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Trendlineanalysis

Dow Jones - Value Is The King Of 2025!Dow Jones ( TVC:DJI ) withstands all bearish struggles: Click chart above to see the detailed analysis👆🏻 All major U.S. indices have been weakening lately but the Dow Jones is clearly the strongest of all. It seems like big institutions are shifting back to value stocks and therefore the Dow Jones remains very strong. Looking at technicals, this trend is rather likely to continue during 2025. Levels to watch: $40.000, $50.000 Keep your long term vision, Philip (BasicTrading)
TVC:DJILong
by basictradingtv
8
Amd - The One And Only Setup For 2025!Amd ( NASDAQ:AMD ) shifts to a very bullish market: Click chart above to see the detailed analysis👆🏻 Perfectly following previous cycles, Amd corrected about -60% over the past couple of months. However now we are seeing some first bullish signs at a major confluence of support. If we actually also witness bullish confirmation, an incredible rally of about +200% could follow. Levels to watch: $100, $300 Keep your long term vision, Philip (BasicTrading)
NASDAQ:AMDLong
by basictradingtv
16
Bitcoin - This Is Just Unbelievable!Bitcoin ( CRYPTO:BTCUSD ) is not dropping at all: Click chart above to see the detailed analysis👆🏻 After we have been seeing one of the craziest weekly drops which I have experienced in my entire trading history, all major cryptos and especially Bitcoin are strongly holding their levels. Since bullish strength continues quite often, I do expect new all time highs on Bitcoin soon. Levels to watch: $70.000, $300.000 Keep your long term vision, Philip (BasicTrading)
CRYPTO:BTCUSDLong
by basictradingtv
1
Microsoft - A Little Lower And Much Higher!Microsoft ( NASDAQ:MSFT ) is about to retest strong support: Click chart above to see the detailed analysis👆🏻 In mid 2024 Microsoft perfectly retested the previous channel resistance trendline and the recent weakness has not been unexpected at all. However the overall trend still remains rather bullish and if Microsoft retests the previous all time high, a significant move will most likely follow. Levels to watch: $350 Keep your long term vision! Philip (BasicTrading)
NASDAQ:MSFTLong
by basictradingtv
4
Google - Fantastic Bullish Break And Retest!Google ( NASDAQ:GOOGL ) just looks amazing: Click chart above to see the detailed analysis👆🏻 For more than a decade, Google has been trading in a rising channel formation, perfectly respecting all market structure. Now, Google is about to retest the previous all time high once again and with a sharp correction of about -25%, this offers a significant bullish reversal setup. Levels to watch: $150 Keep your long term vision, Philip (BasicTrading)
NASDAQ:GOOGLLong
by basictradingtv
13
Bitcoin Squeeze Point – Breakout or Breakdown?Bitcoin is approaching a key inflection zone where the Daily Downtrend Resistance and the Monthly Uptrend Support intersect. This confluence could be setting the stage for a major breakout or breakdown, and the next move could define BTC’s medium-term trend. 🧠 Key Levels to Watch: Daily Downtrend Resistance (Red) – Price is testing this descending trendline again. Monthly Uptrend Support (Green) – Strong support held since August 2024. Fibonacci 0.5 Level (~79.3K) – Acting as mid-zone control point. Fibonacci 0.618 Golden Zone (~72K) – Strong historical retracement support. 🟦 Bullish Scenario (Blue Arrow): If BTC breaks above the daily downtrend and holds above the green uptrend line: Possible target: 110K, aligning with the 1.0 Fibonacci extension. Would confirm continuation of the larger bullish trend. 🔻 Bearish Scenario (Not drawn but implied): If BTC breaks down below 79K and the monthly trendline: Eyes on 72K for a potential bounce at the 0.618 Fib level. Below that, potential deeper retracement toward the 65K–60K zone. ⏳ Conclusion: BTC is sitting at a high-confluence zone. This is not the time to chase—wait for confirmation of breakout or breakdown before reacting.
Long
by johnkhawaja
Bitcoin - This Is Just Wonderful!Bitcoin ( CRYPTO:BTCUSD ) creates textbook market stucture: Click chart above to see the detailed analysis👆🏻 The entire stock market is selling off significantly but Bitcoin and most cryptocurrencies are still holding their strong levels. This is clearly a sign of bullish strength and even if we see a retest of the previous all time high, the overall uptrend remains perfectly valid over the next months. Levels to watch: $70.000 Keep your long term vision, Philip (BasicTrading)
CRYPTO:BTCUSDLong
by basictradingtv
16
Ethereum - The Perfect Crypto Trade!Ethereum ( CRYPTO:ETHUSD ) is retesting massive support: Click chart above to see the detailed analysis👆🏻 For the past four years, Ethereum has overall been trading sideways with significant swings towards the upside and downside. As we are speaking, Ethereum is retesting a significant confluence of support and if the bullrun actually continues, Ethereum will rally parabolically. Levels to watch: $2.000, $4.000 Keep your long term vision, Philip (BasicTrading)
CRYPTO:ETHUSDLong
by basictradingtv
8
Bitcoin - Please Just Listen To The Charts!Bitcoin ( CRYPTO:BTCUSD ) remains in a bullish market: Click chart above to see the detailed analysis👆🏻 Despite literally everybody freaking out about cryptos lately, big brother Bitcoin is still creating bullish market structure. During every past cycle we witnessed a correction of at least -20% before we then saw a parabolic rally. So far, Bitcoin is just doing its normal "volatility thing". Levels to watch: 70.000, $300.000 Keep your long term vision, Philip (BasicTrading)
CRYPTO:BTCUSDLong
by basictradingtv
36
S&P500 - Donald Trump Is Crashing Markets!S&P500 ( TVC:SPX ) is starting a correction: Click chart above to see the detailed analysis👆🏻 Since Donald Trump was elected the markets have been super volatile and clearly not too easy to trade. But now it seems like bears are slowly taking over the entire U.S. stock market after we just saw a drop of -10% within a couple of days and a correction becomes more and more likely. Levels to watch: $6.100, $4.800 Keep your long term vision, Philip (BasicTrading)
TVC:SPXShort
by basictradingtv
26
BTCUSD 2H | Breakout Flow + BOS Confirmation – CelestiaPipsBTC is slowly developing a breakout structure on the 2H timeframe . Multiple bullish BOS points and a solid NY session demand base formed. Price is currently retesting the breakout zone after sweeping short-term liquidity. If price holds this zone, we could see continuation toward 88,900. I’ve mapped out the entire flow – BOS, entry zone, and final target. Watch how price reacts from this level. — Shared by CelestiaPip
BITSTAMP:BTCUSDLong
by CelestiaPips
META to $740 - Chance for Strong BounceNASDAQ:META Meta has hit the trend line from November 2022 after a price loss of 20% and has shown with a first small bounce that it is still relevant. At the same time, the SMA200 is also at the same point. Last but not least, the 0.238 Fib is also located in this area (from the entire upward movement from November 2022). Technically, we can therefore definitely expect a bounce that could take us to the previous ATH at $739. Fundamentally, Meta is also not overvalued due to its strong growth. As with many of the Mag7s, there are still problems with the AI strategy, which does not appear to be well thought out in either monetary or structural terms. However, Meta is a good candidate for actual efficiency gains due to its affiliation with the advertising market. However, the general growth is already reason enough to buy. Support Zones $580.00 $541.00 Target Zones $740.00
NASDAQ:METALong
by LGNDRY-Capital
2
Micron Technology - Fully Resisting The Stock Market Crash!Micron Technology ( NASDAQ:MU ) is one of the few bullish stocks: Click chart above to see the detailed analysis👆🏻 Despite the stock market kind of "crashing" lately, Micron Technology is one of the few stocks which remains in a rather bullish environment. Following the uptrend, the bullish break and retest and the beautiful cycles on Micron Technology, this strength will soon become reality. Levels to watch: $90, $180 Keep your long term vision, Philip (BasicTrading)
NASDAQ:MULong
by basictradingtv
19
How to Draw Trendlines Like a Pro – Rulers Out, Rules In!Hi everyone! If you don’t have any rules for drawing a trendline, then this is by far the most subjective technical analysis criterion of all. So, grab your ruler, and let’s dive in! ;) Without clear guidelines, you can draw it however you want, shaping the narrative to fit your bias. This makes it the perfect tool to talk yourself into a trade or justify staying in a bad one—there’s always a new “support” coming… If you don't have rules, you can always find some dots to connect, making it look "perfect" for you. In this post, I'll discuss buying opportunities using trendlines, share key rules for drawing them correctly, and highlight common mistakes to avoid - all with a focus on mid- and long-term investment opportunities. ------------------------- The Basics: How to Draw a Trendline The trendline is a highly effective tool for mid- and long-term investors to find an optimal buying zone for their chosen asset. I always take a full view of the chart, analyzing its entire history to find the longest trendline available. The longer the trendline, the stronger it is! To draw a trendline, we simply connect two points and wait for the third touch to confirm it. Easy, right? The strongest trendline comes from points that are easily recognizable—you should spot them in a split second. Maximum view, if possible Monthly chart, connect the dots and wait for a third one. For me, the third and fourth touches are the most reliable. If you have to look deeply to find where to draw a trendline, then it's already a first sign that it’s not strong! The best ones appear instantly. --------------------------- Two Myths About Trendlines Myth #1: "You cannot draw a trendline without three touching points." Don’t even remember from where I heard that kind of bs but as you see in the images above, yeah I can. If I have a correct lineup, the third touch is the strongest. Myth #2: "The more touches, the stronger the trendline." Yes, a trend appears stronger with more touches, but each additional touch increases the odds of a break or trend change. To buy from, let’s say, the sixth touch, there must be strong confluence factors, and fundamentals should support the investment. “The trend is your friend, until the end when it bends.” — Ed Seykota Sure, I’ve had great trades from the fifth or seventh touch, but as said, the area has to be strong, combining multiple criteria. Think of a trendline like 3-5 cm thick ice on a lake. You can’t break it with one hit, or the second, or the third. But after the fourth or fifth, it starts to crack, and by the sixth—boom! From my psychological perspective, the more touches, the weaker the trendline becomes. ----------------------- Rule #1: Wick to Wick or Body to Body If there aren't any anomalies, the trendline should always be drawn from wick to wick (image below) or body to body. Here was the trendline draw from wick to wick I mostly use body-to-body when there is a lot of noise on the chart and many large wicks that don’t show the real price behavior—whether from a panic sell-off or other unexpected market moves. Candlestick chart, the trendline drawn from body-to-body Tip! Body-to-body means drawing trendlines from closing prices to remove unnecessary noise from the chart. To make the chart even clearer, I often use a line chart (it tracks closing prices), which filters out the noise and gives a cleaner view of the price action. The same chart as above using line chart. Mistake to avoid: If you start from the wick but the second point is from the body, it's wrong. This can lead to misleading breakout trades or confusing rejection trades. If there are no significant large wicks, go from wicks. If a chart offers a lot of huge panic-sell wicks, use bodies instead to get a cleaner setup. Quite often, I use a hybrid version as well. We are investors, not traders. We need a price zone, not an exact price! In these cases, I combine wicks and closing prices to find the optimal trendline, which stays somewhere between them. Light-blue is the zone ----------------------- Rule #2: Higher Highs Strengthen the Trendline A trendline is more reliable if the price makes a new higher high (HH) after the previous rejection, and before it approaches a trendline. The third and fourth touch came from higher high (HH) levels This confirms that the recent trend is strong. If it all lines up, we can step in! ----------------------- Rule #3: Even Timing Between Touches A trendline rejection works best when the timing between touches is symmetrical. They don’t have to be perfectly equal but they also shouldn’t be wildly different - one touch being very small and another very large can weaken the trendline’s reliability. A good combinations is when the price comes from higher high levels, the next touch has an equal or fairly similar distance between previous ones. Yeah, there are quite a lot of touches, but you get the point; market symmetry plays an important role in making decisions. Warning: If the next touch comes too soon, especially from a lower high (LH) levels, which signals that momentum may be fading, and the touch happens at an uneven distance, it weakens the trendline’s reliability. So, watch out for that. Two alerts: uneven length between touches & comes from lower highs. Next red alert: When there are huge uneven gaps between touches, as shown in the picture below. The first and second touch compared to the second and third touch are out of balance, weakening the trendline's reliability. ------------------------ Trendline Summary: Key Criteria for Mid- to Long-Term Analysis Open the maximum chart view – analyze all available data for the asset. The higher the timeframe, the stronger the trendline. A trendline needs two clean and clear points to be drawn. The highest probability rejection happens at the third and fourth touch. If there are large wicks or panic sell-offs, use closing prices (body-to-body). Remove noise and wicks by using a line chart for a clearer view. A trendline touch is strongest when the price approaches from a higher high (HH). A trendline touch is strongest when the distance between touches is symmetrical. A slight flex in the trendline is ideal; it should be between 20 to 35 degrees, not too steep in its climb. ;) These are the main criteria for a trendline that I use when analyzing stocks or any asset from a mid-to long-term perspective. ---------------------- Trendlines Alone Are Not Enough Now, here’s the interesting part. Even if a trendline looks perfect and meets all criteria, I still won’t rush to share an analysis. Why? Because a trendline alone isn’t enough. A trendline is just one piece of the puzzle. We need multiple confluence factors in a single price zone to make the setup truly strong and reliable. Usually, I need at least 3-7 criteria to align before making a move or recommendation. So, that's it! A brief overview and hopefully, you found this informative. Feel free to leave a comment with your thoughts! Before you leave - Like & Boost if you find this useful! 🚀 Trade smart, Vaido
NASDAQ:TSLAEducation
by VaidoVeek
44
GOOGL ON SUPPORT: 23% BOUNCE IMMINENTNASDAQ:GOOGL GOOGL has consolidated significantly over the last few weeks and, like the NASDAQ, has also taken a beating. Due to the now attractive valuation, the continued stable growth and earnings growth, GOOGL is still a good investment. Technically, we have reached a trend line and a weaker horizontal support with a further support area at around USD 150. We are already seeing the first RSI divergence. The Bollinger Bands (not shown in the chart, otherwise it would be confusing) are also far overstretched and make a bounce likely. There is also an open gap at $192 - $203. I would open about 50% of the actual trading position now and the rest when the price falls into the green box, which I still consider to be a possible consolidation area. If the price turns immediately, we are still in with half. Target Zones: $192.00 $205.00 Support Zones: $165.00 $150.00
NASDAQ:GOOGLLong
by LGNDRY-Capital
2
DOGE Holding Trendline Support – Another Rally Incoming?$DOGE/USDT is currently holding support at the rising trendline, which has historically led to strong upward moves. Every time the Stochastic RSI formed a bullish crossover near this trendline, the price experienced a significant bullish rally. The Stoch RSI is currently in the oversold zone, similar to previous points where major uptrends started. If history repeats, DOGE could be gearing up for another strong move. DYOR, NFA
Long
by unichartz
6