Get started

Supportandresistancezones

F 5M Long Conservative Trend DayTrade Conservative Trend Trade + long impulse + SOS level + 1/2 correction + support level + biggest volume 2Sp+ Calculated affordable stop limit 1D T2 take profit 1H Trend "+ long impulse - before 1/2 correction + SOS test level" 1D Trend "- short impulse + exhaustion volume + volumed TE / T1 level + biggest volume 2Sp+ + test" 1M CounterTrend "- short impulse + 1/2 correction - unvolumed T1 + support level + reverse volume approach + volumed manipulation" 1Y Trend "+ long impulse + volumed T2 level + volumed 2Sp+ + weak test"
NYSE:FLong
by MishaSuvorov
SPY - support & resistant areas for today March 10, 2025The key support and resistance levels for SPY today are above. Follow me to get this notified when I publish in the morning. Understanding key levels in trading can provide valuable insights into potential market movements. These levels often indicate where prices might reverse or consolidate, serving as important signals for traders considering long (buy) or short (sell) positions. Calculated using complex mathematical models, these levels are tailored for today's trading session and may evolve as market conditions change. If you find this information beneficial and would like to receive these insights every morning at 9:30 AM, I invite you to support me by boosting this post and following me @OnePunchMan91. Your engagement is greatly valued! However, please note that if this post doesn’t receive more than 10 boosts, I will have to reconsider providing these daily updates. Thank you for your support!
AMEX:SPY
by OnePunchMan91
TESLA'S FALLI am seeing continuation to the downside of TESLA with all the market sentiment of Tariffs. TESLA has touched a previous order block as expected on the downward movement, closing with a support on the $252/255 area. I am awaiting 2 possible situations depending on Monday's ORB movement. 1- That TESLA will move up to the $384/382 area to retest Trendline and continue to liquidate orders down to the next order block which is in the range of $212/215 to commence a bounce to recovery. 2- Tesla will continue to drop from current range towards to the lowest order block to $212/215 for a bounce back. Looking forward to possible news to validate sentiments in order to make these moves happen. So far on prediction 23/0 so I am confident this is the markets intention for now.
NASDAQ:TSLAShort
by soymundo21
DUOL: mid-term trend structure Until price is holding above 13th Jan lows, my operative scenario is continuation of the upside momentum towards 420-450 resistance zone. Moving and holding above 450 level increases the probability of a continuation move towards higher resistance levels at 590+. Otherwise, until price holds bellow 450, there are significant odds of deeper correction in the mid-term before continuing macro uptrend My previous idea on NASDAQ:DUOL from Dec'23 topping actions: and update on break-out potential from Sep'24: Thank you for your attention!
NASDAQ:DUOLLong
by artemfedorov
SPY/S&P500: in the mid-term resistance zonePrice has approached the upper border of the mid-term resistance zone: 598-612. Until price closes bellow 612, I am preparing for the start of a correction to mid-term support: 564-540. If price moves confidently above 612, than next resistance target is at 635 level. The macro-structure of the uptrend from 2022 lows is well intact until price holds above 540 level and assumes higher targets for 2025 at 635-640-670 levels. I wish everyone Merry Christmas and successful and profitable 2025! Thank you for your attention.
AMEX:SPYShort
by artemfedorov
Bitcoin Butterfly Harmonic Pattern – Multi-Fibonacci Confluence!A potential Bullish Butterfly Harmonic Pattern is developing, with point D yet to be completed. If price action reaches the harmonic completion zone, it could present a high-probability long opportunity near a stacked Fibonacci confluence zone. The D-leg aligns beautifully with the 0.382 Fibonacci retracement of the entire 5-wave Elliott structure from the macro low at $15,476 to the all-time high of $109,588. A level that has acted as key support in the past. Multiple additional Fibonacci confirmations further strengthen this potential bullish reversal zone. Pattern Breakdown – Bullish Butterfly Formation The Butterfly Harmonic Pattern is a structured reversal setup, often forming at market extremes before trend shifts. 1️⃣ XA Leg – The initial impulse. 2️⃣ AB Leg – A retracement of 0.786 – 0.886 Fibonacci of XA. 3️⃣ BC Leg – A counter-trend move retracing 0.382 – 0.886 of AB. 4️⃣ CD Leg – The final move, typically extending 1.618 – 2.618 Fibonacci of XA. 📍 In this developing setup: ✅ B-point retraces 0.806 of XA → Butterfly pattern remains valid. ✅ C-point retraces 0.838 of AB → Strengthening structural alignment. ✅ D-leg projection target 1.695 XA extension, converging with multiple key Fibonacci levels. Fibonacci Confluence – Strong Potential Reversal Zone ($73,783.52 - $73,157) As price moves toward potential point D, multiple Fibonacci levels create a high-probability reversal area: 0.382 Fibonacci retracement of the entire 5-wave Elliott structure ($73,637.22) Negative -0.236 Fibonacci retracement at $73,251.43 Negative -0.618 Fibonacci retracement at $73,157 Trend-based Fibonacci Extension 1:1 at $73,783.52 📍 Potential Reversal Zone: Between $73,783.52 and $73,157 Trade Setup – Waiting for Confirmation Since point D has not completed yet, we should wait for bullish confirmation signals in the reversal zone before entering. Entry Zone (if price reaches D): Between $73,783.52 and $73,157 Stop Loss: Below $73,157 (D-point invalidation) Take Profit: B-point resistance Risk-to-Reward (R:R): 3:1 if TP at B-point ⚠️ Key Reminder: 🚨 The pattern is not confirmed yet. A reaction in the potential reversal zone (e.g., bullish divergences, strong buying pressure, or reversal candlesticks) would strengthen the case for a long position. Are you watching this level for a potential reaction? Will point D complete? Let’s discuss in the comments! 🚀🔥
Short
by SiDec
2
SPY - support & resistant areas for today March 7, 2025The key support and resistance levels for SPY today are provided above. Understanding these levels in trading can offer valuable insights into potential market movements. They often indicate where prices may reverse or consolidate, serving as important signals for traders considering long (buy) or short (sell) positions. These levels are calculated using complex mathematical models and are specifically tailored for today’s trading session. They may change as market conditions evolve. If you find this information helpful and would like to receive these insights every morning at 9:30 AM, I invite you to support me by boosting this post and following me @OnePunchMan91. Your engagement is greatly appreciated! However, please note that if this post does not receive more than 10 boosts, I will have to reconsider providing these daily updates. Thank you for your support!
AMEX:SPY
by OnePunchMan91
2
Bitcoin: Mastering the Art of Resistance and SupportBitcoin recently broke below a 105‐day trading range, anchored by the critical 90K level. After the breakdown, it found support around 80K, prompting a sharp rebound back toward the previous range. This rebound, however, was short‐lived: BTC tested 95K, then quickly retraced, only to rally again toward 90K, where it trades at present. Overview of BTC’s 105‐Day Range Break and Retest: Yearly Open at $93,576: This is the single most important level to watch. Price currently sits below the yearly open, suggesting that, for now, bears hold the upper hand. If bulls cannot reclaim this threshold, the yearly candle remains vulnerable to turning red. 90K–95K Resistance Zone: With Bitcoin failing to sustain gains above 95K, this band becomes a natural focal point for potential short entries. Bears are expected to defend this region aggressively. The question: Where do we go next? Let’s break down both the resistance (short setup) and an upcoming support zone (long setup), incorporating a variety of confluences—from volume profiles and trend lines to Fibonacci retracements and pitchfork alignments. 1. Resistance Analysis & Short Thesis 1.1. Double Top Target at $72,800 A double top pattern has formed, suggesting a measured‐move target near $72,800. While not a guaranteed endpoint, this target serves as an early directional clue. Price could still find support at higher levels, so we use this only as one piece of a larger puzzle. Double Top Pattern with $72,800 Target: 1.2. The 105‐Day Trading Range & Retest Bitcoin spent over 100 days ranging between roughly 90K and 105K. The downside break turned that prior range into a new resistance zone—specifically 90K–95K, with an even stronger cluster up to $96,418 (Point of Control from that range). Fixed Range Volume Profile: The POC (Point of Control) from this 105‐day period lies at $96,418.05, further extending our resistance zone. Price retesting anywhere between 90K and the POC around 96K sets up potential short entries. Fixed Range Volume Profile Showing POC at $96,418.05: Stop Loss Guidance: Given the possibility of wicks or “stop hunts,” a safer invalidation point sits above 98K. That buffer allows the trade room to breathe without prematurely stopping out on minor spikes. 1.3. Daily & Weekly Moving Averages In addition to the above factors, both the daily 21 EMA/SMA and the weekly 21 EMA/SMA are converging in the 90-92K region, acting as additional resistance. 1.4. Bearish Trend Line & Pitchfork Alignment Bearish Trend Line: Connecting the all‐time high at $109,588 and the swing high at $106,457.44 yields a downward sloping line. This trend line has already acted as resistance near 100K on February 21. Pitchfork (Modified Schiff): Anchoring from the all‐time high (109,588) to the swing low (97,777.77) and back up to 106,457.44 confirms the same bearish trajectory, aligning neatly with the trend line around 95K. Bearish Trend Line & Pitchfork Convergence Around 95K: 1.5. Monthly Order Block & Fibonacci Confluence Monthly Order Block: Spanning from the yearly open (93,576) up to the POC (~96,418), this monthly order block forms a substantial supply zone. Price often gravitates toward the median line of an order block, which sits near 94–95K. Fibonacci Retracement (0.786): From the swing high at 99,475 (Feb 21) down to the low at 78,258.52, the 0.786 retracement is at 94,934.67—almost exactly the median line of the monthly order block. Monthly Order Block, Median Line, and 0.786 Fib at ~94,934.67: When price rallies swiftly to the 0.786 for the first time, it often presents an ideal short entry—especially under a confluence of bearish signals: 2. Short Trade Setup: Laddering In & Out 2.1. Scaling In (Entries) We allocate $25,000 (from a $100,000 account) and ladder our entries from 89,736 up to 96,206: Short Trade Laddered Entries: Stop Loss: $97,560 (slightly below the higher “breathing room” area of 98K). Max Risk: Approximately $1,028.16 (about 4.11% of the GETTEX:25K position, or 1.03% of the $100k account). 2.2. Scaling Out (Exits) We plan to take profits in increments as price drops, aiming for an average exit around $79,822.10: Potential Profit: Approximately $3,704.16 on a $25,000 position, which is +14.82% (or +3.70% of the $100k account). Risk‐to‐Reward Ratio: 3.60, an attractive R:R for a swing trade. 3. Support Analysis & Long Thesis Having addressed the downside retest and short scenario, let’s turn to potential support where Bitcoin might reverse for a long trade. 3.1. Double Top Target & 5‐Wave Structure The double top projected target near $72,800 aligns with a broader Elliott Wave possibility, where BTC may have completed a 5‐wave structure from the low at $15,476 to the all‐time high at $109,588. A typical Fibonacci retracement of this 5‐wave move suggests the 0.382 level at $73,637.22, which sits near a notable swing high of $73,777—coincidence? 5‐Wave Structure & 0.382 Fib Retracement at ~$73,637: 3.2. Monthly Bullish Order Block & Further Fib Confluence Monthly Bullish Order Block: Located around $71,280, historically a place where buyers have stepped in. Fib Retracement (49K to 109K): The 0.618 retracement lands at $72,144.62, adding further confluence around the 72–73K zone. Taken together, we begin to see a support band forming between $73,777 and $71,280. Monthly Bullish Order Block & 0.618 Fib ~$72,144.62: 3.3. Fib Speed Fan & Bullish Trend Line Fib Speed Fan (0.7): On higher timeframes, the 0.7 fan lines up with the same 71–73K region if BTC dips this month. Bullish Trend Line: Connecting the lows at 49K and 52,550 also aligns with this zone, reinforcing the idea that a cluster of support awaits if price slides that far. Bullish Trend Line & Fib Speed Fan ~$71–73K: 3.4. Potential Long Trade Setup Entry Range: Ladder in from 76K down to 71K (or adjust according to personal risk appetite within that 73–71K zone). Stop Loss: Below 70K, providing sufficient buffer. Target: At least the monthly open ($84,350), or higher if momentum supports a stronger bounce. Risk‐to‐Reward (R:R): Aim for 2:1 or better, depending on exact entries and the final target. 4. Summary Short Trade: Resistance Zone: 90K–95K, extending up to $96,418 (POC) and with the daily/weekly 21 EMA/SMA acting as additional resistance in the 90-92K region, plus a stop‐hunt buffer above 98K. Laddered Entry: GETTEX:25K allocated, averaging around $93,706, with a stop near $97,560. Scaling Out: Average exit near $79,822, netting a +14.82% gain on the position (+3.70% on account). R:R: 3.60—solid for a swing setup. Long Trade: Support Zone: Between $73,777 and $71,280, with multiple Fibonacci and structural confluences. Laddered Entry: Potential DCA from around 76K down to 71K, with a stop under 70K. Target: At least $84,350 (monthly open), likely offering a 2:1 or better risk‐to‐reward. Sharp moves up or down have been the norm lately, often gravitating to the 0.786 fib retracement on each leg, so remain vigilant for sudden volatility. Ultimately, flexibility is key. If Bitcoin reclaims the yearly open at $93,576 and pushes decisively above 95–98K, the bearish case weakens. Conversely, a significant drop below 80K brings the deeper support zone near 73–71K into sharper focus. Always be prepared for shifts in market conditions—confirm each setup with multiple indicators and chart patterns before entering any trade. Stay up to date with evolving market dynamics and adjust your strategy accordingly. Happy trading! P.S. If you have any coin requests, feel free to share them in the comments. I will be selecting one or two for the next technical analysis.
Short
by SiDec
8
GBP/JPY Bullish Channel (07.3.25)The GBP/JPY pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent Formation of a Channel Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours. Possible Long Trade: Entry: Consider Entering A Long Position around Trendline Of The Pattern. Target Levels: 1st Resistance – 192.46 2nd Resistance – 193.40 🎁 Please hit the like button and 🎁 Leave a comment to support for My Post ! Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI_TA_TRADING Thank you.
Long
by KABHI_TA_TRADING
21
Price Reversal in Play: Key Levels and Targets to WatchAfter analyzing multiple timeframes, we can see that the price started trading within a large channel from Friday, 15th March 2024. The channel’s upper boundary acted as a strong resistance on Thursday, 31st October 2024, at 2790. Both the upper and lower boundaries of the channel have consistently functioned as key support and resistance levels. The price reached an all-time high (ATH) of 2955, where it struggled to break through the channel’s upper boundary. Given the historical respect for these channel lines, we now anticipate a potential reversal. The price has already started to turn around, and to confirm this reversal, we need to see a break below both the trendline and the support level. Once confirmed, your targets will be: • 1st Target: 23.60% (2867) • 2nd Target: 38.20% (2813) • 3rd Target: 50.00% (2770) • 4th Target: 61.80% (2726) Make sure to follow proper risk management. Happy Trading! Don’t forget to follow for more updates. 🚀
OANDA:XAUUSDShort
by SpicyPips
2
BTC/USD 1D Chart ReviewHello everyone, I invite you to review the current situation on BTC. When we enter the one-day interval, we can see how the BTC price is moving in the formed downtrend channel in which we are again approaching its upper limit. Here you can see how the current rebound has approached the resistance zone from $ 92,851 to $ 95,975, which the price cannot break through, only when we exit it upwards will the path open towards resistance at $ 99,903. Looking the other way, we can see that in the first place we have a significant support zone from $ 93,477 to $ 79,907, which currently manages to keep the price from larger declines. However, when the zone is broken, we can see the price going down to the level of $ 75,354. On the MACD indicator we can observe a fight to return to the upward trend in which we have a lot of room for price increases, while on the RSI indicator we are approaching the middle of the range which still gives room for growth, however, at this level we could previously see a reaction, which is something to watch out for.
BINANCE:BTCUSD
by cryptodailyuk
1
QQQ - support & resistant areas for today March 6, 2025Above are the key support and resistance levels for QQQ today. These levels can indicate where the price might reverse or consolidate and may signal potential long (buy) or short (sell) positions for traders. These levels are calculated using mathematical models and are relevant for today’s trading session. Please note that they 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 @OnePunchMan91. Your engagement is greatly appreciated! If this post does not receive more than 10 boosts, I may reconsider providing these daily updates. Thank you! Some Old charts we posted:
NASDAQ:QQQ
by OnePunchMan91
GBP/NZD Rounded Top (06.03.25)The GBP/NZD Pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Rounded Top Pattern. This suggests a shift in momentum towards the downside in the coming hours. Possible Short Trade: Entry: Consider Entering A Short Position around Trendline Of The Pattern. Target Levels: 1st Support – 2.2362 2nd Support – 2.2266 🎁 Please hit the like button and 🎁 Leave a comment to support for My Post ! Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI_TA_TRADING Thank you.
Short
by KABHI_TA_TRADING
5
Support & Resistance in Trading – Key Concepts & StrategiesSupport & Resistance in Trading – Key Concepts & Strategies 📌 What are Support & Resistance Levels? Support and resistance are fundamental concepts in **technical analysis** that help traders identify key price levels where an asset's price is likely to **reverse, consolidate, or break through. - **Support Level:** A price point where demand is strong enough to prevent further decline. When the price reaches support, buyers tend to step in, causing a bounce. - **Resistance Level:** A price point where selling pressure is strong enough to prevent further rise. When the price reaches resistance, sellers often push the price lower. --- **🔹 Why Are Support & Resistance Important?** 1️⃣ **Identifying Reversal Points:** These levels help traders anticipate where price might change direction. 2️⃣ **Entry & Exit Strategy:** Traders use them to plan buy/sell positions, stop-loss, and take-profit levels. 3️⃣ **Breakouts & Fakeouts:** If price breaks through a key level, it signals a strong trend; however, false breakouts (fakeouts) can also occur. 4️⃣ **Psychological Impact:** Many traders watch these levels, making them **self-fulfilling price zones**. --- **📊 How to Identify Support & Resistance?** - **Historical Price Action:** Look for levels where price previously reversed multiple times. - **Trendlines:** Draw diagonal trendlines connecting higher lows (for support) or lower highs (for resistance). - **Moving Averages (e.g., EMA50, EMA200):** Act as dynamic support/resistance. - **Fibonacci Levels:** Key retracement levels (38.2%, 50%, 61.8%) often act as support/resistance. - **Volume Analysis:** High volume near certain price levels indicates strong buying/selling pressure. --- **🔹 Trading Strategies Using Support & Resistance** **1️⃣ Range Trading Strategy** ✅ **Buy near support** and **sell near resistance** when the market is moving sideways. ✅ Stop-loss: Below support for buy trades, above resistance for sell trades. ✅ Best used in **range-bound markets** (no strong trend). **2️⃣ Breakout Trading Strategy** ✅ Enter a trade when price **breaks through a strong support or resistance** level. ✅ Confirm the breakout with **high volume** to avoid fakeouts. ✅ Stop-loss: Below the breakout level (for buy) or above (for sell). **3️⃣ Retest Trading Strategy (Break & Retest)** ✅ After a breakout, wait for price to **retest the previous support/resistance** before entering. ✅ Provides a better entry with lower risk. ✅ Stop-loss: Below the retested level (for buy) or above (for sell). --- **📌 Common Mistakes Traders Make** ❌ **Buying too close to resistance** or **selling too close to support** – wait for confirmation. ❌ **Ignoring fakeouts** – always check volume & price action before entering a breakout trade. ❌ **Not using stop-losses** – markets can be unpredictable, and risk management is key. --- **📈 Example in Real Market (Gold – XAU/USD Analysis)** - **Support:** $2,900 - **Resistance:** $2,950 - **Scenario 1 (Bullish Breakout):** If price **breaks above $2,950**, it could rally to $3,000. - **Scenario 2 (Bearish Rejection):** If price **fails to break $2,950 and drops below $2,900**, a pullback to $2,870 is possible. --- **🔹 Final Thoughts** Mastering support & resistance is essential for **both beginners and advanced traders**. By combining these levels with other indicators (EMA, RSI, volume), you can improve your trade accuracy and risk management.
OANDA:XAUUSDEducation
by TradingStar090
CHFJPY at Key Support Level - Potential Buy SetupOANDA:CHFJPY is at a significant demand zone that has consistently triggered bullish reversals in the past. This zone has previously acted as a strong support level and now as price tests this area again, it creates a potential opportunity for buyers to regain control. I expect the price to move toward 168.60. On the other hand, a break below this support could signal further downside. Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management.
Long
by TrendDiva
2
EURGBP at major support zone: Bullish Rebound ExpectedOANDA:EURGBP is approaching a significant support zone, highlighted by previous price reactions and strong buying interest. This area has historically acted as a key demand zone, increasing the likelihood of a bounce if buyers step in. The current market structure suggests that if the price confirms support within this zone, we could see a bullish reversal. A successful rebound could push the pair toward the 0.83350 level, a logical target based on past price behavior and structural confluence. Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management. Best of luck!
Long
by TrendDiva
3