Ethereum’s Last Chance: Let Jesus Take The WheelEthereum’s price action over the course of this crypto bull run, and especially since the beginning of this year, 2025, has been nothing short of horrendous. It’s failed to hold almost every single important level that it needed to, to be able to keep pushing higher. This has caused almost all crypto investors and altcoin traders to pull their investments out, and drive the price even lower. At its current point, altcoin traders have lost all but 100% of the confidence they once had in it, and to retail investors, this is basically toxic waste once they see the losses that have been taken, it’s driving them away en masse.
With that being said, this is ETH’s final stand, it’s time to either show out, or go home with nothing to show for itself. It’s at a very critical support level right now, and if it breaks down below this, the trade will be cancelled. It’s just finished completing the ‘Jesus Take The Wheel’ pattern on the weekly & MONTHLY. This is an extremely high probability pattern, and could cause a blow-off top for Ethereum.
We also see that we got a Wykoff Pattern here, with the last one that we got around the $2k level being a fake out. The only other times it has printed aside from the last fake out, it has been the start of a bull run. ETH now has 6 weeks in total, or about 4 more weeks from now to start recovering old levels, and taking off to the moon.
I drew a bar pattern on the chart that I took from its original bullish pattern from the start of the 2013 bull run. I believe we’ll have a shortened cycle, and due to not having much time left to complete the bull run during this 4-year cycle, that’s all we will get. Thankfully, the price has been beaten down so much, that getting in now, will offer 1000% gains, in just about 6 months. This will be one of the most incredible feats in all of crypto.
Fear is at an all time high, and ETH has been teasing everyone with a bull run for months and even years now. We haven’t seen an all time high since 2021. Most investors will suffer from boredom exhaustion as well, and with the stock market also sinking, we could see a huge push once we recover some levels, for the masses to finally come into the market via Ethereum ETF’s, so they don’t have to actually risk any money moving crypto around. The boomers and traditional investors with stock accounts will be free to throw cash at these ETF’s and that’s what will give us our final pumps past all time highs, once the crypto traders all get back into the market, and get us to new ATH’s in the first place, and help us recover key levels.
One thing is clear: ETH needs to stop trying so hard to control its environment, it’s time to just let Jesus Take The Wheel 🚀
Multiple Time Frame Analysis
Long trade
15min TF overview
🚀 Trade Breakdown – Buyside (ETH/USD)
📅 Date: Friday, April 18, 2025
⏰ Time: 11:00 AM (NY Session AM)
Pair: ETH/USD
📊 Trade Direction: Buy (Long)
Trade Parameters:
Entry: 1578.20
Take Profit (TP): 1610.65 (+2.06%)
Stop Loss (SL): 1576.24 (–0.12%)
Risk-Reward Ratio (RR): 16.56
🧠 Trade Narrative: Observing recent price action and selling climax 11.00am Friday 18th April seem indicative of a buyside trade idea.
EURCAD at 2009 Highs – Is a Massive 1,000 Pip Sell-Off Imminent?It's been a while since my last idea! (Too busy traveling lately 😅)
Today, we're zeroing in on a high-probability short setup on EURCAD. This pair has surged strongly since the start of the year, fueled by all the Trump-related market chaos.
Once we smashed through 1.52—last year's key resistance (a level where we previously banked over 600 pips on a massive drop)—the market has been steaming towards the next major SELL zone between 1.58 and 1.615. This area has been rock-solid resistance since 2009, causing significant sell-offs each time we've tested it. Can history repeat itself? Let’s dive into the charts.
Weekly Chart:
After the initial spike into our key zone in early March, we saw an immediate 600-pip rejection, but buyers quickly regrouped and drove the pair to fresh highs near 1.60. Crucially, we're now seeing a lack of follow-through on recent highs, which is a classic sign of buyer exhaustion. Even more telling, this week's candle is a spinning top—a textbook reversal signal.
Daily Chart:
Zooming into the daily timeframe, price action is becoming increasingly choppy with multiple rejection candles at the highs—clear signs that sellers are starting to step in. Additionally, MACD divergence is glaringly obvious, reinforcing the bearish setup.
4-Hour Chart:
At the 4-hour level, the market is now trapped in a tight sideways range between 1.57 (floor) and just above 1.58 (ceiling). The MACD continues to signal divergence—another strong indication that the bullish momentum is losing steam and a reversal is likely imminent.
How I'm Trading It:
Given all these signals, I'm using my TRFX indicator to build a long-term short position, targeting sell signals on the 8-hour and daily charts. The daily chart alone has been flashing multiple sell signals already (see below):
One last thing: Don’t be surprised by a quick fake-out spike toward the upper bound at 1.615—it’s very common in setups like these. Any sharp spike up should get quickly rejected, giving us another great selling opportunity.
Targets:
First Target: Last year's major resistance at 1.52—expect a reaction and possibly a bounce here.
Second Target: Longer term, I'm eyeing a deeper move toward the major support level around 1.43, offering a huge profit potential if the reversal fully plays out.
That's my game plan—let me know your thoughts below! 😊
DON'T Make This MISTAKE in MULTIPLE TIME FRAME Analysis
Most of the traders apply multiple time frame analysis incorrectly . In the today's article, we will discuss how to properly use it and how to build the correct thinking process with that trading approach.
The problem is that many traders start their analysis with lower time frames first . They build the opinion and the directional bias analyzing hourly or even lower time frames and look for bullish / bearish signals there.
Once some solid setup is spotted, they start looking for confirmations , analyzing higher time frames. They are trying to find the clues that support their observations.
However, the pro traders do the opposite .
The fact is that higher is the time frame, more significant it is for the analysis. The key structures and the patterns that are spotted on an hourly time frame most of the time will be completely irrelevant on a daily time frame.
In the picture above, I underlined the key levels on USDJPY on an hourly time frame on the left.
On the right, I opened a daily time frame. You can see that on a higher time frame, the structures went completely lost.
BUT the structures that are identified on a daily, will be extremely important on any lower time frame.
In the example above, I have underlined key levels on a daily.
On an hourly time frame, we simply see in detail how important are these structures and how the market reacts to them.
The correct way to apply the top-down approach is to start with the higher time frame first: daily or weekly. Identify the market trend there, spot the important key levels. Make prediction on these time frames and let the analysis on lower time frames be your confirmation.
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FFC- Deeper Retracement is Expected !Reasons for Deeper Retracements are :
1. 20, 50 & 200 SMAs are converging.
2. RSI on daily TF is below 30 which signifies Bearish Trend
3. Weaker Price Action at Recent Swing High is signalling Profit Taking activity is taking place.
Way Forward:
1. Observe Price Action once price tests 200 SMA and 78.6%% Fib. Level.
2.If a Bullish signal (Engulfing, Pin-Bar with surge in Volume) is observed, a good probability trade is on the cards.
GTC Eyes Reversal from Accumulation Base GTC/USDT is bouncing off a long-term descending channel’s base, showing possible signs of accumulation. A move toward the $0.55–$0.75 supply zone is expected, with a potential breakout targeting $2.23 if momentum sustains. We must pay a close attention to a breakdown below $0.248 which will open a downward move towards $0.074 as final and critical support.
NIFTY trading at RESISTANCE!! But!! As we can see NIFTY trading at final resistance after a strong breakout of 23400 level and now is trading around 23800 levels which has acted as a strong supply zone previously hence we can expect signs of REJECTION around here but if any case it sustains above the given level then we can also see a possible formation of inverted head and shoulders pattern in bigger time frame hence any closing above 24000 levels could show another strong unidirectional rally which can also lead to new ATH so plan your trades accordingly and keep watching everyone.
Long trade
🚀 Trade Breakdown – Buyside (ETH/USD)
📅 Date: Thursday, April 17, 2025
⏰ Time: 3:00 PM (NY Session PM)
🪙 Pair: ETH/USD
📊 Trade Direction: Buy (Long)
Trade Parameters:
Entry: 1582.90
Take Profit (TP): 1612.94 (+1.90%)
Stop Loss (SL): 1577.04 (–0.34%)
Risk-Reward Ratio (RR): 5.13
🧠 Trade Narrative:
NY PM reversal-style trade:
Playing off a refined demand zone on the lower timeframe, sweep of a prior low, and aiming for a local high for this buyside trade idea.
Not the best entry, however, manage stop loss based on the narrative of supply and demand
I'll Short BTC if? I'll Short BTC if I see it at 86k once again
Too much weakness on 4h time frame
But I'll use a tight stoploss there above the high
My tp will be at 81000 or 80000
But at the end I'll definitely wait for the confirmations on the lower time frames because without confirmations it's total loss in trading.
This trade is 1:10 risk to reward
So it does not hurts me but i don't know about your margin and capital.
So act accordingly manage your risk definitely.
Profit and loss all is yours I'm not responsible for your profit and loss.
I'm sharing my thoughts.
So let's see how it plays out,
One trade like this and you don't have to trade for months.
Wait for the prey like a lion 🦁
Regards Trader Scorpion 🦂
PEOPLEUSDT Long Term Channel FormationPEOPLE is structurally confined within a well-defined descending channel. Price action recently reacted off a weak support level, prompting a corrective bounce targeting the immediate supply zone around 0.01777.
However, unless a significant bullish breakout occurs, rejection from this zone is highly probable and could sustain bearish momentum. A continuation to the projected drop target near the 0.00620 region appears likely, aligning with the lower boundary of the channel. This zone offers a high-probability area for long-term accumulation.
Should the projected path unfold as illustrated, a gradual multi-phase bullish structure may emerge, targeting 0.02482, 0.04995, and ultimately testing the upper boundary near 0.09071.
Long trade
🚀 Trade Breakdown – Buyside (DOGE/USD)
📅 Date: Thursday, April 17, 2025
⏰ Time: 3:00 PM (NY Session PM)
🪙 Pair: DOGE/USD
📊 Trade Direction: Buy (Long)
Trade Parameters:
Entry: 0.15605
Take Profit (TP): 0.15939 (+2.14%)
Stop Loss (SL): 0.15550 (–0.35%)
Risk-Reward Ratio (RR): 6.09
🧠 Trade Narrative:
This buyside setup has the feel of an LTF liquidity sweep potentially targeting: Equal highs/ intraday liquidity.
Long trade
📈 Trade Breakdown – Buyside (BTC/USD)
📅 Date: Thursday, April 17, 2025
⏰ Time: 3:00 PM (NY Session PM)
🪙 Pair: BTC/USD
📊 Trade Direction: Buy (Long)
Trade Parameters:
Entry: 84,552.5
Take Profit (TP): 85,333.5 (+0.92%)
Stop Loss (SL): 84,467.5 (–0.10%)
Risk-Reward Ratio (RR): 9.19
🧠 Trade Narrative:
Entry into the discount zone of a short-term range
With the assumption of price expanding towards a local high or imbalance for a buyside trade idea.
USDT DOMINANCE UPDATE: What to Expect Next? USDT Dominance is currently heading toward a key demand zone between 5.33 and 5.16, which could act as a strong support area. From this zone, we might witness a short-term bounce or upward movement. This could temporarily cause corrections in both Bitcoin and altcoins, so don't be alarmed—this is a healthy part of market behavior.
After a possible slight move upward, USDT dominance may go sideways for a while, showing some consolidation. But here’s the important part: this move is likely the beginning of its next downtrend. And when USDT dominance starts falling, it typically signals the start of an uptrend for Bitcoin and the overall crypto market.
So, stay calm and stay prepared. I'm sharing this so the market doesn’t catch you by surprise. Because you’re following me, I’ll make sure you stay ahead of the moves with timely updates.
Everything will be fine—this is just part of the cycle.
Long trade
📈 Trade Breakdown – Buyside (BTC/USD)
📅 Date: Thursday, April 17, 2025
⏰ Time: 12:00 PM
🪙 Pair: BTC/USD
📊 Trade Direction: Buy (Long)
Trade Parameters:
Entry: 84,569.5
Take Profit (TP): 85,338.0 (+0.91%)
Stop Loss (SL): 84,384.5 (–0.22%)
Risk-Reward Ratio (RR): 4.15
🧠 Trade Narrative:
A midday NY session continuation to the upside. Targeting the next liquidity pocket above recent highs.
Long trade
📈 Trade Breakdown – Buyside (DODGE/USD)
📅 Date: Thursday, April 17, 2025
⏰ Time: noon (NY Session PM)
🪙 Pair: BTC/USD
📊 Trade Direction: Buy (Long)
Trade Parameters:
Entry: 0.15546
Take Profit (TP): 0.15914 (+2.37%)
Stop Loss (SL): 0.15495 (–0.33%)
Risk-Reward Ratio (RR): 7.22
🧠 Trade Narrative: Entry on discount within premium zone going for abuyside trade.
Nasdaq - $2,000+ In 30 Mins Utilising Fair Value Gaps17/4/25 - Same strategy, different day guys!
It would be a lie if I told you it was a easy day today because it wasn't!
After a few small losses, I managed to take some meat off the bone with net profits totalling over $2,000 within the space of 30 mins.
Is GBPAUD Finally Ready to Drop?Price is currently struggling to break through a key resistance area. That’s not a problem – I’m not looking to catch the entire move, I only need a clean 1:3 RR and potentially the completion of the Asia range.
🔻 Bias: Bearish
On the 4H chart, I’ve identified the 50 EMA as a possible point of rejection, and it lines up perfectly with a 15m POI (Orderblock).
Since the Asia session opened higher, this creates a solid intraday short opportunity targeting the unfilled Asian range.
✅ I’ve marked two potential zones where price could react. If I get clean bearish price action in either zone – such as a BOS on the 1m or strong rejection patterns – I’ll look to execute the short.
Patience until the setup aligns. Let's see how it plays out. 🔍💯
Gold initiates its trajectory toward the $4,000 markGold (XAU/USD) has confirmed a major bullish breakout from a long-term Cup and Handle formation, pointing to a macro target of $4,044.90. While price approaches immediate resistance at $3,404.72, the bullish structure remains intact above the breakout support zone. A retracement towards ISL or SL zones could offer potential re-entry opportunities in line with the prevailing uptrend.