Descending Channel

#DOGE Distribution Phase — Elliott Wave Signals Drop Yello Paradisers! Are you noticing how #DOGE keeps “holding” while quietly building a structure that typically leads to one more strong move to the downside? 💎#DOGE is forming a classic ABCDE corrective pattern within wave 4, which is a completely normal behavior at this stage of the market. However, what makes this setup more important is the confluence behind it. The price is moving cleanly inside a well-respected descending channel, and this corrective structure is unfolding perfectly withi

by MyCryptoParadise

GOLD - Correction before the fall ICMARKETS:XAUUSD continues its plunge: down 8% on Monday, extending its decline of more than 10% from the previous week. Sellers face little resistance as the dollar and oil strengthen amid the escalating conflict in Iran The dollar dominates as the primary safe-haven asset. Oil continues to rise due to the escalating situation. Gold’s appeal is waning. The escalation of the conflict heightens risks of energy disruptions and inflation → markets are pricing in rate hikes → yields are rising

XRPUSDT - A break in the uptrend. Are we heading toward 1.380?BINANCE:XRPUSDT has broken through the uptrend support and is consolidating below 1.450, indicating that the market is poised to head toward support. Crypto winter continues... XRP is facing downward pressure, and following a short squeeze in Bitcoin, the market is shifting into a local bearish trend. Volumes are weakening, so the trend may run its course... XRP breaks the support trend line and returns to the trading range of 1.452–1.387. A bounce off resistance (I do not rule out a shor

#XLM Rejected Hard! Is a Massive Drop to $0.10 Now Inevitable? Yello Paradisers! Are you prepared for what could be the final and most aggressive move in #XLM before the next major shift catches everyone off guard? 💎#XLMUSDT is respecting a clear descending channel structure, and price recently faced a strong rejection from the upper boundary, aligning perfectly with what appears to be a Wave 4 completion based on Elliott Wave theory. This rejection is not random—it comes after a failed attempt to sustain strength within a previously broken ascending chan

by MyCryptoParadise

GOLD - The decline may continue ICMARKETS:XAUUSD is correcting after a 7% drop over the week and is testing 4,735, forming a key liquidity zone. The correction is linked to profit-taking and a weaker dollar, but the move may be temporary... Traders are closing short positions ahead of the weekend and next week’s PMI data. The end-of-week effect is adding volatility. The escalation of the war (strikes on energy facilities, Iran’s retaliatory strikes) has intensified risk-off sentiment, but gold was sold to cover losses in

BITCOIN - A hunt for liquidity ahead of a drop to $69000 BINANCE:BTCUSDT.P was unable to sustain the previous week’s gains and, following weak economic data, entered a distribution phase from 74,000, testing an intermediate low of 69K. A correction is taking shape... The global trend is bearish, with pressure on the market coming from weak U.S. indices and the Fed’s hawkish stance. Bitcoin has failed to confirm its status as a safe-haven asset amid the current tense geopolitical situation. After the sell-off, the price is finding support in the

GOLD - Correction before the decline ICMARKETS:XAUUSD , currently in a sell-off phase, is testing the intermediate low of 4,685. Triggers include a new escalation of the war in Iran and the Fed’s relatively hawkish stance The escalation of the conflict in the Middle East is only intensifying; against this backdrop, oil and gold may continue to rise, which will negatively impact the price of the metal. The Fed kept rates unchanged and confirmed only one cut in 2026. The dollar remains the primary safe-haven asset, especially i

GOLD - Consolidation amid a downtrend. Waiting for Powell...ICMARKETS:XAUUSD is hovering around the psychological $5,000 level, forming a trading range with narrowing boundaries, as the market awaits a key event—the Fed’s rate decision and signals regarding its future policy direction. The war in Iran continues to support oil prices, fueling inflationary expectations. Markets are pricing in a “hawkish” Fed scenario, which is negative for gold. The dollar is pulling back from 10-month highs on profit-taking ahead of the Fed meeting, though this is l

GOLD - Consolidation ahead of interest rate news ICMARKETS:XAUUSD is consolidating near a key psychological level, struggling to hold above $5,000. Pressure is coming from demand for the dollar as a safe-haven asset and expectations of a “hawkish” shift by the Fed Tensions in the Middle East continue to escalate. Iran’s foreign minister has denied any contact with the U.S., and hopes for a ceasefire are fading. Europe is trying to distance itself from the conflict, despite pressure from Trump, who continues to talk about victories... Th

NZDUSD - False breakout before a decline FX:NZDUSD is testing the liquidity and interest zone of 0.5839–0.5845 as part of a counter-trend correction and, following some price manipulation, is returning to selling pressure... The dollar maintains an uptrend despite a false breakout of the psychological level at 100.0. Fundamentally, the index may continue to rise, which will only increase pressure on the currency pair. As part of the correction, the currency pair is testing the resistance level from the D1 timeframe. The manipulat

GOLD - Breakdown from the range. Consolidation below $5000 ICMARKETS:XAUUSD is trading below 5,000. Technically, the price has broken out of the broader range and has settled below 5,016—the support level of the consolidation pattern. The situation in the Middle East remains tense; oil and the dollar may continue to rise. Geopolitics: The main issue is the Strait of Hormuz. Oil continues to rise in price. The dollar is entering a consolidation phase due to conflicting news, which is preventing the index from establishing a clear direction, leaving

GOLD - BEARISH at $5,000! Descending Channels, Fed Holds Rates!What's up traders! 👋 GOLD at $5,000 in BEARISH descending channels (purple / all TFs). Fell below $5,000 to $4,969 (4-week lows), second weekly loss since Iran war began. Fed holding rates (80% chance <2 cuts by Jan 2027), rising yields (steepening curve), dollar +2.3% (DXY strong), liquidity-driven phase (cash > gold). Oil $100+ (Brent crude), Iran war week 3, but gold underperforming. Testing support $4,960-$4,980. Two scenarios: break below support to $4,850-$4,900 target OR bounce from supp

by officialjackofalltrades

GOLD - The bears dominate. Retest 5000. Down?ICMARKETS:XAUUSD closed Friday’s session near the support level of its current trading range—5016. How the session will open is the main question, but selling pressure is mounting... The dollar breaks through 100.0 and closes Friday’s session on a bullish note. Following the escalation of the situation in the Strait of Hormuz (Port of Fujairah), oil may continue to rise from the session’s opening, which in turn will only intensify pressure on metals. However, Trump is already declaring vic

AVAXUSDT - A brief look at resistance. A bearish flag? BINANCE:AVAXUSDT.P is testing key resistance at 9.7–10.0, a zone that stands between the market and a potential trend reversal. However, yesterday’s rally was sold off fairly quickly, and we’re seeing mixed signals... The price is trapped within a local uptrend formed within a broader bearish trend... Bitcoin is facing pressure in the 73K zone and is temporarily pulling back, forming a daily candlestick pattern that indicates buyer weakness across the entire market AVAX may form a local c

GOLD - Bearish range. Outflow of funds ICMARKETS:XAUUSD is testing an interim low of 5055 against the backdrop of a weak dollar and oil. The main reason is the oil shock. Geopolitics is being offset by a hawkish shift in expectations for Fed rates Iran's new leader has announced the continuation of the blockade as a means of pressure. Oil is becoming more expensive (+8% over the week), accelerating inflation expectations. The dollar is strengthening as a safe-haven currency and “oil currency.” Rising inflation expectations are

EURUSD - Retest 1.140 - liquidity zone FX:EURUSD is in a distribution phase after breaking out of consolidation. The current rally may end due to exhaustion of momentum, as well as upon reaching the key zone of interest at 1.1400. The dollar is testing key resistance - the range boundary and the 100.0 mark. A short squeeze could trigger a market correction, which is also expected for EURUSD - a correction from the daily level of 1.140. The currency pair's distribution phase within the downtrend continues, but the nearest suppor

#MNT Rising Channel Trap — Smart Money Distribution? Yello Paradisers! Are we witnessing the calm before a strong downside move on #MNT, or is the market secretly preparing for a new bullish trend? 💎#MNTUSDT is forming an ascending channel while trading inside a much larger descending channel. This structure suggests the development of an Elliott Wave impulsive pattern within the broader bearish trend. 💎If the market is following a motive wave structure, the current price action likely represents Wave 4, which is typically a corrective phase af

by MyCryptoParadise

BITCOIN - Market stagnation. Bearish trend BINANCE:BTCUSDT.P is stagnating, forming a symmetrical triangle within a global flat pattern that has formed as part of a global downtrend. There is still no fundamental support for the crypto market. Bitcoin has attempted to act as a hedge in the current tense geopolitical and economic situation, but all attempts at growth are being aggressively sold off. A trend line is forming, and the market is not allowing the price to reach intermediate key areas of interest, which indicates the pre

GOLD - Profit taking and market pressure ICMARKETS:XAUUSD started the week with a drop to $5,000, despite its status as a safe-haven asset. The main reasons are the abnormal rise in oil prices and the strong dollar. Focus on key levels within the flat Markets fear that inflationary pressures will force the Fed to abandon rate cuts (a “hawkish” scenario), which is putting pressure on gold. (Expensive oil and a strong dollar are putting enormous pressure on gold) Iran has appointed a new leader, signaling a continuation of its hard lin

Bullish Divergence appeared. USOIL - WTI OIL CMP 72.72 (03-03-2026 01:27am) Bullish Divergence appeared. Breaking out from a descending parallel channel. Sustaining 70 may lead it towards 90+ On the flip side,if the price comes back in the channel, then we may witness channel bottom around 44 - 45.

by House-of-Technicals

ETHEREUM - Short squeeze of trading range resistance. BINANCE:ETHUSDT is testing resistance on the global downtrend. Facing pressure in the 2100-2150 zone, the altcoin formed a false breakout and may move to a decline. Bitcoin is testing resistance, but the momentum has temporarily ended and the flagship is entering stagnation. A false breakout of 71K could trigger a correction across the entire market, including Ethereum, which tested the zone of interest and liquidity as part of its growth. Despite the recorded inflow of funds to exchanges,

NZDUSD - False breakout of resistance on a downtrend FX:NZDUSD is forming a false breakout against the backdrop of a strong dollar as it retests previously broken support (resistance at 0.59290)... The dollar looks quite strong. The false breakout of the index produced a weak reaction, with the price returning to an upward movement, which is putting pressure on the forex market. NZDUSD has broken out of consolidation, and the retest and consolidation of the price below the key resistance level confirms the weakness of the market against the

ETHUSDT may pause its rally and resume its decline Ethereum is testing the resistance zone of 2100-2125 as part of a local recovery phase. Under pressure from the global trend, the altcoin may make a false breakout. There is no certainty of positive bullish volumes. The spikes shown on the chart may be an indicator of high volatility in a global bear market (liquidation of local traders within the flat) Scenario: A false breakout of the resistance zone, a return below the upper border of the ascending channel can trigger a fall

XRPUSDT - Another retest of support. The buyer has left...BINANCE:XRPUSDT has sold off all of last week's bullish potential. The coin is once again storming the 1.341 support level. Each subsequent retest increases the chances of a further decline. Bitcoin is falling due to a lack of fundamental support. Against this backdrop, XRP may continue to fall within the trend and under pressure from the weak flagship. The market is weak. All of last week's bullish potential has been sold off, and the coin is testing key support at 1.341. The reaction to