggressively to local bitcoin movements (the point of which is to gather liquidity before a further fall). BTC has not yet reached a key target, which together with the lack of a bullish driver in the market creates pressure for altcoins. Regards R. Linda!
Short
by RLinda
2
Bitcoin - 60% crash to 32K | ETH is dying | Trump scam?Technically, Bitcoin is entering a huge bear market! This is what my charts and fundamentals tell me at the moment. Trump returned to the White House on January 20, 2025. This day, Bitcoin hit a new all-time high (109,588 USD), and since then, Bitcoin has been going only down! In 2019, Trump said he is not a fan of crypto. x.com So isn't it weird that Bitcoin has been going down since the beginning of his presidential post? (On January 20). Random or planned? Answer by yourself, but something seems to be fishy here. What about the latest Trump post on TruthSocial about the strategic crypto reserve? The market reacted very positively, but after a few days, the whole market completely crashed and is now finding its new low. Was this another trap? Clearly, everyone who bought into this news is at a loss on his trading account; that's for sure. What is happening to Ethereum? Ethereum is almost at the same price it was in 2018!! 7 years ago, the price of Ethereum was 1440 USD; the current price is around 1700 USD. I predict ETH to go to 750 USD in 2026. Why is this new technology struggling? Investors all over the world and early adopters are very disappointed by the performance of this coin. It also seems like the crypto market completely collapses, and only Bitcoin is surviving. Even though Bitcoin hit only 109k, which was most likely the ultimate top for the next few years, it was also less than everyone expected. I don't really want to talk about other altcoins because they are down 95% to 99%, and this bull market did nothing (sideways price action). In conclusion, this was the weakest bull market in history. From a technical point of view, Bitcoin (and all altcoins) is breaking down on the weekly chart! The bullish market structure is broken, and we entered a new downtrend. Where to buy BTC, ETH, SOL, XRP, and other coins? You can write me a comment below, and I will tell you. I start with BTC—buy Bitcoin at the 0.618 FIB retracement. This FIBO is at 32 688 USDT, so we need to wait 1 year for the price to come to this level. Be patient. So what to buy? Maybe focus on very low-cap coins; they do not follow the general trend (bull or bear). I have a tip for many coins, such as ATC (AutoTCrypto). Contract EQBMxFekc39SONbY8Mes8IwnZZlsPzeZhwz2c7sqMkkjI0uy. Where to buy? Use a decentralized exchange, such as dextools or ston.fi. Write a comment with your altcoin + hit the like button, and I will make an analysis for you in response. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!
Short
by Xanrox
177