XLM Crashes Below Key Support – Is a Reversal Near?XLM has broken its previous low, raising the question: where is the next major support zone? To determine this, we will focus on fibonacci, moving averages, and order blocks to find a high-probability bounce area for a potential long position.
🔍 Fibonacci Retracement – Locating the Next Support Level
Using the Fibonacci retracement tool from the low at $0.0757 to the high at $0.6374:
0.618 Fib Retracement → $0.2903 (Already Lost) ❌ Current Price: $0.248
Next Major Fib Level – 0.786 Retracement at $0.1959
Since the 0.786 Fib level is a key retracement point, we need further confluence factors to confirm its strength as a potential support zone.
🔗 Confluence Factors Strengthening the Support Zone ($0.1959 – $0.17179)
1:1 Trend-Based Fibonacci Extension
High: $0.6374
A: $0.3179
B: $0.515
1:1 extension aligns at $0.1902 → Strong confirmation near 0.786 Fib retracement ✅
Wave A-B Fibonacci Extension
1.618 Fib extension from wave A to B is at $0.1875 → Aligns with the 1:1 trend-based extension ✅
Daily Support Level at $0.1962
Sits almost exactly at the 0.786 retracement ($0.1959) ✅
21 EMA & 21 SMA for Moving Average Support
21 EMA at $0.20338
21 SMA at $0.17187
Order Block Between $0.2208 – $0.1964
Demand area aligns with the major support zone ✅
Key Takeaway:
A high-probability support zone is now identified between $0.1959 and $0.17179, with multiple confluences suggesting a strong potential bounce.
Trade Plan – Scaling Into a Long Position
Given the strong confluence at the support zone, the best approach is scaling into a long trade.
DCA Entry Strategy:
Start scaling in at $0.22, as an order block exists between $0.2208 – $0.1964
Main focus remains on the support zone ($0.1959 – $0.17179)
Stop Loss:
Below the 21 SMA ($0.17187) for invalidation
Take Profit Levels for Optimal R:R:
First TP at $0.25 → Resistance area
Next TP at $0.30 → Strong psychological & resistance level
R:R Approximation:
2:1 R:R for first TP ($0.25)
3:1+ R:R if targeting $0.30
High-Probability Support Zone Identified
✔ Multiple confluences confirm a strong support zone at $0.1959 – $0.17179
✔ Scaling into a long from $0.22 to $0.17179, with stop loss below the 21 SMA ($0.17187)
✔ Take profit levels set at $0.25 & $0.30 for a solid R:R trade
Alternative bullish scenario: A reclaim of lost key low at $2526 with rising volume could signal a long opportunity, only on confirmation.
💬 Will XLM bounce from this key support? Let me know your thoughts in the comments! 🚀🔥
Moving Averages
Short term bearish Daily - 03/10/25
Broke and closed under 50MA; seems bearish.
Trend: From 13.98 to 66.91. (Overnight trading price touched $40.00.)
Gaps: There are gaps that may need to be filled between 25.31 - 34.20.
Potential Buy Area: If the price tests and rejects 34.20, it could present a buying opportunity.
Indicators: Use RSI and MACD to confirm that buyers are in control. If the price breaks & Rejects 34.20, we’ll most likely see it drop to 25.31 and close those gaps before we make our way back up for earnings.
Disclaimer: This is not investment advice; invest at your own risk.
Redfin | RDFN | Long at $8.64Redfin $NASDAQ:RDFN. Yes, housing is starting to finally slide as mortgage rates remain high, housing inventory increases, and pending sales drop. I can see an argument to wait to enter NASDAQ:RDFN and I can't truly argue against it for 2025 (a dip is possible into the $4's if things really take a bad turn). But what I like about Redfin is they do not invest in homes where there is substantial risk during a housing pause or downturn. They purely make money through real estate services (brokerage and marketing), subscription services for listings, mortgage services (fees and interest), and other services.
When mortgage rates drop, the housing market will shift rapidly - which is honestly going to be a big problem in the long-term as the desperate buyer grabs a 4-5% mortgage (vs the current 6.5%-7%) for the "deal" on a home they can't truly afford...
During this eventual shift, Redfin and Zillow NASDAQ:Z will do well. It's just a matter of
"when" will it occur. At $8.64, NASDAQ:RDFN is in a personal buy zone. If the price dips further after earnings, I will be accumulating more shares (unless the company is crumbling).
Targets into 2027:
$11.00
$15.00
$20.00
$25.00
USDCHF and back down to the zone around 0.84000USDCHF continues its bearish trend since mid-January and all indications are that we will see a return back down to the zone around 0.84000. The pair failed to break above the EMA 200 weekly moving average, which further increased the pressure on the dollar.
BTCUSDT: Signals a 2-Week Retest—Trend Still Alive
BTC’s been wild, but zoom out to the 2-week chart— we’ve got a solid uptrend with higher highs and lows. Last week’s dip isn’t a reversal—it’s a retest of the 50-day EMA (around $64.8k as of March 10, 2025). Volume’s thinning, RSI’s looks oversold. Indicators flashed a ‘hold’ here—no sell signal yet, which tells me the trend’s got legs or at least a bounce.
Bullish Case : If BTC holds the retested level (e.g., a prior resistance-turned-support), it could resume upward momentum. A two-week stabilization suggests accumulation, and a break above the recent high could target the next psychological level (e.g., $90,000).
Bearish Risk : If the retest fails—price breaks below the key level with high volume—it could signal a deeper correction, potentially revisiting lower supports (e.g., $70,000 or $60,000). A two-week trend turning into a failed retest might indicate profit-taking or macroeconomic pressure with all the news.
It's worth just taking a zoomed out look, no panic just yet and let it play out a little more.
GBPUSD BUYS WEEKLY ANALYSIS Hey guy’s second here’s my second pair that I will be interested for buys this week tho I trade only Gold but GBPUSD is giving a good buy projection so I can’t let it pass by..I will be waiting for price to pullback to that support zone and go to 4hr for some confirmation to take buys to the upside and I will update you guys if I’m executing this trade…Let’s have a win week…
XAUUSD WEEKLY BUY PROJECTION Hey everyone happy new trading week and hoping we get a nice signal to execute a trade it’s been 2weeks now No trade so this week on Gold my buy projection for now is I will waiting for price to breakout the consolidation zone with a nice retest and a bullish engulfing to take buys to the new ATH I will update you guys if I’m executing let’s have a win week…..
Welcome To The Long Awaited BTC Bear Market Fade the trend at your own risk.. It's always a good idea to SELL into WEAKNESS, and BUY into STENGTH.
The daily btc chart is confirmed bearish. Only the monthly and weekly chart are still bullish, but if the downtrend continues on the daily trend, then it will make its way to the Weekly chart and eventually the monthly chart.. This is going to happen slowly or a mega dump could speed it up. but the target remain the same.
We were all promised a "SUPER-CYCLE" and alot of people are still riding the narrative fueled by social media and constantly getting rekt . Trust ONLY what you see on charts ONLY !!.
I already started shorting the market way back since January when i stopped listening to the hype and started focusing on trading the trend on the chart as soon my trend indicator gave me a sell signal on the daily timeframe, everyone taught i was crazy in the chats for my bearish call outs. So far its been the BEST DECISION EVER !!
If you want to buy anything, just make sure its on Spot, you buy with the mindset that you are buying to hold until at least 2027 .There is no magical super cycle..The party is over until something crazy bullish happens or trump does something that sparks a new rally.
Behind the Buy&Sell Strategy: What It Is and How It WorksWhat is a Buy&Sell Strategy?
A Buy&Sell trading strategy involves buying and selling financial instruments with the goal of profiting from short- or medium-term price fluctuations. Traders who adopt this strategy typically take long positions, aiming for upward profit opportunities. This strategy involves opening only one trade at a time, unlike more complex strategies that may use multiple orders, hedging, or simultaneous long and short positions. Its management is simple, making it suitable for less experienced traders or those who prefer a more controlled approach.
Typical Structure of a Buy&Sell Strategy
A Buy&Sell strategy consists of two key elements:
1) Entry Condition
Entry conditions can be single or multiple, involving the use of one or more technical indicators such as RSI, SMA, EMA, Stochastic, Supertrend, etc.
Classic examples include:
Moving average crossover
Resistance breakout
Entry on RSI oversold conditions
Bullish MACD crossover
Retracement to the 50% or 61.8% Fibonacci levels
Candlestick pattern signals
2) Exit Condition
The most common exit management methods for a long trade in a Buy&Sell strategy fall into three categories:
Take Profit & Stop Loss
Exit based on opposite entry conditions
Percentage on equity
Practical Example of a Buy&Sell Strategy
Entry Condition: Bearish RSI crossover below the 30 level (RSI oversold entry).
Exit Conditions: Take profit, stop loss, or percentage-based exit on the opening price.
$AFRM $70 target into retest $80, pt. 1 chartI wish you could post multiple charts in the same size so you can see and I don't have to post twice. I looked at the D and W. This name should see it's IPO highs at some point this year, with the volatility it could be sooner than later as well. Resistance, in my opinion, looks to be $80 zone, a psyche area as well -- dating back to 3/2021, 1/2022, 2/2022, and 2/2025. Looks like $45-$50 which was once resistance now flipped to support. It touched the 200sma and riding the 200ema. & There almost seems like a huge cup and handle formed on the weekly as well... interesting. Also, look at the earnings on NASDAQ:AFRM ... lmao. Monstrous.
WSL
$SOL Trying For W Patter ReversalTHE MARKET REALLY WANTS TO GO UP.
Stronger coins, such as CRYPTOCAP:SOL
keep putting in higher lows.
If we close above the EMA9 on the Daily that will be really telling.
A bit premature to call a reversal, but I’ve been speculating on this W reversal pattern forming since Trump announced the Crypto Strategic Reserve.
Perfect setup for that.
The lack of liquidity is the only thing holding back the reversal and reason for the pump n dumps on every bit of news.
DXY bearish pressureThe dollar index is slightly defensive. The result is a break of the ascending trend line. For now, the dollar is supported by the EMA 50 moving average. If the index falls below the moving average line, the index would retreat below 107.00. A potential target is 106.00 on the EMA200 daily moving average.
$SPY March 7, 2025AMEX:SPY March 7, 2025
Time frame monthly analysis.
Monthly.
The current move started from Covid low.
So, for the move 218.26 to 613.3 holding 520 is important now as it represents 23.6% retracement.
And for the extension 218.26 to 480 to 318 we have completed 100% move 614 levels. for the rise 218 to 480.
Hence, we are having some resistance.
Also 520 is 21-month average and in important.
Weekly.
Starting from low 348 if we connect 409 low taking top channel as 609 and draw a channel, we see AMEX:SPY in channel.
Here 560-565 is important to hold being 50 week average and mid channel line.
I expect pull back as oscillator is losing strength and we have red volume bars above average last 3 weeks.
Daily.
Too many above average sell volumes.
My stochastic false bar indicator became red.
So, any rise is only sold on rise until I get a green false bar.
My Eliott oscillator is red.
Price touching 200 averages last 3 days.
A steep fall from 613 to 570.
So, if we take the last rise from 510.27 to 613.23 38.2% correction done.
If AMEX:SPY breaks this then it is weaker.
At the moment if break 569 levels will bar close near low my target is 560 levels. which is 50% retracement for the rise.
And in daily if we take the rise from 540 to 613 565-568 represents 61.8% retracement for the rise.
That will be my target today.
So, for the day if 570 breaks target 565-568.
And for the last fall 613.23 to 570.12 605 need to cross for ant longs in daytime frame.
At the moment.
And any pull back to 576-578 will be a good level to short.
Not the time to go long.
TSLA - Support and ResitanceI believe NASDAQ:TSLA is entering a key support level here that will lead to a strong bounce back up. TSLA is down nearly 50% from all-time highs and is reaching a support level that had strong resistance for much of the last half of 2024. The RSI is also hanging out below 30 which could also indicate it as a strong candidate for an RSI play as well. I entered into a long position today and will accumulate more while it travels between the $260 and $230 levels. I will also add to this position when the RSI breaks above its 14 SMA. Targets for this trade are the $320 support level and 50 SMA line.
Bitcoin - 200 EMA is holding Strong#BTC #Analysis
Description
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+ Bitcoin has successfully tested the 200 EMA line and rebounded effectively.
+ However, caution is still advised, as the price may revisit the EMA support line.
+ The strong performance of the EMA is a positive indicator, suggesting the bullish trend could persist after a few retests.
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Enhance, Trade, Grow
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VectorAlgo