Rectangle
Ethereum set for breakout? Watch this 27-day patternEthereum is forming a 27-day pattern that could trigger a major breakout. After last week's failed move in Bitcoin, Ethereum now sits at a critical level. A breakout above 2741 could signal the start of a big rally, especially if US deregulation news lands. Could this be the beginning of a big move? Watch the full analysis and share your thoughts in the comments.
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XPTUSD 1W:While Everyone Watches Gold, Platinum Quietly Wakes UpGold gets the headlines — but platinum just broke two years of silence with a clean, high-volume breakout from a symmetrical triangle on the weekly chart. And this isn’t noise — this is the structural shift traders wait for.
Price has been coiled inside a compressing wedge since early 2022. Equal highs. Equal lows. Stop hunts both ways. The classic “shake out before take off.” Now? The breakout is in. And the weekly candle closed above resistance with volume confirmation. Oh, and while we're at it — the 50MA just crossed above the 200MA, signaling a long-term trend reversal.
Target? Measure the triangle height: ~398 points. That projects a breakout target of 1440 USD, which aligns perfectly with previous institutional rejection zones.
But this isn’t just about the chart.
🔹 South Africa, the top global supplier, is struggling with energy and production cuts;
🔹 The Fed is pausing rate hikes — the dollar weakens, metals rally;
🔹 Demand from hydrogen tech, clean energy, and industrial catalysts is on the rise.
Translation? Smart money has been accumulating. The move from 965–1070 was just the ignition. The drive hasn’t started yet.
So while everyone fights over gold highs, platinum sits at the base of a move no one's prepared for — except those who know how accumulation ends.
🧭 Key support: 965–985
📍 Resistance zone: 1150–1180
🎯 Measured target: 1440+
SI1! - 7 months RECTANGLE══════════════════════════════
Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
🤝Let’s learn and grow together 🤝
══════════════════════════════
Hello Traders ✌
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment;
- since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant;
- the information that I think is important is very simple and can easily be understood just by looking at charts;
For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart.
Thank you all for your support
🔎🔎🔎 ALWAYS REMEMBER
"A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist"
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⚠ DISCLAIMER ⚠
Breakout Area, Target, Levels, each line drawn on this chart and any other content represent just The Art Of Charting’s personal opinion and it is posted purely for educational purposes. Therefore it must not be taken as a direct or indirect investing recommendations or advices. Entry Point, Initial Stop Loss and Targets depend on your personal and unique Trading Plan Tactics and Money Management rules, Any action taken upon these information is at your own risk.
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NZDJPY: Move Up Ahead! 🇳🇿🇯🇵
There is a high chance that NZDJPY will continue rising.
I see a strong intraday bullish confirmation after a confirmed
breakout of a key daily horizontal resistance.
Next key resistance is 0.875
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NAS100 [Consolidating ] – Will It Break Higher or Pull Back?The NAS100 has maintained a bullish structure and is currently pressing against the resistance zone around 21,777.3. This area has acted as a ceiling several times in recent sessions. Price is showing consolidation just below resistance, suggesting either an imminent breakout or another rejection.
Currently trading at 21,777.3, with
Support at: 21,450.0 🔽
Resistance at: 22,230.7 🔼
🔎 Bias:
🔼 Bullish: A strong break and hold above 21,777.3 may drive price toward the next resistance at 22,230.7.
🔽 Bearish: Rejection from 21,777.3 could lead to a retracement toward 21,450.0, with deeper downside potential if that level fails.
📛 Disclaimer: This is not financial advice. Trade at your own risk.
USDJPY: Bullish Outlook For Next Week Explained 🇺🇸🇯🇵
USDJPY completed a consolidation, violating
a resistance line of a horizontal range on a 4H time frame.
I believe that it provides a strong bullish confirmation signal.
The price will most likely go up and reach 146.0 level next week.
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GOLD Ready to Explode? Breaking ATH Resistance – 3800 Next?!Gold is heating up! 🔥 Price just broke the daily resistance trendline and is now testing the top of the range 👀
📈 A confirmed breakout could send us flying to 3523, 3628, and even 3800+ USD!
💡 Watch for strong bullish momentum above ATH resistance.
📊 Targets marked – Risk/Reward is 🔥
💬 What’s your bias – breakout or fakeout? Drop your thoughts below!
#Gold #XAUUSD #Breakout #TradingView #PriceAction #SmartMoney #TrendlineBreak
PolkaDot (DOT) Structure Analysis (1D)BITGET:DOTUSDT is showing signs of strength after a deviation below the long-standing $3.70–$4.10 demand zone.
Key Levels
• 🟢 Demand Zone: $3.70–$4.10, respected since October 2023
• 🟡 Broken downtrend resistance, retested as support
• ⚪ Current falling channel (compression) following range high retest
• 🟥 Sell Order Block: $5.10–$5.40
• 🟧 Range Resistance: $5.40
• 🎯 Target on breakout: ~$7.00, potential extension to ~$7.50
Thesis
• The recent breakdown was quickly reclaimed, hinting at a possible spring/fakeout. After retesting the range high, price is now compressing within a descending channel, building energy just above demand.
• A breakout from the channel followed by an S/R flip of the $4.40–$4.60 region could trigger a rally toward the upper range.
Watching for
• Channel breakout with volume
• Clean break above $5.40 to confirm range expansion
Invalidation
• Sustained break below the $3.70–$4.10 demand zone
RITESRITES showing good strength in recent session. And currently trading near strong hurdle. It has a strong resistance near 310-15 levels and rejected many times earlier. So if now closing above 315 may start new momentum rally in the counter which may continue for next 20-22% upwards. On lower side 270 seems very good support But closing above 315 is very crucial. I would avoid before that but surely keep a closer watch on it.
Types of Engulfing Candles!In trading, an Engulfing candle (or Engulfing pattern) is a two-candle reversal pattern that can indicate a potential change in market direction. It is commonly used in technical analysis in both bullish and bearish contexts.
Types of Engulfing Candles
1. Bullish Engulfing Pattern:
Occurs during a downtrend.
The first candle is bearish (red or black), showing continued selling pressure.
The second candle is bullish (green or white) and completely engulfs the body of the first candle (its open is lower and close is higher).
This pattern signals a potential reversal to the upside.
2. Bearish Engulfing Pattern:
Occurs during an uptrend.
The first candle is bullish.
The second candle is bearish and completely engulfs the first candle's body (its open is higher and close is lower).
This pattern signals a potential reversal to the downside.
Key Characteristics
The second candle’s body must fully engulf the first candle’s body (wicks/tails are not necessary to engulf).
The stronger the engulfing candle (in terms of size and volume), the more significant the signal may be.
Often more reliable when confirmed with volume or used in conjunction with other technical indicators (e.g., RSI, support/resistance levels).
Example:
Bullish Engulfing Example:
Day 1: Bearish candle opens at $100 and closes at $95.
Day 2: Bullish candle opens at $94 and closes at $101 — it completely engulfs Day 1's body.
This would suggest a potential shift from sellers to buyers.
INDIANB - 1 year RECTANGLE══════════════════════════════
Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
🤝Let’s learn and grow together 🤝
══════════════════════════════
Hello Traders ✌
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment;
- since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant;
- the information that I think is important is very simple and can easily be understood just by looking at charts;
For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart.
Thank you all for your support
🔎🔎🔎 ALWAYS REMEMBER
"A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist"
═════════════════════════════
⚠ DISCLAIMER ⚠
Breakout Area, Target, Levels, each line drawn on this chart and any other content represent just The Art Of Charting’s personal opinion and it is posted purely for educational purposes. Therefore it must not be taken as a direct or indirect investing recommendations or advices. Entry Point, Initial Stop Loss and Targets depend on your personal and unique Trading Plan Tactics and Money Management rules, Any action taken upon these information is at your own risk.
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PLTR 1D — When the tea is brewed and the handle’s in placePalantir’s daily chart is shaping up a textbook cup with handle pattern — one of the most reliable continuation setups in technical analysis. The cup base was formed over several months and transitioned into a consolidation phase, building a rectangle structure where smart money likely accumulated positions before a breakout.
Now here’s the key: price has not only broken out — it’s settled above all major moving averages, including EMA 20/50/100/200 and MA 50/200. The breakout candle was supported by surging volume, signaling strong participation from institutional buyers. When all the averages start bending upwards, it's usually not by accident.
The breakout above the $121 resistance zone unlocked a pathway toward a target at $187 , derived by projecting the height of the cup upward from the breakout level. This kind of structure, once confirmed, often fuels aggressive continuation — and this one’s got the setup locked in.
From a fundamental perspective, Palantir is holding solid ground: strong earnings reports, expanding government and commercial contracts, and aggressive development in AI services. Institutional interest is rising steadily, and that momentum is visibly reflected in price action.
To sum it up: price has launched cleanly out of the consolidation zone, pierced all critical MAs and EMAs, and continues to gain momentum. While the market sips its tea, this cup is boiling hot. Just don’t forget your stop loss — this is a trading desk, not a tea party.
If you enjoy posts like this, drop a like, share it around, and let’s hear your thoughts below. It keeps ideas moving and the content flowing — free, sharp, and relevant.
Solana (SOL) Rectangle (4H)BINANCE:SOLUSDT appears to be forming a rectangle, clearly visible on the 4H chart.
Key Levels to Watch
• $160: Support
• $185: Resistance
Measured Targets
Activated, respectively, with a 4H close with good volume below support or above resistance.
• $135: Rectangle Short Target
• $210: Rectangle Long Target
TMGH's Current Peak ZoneTMG Holding trend has reached its peak zone at the resistance line 55.661. Historically, it is expected to rebound to the support line at 55.2, then the support line at 54.987 and 54.916. In conclusion, it increased by 0.09% due to TMGH signing a memorandum of understanding to develop a new large-scale mixed-use project on a 14 million sqm plot, as part of its regional expansion strategy focused on replicating its integrated city model in Middle Eastern markets, as per a disclosure, regarding negotiations with local Iraqi authorities, is expected to include approximately 46,000 mixed-use units. It will focus on high-quality housing, smart infrastructure, and sustainability.
EGX30 Increases by 0.62%EGX30 stock has jumped to an upper region, and it's apparent that this has been a gradual upward trend due to a mutual connection between positive fundamental news and the technical candlestick analysis. It has already breached the resistance line of 32,621.248 and reached the maximum at 32,695.736 points. On a personal level, I expect it to rebound not because of any negative news but because of taking into consideration the short-term history patterns. In case of rebounding, it may reach the support line 32,536.119, the support line 32,408.426, then the support line 32,376.503. In conclusion, EGX30 is increasing in the pink region by 0.62%.
Bitcoin Wave Analysis – 29 May 2025
- Bitcoin broke daily up channel
- Likely to fall to support level 105000.00
Bitcoin cryptocurrency recently broke the support trendline of the sharp daily up channel from the start of April intersecting with the 50% Fibonacci correction of the upward impulse from the middle of May.
The breakout of this up channel stopped the previous impulse wave 5 of the extended upward impulse wave (3) from April.
Bitcoin cryptocurrency can be expected to fall to the next support level 105,000.00, the breakout of which can lead to further losses toward 102150,00 (low of the previous minor correction 4).
Lam Research May Be Done ConsolidatingLam Research rallied sharply in late April and early May. Now, after a period of consolidation, some traders may expect a breakout.
The first pattern on today’s chart is the bullish price gap on May 12 after Treasury Secretary Scott Bessent lowered tariffs on China. LRCX spent the next two weeks in a range between $79.78 and $86.04, while holding above its March high. Did new support form above old resistance?
The maker of chip equipment established itself above the 200-day simple moving average (SMA) in the process. The 200-day SMA is also turning positive. Those signals may be consistent with longer-term bullishness.
Next, the 8-day exponential moving average (EMA) is above the 21-day EMA and MACD is rising. Those signals may be consistent with shorter-term bullishness.
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EURJPY: Move Up Ahead! 🇪🇺🇯🇵
EURJPY is going to rise more after breaking
a resistance line of a tiny horizontal consolidation range
that was formed on a retest of a recently broken daily structure.
Goal - 164.8
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Silver Wave Analysis – 28 May 2025
- Silver reversed from resistance level 33.70
- Likely to fall to support level 31.70
Silver recently reversed from the resistance level 33.70 (which is the upper border of the sideways price range inside which the price has been trading from April).
The resistance area near the resistance level 33.70 was strengthened by the upper daily Bollinger Band.
Silver can be expected to fall to the next support level 31.70 (lower border of the active sideways price, which reversed the previous waves a and 2).
Cardano (ADA) Rectangle + Internal Uptrend (1D)BINANCE:ADAUSDT has spent months ranging between ~$0.51 and ~$1.15, and the structure now clearly qualifies as a rectangle pattern.
After a 3rd touch on support in April, Cardano is showing strength with steady higher lows and a reclaim of a key High Volume Node (HVN).
Key Levels to Watch
• Main Demand: ~$0.51-$0.58
• Rectangle Support: ~$0.51
• Rectangle Resistance: ~$1.15
• Internal Uptrend Support: Rising diagonal from April
• HVN Zone: ~$0.75 — key volume cluster
• Rectangle Midline: ~$0.83 — also a previous S/R
• Main Supply: $1.10–$1.32
Measured Target
If price breaks above $1.15 with volume, the rectangle measured move points to ~$1.80.
Context
ADA has respected this range for nearly half a year. A breakout could mark the start of a macro bullish leg.
Triggers
• Bullish: Clean daily close above $1.15 with volume → $1.80 target activated. For a safer entry, it could be worth waiting a full breakout from the main supply above $1.32.
• Bearish: Breakdown of the ascending trendline and HVN → Potential return to ~$0.51. Failure to hold that level could lead to further downside to the previous ~$0.30 demand zone.
USDCAD: Bearish Outlook For This Week Explained 🇺🇸🇨🇦
USDCAD will likely continue a bearish trend that the market
established in February.
A bearish breakout of a support line of a horizontal parallel
channel on a daily provides a strong confirmation.
Next goal - 1.3655
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.