BTC-M
COOKIE Long Swing OpportunityMarket Context:
COOKIE is nearing a key support zone, offering an ideal entry for a potential bounce and continuation of its trend.
Trade Details:
Entry Zone: Around $0.15
Take Profit Targets:
$0.25
$0.36
Stop Loss: Daily close below $0.11
This trade provides a favorable risk-to-reward ratio if COOKIE holds at support and reverses upward. 📈
Bitcoin BTC price analysis😕 Yesterday's news of a higher-than-expected CPI increase seems to have been "digested" by the market.
We liked that most of the alts held up quite well (all compared to last week) - there was no more panic.
1️⃣ On the one hand, the CRYPTOCAP:BTC price is being pushed to the “critical triangle” below which the OKX:BTCUSDT price may go to close the CME GAP formed last year.
But BTC.D is also dropping, albeit reluctantly, a little bit.
2️⃣ On the other hand, maybe it's time to stop focusing on that bourgeois #Bitcoin ).
It's time for the altcoins to take "the pitchforks" into their own hands!)
😱 Some #CAKE and #Bake are showing good growth and even the “heavy” CRYPTOCAP:BNB is climbing despite them.... and all because #CZ decided to return to the “big” game and will present a photo of his dog in a few hours....
We are re-reading this sur and our eyes are twitching.... but these are the realities of the crypto world now...)
⁉️ So, what do you think, which memecoin from СZ will blow up the information space and pull all the market liquidity to itself in the coming hours/days?)
How to trade with V patterns !!!In trading, a V pattern is a chart formation that resembles the letter "V" and is used in technical analysis to identify potential reversals in price trends. It is one of the most common and recognizable patterns, signaling a sharp decline followed by a quick recovery.
Here's a breakdown of the V pattern:
Characteristics of a V Pattern
Sharp Decline (Left Side of the V):
The price experiences a rapid and steep drop, often driven by strong selling pressure or negative market sentiment.
This decline is usually quick and may occur over a short period.
Reversal Point (Bottom of the V):
The price reaches a low point where selling pressure exhausts, and buyers step in.
This is the point where the trend reverses, often accompanied by high trading volume.
Sharp Recovery (Right Side of the V):
The price rebounds quickly, mirroring the steepness of the initial decline.
The recovery is driven by strong buying pressure, often fueled by positive news or a shift in market sentiment.
Types of V Patterns
V Bottom (Bullish Reversal):
Occurs at the end of a downtrend.
Signals a potential reversal from bearish to bullish.
Traders look for confirmation of the reversal, such as a breakout above a resistance level or increased volume.
Inverted V Top (Bearish Reversal):
Occurs at the end of an uptrend.
Signals a potential reversal from bullish to bearish.
Traders watch for a breakdown below a support level or decreasing volume as confirmation.
How to Trade the V Pattern
Identify the Pattern:
Look for a sharp decline followed by an equally sharp recovery.
Use trendlines or moving averages to confirm the reversal.
Wait for Confirmation:
Avoid entering a trade too early. Wait for the price to break above a resistance level (for a V bottom) or below a support level (for an inverted V top).
Set Entry and Exit Points:
For a V bottom, enter a long position after the price breaks above resistance.
For an inverted V top, enter a short position after the price breaks below support.
Use stop-loss orders to manage risk, placing them below the reversal point for a V bottom or above the reversal point for an inverted V top.
Targets:
Measure the height of the V pattern and project it upward (for a V bottom) or downward (for an inverted V top) to estimate potential price targets.
Key Considerations
Volume: Higher trading volume during the reversal confirms the strength of the pattern.
Market Context: V patterns are more reliable when they align with broader market trends or fundamental factors.
False Signals: Not all V patterns lead to sustained reversals. Always use additional indicators (e.g., RSI, MACD) to confirm the trend.
The V pattern is a powerful tool for traders, but it requires careful analysis and risk management to avoid false signals and capitalize on potential opportunities.
**DXY 4H Analysis: Ascending Channel Support, Bullish Move AheadThis DXY 4H chart shows an ascending channel with multiple BOS (Break of Structure) and CHoCH (Change of Character) points. The price is currently near the lower trendline support, around 107.754, suggesting a potential bullish reaction.
A minor BOS has formed, and a possible retest of the 108.000 zone could act as confirmation for a bullish move. If the price holds above this support, the next upside target is around 110.062. However, a breakdown below the ascending trendline could indicate weakness, with support levels at 107.706–107.675 and a stronger demand zone lower around 106.400.
HelenP. I Bitcoin may drop below support level, breaking itHi folks today I'm prepared for you Bitcoin analytics. A few days ago, the price bounced off the trend line and dropped to the resistance level, which aligned with the resistance zone, and eventually broke through it. After that, the price continued its decline and even fell below the support level before quickly reversing. Following this reversal, the price made a sharp move up to the resistance zone but soon started falling again, breaking the 100500 resistance level in the process. Some time later, BTC dropped to the support level, which coincided with the support zone, and attempted to rise. However, it failed and corrected back to the 94800 support level. The price traded near this level for a while before rebounding to the trend line. Recently, it turned around again and resumed its downward movement. Currently, I anticipate that BTCUSDT will rise toward the trend line before eventually breaking below the support level. For this scenario, I’ve set my goal at 93200, which is below the support zone. If you like my analytics you may support me with your like/comment ❤️
BITCOIN bounced on last Cycle's Pivot and targets $125k.Bitcoin (BTCUSD) has been consolidating every since the Double All Time High (ATH) formation of December and January. As we've pointed out in previous analyses, this is similar to the December 2023 - January 2024 consolidation.
What we haven't seen before and we bring it forward to you today, is that the January 2025 Low was priced exactly on the Higher Highs trend-line that emerged from the November 2021 and April 2021 Highs, i.e. the previous Cycle's tops!
To make things more interesting, we can see an identical Higher Highs trend-line that held the January 2024 Low (of the similar consolidation phase we discuss above) with an identical 1W RSI sequence as well. That was what initiated the February - March 2024 rally.
Assuming the current Low holds, BTC should kick start any time now the new 2025 Bullish Leg, which technically eyes the Higher Highs trend-line of the current Bull Cycle (dotted line). Even if it starts as early as this week, it should target at least $125000.
Do you think that is a plausible scenario, assuming the former Higher Highs trend-line, which has now turned to a pivot, holds? Feel free to let us know in the comments section below!
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POPCATUSDT → False breakout of bearish trend resistanceBINANCE:POPCATUSDT.P is testing trend resistance on the 4H timeframe. A sharp approach and a false breakdown of the upper boundary of the channel may provoke a correction or continuation of the decline
The global trend is downtrend, the locational trend also coincides with the global trend. Bitcoin cannot become a bullish driver for altcoins yet. Yesterday's economic news also had a negative impact on the market. In addition, the cryptocurrency community was betting big on Trump, but he has put cryptocurrencies on the back burner.
Technically, POPCAT is testing the channel resistance with a false breakout within the downtrend. Consolidation of the price below 0.322 could trigger further selling.
Resistance levels: 0.322, correction resistance
Support levels: 0.2386, 0.1596
I do not exclude the possibility of retesting the resistance of the correction channel, but due to bearish pressure and weak market the decline may continue.
Regards R. Linda!
No longs by far. 90-92K stands in focusMorning folks,
Last time we were speaking about possible upside bounce to ~102.5K area. But BTC has failed three attempts to move out from support level where it stands. Despite that upside momentum was not bad.
With the recent high CPI on the table and weekly DRPO "Sell" pattern on the back, we suggest that downside action could start at any time. First target will be ~90-92K area just because this is daily oversold. Weekly pattern suggest target around 80-81K.
By this reason we do not consider any new intraday longs by far. Besides, on daily chart today we could get bearish grabber that supports adea of 90-92K lows level.
BTC/USDT chart analysis.BTC is hovering around the previous trendline and will be testing it as potential support after the breakout.
So far, it remains above the green demand zone ($92,000 – $95,000), indicating buyers are stepping in.
100-day MA (purple line): BTC bounced off this level, reinforcing its significance as a dynamic support.
BTC remains above it, a bullish sign, but a breakdown could change the momentum.
Support: $92,000 – $95,000 (green zone).
Resistance: $100,000 – $102,500, which has been a selling zone recently.
Do you want a trading strategy based on this setup?
If you found this analysis helpful, hit the Like button and share your thoughts or questions in the comments below. Your feedback matters!
Thanks for your support!
DYOR. NFA
ZK Updaterode this one back to the entry (even after the trendline from 5th Aug was broken)
in-detailed explanation in the USDT.D chart (give it a read if you want to find out how to spot strong reversal areas)
I've explained in detail what I'm expecting in this year. Please refer to the previous posts for in-depth analysis and thoughts. Too tired to write anything now :)
TLDR for the lazy ones: Late Feb-April, I'm expecting a massive rally. 100% loaded here personally!
APT Update - Who else was a great painter?After the brutal 3rd Feb drop (explanation in USDT.D chart - link at the end of post), the downward wedge failed but EW count is still valid)
After the brutal 3rd Feb drop (explanation in USDT.D chart - link at the end of post), the downward wedge failed but EW count is still valid
I've explained in detail what I'm expecting in this year. Please refer to the previous posts for in-depth analysis and thoughts. Too tired to write anything now :)
TLDR for the lazy ones: Late Feb-April, I'm expecting a massive rally. 100% loaded here personally!
ETH UpdateAfter the brutal 3rd Feb drop (explanation in USDT.D chart - link at the end of post), the downward wedge failed but EW count is still valid
I've explained in detail what I'm expecting in this year. Please refer to the previous posts for in-depth analysis and thoughts. Too tired to write anything now :)
TLDR for the lazy ones: Late Feb-April, I'm expecting a massive rally. 100% loaded here personally!
Is BTC approaching its upcoming price increases?Hello everyone, let's look at the 1D BTC to USDT chart, in this situation we can see how the price is moving in the local uptrend channel, as you can see we are holding at the lower border of the channel which may indicate that we are close to the return of the price growth.
What's more, on the RSI indicator we can see how we are moving below the lower border which may also indicate the upcoming growth.
Let's start by defining the targets for the near future that the price has to face:
T1 = 98944 USD
T2 = 101432 USD
Т3 = 103769 USD
Т4 = 107237 USD
Now let's move on to the stop-loss in case the market continues to fall:
SL1 = 94233 USD
SL2 = 90048 USD
SL3 = 84997 USD
BTCUSD: 4H Bull Flag targeting 103,000Bitcoin is neutral on its 1D technical outlook (RSI = 44.119, MACD = -816.800, ADX = 35.629) as it may have reached the 4H MA50 today but remains ranged inside a Channel Down since February 4th. According to the 4H RSI, this is technically a Bull Flag pattern like the one on Dec 26th-30th that was also formed during a 4H Death Cross. The Bull Flag bottomed and rebounded to the 1.382 Fibonacci extension. We can be bullish (TP = 103,000) at least on the short term.
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$BTC sideways for now, long-term uptrend intactI’m waiting for CRYPTOCAP:BTC to tap 102k again, or for the yearly open at 93k. Not much happening at the moment, but I see it moving higher.
Most likely, we’ll trade within January’s candle and form an inside bar. The inflection point will be at the extremes of that candle for short-term trades. If it decides to break January’s low, I’d see that as a potential re-entry point.
So, in short:
Continuation above 102k
First possible entry at the yearly open (I think many are watching that area)
Second entry at January’s low (optimal for me)
For now, it’s just consolidation.