BTC/USDT has bounced from the support zone around 82,500–83,600 and is now trading near 84,000. If price holds above this zone, the next key resistance levels lie at 86,639, 88,923, and ultimately 91,088. A strong bullish structure is forming on the 2-hour chart, and a breakout above 86,639 could accelerate upward momentum toward the 91K area. The current price action suggests potential for continuation, but traders should keep an eye on volume and market sentiment for confirmation. Note: This analysis is for educational purposes only. Always conduct your own research before trading.
Please read the full analysis to get the complete picture. Let's start with the trend lines. https://www.tradingview.com/x/6IVAWplY/ We have three increasing angles of support trend lines. The third one marked with this week's low so it might change if we happen to get a lower low. For the resistance we have R1 which is anchored at the ATH at the December 2024 top. This resistance trend line was tapped twice more, in January and February 2025, creating marginally lower highs marking the triple top which sent Litecoin to its recent low. R1 and any of the support trend lines, most notably S2 create a symmetrical triangle. This triangle can break either way and any time. So in theory, it could take it's time until late 2026 or early 2027. If it breaks in 2026, I would expect it to breakdown given that would correspond to the bear market timing of the bitcoin four year cycle. Next let's take a look at the pitchfork. https://www.tradingview.com/x/9VRhQ4h8/ This is a Schiff pitchfork from the 2018 bear market lows to the all time highs to the 2022 bear market lows. Macro pitchforks like this one tend to be respected. We can see that the August 2024 low hit the outside line of the pitchfork. The 0.5 line (green) flipped multiple times in this cycle between being support and resistance. The Schiff pitchfork in this case gives us the most conservative targets. More bullish targets are observed when switching to the modified Schiff pitchfork. However, for proper risk management it is better to start with the Schiff pitchfork and only if the price breaks the resistance levels, then switch to the modified Schiff. Here is the modified Schiff pitchfork: https://www.tradingview.com/x/TEP58uuj/ We can see interesting price interaction here as well. The August 5th 2024 weekly close was still above the outside line. The currently weekly low also hit the outside line. Similarly to the Schiff pitchfork, the 0.5 line also flipped multiple times being support and resistance. Zooming in on the price action since the December 2024 high, we can examine the Fibonacci retracement and how it aligns with the pitchfork, supply zones and a fair value gap (FVG). https://www.tradingview.com/x/QCCriKLf/ At the time of this writing, we are about 5 hours away from a pretty bullish weekly candle about to close above the 0.236 Fib with the first significant volume increase since the week of February 24th. The next Fib levels are potential resistance levels. The 0.382 and 0.5 Fibs fall within the first supply zone. The 0.786 and the final 0.886 Fibs fall within the second supply zone. The most bullish artifact on the chart is the weekly FVG. These gaps tend to be filled and the one we have here borders the 0.618 Fib. Moreover, the pitchfork 0.5 line falls withing this FVG. If the FVG will be completely filled during a rally in the next few months, the price will break above the pitchfork 0.5 line and hit the resistance at 0.618 Fib. If the price breaks the 0.618 Fib the next resistance area will be composed of the second supply zone, 0.786 and 0.886 Fibs and R1. Once this resistance area is cleared and price breaks above the December 2024 high at 147$ it can challenge the Schiff pitchfork median line with price targets at 180-190$ depending on when it will be hit. The median line is expected to be a major resistance, especially since it will be the first touch hitting it. If broken, the modified Schiff pitchfork gives targets at 230-250$ depending on when it will be hit. For completeness, a quick look at the RSI and SRSI. https://www.tradingview.com/x/u9PzRvUu/ RSI is around 43. SRSI is about to cross bullish ( [ending the weekly close) and still needs both the fast line and slow line to cross 20 for a complete bullish signal. No altcoin analysis is complete without examining the BTC pair. https://www.tradingview.com/x/rhWlV4TG/ LTCBTC had last week the lowest weekly close since the week of November 4th 2024. In the RSI this resulted in the first instance of a bullish divergence since the LTC significantly outperformed BTC in November 2024. A similar bullish divergence happened leading into the week of November 4th 2024. However, note that since January 2024 LTCBTC made lower lows while most of the time the RSI made higher lows. Therefore, we can observe a continued period of weekly bullish divergences since January 2024 but it only unfolded into significant outperformance in November 2024. So, the bullish divergence is clearly bullish but it is hard to tell if it will result in LTC outperforming BTC in the near or far future. The SRSI is oversold but I wouldn't build too much on that. Also, not shown, LTCBTC MACD and LMACD are clearly crossed bearish. To sum up, LTC seems to have a clear path to the upside if the BTC bull run continues. As for whether or it will outperform BTC, it is hard to tell.
EURUSD uptrend continues till its not breaking trendline.
Markets will be closely watching the European Central Bank’s (ECB) interest rate decision on April 17, with expectations for a seventh consecutive rate cut. Despite this expectation, the euro surged to a three-year high against the US dollar last week, as traders continued to pull away from US assets. The dollar index has dropped 4% since President Trump’s “Liberation Day” tariff announcements on April 2, falling below the key 100 level too. At this stage, market participants will be looking for any signals on how the ECB might respond to the potential spillover effects of President Trump’s tariff measures. While some guidance may emerge around already-announced policies, the risk of further unpredictability remains high. Trump being Trump, it is perhaps unlikely we have seen the last of his volatility-inducing tariff announcements. This can weigh further on the dollar, eroding confidence in the world’s reserve currency.
ETH/USD has shown a strong reversal from the 1564 support zone and is currently consolidating around the 1607 level. If the current bullish momentum holds, the next key resistance levels to watch are 1698, 1790, and ultimately 1911. The chart indicates a potential breakout move toward 1911, provided price action sustains above the 1607 support. A successful hold here could trigger a strong upward rally through the upcoming resistance zones. This setup suggests a bullish outlook for Ethereum in the short to mid term, as long as market conditions remain stable. Note: This idea is for educational purposes only. Please do your own research before making any trading decisions.
https://www.tradingview.com/x/lamE21Rf/ ✅SILVER is going up now Following the market-wide Bullish rebound on most assets But a strong wide resistance Level is ahead around 33.00$ Thus I am expecting a pullback And a move down towards The local target of 31.75$ SHORT? ✅Like and subscribe to never miss a new idea!✅ Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Our analysis is based on multi-timeframe top-down analysis & fundamental analysis. Based on our view the price will rise to the monthly level. DISCLAIMER: This analysis can change anytime without notice and is only for assisting traders in making independent investment decisions. Please note that this is a prediction, and I have no reason to act on it, and neither should you. Please support our analysis with a like or comment!
Sentiment: Neutral. AI chip dominance drives optimism, but tariff risks and valuation concerns temper enthusiasm. Chatter posts split—bulls see growth, bears eye correction. Outlook: Neutral, slightly bearish. Options pin $110, with $105 puts active. ICT/SMT eyes $108-$110 buys to $115 if $108 holds. Bearish below $108 risks $105. Influential News: Federal Reserve: Two 2025 cuts support growth stocks, positive for $NVDA. Earnings: Q1 due May; no update today. Chatter: Debates AI growth vs. tariff/supply chain risks. Mergers and Acquisitions (M&A): No confirmed NASDAQ:NVDA M&A; AI chip partnerships rumored. Other: Tariff volatility hit NASDAQ:NVDA ; stock swung (April 3-9). Indicators: Weekly: RSI: ~50 (neutral). Stochastic: ~45 (neutral). MFI: ~40 (neutral). SMAs: 10-day ~$112 (below, bearish), 20-day ~$115 (below, bearish). Interpretation: Neutral, bearish SMAs signal weakness. Daily: RSI: ~48 (neutral). Stochastic: ~50 (neutral). MFI: ~45 (neutral). SMAs: 10-day ~$112 (below, bearish), 20-day ~$115 (below, bearish). Interpretation: Neutral, bearish SMAs suggest pullback. Hourly: RSI: ~45 (neutral). Stochastic: ~55 (neutral). MFI: ~50 (neutral). SMAs: 10-day ~$112 (below, bearish), 20-day ~$115 (below, bearish). Interpretation: Neutral, stabilizing. Price Context: $110.93 (April 11), 1M: -9%, 1Y: +28%. Range $105-$120, testing $110 support. Options Positioning (May 2025): Volume: Calls: $115 (12,000, 60% ask), $120 (10,000, 55% ask). Mild bullish bets. Puts: $105 (8,000, 70% bid), $108 (6,000, 65% bid). Put selling supports $108. Open Interest: Calls: $115 (35,000, +6,000), $120 (25,000, +5,000). Bullish interest. Puts: $105 (20,000, flat), $108 (22,000, +3,000). Hedging. Put-call ~1.0. IV Skew: Calls: $115 (40%), $120 (42%, up 3%). $120 IV rise shows upside hope. Puts: $105 (35%, down 2%), $108 (36%). Falling $105 IV supports floor. Probability: 60% $105-$120, 20% $110, $115 target. MSS at $108. 10-Minute: OTE ($109-$111, $110) for buys, NY AM. Trade Idea: Bullish: 50%. ICT/SMT buys $108-$110 to $115. Options show $115 calls. Fed cuts aid. Neutral: 35%. RSI (~50), SMAs (bearish), $105-$120 range. Bearish: 15%. Below $105 possible with tariffs. $105 put volume grows
Hello Traders In This Chart NATGAS HOURLY Forex Forecast By FOREX PLANET today NATGAS analysis ? ?This Chart includes_ (NATGAS market update) ?What is The Next Opportunity on NATGAS Market ?how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
1- Divergence followed by Convergence. 2- Looks like pullback is happening right now. 3- AB = CD pattern anticipated. 4- Once the pullback is over, one can expect a push to the downside. 5- Look for Sell Entry after correction, not (when price action is) on the way up.