BTC Bitcoin - Upside Likely THIS WEEK (Thanks Retail Liquidity)Here's a challenge for you:
How many places of built-up liquidity can you spot on this chart that indicated where price is heading to...?
Post your chart below.
Admittedly this isn't the easiest environment to trade in, but still the clues are there.
Plus: DXY Dollar is weak for now, so XXXUSD seem more likely to be Bullish.
Now we stalk it and wait to see the flip to the Upside (if it happens). The invalidation point is the clear last Wick low.
There could be more opportunities later to scale in.
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Are you seeing price action here the same as I am?
If not, comment below and tell me if I'm missing something...
1-BTCUSD
SPY/QQQ Plan Your Trade For 2-24-25 : Breakaway PatternToday's pattern suggests the markets will attempt to make a Breakaway move.
I believe this breakaway will be to the downside after watching the rejection near the 609 level on the SPY play out and the breakdown of the Excess Phase Peak pattern over the past 2+ days.
However, if the breakdown I suggested (above) does not happen, I suggest the markets continue to FLAG SIDEWAYS into a FLAG APEX near the end of this week.
The SPY's trend is such that I see it either breaking down hard over the next 2-3 days (confirming the Excess Phase Peak breakdown) or stalling back into the FLAG formation and reaching the Apex near the end of this week.
That means traders need to prepare for one of two major price events: a continued major breakdown or a consolidation/reversion back to the 605-608 level within a sideways FLAG.
What I expect is a breakdown in price. That seems the most logical. But, after watching the markets continue to flag sideways over the past few weeks, I know the markets can stay illogical for longer than I can try to short this top. lol
Gold and Silver look ready to rally. This could be a huge upward move and very powerful for skilled traders.
BTCUSD looks ready to break downward. And I think a breakdown in Bitcoin would be timed with a breakdown in the SPY/QQQ as well.
This is going to be an interesting week. Start off by letting the markets try to settle today (for the first 10 to 30 minutes). You can't kick the markets to do what you want.
After watching this moderate pullback in pre-market trading, we need to see how the price will attempt to trend.
Get Some.
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SPY/QQQ Plan Your Trade Afternoon Update : BREAKDOWNIf you've followed my research over the past 90+ days - you were ready for this move.
If you were positioned for this breakdown, many of you should have seen decent profits or green in your accounts.
I'm so happy and proud to have helped many of you prepare for this move.
Stay cautious into the close as we may see more selling pressure drive prices lower.
Remember, everything I do is about helping you become a better trader.
Get some.
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SPY/QQQ Plan Your Trade For 2-21 : Top Pattern Counter TrendToday's Top pattern in Counter-Trend mode suggests the markets will attempt to move downward, seeking a new support level, then find a base and attempt to roll a bit higher.
I don't expect a big breakdown to take place today, but the YM is already struggling to maintain support - so we may see the ES/NQ break downward if the major markets continue to weaken throughout the day.
I do expect the markets to move into my Major Bottom pattern over the next 3-5+ trading days. So, overall, I expect the markets to reject these recent highs and attempt to move downward.
Gold and Silver should continue to rally with Gold trying to break above $3k and silver trying to break above $35.
Bitcoin is moving into an early stage Excess Phase Peak flagging formation. This should prompt a fairly solid rally phase for Bitcoin over the next few days/weeks.
If my longer-term research is correct, the recent new highs will be rejected and price will roll into a double-bottom type of setup between now and the end of March 2025.
I suspect traders are not prepared for this move and will continue to try to BUY any dip they see over the next 30+ days.
My only advice is to play the short-term trends and avoid position or swing trading too heavily.
The markets are going to become very volatile over the next 30+ days.
Get some.
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SPY/QQQ Plan Your Trade For 2-20 : Rotation PatternSorry for my delay this morning. Everything is fine over here - just a bit hectic this morning, and I had to drive my son to his work at 530am - which interrupted my plans.
OK, so here we go.
This video helps to organize my analysis/thinking into more clearly presented data for my followers. I use the Fibonacci Price Theory as a basis for all my analysis. On top of that, I use other techniques (anchor bars, my SPY Cycle Patterns, and my custom indexes) to help identify when and where opportunities exist for the best trades.
I've been getting comments related to my labeling these videos as Bullish or Bearish which may go against the primary trend direction presented on the charts. So, now I've added a TEXT LABEL that tells you what every chart is doing on a Short, Intermediate, and Long-term basis.
This will help all of you follow my analysis/thinking going forward (I hope).
Today's Rotation Pattern suggests the markets will slide into a sideways price rotation phase.
This rotation could be a stalling pattern after the recent rally to new ATHs.
I'm still very cautious of a breakdown/pullback in trend after this move higher. As I keep saying, I don't believe the markets have sufficient momentum to continue a massive rally phase. And I really believe this new ATH level is a BULL TRAP - setting up longs to jump into this rally mode before a bigger pullback/breakdown takes place.
Gold and Silver are struggling to move higher with a fairly broad rotating range - but they are still pushing higher.
I believe Gold and Silver will make a big move higher over the next 30+ days. So, be prepared for volatility - but stick with long trades for metals as I believe Gold will rally to levels above $3100 very quickly.
Bitcoin could be shifting into a new Excess Phase Peak pattern off recent lows. The FPT trends for Bitcoin are still BEARISH, but we are starting to see a base setup that may become a new Excess Phase Peak low.
Watch this video and please comment if you have any questions.
Again, sorry for my delay this morning.
Get some..
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SPY/QQQ Plan Your Trade For 2-19-25: GAP Reversal Counter-trendToday's pattern suggests a morning GAP will lead to a price reversal in a counter-trend type of mode.
I read this as a potential that price will initially struggle to find a trend. Eventually, when it does identify a trend mode, I believe that trend will strengthen into a reversal of the current upward price trend.
Normally, Counter-trend patterns invert. So, what I would have expected as an uptrend would turn into a downtrend. But, the markets have moved into a very consolidated price channel near recent highs and volume has diminished strongly.
Because of this type of setup, I believe an aggressive breakaway or breakdown price move is pending.
Price will attempt to make a move - and when it does, it should be explosive.
My continued research, which I share with you in this video, continues to suggest price will stall out and revert downward.
We'll see how things play out over the next few days.
Gold and Silver are back near recent all-time highs. Stay cautious of a breakdown in metals associated with a breakdown in the SPY/QQQ.
BTCUSD is still struggling to make a move. As you will see, I believe the dominant trend is to the downside right now.
In short, we are standing at the edge of a cliff regarding price action. At this point, we either grow wings and soar higher or fall downward - hoping for a soft landing.
Buckle up.
Get some.
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Bitcoin Trading Plan & Market Analysis🚀 In this breakdown, I outline my trading plan for Bitcoin (BTC), focusing on market structure, price action, and key liquidity dynamics.
🔍 Key Observations:
✅ Price Action & Liquidity Sweeps
* Bitcoin has been forming equal highs/lows, with dips below the lows targeting southside liquidity before rallying.
* On the 4-hour timeframe, this pattern has repeated multiple times—suggesting smart money accumulation at current levels.
✅ Confirmation Criteria
* My bullish thesis remains unconfirmed until we see:
* A decisive breakout of the current range.
* A successful retest and failure of that breakout level.
* If these conditions are met, I will be looking for buying opportunities.
✅ Final Confirmation
* A break of key resistance (highlighted in the video) is critical for confirming a trend reversal.
📺 Everything is explained in detail in the video—this is NOT financial advice!
SPY/QQQ Plan Your Trade Post Market Update : Big Squeeze CloseToday is quite a day in terms of trading volatility and volume. We've not seen a low-volume day like today in the SPY for more than a year.
It is very likely this rally near the close of trading was more of a short-squeeze and not really a momentum breakout.
We'll see how things play out tomorrow. But, I'm not budging related to my expectations of a breakdown in the markets over the next 5-10+ days.
I see this market as completely over-cooked to the upside - and it seems to be evident in the lack of buying volume playing out.
My Custom Crash index is flat and topping. My Custom Volatility Index is flat and topping. My Custom US Leading Index is actually LOWER so far this week.
One thing is certain, there is a lot of open "air" below the 598 level on the SPY.
Buckle Up.
When it breaks - it may be a BIG BREAKDOWN setting up.
Get Some.
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SPY/QQQ Plan Your Trade For 2-18 : GAP PotentialAs the markets continue to struggle to break away from the current consolidated/sideways price trend, one thing is certain: The current FLAG/EPP pattern is setting up an explosive price move.
My expectations are for a price breakdown, as my predictive modeling and GANN Cycle Patterns suggest that Major Bottoms will set up near February 21 and March 21-23.
These major Bottoms suggest a strong potential for a price breakdown, reflecting uncertainty for the first half of 2025.
Additionally, I believe the strength of the US Dollar is driving a "Capital Shift," where foreign capital is actively moving away from currency and economic risks, pooling aggressively into the safest currency and assets. This translates into capital pooling into US, UK, and EURO assets to avoid broader currency devaluation events.
The dynamics of the global markets are very interesting right now. The influx of capital into the strongest economies with the strongest currencies may present a MELT-UP type of market trend. However, the uncertainty related to future US economic growth and performance may prompt some deep downturns/pullbacks in price.
I don't see how the US markets can move past the economic turmoil of broad government restructuring until after June/July 2025.
Therefore, I continue to urge traders to stay cautious of any melt-up trend. The markets want to move higher, but there are currently extreme volatility risks related to any potential price breakdowns.
I'm watching Gold/Silver and Bitcoin to see if we move back into any euphoric phase. And right now, I'm seeing metals starting to move into a type of panic selloff while Bitcoin is struggling to regain any real strength.
The continued sideways trend of Bitcoin leads me to believe the euphoria is diminishing, and reality may be setting in. That means we may be in for a bumpy ride over the next 90+ days.
Stay fluid and stay cautious of any big breakdowns.
Get some.
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Bitcoin - This Cycle Is Pretty Clear!Bitcoin ( CRYPTO:BTCUSD ) is still 100% bullish:
Click chart above to see the detailed analysis👆🏻
It is actually quite a surprise that we did not see new all time highs on Bitcoin for the past two months. However we had the same thing happening back in 2017 before Bitcoin actually finished the cycle with a parabolic blow off top. So we all know what is very likely to happen next.
Levels to watch: $70.000, $300.000
Keep your long term vision,
Philip (BasicTrading)
2025 Market Outlook - Cautiously Bullish (Important Bar Counts)Hey Everybody,
Thanks for checking out the video. I'm reviewing all major instruments, US and Non US.
US has carried the financial markets since 2020 and 2022 and this year out of the gate we're seeing big runs in "uninvestable" spaces like Europe and China. I say that jokingly because of how bad everything thought non US assets were, but here we are watching DAX, FTSE, and HSI running to double digit gains while the US lags behind.
Will the US catch up and the global economy tide rise to lift all boats or are we truly seeing a catch up trade that will have headwinds uncertainties a plenty? Time will tell.
This week is a holiday shortened trading week, RBA and RBNZ expected to cut rates, Europe and US printing PMI on Friday. BABA and BIDU earnings this week (China related), and NVDA earnings next week (#2 market cap in US).
I discuss the big bar counts that I'm watching closely on SPY, SPX, XSP, RSP, NDX, QQQ, DIA, NVDA, META, NFLX, and others that I believe technically will matter for limited upside momentum without a bigger pause, snapback or correction ahead.
Cautiously optimistic is a perfect play for 2025. I'm off to a good start for the year and intend to keep that way without chasing or doing anything silly.
Thank for watching.
BTC/USD Moving In Range,Best Place To Buy And To Sell Very ClearThis Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
SPY/QQQ Plan Your Trade For 2-14-25 : CRUSH PatternHappy Valentine's Day - everyone.
Tell the people around you how much they mean to you and how important they are to your life.
Today's SPY Cycle Pattern is a CRUSH pattern. These types of patterns are usually very large range bars that attempt to REVERT back to a mean price level - in this case - DOWNWARD.
Near the end of this video, I discuss some of my Custom Indexes and explain why the data tells me we are moving into a topping pattern for the US and global markets. Many of you watch my Plan Your Trade videos and probably think I make things up as I go.
Actually, a lot of data and research go into my decision-making. Ninety-nine percent of that data (usually in predictive modeling, Custom Indexes, and other resources) delivers a clear outcome. In this case, the result is "the markets are TOPPING."
So, even though the markets didn't cooperate with my Deep-V breakdown from Feb 10 to 13, I urge you to watch this video until the end, when I start sharing some Custom Index data/charts. Pay attention to what that data tells us.
Notably, the Smart Money Index and the Accumulation Phase Index are screaming, "The markets are TOPPING."
Gold and Silver move into a Gap-Revert-Stall-Flush pattern, again representing a reversion to the mean price level.
I believe today will be another moderately downward-trending Friday, as we've continued to see over the past three or more weeks.
Please spend a little time hitting the pause button and checking out some of my Custom Index charts. They are the data that drives much of my decision-making.
Get some.
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SPY/QQQ Plan Your Trade for 2-13: Harami Inside PatternToday's pattern is a Harami Inside pattern. This suggests the markets will stay rather muted today - attempting to stay within yesterday's high/low range.
I believe the markets are still struggling to identify a channel that will ultimately break to the downside.
You'll see in this video why I believe the markets are struggling and will attempt to confirm the multiple Excess Phase Peak patterns over the next 20+ days - attempting to move downward.
But, we do have a very interesting FLAG/CHANNEL setup on the NQ, which is somewhat confirmed on the ES.
What I can guarantee is that we will see extreme volatility over the next 20-30+ days as price moves into the Flag Apex - attempting to break away from the Apex level.
Thank you for all your support and understanding yesterday. Dad is good. No issues.
The VA out here is great (Long Beach). Probably the best center for spinal recovery in the US. I love the people up there and how they take care of my father.
I urge everyone to stay cautious until the end of this week. As you know, I expect a breakdown into new lows.
We'll see if it plays out as I expect over the next week+.
Get some.
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Is BTC Gearing Up for a Bullish Reversal? Here’s My Game Plan!👀 👉 In this video, we analyze BTC, which is currently rangebound. On the 4-hour chart, I’m noticing equal lows followed by a liquidity sweep, then a higher low and a higher high. If Bitcoin breaks above the current range high, I’ll be looking to buy. However, if it trades lower, breaks the range low, and fails a retest, a short setup would be more suitable. We’ll cover trend analysis, price action, market structure, and both bullish and bearish scenarios. Not financial advice.
SPY/QQQ Plan Your Trade For 2-11 : GAP DefenderThe GAP Defender pattern is where price struggles to maintain a recent open GAP - attempting to defend against closing that GAP.
In my mind, this is the lower GAP window between 601.30 and 602.75 (yesterday's opening GAP range).
If this recent gap is filled, then I suggest the SPY will attempt to move downward (into my Deep-V breakdown) trying to target the lower GAP near 584.29.
Watch Gold and Silver as they continue to breakdown. Any big breakdown in metals should be considered a warning sign the markets are moving into a PANIC phase (selling).
We have lots of news today (Powell and other Fed members testifying) while we just found out Trump initiated a larger tariff on steel. I believe the strength of the US Dollar will continue to put pressure on global currencies - possibly leading to even more foreign market distress. This may result in a broader global market breakdown over the next 5-10 trading days.
Remember, we have the Deep-V pattern setting up this week and another Major Bottom pattern setting up on Feb 21. I interpret this as a dual-breakdown event - where price attempts to move downward and tries to identify solid support.
Bitcoin will likely follow this trend downward over the next 5 to 10+ days.
Buckle up.
It looks like today may be the day my Deep-V breakdown starts to drive prices lower for the SPY/QQQ and other major sectors.
We'll see how things play out.
Get some.
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SPY/QQQ Plan Your Trade Update - Watching Paint Dry...Today's market seems to be trapped in a "go nowhere" zone.
Get thread though. The markets will react to my Deep-V and Breakdown patterns with some aggression in the near future (24 to 48+ hours).
Buckle up.
This is going to get very interesting as the SPY attempts to move down to 585-590 - or lower.
Get some.
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SPY/QQQ Plan Your Trade For 2-10: EveningStar Island PatternThroughout the past week and a half, I've been watching the markets as I prepare for what I believe will be a sudden and fairly aggressive Deep-V setup between 2-10 and 2-13.
Yes, that means RIGHT NOW we are sitting on top of a potentially aggressive type of FLASH market move to the downside.
Will it come from news, or someone's comments (think Fed comments or news), or will it come from some other source - if it shows up at all.
I'm sticking to my Deep-V analysis because I have no reason to believe it is wrong. We may see a mild type of Deep-V pattern, but I believe it will happen anyway.
So, as we move into this week's trading, I want to urge everyone to stay very cautious of a potential FLASH breakdown into my Deep-V type of price activity.
As you may get trapped into longs and feel comfortable entering some solid bullish price trends/trades, be aware that this FLASH breakdown (Deep-V pattern) may still be lurking behind what appears to be a solid uptrend (for now).
Gold and Silver are falling - which is perfect for my Expansion Phase rally to $4400+ (gold).
Bitcoin is stalling - preparing for a breakdown.
This is the time to prepare for the rest fo 2025. Follow my research to know when you JUMP INTO the markets for greater success.
Get some.
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Bitcoin Macro Update: Echoes of 2015-2017 | Gold, M2, and CPI
In this macro update, I dive into Bitcoin’s price action and how it mirrors the 2015-2017 cycle. We analyze key macroeconomic indicators, including Gold, Global M2 money supply, and FRED data, to understand Bitcoin’s positioning in the broader financial landscape. With inflationary pressures and CPI trends shaping liquidity flows, is Bitcoin primed for another parabolic run? lets let the market decide.
Bitcoin at a Crossroads: How to prepare for the Next Big Move👀 👉 Bitcoin (BTC) has been consolidating within a defined range over the past few days, exhibiting sideways price action. The key question now is: where does it go from here? In this video, I delve into critical elements of technical analysis, including market structure and price action, to outline potential scenarios. I’ll map out a strategic approach for both a breakout above the range high and a breakdown below the range low. Please note, this is not financial advice.
SPY/QQQ Plan Your Trade For 2-7-25: Where's The Deep-VShortly after I created the morning video, the markets opened with a BANG.
First rallying, then rolling over - just as I predicted.
Granted, I never expected the markets to rally above 606 before rolling downward, but the breakdown move into a potential Deep-V looks to be playing out very nicely right now.
Come Monday (2-10), and possibly carrying into the 13th, we could see a very sharp deep-V type price move that pushes the SPY below 580 for a period of time.
That could be a very big move from the 606+ levels we saw this morning.
And you know I'll be saying, "Just as I predicted," for at least 3 to 5 days starting early next week if that happens.
Again, I put my research out to the public like this to either live or die by my work. Very few people are able to do this - or they flip/flop all the time (every 2-3 hours).
My research is different. I'm really trying to make a difference by telling traders what to expect now and in the future.
I know I'm starting to make a difference for many people because I'm getting emails and messages from individuals who use my research to identify great trade opportunities.
Are you going to be the next person to share your success story with me?
Remember, have a safe weekend and GET SOME come Monday morning.
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