Trend_logic

Trend_logic Updated 

Bitcoin is making waves today after successfully breaking out of a descending trendline that has capped price action for weeks. This move is signaling renewed strength, with bullish sentiment starting to take hold in the market. Technical Breakdown: Trendline Breakout: BTC has cleared a key downtrend resistance that dates back to early February. This is a...

Trend_logic Updated 

Gold is currently showing strong potential for upward movement, and traders are eyeing key levels for action. With a buy entry at 3410, there’s a clear opportunity for a rally toward the 3500 target if the market continues to show strength. Key Levels to Watch: Buy Entry: 3410 Gold is testing a critical support area around 3410. If the price holds and begins to...

Trend_logic Updated 

Gold (XAUUSD) continues to display a strong bullish structure on the 1-hour timeframe. The recent price action shows a clean breakout from previous consolidation, followed by a series of bullish candles confirming sustained upward momentum. Price Structure & Momentum The current trend is defined by: A sequence of higher highs and higher lows, a classic hallmark...

Trend_logic Updated 

Upon examining the gold price action on the 1-hour chart, it's evident that the market recently achieved a fresh high, reaching up to $3245. This upward move indicated strong bullish momentum at that point. However, shortly after hitting this level, the price experienced a noticeable correction. This retracement not only pulled the price lower but also suggested a...

Trend_logic Updated 

Chart Pattern Observations: 1. Descending Channel Breakout Attempt: The pair was previously in a well-defined downward channel (marked by orange trend lines). Price has now exited this channel and is consolidating sideways. 2. Support Zone (Potential Double Bottom): Price is repeatedly testing a strong support zone around 142.400 - 142.600, forming what looks...

Trend_logic Updated 

Ethereum has formed a rising wedge or ascending triangle pattern, typically a bearish formation when it appears after an uptrend. After testing the horizontal resistance zone (~$1,685) multiple times, price action failed to break out and instead broke below the ascending trendline support, confirming a bearish reversal. Breakdown Confirmation: Price broke down...

Trend_logic Updated 

The EUR/USD pair appears to be showing signs of a bearish shift after a strong upward trend. Based on current price action and structure, we can outline the following insights: Structure & Pattern Insight: The chart shows the formation of a rising channel or ascending wedge, a classic pattern that often signals exhaustion of bullish momentum. The price has now...

Trend_logic Updated 

BTC/USD is currently facing strong resistance around the $84,000 level. If the price fails to break and hold above this zone, it may signal weakening bullish momentum. A stabilization below $84,000 increases the likelihood of a downward move, with the next target around $77,000. This level could act as key support, and a drop toward it may indicate a short-term...

Trend_logic

Gold continues its upward surge as geopolitical tensions and U.S. trade policy shifts spark increased demand for safe-haven assets. The recent tariff escalation against China, paired with global uncertainty, is fueling bullish sentiment. All eyes now turn to the U.S. CPI release later today, which could inject further volatility into the market. Technical...

Trend_logic

BTC/USD 30M – Breakdown Brewing! Bitcoin is playing the quiet game, but smart traders know what’s coming. After that massive dump, price action is trapped in a sideways range—a classic sign of distribution before another move down. The Setup: Strong bearish move followed by a tight range = bearish consolidation Support is being tested multiple times—cracks are...

Trend_logic

Get ready, traders—the bulls are losing control, and the bears are waking up! We just witnessed a major break from a long-standing ascending channel, and the momentum is screaming downside potential. What’s happening? Price broke below the rising channel with strong bearish momentum and high volume—a textbook move signaling a trend shift! Next key levels to...

Trend_logic

This chart represents a EUR/USD 30-minute timeframe analysis. It's structured within a descending channel, suggesting a bearish trend. Here's a breakdown of the setup and possible trading insights: Technical Analysis: 1. Resistance Level: 1.11000 This level is the upper boundary of the descending channel. Price has repeatedly tested this trendline but failed to...

Trend_logic Updated 

This chart indicates a bearish market structure, with further downside movement possible. Traders should monitor support and resistance zones carefully and look for confirmation before entering trades. Above chart indicates a bearish market structure, with further downside movement possible. Traders should monitor Focus points and resistance zones carefully and...

Trend_logic Updated 

Based on My provided information, My looking at a Bitcoin sell position with the following key points: Sell Position: 83,000 Resistance: 84,000 Target Point 1: 78,000 Target Point 2: 75,000 This indicates that you're considering selling Bitcoin at 83,000 and targeting a drop to 78,000 or 75,000, with 84,000 acting as the resistance level. If Bitcoin fails to...