Triangle
GOLD → The new ATH is not the limit. What are the new targets?FX:XAUUSD updates ATH to 2800 and at the same time bulls are consolidating above the previously broken high, trying to form a base for continued gains
Gold updates all time high to $2800, amid a weaker US dollar and the threat of high tariffs from Trump, who again warned of possible 100% duties against BRICS countries, as well as a 25% tax on imports from Canada and Mexico, which boosted demand for protective assets. Investors are waiting for the US PCE Core Price Index data to gauge the Fed's next steps.
Technically, now the focus is on 2 levels: 2798.5, which is a trigger for the continuation of growth and support at 2785, behind which there is a huge pool of liquidity. Gold needs to overcome 2798.5 to continue rising, but before that a retest of the support may be formed due to the liquidity under the level.
Resistance levels: 2798.5, 2800, 2810-15
Support levels: 2790, 2785, 0.5 fibo
In general, gold has a bullish price movement. There are no hints of a trend breakdown, so the chance for the continuation of the growth is quite high and it can happen either when the trigger is broken or after a small consolidation or correction before the news. Emphasis on the previously mentioned levels and news.
Regards R. Linda!
Bitcoin can make correction to support line and then rebound upHello traders, I want share with you my opinion about Bitcoin. Looking at the chart, we can see how the price some time ago rebounded from the support level, which coincided with the buyer zone and started to grow to the resistance level. When BTC almost reached the 106K level, it turned around and made a small correction, after which it rose to the seller zone in a short time. Then the price dropped to the buyer zone, after which made a strong impulse up to new ATH (109K points) and started to trades inside the triangle. In this pattern, the price at once made a correction movement to support line of the triangle and then repeated impulse up to the seller zone. After this movement, BTC made a correction to the support line of the triangle again and then backed up to the seller zone in a short time and even rose to the resistance line of the triangle pattern. Next, the price started to decline and later fell to the support level, exiting from the triangle pattern and also then broke the 100K level and fell below. But then BTC started to grow near the support line and soon broke the 100K level one more time and continued to move up next. Recently it made correction and then continued to grow, so, in my opinion, Bitcoin can correct to support line again. After this, I expect that the price will continue to move up the resistance level. That's why I set my TP at 105K points. Please share this idea with your friends and click Boost 🚀
When Will the 2025 Altcoin Season Arrive? Clue from OTHERS.DCRYPTOCAP:OTHERS.D is copying the same script as the last two altcoin seasons.
I’ve marked points 1-8 in the structure.
Each time, it formed a triangle consolidation before breaking into a bull run.
In the last two cycles, point 8 was the final low before the rally.
Right now, it's retesting point 8, which is the lower boundary of the triangle.
Will it repeat the script and break out, or is this time different?
Could we see a new scenario, or is it possible that altcoin season won’t come at all?
If the altcoin season does happen, OTHERS could 2x from here.
What do you think?
Do you believe we’ll see a crazy 2025 altseason?
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USDCHF → The bullish trend may get its continuationOANDA:USDCHF is entering the realization phase after a prolonged correction. A favorable background is created by the uptrend and rising dollar
The technical outlook on the daily timeframe is very good. The price after breaking the trend resistance tested the previously broken line. The currency pair after the false breakout managed to consolidate above the key point, marking an interim bottom and further prospects.
Technically, the focus is on the resistance at 0.911, if the bulls can overcome this area and consolidate above this level, the currency pair will be able to realize a rise to 0.918 - 0.93.
Resistance levels: 0.911
Support levels: 0.90555
Before breaking the resistance, the currency pair could test 0.90555 due to the liquidity generated below this area. But, the trigger that can provoke further growth is 0.911
Regards MARKET ANALYZER
Meta, time to enter?Hi everyone!
Pattern: Meta formed an ascending triangle from Jan 2024 up to Sep 2024 where it broke out of the pattern. Currently retesting the breakout level and has potential for long entry.
Price target: The price target for ascending triangle breakout pattern is the measure of the height of the triangle from its base to the resistance line. Add this to the breakout point and we get the target price of 670$
Caution: If the price fall back to the triangle, this analysis is not valid anymore.
GOLD → Buyers are serious about retesting ATHFX:XAUUSD on the background of yesterday's news played both ways. The dollar could not win from this situation, which as a whole favorably affects the price of metal. ATH as a target is still relevant.
All attention is focused on the US GDP data for Q4. Slowdown in economic growth may increase interest in gold as a protective asset, especially against the background of possible trade tariffs of Trump and ambiguous reports of techno-giants. The Fed kept the rate, but tightened the rhetoric, which temporarily weakened gold, but the weak dollar and understanding of economic risks helped the metal to partially recover.
Technically, the rebound from the support of the ascending channel is forming, the price is passing resistance levels on its way.
Resistance levels: 2784, 2790
Support levels: 2771, 2766
Technically, from these support zones we should continue to wait for the growth towards 2790. But, based on the manner of price approach to the historical maximum, there is a probability of a small correction from 2790, after which the market will show either readiness to go even higher, or to form a deeper correction.
Regards R. Linda!
ONDOUSDT → Resistance Breakthrough. Ready for the raceBINANCE:ONDOUSDT.P continues to hold an uptrend with cyclical counter-trend corrections. The chart is showing signs of an end to the correction and a readiness to go up
A rather large consolidation has been formed against the background of the main uptrend. Regarding this, the price is trying to go up, breaking the resistance of consolidation (triangle) and overcoming the next obstacle in the form of key resistance at 1.538. The emphasis is on this level. If the bulls manage to keep the defense above 1.538 support, ONDO may show a recovery to 1.7 - 1.9 - 2.15 in the short to medium term.
Support levels: 1.538, 1.44
Resistance levels: 1.7344, 1.90
A small pullback to support and formation of a false breakdown is possible, but price consolidation above the level will be a confirmation of readiness to go up. Targets are marked on the chart!
Regards R. Linda!
GOLD (XAUUSD): Get Ready For Breakout
It feels like Gold is going to update the All-Time High soon.
I see clear signs of a bullish accumulation on a horizontal
resistance based on a current highest high.
A breakout of the underlined orange area and a candle close above
will indicate the continuation o a global bullish trend.
The market will most likely continue rising at least to 2820.
Alternatively, if you are looking for a bearish confirmation,
a breakout of the support of the channel will give you a strong bearish signal.
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✅BTC's situation+next targets and expected movements.Hello.
As you can see, Bitcoin failed to break the Ascending triangle in its last attempt, and now it is making a fourth downward wave based on Elliott , and than we have to wait for Bitcoin's rise.
👀To motivate me ,Like ❤️ & Share 🌐 this post with your friends ! Thanks for your support ♥️
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
CHFJPY Opportunities in Symmetrical Triangle PatternCHFJPY is currently consolidating within a symmetrical triangle pattern on the Daily time frame, indicating a potential rebound movement in the near future.
My trading plan is to buy if the price successfully rebounds at the lower boundary of the triangle or breaks out to the upside from the pattern, which could provide further confirmation for a bullish trend. The profit target for this setup is in the 180 to 185 area, which represents the next resistance level. A stop loss is placed below the lower boundary of the triangle to ensure proper risk management.
Disclaimer:
This analysis is part of trading plan and does not constitute trading advice. Always apply proper risk management in every trading decision.
Feel free to share your thoughts or request other analyses—just drop a comment!
GBPNZD - Bullish Triangle Break + SetupHello traders
GBPNZD has been forming a triangle pattern since 13 January and has now broke bullishly out of it. While it was a descending triangle, the rsi had been forming a bullish divergence showing a sign of strength.
Add to this the fact that this setup is forming on a daily trendline making this a high probability setup to me.
This is the link to the daily chart
For me the entry would be to place a limit order slightly above the 0.5 fib level and a target of the largest range inside the triangle as marked on the chart.
Cohu 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
# Cohu Stock Quote
- Double Formation
* A+ Set Up)) At 37.00 USD
* No Trade)) | Completed Survey | Subdivision 1
- Triple Formation
* ABCDE Triangle Sequence | 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
CHR Set to Skyrocket? Potential 43x to 165x Ahead!▍Reason 1:
BINANCE:CHRUSDT is perfectly replicating the price structure from the last bull run.
You can refer to the points I marked (1-7) in the chart.
In the last cycle, point 7 marked the lowest point before the price surged 84x.
▍Reason 2:
Since January 2021, CHR has been forming a multi-year symmetrical triangle, and it's now approaching the end of this pattern.
According to triangle consolidation theory, this means a major breakout is imminent.
Considering that altcoin season is also approaching (I've attached my previous analysis below), CHR is very likely to explode upwards!
▍Price Target Projections:
1. Fibonacci Target (marked in the chart) suggests a target of $6.6, representing a 43x increase from the current price.
2. Triangle Breakout Target (marked in the chart) suggests a potential high of $25, an incredible 165x from the current price!
I don’t think this bull run will deliver 100x+ gains, but with this potential, isn’t it worth getting in now?
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Chromadex Corp Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Chromadex Corp Stock Quote
- Double Formation
* 1.4050 USD | Area Of Value | Subdivision 1
* ((Triangle Structure)) | Completed Survey
- Triple Formation
* ABC Flat Wave Condition | Subdivision 2
* (Open Trade)) | Uptrend Bias & Entry Set Up | Subdivision 3
* Daily Time Frame | Trend Settings Condition
Active Sessions On Relevant Range & Elemented Probabilities;
European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy
EURUSD: Your Trading Plan ExplainedThe EURUSD is currently trading in a rising parallel channel on a 4-hour chart and is testing its support.
To enter a buy position with confirmation, look for an ascending triangle pattern on the 1-hour timeframe.
A bullish breakout above the resistance and a close of a 1-hour candle above it will provide a strong bullish signal.
There is a high likelihood that the price will continue to rise and reach at least the 1.051 level.
On the other hand, a bearish breakout below the channel's support on the daily chart could lead to lower prices.
WILL #GRT MAKE IT!!!
Currently #GRT is facing a resistance which was previously strong support of descending triangle.
#grtusdt needs to break above this resistance, then we can probably see rally up to 0.5$ region after breaking out resistance of previously formed descending triangle.
In case of any further dip, we can see #grt heading towards its major support region.