What Are Support and Resistance Levels? Why Do These Price Zones Often Influence Traders’ Decisions?
In crypto markets, prices do not fluctuate without any pattern. Certain zones repeatedly see buying or selling pressure, causing prices to temporarily stop falling or rising, or even reverse. These zones are commonly called support and resistance levels, but they are not absolute price boundaries.
First, what is a support level?
A support level is an area where stronger buying may emerge as the price falls. As the price approaches this area, some traders may consider it attractive and increase

$ETH looks really good on a lower timeframe.
On the higher timeframe, though, we still need to break the bearish EMAs.
▫️ So far we’ve had 3 rejections
▫️ A daily close above 2400 flips it to full risk-on mode

Yellow Fish doesn't lag behind either, sniping again
Successful people immediately make a good habit their own once they discover it in someone else. $XAU

AI is now shaping political decisions
56% of voters said it was a major factor in their vote vs 44% that said minor or none
democrats clearly care more about AI and about it's effects on their environment than republicans
so with house and senate now being democrat, let's see what legislative changes this will bring

Ah, I haven't made money in so long. Is anyone willing to take me under their wing
I'm happy to work for a project team, do operations, advertising, anything
I'll repay even the smallest kindness many times over

A mischievous child and a serious father

$MU ‌Below is a summary of the technical analysis shown in the image:
Weekly Timeframe (1W): The analysis is conducted on a weekly timeframe for the MU/USDT Perpetual Contract on the Gate.io exchange. Each candlestick represents price movement over an entire week, making it suitable for observing medium- to long-term trend structures.
Trend Indicator (Supertrend 10, 3): A Supertrend indicator with parameters (10, 3) is applied below the price. This green line serves as a trend-following indicator and a dynamic support zone, helping to confirm whether the overall market structure remains in a

$ZEC ‌Add to short position, stop-loss at 1330

BTC / ETH｜Evening Market Reminder
BTC and ETH are currently testing key resistance levels to the upside. The market shows signs of a breakout, but short sellers should not rush in.
BTC:
The key level to watch is whether BTC can break above and hold around 78000. If it breaks out successfully, wait for the price to continue higher and test near 79000, then look for signs of resistance before considering a short.
ETH:
ETH is currently testing above 2300. If it continues to break higher, first watch how it performs near 2350. It is not advisable to call a top and short early before clear signs of

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🚨 Trump admits Republicans’ election defeat! Willing to accept the results and proactively signals a willingness to work with Democrats?
On November 4, Trump said in an interview that one reason Republicans performed poorly this time was that he had not personally taken part in the campaign. He made clear that he would accept the midterm election results and was willing to sit down with Democrats to talk, even leaving open the possibility of reaching some political agreements.
Interestingly, Trump does not regret endorsing some Republican candidates earlier. Although some have already lost an

Today's ETH, BTC, and SOL daily chart strategy is shared with everyone for free!! Feel free to use it as a reference!! It will come down, don't be scared!! The best area to add to your ETH position is around 2330-2350.

$Q It’s over. The 0.2 peak is waiting for you all

Why doesn’t a bearish MACD divergence necessarily mean prices will fall right away?
In crypto markets, a bearish divergence may form when prices keep making new highs while the MACD indicator’s peaks gradually decline. Many traders view it as a signal to go short, but a bearish divergence indicates that upward momentum may be weakening; it does not mean prices will necessarily fall immediately.
First, understand what a bearish divergence means.
A bearish divergence typically occurs when price highs keep rising while the corresponding MACD highs gradually decline. This may indicate that upward

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#AR Current view.
Friends, Arweave $AR has broken above the 3.120 resistance I shared yesterday. The November 3 daily close was 3.136; the price is now 3.20. It also closed last week just above this level at 3.132. The close four weeks ago was 4.310, and the weekly RSI is 52. The price is above the 50-week average of 2.625.
Below, 3.120 is now being watched as support. Below that are 2.800, 2.670, and the 50-week average of 2.625. Further down is 2.310.
Above, the first resistance is 3.400. Beyond that is the high of the week of September 14 at 5.289. For the breakout to be considered lasting

Bullish divergence on top of the 200d EMA, with the elections now behind us.
Everything is going to plan.
Higher.
$BTC

Nov 4 $BTC Evening Analysis
Everyone did pretty well on last night's move, right? Current candlestick pattern: After a deep decline from the previous high of 84888.0, the price bottomed near 75700.0 and is now rebounding. The latest 4-hour candlestick is a long-bodied bullish candle, indicating strong short-term bullish momentum.
·Bollinger Bands (BOLL): The current price (78403.9) is approaching the upper band (78764.6). The middle band near 77607.6 is providing short-term support. Trading close to the upper band usually signals short-term strength, but resistance near the upper band should