I think this could be a possible scenario for ETH's next breakout. I think it's possible because of the ETH ETFs that will most likely gain some traction over time, and retail will have to play "catch up" due to the price consolidation over these past years. The winds will turn, and I think everything will play out quite quickly when it happens. I also think the FED will announce the end of QT today at the FOMC, which COULD trigger the next ETH bull run. Looking at the ETH/BTC chart, I think this will trigger the next leg up and complete the pattern when looking at the weekly chart, testing the previous highs. https://www.tradingview.com/x/ijDIUsXC/ When I look at ETH relative to SOL/USD, it also looks bullish in the short term. I think this is quite reliable, but we will see over time. Although I think ETH will outperform both BTC and SOL and play catch-up with them both. https://www.tradingview.com/x/mkPl8HMY/ Conclusion: I have deployed most of my crypto portfolio to ETH now, believing ETH will give me the most beta in this bull run over the coming months. I know the sentiment looks quite bad at the moment for ETH, but I believe there is a saying: "Buy when others are fearful, sell when everybody is greedy." I think this is quite similar to value investing, and I believe there is a lot of value in BTC, ETH, and SOL. Good luck! And share your thoughts, I like to discuss things like this. =)
BLS INTERNATIONAL SERVICES LTD BLS stock is looking bullish because it has crossed above the trendline resistance on the daily time frame. For additional trade confirmation, I am using the Risological indicator. The Risological indicator shows the price is still in the bearish zone (red background) and we need the price in the green zone (bullish) and we should get a BUY signal printed on the chart for the LONG trade on BLS stock.
?? ?GBP/USD news: ?According to the CME FedWatch tool, the Federal Reserve (Fed) is almost certain to keep interest rates unchanged in the 4.25%-4.50% range for the second consecutive time. As a result, the key driver for the US dollar will be the Fed's dot plot, which reflects' expectations for the federal funds rate in the medium and long term, along with the Federal Open Market Committee's (FOMC) Summary of Economic Projections (SEP). ?Analysts at Fitch estimate that the tariff shock could “increase inflationary pressure by one percentage point” in the near term. This scenario would likely prevent Fed officials from cutting interest rates before the final quarter of the year. However, the CME FedWatch tool still indicates that the Fed may implement a rate cut in its June meeting. ?Meanwhile, the Bank of England (BoE) is expected to maintain its interest rate at 4.5%, with a voting split of 7-2. BoE Monetary Policy Committee (MPC) members Catherine Mann and Swati Dhingra are likely to support a rate cut, while the other seven policymakers are expected to vote to keep rates unchanged. Investors will also closely monitor comments from BoE Governor Andrew Bailey regarding the UK’s economic outlook, particularly in light of US President Donald Trump’s tariff policies. Personal opinion: ?GBP/USD will trade in a range while awaiting the FOMC ?Currently, the pair’s RSI is approaching oversold territory and strong support at 1.2942, so a rebound is likely. Everyone pay attention to trading to be able to buy at a bargain price for yourself Analysis: ?Based on resistance - support levels and Pivot points combined with trend lines and SMA to come up with a suitable strategy Plan: ?Price Zone Setup: ?Buy GBP/USD 1.2945 – 1.2930 ❌SL: 1.2895 | ✅TP: 1.2990 – 1.3020 FM wishes you a successful trading day ???
Hello friends On the gold price chart, we are witnessing the formation of an Elliott wave pattern. In this pattern, we can clearly count 3 waves. Wave 1 or A has 5 microwaves, wave 2 or B is an opening triangle, and wave 3 or C also has 5 microwaves. Between microwaves 3 and 5 of wave 3 or C, we also see a negative divergence, which is a reason for our correct counting. But what is going to happen after that? We expect a price correction in the form of a zigzag or anything other than an opening triangle. This correction will reach the $2,960 range and the next target will be $2,930. The probability of the price continuing to rise after this correction is very high. You can enter a sell trade by breaking the price range of 3022 with a stop loss of 3046. Be successful and profitable.
? FOMC Day Update – March 19, 2025 ? BTC at ~$83,244 (+0.28%–1%) as markets stay cautious. Fear & Greed at 23, RSI at 44.05 = neutral momentum. While BTC is trading below all significant EMs, 50 100 and 200, It has broken above the 21EMA which is bullish for the short term. Fed likely to hold rates at 4.25%–4.50% (99% odds) – a surprise cut could ignite a BTC rally. Whale accumulation signals potential upside. Sentiment data and whale accumulation hint towards a possible upside but only if FED surprises with a rate cut. The current pump in the market will be short-lived if there's no change in the rates which is very likely. So be careful with your longs and shorts. Volatility will kill both bears and bulls. You need to keep an eye on Powell’s 2:30 PM EST speech. Inflation & liquidity outlook will shape BTC’s next move. Stay sharp! I'll keep you updated. Let me know what you think in the comments and do hit that like button if you like this post. Thank you #PEACE
The FTSE 100 index is currently exhibiting a neutral sentiment, as evidenced by the prevailing sideways consolidation. The primary focus remains on the key resistance level at 8715, which corresponds to the current intraday swing high. This level is critical as it determines the next directional move of the index. From the current levels, an oversold rally could potentially emerge, leading to a retest of the 8715 resistance. A bearish rejection from this level would reinforce the downtrend, paving the way for a move towards the 8500 support. Further downside momentum could extend losses to the next support levels at 8440 and 8352 over a longer timeframe. On the other hand, a confirmed breakout above 8715 on a daily closing basis would invalidate the bearish outlook. In such a scenario, the index is likely to experience renewed buying interest, targeting the next resistance at 8770, followed by a potential rally towards the 8834 and 8910 level. Conclusion: The overall sentiment for the FTSE 100 remains bearish unless a decisive breakout above the 8715 resistance occurs. Traders should monitor price action around this critical level for confirmation of either a continuation of the downtrend or a potential bullish reversal. 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.
Coromandel International COROMANDEL to acquire 53.13% stake in NACL from promoters
Gold weekly, daily and 4-hour levels all show a bullish structure, but there are signs of divergence after the continuous rise in prices, indicating that the upward momentum may weaken. From the historical increase, 3040 is an important risk area, and the limit of the upward space may be around 3080-3090. Key support and resistance: Support area: 4-hour level: 3025, 3015 (extremely strong and weak key points). Daily level: 3009, 2956 (trend support). Resistance area: 3040-3050 (high risk area), 3080-3090 (extreme upward target). Risk warning: Divergence signal: The price and the indicator diverge, indicating that the upward momentum may weaken. Accelerated top: The current trend may enter the stage of accelerated top, and we need to be alert to the risk of a sharp correction. Key point: 3015 is today's extremely strong and weak key point. If it falls below, it may trigger a further correction. Operation suggestions: Long strategy: Long on pullback: If the gold price falls back to around 3015 and does not effectively fall below, you can try to go long, with the target at 3030-3040, and the stop loss is set below 3010. Be cautious in chasing long: The current price has entered the high-risk area, and you need to be cautious in chasing long. It is recommended to operate with a light position. Short strategy: Short on rebound: If the gold price rebounds to the 3040-3050 area, you can try short short, with the target at 3025-3015, and the stop loss is set above 3055. Short on break: If the gold price effectively falls below 3015, you can try short short, with the target at 3000, and the stop loss is set above 3020. Gold is currently in a strong bullish trend, but the price has entered a high-risk area, and you need to be alert to the risk of technical pullback. In terms of operation, the main focus is on long on pullback, supplemented by short on rebound, and pay attention to the key support of 3015 and the resistance area of 3040-3050. If it falls below 3015, gold may turn to adjustment, with the target at 3000 or even 2955.
KDAUSDT is a cryptocurrency trading at $0.4898. Its target price is $0.8000, indicating a potential 90%+ gain. The pattern is a Bullish Falling Wedge, a reversal pattern signaling a trend change. This pattern suggests the downward trend may be ending. A breakout from the wedge could lead to a strong upward move. The Bullish Falling Wedge is a positive signal, indicating a potential price surge. Investors are optimistic about KDAUSDT's future performance. The current price may be a buying opportunity. Reaching the target price would result in significant returns. KDAUSDT is poised for a potential breakout and substantial gains.
Bittensor, one of the top projects in the AI & DePIN sectors, is currently accumulating above the key zone while still trading below the ATH resistance ? Trend: Bullish reversal in sight Accumulation: Price is currently at the lower trendline of the falling wedge, indicating a strong buying opportunity. ? Best strategy? This is a good opportunity to load a bag of GETTEX:TAO at the current levels! In the worst-case scenario, I will average my position below the key zone ? Price Targets ? ✅ Target 1: $736.7 ✅ Target 2: $1,012.9 ? A breakout above key resistance could fuel a strong rally to four-digit levels!