? ETH/USD Technical Analysis (18.04.2025) – Key Reversal or Further Drop? ? Current Situation: ETH is in a downtrend but showing signs of a potential reversal after testing a critical resistance level (Arrow #4). The price action here will determine the next major move. ✅ Bullish Reversal Scenario: 1. Break & Retest: If ETH breaks back above Arrow #3, consider a buy entry with confirmation. 2. Targets: - First TP at Arrow #3a (minor resistance). - Break above Arrow #2 and Arrow #1 would confirm a full trend reversal, opening targets higher. 3. Confirmation: Sustained closes above Arrow #2 (ideally with volume) would signal strength. ⚠️ Bearish Continuation Scenario: - If ETH fails to hold Arrow #4, expect another leg down. - Next major support at Arrow #5 (prepare for potential shorts or long entries there). ? Key Levels to Watch: - Resistance: Arrow #3 → Arrow #2 → Arrow #1 (break these for reversal confirmation). - Support: Arrow #4 (hold or break?) → Arrow #5 (next downside target). ? Trading Plan: - Longs: Only on a clean break/hold above Arrow #3, targeting 3a initially. - Shorts: If Arrow #4 breaks, ride momentum to Arrow #5. - Risk Management: Stop-loss below Arrow #4 for longs, or above Arrow #3 for shorts. ? Final Thought: Patience is key—wait for confirmation at these levels before committing. The trend is still bearish until Arrow #1 breaks!
“USDCAD Bulls Beware: The Wave C Trap Is Setting In!” Price just completed an (A)-(B)-(C) correction, but this isn't your reversal zone yet. Watch the 1.36639 level closely—Elliott Wave suggests one more leg down before the real reversal. Will you catch the bottom or fall for the fake-out? #USDCAD #ElliottWave #ForexForecast #Forex #WaveAnalysis #ForexStrategy
This is a very simple trade-idea. A perfect trendline is being broken, a downtrend, together with rising volume. The break of this descending trendline signals the start of a new bullish wave. Keeping it short and simple, Adventure Gold (AGLDUSDT) is ready to grow. Profits potential goes to 437% in the mid-term. Easy and short-term a 149% profits target (249% total earnings) can be hit. Strategy: Buy and hold. Set the sell orders on target right after buying and wait patiently. When the targets are hit, collect the profits and move on to the next trade. Just one set of actions and the market takes care of the rest. Thank you for reading. Namaste.
Hello Traders, I'm sorry I can't make a video, I have a flu. USDHUF is clear uptrend, Check Monthly we have a bullish engulfing, Weekly we have Inv.. H&Ss patterns and the neckline has been broken, so now it is retesting, let wait for a retest to complete and look patterns. NB:NO REVERSAL PATTERNS NO ENTRY.
Aave has some minor bullish divergence a RSI is trending higher while price is lower. Also approaching the meme resistance line. Furthermore, I am bullish Bitcoin. This should theoretically lead to a break out for Aave. Bottoms in.
We need to understand that price exists in one of two states — it's either moving up or down. If the movement is clear, we can identify a specific trend — either bullish or bearish. However, if we can’t determine the direction, it means the price is in a consolidation phase. Still, even within that consolidation, price is either rising or falling. Ultimately, it all comes down to the choice of timeframe. Our trading objective Our task is to identify the current state of the price and open a trade accordingly — in the direction of the price movement. This is the core goal, regardless of how one chooses to analyze the chart. In my opinion, directly reading the market structure is the most reliable and professional way to interpret price action. So, what defines a trend? An uptrend is a sequence of higher highs and higher lows. A downtrend, in contrast, is a sequence of lower highs and lower lows. This is the type of information we should be focusing on — using it to define the broader context. We start by identifying the trend on the higher timeframe, and then gradually move down to the lower timeframe. It’s clear that if we see an uptrend on the higher timeframe, it should be considered dominant. At the same time, it’s important to understand that within a global uptrend, corrections are natural and expected. We use key levels to determine whether the trend is continuing or potentially reversing. Example Let’s look at a chart example. The level of 3,357 is a key high. Then we see a pullback to 3,320, followed by a move up to 3,345. After that, there’s a break of the bullish structure — the price drops to 3,312, updating the previous low of 3,320. This marks a shift in structure. Next, price returns to the range and prints a new high at 3,333 — slightly higher, around 3,340, but I’ve chosen 3,333 as the key level for clarity. However, this high is still lower than the previous 3,345, indicating that a local downtrend is beginning to form. This whole structure drives the price down to 3,283. But we keep in mind the rule: we always consider the global trend, which is still bullish. That means every downward pullback is a potential buying opportunity. Same here — we track price behavior and wait for confirmation. In this case, we can identify a level around 3,304. We wait for price to reclaim this level from below and attempt a long trade, with a stop-loss below the consolidation low (purple range), and take-profits at 3,312, 3,333, and up to 3,357. These previous key levels serve as our targets. After that, we see the formation of a new consolidation and a return to the bullish structure — price stays above 3,312. The breakout above 3,322 confirms the continuation of the upward movement. Conclusion At this point, the same logic remains in play. In this scenario, we’re working from the long side, placing the stop-loss either below 3,310 (the bottom of the consolidation) or at the previous resistance level — 3,304. The targets remain unchanged. If we see that price fails to hold above 3,322, we can consider switching to a short setup, with a stop-loss at 3,333 and a target at 3,283. This would confirm the formation of a lower high and signal the continuation of the downward structure. I’m confident that we can’t truly predict the future — and in reality, we don’t need to. What matters is our ability to correctly read the structure and respond to how price behaves. That’s what allows us to build valid setups and execute them while strictly following risk management rules.
A Brazilian court has sentenced three former executives of the now-defunct crypto firm Braiscompany to a combined 171 years in prison, one of the harshest rulings in the country’s history against a cryptocurrency scam. Joel Ferreira de Souza, identified as the ringleader, received a sentence of 128 years. Two others—Gesana Rayane Silva and Victor Veronez—were […]
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