Wedge
#BERAUSDT #1D (Bitget Futures) Descending wedge on supportBeraChain printed a bullish hammer that may have marked a double bottom here on daily.
Reversal seems around the corner, revisiting 50MA & 100EMA resistances would make sense.
⚡️⚡️ #BERA/USDT ⚡️⚡️
Exchanges: Bitget Futures
Signal Type: Regular (Long)
Leverage: Isolated (2.0X)
Amount: 4.8%
Entry Zone:
2.798 - 2.558
Take-Profit Targets:
1) 3.345
2) 3.848
3) 4.350
Stop Targets:
1) 2.120
Published By: @Zblaba
CRYPTOCAP:BERA BITGET:BERAUSDT.P #1D #BeraChain berachain.com
Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +49.8% | +87.4% | +124.9%
Possible Loss= -41.7%
Estimated Gaintime= 1-2 months
$ENS / USDT Daily Time frame, MAJOR PUMP?Chart Overview
- Pattern Identified: Falling Wedge Pattern
- A bullish reversal pattern, often appearing after a downtrend.
- Three major touchpoints on the lower trendline indicate strong support and pattern validity.
Demand Zone (Support Area)
- Marked near the current price level ($2.0309 - $2.6722)
- Price is testing this zone for the third time.
Supply Zone (Resistance Area)
- Around ($6.6529 – $9.2734)
- Multiple swing highs are plotted within or near this region, indicating strong historical resistance.
Volume Profile (Right side of chart)
- High volume node between $2.50 – $4.00 suggests price acceptance and a potential area for consolidation or resistance after breakout.
- Low volume area between $4.50 – $6.50 implies less resistance, so price might move quickly through it.
FVG (Fair Value Gaps)
- Several FVGs (imbalance zones) are highlighted.
- $3.8 – $4.05
- $5.8236 – $6.1663
- These zones often act as magnets for price, offering potential targets after breakout.
📏 Fibonacci Levels
- Pullback levels (0.28, 0.5, 0.618, 0.786) are marked.
- Price may retrace toward these areas as part of the bullish structure.
✅ Bullish Scenario
- Breakout from the falling wedge pattern.
- Price pushes into first FVG (~$3.8), then toward $5.8236 – $6.1663, eventually challenging the supply zone ($6.6529 – $9.2734)
⚠️ Risks
- If price breaks below the demand zone, it invalidates the wedge and opens room for further downside.
- Falling wedge breakouts require confirmation (e.g., daily close above wedge resistance).
📊 Summary
- Bias: Bullish if support holds and wedge breakout occurs.
- Trigger: Break and close above wedge resistance line.
- Targets: $3.8 → $5.8 → $6.1 → $9.5
- Invalidation: Daily close below the demand zone ($2.00 - $1.90)
Please note this is not financial Advice. This is just an analysis!
DEXE/USDT: FALLING WEDGE BREAKOUT!!DEXE Breakout Alert – 80% Move Loading?
Hey Traders! If you're into high-conviction plays and real alpha — hit that like and tap Follow for trade setups that actually deliver.
DEXE has broken out of a falling wedge pattern on the daily timeframe and has successfully retested the breakout level. The structure looks strong, and momentum is starting to build.
Entry Zone: $13.4 – $14.4
Targets: $16.1 / $18.2 / $21.2 / $24.4
Stop-loss: $12.60
Leverage: Use low leverage (Max 5x)
This could be the beginning of a powerful upward move.
Keep this setup on your radar and manage risk accordingly.
Let me know your thoughts or if you're riding this one too.
Bearish Iron Ore Bias Intact, Watching $94.75SGX iron ore looks heavy, threatening to extend the bearish break that began a week ago. The test and rejection at horizontal resistance at $97.35 last Thursday only adds to the bearish picture from momentum indicators like RSI (14) and MACD, reinforcing the bias to sell pops and downside breaks.
The price now finds itself at an interesting spot on the charts, sitting just above $94.75 after briefly dipping below it during thin overnight trade on Monday. While the bias remains lower, subdued volumes on either side of the weekend serve as a warning not to get overly bearish without a clear catalyst.
If the price can take out the overnight low and hold below $94.75, consider initiating shorts beneath the level with a stop above, targeting a potential retest of the April 9 low at $91.75.
Alternatively, if $94.75 continues to attract buyers, the setup could be flipped with longs established above the level with a stop beneath for protection. Downtrend resistance kicks in around $97, just above resistance at $97.35. They’re two potential targets.
Good luck!
DS
EURGBP Wave Analysis – 2 June 2025
- EURGBP broke daily Falling Wedge
- Likely to rise to resistance level 0.8525
EURGBP currency pair recently broke the resistance trendline of the daily Falling Wedge chart pattern from April, which encloses the earlier ABC correction (2).
The breakout of this Falling Wedge continues the active impulse wave (3), which started earlier from the key support level 0.8350.
EURGBP currency pair can be expected to rise to the next resistance level 0.8525 (which reversed the price twice at the start of May).
NZDJPY - One More Bullish Leg!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈NZDJPY has been overall bullish trading within the rising wedge marked in blue.
Moreover, the green zone is a strong support!
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of support and lower blue trendline acting as a non-horizontal support.
📚 As per my trading style:
As #NZDJPY approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
EURUSD Forms Rising Wedge + Evening Star_ Bearish SetupAs I expected in the previous idea , the EURUSD ( FX:EURUSD ) started to rise after breaking the upper line of the descending channel and hit the Long Position target with Risk-To-Reward: 1.46 .
The EURUSD is trading near the Resistance zone($1.149-$1.142) .
From a Classic Technical perspective, EURUSD appears to be completing a Rising Wedge Reversal Pattern . Also, a good sign for a EURUSD reversal is the formation of an Evening Star Candlestick Pattern near the upper line of the rising wedge pattern.
Also, we can see the Regular Divergence(RD-) between Consecutive Peaks .
In terms of Elliott Wave theory , I think the EURUSD corrective waves are NOT over yet, and it seems that EURUSD has completed the main wave X inside the rising wedge pattern.
I expect EURUSD to decline to at least $1.126 AFTER breaking the lower line of the wedge pattern.
Note: If EURUSD touches $1.14903 , we can expect more pump.
Please respect each other's ideas and express them politely if you agree or disagree.
Euro/U.S. Dollar Analyze (EURUSD), 4-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Small Clues In A Big Breakout PatternSilver has been consolidating as of late and if there's one thing we no about contraction is that it eventually leads to expansion aka a breakout.
The issue with this particular setup is that based on location of the pattern, there's no predetermined directional bias for the breakout.
Therefor, what we're doing today is looking for small clues that the market has provided to give us any type of edge in predicting a breakout one way or another and guess what. WE FOUND SOME!
If you have any questions or comments, please leave them below!
Akil
A Different Way To Use the RSI To Trade Deceleration Patterns A deceleration pattern is a pattern that forms at the end of a directional move as it starts to lose steam. 2 good ones to learn are the rising/falling wedge & channel.
The problem wit these patterns however, is that it can sometimes be difficult to tell when that final reversal may come backing it hard to place stops.
Lately, and by that I mean for the past year or so, I've been tracking a very specific pattern on the RSI (Relative Strength Index) indicator to help me with these situations.
Please LIKE & SHARE and if you have any questions or comments, leave them below
Akil
BITCOIN → Correction or trend reversal? Why is 101K important?BINANCE:BTCUSDT.P is exiting the upward channel after a false breakout of the key resistance level of 110K (previous ATH). Liquidation?
Quite an interesting situation with James Wynn. As they say, money loves silence, especially when it comes to a highly manipulated market... A week after the whale's actions, Trump decided to play the market again by creating emotional swings: he announced tariffs on the EU, canceled them, then made claims against China and is now ready to reintroduce tariffs on the EU. Things didn't end well with James... Liquidation before the rally?
On the weekly timeframe, Bitcoin is making a false breakout of the key resistance level of 110K. The phase and nature of the market are changing, the price is falling, breaking the structural support of 106500. The main question is where the stop and recovery will be. And will there be one...
After exiting consolidation and the upward channel, the price within the distribution is moving towards liquidity and the order block. I would not rush to say that this is a change in the global trend; the current data fits the “correction” format.
Support levels: 102000, 101400
Resistance levels: 106700, 108800
102-100K is a fairly important zone for the market; a breakout in this area could open the way to a (local) bottom. Bulls may not be able to hold the market, in which case a global sell-off could form. Therefore, I believe that retesting the 102000 level will end with a liquidity grab and a correction along the trend, during which the price may test the 106K - 108K level, which will determine the future of the market: consolidation, growth, or decline...
Best regards, R. Linda!
TAOUSDT at a Crucial Level – Breakout or Breakdown?Yello, Paradisers! Is TAOUSDT gearing up for a strong bounce, or is a deeper correction on the horizon? Let’s break it down.
💎TAOUSDT has completed a healthy retracement, forming a descending channel alongside a Dragon Butterfly candlestick pattern—both backed by high volume. Historically, when this pattern appeared with strong volume, we saw a solid upside move. This time, we also have a bullish divergence, adding confluence to the bullish case. However, to increase the probability of a breakout, we need to see price breaking above the descending channel with strong volume.
💎Now, what if price drops further or shows panic selling? In that case, we must wait for clear bullish confirmations before jumping in. Ideal signals include - Bullish I-CHoCH formation, W pattern or Inverse Head and Shoulders on lower timeframes. Any of these would significantly increase the probability of a strong bounce from the strong support zone.
💎 However, If price closes a candle below the strong support zone, it will invalidate our bullish outlook. If that happens, the best move is to stay patient and wait for better price action before considering any long positions.
🎖Patience is what separates pros from amateurs. If you want to make it in this game, trade smart, stay disciplined, and always wait for high-probability setups. The market will always test your emotions—don’t let it break your strategy.
MyCryptoParadise
iFeel the success🌴
Shiba INU - Bottom Buy confirmed istorical Pattern Repetition (2024 & 2025):
The chart suggests that SHIB is following a repeated pattern cycle:
Stage 1 – Falling Wedge (Completed)
Stage 2 – Cup and Handle (Completed)
Stage 3 – W Pattern (Recently Completed)
Stage 4 – Inverted Head and Shoulders (Pending Formation)
Key Highlights:
✅ Buying Zone Identified between 0.00001167 – 0.00001271 USD.
🎯 New Target: 0.00002431 USD, representing a potential 90% return from the buying zone.
⚠️ Breakout Awaited: Stage 4 pattern (Inverted Head and Shoulders) is pending confirmation, which could trigger a major upward move.
🔄 Emphasis on pattern repetition to project future price action.
Conclusion:
The chart analysis suggests that SHIBA INU is mirroring its previous bullish cycle. With three bullish stages already complete and the fourth (inverted head and shoulders) pending, a breakout could lead to a significant price rally targeting 0.00002431 USD.
NPWR : Small Position Size Play with 5.00 Risk-Reward RatioNet Power Inc. NPWR stock has seen high volume and a tendency to break the falling wedge. Can this initiative close the gap that ended at 6.7 ?
This traded can be tried with very small position size.
Because Stop-Loss and Target are very wide.
Risk-Reward Ratio : 5.00
Stop-Loss : 1.20
Target: 6.70
ETHEREUM Wedge Breakout! Sell!
Hello,Traders!
ETHEREUM was trading in an
Uptrend but then the coin
Formed a bearish wedge pattern
And we are now seeing a bearish
Breakout so we are locally
Bearish biased and we will be
Expecting a long awaited
Bearish correction
Sell!
Comment and subscribe to help us grow!
Check out other forecasts below too!
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
USDCAD: Bearish After the News 🇺🇸🇨🇦
USDCAD looks bearish after a release of today's fundamental news.
A bearish breakout of a rising channel on a 4h time frame
and a strong selling reaction after its retest provide
a reliable bearish continuation.
I think that the price may drop to 1.3743 support.
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
BITCOIN (BTCUSD): A Deeper Correction?!
After Bitcoin updated the All-Time High, the market became
weak and exhausted.
A violation of a support line of a rising channel and a breakout
of a key horizontal support indicate a highly probable continuation
of a correction.
Our closest demand zone is 103200. It can be the goal for the sellers for now.
❤️Please, support my work with like, thank you!❤️
XAUUSD MADE FALLING WEDGE & DESCENDING PATTERNHere I Created This XAUUSD Chart Analysis
Pair : XAUUSD (Gold)
Timeframe: 15 - Minutes
Pattern: FALLING WEDGE
Momentum: BULLISH/ BUY
Entry Level : BUY 3297
SUPPORT zone : 3285
Target Will Be : 3330
Disclaimer : This signal is based on personal analysis for learning purposes. Trade at your own risk and always use proper risk management.
CAD-CHF Bearish Wedge! Sell!
Hello,Traders!
CAD-CHF formed a bearish
Wedge pattern and now we
Are seeing a powerful breakout
Which is confirmed so we are
Locally bearish biased and
We will be expecting a
Further bearish move down
Sell!
Comment and subscribe to help us grow!
Check out other forecasts below too!
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.