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Symmetrical Triangle

$INTC - Symmetrical Triangle again !NASDAQ:INTC – Symmetrical Triangle Again! Our last symmetrical triangle play on Intel ( NASDAQ:INTC ) gave us a massive breakout and huge profits. Now, the exact same pattern is forming on the daily chart! Symmetrical triangles are simple but powerful consolidation structures—compressing price until it violently snaps. What do you think? Will history repeat itself with another massive breakout, or are we looking at a sharp breakdown this time? 👇 Drop your thoughts and targets in the comments below!
NASDAQ:INTC
by PRINCE_MAHMUD
Gold Futures Update: Price Action Squeezed Inside Tight TriangleGold Futures ( COMEX:GC1! - COMEX) is displaying a classic volatility compression framework on the Daily (1D) chart, with price action tightly coiled inside a prominent symmetrical triangle. As highlighted by the yellow circle, the precious metal is undergoing a massive liquidity build-up, indicating that a major directional expansion is approaching. ### Key Structural Clusters: * **The Symmetrical Squeeze:** The asset is currently bound between a descending line of resistance (LTB) and a rising line of short-term support (LTA), leading the price directly toward the pattern's apex. * **The Institutional Demand Floor (4,381 - 4,408):** The lower boundary of this triangle features exceptional technical confluence. It rests immediately on top of the critical horizontal support wall at **4,408.3** and is heavily backed by the long-term **200-period Exponential Moving Average (EMA 200 - purple line at 4,381.3)**. * **Macro Overhead Targets:** Should buyers validate a clean structural breakout above the triangle, the primary macro resistance targets remain firmly established at the horizontal red zones of **4,787.3** and **4,901.3**. ### Tactical Outlook & Execution Strategy: Trading inside the absolute apex of a symmetrical triangle carries a low probability for directional swing-trading due to choppy, mean-reverting behavior. The professional approach mandates waiting for a confirmed breakout: 1. **The Bullish Expansion Scenario:** A daily candle close with strong volume above the descending LTB will signal a continuation of the primary macro uptrend, offering high-odds setups to target the upper horizontal levels. 2. **The Bearish Test Scenario:** If selling pressure breaks the lower trendline, a swift flush into the 4,408 - 4,381 block is expected, where institutional order absorption will likely offer a major long defensive setup. Patience is our edge. We will let the market break the boundaries of the apex before establishing fresh swing positions. --- 📊 **ProData Chart** | By Rogerio Zaglia *Technical Analysis, Price Action & Global Macro Strategy.* ⚠️ **Disclaimer:** For educational and informational purposes only. This study does not constitute investment advice or trading recommendations.
COMEX:GC1!
by ChartPro_Data
Crude Oil Forms an Interesting Setup – Big Move AheadCRUDE OIL | Symmetrical Triangle Pattern Forming Support Zone: 7800–7900 Resistance Zone: 9900–10000 As long as the price remains within this symmetrical triangle pattern, no major directional move is expected and the market is likely to trade within the visible range. A decisive breakout above the resistance zone or a breakdown below the support zone could trigger a strong one-sided move. Until then, traders can focus on range-bound opportunities within the pattern. Trade the range while the pattern holds. After a confirmed breakout or breakdown, look for a directional move with momentum. view :- strong bearish after breadown the pattern support or near the resistance .
MCX:CRUDEOIL1!Short
by FiveCircles
$LYFT - FORM SYMMETRICAL TRIANGLE , NOT BREAKOUT YET3 SCENARIOS 1. Breakout Scenario If price breaks above resistance, it should at least reach the 1st target. If bullish momentum remains strong, it should continue toward the 2nd target and potentially higher levels. 2. Rejection Scenario If price is rejected from resistance, there are two possible outcomes: A) Price may decline toward the lower trendline/support. B) If the lower trendline/support breaks, price is likely to continue significantly lower, indicating a deeper correction or trend reversal.
NASDAQ:LYFT
by PRINCE_MAHMUD
Tesla Daily: Severe Macro Compression Encounters Major 452 ResisTesla, Inc. ( NASDAQ:TSLA ) is trading inside an incredibly clean and high-stakes technical environment on the Daily Chart, characterising a classic macro price compression structure. As volatility tightens near the apex of this major multi-month pattern, institutional order flow is fast approaching a significant decision point. ### Key Technical Factors: * **The Macro Symmetrical Compression:** The stock is tightly trapped between a long-term descending trendline (LTB) capping the upside and a steep, aggressive ascending trendline (LTA) supporting the recent aggressive recovery from April lows. * **The 452.87 Horizontal Resistance Wall:** The red line at 452.87 represents a severe structural supply zone. As the price attempts to break out of the triangle, it faces immediate overhead defense from institutional sellers at this precise level. * **The EMA 200 Support Baseline:** The 200-Period Exponential Moving Average (purple line currently near 394.74) acts as the fundamental long-term value baseline. The price remains heavily extended from this core support area. ### Strategic Scenario (The Multi-Step Sequence): The green arrows plotted on the chart capture the high-probability strategic path as liquidity compresses: 1. **Short-Term Rejection & Retest (First Waves):** Given the confluence of the LTB and the 452.87 horizontal resistance, an immediate clean breakout is unlikely. We anticipate a localized pullback to test the dynamic support of the rising LTA. 2. **The Apex Decision:** After a brief ping-pong rotation near the apex, if buyers fail to print a sustained daily close above the 452.87 barrier, exhaustion will likely trigger a major mean-reversion move. 3. **The Macro Target (394.74 - 400.00):** A failure at the top boundary opens the path for a steep corrective drive down toward the **EMA 200 baseline near 394.74**, offering a premium structural support test for long-term buyers. ### Execution Plan: Patience is paramount within this squeeze zone. Chasing momentum right into a structural double-resistance (LTB + Horizontal Wall) offers an unfavorable risk-reward profile. We closely monitor lower timeframe confirmations near the boundaries before validating any major swing positioning. --- 📊 **ProData Chart** | By Rogerio Zaglia *12+ years of daily global market technical analysis.* ⚠️ **Disclaimer:** This analysis is for educational and informational purposes only. It does not constitute financial advice or an investment recommendation. Past performance is not indicative of future results.
NASDAQ:TSLAShort
by ChartPro_Data
FTSE 100 Daily: Symmetrical Triangle Breakout Looming at Key LonThe UK 100 (FTSE 100 Index) is presenting a highly textbook technical structure on the Daily Chart, consolidating within a large Symmetrical Triangle pattern. As a core benchmark for European markets, tracking these macro compressions provides excellent high-probability setups for position and swing traders. ### Key Technical Insights: * **The Symmetrical Triangle Compression:** Following a powerful long-term bull run, the index has entered a healthy consolidation phase. The price has captured liquidity at the lower ascending trendline and is now actively testing the upper descending resistance line. * **Key Overhead Resistance Levels:** A successful breakout faces immediate horizontal resistance at the **10,635 level** (previous structure high). Beyond that, the ultimate macro target sits at the major historical peak of **10,910**. * **The EMA 200 Baseline:** The long-term trend remains firmly bullish, beautifully supported by the rising 200-Period Exponential Moving Average (purple line currently climbing near 9,936), keeping the structural buyer bias intact. ### Strategic Scenario (The Breakout Sequence): The green arrows on the chart illustrate the expected technical behavior as liquidity dries up near the apex: 1. **Short-Term Rejection/Retest (First Arrow):** A minor, healthy intraday pullback from the upper trendline to retest internal local support within the triangle structure. 2. **The Bullish Expansion (Second Arrow):** A decisive daily close above the descending trendline, triggering momentum to attack the 10,635 resistance barrier and opening the doors for a macro continuation rally toward 10,910. ### Execution Takeaway: Watch the daily close carefully. A confirmed breakout from this compression pattern will offer a highly favorable risk-to-reward ratio for long positions, using the triangle's lower support line for risk definition. --- 📊 **ProData Chart** | By Rogerio Zaglia *12+ years of daily global market technical analysis.* ⚠️ **Disclaimer:** This analysis is for educational and informational purposes only. It does not constitute financial advice or an investment recommendation. Past performance is not indicative of future results.
FTSE:UKX
by ChartPro_Data
EJ Forms "Symmetry" but Signals A Breakout Soon This year, OANDA:EURJPY has found itself quite Consolidated between a 181 and 187 price range, while currently trading around 184. Within the past couple weeks, we can see an even tighter Consolidation happening in the form of what is called a Symmetrical Triangle! Now a Symmetrical Triangle forms when a balance is found between the Buyers (Bulls) and Sellers (Bears) with a Falling Resistance and a Rising Support into a fairly tight Price Point where typically we see price make an extreme Breakout of either the Resistance or Support leg of the Pattern, verifying either the Bulls or Bears have won out. Now respectfully, either scenario is possible so it is important to wait for a Valid Breakout and Successful Retest with added Confirmation. - Indicators like Volume, RSI and the MACD all show tells that this pair is truly in a Consolidation Phase and with a Breakout, will exhibit strong fluctuations in data strengthening the Bullish or Bearish Breakout! Fundamentally, we seen a great deal of Bullish outcomes in the month of May for the JPY like: - M2 Money Stock y/y posting a .3% increase from 2% to 2.3% meaning more money is circulating in the Japanese economy meaning consumers and businesses have greater access to finances. - PPI y/y increasing 2% from 2.9% to 4.9% meaning the expectations of Interest Rate hikes could rise given the Producers Price Index is typically found as a good warning tool for early Inflation. Also lets not forget the serious Intervention we witnessed with the JPY talked about by Japan Finance Minister to help "prop up" and stabilize the falling Japanese Yen! This week EUR and JPY will have market moving news events so stay vigilant!
by Novi_Fibonacci
2
M/USDT Short Setup!Hey Traders! 👋 If you’re enjoying this analysis, smash that 👍 and hit Follow for high-accuracy trade setups that actually deliver! 💹🔥 M is showing a clear bearish structure with price breaking down from a converging trendline pattern and continuing lower. 📉 Market Structure: • Trendline breakdown confirmed • Lower highs forming • Weak price action after breakdown 🎯 Trade Plan: 👉 Entry: CMP + add up to $2.96 👉 Stop Loss: $3.08 👉 Target: $1.55 area ⚠️ As long as price stays below the resistance zone, downside remains in control. 💡 Clean breakdown + continuation structure = strong short bias 📌 Follow the trend. Manage risk. Stay disciplined. 💬 What’s Your Take? Drop your analysis and predictions below—let’s navigate this together and secure those gains! 💰
BINANCE:MUSDT.PShort
by CoreCrypto1
Oil Is Pressing a Major Resistance — Breakout Next?Before we start the technical analysis of oil ( FX_IDC:USDBRO ), we should mention that the main moves in oil over the past two to three months have been driven by developments in the Middle East—especially tensions between Iran, the U.S., and Israel. Right now, the key issue remains the Strait of Hormuz, which is a point of contention between Iran, the U.S., and other Middle Eastern countries. A major portion of oil and its products passes through this strait, which is subject to military tensions. Thus, any news about agreements or heightened conflict can quickly affect oil prices—so managing risk ahead of time is crucial. Currently, oil is moving near a resistance zone($106-$102). From a classical technical analysis view, it seems oil has been moving in a symmetrical triangle over the past two months. Since a symmetrical triangle is a continuation pattern—and the prior move was bullish—we could expect a continuation of the bullish trend for oil. From an Elliott Wave standpoint, it seems oil has completed its main wave 4, and this wave four structure was a Zigzag correction(ABC/5-3-5). I expect that oil can break the resistance zone($106-$102) and rise at least up to $107. If the breakout has strong momentum, we could see a move toward the upper line of the symmetrical triangle in the coming weeks. First Target: $107.00 Second Target: Upper line of symmetrical triangle Stop Loss(SL): $94.70 Points may shift as the market evolves What’s your view on oil? Can it hit new all-time highs, or not? 💡 Please respect each other's opinions and express agreement or disagreement politely. 📌U.S. Dollar/Brent Crude OIL Analysis (USDBRO), 4-hour time frame. 🛑 Always set a Stop Loss(SL) for every position you open. ✅ This is just my idea; I’d love to see your thoughts too! 🔥 If you find it helpful, please BOOST this post and share it with your friends.
FX_IDC:USDBROLong
by pejman_zwin
19
XRPUSD attempting to break up from daily symmetrical triangleYou can see that price action has starting closing above this light blue triangle on the daily xrpusd chart and is holding the top trendline as support on the retest for now as well. Should we close the current daily candle above the triangle as well that increases the probability of confirming the breakout. The breakout target should lift price action up to the 200ma the darker blue line just above and perhaps even above it, hopefully it will flip it to support in the process. *not financial advice*
COINBASE:XRPUSD
by DrDovetail
An updated look at the weekly logchart for xrpusdWe can see price action is currently consolidating inside a bull pennant that I have colored light blue here and as long as the blue 200 weekly MA maintains solid support price should break upward from the pennant by the time it reaches where I have placed the dotted measured move line. If that is the point at which it breaks out the target is around $9.19 or so but on my linear weekly chart (not shown here) price is currently a weekly candle or 2 away from breaking above the top trendline of a wedge on that chart that has a breakout target around 3.09 or so. So if that linear wedge plays out odds are good we would also breakout up from this log chart pennant considerably sooner than where I have arbitrarily placed the dotted line, in which case the price target for this log pennants breakout would be even higher than 9.18 potentially even above 10 dollars at that point. We can also see that we have two other even bigger chart patterns here on this weekly log chart as well. The tan colored symmetrical triangle, and the ascending triangle with the red line as its top trendline. The tan triangle’s breakout target around $33 and the ascending triangles target all the way up at $100. Being a log chart, some of these bigger patterns will take much longer to hit their targets than the linear chart patterns usually take to reach theirs, however I believe we are very likely to hit the smaller light blue pennant’s breakout target by sometime next year at the latest and possibly even this year, I have included the linear weekly wedge chart for xrpusd in a link below *not financial advice*
BITSTAMP:XRPUSD
by DrDovetail
EURUSD H1 | Sell From Premium Supply — 1.17500 RejectionBias: Bearish (Short-Term) Price has pushed into a premium supply zone on the 1H timeframe, tapping into a key resistance level at 1.17500 – 1.17550. This aligns perfectly with the 4H symmetrical triangle upper boundary and prior structure resistance — a high probability sell setup is forming. Technical Confluence 1.17500 – 1.17550 is a clear supply/resistance zone on the 1H Aligns with 4H triangle upper trendline resistance Prior CHoCH level — structure flip zone Price trading in premium relative to the recent range EMA resistance cluster at this level on 1H Momentum showing signs of exhaustion at current levels Ties into the 4H FVG sweep narrative — price needs to come down to 1.16240 before any real breakout 🔴 Trade Setup — SELL 🔴 Sell Entry: 1.17500 – 1.17550 Premium supply zone 1H resistance / prior structure Triangle upper boundary Look for bearish rejection candle before entering 🛑 Stop Loss: 1.17850 Above the supply zone Above the Weak High on 1H Clears all liquidity above entry Take Profit 1: 1.17200 Nearest 1H support / demand area Partial close recommended Take Profit 2: 1.16500 Mid-range support Previous consolidation zone Take Profit 3: 1.16247 FVG target from 4H analysis Full bearish objective Smart money magnet below Risk-to-Reward LevelPriceEntry1.17500Stop Loss1.17850 (-35 pips)TP11.16950 (+55 pips)TP21.16500 (+100 pips)TP31.16247 (+125 pips) RR to TP1 ≈ 1:1.6 ✅ RR to TP2 ≈ 1:2.9 ✅✅ RR to TP3 ≈ 1:3.6 ✅✅✅ 🧠 Narrative On the 4H timeframe, EURUSD is compressing inside a symmetrical triangle with an untouched FVG sitting below at 1.16247. Before any major bullish breakout can happen, smart money needs to sweep that liquidity below. Dropping down to the 1H, price has now pushed into the premium supply zone at 1.17500 — exactly where sellers are expected to step in. This 1H sell is not against the bigger picture bullish bias — it IS the bigger picture play. Price needs to come down from 1.17500 to fill the FVG at 1.16247 before the real bullish move launches. This sell is the mechanism that fills the 4H FVG. The logic is clean: 🔴 Sell at 1.17500 → ride down to FVG 🟢 Buy at 1.16247 → ride the major breakout Two trades. One complete narrative. Execute both with discipline.
Short
by thefxmbrand
EURUSD H4 | Symmetrical Triangle — FVG Sweep Below Before Major Bias: Bullish (After Bearish Liquidity Grab ) EURUSD is compressing inside a Symmetrical Triangle on the 4H timeframe following a massive bullish impulse from the 1.1435 lows. Price is coiling tighter with each swing — a major breakout is approaching. The higher probability play is a sweep of the FVG below before the real bullish move begins. Technical Confluence Symmetrical Triangle clearly defined — lower highs and higher lows compressing price CHoCH (Change of Character) confirmed bullish on the macro move from 1.1435 FVG (Fair Value Gap) sitting below at 1.16240 – 1.16247 — untouched and acting as a magnet Weak High resting above at 1.18293 — liquidity target if breakout happens upward Price currently inside the triangle apex zone — decision point imminent EMA clusters tightening — momentum squeeze building 🔴 Scenario 1 — HIGH PROBABILITY: Sweep FVG Then Buy Price breaks briefly below triangle support, taps the FVG at 1.16240–1.16247, grabs liquidity below, then reverses bullish for the main move. 🟢 Buy Entry Zone: 1.16240 – 1.16500 FVG fill zone Triangle support / liquidity sweep area Discount zone for smart money accumulation 🛑 Stop Loss: 1.15156 Below the major demand zone Below the swing structure Full setup invalidation level TP1: 1.17519 Back inside triangle / internal resistance TP2: 1.18044 Upper triangle resistance / prior structure TP3: 1.18293 Weak High — full liquidity target above 🎯 TP4 (Extended — Breakout): 1.19500+ If breakout above triangle confirms Major move continuation target RR to TP3 ≈ 1:3.5 ✅✅✅ 🟢 Scenario 2 — LOW PROBABILITY: Direct Breakout Above Price breaks above the triangle without sweeping the FVG — immediate bullish continuation targeting the weak highs and beyond. 🟢 Buy Entry: 1.18044 – 1.18293 (on confirmed breakout + retest) Breakout above triangle upper trendline Retest of breakout level as support 🎯 Target: 1.19500 – 1.20000 Measured move from triangle height Major psychological resistance Lower probability — smart money typically grabs liquidity below before major moves Risk-to-Reward (Scenario 1) LevelPriceEntry1.16350Stop Loss1.15156 (-119 pips)TP11.17519 (+117 pips)TP21.18044 (+169 pips)TP31.18293 (+194 pips)TP41.19500 (+315 pips) RR to TP2 ≈ 1:1.4 ✅ RR to TP3 ≈ 1:1.6 ✅✅ RR to TP4 ≈ 1:2.6 ✅✅✅ My Narrative EURUSD made a historic bullish impulse from the 1.1435 demand zone, printing a clean CHoCH on the macro timeframe. However, price has now entered a consolidation phase inside a symmetrical triangle — this is classic smart money accumulation before the next explosive move. The chart clearly shows a headline note: "A MAJOR BREAKOUT IS APPROACHING" — and the technical structure agrees. Here's why the FVG sweep is the higher probability play: Smart money does not move price in a straight line. Before launching the next leg higher toward 1.18293 and beyond, institutions will likely engineer a liquidity sweep below the triangle — grabbing the stops of retail traders who went long, filling their own orders at the FVG (1.16240–1.16247), then launching price explosively upward. The two scenarios: Price dips to FVG (1.16240) → liquidity grabbed → BUY → target 1.18293+ (HIGH PROB) Price breaks directly above triangle → retest → BUY → target 1.19500+ (LOW PROB) Either way the bias is ultimately bullish. The question is just — does price sweep below first or not? Patience is key. Wait for your level. Don't chase the triangle break.
Short
by thefxmbrand
XRP PREPARING FOR A VOLCANIC MOVE!Hey traders! I’m back with a fresh analysis of XRP/USDT , where I’ve identified a massive symmetrical triangle pattern that is reaching its terminal point. As you can see on the daily chart, this pattern has been coiling for months following the major correction. The "quiet" volume on the OBV and standard indicators is the ultimate tell—the market is holding its breath before a violent expansion. While the selling pressure has looked heavy on the dips, triangles are famous for trapping over-eager traders. We don't guess; we react. My Trade Execution Plan To avoid getting caught in a "fakeout," I am using a dual-stop strategy to catch the momentum the moment the dam breaks. Here is exactly how I’m setting up my orders: 🚀 BULLISH SCENARIO (Long): BUY STOP: 1.50 Take Profit: 1.85 Rationale: A break above 1.50 clears the descending resistance and confirms a shift in market structure. 📉 BEARISH SCENARIO (Short): SELL STOP: 1.30 Take Profit: 1.05 Rationale: If we lose the 1.30 support, the "measured move" suggests a fast slide back toward the $1.00 psychological level. Symmetrical Triangle Theory: Why This Works For those following along at home, here is the technical breakdown: 1. The Squeeze: Volume must decrease as price gets pinched toward the apex. We are seeing that perfectly here. 2. The Breakout: For a move to be "real," we need to see a massive spike in volume at the breakout point. 3. The Target: We calculate the "measured move" by taking the height of the triangle’s mouth and projecting it from the breakout price. Master the Charts If you want to understand the math behind these patterns, John Murphy’s "Technical Analysis of the Financial Markets" is the gold standard. It’s how the pros identify these setups before they happen. What’s on your watchlist? I’m looking for my next setup—drop a coin in the comments and I might feature it in tomorrow’s update! Don't forget to follow, like, and comment to stay ahead of the next big move!
BINANCE:XRPUSDT
by Juanchobanano
1
Symmetrical Triangle Forms on GAThe Bulls and Bears struggle in OANDA:GBPAUD seems to be coming to a point with price forming a Symmetrical Triangle! Bears have been keeping price below a Falling Resistance with tests @ 1.8946 and 1.8916 and Bulls keeping price above a Rising Support with tests @ 1.88084 and 1.88449. Now this pattern can either be a Continuation of trend of a Reversal, which all depends on whether price breaks the Falling Resistance or Rising Support! Once a valid breakout occurs with a successful retest, this will generate opportunities to take price to either the overhead Resistance or underlying Support levels marked on the chart!
by Novi_Fibonacci
SONACOMS . Multi-Timeframe Breakout Setup | Big Move Incoming . This stock is currently showing a strong multi-timeframe setup, combining short-term momentum with a broader swing opportunity. On the short-term chart, price is moving in a rising structure and approaching a key resistance zone of 630–650. The trend is gradually shifting bullish, with higher lows forming — indicating accumulation. A breakout above this resistance can trigger fresh momentum. Looking at the swing chart, the stock has already completed a corrective phase and is now attempting a breakout from a contraction pattern. If this breakout sustains, the pattern target comes around 770–800, making it a strong positional opportunity. On the alternate short-term structure, price is again respecting an upward channel. The immediate resistance lies near 625–630, while the trend remains intact as long as higher lows are maintained. Key Strategy: Bias remains bullish Best approach: Buy on dips Immediate support: 500–510 Strong swing support: 470–480. Conclusion: As long as the stock holds its support zones, dips can be considered buying opportunities, with a potential upside move toward higher targets in the coming sessions .
NSE:SONACOMSLong
by FiveCircles
$EURUSD - $1.18 as a decisive levelHi guys! 👋 🔔 EURUSD is at 1.1690 and the market is stuck. It bounced hard off the March lows at 1.1407, gained over 200 pips in a week when the ceasefire headlines hit, and now it's sitting right under the one level that matters — 1.1820. 🔔 Break it and hold it, this goes to 1.2000 and potentially 1.2500. Can't break it, and 1.1200–1.1180 becomes the next stop. 🔔 What followed in early 2025 was a strong impulsive move — clean, fast, technically valid — that broke price above the mid-range of the triangle and ran all the way to 1.2000. That impulse matters. 🔔 The problem is the ascending broadening wedge sitting on top of it. Higher highs, higher lows, but the boundaries are expanding not tightening. 🔔 The MA50 crossed below the MA200. That's a Death Cross, it's confirmed, and it's sitting right where price is trading now. You're basically trading inside the moving average cluster, which means every candle from here is a fight between the bulls trying to reclaim it and the bears defending it. 🔔 The 50% level is where the market tends to find genuine buyers after a corrective move, and the bounce off it has been real. The question is whether that bounce has enough behind it to take out 1.1820 or whether it fades into the moving average cluster and rolls over. Bias : Retest $1.182 and go down to $1.11 Invalidation : If closes above $1.182, which will lead to another jump to $1.20 ✊ Good luck with your trades! ✊ • If you like the idea, hit the 🚀 button • Please ✍️ your thoughts in the Comments section • And follow me for more updates.
Short
by azizelliott
BITCOIN - Market stagnation. Bearish trend BINANCE:BTCUSDT.P is stagnating, forming a symmetrical triangle within a global flat pattern that has formed as part of a global downtrend. There is still no fundamental support for the crypto market. Bitcoin has attempted to act as a hedge in the current tense geopolitical and economic situation, but all attempts at growth are being aggressively sold off. A trend line is forming, and the market is not allowing the price to reach intermediate key areas of interest, which indicates the presence of bearish pressure. Bitcoin is in a global downtrend. Focus on the current range of 69,185 - 71,100. The market may test 70100 - 71000 before falling within the main figure (to 67K). Resistance levels: 7010, 71000, 72000 Support levels: 69180, 66270 The reaction to the 69200 support is weakening, and the bulls may not be able to withstand market pressure. A close below 69185 could trigger distribution within the main bearish trend. Before that, a short squeeze of 70100 - 71060 is possible. However, the structure will be broken if Bitcoin manages to break through 72K and consolidate above this zone. Best regards, R. Linda!
BINANCE:BTCUSDT.PShort
by RLinda
6
Bitcoin Just Reclaimed $68,000 — Breakout Confirmation Next?After the military tensions in the Middle East began, Bitcoin ( BINANCE:BTCUSDT ) initially moved lower. However, as the situation stabilized, the market regained confidence — and BTC started to recover. Now, Bitcoin has successfully broken the key $68,000 trading level and is currently attempting to break the upper lines of a symmetrical triangle. From an Elliott Wave perspective, it appears that BTC is completing microwave C of the main wave Y. In addition, Bitcoin maintains a strong correlation with the SPX500 index( FX:SPX500 ). Since SPX500 has been pumping strongly in recent hours, this increases the probability of further upside for BTC. I expect Bitcoin to break the upper lines of the symmetrical triangle and potentially move toward at least $70,881. Will BTC successfully confirm the breakout and continue higher? First Target: $70,881 Second Target: $72,273 Third Target: Cumulative Short Liquidation Leverage($74,560-$72,440) Stop Loss(SL): $66,956 Points may shift as the market evolves Cumulative Long Liquidation Leverage: $68,480-$67,760 Cumulative Long Liquidation Leverage: $64,440-$63,750 💡 Please respect each other's opinions and express agreement or disagreement politely. 📌Bitcoin Analysis (BTCUSDT), 4-hour time frame. 🛑 Always set a Stop Loss(SL) for every position you open. ✅ This is just my idea; I’d love to see your thoughts too! 🔥 If you find it helpful, please BOOST this post and share it with your friends.
BINANCE:BTCUSDTLong
by pejman_zwin
29
IREN: Compression at a Critical Inflection — Resolution Near!(A) THE TECHNICAL SETUP Iris Energy (IREN) has spent the last several months compressing into a descending triangle inside a larger Symmetrical Triangle on the weekly timeframe. Momentum has stalled, volatility has contracted, and price is now pressing into the apex of the smaller structure. • The Last Line of Defense: Price is resting directly on the ascending support trendline. This level also aligns with the Anchored VWAP from the April 2025 low (yellow line), making it a technically significant pivot. • The Compression: Volatility contraction suggests a decisive directional expansion is approaching. The structure currently leans toward a test of lower bounds unless buyers reclaim control. • The Approach: We are not front-running. The chart is mapping exhaustion. We are defining failure points and letting price confirm. ---------- (B) FUNDAMENTAL HEADWINDS (Context Matters) The AI infrastructure narrative that fueled the prior impulse is maturing. Markets are beginning to differentiate between theme and economics. 1️⃣ Narrative vs. Margins: The pivot from Bitcoin mining to AI cloud was rewarded aggressively. However, this transition is capital-intensive. As AI enthusiasm normalizes, investors are scrutinizing margin durability and return on invested capital. 2️⃣ CapEx Burden: Scaling gigawatts of data center capacity requires sustained capital deployment. If compute demand growth moderates, high fixed costs compress operating leverage. In capital-heavy models, execution precision matters. 3️⃣ High-Beta Rotation Risk: We are observing selective rotation out of narrative-driven, high-beta technology into stronger cash-flow profiles. In tightening liquidity environments, speculative multiples compress first. This does not mean collapse. It means expectations are being repriced. ---------- (C) KEY LEVELS (Scenario Mapping) 📉 --> Base Case: Breakdown Scenario (Structure Currently Favors) A weekly close below the ascending trendline and the April 2025 AVWAP (~$37–38) signals structural failure. • Downside Target: $27–28 demand zone (green box). • Why $28 Matters: Prior IPO high and former breakout base. It represents the last meaningful institutional accumulation shelf. Loss of $38 opens air toward the prior demand shelf. 📈 --> Alternative Case: Upside Resolution (Lower Probability, Must Track) A weekly close above descending resistance (~$48) invalidates the bearish lean. • Break above $48 resets consolidation. • Reclaims momentum and opens room toward $60–62 (next major resistance zone). • Signals continuation of the primary uptrend. Structure decides. Not opinion. ---------- (D) OPTIONS POSITIONING (Defined Risk) Consider Bear Call Credit Spreads above descending resistance. • Thesis: Upside is capped beneath resistance. • Even if price chops sideways, time decay works in your favor. • If breakdown materializes, premium is retained with strictly defined risk parameters. This is structure-driven positioning — not directional guessing. ---------- (E) BOTTOM LINE IREN is compressing at a critical inflection point. Support: $37–38 | Resistance: ~$48 Below support, the path opens toward $28. Above resistance, the trend resumes higher. This is not prediction. This is scenario management. Let price confirm. Jay Vohra: Chartered Accountant (CA) | Ex-UK Commodity Desk | Equity & Options Strategist — Aligning macro, fundamentals & technical precision to capture high-conviction asymmetric setups. Risk defined before capital deployed. Disclaimer: Educational purposes only.
NASDAQ:IRENShort
by CA_JayVohra
2
VIRTUAL/USDT – Long Setup!Hey Traders! If you’re finding value in this analysis, smash that 👍 and hit Follow for high-accuracy trade setups that actually deliver! Symmetrical triangle breakout. Momentum building. 🟢 Entry: $0.71 – $0.73 🎯 Target 1: $0.85 🎯 Target 2: $0.98 🎯 Target 3: $1.20 – $1.25 🛑 Stop Loss: $0.67 (4H close below support) Recommended: ✔️ Spot accumulation ✔️ Low leverage only (2x–3x max) ✔️ Trail SL after T1 hit Risk management is key. Don’t overleverage. What’s your view on this? Share your thoughts in the comments below 👇
BINANCE:VIRTUALUSDT.PLong
by CoreCrypto1