Swingtrading
JUPUSDT: Weekly Outlook & Key Levels for JupiterHey everyone! 🌟
Let’s take a look at this weekly cryptocurrency price chart together. Here's what stands out:
We’re looking at two possible scenarios:
Primary Scenario: The price might bounce back from the first support level, marked with a solid yellow arrow.
Secondary Scenario: If it doesn’t, the next potential rebound is from the lower support level, shown with a dashed yellow arrow.
Keep an eye on the numbers highlighted—$0.4310 and $0.3798. These are key price levels that could guide future movements. It’s also essential to monitor liquidity, candlestick patterns, and trading volumes. A strong confirmation, like a favorable candlestick formation and sufficient volume, could signal a rebound.
However, if the price dips below these critical levels, it might shift the perspective. Staying vigilant is key.
Always remember, this is just an observation. Do your own research, stay informed, and keep learning. The journey in the crypto world is as much about growth as it is about numbers! 📚📈✨
Bitcoin’s Battlefield: Support, Resistance and Trade SetupsBitcoin’s price has been showing signs of a sustained downtrend after forming a double top pattern. The recent action, combined with low volume and failure to breach key resistance zones, points to a likely retest of lower levels. Over the weekend, the price couldn’t break past the 85K resistance, and the low trading volume around this level suggests that buyer interest is waning.
6H TF Chart:
Big Picture vs. Short-Term Action
On a higher timeframe (6H), my indicator neatly outlines the bear market of 2022 and the bull market that started in early 2023—when the “cloud” turned green, signaling a shift in momentum. The cloud's lower boundary is currently at $73,364, which is key. Imo, holding above 70K is critical for keeping that bullish vibe alive.
1H TF Chart:
Switching over to the 1H chart, the picture shows a bearish structure. The upper resistance around 95K (which aligns with the yearly open near $93,455.85) is proving a solid resistance. The anchored VWAP from the all-time high also sits right at this level, adding more weight to the resistance. Bulls need to clear this yearly open to signal a true recovery.
Key Levels & Confluence Zones
1.) Upper Resistance – 93K to 95K:
The 95K zone aligns closely with the yearly open ($93,455.85) and the anchored VWAP from the all-time high, both acting as resistance.
Daily moving averages (62 EMA at ~$91,316 and 62 SMA at ~$94,900) provide further confluence.
Additional resistance between 85K-86K.
2.) Critical Support – 73K to 70K Zone:
The lower edge of the cloud on the 6H timeframe sits around 73K.
The 0.382 Fibonacci retracement (from the low at $15,473.78 to the all-time high at $109,354) is at $73,492, while the 0.618 retracement (from $49,217 to the all-time high) is around $72,205.
Moving Averages on Weekly Chart: The weekly 62 EMA ($72,919) and 62 SMA ($71,590) align well with this support region.
Additional Support: A bullish monthly order block at $71,320 adds another layer of confluence.
Psychological Importance: A hold above 70K is critical to maintaining bullish momentum.
3.) Monthly Open – $83,385.74:
This level serves as a pivot: price is currently hovering below it. A reclaim by bulls would be a positive sign for higher price action, while a rejection reinforces the bearish setup.
Trade Setups
Long Trade Setup:
Entry: Consider laddering in between 75K and 70K as the price retests support.
Take Profit: Aim for the monthly open (~84K) initially, and if support holds and flips, a move toward 90K could be considered.
Stop Loss: Set below 70K to protect against a further downturn.
Short Trade Setup:
Entry: A short setup can start at the monthly open, using a laddering approach between 84K and about 86.9K.
Take Profit: Target the previous low or 74K.
Stop Loss: Place just above 87K to keep risk in check.
Thank you for taking the time to read through this technical analysis. I hope it provides valuable insights for your trading decisions. Happy trading!
Master Price Action Trading With Expedia Group StockExpedia Group NASDAQ:EXPE stock is dropping as expected. This decline highlights the importance of understanding supply and demand imbalances, particularly on larger timeframes like the monthly chart, which many traders often overlook. Ignoring these imbalances can lead to costly mistakes, as evidenced by the current bearish price action in $EXPE.
The strong imbalance at $195 per share is helping the stock price to drop as expected. We can see bearish price action being formed with room to drop much lower. There is room to reach the latest bullish impulse in the monthly timeframe.
3 Best Entry Points For Swing Trading (Forex, Gold)
What is the best entry point for swing trading?
You will learn 3 safest places/zones to buy or sell the market from, best swing trading time frame, and the most accurate swing trading setups.
Best Entry 1
Swing Trading After a Confirmed Trend Reversal
It can be a bearish trend violation and a start of a new bullish trend.
Look at a price action on WTI Crude Oil on a daily.
The market violated a bearish trend and started to trade in a new bullish trend, confirming the reversal.
In such a case, your best entry will be the closest daily support.
Alternatively, it can be a bullish trend violation and an initiation of a new bearish trend.
USDCAD was in an uptrend, steadily growing within a parallel channel.
Its violation confirmed the change of sentiment and start of a downtrend.
In this situation, your safest entries will be from the closest daily resistance.
Best Entry 2
Swing Trading with the Trend After Pullback
In a bullish trend, you should wait for
a completion of a bullish movement,
wait for a pullback
swing buy the market after it completes.
AUDCAD is in a rising trend.
A pullback tends to complete on a key support.
That will be your zone for buying.
Otherwise, in a bearish trend, you should let the price:
finish a bearish impulse
start a correctional movement
sell the market after the correction ends.
USDCHF was in downturn and updated the low. A local bullish movement started then.
It usually completes after a test of a key resistance. That will be the area where you should look for swing selling.
Best Entry 3
Swing Trading After Key Level Breakout
Bearish violation of a key daily support is a perfect signal to sell.
It is an important sign of strength of the sellers and a strong indication that the price will continue falling.
NZDUSD broke and closed below a key daily support cluster. After a breakout, it turns into a potentially strong resistance.
For us, the best entry is a retest of a broken structure.
Bullish breakout of a key daily resistance is a reliable signal to buy.
After a violation of a horizontal resistance, it became a support on USDCHF Forex pair on a daily.
Your perfect entry for swing buying is its retest .
The entry zones that we discussed will provide the safest trading opportunities.
Learn to combine that with your trading strategy, it will help you to dramatically increase the profitability of your swing trading.
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I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Hindalco-Bullish Swing- Very good signs of bullish momentum!
Buy above 644.05
Risk reward- 01:01
Target & Stoploss- 4.3%
1.Inside bar breakout found with bullish engulfing after forming 3 green soldiers- Good signs of momentum
2.Price has formed double bottom and hammer before reversal
3.Rejection from 0.318 Fibonacci level
4.Resistance turned to support after breakout with retesting
5.Reacted at support from RSI level
6.Very good fair value gap covered and rejected from FVG
7. 21 EMA cross over for reversal confirmation
8. Previous green candles strength are very good
Jindal Steel- Time to move?!
Buy Above 895.3
Risk: Reward- 01:01
Target and stop Loss: 4%
1.Parallel downward channel Resistance breakout and retest
2.Good green bars formation
3.Double bottom( W Pattern) and resistance in RSI
4. 21 EMA Support taken
5.Bullish fair value gap rejection
6. Bounced from Resistance turned to support zone
AUD/CAD stalls around 91c, pullback pending?A 3-wave move has developed from the January low, that for now appears hesitant to hold above 91c or its 50% retracement level. Twice we have seen false breaks of the 91c level on the daily chart, and Monday presented a bearish pinbar which closed below the 200-day SMA.
Bearish divergences have also formed on the weekly and daily RSI (14) and daily RSI (2). Perhaps a pullback is brewing.
Bears could fade into moves towards the 200-day SMA, in anticipation for a move down to at least 90c, just above the 50-day SMA and weekly VPOC (volume point of control).
And if the BOC refrain from promising further cuts while delivering an expected 25bp cut tomorrow, it could further strengthen the Canadian dollar and weaken AUD/CAD further.
Matt Simpson, Market Analyst at City Index and Forex.com
Solana: Time to Buy or More Pain Ahead?Solana has been in freefall since peaking at nearly $300 on January 19, 2025, dropping a staggering 61% to $115,47 in just 50 days, currently trading at around $119. A support zone for potential reversals.
The big question now: Is this the time to go long, or is more selling pressure ahead? Let’s break it down.
Key Support & Resistance Levels
Lost Key Level at $120
Solana lost the key support at $120, turning it into a resistance zone. For bulls to regain control, SOL must reclaim this level with confirmation and increased volume.
Next Key Lows to Watch
Below the current price, the next key liquidity zones are at $110 and $105, where buyers may step in.
Major Support Zone – $104 to $96
If selling continues, we have a strong support zone between $104.14 and $96.96, backed by multiple confluences:
Anchored VWAP Support: Taking the anchored VWAP from the 2023 lows at $8, we find it currently aligning near $100, a key psychological level.
Monthly Order Block: On the monthly timeframe, an order block sits right at $100 mark, reinforcing this level as strong support.
2024 Yearly Open: The yearly open from 2024 is at $101.72, adding another layer of confluence.
0.666 Fibonacci Retracement: Measuring from $8 to the all-time high of $295.83, the 0.666 Fib retracement is at $104.14, further strengthening this support zone.
Liquidity Pools: There's a lot of liquidity around the $100 area
Fib Speed Fan Support: The 0.7 Fib speed fan also aligns perfectly with this support zone.
Conclusion: The $104–$97 range becomes a high-probability long entry zone with minimal risk.
Long Trade Setup
Entry Zone: $118 – $97
Stop Loss: Below $95
Take Profit Target: $135
Average Entry: $105 (DCA)
Risk-to-Reward (R:R): a solid 3:1 or better
Strategy & Execution
With SOL already down over 60%, scaling into a long position makes sense. Here's how to do it the right way:
1️⃣ DCA Strategy – Instead of going all in, scale in gradually within the $118–$97 range for a better average entry.
2️⃣ Volume & Price Action – Watch for a spike in volume and bullish price action before adding to the position.
3️⃣ Psychological Level Play – There are likely many buy orders around $100, meaning a bounce before hitting lower support is possible.
Stay tuned for updates as this trade unfolds! 🚀
NEAR (NEARUSDT) Weekly Analysis: Potential Reversal in SightHey everyone! Let’s take a look at NEAR (NEARUSDT) on the weekly chart. There’s a chance the price might move into the 1.728–2.067 range, possibly sweeping up some liquidity before heading toward the 1.467–1.669 zone. This area seems like it could act as a launchpad for a potential bounce, aiming for higher targets afterward.
Watch for a spike in trading volume around that zone—if volume picks up, it could indicate stronger buying interest. Another key signal to look out for is a bullish candlestick pattern (like a hammer or a bullish engulfing), which might confirm a reversal if it appears near the 1.467–1.669 level.
Of course, if the price drops below 1.467, it might change this outlook and suggest a different path forward. Since the market can be unpredictable, it’s always important to keep an eye on these levels and stay prepared.
Above all, remember to do your own research and stay informed—this space can move fast, and it’s best to approach it with a curious mind. Keep learning, stay positive, and good luck out there! 📈
ENA Breaks Downtrend – Is a Rally Incoming?$ENA/USDT 12H chart shows a breakout above the resistance trendline and the 50 EMA, indicating a potential trend reversal. However, the price is currently facing resistance near the previous support-turned-resistance zone.
A retest of the trendline breakout is possible before further upside. If the price holds above the trendline and reclaims support, it could confirm a bullish continuation.
However, failure to hold may result in a fakeout and further downside.
DYOR, NFA
INJ Price Analysis: Key Zones & Reversal ScenariosHey everyone! 👋
Let's dive into this price chart and see what’s going on with INJ.
Overview:
We’re looking at INJ on a weekly timeframe , and there are some interesting levels to watch. The chart shows **three key zones** where price reactions might happen, marked with price levels. There are also areas of liquidity (LQ) , where the market might make a move before reversing direction.
Potential Reversal Scenarios:
Three possible price movements are shown with yellow arrows , each representing a different way the price might reverse. The second arrow is the primary scenario, suggesting that after sweeping at least one liquidity level, the price could bounce back up—especially if there’s solid volume and a strong candlestick pattern.
- Main Support Zone (3.84 - 4.84): This area is the most important. If the price reaches this zone and shows good volume and a strong candlestick pattern, it could signal a trend change.
- Other Support Zones (2.55 - 2.85 and 7.38 - 8.92): These are additional key levels. A drop below these could change the outlook.
Take Profit (TP) Targets:
TP levels are marked on the chart. If the price reverses as expected, these targets may be reached.
Final Thoughts:
Nothing in crypto is guaranteed! Always look for confirmations like volume and candlestick patterns before making decisions. Stay informed, trade smart, and always do your own research! 📊💡
GBPUSD Week 11 Swing Zone/LevelsLast week marked the first losing week of the year.
With a strong upward trend, a price pullback is expected.
By using tight stop losses and effective trade management, we keep losses small while aiming for larger gains. To achieve this, the stop loss is moved to break even once the price gains 20 pips.
a or b? Only price can tell
NOTUSDT Weekly Demand Zone: Potential Bullish Reversal at 0.0019This analysis focuses on Notcoin (NOTUSDT) on the Weekly timeframe , identifying a key demand zone that suggests a potential bullish reversal .
Based on chart observation, the price of NOTUSDT is approaching a critical demand zone located between 0.001971 and 0.001561 . This zone is anticipated to act as strong support, potentially marking a significant price low for the asset in the current market cycle.
The expectation is that within this demand zone , buyers will step in with sufficient volume , leading to a change in the current price trend and initiating a bullish reversal . The presence of proper volume upon entering this zone will be crucial to confirm the strength of the demand and the likelihood of a sustainable upward movement.
To illustrate the potential upside, Take Profit (TP) levels have been marked on the chart. These TP levels represent projected targets for the price following a successful bounce from the demand zone. Traders and investors should monitor price action closely as it interacts with this zone, looking for bullish confirmation signals such as:
Increased buying volume: A surge in volume as the price tests the demand zone would indicate strong buyer interest.
Bullish candlestick patterns: Formation of reversal candlestick patterns within the zone (e.g., bullish engulfing, hammer) could further validate the potential for an upward move.
In summary: This analysis suggests that the 0.001971 - 0.001561 zone presents a significant opportunity for a potential bullish reversal in NOTUSDT on the weekly timeframe. Closely monitoring price action and volume within this zone is recommended to identify potential long entry opportunities, targeting the marked Take Profit levels as the asset recovers.
GBPUSD: Bullish Outlook For Next Week Explained 🇬🇧🇺🇸
GBPUSD broke and closed above a key daily horizontal
resistance this week.
The next strong historic structure is 1.3.
It will most likely be the next goal for the buyers the following week.
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Gold (XAUUSD) - Liquidity Grab & Potential ReversalGold has been showing interesting price action around key levels, forming a potential double top structure. The market tested the 2,930.19 resistance level, rejecting it sharply and showing signs of exhaustion.
Possible Scenario:
- Point A : Price is currently reacting from a key resistance level where liquidity is stacked.
- Point B : A potential sweep of liquidity around 2,874.04 , where price could create a demand zone before reversing.
- Point C : If buyers step in after the liquidity grab at B, we could see a rally back into the resistance zone, targeting a break of 2,930.19 .
However, if the structure breaks lower without a strong buyer reaction, further downside could come into play, possibly targeting 2,820 as the next liquidity zone.
Key Considerations:
- Monitoring fundamental catalysts such as economic data and interest rate decisions. With NFP and Fed updates this week, volatility is expected!
- Watching for confirmation of bullish intent after the liquidity grab.
- Tracking volume to gauge potential momentum.
🚀 Do you think gold will hold above 2,874.04 , or will bears take over? Drop your thoughts below! 🚀
#Tradingview
FOREXCOM:XAUUSD
The Dollar's Demise May Not Be Over Just YetThe US dollar index is on track for its worst week in nearly two and a half years. It is also nearly 6% off from the January high, which is similar in depth to the two previous selloffs seen in 2023 and 2024. Yet I do not think we've seen the low just yet, even if there is evidence of a potential bounce on the daily chart.
Matt Simpson, Market Analyst at City Index and Forex.com
Gold - A Bullish Close Would Be Insane!Gold ( TVC:GOLD ) has to close bullish now:
Click chart above to see the detailed analysis👆🏻
Just since the end of 2022, Gold rallied about +80% which is simply unbelievable looking at the already significant market cap of the precious metal. However this bullrun does not seem to be over and if Gold confirmes the trendline breakout, another rally of +40% will follow soon.
Levels to watch: $4.000
Keep your long term vision,
Philip (BasicTrading)