Ethereum (ETH/USD) has reached a critical demand zone around $1,550 - $1,580, where strong buying interest has previously shown support. After a consistent downtrend, the price is now showing early signs of bullish reversal on the 2-hour chart. If this level holds, a potential move towards the target area of $1,920 - $1,970 is likely. This area aligns with previous structure resistance and could act as a take-profit zone. Key Highlights: Entry Zone: $1,550 - $1,580 Target Zone: $1,920 - $1,970 Timeframe: 2H Setup Type: Trend Reversal / Swing Trade Risk Management: Always use a tight stop-loss below the demand zone Idea: Wait for a bullish confirmation (like a strong bullish candle or pattern) before entering. This setup offers a favorable risk-to-reward ratio if the support holds.
At the market open today, we signaled a buy opportunity near the 2980 level for gold. Since then, the price has surged over $30, and those who followed the strategy have already secured solid profits. Gold is now approaching a short-term resistance, so a minor pullback may occur. However, the overall uptrend for the day remains intact, and our strategy continues to favor buying on dips. Based on the current chart pattern, there's potential for the price to rise toward the 3030–3060 zone later today. Stay alert for retracement opportunities, manage your position size wisely, and trade with discipline. If you missed this entry, don’t worry — the next opportunity is just around the corner!
With the market up at open you would expect buyers to come in. It could very well be a trap. Both Vix and SPX rsi is telling me a test of the low - or lower is possible in the next few days.
If $160.00 holds we can see $200 if we break below$160.00 we could see $140-$120 LONG TRADE Entry 1 $175.00 Entry 2 $165.00 Stop loss $155.00 Take profit 1- $195.00 (Close 33%) Take profit 2- $215.00 (Close 66%) Take profit 3-$230.00
Price looks to be making another retest of H4 resistance zone of 3,025 - 3,035. On the H1 also approaching 50 EMA and resistance trendline. H1, H4 and the daily are bearish giving more reason for going short.
Sell limit on USDJPY set!! Reason? 1. Uptrend finished, and downtrend about to continue. 2. Supply zone with imbalance not yet mitigated. 3. H4 and H4 same direction. 4. Price reacted to area of SBR (it can continue downtrend from here). I will be targetted 2RR from this trade. Let's go.
Retard Finder Coin (RFC) continues its explosive rally. The meme coin has surged 44.20% in the last 24 hours. In the last 7 days, RFC has gained 231.38% and 254.63% over the last 30 days. As of now, RFC trades at $0.03901 with a market cap of $37.6 million and its daily trading volume has reached $14.79 million. Circulating supply stands at 961.55 million RFC out of a total 1 billion tokens. RFC is a meme coin with no utility. It was created purely for entertainment. Inspired by meme culture, it aims to bring humor to the crypto space. The token has a large online community with over 660,000 followers. The coin gained traction alongside a broader crypto market recovery. Bitcoin climbed back to $79,000 after dropping below $75,000 due to recent tariff announcements by Trump. Ethereum now trades above $1,500, XRP above $1.80 as the overall market continues to recover. Technical Analysis RFC reached a recent high of $0.06991 on April 6th. After the peak, it dropped sharply to $0.01476. Since then, the price has been recovering steadily. However, the last two hours have shown bearish movement. Watch closely as the price approaches key levels as the coin needs to reclaim momentum to retest the previous high. If RFC gains strength again, it could return to $0.06991 and possibly surpass it. This would need a strong support for price to get a rejection from and get enough strength to break above a key swing high Potential Support Zones Currently, support lies at the 1-hour demand zone and a fair value gap (FVG) lying above at around $0.03000. If price breaks below this level key support area, it may fall further to the 2-hour FVG at $0.01884. This zone could serve as a key support area for bulls to regroup. If the price confirms a bullish reversal at either level, RFC could resume its upward trend. Failure to hold support in any of the levels may lead to a deeper retracement. Key levels to monitor remain around these support zones. In summary, RFC continues to draw attention despite its lack of utility. The coin rides the meme wave and strong community support. While short-term volatility persists, these key technical levels offer potential entries for bullish continuation.
E-U sell sides swing concept. I'm precipitating an upsurge in the dollar index and a vice versa on both EURUSD & GBPUSD. Since last week Friday, we've been on a low resistance liquidity run to the downside 1 hr t.f. Though we got to a HTF sweet spot/ point of interest on selling pressure. We're kinda sluggish to melt to the downside. I might not know what move the markets might pull out today, but I'm looking for that selling pressure. I'll only look for buying pressure if the market gets above prev monthly highs and shows buy side interest. Comment below on what you think, hit that boost & follow for more content. Stay tuned for updates, entries and more...
Good day! Yesterday close was irrelevant: Uncertainty, indecision and inside the previous huge candle. Until clear direction, we've today Trump's ultimatum to China with additional 50% tariffs if China does not step back with its retaliation of 34%. China has additional tools: sell US Treasuries which trigger a crise worldwide and particularly in USA. Along this, we've some cracks within Trump billionaires, including E. Musk, who start showing frustration with tariffs.
After a strong rally from around 1.03 to the 1.10s, EURUSD traders now appear undecided. The white line shown is the 17-year-long trendline, which is currently acting as major resistance. However, this is not a typical short-term resistance level, it's more appropriate to focus on weekly and monthly closes around this area. Still, its presence alone is enough to give Euro bulls something to think about. For more context about long-term outlook, please check our earlier post below: https://www.tradingview.com/chart/EURUSD/WqTJjOB9-EURUSD-Tests-17-Year-Long-Term-Trend/ In the short term, the chart has taken the shape of a descending triangle. If the TVC:DXY bounces, EURUSD may face some downward pressure. 1.0880 seems to be the support to follow for direction. Although descending triangles are typically bearish patterns, this one still has a chance to break to the upside due to supportive fundamentals. In either case, the medium- to long-term outlook for EURUSD is turning increasingly bullish.