Get started

Community ideas

Gold Forms Inverse Head and Shoulders – Rally Ahead?Hello traders! Here’s my technical outlook based on the current XAUUSD (3H) chart structure. XAUUSD previously traded inside a broad descending channel after breaking down from a consolidation range. Following several bearish impulses, price continued to respect the channel resistance and remained under strong selling pressure. Currently, XAUUSD is trading above the 4,270 Buyer Zone while remaining below the 4,420 Seller Zone. After forming an inverse Head and Shoulders pattern near support, price broke above the neckline and started a recovery phase. Recent pullbacks have held above the Buyer Zone, confirming that buyers are defending key support. As long as XAUUSD remains above the 4,270 Buyer Zone and continues to hold the inverse Head and Shoulders breakout structure, the bullish scenario remains valid. A bounce from current levels could push price toward the 4,420 Seller Zone (TP1). Please share this idea with your friends and click “Boost” 🚀
FOREXCOM:XAUUSDLong
by LegionQ8
48
ETHUSD – Bullish Breakout & Continuation Setup📊 ETHUSD – Bullish Breakout & Continuation Setup 🔍 Market Overview Ethereum is showing strong bullish momentum after breaking out of a prolonged consolidation range and reclaiming key support above the ascending trendline. The sharp impulsive move indicates growing buyer strength, while the current pullback appears healthy within the broader uptrend. Price is now holding above cloud support, suggesting that the market may be preparing for another leg higher toward major resistance levels. 📈 Market Structure Insight * Market Bias: Bullish * Momentum: Strong and accelerating * Current Phase: Breakout retest & continuation As long as ETH remains above the breakout zone and trendline support, the bullish structure remains intact. 🚀 Trading Scenarios ✅ Bullish Scenario (Primary Bias) Conditions: * Price holds above the breakout support zone * Buyers defend pullbacks into demand * Ichimoku cloud continues providing support Trade Plan: Look for buy opportunities on retracements into support or after bullish confirmation candles around the breakout area. 🎯 Target 1: 1,938 🎯 Target 2: 2,028 ❌ Bearish Invalidation Scenario Conditions: * Breakdown below the support zone * Loss of ascending trendline support * Weakness below cloud structure Trade Plan: A decisive close below support could delay the bullish continuation and trigger a deeper correction. 🎯 Key Support Zone: 1,760 – 1,780 📍 Key Levels to Monitor 🟢 Immediate Support: 1,780 🟢 Major Support: 1,760 🔴 Resistance Target 1: 1,938 🔴 Resistance Target 2: 2,028 ⚠️ Trading Perspective ETH has successfully shifted from consolidation into expansion mode. The breakout above resistance combined with trendline support increases the probability of continued upside movement, provided buyers maintain control of the current support region. 🧠 Professional Insight This setup is supported by: * Strong breakout momentum * Ascending trendline structure * Cloud support alignment * Higher highs and higher lows formation The best risk-to-reward opportunities often come from pullbacks into support zones rather than entering after large bullish candles. 🛡️ Risk Management * Risk only 1–2% per trade * Place stop loss below the breakout structure * Wait for bullish confirmation before entry * Avoid chasing extended price moves * Let the market confirm continuation before increasing position size
BINANCE:ETHUSDLong
by SHAY_ANALYTICS
30
GOLD: Wait for breakout to show price directionGOLD: Wait for breakout to show price direction After Trump announced on Saturday that the US and Iran could sign a deal on Friday, we saw gold recover quickly from 4025 to 4370. The price is taking another pause as the market is not sure if a deal will be reached this time as their deal has failed several times. For this reason, gold is taking another pause, showing trading opportunities for both sides in the short term. Bullish scenario: If the price moves above 4370, it could rise further to 4427. Bearish scenario: If the price moves below 4307, then it could fall to 4248. You can find more details on the chart. Thank you and good luck! 🍀 ⚠️PS: Do your own analysis and use your own strategy to join the trade. ❤️ If this analysis helps your trading day, please support it with a like or comment
OANDA:XAUUSD
by KlejdiCuni
35
Gold 30Min Engaged ( Bearish Reversal Detected )HANZO MARKET LIQUIDITY REPORT Gold Timeframe: 30min (Volume Basis) Scale: Higher Timeframe Context / Deep Volume analysis ━━━━━━━━━━━━━━━━━━━━━━ Market Observation This analysis is focusing on structural behavior, liquidity zones, Volume analysis and key areas of interest within the current range. ━━━━━━━━━━━━━━━━━━━━━━ Market Bias Full liquidity Map ━━━━━━━━━━━━━━━━━━━━━━ 🔥Bearish Reversal Key Volume Zone : 4330 Area ━━━━━━━━━━━━━━━━━━━━━━ Structure Factors: • Higher timeframe Volume reaction level • High-volume / Hidden • Range Defend structure • Volume Stacking • Quarter Volume
CAPITALCOM:XAUUSDShort
by Path_Of_Hanzo
32
XAUUSD – Bearish Rejection at 4,350, Eyes on 4,079 Gap FillGold is rejecting from local resistance and lining up another wave of downside straight toward the unfilled weekend gap. Why This Level Matters: Price is stalling under the 4,350 supply zone after failing to push higher. The weekend gap at 4,079 remains open below, creating a clear magnet for price. As long as we stay capped under resistance, the path of least resistance points lower. Gameplan / Primary Scenario: We stay short while price holds below 4,350. The trigger is a clean break below the 4,308 entry level — that confirms sellers in control and opens the move down toward the 4,225 gap first, then the deeper 4,079 weekend gap as our main target. Sell the break, ride continuation lower into the gaps. If this added value, boost it forward. What are your thoughts? Swallow Academy
OANDA:XAUUSDShort
by SwallowAcademy
24
USOIL 30Min Engaged ( Bullish Reversal Detected )HANZO MARKET LIQUIDITY REPORT USOIL Timeframe: 30min (Volume Basis) Scale: Higher Timeframe Context / Deep Volume analysis ━━━━━━━━━━━━━━━━━━━━━━ Market Observation This analysis is focusing on structural behavior, liquidity zones, Volume analysis and key areas of interest within the current range. ━━━━━━━━━━━━━━━━━━━━━━ Market Bias Full liquidity Map ━━━━━━━━━━━━━━━━━━━━━━ 🔥Bullish Reversal Key Volume Zone : 75.30 Area ━━━━━━━━━━━━━━━━━━━━━━ Structure Factors: • Higher timeframe Volume reaction level • High-volume / Hidden • Range Defend structure • Volume Stacking • Quarter Volume
TVC:USOILLong
by Path_Of_Hanzo
23
XAUUSD SMC Intra-day Analysis: Target 4370XAUUSD Bullish SMC Intraday Analysis (30M) XAUUSD remains bullish after a clear liquidity sweep into the 4310–4315 demand zone, followed by a Change of Character (CHoCH) and a Break of Structure (BOS). This sequence signals that smart money has likely accumulated long positions and shifted market control back to buyers. Key SMC Zones 🟢 Demand Zone: 4310–4315 🟢 Buy Entry Zone: 4320–4325 🔴 Major Supply Zone: 4365–4370 Price is currently retracing into the entry zone while maintaining higher lows above the demand area, suggesting buyers are still defending the structure. Bullish Scenario As long as price remains above 4315, the bullish structure stays valid. Targets: TP1: 4340 TP2: 4350 TP3: 4370 A successful reaction from the entry zone could trigger a continuation move toward the unmitigated supply area near 4370. Confluence Factors ✔ Liquidity sweep completed below support ✔ CHoCH confirms bullish shift ✔ BOS validates buyer strength ✔ Price trading above the demand zone ✔ Clear upside liquidity resting near 4365–4370 Trade Invalidation A sustained break and close below **4310** would weaken the bullish outlook and suggest further downside liquidity is being targeted. Outlook The current SMC structure favors buy-the-dip opportunities from 4320–4325, with the market targeting liquidity and supply resting around 4340, 4350, and ultimately 4370. Buyers remain in control while price holds above the demand zone.
OANDA:XAUUSDLong
by IGT_Traders
21
USDCAD - Retest of 1.40. Markets are awaiting the Fed's decisionFX:USDCAD maintains a strong bullish trend and is testing the 1.4000 resistance level while attempting to hold above this key threshold. The Federal Reserve meeting is now in focus USDCAD has entered a consolidation phase ahead of major news events, with the primary focus on the Fed's interest rate decision and comments from the new Fed Chair The U.S. dollar is currently correcting within a broader bullish trend. With key economic releases approaching and geopolitical tensions still in the background, a hawkish stance from the Federal Reserve could push the Dollar Index higher, providing additional support for the currency pair. Resistance levels: 1.4000, 1.4024, 1.4100 Support levels: 1.3995, 1.3980, 1.3967 Within the prevailing bullish trend, price is consolidating above the key 1.3995 level. If bulls manage to defend this area and secure a close above 1.4000, it could become a technical catalyst for further upside Best regards, R. Linda
Long
by RLinda
21
XAUUSD Facing Key Trendline ResistanceGold is currently trading beneath a descending trendline while consolidating near a key resistance area. Price has shown signs of slowing momentum after the recent bullish recovery, suggesting that sellers may still be active at higher levels. A rejection from the current resistance zone could lead to a move back toward the highlighted support and target area below. However, a strong break and close above the trendline would weaken the bearish outlook and signal potential continuation to the upside. This analysis is based on current price structure, trendline resistance, and key support/resistance zones. Always wait for confirmation and manage risk accordingly
TVC:GOLDShort
by CEO_OF_GOLD
25
Gold (XAUUSD) Technical Analysis – Professional Overview The market is currently trading within a well-defined structural framework, showing repeated reactions from key demand and supply zones. Price action indicates a transition phase where the market previously respected an ascending support trendline, followed by a breakdown into a corrective move and liquidity sweep below recent lows. This move suggests temporary bearish pressure driven by stop-loss hunting and institutional liquidity grabs. At present, price is reacting from a strong demand zone, where buyers have previously shown interest, leading to a potential bullish recovery. However, overhead resistance remains significant near the supply zone, which aligns with previous swing highs and institutional selling interest. The interaction between these zones suggests a possible range expansion or reversal scenario depending on breakout confirmation. If bullish momentum sustains above the current structure, price may attempt a move toward the intermediate resistance level, and potentially retest the major supply zone. Conversely, failure to hold the demand area could result in continuation of the broader downtrend. Overall, the chart reflects a market in decision phase, balancing between bullish recovery from demand and bearish continuation from supply resistance.
TVC:GOLDLong
by Gold_Professor_SMC
33
XAU/USD: The Fed-Day Tightrope Walk⚡ The Atmosphere: Why the Price Action is Stalled The recent V-shaped recovery from the $4,023 June lows has hit a significant structural "brick wall." Here’s the pulse of the market right now: The Warsh Effect: All eyes are on today's FOMC decision. This isn't just another meeting; it's the historic debut of new Fed Chair Kevin Warsh. The market is desperate to know if his "regime change" involves aggressive balance sheet reduction or a more nuanced approach. Any signal of a hawkish tilt will likely act as a structural weight on gold. The Geopolitical "Cool-Off": The "war premium" is deflating. Following reports of a U.S.-Iran ceasefire framework, the urgency to hoard safe-haven assets has dipped. This is why we are seeing a lack of follow-through on the recent rally. Central Bank "Floor": Despite the short-term noise, the structural floor is intact. Central banks globally are still accumulating, which acts as a massive support buffer around the $4,000–$4,100 zone. 🛠 Technical Perspective: The $4,340 Threshold Technically, gold is in a classic "retest" phase. It has cleared the $4,246–$4,268 hurdles, but the $4,340 level is acting as a major distribution ceiling. Bullish Case: A clean, high-volume break above $4,357 could spark a run toward $4,390. Bearish Case: If the FOMC statement causes the USD to spike, we should expect a rejection here, pushing the price back down to re-test the lower support rails of the current wedge. 💡 Strategic Playbook Don't get caught in the pre-news crossfire. The volatility around an FOMC statement is notorious for "liquidity sweeps" that trigger stop-losses before moving in the actual direction of the trend. The "Sideliner" Strategy: Sit tight until the Fed statement hits the wires. Let the algorithm-driven noise settle. The Trend-Follower: If the price breaks decisively above $4,357 with strength, look for the momentum-driven continuation. The Mean-Reverter: If we see a failure to hold $4,300, be prepared for a quick reversion toward the $4,200 handle.
OANDA:XAUUSDShort
by Lingrid
38
XAUUSD (Gold) 4H | Bullish Recovery Setup After Liquidity Sweep Gold (XAUUSD) is currently trading inside a critical support region after completing a liquidity sweep and showing signs of buyer interest. The current price structure suggests that this zone could become the foundation for a bullish recovery if buyers maintain control. A confirmed breakout above the nearby resistance level would strengthen the bullish outlook and open the path toward higher targets. The chart highlights key technical areas, including the major demand zone, liquidity sweep (SSL), reaction zone, breakout confirmation level, and higher resistance targets. Traders should wait for a confirmed candle close and market structure confirmation before entering a position instead of anticipating the move. Key Technical Levels: • Major Demand Zone: 4054 – 4133 • Key Support / Retest Zone: 4218 • Breakout Confirmation: 4379 • Target 1 (TP1): 4471 • Major Supply Zone / Institutional Resistance: 4593 This analysis is based on price action, liquidity concepts, support and resistance, and market structure. Always manage risk properly, use stop-loss protection, and never risk more than you can afford to lose. This chart is for educational purposes only and should not be considered financial advice.
TVC:GOLDLong
by Forex_Profit_SMC-FVG
16
XAU/USD (Gold Spot) – 45-Minute Chart### Market Structure Overview On the 45-minute timeframe, XAU/USD is maintaining a bullish market structure after a significant impulsive rally from the major demand and order block zone highlighted between **4,050 and 4,115**. Following the strong recovery from this institutional support area, price established a sequence of **higher highs and higher lows**, confirming a shift from bearish pressure to bullish control. The chart highlights a previous **Market Structure Break (MSB)** to the upside, which acted as confirmation that buyers regained momentum after the prolonged decline. Since then, gold has continued to trade above key structural support levels while consolidating near recent highs. ### Key Technical Observations * The large bullish order block remains unmitigated and continues to serve as the primary support zone. * Price successfully defended higher lows throughout the recent advance, indicating ongoing buying interest. * Current price action is forming a short-term consolidation range near **4,325–4,350**, suggesting accumulation rather than aggressive selling. * The absence of strong bearish follow-through below the consolidation zone increases the probability of another upward expansion. * Recent pullbacks have remained shallow, reflecting healthy bullish market conditions. ### Bullish Scenario If buyers maintain control above the **4,300–4,315 support region**, XAU/USD could complete the current consolidation pattern and initiate another bullish leg higher. The projected path suggests: 1. A brief corrective dip into nearby support. 2. Renewed buying pressure from demand. 3. Breakout above consolidation resistance. 4. Continuation toward the next liquidity zone around **4,370–4,380**, which aligns with the marked take-profit objective. ### Bearish Risk A sustained break and close below **4,300** would weaken the bullish outlook and could trigger a deeper retracement toward lower support levels. However, as long as price remains above the recent swing lows, the broader short-term structure favors buyers. ### Conclusion XAU/USD remains technically bullish on the 45-minute timeframe. The strong reaction from the institutional demand zone, confirmed bullish market structure break, and ongoing consolidation above support suggest that the market is preparing for a potential continuation higher. Traders should monitor the current range closely, as a successful defense of support could open the way for a move toward the **4,370 resistance region** in the coming sessions.
FOREXCOM:XAUUSDLong
by zayn-trader
44
B T C : ($ 65 156 Buy Limit)Bitcoin has gave us good (Profit) in our previous trade and now we are going to be following the same simple (Instructions) and Formula) to (Captiize) on this new trade by using a (Buy Limit) at the price of ($65 156) and a (Take Profit) at (67 705) this is because we are able to see the visibility of the (Bulls) in the market and we will follow the (Long Term Trend Direction) We will not be chasing (Price) but rather be patient and let it come to the (Downside) a bit and trigger our (Buy Limit) the daily low for today is ($64 555) and the high being ($66 128) so we could go higher creating a new (Daily High) then return to the (Downside) a bit and continue with the (Long Term Trend Direction) of an (Uptrend) For this (Trade) we are simply using the (1H Time Frame) but keeping in mind and referencing the (Daily Time Frame) which enables us to see clearly the (Long Term Direction) of the (Market) ⬇️ Trading Tips ⬇️ • Follow the trading plan ✓ • Have good risk to reward ✓ • Don't hesitate let the order trigger ✓ • Always close partial profits ✓ • Journal & Review your trades and results ✓ ⬇️ Pervious Profitable Trade Below ⬇️
CRYPTO:BTCUSDLong
by KennyYenKen
23
US30: Strong Bullish Structure Continues Toward Higher TargetsUS30: Strong Bullish Structure Continues Toward Higher Targets US30 continues to display impressive strength, with price consistently respecting bullish structures and breaking higher after each consolidation phase. Over the past several weeks, the market has developed a sequence of bullish patterns that have ultimately resulted in continuation moves to the upside. This type of price action is often a sign of a healthy and sustainable trend rather than an overextended rally. The recent breakout suggests buyers remain firmly in control, and as long as the market continues to defend higher lows, the bullish outlook remains intact. The first key target sits at 53,000, which represents the next major resistance area. A successful breakout above that level could pave the way for a move toward 54,000. Bullish Scenario: 🎯 Target 1: 53,000 🎯 Target 2: 54,000 You can find more details on the chart. Thank you and good luck! 🍀 ⚠️PS: Do your own analysis and use your own strategy to join the trade. ❤️ If this analysis helps your trading day, please support it with a like or comment
CAPITALCOM:US30Long
by KlejdiCuni
21
BTCUSD Weekly Breakdown – Key Resistance at 87K Bitcoin (BTCUSD) is currently moving within a well-defined market structure on the higher timeframe, showing clear reactions from major support and resistance zones. The price action indicates a broader bearish trend controlled by a descending trendline, where lower highs are consistently forming, confirming seller dominance in the market. At the same time, the market is approaching critical liquidity areas where strong reactions are expected. The 87,000 resistance zone remains a key decision point for the next bullish continuation. A strong breakout and daily close above this level could trigger momentum toward higher resistance targets and potentially shift the overall market sentiment. On the downside, price continues to respect lower support regions, where buyers are attempting to defend structure and form a potential base for reversal. However, until a clear breakout above the trendline and resistance zones occurs, the market remains in corrective/bearish control. Traders should focus on structure breaks, trendline confirmations, and liquidity grabs for high-probability entries. Patience is required as BTC approaches critical zones that will decide the next major move.
BITSTAMP:BTCUSDLong
by XauusdMarketNavigator
30
EUR/USD Bearish Retracement Toward Demand Zone EUR/USD is showing signs of a short-term bearish correction after failing to maintain momentum near the **1.1610–1.1620 resistance area**. Following a strong bullish breakout and sustained trading above the Ichimoku Cloud, price has begun to weaken and is now testing nearby support levels. The highlighted demand zone around **1.1555–1.1560** represents a key area where buyers may step back into the market. As long as price remains below recent highs, a deeper pullback toward this support region remains likely. A successful reaction from the zone could revive the broader uptrend, while a breakdown would signal increased bearish pressure. 🎯 **Target:** **1.1560** 📉 **Bias:** Short-Term Bearish Retracement 🔑 **Key Resistance:** 1.1610 – 1.1620 🛡️ **Key Support:** 1.1555 – 1.1560 Demand Zone
Short
by SMART_MONEY_CIRCLE
13
XAU/USD | Towards 4200 and lower!As you can see in the 4H chart of Gold, after last night's FOMC, it dropped from 4379 all the way to 4219, reaching the Demand Zone and bounced back up to 4328, before dropping again, currently being traded at around 4250. I expect further drop for Gold and the first target is at 4219 and then 4170. Unless something weird happens and Gold somehow make it back above 4270, then a rise towards 4300 could happen, but it is not likely. Structurally, Gold is heavily bearish and it may go even below the 4100, towards the Bullish OB and then the massive pool of liquidity below the 4023 level.
FOREXCOM:XAUUSDShort
by AmirAliTrading
27
EURUSD: Recovery in Progress - Resistance Comes Into PlayHello everyone, here is my breakdown of the current EURUSD setup. Market Analysis EURUSD previously traded inside a descending channel, where sellers maintained control after a prolonged decline. Following a breakout from the channel, price entered a consolidation range before finding support near the 1.1570 Support Zone and shifting into a recovery phase. Currently, EURUSD is trading inside an ascending channel while holding above the 1.1570 Support Zone. Recent breakouts and successful retests confirm growing bullish momentum, while the fake breakout below support highlighted strong buyer activity at lower levels. My Scenario & Strategy As long as EURUSD remains above the 1.1570 Support Zone and continues to respect the ascending channel structure, the bullish scenario remains valid. A continuation higher could push price toward the 1.1640 Resistance Zone (TP1). However, a breakdown below support would weaken the recovery outlook and increase the risk of a deeper decline. That’s the setup I’m tracking. Thank you for your attention, and always manage your risk.
Long
by Ratner
20
XAU/USD | Bearish Breaker retest - towards the supply zoneAs you can see in the 4H chart of Gold, after it swept the massive pool of liquidity below the 4098 level, it surged in price, going as high as 4369! With the positive news regarding the Deal and negotiations between US and IR, Gold opened this week with a very large gap, from 4218 to 4301! I expect Gold to eventually come back to that range and fill the gap. Gold has tested the Bearish Breaker several times and has not been able to break above it, and it is currently being traded at 4345, retesting the Bearish Breaker. Should the deal get signed with no problem on Friday, I'd like to see go break above the bearish breaker and go towards the Supply Zone. However if gold is rejected by the breaker once more, it could drop back to 4300. As long as Gold keeps itself above the 4310 level, it remains Bullish. In summary, I expect Gold to go higher, unless the deal is off or the strait of Hormuz closes again or the war restarts, otherwise, Gold will go higher in my view.
FOREXCOM:XAUUSDLong
by AmirAliTrading
55
EURUSD Price Update – Clean & Clear ExplanationEUR/USD experienced a strong bearish move that pushed price into a significant demand zone around 1.1490–1.1500. The sharp downside spike appears to have swept liquidity resting below previous lows, a common smart-money behavior used to trigger stop losses before reversing direction. The current price action suggests that the market is attempting to establish a short-term base above the key support area. This zone has already proven its importance by attracting fresh buying interest and preventing further downside continuation. As long as price remains above this support, the probability of a bullish recovery remains favorable. From a structural perspective, EUR/USD is also approaching a descending trendline that has capped price for several sessions. A successful break above this trendline would indicate a shift in momentum from bearish to bullish and could attract additional buyers into the market. The first upside objective lies near the 1.1600 psychological resistance, followed by the major supply zone around 1.1630–1.1640, where sellers may attempt to regain control. Market participants will be watching for confirmation through higher lows and bullish continuation candles. If momentum strengthens, the pair could deliver a significant recovery from current levels. However, a failure to hold above the support zone could invalidate the bullish scenario and expose the market to another leg lower. Conclusion: The recent sell-off appears to be a liquidity sweep rather than the start of a new bearish trend. Strong rejection from a key demand zone, combined with the possibility of a trendline breakout, suggests that EUR/USD may be preparing for a bullish reversal toward higher resistance levels. Traders should monitor price behavior around support and look for confirmation before targeting the next upside objectives. Ps; Support with like and comments for better analysis Thanks for Supporting.
Long
by Pintu_sahu01
13
XAU/USD Bullish Continuation Eyes 4,405 Resistance TargetGold (XAU/USD) is maintaining a strong bullish structure after forming a base near the Fair Value Gap (FVG) support zone and breaking higher through a series of higher highs and higher lows. The market successfully filled the highlighted gap area and attracted fresh buying interest, leading to a sustained upward move. Price remains above the rising trendline and the Ichimoku Cloud, reinforcing the bullish outlook. The highlighted demand zone around 4,290–4,310 continues to act as key support, while buyers target the next major resistance level overhead. As long as price holds above the support zone and trendline, the path of least resistance remains to the upside. **🎯 Target:** **4,405.22** **📈 Bullish Support Zone:** 4,290 – 4,310 **📊 Key Resistance:** 4,405.22 A breakout above recent highs could accelerate momentum toward the target area, while a loss of support may trigger a deeper retracement before the broader uptrend resumes.
OANDA:XAUUSDLong
by Alpha_Trade_Scope
39
BTCUSDT: Faces Triangle Resistance – Bearish Pullback At 63,6K?Hello everyone, here is my breakdown of the current BTCUSDT setup. Market Analysis BTCUSDT previously traded inside a well-defined downward channel, where sellers maintained control after a strong decline from the local highs. Following multiple bearish breakouts, price reached a major pivot low and started a recovery phase, eventually breaking out of the channel and shifting momentum back to the upside. Currently, BTCUSDT is trading inside a large symmetrical triangle formation between the 67,000 Resistance Zone and the 63,600 Support Zone. Recent bullish momentum pushed price into the upper boundary of the triangle, but the market is now showing signs of rejection from the resistance area. My Scenario & Strategy As long as BTCUSDT remains below the 67,000 Resistance Zone and continues to respect the triangle resistance line, the bearish scenario remains valid. A rejection from current levels could trigger a pullback toward the 63,600 Support Zone (TP1), where buyers may attempt to defend the market again. However, if BTCUSDT breaks above the resistance zone and confirms a triangle breakout, the bearish outlook would weaken and a stronger bullish continuation could follow. That’s the setup I’m tracking. Thank you for your attention, and always manage your risk.
BINANCE:BTCUSDTShort
by Ratner
16