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Bitcoin correction. Waiting for 70k-76kBitcoin correction. Waiting for 70k-76k The previous idea suggested Bitcoin would reach $95,000-$100,000 before entering a 1-2 year bear phase alongside the U.S. stock market decline. Bitfinex: However, based on Coinbase orders in the $70,000-$76,000 range and recent BTC sell-offs on Bitfinex over the past three days, it looks like this correction is being dragged out to trigger more liquidations. This crypto correction might also align with an SP500 drop. Waiting for lower levels to find good entry points. Coinbase orders: BTC/USDC Liquidation Heatmap
Short
by SergioRichi
EURUSD BULLISH OR BEARISH DETAILED ANALYSISEURUSD is currently in a critical retesting phase after a strong bullish breakout. Price action is finding solid support around the 1.1200–1.1300 zone, an area that has previously acted as major resistance. As long as this zone holds, I expect a healthy bullish bounce that could fuel a continuation toward the 1.1800 level. Market structure remains bullish, and this pullback seems more like a technical correction before the next rally. Fundamentally, the euro is being supported by a weaker US dollar sentiment due to growing expectations of Federal Reserve rate cuts later this year. At the same time, improving Eurozone data and stabilizing inflation pressures are adding positive momentum to the EURUSD pair. If the US GDP numbers and inflation figures continue to disappoint, we could see further downside pressure on the dollar, pushing EURUSD higher. Technically, the weekly chart shows a clean breakout from a long-term consolidation, and now the price is retesting the broken resistance as new support. The structure aligns perfectly with a bullish continuation setup. A strong bullish candle from this zone would be a major confirmation for buyers to target 1.1800 in the coming weeks. In my view, EURUSD remains one of the strongest setups on the forex board, supported by both technical and fundamental factors. Traders should monitor key economic releases like US PCE data and Eurozone CPI, as they will drive volatility and direction. I stay bullish above the 1.1200 level and see excellent risk-reward potential in this trade idea.
Long
by AndrewsMarket-Mastery
1
NIO - the downtrend about to end?hi traders Let's have a look at NIO stock. With terrible earnings at the end of March, the price faced a strong rejection and continued a major downtrend. On the 8th of April, due to the whole market correction, NIO dropped heavily and the price reached 3,05$, where we saw the downsloping support line playing a big role and stopping the price from further decline. RSI was very oversold, and now it looks like it was a bottom (at least for now). The price bounced back to 4,20$ but it seems like it's getting rejected at 100SMA line. RSI was overbought at the moment of this rejection, so I expect the price to give a bit of pullback but overall, I expect the price to try to retest the major downsloping resistance (a yellow trendline). If it breaks the downtrend, we will see fireworks and 7$+ will be a target. If the price gets rejected, expect another 40% drop. NIO needs a solid catalyst, such as strong earnings. With weak fundamentals, it will be hard for the price to break this major downtrend.
NYSE:NIO
by vf_investment
CHECK GBP/USD SIGNAL ANALYSIS | GO AND READ CAPTIONHello traders! I’m watching a potential SELL setup on GBP/USD. Let’s break it down: Technical Analysis: • Price respecting the descending channel structure ✅ • Strong rejection from the 1.3318 – 1.3330 resistance zone ✅ • Bearish momentum building with lower highs ✅ Trade Setup: 📊 • Entry Zone: 1.3318 – 1.3330 🎯 • Take Profit 1 (TP1): 1.3280 🎯 • Take Profit 2 (TP2): 1.3250 🎯 • Take Profit 3 (TP3): 1.3200 ⛔ • Stop Loss (SL): 1.3340 PLAN: Waiting for bearish confirmation within the entry zone. Will execute upon clear rejection. Patience and risk management are key! NOTE: Trade at your own risk and do proper risk management.
Long
by AlexParker_trader
ETHUSD Will Go Higher! Buy! Take a look at our analysis for ETHUSD. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 1,584.85. Taking into consideration the structure & trend analysis, I believe that the market will reach 1,812.59 level soon. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. 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 subscribe and comment my ideas if you enjoy them!
TRADENATION:ETHUSDLong
by SignalProvider
1
NZD/CHF SHORT FROM RESISTANCE Hello, Friends! NZD/CHF pair is in the downtrend because previous week’s candle is red, while the price is clearly rising on the 9H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 0.475 because the pair is overbought due to its proximity to the upper BB band and a bearish correction is likely. 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✅
Short
by EliteTradingSignals
1
AUD/NZD BEARS WILL DOMINATE THE MARKET|SHORT Hello, Friends! AUD/NZD pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 1H timeframe the pair is going up. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 1.070 area. 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✅
Short
by EliteTradingSignals
1
Incoming sells?! AUDCAD bearish sentiment Good day traders, I’m back with another setup on AudCad. Before I go into the thinking behind this setup I’d like to remind you that on the higher TF’s we still very much bearish that’s is my reasoning behind the bearish sentiment. On Tuesday we saw price close lower to give us our high of the week but price has been disrespecting the high since Wednesday but failing to close above that high showing strength lower(Friday bearish candle). Going into the new week I believe we can expect price to keep disrespecting the high because we believe that CAD is gonna be weak but keeping the overall direction in mind(bearish) we do not wanna see price closing higher than the Tuesday’s high of the day. 4H we have shifted structure lower but price is still trading in the premium area, should price not fall below the low of previous week than we can expect manipulation higher to fill the FVG on the Weekly before continuing lower.
Short
by FxPipMaster_TebohoMatla
CHECK EUR/USD SIGNAL ANALYSIS | GO AND READ THE CAPTIONTrading Signal for EUR/USD (H1 Timeframe) Entry Zone: Current market price around 1.13647. Signal Type: Buy (Long Position). Stop Loss (SL): Below the marked support zone, near 1.13500. Take Profit Targets: • Target 1: ~1.13721 • Target 2: ~1.13850 • Target 3: ~1.13922 Analysis: Price is expected to bounce from the support zone (yellow box) and move upward through the targets. A breakout structure is anticipated with higher highs and higher lows. Risk Management: Ensure SL is properly set; move SL to breakeven after reaching Target 1 if preferred. Note: Do trade at your own risk.
Long
by AlexParker_trader