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Tehthomas

EURAUD is currently showing signs of a bearishEURAUD is currently showing signs of a bearish trend continuation. Despite short-term upward movement driven by optimism around the ECB, the overall structure remains vulnerable to downside pressure. The European Central Bank (ECB) is expected to keep interest rates unchanged, potentially ending a seven-year streak of cuts. While this could bring temporary strength to the Euro, the technical setup still favours the bears. Watch for a Break Below the Neckline If price manages to break below the neckline of the current pattern, it could trigger a strong bearish move. First support: 1.77100 Second support: 1.76300 You May find more details in the chart. Ps: Support with like and comments for more analysis.
Short
by MrMartin_11
19
BTC/USDT 125k? or 110k fall again?BTC/USDT 4H Analysis – July 20, 2025 The current market structure shows a bullish pennant forming after a strong impulsive move upward, with price consolidating between key support and resistance levels. This pattern, combined with volume signals and key price zones, suggests a potential for a high-volatility breakout. 🔷 Volume Profile & OBV Insights The On-Balance Volume (OBV) indicator is forming a symmetrical triangle, indicating a volume squeeze. This suggests a potential sudden spike in volume that could confirm the next major move. Anchored Volume Profile (VPVR) on the right shows a notable low-volume area between 112K–115K. If price breaks below this zone, it could lead to a rapid selloff toward deeper fair value areas due to reduced liquidity support. 📈 Bullish Scenario If price breaks above the pennant resistance and 119.5K liquidity zone, it may signal bullish continuation. A successful retest of the breakout level as support would confirm strength, opening the door to: Short-term target: 123K (supply zone and previous swing high) Mid-term target: 125K (key psychological level and potential ATH) Watch for confirmation via OBV breakout and strong bullish volume. Failure to sustain above the 118K–119K area could signal a bull trap. 📉 Bearish Scenario A breakdown below pennant support and the 115K level would likely trigger a move into the low-volume range. First key downside target: 114.7K–115.7K, which aligns with the Golden Pocket (Fib 0.618 zone) and a 4H Fair Value Gap (FVG). This zone may act as a support or a liquidity grab reversal area. If this zone fails to hold, deeper downside targets become likely: FVG 2 (~112K) Psychological support at 110K, which aligns with strong historical demand and a major VPVR node. This bearish move may either confirm further downside momentum or present a fakeout opportunity if price sharply reverses from one of these deeper levels. ✅ Summary BTC is coiled within a bullish pennant, with both bullish continuation and bearish breakdown scenarios in play. Volume confirmation and breakout direction will be key. Traders should monitor how price reacts around the 115K–118K zone for directional clarity. A move beyond this range, especially with volume support, will likely define the next trend leg.
Long
by King_BennyBag
33