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Bitcoin is at the end of a two-year uptrend1- Bitcoin is at the end of a two-year uptrend and the $110,000 range is the end of this trend. 2- The impact of Trump’s election on Bitcoin’s growth will be before he enters the White House. After that, Bitcoin will fall down to $26,000 for at least about 1.5 years. (Contrary to popular belief) 3- From mid-2026, Bitcoin will reach about $200,000 within 2 years. Current Bitcoin price is about $98800 @JalilRafieefard November 22, 2024
BITSTAMP:BTCUSDShort
by JalilRafieefard
121
Litecoin (LTC) – Could $650 Be Within Reach?Litecoin (LTC), currently priced at around $90, is starting to look very promising to both retail and institutional investors. Many are looking at a 1.618 Fibonacci extension target of $650, which represents a potential upside of over 600% from its current price. This could make Litecoin a highly profitable asset for those considering an investment. Litecoin’s historical performance adds weight to this optimism. It achieved its all-time high of $413 during the 2021 bull run—a clear demonstration of its ability to surge when market conditions are favorable. With Litecoin now at $90, the price target of $650 is seen as both ambitious and attainable if the market continues to move in a bullish direction. Several factors point to the potential for Litecoin to reach $650: 1. Fibonacci Extension at 1.618: The 1.618 Fibonacci extension is a critical technical level that traders closely watch during uptrends. Litecoin’s current price action is aligning with this target, suggesting that $650 could be a key level if the market continues to show strength. 2. Institutional Interest and Adoption: As cryptocurrency adoption continues to grow, Litecoin’s appeal to institutional investors is also rising. Litecoin offers faster transactions and lower fees compared to Bitcoin, making it an attractive alternative for both retail users and institutions looking to diversify their portfolios. 3. Network Upgrades: Litecoin is also actively improving its network. The integration of MimbleWimble, a privacy-focused protocol, and the Lightning Network, which enables faster and cheaper transactions, is enhancing Litecoin’s functionality and scalability. These upgrades are expected to increase Litecoin’s usability and could drive further demand. 4. Strong Market Position: Litecoin is consistently ranked among the top 20 cryptocurrencies, with a solid market cap and strong trading volume. This stability provides a strong foundation for future price growth, especially if more investors look for reliable, established cryptocurrencies. While reaching $650 would represent a substantial rise from its current price, Litecoin’s fundamentals, technical indicators, and growing institutional interest all point to a bullish outlook for the coin in the near future. However, it’s important to remember that cryptocurrencies are highly volatile and subject to rapid price fluctuations. As with any investment, you should always do your own research, evaluate your risk tolerance, and consult with a financial advisor before making any decisions.
BITSTAMP:LTCUSDLong
by Kenayi
TradeCityPro | XAIUSDT - Buying Opportunity for a New Coin👋 Welcome to the TradeCityPro channel! Let's dive into XAI and analyze its technical structure, entry points, and potential scenarios. 🌍 Bitcoin’s Impact on Altcoins Bitcoin has set another new high since yesterday, attracting global attention. Its dominance in the global financial system now surpasses major banks like JPMorgan Chase, Bank of America, and ICBC China. However, Bitcoin's dominance has started to decline on lower timeframes, creating opportunities for altcoins to rise, as mentioned in our previous analysis. 🕒 Weekly Timeframe Analysis XAI has retraced nearly 90% from its ATH, typical for newly listed coins. These large corrections often result in the formation of accumulation boxes, where the price consolidates for an extended period. With the current weekly candle nearing a breakout from the accumulation zone, there’s potential for an uptrend to begin. If this breakout fails, a stop-loss near 0.1680 can minimize losses. Buy if the weekly candle closes above the current range , Set a stop-loss at 0.1680 for better risk management , Utilize XAI in DeFi platforms after a breakout for additional yield opportunities. 📆 Daily Timeframe Analysis XAI remains range-bound between 0.1699 and 0.2583, showing clear signs of accumulation. Higher lows indicate buying strength and the absence of strong sellers. Each test of resistance (0.2583) is accompanied by increased volume, signaling interest from buyers. After breaking 0.2583, consider a spot buy with a stop-loss at 0.2142 for a riskier but calculated entry. ⏱ 4-Hour Timeframe Analysis sharp upward move has brought the price close to 0.2497, where immediate resistance lies. 📈 Long Position: Buy after a confirmed breakout above 0.2497. Watch for RSI to enter the overbought zone, as this often precedes sharp upward moves. 📉 Short Position: Avoid shorting. Instead, wait for corrections and look for long opportunities at lower entry points near 0.2102. 🔄 XAI/Bitcoin Pair Analysis The XAI/BTC pair shows a downtrend but with significant weakening momentum in recent times. On lower timeframes, the pair may begin a new uptrend, which could result in faster and sharper moves in the XAI/USDT chart. Break and confirm above 0.00000299 on the XAI/BTC chart to signal a stronger bullish move. 📝 Final Thoughts XAI is showing promising signs of an impending breakout on multiple timeframes. Monitor key levels closely and manage risk with appropriate stop-loss settings. This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Long
by tradecitypro
10
Harmony (ONE)Harmony is a blockchain platform designed to facilitate the creation and use of decentralized applications. Harmony achieves scalability and increases the speed of transactions and block generation through the use of random state sharding. Random state sharding allows the network to split the database into smaller partitions called shards to reduce latency. Anyway, It is clear that after ONE's harmonic pattern ended, an upward move started but lacked momentum. So, ONE went further down to accumulate momentum, and after did so, a strong upward wave started, and now it seems breaking the minor downtrend line too. Looking at the chart, it can be seen that ONE has a lot of room to rise. Let's see what happens.
Long
by SaeedSalehinia
Strk/UsdtBINANCE:STRKUSDT ### IDX:STRK Weekly View: 🔮 **Potential for 70% Upward Correction**: It looks like there's a possibility for a **70% upward correction** in IDX:STRK , based on market analysis. 🚀 This could mean the price is positioned to make a significant bounce if it finds support at current levels. However, it’s important to understand why it's been **dropping** before making any conclusions. ### Why Is IDX:STRK Dropping? Here are a few potential reasons why IDX:STRK (Strike Protocol) has been under pressure: 1. **Market Sentiment**: The cryptocurrency market is known for its volatility, and IDX:STRK might be affected by broader market trends like **bearish sentiment**, uncertainty, or a **downtrend in the overall market**. Cryptos are prone to large fluctuations, and many tokens can drop due to general market corrections. 📉🪙 2. **Ecosystem/Project Challenges**: The performance of any crypto project relies heavily on its ecosystem. If **Strike Protocol** has had difficulty growing or facing challenges like a lack of adoption, technical issues, or poor user engagement, it could lead to **price declines**. This can happen when investors lose confidence in the project’s future prospects. 🚧🛠 3. **Competition**: If other projects are offering better solutions or more compelling incentives, IDX:STRK might be losing out to competitors in its niche. A strong **competitive market** can result in reduced interest and lower prices for the token. 🏁🏆 4. **Liquidity Issues**: A lack of **liquidity** or trading volume can cause volatility, where prices drop due to fewer buyers and sellers in the market. Low liquidity can make the price more susceptible to rapid declines and also hinder upward movement. 💧⚖️ 5. **Regulatory or Legal Concerns**: Any **regulatory action** or legal challenges facing Strike Protocol could impact investor confidence, leading to a drop in price. Regulations around DeFi or crypto in general are still evolving and could affect the token's performance. 📜⚖️ ### Conclusion: While IDX:STRK may be set for an upward correction of 70% 🚀, its recent drop could be attributed to a combination of **market conditions**, potential **ecosystem issues**, or external **factors like competition or regulation**. Always remember to assess the full picture, including the project’s fundamentals, market sentiment, and long-term prospects before making investment decisions! 📊🔍 Disclaimer : Not Financial Advice
Long
by Wolftrader1337
SasanSeifi|Breaking $2.50, A Bullish Signal for LongTerm Growth! Hey there,On the 3-day timeframe, the price has been consolidating near its bottom range. If the price can break above $2.50 and hold this level, there’s potential for growth towards $4.00 and $4.50 in the medium term. Long-Term Outlook: After a pullback, the price may resume its uptrend, targeting $5.50, $6.50, and potentially $8.00 in the long term. The key support level for this analysis is $1.50. 💡 Keep in mind, this is just my personal perspective and shouldn't be considered as financial advice. I’d love to hear your thoughts and engage in a discussion! Happy trading!✌😎 Feel free to reach out if you have any questions or need more clarification. I'm always here to assist!✌ If you want any further adjustments, just let me know!
Long
by SasanSeifi
FETUSD Buy it while it is still cheap.Artificial Superintelligence Alliance (FETUSD), commonly known as Fetch.ai, has been trading within a 4.5-year Channel Up since the March 2020 market bottom and following the 2022 Inflation Crisis that bottomed on the week of November 21 2022, it has entered a new Channel Up. That is technically the new Bullish Leg of the 4.5 year Channel Up, which is the new Bull Cycle. Naturally, it shares many common characteristics with the previous Bullish Leg/ Cycle. The symmetry between its Legs (blue Arcs) is strong and so is their tendency to reach the 0.5 Fibonacci retracement level upon pull-backs and then rebound. It appears that right now we are at the final stage of the Channel Up, where after finding Support on the 0.5 Fib and more importantly holding the 1W MA100 (green trend-line) on the August 05 Low, it is aiming for the last rebound. Based on the % rise of the previous Bullish Legs, this should be on a +1050% minimum, so our Target is $8.000. It is interesting also to notice the MACD squeeze, after the last 2 Bullish Crosses, which is a clear bottom sign. ------------------------------------------------------------------------------- ** 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:FETUSDLong
by TradingShot
3
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.
BITSTAMP:BTCUSD
by Auguraltrader
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....
BITSTAMP:BTCUSDLong
by Brodie
Lumia / Usdt BINANCE:LUMIAUSDT The Lumia Price is currently sitting at $1.242 📉, which indicates a slight downward movement. The first key support area to watch is around $1.98 🔻. This level is crucial because if the price fails to reach or hold this area, the market could experience further downward pressure. If the price doesn't manage to hold at $1.98, the next support zone to look out for is much lower at $0.912 🔽. This level would indicate a significant drop, and traders should keep a close eye on price action near this point for possible signs of stabilization or further decline. On the flip side, if the price breaks through and successfully holds below the $0.912 level, it could indicate a bearish trend, and the next resistance level could come into play around $1.500 🚀. This resistance level is important to monitor as a potential barrier that may halt any upward movement. If the price manages to push through this resistance, it could signal a potential reversal or upward momentum. However, keep in mind that this analysis is for informational purposes only and is not financial advice. Always do your own research and consult with a financial professional before making any investment decisions. 🙅‍♂️📊
Long
by Wolftrader1337
BTC/USD : On the Verge of $100,000! (READ THE CAPTION)Analyzing the #Bitcoin chart on the weekly timeframe, we can see that since our last analysis, Bitcoin has performed exactly as expected. With its powerful rally, Bitcoin successfully hit all three targets of $77,000, $81,700, and $93,800. Earlier today, Bitcoin surged further to $98,400, setting a new all-time high. With the strong momentum it has gained, I believe we will soon witness the mother of all cryptocurrencies reaching the highly anticipated $100,000 mark! I hope you’ve made the most out of this analysis. This chart will be updated step by step as the price action unfolds! THE MAIN ANALYSIS : Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
Long
by ArmanShabanTrading
8
ALTCOINS The alt season has officially begun.This is a clear technical representation of the altcoin market (total capitalization excluding top 10 coins) on the 1W timeframe that shows that we are on the 3rd week of the new alt season, which is the strongest rally of the Cycle. You can see all 3 Cycles so far and the common characteristics they share. It all starts when the previous Bull Cycle peaks and the Bear Cycle starts, which is confirmed after the price crosses under the 1W MA100. Then a prolonged accumulation phase starts and when the 1W RSI bottoms it starts forming HL. A price crossing over the 1W MA100 again, coincides with an overbought 1W RSI, which confirms the start of the new Bull Cycle. After a Bitcoin's Halving, the alts market forms a Bull Flag and when the 1W RSI hits the HL and rebounds, the alt season starts. The chart shows that we are on this stage at the moment. This is practically one of the very last opportunities you have to buy. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTOCAP:OTHERSLong
by InvestingScope
3
Btc / Usdt COINBASE:BTCUSD 🚨 **LIQUIDATION ALERT** 🚨 A **massive short squeeze** is on the horizon! 😱 Over **$1,060,000,000 worth of shorts** are at risk of getting **liquidated** if Bitcoin hits the **$100,000** mark! 🚀 🔑 **What does this mean?** - **Short squeezes** happen when the price of an asset rises rapidly, forcing traders who have bet against it (short positions) to cover their positions by buying back, causing even more upward price pressure. - If Bitcoin approaches $100,000, the **liquidation of shorts** could propel the price even higher, creating a potential **buying frenzy**. - The **volatility** is real, and we may see explosive movements in Bitcoin’s price! 🔥 **Get ready** for possible rapid price action, as the squeeze could push Bitcoin to new heights. Stay alert and watch for those liquidation triggers! Disclaimer:It's Not Financial Advice
COINBASE:BTCUSDShort
by Wolftrader1337
Btc.dCRYPTOCAP:BTC.D 🚨 Bitcoin Dominance Starts Dropping – Money Will Flow Into Altcoins 🚨 As Bitcoin dominance begins to decrease, it's a clear signal that the market is shifting. Historically, when Bitcoin’s market share declines, capital starts flowing into altcoins—offering traders and investors exciting opportunities for growth. 🔑 What does this mean? Increased Altcoin Activity: Altcoins (such as Ethereum, Solana, and others) may experience significant price movement as investor attention shifts. Possible Altcoin Season: With altcoins catching the spotlight, they could outperform Bitcoin in terms of percentage gains. Diversification Opportunities: If you’re holding only Bitcoin, it might be time to consider diversifying into altcoins. 💡 Stay ahead of the market and watch for altcoin trends as they could offer substantial returns during this period. Be ready to take advantage of the opportunities that arise as money moves out of Bitcoin and into other projects! Disclaimer : It's not Financial Advice
CRYPTOCAP:BTC.DShort
by Wolftrader1337
TradeCityPro | analyzing SUI as Bitcoin Dominance Declines👋 Welcome to the TradeCityPro Channel! Today, I’m analyzing the popular SUI coin for you. SUI, a prominent Layer-1 blockchain in the market, has gained significant attention from investors in recent months. With an influx of capital into its network, the SUI coin’s price has experienced notable growth. 👑 Currently, Bitcoin continues its upward trend, marking a new all-time high (ATH) at $98,380. However, Bitcoin dominance has started to decline after a fake breakout of 61.32, leading to corrections. As a result, while Bitcoin consolidates, altcoins have begun to move. ⚡️ For instance, Ethereum has climbed 9%. If Bitcoin dominance continues its downward trend, we may expect a short-term altcoin season. Should the decline persist, Bitcoin dominance could retest its ascending trendline. 🔽 Key downward targets are 59.56 and 58.64. If dominance reaches these levels while Bitcoin prices rise, we could witness significant rallies in altcoins. 📅 Weekly Timeframe: Pullback to $1.786 and Movement Toward New Targets In the weekly timeframe, you can observe that buying volume entered SUI around July, when it hit a low at $0.5694. This buying pressure has driven the price upward, helping SUI achieve a new ATH. 🚀 Currently, after breaking the previous ATH at $1.786 and pulling back to this level (which aligns with the monthly R1 pivot), the price surged to R3, setting a new high at $3.70. If this bullish momentum persists, the next pivot-based target will be $4.75. ✅ Moreover, SUI features a parabolic trendline that has reacted twice so far. While this diminishes its reliability, a third interaction would validate its importance. 🌱 The RSI oscillator, after two consecutive candles closed in the overbought zone, has started correcting and is now testing the 70 level. As long as the RSI remains above 70, further upward movement is expected. 📅 Daily Timeframe: Beginning of a Correction? In the daily timeframe, SUI has had two bullish legs so far: the first from $1.00 to $2.1368, and the second from $2.1368 to $3.8111. At the peak of each leg, RSI reached 84, followed by corrections. The first correction was time-based, and the second is likely to follow a similar pattern. 📊 Currently, with RSI dropping below 70, a correction may have begun. However, if RSI re-enters the overbought zone, another bullish leg could occur. Using the yearly pivot and Fibonacci levels, targets for the next leg are $4.74, $6.40, and $9.17. 📈 If you purchased SUI after breaking resistances at $1.00 or $2.1368, I recommend securing your initial investment if your profit exceeds 100%, while holding onto the gains. Otherwise, wait for a trend reversal before taking further action. 🧩 As the market enters a corrective phase, buying volume is naturally declining, which actually supports the continuation of the bullish trend. If the price corrects further and RSI drops, the 50 level on the RSI will be crucial. 📅 4-Hour Timeframe: Futures Triggers In the 4-hour timeframe, I’ll outline the key futures triggers based on my analysis. 🔍 After reaching the $3.8814 zone, as noted in the daily analysis, the price entered a correction phase, dropping to $3.4295. If you’re holding a long position from the breakout at $2.3649, I suggest taking profits if the price stabilizes below $3.4295. The next support zone lies between $2.80 and $3.00, which aligns with the Fibonacci golden zone and is likely to halt further declines. 🔴 If the correction continues, the next critical level is the trendline visible in the daily timeframe. 📈 Should buying volume return and RSI holds above 40.91, the breakout of $3.8814 becomes a reliable trigger for futures trading, with the first target at $4.7422. 💎 SUI/BTC Pair Analysis The SUI/BTC chart mirrors the USDT pair, showing an upward trend but struggling with significant resistance. Today’s green daily candle highlights Bitcoin dominance’s impact on altcoins. Currently, the pair is testing resistance at 0.00003820, with another resistance zone at 0.00004202 nearby. If both levels are broken, the price could climb to 0.00005130. 📝 Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Long
by tradecitypro
22
Altcoins are about to run hard!Good day Traders-investors, Today im looking at the others chart. This only altcoins lower than top ten and it excludes stable coins. I have provided three different time lines, The one week (Top left) the one month (top right) and the 2 week on the bottom. All of them are looking very bullish and are building to fairly substantial move over the next two months. This also coincides with the timeline of the cycle (not included here) a big move is coming. According to the cycle (bitcoins cycle) bitcoin will run for approx 4 weeks, top out and then correct. The bounce of the correction will lead to altcoins top weeks after bitcoins. The others first need to pass the area of 156 158 million as a first major resistance level. After that a run to 256 million is likely in fairly quick succession. If the others does happen to hit this level it will serve as major resistance and should top out there. I would most likely expect it to hit it than not to. Indicators to look for.. On the weekly, the RSI has broken through the resistance levels and right now is retesting it as support, all good. On the monthly, The RC1 3 lines has an all important cross with the red line. The ASO is about to have a across with the blue line crossing above the red line. On the 2 week, the RSI is trying to push in the last resistance area, the rci3 lines have already had major movement are aligned for more growth and the ASO has had a cross and looks to be widening. These are all very positive for the OTHERS. please don't hesitate to ask any questions or add comments down below. Kind regards WeAreSat0shi
CRYPTOCAP:OTHERSLong
by WeAreSat0shi
16
Banana /UsdtBINANCE:BANANAUSDT ### 📊 **Current Price: 67.17** - BANANA coin is currently at **67.17**, which places it in an important price zone. This price level is crucial to watch closely for any signs of a breakout or breakdown. --- ### 🔨 **Resistance Levels: 78.72** - The **78.72** level represents an **important resistance zone**. Resistance is where the price tends to face selling pressure, making it harder for the price to move higher. - **Why this is significant**: For BANANA to continue its upward movement, it needs to break through the **78.72** resistance level. However, as you mentioned, breaking through this level is likely to be a "difficult road map." The market may experience some struggles here due to previous sellers at this price point. --- ### 🔄 **Key to Success: Break and Retest Resistance** - **Break and Retest**: This is a critical trading concept. Once the price breaks through resistance, it often comes back to test that level again to confirm that it has become new support. - **Example**: If the price rises above **78.72**, it may retrace back down to that level (or slightly lower) before continuing upward. This "retest" helps to confirm that the breakout is valid and not a false signal. - **Why this matters**: If the price fails to retest and hold above the broken resistance, it might indicate weakness, and the price could drop back below resistance, which could lead to a reversal or continued consolidation. --- ### 📉 **Support Levels: 54.35 / 48.00 / 42.34** - **Support levels** are crucial for identifying potential price floors where the market might find buying interest. If the price falls below the current level of **67.17**, the following support zones can provide critical price points to monitor for potential reversals: 1. **54.35**: A strong potential support level where buying interest might show up, preventing the price from dropping further. 2. **48.00**: Another support level where there could be buying pressure if the price falls lower. 3. **42.34**: The lowest support you’ve identified, which could act as the final line of defense for the price before a significant downward move. --- ### 🛣️ **Price Scenario Breakdown** - **Scenario 1: Price Holds Above 67.17** - If the price holds at **67.17** or rises above, the next goal is to break through **78.72**. Once this resistance is breached and retested, the potential for an upward trend increases, but patience is key. - **Scenario 2: Price Fails to Hold 67.17** - If the price fails to hold **67.17** and starts moving downward, watch for a potential test of the **54.35** support level. If this level doesn't hold, the price may drop further, testing **48.00** and **42.34**. --- ### 💡 **Conclusion: What to Watch For** - **Breaking Resistance (78.72)**: The key level to watch is **78.72**. If the price can break this resistance level and then successfully retest it, the market might continue upwards. This breakout confirmation is essential for the continuation of the bullish move. - **Falling Below Support**: If the price fails to hold **67.17** and falls toward the support zones, the **54.35**, **48.00**, and **42.34** levels will be critical. If those levels fail, further downside risk could occur. ### 🚨 **Reminder**: This analysis is not financial advice! Always perform your own research and use proper risk management in your trades. Markets can be volatile and unpredictable.
by Wolftrader1337
BITCOIN rally cant get caught anymore and SPXRUT ratio shows whyIt's beyond doubt now that Bitcoin (BTCUSD) has started the new Parabolic Rally (PR), technically the most aggressive phase of the Bull Cycle. We've made numerous analyses in the past explaining on time why we expected this break-out to take place after 7 months of accumulation. What we bring to you today is the SPX/RUT ratio, the correlation of the S&P500 (SPX) and Russell 2000 (RUT) indices against BTC and how it confirms that this rally will now accelerate to a pace that it won't be easy to get caught (i.e. bought). The SPX/RUT ratio is displayed by the blue trend-line. The ratio is particularly helpful during Bitcoin's Parabolic Rally phase as their correlation is mostly a negative one, meaning when the ratio falls, Bitcoin rises. On this chart, this correlation is present on a cyclical basis. This means that during every Cycle, it displays a behavioral pattern that is common. The key characteristic here is the Lower Highs pattern that the ratio forms every Cycle around the Halving time. As you can see, when SPX/RUT peaks (red circle) and starts forming Lower Highs, Bitcoin stars its Parabolic Rally (green arc). On the 1st Lower High, BTC's rally is already underway and has entered the stage where due to the sheer buying pressure and aggression, getting an entry is difficult. The Lower Highs on SPX/RUT also signify a shift from big capitalization stocks to low, i.e. an increasing appetite for riskier assets and that transcends to the Bitcoin market as well. So what do you think? Does the SPX/RUT ratio indicate that we've started the part of BTC's rally that is hard to catch? 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. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
INDEX:BTCUSDLong
by TradingShot
7
Going to 102KToday, guys we show you the longest and shortest our charts. First one is a monthly time frame, and it shows strategical targets, and the nearest one is 102K. Pay attention that price is coming to historical record of overbought level. This combination significantly increases the retracement chances once 102K target will be reached. Still, on 1H chart BTC accurately completed our 98K target - butterfly and 3-Drive patterns. Although downside retracement here is also possible, thus minimal butterfly target is 3/8 pullback to 96.50K area. But we do not expect that retracement will become more extended. The attractiveness and magic of 100K level strongly acts on the minds of investors, so by all efforts BTC will tend to touch 100K area
BITFINEX:BTCUSDLong
by Sive-Morten
1
TradeCityPro | Solana Ready to Rise or Follow BTC.D ?👋 Welcome to the TradeCityPro channel! Today, we’re diving into an analysis of the popular coin, Solana, reviewing past entry points, and scouting for new opportunities in the potential crypto bull run. 🟠 Bitcoin has hit a new high and maintained its dominance at 61.70%, effectively leading the market, Even if you missed opening long positions on BTC, there's good news—its dominance is on the rise, and the altcoin season might kick off soon! 🚀 Weekly Timeframe: Solana’s Stellar Performance Solana has been one of the market’s strongest performers, moving in sync with Bitcoin and outperforming many altcoins. Its market cap has even reached a new all-time high (ATH)! My personal entry point was at $27.67, followed by entries after breaking $47.88 and $124.59 on lower timeframes. If you’re in profit like me, consider: 1 - Withdrawing initial capital. 2 - Moving your holdings to DeFi platforms for added utility. New entries at this stage carry higher risk, as fewer confirmations are available. Wait for a break above $250.36 or even explore lower timeframes for better setups. We drew Fibonacci levels from $208.61, showing a correction around $124. Using Fibo extensions, potential targets are: $284 - $367 - $474 - $682 breakout above RSI 80.85, combined with increasing volume, could trigger these moves. 🌌 Daily Timeframe: Parabolic Growth Solana is forming a parabolic uptrend, with higher highs and higher lows. If the daily candle closes with strong volume, it could engulf previous candles, making it a great entry near $187 with a stop loss. After support at $162 was broken, two red candles were engulfed, confirming a fake breakout , Use this strategy on lower timeframes to enter positions aligned with the bullish trend. 🕒 4-Hour Timeframe Insights After breaking its daily range high at $185.34, Solana continued its rally, now at $244.57. stop-buy order was placed after breaking $221.75, supported by buyer momentum, and the position remains open , break above $246.29 will confirm our long position and momentum continuation. Avoid opening shorts under current conditions, Even in a 20% drop, I’ll focus on confirmations in lower timeframes to re-enter long positions. 💎 Solana/BTC Pair Insights Unlike most altcoins, which are at record lows against Bitcoin, Solana is holding steady. breakout above 0.0027030 BTC could spark a new rally, making it a prime candidate for entries. 📝 Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Long
by tradecitypro
11