Bitcoin may exit of pennant and then rebound up of support areaHello traders, I want share with you my opinion about Bitcoin. Earlier, the price was moving inside an upward channel, respecting both the resistance and support boundaries. After reaching the buyer zone (110200–109500 points), BTC made a strong impulse up, breaking out of the channel and entering a new phase of growth. This breakout led to the formation of a bullish pennant, which often signals a continuation of the uptrend. Right now, the price is testing the support area between 117000 and 117800, which previously acted as a breakout zone and now serves as a current support level (117000). The structure shows that this level has already worked as a rebound zone multiple times. In my opinion, BTC may continue the correction toward this support area, potentially exiting the pennant to the downside for a short-term pull-back. After that, I expect a new upward movement, targeting the next local high. That’s why I set my TP at 122500 points, which is just below the recent ATH. Given the impulse move, strong support zone, breakout from the channel, and the bullish pennant pattern, I remain bullish and expect BTC to resume its upward trend soon. Please share this idea with your friends and click Boost 🚀
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Parallel Channel
XRP → ATH retest. Reversal or continued growth?BINANCE:XRPUSDT.P is rallying and ready to test the resistance zone - ATH. Against this backdrop, Bitcoin is consolidating after a bull run. The liquidity pool may hold back growth.
Fundamentally, there is excitement across the entire cryptocurrency market. Altcoins are rallying after Bitcoin hit a new high and entered consolidation. The BTC.D index is declining, which generally provides a good opportunity for altcoins to grow. However, the index is approaching technical support, which may affect market sentiment overall...
As for XRP, there is a fairly strong liquidity pool ahead — the ATH resistance zone. The price is in a distribution phase after a change in character and a breakout of the downtrend resistance in the 2.33 zone. The momentum may exhaust its potential to break through the 3.35-3.34 zone, and growth may be halted for correction or reversal (in correlation with Bitcoin's dominance in the market).
Resistance levels: 3.35-3.40
Support levels: 3.0, 2.64
A breakout of resistance without the possibility of further growth, a return of the price below the level (i.e., inside the global flat) will confirm the fact of a false breakout of resistance, which may trigger a correction or even a reversal.
Best regards, R. Linda!
GOLD - Price may bounce up to $3375 level from support lineHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊
Initially, the price action was confined within a descending channel before a decisive bullish breakout occurred.
This first breakout triggered a strong upward impulse, setting the stage for the current market structure.
The price is now consolidating in a wide flat range, bounded by support near the $3285 level and resistance at $3375.
An ascending support line is providing dynamic support within this consolidation pattern, indicating underlying buying pressure.
I expect a brief retest of this support line, which should act as a launchpad for the price to move higher.
The primary target for this long setup is the $3375 resistance level, marking the top of the current flat range.
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EURO - Price may drop to $1.1350 support level Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
Euro began its journey by breaking into a rising channel off the swing low near $1.1080, establishing a clear uptrend.
Within this channel, price carved out steady support along the lower trendline, touching $1.1350 before buyers stepped.
Mid-channel, two breakout attempts at $1.1550 and $1.1725 highlighted bullish conviction, yet both retreated back below resistance.
Simultaneously, two exit signals appeared near the upper trendline around $1.1765, showing that upward momentum was losing steam at key inflection points.
Currently, EUR is holding just below the channel base after a minor bounce, consolidating as traders weigh the next move.
I foresee a brief climb toward near $1.1670 before a renewed bearish thrust drives price back down to test $1.1350 level.
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Euro may reach seller zone and then continue to fall in channelHello traders, I want share with you my opinion about Euro. The price pair has recently shifted its market structure, establishing a clear downward channel after breaking its previous uptrend. Before this breakdown, the price was consistently trading within an Upward Channel, repeatedly finding support in the buyer zone (1.1325–1.1350) and reversing upward. The bullish momentum eventually faded when the price failed to break the major horizontal resistance level at 1.1630. This failure triggered a strong bearish impulse, leading to a decisive breakout below the channel's support line and confirming a trend reversal. Currently, the price is making a corrective move up inside the newly formed downward channel, which appears to be a classic retest of the broken structure from below. I expect this upward move to stall as it approaches the heavy confluence of resistance formed by the channel's upper Resistance Line and the horizontal seller zone at 1.1630–1.1655. After testing this area, I anticipate a rejection and the beginning of a new bearish leg down. That's why I've set my TP at the 1.1500 level — it aligns perfectly with the support line of the current downward channel, making it a logical target for sellers. Please share this idea with your friends and click Boost 🚀
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EURUSD Under Pressure After Hot CPI – More Downside Ahead?Today, the US released key inflation figures :
Core CPI m/m: 0.2% (vs 0.3% forecast)
CPI m/m: 0.3% (as expected)
CPI y/y: 2.7% (vs 2.6% forecast, up from 2.4%)
Fundamental Analysis ( EURUSD ):
The slightly lower Core CPI suggests some easing in underlying inflation pressures. However, the headline CPI y/y came in hotter than expected at 2.7%, reinforcing the idea that the Fed is not yet ready to ease policy aggressively.
This combination supports the US dollar, as sticky inflation could delay rate cuts.
EURUSD is likely to remain under pressure in the short term unless the ECB signals a more hawkish stance or US data starts showing broader weakness.
Now let's move on to the technical analysis of EURUSD ( FX:EURUSD ) on the 4-hour timeframe .
EURUSD is trading in a Heavy Resistance zone($1.1802-$1.1602) , having simultaneously managed to break the Support lines and the lower line of the Descending Channel , and is also trying to break the Support zone($1.1642-$1.1578) .
I expect EURUSD to continue its downtrend and decline to the Support zone($1.1549-$1.1520) at the first target .
Second target : $1.15043
Third target : $1.1464
Note: Stop Loss(SL)= $1.1660
Please respect each other's ideas and express them politely if you agree or disagree.
Euro/U.S. Dollar Analyze (EURUSD), 1-hour 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).
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Euro may fall to support area and then start to growHello traders, I want share with you my opinion about Euro. The price previously moved inside a wedge formation, where it tested the buyer zone and showed a strong reaction from this area. After that, the pair broke out upward and started to trade inside an upward channel, building momentum and forming a clear bullish structure. Later, the price created a pennant pattern, often considered a continuation signal. But before continuing the upward trend, I expect the Euro to first exit from the pennant and decline toward the support area. This zone was previously resistantce, and now it may turn into a strong support. Now the price is trading near the pennant resistance, but I don’t expect a breakout right away. The market needs to correct before it resumes the uptrend. Once the price reaches the current support level or slightly lower, it may find demand again and bounce. That’s why I expect the Euro to retest the support zone and then grow further toward TP 1 - 1.1850 points. This target aligns with the upper border of the upward channel and would complete the continuation move after the pennant breakout. Given the previous structure, bullish momentum, and patterns on the chart, I remain bullish after the correction and expect the price to rise from the support zone. Please share this idea with your friends and click Boost 🚀
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NZDCHF → Pre-breakdown consolidation on a downtrendFX:NZDCHF is forming a pre-breakout consolidation amid a downtrend. Focus on support at 0.4759. Global and local trends are down...
On July 10-11, the currency pair attempted to break out of the trend. In the chart, it looks like a resistance breakout, but technically it was a short squeeze aimed at accumulating liquidity before the fall. We can see that the price quickly returned back and the market is testing the low from which the trap formation began. The risk zone for the market is 0.4759 - 0.475. In simple terms, this is a bull trap against the backdrop of a downtrend. The NZD has passed through the risk zone. At this time, the currency pair is forming a pre-breakout consolidation relative to the support level of 0.4759 with the aim of continuing its decline.
Support levels: 0.4759, 0.4753
Resistance levels: 0.477, 0.4782
A breakout of the 0.4759 level and consolidation in the sell zone could trigger a continuation of the decline within the main and local trends.
Best regards, R. Linda!
U.S. NATURAL GAS - BEARISH DIVERGENCE DETECTED
U.S. NATURAL GAS - BEARISH DIVERGENCE DETECTED🕵🏻♂️
The Natural gas has been trading bullish for 7 days in a row since last Wednesday, reaching the 3.6000 resistance level. Primarily this happened due to a warm weather in the U.S. states, that supports the demand on gas. Despite warmer-than-normal summer weather, analysts expect energy firms to inject more gas into storage than usual in coming weeks. Record-high output in June, likely to be surpassed in July, and reduced gas flows to LNG export plants since April's peak, support this trend.
Technically chart shows us a bearish divergence on 1-h timeframe. I suppose the price to slowly decline towards major support level of 3.0000 with minor rebounds. The 2nd option is the rebound from 3.4000 support level with a first target of 3.6000.
MarketBreakdown | EURAUD, GBPJPY, WTI CRUDE OIL, SILVER
Here are the updates & outlook for multiple instruments in my watch list.
1️⃣ #EURAUD daily time frame 🇪🇺🇦🇺
The market is trading in a bullish trend.
The price is steadily growing within a rising parallel channel.
A recent test of its support triggered a strong bullish reaction.
I think that a rise may continue at least to a current high - 1.8035
2️⃣ #GBPJPY daily time frame 🇬🇧🇯🇵
The market is consolidating within a narrow horizontal
parallel channel.
Consider consolidation, trading within its boundaries.
The next bullish wave will be confirmed with a breakout and a
daily candle close above its resistance.
3️⃣ CRUDE OIL #WTI daily time frame 🛢️
The market remains weak and consolidation continues.
I see a wide horizontal range where the price is now stuck.
I think that we may see a pullback from its support.
4️⃣ #SILVER #XAGUSD daily time frame 🪙
The market is retracing after a formation of a new higher high.
I see a strong demand zone ahead: it is based on a rising trend line
and a recently broken horizontal resistance.
The next trend following movement will most likely initiate from there.
Do you agree with my market breakdown?
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FARTCOIN - Breakout from the channel- FARTCOIN is waiting to breakout from the channel, a confirmed breakout would push the price to new all time high
- we have long trade opportunity once the price breaks above the resistance trendline
Entry Price: above 1.44
Stop Loss: Below 1.08
TP1: 1.6464
TP2: 1.8923
TP3: 2.2450
TP4: 2.9973
TP5: 3.8224
Max Leverage: 5x
Don't forget to keep stoploss
Cheers
GreenCrypto
GOLD - Price can start to decline and break support levelHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
Gold initially traded inside a steady falling channel, carving lower highs at $3390 and lower lows around $3285 as bears held sway.
A brief fake breakout at $3365 briefly flipped sentiment, but sellers quickly reasserted control and pushed price back toward the channel floor.
Buyers then absorbed selling at the $3285 support area, sparking a rebound into a rising wedge pattern marked by converging trendlines.
Within this wedge, three minor breakouts failed to trigger sustained rallies, underscoring persistent resistance near the upper boundary.
I anticipate Gold to roll over from the wedge’s ceiling and break below $3365, targeting the wedge’s lower support line at $3310
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APT - Don't tell me this pattern won't repeat- This time is the charm, APT is is reversing from lower low on weekly chart.
- just like last two time, it is expect to forma new HL.
- there is a high chance that previous two patterns will repeat again
Entry Price: 5.22
Stop Loss: 3.4
TP1: 6.6632
TP2: 8.5059
TP3: 12.6945
Max Leverage: 5x
Don't forget to keep stoploss
Cheers
GreenCrypto
Comparing BTC 2024 with ETH 2025 - Perfect Match- If compare the chart pattern of BTC from 2024 with the current 2025 ETH pattern, wee see exactly similar chart patterns being formed here.
- Price started consolidating then it had fake breakout towards both the sides and finally the real breakout.
- BTC breakout push the price towards the new all time high above 69K, if we ETH follows similar trend then we can expect new all time high on ETH.
Let's see how it plays out.
Stay tuned for more updates.
Cheers
GreenCrypto
#ETHUSDT #4h (Bitget Futures) Ascending channel on resistanceEthereum printed a gravestone doji followed by a shooting star, RSI is overbought, local top seems in.
⚡️⚡️ #ETH/USDT ⚡️⚡️
Exchanges: Bitget Futures
Signal Type: Regular (Short)
Leverage: Isolated (9.0X)
Amount: 5.0%
Entry Zone:
2996.99 - 3050.49
Take-Profit Targets:
1) 2864.25
2) 2744.02
3) 2623.80
Stop Targets:
1) 3157.46
Published By: @Zblaba
CRYPTOCAP:ETH BITGET:ETHUSDT.P #4h #Ethereum #PoS ethereum.org
Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +47.5% | +83.3% | +119.0%
Possible Loss= -39.8%
Estimated Gaintime= 1-2 weeks
UUE - Potential hit All Time High ?UUE - CURRENT PRICE : RM0.870
The downtrend from January 2025 to April 2025 had changed to uptrend after the stock broke out the descending channel. Take note that there was a bullish divergence in MACD before the breakout of channel.
ICHIMOKU CLOUD traders may take note that the KIJUN SEN is rising steadily and CHIKOU SPAN also moving above candlesticks - indicating stock is uptrending. Today's closing price is higher than previous day's close suggesting a bullish breakout buy signal. A close below the KIJUN SEN may indicate a trend reversal (KIJUN SEN acts as support level).
ENTRY PRICE : RM0.865 - RM0.870
TARGET PRICE : RM0.930 , RM0.965 and RM1.03
SUPPORT : KIJUN SEN (cutloss if price close below KIJUN SEN)
It's high time to make the header optional.Maybe there's a good chance.
OK, LaRSI on the monthly chart shows that the share of alts could rise significantly.
But there is a bullish correlation with bullish sentiment in the stock market.
However, the candle has gone below the 100 SMMA for the first time.
But at the same time a bullish momentum is forming at this point.
I suggest waiting for the end of the month.
*******************************************************************
But real strength can only be demonstrated
if the candles break out of this channel. Where they are now.
The 10.7%-11% level will be critical.
As usual, no need to call anyone on anything.
NATURAL GAS - STILL IN THE GAME TRADING IDEA UPDATE -
NATURAL GAS - STILL IN THE GAME🔥
The XNGUSD goes quite well, as predicted. It held the trendline and moving upwards slowly, but surely. Short-term support here is the EMA20 on 4h timeframe. The asset is just below 3.600 resistance level and sma200. Since the July 10, the asset seems to be moving within the ascending channel (pic 2). I expect that the price will break the 3.6000 resistance level, will go towards upper channel border and then, after quick retest, move towards 3.8000. Not a trading advice! Trade cautiously!
Nikkei 225 Wave Analysis – 17 July 2025
- Nikkei 225 reversed from support area
- Likely to rise to resistance level 40550.00
Nikkei 225 index recently reversed up with the daily Doji from the support area located between the key support level 39000.00 (former resistance from May) and the support trendline of the daily up channel from May.
This support area was further strengthened by the 38.2% Fibonacci correction of the sharp upward impulse i from May.
Given the strong daily uptrend and the improved sentiment across global equity markets, Nikkei 225 index can be expected to rise to the next resistance level 40550.00 (former multi-month high from January).