UPCOMING SIL TREND BREAK
Downward trend since late October with 3 (almost 4) touch points. A break could have a close enough upward support to justify a low risk long entry. Lots of upward room before reaching a level of support and resistance. Would need an additional touch point or more time to justify a short entry on a downward break.
Trend Lines
M to $15.50My trading plan is very simple.
I buy or sell when price tags the top or bottom of parallel channels.
I confirm when price hits Fibonacci levels.
So...
Here's why I'm picking this symbol to do the thing.
Price below bottom channels (period 100 52 39 & 26)
Stochastic Momentum Index (SMI) at oversold level
VBSM is spiked positive negative and under bottom of Bollinger Band
Entry at $14.17
Target is $15.50 or channel top
Stop loss is $13.99
Crude OIL SHORT Today Ran For +4R BreakdownNYMEX:CL1!
"Successful trading has always been about understand the convictions, the strength and the weakness of buyers and sellers. Once you understand what the other traders are doing in the market, you can successfully trade with them." -Michael Valtos
Confluence Profile 500K (Expectational Order-Flow + PA) 10pt Stop / +4R Run... Well Done!!
Remember; "Our Profession is to Manage the downside costs of printing HIGHSIDE returns of $$$ consistently. Done correctly, well Abundance awaits us." -500KTrey
S&P 500 / Consolidation with Bearish and Bullish PotentialS&P 500 Analysis
The price needs to stabilize below 5,969 to target 5,937, and breaking this level would confirm a continuation of the bearish trend towards 5,893.
Alternatively, the price must break above 5,969 by closing a 4-hour or 1-hour candle to signal a bullish trend, with potential upside targets at 6,022.
Currently, the market is consolidating between 5,937 and 5,969.
Key Levels:
Pivot Point: 5,969
Resistance Levels: 6,000, 6,022, 6,057
Support Levels: 5,937, 5,908, 5,864
Trend Outlook:
Consolidation is observed between 5,937 and 5,969.
Bitcoin's Path to $253,953 in 2025 – A Technical PerspectiveIdea Description:
In this analysis, I aim to present why I believe Bitcoin (BTC) could reach $253,953 in 2025. This price target is derived from a combination of historical trends and advanced technical analysis.
1️⃣ Key Resistance: The Historical Trendline
The trendline formed by the peaks of 2017 and 2021 acts as a robust resistance level. Historically, these trendlines have played a pivotal role in determining Bitcoin's price action during bull cycles.
2️⃣ Convergence with SpiderLines
The SpiderLines, established in 2019, perfectly align with the aforementioned trendline, creating a critical confluence zone. This dual-layered resistance suggests that $253,953 will be a significant psychological and technical barrier.
3️⃣ Supporting Market Cycles
Analyzing past cycles, we see that Bitcoin often revisits key trendlines in subsequent bull runs. The historical context suggests that 2025 will align with the next cycle peak, reinforcing this price prediction.
This idea highlights the importance of respecting historical levels and recognizing key confluences in market analysis. What are your thoughts on this projection? Could BTC challenge this resistance and push higher? Let’s discuss!
W pattern, breakup or breakdown?Greetings dear readers,
In the blue line I have drawn the W pattern that we see on the BTCUSD chart.
It can break out here from the neckline, to new highs. Maybe it can go retest the ATH (at 108k), the lower bound of the uptrend channel,...
Or the W pattern fails here and BTC goes back to retest the 90k support.
Stay Strong,
Co9
RAREUSDT: Is a Bullish Breakout on the Horizon?Yello Paradisers! Could RAREUSDT be gearing up for a strong bullish move, or will a breakdown catch traders off guard? Let’s dive into the critical price action signals you need to watch!
💎RAREUSDT has recently shown good signs of a bullish reversal. The pair took out inducement levels and formed a double-bottom-like structure, a classic signal that increases the probability of an upward move from here.
💎If price retraces further or triggers panic selling, a bounce from the strong support zone below remains a high-probability scenario.To solidify the bullish case, we need to see a bullish I-CHoCH (Internal Change of Character) on the lower timeframes, confirming buyers are stepping in with strength.
💎If RAREUSDT breaks down and closes a candle below the strong support zone, the entire bullish structure will be invalidated. In that case, it’s wiser to remain patient and wait for a better, higher-probability setup to form.
🎖Remember, Paradisers, sustainable trading is about being disciplined and strategic. Waiting for confirmations is always better than chasing trades on shaky grounds. The market rewards those who master patience and trade smartly.
MyCryptoParadise
iFeel the success🌴
BONK/USDT: Channel Breakout Signals Potential Wave Rally
1. Price Action
- The asset is currently trading at 0.00003017 USDT
- Clear descending channel formation (marked by yellow lines) from early January to mid-January 2025
- Recent breakout attempt from the upper boundary of the descending channel
2. Trend Analysis
- Overall downtrend since early January
- Formation of higher lows in recent trading sessions
- Possible trend reversal signal with the channel breakout
Here's a concise analysis of the BONK/USDT 4H chart:
Technical Setup:
- Price breaking out of descending channel (yellow lines)
- Current price: 0.00003017 USDT
- Clear bottom formation with higher lows
Potential Targets:
1. 0.000035
2. 0.000040
3. 0.000045
Key Levels:
- Support: 0.000025
- Breakout: 0.000030
- Stop Loss: Below 0.000024
Trend shows bullish reversal potential with a projected upward wave pattern. Watch volume for confirmation.
Risk Management Note:
Always use proper position sizing and consider the volatile nature of this asset. The projected path (green waves) represents a possible scenario but markets can behave unpredictably.
POSSIBLE SELL BIAS ON GBPNZD GBPNZD is on down trend on 4hr time frame . it has bounced on the third touch of the trend line and has given a bearish engulfing candle on both 4hr and 1hr time frame .it broke support and retested it and is about to continue the bearish move. Also made the retest on 0.6 fibonacci retracement level. Confluences :1 support turned to resistance .2 third touch of 4hr trend line .3 bearish engulphing candle confirmed on both 4hr and 1hr time frame .4 retessted on o.6 fib level.
DOGEGOVCOINEX:DOGEGOVUSDT It can react when it reaches the resistance of 0.45.
The current target of the main wave is the range of $3 to $3.9.
If $3.9 is broken, the target of $35 will be activated.
The main trend will start when the upper curve is crossed.
Don't forget to boost, comment and follow.
Ali Rezaei
GOLD → Correction after a false breakout. What's next?FX:XAUUSD reaches a key resistance that stops a strong rally. A false breakdown triggered a correction, which could be a chance for comfortable buys.
The gold price stabilized around $2,725 after a three-day climb, remaining under profit taking pressure. Strong data on China's economy failed to inspire the market as real estate concerns and possible U.S. tariffs dampened optimism.
Expectations of Fed rate cuts continue to support gold despite mixed data on the US labor market and retail sales. The Fed chief's statements about possible rate cuts in the first half of the year are adding support to the metal.
Next week, traders' attention will be focused on US housing and industrial production data.
Support levels: 2700, 2697
Resistance levels: 2712, 2721
Global and local trend is bullish. Counter-trend correction is being formed. Technically, the correction may reach the zone of interest 2700 - 2697, from which we should expect a rebound, for example, to 2712, or even the recovery of the bullish trend.
Regards R. Linda!
XAUUSD - Gold reached above $2700!Gold is above the EMA200 and EMA50 in the 1-hour time frame and is in its ascending channel. If gold climbs to the top of the channel, we can look for positions to sell it at the target of $2,700. The loss of the midline of the channel will lead to the continuation of this corrective process.
Gold is expected to continue its growth trajectory in 2025, although this growth may not match the impressive performance seen in 2024. Juan Carlos Artigas, the Head of Research at the World Gold Council, discussed the reasons behind this trend and outlined three possible scenarios for gold’s future in an interview with Kitco News.
Artigas attributed gold’s record-breaking performance in 2024, which included 40 new highs, to the metal’s dual role as an investment asset and a consumer commodity. He stated, “Gold is an extremely effective risk management tool. Investors have turned to it due to rising market volatility and geopolitical risks.”
For 2025, Artigas predicted three distinct scenarios for the gold market:
• Limited growth with low volatility: This would occur if expectations for interest rates, inflation, and economic growth remain stable.
• Downward pressure: If interest rates remain high or rise further, gold’s investment appeal could diminish. Additionally, weak economic growth might lower consumer demand.
• Significant growth: In the event of heightened market volatility and geopolitical risks, investors would likely view gold as a safe haven, driving prices higher.
Artigas cautioned that government debt could emerge as a “black swan” event in 2025. He explained that rising global government debt levels and difficulties in securing financing pose a significant risk to the global economy.
He further emphasized that gold’s performance against various currencies highlights its role as a hedge against inflation and currency devaluation. For example, gold’s returns against the Turkish lira reached 50% in 2024 due to the lira’s depreciation against the US dollar.
Additionally, Artigas pointed to increased demand from central banks and Western investors in the second half of 2024. This surge in demand was attributed to lower central bank interest rates and reduced opportunity costs for holding gold.
Among all commodities, gold remains one of the few assets that analysts at BMO Capital Markets are optimistic about for 2025. They predict that central banks will continue purchasing gold to reduce reliance on the US dollar. Furthermore, BMO expects gold to remain a dynamic asset, serving as an effective hedge against inflation, geopolitical uncertainty, and stock market risks.
Next week, Donald Trump will be sworn in as the next President of the United States. Meanwhile, the global community is bracing for the new administration, which has announced plans to impose tariffs to promote and protect domestic policies under the “America First” agenda.
BMO analysts believe the Trump administration will be “inherently” inflationary. Their report noted, “The new administration has highlighted two clear policies that will dominate Trump’s second term. The first is that 2025 will be a year of tariff increases. Since tariffs function as a domestic tax on consumption borne by consumers, the economic consensus is that tariffs are inherently stagflationary.” They added, “The second key policy involves continued increases in government spending. Trump won the election on promises of tax cuts for corporations and individuals. According to an analysis by the Committee for a Responsible Federal Budget, these promises are expected to add approximately $7.75 trillion to the US national debt between 2026 and 2035.”
BMO analysts also noted that rising inflationary pressures will likely lead to a decline in real interest rates, eroding the appeal of short-term bonds, which were a favored risk-free option in the previous year.
NZDUSD → The bearish trend may get its continuationFX:NZDUSD failed to realize the chance when the dollar went into correction. Buyers do not believe in the realization of the bullish scenario at the moment. The price continues to succumb to pressure
On the weekly timeframe the price approached the strong support level 0.5545 - 0.55. Accordingly, a reaction in the form of a small correction is possible. Small, because the dollar continues its bull run, and Trump's policy allows to keep this scenario in the medium term.
On H4, the price continues to test the support at 0.5588 and a local descending triangle is forming amid pressure from the bears. Possible retest of the channel resistance before further decline.
Resistance levels: 0.563, 0.567
Support levels: 0.5588, 0.5511
Technically, a breakdown and consolidation of the price below 0.5588 will provoke further sales against the background of the current local and global downtrend.
Regards R. Linda!
LINK on the Verge Bullish Breakout Sparks Momentum !Pattern
The chart shows a descending wedge pattern. This is generally a bullish pattern, indicating potential price reversal or breakout to the upside.
Breakout
The price has broken above the upper trendline of the wedge. This breakout is a positive signal, suggesting that bullish momentum is building.
Volume Confirmation
Check if there’s an increase in volume during the breakout. A breakout with strong volume provides confirmation.
Retest
After a breakout, it's common for the price to retest the previous resistance (now turned support). Waiting for this retest can provide a safer entry point with reduced risk.
Targets
First target: The recent swing high near $24.50.
Second target: $28.50, where there’s visible resistance.
Risk Management
Place a stop-loss below the breakout level or the lower trendline of the wedge in case the breakout fails.
Godrej Consumer Swing TradeHello,
Trend-Based Analysis. Buy the Dips, Sell The Rallies, Also Following the Trend. Let's see where the Price Action takes us, Riding the wave. Potential trade setups based on trend momentum.
Technical analysis based on trend identification and momentum, Looking for high-probability setups within the prevailing trend.
Analyzing the current market trend and potential future price movement. Focusing on risk management and reward-to-risk ratios.
Details is Mentioned in Chart, Read carefully.. .
CAD/JPY Rising Channel Breakdown Looms Bears in Play !Rising Channel Formation
The price is trading within a rising channel, indicating a potential bullish continuation or a reversal depending on how the price reacts near the channel's boundaries.
The upper boundary of the channel acted as resistance, where a rejection occurred, leading to a short setup.
Golden Pocket Zone
Around the 108.660–108.491 level, a "Golden Pocket Zone" is marked, indicating an area of potential caution due to increased market indecision.
This zone aligns with Fibonacci retracement levels or historical pivot points.
Support Levels
A Good Trading Zone is identified between 107.248–106.780, which represents a potential support area for price reversal or consolidation.
Wicks Pivotal Point near 105.851–105.817 serves as a critical demand zone where significant buying interest might reemerge.
Short Position Setup
Entry Signal: A Sell signal was triggered near the channel's resistance line, supported by a failure to break higher. The price also exhibited a rejection at a critical resistance level within the Golden Pocket Zone.
Profit Levels
The Peak Profit 0.22% label indicates a modest gain so far, suggesting a potential continuation if the price breaks below the channel support.
A prior Peak Profit 2.96% was achieved on a similar short setup from a lower level, confirming the bearish potential within the structure.
Target Levels
First target: 107.248, aligning with the Good Trading Zone.
Second target: 106.780, which is the bottom of the Trading Zone.
Extended target: 105.851, Wicks Pivotal Point, for a more aggressive short.
Stop-Loss Placement
A stop-loss should be positioned above the Golden Pocket Zone (around 109.000) to protect against false breakouts or unexpected bullish momentum.
Technical Patterns and Indicators
Rejection Candlesticks
The price formed bearish rejection candles near the channel's upper boundary and the Golden Pocket Zone, indicating strong selling pressure.
Trendline Confluence
The lower boundary of the channel intersects with the 107.248 level, adding confluence for a possible bounce or further breakdown.
Momentum Analysis
The price appears to lose upward momentum after several failed attempts to make a higher high, suggesting sellers are gaining control.
This short position aligns with the current market structure, leveraging resistance levels, a rejection from the upper trendline, and bearish momentum. However, traders should exercise caution near the identified support zones and adjust stop-loss levels based on intraday volatility. A clear break below the Good Trading Zone could open the door to extended downside potential toward the Wicks Pivotal Point.
Hudco Swing TradeHello,
Trend-Based Analysis. Buy the Dips, Sell The Rallies, Also Following the Trend. Let's see where the Price Action takes us, Riding the wave. Potential trade setups based on trend momentum.
Technical analysis based on trend identification and momentum, Looking for high-probability setups within the prevailing trend.
Analyzing the current market trend and potential future price movement. Focusing on risk management and reward-to-risk ratios.
Details is Mentioned in Chart, Read carefully.. .
Looking for a break of this upper trendline on RIOT! Sound on!🔉
📣Make sure to watch fullscreen!📣
Thank you as always for watching my videos. I hope that you learned something very educational! Please feel free to like, share, and comment on this post. Remember only risk what you are willing to lose. Trading is very risky but it can change your life!