Descending Channel

Is This a Good Area to Trade??? Hello, traders. If you follow me, you'll be able to receive new market updates and analysis as soon as they're posted. Wishing you a successful trading day. ================================================== ■ LONG-TERM WAVE STRUCTURE : STILL IN WAVE 1 From a long-term wave perspective, the current bullish move can be interpreted as Wave 1 of a larger bullish cycle. In other words, this does not appear to be a mature stage of the long-term uptrend. Instead, the market may still be in t

Below 0.930: Entering the Mid- to Long-Term Investment Zone Hello, traders. If you follow me, you'll be able to receive new market updates and analysis as soon as they are posted. Wishing you successful trading today. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ ■ Mid- to Long-Term Outlook: Watch Below 0.930 As the price has fallen below the **1.50–1.9669 range**, the market is moving closer to a potential mid- to long-term accumulation area. In particular, ▶ **Below 0.930** a further decline could bring the price into a more significant **Mid- to Long-

USDCAD outcome USDCAD has been moving in the descending channel. Currently by the lower TrendLine and by a SUPPORT zone. Waiting for confirmation from buyers to go LONG as we arrived in the LONDON session.

by SETLifeTrading

ADA Key Zone: 0.1679 ~ 0.1973 Hello, traders. Thank you for following my analysis. If you "Follow" me, you'll be able to receive new market updates as quickly as possible. Wishing you successful trading today. ================================================== * Key Zone: 0.1679 ~ 0.1973 * Key Volume Profile Level: 0.1813 * Upper Breakout / Support Confirmation: Around 0.1973 * Lower Breakdown Level: 0.1679 ================================================== ADA moved above 0.1971 but failed to establish support

ETHUSDT - Consolidation Before Distribution BINANCE:ETHUSDT is attempting to hold above the 1,850 support level in the medium term, which was previously broken resistance. The reaction to support is weakening, while the broader market remains in a bearish trend Bitcoin remains stagnant and range-bound. Globally, the market remains in a bearish trend, with no fundamental support in sight. A decline in the market leader could trigger further downside in Ethereum. The altcoin is consolidating within a symmetrical triangle. The market i

ETH: Can It Hold Support Around 1,861.57? Hello, traders. Thank you for following my analysis. If you follow me, you can receive new market updates as soon as they are published. Wishing you successful trading today. ================================================== ■ BTC and ETH: Similar Price Action, One Key Difference ======================================================= BTC and ETH are the two major assets representing the crypto market. Their price movements therefore have a significant influence on overall crypto marke

USDCAD outcome USDCAD is at a SUPPORT zone and the bottom of the descending channel. Waiting for confirmation for some price action Scalping & Day Trading on the pullback. Major news are also on the way so watch out for liquidity grab.

by SETLifeTrading

BITCOIN - A false breakout before a decline BINANCE:BTCUSDT.P closed within the 62,000–66,000 range. Liquidity zones have formed around the consolidation boundaries, but buyer weakness could potentially trigger a decline toward the areas of interest There is no fundamental support in the market, while the geopolitical backdrop is exerting excessive pressure. Technically, Bitcoin remains stagnant and trapped inside a sideways range that is developing within the broader global bearish trend. Simply put, the market is consolidating. Th

Bitcoin to continue it's decline!on 30 minute timeframe there is a presence of declining channel, which price is following religiously and seems like prominent way through which we could figure out the up coming moves on BTC. Currently price can be seen taking support of the channels lower boundary and expected to show an up-move which might lead price to retest the level of 63600 or the upper boundary of the channel, however taking longs could be avoided as over all trend is bearish & taking shorts would have better odds of s

by CrazyTrades247

GOLD FINAL SPRINT — WATCH LAST PUSH BEFORE DISTRIBUTION Is Gold truly continuing higher, or is this a final sprint to grab liquidity before entering a distribution phase? 📌 Market Development What stands out most to me right now is how difficult the price structure has become to trade: Shallow pullback → price pushed higher → SELL stops swept → deep retracement → LONG positions swept → another push higher. Gold continues to form very shallow pullbacks, giving buyers almost no attractive entry points. At the same time, each push higher can sweep S

KEY QUESTION: CAN SPCX BREAK ABOVE 145.30 ~ 154.60? Hello, traders and investors. Follow me to receive the latest market analysis and updates as quickly as possible. Wishing you a successful trading day. ──────────────────────────────────── ▶ SPCX CHART ──────────────────────────────────── ■ CURRENT MARKET STRUCTURE ──────────────────────────────────── Since SPCX has only a limited amount of trading history, the support and resistance levels currently visible on the chart may not yet have strong reliability. Therefore, extra caution is re

SOLUSDT - Readiness for a decline amid a bearish trend On the daily timeframe, BINANCE:SOLUSDT remains in a state of stagnation within a broader bearish trend. At the same time, the market is beginning to show signs of a potential shift in momentum back toward sellers Bitcoin is facing renewed pressure, which is reinforcing the bearish sentiment across the crypto market. Further weakness in the flagship asset could trigger additional downside across altcoins. SOL is approaching a key trigger at 75.66. A breakdown below this support would confirm

Bitcoin Breaks Descending Channel: Is $66,000 the Next Target?Bitcoin ( BINANCE:BTCUSDT ) has successfully broken above the Descending Channel and the key trading level of $64,000. Over the past 24 hours, BTC has been fluctuating inside a small Ascending Channel as traders remain uncertain about the next major direction. Can Bitcoin maintain its bullish structure and break above the Resistance Zone? Technical Analysis Bitcoin’s choppy price action reflects market indecision about whether the current bullish trend can continue. However, the breakout ab

Building Momentum for a Move Above 82.79 Is the Key Hello, traders. If you follow me, you'll be able to receive new market updates and analysis as soon as they are posted. Wishing you a successful trading day. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ ■ SOL Key Support & Resistance Zone SOL is currently trading near one of its most important support and resistance zones: ▶ 58.38 ~ 68.20 If SOL establishes solid support around this area, the probability of a medium- to long-term trend reversal could increase significantly. On the other hand, i

GOLD - Retest of 4400. Waiting for a false breakout ICMARKETS:XAUUSD is showing local bullish momentum, but price is approaching a major resistance zone at 4382–4400. At the same time, the U.S. dollar remains weak, although its current consolidation continues to create pressure across the markets The fundamental backdrop remains unstable. Geopolitical risks continue to support the dollar, while expectations for further Fed rate hikes have weakened. Against this mixed backdrop, gold remains within a broader bearish trend. Gold is consolidati

Key Volume Profile Level : 1.020 Hello, traders. Follow me to get the latest market analysis as soon as it is published. Wishing you successful trading. ================================================== ■ ENS - Key Level to Watch ENS has moved up toward the key Volume Profile level around 1.020. The most important question now is not simply whether ENS can break above 1.020, but whether it can: "Flip 1.020 into support and hold above it." If price confirms support around 1.020, the probability of another upside move

ETH Next Volatility Window: Around August 12 (Aug. 11-13) Hello, traders. Follow me to stay updated with the latest market analysis. Wishing you successful trading. ============================================================ ■ ETH VOLATILITY WINDOW: AROUND AUGUST 12 Following the end of BTC's short-term volatility cycle, the next major volatility window to watch is ETH. Expected volatility window: ▶ Around August 12 ▶ Estimated range: August 11-13 ETH is currently attempting to rebound from its lower price zone. However, for this move to de

The next volatility period to watch is around August 12th Hello everyone, Welcome back, traders. Follow my profile to receive new market analyses as soon as they are published. I wish you all successful trading today. --- At the moment, Bitcoin appears to be approaching the end of its short-term volatility cycle around August 5. Although Bitcoin's next major volatility window is expected around August 18, Ethereum's volatility window is projected to occur around August 12. For that reason, it will be important to closely monitor the market begi

GOLD - A short squeeze could lead to a correction ICMARKETS:XAUUSD is advancing during the Asian session as part of a distribution phase, testing the 4166–4195 resistance zone. The move is being driven by Western comments regarding negotiations in the Middle East. However, Iran has yet to respond, leaving geopolitical uncertainty elevated. The U.S. dollar remains in consolidation following last week's decline, which was largely triggered by intervention in the Japanese yen. Gold showed little reaction to the weaker dollar and continued tr

Bitcoin Under Pressure: Can Bulls Defend $62K?Bitcoin ( BINANCE:BTCUSDT ) remains under pressure despite easing tensions between the U.S. and Iran and lower bond yields. Over the past 48 hours, reports of expanded attacks targeting Coldcard wallets, Strategy’s BTC sale, and continued weakness in U.S. investor demand have added further uncertainty to the market. With Bitcoin now testing an important Support Zone, can buyers trigger a recovery toward $63,560, or is another decline approaching? Market Outlook Reports indicate that attacks

GOLD - Consolidation Amid a Bearish Trend ICMARKETS:XAUUSD remains trapped within the 4022–4116 trading range as markets await the next major economic catalysts. From a technical perspective, however, the broader bearish trend continues to dominate The U.S. dollar has weakened following renewed strength in the Japanese yen, driven by intervention efforts. Despite this, gold has shown only a muted response to the decline in the DXY. Fundamentally, the metal remains under pressure, with the market still favoring a move toward the 40

First Support Zone: Around 0.04888 Hello. Nice to meet you, fellow traders. If you “Follow,” you can quickly check new chart analyses. I hope you have a successful trade today. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ ZAMA is a project that applies Fully Homomorphic Encryption (FHE) technology to blockchain. The core of FHE is that smart contracts can perform computations even without decrypting the data. In other words, it allows for the processing of necessary calculations and verifications on-chain without disclosing the ori

UNI(Uniswap): The Last Chance to Buy at the Bottom? Hello, traders. ⭐ If you "Follow" us, you can receive new analysis and market trends quickly. 💰 We wish you successful trading today. ━━━━━━━━━━━━━━━━━━━ 🔥 Is UNI preparing to break out of its long-term bottom? UNI (Uniswap) is a representative DEX (Decentralized Exchange) in the Ethereum ecosystem. With the DEX market growing steadily recently, it appears that UNI has also entered a position where it can once again attract attention from a long-term perspective. ━━━━━━━━━━━━━━━━━━━━ 📈

GOLD - The bearish trend continues ICMARKETS:XAUUSD remains in a medium-term bearish trend. The recent attempt to break above 4116 failed, and the market has once again transitioned into a selling phase Gold is currently caught between geopolitical tensions, which tend to strengthen the U.S. dollar, and expectations surrounding upcoming central bank decisions. The next directional move will largely depend on developments in the Middle East and signals from the Bank of Japan. A continued hawkish stance from the Federal Reserve