Techincalanalysis
#ADAUSDT Approaching Key Resistance – Breakout or RejectionBYBIT:ADAUSDT.P is showing strong bullish momentum, breaking above the $0.8150 resistance zone. Volume is increasing, confirming buyer interest, and the price remains above POC $0.7848, supporting the uptrend. However, the next move will depend on the reaction at $0.8190.
📊 LONG BYBIT:ADAUSDT.P from $0.8190
🛡 Stop Loss: $0.8085
⏱ 1H Timeframe
✅ Overview:
➡️ BYBIT:ADAUSDT.P is testing the upper boundary of its recent range, attempting to hold above $0.8150.
➡️ Buyers are active, but confirmation of the breakout is still needed.
➡️ Holding above $0.8190 would increase the likelihood of reaching $0.8410.
⚡ Plan:
✅ Long confirmation requires a breakout above $0.8190 with strong volume.
✅ If volume decreases, a pullback to $0.8085 is possible before further upside.
✅ Another option is a retest of $0.8150 before a new breakout attempt.
🎯 Take Profit:
TP1: $0.8410 – next resistance level.
🚀 BYBIT:ADAUSDT.P is gaining strength — expecting a test of $0.8410!
⚡ Best approach – watch price reaction at $0.8190. If price holds above this level, the long trade remains valid. If weakness appears, a pullback to $0.8085 is likely.
⚡ Key rule – wait for confirmed breakout before entering, don’t anticipate it!
#AIXBTUSDT: Get Ready for a Breakout! Short Still the Priority?BYBIT:AIXBTUSDT.P is showing significant weakness after a prolonged downtrend, and now the market is at a critical level. Buyers failed to initiate even a minor rebound, indicating strong selling pressure.
🔎 Key Factors Right Now:
✔ Current Price: $0.23480
✔ Daily Change: -10.76%
✔ Key Levels:
🔹 Resistance: $0.38080, $0.31670
🔹 Support: $0.22063
━━━━━━━━━━━━━━━━━━━━━━
💡 Main Signals Influencing the Market:
📌 No rebound after the drop – the lack of buying pressure increases the chances of further decline.
📌 Empty space ahead – below $0.2206, there are no strong support zones, meaning a sharp drop could follow.
📌 Closing near a critical level – price remains at risk, increasing the likelihood of a breakdown.
📌 Breakout from consolidation – the asset has left its range, signaling the potential formation of a new trend.
━━━━━━━━━━━━━━━━━━━━━━
📉 Main Scenario: Continued Decline
🔻 If BYBIT:AIXBTUSDT.P breaks below $0.2206, the market may accelerate downward:
✅ Target 1: $0.2100 – the nearest technical support.
✅ Target 2: $0.1955 – a zone where a short-term bounce could occur.
✅ Target 3: $0.1780 – a major support level where stronger buyer resistance is expected.
📢 Short remains the priority as long as price stays below $0.2300.
A breakdown of $0.2206 could trigger liquidations and accelerate the drop.
Be cautious with long positions – there are no strong reversal signals yet.
━━━━━━━━━━━━━━━━━━━━━━
🟢 Alternative Scenario: Bullish Reversal
If BYBIT:AIXBTUSDT.P holds above $0.2300 and starts to recover, potential targets include:
✅ Target 1: $0.2700 – a local resistance zone.
✅ Target 2: $0.3167 – a level where a pullback is likely.
✅ Target 3: $0.3800 – a key resistance, breaking which could change the overall trend.
📢 A long entry is only valid if price holds above $0.2400.
Reversal confirmation requires an increase in volume and stability above $0.2500.
📢 As long as the price is below $0.2300 – long positions remain risky.
Conclusion : Critical Moment! Be Ready for a Sharp Move!
📌 BYBIT:AIXBTUSDT.P is at a make-or-break level – any move could lead to an explosive price shift.
📌 Sellers remain in control, but if $0.2300 holds, an unexpected rebound could happen.
📌 Short remains the main scenario, unless price successfully stabilizes above $0.2400.
🚀 Get ready for a major move! Watch $0.2206 closely – this level will determine BYBIT:AIXBTUSDT.P is next direction! 🔥
#TRBUSDT remains bullish📈 LONG BYBIT:TRBUSDT.P from $38.35
🛡 Stop Loss: $38.00
⏱ 1H Timeframe
✅ Overview:
➡️ BYBIT:TRBUSDT.P is in a strong uptrend, breaking the key $38.35 resistance level.
➡️ POC (Point of Control) at $34.47 indicates the highest liquidity zone far below the current price, confirming strong buyer support.
➡️ The price has broken through the $38.30 area and is consolidating above, opening potential upside toward $39.30.
➡️ If the price holds above $38.35, bulls may continue pushing towards target levels.
⚡ Plan:
➡️ Enter long after confirmation above $38.35, signaling a bullish continuation.
➡️ Risk management via Stop-Loss at $38.00, placed below the support zone.
➡️ Primary upside targets:
🎯 TP Targets:
💎 TP1: $38.90
🔥 TP2: $39.30
🚀 BYBIT:TRBUSDT.P remains bullish—expecting further upside!
📢 BYBIT:TRBUSDT.P shows strong buying momentum, breaking key resistance levels.
📢 If $38.35 holds as support, the probability of reaching $39.30 increases.
📢 However, if the price drops below $38.00, a pullback to lower levels may occur.
GOLD Key Levels: Where To Take Profit?
Hello,Traders!
GOLD is trading in a strong
Uptrend and as we are will
Be expecting the price to hit
The strong supply supply
Area around 3000$
From where some traders
Might wanna take some profits.
A correction by 7% from the
Resistance above is likely
With the retest of the
Horizontal demand area
Around 2790$
After the correction the
Uptrend will likely continue
Buy!
Comment and subscribe to help us grow!
Check out other forecasts below too!
#NIFTY Intraday Support and Resistance Levels - 11/02/2025Today will be gap up opening expected in nifty near 23400 level. After opening if nifty sustain above 23350 level then possible upside rally upto 23500 level. 23500 will act as an immediate resistance for today's session. Expected downside from this level. Major downside expected in nifty below 23300 level.
Tue 11th Feb 2025 GBP/USD Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a GBP/USD Sell. Enjoy the day all. Cheers. Jim
Todays Best Performer - DellNYSE:DELL
Scanning through the market today I found some good looking price action in the tech sector. Dell Computers along SMCI ,TSLA, and PLTR where also some big movers today. I look for what price action is the most clean for entry and exit points. Yes, other stocks may have returned more than Dell Computers today. However according to this chart, some great opportunities presented themselves.
NVDA, AMD, and others began to stall out coming into lunch. Out of my surprise DELL had some decent areas of high volume leading into the lunch hour. On the initial pullback after 10AM price setup beautifully at the 0.382 Fibonacci level. At Approximately 11:30 Dell gave you a confirmed breakout move back above the KMA and RSI.
Price Quickly closed above the 0.618 measurement of the most recent pull back indicating strong momentum to upside.
Price Topped out at the 3.00 Fib level from the initial morning pullback, closing the day just near by. A beautiful opportunity to add to a winning position also occurred after a secondary pullback, holding the moving average. Its all in the Fibs. Let the market show you what it wants to do!
Key Points
Use the Fibonacci levels on the Retrace
Scan Heat-maps for Volatility changes
Price will show you good opportunities to trade
Only trade whats best and fits your strategy
Paper trade your ideas, practice finding setups, than perfect them!
#ATOMUSDT further bullish movement📈 LONG BYBIT:ATOMUSDT.P from $4.842
🛡 Stop Loss: $4.800
⏱ 1H Timeframe
✅ Overview:
➡️ BYBIT:ATOMUSDT.P is bouncing off key support at $4.800, confirming buying interest.
➡️ The price has broken through $4.842, which could trigger further bullish momentum.
➡️ POC is positioned lower, suggesting strong volume accumulation below, reinforcing the bullish trend.
➡️ Primary upside target: $4.905, followed by $4.960 if momentum continues.
⚡ Plan:
➡️ Enter LONG from $4.842 if price holds above this level.
➡️ Manage risk with Stop-Loss at $4.800 to protect against sudden reversals.
➡️ Main upside targets:
🎯 TP Targets:
💎 TP1: $4.905 — first resistance, potential profit-taking level.
🔥 TP2: $4.960 — next strong level for possible exit.
📢 If the price holds above $4.842, further upside toward $4.905 and $4.960 is likely.
📢 However, if it drops below $4.800, the bullish setup may be invalidated.
🚀 BYBIT:ATOMUSDT.P Expecting further bullish movement!
Bitcoin is hunting for liquidity, What's next?📊 After attempting to break $100K, Bitcoin faced another rejection.
What’s happening now?
The SMA shows that Bitcoin is still in a short-term downtrend, struggling to gain momentum.
Right now, it’s hovering around $96,400 – $96,500, trying to stabilize.
The key support to watch is $94,400 – $94,600—if it holds, we could see a bounce. If not, things might get shaky.
On the upside, Bitcoin needs to break $100K first before making a real move toward $103K and beyond.
For now, all eyes are on the $94K support.
Will BINANCE:BTCUSDT hold or dip lower? What do you think?
FIL breaks out of triangle!📊 FIL recently broke out of a triangle pattern, gaining momentum as it moves toward the key $3.55 resistance.
Key Levels to Watch:
Resistance: $3.55 → Price is testing this level, and its reaction here will be crucial.
Support: $3.14 → If the price faces rejection, this zone could act as strong support.
SMA 9: $3.38 → Currently supporting the uptrend, showing short-term bullish momentum.
For now, all eyes are on $3.55.
If you have any thoughts, let me know.
Is Tata Motors Ready for a Bullish Reversal?Timeframe: Daily
Tata Motors (NSE) has been in an expanded flat correction pattern for the past 11 months. In this pattern, the highest high (HH) was 1179, and the lowest low (LL) was 683.2. Currently, the price is trading below the 200, 100, and 50 EMA levels, indicating a bearish trend.
In this expanded flat correction:
Wave (A) completed at 855.4,
Wave (B) peaked at 1179,
Sub-wave 4 of Wave (C) touched 786.65,
Sub-wave 5 is now unfolding.
Once Wave 5 is completed, traders can look for buying opportunities with target levels at 799 – 951 – 1050+. First, it’s crucial to identify the end of Wave (C) to confirm the correction’s completion and a bullish reversal.
Projecting ending point of wave (C):
Wave (C) may end at 2.618% of Wave (A) around 628.7.
Wave 5 has multiple potential targets/support levels:
0.618 extension of Wave 1 at 526,
0.382 extension of Wave 1 at 628,
1.618 reverse Fibonacci of Wave 4 at 657,
2.618 reverse Fibonacci of Wave 4 at 562.
We will update further information soon.
FTM ready to Go-Break out of the downtrend has been completed One of the best strategies, breakout of the down trend and retest it.
Strengths Points: one week candle has broken the blue down trend and it may continue to enter the white wide range, also reverse head and shoulders pattern formed
Target points and Stop Loss are marked on the chart.
I am Just sharing insights and market trends for learning and growing every day and it is not financial advice.
SBUX - 6 months SYMMETRICAL TRIANGLE══════════════════════════════
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.
═════════════════════════════
#SPELLUSDT continuation of the downtrend📉 SHORT BYBIT:SPELLUSDT.P from $0.0009866
🛡 Stop Loss: $0.0010430
⏱ 1H Timeframe
✅ Overview:
➡️ BYBIT:SPELLUSDT.P remains in a downtrend, forming lower highs and lower lows. The price failed to hold above $0.0010000, signaling weak buying momentum.
➡️ POC at $0.0010250 suggests that major volume accumulation is above the current price, reinforcing the bearish outlook.
➡️ If the price stays below $0.0009866, a continuation towards $0.0009485 and $0.0008901 is expected.
➡️ Volume remains moderate, indicating declining demand and a likely continuation of the downtrend.
⚡ Plan:
📉 Bearish Scenario:
➡️ Enter SHORT from $0.0009866 if price confirms rejection at resistance.
➡️ Risk management with Stop-Loss at $0.0010430, above key resistance.
🎯 TP Targets:
💎 TP1: $0.0009485 — first profit-taking level.
🔥 TP2: $0.0008901 — major support zone.
🚀 BYBIT:SPELLUSDT.P Expecting a continuation of the downtrend!
📢 BYBIT:SPELLUSDT.P remains under selling pressure. If the price holds below $0.0009866, further downside movement towards $0.0009485 and then $0.0008901 is expected.
📢 However, if the price reclaims $0.0010430, the bearish scenario could be invalidated, leading to a potential upward correction.
#AIXBTUSDT continuation of the downtrend📉 SHORT BYBIT:AIXBTUSDT.P from $0.2255
🛡 Stop Loss: $0.2366
⏱ 1H Timeframe
✅ Overview:
➡️ BYBIT:AIXBTUSDT.P continues its downtrend, forming lower highs and lower lows.
➡️ The price has broken the $0.2290 liquidity zone and is holding below it, signaling weak buying pressure.
➡️ If sellers maintain control at $0.2255, a drop towards $0.2040 is likely.
➡️ POC at $0.2566 suggests the main volume accumulation is above the current price, reinforcing the bearish outlook.
➡️ High volume on recent candles indicates selling pressure, which could accelerate the downtrend.
⚡ Plan:
📉 Bearish Scenario:
➡️ Enter SHORT from $0.2255 if price confirms a breakdown.
➡️ Risk management with Stop-Loss at $0.2366, above key resistance.
🎯 TP Target:
💎 TP1: $0.2040 — strong support and profit-taking zone.
📢 BYBIT:AIXBTUSDT.P is in a bearish phase. If the price holds below $0.2255, further downside movement towards $0.2040 is expected.
📢 However, if the price reclaims $0.2366, the bearish scenario could be invalidated, leading to a potential bullish correction.
🚀 BYBIT:AIXBTUSDT.P Expecting a continuation of the downtrend!
Downtrend #BUZZUSDT📉 SHORT BYBIT:BUZZUSDT.P from $0.02640
🛡 Stop Loss: $0.03010
⏱ 1H Timeframe
✅ Overview:
➡️ BYBIT:BUZZUSDT.P is in a strong downtrend, consistently forming new lower lows. The price continues to decline after rejecting $0.03584 (POC), confirming seller dominance.
➡️ The price is currently testing the $0.02700 support level, but given the overall trend, a further breakdown is likely.
➡️ If the $0.02640 level is broken and the price holds below it, a continuation toward $0.01999 is expected.
➡️ Volume is decreasing, indicating weak buyer support and a high probability of further downside.
⚡ Plan:
📉 Bearish Scenario:
➡️ Enter SHORT from $0.02640 if price confirms a breakdown.
➡️ Risk management with Stop-Loss at $0.03010, above the nearest resistance zone.
🎯 TP Target:
💎 TP1: $0.01999 — strong support and profit-taking zone.
🚀 BYBIT:BUZZUSDT.P Expecting a continuation of the downtrend!
📢 BYBIT:BUZZUSDT.P remains under selling pressure, and if the price breaks below $0.02640, further downside movement is likely.
📢 However, if the price reclaims $0.03010, the bearish scenario could be invalidated, leading to a potential bullish correction.
#BERAUSDT Expecting a reversal and price drop📉 SHORT BYBIT:BERAUSDT.P from $5.635
🛡 Stop Loss: $6.380
⏱ 1H Timeframe
✅ Overview:
➡️ BYBIT:BERAUSDT.P is facing strong resistance around $5.635, signaling a potential price reversal.
➡️ The $5.635 - $6.000 area has acted as a liquidity zone before, and if buyers start taking profits, a correction downward is likely.
➡️ The primary target for the decline is $4.145, a level where previous buy activity was observed.
➡️ Volume is starting to decline, indicating a potential shift from buyers to sellers.
⚡ Plan:
📉 Bearish Scenario:
➡️ Enter SHORT from $5.635 if the price fails to hold above resistance.
➡️ Risk management with Stop-Loss at $6.380, above key resistance.
🎯 TP Target:
💎 TP1: $4.145 — strong support and profit-taking zone.
🚀 BYBIT:BERAUSDT.P Expecting a reversal and price drop!
📢 After a strong upward move, BYBIT:BERAUSDT.P is approaching a potential reversal zone. If the price fails to hold above $5.635, a decline towards $4.145 is likely.
📢 However, if buyers manage to push the price above $6.000, the short scenario may be invalidated, leading to further bullish momentum.
CADCHF Breaks Resistance After Falling Wedge BreakoutCADCHF is currently trading at 0.6360, with a target price of 0.7500, indicating a bullish outlook. The pair has completed a falling wedge breakout, a strong reversal pattern signaling a potential upward trend. This breakout suggests that selling pressure has weakened, allowing buyers to take control. Additionally, CADCHF is breaking a key resistance level, further confirming bullish momentum. A successful breakout above this resistance could lead to a price surge, targeting over 500 pips in gains. Traders should watch for volume confirmation to ensure the breakout is valid. A strong push above resistance with high volume increases the likelihood of sustained movement. Pullbacks or minor corrections may occur, but the overall trend remains bullish. Risk management strategies, including stop-loss placement, are essential to protect against unexpected reversals. Monitoring economic events affecting CAD and CHF will also help in assessing future price movements.
#BNXUSDT - Expecting price decline📉 SHORT BYBIT:BNXUSDT.P from $0.4377
🛡 Stop Loss: $0.4502
⏱ 1H Timeframe
✅ Overview:
➡️ BYBIT:BNXUSDT.P experienced a sharp pump, but after reaching $0.4735, signs of buyer exhaustion appeared.
➡️ The $0.4377 level now acts as a key resistance area. If the price fails to hold above it, a downward move is expected.
➡️ POC at $0.3045 confirms a high-liquidity zone, which could serve as a deeper retracement target.
➡️ High volume on recent candles suggests profit-taking by buyers, increasing the probability of a decline.
⚡ Plan:
➡️ Enter SHORT from $0.4377 if the price confirms rejection at resistance.
➡️ Risk management through Stop-Loss at $0.4502, above key selling pressure.
🎯 TP Targets:
💎 TP1: $0.3941 — first profit-taking level.
🔥 TP2: $0.3600 — next major support zone.
🚀 BYBIT:BNXUSDT.P Expecting a reversal and price decline!
📢 After a sharp price surge, BYBIT:BNXUSDT.P is showing weakness around $0.4377. It’s crucial to monitor this level for potential rejection.
📢 If the price breaks below $0.3941, further downside movement is likely, targeting $0.3600. However, if the price climbs above $0.4502, the short scenario could be invalidated.
NAS100USD and BTCUSD correlationJust been recapping on the SPXUSD and NAS100USD charts, both look like they could head lower in the short term at least. Not sure crypto has proven it can trade independently from that just yet, at least based on the short term. Plus if things get disorderly then everything could get wacked. I'll be monitoring my positions over the weekend (BTCUSD, HBAR, XRPUSD), but I may reduce them again irrespective of how crypto moves in anticipation of potential downside in the wider markets. Looking at the recent declines on NAS100USD compared to BTCUSD, BTCUSD tends to overperform to the downside in % terms, you can see the percentages on the charts of the past declines. The recent decline which has just started sees there NAS100USD declining by -1.76% and BTCUSD by -4%, no guarantee that pace will continue, but assuming NAS100USD declines to the first target area and BTCUSD matches the drop in % terms BTCUSD could be looking at $94,500 and if it overperforms then it could reach $90,000 which is a potential measured move target based on how the NAS100USD could decline.
XRPUSD thread here which gives some background to recent positioning.
#POPCATUSDT Expecting further bullish continuation📈 LONG BYBIT:POPCATUSDT.P from $0.2850
🛡 Stop Loss: $0.2760
⏱ 1H Timeframe
✅ Overview:
➡️ BYBIT:POPCATUSDT.P is showing strong bullish movement, breaking above key resistance at $0.2778, confirming buying interest.
➡️ The $0.2778 - $0.2850 zone now acts as a support, and if the price holds above it, further upside is likely.
➡️ The first major resistance level is at $0.2900, followed by $0.2989 and $0.3100 if the momentum continues.
➡️ Volume remains high, indicating strong liquidity and potential for further growth.
⚡ Plan:
➡️ Enter LONG after confirming a breakout above $0.2850, reinforcing bullish momentum.
➡️ Risk management with Stop-Loss at $0.2760, below key support.
➡️ Key upside targets:
🎯 TP Targets:
💎 TP1: $0.2900 — first take-profit level.
🔥 TP2: $0.2989 — potential resistance.
⚡ TP3: $0.3100 — major upside target.
🚀 BYBIT:POPCATUSDT.P - Expecting further bullish continuation!
━━━━━━━━━━━━━━━━━━━━━━
📢 BYBIT:POPCATUSDT.P is maintaining bullish momentum, and a breakout above $0.2850 could confirm further upside movement.
📢 Watch for price action at $0.2900, as this level might act as short-term resistance.
📢 If the price holds above $0.2989, a strong push towards $0.3100 is possible. However, a drop below $0.2760 would invalidate the bullish setup.
728 - 7 months SYMMETRICAL TRIANGLE══════════════════════════════
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.
═════════════════════════════