Wave Analysis
GLM / USDT : Breaking out from Trendline resistance GLM/USDT: Breaking Out from Trendline Resistance – A Bullish Move Incoming?
GLM/USDT is making a strong move 📈 as it successfully breaks above a key trendline resistance zone 📊. After a period of tight consolidation, the breakout signals a potential bullish rally 💥. If the momentum sustains, we could see further upside in the coming days 🚀. Keep an eye on this pair and watch for confirmation signals before entering a trade.
Key Insights:
1️⃣ Trendline Breakout: GLM/USDT has finally broken above a long-standing trendline resistance, a key bullish signal. If this breakout holds, it could lead to a strong upward trend.
2️⃣ Volume Surge: A noticeable increase in trading volume is supporting this breakout, confirming strong buyer interest 🔥.
3️⃣ Bullish Indicators: RSI and MACD are showing strength ⚡, indicating bullish momentum could continue.
How to Confirm the Breakout:
✅ Look for a 4H or daily candle closing above the trendline for confirmation.
✅ A spike in volume during the breakout can signal strong buying pressure 📊.
✅ A successful retest of the broken resistance as new support adds further confidence.
⚠️ Be cautious of fake breakouts—watch for sharp reversals or wicks above the trendline.
Risk Management Strategies:
🔒 Use stop-loss orders to manage risk.
🎯 Ensure proper position sizing to align with your overall strategy.
This analysis is for educational purposes only and not financial advice. Always DYOR before making any trading decisions 🔍.
Oust (Long)I am bullish on Oust, which I believe that the chart analysis clearly state the technical analysis behind my sentiment. The target is between 26-33 USD. Oust is planning to release Q4 earnings on March 18th, which is also expected to be a good report given the fact that they announced in Q3 the signing of "the largest order" in their history without naming the client or the value of the contract. In my opinion Fundamental analysis is a safety net for the technical analysis, which seems to align quiet well with the technical analysis provided.
ETH/BTCETH/BTC showing seller exhaustion on this most recent capitulation and is at the PCZ of a bullish informal M-shape harmonic structure.
This looks like an easy to manage risk area, further confirmation would be preferred but this chart generally acts like more of an oscillator than a traded asset.
Trade with care. : )
BITCOIN ($BTC) DIPS TO $82K—FEAR OR FORTUNE?BITCOIN ( CRYPTOCAP:BTC ) DIPS TO GETTEX:82K —FEAR OR FORTUNE?
(1/9)
Good Morning, TradingView! Bitcoin ( CRYPTOCAP:BTC ) slumped to $ 82,000, lowest since Nov ‘24 💰 Market’s glum, let’s unpack this crypto dip! 🌐
(2/9) – PRICE SLIDE
• Drop: $ 82K, 20% off $ 109K high 📊
• Month: Altcoins down 30%+ 💧
• Fear Index: 10/100, rock bottom 😟
CRYPTOCAP:BTC ’s shivering, gloom’s thick!
(3/9) – TECH TELL
• 200-Day MA: $ 81,500, support holds 🌟
• RSI: 28, oversold, bounce hint 🚀
• Past: Aug ‘24 $ 49K to $ 100K 📈
CRYPTOCAP:BTC ’s teetering, rebound or rubble?
(4/9) – MARKET MOOD
• Fear: Lowest since FTX ‘22, $ 16K 🌍
• History: Extreme fear sparks rallies 🌞
• Outflows: $ 1B from ETFs, trade woes 💼
CRYPTOCAP:BTC ’s testing, panic or patience?
(5/9) – RISKS IN PLAY
• Trump: Tariff talk, no crypto juice ⚠️
• Volatility: Bear turn stings 🐻
• Stablecoins: Inflows, sideline cash 🔒
CRYPTOCAP:BTC ’s wobbly, can it dodge the funk?
(6/9) – SWOT: STRENGTHS
• Base: $ 82K holds, tough nut 💪
• Past: Fear flips to gold, $ 100K+ 🏋️
• Liquidity: Central banks ease 🌿
CRYPTOCAP:BTC ’s gritty, battle-tested!
(7/9) – SWOT: WEAKNESSES & OPPORTUNITIES
• Weaknesses: Sentiment sinks 😕
• Opportunities: Fear buys, rate cuts 🌏
Can CRYPTOCAP:BTC vault past the blues?
(8/9) – CRYPTOCAP:BTC ’s $ 82K dip, what’s your take?
1️⃣ Bullish, $ 100K rebound soon 😎
2️⃣ Neutral, Holds, risks linger 🤷
3️⃣ Bearish, $ 70K slide looms 😞
Vote below! 🗳️👇
(9/9) – FINAL TAKEAWAY
CRYPTOCAP:BTC ’s $ 82K slump spooks, fear at 10 🪙 $ 1B ETF outflows sting, but history hints bounce, gem or gloom?
SOL/USDT – Double Zigzag Completed! Is a Bullish Reversal Next?Solana (SOL) has likely completed a Double Zigzag (WXY) correction, with Wave C of Y bottoming at $130.60 (1.0 Fibonacci extension). This suggests a potential trend reversal, but SOL must first break key resistance at $146-$150 to confirm a bullish move.
🔹 Elliott Wave Analysis & Bullish Scenario
If the Double Zigzag correction is complete, SOL could begin a new impulse wave, targeting:
✅ $169-$173 (0.5 Fibonacci retracement, previous Wave B resistance)
✅ $180-$195 (0.382 Fib & major supply zone)
✅ $220+ (Wave 3 extension target)
🔻 Bearish Scenario – Extended Correction?
If SOL fails to break $150, it could indicate that the correction is not yet over, leading to:
❌ Retesting $130 support
❌ Possible extended correction towards $113-$100 (1.272 Fib extension)
📌 Key Level to Watch:
🔹 A break & close above $150 signals bullish continuation.
🔹 A rejection could mean further downside.
📊 Is SOL ready for a breakout, or will we see another leg down? Share your thoughts below! 👇🔥
Blokusdt buy opportunityBLOKUSDT presents a compelling buying opportunity as the price has completed a full pullback to the top trendline of the wedge formation. We anticipate a reversal at this point, leading to a potential rally. Our focus is on achieving the mid-term target as indicated in the analysis. This setup suggests a strong potential for upward movement, and we should consider this opportunity while applying appropriate risk management strategies.
AudJpy formed rising wedge pattern!Looking for Impulse Down.
AudJpy formed rising wedge pattern as continuation pattern and AJ should continue fall to the deep. Make sure you have your own rules on RR and follow them. This is just a trading idea to help you gain better knowledge. If you have any question ask me in comments.
Learn & Earn!
Wave Trader Pro
DXY Is Going Up! Long!
Please, check our technical outlook for DXY.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 106.184.
Considering the today's price action, probabilities will be high to see a movement to 107.245.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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USOIL Will Grow! Buy!
Here is our detailed technical review for USOIL.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 69.17.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 75.12 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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USDJPY Will Go Higher From Support! Long!
Take a look at our analysis for USDJPY.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 149.879.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 153.459 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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GBPUSD Will Go Up From Support! Buy!
Please, check our technical outlook for GBPUSD.
Time Frame: 2h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 1.267.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 1.272 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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NASDAQ ENTRY ON THE FLOOR?! 4H chart Sep-Feb 27.2.25Simple up-trend with a recent confirmation of support.
September24 to Feb 25 is consistent and predictable with an average 7 to 11% rise from the support within a time frame of up to 6 weeks.
If the price closes a 4h candle below the line (20,850) - Up-trend will be broken, as long as the price keeps above, aiming for $800-$1500 swing trade up can be very profitable.
Make logical, consistent decisions based on an overall plan with risk management as top priority.