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ETHUSD – Bullish Quasimodo + iH&S Breakout | Upside Targets!Ethereum (ETHUSD) has completed a textbook bullish Quasimodo pattern in confluence with an Inverse Head & Shoulders (iH&S) on the 15-minute timeframe. Price has broken out with strong bullish momentum, and the structure suggests more upside ahead. 📊 Technical Breakdown 1. Quasimodo Pattern A well-defined Quasimodo reversal formed at the swing low, providing early signs of a bullish trend shift. This pattern combines a higher low and reclaimed structure—offering an excellent base for trend continuation. 2. Inverse Head & Shoulders Left Shoulder, Head, and Right Shoulder clearly structured with neckline breakout confirmed. Breakout above neckline resulted in a 5.38% rally into minor resistance. 3. Bull Flag Formation A short consolidation just below the recent highs resembles a bull flag, typically a continuation signal. Breakout from the flag would trigger the next leg toward the final target. 🎯 Targets Minimum Target: 2,121.41 — aligns with neckline projection. Final Target: 2,229.90 — 6.27% projected move based on iH&S measured move. 📌 Trade Idea Entry Zone: On bull flag breakout above 2,093 Stop Loss: Below 2,060 (flag low support) TP1: 2,121 TP2: 2,229 🔎 Key Confluences Pattern Breakouts ✅ Strong Momentum ✅ Clean Structure & Price Geometry ✅ ETH bulls have reclaimed short-term control. If momentum sustains, the upside targets are well within reach.
BINANCE:ETHUSDLong
by ForexOptimizer
BTCUSD – Rising Wedge Breakdown Setup | Short OpportunityBitcoin (BTCUSD) is trading inside a rising wedge pattern on the 4H chart—typically a bearish reversal structure. Price is currently hovering near the wedge resistance and a previous supply zone, presenting a clean short opportunity with solid risk-to-reward. 📊 Technical Breakdown 1. Rising Wedge Formation The price action has formed a clear rising wedge, a pattern often associated with a bearish breakout. Current price action shows momentum fading near the wedge top, aligning with historical resistance. 2. Key Sell Zone The 88,600–89,000 region marks an ideal short-entry zone. This overlaps with a prior consolidation/supply block and wedge resistance—making it a high confluence zone. 3. Bearish Target & Projection Breakdown of wedge support could drive price down toward the target zone near 78,000, a potential -8.89% move. This target zone acted as a strong demand area in mid-March and is likely to attract buy interest again. 📌 Trade Plan Sell Entry: Around 88,600–89,000 Stop Loss: Above 92,923 (beyond wedge + supply zone) Target: 78,000 zone, prior demand and technical projection Risk-to-Reward: High conviction R:R setup with structured invalidation ⚠️ Watch for Confirmation Ideal confirmation would be a strong bearish 4H candle below wedge support or bearish divergence on RSI/MACD.
BINANCE:BTCUSDShort
by ForexOptimizer
4
XAUUSD – Symmetrical Triangle Breakout or Breakdown?Gold (XAUUSD) is currently coiling within a symmetrical triangle on the 1H timeframe, indicating that a high-probability breakout or breakdown is imminent. Price is consolidating after a strong bullish trend, but volatility is compressing—typically a precursor to explosive movement. 📊 Technical Analysis 1. Symmetrical Triangle Formation Price has been tightening within a symmetrical triangle, marked by lower highs and higher lows. These patterns typically resolve in the direction of the preceding trend—but can also serve as reversal zones, especially at key highs. 2. Dual Scenarios Mapped Out Bullish Breakout: If price breaks above the triangle, bulls may push toward the psychological resistance and Fibonacci extension target near 3,101.642, continuing the trend. Bearish Breakdown: A rejection at triangle resistance and clean break below the support line could send gold down to the demand zone around 2,929, a 2.6% potential move, aligning with previous structure support. 3. Key Support Zone The highlighted yellow block shows a strong demand zone, previously respected during a mid-March consolidation. Price could seek this level if the triangle resolves to the downside. 🧠 Trade Setup Ideas Bullish Bias: Break and hold above 3,020, potential long entry with TP around 3,101 Bearish Bias: Breakdown and close below 3,000, targeting the 2,930–2,915 zone Invalidation Levels: Above 3,035 for bearish, below 2,995 for bullish
OANDA:XAUUSDShort
by ForexOptimizer
GOLD(XAUUSD) -Weekly Forecast,Technical Analysis & Trading Ideas💡 OANDA:XAUUSD Daily Timeframe: As forecasted by 4CastMachine AI last week, gold started its decline when it hit the red channel line. This decline will continue, but the support area of ​​2955 could trigger a rebound. At the support area of ​​2955, the up trend line will also prevent further declines. If this area is broken, the price will decline to the support area of ​​2789.95. This area, which was previously a major resistance, will become a major support, creating a good buying opportunity. So, given the long-term uptrend, we can use this area as a long-term BUY ZONE. 💡 TVC:GOLD H4 Timeframe: The price is in a Corrective wave. Given the break of the ascending trend line in the RSI, the corrective wave is expected to continue to a depth of 2955. 💡 H1 Timeframe: A Head and Shoulder Reversal Pattern has formed and the neckline has also been broken. Price is touching the neckline again. It is very likely that the downward wave will start from this area. 3027.83 support is broken now. It will act as a Resistance now! Forecast: Correction wave toward the Sell Zone Another Downward Impulse wave toward Lower TPs __________________________________________________________________ ❤️ If you find this helpful and want more FREE forecasts in TradingView, . . . . . . . . Hit the 'BOOST' button 👍 . . . . . . . . . . . Drop some feedback in the comments below! (e.g., What did you find most useful? How can we improve?) 🙏 Your support is appreciated! Now, it's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Have a successful week, ForecastCity Support Team
FX:XAUUSD
by ForecastCity
17
$BTC FINALLY BULL RALLY ON CHART NOW & 2nd TAKE PROFIT DONEJUST IN NEWS : BTC Bear Market To Last 90 Days, Analyst Predicts, as Trade War Fears and Whale Activity Impact Prices Bitcoin has entered a bear market, with its price dropping over 20% from its all-time high. Market analyst Timothy Peterson expects the downturn to last 90 days, arguing that this decline is weaker than most past bear markets. He noted that out of the 10 previous downturns, only four—2018, 2021, 2022, and 2024—have been worse in terms of duration. Peterson does not see BTC sinking far below $50,000 but says a slide in the next 30 days could be followed by a 20-40% rally after April 15. He believes this could trigger renewed buying interest and push Bitcoin higher. Investor sentiment has been affected by global trade war concerns following tariffs imposed by U.S. President Donald Trump and retaliatory measures from multiple trading partners. The uncertainty has led to a decline in speculative investments. The Glassnode Hot Supply metric, which tracks BTC held for a week or less, has fallen from 5.9% in November 2024 to 2.3% by March 20, signaling reduced short-term trading activity. A CryptoQuant report also suggests that most retail investors are already in the market, countering expectations that a surge of new traders would drive prices up. Ether has also struggled, losing over 51% in three months since peaking above $4,100 on December 16, 2024. Analysts say ETH must reclaim the $2,200 range to gain upward momentum. “If price can generate a strong enough reaction here, then #ETH will be able to reclaim the $2,196-$3,900 Macro Range (black),” wrote crypto analyst Rekt Capital in a March 19 X post. Despite positive regulatory developments, such as the U.S. Securities and Exchange Commission dropping its lawsuit against Ripple, ETH has yet to see significant gains. Market uncertainty remains high, with some analysts expecting economic pressures to last until at least April 2025. Despite short-term volatility, long-term projections remain optimistic. VanEck has predicted a $6,000 cycle top for ETH and a $180,000 peak for BTC in 2025. Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your own research before making any investment decisions.
Long
by SUBROOFFICIAL
Gold Price Analysis March 24Fundamental Analysis Meanwhile, the US Dollar (USD) is struggling to capitalize on a three-day rally from multi-month lows amid expectations that a tariff-driven US economic slowdown could force the Federal Reserve (Fed) to resume its rate-cutting cycle soon. This, coupled with geopolitical risks, acted as a non-yielding driver for Gold and helped limit downside momentum. Hence, it would be prudent to wait for a strong follow-through before confirming that XAU/USD has topped out in the near term and positioning for any meaningful corrective slide. Technical Analysis Friday's D1 saw strong selling pressure with the sharpest drop from 3046 to 3000. Late in the day, bulls pushed the price back 50% of the D candle. This shows that bears have entered the market but the downtrend will take some time. The h4 structure is quite nice to see the buy and sell wave structure. Scenario 1: In the 3026 zone of the European session, selling pressure has appeared. If the price pushes up to break the 3026 zone at the end of the session, it will give a BUY signal, break 3026, target 3037. When the US session breaks 3037, keep the order until 3045. The 3045 zone gives a good SELL signal for today if the price finds it. When the price reaches 3037 and cannot break this zone when the US enters, it can SELL to 3026, further than 3018. Scenario 2: The price does not break 3026 but falls, then wait for support around 3013 and support 3003.
OANDA:XAUUSD
by TVS-Trader
My Technical Analysis for $TSLA (Tesla)📊 Technical Analysis: NASDAQ:TSLA (Tesla) 🗓️ Updated: March 24, 2025 🚨 Critical Zone Being Tested After breaking out of a multi-year symmetrical triangle, NASDAQ:TSLA is now retesting the upper boundary of the pattern — perfectly aligned with the key ACTION ZONE (liquidity zone + long-term MAs). 🔵 ACTION ZONE ($245–265): High-probability decision area. Holding this level could trigger a fresh bullish leg. 🟣 SWING BOX ($180–210): If support fails, this is the next logical area for a potential bullish reaction. 🟡 FVG Daily ($75–115): Unmitigated Fair Value Gap. Only relevant in case of a major breakdown. 📉 SMI (Stochastic Momentum Index): Currently in negative territory, but nearing oversold — watch for a potential reversal. 🎯 Scenarios: Bullish: Strong rejection from the Action Zone → potential move to $350–400 ✅ Bearish: Breakdown below the blue zone → eyes on Swing Box or FVG for reentry ⚠️ 📌 Reminder: This is not financial advice. Always manage risk and wait for confirmation before entering a trade. 💬 What do you think? Is Tesla preparing for a bounce or heading lower? 👇 Share your thoughts in the comments!
NASDAQ:TSLA
by VidaDeTraderPT
The Dow Jones Industrial Average (US30) 23 MARCH 2025The Dow Jones Industrial Average (US30) is currently trading within a well-defined ascending channel, maintaining its long-term bullish structure. Price recently tested the lower boundary of the channel, aligning with a strong demand zone around 40,892 - 40,053, and is now showing signs of a potential reversal. The smart money concept (SMC) perspective suggests that institutions may have accumulated positions at this level, preparing for a bullish move toward the 44,500 - 44,800 supply zone. If price sustains above 42,000, buyers could take control, targeting liquidity above previous highs. From a supply and demand standpoint, the 40,892 - 40,053 level acted as a key demand zone, where buyers aggressively stepped in to defend the trend. The next area of interest is the 44,502 - 44,809 supply zone, which aligns with historical resistance. If price reaches this level, we may see profit-taking or a potential rejection. However, a break above 44,809 would indicate bullish continuation toward new all-time highs. On the fundamental side, several factors support a potential bullish move. Federal Reserve policy remains a key driver; if the Fed signals rate cuts later in 2025 due to slowing inflation, equities could rally further, benefiting the Dow. Additionally, US economic resilience, strong labor markets, and robust earnings from industrial and financial sectors could provide further upside momentum. On the downside, risks remain from geopolitical tensions, trade wars, and inflation concerns, which could create volatility and potential corrections. Given these factors, a long trade setup appears favorable. The ideal entry point would be near 42,000, aligning with trendline support and demand. A stop-loss below 40,800 would protect against an unexpected bearish break. Take-profit targets include 44,500 (supply zone) and 44,800 (liquidity sweep level), where price may face resistance. However, if price fails to hold 42,000, a deeper retracement toward 38,473 could be possible before the next bullish impulse. Would you like me to refine this setup further with risk management and position sizing details? 🚀
THINKMARKETS:US30Long
by karabompesi
Bullish on Monthly TF but..Bullish on Monthly TF. No Bearish Divergence on Monthly Tf. But 40 - 40.20 is a Very Strong Resistance that needs to Cross & Sustain with Good Volumes to reach 45 - 46 & then 50+ We should not ignore that it has taken Support from a Very Important Fib level around 32.40 Monthly Closing above 33.60 would be a Very Healthy sign. So any dip towards 36.50 - 37.50 & then 34.50 - 35.50 can be a Buying Opportunity. However, it should not break 31.80 otherwise we may witness further Selling Pressure towards 28.50 - 28.70
PSX:PRL
by House-of-Technicals
BTC/USDT Bearish Setup – Sell Limit & Target ZonesMarket Overview: Bitcoin (BTC/USDT) is currently trading within a well-defined descending channel after an extended bullish rally. The price action shows signs of a lower high formation, indicating a possible continuation of the downtrend. This setup aligns with a sell limit strategy, anticipating a rejection from a key resistance level before a potential decline toward lower support areas. Technical Breakdown: 📉 Descending Channel Formation: BTC has been trading in a downward-sloping parallel channel, with multiple touches on both the upper and lower boundaries. The price is currently attempting to retest the upper trendline of the channel, which could act as strong resistance. 💰 Sell Limit Placement at Resistance ($88,907): The chart highlights a key resistance level at $88,907, which aligns with: The upper boundary of the descending channel. A previous supply zone, where sellers were active. A potential area of rejection, leading to further downside. 📌 Fair Value Gap (FVG) & Handle Trendline: The D1 Fair Value Gap (FVG), marked on the chart, suggests an imbalance in price that may get filled before any reversal. Additionally, BTC is hovering around the upper trendline of the handle formation, making this a crucial confluence zone for decision-making. 📊 Bearish Target Levels: Primary downside target: $74,431 – A strong historical support and previous reaction zone. Secondary target: $73,829 – This level coincides with the mid-level of the fair value gap. Final bearish target: $68,972 – The lowest target inside the demand zone, potentially acting as a key reversal point. 🚨 Bearish Confirmation: If BTC gets rejected from the sell limit zone ($88,907) and breaks below support structures, it could trigger a further decline. Break of trendline support + volume confirmation will strengthen the bearish bias. Trading Plan: ✅ Sell Limit Entry: $88,907 🎯 Target 1: $74,431 🎯 Target 2: $73,829 🎯 Target 3: $68,972 ❌ Invalidation: A strong breakout above $88,907 with volume could invalidate this setup.
Short
by PIPsOptimizer
EURUSD – Rising Wedge Breakdown | FVG in PlayEURUSD has broken down from a Rising Wedge pattern on the 1H timeframe, suggesting a bearish momentum shift after a strong rally. The current price action indicates a likely continuation lower, targeting the Fair Value Gap (FVG) zone and major support near 1.07047. 📊 Technical Breakdown 1. Rising Wedge Pattern A clean bearish rising wedge formed during the uptrend, with price contracting upward and volatility drying. The breakdown from this wedge came with strong bearish momentum, confirming the pattern's bearish bias. 2. Fair Value Gaps (FVGs) as Draws on Liquidity Two unmitigated FVGs lie below current price: First zone near 1.0780 Second deeper zone near 1.07047, aligning with the projected measured move of the wedge breakdown. These zones act as magnetic targets for price to fill inefficiencies and collect liquidity. 3. Bearish Retest Structure Price is currently forming a potential retest of the broken wedge structure, which could provide an ideal short entry opportunity. Expected continuation downward upon rejection from this retest zone. 🧠 Trade Idea Entry Zone: After confirmation of rejection near 1.0850 (retest of wedge) Target: 1.07047 (FVG & measured move confluence) Stop Loss: Above 1.0885 (above wedge structure) Risk-Reward: Solid setup with FVG and structure confluence ⚠️ Key Levels to Watch Resistance: 1.0850–1.0880 (wedge retest) Support/Target: 1.07047 (FVG fill + structure) Break back above 1.0900 invalidates the short setup.
Short
by ForexOptimizer
Bullish Reversal with Inverse Head & Shoulder + QuasimodoEthereum is currently showing strong bullish potential on the 1-hour chart, forming a powerful confluence of reversal patterns—Inverse Head & Shoulders and the Quasimodo Pattern. These patterns often indicate trend exhaustion and signal a shift in momentum. 📊 Pattern Analysis 1. Inverse Head & Shoulders Pattern This pattern is a classic bullish reversal setup. The structure is well-defined: Left Shoulder: Forms after a local downtrend. Head: Makes a deeper low. Right Shoulder: Higher low indicating reduced selling pressure. The neckline has just been breached, suggesting the breakout has begun. 2. Quasimodo Pattern (QM) Often forms at key reversal points. Characterized by a head and shoulders structure with a lower low (head) and a higher low (right shoulder). Acts as additional confirmation of a reversal with tight invalidation zones. The Quasimodo zone also aligns with strong demand just below $1,970. 🎯 Target Projection The projected minimum target is measured from the bottom of the head to the neckline, then added to the breakout point. Target: ~$2,121.41 This implies a 5.38% potential move from the breakout zone. The yellow highlighted area marks a potential supply zone, where price could face resistance. 🧠 Trade Considerations Entry: On breakout above neckline (already triggered). Confirmation : Look for bullish candles + volume spike. Retest Entry: If price revisits the neckline (~$2,000 zone) and holds as support, it provides a second chance entry. Invalidation: A break below the right shoulder (~$1,965) would invalidate the pattern setup. Stop Loss Idea : Below the head or right shoulder depending on risk tolerance. 📌 Confluence Factors Dual bullish reversal patterns (H&S + QM) Breakout in progress with bullish momentum Strong price reaction from the higher low confirms buyer interest Room to run into previous supply zone around $2,120–2,140
BINANCE:ETHUSDLong
by ForexOptimizer
Bitcoin (BTCUSD) - Bullish Breakout from Strong Falling WedgeBitcoin is currently showing signs of a potential breakout from a strong falling wedge pattern on the 4H chart, which is a classic bullish reversal signal. 🔍 Technical Highlights: The falling wedge has been forming since late January, creating a series of lower highs and lower lows. Price action is now consolidating near the wedge resistance, indicating an impending breakout. A previous bullish leg saw a price rally of 25,428.16 (+30.29%), suggesting strong historical momentum. If BTC breaks out cleanly, we could see a similar or stronger move—projecting a potential rally of 28,086.24 (+31.12%). 📈 Expected Target : ~$118,141, aligning with the measured move from the wedge breakout. 🧠 Trading Insigh t: Watch for a confirmed breakout with strong volume above the wedge resistance zone. Retests of the breakout area can offer ideal entries for continuation trades.
BINANCE:BTCUSDLong
by ForexOptimizer
GBP/USD LONGHi ! Based on the current price action and I have prepared 2 trades for next week. First is a long position from 1.287 where is VAL , price has respected this area, making it a good level for initiating a smaller long position with limited risk. Forward I am looking at 1.3 area and looking to scaling in after confirmation above 1.302 ensures that I participate in the trend continuation without overexposing prematurely. Step 1: Small Entry at 1.287 Entry: Long position at 1.287. Stop Loss: Below 1.2800. Take Profit: Partial profit near resistance at 1.3000, or hold until breakout confirmation. Step 2: Scale In After Breakout Entry Trigger: Wait for price action to break and hold above 1.302 (confirmed by strong candlestick close or volume spike). Entry Price: Enter larger position at 1.302. Stop Loss: Below recent breakout level (~1.295). Take Profit Levels: First Target: 1.3200. Second Target: 1.3400. FX:GBPUSD
Long
by Andrei_C