Ethereum Rising WedgeEthereum in all-time rising wedge, now borderline falling out and breakdown to a disastrous level...
Wedge
PEPEUSDT: A Massive Move Incoming?Yello, Paradisers! Is PEPEUSDT gearing up for a breakout, or will it crumble under pressure? Let's break it down.
💎PEPEUSDT has formed an ending diagonal with a clear 5-wave structure and bullish divergence, increasing the probability of an upcoming bullish move. But here's the catch—it all depends on key levels and volume confirmation.
💎If PEPEUSDT breaks out and closes a candle above resistance with strong volume, it will signal strength and increase the likelihood of a continued bullish push.
💎If price consolidates with weak volume, it’s better to stay on the sidelines—especially with the broader crypto market looking bearish for now. No need to force trades.
💎However, If PEPEUSDT breaks down and closes below the support zone, it completely invalidates the bullish setup. In this case, stepping aside is the best move.
🎖 Discipline and patience always win in this market, Paradisers. If the market gives confirmation, we strike. If not, we wait. Trade smart!
MyCryptoParadise
iFeel the success 🌴
SPCE class a bullish divergence + falling wedge?On the weekly we see very obvious bullish divergence. There's also a falling wedge like structure forming during the same period.
Arguably, it's about to form a double bottom on the daily as well.
I see at least some upside. As for targets, i didnt set any yet except I'll be taking out half at some point to secure the gains.
Posting idea for the first time and through app, sorry if out of place ❤️
WOLF: Bullish divergence on the weekly (SEP24-FEB25)It appears that this is yet another stock that has been declining in price over the past some weeks while the RSI shows a declining downside momentum (green lines on RSI/price chart) - AKA Class A bullish divergence.
This indicates to me (a non-professional, newbie investor) that the selloff is cooling down and a reversal might be on the horizon.
RSI could be arguably forming a wedge but with only two touches of the higher trend line it's a bit too early to tell IMO.
I did enter this trade at around $7 so at a loss for now. But I figure this has potential for a pretty big move it it does actually reverse.
Again I am a newish trader so I haven't learned the benefits of setting targets yet the hard way. As such, I am just pulling some gains off the table at some point when the time feels right to cover investments and leaving the rest of my shares intact so I can ride the wave if this does shoot upwards.
I don't do stop loss and what not because I wouldn't invest money that I can't do without, and I have enough savings to live without the invested amount for an indefinite (for now at least) amount of time. Might be a bad take but it is what it is.
BTCUSD Bearish Analysis Update
Back in December, I shared a bearish analysis on #BTCUSD, highlighting a potential major move. Now, we've seen:
📉 2.1M pips
📉 -19.56% decline
Key Technical Reasons:
✔ Falling Wedge on the Daily TF
✔ Retest of the Rising Wedge and trendline
👁 Falling Wedge formation on the Monthly TF, with a breakout of resistance that the market needs to retest to the downside
Now that we've reached a long-term support level, I'm expecting a short pullback to the upside before the bearish trend resumes toward $64K.
Sharing both my December analysis and an updated chart for reference. 📊
#Bitcoin #CryptoAnalysis #Trading #TechnicalAnalysis #BTC #Markets
EURUSD breakout is loomingIntraday Update: The wedge in the EURUSD is getting tighter, and with the support at the 1.0470 and resistance at 1.0530 the risk is building for a possible breakout as early as today.
CADCHFWe can attempt to short CADCHF from specified level as it break HL , also bearish divergence occur indicate that it moves downward.
SL , TP mention in chart.
EURUSD → Pre-break consolidation against 1.053FX:EURUSD continues to form bullish hints for a possible continuation of growth. There is strong resistance ahead and the market is forming a pre-breakdown consolidation
The dollar continues its correction amid economic data, the country's politics and hints from Trump and Powell of a possible rate cut soon.
The euro is benefiting from the dollar's decline, but how long will it last, especially amid the tariff war between the U.S. and Europe?
Technically, at the moment, the chart indicates a bullish outlook. Within the local uptrend, an ascending triangle is forming, which generally indicates bullish interest in the market. The focus is on the pattern base - resistance at 1.053.
Support levels: 1.045, 1.040
Resistance levels: 1.053
If the dollar continues its downward course, the currency pair has all chances to grow.
A retest of the trend support (false breakout) before the resistance breakout is possible.
Breakout and consolidation of the price above 1.053 may provoke growth.
Regards R. Linda!
bearish swingsimple TA. bear flag, rising wedge within flag, calculating move via pattern range and key support levels. Price targets posted on chart.
side note, ATR ready for a move, volume showing some decent reliability at previous reversal.
Similar Topping pattern to Jan 2022Retracement back to ~527 and then lower leg down to >500. Following a similar pattern to the Jan 2022 top -> a failed breakout higher, 50-60% retracement, than lower leg.
BITCOIN → Testing $88K - $90K. False or true breakdown?BINANCE:BTCUSD enters the risk zone and forms a false breakdown of the key support zone. All eyes are on the bulls, whether they can keep their defense on the market or not....
On D1 - W1 price in global consolidation after strong growth. The focus is on 90-91K, a zone that is a strong support for the global trend. A false breakout is forming at the moment.
On the Local timeframe H1 - H4 the price is testing the local channel support, as well as the risk zone 89400.
If the bulls can keep the defense above 89400 - 90K, bitcoin may strengthen. The primary target in this case could be 94K
Support levels: 91280, 89400
Resistance levels: 94800, 99200
Statistically, the strongest dvjeniyas are formed after a false breakdown. But there is another question here, what kind of breakout will be - true or false.
In our case, we need to wait for confirmation, namely, for the price to consolidate above the key zones and levels. Emphasis on 89400, 90000, 91300
Regards R. Linda!
GOLD Daily, H4, H1 Forecasts, Technical Analysis & Trading IdeasDaily Timeframe:
TVC:GOLD has been rising rapidly recently but has almost stopped since February 11, when it hit its uptrend channel line.
With the RSI hitting resistance at 77 and showing signs of falling, there is a high probability that a corrective wave is about to begin.
Four-hour Timeframe:
A rising wedge pattern has formed in the price.
As long as the price does not break the resistance at 2955 and the red line of the rising wedge continues upwards, a downward wave is expected to begin.
A strong bearish divergence has also formed in the RSI.
One-hour Timeframe:
A head and shoulders pattern is forming.
If the price can break the neckline downward and the blue trend line of the rising wedge is also broken, the probability of a downward wave will be very high.
2P 7204it is on down trend reaching point of interest.
this POC is strong and might come back to hit the target. I used volume profile with wedge
Nasdaq Wants HigherPutting aside my personal beliefs on the current state of the economy (bad inflation and job figures for January combined with looming potential tariffs), The Nasdaq tape reads very bullish breaking out of this tight wedge formation (blue), if it can hold this breakout and continue to move upward, I believe we have a nice bull rally play to go long.
HelenP. I Gold may enter to resistance zone and then start fallHi folks today I'm prepared for you Gold analytics. Not long ago, the price climbed into the support zone before making a corrective move down to the trend line. After that, it reversed and began rising within a wedge pattern, eventually reaching the support level, breaking through it, and continuing to move higher. Later, Gold surged into the resistance zone but soon faced a sharp correction back to the trend line. However, in a short time, it rebounded and returned to the resistance level. After another drop to the trend line, the price once again started climbing. Soon, Gold reached the resistance level and consolidated below it for some time before finally breaking through and touching the wedge’s resistance line. Following this movement, the price reversed and started declining. It attempted to recover but is currently trading below the resistance level. From my perspective, XAUUSD is likely to enter the resistance zone again before reversing and falling back to the trend line, which also acts as the wedge’s support. Given this outlook, I’ve set my target at 2915, close to the trend line. If you like my analytics you may support me with your like/comment ❤️
Trading opportunity for ADAUSDTBased on technical factors there is a Sell position in :
📊 ADAUSDT
🔴 Sell Now or by breakout
🪫Stop loss 0.8490
🔋Target 0.7110
📏 R/R 1,5
💸RISK : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝
GOLD → Bullish structure. Emphasis on 2955FX:XAUUSD is still in consolidation, but the flat is gradually changing into an ascending triangle structure, which further explains the bullish interest in the market.
Gold price is consolidating near the record high of $2,956. Investors took a pause before a possible continuation of gains amid renewed trade war fears over Trump's statements on tariffs and controls on exports of Nvidia chips to China.
Weak risk sentiment and a rising dollar are holding back gold, but lower bond yields and expectations of Fed policy easing are supporting prices.
Gold will remain influenced by tariff negotiations and US consumer confidence data in the coming days
Resistance levels: 2940, 2954.5
Support levels: 2930.7, 2921
Local resistance at 2940 is ahead. If the bulls are able to consolidate above this area, we should wait for the growth and the retest of 2954.5.
2954.5 is a trigger, the breakdown of which will provoke the continuation of the bull rally.
But before that the consolidation between 2954 and 2940 may be formed. I don't exclude the flat support retest before further growth.
Regards R. Linda!
Be careful with DOGE !!!The price drops to around 0.21 and then pumps to 0.29 cents.
and if this wedge is broken, you will no longer see cardano below 23 cents.
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
❗Disclaimer
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
GOLD → Price is in consolidation and getting ready to go to $3KFX:XAUUSD is preparing to continue its growth. Consolidation is forming against strong resistance. The dollar in the correction phase continues to update the lows....
Gold is consolidating near 2945-2955, remaining cautious due to Trump's tariff threats and waiting for US inflation data. Which technically increases the chances of continued gains.
Optimism in the markets is supported by upcoming US-Russia talks on Ukraine, new Chinese measures and the victory of conservatives in Germany.
Weak dollar and expectations of Fed rate cuts support gold, but rising risk appetite reduces its attractiveness
Resistance levels: 2946.5, 2954.5
Support levels: 2935, 2921
Technically, the focus is on 2946.5. If the bulls are able to break this level, the resistance ahead at 2954.5 will not seem so strong. In this case, the price will continue its growth to 2969 - 3K
But, before further growth, as gold is still in consolidation, the price may test the liquidity zone 2935 - 2921.
Regards R. Linda!
XAU/USD may enter the resistance zone and then start fallingHello everyone, today I'm ready to provide you with Gold analytics. Not long ago, the price surged into the support zone before correcting back down to the trend line. Following that, it reversed and began rising in a wedge formation, finally hitting the support level, breaking through it, and continuing higher. Later, gold rose into the resistance zone, but it quickly corrected back to the trend line. However, it quickly recovered and returned to the resistance level. Following another drop to the trend line, the price resumed its upward trend. Gold quickly approached the resistance level and consolidated beneath it for some time before breaking through and touching the wedge's resistance line. Following this fluctuation, the price reversed and began to decline. It attempted to recover, but is now trading below the resistance level. From my perspective, XAUUSD is expected to retest the resistance zone before reversing and dropping back to the trend line, which also serves as the wedge's support. Given this view, I've set a goal of 2915, which is close to the trend line.
:
🚀 XAU/USD – Rising Wedge Formation! Key Breakdown Incoming? 📉
💰 Gold Spot (XAU/USD) - 1H Chart Analysis
🔍 Key Observations:
🔹 Ascending Trend Line is acting as strong dynamic support.
🔹 Resistance Zone at the top of the wedge is holding price down.
🔹 Support Zone has been tested multiple times, showing buying pressure.
🔹 Price is currently at the upper boundary of the wedge—possible rejection?
📉 Potential Trade Setups:
📌 Bearish Scenario:
If price rejects from the resistance zone, a drop toward $2,915 is likely.
A break below $2,915 could trigger further downside toward $2,880 support.
📌 Bullish Scenario:
A clear breakout above resistance and trend line invalidates the wedge.
If price closes above $2,950, it may rally toward $2,970 - $2,980.
🔔 Key Levels to Watch:
✅ Resistance: $2,950 - $2,960
✅ Support: $2,915 - $2,880
💬 What’s your bias? Breakout or Breakdown? Drop your thoughts below! 🔥👇
#gold #xauusd #forex #trading #priceaction #technicalanalysis
Nifty formed falling wedge on daily time frame - Towards 20,300On daily time frame, Nifty has falling wedge breakdown.
It has good support at 20,550 on weekly closing base.
Below 20,550 it will have following targets possible,
22,000 / 21,680 / 21,300 / 20,900 / 20,600 / 20,300
Technically 20,300 possible to fill gap on day time frame.
GBP/USD - Fair Value Gap (FVG) Short SetupOverview:
A bearish reversal setup based on Fair Value Gaps (FVGs), a concept used in Smart Money trading strategies.
Key Technical Insights:
🔹 Fair Value Gap (FVG) Zones:
The price is approaching an FVG entry zone around 1.2700, which may act as resistance.
A second FVG zone is located around 1.2850 - 1.2900, offering a secondary entry for shorts.
🔹 Bearish Trade Setup:
The plan anticipates a reaction at the first FVG zone, leading to a downside move.
If price continues higher, the second FVG zone provides another opportunity to enter shorts.
🔹 Stop Loss & Target:
Stop Loss: Placed above 1.2928 to protect against invalidation.
Target: 1.2350 - 1.2400, aligning with previous demand zones and imbalance filling.
Trade Plan:
📌 Entry Strategy:
Watch for bearish confirmation (e.g., rejection candles, lower time frame structure shift) at the FVG entry zone.
If price moves beyond the first FVG, consider a second entry at 1.2850 - 1.2900.
📌 Exit Strategy:
Take Profit: At the 1.2350 - 1.2400 target zone for a favorable risk-to-reward trade.
Stop Loss: Above 1.2928 to mitigate risk.
Final Thoughts:
✅ Bearish bias unless price breaks above 1.2928.
✅ Look for rejection at FVG zones for ideal entries.
✅ Potential downside move towards 1.2350 target.
📉 Patience is key—wait for confirmation before entering! 🚀
