Trend Up BTCUSD BTC is following this green line up which I have used to draw into a channel
I'm still very bullish on BTC and expect one massive more move up before the bears come in
What do you guys think about 250K ?
Daily timeframe
BTC-D
BTCUSD - Down Channel BreakoutPrice has broken out of the channel down in yellow which the top of has been seen as resistance twice prior of now, it is now a support.
Also a bull structure forming above the channel in the white dotted lines
Breakout time / continuation time
Hitting The BTC All Time High Trend Line Now.................... Bitcoin is trying to break through its all-time high trend line. Will it do so, or will it be rejected and throw us into the Alt season? So far many grafts are pointing to this as at least the first peak pushing BTC back down. Others are saying the Trump Family Coins $Trump is sucking up all the money. Well, see what happens, but it seems like the time to start moving investments over to the Alts so you're not left behind buying the top. I assumed BTC would top out at $160K this season but signs are pointing to possibly lower. AS BTC gets stronger and bigger we will get less of an explosion in price increase. Trading off for more stability in price over time to form a stable value.
ALT/USD – Key Technical UpdateRecent Price Action:
ALT has seen a significant decline, with bulls looking for support amid intensified bearish pressure. The recent drop highlights vulnerability, but key support levels below could provide a foundation for recovery.
Key Levels to Watch:
Support Levels:
$0.08500: Immediate support zone where bulls are attempting to stabilize.
$0.07810: A prior swing low with historical buying interest.
$0.07150, $0.07000, $0.06650: Critical levels marking past swing lows. A deeper move into these zones could attract aggressive buying, especially near $0.06650, aligning with August 5th’s swing low.
Resistance Levels:
$0.08790: Near-term resistance likely to cap immediate recovery efforts, with confluence from recent bearish gaps.
$0.11131: A stronger resistance zone near January 17th’s swing high, which aligns with prior bearish momentum.
Market Dynamics:
Token Unlock Impact:
The upcoming Saturday token unlock is expected to increase supply, potentially exacerbating downside pressure in the short term. However, following the release, the market could stabilize, setting the stage for a relief rally as bearish momentum wanes.
Bearish Gaps:
Resistance from daily bearish gaps adds confluence near $0.08790 and $0.11131, making these levels critical to monitor during any rally.
Outlook:
Bullish Scenario:
A successful defense of $0.08500 or a deeper dip into the $0.07150–$0.06650 range, followed by strong buying momentum, could lead to a relief rally. Clearing $0.08790 would open the door to a move toward $0.11131 or higher.
Bearish Scenario:
A sustained break below $0.06650 would invalidate key supports, exposing ALT to further downside risks, with no clear structural floor below.
Conclusion:
The focus remains on $0.08500 as the immediate support zone, while Saturday's token unlock is likely to influence price action significantly. A relief rally may emerge post-unlock, targeting $0.08790 and possibly $0.11131 if the bearish gaps are filled. For now, caution is advised as the market navigates increased supply pressure.
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
Will KEYUSDT Bounce or Break? The Market's Crucial Moment!The crypto market often mirrors a roller coaster, and BYBIT-KEYUSDT.P is no exception. Currently priced at 0.0007485, the asset has plummeted 94.43% from its all-time high of 0.0134455 in March 2024, but it’s up 24.34% from its absolute low set just a month ago. Indicators like the RSI (40.58) and MFI (36.56) suggest the market is nearing oversold territory, while a narrowing gap between the MA50 (0.00092) and the current price highlights potential for a technical breakout.
Recent patterns reveal an intense struggle between buyers and sellers. The dominance of increased sell volumes over the past sessions has led many traders to question: Is this the calm before a bullish reversal, or the start of another leg down? With resistance looming at 0.001082, all eyes are on whether the asset can gather momentum to reclaim lost ground or if sellers will tighten their grip.
For traders seeking action, the stage is set. Will you capitalize on this key juncture, or watch as the market decides its next move? Either way, the opportunity is ripe.
Roadmap: The Story of BYBIT-KEYUSDT.P Through Patterns
1. January 7, 2025 – “Sell Volumes Max” (Direction: Sell)
The market opened at 0.001194 and closed at 0.0011535, showcasing intense selling pressure with a low of 0.00114. This pattern indicated a shift towards bearish sentiment. Interestingly, the price in the subsequent pattern aligned with this direction, confirming that sellers were in control. The next few bars validated the forecast, as the price continued its downward journey, further solidifying this bearish signal.
2. January 8, 2025 – “VSA Buy Pattern Extra 1st” (Direction: Buy)
As expected from this pattern, the market attempted a bullish comeback. Opening at 0.000993, the price initially struggled but closed higher at 0.000972 after testing a low of 0.000959. This was a clear move towards recovery, but it fell short of breaking significant resistance levels. Confirmation arrived as the subsequent pattern reflected further buying pressure, proving that bulls were regaining some footing.
3. January 10, 2025 – “Increased Buy Volumes” (Direction: Buy)
Here’s where things got exciting. The price opened at 0.0009775 and climbed to a close of 0.001068, rallying decisively after hitting a low of 0.000945. This pattern screamed bullish energy, with a strong confirmation seen in the subsequent bars. Buyers capitalized on this move, pushing the price to test higher resistance levels.
4. January 11, 2025 – “Buy Volumes Takeover” (Direction: Sell)
A shift in momentum was clear as the market opened at 0.0011125 but closed lower at 0.001072, signaling a potential fake-out or exhaustion of bullish power. The next bars saw prices aligning with the forecasted sell direction, validating this pattern’s call for caution.
5. January 17, 2025 – “Sell Volumes Max” (Direction: Sell)
The market turned bearish once again, with an opening price of 0.0010495 and a sharp close at 0.000944. Hitting a low of 0.000896, this pattern proved its worth as the next bars continued downward, showing that the selling wave had not yet lost steam.
Key Takeaways:
The roadmap reflects that bearish patterns like "Sell Volumes Max" consistently aligned with market direction, highlighting a reliable trend-following signal.
Bullish patterns struggled to break through key resistance levels but showed potential for short-term trades.
Momentum shifted between bulls and bears, creating pockets of opportunity for nimble traders.
Technical & Price Action Analysis: Key Levels to Watch
Here’s the breakdown of the make-or-break levels for BYBIT-KEYUSDT.P. These zones are where the action happens, and if they don’t hold, they’ll likely flip into resistance. Keep your eyes peeled for these hot spots!
Support Levels
0.000602 – The absolute low of the asset, touched recently. If this level gives way, expect it to become a solid resistance. 0.001082 – A critical support zone. If it doesn’t hold, bulls are likely to face a steep climb. 0.004257 – Not just support, but a psychological barrier. Failure here could turn it into a strong ceiling.
Resistance Levels
0.001082 – Doubling as support, but if the price can’t break back above, it’s game over for bulls at this level. 0.001476 – The next stop on the way up. If rejected, expect bearish vibes to dominate. 0.00538 – A major obstacle for any meaningful upside momentum.
Powerful Support Levels
0.004257 – All eyes are here. Losing this zone would spell trouble, as it’s one of the last defenses. 0.0057895 – A bounce from here could set up a strong rally, but a breakdown flips it into a bear’s playground. 0.0067375 – The line in the sand for bulls. Holding this is critical for regaining confidence.
Powerful Resistance Levels
No current data here, but watch for powerful zones to emerge once the price climbs closer to previous highs.
Pro Tip:
If these levels don’t hold, don’t panic. Just flip your mindset – these same levels will likely become strong resistance zones, perfect for fade plays or short setups. Stay sharp and trade what you see!
Concept of Rays: Trading Strategies and Scenarios
Let’s dive into the mechanics of trading using Fibonacci Rays, the dynamic levels built on precise mathematical principles. These rays define boundaries of movement channels and provide high-probability setups for trading key price interactions.
How Rays Work in Trading
Fibonacci Rays define zones of interaction, creating a system of dynamic support and resistance levels.
Price movements tend to follow rays, and interaction often signals whether to expect a reversal or continuation.
Dynamic factors like Moving Averages (MA50, MA100, MA200) further confirm key zones, enhancing accuracy.
The strategy: Wait for price to interact with a ray and exhibit clear movement in the direction of the ray, targeting the next ray.
Two Trading Scenarios
Optimistic Scenario :
The price reacts positively to support rays and continues upward, interacting with ascending Fibonacci Rays and moving averages. Targets align with resistance rays.
Entry: After interaction with Support 0.001082 and confirmation from MA50 at 0.00092, enter long.
First Target: Resistance at 0.001476 (next ray level).
Second Target: Powerful resistance near 0.00538 (further ray projection).
Third Target: Upper limit of movement at 0.0067375 if momentum sustains.
Pessimistic Scenario :
Price fails to hold support rays and breaks below, aligning with descending Fibonacci Rays. Each broken ray acts as resistance for potential short setups.
Entry: After price breaks below 0.001082 and closes under MA50 and MA100.
First Target: Powerful support at 0.000602 (next ray level).
Second Target: Deep retracement towards 0.004257, now acting as resistance.
Third Target: Collapse towards absolute lows below 0.000602, if selling momentum dominates.
Dynamic Trading Ideas Based on Ray Interactions
Bounce from MA50 and Ray Support: If price interacts with 0.00092 and shows strong buying signals, go long towards the next ray.
Break and Retest of Resistance Rays: If 0.001476 is broken and retested with confirmation, aim for 0.00538.
Sell-off after Ray Break: If price breaches 0.001082, wait for a retest and short towards 0.000602.
Range Trading Between Rays: Play the levels between 0.001476 and 0.00538 during a sideways market, watching for clear rejection or breakout signals.
Key Points for Execution
Always wait for interaction with rays and dynamic confirmation (e.g., MA alignment).
Move stops to breakeven after hitting the first target.
Targets are sequential: from ray to ray, ensuring flexibility in both scenarios.
Trade Smart and Flexible : Let the rays guide your entries and exits while keeping an eye on volume and momentum. Remember, every ray interaction is an opportunity!
Your Turn: Let’s Keep the Conversation Going!
Got questions or want to dive deeper into the analysis? Drop your thoughts in the comments below—I’m here to chat and explore with you. Don’t forget to Boost this idea and save it for later to track how the price respects my mapped levels. Watching these movements unfold is the essence of trading mastery!
By the way, my proprietary indicator handles all these rays and levels automatically, making the process seamless. If you’re curious about using it, feel free to reach out via private messages. Let’s discuss how it can become part of your trading toolkit.
Looking for custom analysis? I’m open to analyzing any asset you’re interested in. Some of it I share openly, but if you prefer a private breakdown tailored just for you, we can work something out. Trust me—these rays work across all markets, and I’d be happy to create a setup that fits your needs.
Finally, don’t miss out on future insights! Follow me here on TradingView, where I post all my updates and ideas. Your support and engagement keep this community thriving, and I can’t wait to hear your thoughts.
Let’s trade smart, stay connected, and grow together! 🚀
110-112k SOON! Analysis update on Btc/Usd pairBrave sailors, welcome, everyone!
A small update on the btc/usd pair due to the fact that I accidentally closed my previous post.
I still do not see globally any preconditions for further price reversal. Yes, it is quite likely that we will first touch the zone beyond 100k$, where a huge amount of liquidity is concentrated in the form of longists' stops. I hold my position, I will sell around 110-112k$. Always use risk management!
Market Thoughts
Bloomberg: Donald and Melania's memcoins undermine confidence in the cryptocurrency industry
The launch of the eponymous meme coins has sparked a flurry of criticism from experts and investors. Expectations about the development of the digital sector under the new administration were replaced by doubts, as the projects reinforced the negative perception of cryptocurrencies as unstable and unserious assets.
At the same time, the cryptocurrency market as a whole has experienced a downturn: capital going into memcoins has led to a deterioration in trading of other assets, including Bitcoin. Experts have noted concerns about conflicts of interest and undermining confidence in the industry. I, in turn, believe that by doing so, Trump is fueling interest in new money, which will be extremely positive for the cryptocurrency market as a whole.
Today is Martin L. King Day, a day off for the U.S. market, which also reduces liquidity and may lead to sharp and chaotic movements.
At the current moment we see growth in cryptocurrency market, stocks, currencies, etc. Regarding our scenario on btc/usd pair: the price has confidently overcome the main resistance zone, having updated the maximum and almost reached our target zone of 110-112k$.
As I wrote earlier, I believe that after Trump's inauguration, the markets will continue to be in euphoria and we should see good moves in major altcoins. In this situation, I bet on ether and the major altcoins from this network. Again, don't forget about risk management. The cryptocurrency market is an extremely unpredictable place.
I wish everyone successful trading operations, my brave sailors!
Technical Analysis of XAUUSD Using Support and Resistance LevelsXAUUSD represents the price of gold (XAU) against the US dollar (USD). Its current price is 2724, and the target price is set at 2800. This suggests a bullish outlook, with an expected price increase of 76 points. The analysis is based on the "support and resistance" pattern, where the current price is rebounding from a strong support level. Support levels act as a price floor, where buying pressure typically overcomes selling pressure, preventing further decline. The strong support indicates high confidence among traders that the price will rise. A move toward the target of 2800 aligns with the historical price behavior near this level. Traders may monitor for confirmation signals, such as higher highs or increased volume, to validate the upward momentum. However, market conditions and external factors like economic data or geopolitical events could influence the pair’s movement. Proper risk management is essential.
BTC new all time highsOn going FIBonacci price targets of BTCUSD.
112,750 1st target, new all time high.
Resistance likely @ previous 108k all time high.
:: See chart for predictive price path.
--- Mid - Late Feburary price price prediction.
::: Speculative assumption on current BTC price action. :::
***Newest local low and price action suggest the new local low bottom with continuation to the up side.
108k should stabilize - followed by 112,750 new ATH target.
Short-term analysis of the pair Btc/Usd. Top up everyone!Welcome aboard my ship!
In my first review on this resource I would like to analyze the btc/usd pair.
At the current minute, the price has hit the upper boundary of liquidity and the main zone of sellers' imbalance. A breakdown of this zone will indicate a local reversal and a test of liquidity to the 103-104k area. Taking into account that the 1d candle closed with a strong pinbar and liquidation of more than 850 mln margin positions, I expect a breakdown on the strong imbalance of buyers and further continuation of the uptrend. Main target: 109-110k per coin. The scenario will lose its relevance at the breakdown of 90-91k.
btc breakout happening as we speak, double div up to 108kbtc chart - double 4h div into breakout, i think is good chance for blaster
Bitcoin (BTC/USD) – Key Technical UpdateCurrent Price Action:
Bitcoin is testing a critical breakout point from a rectangle continuation pattern. If the breakout occurs, the next target range is $115,000–$120,000.
The bullish trend remains intact, supported by the formation of a higher low on January 13, and the strong support zone between $90,000–$92,000.
Key Levels to Watch:
Support:
$90,000–$92,000: This support zone has proven crucial for maintaining bullish momentum. As long as Bitcoin stays above this level, the market remains bullish.
Resistance:
$115,000–$120,000: This is the immediate target range if the breakout from the rectangle pattern confirms. A successful move into this zone would signal continued bullish strength.
Market Implications:
A successful breakout would likely push Bitcoin toward new all-time highs, further confirming the strength of the bullish trend.
Support at $90,000–$92,000 needs to hold for continued upside. A drop below this zone would challenge the bullish structure and necessitate a reevaluation of the trend.
Outlook:
Bullish Scenario: A breakout above the upper boundary of the rectangle pattern would trigger a rally toward $115,000–$120,000, with new all-time highs likely.
Bearish Scenario: A failure to hold $90,000–$92,000 could lead to a deeper pullback, challenging key levels and potentially signaling a trend reversal.
Conclusion:
Bitcoin is at a critical point. A confirmed breakout from the rectangle continuation pattern would open the door to significant upside, with a potential move toward $115,000–$120,000. As long as $90,000–$92,000 holds as support, the bullish outlook remains strong.
20/01/25 Weekly outlookLast weeks high: $106,467.97
Last weeks low: $89,292.15
Midpoint: $97,880.06
The Trump era begins...
January 20th 2025 is the date in which America sees its new Republican administration take office. An administration that has promised to embrace crypto instead of demonise it, one that wants the future of crypto to be built in the US, so far Trumps picks for SEC chairman and other important related roles have reflected that pro-crypto belief.
However, launching a $TRUMP memecoin and the subsequent $MELANIA memecoins just moments before inauguration in my opinion is a very bad start. Not only did the launch of TRUMP draw out liquidity from the altcoin market, it also damages the broader market just from an optics point of view. The general publics perception of crypto is it's full of scams, pump and dumps etc so to try and change the general publics mind the answer is to... Launch a memecoin...
Now I'm fully aware Donald Trump himself probably has very little to do with this, just like most celebrity memecoins but I just don't see how this is a positive start for the administration in proving their pro-crypto stance.
Bitcoin did have its highest weekly close of all time @ $106,500, which was $2000 higher than the previous ATH. +20% move from weekly low to high in anticipation for the potential Bitcoin strategic reserve announcement. Avoiding a SFP similar to that of week commencing January 6th will be a priority for BTC, we are in a rangebound environment so a SFP can have the potential to drop back down and undo a lot of the previous weeks progress. Until BTC breaks the rangebound environment and begins a trending move I will treat it as such.
For this week I'm keeping a close eye on the Liberty Financial portfolio (ETH,AAVE,LINK,ONDO,ENS) & US based majors (SOL,SUI,AVAX, ADA, STX,INJ) etc. The play is definitely coins that will be directly influenced by this new US administration, at least for now I cannot see any liquidity go towards any other coins for the time being.
!!! BITCOIN !!! PUMP r DUMP Trump ?hi,
The MA50 line (1day) will determine whether the price will fall or rise.
I expect an initial drop with a quick recovery in the following week.
This is just an idea!
Be careful.
Bitcoin at Resistance: Expanding Triangle Hold=>Last Chance!!!Bitcoin ( BINANCE:BTCUSDT ) is moving in the Resistance zone($104,700-$101,920) , near the upper lines (resistance role) of the Expanding Triangle Pattern , Monthly Resistance(1) , and Time Reversal Zone(TRZ) .
In terms of Classic Technical Analysis , Bitcoin seems to be moving in an Expanding Triangle Pattern during the last 30 days . If the upper line is validly broken, this pattern will be failed.
According to the theory of Elliott waves , it seems that Bitcoin can move in an Expanding Flat(ABC/3-3-5) in the 4-hour time frame . Bitcoin is currently completing microwave 5 of the main wave C . If Bitcoin touches $107,000 , the possibility of this corrective pattern being failed is very high.
I expect Bitcoin to drop to at least $100,000 .
Note: If Bitcoin goes below $107,000, we can expect BTC to make a new All-time High(ATH).
Note: There is also the possibility of Bulltrap formation.
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 4-hour time frame⏰.
Be sure to follow the updated ideas.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Bitcoin: 105K Greater Chance Of Retrace.Bitcoin briefly tested 90K only to show a sharp reversal which has lead to a run into the 105K area resistance. IF momentum continues, 108K can be tested, but IF a bearish reversal appears, a test of 100K is also possible. The key is looking for confirmations on smaller time frames in order to get a better sense of what the market wants to do, not what you think it will do. There is also an important lesson here about chart patterns.
First let's address the wave count. My chart shows a "5?" which is potentially the completion of a very broad (monthly) Wave 3. The reason there is a "?" is because in order to confirm, the market needs to do something like clear a major support like 90K. While 89K was actually tested, the swift rejection means 90K is still intact and still the major support area to watch for. This also means the current wave structure going back to the 108K high may still be a Wave 4 and a bullish Wave 5 maybe be developing. 108K will have to be cleared in order to confirm. If this scenario plays out, 113K is the next resistance and profit objective area.
The arrow on the chart points to the 105K AREA resistance. From such a level, I anticipate a brief retrace at least (see illustration) over the coming week which can take price back to 100K. Best way to utilize this information is avoid new longs, look to lock in profits, and/or look for trade ideas on smaller time frames. At the moment there are no bearish signs at all so selling in front of such strong momentum is just as risky as buying and expecting a test of 108K.
The other key lesson here is the head and shoulders pattern. I specifically mentioned this in my previous article. These patterns can appear randomly just like anything else. Jumping to a conclusion upon seeing a such a pattern is what gets you caught on the wrong side of the market when you have moves like the one that is in progress now. Best way to avoid this bias is to always keep an open mind and do NOT think in absolutes. The head and shoulders in this case was totally meaningless. The confirmation would have been a decisive break of 90K, NOT a brief break, followed by a bullish pin bar.
Watch price levels and price structure and let the market choose, our job is to adjust to the market and measure the ever evolving risk. At resistance levels like price is at now, I believe probability favors a retrace. I can be wrong, but if the risk on both sides is high, its better to be wrong and out, than wrong and in.
Thank you for considering my analysis and perspective.
Need to check the movement of StochRSI and BW(100)
Hello, traders.
If you "Follow", you can always get new information quickly.
Please click "Boost" as well.
Have a nice day today.
-------------------------------------
(BTCUSDT 1D chart)
The StochRSI indicator is showing a change in slope in the overbought zone.
However, due to this rise, the StochRSI indicator may touch the 100 point.
Accordingly, the StochRSI indicator will soon turn downward.
Therefore, when the StochRSI indicator shows a downward trend, the key is whether it can be supported around 101947.24-106133.74.
-
As the BW auxiliary indicator touches the 50 point, the BW(100) indicator is about to be newly created.
Accordingly, the direction in which the newly created BW(100) indicator is created based on the current BW(100) indicator point of 106133.74 is the point of observation.
Since the BW auxiliary indicator must fall from the 100 point in order for the BW(100) indicator to be created, the price will fall when the BW(100) indicator is created.
The BW(100) indicator has currently been on an upward trend.
This time, the point of observation is whether the BW(100) indicator can be created above 106133.74.
The BW(100) indicator and the BW(0) indicator are paired indicators.
Since the BW(100) indicator fell as it was created, the BW(0) indicator was created, so it can be seen that the wave has been initialized.
This time, since the BW(0) indicator is rising as it is being created, if the BW(100) indicator is newly created this time, the wave will be initialized.
This wave refers to the box section that moves in the BW(0) ~ BW(100) section.
The actual wave or trend starts when it deviates from the BW(0) ~ BW(100) section.
The HA-Low and HA-High indicators can also be interpreted as BW(0), BW(100).
However, the HA-Low and HA-High indicators are more likely to show wider movements than the BW(0), BW(100) indicators, so they are more advantageous in creating trading strategies.
In that sense, the BW(0) and BW(100) indicators can be said to be indicators that can be responded to in detail in trading strategies.
-
The high point boundary section was formed as the HA-High and BW(100) indicators were created.
Accordingly, it will enter the high point section only when it rises above the 101947.24-106.133.74 section.
If so, the possibility of starting a new upward wave increases.
On the other hand, when the HA-Low indicator and BW(0) indicator are generated, a low point boundary section is formed.
-
Not all indicators move at all times according to the interpretation method.
However, it can only help you find a basis for buying or selling when conducting actual transactions.
The movement of these indicators can be said to be like finding a lighthouse in the vast sea of trading.
-
The next volatility period is between January 23rd and 30th.
We need to look at how BTC moves as it passes through this volatility period.
As explained above, since the StochRSI indicator is in the overbought section, it is important to see whether the STochRSI indicator shows a downward trend as it passes through this volatility period.
The MS-Signal (M-Signal on 1D chart) indicator is rising to around 97461.86.
Accordingly, in order to maintain a short-term uptrend, the price should be maintained above the MS-Signal (M-Signal on 1D chart) indicator.
-
Thank you for reading to the end.
I hope you have a successful trade.
--------------------------------------------------
- Big picture
I used TradingView's INDEX chart to check the entire range of BTC.
(BTCUSD 12M chart)
Looking at the big picture, it seems to have been maintaining an uptrend following a pattern since 2015.
In other words, it is a pattern that maintains a 3-year uptrend and faces a 1-year downtrend.
Accordingly, the uptrend is expected to continue until 2025.
-
(LOG chart)
Looking at the LOG chart, you can see that the upward trend is decreasing.
Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective.
Therefore, we expect that we will not see prices below 44K-48K in the future.
-
The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015.
In other words, it is the Fibonacci ratio of the first wave of the uptrend.
The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019.
Therefore, it is expected that this Fibonacci ratio will be used until 2026.
-
No matter what anyone says, the chart has already been created and is already moving.
How to view and respond to this is up to you.
When the ATH is updated, there are no support and resistance points, so the Fibonacci ratio can be used appropriately.
However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous when used as support and resistance.
This is because the user must directly select the important selection points required to create Fibonacci.
Therefore, since it is expressed differently depending on how the user specifies the selection points, it can be useful for chart analysis, but it can be seen as ambiguous when used for trading strategies.
1st : 44234.54
2nd : 61383.23
3rd : 89126.41
101875.70-106275.10 (Overshooting)
4th : 134018.28
151166.97-157451.83 (Overshooting)
5th : 178910.15
-----------------
6-9 new months of swing tradingI think 2025 will be a repeat of 2024.
Fractal analysis, an update to my previous chart. Let's try this.
ETH ANALYSIS🔮 #ETH Analysis - Update 🚀🚀
💲 As we said earlier #ETH performed same and retest its support level. Now we can see a formation of Bullish Flag Pattern in #ETH. Breakout of the pattern will indicate a bullish momentum.
💸Current Price -- $3425
📈Target Price -- $4400
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#ETH #Cryptocurrency #Breakout #DYOR
Will BTC continue its uptrend?Hi all, let's look at the 1D BTC to USDT chart, in this situation we can see how the price has broken out of the downtrend line and currently we can see how we are struggling to move towards the recent ATH at $108700.
Let's start by defining the targets for the near future that the price must face:
T1 = 106275 USD
T2 = 108476 USD
Т3 = 112839 USD
Т4 = 115756 USD
Т5 = 118876 USD
Now let's move on to the stop-loss in case the market continues to fall:
SL1 = 102746 USD
SL2 = 100744 USD
SL3 = 99094 USD
SL4 = 97479 USD
SL5 = 95161 USD
It is worth taking a look at the MACD indicator, which shows that we have entered an uptrend again, and here we have a visible place for this trend to continue.
Additionally, on the SMAs 20 and 50 we can see how we are getting closer to returning to a strong uptrend.
Target: $3800. Local review of the pair Eth/Usd 19.01.25Good evening, dear friends!
Local review of eth/usd pair from 19.01.25:
On ether I don't see any prerequisites for working from a short. The price is currently moving inside the local “triangle”, compressing the spring. The main volume level is marked in yellow color. If it is broken and, in case there is no excessive supply of sellers ~3500$, I expect the up-trend to continue on aggressive purchases to the price range of 3750-3850$.
The second scenario, unlikely:
Breaking through the lower accumulation boundary and going beyond $3072. This would indicate the strength of sellers and lack of sufficient buyer demand. That is where we should have a stop-loss on the position.
Translated with DeepL.com (free version)
SOLANA, Where is the best zone to long? SOLUSDT / 1D
Hello Traders, welcome back to another market breakdown.
The market is showing strong bullish momentum, breaking through key resistance levels and signaling a potential continuation to the upside. However, The price is rejecting the Previous all-time high. Hence, instead of jumping in at current levels, I recommend waiting for a pullback into the breakout zone for a more strategic entry.
If the pullback holds and buying confirms, the next leg higher could target:
1- First Resistance: Immediate levels formed during prior consolidation.
2- New all-time high
3- The one standard deviation target is shown in the chart.
Stay disciplined, wait for the market to come to you, and trade with confidence!
Trade safely,
Trader Leo.
Bitcoin on 'Pause' for brief moment!Seems like Bitcoin is making its moves in bullish fashion and is now exiting from the pause phase . Let me break down those phases for you: Consolidation, Bull, Pause, Bull...
On the chart, I’ve highlighted these phases:
Consolidation Phase: This is represented by a channel pattern , where the price moves within a defined range.
Bull Phase: This is the parabolic movement , showing strong upward momentum.
Pause Phase: This takes the shape of a triangle , signaling a temporary slowdown before the next move.
What’s fascinating is that all these patterns — channel, parabolic, and triangle shapes —have unfolded during the 2023–2024 bull run . Together, they form a rising channel , reinforcing the broader bullish structure.
Let’s see where Bitcoin heads next! 🚀
