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Silver INTRADAY, Bullish breakoutSilver (XAG/USD) maintains a bullish outlook, supported by the long-term uptrend, characterized by a sequence of higher highs and higher lows. The recent pullback appears to be a corrective move, currently testing a rising trendline support zone, which remains crucial for trend continuation. Key Technical Levels Immediate Support: $31.50 (previous consolidation range and trendline support) Major Support Levels: $30.60 $30.20 $30.00 Immediate Resistance: $32.13 (short-term breakout level) Major Resistance Levels: $32.30 $32.60 $33.50 Bullish Scenario: A successful hold of 31.50 and a bullish bounce could trigger further upside momentum, with key resistance targets at: 32.13 – Initial resistance where some profit-taking may occur. 32.60 – A stronger resistance zone, potentially capping further gains. 33.52 – A key level that, if broken, could signal a continuation of the bullish trend. Bearish Scenario: A confirmed break below 31.50, especially with a daily close under this level, would shift the outlook bearish. In this case, downside targets include: 30.60 – First support level, where buyers may attempt to stabilize the price. 30.20 – A deeper support zone, signaling further weakness if breached. 30.00 – A key psychological support level that could confirm extended bearish momentum. Conclusion: Silver (XAGUSD), the 31.50 level remains the key pivot point. A bounce from this level could fuel a bullish move toward higher resistance zones, while a break below it would reinforce the bearish outlook, targeting lower support levels. Traders should watch for confirmation of either scenario before positioning. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
TRADENATION:XAGUSD
by TradeNation
NAS100 | Bulls Fighting Back! Key Reversal Zones in Play SMART MONEY CONCEPT 🌍 Market Sentiment & Economic Factors 📉 NAS100 has been under pressure due to rising Treasury yields and hawkish Fed commentary. However, recent price action suggests buying interest at key demand zones. Investors are closely watching economic data releases this week, including NFP & CPI, which could determine the next big move. 💰 Federal Reserve & Interest Rate Impact The market remains uncertain about the Fed's next rate move. If inflation cools down, expectations of a rate cut will likely boost tech stocks, pushing NAS100 higher. However, stronger data could keep pressure on equities, leading to further downside. 🏦 Tech Sector Strength Big tech earnings have shown resilience, but concerns over valuations persist. 📉 Technical Analysis (1H Timeframe) 🔥 Market Structure & Key Levels 🔹 Demand Zone Holding Strong: Buyers stepped in aggressively at 20,275.05, leading to a strong rejection and a shift in momentum. A Change of Character (ChoCh) was confirmed, signaling potential trend reversal. 🔹 Resistance & Target Levels: First Key Resistance: 21,141.25 🏁 Major Supply Zone: 22,113.51 (Break above = strong bullish confirmation 🚀) 🔹 Breakout Scenario: A break above 21,141.25 would confirm bullish continuation toward 22,113.51. A failure to hold current support could trigger a retest of 20,275.05. 📊 Volume & Liquidity Analysis 🔸 Recent high volume at demand zone suggests institutional interest. 🔸 Liquidity buildup above 21,141.25 could act as a magnet for price. 🎯 Trade Plan & Bias 📌 Bullish Above: 21,141.25 (Target 22,113.51) ✅ 📌 Bearish Below: 20,275.05 (Downside risk if structure breaks ❌) 🔎 Final Thoughts: The market is at a turning point – will bulls maintain control, or is this just a temporary bounce? Keep an eye on key resistance zones and macroeconomic events for confirmation! Drop your thoughts below! 🔥
FX:NAS100Long
by FrankFx14
[NZDUSD] Bullish Breakout in Play! (Read captions for more)📈 NZDUSD Price Forecast – Bullish Breakout in Play! 🚀 NZDUSD has formed a double bottom chart pattern at the bottom of the downtrend, signaling a potential reversal. The price initially broke out of the trendline and 200EMA with strong bullish momentum, but retraced back. Now, it's attempting another breakout, which could lead to a strong bullish move. 🔍 Key Technical Insights: ✅ Double Bottom Formation – A strong reversal pattern. ✅ Breakout of Trendline & 200EMA – Bullish confirmation. ✅ Retracement Completed – Possible entry point. ✅ Retesting Breakout Zone – A successful breakout will confirm an uptrend. 📊 Technical Target Levels: 🎯 1st Target: 0.5760 🎯 2nd Target: 0.5880 🎯 Final Target: 0.5930 📢 Final Thoughts: If NZDUSD successfully breaks above the resistance zone, it may continue its bullish momentum toward higher levels. Watch for price action confirmation before entering! 🔔 Like, Comment & Follow for more expert analysis! 🚀 (This analysis is for learning purposes only, not financial advice.)
Long
by TrendLogic1
1
LTCUSD Support retest Litecoin (LTCUSD) remains in a neutral stance, as price action continues to trade within a longer-term sideways range. The key trading level at 960.00 will play a crucial role in determining the next directional move. Key Levels to Watch Resistance Levels: 1,120, 1,217, 1,320, 1,374 Support Levels: 859.00, 816.00 Bearish Scenario If LTCUSD fails to bounce back from 960.00 and faces rejection, a downside move could emerge. A sustained decline below this level may trigger selling pressure, targeting 859, followed by a potential retest of the 816.00 psychological support over the longer timeframe. Bullish Scenario A decisive bounce back from the 960.00 support level, confirmed by a daily close higher, would shift sentiment toward a bullish outlook. This could open the way for further gains, with upside targets at 1,120, followed by 1,217 and1,274 in an extended rally. Conclusion LTCUSD is currently consolidating within a neutral range, with 960.00 acting as a key pivot level. A rejection from this zone could reinforce bearish pressure, while a breakout above 1,120 could confirm bullish momentum. Traders should monitor these levels for confirmation of the next move. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
TRADENATION:LTCUSD
by TradeNation
GBPAUD SELL / BUY TRADE PLAN🔴 PRIMARY TRADE – SELL SETUP (REVISED BASED ON LIVE REACTION) 🔻 SELL ENTRY (Revised to Catch the Best Entry) 🔹 Aggressive Entry: If price retests 2.0480 – 2.0500, enter a Sell Limit (re-entry into rejection zone). 🔹 Confirmation Entry: If price fails to break above 2.0450 & forms rejection (Engulfing, Fakeout, or Pin Bar) on M15/M30/H1, take a market execution sell. 🔹 SL: 2.0530 (Above liquidity grab & invalidation zone). 🔹 TP1: 2.0400 (Nearest support, move SL to breakeven). 🔹 TP2: 2.0320 (Liquidity target). 🔹 TP3: 2.0250 – 2.0200 (Full reversal target). ✅ Risk-Reward Ratio: 1:3+ 🎯 Confidence Level: ✅✅✅✅ (High Probability Trade – Strong Structural & Liquidity Confluence). 📌 Why this sell setup is still valid? 🔹 H4 bearish engulfing confirms institutional selling pressure. 🔹 H1 bearish divergence signals momentum weakness. 🔹 Price has already rejected 2.0500, so a lower high at 2.0480 – 2.0500 would be a great re-entry. 🔹 If price does not retest, a break & rejection below 2.0450 offers a confirmation entry. 🟢 SECONDARY TRADE – BUY SETUP (IF SELL FAILS OR DEEP RETRACE OCCURS) 🔹 BUY ENTRY (Unchanged) 🔹 Aggressive Entry: Buy Limit at 2.0250 – 2.0200 (Institutional Demand Zone). 🔹 Confirmation Entry: Wait for bullish rejection (Wick Rejection, Bullish Engulfing, or Fakeout) above 2.0250. 🔹 SL: 2.0150 (Below liquidity grab zone). 🔹 TP1: 2.0320 (First resistance, move SL to breakeven). 🔹 TP2: 2.0400 – 2.0450 (Extended move based on liquidity). 🔹 TP3: 2.0500 – 2.0550 (Full bullish target). ✅ Risk-Reward Ratio: 1:3+ 🎯 Confidence Level: ✅✅✅ (Medium-High, depends on sell reaction at 2.0500). 📌 Why consider buying here? 🔹 Price would retrace into institutional demand at 2.0250 – 2.0200. 🔹 Strong reaction zone with previous liquidity grab & fair value gap. 🔹 Aligns with Fibonacci retracement (50% – 61.8%) & previous demand area.
by jibkhan111
Instability, BTC’s Downtrend & ETH at a Critical Level!The crypto market has been highly unstable over the past few weeks, largely due to the Federal Reserve’s stance on monetary policy. With no signs of quantitative easing, the market has reacted negatively, triggering a broader downtrend—especially for Bitcoin. On Sunday, we witnessed a dramatic price surge, with BTC skyrocketing from $84K to $94K, only to see all gains wiped out within a single day. This price action is eerily similar to the 2019 “China Pump,” when BTC spiked from $7K to $10K before retracing completely within days. Such volatility suggests that sentiment remains fragile, and sellers continue to dominate. Ethereum (ETH): A Sign of Weakness? ETH isn’t looking strong either. It’s currently hovering around the $2,100 level, sitting right on a critical support zone. As I’ve highlighted in my chart, ETH has already broken below its support trendline—a bearish signal that suggests further downside risk. If this key support level fails to hold, we could see ETH drop to around $1,500 in the coming weeks. Implications for the Altcoin Market If ETH loses its support zone, it could trigger a major sell-off across the entire altcoin market. Historically, ETH acts as a leading indicator for altcoins, and a breakdown here could push Bitcoin dominance up to 66%-70% before altcoins find a bottom. This means we could be in for another phase of altcoin underperformance while BTC consolidates. Final Thoughts: Watch ETH Closely! Given the current market structure, my suggestion is to monitor ETH closely at these levels. If it fails to hold, expect a significant downward move in the altcoins market. Bitcoin dominance rising would confirm that altcoins are in for a rough period ahead. Stay cautious and trade accordingly! Stock Market Struggles Add to Bearish Sentiment It’s not just crypto feeling the pressure—the stock market isn’t looking good either. Both the S&P 500 and NVIDIA are down significantly today, adding to the overall negative sentiment. When traditional markets struggle, risk assets like crypto tend to follow suit. That said, I’m expecting one final leg down before we see a shift. Once the Federal Reserve signals quantitative easing (QE), we can start anticipating a return to bullish momentum across both stocks and crypto. Until then, caution is key!
COINBASE:ETHUSDShort
by MBM_Crypto
$TRUMP Market Update📊 $TRUMP/USDT Market Update Welcome to today's analysis! Let’s break down the current price action on $TRUMP and what to expect next. 🌐 Overview: $TRUMP Approaching Key Resistance 📉 $TRUMP was in a downtrend after breaking a key support level. Now, the price is approaching the red resistance zone, which was previously a support level before the strong breakdown. 🔄 Current Scenario: The red resistance zone is a critical level that needs to be broken for a trend shift to bullish. If $TRUMP successfully breaks above this resistance, it could confirm a bullish trend, with the next target being the blue line level. However, if price gets rejected, we could see another pullback or consolidation before another breakout attempt. 🔑 Key Levels to Watch 🔴 Resistance Zone: Red Level (Needs breakout to confirm bullish momentum) 🔵 Target Level: Blue Line (If breakout is successful) 🛠️ Trade Scenarios 📌 Bullish Scenario (Breakout Above Red Resistance) If $TRUMP breaks and holds above the red resistance zone, this would confirm bullish momentum and a potential move toward the blue line target. 📌 Bearish Scenario (Rejection at Resistance) If $TRUMP fails to break out, we could see a pullback or consolidation, meaning the downtrend could still continue. 📌 Conclusion $TRUMP is at a key resistance zone—a breakout could confirm a bullish trend, targeting the blue line level, while a rejection may lead to further downside movement. Traders should watch for confirmation before making a move.
by WaveRiders2
Equity Prices Continue LowerAfter testing all time high levels in the ES contract on February 19th, equity markets have seen significant selling pressure which continued today while the precious metals saw a boost higher. One of the volatility drivers traders are seeing is coming from global tariff policies from the U.S. and many other nations adding uncertainty to the strength of these markets. Over the next few weeks, traders will learn more about the implementation of these tariffs and where the equity markets and precious metals may settle. Over the last few weeks, the CME Fed Watch Tool has also shifted, and now is pricing in a 44% chance of a rate cut at the May 7th meeting of 25 basis points, where previous expectations were to see the a pause for the May meeting. This week offers a big slate of economic data as well, including ADP Nonfarm Payroll, Initial Jobless Claims, Unemployment Data, and the Fed Monetary Policy Report. This economic data could have an effect on the Fed’s stance on the economy and their plans for rate cuts moving forward. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs tradingview.com/cme/ *CME Group futures are not suitable for all investors and involve the risk of loss. Copyright © 2023 CME Group Inc. **All examples in this report are hypothetical interpretations of situations and are used for explanation purposes only. The views in this report reflect solely those of the author and not necessarily those of CME Group or its affiliated institutions. This report and the information herein should not be considered investment advice or the results of actual market experience.
CME_MINI:ES1!
by CME_Group
S&P500 Index Goes 'Draconian', ahead of Roller Coaster ExplosionThe S&P 500's "roller coaster" behavior stems from its sensitivity to various economic, geopolitical, and market-specific factors that influence investor sentiment and corporate performance. Economic Factors: Changes in interest rates, inflation, and Federal Reserve policies significantly impact the index. For example, rising interest rates can reduce corporate earnings and valuations, leading to market sell-offs. Conversely, expectations of rate cuts can boost optimism and drive rallies. Investor Sentiment and Volatility: The S&P 500 is closely tied to the CBOE Volatility Index (VIX), often called the "fear gauge." The VIX rises during market downturns as investors seek portfolio protection, amplifying price swings. This inverse correlation highlights how fear or optimism can drive sharp movements in the index. Global Events: Geopolitical tensions, natural disasters, or pandemics can disrupt markets by creating uncertainty about future economic performance. Such events often lead to sudden spikes or drops in the S&P 500 as investors react to perceived risks. Valuation Cycles: Overvaluation or bubbles in specific sectors can lead to corrections. For instance, high price-to-earnings ratios combined with slower economic growth can result in prolonged periods of stagnation or volatility. These factors collectively create the "roller coaster" effect begun in the S&P 500. // Life is like a roller coaster, as you don't know what's going to be thrown at you next, so all you can do is give us your best shot. -- Best wishes, @PandorraResearch Team 😎
CBOE:SPX
by PandorraResearch
$BTC Bounce: $92,000-$94,000 within the next 24-48hrsShort and sweet, you guys know this is my favorite technical setup in the trading game!🔥🥇😎 I think that Bitcoin CRYPTOCAP:BTC bounces to re-test that line of broken support as new resistance (blue trend line) within the next 24-48 hours. If we can break above that post-"strategic crypto reserve" high, then we're off to the races.💥📈🏁 I'm stoked that we sharked up those NASDAQ:RIOT and NASDAQ:HOOD calls early this morning with our NASDAQ:HOOD put-profits! Let's ride team. 🌊🌊🦈 -Royce 🤙🏼
COINBASE:BTCUSDLong
by roycejakob
Using Credit Spread chart for bull/bear market sentiment changesIt's known that credit spreads under 4 indicate a low risk on type market. (The black dotted line on the above chart indicates 4 so you can clearly see above/below) You can then use the RSI index to gauge whether or not the market might see a "change" in sentiment. A declining RSI means bull mode while a rising RSI means bear mode (could be just a market correction OR it could lead to a major bear). What to notice about the above chart: 1. RSI tops are usually very aggressive; V-Shaped type moves thus making market bottoms typically a little more challenging in the moment. 2. RSI bottoms usually give you a warning sign and are typically more gradual thus you can use more fundamental analysis to gauge whether or not it might just be the usual market correction or a possible major bear market (i.e. like the one between 2000-2009). You can see using the green circles how the RSI changes course from down to up with the important caveat that credit spreads should be below 4; which indicates complacency in the marketplace IMO. Going back in time...the chart below shows on SPX in real time when "caution" (yellow vertical line) was indicated; meaning the RSI was showing a possible double bottom to indicate a possible change in direction vs. "extreme caution" (red vertical line) was indicated; meaning the RSI created a clear higher high & higher low thereby definitely shifting RSI from down to up. As you can see sometimes the corrections happen immediately thereafter and sometimes the market continues upward for a bit (especially after yellow vertical line signals). HOWEVER, once the RSI change in direction does indeed occur either using the yellow or red vertical lines...the SPX has always eventually traded lower once you have a trigger date. This would allow those who do not hedge to re-evaluate their portfolios for a risk off type upcoming move. LASTLY but most importantly (Especially if you are currently really bearish on the overall US market)...look at the current RSI. We are in a downtrend (SPX bullish), we are below 4 (risk on) AND we are no where near a possible bottoming process on the RSI at the moment (the current green circle looks nothing like the past). We are certainly where one should be on high alert that a bottoming process on the RSI MIGHT begin to form however it needs to play out first and only then should you begin to start looking to short SPX.
FRED:BAMLH0A0HYM2EY
by Vixtine
1
EURUSD: Channel Up has topped. Sell signal.EURUSD is bullish on its 1D technical outlook (RSI = 62.145, MACD = 0.003, ADX = 17.266) and overbought on the lower timeframes with the 4H RSI in particular above 75.000. The Channel Up that started on the February 2nd low had every HH pull back to its 0.618 Fib level. Consequently we are short on the short term (TP = 1.04500). If the price crosses under this 1 month Channel Up, the longer Channel Up should push even lower to the 0.786 Fib of the greater bullish wave (TP = 1.03000). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
Short
by InvestingScope