Ethereum is currently approaching a major support zone between $1,440 and $880, a level that acted as strong demand during previous market cycles. Price is currently below the Ichimoku cloud (Span A: $2,433 | Span B: $2,746), and the overall structure remains bearish unless price starts to break above recent swing highs. Both Trend Strength Index (TSI) indicators are firmly in oversold territory: TSI(10): -0.89 TSI(20): -0.97 This reflects deeply negative momentum, but historically, these levels have preceded strong reversals, especially when price enters high-timeframe support zones, like the one ETH is approaching now. The $1,440–$880 range can be seen as a potential accumulation zone, and unless ETH breaks below $880, the bullish continuation setup remains valid. If price stabilizes here and begins reclaiming structure, especially above the $1,750–$1,950 levels, we could anticipate a move toward the $3,875 high or beyond. Trade Setup Summary: Accumulation Zone: $1,440 – $880 Invalidation: Break and close below $880 Bullish Trigger: Reclaim of recent swing highs Target: $3,875 (major resistance) Bias: Bullish while holding above $880 TSI: Deep oversold – conditions favorable for mid-term reversal Ethereum fundamentals remain solid despite recent weakness. The upcoming upgrades to the Ethereum network (such as scalability and rollups) continue to support long-term utility, while institutional interest grows through ETH-based products and DeFi developments. Macroeconomic uncertainty, along with renewed ETF talks, could fuel a stronger recovery in the second half of the year. However, technicals must align with improving sentiment for this reversal setup to activate. Disclaimer: This content is for educational and informational purposes only. It does not represent financial advice or a recommendation to buy or sell any financial instrument. Trading involves risk, and you should only trade with money you can afford to lose.
Last week we had a shortened Trading week because of Good Friday. We opened DIA with a gap up and over the trump tweet gap and we were met with resistance right at the downward facing 30min 200MA You can see the three arrows all week — you don’t want to go long at a downward facing moving average. Wednesday UHC and Jerome powell both took a toll on the Dow, and Friday we gapped down and traded near the bottom of the implied move. I look to the Dow as a leading indicator of market health. When we started in slide down off of ATH’s we saw it in the DOW first. Dow had a rough week here last week. Red 35EMA rejected at the 30min 200MA Technically a beautiful week. All while closing within the implied move. ALSO - take a look at where we saw the signal line turn red.
going based off support and resistance, trends , harmonic pterns. it looks what seems to be going to the downside. chart is disected from 3moonth to 1 month to 1 week. what do you guys see?
Despite the FUD around Ethereum, I am focused on the charts and what they tell me. I look at the downside that has brought us in this Weekly buying area. That downside was a clear move and looks great for a nice run back up. I would still like to see a green candle present on this Weekly close to signify buyers but I think things are brewing for CRYPTOCAP:ETH
Gold Price Soars Amid Geopolitical Tensions – Is There a Correction Coming? As political tensions, especially the ongoing trade issues between the US and China, continue. Showing Gold’s Safe Haven Status in These Uncertain Times. - What’s Driving This Rise? With investors always looking for safety and minimal risk, recent news surrounding new tariff threats and diplomatic tensions between the two economic giants has added to the interest in buying gold. - So, Where Will the Gold Peak Stop? Is 3400 or 3500 .. the Final Peak? ? Key Resistance Levels to Watch Are 3358 and 3380
Gold (XAU/USD) just tapped a strong supply zone at $3,375 and is starting to pull back. Here’s what I’m looking at: Rejection from supply zone = short bias Clean breakout = potential retest & rally continuation Key downside targets: $3,180 and $3,046 if sellers take control This area has historical resistance + recent exhaustion signs. Price is overextended — are bulls running out of gas? Watch price action closely in this zone. Chart powered by LuxAlgo + Supply & Demand Range Would you go LONG or SHORT from here? #SmartTrading #GoldMoves #XAUUSD #gold #commodities #luxalgo #technicalanalysis #supplyanddemand #smartmoney #goldtrading #metals #forextrader #goldsetup #priceaction #swingtrading #scalpingstrategy
Last week we had a shortened Trading week because of Good Friday. We opened last week on Monday with a gap up right into the bear gap and got pushed out. From there we dropped down to the 35EMA and bounce there to just underneath that bear gap again. Tuesday tried to get further into that gap and got pushed out again. Wednesday and Thursday we regrouped and stayed close to the 35EMA which is still underneath the downward facing 30min 200. We did drop underneath that 35EMA on Wednesday when Jerome powell spoke and then reclaimed it on Friday!! So Last week can be summed up in small caps as we got pushed out of Trumps Week gap from the week before and consolidated back to the 35EMA
After printing a new All-Time High on April 17, Gold entered a brief correction that ended on April 18 at 3285. However, the daily candle closed strong at 3327, right before the long Easter weekend. Fast forward to Monday's ASIA session open, Gold showed no hesitation and pushed into yet another ATH at 3384. The bullish momentum is so aggressive that it feels like nothing can stop this trend. While I do expect heavy volatility going forward, the core strategy remains clear: ? Buy the dips. Key Level to Watch: ? First support zone = 3350 At this level, I will actively look for long entries, targeting a potential new ATH later this week. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
EUR/USD just broke into a major supply zone around 1.13820 after weeks of consolidation. But here's the twist — is this a true breakout or a bull trap? I'm watching for: A rejection from the supply zone = short setup A clean breakout with strong candle close = long continuation Targets: 1.08881 and possibly down to 1.03594 if bulls fail to hold! Fundamentals + technicals align this week with high-impact EUR & USD news incoming (see bottom-right news icons). This could be the move we’ve been waiting for! Chart powered by LuxAlgo + S&D zones. Let me know your bias in the comments — Bull or Bear? #StaySharp #TradeSmart
Bitcoin is currently trading around $87,151, in the middle of a healthy weekly retracement after reaching local highs. Price remains within the Ichimoku cloud (Span A at $89,519 and Span B at $79,240), indicating a neutral to slightly bullish phase, depending on whether buyers reclaim key levels in the coming weeks. A break and sustained close above $89,000 would serve as confirmation of bullish momentum resuming. That level aligns with the top of the cloud and recent consolidation, making it a key pivot zone to watch. Should price fail to reclaim that zone in the short term, the ideal long entry zone lies between $74,000 and $70,000, where: A previous breakout level aligns with demand The Ichimoku cloud thickens for dynamic support A potential oversold signal could develop on the TSI The Trend Strength Index (TSI) values support a pullback-to-buy thesis: TSI(10): -0.47 TSI(20): -0.80 While both are in negative territory, they’re not deeply oversold yet, giving room for one more leg down before a strong reversal signal potentially emerges. The ultimate bullish target remains at $109,000, which is the next significant swing extension zone. Trade Setup Summary: Breakout Confirmation: Close above $89,000 with follow-through Buy Zone: $74,000 – $70,000 (demand zone + cloud + structure support) Target: $109,000 Invalidation: Close below $69,000 Bias: Bullish continuation while holding $70,000 Bitcoin’s current consolidation follows the post-halving adjustment, where mining rewards have been reduced and market volatility tends to increase. Institutional interest remains high, with ETF inflows stabilizing and macroeconomic uncertainty supporting long-term crypto positioning. As long as real yields remain in check and risk appetite persists, BTC is fundamentally supported, aligning with the bullish continuation setup seen on the chart. Disclaimer: This content is for educational and informational purposes only. It does not represent financial advice or a recommendation to buy or sell any financial instrument. Trading involves risk, and you should only trade with money you can afford to lose.