Daily Market Update: ETHUSD & GER40 – Feb 25th, 2025

NOTE: This market newsletter is based on analysis conducted using the daily chart timeframe. Each market discussed is accompanied by a corresponding price chart for clarity and reference.

ETHEREUM – ETHUSD: Buying On Retracement Lower & After Price Action Signal At Or Above $2084 Support Level

Comments: Price recently moved lower from the $2858 – $2907 short-term resistance area

Potential Trade Signal 1: We are looking to buy on a retracement lower and after a clear price action buy signal, at or just above the $2084 short-term support level. 

Potential Trade Signal 2: We are looking to sell on a deeper retracement higher and after a price action sell signal, at or just below the $2858 – $2907 short-term resistance area. 

To Trade This Market With Our Preferred Broker, CLICK HERE

GER40 – CASH: Buying On Retracement Lower & After Price Action Signal At Or Above 21820 – 21975 Support Area

Comments: The Small Bearish Tailed Bar Signal that had formed on Friday, Feb 21st failed (We did not consider trading this signal, nor did we mention it). 

Potential Trade Signal: We are looking to buy on a retracement lower and after a price action buy signal, at or just above the 21820 – 21975 short-term support area. 

To Trade This Market With Our Preferred Broker, CLICK HERE

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Disclaimer: The risk of loss in trading financial market products, like Cryptocurrencies can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. Any content posted here should not be considered financial or Trading advice, this newsletter is just for information purposes and is just the author’s opinion.

 

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