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Euro can start to move up to resistance level and break itHello traders, I want share with you my opinion about Euro. Observing the chart, we can see how the price some days ago entered to downward channel, where it at once rebounded from the support line to the resistance line and then started to decline. Long time, the price fell near the resistance line of the channel, until it reached 1.0455 points, after which it moved up to the resistance line and then dropped to the support line, breaking the 1.0410 resistance level. Then Euro exited from a downward channel and rose to the 1.0410 level, which coincided with the seller zone and some time traded between. Later it made a downward impulse to the current resistance level, which coincided with the resistance area and even fell a little lower than the 1.0250 level, after which started to trades inside a triangle. In this pattern, the Euro in a short time rose to the resistance line, which is located in the seller zone, and then fell to the support line back, breaking the 1.0250 level one more time. Also recently price exited from a triangle pattern and now it continues to decline. So, in my opinion, the Euro, after exiting from the triangle can decline a little more and then start to grow to the 1.0250 resistance level (1st TP). Then, the price will break this level and make a retest, after which continue to move up to 2nd TP - 1.0360 points. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
11
$NASDAQ:AEHR Breaking out of a triangle patternNASDAQ:AEHR is breaking out of a triangle pattern with positive news and earning coming. Things to consider: Earnings - Monday 1/13, they've been posting wins quarter after quarter, and I suspect this quarter will be no different. I'd expect a positive boost for the stock price. News - They've made recent announcement about new product offerings which will help increase their revenue stream. See: www.tradingview.com www.tradingview.com Entry Point: Current Price ~$17/$18 Stop Loss Target: Since the stock appears to be in an upward trajectory, setting a close stop loss should be ok something like $15/16. That would mean the price starting dropping back below the breakout point. Price Target: $35.99 Back Story: I have a love/hate relationship with AEHR, it was one of my first big wins in trading stocks - It was my first pennant pattern that I bought ~$6. I then continued taking profits and looking for new entry points. I bought low, sold high (rinse and repeat) and finally got burned by not selling when it hit ~$50's! Lesson learned... Stocks do come crashing down, take profits and accept losses.
NASDAQ:AEHRLong
by dzygadlo
7
Bitcoin's Double Bottom Reversal1.Double Bottom Formation Bitcoin has formed a double bottom pattern, signaling a potential bullish reversal. The second bottom was created around $89,200, which acts as a strong support level. 2.Neckline Resistance at $91,200 The neckline of the double bottom pattern is at $91,200. A daily close above $91,200 is crucial to confirm the breakout and initiate an upward move. 3.Bullish Scenario If the price successfully breaks and closes above the neckline, a long position can be considered. The breakout could lead to a potential price target of higher resistance zones, depending on momentum. 4.Risk Management: If the price fails to sustain above $91,200, a retest of lower support ($89,200) could occur. 5. Key Levels to Watch Support: $89,200 Resistance : $91,200 (neckline) Bitcoin is showing signs of a bullish reversal from the double bottom pattern. Keep a close eye on the neckline breakout for confirmation before entering long positions.
BINANCE:BTCUSD.PLong
by wolfchemist
XRP ANALYSIS 🌸#XRP Analysis : Bullish Trend 🚀🚀 🚀As we can see that #XRP was making higher highs and higher lows. But finally we can see a breakout of flag and pole pattern. It indicates a bullish trend after it retest the inclining trendline. 💲💲 🔖 Current Price: $2.5454 ⏳️ Target Price:   $2.7055 ⁉️ What to do? - We can trade according to the #XRP chart and make some profits. Keep your eyes on chart price action, observe trading volume. Always observe market sentiments and update yourself everyday.🔰🔰 🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments. #XRP #Cryptocurrency #Breakout #TechnicalAnalysis #DYOR
Long
by ZEUS_Market_Alerts
XRP/USDT BREAKS OUT: 50% Surge Incoming?🚀 Hey Traders! 👋 If this setup excites you, hit that 👍 and smash Follow for trade ideas that deliver real results! 💹🔥 XRP: Ready for Takeoff! 🚀 XRP has shattered its symmetrical triangle on the 4-hour chart and is now retesting the breakout level. If this level holds, we're looking at a potential 50% surge to the upside! 📈 This could be your golden entry—don’t miss out. Trade Setup: Entry Zone: Current Market Price (CMP); add up to $2.30 Profit Targets: $2.62 / $2.86 / $3.12 / $3.38 / $3.66 Stop Loss: $2.16 (Stay safe!) Leverage: Keep it conservative (Max 5x) 💬 What’s Your Take? Do you see XRP’s explosive potential here? Let us know your analysis, strategies, or predictions in the comments below. Let’s conquer this market together and bag those profits! 💰🌊
Long
by CoreCrypto1
STORJ Breakout Loading Is a Bullish Surge on the Horizon?Pattern and Setup Symmetrical Triangle Formation. A bullish pattern indicating potential upward momentum. The price is currently consolidating within the triangle, nearing a potential breakout point. Key Levels and Targets Trendline Resistance at $0.70 this is a critical breakout level to watch. Breakout Confirmation above $0.70 could lead to a significant upward move. Strategy Wait for a clear breakout with strong volume above $0.70 for a bullish entry. Upside potential will depend on market conditions and momentum after the breakout. Risk Management Consider placing stop-loss levels below the lower trendline or recent support to manage downside risk. Target prices can be adjusted as the breakout unfolds, monitoring resistance zones. Insights Symmetrical triangles often indicatecontinuation, and this setup leans bullish. However, always confirm with volume for stronger conviction. Stay alert for false breakouts or a downside breach if momentum fades.
Long
by wsaetos
Xrp - Two Digits After The Breakout!Xrp ( CRYPTO:XRPUSD ) is about to break out: Click chart above to see the detailed analysis👆🏻 Just three months ago we finally saw the overall expected symmetrical triangle parabolic breakout on Xrp. However Xrp is now retesting the previous horizontal all time high resistance. With all the bullish momentum a breakout is very possible, leading to two digits. Levels to watch: $2.5, $10.0 Keep your long term vision, Philip (BasicTrading)
CRYPTO:XRPUSDLong
by basictradingtv
12
Solana - It Just Looks Super Bullish Now!Solana ( CRYPTO:SOLUSD ) is creating a break and retest: Click chart above to see the detailed analysis👆🏻 With the last monthly candle of more than +40%, Solana broke all resistance towards the upside and finally created a new all time high. Now we are seeing the perfect retest of the previous resistance which is now turned support and another strong move higher is absolutely possible. Levels to watch: $200, $400 Keep your long term vision, Philip (BasicTrading)
CRYPTO:SOLUSDLong
by basictradingtv
9
$NYSE:NRGV poised for a breakout with multiple Price TargetsThe global push towards a cleaner energy future is accelerating, but a significant piece to the puzzle remains: the intermittency of renewable energy sources like solar and wind. This challenge has fueled a market for energy storage solutions. Energy Vault ( NYSE:NRGV ) develops sustainable energy storage solutions designed to utility-scale energy storage for grid resiliency. The company's proprietary, gravity-based Energy Storage Technology and the Energy Storage Management and Integration Platform are intended to help utilities, independent power producers and large industrial energy users. The company recently announced a significant 1.0 GWh energy storage project in Australia, which was highlighted by the CEO in a recent interview with MarketBeat's Bridget Bennett. Energy Vault's most recent project serves as a testament to its unwavering commitment to global expansion, underscored by the recent recognition it received from TIME magazine as one of the Best Inventions of 2024 for its groundbreaking gravity energy storage technology. Analysis Looks like this is setting up to break the $2.56 resistance line. Observations: This appears to be ready to break out of multiple patterns, which will present multiple near term price targets $1 upside (~$4)... very close to the head and shoulders pattern PT of $3.80. Falling wedge pattern PT of $7.17 - Squeeze momentum is building and firing. - Current volume doesn't come close the the recent spike, but it is above the MA volume. Entry Point ~$2.60 (or above) - after a closing above the $2.56 resistance
NYSE:NRGVLong
by dzygadlo
5
XAUUSD | Potential Move To 3100 with Bullish Pennant Formation.Technical Analysis XAUUSD shows strong potential to move towards the supply zone at 2749.63, followed by a possible pullback to the demand zone at 2581.85. This movement could form a bullish pennant pattern, which is a continuation pattern. A breakout from this pennant may lead to the -61.80% Fibonacci target at 3101.21. Below is a chart illustrating the potential movement towards the supply and demand zones: Supply and Demand Zones () Once the bullish pennant forms and a breakout occurs, the price could reach the -61.80% Fibonacci level, which is the typical target for such patterns. The next chart highlights this scenario: Breakout to Target () --- Fundamental Insights Fundamentally, rising inflation and ongoing geopolitical tensions continue to support gold’s safe-haven appeal. Upcoming economic data, particularly from the U.S., will play a crucial role in shaping market sentiment and confirming the potential moves. --- Summary XAUUSD has significant potential for a move to 2749.63, followed by a pullback to 2581.85, which could form a bullish pennant. A breakout from the pennant might result in a move toward the -61.80% Fibonacci level at 3101.21. Traders should monitor price action and fundamental developments to validate this setup.
FX:XAUUSDLong
by ProcessAndIntercept
Head and Shoulder Pattern Breakout in BANKNIFTYHead & Shoulder (H&S) pattern in the Bank Nifty Index on a daily timeframe. The H&S pattern is a reversal chart pattern indicating a potential bearish trend after an uptrend. Here's the detailed explanation: 1. Key Components of the Pattern: Left Shoulder: The first peak, formed after an uptrend, followed by a decline to the neckline (support). Head: The highest peak, formed after the left shoulder, followed by a decline back to the neckline. Right Shoulder: A peak lower than the head, formed after the neckline is tested again, signaling weakening upward momentum. 2. Neckline: The neckline acts as a support level that connects the lows between the left shoulder, head, and right shoulder. In this chart, the neckline is marked as a critical support level. 3. Entry and Targets: Entry Point: A short position is triggered once the price breaks below the neckline with strong bearish confirmation. Projected Targets: Target 1: 48,050 Target 2: 46,550 Final Target: 45,000 These targets are derived by projecting the height of the head from the neckline downward. 4. Stop Loss: The Stop Loss is placed above the recent high near 51,050, to minimize risk if the price reverses upward. Conclusion: The Bank Nifty chart demonstrates a classic Head & Shoulder pattern, indicating potential downside targets with well-defined entry, stop loss, and profit-taking levels. This pattern suggests caution for bullish traders and an opportunity for bearish traders if confirmed.
NSE:BANKNIFTYShort
by TradZoo
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)
NASDAQ:NVDALong
by basictradingtv
20