We appear to be getting near the end of the correction on HBAR/USD. We see a big 4h falling wedge pattern and a bullish convergence to compliment this. I do think we're nearing the end of this correction. Watch carefully over the coming days.
With the price reaching the specified range (65-66%) on the Bitcoin market cap chart and the formation of a reversal pattern , we can hope for the start of the "ALT season".
Elliott Wave impulse is possibly finished, yet relying on Elliott counts alone comes with unfathomable risk, I looked for a constellation of additional pieces to qualify a short position on the 12H chart. That is fairly strong bearish price action with lower lows, and indicators are generally bearish or downgoing in the least. More relevantly, RSX left OBOS territory, MIDAS curve has been crossed, and VZO/Ehler's StochRSI have crossed almost in tandem. Ultimate goal is bottom of A, which an elliotician will recognize to be frequently 0.382 retracement, which interestingly forms a Fib cluster with the supposed fifth wave at 0.786 minor retracement.
CHF/JPY – Potential Reversal Setup The **Swiss Franc/Japanese Yen (CHF/JPY)** pair has been in a downtrend, but recent price action suggests a potential **bullish reversal** is forming. Key support at **165.059 - 166.234** has held strong, with multiple rejection wicks (highlighted in red ovals), indicating **buying pressure** at these levels. A **double bottom pattern** is emerging, further strengthening the case for a possible upside move. The **Fibonacci retracement levels** align with key resistance zones, with **175.632 and 178.814** as major upside targets. --- ## **? Bullish Confirmation & Upside Potential:** ✅ Price is bouncing from a **strong support zone** ? ✅ A breakout above the **moving average (dynamic resistance)** could trigger further buying momentum ✅ **Risk-to-reward ratio** is favorable for a long setup --- ## **? Key Targets:** ? **First target:** 170.000 (Psychological Level) ? **Second target:** 175.632 (Major Resistance Zone) ? **Final target:** 178.814 (Upper Fibonacci Extension Level) --- ## **? Risk Management:** ❌ **Stop-loss below** 165.059 to protect against further downside ❌ Avoid overleveraging & follow proper **risk-to-reward ratios**
Dropped as last idea, in end of week 8 No one knows what is next. But there are some areas to look for
Hello. Relatively new in the BTC field, any feedback will be appreciated. As seen on my chart, im expecting price to come back and fill a FVG formed on a recent dump. Seems that we have a somewhat decent bullish trend. My entry is based on liquidity, currently set at 96206, but I am aware we might see a stop hunt slightly below. First TP was set on a possible liq sweep reversal point since market does not really have a strong direction as of now, and Second TP is at the fvg start point. SL is set right below a lower high to avoid getting stopped from a stop hunt, if it reaches said point. Please, let me see your thoughts and if possible, to get feedback and learn more together:)
We have a huge trend shift (Bearish to Bullish) in weekly scale and I expect it to reach 1$ and then 2$. 0.5$ is a fair price to buy and hold.
EUR/JPY has been in a downtrend, but recent price action suggests a potential reversal is forming. Key support at 155.821-156.042 has held strong, with multiple rejection wicks (highlighted in red ovals), indicating buying pressure at these levels. The double bottom pattern (bullish reversal structure) is evident, further strengthening the case for an upside move. The Fibonacci retracement levels align with key resistance zones, with 161.8% (160.987) and 164.774 as major upside targets. ? Bullish Confirmation & Upside Potential: ✅ Price is bouncing from a strong support zone ? ✅ Breakout above the descending trendline could trigger further buying momentum ✅ Moving Average (50-day) is acting as dynamic resistance; a break above it can fuel the rally ? Key Targets: ? First target: 158.000 (Psychological Level) ? Second target: 160.987 (Fibonacci 0.618 level) ? Final target: 164.774 (Major Resistance Zone) ? Risk Management: ❌ Stop-loss below 155.821 to protect against further downside
IonQ (IONQ): Short-Term Buy Position with Bearish Confirmation Risks IonQ is currently in a short-term buying zone after experiencing a long pullback from $44 to $31. The next key move is a rebound to at least $35, where the stock could face resistance at its November 2021 levels or attempt a rise toward $40 to create a bearish confirmation pattern. If the bearish trend continues, IonQ could head toward $26, a critical support level where two key scenarios could unfold: Consolidation between $20 and $26, signaling market uncertainty and potential range-bound trading. Bullish channel formation between $26 and $35, which would suggest a gradual recovery and potential accumulation. Long-Term Risk: A Steep Correction Like 2021 If IonQ fails to stabilize within these key price zones, it could trigger a major percentage drop of 80–85%, similar to its 2021 crash from $35 to $10. Key downside levels to watch: $26: Must hold to prevent deeper declines. $20: Below this, the stock enters a high-risk phase. $10: A worst-case scenario if bearish momentum intensifies. Conclusion: Critical Levels to Watch Short-Term Resistance: $35–$40 (needs to break for bullish momentum). Long-Term Support Zones: $26 (major level) and $20 (critical risk point). Failure to hold above $26 could result in a sharp decline, repeating the 2021 pattern with a potential 80–85% drop. IonQ must stabilize above $26 to avoid a deeper correction, while a move past $40 could temporarily delay the bearish scenario. The next few months will be crucial in determining its long-term trajectory.
I missed the first opportunity(marked in a chart with an arrow) last Friday, but this chart is going on my watchlist to find another chance to take a short position. As you can see in the chart, the price fluctuates between 70.36 and 72.88 within the green rectangle range box.The last downtrend wave that broke the support level at 70.433 is very strong, and it began from the top of the range box. The target area marked on the chart is a key level and a very strong support for WTI. Actually, when the price broke the 70.40 support level, I could have taken a short position, but considering the stop-loss size, it was not easy to make a good gain. I'm going to wait for a price correction. If I find a sell setup, I'm going to take a short position.A lower low and lower high are going to be the next short trigger. Trading futures is always risky. Always do your own research and analysis. Do not forget the most important part: risk management. No one can predict how financial markets will behave with certainty.