1-BTC
TAO Long Spot Trade (Reclaiming Resistance)Market Context:
TAO is showing strength by reclaiming key resistance levels as support and attempting to form a higher low. The setup suggests potential for further upside if price consolidates above $450 and reclaims the daily 21 EMA. A break above $600 could lead to price discovery.
Trade Setup:
Entry: Between $450 and $490
Take Profit Targets:
First target: $590
Second target: $760
Third target: $960
Stop Loss: Daily close below $400
This setup aligns with a strong risk-to-reward ratio, leveraging the potential for continuation beyond $600. #TAO
BTC: The MESSY CUP & HANDLE pattern. Bull or Retrace, Who Win?On the left is the Bullish Fibonacci while the right would be the Retracement Fibonacci.
Looking at such a messy trend which give the glimpse of Cup Handle in the coming last 10 days of November. One will have to decide either another uptrend or retrace to close for the month.
Eth/Btc 3W - Let's take a wide angle to see better$Eth/Btc 3W;
Looking at the Ethereum/Bitcoin chart from a much broader perspective, we can say that the downtrend is still dominant and strong.
We can see how the IMB and FVG levels are working properly.
If the decline continues down to the +OB level at $0.02934, if the Double Buttom formation support here is insufficient, the decline may continue until the Discount Zone. There are strong support zones at this level, so in the worst case, it will be inevitable to return from this region.
Why is the Eth/Btc pair important for us?
This pair shows the value of Ethereum against Bitcoin. This shows that the market perception is still heavily weighted towards Bitcoin as a safe haven. As is well known, the appreciation of Ethereum against Bitcoin usually marks the beginning of the altcoin season.
#eth #ethereum CRYPTOCAP:BTC #Btc #Bitcoin
HelenP. I Bitcoin will fall to trend line and then continue riseHi folks today I'm prepared for you Bitcoin analytics. Some time ago, the price rebounded from the trend line and in a short time rose to support 2, which coincided with the support zone. After which, the price some time traded in the support zone and later broke the second support level (75800) and started to trades near it. Then price bounced and started to grow to support 1, which coincided with one more support zone. When BTC reached this level, it entered to support zone, but at once bounced down, after which tried to back up. Soon, the price broke 1st support level ( 89000), but later it turned around and made a correction movement below this level, breaking the support level again. Next, the price continued to trades between the 89000 support level until it broke it one more time and rose a little higher than the support zone. After this, the price made a correction to the trend line and then continued to move up. Now, I expect that BTCUSDT will fall to the trend line and then rebound up. That's why I set my goal at 96100 points. If you like my analytics you may support me with your like/comment ❤️
BTCUSD - Bitcoin casually following path of next year ?Don't put to much credit on this one because even me I'm not believe my eyes
but this is the reason why I'm not taking profit yet
13 november 2024 is 25 October 2023
- Fibs extensions fit super well with this path,
- it's another confirmation for the green path I drew a month ago
- 97K for the next coming 10 days is very likely to me
- 120K for 25 december 2024 looks like a fairy tale and I want to believe
=> more than 10% drawdown for BTC is a partial take profit for me and a redistribution in more risky altcoins
I made a sort of indicator on my own that says if a certain coin will be worth it to buy for this bull run or no. Can already tell you that SOL , FET , STX and UNI are in it. Will show you my picks next month.
See you
not financial advice
BITCOIN Pi Cycle Theory aiming at $120k at least!Following Bitcoin's (BTCUSD) new All Time High in the aftermath of the U.S. elections, we've established on previous posts that we've entered the final year (12 months) of this Bull Cycle. This is clearly visible by the use of the Sine Waves as shown on this 1W chart.
** Pi Cycle **
The new aspect we're bringing to you today is the Pi Cycle indicator, which has proven to be as consistent as any other at projecting the long-term price action of Bitcoin. As you can see every Cycle Top has been considerably above the Top Pi Band (red trend-line) and we're currently trading $30k below where this level is now. This means that it is only a matter of time for BTC to 'attack' $120k and break it.
** 1W RSI kickstarting the aggression **
We are at a point where the new rally phase that started after the price tested, held and rebounded on the 1W MA50 back in early August, will start getting more and more aggressive. The final bullish signal was given last week after the 1W RSI closed above 70.00 (vertical orange dashed line). As you can see, during the previous two Cycles, every time Bitcoin closed the 1W RSI above 70.00, the Cycle peaked 54 weeks later (roughly 365 days). There is no reason to expect otherwise this time also, as this projected date (week of November 24 2025) falls exactly on the Sine Wave's Top.
Notice also that during the most aggressive part of the Parabolic Rally, the 1D MA100 (blue trend-line) tends to Support. And before that, when that crosses above the Bottom Pi band (green trend-line), the indicator gives a confirmed buy signal for the whole Cycle.
** Timing the market is everything **
The question now is how high can the price get? Well according to those estimates, a peak above the Top Pi Band can be anywhere within the $150k - $200k range, and that could be a conservative estimate. But lucky enough, with technical tools like the one we present to you today, we can time the market (thus our exits/ sells) almost perfectly and get out as high as possible, without having an absolute Target in mind.
But what do you think? Are you also expecting the rally to start getting even more aggressive and break above $120k? Feel free to let us know in the comments section below!
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Nov.12-Nov.18(BTC)Weekly market recapAs the cryptocurrency market continues to expand, several factors will influence the sustainability of the current upward trend.
Firstly, the direction of the Federal Reserve's monetary policy is crucial. If inflation resurges and leads to a tightening of monetary policy, it could pose a significant obstacle to market gains. Additionally, the implementation of specific policies by the Trump administration, including the establishment of regulatory frameworks and strategic reserves, will also play a vital role.
Moreover, the ongoing participation of institutional investors is a key factor, as their capital flows often have a substantial impact on market trends. Currently, the cumulative net inflow for BTC ETFs stands at $27.714 billion, while ETH ETFs have seen a net inflow of $139 million.
It is noteworthy that since August 5 of this year, Tether has minted over $7 billion USDT on the Ethereum blockchain. Changes in the supply of stablecoins have become an important market indicator; an increase in stablecoin supply not only reflects market confidence in cryptocurrencies but also provides potential support for subsequent price increases.
Last week, BTC exhibited a volatile trend, with significant price fluctuations. The WTA indicator shows the appearance of blue bars representing whales, indicating the presence of large capital. The purple wave area on the ME indicator is widening, suggesting a strengthening bullish sentiment.
In summary, we believe BTC may experience an upward movement this week, but caution is warranted regarding price volatility risks. We have adjusted the resistance level to $95,000 and the support level to $85,000.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
BITCOIN IS GROWING STEP BY STEP TECHNICAL ANALYSIS + TRADE PLANTechnical Analysis
Ascending Triangle Formation
The chart displays an ascending triangle pattern, indicating a bullish trend continuation. The price has been forming higher lows while maintaining a relatively flat upper resistance level, suggesting that buyers are gradually gaining strength.
Key levels to watch:
Resistance: The price is approaching the resistance at $93,143 and $100,000.
Support: The ascending trendline acting as support is near $86,721.
Indicators:
VMC Cipher B Divergences:
The indicator shows a continuation of bullish momentum with green dots suggesting buying signals.
Bullish Divergence: This is a confirmation of positive momentum and suggests the current trend could continue, especially if it breaks resistance.
Relative Strength Index (RSI):
RSI is at 56.62, indicating that Bitcoin is neither overbought nor oversold. It suggests that there is still room for upward movement before entering overbought territory (RSI > 70).
Money Flow Index (MFI):
The MFI is in the green, at 56.02, showing a steady inflow of capital, which supports the bullish outlook. It is not in the overbought range, further indicating the potential for continued upside.
Stochastic Oscillator:
The stochastic indicator shows values of 77.28 (fast line) and 76.05 (slow line), both suggesting that the price is in the upper range. Though it's near the overbought zone, it isn't extreme enough to signal an imminent reversal.
Volume
The volume is increasing with each bullish move, indicating strong buying pressure and confirming that the trend is supported by market activity.
Key Price Levels:
Resistance Zone: $93,143 - $100,000
Support Zone: $86,721
Next Target: A breakout above the $93,143 resistance could target new highs around $100,000 or higher if the market sentiment remains bullish.
Trading Plan
Entry Strategy:
Buy Signal:
A break above the resistance level at $93,143 would be a strong buy signal, with the expectation of a continuation to the next target near $100,000.
Alternatively, a retracement to the support level at $86,721 could provide a good entry for a long position if the price rebounds from this level, confirming the ascending triangle pattern.
Stop Loss Strategy:
Stop Loss: Place a stop-loss order below the most recent swing low, around $86,000, to protect the position in case of a breakout failure. This provides a good risk-to-reward ratio if the price does not hold above the support trendline.
Profit-Taking Strategy:
First Target: The first target for profit-taking should be near $93,143 (initial resistance).
Second Target: A breakout beyond this resistance can target $100,000 and possibly new all-time highs (ATH).
Trailing Stop: Consider implementing a trailing stop once the price moves in your favor, allowing the position to stay open while locking in profits if the market reverses.
Risk Management:
Position Sizing: Based on the risk tolerance, adjust the size of your trades to ensure proper risk management. For example, risking 1-2% of your total capital on a single trade is advisable.
Review Market Sentiment: Always monitor broader market conditions and Bitcoin-related news for any sudden changes that may affect the trend.
Conclusion
The current chart signals a bullish continuation for Bitcoin, supported by the ascending triangle pattern, bullish indicators, and increasing volume. A break above $93,143 would confirm the next move towards $100,000. As always, it's important to monitor the market for any shifts and adjust your trading plan accordingly.
BTC: Gearing Up for $100K Breakout!Hey everyone!
If you’re finding value in this analysis, don’t forget to hit that 👍 and follow for more updates!
🚨 Quick BTC Update 🚨
Bitcoin is shaping up beautifully! It's currently forming an ascending triangle on the lower time frame and trading steadily within the pattern. Historically, ascending triangles often signal a continuation of the bullish trend. Once BTC breaks out and closes above this triangle, we could witness a solid surge toward the $100K level!
📌 Trade Setup:
Entry Range: CMP and add more up to $90K
Target: $100K
Stop-Loss: Hourly candle close below GETTEX:89K
What’s your perspective on BTC's price action? Are you spotting this bullish setup as well? Drop your analysis and insights in the comments, and let’s ride this wave to six figures together! 🚀✨
$BTC Daily UpdateCRYPTOCAP:BTC #BTC $92,786 given resistance in effect and holding, Nicely calm here with good sideways movement testing and building support, $88,674 given support in effect, RSI on 4H and 1D looking good, Bullish engulfing on prev 4H, let's see if it follows up with a test of $92,786 resistance.
Bitcoin 4th Halving : Get Prepared!Hello Team,
Looking at past historic Bitcoin halving events you can see a historic rise in price followed. During previous halving events, the price of Bitcoin significantly declined after the previous run-up and is consolidating & stabilizing allowing good entry points. This is occurring again before the 4th halving.
If history repeats after the 4th halving during the estimated March 2024 date we can see another historic rise in the Bitcoin price.
Always remember,
"This time is different"
When Bitcoin was 20K people said, "I wish I bought at 3K!"
When Bitcoin was 70K people said, "I wish I bought at 10K!"
Now Bitcoin is ~16-25K will people wish they bought here?
Time will tell, and history repeats. Invest wisely.
It is showing signs of a downtrend. But...
Hello, traders.
If you "Follow", you can always get new information quickly.
Please click "Boost" as well.
Have a nice day today.
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(BTCUSDT 1D chart)
This volatility period is expected to continue until November 20.
As I mentioned yesterday, the point to watch is which direction it deviates from the 87.8K-93.5K range after the volatility period.
Therefore, it is necessary to check which direction the price will be maintained for a longer period based on the area around 90586.92.
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In order to maintain an upward trend, it is necessary to maintain the state of 5EMA > StErr Line.
If not, and 5EMA < StErr Line is maintained, there is a high possibility of a downtrend.
-
Since the StochRSI indicator is located at the 50 point, it is necessary to check in which direction it moves at the 50 point.
When the StochRSI indicator
1. falls in the overbought zone
2. is located near the 50 point zone
3. rises in the oversold zone
When it shows the above movements, volatility is likely to occur.
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The display method has been changed so that you can see which zone OBV is located in by the color of the candle.
1: Above the top point of the box
2: Box midpoint ~ box top point
3: Box midpoint ~ box bottom point
4: Below the bottom point of the box
You can check whether it is a rising candle or a falling candle by the borders or wicks of the candle.
-
Have a good time.
Thank you.
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- Big picture
I used TradingView's INDEX chart to check the entire range of BTC.
(BTCUSD 12M chart)
Looking at the big picture, it seems to have been maintaining an upward trend following a pattern since 2015.
In other words, it is a pattern that maintains a 3-year upward trend and faces a 1-year downward trend.
Accordingly, the upward trend is expected to continue until 2025.
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(LOG chart)
Looking at the LOG chart, you can see that the upward trend is decreasing.
Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective.
Therefore, we expect that we will not see prices below 44K-48K in the future.
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The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015.
In other words, it is the Fibonacci ratio of the first wave of the uptrend.
The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019.
Therefore, it is expected that this Fibonacci ratio will be used until 2026.
-
No matter what anyone says, the chart has already been created and is already moving.
How to view and respond to this is up to you.
When the ATH is updated, there are no support and resistance points, so the Fibonacci ratio can be used appropriately.
However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous when used as support and resistance.
This is because the user must directly select the important selection points required to create Fibonacci.
Therefore, since it is expressed differently depending on how the user specifies the selection points, it can be useful for chart analysis, but it can be seen as ambiguous when used for trading strategies.
1st : 44234.54
2nd : 61383.23
3rd : 89126.41
101875.70-106275.10 (Overshooting)
4th : 134018.28
151166.97-157451.83 (Overshooting)
5th : 178910.15
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Money over Politics - Trump Media(DJT) to buy Bakkt(BKKT)?Money over politics - Donald Trump Media( NASDAQ:DJT ) in talks to buy crypto company Bakkt ( NYSE:BKKT ). Follow the money. I am thinking that this is a very bullish sign if the government starts to change regulation around bitcoin and other crypto. It will be in the president's personal interest to make the US more crypto-friendly. If this acquisition goes through then Bitcoin to the moon!
FARM: A Rare Opportunity with 300% to 1000% Potential!If you’ve missed the recent pumps, don’t worry—I wanted to share something that’s been catching attention in several groups and channels.
FARM has a market cap of just $30 million and less than 1 million tokens in circulation, which is incredibly rare in the market. While many projects with billions of tokens deliver nothing, FARM is a functional and consistent DEFI project.
With 672,183 tokens in circulation, listings on Binance and Coinbase, and strong fundamentals, it’s no surprise people are talking about its potential. Compared to projects like AAVE, Compound, and Yearn Finance, which have much higher market caps, FARM feels significantly undervalued.
Some are saying it could see 300% or more, and it makes sense given the context. Of course, everyone should do their own research, but it’s worth taking a closer look—scarcity and utility are a powerful combination in this market.
Just wanted to share. Keep an eye on it and manage your capital wisely! COINBASE:ETHUSD BINANCE:BTCUSD COINBASE:BTCUSD
BTC thesis with RAG AI by Titan_KarmaIn today's intraday assessment for Bitcoin (BTC), the market is showing strong bullish signals, particularly influenced by recent positive news and technical indicators. The recent surge in price to approximately $84,000, coupled with favorable developments such as Semler Scientific's yield, has created a bullish sentiment among traders and investors. Given the current price of BTCUSDT at $91,456.0, it is essential to monitor key indicators closely to determine the optimal entry point for a LONG position.
The financial analysis indicates a trading volume of 41,626.8629, with a mixed sentiment reflected in the long-short ratios. While there is a slight preference for long positions, caution is advised due to the overbought conditions indicated by the RSI on the daily timeframe, which is above 70. The 1-hour and 15-minute timeframes show more neutral RSI values around 53 and 55, suggesting that a potential entry point may be approaching as the market stabilizes.
coinglass_data: Real-time data from Coinglass indicates that open interest is currently stable, with a weighted funding rate suggesting a slight bullish bias. Liquidation levels are also being monitored closely, as any significant changes could impact market dynamics.
binance_data: The order book dynamics show significant buy walls at the $90,000 level, indicating strong support. However, sell walls are forming around $92,000, which could act as resistance. Monitoring these levels will be crucial for timing entries.
coinmarketcap_data: According to CoinMarketCap, the liquidity score remains high, and the market cap is robust, supporting the bullish outlook. The candlestick patterns indicate a potential breakout if the price can hold above the resistance level of $92,902.37.
sentiment: Market sentiment analysis from Augmento.ai shows a predominantly positive outlook among traders, with many expressing confidence in Bitcoin's upward trajectory. This sentiment aligns with the bullish news cycle and technical indicators.
cryptocompare_data: Recent news and social media sentiment from CryptoCompare reflect a growing interest in Bitcoin, with many discussions centered around its recent price movements and potential for further gains.
Technical Analysis: The current technical indicators suggest a strong bullish trend, particularly on the daily timeframe. The RSI is above 70, indicating overbought conditions, while the 1-hour and 15-minute timeframes show more neutral indicators. The price is currently above the 20-day EMA, and if it breaks above the resistance level of $92,902.37, it could signal further upward momentum. Conversely, a drop below the support level of $89,685.27 may indicate a reversal.
Given the current market conditions, it is advisable to consider entering a LONG position if the price stabilizes above $91,000, with a focus on profit-taking strategies and setting stop-loss orders to protect gains.
TRADE RECOMMENDATION
json { "OUTCOME": "OPEN_LONG", "STOP_LOSS": "$89,685.27", "TAKE_PROFIT": "$92,902.37", "CONFIDENCE_LEVEL": "82%", "EXIT_POINT": "$91,456.00", "ENTRY_CRITERIA": { "TIMEFRAME": "1h", "RSI": "below 70", "MACD": "above 0" }, "CURRENT_OPEN_LONG_POSITIONS": 0, "CURRENT_OPEN_SHORT_POSITIONS": 0 }
BTCUSD: Timing the top is better than setting an actual target.Bitcoin is overbought on its 1W technical outlook (RSI = 73.472, MACD = 6115.900, ADX = 33.802) as it made new All Time Highs last week on an amazing post election bullish breakout. The 1W MACD is on a Bullish Cross, the very same buy signal it flashed before every ATH breakout. During the previous Cycle, Bitcoin peaked 45 weeks after the breakout and the one before 35 weeks after. Since the Cycle is calculated to peak towards the end of 2025, it is only reasonable to assume that this is an arithmetic progression and we will see the top probably on 10 weeks more than the previous Cycle, i.e. in 55 weeks. That places it around November 2025. If you don't have a specific target in mind, it is much more reasonable to time your sells at whatever price BTC will be at from September 2025 onwards, so that you can exit as high as possible with the maximum profit.
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Bitcoin is on its way to update the highs again!The main liquidation level has risen, but it would be logical to assume a short-term spike near the $100k mark, without reaching it completely, and then a reversal downward. Why? Because a wave of newcomers will rush into the market, gripped by fear of missing out (FOMO), buying up assets on the spot and opening long positions. This will become an easy target. I prefer to trust fibonacci levels as they offer the optimal RR for most traders. The liquidation level at 66k converges with the 1,414 level! It's a magnet.
Horban Brothers.
Alikze »» FTM | Wave 3 or C super cycle scenario - 2D🔍 Technical analysis: Wave 3 or C super cycle scenario - 2D
- In the analysis presented in the previous post in the weekly time frame, it was mentioned: it is suspicious of a head and shoulders pattern.
- So far, according to the previous analysis, the first target (supply zone) has been touched and it is currently above the target zone.
- In the analysis presented in the 4-hour time frame, it had a zigzag pattern, which is in wave one of three.
- In the daily time frame, it is located in an ascending channel, the previous corrective wave was able to form a reversal pattern in the range of 0.23 fibo.
- Therefore, I expect that it will face demand in the Buyer Zone and continue its growth with the failure of the middle of the channel up to the ceiling of the ascending channel.
In addition, after breaking the ascending channel, it will have the ability to reach the red box area (supply area).
So this bullish wave is wave 3 or big C, which will have the ability to grow up to the indicated ranges.
💎 Alternative scenario: If the Buyer Zone is broken and stabilizes below it, it can touch the 0.23 Fibo range again.
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OKX:FTMUSDT