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Trend Lines

AVAX looks ready for another up legAVAX hit our target of $53.61 on Tuesday, and the price is once again attempting to form a head and shoulders pattern, suggesting a potential move lower. However, given the overall bullish market conditions, it’s too early to turn bearish or short. With that in mind, as long as the price stays above $47.61, which is Tuesday’s low, the upward trend is expected to continue. I anticipate the price to reach the recent highs around $55 per coin, followed by a potential move to $60 per coin. What’s your take on the AVAX? Share your ideas below! This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
THINKMARKETS:AVAXUSDLong
by ThinkMarkets
The Moment of Truth – New ATH Incoming?The time has come for Bitcoin to challenge and potentially break through its key resistance level. Market sentiment, combined with technical strength, suggests that a new all-time high (ATH) might be closer than we think. Why BTC Could Break Resistance: Global Momentum: Increasing institutional interest and macroeconomic factors are supporting a bullish outlook. Volume and Buyer Strength: Recent trading activity shows strong buyer interest near critical levels, hinting at sustained demand. ETH’s Time to Shine: Meanwhile, ETH is poised for a resurgence. After a period of underperformance, ETH is no longer being "crushed" by market pressures. With significant developments in its ecosystem and renewed interest, it’s time for Ethereum to perform better and reclaim its standing in the market. What to Watch For: BTC breaking resistance with conviction could signal the start of a broader market rally. ETH following suit could lead to an impressive recovery and potentially outperform BTC in the near term. The markets are at a tipping point—let’s see how this plays out! I keep my charts clean and simple because I believe clarity leads to better decisions. My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups. My Previous Analysis 🐶 DOGEUSDT.P: Next Move 🎨 RENDERUSDT.P: Opportunity of the Month 💎 ETHUSDT.P: Where to Retrace 🟢 BNBUSDT.P: Potential Surge 📊 BTC Dominance: Reaction Zone 🌊 WAVESUSDT.P: Demand Zone Potential 🟣 UNIUSDT.P: Long-Term Trade 🔵 XRPUSDT.P: Entry Zones 🔗 LINKUSDT.P: Follow The River 📈 BTCUSDT.P: Two Key Demand Zones 🟩 POLUSDT: Bullish Momentum 🌟 PENDLEUSDT: Where Opportunity Meets Precision 🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs 🌊 SOLUSDT.P: SOL's Dip - Your Opportunity 🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked 🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer 🤖 IQUSDT: Smart Plan
Long
by XU99
Execute gold trading by selling high and buying lowBros, gold has been fluctuating in the 2645-2655 area most of the time today, with only a fluctuation space of $10. To be honest, it is not easy to participate in trading except for scalping. At present, gold has rebounded to around 2650 again. Gold is still in a narrow range of fluctuations as a whole. Gold may use the NFP market to break the box range, thus showing continuity. So before the NFP market, we can still treat the market with shock in trading. Then the first thing to pay attention to above is the resistance of the 2655-2660 area, and the first thing to pay attention to below is the resistance of the 2640-2630 area. Before breaking the box range, we can rely on the support and resistance areas to sell high and buy low. Trading strategy: 1. Using the 2655-2660 area as resistance, try to short gold; 2. Using the 2640-2630 area as support, try to long gold; Bros, do you know how to correctly grasp the trading rhythm of 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!
OANDA:XAUUSDShort
by Trader_Marvin
HelenP. I Bitcoin will rise a little and then fall to trend lineHi folks today I'm prepared for you Bitcoin analytics. A not long time ago price rebounded from support 1, which coincided with the support zone and started to decline. In a short time, BTC declined to 95700 points, after which tried to grow, but when it reached support 1 then continued to fall. Bitcoin declined until to trend line, thereby breaking support 2, which coincided with one more support zone. But soon, price turned around and in a short time rose to support 2, broke it again, rose a little more, and then made the correction. Next, the price tried to grow to support 1, but failed and later dropped to the trend line, which soon broke and fell to support 2. After this movement, the price some time traded near this level and then made a strong impulse up, thereby breaking the trend line with support 1 and even recently reached a new ATH (104K), after which made a small correction movement. For this case, I expect that BTCUSDT will rise a little and then start to decline to the trend line, therefore I set my goal at 101500 points, which coincides with this line. If you like my analytics you may support me with your like/comment ❤️
Short
by FirstNameHelen
3
HelenP. I Gold will exit from pennant and rise to $2705 levelHi folks today I'm prepared for you Gold analytics. In this chart, we can see how the price declined firstly to the 2705 resistance level, which coincided with the resistance zone and soon broke this level. After this, XAU tried to back up, but when it entered to resistance zone, the price continued to decline and later fell to the 2620 support level, which coincided with the support zone. Gold broke this level too, made a retest, and dropped to the trend line. Then the price started to grow inside the pennant, where it in a short time rose to the 2620 support level and broke it again. Next, the price made a retest and continued to grow until to resistance zone. When Gold reached this area, the price made a fake breakout of the resistance level and then dropped back to the support level. After this, the price some time traded near this level and later tried to grow, but soon fell to the trend line. At the moment price continues to trades near this line inside the pennant. That's why I expect that XAUUSD will start to grow to a resistance level, thereby exiting from the pennant pattern. For this case, my goal is the 2705 level. If you like my analytics you may support me with your like/comment ❤️
OANDA:XAUUSDLong
by FirstNameHelen
4
USD/JPY Short Setup - Trendline playI am currently looking for a short position on USD/JPY Entry Point: 150.304 Near the red downtrend line, ensuring alignment with price rejection and resistance. Trade Management: Stop Loss (SL): Placed above the most recent high for protection. First Take-Profit (TP1): At the first 4-hour resistance; SL will be moved to breakeven (BE) at this level to secure risk-free profits. Partial Profits: Will be taken at subsequent 4-hour resistance levels to lock in gains. Current bias: Bearish, respecting the downtrend line and maintaining lower highs. Moving averages and key resistance zones provide confluence for this setup.
Short
by PipShiesty
1
POV DCAL : Consolidation Breakout: A Bullish SetupTechnical Education Insight (A) Downtrend Line: This line indicates a consistent downtrend until a breakout occurs. (B.1) Trendline Breakout: The stock breaks the downtrend line with strong conviction, marked by significant volume (B.2). (C) Consolidation Phase: After the breakout, the stock trades within a limited range for over 100 days, showing consolidation. (D.1) Fresh Breakout: Today, the stock breaks out of this range, closing above it with high volume (D.2). 200 SMA Breakout (E): The close above this key moving average further strengthens the bullish signal.
NSE:DCALLong
by kzatakia
POV : BEL : Bharat Electronics LtdPOV : BEL : Bharat Electronics Ltd Chart Reading: 1. Took Support at Fib Level 0.5 2. Creating Pole and Flag kind of Pattern (which I try to demonstrate) 3. or You can say channel breakout 4. current session closed above previously formed double top 5. bounce back from 200 sma twice Concern: 1. after giving entry and reach to POA might retest 2. my volume expectation little more while breakout 3. during pullback phase should not go in to channel zone again. have to observer. For educational purposes only. This is not financial advice. Please consult a professional before making financial decisions. #NiVYAMi
NSE:BELLong
by kzatakia
POV : HCC : It's Time to Ride Again...POV : HCC : It's Time to Ride Again... My 3rd ride on HCC... Let's Hit the Road Chart Reading: 1. Took Support at Deep FIB Level 2. RSI and other momentum Indicator indicate Divergence at bottom 3. Trend Line break on 27th Nov 4. Close Above 200 SMA and holding 2 session above 5. Close above the Recent fractal highs or "Double Top" and form today's new HH fractal. 6. The Dashed Blue Line is my old Accumulating Trend Line where I accumulate 7. Volume profile point of Control at around 50~51 so the ground is set for mean reversion to play. ? Expectations : First POA @ 45, Target : 51,55,61 and Long Term Aim for 81 For educational purposes only. This is not financial advice. Please consult a professional before making financial decisions. #NiVYAMi
NSE:HCCLong
by kzatakia
POV : FACT : Another Wave of ProfitPOV : FACT : Another Wave of Profit Chart Reading: 1. Facts of FACT were in a downtrend reflected by both trend lines (High and closed based). 2. Support : Took Support at 2.A) Previous Resistant & Breakout Zone 2.B) Fib Level 0.618 2.C) 200 SMA 3. Form neat Adam and Eve at the Bottom. 4. Closing Basis Trend Line Breach on 28th Nov. 5. High Basis Trend Line Breach on 29th Nov. 6. Huge Volume on 29th Nov. which gives me additional confirmation of breakout. Concern : 1. Huge Range Expansion 2. Cover Almost 5 Fractals high in one candle. (although it's a bullish sign but we get stop loss gets far) Action Plan : Either Wait for Pullback or Go for Breakout. Both Entry levels and targets are shared here for your educational purposes. you have to decide which kind of trader you are. I am attempting both: if breakout first then go with half qty and rest of add at either POA or Pullback. Disclaimer : For educational purposes only. This is not financial advice. Please consult a professional before making financial decisions. #NiVYAMi
NSE:FACTLong
by kzatakia
US government scared traders, but investors aren't afraidHello, The US government moved 10K #bitcoin worth $963 million to Coinbase, which can fuel bearish pressure, but the market seems strong. I copied a relevant tweet into the chart. When Bitcoin inflow to exchanges goes up, the price usually goes down. It happened now. That's why the last five 4-hour candles print a bearish pattern. However, the market, according to the MACD, is still in a bullish trend. According to the Fear and Greed index, investors aren't afraid and most likely will exploit the bearish candle pattern to buy more in the bullish trend as the long position on the chart shows. The government's selling pressure will meet with investors' buying appetite. However, as long as the market remains this greedy, I don't see Bitcoin making new ATH. $99.8k might stay as a local top in the near future. So, in the upcoming week, I expect consolidation to unfold between the two white levels, $94.5k and $98.7k, in a price range marked by the white arrow, enabling large-cap altcoins to outperform Bitcoin according to the Large Caps phase of the Crypto Money Flow Cycle. The session volume profile further contributes to the idea of consolidation because there's much trading going on between the two white levels. The high volume above $94.5k is attractive to both buyers and sellers. That's why I believe the consolidation will unfold in this price zone. Regards, Ely
BITSTAMP:BTCUSD
by Elysian_Mind
ETHEREUM → A coin is being prepared To The Moon ↑BINANCE:ETHUSDT is lagging behind the general market growth in the cryptocurrency world. The price is still squeezed between consolidation boundaries, but there are already positive signs. Bitcoin is close to 100K and altcoins are opening the season. Ethereum is lagging behind in the race, this is clearly visible on D1-W1. It's not that the price can't reach ATH, the coin hasn't yet updated the 2024 high. Before the start of the altcoin season, the community was skeptical about the fundamental project due to the behavior of the development team, but the victory of trump, the change of the political team to a pro-cryptocurrency one could be the strongest driver for ETH in recent times. After local distribution, the price is testing the triangle resistance, forming another accumulation. A retest of the upper boundary indicates the formation of a trigger, the breakout of which will activate the rally. Resistance levels: 3442, 3568 Support levels: 3028, 2820 Technically, the coin shows us another trading range, the role of which is consolidation. If the resistance cannot be broken from the third time, a correction before further growth is possible. BUT! We need to be careful, as any BTC correction can trigger a bearish rally in the altcoin market. Bitcoin has almost reached 100K and for many this is a red zone for profit taking. Rate, share your opinion and questions, let's discuss what's going on with ★ BINANCE:ETHUSD ;) Regards R. Linda!
Long
by RLinda
22