EURUSD Wave Analysis – 19 March 2025
- EURUSD reversed from resistance level 1.0930
- Likely to fall to support level 1.0830
EURUSD currency pair recently reversed down from the key resistance level 1.0930 (a former monthly high from November, which also stopped the earlier minor impulse wave iii).
The downward reversal from resistance level 1.0930 is likely to form the daily Japanese candlesticks reversal pattern Evening Star – a strong sell signal for EURUSD.
Given the overbought daily RSI and strongly bullish US dollar sentiment, EURUSD currency pair can be expected to fall to the next support level 1.0830 (low of the previous correction iv).
M-oscillator
BTCUSD Daily Chart AnalysisBTCUSD Daily Chart Analysis:
As you can see on the daily chart, Bitcoin is currently at a critical juncture. We've witnessed a strong uptrend culminating in a high near $108,000, followed by a significant correction.
Key Levels:
Support: The $80,000 to $82,000 zone is proving to be a crucial support level.
Resistance: We have immediate resistance around $92,000 to $96,000, and the major resistance at the recent high of $108,000.
Technical Observations:
The recent pullback is testing the aforementioned support zone.
Crucially, I'm observing a bullish divergence on the RSI, indicating potential weakening of the downward momentum.
Additionally, a bullish MACD crossover is imminent, further reinforcing the possibility of a reversal.
Potential Scenarios:
If the $80,000 to $82,000 support holds, the bullish divergence and MACD crossover suggest a strong likelihood of a bounce. We could see a move towards the $92,000 to $96,000 resistance area. A successful break above that level could propel BTC back towards the $108,000 highs.
Conversely, a break below the $80,000 support would invalidate the bullish signals and likely lead to further downside, with potential targets around $76,000 and $72,000.
Conclusion:
Bitcoin is currently presenting a compelling setup. The confluence of a key support test, bullish RSI divergence, and a potential MACD crossover suggests a high probability of a bullish reversal. However, risk management is paramount, and traders should be prepared for potential downside if the support fails.
$SPY March 19, 2025AMEX:SPY March 19, 2025
15 Minutes.
50% retracement done for the move 549 to 569
Foe the fall 569.71 to 559.07 563-564 is good levels to short.
But we have converging moving averages in 9,21,100 and 200. So 559 +- should be a strong support.
As of now i am looking for longs above 568.
LRC: BULLISH divergence on daily chartBullish Divergence Confirmed:
Both the RSI (Relative Strength Index) and MACD (Moving Average Convergence Divergence) are showing bullish divergence on the daily chart. While the price has made a lower low, the RSI and MACD have formed higher lows, indicating weakening downward momentum and a potential trend reversal.
Low Market Cap Potential:
Given the coin’s low market capitalization, it has the potential for significant price appreciation if buying momentum accelerates, as low-cap assets are often more volatile and responsive to positive sentiment.
As always, monitor the trade closely and adjust your strategy as needed based on market conditions.
HSI charging forward, but watch that resistance!Helloy everyone,
Yesterday the Index performed quite well; bullish.
Trying to go back to the uptrend channel.
PEPPERSTONE:HK50
at point of writing ✍️:
MACD - Deadcross formed. Sell/Short at resistance level 24730-24650
BB - 23953(lower BB) mid-line:24350 (this is your 🗝️ level for your long/short TP/SL level)
Quote from 17/3/2025 post
For this week trade plan: Buy into support Sell at resistance. Set your TP/SL.
🚨 as of ✍️ :
🗝️ Level : 22979-23242(23374)- 23997- 24385 - 24586 - 24648 - 24945
To retest 24385 again.
Set your TP/SL, let the market do its thing, and ride the trend with confidence! Manage your risk/reward (r/r).
HSI continues its Bullish mode.
HSI:HSI
W Chart:-
📰 another +ve news, but this might be distraction. 🚨
www.tradingview.com
🎯 Reminder: Continue to accumulate China & HKG for the potential upside for the year! All retracement is a good entry point.
🔎 DYODD and don't listen to anyone. Invest in yourself, do some study and learn along the way while you trying to verify or finding the answer if to start invest in CHN/HKG markets. If you don't know how or where, you may ask Deepseek/Chatgpt for most reputable Trading courses nearest to you.
** Please Boost 🚀/LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Share your trading journey to encourage the trading buddies.
While wait for the markets cook, you may zen with 📙 and 🍵because stress won’t make the candles move! 🚶
Happy Trading!
AUD/JPY: Testing Key Downtrend as Bulls Eye 50DMA BreakAUD/JPY is testing downtrend resistance established in November, with a potential retest of the 50DMA in play. Momentum indicators, including RSI (14) and MACD, are flashing bullish signals, favouring an upside bias near-term.
If we see a break of the downtrend and minor horizontal support at 95.35, longs could be established above the latter with a stop beneath for protection. The 50DMA has repeatedly capped bullish attempts recently, making it a key hurdle—those entering should be prepared to cut if the price fails to break and close above it.
If cleared, 97.33 emerges as a potential target, with 97.96 and 99.10 as other topside levels to watch. A failure to sustain the breakout would invalidate the bullish bias.
Good luck!
DS
Why the Bitcoin Pi Cycle Indicator will not trigger this cycleIn this post, we’ll take a closer look at the Pi Cycle Indicator and explain why we believe it is unlikely to trigger in this cycle. Instead, we present an alternative signal that may better indicate the true Bitcoin top.
Understanding the Pi Cycle Indicator
The Pi Cycle Indicator has historically been highly accurate in predicting Bitcoin cycle tops. It consists of two simple moving averages:
The 111-day simple moving average (SMA) (blue)
The 350-day simple moving average (SMA) multiplied by two (green)
A signal is generated when the 111-day SMA crosses above the multiplied 350-day SMA, which is marked by a red vertical line.
Why This Signal Alone Isn’t Enough
While this signal has been useful in the past, we believe it doesn't provide the full picture—specifically, it doesn’t indicate how strong the crossover is. By transforming this indicator into an oscillator that measures the ratio between these two moving averages, we gain a more nuanced perspective:
In the chart, the green line represents the ratio between the two moving averages. When it crosses above the red horizontal line (ratio > 1), a Pi Cycle signal occurs (marked by a red vertical line). Notably, the 2017 signal was significantly stronger than the 2021 signal, suggesting a pattern of diminishing returns. We highly recommend checking out our post on diminishing returns and the overall timeline for the current cycle here . Additionally, we've developed our own Bitcoin model that factors in the effects of diminishing returns. Check it out here .
The TRUE cycle top signal
The key question is whether this diminishing return is strong enough to prevent a signal from forming in this cycle. Based on our analysis, we believe it is.
By extrapolating this trend into the future using a white diagonal trend line, it becomes clear that the ratio will likely remain below 1, meaning no crossover is expected this cycle.
Instead, we anticipate that the next Bitcoin top will occur at a ratio of approximately 0.9 , as indicated by the orange area on the chart.
In summary, while the Pi Cycle Indicator has been a reliable tool in previous cycles, its diminishing strength suggests that it may not trigger this time. Rather than relying solely on this metric, we suggest considering looking deeper into the true value of this indicator instead.
EUR/AUD: Signs of Exhaustion as Bears Watch 1.7184EUR/AUD looks heavy and vulnerable to downside following Friday’s bearish engulfing candle, leaving the price teetering just above 1.7184—the blow-off top high from August last year.
A break below 1.7184 could encourage bears off the sidelines, creating a setup where shorts may be established beneath the level with stops above for protection. EUR/AUD has tended to stall around big figures during its recent rally, putting 1.7100 and 1.7000 on the radar as initial downside targets. Beyond that, 1.6800 looms, having capped gains in late 2024 and early 2025.
RSI (14) is trending lower but remains overbought, suggesting bullish momentum may be starting to wane. MACD has yet to confirm a bearish signal, though it is curling towards the signal line.
On the fundamental side, the euro has priced in a lot of good news from recent fiscal and geopolitical developments, raising the bar for further upside. Meanwhile, the Aussie remains suppressed by elevated volatility and concerns over China’s growth trajectory amid escalating U.S.-China trade tensions, limiting its ability to capitalise on recent U.S. dollar weakness.
However, if those concerns ease, the Aussie could outperform. That puts today’s policy details from China’s government on boosting consumption in focus. While both the euro and Aussie are heavily tied to China’s economic health, AUD—along with other Asian currencies—stands to benefit more from an improvement in sentiment.
$SPY March 17. 2025AMEX:SPY March 17. 2025
15 Minutes.
AMEX:SPY near 200 averages in 15 minutes.
Big resistance point.
hence a pull back to 560.5 - 558.5 will be a good level to go long.
AMEX:SPY forming HH HL pattern.
A short I expect to be stopped around 556-558 levels.
Not a good R:R setup.
Sidelines today.
TRUMP/USDTFundamental Overview of TRUMP/USDT:
Official Trump Coin (TRUMP) has gained attention due to its association with former President Donald Trump. With a current price of $11.86 and a market capitalization of approximately $2.37 billion, TRUMP ranks among the notable digital assets in the market. (coinmarketcap.com) Its popularity and volatility attract both investors and traders seeking new opportunities.
Technical Analysis:
We see that TRUMP coin is currently trading within a descending channel, respecting two trendlines that form a falling wedge pattern. If the downward momentum persists, we expect the price to drop into the $4.5-$5.0 range, where we anticipate strong buying pressure to emerge.
Key VWAP levels, highlighted with green circles, act as price magnets, making them crucial points of interest for a potential reversal. Additionally, Fibonacci retracement levels indicate significant resistance around $21.15 (0.618 Fib) and $24.22 (0.786 Fib), which could serve as key breakout targets if the price initiates an upward move.
If the price successfully reclaims these resistance levels, a bullish scenario could unfold, potentially targeting $30+ in the mid-term. However, failure to hold support around $4.5-$5.0 could lead to further downside exploration.
USDCAD Wave Analysis – 14 March 2025
- USDCAD reversed from key resistance level 1.4500
- Likely to fall to support level 1.4300
USDCAD currency pair recently reversed from the key resistance level 1.4500, which has been reversing the price since the middle of January.
The resistance level 1.4500 was further strengthened by the intersecting upper daily Bollinger Band.
Given the strength of the resistance level 1.4500 and the bearish US dollar sentiment seen today, USDCAD currency pair can be expected to fall to the next support level 1.4300.
SMPH Possible Trend ReversalAfter months of downtrend, SMPH seems to be somehow recovering from its bearish sentiment. From downtrend to sideways
Confluence
Macro: Shift from downtrend to sideways
Daily chart: higher lows
RSI: higher lows
Short term outlook: Looking like a 1 month short term uptrend.
Other Notes
Possibly looking to make a DB MB BO and hopefully a DB BT BO
Coming from a macro downtrend, sentiment shifting to defensive stocks. Property sector may not be the first mover post bearish sentiment since its not a defensive sector but perhaps the speculated rate cuts may help.
Earnings also released and looking good.
USD/CHF: Bearish Trend Pauses, but Breakdown Risks RemainThe strong bearish trend for USD/CHF stalled this week, with buying support emerging beneath .8774, continuing the pattern seen in December. The net result has been a grind higher before running into resistance at .8854, forming what resembles a bear flag on the charts. That should put traders on alert for a potential downside break and resumption of the bearish trend.
Indicators like RSI (14) and MACD are providing mixed signals on price momentum, with the former trending higher while the latter remains below the signal line. However, the modest RSI (14) uptrend looks vulnerable, mirroring the unconvincing price action.
If the price breaks down from the bear flag, immediate levels of note include .8774, .8711, and .8617, the latter being a more substantial support level. On the topside, a break of .8854 would put .8920 and .8966 on the radar for bulls.
The price is hanging around the 200-day moving average like a bad smell this week, but having traded through it on multiple occasions like it didn’t exist, it shouldn’t be a major consideration for traders.
Good luck!
DS
EURGBP Wave Analysis – 13 March 2025
- EURGBP reversed from key resistance level 0.8450
- Likely to fall to support level 0.8340
EURGBP currency pair recently reversed down with the daily Shooting Star from the resistance area between the key resistance level 0.8450 (which has been reversing the price from September) and the upper daily Bollinger Band.
The downward reversal from this resistance area stopped the earlier short-term ABC correction ii from the end of February.
Given the strength of the resistance level 0.8450 and the overbought daily Stochastic, EURGBP currency pair can be expected to fall to the next support level 0.8340.
BTC 3 MONTHS LONG Starts, this week?Waiting for a last impulse 140 ds/3 months on INDEX:BTCUSD BITCOIN, this week could the 3 months BTC LONG START . Why? Let´s see:
- Channel with 4 elliot waves done. Looking for Wave 5.
- RSI 3D breaking out, like 1 year ago.
- RSI W Just about to Break out, like 1 year ago. Looking for confirmation.
- Rate Cuts this week, lets see.
www.tradingview.com INDEX:BTCUSD
XCN + 333%? X4 IS WAITING FOR IT IF THIS CONFIRMS.Last time Onyxcoin (XCN) had a Bullish divergence on RSI and make a Golden cross. it made a +383% in 5 waves making the 1st wave on the bigger cycle. (152 ds).
Wave 2 a correction ( 152 ds), corrects as Elliot says to the 4th of a minor degree.
And now that the Wave 3 seems to start, we break the descending channel and made a Golden Cross. We have the bull impulse until Feb/Mar 2025.
To confirm this we need the break out on the RSI.
And remember that Wave 3 usually is the strogest of all, we will find out on OCTOBER ;)
Cheers!
Hang Seng Tech Rocket Ship Running on FumesHang Seng Tech futures look like they’re running out of rocket fuel after the recent surge, hinting that a fresh catalyst may be needed to recalibrate the trajectory higher. That could mean a pullback before another move up.
Price, oscillators, and volumes have rolled over in unison, putting the uptrend established in January firmly on the radar. It’s found today around 5630, with minor support just above at 5710.
A break and close beneath the uptrend would strengthen the case for a trend reversal, pressuring weak longs and likely encouraging bears to target additional downside.
Levels to watch include 5484, 5300, and 5140 on the downside, while 5710 and 6209 remain in focus on the topside if the uptrend holds.
Good luck!
DS
Shorting Gold!Gold has been on a TEAR through 2025. Overextended in ATH territory and more expensive than ever before in history. Logically, we should expect a return to historically normal (still expensive) prices.
Daily chart is showing 3/3 sell signals
1. Price below 9 period MA
2. RSI bearish fanning beautifully from overbought levels
3. Average Daily Range expanding with volatility
I'm aggressively watching for shorts on Gold, Silver, and Copper in the weeks ahead. I've outlined 3 possible entries IF we're lucky enough to see some kind of relief from last weeks selloff. Should price proceed to fall, preparing smaller time frame short trades. I strongly believe we will see 2800. Strategy is invalidated if price breaches ATH's
Silver's Breakout—From Graveyard to Launchpad?Silver looks great on the charts, closing above $33 for the first time since late October. Previously, this was like a graveyard for bullish raids, putting increased emphasis on the price action over the next few days.
Whether you’re talking price or momentum signals, they suggest this break may stick where others failed, putting a potential retest of the October 2024 swing high of $34.87 into play. We saw a key bullish reversal candle on Tuesday, followed up by further buying on Wednesday, contributing to the bullish break. That’s not surprising given price signals have often proved accurate in silver recently. RSI (14) is trending higher, with MACD confirming the bullish momentum signal.
The ducks are lining up. If silver can’t capitalise in this environment, it will be a telling sign as to where medium-term directional risks may lie.
Those considering bullish setups could buy above $33 with a stop beneath the level for protection. Some resistance may be encountered around $34 and $34.50, with a break above the latter putting $34.87 on the table. $35.36 and $37.46 are long-standing levels located just above.
If silver were to reverse and close through $33, the near-term bullish bias would be invalidated.
Good luck!
DS