CRV still bullish on HTF, but dips are possibleOn higher timeframes CRV still look awesome, although last week's dump increased chances for lower correction. But that still can change if price returns back above 2024 close - in this case only 0.99 will be on the way to breakout.
I don't have any CRV on spot. Not that I don't like it - just not ready to load a bag above 0.75 (might miss it completely, but I don't care)
Cryptomarket
ADA bullish reversal possibilityADA seem to be returning back to uptrend. At least it should grow to the top of that consolidation range around 1.1-1.2
Dips to 2024 close at 0.845 may be expected. Wicks can go below that level (down to 0..8), but for bullish bias to stay strong price shouldn't lose that level.
Bullish bounce off multi swing low aupport?Ethereum (ETH/USD) is falling towards the pivot and could bounce to the 50% Fibonacci resistance.
Pivot: 4,172.06
1st Support: 3,939.39
1st Resistance: 4,476.08
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.
50 & 100 SMA data since 2013 shows Bitcoin in Topping Zone
But is it ?
There are so many things to see here that conform to previous cycles and yet, there are somethings that just do not add up.
Let us start with the 50 SMA (Red) and the 100 SMA ( Blue)
We are focusing on the Crossover of these 2 Weekly SMA's and distance from and to ATH etc.
Let us start with this -
On the 2 previous cycles that we can use, when the 50 SMA crossed over the 100, to when it returned below.
On both these occasions, it was just over 1000 days ( 1008 & 1001 )
These are the day counts under the PA on the chart.
If we assume this cycle will run the same way, the 50 should return below the 100 in August 2026.
I am using this date line as an anchor to work back from.
One of the stand out things for me is the near 100 day decrease in day count from ATH to where the SMA's cross over after an ATH, where the 50 drops below the 100.
2013 - 504 days
2017 - 448 days ( 404 + 44 days)
2021 - 308 days
2025 - this could be projected in one of 2 ways, the average of all previous day counts, divided by 3, that equals 420 days. Or we simply count down 100 days from the 2021 count and end up with 208.( while understanding certain room for error )
Counting back from the expected crossover in 2026 we just talked about above, IF we are to use the 420 days from ATH to Crossover, shows us we may have already past the ATH Point.
The 208 day box shows us we still have time and the ATH will be in Jan 2026.
The January date has confluence in a number of charts and is also in the traditional end of year range of cycle ATH.
HOWEVER, if we now look at the day count from where the 50 crosses back over the 100, signalling bullish intent and momentum, to the next ATH, we have only 2 day ranges we can use.
Leading up to the 2017 ATH, we had 560 days.
To the 2021 ATH, it was 686 days.
If we use the average, we have a count of 623 days this cycle.
Projected onto the chart, we have past that date also
But, if we follow the idea that that day count increases by just over 100 days each time, ( the opposite of the decreases of 100 days previously used After the ATH) we end up with an ATH around January 2026, again.
( I am hoping this is shown on the main chart and if not, here it is.
Grey box under PA
This is pure and utter suggestion and relies heavily on the market moving in much the same way as previously.
But we all know things have changed some...
Another thing to notice, if you are waiting for the sudden parabolic rise of BTC price, is how the % rise from Low to ATH is getting smaller. I have talked about this in previous posts but, for now, it is enough to say that we will most likely NOT get a sharp spike higher.
And in fact, as shown here, we are already in that zone of TOPS....it can span months but a sudden rush higher, making 200%,,not going to happen
What I am noticing is how the distance between the 50 and the 100 is very similar to the run to 2017 ATH but with a very uniform rise. Almost a straight line.
It is being consistant and so, this may go on for a lot longer than previously.
And so, to project a line along ths path, to when we could expect an ATH in Dec / Jan, we are looking at a high of around 140K Max
Will this be the cycle High ?
We will have to wait and find out
stay safe
TOTAL2 Testing Support: Make or Break
TOTAL2 on the 1H is moving in sync with ETH, as expected.
We’re seeing the same local support zone, the same RSI & MACD bullish divergence, and the same death cross.
If today’s price action holds and bounces from this green support zone, then flips the daily open (black dotted line), that would mark a structural shift. Even on the 1H, it would suggest real buying pressure stepping in.
Of course, price could also lose this green support and head lower.
👉 This is exactly why risk management matters most right here.
Always take profits and manage risk.
Interaction is welcome.
TradeCityPro | XLM: Key Support Holding Amid Seller Pressure👋 Welcome to TradeCity Pro!
In this analysis, I want to review the XLM coin for you. It is one of the RWA projects with a market cap of $12.76 billion, currently ranked 13th on CoinMarketCap.
📅 Daily Timeframe
In the daily timeframe, this coin has reached a Maker Seller zone. So far, it has tested this zone twice and has been rejected both times.
🔍 In the second rejection, a lower high was formed, which shows weakness in the bearish trend. There is an important support level at 0.3629, and as long as the price remains above this level, the trend of this coin will stay bullish.
⚡️ If 0.3629 is broken, a deeper correction could extend to 0.3142. If the price continues to drop further, the main support of XLM will be around the 0.2244 zone.
✔️ However, if the price does not break below the 0.3629 level, I will try to open a long position with a breakout above the zone, because this level is very important, and its breakout could start a new bullish trend.
💥 The breakout trigger for this zone is currently at 0.4896, but in lower timeframes, we can find better triggers when the price reaches this level.
🔽 For a short position, we can open one if 0.3629 is broken, but for now, I will not open a short position, and if I take long positions, I prefer to do so on other coins instead of XLM.
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Bitcoin – Updated ScenarioBitcoin – Updated Scenario
BTC followed the expected move by retesting the 117,000 zone before turning lower, but the price action has not developed in line with the anticipated ABC correction under Elliott Wave theory. At present, price is showing signs of slipping below the 114,700 support, suggesting that the correction may not have ended at the wave 5 low as previously expected.
According to Dow Theory, this decline could extend towards the 113,000 area before the market attempts a stronger rebound. A descending channel has now formed, and price is reacting well to the upper trendlines, reflecting that short pressure remains dominant.
In this context, favouring short positions in line with the prevailing trend may improve the probability of success. The next target sits around 110,000 – an area where multiple levels of strong resistance converge across higher timeframes.
Short-term traders can take advantage of pullbacks towards the descending trendline to look for entries in the direction of the main move. Managing risk effectively is key here, and it is important to avoid rushing into longs while the corrective leg remains in play.
Downtrends often last longer than expected, but once selling pressure is exhausted, the recovery can be sharp. Patience and discipline are crucial in waiting for the right timing rather than going against the main flow.
#BTCUSD #Bitcoin #CryptoAnalysis #TechnicalAnalysis #PriceAction #ElliottWave #MACD #CryptoTrading #UKTrading #SwingTrading
LTCUSDT: Elliot waves AnalysisHello friends, if we examine the Litecoin chart based on Elliott waves, we can see that its five waves have completed and also its medium-term trend line has been broken, so we can expect a deep correction like this. This can only be an analysis and other scenarios should be examined.
ETH 1H | Signs of a Bottom, But Needs Confirmation
ETH on the 1H timeframe
ETH has lost the 0.5 Fib at $4310 and is now testing the local support zone.
1. A death cross occurred at the start of the week.
2. RSI and MACD are both showing bullish divergence.
3. Price is trying to hold local support.
Put together, these signs could signal a potential bottom, but confirmation is key.
If support holds, the setup strengthens. Until then, we watch it unfold.
Always take profits and manage risk.
Interaction is welcome.
BTC Crashing To 110kAfter taking out ATH last week, BTC broke structure to the downside on the 8h with a quick retest of the FVG. Price is now trending towards the next major support level at 111,930. If price breaks this level, we could see a retest and accumulation of new buy orders at 110k level.
Do you see price breaking below 110k?
#btc #short #analysis #smartmoney
S&P 500 on the Edge – Crypto Awaits the Signal📉📊 S&P 500 on the Edge – Crypto Awaits the Signal 🧠⚠️
Hey Traders! Quick note before we dive in — apologies for the audio quality in this update 🎙️. I had the wrong mic set up (classic move!), but the charts are what matter, and we’ve got some serious levels to respect.
🔙 Back from the Holidays – Still All In
Mid-August is a special time here in Cyprus and Greece, and I took a well-deserved breather with family and friends. But rest assured, I haven’t been idle — behind the scenes, I’ve been working intensely on indicators to elevate my TradingView game — and why not yours too, eventually? 😉
(Just to be clear: no advertising, no selling — just sharing my process and market views, as always.)
📌 The Big Picture – S&P 500
We’re back at that critical level: 6432 .
✅ Above = market stays optimistic
❌ Below = correction risk increases, likely toward 6223
Right now, the odds lean 41% upside / 59% downside , and considering we’re at all-time highs, caution is wise. Buying ATHs is never the best strategy unless confirmed by momentum.
🪙 Bitcoin – Caught Between Key Levels
BTC is sandwiched between two key zones:
🔺 Reclaiming 116,525 = bullish signal
🔻 Losing 115,000 = exposes downside to 110,000
This is a true 50/50 — stuck below a broken ascending channel and flirting with a violated S/R level. Stay reactive, not predictive.
💪 Ethereum – The Strongest Major
Ethereum continues to outperform. Today we didn’t catch the day-trade long, but the 4,210 level is major support.
ETH market dominance is rising steadily — the charts reflect it.
🧩 Altcoin Insights
- ARB : Reclaim 0.54 for possible move to 0.76
- XRP : Key support at 2.93 . Break higher? We could see 3.33+
- ADA : Watching 0.87 support. Below that? Caution.
Market-wide, TOTAL and altcoins are still sluggish. Until momentum returns, tactical plays > emotional ones.
🧠 Summary:
- 📍 S&P 500 is the key signal.
- 📉 BTC & ETH stuck, waiting on that SPX cue.
- 📊 ETH leads the pack — but patience is key.
- ⚖️ Altcoins are mixed, respect your levels.
This market is full of potential — but clarity comes from levels, not guessing. Let’s trade smart. 🔍
One Love,
The FXPROFESSOR 💙
Disclosure: I am happy to be part of the Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Awesome broker, where the trader really comes first! 🌟🤝📈
Why Is Crypto Tumbling? A Trader's Guide to the Recent Sell-OffWhy Is Crypto Tumbling? A Trader's Guide to the Recent Sell-Off 📉
🚨 If you're watching the markets today, you've seen the sea of red. Bitcoin, Ethereum, and major altcoins have experienced a significant pullback, leaving many to wonder about the cause.
While sharp drops can be unsettling, for the strategic trader, they are critical moments to analyze, not to panic. The current downturn isn't random; it's driven by a convergence of clear geopolitical, technical, and macroeconomic factors.
Here’s a breakdown of what’s happening behind the charts:
1. Geopolitical Uncertainty 🌐
High-stakes diplomatic meetings are underway involving the US, EU, and Ukrainian leaders to discuss the Russia-Ukraine peace deal. Markets inherently dislike uncertainty. As traders await a clear outcome, many are de-risking their portfolios, leading to selling pressure on assets like cryptocurrencies.
2. A Healthy Market Reset 📊
The crypto market just came off a powerful rally where many assets saw gains of 50-100%. This rapid rise led to a buildup of high-leverage positions. Today's dip is forcing a "leverage flush," liquidating over-extended traders. While painful for some, this is a standard market mechanism that washes out speculative excess and often creates a more stable foundation for future growth.
3. Shifting Macroeconomic Tides 📉
Just a week ago, a September interest rate cut was seen as a certainty. Now, recent economic data has slightly lowered those odds. Financial markets, including crypto, are incredibly sensitive to central bank policy. The market is now pricing in this small but significant shift in expectations, contributing to the downward pressure.
The Trader's Perspective: Opportunity in Volatility 💡
So, what does this all mean? It underscores a core principle of successful trading: volatility has a source.
For the prepared trader, this isn't a signal to abandon ship. It's a signal to consult your strategy. This is precisely the kind of environment where a clear, data-driven forecast becomes invaluable.
By understanding the root causes of the sell-off, you can better anticipate market structure, manage risk, and identify potential zones of support where "smart money" may begin to re-accumulate.
This is where the difference between a professional and a novice trader becomes clear. Experienced traders welcome every correction or pullback in the market, seeing it as an opportunity to re-enter and profit from the next upward wave. 📈
Therefore, instead of worry and stress, shift your focus to finding key reversal points and defining new entry zones (Watchboxes) for future trades at more attractive prices. View this price correction as a strategic opportunity, not a threat. 🚀
What are your thoughts on this pullback? Are you seeing it as a risk or an opportunity? Let's discuss in the comments. 👇
Trade Smart!
Navid Jafarian
Investing vs. Speculating in Crypto: Stop Mixing the TwoThe crypto market is in a correction, and every time this happens, I see the same pattern repeat: traders and investors talking about the moon — expecting 10x or 100x — but the moment their coin drops by 10%, they panic. They ask “What’s wrong?” or panic that the project is failing.
This is a misunderstanding of what it means to invest versus what it means to speculate. Let’s clear that up.
🚀 The Investor’s Perspective
If you believe Bitcoin is going to 500,000 USD, do you really care if it dips under 100k before reversing?
If you bought Solana with the vision of 1,000 USD, why should a retest of 150 USD make you nervous?
Investors understand:
Markets never move in a straight line.
Patience is essential — big returns require time.
Short-term corrections don’t change a solid long-term thesis.
If you’re aiming for 5x or 10x, you must accept that it takes months or years, not days.
⚡ The Speculator’s Perspective
Speculators play a different game:
They focus on short-term setups.
They use technical analysis and momentum.
They might even short-sell when the conditions align.
Both are fine — but the problem begins when people think they’re “investors” while acting like speculators every time the market moves against them.
🎯 Targets, Plans, and Patience
Here’s what most forget:
The market isn’t a straight line up designed for your convenience or for your dream Lambo
You need to set a clear target and be patient.
Want 5x on BTC? Or 10x on a strong altcoin? Then you’ll have to wait for it.
If you expect daily gains and can’t handle normal corrections, you’re not investing — you’re speculating without realizing it.
🤡 The Quick 10x Illusion
Yes, you can chase 10x in a day or two with meme coins on DEXes. Sometimes it works, most times it ends with rugs or sudden collapses. That’s not investing. That’s just gambling, and you can’t complain when it goes wrong.
✅ Final Thoughts
Decide who you are:
As an investor, set your targets, trust your thesis, and don’t panic on corrections.
As a speculator, play the short-term moves but accept the inherent risks and use discipline.
Crypto can deliver very big returns — but only if you stop mixing long-term conviction with short-term panic.
Patience and discipline will always beat hype. 🚀
P.S.
Let’s take a concrete example: since April, ETH tripled in value in a nearly straight line. What do you expect — for it to keep rising like that to 25k by the end of the year?
Do you look at your portfolio daily expecting more money every single day?
Think also of those who bought ETH with 10 million dollars, not just 3 ETH for 5k.
Maybe they want to mark profits.
Maybe they need a new yacht:)
Their selling affects the market too — and corrections are part of the bull runs.
Analytics: market outlook and forecasts📈 WHAT HAPPENED?
After a positive start to the week and the ATH update on Thursday, bitcoin went into a rapid correction. This happened against the background of negative macroeconomic data from the United States, which increased pressure on the market.
In the daily analysis we noted weak protection from buyers and recommended to refrain from opening long positions.
After testing local resistance around $118,480, the decline continued, and the price reached the next support zone — $115,300–$114,000 (accumulated volumes).
💼 WHAT WILL HAPPEN: OR NOT?
Currently, there's a limit absorption of market sales inside the resistance zone. When a market buyer becomes active, an initial rebound is possible.
However, there are no reversal formations for buys in the medium-term structure: even with a strong buy-back, we should expect a second wave of sales from the $117,200-$119,000 zone (accumulated volumes). It's worth going long only with obvious signs of sellers' weakness — as long as the structure remains favorable for shorts.
If the market buyer doesn't show itself in the current zone, the next reduction target will be the $112,000 level.
Buy Zones:
• $115,300–$114,000 (accumulated volumes)
• $110,000–$105,000 (accumulated volumes)
Sell Zones:
• $117,200–$119,000 (accumulated volumes)
• $121,200–$122,200 (buy absorption)
IMPORTANT DATES
We're following these macroeconomic developments this week:
• Wednesday, August 20, 2:00 (UTC) — announcement of the New Zealand interest rate decision for August;
• Wednesday, August 20, 6:00 (UTC) — publication of the UK Consumer Price Index (CPI) for July;
• Wednesday, August 20, 9:00 (UTC) — publication of the Eurozone Consumer Price Index (CPI) for July;
• Wednesday, August 20, 18:00 (UTC) — publication of FOMC minutes;
• Thursday, August 21, 12:30 (UTC) — publication of the number of initial applications for unemployment benefits in the United States for August and the index of US manufacturing activity for August from the Federal Reserve Bank of Philadelphia;
• Thursday, August 21, 13:45 (UTC) — publication of business activity indices (PMI) in the manufacturing and services sectors of the United States for August;
• Thursday, August 21, 14:00 (UTC) — publication of data on sales in the US secondary housing market for July;
• Friday, August 22, 6:00 (UTC) — publication of German GDP for the second quarter of 2025;
Friday, August 22, 14:00 (UTC) — speech by Federal Reserve Chairman Jerome Powell.
*This post is not financial recommendation. Make decisions based on your own experience.
#analytics
TradeCityPro | Bitcoin Daily Analysis #156👋 Welcome to TradeCity Pro!
Let’s go for the Bitcoin analysis. The weekly candle finally closed, and the market’s first move was bearish. Let’s see what’s going on today and what positions can be opened.
⏳ 4-Hour Timeframe
Yesterday Bitcoin made a DCB move and then broke the support zone it had formed.
🔔 Currently, Bitcoin has made a bearish leg and is now around the 115,318 zone. The selling volume that entered Bitcoin has been very high, and if this volume continues to increase, the probability of a move toward 112,233 will be higher.
✔️ If you remember, in previous analyses I told you that if the new weekly candle of Bitcoin opened green, the price could continue moving upward this week and the next bullish leg could start. On the other hand, if the candle opened red, then Bitcoin would probably range the whole week and the market wouldn’t show crazy volatility.
🔽 The bearish scenario happened yesterday, and in my opinion, the market will enter a deeper correction this week. However, I still think as long as the price is above 110,000, the trend remains bullish and the probability of continuation is higher than the trend being over.
🔍 For now, I’m not opening any new positions because the market structure is not very interesting, and based on my strategy, it doesn’t provide attractive setups. That’s why I’m focusing on my other tasks like journaling and managing my previous positions, while keeping an eye on the market in case conditions improve.
❌ Disclaimer ❌
Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel.
Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
TradeCityPro | AVAX Eyes Breakout Beyond Major Resistance👋 Welcome to TradeCity Pro!
In this analysis, I want to review the AVAX coin for you. It’s one of the popular crypto projects, with a market cap of $9.93 billion, currently ranked 18th on CoinMarketCap.
⏳ Daily Timeframe
On the daily timeframe, after AVAX was supported at the 16.46 zone and broke the 18.77 trigger, it made a bullish move up to the 26.59 high. With the break of 18.77, we could have opened a long position.
💥 There is a Maker Seller zone near the 26.59 area. This is a very important zone, and breaking it can lead to the start of the main bullish trend of AVAX.
🔔 If the 26.59 zone is broken with a trigger, I will open a long position. The first target on AVAX is 35.06, and before this area, there aren’t any major resistances.
📈 If the price does not make a lower low below 20.82, the probability of breaking 26.59 increases and the next bullish move will be easier to form.
✔️ However, if the price stabilizes below this zone, the 26.59 trigger is still valid, but we will probably have more attractive entry points. In that case, I will update the analysis for you and share those entry points.
🔽 For a short position, the first logical trigger in my opinion is breaking 16.46. Although it is far from the current price, this area is the bottom of the box, and its break could start a new bearish trend.
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
BNBUSD H4 | Potential bearish dropBNB/USD has rejected off the sell entry, which acts as a swing high resistance and could drop from this level to the downside.
Sell entry is at 856.99, which is a swing high resistance.
Stop loss is at 894.52, which aligns with the 127.2% Fibonacci extension.
Take profit is at 779.39, which is a pullback support that is slightly above the 78.6% Fibonacci retracement.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Global LLC (tradu.com ):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
BCHUSD H4 | Falling towards major supportBitcoin Cash (BCH?USD) is falling towards the buy entry, which is an overlap support that aligns with the 61.8% Fibonacci retracement and could bounce from this level to the upside.
Buy entry is at 541.09, which is an overlap support that lines up with the 61.8% Fibonacci retracement.
Stop loss is at 503.57, which is a pullback support that lines up with the 138.2% Fibonacci extension.
Take profit is at 589.33, which is a pullback resistance.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Global LLC (tradu.com ):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Falling towards pullback support?Ethereum (ETH/USD) is falling towards the pivot, which has been identified as a pullback support and could bounce to the 1st resistance.
Pivot: 4,096.19
1st Support: 3,440.61
1st Resistance: 5,162.78
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.
ETH’s Predator Move on the 30min time rame
This is ETH on the 30min timeframe over the past 3 weeks.
It started on Monday, July 28, when price was rejected at the $4K resistance after a Sunday night pump. What followed was nearly half a week of chop, then a drop that found support at the 0.5 Fib = $3391 (the midpoint between the 0.382 and 0.236 levels). From there, ETH rallied +43% to its ATH.
Last week, the same scenario repeated: price rejected from ATH (0 Fib), chopped half a week, then fell Sunday night, this time finding support at the 0.5 Fib = $4303 (the midpoint between the 0.236 and 0 levels).
Now the question is: will this 10% drop be enough to reload for another attempt at ATH, or will price need to retrace deeper to gather the liquidity needed?
One thing is certain: this is a leverage flush. If you’re riding high leverage, understand that you are the prey, and price is the predator. To survive, you need to shed some leverage weight before it catches you.
Always take profits and manage risk.
Interaction is welcome.