Ethereum seems to be a very good long at these levels, with potential targets much higher than those indicated. May not come down to the entry.
Market Timing tool signals Bearish Trend for the day and the Sell Signal got confirmed with Stop Loss @ 5471. Trailing Stop Loss for running sell is at 5394. First Target for the bearish trend is at 5318 and if the market moves down further, it may take support at 5173. It's my view. Traders are suggested to follow technical analysis for trade entries with proper risk management rules.
If we look at the OKX:SUIUSDT chart globally, you'll see that the April drop stopped at a retest of a strong mirror zone. And even now, when the CRYPTOCAP:BTC price is trying to correct itself, the #SUI price is very well-supported. Therefore, globally, any purchase of #SUI while the price is above $2.30 has a chance to turn into a good medium or long-term investment. ? On the chart, we have schematically depicted how the #SUIUSDC price may move in the future in 2025 with the final target of $10.8-11.80 _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
BTCUSD DAILY TECHNICAL ANALYSIS ? OVERALL TREND ? UPTREND — Momentum has surged, with multiple bullish candles breaking out above prior consolidation. Structure suggests a bullish continuation unless rejected at key resistance. ?RESISTANCE ZONES ? 109,618.40 — PIVOT HIGH | Resistance Level ? 107,877.89 — SELL ORDER II ? 104,355.29 — SELL ORDER I ?SUPPORT ZONES ? 102,576.04 — EXIT BUY | TP 4 ? 96,169.15 — BUY ORDER | TP 3 ? 92,012.50 — BUY ORDER | TP 2 | Mid-Pivot ? 86,027.66 — BUY ORDER | TP 1 ? 79,908.44 — BUY ORDER II ? 76,167.19 — BUY ORDER I ? 74,406.60 — PIVOT LOW| Support Level ?OSCILLATOR SIGNALS RSI: 67.98 — Neutral, approaching overbought MACD: 1,629.47 — ? Bullish crossover Momentum: 10,006.19 — ? Strong upward push Stoch RSI: 100.00 — ? Extremely overbought, caution warranted Williams %R: −5.30 — ? Sell signal (overbought territory) ?MOVING AVERAGES ALIGNMENT All major EMAs & SMAs (10 through 200) are flashing BUY HMA (9): 92,191.54 — supports current bullish thrust Ichimoku Base: 84,535.45 — below price, further confirms bullish bias ?STRUCTURAL NOTES BTCUSD has cleared a long-term pivot range with conviction — first time in over 2 months Price now testing supply zone between 102K and 104K Break above 104K could trigger acceleration toward 107.8K and possibly 109.6K Pullback scenarios would likely retest 96.1K or 92K (TP zones 2 & 3) TRADE OUTLOOK ? ? Long bias remains strong above 92,012 with targets toward 107.8K and 109.6K ? Short-term profit-taking or rejections possible in 102.5K–104.3K zone ? Watch for confirmation of breakout or rejection from dynamic resistance at 109.6K ?STRATEGY RECOMMENDATION CONSERVATIVE BULLISH PLAY: — Entry: 92,012.50 — TP Targets: 96,169 / 102,576 / 104,355 — SL: Below 86,027 AGGRESSIVE SWING SCALP: — Sell Orders @ 104,355 or 107,877 — TP: 96,169 / 92,012 — SL: Above 109,618 “Discipline | Consistency | PAY-tience™”
Like mentioned in my previous share, this is the reanalysis. BTC still hold a very strong bullish trend. With it being an appreciative asset, every bearish trend is wisely considered a retracement. The recently broken trend is characterized by multiple weaknesses. With the fact that it respected the 50% retracement level to break the bearish trend + the bullish strength, gives the bulls an upper hand.
Although NASDAQ:SHOP bounced higher today, it looks like the bounce will be short lived. I think we will see a large move down over the coming weeks to the lower support levels on the chart. Why? We just formed another lower high. We've been in a downtrend since late February and until the price action can start forming higher lows, or hit the targets below, I think this stock looks heavy and will fall lower.
A Major Buying Opportunity is Emerging for GOLD ( XAUUSD ) In this analysis, we highlight an upcoming potential buy zone on GOLD ( XAUUSD ) that could present a significant trading setup. We’ll break down recent price action, key support zones, and technical signals that traders should keep on their radar. Whether you're focused on intraday strategies or swing trading, these insights can help you position effectively for the next major move. Don't miss out—watch the full breakdown for complete details. Share your GOLD trade strategy in the comments below.
Analysis of gold market trend: Technical analysis of gold: Today, the highest price of gold is 3386, and the lowest price of US market is 3260, which is also a drop of 126 points. Although gold has continued its decline, it is not like yesterday. The decline is accompanied by a rebound. The trend of Asian market is a back and forth, and the trend of European market is also a back and forth. Needless to say, the US market fell after the opening and the current rebound, the overall rhythm is bearish, but it is not as clean as Tuesday. This trend reflects the opposition of market sentiment. After the risk aversion subsided, the gold price fell from the high of 3500, but after the long position was sold at a high level, some people still took over at a low level, so it led to a rebound trend after the decline. Now from the daily chart, the daily K is likely to close with an upper shadow line as on Tuesday. Now the upper shadow line has been formed, so the closing price should be below the opening price of 3320. Now we need to pay attention to whether the lower shadow line can continue to spread downward. In other words, after this wave of rebound in the US market, there will be another wave of decline, and there will be a small rebound; returning to the short-term trend, in 1 hour, after the gold price fell below the two key positions of 3356 and 3285 today, the support moved down to around 3245. Although there was a rebound in the US market, it is likely to go to the range of 3228 to 3245 before rebounding, so the support references are 3260 and 3245; on the other hand, the resistance level, now the gold price pierces 3285 and then rebounds, and is now trading near this. The only reference is 3315 in the Asian session, and then up is the European session rebound high of 3340. If it is effectively crossed here, the bearish outlook will be suspended. The direction of the end of the session is bearish. The steady operation is to intervene in short orders near 3320 to protect the area near 3330. Of course, you can intervene in short orders near 3310 to see if it can reach the range of 3260 to 3245. This is up to you. Even if it touches this range and rebounds later, I do not recommend participating in long orders. Overall, today's short-term operation strategy for gold is to focus on rebound shorting. The short-term focus on the upper side is 3315-3320 line resistance, and the short-term focus on the lower side is 3260-3245 line support. Friends must keep up with the rhythm.
I tried to make 2 scenarios on cardano. You can see it on the chart, Remember this is not a trading advice, and this is just a part of technical analysis, make sure you have researched it first before entering the market.
A somewhat risky trade, probably should be able to exit in profit if using the more conservative stop loss. Possible will not reach indicated target.