$BTC.X 1D Timeframe Targets & Analysis Same chart I posted using the monthly timeframe last week on the 1D to show some added details.
we are retracing on weekly to weekly fairvaluegap which leaves us good chance to take sells before long term buys , no news today so smooth sailing down (bearish) looks good
Optimal Trading Zones for Buying and Selling Recommended Selling Zones: Primary Selling Zone: 48,950 – 49,050 Secondary Selling Zone: 48,900 – 48,666 When the price reaches these levels, it's a good opportunity to consider selling, as these are areas where the price is likely to face resistance. By selling in these zones, you can capitalize on potential reversals or a decrease in price momentum. Recommended Buying Zones: Primary Buying Zone: 48,550 – 48,450 Secondary Buying Zone: 48,250 – 48,350 When the price dips to these levels, it’s ideal to enter the market on the buy side. These zones are likely to act as support levels, where price may rebound or stabilize. Entering trades at these points helps manage risk and maximize potential for upward movement. By positioning yourself within these zones, you can trade with a more favorable risk-to-reward ratio. Always make sure to assess the market trend, volume, and any other relevant indicators before executing trades. Let me know if you need any further details or refinements!
$RAY/USDT chart shows a key retest of the breakout zone, which previously acted as resistance and is now a crucial support level. A successful bounce could confirm bullish continuation, while a breakdown may lead to further downside. Additionally, the Stochastic RSI is signaling a bullish crossover at oversold levels, indicating potential upward momentum. If buyers hold this zone, RAY could see a strong rally. DYOR, NFA
Current Market Structure: ETH/USD has been consolidating within a well-defined range since early February. The support zone is around $2,400 - $2,450, while the resistance zone is between $2,800 - $2,900. A clear downtrend line from previous highs suggests an overall bearish bias, but price has not yet broken out of the range. Possible Scenarios: 1. Bullish Breakout Above $2,900: If ETH/USD breaks and closes above this resistance, it could signal continuation of bullish momentum towards $3,000+. Buyers would likely step in aggressively, aiming for $3,200-$3,400, aligning with previous structural highs. 2. Bearish Breakdown Below $2,400: A breakdown below this key support level would confirm a bearish continuation, targeting $2,200 - $2,000. A high-volume sell-off could even push ETH/USD toward the $1,800 psychological level. 3. Continued Range-Bound Movement: If neither side breaks decisively, ETH/USD is likely to continue oscillating between these levels. Traders can fade the range (buy support, sell resistance) until a breakout occurs. Key Levels to Watch: Breakout Confirmation: Above $2,900 with strong volume. Breakdown Confirmation: Below $2,400 with increased selling pressure. Rejection Signals: Wicks or false breakouts at key levels could indicate fake moves. Final Thoughts: A breakout from the range zone will dictate ETH’s next major move. Traders should wait for confirmation before positioning heavily. Volume and market sentiment will be key indicators of the breakout’s strength.
NYSE:JNJ has reached a significant resistance zone, marked by prior price rejections and strong selling pressure. This area has historically acted as a key supply zone, indicating the potential for a pullback if sellers regain control. The current market structure suggests that if the price confirms a rejection from this resistance zone, there is a high likelihood of a downward move. I anticipate that if rejection occurs, the market may head lower toward the 155.00 level, which represents a logical target within the current market structure. This setup reflects the potential for a retracement after an impulsive move, supported by the confluence of previous price behavior and the current structure. If you agree with this analysis or have additional insights, feel free to share your thoughts in the comments!
Microsoft has sputtered for months, and now some traders may see downside risk. The first pattern on today’s chart is the pair of bearish gaps after earnings. The software giant rebounded quickly in November, returning above its 21-day exponential moving average (EMA) and 200-day simple moving average (SMA). Contrast that with January 30’s drop, when prices stayed under both moving averages. That session’s opening price around $418.77 has also emerged as resistance this month. Second, the 50-day SMA is nearing a potential “death cross” below the 200-day SMA. That’s a potentially bearish long-term signal. MACD has been negative and the 8-day EMA is below the 21-day EMA. Those are potentially bearish short-term signals. Next, the stock has been trying to hold the November lows around $405. But if that level breaks, the August low under $386 may come into play. Finally, MSFT has traded an average of 463,000 options contracts per day in the last month. (It’s the eight most active underlier in the S&P 500 in that time, according to TradeStation data.) That may create opportunity for options traders to position for a potential move toward the 52-week low. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com/DisclosureOptions . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com/Important-Information/ . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. Options trading is not suitable for all investors. Your TradeStation Securities’ account application to trade options will be considered and approved or disapproved based on all relevant factors, including your trading experience. See www.TradeStation.com/DisclosureOptions . Visit www.TradeStation.com/Pricing for full details on the costs and fees associated with options. Margin trading involves risks, and it is important that you fully understand those risks before trading on margin. The Margin Disclosure Statement outlines many of those risks, including that you can lose more funds than you deposit in your margin account; your brokerage firm can force the sale of securities in your account; your brokerage firm can sell your securities without contacting you; and you are not entitled to an extension of time on a margin call. Review the Margin Disclosure Statement at www.TradeStation.com/DisclosureMargin . TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com/DisclosureTSCompanies for further important information explaining what this means.
The GBP/USD Pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Wedge Breakout 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 – 1.2567 2nd Support – 1.2515 ? 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.
2.24 Gold Price Daily Strategy Disclosure Gold's trend today is completely in line with the low-long expectations. The current decline and long-term thinking remains unchanged. Today's bottoming rebound is strong. Currently, the US market and the Asian market are combined to hit the previous high again. Support below 2935, 2920 According to the strength of the callback, the upper side gradually probes 2955, 2965, 2980! Operation suggestion: Continue to go long in the 2935-2940 range, stop loss 2925 Target: 2955, 2962!
I still think we're heading low , more especially since price is failling to move above the imbalance area and the trend on the higher time frame still shows more bearish movement.