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Fibonacci Retracement

BTC broke $100,000!!!!Hello everyone, I invite you to review the current situation of BTC in pair to USDT on a 4-hour interval. As we can see, the price with a strong upward movement left the triangle in which we were moving. The upward exit from the triangle provided the energy to break through $100,000 and currently we are approaching the resistance at $106,257, only when the price goes further will we be able to see a move towards $114,000. However, if the current upward movement reverses, the support zone from $101,000 to $98,700 should be observed. However, when the support zone is broken, we can see the price quickly return to the level of $95,400 and then drop to around $90,000.
by cryptodailyuk
SOLANA → Consolidation before the rally continuesBINANCE:SOLUSDT is consolidating after a strong rally. This is a generally positive sign for continued growth as the altcoin season is in full swing. It may take some time to overcome the previous ATH Within the current move, Solana updates the ATH and forms a false breakout, which closes the coin in a channel, but not for long. A consolidation of 265 - 221 is forming within a strong bull market. The coin has several drivers: Trump, favorable background of his policies, talks about the fund, bullish BTC, which is already testing 105K and so on.... Technically, until the consolidation is over the movement will not continue. the trigger for continued growth could be the area of 250 - 265. The breakout and holding of the defense by the bulls above these zones could be good signals for further rally, as above 265 is empty and there is no resistance Support levels: 222, 205 Resistance levels: 239.6, 245.3, 264.4 I do not exclude the fact that a false break of support may be formed, but the market is generally bullish. accordingly, the current situation can be viewed from several angles: buy on a pullback or buy after a break of resistance with the aim of further growth Rate, share your opinion and questions, let's discuss what's going on with ★ BINANCE:SOLUSDT ;) Regards R. Linda!
Long
by RLinda
10
BITCOIN → The market is getting ready to pass 100K. New targets?BINANCE:BTCUSD after a strong rally is consolidating without the possibility to form a deep correction, which indicates that the coin is ready to update the highs and go higher, for example, to 100-105-110K. Despite the fact that bitcoin is losing its dominance in the market and it is possible to say that the alt season is open, the flagship of the cryptocurrency market has a huge potential to continue the rally. At the very least, the market is interested in reaching 100K, from which we are one step away. Fundamentally: whales continue to accumulate the asset, buying up at every opportunity. Trump with his policies on cryptocurrencies is still a strong driver for the flagship and the cryptocurrency market as a whole... Technically: The recent local correction is just a trap to gather liquidity before further growth. Pullbacks are now attracting large institutional buyers Resistance levels: 99K, 100K Support levels: 94.7K, 91.25K, 89.2K An ascending triangle can be seen on the chart, which can be interpreted as a buyer's interest in breaking the resistance. The bulls continue to put pressure on the market. Trigger 99K. If this zone is broken, bitcoin could go to 105K Rate, share your opinion and questions, let's discuss what's going on with ★ BINANCE:BTCUSDT ;) Regards R. Linda!
BINANCE:BTCUSDLong
by RLinda
43
BNB/USDT 1D interval Hello everyone, let's look at the current BNB situation considering the one-day time frame. In this situation, we can see how the price moved dynamically and decisively upwards. Currently, we can see how the price has rebounded from the strong resistance level at $808, while the next important resistance level is $921, which may pose a very strong resistance to further movement towards $1,234. Now let's move on to the stop-loss in case the cryptocurrency market undergoes a correction. SL1 - $731, SL2 - $670, SL3 - $591, SL4 - $540
by cryptodailyuk
SWING IDEA - BAJAJ FINSERV Bajaj Finserv , a prominent player in financial services, presents a compelling swing trade setup. Reasons are listed below : Symmetrical Triangle Breakout and Retest : The price has recently broken out of a symmetrical triangle pattern and successfully retested, signaling a strong support level. Consolidation Break : A significant 3+ year consolidation phase has been broken, indicating potential for a sustained upward move. 0.618 Fibonacci Support : The price is holding above this key Fibonacci level, suggesting strong buyer interest at current levels. EMA Support on Weekly : Trading above the 50 and 200 EMAs on the weekly timeframe reinforces the bullish sentiment and strengthens support levels. Target - 1900 // 2030 // 2200 Stoploss - weekly close below 1635 DISCLAIMER - Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services. @visionary.growth.insights
NSE:BAJAJFINSVLong
by Visionary_Growth_Insights
SWING IDEA - JIO FINANCIAL SERVICESJio Financial Services , an emerging force in the financial sector, exhibits signs of a potential upward move, presenting a swing trading opportunity. Reasons are listed below : Strong Support Zone at 300 : This level has proven to be a strong support, enhancing the likelihood of a bounce. Bullish Hammer on Weekly Timeframe : A bullish hammer candlestick pattern indicates potential reversal and buyer interest at lower levels. 0.5 Fibonacci Support : The price is aligned with the 0.5 Fibonacci retracement level, suggesting that it could act as a springboard for further upward movement. 50 EMA Support on Weekly Timeframe : Trading above the 50 EMA adds to the bullish outlook and provides an additional layer of support. Target - 360 // 385 Stoploss - weekly close below 295 DISCLAIMER - Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services. @visionary.growth.insights
NSE:JIOFINLong
by Visionary_Growth_Insights
GOLD → Consolidation. Which way will the momentum go?FX:XAUUSD in consolidation phase. The market is nervous because of misunderstanding of further actions in anticipation of news. What to expect and what can happen? The US labor market is stronger than expected, but the dollar remained cold amid expectations of more important news. At the moment, there is a 75% chance of a 0.25% interest rate cut. But, the dollar is still in demand due to the unstable geopolitical background. At the moment gold depends on the US employment data, ADP and Powell's speech Bad employment data may increase the probability of further Fed rate cuts in 2025. And vice versa. But, this background is unlikely to create a medium-term potential for gold..... Also, in the perspective of NFP... Technically, gold is in consolidation and the price exit from the flag boundaries may be accompanied by a strong impulse. The probability of a further fall is a little higher... Resistance levels: 2651, 2660 Support levels: 2636, 2618 Gold continues to test the support 2636, which only increases the probability of a breakdown and further fall. But on the background of the news, the price may test the resistance before a further fall Rate, share your opinion and questions, let's discuss what's going on with ★ FX:XAUUSD ;) Regards R. Linda!
FX:XAUUSDShort
by RLinda
3
EURUSD → Consolidating before the news.... FX:EURUSD is in a current downtrend, but there is news ahead and traders are waiting for hints about the US monetary policy. The currency pair has not yet reached the local target... On D1, the struggle for space continues after the false breakdown of support. Also, the market is still yet to test 1.061 - 1.065 - the key liquidity zone. Ahead of ADP Nonfarm, PMI and Powell's speech, where, according to analysts, the issue of rates, US monetary policy may come up. Any hints of an aggressive rate cut could reinforce buying in the Euro and selling in the Dollar. However, we can't know this ahead of time, so the market may remain in consolidation until the news. Resistance levels: 1.0606, 1.0654, 1.076. Support levels: 1.0448, 1.033 Technically, the currency pair can form an upward momentum to key resistance areas, from which the decline can resume. But, if the price breaks the support and consolidates below 1.044, the decline may start earlier. Rate, share your opinion and questions, let's discuss what's going on with ★ FX:EURUSD ;) Regards R. Linda!
Short
by RLinda
1
AVAX/USD Fibonacci targets Avax has to hold the blue level to retest the previous local high. Breaking it will set us flying towards the red targets . The current chart shows the most important Fibonacci targets. Grey: Resistance/support, decisive prices. A dump/pump can happen at these levels, but is not a main target Red: Main target to take profits or potentially enter shorts Green: Buy or rebounce expected Red box: resitance are, mainly caused by the 1.618-1.65 fib level Green box: Support level, mainly 0.618-0.65 fib Breaking each target gets us to the next one.
BINANCE:AVAXUSD
by DCCryptoacademy
Link/USD Fibonacci targetsLink does look ok, but not as good as many other coins. If we hold the blue level, we will pump towards the next bullish targets. Breaking it will mean a dump to the green levels. The current chart shows the most important Fibonacci targets. Grey: Resistance/support, decisive prices. A dump/pump can happen at these levels, but is not a main target Red: Main target to take profits or potentially enter shorts Green: Buy or rebounce expected Red box: resitance are, mainly caused by the 1.618-1.65 fib level Green box: Support level, mainly 0.618-0.65 fib Breaking each target gets us to the next one.
BINANCE:LINKUSD
by DCCryptoacademy
1
GOLD → Consolidation. One step away from distribution...FX:XAUUSD is faltering a bit due to high risks before the news. In the moment a strong impulse can be formed. The price is consolidating in the local range. Earlier, the price broke the local upward support.... Traders are consolidating in anticipation of economic data. Volatility is decreasing, speculators are not ready to take risks yet, all attention is focused on PMI, Powell's speech on Thursday and NFP on Friday... A rebound in US dollar demand early Tuesday kept gold buyers on the back foot. China's ongoing economic problems and the threat of global tariffs from Trump, geopolitical tensions in eastern Europe and escalating conflict in the Middle East continue to weigh on investor sentiment. The future direction of the gold price is likely to depend on upcoming employment data and its impact on expectations of a Fed rate cut Resistance levels: 2660, 2655 Support levels: 2634, 2618, 2605 Since there is no even direction on the market and the price is inside the channel, we will consider trading from its borders. Therefore, a false break of the key resistance may provoke a fall to the support of the range. Rate, share your opinion and questions, let's discuss what's going on with ★ FX:XAUUSD ;) Regards R. Linda!
FX:XAUUSDShort
by RLinda
18
AEVOUSDT → One step away from a 200-400% RALLYBINANCE:AEVOUSDT is forming a market bottom. Against the backdrop of bitcoin's declining dominance, altcoins have a great chance of realization. And AEVO has an opportunity for a 200-400% rally Relative to the bottom, the coin is forming a consolidation of 0.269 - 0.534. Consolidation is big enough and if the realization starts, the impulse can be formed quite aggressive, especially on the background of excitement. Technically, the emphasis is on 0.534 - 0.594. If the price breaks this resistance area and the bulls are able to keep the defense above this zone, the coin will open the way to 0.8, 1.12, 1.34, which is a 200-400% move. Resistance levels: 0.534, 0.594 Support levels: 0.455, 0.269 A breakthrough of the first line of defense is being formed. The bulls have quite positive chances. Realization can start any minute. Medium-term target is 1.127, long-term target is 1.34 Rate, share your opinion and questions, let's discuss what's going on with ★ BINANCE:AEVOUSDT ;) Regards R. Linda!
Long
by RLinda
13
GOLD → The bears are gaining weight. Resistance retestFX:XAUUSD is declining after a false break of the resistance of the range. The fundamental background is mixed and does not yet allow to form a clear medium and long term strategy, BUT! ... Trump's policies create new risks. Before taking office, he has already signaled the growth of tariffs for the whole world (Canada, Mexico, Europe, China, BRICS countries). The growth of geopolitical risks also affects the price of metal. On the background of the dollar growth and expected reduction of interest rates by the Fed, gold is declining and confirms the bearish structure of the market. The markets' attention is focused on the ISM manufacturing PMI index in the US. Data from the US Technically, the price is breaking the ascending support line as well as the 2636 zone, indicating a dominant bearish sentiment. A correction is forming and we should pay attention to the key resistance, liquidity and imbalance zones Resistance Levels: 2636, 0.5-0.7 Fibo, 2650 Support levels: 2622, 2618, 2605 A retest of the previously broken structure and zone of interest is forming. False breakout of 0.5-0.7 fibo (retest) can provoke active selling on the background of the newly growing dollar. But, globally, gold is still in a sideways range without a clear trend direction... Rate, share your opinion and questions, let's discuss what's going on with ★ FX:XAUUSD ;) Regards R. Linda!
FX:XAUUSDShort
by RLinda
12
GBPUSD → Counter-trend correction before further declineFX:GBPUSD within the correction reaches a zone of interest and resistance from which the decline may resume as the dollar returns to a northbound rut ... Traders continue to fight for the 1.267 area, an area that is a strong enough support. Buyers don't have much of a chance as the dollar looks quite strong on the back of Trump's policies and is putting quite a lot of pressure on the forex market. Technically, the downtrend is the priority and we will be pulling back from it. Key zones: 0.5 Fibo and the boundary of the downtrend. False breakout may provoke further decline. Resistance levels: 1.275, 1.284 Support levels: 1.267, 1.264 False breakout of resistance will indicate the bears' domning and may provoke further selling. It is also worth emphasizing 1.267-1.264. A breakdown and consolidation of the price below this zone will also confirm the bears' intention Rate, share your opinion and questions, let's discuss what's going on with ★ FX:GBPUSD ;) Regards R. Linda!
Short
by RLinda
19
TON → One step away from a rally. Trying to change the trendBINANCE:TONUSDT is coming out of a prolonged consolidation, but only one action separates us from the distribution phase. The bitcoin rally is favorable for many altcoins.... In my opinion, TON is a rather undervalued project that has a fundamentally significant base (many altcoins cannot boast of this). Technically, the consolidation lasted for almost 9 months and, consequently, this energy should be used somewhere. The exit of the price from the accumulation begins to show us in which direction the distribution is likely to go. The focus is on 5.420 and 5.150. If the bulls hold their defenses above this zone, the coin could show a flight to the moon in the long run. But don't look at cryptocurrencies with rose-colored glasses, assess the situation relative to the risks! Resistance levels: 5.420, 6.133 Support levels: 5.151, 4.51 The price is breaking the resistance of the bullish pattern (descending wedge or descending triangle), we have to wait for confirmation that the trend change will be true. The fight for 5.420 continues. Let's keep an eye on this zone ;) Rate, share your opinion and questions, let's discuss what's going on with ★ BINANCE:TONUSDT ;) Regards R. Linda!
Long
by RLinda
13