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Supportandresitance

Acrophobia? or climbing higher?Are you acrophobia? Hello everyone, the blossom of HSI is around the corner HSI:HSI D chart on HSI As mentioned before :-The next strong resistance will be the last Oct2024 Hi at 23241. How far to reach the ATH from today? from previous post as predicted it's not that far! We definitely be there this week! Look at the 4H chart PEPPERSTONE:HK50 MACD - bullish zone KDJ - Bullish BB - Index continue trading above BB midline and stay at upper BB channel. Today Trade Plan: Buy into support : 22500-22600 Sell at resistance : 23100 -23300 (the last Oct 2024 Hi - 23241) Look at the 1H chart. MACD formed GoldenCross again! KDJ also is at bullish green zone and at bullish level. BB : above upper BB 22630 - 22950 Lower BB : Today support level should be at 22500 (to continue the rally needs to stay above this level) Resistance : 23100-23300 Monitor the 1H,4H movement with confirmation using MACD & KDJ indicator. Set your tf, have your entry and exit plan! Pay attention to the Goldencross/DeadCross; practice makes perfect. Let's follow our own strategy and zen with 📙 and 🍵. Happy Trading everyone! Start to accumulate China & HKG for the potential upside for the year! HKEX:2801 HKEX:2800 HKEX:2823 ** Please Boost 🚀/LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea!**
PEPPERSTONE:HK50Long
by ChenQianYu
#XRPUSDT is testing key resistance—expecting a correction!📉 LONG BYBIT:XRPUSDT.P from $2.8320 🛡 Stop Loss: $2.8025 ⏱ Timeframe: 1H ✅ Overview: ➡️ BYBIT:XRPUSDT.P is showing strong bullish momentum after breaking out of the consolidation zone, supported by increasing volume and a breakout above 2.8301. ➡️ The price continues its upward movement, and the current accumulation suggests a possible further rally. ➡️ POC (Point of Control) at 2.4307 indicates a major liquidity level, making a deeper retracement unlikely in the short term. ⚡ Plan: ➡️ Long from 2.8320, considering the current trend and demand zone confirmation. ➡️ Stop Loss: 2.8025 to minimize risk in case of a false breakout. 🎯 TP Targets: 💎 TP1: 2.8720 – the first resistance level where partial profit-taking is recommended. 💎 TP2: 2.9220 – the next key level for securing the remaining position. 📢 BYBIT:XRPUSDT.P is showing strong buying interest, and as long as the trend remains bullish, further upside potential exists. 📢 Keep an eye on resistance reactions, as profit-taking by larger players could trigger local corrections. 📢 If 2.9220 is broken with confirmation, further movement toward 2.9670 is possible. 🚀 BYBIT:XRPUSDT.P remains in an uptrend — expecting TP targets to be reached!
Long
by MoriartyTrading
1
#ONDOUSDT – Key Moment: Further Drop or Reversal?BYBIT:ONDOUSDT.P is showing a bearish trend, trading below key resistance levels. The price is consolidating under $1.3010, indicating a potential continuation downward. Volume is increasing, confirming market interest. If the asset breaks below $1.2890, it could decline towards $1.2760 – $1.2723. 📉 SHORT BYBIT:ONDOUSDT.P from $1.2890 🛡 Stop Loss: $1.3010 ⏱ 1H Timeframe ✅ Overview: ➡️ BYBIT:ONDOUSDT.P is testing $1.2890, with potential for a breakdown. ➡️ Rising volume suggests increased trader activity. ➡️ A breakdown below $1.2890 could push price towards $1.2760 and lower. ⚡ Plan: ➡️ Breaking below $1.2890 opens room for further downside. ➡️ Entry at $1.2890, targets at $1.2845 – $1.2723. ➡️ Partial profit-taking recommended at $1.2845 – $1.2760. ➡️ If price moves above $1.3010, the setup is invalidated. 📍 Take Profit: 🎯 TP1: $1.2845 – first target. 💎 TP2: $1.2760 – strong support level. 🚀 TP3: $1.2723 – final profit target. 📢 Bearish confirmation requires a strong close below $1.2890. 📢 If price slows at $1.2845, partial profit-taking is recommended. 📢 A breakout above $1.3010 invalidates the setup. 🚀 BYBIT:ONDOUSDT.P is on the verge of a breakdown – expecting a move to $1.2723!
Short
by MoriartyTrading
#GALAUSDT is breaking resistance – expecting a moveBYBIT:GALAUSDT.P is trading near the key $0.02490 level, forming a consolidation zone before a potential breakout. Volume is increasing, and price is holding above POC $0.02255, confirming strong buyer activity. A breakout above $0.02495 could trigger an accelerated move toward $0.02520 – $0.02565. 📈 LONG BYBIT:GALAUSDT.P from $0.02495 🛡 Stop Loss: $0.02460 ⏱ 1H Timeframe ✅ Overview: ➡️ BYBIT:GALAUSDT.P is approaching $0.02495, a key resistance level. ➡️ Price remains above POC $0.02255, confirming strong buyer interest. ➡️ Increasing volume supports the potential bullish move. ⚡ Plan: 🔵 Holding above $0.02495 increases the chance of an uptrend. 🔵 Main support at $0.02460 – losing this level invalidates the setup. 🔵 Target zones – $0.02520, $0.02540, and $0.02565, where profit-taking is expected. 🎯 Take Profit: 💎TP1: $0.02520 – first profit-taking zone. 💎 TP2: $0.02540 – strong resistance level. 💎 TP3: $0.02565 – final upside target. 📢 Recommendations: ✅ Bullish confirmation requires a strong close above $0.02495. ✅ If price slows down at $0.02520, partial profit-taking is recommended. ✅ A drop below $0.02460 invalidates the setup. 🚀 BYBIT:GALAUSDT.P is breaking resistance – expecting a move to $0.02565! 📢 Holding above $0.02495 opens the door for further gains. Watch volume closely – if it weakens, price may consolidate. 📢 Entry above $0.02495, targets at $0.02520 – $0.02565. 📢 Partial profit-taking recommended at $0.02540. 📢 If price drops below $0.02460, the setup is invalidated. 📌 Strategy: Resistance Breakout + Profit Targeting at Key Levels.
Long
by MoriartyTrading
#TONUSDT is testing resistance – expecting a breakout!📈 LONG BYBIT:TONUSDT.P from $3.8920 🛡 Stop Loss: $3.8525 ⏱️ 1H Timeframe ✅ Overview: ➡️ BYBIT:TONUSDT.P is testing $3.8880 resistance, and a breakout could lead to further upside. ➡️ Price remains above POC $3.81, confirming strong buyer interest. ➡️ Rising volume supports the potential bullish move. ⚡️ Plan: ➡️ Bullish confirmation requires a strong close above $3.8920. ➡️ If price slows down at $3.9400, partial profit-taking is recommended. ➡️ A drop below $3.8525 invalidates the setup. 🎯 Take Profit: 💎 TP1: $3.9400 – first profit-taking zone. 💎 TP2: $3.9800 – final upside target. 📢 BYBIT:TONUSDT.P Holding above $3.8920 opens the door for further gains. Watch volume closely – if it weakens, price may consolidate. 📢 Partial profit-taking recommended at $3.9400. 📢 If price drops below $3.8525, the setup is invalidated 🚀 BYBIT:TONUSDT.P is testing resistance – expecting a breakout!
Long
by MoriartyTrading
#BAKEUSDT – Quick Trade: Fast Short Opportunity!BYBIT:BAKEUSDT.P is showing weakness after breaking below the $0.2310 zone and consolidating lower. Sellers are in control, price remains below POC $0.2524, and volume confirms bearish pressure. 👉 Key Takeaways: ⚡️ This is a fast trade – no waiting! The goal is to set the order, take profit, and exit quickly. ⚡️ Fast entry – confirmed breakdown below $0.2278. ⚡️ Tight stop-loss – set at $0.2376 to minimize risk. ⚡️ Quick target – $0.2158, where a bounce may occur. 📉 SHORT BYBIT:BAKEUSDT.P from $0.2278 🛡 Stop Loss: $0.2376 ⏱️ 1H Timeframe (Quick Trade!) ✅ Overview: ➡️ BYBIT:BAKEUSDT.P is trading below $0.2310, confirming buyer weakness. ➡️ Downward momentum remains strong, next support is at $0.2158. ➡️ This trade is designed for fast execution and exit at the target level. ⚡️ Plan: ➡️ Act fast – enter and exit without hesitation. ➡️ If price slows down before $0.2158, exit early. ➡️ Don’t chase the price – wait for a clean setup. 📍 Take Profit: 🎯 TP1: $0.2158 – exit zone. 📌 Don't chase – wait for clear execution! 📌 Strategy: Momentum + Quick Profit Target. 🚀 BYBIT:BAKEUSDT.P Breaking Support – Fast Short Opportunity!
Short
by MoriartyTrading
GOLD → Waiting for news. What next?OANDA:XAUUSD during the adjustment period, we are monitoring key risk zones from which the trend may continue or the correction could extend longer... The focus today is on the scheduled US CPI data release, which could provide new momentum for gold. Markets remain concerned about Trump's tariffs potentially triggering inflationary pressures, which could allow the Fed to maintain its hawkish stance. The US dollar strengthened significantly following speculation that the Fed will keep interest rates unchanged in the near future, putting pressure on gold prices for the second consecutive day on Wednesday. However, Trump also hinted at considering additional tariffs on goods, raising concerns about a global trade war and serving as a catalyst for this safe-haven precious metal. Gold's next movement depends on inflation data and Trump's tariff levels. If CPI exceeds forecasts, the dollar will strengthen and gold prices will decline. Conversely, weak data could support the metal's growth. Resistance levels: 2898, 2911, 2930 Support levels: 2880, 2870, 2855 From a technical perspective, breaking above the support level at 2880 indicates the market remains bullish and quite aggressive. If buyers maintain prices above 2880-2885, then in the short and medium term, we should expect prices to rise to 2930-2950. If gold breaks below 2880 and stays under this zone, market liquidation could occur and prices may fall to 2855, 2848, after which we can expect gold's growth to resume.
OANDA:XAUUSDLong
by Bentradegold
4
keep climbing after a short rest!TGIF everyone & Happy V day! HSI continue sending love 📦 & 💷 to who pay attention to it! HSI:HSI D chart on HSI The next strong resistance will be the last Oct2024 Hi at 23241. How far to reach the ATH from today? Estimated : 1061pts to go (~4.79%); is not that far! Expecting and allow some retreat a healthy pullback these two weeks. Look at the 4H chart PEPPERSTONE:HK50 MACD - now at bullish zone with inverted red histogram. KDJ - Bearish zone and likely to reverse. BB - Index continue trading above BB midline and stay at upper BB channel. Today Trade Plan: Buy into support : 21090-22000 Sell at resistance : 22230-22300 (trade range : 301pts; ~1.37%) Look at the 1H chart. MACD formed GoldenCross this morning. KDJ also is at bullish green zone and at bullish level (after yesterday pullback and reverse from oversold zone) BB : above upper BB 21930 - 22300 Lower BB : 21910 ( today support level should be at 21600) Resistance : 22200 (if breaks then to retest the next resistance at 22545 then 22770) Monitor the 1H,4H movement with confirmation using MACD & KDJ indicator. Set your tf, have your entry and exit plan! Pay attention to the Goldencross/DeadCross; practice makes perfect. Let's follow our own strategy and zen with 📙 and 🍵. Happy Trading everyone! Wishing everyone a good weekend ahead. ** Please Boost 🚀/LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea!**
PEPPERSTONE:HK50Long
by ChenQianYu
HSI continue to roars, bull take charge ahead! PEPPERSTONE:HK50 HSI:HSI Hello everyone good am! hope you made enough winning trades for the upcoming weekend. D chart on HSI MACD & KDJ both are at bullish zone. The next strong resistance will be the last Oct2024 Hi at 23241. with the positive news, this is likely to touch soon. www.tradingview.com Look at the 4H chart MACD - still on the bullish zone and supported with bullish green histogram. KDJ - Bullish zone , overbought zone. Cautious for a short pullback. BB - Moving above BB midline and ranging at upper BB channel and continue to arching up. Look at the 1H chart. MACD continue staying at bullish level (above zero line) KDJ - cautious for pullback (ranging between red and green zone but at overbought level) BB : above upper BB 21900-22200 Lower BB : 21530 ( today support level should be at 21800) Resistance : 22200 (if breaks then to retest the next resistance at 22500 and 22770) Today Trade Plan: Buy into support : 21800-21950 Sell at resistance : 22200 Monitor the 1H,4H movement with confirmation using MACD & KDJ indicator. Set your tf, have your entry and exit plan! Pay attention to the Goldencross/DeadCross; practice makes perfect. Let's follow our own strategy and zen with 📙 and 🍵. Happy Trading everyone! Wishing everyone a good weekend ahead. ** Please Boost 🚀/LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea!**
PEPPERSTONE:HK50Long
by ChenQianYu
continue to rise with news! PEPPERSTONE:HK50 HSI:HSI Hello everyone how was your trade yesterday? It was a healthy pullback and hope you managed to short it and make some profit. D chart on HSI The bullish continues, yesterday was a healthy pullback with 227pts -1.06% KDJ is now back to bullish zone. Correction : MACD already crossed above zero level. Look at the 4H chart MACD - still on the bullish zone but with reduced volume with inverted red histogram. Cautious for the pullback. KDJ - Bullish zone. BB - Ranging at upper BB channel and continue to arching up. Today Trade Plan: Buy into support : 21520-21550 Sell at resistance : 21815 (TP : 21758) 253 range for day trade is suffice to gain some pocket money. Look at the 1H chart. MACD is arching to bullish. KDJ also back into bullish green zone at overbought level (cautious for pullback) BB : above upper BB 21500-21750 Lower BB : 21259 (support level) Resistance : 21850 (if breaks then to retest the next resistance at 21975) Monitor the 1H,4H movement with confirmation using MACD & KDJ indicator. Set your tf, have your entry and exit plan! Pay attention to the Goldencross/DeadCross; practice makes perfect. Let's follow our own strategy and zen with 📙 and 🍵. Happy Trading everyone! Wishing everyone a good day with many winning trades ! ** Please Boost 🚀/LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea!**
PEPPERSTONE:HK50Long
by ChenQianYu
#APEUSDT remains bullish📈 LONG BYBIT:APEUSDT.P from $0.7715 🛡 Stop Loss: $0.7640 ⏱ 1H Timeframe ✅ Overview: ➡️ BYBIT:APEUSDT.P is showing strong upward momentum, breaking through resistance levels and heading toward a new liquidity zone. ➡️ POC (Point of Control) at $0.6958 – a key volume area that acted as an accumulation zone before this move. ➡️ The price has broken out of consolidation and is approaching $0.7820 – $0.7910, where resistance was previously observed. ⚡ Plan: ➡️ Enter long after a breakout above $0.7715, confirming the bullish movement. ➡️ Stop Loss at $0.7640 – placed below the nearest support level. 🎯 Take Profit Targets: 💎 TP 1: $0.7820 🔥 TP 2: $0.7910 🚀 BYBIT:APEUSDT.P remains bullish – expecting further upside movement! 📢 BYBIT:APEUSDT.P is showing strength but approaching key resistance levels. At $0.7820 – $0.7910, watch for price reaction. 📢 If volumes support the breakout, further growth is likely. 📢 However, partial profit-taking is a wise approach.
Long
by MoriartyTrading
#Bitcoin at a Crossroads: Is a Reversal or Just the Beginning?BYBIT:BTCUSDT.P is once again in the spotlight! The market is at a crossroads, and Bitcoin is deciding its next move. Recent weeks have shown volatility: sharp swings, battles for key levels, and attempts to hold critical zones. 💡 Key Metrics: ✔ Current Price: $95,472 ✔ ATH: $109,356 ✔ RSI: 45 – no clear overbought or oversold signals yet ✔ POC (Point of Control): $95,732 – we are near a major liquidity zone 🔥 What’s happening with #BTC? Bitcoin previously tested the $102,000 area, but sellers took control and pushed the price down. BYBIT:BTCUSDT.P is now trading at a strong support level with high liquidity, making this zone crucial for future movements. If BYBIT:BTCUSDT.P holds above $95,700, we could see a retest of $102,500 and higher. However, a breakdown below this level could lead to a move toward $92,000 or lower. 📉 Current Situation: ➡️ BYBIT:BTCUSDT.P continues testing the key $95,732 level, which serves as the POC (Point of Control) – the area with the highest liquidity and the most concentrated orders. ➡️ The price is consolidating at the lower boundary of the strong support zone $92,700 - $95,700. This level has held multiple times, but bearish pressure is increasing. ➡️ Resistance at $102,500 - $104,000 remains a crucial barrier for recovery. ⚡ Possible Scenarios: 📉 Bearish Scenario (Breakdown Below): 🔴 If BYBIT:BTCUSDT.P breaks and holds below $92,700, further downside movement is likely: ✅ Target 1: $88,000 – a previous area of strong buyer interest. ✅ Target 2: $84,500 – a critical support zone where a strong bounce may occur. ✅ If selling pressure continues, the next major support lies around $80,000. 📈 Bullish Scenario (Reversal Upwards): 🟢 If BYBIT:BTCUSDT.P holds above $95,700 and breaks $100,000, a strong upward impulse may follow: ✅ Target 1: $104,000 – the nearest key resistance. ✅ Target 2: $110,000 - $112,000 – an area where new local highs could be formed. ✅ A breakout above $115,000 would open the way for testing $120,000. 📌 Bitcoin is currently in a high-risk zone, where any move could trigger a strong breakout. 📌 For traders: Be cautious with short positions, as the $92,700 - $95,700 zone could induce a bounce. 📌 For long-term investors: Watch the price reaction at $92,700 – if this level holds, it may be a strong accumulation point. 📌 Risk Factor: If BYBIT:BTCUSDT.P breaks and consolidates below $92,700, bearish momentum could intensify, leading to further declines towards $88,000 and below. 🚀 # BYBIT:BTCUSDT.P is at a crossroads – be ready for a big move!
by MoriartyTrading
#AVAAIUSDT looks ready for further gains📈 LONG BYBIT:AVAAIUSDT.P from $0.05800 🛡 Stop Loss: $0.05170 ⏱ 1H Timeframe ✅ Overview: ➡️ BYBIT:AVAAIUSDT.P shows strong bullish momentum, breaking key resistance levels. ➡️ The price is holding above $0.05730, confirming buyer control. ➡️ Trading volumes are increasing, signaling rising market interest. ➡️ POC at $0.05189 acts as solid support, reinforcing the long scenario. ⚡ Plan: ➡️ Wait for a confirmed hold above $0.05800 before entering. ➡️ Stop-Loss at $0.05170 to minimize downside risk. ➡️ Main target $0.06938, with intermediate take profits at $0.06165 and $0.06640. 🎯 Take Profit Targets: 💎 TP1: $0.06165 🔥 TP2: $0.06640 🚀 TP3: $0.06938 📢 Monitor $0.05730 – a breakout above strengthens the bullish case. 📢 Volume increase supports upward movement, confirming buying interest. 📢 Risk management – closing the trade if $0.05170 is broken down. 🚀 BYBIT:AVAAIUSDT.P looks ready for further gains, expecting a move towards targets!
Long
by MoriartyTrading
Reversal bullish is happening! No more boozy dancePEPPERSTONE:HK50 HSI:HSI Hello everyone how was your trade since last update? HSI turned bullish as forecasted from chart during my holidays! Did you managed to gain some pocket money? I did with intermittent networks. Let's review the Index action from wider tf; for the upcoming bull run. 1W Chart For the week of 3 Feb 2025 the Index clocked a 1000pts +~5% gain. with this the W Chart had confirmed that the MACD formed GoldenCross with dark green histogram(with high volume) 19780 turned strong support level from resistance. 22760 the next resistance level to achieve and break the last Sept 2024 High. Cross-checked with broader tf chart - D chart. D chart on 27Jan2025 D chart today 11Feb2025 MACD break above zero level on 28Jan2025; confirming the Index turning bullish. The bullish continues since then till today! KDJ is now at bullish zone but overbought. MACD are still below zero level but seems arching and inching to break zero level to give confirmation of bullish. Look at the 4H chart There was a Golden cross formed on 3Feb2025 & 7Feb2025 (of course during these 4 days there was a slight adjustment on 5Feb2025 which probably the 🐳 flush retailers out). MACD - still on the bullish zone but with reduced volume with light green histogram. KDJ - Bullish zone with overbought zone above 80 level/ BB - Ranging at upper BB channel and continue to arching up. Look at the 1H chart. MACD is curving down (within bullish zone above zero level) KDJ is in the bearish red zone almost entering oversold level of 20; wait for bullish reversal. BB : crossed below middle line entering lower BB 21270 - 21470 Lower BB : 21265 (support level) For day trade: Same strategy, sell at resistance; buy/TP at support. Monitor the 1H,4H movement with confirmation using MACD & KDJ indicator. Set your tf, have your entry and exit plan! Get in the Golden cross and ride on the wave. Support : 21250 ( next support level 21090) Resistance : 21700 (if breaks then to retest the next resistance at 21955) It needs to be stay above 21540 to bbreak the next resistance. www.tradingview.com People sell on news. Here needs a healthy pullback, and markets continue its cycle. As a consistent and prudent traders, we should be Greedy when markets are fear. It is easier to say than doing it. Let's monitor the movement of the index and act accordingly and do not anticipate until we see confirmation from markets. Again, sticktoyourplan trade according to time frame and set TP/SL. Trading to make pocket money isn't that challenging and it can be boring and you can make it fun and zen with it. Let's follow our own strategy and zen with 📙 and 🍵. Happy Trading everyone! Wishing everyone a good prosperous year of 2025 with many winning trades!
PEPPERSTONE:HK50Long
by ChenQianYu
#MELANIAUSDT further bearish movement!📉 SHORT BYBIT:MELANIAUSDT.P from $1.420 🛡 Stop Loss: $1.440 ⏱ 1H Timeframe ✅ Overview: ➡️ BYBIT:MELANIAUSDT.P continues its bearish trend, failing multiple times to break above resistance $1.469. ➡️ POC at $1.469 indicates a strong liquidity zone, acting as resistance and reinforcing bearish pressure. ➡️ The price broke below $1.424, confirming further downside momentum. ➡️ The next key support level is $1.380, which is the primary target for this short setup. ⚡ Plan: 📉 Bearish Scenario: ➡️ Enter SHORT from $1.420 , as the price continues its decline. ➡️ Manage risk with Stop-Loss at $1.440 to protect against a potential reversal. ➡️ Main downside target: 🎯 TP Target: 💎 TP1: $1.380 — the nearest support level for profit-taking. 📢 If the price BYBIT:MELANIAUSDT.P remains below $1.424, the downtrend is likely to continue. 📢 However, a move back above $1.440 could invalidate the short setup. 🚀 BYBIT:MELANIAUSDT.P Expecting further bearish movement!
Short
by MoriartyTrading
#OMUSDT Expecting further upside momentum📈 LONG BYBIT:OMUSDT.P from $6.2310 🛡 Stop Loss: $6.1400 ⏱ 1H Timeframe ✅ Overview: ➡️ BYBIT:OMUSDT.P is showing strong bullish momentum after breaking above $6.1965, confirming buyer strength. ➡️ The price is now above a key level, which could act as a support for further movement upward. ➡️ The main target for this move is $6.4600, a significant resistance level. ➡️ POC at $5.8242 suggests that major liquidity was accumulated below, reinforcing the bullish outlook. ➡️ Increasing volume indicates strong buying pressure, which supports further upward continuation. ⚡ Plan: ➡️ Enter LONG from $6.2310 if the price holds above this level. ➡️ Risk management with Stop-Loss at $6.1400, to protect against false breakouts. ➡️ Main upside target: 🎯 TP Target: 💎 TP1: $6.4600 — key resistance zone for potential profit-taking. 🚀 BYBIT:OMUSDT.P Expecting further upside momentum! 📢 BYBIT:OMUSDT.P If the price stays above $6.2310, further upside towards $6.4600 is expected. 📢 However, if the price drops below $6.1400, a pullback or range-bound movement could occur.
Long
by MoriartyTrading
Gold is overbought.GOLD is in an upward channel. The indicators hint to overbought. The chart has created a harmonic pattern. We foresee a correction. ------------------- Share your thoughts in the comments section, and show your support by like the proposal. Thank you for your support! Trade Active GOLD is in an upward channel between the trendlines. The price is moving away from dynamic resistance and the channel's upper boundary. The chart has created a harmonic pattern. We expect XAUUSD to fall within the channel.
FX:XAUUSDShort
by NexusTradesZone
GOLD: Correction for potential accumulation.is growing during the week. The asset is performing well in the face of economic uncertainty and a dollar drop. After a minor modification, the train might go north again. Markets are keeping an eye on US-China trade talks, which are alleviating fears of a global trade war, as well as Trump's Middle East efforts, which are reducing demand for the US dollar as a safe-haven asset. Furthermore, a rising yen puts pressure on the US dollar, which supports gold. Investors are focused on Friday's NFP report, which may influence the Fed's future measures. Weekly jobless claims and Federal Reserve statements are also monitored. The market is quite aggressive on any radical action by Trump because this evaluation is tied to global concerns. Technically, the price is correcting to gather liquidity and potential for future gains. Below are some strong support levels that could send the price back. Support levels: 2845-2850 and 2830. Resistance levels: 2860, 2872, and 2882. Trade Active Gold is testing the previously defined support zone. The accent is on 2845-2840. If the bulls keep the defense above this zone, it is worth waiting for gains in the short-term. As part of the upward corrective, the price may test the 0.5-0.7 Fibo level, as well as the previously broken ascending channel barrier. There are no technical or fundamental grounds to break the trend; growth may continue despite a fake collapse. By Nexus Trades Zone
FX:XAUUSDLong
by NexusTradesZone
#BILLYUSDT expecting further decline!📉 SHORT BYBIT:BILLYUSDT.P from $0.00367 🛡 Stop Loss: $0.00390 ⏱ 1H Timeframe 📍 Overview: ➡️ BYBIT:BILLYUSDT.P continues to trend downward, forming new local lows. After retesting the $0.00387 zone, the price failed to hold and dropped again, confirming seller dominance. ➡️ POC (Point of Control) at $0.00475 shows the highest liquidity area, positioned above the current price. This confirms a bearish market sentiment, as major trading activity is still concentrated at higher levels. ➡️ A breakdown of support at $0.00367 strengthens the downtrend, opening the way toward $0.00336, where buyers previously showed interest. ➡️ If the price holds below $0.00367 , further downside movement is likely, with increasing sell pressure. ⚡ Plan: ➡️ Enter short after confirming a breakdown below $0.00367 , signaling further downside. ➡️ Risk management through Stop-Loss at $0.00390 , placed above the nearest resistance zone. ➡️ Primary downside target – $0.00336, where buyers may step in. 🎯 TP Targets: 💎 TP 1: $0.00336 🚀 BYBIT:BILLYUSDT.P remains weak — expecting further decline! 📢 BYBIT:BILLYUSDT.P remains in a strong downtrend with no signs of buyer recovery. If the $0.00367 level is broken with increasing volume, the decline may accelerate. 📢It's crucial to watch the reaction at $0.00336—if significant buying interest appears, a short-term bounce is possible. 📢However, in the long term, there are no clear reversal signals yet, and long positions should be approached with caution.
BShort
by MoriartyTrading