Start of Volume Profile (and Speed Fan). Speed Fan start to highest high, with support on 0.75. Thing to note is take a Fib from the Value Area High down to the value area low. See how 0.5 is respected after RECOVERY from POC into resistance 0.618. Personal observation.
the update of EURAUD signal very good entry enjoy it folks
The time has come for ETH to make its historic reversal. With tariffs imposed and liquidity stalled, the market has dried up like a raisin. But fear not! It is in these moments when history unfolds and only those paying attention see it take shape in real time. BEHOLD NOW: The imminent return of crypto's most annoying sleeping giant. The pump shall gain momentum once the price regains the long-term trendline and breaks free from the shackles of the falling wedge. Fly, ETH, fly, for it is your time to shine... Make us proud. ? Happy trading, -Melonfarmer
A reversal pattern on this 4Hr chart for MATIC MATIC has been beaten down hard and is due for a reversal and this pattern suggests it Price slowly will flip towards the bulls favor and they will take control The scallop pattern can be identified by a curve like this, this one being a descending one Again the 4Hr chart
Technical Analysis (TA) for SPY * Current Price Action: SPY is in a strong uptrend, consolidating near $610, which is a key resistance level. The price is showing signs of exhaustion but remains bullish. * Support & Resistance Levels: * Immediate Resistance: $610 – If SPY breaks and holds above this, it could see more upside. * Next Resistance: $615 – Aligns with the 2nd Call Wall from GEX data. * Major Resistance: $620 – A significant resistance level where price may struggle. * First Support: $607 – If SPY pulls back, this could be the first bounce zone. * Major Support: $600 – A break below this level would shift the momentum bearish. * Critical Breakdown Level: $595 – Losing this level could lead to a larger sell-off. * Indicators: * MACD: Flat, indicating that SPY is in consolidation mode at resistance. * Stochastic RSI: Oversold, suggesting a potential short-term bounce. Options Flow & GEX Analysis https://www.tradingview.com/x/hth55jOv/ * GEX (Gamma Exposure): * Highest Positive NetGEX / Call Resistance: $620 – The most critical resistance area. * 94.55% Call Wall: $615 – A major resistance zone that could cap further upside. * 72.37% Call Wall: $610 – SPY is testing this level, and a breakout could be bullish. * Put Wall Support: $600 – The strongest downside support based on options positioning. * 3rd Put Wall: $595 – A key level to watch if SPY starts breaking down. * IV & Sentiment: * IV Rank (IVR): 13.9 → Low implied volatility, meaning options are cheaper. * IVx Avg: 13.9 → A stable volatility level. * Options Sentiment: Puts = 74.8% → A heavy bearish positioning in options flow, possibly hedging against downside risk. Trade Setups ? Bullish Scenario (Breakout Play): * Entry: Above $610 with strong volume. * Target: $615, then $620 (Gamma Squeeze Potential). * Stop Loss: Below $607. ? Bearish Scenario (Breakdown Play): * Entry: Below $607. * Target: $600 or $595 (Put Support). * Stop Loss: Above $610. Final Thoughts * SPY remains bullish but is facing strong resistance at $610. * A breakout above $610 could lead to a rally toward $615-$620. * A failure to hold $607 might trigger a pullback to $600 or lower. * Best Trade Approach: Watch for confirmation of a breakout above $610 or breakdown below $607 before entering a trade. ? This analysis is for educational purposes only. Trade responsibly and manage risk! ?
The strong downside doesn´t seem to be over, and the wrapping up of the green abc correction should lead us to fresh new los under 9.88. Red support could give us a correction to the upside on smaller timeframes, but I am considering this an opportunity for a short trade.
Technical Analysis (TA) for QQQ * Current Price Action: QQQ is in a strong uptrend, making higher highs and higher lows on the 1-hour timeframe. The price is approaching key resistance levels, making this a critical decision zone. * Support & Resistance Levels: * Immediate Resistance: $540 – A breakout could fuel further upside momentum. * Next Resistance: $545 – Aligns with the 2nd Call Wall from GEX data. * Major Resistance: $550 – A strong resistance level where price may struggle. * First Support: $535 – If QQQ pulls back, this level could act as a bounce zone. * Major Support: $527 – A break below this would shift the momentum bearish. * Critical Breakdown Level: $520 – Losing this level would likely lead to increased selling pressure. * Indicators: * MACD: Showing bullish momentum, but there are signs of a possible slowdown. * Stochastic RSI: Overbought, indicating a potential short-term pullback. Options Flow & GEX Analysis https://www.tradingview.com/x/YFH7GvtD/ * GEX (Gamma Exposure): * Highest Positive NetGEX / Call Resistance: $540 – QQQ is currently testing this level, a breakout would be bullish. * 68.05% Call Wall: $545 – A major resistance where price may slow down. * 62.58% Call Wall: $540 – Currently acting as resistance. * Put Wall Support: $520 – The strongest downside support from options positioning. * 3rd Put Wall: $510 – If QQQ breaks below this, further downside is likely. * IV & Sentiment: * IV Rank (IVR): 15.6 → Low implied volatility, making options relatively cheap. * IVx Avg: 18.2 → A moderate volatility level. * Options Sentiment: Puts = 33.8% → Some bearish sentiment in options flow, but not overwhelming. Trade Setups ? Bullish Scenario (Breakout Play): * Entry: Above $540 with strong volume. * Target: $545, then $550 (Gamma Squeeze Potential). * Stop Loss: Below $535. ? Bearish Scenario (Breakdown Play): * Entry: Below $535. * Target: $527 or $520 (Put Support). * Stop Loss: Above $540. Final Thoughts * QQQ remains bullish but is testing key resistance at $540. * A breakout above $540 could lead to a strong rally toward $545-$550. * A failure to hold $535 might trigger a pullback to $527 or lower. * Best Trade Approach: Monitor price action at $540 for a breakout confirmation or $535 for a breakdown before entering a trade. ? This analysis is for educational purposes only. Trade responsibly and manage risk! ?
The direction and target are same as my previous analysis: BTC Weekly Bearish Sea Pony Pattern https://www.tradingview.com/chart/BTCUSD/CkJmZO1G-BTC-Weekly-Bearish-Sea-Pony-pattern/ For the Dragon Pattern, please refer to my past articles. Bearish Dragon Pattern Unfolding: Beware ofIncreasing Bearish Momentum https://www.tradingview.com/chart/BTCUSDT/hEpKn0E5-Bearish-Dragon-Pattern-Unfolding-Beware-of-Increasing-Momentum/ The forecast is bearish. I expect a rebound at 83-84k and 73-76k, with the worst-case scenario predicting a drop to the high 60k range (68k plausible). The chart displays my newly developed "EMA Triangle Momentum Indicator" this time. The color-changing band and the elongated purple triangle represent the loss of bullish momentum (I'm preparing an article to explain the principle of this indicator).
Technical Analysis (TA) for AAPL * Current Price Action: AAPL is forming a rising wedge pattern on the 1-hour timeframe, which is typically a bearish pattern if momentum weakens. However, the stock remains in an uptrend. * Support & Resistance Levels: * Immediate Resistance: $245 - A key level that aligns with the 66.1% Call Wall. * Next Resistance: $250 - This is the Gamma Resistance Zone where a rejection is possible. * First Support: $242 - If AAPL pulls back, this zone should be watched for a potential bounce. * Major Support: $234 - A breakdown of $242 could lead to testing this lower support. * Critical Breakdown Level: $226 - Losing this level could trigger a significant downside move. * Indicators: * MACD: Slight bearish divergence forming, indicating slowing momentum. * Stochastic RSI: In overbought territory, signaling potential short-term weakness. Options Flow & GEX Analysis https://www.tradingview.com/x/cNY0jhiK/ * GEX (Gamma Exposure): * Highest Positive NetGEX / Call Resistance: $250 → This is the strongest resistance zone. * 35.91% Call Wall: $255 → Another major resistance area. * 66.1% Call Wall: $245 → AAPL is currently testing this level, meaning a breakout could fuel a strong move towards $250. * Put Wall Support: $225 → If AAPL drops, this level could provide support. * IV & Sentiment: * IV Rank (IVR): 28.4 → Moderate implied volatility, meaning options are priced fairly. * IVx Avg: 30 → Slightly elevated but stable. * Options Sentiment: Calls = 4.6% → Slightly bullish, but nothing extreme. Trade Setups ? Bullish Scenario (Breakout Play): * Entry: Above $245 with strong volume. * Target: $250 (Gamma Squeeze Potential). * Stop Loss: Below $242. ? Bearish Scenario (Breakdown Play): * Entry: Below $242. * Target: $234 or $226 (Put Support). * Stop Loss: Above $245. Final Thoughts * AAPL remains bullish but is approaching key resistance at $245 and $250. * A rejection at $245 could trigger a pullback to $242 or lower. * Options flow suggests a potential squeeze to $250, but traders should be cautious of a pullback if momentum weakens. * Best Trade Approach: Watch for confirmation of a breakout or breakdown before committing to a trade. ? This analysis is for educational purposes only. Trade responsibly and manage risk! ?
If you enjoy trading or tracking IPO movements, you should add NASDAQ:XHLD to your watchlist. Let's see if can get a confirmation tomorrow or any other day later this week. https://www.tradingview.com/x/BrE9Us4E/