Jack-Mastermind

Jack-Mastermind

SEIUSDT recently broke above a long-term descending trendline, showing signs of bullish momentum. However, after testing the resistance zone at $0.2165 – $0.2282, the price faced strong rejection and sharply reversed. 🔍 Key Levels to Watch: Resistance: $0.2165 and $0.2282 Support Zones: $0.1800 – First Major Support $0.1727 – Intermediate Zone $0.1644 –...

Jack-Mastermind Updated 

Bitcoin is showing strength after bouncing from the lower boundary of the descending channel. Price action has respected the key support zone (101,100–103,000) and is now targeting higher levels. 🔹 Pattern: Descending Channel Breakout in Progress 🔹 Support Levels: 103,095 – 101,103 🔹 Next Resistance Targets: 106,561 108,386 🔹 Potential upper boundary at...

Jack-Mastermind Updated 

Litecoin is forming a bullish setup after a prolonged consolidation phase within a defined range. The price is approaching the key support level of $81.36, which has held multiple times. Technical Overview: Price is consolidating between $81.36 support and $88.82 resistance Structure suggests a potential rebound from support Breakout above $88.82 may open the...

Jack-Mastermind

Overview: Price action on this GBPJPY pair has broken below a well-respected ascending channel, signaling potential downside momentum ahead. We’re seeing early signs of a trend shift, supported by lower highs and a drop below previous support zones. Key Levels to Watch: Resistance Zone: 193.780 – 194.000 A rejection from this area could confirm bearish...

Jack-Mastermind

Hello traders, Here’s a clean breakout setup I’m watching closely on GBP/USD. Market Structure: Price recently broke out of a consolidation zone and has now formed a higher high, indicating bullish momentum. We saw a breakout above the descending trendline, which had previously acted as resistance. Price action is currently hovering around the 1.3430–1.3440...

Jack-Mastermind Updated 

The USD has recently broken out of a well-respected parallel channel, signaling potential bullish momentum ahead. After a period of consolidation, price action surged, currently trading above the key resistance zone around 108.924. Key Levels to Watch: Support Zone: 108.047 – a crucial level that may act as a springboard if retested. Secondary Support: 107.376...

Jack-Mastermind Updated 

We’re seeing a well-structured breakout from a descending channel after a prolonged consolidation phase. Here's the breakdown of the current setup: Key Observations: Break of Structure (BOS) followed by consolidation shows seller exhaustion and buyer strength building. Price has broken above the descending trend line and retested it as support. Strong bullish...

Jack-Mastermind

Pair: EUR/USD (or your specific pair - please adjust if needed) Technical Breakdown After a period of consolidation in early May, followed by a decisive pullback, price action has transitioned into a strong bullish structure forming a well-defined parallel ascending channel. We are currently seeing momentum continue to build, with price breaking above a key...

Jack-Mastermind Updated 

After a long period of price compression within a parallel descending channel we have now witnessed a Break of Structure (BOS) to the upside, signaling a potential trend reversal Key Observations Parallel Channel Breakout The price broke out of the descending channel with strong bullish momentum. BOS (Break of Structure): Confirmed at the lower end,...

Jack-Mastermind Updated 

Hello Traders, Here’s a breakdown of a potential bullish setup forming on the JPY chart. Let’s walk through the key technicals: 1. Market Structure: We initially saw a Break of Structure (BOS), followed by a consolidation phase. The market formed an ascending channel, which eventually broke down with strong momentum. A pullback occurred after the drop, but...

Jack-Mastermind

Here’s a clean technical setup I’m watching closely on the CAD pair. We’ve seen a strong rejection from the top of the ascending channel, with the price now breaking below key structure levels. Let’s break it down: Key Observations: Consolidation zone early May gave way to bullish momentum. Price peaked within an ascending channel, but failed to maintain the...

Jack-Mastermind

The EURAUD pair has just broken out of a parallel descending channel, signaling a potential trend reversal. After weeks of consolidation and lower lows, price has now breached key resistance at 1.7507 and is testing the 1.7565 level. Key Observations: Price broke above the upper boundary of the descending channel. Previous resistance at 1.7507 is now acting...

Jack-Mastermind

We’re currently watching a potential bearish setup unfold, following a solid bounce from the recent low around 3,126 USD. Here's a breakdown of what I'm seeing: Chart Insights: The price was previously trading in an ascending channel, which broke down sharply. After forming a Flat Top Bottom pattern , the market rebounded strongly. We’re now consolidating...

Jack-Mastermind

Overview: In this chart, we’re observing a classic price action setup, highlighting a potential bearish continuation after a structure break and failed bullish momentum. Key Observations: Break of Structure (BOS): Price broke below the consolidation zone, signaling a shift in momentum. Consolidation Zone: From April 24–May 1, the price ranged within a...

Jack-Mastermind Updated 

Price has been respecting a clear downtrend after a significant 1.73% drop (-275 pips). Following the breakdown, we saw a pullback to retest the trendline, which held as resistance. Now, price is consolidating tightly between 1.56182 support and the 1.56646 resistance zone. A breakout from this range could provide the next direction. Bullish Breakout...

Jack-Mastermind

After a prolonged downtrend within a descending structure, price has shown signs of a market shift. We’ve seen a Break of Structure (BOS) and a Change of Character (CHoCH), suggesting bearish momentum is weakening. Price is now testing a key resistance-turned-support zone around 57.83–60.09 and has started to form higher lows. A trendline breakout is in...

Jack-Mastermind Updated 

After a strong breakout above the previous consolidation zone, price met resistance near the $3,383 area. However, the bullish momentum appears to be fading, with the price currently dropping back into the previous range. Key Observations: The breakout failed to sustain above resistance, signaling potential exhaustion. Price has re-entered the prior...

Jack-Mastermind Updated 

Price action has delivered a textbook bullish breakout after forming a strong double bottom around early April, signaling a shift in market sentiment. Following that, the price consolidated in a tight range before decisively breaking out, marking the start of a new bullish structure. Key Technical Highlights Parallel Channel The downtrend was well-respected...