Double Top or Bottom
ETH/USD – 30m | Descending Trendline Rejection & Critical RetestBITSTAMP:ETHUSD
Structure | Trend | Key Reaction Zones
ETH is facing heavy rejection from the descending trendline and showing lower highs (LH). Critical support zones are holding buyers for now, but momentum is tilted bearish.
Market Overview
After a sharp liquidity grab near 4490–4500, ETH rejected strongly from major resistance. Price is now retesting critical support zones, and sentiment suggests sellers remain active. Bears are in control unless support breaks or bulls reclaim higher levels.
Key Scenarios
✅ Bullish Case 🚀 → Break above 4362–4380 may extend recovery towards 🎯 4435 and 🎯 4490.
❌ Bearish Case 📉 → Failure at 4300 support may extend downside towards 🎯 4260 and 🎯 4215.
Current Levels to Watch
Resistance 🔴: 4362 / 4437 / 4490
Support 🟢: 4300 / 4260 / 4215
⚠️ Disclaimer: For educational purposes only. Not financial advice.
Interesting price action out of the Nasdaq 100Following the Nasdaq 100's rebound from the 50-day SMA at 23,143 on Tuesday, this has delivered two potential bullish scenarios worthy of being added to the watchlist.
First is a potential double-bottom pattern at 22,958, with a neckline calling for attention at 23,741. A breakout north of the neckline sheds light on the Stock Index potentially refreshing all-time highs beyond the current record of 23,969 (13 August).
Second is a possible morning star bullish candlestick pattern formed from the mentioned 50-day SMA. As a note, traders tend to attack this pattern’s structure by placing buy-stop orders above the pattern’s high (third candle in the formation) and positioning protective stop-loss orders beneath the pattern’s low.
Written by FP Markets Chief Market Analyst Aaron Hill
HBAR - bullish structure daily & Monthly!🟢 #HBAR - Price Analysis
🔼 Possible Ascending Triangle on monthly (see last chart!)
🟣 Weekly structure looks healthy, clean 50% fib retest at $0.2100
⚡️ Technically:
Bull flag in play if support holds here!
Possible next leg up loading 📈
Watching for a retest of the monthly resistance (triangle zone)
Short Term:
→ Neutral zone: $0.2250 – $0.2100
→ Big upward move possible on resistance break.
→ Risk: Daily close under $0.2100 would flip momentum bearish!
💡 Keep an eye on the upper daily trendline!
HTF Resistances: $0.2680 | $0.2700 - $0.2900 - $0.400
Key zones all mapped out on my charts 👀
BTCUSD 4H Chart Analysis: Potential Reversal and Key LevelsBTCUSD 4H Chart Analysis: Potential Reversal and Key Levels
Prior Bearish Dominance: BTC was in a significant bearish move from mid-August, dropping from highs around 123K and forming a clear descending channel (red shaded area). This bearish trend was identified as "still in control," with caution advised for price action near the 114K level, which acted as a resistance point for much of the late August period.
Double Bottom Reversal: A crucial bullish reversal pattern, a "Double Bottom" (or W-pattern), has formed at the end of August, with bottoms around the 107K-108K level. This pattern signals a potential exhaustion of the downtrend and a shift in momentum towards the upside, establishing "Latest Support 108K."
Critical Support & Breakout: Following the Double Bottom, the price has broken above its neckline, establishing "Current Support Near 110K." This 110K level is identified as a key breakout point for the W-pattern. Trade near this trendline support and the 110K W-pattern breakout level is well-aligned with the chart’s indication of a nascent up-trend and strong support. The market is currently trading just above this support.
Upcoming Resistance & Targets: The immediate hurdle for BTC is "Current Resistance 114K." A successful break and sustain above this level would confirm stronger bullish momentum. The chart projects further upside towards the "118K to 120K level," which is highlighted as a significant area to be watchful of, representing a previous resistance zone from mid-August.
Disclaimer:
The information provided in this chart is for educational and informational purposes only and should not be considered as investment advice. Trading and investing involve substantial risk and are not suitable for every investor. You should carefully consider your financial situation and consult with a financial advisor before making any investment decisions. The creator of this chart does not guarantee any specific outcome or profit and is not responsible for any losses incurred as a result of using this information. Past performance is not indicative of future results. Use this information at your own risk. This chart has been created for my own improvement in Trading and Investment Analysis. Please do your own analysis before any investments.
#PYTH - potential double bottom & key retest EURONEXT:PYTH - update:
Short term = bearish momentum but;
I'm pretty sure that another bottom is going to be see around the current zone here.
Another leg up toward 0.300$ could happen next 📈
Lower key demand zone 0.1400 - 0.1450$
What's your point of view on this one? 👀
BTCUSDT 4H Update The last dip triggered massive long liquidations and tapped into parts of the green demand zone. Currently, a potential **W-pattern / double bottom** is forming while price is holding above **110K** – an initial bullish signal.
🔑 **Key Levels**
* **Resistance:** 113.465 – 114.416 \$ (Breakout Zone) | 116.834 \$ (CME Gap) | 118 – 120K (Major Short-Liq Zone)
* **Support:** 107.2K | 104 – 102K (200 EMA Daily + CPR S1)
📊 **Conclusion:**
As long as BTC holds above **110K**, the chance of a sustainable breakout remains. A confirmed trend reversal would only be validated above **113.5K**, opening the way towards **116–118K**. Below **107K**, the risk increases for a retest of the **104–102K** support range.
Sell on resistance level- USDINRBased upon assumptions.
1. FED will soon be cutting interest rates.
2. Will be selling on resistance, taking a chance.
3. No clear TP, assuming it will bounce from resistance and and i will manage after entry. As high chance that seller will enter at the resistance level
XAUUSD (12H) – Bulls Driving Momentum, Testing Supply |ATHFOREXCOM:XAUUSD
Structure | Trend | Key Reaction Zones
Gold has completed multiple liquidity sweeps, defended key demand zones, and now surged into 3,531 supply resistance. Bulls are in control, but the next move depends on rejection or breakout confirmation.
Market Overview
After weeks of sideways trading and repeated liquidity grabs, XAUUSD has shown strong buyer dominance with demand zones around 3,314 – 3,393 holding firm. Current bullish impulse is testing overhead supply at 3,531. This zone will decide if momentum continues or if a pullback occurs.
Key Scenarios
✅ Bullish Case 🚀 →
🎯 Target 1: 3,580
🎯 Target 2: 3,620
🎯 Extended: 3,700+
❌ Bearish Case 📉 →
🎯 Downside Target 1: 3,437
🎯 Downside Target 2: 3,393
🎯 Extended: 3,314 – 3,126
Current Levels to Watch
Resistance 🔴: 3,531 – 3,580
Support 🟢: 3,437 – 3,393 – 3,314
⚠️ Disclaimer: This analysis is for educational purposes only. Not financial advice.
USDCAD: Pullback From SupportThere is a strong likelihood that the 📈USDCAD will experience a pullback from the support level.
This expectation is reinforced by the formation of a double bottom pattern on the 4-hour time frame, along with a breakout above the neckline of that pattern.
If this bullish momentum continues, the target for the upward movement is set at 1.3833.
AVAX on Thin Ice: Is a Major Breakdown About to Start?Yello Paradisers, are you seeing what’s happening on AVAX right now? The chart is flashing multiple warning signals that could trigger a heavy downside move if bulls don’t step in quickly.
💎 Currently, AVAXUSDT has formed a clear double top pattern, backed by bearish divergences across RSI, MACD, and Stoch RSI. When all three indicators align in this way, the probability of a bearish continuation increases significantly, and ignoring these signals could prove costly.
💎 For aggressive traders, even entering from the current levels could still offer a decent 1:1 risk-to-reward ratio. However, for those taking a safer and more disciplined approach, it is far better to wait for a pullback into resistance and then watch for a bearish candlestick confirmation before committing. This method not only increases the probability of success but also improves the overall risk-to-reward setup.
💎 That being said, there is one clear invalidation point. If price breaks out and closes above the resistance zone, the bearish outlook will be completely canceled. In that case, the smarter move is to remain patient and wait for new price action to form rather than forcing a trade.
🎖Remember, Paradisers, patience and discipline always pay off in the long run. Chasing every setup is what gamblers do—waiting only for the highest probability confirmations is what separates true professionals from the crowd.
MyCryptoParadise
iFeel the success🌴
EURUSD (1H) – Rising Channel, Bullish Structure HoldingFOREXCOM:EURUSD
Structure | Trend | Key Reaction Zones
EURUSD is respecting a rising channel with consistent HHs and HLs. Price is currently above 1.1693 key support, testing the mid-level of the channel.
Market Overview
The pair is building a bullish structure with higher lows and strong impulsive moves from the 1.1629 demand zone. As long as price holds above the 1.1693 key support, momentum favors upside continuation toward 1.1742. A break below 1.1693 would weaken the bullish bias and open room for a corrective pullback toward lower supports.
Key Scenarios
✅ Bullish Case 🚀 →
🎯 Target 1: 1.1720
🎯 Target 2: 1.1742 (Major Resistance)
❌ Bearish Case 📉 →
🎯 Downside Target 1: 1.1682
🎯 Downside Target 2: 1.1666
Current Levels to Watch
Resistance 🔴: 1.1720 → 1.1742
Support 🟢: 1.1693 → 1.1682
⚠️ Disclaimer: This analysis is for educational purposes only. Not financial advice.
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.
ITC at strong support zone. A good opportunity for accumulation.ITC Chart Update (Weekly & 4H Timeframe)
On the weekly chart, ITC is moving within a well-defined parallel channel, with immediate support in the 385–400 zone. A breakdown below this zone could take the stock towards the next strong support near 300.
On the 4-hour chart, ITC is forming a falling channel, with support also placed around the 390–400 zone. If this level holds, we may witness a potential upside move in ITC.
Conclusion: The 390–400 zone will play a decisive role. Sustaining above it may trigger an upward move, while a breakdown could extend weakness towards lower levels.