Get started

Chart Patterns

"BTC/USD Double Top Breakdown: Targeting Key Support at 92,000"This chart for BTC/USD highlights the following key points: 1. **Double Top Formation**: - A clear double top pattern is visible around the 108,000 resistance zone. - This is a bearish reversal signal, indicating a potential move downward. 2. **Break of Trendline Support**: - The price has broken below the ascending trendline, further confirming bearish momentum. 3. **Price Targets**: - The next major support zone appears to be around 92,000–88,000, which aligns with the highlighted horizontal demand area. 4. **Bearish Volume Profile**: - Significant selling volume is noted after the rejection from the resistance zone, reinforcing the downside bias. Summary: BTC/USD is showing strong bearish signals after failing at the 108,000 resistance and forming a double top. The break of the trendline suggests a continuation to the downside, with a target around 92,000–88,000. Traders should watch for retests of the broken support or confirmation of further downside momentum.
BITSTAMP:BTCUSDShort
by TRADE_CENTER_1
Accumulate Near Protocol from $1-$3I should have stuck with my alt reset sentiment, because it was correct. I think that BTC will complete a correction to the mid 70Ks. This last run-up on Near and most other alts was a bearish run up. It appears that the bearish divergence all up and down Bitcoin's timeframes is actually going to play out. I think that Near resets its self may almost all the way down to $1.00. That would form a big inverse head and shoulders pattern if it does. That's all that I have for now.
by LoneWolf1425
Nifty outlook for coming days...Nifty has been in correction mode since 27th Sep 2024. The correction did complete 61.8% as shown in fib level. For any correction 61.8% is very important level if it breaks then only we will see more correction going forward. Nifty has been around the level for couple of days and holding it. We can also see the correction channel and the triangular formation of last wave of wave c. Nifty will be looking forward to change the trend anytime sooner and the confirmation of this will start once it breaks above support zone. Initial target will be the high of wave B. Stay safe and trade safe. Note: View shared for educational purpose only.
NSE:NIFTYLong
by The_Trader14
1
4-Hour Counter Pullback and Continuation from Demand ZoneThe market is currently in a strong trend, and I am anticipating a counter pullback on the 4-hour timeframe. This pullback is expected to be temporary before the market continues in the direction of the primary trend. The area of interest is near a key demand zone, which has historically shown the potential for price to reverse and resume its movement. I will be monitoring the price action closely around this demand zone for confirmation of the pullback and subsequent continuation. A successful retest and rejection of the demand zone would provide a strong signal to enter a position in the direction of the prevailing trend.
Long
by fxtrends28
XRP UPDATE, START OF THE BIG CRASH This is the same chart I’ve posted last week. Nothing has changed. There are signs that have been all over the crypto charts showing this coming but people only want to see positive things. It’s all in the way you look at it. When you start looking at the markets different you’ll realize that the direction of the market doesn’t matter. Only the higher probability of that direction. Then you trade it accordingly. Money spends the same whether you make it from a long or a short. Be safe. Let the trade come to you.
CRYPTO:XRPUSDShort
by Thetraderedge
XAGUSD POSSIBLE TRADE SETUPPotential Trade Setup on XAGUSD The price just got rebounded from a very strong resistance, just to go back and retest the range bottom (support) zone, although the Trend remains bearish and the set Trendline keeps the price on the lower part of the market. The price is developing, and I am waiting for a retest of the previously broken support and used as resistance before I look for a SHORT trade. A BUY opportunity is at the top above the weekly Low at $30.953. You may find more details in the chart! Thank you and Trade Responsibly! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
FOREXCOM:XAGUSDShort
by Adefxc