Trend Lines
Bears Beware! Something lingers hidden called the Golden Ratio.Bears Beware!
After about a 5% run up back above the 100k barrier, BTC finds itself falling 1% testing the barrier once more. Could this be an imminent win for the bears? It may look like it at the surface but there are many indicators pointing up.
The Squeeze Momentum Indicator
The squeeze momentum indicator finds squeezes where price action has ping-pong movement with little volatility. The histogram shows the direction of the momentum and the black dots show if there is a squeeze occuring with the white dots indicating that the squeeze has release. At this critical point we can see price regaining upward momentum.
Hidden Bullish Momentum
Typically, higher highs on the price chart with lower or even highs on the oscillator indicate bearish reversals. However, we can see a hidden bullish divergence occuring with higher price lows and lower oscillator lows. This typically indicates not a reversal but a continuation.
The Golden Ratio
If we draw a fibbonacci extension (starting from where the upward momentum starts locally, to where price action reverses downward, and finally to where it reverses upward) we can see critical fibb zones that can act as support and resistance. The one that the Bulls and the Bears are currently fighting over is one of the most vital fibb regions - The Inverse of the Golden Ratio (1/1.618 = 0.618) - which is conveniently around the 100k price level. What matters now is if BTC can continue to break through this level and turn it into support.
BTC has shown the amount of upward momentum it has behind it seeing how after breaking through the 0.618 fibb level, it broke through the 0.768 fibb level reaching nearly 104k. If we are able to create support at the 0.618 level we may see enough momentum to reach the Golden Ratio, 1.618, fibb level of 117k.
Always remember - Bears sound smart, Bulls make money.
Don't forget - This is not financial advice.
US100 | 30M | SCALPING TIME Hi guys, I made CAPITALCOM:US100 analysis for you. For this kind of analysis, please value my analysis with your likes Thank you very much to everyone who supports me by liking
SIGNAL ALERT
SELL US100 21,726.5 - 21,730.1
🟢TP1: 21,700,9
🟢TP2: 21,670,1
🟢TP3: 21,600,1
🔴SL: 21,831,8
Stay with love guys.
EURUSD → False breakout of resistance. DowntrendFX:EURUSD is testing resistance in the downtrend phase. The maneuver ends with a false breakout of resistance at 1.0607
On the daily timeframe the price is squeezed between the strong resistance at 1.06011 and the local support at 1.05. So, if the bears keep the defense below the key resistance, the currency pair will continue to fall in the short term. The target in this case may be the area of 1.05 - 1.044.
But, technically, the retest of 1.0607 may provoke a local breakout of the level and the price movement to the channel resistance against which there will also be a high probability of formation of a false breakout.
Resistance levels: 1.0607, 1.965, 1.076
Support levels: 1.0448, 1.0331
Emphasis on resistance. Confirmation of the nearest resistance in the form of price consolidation below the level, if retested, could be a good entry zone. But if resistance is broken, the focus will shift to 1.065 - 1.067
Rate, share your opinion and questions, let's discuss what's going on with ★ FX:EURUSD ;)
Regards R. Linda!
AXISBANK--Near Its Demands??This stock is bullish from long term.
we have to look for buying opportunities to continue in the trend.
if we see trendline is acting as support multiple times at bottom side...
on the topside we have dynamic resistance in the form of trendline.
when price takes the support again from the bottom side trendline,
we will go for buying, when price breaks the topside trendline and retest.
we have a lot of liquidity is lies below the trendline on bottom side.
If price takes all the liquidity then an immediate entry is placed at 960 to 920 levels.
Look for buying opportunities in this stock.
GBPJPY- Reversal above 195?After reaching a low of 188, GBP/JPY reversed to the upside in a normal corrective move and found resistance near the 192 zone. A subsequent drop followed, but instead of resuming its downtrend, the pair began consolidating within a range.
The emerging pattern, while not perfect, resembles an inverse Head & Shoulders. A break above the neckline would confirm this formation and pave the way for further gains, potentially targeting the 195 resistance level.
I remain bullish on GBP/JPY as long as the pair stays above the recent consolidation support.
AUDUSD downside target 0.6270In the chart, AUDUSD is currently running below the downward trend line, and the bearish trend is obvious. Yesterday's market closed with a bearish pinbar pattern. Currently, you can pay attention to the area around 0.639. If the rebound is blocked, you can consider shorting. Pay attention to the support near 0.627 below.
Macys | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Macys
- Double Formation
* 20.70 USD | A+ Set Up
* Neckline Entry At 16.70 USD | Subdivision 1
- Triple Formation
* 14.20 USD | Support Area | Top / Bottom Structure | Subdivision 2
* Retracement (1) & 0)) Short term Bias
* Trend, Behaviour & Entry Depiction | Subdivision 3
Active Sessions On Relevant Range & Elemented Probabilities;
London(Upwards) - NYC(Downwards)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Sell
Paladin Energy Limited | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Paladin Energy Limited
- Double Formation
* 15.700 AUD | A+ Set Up | Subdivision 1
* Neckline Entry Area
- Triple Formation
* Flat ABC | Range & Continuation | Subdivision 2
* Retracement 0)) Area & 6750 AUD Depiction
* Flag Structure Pattern | Behavioural Survey | Subdivision 3
Active Sessions On Relevant Range & Elemented Probabilities;
London(Upwards) - NYC(Downwards)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Neutral
Thomson Reuters | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Thomson Reuters
- Double Formation
* Survey 1 | Ranging Structure At 175.00 USD | Subdivision 1
* Neckline | Support & Resistance Survey 3
- Triple Formation
* Retracement | (0) Resistance Area | Subdivision 2
* Top / Bottom Structure | Ranging Area At 157.00 USD | Subdivision 3
* 012345 | Wave Template Depiction
Active Sessions On Relevant Range & Elemented Probabilities;
London(Upwards) - NYC(Downwards)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Neutral
DigiByte / USD | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# DigiByte / USD
- Double Formation
* 0.00870 USD | Trend Line Entry
* Wave 2)) | Retracement Area At 0.00670 USD | Subdivision 1
- Triple Formation
* 012345 | Wave Uptrend 3)) / Support & Resistance | Subdivision 2
* 0.02070 USD | Top / Bottom Structure Survey
* Trend, Behaviour & Entry | Daily Time Frame | Subdivision 3
Active Sessions On Relevant Range & Elemented Probabilities;
London(Upwards) - NYC(Downwards)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy
Cettire Ltd | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Cettire Ltd
- Double Formation
* 2.450 AUD | Downtrend Area | Subdivision 1
* (1) Retracement | Bias On Hold
- Triple Formation
* Neckline At 1.670 AUD | Subdivision 2
* 012345 | 345 Template | Subdivision 3
* Trend, Behaviour & Entry
Active Sessions On Relevant Range & Elemented Probabilities;
London(Upwards) - NYC(Downwards)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Sell
AAPL to back to 200 in a flatCan't help but see the moves since August as 2 corrections in a row for W-(A) and W-(B). This followed up with what looks like a leading diagonal for W-1 of W-(C). The subcount for W-2 had a=c and 61.8% both right at 230.5 which it bounced off today. Not pictured, I do have a potentially for 1 more small high before the drop. I'm also pretty bearish on GOOG, AMZN, and MSFT in the same timeframe so this would line up.
CYCLE 4 | LOG Trend Lines Chart - For Fun!Quick post looking at how BTC has historically respected 'log trend lines and how they may affect BTC future price action.
Will be fun to see how this model holds up over cycle 4 and future BTC cycles (view on a computer and use the future price action tools to see what happened past todays post date).
WW Longdaily, Wedge breakout + Wedge breakout + trendline break
Price crossed SMA50 + retest
Long 1.5
no Stop
Target 3.0, 6.3
Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
Technical Analysis of XRP/USDT📊 Technical Analysis of XRP/USDT (Weekly Chart)
Key Highlights:
Long-term Ascending Channel:
The chart shows a strong upward ascending channel highlighted by blue lines. 📈
The lower boundary serves as strong support, and the upper boundary acts as a key resistance. 🔵
Support and Resistance Levels:
Resistance Zone: Between $2.6 and $1.9. 🟥
Support Zone: Around $0.96 and the lower boundary at $0.29. 🟩
600% Target:
A potential bullish target of around $6.54–$6.39 has been identified. 🚀✨
✅ Possible Price Movements:
The price has recently rejected near the resistance zone and may retrace toward $1.9. 🔄
If the support level at $0.96 holds, a bullish rebound toward the channel’s upper boundary and the $6.54 target could occur. 📈💹
Breaking below critical support (below $0.46) may lead the price toward the channel's bottom, near $0.29. ⚠️📉
🎯 Trading Strategy Suggestion:
Buy Entry: Near key supports like $0.96. 🟢
Stop Loss: Below the channel’s lower boundary or $0.46. ⛔️
Take Profit: Around $3.0, $6.54, or the channel’s upper boundary. 🏆
🛑 Important Note:
This analysis is for informational purposes only. Always perform further research and apply proper risk management before making financial decisions. ⚠️
Bitcoin will make the New ATH!?Bitcoin ( BINANCE:BTCUSDT ) is moving near the Support zone($99,600-$98,000) and has managed to break the Resistance lines .
Regarding Elliott wave theory , Bitcoin completed a corrective wave as I expected .
I expect Bitcoin to rise to at least Resistance zone($102,280-$101,000) and if the Resistance zone breaks , we can hope for a new All-Time High(ATH) soon .
⚠️Note: if BTC goes below the Support zone($99,600-$98,000), we can expect more dumps. ⚠️
🙏Please respect each other's ideas and express them politely if you agree or disagree.🙏
Bitcoin Analyze (BTCUSDT), 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 and updates; this is just my Idea, and I will gladly see your ideas in this post.
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