Btc!
Bitcoin FULL Analysis PART 2In a previous analysis, I discussed the relationship between Bitcoin, the Altcoin market and Bitcoin Dominance.
An important rotation exists between these three; and by using TOTAL3 together with BTC.D, you can get a clearer picture of where BTC is trading in the current cycle.
In this video, I make an important suggestion based off Elliot Wave Theory. This theory is backed up by the points mentioned but also by the Logarithmic view:
From the log scale, we can see BTC is still trading relatively low compared to previous cycle top-outs. So the question remains - the end... or just the beginning?
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COINBASE:BTCUSD BINANCE:BTCUSDT CRYPTOCAP:TOTAL3 CRYPTOCAP:BTC.D
Bitcoin is about to go boom! Bitcoin has been putting is some near term lower highs and lower lows.
The daily chart trend is starting to breakdown and show signs of distribution.
The weekly chart trend is still ok but even if we had a flush to 40k the Weekly chart would still display higher lows.
The point of this higher low excercise is to define trend and know that trends can often have a large range.
That being said I think a short setup in BTC is brewing. a retest of the 50 & 100 MA will likely prove to be very strong resistance as we keep losing the key larger term MA's.
As banks and potentially the stock market lose some momentum its going to be interesting to see how crypto is going to hold up.
BTC Crash coming to 49k -> Buy the Dip for All time HighsBTC Trade Idea
I expect BTC to hit the GETTEX:49K level, potentially dipping slightly lower as it fills a weekly Fair Value Gap (FVG). This zone will act as a key reversal point, where I anticipate a strong bounce and eventual rally back toward the all-time high (ATH).
I’ll also show confluence with the XRP chart, which is presenting a similar bullish structure, reinforcing the idea of a market-wide reversal at these levels. Stay tuned for the full technical breakdown!
Aave into ApexAave has moved into newly appeared weekly 200ma
This beautiful structure we refer to as an apex setup. While first test may need a bit of support.. the technical setup looks great for aave to eventually breakout above this apex and run very nicely.
Aave fundamentally is obviously performing incredibly well relative to the space. As eth experience influx of money from larger entities like blackrock.. theres a good chance Aaves presence and protocol will become much more well known and respected.
Perhaps mitigate with other chain competitors
If other chains like solana surge again which seems quite likely.. then lending platforms there can offer quite a bit of competition esp for retail users. May be best to look for good entries into competitors there like Kamino.
Bitcoin is in a dawnward channel - trade after big SL huntBitcoin is in a downward channel - trade after big SL hunt
during this inviermanet better to trade after clear liquidation events
at this meant i have 2 key zones for trade
1st - at $55 300
2nd - at $54 260
Short possible if price consolidate our from value for 2 -3 days
BTC Monday Range Play and KeylevelsIn this video, I analyze Bitcoin's (BTC) price action with a focus on a short-term Monday range play. I dive into the specific key levels where we could potentially see a reversal. We’ll break down how these levels have been acting as support and resistance throughout the trading week, and discuss the importance of monitoring price behavior at these zones.
BTC BITCOIN Technical Analysis and Trade Idea👀 👉 In this video, we explore BTC, which has recently exhibited bearish momentum with a break of structure on the 4-hour time frame. The pair has pulled back and is now retracing into a critical resistance level. I see potential for further downside and am closely monitoring whether the price holds below the current range low. If a breakout occurs, I plan to enter a sell position, as explained in the video. However, if the price action doesn't align with the discussed setup, there will be no trade.
It's essential to understand that these insights are speculative and not guaranteed predictions. Confirming specific price actions before entering any trades is crucial, as emphasised in the video. The analysis offers an in-depth look at the current trend, market structure, and price behaviour. Remember, this content is for educational purposes and does not guarantee success. Trading involves significant risks, so always implement strong risk management strategies. 📈✅
BRIEFING Week #35 : The Battle Extends FurtherHere's your weekly update ! Brought to you each weekend with years of track-record history..
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Phil
Ducks in A Barrel Long Setups - BTC, SOL, TON & PADISCLAIMER: This is not trade advice. This for educational purposes only to show how I am looking to participate in these markets. Trading involves significant risk, do your own homework and due diligence.
Ducks in a Barrel Weekly-Daily Strategy
LONGS: BTC, SOL, TON
SHORT: PA
LONGS:
The crypto market is overall in a strong up trend based on weekly MA's sloping up. We see that BTC, SOL & TON are undervalued vs the price of Gold and Treasuries, and are oversold on stochastic. If we see a trend change to the upside on the Daily chart, I'll look to long these markets. I admit, I'd like to see sentiment more bearish, as currently sentiment is in the middle of the road. Perhaps one more flush to the downside would create some panic and bearish sentiment, which would make this trade idea even more valid.
SHORTS:
Palladium is in a strong weekly downtrend. Right now we are overvalued vs treasuries, but not yet overvalued vs gold or overbought. I'd like to see this market get overbought & overvalued vs gold to qualify looking for shorts on the daily time frame.
Good luck & Good trading.
BTC : HARD DROP Likely BEFORE New ATHHold on to your horses - in today's analysis we're going to do a really deep dive on Bitcoin, the altcoin market (TOTAL 3) and Bitcoin Dominance (BTC.D) Make sure you watch all the way until the end to reach the final conclusion!
In this video, I systematically point out two main reasons why the corrective phase isn't over, as well as what could possible happen NEXT based on the rotations between alts and BTC.
COINBASE:BTCUSD COINBASE:BTCUSDT CRYPTOCAP:BTC CRYPTOCAP:TOTAL3 CRYPTOCAP:BTC.D
For months I've been anticipating a multi-month corrective pattern, before another impulse wave up which I believe leads us to our final all time high (ATH) for this bullish cycle. Although I've said "multi-month" quite a few times... who knew it would be such a drag! I nearly thought BTC was ready to turn towards the upside, but after THIS* happened (together with the analysis in the video) it's likely we're still heading lower:
*https://www.tradingview.com/chart/BTCUSD/h2bMes4J-BTC-FINALLY-Bullish-BREAKOUT/
THIS* is referring to my update on BTC two days ago, where it seemed like a bullish breakout. At this point however, the price is not able to hold the support zone (which was the condition I listed) and therefore it's likely a fakeout.
If you're looking for the idea I referred to in the analysis on the Altcoin dump find it here:👇
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BRIEFING Week #34: Crazy Monthly CandleHere's your weekly update ! Brought to you each weekend with years of track-record history..
Don't forget to hit the like/follow button if you feel like this post deserves it ;)
That's the best way to support me and help pushing this content to other users.
Kindly,
Phil
BTC remains bearish next targets 57.7k and 56kIn this video, I provide an update on my previous trading analysis.
I'll discuss the current targets for the bearish scenario and highlight the key levels to watch. Additionally, I present a bullish counter-idea and explain where the invalidation of the bearish thesis might occur. This way, you'll be well-prepared no matter which direction the market takes. Stay tuned to catch all the important details!
CODX, LINK, EHTH, UA, MIGI and EVRI. Huge upward potentialFED is expected to start to cut rates in September and smart money will start to find alternative investment vehicles to put their money in. These stocks are showing good potential. I already have positions in all of them but still may add more to my positions.
Disclaimer: Not financial advice. Do your own analysis and research.
Solana : WHICH WAY Could it go??Solana was one of my TOP PICKS for alts in 2024.
Second to Ethereum, the SOL space keeps growing as more and more dApss are being built on SOL. The market cap for Solana is looking healthy, after recently peaking at $93B:
This is an incredible achievement, and I expect the market cap to continue to grow in the longer time. Naturally, we can expect SOL to continue growing when the price of BTC starts another impulse wave up. My thoughts on that HERE👇:
Until then, don't lose hope just yet! December is usually a great time for the crypto markets.
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CRYPTOCAP:SOL COINBASE:SOLUSD