Btcusdt technical analysis.This is a Bitcoin (BTC) / Tether (USDT) 1-hour chart from Binance, published on TradingView. The chart shows price action around the $83,169 level, with a recent decline of -$510.84 (-0.61%).
Key observations:
Resistance Zone: The price has tested a purple-marked resistance area near $84,000.
Support Zone: There's a lower purple-marked support zone around $80,000.
Bearish Projection: A blue arrow suggests a potential bearish move after a failed breakout from resistance.
This analysis implies a possible price drop toward the support zone if BTC fails to hold above the resistance. Do you need further insights or predictions?
Community ideas
USNAS100 Rejects Resistance | Bearish Momentum Remains StrongUSNAS100 Technical Analysis
As mentioned in our previous Nasdaq analysis, the price touched the 19,735 resistance and dropped 300 points, confirming strong bearish momentum. The price is now stabilizing within a bearish volume zone.
Technical Outlook:
A retest of 19,735 is possible. If the 1H candle closes above 19,735, the price may push toward 19,915.
However, if rejection occurs at 19915, the bearish trend is expected to continue toward 19,250 and 18,895.
Key Levels to watch:
Resistance: 19,735 | 19,915 | 20,110
Pivot Zone: 19,580
Support: 19,250 | 18,895 | 18,700
Bullish bounce?AUD/CHF is falling towards the pivot and could bounce to the 1st resistance.
Pivot: 0.55517
1st Support: 0.55053
1st Resistance: 0.56177
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BTCUSDWassup!!! 🔥 As we all know, BTCUSD is taking a dive on the lower timeframes, so the play is to bag some short setups. 💰📉 And right here? This is where I see BTC tanking after a little retest. Stay locked in, move smart, and don’t get wrecked! 🚀💀 Risk is real, so don’t be throwing cash in blind! 💯
BTC is looking good for short quick Scalp TradeSo yesterday CPI report came which was quite positive for the market, so the market on the 4-hour chart is looking good unless we break above 84500. If we do break above 84500, we can long BTC with the stop loss at 81000, and then we can close our position at around 90k. This is easy, I think this is the easiest scalp ever.
As we can see, BTC has formed a really cool head and shoulders pattern.
So go long after btc claim 84500 :) otherway don't open long position
EURUSD H4 I Bearish Drop Based on the H4 chart analysis, we can see that the price is testing our sell entry at 1.0897, which is a pullback resistance.
Our take profit will be at 1.0818, aligning close to the 23.6% Fibonacci retracement.
The stop loss will be placed at 1.1005, above the 161.8% Fibonacci extension.
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Nasdaq Long-Term Elliott Wave AnalysisNasdaq Long-Term Elliott Wave Analysis
Hello, this time I’m looking at the long-term Elliott Wave for the Nasdaq.
On the weekly candle chart, it seems like the long-term Impulse 5 wave, which started in 2003, is coming to an end. Even when breaking it down into yellow sub-waves, everything aligns correctly, and all Elliott Wave rules are properly applied.
Beginners may not fully understand, but in Elliott Wave theory, Impulse 5 waves must also contain a 5-wave subdivision. Although I haven't marked all the counts to keep the chart clean, if you count them yourself, they should all be correct.
A strong piece of evidence supporting this view is that wave 4 of the blue wave 5 retraced to around the 0.382 level. The yellow wave 4 also retraced to around 0.382, which further confirms this analysis.
The issue here is that if this assumption is correct and wave 5 of the Elliott Wave has completed, then the Nasdaq could potentially drop to around 14,000. There is a possibility of it following a green ABC correction.
For this green ABC correction to be valid, it must be larger in both size and duration than wave 4 of the blue wave, because this correction belongs to a higher-degree wave. Based on this calculation, the decline could last until at least 2028. If we’re lucky, the green wave B retracement might push higher and form a flat correction, ideally ending at the 16,000 resistance level.
From a fundamental perspective, Trump continues to talk about tariffs, which is not a positive factor for the market.
However, if we consider the red circle as wave 1, then the green correction might end at the 0.382 (14,000) retracement level, and another 5-wave rally could follow. If that happens, good times will return.
For some hope, we could also consider that the blue wave 5 has not yet finished, and there might be another push higher, as indicated by the orange wave 5 scenario. To confirm this, we should monitor the price action around the 18,000 level—if a 5-wave upward structure appears, then an extended rally might still be possible.
If 18,000 is broken easily, then there is little hope left. Given the current global situation, the only bullish scenario would be Trump partially rolling back his tariff policies.
It might not be the best news, but as traders, whether we go short or take other strategies, the goal is to make money—so there's no need to worry too much.
May luck be on your side!
A market reconsidering USD | FX ResearchFinancial markets can't get away from all things trade tariffs, and it's clear the unpredictability has been rattling sentiment. The unpredictability has also been behind a lot of the US dollar selling we've been seeing, particularly against the major currencies now viewed as alternative safe havens amidst the deterioration in confidence in the buck.
Meanwhile, the euro has been shining brightest as it also benefits from the new EU fiscal reform narrative. We have seen some weakness in the yen in recent sessions, presumably on worry over Japan's fate with respect to getting trade exemptions from the US.
Looking ahead, key standouts on Wednesday's calendar come from an ECB Lagarde speech, US inflation data, and the Bank of Canada policy decision.
VANRYUSDT Approaching a Breakout from Falling Wedge VANRYUSDT is currently forming a falling wedge pattern, a bullish technical setup that traders are closely watching. This pattern often signals a potential breakout, and with strong volume backing the movement, the chances of a significant price surge are increasing. As the price consolidates within the wedge, buyers are gradually stepping in, indicating growing investor confidence in this project.
The market sentiment around VANRYUSDT remains positive, with investors showing increased interest in its potential. A breakout from this pattern could trigger an explosive rally, with expected gains ranging between 250% to 300%. If the price successfully breaches the resistance, it could initiate a strong uptrend, attracting even more market participants and pushing VANRYUSDT toward higher levels.
With strong volume supporting the price action, traders should keep a close watch on the key resistance level. A confirmed breakout with sustained buying pressure could validate the bullish outlook. As the crypto market remains volatile, proper risk management and technical confirmation are essential before entering a position in this promising setup.
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USOIL RETEST TRADE READ CAPTIONhellloo traders what do you think about USOIL
current price 66.20
USOIL work in support area and USOIL nothing breakout low and resistance (3 time) he rejected support area and pump upside I think USOIL again touching support area and taking support to jump upside when USOIL breakout 68.00 then he more go to upside to touching demand zone
Support area 66.00-65.400
Resistance 68.00
Target 70.30
Please don't forget to like comments and follow thank you
$QQQ - Trading Levels for March 12 2025
30min 35EMA IS the level to watch. Looks like QQQ is trying to find support there.
I did just sell 482/487 bear call spreads - that is a 5 dollar wide spread.
Bear gap at the top of the trading range. If you’re thinking of that spread let me suggest 1.75 as the first entry - then 2.25 if we keep moving up.
Netflix Gap Filled: Will the Channel Hold ?👋 What’s up, traders! Netflix is at a critical support zone—what’s your take on this setup?
🚀 Hope everyone’s having a great trading day! Here’s an interesting technical setup on NFLX. Let’s break it down together!
Netflix (NFLX) has been trading inside a well-defined ascending channel, respecting both channel resistance (upper boundary) and channel support (lower boundary). Recently, the stock experienced a sharp sell-off, leading to the completion of a major gap fill, highlighted in blue.
Historically, gap fills often act as key decision points, where price either reverses or breaks down further. Now, NFLX is testing a critical support zone at the lower boundary of the channel.
Why is this level important-:
The gap is now fully closed, removing the imbalance created by the previous breakout.
The ascending channel support is holding for now, making it a key zone for buyers.
If buyers step in, a bounce could follow, while a break below this level may lead to further downside.
Key Observations & Market Psychology-:
Gap Fill Completed: The price has fully retraced the previous breakout gap—this is often a point where traders react.
Strong Bearish Momentum: The recent decline was aggressive, showing significant selling pressure.
Volume Analysis: If buying volume increases at this level, it could indicate a potential reversal. Conversely, heavy selling volume may confirm further downside.
Confluence Factor: This support aligns with previous price action, making it a high-probability zone for a reaction. Let's discuss trading plans according to above obsevations.
Bullish Scenario (Bounce from Support)-:
If the price respects the channel support and forms a bullish reversal candlestick pattern, such as a hammer or bullish engulfing, this could trigger a bounce.
A move above $920 - $940 would indicate strength, with targets at $970 - $1,000.
A break above $1,000+ could lead to a continuation toward the channel resistance around $1,050.
Bearish Breakdown (Failure of Support)-:
If NFLX breaks below the ascending channel support with strong volume, further downside could be expected.
The next key support zone would be around $840 - $800, where buyers might step in again.
Increased selling pressure could accelerate the decline, making short positions favorable.
Educational Insight: Why Do Gap Fills Matter?
Gaps occur when price jumps between two trading sessions without any activity in between. These gaps often act as magnets, as price tends to revisit them before deciding the next trend.
Why does this happen?
Gaps represent areas of low liquidity that markets often seek to fill.
Once a gap is filled, the price either reverses strongly or continues in the direction of the trend.
Final Thoughts & Trade Approach
Netflix (NFLX) is currently at a make-or-break level, and the next few trading sessions will determine it's direction.
If buyers step in, this could be an excellent long opportunity.
If sellers push it lower, the breakdown could open doors for further downside.
What’s your take on NFLX? Will it bounce or break down? Let’s discuss in the comments!
Hope you will like the publication
Best Regards- Amit
Will Tron Correct 11% and Hit $0.20 Strong Support?Hello and greetings to all the crypto enthusiasts, ✌
Let’s dive into a full analysis of the upcoming price potential for Tron 🔍📈.
Tron is positioned within a parallel channel, nearing a key resistance level. Given its relative strength in the current market compared to other altcoins, I foresee a potential correction of up to 11%. This could lead the price to $0.20, a significant psychological support zone with strong technical backing.📚🙌
🧨 Our team's main opinion is:🧨
Tron is approaching key resistance, with an 11% drop likely to $0.20 support.📚🎇
Give me some energy !!
✨We invest hours crafting valuable ideas, and your support means everything—feel free to ask questions in the comments! 😊💬
Cheers, Mad Whale. 🐋
uh owell we've so far passed all my support points and are like in super duper oversold territory. Traders want to bounce but I'm going to finally change my 6 month outlook. BEARISH. Short term it depends on how the chips fall -- if we get some straws to grasp at on the economic data side of things, we could bounce easily to $580.
But people are not liking the current field, even after all the panic selling, there aren't many management firms snatching up the deals. Except for NVDA, people really fell on that knife these past 2 days, hoping its profits remain magnificent and its costs don't increase. Maybe TSLA will be a buy soon -- Musk owns less than 50% of the company right? They can vote him out in June? I mean I was expecting a bounce and extra profits from the CEO being so close to the POTUS but maybe people are sensing he's too MIA, off playing video games or something.
Worst of all, the administration isn't even giving people platitudes. There's no, 'we're doing everything we can to prevent a full Biden recession'. There's almost a calm acceptance that it might happen and we'll be better off for it. At first it was just uncertainty around rate cuts but its blossomed into caution around CapEx and MA (because somehow the outlook on tariffs is even murkier now than in December) and dent in employment activity due to mass layoffs at the federal level. Like this year just cannot get any worse -- and any bullish reversals will be due to that sentiment; that we're impervious to further drops in the stock market because the bad news is already priced in. But we haven't accounted for all the people who will have to cash out of their 401k's this fall and therefore cannot discount the possibility of a 25% market correction or more. Like, I'll change my mind when the administration starts acting like recessions are bad and we should work our hardest to avoid them rather than just making sure Biden gets some of the blame (no way Trump escapes all the blame anymore, he'll be lucky if he can avoid a government shutdown Friday).
Like usually treasuries move inverse to stock market action, but what if the pause in business activity is because of unpredictability at the federal government? How long before we float the idea of reneging on our debts and we get downgraded to a B+? Like we talk about protectionist policies and fiscal conservativism; what could be more of an America first policy than just defaulting on our owed debt? I just hope we can default in tranches so that not all $36 trillion becomes worthless all at once. Maybe the Fed can look into that -- stop selling short term notes for example and commit to honoring our immediate debts...
Bullish rise?NZD/CHF has bounced off the support level which is a pullback support that lines up with the 38.2% Fibonacci retracement and could rise from this level to our take profit.
Entry: 0.50307
Why we like it:
There is a pullback support level that lines up with the 38.2% Fibonacci retracement.
Stop loss: 0.50055
Why we like it:
There is a pullback support level.
Take profit: 0.5093
Why we like it:
There is a pullback resistance level that is slightly above the 78.6% Fibonacci retracement.
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$DIA - Trading Levels for March 12 2025
Our trading range today here is completely underneath the Weekly 35EMA.
That is big. You know what happens when we close under that on the week, right 🫣
Ok I'm being a little dramatic but still - watch for a cross up on the indicator, looks like it could be a little divergent to give us a swing up today. maybe to the 200DMA
XRP WAVE COUNT BASED OFF ELLIOT WAVE RULES. This is the wave count.
Zigzags upward aren’t always waves and you can’t nilly willy use EWT to make what looks good a wave count.
1. Wave 1: The first wave is the initial move in the direction of the new trend (up in a bull market, down in a bear market).
2. Wave 2: The second wave is a correction that retraces part of Wave 1 but never moves beyond the starting point of Wave 1 (e.g., in an uptrend, it doesn’t drop below the low where Wave 1 began).
3. Wave 3: The third wave is typically the strongest and longest, moving in the trend direction, and it must extend beyond the end of Wave 1. It cannot be the shortest of Waves 1, 3, or 5.
4. Wave 4: The fourth wave is another correction that retraces part of Wave 3 but cannot overlap with the price territory of Wave 1 (e.g., in an uptrend, Wave 4’s low doesn’t drop into Wave 1’s high).
5. Wave 5: The fifth wave is the final move in the trend direction, completing the impulse, and it must extend beyond the end of Wave 3.
Key Notes
• An impulse wave consists of 5 waves: 3 trending waves (1, 3, 5) and 2 corrective waves (2, 4).
• After a 5-wave impulse, a corrective phase follows with 3 waves (labeled A, B, C) moving against the trend.
• These rules apply strictly to impulse waves; corrective waves have more flexibility but follow their own guidelines (e.g., zigzags, flats, triangles).