GBPCAD: Important Breakout 🇬🇧🇨🇦
GBPCAD broke and closed above both a significant daily horizontal resistance
and a falling trend line.
The broken structure compose an expanding demand zone now.
The market has a great potential to continue rising.
Next resistance - 1.8
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Trend Lines
POV : BLUESTARCO : Fractal BreakoutPOV : BLUESTARCO : Fractal Breakout
Chart Reading:
1. Price was stuck in 17 sessions of the 7th November day's Range.
2. Daily and Weekly Trends and Momentum are bullish.
3. Previous 2 Fractals (Double Top) breakout
For educational purposes only. This is not financial advice. Please consult a professional before making financial decisions.
#NiVYAMi
THE END OF THE GOLDEN ROADGold had failed to break above 2700s resistance area and is showing bearish pressure making LHs and LLs. Currently it is a bit choppy but is overall still bearish and is failing to break above 2650s price area. Next target is 2500s price area for the continuation of current trend.
GOLD HAS BROKEN MANY SUPPORT 🥇 Gold has broken many support levels such as 2640-2630 to extend the decline this morning. In today's Asian session, watch for the recovery to continue to sell gold, aiming for the support zone of 2607-2600.
Gold has broken the triangle pattern around 2638 - And if the H4 candle closes below 2620, it will break the neckline of the head and shoulders pattern
🛫Therefore, watch for the recovery to continue to sell gold.
Long Gold AgainWe just bought gold near 2632, and then gold rebounded above 2643. I just closed our long position near 2642 and easily earned 100 pips.
At present, gold has fallen back to around 2626. Although we just missed the opportunity to short gold, when gold falls back, as long as gold does not fall below the 2625 line, I think the gold fall is still an opportunity to go long on gold, so I just went long on gold again near 2628. I think we should be able to make at least another 100 pips profit. Anyway, wish us good luck!
Bros, have you gone long on gold? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
Finally the end of the bear, start of the bull?Hello hodlers,
hello traders,
i used the same title back in 2020:
And " searching the bottom " is finally over.
My last update was like:
" Third time this year, we try to get above 30k.
Until proven otherwise, we are in a bear... "
Dont get me wrong!
It is possible & will be in the future...
Even if we are in the bull now,
we could see big retracements!
I show in this chart a potential time and price for our next sell zone.
Last time after the breakout it took 44 weeks.
This is where the red box is starting.
Last time we hit the FIB 2.618 level and more.
But we now, every time it will be less explosive.
I slowly will start at FIB 1.618 with my sells.
How you already filled your bags, but if not.
Dont buy now, after several green weeks in a row.
Wait for the next 20-40% correction.
Good luck everybody!
BITCOIN (BTCUSD) Bullish Trend ContinuesBitcoin has shown a strong bullish pattern on the 7-hour chart, specifically an ascending triangle which indicates bullish accumulation and has broken through its resistance.
The current setup includes a trend line and a broken horizontal structure forming a contracting demand zone.
It is likely that the bulls will continue to drive prices higher.
can unemployment claims reverse the trend of USDCHFthe data on unemployment claims is negative for DXY moreover with a bearish trendline and almost perfect head & shoulder pattern it looks like from there the price is going to fall but for confirmation, it has to break the drawn trendline and break that marked support level. I will suggest taking entry for short when the price will take a nice pullback after breaking the support zone as it will be a strong indication of a bearish trend
American Airlines | AAL | Long at $14.00Similar to my cruise line picks, I anticipate airlines to quite literally "take off" in the coming years as interest rates are lowered and people travel more. These two industries never quite recovered from the pandemic, but their time to do so is "likely" fast approaching.
American Airlines NASDAQ:AAL has been consolidating near my selected long-term simple moving average (SMA) for several years. Many retail investors have been beaten up by the sudden up and (especially) down price movements, but this is where larger investors gather their shares. The fact NASDAQ:AAL did not make a new low in August 2024 is a hopeful sign from a technical analysis perspective. While the price may dip to close out the new lower price gaps, I think we are nearing the "take off" zone which will be a massive break through the long-term SMA. A confirmation that something bigger is brewing would be a price move into the $15s, dip down to the $12s, and the larger move up. Regardless of trying to predict bottoms, NASDAQ:AAL is in a personal buy zone at $14.00.
Target #1 = $15.25
Target #2 = $16.55
Target #3 = $18.40
Target #4 = $27.00 (very long-term outlook...)
TradeCityPro | TIAUSDT Analysis Battling a Daily Resistance👋 Welcome to the TradeCityPro channel!
Let’s analyze this promising coin on a day when Bitcoin has set a new all-time high (ATH). As always, we'll break it down step by step to find optimal entry points. 🚀
🏆 Bitcoin Overview
Before diving into TIA, let’s take a quick look at Bitcoin
BTC recently broke its price ATH and achieved a market cap of $2.04 trillion, surpassing Saudi Aramco and securing the 7th position globally in asset rankings.
Following the breakout above 98,857, Bitcoin’s dominance surged, directing attention back to BTC. If dominance remains strong, expect focus to stay on BTC or strong-performing pairs like SUI.
📅 Weekly Time Frame
TIA is a newly listed coin with no prior bull market experience but has achieved a solid market cap, ranking 44th overall.
After an 80% drop, it ranged in a short box before breaking the 6.268 resistance alongside a trendline break.
Currently, TIA faces resistance at 8.783, and an RSI overbought condition post-breakout could trigger a sharp rally towards 11.794.
On a pullback, consider support at 6.268 , After 8.783 breakout, confirm the move with lower time frame analysis for safer entries.
🕐 Daily Time Frame
The range between 4.221–6.268 shows a consistent pattern of higher lows, indicating growing buyer presence.
After closing above the trendline, TIA now struggles at 8.373, with a potential breakout signaling further upward momentum.
For safer entries, wait for a daily close above 8.373, setting your stop-loss at 4.67 , The main breakout point was 6.268, but entering now carries slightly higher risk.
⏳ 4-Hour Time Frame
TIA is ranging between 7.189–8.740, forming clear triggers for futures trades , As long as 7.189 holds, focus remains on a breakout above 8.740 for long positions.
📈 Long Position Trigger
After a clear break of 8.740, ideally with increased volume and momentum.
📉 Short Position Trigger
Avoid shorting during a bull run. Wait patiently for new long opportunities.
💡 BTC Pair Insight
The TIA/BTC pair has shown downward pressure, but recent green candles indicate a bounce from key support.
breakout above 0.00001061 could mark the start of a bullish trend, making it a strong altcoin candidate for growth.
🎯 Conclusion
TIA is showing promising bullish potential, but patience and strategic entries are key. Focus on breaking 8.783 and monitor volume for confirmation. Let the market work in your favor while you position for the next major move!
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
The bulls are not completely defeated, go long gold!Brothers, gold has fallen sharply to around 2635 in the short term, which seems to have broken the recent range of fluctuations. So are the bears really coming? Have the bulls completely failed in the struggle between the long and short sides?
Although gold seems to be falling rapidly in the short term, the bulls still have a certain degree of resistance and will not be completely defeated immediately. I have just reminded that it is difficult for gold to have a sustainable market before the NFP market. So the short-term decline of gold is probably a fake move to trap more short positions of short gold at low levels. So I think before gold falls below the 2630-2625 area, we must be particularly careful about the counterattack of bullish energy, and we cannot blindly chase short gold.
So in terms of trading, we can try to go long on gold in batches in the 2635-2625 area. Wish us good luck!Bros, will you follow me to do more gold? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
$ZIGUSDT: Multi-Month Trend – Aiming for $1!BYBIT:ZIGUSDT - Long Term Play
This could be one of those slow trends that builds up to a huge breakout. It's hard to time the exact move, but we're positioning in case it happens.
Plan:
Bought the monthly retest.
Stop placed on the current daily trend.
Aiming for around $0.30 in the short term, but I see this eventually reaching $1.
Hold:
Multimonth trend confirmed. Get ready for a long ride.
$NPCUSDT: Ready for a 2x Swing by Year-End!MEXC:NPCUSDT - Buy Entry
If you missed the move from 0.02, but looking to enter, now is the time as I believe MEXC:NPCUSDT still has room to go up. I’m playing this swing move and holding my initial buys from 0.02 until the trend fades.
Plan:
Buy now and hold until the end of the year.
Targeting a 2x return by then.