Resistance Level
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Stock Of The Day: When Will B2Gold Corp Reverse?
Benzinga· 2026-01-27 16:09
B2Gold Corp. (NYSE:BTG) shares are consolidating on Tuesday. They have been rallying due to the increase in the price of gold.But the rally may soon pause or even end. The shares are overbought and approaching a resistance level. These can be bearish dynamics and it's why B2Gold is the Stock of the Day.Overbought means that a stock has been aggressively bought and is trading above what would be its typical or normal range. This is an important dynamic.Many trading strategies are built around the concept of ...
Crude Oil Price Forecast: Bulls Trigger Weekly Reversal, Resistance Looms Ahead
FX Empire· 2025-12-25 22:01
Core Viewpoint - Crude oil is facing key resistance levels that could determine the direction of its price movement, with a potential trend reversal contingent on surpassing recent swing highs [1][2]. Price Resistance and Trend Reversal - Crude oil is on a path to test resistance at $59.26 (10-week moving average) and $59.37 (78.6% Fibonacci retracement), with the 50-day average at $59.13 [1] - A daily close above the 50-day average would indicate a higher likelihood of a trend reversal, although previous attempts to break this level have failed [2] - The recent swing high of $60.56 must be surpassed for a confirmed trend reversal from the current downtrend [1] Support Levels and Near-Term Outlook - Key support levels are identified at last week's high of $57.82 and this week's low of $56.93, with the latter being significant as it represents a higher weekly low [3] - A sustained decline below the recent low would signal a bearish outlook, while bullish reversals from current lows could lead to rallies [3] - Until a daily close above the 50-day line occurs, resistance is expected to hinder the current counter-trend advance [3]
X @Michaël van de Poppe
Michaël van de Poppe· 2025-12-15 11:32
The total market capitalization of #Crypto is undefined in its direction.Yes, there's been a firm correction, but we've seen this in February '25.That's nothing special.The current chart is quite similar to the chart after the COVID-19 crash.Price stalled for a little bit, direction unclear, and then the trend slowly started to grind back upwards.Crucial levels are: $3.2T and the $2.85T resistance and support levels.In between, nothing special. Real trading will occur when either level is broken. ...
X @Joe Consorti
Joe Consorti ⚡️· 2025-12-03 17:40
Longs and shorts are neck-and-neck right here at $93,000. https://t.co/OkMOFprww8James Van Straten (@btcjvs):Big resistance level for Bitcoin now around $93,000.Yearly opening price. ...
X @aixbt
aixbt· 2025-11-03 10:09
virtuals protocol has a 26.42m token whale from dec 2023 dumping into every pump. they just moved 7.958m tokens worth $13.45m to teneo yesterday. cost basis $1.54, current price $1.67. that's 4% of circulating supply creating permanent resistance at $1.50-2.00. fundstrat can pump all they want but this allocation needs to clear before virtual breaks higher. trade the range, don't marry the thesis. ...
Stock Of The Day: Will IREN Breakout?
Benzinga· 2025-10-24 17:25
Core Viewpoint - IREN Limited (NASDAQ:IREN) is identified as a potential breakout stock, with analysts suggesting that positive brokerage comments may drive the shares higher [1]. Group 1: Market Dynamics - Stock market movements are influenced by shifts in supply and demand, where increased demand leads to buyers outbidding each other [2]. - Rallies in stock prices often end at resistance levels, where supply meets demand, causing potential reversals [3]. Group 2: Breakout Concept - A breakout occurs when a stock surpasses a resistance level, indicating that sellers have exited the market, allowing for a potential upward trend [4]. - Holding above resistance levels can lead to increased buying pressure, pushing the stock into a new uptrend [4]. Group 3: Resistance Levels - For IREN, resistance is identified around $59.50, a level that was previously a support level [5]. - Buyer remorse from previous purchasers at $57.50 has created sell orders at this resistance level, contributing to the current market dynamics [7].
BITCOIN ALL TIME HIGH BREAKOUT IMMINENT (My Trading Plan)!!
Crypto World· 2025-10-03 10:17
Welcome back to the good channel everyone. My name is Josh and right now Bitcoin has officially just confirmed the breakout above this crucial level of resistance, but we're now hitting extremely overbought levels in the short term while we've already now wiped out a lot of the liquidity in the Bitcoin liquidation heat map. So, in just a moment, I'll be sharing my exact trading strategy, which yes, over the last one day, I have just made a major change to this Bitcoin long position. So, in just a moment, I' ...
X @CryptoJack
CryptoJack· 2025-08-22 01:00
Market Analysis - Ethereum is converting a resistance level into support [1] - The industry anticipates a significant price rebound for Ethereum [1]
X @Market Spotter
Market Spotter· 2025-08-14 06:39
#TIAOUR INDICATOR SHOWS THAT WE ARE AT A RESISTANCE LEVEL — IF WE BREAK THROUGH THIS CLOUD, WE COULD SEE A STRONG AND SIGNIFICANT RALLY. https://t.co/Oz76QnHX1y ...
X @Ash Crypto
Ash Crypto· 2025-08-08 15:11
Market Analysis - $4,000 is considered a key psychological level for ETH [1] - Major resistance for ETH is at $4,100 [1] - A break above $4,100 could trigger a short squeeze [1] Potential Price Movement - A short squeeze could potentially drive ETH to $4,400-$4,500 within hours [1]