Get started

Chart Patterns

Oil Poised for Further Decline in December 2024Oil Poised for Further Decline in December 2024 On December 13, 2024, oil reached a new peak for the month, but since then, it has been on a downward trend. Given the ongoing geopolitical instability, oil prices are experiencing a bearish wave with many fluctuations. While trading in this manner is riskier, oil continues to make lower lows, suggesting a potential decline to the 70-71 range soon. You can find more details in the chart! Thank you!
TVC:UKOILShort
by KlejdiCuni
3
rsr/usdt bullish outlookI’ve identified an MSS (Market Structure Shift) on the 4-hour timeframe, signaling a potential shift in momentum from bearish to bullish. Let’s break this down: 1️⃣ MSS Breakdown Bearish Structure Break: Recent price action showed a clear BOS (Break of Structure) to the downside, leading to liquidity grabs. Bullish Market Structure Shift: Price has begun reclaiming previous significant lows, indicating a potential accumulation phase by smart money. The MSS is a key sign of a reversal, especially when combined with confluence from higher timeframes and support levels. 2️⃣ Entry Model Here’s the entry methodology I’m using: Order Block Identification: I’ve identified a key bullish order block (OB) as the zone where smart money likely stepped in to accumulate positions. This OB serves as my primary entry point. Premium/Discount Zones: Using the Fibonacci retracement, I confirm that the entry aligns within the discount zone (below 50%), ensuring optimal risk-reward. Confirmation Entry: I wait for a smaller timeframe BOS or bullish reaction near the OB to refine my entry. Trade Details Entry Zone: Near the OB, which aligns with ~$0.0112. Stops: Below the OB low, protecting against invalidation. Targets: Multiple take-profit levels (TP1 through TP5), with the ultimate target near $0.026
Long
by origami_capital33
4
Tesla (TSLA): Big Levels Ahead—Here’s What to Watch!Good morning, trading family! Tesla ( NASDAQ:TSLA ) is at a key point, and here’s what could happen: -If the price breaks above $439.57: We’re likely headed toward $500. -If the price falls below $410: A drop to $358 or even lower could be next. These are big levels to watch, so let’s stay focused and trade smart! Wellness Tip of the Day: Make time to eat meals at the same time each day. Keeping a regular eating schedule helps maintain energy and focus, so you’re sharp and ready to trade. Comment, like, follow, or send me a message if you want more insights on this setup! Kris/Mindbloome Exchange Trade What You See
NASDAQ:TSLA
by Mindbloome-Trading
2
XAU/USD (Gold) Trendline BreakoutThe XAU/USD pair on the M30 timeframe presents a potential Buying opportunity due to a recent breakout from a well-defined Trendline pattern. This suggests a shift in momentum towards the upside in the coming Hours. Key Points: Buy Entry: Consider entering a Long position around close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 2663 2nd Support – 2689 Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI FOREX TRADING Thank you.
OANDA:XAUUSDLong
by KABHI_TA_TRADING
5
SHIB/USDT Analysis: SHIB is currently gaining momentum within a long-term symmetrical triangle pattern. This consolidation phase suggests a potential breakout, and if SHIB stays above key support levels and bounces off strongly, it could retest its all-time high. SHIB is close to the apex of the triangle, a crucial point where a decisive move is expected. Strong upward momentum could target higher levels. Immediate support is near 0.00002150. Critical support at 0.00001090 is marked by the dashed red line. It is crucial to stay above this level for bullish continuation. First Target: 0.00003000 Second Target: 0.00005000 Based on sustained momentum, potentially a retest of levels near 0.00009000. The symmetrical triangle signals a period of indecision, but a breakout could lead to substantial profits. Monitor volume closely to confirm the strength of the breakout, while also keeping an eye on key levels for invalidation. If the bullish momentum sustains, SHIB has a strong chance of retesting its ATH in the upcoming rally. DYOR, NFA @Peter_CSAdmin
Long
by CryptoSanders9563
BTC on 6h chart Hello, my dear friends!🫶 I’m so happy to see You here again! I’m especially grateful for Your feedback—some of You mentioned, that were waiting for me and missed me.🥲 Your words truly touched my heart—thank You so much!😊 I’m thrilled to be drawing charts for You once again; every post I share here holds a piece of my soul. Thanks for Your support—it means the world to me!💋 🔴 We’re currently sitting between a major resistance level (a trendline dating all the way back to 2017) and strong support at 72,000.🔴 The price is at a fascinating crossroads: if the 96–94–93 levels hold and the price consolidates there, we could see a climb toward the significant resistance zone (marked by the pink 🟣 dot) at 107–108k. From there, it’ll be crucial to watch closely—if the price breaks through those levels with ease, a rally could be in the cards.🚀 However, if the 96–94–93–92 levels fail to hold, we’re likely in for a deeper correction. In that case, we could see the price drop to the support zones at 86k, or possibly even lower, to 77k–73k.📉 Thank You for being part of this amazing community—it’s a privilege to share ideas and grow alongside You all. No matter what the charts look like, stay focused, stay patient, and keep believing in your abilities. Success belongs to those who persevere. Always sincerely yours, Kateryna 💙💛
BITSTAMP:BTCUSD
by RocketBomb
2
DOGE risks falling below $0.20: analysisDogecoin (DOGE) price has dropped over 30% from its yearly high of $0.48 earlier this month. This decline is linked to multiple bearish signals, increasing the likelihood of further price decreases. As the year draws to a close and bearish pressure mounts, technical indicators point to a further decline in DOGE’s price, possibly slipping below $0.20. Here is why. A “Death Cross” pattern has been formed on the DOGE/USD one-day chart. This is a bearish pattern that is formed when an asset’s short-term moving average (often the 50-day moving average) crosses below its long-term moving average (commonly the 200-day moving average), suggesting a shift in market sentiment from positive to negative.  Readings from the DOGE/USD chart showed that DOGE’s 50-day MA crossed below its 200-day MA on December 18, and the meme coin’s price has since plummeted by 20%. This crossover is a bearish signal, suggesting a weakening trend, with recent price declines outweighing long-term price gains. Currently, DOGE is trading below the resistance at $0.33. Persistent spikes in selling pressure at this level could drive its price down to the support at $0.28.  Should this support fail, DOGE’s next key level lies at $0.23. If bulls cannot defend this level, the meme coin could slip below the $0.20 zone, potentially reaching $0.17. On the other hand, a successful breach of the $0.33 resistance level could propel DOGE towards its yearly peak of $0.48.
WHITEBIT:DOGEUSDShort
by paul_endeo
4
Bitcoin to the moon or doom?The BTC/USD monthly chart does appear to be forming a rising wedge pattern, which is often considered a bearish reversal signal.   What is a Rising Wedge? A rising wedge is a chart pattern characterized by two converging lines, with the upper line sloping upwards more steeply than the lower line.   This pattern suggests that buying pressure is weakening, and sellers are gaining control. A breakout below the lower trendline of the wedge is typically considered a bearish signal, potentially indicating a significant price decline.   Potential Implications: Market Top: If the rising wedge pattern plays out as expected, it could signal the end of the current uptrend and a potential market top. Price Correction: A breakout below the lower trendline could lead to a significant price correction, potentially wiping out a portion of recent gains. Black Swan Events: Unpredictable Nature: Black swan events are highly improbable and unexpected events that have a significant impact on the market.   Potential Impact: A positive black swan event, such as a major regulatory approval or a significant technological breakthrough, could potentially reverse the bearish trend and propel Bitcoin prices higher. Important Considerations: Chart Patterns are not Deterministic: Chart patterns are not foolproof predictions. They provide insights into potential market movements but should not be relied upon solely for investment decisions. Fundamental Analysis: It's crucial to consider fundamental factors, such as economic conditions, regulatory developments, and investor sentiment, alongside technical analysis.
BITSTAMP:BTCUSD
by ParabolicP
1
CRUDEOIL MASSIVE BREAKOUT Chart Analysis The chart shows a falling wedge pattern, a classic bullish reversal setup. The price has successfully broken out of the wedge pattern and is now testing the breakout zone near 5960, indicating potential further upside. Additionally: The 55 EMA is acting as dynamic support and is currently positioned at 5935 Buying Levels: Entry: 5960 (breakout confirmation) Support: 5935 (for tight stop-loss setups) Accumulation Zone: 5920 (for a risk-reward play) Selling Levels: Profit Booking Target: 6020 Extended Target: 6050 (if momentum persists) Stop Loss: 5920 (below the demand zone) Key Notes Watch for volume confirmation to validate the breakout. Keep an eye on broader market trends for crude oil, as global sentiment can significantly impact intraday movements. Disclaimer: This is for educational purposes only. Conduct your own analysis before entering trades.
MCX:CRUDEOIL1!Long
by Shalvisharma5
1
ONE Analysis - What Shall we Expect !!!As you can see, ONE has created an ascending head and shoulders and is also located in the Falling wedge , which means that if it breaks, we expect the price to reach the target (AB=CD). ✨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
3
What You'll Find on the X-325 Channel:🚀 Hello, Trader Friends! Welcome to the Future of Forex! 🚀 My name is Marcos Pedro, I’m Brazilian, and I’ve been living in the United States for 27 years. I discovered the Forex market in 2010, and since then, I’ve been deeply committed to studying, improving, and mastering this financial universe. Today, I apply an exclusive strategy that delivers consistent results. With an accuracy rate ranging from 70% to 90%, out of every 10 trades, we successfully hit 7 to 9 entries. 📚 About the Methodology I Use: This methodology was created by Marcelo Ferreira, one of the top Day Traders in Brazil. He is internationally recognized, having been featured multiple times in Forbes magazine and other prestigious financial media outlets. This strategy was developed through years of hands-on experience, tested in various market conditions, and has proven to be highly effective. However, this methodology has never been translated into English. That’s why I’ve taken the initiative to bring this powerful knowledge to the global audience and help traders achieve consistent profits in the Forex market. 🎥 What You'll Find on the X-325 Channel: Weekly Educational Videos: Practical demonstrations of the strategy, from beginner to advanced levels. Free Initial Lessons: The first videos will guide you in setting up your platform, identifying patterns, and making your first profitable trades safely. Complementary Content (Shorts and Tutorials): Quick tips and focused strategies to enhance your daily performance. Real Case Studies: Live trades showing entry points, exits, and risk management strategies. 📲 Exclusive Telegram Room: For those looking to dive deeper, we’ll have an exclusive VIP Telegram room, where: ✅ You’ll have direct access to me for any questions. ✅ We’ll analyze market movements together. ✅ You’ll receive exclusive trading signals based on the strategy. ✅ We’ll build a community of focused, result-driven traders. Learning Levels: Beginner: Understand the basics of the Forex market. Intermediate: Learn to apply the strategy confidently. Advanced: Develop more complex operations with high precision. Each level will have a structured learning plan and a fixed, accessible fee to ensure everyone can join and grow. 💼 A Real Learning Opportunity: I’m not just here to teach you how to trade. I’m here to show you how to think like a professional trader, how to manage your risks effectively, and how to achieve consistent profits in the long term. Together, we will build not only financial results but also a winning mindset. 📣 Subscribe to the X-325 Channel! Get ready to: ✅ Understand the Forex market like never before. ✅ Learn a proven and validated strategy backed by years of success. ✅ Be part of an exclusive community of successful traders. If you’re ready to take a step towards financial freedom and success in Forex trading, subscribe now to the X-325 channel and join us on this journey! 👉 Welcome to X-325! Let’s make history together! 🚀
OANDA:BTCUSD
by X325
2