tradeCompass Summary Map for today’s ETH futures day traders Bullish threshold: $2425Bearish threshold: $2230 ETH has clearly improved from the February low and the chart now shows a decent repair phase with higher lows and a healthier short-term trend. But price is also nearing an important upper band and prior reaction area. So the market…
1. Trend & Structure Price is in a short-term bullish trend after breaking out of a consolidation structure.Currently, it is entering a pullback/retest phase after hitting a strong resistance zone.The ascending trendline is still intact ā priority is to BUY with the trend. 2. Resistance Zones 4,851 ā 4,853 ā Near resistance + rejection zone…
š Market Analysis 1) The 50 MA and 200 MA indicate a bullish sentiment, with price trading above both moving averages and supporting an upward bias. 2) A potential Inverse Head and Shoulders (H&S) pattern is forming, suggesting a possible bullish reversal upon confirmation of the neckline breakout. 3) Price is respecting an ascending trend…
XAUUSD Market Structure Update Price is currently trading around the 4,830 level, continuing its bullish movement within a well-defined ascending channel after a strong reversal from the lows. This suggests the market is in a sustained bullish structure, approaching a key supply area. ā¤ Market Structureā¢ Clear Higher Highs (HH) & Higher Lows (HL) ā…
USD/JPY is holding near 158.800: the pair is sensitive to differences in rate expectations between the US and Japan and to overall market sentiment. Reduced concerns about supplies through the Strait of Hormuz have weakened demand for safe-haven instruments, but an unstable news backdrop continues to support interest in the US dollar. From Japanās side,…
### š Today’s Core Trading Logic1. **Technical Bullish Structure Remains Unbroken, Rebound Continues š**On the daily chart, Bitcoin successfully broke through the previous $72,000ā$73,000 consolidation range and stabilized above short-term moving averages (EMA15, EMA30). The MACD indicator has formed a golden cross above the zero line with increasing volume. Although the red bars have slightly…
The XAUUSD 1H chart shows a clear Elliott Wave structure forming a bullish impulsive trend. Price appears to have completed a five-wave impulse to the upside, labeled (1) through (5), followed by the beginning of a corrective phase. Currently, the market is likely developing an ABC correction or a smaller degree wave (II) after finishing…
Silver (XAGUSD) rallied to $121.6 on January 29 before entering a sharp decline that reached $60.87. We identified that decline as wave (IV) in the Super Cycle degree, and the broader structure continues to support a constructive longāterm outlook. The metal has begun to recover from the wave (IV) low, and the next important test…
On the 1H timeframe, XAUUSD shows a clear Smart Money Concepts structure shifting from bearish to bullish. Initially, price formed a Bearish CHOCH, followed by a period of consolidation and multiple liquidity sweeps, indicating smart money accumulation. A strong Bullish CHOCH later confirms the shift in market structure, supported by displacement and the creation of…
Looking at this USDJPY pattern, you can immediately tell the market is in a state of “hesitation”. Neither side is clearly winning. News is still divided: the USD is being pushed up by inflation and oil prices, while the JPY is facing expectations of a firmer BOJ stance, but that hasn’t been strong enough yet….
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