Get started

Wedge

BONKUSDT: Double Bottom Reversal or Breakdown Ahead?Yello, Paradisers! Are you watching BONKUSDT right now? Because what happens next at this critical support zone could either set up a massive bullish reversal or bring another wave of panic selling that traps impatient buyers. Let’s break down why this setup demands your full attention. 💎Right now, BONKUSDT is showing a healthy retracement after its recent moves, and the formation of a descending channel suggests a possible double bottom pattern could be in play. But here’s the catch — for this bullish scenario to play out, we need to see confirmation on the lower timeframes. Here’s what we’re watching closely: 💎If BONKUSDT gives us a bullish I-CHoCH (Internal Change of Character) on the lower timeframes within the current support zone, it will significantly increase the chances of a bullish breakout from this descending channel. This would be the first signal that buyers are stepping back in and preparing for a reversal. 💎However, if we see further retracement or even panic selling, don’t worry just yet. There’s a strong support zone below, where we can expect another potential bounce. But once again, we need bullish confirmation through an I-CHoCH in the lower timeframes to increase our probability of success. Without that confirmation, it’s best to stay cautious. 💎If BONKUSDT breaks down and closes a candle below the strong support zone, then our entire bullish idea gets invalidated. In this scenario, it’s better to stand aside and wait for a more reliable structure to form. No need to force trades — discipline beats FOMO every time. 💎It all comes down to patience and waiting for the right signals to line up. The lower timeframes hold the key, and as always, we must follow the price action, not get caught in emotions. Stay focused, Paradisers. Let the market show you the way — it’s all about timing and strategy. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
16
Bitcoin can enter to seller zone and then start to declineHello traders, I want share with you my opinion about Bitcoin. Observing the chart, we can see how the price some time traded near the support level, which coincided with the buyer zone and then rebounded up, after which it started to trades inside the pennant. In pennant, price at once rebounded from the resistance line and dropped to the support line, but soon BTC turned around and made impulse up. Price rose back, after which made a correction to the buyer zone and then continued to grow. Later, BTC reached the resistance line of the pennant, breaking it, exiting from the pennant pattern, and soon breaking the resistance level, which coincided with the seller zone. Next, the price reached new ATH (108K) and then made impulse down inside the wedge, to support line, breaking the 96500 level. But soon, the price turned around and bounced up, so, after this BTC some time traded between support level until it later dropped to the support line of the wedge again and then started to grow. Bitcoin rose to the resistance line of the wedge, breaking the 96500 level, and then corrected the support line of the wedge, where it made a strong impulse up to the resistance level, thereby exiting from the wedge pattern. Now, I think that price can enter to seller zone and then start to decline. For this case, I set my TP at 101K points. Please share this idea with your friends and click Boost 🚀
Short
by LegionQ8
5
ETH will shock everybodyWhen you are in the markets for a longer time you can see the mistakes people make over and over again. To break it down: So Trump tweeted his meme coin and now Solana is pumping and ETH is dropping. So people invested in ETH are getting unsure because look at the strong green candles of SOL and ETH looks like it's sliding away. So now people are chasing SOL and suddenly ETH is nothing worth anymore. Well that's the receipe to get REKT and loose it all. Fundamentally how can ETH be worth nothing? They have +20 year experience and grow organically to the level it's now. ETH is integrated with almost all platforms. ETH is always the leading altcoin to start altseason is will now also. Technically just because ETH is making some red candles doesn't mean it's a weak coin. Actually the opposite, while SOL is pumping just because of a hype that's never good and will fallback to the real price. ETH is consolidating in a nice wedge and will breakout heavy in the coming weeks. Then altseason is started don't miss the boat.
CRYPTO:ETHUSDLong
by FX-Diaries
3
SOLANA to challenge ETH Marketcap. Can it Flip?In the previous cycle, Solana struggled to compete with Ethereum's market cap. Even if you were to subtract Solana's market cap from Ethereum's peak, you'd still find yourself with a surplus of half a billion dollars. However, the situation has changed, as Solana is now less than three times away from surpassing Ethereum, and it's gaining value at a quicker rate. Without a doubt, the quicker horse. Examining the charts reveals two significant patterns currently at play. Notably, Solana's Cup and handle pattern has already broken through and successfully retested its breakout point, showcasing its relative strength. In contrast, Ethereum's technical pattern has yet to initiate a breakout. If both patterns achieve their full potential, it’s possible that Solana could indeed surpass Ethereum. There’s also a scenario where Ethereum may not reach its full target and begins to lose momentum around Target 2, allowing Solana to take the lead and dominate for the remainder of the cycle. I am receptive to all possibilities, including the idea that Ethereum might achieve its full potential not in 2025, but rather in the next cycle or perhaps during a catch-up event at the end of this current cycle. The markets can be unpredictable, particularly in the world of cryptocurrency. However, with Donald Trump's actions, it seems likely that we see a further influx of capital and significant fantastical valuations for many coins during 2025.
CRYPTOCAP:ETHLong
by BallaJi
1
The JSE Top40 Paints a Grim Few Weeks AheadThe JSE Top40 powered above 2 key resistance lines but it quickly reversed course, we call this a false breakout (FBO), such failures usually move violently to the lower side. On the weekly perspective, the share is in week 31 so we are likely going lower than the lower pink support. After the pink support fails, we turn can see the green arrow was lower than the black, from historical cycle perspective, the JSE Top40 will set the shortest yearly cycle if current price does not go lower than the green arrow. This is something I place at a smaller probability, hold on for a bumpy ride. Relief will come at the weekly low which will create gains sufficient for long positions.
JSE:J200Short
by runyamhere
Be careful with TONCOIN !!!The price is within a wedge and also the price is at an important point. If it can break the wedge resistance, the price may go up to 5.7. We just have to wait for the wedge to break. Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
1
Is BCHUSDT Preparing for a Bullish Reversal or a Steeper Drop?Yello, Paradisers! Are you watching BCHUSDT closely? If not, you might be missing out on a critical setup that could define the next big move. Let’s dive in. 💎BCHUSDT has retraced beautifully within a descending channel, a textbook setup that raises the odds of a potential bullish breakout. However, as always, we must be strategic and patient. 💎If BCHUSDT approaches key support zone after triggering inducement and then begins to form a bullish I-CHoCH (internal change of character) on lower timeframes, the probability of an upward move significantly increases. 💎Should the price fail to show any bullish structure and continue to decline, a bounce from the next strong support zone could still be expected. However, the chances of dropping further from that point are relatively low. 💎Panic selling could change the game entirely. If BCHUSDT breaks below the strong support zone and closes a candle beneath it, the bullish thesis is invalidated. In such a scenario, it’s wiser to step back and wait for clearer price action before taking any positions. 🎖 Patience is key, Paradisers! Always wait for the highest probability setups to ensure consistent profitability. Remember, discipline and strategy are what separate the winners from the rest. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
2
BTC Targeting 125-130K : Elliott Wave AnalysisIn the coming months, Bitcoin is likely to reach its next targets—or at least form one more higher peak. Here’s how it might play out: Orange Count (Wave 4 Correction): According to the orange wave count, Bitcoin is in a larger Wave 4 correction of the impulse that began at 49K. This suggests another high is on the way for Wave 5. Recent Price Action (Higher High Above 102.8K): After closing daily above 102.8K, the wick at 89K should be seriously considered a potential Wave 4 bottom. This implies we could now be in the fifth and final impulse wave heading up to a new high. Two main scenarios could unfold: Scenario A (Regular Impulse): If this is a standard impulse, we’ll see a Wave 2 retracement next—typically between the 0.5 and 0.786 Fibonacci levels of the initial move. That puts a possible Wave 2 target between 97K and 92.5K. From there, Wave 3 would likely accelerate toward 125K. This is shown by the red wave in the chart. Scenario B (Ending Diagonal): Wave 5 often appears as an ending diagonal, which can look like a rising wedge or an expanding broadening wedge. If this pattern takes hold, the next high may not exceed 120K by much. Bearish Alternative: There is still a bearish possibility as long as we remain below the previous high. In this case, the recent upward move could be part of a larger flat correction, which would push Bitcoin lower again before eventually reaching a new high. This more negative outcome would be confirmed if prices fall below 92K (the 0.786 retracement of the move up from 89K).
BINANCE:BTCUSDLong
by zakoraio
SYM, setup like TSLAThis chart reminds me of TSLA so much it hurts. A multi month correction forming a massive wedge. Do I care about the fundamentals of this robotic company that serves walmart warehouses? no. Does it fit a narrative that draws attention yes. A bottomed stochastic RSI is noted with a falling BBWP. This chart has 16 attempts at breaking the resistance on the weekly, the time is now. If this does not break here it will fall hugely. The rising bottoms into the contraction noted is bullish. My plan: Small bet, May calls OTM on this breakout attempt I will take the L at 26 closure My PT1=35 PT2=40.7 PT3= golden fib at 55$
NASDAQ:SYMLong
by Apollo_21mil
MSTR - 2 months FALLING WEDGE══════════════════════════════ Since 2014, my markets approach is to spot trading opportunities based solely on the development of CLASSICAL CHART PATTERNS 🤝Let’s learn and grow together 🤝 ══════════════════════════════ Hello Traders ✌ After a careful consideration I came to the conclusion that: - it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment; - since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant; - the information that I think is important is very simple and can easily be understood just by looking at charts; For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart. Thank you all for your support 🔎🔎🔎 ALWAYS REMEMBER "A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist" ═════════════════════════════ ⚠ DISCLAIMER ⚠ Breakout Area, Target, Levels, each line drawn on this chart and any other content represent just The Art Of Charting’s personal opinion and it is posted purely for educational purposes. Therefore it must not be taken as a direct or indirect investing recommendations or advices. Entry Point, Initial Stop Loss and Targets depend on your personal and unique Trading Plan Tactics and Money Management rules, Any action taken upon these information is at your own risk. ═════════════════════════════
NASDAQ:MSTRLong
by TheArtOfCharting