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Falling Wedge

SPXUSDT manipulated rise before the fallThe market is pulling back after a strong drop in the Asian session. At the moment, while bitcoin is showing -2%, BINANCE:SPXUSDT.P is accelerating by 15% in the hunt for liquidity. Possible entry into liquidity zone and false resistance breakout False resistance breakout 1) 0.5473 2) 0.6689 Market is bearish, no hint of growth A pullback is forming with the aim of accumulation or liquidity before continuing the fall The fall may continue after the bitcoin correction is over
Short
by AndeWave
3
BTC/USD Forming Bullish Falling Wedge – Potential Target📐 2. Technical Pattern – Falling Wedge A falling wedge forms when the price consolidates between two converging downward-sloping trendlines. It suggests diminishing selling pressure and a likely reversal. Key Characteristics in This Chart: Upper Resistance Trendline: Formed by connecting the series of lower highs. Lower Support Trendline: Formed by connecting the lower lows. The price respects both boundaries, confirming wedge structure. Volume generally decreases during the wedge (implied but not shown). ✅ Bullish Implication: Once price breaks above the upper resistance, it often triggers a sharp upward move due to the squeeze of supply and the build-up of demand. 🧱 3. Support and Resistance Zones 🔻 Resistance Zone: Area: ~100,000 to ~108,000 USD Marked as a wide horizontal band (beige-shaded area). Previous price peaks and consolidations suggest this zone is strong supply. Breakout above this zone could trigger momentum towards the higher target. 🔹 Support Zone: Area: ~72,000 to ~75,000 USD Historical reaction level where buyers previously stepped in. Coincides with the lower wedge boundary and recent bounce points. Repeated tests strengthen this as a reliable accumulation zone. 🎯 4. Trade Setup Strategy 💼 Entry Strategy: Trigger: A confirmed breakout above the wedge’s upper trendline (black diagonal line). Confirmation: A strong bullish daily close above the trendline, ideally with volume spike. The current price (~77,130) is near the lower boundary—offering a potential early entry or low-risk setup with a tight stop. 📌 Stop-Loss Placement: Level: 70,916 USD Below the wedge’s lower support and beneath the broader support zone. Ensures exit if the pattern fails or bears regain control. 🧭 Target Projection: Target Price: 114,562 USD Based on the height of the wedge projected from the breakout point, a standard wedge breakout measurement. Aligns with historical highs and psychological resistance. 🧮 Risk-Reward Ratio: Assuming entry around 77,130: Risk (Stop-Loss): ~6,200 points Reward (Target): ~37,432 points R:R Ratio ≈ 1:6 – Highly favorable ⚙️ 5. Market Psychology & Price Action Insight The falling wedge pattern suggests exhaustion of sellers. Buyers are defending the support zone aggressively—creating higher lows within the wedge. Each bounce is slightly more aggressive, indicating growing bullish sentiment. A breakout from the wedge could act as a catalyst for rapid price acceleration as sidelined bulls enter and shorts cover. 📊 6. Summary of the Setup Component Detail Pattern Falling Wedge (Bullish) Timeframe 1-Day Chart Entry Point Breakout above upper trendline Stop Loss 70,916 USD Target 114,562 USD Support Zone 72,000–75,000 USD Resistance Zone 100,000–108,000 USD Risk/Reward Approx. 1:6 Bias Bullish 📌 Final Thoughts This setup provides a technically sound opportunity with clear invalidation (stop loss) and a well-defined profit target. The risk-to-reward ratio is attractive, and the price structure suggests a bullish reversal is likely, pending a confirmed breakout.
BITSTAMP:BTCUSDLong
by GoldMasterTrades
XAUUSD Analysis Falling Wedge breakout Setup to Target🔍 1. Market Context & Structure Gold has recently experienced a sharp decline, as evident from the aggressive bearish candles leading into the consolidation phase. Following this downward momentum, the market began to consolidate, forming a Falling Wedge pattern—a bullish reversal structure that often signals an impending upside breakout, especially after a strong bearish trend. 📉 2. Falling Wedge Pattern The wedge is formed by two downward-sloping trendlines that converge, containing price within lower highs and lower lows. Notice how price is respecting both boundaries, confirming the validity of the pattern. The pattern also features a series of higher lows, showing a loss of bearish momentum. 🟩 3. Support and Resistance Levels Resistance Zone: Around $3,035 to $3,045 — This level previously acted as a strong supply zone where price was rejected multiple times. Support Zone: Around $2,972 to $2,985 — Clearly marked area where buyers stepped in strongly during the sharp pullback. These levels are critical to observe for any breakout or breakdown confirmation. 📊 4. Trade Plan Based on the Chart ✅ Bullish Bias: Given the falling wedge setup and slowing bearish pressure, the trade idea favors a breakout to the upside. 🔵 Entry Point: A confirmed breakout above the wedge’s upper boundary (around $3,030–$3,035), ideally on strong bullish volume. 🎯 Target: The first take profit level is marked at $3,078.438, aligning with a prior resistance and measured move projection from the wedge’s height. 🔴 Stop Loss: Positioned just below the most recent swing low and wedge boundary at $3,013.707, offering protection if the breakout fails. 🧠 5. Why This Setup Matters Wedge patterns are high-probability when they form after a sharp move, as seen here. Volume confirmation on the breakout would solidify this as a reliable opportunity. Risk-to-reward ratio appears favorable, with a tight stop and a higher projected upside. 🧭 Conclusion This is a textbook falling wedge breakout scenario. The consolidation after a bearish leg, narrowing price action, and repeated support reactions indicate that bulls are gearing up. If Gold breaks above the wedge with momentum, there’s potential to ride the move toward $3,078. Always wait for confirmation and manage your risk accordingly.
OANDA:XAUUSDLong
by GoldMasterTrades
USD Bear is here: Important Analysis on FX Pairs, Stock MarketIn this video I got over some important outlooks on the EUR/USD, GBP/USD and USD/JPY along with outlook on the stock market. The U.S. Dollar has been getting absolutely crushed along with the stock market which usually has the opposite effect. Considering we may be into a stagflation scenario, this is not surprising. Tariffs have spiked volatility and puts the Federal Reserve in a very tight spot of Interest Rate Policy. Interesting times ahead to say the least. From a pure technical analysis point of view, the USD may be set for much further losses as monthly patterns suggest a big move may be on the horizon. Will be keeping a very close eye on these as we move forward in these stormy waters of the U.S. economy. As always, Good Luck & Trade Safe.
by InternalTraderNYC
2
BITCOIN → The price is consolidating, but there is a BUT!BINANCE:BTCUSDT is forming a consolidation after a false breakout of trend resistance. Against the backdrop of the global market crash (stock market, futures, forex) bitcoin looks quite strong, but I wouldn't get excited ahead of time Bitcoin is trading inside a downtrend and also inside a range (global 81200 - 88800 and local 81200 - 85600). As long as the price is inside the local range and below trend resistance it is worth considering selling. There have been periods in history when the price seemed strong in the moment, but then, bitcoin caught up with the fall of indices... The fundamental background for bitcoin is unstable: First of all, the price has hardly reacted in any way to the introduction of tariffs, backlash and economic data. The Fed is not giving a clear signal, the market is in uncertainty. Any info noise ( China, Fed rhetoric, company reports ) can cause shake-ups. But at the same time, the same old problems remain: the crypto community is not getting any support. Bitcoin's dominance is growing against the backdrop of its decline. Altcoins continue to storm the bottom. Technically , the situation is weak, the price cannot update local highs and consolidate above any strong support. It is possible to retest the trend resistance, or the zone of interest 85590 before the reversal and fall. Or, emphasis on the trigger 81187. A breakdown will provoke an impulse. Resistance levels: trend, 85585, 88840. Support levels: 81187, 78170, 73500 Buying in the medium term can be considered either after reaching the main target - 73-66K, or after the exit from the descending channel and price fixation above 88840. Now the emphasis is on a possible fall either from the resistance 85580, or when the support 81180 is broken Regards R. Linda!
BINANCE:BTCUSDLong
by RLinda
62
Bitcoin Holding PRZ Support Lines – Is a Weekend Rebound Coming?First of all, I would like to say that the Trading Volume is generally low on Saturdays and Sundays , so I don't expect the Support Lines and Potential Reversal Zone(PRZ) [$82,340-$82,000 ] to break. Of course, we should always be prepared for any scenario. Bitcoin ( BINANCE:BTCUSDT ) is moving near the Support lines and PRZ , and with the help of the Failed Falling Wedge Pattern , Bitcoin has declined in the last few hours . Educational Note : In technical analysis, if a Reversal Pattern fails , it often acts as a Continuation Pattern instead . I expect Bitcoin to trend upward in the coming hours and be able to reach the targets I have outlined on the chart. Note: If Bitcoin touches $81,900, we should most likely expect more dumping. Please respect each other's ideas and express them politely if you agree or disagree. Bitcoin Analyze (BTCUSDT), 15-minute time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
45
EUR/JPY Falling Wedge Breakout | Bullish Potential Ahead🔍 Chart Overview: EUR/JPY – Daily Timeframe This chart illustrates the price action of the Euro against the Japanese Yen and highlights a Falling Wedge Pattern developing over several months. This is a classic bullish continuation/reversal setup, supported by key technical levels. 📐 1. Chart Pattern: Falling Wedge A falling wedge is a bullish chart pattern that occurs when the market consolidates between two downward-sloping trendlines. Characteristics Seen in the Chart: Converging Trendlines: The upper (resistance) and lower (support) boundaries are both sloping downward, indicating a narrowing price range. Volume (not shown) usually decreases during the formation, followed by a surge on breakout. Multiple Touch Points: The price action respects both boundaries multiple times, confirming the pattern's validity. 🏛️ 2. Key Levels ✅ Support Level (Demand Zone): Marked around 156.000 – 158.000 Multiple bounces from this area, indicating strong buying interest. Aligned with the lower wedge trendline and historical price reaction zones. 🚫 Resistance Level (Supply Zone / Breakout Zone): Around 164.500 – 166.000 Price repeatedly failed to break this level, confirming it as a strong supply area. Confluence of horizontal resistance and the upper wedge boundary. 📊 3. Trade Setup 💼 Entry Strategy: Confirmation Buy: Enter a long position upon a daily candle close above the wedge resistance (around 166.000). Aggressive traders may consider an earlier entry near the wedge’s support with a tight stop. 🎯 Target: The projected target is 172.962, calculated based on the height of the wedge pattern added to the breakout point. This aligns with a previous swing high area, serving as a logical profit-taking zone. 🛑 Stop Loss: Positioned at 155.576, just below the key support zone. This allows the trade room to breathe while protecting against a full pattern failure. ⚖️ 4. Risk Management Risk-to-Reward Ratio (RRR): Target around 172.962 and Stop Loss at 155.576 offer a favorable RRR of approximately 2.5:1 or more, depending on entry. Position Sizing: Use appropriate lot size based on your account risk tolerance (e.g., 1-2% of equity per trade). 📅 5. Timeframe Outlook Medium to Long-Term Setup: Since this is a daily chart, the trade may take weeks to months to fully play out. Patience and proper trade management are essential. 🔎 6. Additional Notes Retest Opportunity: If price breaks out, look for a retest of the resistance zone as new support before continuation to the upside. Fundamental Factors: Keep an eye on EUR and JPY economic data, ECB and BoJ policy announcements, and global risk sentiment, which can influence the pair. 🧭 Professional Takeaway This is a textbook bullish falling wedge pattern within a well-defined technical structure. The chart provides: A clear pattern breakout level, Strong historical support/resistance zones, A defined risk management plan, And a realistic price target based on technical projection. If you are a swing trader or position trader, this setup offers a high-probability opportunity with favorable risk-reward dynamics—provided a breakout is confirmed.
Long
by GoldMasterTrades
JPY/USD Daily Chart – Falling Wedge Breakout & Bullish Target🔍 Full Technical Analysis of JPY/USD (Daily Timeframe) 🧭 Overview The chart shows a sophisticated price structure unfolding over several months. A falling wedge reversal pattern formed during a sustained downtrend, which later transitioned into a bullish breakout and continuation. This analysis provides insights into market behavior, price psychology, and a high-probability trading opportunity supported by classical technical analysis principles. 🔶 1. Market Context & Structure Before diving into the pattern, it’s essential to understand the macro structure of the chart: The pair experienced a strong bearish move from around August to December 2024, marked by lower highs and lower lows. During this decline, volatility gradually decreased, which often indicates seller exhaustion. A reversal zone emerged near a major support region — historically significant and previously tested. 🔷 2. The Falling Wedge Pattern (Reversal Signal) A falling wedge is a bullish reversal pattern that forms when price is in a downtrend but begins to consolidate within converging trendlines. This pattern typically signals that the downtrend is losing momentum and a breakout to the upside is imminent. 📌 Characteristics of This Wedge: Downward Convergence: The highs and lows begin to narrow over time, indicating reduced selling pressure. Volume Decline (Implied): Though not displayed, falling wedges usually see volume dry up before breakout. Duration: This wedge developed over several months (October 2024 – January 2025), lending strength to the pattern. False Break Attempts: Several lower spikes failed to break the support, showing buying interest building. ✅ Bullish Breakout: The breakout occurred decisively in late January 2025, with a large bullish candlestick closing above the upper wedge boundary — a confirmed breakout. Post-breakout, the price rallied strongly, indicating that buyers were firmly in control. 🔷 3. Support & Resistance Zones 🔽 Support Zone (Demand Area): Range: 0.006300 – 0.006400 Historical pivot zone where price previously reversed, now serving as a demand base. The lower wick rejections near this zone reinforce it as a high liquidity zone for buyers. 🔼 Resistance Zone (Supply Area): Range: 0.006850 – 0.006950 This area capped price during several prior rally attempts, making it a key breakout point. Once price broke above this zone, it became a support flip zone, indicating trend reversal confirmation. 🎯 Target Level: Marked at 0.007126, derived from a measured move: Measure the height of the wedge at its widest point. Project this vertically from the breakout level. This target aligns with psychological round numbers and prior resistance, adding confluence. 🔶 4. Post-Breakout Price Action: Bullish Retest A breakout is only the first part of a trade; the retest phase confirms the move and offers an optimal entry. 🔁 Retest Details: After reaching the resistance zone, price pulled back, testing both: The broken wedge trendline (now acting as dynamic support). The horizontal structure support zone near 0.006650–0.006700. A bullish engulfing candle or similar reversal pattern formed at this level — a classic retest entry. 📌 Trendline Respect: A rising dotted trendline was drawn from the breakout low through higher lows. This line acted as price memory and was respected multiple times, reinforcing the uptrend. 🔷 5. Trade Setup Breakdown This is a swing trade setup based on pattern breakout, structural confluence, and trend continuation. Here's how it’s structured: Component Details Pattern Falling Wedge (Reversal) Trade Bias Long (Buy) Entry Price ~0.006700 Stop Loss 0.006614 (below trendline) Target Price 0.007126 (measured wedge move) R/R Ratio Approx. 3:1 Timeframe Daily (Medium-term swing) 🧠 6. Market Psychology & Behavior Understanding the sentiment behind the candles is critical: ❗ Before the Breakout: Sellers dominated but with weakening momentum. Each push down was met with buying strength, seen in long wicks and smaller-bodied candles. ✅ At the Breakout: Buyers overwhelmed sellers, often with a volume spike and wide-bodied green candle. This is usually driven by institutional positioning and stop-loss triggering from short-sellers. 🔁 During the Retest: Some retail traders exited prematurely, fearing a fakeout. Smart money used the dip to accumulate positions, confirmed by the bounce from trendline. 🔼 Continuation Rally: Strong continuation candle signals momentum traders entering. Break above resistance signals a shift in sentiment and structure. 🛠️ 7. Strategy Notes & Professional Tips 📌 Risk Management: Never risk more than 1–2% of capital. Use dynamic trailing stop if price breaks above target zone. 📌 Trade Confirmation Ideas: Look for volume spikes on breakout candles. Use RSI or MACD divergence to confirm reversal (optional). Look for candlestick patterns (engulfing, pin bar) on retests. 📌 Exit Plan: Partial exit at key resistance. Full exit at projected target or if price forms reversal signs (e.g., doji at resistance). ✅ Final Summary This JPY/USD chart demonstrates an exemplary price action-based trading setup rooted in: A well-formed falling wedge (bullish reversal). Clean breakout + retest + continuation structure. Multiple confluence factors: trendline, horizontal S/R, pattern projection. Professional-grade risk/reward profile with a logical entry, stop, and target. This kind of setup is highly favored among swing traders, price action purists, and institutional-level strategists due to its clarity and predictability.
Long
by GoldMasterTrades
Be careful with TRX !!!As you can see, the price has now formed an ascending wedge , which is promising. The price could rise to $0.27 after breaking this wedge... 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!!
Long
by CobraVanguard
EUR/USD: Bullish Falling Wedge Breakout Towards TargetLet’s analyze the 1-hour candlestick chart of EUR/USD (Euro / U.S. Dollar) on TradingView, published by GoldMasterTraders on April 2, 2025, at 19:04 UTC. The chart highlights a trading setup based on a Falling Wedge pattern, indicating a potential bullish breakout. I’ll describe the chart pattern and the trading setup in detail. Chart Pattern: Falling Wedge Pattern Description Type: The chart identifies a Falling Wedge pattern, which is a bullish chart pattern that typically signals a reversal or continuation of an uptrend. A Falling Wedge forms when the price consolidates between two downward-sloping trendlines that converge over time, with the upper trendline (resistance) sloping more steeply than the lower trendline (support). Appearance on the Chart: The Falling Wedge is clearly marked with two converging trendlines: Upper Trendline (Resistance): Connects the lower highs, sloping downward. Lower Trendline (Support): Connects the lower lows, also sloping downward but at a less steep angle. The pattern began forming around March 19, after a sharp decline from 1.9400 to 1.8700, and continued until the breakout on April 2, 2025. Breakout Direction: Falling Wedges are typically bullish, meaning the price is expected to break out to the upside. The chart shows the price breaking above the upper trendline of the wedge around April 2, 2025, with a strong bullish candle, confirming the breakout. The breakout level is around 1.90840, and the price has moved slightly above this level, closing at 1.90864 at the time of the chart. Key Levels and Trading Setup 1. Support Level A horizontal support zone is marked around 1.90730 (approximately 1.9070–1.9080). This level acted as a base during the wedge formation, with the price bouncing off this zone multiple times (e.g., on March 23 and March 30). The support level aligns with the lower boundary of the wedge, reinforcing its significance as a key area of buying interest. 2. Resistance Level A resistance zone is marked around 1.92000 (approximately 1.9190–1.9210). This level corresponds to a previous high reached on March 19, before the wedge formation began. It represents a significant barrier where selling pressure previously emerged. After the breakout, the price is expected to test this resistance as part of the bullish move. 3. Target The target for the breakout is projected at 1.92110. This target is likely calculated by measuring the height of the wedge at its widest point (from the highest high to the lowest low within the pattern) and projecting that distance upward from the breakout point. The chart indicates a potential move of 0.00435 (0.40%), which aligns with the distance from the breakout level (around 1.90840) to the target (1.92110). 4. Stop Loss A stop loss is suggested below the support level at 1.90730. This placement ensures that if the breakout fails and the price falls back into the wedge, the trade is exited with a manageable loss. The stop loss is just below the breakout level (1.90840), with a distance of approximately 0.00110, representing the risk on the trade. Trading Setup Summary Entry: The setup suggests entering a long (buy) position after the price breaks out above the upper trendline of the Falling Wedge, which occurred around April 2, 2025. The breakout is confirmed by a strong bullish candle closing above the trendline at approximately 1.90840. Stop Loss: Place a stop loss below the support level at 1.90730 to protect against a false breakout or reversal. The distance from the breakout level (1.90840) to the stop loss (1.90730) is 0.00110, or about 0.06% of the entry price. Take Profit/Target: Aim for the target at 1.92110, which is near the next significant resistance level. The distance from the breakout level to the target is 0.01270, or a 0.40% move. Risk-Reward Ratio: The risk is 0.00110 (from 1.90840 to 1.90730), and the reward is 0.01270 (from 1.90840 to 1.92110), giving a risk-reward ratio of approximately 11.55:1 (0.01270 / 0.00110). This is an exceptionally high risk-reward ratio, making the setup very attractive, though traders should ensure the breakout is well-confirmed due to the tight stop loss. Additional Observations Price Action Context: Before the wedge formed, the price experienced a sharp decline from 1.9400 (March 13) to 1.8700 (March 19), indicating a strong bearish trend. The Falling Wedge represents a consolidation phase within this downtrend, and the upside breakout suggests a potential reversal or at least a corrective move higher. Volume and Momentum: The chart doesn’t display volume or momentum indicators (e.g., RSI, MACD). However, a typical confirmation of a Falling Wedge breakout would include: An increase in volume on the breakout candle, indicating strong buying interest. Bullish momentum signals, such as an RSI above 50 or a bullish MACD crossover. Traders might want to check these indicators for additional confirmation of the breakout’s strength. Timeframe: This is a 1-hour chart, so the setup is intended for short-term trading, with the target potentially being reached within a few hours to a day. Market Context: EUR/USD is influenced by factors like U.S. dollar strength, Eurozone economic data, and interest rate differentials. A bullish move in EUR/USD could be driven by a weaker dollar (e.g., due to dovish U.S. economic data) or positive Eurozone developments. Conclusion The TradingView idea presents a bullish setup for EUR/USD based on a Falling Wedge pattern on the 1-hour chart. The price has broken above the wedge’s upper trendline, confirming a bullish move with a target of 1.92110. The setup includes a stop loss at 1.90730 to manage risk, offering an impressive risk-reward ratio of 11.55:1. Key levels to watch include the support at 1.90730 and the resistance at 1.92000. Traders should consider additional confirmation from volume and momentum indicators, as well as broader market conditions, before executing the trade. Since this chart is from April 2, 2025, market conditions may have evolved, and I can assist with searching for more recent data if needed!
Long
by GoldMasterTrades
XAG/USD Bullish Setup - Falling Wedge Breakout Towards TargetChart Overview Asset: Silver / U.S. Dollar (XAG/USD) Timeframe: 1-hour (1H) Date and Time: Published on April 2, 2025, at 11:17 UTC Publisher: GoldMasterTraders on TradingView Current Price (at the time of the chart): Open: 33.82300 High: 33.89005 Low: 33.79435 Close: 33.88880 Change: -0.05780 (-0.20%) Price on the Right Axis: The price scale ranges from approximately 32.80000 to 35.25000, with the current price around 33.88880. Chart Elements and Technical Analysis 1. Candlestick Price Action The chart displays a 1-hour candlestick representation of XAG/USD, showing price movements from late March to early April 2025. Trend Context: Prior to the formation of the pattern, the price experienced a sharp rally from around 32.80000 (March 21) to a high near 34.60000 (March 27). This indicates a strong bullish trend. Following this rally, the price entered a consolidation phase, forming lower highs and lower lows, which is characteristic of the Falling Wedge pattern. Recent Price Action: On April 2, the price appears to have broken out of the wedge pattern, closing above the upper trendline with a strong bullish candle. The current price of 33.88880 is above the breakout level, suggesting a potential continuation of the uptrend. 2. Chart Pattern: Falling Wedge Pattern Identification: The chart highlights a Falling Wedge pattern, a bullish chart pattern that can act as either a reversal or continuation pattern. In this case, given the preceding uptrend, it’s likely a continuation pattern. A Falling Wedge is characterized by two converging trendlines: Upper Trendline (Resistance): Connects the lower highs, sloping downward. Lower Trendline (Support): Connects the lower lows, also sloping downward but at a less steep angle than the upper trendline. The wedge started forming around March 27, after the price peaked near 34.60000, and continued until the breakout on April 2. Pattern Dynamics: The narrowing range between the trendlines indicates decreasing selling pressure and a potential buildup of buying interest. Falling Wedges typically resolve with a breakout to the upside, as the price breaks above the upper trendline, signaling a resumption of the prior trend (bullish in this case). Breakout Confirmation: The price broke above the upper trendline of the wedge on April 2, with a strong bullish candle closing at 33.88880. This breakout is a key signal for a potential upward move. The breakout level appears to be around 33.85000–33.90000, and the price is currently holding above this level, which is a positive sign for bulls. 3. Key Support and Resistance Levels Support Level: A horizontal support zone is marked around 33.58553 (approximately 33.58–33.60). This level acted as a significant support during the wedge formation, with the price bouncing off this zone multiple times (e.g., on March 28 and March 31). The support level aligns with the lower boundary of the wedge, reinforcing its importance as a key area of buying interest. Resistance Level: A resistance zone is marked around 34.60000 (approximately 34.60–34.80). This level corresponds to the high reached on March 27, before the wedge formation began. It represents a significant barrier where selling pressure previously emerged. After the breakout, the price is expected to test this resistance as part of the bullish move. Target Level: The target for the breakout is projected at 34.82470 (approximately 34.82). This target is likely calculated using the standard method for wedge patterns: measuring the height of the wedge at its widest point (from the highest high to the lowest low within the pattern) and projecting that distance upward from the breakout point. The target of 34.82470 is just above the resistance zone, suggesting that a break above 34.60000 could lead to further upside toward this level. 4. Stop Loss and Risk Management Stop Loss: The stop loss is suggested below the support level at 33.58553. Placing the stop loss below this level ensures that if the breakout fails and the price falls back into the wedge, the trade is exited with a controlled loss. The distance from the breakout level (around 33.90000) to the stop loss (33.58553) is approximately 0.31447, which represents the risk on the trade. Risk-Reward Ratio: The chart indicates a risk-reward ratio of 0.9467 (2.80% / 9,469.7). The potential reward is the distance from the breakout level (33.90000) to the target (34.82470), which is approximately 0.92470, or a 2.80% gain. The risk is the distance to the stop loss (0.31447), making the risk-reward ratio approximately 2.94:1 (0.92470 / 0.31447), which is favorable for a trading setup. 5. Additional Annotations Arrows and Labels: A blue arrow labeled “Falling Wedge” points to the pattern, clearly identifying it for viewers. A green arrow labeled “Support Level” points to the 33.58553 zone, indicating where buyers have stepped in. A red arrow labeled “Resistance Level” points to the 34.60000 zone, highlighting the next significant barrier. A blue arrow labeled “Target” points to 34.82470, showing the projected price objective. A blue arrow labeled “Stop Loss” points to 33.58553, indicating the risk management level. Price Labels on the Right Axis: The right axis shows key price levels, with the current ask price at 33.89900 (red) and bid price at 33.88558 (black), reflecting the live market spread. Trading Setup Breakdown Based on the chart, here’s the detailed trading setup: Entry: Position: Long (buy) XAG/USD. Entry Point: The setup suggests entering after the price breaks out above the upper trendline of the Falling Wedge, which occurred around 33.85000–33.90000 on April 2. Confirmation: The breakout is confirmed by a strong bullish candle closing above the trendline, with the current price at 33.88880, slightly below the high of 33.89005 but still above the breakout level. Traders might wait for a retest of the breakout level (now acting as support) for a safer entry, though this isn’t explicitly suggested in the chart. Stop Loss: Level: Place the stop loss below the support level at 33.58553. Rationale: This placement protects against a false breakout. If the price falls back below the wedge’s upper trendline and breaches the support, the bullish thesis is invalidated, and the trade should be exited. Risk: The distance from the entry (33.90000) to the stop loss (33.58553) is 0.31447, or approximately 0.93% of the entry price. Take Profit/Target: Level: The target is set at 34.82470. Rationale: This target is derived from the height of the wedge projected upward from the breakout point. It also aligns with a logical extension beyond the resistance at 34.60000. Reward: The distance from the entry (33.90000) to the target (34.82470) is 0.92470, or approximately 2.80% of the entry price. Risk-Reward Ratio: The risk-reward ratio is approximately 2.94:1, which is attractive for a trading setup. For every unit of risk (0.31447), the potential reward is nearly 3 units (0.92470). Trade Management: Trailing Stop: Once the price approaches the resistance at 34.60000, traders might consider trailing the stop loss to lock in profits, especially if the price shows signs of stalling. Partial Profit Taking: Some traders might take partial profits at the resistance level (34.60000) and let the remaining position run toward the target. Broader Market Context Trend Analysis: The broader trend before the wedge was bullish, as evidenced by the rally from 32.80000 to 34.60000. The Falling Wedge, therefore, acts as a consolidation within this uptrend, and the breakout suggests a continuation of the bullish trend. The price action after the breakout will be critical. A strong move toward 34.60000 with high volume would confirm the bullish momentum. Volume and Momentum: The chart doesn’t display volume or momentum indicators (e.g., RSI, MACD). However, a typical confirmation of a Falling Wedge breakout includes: Volume: An increase in volume on the breakout candle, indicating strong buying interest. Momentum: A bullish signal from indicators like RSI (e.g., moving above 50 or 70) or MACD (e.g., a bullish crossover). Traders should check these indicators to validate the breakout’s strength. Market Factors: Silver prices are influenced by factors like U.S. dollar strength, interest rates, inflation expectations, and geopolitical events. On April 2, 2025, traders should consider: U.S. Dollar Index (DXY): A weakening dollar typically supports higher silver prices. Economic Data: Key releases like U.S. non-farm payrolls, inflation data, or Federal Reserve statements around this time could impact silver. Geopolitical Events: Any risk-off sentiment (e.g., due to global tensions) could drive safe-haven demand for silver. Potential Risks and Considerations False Breakout: If the price fails to hold above the breakout level (33.85000–33.90000) and falls back into the wedge, the setup is invalidated. The stop loss at 33.58553 mitigates this risk. Resistance at 34.60000: The resistance level has previously capped the price, and there’s a risk of rejection at this level. Traders should watch for bearish price action (e.g., a shooting star or bearish engulfing candle) near 34.60000. Market Volatility: Silver can be volatile, especially on a 1-hour timeframe. Unexpected news or economic data could lead to sharp price swings, potentially triggering the stop loss prematurely. Timeframe Limitations: This is a short-term setup on a 1-hour chart, so the target might be reached within hours to a couple of days. However, intraday noise could lead to choppy price action, requiring active trade management. Conclusion The TradingView chart by GoldMasterTraders presents a well-structured bullish trading setup for XAG/USD based on a Falling Wedge pattern. The price has broken out above the wedge’s upper trendline on April 2, 2025, signaling a potential move toward the target of 34.82470. Key levels include support at 33.58553 (where the stop loss is placed) and resistance at 34.60000, which the price must overcome to reach the target. The setup offers a favorable risk-reward ratio of approximately 2.94:1, making it an attractive trade for short-term traders. However, traders should confirm the breakout with additional indicators (e.g., volume, RSI) and monitor broader market conditions, as this chart is a snapshot from April 2, 2025, and market dynamics may have evolved since then. If you’d like to search for more recent data on XAG/USD or check the outcome of this setup, I can assist with that!
OANDA:XAGUSDLong
by GoldMasterTrades
Bitcoin (BTC/USD) 1-Hour Chart Analysis – Professional BreakdownThis BTC/USD 1-hour chart showcases a falling wedge breakout, indicating a potential bullish reversal after a downtrend. The analysis suggests that Bitcoin could move toward its next resistance target of $87,550, offering a profitable long setup for traders. Let's analyze the chart in detail. 1️⃣ Market Context: Understanding the Trend 📉 Previous Downtrend Before the wedge formation, Bitcoin was in a strong downtrend after reaching a resistance level near $87,000–$88,000. Sellers took control, creating lower highs and lower lows, forming a descending wedge pattern. The price declined sharply, reflecting profit-taking, increased supply, and weak demand. 📊 Current Market Setup Bitcoin found strong support around $81,412, a level where buyers have stepped in multiple times. The price action compressed into a falling wedge, a classic bullish reversal pattern, indicating that bearish momentum was weakening. The breakout from the wedge suggests that bulls are regaining control, signaling a potential uptrend. 2️⃣ Key Technical Levels & Market Structure 🔹 Resistance Level ($87,000–$88,000) This zone has acted as a strong supply area where Bitcoin previously struggled to break through. If Bitcoin approaches this level again, a break and retest scenario would be ideal for further continuation. 🔹 Support Level ($81,412) This area has provided multiple bounces, confirming it as a demand zone where buyers are actively defending. A break below this support would invalidate the bullish setup and could lead to a downward move. 📍 Breakout Confirmation The falling wedge breakout is confirmed by bullish price action and strong buying pressure. Bitcoin is now forming higher lows, indicating a potential trend reversal. 3️⃣ Technical Chart Pattern: The Falling Wedge 📌 What is a Falling Wedge? A falling wedge is a bullish pattern that forms when price consolidates between two converging downward-sloping trendlines before breaking out upward. ✅ Characteristics of a Falling Wedge in This Chart Series of lower highs and lower lows, forming a contracting price range. Decreasing bearish momentum, seen by smaller candles near the support zone. Bullish breakout with strong momentum, signaling a reversal. 💡 Implication: A breakout from a falling wedge often leads to a strong upward move, especially if volume supports the breakout. 4️⃣ Trading Setup & Strategy 📍 Entry Strategy A confirmed breakout above the wedge with a strong bullish candle. A pullback and retest of the breakout level can provide a high-probability entry point. 🎯 Target Levels Primary Target: $87,550 (Projected based on wedge height). Extended Target: Above $88,000 if momentum continues. 🛑 Stop-Loss Placement Below the support zone at $81,412 to minimize risk. If Bitcoin falls below this level, it invalidates the bullish setup. 5️⃣ Risk & Considerations ⚠️ Potential Risks to Watch Fake Breakouts: If BTC fails to hold above the breakout level, it could result in a bull trap, causing a price reversal. Market Volatility: Crypto markets are highly volatile, and external factors (such as macroeconomic news or regulatory updates) could impact price movements. Resistance Pressure: The $87,000–$88,000 zone could act as a strong resistance, leading to possible consolidation before a decisive move. ✅ Risk Management Tips: Keep a tight stop-loss below key support. Adjust position size based on volatility. Wait for confirmation before entering trades to avoid false breakouts. 6️⃣ Conclusion: Bullish Bias but Caution Advised 📈 Bitcoin is showing signs of a potential uptrend after breaking out from the falling wedge pattern. However, traders should watch for a confirmation of strength before entering long positions. Key Points to Watch: BTC needs to hold above $83,500 to sustain bullish momentum. A strong candle close above $85,000 will further confirm bullish control. The $87,550–$88,000 resistance zone will be a crucial test for the next move. 🚀 Bullish outlook remains valid unless BTC drops below $81,412. Hashtags for TradingView Idea #Bitcoin #BTCUSD #CryptoTrading #TechnicalAnalysis #FallingWedge #CryptoSignals #TradeSetup #TradingStrategy
BITSTAMP:BTCUSDLong
by GoldMasterTrades
EUR/GBP Bullish Breakout from Falling Wedge – Buy Setup!Introduction This EUR/GBP 4-hour chart analysis presents a high-probability bullish trading setup based on a falling wedge breakout. A falling wedge is a reliable bullish reversal pattern, signaling that selling pressure is fading, and buyers are regaining control. The price has now broken out of the wedge, confirming potential upside momentum. This setup provides a well-defined entry, stop-loss, and target level, allowing traders to capitalize on the bullish breakout while maintaining a proper risk management strategy. 1. Chart Pattern: Falling Wedge (Bullish Reversal) The primary pattern on the chart is a falling wedge, which is a bullish reversal pattern that forms after a downtrend. It is characterized by converging downward-sloping trendlines, indicating that sellers are gradually losing momentum. 🔹 Key Characteristics of the Falling Wedge Pattern: Lower highs & lower lows within a narrowing price range. Decreasing selling pressure, indicating a potential shift in trend. A bullish breakout above the upper trendline confirms a reversal. Typically followed by a strong price surge, aiming for previous resistance levels. The price action confirms this pattern as it broke above the wedge's upper boundary, signaling the start of a bullish trend. 2. Key Technical Levels & Market Structure 🔹 Resistance Level (Target) – 0.84183 This level marks a previous strong resistance zone, where the price faced rejection multiple times. It serves as the primary profit-taking area for this setup. A successful breakout and close above this level could lead to further upside movement. 🔹 Support Level – 0.83154 This is the major demand zone where price previously bounced. Strong buying pressure emerged at this level, leading to the recent breakout. It serves as an important level to define risk and set stop-loss orders. 🔹 Stop-Loss Placement – Below 0.83154 A stop-loss is placed slightly below the support zone, ensuring a logical exit if the market reverses. This prevents unnecessary losses while allowing room for normal price fluctuations. 🔹 Entry Point Consideration Ideal entry: Around 0.83700, just after the breakout confirmation. Confirmation: A strong bullish candle closing above the wedge. 3. Trade Execution Plan: Long Setup 📌 Trade Idea – Bullish Setup 📈 Buy Entry: 0.83600 – 0.83700 (After wedge breakout) 🎯 Target: 0.84183 (Major resistance level) ❌ Stop-Loss: 0.83154 (Below support level) 🔄 Risk-to-Reward Ratio (RRR): ~1:1 📊 Risk Management Strategy Trade with discipline: Never risk more than 1-2% of your capital per trade. Adjust position size: Based on risk tolerance and account balance. Use trailing stops: To secure profits if price continues upward. 4. Market Sentiment & Price Action Analysis Prior Uptrend: The price previously had a strong bullish rally, indicating overall bullish strength. Corrective Move: The market entered a falling wedge correction, allowing for a healthy pullback before resuming the trend. Breakout Confirmation: The breakout above the wedge's upper trendline confirms bullish momentum. 📊 Factors Supporting a Bullish Move: ✅ Breakout confirmation above the wedge pattern. ✅ Higher buying volume supporting the move. ✅ Support level holds strong, preventing further downside. 5. Trading Psychology & Risk Considerations ⚠️ Key Considerations Before Entering the Trade: ✔ Wait for confirmation – Ensure a strong breakout candle before entering. ✔ Avoid chasing the price – Enter at a reasonable pullback level post-breakout. ✔ Monitor economic events – Watch for news that could impact EUR/GBP volatility. ✔ Follow a strict risk-reward ratio – Stick to your predefined stop-loss and target. 6. Conclusion – Bullish Outlook This falling wedge breakout on EUR/GBP suggests a bullish reversal, offering a high-probability long trade setup. The price is expected to move towards the 0.84183 resistance level, with 0.83154 as the key stop-loss level. ✅ Bias: Bullish 🎯 Target: 0.84183 ❌ Stop Loss: 0.83154 📊 Risk-to-Reward: ~1:1 📌 TradingView Idea Title & Description Title: 🚀 EUR/GBP Falling Wedge Breakout – Bullish Move Incoming! Description: 📈 Bullish breakout confirmed! EUR/GBP has broken out of a falling wedge, signaling a trend reversal. A long position above 0.83600 targets the 0.84183 resistance level with a stop-loss at 0.83154. Watch for strong bullish momentum! 📊💹 💡 Risk Management: Stick to your stop-loss, and don’t chase price action. Manage your trade wisely! 🔥
Long
by GoldMasterTrades
BITCOIN → Break of the bullish structure. Moving to 78-68KBINANCE:BTCUSD has been slowly recovering for the last two weeks, but failed to overcome the resistance. The bears held the trend. The price is breaking the local bullish structure and preparing for a strong fall. Bitcoin's fundamental background is weak, expectations were not met by the crypto summits, nor by any major announcements or hints of a crypto reserve. The crypto community still didn't get what they expected from Trump. The strong drop was triggered by the SP500 index falling, driven by rising inflation, reduced consumer pressure and new trade tariffs. These factors have contributed to increased uncertainty in the markets, prompting investors to move to safer assets such as gold and government bonds Technically, the price has been in consolidation (correction channel) for two weeks and after breaking the support of the figure, the price entered the realization phase within the global downtrend. Resistance levels: 85300, 86350, 89400 Support levels: 83600, 81270, 79980, 78100 Emphasis on the support at 83600. The price fixing under this zone may provoke further fall to 80-78K. But I do not exclude the fact that a small correction to the zone of interest is possible (to capture liquidity) before a further fall to the previously identified key zones of interest. Regards R. Linda!
BINANCE:BTCUSDShort
by RLinda
45
CHF/USD Weekly Forecast: Falling Wedge Breakout Towards TargetMarket Overview: Bullish Reversal in CHF/USD The Swiss Franc (CHF) / U.S. Dollar (USD) currency pair has recently broken out of a Falling Wedge pattern, signaling a bullish trend reversal. This breakout is significant as it suggests the end of a prolonged downtrend and the beginning of a new upward momentum. Traders who capitalize on this pattern could benefit from potential long opportunities. This analysis will cover the chart pattern, key levels, trading setup, risk management, and market sentiment, providing a comprehensive professional breakdown of the CHF/USD price action. 1. Chart Pattern: Falling Wedge – Bullish Breakout A Falling Wedge is a well-known bullish reversal pattern that forms when price action creates lower highs and lower lows, but the slope of the highs is steeper than the lows. This leads to a narrowing structure that suggests sellers are losing strength, paving the way for a bullish breakout. Pattern Characteristics: ✔ Prior Downtrend: The CHF/USD pair was in a sustained bearish trend before forming the wedge. ✔ Converging Trendlines: Price action squeezed into a wedge formation, showing decreasing volatility. ✔ Breakout Confirmation: The price successfully broke above the wedge resistance, signaling a shift in market sentiment. ✔ Retest Possibility: Price may revisit the breakout zone before continuing its uptrend. A breakout from a falling wedge typically leads to a sharp bullish rally, making this a high-probability trading opportunity. 2. Key Technical Levels: Support & Resistance Support Zones (Buying Interest): 🔵 1.0835 – 1.1000: This zone has acted as strong support where buyers stepped in aggressively. 🔵 1.1071 – 1.1095: A short-term support level that aligns with recent price action, making it a critical stop-loss area. Resistance Zones (Profit Targets): 🔴 1.1483 – 1.1550 (Primary Resistance): Price has struggled at this level previously, making it the first target for a bullish move. 🔴 1.1600 (Major Resistance): If the uptrend continues, this level will act as the next major challenge. 🔴 1.1909 (Extended Target): A long-term resistance level where price has historically reversed. 3. Trading Strategy & Entry Setup Now that we have identified the breakout and key levels, let’s design a strategic trading plan. 📌 Entry Points for Long Trades: ✅ Aggressive Entry: Buy at the current price after the breakout, expecting continuation. ✅ Conservative Entry: Wait for a retest of the wedge breakout zone or support near 1.1071 – 1.1095 before entering long. 📌 Stop-Loss Placement (Risk Management): ❌ Stop below 1.1071: This level is a strong support area, and a break below it may invalidate the bullish setup. ❌ Alternative Stop below 1.1000: A safer option for long-term traders to avoid stop-hunting. 📌 Take-Profit Levels: 🎯 Target 1: 1.1483 – 1.1550 (Primary Resistance Zone) 🎯 Target 2: 1.1600 (Stronger resistance where partial profits can be booked) 🎯 Target 3 (Extended): 1.1909 (For swing traders holding positions longer) 📌 Risk-Reward Ratio: A proper Risk-to-Reward (R:R) ratio of at least 1:2 should be followed for efficient trade management. This means: Risking 50 pips to gain 100 pips (or more) for profitable trading. 4. Market Sentiment & Confirmation Signals ✔ RSI (Relative Strength Index): Above 50? Bullish confirmation. Near 70? Overbought zone, potential pullback. ✔ MACD (Moving Average Convergence Divergence): Bullish Crossover? Strengthens buy signal. Divergence? Confirms price momentum. ✔ Volume Analysis: High volume on breakout? Confirms strong buying interest. Low volume? Beware of false breakout. ✔ Fundamental Factors: Swiss National Bank (SNB) Policy: If SNB maintains dovish policies, CHF could weaken, pushing CHF/USD higher. US Federal Reserve Stance: A strong USD could slow CHF/USD gains. 5. Conclusion & Trading Plan 🔹 Summary of Trade Setup: ✅ Bullish breakout from Falling Wedge – high-probability long trade ✅ Retest of breakout zone may offer better entry ✅ Major support at 1.1000 – 1.1071 ✅ Targeting 1.1550 – 1.1909 range 🚀 Final Trading Plan: 📌 Buy CHF/USD above 1.1100 – 1.1150 📌 Stop-loss below 1.1071 📌 Take Profit 1: 1.1550 📌 Take Profit 2: 1.1600 📌 Take Profit 3 (Swing Trade): 1.1909 📢 Pro Tip: Always confirm breakout volume before entering. Monitor economic events affecting CHF & USD. Use proper risk management (1-2% of account per trade). 📊 Final Verdict: 🔥 CHF/USD is in a bullish setup after breaking out from a Falling Wedge. Traders should look for buy opportunities on pullbacks while targeting resistance levels. 🚀
Long
by GoldMasterTrades
JPY/USD Weekly Forecast – Falling Wedge Breakout & Bullish MoveChart Overview This chart presents a technical analysis of the Japanese Yen (JPY) against the U.S. Dollar (USD) on a daily timeframe, published on TradingView. The setup is based on a Falling Wedge pattern, which has led to a bullish breakout, signaling a potential price rally. Let's break it down step by step. 1️⃣ Identifying the Pattern – Falling Wedge Formation The primary pattern identified in the chart is a Falling Wedge, which is a well-known bullish reversal pattern. Characteristics of the Falling Wedge in this Chart: Two downward-sloping trendlines (black lines) forming a wedge shape. Price makes lower highs and lower lows, but the distance between highs and lows gradually narrows. The breakout occurs when price closes above the upper trendline, confirming a potential uptrend. Key Observations: ✅ The pattern starts forming around September 2024 and continues until December 2024. ✅ A breakout occurs at the end of December 2024, confirming bullish momentum. ✅ After breaking out, the price retests the wedge's upper boundary, acting as new support before continuing upward. 2️⃣ Support & Resistance Zones – Key Price Levels Support Level: The support zone is marked in a beige rectangle at the bottom of the chart. This is where buyers repeatedly stepped in, preventing further decline. The price touched this area multiple times before reversing upwards, making it a strong demand zone. Resistance Level: The resistance zone is identified at the top of the chart (shaded beige area). This level represents previous price peaks, where selling pressure was strong. The price is expected to face some resistance when approaching this zone. 3️⃣ Trend Reversal Confirmation & Bullish Structure After breaking out of the falling wedge, the price has started forming higher highs and higher lows, indicating an uptrend. Key Trend Indicators: ✔ Curved blue dashed line suggests an upward trajectory, confirming a rounded bottom reversal. ✔ Price is following a trendline support, validating bullish sentiment. ✔ Momentum is strong, and buyers are in control after the breakout. 4️⃣ Trading Setup – Entry, Stop Loss & Take Profit This analysis is structured into a trading plan with clear risk management. 📌 Entry Point (Buy Confirmation) Entry is ideal on a retest of the breakout zone or a continuation of the bullish structure. The recent higher low serves as a great point to confirm trend continuation. 📌 Stop-Loss Placement Stop-loss is placed at 0.006465 (marked in blue), below the latest support. This level ensures protection against false breakouts. 📌 Take Profit Target The target is set at 0.007128, aligning with historical resistance. If momentum remains strong, the price might push even higher. 5️⃣ Risk-to-Reward Ratio (RRR) & Trade Justification Risk-to-Reward Analysis: Stop-Loss: 0.006465 (below support) Entry Price: Around 0.006671 Target Price: 0.007128 Risk-to-Reward Ratio: Approximately 1:2.5, meaning for every $1 risked, there's a $2.5 potential gain. Trade Justification: ✔ Falling Wedge breakout is confirmed. ✔ Retest of broken resistance turned support gives an ideal entry. ✔ Bullish trend structure supports the upside move. ✔ Well-defined stop-loss and take-profit levels provide controlled risk exposure. 6️⃣ Final Thoughts & Conclusion 📌 This is a textbook bullish setup based on a Falling Wedge breakout. The combination of pattern breakout, trend structure, and strong support makes this a high-probability trade. 📌 Potential Risks to Watch: If price fails to hold above stop-loss, it could indicate bullish weakness. Major macroeconomic news or fundamental events can shift momentum. 📌 Overall Bias: ✅ Bullish towards the 0.007128 target, as long as the price remains above key support zones.
Long
by GoldMasterTrades
CAT - Falling Wedge PatternKUCOIN:CATUSDT (3D CHART) Technical Analysis Update CAT is currently trading at $0.000008225 and showing overall bullish sentiment Price has broken out from the falling wedge pattern and we are seeing beginning of the bullish trend. Expecting this trend to continue until the price hits the resistance zone. Entry level: $0.000008225 Stop Loss Level: $0.000004602 TakeProfit 1: $0.000011536 TakeProfit 2: $0.000011536 TakeProfit 3: $0.000034238 TakeProfit 4: $0.000065098 Max Leverage: 2x Position Size: 1% of capital Remember to set your stop loss. Follow our TradingView account for more technical analysis updates. | Like, share, and comment your thoughts. Cheers GreenCrypto
Long
by GreenCryptoTrades
SUI - Falling Wedge - Confirmed BreakoutBINANCE:SUIUSDT (1D CHART) Technical Analysis Update SUI is currently trading at $2.77 and showing overall bullish sentiment Price has formed nice falling wedge and we see a clear breakout from the falling wedge pattern. I'm expecting this trend to hold and read the resistance level around $5.3 Entry level: $2.7 Stop Loss Level: $1.8 TakeProfit 1: $3.1 TakeProfit 2: $4 TakeProfit 3: $5.3 Max Leverage: 2x Position Size: 1% of capital Remember to set your stop loss. Follow our TradingView account for more technical analysis updates. | Like, share, and comment your thoughts. Cheers GreenCrypto
Long
by GreenCryptoTrades
GOLD → Price returns to the channel to form a bullish structureFX:XAUUSD is completing a correction, breaking channel resistance and consolidating above the downtrend line. Traders are waiting for economic data and tariff war actions Trump confirmed plans to impose retaliatory tariffs on April 2, limiting exemptions. The new duties have raised fears for the U.S. economy, which has weakened the dollar and boosted demand for gold.Markets are also keeping an eye on talks between the U.S., Ukraine and Russia.Focus is also on US durable goods orders data - a strong reading could cool expectations of a Fed rate cut, limiting gold's gains Resistance levels: 3033, 3045, 3056 Support levels: 3013, 3004 Gold may test the support zone before rising further. The focus is on the current consolidation 3033 - 3013. A key resistance is formed ahead, a breakdown of this zone may provoke a continuation of growth to 3045 - 3056. Regards R. Linda!
FX:XAUUSDLong
by RLinda
6
IPUSDT → Exit from the triangle may trigger a distribution ofBINANCE:IPUSDT.P is forming positive preconditions for possible growth. Bitcoin slightly revitalized the market after positive news related to SEC and XRP (the crypto community did not miss this fact) The IP coin was in consolidation for a long time - a symmetrical triangle. Rising lows, consolidation, breakout of triangle resistance give positive signs of readiness for distribution (realization of consolidation). Ahead is the key resistance at 5.6297 separating the market from the free zone Resistance levels: 5.6297, 6.631 Support levels: 5.116, 4.783 Price has been sticking to triangle resistance for the past few days and is gaining potential for breakout and realization. Numerous intraday retests of the area indicate the market's interest to break beyond this zone. A breakout of 5.6297 and price consolidation above the triangle will be a good signal of readiness to go up. Regards R. Linda!
Long
by RLinda
2
Baidu Inc. (BIDU) 1WTechnical Analysis 1W A breakout from the "falling wedge" could signal potential upside. Key levels: -Support: 94.26 | 77.24 -Resistance: 107.61 | 116.99 | 156.75 Fundamental Analysis -AI Leadership: Baidu continues expanding in AI, cloud computing, and autonomous driving. -Financials: Solid revenue growth but faces regulatory risks in China. -Competition: Strong rivalry with Alibaba and Tencent in AI and cloud services. -Risks: U.S.-China tensions and economic slowdown may impact performance. A breakout above $116.99 could confirm further upside.
NASDAQ:BIDULong
by TotoshkaTrades
S/USDT: FALLING WEDGE BREAKOUT!! 🚀 Hey Traders! SONIC Breakout Alert – ATH Incoming? 👀🔥 If you’re excited for this setup, smash that 👍 and hit Follow for premium trade ideas that actually deliver! 💹🔥 🔥 SONIC/USDT – Breakout & Retest in Play! 🚀 SONIC is breaking out of a falling wedge on the 4H timeframe and is currently retesting the breakout level. With momentum building, we’re expecting a move toward ATH soon. 💰 Trade Setup: 📍 Entry: CMP, add more up to $0.50 🎯 Targets: $0.56 / $0.62 / $0.69 / $0.78 / $0.85 / $0.96 🛑 Stop-Loss: $0.46 ⚡ Leverage: Low (Max 5x) 🔎 Strategy: Enter with low leverage now Add more on dips and ride the wave higher 💬 What’s Your Take? Are you bullish on SONIC’s breakout? Share your analysis, predictions, and strategies in the comments! Let’s lock in those gains and ride this pump together! 💰🚀🔥
Long
by CoreCrypto1
4