Head and Shoulders pattern confirmed at the breakdown of the neckline at $566. I traded the relief rally in the ABC corrective pattern, which took us up to $764. That is where I flipped short and we are now in the C wave of the corrective pattern. This brings opportunities for long term investors who believe in the strength of the European luxury giant. The tariff headwinds and continued weakness in the Chinese consumer shows no sign of easing. I expect LVMH to sink down to $413 (possible support) and could drop down to $278 (the Covid lows). Keep an eye on this, it could present an excellent opportunity if we get to these depressed levels. Not financial advice.
A **quiet day for our CADCHF**—no major moves so far. I only notice a **slightly weaker tone on CHF**, or more precisely, those **three wicks on the future** suggest a **price rejection**. Also, at the moment, the **volume delta is in favor of CAD**. If no other data changes the picture, I’d expect **confirmed support around 0.586** for CADCHF, with a potential **break above the H1 EMA50** later this afternoon.
As expected, OANDA:XAUUSD price continues to move sideways after the bullish momentum in the market. The price is still trading within the Friday and Monday range zone. The market may consolidate for a couple of days, however, if the market pulls back below the last 2 days' low and upward trendline, I think there is a great chance of price rebound and further upward move. Another scenario is triangle formation or rising wedge pattern near the current resistance zone. Despite this, I expect the price to rebound from the support level around 3170-3180 then continuation. Watch these key levels closely for confirmation of the next directional move. My goal is resistance zone around 3285 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad ??
Mantra (OM/USDT) Market Update – April 15, 2025 The Mantra (OM) token has undergone a significant market correction, falling nearly 90% from its peak of $9 to a current support level of approximately $0.37. This sharp decline has triggered widespread panic among investors, leading to massive sell-offs and liquidations that swept billions of dollars from the market. While alarming, such drastic movements are not new to crypto markets and are often a part of broader market cycles. This type of market behavior has been seen before with major tokens such as XRP, where early investors chose to take profits after substantial rallies. When these large sell-offs occur, they often lead to temporary collapses in price as the market adjusts. What’s happening with OM right now seems to reflect that same pattern — early profit-taking combined with general market uncertainty has created an environment of fear and doubt. Currently, $0.45 is emerging as a key level of interest. If OM can consolidate above this level and attract renewed buying pressure, a recovery could be on the horizon. Based on Fibonacci retracement levels from the previous highs, OM has the potential to reach $1.40 (0.382 Fib), $2.00 (0.5 Fib), and even $3.00 (0.618 Fib) in a bullish scenario. These levels could serve as potential resistance points where short-term profit-taking may occur during any recovery. On the flip side, if OM fails to hold above the $0.45 support level, there is a strong possibility of further downside. A confirmed break below this level could send OM down toward the $0.20 range, where it might find the next solid area of buyer interest. This would represent an additional drop in value but may also serve as the bottoming point for the current cycle, assuming broader market conditions stabilize. Given the current uncertainty, it’s important to remember the old trading adage: “Don’t catch a falling knife.” Buying during heavy downtrends, especially without any confirmation of a reversal, can lead to more losses. Instead, the safer and more strategic approach is to wait for signs of market structure forming — such as higher lows, increased volume, or resistance breakouts — before entering a position. For seasoned traders, shorting in this kind of market can be profitable, but it requires precise timing and a clear strategy. Entering shorts too early, especially in a market known for sudden spikes and fakeouts, can be just as dangerous as buying prematurely. Risk management and patience are key in navigating a bearish environment like this. Mantra (OM) is in the midst of a steep correction, but these phases are not uncommon in the crypto world. Holding above $0.45 could lead to a strong bounce, but a breakdown might push prices lower before any recovery begins. Right now, caution is advised. Let the market settle, watch the levels, and wait for confirmation before making any bold moves.
Trend Overview: The EUR/USD currency pair remains in a bullish trend, supported by a prevailing uptrend. The recent intraday price action suggests a sideways consolidation (coiling price action) possibly triggering a corrective pullback towards a newly formed support zone, previously a resistance level. Key Levels to Watch: Support Levels: 1.1240 – Previous resistance turned support, key level for potential bounce. 1.1144 – Secondary support level if 1.1240 fails. 1.1000 and 1.0890 – Stronger support in case of extended retracement. Resistance Levels: 1.1475 – Initial resistance level on the upside. 1.1595 – Next target if bullish momentum continues. 1.1700 and 1.1830 – Long-term resistance and key breakout point. Market Sentiment & Price Action: The recent corrective pullback aligns with normal market fluctuations within an uptrend. A bullish bounce from the 1.1240 support level could trigger an upside move, targeting the 1.1475 resistance level and potentially extending towards 1.1595 and 1.1700 – 1.1830 over a longer timeframe. Alternatively, a confirmed loss of the 1.1240 support, accompanied by a daily close below this level, would weaken the bullish outlook. This could lead to further downside pressure, potentially testing the 1.1144 level, with an extended decline towards 1.1000 and 1.0890 if selling pressure intensifies. Conclusion: The EUR/USD pair remains in a bullish structure as long as the 1.1240 support holds. A successful bounce from this level would reinforce the uptrend, targeting higher resistance zones. However, a decisive break below 1.1240 and a daily close under this level could shift sentiment bearish, leading to further downside retracement. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
#CELO is moving inside a falling wedge pattern on the daily chart and heading toward the pattern resistance and the daily MA50. In case of a breakout, the targets are: ? $0.3771 ? $0.4544 ? $0.5833 ? $0.6874 ? $0.7915 Use a tight stop-loss.
Entry Point: ~32.35619 Take Profit (Target Point): 33.31252 Stop Loss: 31.87803 EMA 200 (Blue): 31.65932 – indicating long-term trend support. EMA 30 (Red): 32.28304 – indicating short-term trend. Current Price: 32.38220 The price is above both EMAs, which is typically bullish. --- Analysis 1. Bullish Bias: Price has broken and is holding above the entry zone. Both EMAs are aligned in a bullish configuration (short-term EMA above long-term EMA). The market structure shows higher lows and sideways consolidation, suggesting potential for a breakout. 2. Risk-Reward Ratio: Risk (Entry to Stop Loss)
yellow ket coin ($KET) a token created under the Avax ecosystem is set for a breakout move amidst a symmetrical triangle pattern on the 4-hour price chart. Should the asset break from the Ceiling of the symmetrical triangle, a bullish campaign will be materialise with a 100% surge in sight albeit $KET has to be listed on major exchanges to fuel the hype of the memecoin. Similarly, on a bearish scenario, a break below the symmetrical triangle could also send $KET to a nosedive- leading to a selling spree. About yellow ket YellowCatDAO sets itself apart by integrating cutting-edge AI-driven trading mechanisms with a community-centered governance model. At its core, the project leverages an AI agent capable of executing trades across multiple blockchain networks, making it a pioneer in cross-chain AI trading. Unlike typical trading bots, this AI agent not only focuses on profitability but also strategically reinvests gains into the project’s treasury to ensure sustainable growth and support ongoing initiatives. yellow ket Metric The live yellow ket price today is $0.184953 USD with a 24-hour trading volume of $5,874,478 USD. Yellow ket is down 3.78% in the last 24 hours, with a market cap of not available. The circulating supply is not available and the max. supply is not available.
FenzoFx—AUD/USD is in a strong bullish run, nearing the $0.6407 resistance. The Stochastic Oscillator signals overbought conditions, indicating the Australian dollar is overpriced in the short term. While the trend remains bullish, consolidation may follow, with potential support at $0.6276. >>> No Deposit Bonus >>> %100 Deposit Bonus >>> Forex Analysis Contest All at F enzo F x Decentralized Forex Broker
? Entry Zone: 0.81698 ? Located in a SBR + DBD zone ? Acts as resistance where price previously dropped ? Stop Loss: 0.82617 ? Above the supply zone for safety ?️ Protects against fake breakouts ? Target: 0.78500 ? Based on previous support/demand ? High reward potential Risk/Reward ? Risk (SL to Entry): ~91.9 pips ? Reward (Entry to Target): ~319.8 pips ⚖️ R:R Ratio: ~3.48 : 1 ✅ High potential trade Indicators ? EMA (7) shows downward trend ? Price is moving below EMA – bearish pressure Trade Plan ?️♂️ Wait for price to retest the zone ? Look for bearish confirmation (e.g., bearish engulfing) ? Enter short ✅ Secure profits at target or trail stop if price moves in favor