Technical Analysis for February 27, 2025: 1. Current Price Action: * NVDA saw a significant drop but found temporary support near $124.39, aligning with a key volume area. * A falling wedge pattern has formed, with a slight breakout attempt before a rejection at $130-$132. * Strong volume increase at the lows suggests buyers are stepping in. 2. Key Levels to Watch: * Support: $124.39 (Previous low) → Critical level; if broken, next major demand zones are $120 & $115. * Resistance: $130 - $132 (Point of Control - POC) → Needs a break for bullish continuation. * Upside Targets: $138.50, $141.50, $143.44 (Major resistance walls). 3. Indicators Analysis: * MACD: Bearish momentum but could reverse if volume increases. * Stoch RSI: Oversold; potential for a short-term bounce. * Volume Profile: Heavy resistance at $130-$132; low liquidity below $124 could accelerate downside. GEX & Option Strategy for Tomorrow and the Week: https://www.tradingview.com/x/Oc3emosu/ 1. Gamma Exposure (GEX) Insights: * Call Walls: $138.50, $143.44, $150 → Resistance areas; breaking these could trigger a gamma squeeze. * Put Walls: $120, $118, $115 → Key support zones where market makers may buy back short positions. 2. IV & Sentiment: * IVR: 59.4 (moderate) * IVx Avg: 87.1 (elevated) → High implied volatility favors option sellers. * Call Positioning: 16.9% bullish sentiment. * GEX Sentiment: Slightly bearish for now but could flip bullish above $132. 3. Trading Suggestions: * Bullish Setup: Long if NVDA reclaims $132; target $138-$143, stop $129. * Bearish Setup: Short if NVDA fails to hold $130; target $124-$120, stop $133. * Options Play: Selling put spreads at $120 support or call spreads near $143 resistance. ? My Thoughts & Suggestion: * NVDA is in a make-or-break zone at $130-$132; a strong break here could lead to a recovery toward $138-$143. * If market weakness continues, $124-$120 support could get tested. * Be cautious with options as IV is high, making premiums expensive. ⚠️ Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and manage your risk before trading. ?
as what i draft yesterday gold is still in its bearish momentum however have yet to reach the strong support level at 2877-2881
ONDO is a favorite cryptocurrency of many investors and traders alike. The entire crypto market has been dragged down since December after the massive gains from the "Trump election pump" caused many cryptos to go ballistic. However, the future looks bright for ONDO, as the current weekly chart suggests it's setting up for another leg up. Good luck, and always use a stop-loss!
SATS took Liquidity from previous daily swing low and went into consolidation for weeks… It’s currently showing signs of a Bullish move, after grabbing liquidity and Changing character… we could see a potential Buy pressure for a short while, and for SATS to flip completely Bullish, it has to break a major resistance zone
Smooth entry currently floating 100pip. Roll stops whatever yous do to manage? Again. If we do not meet $2930 before TP The long setup remains active. Looking at 2 entries. $2896/94 Stop loss $2889. Putting trust in the last low to hold. If we leave from this handle we will be smacking up $2980. LFG ?
I believe that this is the beginning of the bull run for XRP. I believe we are at bottom of the Chart going. Up The WizardOfRealms13
Gold broke below the lower trend line as expected, confirming a bearish move. Its first attempt to regain the lost support around $2,920 was rejected, showing continued selling pressure. For the sell-off to be considered over, gold must trade and hold above $2,928, ideally closing above $2,935–$2,940 to confirm strength. If it fails to reclaim this level, further downside toward $2,860 remains possible making low highs
Been making money with daily puts on Tesla.. But its getting close to reversal area.. We got 200 DMA near $274 (.699 reversal fib) where bull gap also starts down to $255. Its very good possibility it bounces off the 200 DMA above the gap... Let's see what happens
The current support point is 83,200/161.80%. If fails, Bitcoin will go down to 73,200/61.80% or a circled area with 0.786 fan line.
Flat opening expected in nifty. After opening important level to watch is 22500. If nifty starts trading below this level then sharp downside rally expected upto 22300 in opening session. Any upside move only expected if it's sustain above 22550 level. Upside 22750 level will act as a resistance for today's session.