Imbalance filled below the Monday open gap with fair value on LTF
Last week Bitcoin and the whole crypto market dumped like crazy, but on Sunday at the start of March, the crypto market was resurrected from the abyss! After Trump's post, the crypto market pumped in a very short period of time. But let's take a look at the technicals. The price dropped below the rectangular range but then pumped back into the range. What does it tell us? Usually, what we want to see is a breakdown of the range, retest, and continuation to the downside. In this case, the price failed to retest the range and instead went back to the range, which is a sign of strength. Currently, we want to look for a good price to buy BTC for the final stage of the bull cycle. I expect this bullish cycle to end in Q3 2025, around September. The price of Bitcoin is inside this huge ascending parallel channel on the daily chart, and as long as this channel holds, we have to be bullish. Let's take a look also at the weekly timeframe. What we can see here is a bullish hammer with an extremely long wick (reversal candle). The price also got rejected from the 20-weekly moving average. https://www.tradingview.com/x/bMUFdIj1/ Write a comment with your altcoin + hit the like button, and I will make an analysis for you in response. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!
After successfully buying BTCUSD near 86,000 at the weekend, I led the members of the analysis circle to make a big profit. At present, the gold price is fluctuating around 91,600. From the trend, BTCUSD will continue to fall, because the impact of the news will not last long, and the next start is expected to be around the New York market. So the current operation idea is to go short first and then go long. Focus on whether there is support at the 89,000 position. This is a key position. Whether the New York market can go long depends on whether this position can stabilize.
there are some negative analysis from famous traders, they dont care about your asset . do your own research , but in my opinion the btc up trend didnt over.
???EUR/USD news: ?Trump confirmed that tariffs on Canada and Mexico will take effect starting Tuesday and revealed plans to double the 10% universal tariff on Chinese imports. This move increases the likelihood of a global trade war, boosting demand for gold as a safe-haven asset. ?Meanwhile, traders continue to anticipate that the Federal Reserve (Fed) will implement two quarter-point interest rate cuts by the end of the year due to weakening consumer sentiment. As a result, the US Dollar (USD) struggles to extend its three-day rebound from a more than two-month low. ?At the same time, the Euro (EUR) strengthens as Europe intensifies its diplomatic efforts to achieve peace in Ukraine. This puts additional pressure on the USD while further supporting gold prices, which are denominated in US Dollars. Personal opinion: ?At the time of writing, EUR/USD is priced at 1.0400. It is expected that there will be a slight recovery because the RSI (1H) indicator is in the sell zone and will bounce at 1.0360 to maintain the medium-term uptrend. Analysis: ?Based on important resistance - support levels combined with trend lines to come up with a suitable strategy Plan: ? Price Zone Setup: ?Buy EUR/USD 1.0365 – 1.0355 ❌SL: 1.0310 | ✅TP: 1.0410 – 1.0450 – 1.0490 FM wishes you a successful trading day ???
The AUD/USD pair has confirmed a bearish breakout, breaking below its ascending trendline and shifting momentum downward. Previously, the pair moved within an uptrend channel, encountering multiple sideways consolidations before reaching a peak at 0.64035. However, once the price rejected the resistance zone and broke the trendline, selling pressure took over. Currently, AUD/USD is trading around 0.62149, with a possible short-term retracement toward the 0.6274 - 0.6299 Fibonacci retracement zone before continuing its decline. If sellers defend this resistance, the next major target lies at 0.61156, aligning with the previous low and key support area.
Gold technical analysis: After the gold opened in early trading, the price shot straight up, with the opening price at the 2858 line, which is a strong short-term support level. After rising in early trading, according to market inertia, there is a high probability that the European market will continue to rise. The strong pressure above is at the 2885 line. When the price touches this point for the first time, short selling can be carried out during the day. Since the opening of the morning session was directly pulled up sharply, the entry position for long positions today will obviously not be too low. However, it should be noted that since the rebound of 2832, the possibility of directly hitting a new low again today is extremely small, so the probability of a direct sharp drop in price is unlikely. However, don’t think about gold too simply. The short trend does not mean that it will continue to fall without a counter-tick. It can be found that before gold fell, it made two supports near 2890. If it falls below 2890 later, then 2890 will change from a support to a suppression position. In the short term, the upper side focuses on the resistance of 2880-2890, and the lower side focuses on the support of 2860-2850. Brothers, profit is the ultimate goal of trading, and accumulating profits is what changes life and destiny. Wise choices are far more important than hard work. If you want to copy trading signals, earn stable profits, or want to learn the correct trading logic and skills in depth, you can consider joining the channel at the bottom of this article.
1. Identified Key Levels Type Price Level (Approx.) Significance Major Resistance 22,700 - 22,800 Previous support turned resistance; strong rejection possible. Minor Resistance 22,400 - 22,500 Short-term bounce zone; potential sell-off area. Current Price Zone 22,100 - 22,200 Market hovering near key support; decision point. First Major Support 21,800 - 21,900 Next critical level; breakdown could accelerate selling. Second Major Support 21,500 - 21,600 Deeper demand zone; last line of defense before more downside. 2. Trading Strategies Based on Key Levels Bearish Continuation Trade (Higher Probability) • Entry: Look for a pullback to 22,400 - 22,500 for short positions. • Stop-Loss: Above 22,700 to avoid getting trapped in a fakeout. • Take-Profit 1: 21,900 - 22,000 (First major support). • Take-Profit 2: 21,500 (Next strong support). Bullish Relief Rally (Lower Probability) • Entry: If price forms a bullish engulfing candle + high volume around 21,800 - 22,000. • Stop-Loss: Below 21,600 to limit downside risk. • Take-Profit 1: 22,400 - 22,500 (Short-term bounce area). • Take-Profit 2: 22,700 (Stronger resistance). 3. Risk Management & Confirmation Signals • Bearish Confirmation: • Price rejection at resistance (22,400-22,500). • Low bullish volume on pullbacks. • Large red candles breaking support. • Bullish Confirmation: • Strong reversal candle at key support. • Increase in buying volume. • Break above 22,400 with momentum. Final Outlook • Primary Bias: Bearish → Look for short opportunities on pullbacks. • Secondary Bias: Bullish only if price shows strong reversal near 21,800 - 21,900.
? Market Update: Today, the market opened with a gap up on the long side. Initially, it filled the gap with selling pressure before getting stuck in a range. A descending trendline formed, with the price rejecting the gap-up opening three times, creating a "peanut" pattern. This setup presents a strong buying opportunity. ? Buy Opportunity: Entry: 2860 Take Profit 1: 2872 Take Profit 2: 2877 Stop Loss: 2854 ? Stay disciplined and manage your risk accordingly!
Based on the analysis of the ETHUSD trade idea, here's a structured summary and evaluation: --- ### *Trade Analysis Summary: ETHUSD Long* *1. Technical Factors:* - *Trend Line Rebound:* Price rebounded from a key long-term support, suggesting potential reversal or continuation of an uptrend. Validate the trend line with historical touches (e.g., 3+ prior bounces). - *CCI Indicator:* Oversold signal (CCI < -100) breaking upward, hinting at bullish momentum. Confirm with RSI/MACD convergence to avoid false signals in a downtrend. *2. Fundamental Catalyst:* - *Trump Crypto Fund News:* Positive sentiment from political adoption, but verify: - Has the market already priced this in? Check price action post-announcement. - Regulatory implications (e.g., SEC stance on Ethereum as a security). *3. Entry & Risk Management:* - *Entry Trigger:* Define "further growth" (e.g., break above $2,950 resistance or a 1-hour close above the 50-period EMA). - *Stop-Loss (SL):* Essential for risk control. Place below the trend line (e.g., $2,700) or recent swing low. - *Targets:* - *Target 1 ($3,100):* Aligns with June 2024 resistance or 61.8% Fibonacci retracement. - *Target 2 ($3,500):* Psychological level and previous swing high (March 2024). *4. Confluence Checks:* - *Volume:* Confirm rising volume on the rebound for stronger conviction. - *Market Sentiment:* Monitor Bitcoin’s movement (ETH often correlates) and crypto fear/greed index. - *Futures Data:* Negative funding rates could indicate short-squeeze potential. *5. Risks:* - False breakout if trend line fails or news lacks follow-through. - Macro risks (Fed policy, geopolitical events) impacting crypto as a risk asset. --- ### *Recommendation:* - *Execute Long IF:* - Price holds above trend line with bullish candle closes. - CCI sustains above -100 and RSI > 50. - Volume increases on upward moves. - *Avoid IF:* - ETH closes below trend line or shows weak momentum (low volume). *Adjusted Trade Plan:* - *Entry:* $2,900–$2,950 (confirmed breakout). - *SL:* $2,700 (-7–10% risk). - *Targets:* $3,100 (6% gain), $3,500 (20% gain). - *Risk/Reward Ratio:* ~1:3 (favorable). --- Always scale in/out and monitor news for sudden shifts. ?