BTCUSD Channel Support Holds as Price Targets $85K PullbackHello traders! Let’s break down the current BTCUSD market structure. Bitcoin is trading inside a well-defined descending channel, forming consistent lower highs and lower lows. This structure confirms that the market is still moving within a broader bearish trend. Earlier, BTC created a large range phase on the left side of the chart, showing indecision before breaking down and starting the current downtrend. Each approach to the upper trendline (Resistance Line) resulted in a clear turnaround, proving that sellers continue to defend this zone aggressively. During the recent decline, BTC made multiple corrections inside the channel, but every upward move was short-lived and rejected by the descending resistance. A recent breakout attempt failed, and price quickly returned back into the channel, signaling that bullish momentum remains weak. Currently, Bitcoin is testing the Support Line of the descending channel near the $81,400–$82,000 zone. This level has acted as a key demand area within the trend. A short-term bounce from support is possible, and the chart shows a projected move toward TP1 near $85,000, which aligns with a minor internal resistance level. However, as long as BTC trades below the major Resistance Level around $94,000 and within the descending channel, the market maintains a bearish bias. Any bullish recovery is likely to be limited unless price can break above the channel and secure structure above $94,000. Please share this idea with your friends and click Boost 🚀
Analysis
TSLA: Fundamentals Are Collapsing While Valuation Stays in OrbitTesla is trading near multi-month highs… but the fundamentals tell a very different story.
EPS has dropped by 50%, revenue growth has almost stalled, and yet the stock still carries a Forward P/E of 164.
This combination — slowing growth and extreme valuation — looks like the definition of an institutional bubble setup.
🧮 Fundamental Context
Over the past few years, Tesla’s growth has slowed dramatically:
Revenue rose from 31B → 53B → 81B → 96B → 97B — barely any increase.
EPS climbed from 0.2 → 1.6 → 3.6 → 4.3 — and then fell by half.
Quarter-over-quarter metrics remain negative, with no visible recovery trend.
Meanwhile, the Forward P/E of 164 implies double-digit expansion ahead — which clearly isn’t happening.
The fundamentals simply do not justify this kind of valuation.
Right now, Tesla’s numbers resemble the early phase of a valuation compression cycle — where prices eventually catch up with reality.
📉 Technical Structure
Technically, Tesla has been moving in a broad sideways range, forming what looks like a long-term Wave 4 structure.
We’re currently inside the “B” leg, which could already be complete or near completion.
Once that wave ends, the next expected move is a Wave C decline.
Key levels to watch:
📍 Upper resistance zone: $400 – $550
📍 Primary cluster: around $250
📍 Support zone: $150 – $200
The chart shows clear volume concentration around $250 — once that level breaks, the next liquidity pocket sits between $150 and $200.
That’s where a potential bottoming cluster could form before the final upward leg.
⚠️ Market Outlook
While other FANG names maintain solid balance sheets and stable earnings, Tesla’s fundamentals are deteriorating sharply.
Yes, the stock may still see short-term pumps driven by sentiment or Musk’s fan base — but markets always return to fundamentals.
And those fundamentals are pointing downward.
📊 Summary
EPS and revenue both trending lower 📉
Forward P/E at 164 — completely disconnected from growth metrics
Technical range suggests potential decline toward $200–$150
Current price action likely part of a larger corrective structure
Long-term investors should exercise extreme caution ⚠️
Tesla isn’t a short-term “growth story” anymore — it’s a valuation risk story.
Until earnings stabilize and margins recover, this stock looks massively overpriced.
EUR/USD – Potential Trade SetupI was expecting a price rebound from the 1.14938 level, and the pair did touch this area. However, the current trend is downward, so the only potential entry would be after breaking the previous highs to take liquidity before resuming the decline.
Currently, the available opportunity is around 1.15633, following the high taken at 1.15525. Traders should watch for confirmations before entering and manage risk carefully, as the overall momentum remains bearish.
NVDA Head and Shoulders- Dec Rate Cuts has changed setupNvidia’s setup has shifted. With the Fed signaling a likely rate cut on December 10th, the market will start baking that optimism into asset prices ahead of time. When monetary conditions ease, high-valuation tech often gets an extra tailwind, which means the expected head-and-shoulders pattern on NVDA may fail to play out cleanly. The chart might still roll over, but the macro backdrop now works against a decisive breakdown. Short positions here demand caution.
Original post
Nvidia’s bear case rests on one core idea: the stock price assumes a flawless, world-eating AI future, and markets almost never deliver on “perfection narratives.” NVDA trades at extreme valuation multiples for a hardware-driven, highly cyclical business. Those multiples only hold if AI infrastructure spending keeps compounding at its current breathtaking pace for years. But that demand is dangerously concentrated in a handful of hyperscalers who are spending now and rationalizing later. Michael Burry’s recent argument sharpens this point: he claims true end-demand for AI horsepower is vastly overstated, and that much of the current GPU frenzy is a self-reinforcing loop of capital, hype, and accounting gimmicks rather than broad, organic need. If boards pause to question real ROI, or if the circular funding loop breaks Nvidia’s revenue curve can flatten quickly, dragging the valuation down with it.
Competition, long dismissed by NVIDIA bulls, is another structural headwind. AMD is now shipping accelerators that hyperscalers are actually integrating, and every major cloud provider is building in-house silicon to reduce dependence on NVDA’s margins. Even if Nvidia maintains leadership, it doesn’t need to lose the crown to lose the multiple, slight shifts in workload allocation or a handful of missed design wins are enough to pressure margins. And Burry’s critique deepens this point: he argues Nvidia’s reported profitability is flattered by depreciation assumptions and massive stock-based compensation that buybacks have failed to offset, meaning the “true” economic profit is less bulletproof than headlines suggest. Add to that the fact that U.S. export controls have effectively erased the China data-center market, once 20–25% of revenues and expectations of a seamless global TAM look increasingly unrealistic.
Technically, NVDA is doing exactly what a euphoric, overowned stock does when gravity starts tugging: momentum is fading, the price is slipping under short-term moving averages, and reactions to spectacular earnings have been strangely sluggish. That’s often the early signature of distribution rather than accumulation. And this lines up directly with Burry’s broader thesis: when a narrative becomes crowded and reflexive, the slightest wobble triggers violent air pockets. NVDA has become the ultimate proxy for the AI boom, the most crowded long in the market, meaning it’s the first thing funds sell when risk appetite cools, and the last thing buyers chase during corrections.
Put simply, Nvidia is a phenomenal company priced as if nothing can ever go wrong, while Burry is arguing that much of what looks “perfect” is not what it seems. The bear case isn’t that Nvidia collapses. It’s that the AI boom normalizes, competition accelerates, accounting realities catch up, margins slip toward something earthbound, and investors recalibrate how much they’re willing to pay. In that world, NVDA doesn’t need bad news to fall. It only needs the news to arrive slightly less euphoric than the fantasies currently baked into the price.
#NVDA #Bearish #HeadandShoulders #MichaelBurry
LINK TECHNICAL ANALYSIS — 1D📊
1. MARKET STRUCTURE
Long-term trend
The price is currently approaching this line, but has not yet tested it directly.
This is a key support level for the entire LINK market.
2. SUPPLY & DEMAND ZONE
Demand Zone — $9.6 – $4.8
The large red area. This is
a historical accumulation zone,
an area where LINK has been repeatedly defended,
an area to which the price has returned with each major dump.
Supply Zone — $15 – $20
The green area from which:
the price has been rejected repeatedly,
this is the selling wall from 2021,
a key target for bulls after the rebound.
3. CRITICAL LEVELS
Very important support
Type Level Description
Trendline ~11.5–12.2 USD We are very close to a test.
Horizontal 9.63 USD First major historical support.
Horizontal 4.84 USD Final low (strongest demand).
If the trendline breaks, the → ** LINK will almost certainly fall to 9.63**, and if that breaks too, → 4.8 USD is very likely.
4. MOMENTUM – STOCH RSI
On the Stoch RSI chart:
is extremely oversold,
similar to previous lows (2023, 2024),
signaling the possibility of a rebound within a few days/weeks.
5. PRICE SCENARIOS
🟢 BULLISH (bounce)
Condition: Maintaining the trendline
Expected movements:
Bounce around 11.5–12.5
Target 1: USD 15
Target 2: USD 18–20
Possible breakout → USD 22–24
This scenario is realistic if Bitcoin doesn't make another strong dump.
🔴 BEARISH (falling)
Condition: Breakout of the trendline with a daily candle below ~11.5
Expected movements:
A quick drop to USD 9.63
This could result in:
a bounce to ~12
or a continuation of the decline
If 9.63 falls → a practically certain target of USD 4.8
This level represents a significant historical accumulation and will not fall without a fight.
➤ Price is currently hanging by a thread.
The trendline is one of the most important support levels on the LINK chart.
Momentum is oversold → signal for a short squeeze/bounce.
But the local structure remains bearish.
➤ If the trendline holds → a thick long swing.
➤ If it collapses → we fall to 9.63 and possibly 4.8.
LYFT: The Hidden Gem in My October Top 3 PicksAs I’ve mentioned in my recent videos, LYFT is one of my top 3 priority stocks for October — and for good reason.
The fundamentals have exploded while the price is still lagging far behind.
🔸 Fundamentals
EPS growth has been massive .
– In March, EPS was up +128% YoY,
– and by June, it jumped to +234% YoY.
EPS has finally moved into positive territory , which is a strong signal.
Revenue continues to rise steadily, and EPS literally took off while the price hasn’t followed yet.
To put it in perspective — when LYFT traded around $60, EPS was negative .
Now, EPS is many times higher, but the stock still trades far below those levels.
Even emission has stopped increasing (we saw –0.25% in June 2025), and the forward P/E is only 15.3 ,
which is extremely low for this kind of EPS acceleration.
→ In short: LYFT looks deeply undervalued from a fundamental standpoint.
🔸 Technical Picture
Technically, LYFT has just closed a local gap , exactly as expected.
We are currently finishing the fourth sub-wave of the third global wave .
This means the fifth wave is coming next, and the current target around $70 represents only the peak of the third sub-wave — there is still additional upside expected beyond $70.
In the short term, we could see a retest around $18 ,
followed by the next major move — closing the May 2022 gap near $30 , forming the third wave of this cycle.
After that, some consolidation is likely in the $20–30 range,
followed by the next impulse targeting $50–70 .
This will be the fourth wave pullback, eventually leading into the fifth wave breakout above $70 ,
with potential for even higher upside as the global third wave continues.
Summary
Overall, LYFT shows a perfect mix of improving fundamentals and bullish technical structure.
As I’ve said in my latest videos, this stock could take off soon —
and it remains one of my Top 3 picks for October .
Call to Action
If you enjoy this type of analysis or would like me to review other tickers, tap on rocket 🚀 and leave a ticker in the comments .
I’ll make sure to cover your suggestions in upcoming posts soon!
(Full breakdown and context discussed in my recent videos — you can find them via my profile.)
CAD/JPY – Wedge Breakout Pattern (21.11.2025)📝 Setup Overview OANDA:CADJPY
CAD/JPY has broken below a rising wedge structure, signaling weakening bullish momentum. After multiple rejections at the resistance zone, price is now losing steam below the Ichimoku cloud, showing early bearish pressure.A clean breakout + retest scenario opens the door for downside continuation toward the next demand zones.
📌 Trading Plan📍 Entry Idea:
Look for bearish continuation below the wedge support + cloud rejection.
🎯 Targets (Support Levels):
1st Support: 111.022
2nd Support: 110.561
🛑 Resistance Zone:
112.014 – 112.294
This zone continues to act as a strong supply area where sellers took control repeatedly.
📉 Today’s Fundamentals – Bearish CAD Bias
1️⃣ Crude Oil Pullback → Weakens CAD
Canada’s economy is heavily tied to oil prices. Today’s dip in crude oil puts pressure on the CAD, giving JPY an advantage.
2️⃣ Safe-Haven Demand Supports JPY
With global markets showing risk-off sentiment (concerns over slowing global growth + uncertain central bank guidance), investors favor safe-haven currencies like the Japanese Yen.
3️⃣ BoC Policy Tone Still Cautious
Recent Bank of Canada communications show limited confidence in economic momentum.
Markets expect slower growth → bearish CAD outlook.
➡️ Combination of oil weakness + JPY strength + wedge breakdown = bearish continuation setup.
🔖 Hashtags
#CADJPY #ForexAnalysis #PriceAction #WedgeBreakout #Ichimoku #FXTrading #TechnicalAnalysis #FundamentalAnalysis #SmartMoney #TradingViewCommunity #Kabhi_TA_Trading
⚠️ Disclaimer
This analysis is for educational purposes only.
Not financial advice. Always manage your risk and trade based on your plan.
💬 Support the Work
If you found this analysis helpful, please LIKE & COMMENT on the post ❤️
Your support motivates more high-quality setups daily!
BTCUSD Short: Descending Channel Targets $89,000 Demand ZoneHello traders! BTCUSD continues to trade within a clear descending channel, maintaining a strong bearish structure characterized by consecutive lower highs and lower lows. The price action repeatedly respected the channel boundaries, confirming solid seller control throughout the recent decline. Each time Bitcoin reached the upper boundary of the channel, it formed a pivot point, initiating another downward wave. Before the latest drop, BTCUSD spent some time moving sideways inside a Range Zone, showing temporary accumulation before sellers regained dominance. The bearish continuation led to another pivot formation near the channel’s resistance, triggering a fresh leg to the downside.
Currently, price has now approached the $89,000 Demand Zone, which aligns with the lower boundary of the descending channel. This level has acted as a significant reaction point, generating short-term bounces in previous price swings. The current positioning suggests that buyers may once again attempt to defend this zone. While below the $96,000 Supply Zone and the channel resistance, the broader trend remains bearish. BTCUSD is likely to experience a short-term corrective rebound from the demand area, aiming toward the $92,000–$93,500 region — a previous reaction cluster and local resistance.
My scenario is targeting the $89,000 level. However, if Bitcoin breaks below the $89,000 Demand Zone, it may trigger a deeper bearish continuation toward the lower liquidity areas around $88,000 or even lower. A confirmed breakout above $96,000 would be required to invalidate the bearish structure and signal a potential shift in momentum. For now, BTCUSD remains bearish, with a potential short-term correction from demand before further direction becomes clearer. Manage your risk!
BTCUSD: Bearish Momentum Aiming for New LowsHello everyone, here is my breakdown of the current Bitcoin setup.
Market Analysis
BTCUSD continues to follow a strong bearish market structure, consistently moving inside a well-defined Downward Channel. The chart clearly shows that after a prolonged consolidation phase inside the large Range, Bitcoin attempted both a fake breakout to the downside and a bullish breakout above the upper boundary — but neither attempt resulted in a sustained trend shift. This indicates that buyers lacked the strength to reverse the broader trend. Once price broke down from the range, BTCUSD established a clean sequence of lower highs and lower lows, forming two consecutive downward channels. Each retest of the channel’s upper boundary resulted in a strong bearish rejection, confirming heavy selling pressure at every corrective move upward.
Currently, the recent breakout below the minor support line inside the second downward channel once again demonstrates that sellers remain fully in control. Price is currently trading just above the major Support Zone around $90,400–$91,000, which has acted as a short-term demand area. However, the repeated bearish impulses and weak buyer reactions suggest decreasing bullish interest at these levels. BTCUSD is now hovering around support but forming a continuation pattern that leans toward further decline. Failure to break above the $96,000 Resistance Zone, aligned with previous structure and the former trendline, reinforces the bearish outlook.
My Scenario & Strategy
I expect that Bitcoin will likely attempt a minor corrective push to retest the broken support or the lower boundary of the channel — but any such move is expected to be short-lived unless strong buying pressure appears. After this corrective phase, BTCUSD may continue its decline toward the lower part of the channel and deeper support areas.
A confirmed breakdown below the current Support Zone ($90,400–$91,000) would strengthen the bearish scenario and open the path toward the next downside targets. Only a strong breakout above $96,000 — with clear bullish confirmation — would weaken the bearish bias and signal that buyers are stepping back into the market. For now, short positions remain more favorable, especially after corrective pullbacks into resistance zones within the downward channel structure.
That's the setup I'm tracking. Thank you for your attention, and always manage your risk.
EUR/USD – Buy Setup DevelopingThe EUR/USD is now showing potential for a buy opportunity after sweeping the trendline liquidity. The pair appears ready to rebound from the 1.15162 level, which aligns with a 1-hour Order Block—adding further confluence for a bullish reaction.
This area may serve as a strong support zone, suggesting a possible upward move if price holds above it.
Gold Analysis: Buyers vs Sellers Near Critical LevelsHello traders! Let’s take a look at XAUUSD (Gold). XAUUSD is currently trading within a broad corrective structure, moving between a well-defined Resistance Level near $4,100 and a strong Support Level around $4,030. Throughout the recent sessions, Gold has repeatedly reacted to these two key zones, forming clear ranges and turnarounds visible on the chart. Earlier, price created a large Range Phase, followed by a sharp rejection from the upper boundary of the descending Resistance Line, confirming continued selling pressure from higher levels. The repeated “Turned Around” reactions along this trendline show that sellers remain active every time price approaches the upper trend boundary. After breaking below the Seller Zone around $4,100, Gold retraced into the lower structure and entered the Buyer Zone, which aligns with both horizontal support and the ascending Support Line of the current bullish correction. This confluence makes the $4,030–$4,050 region a major demand area. Recently, XAUUSD bounced strongly from the Support Line, but the recovery stalled at the Seller Zone, where price is now showing signs of rejection once again. This confirms the zone as a significant barrier for buyers. A rejection from this level may trigger another downward movement toward the Support Level around $4,030, where buyers previously stepped in aggressively. As long as Gold trades below the descending Resistance Line and the $4,100–$4,110 area, the market retains a bearish-to-neutral tone. Only a clean breakout above this zone would signal a shift toward a stronger bullish phase and open the path to higher resistance levels. As long as XAUUSD remains below the $4,100 Resistance Level, sellers retain the advantage. I expect price to potentially reject the Seller Zone and move back toward the $4,050–$4,030 Support Level. A rejection from resistance sends price down toward $4,030, where buyers may attempt another defense. Break below this level opens the door for deeper correction. Overall, the market currently favors selling pullbacks into resistance, while the Support Line remains the key area for defending bullish structure. Please share this idea with your friends and click Boost 🚀
EUR/USD Analysis – Potential Buy OpportunityThe EUR/USD pair may start moving upwards to fill the liquidity void left during its decline over this week.
If a 15-minute candle closes above 1.15379 or inside this Order Block , this could present a good buying opportunity, with potential for the price to continue rising toward the Liquidity void
Keep a close eye on price action and ensure proper risk management before entering any trade.
Fundamental Market Analysis for November 21, 2025 GBPUSDThe pound remains under pressure after weak inflation data in the UK: headline CPI fell to 3.6% y/y and core to 3.4%, which has strengthened expectations of a Bank of England rate cut as early as December. Against this backdrop, the dollar retains the upper hand and the US dollar index is holding around 100. The combination of soft price dynamics and a cautious central bank shifts the balance of risks against GBP, limiting investors’ interest in the pound. There are signs of a cooling labour market: unemployment at 5% and wage growth at 4.2% y/y.
Fiscal policy remains a key driver: markets are awaiting the Autumn Budget Statement on 26 November, assessing the room for stimulus and potential borrowing plans. Earlier Treasury data pointed to moderate borrowing volumes, but weak growth dynamics constrain room for manoeuvre. At the same time, demand and labour market conditions in the US remain resilient, supporting the dollar and keeping GBP/USD near the lower end of its recent range. The market is looking for clearer guidance from the Treasury and the Bank of England on the policy path and timing.
Base case: with inflation easing and employment cooling, it is easier for the Bank of England to start a rate-cutting cycle than to tighten conditions further. This narrows the attractiveness of the pound relative to the dollar, which is supported by higher yields and robust US data. The scenario is to sell from 1.31000 with risk control. A turning point is possible if UK data surprise to the upside or the budget contains strong measures to support demand and productivity. Additional focus should be on Bank of England commentary.
Trade recommendation: SELL 1.31000, SL 1.31500, TP 1.30000
NZDCHF: Trend ContinuationDaily TF
Not much to say other than price is in a clear downtrend
H1 TF
Price crossed below ATL and is holding
EMA20 is barely below EMA60 so this is a weak downtrend confluence
Trading: definitely proceed with caution and consider reducing size and then scaling in momentum picks up
$OPEN – Breakdown + Reversal WatchNASDAQ:OPEN is showing the first meaningful signs of a potential trend reversal after weeks of controlled selling. Price has finally pushed back above the micro-range and is attempting to reclaim the $7.00 zone, which marks the beginning of a structural pivot on the 15-minute chart.
We’ve now seen a Break of Structure (BOS), early CHoCH signals, rising volume, and the EMAs beginning to curl upward — all classic signatures of a bearish cycle ending and a bullish cycle beginning.
If buyers continue stepping in, this move has room to expand.
Technical Overview
Support Levels:
$6.70
$6.55 (major demand + must hold)
$6.40
Resistance Levels:
$7.22 (first reaction level)
$7.52 (EMA cluster + supply zone)
$7.90 (strong high)
$8.43
$9.19
$9.48 (full structure flip level)
Structure:
Multi-day downtrend channel still intact, but breaking
Fresh BOS + multiple CHoCH signals
EMAs compressing and curling upwards
Micro higher-low formed at $6.55
Momentum:
RSI rising from oversold levels
Volume rotation from distribution → accumulation
Buyers stepping in aggressively at the lows
Trend Bias:
Bullish above $7.00
Strongly bullish above $7.22
As long as NASDAQ:OPEN holds above $6.55, this reversal structure remains valid.
A confirmed breakout above $7.22 opens the door to $7.52 → $7.90 → $8.43, with broader reversal potential toward $9.19–$9.48.
A breakdown below $6.55 invalidates the setup.
Sector Context
Opendoor continues to trade as a high-beta real estate tech play with strong correlation to mortgage rate volatility and risk-on sentiment. When risk rotates back into mid-cap growth, NASDAQ:OPEN historically shows outsized percentage moves — which aligns with the early reversal signals showing up on the chart now.
💡 My Plan
Entry Zone: $6.70–$7.05 (only on strength)
Targets: $7.52 → $7.90 → $8.43
Stretch Target: $9.19 → $9.48
Invalidation: Close below $6.55
NASDAQ:OPEN is showing early reversal behavior after a prolonged down move. If buyers maintain control above $7.00, this could be the beginning of a larger trend shift into December.
Drop your thoughts ⬇️ and I’ll post a MyMI follow-up with updated price targets. NASDAQ:PLTR NASDAQ:SOFI $Z NYSE:CVNA
EUR/CAD - Bearish Flag (20.11.2025)🧠 Setup Overview TICKMILL:EURCAD
EUR/CAD is forming a clean Bearish Flag Pattern after a strong impulsive drop.
Price is trading below the EMA, inside a rising corrective channel — a classic continuation structure. With cloud resistance above and repeated rejections from the upper flag boundary, bearish momentum is building. A confirmed breakdown below the lower trendline could trigger the next bearish leg.
📊 Trading Plan🔻 Sell Bias (Primary Scenario)
Watch for a candle break & retest below the flag
Enter short after confirmation
🎯 Targets:
1st Support: 1.6137
2nd Support: 1.6109
❌ Invalidation:
A strong candle close above 1.6230 cancels the bearish view
⚡ Fundamental Outlook – Today (20 Nov 2025)
CAD Fundamentals
1️⃣ Canadian Dollar strengthened as crude oil prices saw a mild rebound, supporting CAD (commodity-linked currency).
2️⃣ Bank of Canada remains cautious, but no new signs of easing have emerged — giving CAD some underlying firmness.
EUR Fundamentals
3️⃣ Euro under pressure due to rate-cut expectations in early 2026 as European economic data remains soft, especially in manufacturing.
4️⃣ Risk-off sentiment pushes flows toward safer currencies, indirectly affecting EUR negatively.
➡️ Fundamentals support a continuation move lower for EUR/CAD.
#EURCAD #Forex #BearishFlag #PriceAction #TechnicalAnalysis #EUR #CAD #ForexTrader #TradingSetup #KABHI_TA_TRADING #ChartsDontLieTradersDontQuit #TradingViewCommunity #SupportAndResistance #BreakoutStrategy
⚠️ Disclaimer
This analysis is for educational purposes only.
Not financial advice — always use proper risk management.
💬 Support My Work ❤️
If this setup helps you:👍 LIKE the post💬 COMMENT your view🔔 FOLLOW for daily setups
Your support motivates me to keep posting high-quality analysis!
ETH/USDT 1W review1. Broken uptrend
The black upward trend line has been clearly broken down.
➡️ This is a signal of a change in the market structure from uptrend → downtrend.
⸻
2. The current candle is under the important support of USD 3,070
You marked the ~3070 level as previous support.
Now the price is clearly below it, which suggests:
• breaking support,
• a retest from below may occur,
• continuation of declines is likely.
⸻
3. Another important support on the chart
I see strong levels:
🔴 #1 Support: $2,830 - $2,900 (current price)
This is the zone where the price is trying to hold – but it looks like there is a weak reaction.
🔴 Backer #2: $2,147
This is a wide zone where the upward impulse previously began.
➡️ If ETH drops below 2800-2830, the next logical target is 2150-2200.
⸻
4. RSI (1W) shows a downward trend
• RSI is around 40, which is close to the oversold zone.
• The RSI trend has been down for months.
• No bullish divergence (no trend reversal signal).
➡️ This supports the narrative of further declines.
⸻
5. Candle structure - clear downward momentum
Some previous candles:
• large red bodies,
• no aggressive buying,
• reflections are weak,
• The weekly candle currently looks bearish.
⸻
📊 Technical Summary
Based on the chart:
Short-term and medium-term trends: downward
The price broke key supports
Most likely scenario:
➡️ Continued declines to USD 2,150-2,200
if the 2830 level is broken and the weekly candle closes below.
⸻
📈 When would things look like they would turn around?
Only if:
✔️ Price will return above 3070
✔️ And will maintain a weekly close above this level
✔️ RSI will bounce up and divergence will appear
Then we can talk about a greater chance of returning to 3,500 and beyond.
Planning a long swing based on these confluencesHi Traders!
In my opinion, GJ continues to be bullish. I posted a mind on Oct. 31st about how I thought GJ was in a retracement phase, and it seems to be trying to reverse out of that retracement.
A few confluences that stand out to me are- an attempt to make a Invert. Head and Shoulder, and a bullish 4HR CHOCH. Now, I'm looking to take a long swing, but in order for me to do that I need my confluences to be lined up to make the best logical decision.
My desired entry targets would be at 202 or 201.500. 201.500 would bring price to a 4HR OB/consolidation area that price broke out of on Friday, Nov. 7th.
However, if price doesn't make it to my desired areas, I may wait for a break above 203.200 with a strong candle close (Higher TF). That could confirm the bullish 4HR CHOCH.
I like to give GJ room to move, so if 203.200 is the case, my SL would potentially be just below 202/last higher low. This is all depending on how GJ moves. TP swing target 207-207.500 with taking profits in between.
Leave a comment, and let me know your thoughts!
*DISCLAIMER: I am not a financial advisor. The ideas and trades I take on my page are for educational and entertainment purposes only. I'm just showing you guys how I trade. Remember, trading of any kind involves risk. Your investments are solely your responsibility and not mine.*
$LAES — Watching for a Reversal Attempt After Finding Bid SupporNASDAQ:LAES has been in a controlled downtrend over the past several sessions, but today’s early movement shows the first signs of stabilization. Price has now tested the $4.12 demand zone multiple times and continues to hold, creating a potential short-term base for a bounce attempt.
This level has acted as the intraday pivot between continuation and reversal — and the more it’s defended, the more likely we get a push back toward the overhead red resistance bands.
Today’s price action is showing small but consistent higher lows on the 15-minute chart, signaling early accumulation.
📊 Technical Overview
Support Levels: $4.12 → $3.93 → $3.88
Resistance Levels: $4.17 → $4.26 → $4.40 → $4.73
Structure: Micro downtrend → flattening momentum → possible short-term base
Momentum: Early intraday bullish signals printed on the RSI with small bullish divergence
Trend Bias: Neutral → modestly bullish above $4.12
Price has not yet broken the larger red zone overhead, meaning buyers still need confirmation before momentum fully shifts.
📈 What to Watch Next
1️⃣ Reclaim of $4.26
This is the first meaningful trigger that would flip intraday momentum bullish.
A break above $4.26 opens the door to a move into:
$4.40
$4.73
And potentially the $5.17–$5.40 zone (major prior liquidity pocket)
This entire area is stacked with prior sell orders — if volume comes in, it can accelerate quickly.
2️⃣ Holding $4.12 Support
This is the key to maintaining the current structure.
A close below $4.12 risks:
A drop into $3.93
And the final support at $3.88
Below $3.88, the chart re-enters the deeper breakdown zone.
For now, buyers are defending this level well.
💡 My Plan
Reversal Entry: $4.17 → $4.22 on higher-low confirmation
Breakout Entry: $4.27+ on volume
Targets: $4.40 → $4.73
Stretch Target: $5.17 / $5.40
Invalidation: Breakdown below $4.12 → back into bearish continuation
This chart is still early in the reversal formation — but if the $4.12 base holds, momentum traders will start stepping in.
🔥 Final Thoughts
NASDAQ:LAES is showing its first signs of stabilization after a multi-session sell cycle.
Now all eyes are on whether it can reclaim $4.26 to flip momentum.
Do you see NASDAQ:LAES attempting a reversal here — or does it need one more pullback before liftoff?
Drop your thoughts ⬇️ and I’ll post the updated chart with new levels.
NASDAQ:WKEY $LAESQ
EURUSD Short Setup if Key Level BreaksIf the EURUSD manages to break below the 1.15243 level, a potential short opportunity may develop around 1.15273. However, this setup is not confirmed yet, and the key element here is patience and proper validation.
For this scenario to become valid, the market must first close a 15-minute candle below 1.15243. Such a close would indicate that the price has successfully broken through the level and is showing signs of rejection from the 15-minute orderblock, suggesting that sellers are stepping in with intention.
This type of confirmation is essential because it filters out false breaks and ensures that the market is truly shifting momentum. If this rejection is validated, then the retest of 1.15273 could provide a precise and clean entry for short setups, with structure and liquidity alignment supporting the move.
Until that break and close happen, the level remains a potential reaction point rather than a confirmed bearish continuation signal. As always, waiting for clear confirmation helps avoid entering the market prematurely, especially during periods where liquidity sweeps are common.






















