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Descending Triangle

NZDJPY → A false breakout of resistance will trigger a declineFX:NZDJPY entered a correction phase after a sharp decline. The main trend is downward, with a countertrend movement aimed at consolidating potential before further decline. A countertrend correction is forming against the backdrop of the main downward trend. The current movement may be aimed at hunting for liquidity before continuing its movement. Focus on the resistance zone at 86.67 The currency pair is trading below key resistance within the global downtrend. As part of the correction, the price may test 86.67 - 87.10 before continuing the main trend. Resistance levels: 86.67, 86.97, 97.11 Support levels: 85.97, 85.6 If a false breakout of the key zone of interest forms during the correction without the possibility of continuing growth, we will receive confirmation that the market is ready to move down. Consolidation below the level may trigger a downward impulse. Best regards, R. Linda!
Short
by RLinda
6
AVAX/USDT – Major Breakout on the Daily Timeframe!AVAX has finally broken out from its long-term descending trendline, signaling the potential start of a powerful bullish move. Let’s break down the setup: 🔎 Chart Analysis: Pattern: Falling Wedge on the Daily timeframe. Breakout Zone: Price has successfully closed above the resistance trendline around $25–26. Support Zone: Strong accumulation support around $24–26 🎯 Trade Setup: Entry Zone: $24–26 (current breakout retest levels) Targets: TP1: $35 TP2: $48 TP3: $60+ Stop Loss: $21 (below wedge & accumulation box) 📊 Risk/Reward: R/R ratio: ~5:1 High conviction setup with breakout confirmation. ⚡ Key Takeaway: If AVAX holds above the breakout zone, it could deliver a 2x–3x run in this cycle. Watch closely for volume confirmation on daily candles to strengthen the breakout signal. 🔥 Conclusion: AVAX looks primed for a strong bullish rally after months of consolidation. Accumulation zones are done — breakout traders could be rewarded big here!
Long
by CoreCrypto1
LDOUSDT → Hunting for liquidity ahead of a declineBINANCE:LDOUSDT.P , having failed to reach the zone of interest 1.250 - 1.233, has entered a phase of local rally or manipulation before a possible decline aimed at consolidating potential before long-term growth. Bitcoin looks weak and, after a correction, may continue to fall to the coveted target of 112 - 110K. After a strong pump, LDO has been falling for two weeks in a dump phase. In the long term, the market may test 1/2 of the bullish momentum and the strong support level of 1.179 before resuming the pump to 1.62 - 1.97. Since the opening of the session, we have been observing manipulation, the goal of which is most likely the liquidity zone of 1.36 - 1.36. The situation may end with a liquidity grab, a false breakout, and a further decline with a subsequent update of the low. Resistance levels: 1.36, 1.37, 1.44 Support levels: 1.296, 1.2614, 1.2336 Technically, the price is still consolidating and intrarange trading is likely to continue. A false breakout of resistance could trigger a decline, in which case 1.26 - 1.23 could be considered a target, while a false break of 1.17 - 1.23 could trigger a global rise. Best regards, R. Linda!
Short
by RLinda
3
USDCAD → Short squeeze for further declineFX:USDCAD is forming another short squeeze relative to the global price range ahead of a possible decline within the global downtrend. After breaking through the resistance of the global trading range, USDCAD was unable to continue its upward momentum. The price returned to the range, under strong resistance, and is forming a pre-breakdown base for a possible decline. The trigger in our case is support at 1.3762. The dollar is stagnating, trading below strong resistance. A decline in the dollar could trigger a fall in USDCAD Support levels: 1.376, 1.3695, 1.3629 Resistance levels: 1.3774, 1.3809 The market structure is quite weak, both globally and locally. In addition, against the backdrop of an expected rate cut, the dollar may continue its downward global trend, which may also affect the price of the currency pair, which has formed a false breakout of resistance... Best regards, R. Linda!
Short
by RLinda
9
XRP → ATH retest. Reversal or continued growth?BINANCE:XRPUSDT.P is rallying and ready to test the resistance zone - ATH. Against this backdrop, Bitcoin is consolidating after a bull run. The liquidity pool may hold back growth. Fundamentally, there is excitement across the entire cryptocurrency market. Altcoins are rallying after Bitcoin hit a new high and entered consolidation. The BTC.D index is declining, which generally provides a good opportunity for altcoins to grow. However, the index is approaching technical support, which may affect market sentiment overall... As for XRP, there is a fairly strong liquidity pool ahead — the ATH resistance zone. The price is in a distribution phase after a change in character and a breakout of the downtrend resistance in the 2.33 zone. The momentum may exhaust its potential to break through the 3.35-3.34 zone, and growth may be halted for correction or reversal (in correlation with Bitcoin's dominance in the market). Resistance levels: 3.35-3.40 Support levels: 3.0, 2.64 A breakout of resistance without the possibility of further growth, a return of the price below the level (i.e., inside the global flat) will confirm the fact of a false breakout of resistance, which may trigger a correction or even a reversal. Best regards, R. Linda!
Long
by RLinda
9
ARTYUSDT → A breakout of resistance could trigger another rallyBYBIT:ARTYUSDT is forming a cascading bottom as part of consolidation before a possible breakout of resistance. The decline in Bitcoin's market dominance gives altcoins a chance. ( (Idea from September 29, 2024!) We previously discussed this coin before its 300% rally. The root causes of its emergence from accumulation and readiness for strong growth were correctly identified). The dump phase is coming to an end, a cascading market bottom is beginning to form, and a pre-breakout base relative to the triangle resistance is forming, which overall hints at a bullish behavior pattern. Bitcoin is currently consolidating after the rally, and the Bitcoin dominance index is declining, which generally indicates a flow of funds into altcoins. The situation is such that the altcoin market has another chance for the season. The correction across the entire market may end in the near future, and under favorable conditions (the fundamental background is strengthening, Trump has announced another important event for cryptocurrencies), the market may return to strong movements... The focus in ARTY is on the intermediate resistance at 0.1770 and the consolidation resistance at 0.2368. Consolidation above this range could trigger a rally. Resistance levels: 0.2368 Support levels: 0.1235 Technically, a few days ago, the coin tested the consolidation resistance, but the decline did not continue, which generally indicates that buyers are showing interest and holding the market. Consolidation in the near term may end with a retest of 0.1770, 0.2368, a breakout, and further growth. Best regards, R. Linda!
Long
by RLinda
3
BITCOIN → Consolidation and compression to 116K. Correction?BINANCE:BTCUSDT.P continues to consolidate, with the price testing support at 116K, leaving behind the zone of interest at 120K-121K. Are there any chances for further growth? (Alternative scenario (if growth to 120K does not occur)) Fundamentally, there is nothing particularly new, and the hype surrounding Bitcoin is stagnating. Technically, on D1, consolidation is underway with pressure from bears against the backdrop of an outflow of funds into altcoins. However, the dominance index is starting to rise, which could trigger some correction in the market. The price on the working timeframe, without updating local highs, is testing lows, and the latest retest of the liquidity zone is provoking a fairly aggressive reaction that could bring the price to retest the zone of interest at 120K-121K. But! If the price is squeezed between 116K and 0.5 Fib with a gradual squeeze towards support, the chances of a breakdown and a premature fall will increase. Support levels: 116370, 115860 Resistance levels: 119650, 120100 Technically, the market needs a breather or correction, which is generally a sign of health. The nuance with Bitcoin is that below 115860 there is no support until 112K, and if the market breaks the current consolidation boundary, the further correction could be quite deep. In the current situation, I do not yet see any drivers or reasons for another rally. Best regards, R. Linda!
Short
by RLinda
36
USDJPY → Hunting for liquidity before the fallFX:USDJPY is changing its local trend and succumbing to global pressure. The market is seeing a change in price movement following the decline in the dollar index... The trend has broken and the price movement has turned bearish. The fall in the dollar index is allowing the Japanese yen to strengthen, which is generally negative for the currency pair. The decline may continue after a slight correction. Fundamentally, the dollar is correcting amid uncertainty due to the tariff war, as well as expectations of interest rate cuts. Resistance levels: 147.20, 147.89 Support levels: 145.85, 145.23 As part of the correction, the price may test the liquidity zone of 147.7 or 0.7f. A false breakout and consolidation of the price in the selling zone may trigger a further decline in both the short and medium term. Best regards, R. Linda!
Short
by RLinda
10
$LTC READY FOR EXPLOSION! THE COMEBACK OF THE OG?Litecoin has quietly formed one of the most massive macro structures in the market — a multi-year falling wedge on the 2-week timeframe, now breaking out with early confirmation. This could be the start of a generational move, similar to the 2020 breakout. Let's break it down: 🧠 Technical Breakdown: ✅ Falling wedge forming since 2021 — 4 years of compression ✅ Volume and structure support breakout ✅ LTC already gave a 914% rally last time it broke a similar level 📏 Target zone extends above $900–$1000 🛒 Entry Zone: Current Price: $118 🟢 Buy on breakout or dips near $105–$110 for safer entries 🎯 Target Zones: TP1: $280 TP2: $400 TP3: $650 TP4: $950+ 🛑 Stop-loss: Breakdown below $72 (last higher low & wedge base) ⚖️ Risk-to-Reward: High timeframe structure = High conviction play. Potential R:R > 8x — Rare macro opportunities like this don’t come often. 🧩 Final Thoughts: LTC may not be the flashiest alt anymore, but this setup is technically undeniable. If BTC enters full bull cycle, LTC could ride the wave explosively. 🔥 This could be a "buy and forget" macro play for 6–12 months. 💬 Let me know your thoughts in the comments & hit that ❤️ if you like macro setups like these!
Long
by CoreCrypto1
NZDCHF → Pre-breakdown consolidation on a downtrendFX:NZDCHF is forming a pre-breakout consolidation amid a downtrend. Focus on support at 0.4759. Global and local trends are down... On July 10-11, the currency pair attempted to break out of the trend. In the chart, it looks like a resistance breakout, but technically it was a short squeeze aimed at accumulating liquidity before the fall. We can see that the price quickly returned back and the market is testing the low from which the trap formation began. The risk zone for the market is 0.4759 - 0.475. In simple terms, this is a bull trap against the backdrop of a downtrend. The NZD has passed through the risk zone. At this time, the currency pair is forming a pre-breakout consolidation relative to the support level of 0.4759 with the aim of continuing its decline. Support levels: 0.4759, 0.4753 Resistance levels: 0.477, 0.4782 A breakout of the 0.4759 level and consolidation in the sell zone could trigger a continuation of the decline within the main and local trends. Best regards, R. Linda!
Short
by RLinda
3
SOLANA → Pre-breakdown consolidation may lead to distributionBINANCE:SOLUSDT is declining and testing the support of the trading range as Bitcoin pauses after strong growth and enters a correction phase... SOL looks a bit weaker than Bitcoin technically, but SOLANA has some positive fundamentals, though that might not be enough. After forming a false breakout of key daily resistance, Bitcoin is moving into a correction phase. An update of local lows on the chart could trigger a drop across the entire cryptocurrency market. In SOL, the focus is on the two nearest levels of 148.75 and 145.64. A breakdown of support could trigger the distribution of accumulated energy within the specified range as part of a downward momentum. Resistance levels: 148.75, 151.2, 153.88 Support levels: 145.64, 138.59 The ideal scenario would be a false breakout of 148.75 (liquidity capture) and a retest of 145.64, followed by a break of support. Consolidation below 145.65 could trigger a drop to the zone of interest at 138.59. Best regards, R. Linda!
Short
by RLinda
6
AUDCHF AUDCHF is preparing to break through support and fallWeak market structure. Gradually declining lows and no reaction to support at 0.5211. Buyers are trying to keep the price above 0.5211, but under market pressure their strength is weakening. Relative to 0.5211, we see the formation of consolidation, which is of a “pre-breakdown” nature. Accordingly, a break below the 0.5211 support level could trigger the activation of buyers' SL orders, leading to liquidation and a downward price distribution. Potential targets include 0.518 and 0.5164.
by AndeWave
17
GOLD → Recovery and retest of resistance. DowntrendFX:XAUUSD has been recovering since the start of the session thanks to a weak dollar, but further growth is uncertain. However, the price is still below the key range and important levels. At the beginning of the week, gold rebounded from monthly lows amid a weakening US dollar, which remains under pressure due to trade disputes with Japan, uncertainty surrounding the budget, and expectations of a Fed rate cut in September. However, the technical picture for gold remains bearish, and further dynamics will depend on new statements from Fed officials, labor market data, and Jerome Powell's speech on Tuesday. Technically, after breaking through the global range support, the price is forming a correction and testing 3294. Before a possible rise to 3320 or to the 0.7 Fibonacci zone, a correction to 3271 may form, which will determine the further development of the situation. Support levels: 3271, 3255, 3245 Resistance levels: 3294, 3320, 3347 A retest of 3295 (0.5) Fibonacci is forming. There is a possibility of a false breakout with a possible correction. If, during the correction, buyers keep the price above 3271 and return to retest 3294, we will have a chance to attempt growth to 3320 - 3347 Best regards, R. Linda!
FX:XAUUSDShort
by RLinda
36
SOONUSDT → The coin that gets killed...BINANCE:SOONUSDT.P is under pressure. The coin looks extremely weak against the backdrop of a bullish market, with key support ahead, separating traders from the panic zone and a sharp decline This coin is being killed. The price is gradually consolidating and compressing before support - the trigger is 0.2332. Against the backdrop of the overall decline that the market has experienced after a slight impulse from 0.2332, shocks are forming with the aim of capturing liquidity (red check marks). This generally indicates that large players are gathering a bearish position. A breakout of the risk zone will trigger panic and distribution. Against the backdrop of growth in Bitcoin and the top 10 cryptocurrencies (bull market), the SOON coin is gradually declining and contracting towards key support, which could be broken accompanied by strong sell-offs. Resistance levels: 0.2478, 0.25777 Support levels: 0.2332 If the coin continues to contract towards the 0.2332 support and form a pre-breakdown consolidation, there will be little chance of survival. In the short and medium term, I expect prices to fall. Best regards, R. Linda!
Short
by RLinda
6
GOLD → Bear pressure. Area of interest: 3340–3306FX:XAUUSD continues to decline under pressure from sell-offs. However, the situation is interesting overall, as there is conflicting data and unexpected price behavior is surprising the market... On Tuesday, gold is trying to regain the $3,400 level after pulling back from highs, but it is still facing selling pressure and returning to $3,377. The market reaction to the $3,377 level is quite weak, and if the price starts to stick to support, this will lead to a further decline. The dollar is strengthening as a safe-haven currency, holding back gold's growth. The markets are focused on the outcome of the Fed and Bank of Japan meetings, as well as US retail sales data. Any dovish signals from the Fed could support gold and weaken the dollar. Technically, on D1, gold is returning below the 3382 level (selling zone) and testing 3377. The reaction to the false breakout of support is weak, and the price is forming a pre-breakdown consolidation relative to 3377. There are clear areas of interest that could lure the price before the news. For example, 3343, 3306, 3245. Resistance levels: 3382, 3403. Support levels: 3377, 3339, 3320 The bearish structure will be broken if the price strengthens to 3403 and consolidates above that level. This will reinforce buyers' expectations, which could lead to growth. At the moment, I would expect two scenarios: price consolidation within 3377-3403. But technically, the chart shows that there is bearish pressure in the market. The price continues to storm the support level of 3377, which may not hold up against another retest. A break 3377 could lead to a fall to the areas of interest at 3339-3306. Best regards, R. Linda!
FX:XAUUSDShort
by RLinda
21