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Fibonacci

BNB/USDT 1D chart, target and stop-lossHello everyone, let's look at the 1D BNB chart to USDT, in this situation we can see how the price came out of the top of the ongoing downward trend. Going further, let's check the places of potential target for the price: T1 = $ 646 T2 = $ 683 Т3 = $ 732 Let's go to Stop-Loss now in case of further declines on the market: SL1 = $ 592 SL2 = $ 558 SL3 = $ 535 SL4 = $ 505 Looking at the RSI indicator, we see As we entered the upper part of the range again, however, there is still a place for the price to go higher, giving more targets.
by cryptodailyuk
Bitcoin at a Turning Point: Rally or Reversal?Bitcoin (BTC) is currently trading within a upward channel, consistently making higher lows, a strong indication of bullish market structure. This suggests that buyers are still in control, and as long as BTC respects this pattern, the bias remains bullish, favoring a continuation to the upside. At the moment, BTC is experiencing a pullback from recent highs and is now approaching a critical support zone. This level aligns with several important technical factors, making it a potential turning point in the current trend. Key Factors Supporting a Potential Bounce: Upward Channel Structure BTC has remained inside a clearly defined ascending channel, where price action has respected both the lower and upper trendlines multiple times. As long as BTC stays within this structure and continues to form higher lows, the trend remains bullish. Golden Pocket Fibonacci Retracement (0.618 - 0.65 Level) The golden pocket is one of the most significant Fibonacci retracement levels, often acting as strong dynamic support. Historically, this zone has been a high-probability area for reversals in trending markets. With BTC now approaching this area, there is a strong possibility that buyers could step in, leading to a bounce back toward higher levels. Confluence of Key Support Levels The Fibonacci golden pocket aligns closely with the lower boundary of the ascending channel, reinforcing this zone as an area of potential support. There are also previous horizontal support levels in this region, adding further confluence to the idea that BTC could hold this level and bounce. Potential for Bullish Continuation If BTC finds support at the golden pocket and reacts positively, we could see another leg to the upside within the channel. In this scenario: Price could bounce off the lower trendline and move toward the midline of the channel. If momentum continues, BTC could ultimately target the upper boundary of the channel, potentially leading to new highs. Bearish Breakdown Scenario – When to Be Cautious While the bullish structure is still intact, it is essential to consider the potential risks if BTC fails to hold the support zone. If BTC breaks below the lower boundary of the channel and closes a bearish candle below support, this could be an early signal of a trend reversal. A breakdown of this structure would indicate that bullish momentum is weakening, and further downside could follow. In this scenario: BTC could start making lower lows, shifting the trend from bullish to bearish. The next logical downside targets would be deeper Fibonacci retracement levels or previous swing lows, where buyers may attempt to step in again. A confirmed breakdown would invalidate the current bullish thesis and could lead to increased selling pressure. How to Approach This Trade Idea Bullish Case: If BTC finds support at the golden pocket and forms a strong bullish reaction (such as a clear rejection wick, bullish engulfing candle, or higher low), this would signal a potential bounce. This could present a good long opportunity, targeting the midline or upper boundary of the channel. Bearish Case: If BTC closes a strong bearish candle below the channel, it would indicate a potential trend shift. In this case, traders should exercise caution, as further downside could be expected. Final Thoughts This is a critical area for BTC, as it decides whether the bullish trend continues or a reversal is imminent. The market’s reaction at the golden pocket level will be key. Traders should wait for confirmation before making any moves watching for strong rejection signals for a bullish bounce or a clear breakdown below the channel for a bearish shift. For now, BTC is still respecting its bullish structure, but this key level will determine whether that trend holds or breaks.
by TehThomas
31
GOLD → Consolidation (correction) before growth to $3100FX:XAUUSD is going into consolidation after strong growth on the back of dollar correction. The metal may test deeper support areas before attempting a new high Gold is correcting, but remains in an uptrend The decline in quotations may be seen as a buying opportunity, given the economic uncertainty due to Trump's tariffs and expectations of Fed rate cuts. The Fed reiterated its forecast of two rate cuts in 2025 despite Powell's cautious comments. Gold is further supported by rising inflation risks and geopolitical tensions in the Middle East. Resistance levels: 3045, 3057 Support levels: 3024, trending, 3004 Reaction to support is weakening, even amid the uptrend. Gold may stay in this consolidation until the middle of next week, or it may try to break out of the consolidation to retest deeper support zones, such as the rising trend line or the 3004 imbalance zone, from which the growth may resume. Regards R. Linda!
FX:XAUUSDLong
by RLinda
10
BTC: Accumulate energy for the rise and soar into the sky!📍BTC's volatility has narrowed, with selling pressure showing signs of weakening. Throughout the choppy price action, the 84000-83500 zone has established itself as a critical support area in the short-term structure. This level now serves as a key defensive line. 📍Following this consolidation phase, BTC may stage a rebound from this support region. If the price manages to break through the resistance around 84800 with strength, further upside momentum could drive it towards the 90000 level. 🔎Trade Idea: BTCUSD:Buy at 83500-83000 TP:84500-85000 SL:Adjust according to risk tolerance. 📩Trading means that everything has results and everything has feedback. I have been committed to market trading and trading strategy sharing, striving to improve the winning rate of trading and maximize profits. If you want to copy trading signals to make a profit, or master independent trading skills and thinking, you can follow the channel at the bottom of the article to copy trading strategies and signals
Long
by Trader_Marvin
LayerZero ZRP price analysisThe price of CSE:ZRO has entered the $3,00-3.40 “distribution” zone, where buyers and sellers of OKX:ZROUSDT have been historically particularly intense in measuring their strength and deciding on the future direction of the trend. Therefore, it's not a good idea to make trading decisions in this zone on your own and guess where to go next. It is better to wait for #LayerZero : 1️⃣ or a confident consolidation of the price above $3,40 2️⃣ or try to bribe much lower, around $2.20 But in general, in the medium term, why not see CSE:ZRO at $7. again?) _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
Three Possible Scenarios for EURUSDEURUSD has flattened out after its strong upward move from around 1.0350 to 1.0950. The bullish momentum has eased, with Europe’s new spending plans priced in, most of the tariff impact accounted for, and markets digesting the FOMC forecasts. Now, the focus shifts to the next major decision point. There are three possible scenarios: 1-This is a double top formation around 1.0950. If 1.08 breaks, the formation target is at 1.0650, which is also the midpoint of the rally from 1.0350 to 1.0950. It’s a classic technical setup, and fundamentals such as a potential escalation in trade tensions when the April 2 tariffs come into effect could support this move. 2- The second scenario is that this is a consolidation phase before the next leg higher. In this case, the current movement forms a flag pattern, and a breakout would aim for 17 years long downtrend line just above 1.11. For this to materialize, a clear breakout above 1.0950 with strong fundamental support is required. 3- The market may stay indecisive due to the high level of risks and unknowns. In this case, EURUSD would likely continue moving sideways, possibly with minor corrections or false breakouts on both ends, before a clearer direction emerges. Our view favors the first scenario as the most probable outcome, though all three have valid technical and fundamental reasoning behind them. We lean toward the first scenario because sharp upward moves like this typically require a healthy correction, the risk of trade war escalation increases with each new statement from Trump, and the technical setup aligns well with this narrative.
by ftdsystem
EURJPY → False breakout of key resistance ...FX:EURJPY is forming a false breakdown of resistance and draws us a reversal pattern against the upper boundary of the descending price channel, as well as the pressure on the market creates the correction of the dollar... On the daily chart the structure is bearish. After the false breakout of the global resistance a correction is formed, within which the price can test the imbalance zone or the previously broken resistance and continue its fall after the liquidity capture. The global trend is neutral and in this case it is worth considering local support levels as targets Resistance levels: channel boundary, 162.3, 163.0 Support levels: 160.84, 158.9 A retest of the channel resistance or the area of 162.4 - 163 is possible. But any return of the price under the resistance of the descending channel and consolidation of the price in the selling zone may provoke further decline Regards R. Linda!
Short
by RLinda
1
EUR/NZD at a Turning Point: Is the Rally Over?Why is the EUR/NZD pair in the spotlight as the week comes to an end? At the beginning of this year, the euro rose by more than 6%, reaching its highest levels since November 2024. Meanwhile, the New Zealand dollar was experiencing a decline at the end of last year, touching its lowest levels since October 2022. But what has changed this week? From the beginning of February until today's trading session on March 25, 2025, the New Zealand dollar has risen by approximately 4.37%, breaking through the 0.57729 level. This level represents the last significant lower high recorded in the market, and surpassing it indicates a shift in trend from bearish to bullish. From a technical perspective, this is considered a positive signal for the New Zealand dollar in the short to medium term. On the other hand, after reaching its highest levels since October 2022, the euro has shown some declines and weakening bullish momentum this week. If the U.S. dollar index experiences a corrective rise, further weakness in the euro is expected. In this scenario, we have a positive outlook for the New Zealand dollar and a negative outlook for the euro, increasing the likelihood of a decline in the EUR/NZD pair, especially since it is currently trading at its highest levels since March 2020! The recent rise in EUR/NZD gave a bearish signal during this week's trading after breaking below the 1.87675 level (which represents the last significant high low recorded) and forming a lower low. The recent rise to the 1.90668 level appears to be a corrective move before continuing the downward trend toward the 1.88120 level. However, the bearish scenario would be invalidated if the price rises above 1.91663 and closes daily above this level.
by CFI
Bitcoin at Key Resistance – Will Bears Take Control?Bitcoin ( BINANCE:BTCUSDT ) started to rise as I expected in the previous posts . Bitcoin is moving near the Resistance zone($87,100_$85,800) , the upper line of the Ascending Channel , and the Time Reversal Zone(TRZ) . In terms of Elliott Wave theory , Bitcoin appears to be completing microwave C of the main wave Y . Also, we can see the Regular Divergence(RD-) between Consecutive Peaks . I expect Bitcoin to start declining from the Resistance zone($87,100_$85,800) again, the first target could be $83,400 and the second target can be the CME Gap($80,760_$80,380) filling. Note: If Bitcoin breaks the Resistance zone($87,100_$85,800) we can expect more pumps. This analysis is in line with the following analysis that I shared with you on the weekly timeframe. 👇 Please respect each other's ideas and express them politely if you agree or disagree. Bitcoin Analyze (BTCUSDT), 1-hour time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
27
Mphasis: Bounce from Long-Term Support🚀 Mphasis: Bounce from Long-Term Support 🚀 📉 Current Market Price (CMP): ₹2790📈 Support Level: Long-term support bounce confirmed🔒 Stop Loss: ₹2170📈 Targets: ₹2518 | ₹2732 📊 Key Insights: 🔹 Sector Strength: Nifty IT index showed a strong recovery after an initial 2% gap down, reclaiming losses in the first hour – a sign of sector-wide resilience. 🔹 Technical Setup: Mphasis has bounced from long-term support and is forming an "N" pattern. Today's breakout further strengthens the bullish sentiment. 🔹 Swing Trading Opportunity: With quarterly results approaching in April, this could present an attractive swing trading opportunity in the IT space. 💡 Strategy & Risk Management: 🔒 Stop Loss: Maintain a strict stop loss at ₹2170 to protect against downside risk.📈 Staggered Entry: Given market volatility, consider building positions gradually as confirmation strengthens. 📈 Outlook: With the Nifty IT sector recovering and Mphasis confirming a technical breakout, there is potential for further upside. Careful position management can help navigate market fluctuations. 📍 Stay informed and stay disciplined! 📈 Disclaimer: As a non-SEBI registered analyst, I recommend conducting thorough research or seeking advice from financial professionals before making investment decisions. #Mphasis #ITSector #SwingTrading #TechnicalAnalysis #StockMarket #InvestmentOpportunities #BreakoutStrategy
NSE:MPHASISLong
by satyam15
3
Silver Approaching Critical 32.95 Support LevelSilver has broken below the 33.50 support and is retreating quickly. The main support lies around the 32.95 area, where both the uptrend line and the 38.2% Fibonacci retracement level converge. This zone could potentially offer a buying opportunity, provided the support holds. However, if Silver breaks below 32.95 and retests it from underneath, it could also present a selling opportunity. In both scenarios, a high risk/reward trade setup with well-placed stops may form. Caution is advised, as Silver is known for sudden price spikes, especially around key support and resistance levels.
OANDA:XAGUSD
by ftdsystem
Manappuram Finance: Long-Term Breakout Alert🚀 Manappuram Finance: Long-Term Breakout Alert! 🚀 🔹 CMP: ₹230 | Stop Loss: ₹170 | Target: ₹290 | ₹372 🔍 Why Manappuram Looks Promising? 🔄 Technical Breakout: A rounding bottom (or cup-and-handle) breakout with a well-defined base formation—indicating potential long-term upside. 📊 Accumulation Opportunity: As the breakout occurs, retests may follow—offering an ideal opportunity for staggered accumulation. Long-term investors can accumulate on dips for better risk-reward. 📈 Target Calculation: 📏 Pattern Depth Approach: Targets are derived from the depth of the rounding bottom or cup-and-handle pattern. 📊 Fibonacci Validation: ✅ Retracement Levels (Stop Loss Zones): ₹138 & ₹230 ✅ Extension Levels (Price Targets): ₹81.5, ₹230 & ₹138 📌 Pro Tip: Plot these Fibonacci levels yourself to build conviction and sharpen your analysis. 📉 Risk Management: Stop loss is carefully aligned with Fibonacci retracement to minimize downside risk. Follow strict position sizing to safeguard capital—especially in volatile market conditions. ⚠️ Caution: Market conditions can shift quickly—adjust your position size based on your risk tolerance and trading plan. 📍 Outlook: With a confirmed breakout and strong technical alignment, Manappuram Finance offers a high-probability swing trade for long-term investors. 📣 What are your thoughts on this breakout? Share your views in the comments! 📅 Follow for more technical insights and market updates. 📈 #ManappuramFinance #BreakoutAlert #TechnicalAnalysis #SwingTrading #InvestmentOpportunity 📉 Disclaimer: As a non-SEBI registered analyst, I encourage you to conduct independent research or consult a financial professional before making investment decisions.
NSE:MANAPPURAMLong
by satyam15
NQ Power Range Report with FIB Ext - 3/21/2025 SessionCME_MINI:NQM2025 - PR High: 19909.75 - PR Low: 19880.00 - NZ Spread: 66.75 No key scheduled economic events Maintaining 2 week range, inside previous session range near the close - Previous session closed inside print - Advertising rotation back to week lows (constantly has been used for liquidity) - Relatively tight PR Session Open Stats (As of 12:55 AM 3/21) - Session Open ATR: 459.60 - Volume: 26K - Open Int: 226K - Trend Grade: Neutral - From BA ATH: -12.3% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 20954 - Mid: 19814 - Short: 18675 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions. BA: Back Adjusted BuZ/BeZ: Bull Zone / Bear Zone NZ: Neutral Zone
CME_MINI:NQM2025Short
by mv3trader5
Gold (XAU/USD) 1H Prediction for 21-1-2025 - Key Demand Zones!📉 Gold (XAU/USD) 1H Prediction for 21-1-2025 - Key Demand Zones! 🔻 Price is Retracing! Gold is currently pulling back after a strong bullish rally. It is approaching key demand zones, where buyers may step in to push prices higher. 📌 Key Levels to Watch: 🟢 First Demand Zone: $3022 - $3025 🟢 Second Demand Zone: $2998 - $3005 🟢 Third Demand Zone: $2978 - $2981 🔥 Potential Trade Setup: 🟢 Buy Near: $3022 - $3025 (First demand zone) 🎯 TP1: $3039 🎯 TP2: $3050 🛑 SL: Below $3020 ⚠️ If price breaks below $3022, we may see a further decline toward $2998 - $3005. Watch price action carefully before entering trades! #XAUUSD #GoldTrading #ForexAnalysis #SmartMoney #PriceAction #SupplyAndDemand #FXFOREVER 🚀📊
OANDA:XAUUSDLong
by FXFOREVER_87