BNBUSD / TRADING BETWEEN TURNING LEVEL SUPPORT LEVEL - 4HBNBUSD / 4H TIME FRAME
The overall trend is downward , until trading below turning level at 526.4 .
the current technical indicators suggest that BNBUSD is facing downward pressure as long as the price remains below 526.4. This level acts as a resistance, preventing any significant upward movement. The continued decline towards 502.1 is supported by bearish momentum, which is likely to persist if the price stays under 526.4.
If a 4-hour candle closes below 502.1, it would confirm the strength of the downtrend, potentially driving the price down further to 472.0. This level could serve as a key support, but if broken, it may lead to a deeper decline.
Conversely, if the price breaks above 526.4 and stabilizes, it would indicate a shift in momentum, favoring a potential upward movement. The next targets would be 544.9 and 556.6, where 556.6 acts as a significant resistance. To confirm a true uptrend, breaking and holding above 556.6 would be crucial, as it would signal strong bullish sentiment and a possible continuation of the upward trajectory.
KEY LEVELS :
TURNING LEVEL : 526.4 .
RESISTANCE LEVELS : 544.9 , 556.6 .
SUPPORT LEVELS : 502.1 , 472.0 .
Channeltrend
NAS100USD / UNDER BEARISH MOMENTUM - 4HNAS100USD / 4H TIME FRAME
The overall trend is downward , until trading below turning level at 19,105 .
The expectation of a decline when prices remain below 19,105 is based on technical analysis principles, where key support and resistance levels play a crucial role in predicting price movements. When prices fail to break above a resistance level like 19,105, it often indicates a lack of bullish momentum, leading to a potential drop towards the next support level, which is identified as 18,699.
If the price falls below 18,699, this would likely trigger further selling pressure, pushing the price down to 18,351. This is because breaking a key support level often leads to an acceleration of the downward trend as traders and investors react to the breach.
On the other hand, if the price manages to close above 19,105, especially on a 4-hour or 1-hour chart, it suggests a possible shift in market sentiment. This close above resistance would signal that the bulls are regaining control, and the price could then move upward towards the next resistance levels at 19,538 and 19,906. This scenario reflects the importance of monitoring key levels and timeframes to anticipate potential trend reversals.
KEY LEVELS :
TURNING LEVEL : 19,105 .
RESISTANCE LEVELS : 19,538 , 19,906 .
SUPPORT LEVELS : 18,699 , 18,351 .
GOLD / REMAIN BELOW TURNING LEVEL AT 2,507$ - 4H XAUUSD / 4H TIME FRAME
The overall trend is downward , until trading below turning level at 2,507$ .
As mentioned yesterday, if prices remain below the pivot point at 2,507$, a decline towards 2,474$ is anticipated, which could yield a profit.
Currently, prices are again trading below 2,507$, with an expected range between 2,491$ and 2,507$. A break on either side will determine the direction. As long as prices stay below 2,507$, they are likely to revisit 2,474$ and 2,472$ . If these levels are broken and prices remain below, further declines toward 2,459$ are expected.
However, if the price breaks above 2,507$ and a 4-hour candle closes above this level, it suggests a potential rise toward 2,519$ .
KEY LEVELS :
TURNING LEVEL : 2,507$ .
RESISTANCE LEVELS : 2,519$ , 2,531$ .
SUPPORT LEVELS : 2,472$ , 2,459$ .
USOIL / STILL CONTINUES A DOWNTREND - 4HUSOIL / 4H TIME FRAME
The overall trend is downward , until trading below turning level at 71.85 .
The significant decline in USOIL prices yesterday suggests a bearish momentum, which aligns with the observed price action falling below the critical level of 71.85. This indicates a continuation of the downward trend, making the next support level at 69.81 a logical target. If prices break this support, it would likely trigger further selling pressure, leading to declines toward 68.46 and 66.85, which are key levels of interest based on previous market behavior.
On the other hand, for a reversal to the upside, the price needs to break back above 71.85, which currently serves as a turning point. Breaching this level would signal a potential shift in market sentiment, opening the way to test the resistance at 74.24. If the price stabilizes above this resistance, it would reinforce the bullish case, paving the way for further gains toward 76.21 and eventually 77.51.
KEY LEVELS :
TURNING LEVEL : 71.85 .
RESISTANCE LEVELS : 74.24 , 76.21 , 77.51 .
SUPPORT LEVELS : 69.81 , 68.46 , 66.85 .
BTCUSDT / TRADING BELOW TURNING LEVEL - 4HBTCUSDT
HELLO TRADERS
The overall trend remains downward as long as trading stays below the turning level of 60.838 .
Currently, prices are below this level, suggesting a potential decline towards the first support level at 57.147 . If a 4-hour candle closes below this support, further declines are expected, targeting the second support level at 54.727 .
For prices to increase, the turning level must be broken and stabilized above, which could lead to a rise towards the first resistance level at 63.586 , and potentially further to 65.727 .
KEY LEVELS :
Turning Level : 60.838 .
Resistance Levels : 63.586 , 65.760
Support Levels : 57.147 , 54.727
Nvidia - The -60% correction is starting!NASDAQ:NVDA is showing us multiple confluences which will lead to a massive move lower.
Be greedy when others are fearful and fearful when others are greedy. But on Nvidia we cannot be fearful yet - so far, the smaller timeframes are still bullish. Everything makes me believe though that we will see a significant move lower soon: Nvidia is retesting massive channel resistance, repeated the previous bullish cycles and is preparing for the next correction cycle!
Levels to watch: $120, $50
Keep your long term vision,
Philip - BasicTrading
USOIL / TRADING BELOW FVG AREA - 4HUSOIL / 4H TIME FRAME
The overall trend is downward , until trading below FVG .
As long as prices stay below the turning level of 74.78, a decline is expected, potentially reaching the support level (1) at 73.03, and then 71.51.
However, if prices break above the turning level and close a 4-hour candle above it, the trend may shift upward, with potential to reach the resistance level at 76.18. Breaking this resistance could lead to further gains, targeting 77.52.
KEY LEVELS :
TURNING LEVEL : 74.78
RESISTANCE LEVELS : 76.18 , 77.52
SUPPORT LEVELS :73.03 , 71.51
NAS100USD / TRADING BELOW TURNING LEVEL - 4H NAS100USD / 4H TIME FRAME
Tendency , prices is under downward pressure , until trading below turning level at 19,550
Downward Condition : The price is currently under downward pressure, and this trend is expected to persist as long as it remains below the turning level at 19,550 . This indicates a potential decline toward the support level (1) at 19,164 . Should a 4-hour candle close below this support, it would signal increased bearish momentum, likely resulting in a further drop toward the next support level (2) at 18,751. This scenario underscores the importance of monitoring these levels closely, as staying below the turning level could lead to continued weakness in the market.
Upward Condition : For an upward trend to establish itself and target the resistance level (1) at 19,908 , prices must first break through the turning level at 19,550 . This breakout is a crucial indicator of potential upward momentum. To further validate this movement, prices should stabilize above the resistance level (1) , which would set the stage for reaching the resistance level (2) at 20,218. However, if prices encounter the first resistance level but fail to break through and stabilize, it suggests that the upward momentum may be insufficient, leading to a potential retest of the turning level. This retest could indicate a pause or reversal in the upward trend, requiring further observation before a clear direction is determined.
NAS100USD / buy above 19,550
SL: 19,480
TP: 19,908
TP: 20,218
NAS100USD / sell below 19,550
SL: 19,600
TP: 19,164
TP: 18,751
XAUUSD / UNDER BEARISH PRESSURE - 4HXAUUSD / 4H TIME FRAME
HELLO TRADERS
in the last chart reached full target .
Tendency , prices is under downward pressure , until trading below turning level at 2,509$
Downward Condition : With the price holding steady at the current turning level at 2,509$ , it is likely to decline towards the support level of 2,491$. If it stabilizes below this level, it could then reach the next target level of 2,474$ .
Upward Condition : for an upward , a potential is expected if the price breaks the turning level at 2,509$ , leading to a rise toward the resistance level (1) at 2,519$ . For a sustained increase, the price must breaking the resistance level (1) to reach the next resistance at 2,526$ .
XAUUSD / buy above 2.509$
SL: 2,503$
TP: 2,516$
TP: 2,519$
TP:2,526$
XAUUSD / sell below 2,509$
SL : 2,512$
TP : 2,500$
TP : 2,491$
TP : 2,474$
USDJPY - UNDER BULLISH PRESSURE - 4HUSDJPY - 4H TIME FRAME
HELLO TRADERS
The general trend continues to be upward as long as trading remains above the turning level of 145.495 .
Currently, prices are above this threshold, indicating a possible rise towards the initial resistance level at 147.891. If a 4-hour candle closes above this resistance, further increases are anticipated, with the next target being the second resistance level at 150.800.
For a downward trend to develop, the turning level needs to be breached and maintained below. This could lead to a decline towards the first support level at 143.749, and possibly even lower to 141.832.
KEY LEVELS :
Turning Level : 145.495
Resistance Levels : 147.891 , 150.800
Support Levels : 143.749 , 141.832
EURUSD / UNDER DOWNWARD PRESSURE - 4HEURUSD / 4H TIME FRAME
HELLO TRADERS
in the last chart fit full target .
The overall trend remains downward as long as trading stays below the turning level of 1.108.
Currently, prices are below this level, suggesting a potential decline towards the first support level at 1.103. If a 4-hour candle closes below this support, further declines are expected, targeting the second support level at 1.099 .
For prices to increase, the turning level must be broken and stabilized above, which could lead to a rise towards the first resistance level at 1.113, and potentially further to 1.119 .
KEY LEVELS :
Turning Level : 1.108
Resistance Levels : 1.113 , 1.119
Support Levels : 1.103 , 1.099
XAGUSD / TRADING BELOW FVG - 4HXAGUSD / 4H TIME FRAME
The market trend is largely bearish, with the price staying below the turning level of 29.98, indicating a potential drop to the support level (1) at 28.11, and possibly further to the next target at 27.18. However, if the price breaks through the bounce level, it may shift upward toward the resistance level (1) at 29.51. To confirm a bullish trend, the price must break through this resistance and stabilize above it, aiming for 30.48 .
KEY LEVELS :
TURNING LEVEL : 29.98
RESISTANCE LEVELS : 29.51 , 30.48
SUPPORT LEVELS : 28.11 , 27.18
EthereumHi guys
We are at the bottom of the upward channel. On the other hand, the amount of Ethereum in the centralized exchange has reached the lowest historical level. It seems that investors are not sellers at these rates.
In the four-hour time frame, it seems that with the consumption of the $2408.3 support area, we can expect a downward trend similar to the scenario from the specified resistance range.
On the daily time frame, according to maintaining the support area and ascending channel, provided that the ascending trend line is maintained, the price area of $2250 can be attractive for buying.
what do you think?
XAUUSD / TRADING INTO RANGE CONTINUES - 4HXAUUSD / 4H TIME FRAME
HELLO TRADERS
Tendency , prices is under downward pressure , until trading below turning level or supply zone between 2,525$ and 2,531$ .
Downward Condition : With the price holding steady at the current turning level at 2,425$ , it is likely to decline towards the support level of 2,507$. If it stabilizes below this level, it could then reach the next target level of 2,491$ .
Upward Condition : for an upward , a potential is expected if the price breaks the supply zone between 2,525$ and 2,531$ , leading to a rise toward the resistance level (1) at 2,538$ . For a sustained increase, the price must breaking the resistance level (1) to reach the next resistance at 2,555$ .
XAUUSD / buy above 2.525$
SL : 2,523$
TP : 2,531$
TP : 2,538$
XAUUSD / sell below 2,525$
SL : 2,528$
TP : 2,520$
TP : 2,516$
TP : 2,507$
XRPUSDT / TRADING BELOW FVG - 4H XRPUSDT / 4H TIME FRAME
HELLO TRADERS
Tendency , prices is under downward pressure , until trading below turning level at 0.58 .
Downward Condition : With the price holding steady at the current turning level at 0.58 , it is likely to decline towards the support level of 0.55. If it stabilizes below this level, it could then reach the next target level of 0.51 .
Upward Condition : for an upward , a potential is expected if the price breaks the turning level at 0.58 , leading to a rise toward the resistance level (1) at 0.60 . For a sustained increase, the price must breaking the resistance level (1) to reach the next resistance at 0.63 .
TARGET UPWARD ZONE :
RESISTANCE LEVEL (1) : 0.60 .
RESISTANCE LEVEL (2) : 0.63 .
TARGET DOWNWARD ZONE :
SUPPORT LEVEL (1) : 0.55 .
SUPPORT LEVEL (2) : 0.51 .
TURNING LEVEL : 0.58 .
DOGEUSDThi
For now, we don't have any positive signal and the best case is to wait; If the $0.12172 resistance range is completely consumed, we can expect a break of the descending channel and an uptrend.
But now, due to maintaining the downward channelized movement, the probability of the continuation of the downward trend is higher.
What do you think?
BNBUSD ( BREAKOUT THE CHANNEL ) ( 4H )BNBUSD
HELLO TRADERS
Tendency , the price is under bullish pressure , after breakout the channel .
Turning Level: The price is currently trading above this level around 512.2 . As long as it remains stable and stays above this level, a rising toward the resistance level (1) is likely . However, if the price breaks under this level and a 4-hour candle closes below it, an downward move toward the support level (1) can be expected.
support Level (1) : around 488.2 , The price is currently above turning level . To reach this level, the price needs to break and close a four-hour candle below the turning level at 512.2 . If the price reaches 488.2 , and stabilizes below it, it will likely attempt to reach support level (2) .
support Level (2): When the price breaks through support Level (1) and closes a 4-hour candle below it, this suggests it could reach around 468.1 . To confirm an downward , the price needs to reach this level before moving on to support Level (3) at 431.1 .
Resistance Level (1): As long as the price remains above the turning level of 512.2 , it suggests a rising towards 556.2 . If the price reaches this level and stabilizing above it, it will likely attempt to reach resistance Level (2).
Resistance Level (2): When the price breaks through resistance level (1) and closes a 4-hour candle above it, this suggests it could reach around 582.9 . To confirm an uptrend , the price needs to reach this level before climb on to resistance Level (3) at 605.8 .
Channel Trend: the trading rate within the descending channel .
TARGET LEVEL :
RESISTANCE LEVEL : 556.2 , 582.9 , 605.8 .
SUPPORT LEVEL : 488.2 , 468.1 , 431.1 .
US30 ( UNDER BULLISH PRESSURE - 4H US30 / 4H TIME FRAME
HELLO TRADERS
in the last analyses reached our target + 450 pip profit .
Tendency , prices is under upward pressure , until trading above turning level at 2,507$
Upward Condition: With the price holding steady at the current turning level (1) at 41,040 and retest with stabilizing above turning level (2) at 40,680 , it is likely to rise towards the resistance level (1) of 41,401. If it stabilizes above this level, it could then reach the next target level of 41,864.
Downward Condition : To reach the 40,239 support level (1) , the price needs to first break the turning level (2) by closing a 4-hour candle below 40,680 . If it stabilizes below support level (1) , a further decline toward the support level (2) at 39,812 can be anticipated .
TARGET UPWARD ZONE :
RESISTANCE LEVEL (1) : 41,401 .
RESISTANCE LEVEL (2) : 41,864 .
TARGET DOWNWARD ZONE :
SUPPORT LEVEL (1) : 40,239 .
SUPPORT LEVEL (2) : 39,812 .
TURNING LEVEL : 41,040 , 40,680 .
EURUSD / TRADING BELOW TURNING LEVEL - 4H XRPUSDT / 4H TIME FRAME
HELLO TRADERS
Tendency , prices is under downward pressure , until trading below turning level at 1.112 .
Downward Condition : With the price holding steady at the current turning level at 1.112 , it is likely to decline towards the support level of 1.108 . If it stabilizes below this level, it could then reach the next target level of 1.103 .
Upward Condition : for an upward , a potential is expected if the price breaks the turning level at 1.112 , leading to a rise toward the resistance level (1) at 1.118 . For a sustained increase, the price must breaking the resistance level (1) to reach the next resistance at 1.124 .
TARGET UPWARD ZONE :
RESISTANCE LEVEL (1) : 1.118 .
RESISTANCE LEVEL (2) : 1.124 .
TARGET DOWNWARD ZONE :
SUPPORT LEVEL (1) : 1.108 .
SUPPORT LEVEL (2) : 1.103 .
TURNING LEVEL : 1.112 .
DOGECOIN / CONTINUES RANGE MOVEMENT - 4H DOGECOIN / 4H TIME FRAME
HELLO TRADERS
Tendency , prices is under upward pressure , until trading above turning level at 0.09 .
Upward Condition : The price is currently experiencing bullish momentum. As long as it remains above the 0.09 turning level , it is likely to move upward toward the resistance levels of 0.10 and then 0.11 .
Downward Condition : To reach the 0.08 support level (1) , the price needs to first break the turning level by closing a 4-hour candle below 0.09. If it stabilizes below support level (1) , a further decline toward the support level (2) at 0.07 can be anticipated .
TARGET UPWARD ZONE :
RESISTANCE LEVEL (1) : 0.11 .
RESISTANCE LEVEL (2) : 0.10 .
TARGET DOWNWARD ZONE :
SUPPORT LEVEL (1) : 0.08 .
SUPPORT LEVEL (2) : 0.07 .
TURNING LEVEL : 0.09 .
NOTUSDT / INSIDE SENSITIVE AREA - 4HNOTUSDT / 4H TIMEFRAME
HELLO TRADERS
Tendency , prices is under upward pressure , until trading above turning level (2) at 0.008
Upward Condition : The price is currently experiencing bullish momentum. As long as it remains above the 0.009 turning level , it is likely to move upward toward the resistance levels of 0.011 and then 0.013.
Downward Condition : To reach the 0.007 support level (1) , the price needs to first break the turning level by closing a 4-hour candle below 0.008. If it stabilizes below support level (1) , a further decline toward the support level (2) at 0.006 can be anticipated .
TARGET UPWARD ZONE :
RESISTANCE LEVEL (1) : 0.011.
RESISTANCE LEVEL (2) : 0.013 .
TARGET DOWNWARD ZONE :
SUPPORT LEVEL (1) : 0.007 .
SUPPORT LEVEL (2) : 0.006 .
TURNING LEVEL (1) : 0.009 .
TURNING LEVEL (2) : 0.008 .
Buy Gold (Xau/Usd) Bullish ChannelThe XAU/USD pair on the M30 timeframe presents a potential Buying opportunity due to a recent formation of well-defined Bullish Channel pattern. This suggests a shift in momentum towards the Upside in the coming Hours.
Key Points:
Buy Entry: Consider entering a Long position around the current price of 2511, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 2537
2nd Support – 2551
Stop-Loss: To manage risk, place a stop-loss order below 2499. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.
GBPUSD / TRADING ABOVE TURNING LEVEL - 4HGBPUSD
HELLO TRADERS
Tendency , the price is under bullish pressure , until trading above turning level at 1.292 .
Turning Level: The price is currently trading above this level around 1.292. As long as it remains stable and stays above this level, a rising toward the resistance level (1) is likely . However, if the price breaks under this level and a 4-hour candle closes below it, an downward move toward the support level (1) can be expected.
support Level (1) : around 1.283 , The price is currently above turning level . To reach this level, the price needs to break and close a four-hour candle below the turning level at 1.292. If the price reaches 1.283 , and stabilizes below it, it will likely attempt to reach support level (2)
support Level (2): When the price breaks through support Level (1) and closes a 4-hour candle below it, this suggests it could reach around 1.275 . To confirm an downward , the price needs to reach this level before moving on to support Level (3) at 1.266 .
Resistance Level (1): As long as the price remains above the turning level of 1.292 , it suggests a rising towards 1.303 . If the price reaches this level and stabilizing above it, it will likely attempt to reach resistance Level (2).
Resistance Level (2): When the price breaks through resistance level (1) and closes a 4-hour candle above it, this suggests it could reach around 1.310 . To confirm an uptrend , the price needs to reach this level before climb on to resistance Level (3) at 1.316 .
Channel Trend: the prices trading inside the channel .
TARGET LEVEL :
RESISTANCE LEVEL : 1.303 , 1.310 , 1.316 .
SUPPORT LEVEL : 1.283 ,1.275 , 1.266 .