BITCOIN This week forms the bottom before it turns Parabolic.Bitcoin (BTCUSD) continues to repeat the 2014 - 2017 Cycle in great detail. So far besides the Bear Cycle Lower Highs that broke only after the Cycle bottom was priced, BTC has respected the replicated the two Accumulation phases above the 1W MA50 (blue trend-line), which is 2016 marked the last long-term buy opportunities before the market went on a Parabolic Rally in 2017.
As you can see, even the 1W RSI suggests that in relative terms we are in a pre-parabolic run pull-back similar to January 2017. There are high probabilities that this week is the one that forms the new bottom that will push the market to a continuous rally towards December 2025.
If the top is priced on the 7.0 Fibonacci extension from the Cycle bottom, as it did on December 2017, then we can expect to see at least $200k.
Buy what is your take on this? Do you think we are that close before a parabolic rally? Feel free to let us know in the comments section below!
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Bitcoin (Cryptocurrency)
On the way to 85.5KMorning folks,
So, both our entries worked fine - as on the top of the right arm as on recent pullback to 96k area. Now there are two moments that you have to know.
First is, the risk factor. It comes from weekly bullish grabber pattern , suggesting upside jump above 108K top.
But the problem with it is unclear reasons for this jump. Because fundamental picture for now doesn't support any upside action on BTC. First is, dollar and yields are going higher. Second and what is even more important - the new debt ceil act is not taken yet. We have only temporal act on postponing of this decision. It means that until it will be taken, the US Treasury has to save. And they do - spending cash from their Fed deposit. It means that liquidity for some time will remain narrow, which is bad for BTC and Stock market performance.
Since both our entries are safe already and protected with breakeven stops, we could relax a bit and keep our eyes on 85.5K downside H&S target. If you still would like to go short- you should understand the risk that you take, because your stop now will be above 96K area. And with potential weekly bullish pattern on the back.
Those who have an opposite view on situation and want to buy instead - the weekly pattern is the great one that you could try to use. If price will drop under 91K area, it will mean the failure of this idea.
MAJOR SUPPORT AND RESISTANCE OF BTC BASED ON ORDER BLOCKSCurrent Price Action
Bitcoin is trading around $93,041, showing a consolidation pattern after recent price volatility.
The price action suggests Bitcoin is in a critical zone where traders are watching for directional clues.
Support Levels
$92,000 (Immediate Support):
This level has served as intraday support in recent trading sessions.
High trading volumes were observed near this level, suggesting strong buyer interest.
$90,000 (Psychological Support):
Round numbers like $90,000 act as psychological barriers.
Historically, Bitcoin has respected such levels during both upward and downward movements.
$88,500 (Technical Support):
This level aligns with previous consolidation zones and Fibonacci retracement levels (e.g., the 38.2% retracement from the recent rally).
$85,000 (Major Support Zone):
Represents a deeper correction level but remains a critical support based on long-term moving averages (e.g., the 50-day EMA).
Resistance Levels
$94,500 (Immediate Resistance):
Current trading activity shows selling pressure near this level.
Historically, it aligns with a minor peak from earlier price actions.
$96,000 (Strong Technical Resistance):
Close to the upper boundary of recent trading channels.
Converges with key Fibonacci levels (e.g., 61.8% retracement from the last major drop).
$98,000 - $100,000 (Major Resistance):
$100,000 is a significant psychological level for traders.
Breaking this level would signal a strong bullish trend, likely leading to new all-time highs.
Above $100,000:
If Bitcoin crosses $100,000, potential resistance zones could emerge at $105,000 and $110,000 based on historical extensions and trader sentiment.
Other Key Indicators
Moving Averages:
Bitcoin is trading above the 20-day moving average (~$91,500), which is a bullish signal.
The 50-day and 200-day moving averages (~$88,000 and $80,000, respectively) are major support zones.
Relative Strength Index (RSI):
RSI is near 60, indicating neutral-to-bullish momentum. A move above 70 could signal overbought conditions.
Volume Profile:
High trading volume around $92,000–$93,000 suggests significant activity, marking this as a key price region.
Summary
Supports: $92,000 → $90,000 → $88,500 → $85,000.
Resistances: $94,500 → $96,000 → $100,000.
Traders should watch for breakouts or breakdowns at these levels to determine the next price trend.
BITCOIN TRADE PLAN + TECHNICAL ANALYSIS (ASCENDING TRIANGLE)Bitcoin appears to be forming an ascending triangle, a bullish continuation pattern. The horizontal resistance line is at $95,407, while the ascending support line suggests increasing buying pressure.
A breakout above $95,407 could signal a significant upward move.
Resistance Levels:
Immediate resistance at $95,407.
Secondary resistance levels: $108,330 and potentially higher targets as the trend develops.
Support Levels:
Immediate support near $92,000.
Additional support levels: $88,071 and $85,000.
Indicators Analysis:
VMC Cipher B Divergences: Neutral-to-bullish signals with minimal negative momentum.
RSI (14): The current value of around 44.2 indicates a neutral zone, with potential for upward movement if it crosses the 50 level.
Money Flow Index (MFI): Indicates neutral activity, suggesting balanced buying and selling pressure.
Stochastic Oscillator: Near oversold levels (15.3), implying that a reversal to the upside might occur soon.
Trading Plan
Entry Strategy:
Aggressive Entry: Consider entering at current levels ($94,000) with a small position, anticipating a breakout.
Conservative Entry: Wait for a confirmed breakout above $95,407, with strong volume as confirmation.
Stop-Loss Placement:
Place an initial stop-loss below $92,000 to limit downside risk.
For tighter risk management, consider $93,000 as an alternative stop-loss level.
Take-Profit Targets:
First Target: $100,000 (psychological and round number resistance).
Second Target: $108,330 (next major resistance based on historical levels).
Third Target: Trail-stop strategy to capture potential gains beyond $108,330 if Bitcoin rallies further.
Risk Management:
Allocate no more than 2-3% of your trading capital to this position to manage risk effectively.
Monitor trading volume during the breakout; lack of volume confirmation may indicate a false breakout.
Contingency Plan:
If Bitcoin breaks below $92,000, re-evaluate the bullish thesis and consider a short-term bearish outlook toward $88,071 or $85,000 support levels.
Be cautious of false breakouts, particularly around $95,407.
Keep an eye on macroeconomic events or Bitcoin-specific news that could influence price action.
Bitcoin's ascending triangle pattern and current positioning suggest a bullish breakout is possible. Following this trading plan with disciplined risk management can help capture potential upside while limiting downside risks. Monitor the market closely for breakout confirmation or invalidation.
BTCUSDT: Red Lines Mark the Short-Term Shorting Zones
BTCUSDT: Red Lines Mark the Short-Term Shorting Zones 🚨
As you can see here: I shorted 102.500 level last time. I'm not going to build new position but I want to give some weak points on the chart.
We’re looking at key red lines on the chart—prime zones for short-term shorting opportunities. These aren’t just random lines; they’ve been carefully selected based on market dynamics. Let’s break it down:
Strategic Short Zones: The red lines represent areas where sellers are likely to step in. These are not long-term plays but quick, tactical shorts.
Market Context Matters: Always consider the broader trend. While these zones are ideal for shorts, confirmation from lower timeframes (like 1H or 15M) is essential.
Tools for Precision: I’ll use CDV, volume profile, and liquidation heatmaps to ensure the setup aligns with market sentiment.
Pro Tip: These short-term trades require agility—monitor price action closely and take profits quickly. The market rewards those who plan ahead and execute with precision.
Get ready, trade smart, and let’s make this another winning move. Boost, comment, and follow for more insights! 💥
Let me tell you, this is something special. These insights, these setups—they’re not just good; they’re game-changers. I've spent years refining my approach, and the results speak for themselves. People are always asking, "How do you spot these opportunities?" It’s simple: experience, clarity, and a focus on high-probability moves.
Want to know how I use heatmaps, cumulative volume delta, and volume footprint techniques to find demand zones with precision? I’m happy to share—just send me a message. No cost, no catch. I believe in helping people make smarter decisions.
Here are some of my recent analyses. Each one highlights key opportunities:
🚀 RENDERUSDT: Strategic Support Zones at the Blue Boxes +%45 Reaction
🎯 PUNDIXUSDT: Huge Opportunity | 250% Volume Spike - %60 Reaction Sniper Entry
🌐 CryptoMarkets TOTAL2: Support Zone
🚀 GMTUSDT: %35 FAST REJECTION FROM THE RED BOX
🎯 ZENUSDT.P: Patience & Profitability | %230 Reaction from the Sniper Entry
🐶 DOGEUSDT.P: Next Move
🎨 RENDERUSDT.P: Opportunity of the Month
💎 ETHUSDT.P: Where to Retrace
🟢 BNBUSDT.P: Potential Surge
📊 BTC Dominance: Reaction Zone
🌊 WAVESUSDT.P: Demand Zone Potential
🟣 UNIUSDT.P: Long-Term Trade
🔵 XRPUSDT.P: Entry Zones
🔗 LINKUSDT.P: Follow The River
📈 BTCUSDT.P: Two Key Demand Zones
🟩 POLUSDT: Bullish Momentum
🌟 PENDLEUSDT.P: Where Opportunity Meets Precision
🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs
🌊 SOLUSDT.P: SOL's Dip - Your Opportunity
🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked
🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer
🤖 IQUSDT: Smart Plan
⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One
💼 STMXUSDT: 2 Buying Areas
🐢 TURBOUSDT: Buy Zones and Buyer Presence
🌍 ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results
🟠 IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB
📌 USUALUSDT: Buyers Are Active + %70 Profit in Total
🌟 FORTHUSDT: Sniper Entry +%26 Reaction
🐳 QKCUSDT: Sniper Entry +%57 Reaction
📊 BTC.D: Retest of Key Area Highly Likely
This list? It’s just a small piece of what I’ve been working on. There’s so much more. Go check my profile, see the results for yourself. My goal is simple: provide value and help you win. If you’ve got questions, I’ve got answers. Let’s get to work!
Bitcoin: Can't Rally Because Of Rates?Bitcoin is consolidating within what appears to be a broad head and shoulders pattern. In my previous week's article I wrote about the break of the inside bar highs which had 4K profit potential (see previous article). I mentioned NOT to expect much more from there. Bitcoin has retraced back into the 90K AREA support zone since. Along with that a similar two inside bar pattern is present after a buying attempt which brings me to what I anticipate next.
The two inside bars after a larger bullish candle (see arrow) point to a mini consolidation which if broken can lead to a test of the 100K area (see illustration). Keep in mind, IF the inside bar lows are broken instead, the 90K area can be tested again. Since the broader trend is still bullish, and the 90K support is still intact, I believe there is still a better chance price breaks higher but without any major catalysts behind it, potential is likely limited. It better to take smaller profits in this environment until price can prove there is real buying behind it.
What about the broad head and shoulders pattern? I do not give a lot of weight to such patterns, and would not jump to any conclusions just because one is present. Instead I focus on the key support level which is 90K. This also happens to be the low of the previous monthly BEARISH reversal candle. IF this low is compromised, it is possible to see a test of the 85K area sooner than not. Again this is not something that can be forecast, the market has to confirm one way or the other through price action before we can assess risk.
One other thing worth mentioning is interest rates are nearing highs. While this may not have a major effect on Bitcoin (especially in recent times), it does strengthen the USD and puts pressure on anti inflationary assets like stocks, gold, etc. A breakout here can act as a another factor that can limit Bitcoin potential for the short term. So you can put your party hats away for a while.
In this environment (consolidation), WAIT for support or resistance levels, WAIT for confirmations and look for small bites. Most importantly WAIT for the market to reveal its hand before committing.
Thank for you considering my analysis and perspective.
#202502 - priceactiontds - weekly update - bitcoinGood Evening and I hope you are well.
comment: 91000 - 100000 is still the range and the low held. Bears need a daily close below 91000 for more downside but until then, we are range-bound. Upside max should be 100k. We have been in this range for two months now, I won’t over analyze it. I have given my longer-term opinion in my year-end special and I stick to that until clearly invalid.
current market cycle: trading range
key levels: 90k - 110k
bull case: Bulls have going for them that they kept it above 90k again. Until we have a daily close below it, they are inside the range and at the lows the r:r favors them to trade back up again. 96k is the next target for them if they want more upside to 100k.
Invalidation is below 90k.
bear case: Bears failing at 90k again. Sad stuff but that’s the reality for now. Above 96k they will likely step aside until 100k, where I expect market to make another lower high and we continue in this descending triangle until we get a bigger impulse again.
Invalidation is above 103k.
short term: Neutral. Bearish below 90k and only slightly bullish above 96k for 100k. Will scale into swing shorts near 100k again.
medium-long term - Update from 2024-12-29: 75000 is my biggest target for now and until bears get there, any lower target is just unreasonable. My bias is bearish going into 2025 and I think the odds of a bigger leg down are good.
current swing trade: Took most off my swing short around 92000 and will add higher again.
chart update: Added bear trend line and head & shoulders pattern.
Hmstr/UsdtBINANCE:HMSTRUSDT
### Current Price: 0.003018
The price is at **0.003018**, and it's approaching a resistance level here. The market seems like it's testing this level, and it could either break through or fail to hold.
### Resistance Levels 🔴
If the price breaks through 0.003018, here are the resistance levels to watch for potential upward movement:
- **0.003203**
- **0.003324**
- **0.003533**
### Support Levels 🟢
If the price doesn't hold and drops, here are key support levels where it might find buying interest and reverse:
- **0.002834**
- **0.002533**
### Long Position Explanation 📈
A **long position** means you're betting that the price will go higher. Here's how you can approach it:
- **Entry Point** 📍: Consider entering at or near 0.003018 if you see signs of a breakout (for example, higher volume or strong buying pressure). This level is critical, as it's the resistance. If the price breaks above, it could move to the next levels (0.003203, 0.003324, 0.003533).
- **Target** 🎯: Your targets for a long trade could be the next resistance levels—0.003203, 0.003324, or 0.003533. If the price moves upwards and breaks each level, your position could be profitable.
- **Stop Loss** 🚫: If the price falls below the first support at 0.002834, you may want to cut your losses. A stop loss below this level will help protect your capital in case the price drops significantly.
### Summary 🏁
- **Breakout above 0.003018** 📈 could lead to targets around 0.003203, 0.003324, and 0.003533.
- **Failure to break above** 0.003018 🛑 might lead the price to test support at 0.002834 or 0.002533.
Always manage your risk and trade carefully! 🚀
Disclaimer : Not Financial Advice
EURAUD - Start 2025 with a BIG Win!EURAUD has given us a fantastic opportunity to get in at the very start of a BIG move.
We are currently in an ABC correction. We'e completed waves A and B and now currently in wave C. We're expecting 5 waves from wave C and looks as if we've completed wave 1 and currently in wave 2. We're looking to catch the rest of the move on the break of the trendline.
Trade Idea:
- Safe entry on break of trendline
- Riskier entry within the fibs or anywhere below invalidation
- stops above invalidation
- Targets: 1.6 (700pips), 1.156 (1100pips)
- Taper as we move lower
What do you guys think?
Goodluck and as always, trade safe!
BITCOIN - Price can little correct and then continue growHi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊
Some days ago, the price rose to resistance line and then turned around and dropped to support line, which started to grow.
Then BTC rose to almost to resistance level, after which made a correction to support line and then continued to rise.
Soon, BTC broke $102000 level and reached resistance line, after which price turned around and made downward impulse.
Price broke $102000 level with support line and started to trades inside flat, where it reached $92600 level.
BTC some time traded inside this level, and later price bounced and reached resistance level.
Recently it fell to support level and then started to grow, so, I think it little correct and then continue to grow to $99900
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Bitcoin can exit from pennant and rise to 97300 resistance levelHello traders, I want share with you my opinion about Bitcoin. Looking at the chart, we can see how the price some days ago started to trade inside the upward channel, where it at once rebounded from the buyer zone and rose a little. After this, it corrected to the support level and then in a short time rose to the resistance level, which coincided with the seller zone, but when it reached this level, BTC at once made a small correction. Next, the price finally broke this level and rose to the channel's resistance line, after which it made a correction and some time traded inside the seller zone. Later, the price made an upward impulse, exiting from the upward channel and when it reached 102K points, BTC turned around and started to decline inside the downward pennant. In this pattern, the price dropped to the support line of the pennant, breaking the 97300 and 93300 levels, after which it started to grow. Recently, Bitcoin reached the resistance line of the pennant pattern, breaking the 93300 level. So, given the current market conditions, I expect that BTC can exit from the pennant and then make a correction to the support level. After this movement, the price can start to move up to the 97300 resistance level. For this case, I set my TP at this level. Please share this idea with your friends and click Boost 🚀