Support and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. 20 EMA (Exponential Moving Average): Above 20 EMA(50 EMA): If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum. Below 20 EMA: If the stock price is below the 20 EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
Support and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. 20 EMA (Exponential Moving Average): Above 20 EMA(50 EMA): If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum. Below 20 EMA: If the stock price is below the 20 EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
Okay so no matter what it makes, following OB to not fall below ornANGE box and go above the green box as usual.
Is there an Ascending Triangle hiding among the bearish patterns being displayed... Or is momentum fading....
? Calling all traders! ? XAUUSD is blazing, smashing records with finesse! ? Here’s the latest: ? XAUUSD Overview: ? Engaged in a gripping duel between 2813 and 2823. ? Is a breakout looming? ? Bearish Outlook: ? Be alert for potential declines if it dips below the range! ? Targets: 2800 & 2795. ? Bullish Outlook: ? Anticipate buying opportunities if it breaks above! ? Targets: 2830, 2840. ? Join the Discussion: ? Share your perspectives as we journey through this golden terrain! ?️ Let’s reach new heights together! ?✨
Gold Elliott Wave Analysis TVC:GOLD OANDA:XAUUSD ( Weekly Time Frame ) CAPITALCOM:GOLD GOld should be topping around 3k+
CAPITALCOM:GOLD Hi Trader, Trading plan for today
? MASKUSDT 30-Min Chart - Market Breakdown & Strategy Alright bro, let’s break this one down real quick. MASKUSDT is looking spicy right now. Let’s see if this setup is worth the risk or if we need to sit tight. ? Market Overview Recent Breakout & Pullback Price pumped hard from demand zone (around 2.15 USDT) to 2.58 USDT Multiple TPs hit during the rally—solid bullish momentum EMA Structure Price is currently testing EMA 20 & 50 for support EMA 100 acting as a critical demand zone at 2.286 USDT If it breaks below, we could see a deeper correction Key Levels to Watch Resistance Zone: 2.58 - 2.60 USDT (supply zone) Support Zone: 2.30 - 2.28 USDT (demand zone) ? Trading Strategy 1️⃣ Bullish Scenario (If Support Holds at EMA 100 & Demand Zone) Entry: 2.30 - 2.28 USDT ? Targets (TP): TP1: 2.38 USDT TP2: 2.44 USDT TP3: 2.48+ USDT SL (Stop-Loss): 2.20 USDT 2️⃣ Bearish Scenario (If MASKUSDT Breaks Below 2.28 USDT) Short Entry: 2.28 USDT ? TP Levels: TP1: 2.22 USDT TP2: 2.10 USDT TP3: 2.04 USDT SL: 2.32 USDT ⚠️ Risk Factors to Consider If price holds EMA 100, we could see another breakout attempt—watch price action closely If BTC dumps, altcoins like MASK will likely follow—set your stop-loss tight Market looks choppy—trade with caution, don’t FOMO ? Final Thoughts MASK is currently at a make-or-break zone—if it holds support, we could see another leg up. But if it loses 2.28 USDT, the correction might go deeper. Trade smart, set stop-losses, and don’t overleverage. What’s your play? You thinking long or short? ?
After the massive push up for SOL after the TRUMP coin caused huge volumes on SOL network, SOL has now come right back to support as seen on left chart where price reacted off the green vwap line and the green trendline. The right chart shows how the 260usd blue line is major resistance. Price currently trying to reclaim the purple npoc. So, now what? Well, as a smart trader you always have 2 scenarios, up or down. If SOL can reclaim the light green vwap line above price on left chart this could be a nice v shape recovery move playing out. 260usd is where we will know if bull run is resuming once SOL closes above this level. If SOL loses the green vwap line below price then SOL could go as low as the next green vwap line at 154usd. Smash that like button!
✅ Breakout Potential – PDD has been consolidating near key resistance levels, and a breakout above $108 could trigger the next leg up. If it holds above this level, I see a possible huge upward directional move. ✅ Volume Expansion – Recent trading sessions have seen higher-than-average volume, which is often a sign that institutions are accumulating shares. PDD is not just another e-commerce stock—it’s a growth powerhouse with strong fundamentals and a compelling technical setup. If the stock maintains its bullish trajectory, we could see new all-time highs soon. What are your thoughts on PDD? Bullish or bearish? Drop your insights in the comments! ??