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Fibonacci

NVDA: Fibonacci cluster support and 200MA at 126.5. NASDAQ:NVDA : Fibonacci Cluster Support at 126.5 Sets Up Potential 10% Rally to 140 Looking at NVIDIA's technical setup, I've identified a critical support zone that could launch NASDAQ:NVDA toward a significant target if it holds. Technical Analysis The current price action shows NVIDIA testing a key support zone consisting of: - Fibonacci cluster at 126.5 - 200 Moving Average support If this support zone holds, I'm targeting the next Fibonacci cluster at 140, representing approximately a 10.7% upside potential. Entry Strategy I'm monitoring two potential entry scenarios: Aggressive Entry (15-minute chart): - Wait for 8 EMA to cross above 34 EMA - Price must break above the most recent swing high - Entry on confirmation of this break Conservative Entry (30-minute chart): - Same criteria as above but on the 30-minute timeframe - Provides more reliable signals with fewer false breakouts Risk Management Stop Loss: Place stops below the 126.5 Fibonacci/200 MA support zone (approximately 124-125) Profit Target: First target at the 140 Fibonacci cluster Conflicting Indicators My analysis shows mixed signals that require caution: 1. My WillVall indicator on the weekly chart shows a potential buy opportunity at current prices, BUT it needs to change direction and move above the 15 level before confirming a long-term entry 2. Multiple timeframe squeeze indicators (Weekly, 4D, 3D, 2D) are currently in squeeze with negative momentum, suggesting downside pressure 3. According to IBD Market School methodology, the market is showing signs of correction and the buy switch is currently OFF, indicating we should avoid new long positions Trade Plan Given the current market conditions and mixed signals: - Wait for confirmation of support at the 126.5 zone - Look for entry signal confirmation on preferred timeframe - Use smaller position size due to conflicting indicators - Set clear stop loss below support (124-125) - Target the 140 Fibonacci cluster for profit taking I'll remain patient and wait for clearer market conditions before committing significant capital to this trade. The technical setup is promising, but broader market conditions suggest caution.
NASDAQ:NVDALong
by TradeVizion
TradeCityPro | LTCUSDT Let's go for spot buying?👋 Welcome to TradeCityPro Channel! Let's go together to analyze and review Litecoin analysis, one of the oldest coins in the market, and let's go to update the triggers of the previous analysis! 🌐 Overview Bitcoin Before starting today's altcoin analysis, let's look at Bitcoin on the 1-hour timeframe. Since yesterday, Bitcoin experienced a correction, which was necessary for the market, and it pulled back to the 102135 range. The next trigger for a long position will be a breakout above 104714. Yesterday's correction, coupled with an increase in Bitcoin dominance, caused noticeable declines in some altcoins. This highlights the importance of monitoring BTC pairs in your checklist these days. 📊 Weekly Timeframe On the weekly time frame, it is one of the coins that is in a good position compared to the coins and has had the least correction in recent declines and is in this position due to the possibility of ETF approval There is no need to complicate things in this time frame and after the break of 136.45, we will buy and be above 98.44. This trigger is valid and we do not have much of an exit trigger for the conditions of these days on this chart and for now it is better to continue holding 📈 Daily Timeframe On the daily time frame, we are also in a good position and we had a good return after the recent market decline due to the Bybit hack and Trump's tariffs and this is a good thing! After breaking the 75.01 level and exiting the daily box and breaking its ceiling, we moved up to the resistance of 136.45 and are now fluctuating between the 98.44 to 136.45 boxes. We also had a curve line in this time frame that was a good support for this event and every time we hit it, we made a good move upwards, but after its failure, it can be said that the upward trend moved into the range and went to form a new structure. To buy spot after the 136.45 trigger is broken, we can buy for spot with a stop loss of 98.44 and as long as we are above 114.38, the 136.45 trigger is very important for us and it shows us more the strength of buyers and in case of a 98.44 break, we will go for 89 and 80 and we will have a price correction. 📝 Final Thoughts Stay calm, trade wisely, and let's capture the market's best opportunities! This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends!
Long
by tradecitypro
2
XAUUSD 1hr The 5th Elliott wave has concluded. In the 1hr timeframe the 4hr ZLSMA (Length: 32) has broken the 200 EMA and 200 SMA and the chart has pulled itself back up to the EMA and SMA and then it's broken off the 4hr ascending channel. My opinion is that it will correct until the Fibonacci 0.5 mark ($2769). Target 1: $2821 (Fibo 0.3618) Target 2: $2769 (Fibo 0.5) Stop Loss: $2921 This is not financial advice, I'm simply sharing my own analysis and opinions. Be cautious and conscious with your trades and don't take my word for it.
EIGHTCAP:XAUUSDShort
by HyacinthTrader
Story IP price analysisDespite the terrible Feb of 2025 for the crypto market in general, there is a ray of hope for the coins that have just been launched. #IP - #KAITO - #PI, what connects these coins? After the listing, the price makes a slight correction and starts to grow steadily, rather than falling below the -70-80% floor, as it has been the case with almost all new coins in the last 6-12 months. As for the OKX:IPUSDT price, a correction to $5-5.10 is completely acceptable now, it is not necessary and impossible to go lower to continue growth. Just hypothetically, how much would you be willing to sell your #Story #IP coins for? $9, $11, $15, or maybe $20 or even $29? _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
1
Will BTC end the current correction at -24%? 1D ChartHello everyone, let's look at the 1D BTC to USDT chart, in this situation we can see how the price came out of the downtrend channel to the top, which gave a dynamic price increase, and then a new channel was created, this time an uptrend from which we could see an exit from the bottom. In a situation where the exit from the channel confirmed the decrease by the height of the channel, we could see another price decrease. Let's start by defining the targets for the near future that the price must face: T1 = 90088 USD T2 = 95448 USD Т3 = 103291 USD Т4 = zone from 109435 USD to 115187 USD Now let's move on to the stop-loss in case the market continues to fall: SL1 = 79108 USD SL2 = 72179 USD SL3 = 61983 USD When we look at the RSI indicator and the STOCH indicator, we can see that the energy is very much depleted and we are at the lower limit of the range, where previously we could often see a change in the price direction after such a situation.
COINBASE:BTCUSDLong
by cryptodailyuk
Mastering Fibonacci Retracement: Spotting Key Market Levels! Fibonacci retracement is one of the most powerful tools traders use to identify potential support and resistance levels in trending markets. These levels, derived from the Fibonacci sequence, help predict where price pullbacks might end before the trend resumes. How Does It Work? 1- Identify a strong move (trend direction). In this case, we see an uptrend after a sharp decline. 2- Apply the Fibonacci retracement tool from swing low to swing high to map key levels. 3- Watch how price reacts at important retracement levels: 🔸 0.236 (23.6%) – Weak retracement, minor support/resistance. 🔸 0.382 (38.2%) & 0.5 (50%) – Moderate pullback, potential reversal zones. 🔸 0.618 (61.8%) – The Golden Ratio, often a strong level for trend continuation. 🔸 0.786 (78.6%) – Deeper retracement, last defense before a reversal. How to Use It for Trading? - Look for buying opportunities at the 0.5 or 0.618 retracement if price finds support. - Watch for resistance near 0.382 or 0.5 in a downtrend. - Combine Fibonacci with candlestick patterns, volume, or indicators (RSI, MACD) for confirmation. In this chart, we see price bouncing from the Fibonacci levels, showing how these zones act as potential support and resistance!
CME_MINI:NQ1!Long
by SmartSignalss
Price Reversal in Play: Key Levels and Targets to WatchAfter analyzing multiple timeframes, we can see that the price started trading within a large channel from Friday, 15th March 2024. The channel’s upper boundary acted as a strong resistance on Thursday, 31st October 2024, at 2790. Both the upper and lower boundaries of the channel have consistently functioned as key support and resistance levels. The price reached an all-time high (ATH) of 2955, where it struggled to break through the channel’s upper boundary. Given the historical respect for these channel lines, we now anticipate a potential reversal. The price has already started to turn around, and to confirm this reversal, we need to see a break below both the trendline and the support level. Once confirmed, your targets will be: • 1st Target: 23.60% (2867) • 2nd Target: 38.20% (2813) • 3rd Target: 50.00% (2770) • 4th Target: 61.80% (2726) Make sure to follow proper risk management. Happy Trading! Don’t forget to follow for more updates. 🚀
OANDA:XAUUSDShort
by SpicyPips
2
Tesla Approaches Key Support: What Comes Next?NASDAQ:TSLA is currently at an interesting moment on the daily chart. Until recently, the uptrend was well-defined, with strong projection legs and corrections within a healthy behavior. But now, we have a slightly different situation. The last upward leg was intense, but the current correction has already surpassed the 66% retracement level and is approaching a significant support zone that has held the price multiple times in the past. What stands out at this moment is not just the existence of this support, but how the price reached it. There is a technical concept that suggests that the greater the speed and distance the price has traveled to reach a support, the more relevant that support tends to be. This happens because markets do not move indefinitely in a straight line. When a sharp and extended downward move occurs, sellers tend to lose momentum, and buyers may step in to try to hold the price. On the other hand, this deep correction also highlights an important point: even if the support holds temporarily, a continuation of the uptrend does not seem to be the most likely scenario at this moment . With such an extended retracement following a strong upward move, it becomes difficult to imagine the price simply breaking the previous high and resuming a clear bullish structure. The more probable scenario is either a period of consolidation or even a transition into a reversal. This does not mean that support cannot create short-term buying opportunities. It might, but in this case, trades within this period tend to be more challenging because if we are entering a consolidation phase, price movements could become more erratic and less predictable. A bullish leg within a consolidation is very different from a bullish leg within a strong trend – targets become shorter, price movements can lose fluidity, and predictability decreases. So, regardless of what the market decides to do from here, what we can interpret so far is that the strength of the uptrend has faded, and NASDAQ:TSLA may be entering a more lateralized movement or even a transition into a downtrend. The support level might create a reaction, but it is unlikely to sustain a return to the uptrend without first going through a phase of rebalancing. The price will always dictate the next moves, and all we can do is interpret the signals it has left behind.
NASDAQ:TSLA
by LuccasChartRoom
$SPY February 27, 2025AMEX:SPY February 27, 2025 60 Minutes. The move to 598-599 and a retrace to 592-594 levels was completed yesterday. Now for the fall 613.23 to 589.56 i expect a retracement around 598-600 levels being 38.2 and 50 percent retracement moves. At the moment is trend is down. Uptrend only above 608 levels. 601-604 levels should be a good level to short again. In 60 minutes, we have 50,100,200 averages converging around 603-604 levels which is the next area of resistance.
AMEX:SPY
by RiderTrader
18