


Chart Overview: Asset: BTC/USDT (Bitcoin) Chart Type: Candlestick Timeframe: Likely intraday (short-term, possibly 15m or 1h) Indicators/Tools Used: Trendlines Support/Resistance levels Pattern formation (possible descending triangle) --- Technical Analysis: 🔻 Bearish Bias (Sell Signal): Pattern: A descending triangle pattern is visible—typically a...
USD/JPY Technical Analysis (30-Min Chart) Current Price: 145.157 Chart Pattern: The chart shows a bearish structure forming after a sharp drop from the recent high near 147.9. The price is currently consolidating below a resistance zone. Key Resistance Zone: ~145.70 – 146.00 (highlighted by the orange box) Support Zone: ~144.30 (target area) Bearish...
🔍 Key Observations: 1. Resistance Zone (106,500–107,000): Price is testing a strong horizontal resistance area, marked by the green rectangle. This zone has acted as resistance multiple times (highlighted with orange circles), suggesting supply pressure. 2. Triple Top Formation: The three orange circles mark failed breakout attempts at the resistance level,...
🔍 1. Trend Analysis Past Trend: From June 10 to around June 14, the price was in a strong uptrend, moving within an ascending channel (highlighted in red and blue). After mid-June, the trend reversed into a downtrend within a descending channel (also shown in blue). Current Position: Price is now breaking out of the descending channel, potentially signaling...
📊 Technical Analysis of Gold (XAU/USD) – 30-Min Chart Chart Context: Timeframe: 30-minute Instrument: CFDs on Gold (USD/OZ) Current Price: $3,386.282 Price Change: +14.757 (+0.44%) Date: June 23, 2025 --- 🔍 Key Observations: 1. Descending Triangle Formation The chart shows a descending triangle, characterized by: A flat support zone around the...
🟡 Key Observations & Technical Elements 1. Price Structure The price has been range-bound within a rectangular blue box. The range appears to be roughly between 3,340 and 3,400. There was a previous downtrend indicated by the descending trendline inside the box. 2. Breakout Pattern Price has broken above the descending trendline within the box (bullish...