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Bitcoin: A 3 Drives Pattern Signals a Potential Market ReversalBITSTAMP:BTCUSD Bitcoin’s continues to capture the attention as it unfolds into a potentially critical technical formation. The chart suggests that a 3 Drives Pattern — a classic reversal structure — is taking shape, suggesting that the current bullish cycle may be approaching exhaustion. If this pattern completes, the projected move could lead Bitcoin down toward the $50,000 region, implying a 50% price correction from current levels. This pattern is strengthened by bearish divergences on the Relative Strength Index (RSI), which reveal a gradual weakening of buying momentum even as prices have continued to set new highs. Such divergence often precedes significant retracements, signaling that the underlying strength of the uptrend may be fading. A clearer confirmation of short-term weakness emerges through a double top formation, with its neckline currently being tested around $107,270 . A confirmed breakdown below this level would favor a correction of roughly 14% , targeting the $93,000 zone. This move could mark the early stage of a broader bearish sequence consistent with the 3 Drives Pattern, potentially setting the tone for a larger downside continuation. The convergence of these multiple signals — the 3 Drives Pattern, the double top, and the RSI divergence — collectively reinforces the notion that bullish momentum is fading and that the market may be transitioning into a reversal phase. Happy Trading, André
BITSTAMP:BTCUSDShort
by Andre_Cardoso
$BTC Double Top - Business Cycle & Global Liquidity Analysis TWIN PEAKS 🎄🌲 How the Business Cycle Supercharges Liquidity (and Crushes Cycles Many of you may remember my BTC cycle thesis I wrote ~1.5 years ago. It was based solely on technical analysis covering previous cycles and did not take into account macro conditions such as global liquidity and the business cycle. While that has been a guiding light to get me to this point, after further macro analysis, my views have changed a bit. Based on my technical analysis, a price target north of $200k remains for CRYPTOCAP:BTC , but I now believe we will see some sort of a DOUBLE TOP like we did in 2021; this time in mid-December 2025 and late-March / early April 2026. The December 2025 top will fulfill the “4-Year Cycle prophecy” which has been fueled by the current boom in global liquidity. Whereas the March / April 2026 top will come from a booming business cycle (measured by the ISM PMI); something we have yet to see. As you can see in the 2017 and 2021 cycles, the business cycle cues Alt Season. I don’t think we see a real one without it. That’s where people spend the money they made through safer assets such as Gold > Stonks > ₿itcoin etc. We saw Altcoins, NFTs, Sports Cards, Sneakers, Watches, Collectibles etc go parabolic during this time in 2021. And it just so happened that the market for a lot of these high-risk assets topped around that time. Here's a link to a Michael Jordan rookie card in PSA 9 condition that peaked around February 2021 right before the business cycle topped. www.psacard.com I think Altcoins went on for a bit longer after the business cycle topped because they were native on-chain and had less friction to transact (crime season anyone?). NFTs saw sustained speculation because of the novelty and innovation they were bringing to the space. NFTs should act more like traditional risk assets this time around, and top slightly after the business cycle. THE FURTHER WE ARE IN THE BUSINESS CYCLE, THE FASTER LIQUIDITY REACHES RISK ASSETS. Think about it… everyone and their mother are making a ton of money from a booming business cycle ie hairdressers, uber drivers, personal trainers etc and dumb money finds high-risk assets near instantly. We see this with an uptick in google searches, youtube views etc. This is why global liquidity with a 10-12 week lead overshoots cycle tops in the past. An immense amount of Global QE in 2021 created an outlier for a continued pump in liquidity, even after the business cycle topped. Then in the bear market, liquidity deviates from risk assets again as money moves back to safe havens first such as GOLD, which is a near 1:1 injection, and we see ₿itcoin lag by 10-12 weeks. We should continue to see large caps do well for the remainder of the year as money slowly rotates out of BTC into ETH, SOL, BNB etc, but small caps don’t start to outperform until the business cycle starts convincingly rising well above 50. Alternative investments such as sports cards are starting to see a similar rotation. Michael Jordan is the ₿itcoin of sports cards, and many of his cards are well above 2021 all-time highs. Other high-end cards from GOATs such as Tom Brady, Mickey Mantle, Wayne Gretzky etc continue to shatter prior records. NFTs are also starting to see a resurgence with high-end collections such as Crypto Punks, X-Copy etc. I’m not completely sure if the first or second top will be higher for CRYPTOCAP:BTC yet, but I’m leaning towards the first one in December. The aforementioned riskier assets should get the lion’s share of business cycle capital in March / April. At this nexus we will see the Treasury General Account refill suck liquidity out of markets due to tax season. TGA refills have marked previous tops in 2017 and 2021, so I see no reason for this time to be different. Yes, this will be a much shorter business cycle, which is caused by a historic amount of money printing during the pandemic. The outcome left the US economy in a high-inflation / high-interest rate environment. The business cycle represents Main Street, and it is clear that the aftermath of the pandemic has crushed middle and lower income households. ~FIN~ JK POST REFERENCES: -The 4-Year Boom and Bust Cycle is by design -Synchronized Bear Market Bottoms -If you want to dive deeper into the current macro landscape, you should definitely read the playbook I wrote ~10 months ago. It’s been playing out near-perfectly.
CRYPTOCAP:BTCLong
by jonnieking
4
Gold breaks records and tops out: Where next?Gold achieved a historic breakthrough to $3,759 per ounce, potentially driven by an unusual "barbell strategy" where investors simultaneously bought risk assets while hedging against systemic risks. On the one hand, continued expectations for two additional rate cuts by year-end supported non-yielding assets. On the other hand, political uncertainty increases as Trump prepares to meet with lawmakers on funding proposals. The probability of a Gov shutdown approaches 70% by October 1st, which would force the FOMC into a 'blind' meeting in October. Technicals The short-term setup shows a double top formation at $3,759, suggesting potential consolidation rather than immediate continuation. Resistance Levels : $3,800 is a critical resistance, both a Fibonacci extension cluster and a psychological level Support Levels : Immediate support at $3,740 (breakout confirmation level) Secondary support at $3,700-$3,730 (previous consolidation zone) Deeper pullback potential to $3,673 (61.8% Fibonacci retracement) Wave Structure : Elliott waves suggest completion of a potential Wave 3, with consolidation expected before a possible fifth wave extension toward $3,785-$3,800 Forward Outlook The setup favours consolidation over the remainder of the week, with key events including Fed Chair Powell's speech and Friday's PCE inflation data serving as potential catalysts for the next directional move. The momentum divergences suggest limited downside risk from current levels, making any pullback toward $3,700-$3,740 a potential buying opportunity for the anticipated final leg higher toward the $3,800 resistance zone. Risk management remains crucial given the proximity to potential reversal levels and the unusual nature of gold's correlation with equity strength. This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
THINKMARKETS:XAUUSDLong
by ThinkMarkets
Double Top formation on AUDCAD - Risky, okay?Price made a strong rally on AUDCAD, climbing aggressively. But now, we’re spotting a possible Double Top formation, two peaks at roughly the same level. At first glance, this looks like a bearish setup. But here’s the caution: in the context of such a powerful uptrend, a Double Top can be tricky. Sometimes, it’s just a pause before buyers push even higher. We can say that the neckline broke rather cleanly, with strong confirmation, but I don't see that much conviction yet from the sellers. Buyers could come back, and the uptrend continues. This is what makes it risky. Above, there’s a strong resistance zone, and that’s exactly where price could be heading next. So, don’t jump in too early. Because fading a strong trend is always risky business… or should I say risky biscuit?
Short
by TrendDiva
15
XAUUSD Bears Hold the Line at 3650 zone – Next Stop 3570?In yesterday’s analysis, I mentioned that in my view, OANDA:XAUUSD ’s correction is not yet complete and that we could be inside an unfolding ABC-type structure. I also suggested that the 3650 zone should be the main focus for bears. Indeed, price rallied into that zone, consolidated in a small distribution phase, and then started to roll back down again. At the time of writing, gold is trading at 3632, after retesting the 3623 recent low, which now acts as short-term support. Looking forward, my idea remains unchanged: I expect another leg down, with 3570 as the next major target. For now, the 3650–3660 area acts as a strong ceiling, and if we look closely, one could even argue a potential double top is forming—if we discount the 3674 spike that marked the ATH. On the other hand, a stabilization above 3660 would invalidate this bearish scenario and open the door for a new ATH. 🚀
OANDA:XAUUSDShort
by Mihai_Iacob
20
Looking for Zuari's Golden Zone - Fib RetracementZuari's fib retracement on the daily chart on the run up from 200 to 390 shows a clear pullback to 38.2% followed by a failed attempt to break 100% in a seeming double top formation around 390, invalidating immediate bullish momentum. Daily Macd and RSI look weak with bearish divergences forming against PA, denoted with green brush lines showing both indicators with lower highs against price's equal high. A retest of the golden zone (61.8% to 78.6%) puts us between roughly 240 and 275, which should offer a high probability zone for accumulation and eventually a bounce. Look out for confluences of major fib levels with 1d 50ma, 99ma and 200ma. 61.8% also has a horizontal confluence with the Dec 3rd peak, and 78.6% has horizontal confluence with April 24th peak, also potentially infleuntial to support levels.
NSE:ZUARI
by Crabdabs
2
BTCUSD – Bearish Trend ? Hello traders! Let’s take a closer look at BITSTAMP:BTCUSD ! Recently, we’re seeing clear signs of a potential reversal after BTCUSD formed a double top pattern, and the EMA 34 and EMA 89 have crossed each other. Breaking the support level around the previous key zone has strengthened the bearish momentum, potentially triggering a further decline towards the next support level near 103,500 USD. However, I’m also watching for possible reversal signals at these support levels. If BTCUSD holds above 103,500 USD and forms a higher low, we may see the bulls make a comeback. 🔴 Key Levels to Watch: Resistance: 114,000 USD Support: 103,500 USD EMA Crossover: Strong Bearish Signal Stay alert and be ready for potential market shifts! Will the bulls step in at 103,500 USD? Or will the bears continue to dominate? Let me know your thoughts and happy trading!
BITSTAMP:BTCUSD
by Kevinn_Nguyen
18
Common Patterns, Win Up to 80% ? Hello everyone, if you're struggling to identify price zones, entry points, or simply want to predict the trend of any currency pair, then this article is for you. Continuing from the previous section, today we’ll cover some popular bearish reversal patterns. These patterns have been tested and trusted by many traders, and they can increase the probability of winning for any currency pair up to 80%. Let's get started: First pattern: DOUBLE TOP The double top pattern is a highly bearish pattern, formed after the price hits a high twice consecutively. Once support is confirmed to be broken, we can make a decision to sell. Second pattern: DESCENDING TRIANGLE The descending triangle is a bearish pattern characterized by a downward-sloping upper trendline and a flat lower trendline that acts as support. This pattern indicates that the sellers are more aggressive than the buyers, as the price continues to form lower highs. The pattern is complete when the price breaks out of the triangle in the direction of the prevailing trend. 3. HEAD AND SHOULDERS This is a specific chart pattern that predicts a change from an uptrend to a downtrend. The pattern appears as a baseline with three peaks, where the two outer peaks are of nearly equal height, and the middle peak is the highest. The head and shoulders pattern is considered one of the most reliable trend reversal patterns . 4. PRICE CHANNEL The term "price channel" refers to a signal that appears on the chart when the price of a currency pair is bounded between two parallel lines. Price channel patterns are quite useful for identifying breakouts, which occur when the price moves beyond either the upper or lower trendline of the channel. Traders can sell when the price approaches the upper trendline of the price channel and buy when the price tests the lower trendline. 5.TRIPLE TOP REVERSE The Triple Top pattern typically signals a reversal from an uptrend to a downtrend. Similar to the Double Top pattern, the Triple Top can occur on any timeframe, but for it to be considered a valid Triple Top, it must occur after an uptrend. And those are some common bearish patterns. Remember to keep them in mind and apply them regularly. You’ll definitely succeed. If you’ve understood all the patterns, don’t forget to like the post🚀. If you need any explanations about anything, feel free to leave a comment below. 👇 The next sections will definitely be even more exciting, so stay tuned for the upcoming guides. Good luck!
OANDA:XAUUSDEducation
by Kevinn_Nguyen
13
NEAR USDT Double Top Pattern in PlayNEAR USDT Double Top Pattern in Play On the daily chart, NEAR/USDT has formed a clear double top pattern. Alongside this, a bearish divergence has also developed, suggesting weakness in upward momentum. At the moment, price is sitting near the key support zone around 2.3. Support at 2.3 and the Bounce Possibility If NEAR manages to hold this 2.3 support, a bounce could follow toward the 2.85 resistance area. This zone will act as a critical decision point. A rejection here would likely confirm the double top pattern and bring back selling pressure. Break of 2.3 Could Lead to 1.8 Retest On the flip side, if the 2.3 support fails, the double top comes into full effect, and NEAR could slide further down to the 1.8 area, where it has found strong support in the past. Until then, the focus remains on whether the current bounce can push through 2.85 or not.
by crypto_vulture_signals
TOTAL3 double top with bearish divergenceThe TOTAL3 (altcoin market cap excluding BTC & ETH) has now climbed back to the $1T zone, almost testing its previous highs. But if we look closer, the chart is flashing a clear bearish divergence alongside a double top (M-pattern) structure. Here’s the key takeaway: If the pattern plays out, 950B support becomes the crucial line to watch. A bounce at 950B could just be a healthy correction from the bearish divergence. But if 950B breaks, the next strong support sits near 786B. That zone could open doors for fresh altcoin accumulation opportunities. On the other hand, for those already holding, this level can also be considered a final profit-taking area before a deeper correction sets in. Overall, the chart suggests the altcoin market is due for correction, especially with Bitcoin dominance on the rise. Patience and risk management are key here.
CRYPTOCAP:TOTAL3Short
by crypto_vulture_signals
Bitcoin double top hints at deeper correction aheadIf we take a close look at Bitcoin on the daily timeframe, it’s shaping up into a clear double top pattern. Alongside this, there’s a strong bearish divergence that’s hard to ignore. The key level right now is around $112,000—if BTC loses that support, the double top comes into play, and the market could see a sharper correction. The immediate downside target would be around the $100,000–$101,500 zone, where buyers may attempt to step in. Below that, the stronger support sits near $98,000, and this level could decide whether BTC simply pulls back or actually transitions into a broader bearish cycle. If $98K gives way, we’re not just talking about a correction anymore—we could be looking at the start of a recession-like market cycle. On the flip side, if BTC manages to hold $112K and bounce, we may see higher levels tested again before any larger trend shift. So right now, the market is in a decision zone where the next few moves are crucial.
BITSTAMP:BTCUSDShort
by crypto_vulture_signals
Double Top (1h)TOTAL3ESBTC has formed and confirmed a textbook double top, with peaks near 0.347821 and a neckline at 0.336428 . The measured move projects a downside target of approximately 0.3250 , aligning closely with prior horizontal support. Today’s hotter-than-expected PPI report adds macro pressure to an already bearish technical setup, potentially accelerating the move toward the target. Key Points : Pattern : Double top Top : 0.347821 Neckline : 0.336428 Target : 0.3250 ( measured move ) Invalidation : if price reclaims and holds above 0.336428 Trade Considerations : Aggressive traders may already be short from the breakdown Conservative traders could wait for a neckline retest and rejection before entry Monitor volume behavior to confirm momentum Disclaimer : This is not financial advice. Always do your own research before trading.
CRYPTOCAP:TOTAL3ESBTCShort
by jsd303
EUR/JPY – Double Top with RSI Divergence (Bearish Setup)Technical Analysis (Short Trade Idea) EUR/JPY is forming a textbook double top pattern with notable bearish signals: First top: 173.242 S econd top: 173.111 (lower high, indicating weakening bullish pressure) Neckline: 171.650 – key support level, potential breakdown trigger RSI divergence: Bearish divergence observed as RSI prints lower highs while price forms nearly equal tops, signaling momentum loss This structure suggests a potential reversal from recent highs. A short opportunity may arise if price breaks below the neckline at 171.650 with confirmation. Trade Setup Sell Stop: 171.650 Stop Loss: 173.148 Take Profit 1: 170.180 Take Profit 2: 168.642
Short
by fahadfarooq54
2
$Eth Faces Double Top Resistance with Bearish RSI DivergenceETH/USDT | 4H Analysis Ethereum is currently showing signs of weakness on the 4H chart, forming a potential double top pattern around the $3,700-$3,680 range. Adding to this, the RSI is exhibiting bearish divergence, suggesting that bullish momentum is fading. There's a visible liquidity gap between $3,200–$3,180, which might act as a magnet in the short term. A retest of this zone is likely before ETH attempts to resume its upward move. Key Observations: 🟠 Double top structure on 4H chart 🔻 Bearish RSI divergence 🕳️ Favorable gap: $3,200 – $3,180 🔁 Watch for price reaction after retest ⚠️ If ETH holds the $3,180 support after filling the gap, a bullish bounce toward higher levels could follow. 📌 This idea is for educational purposes. Trade wisely with proper risk management.
BITSTAMP:ETHUSD
by crypto_vulture_signals
1