Get started

Parallel Channel

Bitcoin at a Major Decision Zone!The daily chart shows Bitcoin trading within a well-defined ascending channel for several months and now testing its lower boundary around the $100,000–$105,000 zone — a crucial structural support that also aligns with the 50-day moving average (SMA50). Bullish Scenario: If Bitcoin holds above $100,000 and forms a bullish reversal candle, a rebound toward $120,000–$135,000 is likely. A confirmed breakout above $120,000 could trigger a new upward wave toward a fresh all-time high. Bearish Scenario: If the $100,000 support fails, the next downside targets are around $90,000 and $80,000. A confirmed breakdown below $80,000 would signal a shift to a medium-term bearish trend. Summary : The $100K zone represents the dividing line between trend continuation and a deeper correction. As long as Bitcoin stays above $90,000, the overall market structure remains bullish.
BITSTAMP:BTCUSDLong
by isahebdadi
BNB Battles the Golden Support Zone!After a powerful rally to around $1,300, BNB has entered a correction phase and is now consolidating near the key $900–$950 support zone. This area is technically significant as it aligns with the 50-day moving average (SMA50) and the upper boundary of the long-term ascending channel, which now acts as support. In the bullish scenario, if the price holds above $900 and forms a bullish reversal candle, a rebound toward $1,050–$1,200 is likely. A confirmed breakout above $1,200 could trigger the next leg higher toward $1,350–$1,400. In the bearish scenario, a confirmed breakdown below $880–$900 would likely open the door for a deeper correction toward $750–$800, aligning with the midline of the ascending channel. From a medium- to long-term perspective, as long as BNB stays above $750, the overall trend remains bullish. Summary: The $900–$950 zone acts as the dividing line between trend continuation and a medium-term correction for Binance Coin.
CRYPTO:BNBUSDLong
by isahebdadi
BTCUSD Short: Bearish Rejection Targeting $100.6K Support ZoneHello traders! Bitcoin (BTCUSD) continues to trade within a well-defined descending channel, reflecting sustained bearish pressure after the rejection from the $116,000 Supply Zone. The market previously experienced a Fibonacci Arc retracement followed by a strong sell-off, signaling exhaustion from buyers and the formation of a broader corrective structure. Currently, we have seen multiple fake breakouts on both the upper and lower boundaries of the channel, suggesting that liquidity sweeps are actively influencing volatility. Notably, price recently tapped the major Demand Zone around $100,600, a level that has historically triggered strong reactions. The sharp wick and immediate recovery from this support indicate buyer accumulation and defense of the zone. A short-term pivot point has now formed near $103,500–$104,000, marking a key decision area. If buyers hold above the $100,600–$101,000 support, a corrective move toward the upper channel boundary becomes increasingly likely. I expect Bitcoin to retest the $103,500–$105,000 Pivot Resistance Zone, which aligns with the mid-channel level and previous breakout point. If price shows rejection in this region — such as bearish candlestick patterns or weakening momentum — it would provide a favorable entry point for short positions. A break and hold below $100,600 would strengthen bearish momentum and may trigger a continuation toward $98,000. However, if the price breaks and closes above $105,200, the short setup becomes invalid, as this would signal a potential shift in structure and a move toward $110,000. Manage your risk!
BINANCE:BTCUSDShort
by heniitrading
7
BTCUSD: Falling Wedge Reversal in Play Toward 106KHello everyone, here is my breakdown of the current Bitcoin setup. Market Analysis Bitcoin (BTCUSD) has recently shown signs of recovering bullish momentum after rebounding from the 100,600–101,000 Support Zone, which has acted as a key demand region during previous tests. The market experienced a fake breakout below the wedge support line, but buyers quickly stepped back in, pushing the price back inside the structure — a classic indication of seller exhaustion and accumulation interest. Currently, BTC is trading inside a falling wedge pattern, which is typically considered a bullish reversal formation. The recent bounce from the lower boundary suggests that buyers are attempting to regain control, especially after the sharp decline from the 113,700 Resistance Zone. The price is now gradually approaching the mid-range of the wedge, signaling a potential continuation toward the upper resistance line. My Scenario & Strategy If Bitcoin holds above the 100,600–101,000 support, the bullish scenario remains valid. I expect the price to gradually move toward the 104,000–106,000 area as the next short-term target, aligned with the wedge resistance line. A breakout and confirmed hold above the wedge resistance would likely signal a trend reversal, opening the door for a larger continuation toward the 113,700 resistance zone, and possibly beyond. However, if BTC loses the 100,600 support again and closes below the wedge, this would invalidate the bullish setup and could trigger a deeper move toward 98,000 before a new structure forms. That's the setup I'm tracking. Thank you for your attention, and always manage your risk.
BINANCE:BTCUSDLong
by Ratner
18
DAX at the Edge – Germany’s Market Faces a Big Decision!The German DAX Index has been trading within a gentle upward channel for several months and is now testing the lower boundary of that channel around the key support zone of 23,600–23,800. This level also aligns with the 50-day moving average (SMA50), which adds extra strength to the support. In the short term, if the index holds above 23,700 and forms a bullish reversal candle, a rebound toward 24,500–24,800 (the top of the channel) is likely. The stop loss for this bullish setup would be a confirmed breakdown below 23,400. However, if selling pressure continues and the price closes below 23,400, it could trigger a deeper correction toward 22,800–23,000, signaling a potential trend shift in the medium term. From a long-term perspective, as long as the DAX remains above 23,000, the broader trend stays bullish, with next major upside targets around 25,000–25,500. In short, the current area represents the dividing line between a continuation of the uptrend and the beginning of a medium-term correction in the German market.
XETR:DAXLong
by isahebdadi
S&P 500 Index (SPX) — Daily Chart AnalysisThe S&P 500 is moving within a well-defined ascending channel on the daily timeframe. After touching the top of the channel, the index entered a short-term correction and is now testing the mid-channel area and the 50-day moving average (around 6,665) — both key support zones. Short-Term Outlook (next few days to weeks) If the index holds above 6,660–6,700 and starts to rebound, the next target would likely be the 6,950–7,000 resistance area near the top of the channel. However, if 6,650 breaks and the price closes below it, a deeper pullback toward 6,450 or even 6,300 could follow. • Bullish target: 6,950–7,000 • Bullish stop loss: Below 6,650 • Bearish target: 6,450–6,300 • Bearish stop loss: Above 6,800 Mid-Term Outlook (1–3 months) The broader trend remains bullish, as the 50-day moving average still slopes upward. As long as the price stays above this line, the market structure remains positive. If the upward channel holds, the next potential targets lie between 7,100 and 7,200. But a confirmed breakdown below 6,650 could signal a shift in momentum toward a larger correction. • Bullish mid-term target: 7,100–7,200 • Mid-term stop loss: Below 6,650 Summary : The 6,660–6,700 range is the key zone to watch: • Holding above it → continuation of the uptrend toward the channel’s upper boundary • Breaking below it → possible decline toward the lower channel or deeper correction In short, this area acts as the line between continuation and correction for the S&P 500.
SP:SPXLong
by isahebdadi
Gold Forms Higher Low — Potential Upside Toward Resistance LineHello traders, here’s my current outlook on Gold (XAUUSD). Gold has recently transitioned out of a strong bearish phase, where the price moved inside a descending channel and found significant support near the $3,930–$3,950 Buyer Zone. This support zone has proven to be a key reaction level multiple times, with several fake breakouts followed by strong bullish recoveries — confirming the presence of active buyers. After breaking out of the descending channel, the price began forming a higher-low structure, aligning along the Support Line, suggesting that bullish momentum is gradually returning. However, the market remains capped by the Resistance Line, where several strong rejections occurred, indicating that sellers are still defending higher levels. At the moment, Gold is trading between the Buyer Zone and the $4,020–$4,140 Resistance Zone (Seller Zone). If buyers manage to hold support and form another bullish push from the current levels, we could see an upward move targeting the $4,020 area first, and if momentum continues — a potential retest of the key resistance at $4,140. For now, the structure shows accumulation above strong support, suggesting that buyers still have the advantage. Please share this idea with your friends and click Boost 🚀
THINKMARKETS:XAUUSDLong
by LegionQ8
23
SLPUSDT the major breakout soon will pump it UPTechnical Outlook: SLPUSDT As observed, the price of SLPUSDT is currently trading within a defined descending channel, reflecting a clear bearish trend. However, we are monitoring for a potential breakout above the channel's upper resistance. A decisive and volume-backed break of this resistance could invalidate the current bearish structure. Such a breakout would likely signal a significant trend reversal, potentially initiating a strong bullish impulse with substantial upward momentum. We will await confirmation with a daily close above the resistance before projecting specific price targets. DISCLAIMER: ((trade based on your own decision)) <<press like👍 if you enjoy💚
Long
by MMBTtrader
5
IREN pullback on the cardsNASDAQ:IREN is breaking out again on huge candle spread, though I am skeptical of continued rally from here without a pullback first. For now the trend is up. Price has broken out of its momentum channel and formed a range so I am expecting the excitement to trap late comers and traders with a swift reversal in wave 4. Initial downside target is $47 at the High Volume Node and .0236 Fibonacci retracemenet. Stronger downside momentum could test the rising daily 200EMA at the 0.382 Fibs. Daily RSI has printed unconfirmed bullish divergence at the EQ. Continued upside keeps us looking at the pivot targets.
NASDAQ:IREN
by Maddox_Metrics
HUT Within channel boundary, all fine locallyNASDAQ:HUT Wave 1 appears complete at the channel upper boundary on bearish divergence. For now the probability is to the upside and the trend is in tact. However, wave (B) of 2 looks complete. Wave C is expected to be strong and scary, capitulating many. Price is expected to terminate at the 0.382 Fibonacci retracement, High Volume Node support and rising daily 200EMA. Daily RSI has printed bearish divergence from overbought but also bullish divergence at the EQ. This is ambigous. Continued upside has a target os the $82 High Volume Node resistance.
NASDAQ:HUT
by Maddox_Metrics
GOLD (XAUUSD): Deep Consolidation This week is very slow for Gold. The market is stuck within a wide horizontal range on a daily time frame. With the absence of high impact US fundamentals, I think that probabilities will be high that the market will keep consolidating. The best strategy to follow for now is to look for trading opportunities from the boundaries of the underlined parallel channel: selling from the resistance and buying from the support after a confirmation. As the price is closer and closer to the resistance, wait for its test and then look for selling. That is the plan so far. ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
FOREXCOM:XAUUSDShort
by VasilyTrader
1
Nifty delicately placed near Father line. Nifty is delicately placed near the father line now. Starting to look a little oversold. There are chances that we can see a bounce from here tomorrow or next week. Bihar election results will also be looked at many as a barometer to see how the current Government is being seen by larger parts of India. Bihar is usually seen as a litmus test. A result that market would like can certainly drive the next leg of rally. If the result is against market expectation certainly we will see more downside or consolidation. Supports for Nifty remain at: 25490 (Father line support today low was 25491), 25431 (Mid channel support is around this zone), 25314, 25151, 25024, 24886, 24674 is the channel bottom. Resistance for Nifty on the upper side are: 25598, 25719 (Mother line resistance), 25904, 26089, 26179 currently is the channel top. To know more about Mother Father lines and my Mother, Father small Child theory, Fundamental analysis and how to draw charts or use Techno-Funda analysis do read my book the Happy Candles Way To Wealth Creation rated 4.8/5 on Amazon. Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock or index. The Techno-Funda analysis is based on data that is more than 3 months old. Supports and Resistances are determined by historic past peaks and Valley in the chart. Many other indicators and patterns like EMA, RSI, MACD, Volumes, Fibonacci, parallel channel etc. use historic data which is 3 months or older cyclical points. There is no guarantee they will work in future as markets are highly volatile and swings in prices are also due to macro and micro factors based on actions taken by the company as well as region and global events. Equity investment is subject to risks. I or my clients or family members might have positions in the stocks that we mention in our educational posts. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message. Do consult your investment advisor before taking any financial decisions. Stop losses should be an important part of any investment in equity.
NSE:NIFTY
by Happy_Candles_Investment
GOLD → The market is trying to buy back the decline...FX:XAUUSD continues to consolidate in the $4000 zone, failing to develop a rebound in the middle of the week. The price remains in a sideways trend for the eighth day in a row, waiting for a driver that will finally move the price forward... Reasons for market restraint: Strong US data: growth in ADP private employment, growth in the ISM services business activity index, lower odds of Fed easing, the probability of which has fallen to 62% for December... However, the ongoing government shutdown and the delay in employment and inflation data are supporting the metal... Gold is looking for new catalysts. A break above $4030-$4050 will require weak US data or an escalation of risks, which is not currently the case. Resistance levels: 4030, 4050 Support levels: 4000, 3967, 3955 As the specified resistance is reached, the potential for further growth may be exhausted, and in this case, a false breakout could lead to a correction to 4K. However, if support does not hold the decline, this phase could last much longer. I am not yet talking about further growth beyond 4050, as the fundamental background is weak and there has been no reaction to this zone yet, since the price is still far from the level... Best regards, R. Linda!
FX:XAUUSDShort
by RLinda
5
EURJPY → Long squeeze before growth FX:EURJPY is forming a long squeeze and a false breakdown of support amid a sharp decline. The trend is bullish, and buyers may enter the game against the backdrop of a weak yen. The Japanese yen is falling, giving way to the euro, which is strengthening against this backdrop. EURJPY is forming a global uptrend, which may generally support price growth... The currency pair is returning to its trading range after a false breakdown of support. If the bulls hold their ground above 176.600, the price may form an upward momentum. Resistance levels: 176.6, 177.0, 177.34 Support levels: 176.37, 176. 3 The market is trying to buy back the sharp decline, and the price is returning to the long zone, forming a reversal pattern. If the bulls hold the price above the support of the trading range, the market will have a chance to grow. Best regards, R. Linda!
Long
by RLinda
8
ETHUSDT → Breakdown of the global trend. Distribution to 3360BINANCE:ETHUSDT is entering a distribution phase after breakdown of a consolidation formed against the backdrop of a bearish trend (correction). Sentiment, like the fundamental background, is changing... Bitcoin is falling, which is putting pressure on the market. The reasons are weak fundamentals, index correction, and the rise of the dollar (outflow of funds from the market). On the daily ETH timeframe, we see a break in the uptrend. Monday's candle closed below the trend line, and since the opening of the session, the price has rallied (panic???) Ethereum is coming out of consolidation (breakthrough of 3671). A distribution phase is forming, directed towards 3366 (liquidity pool). Technically, a false breakdown of support could trigger a pullback to 3600 (retest of the previously broken upward support line). Support levels: 3366, 3150, 3000 Resistance levels: 3600, 3670, 3916 Despite the breakdown of the trend structure, we have strong support ahead. If the bulls hold 3366, the market may form a wider trading range. But if the overall background does not change, the decline may continue after the correction... Best regards, R. Linda!
Short
by RLinda
7