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Trend Analysis

Bitcoin Descending Channel - $65,500 Support Retest?Hello traders, in today’s Bitcoin analysis, we are going to look at recent price action developments and the rejection that occurred in the past 12 hours. Bitcoin remains within a descending triangle, printing consecutive lower lows and lower highs. The latest move saw an impulse pump into the 0.618 Fibonacci level, aligning perfectly with the descending channel range high. This resulted in a rejection, reinforcing the probability of a move lower. Key Points: • BTC is trading within a descending triangle with a clear lower high and lower low structure. • The recent rejection occurred at the 0.618 Fibonacci level, aligning with the channel range high. • The next key support is at the lower channel boundary around $65,500. Bitcoin’s price action has solidified this descending trading channel, and until a breakout occurs, the market will likely continue to respect this structure. If sellers maintain control, a move toward the channel low remains the most probable scenario. However, BTC can still range within this formation until a decisive break occurs. Traders should keep an eye on key support and resistance levels, as any strong reaction at these areas could indicate the next major move
CRYPTO:BTCUSDShort
by AzizKhanZamani
1
ONDOUSDT – Approaching a Breakout?( BINANCE:ONDOUSDT.P ) has been consolidating within a descending triangle on the 1D timeframe, with price testing the $0.81 support zone multiple times. The declining volume suggests a potential breakout soon, with key levels to watch: 📉 Support: $0.81 – If this level fails, we may see further downside. 📈 Resistance: $0.90 & Trendline Break – A breakout above the descending trendline could trigger a strong bullish move. 🔥 Potential Trade Idea: • Bullish Scenario: Breakout above the trendline with strong volume → Target $0.8 - $1.00+ • Bearish Scenario: Breakdown below $0.81 → Target $0.70 or lower 💡keep an eye on volume shifts and price action confirmations. 🚨 Risk Management: Always use stop-loss and proper risk-to-reward ratios. This is not financial advice—trade responsibly and manage your risk effectively. Will ONDO break out soon, or will bears take control? Let me know your thoughts in the comments!
Long
by CmpCryptoInsights
2
PLTR Hovering at $80 Support: Will This Zone Absorb the Panic? 📉 Market Context: In the aftermath of the Trump tariff-driven market crash, PLTR is teetering at critical gamma + price support around $80.30. The question now: is this a trap door breakdown or a gamma bounce setup into OPEX week? 📊 Technical Analysis (1H Chart) Structure & Price Action: * PLTR’s short-term rally toward $91 was rejected at the GEX resistance zone. * Sharp breakdown back to $80 confirms this is a contested liquidity zone. * Current price sits at a red HVL zone, overlapping the PUT Support from options flow. Key Levels: * Support: * 🔻 $80.30–80.00: Major liquidity shelf & highest PUT support * 🔻 $77 / $75 = deeper gamma cliffs if $80 fails * Resistance: * 🔺 $82 = HVL reclaim needed to flip short-term trend * 🔺 $88–$91 = Gamma Resistance & supply zone * 🔺 $93–$97 = OTM CALL targets, low odds unless squeeze begins Indicators: * Volume spiking on sell candles, confirming the flush. * No bullish divergence visible yet on lower timeframes. * Still no structure signaling reversal — watching $80 reaction closely. 🧨 GEX + Options Sentiment GEX Insight (Options GEX ): * GEX Sentiment: 🔴🔴🔴 → deep in short gamma territory; dealers may hedge against bounces. * $80 = Highest negative NET GEX and PUT wall — this level is critical. * Below $80 → dealer gamma unwinding could accelerate → volatility spike. * Above $82 → could set up a fast magnet move to $88 if momentum shifts. Options Oscillator: * IVR 68.1 / IVx avg 84.3 → still relatively high, room for volatility to contract. * CALL$ 22.7% → moderate call buyers, but no clear signal of squeeze intent. * Time decay visible with large bets expiring in next 2 sessions. 🧭 Trade Scenarios 🐻 Breakdown Play: * Trigger: Candle close under $80.00 * Target: $77 → $75 (gamma void zone) * Stop: Above $82.00 * Notes: High odds for 0DTE / 2DTE PUTs on a weak open 🐂 Bounce from Gamma Support: * Trigger: $80 holds + reclaim $82 HVL with volume * Target: $88–$91 for gamma mean-reversion play * Stop: Below $79 * Ideal: Buy 0DTE/2DTE FWB:85C or debit spread targeting quick rebound 🎯 Summary: PLTR is sitting on the edge of a gamma shelf. $80 is the line between bounce and bleed. GEX shows this is the max pain zone. Bulls need to defend this level aggressively, or we open up for a potential flush to $75 with heavy dealer hedging in play. ⚔️ Suggested Trade: * 🔻 $80P 0DTE if market gaps below $80 * 🔺 FWB:85C 2DTE only after $82 reclaim with strong volume * 🎯 Scalpers can use $82/$88 as pivot zones Disclaimer: This breakdown is for educational purposes. Please trade based on your risk management and setup rules.
NASDAQ:PLTR
by BullBearInsights
1
Gold is rising strongly, is it one step closer to 3200?Gold has risen sharply again, and the current surge has reached the 3167.5 US dollar line! Gold continues to be bullish and long, and there is still room and demand for further increases! It is not easy to operate at present. The resistance is the intraday high, and a small stop loss is needed to be short. In terms of short-term operation ideas for gold, it is recommended to mainly short on rebounds and supplemented by long on pullbacks. The short-term focus on the upper resistance of 3138-3140 is the focus, and the short-term focus on the lower support of 3100-3110 is the focus. Strategy reference: Short order strategy: Strategy 1: Short (buy short) two-tenths of the position in batches near 3175-3178 of gold rebound, stop loss 6 points, target near 3155-3145, break to see 3140 line; Strategy 2: Long (buy up) two-tenths of the position in batches near 3138-3140 of gold pullback, stop loss 6 points, target near 3160-3170, break to see 3180 line;
FOREXCOM:XAUUSDLong
by MarjorieMatthew
1
ETH - UpdateETH has been "crashing" lately but I think it is in the end state of a long rally. In fact I think we are in the last stage of Wyckoff distribution and we could see a major rally soon. Looking at the 300 SMA we bottomed there in June 22 and if we hold there, it could be the spring board for a massive rally to new highs. Also I think GLD will top in a week or so which will be good for BTC and ALTS. Not investment advice. Please like and share and leave a comment.
BITSTAMP:ETHUSDLong
by BlackisKing
7
EURUSD: Forming long term top inside 5 days.EURUSD is bullish on its 1D technical outlook (RSI = 59.837, MACD = 0.006, ADX = 25.790) as since last Thursday it is rebounding on the 1D MA200. This is a perfect repetition of the September 2024 Double Top and right now we are on the final mini Channel Up, which inside 5 days priced that past top. Consequently we are prepared to turn bearish by halfway next week and aim for the S1 initially (TP = 1.0400). See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
Short
by InvestingScope
1
AUD/USD Daily Time Frame (DTF) AnalysisAUD/USD Daily Time Frame (DTF) Analysis The AUD/USD pair remains in a downtrend, recently breaking below the minor key support level at 0.62900. However, after this breakdown, sellers failed to drive the price lower toward the next key support, leading to a retracement towards the minor resistance level at 0.63500. This area has formed a double top pattern, signaling potential price reversal and strengthening the bearish outlook. With price currently trading below key levels, our strategy remains focused on anticipating liquidity formation between these two minor key levels. We plan to wait for a retracement towards the previous support level before executing a sell limit order at 0.62700, with a stop-loss (SL) set at 0.63870, placed above the liquidity zone, and a take-profit (TP) target at 0.59910, aligned with the next major support level. Fundamental Outlook: Key Developments Impacting the AUD Impact of U.S. Tariffs: On April 3, 2025, President Donald Trump announced a 10% baseline tariff on all imports, escalating global trade tensions. This announcement triggered a sharp sell-off in risk assets, leading to a 2% decline in the Australian Securities Exchange (ASX) 200 index. Export-driven stocks, such as Ansell and Breville Group, were particularly affected. In response, the Australian dollar depreciated as investors shifted toward safe-haven currencies like the Japanese yen and Swiss franc. (Source: Reuters) Market Volatility and Risk Aversion: The imposition of these tariffs has heightened concerns about a potential global economic slowdown, prompting investors to move away from risk-sensitive assets, including the AUD. The resulting risk-off sentiment has contributed to further weakness in the Australian dollar, as market participants continue to favor safer currency alternatives amid heightened geopolitical and economic uncertainty. 📌 Disclaimer: This analysis is for informational and educational purposes only and should not be considered financial advice. Trading involves substantial risk, and past performance is not indicative of future results. Always conduct your own research and consult with a financial professional before making any investment decisions.
Short
by RebornFXTrader
1
USDCHF Approaching Major Support - Potential Reversal?OANDA:USDCHF is approaching a key support zone, marked by strong buying pressure. This area has historically served as a demand zone, suggesting the potential for a bullish reversal if buyers step in. The current market structure indicates that if the price confirms a rejection from this support zone, there is a high probability of an upward move. I anticipate that if buyers defend this level, the market may head higher toward the 0.87100 target, which represents a logical target within the current market structure. However, a break below this support would invalidate the bullish bias and could lead to further declines. If you have any thoughts on this setup or see an alternative perspective, feel free to comment!
Long
by DanieIM
6
Introduction to the Gold Spot (XAU/USD) Chart This TradingView chart offers an in-depth look at the current dynamics of Gold Spot (XAU/USD) on a 30-minute timeframe, making it a powerful tool for traders seeking to navigate the gold market with precision. At its core, the chart is not just a depiction of raw numbers—it’s a visual narrative of price movement, market sentiment, and technical signals that together guide sound trading decisions. Prominently featured are the key price levels, with the chart marking a sell order at 3,145.71 and a buy order at 3,146.65. These numbers serve as immediate reference points for traders looking for entry or exit signals. Beyond these basic levels, the chart is enriched with annotations such as “BOS – BUY,” which indicates a Break of Structure suggestive of bullish momentum, and “CHOCH – SELL,” highlighting shifts in market behavior that may signal selling pressure. Additionally, a clearly defined “Key Buy Zone” emphasizes an area where traders might consider initiating long positions. The visual layout further segregates critical price zones: a purple resistance area around 3,183.80 suggests where the price might encounter significant selling pressure, while a green support zone near 3,110.00 signals potential buying interest. Alongside these, the integration of the Relative Strength Index (RSI)—with readings such as 51.57 and 68.37—provides deeper insight into market momentum and potential overbought or oversold conditions. This blend of support/resistance levels and momentum indicators allows traders to anticipate price reversals or continuations with greater clarity. Finally, the presence of various TradingView tools along the chart’s sidebar underlines the platform’s versatility. These interactive elements empower users to perform real-time technical analysis, from drawing trend lines to adjusting timeframes, ensuring that every aspect of market movement is captured and analyzed meticulously. In summary, this chart encapsulates the multi-faceted approach required for trading gold effectively. It combines precise numerical data with strategic technical annotations, making it an invaluable resource for anyone looking to master the intricacies of gold trading. For further exploration, you might consider deepening your understanding of how Break of Structure (BOS) and Change of Character (CHOCH) indicators can inform advanced strategy adjustments. Additionally, integrating other tools like Fibonacci Retracement or volume analysis alongside RSI readings could provide even more nuanced insights into the market’s behavior.
FOREXCOM:XAUUSDLong
by Buddhika_Trading
1
DeGRAM | GOLD ready for a declineGOLD is in an ascending channel between trend lines. The price is moving from the dynamic resistance, which has already acted as a pullback point twice. The chart has already reached the upper boundary of the channel and dropped below the resistance level after testing the 62% retracement level. On the 1H Timeframe, the indicators show that XAUUSD has started to work out the formed bearish divergence. We expect a decline. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
OANDA:XAUUSDShort
by DeGRAM
2