Get started

Support and Resistance

Bitcoin Long Term Analysis & Price PredictionSince 2013, Bitcoin has followed a clear trend of setting tops the year after the most recent halving event. It has also been moving in a very clear trend channel in that time. Bitcoin has yet to experience a real prolonged bear market. My prediction is predicated on us not having a recession until 2026. If we do, the market is probably going to top much sooner and lower than this chart. If we have a recession in 2026, I expect the price of Bitcoin to break the current trend channel and head into a lower one as per the chart. If on the other hand we have a true soft landing, I expect Bitcoin to stay in the current trend channel and head for another post halving year top in 2029.
BNC:BLXLong
by kwest
BTC/MOON/WHEN/NOW? - BTC to 73% market Dominance? I am no astronomer but I think I might see the moon! This breakout is significant. Look at the channel inside the major channel, the one we just broke out of a week or so ago. Now imagine in perspective a similar run as we break out of that much larger channel. Technically this is not confirmed, confirmation would be after we pull back some and prove that old resistance as support now but this breakthrough is still quite significant. Order books still arent growing much but that probably just means traders dont seem to be day trading much more, so likely this growth is from a large buy and hold movement. I do suspect more traders will be fattening up the order books soon though, its a day trader friendly environment ATM. Looking at the BTC Dominance chart, which is also a thing, anything that can be charted really has patterns that can be observed, so anything that can be put into numbers can be charted and patterns can be found. BTC Dominance is how much of all the market capitalization of all the crypto belongs to BTC, what % of market dominance is from BTC valuation. And well we broke out a while back, it was already an indicator of a jump in dominance to come but many times BTC gains dominance when the market crashes as well so BTC dominance rising is not always a good thing. What happens is that BTC drops 5% and Alts (mostly contributed to by ETH's marketcap) drop 10-20%, that is pretty frequent, well that increases BTC Dominance. Of course the other way, BTC runs but runs harder than alts, and that doesn't have to be the same % because BTC already has such a massive market cap if it moves 1% it will already add more market capitalization than the entire market cap of many Cryptos. Here you can see that BTC Dominance break out, it seems to have staged a run. This chart insinuates that we could see BTC claim 73% dominance before resisting. In general I am likely pretty bullish on Crypto for the foreseeable future. I do recognize that BTC and the USD are on a collision course. If there is a large outflow of USD to crypto, the US could implement capitol controls as most countries do in that situation. It could be a long time but the more viral BTC runs, the more imminent and fast approaching a conflict with the USD and BTC will be. On top of potential outflows of USD to crypto triggering monetary capital controls, this would hugely degrade the United States ability to control the globe with global audits, sanctions and monetary control if the USD starts losing to BTC globally. In both cases BTC would be seen as a threat to Americas security and our govt could act against it, or if the USA does not take action against it somehow, it could finally rid the world of the tight grip America has on it. I really don't know how long for either of those scenarios to play out, only I am confident these are tangible conflicts of interest that will face the US and Crypto some time in the future. In the meantime, there is a lot of opportunity to take advantage of. If you are trading make sure you always DYOR and build a tool belt of knowledge, only day trade with what you can afford to lose, dont play with margins unless you are really comfortable with losing everything you are trading with. Ideally, use a stop loss and capture gains with a trailing stop loss if possible, especially if you are doing a momentum trade, getting on the wrong side of an asset that just ran 50% and now pulling back can wreck your funds fast. As always, be vigilant and dominate.
Long
by EncryptShawn
Match Group | MTCH | Long at $32.00Match Group NASDAQ:MTCH is finally at an attractive valuation with ~13 P/E after a stunning rise that started in 2017. The amount of data this company has on its users in such a particular niche will be highly valuable as the world moves toward AI and AI matchmaking. Once large investors realize this, I (personally) feel this stock will 3x or more in the coming 2-5 years. However, it could be a bumpy road to get there since right now earnings growth is stagnant. From a technical analysis perspective, the price was approaching its historical overall simple moving average (SMA, green and white lines). Typically, the closer the price gets to this SMA, there a jump to touch it and consolidate. After the most recent earnings drop, I believe it may be priming / consolidating itself further for a move up (although a dip to $25-$26 wouldn't surprise me). Thus, at $32.00, NASDAQ:MTCH is in a personal buy zone. Target #1 - $37.00 Target #2 - $43.00 Target #3 - $50.00 Target #4 - $62.00
NASDAQ:MTCHLong
by NicksAnalysis
Bearish Correction Expected with Key Bullish Trigger at 44270Technical Analysis The price has increased by approximately +5.20% over the past week. Today, a corrective move toward 43900 is expected, with a break below 43760 potentially signaling a bearish trend targeting 43350. Alternatively, a break above 44270 would open a new bullish phase, aiming for 44400 and 44600. Key Levels: Pivot Point: 44270 Resistance Levels: 44400, 44600 Support Levels: 43900, 43760, 43350 Trend Outlook: Bearish Correction toward 43900 Bullish Continuation above 44270 previous idea:
OANDA:US30USDShort
by SroshMayi
AUD/JPY Day Trading Analysis With Volume ProfileOn AUD/JPY , it's nice to see a strong sell-off from the price of 102 . It's also encouraging to observe a strong volume area where a lot of contracts are accumulated. I believe that sellers from this area will defend their short positions. When the price returns to this area, strong sellers will push the market down again. Downtrend and high volume cluster are the main reasons for my decision to go short on this trade. Happy trading, Dale
by Trader_Dale
UPDATE ON USD/CHF LONGSUSD/CHF 1D - In other news an update on this pair from previous analysis you can see that price did pullback as predicted, not as deeply as we wanted but pulled back nicely before a move to the upside. We have seen that price has now broken structure to the upside here on the daily timeframes suggesting longer term bullishness, for those who missed out on the initial buy impulse, price may pullback to give you a second chance. This trade is running + 153 pips. (+ 5%) 5RR I will be keeping my eye on this pair over the course of the next few days for that opportunity as it may come to clear some of the inefficient structure below before a continuation to the upside. A big well done to anyone who did jump onboard of some long positions on this pair, you should be profiting nicely from this this week. Any questions on this pair leave a comment below!
Long
by Lukegforex
S&P Soars on Election Results in a Stunning RallyLast week's market movements provided a strong example of how impactful certain events can be on sentiment and momentum. In the last market recap, I highlighted uptrend continuation as the most likely scenario. However, at the start of the week, there was absolutely nothing on the chart suggesting a V-shape pivot. Week started on a weak note, but Tuesday marked a shift, as buying interest began to surface, quickly escalating into a stunning overnight gap once preliminary election results emerged. Essentially, the election results had a similar impact on the market as an earnings report can have on a company's stock price. This influx of optimism solidified bulls' control over the market, reinforcing a strong weekly uptrend. The buying wasn’t limited to a few sectors; instead, it was widespread, touching every major sector by the week’s end. Such broad-based buying underscores that the rally is not sector-specific but part of a larger, systemic movement. While we’re seeing robust upward momentum, it’s worth noting that both weekly and daily RSI levels are approaching overbought territory. However, as often observed in strong uptrends, prices can comfortably persist in the overbought zone. With no clear resistance above, I would strongly discourage trying to catch the top. Important levels to watch include 585 (VAH) , which is key in the event of a potential retest of the last consolidation zone, and 568 (major weekly low) , which buyers must protect to maintain control. P.S. If you missed this insane rally, don’t blame yourself too much. Had the election outcome been different, it’s easy to imagine the market would have plunged just as dramatically. So holding short-term position was similar to trading company earnings, which is, in a way, a form of gambling.
AMEX:SPYLong
by hermes_trisme
The 3-Step Rocket Booster Strategy [3.min Video Review]I had a terrible nightmare, and am really not sure why I placed a trade on Bitcoin even at its all-time high Maybe waiting for the price action to be profitable could be the reason why my nightmares kicked in.. Anyway in this video: ->We review the rocket booster ->Candlestick patterns for CAPITALCOM:GBPJPY ->Resistance levels Watch it right now to learn more Also, rocket boost this content to learn more Disclaimer: Trading is risky please learn risk management and profit-taking strategies because you will lose money whether you like it or not.
Long
by lubosi
EURUSD InsightHello, subscribers! Please feel free to share your personal opinions in the comments. Don't forget to like and subscribe! Key Points: - The Fed cut rates by 25 basis points, with Chair Powell expressing a positive outlook on the current U.S. economic situation. - Improvement in U.S. consumer confidence. - The "Trump trade" remains strong. - Weakening of the yuan amid disappointment over China’s response to local government debt issues. Major Economic Indicators: - November 12: Germany’s October Consumer Price Index (CPI) - November 13: U.S. October Consumer Price Index (CPI) - November 14: U.S. October Producer Price Index (PPI) - November 15: Speech by Federal Reserve Chair Powell, Japan’s Q3 GDP, U.K. Q3 GDP, U.S. October Retail Sales EUR/USD Chart Analysis: With the lower support line breaking down, EUR/USD has retreated to the 1.07000 level. The chart indicates a break from the upward trend, suggesting that EUR/USD could further decline to the 1.04500 level. A bearish outlook is expected to persist in the short term.
Short
by shawntime_academy
Bitcoin’s Wild Ride: Will It Surge Back to $52K?Bitcoin has been trading in a range between $60,000 and $70,000. Here are the key scenarios: Bullish Breakout: If the price breaks out above the $71,000 to $73,000 resistance area, it would signal the end of the ranging movement. This breakout could lead to a continuation of the bullish trend. Bearish Breakdown: Conversely, if Bitcoin falls below the $58,000 to $60,000 support area: We might expect a bounce around the $52,000 level or even as low as $47,000.
Short
by Sgt_jerxxl
USDCHF Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in this analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)
Long
by ShahedZare