Downtrend Confirmed: The price has been in a strong downtrend since early March 2025. Lower Highs & Lower Lows: Classic pattern of a downtrend is visible. Wide Bandwidth: Bands widened significantly during the sell-off in early April, indicating high volatility. Support Zone Near 38,000: Recent candles show buying interest around the 38,000 level with long wicks and bullish follow-through. Bearish Gap Down Area: Large red candles and gapping indicate panic selling and potential resistance near the 41,000–42,000 zone. Rejection at the moving average or mid-Bollinger band could lead to another sell-off toward 38,000 or even 36,500. Failure to hold above recent lows may confirm continuation of the downtrend.
The growth face starts now. Look at it this way, ZILUSDT produced a low in September 2023, less than a year old and this led to a bullish wave. Then in August 2024 there was another major low, 11 months old and this too led to a bullish wave. We are now in April 2025 and last week ZILUSDT produced another low, this time 8 months old and this one will not lead to a bullish wave. This major low, a new All-Time Low, signals the start of the 2025 bull market. Maximum growth starting today. A full bullish cycle can take months to develop and sometimes years. That is to say that the market can take its time to grow. At first, we will see some big green candles followed by some retraces that end in a higher low. After 1-2 months, there will be a strong advance and then a correction of medium size, followed by additional growth. The correction that started in early December 2024 is already over. After a correction, what follows is a bullish impulse. This means long-term growth. Get ready and be prepared. Prices are good now, the best possible. Buy when prices are low. Get ready and be prepared because once the action starts there is no going back. Once the first jump is in, low prices will be no more. Look at the STRAXUSDT and GASUSDT publications in my profile for additional information. » Rest easy and be certain that your Altcoin Choice will grow. Zilliqa is going up. Patience is key, but doubt is zero. 100% certainty. Thanks a lot for your support. I hope you enjoy the analysis. Namaste.
https://www.tradingview.com/x/LYPkSxTv/ Buy/Sell/Hold zones marked in grn/red/ylw drawn-in lines. Tomorrow if it gets below ~5,200 I'm shorting or above ~5,350 I'm buying back in, look for a big reaction outside of these levels.
According to Thomas Demark’s method — when b = a, the next target for ETH is around $988. ? Price broke the ascending support ? Wave “a” from $4000 to $2500 has already played out ? Wave “b” is projected downward — target aligns with a strong historical support zone ? Weekly RSI is nearing oversold territory Conclusion: The $988 area is critical. A reversal may occur there if selling pressure weakens. Stay sharp. #ETH #Demark #CryptoAnalysis #TechnicalAnalysis #Ethereum
Just now opened a short trade on wif. I anticipate a continual fall down to $0.335 area but for tonight I'll probably just aim for a quick scalp and get out around $0.36 to $0.3552 DTT strategy applied.
??? USD/JPY news: ➡️ The USD/JPY pair rebounded from the 141.60 area — its lowest level in seven months touched during Thursday’s Asian session — as the U.S. dollar saw a modest recovery, despite ongoing concerns over trade tensions providing support for the safe-haven yen. ➡️ During the Asian session on Thursday, USD/JPY maintained a mild upward trend, trading just below the 143 mark. While the pair posted some intraday gains, overall market sentiment remained cautious due to persistent pressure on the U.S. dollar stemming from escalating trade disputes and falling U.S. Treasury yields. Despite its traditional role as a safe-haven asset during geopolitical uncertainty, the Japanese yen struggled to fully benefit amid challenges in global equity markets and diverging monetary policy paths. Personal opinion: ➡️ The US-China trade war remains the main focus for the weakening USD. And the initial favorable negotiations of the US-Japan trade are giving the JPY an advantage. Therefore, the upcoming trend for this currency pair remains bearish. ➡️ Analysis based on important resistance - support zones and Fibonacci combined with EMA to come up with a suitable strategy Plan: ?Price Zone Setup: ?Sell USD/JPY 142.70 - 142.80 ❌SL: 143.30 | ✅TP: 142.10 - 141.70 ?Buy USD/JPY 141.15 - 141.00 ❌SL: 140.70| ✅TP: 141.70 - 142.20 FM wishes you a successful trading day ???
I entered long at 1.32274, and as of April 16, 2025, at 10:00 PM, GBP/USD is trading at 1.32150, meaning I’m currently down 12.4 pips. Trade Analysis GBP/USD broke below 1.3225, which was acting as a support level earlier. Bearish momentum has increased, but the next key support at 1.3205 might offer buyers a chance to defend the price. The pair failed to push above 1.3245 resistance, meaning sellers are still in control at this stage. Technical Indicators RSI is near 31.90, suggesting the pair is close to oversold conditions and might attempt a bounce. Stochastic RSI at 15.29 confirms that downward pressure is slowing, but no clear reversal is seen yet. MACD remains negative, reinforcing weak momentum unless buyers step in soon. Upcoming Market Events Tomorrow’s U.S. Jobless Claims & Housing Data at 8:30 AM could impact GBP/USD significantly. If jobless claims rise and housing numbers disappoint, USD may weaken, helping my trade recover. If jobless claims remain low and housing holds up, USD could strengthen, pushing GBP/USD lower. Trade Decision: Hold or Close? Reasons to Hold: GBP/USD is near key support at 1.3205, which could trigger a bounce. Indicators show oversold conditions, meaning buyers might step in soon. A recovery above 1.3225 could bring price back toward 1.3245–1.3265. Reasons to Close: Breaking below 1.3205 could lead to further downside, possibly toward 1.3173. Momentum still favors USD, which could keep GBP/USD pressured. Failure to reclaim 1.3225 soon may signal continued weakness. Final Thoughts I’m closely watching 1.3205—if GBP/USD finds support there, I may hold the trade. If price keeps dropping, I’ll consider exiting to minimize losses. The next 10 hours will be critical with major U.S. economic data coming up, so I’ll adjust my strategy accordingly.
BANK NIFTY 52800 Current Status: Bank Nifty is trading around 51,002.35, up 1.52% BUT DOW SAME FALL
Elon Musk’s AI company, xAI, is slowly bringing its Grok chatbot to parity with top rivals like ChatGPT and Google’s Gemini. Wednesday night, xAI announced a “memory” feature for Grok that enables the bot to remember details from past conversations. Now, if you ask Grok for recommendations, it’ll give more personalized responses — assuming you’ve […]
Gold's 1-hour moving average continues to be arranged with golden crosses upward. It is difficult for gold bulls to make a major correction. Gold's US market directly continues to break upward. Then gold's short-term 3317 will once again form a support. If gold falls back near 3320, it can continue to go long. https://www.tradingview.com/x/wK8clO5b/ Although gold is going crazy now, when you are bullish, you should also pay attention to the opportunity for a pullback. Unless the strength is suddenly strong at that time, don't chase the bullish easily. Wait patiently for the chance of a pullback.