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Technical Analysis

SUSDT Key Resistance Broken – Bullish Momentum SUSDT has recently broken through a key resistance level, signaling a shift in market sentiment and the potential for a strong upward movement. Breaking past major resistance is a crucial technical event that often leads to a new phase of price action, and for sUSDT, this breakout has been accompanied by good volume, confirming the strength of the move. With strong investor interest and an expected gain of 25% to 30%+, traders are now watching closely to see how the price behaves as it continues to test new highs. The breakout above resistance sets the stage for further bullish movement, potentially attracting more buyers into the market. The breakout from the main resistance level is a key indicator that the sellers' control has been broken, and buyers are now in charge. As the price holds above this key level, it’s likely that more traders will enter, pushing the price higher. The good volume supporting the breakout further validates that this move has solid momentum, and the chances of a sustained rally are increasing. If sUSDT continues its upward trajectory, it could reach the projected gain range of 25% to 30%+, with new resistance levels providing the next potential targets. Investors are taking increasing interest in sUSDT as the price breaks above important technical levels. This shift in market sentiment is not only supported by the price action but also by the growing participation from investors who see potential for further gains. The volume confirms that this is not a false breakout, and as more traders recognize the bullish setup, the price could continue to rise steadily. With solid technical backing and a growing interest in the project, sUSDT is positioning itself as a strong candidate for higher returns in the near term. Traders should monitor key support levels to ensure that the breakout holds. If sUSDT can maintain its position above the broken resistance level, it could continue to gain momentum, offering a potential 25% to 30%+ return. As always, staying updated on broader market conditions and volume trends will help confirm the strength of the breakout. Given the current setup, sUSDT presents an exciting opportunity for traders looking to capitalize on a potential upward trend in the near future.
Long
by Alpha-GoldFX
Chart Patterns That Keep Showing Up (Are Traders Predictable?)In the grand theater of financial markets, traders often fancy themselves as rational actors, making decisions based on cold, hard data. Yet, time and again, their collective behavior etches familiar patterns onto price charts, as if choreographed by an unseen hand (the Invisible Hand?) All across the world economy , markets trade in patterns. The trick is to spot those patterns before they unfold. These recurring formations, known as chart patterns, are a testament to the predictability of human psychology in trading. Let's rediscover some of these enduring patterns, exploring why they persist and how you can leverage them. 🚿 The Head and Shoulders: More Than a Shampoo Brand Imagine a market trend as a partygoer who's had one too many. Initially, they're lively (the left shoulder), then they reach peak status of euphoria (the head), but eventually, they slump with one last “let’s go party people” (the right shoulder). This sequence forms the Head and Shoulders pattern, signaling a trend reversal from bullish to bearish. Traders spot this pattern by identifying three peaks: a central, higher peak flanked by two lower, similar-sized peaks on each side. The neckline, drawn by connecting the lows between these peaks, becomes the critical support level. A break below this line suggests the party's over, and it's time to exit or short the trading instrument. Conversely, the Inverse Head and Shoulders indicates a reversal from bearish to bullish, resembling a person doing a headstand—a strong sign the market's ready to flip. Ready to hunt down the charts for some Head and Shoulders? Try out the Head and Shoulders drawing tool . ⛰️ Double Tops and Bottoms: Déjà Vu in Trading Ever experience déjà vu? The market does too, in the form of Double Tops and Bottoms. A Double Top resembles the letter "M," where the price hits a high, retreats, and then tests that high again before declining. It's the market's way of saying, "I've been here before, and I'm not going higher." The Double Bottom, shaped like a "W," occurs when the price drops to a low, rebounds, and then retests that low before rising. It's akin to the market finding a sturdy trampoline at support levels, ready to bounce back. These patterns reflect traders' reluctance to push prices beyond established highs or lows, leading to reversals. ⚠️ Triangles: The Market's Waiting Game When traders are indecisive, prices often consolidate, forming Triangle patterns. These come in three flavors: Ascending Triangle : Characterized by a flat upper resistance line and a rising lower support line. Buyers are gaining strength, repeatedly pushing prices up to a resistance level. A breakout above this resistance suggests bullish momentum. Descending Triangle : Features a flat lower support line and a descending upper resistance line. Sellers are in control, and a break below support signals bearish continuation. Symmetrical Triangle : Both support and resistance lines converge, indicating a standoff between buyers and sellers. The eventual breakout can go either way, and traders watch closely for directional cues. Triangles epitomize the market's pause before a storm, as participants gather conviction for the next move. Feel like looking for some triangles on charts? Jump straight to our easy-to-use Triangle Pattern drawing tool . 🏁 Flags and Pennants: The Market Takes a Breather After a strong price movement, the market often needs a breather, leading to Flags and Pennants. These are short-term continuation patterns that indicate a brief consolidation before the trend resumes. Flag : Resembles a parallelogram sloping against the prevailing trend. It's like the market catching its breath before sprinting again. Pennant : Looks like a small symmetrical triangle that forms after a sharp move. Think of it as the market pitching a tent before continuing its journey. Recognizing these patterns helps traders position themselves for the next leg of the trend. 🧠 The Psychology Behind Pattern Persistence Why do these patterns keep appearing? The answer lies in human psychology. Traders, despite access to vast information, are influenced by emotions like fear and greed. This collective sentiment manifests in predictable ways, creating patterns on charts. For instance, the Head and Shoulders pattern emerges because traders, after pushing prices to a peak, become cautious. Early sellers take profits, causing a dip. A second rally (the head) attracts more participants, but if it fails to sustain, confidence wanes, leading to a sell-off. The final attempt (right shoulder) lacks conviction, and once support breaks, the downtrend ensues. Understanding the emotional drivers behind these patterns allows traders to anticipate moves and strategize accordingly. 🎯 Using Patterns to Your Advantage While recognizing patterns is valuable, it's crucial to approach them with a discerning eye: Confirmation is Key : Don't act on a pattern until it's confirmed. For example, in a Head and Shoulders, wait for a break below the neckline before taking a position. Volume Matters : Volume often validates a pattern. A genuine breakout is usually accompanied by increased trading volume, indicating strong participation. Contextual Awareness : Consider the broader market context. Patterns can yield false signals in volatile or news-driven environments. Risk Management : Always set stop-loss orders to protect against unexpected moves. Patterns suggest probabilities, not certainties. 🧬 The Evolution of Patterns in Modern Markets In today's algorithm-driven trading landscape, one might wonder if traditional chart patterns still hold relevance. Interestingly, even sophisticated trading algorithms (those used by hedge funds and investment managers) are programmed based on historical patterns and human behavior, perpetuating the cycle. Moreover, as long as markets are driven by human participants, emotions will influence decisions, and patterns will emerge. The tools may evolve, but the underlying psychology remains constant. 🤗 Conclusion: Embrace the Predictability In the volatile world of trading, chart patterns serve as a bridge between market psychology and price action. They offer insights into collective behavior, providing traders with a framework to anticipate movements. By studying these recurring formations, traders can align their strategies with market sentiment, turning the predictability of human nature into a trading edge. What’s your go-to technical analysis pattern? Are you and H&S trader or maybe you prefer to trade double tops? Share your approach in the comments!
Education
by TradingView
18
#ADAUSDT remains strong—expecting further upside!📈 LONG BYBIT:ADAUSDT.P from $0.8106 🛡 Stop Loss: $0.8066 ⏱ 15M Timeframe ✅ Overview: ➡️ BYBIT:ADAUSDT.P is trading in an accumulation zone, breaking the local resistance at $0.8106, which could act as a long entry point. ➡️ POC (Point of Control) at $0.7971 confirms strong buyer interest below the current levels. ➡️ The price maintains an upward structure, and a breakout above $0.8106 could lead to further upside. ➡️ Rising volumes confirm bullish activity and potential growth. ⚡ Plan: ➡️ Enter long above $0.8106, confirming the breakout. ➡️ Risk management via Stop-Loss at $0.8066 to protect against false breakouts. 🎯 TP Targets: 💎 TP1: $0.8138 🔥 TP2: $0.8195 ⚡ TP3: $0.8266 🚀 BYBIT:ADAUSDT.P remains strong—expecting further upside! 📢 BYBIT:ADAUSDT.P is showing a solid bullish impulse. A breakout above $0.8106 could lead to a test of $0.8138 – $0.8266. 📢 However, if the price drops below $0.8066, it may signal a return to the consolidation zone.
Long
by MoriartyTrading
Silver is still flirting with its key short-term resistance areaLooking at the current technical right now, we can see that MARKETSCOM:SILVER bulls are trying to find strong grounds to lift themselves and travel back to the current all-time high. However, certain boxes have to be ticked first, before we can get a bit more comfortable with further action to the upside. TVC:SILVER 74.2% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Past performance is not necessarily indicative of future results. The value of investments may fall as well as rise and the investor may not get back the amount initially invested. This content is not intended for nor applicable to residents of the UK. Cryptocurrency CFDs and spread bets are restricted in the UK for all retail clients.
MARKETSCOM:SILVER
by Marketscom
NSE GLAND: A Critical Resistance Zone That Could Shift the TrendTimeframe: Daily In NSE GLAND, the price has respected the channel in three distinct moves, indicating a potential 3-wave correction setup. Currently, it is trading below the 50 and 100 EMA, with ATR at 55.96 and ADX at 42.07 . After reaching a high of 2220, the price declined and formed a corrective structure. Wave (A) completed at 1585.7 , followed by wave (B) at 1964 . Presently, wave 4 of wave (C) is in formation. The 1545-1585 zone serves as a strong resistance, where a decisive breakout could shift the trend. However, the price still needs to reach 1328 to complete a 100% extension of wave A, making wave C = wave A at 1328 . A strong throw-under could enhance the probability of revisiting levels near wave (B). We will update further information soon.
NSE:GLAND
by forextidings
NSE IOC – Approaching a Key Demand ZoneTimeframe: Daily After reaching a high of 196.8, the price has declined by over 39% in 13 weeks. It is currently trading below the 50/100 EMA band, with ATR at 3.68 and ADX at 26.02 . According to the Elliott Wave projection, the peak of 196.80 can be identified as a wave ((3)). The security is currently undergoing the formation of a corrective wave (4). Wave (B) formed at 185.97 , while wave 4 of wave (C) was completed at 145.10 . NSE IOC is now setting up for the final wave 5 of wave (C). Two key Fibonacci relationships help estimate the end of the correction: 1.618 Fibonacci extension of wave (A) at 106.54 (for wave C) 0.618 Fibonacci extension of wave 1 at 115.52 (for wave 5) The price is expected to settle between 115 and 105 , which serves as a key demand zone for buyers. If the price breaks out and sustains above 129.75, traders can target the following levels: 139 – 156 – 172+. we will update further information soon.
NSE:IOC
by forextidings
GBPUSD Dusting 350+ PIPS in Choppy Waters - Breakout is Brewing?Technical / Chart Analysis: Double Top Formation: The chart clearly exhibits a potential double top pattern around the 1.30564 resistance level. This is a bearish reversal pattern that suggests a potential trend change from bullish to bearish. Breakdown of Uptrend: The preceding price action shows an uptrend, which has now been halted by the double top. Key Support Level: The most crucial level to watch is the support around 1.28642. A confirmed break below this level would validate the double top pattern and signal a potential strong move downwards. Monthly Performance: January saw a +180 pip move, followed by February with a +230 pip gain. This demonstrates the potential for significant profits in GBPUSD through swing trading. Swing Analysis: February's +230 pip move consisted of 3 upward swings and 2 downward swings, highlighting the importance of capturing both upward and downward momentum in this pair due to the Choppy Price Action. Conclusion: FX:GBPUSD is at a critical juncture. The potential double top formation suggests a bearish bias, but confirmation is needed. Traders should closely monitor the key support level at 1.28642 for a potential breakdown and look for LONG Trades on breaking key levels to the Upside What are your thoughts on GBPUSD's potential for swing trading? Do you see a breakdown or a bounce? Share your analysis and comments below!
Long
by blamezak_trades
#HBARUSDT remains under seller pressure—expecting further declin📉 SHORT BYBIT:HBARUSDT.P from $0.21913 🛡 Stop Loss: $0.22070 ⏱ 1H Timeframe ✅ Overview: ➡️ BYBIT:HBARUSDT.P continues trading in a downtrend, staying below the key level of $0.21913, which could act as a short entry point. ➡️ POC (Point of Control) is positioned above the current price, indicating strong liquidity and selling pressure. ➡️ The price failed to hold above $0.22070, reinforcing the bearish scenario. ➡️ If local lows are broken, further downside movement is expected. ⚡ Plan: ➡️ Enter short below $0.21913, confirming the bearish momentum. ➡️ Risk management via Stop-Loss at $0.22070, placed above the nearest resistance. 🎯 TP Targets: 💎 TP1: $0.21792 🔥 TP2: $0.21594 🚀 BYBIT:HBARUSDT.P remains under seller pressure—expecting further decline! 📢 BYBIT:HBARUSDT.P is showing weakness in the market. If the price breaks below $0.21913, increased selling momentum may lead to $0.21792 – $0.21594. However, if the price rebounds above $0.22070, a short-term recovery could occur.
Short
by MoriartyTrading
2
#APEUSDT – Bullish Momentum DevelopingBYBIT:APEUSDT.P is trading near the local support zone around $0.7333, showing signs of potential upside movement. If the price holds above this level, a breakout towards higher resistance levels is likely. Should the bullish momentum continue, the price may reach $0.7478. Volume remains moderate, but buyers appear to be accumulating positions. If the support at $0.7333 holds, an upward move toward the nearest resistance zones can be expected. 📊 LONG BYBIT:APEUSDT.P from $0.7333 🛡 Stop Loss: $0.7284 ⏱ 1H Timeframe ✅ Overview: ➡️ BYBIT:APEUSDT.P is holding the $0.7333 support zone, which could act as a base for further upside. ➡️ A breakout above this area may lead to a stronger bullish move toward key resistance levels. ➡️ The major resistance level is at $0.7478, where profit-taking may occur. ⚡ Plan: ➡️ Enter long from $0.7333 upon confirmation of demand. ➡️ Stop-Loss at $0.7284 to minimize risks in case of a breakdown. 🎯 TP Targets: 💎 TP1: $0.7390 🔥 TP2: $0.7444 ⚡ TP3: $0.7478 📢 If the price holds above $0.7333, buying pressure may increase, leading to $0.7478. 📢 However, a breakdown below $0.7284 would invalidate the bullish scenario. 🚀 BYBIT:APEUSDT.P has bullish potential – expecting a move!
Long
by MoriartyTrading
Overall Market Structure XAUUSD1. Overall Market Structure The market is currently in a strong bullish trend, forming higher highs and higher lows. A retracement is occurring around the $2900 - $2927 zone, which could be a Liquidity Grab before the next move. 2. Key Support & Resistance Levels Resistance Zones: $2927 - $2942 (Key Fibonacci 0.236 - 0.0 level), which has already triggered a reaction from sellers. Support Zones: $2870 - $2890 (Fibonacci 0.786) – A critical area where buyers may step in. $2779 (Support from the previous week) – If a deeper correction occurs, this could act as a liquidity area for long positions. 3. Liquidity & Key RTM Zones Liquidity was grabbed above $2942, indicating potential sell-side orders. A retracement towards $2890 - $2902 (important FLIP zone) could determine the next direction. Smart Money might manipulate price around these levels to trap retail traders before a strong move. 4. Possible Scenarios for Next Week Bullish Scenario: If price holds above $2890 - $2902, we could see a push towards $2942 - $2960. A breakout above $2942 could extend the bullish rally to $3000 and beyond. Bearish (Deeper Retracement) Scenario: If $2890 support fails, the price could drop to $2779 - $2760, where buyers might step in. 5. Conclusion & Trading Strategy 📌 If $2890 - $2902 holds as support, expect further upside momentum. 📌 If this support breaks, a deeper retracement to $2779 - $2760 is possible. 📌 Watch for liquidity grabs and confirmation signals before entering a trade. ❗ Recommendation: Monitor price reaction at $2890 before making trading decisions. If buyers defend this level, long positions could be favorable.
SAXO:XAUUSDShort
by hesamdrgym
Godfrey Phillips India – Major Breakout in Progress! 📌 Technical Breakdown & Swing/Positional Trade Idea Godfrey Phillips India is currently breaking out of a 150-day broadening pattern, signalling strong bullish intent with increasing volume participation. Let’s break it down: Key Levels & Market Structure: Monthly Resistance Breakout (Yellow Line): The price has convincingly broken above a key monthly closing resistance, marking a shift in trend. Supply-to-Demand Zone Flip: A critical supply zone (marked in red) was breached and is now acting as an important demand area, where buyers are likely to step in for re-entries at better prices. Broadening Structure: The stock has followed a classic expanding range (marked by white trendlines), showing volatility compression and breakout strength. Weekly Counter-Trendline (CT): A hidden WTF resistance line (yellow) from the weekly timeframe was also taken out, adding further confluence to the move. Cup & Handle Breakout (Cyan Zone): A recent cup & handle breakout with strong volume clusters confirms bullish momentum. Trading at 50-Day High: The stock is now at a new short-term high, indicating sustained strength in price action. Glossary (For Better Understanding): Broadening Pattern: A technical formation where price swings increase in magnitude, forming an expanding structure. Supply-Demand Flip: A price zone that initially acted as a supply (resistance) but later turned into a demand (support) after a breakout. Counter-Trendline (CT): A hidden trendline that acts as a resistance within a prevailing trend, often creating liquidity traps. WTF Hidden Resistance: A key level that isn't easily visible but plays a crucial role in price reactions. Cup & Handle Breakout: A bullish continuation pattern indicating accumulation before a breakout. Volume Clusters: Areas where heavy trading activity occurs, often signaling accumulation or distribution zones. 🚀 Conclusion: With multiple bullish confluences, volume backing, and a clean breakout, this trade setup presents a high-probability swing & positional opportunity. However, risk management remains key! Let me know your thoughts in the comments! Are you tracking this setup?
NSE:GODFRYPHLPLong
by Averoy_Apoorv_Analysis
#OMUSDT – Critical Breakout Zone📊 BYBIT:OMUSDT.P is consolidating after a strong impulse move, trading near POC ($7.5915), indicating liquidity accumulation. The price is currently trapped in a tight range, suggesting an imminent breakout in either direction. Recent high volumes indicate strong participation from major players. The question remains—will buyers push the price higher, or will sellers take control and drive it down? ⏱ 1H Timeframe ✅ Overview: ➡️ BYBIT:OMUSDT.P remains in a tight consolidation zone between resistance $7.8215 and support $7.3820. ➡️ POC ($7.5915) marks the high-volume area, making this range critical for the next move. ➡️ Price action within this zone may continue until a confirmed breakout occurs. ━━━━━━━━━━━━━━━━━━ ⚡ Long Plan: ➡️ Enter long above $7.8215 after a strong breakout and confirmation. ➡️ Stop-Loss at $7.7480—below the consolidation range. 🎯 TP Target: 💎 TP1: $7.9435 ━━━━━━━━━━━━━━━━━━ 📉 Short Plan: ➡️ Enter short below $7.3820 after confirming weakness. ➡️ Stop-Loss at $7.4740—above the nearest resistance. 🎯 TP Targets: 💎 TP1: $7.2595 💎 TP2: $7.1592 📢 If the price confirms a breakout above $7.8215, an upside move to $7.9435 is likely. 📢 Conversely, a breakdown below $7.3820 could lead to $7.1592. 🚀 BYBIT:OMUSDT.P is poised for a breakout—watch volume and direction closely!
by MoriartyTrading
GBP/USD Breaks Key Resistance: Targeting 1.2800 GBP/USD is trading at approximately 1.2580. Your target price of 1.2800 suggests an anticipated upward movement of over 200 pips, indicating a bullish outlook. The pair has recently broken above a significant resistance level, and the next key resistance is identified at 1.2800, which could potentially act as a barrier and prompt a downward correction. Technical analysis reveals that GBP/USD has exited a multi-month downtrend, with the January rebound extending nearly 4.4% from the yearly low. This upward momentum suggests potential for further gains; however, traders should be cautious as the 1.2800 resistance level may trigger selling pressure, leading to a possible retracement. Fundamentally, the UK's economic landscape is experiencing shifts. Inflation is expected to rise to 2.8% in January, influenced by factors such as the introduction of VAT on private school fees and increased airfares. This follows the Bank of England's recent 25 basis point rate cut, aimed at stimulating economic activity. Conversely, the U.S. economy shows resilience, with strong economic data suggesting that further interest rate cuts by the Federal Reserve are unlikely. In summary, while the GBP/USD pair exhibits bullish momentum with a potential target of 1.2800, traders should remain vigilant. The 1.2800 resistance level may serve as a critical point, possibly leading to a downward correction. Monitoring upcoming economic data releases and central bank communications will be essential in making informed trading decisions.
Long
by AndrewsMarket-Mastery
1
GLUSDT 50%-77% Gains – Bullish Momentum Set to Surge!GLUSDT has recently broken out of a Falling Wedge Pattern, a technical formation that typically signals the end of a downtrend and the potential for significant price action upward. The Falling Wedge is characterized by converging trendlines, with the price action tightening as buyers and sellers reach an equilibrium before one side gains control. With a solid breakout now in play, GLUSDT is poised for a strong bullish move. The volume accompanying the breakout is good, indicating strong market participation and confirming that the move has the potential to continue. Traders are anticipating gains ranging from 50% to 77%+ as the price continues to push higher, potentially testing key resistance levels. The breakout from the Falling Wedge pattern is a key event for GLUSDT, and with good volume supporting this move, it increases the likelihood that the price will continue its upward trajectory. Falling Wedges typically indicate that buying pressure is starting to build, and once the resistance level is cleared, the price often experiences a surge. The breakout has already set the stage for a potential rally, and traders are now looking for confirmation of the next resistance levels to determine how far the price might go. With strong technical backing and good investor interest, GLUSDT is well-positioned for substantial price gains in the near term. Investors are taking increasing interest in GLUSDT, as the breakout from the Falling Wedge marks a key shift in sentiment. The good volume confirms that this pattern is not a false breakout, and with many traders eyeing the potential for higher returns, this project is gaining momentum. As the market shifts from a bearish to a bullish outlook, GLUSDT could see a sharp rise, testing higher price levels and delivering the anticipated 50% to 77%+ gains. The rising interest and positive market sentiment around GLUSDT further solidify its status as a potential high-reward opportunity. Traders should closely monitor key support and resistance levels as the price action unfolds. If GLUSDT can maintain its momentum and push through further resistance, the rally could extend toward the projected gain levels. As always, it’s important to track volume and market conditions to confirm the strength of the breakout. With the current setup and positive technical indicators, GLUSDT is one of the more promising crypto pairs to watch for potential substantial gains.
Long
by Alpha-GoldFX
IDUSDT 120%-140% Gains – Bullish Momentum Confirmed!IDUSDT has successfully broken out of a Falling Wedge Pattern, signaling the potential for a substantial upward move. The Falling Wedge is a bullish continuation pattern, often seen during downtrends, where the price consolidates within converging trendlines before breaking out. With the breakout now confirmed, the market is showing strong signs of a bullish reversal. The volume accompanying this breakout is good, indicating solid investor participation and confirming that there’s significant buying pressure behind this move. Traders are now anticipating potential gains of 120% to 140%+ as the price targets higher levels. The breakout from the Falling Wedge Pattern marks a key turning point for IDUSDT, as it signals that the price is likely to accelerate after breaking through the upper trendline. The good volume further validates the strength of this move, as higher volume during a breakout is often a precursor to continued upward momentum. With the market clearly showing signs of bullish sentiment, the next major resistance levels will be critical in determining how far IDUSDT can go in the coming days or weeks. If the price continues to maintain its bullish trajectory, the expected gains of 120% to 140%+ could be reached quickly. Investor interest in IDUSDT is increasing, as more traders recognize the potential of this pattern and the breakout that has already taken place. The Falling Wedge often leads to explosive moves once the price clears key resistance levels, and IDUSDT is well-positioned to make such a move. The combination of a well-formed technical setup, strong volume, and growing investor interest is making IDUSDT an exciting project to watch. As the price gains momentum, it could quickly rise, offering significant profits for those who have entered at the right time. Traders should continue to monitor support and resistance levels closely, as these will be key indicators of whether the breakout can hold and sustain its bullish momentum. The overall crypto market sentiment will also play a role in IDUSDT’s movements, but given the strong technical setup and volume, this pair looks poised for impressive gains. As always, careful timing and strategic entry points will be crucial to maximizing profits from this promising setup.
Long
by Alpha-GoldFX