Bitcoin may see $67k - Monthly timeframeHere is the monthly chart of the bitcoin. Based on price action analysis, we have a broad bull channel. We can see 2 price action signs here:
1- Second leg in the bull channel, we call it second leg trap
2- A climactic move to the top of the channel (biggest bull bar late in the trend)
Given the context, there is 60% chance that we see the bottom of the climactic move, which is $67,000.
The pessimistic perspective is that the bitcoin may see and test the bottom of the channel, around $50k.
Channeltrend
Bitcoin - This Is Just Wonderful!Bitcoin ( CRYPTO:BTCUSD ) creates textbook market stucture:
Click chart above to see the detailed analysis👆🏻
The entire stock market is selling off significantly but Bitcoin and most cryptocurrencies are still holding their strong levels. This is clearly a sign of bullish strength and even if we see a retest of the previous all time high, the overall uptrend remains perfectly valid over the next months.
Levels to watch: $70.000
Keep your long term vision,
Philip (BasicTrading)
Google - Fantastic Bullish Break And Retest!Google ( NASDAQ:GOOGL ) just looks amazing:
Click chart above to see the detailed analysis👆🏻
For more than a decade, Google has been trading in a rising channel formation, perfectly respecting all market structure. Now, Google is about to retest the previous all time high once again and with a sharp correction of about -25%, this offers a significant bullish reversal setup.
Levels to watch: $150
Keep your long term vision,
Philip (BasicTrading)
Dow Jones - Value Is The King Of 2025!Dow Jones ( TVC:DJI ) withstands all bearish struggles:
Click chart above to see the detailed analysis👆🏻
All major U.S. indices have been weakening lately but the Dow Jones is clearly the strongest of all. It seems like big institutions are shifting back to value stocks and therefore the Dow Jones remains very strong. Looking at technicals, this trend is rather likely to continue during 2025.
Levels to watch: $40.000, $50.000
Keep your long term vision,
Philip (BasicTrading)
Amd - The One And Only Setup For 2025!Amd ( NASDAQ:AMD ) shifts to a very bullish market:
Click chart above to see the detailed analysis👆🏻
Perfectly following previous cycles, Amd corrected about -60% over the past couple of months. However now we are seeing some first bullish signs at a major confluence of support. If we actually also witness bullish confirmation, an incredible rally of about +200% could follow.
Levels to watch: $100, $300
Keep your long term vision,
Philip (BasicTrading)
BITCOIN | 1 DAY | '' Bitcoin will fall to $72,000 ''Hey everyone 💙
In the long run, I expect BINANCE:BTCUSD to drop to around $72,000. But don’t worry—this could actually be a sign of a massive rally ahead. If you're holding spot positions, there's no need to panic!
Big moves up often come after strong corrections. In my opinion, this dip is just a profit-taking phase, and the whales are setting the stage to push Bitcoin above $100K in the long term.
If you enjoy these insights, don’t forget to hit that like button🚀
Microsoft - A Little Lower And Much Higher!Microsoft ( NASDAQ:MSFT ) is about to retest strong support:
Click chart above to see the detailed analysis👆🏻
In mid 2024 Microsoft perfectly retested the previous channel resistance trendline and the recent weakness has not been unexpected at all. However the overall trend still remains rather bullish and if Microsoft retests the previous all time high, a significant move will most likely follow.
Levels to watch: $350
Keep your long term vision!
Philip (BasicTrading)
Bitcoin - Please Just Listen To The Charts!Bitcoin ( CRYPTO:BTCUSD ) remains in a bullish market:
Click chart above to see the detailed analysis👆🏻
Despite literally everybody freaking out about cryptos lately, big brother Bitcoin is still creating bullish market structure. During every past cycle we witnessed a correction of at least -20% before we then saw a parabolic rally. So far, Bitcoin is just doing its normal "volatility thing".
Levels to watch: 70.000, $300.000
Keep your long term vision,
Philip (BasicTrading)
LINK/USDT - Bullish Channel Breakout and FVG Re-TestThe LINK/USDT chart showcases a clear uptrend within a bullish channel. Currently, there’s a potential retracement towards the Fair Value Gap (FVG) around the $14.50 zone, offering a possible entry opportunity. If this zone holds, a new bullish impulse could push the price toward the channel's upper boundary around $16.50. Watch for price reactions in the FVG zone to confirm the continuation of the uptrend.
S&P500 - Donald Trump Is Crashing Markets!S&P500 ( TVC:SPX ) is starting a correction:
Click chart above to see the detailed analysis👆🏻
Since Donald Trump was elected the markets have been super volatile and clearly not too easy to trade. But now it seems like bears are slowly taking over the entire U.S. stock market after we just saw a drop of -10% within a couple of days and a correction becomes more and more likely.
Levels to watch: $6.100, $4.800
Keep your long term vision,
Philip (BasicTrading)
Micron Technology - Fully Resisting The Stock Market Crash!Micron Technology ( NASDAQ:MU ) is one of the few bullish stocks:
Click chart above to see the detailed analysis👆🏻
Despite the stock market kind of "crashing" lately, Micron Technology is one of the few stocks which remains in a rather bullish environment. Following the uptrend, the bullish break and retest and the beautiful cycles on Micron Technology, this strength will soon become reality.
Levels to watch: $90, $180
Keep your long term vision,
Philip (BasicTrading)
Nvidia - That's Officially The Brutal End!Nvidia ( NASDAQ:NVDA ) is breaking all structure:
Click chart above to see the detailed analysis👆🏻
Following previous cycles, Nvidia has been rallying for more than 2 years, creating an overall pump of approximately +1.000%. But now, everything is literally pointing to a significant towards the downside and with a potential drop of -30%, bears are totally taking over Nvidia now.
Levels to watch: $70
Keep your long term vision,
Philip (BasicTrading)
Bitcoin (BTC/USD) Potential Breakout from the Downtrend Channel!Bitcoin is currently trading inside a descending channel, with price consolidating in a small range. A breakout from this zone could trigger a strong bullish move toward the upper boundary of the channel.
🔹 Key Observations:
BTC is trading within a well-defined downward channel.
Current Consolidation: A small range has formed, suggesting a potential buildup before a breakout.
Target Projection: If price breaks out, we could see a move toward the 90,790 level, aligning with the upper trendline.
📈 Bullish Scenario:
A breakout above the consolidation area may lead to a push toward 90,790.
Confirmation of strength will be needed above resistance levels.
🔻 Bearish Risk:
If rejection happens at resistance, BTC may continue downward within the channel.
💡 Key Levels to Watch:
Resistance Target: 90,790
Current Support: 82,500
Will BTC break out of the downtrend, or will the channel continue to hold? Let’s discuss below! 📊🔥
Bitcoin - Just Objectively Look At The Chart.Bitcoin ( CRYPTO:BTCUSD ) remains very bullish lately:
Click chart above to see the detailed analysis👆🏻
Many traders are actually calling the top on Bitcoin but if we objectively look at the chart, situation is entirely different. First, Bitcoin just broke above the previous cycle high with a massive candle and second, we still have a valid rising channel acting as a major support.
Levels to watch: $70.000, $300.000
Keep your long term vision,
Philip (BasicTrading)
S&P500 - The 2025 Bullrun Just Started!S&P500 ( TVC:SPX ) will rally massively during 2025:
Click chart above to see the detailed analysis👆🏻
Over the past couple of years, the S&P500 has perfectly been respecting the trendlines of a rising channel formation. After the recent rally of +70%, it is quite likely that - following the 2020 cycle - we will see another final rally of about +20% before the S&P500 will correct itself.
Levels to watch: $7.000
Keep your long term vision,
Philip (BasicTrading)
GBP/USD - Fair Value Gap (FVG) Short SetupOverview:
A bearish reversal setup based on Fair Value Gaps (FVGs), a concept used in Smart Money trading strategies.
Key Technical Insights:
🔹 Fair Value Gap (FVG) Zones:
The price is approaching an FVG entry zone around 1.2700, which may act as resistance.
A second FVG zone is located around 1.2850 - 1.2900, offering a secondary entry for shorts.
🔹 Bearish Trade Setup:
The plan anticipates a reaction at the first FVG zone, leading to a downside move.
If price continues higher, the second FVG zone provides another opportunity to enter shorts.
🔹 Stop Loss & Target:
Stop Loss: Placed above 1.2928 to protect against invalidation.
Target: 1.2350 - 1.2400, aligning with previous demand zones and imbalance filling.
Trade Plan:
📌 Entry Strategy:
Watch for bearish confirmation (e.g., rejection candles, lower time frame structure shift) at the FVG entry zone.
If price moves beyond the first FVG, consider a second entry at 1.2850 - 1.2900.
📌 Exit Strategy:
Take Profit: At the 1.2350 - 1.2400 target zone for a favorable risk-to-reward trade.
Stop Loss: Above 1.2928 to mitigate risk.
Final Thoughts:
✅ Bearish bias unless price breaks above 1.2928.
✅ Look for rejection at FVG zones for ideal entries.
✅ Potential downside move towards 1.2350 target.
📉 Patience is key—wait for confirmation before entering! 🚀
Gold (XAU/USD) Trade Setup – Bullish BiasChart Overview:
This 15-minute XAU/USD chart from OANDA shows a potential bullish setup with clearly defined support, resistance, and trade levels. The price is currently in an upward trend, with a possible pullback before further continuation.
Key Trading Zones:
🔹 Strong Support Level: Around 2,921 - 2,930 USD, where buyers previously stepped in.
🔹 Resistance Area: 2,946 - 2,950 USD, acting as a breakout level.
Trade Plan:
📌 Entry Strategy:
A potential pullback toward the 2,935 - 2,940 USD zone could provide a good buying opportunity.
If price respects the support, it could trigger a bullish push.
📌 Take Profit Targets:
1st TP: Near 2,950 USD, a short-term resistance level.
2nd TP: 2,971 USD, marking a higher target for extended bullish movement.
📌 Stop Loss:
Positioned near 2,915 USD, below the strong support zone, to limit downside risk.
Market Structure Analysis:
✅ Volume Analysis: Increasing volume at key levels suggests strong buying interest.
✅ Trend Direction: The market is attempting a higher low formation, indicating a potential bullish continuation.
✅ Risk-to-Reward Ratio: The setup shows a favorable risk-reward ratio for buyers.
Final Thoughts:
Watch for a pullback before entering long positions.
A break above the resistance zone could push the price toward the second TP.
Manage risk properly with a well-placed stop loss.
📈 Trade wisely and monitor price action for confirmation! 🚀
Gold Price Analysis (1H Timeframe)Gold (XAU/USD) is currently trading inside an ascending channel, showing a bullish trend. However, a key trigger line at $2,936 will determine the next move.
🔹 Bullish Scenario:
If price stays above $2,936, we can expect a push toward $3,028 and potentially $3,085.
A breakout above $3,085 would confirm strong bullish momentum, targeting new highs.
🔻 Bearish Scenario:
A break below $2,936 could signal weakness, leading to a drop to $2,880.
If selling pressure continues, the next major support is at $2,803.
📌 Trading Plan:
🔸 Long Entry: If price holds above $2,936, with a target of $3,028 - $3,085.
🔸 Short Entry: If price breaks below $2,936, targeting $2,880 - $2,803.
🔸 Risk Management: Use stop-losses near key levels to minimize risk.
📊 Watch Volume & Price Action!
A breakout with strong volume confirms the trend direction.
Low volume means potential fakeouts—wait for confirmation before entering trades.
📢 What do you think? Share your views in the comments! 🚀