Support and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) : Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum. Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
Tradespoon model generated long signal for Home Depot NYSE:HD . Predicted range: $381.87–$396.53. Trend: -0.73%. NYSE:HD
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Everyone’s talking about Trump's tweet about creating a crypto reserve, like it’s some game-changer for Bitcoin. But let’s be real—how long will this actually take? With all the red tape in the U.S. bureaucracy, we’re looking at at least 3 to 6 months before anything substantial happens. And by then, the market will have already moved on to a new narrative. We’ve Seen This Hype Before Remember two weeks ago when the whole market got excited about this? What happened next? Hype faded. Price dropped. Bitcoin fell all the way to $76K after that excitement wore off. It’s a cycle we’ve seen over and over again—hype pumps the market, smart money sells into it, and then reality kicks in. Bitcoin’s Bounce? Just a Technical Move Yeah, BTC bounced back up to $95K, but let’s not kid ourselves—it hit the weekly EMA200 resistance and immediately rejected. Then it slid down to $91.5K, and now it’s probably on its way back down to $80K or even $70K. Why? Because the market isn’t just about news—it’s about liquidity, gaps, and technical structure. CME Gap & Fair Value Gap Need to Be Filled The market doesn’t move in straight lines. There are still CME gaps and fair value gaps lingering below. These aren’t just random levels—they’re areas where price has unfinished business. The market loves to fill these voids before making the next major move. That’s why a deeper correction makes more sense than another rally at this point. So What?? Let me ask you this: So what if Trump actually follows through? By the time anything real happens, the market will have already moved, priced it in, and probably dumped again. The smart play isn’t to get caught in every hype cycle—it’s to watch the charts, understand liquidity zones, and trade what’s actually happening, not what might happen months down the line. Hype doesn’t dictate long-term price action. Smart money does. //////////////// So What ... is the "Next Stop"? Bitcoin is sitting around $91.5K, but the charts are flashing some clear signals—it might be time for a pullback. Let’s break it down step by step. Key Indicators Screaming "Caution" Upper Level of Bollinger Band & Donchian Channel → BTC is hitting resistance at these levels, meaning price is stretched to the upside and could reverse. RSI Above 60 (Overbought Zone) → Anything above 60 means BTC is entering overbought conditions, and historically, that’s where retracements tend to start. MACD Crossed Down → The momentum is shifting bearish. When MACD crosses down, it signals a weakening trend, increasing the chances of a drop. Fibonacci 0.618 Target: $84K? → If BTC follows classic Fibonacci retracement levels, the next probable target sits around $84K. This would be a healthy correction before any potential bounce. Trend Status? Still a Downtrend Even with short-term pumps, Bitcoin is still in a macro downtrend, and price is respecting it. As long as BTC keeps following this pattern, any bounce is just a temporary relief before the next drop. What’s Next? If BTC breaks below $91.5K, expect a move down to $84K as the next major retracement zone. If momentum continues bearish, we might even revisit $80K or lower in the coming days/weeks. Bottom Line Bitcoin is showing signs of exhaustion at these levels. The indicators are aligning for a retracement, and the downtrend is still in control. If history repeats itself, the next destination looks like $84K before we see what’s next. Let’s see how it plays out! Good luck guys??
1. Market Structure & Trend Analysis • The chart clearly shows a strong downtrend forming after a prolonged bullish run. • Multiple lower highs and lower lows confirm a bearish market structure. • The market has broken through key support zones, indicating sustained selling pressure. 2. Key Observations • Change of Character (ChoCH): • There are multiple ChoCH levels, signaling shifts in market sentiment. • The first ChoCH near the peak indicated the start of the downtrend. • The second ChoCH at a support break confirms the bearish continuation. • Liquidity Zones: • The price has entered a demand zone but has shown no strong reversal signs yet. • If buyers step in, a short-term relief bounce may occur. • However, failure to hold this zone could lead to a deeper price decline. • Volume Analysis: • Increasing bearish volume suggests that sellers are still in control. • Weak bullish attempts indicate a lack of buying strength. 3. Forecast & Scenarios Bearish Continuation (High Probability) • If the price stays below the recent support-turned-resistance, expect further downside. • Next potential support levels: • 21,800 - 22,000 region (psychological and technical support). • If broken, 21,500 - 21,600 becomes the next target. Short-term Relief Rally (Low Probability) • If bullish volume increases in the demand zone, a pullback towards 22,500 - 22,700 is possible. • However, strong resistance remains in this region, making it a potential shorting opportunity. 4. Trading Strategy • For Short Sellers: • Look for a pullback to resistance and enter short positions. • Stop-loss above 22,700 to manage risk. • Targets: 21,800, then 21,500. • For Long Traders: • Wait for strong bullish confirmation in the demand zone. • If price shows bullish engulfing candles + high volume, a short-term bounce trade is possible. Conclusion • Overall, the market remains bearish, and any bounces are likely to be short-lived unless major buying volume appears. • Traders should stay cautious and follow trend-based strategies rather than counter-trend trades. Final Outlook • Primary Bias: Bearish → Look for short opportunities on pullbacks. • Secondary Bias: Bullish only if price shows strong reversal near 21,800 - 21,900.
? Idea: The week started with a gap, and I expect a reaction in long. Entry after confirmation of rejection. ? Entry conditions: Rejection from the gap Confirmation on lower TFs (M15/H1) Take Profit 1: First high Take Profit 2: Slightly above the first high ? Target: Gap fill and continuation upward ⚠️ This is not financial advice. Always consider risk management!
Entry- 1200 (OR any dip till 1188) Support- 1150 (which is the hammer candle low) Target- 1300 Reason- A great reversal can be seen with a hammer candle in 4hr and a bullish engulfing in `1hr with 4hr RSI being oversold. Disclaimer- This is just for educational purpose please take advice from your own financial advisor before taking any decision. Jai Shree Ram.
Trump's latest tariff speech overshadowed the impact of signs of economic growth slowdown, boosted the US dollar, and caused gold prices to continue to fall. As of now, the lowest is around 2833. If tariff measures trigger a full-scale trade war, the global economy may fall into recession, and gold as a safe-haven asset will also be supported in the long term. However, as countries reach an agreement through negotiations to ease trade tensions, risk aversion may weaken, the support for gold prices will decline, and gold may fall further in the market outlook. Today, gold opened high, reaching a high of around 2876. It is currently in a state of shock. From a technical point of view, the gold market is currently in an extremely weak state in all cycles, especially the daily cycle has now fallen below the support point of the Bollinger middle track, and the K line has a large negative state. According to this state, gold has now turned from extremely strong to extremely weak. If it continues to fall, pay attention to the low point of last week near 2832, so at the beginning of this week, we need to pay attention to the continuity of the decline in the daily cycle. After three consecutive trading days of decline last week, the lower Bollinger band opened. Logically, this strength should continue. The current rebound is suppressed near 2880. As long as this suppression point is not broken, there is room for continued decline, but the current indicators are likely to diverge. In the short term, as long as the rebound exceeds 2880, there is still room for the Bollinger band to close. Specific operation idea: first follow the trend and finish the short position. Although it opened higher on Monday, we will prompt the short position around 2865-2875 on the weekend. There is also a 10-point profit in the morning. The current low has stopped rebounding around 2832, which shows that this position still has certain support. At the beginning of this week, you can rely on this position to see the rebound. If it does not break 2880, it is still necessary to go short first. If it does not break 2880, you still have to go short first. Friends who have entered my bottom article have all obtained wrong profits as long as they follow my trading signals. If you want to receive detailed trading signals, you can move your fingers and join my bottom article to make making money a matter of course!
The EURJPY pair is showing promising signs of upward momentum as it holds above key support levels. With improving risk sentiment, potential monetary policy shifts, and favorable technical patterns, the pair could be setting up for a steady climb. In this analysis, we’ll examine critical levels, trend indicators, and macro drivers that could fuel further upside in EURJPY. Could this be the start of a bullish phase? Let’s explore! Disclaimer: Trading involves risk, and this analysis is for educational purposes only. Traders should perform their own due diligence and risk assessment before executing any trades.
OANDA:NZDUSD is retesting the breakout after last week's rise. If price maintains 0.55682, buyers should keep 0.56143 in mind for entry. 0.55834 for stops and 0.57734 for target. Join our community for more valuable market insights https://t.me/+AI_RB2SrJ5cyNTg0