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Parallel Channel

EURUSD Analysis==>>Inverted Head and Shoulders Pattern!!!EURUSD ( FX:EURUSD ) is moving near the Upper line of the Descending Channel , Support zone($1.0816-$1.0775) , and Support lines . Regarding Classic Technical Analysis , EURUSD has already broken the Neckline of the Inverted Head and Shoulders Pattern ( Bullish Reversal Pattern ). Also, Regular Divergence (RD+) between Consecutive Valleys . I expect EURUSD to rise to at least the width of the descending channel after breaking the upper line of the descending channel and SMA(100) and then attacking the Resistance lines . ⚠️Note: If EURUSD goes below $1.075, we must wait for more dumps to at least $1.069⚠️ Euro/U.S.Dollar Analyze (EURUSD), 1-hour Time frame ⏰. 🔔Be sure to follow the updated ideas.🔔 Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; 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.
Long
by pejman_zwin
10
EURO - Price can bounce down from resistance area to $1.0680Hi guys, this is my overview for Euro, feel free to check it and write your feedback in comments👊 A few days ago price entered to rising channel, where it rose to $1.1075 level and broke it, after which continued to grow. Then price made a fake breakout of resistance line of channel, after which fell to support line of channel. Then it rose to resistance line and then started to decline to support line, breaking $1.1075 level. Also then, price exited from channel and fell to $1.0840 level, broke it, and declined to support line. But then it bounced and rose to $1.0840 level, after which recently, EUR turned around and continued to fall. Possibly, price can grow to resistance area and then bounce down to $1.0680 support line. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Short
by WalterMoon
12
ARM LONGWe have three chartist patterns here: 1- An ascending channel. It's top (yellow) it's still giving the price more space to go up. 2- Up trendline (orange). It has been touched and respected three times and that means that the bullish trendline is powerful. 3- Symmetrical triangle pattern. We have to put attention to it, because if price breaks to the upside, then it will fuel a rally to the targets given below. The target is 164.16 and then 174.81 or so. Finally the all-time highs at 182.65. Also, fundamentals are currently bullish for semiconductors.
NASDAQ:ARMLong
by hungryOatmeal4528
Bearish CRWD on 2 scenariosNASDAQ:CRWD I'm anticipating CrowdStrike to keep falling (especially that the lawsuits hasn't bee settled yet), and that the pattern is back in the channel it's been in for the last 4 years. Scenario 1: Fast drop The yellow line represents a fast drop as per current economics readings, where it's anticipated to reach the $140 range around end of 1st quarter of 2025. Scenario 2: following the Nov21>Dec22 fall pattern The green line repeats the pattern of the fall between the period of November 2021 till December 2022, anticipating a fall to $150 around end of 3rd quarter of 2025. Up to your considerations..
NASDAQ:CRWDShort
by wa-zaa
Bitcoin - 100 Billion $ Historical Liquidations | ALL TIME HIGH!Bitcoin is only a very small step away from reaching a new all-time high. On the following chart, we can see high leverage liquidity from traders around the world. The most liquidity is around 70k - 73k. Over 100 billion dollars are ready to be liquidated! How is this possible? Most people have their liquidation price exactly around this level on their short positions on futures. They believe the market will go down, but as you know, liquidity can be a very sweet spot for whales; of course they want all orders. From a technical perspective, bitcoin is forming a bullish pennant, and we have a strong bullish Elliott Wave combo (impulse wave + zigzag wave (1+2)). Wave 3 is in progress. Bitcoin will most likely experience a massive flash pump, now it depends on whales - will they take the liquidity for their sell orders or let it be to push the price higher? What do you think? Let me know in the comment section. Write a comment with your altcoin, and I will make an analysis for you in response. Also, please hit boost and follow for more ideas. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!
BITSTAMP:BTCUSDLong
by Xanrox
70
APE will 10x in 2025, best time to buy now! (here is why)APE is definitely one of the most legendary NFTs on the crypto market, that's why you can be pretty sure that this coin will skyrocket in the near future! We already saw a pretty significant pump last week, and this pullback gives all market participants a great opportunity. Now you really cannot say that you missed this cheap price! So why is APE ready? On the chart, we can see a huge bearish pullback, this is really classic on crypto, nothing to be afraid of. The price is only retesting the previous ascending parallel channel and is currently approaching my buy zone. If you read this and you don't have any APE coins, you can feel really lucky for this pullback. From the Elliott Wave perspective, this coin is currently in major wave 3. Usually wave 3 is the strongest of all of them. I expect a minimum of 10x profit in 2025, but can go even much higher than that as FOMO may kick in. But let's be realistic for now. Write a comment with your altcoin, and I will make an analysis for you in response. Also, please hit boost and follow for more ideas. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!
Long
by Xanrox
28
I see channels everywhere‌:)As always, we start with cycles: HWC = upward trend MWC=range LWC=The trend is downward For long position: 📈For me, I trade with failure I will wait until the resistance of 2.3448 is broken so that I can open a long position Since we have both the DOW confirmation and the breakout channel, I think it would be a good place to position. Another confirmation Pay attention to the reduction in volume during the shedding process For shorts position: I📉 will wait until the support of 1.5996 breaks I will not open before that, I respect the upward trend If you want me to analyze a coin, tell me in the comment🫡 ⚠️ Do capital management to survive ⚠️
by parsa_xa
GOLD - Price can exit from pennant and then start to declineHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 A few moments ago price started to decline inside falling channel, where it at once reached $2645 level and broke it. Then price rose to resistance line of channel, after which bounced and continued to decline in channel. Later it reached $2645 level, broke it, and fell to support line, but soon made upward impulse and broke $2645 level again. Also, price made gap exited from falling channel and continued to grow inside pennant, where it reached $2720 level. Gold broke this level and rose to resistance line of pennant pattern, but recently fell to support line and made a gap. I think that price can rise a little, exiting from pennant, and then fall to $2700, breaking support level. If this post is useful to you, you can support me with like/boost and advice in comments❤️
OANDA:XAUUSDShort
by WalterMoon
4
GOLD (XAUUSD): One More Bullish Wave is Coming?! Gold is currently stuck within a horizontal range on a daily. The price is approaching its upper boundary at the moment. Because the trend is strongly bullish, chances will be high to see a further bullish continuation. Your reliable confirmation will be a breakout and a daily candle close above the underlined resistance. The next goal for the buyers will be 2780. Alternatively, the market may continue consolidating and trading within the range. ❤️Please, support my work with like, thank you!❤️
FOREXCOM:XAUUSDLong
by VasilyTrader
1
WLD → The bottom in the coin is formed. Readiness... BINANCE:WLDUSDT is confidently trading within the ascending channel. Bulls are aggressively guarding the area of ascending support. At the moment, the price is changing the local market structure into a bullish one, which may become a prerequisite for further growth The focus is on the 2.053 zone, which divides the market plane into bullish and bearish. After forming a rebound and consolidation, the price breaks the resistance and tries to consolidate above the level, which, at the moment, is already acting as support. If the bulls are able to hold their defenses above this area, the coin can easily reach the mentioned targets on the background of the rising bitcoin, which can have a favorable impact. Support levels: 2.053, 1.883, 1.787 Resistance levels: 2.325, 2.533 Technically, we have a bullish trend and resistance breakout, which can be considered as a buyer's willingness to go higher. Accordingly, the strong zone of 2.053 may provide strong support for the price Rate, share your opinion and questions, let's discuss what's going on with ★ BINANCE:WLDUSDT ;) Regards R. Linda!
Long
by RLinda
2
SCR → The dump continues. How far will the coin fall?BYBIT:SCRUSDT is in the dump phase after listing. The coin is losing 40% and is not going to stop yet. After a strong fall, the coin does not bounce back, but forms consolidation before a possible continuation of the fall... The reasons for the cold reception in the cryptocurrency community are quite objective: Rumors have surfaced that the founder took most of the coins from the amount allocated for airdrop, depriving active users, accordingly, people got few tokens... Criticism among the community regarding the design of the project. The Binance Launchpool whales got access to SCR early. Technically, the picture on the chart also points to weakness... The coin is unable to form a pullback or correction and update the local high. It can be seen that the bears are creating a huge pressure... Resistance levels: 0.9533 Support levels: 0.882, 0.8, 0.7 Accordingly, a retest of the resistance is possible before a further fall. It is not excluded, if the development team puts forward some announcement or news that can bribe speculators, in this case the coin can give a strong impulse upward, which will break the structure, but this is not the case yet. The fall will continue after the support breakdown... Rate, share your opinion and questions, let's discuss what's going on with ★ BINANCE:SCRUSDT ;) Regards R. Linda!
Short
by RLinda
4
Silver - Just Starting The Parabolic Rally!Trading update on Silver ( TVC:SILVER ): Click chart above to see the detailed analysis👆🏻 Silver just perfectly completed the bullish break and retest and is about to reject the next horizontal resistance level. However everything is still significantly bullish and I honestly do expect a breakout soon. Following the previous cycle, Silver might rally another +35% from here. Levels to watch: $34, $45 Keep your long term vision, Philip (BasicTrading)
TVC:SILVERLong
by basictradingtv
15
Is the ape still alive?Long position: There is no special explanation for Long, we just have to consider that we are correcting our big trend📈 Because of this, the drop in volume has decreased We can take a long position by breaking the channel from above And the long position is a little safer, high resistance 1.18 Short position: If it loses the support of 1.013, it can go to the bottom of the channel📉 Also, there is another support space there, so it increases the probability of reaction at that point 😉The important point is that long shadow that I drew a circle around, it actually shows the strength of that area If you want me to analyze a coin, tell me in the comment🫡 ⚠️ Do capital management to survive ⚠️
by parsa_xa
Gold can rise almost to resistance line and then continue fallHello traders, I want share with you my opinion about Bitcoin. Observing the chart, we can see how the price entered to buyer zone and some time traded inside, and even tried to break the 2505 level. But later, the price finally broke this level and rose a little, after which made a small correction and continued to move up inside the upward channel. Some time later Gold rose to the resistance line of the channel, which coincided with the current support level with the support area, and then started to decline. In a short time, the price fell to the support line of the channel and then turned around and continued to move up. Soon, the price reached the 2680 level again, and now broke it, after which rose to the resistance line of the channel, and some time traded near. Recently, the price bounced down and now it trades a little below. So, I think that the price can make a small movement up and then continue to decline to the 2680 support level, where is locate my TP. Please share this idea with your friends and click Boost 🚀
FOREXCOM:XAUUSDShort
by LegionQ8
10
BITCOIN - Price can bounce up to $72500, exiting from wedgeHi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 A few moments ago price entered to rising channel, where it at once fell to support line, breaking $57900 level. Then price in a short time ros to this level, broke it again, and made retest, after which continued to move up. Later BTC rose to $65900 level, turned around, and declined lower support line, thereby exiting from rising channel. After this, price continued to move up inside wedge, where it bounced from support line and rose to $65900 level. Soon, price broke this level, and rose to resistance line, after which made a correction and now continues to grow. In my mind, BTC can bounce up from support line to $72500, exiting from wedge pattern. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
8
usdcnh sidewayusdcnh 28 October 2024 Usdcnh chart Technical Price action time frame : 15 m Technical approach : (resistance & support _ momentum ) _ FAKE BREAKOUT from 7.1450 - Reaction to dynamic trendline and break weak resistance (7.1450) - support (7.1250) midline. sell target is (7.1250) buy target is (7.1600). My idea is downtrend yet. support area midline (7.1250) and strong bullish to target (7.1600) Is in sideway yet. SUPPORT prices : 7.1250 & 7.1100 RESISTANCE prices : 7.1600
Long
by sadrabasi71