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Support and Resistance

Almost time to bid for volatility? $UVIX over $100?I think we're getting really close to a large spike in volatility. I think it's likely that vol will continue to fall into next week (and potentially a big longer into November), and if we can get down to the $8-$8.50 region, that there's strong support there and that could trigger a reversal. SPY is almost to my upper levels of $709-716, and if we can see a push up there and a drop down to the support levels in UVIX that should trigger a reversal on both charts. I do think the spike in volatility will be strong. The most probable levels on the chart for a spike to find resistance in is $110-117, which would be a spike of 1100%-1200% or so if you were to catch the move entirely, and of course if the idea plays out. I've also marked other resistance levels, should we get a smaller spike. Could be the best trade of the year if it comes to fruition. Going to be watching the chart over the next week or so and will likely bid those levels with some calls for a trade.
CBOE:UVIXLong
by benjihyam
2
Euro Coils Ahead of Fed / ECBEuro plummeted more than 3.1% from the yearly highs with price exhausting into technical support for the past three-weeks and the focus is on possible inflection into this zone with the medium-term risk still weighted to the downside while below the monthly open (1.1734). Initial weekly support rests with the July low-week close (LWC) / 61.8% retracement of the July advance at 1.1586/93 and is backed by 1.1497-1.1505- a region defined by the March 2020 high, the 2022 high, and the 100% extension of the September decline. Look for a larger reaction there IF reached with a break / weekly close below needed to suggest a more significant high is in place / a larger correction is underway within the broader uptrend. Subsequent support objectives eyed at the Aril high close at 1.1394 with the next major technical consideration eyed at the 2024 high-week close (HWC) / 38.2% retracement of the yearly range at 1.1228/54. Weekly resistance is eyed at the 1.1747/75- a region defined by the 2025 HWC, the June high-close, and the 61.8% retracement of the September decline. A breach / weekly close above this pivot zone is needed to mark resumption of the broader uptrend with key resistance steady at the 100% extension of the 2022 advance / 38.2% retracement of the broader 2008 decline at 1.1917-1.2020 (area of interest for possible exhaustion / price inflection IF reached. Subsequent resistance eyed at the 2021 HWC at 1.2218 in the event of a breakout. Bottom line: Euro is trading just above support, and the focus is on inflection off this zone in the days ahead with a weekly close below needed to fuel the next leg of this pullback. From a trading standpoint, rallies should be limited to 1.1734 IF price is heading lower on this stretch with a close below 1.1497 needed to fuel the next leg of the decline. -MB
by FOREX.com
Google Wave Analysis – 24 October 2025- Google broke key resistance level 255.00 - Likely to rise to resistance level 270.00 Google broke above the key resistance level 255.00 (which stopped the previous impulse waves 3 and i, as can be seen from the daily Google chart below). The breakout of the resistance level 255.00 accelerated the active minor impulse wave 5 of the daily impulse sequence (1) from April. Given the strong daily uptrend, Google currency pair can be expected to rise to the next resistance level 270.00 (target price for the completion of the active impulse wave iii).
NASDAQ:GOOGLong
by FxProGlobal
ZECUSDT Breakdown Incoming? Don’t Get Caught Long!Yello, Paradisers! Have you been paying attention to what’s happening on ZECUSDT lately? If not, now’s the time to look closely—because the signs of an incoming bearish move are stacking up fast, and getting caught on the wrong side could be costly. 💎Right now, ZECUSDT is reacting directly from a key 4H resistance zone, and the price structure is showing some serious warning signals. We’re seeing the formation of a clear Head & Shoulders pattern, which is one of the most reliable bearish reversal setups. On top of that, there’s bearish divergence showing up—indicating that upside momentum is fading, even as price attempts to push higher. 💎This kind of setup is what experienced traders wait for. For aggressive traders, there’s already a potential short opportunity from current levels. However, if you're more conservative (as you should be in this kind of uncertain environment), it's smarter to wait for a pullback and then look for a clear bearish candlestick formation. That confirmation will not only improve the probability of success but also provide a much more favorable risk-to-reward ratio. 💎But caution is key here. If price breaks and closes above the resistance zone, this whole bearish idea becomes invalid. In that case, the best move is to stay patient and wait for clearer price action before making any decisions. Jumping in early without confirmation is what wrecks most traders. 🎖Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler. MyCryptoParadise iFeel the success🌴
Short
by MyCryptoParadise
5
I held off as long as I could -- long at 34.72I have only so much willpower and only so much fear of market corrections. Both were exceeded today. I do not argue that this stock is overvalued based on its current business. I can make a case for its long term positive future (AI needs SOOOOOOO much energy while we apparently think it's a good idea to squash free energy in this country). Small modular reactors will be part of the energy future globally I suspect both near and especially, long term. That said, I am a trader, not an investor. A 35% pullback that respected (so far) the most recent low is as much as I can justify waiting on a stock that has produced the gains this one has for me. Could it go down another 15%. I suppose. But I don't think it will before it rebounds, and when this thing rebounds, it makes Nikola Jokic (or insert your favorite NBA rebounder here) look like a child. It has had 5 15% or more single days since June. It had a chance for a head and shoulders top back in June-Sept and it failed and ran to all time highs. To me this is a steep correction, but not a trans failure 30 is my expected floor here, but anything is possible if the whole market melts down. Regardless, this trend began back at the beginning of 2024 and is still very much intact here. In my perfect world, though, this is a trade that lasts less than a week for me. Tactical adds and sells until final resolution are always a possibility. As always - this is intended as "edutainment" and my perspective on what I am or would be doing, not a recommendation for you to buy or sell. Act accordingly and invest at your own risk. DYOR and only make investments that make good financial sense for you in your current situation.
NYSE:SMRLong
by redwingcoach
5
BONK: ALTsummers darling is dumping.BONK – One of the First Runner of #ALTSummer BONK was one of the first tokens to blast off this summer, setting the pace for early alt momentum. It completed what looks like a clean five-wave impulse up, but now we’re seeing the market digest that move. If the structure were still strongly bullish, we’d expect a simple internal retracement into the summer impulse before continuation. Instead, the current price action is drifting lower and looks ready to sweep the origin of that move. That tells us this may be more than just a pullback. On the hard right edge, the structure is giving off triangle vibes. The range is tightening, volume is contracting, and the swings are overlapping. In Elliott Wave terms, a triangle is often the final pattern before the last move of a sequence. It’s the market coiling up before making its decision. If this forms and finishes as a triangle, we can use it to anchor the count. A clean thrust and sweep of the pivot could trigger short-term upside and possibly close out the current leg. From there, the key question becomes whether that push is the start of something new or simply the last gasp before one more low. For now, I’m watching how BONK handles this pattern. If it holds and breaks above the triangle invalidation, that would confirm a short-term bullish response. If it completes and breaks lower, the summer impulse is likely complete, and the next real opportunity will come from the base that forms afterward. Trade safe, trade clarity. TonyTalon
COINBASE:BONKUSDShort
by CryptoKnee
EUR-USD Bullish Bias! Buy! Hello,Traders! EURUSD SMC based forecast shows price reacting from the horizontal demand area with strong bullish momentum. Liquidity beneath previous lows has been swept, indicating potential continuation to the upside toward the target level. Time Frame 5H. 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
2
Gold Eyes 4,010 Support Ahead of CPI – Big Move Loading?Hey Traders, In tomorrow’s trading session, we’re monitoring XAUUSD for a potential buying opportunity around the 4,010 zone. Gold remains in a broader uptrend and is currently in a correction phase, approaching a key support and resistance confluence around 4,010 that aligns with the ascending trendline. Market Focus: All eyes are on tomorrow’s U.S. CPI release, with expectations for headline inflation at 3.0% and core at 3.1%. A softer-than-expected print could weigh on the U.S. Dollar, potentially igniting fresh momentum for GOLD to resume its bullish trend. Next Move: Watching price action around 4,010 closely — if CPI data confirms disinflation, we could see a strong rebound toward recent highs as safe-haven demand strengthens. 💬 What’s your take on the CPI? Are you positioning long or waiting for confirmation? Drop your thoughts below! Trade safe, Joe
OANDA:XAUUSDLong
by JoeChampion
13
Berkshire’s Lower HighsBerkshire Hathaway has lagged as the broader market hits new highs. Is the financial giant stalling? The first pattern on today’s chart is the series of lower highs since early May. Those may suggest its long-term uptrend is fading. Second is the pair of large solid candles on October 10 and October 16. Prices have failed to get above those ranges, which may reflect a lack of buyers. Also notice how the $496 area was support earlier this month but has now morphed into apparent resistance. Traders may next eye the August 22 weekly close of $489, which the conglomerate has recently stayed above. Would a close below that level trigger a breakdown? Third, the 50-, 100- and 200-day simple moving averages (SMAs) have converged in the last two weeks. That could also reflect a weakening long-term trend. Third, MACD is falling and the 8-day exponential moving average (EMA) is below the 21-day EMA. That may reflect growing bearishness in the short term. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
NYSE:BRK.B
by TradeStation
Gold bulls under pressure await reversal News： Spot gold prices fluctuated within a narrow range, consolidating after a sharp pullback from all-time highs. Spot gold traded around $4,133 intraday, rising slightly after two consecutive days of decline, as safe-haven demand remained supported by a combination of economic anxiety and geopolitical tensions. The US-China trade standoff remained a focus for investors, with reports that Washington was considering new export restrictions ahead of the US-China talks. The US government shutdown, now in its fourth week, continued to weigh on market sentiment. Meanwhile, the prospect of further monetary easing from the Federal Reserve also impacted investor positioning. Specifically: The 4-hour level six-month moving average and the 2-hour level 66-day moving average of gold are resonating support at the 4160 line. Today, we will see its gains and losses. The 4-hour 5-day and 10-day moving averages are concentrated at the 4140 line. Breaking below this level today triggered further declines. Currently, the upper side is focused on short-term resistance at 4160, while the lower side is focused on short-term support at 4065-4070. Gold is under pressure and struggling to break through. Trading strategies should prioritize shorting during rebounds and under pressure. For intermediate positions, be cautious in following orders and patiently wait for key entry points. I'll provide detailed trading strategies on the channel, so stay tuned. Trading strategy: Buy: 4165-4160, SL: 4175, TP: 4120-4090
OANDA:XAUUSDShort
by TheodoreSilas
$OPEN: The Gravity of Value and the Marathon RunnerNASDAQ:OPEN : The Gravity of Value and the Marathon Runner Greetings, trader. The market is a living entity, and every chart tells a story of its breath—the constant inhale of accumulation and the exhale of distribution. Today, we observe NASDAQ:OPEN , and it's telling a fascinating tale of gravity and value. The price has had a magnificent run, a powerful inhale. But as any #limitlessTrader knows, what goes up must eventually pause, reflect, or return to its source. We are now seeing the signs of that exhale, and it's our job to listen, not to predict. The Technical Landscape: Reading the Map To navigate, we must first learn to read the map. Two of our most trusted tools are the Volume Profile and Fibonacci Retracements. 1. Understanding Value (The VPVR) For those new to this perspective, look at the histogram on the left side of the chart. This is the Volume Profile (VPVR) . Think of it as an X-ray of the market, showing where traders have done the most business, not just when. It reveals the market's "fair price" zones. We can see three key landmarks: Point of Control (POC) at ~$2.75: This is the red line, the single price level with the most traded volume. It's the market's "center of gravity"—the most popular spot in the room. Value Area High (VAH) at ~$8.50: This is the top of the "value area," where ~70% of all trading occurred. Think of it as the ceiling of the 'fair price' zone. Value Area Low (VAL) at ~$1.50: This is the floor of that same 'fair price' zone. 2. Understanding Price Memory (The Fibonacci) The other tool on our chart is the Fibonacci Retracement . If the VPVR shows us space (where value is), the Fibonacci tool shows us memory (how price reacts to its own past). We draw it from the start of a major move (the "swing low") to the end of that move (the "swing high"). The levels it creates (like 0.382, 0.5, 0.618) may be magic; they are percentages of that prior move. Traders all over the world watch these levels, so they often become self-fulfilling areas of support or resistance aka prophecies of a guru... to those unfamiliar — an echo of the market's past. The Current Story: The Stretched Rubber Band Now, let's combine these tools to read the current story. Our current price is hovering just below the VAH of $8.50. This sets up a classic Mean Reversion thesis. Mean reversion is the simple, philosophical idea that price, when stretched too far from its 'mean' (the POC), will eventually feel a gravitational pull to return. The price is currently stretched far from its POC at $2.75. It has rallied up to the "ceiling" (the VAH). But that's not all. It's also failing to reclaim the 0.618 Fibonacci level (at $7.33) from the last swing. This failure at "price memory" combined with the rejection at the "value ceiling" is a powerful, bearish combination. Trying to force a long position here is what we call "being a salmon" —it's swimming directly against two strong currents (value and price structure). It is a path of great resistance. An Illustrative Setup: The Starting Line A trade is simply a hypothesis with defined risk. It is not a prediction; it is a plan. This setup is purely illustrative, showing how one might structure a trade around this hypothesis. This is a bearish (short) idea, anticipating a rejection from the VAH. Hypothesis: The VAH ($8.50) and Fib resistance ($7.33) will hold, and the price will be pulled back toward its 'center of gravity.' Entry (Short): $8.50 (Right at the VAH ceiling). Invalidation (Stop-Loss): $9.26 (A clear sign the hypothesis is wrong). Objective (Target): $3.77 (A logical support level, capturing the move). This plan offers an exceptional 1:6.22 risk-to-reward ratio. This asymmetry is what we seek. The Philosophy of the Race Before we map out the run, we must clear our minds. Look at the chart; you can see a previous successful short setup that played out. A critical lesson for every trader is to not be fooled by the past. Just because the last "race" was won does not guarantee anything about this one. That was last quarter's marathon; this is a brand new day, a brand new race, with its own unique conditions. We must analyze the market as it is now , not as it was. Now, to the plan. A trader works best with profits in their pockets. Think of this trade plan as a marathon. My analysis simply shows one interpretation of a possible Start Line ($8.50) and a potential Finish Line ($3.77). But this race is long, fuzzy, and unpredictable. What the runner (you) does at the checkpoints along the way is up to you. The Fibonacci levels at $6.24 (0.5) and $5.14 (0.382) are the checkpoints in this race. There are many ways to run this marathon: The "Hydration" Method: The runner takes a "drink" (sells 1/3 of their position) at the first checkpoint ($6.24) and another drink at the second ($5.14), guaranteeing they bank profit. The "Pacing" Method: The runner starts the race, and as soon as they clear the first checkpoint ($6.24), they adjust their "pace" by moving their stop-loss to their entry ($8.50). The race is now "risk-free." The "Sprint" Method: The runner decides they don't want to run the full marathon. They sprint to the first major checkpoint ($6.24), take all their profits, and call it a day. A 1:2.97R race is still a fantastic trade. Remember, this plan is just one piece of the puzzle. Your risk management is the frame that holds it all together. Listen to the market's breath, and manage your race in a way that keeps you running tomorrow. Disclaimer: This is not financial advice. It is for educational and informational purposes only. Please conduct your own research and manage your risk accordingly.
NASDAQ:OPENShort
by TheTradingDoct0r
SOLUSD: Key 175 Support in Focus After 198.5 Rejection SOLUSD is currently consolidating in a range, facing a pullback after being rejected by the 198.5 current resistance level. For the bulls to regain control, the price needs to break and hold above the 198.5 resistance, which would set the stage for a move towards the 200 to 205 key resistance zone. The current bearish pressure suggests that a retest of the 175 current support level is likely in the short term. A breakdown and close below the 175 support would be a significant bearish development, potentially sending the price down to the 160 to 165 key support zone. Disclaimer: The information provided in this chart is for educational and informational purposes only and should not be considered as investment advice. Trading and investing involve substantial risk and are not suitable for every investor. You should carefully consider your financial situation and consult with a financial advisor before making any investment decisions. The creator of this chart does not guarantee any specific outcome or profit and is not responsible for any losses incurred as a result of using this information. Past performance is not indicative of future results. Use this information at your own risk. This chart has been created for my own improvement in Trading and Investment Analysis. Please do your own analysis before any investments.  
CRYPTO:SOLUSD
by ManiMarkets
XRPUSD: Bulls Challenge 2.500 Resistance After Trendline Break XRPUSD has successfully broken out from its descending trendline and is currently pushing towards the 2.500 first resistance, having established strong support at the 2.300 key level. A decisive close above the 2.500 resistance would signal continued bullish strength, opening the door for a potential move towards the 2.700 key resistance and then the 2.90 to 2.95 flip zone. If the price fails to overcome the 2.500 resistance, it could pull back to retest the 2.300 key level, which now acts as a critical support. A breakdown below the 2.300 support would negate the recent bullish momentum and could lead to a deeper correction, with the 2.1 next support level being the primary downside target. Disclaimer: The information provided in this chart is for educational and informational purposes only and should not be considered as investment advice. Trading and investing involve substantial risk and are not suitable for every investor. You should carefully consider your financial situation and consult with a financial advisor before making any investment decisions. The creator of this chart does not guarantee any specific outcome or profit and is not responsible for any losses incurred as a result of using this information. Past performance is not indicative of future results. Use this information at your own risk. This chart has been created for my own improvement in Trading and Investment Analysis. Please do your own analysis before any investments.  
CRYPTO:XRPUSD
by ManiMarkets