6H Technical Outlook ?? Hidden Institutional Supply Zone in Play – Potential Short Opportunity Developing INSTITUTIONAL SUPPLY ZONE – 6H ? Resistance (Distal): 0.64086 ? Resistance (Major): 0.63971 ? Resistance (Proximal): 0.63914 CHART CONTEXT Price action (PA) has tapped directly into the defined Institutional Supply Zone , showing hesitation to close above 0.64086, the Distal Resistance Line —a red flag for bulls, green light for institutional bears. SELL SETUP: HIGH-PROBABILITY IF 0.64086 HOLDS ? Current PA is stalling beneath supply zone boundaries. 0.64086 is acting as the final line of defense; if unbroken on a closing basis, we maintain strong bearish bias. Stacked SELL ORDERS from 0.63842 to 0.63347. DOWNSIDE TARGETS (IF SHORT TRIGGERS) ? TP 1 → 0.62405 TP 2 → 0.61613 (Mid Pivot) TP 3 → 0.61030 TP 4 → 0.60129 UPSIDE INVALIDATION LEVEL ? Stoploss above 0.64086 — strong close above this level invalidates short scenario. SUMMARY ? If 0.64086 holds firm and PA fails to close above this institutional supply zone, we anticipate high probability of a sell-off from current levels. This aligns with the broader downtrend structure and stacked sell-side liquidity ? Alert Setup: SL: 0.64086 SELL LIMIT 1: 0.63842 SELL LIMIT 2: 0.63347 TP: 0.62405 → 0.60129
Market Outlook – 2H Chart Analysis After analysing the 2-hour chart, we can observe that the price has been consistently trading within a respected ascending channel since April 10, 2025. Following the formation of an all-time high (ATH) at 3357.775, the market experienced a shallow retracement, dipping just below the 38.20% Fibonacci level. Currently, the price is consolidating around 3327.375 within a falling broadening wedge pattern, which is typically considered a bullish continuation pattern. The retracement zone between the 38.20% and 50.00% levels suggests that buyers remain in control of the trend. Looking ahead to next week, as long as the price: • Remains inside the ascending channel • Holds above the key support level at 3288 • And eventually breaks above the falling broadening wedge and the resistance at 3332 …I anticipate a potential rally toward our first target, with the second target aligning with the 161.80% Fibonacci extension level. However, if the price breaks below the support level of 3288, a further decline toward 3237.70 could be expected. ⚠️ Reminder: Every trade carries risk. Strict adherence to your risk management strategy is essential to protecting both capital and profits. Happy Trading, SpicyPips ⸻
NEAR ~ 1W Analysis #NEAR Buy gradually from here if you still have a Conviction on this coin with a short -term target of at least 20%+.
SUI ( PHEMEX:SUIUSDT.P ) is experiencing a challenging start to 2025, with its price declining 68% from its all-time high of $5.37 on January 6th. However, a potential bullish reversal signal is emerging, as the recent drop to $1.71 coincides with a Relative Strength Index (RSI) divergence, where the price makes lower lows while the RSI makes higher lows. This divergence suggests that the downward momentum may be weakening, and a trend reversal could be imminent. Let's explore the possible scenarios for SUI to guide our trades. Possible Scenarios Based on the current technical setup, here are several potential scenarios for SUI's price action: 1. Bullish Reversal and Breakout The RSI divergence suggests a potential bullish reversal. If SUI breaks above key resistance levels with strong volume, it could confirm this reversal and lead to a significant upward move. Pro Tips: Monitor key resistance levels, such as $2.42 and $2.83. A break above the $2.42 resistance level (or $2.83 for further confirmation), accompanied by increasing volume, would be a key signal. Consider entering a long position on the breakout, with a stop-loss order placed below the breakout point or a recent swing low. Potential profit targets for short-term profits are $3.56 and $4.25. 2. Consolidation and Range Trading SUI's price may consolidate within a range as the market digests the recent decline and the potential for a reversal. This consolidation period could offer range-bound trading opportunities. Pro Tips: Identify support and resistance levels that define this range, such as the $1.71 support and $2.83 resistance. Within this range, consider buying near the $1.71 support and selling near the $2.83 resistance. It's important to set stop-loss orders outside the range to manage the risk of a potential breakout or breakdown. 3. Failed Reversal and Further Decline While the RSI divergence is a bullish signal, there's a risk that the reversal fails, and the price continues to decline. This could happen if broader market sentiment turns bearish or if new negative information about SUI emerges. Pro Tips: Monitor key support levels, such as $2.0 and $1.71. A break below these levels with high volume could signal further decline. If the price fails to break above $2.83 and starts to decline with strong volume, consider exiting long positions. In a bearish scenario, shorting opportunities may arise on a break below significant support, but this should be done with caution and a tight stop-loss. Conclusion SUI presents a complex trading situation. The RSI divergence offers a potential bullish reversal, but the preceding sharp decline and overall market conditions create uncertainty. Traders should carefully monitor price action, volume, and key support and resistance levels. By considering the scenarios outlined above and employing sound risk management practices, traders can position themselves to potentially profit from SUI's price movements, whether it reverses upward, consolidates, or declines further. Pro Tips: Elevate Your Trading Game with Phemex. Experience unparalleled flexibility with features like multiple watchlists, basket orders, and real-time adjustments to strategy orders. Our USDT-based scaled orders give you precise control over your risk, while iceberg orders provide stealthy execution. Disclaimer: This is NOT financial or investment advice. Please conduct your own research (DYOR). Phemex is not responsible, directly or indirectly, for any damage or loss incurred or claimed to be caused by or in association with the use of or reliance on any content, goods, or services mentioned in this article.
The UK plans to significantly overhaul its cryptocurrency regulations by 2026. This reform will cover stablecoins, lending, exchanges, and aims to regulate a broader range of crypto-related activities. Until now, the Financial Conduct Authority (FCA) has mainly focused on anti-money laundering efforts, but going forward, it intends to strengthen oversight across the entire crypto sector. […]
Am Karfreitag trumpft ProSieben mit einem Superhelden-Blockbuster aus dem Marvel Cinematic Universe auf, der endlich die Geschichte einer der bekanntesten Figuren erzählt.
Heute befindet sich der Goldmarkt in einer ruhigen Phase aufgrund der Feiertage – doch das bedeutet keineswegs, dass es nichts Interessantes zu beobachten gibt! Derzeit pendelt sich der Goldpreis bei 3.330 USD ein, nachdem kürzlich ein neues Allzeithoch erreicht wurde. Seitdem sehen wir eine leichte Korrektur. Genau jetzt könnte der perfekte Moment für langfristige Käufer oder kurzfristige Trader sein – eine gute Gelegenheit, nach sicheren Einstiegszonen rund um wichtige Unterstützungsbereiche Ausschau zu halten. Viel Erfolg beim Traden! Hinterlasst gerne ein Like oder Kommentar – euer Feedback freut mich immer sehr.
the gold silver ratio spiking is a historical indication we're about to have a sell off. And it looks remarkably similar to the set up to march 2020 covid crash. Get your cash ready friends. Trade Responsibly
WLD ~ 1D Analysis #WLD Mark this coin, and buy when successfully penetrating this resistant line with a short -term target of at least 10%+.
Symbol: Ethereum (ETH) ? Follow SEOVEREIGN to receive alerts on our latest analyses. ? Boosts help us bring you deeper insights across more assets! ? We regularly publish structured market reports and Elliott Wave-based analyses on the crypto market. Hello and welcome—this is SEOVEREIGN. We believe Ethereum is currently trading within a favorable accumulation zone. ? Key Technical Highlights Primary Targets (TP1 & TP2) are based on Fibonacci retracement levels, specifically the 0.382 and 0.618 zones, which are clearly marked with orange lines on the chart. From the Deep Crab harmonic pattern perspective: A first attempt at trend reversal occurred at the 1.902 pivot, but failed to sustain. The market is now attempting a second reversal from Point 2, a structurally more promising zone. RSI bullish divergence has been confirmed, providing an additional signal of potential reversal momentum. From an Elliott Wave standpoint: The current price structure covers both the end of the C wave and a retest of the B wave high, forming a zone of dual technical relevance. Statistically, C waves often measure 0.618x, 1x, or 1.618x the length of the preceding A wave. In this case, the C wave equals 1.618 times the A wave— a classic, high-probability reversal structure that supports confident entry into long positions. We will continue to monitor developments and provide timely updates as the market evolves. Wishing you all successful trades— Thank you for reading.