Parallel Channel

$BTC CME Gap Filled with Bearish Divergence TALK ABOUT PINPOINT LASER ACCURACY 🎯 As I mentioned yesterday, CRYPTOCAP:BTC closes the Day at the top of the parallel channel which filled the CME Gap and is now being rejected. Note the Bearish Divergence with the RSI. Who's your daddy now? 🤑

I like LCID in this bearish state So I'm a fan. I would love to earn a Lucid car through an investment. This is the time to research and find my reasons why. A falling channel is bearish. A beautiful play from the top to bottom of the channel. Looking for some sideways action. Would love to see LCID dip below $5 for some shares. I'll see what I can figure out. My current plan is to buy and hold dips. I'm anticipating a pop off of the bottom of the channel. However I see that the last time lower channel line was tested, LCID ranged for 2 years. That could be a good strategy to build some shares up to sell when Lucid lovers everywhere give them their flowers. I'll post as I get more intel.

NDCHF SELL-OFF, sell OANDA:NZDCHF price in PA, we are have fail H&S pattern and fail DESCENDING CHANNEL. from here expecting new bearish. SUP zone: 0.46150 RES zone: 0.45200, 0.45000

EURNZD higher bearish for expect OANDA:EURNZD DESCENDING CHANNEL pattern visible, strong events we are have, expect and from them impact, here having higher bear view for today. SUP zone: 1.99200 RES zone: 1.96700, 1.96000

XAUUSD: Descending Channel Keeps Pressure on Price, 4,510 Aim Hello everyone, here is my breakdown of the current XAUUSD setup. Market Analysis Gold previously traded inside a downward channel, forming lower highs and confirming sustained bearish pressure. After reaching a local bottom, price reversed and broke out of the structure, shifting into a bullish phase and forming an upward channel with higher lows. Currently, XAUUSD is trading in a descending channel after a consolidation phase below the 4650 resistance zone, approaching the 4510 support zone. My Scenario & Strategy As long as price remains inside the descending channel and below resistance, the bearish scenario remains valid. I expect a rebound from the resistance zone and a continued decline in price to the support level of 4510 (TP1). However, if price breaks above the 4,650 resistance and exits the channel, the bearish outlook would be invalidated, opening the path for a potential recovery. That’s the setup I’m tracking. Thank you for your attention, and always manage your risk.

Bitcoin Forms Lower Highs Near 78K – Downside Likely To 75.4K Hello traders! Here is my technical outlook based on the current BTCUSDT (3H) chart structure. BTCUSDT previously moved within a descending channel, confirming bearish pressure. After reaching a bottom, price reversed and broke out of the channel, initiating a strong bullish move supported by an ascending trendline. Currently, price is trading below the 78,000 seller zone, while holding above the 76,000 buyer zone. A new descending channel has formed near resistance, and recent breakouts followed by rejection indicate increasing selling pressure. As long as BTCUSDT remains below 78,000 and respects the descending resistance line, the bearish scenario remains valid. A rejection from this area could push price toward the 75,400 support (TP1). Please share this idea with your friends and click Boost 🚀

EURUSD Head & Shoulders Formation - Signals Potential Drop Hello traders! Here is my technical outlook based on the current EURUSD (4H) chart structure. EURUSD previously traded within a descending channel, showing consistent lower highs and bearish pressure. After a breakdown below the channel, price found support and initiated a recovery, forming an upward move. Currently, price is trading below the 1.1720 seller zone, while holding above the 1.1620 buyer zone. A head and shoulders pattern has formed near resistance, and recent rejections suggest increasing selling pressure. As long as EURUSD remains below 1.1720 and respects the resistance zone, the bearish scenario remains valid. A rejection from this area could push price toward the 1.1620 support (TP1). Please share this idea with your friends and click Boost 🚀

dxy I had to wait till market open before I'll drop my analysis. I was cautious about the gapping behavior of the dollar. Reacting from HTF demand(weekly). Await LTF sweep + displacement for buys. If price accepts below invalidation (close + continuation), flip bearish. No confirmation, no trade.

by manuchimsoernest

$BTC Hanging Man Weekly Close At Top of Channel As suspected, ₿itcoin made a strong push towards $80k to try and fill the CME Gap, but missed filling any portion of it. We could still see one more push to flush out shorts and fill the gap, otherwise this is most likely the local top. CRYPTOCAP:BTC has closed the Week with a Hanging Man candle which suggests a trend reversal, and is near the top of the parallel channel. Waiting for a few Weekly Closes below ~$75k for confirmation.

AAVE double top head & shoulder range consolidation AAVE is consolidating back into its shoulder range after a double top head and shoulder pattern breakdown from the neckline (middle cyan line). Watch for price movement and volatility within the shoulder channel range (purple band) towards the upper neckline (cyan line), the mid-band floor (orange midsection), and the bottom floor of the band (red line).

by epic_chart_guy

BTC approaching the 200SMA 83K level BTC has been in a channel from its previous low making lower highs and higher highs. The price seems to want to retest the previous resistance which was also the previous lower lows. In this case one would call it change of character. The price actions and the momentum tell a different story. As the price accelerates to the next supply, the moment is diminishing and showing signs of divergence in the short term. The AB=CD pattern shows a possible scenario when BTC retest that area and would only be valid when the C point develops and gets rejected. The C point coincided with two other technical trends. It's near the 0.618 Fib retracement. The price has recovered in choppy way and took much longer period to recover its 50-70% from its previous low. It also coincides with the 200SMA area known for price rejection during the bear market. Price moves faster from higher averages like 10, 50 but slows down and allows the slower averages to catch up. We see this as the price moves towards the 200SMA. As price develops this change of character it invites more traders to enter long just to get trapped and reversed, liquidity is needed for this to mature. Conditions need to be met for price to go lower than its previous low. NFA, these are my opinions and are not intended as a financial advice.

BTCUSDT Short: Descending Channel Points to Further Decline Hello traders! Here’s my technical outlook based on the current BTCUSDT (1H) chart structure. Bitcoin previously traded inside a range after exiting a descending channel. After reaching a pivot point near the upper boundary, price reversed and entered a new descending channel, confirming bearish pressure. Currently, price is trading below the 76,500 supply zone, which acts as resistance, while moving downward toward the 75,000 demand zone. A recent breakout and rejection from the supply area highlight strong selling pressure and continuation signals. As long as BTCUSDT remains below the 76,500 resistance and respects the descending channel, the bearish bias remains valid. A continuation to the downside could push price toward the 75,000 support (TP1). Manage your risk!

by heniitrading

Bitcoin Under Pressure – Short Toward 74.500$ Possible Hello traders! Here is my technical outlook based on the current BTCUSDT (2H) chart structure. Bitcoin previously traded within a range, showing consolidation before breaking out and shifting into an ascending channel with higher lows. The bullish structure was supported by multiple bounces from the rising support line. Currently, price is moving inside the ascending channel and approaching the 78,000 resistance zone (seller zone), where a range has formed and a recent drop indicates selling pressure. As long as BTCUSDT remains below the 78,000 resistance, the bearish scenario becomes valid. A rejection from this zone could push price toward the 74,500 support (TP1), which aligns with the lower boundary of the channel and the buyer zone. Please share this idea with your friends and click Boost 🚀

DXY: 12M SFP at Macro Resistance The U.S. Dollar Index is printing a textbook structural breakdown on the 12-month timeframe. Price swept all-time resistance and failed to hold — forming a swing failure pattern with a bearish engulfing candle at the macro ceiling. This is not a minor pullback inside a trend. This is a rejection at the highest distribution zone on the chart. Price is now declining inside a corrective ascending channel that dates back decades. The structure is intact, but the character of price action has shifted. Lower highs into resistance. Selling pressure absorbed, not reversed. The 110.31 level remains the key reference. As long as DXY trades below that zone, the macro environment favors risk assets and hard money. What this means for BTC and gold: Dollar weakness is the single largest macro tailwind for both. Every leg lower in DXY has historically corresponded with expansion in BTC price and continued demand for gold as a reserve alternative. The regime is not bullish dollar. It is bearish dollar until structure proves otherwise. Watching for continuation inside the channel with a primary scenario targeting the lower channel boundary on the 2M timeframe.

by TheChartWhisperr

1320 Weekly breakout 1320 Broke out of a descending channel that it was following since March 2024. If it is able to breakout above 58-59 it has huge potential upward. Should stay above 50.5 (SL) for this swing for now. Some intermediate resistances marked as partial profit taking levels, with eventual target of 78 for now. Will evalute it along the road as it moves forward.

NZDCAD Short Opportunity in Bear Trend Bear Trend Descending Channel Continuation Pattern No bullish divergence Instant sell at channel top SL at last LH TP at RR 1

Trade Plan: GBPCHF Trade Plan: GBPCHF • Direction: Short • Entry: 1.06566 • Stop Loss: 1.06775 • TP1: 1.06345 • TP2: 1.06165 • TP3: 1.06000 Take partial profits at each target, then trail stop to protect profits. Not financial advice.

by Jasmine-Flower

GOLD - A pullback before the drop. 4,500?FX:XAUUSD remains in a bearish trend; the retest of 4,650 (the daily resistance level) ended in a decline amid profit-taking... A hawkish shift by central banks: the Fed, the ECB, the Bank of England, and the Bank of Japan are signaling a possible rate hike due to inflationary risks caused by the energy shock in the Middle East. This fundamentally weighs on gold as a non-yielding asset. Despite the dollar’s temporary weakness, the fundamental backdrop remains bearish for gold. The path of least resistance for XAU/USD is down. The nearest reference point is the ISM Manufacturing PMI data Resistance levels: 4600, 4605, 4646 Support levels: 4554, 4541 Key support zone: 4570–4550. A retest of support shifts the balance of power, and a breakout could trigger a correction to 4600–4610 to retest the imbalance zone. A break below the specified resistance could trigger a further decline to 4550–4500 Best Regards, R. Linda!

EURUSD: Continues Move in the Downward Channel - Eyes On 1.1650 Hello everyone, here is my breakdown of the current EURUSD setup. Market Analysis EURUSD previously traded within an upward channel, forming higher lows and confirming bullish momentum. After reaching the resistance zone around 1.1730, price lost strength and broke below the ascending structure, shifting into a downward channel with lower highs. Currently, EURUSD is trading below the 1.1730 resistance zone while approaching the 1.1650 support area. A recent rejection from resistance and continued movement inside the descending channel indicate sustained bearish pressure. My Scenario & Strategy As long as EURUSD remains below the 1.1730 resistance and respects the descending channel, the bearish scenario remains valid. A continuation to the downside could push price toward the 1.1650 support (TP1). However, if price breaks above 1.1730 and holds, the bearish scenario would be invalidated, opening the path for a potential upside move. That’s the setup I’m tracking. Thank you for your attention, and always manage your risk.

GBPUSD - The bulls have maintained control of the support level FX:GBPUSD is returning to a range following a local price manipulation. A breakdown of the local structure is forming amid a market correction and a weakening dollar Locally, the dollar is entering a correction, while the British pound is strengthening after a failed attempt to break through support. The market has held the decline The manipulation ends with a long squeeze; bulls have kept the market in the 1.345–1.348 zone. Consolidation above the range’s support level will provide an opportunity for growth Resistance levels: 1.3505, 1.3563, 1.3589 Support levels: 1.3483, 1.3474 The formation of a reversal pattern and price consolidation above 1.348–1.350 will support the upward momentum and a move toward the range’s resistance Best Regards, R. Linda!

BTC/USDT 4H chart 🔻 1. Trend – still down You have a clear descending channel: • Lower highs • Lower lows • Price is bouncing between trend lines ➡️ You are currently closer to the middle/upper part of the channel, which usually means: 👉 Higher probability of rejection than breakout ⸻ 📊 2. Key Levels 🟢 Resistance: • 76,730 – 77,300 → first resistance zone (already tested) • 78,500 → strong resistance + previous structure • Upper channel line (approx. 77,500–78,000) 👉 If this doesn't break = declines resume ⸻ 🔴 Support: • 75,600 → local support • 74,900 • 74.100 → key low 👉 breakout of 75.6 = quick decline lower ⸻ 📉 3. Price action (candles) • Large red candle (downward impulse) • Then a weak rebound (small green candles) ➡️ classic bearish continuation setup ⸻ ⚡ 4. Stochastic RSI • Going up (short-term momentum is rising) • But: 👉 is not overbought yet 👉 so there could still be a small push up ➡️ BUT: in a downtrend, this is often just a correction ⸻ 🧠 5. Scenarios ❌ Baseline scenario (more likely) • rejection at 76.7–77.3 • return to: • 75.6 • then 74.9 👉 Classic short from resistance ⸻ ✅ Bullish scenario (less likely) Condition: • Breakout of 77.3 + hold • Ideally, a 4-hour candle close above Targets: • 78.5 • Channel breakout = trend reversal

by cryptodailyuk

S&P 500 Just Lost the Channel — Bulls Be Losing Control?The S&P 500 index ( FX:SPX500 ) seems to have failed to break a key resistance zone($7,156-$$7,143), and in the past hours, it has also broken the lower line of the ascending channel. This indicates we might be looking at a correction in the S&P 500. I expect that in the coming hours, the S&P 500 could continue its downward move after a possible pullback to the ascending channel, dropping at least to the key trading level of 7,110 dollars. If the downward momentum increases, which is likely, we might see further continuation toward the support zone($7,079-$$7,052). First Target: $7,111 Second Target: Support zone($7,079-$$7,052) Stop Loss(SL): $7,179(Worst) Points may shift as the market evolves Note: The decline in the S&P 500 index also contributes to the decline in the price of Bitcoin ( BINANCE:BTCUSDT ). What’s your view on the S&P 500? Can it create new all-time highs again, or should we expect a correction in the U.S. stock market and the S&P 500? 💡 Please respect each other's opinions and express agreement or disagreement politely. 📌 S&P 500 Index Analyze (SPX500USD), 1-hour time frame. 🛑 Always set a Stop Loss(SL) for every position you open. ✅ This is just my idea; I’d love to see your thoughts too! 🔥 If you find it helpful, please BOOST this post and share it with your friends.

Diagonal Structure Price speaks for it self, Diagonal Structure almost completed, watch price action for sell

by otavio_barreto