NZDCHF is making bearish flag patternAs soon as the price broke the bullish parallel channel, the price dropped sharply and indicated a shifting of trend from bullish to bearish. Right now, the price is making a bearish flag pattern, so it is a good opportunity to avail healthy RR. I have also opened a short position on the chart and am aiming at 1:2 RR, which is also equal to the projection of the bearish flag projection
Trend Analysis
Ethereum Ready To Beat Bitcoin?The Ethereum/Bitcoin daily chart is showing a notable bullish divergence, with price making lower lows while RSI is making higher lows. This is a classic reversal signal, especially as it emerges from oversold territory.
Volume also confirms growing interest, as buyers stepped in aggressively on the recent dip. However, while this divergence increases the probability of a bounce, ETH/BTC still needs to break above key resistance levels to confirm a trend shift. Until then, this remains a potential bottoming signal rather than a confirmed reversal.
GBPUSD longPrice is showing bullish signs on the 3M and the monthly
The monthly formed a three pin pattern indicating that price will go higher than February's high at 1.2715
The weekly and daily timeframes are not giving obvious signs as to where price is headed but I am waiting for a buy confirmation to form on the 4h and daily timeframe before I buy the pair.
Airbnb Weekly Update (03/02/2025) - Inverse Head and ShouldersThe chart for Airbnb (ABNB) on the weekly timeframe suggests a potential inverse head and shoulders pattern, which is typically a bullish reversal signal.
Inverse Head and Shoulders Formation:
The chart clearly outlines a left shoulder, head, and right shoulder pattern. This structure often signals a reversal from a downtrend to an uptrend.
The neckline (blue resistance line) has been tested multiple times, indicating its significance. A confirmed breakout above this level could lead to further upside momentum.
Volume Analysis:
Volume spikes during the formation of the right shoulder suggest increasing interest from buyers. If volume increases during a breakout above the neckline, it would confirm the bullish bias.
RSI Momentum:
The RSI is currently around neutral levels (50.78), suggesting there’s room for upward movement before hitting overbought conditions. This supports the potential for further gains if momentum builds.
Ichimoku Cloud Support:
The price appears to be consolidating above the Ichimoku cloud, which often acts as dynamic support in an uptrend.
Upside Target:
If the breakout occurs, the measured move target can be calculated by adding the height of the head to the breakout point. This would project a potential target near $175–$180.
Gold XAUUSD Move 03-07 March 2025Technical Analysis & Trade Signal
Market Overview:
Current Price: Around 2,858.140 USD
Trend Analysis:
The price was in an uptrend but recently broke down, indicating a possible bearish reversal.
A key support level was broken, which is now acting as resistance.
Key Levels:
Resistance Zones:
Minor Resistance: 2,900 - 2,920 USD
Strong Resistance: 2,960 USD
Support Zone: 2,780 - 2,800 USD
Trade Signal:
📉 Sell Signal: If the price retests the 2,900 - 2,920 USD resistance zone and rejects downward, enter a short trade targeting 2,800 USD.
📈 Buy Signal: If the price holds support around 2,780 - 2,800 USD and starts moving up, consider a long trade targeting 2,900 USD.
👉 Confirmation: Use additional indicators like RSI, MACD, and volume to confirm the trade setup before executing.
You won’t believe how bearish ROSE is! (1W)A lot of data is now available on the rising pattern of ROSE. It appears that a large triangle has been completed, which was our wave B.
With the break of the B-D trendline, the triangle is now finished, and we are currently in wave C. Wave C is bearish and should take more time than the large wave A.
ROSE is expected to remain bearish for the next few months, but keep in mind that before the drop, it may pull back to the multi-week supply zone.
Let’s see how it plays out.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
$WIF - Massive Bullish Divergence SEED_WANDERIN_JIMZIP900:WIF price has experienced lower lows and lower highs but the momentum indicators pointing higher despite the prices drops.
Today it's challenging the first descending trendline, with a swift move up to 0.67. A follow-through could see a swift move towards the upper trendline at 0.86
The big test will be breaking through the upper descending trendline, a break above would be extremely bullish for WIF with significant upside potential from current levels.
XRP - Long termIt should be noted that any asset may experience a sudden decrease in value, but XRP has had a slight decrease in price after a 150% increase from the price of $0.50. Although this currency will definitely increase in the future, it is necessary to pay attention to the decreases and make purchases within the price support areas because these support areas are highly regarded by the general public. In this analysis, two limits have been identified that are used to enter the market in the event of a price drop.
Sasha Charkhchian
$COOKIE - Bullish, Must capture and hold above $0.25$Cookie has had an impulsive 90% move from the lows, but has faced significant resistance whenever it climbed above 0.25
The move has been followed by a significant increase in trading volume over the last few days.
Momentum indicators are turning upwards and a if Cookie can hold above 0.25, it can serve as a launchpad for a sustained move higher.
Solana is trying to climb back.Sol was crashing badly and was not pulling back up.
There are three things to look for.
1-Sol is accmmulating and already done manupilation.
2-There is this type of double bottom forming indicating bullish momentum.
3-Market left ghost volume at upward levels and gonna fill those.
4-Fear gread index indicating buying because when other fear then buy when others greed then sell.
IDEAFORGE - WEALTH DESTROYER ?The chart speaks for itself, as always.
This is a prime example of why buying a company solely because it’s "new age" can be a mistake.
Given the widespread adoption of drones, you’d expect a drone manufacturer to perform well.
The stock debuted on the NSE at ₹1,300 per share—a staggering 93.5% premium over its issue price.
At the current market price, 73% of the wealth has been eroded.
What do you think comes next?
A reversal or a continued downtrend?
Disclaimer: This analysis is purely for educational purposes and does not constitute trading advice. I am not a SEBI-registered advisor, and trading involves significant risk. Please consult with a financial advisor before making any investment decisions.
GBPNZD - Bullish Continuation in Play?OANDA:GBPNZD is currently trading within an ascending channel, indicating a strong uptrend. The price has broken above a key resistance zone and may now be pulling back for a retest. This area previously acted as resistance and may now serve as support, aligning with a potential bullish continuation.
If buyers confirm support at this level, the price is likely to move upward toward 2.26160, which aligns with the upper boundary of the channel. Conversely, a failure to hold support could signal a potential bearish shift.
Traders should monitor for bullish confirmation signals, such as bullish engulfing candles, strong wicks rejecting the support zone, or increased buying volume, before considering long positions.
Let me know your thoughts or any additional insights you might have! 🚀📈
GBPAUD Bullish breakout, The Week Ahead 03rd March '25The GBPAUD currency pair maintains a bullish sentiment, supported by a longer-term uptrend. Recent price action has confirmed a breakout above a key level, but the possibility of a retracement remains, making it crucial to assess both bullish and bearish scenarios.
Key Levels to Watch
Resistance Levels: 2.030, 2.040, 2.056
Support Levels: 2.010, 1.9927, 1.9770, 1.9620
Bullish Scenario
If GBPAUD sustains price action above the 2.010 breakout level, it could signal strong bullish momentum. A successful retest of this level as support may provide a foundation for further upside, with key resistance targets at 2.030, followed by 2.040 and ultimately 2.056 in the longer term.
Bearish Scenario
A failure to hold above 2.010, followed by a confirmed breakdown and daily close below this level, would weaken the bullish outlook. In this scenario, selling pressure could intensify, leading to downside targets at 1.9927, with further retracement potential toward 1.9770 and 1.9620 over an extended timeframe.
Conclusion
GBPAUD remains in a bullish structure, but price action around the 2.010 level will be critical in determining the next move. A strong hold above this level could reinforce further gains, while a breakdown below it may trigger deeper retracements. Traders should monitor key support and resistance levels closely for confirmation of the next directional move.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
EURNZD – Bullish Continuation Toward 1.86640OANDA:EURNZD is currently trading within an ascending channel, maintaining a strong bullish momentum. The price has broken above a key resistance zone and may now be pulling back for a retest. This area previously acted as resistance and may now serve as support, aligning with a potential bullish continuation.
If buyers confirm support at this level, the price is likely to move upward toward 1.86640, which aligns with the upper boundary of the channel. Conversely, a failure to hold support could signal a potential bearish shift.
Traders should monitor for bullish confirmation signals, such as bullish engulfing candles, strong wicks rejecting the support zone, or increased buying volume, before considering long positions.
Let me know your thoughts or any additional insights you might have! 🚀📈
EURAUD – Bullish Continuation Toward 1.68270OANDA:EURAUD is currently trading within an ascending channel, maintaining a strong bullish structure. The price has broken above a key resistance zone and may now be pulling back for a retest. This area previously acted as resistance and may now serve as support, aligning with a potential bullish continuation.
If buyers confirm support at this level, the price is likely to move upward toward 1.68270, which aligns with the upper boundary of the channel. Conversely, a failure to hold support could signal a potential bearish shift.
Traders should monitor for bullish confirmation signals, such as bullish engulfing candles, strong wicks rejecting the support zone, or increased buying volume, before considering long positions.
Let me know your thoughts or any additional insights you might have! 🚀📈
AUD/USD Technical AnalysisCurrent Market Trend: Bearish 📉
AUD/USD has been in a strong downtrend, experiencing significant selling pressure. After a continuous decline, the pair has now found support around the 0.61900 level, where buyers have stepped in, leading to a short-term rebound.
Possible Scenarios:
📈 Bullish Scenario:
If AUD/USD manages to break and hold above the 0.62200 resistance level, we may see further upside movement toward 0.62300 and potentially 0.62800.
A successful breakout above 0.62800 could signal a trend reversal, leading to further bullish momentum.
📉 Bearish Scenario:
If the pair fails to break above 0.62200, selling pressure may increase, pushing the price lower.
A move below 0.61900 could indicate weakness, with the next downside targets at 0.61700 and 0.60900.
A break below 0.60900 would confirm a deeper bearish trend, opening the door for further downside moves.
Trading Strategy:
Bullish entry: After a confirmed breakout above 0.62200, targeting 0.62800 with a stop-loss below 0.61900.
Bearish entry: If the price rejects 0.62200, looking for short positions with targets at 0.61700 and 0.60900.
Dogecoin (DOGE), my notes for long-termThere are rising and falling wedges in the " flag formation ." The short-term target of this formation is 0.55 - 0.6. The flag formation target is 0.9 - 1 dollar goal.
Apart from this, there is a strong support between 0.2 - 0.22, if it is divided, the bullish formation will not work. The close resistances are 0.31 - 0.37 - 0.44 - 0.56 respectively. Apart from this, movements within the trend lines can be followed.
This is not investment advice.
#ADA/USDT#ADA
The price is moving in a descending channel on the 1-hour frame and is adhering to it well and is heading to break it upwards strongly and retest it
We have a bounce from the lower limit of the descending channel, this support is at a price of 0.5923
We have a downtrend on the RSI indicator that is about to break and retest, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.6615
First target 0.7111
Second target at 0.7585
Third target at 0.8205
Hedera: Genius Market Analyst Reveals True State Of The MarketHedera just tested its long-term baseline support. Guess what level this support matches perfectly? You guessed right my dear friend, it is the 0.618 Fib. retracement level for the last bullish wave; Boom!
What does this means?
Well, if you don't know please allow me to be the one to tell you that you are a rookie, but also let me tell you that you are about to learn. We all start from scratch, from nothing, and with practice and persistence we grow.
The 0.618 Fib. retracement level is a major level when it comes to Crypto. When a pair finds support at this level or near it, you can bet that prices aren't likely to move much lower.
Here we have HBARUSDT weekly and the test of this support happened twice on a wick. After the support was tested, we have a move above 0.5 Fib. with a full green candle, this is simply bullish.
The grey line I drew on the chart is our baseline. This level worked as support in late 2021. When this level failed HBARUSDT entered a strong bear-market. The bear-market consolidation and accumulation phase happened below. Then HBAR recovered and produced really high volume to move back above it and now, after a strong rise, the same level works as support.
In short, Crypto is going up.
Namaste.