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Trend Lines

HelenP. I After reaching new ATH, Bitcoin can make correctionHi folks today I'm prepared for you Bitcoin analytics. If we look at the chart we can see how the price declined to the trend line and then rebounded and started to grow. Later, BTC reached a support level, which coincided with the support zone, and then some time traded in this area. Then the price broke the 90400 level, made a retest, and continued to grow, but when it reached 99300 points, after which made a correction. But soon, the price turned around and continued to grow to support 1, which coincided with the resistance zone. When BTC reached this level, it turned around and in a short time declined to the trend line. After this movement, BTC rebounded and made impulse up to support 1, thereby soon breaking it. Currently, the price trades inside the resistance zone, so, I expect BTCUSDT will rise a little higher this area. Then, the price can turn around and start to decline to the trend line. For this case, I set my goal at 100700 points, which coincided with this line. If you like my analytics you may support me with your like/comment ❤️
Short
by FirstNameHelen
9
HelenP. I Gold can rebound from trend line and start to declineHi folks today I'm prepared for you Gold analytics. Some days ago price dropped from the support level, which coincided with the buyer zone to the trend line. Then it turned around and started to grow inside a triangle pattern, where Gold soon reached the 2615 support level. Next, the price broke this level, made a retest, and continued to move up to the resistance zone, which coincided with the resistance level. When XAU reached this zone, it later turned around and made a strong impulse down, breaking the resistance level and declining to the support level. After this movement, the price some time traded near this level and started to grow, but later it declined to the support level, which coincided with the trend line again. Later price turned around and made a strong impulse up to the resistance zone one more time, after which turned around and dropped to the trend line, which is the support line of the triangle as well. Recently price exited from this pattern and now trades below the trend line. In my opinion, XAUUSD will rebound from this line and start to decline. For this reason, I set my goal at the 2615 support level. If you like my analytics you may support me with your like/comment ❤️
OANDA:XAUUSDShort
by FirstNameHelen
3
Bitcoin's status on hourly timeframes (4H)Bitcoin is in an ascending channel on the hourly timeframes. It had reached the top of the channel, reacted, and has now dropped. There is a support zone that could push the price back up to the previous high. Closing a 4-hour candle below the invalidation level will invalidate this move and lead to further drops. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
by behdark
GBPAUD Breakout Trendline: Long-Term Bullish ConfirmationThe GBPAUD pair shows signs of a significant trend shift after successfully breaking out of a long-term resistance trendline formed since 2001. Based on trendline analysis, the price consistently experienced pullbacks whenever it touched the resistance line. This pattern is illustrated on the chart with blue arrows indicating previous pullback areas. In the most recent movement, the price has successfully broken out of this resistance trendline, signaling a potential trend reversal from bearish to bullish. The breakout is marked on the chart with an orange box, followed by a retest marked with a green arrow, further solidifying the breakout zone as a key confirmation. Breaking through the major resistance signifies a significant change in market dynamics, where buying pressure has overcome the previously dominant selling pressure. Breakouts often trigger short-covering by sellers and attract buying interest from other traders, creating bullish momentum. The broken resistance area typically transforms into new support, providing a strong foundation for the continuation of the upward trend. After the breakout from the resistance area, the first bullish target is at the 2.05 resistance level, with further bullish potential towards the psychological level of 2.22. In a more optimistic scenario, the price could continue rising to the next long-term resistance at 2.40. To anticipate a false breakout, a stop loss can be placed below the 1.70 level or below the trendline. If the price moves back below the trendline, it would indicate a failed breakout and a potential continuation of the bearish trend. Disclaimer: This analysis is part of a trading plan and does not constitute trading advice. Technical analysis is probabilistic in nature and does not guarantee profitability. Always practice good risk management in every trading decision.
Long
by DNP-FX
XAGUSD- silver, waiting for the correction process to continue?!Silver is below EMA200 and EMA50 in the 4H timeframe and is moving in its descending channel. If the decline continues, we can see the demand zone and buy within that range with the appropriate risk reward. Stabilization of silver above the resistance range will provide us with the way for silver to rise to the supply range. With the Federal Reserve beginning its interest rate cuts in September and expectations for this trend to continue, markets are now shifting their focus toward determining the neutral rate. The neutral rate refers to the benchmark interest rate in a normal economic cycle that neither accelerates economic growth nor slows it down. Federal Reserve officials have emphasized that predicting this rate is currently not feasible. They insist that it is necessary to observe how economic data reacts to each stage of rate cuts before making any conclusions about the neutral rate. Nevertheless, bond market fluctuations suggest that this rate may be higher in the current cycle compared to previous ones. On average, FOMC members estimate a long-term neutral rate close to 3%, although this figure remains uncertain. According to a recent Reuters survey of economists, the yield on 10-year U.S. Treasury bonds is expected to decline to 4.3% within three months and 4.25% within a year. These figures were 4.25% and 4.1% in the November survey, and 3.8% and 3.75% in October.In a note from Citi, it was stated that demand for gold and silver is likely to remain strong until U.S. and global economic growth stabilizes. Additionally, buying these precious metals as a hedge against declining equity values will persist until U.S. interest rates reach the neutral level. This week, besides the FOMC’s decision on interest rates, other key economic data will be released. These include the GDP report, the Personal Consumption Expenditures (PCE) index, and the latest findings on consumer sentiment. Bloomberg has reported that Wall Street’s perspective on the U.S. dollar is shifting. Policies introduced by Donald Trump and further rate cuts by the Federal Reserve in the second half of 2025 could weaken the dollar’s strength. Analysts from Morgan Stanley to J.P. Morgan predict that the U.S. dollar will peak by mid-next year before entering a downward trajectory. Similarly, Société Générale has forecasted a 6% decline in the dollar index by the end of 2025. Bloomberg also noted that Jerome Powell, the Federal Reserve Chair, is expected to announce another quarter-point rate cut. However, the bigger question is what signals the Fed will provide regarding the future policy path and whether this will heighten tensions between Jerome Powell and President-elect Donald Trump. Following a full percentage point reduction in borrowing costs since mid-September, Powell and his colleagues are expected to pause rate cuts for now. The Federal Reserve is likely to maintain a holding pattern during its January meeting and reassess inflation and labor market conditions in March. This approach could lead to friction between the FOMC and Trump’s White House. Known for his preference for low rates and frequent complaints when he feels rates are not low enough, Trump’s arrival in office just over a week before the January meeting may amplify these tensions.
OANDA:XAGUSDLong
by Ali_PSND
SMCI: Bullish Momentum Building Amid Key Resistance?This chart shows the price action of Super Micro Computer (SMCI) stock on a 1-day timeframe. Below is a detailed interpretation based on the elements present in the chart: --- 1. Price Action: Current Price: $34.04, up +1.08% for the day. The price has been on a downward trend previously but has made a recent "Bullish" move, which is indicated by a rally from the lows. Resistance Levels: Around $41.90 and higher at $66.18 (major price zones with previous selling interest). Support Levels: Around $33.80 and below at $20 (historical areas where buyers showed interest). The "Discount" zone highlighted at the lower price levels suggests value buying. 2. Moving Averages: The orange line represents the 200-day Moving Average around $66.18, which acts as a long-term resistance. The blue line (possibly the 50-day Moving Average) around $36.52 serves as a more immediate resistance level. 3. Volume Profile: The Volume Profile (on the right) shows areas where significant trading occurred. The high-volume nodes around $34.00 and $41.00 indicate key price levels with significant interest. The low-volume zones above suggest that a breakout might face less resistance. --- 4. Indicators: Relative Strength Index (RSI) - Middle Panel: The RSI is currently showing a bullish move: Yellow line: Trending upwards and currently near 46.82 (neutral territory). A move above 50 signals strength; below 50 is weak. The recent "Bull" signal suggests potential upward momentum. MACD (Moving Average Convergence Divergence) - Bottom Panel: The MACD line (blue) is above the signal line (orange), which is bullish. Histogram bars: The green bars indicate positive momentum but are starting to flatten, suggesting a slight pause in upward movement. --- Key Observations: 1. Short-Term Bias: Slightly bullish as the indicators (RSI and MACD) are showing momentum shifting upward. 2. Resistance Levels: Watch the $36.52 and $41.90 price zones for possible rejection. 3. Long-Term Resistance: The 200-day Moving Average around $66.18 will likely act as a strong resistance. 4. Volume Support: The price is currently supported around $34, and any drop below could lead to a revisit of the discount area below $30. --- Conclusion: The stock appears to be attempting a recovery after a strong downward trend. Bulls need to maintain the price above $34.00 and push through $36.52 for confirmation of a reversal. Watch for volume and momentum to confirm further upward moves, while downside risks remain if the price falls below $33.80.
NASDAQ:SMCILong
by Dexterzilla
EconOptic| BTC's bullish move isn't done yet!KUCOIN:BTCUSDT **Bitcoin Technical Analysis for Today in 4-Hour Timeframe** Bitcoin is currently moving within an ascending channel in the 4-hour timeframe, forming higher highs and higher lows. Based on this trend, our goal is to align with the price's upward movement and open long positions. Given the market's high volatility, it is essential to set wider and more secure stop losses and enter trades only with strong triggers to minimize risks during potential price consolidations. At present, the price is interacting with the midline support of the ascending channel. The decreasing volume of bearish candles and their shrinking size indicate a possible power shift from sellers to buyers in a short-term cycle. Additionally, this level coincides with Bitcoin's previous resistance, which has now turned into support, acting as a crucial barrier against further declines. This confluence with the channel's midline creates a Potential Reversal Zone (PRZ). On the other hand, the RSI is moving along the lower Bollinger Band, which, in an uptrend, signals the exhaustion of selling pressure and the potential resurgence of buyers. This serves as further confirmation for seeking a reliable trigger to open a long position. The entry trigger for a long position in this analysis is marked at the price level of **107,538** with a green line. Upon price stabilization above this level, you can proceed with a buy position. The stop loss placement depends on your risk tolerance and expectations: - For a closer stop loss, you may place it around the white line and the midline of the channel. - For a safer stop loss, set it below the red line at **99,422**, which coincides with the SMA 99 and provides an additional barrier to further price drops. **Conclusion:** Considering the confluence of support factors, reduced selling pressure, and technical indicators, Bitcoin appears poised to continue its upward trend. However, adhering to risk management principles and entering trades only with confirmed triggers is crucial to capitalize on this movement.
Long
by EconOptic
2
USDJPY → Consolidation of price in the sell zoneFX:USDJPY reaches a strong resistance at 153.87 within an uptrend. Will this direction continue, as the Fed rate meeting is ahead.... Fundamentally, today is a big day for the markets. At 19:00 GMT the Fed rate meeting, where with a 93% probability the decision to cut interest rates by 0.25% will be made, which will make the dollar less attractive, but for how long, given Trump's policy? Accordingly, the dollar is in a consolidation phase, traders are waiting. If the dollar starts a downward correction, it will affect the currency pair accordingly. But I do not exclude that on the background of high volatility the price may form a retest of resistance and a false breakout. Resistance levels: 154.95, 156.75 Support levels: 151.44, 159.69 At the moment, after the retest of 0.79 fibo and the key resistance at 153.877, the price is consolidating in the selling zone. The fundamental background may increase the pressure, which may lead to a fall. Regards R. Linda!
Short
by RLinda
5
EUR/USD: Poised for a Reversal?On November 23, FOREXCOM:EURUSD broke below the critical 1.05 support zone, reaching a low of 1.0336. However, the pair quickly reversed course and has since been trading in a range between 1.0450 and 1.06. A closer look at the price action suggests the pair has established a strong floor and is awaiting a catalyst for an upward reversal. That catalyst could very well come today, with the anticipated Federal Reserve rate cut and subsequent press conference. Given the accumulated market tension, an accelerated move to the upside seems likely. Key Levels to Watch : Support: Any dips below 1.05 should be viewed as buying opportunities, with the potential for a rebound. Resistance: A target around 1.0750 appears realistic in the current context. Invalidation Level: If the price falls back below 1.04, this bullish scenario would be negated.
Long
by Mihai_Iacob
EurNzd could rise to 1.85On October 1st, EUR/NZD reached a local low at the psychological level of 1.75, followed by a reversal that lasted until November 1st, gaining nearly 1300 pips. A normal correction then occurred, and from mid-November, the pair started consolidating between the 1.78 and 1.80 levels. December brought a breakout above the key 1.80 level, and since then, EUR/NZD has been in a nice uptrend. As of now, the price is 1.8230, and it looks like a breakout above resistance is imminent. In this scenario, the next target for the bulls is the 1.85 level.
Long
by Mihai_Iacob
Boyd Gaming Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Boyd Gaming Stock Quote - Double Formation * (Neckline) | Survey Valid | Subdivision 1 * 50.00 USD | A+ Set Up Area - Triple Formation * Retracement | 0.382)) | Subdivision 2 * Trend Line 1 & 2 | Configuration * Daily Time Frame | 85.00 USD Trend Entry | Subdivision 3 Active Sessions On Relevant Range & Elemented Probabilities; London(Upwards) - NYC(Downwards) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Buy
CAPITALCOM:BYDLong
by TradePolitics
BXP Inc. Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # BXP Inc. Stock Quote - Double Formation * 52.60 USD | Uptrend Bias | Subdivision 1 * 012345 | Wave (1)) & (2)) | Extended Survey - Triple Formation * Retracement | 0.382)) | 0.236)) & 0)) | Subdivision 2 * 012345 | Wave (3)) | (4)) & (5)) | Subdivision 3 * (1) & (0.618) | Neutral Area Active Sessions On Relevant Range & Elemented Probabilities; London(Upwards) - NYC(Downwards) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Neutral
CAPITALCOM:BXP
by TradePolitics
AUDUSD InsightHello, subscribers! It's great to see you all. Please feel free to share your personal opinions in the comments. Don’t forget to like and subscribe! Key Points - U.S. retail sales for November, reported by the Department of Commerce, increased by 0.7%, surpassing market expectations. - Strong retail sales indicate that the momentum of the U.S. economy is strengthening. While a rate hold is widely expected at the December FOMC meeting, the prevailing view is that rates will also remain on hold in January. - With the Japanese yen weakening further against the dollar, some suggest that Japanese authorities might intervene in the currency markets. I- n the U.K., wages rose by 5.2% year-over-year from August to October, exceeding expectations and driving the pound higher. - In Canada, the November Consumer Price Index (CPI) rose by 1.9%, falling short of the market estimate of 2.0%, which weakened the Canadian dollar. Key Economic Indicators + December 18: U.K. November CPI, Eurozone November CPI, FOMC meeting results + December 19: Bank of Japan rate decision, Bank of England rate decision + December 20: U.S. November Personal Consumption Expenditures (PCE) Price Index AUD/USD Chart Analysis The AUD/USD pair has finally broken below the 0.63500 level. Based on the current chart, further declines toward the 0.62000 level seem likely. However, the direction could shift upward depending on the stance the Federal Reserve takes during this week’s FOMC meeting. If unexpected factors lead to an upward move, I’ll quickly revise the strategy accordingly.
Short
by shawntime_academy
CYCLE 4 | RSI Monthly TrendA quick post to cover Bitcoins Cycles with respect to the Monthly RSI. We can see based on the monthly close RSI values, a descending trend where each consecutive peak for consecutive bitcoins cycles have reduced in magnitude (i.e. a lower low RSI value coinciding with the trend reversal points. This trend is also evident with monthly RSI low values. Using trend lines (based on historic BTC behavior in the past), we can speculate what would not be abnormal monthly RSI behavior for this cycles (Cycle 4) top and the future bear market low. Have a play with the interactive tools in the post to observe details more clearly. I have also detailed Cycle 1-3 length from the bottom to the top, bear markets (top to bottom), halving's and each cycles Fib extensions for your reference. For greater detail, reference the below companion post to this discussion.
BITSTAMP:BTCUSD
by Brodie