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Support and Resistance

Bitcoin Price Prediction Trend : Consolidating between $86,000 (support) and $98,000 (resistance) Key Levels to Watch Support : $86,000 – Strong demand zone Resistance : $98,000 – Key supply zone Possible Scenarios Breakout Bullish : Above $98,000 → Target $102,000+ Breakdown Bearish : Below $86,000 → Target $82,000 or lower Most Likely Short-Term Move : Continued sideways movement within the range Outlook Short-Term (1–2 Weeks) : Range-bound with potential for breakout Long-Term (3–6 Months) : Depends on whether price breaks key support/resistance
Short
by mahirdll
Riot to 6.84RIOT Platforms, Inc. is showing signs of a potential retracement after a strong rejection from the $8.15–$8.18 resistance zone. The long upper wick and red daily candle suggest sellers are stepping in. Price has re-entered a Fair Value Gap (FVG), and I anticipate that imbalance to get filled. The $6.84 level is a key support zone from previous structure and coincides with the lower boundary of the last bullish impulse. It’s also where multiple wicks formed on high volume, indicating liquidity and buyer interest. Trade Setup: • Entry: $7.83 (current level) • Target: $6.84 • Stop Loss: $8.35 (above rejection wick) • Risk/Reward: ~1.5R Thesis: Price likely revisits $6.84 to fill the FVG before any bullish continuation. What Invalidates This Trade: • A strong daily close above $8.40 • Bullish engulfing candle reclaiming $8.18 with volume • Bitcoin making a new high and dragging crypto-related stocks up with it Key Metrics to Monitor: • Daily volume spike above average on green candles • Bitcoin spot price above $67,000 (macro correlation) • RSI breaching 60 with bullish divergence • Reclaim of 21 EMA on the daily ⸻ Disclaimer: This is not financial advice. These are my personal opinions and ideas based on chart analysis. I’m not a financial advisor. Always do your own due diligence and consult a licensed professional before making any investment or trading decisions.
NASDAQ:RIOTShort
by Hotspaceguy
UPDATE ON EUR/USD ANALYSISEUR/USD 15M - Afternoon people, I hope you are all well, sorry for my absence this morning. As some of you know I am travelling to Sydney next week and have some things I MUST finish before I fly. Its also my birthday later on in the week as well, so please bare with me and understand this week and next maybe a little slow. Nevertheless here is an update on the market from yesterdays Sunday Sessions video. As you can see above price went on to break structure to the upside and delivered us with a perfect opportunity to long the market, I have gone ahead and marked out the hidden order block price came to trade back down and into. This is where we could have entered in long from this morning, setting our TP just below the last high to guarantee a TP hit and our SL below the zone we got involved in. This opportunity went on to trade 7RR
Long
by Lukegforex
Why I'm not holding Tesla Tesla was dropping! I got in at around 220. However, within three weeks, I sold for a small profit. BUT, why did I sell? This is why I'm not holding NASDAQ:TSLA It's time to buy! From a technical and historical point of view, buying Tesla right now makes perfect sense. The stock has a history of making significant price gains, is currently oversold, and is testing key support areas, such as the monthly 50 SMA. A trader or investor who is 100% technical-based, this stock looks like a dream. However, all the hype hits the floor when the fundamentals are considered... Meh... ✔ The company has been increasing sales and cash year-on-year until recently ✔ Tesla has plenty of cash and assets. A simple acid test ratio shows liabilities vs. assets around 1:2. ❌ The issue is profit. Both gross and net profit margins have been falling year-on-year. The net profit margin is down from 15% two years ago to 7% last year. ❌ Worse, the current forecasts predict decreased sales and other key financials. Poor and worsening financials are a clear red flag when buying stocks. Stay away. No matter how appealing the price looks. Don't get me wrong, I don't think Tesla is doomed, and it may still yield returns. However, I would not be surprised if the stock consolidates or moves lower from here. For me, Tesla is not the significant buy it once was.
NASDAQ:TSLA
by Samuel_Morton_Trader