Support
Bullish Gartley + Bullish Pennant Break Combo - XLMHere I have COINBASE:XLMUSD on the Weekly Chart!
After the 2.5 Year long Bullish Gartley Harmonic Pattern had finished forming this July 2024, we see Price has been working into a tight Consolidation Pattern called the Pennant!
This Harmonic Pattern has been quite the Rollercoaster for longtime COINBASE:XLMUSD investors but with the Bullish Rally brought on this week, we see Price Breaking Above the Falling Resistance of this Pennant Pattern to the .10 area!
-If Price can find Support upon retesting the Break of Falling Resistance and stay above, we could see COINBASE:XLMUSD bask in .10 range and Push Higher!!
-RSI is now pushing Above 50 after the period of Consolidation stuck just underneath, indicating Bullish Interest is building
**If Price is unable to sustain these Higher Prices, this current Bullish Break could become False and we could see Price play back down into the Pennant Pattern!
With the Trump/Vance Campaign, we heard a lot of plans and potential being put towards the Cryptocurrency Market and with the win of the Presidency, we could start to see more Interest in this financial area.
Further updates will be on Daily Chart!
BTC new ATH what's next?BTC reaches new ATH, but the level around $76,600 is a key place in the four-year cycles lasting for BTC, because from its low in each cycle, it grows less by 5.3 times than in the previous cycle. However, the situation may change with the introduction of ETFs to the market, which changed price movements. If we manage to break out of the $76,600 level, we can see a move towards $83,800, and then the important level is at $89,000. When the price starts to recover, the first important thing for us is the support zone from $73,700 to $70,000, when this zone is broken, the price can quickly return to the level of $66,000, and then the important support is at the price of $59,300. We have also identified a visible upward trend line on which we can currently base critical points in the event of a correction.
EUR/USD OUTLOOKIn this analyze we are analyzing weekly time frame for EUR/USD. In weekly time frame price create a big consolidation move, So I'm looking for buy opportunity when price come into our zone. Let's delve deeper into these levels and potential outcomes.
Always use stoploss for your trade.
Use proper money management and risk to reward ratio.
#EURUSD 1W Technical Analyze Expected Move.
SUPPORT AND RESISTANCEHere we are analyzing 2H time frame for finding the upcoming move in USDCHF price. Today I'm looking sell opportunity on the basis of support and resistance combine with price action. After confirmation we will execute our trade. Let's delve deeper into these levels and potential outcomes.
Always use stoploss for your trade.
Always use proper money management and proper risk to reward ratio.
#USDCHF 2H Technical Analyze Expected Move.
BTC, everybody knows about the bullflagHello everyone,
today I want to talk about the obvious fact, that BTC is in a big bull flag, since it formed the 74k high. But the way how it moved out of the lowest point of that flag isn't impulsive at all unfortunately. There is only a three wave move, followed by some more choppy price action, so to trade it safe, we need more confirmation.
I added some support levels (orange) and a trend line (green) to the chart. If you like to follow my thoughts I will talk about the development of the price action within that bull flag in the upcoming weeks.
IWM: Cup, Handle, and a Bullish GambleAMEX:IWM
Original Chart :
Been eyeing IWM lately, and honestly, this setup has the kind of potential that could get even the most cynical trader to sit up and pay attention. We’re looking at the *beginning* of a cup-and-handle-esque pattern so pristine it belongs in a TA textbook—classic accumulation followed by consolidation, like the bulls are quietly gearing up for something big. But here’s where it gets even more interesting: with the recent US election in the rearview and a lineup of Fibonacci extensions and moving averages all pointing in the same direction, this setup is practically begging for a breakout. Let’s dive into the details.
Fibonacci Extensions and Price Targets
Let’s talk targets. I’m looking at $315 and $365 based on Fibonacci extensions, and yes, that $365 target might sound ambitious, but hear me out. Fibs are like the star charts for traders—rooted in math, mystical enough for Twitter hype, and strangely accurate. $315 is the conservative target, sitting right around the 100% extension, where we might see price take a breather. But the real spotlight is on $365, the 200% extension level, which could be where we end up if this breakout goes full send. If Fibonacci levels have taught us anything, it’s that the universe loves a good price projection.
Moving Averages and the Golden Cross
Then there’s the 50-day and 200-day moving average crossover—the infamous “golden cross,” which might sound like something out of an Indiana Jones movie, but actually just signals bullish momentum. We’ve got price hanging above both moving averages, a classic recipe for sustained upward trends. Historically, this setup has a decent track record of making bulls look smart, and right now, it’s flashing green like a big, neon sign saying, “This way to higher prices.”
Volume Profile and Key Levels between $200-$240
The Volume Profile is where things get interesting. That $200-$240 range is showing a massive amount of trading activity, acting like a gravity well for price. If IWM revisits this range and bounces around $235, that’s our green light for lift-off. This is the make-or-break level—the battleground where bulls and bears duke it out. Here’s the nuance: if price *rejects* $235 and consolidates, that’s what would actually form the handle of this cup-and-handle setup, setting the stage for a later breakout. If $235 holds, we’re looking at a more direct path upwards. If not, well… it might be time to rethink the moonshot narrative.
Mapping Out the Bullish Scenarios
So, we’re left with two paths. Path one is the steady grind up to our targets, where IWM just slowly marches its way to $315 and then potentially $365, no drama, just smooth sailing. Path two is the extended consolidation phase in the $200-$240 range through most of 2025, creating that classic “handle” structure. Think of it as the market getting in some much-needed cardio before the sprint. By end-Q1 2025, we should know which scenario is unfolding based on whether we hold above that $235 line.
Curious to see if anyone else is seeing the same potential here. The combination of a cup-and-handle formation in the works, Fib extensions, and moving averages feels like a recipe for something substantial, but I’m always down to hear different perspectives. Are you all vibing with the $365 target, or is that too much hopium?
THETA Long Spot Trade (Support Pullback) Market Context: Following a sharp two-day reversal, THETA appears poised for a potential continuation if it holds the next support level. A slight pullback to around $1.10 may present a solid entry for a long position.
Trade Setup:
Entry: Around $1.10
Take Profit:
First target: $1.22
Second target: $1.35 - $1.45
Third target: $1.55 - $1.70
Stop Loss: Just below $1.00 (daily close)
This setup aims to capture upside momentum while mitigating downside risk. #THETA #Crypto #Support
XRP/USDT 1D ChartHello everyone, let's look at the current situation of XRP in pair with USDT taking into account the one-day time frame. In this situation, we can see the price rebounding from the downtrend line.
Let's start by setting goals for the near future, which include:
T1 = $0.56
T2 = $0.60
T3 = $0.63
T4 = $0.68
Now let's move on to the stop-loss in case the market continues to decline:
SL1 = $0.50
SL2 = $0.47
SL3 = $0.42
ETH Bouncing Off Key Support – Rally on the Horizon?Hey everyone!
If you’re finding value in this analysis, don’t forget to hit that 👍 and follow for more updates!
Welcome to this quick ETH update.
ETH is forming a descending triangle like structure in the daily time frame and currently holding the lower trend line of the triangle. It is holding the trend line and bouncing very well so far.
As long as, ETH is holding the trend line we can expect a good rally from here.
What’s your take on ETH’s current price action? Are you spotting this bullish setup too? Share your analysis in the comments, and let’s ride this wave together!
BTCUSD FORECASTWe are currently analyzing the 2-hour time frame to identify potential price changes in Bitcoin. The market scenario is bullish, and the trend is also bullish. Today, I am looking for a buying trade opportunity as soon as the price reaches our designated level. We will execute our trade after confirming with the candles.
Make sure to use a stop loss for your trade.
PriceAction / SupportAndResistanceHere we are analyzing 1H time frame for finding the upcoming moves on gold price. I'm using support and resistance combine with price action. Overall trend was bullish. Let's analyze more deeply and maximum gain outcomes. But in my opinion I'm looking sell today.
Must put stoploss for your trade.
Use proper Risk Reward Ratio.
Trendline Breakout StrategyHere we're analyzing 15M time frame for finding the upcoming moves on Gold price. So I'm using trendline breakout strategy. I will closely monitor the specified levels to leverage them for potential gains in the future.
Use calculated stoploss for your trade.
Use proper risk to reward ratio.
Will BNB stay above the local upward trend line?I invite you to take a quick look at the BNB to USDT pair chart, taking into account the 8-hour interval. As you can see, the valuation recorded a dynamic decline and quickly returned to the border of the local upward trend line, where it is struggling to maintain the level. You can see here that the 0.618 Fib level turned out to be a strong resistance that effectively stopped the growth.
The current resistance for growth will be the level of $592, then we can see resistance at the level of $604, and then the level of $611 and the level of $621 will be important. Looking the other way, first of all, you need to take into account the level of $576 as an important support, then the level of $566 is important, and then visible support is at the price of $538.
SUPER Long Spot Trade (Major Support Retest)Market Context: SUPER has retraced to a significant support level, presenting a favorable entry for a potential rebound. With the price holding above support, the risk-to-reward ratio looks promising if this level sustains.
Trade Setup:
Entry: Around $1.15
Take Profit:
First target: $14.00 – $15.00
Second target: $18.00 – $20.00
Stop Loss: Below $1.095 (daily close)
This setup is designed for a strong risk-to-reward, aiming for key profit zones if price rebounds. #SUPER #Crypto #Support
Short setup on SPX (x2)After the most recent upward move, the SPX shows clear signs of weakness, suggesting a potential short setup.
Since mid-July, the SPX has been moving upward and it's now near its all-time high. However, the RSI Exhaustion at the bottom of the chart has significantly declined and hasn't recovered much, establishing a downtrend.
This divergence between the price and the RSI Exhaustion is the first major signal of a possible short configuration.
Three additional signs support this setup:
The RSI Exhaustion shows recent bullish exhaustion (indicated in green), signaling that further price increases are unlikely.
The price has formed a top just shy of its all-time high, as identified by the Bottoms Tops Signal indicator.
A major level has formed, as indicated by the Levels and Zones indicator. While this level turned into support, it originated as resistance and could well revert back to it should be price start to drop further.
Is the bull run over? Only time will tell, but for now, it's crucial to remain patient and always seek confirmation from the indicators.
DOGE/USDT chart review 1D I invite you to take a quick look at the chart of DOGE in pair with USDT, taking into account the time frame of one day. As we can see, when the price left the downtrend lines, it gained energy for new increases.
But you can see here that the 0.618 Fib level turned out to be a strong resistance at the $0.176 level, only when it is overcome we can see the resistance at the $0.2 level, and then the $0.234 level will be important.
Looking the other way, first of all you need to take into account the level of $0.146 as support, then the level of $0.123 is important, and then visible support is at the price of $0.089.
When we look at the RSI indicator, we will see a reflection from the upper limit, but the large rebound resulted in a slight downward price movement on the chart, which translated into a strong upward movement.