Price Levels & Key Zones: Current Price: $83,149.66 (+0.13%) Support Zones: $81,466.66 $76,947.90 $73,816.86 Resistance Zones: $84,718.13 $86,440.39 $92,663.22 $95,230.62 Trend Overview: The market shows a downtrend followed by a recent rebound. Price has tested the $81,466.66 support and is attempting to reclaim $84,718.13. Previous highs around $86,440.39 may act as a key resistance level. Technical Indicators: Volume: Notable spikes in selling volume during downtrend phases. RSI (Relative Strength Index): Currently around 62.39, suggesting neutral-to-slightly bullish momentum. RSI previously dropped below 44.69, indicating an oversold area before recovery. Trading Perspective Bullish Case: If BTC breaks above $84,718.13, it could retest $86,440.39 and potentially $92,663.22. Sustained buying volume would confirm a continuation of the uptrend. Bearish Case: A rejection at $84,718.13 may lead to another drop toward $81,466.66 or even $76,947.90. A break below $76,947.90 could signal further weakness.
Current Market Structure – Bearish Trend Dominates Ethereum (ETH) is currently in a well-defined downtrend, consistently rejecting imbalance zones (highlighted in blue on the chart). Each time price reaches one of these zones, we see a rejection followed by a move lower. This has been a repeated pattern, confirming that sellers remain in control and that ETH is struggling to gain any meaningful bullish momentum. The presence of a clear descending trendline further supports this bearish structure, as ETH continues to respect this resistance and fails to break higher. Until we see a strong shift in price action, the trend remains intact, and lower prices are likely. Rejection of Imbalance Zones – No Bullish Confirmation Yet The imbalance zones act as strong resistance, and so far, every attempt to push above them has resulted in rejection. This means that until one of these imbalance zones is invalidated (i.e., price breaks and holds above one), we cannot consider any bullish scenario. Each rejection strengthens the bearish case, reinforcing the idea that ETH is likely to continue making lower lows and lower highs. Unless buyers step in with significant strength and push ETH beyond a key resistance level, the safest approach is to assume that the downtrend will continue. When Can We Consider a Bullish Scenario? For ETH to turn bullish, we need to see at least one of the following: Breakout above an imbalance zone – This would indicate a shift in market structure and potential strength from buyers. Higher highs and higher lows forming – A sign that momentum is shifting away from the current bearish trend. Price reclaiming key resistance levels – If ETH can reclaim lost ground and sustain above it, it may indicate a potential reversal. Until one of these conditions is met, there is no reason to be bullish. Any upside move that fails to break a key resistance should be considered a shorting opportunity rather than a bullish reversal. Key Bearish Confirmation – Lower Prices Expected As long as ETH keeps rejecting imbalance zones and making lower highs, the market structure remains bearish. The next downside targets are likely to be the previous support levels, with price potentially dropping towards the $1,600-$1,500 range if selling pressure continues. The projected red price movement on the chart suggests that ETH could consolidate for a bit before continuing its descent. This aligns with the current trend and price behavior. Historical Context – ETH at 2-Year Lows ETH is currently trading at a price level last seen two years ago, reflecting significant weakness. Despite temporary rebounds, price action remains suppressed, and we are not seeing the kind of momentum that would indicate a strong recovery. While some may view this as a “cheap” buying opportunity, the reality is that ETH is showing no bullish strength in its current price action. Without a confirmed trend reversal, simply being at a low price does not make it a good buy. Catching a falling knife is risky, and it is better to wait for confirmation before considering long positions. Here is the zoomed out chart: https://www.tradingview.com/x/Pp2aB6GG/ Final Thoughts – Patience is Key ETH remains in a strong bearish trend, and every rejection confirms lower prices. No bullish confirmation yet – price needs to break a key level before we consider upside potential. Expect further downside unless market structure changes. ETH is at historical low levels, but low prices alone do not mean bullish momentum is coming. As traders, the best approach is to wait for confirmation and trade with the trend. Until ETH proves otherwise, the bearish structure remains dominant, and downside targets remain in play. __________________________________________ Thanks for your support! If you found this idea helpful or learned something new, drop a like ? and leave a comment, I’d love to hear your thoughts! ? Make sure to follow me for more price action insights, free indicators, and trading strategies. Let’s grow and trade smarter together! ? Also let me know if you want to see a chart of another coin. I will create it for you.
The DAX (DE40) equity index is exhibiting a bullish sentiment, driven by the prevailing longer-term uptrend. The recent intraday price action indicates a sideways consolidation near the breakout level, which previously acted as resistance and has now transformed into a new support zone. Key Support and Resistance Levels: Support Zone: The primary support level to watch is at 22,300, which marks the previous consolidation price range. A corrective pullback towards this level, followed by a bullish rebound, could signal a continuation of the upward momentum. Upside Targets: If the bullish bounce from the 22,300 level holds, the index may target the next resistance at 23,000, followed by 23,460 and 23,686 over a longer timeframe. Bearish Scenario: A confirmed loss of the 22,300 support level, with a daily close below it, would negate the bullish outlook and potentially trigger a deeper retracement. In this case, the index could retest the next support levels at 22,129 and 21,828. Conclusion: The bullish sentiment on the DAX (DE40) remains intact as long as the 22,300 support level holds. Traders should monitor the price action closely at this key level. A successful bounce may offer long opportunities toward the upside targets. However, a break below 22,300 could open the path for further downside correction, warranting caution for bullish positions. 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.
This analysis is an update of the analysis you see in the "Related publications" section From the upper green zone, Wave F of this bullish diametric is expected to complete, leading to Wave G. Wave G is a bullish wave that will likely cause the market to turn red. Let's see what happens For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
Gold 14-Mar-2025: During this week, Gold moved above the first consolidation area at 2930 following the CPI data release. The next day, price also surpassed previous highs at 2955, reaching a new record at 2993, amid lower inflation data (both CPI & PPI) and ongoing trade-war uncertainties. As for potential scenarios: • Gold may trade lower to retest the 2955 level, depending on market sentiment and liquidity. • It is important to monitor the psychological 3000 level, as price action could experience increased volatility around this area. • Price action could also see a deeper pullback to 2940 before potential buyers step in at better prices, though this remains subject to broader market conditions. Disclaimer: easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced charting and analytics. Access no slippage on limit orders, tight fixed spreads, negative balance protection, no hidden fees or commission, and seamless integration. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. easyMarkets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Possible up move back inside this bullish area on Gold. Good RRR, up trend following, Above all, we need to monitor the evolution of US inflation, the Ukrainian-Russian war and trade tensions for a good vision and a confident investment in gold. If gold is still a safe haven in these uncertain times, we will know soon enough. What do you think, traders? Your opinions traders...
Market Overview GBP/USD has recently shown strong bullish momentum, rebounding from a key support level and confirming a potential long-term uptrend. Based on current market structure and technical indicators, we expect the pair to continue higher towards 1.4100 and eventually 1.4700 in the coming months. ? Technical Analysis – Why GBP/USD is Bullish? 1. Market Structure & Trend Analysis ✅ Higher Lows and Bullish Breakout – The pair has formed a clear structure of higher lows, signaling a shift from a previous downtrend into an uptrend. ✅ Break of Key Resistance at 1.2920 – GBP/USD has successfully broken above a key resistance level, confirming bullish continuation. ✅ Next Major Resistance Levels at 1.4100 and 1.4700 – The price action suggests an upside target of 1.4100, followed by a long-term potential move to 1.4700. 2. Indicator Confirmation ? MACD (Moving Average Convergence Divergence): ? The MACD histogram is turning positive, indicating a shift in momentum. ? A bullish crossover between the MACD and signal line could confirm further upside. ? RSI (Relative Strength Index) – Not Overbought Yet: ? RSI is currently in a neutral zone around 55-60, meaning there is room for further upside before reaching overbought conditions. ? Supertrend Indicator – Bullish Signal: ? The Supertrend remains in a bullish phase, reinforcing the overall uptrend. 3. Key Price Levels & Market Reactions Price Level Type Significance 1.2920 Breakout Level Retest zone and key support 1.4100 First Target Significant historical resistance 1.4700 Final Target Long-term bullish objective ? Trading Strategy ? Bullish Scenario – Buy Dips Towards 1.2920 ✅ If GBP/USD holds above 1.2920, buying pullbacks with confirmation signals (bullish candlesticks) is a strong strategy. ? Target 1: 1.4100 ? Target 2: 1.4700 ⛔ Stop Loss: Below 1.2750 (previous swing low) ? Breakout Play – Buy on Momentum Above 1.3100 ✅ If GBP/USD gains strong bullish momentum and breaks 1.3100 with volume, a continuation towards 1.4100 becomes more likely. ? Bearish Scenario – If Price Fails to Hold Above 1.2920 ✅ If GBP/USD falls below 1.2920, we may see a temporary correction back to 1.2600 before another bullish attempt. ? Conclusion ? GBP/USD is in a strong bullish uptrend and has successfully broken key resistance. ? The next major resistance levels are at 1.4100 and 1.4700, which could be reached in the coming months. ? MACD, RSI, and market structure support further upside. ? Buying pullbacks towards 1.2920 is a favorable strategy, with a stop below 1.2750. ? Summary: GBP/USD is set to rise, and traders should look for buy opportunities targeting 1.4100 and 1.4700 while managing risk effectively.
I have analyzed Ovzon Swedish stock for short term. I have used trend, candle patter & Gann system. I have mentioned Target and stop loss.
#️⃣GOLD/USD ?BUY SETUP EP: 2986-2992 ? SL: 2984-2980 ?(base on your entry price and balance) TP1:3020 ? TP2:3040 ? Target: $3020 - $3040 ? Opportunity to buy MACD looks reversed up tonight bullish sign
Bullish Group has appointed Chris Tyrer as President of Bullish Exchange, assigning him the responsibility of overseeing the platform’s expansion while reinforcing its presence in highly regulated financial markets such as Germany and Hong Kong, where the firm recently secured key approvals from financial authorities. His leadership will focus on growing institutional engagement by introducing […]