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Trend Lines

BTCUSDSince Donald Trump's election, Bitcoin/USD has experienced a strong bullish trend. While there are several factors contributing to this upward movement, the pair is currently nearing a crucial support level in technical analysis. If this support level holds, it could act as a base for another potential bullish trend. On the other hand, there is an alternative possibility: if Bitcoin/USD breaks below this support line, it could transform into a resistance level, potentially leading to a bearish trend. That said, the analysis indicates that such a bearish outcome is less likely to happen. Please note: This is not financial advice. The information provided is for educational purposes only. Trading involves risk, and you should always conduct your own research and trade at your own discretion.
BITSTAMP:BTCUSDLong
by sirkamal
1
PYTH/USDT: Trendline Break with Triple Wave TargetHere's a concise analysis of the PYTH/USDT 4H chart: Technical Setup: - Breaking out of descending trendline (yellow) - Current price: 0.3697 USDT (+9.06%) - Forming ascending channel (gray lines) - Key resistance zone: 0.48-0.52 (purple box) Projected Targets: 1. 0.40 2. 0.45 3. 0.51 Key Levels: - Support: 0.33 (marked as stop loss) - Current resistance: 0.37 - Volume confirming breakout (15.77M) Strategy: Long above 0.35 with stop loss at 0.32 First target at previous resistance 0.40 Chart shows strong reversal potential with clear target zones marked by the ascending channel and resistance box. Risk Management Note: Always use proper position sizing and consider the volatile nature of this asset * DO YOUR OWN RESEACH * DYOR
Long
by Supachai-Taechapisit
HelenP. I Bitcoin can reach trend line and then start to declineHi folks today I'm prepared for you Bitcoin analytics. Some time ago, the price declined to the support level, after which it turned around and then rebounded and started to grow to resistance level, which coincided with the resistance zone. Then, when the price reached the 101600 level and broke it, after which continued to grow to the trend line. After BTC reached the trend line, it dropped to the 101600 level and broke it, after which tried to back up and failed. Price continued to move down to the support level, which coincided with the support zone, after which rebounded, rose a little, and then fell back. Next, BTC repeated movement up, rose to 100K points, and then corrected to below the support level. After this movement, the price turned around and in a short time rose to the resistance zone, where it reached the trend line and then dropped, breaking the resistance level again. Then BTC fell to a support level, trades between it and later rose back to the trend line. At the moment price trades near the trend line and I expect that BTCUSDT will reach this line and then start to decline. In this case, I set my goal at a 94400 support level. If you like my analytics you may support me with your like/comment ❤️
Short
by FirstNameHelen
5
Is BCHUSDT Preparing for a Bullish Reversal or a Steeper Drop?Yello, Paradisers! Are you watching BCHUSDT closely? If not, you might be missing out on a critical setup that could define the next big move. Let’s dive in. 💎BCHUSDT has retraced beautifully within a descending channel, a textbook setup that raises the odds of a potential bullish breakout. However, as always, we must be strategic and patient. 💎If BCHUSDT approaches key support zone after triggering inducement and then begins to form a bullish I-CHoCH (internal change of character) on lower timeframes, the probability of an upward move significantly increases. 💎Should the price fail to show any bullish structure and continue to decline, a bounce from the next strong support zone could still be expected. However, the chances of dropping further from that point are relatively low. 💎Panic selling could change the game entirely. If BCHUSDT breaks below the strong support zone and closes a candle beneath it, the bullish thesis is invalidated. In such a scenario, it’s wiser to step back and wait for clearer price action before taking any positions. 🎖 Patience is key, Paradisers! Always wait for the highest probability setups to ensure consistent profitability. Remember, discipline and strategy are what separate the winners from the rest. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
2
Magic Eden - Double Bottom - breaking downtrendMagic Eden looks to have carved out a double bottom around the $2.30-2.40 area. It is also in a very large falling wedge. We appear to be breaking out from the downtrend of that falling wedge as we speak. We need to establish support above the demand zone S/R of $3.26. From there we would need to attack the $4.00-$5.00 area and establish it as support. If we can do that, I could maybe see Magic Eden hitting $24.00-$30.00 for the latter part of this bull market. Thank you, and best of luck in your trading and investing!
Long
by LoneWolf1425
Open Trade y Esperar que pasa. I opened this trade without clearly thinking, inspite of drawing clearly what I charted. So I kinda felt forced left a huge opening, and went super heavy. So the next analisis is what I should´ve done. We see that in a higher time frame we have a clear downtrend; so we are expecting a couple of things. Either this upward move is just a retest of previous lows to se if it continues breaking so we should be careful of the upper lightblue line (a support transformed to resistance after broken). So right now we have an open position with a stoploss at an exact 1:1 RR to see what happens also we are waiting for a low to form a valid trendline going up. For this strategy since it is a 2 Touch point trandline we use a support as confirmatión for the change of trend. We expect to at least hit the higher time frame downtrend. NOW WE WAIT AND SEE WHAT HAPPENS. WE CLOSE IF: 1. It hits and the upper resistance and gets rejected. 2. It hits stoploss at 1:1 RR 3. It breaks our uptrend trendline.
NYMEX:PL1!Long
by chenfla
4
Magellan Financial Group Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Magellan Financial Group Stock Quote - Double Formation * 11.00 AUD | Area Of Value * (Consolidation Argument)) | Subdivision 1 - Triple Formation * No Trade)) At 5.00 AUD | Subdivision 2 * Numbered Retracement | Uptrend Bias | Subdivision 3 * Daily Time Frame | Trend Settings Condition Active Sessions On Relevant Range & Elemented Probabilities; European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Buy
CAPITALCOM:MFGAULong
by TradePolitics
Cardano Breakout Alert: Is the Bull Run Back?After Trump's victory in the U.S. presidential election on November 6, Ada experienced a 318% growth in 30 days. After that, sellers were only able to retrace 50% of the previous impulsive wave within 40 days. Currently, the price is struggling to break above the descending trendline. If it successfully does so, it may reach 1.4780, representing a 31.41% increase. What are your thoughts on ADA's next move? 👀 Drop your predictions in the comments below and don’t forget to like if you found this analysis helpful! ❤️🔥
Long
by Market-Analyzer
MXC/USD Layer 3 blockchain Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # MXC/USD | Layer 3 blockchain Quote - Double Formation * A+ Set Up)) | Completed Survey & Entry Bias * ((Triangle Structure)) | Confirmation | Subdivision 1 - Triple Formation * No Trade)) | Reversal Argument | Subdivision 2 * Numbered Retracement | Subdivision 3 * Daily Time Frame | Trend Settings Condition Active Sessions On Relevant Range & Elemented Probabilities; European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Sell
CAPITALCOM:MXCUSDShort
by TradePolitics
Crude OIL SHORT Today Ran For +4R BreakdownNYMEX:CL1! "Successful trading has always been about understand the convictions, the strength and the weakness of buyers and sellers. Once you understand what the other traders are doing in the market, you can successfully trade with them." -Michael Valtos Confluence Profile 500K (Expectational Order-Flow + PA) 10pt Stop / +4R Run... Well Done!! Remember; "Our Profession is to Manage the downside costs of printing HIGHSIDE returns of $$$ consistently. Done correctly, well Abundance awaits us." -500KTrey
NYMEX:MCL1!Education
by TreyHighPwr
S&P 500 / Consolidation with Bearish and Bullish PotentialS&P 500 Analysis The price needs to stabilize below 5,969 to target 5,937, and breaking this level would confirm a continuation of the bearish trend towards 5,893. Alternatively, the price must break above 5,969 by closing a 4-hour or 1-hour candle to signal a bullish trend, with potential upside targets at 6,022. Currently, the market is consolidating between 5,937 and 5,969. Key Levels: Pivot Point: 5,969 Resistance Levels: 6,000, 6,022, 6,057 Support Levels: 5,937, 5,908, 5,864 Trend Outlook: Consolidation is observed between 5,937 and 5,969.
OANDA:SPX500USDLong
by SroshMayi
Bitcoin's Path to $253,953 in 2025 – A Technical PerspectiveIdea Description: In this analysis, I aim to present why I believe Bitcoin (BTC) could reach $253,953 in 2025. This price target is derived from a combination of historical trends and advanced technical analysis. 1️⃣ Key Resistance: The Historical Trendline The trendline formed by the peaks of 2017 and 2021 acts as a robust resistance level. Historically, these trendlines have played a pivotal role in determining Bitcoin's price action during bull cycles. 2️⃣ Convergence with SpiderLines The SpiderLines, established in 2019, perfectly align with the aforementioned trendline, creating a critical confluence zone. This dual-layered resistance suggests that $253,953 will be a significant psychological and technical barrier. 3️⃣ Supporting Market Cycles Analyzing past cycles, we see that Bitcoin often revisits key trendlines in subsequent bull runs. The historical context suggests that 2025 will align with the next cycle peak, reinforcing this price prediction. This idea highlights the importance of respecting historical levels and recognizing key confluences in market analysis. What are your thoughts on this projection? Could BTC challenge this resistance and push higher? Let’s discuss!
BITFINEX:BTCUSDLong
by SetKryptoBalans