Get started

Retest

#BTC: A BULLISH RETEST??Hey everyone! Appreciate a like and follow if this analysis helps! Bitcoin is currently trading near the $61.6k level. Following a breakout from an ascending triangle, it's now retesting the triangle's resistance. The 200MA acts as additional support. A bounce from this retest is anticipated. However, a failure to hold the retest level and a subsequent close back within the triangle would invalidate the bullish pattern. In this scenario, we could see a potential pullback towards the $56k-$57k range. Potential Targets: Breakout: A successful breakout could lead to a rally towards FWB:65K -$68k. Stronger Breakout: A more decisive breakout could target $70k-$75k. What are your thoughts on Bitcoin's current price action? Share your analysis in the comments!
Long
by CoreCrypto1
1
Natco Pharma Breakout Retest! 🚀 Hey Dosto! 👋 🔍 Chart Analysis: Natco Pharma - CMP 980 📊 🚀 Reasons for Trade: Strong Uptrend Cup and Handle Breakout Retest 💹 Trade Details: CMP: 980 SL: 918 Targets: 1090, 1188 🌟 Why Natco Pharma? After a cup and handle breakout, Natco Pharma has retraced for a retest, indicating potential upward momentum. 💡 Trade Strategy: 📈 Enter after retest confirmation. ⚖️ Set SL at 918. 🎯 Targets at 1050, 1110, and 1200. 📈 Disclaimer: I'm not a SEBI registered analyst. Trade at your own discretion. 🚀 Excited about this trade? Share your thoughts below! Let's discuss! 🤝💬 #NatcoPharma #StockMarket #TradeAlert #TechnicalAnalysis #BreakoutRetest 📈✨
NSE:NATCOPHARM
by satyam15
EURUSD Long - term outlookEURUSD Long - term outlook This is a Daily chart for the EURUSD. With the most recent increase, EURUSD managed to break out to the up side of a massive Triangle that's been forming since January 2024 At this stage the price has produced an effective breakout as it has closed a few candles above the resistance line There are 2 additional confluences that support a possible increase - The 20, 50 and 200 EMAs align to indicate a possible beginning on an up trend and the MACD is indicating Bullish continuation The price can continue up targeting 1.11 and 1.125 in extension but this might as well be a false breakout and the price may reverse down again aiming at the 1.07 levels The way that you can increase your chances for success are by looking at a smaller time frame
by RTED_Investing
EURUSD 4H Retest on the Big triangle from DailyEURUSD 4H On this 4H chart we look closer in the current situation. There are a few things to take in consideration: The market structure on EURUSD has changed from Bearish to Bullish with the latest up swing. This transition is indicated from the blue lines and the orange lines The price is forming a double divergence on the MACD and the RSI. This suggests that the price can correct to the previous MH point of the bullish structure which aligns with the resistance of the triangle (now a support for the price) Once the price potentially corrects to that level, it will be important to monitor close in order to determine if this is a retest or a false breakout and get an idea how to trade it
by RTED_Investing
GBPCHF Down Trend ChannelGBPCHF is currently making lower lows, signalling a bearish trend. It recently hit the 50% retracement level on the daily timeframe and is now approaching significant resistance around 1.12500, near the upper edge of the channel. The price has been consolidating since April but has since broken out of that range. The market is now pulling back to retest the lower boundary of the former consolidation zone. This could be a classic breakout-pullback-continuation pattern. The last two daily candles are doji candles, indicating market indecision. If the price breaks below the lows of these doji candles, we could see an impulsive move down, reinforcing the bearish sentiment. The target is the support level at 1.09875
Short
by RTED_Investing
EURUSD in a potential Pullback Continuation ScenarioAfter breaking out of the consolidation zone, the market is now approaching the next significant resistance level. EURUSD has closed above the critical level of 1.1000 on the daily timeframe, and the market is currently pulling back to this level. With high-impact news on the horizon, we can anticipate an increase in market volatility today. Given the prevailing bullish trend, the market can experience a rejection in the form of a long-tailed bar below this psychological level before continuing the upward movement. The goal is the resistance level at 1.10715
Long
by RTED_Investing
Bitcoin Contracting before ExplodingBTCUSD has seen a solid rebound off a crucial support level, successfully capturing liquidity at the previous month's low. Over the past week, the daily chart displayed choppy price action, leading to a period of consolidation within a tight range. Notably, the weekly timeframe has formed an inside bar pattern, signalling potential indecision among traders. A break and close above 63,000 could provide a strong bullish signal, potentially driving the market toward the next resistance level at 73,000. The upward momentum could persist, especially if the market rejects the prior week's low. On the 1H timeframe, a classic triangle pattern is unfolding, suggesting the price may continue oscillating within this structure before making a decisive move. The target is the resistance zone at 63,400
COINBASE:BTCUSDLong
by RTED_Investing
XAUUSD potential further push towards the 2550XAUUSD surged to a fresh all-time high on Friday, pushing past previous resistance levels. The price hit 2,508 and closed with a strong bullish candle, indicating the ongoing upward trend. This robust momentum suggests that further gains are likely in the coming week. On the two-week chart, there’s a decisive break and close above the July high, hinting at an extension toward the 2,550 resistance zone, especially since the inside bar formation has been triggered. On the daily timeframe, the market also broke and closed above a triangle pattern, a textbook signal for trend continuation. The price action seems to be developing an AB = CD pattern, with the D point projected around the 2,550 level
FOREXCOM:XAUUSDLong
by RTED_Investing
BTC - Price is still retesting#BTC/USDT #Analysis Description --------------------------------------------------------------- + It's fascinating to observe that this retest remains in progress, consistently holding up as a support level over an extended period. This resilience suggests a strong underlying foundation, even as market conditions fluctuate. + As the downtrend continues to unfold, it indicates that future retest attempts may push to even lower price levels while still maintaining their effectiveness. This pattern underscores the importance of carefully monitoring these price movements, as they could provide valuable insights into market behavior. + The key element to focus on here is the continuation of the trend. For Bitcoin to reverse this downtrend, it must demonstrate robust buy-side volume during these retests. A strong influx of buying interest at these critical junctures could signal a potential shift in market sentiment, paving the way for a possible upward momentum. --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
Long
by VectorAlgo
TURBO/USDT: LOOKS READY FOR AN ATH!!Hey everyone! If you're enjoying this analysis, a thumbs up and follow would be greatly appreciated! TURBO looks good here. It breaks out from the descending triangle and a retest is also done to, make a double bottom-like structure. Buy some here and add more up to $0.0038 Target1:- $0.0047 Target2:- $0.0061 Target3:- $0.0073 Target4:- $0.0086 SL:- $0.0034 What are your thoughts on TURBO's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
Long
by CoreCrypto1
Be careful with BTC here..Even tho BTC is up 10% today I would'nt get my hopes all the way up just yet. Something interesting is happening here.. History shows: every time 20 & 50MA line crossed the 200MA line to the downside in the past, BTC went into a full on bear market. 20 & 50 MA is still just above 200MA, but a cross to the downside could give confirmation we need for a bearish trend. A good short opportunity in my opinion is therefore a trade with entry at the 200 day mooving average. Stop loss can be placed above 20 & 50 MA or above the decending channel top if you want to give the market more room.. It's a trade worth taking even tho we could break the ressistance and go into price discovery aswell. A short term target would be a test of the support we had at 56 500 and a intra- day target would be at the low end of the channel at about 50-52k. Make sure to follow me on X for more weekly updates: @PuppyNakamoto Our wolf pack are hunting for profits, one block at a time..🐺 BITSTAMP:BTCUSD COINBASE:BTCUSD BINANCE:BTCUSD KRAKEN:BTCUSD BITFINEX:BTCUSD
COINBASE:BTCUSDShort
by WOLFofBlockStreet
AVAX/USDT: 70% PROFIT POTENTIAL TRADE SETUP!!Hey everyone! If you're enjoying this analysis, a thumbs up and follow would be greatly appreciated! AVAX looks decent here. Breaking out from the falling wedge-like structure in the daily time frame and currently, retesting it. Also, holding 50MA support here very well. Buy some here and add more in the dip. Entry range:- $27-$29 Targets:- $33/$38/$42/$48 SL:- $24.5 Lev:- 2x-4x What are your thoughts on AVAX's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
Long
by CoreCrypto1
DOGE: DO NOT MISS IT HERE!Hey everyone! If you're enjoying this analysis, a thumbs up and follow would be greatly appreciated! DOGE looks good in the daily time frame. Breaks out from the bull flag-like pattern here and currently retesting the support trendline. Buy some here and add more in the dip. Entry range:- $0.12-$0.13 Targets:- $0.173/$0.203/$0.274/$0.334 SL:- $0.1 What are your thoughts on DOGE's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
Long
by CoreCrypto1
TURBO/USDT LOOKS READY FOR AN ATH!!Hey everyone! If you're enjoying this analysis, a thumbs up and follow would be greatly appreciated! TURBO looks very good in the daily time frame. Breaking out from the descending triangle pattern and a retest is also done. Now, it looks ready for a big pump. Buy some here and add more in the dip. Entry range:- $0.0036-$0.0042 Targets:- $0.00495/$0.0067/$0.0082/$0.0095 SL:- $0.0030 What are your thoughts on TURBO's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
Long
by CoreCrypto1
#BTC: QUICK UPDATE!!Hey everyone! If you enjoy this analysis, a thumbs up and follow would be greatly appreciated! BTC is forming a bull flag-like pattern in 1hr time frame and it is holding an important trendline support so far. Currently, it is retesting the flag. If it maintains this retest level and bounces we can expect another upside movement up to the $68k level. Target:- $68k Invalidation:- 1hr close below the trendline. What are your thoughts on BTC's current price action? Share your analysis in the comments below!
Long
by CoreCrypto1