A resistance zone is marked near the top (around the 1.13 - 1.14 range), which was previously a strong price ceiling. A support zone is marked near the bottom, showing a level where price previously bounced back up. 2. Break of Structure (BOS): A BOS label indicates a key price structure has been broken, suggesting a potential shift in market direction — in this case, likely a bullish breakout. 3. Rocket Icon and Target Area: The rocket icon and green target box symbolize a bullish price projection, suggesting that price may continue upward. The target zone is projected near 1.165547, hinting at a long/buy position expectation. 4. Fibonacci Level: There's a Fibonacci extension or retracement level (0.786923566402819) drawn, likely helping define entries or confirmations. 5. Price Action: The chart shows a strong bullish momentum with a recent breakout from consolidation. A small consolidation or retest pattern is drawn within the green zone (above 1.13546), suggesting a bullish continuation after a potential retest. 6. Trade Setup: The chart likely represents a buy setup, entering around 1.13546 after a pullback, with stop loss below the red zone and take profit near the green target zone.
Solana has gained strong upward momentum, trading around $130 in the last 24 hours. The token reached a new weekly high, outperforming many altcoins during the broader crypto market recovery. Growing speculation around the possible approval of a Solana Exchange-Traded Fund (ETF) has fueled this bullish movement. Investor attention turned sharply after Bloomberg ETF analyst James Seyffart clarified that the U.S. Securities and Exchange Commission (SEC) has until October 10 to issue a final decision on the proposed Solana ETF. However, he also pointed out that early approval is still possible, though unlikely. Under the leadership of Paul Atkins and with input from Hester Peirce's Crypto Task Force, the SEC may fast-track decisions related to digital assets. A Solana ETF could bring institutional capital into the ecosystem, similar to what happened with Bitcoin and Ethereum after their respective ETFs gained approval. Analysts believe that updated regulations, especially regarding asset custody and digital definitions, will be key in shaping the outcome. If progress continues, early approval remains a possibility, although most market watchers still expect a final decision closer to the October deadline. Technical Analysis On the chart, SOL has found support at a major demand zone around the $110–$115 range. The price is now trading above this area after reading below $100 at some point, marking an internal bearish break of structure. If the bullish momentum can sustain to trade and close above the recent lower high at around $147, that move would suggest a shift in trend. If the price fails to maintain momentum and break above $147, bearish momentum will continue, with a potential retest of the support zone below $100.
Downtrending Nifty has to break Resistance of 23K for reversal.
https://www.tradingview.com/x/Xly9bgZt/ Hello,Traders! NATGAS made a bearish Breakout of the support Cluster of the rising and Horizontal support levels Which is now a resistance Cluster round 3.717$ then Went down and made a local Pullback on Thursday and Friday but we are bearish Biased mid-term so we Will be expecting a further Bearish move down this week Sell! Comment and subscribe to help us grow! Check out other forecasts below too! Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
#TAO has been moving sideways, possibly forming a major 4th wave triangle since its top back in April 2024. This week’s bounce from key support was strong, forming a potential motive first wave. Breaking $162 is the stop-loss and invalidates this idea. #Bittensor
1- Double Bottom coupled with Divergence and followed by Convergence. 2- Correction happened in the form of Bullish Flag. 3- After correction strong Bullish Impulse. 4- AB = CD pattern anticipated. 5- Therefore, one can expect a push to the upside. 6- Look for BUY Entry after correction, not (when price action is) on the way down.
The masses have the wrong ideas about Trading. It is a business and just like others it involves risk. We grow, we learn, earn and scale up. Crafting a plan is essential to success and character also play a key role here. In this business, risk is an inherent part of the equation. Just like any other enterprise, trading exposes you to challenges and setbacks, but it's how you manage these risks that can differentiate a thriving business from one that falters. Careful risk management—whether through proper position sizing, stop-loss strategies, or diversification—is the foundation that helps protect your capital while you grow your business over time. Crafting a trading plan is essential. This plan should not only outline your entry and exit strategies based on rigorous analysis but also incorporate a framework to evaluate your performance critically. A well-crafted plan serves as a roadmap, guiding your decisions in both favorable and challenging market conditions. Moreover, it creates a discipline that protects you from emotional reactions that can often lead to impulsive decisions—a common pitfall in trading. Character plays a crucial role as well. In trading, psychological fortitude, resilience in the face of losses, and the humility to learn from mistakes are qualities that separate the successful from the rest. Many people mistakenly believe that a few big wins can offset a series of missteps; however, it is the consistent, calculated, and disciplined approach that leads to sustainable growth. This business mindset—acknowledging that each trade is a learning opportunity and a step in scaling up your efforts—is what ultimately propels traders to long-term success. In essence, re-framing trading as a business fosters a mindset where every decision is taken seriously, every mistake is analyzed for improvement, and every trade is seen as a building block for growth. This approach not only minimizes unnecessary risks but also enables you to scale up with confidence. I'm curious—what elements of your trading plan do you find most effective at keeping your business mindset in check, and are there aspects you'd like to refine further?
Through my weekly Episode multitime frame analysis , you will get deep insights . Market in on rising channel since last year,our eyes will be at 3380 milestone on this weekly candle. First of all market is critical channel if any h4,D1 close below 3180 well see 3030 and 2950 in extension.
OANDA:GBPAUD from first analysis from 26.Mart we are folow situation, i am make updates, we are not have bearish trend confirmation, price is make new bullish push on start of April. Currently from start of last week price is start showing bearish signs. We have now 4h rectangle pattern visible, from here in new week expecting still bearish continuation. SUP zone: 2.12000 RES zone: 2.04000, 2.00500
Bitcoin has rallied out of my anticipated 76K AREA reversal zone (see my previous week's analysis). I anticipated this move BEFORE all of the news and drama that transpired over the week because I focus on relevant information that came from this chart. As of now, price is fluctuating in the middle of a consolidation. While price is still attractive in terms of the bigger picture for investment, the fact that it is in the middle of a short term consolidation must be strongly considered for day and swing trade strategies. Here's my perspective. A double bottom (failed low) has been established around the 74 to 76K area. It does NOT matter why, all that matters is the structure is now in place. This is very important for two specific reasons: 1) it is a broader higher low (Wave 4 bottom?) which implies a higher high or at least test of high is more likely to follow. This means test of 109K over the coming months is within reason. 2) Resistance levels have a greater chance of breaking while supports have a greater chance of being maintained. Current prices up into the 90K resistance are attractive for dollar cost averaging while broader risk can be measured by the 76K area low. As for swing trades, price is fluctuating at a mid point of a consolidation. The range low is around 76K, the high around 88K (see arrow). When it comes to smaller time frame strategies, consolidation mid points are HIGHLY random areas. This is where you either WAIT it out for a support or resistance to be reached before taking a signal OR go with continuation patterns (Trade Scanner Pro great for this). The higher probability scenario would be a minor retrace into the high 70Ks or low 80Ks for a swing trade long. Otherwise WAIT for the 88K to 90K resistance area for short signals which would be EXTREMELY aggressive given the fact Bitcoin is generally bullish. And day trades strategies have a similar outlook. Being in the middle of the range means smaller time frame supports and resistances within the area 83K to 88K are going to be less reliable or more random until price momentum asserts itself on the bigger picture. Beginners should simply avoid this environment, but if you must participate, the best way to adjust is work on smaller time frames like 5 minute or less and accept the whatever the R:R ratio is for that time frame. Either way do NOT expect BIG moves until price makes its way to one of the outer boundaries of the range. The Trade Scanner Pro quantifies the R:R for your chosen time frame and gives you a much better idea of what to expect. The illustration on the chart points to a short term rejection of the 88K to 90K area resistance. This can be attractive for those who are willing to accept greater risk and operate on smaller time frames. IF Bitcoin breaks 90K, it can easily squeeze into the 95K area and all it takes is an unexpected news announcement which seems to happen regularly in this environment. NO ONE knows where the market is going, we can only assign probabilities which is why RISK must be assessed and RESPECTED before ANYTHING else. This game is hard not because traders lack intelligence, it is because MOST participants believe they are consuming information that is relevant, especially if this behavior has been reinforced by random wins. As retail traders we have to operate with a blind fold while a small minority of participants operate with HIGH quality information. Here's a hint: you will not find truly relevant information on public platforms like Twitter, mainstream news, etc., yet people still turn to these sources when they feel the need to be "informed". Everything you NEED is on your chart. Thank you for considering my analysis and perspective.