Wave Analysis
ETC USDT#Ethereum Classic ( BME:ETC ) Bullish Reversal from Fibonacci Zone 🚀
Ethereum Classic (ETC/USDT) is currently trading at $20.06, forming a falling wedge pattern, which is historically a bullish reversal signal. The price has reached the Fibonacci golden zone (0.786 level), which often acts as a strong support level for trend reversals.
If the reversal holds, the next upside targets are:
🎯 Target Levels:
T: $48.00 🔥
GBPUSD .. further rise expected, if holds.#GBPUSD.. it was a perfect move as per our analysis and now again market just make a immediate supporting region and staying above 1.2580
That's menas market have another push to upside so stay sharp and don't hold your short positions above that region.
Good luck
Trade wisley
Idea No. 2 for the spotEthereum, in general, the formation of movements is not directly obvious, but still
The second cryptocurrency in history, consensus POS, a huge number of developers and projects are built on the Ethereum blockchain.
What about tokenomics ? Due to the shift to POS, more coins are being burned than created. So now coins are in circulation at the same level as during ATH. Deflationary model plus to the aura for the long term.
Also seeing accumulation by big capital, especially Trump's company.
On the downside, except for the recent hack of the exchange and the theft of coins worth a yard and a half of greenbacks, but of course it is unlikely that they will be able to sell it all at once and quickly. That's why I'm placing a stop at the $2,000 level.
Consider your risks.
DYOR
BTC/USD Short Trade Setup Analysis (1D Timeframe - Bitstamp)📍Currently, Bitcoin is showing signs of a potential rebound, but technicals suggest we are not yet at a confirmed reversal. We can see how BTC has recently broken below the ascending channel hitting a low of $78,000 which was very close to out $75,000 target. While it is possible for a sharp rejection up and beyond previous highs, it is unlikely. We anticipate that Bitcoin is testing the broken channel as resistance before falling lower towards our $75,000 target over a period of months (potentially 6 months) consolidating in an tighter range until a direction is determined.
This latest move upwards by Bitcoin and the trailing market is the result of the Trumps crypto reserve statement. The market seen a surge after his remarks, but this will be short lived because nothing has actually changed:
Size of the Reserve:
No official size has been confirmed, but proposals vary. Senator Cynthia Lummis suggests acquiring 1 million Bitcoins over 20 years (about 5% of total supply). Trump’s March 2, 2025, announcement named Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA) for inclusion but didn’t specify amounts. The government currently holds ~200,000 Bitcoins (worth ~$18–21 billion) from law enforcement seizures, which could form the basis of the reserve.
Timeline for Filling the Reserve:
Lummis’ proposal outlines a 20-year timeline to acquire 1 million Bitcoins (200,000 per year). Trump’s January 2025 executive order tasked a working group with evaluating the reserve within 180 days (by July 2025), but no specific timeline for filling it was provided. Posts on X speculate on faster timelines, but these lack official confirmation and are inconclusive.
Is It Actually Going to Happen?
The proposal is still exploratory, not finalized. Trump’s executive order and March 2 announcement show intent, but congressional approval is likely needed for major purchases or funding beyond seized assets. Experts like Nic Carter (via web sources) doubt a “true” reserve will pass Congress due to economic and political opposition. Posts on X show mixed sentiment—some bullish, others skeptical—but no definitive action has occurred.
Can Trump Make This Happen Unilaterally?
No, Trump cannot create or fund a large-scale reserve alone. The executive order allows evaluating and potentially using seized assets (~200,000 Bitcoins), but expanding it (e.g., to 1 million Bitcoins) requires congressional legislation and funding. Some argue the Treasury’s Exchange Stabilization Fund could be used, but legal experts and posts on X suggest significant hurdles remain, including Federal Reserve and congressional oversight.
This push in price is driven by hype, fomo and retail traders not understanding the market.
Current Outlook:
Risk/Reward = 1:12.5
📉 Bearish Scenario (Anticipated outcome)
- ❌ Invalidation Level: Above $100,000
- 🔻 Downside Targets:
Bitcoin appears to be testing the recent break of the parallel channel. We expect to see Bitcoin fall to test previous structure high, which lines up with the 61.8% fib at $75,000.
✅ Justification:
- Bitcoin remains in a long-term bullish trend, however given the recent break below the parallel channel, we are currently still bearish whilst it remains below $100,000.
- Bitcoin / the market have seen strong bullish moves since Trump became president, with "positive" news coming frequently. However, upon deeper inspection, this positive news lacks sustenance, and will likely be deflationary over the coming weeks and months as traders begin to realise that nothing has changed.
⚡ Key Takeaways:
- 🔹 Bitcoin has broken the parallel channel to the downside, hinting at a potential further drop.
- 🔹 The recent break of the channel is usually followed by a test of broken support, to be confirmed as resistance before falling lower. We believe this is what we are seeing now.
- 🔹 Bitcoin still remains in a long-term bullish direction, so we will take shorts when appropriate, with tight stops at invalidation levels mentioned above.
- 🔹 Expect price to fall from here, down towards $75,000 over the next few weeks / potentially months of consolidation.
Bullish invalidation:
- 🔹 If Bitcoin breaks above $100,000 we can consider a long, targeting $110,000. With a stop placed below the lower support of the ascending channel. We must wait for candle closes before entering.
❗Fundamental Outlook:❗
📍The recent macroeconomic environment, including U.S. monetary policy shifts and global adoption of Bitcoin, has significant implications for its price.
❗1. U.S. Monetary Policy and Inflation Concerns
The Federal Reserve’s cautious stance on interest rates in early 2025, coupled with persistent inflation fears, has driven investor interest in Bitcoin as a hedge against fiat currency devaluation. Lower interest rates or quantitative easing could further bolster Bitcoin’s appeal as a store of value.
❗2. Institutional Adoption and ETF Inflows
Major financial institutions and Bitcoin ETFs have seen record inflows in 2025, with companies like BlackRock and Fidelity increasing their exposure. This institutional buying pressure supports a bullish outlook for Bitcoin, as it signals growing acceptance of cryptocurrencies in traditional finance.
❗3. Geopolitical Uncertainty
Ongoing geopolitical tensions, such as U.S.-China trade disputes and regional conflicts, have increased demand for decentralized assets like Bitcoin, which are seen as immune to government interference or currency controls.
❗4. Halving and Supply Dynamics
Although the most recent Bitcoin halving occurred in 2024, its effects on reducing new supply continue to tighten market dynamics, potentially driving prices higher as demand outpaces supply growth.
Fundamental Analysis Conclusion
📍Macroeconomic uncertainty, institutional adoption, and Bitcoin’s supply dynamics create a bullish environment for its price.
📍Geopolitical risks and inflationary pressures reinforce Bitcoin’s role as a digital store of value, supporting upward price movement.
📍Growing ETF inflows and institutional interest suggest sustained buying pressure in the near term.
Outlook: Mixed signals for Bitcoin direction
📈Given the combination of macroeconomic tailwinds, institutional adoption, and Bitcoin’s unique supply characteristics, the fundamentals point toward continued strength in Bitcoin prices. However, many of these fundamentals on the surface appear to point towards the bulls, but we must be cautious of trading what you hear, vs what you see. Technically, bitcoin is bearish in the shorter term, unless it breaks back above $100,000.
Analysis of Bajaj Finance Ltd (NSE) – Weekly ChartTechnical Summary:
Elliott Wave Structure:
The chart suggests an ongoing impulse wave (Wave 3 in green) after completing Wave 2 correction.
Future projections indicate the completion of Wave 5 around 15,543 as a 1.618 Fibonacci extension.
Support & Resistance Levels:
Strong Support:
5,718.60 (highlighted in green) – a crucial support area.
5,292.75 (Fibonacci 38.2% retracement) – historical support level.
Resistance:
8,739 (current high) – breaking above this could confirm a bullish continuation.
15,543 (Wave 5 target) – major long-term price target.
RSI Analysis:
RSI at 70.56, near overbought territory.
RSI-based moving average at 59.41, indicating strong momentum.
Key Observations & Potential Risks:
✅ Bullish Scenario:
If price sustains above 8,739, the next major move could lead towards 15,543.
Strong wave structure confirms long-term bullish potential.
❌ Bearish Risk:
If price fails to hold above 8,739, a correction toward 5,718 – 5,292 levels is possible.
RSI in overbought territory suggests a potential short-term pullback before further upward movement.
Recommendations & Strategy:
Monitor breakout confirmation above 8,739 for further upside.
Be cautious of a short-term pullback, especially if RSI starts declining.
Long-term investors can hold positions, while traders may wait for a retracement entry near 7,500 – 6,500.
CDSLTechnical Summary:
Trend Channel & Current Price Position:
The price is moving within an upward-sloping channel.
Currently, it is testing the lower trendline support, which is critical for further movement.
Fibonacci Retracement Levels:
0.382 level at 1,196.30 – a common retracement support.
0.5 level at 1,252.15 – another key retracement zone.
1.618 extension at 1,659.35 – potential upside target.
Key Support & Resistance Levels:
Support Levels:
1,252.15 (Fibonacci 50% retracement)
1,196.30 (Fibonacci 38.2% retracement)
Resistance Levels:
1,989.80 (previous high)
2,271.20 (extension target)
RSI Analysis:
RSI is at 36.70, nearing oversold territory.
The RSI moving average is at 51.74, confirming weakened momentum.
Market Trend & Risk:
If the price holds above 1,196 – 1,252, an upward move is possible.
A breakdown below this range may lead to further declines towards lower support (600-442.00).
Suggestions & Possible Corrections:
✅ Bullish Case: If 1,196 – 1,252 support holds, the price may attempt a reversal toward 1,659 – 1,989.
❌ Bearish Risk: If it breaks below 1,196, expect further downside toward 600–442 levels.
🔹 Final Recommendation:
Monitor price action near 1,252 – 1,196 levels for a reversal signal.
Wait for RSI confirmation (above 40) before entering long trades.
Avoid longs if the price breaks below 1,196.
CCL Products (I) Ltd. (NSE) – Weekly ChartTechnical Summary:
Elliott Wave Structure:
The stock is currently in Wave 4 correction after completing Wave 3.
A Wave 5 uptrend is expected once the correction is complete.
Fibonacci Retracement:
0.5 level (~533.25) and 0.382 level (~605.00) are key retracement zones.
The price is near the 514.65 support, a critical zone for a reversal.
RSI Analysis:
RSI is at 36.41, indicating oversold conditions.
RSI moving average is at 47.50, suggesting weak momentum but potential for reversal.
Support & Resistance Levels:
Immediate Support: 514.65
Next Support: 347.30 and 227.38 (in case of further breakdown).
Resistance Levels: 605.00 and previous high of 855.00.
Suggestions & Possible Corrections:
✅ Bullish Case: If the price holds above 514.65, a potential Wave 5 rally could take the stock toward 800+ levels.
❌ Bearish Risk: If 514.65 breaks, the next strong support lies around 347.30.
Final Recommendation:
Monitor price action near 514.65; if it holds, a bullish move can be expected.
Wait for RSI to cross 50 for confirmation of trend reversal.
If price breaks below support, avoid long positions until a new base forms.
Idea No. 1 for the spotNear protocol, the price has been rising for 186 days and already 327 days in a sideways correction. The correction phase is in the form of ABC waves, but it is very tedious.
If we consider the Elliott waves, there is nothing except the first and the current second, we can suggest the third one, but then we are waiting for a bull of incredible size.
What at the moment gives us the idea to buy?
- touching the support zone
- RSI is almost oversold.
- A future possible bullish MACD crossover.
- ADX is about to show a trend, but the decline has already happened.
What about the fundamentals ?
Basically strong asset, in top 30.
MС 4.44B, good volume and liquidity.
It is clear that when the asset was 20$, tokens were 2 times less and capitalization was 12B, but 3 years passed and volumes increased everywhere, liquidity became more, cellular ETF and retail funds broke into our chat + in addition the US president launched his meme.
So seeing a $15 price with MС 18B in the next quarter or two is not hard to see. If we talk about ATN update, it's a breakdown of MС 25B and a shift to about 9th place of the top, this is quite realistic, but still more likely there will be an extensive liquidity inflow into other projects as well.
Consider your risks
DYOR
Translated with DeepL.com (free version)
JSL-promoters are showing lot of confidence !This chart represents the weekly price action of Jindal Stainless Ltd. (NSE) with an Elliott Wave analysis and Fibonacci retracement levels. Here's a summary of the key observations:
Technical Analysis Summary:
Elliott Wave Structure:
The stock appears to be in a corrective Wave 4 after completing an impulsive Wave 3.
A potential Wave 5 uptrend is anticipated, as per the Elliott Wave structure.
Fibonacci Retracement Levels:
The price has retraced close to the 0.5 Fibonacci level (465.85), which is a strong support zone.
The 0.382 level (553.40) is also a critical resistance, which the price is testing.
RSI Analysis (Relative Strength Index):
RSI is at 40.26, indicating that the stock is approaching the oversold region.
The RSI moving average (44.12) is slightly above the RSI value, suggesting weak momentum.
Support & Resistance:
Support levels: ~465.85 and ~549.90.
Resistance levels: Previous high near 848.00.
Possible Future Movement:
If Wave 4 completes, a bullish reversal for Wave 5 could take the stock higher.
A further breakdown below 465.85 might invalidate the bullish scenario.
Conclusion:
The stock is in a correction phase, but signs of reversal are emerging.
Watch for price action near the 549.90 support zone and RSI movement above 50 for confirmation of bullish momentum.
If bullish Wave 5 starts, the stock may target new highs.
EURUSD High Possible Bullish Trend!As we can see, on Friday, the market moved downward to grab more liquidity due to the reversal. Based on this, I identify a bullish trend and will be waiting for a buy opportunity to follow the market.
⚠️ Disclaimer: This is not financial advice. I do not recommend following my analysis—always do your own research. This is just to provide some insights.
US500 Will Go Up! Buy!
Take a look at our analysis for US500.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 5,973.19.
Taking into consideration the structure & trend analysis, I believe that the market will reach 6,138.47 level soon.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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SILVER Will Move Higher! Long!
Please, check our technical outlook for SILVER.
Time Frame: 9h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 31.462.
Considering the today's price action, probabilities will be high to see a movement to 32.363.
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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AUDUSD Is Bullish! Buy!
Here is our detailed technical review for AUDUSD.
Time Frame: 9h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 0.622.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 0.632 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Like and subscribe and comment my ideas if you enjoy them!
GBPJPY Is Very Bearish! Short!
Take a look at our analysis for GBPJPY.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 190.747.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 186.982 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
Like and subscribe and comment my ideas if you enjoy them!
Today on Gold: XAUUSDMarket Structure & Bias:
The chart shows a clear downtrend with lower highs and lower lows.
Price recently retested a previous support zone and bounced back slightly.
The Sell Zone around 2893 – 2909 has been marked as a key area of interest for potential short positions.
Possible Scenarios
1️⃣ Bearish Bias Primary Setup
Price pushes into the Sell Zone 2893 – 2909 and forms a rejection
A strong bearish candle or break of lower timeframe structure confirms the sell setup
Entry In the Sell Zone after confirmation
Target 2812
Stop Loss Above 2909 to avoid liquidity grabs
2️⃣ Bullish Scenario Less Likely
If price breaks above the Sell Zone and holds above 2909 we could see a shift in market structure
In this case price may target 2919 – 2942 previous supply area
Conclusion
🔴 Bearish bias remains dominant unless price breaks and holds above 2909
🔴 Ideal trade setup Wait for rejection in the Sell Zone for a short position targeting 2812
🔴 If price fails to reach the Sell Zone and starts breaking below 2871 a continuation downward could begin early
📌 Stay patient wait for confirmations before entering trades 🚀
AFC Energy PLC - high risk with high reward (?)This chart doesn´t look very appealing because of the high volatility and the very deep retracement are not exactly a sign of strength. However, if this company can turn things around the reward is extremely good.
I would advice to only invest a small fraction of you portfolio in this stock!
$SMCI: Super Micro Computer – AI Server Surge or a Pit Stop?
NASDAQ:SMCI : Super Micro Computer – AI Server Surge or a Pit Stop?
AI infrastructure’s hotter than a July barbecue, with revenue up 110% to $14,989.2 million in 2024! But with internal control concerns, is this tech beast charging up or taking a breather? Let’s dive in!
(1/9)
Good morning, everyone! ☀️ NASDAQ:SMCI : Super Micro Computer – AI Server Surge or a Pit Stop?
AI infrastructure’s hotter than a July barbecue, with revenue up 110% to $14,989.2 million in 2024! But with internal control concerns, is this tech beast charging up or taking a breather? Let’s dive in! 🔍
(2/9) – PRICE PERFORMANCE 📊
• Fiscal 2024: Net sales soared 110.4% to $14,989.2 million 💰
• Server Systems: Up 115.9%, GPU servers leading the charge 📏
• Sector Trend: AI demand’s skyrocketing 🌟
It’s a wild ride, fueled by AI’s hunger! ⚙️
(3/9) – MARKET POSITION 📈
• Market Cap: $2.4B, based on shares outstanding 🏆
• Holdings: Servers, storage, and AI solutions ⏰
• Trend: International sales steady at 32%, showing global appetite 🎯
Firm, carving a niche in AI infrastructure! 🚀
(4/9) – KEY DEVELOPMENTS 🔑
• 10-K Filing: Dropped Feb 25, 20
25, dodged NASDAQ delisting 🔄
• Revenue Driver: GPU servers for AI workloads 🌍
• Market Reaction: Shares jumped 19.8% after-hours 📋
Adapting, with investors cheering the comeback! 💡
(5/9) – RISKS IN FOCUS ⚡
• Internal Controls: Audit flagged issues, per Feb 25 filing 🔍
• Competition: Big players in AI server space 📉
• Volatility: High-growth sectors swing hard ❄️
Tough, but risks loom! 🛑
(6/9) – SWOT: STRENGTHS 💪
• Revenue Boom: 110% growth, $14,989.2 million in sales 🥇
• AI Focus: GPU servers crushing it 📊
• Global Reach: 32% international sales 🔧
Got rocket fuel in the tank! 🏦
(7/9) – SWOT: WEAKNESSES & OPPORTUNITIES ⚖️
• Weaknesses: Internal control concerns, per audit 📉
• Opportunities: AI infrastructure demand keeps soaring 📈
Can it fix the cracks and ride the wave? 🤔
(8/9) – 📢 SMCI’s revenue up 110%, with AI demand exploding, your take? 🗳️
• Bullish: Shares to $50+ soon, AI’s unstoppable 🐂
• Neutral: Steady, risks balance growth ⚖️
• Bearish: $35 looms, controls spook 🐻
Chime in below! 👇
(9/9) – FINAL TAKEAWAY 🎯
SMCI’s revenue surge to $14,989.2 million screams AI potential 📈, but control issues add a pinch of caution 🌿. Volatility’s our friend—dips are DCA gold 💰. Grab ‘em low, climb like pros! Gem or bust?
Market overview
WHAT HAPPENED?
At the beginning of last week, we broke through the global sideways trend in the downward direction, the minimum for the decline was around $78,300.
On Sunday, March 2, US President Donald Trump officially announced the creation of a strategic reserve of cryptocurrencies, and also announced that the first summit on cryptocurrencies will be held on March 7 at the White House. All this provoked explosive growth, and the locally bearish scenario abruptly became irrelevant.
At the moment, we’ve broken through several sell zones formed during the decline of bitcoin during the week. After testing the $95,000-$96,700 zone (accumulated volumes), they went into correction.
WHAT WILL HAPPEN: OR NOT?
The key volume zone is $91,600-$88,900. If we consolidate above this zone and break the local maximum of $95,000, we’ll continue the upward movement. Otherwise, a return to lower levels is likely, and then it will take longer to recover.
The downtrend has been broken, and even with the most negative scenario and a decline to a local minimum, we expect the resumption of buys through the test of buyer zones.
Sell Zones:
$107,000–$109,000 (volume anomalies).
$97,500–$98,400 (aggressive pushing volumes).
$95,000–$96,700 (accumulated volumes).
Buy Zones:
$91,600–$88,900 (mirror volume zone, aggressive pushing volumes).
$85,000–$83,700 (volume anomalies).
$82,400–$79,600 (volume anomalies).
$77,000–$73,000 (volume anomalies, aggressive pushing volumes).
IMPORTANT DATES
Macroeconomic events worth keeping an eye on this week:
• Monday, March 3, 10:00 (UTC) — publication of the consumer price index in the Eurozone for February;
• Monday, March 3, 14:45 (UTC) — publication of the index of business activity in the US manufacturing sector for February;
• Wednesday, March 5, 13:15 (UTC) — publication of changes in the number of people employed in the US non-agricultural sector for February from ADP;
• Wednesday, March 5, 14:45 (UTC) - publication of the business activity index (PMI) in the US services sector for February;
• Wednesday, March 5, 15:00 (UTC) — publication of the US non—manufacturing purchasing managers' Index for February from ISM;
• Thursday, March 6, 13:15 (UTC) - announcement of the deposit rate in the Eurozone for March, as well as interest rate decisions in the Eurozone;
• Thursday, March 6, 13:30 (UTC) — publication of the number of initial applications for unemployment benefits in the United States;
• Thursday, March 6, 13:45 (UTC) — press conference of the European Central Bank;
• Friday, March 7, 13:30 (UTC) — publication of the average hourly wage, unemployment rate and changes in the number of people employed in the US non-agricultural sector for February;
• Friday, March 7, 16:00 (UTC) — publication of the Fed's monetary policy report;
• Friday, March 7, 17:30 (UTC) — speech by Fed Chairman Jerome Powell. Also on this day, the first cryptosammit was announced at the White House.
*This post is not a financial recommendation. Make decisions based on your own experience.
#analytics
Golden Pocket Holds – $OM Primed for a Move?If you’re not watching BINANCE:OMUSDT Fibonacci retracement zones, you’re flying blind.
Price respected the golden pocket perfectly on the last pullback.
That’s algorithmic buying, not retail noise.
Combine that with a bullish divergence on MACD — things are lining up.
GOLD BULLS ARE STRONG HERE|LONG
Hello, Friends!
GOLD pair is in the downtrend because previous week’s candle is red, while the price is clearly falling on the 12H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 2,951.561 because the pair oversold due to its proximity to the lower BB band and a bullish correction is likely.
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