Hello Guys Here Is My First Analysis For ETH/USD Must Support Me And And Share My Analysis With Your Friends Thanks Trade Safely Ethereum has experienced a sharp decline recently, hitting a key support zone near $2,563. This area aligns with historical price action, providing a potential buy opportunity. The market shows signs of stabilization, and we anticipate a potential bullish reversal. Key Levels: Support Zone: $2,563 - $2,295 Buy Entry: Above $2,669 to confirm bullish momentum. First Target: $3,000 zone for partial profits. Resistance Zone: $3,302 - $3,351, where strong selling pressure might appear. Strategy: 1. Buy Opportunity: Wait for confirmation above the buy entry level ($2,669) with increasing volume and bullish candlestick patterns. 2. Stop Loss: Place a stop loss below $2,563 to minimize downside risk. 3. Take Profit: Target the $3,000 level initially, with potential for further gains if resistance at $3,351 is broken. Fundamentals: cryptocurrency market that could impact Ethereum. Ethereum's recent price movement could be attributed to market-wide sentiment and updates in blockchain developments. Risk Management: Always use appropriate risk-to-reward ratios and avoid over-leveraging positions. NOTE: This analysis is for educational purposes and should not be considered financial advice.
NYSE:BMY is trading within a well-defined uptrend supported by a rising trendline, signaling strong bullish momentum. The price has recently maintained its position above the trendline, reinforcing the overall structure of higher highs and higher lows, which aligns with the trend continuation narrative. I anticipate that if the stock sustains its upward trajectory, it could move toward the 63.30 level. Let me know your thoughts or if you see the setup differently!
Expecting for price to go higher this week. Target for the week is around 4550 area.
We previously mistook the $2,790 peak as the Wave 5 high which was wrong. We have re-counted the wave analysis & updated accordingly! Gold is currently in its Wave 5 bull run which should be ending soon. Drop down to the lower TF’s to look for a change in market structure to bearish, before entering sell’s.
MASSIVE VOLUMES Mark Liquidation Lows as Bitcoin and Altcoin Market Send Shockwaves, XRP Back Test
? High-Probability Trading Setup: The Final Shakeout Before the Gigapump ? ? Scenario Breakdown: We are approaching a critical inflection point in the market, where price action is setting up for a high-risk, high-reward opportunity. My best bet for the upcoming move follows this sequence: 1️⃣ Final Pump to the Fibonacci Extension Pocket - The market is likely to push higher one last time, targeting the Fibonacci range extension zone where liquidity is stacked. - This move serves to trap breakout buyers and trigger late FOMO entries before the reversal. - Smart money will use this opportunity to distribute while retail piles in. 2️⃣ Slow Grind Down to Range Bottom - After tapping the key extension level, momentum will fade, and a controlled slow dump will begin. - Market makers will use this phase to offload longs and absorb early shorts. - Traders expecting an immediate breakdown might get shaken out as price holds the range bottom. 3️⃣ Range Top Retest – The Bull Trap - Before the real move down, expect a sharp retest of the range highs to trap more longs. - This fakeout will fuel the liquidity needed for the next leg down as leveraged longs get wiped out. 4️⃣ Capitulation to ~$74 k - Once liquidity is efficiently absorbed, we’ll see a swift capitulation towards $74ish as stops get triggered en masse. - This move will create extreme fear, forcing weak hands out of the market. 5️⃣ Rebuilding Phase: Market Inefficiency Refill & Short Trap - After the capitulation, the market will establish a new range, filling the imbalance left behind. - The goal? Lure in aggressive shorts, making them believe the breakdown is real. - Once enough liquidity is stacked, the market will flip, triggering the gigapump. ? How to Play It: ✅ Short the top fib extension area if price action shows exhaustion, reversal signs, or a fakeout wick. ✅ Watch for liquidity absorption at the range bottom. If it holds, expect a retest of the highs. ✅ Prepare for the capitulation wick. Look for divergences, liquidation flushes, and high volume around $74k for a potential long entry. ✅ Ride the gigapump once liquidity is fully absorbed. If shorts get trapped, reversal confirmation could lead to an explosive move up. ? Big Picture: This setup is a classic smart money play, designed to trap both bulls and bears before the real move. Stay patient, trade the levels, and don’t get baited by emotions. What do you think? Would you tweak anything in this setup? ?
Entering a short position around 600. The target will be 587 by the end of the day. The setup will be for maximum loss.
I was right on the entry but not quite precise on the takeprofit area.i didn't see the supply zone before but the RR ratio is still favourable
Took some L's today but I accept because I do not want to repeat last week over again. We also have to get ready for work and make some breakfast for my sisters so we are calling it today. May tomorrow and the other days this week bring me more blessings. but we will see. I am really working on not feeling rushed. Forex, Crypto and Futures Trading Risk Disclosure: The National Futures Association (NFA) and Commodity Futures Trading Commission (CFTC), the regulatory agencies for the forex and futures markets in the United States, require that customers be informed about potential risks in trading these markets. If you do not fully understand the risks, please seek advice from an independent financial advisor before engaging in trading. Trading forex and futures on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade, you should carefully consider your investment objectives, level of experience, and risk appetite. There is a possibility of losing some or all of your initial investment, and therefore, you should not invest money that you cannot afford to lose. Be aware of the risks associated with leveraged trading and seek professional advice if necessary. BDRipTrades Market Opinions (also applies to BDelCiel and Aligned & Wealthy LLC): Any opinions, news, research, analysis, prices, or other information contained in my content (including live streams, videos, and posts) are provided as general market commentary only and do not constitute investment advice. BDRipTrades, BDelCiel, and Aligned & Wealthy LLC will not accept liability for any loss or damage, including but not limited to, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. Accuracy of Information: The content I provide is subject to change at any time without notice and is intended solely for educational and informational purposes. While I strive for accuracy, I do not guarantee the completeness or reliability of any information. I am not responsible for any losses incurred due to reliance on any information shared through my platforms. Government-Required Risk Disclaimer and Disclosure Statement: CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN. Performance results discussed in my content are hypothetical and subject to limitations. There are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading strategy. One of the limitations of hypothetical trading results is that they do not account for real-world financial risk. Furthermore, past performance of any trading system or strategy does not guarantee future results. General Trading Disclaimer: Trading in futures, forex, and other leveraged products involves substantial risk and is not appropriate for all investors. Do not trade with money you cannot afford to lose. I do not provide buy/sell signals, financial advice, or investment recommendations. Any decisions you make based on my content are solely your responsibility. By engaging with my content, including live streams, videos, educational materials, and any communication through my platforms, you acknowledge and accept that all trading decisions you make are at your own risk. BDRipTrades, BDelCiel, and Aligned & Wealthy LLC cannot and will not be held responsible for any trading losses you may incur.
Global markets cracked downwards today fearing the tariff imposed by the new Government in US. The action has strengthened already strong USD$ as US is trying to flex it's financial muscle. How long this strength in USD can sustain is a question as it is looking far away from support having given an ATH against Rupee. The Tariffs as of now have been imposed by US on Canada, Mexico and China but other countries can also receive a similar treatment including India. So that space has to be watched continuously. Under such global perfect storm Nifty actually did pretty well to close at 23361 after making a low of 23222 which is a remarkable 139 points recovery. This might be due to the Budget announcements. There is also a talk that RBI might go for a rate cut. This can further give some strength of Financial and Banking and some other stocks. Global factors and FII selling are the main issues along with strength of Dollar that are hampering the Indian market. The results so far have been below par compared YonY but better than some market experts expectation. So even on that front it is a mixed bag. Supports for Nifty are at: 23222, 23136 and 22976. If we get a closing below 22976 Nifty can fall in a total Bear territory and fall further to 22797, 22316 or further down. Resistances for Nifty are at: 23381, 23555, 23618 (Father Line Resistance), 23660 is the (Mother line Resistance). After we get a weekly closing above 23660 we can think of getting back to the more bullish territory of 23745, 23883 and finally 24K+ zone. Shadow of the candle right now seems to be neutral to negative. Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock or index. The Techno-Funda analysis is based on data that is more than 3 months old. Supports and Resistances are determined by historic past peaks and Valley in the chart. Many other indicators and patterns like EMA, RSI, MACD, Volumes, Fibonacci, parallel channel etc. use historic data. There is no guarantee they will work in future as markets are highly volatile and swings in prices are also due to macro and micro factors based on actions taken by the company as well as region and global events. Equity investment is subject to risks. I or my clients or family members might have positions in the stocks that we mention in our educational posts. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message. Do consult your investment advisor before taking any financial decisions. Stop losses should be an important part of any investment in equity.