EUR/JPY is currently in a bearish trend, with strong selling pressure driving the pair lower. On the daily and 4-hour charts, the price is trading below key resistance levels and moving averages, signaling further downside potential. The pair recently broke below a key support zone around 161.50, turning it into resistance. The RSI is trending below 50, confirming bearish momentum, while the MACD is below the signal line, supporting further declines. A descending trendline is also capping upside moves. The next weekly support level is around 159.80, which aligns with a previous demand zone. If the price fails to reclaim 161.50 and rejects lower, it could provide a strong shorting opportunity. A confirmed break below 159.80 would open the door for further declines toward 158.50. Tariff Trade Between the EU and the USA Tariffs between the European Union (EU) and the United States have historically been a source of economic tension. These trade duties impact industries such as automobiles, steel, agriculture, and technology. EU Tariffs on US Goods: The EU imposes tariffs on American products like whiskey, motorcycles, and agricultural goods in response to US trade policies. US Tariffs on EU Goods: The US has targeted European steel, aluminum, and luxury goods, arguing unfair subsidies and trade imbalances. Retaliation & Trade Wars: Disputes, such as those involving Airbus vs. Boeing subsidies, have led to retaliatory tariffs, affecting global trade. Recent Developments: The Biden administration and EU officials have worked on reducing tariffs, but tensions remain, especially in green energy subsidies and technology sectors. If new tariffs arise, they could impact EUR/JPY indirectly through risk sentiment, potentially strengthening the Japanese Yen (JPY) as a safe-haven asset and increasing EUR downside pressure. Traders should look for price action signals like bearish engulfing candles or trendline rejections to confirm entry. Stops should be placed above the recent highs for risk management.
According to my analysis, next week, USOIL is going to seek higher. see the chart.
Conservative Trend Trade + long impulse + SOS level + 1/2 correction + volumed 2Sp- - day will close without test Calculated affordable stop limit 1/2 1M take profit Daily Trend "+ long impulse + SOS test / T2 level + support level - strong approach from volume zone + biggest volume manipulation" Monthly Trend + long impulse + expanding biggest volume T2 + support level + 1/2 correction + unvolumed 2Sp- + strong buying bars + weak selling bar / test Yearly no context
The price has already tested the support and failed to break it. The best thing to do now is to wait for a re-entry into the zone with an upswing and good momentum. Do not take a position if the price exits slowly. Wait for another re-entry or a different type of signal, like a retest of the new upper resistance. A good SL could be the previous resistance, which can now act as strong support. Have a great weekend, everyone!
CORE/USDT is sitting at its lowest point. Seriously, fellas, I have no idea how low these #alts can go lol. There’s no more data below.
Bitcoin will blow investors away. Be ready for an expansion that most investors are simply not anticipating. This growth could be massive. Please don't lose sight of what’s coming. Stay profitable. – Dalin Anderson
The provided content appears to be a snapshot of a TradingView chart for the Ethereum (ETH) to U.S. Dollar (USD) pair, dated February 28, 2025. Here’s an analysis and a potential trading idea based on the information: ### Analysis: 1. **Price Levels**: The chart shows Ethereum's price ranging from a low of around 1,200.00 to a high of 3,800.00. The current price seems to be fluctuating within this range, indicating potential support and resistance levels. 2. **Trend**: The chart spans several months, showing periods of volatility and consolidation. The price has experienced significant movements, suggesting that Ethereum is subject to strong market sentiment and external factors. 3. **Support and Resistance**: Key support levels are visible around 1,500.00 and 2,000.00, while resistance levels are around 3,400.00 and 3,800.00. These levels are crucial for identifying potential entry and exit points. 4. **Time Frame**: The data spans from March of one year to November of the next, indicating a medium to long-term analysis window. **Description**: - **Entry Point**: Consider entering a long position near the 2,000.00 support level with confirmation from bullish indicators. For a short position, consider entering near the 3,400.00 resistance level with bearish confirmation. - **Stop Loss**: Place a stop loss just below the 1,800.00 level for long positions or above the 3,600.00 level for short positions. - **Take Profit**: Aim for a take profit level near the 3,000.00 resistance for long positions or the 2,200.00 support for short positions. - **Risk Management**: Ensure proper risk management by not risking more than 1-2% of your trading capital on this trade. This strategy leverages the current range-bound movement of Ethereum, providing clear guidelines for entering and exiting trades based on key support and resistance levels. It also emphasizes the importance of risk management to protect your capital.
Market has been going down since last Friday. Today I expected TGIF setup to form with the help of 1st Presented Fair Value Gap and Silver Bullet and aim for smooth highs above.
This is another pair which we looked at recently, I hope we can all agree. The only purpose for looking at this chart is to confirm that the Altcoins market bottom is already in. Why is this important? Because if the bottom is in, everything that happens next is growth. If the bottom is in, we can buy without reservation. If the bottom is in, we can relax and hold. I want you to be peaceful and to rest easy knowing that Crypto, Bitcoin and the Altcoins market, are set to grow very strongly this year. I understand and can see how the market shakes, but this is only short-term action, what we call noise, just a few days the whales trying to remove weak hands. After this chart we will go back to spotting great entry timing and prices because I will assume that we are on the same page. This is a fractal. We are looking at Nervos Network. CKBUSDT. On the left we have a down-wave leading to a reversal/bottom pattern. At the end of the bottom pattern we have a strong high volume day and this leads to a bullish jump. There is also a short-term higher low. On the right, the same pattern is present. First the down-wave. This down-wave produces a bottom pattern and we have the strong high volume day. The next move is a bullish jump and this is will be followed by long-term growth. The Altcoins market bottom is in. This is the best possible timing to enter to buy and hold. This is a friendly reminder. Patience is key. You will be happy with the results. Rest easy because Crypto is going up. The 2025 bull-market is only getting started. We are bullish in March 2025 and beyond. Namaste.
The provided content appears to be a snapshot of a TradingView chart for the USD/JPY currency pair, dated February 28, 2025. Here’s an analysis and a potential trading idea based on the information: Analysis: 1. **Price Levels**: The chart shows key price levels for USD/JPY, with resistance around 155,000 and support near 145,000. The current price is hovering around 150,900, indicating a potential consolidation phase. 2. **Volume and Activity**: There is notable trading activity, with significant volume around the 150,000 level. This suggests that this level is a critical point for traders. 3. **Trend**: The USD has shown a slight increase (+10.8% in USD LAB), while the JPY has seen some fluctuations. The overall trend seems to be slightly bullish for the USD against the JPY. 4. **Time Frame**: The data spans from February 4 to March 5, indicating a short-term analysis window. **Description**: - **Entry Point**: Consider entering a long position if the price breaks above the 151,500 resistance level with increased volume. Conversely, a short position could be considered if the price falls below the 150,000 support level. - **Stop Loss**: Place a stop loss just below the 149,500 level for long positions or above the 152,000 level for short positions. - **Take Profit**: Aim for a take profit level near the 155,000 resistance for long positions or the 145,000 support for short positions. - **Risk Management**: Ensure proper risk management by not risking more than 1-2% of your trading capital on this trade. This strategy leverages the current consolidation phase and anticipates a breakout, providing a clear plan for entry, exit, and risk management.