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Bitcoin will trap everyone! 78k then 20% crash! (must see)Bitcoin is currently very bullish; that's clearly visible and soon will hit a new all time high. That's exactly the point where a lot of people will start buying with the belief of going to 100k - 130k. But you may know that Bitcoin is under extreme manipulation by BlackRock and other institutions. This is not a stock market, so they will not let Bitcoin go up, and instead they will trigger a massive crash back to 63k. Nobody likes Blackrock, but it's how it is. So what is the plan? First, I expect Bitcoin to go up and reach 78k. Then, when everyone buys, the price will crash to 63k. Do not forget that we also need to see a successful retest of the bullish flag. There is no retest yet. Bitcoin needs to confirm this uptrend, so do not FOMO in. I have been bullish since 60k or so, and I predicted the majority of Bitcoin movements in past months. Why is 63k important? We have a 200 daily moving average and FVG (Fair Value GAP) around this level. Also, the RSI indicator is starting to be overbought; you want to buy low when everyone is bearish. Write a comment with your altcoin, and I will make an analysis for you in response. Also, please hit boost and follow for more ideas. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!
Long
by Xanrox
99
Bitcoin Double-Top: A Repeat Of 2021?Back in 2021, Bitcoin hit a major high in April. 210 days later a slight higher high, and a technical double-top, was hit in November. The first high toward April 2021 was preceded by rising volume. The second high toward November 2021 was preceded by decreasing volume. In 2024, the first high reaching March was preceded by rising volume. The second high toward October 2024 was preceded by decreasing volume. ➢ The November 2021 higher high/double-top ended in a major crash (the decreasing volume was a strong revealing signal). ➢ The October 2024 lower/higher high/double-top has very low volume and also very, very low market participation, only whales are playing right now (no retail). Will the second high of 2024 lead to a major crash? This is a high probability scenario. Bearish at resistance. Bullish at support. Q: What is the difference between December/November 2022 and October/November 2024? A: The price... One was a bottom and the latter is a top. Patience is key. Thanks a lot for your continued support. Namaste.
COINBASE:BTCUSDShort
by AlanSantana
78
GOLD → Background Change. Is it time for a correction?FX:XAUUSD is facing profit-taking and a strong correction after Thursday's news. From ATH, the metal is down 2% for the day. Today is an equally busy news day! The stock and futures market declined quite a bit in yesterday's session. Most likely a reaction to rising inflation..... The data was quite unexpected. The election race is on the agenda. The main question is the pace of easing under this or that president.... At the moment the focus is on the NFP report, which will be released later Friday. It is expected that the economy added 109K new jobs in October and the unemployment rate is expected to remain unchanged at 4.1%. Technically, gold is coming back under the strong 2760 level, this was confirmed by a retest early in the European session. The market may be interested in the imbalance zone and the approximate area of 0.5-0.7 fibo... Resistance levels: 2758, 2771, 2789 Support levels: 2745, 2738, 2728 The fundamental background is changing and it is reflected in gold. The outflow of investments may continue. If the negative background intensifies, gold may fall lower after resistance retest, e.g. to 2724-2713. But, unpredictable data will renew interest in the metal, which may return to the range of 2760 - 2790 Rate, share your opinion and questions, let's discuss what's going on with ★ FX:XAUUSD ;) Regards R. Linda!
FX:XAUUSDShort
by RLinda
7
GOLD ROUTE MAP UPDATEHey Everyone, Another great day on the chart today, buying dips inline with our plans from yesterday and our updates on this chart throughout the week. Yesterday we stated after completing all our targets that we were seeing price back in the range on both 1H and 4H chart and therefore the levels and our cross and lock weighted levels are active once again. We also stated that price was testing the retracement range Goldturn 2737 and we will likely see a reaction here. This played out perfectly with the retracement range providing the support for the bounce into 2760 inline with our plans to buy dips We will now come back Sunday with our updated Multi time-frame analysis, Gold route map and trading plans for the week ahead. Have a smashing weekend!! And once again, thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
7
The One&Only BTCUSD update price fractal V-shape recovery 74 000🔸Hello traders, today let's review 4 hour price chart for BTCUSD . This is no-nonsense update with no MACD, no RSI, no fibonacci, no elliott waves on the price chart. Just pure price action with logical price targets based on recent price history of the BTCUSD. 🔸On the right we got two major recent V-shape recovery price fractals in BTCUSD, the latest was in September 2024, high at 64 300 then low was printed at 54 146 after 17% pullback. Then low to new high at 66 114 completed the V-shape recovery sequence for a 23% gain off the lows. 🔸Other V-shape recovery also started off with the high near 72 994 then 17% pullback and low was printed at 61 919, so this was a 16% pullback off the highs. Then the low to new high at 72 520 completed the V-shape recovery sequence for a 19% gain off the lows. This was in March 2024. 🔸On the left, the current market situation high was set at 72 680 expecting a low at/near 61 969, so this is a 16% pullback off the highs. Then to complete the V-shape recovery price will pump 20/21% off the lows resulting in new high printed at/near 74 600 usd to complete the V-shape recovery sequence. 🔸Recommended strategy bulls: wait for pullback to complete near 62 000 usd and enter BUY/HOLD trade with price target set at/near 74 000 USD. for a total of 20% unleveraged gains with low risk. good luck traders! 🎁Please hit the like button and 🎁Leave a comment to support our team! RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
CRYPTO:BTCUSDLong
by ProjectSyndicate
13
Bitcoin Monthly: Full Chart AnalysisGood evening my fellow trader, I am hoping you are having a wonderful day. We have a tricky situation here with the monthly Bitcoin chart, I shall read it in full for you. The tricky situation is that the chart gives certain messages, it can be translated in different ways but there is always my own bias that I developed through looking not only at Bitcoin but also the Altcoins market. When I am reading and translating the chart this can change the meaning of certain chart signals. The signals are always one and accurate, the data is indisputable but it can be interpreted in many ways. In order to avoid clouding what the chart is saying with my own thinking, I will divide this analysis in two portions. The first one will be an unbiased look at the chart signals based on technical analysis and how it is used in the conventional way, and the second one will be my interpretation of the chart based on experience and taking into consideration marketwide action and sentiment and data that is not available on this chart. Technical analysis can be used to make predictions, just as it can be used to time trades, and these two are quite different approaches. Trading would be very easy because it would be based on resistance and support levels, the predictions part can be complex because the signals are mixed. For example, a double-top or resistance being challenged? A rejection below the last ATH or Bitcoin moving towards a new ATH and higher prices? This is what we are about to get into and I hope you enjoy the content. ➖ Bitcoin Monthly Chart Signals (Technical Analysis) This month BTCUSDT is closing green and it is the first time Bitcoin closes two consecutive months green since it peaked in March. Before this month, we saw an alternating pattern of one month red and another green. This is one of the lowest volume month of the year and this month produced the lowest volume from many months in previous years. This month produced almost the lowest volume ever. Only a few months in several years have less volume than this one. The current monthly session is producing a double-top pattern. The month closed below March's 2024 wick high and session close. In March, the monthly RSI closed at 76. In October, very close to the same price, the RSI closed at 66. (There is an interesting signal with the weekly RSI; in March it closed at 88 when it peaked but currently the RSI reads 59.90; a very strong bearish divergence.) The MACD is pretty standard for a rise with a curve starting to develop and a dropping histogram since March 2024. (The weekly MACD is showing a strong bullish cross.) October produced a neutral candlestick pattern. ➖ Bitcoin: Bullish Or Bearish? (Interpreting The Signals) The double-top pattern is a reversal signal. Ultra-low volume is bearish. It can happen that trading volume is still low because the real action is yet to start. But so far it is a sign of weakness. Bitcoin is moving up and growing but many Altcoins are not doing the same. The bull flag as a continuation pattern is no longer present on the chart, so, what to expect next? Bitcoin's chart is mixed as usual and it is extremely hard to predict the next move. This is normal and we shouldn't expect for it to be easy because many people are looking at Bitcoin and it becomes complex to know what happens next; but the market is one, we have the Altcoins and the smaller Altcoins can easily move ahead, and this is happening now. When Bitcoin stops and consolidates, goes sideways and we enter a doubt zone, we can always look at the Altcoins to know how the next move will develop. In the last three months, when Bitcoin would stop and hit resistance, the Altcoins were growing massively, 200-300%. When the Altcoins are growing, this is a bullish sign for Bitcoin. But if Bitcoin stops growing and enter a doubt zone, will it break down or up? We look at the Altcoins and see them all crashing and we know that Bitcoin is set to move down because the market is one. The same pattern that is happening now already happened in 2021. Most of the Altcoins market peaked in April/May 2021. Bitcoin went on to produce a higher high in November 2021. All the Altcoins produced a lower high and this signaled that Bitcoin was only producing this higher high as part of an irregular correction. And this irregular correction ended as a higher high rather than a lower high because of inflation. Since the money supply expanded considerably during Covid, the money gets devalued and when the expected lower high should happen it ends as a higher high, but if you adjust the chart for inflation or look at it through an oscillator such as the MACD or RSI you can see the truth. Present day, Bitcoin is hitting a new All-Time High basically, and Ethereum and the rest of the giants are trading so low that it is hard to understand. This is happening because only a portion of the players are participating in this wave. For the market to grow and produce a new bullish cycle with a major bull-run at the end, all the players need to be involved, this is not happening now, and this is reflected with most of the market being depressed and staying behind while Bitcoin grows. Conclusion: Bitcoin is like to enter a correction before hitting a new major high. A new major high would be the next Fib. extension level around 102,000. For this level to hit, we are likely to experience a correction first and this correction can be something surprising for most participants. Just as the market grows beyond expectations when bullish, it does the same when bearish. Just as it removes all barriers and shoots extremely high up, when correction times come, it will go deeper enough to liquidate 95% of all longs. Thanks a lot for your support. Namaste.
Short
by AlanSantana
9
SOLANA → Resistance retest. Will there be a reaction?BINANCE:SOLUSDT , after a strong growth, bumps into the conglomerate of resistances formed on D1-W1. It can be assumed that there is not enough potential to break through this area at the moment.... There is a clear resistance of the sideways range with gradually narrowing borders on the chart. This is a consolidation, which is most likely not over yet. The market continues to accumulate potential before further strong movement. The price reacts very aggressively to the resistance of the figure every time: the retest is followed by a strong decline to the lower boundary. The actual retest ends with a false breakout and the formation of a reversal pattern and the trigger of the 173.00 zone. Accordingly, if the SOL continues to decline, which leads to a breakdown of support, the market may enter a sell-off phase. Resistance levels: 183.4, 188.3 Support levels: 173.0, 159.1 I don't exclude that on the background of bitcoin's active growth SOL may make another attempt of a bull run, for example, to 188.4-188.3. But liquidity formed above this zone will not let the price up the first time. At the moment the focus is on 173.0. A breakdown and consolidation below this area will activate a sell-off... Rate, share your opinion and questions, let's discuss what's going on with ★ BINANCE:SOLUSD ;) Regards R. Linda!
Short
by RLinda
9
BTC LONG 2HR TP:73000+ 01-11-2024 I have published a comprehensive analysis on a 2-hour timeframe, setting an ambitious target price of 73,000. This level presents an interesting opportunity for traders looking to capitalize on market movements. It’s crucial to stay vigilant and monitor market fluctuations and potential signals that could influence this trade. Always remember to manage your risk effectively to protect your capital. Wishing you all the best in this trade, and let’s hope to see positive developments in the coming hours! #Trading #Bitcoin
Long
by ReyDragon21
11
Gold- Where to sell for down continuationOver the past 10 days, I’ve consistently noted that OANDA:XAUUSD is primed for a significant drop, especially after its 2,000-pip gain over 20 days. A strong correction is both healthy and expected. Yesterday, after a brief new all-time high, Gold dropped sharply, declining roughly 600 pips from top to bottom. Despite this correction, I believe there’s more downside potential ahead. I’m planning to sell rallies, especially around the broken confluence support zone, where I’m watching for entry signals. My overall target remains a drop below 2700, with 2690 as a strong support level to test.
OANDA:XAUUSDShort
by Mihai_Iacob
5
Euro can fall to support level and then start to move upHello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price fell to the seller zone, which coincided with the resistance level and at once rebounded up. Price in a short time rose to 1.1210 points and then turned around and started to decline inside the downward channel. In the channel, the price soon broke the 1.1085 level and then fell almost the support line of the channel, after which EUR bounced and continued to decline. Later Euro fell to the support level, which coincided with the support line of the downward channel with the buyer zone. After this, the price continued to decline and soon, broke the 1.0810 level and entered to buyer zone, after which turned around, and some time traded between support level. Last time, the price fell to the buyer zone and then rebounded up, thereby breaking the 1.0810 level again, and then exited from the channel too. At the moment, I think that Euro can correct to a support level and then start to grow. For this case, I set my TP at 1.0980 points. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
6
GOLD 4H CHART MARKET UPDATEHey Everyone, Another great day on the chart for us today with price rejection on the final range after hitting all our targets. As shared yesterday we don't like chasing targets all the way to the top on a new range and safer to buy dips and that's what we have been doing, Today once again we were able to use our 1H chart levels to buy 30 to 40 pip dips from our strategic levels even against todays trend. That's the power of our chart setups!! We now have a gap left on the top of the range and seeing price reject into the 4H chart retracement range. We expect a reaction here for a bounce or a cross and lock below this range will see the swing range. We are now also seeing price back in the range on both 1H and 4H chart and therefore the levels and our cross and lock weighted levels are active once again, for us to track and trade the movement. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up. We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. BULLISH TARGET 2760 (EMA5 LOCK ABOVE 2737 WILL FURTHER CONFIRM THIS) - DONE POTENTIALLY 2779 - DONE EMA5 CROSS AND LOCK ABOVE 2779 WILL OPEN THE FOLLOWING BULLISH TARGET 2797 POTENTIALLY 2814 BEARISH TARGETS 2737 - DONE 2715 EMA5 CROSS AND LOCK BELOW 2715 WILL OPEN THE SWING RANGE SWING RANGE 2693 - 2669 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
13
XLMUSD November historically starts the parabolic rally. BUY.Stellar Lumens (XLMUSD) has been trading below its 1W MA50 (blue trend-line) since the week of April 08, consolidating in what is technically a wide Accumulation Phase on every Cycle below a Lower Highs trend-line. Having entered November today though, sparks a wave of optimism in the market as historically on a 4-year frequency, this month is very bullish as the Cycle's Parabolic Rally starts. What basically confirms it is a break above the Lower Highs trend-line and of course the 1W MA200 (orange trend-line), which always have emphatic rejections (July 10 2023, August 17 2020, September 16 2019) during the first stage of the Bull Cycle. As a result, it is a good time to buy now that the price is close to its 2-year lows. Naturally the Target can't be above the All Time High Zone (consisting of the last to Cycle Highs), our take is its bottom at 0.800. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:XLMUSDLong
by TradingShot
3
GBPUSD → The bearish nature of the market is confirmed. News?FX:GBPUSD behavior on H4-H1 confirms the fact of a characteristic bear market. The price is updating the local minimum and testing a strong liquidity zone before strong news NFP, Unemployment Rate, ISM PMI are published today. The range of expected data is quite wide. Analysts are expecting an aggressive decline in NFP to 106K from the previous 254K. Do you feel the manipulation before the Fed rate meeting, as well as before the U.S. presidential election? It is difficult to prematurely assess the fundamental environment due to the challenging economic environment. Theoretically, the dollar may continue to feel the support in the market, while GBPUSD is sliding downwards on the background of the UK policy. Technically, the price is testing a strong support zone and a counter-trend correction is forming after capturing some liquidity. Emphasis on 1.300 - 1.305 Resistance levels: 1.298, 1.300, 1.305, 1.310 Support levels: 1.284, 1.281 The news can have quite a wide impact on the market and it all depends on the actual data. I expect to see a continuation of the fall from 1.298-1.30-1.305 as a priority. But! Unpredictable data can turn the situation around. If the currency breaks 1.305 and consolidates above this area, the trend may stagger... Rate, share your opinion and questions, let's discuss what's going on with ★ FX:GBPUSD ;) Regards R. Linda!
Short
by RLinda
4
Bitcoin can reach resistance line of channel and start to fallHello traders, I want share with you my opinion about Bitcoin. Observing the chart, we can see how the price some days ago entered an upward channel, where at once it made little correction and then rose to a support level, which coincided with the buyer zone. Then BTC broke this level, after which made a correction to the buyer zone, and then BTC made an impulse up to the resistance line of the upward channel. After this movement, the price turned around from this line and then started to decline to the 58900 support level, which coincided with the support line of the channel. Later BTC rebounded and continued to move up inside the upward channel and some time later reached the current support level, which coincided with the support area. Price rebounded from this level and made a correction below, after which made an upward impulse to the resistance line of the channel, thereby breaking the 69500 level. But a not long time ago it started to decline, therefore I think that BTC can grow to the resistance line and then drop below a current support level, breaking it and continuing to decline. For this case, I set my TP at 67000 points. Please share this idea with your friends and click Boost 🚀
Short
by LegionQ8
6
XAU/USD : Bull or Bear ? NFP's coming! (READ THE CAPTION)By analyzing the #Gold chart in the 30-minute timeframe, we can see that, as observed last night, gold dropped sharply from $2782 to $2731, creating a significant liquidity gap. As mentioned yesterday, the first key demand zone was between $2733-$2735, and once the price reached this critical zone, it was met with buying pressure, leading to a rebound of over 250 pips, taking gold up to $2757. Currently, gold is trading around $2752, with the NFP report ahead. If the NFP data comes in lower than the forecast, it could push gold to higher levels. Conversely, if the data is higher than expected, we might see further declines in gold. There’s no certainty here, so I prefer to observe rather than make any trades on gold today. Good luck, friends!
OANDA:XAUUSD
by ArmanShabanTrading
8
BITCOIN Closed 2 straight green 1M candles after 7 months!Bitcoin (BTCUSD) is closing today the monthly (1M) candle and unless it drops by 7000 in a few hours, it will close the month of October in green. That will be the 2nd straight green 1M candle since March! This 7 month consolidation period is no stranger to BTC as such patterns, where there are no straight green 1M candles, are standard Accumulation Phases that we see during Bull Cycles. So far on the current one we've had three (including March 2024) and once the market closed 2 straight green 1M candles, it rallied. The 2019 - 2021 Bull Cycle had three such straight green candle occasions and a very clear Accumulation Phase, while the 2015 - 2018 Cycle had numerous. One thing is clear based on this multi-year chart. When the market closes two straight green 1M candles, it is always a good signal to buy. But what do you think? Do you find this indicator reliable? Are you buying based on this? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSDLong
by TradingShot
7
Potential bullish bounce?Bitcoin (BTC/USD) is falling towards the pivot which has been identified as a pullback support and could bounce to the 1st resistance that is slightly below the 50% Fibonacci retracement. Pivot: 69,503.31 1st Support: 68,287.05 1st Resistance: 71,376.35 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
ICMARKETS:BTCUSDLong
by ICmarkets
2
Helium: How Far Down Can It Go? Maximum Growth In 2025Helium did pretty good in late 2023/early 2024, it was one of the pairs that grew more than 700% in several months and it even produce a mild inverted correction recently, but things are about to change. HNTUSDT (Helium) produced a low in July peaking in early September, the pattern is different to other projects in the sense that it moved ahead of the pack. Right now, after producing a descending triangle, inverted cup and handled or head and shoulders pattern, all these are present on the chart, it is moving right above a critical support. It is the neck line of all these patterns. There was a low in October leading to a small bounce and lower high. The lower high resumed lower and now the pair stands at support. All the classic bearish continuation signals are present. Trading volume has been dropping for ten months and we have a long-term lower high; how far down can it go? The pair looks strong and the first impression that I received by looking at the chart pointed to a test of, June/July 2024, as support, to see if it holds. But giving the chart a second look, the current patterns and action is happening as a lower high when considering the bigger chart structure. HNTUSDT failed to reach its February levels and this is a signal of weakness. Producing a higher low would be a signal of strength. We have two levels mainly, after the first range the second one is the support level that was created during the September/October 2023 consolidation phase, this also includes August and November so this is a major support range. I would like to say that any bearish action will stop at the first support, but knowing our market and how it likes to go beyond, it is possible that Helium will go through a full market flush, that is, testing the lowest level on the chart as support. Maximum growth can be expected in 2025. The last bullish wave produced more than 700% growth and this happened in a recovery year. A full-blown bull-market can produce 10 to 15 times more growth. It will be incredible, but first we have to get through this final drop. Once the bottom is in, I hope to count with your support. Namaste.
Short
by AlanSantana
2
Bitcoin (BTC): Sharp 5% Rejection From Major ResistanceBitcoin has made a nice 5% of marketprice movement after getting rejected from our major resistance zone (near ATH). So far, the price has done a good move and we are looking for further movement to happen to lower zones where the first target is $66K (where the unfilled CME gap is sitting at currently). The new month has started with a sharp sell-off so let's see how far this downward movement will lead us. Swallow Team
Short
by SwallowPremium
4