Cardano (ADA): Looking For Sell Entry Near ResistanceCardano has had some volatility drop into the coin where we had a lot of liquidation hunting going on lately but despite that, we have always seen some sort of respect for the resistance zone.
We are looking for a slight push here, where afterwards we will be looking for an MSB (market-structure break) on smaller timeframes, which could give us a good short trade!
Swallow Team
Crypto market
Litecoin (LTC): Possible Recovery of 30%Litecoin has recently done another liquidation movement where usually we have had a similar move of recovery.
That's what we are looking for: a recovery to upper zones where the first target is going to be the EMAs and the second one would be the upper resistance zone (the region around it).
Swallow Team
VIRTUAL/USDT: Key Breakout With Target at 0.6835After consolidating between 0.56-0.62 for several days, VIRTUAL is showing strong bullish momentum with a recent 1.03% gain. The current price of 0.6072 sits at a critical decision point with potential to test the upper resistance level at 0.6835.
Technical analysis shows increasing buying pressure with rising volume and strengthening RSI, suggesting continuation of the uptrend that began on the 14th. My strategy involves entering this long position at the current level with a clearly defined stop loss at 0.5820 to limit downside risk.
Profit target is set at 0.6835, providing a favorable risk-reward ratio of approximately 1:2.5. Key levels to watch include immediate resistance at 0.6200 and support at the recent low of 0.5820. This setup provides a calculated risk approach with significant upside potential as VIRTUAL appears to be gaining momentum.
LTCUSD INTRADAY oversold bounce back capped at 880,00Market Sentiment:
The prevailing trend for LTCUSD remains bearish, with the recent price action appearing to be an oversold bounce rather than a sustained recovery.
Key Levels:
Resistance: 880.00 (Previous consolidation zone)
Support Levels: 672.60 followed by 630.20 and 577.50
Potential Scenarios:
Bearish Continuation: If LTCUSD fails to break above 800.00 and faces rejection, it could resume its downtrend, targeting 672.60 initially, followed by 630.20 and 577.50 over the longer term.
Bullish Breakout: A confirmed breakout and daily close above 800.00 would shift the sentiment bullish, paving the way for a rally toward 933.00 and potentially 975.00.
Conclusion:
LTCUSD remains in a bearish structure unless a breakout above 800.00 is confirmed. Until then, price action suggests that any rally is likely to be a short-term relief within a broader downtrend.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
ETHUSD INTRADAY falling resistance retest at 1,724The ETH/USD pair is exhibiting a bearish sentiment, reinforced by the ongoing downtrend. The key trading level to watch is at 1,724, which represents the current intraday swing high and the falling resistance trendline level.
In the short term, an oversold rally from current levels, followed by a bearish rejection at the 1,724 resistance, could lead to a downside move targeting support at 1,409, with further potential declines to 1,350 and 1,265 over a longer timeframe.
On the other hand, a confirmed breakout above the 1,724 resistance level and a daily close above that mark would invalidate the bearish outlook. This scenario could pave the way for a continuation of the rally, aiming to retest the 1,840 resistance, with a potential extension to 1,926 levels.
Conclusion:
Currently, the ETH/USD sentiment remains bearish, with the 1,724 level acting as a pivotal resistance. Traders should watch for either a bearish rejection at this level or a breakout and daily close above it to determine the next directional move. Caution is advised until the price action confirms a clear break or rejection.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
BTCUSD INTRADAY Oversold bounce back capped at 88,000Recent price action in Bitcoin (BTCUSD) suggests an oversold bounce, with resistance capping gains at the 88,000 level. The continuation of selling pressure could extend the downside move, with key support levels at 80,850, followed by 77,500 and 74,420.
Alternatively, a confirmed breakout above 88,000, accompanied by a daily close higher, would invalidate the bearish outlook. In this scenario, Bitcoin could target 90,540, with further resistance at 91,890.
Conclusion:
The price remains below pivotal level, with 88,000 acting as a key resistance. Failure to break above this level could reinforce downside risks, while a breakout could shift momentum back in favour of bulls. Traders should watch for confirmation signals before positioning for the next move.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
COCORO. Do Only Good Everyday.Cocoro price is hold above moving average and if you use the basic strategy through Fibonacci retracement - now is an excellent entry point with 400% potential gain.
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Bitcoin, Gold, S&P 500 and InflationBitcoin, Gold, S&P 500 and Inflation
This is a 3 year view (2022 - 2025 to date), 1 week comparison chart of Bitcoin, Gold, S&P 500 and US cumulative rate of inflation. The most interesting part of this analysis to me is that the S&P 500 bounced off the cumulative rate of inflation slope. I did not know that until after I set up the comparison.
Gold = +80%
BTCUSD = +50%
S&P 500 = +19%
US cumulative rate of inflation:
2022 = +6.5%
2023 = +3.4%
2024 = +2.9%
3 yr = +10.8%
2025 = +2.4% forecast
Early Bullish Signals for Bitcoin Emerge: What’s Next?Bitcoin has now broken above its downtrend channel, likely signaling the first bullish shift in trend. So far, tariffs haven’t fully impacted economic data aside from inflation expectations, consumer sentiment, and PMIs. The more tangible effects are likely to start appearing in June. With the bulk of tariffs (excluding those on China) postponed for three months, the next 1.5 months may offer a window for crypto to stage a positive reaction.
Still, it’s too early to celebrate the start of a full bull market. The ongoing tariff situation continues to keep markets on edge, and sentiment could shift quickly even with a single post from Trump.
Technically, breaking out of the trend channel and holding above it is a strong bullish signal. A move above 86K could further boost bullish momentum. Additionally, support from the 20-EMA and 200-SMA is holding, increasing the chances of a sustained breakout.
For now, unless there's a surprise reversal, any dips or a clean break of 86K could present buying opportunities. If BTC follows through on this move, bullish traders should monitor the 91K area closely, as it may act as key resistance ahead of next stage.
Please also check the daily chart too:
ETH/USD 1H PAIREthereum has formed a rising wedge or ascending triangle pattern, typically a bearish formation when it appears after an uptrend. After testing the horizontal resistance zone (~$1,685) multiple times, price action failed to break out and instead broke below the ascending trendline support, confirming a bearish reversal.
Breakdown Confirmation:
Price broke down from the key structure and also fell below the consolidation range (orange box).
The breakdown was accompanied by increased momentum, suggesting strong seller pressure
Short-Term Bearish Outlook:
1st Target: $1,580
Previous consolidation and minor support level.
Short-term take-profit zone for intraday or swing positions
Expect minor bounce or hesitation here.
2nd Target: $1,480
Full measured move target based on triangle height.
Strong historical support and Fibonacci confluence zone.
Ideal for full profit booking or watching for a potential reversal.
DEGOUSDT UPDATEDEGO/USDT Technical Setup
Pattern: Falling Wedge Breakout
Current Price: $1.808
Target Price: $3.70
Target % Gain: 115.05%
Technical Analysis: DEGO broke out of a falling wedge on the 1D chart, showing bullish momentum with a clean candle close above resistance and follow-through volume. Chart suggests potential continuation toward the measured target.
Time Frame: 1D
Risk Management Tip: Always use proper risk management.
BTC made a bottom at 200MA on 2D. What's next?So far, everything is in line with the fractal I shared earlier, and this was the bottom.
The first stop was around the 50MA on 2D, and the next target, before a major correction, was the 0.618 level. If that's the case, we could test 88-90k by the end of April and then move towards 96k.
If the price fails to break through the 50MA relatively easily, as it did earlier, then we will be talking about a different scenario.
P.S. Timing could be off, but that doesn't really matter to me.
falling wedge on thor mid/short term. Open longs now guysA wedge pattern can signal either bullish or bearish price reversals. In either case, this pattern holds three common characteristics: first, the converging trend lines; second, a pattern of declining volume as the price progresses through the pattern; third, a breakout from one of the trend lines. The two forms of the wedge pattern are a rising wedge (which signals a bearish reversal) and a falling wedge (which signals a bullish reversal). In this casw we have a falling wedge. RSI looks good aswell. use MAs for short sell targets, green trend lines represent support/resistance levels... anyways more on the falling wedge and some stats (we wont talk about the 20% staking rewards rn but keep yield in mind for this trade...)
Falling Wedge
When a security's or cryptos price has been falling over time, a wedge pattern can occur just as the trend makes its final downward move. The trend lines drawn above the highs and below the lows on the price chart pattern can converge as the price slide loses momentum and buyers step in to slow the rate of decline. Before the lines converge, the price may breakout above the upper trend line.
A falling wedge pattern is seen as a bullish signal as it reflects that a sliding price is starting to lose momentum and that buyers are starting to move in to slow down the fall
stats:
Falling wedge statistics
- In 82% of cases, the exit is bullish.
- In 55% of cases, a falling wedge is a reversal pattern.
- In 63% of cases, the pattern’s price objective is achieved when the resistance line is broken.
- In 53% of cases, the price makes a support pullback on the falling wedge’s resistance line.
- In 27% of cases, false breaks (false exits) appear.
Notes on falling wedges
- The contact points on the falling lines must be significant because otherwise it might be a flag.
- The steeper the falling wedge’s trend lines (falling strongly), the more severe the upward movement is at the breakout (exit from the chart pattern).
- False breaks (or false exits) give an indication of the direction of exit. If a false bullish break occurs, the exit will be downwards in only 3% of cases. Exploiting a false bullish break is therefore statistically low risk.
- Retracements are generally twice as fast as the falling wedge was in its formation
- Pullbacks are detrimental to the pattern’s performance.
- The break out point (exit) generally occurs at 60% of the length of the falling wedge.
- Very wide falling wedges give better performance than narrow falling wedges.
For your information: A falling wedge is a reversal chart pattern. Its opposite is a rising wedge.
Gold Market Mitigates 3230's, Wedges Toward Bullish Build-UpStill riding on the prior sentiment, Gold market successfully mitigates subsiding supply around the 3230's. With bullish pressure building, price action now prompts a wedge formation—targeting key demand zones to fuel a substantial bullish continuation. follow for more insight , comment and boost idea
ETHUSD 1H chart pattrenMY buy position on ETH/USD at 1,670 with targets at 1,760 and 1,850 looks promising. Let's dive into some key factors to consider:
Technical Indicators
1. RSI (Relative Strength Index): Check if ETH is oversold or overbought. An RSI below 30 might indicate a buying opportunity, while above 70 could suggest it's overbought.
2. MACD (Moving Average Convergence Divergence): A
bullish crossover (MACD line crossing above the signal line) could support your buy position.
3. Support/Resistance Levels: Identify key support levels
around 1,670. If there's strong support, it could bounce back up. Resistance levels near 1,760 and 1,850 might pose challenges.
Market Sentiment
1. News and Trends: Keep an eye on crypto market
news, regulatory announcements, and technological developments that could impact ETH's price.
2. Broader Market Conditions: The overall crypto market
sentiment can influence ETH's price. A bullish trend in Bitcoin often lifts other cryptocurrencies.
Risk Management
1. Stop-Loss Orders: Set a stop-loss below a significant
support level to limit potential losses. This could be around 1,600 or lower, depending on the current support levels.
2. Position Sizing: Ensure you're not risking more than
you can afford to lose on this trade. Consider your overall portfolio and risk tolerance.
3. Diversification: Make sure your portfolio is diversified to mitigate risks associated with crypto volatility.
Additional Considerations
1. Volume: Check the trading volume. Higher volume can validate the strength of the price movement.
2. Trend Lines: Identify any trend lines that might
3.
influence the price. A break above a downward trend line could signal a reversal.
Next Steps
Analyze Charts: Take a closer look at the ETH/USD charts on different time frames (1-hour, 4-hour, daily) to identify patterns and key levels.
Stay Updated: Keep up with market news and technical analysis to adjust your strategy as needed.
Review Risk Management: Regularly review your stop-loss and take-profit levels based on market conditions.
Would you like to explore specific technical indicators or discuss potential scenarios based on market news?