Ethereum's Potential Bottom: Could $5000 Be Next?Ethereum has experienced a significant 56% drop over the last 84 days. Has ETH found its bottom, or is more downside ahead? Let's break it down.
🔹 Fibonacci Retracement from October Low (2023) to December High (2024)
Starting with the Fibonacci retracement from the low of $1520.85 on 12th October 2023 to the high of $4109 on 16th December 2024, ETH recently hit the 0.886 Fib retracement at $1815.9 and saw a bounce. This area aligns with the Point of Control (POC) from previous price action, a potential signal that this could be a major support zone.
However, the real question is whether this is the final bottom, or if ETH will retest lower levels.
🔹 Further Fibonacci Retracement Analysis
Next, we take a larger Fibonacci retracement, from the low of $879.8 on 18th June 2022 to the high of $4109. The 0.786 Fib retracement at $1570.85 appears to be a critical support zone, as it also coincides with the POC in the volume profile of the entire market structure. This indicates that the $1570-$1600 region is a significant area of interest for buyers to step in.
🔹 Log Scale Fibonacci Confluence
To further strengthen this analysis, applying the same Fibonacci retracement on a log scale shows the 0.618 Fib retracement at $1585.17, very close to the POC and 0.786 Fib level, reinforcing this region as a major support zone.
🔹 High-Probability Long Setup
If ETH revisits the $1570-$1600 zone, this forms an ideal high-probability long setup with excellent risk/reward potential. A potential R:R ratio of more than 20:1 could materialise if this setup plays out and price targets $5000 as a take-profit level. The stop loss placement will determine the exact risk-to-reward, but the reward could be massive if this level holds.
💬 What are your thoughts? Will Ethereum find its bottom around these key levels? Excited to see how this develops! 🚀
Longsetup
Solana: Time to Buy or More Pain Ahead?Solana has been in freefall since peaking at nearly $300 on January 19, 2025, dropping a staggering 61% to $115,47 in just 50 days, currently trading at around $119. A support zone for potential reversals.
The big question now: Is this the time to go long, or is more selling pressure ahead? Let’s break it down.
Key Support & Resistance Levels
Lost Key Level at $120
Solana lost the key support at $120, turning it into a resistance zone. For bulls to regain control, SOL must reclaim this level with confirmation and increased volume.
Next Key Lows to Watch
Below the current price, the next key liquidity zones are at $110 and $105, where buyers may step in.
Major Support Zone – $104 to $96
If selling continues, we have a strong support zone between $104.14 and $96.96, backed by multiple confluences:
Anchored VWAP Support: Taking the anchored VWAP from the 2023 lows at $8, we find it currently aligning near $100, a key psychological level.
Monthly Order Block: On the monthly timeframe, an order block sits right at $100 mark, reinforcing this level as strong support.
2024 Yearly Open: The yearly open from 2024 is at $101.72, adding another layer of confluence.
0.666 Fibonacci Retracement: Measuring from $8 to the all-time high of $295.83, the 0.666 Fib retracement is at $104.14, further strengthening this support zone.
Liquidity Pools: There's a lot of liquidity around the $100 area
Fib Speed Fan Support: The 0.7 Fib speed fan also aligns perfectly with this support zone.
Conclusion: The $104–$97 range becomes a high-probability long entry zone with minimal risk.
Long Trade Setup
Entry Zone: $118 – $97
Stop Loss: Below $95
Take Profit Target: $135
Average Entry: $105 (DCA)
Risk-to-Reward (R:R): a solid 3:1 or better
Strategy & Execution
With SOL already down over 60%, scaling into a long position makes sense. Here's how to do it the right way:
1️⃣ DCA Strategy – Instead of going all in, scale in gradually within the $118–$97 range for a better average entry.
2️⃣ Volume & Price Action – Watch for a spike in volume and bullish price action before adding to the position.
3️⃣ Psychological Level Play – There are likely many buy orders around $100, meaning a bounce before hitting lower support is possible.
Stay tuned for updates as this trade unfolds! 🚀
XLM Crashes Below Key Support – Is a Reversal Near?XLM has broken its previous low, raising the question: where is the next major support zone? To determine this, we will focus on fibonacci, moving averages, and order blocks to find a high-probability bounce area for a potential long position.
🔍 Fibonacci Retracement – Locating the Next Support Level
Using the Fibonacci retracement tool from the low at $0.0757 to the high at $0.6374:
0.618 Fib Retracement → $0.2903 (Already Lost) ❌ Current Price: $0.248
Next Major Fib Level – 0.786 Retracement at $0.1959
Since the 0.786 Fib level is a key retracement point, we need further confluence factors to confirm its strength as a potential support zone.
🔗 Confluence Factors Strengthening the Support Zone ($0.1959 – $0.17179)
1:1 Trend-Based Fibonacci Extension
High: $0.6374
A: $0.3179
B: $0.515
1:1 extension aligns at $0.1902 → Strong confirmation near 0.786 Fib retracement ✅
Wave A-B Fibonacci Extension
1.618 Fib extension from wave A to B is at $0.1875 → Aligns with the 1:1 trend-based extension ✅
Daily Support Level at $0.1962
Sits almost exactly at the 0.786 retracement ($0.1959) ✅
21 EMA & 21 SMA for Moving Average Support
21 EMA at $0.20338
21 SMA at $0.17187
Order Block Between $0.2208 – $0.1964
Demand area aligns with the major support zone ✅
Key Takeaway:
A high-probability support zone is now identified between $0.1959 and $0.17179, with multiple confluences suggesting a strong potential bounce.
Trade Plan – Scaling Into a Long Position
Given the strong confluence at the support zone, the best approach is scaling into a long trade.
DCA Entry Strategy:
Start scaling in at $0.22, as an order block exists between $0.2208 – $0.1964
Main focus remains on the support zone ($0.1959 – $0.17179)
Stop Loss:
Below the 21 SMA ($0.17187) for invalidation
Take Profit Levels for Optimal R:R:
First TP at $0.25 → Resistance area
Next TP at $0.30 → Strong psychological & resistance level
R:R Approximation:
2:1 R:R for first TP ($0.25)
3:1+ R:R if targeting $0.30
High-Probability Support Zone Identified
✔ Multiple confluences confirm a strong support zone at $0.1959 – $0.17179
✔ Scaling into a long from $0.22 to $0.17179, with stop loss below the 21 SMA ($0.17187)
✔ Take profit levels set at $0.25 & $0.30 for a solid R:R trade
Alternative bullish scenario: A reclaim of lost key low at $2526 with rising volume could signal a long opportunity, only on confirmation.
💬 Will XLM bounce from this key support? Let me know your thoughts in the comments! 🚀🔥
PFE 1H Long Swing Conservative Trend TradeConservative Trend Trade
+ long impulse
+ SOS level
+ support level
+ 1/2 correction
+ biggest volumed Sp
Calculated affordable stop limit
1 to 2 R/R take profit before 1/2 of the Month
Expandable to 1/2 of the Year
Daily Trend:
"+ long impulse
+ neutral zone
+ close to 1/2 correction"
Monthly CounterTrend
"- short balance
+ unvolumed expanding ICE
+ volumed 2Sp-
+ weak test"
Yearly Trend
"+ long impulse
+ 1/2 correction
+ exhaustion volume?"
Will add more if corrects to 1/2 of 1H wave.
MRK 5M Long Investment Aggressive CounterTrend TradeAggressive CounterTrend Trade
- short impulse
+ exhaustion volume
+ volumed T1
+ volumed 2Sp-
+ weak test
+ first bullish bar closed entry
Calculated affordable stop limit
1/2 1M take profit
Hourly CounterTrend
"- short impulse
+ 1D SOS level"
Daily Trend
"+ long impulse
+ SOS level
- before 1/2 correction"
Monthly CounterTrend
"- short impulse
+ 1/2 correction
+ exhaustion volume?"
Yearly Trend
"+ long impulse
+ 1/2 correction
+ exhaustion volume?"
GOLD → The calm before the NFP torm! What’s next?OANDA:XAUUSD is currently trading within the 2926 - 2894 range, signaling a pause after its recent strong uptrend. If a false support breakdown occurs, the market could quickly revert, especially amid signs of a recovering USD.
However, a weaker dollar and expectations of a Federal Reserve policy shift toward easing continue to support gold demand. Despite the temporary suspension of Trump’s tariff measures, the precious metal remains in focus as a safe-haven asset.
Traders are now closely watching the NFP report, which could dictate the dollar’s future trajectory and influence Fed policy decisions. In the short term, attention will be on Initial Jobless Claims data, which may provide early signals about the U.S. labor market.
Technical Outlook
-Gold remains within the 2926 - 2894 range, potentially testing liquidity near the 2894 support zone.
-An unfilled fair value gap (FVG) below 2894 could lead to a brief dip before a rebound.
-Given the bullish long-term trend in gold and the ongoing dollar weakness, the probability of a price recovery remains high.
In this scenario, gold may fake out a breakdown, grab liquidity near support, and then resume its broader uptrend.
Best regards, Bentradegold!
JUP in Danger: Are We in for a Crash?JUP has been on a four-day downtrend, and it's starting to show its bearish side. The token has lost its yearly open, which was a major support level. Let’s break down the key support and resistance to see what the chart is telling us.
Support & Resistance
Resistance:
Yearly Open & Monthly Level: JUP has dropped below the yearly open at $0.8169 and the monthly level at $0.7427
Support:
Long-Term Range & Liquidity: JUP has been trading within a range for over 300 days, with a significant amount of liquidity below the low at $0.6328 from 5 July 2024.
POC: The volume profile shows the POC sitting at around $0.5, marking an attractive entry point for a long position.
Fibonacci Confluence: The 0.786 Fibonacci retracement level falls just below the key low at $0.431 (a level last seen on 12 February 2024), offering a great long trade setup.
Long Trade Opportunity:
Alarms are set, let's see if JUP drops to these key support levels. If it does, we could have a solid long setup on our hands.
BTC ANALYSIS🔮 #BTC Analysis
💲💲 #BTC is trading in a Symmetrical Triangle Pattern. If the price of #BTC breaks and sustain the higher price then will see a pump. Also there is an instant strong support zone. We may see a retest towards the support zone first and then a reversal📈
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀
#BTC #Cryptocurrency #Support #Resistance #DYOR
Put your seatbelts on for $SMCI to $55-65 range- NASDAQ:SMCI traders be ready to pounce and ride the momentum for this name.
- Buyers are getting aggressive and price can easily be pushed to 55 ( 200 sma ) to 65 range.
- $55 seems to be a resistance, if price moves above that then we could be seeing some parabolic moves in this name.
- Please Notes that, NASDAQ:SMCI has to submit SEC filing before Feb 25, 2025 and CEO re-assured that they would be filing the documents to SEC in time.
- So, next 2 weeks, buckle up your seatbelts for volatility!
Continue to motivate the price, world trade tensions✍️ NOVA hello everyone, Let's comment on gold price next week from 03/10/2025 - 03/14/2025
🔥 World situation:
Kugler emphasized that uncertainty poses challenges across the economy. Earlier, she noted that monetary policy is likely to remain steady for some time and dismissed wages as a driver of inflation.
Meanwhile, Fed Chair Jerome Powell reaffirmed that the central bank is in no rush to cut interest rates. He acknowledged that achieving the 2% inflation target will be a gradual process and cautioned against overreacting to short-term data fluctuations, stating that the Fed is well-positioned on monetary policy.
When asked about tariffs, Powell noted that their potential inflationary impact remains uncertain.
🔥 Identify:
The accumulation of over 2900 is a good signal, trade tensions will be comprehensive in the world that is when gold price grows over 3000
🔥 Technically:
Based on the resistance and support areas of the gold price according to the H4 frame, NOVA identifies the important key areas as follows:
Resistance: $2928, $2955
Support : $2880, $2837
🔥 NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
Pratham EPC - High-Risk Opportunity (Not a Recommendation)Pratham EPC appears to be in a potential buy zone between 150-175, with indications of a possible bounce from current levels. However, it is critical to note that this opportunity carries a VERY HIGH RISK profile. Market conditions, volatility, and other external factors could significantly impact the stock's performance.
Disclaimer: This is not a stock recommendation. Investors are strongly advised to consult their financial advisor or conduct thorough due diligence before considering any position in Pratham EPC. Past performance is not indicative of future results, and investing in equities involves inherent risks.
Proceed with caution and ensure alignment with your risk tolerance and investment objectives.
$LMND lagger in fintech, upside potential, EMA SMA crossingNYSE:LMND I'm a fan of financials, NYSE:MA , NYSE:V , NYSE:DFS , NASDAQ:PYPL , NASDAQ:AFRM , etc, even look at $SEZL. I think this name is a laggard in the sector and actually provides a good idea of business, something oversaturated but a different approach and ideas. With momentum and volume this name can trigger great upside potential in the next 3-6 months. Earnings are there and I look the setup here inside the triangle/flag. Long.
Also the 200ema and 200sma are riding nicely and the 50ema and 50sma are crossing over one another.
WSL
$AFRM $70-$80 target, cup and handle WEEKLY, pt. 2 chartYes, I used the brush and drew that juicy cup and handle. I don't know, friends, this one looks really good for setup to long. Part 1 was posted just before this give it a glance. The EMA and SMA used here was the 50 and in the previous chart was 200.
WSL
sol buy midterm"🌟 Welcome to Golden Candle! 🌟
We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎
Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫
Instead, they reflect our own 💭 personal attitudes and thoughts. 💭
Follow along and 📚 learn 📚 from our analyses! 📊💡"
DGB ANALYSIS🔮 #DGB Analysis - Breakout 🚀🚀
💲💲 In daily time-frame,Falling Wedge Pattern is forming and a good breakout is done. And a small retest is done, now we would see a good reversal move in #DGB ✅ 💯🚀
💸Current Price -- $0.00955
📈Target Price -- $0.001544
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#DGB #Cryptocurrency #Breakout #DYOR
Bitcoin Butterfly Harmonic Pattern – Multi-Fibonacci Confluence!A potential Bullish Butterfly Harmonic Pattern is developing, with point D yet to be completed. If price action reaches the harmonic completion zone, it could present a high-probability long opportunity near a stacked Fibonacci confluence zone.
The D-leg aligns beautifully with the 0.382 Fibonacci retracement of the entire 5-wave Elliott structure from the macro low at $15,476 to the all-time high of $109,588. A level that has acted as key support in the past. Multiple additional Fibonacci confirmations further strengthen this potential bullish reversal zone.
Pattern Breakdown – Bullish Butterfly Formation
The Butterfly Harmonic Pattern is a structured reversal setup, often forming at market extremes before trend shifts.
1️⃣ XA Leg – The initial impulse.
2️⃣ AB Leg – A retracement of 0.786 – 0.886 Fibonacci of XA.
3️⃣ BC Leg – A counter-trend move retracing 0.382 – 0.886 of AB.
4️⃣ CD Leg – The final move, typically extending 1.618 – 2.618 Fibonacci of XA.
📍 In this developing setup:
✅ B-point retraces 0.806 of XA → Butterfly pattern remains valid.
✅ C-point retraces 0.838 of AB → Strengthening structural alignment.
✅ D-leg projection target 1.695 XA extension, converging with multiple key Fibonacci levels.
Fibonacci Confluence – Strong Potential Reversal Zone ($73,783.52 - $73,157)
As price moves toward potential point D, multiple Fibonacci levels create a high-probability reversal area:
0.382 Fibonacci retracement of the entire 5-wave Elliott structure ($73,637.22)
Negative -0.236 Fibonacci retracement at $73,251.43
Negative -0.618 Fibonacci retracement at $73,157
Trend-based Fibonacci Extension 1:1 at $73,783.52
📍 Potential Reversal Zone: Between $73,783.52 and $73,157
Trade Setup – Waiting for Confirmation
Since point D has not completed yet, we should wait for bullish confirmation signals in the reversal zone before entering.
Entry Zone (if price reaches D): Between $73,783.52 and $73,157
Stop Loss: Below $73,157 (D-point invalidation)
Take Profit: B-point resistance
Risk-to-Reward (R:R): 3:1 if TP at B-point
⚠️ Key Reminder:
🚨 The pattern is not confirmed yet. A reaction in the potential reversal zone (e.g., bullish divergences, strong buying pressure, or reversal candlesticks) would strengthen the case for a long position.
Are you watching this level for a potential reaction? Will point D complete? Let’s discuss in the comments! 🚀🔥
BNX: After a +900% Rally, What's Next?BNX had an incredible run, skyrocketing +900% in just 19 days, completing a 5-wave Elliott Wave structure and peaking at $1.3333. Since then, the price has been in a downtrend, now approaching the critical $1.00 psychological support level.
Key Support Levels
The weekly open sits at $0.9387, aligning perfectly with the Point of Control (POC) from the previous trading range, making this a crucial level to watch. However, the bigger question remains—where is the next high-probability trade setup?
Liquidity Below $0.8278 – There's a significant liquidity pool just below this low, making it an attractive area for potential stop hunts before a reversal.
0.5 Fibonacci Retracement ($0.7333) – Measuring the full +900% move, the 50% retracement aligns near a key support zone.
Weekly Bullish Order Block ($0.7076) – A historical area of demand, adding further confluence.
1.272 Fibonacci Extension ($0.7250) – Another confirmation of a potential bounce area.
Anchored VWAP from $0.1334 – Currently sitting at $0.6675, this dynamic support strengthens the buy zone.
0.618 Fibonacci Speed Fan – If the price drops towards this level by late February, it could provide additional confluence for a bounce.
Potential Trade Setups
Bullish Setup: If price sweeps $0.8278 liquidity and enters the $0.7333 - $0.7076 demand zone, a long opportunity with confirmation could offer a great risk-to-reward trade.
EUR/JPY Trade Setup Bullish Breakout StrategyEUR/JPY trade setup is based on a **bullish breakout strategy**. Here’s a breakdown of the analysis:
**🔹 Trade Details:**
- **Entry at 160.200:** This level is identified as a good buying point, likely after a breakout or strong upward momentum.
- **Stop Loss at 159.500:** If the price reverses and hits this level, the trade will be closed to limit potential losses.
- **Target at 161.200:** The price is expected to reach this level if the bullish momentum continues.
### **📊 Why This Trade?**
1. **Resistance Breakout:** If EUR/JPY breaks a key resistance level, it could trigger more buying pressure, pushing the price higher.
2. **Strong Buy Zone:** After breaking resistance, the market often enters a phase where buyers dominate.
3. **Risk Management:** The stop loss is placed to minimize potential downside, ensuring a controlled risk-to-reward ratio.
📌 **Conclusion:** If the price breaks above resistance and holds, it’s a strong buy setup. However, always use proper risk management to protect your capital. 🚀📈
EUR/GBP Trade Analysis & Key LevelsEUR/GBP Trade Analysis & Key Levels
📈 **Current Price:** 0.83800
🔹 **Resistance:** 0.83900
🔹 **Support:** 0.83700
💡 **Market Outlook:**
- Strong **bullish momentum** observed, supported by the **EMA50** trend.
- If the price **breaks resistance**, the next target is **0.84600**.
- If the price **breaks support**, a bearish move may follow.
🎯 **Trade Plan:**
✅ **Entry:** Monitor for breakout confirmation.
✅ **Stop Loss:** 0.83600 (to manage risk effectively).
✅ **Risk Management:** Essential for capital protection.
📊 **Stay updated & trade wisely!** 🚀
The Ultimate Golden Zone to Close Shorts and flip Long TESLA Must Watch Analysis on TSLA revealing the ultimate golden zone to fill your Longs and close your shorts.
In this video I pinpoint a high probability zone of where to take the next long .
I have used a suite of Fibonacci tools to include TR Pocket , Trend based fib, pitch fan , 0.618, VWAP and volume profile to determine the best Long.