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Parallel Channel

Bitcoin - Finally time for a drop! (alien technology)Bitcoin (crypto) is a technology that was brought to planet Earth by alien species. You probably heard of Grays, Reptilians, and Dracos from TV or YouTube. These days they are everywhere, and they are represented as evil to humanity. They infiltrated the government, presidential candidates, and big companies. They are here, but you don't see them. You can watch the following interview with a reptilian: www.youtube.com Crypto technology is not new in the galaxy, and humans didn't invent it. But let's take a look at the price action. The Bitcoin bullish cycle is coming to an end. I think the end will be around 125,000 USDT, so you don't want to buy the TOP. We can expect a 60% to 50% correction in 2025/2026 - that would be 60k per Bitcoin. At the top of each bullish cycle, many people get stuck with their holdings by buying near-all-time highs, then experience a massive crash in their account due to extremely high Bitcoin volatility. In the short- term, I expect a pullback to the bottom of the parallel channel, profit 1: 99405, profit 2: 94700. Write a comment with your altcoin, and I will make an analysis for you in response. Also, please hit boost and follow for more ideas. 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
Gold - Prepare For A Devastating Drop!Gold ( TVC:GOLD ) will create a massive correction: Click chart above to see the detailed analysis👆🏻 Gold rallied more than +70% over the past couple of months, basically without showing any real correction. Therefore it is no surprise that after retesting the channel resistance, Gold is now showing some weakness. It is quite likely that this is just the beginning of a significant drop. Levels to watch: $2.000 Keep your long term vision, Philip (BasicTrading)
TVC:GOLDShort
by basictradingtv
8
EURO - Price can continue to decline inside falling channelHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Recently price broke $1.0560 level and fell to support line, after which rose to resistance line and continued to fall. Then price made a gap and fell to support level, after which some time traded near and then made upward impulse. Price broke resistance line with resistance level, and rose to $1.0630 points, but then it started to fall. In falling channel, price broke $1.0560 level again and fell to support area, after which bounced up, making a fake breakout. Next, Euro started to grow and now it continues to move up, therefore I think it can almost reach resistance line. After this, price can turn around and start to fall to $1.0470 support level inside falling channel. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Short
by WalterMoon
12
EURO - Price can bounce up from support level to $1.0650Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 A few moments ago price declined inside falling channel, where it fell from resistance line to $1.0765 level. Then price rose to resistance line of channel, making first gap and then making a downward impulse, exiting from channel. Also then, EUR continued to decline inside a downward pennant, where it broke $1.0765 level and later fell to $1.0470 level. Next, price declined to support line of pennant, after which made a second gap and rose to resistance line of pennant, After this, Euro declined to $1.0470 level and some time traded near, but now it trades close support line. Possible, price can fall to support level, exiting from pennant and then bounce up to $1.0650 If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
1
USDJPY → Consolidation of price in the sell zoneFX:USDJPY reaches a strong resistance at 153.87 within an uptrend. Will this direction continue, as the Fed rate meeting is ahead.... Fundamentally, today is a big day for the markets. At 19:00 GMT the Fed rate meeting, where with a 93% probability the decision to cut interest rates by 0.25% will be made, which will make the dollar less attractive, but for how long, given Trump's policy? Accordingly, the dollar is in a consolidation phase, traders are waiting. If the dollar starts a downward correction, it will affect the currency pair accordingly. But I do not exclude that on the background of high volatility the price may form a retest of resistance and a false breakout. Resistance levels: 154.95, 156.75 Support levels: 151.44, 159.69 At the moment, after the retest of 0.79 fibo and the key resistance at 153.877, the price is consolidating in the selling zone. The fundamental background may increase the pressure, which may lead to a fall. Regards R. Linda!
Short
by RLinda
5
Apple Wave Analysis 17 December 2024 - Apple rising inside impulse wave 3 - Likely to reach resistance level 260.00 Apple continues to rise inside the accelerated impulse wave 3, which previously broke the resistance zone located between the resistance level 242.00 and the resistance trendline of the daily up channel from the middle of September. The active impulse wave 3 belongs to the extended upward impulse sequence (3) from the start of August. Given the clear daily uptrend, Apple can be expected to rise further to the next resistance level 260.00 (target price for the completion of the active impulse wave 3).
NASDAQ:AAPLLong
by FxProGlobal
Amazon - This Could Be The Breakout Rally!Amazon ( NASDAQ:AMZN ) is creating a major breakout: Click chart above to see the detailed analysis👆🏻 With this monthly candle, Amazon is finally breaking above the previous all time highs and could therefore start the next major bullish cycle. After a 5 year consolidation, a confirmed breakout will lead to an unbelievable short squeeze, which could bring us all the way up to the top of the channel. Levels to watch: $200, $500 Keep your long term vision, Philip (BasicTrading)
NASDAQ:AMZNLong
by basictradingtv
19
XRP → Flag on the back of a strong rally. Going higher?BINANCE:XRPUSD after a strong rally forms consolidation in the format of a flag. According to technical aspects it is a prerequisite for continuation of the main movement. The price is testing the resistance of the figure... There is not much left to the key point - ATH. After a strong bullish growth the coin has been consolidating for two weeks, in general, on the background of a strong bull market this may be enough. Now we should wait until the price leaves the channel and the bulls keep the defense above the key zones, for example 2.658. In general, the potential of the project is quite positive, a lot of problems have been solved recently, which put enormous pressure on Ripple. Resistance levels: 2.6585, 2.8724, 3.063 Support levels: 2.473, 2.20 The coin is accumulating pre-breakout potential in the upper part of the local channel, which generally indicates which way the price is going to go. Breaking through resistance and consolidation of the price above 2.6585 will be a good confirmation of readiness for growth. Regards R. Linda!
BINANCE:XRPUSDLong
by RLinda
15
$SOL Breakout could be soon, 3 Opportunities SOL Has been consolidating since Mid-December, and now it could be gearing up for a bullish continuation to the upside. I have provided three potential paths for the chart, red being most degenerate, and green being the best long opportunity in my eyes. If SOL was to retest the range lows, it would be a beautiful setup for a long, but I don't think it is likely to happen, nor do I expect the red path to happen. Yellow, a breakout and retest of the current channel, would set us up well in the macro timeframe, with a potential scalp short when we near the POC at $240.3 USD Key Points: - 50D SMA- SOL is pushing to reclaim the 50D SMA, ~$228, if it gets to $228 I think one could go long with a stop loss at $223 - 100D SMA- $233, given the momentum on the short term, I think if SOL reclaims the 50D, it is likely to take the 100 as well as potentially push to range highs near $263 with a potential short scalp at the POC @$237.2 NFA DYOR Let me know your thoughts
COINBASE:SOLUSD
by httpz
1
Welcome to the Bitcoin Christmas PUMP! BTC 1D MACD Crossover↖️⬆️ Click the 🚀 Welcome to the Bitcoin Christmas PUMP! ₿ ₿ ₿ ₿ ₿ 🚀🚀🚀🚀🧑🏻‍🎄🧑🏻‍🎄🧑🏻‍🎄🎅🎅🎅🧑🏻‍🎄🧑🏻‍🎄🧑🏻‍🎄🚀🚀🚀🚀₿ ₿ ₿ ₿ ₿ The 1D MACD Crossover just signaled on COINBASE:BTCUSD BTC 1 Day candle. But that's not all. It's the type of crossover. Text book. RSI just entering 70 area. The last time the 1D MACD crossover happened, Bitcoin saw a 45% pump. looks like it should go to just past new year. The big question is does it continue before taking a breather.....? In fact, when using the last pump as a guide, it falls perfectly in line with the Fib levels and lands right around $150,000. (just my silly extrapolation. I'm sure it's nothing. ;)
COINBASE:BTCUSDLong
by tradepsych
1
STAG chart looks like a potentially nice longer term buyNYSE:STAG has been trading within this channel for about 2 years now. Each time it has hit the bottom the channel, it has bounced back to the top of the channel. Adding the Bollinger Bands, this area is also near the bottom band, which has been acting as support pretty consistently. This is where you would look to long IMO. If this pattern were to hold, would hold until the $41-$42 area and evaluate once it's there. This would be the first TP area, of approximately 20% gains. If this were to convincingly close below that shaded area/channel, it would invalidate this idea, and I would take the L on it. NYSE:STAG also pays a monthly dividend of $0.1233/share
NYSE:STAGLong
by bklyntrader21
Micron Technology - This Stock Will Double Soon!Micron Technology ( NASDAQ:MU ) is retesting massive support: Click chart above to see the detailed analysis👆🏻 After we saw a test of the resistance trendline on Micron Technology a couple of months ago, it was quite likely that we will eventually retest the previous all time high. This structure is now acting as massive support and together with the rising trendline, we will see a bullish rejection. Levels to watch: $90, $180 Keep your long term vision, Philip (BasicTrading)
NASDAQ:MULong
by basictradingtv
15
Bitcoin Ascending Bullflag Breakout Target 140kI am still expecting significant resistance in the 120-130k range so to see this having a full target of 140k is pretty wild to me. Perhaps we have. Correction before reaching its full breakout target, or perhaps price sends a large wick above the resistance up there to hit this target before that resistance rejects price for a significant correction. Either way I do anticipate we rise to at least 120k on this next move up. *not financial advice*
BITSTAMP:BTCUSD
by DrDovetail
2
EURUSD → Consolidation before Fed Interest Rate DecisionFX:EURUSD is in a consolidation phase, as is the dollar index. The outcome could be decided this week. Traders are waiting for the FED meeting on US interest rates Globally the trend is neutral, but the price is consolidating near the key support that has been holding the market for two years. Aggressive interest rate cuts in Europe are putting overall negative pressure on the currency pair. The dollar may go into a downward correction if the decision to cut interest rates is made on December 17-18. But any hint of hawkish policy on the part of the Fed may strengthen the dollar, which will intensify the decline in EURUSD Resistance levels: 1.0607, 1.065 Support levels: 1.045, 1.033 Based on interest, amid the downtrend, the price has not yet reached the key liquidity zone. Before important news, the market may reach 1.0607. But based on the technical and fundamental background, the fall may continue, and a breakdown of 1.0448 will strengthen this fall. Regards R. Linda!
Short
by RLinda
2
Bullish Patterns and Bitcoin: A Roadmap to $125KAs anticipated by many, following Trump’s election, Bitcoin experienced a significant surge. On November 14th, it encountered its first notable correction during this upward momentum. In early December, Bitcoin crossed the critical 100k milestone for the first time. However, this achievement was followed by a swift pullback. Since then, dips have consistently been met with strong buying activity, and as of now, the price has stabilized comfortably above this key psychological level. The price action since mid-November reveals the formation of an ascending channel, a technical pattern that historically suggests a 70% probability of continuation to the upside. A decisive breakout above 107k could confirm this bullish scenario, with a measured target for the next leg up around 125k if the pattern fulfills its statistical expectation.
BITSTAMP:BTCUSDLong
by Mihai_Iacob
2