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TradeCityPro Academy | Support & Resistance Part 2👋 Welcome to TradeCityPro Channel 🎓 Educational Section Technical Analysis Training Series Welcome to the Educational Content Section of our channel! Here, we aim to teach you technical analysis from A to Z through structured playlists. We’ll cover everything from risk and capital management, Dow Theory, support and resistance, trends, and market cycles, to more advanced concepts. Our lessons are based on both real market experience and The Handbook of Technical Analysis. 🎨 What is Technical Analysis? Technical Analysis (TA) is a method used to forecast price movements in financial markets by analyzing historical data, especially price and volume. It’s based on the idea that history tends to repeat itself, and that recurring patterns can reveal profitable trading opportunities. 📚 Complete Guide to Support and Resistance in Technical Analysis 🧩 Introduction In technical analysis, two key concepts form the foundation of nearly every trading strategy: Support and Resistance. These levels represent areas on the chart where the price is likely to change direction, as buyers or sellers regain control. But to truly understand them, you must go beyond the chart — because their origin lies in human psychology and collective behavior. 🟢 What Is Support? A support level is an area where buying pressure increases and prevents the price from falling further. It acts like a floor where buyers believe the asset has become cheap enough to buy. As a result, the market tends to bounce upward from that area. For example, if Bitcoin has repeatedly reversed near $55,000, that zone is considered a support level. 🔴 What Is Resistance? A resistance level is an area where selling pressure increases and stops the price from rising higher. When the price approaches this level, traders often feel the asset is “too expensive” and start selling. For example, if Ethereum has failed multiple times to break above $3,800, that area is considered resistance. 💭 Why Do Support and Resistance Form? Markets are not just numbers — they’re the reflection of human emotion and crowd behavior. When large groups of traders make similar decisions (to buy or sell) around the same price zone, it creates a psychological memory in the market. If price has reacted there before, traders remember it — and react the same way next time. This repetition forms the backbone of how support and resistance levels develop and strengthen over time. 🧠 The Role of Emotion and Crowd Psychology Emotions drive markets. When prices rise quickly, people experience FOMO (Fear of Missing Out) and rush to buy — until demand runs out and price reverses (resistance). When prices fall, fear of losing money triggers panic selling — until sellers dry up and price rebounds (support). This constant emotional cycle repeats endlessly, creating recurring support and resistance zones on every chart. ⚙️ The Structure Behind the Levels From a technical perspective, these levels form because large clusters of orders are placed around them. Traders typically set buy orders below the current price (near support) and sell orders above it (near resistance). So when the market reaches those areas, there’s a strong battle between buyers and sellers. That’s why these zones are not just psychological — they’re also built into the order flow and liquidity structure of the market. 📈 Reactions and Breakouts When price approaches a key level, two outcomes are possible: Reaction or Breakout. In a reaction, price touches the level and reverses — meaning buyers or sellers defend it successfully. In a breakout, price pushes through with strong momentum and high volume, breaking the market’s previous belief. After a breakout, the level often changes its role: A broken resistance becomes new support. A broken support becomes new resistance. This behavior is known as Role Reversal, one of the most powerful principles in chart analysis. ⚖️ The Professional Mindset Support and resistance are zones, not exact numbers. The market may slightly move above or below them before reacting — this is known as a fake breakout. Professional traders look for confirmation such as reversal candles, volume spikes, or RSI divergences before acting. The key is not to memorize lines but to read crowd behavior. Once you understand why people buy or sell at certain points, you gain a true edge over the average trader. 🧩 Conclusion Support and resistance are not just lines on a chart; they are the visible footprints of fear, greed, and collective memory in the market. By understanding their psychological and structural roots, you can identify better entry and exit zones, predict reactions more accurately, and avoid emotional mistakes. Learn to read the emotions behind the candles — because at its core, the market is simply a crowd of human minds trying to win.
Education
by tradecitypro
1
$FLOKI (DAILY): SHORT position opened yesterday, CORRECTSEED_DONKEYDAN_MARKET_CAP:FLOKI SHORT yesterday ($0.0000775) while 99% of crypto twitter was BULLISH just based on one tweeting-session by Elon. That's how stupid this industry is. 8% down in price, obviously this is leverage, so it needs to be managed as new data flows in. My STOP LOSS remains at $0.0000852, but I close manually if we see a strong candle close above $0.00008. Capital protection is key as markets are on the brink of a collapse due to CRYPTOCAP:BTC weakness. HIDDEN bearish OBV divergence on the HOURLY chart, a good sign. Not far away from my TP's now. 👽💙
Short
by ColdBloodedCharter
The Silent War Between Traditional Finance and Crypto!Hello Traders! Whether you realize it or not, there’s a silent war happening in the financial world, a battle between Traditional Finance and Crypto . On one side are banks, regulators, and old financial systems built over centuries. On the other, a decentralized movement that aims to replace them with blockchain and digital assets. This war isn’t fought with weapons, it’s fought with innovation, control, and trust. 1. The Old Guard, Traditional Finance Traditional finance relies on intermediaries, banks, brokers, and central banks. Transactions are slow, heavily regulated, and full of middlemen fees. The system gives stability but limits freedom. Every transfer, loan, or investment must pass through institutions that hold the power. 2. The New Challenger, Crypto & Decentralization Crypto removes the middleman by allowing peer-to-peer value exchange through blockchain. It offers transparency, speed, and global access, anyone with an internet connection can participate. For the first time, individuals can control their money without asking permission from financial authorities. 3. Why It’s a “Silent War” Traditional finance sees crypto as a threat to its control. Regulators tighten policies to limit crypto adoption, while institutions secretly invest behind the scenes. At the same time, crypto needs traditional finance for liquidity, fiat conversions, and institutional trust. So both depend on each other, even as they compete. 4. The Future, Integration, Not Elimination Over time, the war may end in balance, not destruction. Banks and funds are already entering blockchain through tokenization, ETFs, and digital custody. The final version of finance may be a hybrid, traditional systems powered by crypto infrastructure. Rahul’s Tip: Don’t think of TradFi vs Crypto as enemies, think of them as two forces shaping the next generation of money. The real winners will be those who understand both worlds and can adapt as they merge. Conclusion: The silent war between traditional finance and crypto is not about who wins, it’s about how finance evolves. Crypto challenges the old system, but also inspires it to improve. In the end, innovation always wins, and the world moves one step closer to financial freedom. If this post gave you a new perspective on the battle between TradFi and Crypto, like it, share your view in comments, and follow for more deep market insights!
CRYPTO:BTCUSDEducation
by TraderRahulPal
$ASTER (8-HOUR): FALLING WEDGE & DOUBLE BOTTOMOkay so in my last SEED_WANDERIN_JIMZIP900:ASTER update, I red-flagged the whole growing hype about the BOTTOM being IN. I was simply looking at the basic stuff, the volumes. I repeat myself a lot regarding the volumes, and I will do in the future, this is the very fundamental stuff in TA that people overlook and get trapped on a daily basis. Volume bars were super low, and one would expect serious buyers to step in if they thought that this price-range was value. They clearly didn't and the GOLDEN POCKET as resistance has done its job, as expected. Now, at 97c, making a DOUBLE BOTTOM with the collapse-day DEATH WICK. Imagine closing candles below the VALHALLA-DEATH-WICK. Not bullish, at all. We also have got a FALLING WEDGE forming, and in terms of ELLIOT'S, I made a negative count from the very top in September. This is likely the end of WAVE 3 (MONEY WAVE, but.. in-reverse, or upside-down, lol), so an expected WAVE 4 upwards to $1.45 is a viable scenario. STOP LOSS below the WEDGE, if I traded it, at 91c. This asset should be fine long-term, so I'm looking for a cheeky LONG, not ready yet👽💙
by ColdBloodedCharter
AUD-CAD Free Signal! Buy! Hello,Traders! AUDCAD Price has tapped into a horizontal demand area where smart money buyers are likely positioned. A potential bullish reaction could follow as liquidity gets absorbed from the previous lows. ------------------- Stop Loss: 0.9059 Take Profit: 0.9079 Entry: 0.9068 Time Frame: 3H ------------------- Buy! Comment and subscribe to help us grow! Check out other forecasts below too! Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Long
by TopTradingSignals
GOLD DAILY CHART ROUTE MAP UPDATEHey everyone, Check out our updated Daily Chart Route Map, now featuring updated levels for tracking Golds movement. We’ve refined our proprietary Goldturn Channel, our unique method for constructing ascending channels. Price action recently broke out above the channel, with a body close above 4325, leaving a long-term gap open near 4444. Currently, we’re observing rejection at 4325, and our channel top is now acting as support. The market is range-bound between 4325 (resistance) and 4183 (channel top as support). A decisive break above or below either of these levels will help define the next directional move, keeping in mind the open gap overhead at 4444. On the downside, 3961 remains the pivotal swing zone, aligning with the channel midline, should we see a confirmed break below 4183. As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
9
THE KOG REPORT - UpdateEnd of day update from us here at KOG: Yesterday we shared the hot spots together with the levels which as you can see worked well paired with the red box holding price down to play the range. Now, with buyers starting to lose faith and start hedging longs from above, we need some more confidence in the up move in our opinion. For that reason, we will say that the baseline here sits are 4030 and above that level we may be looking at the 4070-74 level initially. We need to form a swing here to at least meet the voids. Price: 4089 RED BOXES: Break above 4095 for 4110, 4125 and 4140 in extension of the move Break below 4082 for 4064✅, 4050✅ and 4020✅ in extension of the move As always, trade safe. KOG
FX:XAUUSD
by KnightsofGold
10
BTC WAIT FOR THE CRACK!After months of repeated warnings throughout the year about crypto's vulnerability, we’ve now arrived at a critical inflection point. If Bitcoin breaks down here, it could trigger a waterfall decline — potentially into a bidless market. This is a major level. What happens next could define the next phase for the entire crypto space. Stay alert. It's better to be out of the market wishing you were in than out of the market wishing you were out! No one is forcing you to be in the market! Click boost, like, and subscribe! Let's get to 5,000 followers! ))
BITSTAMP:BTCUSDShort
by RealMacro
40
$BTC (DAILY): DEAD CAT bounce, weak so far. $100k or $117k next?My WEEKLY CRYPTOCAP:BTC outlook remains rather bearish, and as far as the DAILY chart, pretty much the same, except in this case, we still haven't seen a candle close below the 200 MA. Lower HIGH, yes, the structure has shifted bearishly, but as long as above the green average ($108120 atm), I would still not exlude a higher DEAD CAT as we only had a bounce up to fib 0.5 ($114100) yesterday. So, it's either one, the classic crypto situation, close below $107-108k and I'm ready for a dip down to $99-101k. Show strenght above $109k and a stronger bounce to $117k could be next, that's exactly where the most of LIQUIDATIONS are sitting. See attached HEATMAP. So, essentially waiting to see the direction after the next daily CANDLE closes, anything can happen this week while the bigger picture is neutral-bearish based in the WEEKLY (see previous posts today). 👽💙
by ColdBloodedCharter
GBPUSD Sell Setup – Weekly Manipulation Pattern in PlayI'm currently short on GBPUSD, anticipating the completion of a classic weekly manipulation pattern. Here's the breakdown: - 🧠 Context: Price has shown signs of liquidity sweep above previous weekly highs, followed by strong bearish rejection. - 📊 Technical Confluence: - Bearish engulfing candle on the weekly timeframe. - RSI divergence signaling exhaustion. - Price breaking below key support turned resistance.
Short
by MH_Quan
EURCAD My Opinion! BUY! My dear friends, Please, find my technical outlook for EURCAD below: The instrument tests an important psychological level 1.6247 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 1.6323 About Used Indicators: Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1
SLPUSDT will pump hard that you will regret Why you miss itFrom a technical and fundamental perspective, BINANCE:SLPUSDT presents a compelling case for significant appreciation in the current market cycle. Our analysis suggests the asset is substantially undervalued relative to its long-term potential, currently trading at a significant discount to its perceived intrinsic value. The technical structure indicates that a robust bullish phase may be imminent. A conservative initial projection, based on classical measured move objectives and the scale of the prior consolidation, points toward a potential upside of +500%. This initial surge is anticipated to accomplish two critical technical feats: Breach Key Resistance Levels: It would likely overpower several significant technical resistance zones that have historically contained the price. Trend Change: Such a move would not be an isolated event but rather the likely catalyst for a sustained bullish market regime, shifting the longer-term trend structure decisively to the upside." DISCLAIMER: ((trade based on your own decision)) <<press like👍 if you enjoy💚
Long
by MMBTtrader