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Trend Lines

Alikze »» GMX | Ascending Channel - 1H🔍 Technical analysis: Ascending Channel - 1H - It is moving in an ascending channel in the one-hour time frame. Due to the formation of a Double Top pattern in the range of 24 dollars, it has faced selling pressure. Therefore, it can face demand by continuing the correction in the OB area of ​​22.40 or by pulling back to the previous ceiling. - So, in the case of a pullback to the previous ceiling and the OB zone of $22, it can face demand and continue its growth up to the supply range of $25. 🟩 Support ranges: 22.27 - 22.40 ♻️ Return zone: 21.68 ⛳️ TP: 23.44 - 24.20 - 24.60 - 25 -25.40 ⚠️ In addition, if it penetrates and stabilizes below the range of 21.68, the bullish scenario will be invalid. Therefore, as long as the candles are above the range of 21.68, the upward trend can continue. ⚠️ »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»««« BINANCE:GMXUSDT
Long
by alikze
SWING IDEA - GLANDStock has completed its Correction phase and found its lowest at 860, much below the 1700 IPO listing. Stock seems to be forming a new Higher High and Higher Low Pattern since Oct 2023. Also it can be seen following the Trendline as well. A Hammer on the weekly close last week, could indicate a strong support forming exactly on the Trendline, which is a good sign for further upward move. If all goes right, the stock could make it to its next leg up. Stoploss mentioned is crucial. If broken, the stock could start seeing further lows.
NSE:GLANDLong
by thepranam
LTC: Leading the Market with Doge, But Awaiting a Key BreakoutLTC is showing strong performance compared to many other coins in the market, with Doge following a similar trend. In the purple box, we can clearly see a breakout from the short-term trendline, signaling some positive momentum. However, for a full trend reversal, we need a decisive break of the longer yellow trendline, which may take more time. The Hurst cycles at the bottom (illustrated by the semicircles) show that LTC’s up-and-down movement is following a consistent pulse. If we do see a break of the upper yellow trendline, the next target could be marginally new all-time highs, though that won’t likely happen for some time yet.
Long
by cryptechcapital
NEIROUSDT → Someone's interested in the coin. Consolidation...BINANCE:NEIROUSDT is a rather interesting coin, which looks quite promising and stronger than the general market. Consolidation is forming on the background of the bullish trend. A good hint of the trend continuation... The coin is moving in steps. The pullback is forming the lower boundary of further consolidation, the purpose of which is to accumulate the potential for the continuation of the trend. Exceptionally bullish character of the movement... Emphasis on the borders of the current consolidation 2.182 - 1.835. The extreme support retest ended with the confirmation of the accumulation boundary without updating the local minimum, which indicates that the correction (most likely) is coming to an end. The reason indicating the readiness of the price to leave the accumulation and move to the realization phase will be a prolonged trade near the resistance. Resistance levels: 0.002182 Support levels: 0.0018355 Consolidation continues, I am waiting for the moment when the coin sticks to the resistance and starts to consolidate between 2.18 - 2.07. In this case, the coin will move to the formation of a pre-breakout consolidation with the aim to breakout and further growth. I don't exclude the fact that NEIRO may go to 1.517 for liquidity before continuing its growth. Rate, share your opinion and questions, let's discuss what's going on with ★ BINANCE:NEIROUSDT ;) Regards R. Linda!
Long
by RLinda
1
ZKUSDT Ready for a Breakout or About to Fail?Yello, Paradisers! ZKUSDT has formed a classic cup-and-handle pattern, and it looks like it’s about to challenge the key resistance trendline. But is this the moment we’ve been waiting for? 💎If ZKUSDT successfully breaks through both the resistance trendline and the resistance zone, it will validate the cup-and-handle pattern, significantly increasing the odds of a strong bullish move. 💎However, if we see a pullback, we can anticipate a bounce from the support zone—but to truly tip the scales in our favor, we’ll need to see an I-CHoCH (Internal Change of Character) on lower timeframes. 💎On the flip side, if ZKUSDT breaks down and closes candle below the support zone, it will invalidate our entire bullish thesis. In that scenario, it’s wiser to stay patient and wait for clearer price action to form before jumping back in. 🎖As always, discipline and patience are your best tools in these situations. If you're serious about consistent profits, waiting for high-probability setups is key. Trade smart, Paradisers! Stay focused and keep mastering your strategy to be in the winner's circle. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
2
SELL - XAUUSD (SNIPER)Gold (XAU/USD) establishes a foothold above the $2,700 psychological level on Friday after piercing above this level on the previous day, setting yet another fresh all-time high. Traders are bullish bullion as they foresee a lower trajectory for interest rates globally. This, in turn, lowers the expected opportunity cost of holding Gold given it is a non-interest-paying asset, and makes it more attractive to portfolio holders. Anyway, lets scalping on MONDAY! SELL GOLD 2722-2724 TP 1 : 2718 TP 2 : 2714 TP 3 : 2707/OPEN SL 2727 #GOODLUCK #M88N
OANDA:XAUUSDShort
by DollarHunterx
BTC: Buffeting Under Resistance, Awaiting the Decisive BreakBTC is currently buffeting under the upper trendline, which is acting as strong resistance. According to cycle analysis, we could see a couple more days of upward movement before entering a decline. The potential for an Elliott Wave impulse (1,2,3,4,5) to break through the upper trendline is becoming clearer. If the break happens, expect BTC to pull back and sit on the trendline before continuing higher. However, the frustrating part is that volume is cooling, which isn’t typical during Wave 3 of an impulse. Ideally, we’ll see a decisive break of the upper trendline within the next 24 hours, something that’s been long anticipated.
Long
by cryptechcapital
Nasdaq Monthly Analysis - Possible Measured Move CorrectionThere may be a lot of choppy price action at the top of this trading range until price definitively starts to trend down to facilitate the correction or break out to make new highs. The reason for speculation that Nasdaq may be due for a correction is based on the current impulsive wave's similarity to the previous impulsive wave in both price and time. If the current impulsive wave has reached exhaustion it will be an approximate measured move of the previous impulsive wave with increase factors of: 1.022 increase in price range (10,365÷10,142) 1.046 increase in days to climax (637÷609) If the upcoming correction is also a measured move of the previous correction, using the calculated increase factors, the correction should be projected to occur over approximately 340 days (325×1.046) and decline by approximately 6,483 Points (6,344×1.022). This would bring price to 14,309 (20,792-6,483) around the date of June 16, 2025, which would also bring price back to the trend line. The projected correction, based the listed calculations, may retrace 77 Points below the 61.8% level (14,386-14,309). It is also worth mentioning that the previous correction retraced 76 Points below the 61.8% level (10,503-10,427). This difference in retracement below 61.8% is a factor increase of 1.013 (77÷76). On the monthly timeframe, technical indicators such as Stochastic and RSI show price as overbought.
OANDA:NAS100USD
by MartialChartsFX
6
Is the Dow Theory Still in Play?First of all what is Dow Theory? According to Dow Theory, it's all about Higher Highs (HH) and Higher Lows (HL) or Lower Highs (LH) & Lower Lows (LL). These the building blocks of an uptrend or downtrend respectively: (You can further google it) Together, a series of HHs and HLs suggests that the market's upward momentum is intact. Now Let’s take a look at the weekly chart: Previously, The market was locked in a downtrend, consistently making Lower Lows and Lower Highs. But the pattern broke when the price could not broke the previous low (LL) of 14.42 (closing basis) and formed a new high at 19.45 (Breached Previous HL). Since then, the sequence of HHs and HLs started, with the latest Higher Low at 24.36. As long as the price respects this pattern, the uptrend remains intact. However, there are challenges ahead. Athough, the EMA 89 (Fib) is offering support on the weekly chart, but a significant trendline resistance is there on both the weekly and monthly timeframes (marked in red) which is lower there on the graph from the previous HH. Breaking this resistance and the previous Higher High (HH) will be a little bit crucial, but a retest of the trendline may occur if the breakout is successful. Note: I’m also a learner and open to suggestions. If you spot any errors or gaps in my analysis, feel free to share your thoughts. Thanks!
PSX:GWLC
by PSX_Learner