Key Support and Resistance Levels Resistance Level 1: 42488 Resistance Level 2: 43067 Resistance Level 3: 43575 Support Level 1: 40657 Support Level 2: 40109 Support Level 3: 39584 This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
https://www.tradingview.com/x/f93XJG8v/ My dear friends, EURUSD looks like it will make a good move, and here are the details: The market is trading on 1.0826 pivot level. Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 1.0873 About Used Indicators: Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis 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
The key support and resistance levels for SPY today are above. Follow me to get this notified when I publish in the morning. My group in my signature, get these first then ideas, and then minds; I also post these for QQQ TSLA META VIX in my group, so join if yall havent Understanding key levels in trading can provide valuable insights into potential market movements. These levels often indicate where prices might reverse or consolidate, serving as important signals for traders considering long (buy) or short (sell) positions. Calculated using complex mathematical models, these levels are tailored for today's trading session and may evolve as market conditions change. If you find this information beneficial and would like to receive these insights every morning at 9:30 AM, I invite you to support me by boosting this post and following me @OnePunchMan91. Your engagement is greatly valued! However, please note that if this post doesn’t receive more than 20 boosts, I will have to reconsider providing these daily updates. Thank you for your support! Need any other charts daily, Or how to trade this? Comment on this.
... for a 48.05 credit. Comments: Adding at a strike better than what I currently have on, selling the -75 delta call against shares to emulate the delta metrics of a 25 delta short put, but with the built-in defense of the short call. Metrics: Buying Power Effect/Break Even: 48.05 Max Profit: 2.95 ROC at Max: 6.14% 50% Max: 1.48% ROC at 50% Max: 3.07% Will generally look to take profit at 50% max, add at intervals if I can get in at strikes better than what I currently have on, and/or roll out short call at 50% max.
ETH has declined by 53% since its 2024 year high (YH24) of $ 4108. A bottom price is expected to lie around $ 1760. However, TA shows ETH will rise to $ 5400, or more, based on a megaphone pattern on the weekly chart. This price target could be reached in November 2025. For ETH a difference of $ 2170 (the height) between the present price at the support line and the upper trendline around $ 4108 exists. Once that resistance is broken the price target is calculated by adding 60% of $ 2170 (= $ 1302) to the price at the breakout point. So $ 4108 + $ 1302 ≈ $ 5400. The price target of $ 5400 could be a low one given the fact that a break out is likely to happen at the end of September 2025 and the height of the pattern is larger then. A strong correlation between ETH and BTC exists. This allows us to have a look at BTC to get an estimate when ETH may start to rise significantly. Possibly this rise could start in early May. Strong rises in the past for ETH and BTC occured in November 2024 and October 2023. On both instances BTC broke out of a broadening wedge pattern and crossed RSI = 70 on the daily chart. Those broadening wedge patterns lasted 40 - 60 days. At present time no such pattern can be seen, so in case history repeats ETH may start to rise strongly at the start of May (40 days from now). The bottom could be a price of around $ 1760 showing by possibly a double bottom (or Adam & Eve or 'cup n handle' etc.). Anyway exciting times lie ahead.
Hey yall! No news today it’s a little quite so of course I marked up both ways for a buy and sell. You can choose to put in both and see which one takes off! There is a ‘W’ forming so it will be interesting if she keeps rallying up for the buy or drop for the sell at the point of resistance and fall heavy. As always SL is wide at 120 points and feel free to change your levels as you see fit. Please use proper risk management and follow your plan!! GOOD LUCK :)
Bitcoin Update : 6 Months Left Until the Bear Market You asked for a Bitcoin update — here it is. I don’t post updates too often because I’m currently focused on developing my academy. But let’s get straight to the point. Where Are We Now? There are only 6 months left until the end of the current bull cycle . My vision remains unchanged: we’ve gone through a correction and are now forming the bottom of this move. This is a classic consolidation phase, where the market is preparing for its next big push. I’m still bullish, but it’s important to remember that we’re in the distribution zone . This means upward movement will be accompanied by volatility and local pullbacks. What to Expect in the Coming Months? The next 2 months are likely to be monumental. We’ll see new highs, but in 2 months, most people will have already forgotten about this forecast (as usual). People tend to ignore long-term trends until they become glaringly obvious. However, publishing exact targets on the chart right now isn’t the smartest move. We might not even reach them, as emotions and news drive the market. Key Moment: May 2025 In May, there will be a major announcement in the US regarding cryptocurrencies . This will be a turning point. The market is currently moving based on the current sentiment, but after May, things will change. When politicians start talking about crypto, it’s our signal to exit. My Take Don’t underestimate the importance of timing. When everyone starts talking about Bitcoin, it’s already time to get out. Until then, we’ll see growth, but keep this in mind: the next 6 months are for closing positions, not opening new ones. Be prepared for a significant correction after September — more than 50% from the peak . This is a natural process that repeats itself over and over again. Conclusion The market moves in cycles. They work like clockwork: 151–152 weeks of growth (bull cycle). 51–53 weeks of correction (bear cycle). We’re nearing the end of the bull cycle. Act consciously, stay disciplined, and remember that success comes to the patient. Best regards, EXCAVO _____________________ Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
... for a 17.57 debit. Comments: And back into XRT, which is at/near 52 week lows with a long call diagaonl/Poor Man's Covered Call, buying the back month 90 and selling the front month that pays for all the extrinsic in the long. Metrics: Buying Power Effect: 17.57 Break Even: 67.57 Max Profit: 2.43 ROC at Max: 13.83% 50% Max: 1.22 ROC at 50% Max: 6.92% Will generally look to take profit on the setup as a unit at 50% max and/or roll out the short call when it is at 50% max.
Thesis on key levels and potential trade set ups for the stocks listed in the title. HTF perspective of the 1D and W chart with guidance on lower time frame entries.
Bitcoin continues to face resistance at the 200 MA, which it briefly reclaimed earlier this week before failing to hold. The rejection confirms that the 200 MA remains a key barrier, with price currently trading below it. We're still stuck between $85,000 resistance and the broader support zone around $77,000. Volume remains unimpressive on this bounce, signaling that buyers are not stepping in aggressively. This makes the recent push toward $85,000 look more like a relief rally than a genuine breakout attempt. RSI remains neutral, hovering near the midline after confirming bullish divergence coming out of oversold territory earlier this month. Momentum seems to be fading, and Bitcoin will need to clear the 200 MA with conviction to build bullish momentum toward $91,000. A breakdown from here would likely target the $77,000 area again. For now, Bitcoin remains range-bound, with traders waiting for a decisive move to confirm the next direction.