Get started

Swingtrading

Bitcoin - Please Just Listen To The Charts!Bitcoin ( CRYPTO:BTCUSD ) remains in a bullish market: Click chart above to see the detailed analysis👆🏻 Despite literally everybody freaking out about cryptos lately, big brother Bitcoin is still creating bullish market structure. During every past cycle we witnessed a correction of at least -20% before we then saw a parabolic rally. So far, Bitcoin is just doing its normal "volatility thing". Levels to watch: 70.000, $300.000 Keep your long term vision, Philip (BasicTrading)
CRYPTO:BTCUSDLong
by basictradingtv
36
Gold (XAU/USD) Double Top Pattern – High Probability Trade Setup📌 Overview of the Chart: This 4-hour timeframe chart of Gold Spot (XAU/USD) highlights a Double Top pattern, one of the most reliable bearish reversal signals in technical analysis. The price has tested a strong resistance zone twice (Top 1 & Top 2) but failed to break above, suggesting that bullish momentum is weakening and a possible trend reversal is imminent. This setup provides an excellent opportunity for a short (sell) trade, provided the price confirms the pattern by breaking below the neckline. The potential downside targets are marked as TP1 ($2,983) and TP2 ($2,938), with a stop loss placed above resistance ($3,056) to manage risk effectively. 📌 Key Chart Patterns & Market Dynamics 1️⃣ Double Top Pattern – The Bearish Reversal Signal The Double Top pattern occurs when: ✅ The price reaches a resistance zone and gets rejected (Top 1). ✅ It then retraces downward to find support at the neckline. ✅ The price makes another attempt to push higher but fails at the same resistance level (Top 2). ✅ A break below the neckline confirms the bearish trend, as buyers lose strength and sellers take control. 🛑 Why is this pattern important? The failure of buyers to push beyond resistance shows that sellers are dominating. This creates a psychological shift in the market, making traders and institutions more likely to sell aggressively once the neckline is broken. 2️⃣ Resistance Level – The Rejection Zone 🔵 Price Level: $3,050 – $3,056 🔵 Role: Key supply area where sellers are strong 🔵 Market Impact: Strong rejections at this level indicate that big players (institutions) are offloading positions, leading to bearish momentum. Why Does This Matter? 📌 If the price breaks above this level, it would invalidate the bearish setup, leading to potential further upside. 📌 This is also why we place our Stop Loss above this level—to protect against unexpected bullish breakouts. 3️⃣ Neckline Support – The Breakout Zone 🔻 Price Level: Around $3,020 🔻 Role: The last line of defense for buyers before a bearish breakout 🔻 Market Impact: If this level is breached, it confirms the Double Top pattern, leading to a sharp decline. 📌 A confirmed break of the neckline is the ideal point for traders to enter a short (sell) position, targeting lower price levels. 4️⃣ Key Take Profit (TP) Targets – Where Price Might Drop 🎯 TP1 – $2,983: This level is a minor support zone where price may temporarily pause before further decline. Conservative traders may choose to secure profits here. 🎯 TP2 – $2,938: A stronger historical support zone, making it a high-probability target for a full bearish move. More aggressive traders may hold positions until this level. 📌 Why These Levels? These targets align with Fibonacci retracement zones and previous market structure, increasing the likelihood of a reaction at these points. 5️⃣ Stop Loss – Managing Risk Like a Pro Placement: Above the resistance zone at $3,056 Reason: If price breaks above resistance, it invalidates the bearish thesis, meaning we need to exit the trade. Risk-Reward Ratio: TP1: ~2:1 TP2: ~3.5:1 A good risk-reward setup, ensuring a profitable edge over multiple trades. 📌 Trading Strategy & Execution Plan 📉 Bearish (Sell) Setup: 1️⃣ Wait for confirmation – Price must break below the neckline ($3,020) before entering a short trade. 2️⃣ Sell Entry: On a confirmed break and retest of the neckline. 3️⃣ Stop Loss: Above the resistance zone ($3,056). 4️⃣ Take Profit Targets: TP1 ($2,983) – First profit level. TP2 ($2,938) – Secondary target for deeper decline. 📌 Optional Confirmation: Look for bearish candlestick formations (e.g., Bearish Engulfing, Shooting Star, or Doji) near resistance or after a neckline breakout. Monitor RSI/MACD for bearish divergence, confirming weakening momentum. 📌 Market Psychology Behind This Pattern 1️⃣ First Peak (Top 1): Buyers push the price up, but sellers step in at resistance and force a pullback. 2️⃣ Pullback to Neckline: Some buyers re-enter, believing the uptrend will continue. 3️⃣ Second Peak (Top 2): Price attempts another rally but fails at the same resistance, showing buyers' exhaustion. 4️⃣ Break of the Neckline: Sellers take full control, leading to a high-momentum sell-off. 📌 Key Takeaway: 💡 The Double Top is a trader’s favorite because it reflects a real psychological shift in market sentiment—from greed (buyers) to fear (sellers). 📌 Final Verdict – High Probability Trade Setup ✅ Double Top formation confirms a bearish trend reversal. ✅ Strong resistance & multiple rejections signal seller dominance. ✅ Clear risk management strategy (Stop Loss & TP Levels). ✅ Waiting for neckline break ensures a high-probability entry. 🚀 Watch this setup carefully! If the neckline breaks, GOLD could experience a sharp decline! 📉🔥 🔍 Pro Tips for Smart Traders 💡 Don’t rush into a trade! Wait for a solid break and retest of the neckline for confirmation. 💡 Monitor volume: A strong breakout should be accompanied by increasing volume for validation. 💡 Use confluence: Combine with other indicators (RSI, MACD, EMA) to increase accuracy. 🔥 What’s Your Take on This Setup? Will You Trade It? Let Me Know in the Comments! 🚀
OANDA:XAUUSDShort
by GoldMasterTrades
HYPEUSDT Weekly Outlook: Potential Reversal and Upside TargetsWeekly Chart Analysis of HYPEUSDT The weekly chart of HYPEUSDT reflects a critical phase where the price is consolidating within a key demand zone, suggesting potential for a bullish reversal. Below is the detailed analysis: Key Observations: Demand Zone: The price is currently hovering around the highlighted gray box, which represents a strong liquidity zone ( LQ ) between $12.426 and $14.246 . This area has historically acted as support, and a bounce from here could signal a reversal. Support Levels: Immediate support lies at $12.426 . A deeper correction could test the $11.997 and $10.000 levels, which are marked as liquidity levels below the current zone. Bullish Scenario: If the price holds above the current demand zone, it could initiate a rounded bottom pattern (illustrated by the yellow curved line). The first target ( TP1 ) for this potential upside move is $26.825 . The second target ( TP2 ), representing a more extended rally, is projected at $42.252 . Candlestick Structure: Recent weekly candles show indecision, but if buyers step in strongly, it could confirm bullish momentum. Risk Management: Traders should monitor for any breakdown below the $12.426 level, as it may invalidate the bullish setup and lead to further downside toward $10.000 . Conclusion: HYPEUSDT shows promising signs of recovery from its demand zone, with upside targets at $26.825 and $42.252 in sight if bullish momentum builds. However, caution is advised until clear confirmation of reversal occurs. This analysis provides a roadmap for both short-term and long-term traders to plan their entries and exits effectively.
Long
by whalebuzzz
ANKRUSDT: A Strong Demand Zone or Breakdown Risk?ANKRUSDT is currently sitting at a crucial demand zone, a level that has historically triggered massive price movements. This same area in February 2021 acted as a springboard for huge gains, leading to a double top formation at $0.21 before experiencing a major downtrend. Since August 2022, the price has been stuck in a sideways range, with no clear breakout in sight—until now. Why This Demand Zone is Key The weekly support level within the range has proven to be resilient, holding strong since 2021. Additionally, the Stochastic RSI is in oversold territory, signaling a potential loss of selling pressure. This setup suggests that buyers might step in soon, making this zone a prime accumulation area for long-term holders. Best Buy Zone: 🔹 $0.015 - $0.022 → A historically strong support level, ideal for long-term positions. Potential Targets: 📌 Short-Term Target: $0.057 - $0.066 (Top of the current range) 📌 Mid-Term Target: $0.097 (Potential supply zone) 📌 Long-Term Target: $0.21 (Previous all-time high) Bearish Scenario: What If Support Breaks? While the demand zone is strong, there's always a chance of a breakdown. If price fails to hold support, the next major demand zone lies at $0.008—a crucial level for long-term investors to watch. Final Thoughts ✅ The setup is strong, with price at weekly support and indicators signaling a potential reversal. ⚠️ But always have a plan—if the demand zone breaks, be ready for lower levels. 💡 Risk management is key—stick to your strategy, and trade with confidence! What’s your take on ANKR? Are you bullish or waiting for more confirmation? Let’s discuss in the comments! 🚀 Keep it shiny~! KinaStar
Long
by KinaStar
GBP/AUD Bulls Eye 2020 HighFutures traders are net-long GBP/USD futures and net-short AUD/USD futures. So it is quite fitting to see GBP/AUD in a strong uptrend, with traders now eyeing the 2020 high. However, the weekly chart suggests the current upswing may be nearing a cycle peak. A small bearish divergence has also formed on this timeframe. I am therefor seeking evidence of a swing high to form, somewhere around the 2020 high (or below). For now, the daily chart is grinding higher and the 10-day EMA is supporting. There are also early signs of an ending diagonal / rising wedge, which could still allow for another leg or two higher before the anticipated mean reversion towards the 10 and 20-week EMAs kick in. Matt Simpson, Market Analyst at City Index and Forex.com
by CityIndex
Cardano - Focus On This One Altcoin!Cardano ( CRYPTO:ADAUSD ) will lead the bullish rally: Click chart above to see the detailed analysis👆🏻 It really seems to be unbelievable but Cardano is 100% repeating the previous cycle which we saw back in 2018. A double bottom neckline breakout, followed by a significant rally and another break and retest and Cardano is now clearly heading towards the previous all time high. Levels to watch: $0.6, $2.5 Keep your long term vision, Philip (BasicTrading)
CRYPTO:ADAUSDLong
by basictradingtv
9
EUR/USD 1H Chart Analysis – Falling Wedge Breakout StrategyOverview of the Chart The EUR/USD 1-hour chart is forming a falling wedge pattern, which is a bullish reversal setup. This indicates that although the price has been trending downward, the selling pressure is weakening, and a breakout to the upside is becoming more likely. Currently, the price has broken above the wedge, signaling potential trend reversal. However, traders should watch for a retest of the breakout level to confirm whether the price holds above the resistance-turned-support area before further upward movement. Key Components of the Chart 1️⃣ Falling Wedge Pattern (Bullish Reversal Signal) A falling wedge consists of two downward-sloping trendlines that converge, showing a narrowing price range. This pattern is formed when: The price makes lower highs and lower lows, indicating a downtrend. The slope of the lower trendline is less steep than the upper one, meaning sellers are losing momentum. Eventually, the price breaks out above the upper trendline, confirming a bullish reversal. 2️⃣ Support & Resistance Levels ✅ Support Zone (Key Demand Area) The price recently tested a strong support level (highlighted in beige), where buyers aggressively entered the market. This level has held multiple times, indicating that buyers are stepping in whenever the price reaches this zone. The green upward arrow suggests that this is a key accumulation area, where demand is stronger than supply. 🚫 Resistance Zone (Profit Target) The resistance zone near 1.09450 is the first major target for bulls. Historically, price action has struggled to break through this level, making it a logical place to take profits. 3️⃣ Breakout Confirmation & Retest The price has successfully broken out above the falling wedge, which is a strong buy signal. However, a retest of the breakout level (marked by the yellow circle) might occur before further bullish continuation. If the price retests and holds above the previous resistance (now support), this will confirm the breakout and provide an additional buying opportunity. Trade Execution Strategy 📌 Entry Point: Enter a long trade after the breakout confirmation. For conservative traders, waiting for a successful retest before entering can reduce risk. 📌 Stop-Loss Placement: Place a stop loss just below the recent swing low at 1.07541 to limit downside risk. This ensures that if the breakout fails, the trade is exited with minimal loss. 📌 Profit Target: The first take-profit target is at 1.09450, the key resistance level. If bullish momentum continues, traders can look for higher targets based on price action. 📌 Risk-to-Reward Ratio: This setup provides a favorable risk-to-reward ratio, meaning that potential profits outweigh the risk taken on the trade. Technical Indicators Supporting the Trade 📈 Trend Reversal Signals The market has been in a downtrend, but the falling wedge signals a potential reversal. A higher low after the breakout would further confirm the uptrend. 📊 Volume Confirmation Ideally, a breakout should be accompanied by increased volume, showing strong buying pressure. If volume is low, a false breakout could occur, requiring careful trade management. 🔍 Retest & Price Action A retest of the breakout level should hold above the wedge to confirm bullish momentum. If the price fails to hold and falls back below, the breakout may have been a fakeout, meaning traders should exit or wait for re-entry. Risk Management & Trade Considerations Always use a stop-loss to manage risk. If the price fails to stay above the breakout level, consider exiting early. Watch for external market factors such as news events or economic data releases, which can impact EUR/USD volatility. Conclusion: Bullish Momentum is Building 🚀 This falling wedge breakout on the EUR/USD chart provides a high-probability long trade setup. As long as price holds above the breakout level, bullish continuation toward 1.09450 is expected. Traders should monitor price action carefully and adjust their positions accordingly to maximize gains while managing risks.
Long
by GoldMasterTrades
AUDCAD: Important Zone Detected 🇦🇺🇨🇦 I see a test of a significant supply zone on AUDCAD. It is based on a recently broken horizontal support cluster and a rising trend line. I believe that the selling orders will accumulate within that area. Chances will be high that the price will drop from that at least to 0.898 support. ❤️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.
Short
by VasilyTrader
1
Insmed (INSM) - Breakout Opportunity 📌 Insmed ( NASDAQ:INSM ) – Breakout Opportunity Insmed is a clinical-stage biopharmaceutical company focused on serious and rare lung diseases. The stock more than doubled in May 2024 following positive Phase 3 results for its drug Brensocatib. The FDA has granted Priority Review, with a PDUFA date set for August 12, 2025 — and commercial launch expected in H2 2025. Technical Overview: Since the massive gap up in May 2024, INSM has been trading inside a well-defined horizontal channel between: 🔻 Support: $61.65 🔺 Resistance: $84.82 Currently, price is near the upper third of the range (~$79.92), showing signs of renewed momentum with rising volume and RSI trending higher. Plan ---- 📍 Entry: Daily close above $85 with strong volume ( >2.5M ) Targets 🎯 Target 1: $94 (+11%) 🎯 Target 2: $106 (+25%) 🛑 Stop: $82 (-4.7%) Risk ratio: 🟠 Target 1: > 2:1 🟢 Target 2: > 5:1 --- 📊 Key Indicators to Watch: ✅ RSI > 60 with upward slope ✅ MACD bullish crossover ✅ Break above 20-day EMA with volume ✅ Volume expansion on green candles ⚠️ This content is for informational and educational purposes only and does not constitute investment advice ⚠️
NASDAQ:INSMLong
by Invictus744
Xrp - Destroying All Hopes For Bears!Xrp ( CRYPTO:XRPUSD ) is heading for new all time highs: Click chart above to see the detailed analysis👆🏻 Literally all cryptocurrencies are currently creating pump and dump like price action with swings of two digits within a couple of minutes. But if we look at the higher timeframe - specifically also on Xrp - markets are still 100% bullish and heading for new all time highs. Levels to watch: $2.0, $5.0 Keep your long term vision, Philip (BasicTrading)
CRYPTO:XRPUSDLong
by basictradingtv
7
Watch This Before Trading Delta Airlines Stock in 2025!The Art of Trading: Price Action, Supply and Demand, and Patience in Delta Airlines. Trading in the stock market is a skill that requires a deep understanding of market dynamics, disciplined decision-making, and the ability to remain patient in the face of volatility. Among the most effective strategies for achieving consistent success are price action analysis, supply and demand principles, and meticulous money management. This supply and demand stock analysis will explore how these strategies can be applied to Delta Airlines (DAL), focusing on key price levels, candlestick patterns, and the importance of patience in making informed investment decisions. A strong demand level for Delta Airlines (DAL) has been identified at $43. This level represents a price zone where buyers have historically shown significant interest, leading to price reversals. By waiting for the stock to retrace to this level, traders can enter positions with a higher probability of success as the likelihood of renewed buying pressure increases.
NYSE:DALLong
by AlfonsoMoreno
BTC 4h Trade Setup: Potential Long Opportunity Use the 12-hour chart for additional buy confirmation. For optimal entry, refine your position using lower timeframes. Trade Setup: Long (Buy) Position 📍 Entry: Enter around 80,800 USDT or 81,800 USDT in the next few hours. A recent BUY signal and RSI near oversold territory suggest a potential reversal. 🛑 Stop Loss: Set a stop loss below 80,000 USDT, around 79,500 USDT, to limit downside risk. If the price breaks below 80,000, the next support is at 78,252.1 USDT. 🎯 Take Profit Targets: 1st TP: 86,500 USDT 2nd TP: 88,000 USDT 📌 This setup offers a favorable risk-to-reward ratio, with potential gains outweighing risks. On the higher timeframe, the 21 EMA is still below the 50 EMA, indicating a prevailing downtrend. Trade cautiously and ensure you take profits accordingly. 📢 Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Trading involves risk, and past performance is not indicative of future results. Always conduct your own research and consult with a professional before making any investment decisions.
Long
by infinity3168
2
SWING IDEA - ANGELONE ANGELONE 's stock price has been retesting around the 2000 resistance level for approximately two and half years. Following multiple retest, the stock finally broke out above this level in October 2023 and has since established it as a key support. The stock subsequently surged to a peak of 3895, representing a 87% increase. However, it then experienced a sharp correction, plummeting 45% to revisit the 2000 support level again. This pivotal point, formerly a resistance, has now become a robust support. Currently, ANGELONE is exhibiting an upward momentum, poised to retest its swing high at 3895. The weekly MACD crossover, occurring after the establishment of support at 2000, indicates a bullish trend reversal. KEY OBSERVATIONS: - Two-year resistance level of 2000 broken in October 2023 - Stock surged 87% to 3895 before correcting 45% - 2000 level now serves as robust support - Weekly MACD crossover indicates bullish momentum - Upward momentum poised to retest swing high at 3895 RECOMMENDATION: Based on this technical analysis, I would recommend holding ANGELONE for a Long Term horizon. This could potentially yield: - 35% returns from the current price (as of writing) - 87% returns from the support point (2000) This analysis highlights a compelling buying opportunity in ANGELONE, driven by its breakout and momentum reversal. IMPORTANT NOTE: Investors should be aware that there is a possibility that the stock may revisit this Support level at 2000 in the near future before resuming its upward momentum towards the swing high at 3895. This potential pullback should be monitored closely, and investors may consider adjusting their strategies accordingly. DISCLAIMER: This IDEA is for informational/educational purposes only and should not be considered as investment advice. The analysis presented is based on technical indicators and historical data but does not guarantee future performance. Please conduct thorough research based on financial goals and risk tolerance, and consult with a financial advisor before making any investment decisions.
NSE:ANGELONELong
by mrsameofficial
1
Nvidia - That's Officially The Brutal End!Nvidia ( NASDAQ:NVDA ) is breaking all structure: Click chart above to see the detailed analysis👆🏻 Following previous cycles, Nvidia has been rallying for more than 2 years, creating an overall pump of approximately +1.000%. But now, everything is literally pointing to a significant towards the downside and with a potential drop of -30%, bears are totally taking over Nvidia now. Levels to watch: $70 Keep your long term vision, Philip (BasicTrading)
NASDAQ:NVDAShort
by basictradingtv
57
JUPUSDT: Weekly Outlook & Key Levels for JupiterHey everyone! 🌟 Let’s take a look at this weekly cryptocurrency price chart together. Here's what stands out: We’re looking at two possible scenarios: Primary Scenario: The price might bounce back from the first support level, marked with a solid yellow arrow. Secondary Scenario: If it doesn’t, the next potential rebound is from the lower support level, shown with a dashed yellow arrow. Keep an eye on the numbers highlighted—$0.4310 and $0.3798. These are key price levels that could guide future movements. It’s also essential to monitor liquidity, candlestick patterns, and trading volumes. A strong confirmation, like a favorable candlestick formation and sufficient volume, could signal a rebound. However, if the price dips below these critical levels, it might shift the perspective. Staying vigilant is key. Always remember, this is just an observation. Do your own research, stay informed, and keep learning. The journey in the crypto world is as much about growth as it is about numbers! 📚📈✨
Long
by whalebuzzz
Bitcoin’s Battlefield: Support, Resistance and Trade SetupsBitcoin’s price has been showing signs of a sustained downtrend after forming a double top pattern. The recent action, combined with low volume and failure to breach key resistance zones, points to a likely retest of lower levels. Over the weekend, the price couldn’t break past the 85K resistance, and the low trading volume around this level suggests that buyer interest is waning. 6H TF Chart: Big Picture vs. Short-Term Action On a higher timeframe (6H), my indicator neatly outlines the bear market of 2022 and the bull market that started in early 2023—when the “cloud” turned green, signaling a shift in momentum. The cloud's lower boundary is currently at $73,364, which is key. Imo, holding above 70K is critical for keeping that bullish vibe alive. 1H TF Chart: Switching over to the 1H chart, the picture shows a bearish structure. The upper resistance around 95K (which aligns with the yearly open near $93,455.85) is proving a solid resistance. The anchored VWAP from the all-time high also sits right at this level, adding more weight to the resistance. Bulls need to clear this yearly open to signal a true recovery. Key Levels & Confluence Zones 1.) Upper Resistance – 93K to 95K: The 95K zone aligns closely with the yearly open ($93,455.85) and the anchored VWAP from the all-time high, both acting as resistance. Daily moving averages (62 EMA at ~$91,316 and 62 SMA at ~$94,900) provide further confluence. Additional resistance between 85K-86K. 2.) Critical Support – 73K to 70K Zone: The lower edge of the cloud on the 6H timeframe sits around 73K. The 0.382 Fibonacci retracement (from the low at $15,473.78 to the all-time high at $109,354) is at $73,492, while the 0.618 retracement (from $49,217 to the all-time high) is around $72,205. Moving Averages on Weekly Chart: The weekly 62 EMA ($72,919) and 62 SMA ($71,590) align well with this support region. Additional Support: A bullish monthly order block at $71,320 adds another layer of confluence. Psychological Importance: A hold above 70K is critical to maintaining bullish momentum. 3.) Monthly Open – $83,385.74: This level serves as a pivot: price is currently hovering below it. A reclaim by bulls would be a positive sign for higher price action, while a rejection reinforces the bearish setup. Trade Setups Long Trade Setup: Entry: Consider laddering in between 75K and 70K as the price retests support. Take Profit: Aim for the monthly open (~84K) initially, and if support holds and flips, a move toward 90K could be considered. Stop Loss: Set below 70K to protect against a further downturn. Short Trade Setup: Entry: A short setup can start at the monthly open, using a laddering approach between 84K and about 86.9K. Take Profit: Target the previous low or 74K. Stop Loss: Place just above 87K to keep risk in check. Thank you for taking the time to read through this technical analysis. I hope it provides valuable insights for your trading decisions. Happy trading!
INDEX:BTCUSDShort
by SiDec
9