Btc!
Bitcoin - 4H let's understand the where we are!Following the USA election, the crypto market experienced a significant rally, seemingly pricing in expectations around the Inauguration of Donald Trump. As the market has likely anticipated much of the impact from potential upcoming policies, we could see oscillations between sharp rises and falls in the coming days. A downward correction appears more probable as the immediate effects seem baked into current prices.
Technical Analysis: BINANCE:BTCUSDT broke out of a trading range, achieving its target with a ~9% rise, equivalent to the range's height.
The price hunted liquidity above the previous highs, which reinforces the possibility of a fall.
A decline from the current zone is likely, with key support zones highlighted on the chart.
📈 Watch for reaction near $102,600 and $100,100 zones.
💬 Like, follow, and comment for more timely market insights! 🚀
BTC - 1H Buy OpportunityBINANCE:BTCUSDT has been consolidating in a trading range for the past two days. As seen on the heat map, the price hunted liquidity below the range, making a strong case for a reversal. Now, BTC could target the liquidity above the trading range, which is spread across two key zones.
This setup indicates a bullish opportunity as the market moves toward these liquidity areas. Watch for price action confirmation and manage risk carefully when taking long positions.
Stay tuned for updates and trade wisely! 🚀
BTC: broadening wedge or channel retest? Bullish or bearish?There are three possible patterns in formation right now, two of the which would be bullish and one bearish. I'm not 100% on which one I'd pick so I'll present here the three cases.
right-angled broadening wedge (the bullish case):
- check the following links www.forex-central.net and www.centralcharts.com
In this case we should expect a dump to the 86K levels and then a bounce back to breakout and push price to 125K:
right-angled broadening wedge (the bearish case): see the previous links for the examples. In this case the wedge support wouldn't hold breaking down and bringing price to the 75K area. Notice that the upper resistance of the wedge shows alsoa double top which is a very bearish pattern:
descending channel retest: for this case I've used the coinbase's chart, it's just because the chart is less messy. As you can see the break out happened already days ago and this could be the retest of the previous R. This is a bullish case that would make price bounce to 109K
At the moment I don't know where to lean because my gut says market are overreacting to this AI fuss so I stay open to any possibility and I'm not doing any margin trade, just buying what I think has potential.
Good luck
Key to upcoming price action pathHere are 2024 September - November USDt rally metrics:
66 days, 4.6 Trillions volume.
The first sub wave of micro degree is 1.39 points or 20.85% length.
The third sub wave of micro degree is 2.32 points or 35.7%. Which led to +89% at BTC, from 52k to 99k.
The triangle in fourth position has 0.75 points - 16.77% min basement or 0.97 - 20.69% max height. Triangles usually precede the last wave in the direction of the main trend. The terminal point for this triangle may reach 3.15% dominance and last in approximately the next 80 days.
The dominance of USDt on RSI 2D TF signals a downward divergence.
I think the signal line could reach ~22% before meeting the support trend line and reversing. It is -18% from the current point.
These values coincide with trend lines on Bitcoin, about 155k, or +55% from the current point.
Dodgecoin in percentage terms does move about 2x further.
This is a third confirmation proving upcoming rise in all crypto assets.
keep in mind that there is always place for an alternative waves count, but i bet that the analysis results worth millions!
So, wish you safe trading, fat profits and see you again :)
Bitcoin TA Alert: Perfect $97K Long Setup Incoming?Bitcoin remains range-bound between $107K and $100K as we approach the weekend. Let’s break down the current key levels and trade setups based on the data available.
Support and Long Setup
The GETTEX:97K level emerges as a strong support zone for a long trade setup:
0.618 Fibonacci retracement from the recent swing low to high aligns perfectly at GETTEX:97K
The POC (Point of Control) from the 70-day trading range also sits at this level, adding confluence
If the price reaches GETTEX:97K by Sunday or Monday, the trendline support will further strengthen this zone
A laddered long position can be placed around GETTEX:97K , with:
Stop-loss: Below $93K
Take Profit: around $113K
Risk-to-Reward (R:R): 4:1 - an attractive trade setup
Resistance and Short Setup
For the short trade setup, the current price around $106K offers an opportunity:
Enter a short trade targeting the GETTEX:97K level
Stop-loss: Above the all-time high (ATH) at $107K
Take Profit (TP): GETTEX:97K
R:R: 2:1 - reasonable given the tight risk management
DEEP Key Levels - Weekend Trade SetupsDEEP has been consolidating in a 6-day trading range and as we move into the weekend, lets look at the setups.
Short Trade Setup
Resistance Zone: The 0.786 Fibonacci retracement aligns with the POC of the 6-day range at $0.304, making it an ideal short entry
Target: The 0.618 Fibonacci retracement at $0.208, where liquidity has built up below
Risk-to-Reward (R:R): This short offers an impressive 10:1 R:R if the setup plays out
Long Trade Setup
Support Zone: The 0.618 Fibonacci retracement at $0.208 also serves as a key support level
Anchored VWAP from the recent highs provides additional support near this level
Stop Loss: Stop just below $0.195
Take Profit: TP at round 0.24
27/01/25 Weekly outlookLast weeks high: $109,555.48
Last weeks low: $99,643.66
Midpoint: $104,599.57
A new Bitcoin ATH as President Trumps second term officially begins! Just shy of $110K with a much tighter range of $10k from range low to high leaves Bitcoin in a very interesting place going into what has been called the first "pro-crypto" administration.
Now the weekly close is an interesting one as there is a clear sell-off that has continued at time of writing bringing the price down below the weekly low. This has been a common theme in recent weeks as either a bearish SFP of the weekly high early in the week resulting in a sell-off for the remaining days. Or the opposite were a sweep of the weekly low early on results in a recover rally for the rest of the week. As of right now the later is in play but what is causing this sell-off this time?
The AI issue:
The recent headlines have been that the US wants to win the AI war and be the dominant force in what is possibly the most important product of the future. OpenAI, Grok, Meta etc all have AI products and services and the US government hope that by backing these companies the US can be the victors of this race. However, the game has changed with the release of "DeepSeek R1" a chinese AI competitor with some remarkable attributes that has the US stock market very worried as reflected in the pre-market.
DeepSeek R1 was reportedly built for $6m, now this is a Chinese company and therefor any numbers should be taken with a pinch of salt but OpenAI has raised $17.9B for ChatGPT and many now see DeepSeek as a superior product in many ways:
- Less GPU intensive due to a more efficient and streamlined model, this is mainly why NVIDIA pre-market is down 11% at time of writing, investors are seeing that perhaps US companies have overblown the demand for GPU's as the product they are making is not optimised in comparison.
- Considerably cheaper due to this streamlined approach, personally this is a symptom of how America has been operating as a nation since the pandemic, a severe lack of efficiency made up for by throwing insane amounts of capital at the problem with no thought as to where the money comes from (printed via QE & tax payer funding). DeepSeek just proved why Trumps planned approach of getting value for money and increasing efficiency is a winning formula, anything else is unsustainable.
- Open source code, we would expect the company called OpenAI that was founded on the basis of transparency and the mission to do good as a non-profit would be the product that has publicly available code, but no that would be DeepSeek... This further compounds just how out of touch the US based AI companies have got, the quest for revenue has taken over as the mission goal, which in the case of AI is very dangerous.
To conclude the AI problem, the Chinese AI product is cheaper, more efficient and more transparent that current US based products and that is why indirectly BTC took a tumble.
On the data news this week FOMC is on Wednesday, the forecast is for interest rates to remain unchanged however the volatility of FOMC often leads to interesting price action, this could be another reason for the sell-off as de-risking takes place.
For this week I am looking at using the chaos to find goo d long entries, I still think that Feb-March looks good until I have reason to think otherwise. Weekly low is a key S/R level that will determine by bias in the short term until then.
TL;DR
- DeepSeek R1 worrying investors of US AI companies as the Chinese AI product is far cheaper, more efficient and more transparent. US stocks down on pre-market.
- FOMC midweek, first of Trump admin, volatility expected.
- Weekly low key S/R level for BTC
VIRTUAL - A Long Opportunity or More Pain Ahead?VIRTUAL has dropped over 50% from its all-time high of $5.14, now trading around $2.50. A head and shoulders pattern has formed, with price currently testing the neckline, a bearish sign that could signal further downside. Let’s break down potential targets and trade setups.
Key Levels and Support Zone:
1.) POC from December 2024 Range:
Located at $1.67, a significant level from previous trading activity
2.) Anchored VWAP:
Taken from the lows, currently around $1.62, reinforcing the $1.66 zone as strong support
3.) Fibonacci Retracement (Log Scale):
The 0.382 Fib from the recent wave sits at $1.77, providing additional confluence for the support area
4.) Trend-Based Fibonacci Extension:
The 0.786 Fib aligns at $1.71, further strengthening the $1.70–$1.80 range as a reliable support zone
Trade Setups:
Short Setup:
Entry: $2.836 (Fib retracement 0.618 from the current downtrend)
Target: around $1.80
Stop Loss: Above $3
Risk-to-Reward: 5:1
Potential Drop: 30–40% from the entry level
Long Setup:
Entry: $1.70–$1.80 range
Target: Depends on confirmation and take profit areas. A realistic initial target could be around $2-$2.30
Stop Loss: Below $1.52
Risk-to-Reward: 2:1 or better depending on take profit strategy
XRP - Key Levels to WatchXRP recently broke its all-time high (ATH) from 2018, touching $3.317. This key resistance was fiercely defended by bears, offering a strong short opportunity on the first break. Now, after consolidating for over 10 days, let’s dive deeper into the key levels and confluences to plan trades.
Resistance Levels
All-Time High (ATH) - $3.317
Key resistance from the recent ATH breakout, strongly defended by bears
Support Levels and Confluence
Fibonacci Retracement: 0.618 retracement of the recent impulse wave aligns at $2.74078
Weekly Level: A strong weekly level at $2.75 provides further support
Daily Level: The daily level at $2.72763 lies within the support zone
Swing High from the Previous Trading Range: The December 2024 swing high at $2.725 adds more confluence
Volume Profile (VAH): Value Area High (VAH) of the previous trading range aligns with the support zone
Fibonacci Speed Fan: The 0.618 speed fan intersects at $2.7, depending on the timing (late January to early February)
Pitchfork: While not plotted, it aligns closely with this zone, further supporting the level
Support Zone: $2.75-$2.71
Short Trade Setup
The first short opportunity arose at the ATH of $3.317, providing an excellent risk-to-reward ratio. If missed, another short trade setup can still be executed at the current price:
Entry: Enter at the current price
Stop Loss: Above $3.29
Take Profit: $2.80
Risk-to-Reward (R:R): 2:1
Long Trade Setup
Entry: Ladder longs between $2.75 and $2.71
Stop Loss: Below $2.63
Take Profit: $2.95
Risk-to-Reward (R:R): 3:1 or better
XLM - Will XLM Find Strength or Stumble?XLM has been in a downtrend for the past 10 days after rejecting from the 0.618 Fibonacci retracement resistance. The price action shows lower highs and lower lows with no significant volume, signaling a potential continuation of the trend. Let’s identify the key support and resistance zones and possible trade setups.
Support Zone
A strong support zone lies between $0.3725 and $0.3695 based on multiple confluences:
Monthly Level: At $0.3725
Anchored VWAP: From the very low, the VWAP aligns with the monthly level
Fibonacci Retracement: Drawing the fib retracement from the year’s low to the recent high, the 0.75 Fibonacci level lies at $0.3695
Resistance Zone
Key Level: Price data highlights $0.435 as a significant S/R zone
Fibonacci Retracement: The 0.618 Fibonacci retracement from the current wave aligns with the key level
Short Trade Setup
Entry: 0.618 Fibonacci retracement/key level at around $0.435
Stop Loss: Above the previous high
Take Profit: Target the support zone at round $0.3725
Risk-to-Reward (R:R): 4.5
Long Trade Setup (on confirmation)
Entry: Long position between the support zone of $0.3725 and $0.3695
Stop Loss: 3% SL
Take Profit: around 0.39/0.4
Risk-to-Reward (R:R): 2 or better
ETH Rejected at POC – Bears Eye $3000 againOver the past two days, Ethereum struggled to maintain momentum above the Point of Control (POC) of the current range. Price action formed wicks above the POC but closed below, signaling clear rejection at this level.
Key Support Zone
The $3000 area holds significant support, bolstered by several confluences:
Fibonacci Levels: The 0.786 fib retracement ($3045) aligns with the old 0.618 fib retracement ($3025)
4H Bullish Block: A strong demand zone on the 4-hour timeframe supports this level
Trend-Based Fibonacci Extension: 1:1 extension lines up perfectly with the 0.618 fib retracement
Psychological Level: The round number at $3000 adds psychological strength to this support
Short Setup:
Entry: POC of the range
Stop Loss: Above the recent high
Take Profit: $3000 zone
Risk-Reward: 3:1, offering a solid trade opportunity
Long Setup (Confirmation Needed):
Entry: Between $3025–$3000, upon bullish confirmation
Stop Loss: Below $2900
Take Profit: open
Skyrexio | Scared Already? The Worst Is Coming!Hello, Skyrexians!
First of all we want you to make calm: BINANCE:BTCUSDT is still in huge bull run and $140k target is still actual. The main question, how it plans to reach this level. Now we have two scenarios and one of them you will now like.
Let's take a look at the daily time frame. The bad signal are two red dots at the top on Bullish/Bearish Reversal Bar Indicator . It could be waves 3 and 5. In this case impulse of higher degree is finished and market is entering the major correction. If our assumption about bull run continuation is right, BTC usually tends to reach 0.38 Fibonacci level. Now this level is at $80k. This is the worst scenario. After that $140k is reachable target.
We also have not so painful scenario. Price now is at the local Fibonacci level. If $96k is going to be hold we can see the extended wave 5, which will reach $140 in the nearest future.
Best regards,
Skyrexio Team
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Bitcoin, BTC, BearishDespite the abundance of positive news and expectations, I would say it's more probable for Bitcoin to dive down to fil the LVN area between 77K and 86K to rebalance the price offerings there and quickly return to POC level at around 97K.
The asset will always move quickly through an LVN area and only stabilize or "park" at a HVN or POC levels, but the problem with the next HVN for BTC is that it's too low, around 65K, which although not impossible yet not probable.
NO. 1 IS BITCOIN (STILL) BITCOIN-ALTCOINS-MEMECOINS THIS IS PLANDescending Trading Channel IS IN PROGRESS.
Bitcoin is currently trading within a descending channel, characterized by lower highs and lower lows.
The resistance line at the top of the channel is acting as a barrier to upward momentum.
The support line at the bottom of the channel provides a temporary floor for price movement.
Current Price Action:
The price is near the channel's lower support, indicating a critical decision zone for traders.
The presence of high volume at support suggests potential buying interest.
Indicators:
VMC Cipher B Divergences: Shows momentum divergence, signaling a potential reversal near the current level.
RSI (14): Reading of 27.94 indicates oversold conditions, suggesting a possible bounce.
Stochastic Oscillator (14,3,1): Extremely low (17.32), aligning with the RSI to indicate oversold conditions.
ArTY Money Flow Index (MFI): Neutral, showing neither significant inflow nor outflow of capital.
Key Levels:
Support: $98,282 (current zone within the channel support).
Resistance: $107,153 (aligned with the channel's resistance and previous consolidation).
Breakout Zone: A break above $107,153 could signal bullish momentum toward higher resistance zones ($112,000–$120,000).
Breakdown Risk: A breakdown below $98,000 may trigger bearish continuation to the $90,000 support zone.
Trading Plan
Entry Strategy
Long Position:
Enter near the support zone ($98,000–$99,000) with tight stop-loss at $97,000.
Confirm reversal with bullish candlestick patterns or volume breakout above $100,000.
Short Position:
If the price breaks below $98,000 with strong volume, consider shorting with a target of $92,000.
Take-Profit Levels:
For long trades, scale out profits at:
$105,000 (minor resistance).
$107,150 (channel resistance and key breakout level).
$112,000 (next major resistance).
Stop-Loss Placement:
Place stops 1–2% below the support level ($97,000 for long trades, $99,000 for short trades).
Risk-Reward Ratio:
Aim for a minimum risk-reward ratio of 1:3 (risk $1,000 to make $3,000).
Trade Management:
Monitor volume closely; rising volume during upward movement strengthens bullish conviction.
Use trailing stops to secure profits if the price moves favorably.
Breakout Trading:
If Bitcoin closes above $107,153 with strong momentum, consider entering a breakout trade targeting $112,000 and $120,000.
Contingency Plan:
Stay out if the price consolidates without clear direction near the current levels.
Avoid over-leveraging and stick to predefined risk parameters.
Bitcoin is at a pivotal moment within a descending channel. The oversold indicators and support proximity suggest a high-probability bounce, but traders must remain cautious of breakdown risks. The trading plan emphasizes disciplined risk management and capitalizes on both breakout and breakdown scenarios.
BITCOIN The beauty of the 1D MA100 coming to the rescue.Bitcoin (BTCUSD) is pulling back quite aggressively today along with most of the market, as once again political in combination with China's manufacturing sector shrinking, are pitting a dent to buying sentiment.
Having touched its 1D MA50 (blue trend-line) again, we once again view these fundamentals/ news as means to justify the technicals. And BTC's chart on the 1D time-frame clear shows that there is a technical 'necessity'/ tendency to test the 1D MA100 (green trend-line) before more upside can be realized.
As you can see within its +2 year Channel Up, BTC goes through a mini (Megaphone) consolidation phase half-way through its Bullish Leg (we are currently on its 3rd such Leg) that hits its 1D MA100 before it can justify a rebound to the Channel's new Higher High.
During that test, the 1D RSI forms the exact same Channel Down that hits its 1st Support level at 36.00. The Sine Waves clear show that cyclically it is time for this test so we expect this pull-back to be extended to around 94000 - 93000. The bounce that will follow should test at least the top of the Channel Up at $150000.
But what do you think. Do you view the 1D MA100 as a 'fair' buy entry again? Feel free to let us know in the comments section below!
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WAGYUSWAP AT ALL TIME LOW - AMAZING OPPORTUNITY?Chart Pattern is Falling Wedge
Overview: The chart shows a clear falling wedge pattern, which is a bullish reversal signal, indicating a potential breakout to the upside. This pattern is characterized by converging trendlines where the lower highs and lower lows gradually contract.
Breakout Potential: The pattern suggests an accumulation phase, with a possible breakout toward higher resistance levels.
Support and Resistance Levels
Current Price: ~$0.00058
Key Support Levels:
$0.00055 (local support, within wedge pattern)
$0.00050 (psychological and strong structural support)
Key Resistance Levels:
$0.00091 (local resistance post-breakout)
$0.00131 (mid-term resistance)
$0.00191 (long-term breakout target)
Indicators Analysis:
VMC Cipher (Momentum Oscillator):
Divergences indicate a potential momentum reversal.
Current green dots align with the wedge breakout narrative.
RSI (14):
Value: ~44.57 (neutral-to-oversold region).
RSI is rising slightly, indicating potential strength entering the market.
Money Flow Index (MFI):
Value: ~27.14 (oversold region).
Indicates potential for inflow of capital, supporting the bullish breakout hypothesis.
Stochastic Oscillator:
Value: 14.58 (oversold region).
A bullish crossover in this zone signals a potential upward move.
Spot Trading Plan for WAGYUSWAP
Objective:
Capitalize on the bullish breakout from the falling wedge pattern for mid-term gains.
1. Entry Strategy
Primary Entry: Enter within the current price zone ($0.00057–$0.00059).
Reason: Close to lower support of the wedge, minimizing downside risk.
Secondary Entry: Add more positions upon breakout confirmation above $0.00065 (confirmed by volume surge).
2. Take Profit Targets
Target 1: $0.00091 (short-term resistance after breakout, ~55% potential gain).
Target 2: $0.00131 (mid-term resistance, ~125% potential gain).
Target 3: $0.00191 (long-term breakout target, ~230% potential gain).
3. Stop-Loss Strategy
Stop-Loss 1: $0.00050 (below the lower support of the wedge).
Reason: Breakdown below $0.00050 invalidates the bullish thesis.
Risk-Reward Ratio: 1:3 (low risk with high reward potential).
4. Position Sizing
Risk a maximum of 2–5% of your trading capital per trade.
Use dollar-cost averaging (DCA) to manage entry points and reduce market exposure.
5. Monitoring
Watch for volume spikes to confirm breakout validity.
Continuously monitor RSI and MFI for signs of overbought conditions at resistance zones.
Exit partially at Target 1 and reallocate profits into mid- and long-term targets.
6. Risk Management
Adjust stop-loss to breakeven once price moves past $0.00091 to secure profits.
Avoid overleveraging; spot trading only to reduce risk exposure.
Possible Double Top? What to expect?So BINANCE:BTCUSDT hit and checked 105k-108k area twice in last month. That means it is Double Top pattern in either 4H and 1D timeframe. And there is another thing concerning me and it might lead to 75k. As you can see it is also possible that BINANCE:BTCUSDT made triple top too and MACD is making huge divergence, so we might see new low in next few weeks or months.
Bearish adventure startsMorning folks,
So, here we go... downside action starts as we've discussed last time. On weekly chart we still wait for confirmation in a way of price close below 3x3 DMA.
While on a daily one price hits oversold level. Those who know about this - we have DiNapoli bullish "Stretch" pattern for now, suggesting the pullback. That's why we do not consider immediate short entry.
Our 4H Diamond has worked just perfect. So everything goes absolutely fine.
For now we consider no longs on daily/weekly basis and waiting for the bounce, supposedly to ~102.20K area. Scalp traders on 1H TF and below could consider scalp long position with the same target.
I mark this setup as bullish because of this pullback. But, in general we keep bearish view...
Solana rollercoaster ride and wild swings🔸Hello traders, today let's review 8hour price chart for SOLUSD . pullback/correction in progress with limited upside currently, let's review the market in more detail.
🔸Trading right now at 225 usd, broke the structure after tripping over SL cluster near 280.
The wild swings in SOLANA are caused by the launch of the Trump's meme coin, the angle
of attack on the 8 hour chart is not sustainable, gone up too much too fast, currently
expecting more wild swings in SOL.
🔸As everyone rushed to BUY TRUMP meme coins, this spiked demand for SOL
and generated a massive spike of onchain activity. Once the hype started to subside
and the TRUMP coin started to fade, same thing happened to SOL.
🔸We tripped over SL cluster at 280 USD this caused massive volatility spike and
reversal off the highs. Currently bullish SL cluster located at 160 USD. I'm expecting
re-test of the SL cluster at 160 USD before a decent reversal in SOL prices. Currently
limited upside and expecting most rallies/rips to get faded.
🔸The massive artificial spike produced an unsustainable rally in SOL, more swing
required now in order for the prices to even out / become stable again. This implies
that we will witness more volatility in this market with bearish bias mid-term.
🔸Recommended strategy: Short sell rips/rallies targeting SL cluster at 160 USD.
price is currently not stable and I see limited upside in this market. If you want
to BUY/HOLD, sit out the current volatility and BUY LOW later near SL cluster.
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Always limit your leverage and use tight stop loss.