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Support and Resistance

XLM Explodes +132% — Is the Party Over or Just Starting?XLM has been one of the top movers, sweeping the January 2025 swing high at $0.515 before stalling and moving sideways for the past 4 days. Is XLM gearing up for another push toward the highs, or is a correction imminent? Let’s dive into the details. 🧩 Market Structure & Fractal Pattern XLM skyrocketed +132% in just 13 days, mirroring the explosive move seen back in November 2024. If we apply the November fractal, the current price action suggests we could be setting up for an ABC corrective move. 📉 Key Levels & Confluences FVG Zone: ~$0.49–$0.50 — likely to be swept before any major move down. Monthly Support: $0.4142 Key Level / Liquidity Pool: $0.4056 — likely cluster of stop-losses. Anchored VWAP (from $0.2228 start of trend): currently near $0.4056, adding strong confluence. 1.0 Trend-Based Fib Extension (ABC projection): If price pushes to ~$0.49 to complete wave B, the projected 1.0 TBFE for wave C lands right on the $0.4056 key level + VWAP, creating a perfect confluence zone. ➡️ Conclusion: The $0.4142–$0.4056 zone is a critical support and liquidity area with multiple confluences lining up. Trade Setups 🔴 Short Setup: Entry zone: $0.48–$0.50 (ladder in) Stop-loss: Above $0.5166 (prior high) Take-profit: $0.4142–$0.4056 zone R:R ≈ 1:3 🟢 Long Setup: Entry zone: $0.4142–$0.4056 (preferably near VWAP) Stop-loss: Below $0.395 Take-profit: $0.44 ⚡ Final Thoughts Watch for a potential final push toward $0.49–$0.50 before a corrective wave unfolds. The confluence at the $0.4142–$0.4056 zone — including monthly/weekly levels, VWAP, liquidity pool, and the 1.0 TBFE target — makes it a key area for decision-making. Stay patient and wait for confirmation at these levels. Will post an update as things unfold! _________________________________ 💬 If you found this helpful, drop a like and comment! Want breakdowns of other charts? Leave your requests below.
Short
by SiDec
4
THE KOG REPORT - UpdateEnd of day update from us here at KOG: That was a difficult move to capture! I would not blame anyone for getting frustrated and FOMO'ing. Thankfully, we stuck to our guns, price was manipulated but our targets are completed as is the move we highlighted on Sundays KOG Report. I even say here and thought what on earth are they doing, but, we gave a level of 3318 as the line in the sand, we bounced before that and BOOM, all Excalibur targets completed in one go. Now, we have support below at the 3340-45 level which is where they may settle for the session, above 3340 we're still likely to see a retest of the level, however, we said there is a curveball this week, and look at what is happening. Can't remember the last time I saw price action this bad! Price: 3337 RED BOXES: Break above 3350 for 3355✅, 3362✅, 3370✅ and 3376✅ in extension of the move Break below 3335 for 3330✅, 3322✅, 3320✅ and 3314 in extension of the move As always, trade safe KOG
FX:XAUUSD
by KnightsofGold
16
Gold Eyes 3365 – Breakout or Rejection?GOLD | Technical Outlook Gold maintains bullish momentum as long as it trades above 3355, aiming to test the 3365 resistance level. However, signs of rejection at 3365 may emerge, especially if the 4H candle closes below this level. In that case, expect a period of sideways consolidation between 3365 and 3342. A confirmed 1H candle close above 3365 would signal bullish continuation toward 3373, with an extended target at 3395. Key Levels: • Pivot: 3355 • Resistance: 3365 / 3375 / 3395 • Support: 3342 / 3333 Outlook: • Bullish above 3355 • Breakout above 3365 confirms further upside • Rejection at 3365 may lead to short-term range-bound movement
OANDA:XAUUSDLong
by SroshMayi
DeGRAM | GOLD above the resistance level📊 Technical Analysis ● Bulls defended the channel base at 3 333, snapping the intraday falling wedge and reclaiming the broken trend-line; successive higher-lows since 17 Jul signal fresh upside momentum. ● A clean H1 close over the former pivot 3 355 flips the wedge crest into support and activates the measured-move target at the upper horizontal barrier 3 366, with the March swing cap 3 389 next. 💡 Fundamental Analysis ● Softer US jobless-claims trend and Fed speakers’ hints that “policy is restrictive enough” cooled two-year real yields, while PBoC’s June data showed net gold purchases for a fourth month—both underpinning spot demand. ✨ Summary Long 3 345-3 355; hold above 3 355 targets 3 366 → 3 389. Bias void on an H1 close beneath 3 333. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
FOREXCOM:XAUUSDLong
by DeGRAM
2
EURUSD Breakout Trade EUR/USD – Breakout Confirmation 🔹 Multi-Timeframe Bullish Setup by PULSETRADESFX EUR/USD is showing a strong bullish shift after breaking out of a well-defined descending channel. Price reacted perfectly from the demand zone and is now pushing above descending trendline resistance across the 2H chart. This signals early signs of trend reversal, backed by confluence across intraday and higher timeframes. The structure is clean, the R:R is healthy, and momentum favors bulls after multiple rejections at key support. --- ✅ Confluences Supporting the Long: Descending channel breakout (2H ) Triple demand zone rejection Break and close above minor resistance Clean bullish momentum candle Economic catalysts ahead (watch USD data releases 📅) 📅 July 18, 2025 📊 FOREX.com | EUR/USD (2H) #EURUSD #Forex #BreakoutTrade #BullishSetup #TechnicalAnalysis #TradingView #PULSETRADESFX
Long
by PULSETRADESFX
CADCHF Buying Opportunity after Strong Support CADCHF is currently respecting a strong support zone, indicating a potential bullish reversal pattern in development. The structure suggests that most of the downward pressure may be exhausted, and buyers could begin to take control. Price action shows signs of completing a doubt/uncertainty pattern, reinforcing the base formed at support. A strong resistance level lies near 0.59002. If the 4H candle closes above this level, it may confirm a breakout and open the door for further bullish momentum. You May find more details in the chart. Trade wisely best of Luck Buddies. PS: Support with like and comments for better analysis.
Long
by MrMartin_11
8
SPX500 Eyes Further Upside After Breaking to New HighSPX500 | Technical Overview The price continued its bullish momentum after stabilizing above the 6283 support level, as anticipated. It has since posted a new all-time high (ATH) and is currently aiming for the next key resistance at 6341. A confirmed breakout above this level may open the path toward 6393. On the downside, a break and sustained close below 6283 would shift the structure bearish in the short term, potentially targeting 6223. Pivot line: 6283 Resistance: 6341 – 6393 Support: 6247 – 6223 previous idea:
OANDA:SPX500USDLong
by SroshMayi
#PENGUUSDT #2h (ByBit) Broadening wedge breakdownPudgy Penguins printed an evening star then lost 50MA, seems to be heading towards 200MA support next. ⚡️⚡️ #PENGU/USDT ⚡️⚡️ Exchanges: ByBit USDT Signal Type: Regular (Short) Leverage: Isolated (2.5X) Amount: 5.0% Entry Targets: 1) 0.030830 Take-Profit Targets: 1) 0.021034 Stop Targets: 1) 0.035740 Published By: @Zblaba CSECY:PENGU BYBIT:PENGUUSDT.P #4h #PludgyPenguins #Meme pudgypenguins.com Risk/Reward= 1:2.0 Expected Profit= +79.4% Possible Loss= -39.8%
Short
by TradingOn
1
BTCUSDT Another correction and Bounce to topBTCUSDT strong support in the 1H timeframe, with quick rejection and recovery from the lower levels. This behaviour often signals stop-hunting activity, followed by a potential bullish reversal, suggesting accumulation by smart money. 📊 Key Technical Levels: Immediate Resistance: 118,500 A break and 1H candle close above 118,500 would be a bullish trigger. If price holds and builds above this level, we could see momentum towards: 120,000 / 122,000 / 124,000 (next potential targets) You May find more details in the chart. PS: Support with like and comments for more analysis Thanks for Supporting.
Long
by MrMartin_11
6
AMD LongKey Technical Insights: Clean Rejection from Demand Zone: Price recently tapped into a well-defined demand zone (highlighted green) around $152–$155. The immediate bounce suggests that buyers stepped in with strength, likely absorbing sell-side liquidity. Liquidity Grab Below Short-Term Lows: Before the move up, price dipped just enough to trigger stops below recent lows, clearing out weak hands. This kind of liquidity sweep is often used by smart money to build long positions before a directional push. Current Price Action: Price is consolidating just below a minor supply zone around $159–162. This pause is constructive: it signals that momentum may be building for a breakout higher. Upside Outlook (Based on Your Arrow) Your arrow points to a bullish breakout — and that aligns well with current price structure. Once supply near $161 is absorbed, price has a clear path to push toward the mid-160s and beyond. The current higher-timeframe trend supports continuation, and any short-term dip into the $155–156 range may offer re-entry opportunities.
NASDAQ:AMDLong
by ProSignalai
Will this stock skyrocket 500x to $700?Talk of the moment is tariffs and the impact they’ll have on business and individuals. Generally, nothing good. A zero sum game in WW opinion. For a future preview, see Brexit for details. American citizens have chosen to impose economic sanctions upon themselves just like Brexit voters. As a result importers will be required increase their paperwork, add fees to raw materials prior to entering the country, impose checks and pass those costs onto the consumer. A consumer that is already weighted down on auto debt. Ignoring the long term economic impacts one should appreciate the internal demand pressures from manufacturers now needed to replace expensive imports. In my opinion a number of businesses now exist to reap this demand. The smaller the better. “American Battery Technology” is one such business that stands to benefit from the surge in EV growth in the US. In particular on the topic of recycling. As tariffs take hold on the imports of raw material the recycling of old becomes an increasingly attractive alternative source. The TA: On the above 5 week chart price action has seen a 98% correction since January 2021. A number of reasons now exist for a bullish outlook, they include: 1) Price action and RSI resistance breakouts. 2) Regular bullish divergence, settings used the same as January 2020 impulsive wave. 3) Support on past resistance, look left. 4) No share splits since 2004, excellent. 5) Short interest 9%, after a recent 70% correction?! 6) The bull flag, should it confirm, forecasts a 50,000% move or 500x to $700 area by December 2026. That’s a market capital of $60b for the industry of car battery recycling. Still small potatoes. Is it possible price action continues to correct? Sure. Sellers, they love it. Is it probable? No. Ww Type: Investment Risk: You decide Timeframe for long entry: Now Stop loss: will say elsewhere Return: Lambo’s all round
NASDAQ:ABATLong
by without_worries
51
GBPJPY Large Reversal Pattern [Elliott Wave]Executive Summary: GBPJPY shaping a diagonal pattern. Large bearish reversal could push down to 184. Above 202.40 voids the pattern as labeled. I typically don't conduct Elliott wave analysis on cross pairs simply because they are the children of the two main currencies involved. GBPJPY is the child of GBPUSD and USDJPY. With that said, I still scroll through charts looking for compelling patterns and GBPJPY caught my attention. First, it's knocking on the door of 200...a nice round number. Secondly, the rally from 184 in April to now appears to be a very mature Elliott wave ending diagonal pattern . Diagonals shape in 5 waves. Remember, wave 3 cannot be the shortest of waves 1,3,5. Since wave 3 is shorter than wave 1, that means wave 5 cannot be longer than wave 3. So we simply measure out wave 3 and apply it to the end of wave 4, and, voila, we have a maximum target for wave 5 at 202.40 . That maximum target doesn't mean GBPJPY has to go that high, but this market is ripe for a large bearish turn. If GBPJPY does push above 202.40, then my wave labeling is incorrect. Ending diagonals tend to be fully retraced which implies a decline back to 184 ... 1500 pips from today's price. GBJPY may dance around in the 199 handle for a day or two. A break below 199 could be an early warning signal of the bearish reversal. A break below the blue support trend line helps confirm the pattern. If this bearish reversal takes hold, then GBPUSD or USDJPY likely experiences a large decline too.
Short
by JWagnerFXTrader
5 Proven Tricks to Trade Without FOMO After Missing Your TriggerYo traders! In this video, I’m breaking down what to do if you miss a trading trigger , so you can stay calm , avoid FOMO , and still catch the next move. We’re diving into five solid strategies to re-enter the market without losing your cool: Buy on the pullback zone. Buy with an engulfing candle after a pullback. Buy after breaking the resistance formed by the pullback. Buy after the second wave with an indecision candle. Buy after breaking a major resistance post-second wave, confirmed by RSI or momentum oscillators. These tips are all about keeping your trades smart and your head in the game. For more on indecision candles, check out this lesson . Wanna master breakout trading? Here’s the breakout trading guide . Drop your thoughts in the comments, boost if you vibe with it, and let’s grow together! 😎
SPREADEX:SPXEducation
by SkepticLab
1