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Fibonacci Retracement

Waaree Energies Ltd (WRTL)🛒 Buy Recommendation Buy Zone: ₹2,180–₹2,230 The stock is trading close to a support zone near the 23.6% Fib level (₹2,305) and trying to break out of the falling trendline. RSI has bounced from the oversold region and is near 50, indicating a possible reversal. 🎯 Targets (Short to Medium-Term) Target 1 – ₹2,585 (38.2% Fibonacci level) Target 2 – ₹2,810 (50% Fibonacci level) Target 3 – ₹3,036 (61.8% Fibonacci level – major resistance) Swing Target – ₹3,766 (100% Fibonacci level – recent high) 🛑 Stop Loss SL: ₹2,050 (Below recent swing low & below trendline support) Risk is around ₹180 from entry; ideal for a reward of 1.5x–3x on targets. 🔎 Additional Technical Signals Volume: Increasing volume on green candles shows buying interest. RSI: Forming a bullish divergence and heading upward. Breakout Point: A daily close above ₹2,305 would confirm a breakout of the trendline and strengthen the bullish case. for educational purposes only
NSE:WAAREEENERLong
by rmhetre15
GOLD → The rally continues. Waiting for correction to tradeFX:XAUUSD supported by the weakness of the dollar and increased trade tensions between the U.S. and China continues to renew highs. At the moment the market is testing 3400... After Friday's pullback caused by profit taking, the demand for gold rose again - investors are looking for protection amid the threat of recession in the U.S. and instability in the markets. Additional pressure on the dollar is exerted by the threat to the independence of the Fed, after statements about the possible resignation of Jerome Powell. It is not worth buying at the highs. Technically, against the background of the uptrend, the market can take a break in the form of a pullback. A bounce from support or a false breakdown of the liquidity zone may provide a good opportunity to enter the market Resistance levels: 3400, 3410, 3430 Support levels: 3369, 3357, 3344 Undoubtedly, based on the overall fundamental situation, gold is absorbing capital as a safe haven and can continue its growth for a long time. But we should keep an eye on the situation between the US and China, as well as in Eastern Europe. Any de-escalation of the conflict may lead to a correction. For trading now it is worth waiting for a correction to the above mentioned support levels to find a trading opportunity. Regards R. Linda!
FX:XAUUSDLong
by RLinda
33
BITCOIN → Retest 86190. There are chances for growthBINANCE:BTCUSD is starting to show positive signs, but it is too early to talk about a change in the downtrend or a bullish rally. Strong resistance ahead.... Against the background of everything that is happening, from a fundamental point of view, bitcoin in general has withstood the blows quite well and is gradually beginning to recover, but the situation for the crypto community as a whole has not changed in any way, the promises are not yet fulfilled. Bitcoin's strengthening is most likely due to localized growth in indices and discussion of lower interest rates. But the focus is on the tariff war between China and the US, improved relations and lower tariffs could weaken bitcoin. Technically, we see that the price is moving beyond the resistance of the descending channel. For a few days now, the price has been consolidating in front of the 86190 level, and we have chances to see a rise to the resistance of the 88800 range, from which the future prospects will already depend. Resistance levels: 86190, 88800, 91280 Support levels: 83170, 78170 The price is slowly approaching the resistance 86190, consolidating without updating the local lows, forming a pre-breakout consolidation. There is a probability of a breakout attempt. Breakout and consolidation of the price above 86190 may give a chance to rise to 88800. But, regarding 88800 we will have to watch the price reaction. A sharp approach with the purpose of primary testing of the level may end in a false breakout and correction.... Regards, R. Linda!
BINANCE:BTCUSDLong
by RLinda
33
Will BTC emerge from the local downtrend channel on top?Hello everyone, let's look at the 1D BTC to USD chart, in this situation we can see how the price is moving in a downtrend channel in which we can currently observe an attempt to exit on the top. In such a situation, it must be borne in mind that often exiting the channel gives energy for growth close to the height of the channel itself, which in this situation could give a valuation in the region of $ 100,000 for 1 BTC. However, before this happens, the price must positively exit the channel and break the first resistance line at $ 88,800, and then a significant level at $ 94,200. Looking the other way, when the price bounces off the upper boundary of the channel and starts to fall again, we have a visible support zone from $ 85,150 to $ 83,000, and then a second very strong zone from $ 77,200 to $ 74,100.
COINBASE:BTCUSD
by cryptodailyuk
2
GOLD → Recovery after the FB of 0.5 fibo. What's next?FX:XAUUSD on Thursday tests 0.5 fibo, which I outlined to you on April 17, forms a false breakdown and recovers amid unstable geopolitical relations in the world. Price may continue its northward run. The dollar continues to fall. The fundamental background depends on the relationship between the US and China as well as economic data especially after Powell's speech. The weekly session closes close to support, the decline may continue. Gold after the shakeout is heading back north. Based on the fundamental background, the price may continue to rise. There are three days of downtime ahead as traders rest. Fundamentally, anything can happen over the weekend, however, technically, the emphasis is on intermediate levels. The trend is still strong and bullish Resistance levels: 3332, 3344, 3357 Support levels: 3313, 3288, 3284 If nothing supernatural happens over the weekend, gold in the Asian session may bounce off the nearest resistance and test trend support before continuing the uptrend. If there are any critical changes in the mood of countries/politicians then I will update the situation Regards R. Linda!
FX:XAUUSDLong
by RLinda
15
NEIROUSDT → Countertrend momentum. Is the reversal close?BINANCE:NEIROUSDT.P is one of not many coins that is growing. But the only disadvantage is that the coin is at the bottom. Most likely it is forming a set of liquidity before continuing to fall. NEIRO is strengthening and heading towards the resistance of the range while bitcoin continues its correction. Strong resistance and liquidity zone at 0.187 is ahead. Strong gains could be stopped by a false breakout and reversal Just because a coin is at the bottom doesn't mean it has nowhere to fall. Yes, there is. At the moment the price is in the range on the background of a strong downtrend, within which the price does not show signs of life. The previous buyback ended with a strong sell-off. Resistance levels: 0.000187, 0.0002045. Support levels: 0.000169, 0.000154 In the short term, we should expect a false breakout, reversal and price drop to the support of the range. I do not rule out a prolonged struggle in the resistance zone, within which the price may go higher and test the 0.00020 liquidity zone before continuing to fall, within which it may renew the bottom. Regards R. Linda!
Short
by RLinda
4
ALCHUSDT → Rally to the liquidity zone. False breakout?BINANCE:ALCHUSDT.P is one of not many coins that looks strong amid the bearish cryptocurrency market. But how long will this energy last? There is strong resistance ahead.... A local pre-breakdown consolidation relative to the intraday level is forming. In general, this is the state of the market, ready to continue its growth within the distribution. Thus, the breakout of 0.1590 resistance will provoke the continuation of growth up to the liquidity zone at 0.177. But already at 0.177, due to the fact that it is an important and strong intermediate resistance level, we should expect a false breakout and a pullback, for example, to 0.159 or 0.5 fibo. Resistance levels: 0.159, 0.177, 0.23 Support levels: 0.1516, 0.5 fibo The distribution is already 53% since the breakout of the consolidation resistance. By the time the resistance is approached, it will be 77% and the market may use up all the accumulated potential, so liquidity above 0.177 is likely to stop the upward rally and turn the coin down. Regards R. Linda!
Short
by RLinda
5
GOLD → Correction to support. What's next?FX:XAUUSD updates a new high to 3357. A correction is forming after Powell's speech. On the background of the bullish trend it is worth looking for stronger support levels Gold halted gains at $3,358 as traders take profits and assess the implications of Trump's tariff policy.Gold's gains on the week were driven by the escalating trade war between the US and China, fears of a US recession and a flight from risk assets. However, cautious rhetoric from Fed chief Powell and positive signals from trade talks with Japan temporarily curbed further gains in gold. But the level of risks and possible escalation of the conflict is still at a high level. It is too early to talk about the trend change. At the moment the correction to liquidity zones is forming on the background of the bullish trend. The focus is on 3296, 0.5 fibo. The price may bounce from these levels. Resistance levels: 3344, 3457 Support levels: 3320, 3296, 3275 The correction after Powell's speech may be quickly exhausted if the politicians from China and the US fuel the conflict. But any hints of negotiations and tariff cuts could be taken very positively by the market, which could lead to a reversal of the local trend. Regards R. Linda!
FX:XAUUSDLong
by RLinda
16
BNB/USDT 1D chartHello everyone, let's look at the 1D BNB chart to USDT, in this situation we can see how the price came closer to the local lines of the downward trend. Going further, let's check the places of potential target for the price: T1 = $ 607 T2 = $ 632 Т3 = 660 $ T4 = $ 744 Let's go to Stop-Loss now in case of further declines on the market: SL1 = $ 553 SL2 = $ 521 SL3 = $ 500 SL4 = 474 $ Looking at the RSI indicator, we see As we bounced from the inside of the range, remaining in the lower part, which gives room for potential increases.
by cryptodailyuk
GOLD → If you didn't catch the train, what should you do?FX:XAUUSD in a rally. Running into a train that is already in motion is prohibited due to the lack of ability to calculate risks. Ahead of the news, a correction is possible, which will allow us to find a place to trade Gold continues to update an all-time high on the back of expectations of retail sales in the US and the speech of Fed chief Powell. Price growth was supported by strong data from China, increased demand for “protective assets” due to geopolitical tensions and trade risks between the U.S. and China. Additional support was provided by forecasts of gold price growth from ANZ to $3,600 by the end of the year Technically, the psychological zones of interest 3325 - 3350 are ahead, from which a correction may form. The ideal scenario is to wait for a correction to local or intermediate support levels and only there look for an entry point. Resistance levels: 3318, 3335, 3350 Support levels: 3275, 3265, 3244 On the background of a strong bull market it is worth using as a productive strategy to trade on the breakdown of resistance in order to continue growth, but in this case we need to wait for consolidation, we do not have it. Or wait for correction, support retest and only then consider buying. Regards R. Linda!
FX:XAUUSDLong
by RLinda
18
NZDUSD → Is there a chance for continued growth?FX:NZDUSD within the framework of the rally, which is associated with a strong decline in the dollar, is exiting the ascending channel and testing the resistance at 0.5922. Against the backdrop of the falling dollar, which is associated with economic factors, the New Zealand has good chances to continue to grow. Consolidation of the currency pair above the level will indicate the readiness of the currency pair to continue to grow. But! Today is quite a day full of economic news. Traders are waiting for Core retail sales & retail sales, as well as Powell's speech at 17:15 UTC. High volatility is possible! Resistance levels: 0.5922, 0.6038 Support levels: 0.5853 A small correction may be formed from the resistance, but another retest and price consolidation above 0.5922 may be a good signal for both the bulls and us to make decisions. The currency pair has all chances to reach 0.6000 Regards R. Linda!
Long
by RLinda
3
GBPCAD → False breakdown, where do we go from here?FX:GBPCAD is forming a false breakdown of trend support. Against the backdrop of the falling dollar, the pound sterling went into the rally phase, which is favorable for the currency pair. The fundamental situation is in favor of GBP and CAD against the dollar, which continues its rapid decline. As part of the correction, the currency pair forms a test of support without the opportunity to continue the downward movement. The maneuver ends with a false breakdown and consolidation above the level (inside the channel). The currency pair may continue the uptrend if the bulls hold the defense above 1.8144 - 1.823 Support levels: 1.81500, 1.79788 Resistance levels: 1.8233, 1.83796 Accordingly, based on the fact that we have an uptrend, a strong currency pair (on the background of a weak dollar) and a false breakdown of support, we can say that the price is not allowed down and it is worth considering an attempt to continue the uptrend. Regards R. Linda!
Long
by RLinda
1
Trend Support and 18M AVWAP: Our Final Stronghold📜 Field Orders – Operation: Defensive Line Troops, listen up. We’re falling back to our key defenses—Trend Support and the 18M AVWAP. Hold your ground. Do not charge. We wait. 🎯 Your Orders: Stand down unless support is broken cleanly with force. If the red army pushes through and confirms—join the short side. Enter only with structure, never emotion. Protect your treasures—capital is your ammunition. Don’t waste it fighting in the chop. If this is a trap, and you’re caught in it—retreat immediately. Take the loss. Regroup. Redeploy with strength and clarity. If we bounce here—watch for signs of a counteroffensive near the AVWAP wall. But again—only enter with confirmation. Not hope.
NASDAQ:NVDA
by dburgos0127
1
Breaking: Movement Token ($MOVE) Dips 12% TodayThe price of Movement coin ( TVC:MOVE ) nosedived 12% today, leading to a bearish pennant. The ecosystem of Modular Move-Based Blockchains that enables developers to build secure, performant, and interoperable blockchain applications, bridging the gap between Move and EVM ecosystems has experience immense selling pressure today albeit the general crypto industry was also in a state of turmoil with CRYPTOCAP:BTC losing its $85k grip now down to $83k. The first Move-EVM L2 for Ethereum has not being exempted, as hinted by the RSI at 20.64, TVC:MOVE has long being oversold with the asset moving around the 1-month low axis and a break below that axis could be dire for TVC:MOVE token. Similarly, a break above the 50% Fibonacci retracement point could resort to a bullish reversal for Movement token ( TVC:MOVE ). Movement Price Data The Movement price today is $0.251764 USD with a 24-hour trading volume of $104,973,849 USD. Movement is down 10.27% in the last 24 hours. The current CoinMarketCap ranking is #87, with a live market cap of $616,822,310 USD. It has a circulating supply of 2,450,000,000 TVC:MOVE coins and a max. supply of 10,000,000,000 MOVE coins.
by DEXWireNews