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Cryptocurrencysignals

BITCOIN The Ultimate Cycle Model calls for $160k!Bitcoin (BTCUSD) is rebounding following yesterday's Fed Rate Decision. Technically the rebound has already started 10 days ago after the market nearly bottomed on the 1W MA50 (red trend-line). This is the strongest long-term Support level, as it is where BTC priced Lows and rebounded on August 05 2024 and September 11 2023, but it is not the only one. With the current 2023 - 2025 Bull Cycle pattern being a Channel Up, this is the absolute and ultimate model that has been guiding the price action and can help estimate any future moves. Given that, it's also the 0.382 Fibonacci retracement level that supported both Lows (as well as the current one) on the 1W MA50 mentioned above. As a result, we are so far on a double Support cluster. The 1W RSI comes in as the 3rd Support, as it hit and is rebounding now on its 2-year Support level, where the bounces of September 07 2024 and September 11 2023 happened. It is also important to mention that the Channel Up can be divided into two phases, Phase 1 (green Channel Up), which traded within the 0.0 - 1.0 Fibonacci range and Phase 2 (blue Channel Up), which trades within the 0.5 - 1.5 Fibonacci range. The symmetry within those patterns are so high that the two Bullish Legs of Phase one have both rallied by +100.64%. If Phase 2 follows the same dynamic, and there is no reason to assume it won't as the Bearish Legs have been almost identical, we can assume that the Bullish Leg that has just started will rise by +121.48%, same as the previous one (Aug - Dec 2024). That gives us a Target estimate of $160000. So do you think that BTC has bottomed on this Triple Support Cluster and if so, can it reach $160k by the end of this Cycle? 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
2
ETHEREUM Megaphone bottom like March 2020Ethereum (ETHUSD) is currently on the first week of rebound after 3 straight red weeks when it was unable to break above the 1W MA50 (blue trend-line). This is taking place on a Lower Lows trend-line, technically the bottom of a 1-year Megaphone since the March 11 2024 High. The market is no stranger to long-term Megaphone consolidation periods like that as last time we saw this was on the June 2019 - March 2020 Megaphone, which eventually broke upwards after the brutal COVID crash Bearish Leg that touched bottom. This is quite similar to the current Bearish since late December. Notice how perfectly aligned the Fibonacci retracement levels are. Based on this, we expect at least a 1.5 Fibonacci extension test at $6000 before this Cycle tops at the end of the year. ------------------------------------------------------------------------------- ** 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:ETHUSDLong
by TradingShot
11
DOW JONES This is why chances of a brutal rebound are so high.Dow Jones (DJIA) has been trading within a Channel Up since the July 31 2023 High and last week it hit (marginally breached) its 1W MA50 (blue trend-line) for the first time since the week of October 30 2023. The price went on to test the bottom of the Channel Up and rebounded back above the 1W MA50. This is an incredibly strong long-term bullish signal and it is not the only one. The market also made a Lower Low rebound on the 3-month trend-line while the 1W CCI got oversold below -150.00 and is rebounding. The last time we got these conditions fulfilled was exactly 2 years ago on the March 13 2023 Low. That was when the index made a similar Megaphone Lower Low rebound on oversold 1W CCI that initiated a +13.57% rally. Both Megaphone fractals emerged after Dow rose by +21.00%. In fact, every oversold 1W CCI rebound has produced very aggressive rallies. Based on those similarities with the March 2023 fractal, we expect the index to hit 46150 (+13.57%) minimum by July. If the more aggressive scenario of the November 25 2024 rally that made a Channel Up Higher High on the 1.5 Fibonacci extension prevails, then our more optimistic scenario is 48900 (Target 2) by September, which could technically be the end/ Top of the current Bull Cycle. ------------------------------------------------------------------------------- ** 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. ** ------------------------------------------------------------------------------- Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
TRADENATION:US30Long
by TradingShot
1
BITCOIN The 2021 Pivot trend-line that is coming to its rescue.Bitcoin (BTCUSD) has stayed stable after last week's rebound on the 1W MA50 (blue trend-line), which has been the level that offered support on the Bull Cycle Channel's previous Higher Low (August 05 2024). Technically however, that is not the only major Support level that may be coming to BTC's rescue as we've identified the Pivot trend-line that started on the April 12 2021 High as a Resistance and since then made another 2 contacts (as rejections). This is the first time now that is being tested as Support. During the previous Cycle (2018 - 2021) a similar Pivot trend-line was the level that supported Bitcoin during the last year of its parabolic rally on January and June 2021. The June 2021 contact in particular tested the 1W MA50 as well, which is the exact situation we're in right now. That double support hold initiated the final rebound towards the Cycle's new All Time High (ATH). Check also how similar the 1W CCI patterns between the two fractals are and based on that, a 1W CCI reading at 200.00 would be a solid level to sell and take profit. As a result, we expect this Cycle's Channel Up to accelerate the current rebound, technically its Bullish Leg and make a new ATH, which would be the Cycle's new Top, ideally with a CCI at 200.00. So do you think this cyclical Pivot trend-line is coming along with the 1W MA50 to BTC's rescue? 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
1
BITCOIN The 0.5 Fib Golden Rule! This is not a Bear Market yet!Bitcoin (BTCUSD) shook the bullish market sentiment last month, as late February saw it drop aggressively not just from the 109k All Time High (ATH) but also below the key psychological Support of $90000. We have discussed already how the 1W MA50 (blue trend-line) coming to its rescue, is the critical Support and rightfully so, but there is also another critical condition that is currently showing incredible strength, keeping BTC into Bull Cycle territory (for now). That is the 0.5 Fibonacci retracement level Golden Rule. This suggests that BTC's corrections/ pull-backs up to the 0.5 Fib level are technical and perfectly systemic, especially with the 1W MA50 supporting. If anything, such pull-backs during a Bull Cycle are the most optimal buy opportunities. We are currently on an exact such opportunity as the price hit last week both the 1W MA50 and the 0.5 Fib. In the past 10 years since the August 2015 Bear Cycle bottom, every correction up to the 0.5 Fib was a buy. In the 4 cases it broke, 2 were the signals of the 2018 and 2022 Bear Cycles and the other 2 signals of the market correcting the bullish overreaction to the Libra (2019) and Musk (2021) rallies. The latter though was still contained above the 1W MA50 and so would the 2019 one if it wasn't for the March 2020 COVID crash. As a result, we still see no cause for concern (yet) and so far this is the best buy opportunity for Bitcoin since last year and the August 05 2024 Low. But what do you think? Is this 0.5 Fib Golden Rule coming to push Bitcoin higher to its next ATH? 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
1
BITCOIN Is this the 'most normal' Cycle of them all ??This is not the first time we use a Convergence/ Divergence approach to Bitcoin (BTCUSD) Cycles and certainly not the last one. On the previous one, it helped us to succesffuly predict the end of 2022 bottom but what we couldn't anticipate is how smooth the new/ current Cycle 5 (orange trend-line) would be. As the title says, this is probably the 'most normal' Cycle of them all, as BTC has been trading within a Channel Up (orange) since the Bear Cycle's bottom more than 2 years ago. To get a better understanding of this claim, we compare Bitcoin's (BTCUSD) Cycles from their previous top to the next one (with the exception of the first), on this complete mapping analysis, having them all displayed on top of another: Cycle 1 (green trend-line), Cycle 2 (red), Cycle 3 (blue), Cycle 4 (black) and the current one Cycle 5 (orange). ** Diminishing Returns ** As you see, first of all, this showcases the Theory of Diminishing Returns, which suggests that as the market grows and higher adoption is achieved, BTC will show less and less returns in each Cycle. Every Cycle Top has been lower from the previous one. ** Cycle Convergence - Divergence ** Secondly, all Cycles particularly during their Bear Phase and for a short time after, tend to follow a common path. The illustration on this analysis is very clear as it starts with each Cycle's Bear Phase and you can see that when they diverge, they converge again quickly. The most recent Bear Phase was not surprisingly as long as Cycle 4 and almost Cycle 3, which was to be expected as the market has shown an amazing degree of symmetry in the past 10 years. Note that this is also the model that helped as determine very early in 2023 that Cycle 3 would be the best fit for the new Cycle in terms of price action and without a doubt, BTC has been mostly replicating that Cycle. ** What's next for the current Cycle? ** If we compare the current Cycle (5) with Cycle 3 we can see that the Convergence - Divergence Model is holding. So far when Cycle 5 converged, it immediately diverged. And this is exactly what it has been doing since the December High and the marginal January All Time High (ATH). It has started to diverge significantly from Cycle 3 so what the recent pull-back to the 1W MA50 achieved is to normalize it and is about to touch it. Now that the price hit the bottom of its +2 year Channel Up, we expect to rise, which will achieved convergence and contact with both Cycles 3 and 4, which is what they both did in their last 150 days of their respective Bull Cycles. Technically, this can take Cycle 5 to around $150k. As we've first mentioned in the crypto space, regarding the last Bear Market being the 'smoothest' in history, we can securely say now that the current Bull Cycle is also the 'most normal' ever. So what do you think? Does this Cycle regression model offer any useful conclusion as to where Bitcoin might top and if so, is this Cycle indeed the 'most normal' in the history? 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
4
SGB ​​Main Trend 17 03 2025Logarithm. Time frame 1 week. High risk, as the crypto wrapper is losing liquidity and was delisted from several exchanges. But, because of this, a high percentage of potential profit, but take into account the liquidity, and the ability to exit with a certain amount when the price rises (with pumps, liquidity decreases, which is logical). Locally, a classic descending wedge in a horizontal channel. With clear reversal zones. It works with a dedicated limited amount with a pre-distributed risk according to the principle of working in channels from the average purchase/sale price. You also diversify the risk by working with several similar pump/dump assets, without reference to the name of the cryptocurrency and the “value” of the project. Only spot. For such cryptocurrencies in terms of liquidity, high local volatility for spot profit, for margin trading huge losses or liquidation. I would recommend to exit the entire position or more at the channel resistance zone, after all, the profit is significant.
Long
by SpartaBTC
11
BITCOIN Is this a Falling Wedge bottom formation?Bitcoin (BTCUSD) is trading since the February 28 Low within a Falling Wedge pattern, below the 1D MA50 (blue trend-line) and at the same time supported by the 1W MA50 (red trend-line). Throughout its dominant Bull Cycle pattern, the +2 year Channel Up, it has formed another 6 such Falling Wedges, all below the 1D MA50 and all turned out to be market bottom formations, which paved the way for an immediate bullish break-out. On all occasions, the 1D CCI has been almost as low as on the February Low. The shortest rebound it made before another break below the 1D MA50, was +26.68% and the highest was +106.96%. As a result this gives us a minimum immediate potential Target of $96800 and a maximum of a little more than $150000. Given that the price has touched the bottom of the long-term Channel Up, like the bottom formations of September 06 2024 and September 11 2023, it is quite likely to see the stronger rebound probability taking place. But what do you think would be the case? Is this a classical Falling Wedge bottom break-out formation and if so what may be the Target? 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
6
BITCOIN Money Supply, Dollar and Bonds pushing for MEGA RALLY!This is not the first time we publish a Bitcoin (BTCUSD) analysis in relation to the U.S. Dollar Index (green trend-line) or Chinese Bonds (red trend-line) and Global Liquidity (blue trend-line). In fact we have been doing this since the late 2022 bands in China and like the highly bearish sentiment that was in the market then, we decided to dive into this cross-asset analysis yet again in order to put the current sentiment in perspective. Well it couldn't be more relevant. What we discovered is that all the financial assets mentioned above have yet again aligned to offer the strongest bullish confirmation for BTC since the November 2022 Bear Cycle bottom! More specifically, we are a little past the point where the DXY peaks and declines aggressively, Global Liquidity bottoms and starts rising, while Chinese bonds (our CN02Y/CN20Y ratio) bottom and rise aggressively. In the past 10 years this combination of events has happened 6 times, 2 times during each Cycle: one at the bottom of the Cycle and the other when the final, most aggressive rally starts. Notice also that (naturally) this is where the stock market (SPX, black trend-line) also bottoms and starts rising aggressively. As a result, the above market conditions are an indication that despite the recent monthly correction and turbulence due to a number geopolitical and other trade fundamental reasons, the macro-economic parameters remain intact for the wider picture of this Cycle. Truthfully, this is where an announcement next week of future Fed Rate Cuts would come very handy. So what do you think of this analysis above? Are you fearful that a new Bear Cycle is starting or more confident that the market will soon recover and price a new High? 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
8
Heading into 61.8% Fibonacci resistance?The Bitcoin (BTC/USD) is rising towards the pivot and could reverse to the 1st support which had been identified as a pullback support. Pivot: 85,769.28 1st Support: 80,188.79 1st Resistance: 88,718.07 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:BTCUSDShort
by ICmarkets
BITCOIN Cycle pattern completed. Year-end Target locked at $150kBitcoin (BTCUSD) is showing the first signs of life after nearly testing the 1W MA50 (blue trend-line) early this week. Whether this leads to a full on recovery or not, can been partially answered by this Cycle's price action so far. Historically we do know that BTC's Bull Cycles so far tend to peak towards the end of their 3rd year and that's 2025. This Cycle has been predominantly trading within a Fibonacci Channel Up, since its very start, the November 2022 bottom. Its 1W MA50 has been supporting since the March 13 2023 break-out, so it's been exactly 2 years of holding and throughout this time period has provided two excellent buy opportunities. As you can see, the Channel Up can be classified into two main Phases so far: each has a Primary correction (red) of more than -30% drop, followed by a rally (blue), then a Secondary correction (yellow) of more than -20%, followed by the second and last rally (blue). All rallies have so far been around +100%. Based on this model, we are now on the Secondary correction of Phase 2. Notice that all corrections (either primary or secondary) hit or approached apart from the 1W MA50, the 0.382 Fibonacci retracement level from their previous Low. This is actually the first time that the price has marginally broken below the 0.382 Fib. At the same time, the 1D RSI almost got oversold last week (34.50) and according to the August 05 2024 (Higher) Low, this is were a series of RSI Higher Lows would be a signal of a new bottom formation. The bottom and recovery process may take a while though, another 4-6 weeks. According to the Time Fibs (blue dashed vertical lines), each correction (whether primary or secondary) has ended at or a little before the 1.0 Fib with the 0.0 being the bottom of the previous one and 0.5 Fib the Top of the rally. Based on this, we can expect the new rally to start by the week of April 28 the latest. So now as to how high this can get, if it repeats the 'weakest' rally of the Channel's three so far, it should rise by +95.95%, which gives us a straight price of $150000 as a Target. If the rally symmetry also holds, this should come by late September, perfectly aligning with Bitcoin's historic Cycle expectation for the final year. Do you think that will be the case? Recovery starting within 4-6 weeks and if so, are you expecting $150k? 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
16
TRXUSD Another 2 months of consolidation is possible.Last time we looked at TRON (TRXUSD) was almost 6 months ago (September 25 2024, see chart below) when we called for a 1D MA50 (blue trend-line) buy: The immediate rally that followed, hit our 0.2100 Target in less than 2 months, even breaking above the long-term Channel Up. Since then, the Bullish Leg deflated and settled sideways on a trade within the 1D MA50 (blue trend-line) and 1D MA200 (orange trend-line). This is an Accumulation Phase and on the current 2023 - 2025 Bull Cycle, it is not the first time we've seen one. In fact the Higher Lows Zone had such phases since its start but the most notable and most similar to the current one is the one between March - August 2024. Always supported by the 1W MA50 (red trend-line), this Accumulation Phase displayed the same kind of 1D MACD Bullish Divergence and once it formed its first Higher Highs trend-line and rebounded on the 1D MA200, it entered the Parabolic Rally Phase. If the symmetry holds, then we might see TRX hit 0.6000 by September 2025. ------------------------------------------------------------------------------- ** 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:TRXUSD
by TradingShot
BITCOIN Is this the last defense before the narrative changes?Bitcoin (BTCUSD) got yet again increasingly volatile during the weekend and is approaching the 1W MA50 (blue trend-line). As mentioned on the title, this is "the last defense" for BTC as so far this price action hasn't diverged a bit from the Channel Up of the 2015 - 2017 Bull Cycle but a break and 1W candle close below it, would jeopardize that. ** The key 1W MA50 ** In fact the only times that Bitcoin closed below its 1W MA50 during a Bull Cycle and the Cycle continued was of course during the March 2020 COVID global market flash crash and November 18 2019. But the current Bull Cycle is nothing like in 2019 - 2021, it doesn't have the initial overextension of the Libra hype (May - June 2019) or Elon's early 2020 hype nor of course the pandemic shutdown. On the contrary it is incredibly similar with 2015 - 2017 with the only difference being that, thanks to the ETF launch in January 2024, the market marginally breached the previous All Time High (ATH) earlier. ** Symmetry playing out ** So back to the similarities between those two Cycles. The Cycle count indicates that we are at the end of the (blue) Bull Rectangle in March 2017 (847 days) when the price almost tested the 1W MA50 and then started the (green) Parabolic Phase to new ATHs (217 days). Even in terms of 1W RSI and MACD, the two fractals are similar, with the RSI being on its 2nd 'Buy the dip Volatility Phase' bottom and the MACD on its 2nd Bullish Cross. ** How high can it get? ** Now as to how high the new Cycle Top can be, can be anybody's guess, but if it repeats the less aggressive 2021 Top, it could be on the 1.618 Fibonacci extension, i.e. around $170k, while if it repeats the (much more unrealistic for such short period of time in terms of market cap) 2017 Top, it could be on the 2.382 Fib ext, i.e. around $520k. The worst case scenario is to have Fib extension Tops on a decreasing rate, in which case the 1.5 - 1.382 levels are next, giving us a potential target range of 120k - 145k, which would be almost a Double Top similar to November 2021. So what do you think? Will the 1W MA50 come to Bitcoin's rescue yet again or the narrative will change this time? 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:BTCUSD
by TradingShot
14
BTC Bullish Continuation (Another Top OR New Prominent High?)BTC price seems to exhibit signs of overall bullish continuation as the price action may form a credible Higher Low on key Fibonacci and Support levels. There might be a possibility that BTC may break it's All Time High Price of 109588. It might be worth observing price the action further if 109588 breaks. A potential break may be indicative of another top OR new prominent high (if the range considerably breaks). Trade Plan : Entry @ 97389.73 Stop Loss @ 87000 TP 1 @ 107779.46 (Before All Time High) TP 1.5 - 2 @ 112975 - 118169.19 (After All Time High) Ride Further with Caution if TP1 hits and move Stop Loss to Break Even if TP1 hits as well.
Long
by LevelsBySBT
BITCOIN Same bottom, different year.Bitcoin (BTCUSD) has formed a Triangle pattern of Lower Highs (Resistance) and Higher Lows (Support), following the February 28 Low. The bullish confirmation will be given if the price breaks above its 4H MA200 (orange trend-line) but this already looks like a Bottom formation, similar to the Triangle patterns formed around August 2024 and September 2023. Those were the major bottoms (so far) of the 2023 - 2025 Bull Cycle and it won't be surprising at all if 2025 has its own now that will drive BTC to its eventual Top towards the end of the year. Both rallies that followed the 2023 and 2024 Triangle break-outs, reached at least their 1.786 Fibonacci extension. As a result, this gives us a minimum medium-term Target of $120000 in the event the 4H MA200 breaks. So do you think this is a standard Bull Cycle Triangle bottom formation? And if yes, is $120k the immediate Target? 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
2
ETHEREUM Is a massive rally about to begin?Ethereum (ETHUSD) started the week lower but is attempting a closing near last week's candle close. Still below its 1W MA50 (blue trend-line) but the practically ranged price action of the past 12 months (March 2024 - Feb 2025) may be a Re-accumulation Phase similar to ETH's first Cycle when between March 2016 - Jan 2017 it consolidated but then started a massive rally until the end of the year. As you can see, the two fractals are fairly similar, both starting with an initial Accumulation Phase. In the 2015 - 2017 Bull Cycle, the rally that followed the October 2015 Low was fairly symmetrical (+5069%) with the rally that followed the Re-accumulation Phase's bottom. The Cycle Top was priced higher on the 2.0 Fibonacci extension. If ETH keeps replicating this past fractal, we can expect a more realistic Target at $5350 (+169.75% rise) and an extremely optimistic at $11000 (Fib 2.0 extension). ------------------------------------------------------------------------------- ** 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:ETHUSDLong
by TradingShot
5
BITCOIN Like a well tuned Swiss clock...Bitcoin (BTCUSD) has had a red February with a correction that touched its 1D MA200 and almost hit the 1W MA50 (blue trend-line), spurring massive liquidations and ETF outflows. On the wider picture though and the long-term technical trend of this Cycle, this looks nothing more than a normal technical pull-back at the start of the last year of the Bull Cycle. More specifically, since the start of the current Bull Cycle following the November 2022 market bottom, BTC has been replicating to almost perfection the 2015 - 2017 Bull Cycle. As this chart on the 1W time-frame shows, every medium-term top and bottom since July 2023, matches harmonically the tops and bottoms since July 2015. In addition, the 1W RSI is now on its 2nd bottom of the 'Buy the dip Volatility Phase', which started after the Higher Lows trend-line that was initiated on the market bottom, peaked and turned sideways. In 2016 - 2017, that was the ultimate guide to buy low through Bitcoin's last year of Bull Cycle all the way to the Top. Based on this analogy, BTC should now form a Channel Up that might form the next Higher High in June, pull-back in July, then new Higher High in August, pull-back in September and final push for a Cycle Top around November. Based on this pattern, this may very well be around $200k but again, a 1W RSI top sell signal is more fitting. But do you think the market will continue replicating the 2015 - 2017 Bull Cycle all the way to the top? And if yes, is a $200k peak plausible? 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
18
Potential bullish rise?Ethereum (ETH/USD) is falling towards the pivot and could bounce to the 1st resistance which has been identified as a pullback resistance. Pivot: 2,098.80 1st Support: 1,941.25 1st Resistance: 2,384.00 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:ETHUSDLong
by ICmarkets
3
BITCOIN Can it really take 1 month to form a bottom??Bitcoin (BTCUSD) quickly invalidated the Crypto Reserve rally by Trump and finds itself again on the 1D MA200 (orange trend-line) for the 2nd time in 5 days and 3rd since October 14 2024. The key technically development that we should concentrate at is the failure to break above the 1D MA50 (blue trend-line) during Sunday's rally, as it is the level the price was being rejected throughout the whole February. Until BTC breaks and closes above the 1D MA50, we can't expect a justifiable recovery. We are also on the 0.382 Fibonacci retracement level from the August 05 2024 Low. The last time the price was trading on those parameters was in late August 2023. More specifically, yesterday's 1D MA50 rejection resembles the August 29 2023 one, which came after a vastly oversold 1D RSI on August 18 2023, similar to the oversold RSI of February 26 (last Wednesday). During this price action, it took Bitcoin exactly 1 month from the RSI bottom to break again above its 1D MA50, starting a rally that initially broke marginally above the -0.5 Fibonacci extension before a new 1D MA50 pull-back. As you can see, the similarities between the two main phases of since the 2022 bottom are striking. Both started on a Channel Down and after the first Higher Lows formation, formed the Channel Up that was confirmed upon a 1D Golden Cross. It has to be highlighted that the 1W MA50 (red trend-line) has been holding since March 14 2023, it even supported during the August 2023 bottom formation and provided a massive bounce on the August 05 2024 low. With the 1W MA50 currently at 75070 and rising, it is natural to assume that it is the ultimate Support level. As a result and based on all the above conditions, it is possible to see Bitcoin consolidate sideways in an attempt to cement the bottom for the majority of March. A break above the 1D MA50 either then or earlier, would be a technical bullish break-out confirmation. The rally that will follow can technically reach $160000, which is just below the -0.5 Fibonacci extension. So what do you think? Is Bitcoin currently forming its new long-term bottom and if yes, will it reach $160k after that? 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
10
LTC/USD Secondary trend (part). 09 12 2023Logarithm. Time frame 1 day. Part of the secondary trend. Channel to work, price consolidation in its lower part. A high probability of an upward exit from it. Key levels are shown by arrows. Percentages for clarity and target orientation similarly. This is how it looks like on a line chart without "market noise". . Double bottom with a flat top in an accumulation channel. Post-halving time. A local uptrending channel that has a double bottom with a flat top. This is a strong bullish pattern that says price is (this accumulation zone) at the lows of the trend initiation. The last cycle after the capitulation (end of the participation phase) of all liquid instruments (this is important) began with this structure, which is a display of the actions, first of all, of large market participants that have an impact on pricing (holding). For example, look at the bitcoin 2020 chart and this structure. Similar to what happened on LTC a few months after the halving. Major trend. Cycles. Super profits. LTC is a cryptocurrency that has survived many cycles and has not depreciated completely, although it can be seen that the capitalization and leadership positions are not able to compete with the new 2 cycle HYIP giants. From the position of the cycle before last (distributions, i.e. highs) 2017, this cryptocurrency is on a big super profit. There are very few cryptocurrencies in the crypto market that are in their main trend in an uptrend and are on super profits relative to previous cycles. LTC is one of them. As a rule, the opposite is true. It is clear that the main major holders in most cases for such a long period of existence in the crypto market, LTC has already been repeatedly changed. But with this logic of the price chart, which is displayed on a long history and on a large time frame, should be considered and taken into account in its risk management. Major trend. Time frame 1 month.
BITSTAMP:LTCUSDLong
by SpartaBTC
3
BITCOIN Is the correction over??Bitcoin (BTCUSD) completed yesterday a -21.14% decline from its January All Time High (ATH). This move made new 3-month lows for the market and naturally accelerated the fears of a Cycle peak and the start of a new Bear Market. Zooming out to the larger time-frames however, we can see that the trend remains heavily bullish within this Bull Cycle's dominant pattern, the Channel Up since August 2021. In fact the current -21.14% pull-back is identical with the Minor Correction Phase (orange) the pattern had during July - September 2023. The similarities don't stop there. That Minor Correction bottomed a little before touching the 1W MA50 (blue trend-line) and the 0.382 Fibonacci retracement level. The 0.382 Fib on the current Phase is at $81000, while the 1W MA50 is a little lower. The 1D RSI however has already breached the oversold barrier (<30.00) as on the August 14 2023 Low. That wasn't the only time the 1D RSI tested the oversold barrier. The last time it was on the week of July 01 2024, during another pull-back, this time the Major Correction Phase. That was considerably longer and stronger (-33.28%), which did hit the 1W MA50 in order to bottom, and as you can see it hasn't been the only major pull-back of the Channel Up. The other Major Correction Phase was at the start of the pattern (Aug - Nov 2022), which measured a -38.47% decline. As you see, there is a high degree of symmetry among Major and Minor Correction Phases, so there is a high probability that BTC has now bottomed on its new Minor Correction Phase. If not, a bottom level candidate will be waiting a little above $81k and the 0.382 Fib. The minimum rally following a correction bottom has been +95.95%, so if BTC repeats that from yesterday's Low, we are looking at a new Higher High exactly at the top of the Channel Up at $169000. So do you think we've see the bottom on this technical correction or we are due some more towards $81k before rebounding? And if so, are you expecting a final rally towards $169k? 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:BTCUSD
by TradingShot
9
BITCOIN Is this a healthy Bull Cycle pullback or new BEAR CYCLE?Bitcoin (BTCUSD) has broken below the $90k barrier, reaching so far today 89000. The market is undeniably bleeding and this is roughly a -19% price decrease from January's All Time High (ATH). Talks about the end of this Bull Cycle have resurfaced again, but is this the start of a new Bear Cycle or simply a usual technical pull-back during a Bull Cycle? Well we can find the answer by examining the 3 most recent Bull Cycles. As you can see, such declines are common during Bull Cycles, and they've been very well present on the current (2023 - 2025) Bull Cycle as well. Going back to the 2015 - 2017 Bull Cycle, we can see four -40% corrections, with an average Cycle decline of -35.28%. The average in the following Bull Cycle (2019 - 2021) declined to -26.12% with many -30% corrections this time. On the current Cycle, the average is so far -23.60% with the vast majority of corrections being around -20%, which is exactly what we are up against at the moment. As you realize, the corrections have been greater in the past, which is natural as so were the total Cycle gains, so the higher the rallies, the stronger the corrections have been. As Bitcoin started to normalize, become mainstream and adopted, the Cycles returns started to diminish, offering subsequently smaller/ more manageable pull-back phases. As a result, it is very likely for BTC to be experiencing at the moment a typical Bull Cycle pull-back and equally probable not to diverge much from the -20% mark of the current Cycle standard. But what do you think? Is this the start of a new Bear Cycle or just a Bull Cycle pull-back? And if it's the latter, will it stop around the current -20% levels? 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:BTCUSD
by TradingShot
13