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Support and Resistance

BITCOIN Indicates Consolidating Moves Before StronBitcoin (BTC) Market Analysis Report Summary and Conclusion Bitcoin (BTC) is currently trading around $117,000 to $118,000, showing a slight pullback from its recent all-time high near $123,000. The market sentiment is moderately bullish but cautious, with technical indicators signaling some overbought conditions and short-term consolidation. Institutional interest appears to be cooling off slightly, as evidenced by recent outflows from Bitcoin ETFs, while accumulation continues across various investor tiers, including whales and retail holders. Key resistance is near $119,400-$120,000, and support lies around $117,200-$116,900. The market is in a "perfect accumulation" phase, with strong buying support despite some profit-taking. The Fear & Greed Index is at 70, indicating greed but not extreme euphoria. Recent news highlights a mixed picture: Bitcoin remains dominant and stable, but altcoins are gaining some momentum. Institutional flows are shifting somewhat from Bitcoin to Ethereum and other altcoins. Experts predict potential for Bitcoin to reach $200,000 to $250,000 later this year, driven by macroeconomic factors like credit expansion and fiat inflation. Detailed Analysis 1. Price and Market Data Market Type Last Price (USD) 24h Change 24h High 24h Low 24h Volume (USD) Funding Rate (Contract) Spot 116,959.8 -1.65% 119,498.4 116,946.6 1.43B N/A Contract 116,962.7 -1.65% 119,492.9 116,935.5 8.91B 0.0001 Bitcoin is consolidating below $120,000 after reaching a peak of $123,218 on July 14. Trading volume remains robust, indicating active market participation. 2. Technical Indicators Bullish Signals: No strong bullish technical indicators currently detected. Bearish Signals: RSI indicates overbought conditions, suggesting short-term caution. Support and Resistance: Resistance: ~$119,416.6 Support: ~$117,227.4 MACD and other momentum indicators show indecisiveness, implying possible sideways movement or minor corrections before the next major move. 3. Market Sentiment Fear & Greed Index: 70 (Greed) Investor sentiment is bullish but tempered by profit-taking and cautious positioning. ETF flows show a recent reversal with $68 million outflows from Bitcoin ETFs, ending a 13-day inflow streak. Ethereum and altcoins are attracting more inflows, signaling a rotation in institutional interest. 4. Recent News Highlights Bitcoin remains dominant but has been mostly stagnant below $120K, while altcoins struggle for momentum. Institutional investors are shifting some capital from Bitcoin to Ethereum and other altcoins. Bitcoin is in a "perfect accumulation" phase, with all investor tiers building positions despite some whale transfers. Experts like Arthur Hayes predict Bitcoin could reach $250,000 by year-end, driven by credit expansion and macroeconomic factors. Network activity shows a slight dip in active addresses, indicating a short-term pause. Support levels around $116,952 and $114,354 are critical to watch for downside risk. Bitcoin's dominance remains strong at around 61%. 5. Outlook Short-term: Bitcoin may continue to consolidate between $117,000 and $120,000, with potential minor pullbacks due to overbought RSI. Medium to Long-term: Positive macro factors and accumulation trends suggest potential for new highs, possibly targeting $150,000 to $250,000. Watch for a breakout above $120,000 to confirm bullish momentum continuation. Monitor ETF flows and on-chain activity for signs of renewed institutional interest or caution. Recommendations for Traders and Investors Traders: Consider cautious trading around current levels, watching for RSI and MACD signals for entry/exit points. Be mindful of resistance near $120,000. Investors: Accumulation phase suggests good opportunities for long-term holding, especially if Bitcoin holds above $117,000. Risk Management: Keep stop-loss orders near support levels to mitigate downside risk in case of a correction.
by FxArena
350pips Secured — Focus Shifts to Dip-Buying StrategyToday's trading was very successful, and the grasp of the long and short rhythm was very accurate. Today's trading situation is as follows: 1. Close the short position with an overnight entry price of around 3386 near 3380, with a loss of 60 pips, and the loss amount exceeded $6K; 2. Directly short gold near 3380, manually close the position near 3366, profit 130pips, profit amount exceeded $12K; 3. Long gold near 3356, hit TP: 3372 and end the transaction, profit 160pips, profit amount exceeded $8K; 4. Long gold near 3362, hit TP; 3375 and end the transaction, profit 120pips, profit amount exceeded $6K. Intraday trading summary: Today, the long and short sides completed a total of 4 transactions, one of which suffered a loss, but the net profit was 350pips, and the profit amount exceeded $20K. For short-term trading, I think I can submit a satisfactory answer to myself today! How to execute the transaction next? Gold started to pull back from around 3438 and has now reached a low of around 3351, with a retracement of more than 870pips. The retracement space is not small. However, gold has stabilized above 3350 and has started a technical rebound repair, and the upward force is not weak, so gold may have completed the retracement. Under the support of these two technical conditions, gold may regain its upward momentum and hit 3400 again. At present, the short-term resistance is obvious, located in the area near 3380. Once gold breaks through 3380, gold will inevitably continue to rise and hit 3400 again; but I think as long as gold stabilizes above 3350, it is not difficult to break through the short-term resistance of 3380, so gold will inevitably test the 3400 mark again; and the short-term support below is in the 3365-3355 area. Gold may still retreat to this area first during the rise in order to increase liquidity and accumulate momentum, helping gold to break through 3380 more easily. So for the next short-term trading, I think it is feasible to go long on gold in the 3365-3355 area, first looking at the target area of 3380-3390, and then 3400.
OANDA:XAUUSDLong
by Trading_Steffen
Japanese Candlestick Cheat Sheet – Part Three- 3 candle patternsSo far in this series, we've broken down single candle formations ( Part 1 ) and explored double candle signals ( Part 2 ) — the kind of patterns that give you quick, often powerful hints about the market’s mood. But now it’s time to go a step further. 👉 In Part 3, we dive into triple candlestick formations — patterns that take more time to form, but often offer stronger confirmation and a more reliable narrative. They’re like reading three full sentences from the market instead of just one or two words. If you’re ready to spot momentum shifts (not noise), this lesson is for you. Let’s decode the story behind formations like Morning Star, Three White Soldiers, and so on. MORNING STAR Bias: Bullish What is the Morning Star pattern? The Morning Star pattern consists of a bearish candle, a small-bodied middle candle, and a bullish candle, forming at the end of a downtrend to signal potential reversal. This pattern reflects a shift from seller dominance to buyer strength, as the middle candle marks a pause before a reversal. The Morning Star is a reliable signal that buyer interest is reemerging. Understanding Morning Stars helps traders anticipate shifts in momentum, providing valuable entry points for new uptrends. Meaning: Found in downtrends; signals potential bullish reversal as buyers gain control, with strength confirmed by the third candle closing above the first. BULLISH ABANDONED BABY Bias: Bullish What is the Bullish Abandoned Baby pattern? The Bullish Abandoned Baby is a rare but powerful reversal pattern that consists of a bearish candle, a gapped doji, and a bullish candle. The middle doji reflects indecision, while the third bullish candle confirms the reversal. This pattern highlights a dramatic shift in sentiment, showing that buyers are prepared to take control. Recognizing the Bullish Abandoned Baby can offer traders insights into pivotal market shifts. Meaning: Appears in downtrends; suggests a strong bullish reversal, as the middle doji shows indecision, with confirmation by a strong bullish move. THREE WHITE SOLDIERS What is the Three White Soldiers pattern? The Three White Soldiers pattern consists of three consecutive bullish candles, each closing higher than the last, often appearing in downtrends to signal a potential bullish reversal. This pattern reflects sustained buying pressure, indicating that buyer sentiment is strong. Psychologically, it shows that buyers are steadily gaining confidence, pushing prices upward. For traders, Three White Soldiers provide a clear signal of momentum, ideal for capturing emerging trends. Meaning: Found in downtrends; signals potential trend reversal, showing sustained buying strength, often signaling the start of a bullish trend. MORNING DOJI STAR What is the Morning Doji Star pattern? The Morning Doji Star pattern is similar to the Morning Star, but with a doji as the middle candle, indicating greater indecision before a reversal. This pattern consists of a bearish candle, a doji, and a bullish candle, highlighting a transition from bearish to bullish sentiment. The doji reflects a moment when market sentiment is balanced, but the third candle confirms a bullish shift. Interpreting Morning Doji Stars can help traders identify turning points in downtrends, providing valuable entry opportunities. Meaning: Appears in downtrends; signals potential bullish reversal, with indecision from the doji and confirmation by a strong bullish candle. EVENING STAR What is the Evening Star pattern? The Evening Star is a three-candle pattern that appears at the top of an uptrend, signaling a potential bearish reversal. It consists of a bullish candle, a small-bodied middle candle, and a bearish candle, showing a transition from buyer control to seller strength. This pattern often appears at market peaks, where optimism is giving way to caution. Understanding the Evening Star pattern helps traders anticipate downtrend formations, allowing them to time their exits. Meaning: Found in uptrends; signals potential bearish reversal as sellers gain control, confirmed if the third candle closes below the first. BEARISH ABANDONED BABY What is the Bearish Abandoned Baby pattern? The Bearish Abandoned Baby is the bearish counterpart to the Bullish Abandoned Baby and consists of a bullish candle, a gapped doji, and a bearish candle. This pattern reveals a dramatic shift in sentiment from bullish to bearish, highlighting a sudden reversal at the top of an uptrend. Recognizing the Bearish Abandoned Baby can offer traders insight into market tops and impending trend changes. Meaning: Appears in uptrends; indicates strong bearish reversal, as indecision in the doji is followed by selling strength. THREE BLACK CROWS What is the Three Black Crows pattern? The Three Black Crows pattern consists of three consecutive bearish candles, each closing lower than the last, appearing in uptrends to signal potential reversal. This pattern reflects sustained selling pressure, indicating that sellers are gaining control. The Three Black Crows highlight a moment when buyer confidence wanes, marking the beginning of downward momentum. For traders, this pattern provides a clear signal to avoid buying into weakening trends or even entering short trades. Meaning: Found in uptrends; signals potential bearish reversal, with sustained selling pressure often marking the start of a downtrend. EVENING DOJI STAR What is the Evening Doji Star pattern? The Evening Doji Star is similar to the Evening Star, but with a doji as the middle candle, highlighting greater indecision. This pattern consists of a bullish candle, a doji, and a bearish candle, indicating a shift from bullish to bearish sentiment. The doji suggests that buyers are losing control, with sellers prepared to reverse the trend. Understanding Evening Doji Stars allows traders to recognize market tops, helping them avoid overextended trends. Meaning: Appears in uptrends; signals potential bearish reversal, as the doji suggests indecision, confirmed by strong selling on the third candle.
Education
by Mihai_Iacob
15
Gold technical outlook – Signs of exhaustion at channel topOANDA:XAUUSD is climbing within a well-defined ascending channel, and price is now brushing up against the upper boundary, a dynamic resistance zone that has historically triggered pullbacks. If price gets rejected here, we may see a healthy correction toward the key support at 3,350, offering a potential reload point for bulls. Should buyers step in and defend this level, the bullish structure remains intact, setting the stage for a renewed push higher. On the other hand, a clean break below 3,350 could open the door for a deeper retracement toward the lower edge of the channel, where more significant demand may lie. All eyes should be on price action and volume in this regio, watch for reversal patterns like bullish pin bars or engulfing candles to confirm entries. As always, risk management comes first. Don't trade assumptions, trade confirmations. What’s your take on this setup? Drop your thoughts below and let’s discuss!
OANDA:XAUUSDShort
by Brian_Nguyenn
ATLAS ENERGY Stock Chart Fibonacci Analysis 072425Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 13.2/61.80% Chart time frame:B A) 15 min(1W-3M) B) 1 hr(3M-6M) C) 4 hr(6M-1year) D) 1 day(1-3years) Stock progress:C A) Keep rising over 61.80% resistance B) 61.80% resistance C) 61.80% support D) Hit the bottom E) Hit the top Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern. When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point. As a great help, tradingview provides these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved. If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks. If want to prefer long term range trading, you can set the time frame to 1 hr or 1 day.
NYSE:AESI
by fibonacci6180
RPC Stock Chart Fibonacci Analysis 072425Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 4.6/61.80% Chart time frame:B A) 15 min(1W-3M) B) 1 hr(3M-6M) C) 4 hr(6M-1year) D) 1 day(1-3years) Stock progress:A A) Keep rising over 61.80% resistance B) 61.80% resistance C) 61.80% support D) Hit the bottom E) Hit the top Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern. When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point. As a great help, tradingview provides these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved. If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks. If want to prefer long term range trading, you can set the time frame to 1 hr or 1 day.
NYSE:RES
by fibonacci6180
LIBERTY ENERGY Stock Chart Fibonacci Analysis 072425Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 11.6/61.80% Chart time frame:B A) 15 min(1W-3M) B) 1 hr(3M-6M) C) 4 hr(6M-1year) D) 1 day(1-3years) Stock progress:A A) Keep rising over 61.80% resistance B) 61.80% resistance C) 61.80% support D) Hit the bottom E) Hit the top Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern. When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point. As a great help, tradingview provides these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved. If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks. If want to prefer long term range trading, you can set the time frame to 1 hr or 1 day.
NYSE:LBRT
by fibonacci6180
WTI crude: $65 floor holds again as bulls test 50-day MAAfter nine failures to break and close beneath $65 per barrel over the past month, you have to wonder how much longer bears will persist in attempting to take out the level. Following a nice pop higher on Thursday, completing a morning star pattern and closing above the 50-day moving average, it may be time for WTI bulls to have their day in the sun. For those eyeing long setups, positions could be initiated above the 50-day moving average with a stop beneath for protection against reversal. As for potential targets, the contract had little luck breaking cleanly above the 200-day moving average earlier this month, making it screen as a suitable level. It’s found just below $68 per barrel today. Good luck! DS
FOREXCOM:USOILLong
by FOREXcom
Welcome Back! Gold Trading Strategy & Key Zones to WatchIn this week’s welcome back video, I’m breaking down my updated approach to XAU/USD and how I plan to tackle the Gold markets in the coming days. After taking a short break, I’m back with fresh eyes and refined focus. We’ll review current market structure, identify key liquidity zones, and outline the scenarios I’m watching for potential entries. Whether you’re day trading or swing trading gold, this breakdown will help you frame your week with clarity and confidence. 📌 Covered in this video: My refreshed trading mindset after a break Key support/resistance and liquidity zones Market structure insights and setup conditions What I’ll personally avoid this week The “trap zones” that might catch retail traders off guard 🧠 Let’s focus on process over profits — welcome back, and let’s get to work.
OANDA:XAUUSDEducation
by Adlercon333
Is $PENGU Cooling Off?CSECY:PENGU continues to deliver, respecting structure and printing some clean price action. After breaking out of consolidation beneath the LOI at 0.032, price extended sharply, reaching as high as 0.0469—where we just saw a firm rejection, previously identified in the last update. That level wasn’t random. It aligned with a Most Likely Target (MLT) for a wave 5 at a lesser degree and a wave 3 at a higher degree. That kind of confluence usually draws in some heat—and it did. So what now? The conservative bull outlook is that we may be entering a wave 4. How this pullback unfolds could tell us a lot. The last retrace was shallow, and if this one digs a bit deeper or breaks certain levels with pattern clarity, that might signal a higher degree wave 4 is underway. The key level here is the 0.0325 level we were watching before. The raging bull scenario is that we’re still in a lesser degree impulse up. A hold and bounce off the key level could be enough to continue the move higher. But I’m watching the conservative outlook here until we get more print. Here’s what I’m watching: • Wave 4 Behavior Is this a pause or a pivot? The next leg depends on how corrective this gets. • 0.027 A break here would raise eyebrows. That’s a deeper level of interest and could hint at something more than a minor pullback. • Pattern Depth & Structure Each retrace tells a story. More complex wave 4s tend to show themselves through drawn-out corrections or deeper fib targets. I’m still holding partial from the original 0.012 entry, having taken some profit on the way up. If we get a clean W4 print, I’ll be scouting for the next add. Trade what’s printed. Stay flexible. Let the wave show its hand. Trade Safe. Trade Clarity.
Long
by CryptoKnee
1
SELL USTEC 25.7.2025Reversal trade order: SELL at H1~M15 (all-time high - ATH) Type of entry: Limit order Reason: - The price breakout the sub key of M15, confirming it will hit the main key M15. - There is a key H1 support at the entry point. Note: - Management of money carefully at the price of bottom of M15 (23,343) Set up entry: - Entry sell at 23,264 - SL at 23,281 - TP1: 23,243 - TP2: 23,223 - TP3: 23,207 Trading Method: Price action (No indicator, only trend and candles)
ICMARKETS:USTECShort
by phucvu1139
5
EURCAD Wave Analysis – 24 July 2025- EURCAD reversed from support zone - Likely to rise to resistance level 1.6100 EURCAD currency pair earlier reversed up from the support zone between the key support level 1.5950 (former monthly high from April), 20-day moving average and the 38.2% Fibonacci correction of the upward impulse from May. The upward reversal from this support zone started the active minor impulse wave iii – which belongs to the intermediate impulse wave (3) from the end of 2024. Given the overriding daily uptrend, EURCAD currency pair can be expected to rise to the next resistance level 1.6100 (which stopped the previous impulse wave i in June).
Long
by FxProGlobal
Ebay Wave Analysis – 24 July 2025 - Ebay broke round resistance level 80.00 - Likely to rise to resistance level 84.00 Ebay recently broke the round resistance level 80.00 (which stopped the previous intermediate impulse wave (5) at the start of June, as can be seen below). The breakout of the resistance level 80.00 accelerated the active minor impulse wave 3 – which belongs to the intermediate impulse wave (3) from the start of July. Given the clear daily uptrend, Ebay can be expected to rise to the next resistance level 84.00 (target price for the completion of the active minor impulse wave 3).
NASDAQ:EBAYLong
by FxProGlobal
ASX200 to find buyers at current market price?ASX200 - 24h expiry Price action resulted in a new all-time high at 8765. Price action continues to trade around the all-time highs. The bullish engulfing candle on the 4 hour chart the positive for sentiment. 50 4hour EMA is at 8658. We look for a temporary move lower. We look to Buy at 8661 (stop at 8615) Our profit targets will be 8801 and 8831 Resistance: 8700 / 8749 / 8765 Support: 8658 / 8629 / 8600 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
OANDA:AU200AUDLong
by OANDA
NovoCure Limited (NVCR) to rally 100% ??** short term forecast, days and weeks ahead ** On the above 10 day chart price action has crashed 95% since support failed. Today sellers are trying to push that correction to 100%, are they right? Unlikely. 1) Price action (not visible on LOG) and RSI resistance breakouts. 2) Support on past resistance confirms. 3) Trend reversal. Higher lows print. 4) Bull flag confirmation forecasting a 100% move to mid 30’s. Is it possible price action corrects further? Sure. Is it probable? No. Ww Type: trade Risk: you decide Timeframe for long: Yesterday Return: 100% Stop loss: Will say elsewhere
NASDAQ:NVCRLong
by without_worries
6
PCG Weekly Swing Trade | High-Probability Reversal Zone📍 Ticker: PCG (Pacific Gas & Electric Co.) 📆 Timeframe: 1W (Weekly) 💡 Pattern: Head & Shoulders Formation – Testing Neckline & Long-Term Support 📉 Price: $13.87 (current weekly level) 📊 Volume: 78M 📉 RSI: 33.7 → oversold zone brewing 🔍 What the Chart is Showing PCG is in the late stages of a Head & Shoulders pattern, but the right shoulder is still developing. Price is now pressing into a critical confluence area where multiple factors intersect: ✅ Neckline zone from the potential H&S structure ✅ Multi-year ascending trendline support (2020 origin) ✅ Horizontal support cluster from 2022–2023 consolidation ✅ Weekly RSI hovering near oversold, hinting at possible bullish divergence Importantly, the H&S is not yet confirmed – it would require a decisive weekly close below the neckline to trigger a textbook breakdown. 🧠 Swing Trade Scenarios ➡️ Bullish Reversal Scenario (Failed Breakdown) 🟢 Entry Zone: $13.60–$14.00 🎯 Target 1: $14.62 (initial resistance pivot) - close 30-70% of the position 🎯 Target 2: $17.80–$18.50 (major resistance) - close the another 30-70% of the position. ⛔️ Stop-Loss 1: Close below $13.20 (neckline break confirmation) ➡️ Bearish Breakdown Scenario (Pattern Confirmation) ❌ If PCG closes below $13.20 on the weekly, it confirms the H&S → opens downside toward $11.50 (the lowest trendline support) ⚠️ What Makes This Week Critical 📌 A hammer-like candle is forming – but needs a strong weekly close to indicate buyer absorption 📌 A close above $14.00 would weaken the H&S formation, hinting at a failed pattern 📌 A close below $13.20 would confirm the bearish continuation This is a decision zone: either the right shoulder fails, triggering a deeper swing lower, or buyers defend and negate the pattern. 💬 Will PCG confirm the weekly H&S breakdown or trap bears with a failed pattern bounce? ✅ This week’s close will define the next major swing move! LIKE & FOLLOW for more professional swing setups with clean risk/reward. #PCG #SwingTrade #Utilities #TargetTraders #TechnicalAnalysis #HeadAndShoulders
NYSE:PCGLong
by TargetTraders
2
ETH Analysis (1W)Here I am, presenting the asset I personally dislike the most — ETH. But the chart doesn’t care about feelings. ETH looks ultra bullish, but only if it breaks above the $4,125 level. Why this level? The $3,800–$4,100 range has historically acted as a major distribution zone — a place where market participants have consistently taken profit for years. If this resistance is finally broken, we could see ETH rally toward $6,900 as a minimum target. This level is based on the breakout projection of the long-standing macro structure. Honestly, the target looks even better than the asset itself :) Good Luck.
Long
by vs_sayin
1
ETC Analysis (3D)ETC is showing a strong bullish structure, just like many other altcoins. The key difference? ETC has already confirmed its breakout. As long as ETC holds above the $21 level, I believe the minimum target sits at $32 in the coming weeks. According to Elliott Wave Theory, that $32 region also marks the end of wave 3, which perfectly aligns with a daily supply block, a strong technical confluence. Recently, ETC tapped the rebuy zone, highlighted in purple (S/R zone) on the chart. Lower timeframes also support this bullish continuation scenario. Momentum is on the side of the bulls. S wishes you the best of luck!
Long
by vs_sayin
2