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Support and Resistance

GBPUSD InsightHello, subscribers! Please share your personal opinions in the comments. Don't forget to like and subscribe! Key Points - Former U.S. President Trump mentioned "April 2" when asked about the timing of tariffs on Canada and Mexico. Given that the initial implementation date was set for March 4, this indicates a one-month delay. - Concerns over a tariff war between the U.S. and the EU are gaining attention. Trump confirmed plans to impose a 25% tariff on EU products and stated that specific measures would be announced soon. The EU is expected to retaliate. - Markets anticipate that the Fed will likely keep rates unchanged in March, with attention focused on the PCE price index. Key Economic Events This Week + February 28: Germany’s February Consumer Price Index (CPI), U.S. January Personal Consumption Expenditures (PCE) Price Index GBPUSD Chart Analysis The pair continues to test the trendline resistance following its recent rally. The next directional move will be determined in this zone. If it successfully breaks above the 1.27000 resistance, the price could rise toward 1.31000. If it fails, a pullback toward 1.25000 is expected.
by shawntime_academy
RIOT Stock Chart Fibonacci Analysis 022625Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 8.9/61.80% Chart time frame: B A) 15 min(1W-3M) B) 1 hr(3M-6M) C) 4 hr(6M-1year) D) 1 day(1-3years) Stock progress: A A) Keep rising over 61.80% resistance B) 61.80% resistance C) 61.80% support D) Hit the bottom E) Hit the top Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern. When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point. As a great help, tradingview provides these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved. If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks. If want to prefer long term range trading, you can set the time frame to 1 hr or 1 day.
NASDAQ:RIOT
by fibonacci6180
GBP/USD Poised for a Pullback at Key ResistanceTrend Identification: Since early January, GBP/USD has been trading within an Ascending Channel indicating an Uptrend. Resistance Level: The pair has reached a significant horizontal resistance level around 1.2700, So GBPUSD can Drop to the Lower Support Trend Line of the Channel. Disclaimer: Trading involves risk, and this analysis is for educational purposes only. Traders should perform their own due diligence and risk assessment before executing any trades.
Short
by PrabuddhaPeramuna
NVIDIA Stock Chart Fibonacci Analysis 022625 Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 125/61.80% Chart time frame: C A) 15 min(1W-3M) B) 1 hr(3M-6M) C) 4 hr(6M-1year) D) 1 day(1-3years) Stock progress: A A) Keep rising over 61.80% resistance B) 61.80% resistance C) 61.80% support D) Hit the bottom E) Hit the top Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern. When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point. As a great help, tradingview provides these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved. If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks. If want to prefer long term range trading, you can set the time frame to 1 hr or 1 day.
NASDAQ:NVDA
by fibonacci6180
USD/CAD rallies for fourth day into resistanceUSD/CAD has continued higher for a fourth day, but I suspect this is part of a countertrend move around a larger move lower. Market positioning his extreme levels of record short exposure to CAD futures last year, and many of these bears refused to return despite USD/CAD continuing higher. The sharp reversal lower from 1.48 also suggests we have seen a significant top on the pair. I am now seeking evidence of a swing high around the 1.4386 HVN (high-volume node) and for momentum to realign with the sharp selloff witness at 1.48. Matt Simpson, Market Analyst at City Index and Forex.com
Short
by CityIndex
MOLSON COORS Stock Chart Fibonacci Analysis 022625Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 56/61.80% Chart time frame: D A) 15 min(1W-3M) B) 1 hr(3M-6M) C) 4 hr(6M-1year) D) 1 day(1-3years) Stock progress: A A) Keep rising over 61.80% resistance B) 61.80% resistance C) 61.80% support D) Hit the bottom E) Hit the top Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern. When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point. As a great help, tradingview provides these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved. If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks. If want to prefer long term range trading, you can set the time frame to 1 hr or 1 day.
NYSE:TAP
by fibonacci6180
AUD/USD dip could be nearing its inflection pointAfter a 3-week rally which stalled around the 64c handle with a shooting star candle, a pullback was almost inevitable. but we have already seen AUD/USD fall for four consecutive days, and recent history shows its bearish streaks tend to max out at five down days. Given support is nearby and the AU-US 2-year yield is rising, I am now seeking a swing low around the 0.62750 - 0.6300 area for at least a minor bounce. But if the recent swing low on the US dollar index gives way, perhaps something much bigger. A break above 0.6420 opens up a run to 0.6500. Matt Simpson, Market Analyst at City Index and Forex.com
Long
by CityIndex
1
UMA/USDT: Confirmed Breakout – Is a Major Rally Ahead?🔹 Confirmed Downtrend Breakout & Retest: UMA has successfully broken out of its long-term downtrend and is now retesting its breakout zone, confirming strong support for a potential rally. 🔹 Descending Channel Support & Reversal Zone: The price is trading near the lower boundary of a descending channel, a critical area that could act as a launchpad for upward movement. 🔹 MACD Bullish Divergence: A potential bullish crossover on the MACD suggests a shift in momentum to the upside. 🔹 Historical Explosive Moves (325% & 125% Gains): Previous breakouts from similar setups have led to major surges. If this pattern holds, UMA could be poised for another strong move. 🔹 RSI Rebounding from Oversold Levels: The RSI indicator is showing signs of strength, indicating that the asset is in a favorable accumulation zone. 📍 Target Price Levels (TP): 🎯 2.231 🎯 3.077 🎯 4.242 🎯 5.674 🎯 7.337 🎯 10.000 (Final target) 📉 Current Entry Zone: $1.42 - $1.49 📌 Trade Setup Summary: ✔ Breakout Confirmed 🔄 Retest in Progress 📈 Bullish Indicators Aligning 🎯 Potential Upside Targets Set 🚨 Disclaimer: This analysis is for educational purposes only and should not be considered financial advice. Always conduct your own research before making any investment decisions.
Long
by MasterSaad
BigCommerce | BIGC | Long at $7.15BigCommerce NASDAQ:BIGC is growing. Revenue in FY2020 was $152 million and in FY2024 it rose to $333 million. In 2025, the company is targeting $342.1M-$350.1M revenue with focus on B2B growth. Free cash flow in FY2024 was positive for the first time at $22 million. Stay cautious, however, with a high debt-to-equity ratio of 6x... insiders have recently grabbed $100k+ in shares as well as awarded themselves options. While the price gap near the mid $5 range may be closed in the near-term, the longer-term outlook here seems positive unless the company fundamentals change. The price has also entered my historical simple moving average zone/lines, which is often a bullish signal. Thus, at $7.15, NASDAQ:BIGC is in a personal buy zone. Targets: $8.00 $9.00 $10.00 $11.00
NASDAQ:BIGCLong
by WorthlessViews
Ethereum - Watch This Massive Support!Ethereum ( CRYPTO:ETHUSD ) is weak but testing strong support: Click chart above to see the detailed analysis👆🏻 The entire crypto market is currently not able to stop the bleeding and also Ethereum just dropped another -20% over the past three days. It might seem like a horrible scenario but overall Ethereum is still in a bullish market. Just watch the final confluence of support now. Levels to watch: $2.000, $4.000 Keep your long term vision, Philip (BasicTrading)
CRYPTO:ETHUSDLong
by basictradingtv
6
Applied Materials | AMAT | Long at $169.75Republican Ashley Moody recently dropped $200k-$500k on Applied Materials $NASDAQ:AMAT. The semiconductor boom may not be over... Price-to-earnings: 21.68x (great in comparison to others...) Debt-to-equity: 0.34x (low) Cash flow: $10.4 billion (FY2024) Insiders awarded options recently Unless NASDAQ:NVDA brings the market down, NASDAQ:AMAT is in a personal buy zone at $169.75. While the price may dip in the near-term to the $140s, bullish until the semi boom dies... Targets: $195.00 $215.00 $240.00
NASDAQ:AMATLong
by WorthlessViews
Incoming $1trillion dollar correction for crypto people... ** weeks ahead ** Is the market top in? This next move in the market will certainly convince the crypto folks that it is. According to social media, Youtube influencers etc.. the bull run is just beginning. That is in despite of a swathe of News article headlines “Bitcoin reaches new all time high $100k” and the janitor I have not spoken to in 10 years asking me if I'm buying Bitcoin. The signs are there. On the above 6 day chart, the TOTAL crypto market capitalisation, currently 3.57 trillion dollars price action has risen 46% since the November breakout. A number of reasons now exist for a bearish outlook: 1) Price action and RSI support breakdowns. Indeed the November breakouts requires confirmation of support on past resistance to allow for continuation. That's a long way down. 2) Support is exactly $1 trillion below at $2.57 trillion. 3) Price action is at a significant Fibonacci extension, look left. 4) This signal is found across the entire crypto market on both 6 day and weekly charts, in other words there is confluence across timeframes. That is important. Is it possible speculators keep throwing good money after bad in the hope price go up? Sure. Is it probable? No. Ww Bulls make money. Bears make money. Pigs get slaughtered. TOTAL3 - Hanging man OTHERS total - Hanging man
CRYPTOCAP:TOTALShort
by without_worries
62
Nikkei forming a bottom?NIK225 - 24h expiry Daily signals for sentiment are at oversold extremes. This is positive for short term sentiment and we look to set longs at good risk/reward levels for a further correction higher. Preferred trade is to buy on dips. The hourly chart technicals suggests further downside before the uptrend returns. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher. We look to Buy at 38080 (stop at 37643) Our profit targets will be 39330 and 39660 Resistance: 39660 / 40720 / 42155 Support: 37705 / 36330 / 34955 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
OANDA:JP225USDLong
by OANDA
PEPEUSDT: A Massive Move Incoming?Yello, Paradisers! Is PEPEUSDT gearing up for a breakout, or will it crumble under pressure? Let's break it down. 💎PEPEUSDT has formed an ending diagonal with a clear 5-wave structure and bullish divergence, increasing the probability of an upcoming bullish move. But here's the catch—it all depends on key levels and volume confirmation. 💎If PEPEUSDT breaks out and closes a candle above resistance with strong volume, it will signal strength and increase the likelihood of a continued bullish push. 💎If price consolidates with weak volume, it’s better to stay on the sidelines—especially with the broader crypto market looking bearish for now. No need to force trades. 💎However, If PEPEUSDT breaks down and closes below the support zone, it completely invalidates the bullish setup. In this case, stepping aside is the best move. 🎖 Discipline and patience always win in this market, Paradisers. If the market gives confirmation, we strike. If not, we wait. Trade smart! MyCryptoParadise iFeel the success 🌴
Long
by MyCryptoParadise
2
Gold (XAU/USD) 1H – Key Levels & Trend Reversal? Gold is attempting to recover after bouncing from the $2,891-$2,895 support area (green arrow). The recent breakdown led to a retest of the major demand zone, which has historically provided strong buying interest. 🔹 Support & Resistance Levels: Support: $2,891-$2,895 (blue line & previous demand). Resistance: $2,939-$2,945 (red arrow) – a key supply zone that must be cleared for further upside. 🔹 Bullish Case: If price breaks above $2,939-$2,945, we could see a push toward $2,956+ (previous highs). The bounce from the lower Bollinger Band and VWAP support signals potential upside momentum. 🔹 Bearish Case: If price fails to break above $2,939, another drop to $2,891 or lower is possible. A rejection from resistance could confirm a lower high, signaling continued weakness. ⚠️ Key Level to Watch: $2,939-$2,945 – Breakout or Rejection?
TVC:GOLD
by zakalj
BTC/USDT 4H – Breakdown & Key Levels 📉 **BTC/USDT 4H – Breakdown & Key Levels** Bitcoin has **broken down from a prolonged consolidation range** (blue zone), failing to reclaim the key resistance at **~$96,858**. The rejection from the **200 EMA (blue)** confirmed bearish momentum, leading to a sharp decline. 🔹 **Support Levels:** - **$82,222** (recent low) – Held briefly. - **$78,000 - 80,000** (thick blue line) – Major support area from historical price action and VWAP levels. 🔹 **Bearish Case:** - Breakdown from $82,222 could open the door to **$78K-$80K**. - Volume is increasing on the dump, confirming strong selling pressure. 🔹 **Bullish Case:** - Bulls need to reclaim **$91,800+** for a reversal. - A bounce from $78K-$80K could trigger a relief rally. ⚠️ **Watch for reactions at the next support level!**
by zakalj
2
Ethena $ENA is Heating Up – Institutional AdoptionThis weeek, Ethena Labs and its synthetic stablecoin USDe have been making waves in the crypto space. Here’s what’s happening: 1. Massive $100M Funding Round in Dec 2024 reveald Ethena raised $100M in a private sale of BINANCE:ENAUSDT tokens to support its new blockchain for TradFi institutions. Key investors: Franklin Templeton & F-Prime Capital (Fidelity’s VC arm). The private sale was reportedly completed in December 2024, offering Ethena’s eponymous governance token, BINANCE:ENAUSDT , to investors at an average price of $0.40. New product launch: iUSDe, a stablecoin designed specifically for institutional finance. Why it matters: This signals deepening TradFi interest in crypto-native stablecoins. If major financial firms are getting involved, it suggests long-term strategic positioning. 2. MEXC Drops $20M on USDe – Plus $1M in Rewards MEXC acquired $20M in USDe to promote stablecoin adoption. $1M reward campaign launched to incentivize staking & usage. MEXC Ventures also invested $16M in Ethena Labs to support ecosystem growth. Why it matters: Exchanges are not just listing USDe—they’re actively acquiring it and pushing incentives to drive adoption. This could significantly increase its market presence vs. USDT & USDC. 3. Risk Management Upgrade – Chaos Labs’ Oracles Ethena integrated Chaos Labs’ Edge Proof of Reserves Oracles. Goal: Enhance transparency and independent verification of USDe reserves. Comes right after USDe volatility due to Bybit’s $1.5B ETH hack. Why it matters: Ethena is addressing concerns about reserve security & DeFi transparency, which could attract more institutional capital. 4. Partnership with Trump’s World Liberty Financial (WLFI) Ethena’s sUSDe stablecoin will serve as a collateral asset for WLFI. WLFI is backed by Trump’s family and allies, positioning itself as a “Made in USA” financial platform. Aave’s risk assessment approved sUSDe, increasing its legitimacy. Why it matters: This could bring Ethena closer to regulatory approval and Republican-friendly financial networks, boosting its institutional credibility in the US. Key Market Reactions & Speculation USDe supply is nearing 6B, making it the 3rd largest stablecoin after USDT & USDC. ENA price surged 8.5% in 24 hours, as whales accumulate. Some speculate big investors are positioning ahead of major announcements. Final Thoughts – What’s Next? BINANCE:ENAUSDT has dropped to $0.40 – exactly the private sale price from December 2024, where institutional investors like Franklin Templeton & F-Prime Capital (Fidelity VC) entered. Why This Level Matters: Final Weekly FVG (Fair Value Gap) support zone – macro trend remains intact if it holds. Institutional break-even level – smart money doesn’t like losing; potential for re-accumulation. iUSDe Launch Coming Soon – a major narrative driver for the ecosystem. USDe adoption & integrations expanding (Chaos Labs oracles, WLFI partnership, MEXC buy-in). If a major listing or ETF tie-in happens, ENA could explode—but if USDe faces regulatory pressure, we might see a harsh correction. Risks: Still, USDe is NOT a fiat-backed stablecoin. Its yield model (9%) and DeFi integration mean risks remain. How to Play This? Option 1: DCA Now – Accumulate here while price stabilizes in the demand zone. Option 2: Wait for LTF Range – Look for deviations & liquidity sweeps before confirming re-accumulation.
Long
by Goldfinch_song
1