Get started

Resistence

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
BTC/USDT Short-Term 4H Review Chart🧩 Market Structure After a strong decline, the price has rebounded, creating a local uptrend (marked with the orange trend line). The price has currently broken through the uptrend from below, which is the first sign of bullish weakening. The current candle is testing this line from below—a classic trendline retracement (potential pullback). 📉 Support and Resistance Levels From the chart: Resistance (green lines): 113.868 USDT — key high. 111.240 USDT — strong resistance (previous local high). 109.133 USDT — currently being tested from below (confluence with the trendline). Support (red lines): 107.524 USDT — first support. 105.253 USDT — lower support, a boundary for maintaining the higher low structure. 103,582 USDT — key support, below which the upward structure will be negated. 🔍 Volume Increasing volume is visible on the red candles — selling dominated the trend breakout. The last green candle has a large lower wick and slightly higher volume — a signal of a possible defensive reaction from the bulls, but without confirmation of continuation. 📊 Stochastic RSI (oscillator) Located in the oversold zone (around 20). The %K line is starting to curve slightly upward — it could signal a short-term rebound, but until there's a crossover and confirmation, this is only an early signal. 📈 Scenarios ✅ Bullish: If BTC rebounds and closes the candle above 109,100 USDT, it will be a false breakout of the trend and a possible upward move towards 111,200–113,800 USDT. Support to be maintained: 107,500 USDT. ❌ Bearish: If the price remains below the trendline and 109,000 USDT, and then breaks above 107,500 USDT, the path opens to: 105,200 USDT, and then 103,500 USDT (strong support and potential buy zone). ⚙️ Summary Short-term trend: neutral → slightly downward (after the trendline breakout). Key level to watch: 109,100 USDT (retest trendline). Potential support: 107,500 → 105,200 → 103,500. Momentum (Stoch RSI): A bullish rebound is possible, but confirmation is lacking.
by cryptodailyuk
BNB/USDT 1D chart review📊 1️⃣ General context • BNB price is approximately USDT 1,100, after correction approximately -0.85%. • It is clear that the market is in a corrective phase after a strong increase - recent highs reached ~1,340 USDT. • Currently, the rate is balancing between support ~1069 USDT and resistance ~1149 USDT. ⸻ 🟢 2️⃣ Supports and resistances (key levels) • Closest support: 🔸 1069 USDT (short term, red line) 🔸 985 USDT – stronger support (previously tested, below EMA 50) 🔸 884 USDT – strong long-term support (potential correction low) • Resistances: 🔹 1149 USDT – first level to break 🔹 1226 USDT – important daily resistance 🔹 1344 USDT – main peak, border of the previous impulse ⸻ 📈 3️⃣ Moving Averages (SMA/EMA 50/200) • We see the yellow EMA 50 line and the green SMA 200 line crossed (EMA Cross 50/200). 👉 This is a golden cross - a medium-term growth signal. • Currently, however, the price has fallen below EMA 50, which means supply pressure in the short term. • As long as it stays above the 200 SMA (~1060-1070), the macro trend remains bullish. ⸻ 📉 4️⃣ MACD • The histogram is red and decreasing - this confirms that the downward momentum continues but may be weakening. • The MACD line (blue) is approaching the signal line (orange), which may indicate an impending bounce. ⸻ 🪫 5️⃣ RSI • RSI is around 40-45, which is close to the oversold zone. • This suggests that sellers may be losing strength and a technical rebound may occur soon.
by cryptodailyuk
Simple XAUUSD Strategy That Just Made 100 Pips!Gold played out beautifully today with a clear 100-pip move to the downside. After testing resistance near 4240, price showed rejection with strong bearish candles, confirming exhaustion from buyers and giving a clear sell signal. The structure shifted from higher lows to lower highs, signaling the start of a short-term correction. Once price broke below the intraday support zone, momentum carried it smoothly down toward 4145 — completing a perfect swing move. No complex indicators were needed. Just clean market structure, rejection candle confirmation, and patience for entry. The dollar strength added extra pressure on gold, aligning with the technical view. Key takeaway: follow structure, not emotion. A simple rejection and structure break can deliver more than any over-complicated setup. Consistency comes from clarity. Trade closed around 4145 with a solid 100-pip gain. Now watching the 4140–4130 zone for possible reaction or bounce setup before the next move. #XAUUSD #Gold #PriceAction #Breakout #SmartMoney #TechnicalAnalysis #DayTrading #Scalping #TradingView
OANDA:XAUUSDShort
by Droputs-Trader
2
BTC/USD 4H chart reviewBitcoin is currently trading around $109,000, a rebound after falling. An attempt to break the short-term downtrend is visible (yellow SMA line 1). The previous lows were around USD 104,500 - 105,000, and the current candle is trying to break the local resistance around USD 109,000 - 110,000. ⸻ 📊 2. Moving Averages (SMA / EMA) You have several averages on the chart: • The yellow line (SMA #1) – the short-term average, currently slightly sloping downwards, but the price is just breaking it from below – is the first sign of a change in momentum. • Red line (EMA Cross 50/200) – it looks like the 50 EMA is below the 200 EMA, confirming the downtrend in the broader picture. • Blue and green zones (EMA/SMA of higher intervals) – show strong resistance zones: • $112,592 • $115,674 → These are targets for a potential upside rally if the 109k breakout holds. ⸻ 💹 3. MACD • The MACD line crossed the signal line from below → it is a buy signal (bullish crossover). • The histogram increases above zero, which confirms the upward momentum. ➡️ MACD confirms that the upward correction continues, but we do not have a full upward trend yet. ⸻ 📈 4. RSI • RSI is around 55-60, i.e. neutral and upward. • It was previously in the oversold zone (around 30), so the current rebound is a healthy reaction. ➡️ No overbought yet, so there is room for further upward movement. ⸻ 🧱 5. Key technical levels. Level Support 1 $106,550 local support after rebound Support 2 $104,550 strong bottom from the previous move Support 3 $101,700 the last bastion of buyers Resistance 1 $109,000-$110,000 currently tested level Resistance 2 $112,600 another growth target Resistance 3 $115,700 EMA200 key barrier – trend change if it breaks
COINBASE:BTCUSD
by cryptodailyuk
$3,500 ETH Incoming! I AM SHORT!#ETH just rejected from a 4H supply zone. If the bearish PA continues, we will expect the local lows to be taken out and the $3,500 psychological number to be tested. How long will it take? Just sit back and enjoy the ride. Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade. Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit that thumbs up and share your thoughts below! This is not financial advice. This is for educational purposes only.
Short
by Navitility
BTCUSD 1D Chart • Trend: clear decline in the descending channel (yellow lines). • EMA 50/200: during a bearish cross (death cross) - medium-term bearish signal. • SMA 50 / 100 / 200: price below all key averages - a classic signal of market weakness. ⸻ 📉 1. Trend indicators 🔹 EMA Cross 50/200 (blue) • The price has fallen below EMA 200, which means that the medium-term trend is currently negative. • In addition, the EMA 50 breaks the EMA 200 from above - a sell signal. 🔹 Descending Channel (Yellow) • The price is close to the lower band of the channel, which may result in a short-term technical rebound, but the main trend remains down. • Upper channel line (resistance): approximately USD 114,000-115,000 • Bottom Line (Support): ~$101,000 📊 3. Momentum indicators 🔸RSI • RSI ≈ 37 → close to oversold zone, but not extreme yet. • Signal: Possible short bounce if it stays above the 30 level. 🔸 MACD • The MACD line is below the signal line and the negative histogram is growing → the downward momentum continues. • No signs of reversal yet. ⸻ 🔥 4. What does this mean in practice 🔻 Short-term (1-7 days): • Downward trend with a possible technical rebound in the area of ​​USD 104,000-101,000. • RSI close to oversold → possible pullback to USD 109,000–110,000. ⚖️ Medium term (2-4 weeks): • Until BTC returns above EMA 200 (approx. 115,000), the market remains in a correction/distribution phase. • If the price breaks 101,000 down, a possible decline to 96,900 or even USD 92,000 (previous macro support). ⸻ 📈 5. Scenarios ✅ Bullish (less likely now) • Maintaining above $104,000 • Breakout 109,000 → USD 112,000 → test 115,000 • Breakout of EMA 200 → trend reversal signal ❌ Bearish (more likely) • 104,000 raise → $101,000 test • If the support breaks, a decline to 96,900-97,000 is possible within a few days.
COINBASE:BTCUSD
by cryptodailyuk
EURUSD in channel resistance rangeHello friends The EURUSD currency pair has reached the ceiling in the channel resistance range and you can take a sell position at this price. The stop loss if the price stabilizes above the trend line in the 4h time frame is in the price range of 1.16900 The take profit is in the channel bottom range in the price range of 1.14800 Dear traders, please do not forget about capital management, risk management and adherence to the stop loss. When the price reaches the target, the update for this currency pair will be posted again, so follow me to be informed about low-risk and successful trading ranges and be the first to know I hope you are profitable.
Short
by morteza_javidi
ETH/USDT 4H chart review📉 Main trend (short-term) • The price is below the black downtrend line, which means sellers are dominating. • There is an attempt to break out above the trendline, but there is no continuation - i.e. a false breakout (so-called "bull trap"). ⸻ 🔴 Key support and resistance levels • Resistances: • 4,252 USDT – local resistance, the limit of the previous rebound. • 4,471 USDT – strong resistance, earlier peak after breakout. • 4,750 USDT – main resistance from a higher interval (possible target after a trend change). • Support: • 3,963 USDT – current price level, acts as local support. • 3,763 USDT – next strong support, confirmed by the previous rebound. • 3,435 USDT – critical zone, bottom of the structure. ⸻ 📊 RSI (oscillator) • RSI (bottom chart) is close to the oversold zone (<30). • This means that the market is overloaded with selling and a technical rebound may occur in the short term. ⸻ 🔍 Volume • Volume decreases with subsequent declines → a sign of supply fatigue. • This may suggest that a local bottom is approaching and a possible corrective move upwards. ⸻ 📈 Scenarios ✅ Bull scenario • If ETH stays above USDT 3,960-3,970, there may be a rebound to: 👉 USDT 4,250-4,470 (first target). • Confirmation: a candle closing above the black trend line. ❌ Bear scenario • If the price drops below USDT 3,960 and stays there for 4H, next drop target is: 👉 3,760 USDT, and in the event of a breakout – 3,435 USDT.
by cryptodailyuk
BTCUSD 1D chart review• Bitcoin remains in a broad uptrend, but is currently seeing a correction following a strong breakout from around $109,000 → $124,000. • The daily candle shows a large decline from the upper level, which may suggest strong resistance and profit-taking. ⸻ 📈 Key technical levels 🟩 Resistances: • USD 117,828 – the nearest strong resistance, marked by previous local highs. • USD 120,000–124,000 – last peak zone and potential sales area. 🟥 Support: • USD 113,600 – first short-term support (price is currently testing it). • USD 108,968 – strong support aligned with EMA 50 and yellow trend line. • USD 104,366 – another strong support, consistent with the previous low and EMA 200 level. ⸻ 🧭 Trend and moving averages • EMA 50 (yellow) is trending upwards - the medium-term trend is still upwards. • EMA 200 (blue) is also climbing - long-term trend maintained. • Price above EMA 200, but above EMA 50 only slightly - the market is in the equilibrium zone (there may be a larger move in one direction). ⸻ 📊 Technical indicators 🔹 MACD: • The MACD line begins to approach the signal line from above → bearish crossover. • The histogram with red bars confirms the slowdown in momentum. ➡️ Suggests that there may be a continuation of correction to lower support levels. 🔹RSI: • RSI ~50, neutral but heading down. • There is no oversold yet, but the momentum is waning - the market is losing buyer power. ➡️ If the RSI drops below 45, it will confirm downward pressure. ⸻ 📉 Pricing scenarios ✅ Growth scenario (rebound) • Price remains above USD 109,000 (EMA 50 + trendline). • Breakout and closing of the daily candle above USD 117,800 → opens the way to USD 122-124,000. • Condition: MACD must turn upwards and RSI >55. ⚠️ Downside scenario (correction) • If price breaks above $109,000, we could see a test of $104,000-105,000 (EMA 200). • Loss of USD 104,000 → possible move towards USD 98,000–100,000 (previous consolidation zone).
COINBASE:BTCUSD
by cryptodailyuk
AES Springs Out of Double BottomAES has been showing a constructive setup on the charts, and the latest move looks like a clear signal from the bulls. Recently, the stock broke out of a Double Bottom pattern , which is widely considered a bullish reversal structure. This pattern often marks the end of a downtrend and the start of a potential uptrend, especially when supported by volume and clear support levels. Adding to the strength of this breakout, AES took support from a strong support zone in the range of 12.24–12.5 . This area has acted as a solid base where buyers consistently stepped in, preventing further downside. The fact that the stock respected this zone before bouncing gives extra conviction that the downside is well protected in the near term. Now, with the breakout confirmed and buyers back in control, the next logical upside level comes in at 13.33 . This acts as the immediate price target based on the pattern’s projection and prior resistance levels. If AES continues to hold above the breakout area, momentum could carry it higher in the short term, attracting more participants who missed the initial move. On the flip side, a sustained break back below the 12.24 zone would weaken this bullish setup. Overall, the technical confluence of a Double Bottom breakout , strong support zone confirmation , and a clear price target of 13.33 makes AES an attractive setup to watch in the coming sessions.
NYSE:AESLong
by peace_lover
BNB/USDT 1D Chart Review🧭 Key technical levels Resistances: • 1,344–1,350 USDT – local resistance (last candle highs). • 1,535 USDT – strong resistance from previous highs. Support: • 1,193–1,200 USDT – first strong support (the reaction of the candles is visible). • 1,080 USDT – another important level, coincident with the yellow uptrend line and EMA50. ⸻ 📊 Technical indicators 1.EMA/SMA: • The red SMA and yellow EMA show that the medium-term trend is up (EMA 50 > EMA 200). • The price is currently testing the zone between the SMA and EMA - if it stays above ~1,190-1,200, a rebound may occur. 2. MACD (bottom): • The signal line (orange) crosses the MACD (blue) from above → bearish signal. • The histogram is starting to flatten - possible end of correction if it lasts for a few days. 3.RSI: • RSI around 50-55, neutral → no overbought or oversold yet. • If the RSI rebounds from 50 upwards, it may mean the price rebounds from support. ⸻ 📈 Scenarios ✅ Upward scenario (more likely if it maintains support) • Maintaining above 1,190 USDT → reflection towards 1,344 and then 1,535. • Confirmation: daily candle closed above 1,344 + increasing volume. ⚠️ Downside scenario • Loss of the level of 1,190 USDT → correction to 1,080 USDT (EMA 50 test). • If this support breaks, the next target is around USDT 950-1,000.
by cryptodailyuk
Will BTC go further down?🧩 1. General Context Bitcoin is currently declining after rebounding from around $124,000. The chart shows a clear descending channel (yellow lines), where the price bounced off the upper and lower boundaries. Currently, the daily candle is testing the lower boundary of the channel and the support zone (red rectangle) between ~$110,000 and $107,000. 📉 2. Key Technical Levels Resistance 1) 115,699 EMA50/SMA200 average zone — possible retest from below Resistance (2) 119,875 resistance with a potential bounce Resistance (3) 124,585 strong resistance with a potential bounce Support (1) 110,000 Daily support currently being tested Support (2) 107,111 200-day SMA — a strong defensive line in the uptrend Support (3) 105,000 Lower boundary of the September demand zone 📊 3. Moving Averages The 50-day EMA (~115,700) recently crossed the 200-day SMA (~115,600) → a possible death cross if it holds below. Price below the EMA50 and SMA100, approaching the SMA200 → momentum is definitely bearish in the short term. ⚙️ 4. MACD The MACD indicator shows a fresh crossover of the downward signal. The histogram deepens into the negative zone → confirmation of downward pressure. Momentum is negative, with no signs of upward divergence. 💪 5. RSI RSI = 37.9, close to the oversold zone, but not yet extreme. A technical rebound could potentially occur when touching 30–35. No divergence is visible yet (RSI confirms price movement). 🕯️ 6. Candlestick Structure The last three daily candles are: Two strong bearish candles with large bodies (without significant shadows). Today's candle with a lower wick is testing the 110,000 zone → a possible defense attempt by buyers. 📈 7. Short-Term Scenarios 🔻 Bearish: A break of 110,000 and a daily close below 107,000 → a possible decline to 105,000 and even 101,000–102,000 USD. The MACD and moving averages confirm this scenario. 🔼 Bullish: A defense of 110,000 and a return above 112,000–113,000 → a possible retest of 115,000–116,000 (EMA50/200) is possible. The RSI indicates that the market has cooled down → a short-term technical rebound is possible.
BITSTAMP:BTCUSD
by cryptodailyuk
Gbp/Jpy - Bullish Reversal From Demand ZoneDemand Zone (Blue Rectangle): The price tapped into this zone and showed a rejection wick. Suggests strong buying interest, as seen previously on October 7-8. Acts as a support base for a potential reversal or bullish rally. Resistance / Target Zone (Green Rectangle): Previous support turned resistance, aligned with a weak high. Logical target for a bullish move. Near 205.000 psychological level — a good place for taking profit. Entry Setup: Entry Point: Marked at the edge of the demand zone. Confirmation: Price rejection with a long wick and small-bodied candle indicates a possible bullish reversal. Confluence Factors: Break of Structure (BOS) and Change of Character (ChoCH) earlier in the trend. The price is now creating a higher low, suggesting a potential trend shift. Price is oversold (outer Bollinger band tapped), signaling a mean reversion. Indicators & Tools: Bollinger Bands: Price touched the lower band (supportive of reversal). Bands are starting to widen again, suggesting incoming volatility. Parabolic SAR (dots): Currently above price, indicating a bearish trend — but could flip if price breaks upward. Moving Average (Green Line): Price is below the MA — will need to break above for stronger bullish confirmation. Trade Idea: Bias: Bullish Reversal from Demand Zone Entry: Around 202.600 (current level) Target: 205.000 zone (resistance / weak high) Stop Loss: Below demand zone — e.g., 201.900 (below the wick) Risk Management & Notes: Wait for confirmation (e.g., bullish engulfing or MA crossover). Monitor for false breakouts — a break below demand zone invalidates setup. Ideal R:R (Risk to Reward) appears to be 2:1 or better. Summary: This chart suggests a potential long trade setup based on price rejecting a strong demand zone, with a target set near a resistance/weak high area. If momentum builds and breaks above short-term resistance, a bullish move toward the 205.000 area is likely.
Long
by Hamza_Gold
The LINK/USDT will probably go lower📉 Trend and Structure The price is currently trading within a descending channel (yellow lines), which has been in place since late August. The price attempted to break out of the channel at the top around $23.40, but buyers lacked strength – it was rejected at resistance and fell back below the downtrend line. Currently, the price is just below the upper edge of the channel and below the 50/200 EMA, confirming that the medium-term trend remains downward. 🔹 Key Technical Levels Support: $21.40 – local support, which is currently being tested. $20.80 – strong support from previous price reactions. $19.68 – lower boundary of the channel, a very important level for bulls. Resistance: $22.20–$22.70 – zone of the 50/200 EMA and previous rejections. USD 23.40 – the last local high and the point of the false breakout. USD 24.90 and USD 25.50 – key breakout levels from the channel, paving the way to USD 27–28. ⚙️ Technical Indicators MACD: The MACD line has crossed the upside signal → sell signal. The histogram has turned slightly negative, indicating a loss of upward momentum. RSI (14): Currently around 51, with a slight downward slope. Neutral, but with a strong upside – a drop to around 40 is possible before the bulls attempt a rebound. 🧭 Scenarios 🔻 Bearish Scenario (more likely) If the price remains below $22 and the channel is not broken, a further decline to $20.80 is possible, or even a test of the lower band of the channel at $19.70. Confirmation will be a close of the 4-hour candle below $21.40. 🔺 Bullish Scenario (less likely at this time) If the bulls reclaim $22.70–$23.00 and close the 4-hour candle above it, a breakout from the channel could occur. The targets will then be $23.40, $24.90, and $25.50, respectively. Increased volume and confirmation on the MACD (bullish cross) are required.
by cryptodailyuk
BTC Short-Term 1H🔹 General Context On the chart, we see that Bitcoin: Has broken the local downtrend line (yellow line), suggesting an attempt to change the short-term trend. It is currently consolidating just above the 50/200 EMA, which is a positive sign for bulls. We also see a MACD crossover in the positive zone and an RSI rising, but not yet overloaded (around 52–60). 🔸 Key Technical Levels Support: 122.460 USDT – strong local support, aligned with previous lows and the 200 EMA. 121.900 USDT – next support, also marked by the blue 200 EMA. 120.600 USDT – deeper support, recent significant low. Resistance: 123,700 – 123,900 USDT – resistance zone where the price is currently stalling (there was a reaction after the trendline breakout). 124,700 USDT – next resistance level (local high). 125,700 USDT – strong resistance resulting from previous swing highs. 🔸 Technical Indicators 📈 EMA 50/200 (golden cross on 1 hour): The 50 EMA is breaking below the 200 EMA – a classic bullish signal (Golden Cross). Confirmation requires the price to stay above 122,800 USDT for several H1 candles. 📊 MACD: The histogram has turned positive, the MACD line is breaking above the signal line – momentum is increasing. There is no strong negative divergence yet, so the signal is clear. 💪 RSI: Value ~52–60 – moderately bullish. It is not overbought yet, so there is potential for further upward movement. 🔹 Scenarios ✅ Bullish Scenario: Sustainability above 122,800 USDT. A breakout and retest of the 123,700–123,900 USDT resistance could open the way to 124,700 USDT and then 125,700 USDT. The MACD and RSI support this scenario. ❌ Bearish Scenario: A reversal from the current level and a decline below 122,400 USDT. A retest of 121,900 USDT and a possible deepening correction to 120,600 USDT is possible.
by cryptodailyuk
Xauusd - Price At Decision Point Price is currently hovering around a Decision Point at a key Resistance Zone, following a series of BOS (Break of Structure) and CHoCH (Change of Character) formations, indicating significant market shifts. Key Levels & Zones: Resistance Zone: Price is retesting this zone, which has acted as a ceiling previously. Demand Zone: Below current price — if the market rejects from resistance, this becomes a potential area for bullish reactions. Weak High: Marked just above current price action; may be targeted for liquidity sweep before a reversal. Scenario 1 (Bullish): Price breaks and holds above the Decision Point, invalidating the Resistance. Potential upside target towards 4,000 - 4,020 range. Confirmation would come from a strong bullish candle closing above the Resistance with momentum. Scenario 2 (Bearish): Rejection from current level (Resistance/Decision Point) suggests price may target the Demand Zone. Break below demand could lead price lower, targeting 3,940 area. Look for signs of exhaustion or bearish engulfing candles near resistance. Market Bias: Neutral-Bullish Awaiting clear breakout or rejection at the Decision Point to determine the short-term trend.
OANDA:XAUUSD
by Hamza_Gold
BNB/USDT 4H Chart Review📊 Market Structure The chart shows a symmetrical triangle (yellow lines) from which a breakout occurred upwards—a classic signal of a continuing uptrend. The price has broken above resistance at ~$1,210, which now acts as local support. Current price: ~$1,226, following a dynamic breakout from the triangle. 📈 Key Levels Support: $1,210 — Retest after the breakout (important defensive level for bulls) $1,193 — Previous local support in the triangle $1,170 — Stronger support and lower boundary of the previous consolidation Resistance: $1,239 — Local resistance that has already been tested $1,260–$1,265 — Next target upon breakout (equal movement or measuring the height of the triangle) $1,300 — Psychological and technical resistance level 📊 Volume The breakout was confirmed by a significant increase in volume, lending it credibility. No sharp drop in volume after the breakout — the market remains in demand. ⚙️ MACD The MACD is above the signal line and rising, confirming a bullish impulse. The histogram is positive, but not excessively broad → momentum is healthy, but not overheated. 💪 RSI RSI: ~75, which is slightly in the overbought zone. It's worth watching for a short-term correction or retest of the $1,210 level before the uptrend becomes more established.
by cryptodailyuk
1
ETHUSDT 1D chart review📊 1. Main trend • The chart shows a long -term movement in the inheritance trend channel in which the price is currently fighting for the mountain, but here you can see that the inferior canal limit is a strong resistance for the price. ⸻ 🧠 2. Medium walking • We see the cut SMA 50 and SMA 200 (so -called Golden Cross) - this is an upward signal in day interval. • EMA 50 (green) is approaching the intersection of EMA 200 (red) - if the growth cross is confirmed, it may mean further growth time. ⸻ 💹 3. Horizers of support and resistance Support: • 4,034 USDT - strong level, defended after the last inheritance. • 4,252 USDT - short -term support (after breaking above trendline). Resistance: • 4 720 USDT - local resistance, previously rejected several times. • 4,966 USDT - next strong resistance (local peak). If ETH pierces 4 720 with a volume, the road opens towards 4,950-5,000 USDT. ⸻ ⚙️ 4. Indicators Macd: • The histogram grows green → growth momentum. • The MacD line cut the signal line from the bottom → buy signal. RSI: • RSI around 60, which indicates the advantage of bulls, but without buying out. • If the RSI pierces 70, a short -term pullback may occur.
by cryptodailyuk
KIOCL on the verge of 8 years BreakOut📊 KIOCL Ltd – 8-Year Breakout Summary 🔑 Price Action Overview The stock is trading at ₹528.80 (+19.99%), hitting an upper circuit with strong momentum. Price is on the verge of a multi-year breakout from the consolidation zone that lasted nearly 8 years (2017–2025). Historically, every breakout in KIOCL has led to sharp parabolic moves (2017 rally, 2020 rally, 2024 rally). 📈 Key Resistance Levels 1. ₹540 – ₹560 zone → Immediate breakout resistance (current price testing this zone). 2. ₹620 – ₹650 → Next major resistance; earlier rejection zones in 2017 and 2024. 3. ₹750 – ₹800 → Medium-term resistance zone. 4. ₹900 – ₹1000 → Psychological & historical supply zone. 📉 Key Support Levels 1. ₹500 – ₹510 → Immediate support (previous resistance now acting as support). 2. ₹450 – ₹460 → Strong support, base of recent rally. 3. ₹400 – ₹410 → Long-term support, multiple touch points (2023–24). 4. ₹340 – ₹350 → Strong multi-year support zone; breakdown here invalidates bullish structure. 🔍 Volume & Strength Volume has spiked sharply (11.5M vs avg 9.9M), confirming institutional buying interest. Weekly chart breakout with highest volume in years indicates accumulation phase turning into expansion phase. 📊 Technical Indicators Momentum: RSI likely entering overbought zone but still bullish (strengthening breakout). Trend: Higher highs & higher lows visible since mid-2023. Pattern: Cup & Handle / Long-term Rectangle breakout. 🚀 Upside Potential Measured move targets (based on breakout projections): First Target: ₹620 – ₹650 (20–25% upside) Second Target: ₹750 – ₹800 (45–50% upside) Final Target: ₹900 – ₹1000 (80–85% upside) ⚠️ Risks Profit booking after sharp rallies. If it fails to sustain above ₹500 support, trend may weaken. PSU stocks can be volatile due to government policies. ✅ Summary in One Line: KIOCL is on the verge of an 8-year breakout with strong volumes. Sustaining above ₹500–₹510 opens the gates for ₹620 → ₹750 → ₹900+ in the medium to long term, while downside is protected by ₹450 & ₹400 supports.
NSE:KIOCLLong
by SuperChartz
1
BTCUSD 1W chart review• Currently BTC is at ~ USD 123,000 (+1.97%). • Strong support visible in the area of ​​113 400 USD and USD 106,800. • The next resistance is USD 124,500, and the next important is USD 133,500. 2. Trend: • You can see the growing trend line (orange), which supports increases. • The weekly candle is green and quite strong - suggests that the demand persists. 3. Medium walking (SMA / EMA): • SMA 50/200 shows the Golden Cross (EMA CROSS 50/200), which is a long -term bull signal. • SMA (red) is below the price → pro-rectification signal. 4. RSI (Relative Strength Index): • Currently approx. 60 → Neutral-BYCZECZE territory. • Not bought yet (> 70), so there is space for further increases. 5. MacD / Histogram: • The histogram begins to grow green - growth moment is growing. • This confirms that the buyers are taking over the initiative. ⸻ 📈 Scenarios: 1. Bull (greater likelihood at the moment) • If BTC pierces and stays above USD 124,500, the goal may be USD 133,500. • Breaking over 133K opens the road even to around 140k. 2. Bear • If the price does not pierce 124.5k and reject the resistance, it may drop to $ 113,400. • Punction below this zone will give a signal of declines up to USD 106,800.
COINBASE:BTCUSD
by cryptodailyuk