$MSTR quick phone idea for 5/23; Short 0DTEThis name seems to have lost steam. I’m all for Saylor and what he believes in but currently this feels set up for a nasty short. Strategy has had numerous monster days to the downside and upside. This thing had a $150 intraday swing off its $550 high. Tomorrow, 5/23, I am going to enter a possible 5-7% short that expires 5/23. Just a quick idea here as I can’t post charts from phone into minds section. Check you guys tomorrow and I’ll be sure to update this. $375, $380, $385.
Bitcoin (Cryptocurrency)
BITCOIN Ready for PUMP or what ?Bitcoin has completed and broken the ascending triangle in the monthly timeframe, The price is currently supported well, which can increase the price. I expect the price to rise to around 600k .
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
KASPA CUP AND HANDLE (TA+TRADE PLAN)Cup and Handle pattern clearly formed with rounded bottom and emerging handle.
This is a strong bullish continuation pattern suggesting a potential breakout once the handle completes.
The neckline resistance is approximately at $0.12, and a breakout above this could trigger a strong upward move.
Support & Resistance Zones (S/R)
Current Price: $0.10895
Major Resistance Levels:
$0.12 (neckline)
$0.14
$0.16
$0.19 (pattern target)
Major Support Levels:
$0.10
$0.085
$0.065
Volume Analysis
Volume increased during the formation of the right side of the cup – a bullish signal.
Volume has decreased slightly during handle formation, which is expected.
Indicators
RSI (14): 52.89 – Neutral zone. Not overbought or oversold. Room for upward movement.
Stochastic (14, 3, 1): 27.76 – Close to oversold; potential bullish crossover incoming.
Money Flow Index (MFI): 62 – Healthy inflow of money, not overbought yet.
Wave Momentum/Cipher B: Shows bullish divergences and momentum building from recent lows.
Price Target (Pattern Projection)
Cup depth: ~$0.12 - $0.06 = $0.06
Breakout target: $0.12 + $0.06 = $0.18–0.19 zone
📈 Trading Plan – KASPA/USDT
Strategy: Cup and Handle Breakout
Entry
Aggressive Entry: Buy near current price ($0.108–$0.11) if expecting early breakout.
Conservative Entry: Buy on confirmed breakout above $0.12 with strong volume (daily close).
Stop-Loss
Place SL below handle low, approx. $0.096–$0.098 (depending on risk tolerance).
Alternative: wider SL below $0.085 support if aiming for longer-term hold.
Take Profit Levels
TP1: $0.14
TP2: $0.16
TP3: $0.19 (pattern target)
Use laddered take-profits for partial exits at each level.
Risk Management
Risk per trade: 1–2% of capital
Use position sizing calculator to adjust size based on SL distance
🔄 Re-entry Plan
If breakout fails, monitor $0.085–0.095 zone for support and potential re-entry on double-bottom or bull flag.
⚠️ Bearish Scenario
Breakdown below $0.085 invalidates cup and handle.
Next support at $0.065.
Reassess structure and macro sentiment.
Golden Cross? No Thanks. Here’s How to Get In Early.” – Part 2📉 “Golden Cross? No Thanks. Here’s How to Get In Early.” – Part 2
By FXProfessor
First of all — thank you for the likes, comments, and support on Part 1. It means a lot. 🙏
Let’s take it a step further today and fill in the gaps.
🔄 Quick Recap:
Last time, we exposed the Golden Cross for what it is —
📉 A lagging tool
📉 A confirmation at best
📉 The afterparty, not the entry
I showed you how EMAs are better than SMAs…
…but structure and trendlines still come first in my world.
⚙️ The FXProfessor Method (In Order):
Trendlines (my style)
Fibonacci Wedges
Structure – channels, ranges, pressure zones
EMAs
Divergences
Other indicators (case-by-case)
📉 Live Example – BTCUSD 1H:
Trendline rejection: We shorted the third touch 💥
Structure zone: Repeated tests + rejection = confidence
Divergences: I use an amazing divergence tool (min divergence = 3)
Result: Market turned exactly where structure and divergence aligned
🧠 A Little Secret:
I have a separate layout just for divergences.
Sophisticated. Tailored.
But even this simplified version shows 3 bearish divergences....
That’s not coincidence. That’s precision. And it comes Fast!
📌 Key Insight:
EMAs can be useful, but they come after the story is already unfolding.
Even if they support the price, by the time they cross — the trade is halfway done.
So remember:
Structure and pressure give us the first clues.
Indicators confirm what structure already told us.
This is what I call:
💡 Trading Rethought.
You don’t need to wait for lagging signals.
You can see the move forming, if you know where to look.
More content coming soon — and yes, it’s going to take your trading to another level.
One Love,
The FXProfessor 🧠📈
Gold Future Move Prediction By Mythic TraderGold Future Move Prediction By Mythic Trader. Gold will 100% touch 3396 by today or by tomorrow. I will let you know the Upcoming Exact targets of it if it bReaks by TP.
This is very exclusise knowledge which no one knows about. Everyone is stucked in 1:2, 1:3,1:5,etc.
No one know or have the Guts to hold or Predict the 1:20,1:30 Trades....
TradeCityPro | Bitcoin Daily Analysis #99👋 Welcome to TradeCity Pro!
Let’s go over the Bitcoin and major crypto index analysis. As usual, I’ll cover the key futures session triggers for New York.
⏳ 1-Hour Timeframe
As you can see on the 1-hour chart, Bitcoin is still trading below the 111817 level and has formed a support at 110455 after multiple rejections from that resistance.
✔️ If this 110455 level breaks, we could see a deeper pullback toward 109195, and potentially even down to 106422.
✨ The RSI oscillator is currently sitting at the 50 support level again. If RSI breaks below 50, it would indicate a weakening bullish momentum and increase the likelihood of a bearish scenario.
💥 However, if RSI holds above 50, it would confirm that buyers are still in control, and the probability of the uptrend continuing increases.
⚡️ The 111817 level remains a very clean and strong trigger for a long position. If price breaks this level, the market could make another leg up.
📊 Make sure to watch the volume closely. If buy volume starts to increase, a breakout above 111817 could offer a strong entry for those not already in a position.
👑 BTC.D Analysis
Bitcoin dominance broke below 63.76 yesterday, which helped altcoins rally, but it has since recovered and moved back above that level.
📈 For now, dominance is ranging between 63.76 and 64.30. A breakout from either side would confirm the direction of the next move.
📅 Total2 Analysis
Total2 was rejected from the 1.26 resistance and has now fallen below 1.23. If this downward move continues, the next support levels are at 1.18 and 1.15.
🔑 If price finds support here and moves back up to retest 1.26, a breakout from that level would be a fresh long trigger.
📅 USDT.D Analysis
Tether dominance found support at 4.38 and is now moving upward.
🧩 As long as it remains below 4.51, the overall market momentum is still considered bullish. But if it manages to stabilize above 4.51, the likelihood of a broader market correction increases.
❌ Disclaimer ❌
Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel.
Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
ADA/USDT: Bullish Move Ahead ? (READ THE CAPTION)By examining the #Cardano chart on the 3-day timeframe, we can see that the price is currently trading around $0.80. If it holds above $0.71, we can expect more upside. The expected return for Cardano is around 30% in the short term, 47% in the medium term, and 85% in the long term.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
Where' s BTC heading to?#bitcoin price did well in May. It was spot buying with good volume, that was positive. I' ve been observing some issues on #btc chart.
CRYPTOCAP:BTC has been moving in an ascending channel, breaking down these channels results with heavy correction. (As CRYPTOCAP:ETH broke a long time ascending channel and dumped heavily months ago) . Plus, There have been a bearish divergence whilst #btcusd moving upside for weeks. I showed the divergence on the chart. 113 - 114K is the very important resistance point for btc price. A hard declination there will result a heavy but healthy correction.
Above 115K with weekly closes are the invalidation. Not financial advice.
BITCOIN is attempting to converge with past Cycles!Bitcoin (BTCUSD) is experiencing the weakest Bull Cycle in its history, a natural product of the Theory of Diminishing Returns (TDM).
This chart couldn't have put it better as we show all Cycles since BTC's first day, one on top of the other. Naturally the first Cycles were the most aggressive, witnessing extraordinary gains as the upside potential of a fresh market was enormous in its early days.
The 2015 - 2017 (blue trend-line) and 2019 - 2021 (black trend-line) Bull Cycles have been harmonized to a more traditional capital market state and this is obvious on their trend-lines, which exhibit similar parallel price action. Whenever the two diverged, they converged at some point during the Cycle.
The current Cycle (2023 - 2025) following the late February 2025 divergence, is now attempting to converge again with its strong rebound in the past 6 weeks. Being however within a Channel Up throughout the entirety of the Cycle, it appears that it will do so in a structured way and as the TDM suggests, will offer weaker gains.
What we can project, as we've shown on previous studies in great detail, is the timing of the Cycle Top. Based on past Cycles, it should be within October - December 2025. Timing your exit strategy can perhaps be more effective than assigning a certain Target, even though the peak is expected to be anywhere within the $150k - $200k range.
So do you agree that the rise we're witnessing is the Cycle's attempt to converge with past ones and close the gap before it tops? Feel free to let us know in the comments section below!
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Bond Market Breakdown: Why Yields Are Surging and What It Means 🚨 Market Recap – May 2025 Edition
This week, markets sent a clear message: rising yields are shaking the foundation. In this video, I break down the key events driving the spike in U.S.
Treasury yields — the highest in nearly two decades — and what that means for major assets like:
💵 DXY (U.S. Dollar)
📉 XAU/USD (Gold)
🟠 BTC/USD (Bitcoin)
We unpack:
Why the dollar is showing strength despite long-term fiscal concerns
How bond market stress is impacting investor sentiment across all asset classes
What rising yields mean for your portfolio — in plain language
Why this might be the most important macro signal traders are missing right now
If you’re a trader, investor, or just trying to understand what’s really moving the markets, this recap connects the dots.
📊 Watch now to stay ahead.
🔁 Feel free to share or comment with your thoughts!
#MarketRecap #BondYields #DXY #Gold #Bitcoin #MacroAnalysis #TradingView #InvestorInsights #FX #Crypto #TradingStrategy
Core Scientific (CORZ) – Mining Bitcoin to Powering AICompany Snapshot:
Core Scientific NASDAQ:CORZ is evolving from a crypto miner into a high-density colocation provider, strategically pivoting into the explosive AI infrastructure space.
Key Catalysts:
Strategic Shift to AI Infrastructure 🧠📡
$1.2B agreement with CoreWeave expands AI compute colocation footprint
Signals institutional validation of CORZ’s infrastructure capabilities
Massive Power Footprint ⚡
1,300 MW capacity across North America
Ideal for power-hungry AI training and inference workloads
AI & HPC Market Tailwinds 🚀
AI infrastructure demand is surging; CORZ is positioned as a first-mover
Colocation demand outpacing supply = pricing power & revenue upside
Transformation Narrative 📈
Transitioning from volatile crypto dependence to stable, high-margin AI hosting
Increased diversification and enterprise appeal
Investment Outlook:
✅ Bullish Above: $8.75–$9.00
🚀 Upside Target: $15.00–$16.00
📈 Growth Drivers: Strategic AI pivot, large-scale power assets, and long-term demand for compute
💡 Core Scientific – No longer just mining blocks, now powering breakthroughs. #CORZ #AIInfrastructure #DigitalTransformation
BTC: New All-Time High, What's Next?#Bitcoin reached a new ATH this week, confirming the early April low as a key bottom. With no resistance above, the sky is the limit. But breaking $102K could signal a correction, and $74.5K would mark a major trend shift.
Still, the risk/reward for buying BTC now is poor. Based on past cycles, altcoins usually shine after BTC tops due to capital rotation. So, now is the time to focus on strong altcoins with real activity.
Bitcoin H1 | Pullback support at 23.6% Fibonacci retracementBitcoin (BTC/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 109.174.00 which is a pullback support that aligns with the 23.6% Fibonacci retracement.
Stop loss is at 105,800.00 which is a level that lies underneath a multi-swing-low support and the 50.0% Fibonacci retracement.
Take profit is at 113,948.50 which is a resistance that aligns with the 100.0% Fibonacci projection.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Global LLC (tradu.com ):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
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Next Target: Right Fibonacci Ratio 2.24 (116940.43)
Hello, traders.
If you "Follow" me, you will always get the latest information quickly.
Have a nice day today.
-------------------------------------
(BTCUSDT 1D chart)
It was supported near the Fibonacci ratio 2 (106178.85) and rose to renew the new high (ATH).
If this upward trend continues, it is expected to rise near the Fibonacci ratio 2.24 (116940.43).
-
If it falls,
1st: 102302.08
2nd: 97226.92
3rd: 89294.25
You need to check which of the 1st and 3rd areas above is supported.
Since the M-Signal indicator on the 1D chart is passing near the 1st area, if it falls below this, there is a possibility that it will turn into a short-term downtrend.
The M-Signal indicator on the 1W chart is still rising around 94K, but since the 97226.92 point is the HA-High indicator point on the 1W chart, I think it is likely to continue the upward trend if it receives support around this area.
The 89294.25 point is the HA-Low indicator point on the 1D chart, so if it receives support around this area, it is a good time to buy.
-
(30M chart)
If the price continues to rise by renewing the ATH, it is difficult to set support and resistance points.
Therefore, you need to be careful when trading coins (tokens) that are renewing the ATH.
Therefore, I think it is better to trade in a short-term trading (day trading) method, but to leave the number of coins (tokens) corresponding to the profit for the profit realization method.
In other words, when the price rises and then falls by the purchase price, the method is to sell only the purchase amount (+ transaction fee) to leave the coin (token) corresponding to the profit.
When selling, you should not sell the number of coins (tokens), but you should sell only the purchase amount.
You do not necessarily have to sell all of the purchase amount, but if possible, it is better to sell close to the purchase amount.
The reason is that when the price plummets or turns downward, there is a possibility of psychological pressure.
In my chart, the trading strategy is when the HA-Low and HA-High indicators are touched.
If it is supported near the HA-Low indicator, it is the time to buy, and when it meets the HA-High indicator, it is the time to sell.
However, if it is supported near the HA-High indicator, there is a possibility that a stepwise upward trend will continue, so a split selling strategy is necessary.
On the other hand, if it falls after receiving resistance from the HA-Low indicator, it is likely to show a stepwise downtrend, so a split buying strategy is needed.
-
When you meet the HA-Low and HA-High indicators, if you check the movement of the OBV indicator, it can help you create a trading strategy.
That is, when the OBV indicator breaks upwards through the Low Line, High Line, and OBV EMA, the price is likely to rise, and if the opposite happens, the price is likely to fall.
-
Thank you for reading to the end.
I hope you have a successful trade.
--------------------------------------------------
- This is an explanation of the big picture.
(3-year bull market, 1-year bear market pattern)
I will explain more details when the bear market starts.
------------------------------------------------------
Bitcoins LinesPrice is approaching previous highs with strong bullish momentum and no major resistance until the red-marked level around 240,000. Given the breakout structure and Fibonacci confluence, the most likely scenario is continuation toward the 140,000–160,000 range before facing any significant rejection. A stop loss would be prudent just below 91,000, with the initial target set at 139,000, and extended TP zones at 155,000 and 239,000. This trade aligns with a longer-term macro trend.
BTC hits ATH – But this hidden signal could ruin the rally!Bitcoin (BTC) has been in a steady and impressive uptrend over the past two months, with nearly seven consecutive weekly green candles forming on the chart. This sustained bullish momentum signals strong buying pressure and growing confidence among market participants. Such a consistent rally is rare and often indicates a broader shift in sentiment, suggesting that Bitcoin may be entering a new phase in its market cycle.
Price discovery
Recently, BTC broke through its previous all-time high (ATH) of 110K on the lower timeframes, a significant technical development. This breakout means BTC is now trading in price discovery territory, where there is no historical resistance to guide price action. While this opens the door for further gains, traders should remain cautious. Upcoming daily and weekly candle closes will be critical in determining whether this breakout is sustainable. For the move to be confirmed, Bitcoin needs to close multiple weekly candles above the previous ATH. If instead, the price falls back below the ATH on either this weekly close or the next, it could introduce downward pressure and potentially signal a failed breakout.
As we navigate this pivotal moment, it's crucial not to get swept up in the euphoria. While the price action is undoubtedly bullish, certain technical indicators warrant close monitoring to avoid complacency. In particular, the weekly Stochastic RSI and the weekly RSI are now at levels that deserve attention.
Stochastic RSI
The weekly Stochastic RSI is entering overbought territory, even before this week’s candle has closed. This suggests strong bullish momentum is currently driving the market. However, history shows that when the Stochastic RSI enters the overbought zone, it often marks areas where it was wise to take partial profits. If the blue and orange lines on the Stochastic RSI begin to cross back below the 80 level, it could indicate a weakening of momentum and the possibility of a short-term correction. That scenario becomes more likely if Bitcoin fails to continue making higher highs in the weeks ahead.
Relative Strenght Index (RSI)
Meanwhile, the Relative Strength Index (RSI) is approaching a critical resistance trendline. In previous market highs, we’ve seen the RSI top out at 89, followed by a high of 80 despite new highs in BTC’s price, a classic case of bearish divergence. If Bitcoin fails to push significantly higher in the coming weeks and the RSI does not break above the 80 level, we could be looking at a potential triple bearish divergence. This would be a strong warning signal that momentum is waning, and it could lead to a broader correction.
For this reason, it is crucial that Bitcoin continues to push upward with conviction. The RSI must break through its historical trendline and post a new high above 80 in order to invalidate the threat of bearish divergence. Should the market fail to do so and instead roll over, we may experience increased volatility and downside pressure as we move into the summer months.
Conclusion
In conclusion, while Bitcoin is exhibiting powerful bullish behavior and appears poised for further gains, the sustainability of this rally hinges on continued momentum and strong technical follow-through. Specifically, Bitcoin must maintain closes above its previous all-time high, avoid a bearish cross on the Stochastic RSI, and see the RSI break above its recent highs to neutralize the threat of bearish divergence. If these conditions are not met and momentum fades, the market may face a period of consolidation or correction in the near term. Staying vigilant and objectively monitoring these indicators will be essential for navigating what comes next.
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BTC is high! Any Weakness?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
Bitcoin Breaks to All-Time Highs — What’s Next for Price Structure?
Bitcoin has officially pushed into new all-time highs, and while the move wasn’t entirely unexpected, it still packs a punch. We discussed this possibility in recent videos, though I wasn’t fully convinced at the time. That’s the nature of trading—uncertainty is the cost of admission, and conviction builds as structure confirms.
As always, I was watching the price action closely. BTC started providing the clues needed to lean into the more bullish interpretation. The levels held. The flips were clean. Momentum lined up.
That said, I did take some speculative shorts at lower degrees—not to fight the trend, but to respect possible overextensions within the count. For those following the Elliott Wave roadmap, these intraday reactions were worth probing, but nothing confirmed a larger reversal yet.
The key now is structure.
We’re currently navigating uncharted territory, and in these zones, understanding wave context and market behavior around prior resistance becomes even more critical. There’s no overhead supply—only psychology, fib projections and profit-taking to watch for.
Here’s what I’m focused on:
Clear labeling of the motive sequence—is this the end of a Wave 3 or just a smaller subdivision?
Volume behavior and momentum divergence—looking for any signals that we’re near exhaustion.
Pullback zones—marking areas where Wave 4 or consolidation might emerge, if it’s due.
This is a time to stay sharp, not euphoric.
Trade safe, trade smart, trade clarity.
IBITUSDT | Volume Speaks FirstRight now, IBITUSDT is showing more volume than even Binance’s pair . That alone tells me where the real activity is — and this is the chart I’ll be tracking .
I’m not interested in premature entries. I’ll be watching below the green line for potential setups , but only with clear confirmation on lower timeframes.
“I will not insist on my short idea. If the levels suddenly break upwards and do not give a downward break in the low time frame, I will not evaluate it. If they break upwards with volume and give a retest, I will look long.”
Most traders follow the noise. I follow the volume. That’s how I stay accurate.
📌I keep my charts clean and simple because I believe clarity leads to better decisions.
📌My approach is built on years of experience and a solid track record. I don’t claim to know it all but I’m confident in my ability to spot high-probability setups.
📌If you would like to learn how to use the heatmap, cumulative volume delta and volume footprint techniques that I use below to determine very accurate demand regions, you can send me a private message. I help anyone who wants it completely free of charge.
🔑I have a long list of my proven technique below:
🎯 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
📊 XNOUSDT %80 Reaction with a Simple Blue Box!
📊 BELUSDT Amazing %120 Reaction!
📊 Simple Red Box, Extraordinary Results
I stopped adding to the list because it's kinda tiring to add 5-10 charts in every move but you can check my profile and see that it goes on..
BTC - Why THIS TIME is DIFFERENT (⊙ˍ⊙)This time IS DIFFERENT. Bitcoin has made a new ATH as I predicted in a few previous posts, but something's off...🤔
If we look at BTC from a macro view, the dates for this run up was quite extended. We do see some similarities in terms of the retracement (highlighted in blue) but from a timeframe analysis, there is no comparing this high to the previous:
stretching from March to October where classical bear market symptoms were show - lower highs and lower lows, with a duration unlike any of the previous cycles.
Interestingly, the previous season we increased not even 7% from the previous peak. And if we were to look at the same fractal, that places us around $116k.
But the ONE thing, that has had me suspicious this entire time (🥁) was ETH. Overlaying the ETH chart, we see that historically, ETH peaked a week or two after the BTC ATH - until this time.
The fact that BTC made such a dramatic ATH and Ethereum didn't? That was a new one. And even up to now, ETH is still 80% away only from it's previous ATH - imagine the altseason we will have IF ETH makes a new ATH... or will this time just be , different ?
BITCOIN (BTCUSD): The Next Resistances
As Bitcoin is trading in the no man's land again,
violating a resistance cluster based on a previous ATH,
here are the next potentially strong resistance to watch.
Resistance 1: Narrow area based on 115000 level - the closest strong
psychological level.
Resistance 2: Narrow area based on 120000 level - the next
psychological level.
Resistance 1 is going to be the next goal for the buyers
and will most likely reached soon.
Its breakout will push the prices to Resistance 2.
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Bitcoin may break support level and fall to support lineHello traders, I want share with you my opinion about Bitcoin. In this chart, we can see how the price a few moments ago declined, but then turned around and started to grow inside an upward wedge. Price at once rebounded from the support line of the wedge and made an upward impulse to the support level, which coincided with the buyer zone, after which it broke it and made a retest. Then BTC rose to the resistance line, after which it corrected to the 100900 support level and then started to slowly grow in the wedge. Some time later, Bitcoin rose to the current support level, which coincided with the support area and even climbed a little higher to the resistance line of the wedge, but soon dropped to the support line. Next, price turned around and made an upward impulse from this line, breaking the 105800 level, and at once made a retest. After this movement, BTC continued to grow and reached the resistance line of the wedge, but recently it rolled down, so now I expect that the price can rise a little. After this movement, in my opinion, BTC can drop to the support line of the wedge, breaking the current support level. Therefore, I set my TP at this line - 104200 points. Please share this idea with your friends and click Boost 🚀