Bitcoin is showing a strong start for this week, where we see the correctional movement to continue after we had a strong selloff from the top. Now we do not see it as a start of the next bullish movement but rather a fill of a few FVGs in upper zones (until the zone of $91-92K). We are not going to long yet and we wait for that $71-73K zone to be touched before we start buying for spots and long things. You can call us picky but we want to be sure for the upcoming bullish movement, and yet we are not sure if this is the start of it. Swallow Team
FSR is very much bullish but we had sideways movement (accumulation of orders) from March 2022 to July 2024 finally we took liquidity and we had an impulse movement to the upside (Elephant stepped in the pool). The market after breaking the structure it maintained above external high showing intention of a bullish bias, Ey I would be unreasonable to think the market will just push up without a retracement making the price efficient before the bull run..... The back bone of the setup is momentum the correction down to my point of interest is something I could wish for -this is textbook- the concept "sprint & recovery" fits this to perfection. My stops will be around R56.50 stop loss represents where your setup is no longer valid
✅ Looking at the 3D chart, the first positive sign is a slow but steady bounce after closing the CME gap. ✅ BTC is also holding strong above the 200EMA and the key trendline of this cycle. ✅ Oscillators are showing more bullish signs: - MACD is turning around (on the weekly TF, the histogram has shifted from dark to light); - RSI has already broken out, even though the chart itself hasn't confirmed it yet - but we’re waiting for that. ✅ Altcoins have also been keeping things interesting over the past few days, delivering breakouts and solid profits. ? As always, wishing everyone a productive and profitable week. Full speed ahead! ??
? CRYPTOCAP:BTC 1H Chart Analysis Things are not as simple as some analysts claim — the situation remains delicate. ? Key Resistance Levels: Double Resistance in Play: - Descending Bearish Channel on the weekly timeframe. - Previous Resistance from the March 20th pump. ?️ Current Market Structure: Horizontal Consolidation Pattern: - Top Resistance: $87.5K — potential rejection point. - Bottom Support: $34.3K — previously a resistance, now acting as support. ? Possible Scenarios: Bearish Scenario: - Rejection at $87.5K could lead to support at: $34.3K (Green horizontal support). - $33.5K (Red ascending pattern bottom). Bullish Invalidation: Break and hold above $91K would invalidate the bearish downtrend. If successful, we likely avoid retesting $80K. ? Conclusion: Until CRYPTOCAP:BTC breaks $91K, we remain in a bearish downtrend, despite the short-term daily uptrend. The weekly timeframe suggests we could still reverse and go lower if $90K holds as resistance. #Bitcoin #Crypto #MarketAnalysis #BTC #Trading #CryptoNews DYOR
Based on today's fundamental news from Forex Factory, the euro appears to be showing modestly positive fundamentals. In other words, the latest economic releases and sentiment for the EUR are supporting a slight bullish bias. When you combine this with the technical picture for EUR/USD (which is pulling back but still sitting above key moving averages), it suggests that—after a short period of consolidation—the pair is likely to resume an upward move. In summary, the fundamental data imply that EUR/USD should have modest upside potential in the coming days, although traders should watch for resistance levels at 1.09251 that might slow the move.
Based on the gold charts with the requested indicators (Bollinger Bands/MBB, VWAP with bands, and RSI 14), here's my analysis across the three timeframes: Buy at 3,025 SL: 3,021.50 TP 1: 3,029.50 TP 2: 3,035.00 Current price: 3,024.10 with slight negative movement (-0.02%, -0.655) 5-minute chart: Price is trading between the MBB (3,024.78) and lower Bollinger Band, with RSI at 62.13 showing positive momentum but not overbought 15-minute chart: Price is near the MBB (3,021.52) with RSI at 57.55, indicating moderate bullish momentum 1-hour chart: Price is testing the MBB (3,015.66) as support, with RSI at 46.80 showing a potential shift from bearish to neutral/bullish momentum The VWAP session bands on all timeframes show price currently within the bands but starting to approach the upper band. The 1-hour chart shows resistance at around 3,028-3,029 (previous VWAP upper band area). This setup takes advantage of the potential upward momentum indicated by the RSI readings across timeframes, with price finding support at the middle Bollinger Bands. The stop loss is placed below the recent support level and below the lower VWAP band on the 15-minute chart, while take profit targets aim for the upper Bollinger Band and recent resistance levels.
NASDAQ:META Meta has hit the trend line from November 2022 after a price loss of 20% and has shown with a first small bounce that it is still relevant. At the same time, the SMA200 is also at the same point. Last but not least, the 0.238 Fib is also located in this area (from the entire upward movement from November 2022). Technically, we can therefore definitely expect a bounce that could take us to the previous ATH at $739. Fundamentally, Meta is also not overvalued due to its strong growth. As with many of the Mag7s, there are still problems with the AI strategy, which does not appear to be well thought out in either monetary or structural terms. However, Meta is a good candidate for actual efficiency gains due to its affiliation with the advertising market. However, the general growth is already reason enough to buy. Support Zones $580.00 $541.00 Target Zones $740.00
ETC/USD 4H Chart Analysis – Bullish Momentum Incoming? Ethereum Classic (ETC) is showing signs of a potential breakout, as seen in the 4-hour chart. Here’s a deep dive into the technical setup and what traders should watch for in the coming sessions. ? Key Takeaways: ✅ Ascending Triangle Formation: A strong bullish pattern, indicating possible upside continuation. ✅ Breakout Confirmation: Price has pushed above a key resistance level, suggesting buyers are stepping in. ✅ Targets in Sight: ? TP1: Around $19.17 (previous resistance) ? TP2: Around $19.95 (strong historical supply zone) ✅ Support & Risk Management: Stop-Loss (SL): Placed around $18.00, ensuring a good risk-to-reward ratio. ✅ Moving Averages: Price is approaching the 200MA, a key dynamic resistance around $18.90—a break above this would confirm further bullish momentum. ? Trading Outlook: If ETC holds above $18.30 and successfully flips $18.90 into support, we could see a quick move towards $19.95+. However, rejection at this level could lead to a pullback towards the $18.00 region. ? Bullish or Bearish? This setup leans bullish, but confirmation of a clean breakout above $19.00-$19.20 will be key. Keep an eye on volume and overall market sentiment! ? What’s your take? Are you long or waiting for more confirmation? Drop your thoughts below! ?
NASDAQ:QTUM -@qtum Qtum is a smart contract platform forked from Bitcoin Core and Ethereum.? #QTUM rejected the $2 support level and round number. For the bulls to take control in the medium term, a break above the inverse head and shoulders neckline marked in orange at $2.47 is needed.?
S&P 500 Analysis: Markets Start the Week on a Positive Note A week ago, while analysing the S&P 500 index chart (US SPX 500 mini on FXOpen), we noted that the market had officially entered a correction phase, as the price had declined more than 10% from its February 19 peak. This drop was driven by mounting uncertainty over the potential economic damage caused by the Trump administration’s tariff policies in international trade. However, this morning, markets are showing signs of optimism following reassuring statements from officials over the weekend. According to Reuters: → Trump announced plans to hold talks with Chinese President Xi Jinping, while the U.S. Trade Representative is set to meet his Chinese counterpart this week. → The European Union has taken a conciliatory stance, delaying its initial countermeasures against the U.S. until mid-April. As a result, sentiment appears to have shifted towards optimism, with the S&P 500 index (US SPX 500 mini on FXOpen) trading approximately 4% above this month’s low. https://www.tradingview.com/x/B9UKrrVH/ Technical Analysis of the S&P 500 Index (US SPX 500 mini on FXOpen) As noted on 17 March: → The price is forming an ascending channel (marked in blue). → The fact that the price has reached the lower boundary of the channel suggests that bearish momentum may be fading. Currently, we are witnessing an attempt at a bullish reversal from the channel’s lower boundary. From a bearish perspective, resistance may emerge around the 5750 level, where the price has previously reacted (as indicated by the arrows). From a bullish perspective: → Bears have lost control of the 5600 level. → A bullish gap at the start of the week indicates a significant shift in market sentiment. If positive news continues to emerge throughout the week, the S&P 500 index (US SPX 500 mini on FXOpen) could attempt a rise towards the median of the identified channel. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.