Cyptocurrency
THE TRUMP RETURN GAME.. DAY TRADE POSSIBLITYTHE TRUMP GAME.. DAY TRADE POSSIBILITY
We did add yesterday a trump update and closed with an increased range.
This new price change TRUMP/USDT seems interesting for a live follow and for this reason, we will focus on the return of the coin and maybe there is more than just a return. new volume can bring interesting things with it.
DOGECOIN: THERE WERE SIGNS! COINBASE:DOGEUSD
DOGECOIN: THERE WERE SIGNS!
The signs:
1.) High Five Setup (Macd/ RSI/ Trend/ Volume profile/ chart pattern)
2.) Symmetrical triangle breakout on the weekly with a retest
3.) Bitcoin's tide is lifting all ships.
Measured Move Hit.
I was not in this name; I just wanted to use it as a tutorial.
NFA
Alikze »» PYTH | Penetration below the resistance zone🔰 The PYTH Network is the largest and fastest-growing first-party oracle network. Pyth delivers real-time market data to financial dApps across 40+ blockchains and provides 380+ low-latency price feeds across cryptocurrencies, equities, ETFs, FX pairs, and commodities.
🔰 The currency of the PYTH network has faced supply in the 4H and 8H time after an upward trend in the resistance range, which currently, due to the fact that it has penetrated below the resistance, it can face any higher supply and up to the green box area of this correction.
🔰 to continue But if the resistance zone and the dynamic trigger break, it can continue to grow until the next supply zone.
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Bitcoin / U.S. Dollar Is it forming Cup and handle formation?It just in my imagination. BTC just BOS on TFW, and then pull back. Cup and handle formation could be forming cause there is a FVG to be closed and Bullish Breaker Block to be mitigated. My play book is DCA on dip. BTC is very bullish and by far it hardly mitigated the previous B-OB.
Very time when is pull back its always have buying power to push the price back. Lower than $50000 I am Out.
Black Rock push Bitcoin price to new highs, But Bitcoin is aboutAs the United States continues to approve Bitcoin spot ETFs, more and more funds are entering the market. Undoubtedly, these institutions have made a lot of profits.
However, the bull market for Bitcoin cannot last forever:
The overall economic performance in the United States is struggling, and the issue of inflation has not been fundamentally resolved. The Federal Reserve is likely to postpone interest rate cuts. Continued interest rate hikes could lead to a sharp decline in Bitcoin prices.
The current attitude of the United States towards Bitcoin remains delicate, and approving a few ETFs is not a particularly significant positive. Nevertheless, it remains a key factor driving the rise in Bitcoin prices, and I believe the market's imagination is overly optimistic. For any country, it is not yet time to compete for the pricing power of Bitcoin. Therefore, when the delicate attitude shifts, the market may panic, causing a decline in Bitcoin prices.
The news of Bitcoin's halving has fueled a continuous rise in its price. However, the problem is that this information has been known for a long time and has already driven the market higher. It should not be a reason to continue pushing prices. When Bitcoin's halving actually occurs, the price of Bitcoin may decline.
I believe the current market is overly irrational, with a significant influx of funds leading to a continuous rise in Bitcoin prices. However, I think we are not far from a sharp decline in prices. The current market risks are substantial, and there are ample reasons for a downturn.
Bitcoin Market Cycle This chart tried to reflect the uncanny similarities between Bitcoin's previous cycles and will try to use that information to "predict" next market cycle top in terms of price and time.
The price is derived using Log FIB extension 1.618 and is the minimum Bitcoin has to hit.
Although Bitcoin has gone way above this extension in the past, I am going to keep things a little conservative.
The chart is aimed to not use any indicators to keep it clean but you can apply Pi cycle top indicator (which has been super accurate to make it more precise)
The chart shows how bottom of the previous bear market to the next one takes about 206 Weeks or so and how bear market lasts about 52-55 weeks while Bull market (from the bottom and not halving) is about 155 Weeks ish.
While the drawdowns are becoming less and severe by some percentage, I chose about 75% drawdown for next bottom in 2026 with price of about mid 40K.
Like someone said " All models are wrong but some are useful" this can clear some noise and provide us some timeframe when we can start taking some profits based on time and price.
Over time, I will provide update to this model if I think I can make it more accurate.
LFG!!
$Bitcoin - Its all in the charts.As can be seen, BTC is moving in a curve. This curve seems to have found bottom around 16k for this cycle and is right now hugging the bottom trend line.
-Given this curve, will we see 16k again?
-Looking at the historicals, most likely not. But IF the price action breaks the bottom trendline then that will be a first and after that anything can happen.
If everything goes according to plan, and by plan I mean according to history, we should see a cycle top around next year second half, latest by start of 2025 but we may not need that much time.
-What will be the catalyst for a new cycle top?
-No idea. I make my decisions only looking at the chart and not news.
-Can I be wrong?
-Maybe, maybe not.
Only thing we as investors can do, is to DCA our position and wait.
Bitcoin analysisHello friends
In the major period and in the weekly time frame, if we accept that at the price of $69,000, the 5-wave bullish Bitcoin has ended, we can imagine that we are still taking corrective steps.
Also, by hitting the supply area of 30-33 thousand dollars, we saw the breaking of the Rising Wedge pattern, which makes the above analysis more likely to be correct.
If the price level of 24800 dollars is broken, the final confirmation will be issued to continue the decline.
Based on this, my overall view on Bitcoin is bearish
#FTM Wait for the pullback to the broken structureIf you enter according to the previous analysis, keep it.
For a new entry, you should wait for the 0.4883 range to be 3 cycles lower on the way up the wave
Short-term targets: 0.5859 - 0.6348 - 0.6836
Bull Case Scenario for AVAXAVAX is poised for significant price appreciation in the near future, making it a smart investment opportunity for those looking to tap into the growth potential of the blockchain industry. The platform's unique features, such as its scalable and secure architecture, its ability to handle high volumes of transactions, and its flexible and decentralized governance model, set it apart from other blockchain platforms and position it for growth.
Additionally, the growing demand for decentralized finance (DeFi) applications and the increasing popularity of non-fungible tokens (NFTs) are driving interest in the blockchain sector, and AVAX is well-positioned to capture this demand. With a highly engaged and growing community, and a strong commitment to developing cutting-edge technology, AVAX is poised for continued growth and price appreciation in the years to come.
Bitcoin / USD set to go up from 16850 to 18500 .bitcoin / USD is making consolidation pattern which was seen earlier as well before it moving in upward direction as shown in chart. it is also trading in Descending channel pattern . as per analysis we might see bitcoin to move till 18500 before this it can move towards support level and bounce back towards 18500. if it breaks that resistance level it can further move towards the 19000 and 19500 levels .
trade with risk management.
views /opinions are welcome to discuss in comment below.
XRPHere we have XRP on the Daily timeframe.
We have been in consolidation since September after we seen a impulse move up from the Weekly Demand zone after it was mitigated.
Above and below this consolidation range we can see liquidity being generated. Although we have seen some bullish price action on the Daily timeframe breaking sub structure we still remain bearish on the HTF like the weekly.
I am not convinced we are ready for a bull run yet and i will be looking for short positions at the unmitigated Daily Supply zone down the the refined Daily Demand zone inside the Weekly Demand.
*Risk management is key*