Bitcoin 30% correction Warning Extreme Greed 🔸Hello traders, today let's review 8hour price chart for BTCUSD and potential reversal zones. This market is maxed out already / overheated. I'm expecting a 30% correction into end of January 2025 🆘.
🔸All the positive mid-term catalysts are already priced in the current market price, there are no further catalysts until DJT Inaguration. Therefore, expecting 30% correction based on extreme greed conditions.
🔸Recommended strategy for position traders: Short sell at market, SL
at recent high, TP1 80 000 USD TP2 75 000 USD. swing trade setup so
naturally takes more time to complete. Bulls should exit the market and wait for a better entry price later in January 2025.
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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.
Doge
ETHUSD 12h 20% pullback SHORT from BEAR Order Block🔸Hello traders, today let's review 12hour price chart for ETHUSD . strong gains recently off the range lows ,however currently upside
limited by heavy sell side liquidity / order block at 3800/3850 usd.
🔸Trading right now at 3660 USD, impressive recovery off the lows
however sell side liquidity / order block at 3800/3850 caps immediate
upside, therefore bulls should be cautious with new buys since
I'm expecting pullback once we trigger overhead liquidity.
🔸Recommended strategy: SHORT SELL from overhead resistance
at 3800/3850 USD, SL 3950 USD, TP1 3550 TP2 3150 USD. 20%
unleveraged gains off the highs, expecting pullback. good luck!
🎁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.
$DOGEHello Shibs, hope you still HODL Dogecoin. Thi the accumulation part, market correcting itself for another run. Bitcoin also down today, keep that in mind. A crucial support level I’m looking at is .35 to close above in the daily. If that breaks buckle up, and HODL.
Dogecoin was recently attacked, and hacked. “Exploited a vulnerability called “DogeReaper” crashing 69% of nodes. A fix was quickly deployed, and network’s functionality was not severely impacted.” Which makes me to believe a lot of people are panic selling. How could you sell DOGE? It’s literally the Department of Goverment Effeciency!!
Anyways, don’t panic sell. DOGE TO DA MOON!
Dogecoin at $0.402: Sit, Stay, or Fetch the Moon?Dogecoin is currently trading around a key support level at $0.40, with the market poised for its next major move. This level will likely play a crucial role in determining the short-term trend, as the balance between buyers and sellers tightens.
A dip toward $0.394 followed by a strong recovery could signal that bullish sentiment remains intact, with buyers likely targeting higher resistance level (Dashed Green Projection).
A break above the $0.432 mark would confirm a shift in momentum, opening the door to further upside toward the critical resistance at $0.485 and possibly beyond (Solid Green Projection).
Conversely, a failure to hold the $0.394 support may indicate weakness, increasing the probability of a deeper decline. In this case, the next significant support lies around $0.374, and a breach of this zone could accelerate bearish pressure, pushing prices closer to $0.342 (Red Projection).
A next movement to 1 dollar is programmed!Since I am betting on ~5 dollars as the doge top. The 0.382 fib level is the golden for Dogecoin. This zone besides to catch the bottoms is the first consolidation area after breaking path and then reaching the top. Next bear market if this proves right sits around 90 cents so you should be buying at these levels since we are halfway of what might be the best price to get in the next bottom cycle.
DOGE IS READY TO RESUME BULLISH?The last analysis on DOGE was exact and perfect as predicted. You might wanna check it again here for your references.
Building on that success, the chart is given yet another signal, this time it's flipped bullish. Been consolidating after dropping over 24% from last high price. This latest chart look is interestingly similar to CRYPTOCAP:LTC chart which just broke out right now. See below:
The lower trendline on the DOGE rising wedge was retested, rejected but held up on support $0.38 - $0.39. Watchout for the yellow trendline for confirmation. A break or new candle above it signals the start of the bullish resumption for DOGE
Support level: $0.3959
Resistance level: $0.41008
There was a decline of 2.53% in the last 24-hours. Price ranged between $0.39472 and $0.41254.
The stabilization of CRYPTOCAP:BTC or otherwise sideways movement is crucial for this idea to validate. A fresh candle beyond yellow trendline is a confirmation. Wait for it. 🚀
Follow, like and comment for more tips
#DOGECOIN - CRASH TO $0.27 BEFORE HEADING TO THE MOON ?!will dogecoin experience a dip to $0.27 before skyrocketing towards $0.74 and eventually $1? Some indicators suggest we might see a liquidity sweep with a few wicks to shake out leveraged positions before the real bullish momentum kicks in.
what dou you think will happen?:
1️⃣ bullrun towards new highs without major corrections?
2️⃣ drop to $0.27 for liquidity before the breakout?
share your thoughts below!
DOGE inside a Triangle. Trade the breakout.Dogecoin / DOGEUSD is trading inside a Triangle pattern.
This tight consolidation is getting closer to an end as a breakout should take place by tomorrow.
If it breaks to the upside, buy and target 0.43500 (Fibonacci 2.0 extension).
If it breaks to the downside, sell and target 0.37100 (Fibonacci -1.0 extension).
Previous chart:
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DOGE - Forecasts to considerHello,
Doge is primed to make. A classic C wave of a correction right now… however, there are also more bullish fractals at play. The purple trace shows us a side ways consolidation period leading to continued growth. There are also more bullish scenarios with harmonic fits as well still. Hold title tribe! As we know, when DOGE jumps, he can defy all of the indicators and logic! Go boy go!
DOGE FIBDogecoin cannot sustain the daily close above .36 so next level on the fib is .32 which is a crucial point of support. Still floating under the trendline on the RSI. MACD starting to trend under which means potential bearish signals. Keeping eye on this, and waiting to see what happens with community and team.
Be prepared to scoop like a maniac!As you can see the price chart on doge this cycle is pretty similar to the last one so far. After going up to the first pause of the cycle around the 0.786 fib level price corrected to the 0.618 fib level. If this time happens something similar make sure to get in big around the 26 cents if this idea proves right.
DOGEUSDT | GAMEPLAN IF A CRASH COMESMarket Context:
The crypto market is closing the year on a bearish note, marked by significant sell-offs and declining sentiment. This environment creates the potential for a flash crash, offering a unique opportunity to capitalize on extreme volatility. I’ve identified a critical price zone where I anticipate meeting the market for a high-probability setup.
Technical Outlook:
Current Market Conditions:
The ongoing sell-off reflects bearish dominance, with no clear signs of reversal yet.
The potential for a flash crash could result from thin liquidity and heightened volatility typical of year-end trading.
Key Level (Blue Box Zone):
This predefined zone aligns with strong support areas derived from historical price action and Fibonacci retracement levels.
It represents a high-interest area for buyers, where smart money is likely to step in.
Trading Plan:
Entry Strategy:
Place a limit buy order within the blue box zone to secure a favorable entry during rapid price movements.
Wait for a confirmation signal, such as a bullish candlestick pattern or a volume surge, to validate the zone.
Risk Management:
Stop Loss: Positioned just below the blue box zone to limit downside risk in case the market continues to decline.
Use a moderate position size to manage risk in highly volatile conditions.
Take Profit Levels:
Target resistance zones where sellers are likely to re-enter.
Use scaling techniques to lock in profits progressively while leaving room for further upside.
Key Considerations:
A flash crash is often accompanied by heightened market emotions and liquidity issues, which may lead to slippage. Using limit orders can mitigate this risk.
Monitor macroeconomic factors and news that may act as catalysts for a flash crash.
Conclusion:
While the crypto market remains under pressure, these conditions provide opportunities for disciplined traders prepared to act at key levels. The plan focuses on entering the market with precision, managing risk effectively, and capturing potential upside when the market rebounds.
I keep my charts clean and simple because I believe clarity leads to better decisions.
My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups.
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These Top 30 AltCoins have GOOD setups against BTC The Analysis of Benjamin Cowen
Benjamin Cowen , a well-known cryptocurrency analyst, has pointed out that many cryptocurrencies that exhibit a double bottom against Bitcoin ( CRYPTOCAP:BTC ) have experienced HIGH price increases, we have examples like CRYPTOCAP:SOL ($225.05 - 211.31% return (1y)) in the middle of 2023 when it did a double bottom against CRYPTOCAP:BTC and recently with CRYPTOCAP:XRP ($2.62 - 323.88% return (1y)) in early November, both outperforming BTC ($106,726.68 - 155.86% return (1y)) this year.
Source vid: The EXACT Date You Should Go ALL IN on Altcoins! at 42:00
BTC Dominance
When BTC's dominance rises relative to other cryptocurrencies, ppl often shift into BTC in search of stability, aiming to capture the secure upside that altcoins may not provide. During this period of increasing BTC dominance, altcoins can bleed or just go sidewaves while BTC goes up, meaning their value decreases in relation to BTC. But, these altcoins I'm gonna show you seem to have double bottomed against their BTC pair and it might be the start of a huge upside in the USD pair too.
Double Bottom Pattern
The double bottom pattern indicates that selling pressure has bottomed out and can signal a bullish move. Recognizing this pattern in the context of BTC dominance offers a valuable setup and great expectations for price since it tends to follow an upside movement.
So🤔¿Are you wondering which AltCoins have a similar setup? 👀
I just wanted to point out coins in the Top 30, while all crypto market implies risk, the ones in this top 30 have high marketcap and are well known projects so you're kinda in safer.
Chainlink ( CRYPTOCAP:LINK )
Avalanche ( CRYPTOCAP:AVAX )
AAVE ( CRYPTOCAP:AAVE )
DOGE ( CRYPTOCAP:DOGE ) Doge is already on the move but it has the checkbox, could go higher in this pair
Which ones are on the way to get this setup?
CRYPTOCAP:NEAR AMEX:APT CRYPTOCAP:DOT CRYPTOCAP:ADA - All these 4 are on the way to get it, but remember it's just a good setup IT DOES NOT MEAN they're not gonna go up in the altseason cuz they're probably still gonna do it since they're really big L1's. One thing for sure that has been talked about it's the concern that we had like a mini altseason and ofc we can't say for sure it's coming the big one, but BTC 4 year cycles has repeated till this date so it might come anyway.
That's it for the post, these are the top 30 altcoins that could outperform BTC from now, thank you for your time and remember DYOR (Do your own research)