Get started

Fibonacci Retracement

SOL/USDT 8h Chart Hi all, let's look at the 8H SOL to USDT chart, in this situation we can see how the price is moving in a downtrend channel, where the potential exit up has been reversed. Here we can also see how the price is based on a specific uptrend line, which is worth watching because breaking it could lower the price even more. Let's start by defining the targets for the near future that the price must face: T1 = $250 T2 = $269 Т3 = $284 Т4 = $298 Now let's move on to the stop-loss in case the market continues to fall: First, we have a strong support zone from $226 to $216 visible, and then we can define two potential stop loss points SL1 = $198 SL2 = $185 Looking at the MACD indicator, we can see how it shows an attempt to return to the uptrend, which is currently proving ineffective, while on the RSI we are in the lower part with room for a potentially larger rebound.
by cryptodailyuk
GOLD → The new ATH is not the limit. What are the new targets?FX:XAUUSD updates ATH to 2800 and at the same time bulls are consolidating above the previously broken high, trying to form a base for continued gains Gold updates all time high to $2800, amid a weaker US dollar and the threat of high tariffs from Trump, who again warned of possible 100% duties against BRICS countries, as well as a 25% tax on imports from Canada and Mexico, which boosted demand for protective assets. Investors are waiting for the US PCE Core Price Index data to gauge the Fed's next steps. Technically, now the focus is on 2 levels: 2798.5, which is a trigger for the continuation of growth and support at 2785, behind which there is a huge pool of liquidity. Gold needs to overcome 2798.5 to continue rising, but before that a retest of the support may be formed due to the liquidity under the level. Resistance levels: 2798.5, 2800, 2810-15 Support levels: 2790, 2785, 0.5 fibo In general, gold has a bullish price movement. There are no hints of a trend breakdown, so the chance for the continuation of the growth is quite high and it can happen either when the trigger is broken or after a small consolidation or correction before the news. Emphasis on the previously mentioned levels and news. Regards R. Linda!
FX:XAUUSDLong
by RLinda
17
When Will the 2025 Altcoin Season Arrive? Clue from OTHERS.DCRYPTOCAP:OTHERS.D is copying the same script as the last two altcoin seasons. I’ve marked points 1-8 in the structure. Each time, it formed a triangle consolidation before breaking into a bull run. In the last two cycles, point 8 was the final low before the rally. Right now, it's retesting point 8, which is the lower boundary of the triangle. Will it repeat the script and break out, or is this time different? Could we see a new scenario, or is it possible that altcoin season won’t come at all? If the altcoin season does happen, OTHERS could 2x from here. What do you think? Do you believe we’ll see a crazy 2025 altseason? for more future script "guesses" like this! 💰 Bitget 20% Trading Fee Discount: lihi2.com
CRYPTOCAP:OTHERS.DLong
by Harold_123
ETH/USDT 8H Interval Chart ReviewHello everyone, let's look at the 8H ETH to USDT chart, in this situation we can see how the price is moving in the downtrend channel, and you can see how we are approaching its upper limit. It is worth observing how the price will behave at this point because an exit on the top and therefore overcoming the first resistance can open the way to further increases. Let’s start by defining the near-term targets that the price must face: T1 = $3318 T2 = $3432 Т3 = $3569 Т4 = $3738 Now let’s move on to the stop-loss in case the market continues to fall: SL1 = $3213 SL2 = $3017 SL3 = $2877 SL4 = $2700 Looking at the MACD indicator, we can see how it is attempting to return to the uptrend, while on the RSI indicator we are back near the mid-range, but there is still room for the price to go higher.
BITSTAMP:ETHUSD
by cryptodailyuk
GOLD → Buyers are serious about retesting ATHFX:XAUUSD on the background of yesterday's news played both ways. The dollar could not win from this situation, which as a whole favorably affects the price of metal. ATH as a target is still relevant. All attention is focused on the US GDP data for Q4. Slowdown in economic growth may increase interest in gold as a protective asset, especially against the background of possible trade tariffs of Trump and ambiguous reports of techno-giants. The Fed kept the rate, but tightened the rhetoric, which temporarily weakened gold, but the weak dollar and understanding of economic risks helped the metal to partially recover. Technically, the rebound from the support of the ascending channel is forming, the price is passing resistance levels on its way. Resistance levels: 2784, 2790 Support levels: 2771, 2766 Technically, from these support zones we should continue to wait for the growth towards 2790. But, based on the manner of price approach to the historical maximum, there is a probability of a small correction from 2790, after which the market will show either readiness to go even higher, or to form a deeper correction. Regards R. Linda!
FX:XAUUSDLong
by RLinda
14
ONDOUSDT → Resistance Breakthrough. Ready for the raceBINANCE:ONDOUSDT.P continues to hold an uptrend with cyclical counter-trend corrections. The chart is showing signs of an end to the correction and a readiness to go up A rather large consolidation has been formed against the background of the main uptrend. Regarding this, the price is trying to go up, breaking the resistance of consolidation (triangle) and overcoming the next obstacle in the form of key resistance at 1.538. The emphasis is on this level. If the bulls manage to keep the defense above 1.538 support, ONDO may show a recovery to 1.7 - 1.9 - 2.15 in the short to medium term. Support levels: 1.538, 1.44 Resistance levels: 1.7344, 1.90 A small pullback to support and formation of a false breakdown is possible, but price consolidation above the level will be a confirmation of readiness to go up. Targets are marked on the chart! Regards R. Linda!
Long
by RLinda
10
BTC 1D Interval Chart ReviewHello everyone, I invite you to review the current situation on BTC. When we enter the one-day interval, we can see how the BTC price moved in the local downtrend channel, from which we got an exit at the top and currently we can see how the price is fighting to maintain the position above the previous channel, and as a result, it has created a new local uptrend line for us. Here we can see how the current rebound brought the movement closer to the resistance at $ 105,300, and then a strong resistance zone is visible from $ 107,700 to around $ 110,000. Only when we leave this zone at the top will the price be able to continue towards the very strong resistance level at $ 113,400. Looking the other way, we can see that when the trend reverses, we first have a support zone from $102,000 to $99,900, but if this zone is broken, we can see a quick return of the price to the area of ​​the second very strong support zone from $94,470 to $90,450. On the MACD indicator, we can observe a fight to maintain the local upward trend, while lower on the RSI indicator, we can see that the increase in price has given a dynamic movement on the indicator, but we still have room for the price to go to a higher level.
BINANCE:BTCUSD
by cryptodailyuk
3
GOLD → Consolidation ahead of Fed rate meetingFX:XAUUSD is recovering ahead of Fed rates and Powell's speech. The price is consolidating as traders are not ready for premature action. What could happen? Gold is holding near $2,770 in Asian trading in anticipation of Wednesday's Fed decision. Investors are cautious as the regulator may pause rate cuts and give hints on future policy. Markets expect two 25bp cuts this year, but Powell's rhetoric will determine the way forward. Factors supporting gold: dollar correction, risk stabilization and holiday season in Asia. However, Trump's trade policy may increase inflation, forcing the Fed to keep high rates longer, which is negative for gold. But! Further movement depends solely on Powell's rhetoric. Resistance levels: 2765, 2771 Support levels: 2759, 2745 Technically, after breaking the bullish structure and updating the lows, the price is recovering in search of resistance and liquidity to continue the probable decline. But it depends on economic data. Possible false break of 2771 resistance before further decline. Regards R. Linda!
FX:XAUUSDShort
by RLinda
22
NVDA | Distribution Pattern to $97Follow up to the rising wedge pattern After seeing price bounce off of trendline support 4 times then to finally breakout we could see the next moves sell off towards the discount zone To add more confluence to this setup we're looking at the difference between price and indication and it's signaling a selloff based on divergence and the medium blue signal re-entering the 80/20 channel forecast bearish momentum stepping into play I'm eyeing targets around $97 and the possibility of seeing movement back towards major resistance ($152) to re-confirm price structure for any further selling beyond $97 Stay posted for any major updates on price action.
NASDAQ:NVDAShort
by Nathanl19
XRP → Resistance retest before correction BINANCE:XRPUSDT over yesterday evening bought back the previously formed fall, but faced strong resistance, which delimits the descending channel. A correction could possibly form... After a strong rise (on D1) XRP is going into a correction, the remarkable thing is that the correction is within a descending channel, or flag, the essence of which is the continuation of the trend. Let me remind you that the global trend is bullish. Technically, on the local , a false resistance breakout and correction may be formed, for example, to 3K or 0.5 fibo before the market starts to form the potential for a breakout of the channel resistance in order to continue the growth. Support levels: 3000, 0.5 fibo (2.900) Resistance levels: 3.144, 3.2 The liquidity formed in the zone 3.14 - 3.2 may not let the coin up the first time. In the short term, I expect a false breakout and correction to the targets indicated on the chart. Regards R. Linda!
Short
by RLinda
5
Time for ARKK to Breakout?ARKK has been trading within a channel and finally appears like maybe it's time to breakout? When ARKF and ARKW signaled earlier in the day, figured it was only a matter of time when this one would go! With Fed tomorrow this on is a tricky trade and if anything this bear flag appears it retraced to the golden pocket on dropping volume. However, this one is my favorite one to trade when it signals. Let me know if you think this is a bear flag ready to move lower with Fed speak or going to move higher? The King Trading Momentum Strategy combines the 5 EMA crossing above the 13 EMA, RSI strength, favorable momentum as measured by ADX plus evaluating recent volume changes and even something that measures breakout momentum called Beta for this one! ARKK and over 100 equities are built into this script with optimal backtest take profits and stop losses and can be toggled on by simply checking a box (default they are turned off). This one has won a couple in a row and this algo likes to get streaky!
CBOE:ARKKLong
by KingTrading999
BTCUSDT Fresh Short Setup: Targeting Key Support Zones with SMC Description: This trade setup presents a Bitcoin short opportunity on the 4H timeframe using the Smart Money Concepts (SMC) framework. After a significant reaction from the supply zone, Bitcoin's price structure aligns with bearish confluences, signaling potential downside. Additionally, external events, such as the recent announcement of China's AI application "DeepSeek," may have amplified market volatility, further supporting the setup. Trade Setup: Entry: Between 103,300 and 104,500 Take-Profit Levels (TP): 101,897 99,825 97,565 95,208 Stop Loss (SL): Above 105,975 Analysis and Confluences: Market Structure: Bitcoin remains in a bearish trend on the 4H timeframe, with consistent lower highs and lower lows. Supply Zone: The price is entering the 103.3k–104.5k supply zone, a key resistance area where sellers are expected to dominate. Fibonacci Confluence: This zone overlaps with the 0.618–0.786 Fibonacci retracement levels, a high-probability reversal area. Liquidity Sweeps: Liquidity above previous highs has been swept, leaving the path clear for potential downside. Bearish Targets: The targets align with previous demand zones and liquidity pools at 101,897, 99,825, 97,565, and 95,208. Trade Plan: Confirmation: Wait for bearish price action signals or smaller timeframe BOS (Break of Structure) within the supply zone before entering. Risk Management: Adjust position size to keep risk within acceptable levels. After reaching TP1, move your stop loss to breakeven and secure partial profits. Final Note: While bearish bias dominates, unexpected macroeconomic events can cause reversals, so use tight risk management.
Short
by AdasX
1
GOLD → Character changes, bearish premise emergesGOLD updates the low and tests trend support, testing the market and traders' nerves. The dollar is rebounding, putting pressure on the metal. Gold is moving into a correction, gradually changing the bullish nature of the market to bearish under selling pressure due to growing demand for the dollar amid fears of a trade war over Trump's policies. The issue of tariffs by the US is still open. Meanwhile, traders' attention is focused on data on durable goods orders and consumer confidence in the US, as well as the Fed meeting, the outcome of which will be announced on Wednesday. Technically, after breaking the bullish structure, the price is testing the channel support. It is quite difficult to break this line from the first time and the price may form a correction to 2745, or to the imbalance zone, for example, to 2750- 2760 Fibo, before the market desire to sell resumes. Resistance levels: 2745, 2751, 2760 Support levels: 2735 (trigger), 2717 If 2745 does not miss price and gold returns to 2735, then we should prepare for a break of trend support. In that case, an impulse to 2717 could form. But, if 2745 does not hold the price, gold may test 2750 - 2760 before falling further. Regards R. Linda!
FX:XAUUSDShort
by RLinda
18
XLMUSDT → Attempt to change the local trendBINANCE:XLMUSDT is entering the correction phase after attempting to forge an uptrend. Price is breaking support due to the change in market nastreonium and bitcoin correction. Bitcoin is moving into a correction, which is generally creating pressure for the already weak altcoin market. The reason is disappointment from the cryptocurrency community due to the lack of hints about cryptocurrencies in the new President Trump's speech. The market is trying to digest this fact as part of a correction. XLM is technically breaking the ascending support inside the global descending channel, meaning that the pressure on the market from the bears is still present. Support levels: 0.4177, 0.3896 Resistance levels: 0.460, 0.4955 The focus is on the previously broken channel boundary and the support level at 0.4177. The price may still test the previously broken channel boundary before falling further. But, a breakdown and consolidation of the price below 0.4177 may provoke sales. Regards R. Linda!
Short
by RLinda
5
SUI → The coin is coming out of an uptrend. Capitulation?BINANCE:SUIUSDT is breaking the bullish structure and testing a trigger that could trigger a strong fall. Yesterday's speech by President Trump Disappointed the cryptocurrency community. The main question is whether a correction is possible? A correction is possible and there are several reasons for that: bitcoin is making a false breakout and generally hinting at a possible price correction after Trump's post-inauguration speech yesterday, where not a word was said about cryptocurrency. Some felt cheated. But, in this context, actions are important, if Trump moves to fulfill his promises, we may have a bullish driver. At the moment, technically, the price is leaving the uptrend and testing the 4.250 trigger. It is a strong enough level, a break of which could make the bulls panic, which could lead to capitulation and price decline. Resistance levels: 4.489, 4.84, 5.12 Support levels: 4.25, 4.00 A retest of the resistance or the previously broken channel boundary is possible, but a break below 4.25 may trigger a fall. A pre-breakdown consolidation is forming around this level. Watch the coin! Regards R. Linda!
Short
by RLinda
10
BUY EURUSD H4 | FOREX BEEHey Traders, This EUR/USD H4 chart suggests a bullish scenario, with price action breaking key levels and retesting them for continuation. Here's the technical analysis: ### Observations: 1. Trend Analysis: - The price has broken above the descending trendline, signaling a shift from a bearish to a bullish bias. - The breakout has been followed by a successful retest within the green zone, confirming it as a support level. 2. Key Levels: - Support: The green zone around 1.0480-1.0500 has acted as a strong support after the breakout. - Resistance: The chart highlights a target near the 0.5 Fibonacci level at 1.0694. 3. Retest Zone: - The blue highlighted area indicates a retest of the broken trendline and horizontal support. This confluence area strengthens the bullish case. 4. Fibonacci Levels: - The 0.236 Fibonacci level (~1.0424) was successfully held, suggesting that the retracement is over and the upward momentum may resume. 5. Potential Movement**: - The price is expected to continue its bullish movement, as indicated by the blue arrows, with a primary target around 1.0694. --- ### My Thoughts: This chart looks bullish, with a strong base formed around 1.0480-1.0500. Watching for further confirmation through price action, such as higher highs and higher lows, would be wise. However, a break below the retest area could invalidate this setup and shift the bias.
Long
by forexbeesignals
SUI/USDT 1D Interval Chart ReviewHello everyone, let's look at the 1D SUI to USDT chart, as we can see the price was moving in the local uptrend channel from which we saw a breakout at the bottom, what's more we can define here the local downtrend line in orange color under which the price is currently holding. The current price decline stopped evenly at a strong support at $ 3.49, however, if the support is broken further we can see the price falling to around $ 3.04, and then it can quickly fall to around $ 2.41. Looking the other way we can see that when the trend reverses we have to face the resistance at $ 3.93, then the important level is $ 4.21, which the price must overcome, then it will be able to move further towards the resistances at $ 4.66, and then $ 4.97. Taking into account the STOCH indicator, we can see how we have gone below the lower limit, which is currently confirmed by a slight price rebound, but here we can see that there is a lot of room for potential new increases after the end of the current correction.
by cryptodailyuk
Bitcoin TA Alert: Perfect $97K Long Setup Incoming?Bitcoin remains range-bound between $107K and $100K as we approach the weekend. Let’s break down the current key levels and trade setups based on the data available. Support and Long Setup The GETTEX:97K level emerges as a strong support zone for a long trade setup: 0.618 Fibonacci retracement from the recent swing low to high aligns perfectly at GETTEX:97K The POC (Point of Control) from the 70-day trading range also sits at this level, adding confluence If the price reaches GETTEX:97K by Sunday or Monday, the trendline support will further strengthen this zone A laddered long position can be placed around GETTEX:97K , with: Stop-loss: Below $93K Take Profit: around $113K Risk-to-Reward (R:R): 4:1 - an attractive trade setup Resistance and Short Setup For the short trade setup, the current price around $106K offers an opportunity: Enter a short trade targeting the GETTEX:97K level Stop-loss: Above the all-time high (ATH) at $107K Take Profit (TP): GETTEX:97K R:R: 2:1 - reasonable given the tight risk management
Long
by SiDec