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GOLD (XAUUSD) Extraordinary SELL ComingGold (XAU/USD) Trading Signal and Analysis Current Price: 2,743 USD Sentiment: Bullish momentum continues despite potential volatility linked to macroeconomic factors, including Trump's return and increased demand for safe-haven assets by financial institutions. Technical Outlook: The price is currently testing a high zone between 2,743 and 2,751, approaching the upper boundary of its recent bullish range. A retracement is anticipated, targeting at least 30% of Fibonacci retracement, aligning with a move toward the lower band of the Bollinger Band. Signal: Sell Zone: Enter short positions between 2,743 and 2,751. Target: Aim for a price level near 2,670 on higher timeframes. Stop-Loss: Set a stop-loss according to your portfolio risk tolerance. Position it slightly above 2,760 to account for potential breakouts. Analysis and Strategy: Macro Factors: Bullish pressure is driven by demand for gold as a safe-haven asset. However, retracement is expected due to market corrections and profit-taking. Technical Indicators: Anticipated correction aligns with Fibonacci 30% retracement. Bollinger Bands suggest a possible pullback towards the lower band as price reverts to the mean. Support: Support Zones: 2,670, with a minor level at 2,680. Resistance Zones: 2,751–2,760. Recommendation: Use position sizing and stop-loss placement that align with your portfolio's risk management strategy. Adjust take-profit targets if momentum extends the retracement. Please show support by following, comment, like and share.
OANDA:XAUUSDShort
by Quinn901
Is BTC ready to explode or should we brace for a deeper drop?The pressure is mounting! Are we about to witness a massive breakout, or should we prepare for a deeper correction? The BTCUSDT chart is coiling into a elliott pattern, a classic bullish setup—but remember, trading is never guaranteed, and the market loves to test us! Here’s the full breakdown of what we’re seeing right now: 💎#BTC previously enjoyed a strong rally and made new ATH but due to #TRUMP not mentioning any words for crypto we have seen a massive sell pressure. 💎But according to elliott wave count, we are heading towards 3rd impulsive wave targeting 120-125k . 💎After that we can see a slight pullback making a 4th corrective wave 💎And then we can see #Bitcoin to final All-Time-High making at 130k level most probably Stay patient, and always wait for confirmation before taking any action. Discipline is the key to long-term success!
Long
by CryptoBlinders
TOTAL3 - ALT SEASON - Bull Swing CRYPTOCAP:TOTAL3 is ready for the Alt Season. #Altcoins will be rockin' the boat in '25. CRYPTOCAP:BTC.D is running out of steam, thus opening the door for #AltSeason to start. The correction on MARKETSCOM:BITCOIN Dominance is the key to #Alts to shine. 1.13T MC has been touched, previous #ATH. Now CRYPTOCAP:TOTAL3 is in a Wave 4 (#ElliottWave Triangle), with Wave 5 of the Larger Degree C Wave about to shoot. Targets between the #Fibonacci Extensions 200-261.8%. That's the 1.5T to 1.8T range.
CRYPTOCAP:TOTAL3Long
by EW4X
BTC CMEAfter touching the weekly BISI, the price dropped behind the stops in the shorts, the daily BIs became an inversion and gave support to the price without pushing it down. If this is a Екгьз rally, we will see how the price will react within 4 hours, a selling pattern is formed, there is inefficiency, a block of refusal is possible, which can lower the price to 0.5 range Will this move be to fill the weekly BISI again or will it continue to send orders up? Now those who entered long have opened positions, I think the price will follow their stops
CME:BTC1!Short
by Jojo2075
The last bullish chance of BITCOIN in Short term!As I mentioned, Bitcoin reached its target and then the price corrected. Now until the end of the week, the market is very risky, and I think the price can rise to $107K. Previous analysis The Crypto Market Game: How to Win Against Fear and Manipulation Did you really think profiting from the current bull run (a comprehensive upward market) would be easy? Don't be naive. Do you think they’ll let you buy low, hold, and sell high without any struggle? If it were that simple, everyone would be rich. But the truth is: 90% of you will lose. Why? Because the crypto market is not designed for everyone to win. They will shake you. They will make you doubt everything. They will create panic, causing you to sell at the worst possible moment. Do you know what happens next? The best players in this game buy when there’s fear, not sell—because your panic gives them cheap assets. This is how the game works: strong hands feed off weak hands. They exaggerate every dip, every correction, every sell-off. They make it look like the end of the world so you abandon everything. And when the market rises again, you’re left sitting there asking, “What just happened?” This is not an accident. It’s a system. The market rewards patience and punishes weak emotions. The big players already know your thoughts. They know exactly when and how to stir fear, forcing you to give up. When you panic, they profit. They don’t just play the market—they play you. That’s why most people never succeed: they fall into the same traps over and over again. People don’t realize that dips, FUD (fear, uncertainty, doubt), and panic are all part of the plan. But the winners? They block out the noise. They know that fear is temporary, but smart decisions last forever. We’ve seen this play out hundreds of times. They pump the market after you sell. They take your assets, hold them, and sell them back to you at the top—leaving you with nothing, wondering how it happened. Don’t play their game. Play your own. 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.💚
Long
by CobraVanguard
2
BCHUSD at Key Support – Potential Buy SetupCOINBASE:BCHUSD is trading within a significant demand zone where buyers have previously stepped in, causing strong reversals. The recent pullback into this area indicates the potential for a bullish reaction. If the price shows bullish confirmation—such as engulfing candles or wicks rejecting lower prices—a move toward the 460.00 level is expected. This zone could act as a base for buyers to regain control. However, if the price breaks below this support zone, the bullish outlook will be invalidated, and further downside could follow.
COINBASE:BCHUSDLong
by DanieIM
Bitcoin Dominance: Elliott Wave and Harmonics Combo (Part 2)MARKETSCOM:BITCOIN Dominance ( #BTC.D / CRYPTOCAP:BTC.D ) indeed started the rise I predicted back in late '22. CRYPTOCAP:BTC rose to the limits, exceeding the 100K Mark. In #ElliottWave, this is Cycle Wave C (turquoise). Primary Wave ① (white) completed, with the Corrective Primary Wave ②now in play. The Correction will pave the way for Alt Season to commence, so the focus will shift to Alt Coins. #Harmonics are showing #Cypher Patterns, a combo actually, on different degrees. Bitcoin Dominance ( BTC.D ) Technical Analysis: * Elliott Wave Impulse: Cycle C (turquoise) * Harmonic Patterns: Bullish Cyphers * 88.6% Fibonacci Retracement * Break-Out with Divergence * Leading Diagonal in Primary Wave ① (white) Conclusion: After a last rise, expecting MARKETSCOM:BITCOIN to top-out and start a Larger Correction. Alt Season to start and deliver, based on #BTC losing ground. After this, CRYPTOCAP:BTC to continue ruling, as the one and only #Cryptocurrency.
CRYPTOCAP:BTC.D
by EW4X
1
Bitcoin will have major correction again?It' s near clearly seen that #bitcoin #btc chart is in Wyckoff' s Distribution Schematic. While president takes place, #btcusd made the up thrust and then retraced. If CRYPTOCAP:BTC manages to make a new impulsive movement to record a new ATH soon, then this bearish bias will be postponed. Remember my posts in start of march 2024, i said same. A quick new ATH is the (temporary) invalidation, otherwise " welcome the new major correction." Not financial advice. DYOR.
by naphyse
BITCOIN The March effect is about to kick-inTrump's inauguration took place yesterday and that's perhaps the one event that the markets have been waiting for to kick-start the year without distractions. On today's analysis we go through every January of Bitcoin's (BTCUSD) final year of its Bull Cycles and present to you what we will call from now on 'The March effect'. As you can see, the price action coming to those January months is fairly similar between that last 4 Cycles. The price finds Support below its 1D MA100 (green trend-line), then breaks above it and with that as its new Support, it rises towards January where it starts the first Consolidation Phase. After a new Low near (or on) the 1D MA100, the market resumes the uptrend and rise towards March where again it starts a second Consolidation Phase. As a result, January - March during the Bull Cycle's final year deliver this incredibly bullish sequence and we can claim that the phenomenon has already started as January 13 2025 was a close enough test for the 1D MA100. We are expecting a March peak around $130k. So do you think we will see the 'March effect' unfold once more and if yes is $130k a plausible target in your opinion? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSDLong
by TradingShot
10
BTCUSD Reverse Triangle BTC peaked on November 23 and then entered a sideways corrective formation. The corrective formation is called a reverse triangle, and it is characterized by the following features: Three consecutive lower bottoms (A-B-C) Two consecutive higher tops (B-D) With the potential completion of the E bottom of the triangle, we can take a buy position on a lower timeframe if we identify a reversal pattern at the bottoms. The initial target is a new all-time high.
INDEX:BTCUSDLong
by voulgarakis
Bitcoin Price Analysis: Breakout Potential and Targeted Upsidehello guys! The Bitcoin (BTC) price chart shows a strong upward trend after breaking out from a key resistance level. The breakout occurred around January 20, 2025, when the price surged through a horizontal resistance zone. The bullish momentum suggests that the price is headed toward the next significant resistance level near $110,000, marked by a potential target zone highlighted on the chart. what I see: Breakout Confirmation: BTC has successfully broken out from a consolidation zone, as indicated by the strong upward movement after the breakout. Bullish Channel: The price is trading within an upward-sloping channel, with the breakout occurring near the middle of the channel. This suggests that the market has significant upward potential. Potential Resistance: The next critical resistance lies at the $110,000 level, and if the price continues to gain momentum, it could reach $115,000, as seen in the forecasted range. Support Level: A major support level lies near $99,000, which could provide a strong base for any short-term pullbacks.
Long
by melikatrader94
5
Trading BTC with a Solid Plan Is Crucial for Success—Here’s Mine🌟 In this video, I share a trade idea along with my detailed trading plan and we highlight why a well-structured strategy is 🔑 key to success. Discover how to trade BTC Bitcoin 🪙 using a trend continuation approach while leveraging TradingView's powerful tools and features to gain a real edge in the markets. 🖥️✨ Here’s what we’ll cover: 📊 Trend Analysis: A top-down review of market direction to identify opportunities. 📈 Market Structure & Price Action: Key insights into how price moves and behaves. 🎯 Trade Planning: Using higher timeframe support and resistance levels to set stop loss and target points. 🛠️ TradingView Features: Practical tools to refine your analysis and boost efficiency. This video is an in-depth guide to trading effectively with a proven strategy, enhanced by TradingView's unique capabilities. 🚀 Please remember, this is not financial advice. 📜
by fxtraderanthony
41
Bullish and Bearish Catalysts for Bitcoin in 2025 Overview🔸Bullish Catalysts for Bitcoin in 2025 1. Institutional Adoption Broader Integration: Continued adoption by institutions like pension funds, banks, and asset managers could increase demand. Bitcoin ETFs: Expansion of spot Bitcoin ETFs globally, especially in the U.S., would make Bitcoin more accessible to retail and institutional investors. Corporate Treasury Investments: More companies might allocate Bitcoin as a reserve asset, following the lead of MicroStrategy and Tesla. 2. Macroeconomic Factors Inflation Hedge Narrative: Persistently high global inflation could bolster Bitcoin's appeal as "digital gold." Monetary Policy: Potential quantitative easing or rate cuts by central banks could drive capital into risk assets, including Bitcoin. 3. Technological Improvements Bitcoin Lightning Network: Enhanced scalability and adoption of the Lightning Network for microtransactions and DeFi applications could improve Bitcoin's utility. Layer-2 Solutions: Development of new layer-2 technologies could further expand Bitcoin's use cases. 4. Halving Event 2024 Halving Impact: The Bitcoin halving in April 2024 reduced the block reward from 6.25 BTC to 3.125 BTC, tightening supply. Historically, halving events have driven significant price rallies 12-18 months afterward. 5. Regulatory Clarity Positive Legislation: Clear and favorable regulations in major markets (e.g., the U.S., EU) could foster confidence and attract institutional investors. Global Coordination: A unified global regulatory approach could reduce uncertainty and boost adoption. 6. Retail and Emerging Market Growth Global Awareness: Growing understanding of Bitcoin in developing nations as a hedge against local currency devaluation. Remittances: Increased use of Bitcoin for low-cost international remittances. 7. Increasing Scarcity Fixed Supply: Bitcoin’s capped supply of 21 million ensures increasing scarcity as adoption grows. HODLing Behavior: Long-term holders removing BTC from circulation could drive supply-side pressure. 8. Geopolitical Instability Flight to Safety: Increased demand during global uncertainty, economic crises, or capital controls. 9. Integration with AI and Web3 Synergy with AI: Growth of AI and blockchain integrations may create new use cases for Bitcoin. Web3 Economy: As a foundational layer for decentralized ecosystems, Bitcoin could see broader adoption. 10. Media and Cultural Sentiment Positive media coverage, endorsements by public figures, and societal shifts toward decentralized technology could amplify Bitcoin's appeal. 🔸Bearish Catalysts for Bitcoin in 2025 1. Regulatory Risks Government Crackdowns: Strict bans or heavy taxation on Bitcoin trading, mining, or usage could dampen demand. Unfavorable Laws: Restrictions on self-custody wallets or excessive KYC/AML requirements could deter users. 2. Competition Rise of Altcoins: Advanced layer-1 blockchains like Ethereum, Solana, or newer platforms may attract capital away from Bitcoin. Central Bank Digital Currencies (CBDCs): Widespread adoption of CBDCs could limit Bitcoin’s appeal for transactions and as a reserve asset. 3. Macroeconomic Headwinds High Interest Rates: Sustained high rates could make traditional assets like bonds more attractive than risk assets like Bitcoin. Deflationary Pressures: A global economic slowdown or recession could reduce investor appetite for speculative assets. 4. Technological Challenges Scalability Concerns: Bitcoin’s limited throughput might restrict its utility in a high-demand environment. Energy Criticism: Renewed criticism of Bitcoin mining’s environmental impact could harm its reputation. 5. Market Manipulation Whale Activity: Large holders (whales) dumping Bitcoin could lead to significant price declines. Wash Trading: Perceptions of manipulation on unregulated exchanges could erode trust. 6. Security Threats 51% Attack: A hypothetical (though unlikely) scenario where a mining pool gains majority control of the network. Quantum Computing: Advances in quantum computing could pose a threat to Bitcoin’s cryptographic security. 7. Sentiment Decline Media FUD (Fear, Uncertainty, Doubt): Negative media coverage or misinformation campaigns could harm retail sentiment. Retail Exit: Declining interest among retail traders and investors could reduce market activity. 8. Post-Halving Sell-Off Historically, there is often significant volatility following halving events, with potential for a sharp sell-off if expectations aren’t met. 9. Legal Risks Lawsuits Against Key Players: High-profile cases involving Bitcoin-related firms or individuals could hurt investor confidence. Fraudulent Activity: Large-scale scams involving Bitcoin could tarnish its reputation. 10. Network Fragmentation Forks: Another contentious fork or network split could undermine confidence in Bitcoin’s stability. 🔸Conclusion In 2025, Bitcoin’s price will likely be influenced by a complex interplay of factors. Bullish catalysts such as institutional adoption, the 2024 halving, and technological improvements could drive significant growth, while bearish risks like regulatory crackdowns, competition, and macroeconomic headwinds could suppress its momentum. 🔸Ultimately, Bitcoin’s performance will depend on how these dynamics unfold and the broader evolution of the crypto market. Diversification and due diligence remain key for investors.
BINANCE:BTCUSDLong
by ProjectSyndicate
21
Bearish Bitcoin All 2025???Those little pushes you see now? They might be the last ones. Bitcoin could trend downward until 2026, with a potential slight reversal in October. The best part is that Altcoins, especially XRP, might take center stage and have their moment. At first, I was projecting Bitcoin to hit 75k, but now, my target has shifted to 60k…possibly even 55k by 2026 before any new highs (125k). Let’s see how it plays out…I could be wrong. I’m holding BTC too so…🤷🏽‍♂️
by drbernard
HODLing versus Day Trading. aka Hoping versus ControlFrom my experience I've learned that I prefer control of my profit rather than holding and hoping. With there being over 14,000 crypto projects to choose from, there is no guarantee that each market will go back up. The marker caps are already rather expensive, so to double your money on Bitcoin for example it has to go to $200k, whereas with prop firm day trading I can double my position's size in within an hour. I have created a trading strategy to support my desire of control. If you too like control over your profit, then stay close to my work.
COINBASE:BTCUSD
by Blayno_MTOPS
ATCryptoScan - the issue with the BTCUSD rally...Overall, and fundamentally, Bullish on Crypto. However, few things are red flagging... A surprise sudden rally that appears to have ended yesterday with a long upper tail to close the daily candle in very bad shape. This candle itself shows the selling pressure, above the previous day down candlestick that is pretty much a Bearish Engulfing. The recent reversal represents a double top (perhaps?), albeit there is a higher high; but for Crypto I would tend to disregard this due to volatile nature of the asset anyways. Price action also broke out of a decision box (purple) and broke back in again, typically expect to extrude the other (lower) side. Meanwhile, the RoVD has tapered below zero although still green. So, perhaps the projected path is still intact and BTCUSD is moving somewhat to expectations... So aiming for Feb @75K...
BITSTAMP:BTCUSDShort
by Auguraltrader
Is the Tide Turning for OMNIUSDT? Key Levels and Signals to WatcThe cryptocurrency market is alive with intrigue as OMNIUSDT hovers at $9.493, a far cry from its all-time high of $33.523, marking a dramatic 71% deviation from its peak​. But the story doesn’t end there. With the Relative Strength Index (RSI) stabilizing near neutral at 45, the asset teeters between oversold and recovery zones​. Could this be the calm before a storm? Recent price patterns, including a "Sell Volumes Take Over," suggest a market grappling with direction but rich with opportunity​​. Resistance looms at $11.135 and $11.646, key battlegrounds that traders are closely eyeing for breakouts​. Meanwhile, the 233-day Moving Average hints at a robust floor, offering potential support for buyers looking to capitalize on discounted prices. So, is this your moment to seize the next big move? The market seems ripe with possibilities, but only decisive action can turn speculation into strategy. As the technical indicators align, the question lingers: are you ready to ride the wave? Roadmap: Tracing OMNIUSDT Through the Lens of Price Patterns 1. Sell Volumes Take Over (2025-01-20 19:00 UTC) The pattern "Sell Volumes Take Over" signaled a buy direction, closing at $10.405. The price movement showed resilience, creating a momentum of +0.89%. However, the next pattern “Increased Sell Volumes” didn’t confirm this direction, as the closing price dropped to $10.025. This suggests the trigger point wasn’t activated, and this pattern might be skipped. 2. Increased Sell Volumes (2025-01-20 17:00 UTC) Main Direction: Sell This pattern played out effectively as the subsequent price dropped from $10.025 to $9.785 in the following “VSA Manipulation Sell Pattern 2nd.” With a -0.84% move, the pattern's bearish signal validated the sell momentum. 3. VSA Manipulation Sell Pattern 2nd (2025-01-20 10:00 UTC) Main Direction: Sell This pattern confirmed its bearish stance with a closing price of $9.785 and a further dip into the range of $9.516 as identified by the subsequent “Increased Buy Volumes” pattern. Despite the downtrend, the market signaled a possible reversal, indicating that sellers were losing grip. 4. Increased Buy Volumes (2025-01-20 09:00 UTC) Main Direction: Buy As predicted, the price shifted upward, closing at $9.864. This marked a successful trigger, supported by a movement above the $9.516 low. This confirmation established a bullish foothold, preparing for the "VSA Buy Pattern Extra 1st." 5. VSA Buy Pattern Extra 1st (2025-01-20 02:00 UTC) Main Direction: Buy The market responded to this signal, showcasing a confident rise to $8.717 (following a minor dip). The sequence indicated that buyers were slowly accumulating strength, aligning with the directional trigger from the previous setup. 6. Increased Sell Volumes (2025-01-19 15:00 UTC) Main Direction: Sell Closing at $9.846, this pattern accurately forecasted the subsequent dip below $9.62. Sellers successfully pushed the market lower, aligning with bearish projections. 7. Buy Volumes Max (2025-01-19 14:00 UTC) Main Direction: Buy A notable spike followed, closing at $10.084 and validating this pattern. This was the point where buyers reclaimed control, driving momentum upward. Key Observations for Traders and Investors : Patterns with accurate main directions provided clear entry and exit signals, reducing market noise. The mix of "VSA Buy" and "Sell Volumes" emphasized the dynamic shifts between accumulation and distribution. Investors should watch for sequences where confirmed directions align to spot high-probability trades. This roadmap serves as a historical guide to the effectiveness of pattern analysis for OMNIUSDT, emphasizing actionable insights and validation techniques. For traders, recognizing these sequences can unlock significant profit potential while avoiding misleading setups. Stay tuned for more updates! Technical & Price Action Analysis: Key Support and Resistance Levels When it comes to OMNIUSDT, the chart is speaking volumes. Here’s a breakdown of critical levels that traders need to keep on their radar. Remember, if these levels fail to hold, they’ll flip into resistance zones, creating headwinds for any bullish momentum. Support Levels: 9.305 – A crucial short-term support. If it folds, expect sellers to drive the price further south. 7.900 – A deeper retrace zone that could be the last line of defense for buyers. Resistance Levels: 11.135 – The first wall bulls need to crack to regain control. 11.646 – A tougher ceiling that could see significant sell pressure. 12.039 – Breaking this would put the market back into bull territory. Powerful Support Levels: 12.212 – This level has historically held strong, but if breached, it’s lights out for buyers in the short term. 17.693 – A key area from a macro perspective. Losing this would signal a broader bearish shift. 24.832 – The line in the sand for long-term bulls. Powerful Resistance Levels: 6.984 – A level that’s been tested and rejected before. If the price drops below, it’ll likely struggle to reclaim this zone. Pro Tip for Traders: Failing supports are not just signs of weakness—they’re prime spots for bears to set up camp. Watch for price action around these zones. If a level flips, it’s an early warning to adjust your strategy. Stay tuned for updates, and keep these levels on lock—trading is a game of precision, and these are the keys to the next big move. Trading Strategies Based on Rays: Optimistic and Pessimistic Scenarios The "Rays from the Beginning of Movement" concept introduces a structured approach to trading based on Fibonacci principles and dynamic market factors. Each ray represents a potential boundary where price action signals a reversal or continuation. Here’s how to use this proprietary method for trading OMNIUSDT. Concept of Rays Fibonacci Rays are drawn from the start of movement patterns, adjusting dynamically with new trends or corrections. These rays act as guideposts for price movement, creating ascending and descending channels that define potential trade zones. Their interaction with price, combined with key Moving Averages and VSA patterns, signals the beginning of actionable trades. Optimistic Scenario Price reacts positively to Fibonacci rays, respecting support levels and initiating bullish momentum. Initial Support Interaction: $9.305 – If price bounces from this level, the first target aligns with the next ray at $11.135. Continuation Above Resistance: $11.135 – Break and close above this level sets the next target at $12.039. Breakout into Powerful Resistance: $12.212 – Strong bullish momentum could aim for $17.693 as the long-term objective. Pessimistic Scenario Price fails to respect support levels and interacts negatively with descending rays, confirming bearish sentiment. Initial Resistance Interaction: $11.135 – If price rejects here, the first downside target aligns with $9.305. Break Below Key Support: $9.305 – Breach of this level points to $7.900 as the next target. Interaction with Powerful Support: $6.984 – A deeper correction may lead to testing this key level, signaling potential capitulation. Key Trades and Comments Bullish Trade: From $9.305 to $11.135 Entry: Post-bounce from $9.305 and confirmation of upward movement. Comment: Use this zone for scaling in as the first ray interaction aligns with bullish continuation. Bearish Trade: From $11.135 to $9.305 Entry: On clear rejection from $11.135, signaling a reversal. Comment: Ideal for short trades with tight risk management. Breakout Trade: From $11.135 to $12.039 Entry: After a confirmed close above $11.135. Comment: Look for a strong move to $12.039 with possible pullbacks for additional entry points. Deep Correction Trade: From $9.305 to $7.900 Entry: If price breaks below $9.305, targeting the next ray at $7.900. Comment: A defensive trade for bearish conditions, with strict stop-losses in place. Long-Term Bullish Trade: From $12.212 to $17.693 Entry: After a confirmed breakout above $12.212 and sustained momentum. Comment: This level marks a shift in market dynamics, targeting the upper ray with high confidence. How to Use This Framework Wait for price interaction with the rays and Moving Averages. Enter trades only after confirmation of movement from the ray to the next predefined target. Adjust positions dynamically as new patterns emerge, ensuring flexibility in changing market conditions. Let’s Connect and Trade Smarter Together! Hey traders! If you’ve made it this far, you’re already ahead of the game. Got questions or insights? Drop them right in the comments—I’d love to hear your thoughts and help fine-tune your trading strategy. If this idea resonated with you, don’t forget to hit Boost and save it for later. This way, you can revisit and see how price action plays out according to my analysis. Watching price respect key levels and rays in real time is one of the best ways to master your trading skills! By the way, the indicator-strategy I use, which auto-plots all these rays and levels, is a private tool. If you’d like access to it, send me a message—I’m happy to chat about how you can use it to elevate your trading game. Need analysis for a specific asset? No problem! Whether you’re looking for a general post or a private breakdown tailored to your needs, we can make it happen. Some things I’ll gladly share publicly, while other ideas can stay exclusive—just let me know what works for you. And here’s the best part: these rays work on all assets. If there’s a particular one you’re trading, comment below with the ticker and your thoughts. I’ll prioritize requests with Boosts, so don’t forget to show some love! Finally, make sure you follow me here on TradingView. This is where all my best ideas and strategies land first. Together, we can navigate the markets with clarity and confidence. Let’s trade smart—looking forward to connecting with you all! 🚀
Short
by brandlabelden
Bitcoin - Lofty Promises, Disturbing Results: My Crypto Journey.I make no claim to know where Bitcoin is headed. All I know is my opinion on it, and my feelings about cryptocurrencies in general, especially how they've evolved over the years. My sense continues to tell me that things are very wrong with crypto, and that eventually it's going to fade into the uncomfortable past, a kind of failed experiment. Back in 2022, I thought that if it gets bigger and bigger, it's a general symptom of wealth concentration, exploitation, and mass delusion. I don't think this technology is beneficial to society, as it extracts both attention and resources from its participants. Unless, of course, you can manage to be one of those who profits and then turns their profits into material wealth and/or positive change. Looking at my own personal timeline for my sentiment about crypto, let's see how I ended up here: November, 2017 : I am out of college for over a year now. I've been working a tough sales job for a year and I'm beginning to get burned out. I hear about Bitcoin from a friend. "if you buy in at $10K, sell at $20k and double your money." I then learn about Bitcoin and think, well, things are pretty bleak in the world right now. I don't know what I'm doing with my life. What if the banks collapse and I'm left with nothing? Bitcoin seems like a viable alternative. I buy out of fear, around $13.8k. Then, I see my value go up. Greed takes over. I go down a rabbit hole, learning about altcoins such as XRP, XLM, and LTC. Even XRB, which later becomes Nano. What if any of these becomes the next Bitcoin? January, 2018: I think that I should have just cashed out. I must have bought the top. But, what if it all comes back even stronger? I could be rich. I pull out part of my initial investment and watch the rest continue to spiral downwards. I quit my job out of burnout. May, 2018: Bitcoin continues to make lower highs. I start working that crazy sales job again part-time, as I need the money while the bear market persists. December, 2018: All hope seems lost. I quit my sales job, again out of burnout and deciding I don't want to do this the rest of my life. I'm 25 years old. Then, I decide to look for reasons price might go up again, which would also then save me from having to go back to work again. I could just be an artist full time. I get into TA, thinking that it's kind of like art. Instead of working on my actual art or writing as much as I want to, I create all sorts of trendlines and other visual and fundamental reasons crypto could come back even stronger than before. I prepare. I buy ETH around $100. I'm now posting regularly on TradingView. I start figuring out which coins I want to load up on for the next bull run. April, 2019: The market is back. I'm pretty sure the bottom is in. I'm gonna make it. I continue to post about various cryptocurrencies on tradingview, although I begin to feel worried about altcoins. Will they survive through the next cycle? October, 2019: The market is volatile. Bitcoin finally hits $10K again, though there's something strange going on. Is price being manipulated? February, 2020: Things are starting to feel precarious. ETH has done better now, boosting my portfolio back towards break even for the first time. The COVID crash is immanent. I've decided on a career to pursue. March, 2020: Panic. Markets are screwed. I'm going down with the ship. I'm too scared to buy more because everything feels apocalyptic. September, 2020: I begin grad school. While working mostly from home and attending classes remotely, I have a lot of time on my hands to post crypto analysis. I want to invest more, but I have very little income as a student. I feel that price is about to explode upwards. However, in grad school I'm also learning a lot about systems and becoming more and more skeptical about whether crypto would bring about any positive change to financial systems. February, 2021: ETH has broken all-time high. I'm in significant profit. I'm checking my portfolio all the time. Will the altcoins rally soon? Spring - Summer 2021: There's a huge amount of dumping. What's going on here? Why does Elon Musk have so much influence over this market? I thought it was supposed to be decentralized. Tweets are having a huge effect on the market. Should I sell? No, I think it's just a correction. I'm right, at least for now. December, 2021: I'm feeling pretty bullish. Bitcoin made a significant new all-time high. But, something is tingling underneath my skin. I can't quite shake it. What's going on with this LUNA coin? A number of things are starting to unravel in my mind. For example, El Salvador recently made Bitcoin legal tender, but the response was very tepid. It's not seeming very practical at all. If it's not a viable currency, then what is it? I think about Elon Musk. I think about Michael Saylor and his defrauding of investors during the dotcom boom. I allow the cognitive dissonance I've been experiencing completely take over. January - February, 2022: My feelings culminate. I decide to let go of all my crypto, realizing that it's not playing out ideally how I'd hoped. Plus, I'm in significant profit now. The forces that have taken advantage and control in traditional markets and the broader economy have latched themselves onto the cryptocurrency market, where investors are easily exploitable. The Super Bowl happens. Crypto starts to feel more and more like a joke. Who is really profiting from all this? NFT's are also irking me. May, 2022: I finish grad school. Terra LUNA collapses, shortly after I speculated it would. For the rest of the year, I feel validated in my feelings about crypto. FTX collapses later that year, and although in hindsight it marked the bottom of the bear market, I'm hopeful that people will stay far away from this market in years to come. I am optimistic about my own financial future, as I now have a stable career. Later in the year, I make some money day trading, but I eventually stop since it's distracting me from my work. July, 2023: I continue with my new career in the mental health field. I'm 30 years old. XRP was deemed not a security when sold to retail investors, but a security when sold to initial institutional investors. I am disappointed in this outcome, as I disagree and believe many altcoins like XRP are clear securities. I'm glad to be paying less attention to the crypto market. January, 2024: Against my speculation and to my disappointment, Bitcoin ETF's are approved. I stubbornly stay away from the market, believing the ETFs to be another cash grab and an opportunity for existing holders to cash out, particularly those whales who have been on the stablecoin side of things - the orchestrators behind USDD, USDT, etcetera. August, 2024: Ripple is only fined a tiny fraction of the initial request by the SEC for selling unlicensed securities. This opens the floodgates for money to pour back into altcoins, and for more ETFs to eventually be created. November, 2024: Bitcoin finally makes a significant new all-time high after Trump is re-elected. It had been consolidating for much of the year, seeming at times that it would break down and not push past its previous high. January, 2025: Trump is back in office. There's volatility across the market. Many are hopeful that his presidency will bear fruit for crypto holders. Meanwhile, he creates his own meme tokens and profits enormously from them, not unlike the numerous crypto grifters from years past, the grifters that took hold of the market and told me to stay away. I feel upset that price went against my speculation, though also vindicated. Crypto is exactly what I realized it was. My opinion has not changed. It's just another bulky asset, though one where the corruption is far more transparent than it is in the world of traditional finance. Even though it's there for all to see, not much is being done about it. Typical, really, of this current era of deregulation and apathy. Michael Saylor continues to hoard more and more. It's just the plaything of the wealthy now. It's what some people always wanted Bitcoin to become, but the antithesis of what many thought it represented. I'm happy with my career, and I feel good knowing I invested in myself and did not continue to chase cryptocurrencies. After all, it's better to be able to generate capital myself than wait for someone else to do it for me. It's a more certain future for me, with much less speculation. I'm also able to pay off everything from grad school with my profits from the last bull market. Bitcoin active addresses have not grown since 2017. studio.glassnode.com It is hoarding, and hoarding through custodians. Plus, those who were already into it just kept buying. A few left entirely. And a few wealthy players began accumulating. Now for a little TA: This is the structure I'm looking at for Bitcoin. Failure to push back above that orange trendline has resulted in a rejection so far. This chart should give an idea as to the various extremes price can take over the coming days/weeks: This is the longer term BLX chart, showing diminishing returns curved trendlines. If Bitcoin continues to follow this shape, the peak could be limited to $160-170K if reached this year. That is, if it has not already hit the top. The bottom of this structure is comfortably at a major level - near $30k. This bullish structure would need to break down to confirm a bearish period: Right now, the chart LOOKS bullish, but it's important to pay attention to the other signals, the other things going on behind the scenes. Public perception is important as well. The monthly chart appears bullish until the 9 EMA (near $80k now) is lost. The ultimate oscillator continues to show a longer term bearish divergence: The weekly chart can look like a tweezer top with a failed high if price cannot push back above $108k later this week. If that push up is successful, I think price can rally up towards $160k before profit taking begins in real earnest again. Let's see what happens! Thank you for going on this journey with me, especially if you've followed me since the earlier days. As always, this post represents my personal opinion and is in no way intended as financial advice. -Victor Cobra
BNC:BLXShort
by VictorCobra