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Fibonacci Retracement

BNBUSDT 4H Chart 1. Price structure • Current price: ~ 858 USDT • The price moves in the clinic in a lowering (yellow lines). Upper inheritance trend (~ 881) + lower growth line (~ 848). • We see consolidation - the market is "squeezed" between supports and resistance. 2. Horizers of support and resistance • Support: • 855 (local, this is where the price stopped) • 848 (Important - lower wedge + demand level) • 840 and 829 (key with a larger decline). • resistance: • 861 (first test, short -term) • 869 (stronger resistance, earlier reflections) • 881 (upper wedge line, strategic resistance). 3. Oscillators • RSI (Chop) - around 50, i.e. neutral → no clear advantage of bulls/bears. • STOCHASTIC RSI - is located at the bottom of the zone (approx. 20-25), which suggests the possibility of reflecting up (bull signal, but only after the candle confirmation). 4. Scenarios Bullish (reflection up): • If the price persists over 855–848 → possible reflection to 861 and 869. • Breaking above 869 → opens the road to 881 (Test of the upper line of Klina). • Only closure of the 4h candle above 881 → a signal of a kick from the wedge and a stronger upward movement. Bearish (continuation of the inheritance): • If the price drops below 848 and closes the candle at this level → strong inheritance signal, tarpapers: 840 and 829. • 829 is key support - its bursting down can deepen the declines. ⸻ 📊 Summary BNB is now in the Departing Clinic, in the uncertainty zone: • Maintenance 848–855 = chance of reflection. • Punction down 848 = signal to a stronger decrease. • Only breaking above 881 = signal of stronger growth movement.
by cryptodailyuk
GOLD → Retest 3400 before the news. Will there be a rally?FX:XAUUSD is pulling back slightly after hitting a new high of 3423. The trend is bullish, and on the D1 chart we see a breakout of a symmetrical triangle, which generally hints at bullish potential. Gold is correcting after rising to $3423 in anticipation of US PCE inflation data. Key factors: Doubts about the Fed's independence are limiting the USD's strengthening. Soft Fed rhetoric: Board member Waller supported a rate cut in September and further easing. The probability of a September rate cut is estimated at 87%. Today's news: Core PCE inflation data (forecast: 2.6% y/y). If below forecast → increased expectations for policy easing → support for gold If above forecast → dollar strength → gold correction Short-term gold dynamics depend on inflation data and its impact on Fed rate expectations Support levels: 3405, 3394, 3386.5 Resistance levels: 3415, 3423, 3433 As part of the correction, the price may test liquidity zones and enter a consolidation phase ahead of the news. However, the market is one step away from distribution (exit from a symmetrical triangle). If the bulls keep the price above 3400 as part of the correction, we will have a good chance to catch the rally... Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
19
Technical Analysis for BTC/USDTBased on mathematical and statistical models, along with technical tools such as Fibonacci retracement levels and moving averages, Bitcoin is currently undergoing a bearish correction after failing to break through the key resistance at $114,046. 🔹 Interaction with Fibonacci Levels In the previous analysis, we highlighted the importance of Fibonacci retracements in anticipating turning points. Recent price action confirmed this, as Bitcoin repeatedly reacted to these levels. The 61.8% retracement at $112,858 acted as a strong resistance, turning into a supply zone where sellers regained control. Moreover, price failed to approach the 100% retracement at $114,292, reflecting a clear weakness in bullish momentum at higher levels. After that, Bitcoin broke below the 38.2% retracement at $111,972, triggering a sharper downside move — once again proving the reliability of statistical models in mapping market behavior ahead of time. 📉 🔹 Key Support Levels $108,832: The first major support, aligning with a previous liquidity zone where price showed strong reactions. 🛡️ $108,353: A stronger support level. If broken, this could lead to a deeper bearish extension toward $107,500 or lower. 🔹 Technical Indicators The RSI dropped to low levels (41.6 and even near 26.4 at certain points), signaling oversold conditions ⚠️, which may lead to a short-term rebound from the supports. The 20 & 50 EMAs have crossed bearishly, confirming the downward bias. 🟢 Bullish Scenario To regain momentum, Bitcoin must reclaim the $111,400 – $111,900 area and then retest the $112,800 (61.8% Fibonacci) level. Only a sustained breakout here would open the way toward the major resistance at $114,046. 🚀 🔴 Bearish Scenario Failure to stabilize near current levels could push price down to $108,832, followed by $108,353. A breakdown below the latter would likely accelerate bearish momentum significantly. ✅ Conclusion Bitcoin failed to reach the key resistance at $114,046 and gradually lost strength as it broke through crucial Fibonacci levels. The market is now testing critical supports at $108,832 and $108,353, which will determine whether a rebound is possible or if further downside is ahead. At this stage, caution is essential ⚖️, with close monitoring of liquidity and momentum.
by MANAGE-MY-TRADING
BTCUSD 1D Chart1. Price Trend and Structure The BTC price has fallen below the yellow uptrend line – this indicates a break in the bullish structure and signals weakening buyers. Currently, the price is hovering around $107,950, which is local support (red zone ~108k). Next important supports: $104,500 – $103,900 $98,400 (recent stronger demand level + near the 200 SMA). Resistance to break: $113,500 (green line, previous support now acts as resistance). $118,000 (key level for a return to the uptrend). $124,500 (highs). 2. Moving Averages SMA 50 (green) and SMA 200 (blue) → classic trend analysis: The price is currently below the SMA 50, confirming short-term weakness. The SMA 200 (~$100,300) is still maintaining the long-term trend – only a break below would signal a more serious bear market. Possible scenario: If the SMA 50 begins to decline and approaches the SMA 200 → a Death Cross threatens. 3. MACD Negative histogram, signal line below zero → downward momentum continues. No signs of a reversal (no positive divergence yet). 4. RSI RSI ~47 – neutral zone, slightly below 50 → not oversold, but showing an oversold market. The RSI previously rebounded from the ~70 line (overheating) and is now heading down. 5. Key Levels Support: 108,000 (current) 104,500 98,400 (strategic) Resistance: 113,500 118,000 124,500 📊 Scenarios Bearish (more likely now): If 108,000 fails → a test of 104,500, and in the longer term, 98,400 USD. A break below 98,000 would signal a long-term downtrend. Bullish (less likely at this point): A return above 113,500 and a daily candle closing above this level → a signal for a reversal and a possible re-entry into the 118–124k range.
INDEX:BTCUSD
by cryptodailyuk
1
BITCOIN → Breakthrough of the downward trend resistance... 120K?BINANCE:BTCUSDT.P formed a false breakdown of key support at 110,000 - 112,000 and returned to the whales' zone of interest. The chart shows the prerequisites for a possible end to the countertrend correction... A false breakdown of the daily support of 110K - 112K provokes a local bearish rally, within which the price breaks through the downward resistance of the correction and tests 113.300. The growth was supported by positive signals from institutional investors, technical stability and a decrease in selling pressure. The fundamental background is positive, the market is trending. The chart shows prerequisites for the end of the correction. However, the further outlook depends on the 112.0 - 112.5K area. if the bulls hold the price above this zone, the flagship may return to the upward movement and head towards 117K - 120K. Support levels: 112.5, 112.0, 110.9 Resistance levels: 113.6, 114.6, 117.0 After breaking through the resistance of the descending channel, the impulse stops and most likely a fight for the 112K zone may form. If the price returns to the channel and consolidates below 112K, then Bitcoin may return to the downward movement, however, while the price is trading above this line, the bulls have a chance... Best regards, R. Linda!
Long
by RLinda
20
GOLD → Retest 3400. Readiness for a breakthroughFX:XAUUSD is "consolidating" creeping up on resistance, which generally increases the chances of a breakout, but the initial resistance test may end in a pullback. However, there is news ahead that could trigger one of two scenarios... At the moment, gold is testing $3,400, but is ready for a correction pending new data from the US. However, further decline may be limited for the following reasons: Weak dollar: The probability of a Fed rate cut in September is estimated at 90%. Trump-Fed conflict: Pressure on Fed Chair Lisa Cook undermines confidence in the dollar. Trade wars: New US tariffs (on India) and retaliatory measures (Mexico, Canada against China) increase demand for "safe havens" What is important: Political uncertainty and soft rhetoric of the Fed continue to play in favor of gold. Any attempts to reduce will be supported by buyers. It is also worth paying attention to the GDP and Initial Jobless Claims, which will be published today at 12:30 GMT. Resistance levels: 3405, 3420, 3433 Support levels: 3386, 3373, 3369 Technically, the situation is ambiguous and everything depends on the reaction to 3405 and further news. Weakening of the fundamental background may lead to consolidation or correction to 3373 - 3369. However, if traders feel support, then the retest of 3405 may end with a small consolidation around the level and subsequent breakout and growth to the specified targets (I am more inclined to this scenario based on the above situation) Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
18
Technical Analysis for SOL/USDTBased on mathematical and statistical models, along with technical tools such as Fibonacci retracement levels and moving averages, Solana (SOL) continues to show strong bullish momentum after breaking key levels and trading around $215. 🔹 Resistance Levels $216.75: The first major resistance, derived from the 100% Fibonacci extension. A confirmed breakout above this level would likely trigger a new impulsive move upward. 🚀 $225.61: A critical resistance zone. Surpassing this level would further validate the bullish trend and open the door for an extended rally toward $230+. 🔹 Support Levels $213.38: The first support level. Holding above this zone reflects buyers’ strength, while a break below it could lead to a short-term correction. 🛡️ $210.84: A stronger and more decisive support aligned with the 78.6% Fibonacci retracement. Losing this level would weaken bullish momentum and potentially push the price down toward $206 – $202. 📈 Indicators The RSI is hovering around 72, signaling overbought conditions ⚠️, which may trigger short-term corrections before any further upside. The 20 & 50 EMAs remain in a bullish alignment, confirming the upward trend as long as price holds above key support levels. 🟢 Bullish Scenario A successful breakout above $216.75 will pave the way toward $225.61, with potential continuation toward $230+ if momentum persists. 🔴 Bearish Scenario Failure to clear resistance and a corrective pullback could test $213.38 first, followed by $210.84 as a decisive support level to avoid a deeper trend reversal. ✅ Conclusion Solana stands at a critical juncture between strong resistances around $216 – $225 and solid supports near $213 – $210. A breakout or breakdown from these zones will define the next major move — either extending the bullish rally or triggering a deeper correction. ⚖️
by MANAGE-MY-TRADING
Technical Analysis for BTC/USDTBased on mathematical and statistical models, along with Fibonacci retracement levels and moving averages, Bitcoin is currently trading near the $113,000 area. The recent bullish momentum has pushed the price upward, but the market now faces key pivot levels that will determine the next move. 🔹 Key Resistance Levels $114,047.7: The first major resistance. A clear breakout above this level could fuel further bullish momentum. 🚀 $114,995.1: A critical resistance both technically and psychologically. Surpassing this level would likely open the way towards $115,800 – $116,000, confirming the strength of the current uptrend. 🔹 Major Support Levels $108,829: A crucial support zone. If broken, short-term market sentiment may shift from bullish to neutral. 🛡️ $108,349: A stronger support level. A breakdown here could trigger a move toward $107,000 or even lower. 📈 Indicator Insights The RSI is hovering near 66, suggesting the market is gradually entering overbought territory. This highlights the importance of the resistance zones, where profit-taking could occur. The 20 & 50 EMA lines are showing a bullish crossover, supporting upward momentum as long as support levels hold. 🟢 Bullish Scenario If the price breaks above $114,047.7 and then $114,995.1, Bitcoin could quickly advance toward $115,800 – $116,000 in the short term. 🔴 Bearish Scenario Failure to sustain above $113,000 could lead to a pullback, with $108,829 as the first line of defense, followed by the stronger support at $108,349. A breakdown below this zone would turn the short-term outlook bearish. ✅ Conclusion Bitcoin is at a decisive point: strong resistance lies between $114K – $115K, while robust supports are clustered near $108K. A breakout or breakdown from these levels will set the tone for the next major move. Until then, risk management remains essential. ⚖️
by MANAGE-MY-TRADING
GOLD → Bullish trend. Pullback before growthFX:XAUUSD continues to gradually storm the 3375-3405 area, paving its way to strong resistance at 3410. The fundamental background is relatively positive, with a bullish trend. Gold has retreated slightly from its two-week peak ($3400), but retains its growth potential against the backdrop of two key factors: Pressure on Fed Chair Lisa Cook is undermining confidence in the dollar and strengthening demand for defensive assets. New tariffs on China and India are reviving fears about global growth, which is beneficial for safe havens. But there are also restraining factors: A strong dollar could limit gold's growth. It is also worth paying attention to Friday's US inflation data (PCE), which will determine the further trend. Soft data will reinforce expectations of a Fed rate cut and push gold higher. Resistance levels: 3386.5, 3393.5 Support levels: 3373.7, 3369.6 Movements up to 3410 may be zigzagging due to the fairly heavy zone of 3375 - 3410 (this can be seen in the volume profile). Focus on local but strong support: 3373 - 3369, the market may test this area before storming resistance 3386 - 3393 for growth to 3405 - 3410. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
33
NZDJPY → A false breakout of resistance will trigger a declineFX:NZDJPY entered a correction phase after a sharp decline. The main trend is downward, with a countertrend movement aimed at consolidating potential before further decline. A countertrend correction is forming against the backdrop of the main downward trend. The current movement may be aimed at hunting for liquidity before continuing its movement. Focus on the resistance zone at 86.67 The currency pair is trading below key resistance within the global downtrend. As part of the correction, the price may test 86.67 - 87.10 before continuing the main trend. Resistance levels: 86.67, 86.97, 97.11 Support levels: 85.97, 85.6 If a false breakout of the key zone of interest forms during the correction without the possibility of continuing growth, we will receive confirmation that the market is ready to move down. Consolidation below the level may trigger a downward impulse. Best regards, R. Linda!
Short
by RLinda
5
The Power of Mathematics & Statistics in BTC/USDT PredictionWhen comparing the previous analysis with the latest chart, we can clearly see how mathematical and statistical models helped anticipate Bitcoin’s movements with remarkable accuracy using Fibonacci retracements. 🔹 In the earlier analysis, we highlighted the 61.8% level at $111,743 as a decisive pivot. The new chart shows that the price indeed rallied into this zone, even pushing slightly higher towards the 78.6% level at $112,669 before facing strong selling pressure. This demonstrates the precision of mathematical models in mapping potential turning points before they happen. 📈 🔹 Support levels projected previously — such as $110,442 and $109,637 — remain intact as strong defensive zones, perfectly aligned with historical rebound areas. ⚖️ The Comparison Mathematics and statistics are not just theoretical tools; they provide a real-time roadmap for traders: Upside: Price climbed to the 78.6% Fibonacci extension as projected. 🚀 Downside: Key supports held firm, validating the statistical forecasts. 🛡️ 🔍 Momentum indicators (RSI) also confirmed this move: rising from the neutral 52–54 range in the earlier chart to above 62 in the latest one, reinforcing the bullish swing towards mathematically calculated targets. ✅ Conclusion From one chart to the next, it becomes clear: mathematical and statistical models are not only explanatory but predictive. Fibonacci levels acted as precise guideposts, allowing us to foresee both potential highs and lows. Their reflection on actual market action proves the strength of these models — a must-have tool for any professional trader seeking accuracy and confidence. 💡📊
by MANAGE-MY-TRADING
GBPAUD → The correction is nearing completion...FX:GBPAUD is set to end the correction formed within the global bullish trend. A false breakdown of the liquidity zone is forming... GBPAUD on D1 is testing a strong support zone, which gives traders hope for a possible recovery. Locally, the chart shows signs of the correction ending... After correcting to 1/2 of the range, GBPAUD is forming a false breakdown of the order block and breaking the bearish structure, confirming the end of the correction. Consolidation above 2.076 could trigger a recovery within the bullish trend. Resistance levels: 2.086, 2.0978 Support levels: 2.076, 2.0715 Despite breaking through the resistance of the local correction, the market must confirm the bullish sentiment. Consolidation of the price above 2.076 will confirm this nuance, and consolidation above the key support may influence further growth. Best regards, R. Linda!
Long
by RLinda
4
CRO/USDT 1W Chart📊 Current situation • Price: ~ 0.2067 USDT (+33% per week). • Trend: strong Breakout after a long consolidation. • SMA: • Short -term (red, ~ 0.1236 and 0.1592) was pierced → confirms the change of trend. • Green (SMA #2) also below the price → bull signal. • MacD: heavily growing histogram, MacD line above the signal → growth moment. • RSI: ~ 70 → enters the purchase zone, but not yet extreme (no divergence). ⸻ 📈 levels of support and resistance • Support: • 0.1592 (last Breakout Level). • 0.1236 (strong zone of previous consolidation). • resistance: • 0.2347 (nearest resistance). • 0.3374 (key resistance from higher intervals). ⸻ 🧐 Interpretation • We have a confirmed upward trend - the price has pierced the relegation line (yellow trend line) and the SMA broke. • Momentum is growing (MacD, RSI, volume). • However, RSI signals the possibility of short -term correction if the price hit 0.2347. ⸻ 🔮 Scenarios 1. Bycza (more likely) • If we keep it above 0.1592, possible attacks on: • 0.2347 → Then even 0.3374. • A good chance of continuing the trend within the average time. 2. Bear (correction) • a decrease below 0.1592 → correction to 0.1236. • Only a breakdown 0.1236 will negate the current upward trend.
by cryptodailyuk
Setting up for a Long Swing TradeHi Traders! I've been keeping an eye on CHEWY for a few weeks now. Chewy dipped into the 78% fib, and set up for a reversal. I'd like to see a possible retest at a Daily Breaker Order Block at around $39.50. If that can verify that the Daily CHOCH is valid, I'm planning to swing this Options trade for a few weeks. My first target would be around $42. In addition, the monthly IMO is bullish and could give us another long term swing. Alerts are set for now. *DISCLAIMER: I am not a financial advisor. The ideas and trades I take on my page are for educational and entertainment purposes only. I'm just showing you guys how I trade. Remember, trading of any kind involves risk. Your investments are solely your responsibility and not mine.*
NYSE:CHWYLong
by thattradergirl
2
GOLD → Consolidation to continue growth towards 3400FX:XAUUSD is updating its local maximum but is facing pressure in the 3375-3400 zone. The market is bullish, but the dollar is consolidating. Traders are waiting for signals and stronger drivers... Gold resumes growth, approaching the $3400 level, amid a weakening dollar and falling US government bond yields. Key drivers: Trump's new threats of tariffs on Chinese goods and his attack on the Fed (removal of Lisa Cook) are undermining confidence in US assets (pressure on the dollar). Soft Fed rhetoric: Expectations of a September rate cut have strengthened after Powell's speech. Key risks: The dollar's recovery amid trade threats, US economic data may adjust rate expectations, and the escalation of the trade war supports demand for safe assets The short-term dynamics of gold will depend on the balance between the Fed's soft monetary policy and trade tensions. Resistance levels: 3379, 3400 Support levels: 3369, 3362, 3358 As part of the correction, the market may test local support zones located within the current trading range, after which gold may return to attack 3375-3379 to continue its growth towards 3400. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
17
BNBUSDT → Strong altcoin. Correction before growth.BINANCE:BNBUSDT.P , after forming an ATH, entered a correction, which may stop at 10-15%, after which the market may enter a recovery phase. The coin looks quite strong, especially against the backdrop of a bullish trend... BNB looks quite stronger than Bitcoin. While the flagship is forming a deep correction, the altcoin is testing local support within the bullish trend. BNB has quite positive dynamics. There is a strong bullish trend, the ATH has been updated, but a correction is forming, which is 8% of the permissible 30% (there is still room to move). The liquidity zone of 820-815 may serve as an area of interest. By the time the mirror level and strong area of interest are retested, Bitcoin may move into a recovery phase, which in turn will trigger growth in BNB. Support levels: 820, 816, 796 Resistance levels: 861, 884, 901 At the moment, the entire cryptocurrency market is in a downtrend. As part of this cycle, BNB may test support at 820-816. A false breakdown of support and consolidation above this level may indicate that bulls are interested in further growth. This could trigger a recovery within the main trend. Best regards, R. Linda!
Long
by RLinda
2
GOLD → Correction before continuing distribution to 3400FX:XAUUSD entered a correction phase at the start of the session after Friday's rally, triggered by positive fundamentals... Gold is falling after Friday's rise, triggered by Powell's unexpectedly dovish comments in Jackson Hole. He confirmed the Fed's readiness to cut rates in September amid risks to employment and economic growth. The probability of a September rate cut has risen to 88%. Gold is correcting after a sharp jump, but the downside potential is limited. Market attention is focused on PCE inflation data this week Technically, the decline in gold prices may be temporary as the market continues to reassess the prospects for the Fed's dovish policy. The key factor will be Friday's PCE data, which will confirm or adjust expectations for an aggressive rate cut. Support levels: 3358, 3350, 3340 Resistance levels: 3375, 3405 The 3358-3350 area acts as a strong support zone, and it is also worth paying attention to the previously broken downward consolidation resistance. The market may test the support zone before rising, and a false breakdown and consolidation above the support level could have a bullish impact on the market... Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
24
BITCOIN → Market potential change. Chance for growth to 125K...BINANCE:BTCUSDT , after a false breakdown of support, which we had been preparing for in my last idea, with the support of dovish hints from Powell, soared from 112K to 117K. What's next??? After Powell's speech and the shift in the fundamental background to positive, BTC broke the local bearish structure, forming a rally to 117K. The market exhausted its potential and, against the backdrop of the approaching weekend and a decline in liquidity, entered a correction phase. However, the relatively positive fundamental background should be taken into account when making further decisions. Lower interest rates could support the market... Technically, after retesting the 112K zone and forming a false breakdown, Bitcoin changed market sentiment. The capture of liquidity and the breakdown of the local downward structure changes the technical situation in favor of buyers. Potential areas of interest could be 117.8, 120.27, and 125K Resistance levels: 117K, 117.86K, 120.27K Support levels: 114.6K, 111.9K If, during the correction, the bulls manage to keep the price above the upper limit of the local trading range, i.e. above the downward channel and above the 114.600 zone, then interest in buying may increase. The market has the potential to test the resistance of the global trading range... Best regards, R. Linda!
Long
by RLinda
34
SOLUSDT 1W Chart1. Main trend • You can see a strong upward trend from holes around 120 USDT. • The course currently moves along the growing trend line (orange). • The last candles show that the buyers are defending support and each hole is higher → a sign of market strength. ⸻ 2. Support and resistance (key levels from the chart) • Support: • 186.56 USDT - the first strong support (coincides with the trend line). • 166.42 USDT - another stronger support. • 139.00 USDT - main strategic support. • resistance: • 219.02 USDT - the closest resistance (currently tested). • 253.15 USDT - strong resistance if 219 is broken. • 296.24 USDT - another target in the event of a bull market. ⸻ 3. Indicators • MacD - upward signal, lines are above the zero line, green histogram → momentum is growing. • STOCHASTIC RSI - high, close to the purchase zone → a short correction may occur. • RSI (classic) - ~ 60 points, i.e. not yet purchased, but the space for increases is reduced. ⸻ 4. Scenarios • Bycza (more likely at the moment): If the SOL stays above 186 USDT and pierces USDT USDT, subsequent goals are 253 → 296 USDT. • Bear (alternative): If the price drops below 186 USDT and breaks the trend line, possible return to 166 and even 139 USDT. ⸻ 🔑 Summary • The trend is upward and still strong. • Key breakdown is 219 USDT. • Trend holding (above 186 USDT) = potential for further increases. • Breaking the trend line = correction warning.
by cryptodailyuk