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Support and Resistance

ChainLink (LINK) Bulls Eye $18 as Supertrend Flips Green📈 Market Structure & Trend Overview • Price is holding a clear ascending trendline, acting as dynamic support. • The recent bounce from Support 1 at $14.93 indicates that bulls are defending this level aggressively. • Price is now approaching the mid-zone between support and resistance with bullish momentum resuming. 🧠 Supertrend Indicator Analysis • The Supertrend is flipping bullish, or recently has, placing the green band below the current price, which confirms the initiation of a buy signal. • The last bearish wave was rejected near Support 1, and since the Supertrend held as support, it further validates a long bias. • Supertrend aligning with the trendline and support level adds multi-layered confirmation to this setup. ✅ Trade Setup (Long) • Entry: $15.96 (current market price at time of analysis) • Stop Loss: $14.80 (just below Support 1 and trendline structure) • Take Profit: $18.00 (previous swing high and resistance zone) • Risk-to-Reward Ratio (RRR): ~1:1.54 • Time Horizon: 2 to 7 days for target to be achieved 📌 Key Technical Highlights • Support 1 ($14.93): Tested and held multiple times, confirmed by Supertrend flip. • Support 2 ($13.24): Deeper fallback zone; breach would invalidate bullish bias. • Resistance ($18.00): Swing high and Fibonacci alignment, making it a strong TP zone. • Supertrend: Currently bullish; enhances trade confidence with trend-following confirmation.
Long
by SupertradeOfficial
JSW Energy trying to gain some energy and momentum.JSW Energy Ltd. engages in the business of power generation. It operates through the following business segments: Power Generation, Power Transmission, and Power Trading. The company was founded by Om Prakash Jindal on March 10, 1994 and is headquartered in Mumbai, India. JSW Energy Ltd. Closing price is 497.4. The positive aspects of the company are Annual Net Profits improving for last 2 years, Consistent Highest Return Stocks over Five Years and MFs increased their shareholding last quarter. The Negative aspects of the company are high Valuation (P.E. = 45.2), Stocks Underperforming their Industry Price Change in the Quarter, Increasing Trend in Non-Core Income, Companies with Increasing Debt, Promoter decreasing their shareholding and Companies with high market cap, lower public shareholding. Entry can be taken after closing above 507 Historical Resistance in the stock will be 528, 547 and 567. PEAK Historic Resistance in the stock will be 583 and 625. Stop loss in the stock should be maintained at Closing below 475 or 440 depending upon your risk taking ability. Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock or index. The Techno-Funda analysis is based on data that is more than 3 months old. Supports and Resistances are determined by historic past peaks and Valley in the chart. Many other indicators and patterns like EMA, RSI, MACD, Volumes, Fibonacci, parallel channel etc. use historic data which is 3 months or older cyclical points. There is no guarantee they will work in future as markets are highly volatile and swings in prices are also due to macro and micro factors based on actions taken by the company as well as region and global events. Equity investment is subject to risks. I or my clients or family members might have positions in the stocks that we mention in our educational posts. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message. Do consult your investment advisor before taking any financial decisions. Stop losses should be an important part of any investment in equity.
NSE:JSWENERGY
by Happy_Candles_Investment
MSumi Wiring trying to wire up to old levelsMotherson Sumi Wiring India Ltd. engages in the manufacture and sale of wire harnesses, components, and wires to automotive original equipment manufacturers. The company was founded on July 2, 2020 and is headquartered in Mumbai, India. Motherson Sumi Wiring India Ltd. Closing price is 59.35. The positive aspects of the company are Stocks Outperforming their Industry Price Change in the Quarter, Companies with Zero Promoter Pledge, Companies with Low Debt and FII / FPI or Institutions increasing their shareholding. The Negative aspects of the company are high Valuation (P.E. = 43.1), Increasing Trend in Non-Core Income, Declining Net Cash Flow : Companies not able to generate net cash, Companies with growing costs YoY for long term projects and MFs decreased their shareholding last quarter. Entry can be taken after closing above 60 Historical Resistance in the stock will be 62.3 and 66.2. PEAK Historic Resistance in the stock will be 69.6 and 72.7. Stop loss in the stock should be maintained at Closing below 55.3 or 53.9 depending upon your risk taking ability. Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock or index. The Techno-Funda analysis is based on data that is more than 3 months old. Supports and Resistances are determined by historic past peaks and Valley in the chart. Many other indicators and patterns like EMA, RSI, MACD, Volumes, Fibonacci, parallel channel etc. use historic data which is 3 months or older cyclical points. There is no guarantee they will work in future as markets are highly volatile and swings in prices are also due to macro and micro factors based on actions taken by the company as well as region and global events. Equity investment is subject to risks. I or my clients or family members might have positions in the stocks that we mention in our educational posts. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message. Do consult your investment advisor before taking any financial decisions. Stop losses should be an important part of any investment in equity.
NSE:MSUMILong
by Happy_Candles_Investment
Nifty feeling pressure, unable to sustain above 25K levels.Nifty not able to sustain levels above 25K is not a good news. Nifty has to sustain above 25094 level on daily and 25208 on weekly closing for further upward move. Market is not showing confidence due to daily tariff related news coming for global Power house US. So Volatility will remain for a while till everything falls in place. Right now Nifty is resting near trend line support levels of 24731. If 24731 is broken Bears can drag Nifty towards 24469, 24067 (Mother line Support), 23899 or even 23637 (Father line support). If Nifty can sustain above 25094 then there is a possibility for up move towards 25208 or even 25446 levels. Things are delicately poised right now and proper Bear Vs Bull Tussle is going on. Shadow of the candle is neutral to negative but any positive news on global front can change the tide in favour of Bulls. Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock or index. The Techno-Funda analysis is based on data that is more than 3 months old. Supports and Resistances are determined by historic past peaks and Valley in the chart. Many other indicators and patterns like EMA, RSI, MACD, Volumes, Fibonacci, parallel channel etc. use historic data which is 3 months or older cyclical points. There is no guarantee they will work in future as markets are highly volatile and swings in prices are also due to macro and micro factors based on actions taken by the company as well as region and global events. Equity investment is subject to risks. I or my clients or family members might have positions in the stocks that we mention in our educational posts. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message. Do consult your investment advisor before taking any financial decisions. Stop losses should be an important part of any investment in equity.
NSE:NIFTY
by Happy_Candles_Investment
3300 becomes the dividing line between long and short positions🗞News side: 1. The situation in the Middle East and between Russia and Ukraine has escalated again 2. Pay attention to the opening of US stocks today 📈Technical aspects: Good morning, bros. Gold is currently testing the important support of 3300. Once it falls below 3300, it can be officially confirmed that the correction trend is coming. Today's opening of the U.S. stock market is critical. If the U.S. stock market opens higher, it is very likely to pull down gold prices. The stable operation suggestion for the day is to go long when it retreats to 3295-3290, and then rely on the upper side of the previous low point for protection, that is, look at the vicinity of 3325-3330. If it encounters resistance and pressure near 3330-3340, you can consider entering a short position and continue to be bearish. At present, the first focus below is the support of 3290-3280. If it continues to fall, it may touch the 3266 line. If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices. OANDA:XAUUSD FX:XAUUSD TVC:GOLD FXOPEN:XAUUSD FOREXCOM:XAUUSD
OANDA:XAUUSDShort
by AllenBoswell
DeGRAM | ETHUSD kept the support📊 Technical Analysis ● ETH retested the old wedge roof (~2 450) and the new rising‑trendline in one touch, confirming them as support and printing a higher low. ● Price is climbing inside a fresh ascending channel; a mini bull‑flag above 2 600 targets the next horizontal resistance/supply at 2 886‑3 083. 💡 Fundamental Analysis ● CME Ether futures open‑interest topped $1.6 B while US spot‑ETH ETFs saw net inflows this week, signalling broader institutional accumulation as softer US CPI dents real yields. ✨ Summary Confluent support at 2 450‑2 600 plus record futures/ETF demand back a tactical long: objectives 2 886 → 3 083; manage risk on a 16 h close below 2 450. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Long
by DeGRAM
1
DeGRAM | BTCUSD held the $ 107k level📊 Technical Analysis ● After clearing the Feb-Apr supply (105.7 k-108 k), price has twice retested it as support, printing successive higher-low wicks and locking the purple trend-line as a launch pad. ● The advance is tracking the mid-line of a rising channel; the swing structure sketches a fresh ascending triangle whose projection aligns with the red 114–115 k ceiling at the channel roof. 💡 Fundamental Analysis ● BTC spot ETFs absorbed another ≈4 600 BTC this week while CME open-interest hit a 6-week high, signalling renewed institutional accumulation despite softer US data and a retreating DXY. ✨ Summary Buy 106-109 k on pull-backs; triangle break above 111.5 k targets 114 k then 115 k. Bull view invalidated on a daily close beneath 105 k. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
Long
by DeGRAM
1
GBPJPY - Expecting Bullish Continuation In The Short TermH1 - Strong bullish move. Higher highs on the moving averages of the MACD. No opposite signs. Expecting further continuation higher until the two Fibonacci support zones hold. If you enjoy this idea, don’t forget to LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍! Drop your thoughts and charts below to keep the discussion going. Your support helps keep this content free and reach more people! 🚀 -------------------------------------------------------------------------------------------------------------------- Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Long
by VladimirRibakov
Am I the only one who still insists that gold will fall back? 💡Message Strategy The dollar rebounded strongly, and gold fell under pressure The primary driver of the gold price decline this time was the sudden strength of the dollar. After a brief correction, the US dollar index rebounded strongly, reaching a high of 99.40, with a daily increase of 0.4%, which is expected to be the best performance in the past two weeks. Since gold is denominated in US dollars, the appreciation of the US dollar directly weakened the attractiveness of gold to holders of other currencies, leading to an intensification of market selling. US fiscal crisis + interest rate expectations, gold bulls suffered a double blow In addition to the strengthening of the US dollar, the uncertainty of the US fiscal outlook also makes investors cautious. Although the market is worried that the US government debt may further expand (or increase by another $3.8 trillion in the next decade), it has not stimulated safe-haven buying of gold in the short term. On the contrary, the market is more concerned about the Fed's interest rate policy. The recent speeches of Fed officials tend to be hawkish. At present, traders generally bet that the Fed may restart interest rate cuts after September, but before that, gold may continue to be under pressure due to the high interest rate environment. 📊Technical aspects 1. The daily line lost the lifeline, and the lifeline was used as a downward pressure to find the lower track of the pattern 2. The four-hour pattern opened downward, indicating a wave of large-volume decline 3. The double lines of the hourly chart turned from support to resistance, suppressing further decline 4. In the large channel range, determine the upper track position of the channel, re-suppress the decline to find the lower track position of the channel, with a space range of about 200-300 US dollars As shown in the figure: the middle track of the small blue channel line and the yellow large channel overlap the 3350 mark The price fell below the middle track of the small blue channel. As time goes by, the price position reaches 3320-3330, which happens to be the pressure of the 3350 mark area and the position along the large channel line. We are still looking at the action of holding high and breaking low, and the price will suppress the 3350 mark and fall below the lower track position of the channel at 3320 area. 💰 Strategy Package Short Position：3320-3330,3340-3350
TVC:GOLDShort
by TheodoreGwc
2
Gold is about to clarify its trend direction 📊Technical aspects 1. The double-line position of the hourly chart is now in the 3290-3310 area. After the price fell below the double line, it used the lower track of the double line (purple trend line) as suppression and continued to fall and break the low Then after breaking through the double line, it turned into support, especially after breaking through the repeatedly suppressed purple trend line position 3250, forming an accelerated sprint, and the space amplitude exceeded 100 US dollars Then the purple trend line position, as the space switching line position, the subsequent space breakthrough will achieve at least 100 US dollars of space switching 2. The four-hour lifeline position is now at 3320. Due to the price surge After the high, there was no increase in volume and acceleration of the rise, but a continuous rise and fall. The four-hour pattern also began to close. The lifeline position is the dividing line. The double-line lower track and the pattern lower track are superimposed in the 3283 area. Special attention should be paid to it. Together with the 3270 position of the hourly chart, it will become the space switching point for the subsequent market. 3. Interestingly, the daily lifeline position is in the 3285 range, which is also the low point of the second half of last week and the final support point determined by the retracement. Multiple supports are superimposed here, which means that the subsequent price can fall below this point and realize the space switching. 💰 Strategy Package Short Position：3340-3350
TVC:GOLDShort
by TheodoreGwc
1
Trading Signal for EUR/USD buy above 1.1335 or sell below 1.1418Early in the American session, the euro is trading around 1.1342, undergoing a technical correction after reaching a high of 1.1418 during the European session. The euro reached price levels seen at the end of April, and we believe it could continue to fall in the coming hours, REACHING THE 21sma at 1.1335. On the H4 chart, we can see that the euro has formed an uptrend channel since May 11. It is likely that after a technical correction, EUR/USD could rebound around 1.1335, which will be seen as a buying opportunity with targets at the 7/8 Murry level at 1.1418.
by CEO-PREMIUM-ANALYSIS
12