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Support and Resistance

USNAS100 - Bullish Correction then Bearish Resuming!USNAS100 Analysis – February 26, 2025 📉 Bearish Momentum Holding Below Resistance The NASDAQ 100 (USNAS100) continues to exhibit bearish pressure, trading below 21,390, which now acts as a key resistance level. The price has stabilized above 21,166, suggesting a possible short-term correction toward 21,390 before resuming its downtrend. Technical Outlook 🔻 Bearish Scenario: As long as USNAS100 remains below 21,390, the bearish momentum is expected to persist, with downside targets at 21,250 and 21,166. A 4H or 1H candle close below 21,166 would confirm further selling pressure, pushing the price toward 20,987 and 20,885. 📈 Bullish Reversal: If the price stabilizes above 21,390, a short-term recovery could lead to a retest of 21,560 and 21,807, signaling a potential shift in momentum. 📉 Correction Movement: The price is likely to retest 21,390 from 21,220 as part of a correction phase before resuming its decline. ⚠️ Market Impact: Geopolitical tensions and U.S. tariff policies continue to pressure equity markets. The uncertainty surrounding trade relations is weighing on investor sentiment, reinforcing a cautious market outlook. Key Levels to Watch 🔸 Resistance: 21,390 | 21,560 | 21,807 🔹 Pivot Zone: 21,220 🔻 Support: 21,166 | 20,990 | 20,885 📉 Directional Bias: Bearish below 21,390 – A confirmed breakdown below 21,166 would accelerate downside momentum. Previous idea: |
OANDA:NAS100USDShort
by SroshMayi
GOLD → Retest of risk zone 2880. A pullback is possibleFX:XAUUSD is breaking the local trend and is testing the panic and risk zone of 2880 as part of the correction. A retest of this area will increase the chances of a trend change Gold is losing growth due to uncertainty of Trump's tariff plans and economic problems in the US. Contradictory statements from the president are supporting the dollar, while rising bond yields are holding back gold prices. Markets are waiting for US GDP data: if the figures are lower than forecast (2.3%), gold may rise. Fed speeches are also important, but the key will be Trump's statement, which may change the market sentiment Technically, locally we have a bearish market structure and in this case we expect the decline to continue after a small correction. Support levels: 2878, 2888 Resistance levels: 2890, 2907 False breakdown of the above support, after such a strong fall, may form a correction. Initially, the price may head towards 0.5 Fibo, after a small pullback we may test 0.7 Fibo. But then we will have to watch the price reaction. If the gold will go down, the focus will be on 2880. If the movement will be difficult and the price will start to test the resistance, then in this case, against the background of high risks, we can return to the growth phase. Regards R. Linda!
FX:XAUUSDShort
by RLinda
14
OPUSDT → There's still a chance for an alt seasonBINANCE:OPUSDT is showing positive momentum relative to what bitcoin has put up this night. The coin is in consolidation and testing trend resistance The main reason for the lack of an altcoin season is bitcoin's huge dominance of the cryptocurrency market. The fall of BTC (open channel to 75K) and further growth after the formation of an intermediate bottom in the 75-80K zone may reduce the dominance phase, which in general will give a chance to the altcoin market, which is going through bad times. I like OP in the fact that it is not falling in the wake of the flagship, but stands in consolidation, where we have clear boundaries for strategy formation. Focus on resistance: 1.212. Resistance levels: 1.212 Support levels: 1.044, 0.983 Thus, a break of the resistance at 1.212 could trigger a rally and an attempt to change the trend. It may happen after correction to 0.5 fibo, or after formation of pre-breakdown consolidation on H1-H4. The structure of the setup will be broken if the coin starts to break 1.044-0.983. Regards R. Linda!
Long
by RLinda
3
Silver’s Bullish Momentum: Favorable Risk-Reward Setup Ahead! 📊 Market Context: Silver (XAG/USD) has been displaying strong bullish momentum, consistently forming higher highs and higher lows, indicating an uptrend. Recently, the price action has successfully broken out of key resistance zones, turning them into support. This suggests that buyers are stepping in at higher levels, reinforcing the bullish structure. One of the primary catalysts supporting silver's rally is the expected weakness in the U.S. dollar (DXY). A softer dollar typically makes silver more attractive as an investment, increasing demand from traders and institutions. Additionally, macroeconomic uncertainty and potential shifts in central bank policies further enhance silver’s appeal as a safe-haven asset. Beyond technical and macroeconomic factors, silver has a strong industrial demand, playing a crucial role in sectors like electronics, solar energy, and electric vehicles. With the ongoing push for green energy and infrastructure development, silver's utility is only expected to grow, providing long-term bullish support. 📌 Trade Setup: Entry: Silver is holding above key support levels, confirming strength. Stop-Loss: Below $31.10 to manage risk effectively. Targets: $33.20, $34.37, and $35.81, aligning with key resistance levels. 💡 Why I’m Bullish: ✅ Technical Breakout – Higher highs & higher lows confirm a strong uptrend. ✅ USD Weakness – A falling dollar supports metals. ✅ Industrial Demand – Growing global use in key sectors boosts silver prices. I’ve marked the support & resistance levels on the chart. Let me know your thoughts! Are you bullish on silver? 🚀 All the best. Gratify if you appreciate the practice then you can like it, share it and If you want me to investigate any chart for you then would cherish doing that for you. Thank you for your time and support. Stay safe. #Silver #XAGUSD #Trading #TechnicalAnalysis #Metals #Forex #Bullish #CommodityTrading
TVC:SILVERLong
by Anany_shringi
XAUUSD BUY AND SELLGold price is unable to hold on to the modest gains booked on Wednesday as buyers and sellers enter a tug-of-war situation early Thursday, courtesy of the uncertainty around US President Donald Trump’s tariff plans and lingering US economic concerns. Gold price outlook appears more or less the same from a short-term technical perspective. So long as the Gold price defends the 21-day Simple Moving Average (SMA) at $2,890 and the 14-day Relative Strength Index (RSI) sits above 50, the bullish potential will likely remain intact. Gold buyers could retest the all-time highs at $2,956 on acceptance above the previous day’s high of $2,930. The next topside barriers are seen at the $2,970 resistance and the $3,000 threshold. However, if sellers crack the 21-day SMA at $2,890 on a daily candlestick closing basis; the downside could open toward the February 14 low of $2,877. The last line of defense for Gold buyers is at the $2,850 psychological barrier. 🔥Buy Gold $2880 -> $2876 SL $2870 TP 1->$2885 >2->$2890 >3->$2900 🔥Sell Gold $2941 -> $2938 SL $2950 TP 1->$2935 >2->$2925 >3->$2910
OANDA:XAUUSD
by JasmineScalper
BTC/USDT Technical Analysis – Rounding Top Breakdown 🔹 Asset: Bitcoin (BTC/USDT Perpetual Futures) 🔹 Timeframe: 1D (Daily) 🔹 Exchange: MEXC 📊 Market Overview: Bitcoin has formed a rounding top pattern, a classic bearish reversal structure, leading to a strong downtrend. The price has recently broken below key support levels, indicating further downside pressure. 📉 Key Technical Factors: ✅ Rounding Top Formation: The gradual loss of bullish momentum followed by an aggressive sell-off confirms a trend reversal. ✅ Accelerating Downtrend: Angled resistance lines highlight the declining bullish strength, with negative slope angles reinforcing downward momentum. ✅ Critical Support Zone: BTC is currently testing a key support area (~$74,000 - $72,000). A breakdown below this level could accelerate the decline. 📌 Potential Trade Setups: Bearish Scenario: If BTC breaks below the $74,000 support zone, we could see further downside towards $70,000 or even $65,000 in the short term. Bullish Reversal: A strong bounce from the current support level with increased volume could invalidate the bearish outlook, pushing BTC back toward $90,000+ resistance. 🔥 Conclusion: Bitcoin's structure is bearish, with the rounding top pattern playing out as expected. Traders should watch for a confirmed support breakdown or bounce to determine the next move. 🔔 Manage risk and stay updated for further developments! 🚀
Short
by MangoMan4
2
DeGRAM | EURGBP retest of the demand zoneEURGBP is in a descending channel, in the demand zone between the trend lines. The price is moving from the lower boundary of the channel and dynamic support, which has previously become a rebound point. The chart has formed a harmonic pattern. Indicators on the 1H Timeframe point to a bullish convergence. We expect growth after the retest of the lower boundary of the demand zone. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Long
by DeGRAM
7
The Right Questions to Ask Before Entering a TradeEvery day, traders—especially beginners—ask the same recurring question: ❓ What do you think Gold will do today? Will it go up or down? While this seems like a logical question, it’s actually completely wrong and one that no professional trader would ever ask in this way. Trading is not about predicting the market like a fortune teller. Instead, it's about analyzing price action, managing risk, and executing trades strategically. So, instead of asking, "Will Gold go up or down?" , a professional trader asks three critical questions before taking any trade. Let's break them down. ________________________________________ Step 1: Identifying the Right Entry Point Let’s say you’ve done your analysis, and you believe Gold will drop. That’s great—but that’s just an opinion. What really matters is execution. 🔹 Where do I enter the trade? Professional traders don’t jump into the market impulsively. They use pending orders instead of market orders to wait for the right price. If you believe Gold will fall, you shouldn’t just sell at any price. You need to identify a key resistance level where a reversal is likely to happen. For example: • If Gold is trading at $2900, and strong resistance is at $2920, a professional trader will set a sell limit order at that resistance level rather than shorting randomly. This approach ensures that you enter at a strategic point where the probability of success is higher. ________________________________________ Step 2: Setting the Stop Loss 🔹 Where do I place my stop loss? A trade without a stop loss is just gambling. Managing risk is far more important than being right about market direction. The key is to determine: ✅ How much risk am I willing to take? ✅ Where is the invalidation level for my trade idea? For example: • If you are shorting Gold at $2920, you might place your stop loss at $2935—above a recent high or key technical level. • This way, if the price moves against you, you have a predefined maximum loss, avoiding emotional decision-making. Professional traders never risk more than a small percentage of their account on a single trade. Risk management is everything. ________________________________________ Step 3: Setting the Take Profit Target 🔹 Where do I set my take profit, and does the trade make sense in terms of risk/reward? Before taking any trade, you must ensure that your reward outweighs your risk. For example: • If you risk $15 per ounce (short at $2920, stop loss at $2935), your take profit should be at least $30 away (for a 1:2 risk/reward). • A good target in this case could be $2890 or lower. This means that for every dollar you risk, you aim to make two dollars—ensuring long-term profitability even if only 40-50% of your trades succeed. If the trade doesn’t offer a good risk/reward, it’s simply not worth taking. ________________________________________ Conclusion: The “Set and Forget” Mentality Once you’ve answered these three key questions and placed your trade, the best approach is to let the market do its thing. ✅ Set your entry, stop loss, and take profit. ✅ Follow your trading plan. ✅ Avoid emotional reactions. Many traders lose money because they constantly interfere with their trades—moving stop losses, closing positions too early, or hesitating to take profits. Instead, adopt a professional approach: set your trade and let it run. 📌 Final Thought: The next time you find yourself asking, “Will Gold go up or down today?” , stop and ask yourself: 📊 Where is my entry? 📉 Where is my stop loss? 💰 Where is my take profit, and does the risk/reward make sense? This is how professional traders think, plan, and execute—and it’s what separates them from amateurs. 👉 What’s your biggest struggle when it comes to executing trades? Let’s discuss in the comments! 🚀 Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
TRADENATION:XAUUSDEducation
by Mihai_Iacob
#XAUUSD Daily#XAUUSD Daily 1. Supply Zone (Upper Blue Box at ~2,942.78) • This represents a resistance level where sellers are active. • The price initially touched this level and reversed downward. 2. Demand Zone (Lower Blue Box at ~2,860 - 2,790.17) • This acts as a potential support level where buyers might step in. • If the price falls into this zone, it could rebound. 3. Current Price: 2,884.480 (-1.09%) • The price is pulling back after hitting the supply zone. • It is approaching the demand zone, where a reaction might occur.
OANDA:XAUUSD
by TraderAceAcademy
Profitable EUR/USD Trade – Sell Setup ExplainedHello everyone 🙋‍♂️ SELL Signal for EUR/USD • Entry Price: 1.04649 • Stop Loss: 1.05403 • Take Profit: 1.03532 • Timeframe: 4H (4 hours) Analysis • The price has broken below an ascending channel, indicating a possible bearish trend. • If the price continues to drop, it may reach 1.03532 as the target. • The risk/reward ratio looks favorable. Note: Always follow proper risk management as market conditions can be volatile.
by Singnals_provider_King
1
NICKEL - Sell Setup at Key Resistance LevelPEPPERSTONE:NICKEL has reached a significant resistance zone, highlighted by previous price reactions and strong selling interest. This area has historically acted as a key supply zone, increasing the likelihood of a bearish reversal if sellers regain control. The current market structure suggests that if the price confirms resistance within this zone, we could see a bearish move. A successful rejection could drive the price toward 15.6220, a logical target based on previous price behavior and the current market structure. However, if the price breaks above this zone, the bearish outlook may be invalidated, opening the door for further upside. Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management. Best of luck!
PEPPERSTONE:NICKELShort
by TrendDiva
4
Supply & Demand for BTC.d <---> ETHBTCA notable change may be occurring in the market dynamics surrounding Bitcoin dominance, which reflects BTC’s share of the overall cryptocurrency market. Recently, it has displayed a shooting star candle, indicating a potential decline in BTC’s market influence. These signs point towards the beginning of an alt season, a time when alternative cryptocurrencies tend to outperform Bitcoin. With BTC stabilising around the significant $100k mark, the environment appears ripe for altcoins to attract investor interest. The upcoming weeks will be crucial in assessing whether this trend will gain traction, possibly transforming the market landscape for 2025. Bitcoin experienced an impressive 2024, achieving new milestones and reinforcing its status as the market frontrunner. As we move into 2025, BTC remains robust, yet a shift in market dynamics may be imminent. Historically, Bitcoin’s dominance tends to wane when altcoins start to gain momentum, and this year might follow that pattern. As Bitcoin finds stability around crucial price points, we often see liquidity shifting towards altcoins, sparking what many refer to as an alt season. Historically, during these times, altcoins tend to surpass Bitcoin in performance, offering significant returns for those investors ready to explore beyond BTC. With TOTAL3 approaching new price discovery and Bitcoin's dominance on the decline, the potential for altcoins to take center stage is becoming more apparent. The crucial factor for BTC.d to unlock is how ETH performs against BTC. With the ETH/BTC ratio below 0.03, it appears appealing, but until it begins to rise, the alt season will be postponed. Alt season typically arises when Bitcoin dominance is high, not when it's low. Typically, Bitcoin dominance tends to decrease in the years following a halving event. Therefore, I suspect that by the end of the year, dominance will be in the negative. However, up to this point, we have seen an increase in dominance this year.
CRYPTOCAP:BTC.D
by BallaJi