Analysis $TAO last 24h --- ### **1. Technical Analysis and Market Profile** #### **Market Structure (1h/24h):** - **Initial Balance (376.1–406.0):** The wide initial range indicates high volatility in the early trading phase, with a high at **418.8** and a low at **376.1**. - **Value Area (382.9–406.1):** About 70% of the volume is concentrated in this area, with **POC (Point of Control)** at **382.9**, a key support level. - **Open Range (393.0–400.1):** The relatively narrow opening compared to the Initial Balance suggests a consolidation phase after the initial moves.
📉 **Update $ETH : Analysis and Trading Scenarios** 📉
🔍 **Market Analysis**: - **Downward Trend**: The market has shown a significant downside, with the price dropping from a high of 2721 to a low of 2569. - **Increased Volatility**: The profile range has widened, indicating increased volatility. - **New Key Levels**: The POC has dropped to 2590.1, and the Value Area has moved lower (2585.5 - 2640.8). 🎯 **Trading Scenarios**: 1. **Downward Continuation**: Watch for a break below 2585.5 on high volume. Target: supports below 2570. Stop loss: above 2590.1. 2. **Range Trading**: Buy near 2585.5 and sell near 2640.8, using tight stop losses. 3. **Bullish Reversal**: Watch for a reversal pattern or a breakout above 2715.6 on strong volume. Target: resistances above 2720. Stop loss: below POC. 💡 **Trader Tips**: - **Risk Management**: Use risk management strategies to protect yourself from adverse price movements. - **Volume Monitoring**: Pay attention to volumes to confirm breakouts or reversals.
📊 Ethereum ($ETH ) Market Analysis last 24 hours📊 🌐 Market Overview 🌐 Ethereum has shown significant volatility over the past 24 hours, presenting exciting opportunities for traders. Let's dive into the key levels and potential trading scenarios based on our market profile analysis. 🔍 Key Levels to Watch 🔍 Initial Balance: (2634.99, 2655.39)Open Range: (2634.99, 2652.88)POC (Point of Control) Price: 2695.35Profile Range: (2640.3, 2723.15)Value Area: (2664.6, 2723.15) 📈 Price Action and Volume 📈 The price of ETH/USDC has ranged from around 2637 to a high of 2725, with notable volume spikes indicating strong market interest. The current price is hovering around 2712.03, near the upper end of the value area. 🎯 Potential Trading Scenarios 🎯 Bullish Breakout: Entry: Watch for a break above 2723.15 with strong volume.Target: Aim for recent highs or resistance levels above 2725.Stop Loss: Set below the POC at 2695.35. Bearish Reversal: Entry: Monitor for a failure to hold above the POC and a drop below 2664.6.Target: Look towards the initial balance lows around 2634.99.Stop Loss: Place above the POC or the upper end of the value area. Range Trading: Strategy: Trade within the value area, buying near 2664.6 and selling near 2723.15.Risk Management: Use tight stop losses and take profits at the opposite end of the value area.
Updated Analysis $ETH Comparison with Yesterday: - Sustained Increase: Price rises from 2743.2 to 2833.7 (+3.3%), maximum at 2857.09 (new high from 03/02). - Expanding Value Area (VA): 2723.4–2788.2 (vs 2640–2779 yesterday), with POC at 2772.0 (dynamic support). - Moderate Volume: Peaks <6k ETH (vs 17k yesterday), accumulation signal without excessive selling pressure. Key Levels - Supports: - POC (2772.0): Base for new increases. - VA Low (2723.4): Lower limit of fair value. - Resistances: - VA High (2788.2): Passed, now support. - Profile Range High (2854.2): Immediate target. Scenarios and Actions 1. Continue Rally (Hold above 2854.2): - Conditions: Volume >5k ETH and close above 2854.2. - Actions: *Long* to 2900 (liquidity gap), SL 2800. - Extension: Break 2900 target at 3000 (historical resistances). 2. Retest of VA High (2788.2) as Support: - Conditions: Pullback with low volumes (<3k ETH). - Actions: *Long* to 2788.2 (VA high), SL 2755. Target 2854.2. 3. Breakout of POC (2772.0): - Conditions: Close below 2772.0 with volumes >6k ETH. - Actions: *Short* towards 2723.4 (VA low), SL 2800 Trading Strategy - Intraday: - Buy on retest 2788.2 (target 2854.2), SL 2755. - Breakout 2854.2 → add long, trailing SL 2%. - Swing Trading: - Hold long above 2772.0 (POC) with scaled take profits (2854.2, 2900). - Sell-off below 2772.0: Short towards 2723.4, SL 2800. - Risk Management: - Max risk 1.5% per trade. - Beware of false breakouts: confirm with closes and volume. Conclusion: Uptrend strengthened, but proximity to 2854.2 (key resistance) calls for caution. Priority to defend 2788.2 (former VA high) as dynamic support. Low volume suggests possible corrections, but structure favorable to bulls.
- High Volatility: High at 2838.59 (04/02 14:00) and low at 2633.56 (04/02 23:00), close at 2743.2 (-1.5% vs yesterday). - Bearish Value Area (VA): 2640.1–2779.75 (vs 2573–2711 yesterday), with POC at 2640.1 (new critical support). - Significant Volume: Peaks at 17k ETH (04/02 20:00 and 22:00) during sell-off, followed by moderate recovery. --- Key Levels - Supports: - POC (2640.1): Equilibrium zone, break below opens to new lows. - VA Low (2640.1): Coincides with POC, strong support. - Resistances: - VA High (2779.75): Upper limit of "fair value". - Profile Range High (2831.3): Key resistance. --- Scenarios and Actions 1. Bullish Recovery (Breakout >2779.75): - Conditions: Volume >8k ETH and close above 2779.75. - Actions: Long towards 2831.3 (test of the high), SL 2740. - Extension: Breakout of 2831.3 target at 2900 (liquidity gap). 2. Rejection at VA High and Return to POC: - Conditions: Price fluctuates below 2779.75 with weak volumes (<5k ETH). - Stocks: Short-term short towards 2640.1 (POC), SL 2800. 3. Break of POC (2640.1): - Conditions: Close below 2640.1 with increasing volumes. - Stocks: Short towards 2600 (psychological support), target 2500 (historical lower limit). --- Operational Strategy - Intraday: - Buy above 2779.75 (target 2831.3), SL 2740. - Sell below 2640.1 (target 2600), SL 2670. - Swing Trading: - Long accumulation near 2640.1 (POC) with SL 2600. Take profit at 2779.75 and 2831.3. - Breakout 2831.3: Add long positions, trailing SL of 3%. - Risk Management: - Max risk 1-2% per trade. - Beware of false moves: always confirm with volume. --- Conclusion: Market in bearish consolidation phase, with selling pressure near 2779.75. The POC (2640.1) is a key level: a defense here could indicate accumulation, while a break would open to new lows. Priority to reactive trades with volume confirmations.
**Updated Analysis $ETH (04/02 - 2703.4)** *Changes vs Yesterday*: - **Strong Rebound**: From 2100 (03/02) to 2924.40 (+7.5%), close at 2703.4. - **Bullish Value Area (VA)**: 2573.4–2711.8 (vs 2453–2874 yesterday), POC at 2622.9 (new support). - **High Volumes**: Peaks at 38k/33k ETH (15:00–16:00), bullish accumulation. **Key Levels**: - **Supports**: 2622.9 (POC), 2573.4 (VA low). - **Resistances**: 2711.8 (VA high), 2883.2 (Profile Range high). **Scenarios and Actions**: 1. **Breakout >2711.8** (with volume >10k ETH): - *Long to 2800–2883.2*, SL 2680. 2. **Rejection at 2711.8**: - *Short-term short* to 2622.9 (POC), SL 2730. 3. **Breakout <span *Short* to 2573.4, target 2450 (previous limit). **Strategy**:
- **Intraday**: Buy >2711.8 (target 2800) / Sell <span (target 2573.4). - **Swing**: Long accumulation at 2622.9 (POC) with SL 2600. Partial take profit at 2800/2883. - **Risk**: 1-2% per trade, trailing SL 3% above 2800.
**Conclusion**: Market recovering, but caution near 2711.8. Priority to volume confirmations and defense of POC (2622.9) for bullish strength. #MarketRebound
Analysis of the Last 24 Hours and Possible Scenarios for #Ethereum ($ETH ) ### Situation Summary - Current Price: 2513.11 (03/02/2025 07:45:40), near the lower limit of the Value Area (2453.65–2874.7). - Key Dynamics: - Strong sell-off between 02:00 and 03:00 on 02/03, with a low at 2100 and high volumes (>72k ETH). - Next bounce to 2487.5 (POC) and consolidation between 2450–2567. - Bearish market structure: the price is below the Initial Balance (3082.6–3122.99) and the Open Range (3082.6–3114.78).
Weekly Technical Analysis for $TAO 1. Trend and Momentum: - Strong downside from high of 498.0 (29/01) to low of 372.6 (02/02), closing at 388.5. - High volume on 27/01 (34k) and 01/02 (10k), signaling distribution during the breakdown. - Price below the Value Area (VA: 393.6-449.1), indicating short-term bearish pressure. 2. Supports and Resistances: - Critical Support: 385.8 (IB low) and 372.6 (02/02 low). - Immediate Resistances: 393.6 (VA lower limit) and 446.3 (POC). - A breakout above 393.6 could trigger a rebound towards 449.1 (VA high). 3. Market Profile Dynamics: - POC at 446.3 signals an area of maximum historical liquidity, a potential target for any recovery. - The price is currently in the lower 30% of the profile, a typical area of speculative increases or breakdowns. Probable Scenarios: 1. Bearish Breakout Scenario - Conditions: Breakout below 385.8 with increasing volume. - Target: 372.6 (low of 02/02), followed by 360.0 (psychological extension). - Confirmation: Close below 385.8 and increasing volume. 2. Sideways Scenario (Range-Bound) - Conditions: Price fluctuates between 385.8 and 393.6. - Strategy: Range trading with tight stop loss (e.g. 385.0 / 395.0). 3. Bullish Reversal Scenario - Conditions: Bounce from 385.8 and close above 393.6 (VA low). - Target: 449.1 (VA high) and 446.3 (POC). - Confirmation: Increasing volume and breakout of 400.0 (psychological level). Trade Ideas: - Short Entry: Breakout below 385.8 with target 372.6. Stop loss at 390.0. - Long Entry: Bounce from 385.8 + close above 393.6. Target 430.0 (mid-VA). Stop loss at 380.0. - Aggressive Reversal: Buy near 372.6 with stop at 365.0, target 400.0. Conclusions: The market is at a critical pivot between the historical support (385.8) and the bearish pressure. The break below 385.8 would open the door to new lows, while a rebound above 393.6 could indicate a recovery towards the VA
Primary Trend Strong bearish trend over the 24h, with a collapse from 3268.20 (initial high) to 3068.44 (absolute minimum). Volumes: Peak of sales at 04:00 on 02/02 coinciding with the POC at 3076, signaling an area of strong interest.
Key Levels The break below the IB minimum (3223.99) triggered the collapse. The Value Area is between 3076.9 – 3196. The current price (3113.41) is within the VA, close to the lower limit (POC).
Support/Resistance Critical Support: 3076.9 (POC) → breakout would open at 3068.44 (all-time low). Resistances: 3150-3160 (former local highs), 3196.35 (VA upper limit).
Current Scenario Price is in the lower third of the VA, with bearish pressure but support near the POC. Volume: Low volumes in the last hours → market indecision. Signs of Bearish Fatigue: Bounce from 3068.44 (04:00) and consolidation above 3076.9 suggest a possible accumulation or pause before the next move.
Possible Developments Bullish Scenario (less likely, but possible)**: Conditions: Hold above 3076.9 + breakout of 3150. Target: 3196.35 (VA limit), then 3223.99 (former support turned resistance).
Bearish Scenario (more likely): Conditions: Breakout of 3076.9 with high volume. Target**: 3068.44 (historical low), then possible extension towards 3000 (psychological level).
Confirmation Indicators Increasing volume above 3150 → signal of bullish strength. High volume below 3076.9 → confirmation of bearish continuation. Time Auction: If the price spends >50% of the time above 3113.41 → stabilization.
Conclusion
The market is in equilibrium after a strong downtrend. The proximity to the POC (3076.9) makes this area crucial: a bullish reversal would require a consolidation above 3150, while a break below 3076.9 could reactivate the selling. Monitor volumes and reaction to key levels
Yesterday: Long setup with target 3323.1 (Balanced Target).
Today: Rally to 3438.43 (above target), followed by a strong retracement to 3240.31 (-6% from the top).
Critical Volume: 16:00: Spike at 16,462 ETH (bullish breakout). 19:00-22:00: Heavy selling (10,532 ETH and 7,082 ETH).
🔍 Technical Analysis
Market Profile Today Value Area (VA): 3314.3 - 3428.7 (current price below VA) POC: 3428.7 (maximum volume, key resistance). Profile Range: 3240.35 - 3428.7 (price at the low of the range).
Key Dynamics Rejection at POC (3428.7): Strong selling pressure after the breakout. Breakout of Initial Balance (3256.37-3338.62): Short-term bearish signal.
Volume in Distribution: Volume spikes in retracement indicate profit-taking/panic selling.
🎯 Stock Valuation
Scenario 1 (Bearish): If the price remains below 3240.35 (Profile Range low): Possible test of 3200 (psychological support). Short Entry: Break below 3240.35 with target 3200-3180. Stop loss above 3279 (VA low yesterday).
Scenario 2 (Rebound): If I bounce above 3272.08 (Open Range high): Attempt to re-enter VA. Target 3314.3 (VA low today). Recommended Stop Loss: Possible long: Close below 3240. Short: SL above 3279.
⚠️ Critical Notes High Volatility Risk: Violent movements after the rally/rejection. Hourly Confluence: Watch out for closes below 3240 (bearish day timeframe).
Immediate Actions: Close long positions (the setup is invalidated). Monitor 3240.35 for bearish confirmation or tactical rebound.
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JayB7
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(Edit) $ETH is showing significant bearish pressure, evidenced by a sharp price decline accompanied by increasing volumes. The control point at 3069 is acting as a key support/resistance area. A further break below this level could pave the way for bearish moves towards 2800. However, a recovery above 3190 on strong volumes could indicate a potential bounce.
Volume Profile TF 1h ----------------------------------------- INITIAL BALANCE (3292.68, 3342.7) OPEN RANGE (3323.6, 3342.7) POC PRICE 3069 PROFILE RANGE (3064.5, 3338.3) VALUE AREA (3064, 3193) ------------------------------------------ #MarketPullback