Bitcoin to 10K! Disgusting
This is a bearish technical analysis of Bitcoin. It's supported by technical tools, and I am not saying this is going to happen; this is just a scenario because we need to consider all possibilities.
First of all, we need to take a look at the bearish wave from November 2021 to November 2022. It definitely looks like an impulse wave; it's pretty obvious, but I have seen a lot of failed impulses on the other side. You may say that it's not an impulse but a WXYXZ triple-three corrective pattern. It's possible, but in my opinion, these patterns tend to have more sideways price action than steep. You may also say that it's an ABC correction, but there are clearly 5 waves.
Since November 2022, Bitcoin has been going upward. The wave looks very strong, and I think we will reach levels above 25K before a potential drop to 10k to complete an ABC correction. It's very likely that this is going to happen.
Currently we are in wave B, which is a corrective wave, and we could end this wave at around 20k or 19k at the 0.618 FIB retracement.
I do not watch news often, to be honest; I am more of a technical guy, but I can't ignore the Binance bad news. There is speculation about the closing of the Binance US exchange, and their stable coin, Binance USD (BUSD), has some problems as well. But I am not surprised at all. A potential collapse of Binance could send Bitcoin to 10k in just a matter of days. For example, you can take a look at the COVID crash in 2020; it was a pretty fast liquidation of longs.
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
10k is a strong psychological level, and there is plenty of reason to buy Bitcoin here. 0.618 LOG FIB retracement and the start of the GAP are definitely reasonable targets.
Like I said before, this analysis is just a scenario that could happen to give you more perspective on the market. I always have a bullish and a bearish scenario ready to execute, so it's not about being wrong or right; this is not how you trade markets.
Let me know in the comment section, do you think Bitcoin is going to drop to 10k? Or we are going to a new all time high.
Thank you, and for more ideas, hit "Like" and "Follow"!
A-flat
Bitcoin - Best plan for the next week!
First, Bitcoin is going to drop to 21833 or even a little bit lower at the start of the week, probably Monday or Tuesday. After that, we should see a massive pump to the upside to fill the previous unfilled GAP, which is around 23395.
The bulls should step in at around 21833 because, technically, we will finish the ABC correction from the Elliott Wave perspective. Also, we will close the previous GAP.
Don't get caught with your shorts in this white trendline. I can see this trendline everywhere on social media. If you enter a short, you will get REKT.
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
I am bearish on Bitcoin overall, and I think we are going to reach 17k-18k before a massive bull market takes us to a new all time high.
If you want more of these short-term analyses on Bitcoin, hit the like right now so I can see if you are also interested in the short-term periods.
The whole crypto market is going to go down, including ETH and XRP. Only a few stronger coins will keep pumping.
Thank you, and do not forget to leave a comment if you trade these short-term moves!
XRP - Final 50% crash, life-time opportunity to buy!
XRP will give you a life-time opportunity to buy for an extremely cheap price, around 0.18 USDT! It's going to happen probably very soon, so make sure you are prepared!
This is a whole chart of XRP from 2016 to 2023. As you can see, the massive pump in 2017 was very strong, and right now XRP has been consolidating in this bullish regular flat pattern (3-3-5). My calculations say that we are at the end of the pattern, specifically in wave 5 of wave C.
If we look at the local price action from 2022–2023, we can spot a bearish head and shoulders pattern. The bears are going to send XRP lower, to around 0.18 USDT.
What's more, there is a falling wedge pattern. It's hard to see a breakout at this moment, and it's likely to hit the bottom of the wedge instead. Which is a 50% drop. We should find a support at the bottom of the falling wedge! This is your once-in-a-lifetime opportunity for a 20x profit in the next few months / years.
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
We don't know how the pump is going to look, but you will not have too much time to enter because the market moves aggressively to the upside while going sideways very slowly. I expect a huge green dildo on the weekly and monthly charts.
This analysis is like no other. No one will give you an Elliott Wave count on XRP from the beginning. If you know about anyone, let me know in the comment section; I want to follow him.
My plan is to buy/long XRP around 0.18 USDT for a 20x minimum gain. I am telling you it will be a massive pump, and for the best feeling you want to be in the market.
The bears have been waiting for an incredible 5 years, but you do not need to wait; you can simply catch the bottom and take advantage of the massive pump in a short period of time. After that, you can buy some tasty Japanese wagyu.
Thank you, and for more ideas, hit "Like" and "Follow"!
Bitcoin - No one is expecting this! (react fast)
The new monthly candle is closed as a DOJI. This is one of the most powerful reversal candles that can happen at the end of a trend. The previous candle from January was a huge green candle, so this DOJI from February is an indication of bullish exhaustion. The bulls were not able to continue the uptrend, and the bears stepped in. This is the psychology behind this reversal candle, and of course, do not forget that the monthly interval is very powerful; that's why it has a lot of value.
On the chart, you can see the gate to a new bull market. We are going to enter through the gate later this year, but not now. I expect a last pullback to 17k - 18k to fill the gap and retest the previous market structure. Simply, we need a retest because that's what markets usually do.
This is what is going to happen. The market never moves in a straight line, and because the bear market was extremely steep, the bulls need more time to recover and accumulate!
This scenario is not just an option that can happen; in my opinion, it's very likely to happen! But it's also good news for people who still need to buy cheap bitcoin.
At this point, we can see an incomplete reversal pattern. I feel like I am missing something. The right shoulder is not yet formed, and the GAP is unfilled. If we continue to go higher, then it will be even worse because otherwise we are going to crash even more at a higher level.
The DXY index is rising at this moment, and we will reach much higher levels.
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
I think the majority is now bullish, and everyone is talking about the future of bitcoin and how it's going to be great. It will, but now we need to shake out these traders from the market by going down.
There are a lot of signs of trend reversal on lower timeframes, too. The bears started to sell, and you can identify this action, of course, because the price action never lies. It looks like the sellers are back.
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Ethereum - Final 24% drop before a new all time high!
Ethereum is now in an extremely difficult situation because the price is at the resistance of this symmetrical triangle and also inside the bearish rising wedge pattern on the daily chart! These patterns are bearish, so the probability of breaking down is higher at this point. Of course, we can breakout bullish, but do you really want to bet on it?
What's more, it looks like the first impulse Elliott wave has been completed, and we should take a look for a potential buying level on the next bull run! An ABC correction is on the way, and in this case personally, I am targeting the previous POC or the 0.618 FIB of the impulse wave, which is a 24% drop.
The very good news is that this triangle has impulse waves to the upside and corrective waves to the downside. It's a sign of trend reversal, and that's why I think this symmetrical triangle will break to the upside (later)! I think the bull market has started, but we are still stuck in this symmetrical range.
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
As you can clearly see, we have an unfilled GAP, and it is very dangerous to go up without filling it. The reason is that the market will want to fill the gap later, maybe in 2024, and you probably don't want it. So let's fill it now.
If you haven't seen my previous very popular idea about "Bitcoin to 18K," "The big crash is coming!" You have to check out the related section down below, because it's absolutely mind-blowing.
Currently I am bearish on Ethereum and Bitcoin, but only temporarily until we reach my targets. It's hard to speculate on the breakout of the symmetrical triangle while the price is still inside it. So from my perspective, the probability of going down is 75%.
It was a very good rally with tons of profits, but now we need to trade the market differently. Of course, it will be more difficult for the majority of traders, but it is doable!
Thank you, and for more ideas, hit "Like" and "Follow"!
Update2: BTC Scalping short trading opportunity
This is the sequel to my previous idea .
The support line of the diagonal triangle has finally been broken.
The coordinate of point (A) was erroneous, so I corrected it.
TOTAL and Nen-star patterns formed.
Recommended TPs unchanged (see also gray-color zones of the Fibonacci extension.)
For details, please take a look at the related ideas below.
Update: BTC Scalping short trading opportunity
This is a sequel to my previous idea .
The diagonal triangle's unexpected, extended wave 5 (possibly an expanding diagonal) morphed the bearish white swan into a bearish anti-butterfly.
The basic strategy stays the same, but the basis for calculus would be slightly different.
Target is unchanged anyway.
If this breakout forms wave 5 of the impulse, a drop to the 22400 zone or below is likely, but some reversal is expected at FE 1.618 (23051), 2(22999), and 2.618 (22905), at each of which the price crosses a pitchfork's channel line.
This running flat scenario is invalidated above the high of A (23217), but another bearish scenario will likely develop under an expanded flat.
Bitcoin to 18k. The big crash is coming!
It looks like Bitcoin has completed the first bullish impulse wave, which is a very positive sign for the future, but right now the correction is in progress.
As you know, from the Elliott Wave perspective, wave 2 corrections are usually deeper, especially in crypto. 0.618 FIB or even lower is a classic retracement, and because we have a huge unfilled GAP, this is going to happen!
0.618 FIB is at 18658 (LOG), and the start of the gap + POC of the previous consolidation structure is at 16830. Only these two levels are important; the others are insignificant. So you want to buy bitcoin at these points!
The market always moves in waves, no doubt about it. The waves in crypto are absolutely different from the stock market because different environments have different personalities. What works on the crypto market doesn't work on the stock market. If someone claims that his bot or trading system works on all markets, including forex, indices, crypto, commodities, and stocks, he is most likely lying to you. It is best to concentrate on a single type of market; in my case, that is crypto. I don't trade forex, stocks, or gold because the market movements are very different. It's like comparing apples to beef steak; they look different and taste different. It's better to eat the beef steak.
We can see on the chart that there is a large unfilled GAP between approx. 16830 and 20407. These gaps tend to be filled sooner or later. I think maybe it's better to fill the gap right now than next year. You probably do not want Bitcoin to go to 40k and then dump back to 16k next year; this would be as ugly as the COVID crash in 2020.
The bulls didn't react to the major supports on lower timeframes, and it's a huge sign of weakness at this moment. The structure was bullish, but currently at this point, it's extremely bearish to me.
So what is the plan now? You can trade Bitcoin on futures and trade reactions on the previous structures. For example, 21,950 is a strong level and bitcoin could bounce from it, so you can take some intraday trades with a few % of gains before it collapses down to the abyss. You can definitely short bitcoin. I will make these types of trades in the next few weeks. Once bitcoin reaches my reversal zone, I will take some brutal long trades with an extremely high RR and a target of 30k+.
March is going to be a very bearish month. And usually Bitcoin starts to pump significantly when April starts. You can do a back test. April is a very positive month.
Thank you, and for more ideas, hit "Like" and "Follow"!
BTC Scalping short trading opportunity
We may witness a fractal move of the daily chart as wave 4 of a potential bearish impulse.
A bearish expanded flat (possibly a running flat) is expected with a bearish White Swan harmonic pattern.
SL above 23300. Recommended 23350 (see the trendline right up).
TP 22400-22700.
I also predicted wave 2 would be an Elliott flat, which revealed it was not (it seems to have been a zigzag).
Ethereum is ready for a massive pump! (again)
It has been one of the best 2 months in crypto history, with tremendous gains on altcoins. Euphoria is at a very high level, but it's going to be even higher because ETH is forming this incredibly bullish pattern!
My main focus is and always will be on altcoins, and I am monitoring all futures + spot pairs on major exchanges. I prefer to trade on leverage, so you don't need too much margin compared to the spot.
Ethereum's chart is displaying an inverse head and shoulders pattern, and I am confident that once we break the neckline, we will see a massive green dildo, which is why you should be in.
It's a good idea to buy ETH right now and set your stop-loss below the right shoulder. You don't want to wait for a confirmation! You want a higher risk-to-reward ratio instead.
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
On higher timeframes, ETH has been moving in an ascending parallel channel on the LOG scale. This channel is indeed very resistant; make sure you are aware of it.
From the Elliott Wave perspective, the wave structure is totally incomplete. We are still in the 3d wave, and we have plenty of time for the upcoming uptrend!
Some altcoins are skyrocketing with 100% - 500% gains already. Do not forget to take a look at my previous analysis on BTC - "30k next stop, then big crash! (Whales plan)."
Thank you, and for more ideas, hit "Like" and "Follow"!
Bitcoin - Another 10% increase is likely, long here!
Bitcoin looks extremely strong these days; there is probably nothing that can stop the rise at this moment. This is an analysis on the 1h chart that could give you 2 potential trades.
On the first trade, you want to buy/long the ascending triangle's support. If this trade fails for some reason, there is another trade that you could take. It's at the start of the ascending triangle, which is also a significant swing low, and below this swing low is a huge gap, so it's very positive for a long trade!
Now, where to trade profits for this trade? It's not that hard in this case. If we take a look at the parallel projection of the ascending triangle, we can see there is a dynamic resistance, so once the price reaches this level, you want to take profit!
Exchanges do not support dynamic take-profit targets like profiting at the trendline. At this moment, you have to use some 3rd-party programs and an API interface.
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
From the Elliott Wave perspective, we can see that the price has been moving in 5-wave impulses to the upside in the main direction of the trend and in 3-wave corrections to the downside. By identifying these patterns, we have a higher chance of success in these trades.
This is my plan for Bitcoin on the 1h chart. I trade these moves on the futures market in addition to my spot holdings. By taking these trades, you will gain a pretty good risk-reward ratio, specifically one above 1:4 depending on your stop loss.
Bitcoin should reach a price range of $28,000 to $30,000 in the immidiate short-term. If you do not know why, take a look at my previous analysis below! Remember to trade with the trend and only go long to increase your chances of success.
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XRP - It's time after 5 years of waiting!
Hodlers have been waiting more than 5 years for this upcoming pump that is going to happen to XRP! The best part is that you don't have to wait; simply catch the largest moon phase and profit.
I expect XRP to double in price first to hit the symmetrical triangle's POC, which is around 0.81. Maybe even higher, to 0.94, where the 0.618 FIB and high liquidity zone are. After the bulls break the 1.00 level, XRP will go absolutely out of control, and there is nothing that can stop the massive, mind-blowing pump.
At this moment, XRP has been moving in the falling wedge pattern, and as you can see, the price is consolidating exactly at the wedge's trendline. We are likely to see a large green dildo very soon, and you should probably set up a breakout order, such as a stop market, stop limit, or conditional order. Or you can buy right now for a higher RR. The breakout could be very quick; you could wake up in your bed and see XRP is 40% up because this is what XRP does.
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
On the chart, we can see a failed head and shoulders pattern. It looks like the bulls successfully defended the threat that would send XRP to 0.1. It's very positive, because the bulls are here and they want the price to go higher.
From the Elliott Wave perspective, XRP is a little bit different than other coins. We can see 3-wave structures everywhere, and it's not an easy job to do an Elliott Wave count on this coin.
I know more about XRP than anyone else. When XRP starts to pump, it's usually a beast. The problem is that it's been a little pump and dump over the past few years. But this time should be different, and the bulls should hold the price after the pump.
Let me know what you think about XRP. Do you think it's time for a pump, or is it going to die?
Thank you, and for more ideas, hit "Like" and "Follow"!
Bitcoin - 30k next stop, then big crash! (whales plan)
This is a strategic plan on how to play the upcoming price action on Bitcoin in the next few weeks. As a trader, you have to see it!
As we can see, Bitcoin pumped with a strong impulse in previous days, and the 30k level currently acts like a magnet because there is no resistance on the way up other than this.
You probably want to trade with the trend, so I would recommend only long positions to increase the probability of a successful trade. I've been using this strategy since the start of January, as you can see on my profile.
After we hit 30k, there will be a tremendous dump, and this dump you can short. We have a lot of confluence to short bitcoin in this region; see my previous analysis in the related section down below for more info.
After we hit 30k, Bitcoin will take a break, and we should see an alt-season. Of course, there will be an initial dump for the whole crypto space first. So make sure you know what to do!
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
The price has been moving in the ascending parallel channel on the log scale. This channel is very well respected, and it's very important to watch it because if it breaks, then the uptrend will be exhausted. Make sure you follow me, because I will warn you if this happens! You want to stay updated.
You can see my Elliott Wave count on the chart; we are in the 5th wave of the first major impulse wave to the upside, which is a sign of a huge bull market. Bitcoin could reach 130,000 USDT in 2025 and even more.
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All of the reasons to take profits or short bitcoin above 30k can be found here:
Shiba Inu will double in price, right now!
Shiba Inu is absolutely ready for a massive breakout! I recommend to buy Shiba Inu right now because the technical analysis gives us a strong buy signal!
As you can see, the price is breaking out of the descending channel with a successful retest. After the retest, I don't see any reason why Shiba should go down at this point.
There are absolutely no unfilled GAPS below the current price, so it is extremely positive for the bulls. There is no reason to short SHIBA for the bears; they would prefer other coins.
From the Elliott Wave perspective, inside the descending channel we can spot a zigzag, which is a corrective pattern. Usually, you want to buy a breakout of corrective patterns for an explosive move!
There is no doubt that Shiba Inu knows how to pump drastically, and what can happen to you is that you wake up in the morning and you will see a huge green dildo, so I think you want to fill your bags before it happens!
Also, we have a double bottom pattern on the macro scale between the previous swings from June 2022 and December 2022. Another great sign of a trend reversal.
The most important question at this point is where to take profit. You don't want to take profit earlier than at the POC of the previous symmetrical triangle from 2021–2022.
Be greedy and make sure you double your investment! Also you can long on futures with a reasonable stop loss!
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
Thank you, and for more ideas, hit "Like" and "Follow"!
Bitcoin cycles: comparison and forecast (must know)
We are currently in the new bullish cycle on Bitcoin, based on physics, statistics, mathematics, and logic. But the market can sometimes be unpredictable and go to zero. In this case, we are all doomed.
This is the LOG scale on the weekly / 2W chart. That basically means we can't go up at the same rate and angle because bitcoin would cost more than $10 billion in the next few years.
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
On this particular chart, the bull market from 2015 to 2017 has an angle of 48 degrees. The bull market from 2019 to 2021 has an angle of 35 degrees. The prediction is that this current bull market has an angle of 27 degrees.
On this particular chart, the bear market in 2014 has an angle of 51 degrees. The bear market in 2018 has an angle of 51 degrees, which is the same value as the previous bear market. Bear market 2022 has a lower angle of 44 degrees than the previous. The next bear market in 2026 should have a similar or lower angle than the previous bear markets.
From a time perspective, classic bull markets last for 1064–1071 days, and bear markets last for 364–406 days, as you can see on the chart. With this data, we can predict that the current bull market is going to end sometime in September 2025.
Hit "like" right now if you think this is an interesting analysis!
I know more about Bitcoin than the majority out there, and I have been trading it for a long time—longer than the majority out there. Bitcoin moves in cycles because of the halving events that cut in half the reward for miners.
Now the question is: What is the price going to be in September 2025? Well, Bitcoin is not going to make you extremely rich. It's too late for the party; you should join in 2010 or 2014, when people got rewarded for their skills to buy Bitcoin cheap and early. But still, bitcoin is a store of value and will increase your wealth by a significant amount, compared to gold or stocks. 140,000 USDT is a reasonable target for 2025!
If you want to make 100x or 100000x your money, the only option for you is to search for hidden gems or use high leverage on the futures market with a trading system and strategy. Both are indeed very hard and risky, but they're doable!
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Bitcoin - 20k or 18k before 40k! CME GAP
The solution to this analysis is to find the most probable reversal point for this corrective move, that is currently happening on Bitcoin.
Bitcoin failed to make a parabolic move. If we compare the start of the bull market in 2018, it was different because Bitcoin parabolically rose. But this time is different!
We must now concentrate on catching the bottom of this correction so that we can ride wave 3. Waves 3 are usually the most impulsive and most parabolic, so you really want to be in the market.
To catch the bottom of this corrective move, we need to use the most effective tools, such as FIB, GAPS, and Elliott Waves. Elliott Wave works best with crypto and stocks and worst with forex, so you want to use different tools for each environment.
On the chart, you can see 4 possible reversal points. Which one do you think is the most probable? Let me know in the comment section; I want to see your opinion! In my opinion, the 0.618 FIB seems the most logical level for a trend reversal.
But POC and the start of the gap at 16859 are also pretty juicy. But it's too low; it's hard to believe that the market will go back to these levels. On the other side, everything is possible.
Also, we have a CME gap on BTC1! futures, which is between 19995 and 20460. The chances of a pullback in this area are very high!
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
The true issue and threat is the unfilled GAP between 16.8K and 20.4K. Usually, all gaps tend to be filled. You can do a backtest, and you will see that this is pretty much true. We don't need to close the gap completely, but partially, yes. That's why it's almost a guarantee that Bitcoin is going to touch 20500 sooner or later. It can be this month, next month, or even later next year, in 2024. I hope it's going to happen sooner rather than later!
I am not shorting anything, just to be clear. I rather prefer short-term longs with low RR rather than shorting. I don't want to play against the main trend, which is bullish! I believe we will hit a new all time high on Bitcoin this year or next year.
Thank you, and for more ideas, hit "Like" and "Follow"!
Tron TRX is breaking out! Explosive pump is likely.
As you can see, TRX is currently breaking out of the descending triangle on the daily/weekly timeframe, and an explosive pump is now likely!
The take-profit is at the top of the triangle, which is 0.18 USDT. I think it's possible to go higher, but we don't want to risk anything, because we could be in wave 5 from the Elliott Wave perspective. Triangles are typically formed as a 4th corrective wave.
This bull market that started in January is absolutely amazing, and I hope it will continue as long as it possibly can! We want to take as much profit as possible from this bull run.
Sending USDT via the TRX network (TRC20) is very popular among crypto people. Furthermore, Tron's value held up very well during the 2022 bear market. It's definitely a positive sign.
Now is the best time to buy TRX if you don't want to miss out on the upcoming pump! It will be huge!
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
If we take a look at the previous price action from 2020 to 2021, there are no gaps that need to be filled. In other words, it's possible that we will never go back to these levels.
I'm not sure how you feel about it, but I'm already long in the futures market. 171% is a good profit, so be greedy!
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Ethereum - Ready for explosion! (Must see)
ETH is a ticking bomb at this moment, because my analysis suggests an explosive move is about to happen. I hope your bags are full!
As you can see, the price is breaking out of a bullish pennant on the 4h chart with a successful retest. What more do you need?
The price is moving in an ascending parallel channel, and it's very important for ETH to hold this channel; otherwise, we are going to lose the bullish momentum.
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
From the Elliott Wave perspective, we are currently still in the 3rd wave, so you don't need to worry about a potential crash; it's not going to happen. During wave 4, we will see a small pullback, but nothing dramatic. After we finish this whole impulse wave, then it's going to be awful, and the bears will step in.
The first stop is the next strong resistance. Quarterly / monthly highs and 0.5 FIB are definitely strong resistance, there is no doubt about it. This could be your profit target for this trade if you want to trade in the short term.
Since the start of the new year, I haven't opened any short positions on futures. I only trade longs at this moment, and this strategy is indeed extremely powerful, because the trend is your friend.
Thank you, and for more ideas, hit "Like" and "Follow"!
Bitcoin - Secret pattern, no one talks about!
Bitcoin will definitely reach 30,000 - 32,000 USDT this month, but after that the bears will try to shutdown Bitcoin, because of a massive resistance on the daily chart, so keep reading!
Why is the 30k-32k level so strong? We have 4 confluence points here, and different people will sell Bitcoin at the different levels, but they are very close to each other, so it can end up with a significant crash.
You can see the confluence on the chart, the levels are absolutely extremely strong, and it's really hard not to see any reaction here at all.
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
We have seen a very positive reaction to the FOMC meeting on Wednesday, which is also important from a fundamental perspective.
My plan is simple, I don't want to short Bitcoin until we reach my specified levels. It's better to ride the uptrend with longs than get rekt with shorts. I recommend you do the same.
Look at my previous idea about "25% CRASH from this level! Be prepared." in the related section down below, very important!
From the Elliott Wave perspective, we have started a whole new bull market, and I expect this bull market to end in September 2025. How much could Bitcoin reach? 160,000 USDT or 360,000 USDT? You know my price target from my previous ideas for the long term.
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Shiba Inu - 191% extreme profit! (unbelievable)
It's absolutely unbelievable for Shiba Inu coin because the technical analysis shows an extreme pump is likely in the immediate short term!
If you like Shiba Inu, you must hit the like button right now to support the future of this coin!
There is no doubt that Shiba Inu knows how to pump drastically, and what can happen to you is that you wake up in the morning and you will see a huge green dildo, so I think you want to fill your bags before it happens!
From the technical perspective, we can see a descending parallel channel on the daily chart that is very close to a bullish breakout. Also inside this descending channel, we can see an ABC ZigZag corrective pattern. With this confluence, we are pretty confident about an explosion to the upside.
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
We have had a 92% correction from the all-time high. There was a massive bear market from 2021 to 2022. The bear market has been completed as an ABC zigzag pattern from the Elliott Wave perspective.
What is the next strong resistance on the way up? 0.00002514 and 0.00003384 without a doubt. They are both strong resistances, where we can definitely experience some selling pressure.
I am telling you that this is going to be massive, so make sure your bags are full with the Shiba Inu coin. You can buy on the spot or go long on futures with leverage.
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Bitcoin - 25% CRASH from this level! Be prepared.
The bulls are incredibly strong! This may be the best January in Bitcoin's history. But the bears are waiting patiently to short bitcoin at the key level!
The Resistance 1 level is strong because there is a POC of the previous structure, the start of the massive previous GAP, and a horizontal level from 2021.
With this strong confluence, we can short bitcoin on the futures market for a potential 20%–25% profit. Like I have said many times, I am here for the bulls and bears. So this is clearly an analysis for the bears.
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
I am a professional trader with almost 6 years of experience in the crypto market. I can tell you that with this major resistance, we will see a pretty strong rejection!
What I recommend you to do is to short Bitcoin between 28,750 - 30,100 . I will specify this level more precisely in one of my next analyses on lower time frames or privately!
If we take a look at the volume profile, we can see there is no volume area. These areas tend to be filled, and at the end of the area, we should see a big rejection.
We have only 4 strong resistance levels on the way up to the new all-time high. However, it may take some time to break it all down.
Bitcoin started its new bullish cycle in November 2022. I expect another bearish cycle to start sometime in September 2025. I have predictions for years or even decades in advance!
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Ethereum - New all-time high soon!
Ethereum is currently breaking out of the bearish descending channel after 418 days! The profits are already massive, but the good news is that we are just starting the new bull market, not ending it!
A new all-time high on ETH is closer than everyone is expecting, so I hope your bags are full of crypto. The bull market is always the most profitable session, because the risk-to-reward ratio of trades is much higher than in the bear market.
From the Elliott Wave perspective, the downtrend has been completed with a classic ABC zigzag corrective pattern. We have already begun a new impulse wave in June 2022!
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
The trend is your friend until the end, but the trend has changed from bearish to bullish, so for swing and intraday trades, you should look mostly for longs, not shorts!
I expect this bull market to end in September 2025, so we have plenty of time! Be greedy until the whales dump again for the next bearish cycle.
This is a long-term technical analysis on the weekly / 3D chart. Pullbacks on lower timeframes are possible, so follow me for more updates!
Every bullish cycle looks different, but I look forward to this bullish price action!
Thank you, and for more ideas, hit "Like" and "Follow"!
Let the FOMC front running begin.It's not Deja Vu that brings us back here.
It certainly feels like Ground Hog day in the markets every time Jerome Powell speaks.
All the Trend Lines and Moving Averages Converge for the next FOMC meeting.
Bond Bears are calling this latest move in markets as a mistake to price in 2 rate cuts in 2023.
The game has changed in the past year.
In fact, It's no longer a game but a single flat line at 4k
Hedged Equity Funds are positioned with supportive flows.
And S&P Dealer Directional Gamma Exposure remains supportive and consistently positive.
A Pull back overnight in Futures indicates to me that FOMC will be done at around ~3960 ES. At or around the 20D converges with 50D and 200D.
9D VIX has been telling a different story than stocks and this pullback was expected days ago.
9D VIX is up 50% in the last 7 days from a Low of 14.82 up to 21.84
30D Vix is down 10% in the last 7 days from a High of 21.21 down to 19.19
Naive SPX (total open interest) gamma is 3990 and should be considered a volatility trigger below.
Volatility is expected below 4000 and I'll update if S&P dealer directional gamma exposure goes negative this week.