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Supply and Demand

BTC/USD Approaches Critical Resistance: Breakout or Pullback?Based on the BTC/USD chart, the price is approaching a significant resistance zone near the ATH (All-Time High) at 73,814. A breakout above this level could lead to a strong upward movement, with potential targets at 76,377 and higher, possibly reaching new ATH levels around 90,000 and 100,000 USD per Bitcoin. However, if the price faces resistance at this zone, a pullback could occur towards the first support area around 64,905 (pivot line). Should the decline continue, the next support levels are at 62,407 and 59,944, with a stronger correction likely if these levels are breached. Key Levels: Resistance Area: 73,814 (ATH), 76,377 Support Areas: 64,905, 62,407, 59,944 Potential Demand Zone: 52,791 Directional Outlook: Bullish: A breakout above 73,814 could signal a bullish rally toward 90,000 and 100,000. Bearish: A failure to break through the resistance at 73,814 may result in a pullback toward the support levels, with 64,905 being the first target. In summary, the current trend is bullish as long as BTC/USD remains above the pivot zone, with strong resistance ahead. A breakout will be key for further upward momentum. previous idea:
BITSTAMP:BTCUSDShort
by SroshMayi
1
What do you think will happen to btc?our trend is upward, as you can see, and our priority is a long position in the direction of the trend, but we can do a little risky work, why? 🤔 The candlesticks are telling us that Rondo is weak. Also, there is a strong daily resistance area that has hit it and started to fall. We could get a reaction or if the channel is broken, I think it is possible to open a short position, but you have to save profit very soon, at least r2, and I have specified the supports that I think can react. If your strategy gives you a short position, I think you should open it with low risk. Because you did not get the approval of the change of the process😶‍🌫️ stay alive.🫡 ⚠️ Do capital management ⚠️
Short
by parsa_xa
EURUSD Potential LongAs EURUSD stalls at the immediate demand level talked about in the previously shared idea, our expectation was to see bullish price action print, which was delivered with Friday closing very bullish. While this was expected, it does not appear the buy move is ready as there are still some bears lingering in this market. With this in mind, my anticipation for this week is to see the Fiber trade above last Thursday's high (1.0874) where we have sell-stops sitting in the interim. Clearing this liquidity should be sufficient in seeing price roll deeper into that demand where we expect to see the bulls take charge for a bit, 1.0808 being the price of interest for buying. Should price print as predicted, we should have a retracement buy move play into our hands. See y'all mid-week,GLGT!! LloydFx
Long
by LloydFX
Bitcoin - The return of Trump, the rise of Bitcoin?!Bitcoin is above the EMA50 and EMA200 in the 4H timeframe and is trading in its ascending channel Risk ON sentiment in the US stock market or investing in Bitcoin ETF funds will lead to its continued upward movement Capital withdrawal from Bitcoin ETFs or Risk Off Sentiment in the US stock market will pave the way down for Bitcoin, which can be found in the two defined demand zones, looking for Bitcoin buying positions It should be noted that there is a possibility of heavy fluctuations and shadows due to the movement of whales in the market, and compliance with capital management in the cryptocurrency market will be more important
COINBASE:BTCUSDLong
by Ali_PSND
Nasdaq - Nasdaq will maintain the balance of 20,000?!The index is above the EMA200 and EMA50 in the 4H timeframe and is trading in its ascending channel If the drawn support range is maintained, we can see the index continue to climb up to the previous ATH But the valid break of the drawn support range will pave the way for the correction of the index to the bottom of the ascending channel Within the defined demand zone, one can look for index buy positions with appropriate risk-reward
CAPITALCOM:US100Long
by Ali_PSND
1
Must I Trade The Current Trend, If Yes, Then Am Bullish On GBPUSOANDA:GBPUSD Emphatically, I analyze and trade the current flow, or what you can also call the current price action, looking at the 4H Timeframe you can notice a strong buy momentum, creating new structures and leaving gaps behind to be mitigated or filled, once that is achieved by a pullback, which will also take out the liquidity, GBPUSD will irresistibly continue the rally to make a new higher high. Sit back and watch, or do your own research and join the flow. If I may ask, what would you have done currently, considering the latest steady movement, Buy or Sell?
Long
by Samchi01
1
Gbpusd new demand zoneHello everyone, I've identified a fresh demand zone in the GBP/USD pair, and the location looks quite promising. You can approach this trade in two ways: either set a buy limit at the weekly demand zone or use price action to enter on lower timeframes. Personally, I use both strategies. As always, it's essential to apply proper money management and never trade without setting an appropriate stop-loss. Remember, trading is a game of probabilities, so your success should be evaluated over a series of trades, not just one. Thanks!
Long
by MohammedFaysal
XAU/USD 21 October 2024 Intraday AnalysisH4 Analysis: -> Swing: Bullish. -> Internal: Bullish. Analysis and bias remain unchanged from yesterday's analysis dated 20 October 2024. Price has printed both a bullish iBOS and a subsequent BOS. Driven by the Fed's dovish stance and escalating geopolitical tensions, gold, as a safe-haven asset, has continued its upward surge. The swing low has been brought significantly closer. A break of this swing low would confirm the initiation of a pullback phase across all higher timeframes (HTFs). Following the BOS and iBOS, we expect a pullback. The first indication, but not confirmation, would be price printing a bearish CHoCH, denoted by a blue dotted line. At this stage, there are no signs of a pullback, so price could continue higher to bring CHoCH positioning closer to current price action. H4 Chart: M15 Analysis: -> Swing: Bullish. -> Internal: Bullish. Price has continued to surge, driven by a softer stance from the Fed and increasing geopolitical tensions. Since the last analysis, price has printed a BOS followed by a series of bullish iBOS’. The internal range of iBOS has narrowed, with price now targeting the weak internal high after reacting from the M15 demand zone. Intraday Expectation: Price is expected to target the weak internal high. M15 Chart:
OANDA:XAUUSD
by Khan_YIK
Alikze »» ADA | Upward wave 3 scenario - 12H🔍 Technical analysis: Upward wave 3 scenario - 12H - In the analysis presented earlier in the weekly time frame, after the correction in the green box, it is currently in the range of the green box, which can continue its upward trend if it stabilizes above the green box. - In the 12-hour time frame, it is moving in an ascending channel, so far it has reacted positively to the dynamic trigger of the bottom of the channel several times. - Currently, a motivational wave has been created in the area of ​​the bottom of the channel, which can continue its advance until the middle of the channel and the supply area. 💎 According to the previous zigzag movements, the recent correction in the bottom of the channel has been a response to the AB=CD movement cycle. ⚠️In addition, if the Invalidation LVL area is touched, the ascending scenario is invalidated and must be updated again.⚠️ »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»««« BINANCE:ADAUSDT
Long
by alikze
Adani Power at SupportThe strongest Adani Group company with sound financials and comfortably manageable debt along with sound current ratio. Stock P/E - 14.8 ROCE 5Yr - 16.6 % ROE 5Yr - 39.2 % Debt to equity - 0.80 Current ratio - 1.60 The technical chart pattern suggest an entry. Note: The idea is intended to spread awareness regarding the ratios that you should consider before investing and the chart reading done. Any financial commitment will solely be your risk and should be done after thorough research.
NSE:ADANIPOWERLong
by Gaurav_Singh_5705
NQ Power Range Report with FIB Ext - 10/21/2024 SessionCME_MINI:NQZ2024 - PR High: 20523.75 - PR Low: 20496.00 - NZ Spread: 62.25 No key scheduled economic events Minor weekend gap up, quickly filled - Maintaining previous week range Session Open Stats (As of 2:35 AM 10/21) - Weekend Gap: N/A - Session Gap 7/24: -0.32% (open > 19946) - Gap 10/30/23 +0.47% (open < 14272) - Session Open ATR: 288.63 - Volume: 18K - Open Int: 238K - Trend Grade: Bull - From BA ATH: -3.3% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 20954 - Mid: 19814 - Short: 17533 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions. BA: Back Adjusted BuZ/BeZ: Bull Zone / Bear Zone NZ: Neutral Zone
CME_MINI:NQZ2024Short
by mv3trader5
EURUSD Multi Timeframe Analysis 21.10.202415m Swing, Internal,Fractal Bearish We now have mitigated the premium of the 15m swing structure What expected is, internal 15m bearish order flow to continue and internal unmitigated supply to hold. Or Asia high get swept and bearish momentum kick in. But we are now in Daily internal unmitigated demand zone and bullish reaction is very likely. On my analysis from Friday, I said Friday's Daily candle could close as inside bar and that happened. What I now expect is, price to mitigate upper 4H Supply and also 15m Supply nested in 4H Supply, give us another 4H fractal fake bullish break, sweep the low, use as fuel for bullish leg. But as we trade the fact and not the expectations, that is my long plans once HTF switched to Bullish, and I will look for quick shorts once 4H supply mitigated or follow the 15m bearish of once i am convinced.
by alplaila
INDUSINDBK--@Near Its Demands??This stock broken the previous resistance at 1275 zone strongly, now price is approching the same zone in a corrective manner after a long time, we have a trendline liquidity lies above the 1500,1550 and 1579 areas. A strong demand zone is observed at 1160 levels, these are the 2 buying zones in Indusindbank. 1 at Demand and another at Resistance zone acts as support, if price clears the trendline liquidity from previous resistance zone acts as support zone, then the resistance at 1700 pushes the price down then it will test the demand zone at 1150 by clears the liquidity at 1250 zone, and then price moves higher and higher. so look for buying oppurtunity in this stock for continuity in long direction.
NSE:INDUSINDBKLong
by IIT-Trader