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Resistence

Short setup on SPX (x2)After the most recent upward move, the SPX shows clear signs of weakness, suggesting a potential short setup. Since mid-July, the SPX has been moving upward and it's now near its all-time high. However, the RSI Exhaustion at the bottom of the chart has significantly declined and hasn't recovered much, establishing a downtrend. This divergence between the price and the RSI Exhaustion is the first major signal of a possible short configuration. Three additional signs support this setup: The RSI Exhaustion shows recent bullish exhaustion (indicated in green), signaling that further price increases are unlikely. The price has formed a top just shy of its all-time high, as identified by the Bottoms Tops Signal indicator. A major level has formed, as indicated by the Levels and Zones indicator. While this level turned into support, it originated as resistance and could well revert back to it should be price start to drop further. Is the bull run over? Only time will tell, but for now, it's crucial to remain patient and always seek confirmation from the indicators.
TVC:SPXShort
by a.b
Will BTC drop to further supports?Hello everyone, I invite you to review the current situation on BTC. When we enter the one-day interval, we can see how the BTC price is moving under the local downtrend line. What's more, we can see here how we broke the uptrend line at the bottom, but we are still above the main uptrend line. Currently, we can see how the price is based on support at $ 79,339, but if we leave this support at the bottom, we still have strong support at $ 72,294, which is located at the golden FIB point 0.618, under it we can see the main trend line passing and then support at $ 62,217. Looking the other way, in a situation when the trend reverses, we can expect resistance at $ 85,562, then resistance is visible at $ 90,843, the next significant resistance is at $ 97,888, behind which we already have a very strong resistance zone from $ 103,060 to $ 109,481. On the MACD indicator, we can observe the continuation of the ongoing downward trend, in which at the moment there is no signal for the price to return. However, it is worth looking at the EMA Cross 50/200 indicator here, which, despite a strong decline, still maintains an upward trend, which may have a positive impact on the price in the coming weeks.
BINANCE:BTCUSD
by cryptodailyuk
potential NASDAQ bearish reversal in the makingThe Nasdaq appears to be showing signs of a bearish reversal as technical and macroeconomic factors align against further upside. After a strong rally, the index is encountering key resistance, prompting concerns among traders about the sustainability of the recent gains. A pinbar candlestick pattern has emerged, signaling potential downside as buyers fail to sustain momentum. Historically, such formations indicate a rejection of higher prices, often leading to further declines. Additionally, selling pressure on rallies suggests that market participants are taking profits rather than betting on continued strength. From a momentum perspective, the Moving Average Convergence Divergence (MACD) indicator is beginning to roll over, hinting at a potential shift in trend. If this bearish momentum continues, the Nasdaq could face increased selling pressure in the coming sessions. Beyond technicals, fundamental factors are adding to the uncertainty. The announcement of new tariffs under former President Donald Trump’s trade policies is weighing on market sentiment. Moreover, while Federal Reserve rate cuts are traditionally viewed as bullish, historical data suggests that in some cases, they coincide with economic slowdowns, leading to weaker market conditions. Looking at key downside levels, support can be found at 18,400, where buyers might attempt to stabilize the market. A break below this level could accelerate losses toward 16,500, a critical zone where stronger buying interest may emerge. Traders should closely monitor price action and market reactions at these levels. Confirmation of bearish signals and continued weakness in bullish sentiment could pave the way for a more extended correction. Caution is advised, with risk management strategies essential for navigating the potential downturn.
NASDAQ:NDXShort
by fwalbaum
1
BTC/USD 1D Chart ReviewHello everyone, I invite you to review the current situation on BTC. When we enter the one-day interval, we can see how the BTC price is moving in the formed downtrend channel in which we are again approaching its upper limit. Here you can see how the current rebound has approached the resistance zone from $ 92,851 to $ 95,975, which the price cannot break through, only when we exit it upwards will the path open towards resistance at $ 99,903. Looking the other way, we can see that in the first place we have a significant support zone from $ 93,477 to $ 79,907, which currently manages to keep the price from larger declines. However, when the zone is broken, we can see the price going down to the level of $ 75,354. On the MACD indicator we can observe a fight to return to the upward trend in which we have a lot of room for price increases, while on the RSI indicator we are approaching the middle of the range which still gives room for growth, however, at this level we could previously see a reaction, which is something to watch out for.
BINANCE:BTCUSD
by cryptodailyuk
1
SPY - support & resistant areas for today Feb 28, 2025Here are the key support and resistance levels for SPY today, indicating potential reversal or consolidation points. A bounce off these levels may signal long (buy) or short (sell) positions. These levels are calculated using mathematical models relevant for today's trading session. They may change in the future. If you find this helpful and want daily insights at 9:30 AM, please boost this post and follow me. Your engagement supports continued updates. Thank you!
AMEX:SPY
by OnePunchMan91
3
QQQ - support & resistant areas for today Feb 28, 2025The following key support and resistance levels for QQQ have been established for today. These levels are critical as they denote areas where price movements may experience reversal or consolidation. A rebound from these support or resistance zones can indicate potential long (buy) or short (sell) positions for traders. The determination of these levels has been conducted through the application of mathematical models and forecasting techniques, ensuring their relevance for today's trading session. It is important to note that these levels are applicable solely for today and may be subject to change in subsequent trading sessions. Should you find this information valuable and wish to receive similar insights each morning at 9:30 AM, I kindly request your support by boosting this post and following my updates. Your engagement is instrumental in helping m
NASDAQ:QQQ
by OnePunchMan91
TSLA - support & resistant areas for today Feb 27, 2025Here are the key support and resistance levels for TSLA for today. These levels are crucial as they indicate areas where the price may reverse or consolidate. A bounce off these support or resistance zones can signal potential long (buy) or short (sell) positions for traders. These levels have been calculated using mathematical models and forecasting techniques, ensuring their relevance for today's trading session. Please note that these levels apply only for today and may change in the future. If you find this information helpful and would like to receive these insights every morning at 9:30 AM, please support me by boosting this post and following me. Your engagement helps me understand the value of this content. If this post does not receive more than 10 boosts, I will reconsider continuing with these daily updates. Thank you for your support!
NASDAQ:TSLA
by OnePunchMan91
SPY - support & resistant areas for today Feb 27, 2025** AMEX:SPY : Daily Support and Resistance Levels** Here are the key support and resistance points for SPY for today. These levels are crucial as they define areas where the price may reverse or consolidate. A bounce off these support or resistance zones can signal potential long (buy) or short (sell) positions for traders. These levels have been calculated using mathematical models and future forecasting techniques, ensuring that they are relevant for the trading day. Please note that these levels are only applicable for today’s trading session and may change in the future. If you find this information helpful and would like me to share these insights every morning at 9:30 AM, please show your support by boosting this post and following me. Your engagement helps me understand the value of this content. If this post does not receive more than 10 boosts, I will reconsider continuing with these daily updates. Thank you for your support!
AMEX:SPY
by OnePunchMan91
GBP/USD Analysis – Bullish Momentum or a Pullback?GBP/USD Technical Analysis – Bullish Momentum or a Temporary Pullback? By Dhanda The Great The GBP/USD currency pair has been on an interesting journey over the past few months, experiencing a significant downtrend before showing signs of a bullish reversal. The big question now: Is this the beginning of a sustained uptrend, or just a temporary pullback? Chart Analysis & Key Levels Breakout from the Downtrend: The pair was trading within a descending channel for months, indicating a strong bearish structure. Recently, GBP/USD broke out of this channel, which could signify a trend reversal or at least a short-term bullish correction. Support & Resistance Zones: Support: The key demand zone lies between 1.2100 - 1.2200, where previous bounces have occurred. Resistance: GBP/USD faces a crucial test around 1.2750 - 1.2800. A break above this level could propel the pair towards the psychological 1.3000 mark. Moving Averages & Bollinger Bands: The price is currently riding the upper Bollinger Band, which shows strong buying pressure. Short-term EMAs (Exponential Moving Averages) are crossing upwards, signaling potential bullish continuation. Trade Ideas & Market Outlook 📈 Bullish Scenario: If GBP/USD holds above 1.2600, it could gain further momentum towards 1.2750 - 1.2800. A confirmed breakout above 1.2800 would open doors for 1.3000. 📉 Bearish Scenario: If the price fails to sustain above 1.2600, we could see a pullback to 1.2300 - 1.2200. A break below 1.2200 would indicate bearish strength, potentially leading to 1.2000 or lower. Final Thoughts The GBP/USD is at a critical juncture, and traders should keep an eye on key levels. With fundamental catalysts like economic data and central bank policies, volatility is expected. A sustained breakout above 1.2800 could mark the beginning of a strong bullish trend, while rejection could send prices lower. 🔥 What’s Next? Keep an eye on GBP/USD and be ready to react! Let’s make 2025 the year of your financial success! 🚀💰 #GBPUSD #ForexTrading #DhandaTheGreat #Investing #TradingSignals #FinancialFreedom
Long
by DhandaTheGreat
GBPCHF - Head and Shoulders SetupHello traders, On the daily timeframe GBPCHF has been consolidating in a range. Now it is at the resistance level of the range and so we should be looking for shorting opportunities. On the lower timeframes, the 4H and 2H, it has formed a head and shoulders pattern which is a great reversal pattern. Add to this the RSI divergence which in many occasions foreshadows the change in trend. I will be entering when we get a close below the neckline on the 2H timeframe.
Short
by The_Worldy
BNB - will there be enough time for further growth in this cycleHello everyone, I invite you to review the current situation on BNB. When we enter the one-month interval, we can see how the price, after a long period of bearishness, turned into an upward trend in which it came out on top of the long-term downward trend line. Currently, we can see the movement along the upward trend line, which is also a support line for declines. Here we can see how the price is currently based on support at $ 670, however, if this support is broken, we can then see the price quickly descending again to the area of ​​a strong support zone from $ 540 to $ 460. Looking the other way, we can see that when the trend reverses, we first have a resistance zone from $ 744 to $ 810, only when we come out on top of this zone can we see further movement towards $ 893, which may open the way towards another strong resistance in the area of ​​$ 1134. The RSI indicator shows that we are staying above the upper limit, which could potentially indicate an approaching larger rebound, but before that we may still see an attempt at growth so that the indicator reaches its previous highs.
by cryptodailyuk
Ethereum’s Long-Term Bullish Outlook: Key ResistancesThis technical analysis follows a progressive wave growth pattern (Wave 1, Wave 2, and Wave 3), where previous wave bottoms evolve into key resistance levels. The long-term target is set at the zone marked by the 💲 emoji, representing a potentially achievable level if the current structure is respected. 1. Wave pattern with sequential resistances: Wave 1: The first bullish wave established an initial bottom, which, once broken, turned into resistance (R1). Wave 2: After breaking the Wave 1 bottom, the price advanced into the second wave, whose bottom is now acting as resistance (R2). Wave 3: Currently developing, with the bottom of Wave 2 serving as key resistance (R3), acting as the gateway to the long-term target. 2. Main resistance and the 💲 target: Main Resistance: This level is crucial for confirming the continuation of the bullish trend. A breakout with volume could push the price toward the target zone (💲). 💲 Target Zone: Represents the projected growth level if Ethereum maintains its structure and successfully breaks R3. This zone is the long-term target for investors with a broader outlook. 3. Importance of maintaining supports: The support provided by the Wave 2 bottom is critical to validate this move. If held, Ethereum could continue following the projected pattern. Moving averages also reinforce the structure, indicating that the bullish bias remains intact as long as no major breakdown occurs. Conclusion: The long-term target lies within the zone marked by the 💲 emoji. To reach it, Ethereum must progressively break through R1, R2, and especially R3, while respecting current support levels. This scenario presents an opportunity for a sustained bullish rally if these conditions are met. 🚀
BINANCE:ETHUSDLong
by WeLoveCryptocurrency
ADANI GREEN The stock can't be predicted clearly as there are abnormal moves due to various news. However, it's likely forming an ascending triangle (not clearly). look for bearishness if it closes below 870 on a weekly TF, and the target would be 600 again. Bullishness is only visible above 2300 or the breakout of the trendline. For a successful breakout/breakdown, we should ideally see a strong respective timeframe candle on our chart to close —it’s crucial to use that timeframe. Following the breakout/breakdown, the ideal entry point would be after a consecutive candle that breaks above/below the breakout/breakdown candle As always, remember to do your own research before making any investment decisions!
NSE:ADANIGREENLong
by ShivNetha
Technical Analysis of XAUUSD (Gold/USD) – 4H ChartTechnical Analysis of XAUUSD (Gold/USD) – 4H Chart 1. Review of Last Week’s Trend Strong Uptrend: Gold prices have been steadily rising over the past week, particularly after breaking the structure (BOS) and confirming bullish pressure. Breaking Resistance Levels: The price has moved above the equilibrium level and the PDL (Previous Day Low), approaching the premium zone. Resistance at 2800 - 2820: The red zone (Premium) indicates a strong resistance area where the price has reacted and formed a weak high. 2. Forecast for the Upcoming Week Possible Price Correction: Since the price has reached a strong resistance level (red zone), a potential pullback may occur. The PDH (Previous Day High) could act as support. Key Support Levels: PWH (Previous Week High) 2760 (aligned with the white moving average) 2740 - 2725 (aligned with the green and yellow moving averages) Two Possible Scenarios for Next Week: If the price breaks above the 2820 resistance: The uptrend may continue towards 2840 and 2850. If the price fails to break resistance: A correction towards the mentioned support zones is likely. 3. Impact of News on Gold Trump’s Policies & Geopolitical Tensions: The U.S. warning to Iran regarding Trump could increase market uncertainty, which generally benefits gold. Inflation Expectations & Fed Policies: Any signs of potential rate cuts by the Federal Reserve could further boost gold prices. Economic Data: The release of U.S. employment and inflation data in the upcoming week could significantly impact gold’s movement. Conclusion: ✅ The overall trend remains bullish, but a pullback from the 2820-2800 resistance zone is possible. ✅ Key support levels are 2760, 2740, and 2725. ✅ A breakout above 2820 could push prices towards 2850. ✅ Economic and geopolitical news will play a crucial role in price action.
SAXO:XAUUSD
by hesamdrgym
BTC 1D Interval Chart ReviewHello everyone, I invite you to review the current situation on BTC. When we enter the one-day interval, we can see how the BTC price moved in the local downtrend channel, from which we got an exit at the top and currently we can see how the price is fighting to maintain the position above the previous channel, and as a result, it has created a new local uptrend line for us. Here we can see how the current rebound brought the movement closer to the resistance at $ 105,300, and then a strong resistance zone is visible from $ 107,700 to around $ 110,000. Only when we leave this zone at the top will the price be able to continue towards the very strong resistance level at $ 113,400. Looking the other way, we can see that when the trend reverses, we first have a support zone from $102,000 to $99,900, but if this zone is broken, we can see a quick return of the price to the area of ​​the second very strong support zone from $94,470 to $90,450. On the MACD indicator, we can observe a fight to maintain the local upward trend, while lower on the RSI indicator, we can see that the increase in price has given a dynamic movement on the indicator, but we still have room for the price to go to a higher level.
BINANCE:BTCUSD
by cryptodailyuk
3
SUI/USDT 1D Interval Chart ReviewHello everyone, let's look at the 1D SUI to USDT chart, as we can see the price was moving in the local uptrend channel from which we saw a breakout at the bottom, what's more we can define here the local downtrend line in orange color under which the price is currently holding. The current price decline stopped evenly at a strong support at $ 3.49, however, if the support is broken further we can see the price falling to around $ 3.04, and then it can quickly fall to around $ 2.41. Looking the other way we can see that when the trend reverses we have to face the resistance at $ 3.93, then the important level is $ 4.21, which the price must overcome, then it will be able to move further towards the resistances at $ 4.66, and then $ 4.97. Taking into account the STOCH indicator, we can see how we have gone below the lower limit, which is currently confirmed by a slight price rebound, but here we can see that there is a lot of room for potential new increases after the end of the current correction.
by cryptodailyuk