Gold Educational PostGold Educational Post.
Trendline Breakout 1st Confirmation.
Ascending Triangle Make 2nd Confirmation.
Breakout With Bullish Candle 3rd Confirmation.
Triangle
Using Bitcoin to boost AVAX trade successIn this video, I’ll show you tactics I use where a trigger in Bitcoin helps build confidence in an AVAX position. I combine a large descending triangle with a smaller ascending triangle to size up aggressively with a strong risk-reward ratio, staying heavy long to maximise upside in a bullish market.
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.
SUSDTHello to all AMKT friends, I hope you had a good day.😍
Let's move on to the analysis of Coin S.
In the monthly timeframe, we do not have specific data due to the newness of the project.
But in the weekly timeframe, we are involved in the box range between the prices of 0.4385 and 0.5497, and exiting this box range along with increasing volume can cause a sharp move, and because of the recent days when the market has been bullish, we know that the probability of exiting above the box range is higher.
In the daily and 4-hour timeframe, we also exited the descending triangle pattern, and usually after this event we see a range and then an upward move. So for a long position, we can enter a long position after breaking 0.5497 and increasing volume.
Have a good and profitable day
BTCUSDT TRIANGLE PATTERN IN 30-MI Created This BTCUSDT Chart Analysis In 30-M Tf
ENTRY LEVEL. 84600
Resistance zone : 84800
Target Well Be : 82800
BTCUSDT made Triangle Pattern, It's Take Resistance BTC went to Downtrend Soon
Macro Quarterly Chart of NZ50G (NZX50)Big picture view of NZX 50 Index
NZ50G Quarterly Chart
Basic Elliott Wave - 8 wave structure shown... with where I think we are now
We appear to be in a long term 5 wave trending move higher
Currently within a choppy wave 4 structure that is near completion of a triangle pattern
Triangle patterns are typically Wave 4's and lead to continuation of the trend that proceeded it
Therefore its quite likely we will base out somewhere around the 11,000 point mark (Currently at 12,116) before finding some support and moving higher
I suspect this could lead to a large 30-50% move higher, but then expect things to get choppy and sideways for a number of years... as its going to take a lot of time to correct this 15 year trend, at least 5 years...
Am looking for buy levels on some key levels on NZX stocks to start loading up long term multi year positions
USDCHF: One More Bearish Wave Ahead?! 🇺🇸🇨🇭
It looks like USDCHF has successfully completed a consolidation
after quite an extended bearish rally.
A breakout of a support line of an ascending triangle pattern
on a 4H time frame provides a strong bearish confirmation.
We can expect a movement down at least to 0.81 level.
❤️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.
GOLD → Correction after reaching 3500. What's next?FX:XAUUSD updates high to $3,500 amid Trump's attacks on the Fed, we are still in the aggressive trend phase. North train makes a small stop which may give us a chance to trade...
Investors are fleeing to safe-haven assets amid an escalating US-China trade war and Trump's verbal attacks on Fed chief Powell.
Trump is blaming the Fed for the slowing economy and demanding immediate rate cuts, which is undermining confidence in the dollar and boosting demand for gold.
3500 is a psychologically important target and once it is reached, traders have moved to profit-taking, which could lead to a small correction...
Resistance levels: 3475, 3500
Support levels: 3441, 3408, 3385
As part of the correction, the price may test 3440, or 3410. The trend is aggressively bullish and sales should not be considered. The ideal scenario would be liquidity capture relative to 3410 and rebound or continuation of growth, as the fundamental background is on the side of gold....
Regards R. Linda!
GOLD → The rally continues. Waiting for correction to tradeFX:XAUUSD supported by the weakness of the dollar and increased trade tensions between the U.S. and China continues to renew highs. At the moment the market is testing 3400...
After Friday's pullback caused by profit taking, the demand for gold rose again - investors are looking for protection amid the threat of recession in the U.S. and instability in the markets. Additional pressure on the dollar is exerted by the threat to the independence of the Fed, after statements about the possible resignation of Jerome Powell.
It is not worth buying at the highs. Technically, against the background of the uptrend, the market can take a break in the form of a pullback. A bounce from support or a false breakdown of the liquidity zone may provide a good opportunity to enter the market
Resistance levels: 3400, 3410, 3430
Support levels: 3369, 3357, 3344
Undoubtedly, based on the overall fundamental situation, gold is absorbing capital as a safe haven and can continue its growth for a long time. But we should keep an eye on the situation between the US and China, as well as in Eastern Europe. Any de-escalation of the conflict may lead to a correction.
For trading now it is worth waiting for a correction to the above mentioned support levels to find a trading opportunity.
Regards R. Linda!
BITCOIN → Retest 86190. There are chances for growthBINANCE:BTCUSD is starting to show positive signs, but it is too early to talk about a change in the downtrend or a bullish rally. Strong resistance ahead....
Against the background of everything that is happening, from a fundamental point of view, bitcoin in general has withstood the blows quite well and is gradually beginning to recover, but the situation for the crypto community as a whole has not changed in any way, the promises are not yet fulfilled. Bitcoin's strengthening is most likely due to localized growth in indices and discussion of lower interest rates. But the focus is on the tariff war between China and the US, improved relations and lower tariffs could weaken bitcoin.
Technically, we see that the price is moving beyond the resistance of the descending channel. For a few days now, the price has been consolidating in front of the 86190 level, and we have chances to see a rise to the resistance of the 88800 range, from which the future prospects will already depend.
Resistance levels: 86190, 88800, 91280
Support levels: 83170, 78170
The price is slowly approaching the resistance 86190, consolidating without updating the local lows, forming a pre-breakout consolidation. There is a probability of a breakout attempt. Breakout and consolidation of the price above 86190 may give a chance to rise to 88800.
But, regarding 88800 we will have to watch the price reaction. A sharp approach with the purpose of primary testing of the level may end in a false breakout and correction....
Regards, R. Linda!
If the market reaches the $88,490 level, we'll look for selling.BTCUSDT Weekly Analysis: Navigating the Range-Bound Market
Bitcoin (BTC) is currently trading in a range-bound market, showcasing a delicate balance between buying and selling pressures. As traders, it's essential to identify key levels and potential trading opportunities.
Key Selling Area: $88,490
We've identified a crucial selling area at $88,490, where sellers are actively participating. This level has the potential to cap upward movements, and we're waiting for the market to reach this zone.
Trading Strategy:
1. Sell Setup: If the market reaches the $88,490 level, we'll look for selling opportunities, targeting lower levels and taking advantage of potential downward momentum.
2. Alternative Scenario: If the market doesn't reach the $88,490 zone, we'll wait for a clear breakdown from the current range, with a candle closing below the range. This would signal a potential shift in market sentiment.
Market Outlook:
The range-bound market presents both challenges and opportunities. By monitoring key levels and waiting for confirmation, we can make informed trading decisions and navigate the markets effectively.
What to Watch:
1. $88,490 Level: A key selling area that could determine the next move.
2. Range Boundaries: Monitoring the current range and waiting for a breakdown or breakout.
3. Market Sentiment: Keeping an eye on market sentiment and adjusting our strategy accordingly.
By staying vigilant and adapting to market conditions, we can capitalize on potential trading opportunities and navigate the complexities of the cryptocurrency market.
Crude Oil - Bearish longer term biasCrude has recently broken its multi-year support level at $67. A retracement back toward that level is probable to cap any upside. The aligning overhead previous POC, Fib, and bearish descending wedge breakout argues for further continued weakness over the medium term.
The longer term target level of $45 coincides with previous resistance following the all time lows rebound in 2020, and also an untested POC at ~$43.75.
BNB What will happen in the future?Currently, BNB is forming an ascending triangle, indicating a potential price increase. It is anticipated that the price could rise, aligning with the projected price movement (AB=CD).
However, it is crucial to wait for the triangle to break before taking any action.
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
BBAI clear Divergence Not financial advice.
There is a clear positive bull divergence with RSI and any breakout of this downward triangle we shall expect a reversal and increase of the price upward fast.
Thanks 🫶
LTC: The 8 Years Long Triangle#LTC has been forming a corrective triangle since 2017. Price action from 2022 to now indicates the triangle is nearing completion, which indicates a nearing bullish breakout.
Even a dip below $50 wouldn’t invalidate the setup, as long as the triangle holds.
#Litecoin
USDCHF short bullish push for expect
OANDA:USDCHF in last periods strong bearish trend we are have, currently after today's and yesterdays events here expecting short bullish push.
Pattern ASCENDING TRIANGL visible.
SUP zone: 0.81200
RES zone: 0.83600
GOLD → Correction to support. What's next?FX:XAUUSD updates a new high to 3357. A correction is forming after Powell's speech. On the background of the bullish trend it is worth looking for stronger support levels
Gold halted gains at $3,358 as traders take profits and assess the implications of Trump's tariff policy.Gold's gains on the week were driven by the escalating trade war between the US and China, fears of a US recession and a flight from risk assets. However, cautious rhetoric from Fed chief Powell and positive signals from trade talks with Japan temporarily curbed further gains in gold. But the level of risks and possible escalation of the conflict is still at a high level.
It is too early to talk about the trend change. At the moment the correction to liquidity zones is forming on the background of the bullish trend. The focus is on 3296, 0.5 fibo. The price may bounce from these levels.
Resistance levels: 3344, 3457
Support levels: 3320, 3296, 3275
The correction after Powell's speech may be quickly exhausted if the politicians from China and the US fuel the conflict. But any hints of negotiations and tariff cuts could be taken very positively by the market, which could lead to a reversal of the local trend.
Regards R. Linda!
RARE/USDT: LOW RISK, HIGH REWARD SETUP!!🚀 RARE Breakout Alert – 150%+ Potential Incoming?! 👀🔥
Hey Traders! If you're all about high-conviction plays and real alpha, smash that 👍 and tap Follow for more setups that actually deliver! 💹💯
RARE/USDT just broke out of a symmetrical triangle on the 4H chart and is now perfectly retesting the breakout trendline. If this level holds, we could be gearing up for a massive upside move in the coming days. 📈🔥
🔹 Entry: CMP
🔹 Targets: 130%–150%
🔹 SL: $0.0538
🔹 Leverage: Low (Max 5x recommended)
💡Strategy Tip: Go in with tight risk management. Consider adding on spot for a safer ride!
💬 What’s Your Take?
Jumping in early or waiting for confirmation? Let’s chart this journey together—drop your analysis, targets, or questions in the comments! 💰🧠
Bitcoin can exit from triangle and drop to support levelHello traders, I want share with you my opinion about Bitcoin. The chart shows how the price previously made a strong decline, followed by a sharp rebound from the buyer zone between 77800 - 79000 points. This recovery formed a short-term uptrend, which led the price back into the seller zone, where bullish momentum slowed down. After testing resistance, BTC formed a wedge pattern that eventually broke to the downside, causing a new wave of correction. Following this drop, the market rebounded again from support and began forming a triangle pattern. The triangle developed inside the same larger resistance area that had already rejected price action before. The structure of the triangle shows lower highs with clear resistance along the 88500 level, reinforcing bearish pressure. Currently, BTC is trading near the apex of this triangle, and the price just bounced down again from resistance. This reaction suggests that the market is struggling to push higher and could be ready for a breakdown. Based on the triangle structure, the seller zone rejection, and the multiple failed attempts to break higher, I expect BTC to move downward toward the 80000 points, which I consider as TP1. The 79000 - 80000 area also coincides with the next major support and previous accumulation zone. Please share this idea with your friends and click Boost 🚀
symmetrical triangle patternA symmetrical triangle pattern which is a continuation triangle. Looks like we are heading down more
GOLD → If you didn't catch the train, what should you do?FX:XAUUSD in a rally. Running into a train that is already in motion is prohibited due to the lack of ability to calculate risks. Ahead of the news, a correction is possible, which will allow us to find a place to trade
Gold continues to update an all-time high on the back of expectations of retail sales in the US and the speech of Fed chief Powell. Price growth was supported by strong data from China, increased demand for “protective assets” due to geopolitical tensions and trade risks between the U.S. and China. Additional support was provided by forecasts of gold price growth from ANZ to $3,600 by the end of the year
Technically, the psychological zones of interest 3325 - 3350 are ahead, from which a correction may form. The ideal scenario is to wait for a correction to local or intermediate support levels and only there look for an entry point.
Resistance levels: 3318, 3335, 3350
Support levels: 3275, 3265, 3244
On the background of a strong bull market it is worth using as a productive strategy to trade on the breakdown of resistance in order to continue growth, but in this case we need to wait for consolidation, we do not have it.
Or wait for correction, support retest and only then consider buying.
Regards R. Linda!
