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Technical Analysis of Bitcoin (BTC/USD) ON BINANCE + TRADE PLANTechnical Analysis of Bitcoin (BTC/USD) Market Trend and Chart Structure: The price of Bitcoin is in a consolidation phase as shown in the descending channel pattern formed by the resistance and support lines. The market is moving within this range, but there is a strong possibility of a breakout to the upside based on the bullish divergence forming on the indicators and the overall market sentiment. The chart also shows Bollinger Bands (BB), which are in a squeeze, signaling a potential breakout. Typically, this indicates that volatility is low, and the price could move sharply in either direction once the bands break. Key Indicators and Signals: MACD: The MACD indicator is showing a bullish crossover, which indicates the possibility of a trend reversal to the upside. RSI (Relative Strength Index): Currently at 45.78, indicating that the market is neither overbought nor oversold. This suggests that Bitcoin is in a neutral zone, but with bullish signals from other indicators, an upward move seems likely if momentum continues to build. ArtY Money Flow Index: The Money Flow Index is showing green bars, suggesting that capital is flowing into Bitcoin, which supports the bullish outlook. Stochastic RSI: The stochastic is in the oversold region (currently at 14.99), which usually signals a potential reversal to the upside. Resistance and Support Levels: Resistance: The primary resistance level is located at $105,705. A break above this level would indicate a strong upward move. Support: The primary support level is around $101,600. If the price reaches this level and holds, it could act as a potential bounce point for a reversal. Trading Strategy and Plan: Entry Strategy: Buy Entry: Enter a long position if the price breaks above the $104,700-$105,705 range, indicating a breakout above resistance. A confirmation from the MACD and RSI would add strength to this signal. Stop Loss: Set a stop-loss order at $101,000, below the key support, to manage risk if the market reverses unexpectedly. Target/Exit Strategy: Take Profit Target: A good target is at the $110,000 level, where Bitcoin could face another resistance. A more aggressive target could be at $115,000, but this would require a continuation of the bullish momentum. Trailing Stop: Use a trailing stop as Bitcoin continues to move upward to secure profits if the price continues to climb without retracing. Risk Management: Maintain a risk-to-reward ratio of at least 1:3, meaning you should aim for profits that are at least three times the amount of risk you take. This will ensure better risk management in case the market reverses unexpectedly. Monitor the market sentiment closely. Bitcoin's price movements can be highly volatile, so being ready to adjust stop-loss and take-profit levels is essential for successful trading. Bitcoin is showing positive signs of breaking to the upside, with support from key technical indicators such as bullish MACD crossovers, oversold stochastic levels, and a neutral RSI. It’s essential to monitor the breakout above the $104,700-$105,705 level, which could signal a strong upward move. However, traders should use proper risk management techniques, such as setting stop-loss orders and managing position sizes carefully. Always stay updated with market news and adjust your strategy based on any significant news or changes in the overall market sentiment.
BINANCE:BTCUSDLong
by elfabiiani
1
CAD/CHF Short 🔻 CAD/CHF Swing Short Setup Sell Limit Entry: 0.6040 Stop Loss: 0.6115 (above recent daily highs) Take Profit 1: 0.5800 Take Profit 2: 0.5700 Risk-to-Reward: ~2.6:1 to TP1, ~4.5:1 to TP2 Fundamentals: CAD is weakening from falling oil, soft economic data, and global trade risk. CHF is gaining on risk-off sentiment and its safe-haven status. Technical Confluence: Monthly chart just broke below long-term support at 0.6000 for the first time ever. Weekly chart shows price retesting 0.6000–0.6050, a perfect break-and-retest setup. Daily shows price stalling beneath resistance without strength — no bullish breakout attempt yet. Target Logic: TP1 at 0.5800 is just above the panic wick zone — realistic and conservative. TP2 at 0.5700 aligns with the extreme 2015 SNB spike low — stretch target only if momentum continues.
Short
by tradercat2025
Nacho the Kat Bullish Falling Wedge Pattern Signals PotentialChart Overview The chart shows a falling wedge pattern forming on a 4-hour timeframe for "Nacho the Kat" (NACHO/USD). This is a bullish pattern often indicating a potential price breakout to the upside, particularly after a period of consolidation within the wedge. Price Action Analysis Current Price: The price is approaching a potential breakout point, with the trend following the pattern outlined in the chart. Falling Wedge: The pattern suggests the price has been consolidating within lower highs and higher lows, creating a narrowing range. Historically, the breakout from a falling wedge tends to be upward, especially when volume and momentum indicators align with the trend. Volume and Momentum Indicators VMC (Volume Momentum Cipher): Shows divergence (highlighted by green and red dots). The momentum is slowing but still supports the possibility of an upward move once the price breaks above the resistance level. RSI (Relative Strength Index): RSI is at 55.03, indicating neutral market conditions. There is room for upward momentum before reaching overbought conditions, which further supports the possibility of an upside breakout. ArtY Money Flow Index: It is currently above 40, showing positive money flow, indicating that buying pressure is still relatively strong. Stochastic Oscillator: The Stochastic is at 47.29, which is within a neutral range. However, it could suggest potential upward movement, especially if the oscillator crosses above 50. Support and Resistance Levels Support: The support level is represented by the strong low section of the falling wedge. A breakdown below this level could invalidate the pattern. Resistance: The resistance lies at the upper edge of the falling wedge. Once the price breaks this level, it could indicate the start of a bullish move. Trading Plan Entry Point: Wait for a confirmed breakout above the upper resistance of the wedge. A break above this level will provide a clearer confirmation of upward movement. Consider entering the position at or above 0.0000057 USD. Stop-Loss: Place the stop-loss below the lower trendline of the wedge to limit potential losses in case the breakout fails. A reasonable stop-loss could be around 0.0000045 USD. Take-Profit Targets: Short-Term Target: After a breakout, aim for a conservative target around the next resistance at 0.0000065 USD. Long-Term Target: If momentum continues to build, the next potential resistance levels may be around 0.0000075 USD. Risk Management: As with any trade, ensure to use proper risk management by not risking more than 1-2% of your total capital per trade. Keep an eye on the volume and momentum indicators. If they show signs of weakening before the breakout, consider reducing position size or waiting for more confirmation. Final Thoughts The falling wedge pattern suggests that "Nacho the Kat" cryptocurrency may be preparing for a bullish breakout, but it's essential to monitor price action carefully. A strong breakout with increasing volume will likely signal further gains, while a failure to break the wedge resistance could lead to further consolidation or downside risks.
CRYPTO:NACHOUSDLong
by elfabiiani
USD/JPY Long, EUR/CAD Short, GBP/USD Neutral and EUR/USD ShortUSD/JPY Long Minimum entry requirements: • If structured 1H continuation forms, 1H risk entry within it. EUR/CAD Short Minimum entry requirements: • If structured 1H continuation forms, 1H risk entry within it. GBP/USD Neutral Minimum entry requirements: • If structured 1H continuation forms, 1H risk entry within it. EUR/USD Short Minimum entry requirements: Minimum entry requirements: • If structured 1H continuation forms, 1H risk entry within it.
by StewySongs
NZD/USD "Kiwi" Forex Vault Heist Plan!🌟 Yo, what's good? Salaam! Ciao! Konnichiwa! 🌟 Dear Cash Snatchers & Market Bandits, 🤑💰💸😎 Get ready to raid the NZD/USD "Kiwi" Forex Vault with the slickest 🔥Thief Trading Style🔥 Our tech-fueled, fundamental-backed heist plan is locked and loaded for a long-entry score. Stick to the chart’s sneaky blueprint and aim to slip out near the Red Zone—a high-stakes trap where overbought vibes, consolidation, and bearish bandits lurk. 🏆💸 Grab your loot and treat yourself, you sly foxes! 💪🎉 - 📈 Entry Point: The heist’s ON! 🕵️‍♂️ Lay low for the MA pullback at Institutional Buy Zone 1 (0.57700) or Buy Zone 2 (0.56000), then pounce for juicy bullish profits! 🚀 - 🛑 Stop Loss: Yo, ears up! 🗣️ If you’re setting a buy stop order, don’t touch that stop loss ‘til the breakout pops off. 📍 Stash it at the closest swing low on the 4H: Buy Zone 1 SL at 0.56500, Buy Zone 2 SL at 0.54500. Size it to your risk, lot, and multi-order game plan. Mess around, and you’re toast! 🔥 - 🎯 Target: Shoot for 0.62500 or ghost out early with the goods. 💰 - 👀 Scalper Crew: Long-side scalping only! Got deep pockets? Dive in. Tight budget? Roll with swing traders and slap on a trailing SL to shield your stash. 🧲 - 📊 Why It’s Lit: The Kiwi’s bullish run is powered by fundamentals, macro trends, COT reports, quant analysis, market vibes, and intermarket signals. Scope the full scoop from legit sources! 🌍🔗 ⚠️ Heads-Up: News drops can flip the game! 📰 Stay sharp: - Dodge new trades when news hits. - Slap trailing stop-losses on to lock profits and cover your back. 💖 Fuel the heist! 💥 Smash that Boost Button to power up our Thief Trading Style squad. Swipe profits daily like a pro and roll with the slickest crew! 🏆🤝🚀 Catch you on the next big score, bandits! 🤑🐱‍👤😎
Long
by Thief_Trader
USOIL | 4H | SWING TRADING Good morning, dear friends Due to high demand, I’ve prepared a USOIL analysis for you. My target level is set at 63.600. Once my target is reached, I’ll be sharing updates under this post. Dear friends, your likes are always my biggest motivation to keep sharing analyses. That’s why I kindly ask each of my followers to show their support—please don’t hold back on the likes. I sincerely thank everyone who supports me with their likes. It truly means a lot
FX:USOILLong
by TraderTilki
2
CAD/CHF Loonie Heist: Sniping Swiss Profits with Thief Trading!🌍 Hello Global Traders! 🌟 Money Makers, Risk Takers, and Market Shakers! 🤑💸✈️ Dive into our CAD/CHF "Loonie vs Swiss" Forex heist, crafted with the signature 🔥Thief Trading Style🔥, blending sharp technicals and deep fundamentals. Follow the strategy outlined in the TradingView chart, focusing on a long entry targeting the high-risk MA Zone. Expect a wild ride with overbought conditions, consolidation, and potential trend reversals where bearish players lurk. 🏆💰 Celebrate your wins, traders—you’ve earned it! 💪🎉 Entry 📈: The vault’s open! Grab bullish opportunities at any price, but for precision, set buy limit orders on a 15 or 30-minute timeframe near swing lows or highs for pullback entries. Stop Loss 🛑: 📍 Place your Thief SL at the recent swing low on the 1H timeframe (0.59400) for scalping or day trades. 📍 Adjust SL based on your risk tolerance, lot size, and number of open orders. Target 🎯: Aim for 0.61400. 💵 CAD/CHF is riding a bullish wave, fueled by key market drivers. ☝ Unlock the full picture—dive into Fundamentals, Macro Insights, COT Reports, Quantitative Analysis, Sentiment Outlook, Intermarket Trends, and Future Targets. Check 👉🌎🔗. ⚠️ Trading Alert: News & Position Management 📰🚨 News can shake the market hard. Protect your trades by: Avoiding new entries during news releases. Using trailing stops to lock in profits and shield running positions. 📌 Markets move fast—stay sharp, keep learning, and adapt your strategy as conditions evolve. 💖 Power up our heist! 🚀 Tap the Boost Button to amplify our Thief Trading Style and make stealing profits a breeze. Join our crew, grow stronger, and conquer the markets daily with ease. 🏆🤝❤️ Catch you at the next heist, traders—stay ready! 🤑🐱‍👤🤩
Long
by Thief_Trader
EURUSD Bearish Structure Forming Amid Dollar UncertaintyEURUSD appears to be carving out a series of lower highs, showing potential signs of distribution. With price compressing inside a symmetrical triangle following multiple failed breakout attempts, the stage could be set for a bearish breakdown. This comes as U.S. inflation and Fed policy hold the spotlight and the euro faces political and structural crosswinds. 📉 Technical Breakdown (4H Chart) Triple Top / Head & Shoulders Variant Forming: Price action has traced a rounded top sequence, forming a triple top or complex head and shoulders structure. Each rally attempt has been followed by steeper declines and faster recoveries—typical of a topping process. Triangle Contraction Zone: Current price is consolidating into a symmetrical triangle, which is often a continuation pattern. Bearish breakout is expected if support around 1.1330–1.1320 fails. Key Bearish Targets: TP1: 1.1090 – former resistance turned support. TP2: 1.0890 – April breakout base and key structure low. Trade Setup (as per chart): Sell Entry Zone: Break and retest of 1.1320–1.1300. Stop Loss: Above 1.1527 (supply zone high). Targets: TP1: 1.1090 TP2: 1.0890 🌐 Macro Context USD Side: Fed is holding rates steady amid rising inflation fears triggered by tariffs Tariff shocks are already pushing prices up, while growth slows—a tough environment for the Fed. Dollar could strengthen if market sentiment shifts risk-off. Euro Side: Former EU Commissioner Gentiloni calls for unified borrowing to boost the euro’s global role, as U.S. stability is questioned Political uncertainty around German leadership transitions may also weigh on the euro short term. ✅ Conclusion EURUSD is trading at the apex of a tightening triangle pattern following a distribution structure. With a clean break of 1.1320 support, expect increased volatility and bearish momentum toward 1.1090 and 1.0890.
Short
by ultreosforex
50
EUR/CAD (Trade Recap), USD/JPY (Trade Recap) and GBP/USD Long GBP/USD Long Minimum entry requirements: • 1H impulse up above area of value. • If tight non-structured 5 min continuation follows, reduced risk entry on the break of it. • If tight structured 5 min continuation follows, reduced risk entry on the break of it or 5 min risk entry within it. • If tight non-structured 15 min continuation follows, 5 min risk entry within it if the continuation is structured on the 5 min chart or reduced risk entry on the break of it. • If tight structured 15 min continuation follows, reduced risk entry on the break of it or 15 min risk entry within it.
Long
by StewySongs
Global Calm, Fiscal Storm: The Yen's Challenge?The USD/JPY currency pair has recently experienced a notable surge, driving the Japanese Yen to its weakest level against the US Dollar in a month. This appreciation primarily stems from a significant improvement in global risk sentiment, sparked by a breakthrough trade agreement between the United States and China. This deal, aimed at reducing the US trade deficit, has bolstered investor confidence and diminished the traditional safe-haven appeal of the Yen. Adding to the dollar's strength is the Federal Reserve's continued hawkish stance, signaling no immediate plans for interest rate cuts and reinforcing the attractiveness of dollar-denominated assets amidst easing concerns about a US recession. Simultaneously, internal economic pressures in Japan significantly weigh on the Yen. The nation's public debt has reached an unprecedented high, driven by persistent increases in defense spending and social welfare costs due to an aging population. Government subsidies for energy bills and the need to issue more bonds to cover rising expenditures exacerbate this fiscal strain. This challenging domestic backdrop contrasts sharply with the Federal Reserve's position, creating a widening divergence in monetary policy outlooks that favors the US Dollar through yield differentials, despite the Bank of Japan's cautious consideration of future rate adjustments. Furthermore, reducing global geopolitical tensions has contributed to the shift away from safe-haven currencies. Recent ceasefires and prospects for diplomatic talks in key conflict areas have encouraged a "risk-on" environment in financial markets. This increased appetite for riskier assets directly reduces demand for the Japanese Yen, amplifying the impact of fundamental economic factors and monetary policy divergence on the USD/JPY exchange rate. The pair's trajectory remains subject to evolving global dynamics, upcoming economic data releases, and central bank communications.
Long
by UDIS_View
US100 - Correction Required Before Next Major Rally PhaseThe US Tech 100 index is showing signs of exhaustion after a strong recovery rally from April lows, with price action now facing resistance at the upper blue box around 20,200. The index appears to be forming a short-term top as momentum wanes, evidenced by recent candle patterns displaying indecision and inability to sustain new highs. The downward-pointing red arrow suggests a likely move toward the middle support zone around 19,000, which would represent a healthy correction of about 5-6% from current levels. This pullback would help reset overbought technical indicators and potentially shake out weak hands before establishing a stronger foundation for the next leg higher. Given the sharp rally we've witnessed from the April lows near 16,400, this correction would be technically justified and provide a more sustainable launching pad for continuation of the longer-term uptrend once complete. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATION:USTECShort
by financialflagship
2
WTI - Technical Setup Points to April HighsThe US Light Crude chart is displaying promising bullish momentum after establishing a significant double bottom at the $56 support zone. Following a sharp recovery from recent lows, the price has broken above key resistance levels and is currently trading around $61,27 with the green arrow indicating potential continuation to the upside. Technical patterns suggest there is a higher probability that crude oil prices will extend this rally toward the local top formed on April 23rd near $65, completing a broader recovery pattern. With strengthening momentum indicators and improved market sentiment, this upward move appears well-supported, especially if crude can maintain position above the current consolidation range and continue forming higher lows on the daily timeframe. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATION:WTILong
by financialflagship
XAUUSD - Could we see $3,200?Gold appears to be showing signs of exhaustion after its impressive rally to record highs near $3,500 per ounce, with recent price action forming a potential double top pattern. The downward-pointing arrow on the chart suggests bearish momentum is building, and with the price currently hovering around $3,326, we may be witnessing the early stages of a deeper pullback toward the lower support box around $3,200. This correction would represent a healthy consolidation within gold's long-term uptrend, allowing overextended technical indicators to reset before the next potential leg higher. Fundamental factors including potential profit-taking, a temporary strengthening in the US dollar, and positioning adjustments ahead of upcoming economic data could accelerate this move toward the $3,200 target in the coming weeks. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATION:XAUUSDShort
by financialflagship
GBPJPY - Correction Likely as New Week BeginsThe GBP/JPY chart shows a strong recovery from April lows near 185.00, but the pair now appears to be facing significant resistance at the highlighted box level around 193.50. After multiple attempts to break decisively above this zone in recent sessions, the price action is forming what looks like a short-term double top pattern, with the downward arrow indicating potential bearish momentum. This technical setup, combined with overbought conditions after the impressive rally from late April, suggests we may see some profit-taking and a corrective pullback in the beginning of the week. Traders should watch for a potential retracement toward the support level around 191.00-190.50 before the pair potentially attempts another run at the resistance zone. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Short
by financialflagship
USDJPY - Technical Analysis Favors Dollar Strength AheadBased on the USD/JPY chart, we're seeing a promising bullish setup after the pair rebounded from support around 142.00. The price has formed a higher low and appears to be establishing a potential uptrend, having recently broken above the 145.00 resistance level. With the current price action showing resilience and momentum shifting to the upside, there's a higher probability of continued strength toward potential targets near the previous highs around 148.00. The formation of consecutive bullish candles above key support zones reinforces this positive outlook, suggesting buyers are regaining control after the April decline. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Long
by financialflagship
EURUSD price analysis week 20🌐Fundamental Analysis USD gains ground: Thanks to the hawkish tone of the US Federal Reserve (Fed) and the announcement of the UK-US trade deal, the USD strengthened against other currencies, dragging the EUR/USD pair lower in the US session on Thursday. US Monetary Policy Outlook: The FedWatch tool shows only a 17% chance of the Fed cutting interest rates in June, leaving the USD with room to rise if the Fed maintains a cautious stance. Euro Outlook Weakens: ECB officials signaled a clear interest rate cut in June, as slowing growth and easing inflationary pressures limit the Euro's upside potential. 🕯Technical Analysis EURUSD has established a downtrend after breaking through a key technical support zone around 1.12900. Key support to watch is around 1.1100 and the next zone is the weekly support zone of 1.1000. During the week, if there is any sign of price increase above 1.129 creating a False break pattern, we will pay attention to the peak area of ​​1.036 for the SELL strategy. 📈📉Trading Signals SELL EURUSD 1.03600-1.03800 SL 1.04100 BUY EURUSD 1.11100-1.10900 SL 1.10600 BUY EURUSD 1.10000-1.09800 SL 1.09500
by TVS-Trader
GBP/AUD Short, EUR/CAD Short, USD/JPY Short and EUR/USD NeutralGBP/AUD Short Minimum entry requirements: • If tight non-structured 15 min continuation forms, 5 min risk entry within it if the continuation is structured on the 5 min chart or reduced risk entry on the break of it. • If tight structured 15 min continuation forms, reduced risk entry on the break of it or 15 min risk entry within it. • If tight non-structured 1H continuation forms, 15 min risk entry within it if the continuation is structured on the 15 min chart or reduced risk entry on the break of it. • If tight structured 1H continuation forms, 1H risk entry within it or reduced risk entry on the break of it. EUR/CAD Short Minimum entry requirements: • If structured 1H continuation forms, 1H risk entry within it. USD/JPY Short Minimum entry requirements: • 1H impulse down below area of value. • If tight non-structured 15 min continuation follows, 5 min risk entry within it if the continuation is structured on the 5 min chart or reduced risk entry on the break of it. • If tight structured 15 min continuation follows, reduced risk entry on the break of it or 15 min risk entry within it. EUR/USD Neutral Minimum entry requirements: • 1H impulse up above area of interest. • If tight non-structured 5 min continuation follows, reduced risk entry on the break of it. • If tight structured 5 min continuation follows, reduced risk entry on the break of it or 5 min risk entry within it. • If tight non-structured 15 min continuation follows, 5 min risk entry within it if the continuation is structured on the 5 min chart or reduced risk entry on the break of it. • If tight structured 15 min continuation follows, reduced risk entry on the break of it or 15 min risk entry within it. Minimum entry requirements: • If structured 1H continuation forms, 1H risk entry within it.
Short
by StewySongs