Is this the last line of defense for Bitcoin at the $78K mark?It’s been a tough week for cryptocurrencies following Trump's Crypto Summit, as the trend continues to weaken. There’s a possibility that Bitcoin's price may decline to at least $78K, which could pull altcoin prices down even further. Let’s hope Bitcoin doesn’t drop any lower.
Wishing you success!
MRHPx from CRACKadabra
Bearish Patterns
USDJPY Potential DownsidesHey Traders, in today's trading session we are monitoring USDJPY for a selling opportunity around 147.500 zone, USDJPY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 147.500 support and resistance area.
Trade safe, Joe.
10/03/25 Weekly outlookLast weeks high: $93,745.25
Last weeks low: $80,029.90
Midpoint: $86,887.58
Last week in crypto saw the first White House Digital Assets Summit. An event that only as recently as the last bull cycle we could only dream of taking place. In the summit that hosted the biggest names in the space a vow was made by the US Gov never to sell their BTC, to establish stablecoin regulatory clarity and to stockpile various US made altcoins. A historic moment but how did that relate to the chart?
Well BTC dropped 14.6% from weekly high set at the beginning of the week to weekly low set at the end of the week. The most important aspect is how this now looks on the higher time frames, the once strong support level of $91K has now been confirmed as new resistance as BTC tried several times to reclaim it and in the end fell away. This now puts BTC in the FVG area from $91-73K. With no real support until the $73,000 level this is knife catching territory and with the SP:SPX rolling over too I would need a lot more evidence that BTC will turn around before going long with any real size.
This week I anticipate further sell-off, now I would be happy to be proven wrong on that however it does look like we are heading towards FWB:73K where I would like to see buyers stepping up and start to dominate the orderbooks. Structurally that would fill a large inefficiency area with an eye to bounce off support and move back towards currently levels ~ GETTEX:82K as that would be the midpoint of the FVG although that is a few steps in the future.
CPI takes place this week and so volatility may be expected but unless the result is wildly different to the forecast numbers the whipsaw PA should level out fairly neutral.
Invalidation on this idea would be a successful reclaim of $91K which is previous mini range low & 4H 200 EMA resistance.
NZD/USD BEARS ARE STRONG HERE|SHORT
Hello, Friends!
The BB upper band is nearby so NZD-USD is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 0.556.
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GBP/USD SHORT FROM RESISTANCE
Hello, Friends!
Previous week’s green candle means that for us the GBP/USD pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 1.268.
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BTC Down📉 **BTCUSDT Analysis – Bearish Structure on the 15-Minute Timeframe**
The chart indicates a strong downtrend in the 15-minute timeframe. After a continuous decline, the price is attempting a recovery, but this move appears to be more of a correction within the bearish trend. The price has shown weakness after touching the Exponential Moving Average (EMA), increasing the likelihood of further downside movement.
🔹 **Entry Level:** 82,205.98
🔹 **Stop Loss:** 82,376.76
🔹 **Final Target:** 80,572.94
**Key Levels:**
🔸 **Major Support:** 80,572.94
🔸 **Major Resistances:** 84,203.62 and 84,550.93
💡 Paying attention to the overall market trend and price reactions to key levels is crucial. In this strategy, **half of the trade volume should be closed at TP1** to secure profits and manage risk effectively.
BTC 12000-19000 ?!!! Possibly yes...If BTC falls below $49,000, we could see a major drop to the $12,000 - $19,000 range! This level is a critical support, and losing it could trigger a cascade of liquidations.
📉 Watch for confirmation and manage your risk accordingly!
💭 What are your thoughts? Bullish or bearish? Let’s discuss!
#Bitcoin #BTC #Crypto #Trading #CryptoMarket #Bearish #Bullish
Let me know if you want any tweaks! 🚀
BITCOIN BEARS ARE STRONG HERE|SHORT
Hello, Friends!
Previous week’s green candle means that for us the BITCOIN pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 78,724.
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CHF/JPY SHORT FROM RESISTANCE
Hello, Friends!
CHF/JPY is trending down which is clear from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a classical trend following opportunity for a short trade from the resistance line above towards the demand level of 164.774.
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The US Dollar Index is Decreasing - Positive for Cryptocurrency#DXY #Analysis
Description
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+ The Dollar Index has breached its support level and is now trading below it, moving toward the next support zone around $100.
+ This development is positive for Bitcoin and the broader cryptocurrency market, as the US Dollar Index typically declines during a bull run.
+ In the long term, I anticipate further declines, potentially reaching the $90 range.
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Enhance, Trade, Grow
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Best Regards,
VectorAlgo
CRUDE is looking weak. Price connection is expected#CRUDE #Analysis
Description
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+ Crude has formed a nice descending triangle pattern and price has broken down the support line which formed over the years.
+ A clear breakdown from this support would push down the prices further.
+ Next target is 50-40$ range.
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Enhance, Trade, Grow
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Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
US Dollar Is Falling ImpulsivelyTrump tariffs and trade wars continue to dominate the market, and we have seen a strong sell-off in the US dollar recently. This reinforces the idea that the US may not win this battle easily, as some other countries have already responded and are trying to hit back. So it’s not a surprise that in this uncertainty stocks are also in a consolidation, but approaching a potential support.
Finally the USD is coming down, now breaking some key support at 106 which is an important indication for a resumption of a downtrend, especially if we consider that the current sell-off is sharp and can be third of a third wave.
So, a bearish trend can stay in play for much lower levels, mainly because Tariffs are delayed again, until April 2nd. Markets are stabilizing and recovering, while USDollar - DXY remains under bearish pressure with space for more weakness. Risk-On sentiment back?
GBP/CAD SELLERS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
We are now examining the GBP/CAD pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 1.820 level.
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GBP/AUD BEARISH BIAS RIGHT NOW| SHORT
Hello, Friends!
The BB upper band is nearby so GBP-AUD is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 1.991.
✅LIKE AND COMMENT MY IDEAS✅
SILVER BEARS ARE STRONG HERE|SHORT
Hello, Friends!
SILVER is trending down which is obvious from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a classical trend following opportunity for a short trade from the resistance line above towards the demand level of 31.462.
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EUR/CHF SHORT FROM RESISTANCE
Hello, Friends!
EUR/CHF pair is in the downtrend because previous week’s candle is red, while the price is obviously rising on the 1H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 0.942 because the pair is overbought due to its proximity to the upper BB band and a bearish correction is likely.
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EUR/JPY BEARS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
EUR/JPY pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 1D timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 157.265 area.
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EUR/CAD SENDS CLEAR BEARISH SIGNALS|SHORT
Hello, Friends!
We are going short on the EUR/CAD with the target of 1.528 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band. However, we should use low risk here because the 1W TF is green and gives us a counter-signal.
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SELL USDCADUSDCAD Bearish Setup – USD Weakness in Focus
This week, we anticipate USD weakness across the board, with USDCAD positioned for a decline. Short from 1.42932 (Friday’s close), targeting 1.42156 and 1.40938, with stops above 1.43668 (Thursday’s high, expected to hold strong). CPI & PPI data could add volatility, but the broader trend favours the downside.
Use proper risk management.
Best of luck to you all.
USDCHF Confirms Rounded Top ScenarioOANDA:USDCHF is exhibiting a Rounded Top Pattern suggesting further decline is coming
Price is currently Breaking Confirmation of the Pattern
- RSI Below 50
- Bearish Volume Building
Waiting for a Break and Close to Validate a True Breakout
Once Validated, we can look for a Break and Retest Trade Set-up for Shorts from the .898 Area to take down to the Range Target ( .892 - .891 )