Trend Lines
Textbook Reversal Setup: Liquidity Zone + Channel BreakReversal Setup Analysis: HTF Liquidity Zone + Ascending Channel Breakdown
This chart highlights a high-probability bearish reversal setup based on key technical confluences. Here’s a step-by-step breakdown of the analysis:
1. High-Timeframe (HTF) Liquidity Zone (LQZ):
- The red zone marks a major HTF supply area where price previously rejected with a strong impulsive move downward. This liquidity zone is critical as it represents an area where institutional players have shown activity, creating a high-probability region for a potential reversal.
- As price approached this zone again, it did so in a corrective manner (via an ascending channel), which indicates weakening bullish momentum.
2. Impulsive vs. Corrective Structures:
- Impulsive Move: The strong move away from the HTF LQZ (highlighted earlier in the chart) confirms bearish intent, serving as a key reference point for this trade idea.
Corrective Structure: The price forms an ascending channel on the way back to retest the HTF LQZ, signaling exhaustion of buyers.
- The third touch of the channel’s trendline coincides with the HTF LQZ, adding confluence for a potential bearish reversal.
3. Liquidity Zones in Play:
- HTF Liquidity Zone (Supply): Serves as the key resistance level and primary rejection zone.
- 15-Minute Liquidity Zone (Demand): Acts as a potential target for bearish momentum post-breakdown.
- This multi-timeframe liquidity alignment strengthens the trade idea by providing clear areas of interest for entry, stop-loss, and take-profit placement.
4. Breakdown Entry and Structure:
- Entry Trigger: The trade is triggered on the break of structure, where price falls through the lower boundary of the ascending channel. This breakdown confirms bearish momentum resuming after the corrective phase.
- Stop-Loss Placement: Ideally placed above the HTF liquidity zone and beyond the third touch of the channel to account for potential fake-outs.
- Take-Profit Levels: Targets can be set near the 15M liquidity zone or prior swing lows for a solid risk-to-reward ratio.
5. Key Takeaways:
- This setup offers an excellent example of combining HTF liquidity zones, structural patterns, and market context to develop a high-probability trade idea. The rejection from the HTF LQZ aligns with the broader bearish narrative, while the ascending channel acts as a corrective structure leading to a continuation of the downward move.
- By focusing on confluence factors like liquidity zones, impulsive vs. corrective moves, and structural breaks, this trade idea demonstrates a disciplined and strategic approach to trading reversals.
Educational Insights:
- Always zoom out to identify HTF zones of significance to ensure alignment with the larger market context.
- Differentiate between impulsive and corrective structures to gauge the strength and intent of price movements.
- Use pattern confluences (e.g., ascending channels) in combination with key zones to identify high-probability entries.
- Prioritize patience and discipline by waiting for clear structural breaks to confirm your setup.
Technical Report: Bitcoin (BTC-USD) Looking DownwardTechnical Report: Bitcoin (BTC-USD) Looking Downward
H ello!
The current technical picture and the recent market activity points to the Bearish perspective of Bitcoin (BTC-USD). Having passed the powerful psychological support at $100,000, many signals suggest we’re on the verge of correction, with target support in the $92,000 area.
Weak RSI Signals Overbought Conditions
The Relative Strength Index (RSI) is one of the primary indicators hinting at a potential decline. Currently, the RSI hovers around the 60 mark, resistance, reflecting weak momentum and failing to indicate a robust buying trend. While an RSI above 70 typically signals overbought conditions, the lack of a strong rally and an RSI below 50 often signal bearish sentiment. This suggests Bitcoin’s earlier bullish momentum may be fading, increasing the likelihood of a near-term price correction.
Rising Bitcoin Dominance
Another key factor is the rising Bitcoin dominance within the cryptocurrency market. Bitcoin’s growing market capitalization relative to other cryptocurrencies may signify a shift in investor sentiment, positioning Bitcoin as a safe haven amid altcoin volatility. However, this trend could also indicate fear-driven behavior rather than confidence, with investors hedging against broader market instability.
If Bitcoin dominance continues to rise without a corresponding price increase, it might signal an impending sell-off. Investors could be looking to liquidate their positions amid market uncertainty, potentially driving Bitcoin’s price downward.
Regulatory and Macroeconomic Pressures
Recent regulatory developments and macroeconomic factors also threaten Bitcoin’s upward trajectory. Heightened scrutiny from financial regulators worldwide has created uncertainty in the market. Proposals for stricter regulations on cryptocurrency exchanges and potential tax implications could dampen trading volumes and dissuade new investors. This regulatory pressure may contribute to bearish sentiment.
Macroeconomic factors, including rising interest rates and inflation concerns, further complicate Bitcoin’s position. Traditional investments offering higher yields may become more attractive, reducing Bitcoin’s appeal as an alternative asset. In this environment, the $100,000 resistance level becomes a critical barrier. Failure to breach this level could trigger significant selling pressure.
Price Projection: $92,000 Support
With a weak RSI, potential for increasing Bitcoin strength, and the latest regulation headlines, a strong reversal below $100,000 seems foreseeable. If it doesn’t have support above $100,000, then it could sink right back into the $92,000. This has been a level that has been resistant in the past, but an attack would open the door for more losses.
Currently technical analysis and overall market picture shows Bitcoin (BTC-USD) in bearish direction. The low RSI also signals lost upward momentum, rising dominance and regulatory issues mean that there could be instability. When Bitcoin reaches the important $100,000 resistance, traders should be patient and prepare for a drop towards $92,000 resistance. Conditions are not set in stone, so stay on top of what’s to come as Bitcoin’s price action shifts.
Regards,
Elysian Signals
Andy is Heating Up – Let’s Bid to New ATHs!I'm currently bidding on ANDY at these levels. Given the recent success of CRYPTOCAP:PEPE , I expect this one to perform well as well.
The weekly chart shows a solid base around these levels, with potential to reach 0.00017 again. I plan to build a position over the next two weeks.
Should see an altcoin rally half way Q1! MEXC:ANDYUSDT
Buy gold!Bros, earlier today, we initiated our first trade by going long on gold around the 2628 level, and we have now closed our long position near 2647. While we didn’t capture the absolute peak, we still secured an easy profit of nearly 200 pips.
Currently, after touching the 2649 level, gold has slightly pulled back and is now trading around 2642. Despite gold briefly dipping to the 2625 level earlier today, the overall bullish structure remains intact. As I mentioned on Friday, short-term pullbacks in gold are merely corrections of the prior uptrend and serve to build momentum for further upside. Therefore, I continue to maintain a bullish bias in my trading approach.
Since gold has resumed its rebound, for the upcoming short-term trades, we can consider using the 2640-2635 zone as a support level and start going long on gold again!
Bros, do you believe gold will extend its rebound? If you’re interested in learning more detailed trading strategies and receiving additional trade signals, you can join the channel linked at the bottom of the article. Let’s make trading easier and turn profit-making into an enjoyable journey!
FTM/USDT: Wave Pattern Signals Potential 80% Upside | Key Levels
Technical Analysis:
1. Price is currently at $0.7892, down 4.63%
2. Wave structure suggests completion of ABC correction at point (C)
3. Fibonacci retracement level at 0.786 aligns with potential reversal zone
4. Two target zones identified:
- First target: ~$1.20-1.30 (Wave 3)
- Second target: ~$1.30-1.50 (Wave 5)
Trading Setup:
- Entry zone: $0.75-0.78
- Stop loss: Below point (C) around $0.70
- Risk:reward ratio approximately 1:3 for first target
Key Points:
- Bullish divergence forming at current levels
- Price testing ascending trendline support
- Wave structure suggests start of new impulsive wave up
Caution:
- Wait for confirmation of reversal with price action
- Consider position sizing due to crypto market volatility
- Monitor BTC correlation for trade validation
GOLD Reached the support line and still bearish...Gold Technical Analysis
The price is expected to stabilize within the bearish zone, targeting 2603 as long as it trades below 2636. It may attempt a corrective move towards 2631 or 2636 before resuming a downward trend to break 2623 and reach 2603.
A 1-hour candle closing below 2623 will further strengthen the bearish momentum towards 2603.
Key Levels
Pivot Point: 2623
Resistance Levels: 2636, 2650, 2665
Support Levels: 2603, 2590, 2585
Trend Outlook
Consolidation: Between 2623 and 2636
Bullish Trend: Above 2636
Bearish Trend: Below 2636 and 2623
previous idea:
Gold Price Analysis: Key Levels and Potential Reversal ZonesFXOPEN:XAUUSD Gold Price Analysis: Key Levels and Potential Reversal Zones
The chart displays the price action of CFDs on Gold (US$/OZ) on a 4-hour timeframe. The chart is annotated with various technical indicators and concepts, including Break of Structure (BOS), Change of Character (ChoCH), Fibonacci retracement levels, and volume profile.
Price Action Analysis:
The chart shows multiple BOS and ChoCH points, indicating shifts in market structure.
The price has recently broken below a significant support level around 2,640.978, suggesting a bearish trend.
Smart Money Concepts (SMC):
BOS and ChoCH annotations highlight key areas where institutional traders might have entered or exited positions.
The recent BOS at 2,640.978 suggests a potential continuation of the downtrend.
ICT Elliott Wave Analysis:
The chart shows potential Elliott Wave patterns with corrective waves forming within the highlighted Fibonacci retracement zones.
The 0.382 (2,659.5136) and 0.786 (2,594.0628) Fibonacci levels are key areas to watch for potential reversals.
Volume Profile:
The volume profile on the right side of the chart indicates high trading activity around 2,726.130 and 2,601.810, which can act as resistance and support levels, respectively.
Indicators:
The MACD histogram at the bottom shows a mix of red and green bars, indicating fluctuating momentum.
Buy Strategy:
Entry: 2,601.810 (near the support level and high volume area)
TP1: 2,640.978 (previous support turned resistance)
TP2: 2,659.5136 (0.382 Fibonacci level)
SL: 2,582.264 (below the support level)
Sell Strategy:
Entry: 2,640.978 (previous support turned resistance)
TP1: 2,601.810 (support level and high volume area)
TP2: 2,594.0628 (0.786 Fibonacci level)
SL: 2,659.5136 (above the 0.382 Fibonacci level)
Follow @Alexgoldhunter for more strategic ideas and minds
This detailed analysis incorporates various trading strategies, including Price Action, Smart Money Concepts (SMC), and ICT Elliott Wave strategies, to formulate comprehensive buy and sell strategies. The indicators displayed on the chart, such as Fibonacci retracement levels, volume profile, and MACD, support the analysis and identify key levels for entry, take profit, and stop loss.
US30 / Bullish Confirmation toward 43210US30 / Technical Analysis
The price will try to touch 43200 while above 42770, so has a bullish momentum from 42770.
Bearish Confirmation will be activated by the stability of the price below 42580
Key Levels:
Pivot Point: 42920
Resistance Levels: 43210, 43350, 43650
Support Levels: 42770, 42580, 42390
Trend Outlook:
Bullish Momentum while above 42910
Bearish Momentum by stability below 42770
NVDA - NVIDIANVIDIA Corp engages in the design and manufacture of computer graphics processors, chipsets, and related multimedia software. It operates through the following segments: Graphics Processing Unit (GPU), Tegra Processor, and All Other. The GPU segment comprises of product brands, which aims specialized markets including GeForce for gamers; Quadro for designers; Tesla and DGX for AI data scientists and big data researchers; and GRID for cloud-based visual computing users. The Tegra Processor segment integrates an entire computer onto a single chip, and incorporates GPUs and multi-core CPUs to drive supercomputing for autonomous robots, drones, and cars, as well as for consoles and mobile gaming and entertainment devices. The All Other segment refers to the stock-based compensation expense, corporate infrastructure and support costs, acquisition-related costs, legal settlement costs, and other non-recurring charges. The company was founded by Jen Hsun Huang, Chris A. Malachowsky, and Curtis R. Priem in January 1993 and is headquartered in Santa Clara, CA.
ALANSCOTT BO & wait for retestThe stock provided a breakout and is currently encountering some supply at its all-time high.
It would be wise to let it absorb this supply and wait for a retest before considering entry.
For a successful SL hit, we should ideally see a strong 1week candle on our chart—it’s crucial to use that timeframe.
Following the breakdown, the ideal exit point would be after a consecutive candle that breaks below the breakdown candle
As always, remember to do your own research before making any investment decisions!
XAUUSD - Gold is waiting for an important week!!In the 4-hour timeframe, gold is above the EMA200 and EMA50 and is in its short-term descending channel. The continued rise of gold towards the supply zones will provide a position to sell it with a suitable risk reward.
The year 2024 turned out to be unprecedented for the global gold market. This precious metal witnessed a remarkable growth of nearly 30%, outperforming all other commodities and emerging as one of the most prominent financial assets of the year. Such exceptional performance has continued to gain the trust of analysts and professionals in the gold and jewelry industry, drawing the attention of many traders to this market.
Despite forecasts suggesting that gold prices could surpass $3,000 per ounce in 2025, the beginning of 2024 told a different story. Spot gold prices started the year at around $2,000 but fell to $1,992 by mid-February. However, Valentine’s Day marked a turning point, as gold rebounded strongly, climbing back above $2,000 and successfully maintaining this critical level.
A significant market milestone occurred at the end of February. In just two days, gold prices surged by over $60, and on the first trading day of March, the metal broke past the $2,100 threshold, setting a new record. After a period of price consolidation at higher levels, gold resumed its upward trend in the final days of the month, surpassing $2,200. By mid-April, gold approached the $2,400 mark. However, traders were not yet prepared to accept these levels, and by the end of April, spot gold prices had retreated below $2,300.
May saw renewed optimism in the precious metals market. On May 16, spot gold decisively broke through the $2,400 resistance level. Nonetheless, after reaching a peak of $2,426, prices entered the longest consolidation phase of 2024.
Finally, on June 10, gold once again broke the $2,400 resistance and managed to establish it as a support level. From that point onward, gold embarked on one of its most stable upward trends of the year, which continued through late summer and early autumn. On October 30, gold prices hit a new record of $2,788.54 per ounce.
However, the election of Donald Trump on November 5, 2024 (15th of Aban 1403), interrupted gold’s rally. Spot gold, which had reached $2,743 on November 4, dropped within 10 days to the $2,560 range.
Nevertheless, gold quickly found new support. The president-elect’s threats of tariffs and trade wars, combined with renewed inflationary concerns, pushed gold prices back above $2,700. Although the metal did not return to its October highs, it maintained strong support at $2,600 for the remainder of the year, preventing further declines.
Meanwhile, Goldman Sachs revised its forecast for gold prices, stating that the metal would not reach $3,000 in 2025. However, the bank remains optimistic that gold prices will continue to rise, albeit at a slower pace than before.
Is PYTHUSDT About to Explode or Break Down?Yello, Paradisers! PYTHUSDT is shaping up nicely after forming a W pattern at a key supportive trendline. But the real question is—will the price hold and push upward, or is a breakdown lurking just around the corner? Let’s break down the critical levels and scenarios you need to watch closely.
💎If PYTHUSDT breaks above the resistance level and closes a candle above it, the odds of a bullish move increase significantly. This breakout would confirm the W pattern, signaling potential upside momentum.
💎There's still a risk that PYTHUSDT could retrace further before any bullish breakout happens. If the price drops lower, it could be a liquidity grab (inducement) to shake out weaker hands before bouncing from the strong support zone.
💎In that case, it’s better to wait for the retracement to play out and then look for a bullish reaction from the strong support zone before taking any action.
💎Now, here’s the worst-case scenario: if PYTHUSDT breaks below the strong support zone and closes a candle beneath it, the bullish structure will be completely invalidated.
💎In this case, it’s better to stay patient and wait for a clearer price structure to form before re-entering any positions. Never chase the trade—we wait for the highest probability setups to align.
🎖 Remember, patience is key in trading! The market will always provide opportunities, but it’s the disciplined traders who capitalize on them. Stay focused on key levels, wait for confirmations, and don’t get caught by false moves.
MyCryptoParadise
iFeel the success🌴
GMTUSDT: Breakout or Pullback? Long Position Ready to LaunchHey, traders! 🐂
Today, BINANCE:GMTUSDT is in the spotlight. The price is holding at 0.16123 USDT , and the chart is forming an ascending triangle — one of the most popular bullish patterns. Resistance at 0.16425 USDT has been tested multiple times, but bears are still holding the line. Will it break through, or should we expect a pullback?
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🔑 Key Levels:
Support:
0.16330 USDT – the nearest point for a retest.
0.16000 USDT – the main line of defense for buyers.
Resistance:
0.16425 USDT – the current zone that needs to be breached.
0.16643 USDT – the first target after a breakout.
0.16986 USDT – the final target for the long position.
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🚩 Trading Strategy:
Entry Point:
- Consider going long after a confident breakout above 0.16425 USDT , confirmed by volume.
Stop-Loss:
- Place your stop below 0.16100 USDT to minimize risks.
Take-Profit Targets:
0.16643 USDT – the first target where partial profits can be taken.
0.16986 USDT – the final target if the momentum continues.
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📈 Technical Analysis:
The ascending triangle signals growing strength among buyers.
Volume is increasing near the resistance zone, confirming bullish activity.
A retest of 0.16425 USDT before the breakout presents an excellent entry opportunity.
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💡 What to Expect?
If the 0.16425 USDT level is broken, we have every chance of seeing a strong upward move. However, if bears maintain their resistance, a pullback to support at 0.16000 USDT is likely. What’s your take? Share your ideas — collective wisdom always wins! 🚀
Bitcoin - Will Bitcoin return to above $100,000?!Bitcoin is above the EMA50 and EMA200 in the four-hour time frame and is trading in its ascending channel. Capital withdrawals from Bitcoin ETFs or risk off sentiment in the US stock market will pave the way for Bitcoin to decline. One can look for Bitcoin sell positions in the supply zone.
Bitcoin's downward correction and its placement in the demand zone will allow us to buy it. It should be noted that there is a possibility of heavy fluctuations and shadows due to the movement of whales in the market and compliance with capital management in the cryptocurrency market will be more important.
In 2025, key narratives in the cryptocurrency market are expected to include asset tokenization, artificial intelligence, and Bitcoin as a reserve asset. Experts also predict that meme coins might become a major trend, while maintaining caution regarding Solana and Ripple ETFs.
In 2024, the crypto market experienced increased adoption and institutional investment. Experts anticipate significant trends in 2025 as the market matures and Bitcoin’s upward trajectory continues.
ETF providers are exploring more innovative and potentially riskier ways to attract investors to cryptocurrencies. New applications submitted to the U.S. Securities and Exchange Commission (SEC) include ETFs converting S&P500 returns into Bitcoin and funds investing in convertible bonds to purchase Bitcoin.
Additionally, Volatility Shares aims to launch inverse and leveraged Solana funds.If approved, more than ten new cryptocurrency-related funds could become available to investors in 2025.
Reports indicate that the Bitcoin network settled over $19 trillion in transactions in 2024, more than double the $8.7 trillion settled in 2023.
At the height of the 2021 bull market, Bitcoin’s transaction volume reached approximately $47 trillion. However, this volume significantly declined in 2022 and 2023. Nevertheless, in 2024, Bitcoin’s network reestablished itself as a store of value and medium of exchange with over $19 trillion settled.
Robert Kiyosaki, author of the best-selling book Rich Dad, Poor Dad, has predicted Bitcoin’s price to range between $175,000 and $350,000 in 2025. A strong advocate of Bitcoin, Kiyosaki believes the cryptocurrency can serve as a hedge against global economic volatility.
According to data from SaylorTracker, MicroStrategy currently holds 446,400 Bitcoin worth approximately $43.7 billion. Michael Saylor, co-founder of MicroStrategy, shared a Bitcoin chart from SaylorTracker on January 5, hinting at potential Monday purchases. He tweeted, “Something on SaylorTracker.com doesn’t seem right.”
The previous week, on December 29, Saylor shared a similar chart, and on December 30, MicroStrategy purchased 2,138 Bitcoin at an average price of $97,837 per unit. These purchases are part of the company’s 21/21 program, which aims to acquire $42 billion worth of Bitcoin through $21 billion in stock issuance and $21 billion in fixed-income securities.
MicroStrategy’s inclusion in the Nasdaq Index on December 23, 2024, provided traditional stock investors indirect exposure to Bitcoin through ETFs. Following its inclusion, the company held a special shareholder meeting to secure approval for increasing funds to buy more Bitcoin.
According to a December 23 filing with the SEC, MicroStrategy has requested shareholder approval to increase its Class A common stock from 330 million to 10.3 billion shares.