BITCOIN ON RESISTANCE, WATCH FOR THESE IMPULSES NEXT!Bitcoin recently tested a major resistance at $73,600, where selling pressure emerged on lower timeframes. A breakout followed by a pullback may occur after the third impulse completes, potentially driving downside momentum to gather liquidity around the key support zone near $66,670. At this level, we could see supported price action aligning with the recently established bullish channel and trendline. With a clear bullish reversal from this low, the rally is expected to continue, aiming for a fifth impulse that could push the price above $80,000.
1-BTCUSD
Dominance & Altcoins- This graph is purely based on fibonacci law.
- 61.8% is the core of the system ( check rectangles in graph to get it )
- Most of long term traders not even look at the price.
- they just wait the good time to buy using Fibo.
- in 2016 BTC was almost 100%. Altcoins were inexistant. (less than 2% of the market with ETH)
- in 2021 BTC Dominance pushed to 75% (altseason followed the push)
- in 2024 we could see BTC dominance knocks 60% ish ( Altseason will follow )
- BTC is maturing.
- Cryptos are growing.
- Don't look too much at your altcoin wallets.
- Most of the time the story repeats itself.
- Respect the cycle, be patient and eat noodles!
Happy Tr4Ding !
BTC towards $76k!hello guys
Channel Breakout: Bitcoin is moving within an ascending channel, with price action close to the upper boundary, indicating bullish momentum.
Resistance Test: After breaking above a long-term downward trendline, Bitcoin has held steady, suggesting that the previous resistance is now acting as support.
Next Target Zones: Price is heading toward the next resistance area around $74,000–$76,000, highlighted by potential bullish continuation patterns.
Upside Potential: A successful breakout above the $76,000 level could propel Bitcoin toward the $80,000+ range, fueling further optimism for a strong uptrend.
Watch for Retests: If Bitcoin retraces, it could find support within the channel or around the previous breakout point, making these ideal zones for potential entry.
Ethereum on high time frame Hi traders , it's about Ethereum in high timeframe . Here’s a summary of my two scenarios:
### Scenario 1: Bullish Breakout
- **Condition**: If the price reaches $2,900 and pushes strongly through this level.
- **Outcome**: This would indicate a strong bullish trend, potentially leading to new higher highs.
### Scenario 2: Bearish Rejection
- **Condition**: If the price reaches $2,900 but only sweeps liquidity and then closes below this zone on the high timeframe.
- **Outcome**: This could open up opportunities for short positions, signaling a bearish trend.
### Considerations:
- **Confirmation**: Look for confirmation signals such as candlestick patterns, volume spikes, or other technical indicators to validate your scenarios.
- **Risk Management**: Set appropriate stop-loss levels based on your analysis to manage risk effectively.
- **Market Context**: Stay updated on any relevant news or market trends that might impact Ethereum's price action.
This approach will help you make informed trading decisions based on your outlined scenarios. If you have further insights or need more analysis, feel free to ask!
BTC MAJOR CYCLE TOP ALMOST IN?!
After Bitcoin (BTC) finally broke key resistance after 228 days, there is an opportunity to achieve a new all-time high (ATH), which I estimate could reach between $86,000 and $91,000.
The current structure of BTC indicates that we are in an ending diagonal, suggesting that we are approaching the end of the current bullish trend, which has lasted for 708 days and is expected to continue for another 70-90 days.
Fibonacci Targets fpr major top!
Assuming we are indeed in the final wave, Fibonacci targets between -0.236 and -0.382 (based on waves 2 to 3) may come into play, unless this wave becomes extended. Given the current structure, these levels appear achievable within the ongoing cycle.
Expected Correction and reversal trend
After reaching these targets, I anticipate a significant decline, with a final target between $30,000 and $40,000. My main target is the golden pocket(0.618 fib), but BTC often extends to the .786 fib level ($30,000), further supporting the possibility of larger corrections.
Reasons for Trend End
Ending Diagonal: BTC is currently in an ending diagonal formation, which typically signifies the end of the prevailing trend.
Divergence: There is a substantial bearish divergence forming on both the daily and weekly timeframes, which is almost impossible to invalidate. This divergence serves as a critical indicator of weakening momentum in the current bullish trend.
Conclusion
In light of current developments, BTC appears to be nearing a key peak, and the outlook for growth remains positive. However, traders should remain cautious and monitor key resistance and support levels, considering potential corrections that may follow after reaching these important Fibonacci targets.
Disclaimer:
⚠️ This is not financial advice! All information provided is for educational purposes only. Always conduct your own research before making any investment decisions. Trading carries a high risk and may result in the loss of capital.
BTC OTW TO NEW ATH!!BTC Finally Breaks Through After 228 Days! 🚀
After a long wait of 228 days, BTC has finally broken a key resistance level, launching an intense push that’s got its sights on breaking the all-time high! The market is looking incredibly bullish, and I firmly believe the momentum will stay strong over the next 70-90 days. My short-term target for this run is $74-75k. After reaching this level, I anticipate a retest of the previous resistance to confirm a flip into support. Once that’s in place, the next target is a major push towards $84k-91k!
Some correction may follow, but I’ll share more on that in my next update. For now, let's ride this bullish wave! 🌊💪
Disclaimer:
⚠️ This is not financial advice! All information provided is for educational purposes only. Always conduct your own research before making any investment decisions. Trading carries a high risk and may result in the loss of capital.
Bitcoin Breaking Higher Highs: What to Watch for NextBitcoin is currently breaking above a recent higher high, signaling potential for continued upward momentum. If it successfully surpasses this level with strong volume, it could indicate that buyers are in control and ready to push prices higher. However, it’s essential to wait for confirmation—this means letting Bitcoin close above the high to avoid a potential false breakout. By waiting for a clean break, traders can enter with more confidence, aligning with the trend and reducing risk. If this higher high holds, it may serve as new support, creating a solid foundation for the next move upward.
BTCUSD—Extreme Greed Hits; Potential Correction Before Next PumpGM crypto bro’s! This morning, the fear and greed index has surged to extreme greed at 77, while Stoch RSI edges back towards overbought levels.
BTC has seen a substantial pump over the past few days, reaching a peak of 73,613 yesterday. On the weekly timeframe, the next target may be around 82K. However, given the extreme greed conditions, a correction could likely come first, potentially down to the 69K area, before any further massive pump.
Don’t FOMO—keep risk management top of mind. Akki signing off—one chart, one love. Have a great day and stay SAFU.
AUDJPY GOING UP SOONEven though we missed it a little as you can see on our blue line, we had the correct idea ;
AUDJPY is still correcting this massive gap and getting a little lower before getting up again and reaching the blue zone.
However the ground is not super strong and it could break and become an interesting short posision.
US100 NEXT STEPAfter a successful long entry for today, US100 will reach a HH, reaching at the same time a KL and an uptrend limit ;
Then it is to plunge back to re establish the RSI which will drop a lot, showing a new HH coming soon after.
Remember : this is a 1D uptrend case, no matter what happens, it is going up after.
BTC POSSIBLE ROUTE TOWARDS DECEMBER !!Sorry for the mess, what you're interested in is the purple arrow here.
We might be looking at a correction before it reaches a new top again, something like 75K in beginning December ;
Even though a lot of traders tend to think now's the time to get in for the 100K rally, we think this is more a zigzag/scalping opportunity and not a long term yet.
Additional indicator to be used after the ATH update(StErr Line)
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(BTCUSDT 1W chart)
Since it has not risen above 73777.0, it has not yet updated the ATH.
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(BTCUSDT 1D chart)
If the price maintains above 71280.01, it is expected that there will be an attempt to update the ATH again.
From the current price position, it seems that it will have to fall below 67414.39-68393.48 to turn into a short-term downtrend.
However, if it falls below 70148.34, I think it is necessary to take preemptive action to split it.
-
When the ATH is renewed, it is like being in an unknown world, so it is difficult to predict with chart analysis.
Therefore, in order to know the movement after the ATH is renewed, you have no choice but to use various indicators or chart tools to predict.
For this, the Linear Regression Channel that I mentioned earlier was explained.
Today, I will explain the StErr Line indicator, which is newly added to the HA-MS indicator.
The StErr Line indicator (Standard Error Line) is the baseline of the indicator that forms a band using the Linear Regression formula.
If the price is above the StErr Line indicator, it is likely to continue the upward trend, and if the price is below, it is likely to continue the downward trend.
You can use the StErr Line indicator together with the BW (0) and BW (100) indicators to determine the trading point.
The BW (0) and BW (100) indicators are generated when the BW indicator in the auxiliary indicator touches and breaks away from the 0 or 100 point.
Therefore, it allows you to identify the low or high point range.
The Linear Regression Channel or StErr Line indicator is a tool for chart analysis, but if you use it with support and resistance points, you can use it to create a trading strategy.
-
Have a good time.
Thank you.
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- The big picture
It is expected that the full-scale uptrend will start when it rises above 29K.
The next expected range to touch is 81K-95K.
#BTCUSD 12M
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
These are points that are likely to receive resistance in the future.
We need to check if these points can be broken upward.
We need to check the movement when this range is touched because it is thought that a new trend can be created in the overshooting range.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
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BITCOIN turns parabolic every time the ATH breaks.Bitcoin is testing March's ATH today and history has shown that when broken at this stage of the Cycle, the trend explodes parabolically upwards.
That was the case on the week of November 30th 2020 ATH test. The price pulled back next week but the one after it started an aggressive multi month rally to the 1.618 Fib.
This is the time to buy BTC again and potentially target 190000 by the end of 2025.
Follow us, like the idea and leave a comment below!!
$BTCUSDT Bouncing from Demand Zone – Eyes on $75KBINANCE:BTCUSDT Bouncing from Demand Zone – Eyes on $75K with Strong ETF Inflows!!
After a significant uptrend, CRYPTOCAP:BTC experienced a healthy correction, finding support at a key demand zone. The current bounce from this level, marked by a bullish candle, signals a potential shift towards upward momentum. Volume is steadily increasing, which further strengthens the case for a continued move higher.
Additionally, there’s a notable rise in MARKETSCOM:BITCOIN ETF inflows, adding more fuel to the current rally. This confluence of bullish factors sets the stage for BTC to reach new highs, with $75,000 being the next major target on the horizon. Traders should watch for sustained volume and momentum as key indicators of this breakout.
BTCUSD: Will it make new All Time High or get rejected?Bitcoin turned overbought on its 1D technical outlook (RSI = 71.973, MACD = 1675.300, ADX = 39.493) as it is on the 4th straight bullish day, approaching the 73,800 All Time High. The rise is being charged by the 1D Golden Cross formation two days ago and with the 1W time-frame still far from being overbought, we can see this bullish trend extending. If it breaks the ATH, we expect a slower ascend to 80,000 but if the price is rejected on the ATH level, we may see a new test of the 1D MA50 (TP = 67,500) so that the market tests the buying strength once more before breaking the ATH.
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BTC Potential Plan !BTC / USDT
Summary :
BTC finally made its first HH and HL after 6 months being in bearish pattern
What next ?
Correction started and i still think we will get strong bullish wave but first we have high chance to take liquidity at 59.2k or even 57k because there are much liquidity there and also won’t invalidate our pattern (HH and HL)
After that a full bullish wave is expected to 73k as first target
Invalidation of bullish plan : lose 52k daily
Do u agree ?
Let me know in comments section below 👇
Stand pat!Hey guys and girls,
Here is an updated chart from my (Nov 12, 2023) post
As you can see, this is only half of the battle!
Further targets: $ 74k, $ 84k, and $ 100k
Appendix:
Structure: 5-3-5 (Inverted)
Bitcoin halving countdown: 49 Days
Technical Section:
Wave 5 has two different relationships:
1- If wave 3 is less than 161.8% of wave 1 -----> the 5th Wave overextends itself.
2- If Wave 3 is greater than 161.8% of wave 1 -----> Wave 5 = 100% , 161.8% or 262% of wave 1
BTC Trend Shifting ? and ask about your altcoin analysisBTC / USDT
Quick summary :
190 days have passed since the BTC topping in march 2024 at 73k
Since that moment BTC was trading in downtrend with LH and LL
What we can see in chart :
finally we can start seeing serious bullish signals
1- First Higher low in 6 months
2- Triple bottom formation in RSI indicator
What I wait and expect for next ?
I think we can produce HH soon then a small final correction and after that UP ONLY
Invalidation:
Lose the current HL and continue again in LH and LL
You can ask about your fav altcoin analysis in comment section below and I will try to reply all… Ask for 1 altcoin and write complete symbol (ex: BTCUSDT)
SPY/QQQ Plan Your Trade Update For 10-29 : Ripper Apex BreakoutThis short video highlights the Apex Volatility breakout in the SPY today and shows the ripper rally in Gold & Bitcoin.
If you've been following my research, you already know I called these moves many days ago.
If you are new to my videos, this is an excellent way for you to see what I do, learn from my videos, and attempt to see now my research fits into your trading style.
My single goal is to make you a better trader - and I hope I'm doing that with all the content I provide.
Get some.
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