ETH/USDT Breaks Uptrend – Key Retracement Zone in PlayETH/USDT has broken its recent uptrend and is now entering a correction phase, approaching a key retracement zone around the $1,630 level. This area has acted as strong support in the past and could become a critical decision point for price action. If the level holds, it may trigger a continuation of the broader bullish trend. However, a breakdown below this zone could open the door for a deeper pullback. Monitoring closely for confirmation and market reaction.
Trade safe, Joe.
Priceaction
2025-04-14 - priceactiontds - daily update - daxGood Evening and I hope you are well.
comment: We will likely have a big breakout tomorrow or Wednesday. Right now I still favor the bears since we are in a bear trend but if we print 21701, it’s over and market is neutral again on higher time frames. Today’s high 21266 is not the best stop for shorts but if we just continue down from US close, it will have to do.
current market cycle: trading range or continuation of the bear trend - answer will be given on Tuesday
key levels: 19000 - 22000 yeah. no typo.
bull case: Bulls want to stay above the 4h 20ema and break above the closest bear trend line from 22350. If they print a higher high tomorrow, we could gain enough momentum by shorts covering that we test 21500 and the next bear trend line that started this bear trend a month ago close to the ath. Bears have not printed one good bear bar on the 4h chart since Thursday after EU close. That increases the odds for the bulls somewhat but still have my doubts.
Invalidation is below 21000.
bear case: Bears need to make lower highs below 21226 and lower lows below 20900 early tomorrow or bulls will continue higher and bears have to cover. We are near two very important trend lines and they either hold or we go much higher again. We have been on a broad bull channel since Thursday and market has not moved up that much given the volatility the days before. Tough guesses tbh but I will continue to look for trades only near the extremes and on good momentum.
Invalidation is above 21300.
short term: Neutral. Mabye a bit bearish if we get decent selling going early tomorrow. 20900 - 21226 is the current range and we will likely break out of it tomorrow.
medium-long term from 2024-03-16: Bear trend is ongoing but for now I still think 19500 and below is an amazing buy if you can hold for years. Things will have to turn really bad for this market to find acceptance below the bull trend line from the covid lows and right now this trade war is just front running. Markets were not priced for risk 3 weeks ago but this drop was too much too fast. My bearish targets for this year are met and with the current environment I will not call for lower prices than 19000. If the trade war turns real bad, yeah sure but for now it’s not.
current swing trade: None
trade of the day: Buying the globex gap close or the double bottom 20900. Why? Because every time market dipped below 20970 today, we rallied back up.
BTCUSD - $100k soon? [UPDATE]MARKET UPDATE.
Price broke out of the Descending Trendling and has pulled back to retest the Trendline and a Key Demand zone.
Stacked Confluences:
1. Trendline Break & Retest.
2. Liquidity sweep below support.
3. BOS after price reacted from the Demand.
I’m watching for continuation towards $85.8k and beyond.
If bullish step in here this could be the next bullish leg up.
Let’s see how it plays out.
What are your thoughts on BTC this week let me know what you think in the comments.
Hey Look! Sellers are Getting Weaker You may notice that the recent price declines are becoming smaller (marked by the grey arrows). The red candlesticks are shrinking, indicating that selling pressure is weakening while buyers are gradually stepping into the market.
As sellers lose momentum, we can expect the support area between 2.779 – 2.713 to hold and potentially trigger a price bounce. For now, we wait for the price to reach this zone and look for a clear confirmation signal before entering.
From a chart pattern perspective, a falling wedge reversal is forming — a pattern often associated with bullish reversals. The 2.779 – 2.713 support area aligns with this pattern and can be considered a potential buy zone, provided we get proper confirmation.
Buyers Still in Control?Price surged from 0.4000, broke the previous high, and reached the 0.4852 resistance level. The current sideways movement around the resistance suggests that sellers lack the strength to push the price lower. Even if a pullback occurs, the 0.4579 – 0.4455 area is expected to act as a support zone, potentially holding the price and allowing the uptrend to continue toward 0.5534 – 0.5652.
GOLD TODAY OUTLOOKXAU/USD – 30-Minute Technical Setup
Gold has been gliding upward, respecting a clean ascending structure, printing higher highs with strength. But as price taps into the $3,242–$3,267 supply zone, momentum begins to fade.
A potential rejection here signals a structural shift. If the trendline breaks, we could see a clean move down toward the $3,176 demand zone, with $3,203 acting as soft interim support.
This setup reflects precision and patience , anticipating a transition from bullish strength to calculated bearish correction, with a balanced risk-to-reward approach.
Confirmation is very important.
Always use stoploss for your trade.
Always use proper money management and proper risk to reward ratio.
This is just my analysis.
#XAUUSD 30M Technical Analysis Expected Move.
Bullrun is Still Here, $120,000 - $130,000 Soon?The price drop over the last 2 months from $109,000 to $74,000 has made many people think the bull run is over or that the cycle has ended.
But if we look closer, this move appears to be just a correction. The price structure is still forming higher lows and higher highs — a clear sign of a bullish trend.
Will it form another higher low between $77,090 and $73,808?
This is the real question, because it will determine whether the bullish trend is still intact.
If you notice, during the drop from $109,000 to $74,000, the stochastic indicator didn't make a lower low. That suggests the decline wasn't supported by momentum — a positive sign, as it shows buyers still have strength to push the price higher.
From a price action perspective, $88,624 is a key confirmation level. If the price breaks above it, there's a high chance we’ll see a new higher high, surpassing $109,000 and targeting the $120,000–$130,000 range.
NASDAQ Futures Long Setup: Pullback Entry After Tariff BoostMarket Outlook – April 13, 2025
Quick recap: In my last public analysis, I mentioned watching the 18,350–18,000 zone for signs of support — a level stacked with confluence (50–61.8% Fib, EMA, VWAP, pivot). Price broke down deeper than expected but responded beautifully:
✅ Tagged 18,000 almost to the tick
✅ Rejected hard at the 61.8 Fib
✅ Respected the 50 Fib on the way back up
All solid signs of strength.
Now with tariff exemptions announced today (bullish for tech/Nasdaq), I’m opening the door to more long setups this week.
Here’s What I’m Watching:
🔹 Scenario A: Pullback into the 18,575–18,500 zone (first dotted white line). If price reclaims structure or gives me something clean — EMA bounce, VWAP tag, candle pattern — I’ll look for longs.
🔹 Scenario B: If that level breaks or I miss the first shot, I’ll look for a second chance around 18,000–18,300. Same deal: not jumping in blindly, waiting for a setup to form.
To be clear — these are areas of interest, not automatic trades. I want clean structure and confirmation before entering.
Let’s see how it plays out. Will update if/when I take a position. Stay sharp. 📈
EURUSD ANALYSISEUR/USD – 2H Bullish Continuation Play
Following a sharp breakout, EUR/USD is gracefully pulling back toward the 1.1095–1.1149 demand zone, now acting as support. This zone holds significance as a potential launchpad for the next bullish wave.
A higher low formation here could ignite continuation toward 1.1471, with extended upside into 1.1605, presenting a clean and favorable risk-to-reward opportunity.
The structure is clear, the momentum is aligned, and the setup reflects a well-composed bullish scenario ideal for patient and precise execution.
▫️ Impulsive breakout
▫️ Retracement to demand zone (1.1095–1.1149)
▫️ Looking for higher low → continuation
🎯 TP1: 1.1471
🎯 TP2: 1.1605
🛡️ Clean R:R, perfect for trend followers.
#EURUSD 2H Technical Analysis Expected Move.
#202515 - priceactiontds - weekly update - nasdaqGood Evening and I hope you are well.
comment: Lower low major trend reversal or continuing of the bear trend? This is the question we will get an answer to most likely when futures open in a couple of hours. My assumption is that we will see a mind boggling rally for the MAG7 while small caps will be crashed like there is no tomorrow. Orange face man want the companies come crawling and bending the knee begging for an exemption and so far for some it worked. Market has respected the bear trend line and daily 20ema last week but I doubt those will hold next week. If they do, it would be a very strong sign by the bears that they remain in full control and we will most likely retest the lows over the next days/weeks.
current market cycle: bear trend but above 20046 it ends and we will be in a giant trading range
key levels: 16000 - 20100
bull case: Bulls want this trend to end and crush the hopes for a third leg down. They have received another gift in form of more news helping them, like the bears did when this whole thing started. It’s tough to trade when 1 tweet can move the markets 5-15%. I normally lean towards volatility but this is insanity. Above 20050 I honestly don’t see a reason why market can not do a measured move up to 22000. Bears have to cover shorts latest at 19500 and the move up could become that violent.
Invalidation is below 18000.
bear case: Bears are fine if we continue with the lower highs and stay inside the bear channel but the probability after the big tariff exemption is low. I expect remaining bears to rush for the exits on futures open and we could see a complete capitulation higher. If they somehow manage to stay below 19500, that would be a very strong sign and we will likely continue the bear trend and the chance for a third leg down would be there.
Invalidation is above 19500 (very low chance that 20000 is the big resistance if we make higher highs above 19500).
short term: Above 19500 I will be max bullish for a meltup to 21000 or 22000. This will most likely be a pure momentum trade and we could see a 5-10% move down this week as well but for now, my assumption is max bullish if futures open strong. Bears would have to stay below 19400 and make lower lows below 18000 for me to turn bear again.
medium-long term - Update from 2024-03-16: My most bearish target for 2025 was 17500ish, given in my year-end special. We had the clear W1 and W3 but now it’s messy. News have given bulls everything they dreamed of and if we make higher highs again, bear trend is over and my base case would be a trading range 16000 - 23000 for months if not years.
current swing trade: Swing long above 19400 for 20000 and likely 21000+
chart update: Nothing
#202515 - priceactiontds - weekly update - daxGood Evening and I hope you are well.
comment: Big gap above up to 21500 and decent bullish island gap below down to 19950. My base case is that we will be in a big trading range for a long time but given that the past 2 weeks were one of the wildest and most erratic the stock markets have ever seen, it’s a tough guess. The lower bound is the bull trend line from the covid lows and the upper one from the ath. Does knowing the range 19000 - 22500 help you much with trading? Depends. Try to only go for fading the extremes or on very good momentum.
current market cycle: bear trend but very likely that we have seen the lows and have transitioned to a trading range
key levels: 19000 - 21500
bull case: Bulls created an island gap to 20300 and if they an keep that open, they can try to poke more at the bear trend line around 21500. So far their only arguments are that they prevent the market from closing below 19500 and above the bull trend line but they need daily closes above 20000. Thu + Fr they tried to make 20300 support but the closes were bearish enough that more bulls will likely wait for lower prices again. The middle of this range is 20350 and that was the most neutral price last week.
Invalidation is below 19000.
bear case: Bears had to take profits or they were gone very fast last week. Wild up and down with a neutral close into the weekend, maybe slightly more bullish than bearish. Bears are still in control until the bear trend lines are broken. Bears could technically see the last week as a two-legged pull-back to the daily 20ema and the 50% retracement of the current bear trend. Market turned down violently from there and that’s good for the bears. Now they need to close the bull gap down to 20000 and get a daily close below again, since the 3 days where market dropped below it, closed bullish.
Invalidation is above 21700.
short term: Neutral. Market is in balance at 21350. Bulls need a higher high above 21700 to end this bear trend and bears a daily close below 20000 to show acceptance at these low prices. My base case for next week is that the highs and lows will hold and we continue to contract under 21600 and above 19800.
medium-long term from 2024-03-16: Bear trend is ongoing but for now I still think 19500 and below is an amazing buy if you can hold for years. Things will have to turn really bad for this market to find acceptance below the bull trend line from the covid lows and right now this trade war is just front running. Markets were not priced for risk 3 weeks ago but this drop was too much too fast. My bearish targets for this year are met and with the current environment I will not call for lower prices than 19000. If the trade war turns real bad, yeah sure but for now it’s not.
current swing trade: Swing shorts above 21000 and swing longs below 19800.
chart update: Highlighted gaps and not much else
Bitcoin's Bounce, Your Weekly Scoop on the Bullish Surge !The market has unfolded as anticipated, aligning with our projections.
Short-Term Outlook: Expect a relatively narrow trading range this week due to the absence of major news catalysts.
Bullish Perspective: We maintain a bullish stance, targeting a price range of $88,000–$92,000.
Local Bottom Confirmation: Bitcoin appears to have established a local bottom. Notably, it diverged from Ethereum, which recorded lower lows, while Bitcoin resisted forming a new low.
Technical Analysis: Last week, Bitcoin respected a daily bullish order block, resulting in a strong upward move.
Key Support Level: This week, an inverse fair value gap (FVG) on the daily chart around $82,400 is expected to act as a liquidity zone and support, with price likely to tap this level and rebound higher.
Thank you for your support! Stay tuned for more insights and drop a Like if you loved it 🚀
Golden Cross means Golden Opportunity?Here's What You Need to Know About Moving Averages
One of the signs of the beginning of a bullish trend is the golden cross — a crossover between two moving averages. The shorter-period moving average (closer to the price) crosses above the longer-period moving average (farther from the price).
When this happens, it could be a signal to consider buying or opening a long position, especially if supported by candlestick confirmation. The target is usually set higher than the previous high.
Case Study: BINANCE:STEEMUSDT
The price began trading above the EMA 20 (white line) and EMA 50 (pink line), then the EMA 20 crossed above the EMA 50 — forming a golden cross.
But instead of entering immediately, you should wait for a price retracement back to the EMAs, allowing them to act as support (also known as dynamic support, since EMAs move with price).
In this case, a bullish engulfing candlestick pattern appeared right at the EMAs. The confirmation level is at 0.1303, which means the price needs to close above this level to validate the bounce from the EMAs. The invalidation level is below the bullish engulfing candle — at 0.1270.
Target prices:
Target I: 0.1570 – 0.1632
Target II: 0.1802 – 0.1887
You might be wondering: How do I choose which target to aim for?
Let me explain — the main target is 0.1802 – 0.1887 because it’s above the previous high (in a bullish trend, price tends to form higher highs).
Then why include 0.1570 – 0.1632? Even though we aim for the higher target, we still need to be cautious of potential resistance in that zone. Once the price hits that level, observe how it reacts.
If there’s a significant rejection or price drop, consider reducing your position to secure profits. But if the price keeps pushing up with strong momentum, let the profits run.
So in this case, 0.1570 – 0.1632 acts more like a level of awareness rather than a fixed take-profit target.
Let me know what you think about this post!
Would love to hear your thoughts and how I can support your trading journey with more technical insights or educational content like this. 🙌
GOLD(XAUUSD) -Weekly Forecast,Technical Analysis & Trading IdeasMidterm forecast:
2772.38 is a major support, while this level is not broken, the Midterm wave will be uptrend.
We will close our open trades, if the Midterm level 2772.38 is broken.
OANDA:XAUUSD TVC:GOLD
Technical analysis:
A peak is formed in daily chart at 3167.60 on 04/03/2025, so more losses to support(s) 3000.00, 2955.00, 2879.11 and minimum to Major Support (2772.38) is expected.
Take Profits:
2833.00
2879.11
2955.00
3000.00
3057.40
3100.00
3167.60
3200.00
__________________________________________________________________
❤️ If you find this helpful and want more FREE forecasts in TradingView,
. . . . . . . . Hit the 'BOOST' button 👍
. . . . . . . . . . . Drop some feedback in the comments below! (e.g., What did you find most useful? How can we improve?)
🙏 Your support is appreciated!
Now, it's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Have a successful week,
ForecastCity Support Team
XRP - Two Longs on the Horizon!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 Medium-Term: XRP broke below the $2 support zone last week, shifting the momentum from bullish to bearish.
📍 As it retests the lower bound of the channel — which perfectly intersects with the orange demand zone and the $1.5 round number — I’ll be looking for short-term longs.
🚀 For the bulls to take over in the long term and kick off the next bullish phase, a breakout above the red structure at $2.15 is needed.
Which scenario do you think will happen first — and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
CHFJPY: Intraday Bullish Signal?! 🇨🇭🇯🇵
It looks like CHFJPY has completed a local correctional movement
after a formation of a strong bullish wave.
I see a violation of a resistance line of a falling wedge pattern as a confirmation.
Next goal - 175.72
❤️Please, support my work with like, thank you!❤️
2025-04-10 - priceactiontds - daily update - nasdaqGood Evening and I hope you are well.
comment: Big bear trend line is holding up and market printed a lower high. I expect lower highs and higher lows for much more time. By now you should know that I don’t make up stuff about trading ranges and a triangle is a form of a trading range. You buy low, sell high and scalp. Mark the 30% of the upper and lower bound of the range, trend lines and trade if market turns. It’s not rocket science. It’s about you against you and not letting emotions mess up your trading success.
current market cycle: bear trend valid until bear trend line broken but trading range a bit more likely right now. At least on lower time frames.
key levels: 16000 - 20000
bull case: Bulls want to keep this higher low much higher than 17200 and are trying above the breakout price 18360. Tomorrow we will see if they can get a second leg up and retest 19000. I have no opinion on that and will wait what the market will give me. Shorting below 18800 is bad, no matter what. Is 18450 a good buy for the bulls? Far from it. Where would you put your stop? 17900? Risk of that getting hit is very high.
Invalidation is below 16400.
bear case: Bears did good at keeping this a lower high and casually selling down for 1469 points. In the grand scheme of things it’s around a 50% retracement of yesterday, so currently a “normal” move if you just look at this week. Markets are broken and someone bigger will fail soon. They always do. Swing shorts are ok at 18400 if you can add higher again. Risk of a retest 19000 is too big for a trade with a tight stop. If I had to guess, I think we will retest 17500 tomorrow and close somewhere around 18000.
short term: Neutral around 17900-18700 and only interested in fading the extremes in given range.
medium-long term - Update from 2024-03-16: My most bearish target for 2025 was 17500ish, given in my year-end special. W3 overshot it by 1000 points. Now my bearish bias is gone and I will wait how this unfolds. Big uncertainty for this year but I think this selling is overdone and big bois are buying with both hands below 17000.
trade of the day: Shorting yesterday’s high was the obvious trade of the day since market only made lower highs since Globex open. Tough day in any case because the swings are so wild that the risk is gigantic on any given trade. Not the best environment for beginners or people with small accounts. Trade small and be humble.
Bitcoin -Weekly, Daily, H4, H1 Forecasts, Trading IdeasMidterm forecast, Weekly Timeframe:
While the price is above the support 70550.04, resumption of uptrend is expected.
We make sure when the resistance at 91037.20 breaks.
If the support at 70550.04 is broken, the short-term forecast -resumption of uptrend- will be invalid.
BITSTAMP:BTCUSD MARKETSCOM:BITCOIN
Daily Timeframe:
A trough is formed in daily chart at 74545.70 on 04/09/2025, so more gains to resistance(s) 86499.57 and maximum to Major Resistance (91037.20) is expected.
Take Profits:
86499.57
91037.20
94505.46
98675.19
101430.12
105431.17
109932.89
115000.00
120000.00
125000.00
130000.00
140000.00
H4 Timeframe:
H1 Timeframe:
________________________________________________________________
❤️ If you find this helpful and want more FREE forecasts in TradingView,
. . . . . . . . Hit the 'BOOST' button 👍
. . . . . . . . . . . Drop some feedback in the comments below! (e.g., What did you find most useful? How can we improve?)
🙏 Your support is appreciated!
Now, it's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Have a successful week,
ForecastCity Support Team
SPY Analysis & Tariff TurmoilLast Friday, the market pressure was intense, and my bullish call option, targeting $537.64 on SPY, seemed overly ambitious as tariffs and political uncertainties peaked. I stated, " AMEX:SPY Trump went all in thinking he had the cards. We were getting sent back to the McKinley era," wondering when or if Trump would fold under international pressure and market realities.
Fast-forward to Wednesday, April 8—Trump didn't just blink; he folded utterly, reversing the harsh tariff policies he initially defended aggressively. Prompted by China's aggressively dumping of U.S. Treasuries and stark recession warnings from Goldman Sachs, BlackRock, and JPMorgan, Trump pivoted significantly:
• Base tariffs: 10%
• Tariffs on China: Increased to 125%
• Tariffs on U.S. goods entering China: Increased to 84% starting April 10
While temporarily bullish, these sudden, dramatic policy swings underline ongoing instability and volatility. However, with big bank earnings on deck this Friday, short-term momentum looks positive.
Technical Levels & Trade Ideas
Hourly Chart
The hourly chart reveals a critical zone—dubbed "Liberation Day Trapped Longs"—between $544.37 (H. Vol Sell Target 1b) and $560.54 (L. Vol ST 2b). Bulls trapped here from recent highs may now look to exit on a relief rally.
• Bullish Scenario:
• Entry: SPY reclaiming and holding above $544.37.
• Target 1: $560.54 (top of trapped longs)
• Target 2: $566.54 (next resistance area)
• Stop Loss: Below recent lows near $535 to limit downside.
• Bearish Scenario (if tariffs intensify again or earnings disappoint):
• Entry: Breakdown confirmation below $535.
• Target 1: $522.20 (Weeks Low Long)
• Target 2: $510.00, potential further support
• Stop Loss: Above $544.50 to manage risk effectively.
Daily Chart Perspective
The broader daily chart shows SPY stabilizing around key lower supports after significant volatility. Recent price action suggests cautious optimism for an upward bounce, but considerable headwinds remain if tariff escalations resume.
Final Thoughts
The rapid tariff reversals and heightened volatility are unsettling. The short-term bullish move offers potential quick upside trades into earnings, but caution remains paramount. You can continue managing risks prudently and watch closely for political or economic headlines that could quickly shift market sentiment again.
2025-04-09 - priceactiontds - daily update - daxGood Evening and I hope you are well.
comment: Cleanest breakout retest of the big bull trend line from 2024-08 one could ask for. I highly doubt bulls want to buy this above 21000 tomorrow but these moves are so unlikely that anything can happen. Only rough guesses from me here. I will only look for shorts.
current market cycle: trading range more likely than continuation of the bear trend
key levels: 19000 - 22000 yeah. no typo.
bull case: Bulls wettest dreams came true today but this week the market took those profits away quickly afterwards and right now I have no reason to believe that it’s more likely we will continue higher than down again. Ask yourself, if you are a bull and made 10%+ today, will you bet on making 15 or locking in those sweet profits?
Invalidation is below 21000.
bear case: Bear trend line is valid until broken and I doubt bears will let that happen. Too much uncertainty and risk for the markets right now. Bears need to quickly trade down below 21000 tomorrow and by then I think bulls will be in give up mode again. We could range some first but currently the markets are moved by tweets from orange face and they move 10%+ up and down. Wildest of times and you just have to take the momentum trades. Above 22000 I am absolutely wrong about this and market is completely neutral again. Best for bears would be to keep it below 21900.
Invalidation is above 22000.
short term: Neutral.
medium-long term from 2024-03-16: Will update this over the weekend. Bear targets are met. I can most likely see this going sideways for months or years now.
current swing trade: None
trade of the day: Not writing anything about this. You either got lucky having longs when the tweet came or not. Otherwise selling 20000 before US open was a decent trade.
EURUSD - Trade The Impulse!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈EURUSD has been bearish trading within the falling wedge pattern marked in red.
Currently, EURUSD is retesting the upper bound of the wedge.
Moreover, the $1.12 is a strong weekly supply zone.
🏹 Thus, the highlighted red circle is a strong area to look for sell setups as it is the intersection of the upper red trendline and supply.
📚 As per my trading style:
As #EURUSD is hovering around the red circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.