SCR has completed a significant correction, reaching a key Fibonacci support zone around 0.342. The chart shows a deep retracement, hinting at a potential reversal from this level. ? Fibonacci Levels – The current support aligns closely with the 0.618 Fibonacci retracement level at 0.927, which is often considered a strong reversal point after a correction. ? Potential Upside Targets: 0.786 (1.283) – First significant resistance if the bounce occurs. 0.886 (1.556) – A stronger resistance level that could act as a potential profit-taking zone. 1.0 (1.940) – Recovery to previous highs and the key psychological level. 1.236 (3.062) – Extension target after breaking the previous high. 1.618 (6.410) – Ultimate bullish target in case of a full trend reversal. ? Scenario Analysis * Bullish Reversal (70%): Price holds support, starts a rally towards 1.283, then 1.556, and beyond. * Further Breakdown (30%): Price fails to hold 0.342, leading to deeper corrections towards 0.280 or lower. Let's see if bulls can maintain the critical support or if bears push for a deeper correction! ?
I see a possible horrible set up coming. But also an incredibly easy set up for the current US Administration to revert policy at a certain level. I start to wonder if they are actually not looking at the market like they said. Its not like you need to look at the market for more than 5 minutes a day after doing a SINGLE in depth analysis on a longer time frame. We will se what happens.
gold could be start point entry starts 2887 to as soon short position will be starts
OANDA:XAUUSD is moving inside a clear ascending channel, with the upper boundary acting as long-term resistance and the lower boundary providing dynamic support. Price has been respecting this channel, with multiple touches on both the upper and lower boundaries, reinforcing its structure. Recently, the price formed a double top near the upper boundary, a classic reversal signal suggesting bullish exhaustion. If the price continues to hold below this level, it could lead to further downside. The next major support is around 2,780 , which aligns with a previous support level and also falls within the golden pocket on the Fibonacci retracement, making it a significant area for a potential reaction. However, if the price reclaims the double-top region and pushes above recent highs, it would invalidate the bearish outlook and suggest another attempt to break the channel’s upper boundary. For now, the structure remains bearish, with 2,780 as the main downside target.
This is a 1-hour chart of GBP/JPY (British Pound to Japanese Yen), Chart Analysis: • On the left side: The current bid and ask prices are displayed (SELL: 189.522 | BUY: 189.555). • Recent Price Movement: • The price is testing the “Entry Zone” between 189.491 - 189.696. • The expected price movement is illustrated, suggesting a bearish trend towards 188.300 - 188.121. • Key Levels: • Resistance Zone (Entry Zone): 189.491 - 189.696 • Support Levels: 188.721, 188.400, 188.303, and 188.121 • Trading Plan: • The “Entry Zone” is marked as a potential sell area. • If the price fails to break above this zone and faces rejection, a downward move is expected. • The target area for a bearish move is around 188.121 - 188.300, as shown in the chart. This setup follows a break-and-retest strategy, where the price is testing a resistance zone before potentially continuing its downward movement.
I think the setup risk:reward here is good to buy GETTEX:HYPE at this current level , targeting 20$ and +25$. HYPE has been oversold in my opinion with +60% drop since its top. Other that the technicals, HYPE fundamentals is one of the best in crypto right now
VIDEO: https://www.tradingview.com/chart/BTCUSD/noadBMjB-Bitcoin-s-Battle-for-79-478-Reversal-or-Further-Decline/ ?? Bitcoin's Battle for 79,478 – Reversal or Further Decline? ?? Bitcoin has taken a massive dip, crashing 7.8% along with Ethereum. But the real question now: Is this the bottom, or are we heading lower? Key levels to watch: ? 79,500 – A reclaim could push BTC back towards 83,000. ? Failure to hold could send Bitcoin to 66,000 or even 62,000. ? The Nasdaq is also testing key support, and Tesla is in trouble, struggling at $220. Altcoins are getting crushed, with only Shiba Inu showing some resilience. ?? Meanwhile, external factors are brewing – Tesla, X, and even Elon Musk are facing attacks, and broader market sentiment remains shaky. Will Bitcoin rebound, or are we heading for a deeper correction? Let me know your thoughts below! One Love, The FXPROFESSOR ? #Bitcoin #BTC #CryptoCrash #Trading #MarketAnalysis
AMZN looking at good support. We can see positive days if it works. Many cryptocurrency dominance charts, as well as Nasdaq and other stock charts too, showing the same pattern. Is the reversal starting? Check my other analysis too. We’ll see. This is not investment advice. Please do your own research. Wishing you best. -YusufDeli
Bullish Post Description for TradingView Title: Bullish Setup on SOL/USD - Potential Bounce Opportunity! Hey traders, let’s break down this Solana (SOL) to USD chart (1D timeframe, COINBASE: SOLUSD) published by FairValueBuffet on TradingView (Mar 10, 2025, 21:18 UTC). Despite the recent downtrend, there are signs that SOL might be gearing up for a bullish reversal—here’s why: Potential Support at Fair Value Gap (FVG): The price has dropped to 119.70 USD, aligning with a red FVG at this level. FVGs often act as magnets for price, and with the next unfilled FVG at 103.41 USD, we might see buyers stepping in to defend this zone, potentially triggering a bounce. Momentum Indicator Oversold: The momentum indicator (top middle, likely RSI) has plummeted into oversold territory after the sharp decline from the 340 USD peak. This oversold condition often precedes a reversal, suggesting that selling pressure may be nearing exhaustion. Moving Averages Convergence: The green (shorter-term, likely 20-day) and red (longer-term, likely 50-day) moving averages are starting to converge after the bearish crossover in early 2025. A flattening or potential bullish crossover could signal a shift in momentum. COT Data Shift: The Commitment of Traders (COT) data shows large speculators’ net positions (red line) at -18.5K and commercial hedgers (blue line) at -20K, indicating extreme bearish sentiment. Historically, such extremes can mark turning points as the market becomes oversold, setting the stage for a bullish reversal. With SOL at 119.70 USD and showing signs of stabilization near a key FVG, this could be a prime spot for a bounce. Keep an eye on the 119.70-120 USD level—holding above this could see SOL targeting the next FVG at 176.69 USD. Consider long positions or scaling in if we see increased buying volume and a break above the black descending trendline. Stay tuned for confirmation! Bullish Case for Solana - Fundamental Perspective While the SOL/USD chart indicates a recent bearish trend, the broader fundamentals for Solana as of March 10, 2025, present a compelling bullish case. Here’s why we might see upside potential in the longer term: Ecosystem Growth: Solana continues to see strong adoption in decentralized finance (DeFi) and NFT markets, with transaction volumes and developer activity remaining robust despite the price correction. New projects launching on the network could drive renewed interest. Market Sentiment Recovery: The broader crypto market often sees rotational buying after sharp corrections. With Bitcoin and Ethereum potentially stabilizing (as implied by general market trends), SOL could benefit from a risk-on sentiment as investors seek high-growth altcoins. Technological Advantages: Solana’s high throughput and low transaction costs remain competitive advantages, especially as layer-1 solutions gain traction in a recovering market. This could attract institutional interest over time. Macro Environment: A dovish Federal Reserve stance, with potential rate cuts signaled in early 2025, typically supports risk assets like cryptocurrencies. Lower interest rates could drive capital inflows into high-growth assets like SOL. Given these fundamentals, Solana might be poised for a bullish recovery, especially if technical indicators confirm a reversal at the current price levels. The oversold momentum and alignment with an FVG suggest a potential bottoming pattern. Consider accumulating on dips or watching for a breakout above key resistance levels like 130 USD to confirm bullish momentum. Stay tuned for further developments! Note: This analysis is based on the provided chart and my knowledge up to March 10, 2025. For the latest updates or to validate these trends, I can perform a web search or analyze additional X posts if requested! Not Financial Advice
Nasdaq (NDX) broke below its 1W MA50 (blue trend-line) for the first time in 2 years (since week of March 13 2023). That is a strong long-term Support, in fact it is technically the first level to look for during cyclical bull trends. So how bad can a break and/or 1W candle closing below it? As you can see on this multi-year chart on the 1W time-frame, since the 2008 Housing Crisis, the index has had a number of breaks below its 1W MA50. With the exception of the 2022 Inflation Crisis, which was a cyclical Bear Market like 2008, all of those breaks were short-lived and rebounded on the 1W MA100 (green trend-line) almost instantly. In fact, the current technical pull-back resembles the June - August 2011 correction, which after breaking below the 1W MA50, it found support and rebounded on the 1W MA100 in 2 weeks. The rebound that followed rose by +38% in 7 months. If a similar development is followed, which is what we expect, we are looking at a potential end-of-year rally to 24900. This also took place on the 2019 rally. What makes this 17-year recurring pattern even more interesting is that technical pull-backs such as the current, tend to take place when the 1W RSI Channel Down, a technical Bearish Divergence) hits 40.00 and makes a Lower Low (green circles). ------------------------------------------------------------------------------- ** Please LIKE ?, FOLLOW ✅, SHARE ? and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- ?????? ? ? ? ? ? ?