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Trend Analysis

Ethereum (ETH/USD) Key trading levels, The Week Ahead 03rd MarchEthereum (ETH/USD) remains in a bearish trend, aligned with the longer-term prevailing downtrend. The price action suggests continued selling pressure, with critical resistance and support levels defining the next move. Key Technical Levels Immediate Resistance: $2,490 (previous support, now acting as resistance) Major Resistance Levels: $2,634 $2,785 Key Support Levels: $2,100 $2,016 $1,906 Bearish Scenario: Rejection at $2,490 If ETH fails to break above $2,490, it would confirm the resistance level’s strength. A bearish rejection from this zone could lead to renewed selling pressure. Downside targets include $2,100, followed by deeper support at $2,016 and $1,906 over the longer timeframe. Bullish Alternative: Breakout Confirmation A daily close above $2,490 would invalidate the immediate bearish outlook. A sustained breakout could trigger an upward move toward $2,634 as the next resistance level. A continuation of buying momentum could lead to a rally toward $2,785, reinforcing a potential shift in market sentiment. Conclusion ETH/USD remains bearish unless it can reclaim and hold $2,490 as support. A rejection from this level could extend the downtrend, while a breakout above resistance would signal a potential trend reversal. Traders should monitor price action closely around these levels for confirmation of the next move 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.
TRADENATION:ETHUSD
by TradeNation
Brenker block or Order Block + Inducement = Profits EverywhereHello everyone, happy new week and a happy new month of March to you all !!! First of, fundamentals are heavy on EURUSD this week, like really heavy. Coupled with the fact that this is non-farm payrolls week. (Fundamentals). Secondly, there was a market Structure shift last week which is signaling shorts. This setup overall has a stop loss of less than 35 pips from the breaker block but if you need a tighter Stop loss then you can use the other point of interest which is the order block i marked out. Use proper risk and money management and do not over-leverage your account. Most especially, do your own analysis !
Short
by LaBOSS_FX
Bullish bounce off pullback support?The Cable (GBP/USD) is falling towards the pivot which has been identified as a pullback support and could bounce to the 1st resistance. Pivot: 1.2501 1st Support: 1.2328 1st Resistance: 1.2858 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Long
by ICmarkets
2
BANKNIFTY : Intraday Trading levels and plan for 03-Mar-2025 This analysis provides a comprehensive trading plan for the BANKNIFTY index on March 3, 2025, covering all possible opening scenarios. We will evaluate Gap-Up, Flat, and Gap-Down openings (with gaps of 200+ points) and outline clear action points, key levels, and risk management strategies. This plan is designed to help traders navigate the market with precision and discipline. 📈🔍 🔹 Scenario 1: Gap-Up Opening (200+ points) If BANKNIFTY opens above 49,131 (a gap of 200+ points from the previous close of 48,931), it signals strong bullish momentum. This opening suggests aggressive buying interest, potentially driving prices higher after recent downside pressure. If the price sustains above 49,131, it could target the resistance zone of 49,524–49,782. This zone is a profit-booking area where selling pressure may intensify due to historical resistance and recent highs. If the price faces rejection at 49,524–49,782, a reversal trade could be considered, targeting a pullback to 48,813–48,931 (opening support/resistance and previous close). Should the price break above 49,782 with strong momentum (e.g., high volume and bullish candlestick patterns), we might see a rally toward 50,000 or higher. ✅ Trade Plan: ✔️ Buy on a breakout and retest of 49,131 , targeting 49,524–49,782. Use a stop-loss below 48,931 to manage risk. ✔️ Short if the price rejects 49,524–49,782, aiming for 48,813–48,931. Place a stop-loss above 49,782 to limit potential losses. Explanation: A Gap-Up opening of 200+ points indicates a potential reversal from the recent downtrend. Waiting for a retest of 49,131 confirms bullish intent, while the resistance at 49,524–49,782 acts as a natural profit-taking zone. A rejection at this level could signal a shorting opportunity if bearish momentum resurfaces. 🔹 Scenario 2: Flat Opening (Near 48,931–48,813) If BANKNIFTY opens within the range of 48,931–48,813, it suggests a balanced market with no clear directional bias, likely consolidating near recent support levels. This zone acts as a critical opening support/resistance area. A breakout above 48,813 could drive prices toward 49,524–49,782, signaling bullish momentum and a possible trend reversal. A breakdown below 48,931 might lead to selling pressure, targeting 47,573–47,363 (buyer’s support/must-try zone) or even 47,300 (key support level). ✅ Trade Plan: ✔️ Buy above 48,813 , targeting 49,524–49,782. Use a stop-loss below 48,931 to protect against a false breakout. ✔️ Sell below 48,931 , targeting 47,573–47,363 or 47,300. Set a stop-loss above 48,813 to manage downside risk. Explanation: A Flat opening within the 48,931–48,813 range indicates the market is in a consolidation phase, a no-trade zone unless a breakout occurs. Traders should wait for clear price action (e.g., strong candlestick patterns or increased volume) to confirm a breakout above 48,813 for a bullish move or a breakdown below 48,931 for a bearish move, avoiding premature entries. 🔹 Scenario 3: Gap-Down Opening (200+ points) If BANKNIFTY opens below 48,731 (a gap of 200+ points from the previous close of 48,931), it signals bearish sentiment and potential weakness, testing lower support levels. Immediate support lies at 47,573–47,363 (buyer’s support/must-try zone). If this holds, a pullback toward 48,931–48,813 could occur. If 47,573 breaks with strong selling pressure, expect further downside toward 47,300 (key support level for a possible reversal). ✅ Trade Plan: ✔️ Buy near 47,573 , targeting a pullback to 48,931–48,813. Use a stop-loss below 47,363 to limit risk. ✔️ Short below 47,573 , targeting 47,300. Place a stop-loss above 47,573 to protect against a quick recovery. Explanation: A Gap-Down opening of 200+ points suggests continued downward pressure, but support at 47,573–47,363 could trigger a rebound if it holds. Waiting for confirmation near 47,573 ensures the price isn’t just oversold, while a break below this level confirms bearish momentum for shorting. The 47,300 zone is a critical level for a potential reversal if buying interest emerges. 📌 Risk Management Tips for Options Trading 💡 🛑 Always Use a Strict Stop-Loss: Protect your capital by setting stop-loss orders at key support/resistance levels to limit potential losses. 🎯 Take Partial Profits: Lock in gains at intermediate targets (e.g., 49,524 or 47,573) to secure profits while allowing room for further moves. 🕰️ Avoid Overtrading: Stick to the plan and wait for clear price action confirmation—don’t force trades in uncertain conditions. 💰 Use Proper Position Sizing: Risk only a small percentage of your capital (e.g., 1–2%) per trade to ensure longevity in the market. 📌 Summary & Conclusion 🎯 ✔️ Bullish Above: 48,813 → Target: 49,524–49,782. ✔️ Bearish Below: 48,931 → Target: 47,573–47,363 or 47,300. ✔️ No Trade Zone: 48,931–48,813 (Wait for a breakout). Trade with discipline, follow your plan, and prioritize risk management to navigate the BANKNIFTY market effectively on March 3, 2025. 🚀 ⚠️ Disclaimer I am not a SEBI-registered analyst. This analysis is for educational purposes only. Please consult your financial advisor before making any trading decisions. 📉📈
NSE:BANKNIFTYShort
by LiveTradingBox
Important support and resistance zone: 1.0302 ~ 1.2214 Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost". Have a nice day today. ------------------------------------- (ADAUSDT 1W chart) The key is whether it can receive support at the important support and resistance zone and rise to around 1.3678. If not, whether it can support around 0.8836 is important. - (1D chart) The key is whether it can be supported in the Fibonacci ratio range of 0.5(1.0302) ~ 0.618(1.2214). If not, whether it can be supported in the vicinity of 0.8451-0.8836 is important. The reason is that the price must be maintained above the M-Signal indicator on the 1D, 1W, and 1M charts to continue the uptrend. - Thank you for reading to the end. I hope you have a successful trade. -------------------------------------------------- - ​​Big picture I used TradingView's INDEX chart to check the entire range of BTC. (BTCUSD 12M chart) Looking at the big picture, it seems to have been following a pattern since 2015. In other words, it is a pattern that maintains a 3-year bull market and faces a 1-year bear market. Accordingly, the bull market is expected to continue until 2025. - (LOG chart) Looking at the LOG chart, we can see that the increase is decreasing. Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective. Therefore, we do not expect to see prices below 44K-48K in the future. - The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015. That is, the Fibonacci ratio of the first wave of the uptrend. The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019. Therefore, this Fibonacci ratio is expected to be used until 2026. - No matter what anyone says, the chart has already been created and is already moving. It is up to you how to view and respond to it. Since there is no support or resistance point when the ATH is updated, the Fibonacci ratio can be appropriately utilized. However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as a support and resistance role. The reason is that the user must directly select the important selection points required to create the Fibonacci. Therefore, it can be useful for chart analysis because it is expressed differently depending on how the user specifies the selection point, but it can be seen as ambiguous for use in trading strategies. 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 134018.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 -----------------
by readCrypto
BTC/USDT 1D chart reviewHello everyone, let's look at the 1D BTC chart for USDT, in this situation we can see how the price moves in the local channel of the downward tendu in which we currently see a strong reflection and a quick return price around the upper border of the channel. However, let's start by defining goals for the near future the price must face: T1 = 94020 $ T2 = 97698 $ Т3 = 102865 $ T4 = 109520 $ Let's go to Stop-Loss now in case of further declines on the market: SL1 = 91130 $ SL2 = 88503 $ SL3 = 84723 $ SL4 = 81673 $ Looking at the MacD indicator, you can see that despite S
by cryptodailyuk
EURUSD 2/3/25This week, we’re looking at EUR/USD again for further bearish movement. Last week, we hit our targets after selling off from the yearly auto and high. Now, we’re aiming for lower targets once more, expecting price to continue bearish in alignment with our Orion bias. As shown in the top right corner, we have strong downside targets. As always, look for a pullback to the highs before selling. If short-term highs form, those can also serve as sell opportunities, leading price down into the lows. Stick to your risk management and follow Orion.
by PipSurfingSociety