ETH - On which side will it break-out?Today, the FED will decide on the interest rate in the USA. It is almost certain (99% probability) that the rate will remain unchanged. The most important aspect to focus on in this meeting’s minutes is the FED Balance Sheet. Will they stop tightening the balance sheet this month, or will they wait until mid-year as stated in January?
Leading up to the FOMC meeting, ETH is squeezing within its 4-hour pattern, forming equal highs and higher lows. This suggests a potential breakout to the upside.
I have outlined two possible scenarios:
1. ETH breaks through the resistance zone with strong volume, then successfully retests it as support.
2. ETH fails to break the resistance zone and instead breaks below the rising trendline.
Scenario 1:
Many stop-loss orders are accumulating just above the equal highs. If ETH manages to break out of the resistance zone with high volume and fill the gap, there is a chance it will flip this resistance into support. To confirm this, we need multiple candle closes above the resistance zone.
However, there is also a possibility that the FOMC meeting could trigger a price pump, only to drop immediately afterward, taking out stop-losses along the way.
Scenario 2:
In this case, ETH breaks below its rising trendline. For this to be a valid breakdown, it must be accompanied by high volume and a new lower low. If ETH breaks the trendline without forming a new lower low, it could be a fake-out. Therefore, we need confirmation: a lower low followed by a trendline retest.
Interesting Observations:
Stochastic RSI on the Daily Timeframe is rising rapidly into the overbought zone, while ETH remains in consolidation. Typically, we want the momentum of the Stochastic RSI to increase alongside price action. However, that is not happening here.
If the Stochastic RSI enters the overbought area and then crosses downward, it could put selling pressure on ETH, potentially leading to new lows in this downtrend.
Conclusion:
My base case is that ETH will sweep liquidity/stop-losses during the FOMC meeting with an initial upside move, followed by a sustainable correction downward in the coming days or weeks, accompanied by a decrease in the Stochastic RSI.
We’ll have to wait and see how the FOMC meeting unfolds.
Thanks for your support!
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Oscillators
AUDNZD Wave Analysis – 20 March 2025
- AUDNZD reversed from key support level 1.0930
- Likely to rise to resistance level 1.0985
AUDNZD currency pair recently reversed up from the support zone between the key support level 1.0930 (former multi-month from December), support trendline of the daily down channel from February and the lower daily Bollinger Band.
The upward reversal from this support zone will likely form the daily Japanese candlesticks reversal pattern Morning Star – if the pair closes today near the current level.
Given the strength of the support level 1.0930 and the oversold daily Stochastic, AUDNZD currency pair can be expected to rise to the next resistance level 1.0985.
EURCAD Wave Analysis – 20 March 2025
- EURCAD reversed from the resistance zone
- Likely to fall to support level 1.5400
EURCAD currency pair recently reversed sharply from the resistance zone between the key resistance level 1.5800 (former major resistance from 2020) and the resistance trendline of the weekly up channel from 2022.
The downward reversal from this resistance zone will likely form the daily Japanese candlesticks reversal pattern Evening Star.
Given the strength of the resistance level 1.5800, EURCAD currency pair can be expected to fall to the next support level 1.5400.
ETH will retest uptend line soonPossible ETH long setup—yeah, the ETH chart looks brutal after last month’s chaos, but let’s take a sober look at the structure and spot some long opportunities. Here’s the deal: ETH broke its uptrend from summer 2022, smashed through the 200-day EMA, and liquidated most longs—even those with low leverage. End of the bull cycle or just a breather? We’ll see, but I’m leaning toward the latter. Still, in this macro mess, risky assets are struggling—new highs are unlikely until a fresh liquidity wave hits or the Fed keeps easing with rate cuts.
Right now, selling seems to be fading. On the 3D chart, we’ve got a Doji forming in oversold territory (same level as the June 2022 bottom), MACD shows selling momentum dropping, and on lower timeframes, a descending wedge is shaping up. All signs point to a correction after the last 2 months’ drop. Worth noting: we broke that key diagonal level but never retested the trendline. I expect us to hold above 2150$ soon. After some consolidation, price could retest the uptrend line—either to reclaim it or confirm it as resistance. Target: 2700-2800$. That’s where the 200 3D EMA and a big liquidity sweep level at 2860$ sit.
Nasdaq: Wave A Done – Now Lining Up for a Strong BounceThe Nasdaq is starting to look really interesting here. In my view, we've completed Wave ((a)) to the downside—a clean (abc) correction. Why do I think it's done? Because we've just tapped into a Fair Value Gap (FVG) and saw a strong reaction, just above last year’s VWAP, which I always consider a key reference point on the higher time frame.
Ideally, I would have liked to see that 19,090 level get tagged—unfortunately, we didn’t quite reach it. But honestly, this reaction is solid enough to still keep the bullish scenario intact.
Adding to that, the RSI is now in oversold territory, and the last two times we’ve seen that, it was followed by strong upward moves. Based on all of this, I’m expecting a solid bounce over the coming weeks, likely lasting into Q1 or even Q2 2025 .
Where could this move take us? I see two key zones: the first between 22,000 and 22,425 and the second between 23,320 and 23,675. Could it land somewhere in between? Sure. But one of those zones is where I expect this corrective structure to wrap up. That would likely complete the larger ((abc)) correction, after which we’ll finally begin forming the macro Wave A—which will open the next big leg of structure.
So the bigger picture is in play here. In the meantime, I’ll be hunting for entries on the lower time frames, because I do think we’re setting up for a pretty solid push on this index in the coming weeks.
ETH BUY ZONE / ACCUMULATING LEVELBINANCE:ETHUSDT is looking bullish after retracing to 1900-2000 region. It should be noted that the same region was previous resistance which ETH broke in Dec 23' before making a new swing high.
This is a great buying zone technically for someone who does not trade and wants to buy/hold BINANCE:ETHUSDT for the long term!
Skeptic | Gold Analysis: Risk Management Amid Weakening MomentumWelcome back, guys! I’m Skeptic, and today we’re analyzing XAUUSD.
In my previous analysis , our long trigger at 2994.16 was activated, and by now, you should be sitting on an R/R above 5. The major trend on the daily timeframe is s till uptrend , but we’re sensing more trend weakness than ever.
⚠️ This doesn’t mean we skip a long position when our trigger activates—just that we should manage risk more cautiously.
On the 1H timeframe , it seems we’ve formed an upward channel , with clean reactions to the mid-line, ceiling, and floor. It’s worth noting that during the formation of this channel:
RSI has been declining
ADX is also decreasing
This indicates reduced trader interest in maintaining the bullish channel and hints at potential trend weakness. Considering all this, we have a slight short bias today, meaning we might assign a bit more weight to the short side.
Short Setup:
Trigger: Break below 3024.52 (coinciding with RSI entering the oversold zone)
Long Setup:
Trigger: Break above 3057.64
Thanks for sticking around! Let me know your thoughts, and see you in the next analysis! 💪🔥
Happy Eid to all my Persian friends! <3 :)))
EURJPY Wave Analysis – 19 March 2025
- EURJPY reversed from resistance zone
- Likely to fall to support level 161.00
EURJPY currency pair recently reversed down from the resistance zone between the resistance level 163.80 (which has been reversing the price from January) and the upper daily Bollinger Band.
The downward reversal from this resistance zone created the daily Japanese candlesticks reversal pattern Shooting Star.
Given the overbought daily Stochastic, EURJPY currency pair can be expected to fall to the next support level 161.00.
MPWR LongMonolithic Power Systems ( NASDAQ:MPWR ) is a great stock that has been beaten down for no reason at all, its profit margins are elevated compared to sector peers and it's P/E ratio is lower than it's sector peers, meaning that the stock is undervalued in terms of fundamentals. Technical base, the stock was on a rising wedge and it dumped off of it, it's currently at buy range and its consistent earnings growth should push the stock higher.
PT: 1000 (±5)
Current price: 629.84
Fartcoin is ready to let rip!Looks like Fartcoin has reached my Bear Bottom , and is ready for a Breakout above $0.36. Some may even get Liquidated from their Shorts ripping a powerful wet one . If that happens, believe that Fartcoin shall be propelled to da moon ; Making me a Fartcoin Million Air!
Not everyone RWA or AI; Not everyone Game; Not everyone Defi; But everyone certainly Fart!
It is clear to me that since everyone in the US fart (including the institution people and "smart money"), it is hence effectively a "Made In the USA" crypto, and would undoubtedly be included as part of the US Crypto Reserves eventually.
So until then, HODL your Fartcoin tightly in the Bottoms !
Diamond Pants!
EURUSD Wave Analysis – 19 March 2025
- EURUSD reversed from resistance level 1.0930
- Likely to fall to support level 1.0830
EURUSD currency pair recently reversed down from the key resistance level 1.0930 (a former monthly high from November, which also stopped the earlier minor impulse wave iii).
The downward reversal from resistance level 1.0930 is likely to form the daily Japanese candlesticks reversal pattern Evening Star – a strong sell signal for EURUSD.
Given the overbought daily RSI and strongly bullish US dollar sentiment, EURUSD currency pair can be expected to fall to the next support level 1.0830 (low of the previous correction iv).
BTCUSD Daily Chart AnalysisBTCUSD Daily Chart Analysis:
As you can see on the daily chart, Bitcoin is currently at a critical juncture. We've witnessed a strong uptrend culminating in a high near $108,000, followed by a significant correction.
Key Levels:
Support: The $80,000 to $82,000 zone is proving to be a crucial support level.
Resistance: We have immediate resistance around $92,000 to $96,000, and the major resistance at the recent high of $108,000.
Technical Observations:
The recent pullback is testing the aforementioned support zone.
Crucially, I'm observing a bullish divergence on the RSI, indicating potential weakening of the downward momentum.
Additionally, a bullish MACD crossover is imminent, further reinforcing the possibility of a reversal.
Potential Scenarios:
If the $80,000 to $82,000 support holds, the bullish divergence and MACD crossover suggest a strong likelihood of a bounce. We could see a move towards the $92,000 to $96,000 resistance area. A successful break above that level could propel BTC back towards the $108,000 highs.
Conversely, a break below the $80,000 support would invalidate the bullish signals and likely lead to further downside, with potential targets around $76,000 and $72,000.
Conclusion:
Bitcoin is currently presenting a compelling setup. The confluence of a key support test, bullish RSI divergence, and a potential MACD crossover suggests a high probability of a bullish reversal. However, risk management is paramount, and traders should be prepared for potential downside if the support fails.
$SPY March 19, 2025AMEX:SPY March 19, 2025
15 Minutes.
50% retracement done for the move 549 to 569
Foe the fall 569.71 to 559.07 563-564 is good levels to short.
But we have converging moving averages in 9,21,100 and 200. So 559 +- should be a strong support.
As of now i am looking for longs above 568.
LRC: BULLISH divergence on daily chartBullish Divergence Confirmed:
Both the RSI (Relative Strength Index) and MACD (Moving Average Convergence Divergence) are showing bullish divergence on the daily chart. While the price has made a lower low, the RSI and MACD have formed higher lows, indicating weakening downward momentum and a potential trend reversal.
Low Market Cap Potential:
Given the coin’s low market capitalization, it has the potential for significant price appreciation if buying momentum accelerates, as low-cap assets are often more volatile and responsive to positive sentiment.
As always, monitor the trade closely and adjust your strategy as needed based on market conditions.
HSI charging forward, but watch that resistance!Helloy everyone,
Yesterday the Index performed quite well; bullish.
Trying to go back to the uptrend channel.
PEPPERSTONE:HK50
at point of writing ✍️:
MACD - Deadcross formed. Sell/Short at resistance level 24730-24650
BB - 23953(lower BB) mid-line:24350 (this is your 🗝️ level for your long/short TP/SL level)
Quote from 17/3/2025 post
For this week trade plan: Buy into support Sell at resistance. Set your TP/SL.
🚨 as of ✍️ :
🗝️ Level : 22979-23242(23374)- 23997- 24385 - 24586 - 24648 - 24945
To retest 24385 again.
Set your TP/SL, let the market do its thing, and ride the trend with confidence! Manage your risk/reward (r/r).
HSI continues its Bullish mode.
HSI:HSI
W Chart:-
📰 another +ve news, but this might be distraction. 🚨
www.tradingview.com
🎯 Reminder: Continue to accumulate China & HKG for the potential upside for the year! All retracement is a good entry point.
🔎 DYODD and don't listen to anyone. Invest in yourself, do some study and learn along the way while you trying to verify or finding the answer if to start invest in CHN/HKG markets. If you don't know how or where, you may ask Deepseek/Chatgpt for most reputable Trading courses nearest to you.
** Please Boost 🚀/LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Share your trading journey to encourage the trading buddies.
While wait for the markets cook, you may zen with 📙 and 🍵because stress won’t make the candles move! 🚶
Happy Trading!
AUD/JPY: Testing Key Downtrend as Bulls Eye 50DMA BreakAUD/JPY is testing downtrend resistance established in November, with a potential retest of the 50DMA in play. Momentum indicators, including RSI (14) and MACD, are flashing bullish signals, favouring an upside bias near-term.
If we see a break of the downtrend and minor horizontal support at 95.35, longs could be established above the latter with a stop beneath for protection. The 50DMA has repeatedly capped bullish attempts recently, making it a key hurdle—those entering should be prepared to cut if the price fails to break and close above it.
If cleared, 97.33 emerges as a potential target, with 97.96 and 99.10 as other topside levels to watch. A failure to sustain the breakout would invalidate the bullish bias.
Good luck!
DS
Why the Bitcoin Pi Cycle Indicator will not trigger this cycleIn this post, we’ll take a closer look at the Pi Cycle Indicator and explain why we believe it is unlikely to trigger in this cycle. Instead, we present an alternative signal that may better indicate the true Bitcoin top.
Understanding the Pi Cycle Indicator
The Pi Cycle Indicator has historically been highly accurate in predicting Bitcoin cycle tops. It consists of two simple moving averages:
The 111-day simple moving average (SMA) (blue)
The 350-day simple moving average (SMA) multiplied by two (green)
A signal is generated when the 111-day SMA crosses above the multiplied 350-day SMA, which is marked by a red vertical line.
Why This Signal Alone Isn’t Enough
While this signal has been useful in the past, we believe it doesn't provide the full picture—specifically, it doesn’t indicate how strong the crossover is. By transforming this indicator into an oscillator that measures the ratio between these two moving averages, we gain a more nuanced perspective:
In the chart, the green line represents the ratio between the two moving averages. When it crosses above the red horizontal line (ratio > 1), a Pi Cycle signal occurs (marked by a red vertical line). Notably, the 2017 signal was significantly stronger than the 2021 signal, suggesting a pattern of diminishing returns. We highly recommend checking out our post on diminishing returns and the overall timeline for the current cycle here . Additionally, we've developed our own Bitcoin model that factors in the effects of diminishing returns. Check it out here .
The TRUE cycle top signal
The key question is whether this diminishing return is strong enough to prevent a signal from forming in this cycle. Based on our analysis, we believe it is.
By extrapolating this trend into the future using a white diagonal trend line, it becomes clear that the ratio will likely remain below 1, meaning no crossover is expected this cycle.
Instead, we anticipate that the next Bitcoin top will occur at a ratio of approximately 0.9 , as indicated by the orange area on the chart.
In summary, while the Pi Cycle Indicator has been a reliable tool in previous cycles, its diminishing strength suggests that it may not trigger this time. Rather than relying solely on this metric, we suggest considering looking deeper into the true value of this indicator instead.
Total 2 Marketcap - Is this cycle repeating the last two cycles?In this analysis, we are discussing the possible repetition of the last two cycles by the total 2 (Crypto Total Market Cap Excluding BTC) on the monthly timeframe. By comparing this cycle in conjunction with the RSI and the Stochastic RSI with the previous two cycles we could make a statement that the market might follow the same bearish signals.
What did we see in the previous two cycles with regard to the price action and RSI
In both bullmarket cycles we saw the total 2 making highers highs and higher lows. In both instances the RSI made a lower high while the price action made a higher how consulting in a bearish divergence on the monthly timeframe.
What did we see in the previous two cycles with regard to the price action and Stochastic RSI
In the last two bullmarkets we saw the Stochastic RSI (momentum indicator) rising to levels above 80 on the indicator, overbought territory. This means that the momentum to the upside in the Crypto market is immense. However, in both instances the Stochastic RSI was in overbought territory during the first top. After the first top the momentum weakened and thus resulting in bearish momentum below level 80.
However, the momentum weakening, both cycles made a new higher high. By making a new higher high the Stochastic RSI made a bullish cross around the 40/50 level. Nevertheless, after making a new higher high and a new Stochastic RSI cross up the price fell, resulting in another bearish Stochastic RSI cross down.
What we can conclude is that in both previous cycles the Stochastic RSI made a cross down below the 80 level at the first top and made a second cross down around the 40/50 level during the final top.
How does the previous cycles relate to this current cycle
In this current bullmarket we see the Total 2 Marketcap rising and making higher highs and higher lows. However, this cycle looks alike the past two cycles in comparison with the price action, RSI and Stochastic RSI.
This Cycle the price action made higher highs and the RSI made a lower high. Thus, resulting in a bearish divergence.
Also, in this cycle the first peak occurred with the Stochastic RSI above the 80 level and breaking down at a later moment, resulting in bearish momentum. However, this cycle did the same as the previous two. With the bearish momentum the Total 2 Marketcap made a new high with a second Stochastic RSI cross down at the 40/50 level.
Conclusion
This cycle looks a lot like the past two cycles in comparison with the RSI and Stochastic and thus suggesting that there is a possibility that we go in to a new bearmarket and repeat the last two cycles. The current evidence shows that the market might follow the similar path again.
What is a bearish divergence
A bearish divergence signify potential downtrends when prices rally to a new high while the indicator (RSI) refuses to reach a new high and thus making a lower high.
Thanks for your support!
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Altcoins' Market Cap is About to Reclaim $1 Trillion..!Hello Traders 🐺
In my last idea about Altcoins' total market cap, I talked about the midterm price targets. Now, in this idea, I want to focus on the short-term volatility. As you can see in the chart, the price is already in a falling wedge pattern, and the target of the falling wedge is the top of the wedge. This means we are about to see a nice bounce in Altcoins, which could break BTC.D's upward movement and lead to a bigger correction.
In my opinion, in this case, we can also treat this pattern as a bull flag, and the target will vary accordingly. If you want to know more about the price target for TOTAL3, you can check my previous idea, where I also mentioned my final price target for this Altcoin Season. I hope you enjoy this idea! Don’t forget to like and follow! 🚀🔥
🐺 KIU_COIN 🐺