USDCHF: Bearish Reversal Confirmed?! 🇺🇸🇨🇭
One of the setups that we discussed on a today live stream was on USDCHF.
The price violated both a neckline of an inverted cup & handle pattern
and a support line of a rising parallel channel on a daily.
The broken horizontal support and a trend line compose
the expanding supply zone now.
With a high probability, the price will drop from that at least to 0.9047 level.
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Cup And Handle
Cup and Handle on COIN!!!!NASDAQ:COIN has formed a nice cup and handle formation on the weekly chart, signaling bullish momentum going into and through 2025…. with a president that 100% supports cryptocurrency, andthe previous week’s Bullish Engulfing candle with a significant increase in volume this confirms that we should see further bullish momentum!!!!
Bullish pattern for USDJPYas can be seen, the price is facing marked resistance of 156.380 tried a couple of times to break it but couldn't apart from that there is a bullish divergence and major bullish confluence of "cup & handle" pattern and on higher TFs overall trend is bullish which indicate that this resistance is not as strong. Buy stop order has been shown along with the projection of cup & handle pattern
GBPAUD: Consolidation Trading 🇬🇧🇦🇺
GBPAUD is consolidating.
The price is stuck with a horizontal parallel channel on an hourly time frame.
We see a strong bullish reaction to its support.
The pair formed a cup & handle pattern.
With a high probability, the market will keep rising and reach the resistance of the range.
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GOLD (XAUUSD): Pullback From ResistanceGold is likely to continue falling from a significant resistance level on a 4-hour chart.
After the market opened, a cup and handle pattern formed on a 4-hour time frame, with the neckline being broken during this Asian trading session.
The price may soon reach the 2677 support level.
SOLANA to challenge ETH Marketcap. Can it Flip?In the previous cycle, Solana struggled to compete with Ethereum's market cap. Even if you were to subtract Solana's market cap from Ethereum's peak, you'd still find yourself with a surplus of half a billion dollars. However, the situation has changed, as Solana is now less than three times away from surpassing Ethereum, and it's gaining value at a quicker rate. Without a doubt, the quicker horse.
Examining the charts reveals two significant patterns currently at play. Notably, Solana's Cup and handle pattern has already broken through and successfully retested its breakout point, showcasing its relative strength. In contrast, Ethereum's technical pattern has yet to initiate a breakout.
If both patterns achieve their full potential, it’s possible that Solana could indeed surpass Ethereum. There’s also a scenario where Ethereum may not reach its full target and begins to lose momentum around Target 2, allowing Solana to take the lead and dominate for the remainder of the cycle.
I am receptive to all possibilities, including the idea that Ethereum might achieve its full potential not in 2025, but rather in the next cycle or perhaps during a catch-up event at the end of this current cycle. The markets can be unpredictable, particularly in the world of cryptocurrency. However, with Donald Trump's actions, it seems likely that we see a further influx of capital and significant fantastical valuations for many coins during 2025.
ADA - Time to buy again!As you can see, the price is forming two bullish patterns on the DAILY timeframe, If my view is correct, Cardano will rise to $1.45 .
And if this pattern is correct and breaks, higher targets are possible.
Give me some energy !!
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
$ETHUSD Head and Shoulders UpdateThis chart of Ethereum (ETH/USD) on the 12-hour timeframe presents several key technical analysis insights that suggest a potential bullish trend. Notably, an inverse Head and Shoulders (H&S) pattern is visible, with the left shoulder, head, and right shoulder clearly defined. This formation typically signals a bullish reversal when confirmed. The head represents a significant lower low compared to the shoulders, while the right shoulder aligns symmetrically with the left, indicating recovery behavior.
The volume profile on the right side of the chart reveals significant trading activity between $3,000 and $3,500, forming a high-volume node. Above $3,700, there are volume gaps that could result in rapid price movements if the price breaks out upward. Resistance at $3,700 aligns with the top of a wedge pattern, while a larger breakout target zone is identified between $6,000 and $7,000, suggesting significant upward potential if the bullish momentum persists.
Several break-of-structure (BOS) levels are marked on the chart, which highlight pivotal price action shifts. These levels serve as dynamic support and resistance points. A descending trendline, in place since November, has recently been broken, aligning with the inverse H&S pattern to reinforce the bullish outlook. The Stochastic Oscillator at the bottom of the chart shows a clear downtrend in momentum over a 72-hour and 4-hour window, but bullish divergence is forming. While momentum continues to make lower lows, the price action is showing higher lows, indicating a potential upward breakout in the near term.
Finally, support zones are evident around $2,400–$2,700, based on historical lows and high-volume trading activity. If the bullish momentum weakens, these areas could provide a safety net for price action. However, with the current alignment of bullish patterns, the focus remains on breaking the $3,700 resistance level, which could open the door to significant upward movement toward the $6,000–$7,000 target.
BTCUSD 12/20/2024Performance Recap (Previous Analysis from 10/8/2023):
• Entry: 27,948
• Targets Achieved:
o 63k (+127.81%)
o 96k (+244.56%)
• High Reached: 108k
________________________________________
BTC/USD Daily Chart Analysis
Technical Analysis (Current Scenario):
Chart Patterns:
• Cup and Handle Formation:
o Confirmed breakout signals bullish continuation.
o Long-term uptrend reinforced.
Indicators:
• Golden Cross: The 50-day EMA has crossed above the 200-day EMA, signaling a bullish trend.
• MACD: Firmly in bullish territory, confirming positive momentum.
• Hammer Candlestick: Closed at support (around 92K), indicating potential reversal and entry point.
Support and Resistance Levels:
• Support:
o 92K (key level tested multiple times).
o 50-day EMA (current level).
• Resistance:
o None until the 310k target based on the Cup and Handle projection.
________________________________________
Target Analysis:
• Cup and Handle Target:
o Measured distance from the cup's bottom to its neckline.
o Projected Target: 310k.
• Timeline:
o Historical reference to 2013–2017 suggests a 6–8 month timeline with minor pullbacks for additional entry opportunities.
________________________________________
Trade Setup:
• Entry: 97,703.80
• Stop-Loss: 69,092.64 (-29.28%)
• Target 1: 310k (+217.29%, 7.42 RR ratio).
• Target 2: Use a trailing stop based on the 20-day EMA if price exceeds 310k
Summary:
BTC/USD has surged from 27K to 108k since the last analysis, forming a textbook Cup and Handle pattern, which has now broken out, confirming a bullish reversal and signaling a continuation of the long-term uptrend. Key indicators, including a Golden Cross between the 50-day and 200-day EMAs and a bullish MACD, support this momentum.
Currently, BTC is bouncing around the 92K support level and holding above the 50-day EMA, which also acts as a support. The appearance of a Hammer candlestick at this level further solidifies the bullish case and sets the stage for a new long position.
The measured move for the Cup and Handle pattern projects a target of 310k. Drawing from historical price behavior, this uptrend could unfold over the next 6–8 months, with minor pullbacks offering additional entry opportunities.
This setup presents a strong technical case for continued upside, with a clear structure, supportive indicators, and a high-probability target.
EURCAD: Bullish Outlook ExplainedEURCAD formed a significant bullish pattern known as a cup and handle on the 4-hour timeframe.
A break above the horizontal neckline of this pattern is a reliable signal for a bullish trend.
It is highly likely that the market will continue to increase in the upcoming week, with targets set at 1.4854 and 1.4880.
Brilliant formation for the big run everThis crypto is formation Brilliant formation for the big run ever, All bullish patterns are in place to give big bull run
1) Cup and Handle in weekly
2) Falling wedge in Dailuy
3) Inverted head and shoulder in 1 hr time frame
Keep Learning and Keep earning
GK Trade Manthan
Cookie Chart Projecting Cup and Handle and Bullish Flag Pattern.Cookie Chart Projecting Cup and Handle and Bullish Flag Pattern in 1 HTF And 4 HTF.
Entry Stop Loss and Target Profits are mentioned. Trade With Care. After Reaching Tp 1 Break Even Your Position .
Manage Risk According To Your Portfolio.
ADA Outlook after the Dip. What to expect NOW ?As you can see, the price is forming two bullish patterns on the DAILY timeframe. I expect the price to rise to the top of the triangle to complete the handle of the cup and handle pattern. If my view is correct, Cardano will rise to $1.25 .
And if this pattern is correct and breaks, higher targets are possible.
Give me some energy !!
✨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!!
CHFJPY: Important Breakout & Bearish OutlookCHFJPY has broken and closed below a strong horizontal support level on an intraday basis. The highlighted blue area also serves as the neckline of a cup and handle pattern.
This violation could lead to further downward movement in prices.
The next targets to watch for are 171.19, which is the current lower low, and then 170.39.
To enter trades, it is advisable to consider the broken structure.
Full Truck Alliance Co. Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Full Truck Alliance Co. Ltd. Stock Quote
- Double Formation
* (Uptrend Argument)) | Completed Survey
* 10.50 USD | Area Of Value | Subdivision 1
- Triple Formation
* 012345 | Wave Count | Subdivision 2
* Numbered Retracement | Subdivision 3
* Daily Time Frame | Entry Settings Condition
Active Sessions On Relevant Range & Elemented Probabilities;
European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy