Saturday, June 14, 2025

Cardano Weekly, Update

Cardano Weekly, Update

Cardano / TetherUS BINANCE:ADAUSDT

Cardano weekly doesn't look as good as XRP and Ethereum, this is true because I am using the same indicators.

Here we can see ADAUSDT trading below EMA34 and MA200. We can even see an attempt this week to move higher followed by a rejection, this means that there can be some more bearish action before higher prices but this bearish action can easily happen short-term. Why? Because Cardano has already been dropping for five weeks straight.

The rise from the 7-April low lasted a total of six weeks. The week that produced the peak is also the first week of lower prices. So we can say 6 weeks up and four weeks down, or, five weeks up and five weeks down.

The thing is that the market seeks balance and this retrace is already big enough and has been going long enough. Yes, the action is happening below these moving averages but this can easily change.

Short-term bearish.

» ADAUSDT will continue bearish as long as it trades weekly below the $0.7050 - $0.6875 price range. When ADAUSDT moves and closes above this range, the bullish bias is confirmed. Any trading below and we wait.

Thank you for reading.

Your support is appreciated.

Namaste.



source https://www.tradingview.com/chart/ADAUSDT/fRKbm2FN-Cardano-Weekly-Update/

Friday, June 13, 2025

CMC Market Pulse: Middle East Tensions Shake Up Markets

EURUSD Long-Term Breakout Setup? Wyckoff + High Volume Breakout

EURUSD Long-Term Breakout Setup? Wyckoff + High Volume Breakout

Euro/US Dollar FX:EURUSD

๐Ÿ“ Chart: EURUSD — Monthly
๐Ÿ“ˆ Tools Used: Wyckoff Logic, Volume Profile, Candle Volume Analysis, Trendline Structure



๐Ÿ” Market Context
Since 2015, EURUSD has been ranging between ~1.05 and ~1.15, forming a broad horizontal consolidation zone. This structure appears to resemble a potential long-term accumulation phase, according to Wyckoff theory.

Recently, we've seen a breakout of a multi-year descending trendline, accompanied by a candle with volume significantly above the historical monthly average. This is not a minor signal — it could indicate strong institutional interest and a possible Change of Character (ChoCh).



๐Ÿ“Š Volume Profile Observations
- Volume has been heavily concentrated around the 1.13–1.14 region, suggesting this may act as a springboard for higher prices.
- The breakout candle didn’t yet escape the overall range, but its volume and momentum show a clear deviation from previous attempts.



๐Ÿ“ Technical Structure
- Break of descending trendline (in place since 2008 highs)
- ๐Ÿ”บ Monthly close above trendline with strong volume
- ๐ŸŸง Price still within the upper half of the 2015–2024 range and pushing



๐Ÿง  Wyckoff Interpretation
This could be a Phase D transition — where price begins testing the upper boundary of the accumulation. If a breakout above 1.20–1.22 occurs with confirmation, we may see Phase E: the mark-up.

In this case, a major macro trend shift may be underway.



๐Ÿ“Œ Conclusion
EURUSD may be in the early stages of a long-term bullish reversal. Volume, structure, and context all support this hypothesis — though confirmation would come only with a decisive breakout from the range.

Many trades and allocations oportunities on the way.

Not financial advice. Educational use only.



๐Ÿงญ What to watch next:
- ๐Ÿ”น Monthly close above 1.16 (high volume candle)
- ๐Ÿ”น Volume confirmation in breakout
- ๐Ÿ”น Retest of volume cluster around close of high volume candle (1.13-1.14)



source https://www.tradingview.com/chart/EURUSD/G85R91nQ-EURUSD-Long-Term-Breakout-Setup-Wyckoff-High-Volume-Breakout/