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Trend Lines

SOL | Waiting on ETH for NEW ATHSolana has barely made a new ATH - basically topping out at nearly the exact same place as the previous ATH made in Nov 2021. As Ii said in yesterdays update on ETH, there is no way BTC makes such a dramatic new ATH and ETH (and Solana) stay behind. We can expect SOL and ETH to increase when BTC continues to trade range above 95k. This could be another multi-month playout, although ETH usually peaks rapidly at the end of the cycle, which is noteworthy from yesterday's analysis. ___________________ BINANCE:SOLUSDT COINBASE:BTCUSD
Long
by CryptoCheck-
USD/JPY: Continuation Pattern in Focus?The USD/JPY pair is currently in a significant uptrend on the daily chart, characterised by a series of rising highs and lows. Following a marked upward movement, the price has entered a consolidation phase, indicating a temporary pause before potentially resuming its directional trajectory. This sideways movement is often interpreted as preparation for a breakout, presenting an intriguing opportunity for attentive investors. Possible Buy Scenario Should the price manage to breach the resistance within the current consolidation range, approximately at the 158.00 level, it could signal a resumption of the uptrend in the coming days. A daily close above this resistance would strongly indicate a continuation of the upward momentum, with a target set around the 161.75 region (approximately 350 pips). This target marks the next significant resistance zone on the chart and represents the highest price observed in recent years, largely attributed to the Bank of Japan's decision to maintain very low interest rates, leading to a considerable depreciation of the Yen. In this scenario, an effective risk management strategy could involve placing a stop loss just below the low of the consolidation range, around 155.80 (approximately 250 pips), to protect against potential false breakouts. Alternative Sell Scenario Conversely, if the price fails to break through the resistance and instead falls below the consolidation level at 155.80, this could signal a possible reversal or a deeper correction. Under these circumstances, the USD/JPY might seek lower support, such as the 151.50 region, which aligns with a previous support zone on the chart. This scenario would indicate a shift in market behaviour, potentially influenced by macroeconomic events or fundamental data that could impact risk appetite. In summary Investors should closely monitor macroeconomic developments, including US employment data, speeches from Federal Reserve officials, and geopolitical events, as these can introduce volatility into the pair. Paying attention to price behaviour within the consolidation range will be crucial in determining which of the outlined scenarios is most likely to materialise. Disclaimer 74.2% of retail investor accounts lose money when trading CFDs with this provider. Consider whether you understand how CFDs work and if you can afford the high risk of losing your money. Past performance is not indicative of future results. Investment values may fluctuate, and you may not recover your initial investment. This content is not intended for residents of the UK.
Long
by Marketscom
Gold is expected to rise to the 2670-2680 after consolidatiGold has been consolidating intraday, fluctuating primarily within the 2645-2655 range. From the structural perspective, it is evident that although gold has repeatedly faced resistance near 2655 in the short term, there is no significant downside retracement, resembling the previous staircase-like upward movement. This suggests that gold could utilize the consolidation phase to build upward momentum, paving the way for a breakout rally toward the 2670-2680 zone. Therefore, in the short term, I remain bullish on gold. Key support levels to watch are concentrated in the 2645-2635 range.Bros, are you optimistic about the continued rise of gold? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
OANDA:XAUUSDLong
by Trader_Marvin
HelenP. I Bitcoin will break trend line and rise to $102500Hi folks today I'm prepared for you Bitcoin analytics. Some time ago price declined to the support level, which coincided with the support zone, and then at once made impulse up to the resistance zone. After this movement, BTC turned around and dropped from the resistance zone to 90500 points, after which quickly backed up and then corrected to the support level. Later price started to grow and soon reached the resistance level again and then broke it, after which made a retest and rose to the trend line. After this movement, BTC turned around from the trend line and made an impulse down to the support zone, even a little below, breaking resistance with support levels. Soon, the price rose higher than the support level but later fell back and then finally rose. Next, BTC some time traded near the 94500 support level and later dropped below this level one more time, after which started to grow and rose to the rend line, where at the moment it continues to trades close. In my opinion, BTCUSDT will make the mall correction and then bounce up to the resistance level, breaking the trend line. That's why my goal is the 102500 resistance level. If you like my analytics you may support me with your like/comment ❤️
Long
by FirstNameHelen
10
DowJones/ Key Levels to Confirm Bearish MomentumUS30 Technical Analysis The price needs to stabilize below 42,770 and 42,590 to maintain the bearish trend toward 42,380 and 42,130, particularly if a 4-hour candle closes below 42,590. For a bullish trend to emerge, the price must break above 42,770, with the next target at 43,200. Key Levels: Pivot Point: 42590 Resistance Levels: 42770, 42980, 43210 Support Levels: 42380, 42130, 41970 Trend Outlook: Bullish Trend: Above 42,770 Bearish Momentum: While below 42,590
OANDA:US30USDShort
by SroshMayi
Moustafa!! Be ready for a big bearish wave will hit US100 soon! * The used times frames are the monthly, weekly and the daily.. on the chart at this idea, is shown the daily frame! * The purple daily uptrend line which was not broken since 05.08.24 if you remember what happened at the carry trade and Japan interest rates of that time, was broken at 18.12.24 and then pullback then the index pushed down again then on 03.01.25, another pullback happened and it could go to max 21635 but I believe will be pretty hard that one daily candle can close above that price 21635 * A descending bearish triangle already formed and the main idea, that the index will face huge resistance which will push the price down to breakthrough the triangle to send the index further down to the TP1 regardless any bullish short term retraces to the upside, but 20230 will be my TP currently! * I believe that the main target is even further down when the index touches by the daily candle the green uptrend line which is strong as a steel and was not broken since 06.01.2023 and the last time the index touched that line was at 05.08.2024 which caused a huge insane push to the upside. * My Fib retracements levels are powerful and closure of the daily candle of 02.01.2024 is a huge indication that the index would go further down even if a pullback to the upside happened on the 3rd of January (last Friday session) ****** Note: My ideas are exclusive to myself only and is not regarded as an advice for traders or investors and are not more than personal thoughts which I just wanted to share with you all and I do hope they could help. I am not selling any signals and I do not take money favour any trades recommendations. They are free of charge all lifelong but I keep the copy rights of them though to not be copied or shared or sold.
FX:NAS100Short
by moustafa_marei
14
Crude Oil - Is it time that the Black Gold will finally deliverHi guys, we are taking a look again at the Crude Oil , so far we have had a good revival of the price, hence it was trading side ways for the part of Novemeber - December 2024. Currently we can see after the recent price action we have formulated a beautiful ascending pattern which I intend to follow up on. Entry: 73.30 Target :75.00 Stop: 72.30 As always my friends happy trading! P.S. If you have questions or inquiries about one of my existing set-ups or personal questions / 1 on 1 sessions consider joining my community so you can follow up with me in private!
NYMEX:CL1!Long
by DG55Capital
3
GBPUSD -Dollar, employment indicators or tariff news?!The GBPUSD currency pair is below the EMA200 and EMA50 in the 4-hour timeframe and is moving in its downward channel. In case of upward correction of the currency pair, it is possible to sell this currency pair within the specified supply zone. If the downward trend continues due to the release of economic data this week, we can see the demand zone and buy within that zone with the appropriate risk reward. The yield on the UK’s 30-year bonds reached 5.22%, the highest level since 1998. This surge followed the sale of similar maturity bonds and heightened concerns about the large issuance of government debt. The UK government plans to issue £297 billion in bonds during the current fiscal year, marking the second-highest figure in the country’s history. This substantial issuance has exerted significant pressure on the bond market and raised fears about mounting national debt. Moreover, expectations of a smaller rate cut by the Bank of England (BoE) have added further strain to the bond market. The UK government faces a considerable challenge in balancing the need to gain investors’ trust while managing its growing debt burden. The market remains overshadowed by the controversial 2022 budget under Liz Truss, the former Conservative Prime Minister. Meanwhile, recent data has led to improved economic forecasts. Real personal consumption expenditure growth for Q4 is now expected to rise from 3% to 3.3%, while projections for real private domestic investment growth have improved from -0.9% to -0.6%. Additionally, the contribution of net exports to real GDP growth in Q4 has been revised upward from 0.07% to 0.11%. Goldman Sachs has reduced its forecast for the Federal Reserve’s interest rate cuts in 2025 from 100 basis points to 75 basis points. The bank does not anticipate that President-elect Donald Trump’s policies will result in rate hikes. Goldman Sachs notes that core inflation is declining and remains skeptical about Trump’s policy changes having a significant impact on interest rates. According to a report by The Washington Post, Trump may impose tariffs that are more limited in scope than he had promised during his campaign. This news has led to a decline in the value of the US dollar. Such reactions are likely to recur as more details about the tariffs are announced. Reports of lower tariffs typically weaken the dollar. But what happens if higher tariffs are imposed, such as those targeting China? Chris Meissner from Santa Clara University believes, “The Chinese yuan will appear weaker relative to the US dollar, which will strengthen the dollar to offset part of the direct tariff impact.” Olivier Jeanne, a professor at Johns Hopkins University, stated, “A stronger dollar benefits American consumers by lowering the cost of imports.” He added, “It is also advantageous for American tourists traveling abroad when the dollar is strong.” However, he cautioned that this is detrimental to the export sector, as a stronger dollar means other countries would need more of their own currency to purchase American goods. With approximately two weeks remaining until Trump’s inauguration, the threats surrounding his proposed tariff plans have already introduced stress into the global trade system and created uncertainties regarding inflation and interest rate trends.
Short
by Ali_PSND
2
BTC Range from a Premium & Discount PerspectiveBitcoin has been known to be in range, and we can use tools to analyze it's price action: 1. Trendline Tops & Bottoms as Support & Resistance 2. Trendline Channel 3. Premium & Discount Range For Premium & Discount Range, configure the Fib into 0.25, 0.5 and 0.75. These levels act as Intermediate Support & Resistances. Here, I do not use Fibonacci retracements, but could easily view my chart in a clear manner. We will have to see how price reacts around these channel and ranges to understand it's movements. Hope it helps, follow if you like more chart analysis. Thanks!
BITSTAMP:BTCUSD
by solfury
$BTC.X >> 4 Hr. Chart >> Technical Analysis$BTC.X >> 4 Hr. Chart >> 95000 is the next key level to hold / Heavy volume in this zone If support breaks 92300 will be the target Take a look at the IMACD LB Indicator / There was a Bear Cross today Many times the Signal Line will stay below the MACD Line for an extended period of time once the bear cross occurs Not always, but on multiple occasions Since the Bear Cross just happened I'm thinking 95K may fail to hold and a 92K support test is on the way We'll see / If $BTC.X does dip to 92K it will likely correlate with a steeper decline for the stock market Market Bulls need 95K to hold tomorrow otherwise the bears will likely press lower
COINBASE:BTCUSD
by ospreyeye3
AVAX/USDT Weekly Symmetrical Triangle FormationThe chart illustrates a classic symmetrical triangle pattern on the weekly timeframe, suggesting a period of consolidation before a potential breakout. The price is holding above the 50-week moving average (MA50), reinforcing the bullish outlook. Key Observations The symmetrical triangle indicates indecision in the market, with buyers and sellers converging. Holding above the MA50 signals strong support and a likelihood of upward momentum. A confirmed breakout above the upper trendline will validate the bullish scenario and trigger significant upward movement. Targets Upon Breakout $61 - $149 Strategic Implications Patience is key. Monitor for a breakout with strong volume confirmation above the triangle's resistance. Failure to break out may result in continued consolidation within the pattern. This setup offers significant potential for medium to long-term gains if the breakout materializes.
Long
by wsaetos
AUDUSD InsightHello, subscribers! It's great to see you all. Please feel free to share your personal opinions in the comments. Don’t forget to like and subscribe! Key Points: - The U.S. December Services PMI came in at 54.1, exceeding both the previous month’s figure and market expectations. - The U.S. November JOLTS report showed 8.1 million job openings, surpassing the previous figure of 7.84 million and the forecast of 7.73 million. - Strong U.S. employment data and robust service sector indicators are interpreted as supporting the Federal Reserve’s decision to halt monetary easing. Markets expect no further rate cuts until at least March. - Japan's Finance Minister Katsunobu Kato stated that the recent forex market has shown unilateral and rapid movements, and appropriate measures will be taken to address excessive volatility. This Week's Major Economic Events: + January 8: U.S. December ADP Nonfarm Employment Change + January 9: Federal Open Market Committee (FOMC) Meeting Minutes + January 10: U.S. December Nonfarm Payrolls and Unemployment Rate AUD/USD Chart Analysis: After confirming a bottom near the 0.62000 level, the pair rebounded and climbed to the 0.63000 level but failed to break through. While there’s still a possibility of a rise toward the 0.63500 level, a break below the 0.62000 level would fully shift the trend to a bearish outlook, potentially targeting the 0.60000 level. Therefore, it’s crucial to monitor whether the 0.62000 level holds as support or is broken during this move.
Long
by shawntime_academy