Trend Analysis
Ethereum Hits Supply Zone – Will the Rally Fade or Continue?Ethereum just tapped into a highly reactive supply zone at $2,550 – $2,565 after a sharp rally. Price has stalled, showing signs of resistance.
Technical Breakdown:
Supply Zone: $2,550–$2,565 (institutional selling zone)
Key Support 1: $2,099 – recent breakout base
Demand Zone: $1,584 – $1,650 (strong accumulation zone)
Market Context:
ETH has surged over 20%+ in the past few days with strong bullish momentum.
Price is now consolidating within a low-volume area, often a signal of distribution.
Multiple U.S. economic events ahead could trigger volatility – stay alert!
Trade Ideas:
Scenario A (Rejection): Bearish confirmation below $2,500 opens the way to $2,099.
Scenario B (Breakout): A 4H candle close above $2,570 with strong volume could signal a continuation towards $2,800.
Bonus Insight:
RSI is overbought on the 4H, so a pullback is likely before continuation.
Watch the next 3 red calendar icons – they often drive fakeouts or breakout traps.
Your Turn: What’s your ETH outlook?
Bullish or Bearish from here? Drop your vote in the comments!
The last 4 previous Stockmarket Fear spikes were great buys...for Bitcoin, allowing investors to enhance their long-term holdings.
Purchasing risk assets when the #VIX exceeds 50 and over 20% of stocks fall below their 200-day moving average has consistently yielded positive returns, with a success rate of one hundred percent when evaluated one week, one month, and three months later.
This particular scenario has only happened 11 times in the history of the S&P 500, and the reading from Monday, April 7th, marked one of those rare instances.
#BTFD
$SPY still bearish unless $584 and trendline break as resistanceI'll be the first to admit that the rally has gone further than I expected. That said, everything on the chart still looks like this is a bearish rally and not a new bull trend.
Unless we can break the blue trend line and the strong overhead resistance between $581.63 and $583.57, I think the most likely scenario is we fall further and see one last leg down before we bottom.
I think the bottom will come between the lower supports at $409 and $538.
Again, invalidation of the bearish idea is a break and flip of the resistances above, the upside targets are on the chart as well.
Let's see what happens over the coming weeks.
Cardano's Breakout: The Start of a 300% Bull Run?The ADA/USDT trading pair has recently demonstrated promising technical developments on the weekly timeframe, which suggest the potential for a medium- to long-term bullish reversal.
Trendline Breakout and Reversal Implications
The most visually prominent feature on the chart is a well-defined descending trendline that spans several months, capturing a sequence of lower highs since late 2024. This trendline reflects the bearish sentiment that had prevailed in the market during this period. However, recent price action shows a clean breakout above this trendline, which is a significant technical event. Breakouts from descending trendlines are often seen as early signs of a trend reversal, especially when confirmed with rising volume and price stability above the broken resistance.
The breakout aligns with a shift in market sentiment and is further supported by other bullish signals, providing a technical foundation for a potential long setup.
Double Bottom Formation and Support Zone
Another key structural pattern identified on the chart is the double bottom, highlighted by two yellow circles indicating price troughs that formed around the $0.55–$0.60 zone. This classic reversal pattern is formed when the price tests a key support area twice without breaking below it, suggesting that buyers are stepping in consistently to defend this level.
The double bottom gains additional significance due to its location directly above a major horizontal support zone. This support range, shaded in grey, lies between $0.5464 and $0.6000. The price's repeated respect for this zone confirms its strength, increasing the reliability of the reversal pattern forming above it.
EMA and Momentum Shift
The chart includes the Exponential Moving Average (EMA), currently plotted at $0.6312. The EMA serves as a dynamic indicator of market momentum. The fact that the current price action is developing above the EMA further strengthens the bullish bias. When price sustains above the EMA on a higher timeframe such as the weekly chart, it often signifies a transition from bearish to bullish momentum.
Trade Setup and Risk-Reward Projection
Based on the chart’s structure, a hypothetical long trade is plotted, with an entry near the $0.72–$0.80 range—just above the breakout zone and below recent candle bodies. The stop-loss is conservatively placed beneath the lower boundary of the support zone, around $0.5000, which also accounts for potential volatility. This placement helps to mitigate downside risk in case of a failed breakout or false signal.
The target for this setup is ambitiously set at approximately $2.90, yielding a projected gain of around 300.52%. This target corresponds to a prior price zone from earlier bullish cycles and aligns with potential Fibonacci extension levels and historical resistance. While the reward is substantial, the wide range suggests this is a medium- to long-term trade idea rather than a short-term opportunity.
Final Remarks
The ADA/USDT weekly chart presents a technically compelling case for a bullish reversal. The breakout from a descending trendline, in conjunction with a double bottom formation above strong support and a favorable alignment above the EMA, offers a high-probability setup for a potential long position. Although the cryptocurrency market remains inherently volatile, the current structure supports a favorable risk-to-reward ratio for long-term traders and investors. As always, disciplined risk management—through appropriate position sizing and stop-loss placement—is critical to navigating such trades effectively.
Momentum Rising – $XRP Bulls Eyeing Next Leg UpCRYPTOCAP:XRP is waking up 🔥
Price has broken out of the long-term downtrend and is now testing the important horizontal resistance area
A clean break above this range might spark the next big move. Volume is on the increase, and the structure is all good
Time to keep an eye on this one 👀
DeGRAM | GBPJPY broke through and fixed above the channel📊 Technical Analysis
● Price has broken the 8‑month descending channel’s roof and reclaimed the last swing‑high at 194, turning it into support and signalling a trend reversal.
● The move launches from a bullish pennant; its measured target and the channel’s midline converge in the 196 – 197.8 resistance zone.
💡 Fundamental Analysis
● UK average earnings held above 6 % y/y in April, curbing BoE‑cut speculation and keeping gilt yields elevated.
● Japan’s Q1 GDP shrank and the BoJ left policy ultra‑loose, widening the UK–JP rate gap and pressuring the yen.
✨ Summary
Channel breakout plus strong UK data and soft JPY bias favour a long GBP/JPY: aim for 196 → 197.8, risk managed on a daily close back below 194.
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Bearish reversal?The Cable (GBP/USD) is rising towards the pivot, which is a pullback resistance and could reverse to the 1st support, which acts as a pullback support that lines up with the 50% Fibonacci retracement.
Pivot: 1.3250
1st Support: 1.3050
1st Resistance: 1.3331
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
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. IC Markets 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.
DOGEUSD Massive Bull Flag targets $0.40 like late 2024!Dogecoin (DOGEUSD) is posting a Bull Flag pattern on the 4H time-frame, being supported by the 4H MA50 (blue trend-line).
A similar Bull Flag was formed at the start of its previous major rally in October 2024, which made the price jump to the 2.0 Fibonacci extension, in as much time as it took for the price to reach the Bull Flag's start from the bottom.
As a result, we expect DOGE's next short-term Target to be $0.40.
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GBPUSD - Trend Continuation Trading Using Structure & Ice ZonesA technical walkthrough of a simple price action trading setup using structure. In this trade specifically we're looking for a bullish trend continuation trading opportunity that occurs after the violation of structure (and a head and shoulders pattern neckline) which also lines up with a current Ice Zone.
If you have any questions or comments about the trading opportunity, please leave them in the comments section below as well as any pairs or trading ideas that you'd like me to touch on in future videos.
Akil
Gold Price Analysis: Bearish Setup Within Descending ChannelThis chart of XAU/USD (Gold Spot) on the 4-hour timeframe shows a clear descending channel, indicating a bearish trend. Price is currently near the upper boundary of the channel, around a previous support-turned-resistance zone. The chart suggests waiting for bearish confirmation before entering a short position.
Key observations:
Price has failed to break above resistance and is showing signs of rejection.
A bearish confirmation (e.g., strong bearish candle or lower high) could signal continuation toward the lower boundary of the channel.
The target is around 3151, aligning with the channel's support and a previous demand level.
In summary: the bias is bearish, and traders are advised to wait for confirmation before shorting, with a target near 3151.
TP1: 3,200 – Near recent minor support, useful for partial profit-taking.
TP2: 3,151 – Main target shown on the chart, aligned with the lower boundary of the descending channel and a strong previous support zone.
You could also trail your stop after TP1 to lock in profits if price continues to move lower.
BTC Cycle Top? Watching Q4 2025 for Major Reversal PotentialBTC is entering a zone I’m watching closely. Structurally, the current move reminds me of the previous two cycle tops — Q4 2017 and Q4 2021.
📅 My personal outlook:
I’m expecting a potential cycle top anytime between the end of Q3 and end of Q4 2025. Not a guarantee — just a framework to avoid emotional trades.
📌 Target zone:
1.618 Fib: ~$122,500
2.618 Fib: ~$150,000
Past cycles peaked near similar extensions. If the trend holds, these are areas I’ll consider taking action.
Let me know how you're planning your cycle moves.
#Bitcoin #BTC #Crypto #CycleTop #MacroView #PriceTarget #TradingView #FibLevels
Hellena | EUR/USD (4H): LONG to the resistance area 1.14048.Dear colleagues, it appears that this week started with a downward movement. It was decided to replace the last forecast with a new one, because the price is updating the minimum of wave “4”, now the formation of wave “c” of medium order is taking place.
I believe that the upward movement to the area of 1.14048 will start again and we have 2 options:
1) market entry
2) working with pending limit orders closer to the 1.09794 area.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
SHARE THE IDEA ABOUT BTCUSD BEARISH PATTERNCurrent Market Overview:
Price Action: Bitcoin has rallied approximately 40% from its April lows, reaching a high near $105,525 today.
Support Levels: Key support is identified around $100,000, with additional support near $92,000.
Resistance Levels: Immediate resistance is observed around $107,000, with a potential upside target near $120,000 if bullish momentum continues.
Bearish Pattern Analysis:
While the broader trend remains bullish, certain patterns indicate possible short-term bearish movements:
Head and Shoulders Formation: Some analysts have noted a potential head and shoulders pattern forming, which could signal a reversal if confirmed.
Momentum Indicators: The Relative Strength Index (RSI) is above 70, suggesting overbought conditions that might precede a pullback.
Bitcoin BTC price analysis - READ the text !There was some positive news: "The US and China have agreed to reduce tariffs for 90 days."
The price of CRYPTOCAP:BTC has entered the zone of total sales - $105-110 thousand.
🕯 Metrics show that large wallets are now opening short positions worth hundreds of millions of dollars, and on the other hand, no less large wallets that organized this rebound in the OKX:BTCUSDT price are very tempted to launch the final stage of cascading liquidations of shorts.
🍿 So, stock up on popcorn - it's going to be "fun" today/tomorrow, and then we'll go to the stronger side!)
Globally, before the growth wave begins, we want to see the final "shake-up" of the longs who have survived everything and still held their positions and didn't give up.
1️⃣ Weak correction in the range of $90-91k - to close the GAP that formed on this rebound and then continue to confidently update ATH with a clear conscience.
2️⃣ A strong correction to the range of $80-82k - during which it will be very interesting to watch the capital flow and dominance.
Which scenario is closer to your heart? Write in the comments!
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Crypto Update - The Big 3 are respecting an interesting algoTraders! Apologies for my absence the past little while - I've been working on many projects outside of the trading world (and in the trading world - exciting news on the horizon!)
Just wanted to point out the very interesting "coincidence" here where we see the big 3 cryptos all respecting very tapered (bullish) selling channels - meaning, they are all building liquidity in very bullish algorithms and are poised for a longer term breakout once the demand proves itself over the supply.
Will continue to analyze and share as price develops but be careful with all the chaotic news coming in left and right.
Happy Trading :)
SUI Pullback in Motion — Here’s Where the Smart Money Loads UpSUI is showing signs of exhaustion after failing to convincingly reclaim recent highs. Today’s price action delivered a strong clue: a sweep of the key high at $4.274 followed by a sharp rejection — Swing Failure Pattern (SFP).
Momentum is fading as volume dries up, and bulls have lost control of major levels:
❌ Yearly Open at $4.1225
❌ Weekly Level at $4.0921
This suggests a deeper correction may be underway before SUI can attempt another leg higher.
📌 Liquidity & Fib Levels in Focus
There’s still significant liquidity resting below the $3.80 zone — and the market often seeks to sweep such areas before reversing. Taking the Fib retracement from the $3.12 low to the $4.2989 high, we can identify two critical zones for a potential long entry:
0.5 Fib Retracement → $3.7095
This level not only sits just below the $3.80 liquidity shelf but also provides a strong technical anchor. If SUI finds support here, it could offer a solid long opportunity.
🎯 Trade Setup from the 0.5 Fib ($3.7095)
Entry: Around $3.71
Stop-Loss: $3.612
Target 1: $3.90 → R:R ≈ 2:1
Target 2: $4.587 (0.786 Fib Retracement) → R:R ≈ 9:1
Key Note: Watch the volume on the bounce — strong reaction = continuation potential; weak reaction = deeper retrace risk
🔸 Golden Pocket (0.618–0.666) Zone → $3.57-$3.52
If the 0.5 Fib bounce fails or lacks volume confirmation, price may dig deeper into the golden pocket — a historically strong reversal area. This zone becomes your next high-probability long setup to monitor.
🧠 Summary & Strategy
SUI showed rejection via SFP at key high ($4.274)
Lacking volume for immediate continuation
Next key long opportunity: $3.71 (0.5 Fib), SL at $3.612
If weak, watch $3.57 (golden pocket) as secondary entry
R:R potential ranges from 2:1 up to 9:1 depending on bounce strength
Let price come to you. Monitor reactions at each zone and don’t trade blindly into weakness. This is where patience and precision pay off. 💡
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EPT/USDT Breakout Alert – Triangle Resolved, Targets Set!🚀 EPT Breakout Alert – 100% Potential Incoming?! 👀🔥
Hey Traders! If you're all about high-conviction plays and real alpha, smash that 👍 and tap Follow for more setups that actually deliver! 💹💯
EPT has just broken out from a symmetrical triangle on the 2H chart, indicating the start of a potential bullish wave. After weeks of consolidation, this breakout looks strong and is supported by increasing momentum.
📌 Entry: Current Market Price (CMP) – $0.0110
📉 Add More on Dip: Down to $0.0104
🎯 Targets:
TP1: $0.0138
TP2: $0.0165
TP3: $0.0194
TP4: $0.0223
🛑 Stop Loss: $0.0092
⚙️ Leverage (Optional): 3x–5x
A clean structure, breakout confirmation, and tight invalidation level make this setup attractive for short-to-mid-term swing traders.
💬 What do you think about this move? Are you in? Drop your thoughts below!
Short - NVDAPrice hits a strong resistance at $123, the purple line is the danger zone from the last tariff crash.
Trend: Expect a pull back short term before forming a higher low to enter to the upside.
Elliot Wave Strategy: Expect to finish wave 5.
Support line to enter put: $112
Put option expiration 5/23/25
PT 1:~109.50
PT 2: ~105.8