GBPUSD Week 10 Swing Zone/LevelsWeek by week pinched pips keeps increasing.
As highlighted last week, Weekly zone and levels are mapped based on previous week daily high-low relationship (ie Monday HL in relation to Tuesday in relation to Wednesday HL, etc).
Using the 5min candle for entry keeps the SL small btw 10-15 pips and TP ideally to the next level. Some swing levels are only marked after price interacts pre-calculated levels.
Two possible road maps for the week, a or b?
As always price action determines trades.
Support
GOLD 2H OUTLOOK FOR TODAYThe expected move in the price of gold can be analyzed on a 2-hour time frame. As we know, the overall trend of gold remains bullish. However, recently, gold has broken it's trendline support and has also confirmed a Market Structure Shift (MSS). Therefore, today, I will be looking at the market from a sell-side perspective. I will wait for the price to reach my given key levels and form some bearish or reversal patterns, so I can get an ideal entry point. Confirmation is crucial in this process. Let's dive deeper into these levels and potential outcomes.
Always use stoploss for your trade.
Always use proper money management and proper R:R ratio.
This is my analysis for today.
#XAUUSD 2H Technical Analysis Expected Move.
NMR with potential for growthHello everyone, let's look at the NMR chart in hand at USDT, taking into account the 1W interval.
As we can see, the prices are moving under the designated inheritance trend line, and what is more, you can see here when we entered a strong support zone from $ 11 to $ 7, which can potentially be a good shopping zone for Long position.
In a situation where BTC stabilizes at the current price or the valuation increases again, we can see an interesting increase on NMR.
It is worth considering several output levels like T1 = 12.36 $
T2 = 14.98 $
T3 = 19.59 $
T4 = 22.77 $
T5 = $ 26.74
Looking at the RSI indicator, you can see the traffic below the lower limit, which may also indicate a potentially upcoming growth movement.
GOLD UPDATE ROUTE MAPI am currently analyzing the 4-hour timeframe of gold. As we know, there has been strong bearish pressure in the gold market over the past few days. Therefore, my focus will remain on bearish opportunities. On the higher timeframe, gold has broken its bullish trendline, and my selling area will be around this level, as seen on the chart. I will wait for the price to reach my key levels and either show bearish confirmation or any reversal signal so that I can plan my sell entry at my ideal level. Confirmation is very important. Let's see what happens.
Always use stoploss for your trade.
Always use proper money management and proper risk to reward ratio.
This is just my analysis or prediction. Let's analyze more deeply in smaller time frame.
#XAUUSD 4H Technical Analysis Expected Move.
$SOL Epic 18% Rally to End the Month!What an epic day for CRYPTOCAP:SOL today with an 18% rally!
Closed the month outside of that accumulation zone I mentioned in previous TA, which is very promising.
Looking for SOL to build a cluster this next week outside that range, and then make another leg up into the green zone to reclaim the EMA9.
Take it level by level 👍
Dogecoin - New All Time Highs Will Come!Dogecoin ( CRYPTO:DOGEUSD ) still remains bullish:
Click chart above to see the detailed analysis👆🏻
If you look at the chart above, you can see almost only green mark ups. That's because despite the recent drop, Dogecoin remains in a very bullish market and is overall clearly heading higher. If this break and retest now plays out, we will even see new all time highs in the future.
Levels to watch: $0.2, $0.5
Keep your long term vision,
Philip (BasicTrading)
Cardano - The Historic Rally Of +700%!Cardano ( CRYPTO:ADAUSD ) perfectly repeats the previous cycle:
Click chart above to see the detailed analysis👆🏻
Cardano perfectly retested a major horizontal support in the beginning of 2023. Recently we then saw the break above the neckline of the double bottom formation and a rally of about +400%. Cardano is clearly repeating the cycle of 2021 and a potential rally of another +700%.
Levels to watch: $0.7, $6.0
Keep your long term vision,
Philip (BasicTrading)
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.
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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.
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Is Bitcoin Topping Out? Critical Levels to WatchSince the low of $15,476 on November 21, 2022, Bitcoin has surged to an all-time high of $109,588 on January 20, 2025. That’s an incredible +608% increase over 791 days. We also hit the long-anticipated $100K mark. But for almost three months now, Bitcoin has been stuck in a range between $90K and the all-time high, showing some indecision in the market.
Looking Back: Market Structure & Trends
Bitcoin spent over 250 days consolidating between $50K and $70K before finally breaking out in November 2024, right around the U.S. election. That breakout triggered a massive rally, pushing Bitcoin to 100K in just one month. Since then, bulls and bears have been battling it out, trying to establish control over this crucial psychological level.
A look at the pitchfork tool shows that Bitcoin has been rejected at the 0.618, 0.666, and 0.786 levels multiple times while trying to push higher. Recently, we lost the median line of the pitchfork and dropped below 100K, suggesting bullish momentum is fading. The 233 SMA/EMA on the 4-hour TF as well as the 21 EMA/MA on the daily TF has also flipped into resistance, adding to the bearish pressure.
Is February Shaping Up to Be a Bearish Month?
If we compare the current cycle to the 2020 bull market, the price action looks similar, forming a top where Bitcoin struggles to break higher. February could bring a healthy correction before any new leg up.
Key Support Zones & Confluences
Here’s where we could see solid support:
Unfilled CME Gap at $77,930 – Historically, Bitcoin tends to fill these gaps over time
Pitchfork Lower Support Line (~$80K) – If Bitcoin drops, this level aligns with multiple confluences by late February or early March
Fib Speed Fan (0.618 from $50K to ATH) – Perfectly lines up with the pitchfork lower support around $80K
Trend-Based Fibonacci Extension (1.618) – Another confluence at the $79K mark
Fib Retracement (0.5 from $50K to ATH) – Adds more support at $79.3K
Negative Fibonacci Retracement (-0.618) – Lands right at the open gap, reinforcing this zone
Daily 233 EMA/MA – Sitting at $81.3K and $76.4K, further supporting this region
Key Support Zone: $80K - $78K – With all these confluences, this is a strong area for a potential long setup
Additional Support Zone: FWB:88K - $86K – Another important region to watch for a bounce
Resistance Levels & Confluences
Psychological Resistance at 100K – A major battle zone between bulls and bears
Daily 21 EMA/MA (~$99.5K - 101K) – A key resistance level that could cap any upward movement
233 SMA/EMA on the 4H Timeframe – Now acting as resistance, adding pressure to the downside
Potential Trade Setups
Long Setup #1: A potential entry from FWB:88K - $86K
Long Setup #2: $80K - $78K support zone with confirmation could present a high-probability trade
Final Thoughts
Bitcoin is facing strong resistance at 100K, with multiple technical indicators suggesting a possible pullback. While the bigger trend remains bullish, February might bring a correction, providing great long opportunities around the FWB:88K - $86K and $80K - $78K region. Keep an eye on key support zones and look for confirmation signals before jumping into trades.
New Indicator Release
The 4H, Daily, and Weekly support zones seen on the charts are from my new indicator, which I released for free a few days ago. Feel free to check it out and incorporate it into your analysis.
BTC to $72k-$73k to test major supportWe tried to break out of this long term channel and we were rejected like a nerd on prom day. We were tracking a short/medium term descending channel and now we have broken out of that and fast heading for bottom of overarching ascending channel. another really bit of ominous sign is we lost our 200 day moving average, this also puts us at threat of a death cross over the next month or so. Also note the rest of the crypto market for the most part, looks worse than BTC, many are at multi year lows, many have broken their multi-year ascension, few charts look appealing in crypto right now... But we are still inside that long term ascending channel and therefore, still in a bullish trend overall but a lot of things are piling up against it.
So we will look to catch support at around $72- FWB:73K and then hopefully climb back up this channel. If we break the bottom of this two year ascending channel the lows could be a lot lower. The only thing that makes this a little shaky right now is that Ethereum just broke its two year ascending pattern, could it be a sign of whats to come for BTC?
Stay vigilant, personally I would not consider a long before we test that bottom of channel, and even there I would urge tight stop losses for those trying to take advantage of the situation. That also stands for any crypto, never trade any alts and such without also watching BTC, when BTC is unhappy, generally the rest of the market is even more unhappy.
As always, my posts are informational, DYOR.
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!
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!
QQQ - support & resistant areas for today Feb 27, 2025So these are the support and resistant points for QQQ. Bounce off on these areas can initiate long or short positions.
This levels are mathematically calculated with future forecasting for the day. Only valid for the day.
If yall want me to post this every morning 9.30am please boost and follow me, so i know it is valuable for yall. If this post doesn't get more than 10 boosts, I will not continue this daily.
Thank you
Ethereum - Watch This Massive Support!Ethereum ( CRYPTO:ETHUSD ) is weak but testing strong support:
Click chart above to see the detailed analysis👆🏻
The entire crypto market is currently not able to stop the bleeding and also Ethereum just dropped another -20% over the past three days. It might seem like a horrible scenario but overall Ethereum is still in a bullish market. Just watch the final confluence of support now.
Levels to watch: $2.000, $4.000
Keep your long term vision,
Philip (BasicTrading)
DOT/USDT 4H chart reviewHello everyone, let's look at the 4H Dot chart to USDT, in this situation we can see how the price moves in the local growth trend channel. However, let's start by defining goals for the near future the price must face:
T1 = $ 4.93
T2 = $ 5.40
Т3 = $ 5.87
T4 = $ 6.18
Let's go to Stop-Loss now in case of further declines on the market:
SL1 = 4.65 $
SL2 = 4.19 $
SL3 = $ 3,74
SL4 = $ 3.39
Looking at the RSI indicator, you can see the traffic above the upper limit of the range in the place where the price relief could be observed earlier.
[LONG] STX - STACKS on support and ready for a bounceSTX is another beaten up coin that this year alone lost more than 60% of it's already beaten up marketcap. From the peak on April of 2024 to January of this year STX was already down 50%. Bulls got completely obliterated, but not everything is lost for STACKS: Sitting at $0.75 is now testing (and holding) for second time the previous 2023 resistance, now turned support. A bounce here doesn't immediately mean the end of the fall, but we can catch a good counter-trend move to retest the distribution zone on the $1.44 to $2.00 range
1st Entry: $0.75 (previous resistance, now support)
2nd Entry: $0.65 (most traded zone)
move SL to Break even if price breaks the previous high at $1.00
1st TP: $1.34
2nd TP: around $1.80 or look for signs of weakness in lower timeframes at this area
QQQ - support & resistant areas for today Feb 26, 2025So these are the support and resistant points for $QQQ. Bounce off on these areas can initiate long or short positions.
I see IV is high today for QQQ in the opening. Maybe I will wait till the afternoon for options.
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SPY support & resistant areas for today Feb 25, 2025AMEX:SPY So these are the support and resistant points for TSLA. Bounce off on these areas can initiate long or short positions.
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$XRP Ripple Breakdown to $2.00 LikelyIn this video, I analyze CRYPTO:XRPUSD 's current price action and explain why I expect it to continue moving lower. After closely examining the chart, I now have greater confidence that CRYPTO:XRPUSD is headed toward at least $2.00, possibly lower.
The price is losing support within a key channel and appears to be failing a retest after a breakout without much momentum. There’s no significant support holding it up right now, meaning a further drop is the most likely scenario. Several technical factors—including trendlines, moving averages, and liquidity positioning—align with this expectation.
Key Market Observations & Trade Setup
🔹 Why a Drop is Likely
Price is breaking below key support, suggesting continuation downward.
No structural support underneath the current level, making a drop to at least $2.00 likely.
The broader market, including Bitcoin, is showing weakness, reinforcing this move.
🔹 Target Zones & Expected Movement
$2.00 is a key level, but price could go lower.
Trendlines and moving averages below indicate further downside potential.
No immediate signs of reversal—the market is likely to keep declining in the short term.
🔹 Trading Considerations & Risk Management
Holding here is risky—waiting for confirmation of a bounce is critical before considering entries.
There’s no real support keeping price afloat, so traders should plan accordingly.
This move aligns with previous technical expectations, confirming that further downside is not unexpected.
Final Thoughts
COINBASE:XRPUSD is falling as expected, and based on the chart, a move toward $2.00 or lower seems highly probable. There’s nothing holding price up right now, and broader market conditions support this outlook.
And apologies if I sound a little slow and for the little pauses, I'm still going on no sleep and the entire time I was speaking I was just trying to compartmentalize my frustration with the terrible lag which I'm experiencing trying to move the mouse around on the screen...
GOLD 2H (BEARISH BIAS)I’m currently diving into the 2-hour time frame chart for gold. As we both know, gold recently hit its all-time high, and now its price action is showing some unpredictable moves. Based on my analysis, I’m focusing on a sell-side strategy today, aiming to catch a potential bearish move. I've identified key levels on the chart that will guide my approach. The most crucial point here is that once the market hits these key levels, I'll wait for a strong bearish confirmation before executing my trade. Let's explore these levels and the possible outcomes in more detail.
This is my analysis for today, but remember, this is not financial advice! Always wait for confirmation before pulling the trigger on any trades. Stay sharp!
Always use stoploss for your trade.
Always use proper money management and proper risk to reward ratio.
#XAUUSD 2H Technical Analyze Expected Move.