Chart Patterns
BTCUSD... 1H CHAT PATTERNMy describing a BTC/USD (Bitcoin to US Dollar) *long trade setup* with the following parameters:
* *Entry (Buy):* 9584
* *1st Target (TP1):* 9600
* *2nd Target (TP2):* 9755
* *Stop Loss (SL):* 9500
### Trade Summary:
* *Risk:* 84 points (9584 - 9500)
* *Reward (TP1):* 16 points
* *Reward (TP2):* 171 points
* *Risk/Reward Ratio:*
* TP1: \~0.19 (not favorable)
* TP2: \~2.04 (good)
### Key Considerations:
* TP1 is very close to the entry price — possibly useful for a quick scalp or partial exit.
* The overall trade becomes favorable if you're targeting TP2 and using proper position sizing.
* Ensure this aligns with your trading strategy and current market conditions (momentum, support/resistance, volume).
Bitcoin is about to make an upward breakthrough!The price of BTCUSD strongly broke through the threshold of $97,000 this week, showing a robust upward momentum. Although there has been a pullback currently, it still remains in a strong uptrend above $95,000 overall. In the short term, the primary target for the upward movement is $98,000. If this level is broken through, the focus will shift to the significant psychological level of $100,000. However, when the price of BTCUSD approaches the level of $98,000, this area will form a resistance, and investors should be cautious about the potential risk of a pullback. If it unexpectedly breaks below the support level of $93,000, it may pull back to the area around $89,000.
Taking all factors into consideration, the overall trend of BTCUSD next week is relatively optimistic, with a high probability of continuing to break through upwards. However, the risk of a pullback should also be watched out for. There are uncertainties in the market, and macroeconomic factors such as the progress of negotiations between the United States and its major trading partners may also have an impact on the price of Bitcoin. Therefore, relevant news should be closely monitored.
GBPCAD - W bottom - 4hr - 100 pip moveFirst post and a complete novice so here goes!
Strong movement down on the 4 hour chart.
Tested 1.83205.
Pulled back and currently retesting the same area.
RSI went below 30 showing its overbought but it is showing bullish divergence which I expect a 100pip move up to complete the W bottom pattern.
What's your thoughts?
Gold Long Setup - Manipulation Before AccumulationAfter an exceptional rally towards the highs, Gold will be retracing to retest the order blocks, trendline and sweep liquidity of the local lows. I will be looking at longing Gold at 3133 area upon internal liquidity sweep, trendline and order block retest.
Entry: 3133
Target: 3500
Stoploss: 2953
XAUUSD Analysis todayHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
$USUAL - Triple Bottom Scalp Long$USUAL | 4h
**Weekend scalp long setup**
We're seeing a potential **triple bottom** forming on the local timeframe, indicating strong demand around this support zone. Price has tested this level three times without a breakdown, suggesting seller exhaustion.
If we hold above the most recent low, we can look for a long entry, targeting a bounce toward the nearest resistance or VWAP.
We can start scaling into longs at the current market price .11s, with a stop just below 0.105 or if you can extend it to .10
Targets:
.124 to .13
.137 to .142
.146 to .15
BTC/USD) Trend channel analysis setup Read The ChaptianSMC Trading point update
technical analysis of Bitcoin (BTC/USD) on the 1-hour timeframe. It showcases a potential breakout continuation vs. pullback scenario, depending on how price reacts around a key short-term resistance area.
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Key Observations:
1. Current Price:
$93,754 — Price is consolidating just below a local high.
2. Support and Resistance Zones:
Support BOS (Break of Structure): Around the $87,351 level, highlighted in yellow.
Upper Target Zone: $98,954–$98,983
200 EMA: Near $86,926, offering dynamic support.
3. Two Possible Scenarios:
A. Bullish Continuation:
If the price holds above the immediate structure and breaks out of the short-term consolidation near the top:
It may surge toward the upper target zone ($98,983).
This aligns with the ascending channel and continuation pattern.
B. Bearish Pullback:
If the price fails to sustain above the resistance area:
A correction down to the support BOS zone (~$87,351) is likely.
This pullback may be temporary, potentially offering a re-entry zone for bulls.
4. RSI Analysis (Bottom of Chart):
RSI is showing signs of bearish divergence (price making higher highs while RSI makes lower highs).
This suggests momentum is weakening, and a short-term pullback could occur.
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Trade Ideas:
Long Setup (Breakout):
Entry: Above recent high (~$94,500).
Target: ~$98,950
Stop Loss: Below ~$92,000
Short Setup (Rejection):
Entry: Rejection near ~$94,000–$94,500
Target: ~$87,350
Stop Loss: Above ~$94,800
Mr SMC Trading point
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Summary:
This analysis reflects a critical decision point for BTC/USD. Price is nearing a local high with RSI divergence suggesting a pullback may come first — but if buyers remain strong and break resistance, a continuation toward GETTEX:98K is likely. Wait for confirmation of direction before entering.
Pales support boost 🚀 analysis follow)
USD/JPY) bullish trend analysis Read The ChaptianSMC Trading point update
Technical analysis of USD/JPY chart shows a bullish reversal setup. Here’s a breakdown behind the analysis:
1. Downtrend & Channel Breakout:
Price was trending downward within a descending channel (marked “channel trend”).
Recently, the price broke out of the channel, signaling a potential trend reversal.
2. Demand Zone (Diamond Zone):
The yellow box labeled “Diamond Zone” represents a demand/support zone where price previously found buyers.
A retest of this zone is expected before the bullish move.
3. EMA (200):
The EMA (200) is currently above the price but close. A break above this level (142.522) could add to bullish momentum.
4. RSI Indicator:
RSI is showing a bounce off a mid-level (~50), suggesting bullish momentum is gaining.
5. Target Level:
The analysis targets 147.838, which aligns with a prior resistance zone.
The move projects a 5.19% gain (~778.5 pips) from the current setup.
Trading Idea Summary:
Entry: Around the “Diamond Zone” after a successful retest.
Confirmation: Watch for bullish candlestick patterns or a break above EMA 200.
Target: 147.838
Stop Loss (implied): Below the Diamond Zone (~140.000)
Pales support boost 🚀 analysis follow)
BTC/USD Analysis – Strong Demand Zone Breakout or Reversal Chart Timeframe: 15 Min
Indicators Used: LuxAlgo Supply & Demand, Visible Range Volume Profile
Current Price: $95,554
Support Zone: $95,631 - Key demand zone (highlighted in orange)
Resistance Levels: $96,786 and $97,727
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Analysis:
Bitcoin is currently sitting right at a high-volume demand zone ($95,631), which has acted as strong support recently. Price is testing this level aggressively.
Two possible scenarios are in play:
1. Bullish Reversal:
If bulls defend this zone, we could see a bounce back toward $96,786, and possibly a retest of the $97,727 supply zone. This area aligns with previous sell pressure and high volume, making it a solid take-profit zone for long scalpers.
2. Bearish Breakdown:
A clean break and candle close below the orange demand zone may signal further downside, with the next logical support not shown on this chart (could be referenced in a follow-up post). Look for high-volume confirmation on the breakdown.
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Trade Idea:
Long Entry: On bullish confirmation (e.g., bullish engulfing or demand hold at $95,631)
Target 1: $96,786
Target 2: $97,727
Stop Loss: Below $95,400 (depending on risk tolerance)
Bias: Neutral – waiting for confirmation
Market Reaction: Watch how price behaves in the next 2-3 candles at this key zone.
COW ANALYSIS🚀#COW Analysis : Pattern Formation
🔮As we can see in the chart of #COW that there is a formation Inverse Head And Shoulder Pattern and it's a bullish pattern. If the candle breaks and sustain above the neckline then a bullish move could be confirmed✅
🔰Current Price: $0.2790
⚡️What to do ?
👀Keep an eye on #COW price action. We can trade according to the chart and make some profits⚡️⚡️
#COW #Cryptocurrency #TechnicalAnalysis #DYOR
Filecoin Slips Below EMA 50 – Testing the BullsFilecoin just closed under the EMA 50 – a key short-term dynamic support.
EMA 50 broken = short-term weakness
EMA 100 overhead = trend pressure still heavy
Volumes fading — conviction drop?
This is a zone where weak bulls are forced out, and strong hands prepare.
The trend doesn’t care about hope. Stay mechanical.
Still watching $2.60 – $2.65 as the final defense line.
#FIL #QuantTrading #AlgoSignals #EMASetup #Filecoin #CryptoTrading
BTCUSDT – Small Bullish Setup Forming Above Key SupportBitcoin is currently holding above a strong support zone marked by a Break of Structure (BOS). After a healthy retracement, price is respecting this demand area and may be setting up for a move higher.
✅ Support Zone Holding (Purple Box)
🔁 Retest of Breakout Level (BOS)
📈 Potential Move to $97,950+ if momentum continues
Short-term bulls may look for confirmation signals around the support zone. Keep an eye on price action in the next few candles!
#BTCUSDT #Bitcoin #CryptoSetup #TechnicalAnalysis #SupportZone #BreakOfStructure #TradingPlan
a bull trap?A bull trap in trading refers to a situation where a stock or other asset appears to be breaking out upwards, attracting buyers (thinking it's going to continue rising), but then the price reverses and starts to fall. Essentially, it's a false signal of an upward trend, tricking traders into thinking it's safe to buy, only for the price to drop soon after.
Here’s how it typically works:
Upward Movement: The asset experiences a strong price movement to the upside, making it look like a breakout.
Fake Confirmation: Traders interpret this as a signal that the asset is starting a new bullish trend, so they jump in to buy.
Sudden Reversal: After a short period of gains, the price reverses direction and starts to drop, trapping the traders who bought in.
Losses: The traders who entered during the "trap" are now stuck with losses, as they bought at the higher price and the asset's value starts to fall.
Bull traps are a danger to traders who rely on technical indicators or breakouts without confirming broader market conditions. It's important to wait for confirmation signals before jumping in on a trade, as bull traps can lead to significant losses if not recognized early.
Watch out zone this support zone if the price of bitcoin can hold abot 92589 we can see that the price of Bitcoin is bullish
breaking down this area we may see retest down to 85k level
Btcusd analysis sell zone To determine the reason behind selling BTCUSD at $96,313, let's analyze the current market situation.
*Current Price:* The current price of Bitcoin (BTC) is $95,715.99, with an open price of $96,405.96 and a high price of $96,593.00.
*Price Movement:* The price has dropped by $689.96, representing a 0.72% decrease.
*Possible Reasons for Selling:*
- *Market Volatility:* The recent price drop might have triggered a sell-off, as traders try to minimize losses or secure profits.
- *Technical Analysis:* Traders might be selling based on technical indicators, such as resistance levels or trend reversals.
INDIAN HOTELS CO. LTD S/RSupport and Resistance Levels:
Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down.
Breakouts:
Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold.
Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying.
MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) :
Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum.
Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum.
Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set.
Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward.
Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop.
Disclaimer:
I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
USNAS100 SHORT SETUPThe USNAS100 4-hour chart shows a bearish setup following a clear rejection at resistance. A rising wedge pattern has broken to the downside, indicating a shift in momentum. Technical indicators support the bearish bias, with price falling below trendline support and moving toward key support zones. The first target point is 19,250, where minor support exists. Continued selling pressure could push price further to the second target point at 18,400. The setup offers a favorable risk-to-reward ratio, with bearish signals aligning for a potential short trade opportunity. Risk management is advised above resistance.
Entry: 20,000
Target Points: 19,250 and 18,400