GOLD - Price can break support level and continue to fallHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊
Recently price reached resistance line and then at once declined to support line, after which started to grow.
A short time later, Gold rose to $2685 level, broke it, and then rose to resistance line one more time.
After this movement, price turned around and started to decline inside falling channel, where it broke support line with $2685 level.
Gold continued to fall, but later it reached resistance line, after which made downward impulse.
Price broke $2615 level and fell to support line of channel, after which bounced up, exiting from channel.
Now it trades close $2615 level and possible that Gold can little grow and then fall to $2570, breaking support level again.
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Breakout
Nvidia - Shocking Everybody Again In 2025!Nvidia ( NASDAQ:NVDA ) will rally another +40% in 2025:
Click chart above to see the detailed analysis👆🏻
For most people, it seems absolutely counterintuitive to witness another parabolic blow off rally on Nvidia and that's exactly why we will see such moves during 2025. Market structure just supports this outlook since Nvidia is still overall bullish and has some room towards the upside.
Levels to watch: $200
Keep your long term vision,
Philip (BasicTrading)
FIL/USDT Breakout Alert: 10x Potential in Play!🚀 Hey Traders! 👋
If this setup excites you, hit that 👍 and smash Follow for proven trade ideas that deliver results! 💹🔥
FIL is gearing up for massive action! It’s breaking out of a descending triangle on the weekly timeframe and currently retesting the breakout. This is a golden opportunity to accumulate and hold for a potential 10x profit! 🚀
📈 Trade Setup:
Entry Range: $4 - $5
Targets: $10 / $22 / $38 / $50 / $66
Stop-Loss (SL): $2.50
💬 What’s Your Take?
Do you see the same explosive breakout potential? Drop your analysis, thoughts, or predictions below. Let’s ride this wave and secure massive gains together! 💰🌊
🔔 Stay Tuned for more high-probability setups!
S&P500 - The Next 14 Days Will Decide Everything!S&P500 ( TVC:SPX ) is about to break all resistance:
Click chart above to see the detailed analysis👆🏻
Over the past couple of weeks, the S&P500 has been repeating the major breakout rally of 2021. Back then the S&P500 actually broke above the channel resistance and immediately rallied more than +15%. If we see the confirmed breakout, we will likely see the same thing happening again.
Levels to watch: $6.000, $7.000
Keep your long term vision,
Philip (BasicTrading)
Google - Catch The 2025 Bullrun Now!Google ( NASDAQ:GOOGL ) is preparing for a strong year 2025:
Click chart above to see the detailed analysis👆🏻
So many confluences on Google are pointing to a strong year of 2025. First of all we have the resistance trendline breakout which we saw a couple of months ago and bears were also not able to significantly push price lower after we saw the retest of resistance. This is soo bullish.
Levels to watch: $220
Keep your long term vision,
Philip (BasicTrading)
BITCOIN Bearish Breakout! Sell!
Hello,Traders!
BITCOIN has formed a
Bearish flag pattern and
Then made a breakout and
A retest and now we are
Seeing a move down again
So we are locally bearish
Biased and we will be
Expecting a further move down
Sell!
Comment and subscribe to help us grow!
Check out other forecasts below too!
BTCUSD Revision 22 December 2024Hello Nation!
Let’s see what BTC did. We open today at 96537 area. It did made a huge gap breaking a Resistance level. The same Level became a Support. As multiple rejections can be seen. To me that a good hint for a buy entry. I marked out my m15 Box and that will be my point of interest for a buy entry.
With 30 Pips SL risk and 100 Pips TP. It will be a nice winner. I did took this entry but i secured at 94 Pips. My risk was smaller than 30pips as i make them precise on m1 or m5.
Price went up straight to a Daily SBR area. Once i spotted Price was breaking a support on the H1, this information is key to me. I marked the Support that broke and that same area is now Resistance. A point of interest which i will monitor.
Again, I drew out my m15 box after the identifying Support and Resistance in that area. Upon seeing multiple bearish reactions. I was confident price will be making a move down. I took a sell entry.
This time i targeted the H1 low which give me a bit more than 100 pips. I secured this entry at 138 Pips. Knowing that there was gap during market open. I could have attempted to target much lower. But i am happy with what i got. It was a very good day for me.
BTC is just bouncing off its supply and demand. As you know, I don’t make predictions on my post. I will only try to share what story that i see after the candles happen.
Thank you for Reading. Good Bye!
RENDER/USDT Breakout Alert: 200%+ Pump on the Horizon?🚀 Hey Traders! 👋
If this setup resonates, smash that 👍 and hit Follow for trade ideas that deliver results! 💹🔥
RENDER is looking primed for action! It’s broken out of a symmetrical triangle and successfully retested during the recent dip. This could be your chance to accumulate and add more on pullbacks. I’m eyeing a potential 200-250% pump this altseason! 🚀
📈 Trade Setup:
Entry Range: $6.7 - $7.7
Targets: $10 / $14 / $19 / $25
Stop-Loss (SL): $5.60
💬 What’s Your Take?
Are you seeing the same explosive breakout potential? Share your analysis, thoughts, or predictions below. Let’s ride this wave together and lock in massive gains! 💰🌊
🔔 Stay Tuned for More Winning Setups!
BTC/USD continuation to the downside If you go through my previous analysis on Btc there as a clear and understable analysis from Montly to Daily T_F
There was obvious Rising Wedge which the market respects
Tradingview says 1m+pips from the very top of my analysis that's -13.87%
Now... there's about to be a Retest on the break out of the rising Wedge also the trend line onthe 4hrs T_F
More bearish move to go watch out
Note this is base on technical factors.
EUR-JPY Will Go UP! Buy!
Hello,Traders!
EUR-JPY is trading in an
Uptrend and the pair made
A breakout of the key
Horizontal level of 162.230
Then made a pullback and
A retest and is going up again
Now so we are bullish biased
And we will be expecting a
Further bullish move up
Buy!
Comment and subscribe to help us grow!
Check out other forecasts below too!
Xrp - The New +400% Bullish Triangle!Xrp ( CRYPTO:XRPUSD ) is creating another bullish triangle:
Click chart above to see the detailed analysis👆🏻
Despite the recent rally of +300% on Xrp, this crypto coin is still totally bullish. However at the moment, Xrp is starting to reject a quite significant all time high resistance level. We could see another drop lower from here before bulls will take over again and eventually create new highs.
Levels to watch: $2.0, $10.0
Keep your long term vision,
Philip (BasicTrading)
Tesla - We Will See The Four Digits!Tesla ( NASDAQ:TSLA ) is finally creating an all time high:
Click chart above to see the detailed analysis👆🏻
After waiting for over four years, Tesla finally created a new all time high and with that, Tesla is also starting the next major parabolic rally. The triangle breakout which happened a couple of months ago was just the required technical catalyst, and now all things are simply very bullish.
Levels to watch: $500, $1.000
Keep your long term vision,
Philip (BasicTrading)
Binance Coin - Trade This Breakout Rally Now!Binance Coin ( CRYPTO:BNBUSD ) is starting to break out:
Click chart above to see the detailed analysis👆🏻
It really seems like the long term consolidation of more than three and half years is finally coming to an end on Binance Coin. We still have to wait for the monthly candle of December, but momentum is pretty strong and bulls are doing their best to start the parabolic breakout rally.
Levels to watch: $700, $1.400
Keep your long term vision,
Philip (BasicTrading)
Technical Review - BTCThere are lots of confident predictions about where markets will head next. However, at its core, trading is about speculation and taking calculated risks—not about certainty. In this post, I'll share some technical trades in BTC from recent price action. While hindsight bias will naturally come into play, I did take several of these setups in real time.
Higher Timeframe Context (1-Month)
In terms of the higher timeframe context, there has been a clear uptrend with two distinct continuation setups (noticeable move up, followed by a contraction towards the mean price which then sets up for a continuation). At the current time there has been an attempt for a third move.
These could have been entered on the range expansion from the contractive state, however when prices become extended towards the outer boundaries we better be cautious due to risk of mean reversion. At such extremes, its better to scale out or look for better opportunities. These locations are often reached as measured moves (assumed average price volatility is sustained, as seen on the right side of the chart). This does not meant the move is over, but rather where the risk of mean reversion is increased, price can deviate from average volatility all the time.
This analysis is not a prediction of future behavior, but rather a review of recent events and how they could have been traded in technical terms. There is also a component of discretion, which occur in in real time, but is not relevant to asses at this point.
Before we take a trade we want to consider:
What is the current structure in play, is it a trend or a range?
Where is price located within that structure, are we at or near extremes?
In case above conditions are met, is there a setup or an entry trigger?
This all boils down to the search for imbalance.
Daily Timeframe: Range-Bound Trading Opportunities
In terms of my trading timeframe, which is the daily, BTC has spent the past months within a distinct range. When such a structure is in play, the locations of interest are at or near the extremes (upper and lower boundaries) where imbalances tend to occur.
Efficient trades at these extremes typically arise when there’s a failure test (also known as a failed breakout or 2B pattern). In these cases, price pushes outside the boundary, fails to follow through, and reverses back inside—often trapping participants and can fuel a move in the opposite direction.
This dynamic tend to hold until there is an actual breakout, there is no bulletproof way to know what will happened, but most of the time it can be helpful to reference the higher timeframe. For example, in case breakout happen in opposite to the trend we can treat them as potential failures, while with trend (as in this case with BTC to the upside) we can either treat them as breakouts or at least not fade the move. There are however exceptions and nuances to these type of plays.
On the chart, I’ve marked all failure tests where price moved back into the range and formed bullish continuation structures. These setups offered opportunities to enter and take profits. In my case, I typically targeted 1R trades on these setups, with some extending into full measured moves.
In conclusion, its probably a decent idea to have a structured framework to locate imbalance, but it must be combined with discretion so we can adapt to different conditions. Its not about confident predictions, but rather probabilities and calculated risks. Don't become attached to positions, let the cumulative effect drive results.
Bitcoin - Please Look At This Timeframe!Bitcoin ( CRYPTO:BTCUSD ) is still totally bullish:
Click chart above to see the detailed analysis👆🏻
Please just make sure, that you don't trust Bitcoin with its daily swings of more than -5%. Looking at the overall picture, Bitcoin is still incredibly bullish and almost trading at its all time high. Bulls are 100% in control of everything and some profit taking along the way is just normal.
Levels to watch: $70.000, $100.000, $300.000
Keep your long term vision,
Philip (BasicTrading)
Adobe - The Triangle Breakout Is Coming!Adobe ( NASDAQ:ADBE ) still remains in a bullish market:
Click chart above to see the detailed analysis👆🏻
For more than four years, Adobe has actually been moving sideways, still digesting the crazy bullrun which we saw over the past decade. Looking at the symmetrical triangle pattern though, this is just a bullish consolidation, which will most likely end with another bullish breakout.
Levels to watch: $440, $560
Keep your long term vision,
Philip (BasicTrading)
$6 to $16+ in 27 minutes after our PRFX Buy AlertWOW 🚀 $6 to $16+ in 27 minutes after our Buy Alert 🎯
Straight vertical with no pause NASDAQ:PRFX
Stock started the day at $2.17 so it reached 660% total within first half hour with us in it at the start of the power run
Warning sent in chatroom about $17 - $18 resistance before reversal happened so members knew where to take last safe profits