W / USDT : Approaching trendline resistance -W/USDT: Approaching Trendline Resistance – A Bullish Rally on the Horizon
W/USDT is setting up for an exciting move 📈 as it nears a critical trendline resistance zone 📊. The price action has been consolidating, creating a textbook setup for a potential breakout 💥. A successful breakout above this level could ignite a strong bullish rally 🚀. Keep this pair on your radar 👀 and wait for confirmation before taking action.
Key Insights:
1. Trendline Resistance: W/USDT is approaching a significant trendline that has historically acted as resistance. A break above this level could pave the way for an extended upward move.
2. Volume Surge: A noticeable increase in trading volume during the breakout will validate buyer strength 🔥.
3. Bullish Signals: Indicators like RSI and MACD are showing positive momentum ⚡, supporting the potential for a bullish breakout.
Steps to Confirm the Breakout:
Wait for a clear 4H or daily candle to close above the trendline 📍.
Monitor trading volume during the breakout for a surge in activity, signaling strong buying interest 📊.
Watch for a retest of the broken resistance as a new support zone to confirm the move ✅.
Be cautious of false breakouts, such as sharp reversals or wicks above the trendline ⚠️.
Risk Management Strategies:
Utilize stop-loss orders to mitigate risks 🔒.
Ensure your position size aligns with your overall trading strategy and risk tolerance 🎯.
This analysis is for educational purposes only and does not constitute financial advice. Always conduct your own research (DYOR) 🔍 before making investment decisions.
Trend Analysis
Bitcoin (BTC/USDT), Key Support, FVG, Trend LineBitcoin (BTC/USDT), Key Support, FVG, Trend Line.
Price Action:
1. Current Price: Bitcoin is trading at $98,074.72, marked in red at the top right corner. It has recently pulled back after a peak near $100,000.
2. Key Support Zones:
• $92,520.00: A highlighted level where Bitcoin might find support. This is marked on the chart with a pink box.
• $90,500.00: Another significant support level below, marked in a similar manner.
3. Fair Value Gap (FVG):
• The FVG appears between the current price (~$98,000) and the lower support levels (~$92,232 and $90,500). These gaps indicate areas of potential price imbalance where buyers or sellers may step in to close the gap.
Trend Context:
• Bitcoin is within a rising channel pattern, with yellow dashed lines indicating the trend boundaries.
• The price appears to have tested the upper boundary and is retracing toward support zones, suggesting a potential retracement to fill gaps or test support before continuation.
Tesla Stock Analysis: December Momentum and Technical OutlookTesla (NASDAQ: TSLA) has been on an impressive rally lately, gaining significant traction and catching the attention of traders worldwide. Let’s break down the current technical setup, as shown in the chart.
Price Action Overview
Recent Move: Tesla has been trending strongly within a rising channel, showing consistent higher highs and higher lows.
Support Zone: The highlighted pink region between $400-$420 has proven to be a critical demand area, where buyers stepped in after a short-term pullback.
Resistance Levels: Based on Fibonacci extensions and historical price levels, the $500-$520 range is shaping up as the next potential resistance zone.
Technical Indicators
EMA Alignment: The EMAs are stacked bullishly, with the EMA 21, EMA 100, and EMA 200 showing clear upward momentum. This confirms the stock’s current bullish trend.
Supertrend: The Supertrend indicator remains in the buy zone, further supporting a bullish sentiment.
Trendline Confluence: The stock recently bounced off the lower boundary of the ascending channel, respecting the trendline and signaling potential continuation toward the upper boundary.
What to Watch For
Breakout Potential: If Tesla clears $480 decisively, we could see a quick move toward the $500 psychological level and beyond.
Pullback Risks: A failure to hold the $450-$458 area might indicate a deeper correction toward the $420 support zone.
📈 Are you bullish or bearish on Tesla’s next move? Let me know your thoughts in the comments!
⚠️ Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Always do your own research and consult with a certified financial advisor before making any trading decisions.
Long trade
5min TF entry
Buyside trade
NY Session PM
4.16 pm
Pair BTCUSDT
Entry 5min TF
Buyside bias ..? thought process
Observation 4Hr TF - Priced reached an optimal demand zone and
formed a double button on the 5min TF as well as liquidity low-swept.
Entry 98112.5 Profit level 99417.5 (1.33%)
Stop level 97801.8 (0.32%)
RR 4.2
Turbo The AI Memecoin Presents A Bull Flag PatternThe technical analysis of Turbo's native token is signaling a bullish breakout. A classic bull flag pattern has formed on the charts, suggesting a continuation of the strong upward momentum
This first ever memecoin created by AI. Turbo Token began as a bold experiment in cryptocurrency creation. Inspired by the power of artificial intelligence, the project's founder turned to GPT-4 with a simple challenge: create the next great meme coin.
Bearish drop off pullback resistance?NZD/JPY is rising towards the pivot which is a pullback resistance and could drop to the 1st support.
Pivot: 88.97
1st Support: 87.88
1st Resistance: 89.47
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Disclaimer:
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EURUSD Bearish PatternHi Traders
Here is Analysis of EURUSD as small Sell side Pattern. The Price is Testing the Correction Phase after move in the Selling Zone.
if the Price will Break Through 1.04300 Then Support 1.02990.
What's are you Thoughts About EURUSD
Lets Like and Comments share your idea in Comments.
Long Nike +ZCASH for 2025 multiplesNike is a global juggernaut across all apparel cultures, and other athletics & status realms
It is deeply oversold going into an economic boom in 2025...
This setup is proximal to ZEC (ZCASH) trading under $20 in 2024
Longing both assets will pay generously in 2025-2026 and beyond
Could it be a bullish recovery?NASDAQ:LCID could be a bottoming out stock in play after it broke above the key long-term downtrend line since Nov 2021. Furthermore, the stock has broken above the bearish gap and if it could sustain above the levels: US$3.17, then it could be a potential bottoming out play.
Ichimoku has shown three bullish golden crossover and the Stochastic Oscillator is showing a recovery in bullish momentum. Volume is expanding in a healthy fashion, making the stock attractive for mid-term momentum play.
If it corrects in near-term, then 2.31 support will be worth looking out for a rebound.
XAU/USD 4H Chart AnalysisOur Preferance
Gold shows bearish momentum amid a stronger USD and potential shifts in Federal Reserve policy. After rejecting the resistance at $2,662, price has formed a lower high. Key support levels are identified at $2,605 (TP1) and $2,595 (TP2). SL placed above resistance for risk management. Monitor macroeconomic events and USD strength for confirmation of the setup
Note: This analysis is for educational purposes and not trading advice. Consider market conditions and strategies.
Please do not forget the like button, Share it with your friends,thanks, and Trade safe.
EOS shall increase soonEOS is definetly creating a double bottom. Cause of The Divergence on MACD we can be sure of an Incoming Bearish movement. which crafts the next Bottom. afterward we can hope for the bullish movement happen( as much as the depth of a bottom) resistance zone is also shown on the Chart.
Closing my order with Profit / #107 Profits rowAs discussed throughout my yesterday's session commentary: "Technical analysis: No changes so far on the Daily perspective (Gold is Trading within my model) as today’s session E.U. opening didn’t delivered any significant move towards any Buying or Selling pressure point /confirmation, even though Fundamental numbers throughout Friday’s session met the forecast and delivered relief for Gold Buyers, DX on a Fundamental surprise, delivered full bodied green candle. The Price-action remains Neutral above the Hourly 4 chart’s Support zone of #2,622.80 - #2,627.80 and below the #2,638.80 - #2,642.80 Resistance zone fractal so use mentioned zones as your Intra-day pointers. It is Natural that Price-action found both Sellers and Buyers as RSI hit the Neutral zone, and with the absence of macro-economic catalysts, strong Volatility is expected, and don’t be surprised if you see thin Volume throughout today’s session. As the market is waiting for a catalyst, I see no alternative under such a Neutral setting but to maintain my breakout strategy and watching closely DX, to carefully issue my next move. If however #2,645.80 breaks, Price-action will be calling for upside extension, where #2,622.80 break can open doors for #2,600.80 benchmark and #2,592.80 configuration sequence. Otherwise, Volatility will be on the main stage. I do believe Selling pressure is still present on market so take that into consideration prior to positioning."
I have closed my Selling order (#2,628.80 - #2,611.80) on a fine #17-point Profit extending my results range to #107 Profits and #21 Stop-loss hits regarding December #2023 - December #2024 cycle along with pre and post Fed Profits I have made. Well done for Traders who followed my calls.
My position: I expect Gold to remain heavily pressured and only #2,642.80 - #2,652.80 break-out restores Bullish Short-term trend / soaring hopes. Anything below, I will continue to re-Sell Gold on my re-Sell points. Keep in mind that Volume may be decreased due holiday throughout tomorrow's session.
ETHUSDT Analysis: Blue Box SetupBy now, you’re familiar with my blue boxes , so I don’t need to explain them in detail. This blue box represents a solid demand zone where I expect potential reactions, making it an excellent area for entry.
Key Points:
Strong Demand Zone: Blue box is an ideal area for potential price reactions.
Familiar Setup: You know how I use these boxes for better trading precision.
Risk Management: Always manage risk based on the current market environment.
Confirmation Indicators: I will use CDV, liquidity heatmaps, volume profiles, volume footprints, and upward market structure breaks on lower time frames for validation.
Learn With Me: If you want to master how to use CDV, liquidity heatmaps, volume profiles, and volume footprints to identify precise demand zones, just DM me. I’d be happy to guide you!
Reminder: Be aware of the market's current state and approach it with caution. Successful trading relies on meaningful levels and robust confirmations.
If you think this analysis helps you, please don't forget to boost and comment on this. These motivate me to share more insights with you! Wishing everyone success in their trades.
I keep my charts clean and simple because I believe clarity leads to better decisions.
My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups.
If you would like to learn how to use the heatmap, cumulative volume delta and volume footprint techniques that I use below to determine very accurate demand regions, you can send me a private message. I help anyone who wants it completely free of charge.
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I stopped adding to the list because it's kinda tiring to add 5-10 charts in every move but you can check my profile and see that it goes on..
Lingrid | AUDCHF bearish Continuation from RESISTANCE zoneThe price perfectly fulfilled my previous idea. It reached the target zone. FX:AUDCHF is currently trading within a downward channel and has recently made a lower low. The price is now approaching the resistance zone and the upward trendline after bouncing off the support. I expect a pullback and a retest of the support level, which could lead to further downward momentum. On the daily timeframes, the prevailing trend is bearish, indicating that the market is likely to maintain its downward trajectory. I expect a potential fake breakout of the resistance zone, by taking liquidity above. My goal is the support level at 0.55870
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
HelenP. I Gold can correct to support level and then start growHi folks today I'm prepared for you Gold analytics. After looking at the chart, we can see how the price rebounded from the support level and started to grow to the resistance level, which coincided with the resistance zone. When the price reached this level, it broke it and then continued to move up to the trend line. After Gold reached the trend line, it turned around and started to decline inside the triangle pattern, where it soon broke the resistance level one more time. Next, the price tried to back up but failed and fell until to 2536 points, breaking the support level too, after which it quickly rose higher level, and broke this level again. After this movement, price rose to the resistance zone, after which at once rebounded down and some traded almost near the 2605 support level. Some time later price rose to the resistance zone again, where it reached the trend line and then dropped to the support zone. Recently price rebounded from this area and started to trades near the support level. So, I think that XAUUSD will fall to the support level and then start to grow inside the triangle. That's why I set my goal at 2660 points. If you like my analytics you may support me with your like/comment ❤️