Buyers and Sellers Squaring Off Between Monthly Support and Resistance Monthly resistance from 109.33 was a technical headwind I monitored on the US Dollar Index for a while, and so far, it has not disappointed me. The said resistance welcomed moderate selling in February, and although the combination of the 107.35 high (October 2023) and 106.52 high (April 2024) could offer monthly support (see two red arrows), I am also watching the ‘local’ descending monthly support as a potential downside objective, taken from the noted high of 107.35. Daily AB=CD Support Holds Firm Meanwhile, price action on the daily timeframe reveals the Index rebounded from an area made up of ‘AB=CD support’ between the 1.272% Fibonacci projection ratio at 105.77 and a 100% projection ratio of 106.65. It is common for AB=CD traders to target the 38.2% and 61.8% Fibonacci retracement ratios that are derived from legs A-D, which, in this case, rest at 107.70 and 108.64, respectively. You may also note that the 38.2% Fibonacci retracement ratio shares chart space closely with resistance from 107.77. In addition, short-term flow on the H1 timeframe witnessed price rebound from support at 107.24 and shake hands with resistance at 107.61, a 61.8% Fibonacci retracement ratio that unites with trendline support-turned-resistance, taken from the low of 106.57. Daily/H1 Resistances in Focus Given possible monthly support in play from between 106.52 and 107.35, together with daily price manoeuvring from AB=CD support at 105.77-106.65 to within striking distance of resistance at 107.77 and H1 price connecting with resistance around 107.61, this is a thorny market to trade right now and hinges on how price behaves at the aforementioned daily/H1 resistances. Engulfing the noted resistances unearths a possible bullish scenario to the 50-day simple moving average at 108.00, followed by a potential move towards the 61.8% Fibonacci retracement ratio at 108.64 on the daily chart. On the other hand, should bears take control of the current resistances, I would look for the unit to retest (and eventually consume) H1 support at 107.24 to potentially target H1 support at 106.75 (located just north of the daily AB=CD support zone). Written by FP Markets Market Analyst Aaron Hill
Hello Traders ? ? Further Decline Expected in Bitcoin! 1. Current Market Situation: ✅ Bitcoin is currently trading at $84,975. ✅ The price has dropped from the $100,000 - $110,000 resistance zone. ✅ It has tested the $84,000 - $85,000 support zone, but there is a high chance of further decline. 2. Key Levels to Watch: ? Breakdown Level: $78,953 → A break below this could lead to further downside. ? Target Level: $69,978 → A strong support zone. ? Retracement Zone: $85,000 → If price gets rejected here, it could be a sell opportunity. 3. Possible Trading Strategy: ? Sell Entry: • If Bitcoin closes below $78,953, a short trade opportunity arises. • Confirmation: Strong red candle or rejection from resistance. ? Target Levels: • First Target: $75,000 (nearest support). • Second Target: $69,978 (major support). ❌ Stop Loss: • If entering a short position at $78,953 breakdown, an ideal stop loss is between $82,000 - $83,000. • Avoid placing a tight stop loss at $85,000, as fake breakouts can happen. ⚠️ Risk Management: • If Bitcoin moves above $85,000 and holds, it could attempt to go bullish again. • Large traders might target buying near $70,000 for a potential bounce. Conclusion: ✅ Bitcoin is showing bearish momentum and could drop further if $78,953 support breaks. ✅ A price decline towards $69,978 is likely in the coming days. ✅ Use a stop loss of $82,000 - $83,000 to avoid getting trapped in fake breakouts. ? Always follow risk management and wait for market confirmation before entering trades! #Bitcoin #CryptoTrading #BTCUpdate
Baddy dears friends ?? (GPBJPY) trading signals technical analysis satup?? I think now (GBPJPY) ready for( BUY )trade ( GBPJPY ) BUY zone ( TRADE SATUP) ?? ENTRY POINT (189.400) to (189.500) ? FIRST TP (189.800)? 2ND TARGET (190.100) ? LAST TARGET (190.400) ? STOP LOOS (189.100)❌ Tachincal analysis satup Fallow risk management
https://www.tradingview.com/x/9QwyoG0h/ 1. Price Action & Trend Analysis The NIFTY Futures has been in a strong downtrend since October 2024, with lower highs and lower lows. A black downward trendline is clearly acting as a dynamic resistance, rejecting price multiple times. 2. Gann Fan Analysis: The Gann fan lines are visible, providing different angles of support and resistance. The key Gann angles to watch: 1/1 Line (Steep Downtrend Line): The price is trending below this, indicating a strong bearish trend. 2/1 and 3/1 Lines: These are acting as resistance levels, confirming the selling pressure. If price moves above the 1/1 Gann line, a potential reversal could be seen, but as of now, it remains below the bearish zone. 3. Volume & Market Sentiment Latest Volume: 9.18M, which is relatively lower compared to 1 week ago (30.2M) but higher than the previous day (7.25M). This suggests decreasing participation in the downtrend, which could indicate potential consolidation before the next move. 4. Key Support & Resistance Levels Support Zones: 22,200-22,400: Current support based on Fibonacci & previous price action. 21,600-21,800: Next strong demand zone if selling continues. 20,800-21,000: Long-term support (historical demand zone). Resistance Zones: 23,407-23,500: First resistance (Fib 0.382 & Gann fan level). 23,800-24,000: Major resistance (Fib 0.618, Gann fan rejection area). 24,500-24,760: Strongest resistance (Fib 0.75 + supply zone). 5. Conclusion & Trading Strategy Bearish Bias: The market remains in a strong downtrend. Possible Short Setup: If price breaks below 22,200, the next target would be 21,600. Bullish Reversal Above 23,500: A move above this level could shift momentum toward 23,800-24,000.
Mehr Bombast und epischere Sci-Fi geht nicht: Heute Abend kommt ein Film im TV, der nicht mit Schauwerten geizt, die Fans aber trotzdem sehr gespalten hat.
WhatsApp kennt und nutzt heute fast jeder, der ein Handy hat. Zwar gibt es mit Signal, Telegram und Co. viele Alternativen, doch nie hat sich hierzulande eine gegen WhatsApp durchgesetzt. Und nun folgt die nächste Abschaltung. Das Aus eines Wegbereiters, der es selbst in der Hand hatte. Der Beitrag Aus für WhatsApp-Konkurrenten: Der nächste Messenger verschwindet erschien zuerst auf inside digital.
Das neue iPhone 16e ist das günstigste Smartphone in Apples Line-Up. Allerdings fehlen dem Handy einige Features – das solltet ihr vor dem Kauf unbedingt wissen.
Warum eigentlich für Netflix, Amazon Prime Video und Co. zahlen, wenn man genügend Filme auch gratis in den Mediatheken von ARD und ZDF findet? So auch diesen internationalen Horrorthriller aus dem Jahr 2020 mit einem echten „Game of Thrones“-Star. Wer „The Owners“ online beim ZDF sehen will, muss allerdings eine Kleinigkeit beachten. Vorab gibt es aber schon mal oben einen Blick in den Trailer.
STARKE GEGENREAKTION! CRYPTOCAP:BTC auf dem Daily Chart. Wichtig war hier ein Tagesclose über den 84K, was wir sehr knapp (84.070) erreicht haben. Gut möglich das sich Bitcoin hier die nächsten Wochen stabilisiert und wir genug Kraft haben um nochmal die ATH zu testen. Aber auch ein Retest auf das alte ATH bei knapp 73K ist immer noch denkbar. Allerdings sehen wir auch auf dem MACD das das negative Momentum wieder abnimmt, sollten wir hier ein Cross bekommen, könnte das darauf hindeuten das wir schnell wieder in den 90 K-100 K Regionen landen. Trotz allem gilt es einen Blick auf Makroökonomische Daten zu werfen und ganz genau zu beobachten was in den USA passiert. Wir traden jetzt nicht mehr den Markt sondern Trump. Für Alle die in den 100K Regionen eingestiegen sind, es kann nochmal gut ausgehen sollte aber eine deutliche Warnung sein, welche Rücksetzer uns in Zukunft noch erwarten werden! Ein schönes Wochenende! #BTC #crypto
Die Sandwich-Methode wird eure Outfits für immer ins Positive verändern – und das Beste: Sie ist so einfach anzuwenden und kostet nichts!