Trading
Ethereum (eth) Long entry setup supply and demand + ote 📊 Precise Setup for a Long Entry on ETH/USD
💡 Why this trade?
🔹 Strong demand zone detected (S&D)
🔹 Optimal Trade Entry (OTE) confirmed by the 62%-79% Fibonacci retracement
🔹 Bullish breakout + strong reaction at a key order block
🎯 ETH/USD Trade Plan
✅ Optimal entry point (OTE) 📍: Waiting for a fresh bullish demand zone on H1 or M15
✅ Key demand zone (S&D) 🛑: $3,060.00
🔥 ETH is setting up for a strong move! This Supply & Demand + OTE strategy offers a high-probability trade with an excellent risk-to-reward ratio.
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#Ethereum #Crypto #Trading #ETH #SupplyAndDemand #OTE #SmartMoney #DayTrading #SwingTrading #CryptoSignals #TechnicalAnalysis
USDJPY Is Bearish! Sell!
Here is our detailed technical review for USDJPY.
Time Frame: 1h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 155.154.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 154.683 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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USOIL BEST PLACE TO SELL FROM|SHORT
Hello, Friends!
Previous week’s green candle means that for us the USOIL pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 71.64.
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GBP/CAD BEARS ARE STRONG HERE|SHORT
Hello, Friends!
GBP-CAD uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 1.773 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the GBP/CAD pair.
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USOIL What Next? BUY!
My dear subscribers,
This is my opinion on the USOIL next move:
The instrument tests an important psychological level 73.75
Bias -Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 76.36
My Stop Loss - 72.34
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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WISH YOU ALL LUCK
EURJPY My Opinion! BUY!
My dear friends,
Please, find my technical outlook for EURJPY below:
The price is coiling around a solid key level - 160.70
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 161.63
Safe Stop Loss - 160.13
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
"February Momentum: Is Bitcoin Set to Soar Again?"Geopolitical Tailwinds
Trump’s tariffs accelerate dedollarization. Bitcoin’s neutrality and censorship resistance make it the ultimate geopolitical hedge. Retaliatory measures will destabilize fiat corridors, forcing institutions to rebalance into BTC.
February Seasonality
Historical 15.6% average
FBullish Bias: Bitcoin remains historically strong in February and institutions continue to accumulate.
SPY Move Down Ahead! Sell!
Hello,Traders!
SPY is trading in an uptrend
So we are bullish biased
Long-term, however the index
Has hit a horizontal resistance
Level of 610.93$ and we are
Already seeing a local bearish
Pullback from the level
So we will be expecting
A further local move down
Sell!
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Check out other forecasts below too!
WTI - Weekly forecast, Technical Analysis & Trading IdeasMidterm forecast:
While the price is above the support 64.000, resumption of uptrend is expected.
We make sure when the resistance at 80.100 breaks.
If the support at 64.000 is broken, the short-term forecast -resumption of uptrend- will be invalid.
Technical analysis:
A trough is formed in daily chart at 66.510 on 11/18/2024, so more gains to resistance(s) 75.446, 77.920 and maximum to Major Resistance (80.100) is expected.
Take Profits:
75.446
77.920
80.100
83.961
87.000
93.882
100.802
109.192
126.350
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AUDNZD Technical Analysis! BUY!
My dear subscribers,
AUDNZD looks like it will make a good move, and here are the details:
The market is trading on 1.1016 pivot level.
Bias -Bullish
My Stop Loss - 1.1002
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.1042
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
BTCUSD Expected Growth! BUY!
My dear friends,
BTCUSD looks like it will make a good move, and here are the details:
The market is trading on 10209 pivot level.
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 10351
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
EURUSD On The Rise! BUY!
My dear friends,
EURUSD looks like it will make a good move, and here are the details:
The market is trading on 1.0356 pivot level.
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 1.0386
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK