SHORTS TRAP BTC, WATCH OUTDo not fall for the trap of Market makers, BTC short trap will form in the midst of a double bottom before we head up. NO, we should not fall to 26500, I see some YT people saying that but it's fake news, it will be a MM massive fail if we do and could send people into a very dangerous second sell-off due to lack of trust and they do not want that, but that's so highly unlikely. I call for a wavey start to this week and then a moon shot, The longer we stall for a rally bull run, the higher it will go. and we are at the start of a 4-year bull run. Also, big whales are not selling off, they are moving coins into smaller acct: for tax reasons for the upcoming bull run gains. stay focused and God speed.
Bullrun
BTC is king, not cashI think we are still on target Like I said, Monday it will bounce as we see the W form for the bull run up to $45k+ this summer. I do think by year-end we see 70k-80k mostly due to world markets crashing, housing markets crashing soon, and the economics of the world pushing uncertainty making BTC a safe haven for money as more and more of the world jumps on board with digital currency. I believe BTC will always lead and that ETH will never catch up for this reason. Cash is not king anymore and the US is losing its value, they will also fail to regulate BTC but will use it as an attempt to remain a world leader. Things will still change as the fight for power and manipulation of currency worldwide gets wiped out. I also see Gold not becoming a good thing to hold as you can't get change back for it and it is way too hard to trade open world. Crypto is the only way out and it's putting people in power more and more over the Governments. Rise of Freedom and rebuilding of countries to serve the People instead of controlling the people. A major flip worldwide is happening and BTC will fund it. Poor become rich, Rich becomes poor and people will unite as a world and dethrone the Kings and Queens.
Let the hunger games begin!
Hope you enjoyed reading and keep Frosty. Never invest or trade more than you can afford to lose. always check and double-check the address you send to, and do a $1.00 test to confirm. stay safe and take control of your life. It's your story, not theirs! God Speed.
If BTC passes 200 EMA Retest on 3D, High Chance of Bull RunIf we bounce off the yellow 200 EMA, we will be in accordance with the 2015-2016 bull run fractal. (See panels on right, white arrows.)
Massive cup and handle formation forming from prior ATH.
Fisher transform (bottom panel) also showing similarities to 2015-2016 fractal.
As always, not financial advice.
Matic Accumulation before the push Hello everyone,
I've observed that Matic has been accumulating above a robust Fibonacci level of 0.786 over the past day. This indicates that there may be a good entry point with a tight stop loss just below the recent lows. In this case, the risk-reward ratio looks particularly favorable since if the 1.25 level is broken, the next substantial resistance level is at 1.55.
I wish you all the best of luck and remind you to trade safely.
Confluence points towards a $45,000 BTC
What's the chart showing us - Rounding bottom chart pattern
2 neck lines, a smooth, consistent curve and an increase in volume at the tail end are hallmarks signs of a rounded bottom pattern. we get confluence from the depth of the pattern which will is used to measure the price target after breakout & from .618 which sits at 45000
Prior Examples - Nov 18 - May 19
Bitcoin followed the same pattern in 2019 which finished with a 100% gain from its breakout to the .618 Fib level
expected next - ]
Consolidation for a 2-4 more days at most & then a fierce break-out to the upside. I imagine there will be little or no retest so we can play the situation more aggressively with a tighter SL and increased position. If volume doesn't spike on the break and price moves back below the neckline, the move will become invalidated.
Best way to position -
Trade the break with a SL tight at the bottom of the neck. Set 3 TP's at each of the FIB levels and wait.
Timing - Break should happen in the next week & then continue to play out over the following 50-60 days. I expect another period of consolidation between $34500 - $38500 before finally topping 45000
Cheers
Blockbullder
Bitcoin market cycles leading into 2025Here it is crypto fam. Here we have the market cycles for Bitcoin and in color. We begin with the year of the bull run then we have the bearmarket year then the year that no one likes which is the year of Pain. After pain we have the famous and most anticipated Bitcoin halving year then the most exciting time in crypto is the Bullrun year. We have had three of these cycles already and the fourth is coming upon us soon. Before we have fun though we will be going through the year of Pain this year because even though Bitcoin is climbimg beautifully now we are expecting another test to the bottom which we call Pain. The year of the halving in 2024 will be a great time to buy up your favorite projects and then when 2025 comes we have a beautiful Christmas.
Rose a possible 100x?Opinion:
Benefits of Oasis Network:
Strong focus on privacy and confidentiality through the use of confidential computing and privacy-enhancing technologies
High scalability with support for high-throughput dApps and enterprise solutions without compromising security or privacy
Flexibility and adaptability, accommodating a wide range of use cases
Drawbacks of Oasis Network:
Complexity may require developers to have a deep understanding of blockchain technology and privacy-enhancing technologies to fully leverage its benefits
Limited adoption as a newer platform, with competition from established and newer blockchain platforms
Concerns about centralization in terms of the platform's governance, as the Oasis Foundation oversees the platform's development and decision-making processes.
How to use this chart:
There is mounting evidence we could be entering a new market cycle. At this point in time, I do not find it enough to flip bullish or believe we are in a bull run. If we are in a bull run, all that changes is that we short higher, start using close only orders, and expect deep pullbacks to the 4-hour time frame.
It is with this in mind that I have added the yellow lines. These are close levels, levels at which closing the order instead of shorting it makes the most sense.
Until we have a clear market direction, I will be including these in my ideas.
L = Long
C = Close
S = Short
Notes on how I personally use my charts/NFA:
Each level L1-L3 and TP1-TP3 has a deployment percentage. The idea is to flag these levels so I can buy 11% at L1 , 28% at L2 and if L3 deploy 61% of assigned dry powder. The same in reverse goes for TP. TP1: 61%, TP2:28% and TP3:11%. If chart pivots between TP's, in-between or in Between Sell levels these percentages are still respected. I like to use the trading range to accumulate by using this tactic.
Just my personal way of using this. This is not intended or made to constitute any financial advice.
This is not intended or made to constitute any financial advice.
FED Macro Situation Consideration:
All TP's are drawn within the context of a return to FED neutral policy. I do not expect these levels to be reached before tightening is over.
NOT INVESTMENT ADVICE
I am not a financial advisor.
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THETAUSDT is getting ready to go burstThis 2W chart reveals many interesting things.
Price action has been boring but very telling: the 1$ mark has been rock solid for the past 6 months. If we're indeed at the end of an ABC correction on the 5th Elliot Wave, then 3 important crosses are bound to happen for a new bullrun to start:
RSI cross with its MA
MACD cross with its signal. The last cross on June of 2021 sentenced the beginning of the corrective phase. I assume that the opposite cross must indicate the opposite scenario
Breakthrough of the 1.5$ and resistance. This would be a good entry point, for that would increase significantly the chances of the trendline breakthrough.
The volume is low but in my opinion, that has more to do with the 1$ resilience which I think prevented capitulation and with the fact that price has been steadily dropping since its last ATH. With that being said, I expect a new ATH to be reached in the next bull market within the 1.618 and 2.618 extensions, being 25$ the first target.
Let's wait and see, but it definitely looks promising.
DYOR. Not advice
BTC fractalsHey waaaSUP everyone,
I thought i would share this idea with you all. On the left side back in the days of BTC price been cheap as chips, you can see ive drawn 2 boxes blue and violet. Then looking into the future on the right side you can see the fractal bars corresponding to the colour box on the left.
I am particulary interested in the fractal all the way back from jan 2017. I only say that becaaue the other fractal suggests we break down and double bottom, which many are calling, but the fact is, if it did that it would break the market structure (bottom blue dotted trendline)...... and BTC has never done that. We hit this line back in NOV/Dec 2022 ;)
And also things are different now, we have the WEF medling with things, we have the FEDs medling with things, we have inflation, and the new CBDC ???
BUT the main thing to keep an eye on is BRICS (Brazil,Russia,India,China,South Africa) we could be seeing the end of the petro dollar and the collapse of the dollar. This is defenetly plausable and that is why I suggest the probability is more in favor of the blue fractal.
Gold is coming back and the USA dont have much of it and the printing paper is running out.
I know its wack, that would mean BTC could reach ATH of $250,000 by November 2023. And maybe a precident for a new local bottom of $60K. Ooooohh
Remember its all about probability, and anything can happen.
peace and love
Wow that would be madness,
Why Investors Should Pay Close Attention to ETH's Price ChartDear my friends,
While Bitcoin (BTC) remains the most well-known cryptocurrency, all eyes are now turning to the upcoming "Altcoin season," with Ethereum (ETH) poised to break out.
To support this claim, let's take a closer look at the price chart of ETH. Firstly, we can see that the price has broken out of a multi-month downtrend line, which is a significant technical event that suggests the end of the bearish trend.
Furthermore, the Relative Strength Index (RSI) has confirmed this breakout, indicating a strong bullish momentum. Most importantly, the 100-day Exponential Moving Average (EMA) is about to cross the 200-day EMA, which is a widely recognized bullish signal.
This crossover event is particularly notable as it could indicate a longer-term uptrend for ETH. The EMA is a widely used technical indicator that smooths out price fluctuations to identify the overall trend direction. The 100-day EMA crossing above the 200-day EMA suggests that the short-term trend is gaining momentum and could continue to rise.
In summary, these technical indicators suggest that Ethereum's price is likely to continue its upward trajectory and signal the beginning of the Altcoin season. Investors may want to pay close attention to the potential developments of ETH in the near future.
Thanks!
BTC did it 2 times in its whole history! at least 58K in 2023? Hi dear community and my loyal followers. As you remember I posted earlier if BTC monthly candle closes above 5D GC/ 25.8K/ better above middle line of weekly GC /27.6K/ #BTC downside action will be limited and it will hit min 58K in 2023)) based on 5D GC and 52K based on weekly GC. BTC managed to close monthly candle above 28476 USD which is above 5D GC upper band and middle line of weekly GC. BTC also succeeds holding 200 weekly MA and it is consolidating below 28.5-29.3K main resistance. As soon as it is broken 34-35K will be on the table. I expect BTC to consolidate between 25.2-29.2K for 3-4 weeks and give room for alts to explode. I expect mini alt season in April as soon as Total 2 main resistance is broken/look below/. BTW based on current projection, the most bullish cross in BTC history will occur on May 1 2023. It happened 2 times in its whole history/no false signals/ and it marked officially bull market start. Check that Monthly 8 & 21 EMA bullish cross chart below.
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Amazon -> Bullish Trend ReversalHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Amazon stock just recently retested and already rejected a quite strong previous weekly support zone at the $85 area which was turned strong support once again.
You can also see that from a weekly perspective we do have the possibility to created a double bottom and start a new bullrun from here so I am now just waiting for a break above the neckline at $105, followed by a retest and then more continuation towards the upside.
On the daily timeframe you can see that Amazon stock is already creating bullish market structure, however I am still waiting for a break above the $105 resistance and a retest before I definitely do expect more continaution towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
Is the Bitcoin Bull-Run start?? monthly chart structure!!Technical analysis: #BITCOIN (Monthly update)
* BTCUSD is taking support from Raising wedge Pattern Trend line in Monthly time frame and
break out the falling wadge pattern.
*Bitcoin Bulls are Regain the 50-MA is Good sign but need to Reclaim the 29k Horizontal Resistance as support as well as 21-MA for further Upside movement ..
*The price is trading ABOVE both 50- MA as well as trend line is LOOK Bullish but need to trading above 21-MA as welfor confirmation for bull run //
* RSI is Trying to break the Down Trend line , if price could break it then it will take momentum from here..
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Investors bet big for XRP to win over SEC.. why XRP will win?Investors bet millions and billions for XRP to win the case against SEC.
XRP broke through the resistance but now bullish pennant , bull flag.. does this mean XRP bull run had started?! Yes it had started and Alt season is almost here.
XRP will win against SEC because SEC won’t find any further evidence; XRP will take advantage and take place over SEC to win the case.
XRP is now over 0.50 in this scenario XRP will keep going up and retrace drop until hits 1$.. will trace down back to 0.80 or 0.70 area and skyrocket more to challenge to full potential. If you miss the sniper buy it’s okay, but where it’s at now go all in and hold it in. You do you, do your thing. Let’s have this extraordinary roller coaster ride.
Trade safe y’all
One more thing if XRP keep this up and won the Case then XRP saved Altcoins and Alt season will start ahead of time