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Bitcoin breaks 95-day range – bulls need to brace for painBitcoin has finally broken out of its long-standing range, but it’s not the move bulls were hoping for. With a potential drop to FWB:73K , we break down key levels, shorting opportunities, and what bulls need to watch for a reversal. This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information
THINKMARKETS:BTCUSDShort
by ThinkMarkets
Bitcoin Crash Incoming? Price Target Set at $71,200!The newly developed accumulation detection indicator currently shows a significant accumulation at the peak of Bitcoin, with a width of 20.9%. Typically, when such accumulations break out, the price tends to move in the breakout direction by an amount equal to the accumulation width, i.e., 20.9%. A breakout is confirmed when the closing price of a bar falls outside one of the accumulation boundaries. I believe that the closing price is more likely to occur beyond the lower boundary of the accumulation, which would indicate a prolonged downward movement of 20.9% from the lower boundary. This corresponds to a target of approximately $71,200. This indicator is optimized for use on the daily Bitcoin chart, and historical data suggests that breakout targets are met with high accuracy—unless a subsequent range forms immediately after the previous one. Wishing you success in your trading!
Short
by Smollet
Nasdaq-100 Wave Analysis – 24 February 2025 - Nasdaq-100 falling inside sideways price range - Likely to reach support level 20820.00 Nasdaq-100 index recently reversed from the resistance level 22190.00 (the upper border of the sideways price range inside which the index moved from December) intersecting with the upper daily Bollinger Band. The downward reversal from the resistance level 22190.00 started the active short-term correction ii. The Nasdaq-100 index can be expected to fall further to the next support level 20820.00 (which has been reversing the price from December).
NASDAQ:NDXShort
by FxProGlobal
GOLD (XAUUSD): One More Consolidation Since Wednesday, Gold started to consolidate within a horizontal channel on a 4H. To buy Gold with a confirmation next week, wait for a breakout of the resistance of the channel. It will initiate a movement higher at least to 2975. Alternatively, a bearish breakout of a support of the channel can trigger a local correctional movement at least to 2906. Wait for a breakout, it will provide a reliable confirmation. ❤️Please, support my work with like, thank you!❤️
FOREXCOM:XAUUSDLong
by VasilyTrader
3
6501 - 4 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" ═════════════════════════════ ⚠ 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. ═════════════════════════════
TSE:6501Long
by TheArtOfCharting
ALKS - 40 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" ═════════════════════════════ ⚠ 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. ═════════════════════════════
NASDAQ:ALKSLong
by TheArtOfCharting
GOLD (XAUUSD): Your Trading Plan For Next Week Explained Gold did not manage to update the All-Time High on Friday, retracing from a key daily resistance. The market is now trading within a horizontal range on a daily. Depending on the reaction of the price to its boundaries, I see 2 potential scenarios: Bullish Scenario If the price breaks and closes above 2943, a bullish continuation will be expected to the new highs. Bearish Scenario If the price breaks a demand zone based on a rising trend line and a support of the range and closes below that, a correctional movement will follow. Alternatively, with the absence of fundamentals, the market may stay within the range for a while, so be patient. ❤️Please, support my work with like, thank you!❤️
FOREXCOM:XAUUSDLong
by VasilyTrader
1
USD/CHF: Avoiding a false dichotomyThe US dollar is in a correction of its uptrend (see EUR/USD, GBP/USD, AUD/USD etc) Do we really face a linear option of fade or no trade? Actually, it might be a false dichotomy . Going long EUR/USD and GBP/USD (i.e. selling USD) would mean fading the major trend (as per the weekly charts). But going short USD/CHF (i.e. also selling USD) would not be a counter trend trade because USD/CHF is in a trading range. Selling below resistance in a trading range is a high probability setup. We can see the topping process on the daily chart, with 0.90 as the broken neckline. Here the risk is well defined - if the price pops back over 0.90 - the breakdown trade is no longer on but while below 0.90, 0.88 is a natural target as the last major support area and the 30 week moving average. But - as always - that’s just how the team and I are seeing things, what do you think? Share your ideas with us - OR - send us a request! Drop a comment cheers! Jasper
Short
by jasperlawler
BITCOIN (BTCUSD): Deep Consolidation Many of the members asked me to provide the updated analysis for Bitcoin. The main problem with BTC is that the market is currently in a deep consolidation. Since the beginning of the month, the market is barely moving, forming candles with tiny bodies and long tails. The price is currently stuck within a narrow range on a daily. For now, the best signal that you should wait for is the breakout of one of the boundaries of the range, and a candle close below/above that. The side of the breakout will accurately indicate the future direction of the market and a real sentiment. Be patient and wait for the signal. ❤️Please, support my work with like, thank you!❤️
COINBASE:BTCUSDLong
by VasilyTrader
4
USDCAD (4H) - Bearish Break of Consolidation ZoneOANDA:USDCAD 📶Technical Analysis: Weekly Chart: 🟠 Price is in a long-term bullish trend, confirmed by a trendline formed since 2021 and 3 MAs aligned bullish. 🟡 Price tested major resistance at 1.4600-1.4700, which was previously tested in 2016 and 2020. 🟢 Strong pullback after testing resistance, indicating a potential bearish reversal pattern. Daily Chart: 🟢 Strong bearish candle on the daily chart confirms that the weekly resistance holds. 🟡 Price volatility influenced by Trump's tariff decision. 🟢 The bearish momentum on the daily chart confirms the trend reversal from bullish to bearish. 🔴 The next strong support is around 1.3900, where the price has failed to break five times. 4H Chart: 🟡 Price has been consolidating since Dec 2024 between 1.4450 (resistance) and 1.4300 (support). 🟡 Price initially broke above the range due to tariff news but quickly returned to the consolidation zone. 🟢 Strong bearish candle broke through the lower support at 1.43, signaling potential bearish continuation. 🟢 The break of support suggests a bearish outlook, with the next targets near 1.3900. 🟢 The Moving Averages (MAs) are crossing, indicating a potential shift to a bearish trend. 🔤 Summary: 🟡 Waiting for a retest of the broken 1.43 support level to confirm the bearish trend continuation. 🟡 Expecting a correction in the bearish trend with the formation of additional signal candles that confirm the bearish momentum after the retracement. 🟡 Watch for the formation of bearish candles after the correction, either near the broken support level or EMA levels for confirmation before entering the bearish trade.
Short
by boykopetevboev
JUPUSDT Swing Long IdeaJupiter is the second largest DEX on Solana and its price has been ranging for almost 1 year. If all of crypto is getting ready to bounce JUP looks primed to breakout of the range, RSI is crossing above the RSI MA and midpoint, MFI is crossing above the midpoint, JUP has outperformed TOTAL according to MA Based relative performance, We recently saw the largest ever volume and volume MA. All of this makes me think JUP wants to breakout from this range soon, hopefully TOTAL and BTC will allow that to happen.
Long
by AltcoinDreaming
Nikkei 225 index Wave Analysis – 12 February 2025 - Nikkei 225 index reversed support level 38000.00 - Likely to rise to resistance level 40285.00 Nikkei 225 index recently reversed up from the support level 38000.00, which is the lower border of the narrow sideways price range inside which the index has been moving from last October. This support area was strengthened by the lower daily Bollinger Band The upward reversal from this support area created the daily Japanese candlesticks reversal pattern Piercing Line. Given the clear daily uptrend, Nikkei 225 index can be expected to rise to the next resistance level 40285.00 (the upper border of this price range).
MARKETSCOM:JPN225Long
by FxProGlobal