Ethereum (ETH): Zone of Rejection Turning Into Zone of BreakoutSince last time, we were looking for a zone of rejection, which happened as well, where price had a smaller pullback, and now upon the start of a new week, we might be seeing the start of recovery as well.
Which means, as long as we are above the $3,350 zone (which is the local low area), we are bullish; if we break that zone, this would be the ideal area for a short!
Swallow Academy
Community ideas
Ethereum (ETH): Looking For Break of $4000 | We Are BullishETH is still bullish in our opinion;recently we had a really good upside movement that got stopped right before reaching the $4000 zone.
Now we had a smaller pullback, which is normal as we had a really strong upside movement so we see it as a natural pullback, which will give us another bounce opportunity (accumulation zone).
Since our entry we have had a good movement, and we are keeping the position open until we reach the ATH zone!
Swallow Academy
8/8: Continue to Focus on Selling, Watch Support at 3372–3366Good evening, everyone!
Today, after breaking above the 3400 level, gold experienced a pullback. The current structure shows dense support below, with previous resistance levels at 3378, 3372, and 3366 now turning into support.
On the daily chart (1D), price remains above the MA20, and the MA5 (~3382) serves as key short-term support. The candlestick formation still reflects a bullish structure for now.
However, the 4-hour chart (4H) reveals significant upward resistance, and unless the 4H structure is repaired, the market may favor a corrective or consolidation phase in the near term.
🔍 Trading Outlook:
For the remainder of today’s session and early next week, the strategy should primarily focus on selling into strength.
If the 4H chart corrects via a direct price retracement, gold could potentially test the 3348–3337 support zone.
Prior to that, closely monitor the 3372–3366 area as the primary short-term support and pivot zone.
RENDER Approaching Key Support – Swing Trade OpportunityRENDER is currently retracing and approaching a significant support zone, offering a potential long swing trade setup. This level has historically acted as a demand area, and price action around it could provide a favorable risk-to-reward entry.
💰 Entry Zone: $3.280 – $3.030
🎯 Targets:
• TP1: $4.00
• TP2: $4.500
🛑 Stop Loss: $2.950
Trade management will be key – look for bullish reversal signals like strong volume, bullish engulfing patterns, or RSI confirmation before entry. Maintain disciplined risk control with your stop loss below the key zone.
#RENDER #CryptoTrading #SwingTrade #Altcoins #TechnicalAnalysis #CryptoSetup #Bullish #SupportZone #CryptoSignals #RENDERUSDT #RiskReward #CryptoMarket
GBP/USD BEARS ARE GAINING STRENGTH|SHORT
Hello, Friends!
The BB upper band is nearby so GBP-USD is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 1.328.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅LIKE AND COMMENT MY IDEAS✅
EURNZD – Double Top + 200 EMA Break… Is the Fall Coming?I think this pair has more chance to go down because a clear Double Top pattern has been formed exactly at a supply zone. After that, price has broken below the 200 EMA, showing weakness in the recent bullish move.
From here, I’m looking at the possibility of a bearish continuation. My expectation is for price to drop towards the 1.94600 area, which aligns with the Fibonacci extension target.
This is just my personal view based on the pattern and 200 EMA break — let’s see how the market reacts in the coming sessions.
EURUSD 15/5 Pullback Short1h and 15m both bearish, though 4h still in bull.
Looing to short since i am on 15m. When the price tap the FVG above, if validated should go down to create a lower low to confirn the continuos trend.
There are two possible the price could go up then it will obey 4h up trend instead. Would not trade those.
Ethereum Not Dead- i know some peoples think ETH will go to 250$ or 500$, so wait for it...
- I've always maintained that I'm not a fan of ETH because of its scalability limitations and centralization, for that reason ETH needs some messy L1...L2...etc..
- That said, my opinion doesn’t matter much, ETH is here to stay. The Ethereum ecosystem hosts thousands of projects; I’d say it’s too big to fail.
- i used Bitstamp exchange to look further back in the chart's history.
- i simplified this monthly chart so much that even a 10 year old kid could understand it, just check the RSI low levels and compare it with previous years. Again, check the max RSI level for the previous ATHs.
- i won't discuss where to buy because, whether you get ETH at $1,800 or $1,500, the bull run for ETH and Altcoins hasn't started yet.
Happy Tr4Ding !
SN - Potential ALL TIME HIGH ?SN - CURRENT PRICE : 115.50 - 116.10
SN is bullish as the price is making HIGHER HIGH and HIGHER LOW. On 01 August 2025 the stock made a down gap due to weak market sentiment. However, today 04 August 2025 the share price rises and move above the down gap zone. This scenario hints that the bulls are strong enough to overcome the selling pressure. As the major trend is up, trend follower traders may anticipate to buy the stock right now. Nearest target will be 122 (one dollar below the ALL TIME HIGH resistance). Then if it continues to break 123, next target will be 1.35.
ENTRY PRICE : 115.50 - 116.10
TARGET : 122 and 135
SUPPORT : 110
XAUUSD is on rising channel H1-H4 TIMEFRAME SETUP
Currently XAUUSD is following the rising channel along with flag pattern although I expecting market will fall from 3406-3410 zone.
What possible scenarios we have ?
• Market has to gives closing of H4 below 3390 for the implusive drop ,also I'm on holding sell trade above 3400 and my Targets are 3380 then 3365.
• secondly If gold drops to 3342-3335 thats my Buying area where I will buy XAUUSD in dips and my optimal target will be 3365 then 3380.
Additional Tip:
Above 3410 no sell Trade our rising channel will be invalid as Per SMC (BOS & CHOCH)
Nifty levels - Aug 11, 2025Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We hope you find this information beneficial in your trading endeavors.
* If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it.
Wishing you success in your trading activities!
BankNifty levels - Aug 11, 2025Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We trust that this information proves valuable to you.
* If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it.
Wishing you successful trading endeavors!
VIX looking good....While some are celebrating small wins the bigger picture is that the economy is NOT doing well and there will likely be a liquidity crisis at some point. The smartest investors are pilling up cash while retailers are the exit liquidity. From a TA perspective, historically the VIX is below its mean average and we're seeing it crossing 50SMA then most likely 200SMA lines. The VIX ALWAYS spikes and it will cross 20 very soon! Just look at the last week that's 2-3 good years in the S&P in a few hours. DM me for details on how to use ETFs.
Gold price maintains upward trend to 3400⭐️GOLDEN INFORMATION:
Gold (XAU/USD) edged lower during the North American session, pressured by rising U.S. Treasury yields, profit-taking, and reports that President Donald Trump may announce a replacement for Fed Governor Adriana Kugler later this year. The precious metal is trading around $3,372, down 0.23%.
After a three-day rally, bullion struggled to gain further traction as investors locked in profits. This came despite Trump signing an executive order imposing a 25% tariff on India in response to its continued imports of Russian oil. The new duties—set to take effect 21 days after August 7—will raise tariffs on select Indian exports to as much as 50%.
⭐️Personal comments NOVA:
Gold prices continue to increase, heading towards 3400. The context of trade tensions heats up again, along with increasing expectations of interest rate cuts.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: 3429- 3431 SL 3436
TP1: $3418
TP2: $3408
TP3: $3392
🔥BUY GOLD zone: $3332-$3330 SL $3325
TP1: $3342
TP2: $3355
TP3: $3368
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order.
⭐️NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account