Get started

Resistence

GBP/USD Analysis – Bullish Momentum or a Pullback?GBP/USD Technical Analysis – Bullish Momentum or a Temporary Pullback? By Dhanda The Great The GBP/USD currency pair has been on an interesting journey over the past few months, experiencing a significant downtrend before showing signs of a bullish reversal. The big question now: Is this the beginning of a sustained uptrend, or just a temporary pullback? Chart Analysis & Key Levels Breakout from the Downtrend: The pair was trading within a descending channel for months, indicating a strong bearish structure. Recently, GBP/USD broke out of this channel, which could signify a trend reversal or at least a short-term bullish correction. Support & Resistance Zones: Support: The key demand zone lies between 1.2100 - 1.2200, where previous bounces have occurred. Resistance: GBP/USD faces a crucial test around 1.2750 - 1.2800. A break above this level could propel the pair towards the psychological 1.3000 mark. Moving Averages & Bollinger Bands: The price is currently riding the upper Bollinger Band, which shows strong buying pressure. Short-term EMAs (Exponential Moving Averages) are crossing upwards, signaling potential bullish continuation. Trade Ideas & Market Outlook 📈 Bullish Scenario: If GBP/USD holds above 1.2600, it could gain further momentum towards 1.2750 - 1.2800. A confirmed breakout above 1.2800 would open doors for 1.3000. 📉 Bearish Scenario: If the price fails to sustain above 1.2600, we could see a pullback to 1.2300 - 1.2200. A break below 1.2200 would indicate bearish strength, potentially leading to 1.2000 or lower. Final Thoughts The GBP/USD is at a critical juncture, and traders should keep an eye on key levels. With fundamental catalysts like economic data and central bank policies, volatility is expected. A sustained breakout above 1.2800 could mark the beginning of a strong bullish trend, while rejection could send prices lower. 🔥 What’s Next? Keep an eye on GBP/USD and be ready to react! Let’s make 2025 the year of your financial success! 🚀💰 #GBPUSD #ForexTrading #DhandaTheGreat #Investing #TradingSignals #FinancialFreedom
Long
by DhandaTheGreat
GBPCHF - Head and Shoulders SetupHello traders, On the daily timeframe GBPCHF has been consolidating in a range. Now it is at the resistance level of the range and so we should be looking for shorting opportunities. On the lower timeframes, the 4H and 2H, it has formed a head and shoulders pattern which is a great reversal pattern. Add to this the RSI divergence which in many occasions foreshadows the change in trend. I will be entering when we get a close below the neckline on the 2H timeframe.
Short
by The_Worldy
BNB - will there be enough time for further growth in this cycleHello everyone, I invite you to review the current situation on BNB. When we enter the one-month interval, we can see how the price, after a long period of bearishness, turned into an upward trend in which it came out on top of the long-term downward trend line. Currently, we can see the movement along the upward trend line, which is also a support line for declines. Here we can see how the price is currently based on support at $ 670, however, if this support is broken, we can then see the price quickly descending again to the area of ​​a strong support zone from $ 540 to $ 460. Looking the other way, we can see that when the trend reverses, we first have a resistance zone from $ 744 to $ 810, only when we come out on top of this zone can we see further movement towards $ 893, which may open the way towards another strong resistance in the area of ​​$ 1134. The RSI indicator shows that we are staying above the upper limit, which could potentially indicate an approaching larger rebound, but before that we may still see an attempt at growth so that the indicator reaches its previous highs.
by cryptodailyuk
Ethereum’s Long-Term Bullish Outlook: Key ResistancesThis technical analysis follows a progressive wave growth pattern (Wave 1, Wave 2, and Wave 3), where previous wave bottoms evolve into key resistance levels. The long-term target is set at the zone marked by the 💲 emoji, representing a potentially achievable level if the current structure is respected. 1. Wave pattern with sequential resistances: Wave 1: The first bullish wave established an initial bottom, which, once broken, turned into resistance (R1). Wave 2: After breaking the Wave 1 bottom, the price advanced into the second wave, whose bottom is now acting as resistance (R2). Wave 3: Currently developing, with the bottom of Wave 2 serving as key resistance (R3), acting as the gateway to the long-term target. 2. Main resistance and the 💲 target: Main Resistance: This level is crucial for confirming the continuation of the bullish trend. A breakout with volume could push the price toward the target zone (💲). 💲 Target Zone: Represents the projected growth level if Ethereum maintains its structure and successfully breaks R3. This zone is the long-term target for investors with a broader outlook. 3. Importance of maintaining supports: The support provided by the Wave 2 bottom is critical to validate this move. If held, Ethereum could continue following the projected pattern. Moving averages also reinforce the structure, indicating that the bullish bias remains intact as long as no major breakdown occurs. Conclusion: The long-term target lies within the zone marked by the 💲 emoji. To reach it, Ethereum must progressively break through R1, R2, and especially R3, while respecting current support levels. This scenario presents an opportunity for a sustained bullish rally if these conditions are met. 🚀
BINANCE:ETHUSDLong
by WeLoveCryptocurrency
ADANI GREEN The stock can't be predicted clearly as there are abnormal moves due to various news. However, it's likely forming an ascending triangle (not clearly). look for bearishness if it closes below 870 on a weekly TF, and the target would be 600 again. Bullishness is only visible above 2300 or the breakout of the trendline. For a successful breakout/breakdown, we should ideally see a strong respective timeframe candle on our chart to close —it’s crucial to use that timeframe. Following the breakout/breakdown, the ideal entry point would be after a consecutive candle that breaks above/below the breakout/breakdown candle As always, remember to do your own research before making any investment decisions!
NSE:ADANIGREENLong
by ShivNetha
Technical Analysis of XAUUSD (Gold/USD) – 4H ChartTechnical Analysis of XAUUSD (Gold/USD) – 4H Chart 1. Review of Last Week’s Trend Strong Uptrend: Gold prices have been steadily rising over the past week, particularly after breaking the structure (BOS) and confirming bullish pressure. Breaking Resistance Levels: The price has moved above the equilibrium level and the PDL (Previous Day Low), approaching the premium zone. Resistance at 2800 - 2820: The red zone (Premium) indicates a strong resistance area where the price has reacted and formed a weak high. 2. Forecast for the Upcoming Week Possible Price Correction: Since the price has reached a strong resistance level (red zone), a potential pullback may occur. The PDH (Previous Day High) could act as support. Key Support Levels: PWH (Previous Week High) 2760 (aligned with the white moving average) 2740 - 2725 (aligned with the green and yellow moving averages) Two Possible Scenarios for Next Week: If the price breaks above the 2820 resistance: The uptrend may continue towards 2840 and 2850. If the price fails to break resistance: A correction towards the mentioned support zones is likely. 3. Impact of News on Gold Trump’s Policies & Geopolitical Tensions: The U.S. warning to Iran regarding Trump could increase market uncertainty, which generally benefits gold. Inflation Expectations & Fed Policies: Any signs of potential rate cuts by the Federal Reserve could further boost gold prices. Economic Data: The release of U.S. employment and inflation data in the upcoming week could significantly impact gold’s movement. Conclusion: ✅ The overall trend remains bullish, but a pullback from the 2820-2800 resistance zone is possible. ✅ Key support levels are 2760, 2740, and 2725. ✅ A breakout above 2820 could push prices towards 2850. ✅ Economic and geopolitical news will play a crucial role in price action.
SAXO:XAUUSD
by hesamdrgym
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
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
Next Week’s Market Forecast: Potential Price Correction:Next Week’s Market Forecast: Potential Price Correction: Since the price is near the Premium Zone and a resistance level, a short-term correction towards support levels may occur. Key Support Levels to Watch: Equilibrium Zone: A strong support zone around $2720 - $2730. Discount Zone: Lower support at $2617 - $2630, where buyers may step in. Continuation of the Uptrend: If the price breaks above the current resistance (Weak High at $2778 - $2780) and consolidates, it may continue its bullish momentum. Critical Levels for Traders: Monitor price action at resistance zones to confirm rejection or breakout. Use BOS and CHoCH signals to align trades with the trend. Key Support and Resistance Levels: Resistance Levels: $2780 - $2800: A major resistance zone (Premium Zone), likely to cause selling pressure. $2775 - $2778 (Weak High): Another strong resistance, which could lead to price rejection. Support Levels: $2720 - $2730 (Equilibrium Zone): An initial support zone for potential price rebounds. $2700 - $2710 (PDL): Another strong support level from previous daily lows. $2617 - $2630 (Discount Zone): A major demand zone for potential bullish reactions. Suggested Trading Strategy: Resistance Reaction: If the price reaches $2778 - $2780 and shows weakness, consider short-term selling opportunities targeting lower support levels. Support Reaction: If the price drops to $2720 - $2730 or $2700 - $2710 and reversal patterns emerge, look for buying opportunities.
SAXO:XAUUSDShort
by hesamdrgym
Historic Resistance at $264: Will SOLUSD Flip It to Support? COINBASE:SOLUSD is currently testing the key resistance level at $264.53, which has historically acted as a significant barrier. The EMA ribbon remains bullish, with the price trading consistently above it, indicating strong upward momentum. The ascending trendline, which has provided reliable support in the past, continues to guide the price action upward. A divergence on the TSI is evident, with the oscillator previously trending lower while the price maintained its upward trajectory. This suggests that the bulls are gaining strength and exerting pressure on the resistance. The TSI has recently crossed above the zero line, confirming a bullish momentum shift. The Signal Builder has provided upward signals recently, aligning with the current market structure. A breakout accompanied by a strong candle close above the resistance could flip this level into support, opening the door for potential new all-time highs. 👨🏻‍💻💭 What are your thoughts on SOLUSD's potential breakout? Could this lead to a rally beyond the resistance? Share your perspective! __ The information and publications within the 3Commas TradingView account are not meant to be and do not constitute financial, investment, trading, or other types of advice or recommendations supplied or endorsed by 3Commas and any of the parties acting on behalf of 3Commas, including its employees, contractors, ambassadors, etc.
CRYPTO:SOLUSDLong
by 3Commas
Will Trump continue to increase Solana?Hi all, let's look at the 1W SOL to USDT chart, as you know there is a lot of confusion about Solana, because Trump announced that he is considering it for the US reserve. However, here we can see how the price is moving in a specific uptrend channel, in its upper limit which so far has not been able to be positively broken. Let's start by defining the targets for the near future that the price must face: T1 = 265 USD T2 = 291 USD T3 = 324 USD Now let's move on to the stop-loss in case the market continues to fall: SL1 = 247 USD SL2 = 236 USD SL3 = 220 USD SL4 = 200 USD Looking at the STOCH indicator, we can see that we have bounced off the middle of the range, which has given rise to the current increases, and there is still room for the price to go higher, but considering that any event related to Trump can have a major impact on the market, one should be extremely careful.
COINBASE:SOLUSD
by cryptodailyuk
CHoCH (Change of Character) in Crypto TradingWhat is CHoCH? CHoCH (Change of Character) is a concept from Smart Money Concept (SMC) used in technical analysis. It signals a shift in market behavior and often marks the beginning of a new trend phase, whether a trend reversal or consolidation. Unlike Break of Structure (BoS), which confirms trend continuation, CHoCH indicates a potential change in direction. --- How to Identify CHoCH? 1. In an Uptrend: Price forms Higher Highs (HH) and Higher Lows (HL). If the price breaks the last HL but fails to create a new HH, this is CHoCH, signaling a potential bearish reversal. 2. In a Downtrend: Price forms Lower Lows (LL) and Lower Highs (LH). If the price breaks the last LH but does not form a new LL, this is CHoCH, suggesting a bullish reversal. --- How to Trade CHoCH? CHoCH is a powerful tool for spotting trend weakness and entering trades early. 1. Spotting Trend Weakness: In an uptrend, if the price fails to make a new HH and breaks the last HL, a trend shift might be occurring. In a downtrend, if the price fails to form a new LL and breaks the last LH, expect bullish momentum. 2. Entry Strategies After CHoCH: Wait for confirmation with a retest of the key level. Use volume indicators to check if the breakout is significant. Enter the trade after the retest of the broken support/resistance level. 3. Combining CHoCH with Other Tools: CHoCH works well with Order Blocks, Liquidity Zones, and Fair Value Gaps (FVG). Volume analysis helps confirm institutional activity in the trend change. --- CHoCH Trading Example Imagine an uptrend where price forms Higher Highs (HH) and Higher Lows (HL). Suddenly, the price fails to create a new HH and breaks the last HL. This is CHoCH, suggesting a potential shift from bullish to bearish. 💡 Traders can use this signal to exit long positions and prepare for short setups.
BINANCE:1000SHIBUSDT.PEducation
by Max_Pr0fit
Will ETH take the direction of growth?Hi everyone, let's look at the 1D ETH to USDT chart, in this situation we can see how the price is moving in a downtrend channel, currently there is no indication of which direction it will go. Let's start by defining the targets for the near future that the price has to face: T1 = 3357 USD T2 = 3502 USD Т3 = 3600 USD Т4 = 3729 USD Now let's move on to the stop-loss in case the market continues to fall: SL1 = 3211 USD SL2 = 3016 USD SL3 = 2877 USD SL4 = 2704 USD If we look at the MA indicator we can see how the blue line has entered above the orange one, which indicates the entry into a temporary uptrend, where the price may try to continue to grow.
INDEX:ETHUSD
by cryptodailyuk
BITCOIN 1HR ANALYSIS 🚨 BITCOIN 1-Hour Analysis 🚨 Here’s what we’re watching: 📈 Upside Targets: • TP1:105800 • TP2: 107700 📉 Downside Targets: • TP1: 102900 • TP2: 104400 So we have to watch out for $104300- $104800level. If BTC stays below then you can target downside targets and if above then you can target above levels mentioned as TP(take profit) Keep an eye on key levels and trade smart! 💹 What’s your take? Drop a comment below and share this with your trading crew! 🚀
BYBIT:BTCUSD.P
by ProfitMatrix
Will BTC continue its uptrend?Hi all, let's look at the 1D BTC to USDT chart, in this situation we can see how the price has broken out of the downtrend line and currently we can see how we are struggling to move towards the recent ATH at $108700. Let's start by defining the targets for the near future that the price must face: T1 = 106275 USD T2 = 108476 USD Т3 = 112839 USD Т4 = 115756 USD Т5 = 118876 USD Now let's move on to the stop-loss in case the market continues to fall: SL1 = 102746 USD SL2 = 100744 USD SL3 = 99094 USD SL4 = 97479 USD SL5 = 95161 USD It is worth taking a look at the MACD indicator, which shows that we have entered an uptrend again, and here we have a visible place for this trend to continue. Additionally, on the SMAs 20 and 50 we can see how we are getting closer to returning to a strong uptrend.
COINBASE:BTCUSD
by cryptodailyuk
SOL as a US reserve? Trump's new idea.Hello everyone, I invite you to a review of SOL paired with USDT over a wide interval of one weekend. As we can see, the price was moving in a downtrend channel from which the top emerged and here you can see how we are staying above this channel. We also have a visible upward trend line along which the price is currently moving to maintain the upward trend. Going further, it is worth noting that the price again returned above the support zone from $203 to $185, and below the zone there is strong support at $165, which kept the price from falling to around $142. Looking the other way, it can be seen that the price first has to face a very strong resistance zone from $238 to $261, only when it manages to break out of it, the path towards $300 will open.
Long
by cryptodailyuk
ETC/USDT - 1W interval Chart Hello everyone, I invite you to review the ETC pair to USDT chart, taking into account the interval of one weekend. As we can see, the price is currently in the support zone from the level of $25.60 to the level of $24.27, but if the zone is broken, we still have visible support at the level of $21.85 and then we can see a drop to the level of $17.55. Looking the other way, when the trend reverses, the important resistance level is $29.35, then the resistance level is $33.30, and the next significant level is $36.26.
by cryptodailyuk