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Trend Analysis

BTC/USDT Quick Update – May 4 #2Rising Wedge Pattern Identified – Price is currently trading within a rising wedge on the 4H chart, often considered a structure worth monitoring for potential volatility. Price Near Local Resistance (~ GETTEX:97K ) – BTC is reacting around the GETTEX:97K zone, a level where price has previously stalled, suggesting possible decision-making by market participants. RSI Around 47 – RSI has cooled from higher levels and is now neutral, indicating a balance between buyers and sellers at this stage. Parabolic SAR Above Candles – SAR dots are now positioned above price, typically signaling a slowdown in recent upward momentum. ADX Reading Below 20 – A low ADX value suggests the current trend lacks strong directional strength, implying potential for sideways or corrective movement. Volume Not Supporting Recent Move – As price climbed, volume remained relatively low, which can indicate a lack of strong participation behind the move. Key Levels to Watch – Support: $95K (wedge base), GETTEX:92K (prior demand zone) – Resistance: GETTEX:97K (local), $102K (major overhead zone) What to Monitor – A break above GETTEX:97K could lead to a retest of higher zones. A break below $95K might open up a move toward $92K. Watching for confirmation either way.
by MyTradingJournal6th
2
Natural Gas: Watching for a Break Above 3.40 to Re-Enter LongOverall, I remain bullish on natural gas, as I mentioned yesterday, and even entered a position. However, I didn’t hold through the entire move. There are definitely some issues with overtrading that I need to work on. At the moment, I’m out of the market and considering a re-entry only if yesterday’s high at 3.39 is broken. If the price moves above 3.40, I plan to re-enter the position, targeting the 3.60 level.
CAPITALCOM:NATURALGASLong
by kventinka
Eth looking promising for a bull runHi guys, I do these charts often as I'm interested and it's a nice challenge to read. If you like my content please give it a boost it helps so much. Eth is looking very bullish, its an important change of direction with a double upward take as you can see, its jumped 10% in the past month. That's significant. If you are wondering if it's too late, it's not, its still 50% than beginning of year. Ethereum is becoming more and more popular with gaming, and viable transanctions. Much more than bitcoin. You have to be in the industry to understand it. It's the best P2P ever built. It's not gonig anywhere, it's here to stay. In my opinion its a solid investment.
COINBASE:ETHUSDLong
by patrick58
Key pressure point of gold price on Monday: 3275Key pressure point of gold price on Monday: 3275 1: Falling below 3275, overall bearish + shock range (3220-3260) 2: Gold price still has room to fall, technical aspect: 3220-3200-3170-3100 3: Gold price may enter a wide range of shocks, shock range: 3200-3360 Therefore, our strategy is: 1: When the gold price breaks through the 3200 mark, we go long on gold at the lowest price, and the stop loss is set near 3200 2: When the gold price falls below the 3275 mark, we go short on gold at the highest price, and the stop loss is set near 3280 3: Once the gold price stands firm at the 3275 mark and continues to break through the 3275 mark, you can consider chasing the rise, and the stop loss is set near 3260. 4: Once the gold price breaks through the 3200 mark of 3275 and continues to run below 3200, you can consider chasing the decline and set the stop loss near 3200. Then, considering the 1.2 strategy comprehensively, it is the most reliable strategy at present. Let's review the current fundamentals: What has Trump been busy with in the past 24 hours? 1. Plan to cancel Harvard University's tax exemption status 2. Call for tax cuts 3. Canadian Prime Minister will go to the United States to meet with Trump next week 4. Announce the 2026 budget 5. Try to squeeze the revenue of pharmaceutical companies to pay for tax cuts 6. Put pressure on Mexico 7. Release an AI-synthesized "Pope Photo" Conclusion: Brave people enjoy the world first
OANDA:XAUUSD
by Louisa00112
ASAHI SONGWON : Chart Pattern Breakout#ASAHISONG #cupandhandle #chartpattern #breakout #swingtrade #swingtrading ASAHISONG : Swing Trade >> Chart Pattern Breakout soon >> Cup & Handle Visible >> Volumes Dried up >> Good Strength in Stock Swing Traders can lock Profit at 10% and keep Trailing Disc : Charts shared are for study Purpose & not a Trade Recommendation Pls do uour Own Analysis or Consult ur Financial Advisor before taking any position, Dont go all in...plan ur Trades with Proper Position Sizing, Risk Management and clear plan.
NSE:ASAHISONGLong
by moneyfesttrading
GBPNZD At a important pointAccording to the GBPNZD situation it's a important price. because : 1. The waves shows that the slop of bearish legs is increasing and the time of bullish legs is increasing too. these two contradict each other. 2. we have a bullish trend line and a support level (2.20911 -2.21792) at the daily timeframe that price can revers there. 3. also we had a strong bearish movement. and above price is a resistance level (2.23268) too. these all shows that we should have two scenarios : 1. after a good candlestick on the support level (2.20911 -2.21792) and trendline and break the resistance level (2.23268) in daily or 4H timeframe we can buy. 2. after breaking the support level (2.20911 -2.21792) and the trendline with a strong bearish candle at daily or 4H timeframe we can sell. the targets of both scenarios is evident. after the scenarios happen i will update the analysis. It's just my personal analysis and I have no responsibility for your trades. thanks for your attention.
by Arco-ir
2
Nasdaq – Daily Breakout Alert!📈 Nasdaq – Daily Breakout Alert! Wonderful breakout spotted on the Nasdaq Daily Chart after a prolonged consolidation of nearly 2 months. If the price sustains above 19,945 and breaks past the key resistance at 20,060, we could witness the beginning of a fresh rally in the index. 🔍 All eyes now on the price action in this critical zone. Continuation above these levels could trigger strong bullish momentum — assuming no major global turmoil disrupts the setup. #NASDAQ #Breakout #TechnicalAnalysis #USMarkets #BullishSignal #ChartWatch #TradingView
CME_MINI:NQ1!
by ispark4u
CNERGY | Rising Wedge & Bearish Divergence!Two sign of danger Rising Wedge Pattern and Bearish Divergence with Volume indicator Rising Wedge Pattern: Characteristics: Converging trend lines with higher highs and higher lows, narrowing range. Interpretation: Bearish reversal pattern, weakening buying pressure. Trading Strategy: Short selling after break below lower trend line, set stop-loss above upper trend line. Confirmation: Decreasing volume and other indicators like RSI or MACD can add to bearish implications. Bearish Divergence with Volume: When you see a price increase accompanied by decreasing volume in technical charts, it's often considered a bearish sign. Weakening upward momentum: Decreasing volume during a price increase can indicate that the upward momentum is losing steam. This could be due to a lack of buyers or interest in the stock at current prices. Potential reversal: A price increase on low volume might suggest that the trend is about to reverse. If there's not enough buying pressure to sustain the price increase, sellers might step in, causing prices to drop. False breakout: Decreasing volume during a price increase can also indicate a false breakout. If the price breaks out above a resistance level on low volume, it might not be a genuine breakout, and prices could fall back below the resistance level.
PSX:CNERGYShort
by mbaberhanif