BTC Near Resistance Again_ This Triangle Could Decide the NextIn the past couple of days, Bitcoin ( BINANCE:BTCUSDT ) has been largely influenced by Middle Eastern news and U.S. indices, especially the S&P 500 ( FOREXCOM:SPX500 ). Recently, Bitcoin has begun an upward movement, and at the moment, it’s near the Cumulative Short Liquidation Leverage($64,560-$63,430), resistance zone($64,200-$63,280), and the upper line of a descending channel, right at the resistance lines.
From a classical technical analysis perspective, Bitcoin could be forming a symmetrical triangle pattern, which is a continuation pattern. Since the prior trend was downward, we could anticipate further decline in the coming weeks based on that pattern.
From an Elliott Wave perspective, Bitcoin still seems to be in the completion of its main wave 4.
I expect that after approaching the key level of $63,320 and the Cumulative Short Liquidation Leverage($64,560-$63,430), Bitcoin will begin to decline, dropping at least to $62,230. If the momentum of the break is strong, we might even see further decline toward the Cumulative Long Liquidation Leverage($64,560-$63,430).
First Target: $62,230
Second Target: Cumulative Long Liquidation Leverage($64,560-$63,430)
Stop Loss(SL): $64,720(Worst)
What are your thoughts on Bitcoin? Can it stay above $65,000, or should we expect a deeper drop? Let me know your view!
💡 Please respect each other's opinions and express agreement or disagreement politely.
📌Bitcoin Analysis (BTCUSDT), 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.
Parallel Channel
BTCUSDT: 63,000 Support Holds – 66,000 Resistance Ahead Hello everyone, here is my breakdown of the current BTCUSDT setup.
Market Analysis
BTCUSDT previously traded inside a well-defined descending channel after breaking down from a consolidation range near the recent highs. Following several bearish breakouts, price established a major low and shifted into recovery mode, breaking above the channel resistance and confirming a change in market structure.
Currently, BTCUSDT is trading inside an ascending channel while holding above the 63,000 Support Zone. Recent breakouts above key resistance levels were followed by successful retests, confirming growing bullish momentum. Price is now approaching the 66,000 Resistance Zone, which represents the next major barrier for buyers.
My Scenario & Strategy
My scenario: as long as BTCUSDT remains above the 63,000 Support Zone and continues to respect the ascending channel structure, the bullish scenario remains valid. A continuation higher could push price toward the 66,000 Resistance Zone (TP1) for a retest.
However, if BTCUSDT breaks below the support zone and loses the channel structure, the bullish outlook would weaken and a deeper correction could follow.
That’s the setup I’m tracking. Thank you for your attention, and always manage your risk.
Bitcoin Sellers Still Control the Trend Below $64KHello traders! Here’s my technical outlook based on the current BTCUSDT (3H) chart structure. BTCUSDT previously traded inside a descending channel, where sellers controlled the trend. After consolidating inside a range, price broke below support, confirming bearish momentum and extending the decline. Currently, BTCUSDT is trading inside a rising channel between the 61,500 Buyer Zone and the 64,000 Seller Zone. Price has rebounded from support and is now testing the upper channel boundary near a key resistance area. As long as BTCUSDT remains below the 64,000 Seller Zone and respects the channel resistance, the bearish scenario remains valid. A rejection from current levels could push price back toward the 61,500 Buyer Zone (TP1). A breakout above 64,000 would weaken this bearish outlook. Please share this idea with your friends and click “Boost” 🚀
EURUSD – Bullish Correction Soon!EURUSD remains overall bearish, trading within the descending channel marked in red. 🔴
After the recent selloff, price is now approaching a strong confluence zone where the lower bound of the red channel intersects with the blue support and demand zone. This area is also considered an oversold region within the current bearish structure. 🔵
As long as this intersection holds, we will be looking for longs, anticipating a bullish reaction from support and a move toward the upper bound of the channel. 📊
This does not necessarily signal a trend reversal yet. Instead, it represents a potential counter-trend recovery within the broader bearish structure.
The lower channel boundary and demand zone will be the key levels to watch in the coming sessions. ⚡
Will the bulls defend this confluence zone and trigger a rebound? 🤔
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📚 Stick to your trading plan regarding entries, risk, and management.
Good luck! 🍀
All Strategies Are Good; If Managed Properly!
~Richard Nasr
GOLD - Countertrend correction may continueICMARKETS:XAUUSD continues its correction amid a temporary pullback in the U.S. Dollar Index. Technically, this remains a countertrend move. All eyes are now on geopolitical developments and the upcoming Federal Reserve rate decision
Gold is caught between geopolitical support and intense macroeconomic pressure, compounded by the technical break below the 200-day SMA. Wall Street analysts continue to maintain a predominantly bearish outlook.
The U.S. dollar is currently correcting after a false breakout above the 100.0 level. Technically, however, the index remains in a bullish trend, which continues to weigh on gold amid ongoing geopolitical uncertainty.
Against the backdrop of both local and global bearish trends, the market is developing a countertrend corrective phase. The focus remains on the 4246–4170 range. Fundamentally, gold lacks strong support, although a local bullish reaction is currently visible. The market is targeting the 4325–4368 liquidity zone before a potential continuation lower
Resistance levels: 4246, 4315, 4347
Support levels: 4170, 4100, 4057
I expect the local bullish impulse to continue. Before extending higher, gold may retest the 4180–4170 area. A long squeeze could trigger an advance toward 4315–4347. However, a short squeeze around the resistance zone could increase selling pressure and lead to a decline toward 4170–4100.
Best regards,
R. Linda
Gold Long ideaThe long term daily channel is quite clear and notice the current leg, although faced turbulence due to the war in the Middle East, has actually been going UP from the support. Recently it made a double bottom. It is not a move from resistance to the support. Therefore, I am expecting the price to reach the channel resistance from here, at least touch the channel resistance line and from there we will see if the price breaks above or goes down for deeper lower prices up to 3600-3500. But for now, with the positivity in the war situation and a possible deal between Iran and US, I am expecting a relief rally up to the channel resistance.
Disclaimer: This analysis is for education purpose only and it is not an investment advice. Do your own analysis and always manage risk.
BTCUSD Technical and Fundamental SupportSo BTC broke the long term down trend channel (white dotted channel), then moved in a corrective channel (red channel) and broke below it, making that channel a possible bear flag. But we have found significant support and a possible double bottom. From here, we can expect at least the re-test of the support-turned-resistance of the Red channel. If the price breaks above it, then that would be very bullish until we reach the previous support-turned-resistance (red resistance area). Plan your trades accordingly.
Disclaimer: This chart is for education purpose only and it is not a financial advice. Do your own analysis and always manage risk.
Wet dreamSo I have wet dream or rocket dream, Cardano can erect to level 0.68 $.
Recommended music to this idea is Noemi - In My Dreams.
Core Potential Drivers:
Scientific Foundation: Cardano relies on peer-reviewed research and formal verification, prioritizing security and stability. The network has never experienced an outage.
Scalability Upgrades: Future growth hinges on implementing performance enhancements like the Ouroboros Leios consensus mechanism and Hydra, which aim to significantly increase transaction throughput.
Real-World Utility: Cardano’s strategy is heavily focused on decentralized identity, sustainable DeFi, and interoperability protocols like LayerZero to bridge hundreds of tokens natively into its ecosystem.
Analyst consensus and algorithmic forecasts predict a wide recovery range, with conservative estimates placing ADA between $0.20 and $1.55 over the next few years, depending on the success of network upgrades and broader adoption.
Do you agree with me or not? Type in comments your opinion.
XAUUSD: Sellers Maintain Control and Opens Path Toward 4,000$Hello everyone, here is my breakdown of the current XAUUSD setup.
Market Analysis
XAUUSD has been trading inside a well-defined descending channel after breaking down from a broad consolidation range near the recent highs. Multiple bearish breakouts below key support levels confirmed strong selling pressure, while every recovery attempt was rejected by the channel resistance, keeping the overall trend firmly bearish.
Currently, XAUUSD is trading below the 4,120 Resistance Zone while holding above the 4,000 Support Zone. Price recently broke beneath the lower boundary of the descending channel and successfully retested the broken structure from below, confirming a bearish continuation. The latest rebound into resistance was rejected again, signaling that sellers remain in control.
My Scenario & Strategy
My scenario: as long as XAUUSD remains below the 4,120 Resistance Zone and continues to respect the former channel support as new resistance, the bearish scenario remains valid. A continuation lower could push price toward the 4,000 Support Zone (TP1) for a retest.
However, if XAUUSD breaks back above the 4,120 Resistance Zone and reclaims the broken channel structure, the bearish outlook would weaken and a stronger recovery could develop.
That’s the setup I’m tracking. Thank you for your attention, and always manage your risk.
NOT Main Trend. Descending Channel -98% 01/27/2026Logarithm. Time frame: 1 week.
The price is in the main trend and remains in a downward channel with a given volatility range.
It's important to understand that the creators of this cryptocurrency always sell at any price (they're created for profit, fueled by hype). However, at low prices (-94-99%), a dilemma arises:
1️⃣ invent a reason for a scam and abandon the project;
2️⃣ or reverse the trend and temporarily restore faith in this scam cryptocurrency. In order to continue sales.
You can use this and profit from it. But, in the long term, you should be cautious with such assets. This applies to absolutely all cryptocurrencies created for hype and without any real future use. When trading such a dying former super-hype, manage your risks. This is the basic principle. If you can't do this, avoid it.
NOT Local trend. Sideways. -98%. Reversal zones 27 01 26
AbbVie at a Breakout Decision PointAbbVie is trading near the upper boundary of a descending channel, making this a critical area where the stock must either break out or remain trapped in the corrective structure.
Short-Term Outlook
A daily close above $230 would strengthen the bullish breakout scenario.
Targets: $235 → $245 → $250
Stop-loss: Below $220
Long-Term Outlook
The broader uptrend remains intact despite the ongoing correction.
A confirmed breakout from the channel could signal the start of a new bullish leg.
Targets: $250 → $260 → $275
Stop-loss: Weekly close below $210
Summary
AbbVie is testing the top of a descending channel after months of consolidation. A successful breakout above $230 could open the door to $245–250 in the short term and potentially $260+ over the longer term. However, rejection from current levels may send the stock back toward the channel midpoint around $210–215 before buyers regain control.
XAUUSD Strategy: Exploiting the Channel Sellers & Short Squeeze
1. Market Context
On the 1H chart, XAUUSD is trading within a major descending channel. After a sharp capitulation sweep down to 4,046.90, the price has established a solid accumulation base. Currently, the price is consolidating around 4,194.38, building momentum for an upside breakout.
2. Psychology & Price Action Analysis
• The Capitulation Sweep (4,046.90): The rapid drop to 4,046.90 (marked "No Buyer") triggered massive retail panic selling. Institutional buyers absorbed this selling pressure, creating a strong bear trap.
• The Channel Resistance Trap (4,225.00): Retail traders are opening short positions near the descending channel midline and local resistance (marked "Seller"), placing their buy-stop liquidity directly above this level.
• The Bullish Squeeze Play: The minor pullback to 4,196.84 (marked "No Buyer") represents selling exhaustion. A breakout above 4,225.00 will trigger a cascade of buy stops, accelerating the price rapidly toward the upper channel boundary.
3. The Trade Setup (The Breakout & Squeeze Play)
We target a long entry on the current recovery momentum, anticipating a breakout and a rally toward the upper targets.
• Entry: 4,194.38 (Current market price) or on breakout confirmation above 4,225.00.
• Stop Loss (SL): 4,046.90 (Placed safely below the capitulation sweep low).
• Take Profit 1 (TP1): 4,398.49 (Upper descending channel boundary).
• Take Profit 2 (TP2): 4,570.00 (Targeting the upper expansion zone).
• Risk-to-Reward Ratio (R:R): Approx 1.35:1 (for TP1) / 2.5:1 (for TP2).
GOLD - Countertrend correction to the liquidity zoneFollowing the false breakout below the 4030 support level, ICMARKETS:XAUUSD is rebounding higher, with recent shifts in the geopolitical backdrop adding fuel to the move. However, the market remains bearish overall.
Optimism sparked by Trump's decision to cancel major strikes against Iran and renewed hopes for a deal has been replaced by fresh clashes in the Strait of Hormuz. Geopolitical instability remains elevated. Against this backdrop, the U.S. Dollar Index continues to hold firm, putting pressure on gold. Hotter-than-expected U.S. inflation data has reinforced expectations of a 0.25% Fed rate hike in December. Sellers are therefore likely to remain in control.
Key catalysts ahead include consumer sentiment and inflation expectations data on Friday, as well as the first Federal Reserve meeting under the new Chair, Kevin Warsh, next week. Geopolitics will continue to play a decisive role
Resistance levels: 4246 – 4315 – 4368
Support levels: 4171, 4100, 4060
The market is reacting to the false breakdown of support, resulting in a countertrend correction. Gold is moving toward a key liquidity zone, with the main area of interest located between 4315 and 4368.
A short squeeze within this zone would confirm a liquidity-driven manipulation and could trigger a reversal, leading to a move lower toward the next key areas of interest.
Best regards,
R. Linda
NIFTY NIFTY Daily Chart Outlook
NIFTY is currently trading within a falling channel and approaching a key trendline resistance.
📈 Bullish Scenario
If NIFTY breaks above the descending trendline with strong momentum and sustains the breakout, it could trigger a move towards the 24,750 resistance zone.
This area also aligns with the 0.61–0.65 Fibonacci retracement zone, making it an important upside target.
📉 Bearish Scenario
If the index fails to break the trendline and faces rejection from current levels, selling pressure may resume.
In that case, NIFTY could revisit the 23,000 support zone.
🎯 Key Levels
Breakout Confirmation: Descending trendline resistance
Upside Target: 24,750
Downside Support: 23,000
Summary: A breakout above the falling channel could open the door for a rally towards 24,750, while rejection from the trendline may lead to another decline towards the 23,000 support area.
Palantir (PLTR) showing signs of a flat base/bottomHey guys/gals,
So we all know that NASDAQ:PLTR has been struggling for quite some time. But the chart points to a very interesting picture. Simply put, the weekly chart is showing something that looks like a flat bottom or base, that has lasted for a long couple of weeks now. We've seen tight, sharp up/down trading between a very strong support level (around $125) and a very strong resistance level (around $162). At the same time, volume has been decreasing for some time now.
This all points to the idea that PLTR may be coiling up for a move above the resistance level. Of course we don't know if that will happen, as it depends on whether the support level of $162 holds. But the general idea is that the more the support level is tested and held, eventually the more likely it is that the resistance level will break, and PLTR may move upwards $200.
This recent price action reminds me of how NASDAQ:NVDA developed a very similar pattern, where it traded in a tight range for a couple of weeks before breaking out towards $230. At the time, I recall how an analyst once described NVDA as a coiled spring before it shot up: www.cnbc.com
History and patterns repeat themselves, which is why I believe this idea is valid. But please, do your own DD before making any trading or investing decisions, as this is not financial advice!
A year of consolidationPrice has been trading in a descending channel for a year. Looks like it want to break out but it might take a few more weeks. I have a position, if it pulls back to 140 ish and the support holds I'll add. Fundamentals look goo too. SL triggers if a weekly candle breaks down the support shown and closes under it.
JP225 Strategy: Squeezing the Trendline Sellers1. Market Context
As shown in the $1\text{H}$ chart of image, JP225 is currently testing a major descending trendline (blue line) after a rapid V-shape recovery from the capitulation swing low at $62,400$.
2. Psychology & Price Action Analysis
• The "No Buyer" Liquidity Sweep ($62,400$): The sudden drop to the lows triggered extreme panic selling. Retail traders assumed "no buyers" were left, but this was a classic bear trap to absorb retail panic-selling before a sharp reversal.
• The "Seller" Trendline Trap ($64,800$): Retailers are currently shorting at the blue trendline (marked "Seller"), expecting historical resistance to hold. This creates a dense pool of buy-stop liquidity (stop losses) right above the trendline.
3. The Strategy (The Squeeze Play)
We aim to exploit these trapped sellers. A breakout above this key trendline will trigger their stop-losses (market buy orders), fueling an explosive upward movement.
• Entry: Buy stop or breakout confirmation at $64,800$.
• Stop Loss (SL): $62,400$ (placed below the capitulation low).
• Take Profit (TP): $66,800$ (next major structural level).
• Risk-to-Reward Ratio (R:R): $\approx 1:1$ (as plotted on the chart).
EURUSD - Consolidation before downward distributionFX:EURUSD maintains its medium-term bearish trend and may continue to decline against the backdrop of a strong DXY
The pair remains in consolidation within the 1.1500–1.1560 range as the market awaits the outcome of the ECB meeting, including the rate decision and Christine Lagarde's press conference. Any signals from the ECB may have only a short-term impact given the strength of the U.S. Dollar Index, which continues to benefit from an unstable geopolitical environment.
On the daily chart, EURUSD remains in a downtrend after breaking and closing below the 200-day moving average in May. Price is currently consolidating within the narrow 1.1530–1.1572 range, building a base for the next move following the ECB meeting
Resistance levels: 1.1575, 1.1584, 1.1661
Support levels: 1.1527, 1.1506, 1.1450
Within the prevailing downtrend, the currency pair may continue moving lower. A breakout from consolidation and a close below 1.1527 could trigger a further decline toward 1.1450.
Best regards,
R. Linda
NZDJPY – Trend Still Up, Support Coming Into PlayNZDJPY has been maintaining a clear bullish structure, trading within a well-defined rising channel for over a year.
After the recent pullback, price is now approaching a strong confluence support area formed by:
🔹 The lower bound of the rising channel
🔹 The blue horizontal support zone
This intersection creates an attractive area where buyers could step back in and defend the broader uptrend.
As long as this support confluence holds , we will be looking for trend-following long opportunities. 🚀
The overall trend remains bullish, and corrections toward support are often healthy pauses within an ongoing uptrend.
A bullish reaction from this zone could trigger the next leg higher toward the upper bound of the channel and potentially fresh highs. 🎯
📌 The key level to watch is the intersection between the channel support and the blue demand zone.
Will the bulls defend the trend once again? 🤔
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📚 Stick to your trading plan regarding entries, risk, and management.
Good luck! 🍀
All Strategies Are Good; If Managed Properly!
~Richard Nasr
XAUUSD Short: Bounce Under Pressure - Is 4,250$ Next Target?Hello traders! Here’s my technical outlook based on the current XAUUSD (3H) chart structure. XAUUSD previously traded inside an ascending channel and reached a major pivot point near the upper boundary. After losing bullish momentum, price broke below channel support and entered a descending channel.
Currently, XAUUSD is trading below the 4,410 supply zone while holding above the 4,250 demand zone. Following a strong bearish breakout from the descending channel, price found support near demand and is attempting a short-term recovery.
As long as XAUUSD remains below the 4,410 supply zone and continues to respect the bearish market structure, the bearish scenario remains valid. A rejection from current levels could push price back toward the 4,250 demand zone (TP1). Manage your risk!
Coffee Daily: Tactical Long Setup off Channel Support Targeting Coffee Daily: Tactical Long Setup off Channel Support Targeting Mean-Reversion with 2:1 RR
### ☕ Coffee C Technical Study (Ref: COFFEE_2026-06-11_09-53-03.png)
We are highlighting a compelling structural mean-reversion long setup on the Coffee C Daily chart ( FOREXCOM:COFFEE - FOREX.com), as price action forms a localized reversal pivot at key descending channel support.
### Technical Assessment & Price Action:
* **The Channel Reversal:** Coffee has been grinding lower inside a highly reliable, multi-month descending parallel channel (marked by the thick outer red lines). Following a recent test of the channel's lower boundary, institutional demand stepped in, driving the current session up **+1.23% to 24,774.3**.
* **The Pivot Trigger:** Price is actively attempting to confirm a local trend pivot off the lows. This structural shift signals an overextended market ready to resolve a sharp corrective bounce back toward its key equilibrium zones.
### Execution Plan & Systematic Risk Management (2:1 Risk/Reward):
We have plotted a strict, mechanical parameters matrix designed to extract asymmetric gains from this rotational pop:
1. **The Entry Node:** Triggering at the current consolidation pivot point of **24,815.7** (grey trigger line).
2. **The Invalidation Floor (Stop Loss):** Placed neatly below the recent structural low at **23,575.3** (red boundary line). A daily close beneath this invalidates the reversal thesis.
3. **The Upside Target (Take Profit):** Plotted at **27,296.6** (green boundary line). This target is strategically positioned just below the upper channel resistance line and the **72-period EMA (red line at 28,108.6)**, ensuring execution before major overhead supply re-emerges.
### Strict Trade Management Rule:
To preserve trading capital and enforce systematic execution, a **Break-Even rule** is hard-coded into this trade. As soon as price action hits a 1:1 risk-to-reward ratio (near the 26,056 node), the active stop loss will be aggressively trailed directly to **entry (24,815.7)**, creating a completely free ride to our primary **27,296.6** destination.
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📊 **ChartPro Data** | By Rogerio Zaglia
*Quantitative Soft Commodity Research, Channel Geometry & Systematic Trade Execution.*
⚠️ **Disclaimer:** For educational and informational purposes only. This technical study represents a personal trading framework and does not constitute financial or investment advice.






















