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Support and Resistance

Alikze »» GRT | Wave 3 or rising C scenario - 1W🔍 Technical analysis: Wave 3 or C scenario in the ascending channel - the target of the previous major ceiling - 1W - In the previously presented analysis , a bearish flag pattern was observed, after which the BINANCE:GRTUSDT currency entered a correction phase, which was completed by the size of the correction flag bar in the Buyer Zone box. - As can be seen, the weekly and daily timeframe is moving in an upward channel. - Currently, a descending channel has been formed inside the ascending channel, the descending flag pattern has been completed in the Buyer Zone. - Now, according to the current momentum, it can touch the neck line area in the first step. 💎 In addition, an AB=CD pattern has been formed, and the above modification is a response to the mentioned pattern. - So it can include a motivational wave in the form of wave 3 or bigger C, which can crown the previous major ceiling. ⚠️ Note: It should be noted that if the bottom area is touched before, the ascending scenario will be invalidated and must be updated again.⚠️ »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»««« BINANCE:GRTUSDT
Long
by alikze
18
BCHUSD: Key Level for Bullish MomentumHello, COINBASE:BCHUSD has experienced a notable drop, but for further upward momentum, it’s crucial to see a cross and sustained hold above the 1M Pivot Point (PP), with the price maintaining a stable position above this level. If this occurs, further upside potential is likely. Despite the recent decline, the long-term outlook remains bullish. However, a significant number of sellers are entering the market, speculating that the downtrend may persist. No Nonsense. Just Really Good Market Insights. Leave a Boost TradeWithTheTrend3344
COINBASE:BCHUSD
by TradeWithTheTrend3344
BTC/USD Tests Support Amid Downside PressureHello, BITSTAMP:BTCUSD has closed below the 1W/1D Pivot Point (PP), signaling potential for further downside movement. However, the 1M support structure has held firm, causing the price to rebound sharply. For confirmation of continued downside, the price must breach and close below the 1D strong support at 93367.875. If this level holds, there could still be potential for a bullish reversal. No Nonsense. Just Really Good Market Insights. Leave a Boost TradeWithTheTrend3344
BITSTAMP:BTCUSD
by TradeWithTheTrend3344
DOGE reng?🚀 Uptrend Breakout Zone The chart shows a strong bullish breakout above the resistance level of $0.20812 and a retest of the support trendline. The upward move reached $0.38664, forming a new high. 📈 🔻 Correction Phase A sharp drop from the $0.38664 level indicates profit-taking or potential bearish divergence. The price is approaching the highlighted $0.20357 zone, marked as a key support area. 🔴 📉 Short-term Bearish Trend If the price breaks below $0.20357, further declines toward $0.11664 are possible. Traders should watch for a bullish signal (e.g., green candles) at these levels. 🛑 💡 Long-term Prediction A potential cup-and-handle pattern formation is visible, suggesting a gradual recovery and a bullish reversal back toward $0.38823. 📈 Look for a breakout above this resistance level for confirmation. 📢 Trading Signals ✅ Buy Zone: Near $0.20357, if bullish candles appear. Target: $0.33000 to $0.38823. ❌ Sell Signal: If price closes below $0.20357, target lower support at $0.11664. 🚀 Long-term Buy: After a confirmed breakout above $0.38823. 📊 Risk Management: Use stop-loss orders to protect against unexpected moves below key levels. ⛔
COINBASE:DOGEUSD
by ahmadarz
TradeCityPro | SUIUSDT The Best Coin of the Week?👋 Welcome to TradeCityPro Channel! Let’s dive into the analysis of SUI, a coin that has recently caught significant attention for its impressive performance. Despite being a young coin listed in mid-2023, SUI has managed to climb to the 15th rank in the market. 🌐 Overview Bitcoin As always, we begin by analyzing Bitcoin. On the 1-hour timeframe, after rejecting and setting a new ATH at $108,230, Bitcoin has entered a downtrend, which appears to have ended at $92,400. However, the market is at a critical decision point. If Bitcoin fails to hold above $96,277 and breaks $99,079, a bullish continuation can be expected, proving this decline was merely corrective. Otherwise, breaking below $96,277 could signal shorting opportunities. Yet, caution is advised—secure profits quickly and avoid greed. Bitcoin dominance, which has recently attracted much attention, saw a pullback to the 60% resistance level. This move, accompanied by market corrections, led to larger declines for altcoins, indicating the need for Bitcoin dominance to form lower highs—a shift that may be underway. 🕵️‍♂️ Previous Analysis we had identified a PRZ area, and after breaking the 3.4295 support, it reacted to this zone. Following the rebound, it reached the resistance level we had previously identified at 4.7422. Currently, it is fluctuating just below this resistance. 📊 Weekly Timeframe On the weekly timeframe, SUI has shown remarkable bullish momentum. After breaking the $1 resistance, it rallied toward $5 and currently trades at $4.5468. The coin experienced strong volume inflows, maintaining RSI in the overbought zone for weeks. Yet, a breakout above 84.09 could justify additional entries. If this week’s candle closes green, it will highlight strong buyer activity, reinforcing SUI’s exceptional performance amid market corrections. For those who entered at $1 or $1.76, transferring assets to DeFi platforms could be a wise move for leveraging SUI’s growth. Using Fibonacci retracement, we identified potential future targets at $5.73, $14.56, and $23.83, depending on market cap movements. 📈 Daily Timeframe On the daily timeframe, after breaking the $1.0273 range, SUI initiated its primary uptrend, forming new resistances and continuing upward. Yesterday’s daily candle confirmed strong buying interest, showcasing the coin’s superior recovery compared to others in the market. Even now, an entry with a stop-loss at $3.1340 could be considered for high-risk buyers. Volume data also clearly indicates significant inflows. Key support levels align with Fibonacci retracements, with $2.3716 being the most crucial level—serving as both a 0.382 Fibonacci level and a previously broken resistance turned support. ⏱ 4-Hour Timeframe On the 4-hour timeframe, after the Fed meeting and Powell's speech caused market declines, SUI quickly rebounded from the $3.5013 support level, showing a sharp recovery back toward its highs. 📈 Long Position Trigger: breaking $4.7955 offers an ideal entry point, with orders placed above resistance due to potential whale activity. Ensure a wide stop-loss to avoid being stopped out by volatility. 📉 Short Position Trigger: while I wouldn’t short SUI personally, breaking $4.345 could justify a position with a tight stop-loss. Regardless, secure profits quickly to mitigate the risk of rapid reversals. 🔗 Chart: 4H SUI Chart 💡 BTC Pair Insight Against BTC, SUI is one of the most bullish pairs in the market. While most coins show red candles against Bitcoin, SUI strives to close green. If it breaks the 0.00004306 resistance and RSI confirms above 74.98, a strong upward trend could follow, benefiting both BTC and USDT pairs. 🌞 Conclusion SUI stands out as a strong contender this week, displaying exceptional resilience and bullish momentum. With clear triggers for both long and short positions, the coin offers opportunities for strategic trading. Ensure careful risk management and stay prepared for rapid market shifts. 📝 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
86
52 Week High Breakout - Positional Trade - Long TermDisclaimer: I am not a Sebi registered adviser. This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser. 52 Week Breakout. Stock has Crossed 52 week High. Keep in watch list. Buy above the high. Suitable for Positional Trade. Stop loss & Target Shown on Chart. Stop loss Trail by 30 SMA. Exit if Price Close below 30 SMA on Weekly Chart. Be Discipline because discipline is the Key to Success in the STOCK Market. Trade What you see not what you Think.
NSE:360ONE
by AnsariTV
Darvas Box Strategy - Break out Stock - Swing TradeDisclaimer: I am Not SEBI Registered adviser, please take advise from your financial adviser before investing in any stocks. Idea here shared is for education purpose only. Stock has given break out. Buy above high. Keep this stock in watch list. Buy above the High and do not forget to keep stop loss, best suitable for swing trading. Target and Stop loss Shown on Chart. Risk to Reward Ratio/ Target Ratio 1:2 Stop loss can be Trail when it make new box / Swing. Be Discipline, because discipline is the key to Success in Stock Market. Trade what you See Not what you Think.
NSE:COROMANDEL
by AnsariTV