The price has broken above the descending trendline, signaling a potential bullish reversal. Currently, it is trading above a key support zone and could continue its upward momentum. ? Buy Setup: Entry: 1.09048 Stop Loss: 1.08865 (To protect against market noise) Take Profit: 1.09422 (Nearest resistance target) ? This is a breakout opportunity combined with Fibonacci levels, ideal for trend-following traders. ? Personal View: The bullish momentum is strong, but it’s important to watch price reactions at resistance levels. What do you think about this setup? Let’s discuss! ?
Key Support and Resistance Levels Resistance Level 1: 5715 Resistance Level 2: 5770 Resistance Level 3: 5920 Support Level 1: 5500 Support Level 2: 5390 Support Level 3: 5255 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.
If you have a free trading account, if you are not in a hurry to make a profit, if you are looking to make a profit in the market without fear and stress, I suggest you do not miss the price range of $60 to $70 per barrel of oil. Sasha Charkhchian
Medico is on support line RSI: below 35 showing weak strength. If it holds can move up to the resistance level marked on chart. Sup 1: 44 Sup 2: 35
Ethereum is currently at a decisive moment, sitting at a major support level that has historically played a crucial role in determining the market’s direction. The parallels to 2021 are striking. Back then, ETH experienced a deep correction of over 60 percent after reaching its cycle high. However, once it found support in a key liquidity zone, it staged an explosive rally, gaining over 175 percent in just a few months. Now, in 2025, we are seeing an almost identical setup. ETH has once again corrected significantly from its recent highs, dropping nearly 58 percent, and is now testing the same kind of structural support that previously acted as a springboard for a new bull run. The technicals indicate that this support level is not just any ordinary price zone. It coincides with the 200-week exponential moving average, a historically strong dynamic support level that has often marked the bottom of major corrections. Additionally, this region aligns with a previously established demand zone that saw significant buying interest in the past. The fact that ETH is testing this support right before a major macroeconomic event makes this moment even more critical. On March 19, the Federal Reserve is set to announce its latest interest rate decision, which could have a direct impact on liquidity conditions across all markets, including crypto. If Ethereum manages to hold this level and bounce, the upside potential could be significant. The first major resistance to overcome would be around 3929, a level that previously acted as a rejection zone during the last cycle. A breakout above that level could open the door for a move towards 4875, which represents a key structural resistance and would put ETH back in a strong bullish trend. A repeat of the 2021 pattern could mean that ETH is on the verge of another parabolic move. However, the bearish scenario cannot be ignored. If this support fails and ETH breaks below this critical zone, it would be a major warning sign. A breakdown could trigger further downside pressure, potentially leading to a deeper correction and confirming a bearish trend. This could mean that Ethereum enters an extended bear market, with the next significant support levels much lower. The rejection at resistance, followed by a lower high, would suggest that sellers remain in control, and without strong bullish catalysts, a further decline would be the path of least resistance. Beyond technicals, fundamentals are playing an equally important role. The crypto market has been increasingly correlated with traditional finance, and with the Federal Reserve’s decision just days away, investors are watching closely. If the Fed signals continued monetary tightening or delays interest rate cuts, risk assets like Ethereum could face further downside. On the other hand, a more dovish stance from the Fed could inject fresh liquidity into the market, acting as a catalyst for ETH to reclaim higher levels. Sentiment in the crypto space is also crucial. On-chain data suggests that long-term holders are still accumulating, which indicates confidence in Ethereum’s long-term value. However, short-term traders remain cautious due to the uncertain macro environment. Open interest in ETH futures has seen a decline, suggesting that many traders are waiting for confirmation before making big moves. This means that volatility could spike significantly once a clear direction is established. Overall, Ethereum is at a critical juncture. The historical comparison to 2021 suggests that this could be the start of a major recovery, but whether or not history repeats itself depends largely on external factors like the Federal Reserve’s decision and broader market sentiment. If this support holds, ETH could be at the beginning of another strong bull cycle. If it fails, the bearish alternative could become the dominant narrative. The next few days will be crucial in determining which path Ethereum takes.
OANDA:AUDNZD has reached a significant support zone, highlighted by previous price reactions and strong buying interest. This area has previously acted as a key demand zone, increasing the likelihood of a bounce if buyers step in. The current market structure suggests that if the price confirms support within this zone, we could see a bullish reversal. A successful rebound could push the pair toward the 1.10100 level, a logical target based on previous price behavior and current market dynamics. Monitoring candlestick patterns and volume at this critical zone is essential for identifying buying opportunities. Just my take on support and resistance zones, not financial advice. Always confirm your setups and trade with solid risk management. Best of luck!
BANANA is positioned between an SW H and an SW L. Based on the bases that have formed, it seems that this symbol intends to move toward the targets. Break even at TP 1. The closure of a daily candle above the invalidation level will invalidate this analysis. Do not enter the position without capital management and stop setting Comment if you have any questions thank you
https://www.tradingview.com/x/PLBWhYP9/ NZD/CHF SIGNAL Trade Direction: short Entry Level: 0.511 Target Level: 0.506 Stop Loss: 0.514 RISK PROFILE Risk level: medium Suggested risk: 1% Timeframe: 2h Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ✅LIKE AND COMMENT MY IDEAS✅
Not much hope for TSLA as price continues to grind lower slowly
The Gold price action exhibits bullish sentiment, supported by the prevailing uptrend. The recent intraday price action indicates a phase of sideways consolidation near the previous resistance level. Key Levels to Watch: Key Support: 2960 (previous consolidation range) Immediate Resistance: 3000 Higher Resistance Levels: 3034, 3081 Downside Support Levels: 2909, 2883, 2830 Bullish Scenario: A corrective pullback toward the 2960 level, followed by a bullish bounce, could reaffirm the uptrend and target the immediate resistance at 3000. Sustained momentum could further drive the price towards 3034 and ultimately 3081 over the longer timeframe. Bearish Scenario: A confirmed breakdown below the 2960 support level, along with a daily close beneath this mark, would invalidate the bullish outlook. This could trigger a deeper retracement towards the next support levels at 2909, 2883, and 2830. Conclusion: While the overall sentiment remains bullish amid the prevailing uptrend, traders should closely watch the 2960 level for signs of bullish continuation or a potential bearish breakdown. A sustained close below this level would signal caution and shift the focus to lower support zones. 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.