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Support and Resistance

GOLD → Bullish structure. Emphasis on 2955FX:XAUUSD is still in consolidation, but the flat is gradually changing into an ascending triangle structure, which further explains the bullish interest in the market. Gold price is consolidating near the record high of $2,956. Investors took a pause before a possible continuation of gains amid renewed trade war fears over Trump's statements on tariffs and controls on exports of Nvidia chips to China. Weak risk sentiment and a rising dollar are holding back gold, but lower bond yields and expectations of Fed policy easing are supporting prices. Gold will remain influenced by tariff negotiations and US consumer confidence data in the coming days Resistance levels: 2940, 2954.5 Support levels: 2930.7, 2921 Local resistance at 2940 is ahead. If the bulls are able to consolidate above this area, we should wait for the growth and the retest of 2954.5. 2954.5 is a trigger, the breakdown of which will provoke the continuation of the bull rally. But before that the consolidation between 2954 and 2940 may be formed. I don't exclude the flat support retest before further growth. Regards R. Linda!
FX:XAUUSDLong
by RLinda
11
EURCAD – Bullish Continuation Toward 1.49730OANDA:EURCAD has broken above a key resistance zone around 1.49000, which has now flipped to support, aligning with a potential bullish continuation. The recent retest of this level held successfully, indicating strong buyer interest and reinforcing the bullish outlook. With momentum favoring the upside, the next logical target is 1.49730, aligning with the upper boundary of the ascending channel. As long as the price remains above the 1.49000 support, the bullish bias stays intact. If you agree with this analysis or have additional insights, feel free to share your thoughts here!
Long
by DanieIM
3
GBP/USD 4-Hour Time Frame AnalysisGBP/USD 4-Hour Time Frame Analysis On the 4-hour timeframe, GBP/USD is in an uptrend, consistently forming higher highs (HH) and higher lows (HL). Recently, price broke above two minor key levels, now acting as support between 1.25600 and 1.26000. Following the breakout, price retraced below the first minor key level (1.25600) after breaking the second minor key (1.26000). This retracement suggests a liquidity grab, where market makers accumulate buy orders by targeting stop-losses placed below these levels. Currently, the price is positioned above the 1.26000 level, indicating potential continuation of the uptrend. If price confirms liquidity accumulation and breaks above the second minor key level again, we will wait for a 4-hour candle to close above 1.26000 for confirmation. Upon this confirmation, we will place a buy limit order at 1.26170, aligning with our risk parameters. Buy Limit Entry: 1.26170 (above key level) Stop Loss (SL): 1.25500 (below liquidity) Take Profit (TP): 1.27860 (next minor key resistance) Key Levels: Minor Support: 1.25600 (previously broken) Minor Support: 1.26000 (current key level) This plan aims to capitalize on the continuation of the bullish structure while maintaining disciplined risk management. Fundamental Analysis: In February 2025, several key developments influenced the GBP/USD exchange rate: Bank of England's Interest Rate Cut: The Bank of England (BoE) reduced its interest rate from 4.75% to 4.5%, aiming to support the economy amid a bleak outlook. This move contrasts with the Federal Reserve's decision to maintain steady rates, which led to a 0.9% decline in the pound against the U.S. dollar, bringing it to $1.238. Lower interest rates typically weaken the currency, but the recent technical recovery suggests buyers are stepping in, especially as liquidity zones are tested. Conclusion: Given the current uptrend structure and the fundamental backdrop, we anticipate further upside movement if the price confirms a break above 1.26000 on the 4-hour chart: Technical Confirmation: If the price closes above 1.26000, we will enter a buy limit at 1.26170. Risk Management: Our stop loss is set at 1.25500, while our take profit targets 1.27860. Fundamental Factors: Despite the BoE's rate cut, positive sentiment from trade policy developments and market reaction to liquidity zones suggests potential for a short-term bullish move. By combining technical confirmation with these fundamental insights, we maintain a buy bias with a carefully managed risk-reward strategy. 📌 Disclaimer: This analysis is for informational and educational purposes only and should not be considered financial advice. Trading involves risk, and you should conduct your own research before making any investment decisions. Past performance does not guarantee future results.
Long
by RebornFXTrader
What's next can we expect from Bitcoin???Bitcoin after making All-time-high is being trading in a long range. According to range trading rule, btc is currently trading under the range low. Now, if we see range low reclaim, then we can see btc making new ATH (green line). If btc doesn't holds it's support, then we may probably see btc tapping into it's fvg and from there we can expect great reversal (blue line). bad case scenario if btc dumps below 80K (major CME gap region) (yellow line).
Long
by CryptoBlinders
Forecasting BBRI1. Key Support & Resistance Levels Strong support: 3,620 – 3,500 Nearest resistance: 4,040 – 4,250 Major resistance: 4,800 – 5,025 Minor support: 3,810 (current price area) 2. Potential Price Movement If the price holds at 3,810 and doesn’t break down to 3,620, there is a potential technical rebound toward 4,040 – 4,250. If the price breaks down from 3,810 and breaches 3,620, there is a risk of further decline to 3,500 or even lower. If the price rebounds from 3,810 and breaks through 4,040, there is potential for an upswing toward 4,250 – 4,510. Entry Ideas & Reasons 📌 Buy Entry Entry Level: 3,620 – 3,810 (strong support area) Stop Loss: 3,500 (in case the price falls further) Take Profit Target: 4,040 – 4,250 (nearest resistance) Reason: The price is already at a historical support area. If there’s a bullish confirmation (reversal candle such as a hammer, doji, or bullish engulfing) in this zone, it can serve as a buy signal.
IDX:BBRIShort
by michaelhizkia14
BTCUSD Ranging Bearish Below 97KHi there, Bitcoin is finding it difficult to rise above $97,000. If it manages to break this level, it could trigger a strong upward movement, possibly reaching $98,500 or even the key $100,000 level. Key Points Support Levels : The $95,000 level is an important safety net for Bitcoin. If the price falls below this, selling pressure could increase, pushing it even lower. Market Sentiment : Experts are divided on whether Bitcoin will rise or fall. Large investors are buying aggressively, which is usually a positive sign, but overall, traders remain cautious. Consolidation Phase : Bitcoin has been moving within a tight range of $94,000 to $100,000, with little price movement. This often happens before a major change in direction. External Factors : Economic events, such as US job reports, can impact Bitcoin’s price. If the economy shows strength, Bitcoin could dip below $95,000. In short, Bitcoin needs to stay above $95,000 to keep its upward momentum. If it breaks past $97,000, it may rise significantly, but if not, it could drop to lower levels. Why Bitcoin is Struggling at $97,000 * Investor Selling Pressure : Many Bitcoin holders bought at prices between $97,000 and $99,500. As Bitcoin approaches this range, some may sell to recover their investment or take profits, making it harder for the price to rise. Economic Uncertainty : Rising inflation and strong job growth in the US have raised concerns about future interest rate increases, making investors more cautious. Macroeconomic Factors : A strong US dollar and high interest rates reduce the appeal of Bitcoin and other cryptocurrencies, adding to the challenge of breaking resistance levels. Psychological Barriers: The $100,000 area is a major resistance level. Many traders are hesitant to push prices higher unless Bitcoin clearly breaks through resistance. Conclusion : Overall, BTCUSD has a bearish sentiment due to a bearish volume delta, but there is strong bullish pressure on candlestick lows. It is best to wait it out. Happy Trading, K. Not trading advice.
BITSTAMP:BTCUSD
by Khiwe
Ethereum Near Key Support: Ready to Bounce to 2,900?COINBASE:ETHUSD is approaching a significant support level, marked by historical price reactions and strong buying interest. This area has consistently acted as a key demand zone, signaling the potential for a bullish reversal if buyers regain control. If the price confirms a rejection within this demand zone, I anticipate an upward move toward the 2,900 level, which aligns with a key resistance area and a logical retracement point. The confluence of the demand zone, volume profile support, and long-term trendline strengthens the case for a bullish bounce. Traders should monitor for bullish confirmation signals, such as bullish candlestick patterns, higher lows, or increasing volume near the demand zone, to validate potential long positions.
COINBASE:ETHUSDLong
by DanieIM
16
Trading Signals for GOLD sell below $2,945 (21 SMA -EXHAUSTION)Early in the European session, gold is trading around 2,938, below the 21 SMA, and below the high of 2,955 showing signs of exhaustion. On the H1 chart, we can see that gold is showing signs of exhaustion after forming a triple-top pattern. A strong technical correction will likely occur in the next few hours and even the 200 EMA around 2,920. The key to watch for the gold price is consolidation below 2,945, where the 21 SMA is located, which acts s a dynamic resistance. Below this area, we could expect gold to reach 6/8 Murray at 2,890 in the short term. If the gold price rebounds above 2,945, we can expect a continuation of the bullish movement and it could reach 8/8 Murray at 2,968. If the gold price bounces around 2,930, we could expect it to return to the levels of 2,945 and 2,955. Once this zone is surpassed, the price could reach 8/8 Murray at 2,968. A sharp break below $2,930 could turn the outlook strongly bearish and we could expect gold to continue losing value. Therefore, the metal could reach the psychological level of $2,800 in the short term.
FOREXCOM:XAUUSDShort
by CEO-PREMIUM-ANALYSIS
DogeCoin Breakdown Below Pivot Line with Targeting Demand ZoneDogecoin Price Analysis: Potential Breakdown Below Pivot Line with Targeting Demand Zone Given the lower highs and recent price action, the price seems to be following a descending channel with a potential for further downward movement. The price will try to touch the Demand Zone (0.2130) if can close 4h candle below the pivot line which is 0.2654 Short-term correction might occur, potentially bouncing off the support zones, but a breakout below the pivot line could confirm further downside. Next Movement: If the price holds below the pivot line (0.2654), it could reach 0.2130. A break of that level could send the price toward the demand zone at 0.1774. It’s important to keep an eye on any reversals or retracements that might occur at these pivot levels. Key levels Pivot Line: 0.2713 Resistance Lines: 0.3093, 0.3505, 0.4150 Support Lines: 0.2130, 0.1774, 0.1465
BINANCE:DOGEUSDShort
by SroshMayi
1
Bitcoin Crash Incoming? Price Target Set at $71,200!The newly developed accumulation detection indicator currently shows a significant accumulation at the peak of Bitcoin, with a width of 20.9%. Typically, when such accumulations break out, the price tends to move in the breakout direction by an amount equal to the accumulation width, i.e., 20.9%. A breakout is confirmed when the closing price of a bar falls outside one of the accumulation boundaries. I believe that the closing price is more likely to occur beyond the lower boundary of the accumulation, which would indicate a prolonged downward movement of 20.9% from the lower boundary. This corresponds to a target of approximately $71,200. This indicator is optimized for use on the daily Bitcoin chart, and historical data suggests that breakout targets are met with high accuracy—unless a subsequent range forms immediately after the previous one. Wishing you success in your trading!
Short
by Smollet
US30-Bearish Momentum in Play as DowJones Drops Below Pivot ZoneUS30 Analysis – February 25, 2025 🔻 Bearish Momentum in Play as Dow Jones Drops Below Pivot Zone US30 has continued its downward movement, as previously anticipated . The price remains below the pivot line (43,765) and has already tested the support at 43,350. However, to confirm further downside toward 42,770, the price must break below 43,212 with a 4H candle close. 🔹 Technical Outlook: 📉 Bearish Scenario: As long as US30 remains below 43,760, the downward pressure is expected to continue. A 4H candle close below 43,212 will confirm a bearish continuation toward 42,770. 📈 Bullish Reversal: Stability above 43,212 will lead to a range-bound movement between 43,212 and 43,765 until a breakout occurs. A 4H candle close above the pivot zone (43,765) is required for the bullish trend to resume. Key Levels to Watch: Resistance: 43,690 | 43,900 | 44,210 Pivot: 43,580 Support: 43,212 | 43,030 | 42,770 ⚠️ Directional Bias: Currently, US30 is consolidating within the 43,212 – 43,765 range. A break below 43,212 will confirm the bearish trend continuation.
OANDA:US30USDShort
by SroshMayi
BTC/USD - 15M SMC Analysis📊 BTC/USD - 15M SMC Analysis 📉 Current Price: 90,636.47 📊 SMC Levels & Market Structure: ✅ Demand Zone (Green Area) – Potential reversal zone ✅ Key Breakout Level: 92,871.74 ✅ Final Target: 94,945.60 🔹 Trading Plan – Bullish Bias 📈 Entry: Look for confirmations at the demand zone for a buy setup. 🎯 First Target: 92,871.74 (Breakout confirmation) 🎯 Final Target: 94,945.60 (Major resistance area) 📌 Key Considerations: • Watch for liquidity grabs before the price moves up. • If 92,871.74 holds as support, expect a push toward 94,945.60. • Invalidation: Drop below the demand zone may indicate further downside. #Bitcoin #BTCUSD #CryptoTrading #SmartMoney #Liquidity #SMC #OrderBlock #FXFOREVER
CRYPTO:BTCUSDLong
by FXFOREVER_87
USD/JPY 4-Hour Time Frame AnalysisUSD/JPY 4-Hour Time Frame Analysis On the 1-hour timeframe, USD/JPY is in a downtrend, consistently forming lower highs (LH) and lower lows (LL). Recently, price retested the minor resistance at 150.500 before breaking below the key support level at 149.450, signaling increased bearish momentum. Following the breakout, price retraced upwards, likely targeting sellers' stop-losses placed above 149.450. This retracement indicates a liquidity grab, as market makers aim to trap retail traders anticipating a trend reversal. Currently, the price is positioned within a liquidity zone. If further bearish pressure emerges, we expect the downtrend to continue. Our strategy is to wait for a 4-hour candle to close below the 149.450 level for confirmation. Upon this confirmation, we will place a sell limit order at 149.380, aligning with our risk parameters. Sell Limit Entry: 149.380 (below key level) Stop Loss (SL): 150.290 (above liquidity) Take Profit (TP): 147.360 (next minor key support) Key Levels: Minor Resistance: 150.500 Minor Support: 149.450 (previously broken) This plan aims to capitalize on the continuation of the bearish structure while maintaining disciplined risk management. Fundamental Analysis: Recent statements from billionaire investor Steve Cohen suggest a bearish outlook on the US economy. Speaking at the Future Investment Initiative Institute's summit in Miami Beach (source: Bloomberg), Cohen highlighted several macroeconomic headwinds that could negatively impact the USD: Slowing US Economic Growth: Cohen predicts US GDP growth will decline to 1.5% in the second half of the year, down from 2.5%. Impact of Tariffs and Immigration Laws: New tariffs and tighter immigration policies under President Trump's administration are expected to weigh heavily on economic growth. Tariffs cannot be positive. It’s a tax, Cohen stated, warning that a potential tit-for-tat tariff war could further drag the economy down. Government Cost-Cutting: Elon Musk's leadership of the Department of Government Efficiency is pushing austerity measures, which Cohen described as a further headwind for growth. Cohen also indicated a bearish market outlook, expressing concerns about a significant market correction in the near term. Political Unrest and Its Impact on USD: In addition to economic concerns, there is widespread political unrest across the United States. Throughout February, protests erupted nationwide, particularly in opposition to mass deportations and other administration policies. On February 5, a coordinated movement called "50 protests, 50 states, one day" saw large demonstrations outside state capitol buildings (source: Bloomberg). Such social and political instability could further erode investor confidence in the USD. Conclusion: Given the combination of technical patterns and fundamental pressures, the USD/JPY pair is likely to experience further downward movement: Technical Confirmation: If the price breaks and closes below 149.450 on the 4-hour chart, it will provide a strong bearish signal. Fundamental Factors: Slowing economic growth, Tariff-induced trade friction, and Political unrest under President Trump's administration contribute to a weaker USD outlook. Based on these factors, our sell bias is supported by both market structure and economic fundamentals. We aim to execute our sell order at 149.380, targeting a downward move toward 147.360, while managing risk with a stop loss at 150.290. 📌 Disclaimer: This analysis is for informational and educational purposes only and should not be considered financial advice. Trading involves risk, and you should conduct your own research before making any investment decisions. Past performance does not guarantee future results.
Short
by RebornFXTrader
GBP/JPY - 1H SMC Analysis📊 GBP/JPY - 1H SMC Analysis 🔹 Market Structure & Key Zones: ✅ A+ Level: 189.954 - 190.369 (Potential liquidity grab area) ✅ Key Resistance Zone: 190.233 - 190.369 ✅ Major Target: 187.510 (Potential 250+ pip move) 🔹 Potential Trade Scenarios: 📉 Bearish Setup: • Price is in a premium zone (190.233 - 190.369), making it a high-probability short area. • If price reacts at the A+ Level, we could see a drop towards 187.510. • Risk-free trade achieved above the resistance. 📈 Bullish Case (Low Probability): • If price breaks and holds above 190.369, it may continue towards 190.63 - 190.85. 📌 Trade Plan: 🔹 Entry Idea: Sell from 189.954 - 190.369 zone. 🔹 Stop Loss: Above 190.85 (Safe zone). 🔹 Take Profit: 187.510 (250+ pips move). 💡 Conclusion: • Watching for rejection at A+ Level for a short entry. • If price fails to hold below 190.369, reevaluate the bias. #GBPJPY #SmartMoney #ForexTrading #LiquidityGrab #OrderBlock #RiskManagement #FXFOREVER
Short
by FXFOREVER_87