$BTC parabolic run will continue!#Bitcoin We are far from a local top as the 3M logarithmic curve chart and momentum confirm!
BTC-D
SOL → One step away from ATH. Will the maximum be updated?BINANCE:SOLUSDT is rallying and testing the high of 248.44, but what is remarkable is that the coin is not pulling back, but consolidating with the aim of reaching ATH or even updating it.
The fundamental background of the coin is strengthening as an exchange-traded fund may emerge on the basis of Solana, most likely the issue will be discussed in 2025. There are only 2 ETFs approved so far, bitcoin and etherium.
Technically, on W1 the bulls are trying to take control of the 243-244 area. Buyer's chances are quite promising, accordingly, if they manage to keep the defense above this zone, the coin has all chances to form a new all-time high.
Resistance levels: 245.3, 248.5, 259.9
Support levels: 242.3, 234.3
The trigger zone is 245.3. A breakthrough and price consolidation above this zone may provoke aggressive buying with the purpose of growth continuation.
It is possible that the price may form a correction, for example, to 242.3, 238, 234 before continuing its growth
Rate, share your opinion and questions, let's discuss what's going on with ★ BINANCE:SOLUSDT ;)
Regards R. Linda!
ATCryptoScan: Bitcoin Projections into 2025I know that there are many people out there projecting Bitcoin movements, and some are accurate, while others are, well..., less accurate. I think we need to learn and discern what is sound, what is probable and what should we follow.
Here I present a continuation of the usual projections that I have been doing for bitcoin, and more, including market instruments, ETFs, and other charts.
Firstly, this projection has always been a combination between technical indicators (such as candlesticks, moving averages, MACD and volume analysis, DeMark, etc.), geometrical patterns with support resistance levels, Fibonacci, as well as astrological energy patterns.
Historically, earlier in 2024, 17 August was marked as the expected time to load up Bitcoin at 40K. While Bitcoin never reached 40K, the period (on hindsight) was about appropriate as BTCUSD consolidated strongly above 54K. Breakout signals started in September and October, Buy signals in late October.
A couple of posts in simple pattern analysis was also shared previously, even as close as a week before the massive breakout came.
So now, going forward, we need to relook into BTCUSD for when it would top out from this parabolic run, and to what retracement levels for out second bite at the cherry.
Ok, I will walk through the step by step thought process so here goes the model building...
The current spike rally is a little long in the teeth, if I may say so. BTCUSD has had amazing spikes and this is one of them for the history books. Meanwhile, I start with the weekly TD Sequential which is nicely completing a Perfected TD Sequential . What this means is that the Sequential Setup is completed with all the conditions required, and is ready for a retracement/trend change.
With that possibility, a target point needs to be demarcated and this can be done in many ways...
First up is a simple geometric measurement of the previous rallies. Since September, there has been two rallies of similar magnitude (x). The third rally did double the magnitude (2x) as denoted by the third blue (solid arrow). This arrow is left solid as it was part of the projection made previously. Clearly price overshot and went up much higher. Another magnitude (x) is marked by the dashed line blue arrow, and you can see that there was a stall about 94,500.
And then the spike rally started yet again...
This time, I am less expectant of a double magnitude (2x) rally. BTCUSD needs to end the rally on a flat note, and then retrace for the next larger wave. If it blows off the top then the downside would be more devastating.
TD Sequential also has yet a lesser known, but very common and respected, rule that states it is possible to overextend for the range on the highest candle... marked by the blue box (daily) and the yellow box (weekly).
Astrological energies "coincidenttally" pin 17 December as the time for a reversal. Furthermore, and oddly enough, in a retracement setting to rocket further/
Together with the weekly TD Sequential, there is a confluence at about 108K for BTCUSD topping out. This should bring us to the end of the year, maybe early next year.
Now that models the topside. It needs to happen first, then the expected retracement can then be a realistic possibility.
Rough modelling forward, if the topping out happens as expected, we should see a retracement to about 75K. This is a simple look at the respected and responded Fibonacci lines, noting that every 61.8% is a support bounce.
So, for a probable longshot, 75K in Feb 2025 is targeted as the next point/level for accumulation.
#WLD Potential Buy SetupGood Morning Ladies and Gentlemen's
i Introduce you my Prediction that the Officialy Altcoin Season had Started.
from now on look on bigger Target and Watch out how almost All Coins will Pump some in one Day some in the Other Day so from here on i don't need to Spam you with tons of Coins in a Day when you know everything will Pump.
The Best Safe Opportunities is SPOT but its your Choose.
📈 Entry CMP : 2.284
🛑 SL: 1.961
🎯 Target 1: 2.831
🎯 Target 2: 3.606
🎯 Target 3: 4.403
Cheers to All 🍾
BTC to ATHThis is a chart I prepared a few months ago. I never shared it. BTC got in the "Buy Zone" just briefly. Now we have set a series of higher lows. This is a Bullish setup. I see a break from previous resistance with strength to go higher. ATH in the near to medium term.
Stack Sats on pullbacks and don't over-trade.
Not your Keys. Not your Crypto.
Stay safe my friends.
CYCLE 4 | SMA Golden Ratio [UPDATE]For those following along with this indicator, the current price action volatility has accelerated price to some interesting historic points.
As discussed in prior post above, historically BTC has followed a trend of dropping to the lower SMA extension coloured line with each cycle with interesting multiple hits in establishing our 2021 technical cycle top.
We have already tagged the gold line and currently approaching the 'Gray Line' which put in our prior cycles ATH.
Will be interesting to see how BTC (buyers / sellers) handles this price level and the information this may provide on how useful this indicator may be this cycle....
Bitcoin 4 Year Fractal update 2022 I've created this because I've had literally tens of people messaging me asking for an updated chart - There isnt a huge amount to update from the last one- we topped at the right time, wrong price - I've retraced 80-85% and then onward to a price target of 330k.
Trying to predict the price of a relatively new, risk asset in the middle of a pandemic and world war 3 is pretty poinless but this might be a bit of fun to track and its max pain for a lot of people, buying at 69k, seeing it drop into the teens then staying in the 20s for a year will flush a lot of people out...
But like I say, I dont think price can be held that low for long, there simply isnt enough corn and theres a lot of hodlers now.
ETH FLIPPENING to 7100$ + 4100$Very bullish for ETH against BTC over years everybody wait for this moment, i found a line from the early 2020 that now i activated and valid. The big flippening is for an breakout some hidden sights are allready in so GL & HF
BTCUSDT 96 ATH and soon dump to 69k\ VERY BIG RRI proceed from the fact that 69 and 96 are mirror values, they are related to each other as yin and yang, plus if you remember what the effect was when bitcoin was 69k and then what news appeared, there is a full probability that they can make bitcoin high in the zone of 96 and then a strong decline in the zone of 69 from where there will be a reversal of the price up with the subsequent breakdown of the price at 140k. What is the probability of that? I don't know, but even if it is 10% that it will come true, the risk/reward ratio is huge, I think it is worth a try. You should keep an eye on niskoliquids, because at the end of a strong growth they start to shoot and this is an indicator of the end of the bull run.
There can be local very bad news for the price direction downwards, such as something found during searches, sold at the market, some hacker attacks and then finding guilty of it to the applause of the public.
Why FET/USD looks like ETH/BTC ??noticed this this morning maybe there is a very simple explication, feel free to share it,
I'm not a pro charter so I'll not be able to put the pic of ETH/BTC directly on the chart but here is it
timeframes are different but there remains proportionals
it's a pattern that consists in :
- a vertical move (early 2024 for FET, early 2016 for ETH)
- a distribution that bring us to a higher low from before that vertical move (Low for FET was 6 august 2024, for ETH/BTC early September 2019)
- a move up that create a inverse H&S, that distribution is the left leg
- another distribution from that previous move that finished this month for both pairs, yesterday was THE low for ETH/BTC if my whole idea is working, it was a local low for FET/USD but this one touched the channel where FET is evolving + it's a 0.5 fib retracement from previous move up
TP 15???¿
How far can #Bitcoin's price rise?As I mentioned in the analysis below, when #Bitcoin was around the price of $66,500, I observed a bullish flag pattern in the weekly timeframe on the #Bitcoin chart. We have now seen that Bitcoin has managed to reach $98,000 as of tonight.
Now the question is: how far will this #Bitcoin price growth continue?
As you can see, #Bitcoin has managed to grow equal to the depth of the cup. I anticipate a slight correction in this area (around $98,500), after which the price of this cryptocurrency may continue to rise to approximately $114,000, reaching the golden ratio of Fibonacci projection (1.68 level of the cup's depth).
This is merely an analysis based on Fibonacci teachings and chart patterns and should not be the basis for your decision to buy or sell this cryptocurrency. The final decision should be made at your own discretion and responsibility.
I hope you enjoy profitable days in the market.
SOL/USDT 1D trade idea Solana has been one of the best performing majors so far this Bullrun, and has had one of the best reactions to the recent sell off.
The DAILY chart is an interesting one and clearly respects the range structure, currently the price has just rejected off the MIDPOINT and for me is an area of contention, there are some triggers i'd like to see and can take action on:
- Accumulation below the Midpoint before a break above putting in higher highs and higher lows when above. The target would then be range high with the 0.75 line as first TP.
- A new lower low and lower high on the LTF from now may signal a move lower, this could then find support at the 0.25 line which is also where the 1D 200EMA is and therefore good support.
How Bitcoin BTC Will Break $100k And What Is Going Next?Hello, Skyrexians!
BINANCE:BTCUSDT is approaching the $100k, which is the key psychological level for many traders. Some traders are wondering how Bitcoin can pump so high, other became believe in $200k, $500k of even one million dollars per coin! For those who follow us it's not surprise that BTC has almost reached $100k from our previous analysis . There we mentioned that crypto asset is finishing the bull run with the wave 5. This wave had the target at $107k and we can define with higher accuracy the wave's end using subways count inside it.
On the daily time frame we can see the potential Elliott Waves counting. Looking at the maximum Awesome Oscillator value we can see that currently price is printing wave 3. This wave has the target with the 1.61, 2.61 or 3.61 Fibonacci extension levels. The first one has been broken, now price is at 2.61 level. Therefore, it can start local correction anytime now. The maximum target is $113k, which has the low probability of reaching in this wave 3.
We want you also to pay attention that Bullish/Bearish Reversal Bar Indicator flashed the green dot just before the growth and at the bottom on August 5 as well. As always, alerts from this indicator can be automatically replicated on exchange account orders. You can find the information in our article on TradingView . We can expect the red dot as a potential reversal sign.
The next dump in our opinion is not going to be the end of this game, Bitcoin shall print wave 4. It has targets between 0.38 and 0.5 level. BTC usually tends to show the short correction, so $79k can be the correction target. After that we expect the final subway of the final wave, which will likely reach our target from previous article at $107k, but the decisive factors are going to be the bearish divergence of the AO and the red dot on our indicator.
Best regards,
Skyrexio Team
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SEI FOLLOWING SUI??SUI has been on a great run in the last few months being a first mover in the altcoin space while BTC has been chopping for 6 months, now SUI is on the very edge of pushing above above the local high.
The chart on the right is SEI and looks like the chart lines up perfectly just lagging behind by a month. This could be a great trade opportunity going into the end of the year/Q4. If the trajectory is the same as SUI we could look to expect a +218% move, and structurally even without a comparison to SUI the chart TA suggests a new higher high and higher low bullish structure which will naturally want to climb back up the chart.
Bitcoin generally has a big part to play in the altcoin world, however SUI has made this rally on its own without the pulling power of BTC, could SEI do the same???
ETH BREAKOUT??Simple chart with key levels shown. After the Trump victory price has broken out from the downtrend of 7 months. So far the breakout has been capped at the major resistance level of $2850. It's a clearly important S/R level with clear TPs on the way back up to local high.
Entry is a tricky one, the macro is clearly bullish with the election news + interest rate cuts happening globally. A safer entry would be a flip of the resistance @ $2850.
A second entry would be the green box and still broken out of the downtrend. That would make the entry closer to being wrong and therefor better R:R but for me less probable as $2850 is still major resistance.
Invalidation is under the green area around $2700 and falling back under the downtrend, approx -6.5% under the possible entry once the S/R is flipped.
BTC Next Targets $100K ?BTCUSDT Technical analysis update
BTC's price has formed an ascending triangle pattern on the 1H chart and is now moving toward a breakout at the triangle's resistance. The 100 EMA acts as strong support for the ascending triangle. If the breakout occurs, the price could reach $100k in the coming days.
#BTC 2H. Ascending triangle & trend continuation. 11/19/24Earlier, the price formed an "ascending triangle" pattern—a continuation pattern that occurs when the price gradually forms a series of higher lows while the upper boundary (resistance) remains flat or slightly rising. This signals a narrowing range and potential further growth. And I warned you about this in advance! (By the way, which of your traders describes patterns this thoroughly?). But that’s not the point now.
According to technical analysis theory, if the price breaks out of the ascending triangle pattern, its movement usually matches the height of the pattern, measured from the base to the peak. If we follow the idea that the movement after the breakout equals the pattern's height, Bitcoin’s price could reach the $100,000 level. And honestly, why not?
At the same time, earlier this week, the market was in a "bullish" trend, meaning prices were rising. By the close of trading on the CME exchange on Friday, the price was around ~$92,000. I assume this price will become an important reference point (including a support level) that the price will aim for in the near future.
This Has Only Happened Once BeforeBitcoin "priced" in US Dollars (ie the number of Dollars you can trade for 1 Bitcoin divided by 1 Bitcoin but leaving the number 1 in the denominator invisible as a stupid stone aged esoteric shenanigan used to make you forget about the role of currencies in the taxation and control of your everyday life) has only simultaneously met these 2 conditions twice in Bitcoin's existence: 1. The current value of Dy/Dx of its SMA50(SMA50(SMA50 Weekly Close)) and 2. Reaching the upper bound of the macro trend of the deviation of the Weekly Close from this smoothed long term MA as measured by the Weekly Close/Thrice Smoothed MA.
This could indicate that Bitcoin USD is pushing on major resistance and is due for a major contraction or consolidation before moving higher and completing the cycle within the next year.
Considering where we are in the economic cycle, with the Bond Market mimicking 2007 and 1953 or 58, stocks overvalued when adjusted for currency manipulation, and the yield curve un-inverting while retail confidence is at all time highs, perhaps we should take a moment to introduce a bit of caution into our analysis.
Bitcoin can exit from pennant and rise to new ATH (98K points)Hello traders, I want share with you my opinion about Bitcoin. By observing the chart, we can see that the price rose from 75750 points to 81000 points and then made a little correction. After this, the price made a strong impulse up to the 87700 support level. Also then price started to trades inside the pennant, where it later broke the 87700 level and then tried to grow more, but failed and some time traded between this level. Then BTC bounced from the buyer zone and rose to the resistance line of the pennant, after which at once turned around and made a correction back to the buyer zone. Next, prices not long time traded in this area and later continued to move up inside the pennant. Soon, the price reached the support line of this pattern, and continued to move up near this line and some time later BTC rebounded from this line to the resistance line. A not long time ago, the price turned around and made a small correction, after which in a short time, it backed up. At the moment, the price trades near the resistance line of the pennant. So, I think that BTC can fall to the support line and then rebound up higher than the resistance line, thereby exiting from the pennant pattern. Also, I expect that then price will continue to grow, therefore I set my TP at 98K points. Please share this idea with your friends and click Boost 🚀
BERT/USDT 1H Memecoin play with some strong numbers and community:
- FWB:69M MarketCap
- $42.5m 24h volume (61% Vol/Mcap)
- 100% of max supply (980M) in circulation. (Self-reported)
- Solana chain
Currently not yet listed on Binance or Coinbase but there are rumours that it may be listed soon which would bring a lot more potential buyers to the coin.
For memcoins technical analysis is less important but can still tell a story. The current range shows a clear resistance at 0.75 and a support at 0.25.
The diagonal resistance breakout coupled with the bullish divergence already printed indicating a bullish reversal the TA looks good currently.
Memes are risky and unpredictable so DYOR
My Sentiment indicator gave a wrong signal? (PAID Indicator)market was sideways and i think it sensed it correctly.. but it add the charm when you add 9EMA or 20 EMA...
question : did it give a wrong signal?
Let’s break it down. The exit happened when the price moved out of the green background zone, transitioning into the neutral charting color, typically indicating a lack of momentum. However, we then saw a big green candle, which brought some momentum back. The indicator, thinking the trend could continue, generated a buy signal. But in the very next candle, the price started falling.
so basically when there is no red/green background it means sideways, where momentum, volume is lacking in the trend.
This is the first time I’ve noticed such behavior—a buy signal followed immediately by a downturn. Interestingly, this happened right at the top, where the market essentially trapped traders.
What do you think went wrong? This is why I sometimes incorporate the 9 EMA for exit or 20 EMA for additional confirmation like if price can be bullish again or change momentum. For example, if the market is above the 20 EMA, it generally signals bullishness.
However, I use the 9 EMA in my indicator as an exit signal to maximize profits and ensure timely exits.
Bitcoin Approaching Upper Channel Resistancehello guys.
Ascending Channel: Bitcoin is trading within a well-defined ascending channel, with support and resistance levels marked by parallel lines.
Upper Resistance Zone: The price is nearing the upper boundary of the channel around $95,784, which may act as strong resistance.
Bullish Momentum: The trend is bullish as Bitcoin has consistently followed the channel upwards, respecting both support and resistance levels.
Potential Pullback: If Bitcoin faces resistance at the upper channel, a pullback towards the midline or lower boundary is possible.
Target: If the price breaks above the upper boundary, Bitcoin could see a further bullish extension around $95,784. However, rejection at this level could signal a temporary correction.
