DowJones | H4 Rising Wedge | GTradingMethodHello Traders,
Yesterday I shared a short setup on the Dow Jones using the rising wedge pattern. I entered at 46,267 and exited with a small profit at 46,179. I exited because I did not like the reaction at that level and anticipating a better entry.
Today, I’m looking to re-enter if price reaches 46,343, which could form a potential double top on the chart.
🧐 Market Overview:
Rising wedges generally act as bearish reversal patterns, that said, the broader market remains bullish following the FOMC, so I’ll be risking less and proceeding with caution.
However, the VIX has been sitting near multi-month lows, which often precedes sharp moves. If volatility picks up post-FOMC, rising wedge patterns could act as early warning signs of a pullback.
So I am willing to risk a small amount and potentially be rewarded BIG!
📊 Trade Plan:
Risk/Reward: 6.7
Entry: 46,343
Stop Loss: 46,539
Take Profit 1 (50%): 45,000
Take Profit 2 (50%): 45,000
Also, if this plays out, I expect NAS and S&P to fall too which will likely drag crypto with it.
Thanks for checking out my post!
I would love to hear if you have any rising wedge trading tips? And if you are trading the Dow Jones or S&P today?
Please note: This is not financial advice. This content is to track my trading journey and for educational purposes only.
BTC-D
BTC 1H Aanalysis - Key Triggers Ahead | Day 42😃 Hey , how's it going ? Come over here — Winter got something for you!
⏰ We’re analyzing BTC on the 1-Hour timeframe.
👀 On the 1-hour timeframe for Bitcoin, we can see that after reaching the seller trigger zone around $117,825, price was rejected to the downside. Currently, it is losing an important support level on this timeframe, and if we get a candle close below this zone, Bitcoin will likely move toward the buyer trigger area. After that, the market will enter a decision-making phase, where we will have to wait and see what happens in the coming week.
🧮 Looking at the RSI oscillator, there is a key level around 34. If momentum breaks below this level, we could see a deeper correction in Bitcoin’s price.
🕯 The size and volume of red candles are increasing, showing that many traders are selling Bitcoin and closing their long contracts. We need to watch how far this selling pressure continues. This correction, along with the selling momentum, is not unusual — it’s a natural part of Bitcoin’s price movement. Once this correction is complete, we’ll need to see what structure Bitcoin forms next.
🧠 For Bitcoin to make a real bullish reversal without entering an accumulation phase, the support level currently being lost could turn into a strong resistance trigger for future long positions. However, the main trigger remains at $117,825. If Bitcoin breaks above and holds that level, it could even set a new all-time high (ATH).
❤️ Disclaimer : This analysis is purely based on my personal opinion and I only trade if the stated triggers are activated .
BITCOIN PREDICTION: THIS IS THE NEXT TARGET (scary) Yello Paradisers! Enjoy the video!
And Paradisers! Keep in mind to trade only with a proper professional trading strategy. Wait for confirmations. Play with tactics. This is the only way you can be long-term profitable.
Remember, don’t trade without confirmations. Wait for them before creating a trade. Be disciplined, patient, and emotionally controlled. Only trade the highest probability setups with the greatest risk to reward ratio. This will ensure that you become a long-term profitable professional trader.
Don't be a gambler. Don't try to get rich quick. Make sure that your trading is professionally based on proper strategies and trade tactics.
$SOLANA 250+ or bearish trend to 225/200With the recent solana pump, major profits have been taking place.
However, SOL stopped out at 249. Just under the Psychological level of 250.
On this chart we can see the following:
- Supply & Demand
- Anchored Volume
- Pattern: BF / BC /SR
- Two 4 hour FVG's below price, with HTF GP on the second FVG.
- One swing high & swing low
- OBV tool in place forming a bearish channel
- Psychological levels of 250, 225, 200
With these in place, we can see solana is looking pretty bearish now.
What comes up, must come down.
Solana is making a retest on the demand zone, which is also the resistance and golden pocket.
If price wicks and successfully rejects. We will definitely see 225.
A long with the Volume Anchor acting as a magnet for price to come back down as there has not yet been a retest.
But if it closes above the resistance, there is a greater chance of it breaking above the demand zone.
We will begin looking for shorting opportunities once solana fails to break above.
We will begin looking for long opportunities if solana succeeds in it's break above.
Right now, keep your eyes peeled.
We have movement incoming.
BTCUSD Long: Awaiting Bounce from Channel SupportHello, traders! The prior price auction for BTCUSD was controlled by a downward wedge, which guided the price to the major 110000 DEMAND level. A strong bullish initiative from this demand zone caused a reversal and a breakout from the wedge, establishing the current bullish market structure and shifting control to buyers.
Currently, the price action is being guided by a new ascending channel. The auction has recently pushed up to test the significant horizontal supply at the 117600 level and is now in a corrective pullback phase, heading towards the lower support line of this channel for what I see as a critical test.
My scenario for the development of events is a continuation of this uptrend after the corrective dip completes. I believe the price will find strong support on the ascending demand line of the channel. In my opinion, a successful bounce from this dynamic support will confirm that buyers are still in control, triggering the next impulsive wave higher and breaking the 117600 supply level. The take-profit is therefore set at 120300, targeting the upper resistance line of the channel. Manage your risk!
SOLUSDT → Correction amid a strong bullish trend BINANCE:SOLUSDT , after updating its next high, formed a false breakout of local resistance and returned to the trading range as part of a correction. What to expect from altcoin?
The main driver of the crypto market, Bitcoin, is consolidating above 115K and facing fairly strong resistance at 117400. Earlier, the price completed a downward correction. The market is dominated by a positive technical and fundamental background.
SOL looks stronger than Bitcoin and is testing new highs...
The price of SOLANA is forming a false breakout of resistance and is entering a correction phase amid a bullish trend. As part of the correction, the price may test the local imbalance zone and the key liquidity level of 242.5.
Resistance levels: 244, 249.2, 253.5
Support levels: 242.5, 239, 231.5
Technically, the price may form a false breakdown of the nearest zone of interest at 242.5, and if the bulls manage to keep the price above the resistance zone of 242.5-244.0 after this maneuver, the coin may return to an upward movement. However, if this does not happen, I would wait for a retest of the 239.0 zone, where the trend support line is located. The medium- and long-term outlook for SOL is positive, and the price is highly likely to test the ATH 295.0.
Best regards, R. Linda!
Bitcoin will break resistance level and continue to move upHello traders, I want share with you my opinion about Bitcoin. The market dynamic for Bitcoin has undergone a significant shift, with the prior bearish trend being invalidated by a strong breakout from a downward channel. This reversal has established a new bullish market structure, with the price action for BTC now being methodically guided higher within a well-defined upward channel. This pattern has been confirmed by multiple rotations between its support and resistance boundaries, originating from the 108400 - 109400 buyer zone. Currently, the asset is undergoing a healthy correction after testing the upper part of the channel, and the price is now approaching a critical confluence of support. This area is defined by the ascending support line of the channel and the major horizontal 109400 support level. The primary working hypothesis is a long, trend-continuation scenario, anticipating that buyers will defend this support confluence. A confirmed bounce from this area would signal the end of the correction and the resumption of the primary upward trend. This move is expected to break through the intermediate 117500 resistance level. Therefore, the TP is logically placed at 119600, targeting the upper resistance line of the channel. Please share this idea with your friends and click Boost 🚀
Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
Bitcoin (BTC/USDT) -> MPL and QML AnalysisHello guys!
Let's analyze btc!
⚡ Trading Strategy
MPL Level: 115,000 should be tested before the price rises, so wait for confirmation here before entering long positions.
Target: The next major target for the uptrend is around 117,500.
--------------------
📈 Outlook
Bullish: If price holds above the QML, the bullish trend could continue towards 117,500.
Watch for Retest: Keep an eye on 115,000 for a possible retest before further upside.
Continuation of bullish momentum?Bitcoin (BTC/USD) is falling towards the pivot and could bounce to the 1st resistance which is an overlap resistance that aligns with the 161.8% Fibonacci extension.
Pivot: 115,494.52
1st Support: 112,962.02
1st Resistance: 118,235.69
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
$MSTR Falling Below the 50WMA in 2021 Bull Market Here's a look at last cycle where NASDAQ:MSTR trading under the 50WMA for several weeks led to the CRYPTOCAP:BTC bear market.
The reason why this was so significant last cycle is because they were responsible for such a large share of BTC buy pressure.
This cycle we have lots of other treasury companies, with many more to come, as well as ETFs of course, so I'm not as concerned with this PA.
$MSTR Must Close This Week Above the 50WMA Or Else...The MicroStrategy chart is the only top signal that is somewhat cause for concern at the current moment.
You can see NASDAQ:MSTR has closed the past several weeks below the 50WMA, which signaled the start of the bear market last cycle.
Having said that, it has had a bullish rally this week and is trading above the 50WMA once again.
MSTR must close the week above this level, otherwise the stock could be in for a much deeper correction, which could negatively affect CRYPTOCAP:BTC in October.
Where have you heard that October prediction before?
Coincidence? 🥸
Btc is Bullish - it approaches an end of a historical timelineOn Sept 3rd I had suggested that Btc had bottomed and would bounce into one of my 3 targets. As anticipated Btc has now hit the top of target 2 (T2).
More importantly, I suggested Btc would bounce to these targets within 1-2 weeks ("18 days max"). Meaning based on a the patterns involving 3 red weeks down, Btc always sees the bounce end by day 18 or sooner...then retraces (often below the previous low -ie $117K).
Yet we are now at day 18 and Btc is not showing signs of a retracement. If Btc does not begin it's retrace today, then this is very bullish for Btc and the altcoin market. I am cautiously bullish as my bias has changed as a result of this new data. We must learn to pivot our trading strategies as price action unfolds. But being able to apply strategies to anticipate price action, helps us to know immediately when our trade ideas are being invalidated. It appears we possibly have an invalidation and I am shifting my approach accordingly.
Btc to the moon. Let's go!
ARB Swing Trade Setup – Retest of Major Support ZoneArbitrum (ARB) recently posted a 64%+ rally, but has now pulled back into a key support zone between $0.50 and $0.5250. This area marks previous breakout levels and could serve as a strong base for the next bullish leg.
Despite the short-term retracement, ARB maintains a bullish structure. If this support holds, the current dip could offer an attractive risk-reward setup for swing traders. A bounce here aligns with the broader market sentiment and prior accumulation zones.
🔹 Trade Setup:
• Entry Zone: $0.50 – $0.5250
• Take Profit Targets:
🥇 $0.68 – $0.82
🥈 $0.95 – $1.20
• Stop Loss: Daily close below $0.46
CEP xxi 21Here's what I would like to see from a near term bullish perspective. I would like to see that the $18 range was the bottom at least for now and that we begin going back up and reclaiming some of these important levels. For a longer-term belief in the move, I would like it to have a somewhat healthy structure like this with the levels rather than a huge pop and then drop and then back to questioning lows.
AI ANALYSIS🔮#AI Analysis 💰💰
#AI is trading in a symmetrical triangle in a weekly time frame and if it breakouts with high volume then we can see a bullish momentum in #AI. Before that we will see little bit bearish movement .
🔖 Current Price: $0.1490
⏳ Target Price: $0.2100
⁉️ What to do?
- We can trade according to the chart and make some profits in #AI. Keep your eyes on the chart, observe trading volume and stay accustom to market moves.💲💲
#AI #Cryptocurrency #Pump #DYOR
CEP daily #cep $cep xxi 21On the larger time frames like daily and weekly we definitely have a downward trend we are fighting. With fresh launch IPO stocks, it can take some time to get better lines and ranges that end up truly mattering but for now this is what we are looking at.
I've given you some levels to watch for reactions at and see if and when we get through them which ones show up as relevant for retests and or flows and volume later but until then this is the best we have to work with.
for people looking to trade shorter term moves and day trade this and or short-term swings or weekly moves I'll begin adding in some follow-ups on lower time frames.
Technical Analysis Report: Solana (SOL/USDT)Current Price: ~$248
Solana is currently trading within a bullish ascending channel on the daily timeframe. The overall mid-term trend remains positive, supported by higher highs and higher lows.
🔑 Key Levels
Support Zones:
$220 → psychological support and trendline retest
$200 → major structural support (critical level)
$180 → strong support in case of a deeper correction
Resistance Zones:
$290 → short-term resistance and potential rejection area
$370 → upper boundary of the channel and main bullish target
📈 Possible Scenario
Price may extend its rally toward $290.
A corrective pullback to the $250–260 range could follow.
If momentum holds, the next bullish target lies around $370 at the channel top.
⚠️ Risk Notes
As long as SOL holds above $200, the bullish trend remains intact.
Losing the $200 support could trigger a decline toward $180.
Risk management and stop-loss placement are essential due to possible short-term volatility.
📌 Summary
Solana maintains a bullish outlook while trading inside its ascending channel. The medium-term upside targets stand at $290 and $370, with key supports at $220–200. Short-term corrections are possible, but the overall structure favors further upside as long as $200 holds.
AERO Swing Trade Setup – Support Zone Reload?AERO has delivered an impressive 125%+ rally, but after such a strong move, it’s natural to see some consolidation. Price has now pulled back into a major support zone, where we’re watching for signs of strength and a possible continuation of the broader uptrend.
Despite the pullback, the overall bullish structure remains intact. This zone has held previously and could offer a strong bounce if bulls reclaim control. If momentum returns, this setup offers a favorable risk-to-reward ratio for swing traders.
🔹 Trade Setup
• Entry Zone: $1.25 – $1.34
• Take Profit Targets:
🥇 $1.55 – $1.65
🥈 $1.75 – $1.85
• Stop Loss: Daily close below $1.23
TIA Swing Long OpportunityTIA Swing Long Opportunity
📊 Market Sentiment
Market sentiment is bullish, fueled by the FED restarting rate cuts. We’ve seen a 0.25 BPS cut in September, with expectations for two more consecutive 0.25 cuts in the coming months. In addition, institutional liquidity flow into crypto has increased as the US officially adopted crypto as part of its international reserves. While inflation remains elevated, a weakening labor market is forcing the FED to ease policy, pushing liquid capital into risk-on markets.
📈 Technical Analysis
Price created a Daily Demand Zone at $1.70 and bounced, confirming its validity.
Price also broke the bearish trendline and closed multiple candles above, signaling further upside potential toward higher liquidity targets.
📌 Game Plan
I already entered the position after rejection at $1.70 and will manage it as a swing setup, targeting highs around $3 — a potential 70% expansion.
🎯 Setup Trigger
Validation came from the rejection at $1.70.
📋 Trade Management
Stoploss: Daily close below $1.30
Target: $3 (Potential 70% expansion)
💬 Like, follow, and comment if you find this setup valuable!
⚠️ Disclaimer: This content is for informational and educational purposes only and does not constitute financial, investment, or trading advice. Always DYOR before making any financial decisions.
BITCOIN Bullish Bias! Buy!
Hello,Traders!
BITCOIN is trading in an
Uptrend and the coin broke
The key horizontal level
Of 117k$ so we are
Bullish biased and we
Will be expecting a
Further local move up
Buy!
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