Get started

Ascending Channel

GOLD → Price buyback, local bull characterFX:XAUUSD is in a narrow channel, in consolidation, which complicates intraday movement, but nevertheless traders have a chance for possible growth. There is a lot of important news ahead that may give traders a chance. Despite the strong intraday movement in gold, we can say that the price is standing still in the range of 2600 - 2660. Quite a difficult place for the price due to the huge density of volumes, levels, tails... Traders are refraining from new directional bets ahead of the release of crucial data on ISM Services PMI and JOLTS job openings in the US. After a strong fall the price was bought back and returned to resistance 2648 - 2650, most likely further struggle will be for this area. The falling dollar broke the support line, thus giving an advantage to gold. Gold and the dollar are already starting to feel Trump's power and are reacting to his statements as quickly as they did during the last period of his presidency.... Resistance levels: 2649, 2664, 2674 Support levels: 2632, 2610 Until the price leaves the channel 2600 - 2665, most of the movements will not be very clean (nature of price movement inside consolidation). At the moment the emphasis is on 2649. If the bulls will keep the defense above this zone, then in the short term the price may show growth to the local maximum Regards R. Linda!
FX:XAUUSDLong
by RLinda
14
XRP → Consolidation before the breakout and rally ↑BINANCE:XRPUSDT has been in consolidation for a little over a month after a strong rally and this is a good sign indicating that there is still strength in the market. And as we know, consolidation at some point turns into distribution The symmetrical triangle in our case has the character of a consolidation pattern, the purpose of which is the continuation of the trend. Buyers are aggressively defending the support zone, forming a cascade of levels. But more remarkable concerning the pattern is the consolidation 2.5 - 2.337, which is formed near the triangle resistance. Consequently, we can assume that the market is accumulating strength to break the resistance. Fundamentally, the project has very good prospects after a long and protracted winter. Trump's victory and the changes provoked by him have a favorable impact on Ripple. Resistance levels: 2.5, 2.73, 3.05 Support levels: 2.337, 2.2, 2.00 Accordingly, the realization phase will start after breaking the resistance of 2.5. Thus, we can assume that the exit from the accumulation will be upward, which can also be helped by a bullish and growing bitcoin. Regards R. Linda!
Long
by RLinda
2
BITCOIN → Consolidating before an important eventBINANCE:BTCUSD is consolidating between 99.5K and 91.8K as traders await action from politicians and Trump's inauguration as the main driver behind the rally. Fundamentally, things are still good. Trump promised a lot of positive actions towards bitcoin and the cryptocurrency market in general, but at the moment the main issue is the inclusion of bitcoin on the balance of the federal reserve. But everything depends more on the realization of the promises, if the community does not get what they were promised, a correction may be triggered. Technically bitcoin looks very strong. After a strong rally, there is no hint of a possible fall or deep correction, which means that someone is keeping the price in the specified range. Until important events, the price can still stand still, in the range between 100K and 90K. As for altcoins, they are getting a chance as bitcoin dominance continues to decline after the trendline break. A capital move could spark a rally in strong altcoins in the near term. Resistance levels: 99.5K, 102.5K, 103.5K Support levels: 95K, 91.7K Since the price is in neutral and trading between strong levels, I prioritize a false breakdown of resistance and correction inside the channel. Then further reaction may give hints. If there will be no fall and the price starts to consolidate in the resistance area, then we will have a chance to rise to 102-103K Regards R. Linda!
BINANCE:BTCUSDLong
by RLinda
22
AGLD/USDT, Ascending Channel with 2:6 Risk-Reward SetupThis chart displays an Ascending Channel Pattern where the price is trending upward within parallel support and resistance lines. The long position designed here follows a 2:6 risk-reward ratio , indicating a calculated trade setup with a potential 50% profit at the target price of $3.717 and a controlled 18% loss at the stop-loss of $2.016 . The ascending channel suggests bullish momentum, and the strategy aligns with a breakout continuation toward the upper resistance level. However, if the price fails to sustain above the lower trendline, the trade could hit the stop-loss. This setup offers a favorable risk-reward profile for traders looking to capitalize on the channel's upward trajectory.
Long
by wolfchemist
8
SUI Roadmap==>>Short-term!!!First, let's take a look at the previous BINANCE:SUIUSDT Roadmap that I shared with you on October 8, 2024 , which was well done with this analysis (I told you both the correction and the increase). The SUI token has experienced significant growth in the past 24 hours , driven by several key factors : 1- Expansion of the DeFi Ecosystem : The Sui Network has experienced a significant increase in Total Value Locked (TVL), signaling growing adoption and investor confidence. 2- Rising Open Interest : A noticeable increase in open interest indicates higher liquidity and greater participation from traders, further driving price appreciation. 3- Increase in Daily Active Addresses : The number of active addresses on the Sui network has grown, reflecting heightened user engagement and network activity. 4- Haedal Protocol Secures Seed Funding : Haedal Protocol, focused on liquid staking solutions for Sui, closed a successful seed funding round with major investors like Hashed and the Sui Foundation. Its haSUI ( PYTH:HASUIUSD ) token enables users to earn staking rewards while maintaining liquidity for DeFi activities, contributing to Sui's ecosystem growth with over $200M in TVL. ---------------------------------------------- Now let's look at the SUI token chart on the 1-hour time frame and see if we still have a chance to profit from the increase in SUI!? SUI managed to break the Resistance zone($5.00-$4.76) and seems to be completing the pullback now . According to the theory of Elliott waves , SUI seems to be completing microwave 4 of microwave 3 of the main wave 5 . I expect SUI to start increasing again after the pullback is completed, and we can profit at least +10% from the SUI token . ⚠️Note: If SUI falls below the Resistance zone($5.00-$4.76), we should expect it to fall further.⚠️ 🙏Please respect each other's ideas and express them politely if you agree or disagree.🙏 Sui Analyze (SUIUSDT),1-hour time frame⏰. 🔔Be sure to follow the updated ideas.🔔 Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
12
Bitcoin - Final Crash! Prepare to buy, new ATH soon.Bitcoin is ready for the final crash to around 85k! This is an excellent buying opportunity on the spot market, or you can use leverage on futures. I expect Bitcoin to hit 125k in 2025. 85k is a strong support because it's the start of the FVG (Fair Value GAP). It's the first major point and major support on this chart. Expect a strong rebound from this level. It's possible that Bitcoin will go a little bit lower to 83,842. This is also significant support because it's the 1:1 FIB extension from wave A to wave B. Bitcoin always reacts to this FIB extension; it's the most popular. After we complete the C wave, we are ready to start a new impulse wave and start a new bull market. Also, I expect an altseason to kick in; for example, Ethereum should overpower Bitcoin. The Bitcoin dominance (BTC.D) chart is on a strong resistance. I think the plan is clear; 2025 will be very successful! Write a comment with your altcoin, and I will make an analysis for you in response. Also, please hit boost and follow for more ideas. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!
Short
by Xanrox
261
Critical Turning Point for the S&P 500: Bullish or Bearish?Happy New Year, everyone! 🎉 I hope you all had an amazing start to 2025. Let’s dive into the S&P 500 chart because it’s showing some critical patterns that could define the market's direction moving forward. The S&P 500 has now broken below the Rising Channel, confirming a bearish breakdown from the long-term uptrend. This move adds to the bearish pressure initiated by the previously formed Head and Shoulders (H&S) pattern. The breakdown of the Rising Channel, combined with the confirmed H&S pattern, suggests a significant shift in market sentiment. With the price also sitting below the 50 EMA, the bears appear to have the upper hand. 1. Rising Channel Breakdown : After respecting the channel boundaries for months, the price has decisively fallen through the lower boundary, signaling the uptrend is over. 2. H&S Pattern Confirmation : The neckline has been broken, further validating this bearish reversal structure. 3. 50 EMA Resistance : The inability to reclaim the 50 EMA solidifies the bearish momentum. Targets to Watch * 5,687.33: The next immediate support level where price could pause or consolidate. * 5,600.45: A breach of 5,687.33 could send the price toward this stronger support zone. * 5,119.26 (Channel Projection): If bearish momentum accelerates, the longer-term target aligns with the channel's projected downside. What’s Next? With the Rising Channel broken, the market’s bullish structure has collapsed, leaving traders watching key support levels to assess the depth of the pullback. Bulls will need to reclaim the 50 EMA and push the price back into the channel to regain control, but this seems unlikely in the short term. The market now leans bearish, and the next few sessions could confirm whether this breakdown leads to a larger correction or stabilizes near support. Let me know your thoughts and how you plan to approach this setup. Wishing you all a successful and profitable trading year ahead! 🚀 #SP500 #TechnicalAnalysis #BearishBreakdown #RisingChannel #HeadAndShoulders
SP:SPX
by CryptocurrencyWatchGroup
Bitcoin Post-Halving Shockwave: Why 2025 Could Still See a Mega Now that the much-anticipated 2024 halving is in the rearview, the big question is: Will Bitcoin continue its explosive post-halving trend? My long-term chart analysis suggests that BTC remains on track for a powerful rally—if certain key support zones hold and historical patterns play out. Here’s what I’m seeing: Post-Halving Volatility We’ve already witnessed a surge in volatility around the 2024 halving date (which occurred earlier this year). Historically, halvings have often propelled multi-month bull markets, though they don’t always ignite immediately. Keep an eye on the next few quarters for signs of a prolonged uptrend. Mature Ascending Channel Since 2017 The broad rising channel (outlined on the chart) has been a reliable guidepost. Multiple touchpoints along its upper and lower boundaries highlight how BTC has respected this structure for years. As long as price remains within this channel, the long-term bullish bias stays intact. Critical Support Zones (S1, S2, S3) I’ve identified major horizontal levels where strong buying pressure has historically emerged. If the market corrects from current levels, these supports could offer prime “buy the dip” opportunities—or serve as warnings if they fail to hold. 2025 Outlook If previous cycles are any indication, we may see a continued grind upwards heading into 2025. Bitcoin’s supply dynamics, combined with growing institutional interest, support the potential for a high-volatility, high-upside environment. However, it’s essential to stay flexible and keep tabs on macro factors. Bottom Line: The halving has come and gone, but its after-effects may just be warming up. Whether you’re bullish or bearish, always back your technical analysis with robust risk management. What are your thoughts on Bitcoin’s post-halving trajectory? Let me know in the comments below!
BITSTAMP:BTCUSDLong
by daniellalasa
2
USDJPY → Consolidation in the buying zone FX:USDJPY continues its bullish rally on the background of growing dollar. The fundamental background is on the side of the dollar, which is generally a negative factor for the yen. Technically, the price is still inside the uptrend. Moreover, the currency pair is breaking the flat resistance and after the correction and false breakout, it is consolidating above 156.75. If the bulls hold the defense above this level, the currency pair will head towards 160-162 in the medium term. The technical and fundamental background is on the side of the buyer. Resistance levels: 157.76, 160 Support levels: 155.88, 154.5 Price consolidation above 156.76 and further breakdown of the local maximum will provoke active purchases, which may lead the price to the targets indicated on the chart. Regards R. Linda! Happy Holidays and a productive 2025!
Long
by RLinda
2
BITCOIN → High risk. Falling towards 70K or rising towards 100K?BINANCE:BTCUSD is forming a correction phase after Powell's speech last week. If the price goes beyond the accumulation boundaries, there will be a risk for a strong fall as the price is approaching the panic zone... Bitcoin is still in high demand, but private traders are going into a phase of profit taking after negative news, while institutional traders are taking advantage of the moment and buying the asset at a cheap price. But it doesn't mean anything. Fundamentally, Trump gives a big chance to the cryptocurrency market, but after winning the presidential election the excitement starts to fade and then the risk of revaluation increases. If the market does not get what it was promised, a deep correction may occur. Also, the Fed played a negative role last week: slowing down the rate cuts and negative tone about the strategic reserve and reluctance to have BTC on their balance sheet. Technically, despite the breakout of the ascending channel support, the price is still inside the 99K - 86K consolidation Resistance levels: 99300, 103600 Support levels: 91780, 86700, 82700 The price is approaching the support. If the market keeps the price in this zone, bitcoin will have a chance to recover to 100K. But, if the fight for 86-84K zone starts, then everything will depend on the general market background, a negative background can provoke a breakdown of strong support and the price will fall into the void zone... Regards R. Linda!
BINANCE:BTCUSDLong
by RLinda
24
Bitcoin - Finally time for a drop! (alien technology)Bitcoin (crypto) is a technology that was brought to planet Earth by alien species. You probably heard of Grays, Reptilians, and Dracos from TV or YouTube. These days they are everywhere, and they are represented as evil to humanity. They infiltrated the government, presidential candidates, and big companies. They are here, but you don't see them. You can watch the following interview with a reptilian: www.youtube.com Crypto technology is not new in the galaxy, and humans didn't invent it. But let's take a look at the price action. The Bitcoin bullish cycle is coming to an end. I think the end will be around 125,000 USDT, so you don't want to buy the TOP. We can expect a 60% to 50% correction in 2025/2026 - that would be 60k per Bitcoin. At the top of each bullish cycle, many people get stuck with their holdings by buying near-all-time highs, then experience a massive crash in their account due to extremely high Bitcoin volatility. In the short- term, I expect a pullback to the bottom of the parallel channel, profit 1: 99405, profit 2: 94700. Write a comment with your altcoin, and I will make an analysis for you in response. Also, please hit boost and follow for more ideas. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!
Short
by Xanrox
177
USDJPY → Consolidation of price in the sell zoneFX:USDJPY reaches a strong resistance at 153.87 within an uptrend. Will this direction continue, as the Fed rate meeting is ahead.... Fundamentally, today is a big day for the markets. At 19:00 GMT the Fed rate meeting, where with a 93% probability the decision to cut interest rates by 0.25% will be made, which will make the dollar less attractive, but for how long, given Trump's policy? Accordingly, the dollar is in a consolidation phase, traders are waiting. If the dollar starts a downward correction, it will affect the currency pair accordingly. But I do not exclude that on the background of high volatility the price may form a retest of resistance and a false breakout. Resistance levels: 154.95, 156.75 Support levels: 151.44, 159.69 At the moment, after the retest of 0.79 fibo and the key resistance at 153.877, the price is consolidating in the selling zone. The fundamental background may increase the pressure, which may lead to a fall. Regards R. Linda!
Short
by RLinda
5
XRP → Flag on the back of a strong rally. Going higher?BINANCE:XRPUSD after a strong rally forms consolidation in the format of a flag. According to technical aspects it is a prerequisite for continuation of the main movement. The price is testing the resistance of the figure... There is not much left to the key point - ATH. After a strong bullish growth the coin has been consolidating for two weeks, in general, on the background of a strong bull market this may be enough. Now we should wait until the price leaves the channel and the bulls keep the defense above the key zones, for example 2.658. In general, the potential of the project is quite positive, a lot of problems have been solved recently, which put enormous pressure on Ripple. Resistance levels: 2.6585, 2.8724, 3.063 Support levels: 2.473, 2.20 The coin is accumulating pre-breakout potential in the upper part of the local channel, which generally indicates which way the price is going to go. Breaking through resistance and consolidation of the price above 2.6585 will be a good confirmation of readiness for growth. Regards R. Linda!
BINANCE:XRPUSDLong
by RLinda
15
Bitcoin Ascending Bullflag Breakout Target 140kI am still expecting significant resistance in the 120-130k range so to see this having a full target of 140k is pretty wild to me. Perhaps we have. Correction before reaching its full breakout target, or perhaps price sends a large wick above the resistance up there to hit this target before that resistance rejects price for a significant correction. Either way I do anticipate we rise to at least 120k on this next move up. *not financial advice*
BITSTAMP:BTCUSD
by DrDovetail
2
BITCOIN → Consolidation before the breakout. When do we go up?BINANCE:BTCUSD continues to consolidate, but within a strong bullish structure. The price is approaching the trigger, the breakout of which may provoke the formation of an upward impulse Globally, the coin is still in the phase of realizing a global " cup and handle ", which I reminded one of the first back in August: A good signal that hints that the growth is likely to continue is the fact that after a strong growth and testing 100K the price does not fall, but consolidates with gradually rising local lows, it is also worth paying attention to MA-50, which acts as a strong support. Within this consolidation we have clear zones, within which the price is trading and accumulating potential, and there is also a clear trigger, the breakout of which can provoke the continuation of growth (distribution). But next week is the Fed meeting on December 17-18, and there may be short-term market manipulative reactions. Be careful Resistance levels: 101.8K, 104.1K Support levels: 98.9K, 94.15K Technically, the focus is on 101.8 - 98.9. Consolidation is forming inside this channel. I do not exclude a chance of support retest in the format of a false breakdown before further growth. Another deep correction to the lower liquidity zone - 94.1K is also possible. But until the price breaks 101.8, bitcoin will not go up, and based on the chart, the event is close and the chance is high Rate, share your opinion and questions, let's discuss what's going on with ★ BINANCE:BTCUSDT ;) Regards R. Linda!
Long
by RLinda
33
USDCHF → Breakout of wedge resistance. CPI aheadFX:USDCHF is showing positive signs of willingness to continue the uptrend. The dollar is consolidating in the meantime in anticipation of CPI, which creates risks for us The currency pair is testing the support at 0.877 as part of the correction. A false breakdown and a reversal pattern is formed, which indicates the end of the correction. The price updates the local lows, and on the 4-hour timeframe it enters the realization phase after breaking the wedge resistance. The focus is on 0.882 - 0.8848. If the bulls keep the defense above this zone even after the news, the growth of the currency pair will continue in the future, as the key liquidity zones are still untested Resistance levels: 0.8848, 0.8887 Support levels: 0.882, 0.880 CPI is ahead and traders are not yet ready to take active action prematurely. The report may form a medium-term potential. A break of 0.8848 will be the trigger for continued upside. But, the structure will be broken if the market breaks 0.876 Regards R. Linda!
Long
by RLinda
2
Bitcoin Crash + Largest altcoin analysis requests! (ask me)Write a comment with your altcoin, and I will make an analysis for you in response! Also, please hit boost and follow for more ideas. I start my analysis with Bitcoin. Currently, I expect a drop to 85k. We have a total of 3 unfilled FVGs (fair value gaps) below the current price, and this is a big deal. These gaps pretty much always tend to be filled. These are no gaps that occurred at the start of the uptrend (near 15k in 2022), but almost before the end of the uptrend (85k in 2024). This is a hugeeeee problem, and I assure you that bitcoin will go down sooner rather than later.  Today we also want to look at the RSI indicator. The RSI indicator is important mostly only on the 1m, 1H, 1D, 1W, and 1M charts. Do not use it on, for example, 15m or 2h charts. On the RSI indicator, we can see a bearish divergence because the price is making a higher high while the indicator is making a lower high. That's a huge sign of weakness. Also, let's take a look at the moving averages. This is the daily chart, so let's use 50, 100, and 200. These periods are very popular among huge institutions and hedge funds. They mainly like to use 200 and 20. As we can see, the price is too far away from them, which is a sign that the market is overbought and we should wait for a correction. You want to buy at the support, not when the market has already made the move. Currently I am bearish on Bitcoin. Profit target 1: 92,250, profit target 2: 85,350. Write a comment with your altcoin, and I will make an analysis for you in response. Also, please hit boost and follow for more ideas. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!
BITSTAMP:BTCUSDShort
by Xanrox
328
Bitcoin currently in an ascending bull flagI made a rough estimate of where the flag make breakout for where I placed the dotted measured move breakout target line. There’s a chance it could not hit the entire flag tRGET and instead only reach the breakout target of just the channel portion of the flag itself which would be a much lower target. Also always a possibility arising channel breaks to the downside though at the beginning of a parabolic phase during a bull market they usually break upwards. We will see what happens soon enough *not financial advice*
BITSTAMP:BTCUSD
by DrDovetail
Btc Dominance appears to be getting rejected from channel retestBitcoin dominance chart just recently bounced back up in an attempt to climb back inside the ascending channel it recently broke under and as of now both candles that sent a wick back inside the channel upon the current retest both closed their candle bodies with the channel still as resistance. Since then we are now seeing the current candle appear to head lower again suggesting the bottom trendline of the channel will be confirmed as solidified resistance, in which case price action has a much higher probability at this point of validating the breakdown and dumping to the 53% target. If this occurs we are very likely to see alt season really tart too kick in here soon. *not financial advice*
CRYPTOCAP:BTC.D
by DrDovetail
BITCOIN →The Trend Reversal. The End Of Growth? Or Not!BINANCE:BTCUSDT Still maintains a bullish market structure as evidenced by the local upward channel within the broader consolidation channel. After a strong rally, the price is moving into consolidation. Consolidation is the accumulation of a position. Accordingly, there can be different situations inside such a figure: traps, traps, false breakdowns, unpredictable impulses and so on. And it all has one goal - accumulation. Technically, the bullish market structure is not broken. Globally - flat. Locally - an ascending channel. The risk of breaking the bullish structure will be if the price starts to approach 91K - 85K. Then the question about deeper correction or even reversal will become more serious, but not now. The bulls are actively defending the boundaries of the local ascending channel and it may lead the price to retest 99-102K, but at the moment there are no preconditions for strong growth. The market will need a few days to recover its strength. Just during this period of time, the asset may show further intentions. Resistance levels: 99K, 101.3K, 104K Support levels: 95.9K, 91.6K If the bears hold the defense below 99K and the price starts to fall down, then pay attention to 95.9K. Further fall or consolidation inside the channel will depend on this level. If the bulls will be able to keep the defense inside the channel (above the support), then in the medium term we can count on the continuation of growth.
by MarketAnalyzar