AXTI: Massive Breakout Gap — Retest incoming or Support Holding?Called the bottom at $38 before NASDAQ:AXTI ran +158% to $98
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Now, after a healthy pullback back into key support, it’s time for Update #2.
AXT, Inc. ( NASDAQ:AXTI ) recently delivered a explosive trend change on the daily timeframe, shattering its multi-month falling wedge / downward trendline with massive institutional volume.
The vertical expansion left behind a Gap Zone (around $48 – $55). After running straight up to test key overhead Resistance at $98.00, price has pulled back to test immediate horizontal Support at $71.00.
Traders face the classic breakout question: Will $71.00 hold as a launchpad, or do we need a deeper gap fill before the next leg higher?
📊 Technical Confluences & Dual Scenarios
⚡ High-Volume Wedge Breakout: The sheer magnitude of the breakout volume confirmed heavy smart-money accumulation at the bottom.
🟢 Immediate Floor ($71 Support): Price is currently sitting ta a prior resistance turn-support level at $70- 71. Holding above this level keeps the immediate momentum firmly bullish.
📦 Scenario A (Direct Hold & Rebound): If buyers defend $71, AXTI can form a tight consolidation base before mounting a retest of $98.00 Resistance.
🔄 Scenario B (Gap Fill Retest): A daily close below $70 opens the door for a deeper retest toward the top of the Breakout Gap ($48 – $55). Filling or partially filling this gap would reset overbought conditions and offer a high R:R re-entry for swing traders.
🧱 Key Price Levels
🛑 Major Overhead Resistance: $98
🎯 Macro Breakout Target: $143 (Prior macro high / all-time high zone)
🟢 Immediate Support: $70-71
📦 Retest / Gap Fill Zone: $48 – $55
🚨 Invalidation: Daily close below $48 (Fully closes the gap and invalidates the breakout structure).
🌐 Fundamental Tailwinds: The AI Fiber Shift
AXTI’s massive breakout isn't happening in a vacuum. The surge is backed by strong underlying fundamentals:
💡 Indium Phosphide (InP) Demand: As AI data centers accelerate their scale-out architectures to 800G and 1.6T data rates, demand for AXTI's InP substrates—critical for high-speed optical transceivers—has exploded.
📊 Earnings Beats & LTAs: Recent quarters have highlighted record revenue growth, solidifying long-term supply agreements with major photonics players like Lumentum.
💬 Are you taking a starter position at the $71 support level, or waiting patiently for a gap-fill entry down near $60? Let’s hear your strategy below! 👇
Wedge
1H: BTC AnalysisMarket structure: Price has shifted bearish after rejecting the 80.5K–81.25K resistance area and breaking down from the recent rising structure. We are now seeing lower highs and lower lows.
Price action: Strong bearish displacement pushed price down toward the 1H bullish order block around 76.8K–77.5K. Price is currently testing this support area.
Momentum: Bearish momentum has increased significantly. The sharp selloff shows sellers have taken short-term control.
EMA bands: Bands have flipped bearish, with price trading below the shorter EMAs and the bands beginning to slope downward.
Volume: Selling volume expanded during the breakdown, confirming that the move lower had participation rather than being purely low-volume chop.
RSI: RSI has dropped into the oversold area (~27). This confirms strong downside momentum, but it also means a relief bounce is possible if buyers defend the bullish OB.
ICT/SMC: The important development is the rejection from the 1H bearish OB followed by bearish displacement. The 1H bullish OB below is now the key area where we want to see whether demand returns.
Key resistance: 78.4K–78.6K, then 79.0K–79.3K, followed by 80.5K–81.25K.
Key support: 77.5K–76.8K bullish OB. A clean break below this zone would weaken the bullish structure considerably.
Market environment: Bearish correction/downtrend within the larger bullish move. I would avoid assuming an immediate continuation short while price is sitting directly on major 1H support.
Order flow: The recent aggressive selloff suggests sellers are currently dominant, but the reaction at the bullish OB will tell us whether this is genuine trend continuation or simply a deeper retracement.
Overall bias: Bearish short-term, but price is at an important support zone. The best confirmation would be a rejection and bullish MSB if buyers defend the OB, or a clean breakdown/retest of the OB if sellers remain in control.
XAUUSD Long: Ascending Channel Points Toward 4,700$Hello traders! Here’s my technical outlook based on the current XAUUSD (3H) chart structure. XAUUSD previously traded inside a consolidation structure before breaking above the Supply Line and shifting bullish. Price then formed an ascending channel and moved toward the 4,700 Supply Zone.
Currently, XAUUSD is trading below the 4,700 Supply Zone while holding above the 4,600 Demand Zone and ascending channel support. The recent rejection suggests a possible short-term pullback before another attempt higher.
As long as XAUUSD remains above the 4,600 Demand Zone and respects the ascending channel, the bullish scenario remains valid. A successful retest of support could push price toward the 4,700 Supply Zone (TP1). However, a breakdown below 4,600 would weaken the bullish outlook and increase the risk of a deeper correction. Manage your risk!
BTCUSDT Breakout & Retest — $82,000 Becomes Next TargetHello traders! Here’s my technical outlook based on the current BTCUSDT (2H) chart structure. BTCUSDT previously traded inside a broad range before breaking above the resistance line and shifting bullish. Price then rallied strongly and formed an ascending channel toward the 82,000 Seller Zone. Currently, BTCUSDT is trading above the 78,700 Buyer Zone while respecting the ascending support line. The recent breakout and retest suggest that buyers remain active, with price potentially moving higher after a successful support retest. As long as BTCUSDT remains above the 78,700 Buyer Zone and respects the ascending support line, the bullish scenario remains valid. A successful retest of support could push price toward the 82,000 Seller Zone (TP1). However, a breakdown below 78,700 and the support line would weaken the bullish outlook and increase the risk of further downside. Please share this idea with your friends and click "Boost" 🚀
AUDCHF: Bullish Trend Continuation 🇦🇺🇨🇭
AUDCHF broke a resistance line of a bullish flag pattern on an hourly time frame.
Taking into consideration that the pair is trading in a long-term bullish trend,
this violation indicates a highly probable trend continuation.
Expect a price rise to 0.58 level.
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HLIT: Wedge Retest Setting Up the Next Breakout?HLIT appears to be developing an interesting continuation structure after breaking out from a large multi-year falling wedge. The breakout was accompanied by a significant surge in volume, signaling strong institutional participation and confirming that buyers stepped in aggressively as price pushed through long-term resistance.
Following that breakout, the stock has entered a healthy consolidation phase, carving out a smaller wedge pattern. Rather than being a sign of weakness, this can be viewed as a potential retest and digestion of the prior advance before the next directional move.
Technical Structure
Major falling wedge breakout already completed.
High-volume breakout adds credibility to the bullish reversal.
Price is now consolidating within a secondary wedge pattern.
Current setup resembles a classic breakout → retest → continuation sequence.
Key Levels
🟢 Bullish Above: $10.50 (daily closing basis)
As long as HLIT continues to close above $10.50, the overall structure remains constructive and favors higher prices.
🎯 First Target: $17.50
The immediate objective is a retest of the prior swing high near $17.50. A breakout from the current wedge could provide the momentum needed to revisit this level.
🚀 Major Breakout Level: $18.50
A decisive break and close above $18.50 would represent a major technical breakout, clearing long-term resistance and potentially triggering the next bullish expansion phase with significantly higher upside potential.
Volume Perspective
One of the strongest bullish signals on the chart is the high-volume breakout from the larger wedge structure. Elevated volume indicates strong conviction from buyers and suggests that the breakout was not merely a temporary spike but a meaningful shift in market sentiment.
Bottom Line
HLIT remains in a bullish structure following its high-volume wedge breakout. The current wedge appears to be a consolidation and retest phase rather than a reversal. As long as price holds above $10.50 on a daily closing basis, the path of least resistance remains higher. A breakout from the current wedge could send the stock back toward $17.50, while a decisive move above $18.50 may open the door for an even stronger bullish rally. Not financial advice.
GOLD (XAUUSD): Pullback From Support
There is a high chance that Gold will pull back from a key daily horizontal support cluster.
I see a bullish breakout of a resistance line of a falling wedge pattern on an hourly chart
as a confirmation.
Goal - 4614
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WLDN | Decision Zone: Retest or Go?After spending years consolidating inside a rising accumulation structure, WLDN finally delivered the breakout. Now the stock has entered the phase that often determines whether the next leg higher begins immediately or after one final shakeout.
📈 Technical Story
✅ Breakout of Multi-year accumulation
The lengthy consolidation has already resolved to the upside, confirming a major structural breakout.
📉 Falling wedge after the breakout
Instead of a sharp reversal, price is now compressing inside a bullish falling wedge—a pattern that typically represents consolidation rather than weakness.
🎯 Price is approaching the retest zone
The wedge is converging right into the prior breakout area, creating a high-confluence decision point.
💰 Earnings Add Fuel
🟢 Strong earnings have reinforced the bullish case, increasing the probability that buyers defend the breakout area rather than allowing a deeper retracement.
👀 Two Bullish Paths
Scenario 1 (Aggressive): 🚀
Price breaks out of the falling wedge before touching the breakout level, showing buyers are stepping in early.
Scenario 2 (Higher Probability): ✅
Price completes a clean retest of the breakout zone, finds support, and then resumes the primary uptrend. Retests often strengthen long-term breakouts by converting old resistance into new support.
📌 My View
The larger trend has already turned bullish. At this stage I'm not looking for a trend reversal—I'm watching how the market resolves this healthy post-breakout consolidation.
🔹 A wedge breakout would signal momentum is returning immediately.
🔹 A successful retest would offer stronger structural confirmation for the next advance.
Either way, the bigger picture remains bullish as long as the breakout structure holds. 📈
BabyDoge Secondary Trend. Wedge. Channel. August 27, 2026Logarithm. 3-day timeframe. Memcoin, mimicry of DOGE. High-risk asset (risk management) and, accordingly, the downside—high potential profit.
Classic trading on a breakout of the descending wedge pattern, possibly in a horizontal channel. If there is a pump, it will be, as always with such assets of such liquidity, a relatively large percentage and sharp—a "pump with a stick."
The entire trend, for understanding this wedge breakout zone (if one occurs) during the next local altseason.
Five catalysts that could move Ethereum nextETH keeps refusing to give up the $2,500 level. Every dip is being absorbed, but buyers are still running into a wall at $2,550–2,560. The market is compressing—and Friday’s Jackson Hole speech could provide the spark.
🚀 1. Institutional demand remains strong
U.S. spot Ethereum ETFs attracted approximately $988M across seven trading sessions from August 17 through August 25. Of that, $692.6M arrived during August 17–21, with BlackRock’s ETHA accounting for roughly $537M.
🐋 2. Corporate treasuries keep accumulating
BitMine and SharpLink continue building large ETH positions. This does not guarantee an immediate breakout, but it reduces available supply and reinforces the long-term institutional narrative.
🏦 3. Kevin Warsh takes the stage
The main catalyst is Kevin Warsh’s Jackson Hole speech on Friday at 14:00 UTC. Warsh typically avoids giving markets a clear policy roadmap, so the direction may be unpredictable—but volatility after the speech is highly likely.
⚖️ 4. Regulation is becoming less hostile
Improving U.S. regulatory clarity, particularly around staking and the classification of digital assets, could make Ethereum more accessible to institutional capital. This is a structural tailwind, not necessarily an instant price trigger.
⚙️ 5. Ethereum keeps strengthening its technology
The Glamsterdam upgrade is moving through testing, with changes aimed at improving network efficiency and gas pricing. The upgrade will not drive price alone, but it strengthens Ethereum’s long-term investment case.
📊 What the chart says
ETH remains above the SMA 50 near $2,473, while the rising structure continues to compress beneath $2,550–2,560.
▫️ A confirmed breakout above $2,560 with rising volume could open the way toward $2,600–2,640.
▫️ Losing $2,473 would weaken the structure and expose $2,427, followed by the SMA 200 near $2,390.
The buyers are still absorbing every dip. Now they need to prove they can break the ceiling.
Breakout before Jackson Hole—or one final shakeout first?
Disclaimer: This is not investment advice.
MESU Aug 27: 7707 Pullback Before a 7741 Breakout?MESU pushed higher overnight and is currently trading around 7,715.
The first downside liquidity level I’m watching is around 7,707. Price may pull back into that area before attempting another move higher.
For the broader bullish structure, 7,690 is the key support level. A confirmed 4-hour close below 7,690 would weaken the bullish scenario and could open the door toward 7,655.
On the upside, the overnight high around 7,741 remains the main liquidity target. A confirmed 4-hour close above that level could support continuation toward approximately 7,765.
Key levels
7,707 — first downside liquidity
7,690 — key bullish support
7,655 — deeper downside target
7,741 — upside liquidity / breakout level
7,765 — next upside target
Bullish scenario: Hold the 7,707–7,690 area → reclaim 7,741 → target 7,765.
Bearish scenario: Lose 7,707 → watch 7,690. A confirmed higher-time-frame break below 7,690 could open 7,655.
For now, I’m waiting for price to reach one of these levels and give confirmation before taking a directional setup.
Not financial advice. No confirmation, no trade. CME_MINI:MESU2026
Short idea on BNBI've plotted resistance levels calculated using my own method on the chart. The color and number of each level indicate its strength. Blue is a weak level, orange is an average level, and red is a strong level. Strength (numbers) also influences the level. Strength from 20 to 50 is an average level, from 50 to 100 is strong, and from 100 and above is very strong.
I expect the price to break out of the Falling Wedge and stop around 612$-626$, and from there, a correction to 590$ will begin. I plan to enter with three equal limit orders.
#COMPUSDT #3D (Binance) Falling wedge breakout and retest [LONG]Compound regained 50MA support and is pulling back to it, seems likely to resume bullish towards 200MA resistance next.
⚡️⚡️ #COMP/USDT ⚡️⚡️
Exchanges: Binance Futures
Signal Type: Regular (Long)
Leverage: Isolated (2.0X)
Amount: 5.1%
Entry Targets:
1) 22.66
Take-Profit Targets:
1) 35.99
Stop Targets:
1) 15.98
Published By: @Zblaba
CRYPTOCAP:COMP BINANCE:COMPUSDT.P #3D #Compound #DeFi compound.finance
Risk/Reward= 1:2.0
Expected Profit= +117.7%
Possible Loss= -59.0%
Estimated Duration= 3-4 months
MESU Aug 26: Range Between 7655 and 7714 Before NVDAMESU remains inside a choppy higher-time-frame range, with 7,655 and 7,714 acting as the primary boundaries.
For today, my base case is continued range-bound price action rather than an immediate directional breakout.
Inside the range, short-term liquidity sits around 7,670, which could be swept before price makes its next larger move.
On the upside, 7,714 is the key decision level. A confirmed breakout and acceptance above that level could open the path toward 7,733, followed by the larger upside liquidity around 7,764.
On the downside, 7,655 remains the key support. If price loses that level with confirmation, the deeper higher-time-frame level around 7,625 comes back into play.
Key levels
7,670 — intraday liquidity
7,714 — upside decision / breakout level
7,733 — first breakout target
7,764 — larger upside target
7,655 — range support
7,625 — deeper downside target
Bullish scenario: Hold the lower range and reclaim 7,714 → target 7,733, then potentially 7,764.
Bearish scenario: Lose 7,655 with confirmation → watch for continuation toward 7,625.
Until price confirms outside the 7,655–7,714 range, I’m staying patient and avoiding entries in the middle.
Not financial advice. No confirmation, no trade. CME_MINI:MESU2026
TALEM - raising wedge - opportunity @talem – Timeframe: 2 hours (long-term opportunity on a weekly basis)
A rising wedge has formed and been confirmed after the close below 19.60, which also failed to hold on a weekly close.
Prices have risen while volume has declined—the key signal for a rising wedge reversal—
MACD shows negative divergence, supporting our idea .
Trade setup:
- Sell: 19.50–19.40
- Stop loss (reentry): Daily close above 20.50
- Targets: 18.00 and 17.00
17.00 is the first major weekly support and may present an opportunity to enter a long position on a weekly basis or for long-term investment with low risk.
*Note: This analysis is based solely on the weekly chart and represents a personal opinion, not investment advice. Please consult your account manager before investing. Good luck!*
MarketBreakdown | USDCHF, EURGBP, US30, AUDCAD
Here are the updates & outlook for multiple instruments in my watch list.
1️⃣ #USDCHF daily time frame 🇺🇸🇨🇭
The market is testing a recently broken daily supply cluster.
With a high probability, a strong bearish reaction will follow soon.
2️⃣ #EURGBP daily time frame 🇬🇧🇪🇺
The price respected a solid rising trend line.
After the occurrence of a bearish trap, we see a clear sign of strength of the buyers.
The market will likely continue rising.
3️⃣ #DOW JONES INDEX #US30 daily time frame 🇺🇸
We see a confirmed breakout of the resistance line of a bullish flag pattern.
A daily candle close above validated its violation.
We can expect a bullish trend continuation.
4️⃣ #AUDCAD daily time frame 🇦🇺🇨🇦
The market violated a major falling trend line.
Taking into consideration that the pair is trading in a long-term bullish trend,
this breakout indicates a highly probable bullish continuation.
Do you agree with my market breakdown?
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ONON | Falling Knife or Buying Opportunity?This is not a confirmed buy yet — but the chart is moving into an interesting high-confluence reversal zone.
📉 Falling Wedge
Price has been making lower highs and lower lows inside a contracting bearish structure. The wedge is approaching its apex, increasing the probability of a directional resolution.
🟢 Major Support ≈ $29–30
Price has now reached a historically important horizontal support area. This is the key level I want to see defended.
📊 Bullish Divergence
While price has continued making lower lows, momentum is showing a higher-low structure — an early warning that selling pressure may be exhausting.
⚠️ But… don't catch the knife yet.
The latest weekly candle is still heavily bearish. Support alone isn't confirmation.
🎯 The setup I'm watching
Bullish confirmation:
➡️ $29–30 holds
➡️ Bullish reversal candle forms
➡️ Price breaks the falling-wedge resistance
➡️ Momentum confirms
🚀 That would turn this from a falling knife into a potential swing opportunity.
If $29 breaks decisively on a weekly closing basis, the setup weakens considerably and I'd rather wait for a new base than average down.
My bias: 🟡 WATCH → 🟢 BUY ON CONFIRMATION
The interesting part isn't “it has fallen a lot.”
It's the support + falling wedge + bullish divergence confluence. That's what makes ONON worth watching here.
MSFT 1H: Wedge completed at 483.84, third level untouchedMSFT, 1-hour. Everything on the chart is drawn by our Classical Auto Chart Patterns study. Nothing here was drawn by hand.
Falling wedge, boundaries built from confirmed swing pivots. Completing close 21 Aug 10:30 at 483.84, above the upper boundary. The script's label reads Closed Above.
R is the formation height, capped at one daily ATR: 9.44. Levels at 0.25R, 0.5R and 1.0R sit at 486.20, 488.56 and 493.28. Structural invalidation is the opposite boundary, 473.97, 1.04R away.
486.20 was reached 24 Aug 09:30, 488.56 an hour later. 493.28 carries no mark. Last 1-hour close 491.50, between the second level and the third.
An unmarked level is not a failure. It means no confirmed bar has traded there yet.
473.97 carries no mark either, so nothing has traded back through the lower boundary in the three sessions since the completing close.
What changes the read: a confirmed close below 473.97. The study then clears the level set.
Descriptive study, not a signal tool. Nothing here is advice.
Charted with Classical Auto Chart Patterns , our own open-source study.
JMIA LongWeekly wedge break out, SMA200 as support
Entry 6.9
Stop 5.5
Target 14, 24
Risk management is much more important than a good entry point.
I am not a PRO trader. About 25% of my trades had been stopped quickly.
The Max Risk of each OTM call plan should be less than 1% of an account.
BuyToOpen 2028-1-21 call Spread
C10/25, 1.25 ( C10 delta= 0.56 )
No stop in this option plan, Max loss 1.25.
Falling wedge printing on the 2H & HTFWatch for a clean breakout above the trendline with volume.
Wait for the breakout confirmation before pulling the trigger.
If the falling wedge is accompanied by bullish divergence (price making lower lows, but RSI/MACD making higher lows), it's considered an incredibly strong reversal signal.






















