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Parallel Channel

ETH - Finally Support!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈ETH has been overall bullish trading within the flat rising channels marked in blue. Moreover, the green zone is a strong support zone! 🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of support and lower blue trendlines acting as non-horizontal support. 📚 As per my trading style: As #ETH approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
15
Filecoin Wave Analysis – 10 June 2025 - Filecoin reversed from strong support level 2.25 - Likely to rise to resistance level 2.875 Filecoin cryptocurrency recently reversed up from the strong support level 2.25 (which has been reversing the price from the start of April). The support level 2.25 was further strengthened by the lower daily Bollinger Band and by the support trendline of the daily down channel from the middle of May. Filecoin cryptocurrency can be expected to rise to the next resistance level 2.875 (top of the minor correction ii from the end of May).
Long
by FxProGlobal
1
Chainlink Wave Analysis – 10 June 2025- Chainlink broke daily down channel - Likely to rise to resistance level 16.00 Chainlink recently broke the resistance trendline of the daily down channel from the start of May (which encloses the previous minor ABC correction 2). The breakout of this down channel accelerated the active impulse wave 3, which started earlier from the key support level 13.00. Chainlink can be expected to rise to the next resistance level 16.00 (top of the minor correction ii from the end of May).
BINANCE:LINKUSDLong
by FxProGlobal
1
GOLD - Price can continue to fall to bottom part of flatHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 Some days ago price grew inside a rising channel, where it reached $3050 level and then broke it. After this, price reached resistance line of channel and then made a correction to support line and then made an upward impulse. Next, price exited from channel and continued to grow to $3430 level and even rose higher, but soon turned around. Price made a fake breakout of this level and then started ot trades inside a flat, where it fell to bottom part. Also, it made a gap, and later Gold started to grow to a resistance area, and when it reached this area, it bounced down. At the moment, I expect that Gold will grow to resistance area and then drop to $3135 bottom part of flat. If this post is useful to you, you can support me with like/boost and advice in comments❤️ Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
THINKMARKETS:XAUUSDShort
by WalterMoon
7
MarketBreakdown | EURUSD, AUDUSD, USDCHF, EURCAD Here are the updates & outlook for multiple instruments in my watch list. 1️⃣ #EURUSD daily time frame 🇪🇺🇺🇸 Though the pair remains quite weak for the last few days, I strongly believe that bulls have unrealized potential. The pair may continue rising and reach the underlined yellow resistance soon. 2️⃣ #AUDUSD daily time frame 🇦🇺🇺🇸 The price is testing a significant horizontal resistance. Its bullish breakout will provide a strong bullish signal. The pair will go way higher then. 3️⃣ #USDCHF daily time frame 🇺🇸🇨🇭 The price is stuck within a narrow consolidation range. I think that a sideways movement is going to continue and the price will drop to the support of the range soon. 4️⃣ #EURCAD daily time frame 🇪🇺🇨🇦 The price action is contracting within a symmetrical triangle pattern. Such a pattern signifies a deep indecision. A breakout of one of its boundaries will indicate the side of the next market move. Do you agree with my market breakdown? ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Long
by VasilyTrader
1
GOLD → Hunt for liquidity ahead of continued correctionFX:XAUUSD is strengthening due to uncertainty while the dollar consolidates. Amid heightened volatility, a retest of the 3340 liquidity zone may form, and if buyers fail to keep the price above this zone, gold may form a correction Demand for the dollar is supported by the rise in USD/JPY after soft comments on interest rates by Bank of Japan Governor Ueda. Gold is responding with a correction. Traders remain cautious ahead of the outcome of the second day of trade talks between the US and China in London. Donald Trump confirmed that dialogue with Beijing is continuing, but key differences remain. Investors are also awaiting US inflation data (CPI), which could determine the further dynamics of the dollar and gold. Meanwhile, inflation expectations in the US fell from 3.6% to 3.2% in May. Technically, gold broke the structure and confirmed key resistance during the correction. A hunt for liquidity is possible before the decline continues towards the key target of 3275. Resistance levels: 3340, 3361 Support levels: 3301, 3275 The price is forming a new trading range of 3340 - 3301 (3294). Before declining, especially if the fundamental background changes to positive as negotiations progress, gold may test the liquidity zone of 3340 and form a false breakout, which will trigger a continuation of the correction to 3275. Best regards, R. Linda!
FX:XAUUSDShort
by RLinda
15
GOLD → Correction before a decline or continuation of the trend?FX:XAUUSD is testing the liquidity zone during the Asian session and forming a false breakout. The metal is recovering, but the fundamental background remains unstable... On Monday, gold is holding steady at around $3,300 amid a weaker dollar and caution among traders ahead of US-China talks and the release of US inflation data (CPI) on Wednesday. Strong NFP data for May strengthened the dollar and lowered expectations for a Fed rate cut. However, domestic problems in the US are putting pressure on the currency... Markets are adjusting positions ahead of CPI. Geopolitics and domestic unrest in the US are holding back gold's decline, despite possible optimism about a trade deal. Technically, the trend is bullish, with the price previously breaking the structure but rising in the Asian session after a false breakdown of the order block and the 3300 liquidity zone. Further movement depends on 3330 - 3340 Resistance levels: 33301, 3339, 3375 Support levels: 3301, 3275 The price is heading towards 3330-3340 for a retest. If the dollar continues to decline and gold manages to consolidate above 3340, the bullish trend may continue. BUT! A false breakout of the 3330-3340 zone could trigger a further decline after the bullish structure breaks down. Best regards, R. Linda!
FX:XAUUSDShort
by RLinda
11
Bitcoin Wave Analysis – 9 June 2025 - Bitcoin broke daily down channel - Likely to rise to resistance level 110,000.00 Bitcoin cryptocurrency recently broke the resistance trendline of the daily down channel from May (which encloses the previous ABC correction 2 from the end of May). The breakout of this down channel accelerated the active minor impulse wave 3 of the intermediate impulse wave (3) from the start of April. Given the clear daily uptrend, Bitcoin cryptocurrency can be expected to rise to the next resistance level 110000.00 (which reversed the price in January and May) – the breakout of which can lead to further gains toward 115000.00.
BINANCE:BTCUSDLong
by FxProGlobal
"GBP/USD is cooking inside a trianglePair: GBP/USD Timeframe: 4H Strategy: Elliott Wave + Triangle Pattern + Breakout Formation: Contracting Triangle – Wave 1 to 5 Risk-Reward: High Probability Setup Status: Pre-breakout phase 🔍 Technical Breakdown: A clean contracting triangle is forming, completing all 5 internal waves within the structure. Wave 5 looks exhausted and price is rejecting trendline resistance. Expecting a bearish breakout from the triangle. Target zone = 1.34759, aligning with previous liquidity + measured move. Entry area refined with supply zone + minor structure break (as seen in inset schematic). 🎯 Target: 1.34759 🛑 Stop Loss: Above triangle resistance 🟢 Entry Trigger: After breakout + retest or SMC confirmation This setup matches Elliott Wave’s triangle structure behavior – typically occurring before the final push in a larger correction or continuation.
Short
by Greenfireforex
1
Is WLDUSDT Preparing for a Nasty Reversal?Yello, Paradisers! Have you been watching WLDUSDT creeping upward inside that nice channel and thinking this is a breakout in the making? Be careful. This setup might be laying a trap for overconfident bulls—and the signs are getting louder. 💎WLDUSDT is currently trading within an ascending channel, a structure that often signals weakening bullish momentum. The price is approaching a key resistance area, and what makes this zone even more dangerous is the confluence of bearish indicators stacked right on top of each other. We have the 200 EMA acting as dynamic resistance, the 0.618 Fibonacci retracement level overlapping perfectly, and a visible I-FVG (4H) in the same zone. This trio of signals significantly increases the probability of a strong bearish reaction. 💎If the price reacts from this resistance zone, performs an inducement move, and forms a clean bearish structure, we could be looking at a high-probability short opportunity. This would offer a solid risk-to-reward setup for those who are prepared and disciplined enough to wait for confirmation. 💎However, if the price breaks above the resistance and closes a full candle above it, then this bearish thesis will be completely invalidated. In such a scenario, it’s smarter to step back and wait for a clearer, more favorable structure to form. Chasing trades here would only increase the risk of getting caught on the wrong side of a fakeout. 🎖Discipline always wins in the long run, Paradisers. The market rewards those who wait for clean, high-probability setups — not those who trade based on FOMO. If you want to build long-term profitability, you must stay strategic, patient, and act only when everything aligns. MyCryptoParadise iFeel the success🌴
Short
by MyCryptoParadise
4
TSLA – Are You Buying Cheap or Buying Expensive?Tesla (TSLA) continues to trade within a long-standing macro range, well-defined by two behavioral zones: 🟩 Value Zone – Accumulation ($132 to $270.50): This is where smart money tends to accumulate over time. Historically, moves from this zone lead to long-term rallies. Price spent multiple weeks here during major drawdowns — offering long-term entries at discounted value. 🟥 Premium Zone – Profit Taking ($270.50 to $409): Above the midpoint ($270.50), price enters what can be considered the “expensive” territory. Historically, this area has acted as a supply zone, with frequent distribution and sharp reversals. TSLA is currently sitting just above the midpoint, testing that equilibrium. Whether it consolidates for another leg higher or fails here could define the next swing move. So ask yourself: Are you buying value, or chasing premium?
NASDAQ:TSLA
by fredcast80
3
TSLA: Uptrend channel bounce, trading between 50 and 200-day SMAHey guys/gals! So we all know that Tesla took a massive drop last week. It fell about 14%, and was down even 3% after hours at one point. I think we can all agree this crash wasn't technicals driven - it was clearly headline impacted. This was a clear black swan even t, and even in my case, nothing like this has ever happened to me as a trader. It was unforeseeable, forced me to hedge overnight and I'm still having nightmares (lol). Definitely one to remember as I don't think something like this would happen with any other stock. Tesla is truly unique in this sense. But looking at the bigger picture, the bounce that we experienced on Friday must've been technicals driven, and psychologically influenced, as I am almost certain that the crash was a massive overreaction. People woke up the next day and thought this was severely discounted over a couple social media tweets (I won't go into the politics of things). As you see on the chart, Tesla may in a new upward channel. At first I figured this may be a bear flag, however due to the upcoming catalyst like the Robotaxi launch - this would likely only be a bear flag if prices crashes below the lower support trend line. As long as price is within the channel, I'd say things are holding up. We'd likely see a jump towards the upper side of the channel - however it's important to note that $300 and £360 are major resistance points. Robotaxi launch and any future tweets will definitely move price, and I think those will be a factor in determining whether price goes up or crashes below the trend line. Another thing to point out is that price is currently trading between the 50-day and 200-day moving averages. The 50-day SMA is acting as vital support, whereas the 200-day SMA is the resistance. If there is a break above the 200-day SMA, price will likely go higher. The opposite may happen if price crashes below the 50-day SMA. Either way, headlines and technicals mentioned above will continue to influence price. Note: not financial advice.
NASDAQ:TSLALong
by michaeldobski
Crypto Total Market Cap – Bulls vs. Walls 🧪 1. 🐸 Miracle’s Take – The Meme Prophet Speaks! “Wassup degenz! It’s ya boi Miracle again – and this chart’s juicier than a frog smoothie!” Market just kissed the MA50 like it’s a long-lost love 💋… and BOOM — bounced back hard! We’re climbing outta the bear channel like a true meme-warrior escaping rug hell 🧱 BUT... the resistance zone ahead (3.27T–3.32T) is like a fat whale sitting on top of the market 💀 A breakout above that and we go party at 3.48T, where the liquidity gods live 🎯 If we get slapped down though… Miracle sees a revisit to 3.2T support, where apes gather before launch 🦍 🔋 Momentum is here, but no confirmed breakout YET! 📢 Miracle’s Warning: “A trendline breakout without meme energy is just hopium with candles!” 💡 Miracle Watchlist: ✅ Break + Retest of resistance zone = GO LONG ❌ Rejection = scalp short back to MA 🔍 2. Unknown Analyst View – Clean & Technical MA50 acted as a dynamic support and initiated a bounce. Price is trying to break out of a descending channel, which has acted as a structure since late May. Immediate resistance lies in the 3.27T–3.32T zone, which previously caused multiple rejections. A confirmed breakout with volume and a successful retest of the resistance zone or MA50 could push us toward: 🎯 Target 1: 3.35T 🎯 Target 2: 3.48T (horizontal key resistance) If rejected, we could slide back to the 3.20T support (yellow line) or even back into the bearish channel. The market’s response to this zone will define the short-term trend. "Observe the structure. Let price prove direction." 🎭 Two Faces. One Chart. Who do YOU trust more today? The meme-warrior 🐸 or the mystery tactician 🧠? 💬 Tell us in comments: #TeamMiracle or #TeamUnknown? 🎬 TradeWithMky – where altcoins speak louder than Bitcoin! #CryptoCap #TotalMarketCap #AltseasonComing #TradeWithMky #CryptoAnalysis
CRYPTOCAP:TOTALLong
by TradeWithMky
TradeWithMky — Where Altcoins Speak Louder Than Bitcoin!Welcome, fellow trader, to TradeWithMky — the only TradingView realm where charts are alive, trendlines whisper secrets, and candles burn with prophecy. Led by Miracle, the pepe-faced meme wizard of TA, we don’t just follow the market — we ride it like a shooting star across the altcoin galaxy 🚀. 💡 Here’s what you’ll unlock inside this spellbook of price action: 🌀 Magic Channels & Trend Spells 🔄 MA50 Rejections & Support Summons 📉 Fakeouts Exposed, Traps Uncovered 📈 Breakouts Blessed by Fibonacci Spirits 🧠 Deep-dive TA with a twist of humor, mystery, and meme-lore From the shadows of fake breakouts to the light of uptrend awakenings, our charts tell stories — and you are the hero. Whether you're a seasoned wizard or a humble apprentice, here you’ll find something rare: Real analysis. Real magic. Real fun. 🎯 Targets that work. Levels that matter. A vibe you won’t forget. 👉 Follow now and let Miracle show you why: @TradeWithMky – Where Altcoins Speak Louder Than Bitcoin!
Long
by TradeWithMky
Bitcoin will continue to fall to support level in channelHello traders, I want share with you my opinion about Bitcoin. This chart shows how the price rebounded from the support line and started to grow. In a short time, it rose to the support level, which coincided with the buyer zone, and it even soon broke this level. Next, the price rose a little and then continued to move up, but later corrected the support line. After this, BTC rebounded and rose to the seller zone, breaking the 108800 resistance level. Then it rose a little more and turned around, and started to decline inside the downward channel. In the channel, price soon broke the 108800 level and continued to fall next. Later, Bitcoin broke the support line and fell almost to the support line of the channel, after which it turned around and made an upward movement. After this movement, Bitcoin dropped to the 100300 support level, after which it turned around and, in a short time, rose to almost the resistance line of the channel. Price didn't reach this line, turned around, and continued to fall in the channel. In my mind, Bitcoin can continue to move down top support level inside the downward channel. That's why my TP is 100300 level. Please share this idea with your friends and click Boost 🚀
Short
by LegionQ8
9
GOLD (XAUUSD): Important Supports & Resistances for Next Week Here is my latest structure analysis for Gold. Vertical Structures Vertical Support 1: Falling trend line Vertical Support 2: Falling trend line Horizontal Structures Horizontal Support 1: 3231 - 3286 area Horizontal Support 2: 3121 - 3177 area Horizontal Resistance 1: 3372 - 3404 area Horizontal Resistance 2: 3427 - 3423 area Horizontal Resistance 3: 3492 - 3500 area Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATION:XAUUSDLong
by VasilyTrader
13
BTC Short Setup! OB + Fair Value Gap + Trend Channel ConfluenceBitcoin (BTCUSD) | 30-Min Chart – High Probability Sell Setup Bitcoin continues to respect bearish structure inside a descending trend channel, creating prime opportunities for Smart Money traders to strike at optimal levels. 🔍 Trade Breakdown: Bearish Market Structure Price is forming lower highs and lower lows Channel structure is being respected with multiple taps on both the upper and lower bounds Liquidity Sweeps & Internal Range Multiple yellow-highlighted zones show liquidity engineering — both buy-side and sell-side have been swept Recent sweep + demand failure confirms bearish intent Premium Entry Zone Setup: 🔴 Order Block Zone (OB): 105,200 – 105,400 🟣 Fair Value Gap (FVG): Overlapping with OB – perfect imbalance correction 📐 Fib Levels: 61.8% = 104,987 70.5% = 105,298 79% = 105,388 🔺 This is the kill zone — premium retracement + inefficiency fill = high confluence Bearish Continuation Expectation: BTC likely to react at OB zone and continue bearish leg Projection into discount fib levels: -27% = 104,000 -62% = 103,800 -100% = 103,727 Channel Respect = Structure Confidence: Every key swing is aligning with channel resistance/support Blue arrow shows expected path: liquidity sweep ➝ OB/FVG tap ➝ drop to channel low 🧠 Chart Ninja Entry Plan: 🔹 Entry Zone 105,280 – 105,388 (OB + FVG + 70.5–79% Fib) 🔻 SL Above 105,400 (above OB) 📉 Target 103,727 (channel + -100% Fib extension) ⚖️ RRR Over 1:4 — sniper-grade RR setup 💬 Ninja Wisdom: You're not chasing moves — you're waiting where liquidity pools. Fair Value Gaps + OB + Trend Channels = institutional signature. Trade like Smart Money. Let retail chase candles. 🥷💸 📍 Save this setup before the market plays out 🔁 Share your thoughts below – entry, TP, SL? 👣 Follow @ChartNinjas88 for more sniper BTC setups daily
CRYPTO:BTCUSDShort
by ChartNinjas88
2