Tings are looking rough for BTC and ETH in the daily. Let's talk about ETH first. The previous time I posted on ETH, we took a look at a bullish pattern forming - the Inverse Head and Shoulders Pattern. https://www.tradingview.com/chart/ETHUSDT/wWRZahpE-ETH-Pattern-SOL-All-Time-High-for-ETH-in-SIGHT/ VS the VERY different picture we see today after the weekly closed underneath support: https://www.tradingview.com/x/Q7JIU3R4/ Apart from chart patterns and bullish indicators - I was also confident that the price of ETH would increase, as we haven't seen a new ETH all time high, compared to the drastic ATH Bitcoin made. This, would be unusual. So the question remains - why did the pattern fail so miserably? There is no reason specifically as to WHY chart patterns fail - especially if they seem so strong. Some may argue its whale play, others may say it's a news event etc... But either way, the only real way to safeguard a trade from a failing pattern is to wait for confirmation . And the worst ting is - even then, it may still fail. However, this is by far a safer play than just relying on a pattern that's busy forming. Here's a short idea of what a confirmation would look like on some bullish patterns (blue): https://www.tradingview.com/x/pnvkz5ha/ Now, to talk about BTC in the Logarithmic view. I mapped out the date-ranges, as well as how far the price fell logarithmically after each top. You'll see the word "clicks" on the chart. This simply indicates the amount of diagonal trendlines it has fallen. By using this pattern-dedicated approach, a commonality is found which may be useful in speculating a future price. Because if not for past history, how else would we speculate on the future? It's interesting to note that the past 3 ATH's (all time high's) are each lower than the previous if you compare it not to price but to the "click lines". Even the fourth high (the one coming next) will be on a lower click-line than the previous, and that estimate is already over 300k. This is a really helpful way to speculate a future high because usually on a regular-view chart, the zone above the ATH is uncharted territory. You could use a Fibonacci trend-based extension, but this is limited to the cycle that you're using for input points. Logarithmic chart + indicators factor in the entire history of the price. So could it be that this is just another dip in the road towards a new ETH ATH - and potentially even another BTC increase? ______________________ BINANCE:ETHUSDT BINANCE:BTCUSDT
Gold's Bullish Outlook Amidst Market Uncertainty Gold currently shows a bullish outlook, but caution is advised given the current market conditions. President Trump's decisions have been causing fluctuations in gold prices, but the overall market remains unclear. Market participants believe that the current situation may accelerate further as long as gold continues to break through all-time highs. You may watch the video for further details! Thank you:)
Dear traders, gold has shown exceptional strength after breaking through the 2800 level, with aggressive buying flows providing strong support while simultaneously limiting downside retracements. Based on the current gold market structure, there remains upside potential, with prices likely to revisit the 2620-2630 range. However, market sentiment currently plays a more dominant role than technical factors. As strong buying pressure fuels a short squeeze rally, a shift in sentiment could lead to the formation of a high wave candle on the chart, with gold potentially retesting the 2800-2790 support zone. Given these conditions, I do not advocate chasing long positions at current levels for short-term trades. Instead, a more prudent approach would be to consider initiating long positions if gold retraces to the 2800-2790 support and holds above it. Conversely, if prices reach the 2620-2630 region, we can look for opportunities to short gold again. Bros, do you still have the courage to short gold? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
https://www.tradingview.com/x/kxG1DAEC/ AUDUSD - Classic bullish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Buy AUDUSD Entry - 0.6159 Stop - 0.6123 Take - 0.6227 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
All right same thing over here as in SPY this trading range is based on the one standard standard deviation movement off of Friday’s close We gapped down underneath the downward facing one hour 200 moving average into the up gap from January 17 which was a previous support on January 27. Now we are underneath it. We’re making lower lows and we also gapped underneath the 30 minute two hundreds moving average and the 50 day moving average so look to those levels as resistance for now. Below us we have an island gap that needs to be filled and it’s really close. I wouldn’t be surprised if we head there next .
After a strong bullish impulse ( Bull ) that began on December 11, 2024, on January 20, 2025 it took a breather and began a bearish phase ( Bear ) as can be seen in the chart. The price has retreated to the key zone of 61.8% Fibonacci ( 72.5 ), respecting it and gradually gaining bullish strength again. In H4 time frame the MOMENTUM is bullish ( Bull ), but its STRENGTH is still bearish ( Bear ). --> When will the strength turn bullish? When the price exceeds the 74.5 zone --> Today the IVO indicator alerted us of the first serious bullish signal ( Bull ) that could tell us that the price could be heading towards the 74.5 zone again. And if we add to this the TRADE WAR, it is very likely that it will go and overcome it without problems, passing the FORCE to bullish (Bull), and therefore, we will see with a high probability a new attack on the 79.3 area -------------------------------------- Strategy to follow: ENTRY: We will open 2 long positions if the H4 candle closes above 74.5 POSITION 1 (TP1): We close the first position in the 79.3 area (+6.4%) --> Stop Loss at 71.5 (-4%). POSITION 2 (TP2): We open a Trailing Stop type position. --> Initial dynamic Stop Loss at (-4%) (coinciding with 71.5 of position 1). --> We modify the dynamic Stop Loss to (-1%) when the price reaches TP1 (79.3). ------------------------------------------- SET UP EXPLANATIONS *** How do you know which 2 long positions to open? Let's take an example: If we want to invest 2,000 euros in the stock, what we do is divide that amount by 2, and instead of opening 1 position of 2,000, we will open 2 positions of 1,000 each. *** What is a Trailing Stop? A Trailing Stop allows a trade to continue gaining value when the market price moves in a favorable direction, but automatically closes the trade if the market price suddenly moves in an unfavorable direction by a certain distance. That certain distance is the dynamic Stop Loss. -->Example: IF the dynamic Stop Loss is at -1%, it means that if the price drops by -1%, the position will be closed. If the price rises, the Stop Loss also rises to maintain that -1% in the rises, therefore, the risk is increasingly lower until the position becomes profitable. In this way, very strong and stable price trends can be exploited, maximizing profits.
GBPNZD Market structure are making N pattern on the market structure with strong bullish rally. Spotted demand area (Green Rectangle). its a very good demand area structure after the price creating a higher high. Entry Position : Long Profit Target : 1:3 Shown on the chart image (Green Line) Stop Loss : Slightly below demand area (Red Line) Follow me if u guys making any gains from this idea. Thanks Coffee Trade Team
Gold SHould struggle towards buy now as I can see there are 2 potencial signs for that. So I'm aiming a sell precisely with a 1:2 risk ratio format with strict risk management. My Positions Instant Sell Stop Loss : 2821 Tp1 : 2803 Tp2 2793
The Relative Strength Index (RSI) is showing an upward trend, indicating increasing momentum. Additionally, the Moving Average Convergence Divergence (MACD) is showing a bullish crossover, further supporting the potential for an upward move.
All right this trading range is based on the one standard standard deviation movement off of Friday’s closee We gapped down underneath the downward facing one hour 200 moving average into the up gap from January 17 which was a previous support on January 27. Now we are underneath it. We’re making lower lows and we also gapped underneath the 30 minute two hundreds moving average and the 50 day moving average so look to those levels as resistance for now. Below us we have an island gap that needs to be filled and it’s really close. I wouldn’t be surprised if we head there next .