Analysis:
Bitcoin has pushed back to a major resistance zone after breaking the short-term downtrend line. Price is now testing supply, making this a decision point.
Bullish case: A clean breakout and retest above this zone could send BTC toward 113,500 – 114,000.
Bearish case: Failure to break may trigger another drop back toward 110,200 – 109,200...
Analysis:
NAS100 rejected from trendline resistance and broke below the rising channel, confirming bearish momentum. The rejection zone aligns with previous supply, and price is now pushing lower.
Resistance held at 23,450 – 23,500
Break below structure adds confluence to bearish bias
Next support area sits around 23,200 – 23,150
Outlook:
As long as...
There is a clear Head and shoulder pattern on the Daily time frame. Was too lazy to drop this earlier before the boost to the upside. Apologies.
What do you guys think?
Analysis:
GBPJPY has recently tested the 199.400 daily resistance zone and failed to break higher. On the daily timeframe, we can clearly see the formation of a Double Top (M pattern), which often signals exhaustion in bullish momentum.
Price rejected strongly from the resistance area, confirming sellers are defending this level.
The break below the...
